The accountant for Murphy Company prepared the following analysis of its inventory at year end: Item Units Cost per Unit Net Realizable Value RSK-89013 550 $38 $44 LKW-91247 329 49 45 QEC-57429 462 25 33 Required: 1. Compute the carrying value of the ending inventory using the lower of cost or market method applied on an item-by-item basis. $ 2. Prepare the journal entry required to value the inventory at lower of cost or market. (Inventory adjustment to market value)

Answer: A

Explanation:

The equilibrium market price is 4 and output of the representative firm is 80.

a. To find the equilibrium market price and output of the representative firm, we need to equate market demand and supply:

QD = QS

100 - 5P = 20P

100 = 25P

P = 4

Substituting P into the market supply function, we can find the equilibrium quantity:

QS = 20P

QS = 20(4)

QS = 80

Therefore, the equilibrium market price is 4 and the output of the representative firm is 80.

b. To draw the graph for the short run equilibrium, we can start by plotting the market demand and supply curves:

The equilibrium price is at the intersection of the two curves, which is P = 4. To find the output of the representative firm, we can use the market supply curve and substitute P = 4:

QS = 20P

q = QS/number of firms

q = 20(4)/5

q = 16

Therefore, the output of the representative firm is 16.

c. In the long run, we would expect to see entry into or exit from this industry depending on the profitability of firms. If firms are making positive economic profits, we would expect to see entry into the industry until profits are competed away. Conversely, if firms are making losses, we would expect to see exit from the industry until losses are eliminated.

d. In long-run equilibrium, economic profits are zero, so firms are making normal profits. To find the price at which no further entry or exit would occur, we can use the long-run market supply curve:

QS = QS1 + QS2 + ... + QSn

where QS1, QS2, ..., QSn are the long-run supply curves of the individual firms.

Since the total cost function of a firm is given by C(q) = 2 + q^2, we can find the long-run supply curve by minimizing average total cost (ATC) with respect to output:

ATC(q) = C(q)/q = 2/q + q

ATC'(q) = -2/q^2 + 1 = 0

q = sqrt(2)

Substituting q into the total cost function, we can find the minimum of ATC:

ATC(q) = C(q)/q = (2 + 2)/sqrt(2) = 2sqrt(2)

Therefore, each firm's long-run supply curve is:

q = 20(P - 2sqrt(2))

Substituting this into the market supply equation, we can find the long-run equilibrium price:

QS = 20(P - 2sqrt(2))

100 - 5P = 20P - 40sqrt(2)

25P = 100 + 40sqrt(2)

P = (100 + 40sqrt(2))/25

Substituting P back into the market supply equation, we can find the long-run equilibrium quantity:

QS = 20P - 40sqrt(2)

QS = 20[(100 + 40sqrt(2))/25] - 40sqrt(2)

QS = 32sqrt(2)

Therefore, the market price at which no further entry or exit would occur and the industry would be in long-run equilibrium is approximately 3.77, and the long-run equilibrium quantity is approximately 32sqrt(2).

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Answer:

the amount of sales revenue recorded is $86,234

Explanation:

The computation of the amount of sales revenue recorded is shown below:

= Annual payments × PVAD of $1

= $19,500 × 1+(1 - (1.10)^-5) ÷ 0.10

= $86,234

Hence, the amount of sales revenue recorded is $86,234

We simply applied the above formula

2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed.

2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed. (a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $

2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed. (a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $ (b) Assume the same facts as those assumed for part (a), except that the 60 bonds were issued on September 1, 2020 (rather than in 2019), and none have been converted or redeemed. Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $

2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed. (a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $ (b) Assume the same facts as those assumed for part (a), except that the 60 bonds were issued on September 1, 2020 (rather than in 2019), and none have been converted or redeemed. Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $ (c) Assume the same facts as assumed for part (a), except that 20 of the 60 bonds were actually converted on July 1, 2020. Compute diluted earnings per share for 2020

2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed. (a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $ (b) Assume the same facts as those assumed for part (a), except that the 60 bonds were issued on September 1, 2020 (rather than in 2019), and none have been converted or redeemed. Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $ (c) Assume the same facts as assumed for part (a), except that 20 of the 60 bonds were actually converted on July 1, 2020. Compute diluted earnings per share for 2020

Answer:

The answer is D $254.95

Explanation:

Account Balance = -$52.79

Deposit = $307.74

New Account Balance = -52.79 + 307.74

                                      = $254.95

Answer [3]

Hi there! I'm Lilo, and I'm here to help you :D

His eldest/first son was Bronny James

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More info:

Bronny James is the eldest son of Lebron James.

He currently plays as a Point guard for Sierra Canyon High School.

He is the 24th ranked player in his high school class.

And he has been labeled a 4 - star recruit by ESPN.

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Last messages:

Have a great Morning/ Afternoon/ Night :)

I'm truly sorry if this is incorrect :(

- [Lilo2was2lost]

Answer:

A. 12 units

B. 77 units

Explanation:

A. Calculation to determine What safety stock level do you recommend for BX-5

Using this formula

Safety stock = Z * Standard deviation of demand

Let plug in the formula

Safety stock= 1.65* 7

Safety stock= 11.55 units

Safety stock=12 units (Approximately)

Therefore The safety stock level recommended for BX-5 is 12 Units

b. Calculation to determine What is the appropiate reorder point

Using this formula

Appropriate re-order point = Mean lead time demand + Safety stock

Let plug in the formula

Appropriate re-order point = 65 + 12

Appropriate re-order point = 77 units

Therefore the appropiate reorder point will be 77 units

Answer: the McDonald Prosperity Burger Strategy: Cultural Adaptation, Attitude towards brand and advertisement Culture is one of the main cause of consumer’s wants and behavior. Each cultures have subcultures such as nationalities, religion, racial group, geographic religions and so on. McDonald’s tried to localize their food menu by designing new product according to different cultures and understood consumer buying behaviour. McDonald’s carefully standardized food items according to local tradition and culture. For example, In middle east Arab countries, McDonald’s consumer can get McArabia (grilled halal chicken with Arabic spices and bread), New menu for Vegetarian in India as some people don’t consume meat, in addition to this they avoided beef as cow is sacred in Hinduism i.e majority religion in India, Shogun Burgers in Hong Kong (Teriyaki pork), McShawarmas in Israel (Kosher meat), Bubur Ayam McDs in Malaysia (chicken porridge), McPaltas in Chile (a burger with avocado paste), Bulgogi Burgers in South Korea (thinly sliced meat in bulgogi marinade). McDonald’s marketing and advertising strategy were different for different regions. Their advertisement reflected different culture, subculture, racial group and social class. Also, regular and repeated exposure of an advertisement brings about a familiarity and positive feeling about the brand. Another important element in culture that might have significant impact to marketing strategy is cultural celebration such as Chinese New Year celebration. McDonald has introduce product and advertisement in particular to the celebration.

Explanation:

To write a business proposal and business plan, you need to know the following about both forms of writing:

A business plan is a piece of document that is meant to highlight the goals and objectives of a business. It also shows ways to reach those goals. A business proposal, on the other hand, showcases the exact prices that are required to reach some business objectives.

The following pieces of information are meant to be included in a business plan: the structure of the business, the products and services to be offered, strategies to use in accomplishing objectives, and the financial framework te will guide the processes.  

When writing a business proposal, include the following: title page, the table of contents, executive summary, the business problems to solve and the solutions to them, the prices for the pre-planned actions and the conclusion of the proposal.

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Answer:

1. C

2. C

3. B

4. B

5. B

Explanation:

1. Portfolio relates to a career while "examples" and journal do not.

2. Workbooks because fossils and artifacts relate to something that is not a part of a portfolio.

3.There is no such thing as a hard copy portfolio.

4. An electronic portfolio, or an e-portfolio, stores online digital files.

5. There are only 2 main types of portfolios.

Showcase

Development

Answer:

Wait until all relevant answers are asked, then bring up your topic.

Explanation:

Answer:

allow turn taking and finally you wil have a chance to ask a few questions

The check in procedure on a hotel include:

The check out process include:

It should be noted that it's important to be nice to guest when they come to a hotel.

Check-in: When a visitor arrives at the hotel with the appropriate identification, the check-in process begins. They need to have a legitimate ID. Look into: After handing the hotel receptionist your keys, checking out is the next step.

During the checkout, be nice and helpful to them and tell them that you'll like them to come visiting again.

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Answer:Based on this information, he estimates Bruehl's beta to be:____0.88___

Explanation:

Following  the  CAPM,Capital Asset Pricing Model formula,  The expected

return on stock  for Bruehl Industries is given as

Expected Return = Risk free Return + Market Risk Premium  X Beta  

or

Expected = Risk free rate + Beta x (Market rate - Risk free rate)

Where

Expected Return =10.50%

Risk free Rate= 2.10%,

Beta=??

market rate=11.40%

Expected = Risk free rate + Beta x (Market rate - Risk free rate)  

10.25 = 2.10 +  Beta ( 11.40- 2.10)

10.25-2.10= Beta (9.30)

8.15%/9.30%= Beta

Beta=0.876 rounded to 0.88

Based on this information, he estimates Bruehl's beta to be:____0.88_____

Answer:

Carey should accept buyer A's offer

Explanation:

we need to compare the present values of both proposals:

Present value of proposal A = $480,000

Present value of proposal B:

present value of annuity in 5 years = $75,000 x 9.1285 (PVIFA, 9%, 20 periods) = $684,637.50

present value (today) = $684,637.50 / (1 + 9%)⁵ = $444,967.40

Answer:

Personality

Explanation:

the combination of traits, which result from the interaction of your genes and your environment, they constitute your personality. 

The personality from the interaction of genes and environment.

It could involve anything from managing a team of people to swaying opinions and guiding an organization's development.

Whatever your personal definition of leadership may be, we can all agree on one thing: Great leaders regularly exhibit certain characteristics as opposed to mediocre ones.

Effective leaders play a critical role in ensuring that people are inspired, engaged, and properly prepared to provide their best work at all levels of a business.

Therefore, The personality from the interaction of genes and environment.

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All the given options are part of the project management that happens in the company or a firm.

An executive summary in the project the executives is a synopsis of the most basic data of your undertaking proposition. It's beginning and end that administration has to know when they land on your undertaking before they audit venture plan.

The management included "triangle" of extension, time, and cost has been illuminating undertakings starting from the primary colleague employed to achieve a task. In the essential arrangement of a triple limitation, one of three components can oblige an undertaking.

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Answer:

non-excludable and Non-rivalrous

An individual's behavior is least likely to change when merely informed of a healthier option, like in Scenario B, as there is no incentive or consequential action attached.

In the given scenarios, an individual's behavior is least likely to change in Scenario B where the city of Bakersville tells its residents to eat wheat bread instead of white bread. This scenario only involves information provision with no rewarding or punitive actions attached to induce behavior change, as compared to the rest of the scenarios. Behavioral change usually occurs when there are incentives or penalties associated with the action. For instance, in Scenarios A & D, Saskatoon and Ravamolk are using a reward technique and penalties respectively, as a trigger for behavioral change. Scenario C is using the appeal of fame and success to encourage change. But talking about bread choice without any consequential actions does not guarantee a behavior change.

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Answer:

1. Mary McFly invents a time machine and gets legal protection from competition. Patent

2. Main Line Utilities can operate at a lower cost than multiple electric companies. Economies of Scale

3. The author of Economics for Dumbbells is given exclusive rights to produce this book. Copyright

4. Your city council gives All Talk Communication Services exclusive rights to build high speed internet infrastructure in your town.Government licencing

5. DeJeers Jewelers owns 80% of the world's diamond mines. Control over Resources

Explanation:

A monopoly is when there's only one firm operating in an industry.

Economies of scale is cost reduction that accures to a firm as a result of its large scale production. For example, a supplier might give a producer a discount for buying in bulk.

A patent is when the government or an agency of the government gives the right to produce an invention or a good for a set period, others are usually excluded making, using or selling the invention.

Copyright gives the owner of an intellectual property the exclusive right to make copies of a creative work, usually for a limited time.

If a firm has exclusive access to resocurces, it is possible for the firm to prevent other firms from entering into the industry and thus retain monopoly power.

I hope my answer helps you

Business strategy that incorporates the key operational capability of flexibility is utilizing specialized, automated equipment for consistent product buildup.

Thus, the correct option is A.

A business strategy explains the precise methods through which a company intends to position itself, accomplish its short- and long-term objectives, and expand over time.

A plan outlining how a corporation will accomplish its objectives is known as a business strategy. Although there are many distinct business strategies, cost leadership, differentiation, and focus are a few typical examples.

Cost, quality, distribution, technology, and intellectual property are the only five corporate tactics (IP). These five concepts, or a mixture of them, form the basis of all corporate strategy. Focusing your business on just one thing is generally the simplest to implement.

A strategy is essentially just a hypothesis. For a strategy to be effective, the issue that needs to be resolved must be accurately diagnosed, a guiding policy must be established to handle the issue, and a set of cogent actions must be proposed to carry out the policy.

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Answer:

Explanation:

Insurance protects yourself, your assets, or even your family against financial loss. Oftentimes, events, such as cancer or a car accident, are random and have the potential to financially run people. Insurance is a way to reduce the financial impacts of these risks.

A behavior or action is right or wrong due to the fact that it is a specific kind of action, that tends to fits in with some principles or rules, and can also say the behavior is right or wrong due to the fact that it brings about good or negative consequences.

We must first comprehend what we mean when we speak about right and wrong in order to taken in how to acquire moral understanding.

Therefore, one can make use of Conscience-Based Action: Ethical Knowledge. It is seen as a more prevalent viewpoint that exists that is not too dissimilar from that. It is the notion that by paying attention to our conscience, we can determine what is morally right and wrong. What determines whether anything is right or wrong is that still, small voice within of us.

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Answer:

30 days

And, under the Fair Credit Reporting Act (FCRA), bureaus generally have 30 days to investigate the dispute and remove any items proven to be inaccurate.

Explanation:

There

The US is in the late-cycle expansion phase with moderate recession risk. Reasons why are

This is further explained below.

Generally, Late-cycle economies mature, inflationary pressures build, and the yield curve may flatten or invert. After a recession, monetary policy loosens.

As economic certainty fades, GDP slows, and monetary policy tightens, volatility increases late cycle.

Derivatives are particularly useful to investors seeking portfolio protection or profit during high volatility times like late-cycle and recessions.

In conclusion, The reason for this are

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GDP will change by $40 billion if MPC is 0.80. GDP will change by $24.24 billion if MPC is 0.67.

A thorough evaluation of American economic activities. Without considering the intermediate commodities and services that were used to make them twice, the GDP calculates the value of the final goods and services produced in the US.

The marginal propensity to consume (MPC) concept quantifies how much more people will spend for every dollar of new income. The marginal consumption to marginal income ratio, or MPC, is determined. Propensity to consume is the percentage of disposable income that people spend on consuming.

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To make the description of the data sources in the prepare phase more descriptive, you can consider the following steps:

Specify the location of the data: Provide specific information about the sources of the data, such as the name of the database, website, or organization where the data was obtained. If applicable, mention any specific datasets or files used.

Detail the organization of the data: Describe how the data is structured or organized, whether it is in a tabular format, spreadsheets, databases, or any other specific format. Mention the variables or fields present in the data and how they are arranged.

Address bias and credibility issues: Discuss any potential biases or credibility concerns associated with the data sources. Consider the source's reputation, the methodology used to collect the data, and any known limitations or biases in the data collection process.

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Answer:

                 Sandra Lansbury Company

                       Bank Reconciliation

Balance per bank statement, July 31    $36,330

Add: Deposits in transit                          $11,970  ($6,468+$24,402-$18,900)

Less: Outstanding checks                     ($4,620) ($8,400-$16,800+$13,020)

Correct cash balance, July 31              $43,680

Balance per books, July 31                    $38,850

Add: Collection of note                          $6,300

Less: Bank service charge                     $63

Less: NSF check 335                              $1,407

Corrected cash balance, July 31          $43,680