Answer:
Joe already won
Explanation:
Answer:
joe biden
Explanation:
One friend asks you to go to
the movies and the other
asks you to go to the park.
What is the opportunity cost
if you choose to go to the
park? Explain why
Jacqui decides to open her own business and earns $90,000 in accounting profit the first year. When deciding to open her own business, she withdrew $20,000 from her savings, which earned 3 percent interest. She also turned down three separate job offers with annual salaries of $30,000, $40,000, and $45,000. What is Jacqui's economic profit from running her own business
Jacqui's economic profit from running her own business is: $44,400
Using this formula
Economic profit =(Accounting costs - Implicit costs)
Where:
Accounting profit = $90,000
Implicit costs=($20,000 x 3%) + $45,000
Let plug in the formula
Economic profit=$90,000-[($20,000 x 3%) + $45,000]
Economic profit=$90,000-($600+$45,000)
Economic profit=$90,000-$45,600
Economic profit=$44,400
Inconclusion Jacqui's economic profit from running her own business is: $44,400
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define finiancial institution
Answer:
A financial institution (FI) is a company engaged in the business of dealing with financial and monetary transactions such as deposits, loans, investments, and currency exchange.
Answer:
Financial institutions, otherwise known as banking institutions, are corporations that provide services as intermediaries of financial markets. Broadly speaking, there are three major types of financial institutions:[1][2]
Depository institutions – deposit-taking institutions that accept and manage deposits and make loans, including banks, building societies, credit unions, trust companies, and mortgage loan companies;
Contractual institutions – insurance companies and pension funds
Investment institutions – investment banks, underwriters, brokerage firms
Over five quarters, revenue generated by Alpha Enterprises was: 10, 14, 12, 16, 20. Using the exponential smoothing technique, calculate smoothed values for the 2nd, 3rd, 4th, and 5th quarters given that
a = 0.5: a. 12, 13, 14, 18
b. 12, 12, 14, 17
c. 12, 14, 16, 18
d. 12, 14, 16, 20
To calculate the smoothed values using exponential smoothing, we start with the first observed value and then apply the smoothing formula:
k
Smoothed Value = α * Current Value + (1 - α) * Previous Smoothed Value
Given the following revenue values: 10, 14, 12, 16, 20 and α = 0.5, we can calculate the smoothed values for the 2nd, 3rd, 4th, and 5th quarters as follows:
1st Quarter: Smoothed Value = 10 (Since it's the first observed value)
2nd Quarter: Smoothed Value = 0.5 * 14 + 0.5 * 10 = 12
3rd Quarter: Smoothed Value = 0.5 * 12 + 0.5 * 12 = 12
4th Quarter: Smoothed Value = 0.5 * 16 + 0.5 * 12 = 14
5th Quarter: Smoothed Value = 0.5 * 20 + 0.5 * 14 = 17
The smoothed values for the 2nd, 3rd, 4th, and 5th quarters are: 12, 12, 14, 17.
The correct answer is option b: 12, 12, 14, 17.
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Which of these situations provides an external opportunity that the company may exploit to gain competitive advantage?
O Monica's rare book company has weak competition.
O Jack's food processing plant faces strict government scrutiny.
O Norm's engine manufacturing facility is outdated and needs new equipment.
O Kevin's insurance group lost market capitalization.
Choosing option (a) is the right move. Monica's Rare Books has little outside competition, which creates a chance for the company to gain a competitive edge.
What factors of external competition are there?The external influences can include market or competitive position changes as well as macroeconomic concerns including technology advancement, legislation, and sociocultural shifts. The results are frequently displayed as a matrix.
What distinguishes competitive advantage from a strategic advantage?Your capacity to outcompete others in a market is your competitive edge. Your capacity to outperform competitors more broadly, including your returns to stakeholders like investors, employees, and communities
Why is it vital to achieve a competitive advantage?Having a competitive advantage allows a business to stand out from its rivals by providing clients with something unique and exceptional. A company with a competitive advantage can also outperform its rivals in the market and generate bigger profits.
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Suppose Valerie is consuming one novel per week and one movie per week. Further assume that the marginal utility of novels is 40 utils, and the marginal utility of movies is 50 utils. If each novel and each movie costs $4.00, is Valerie attaining consumer equilibrium?
Valerie is not currently in consumer equilibrium, as she should shift her consumption from novels to movies to maximize her overall satisfaction based on the marginal utility per dollar spent.
To determine if Valerie is in consumer equilibrium, we need to compare the marginal utility per dollar spent on novels and movies.
The marginal utility per dollar spent on novels is 40 utils / $4 = 10 utils per dollar.
The marginal utility per dollar spent on movies is 50 utils / $4 = 12.5 utils per dollar.
Since the marginal utility per dollar spent on movies is higher than that of novels, Valerie should consume more movies and fewer novels to reach consumer equilibrium.
Therefore, Valerie is not currently in consumer equilibrium, as she should shift her consumption from novels to movies to maximize her overall satisfaction based on the marginal utility per dollar spent.
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Why do people start business?
Answer:
Because certain individuals rather be self-employed and given a more flexible schedule. Entrepreneurs have the ability to use their talents or ideas to gain profit.
Explanation:
Question 1 of 10
An investment that you bought for
profit
and sold for
made a
500;600
500;400
600;400
600;500
Answer:
500;600
an investment
Accountants have a competitive advantage over machines with respect to higher level critical thinking skills.
a. True
b. False
The correct answer is b. False.
While accountants possess valuable critical thinking skills, machines also have the ability to perform complex calculations and analyze data quickly and accurately. Machines, such as accounting software and AI systems, can automate many repetitive tasks and generate reports with minimal errors.
However, it is important to note that accountants still play a crucial role in the decision-making process. They possess the ability to interpret and analyze financial information in a broader context, considering various factors such as industry trends, business strategies, and regulatory requirements.
Accountants can use their critical thinking skills to identify patterns, anomalies, and potential risks, as well as provide insights and recommendations based on their understanding of the business environment. They can also exercise professional judgment when dealing with subjective matters or complex situations where human intuition and experience are invaluable.
In summary, while machines have their strengths in data processing and calculations, accountants bring their unique higher level critical thinking skills to the table, making them essential in making informed decisions and providing strategic financial advice.
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how does the entry of new coffeehouses affect the profits of existing coffeehouses?
The entry of new coffeehouses into a market can have a negative impact on the profits of existing coffeehouses.
What is the reason?With more competition, customers have more options to choose from, leading to a potential loss of customers for existing coffeehouses. This can lead to a decrease in revenue and profits.
However, the impact of new coffeehouses on existing ones depends on factors such as location, pricing, and quality of products and services. If an existing coffeehouse has a strong brand, loyal customer base, and competitive pricing, it may be able to withstand the competition and maintain its profits.
Ultimately, the success of existing coffeehouses in the face of new competition depends on their ability to differentiate themselves and offer unique value to customers.
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19. Which medium has the advantage of moving images, sound, and portability in business?
*
(1 Point)
Newspapers
Transit Media
Internet
Radio
Answer:
Internet
Explanation:
Newspapers can be online, but they are originally on paper, transit media is on billboards or the sides of cars, and the radio is definitely not it.
The "Heading1" paragraph style is a good choice to make a chapter name in a document stand out. False True
Answer:
The given statement is "True".
Explanation:
Content formatted with either a heading style initially appeared whenever users are using the perpendicular scroll pointer to peruse a memorandum. Headings can indeed be broadened and sometimes disappeared, as a component of Word’s overview component. Throughout the Navigation window, headings display as users check for text. Because once making a chart of material, individuals would be included.So the one listed above will be the right one.
Suppose one of your ancestors invested $500 in 1800 in an account paying 45 interest compounded annually. Find the balance of the account in the following years. a. 1850 b. 1900 c. 2000 d. 2021
If an ancestor invested $500 in 1800 in an account paying 45% interest compounded annually, the balance of the account in the following years would be $12,248.36 in 1850, $1,330,553.09 in 1900, $4,093,672,634.63 in 2000, and $37,722,031,834.14 in 2021.
The formula for compound interest to calculate the balance of the account in the following years is:
A = P(1 + r/n)^(nt)
Where:
A = the ending balance of the account
P = the initial investment
r = the annual interest rate (as a decimal)
n = the number of times the interest is compounded per year
t = the number of years
a. In 1850, the investment has been compounding for 50 years. Therefore, we have:
\(A = 500(1 + 0.45/1)^{1*50} \\A = 500(1 + 0.45)^{50} \\A = $12,248.36\)
b. In 1900, the investment has been compounding for 100 years. Therefore, we have:
\(A = 500(1 + 0.45/1^{(1*100)} \\A = 500(1 + 0.45)^{100} \\A = $1,330,553.09\)
c. In 2000, the investment has been compounding for 200 years. Therefore, we have:
\(A = 500(1 + 0.45/1)^{(1*200)} \\A =500(1 + 0.45)^{200}\\A = $4,093,672,634.63\)
d. In 2021, the investment has been compounding for 221 years. Therefore, we have:
\(A = 500(1 + 0.45/1)^{(1*221)}\\A = 500(1 + 0.45)^{221} \\A = $37,722,031,834.14\)
In conclusion, if an ancestor invested $500 in 1800 in an account paying 45% interest compounded annually, the balance of the account in the following years would be $12,248.36 in 1850, $1,330,553.09 in 1900, $4,093,672,634.63 in 2000, and $37,722,031,834.14 in 2021.
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Jorge's soccer team is having its annual fundraiser. The team hopes to earn at least three times as much as it did last year. Last year the team earned $87. What is the team's goal for this year?
Answer:
131usd is the aswer
Explanation:
87*3=131usd
On what basis do people often make sense of the world, reach decisions, and organize their lives?
On what basis do people often make sense of the world, reach decisions, and organize their lives on the basis of their religious beliefs
The Equality Act protects any individual against discrimination because of your religious beliefs.
Religious belief means the belief in a religion’s central articles of faith. It also means beliefs which do exists within a religion, but those are not shared by everybody within that religion.
Here are some examples of religious beliefs given below:
The belief of some Christians is that they should wear a cross as a symbol of their faith
The belief within Islam is that a woman should cover her head or her whole body.
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A statement or representation made by a seller that goods conform to certain standards of quality, safety, performance, and title is:________
A statement or representation made by a seller that goods conform to certain standards of quality, safety, performance, and title is Warranty of title.
A Warranty of title is a guarantee via a vendor to a consumer that the seller has the right to switch ownership and nobody else has rights to the assets. in addition, a guarantee of title can be used to assure that no other birthday celebration has copyright, patent or trademark rights within the property being transferred.
An implied assurance is routinely presumed regarding the sale of goods or real assets, which prevents a danger from transferring to the purchaser. An implied warranty is different from an explicit warranty, wherein the seller has expressly promised by way of phrases (i.e. orally or in writing) or conduct (e.g., pattern or version).
Warranty of title can supply the consumer of a assets criminal recourse to sue the vendor if there's a declare or difficulty connected to the property. as an instance, an inheritor of a prior owner can also have an unresolved declare to the belongings that became no longer made recognized through the vendor.
There are general types of warranties, expressed and implied.
What the assurance entails: replacement, restore, or whole refund (and whether the consumer should pay for delivery or other expenses) The duration of time the guarantee covers the product from the date of purchase. What the warranty does no longer cover (which include damage as a result of mistaken or unlawful use)
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Exporting, licensing and joint ventures with a host-country firm are examples of ______ for serving global markets
Exporting, licensing and joint ventures with a host-country firm are examples of entry modes for serving global markets.
Licensing and franchising are both entry modes that require relinquishing some control and working with a local companion. Worldwide licensing is a cross-border agreement that lets in groups in the goal USA the rights to use the belongings of the Licensor.
Developing a third organization with any other accomplice is regularly the preferred marketplace access method, in particular in rising markets. A joint challenge method that the employer can take advantage of the companion's infrastructure, nearby information, and popularity.
Exporting is the sale of services and products in foreign nations which can be sourced from the house US. The advantage of this mode of entry is that corporations keep away from the price of establishing operations within the new country.
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Why could the invention of new technology lead to new business ideas?
Which of the following represent features of continuing education? Check all of the boxes that apply.
not necessary for those with an advanced degree (MD or PhD)
can include self-study such as reading
usually required to maintain a license
often available from professional organizations
only available from universities
Answer:
b,c,d
Explanation:
"Continuing education (CE) is an essential part of a health science or technology career and can include all kinds of education, including self-study. CE is usually required to maintain a professional license."
Answer:
b, c, d
Explanation:
edge2021
results in increased scarcity and inefficiency in the production of a good or service.
Shifting the demand curve to the right indicates an increase in demand, while shifting it to the left indicates a reduction in demand. increases the scarcity of something and makes it more inefficient to produce.
What do excess and scarcity mean?When more is required of an item, service, or resource than is available, there is a shortage. When an item, service, or resource is delivered in higher amounts than what is required, this is referred to as a surplus.
What generates a surplus?When the amount of a good or asset exceeds the amount that is actively consumed, a surplus is created. A company will have an excess of 600 unsold Christmas trees if it produces 1,000 trees but only receives orders for 400 of them.
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Vanessa bought a cell phone eighteen months ago and now it is not working. Under the following warranty, will the phone be repaired? UltraStar Limited WarrantyUltraStar warrants to the original retail purchaser that this UltraStar product will be free from defects in materials and workmanship under normal use for one year from the date of original purchase. Your dated sales receipt showing the date of purchase is your proof of the purchase date.The limited warranty does not apply to physical damage to the surface of the product, including breakage, cracks, or scratches on the LCD or outside casing. This limited warranty also does not extend to any product from which the serial number has been removed, or to any product that has been rendered defective by misuse. Accessory products, including those listed in the UltraStar catalog are not covered under this limited warranty
Answer:
No, the phone will not be repaired.
Explanation:
The warranty states that if your phone stops working within a year of the original purchase, it will be repaired, but Vanessa bought the phone 18 months ago, which is a year and a half.
So no, the phone will not be repaired under warranty.
Answer:
No
Explanation:
The warranty is for one year only from the date of purchase.
according to the penetration strategy, an entrepreneur tries to penetrate his or her firm's product or market further by _____.
According to the penetration strategy, an entrepreneur tries to penetrate his or her firm's product or market further by adjusting the price of the product. Penetration pricing strategy involves setting a lower price for the product than the competition to draw in consumers and acquire a larger market share.The goal of penetration pricing is to attract customers and gain market share quickly.
The product's price is deliberately set low, with the expectation that revenue will be generated by increased sales volume rather than by the price per unit.Market penetration pricing is a method of setting low prices to break into a new market or increase market share. It is most commonly used in situations where there is little or no competition, where the product is easily substitutable,
and where the cost of producing additional units is minimal. Additionally, the pricing strategy provides the company with information about consumers' willingness to pay for the product.The goal of market penetration pricing is to gain market share quickly by drawing in consumers who might otherwise be hesitant to try a new product or who might have been loyal to a competitor's brand in the past.
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A good's demand is given by: P = 434 - 2Q. At P = 150, the point price elasticity is: Enter as a value (ROUND TO TWO DECIMAL PLACES). Type your answer...
The point price elasticity of demand at P = 150 is approximately 1.06 (rounded to two decimal places).
To calculate the point price elasticity of demand, we will use the formula:
Price Elasticity of Demand (Ed) = (% change in quantity demanded) / (% change in price)
First, we need to find the quantity demanded (Q) when the price (P) is 150. Using the demand equation:
P = 434 - 2Q
150 = 434 - 2Q
Now, solve for Q:
2Q = 434 - 150
2Q = 284
Q = 142
Next, we need to find the derivative of the demand equation with respect to Q:
dP/dQ = -2
Now, we can plug in the values into the Price Elasticity of Demand formula:
Ed = (dQ/Q) / (dP/P)
Ed = (-2 / 142) / (-2 / 150)
Simplify the equation:
Ed = (1/71) / (1/75)
Now, find the value of Ed:
Ed = 75 / 71
Ed = 1.0563
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An analyst is building a DCF using the unlevered approach and calculates unlevered free cash flows of $100 in the first forecast year and net debt of $800 ($1,000 in gross debt, less $200 in cash). After checking her work, she realizes that she did not reflect the following information in her calculations: • The company is expected to report $20 in noncontrolling interest expense in the first forecast year. • There is a $300 noncontrolling interest balance on the balance sheet which she believes reflects the market value of the minority holdings Question: Which of the following is the most appropriate treatment of the noncontrolling interests?
a. To calculate enterprise value, reduce the base year free cash flows from $100 to $80. To arrive at equity value, the analyst should increase net debt from $800 to $1,100. b. To calculate enterprise value, leave the base year free cash flows unchanged at $100. To arrive at equity value the analyst should increase net debt from $800 to $1,100. c. To calculate enterprise value, reduce the base year free cash flows from $100 to $80. To arrive at equity value, the analyst should increase net debt from $800 to $1,100.
d. To calculate enterprise value, leave the base year free cash flows unchanged at $100. To arrive at equity value, the analyst should increase net debt from $800 to $1,100. e. To calculate enterprise value, leave the base year free cash flows unchanged at $100. To arrive at equity value, the analyst should leave net debt unchanged at $800. f. To calculate enterprise value, reduce the base year free cash flows from $109.40 $80. To arrive at equity value, the analyst should leave net debt unchanged at $800.
The correct answer is option (a): To calculate enterprise value, reduce the base year free cash flows from $100 to $80. To arrive at equity value, the analyst should increase net debt from $800 to $1,100.
Noncontrolling interest represents the portion of a company that is owned by minority shareholders, which means they do not have control over the company's operations. Noncontrolling interest expense is the cost of the minority shareholders' share of the company's earnings. Therefore, the $20 noncontrolling interest expense should be deducted from the unlevered free cash flows of $100 to arrive at a value of $80.To calculate enterprise value, net debt should be added to the present value of the unlevered free cash flows. The net debt balance of $800 should be increased by the $300 noncontrolling interest balance on the balance sheet to arrive at a new net debt balance of $1,100. Therefore, option (a) is the most appropriate treatment of the noncontrolling interests.
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What are 2 examples of transactions that do not affect the business?
Answer:Answer is True. For example, a sale of goods for cash. Cash (an asset) is increased while inventory (an asset) is decreased. Note that the transaction affects two account on the same side because both of cash and inventory are assets but the net effect leaves the equation in balance
Which discipline studies the decision-making process of customers, workers, households, and business firms on an individual basis rather than as aggregates?.
Microeconomics is discipline that studies the decision-making process of customers, workers, households, and business firms on an individual basis
What is microeconomics?
Microeconomics is a branch of economics and a study that deals with individual as a unit.
It deals with how an individual, a consumers or a business, organization or an agency make decisions and allocate their various resources.Therefore, microeconomics studies decision making on individual basis.
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QUESTIONS 4 66. - Neatness has great value Consider the following short run production function: Q=6L-0.4L (each a point) a. Find the value of L that maximizes output and maximum output b. Find the value of L that maximizes marginal product and maximum marginal product c. Find the value of L that maximizes average product and maximum average product Given a short run cost function as TC= 1/3Q¹-2Q²-6Q +100 a. Find the minimum value of AVC and MC (a point) A firm operates in a perfectly competitive market. The market price of its product is 4 birr and the total cost function is given by TC= 1/3Q - SQ+z0Q+50, where TC is the total cost and Q is the level of output. (each a point) a. What level of output should the firm produce to maximize its profit? b. Determine the level of profit at equilibrium. c. What minimum price is required by the firm to stay in the market Which Economic System is suit for Ethiopia? Discuss it? (4 point) Discuss the goals of macroeconomics and the measurement of economic performance of the country (6- the point) 6 6. What are problems and instruments of macroeconomics, Discuss it? (6-point)?
a. The value of L is 7.5 and the maximum output is 22.5.
b. The value of L is 7.5 and maximum marginal product is 0.
c. There is no value of L.
What is the value of L?a. To get value of L that maximizes output (Q), we need to differentiate the production function with respect to L:
\(Q = 6L - 0.4L^2\)
Taking derivative with respect to L:
dQ/dL = 6 - 0.8L
6 - 0.8L = 0
0.8L = 6
L = 6 / 0.8
L = 7.5
The value of L that maximizes output is 7.5 and maximum output (Q) will be:
\(Q = 6(7.5) - 0.4(7.5)^2\)
Q = 45 - 0.4(56.25)
Q = 45 - 22.5
Q = 22.5
To get value of L that maximizes marginal product (MP), we have to differentiate function:
MP = dQ/dL = 6 - 0.8L
Setting MP = 0:
6 - 0.8L = 0
0.8L = 6
L = 6 / 0.8
L = 7.5
The maximum marginal product is computed by substituting value into function:
MP = 6 - 0.8(7.5)
MP = 6 - 6
MP = 0
c. To find the value of L that maximizes average product (AP):
AP = Q / L = (6L - 0.4L^2) / L
Simplifying:
AP = 6 - 0.4L
Taking derivative:
dAP/dL = -0.4
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Terrell uses his debit card to buy $54 worth of groceries. Later he withdraws $25 from his checking account. What integer represents the total change in his account balance?.
The integer that represents the total change in Terrell’s account balance is $29.
What is integer?An integer is a whole number (not a fractional number) which can be positive, negative, or zero. Examples of integers are: -4, 2, 4, 7, 98, and 1,234. Examples of numbers which are not integers are: -3.14, 1 2/3, 3.21.
Integers come in three types, those are: Zero (0); Positive Integers (Natural numbers); and Negative Integers (Additive inverse of Natural Numbers).
The application of positive and negative numbers in the real world is different. While positive numbers are commonly used everywhere, the negative integers are used in bank credit and debit statements which can also have a negative value, that is, to represent the negative or positive values in transactions.
In this case, based on the given information,
$54 - $25 = $29
Hence, the integer is $29.
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according to the case study, what is the total settlement charge paid from the borrower's funds at settlement (rounded to the nearest whole dollar)?
The related contract price collected from the seller's money upon settlement (adjusted to the closest full dollar) is $12,755.
A settlement statement is a document that summarizes all fees and credits payable by the homebuyer and seller (or borrower if refinancing). The paperwork also provides the property's purchase price, loan amount, and other information. "A settlement statement tells the borrower how much money they need to bring to closing to buy or refinance the property, and it tells the seller how much money they will get from the transaction," says Jana Paterson, an attorney with Atlanta real estate law firm Cook & James. The mortgage lender, settlement agency, title firm, or real estate attorney can give the homebuyer and seller with the settlement statement.
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when an organization focuses on the obligations it has to consumers, employees, suppliers, and distributors it is accepting its
When an organization focuses on the obligations it has to consumers, employees, suppliers, and distributors it is accepting its responsibility in the marketplace.
This means that it must ensure maximum satisfaction for its customers and suppliers, who are customers as well. Businesses need to focus on how they can meet these needs while they also meet their own set of goals and objectives.
This is a key aspect for any business to consider when developing their values and character traits as a corporation.
An organization must adhere to all agreements that it enters into with the public, including contracts with other organizations or people such as suppliers and distributors.
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