which of the following best explains a decrease in the equilibrium wage for bakers and a decrease in the equilibrium quantity of bakers in bloomington? group of answer choices bakeries no longer offer a retirement plan for bakers. the price of baked goods increase. an increase in the number of indianapolis bakers moving to bloomington. the number of bloomington bakeries decreases.
Answers
A rise in the number of bakers from Indianapolis relocating to Bloomington. both the equilibrium number of bakers in Bloomington and their equilibrium salary have decreased.
What elements influence the equilibrium wage?In a competitive market, supply and demand decide wages. A rise in supply or a fall in demand will raise the equilibrium wage. The equilibrium wage will decline if supply or demand fluctuates. The junction of supply and demand determines the cost of labor, or the wage rate, just like it does in any market. The equilibrium price decreases as labor supply grows, while the equilibrium price increases as labor demand grows. When wages are high, workers prefer to work, and employers prefer to hire when wages are low. The salary and employment levels that are observed in the labor market are determined by labor market equilibrium, which "balances out" the competing desires of employers and workers.
To know more about equilibrium visit:
brainly.com/question/14718127
#SPJ4
Related Questions
document symptoms to some extent can signal out that embezzlement is taking place. which among the following usually does not point to some problem with the source documents? a. photocopied documents b. different names or addresses of payees or customers c. excessive voids or credits d. increased past-due accounts
Answers
Document symptoms to some extent can signal out that embezzlement is taking place. The "photocopied documents." usually does not point to some problem with the source documents. The correct option is (a).
This is because photocopied documents are not necessarily an indicator of embezzlement taking place, especially in instances where the original documents may be damaged, lost, or being held by another party. In some cases, photocopied documents may be used as a backup in case the original documents become lost or damaged.In contrast, different names or addresses of payees or customers, excessive voids or credits, and increased past-due accounts are all possible indicators of embezzlement taking place.
Different names or addresses of payees or customers may signal that an employee is creating fake accounts to funnel money to themselves, while excessive voids or credits may indicate that an employee is voiding sales transactions and pocketing the cash. Increased past-due accounts may signal that an employee is mismanaging accounts and not following up with customers to collect payments.
To know more about embezzlement click here
brainly.com/question/10116585
#SPJ11
Julie Deane quoted in 2012.
1. What personal qualities did Julie display when she set up her business?
Please help me !!!
Answers
The personal qualities or characteristics that Julie displayed at the time she was setting up her Cambridge Satchel business were as follows:
1. Grit: This enabled Julie to overcome initial setbacks during the business formation period.
2. Hardwork: Julie discovered that she could do something about the Cambridge Satchel business and, she put her energy into creating it and making it successful.
3. Determination: Julie was focused on her purpose to provide funds for her daughter's education. She did not look back.
4. Research Ability: Julie scoured the internet for information. Information provides knowledge to start a business and run it efficiently.
Thus, Julie displayed good personal qualities in starting her Cambridge Satchel Company.
Read more about personal qualities of an entrepreneur at https://brainly.com/question/3780649
Which statement best explains why the United States grew into a world
economic power in the 20th century?
O A. The United States prevented other countries from abandoning the
gold standard.
O B. The United States increased its participation in international trade.
C. The United States put effective trade barriers in place to limit trade
with other nations.
D. The United States stayed out of major world wars and instead
made economic investments.
Answers
Answer:
B. The United States increased its participation in international trade.
Explanation:
The correct option is - B. The United States increased its participation in international trade.
Which situation would most likely cause a currency with a flexible exchange rate to increase in value?
Answers
Answer:
:A currency with a flexible exchange rate is one that is determined by supply and demand in the foreign exchange market. Therefore, the most likely situation that would cause a currency to increase in value is an increase in demand for that currency relative to its supply.
This can happen for a variety of reasons, such as an increase in foreign investment in the country, an increase in exports, or a decrease in the supply of the currency due to government intervention or a decrease in the money supply.
For example, if a country has a strong economy and is seen as a safe place to invest, foreign investors may want to buy more of that country's currency, causing its value to increase. Similarly, if a country's exports become more competitive due to a decrease in the value of its currency relative to other currencies, demand for that currency may increase, causing its value to rise.
can be in form of a written summary of the findings of a required investigation or a particular problem
A) presentation
B) itinenaries
C) reports
D) notices
Answers
For a startup company to effectively compete against a large number of established competitors, proven strategies include:
Answers
One of the proven strategy in which startup companies can effectively compete against large number of established competitors is by Establishing a solid digital presence for their small and medium scale businesses.
What are Startup company?A startup company is a company that is newly coming up. They are still fresh in business and sometimes require time to grow and become firm in the market.
For these small businesses to grow, their presence would need to be felt. One way is by massively putting out their selves digitally. In a world of social media, they can take advantage of that to compete against big competitors.
Learn more about Startup Company here:
https://brainly.com/question/24553900
which of the following best describes the concept of the tragedy of the commons? responses resources that are shared by individuals, such as the ogallala aquifer groundwater, are highly regulated by legislation, thereby depriving common people of their use. resources that are shared by individuals, such as the ogallala aquifer groundwater, are highly regulated by legislation, thereby depriving common people of their use. communities enact recycling programs to reduce the amount of materials that need to be mined. the cost of the recycling program is absorbed by community taxes. communities enact recycling programs to reduce the amount of materials that need to be mined. the cost of the recycling program is absorbed by community taxes. the aim of large logging operations in tropical rain forests is economic gain, rather than sustainability. therefore, the shared resources in the forest could become depleted. the aim of large logging operations in tropical rain forests is economic gain, rather than sustainability. therefore, the shared resources in the forest could become depleted. soil nutrients, such as nitrates, are used unequally depending on the type of vegetation. therefore, farmers must add fertilizers to certain areas to grow crops.
Answers
The sentence that best describes the concept of the tragedy of the commons is the aim of large logging operations in tropical rain forests is economic gain, rather than sustainability. therefore, the shared resources in the forest could become depleted.
What was the concept of the tragedy of the commons?The phrase "tragedy of the commons" describes a situation in which people who have access to a shared resource, also known as a common, act selfishly and ultimately deplete the resource. British author William Forster Lloyd initially conceived of this economic theory in 1833.
It shoul;d be noted that tragedy of the commons is a situation where individual users who have open access to a resource are hindered by shared social structures or formal norms, both in an economics context and in an ecological one..
Learn more about tragedy at:
https://brainly.com/question/2491031
#SPJ1
News organizations primarily make most of their money by selling:
Answers
News organizations primarily make most of their money by selling to advertisers. Reaching an audience is assured with advertisements.
What do you mean by the advertising?An advertising, sometimes referred to as an advert or ad, is typically seen as a form of public discourse that supports a good, service, organization, or event.
These particular adverts include: Newspaper, magazine, and brochure advertisements, among other print media Radio and television commercials are examples of broadcast advertising.
Hoardings, banners, flags, wraps, etc. are examples of outdoor advertising. Internet and digital device advertisements are referred to as "digital advertising."
Advertising is a technique for promoting your company in order to boost sales or raise audience awareness of your goods or services.
Therefore, news organizations primarily make most of their money by selling to advertisers. Reaching an audience is assured with advertisements.
To know more about the advertising, visit:
https://brainly.com/question/3163475
#SPJ2
What is the maximum output that the economy can sustain over a period of time called? O A. productive capacity O B. economic output O C. controlled incentive O D. maximum spending
Answers
Answer:
A. Productive capacity
Explanation:
What is the purpose of credit legislation and what is its impact on individuals, companies, and financial institutions?
Answers
Answer:
here ;)
Explanation:
Its purpose is to protect consumers obtaining credit to finance their transactions, ensure that adequate credit is provided, and govern the credit industry in general. In 1968, Congress passed the Consumer Credit Protection Act in part to regulate the consumer credit industry.
the types of milatary are safe
Answers
Answer: US Air Force and Navy
Explanation:
Raj and Annie, owners of a trucking company, are discussing opening a new distribution center and are analyzing the estimated cost and potential benefits of the project. Raj and Annie are behaving rationally because:___________
Answers
Raj and Annie, owners of a trucking company, are behaving rationally because they are analyzing the estimated cost and potential benefits of opening a new distribution center.
By evaluating the cost and benefits of the project, Raj and Annie are demonstrating rational behavior. Rationality in decision-making involves assessing the potential outcomes and considering the associated costs before making a decision. In this case, Raj and Annie are actively analyzing the estimated cost of opening the distribution center, including expenses such as construction, equipment, staffing, and operational costs.
Additionally, they are considering the potential benefits that the new distribution center can bring to their trucking company, such as increased efficiency, expanded market reach, and higher profitability. This rational approach allows them to make an informed decision based on a careful evaluation of the costs and benefits involved in the project.
To learn more about cost click here : brainly.com/question/14725550
#SPJ11
In the Challenge Solution, would it make a difference to the analysis whether the lump-sum costs such as registration fees are collected annually or only once when the firm starts operation? How would each of these franchise taxes affect the firm's long-run supply curve? The Federal Motor Carrier Safety Administration (FMCSA) along with state transportation agencies in 38 states administer interstate trucking licenses through a Single State Registration System. However, the registration process is complex, time consuming, and expensive. There are many fees and costly regulations that a trucker or firm must meet to operate. For example, for a large truck, the annual federal interstate registration fee can exceed $8,000. These largely lump-sum costswhich are not related to the number of miles drivenhave increased substantially in recent years. What effect do these new fixed costs have on the trucking market price and quantity? Are individual firms providing more or fewer trucking services? Does the number of firms in the market rise or fall? The Challenge Solution suggests the market price will increase and the market quantity will decrease. Further, the number of firms in the market will fall, although each firm remaining in the market will produce more. Instead of being collected annually, if the lump-sum costs are collected only once (when the firm starts operation), then
Answers
Answer:
The answer is "nothing changes because the fees would still be fixed costs."
Explanation:
When annual expenses throughout the cash payment are recovered, a long-term delivery curve of both the company will change.
When the lump sum costs are still only obtained once, the long-term supply curve shall be changed.
It is because, regardless of how it is paid, this tv license has little effect mostly on low cost but only a fixed cost. Its amount of output relies on how well the cost of the profit changes. Provided these are fixed costs, their performance doesn't matter.
In 2010, there was an interesting lawsuit about bagels. a company claimed to have created a new way to re-create "brooklyn style" bagels and then reported that another bagel producer had stolen its recipe. a researcher wonders if bagel sales might have been affected simply by the fact of the story making the national news, so she tracks total bagel sales in dollars for one year before and after the news story hits. what type of variable is total bagel sales?
Answers
Answer:
Nominal variable
Explanation:
The nominal variable is the type of variable in which it contains two or more categories but there is no particular order to classify them
For example: gender i.e. male and female
So as per the given situation since it is mentioned that the total bagel sales prior to one year and after when the new story hits so here the total bagel sales represent the nominal variable
So the same is relevant
Identify the interpersonal skill that each scenario describes.
Vanessa is annoyed with a
customer but answers his
questions patiently.
Wilson offers to help Mary
when she expresses
frustration with a task.
Problem Solving
Rita always greets people
warmly, saying, "Hello, how
are you?"
Peter always ends a call by
saying, "It was a pleasure
talking to you."
Good Manners
Sara finds an app to help
Mason do some complex
budget calculations.
Ruth is cheerful, although
she is anxious about her
job review.
Positive Attitude
Answers
Despite her anger, Vanessa exhibits patience as a social strength by responding to client inquiries. Wilson demonstrates empathy by assisting Mary when she complains about a project. Rita shows good etiquette by extending a friendly greeting and enquiring about their well-being. In addition, Peter behaves admirably by cheerfully taking the call. Sarah exhibits her aptitude for problem-solving by locating a tool to assist Mason with challenging budget computations. Finally, Ruth has a cheerful outlook despite her concerns about her job analysis.
To determine the interpersonal skills demonstrated in each situation, I analyzed the behaviors and described in how people interacted with each other and rated each other’s strengths.
When answering a client’s questions, Vanessa shows patience even when she is angry. The ability to endure is the ability to remain calm under pressure.Wilson shows sympathy by offering to help Mary with her complaint. Wilson has empathy, which is the ability to understand and relate to another’s feelings. Wilson supports and understands Mary’s situation.Rita greeted us warmly and politely asked how everyone was doing. Good manners include showing respect and courtesy to others, including proper greetings and genuine concern for their welfare.The act of Peter hanging up the phone and saying he’s happy to talk to them is equally condescending. It shows how to end a conversation with dignity and progress.To solve one problem, Sarah looked for an app to help with Mason’s complicated financial calculations. Problem solving involves finding and implementing effective solutions to challenges or tasks.Last but not least, Ruth displays the virtue of being optimistic while feeling nervous about her job evaluation. Positive thinking is happiness and positivity despite challenges or doubts.The relevant interpersonal skills presented in each situation were determined by observing the behaviors and activities I exhibited.
For more information "Behavior"
https://brainly.com/question/33390951
1-A sunk cost is defined as the most valuable alternative that is given up if a particular investment is undertaken.
Group starts True or False
2- Depreciation (CCA) tax shield is defined as the tax saving that results from the CCA deduction, calculated as depreciation multiplied by the corporate tax rate.
Group starts True or False
3- In Canada, depreciation for tax purposes is called ___________.
Multiple Choice
Depreciation for tax purposes.
Modified accelerated cost recovery.
Capital cost allowance.
Decelerated appreciation.
Accelerated depreciation.
4- Opportunity cost is defined as a cost that has already been incurred and cannot be removed and therefore should not be considered in an investment decision.
Group starts True or False
Answers
1- False. A sunk cost is not defined as the most valuable alternative that is given up if a particular investment is undertaken.
2- True. The Depreciation (CCA) tax shield is indeed defined as the tax saving resulting from the CCA deduction, calculated as depreciation multiplied by the corporate tax rate.
3- Capital cost allowance. In Canada, depreciation for tax purposes is referred to as capital cost allowance.
4- False. Opportunity cost is not a cost that has already been incurred and cannot be removed. It refers to the value of the next best alternative that is forgone when making a decision.
1- A sunk cost is a cost that has already been incurred and cannot be recovered. It is independent of future decisions and should not be considered in investment decisions.
2- The Depreciation (CCA) tax shield refers to the tax benefit received due to the deduction of depreciation expenses. It is calculated by multiplying the depreciation amount by the corporate tax rate.
3- In Canada, the term used for depreciation for tax purposes is "Capital Cost Allowance" (CCA). It represents the deduction allowed for the wear and tear, obsolescence, or depreciation of capital assets.
4- Opportunity cost refers to the value of the next best alternative that is forgone when choosing one option over another. It is a crucial factor in decision-making and should be considered when evaluating the potential benefits and drawbacks of different choices.
Learn more about opportunity cost here: brainly.com/question/31580865
#SPJ11
Mr. Almos earned $672. 55 in net pay for working 28 hours. He paid $99. 60 in federal and state taxes, and $41. 62 in fica taxes. What was his hourly wage?.
Answers
Mr. Amos's hourly wage is $29.06 or option C after paying FICA taxes.
To get hourly wage, we should first add the taxes to the pay.FICA is a U.S. federal payroll tax. It stands for the Federal Insurance Contributions Act and is deducted from each paycheck. Your nine-digit number helps Social Security accurately record your covered wages or self- employment. As you work and pay FICA taxes, you earn credits for Social Security benefits.
so,
672.55
99.60
+41.62
813.77
So he earned 813.77 for working 28 hours
To find out how much he earned for each hour
813.77 / 28 = 29.06
To learn more on hourly wage, visit';
https://brainly.com/question/12349079
#SPJ4
complete Question:
Mr. Almos earned $672.55 in net pay for working 28 hours. He paid $99.60 in federal and state taxes, and $41.62 in FICA taxes.
What was his hourly wage?
A. $18.98
B. $24.01
C. $29.06
D. $29.96
A company produces 10 items, charges $45 per item. When it produces 20 items, it charges $40 per item. Cost to produce 10 items is $450, cost to produce 20 items is $650. What is the price, cost, revenue, profit functions. What is the break-even points, max profit and items to produce to get max profit.
Answers
Answer:
a. The price, cost, revenue, profit function = Revenue - Cost = (price * quantity - cost)
b. Break-even point = Total Revenue = Total Cost
= $450 = $450
break-even point in units = 10 items
c. Maximum profit = $150
Items to produce to get max profit = 20 items
Explanation:
a) Data and Calculations:
Sales Revenue for 10 items = $450 ($45 * 10)
Cost of sales for 10 items = $450
Sales Revenue for 20 items = $800 ($40 * 20)
Cost of sales for 20 items = $650
The price, cost, revenue, profit function = Revenue - Cost = (price * quantity - cost)
For 10 items, function yields = {($45 * 10) - $450} = 0
For 20 items, function yields = {($40 * 20) - $650} = $150
How did Joe Biden get president?
⇔∈∉∧⊇←²³√∛·×÷±≈≠≥≤≡≅⇒,㏒
Answers
Answer:
Dont know im canadian
Explanation:
Which three characteristics help identify a business opportunity? (Choose three)
Select 3 correct answer(s)
Branding
Quality
Price
Service
Marketing
Size
Answers
Marketing, Size, and Quality are the three characteristics that help identify a business opportunity. The correct options are B, E, and F.
How do entrepreneurs identify business opportunities?When entrepreneurs look for opportunities in existing markets, they find them. This implies that they are aware of technological, economic, and social trends. They observe changes in their professional or personal environment and events. They communicate with others in their network.
Firms can survive, thrive, and remain competitive in their markets by continuously identifying and exploiting new opportunities. When this is widespread, the entire economy benefits from long-term growth.
Thus, the ideal selections are options B, E, and F.
Learn more about business opportunities here:
https://brainly.com/question/13334486
#SPJ1
Answer: Marketing, Size, and Quality
Explanation: I got it right on a test
A urvey found that 76% of men preferred darker jean. If 500 men were ureveyed, how many anwered that they preferred darker jean
Answers
If 500 men were surveyed and 76% of them preferred darker jean, then the number of men who preferred darker jean was 380.
A percentage is a figure or ratio that reflects a fraction of 100 in mathematics. It is one of the methods for representing a dimensionless connection between two numbers, along with ratios, fractions, and decimals. Percentages are frequently symbolized by the symbol "%" following the number. They can also be expressed as "percent" or "pct" following the number.
Example:
30% = 30/100
A percent, just like a fraction, represent a part of a whole. Example 20% of 300 students is equal to:
20% x 300 = 60 students.
In this problem, the data from the survey said that 76% men preferred darker jeans. If the number of men being surveyed was 500, the the number of men that preferred darker jeans was:
76% x 500 = 76/100 x 500
= 76 x (500/100)
= 76 x 5 = 380 men
Learn more about percent here:
https://brainly.com/question/843074
#SPJ4
Sales returns and allowances is a ______ account and is ______ when goods are returned by customers for a refund.
Answers
Sales returns and allowances are a Contra revenue account and are debited when goods are returned by customers for a refund.
The debit is to Sales Returns and Allowances (-SE) which will offset the original credit to Sales Revenue (+SE) for the returned goods.
Net Sales on the income statement equals the: (Sales Revenue - the Sales Returns and Allowances) a Contra Revenue account.
The Sales Returns and Allowances account reduces the Sales Revenue account on the income statement. It is a Contra-Revenue account as it increases on the debit side like an expense, however, it isn't always disclosed with selling and administrative expenses or the cost of Goods Sold expense.
Your question is incomplete. Please read below for the missing content.
Sales Returns & Allowances is a ____ account and is _____ when goods are returned by the customers for a refund.
liability; credited
contra-revenue; credited
revenue; credited
contra-revenue; debited
contra-asset; debited
contra-asset; credited
Learn more about Sales returns here https://brainly.com/question/15349407
#SPJ1
Your firm is contemplating the purchase of a new $490,000 computer-based order entry system. The system will be depreciated straight-line to zero over its five-year life. It will be worth $38,000 at the end of that time. You will save $143,000 before taxes per year in order processing costs, and you will be able to reduce working capital by $63,000 (this is a one-time reduction). If the tax rate is 21 percent, what is the IRR for this project? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answers
The IRR for the given project is 16.68%. The calculation for IRR (Internal Rate of Return) for the given project is as follows:
Year Year Savings Depreciation Tax Saving cash flow
0 −$490,000 −$490,000 −$0.00 −$490,0001 $143,000 −$98,400 −$9,333.30 $35,266.702 $143,000 −$98,400 −$9,333.30 $35,266.703 $143,000 −$98,400 −$9,333.30 $35,266.704 $143,000 −$98,400 −$9,333.30 $35,266.705 $143,000 −$98,400 −$9,333.30 $73,933.70
The given information above can be put in a table form. Year 0 is the initial year where the order entry system is being purchased for $490,000. While the next five years (1-5) are the year of savings, depreciation, tax saving, and cash flow. This is shown below:
Now, the calculation for the internal rate of return (IRR) can be made using a financial calculator or spreadsheet. The following table can be used:Year Cash Flow PV Factor Present Value
0 -$490,000 1 -$490,0001 $35,266.70 0.791 27,906.492 $35,266.70 0.624 22,019.413 $35,266.70 0.467 16,441.334 $35,266.70 0.350 12,342.695 $73,933.70 0.263 19,444.81
Now the sum of present values can be calculated. The calculation is shown below:-$490,000 + $27,906.49 + $22,019.41 + $16,441.33 + $12,342.69 + $19,444.81 = $-392.27
The Internal rate of return (IRR) is then calculated by making the present value equal to zero. By using the financial calculator or spreadsheet, the IRR is equal to 16.68%. Therefore, the IRR for the given project is 16.68%.
To know more about IRR visit:
https://brainly.com/question/31393609
#SPJ11
lorna sam, cpa, is auditing the financial statements of oakdale company for the year ending december 31, year 2. select from the option list provided the assertion that correctly matches each audit procedure for the audit of property, plant, and equipment. each choice may be used once, more than once, or not at all. audit procedure assertion 1. sam vouched significant debits from the repairs and maintenance expense account to determine whether any should have been capitalized. [ select ] 2. sam tested the authorization, execution, recording, and custody aspects of an equipment transaction. [ select ] 3. sam inspected equipment additions made by oakdale company. [ select ] 4. sam analyzed lease documents to determine whether leases have been properly recorded as finance or operating leases. [ select ] 5. sam prepared a schedule of fixed assets using subsidiary records and compared the balance with the general ledger. [ select ] 6. sam read oakdale company's financial statements to determine whether the property, plant, and equipment account is presented as a noncurrent asset. [ select ] 7. sam inspected tax records to determine whether oakdale company had paid the property taxes for the recorded assets. [ select ] 8. sam examined depreciation methods and their application to determine
Answers
In the following sequence the assertion that matches this audit procedure is completeness, accuracy, existence, classification, completeness, presentation and disclosure, rights and obligations, and valuation and allocation.
1. The assertion that matches this audit procedure is "completeness." By vouching significant debits from the repairs and maintenance expense account, Lorna Sam is trying to determine whether any of those expenses should have been capitalized.
This means they should have been recorded as additions to property, plant, and equipment. If any expenses were incorrectly recorded in the repairs and maintenance expense account, it would result in an understatement of the property, plant, and equipment account, which would violate the completeness assertion.
2. The assertion that matches this audit procedure is "accuracy." By testing the authorization, execution, recording, and custody aspects of an equipment transaction.
Lorna Sam is trying to ensure that the transaction has been recorded accurately in the property, plant, and equipment account. If any aspect of the transaction is incorrect, it could result in an overstatement or understatement of the account balance, which would violate the accuracy assertion.
3. The assertion that matches this audit procedure is "existence." By inspecting equipment additions made by Oakdale Company, Lorna Sam is trying to ensure that the equipment actually exists and has been properly recorded in the property, plant, and equipment account.
If any equipment additions were not recorded or do not actually exist, it would violate the existence assertion.
4. The assertion that matches this audit procedure is "classification." By analyzing lease documents, Lorna Sam is trying to ensure that leases have been properly classified as either finance or operating leases.
The classification of a lease will determine how it is recorded in the financial statements and can affect the amount recorded in the property, plant, and equipment account. If leases are not properly classified, it would violate the classification assertion.
5. The assertion that matches this audit procedure is "completeness." By preparing a schedule of fixed assets using subsidiary records and comparing the balance with the general ledger.
Lorna Sam is trying to ensure that all fixed assets have been properly recorded in the property, plant, and equipment account. If any fixed assets are missing from the account, it would violate the completeness assertion.
6. The assertion that matches this audit procedure is "presentation and disclosure." By reading Oakdale Company's financial statements, Lorna Sam is trying to ensure that the property, plant, and equipment account is presented as a noncurrent asset.
This is the appropriate presentation for long-term assets. If the account is presented incorrectly, it would violate the presentation and disclosure assertion.
7. The assertion that matches this audit procedure is "rights and obligations." By inspecting tax records, Lorna Sam is trying to ensure that Oakdale Company has paid the property taxes for the recorded assets.
This indicates that the company has the right to use the assets. If property taxes have not been paid, it would violate the rights and obligations assertion.
8. The assertion that matches this audit procedure is "valuation and allocation." By examining depreciation methods and their application, Lorna Sam is trying to ensure that the depreciation expense recorded in the property, plant, and equipment account is appropriate.
This has been consistently applied. If the depreciation methods are not appropriate or have not been consistently applied, it would violate the valuation and allocation assertion.
To know more about audit refer here:
https://brainly.com/question/30903052#
#SPJ11
Select all that apply.
Information on a résumé includes each of the following:
date of birth
education
past employment
references
I should know this right now.. Btw, I NeEd aN aNsWeR NoW!!!!!!
Answers
Hope this helpssss
an agency can end without any action by the principal or the agent through: a.termination through action. b.termination by decision of law. c.termination by operation of law. d.termination through inaction.
Answers
An agency can end without any action by the principal or the agent through termination by a decision of the law.
Abstract. A sense of agency refers to a sense of control over actions and their consequences. Career choice. Groups entering a social movement. Mate selection (also called affective individualism). Choice of dessert from the menu.
Agency is the sense of control you feel in your life, your ability to influence your own thoughts and behaviors, and confidence in your ability to handle a wide range of tasks and situations. Your sense of agency helps you to be psychologically stable, yet flexible in the face of conflict or change.
Learn more about agency here
https://brainly.com/question/28067297
#SPJ4
a project has sales of $300,000, costs of $200,000, depreciation of $60,000, interest expense of $4,000, and a tax rate of 21 percent. what is the value of the depreciation tax shield?
Answers
The value of the depreciation tax shield is (C) $12,600.
What is depreciation?An asset loses value over time as a result of use, damage, or obsolescence.
Depreciation is the measurement of this decline.
Depreciation, or a decline in asset value, can be brought on by a variety of other variables, such as bad market conditions, etc.
So, the value of the depreciation tax shield:
The depreciation tax shield formula: Depreciation Tax Shield = Depreciation Expense * Tax Rate %
Now, substitute values and calculate as follows:
Depreciation Tax Shield = Depreciation Expense * Tax Rate %
Depreciation Tax Shield = 60,000 * 0.21
Depreciation Tax Shield = $12,600
Therefore, the value of the depreciation tax shield is (C) $12,600.
Know more about depreciation here:
https://brainly.com/question/25806993
#SPJ4
Complete question:
A project has sales of $300,000, costs of $200,000, depreciation of $60,000, interest expense of $4,000, and a tax rate of 21 percent. what is the value of the depreciation tax shield?
a. $47,400
b. $24,800
c. $12,600
d. $38,800
what shoudl be the current price ofa stock if the expected dividend is 7$ the stock has a req rate of return of 19%
Answers
To calculate the current price of a stock based on the expected dividend and required rate of return, we can use the Gordon Growth Model. The formula for the model is:
Current stock price = Dividend / (Required rate of return - Dividend growth rate)
In this case, the expected dividend is $7 and the required rate of return is 19%. We don't have information about the dividend growth rate, so we can assume it to be a constant rate in the long-term. Let's assume a conservative estimate of 2% for the dividend growth rate.
Substituting these values into the formula, we get:
Current stock price = 7 / (0.19 - 0.02) = $43.75
Therefore, if the expected dividend is $7 and the stock has a required rate of return of 19%, the current price of the stock should be $43.75.
To know more about current price click this link -
brainly.com/question/20703640
#SPJ11
which of the following below is not one of porter's five forces?
Answers
Answer:
Buyer power
Supplier power
Rivalry among existing competitors
Prices of major inputs
Explanation:
High when buyers have few choices of whom to buy from and low when their choices are many
Optimization of Shareholder wealth is not one of porter's five forces.
What is porter's five forces?Porter's Five Forces Framework is a method for analyzing a company's competitive operating environment. It derives five forces from industrial organization economics that determine the competitive intensity and, thus, the attractiveness of an industry in terms of profitability.
Porter's Five Forces is a model that identifies and analyzes five competitive elements that impact every industry and aids in determining the strengths and weaknesses of that industry. The Five Forces analysis is commonly used to determine business strategy by identifying the structure of an industry.
A framework for today ’s dynamic business environment is Porter's Five Forces.
Porter's Five Forces is a widely used framework for assessing the competitive forces that influence a wide range of business sectors.
To learn more about porter's five forces
https://brainly.com/question/28074535
#SPJ2
A person in her last days with a terminal illness tells her friend that he can have her car when she dies. This type of gift is called a:a. gift causa vivos.b. gift extra mortis.c. gift inter vivos.d. gift causa mortis.
Answers
The correct answer is d. gift causa mortis. The type of gift described in the scenario, where a person in her last days with a terminal illness offers her car to her friend upon her death, is known as a gift causa mortis.
A gift causa mortis is a legal term that refers to a gift made by an individual who anticipates their impending death. In this case, the person with a terminal illness is aware that her death is imminent and decides to give her car to her friend. The gift causa mortis differs from other types of gifts in that it only takes effect upon the donor's death. If the donor recovers from the illness, the gift becomes void. However, if the donor passes away as anticipated, the gift transfers ownership to the recipient without the need for probate or going through the deceased person's will.
It is important to note that a gift causa mortis requires certain conditions to be met, such as the donor's anticipation of impending death, the delivery of the gift to the recipient, and the donor's relinquishment of ownership and control over the gift. Additionally, the donor must die from the anticipated cause for the gift to take effect.
Learn more about gift causa mortis here:
brainly.com/question/14767795
#SPJ11