Answer:
The correct answer is the option D: All costs are opportunity costs.
Explanation:
To begin with, the fact that Yvette is looking forward to reduce only one hour of her training on the bike in order to add one hour to her training on the pool and later her husband says that she should use all her hours for the training in the pool is showing a situation where her husband's advice does not illustrate a basic principle of individuals choices that is that all the costs are opportunity costs and therefore that if she decides to do that then she would be sacrifying the time for the other trainings and that would not benefit her. So that is why she must choose to sacrifice time in one training to do another and so on.
If the price increases and nothing else changes, would consumers end up spending more money on the good?
a) Yes, always
b) Yes, if demand is elastic
c) Yes, if demand is inelastic
d) Yes, if demand is unit-elastic
If the price increases and nothing else changes, consumers end up spending more money on the good if the demand for the good is inelastic (third option).
What is price elasticity of demand?The price elasticity of demand measures how the quantity demanded of a good changes when the price of the good changes.
When demand is inelastic, it means that when the price of a good changes, the quantity demanded changes little. So, when price increases, consumers would spend more on the good. Goods that have an inelastic demand are usually necessities. he coefficient of elasticity is less than one
When demand is elastic, it means that when price changes, the quantity demanded changes more than the price of the good. So, when price increases, consumers would spend less than on the good. The coefficient of elasticity is greater than 1.
When demand is unit-elastic, it means that the change in price leads to an equal change in the quantity demanded. This means that a 1% change in the price leads to a 1% change in the quantity demanded. he coefficient of elasticity is equal to one.
To learn more about price elasticity of demand, please check: https://brainly.com/question/18850846
#SPJ1
"Put the five project management process groupsin order from the one that generally requires theleast work to the one that requires the most."
The deans' suite hoped to cut costs and decided to perform a total cost analysis on its vodka supplier. Consumption was currently 6,000 bottles per semester and this was predicted to maintain that level for the next few years. Their current source, Byron's, charged $9.50 per bottle and packed 288 bottles in a crate. The cost to ship the crate was $15. Another potential source of vodkas was Pancho's, who charged $9.00 per bottle but could ship only 100 bottles in a crate and at a higher price, $20. Assume that a partial crate may be purchased. What is the total annual cost to supply vodka from their current supplier
Answer:
$55,200
Explanation:
Consumption = 6000 bottles
Cost per bottle = $9
Consumption Cost = 6000*$9 = $54,000
No of crates = 6000/100 = 60 crates
Cost pet crate = $20
Crate cost = $1,200
Total annual cost = Consumption Cost + Crate cost
Total annual cost = $54,000 + $1,200
Total annual cost = $55,200
So, the total annual cost to supply vodka from their current supplier is $55,200
The total annual cost to supply vodka from their current supplier is $55,200.
Total annual costConsumption Cost:
Consumption Cost = 6000×$9
Consumption Cost = $54,000
Number of crates:
Number of crates = 6000/100
Number of crates= 60 crates
Total annual cost:
Total annual cost=$54,000+(60×$20)
Total annual cost = $54,000 + $1,200
Total annual cost = $55,200
Inconclusion the total annual cost to supply vodka from their current supplier is $55,200.
Learn more about total annual cost here:https://brainly.com/question/25799822
One of the assumptions underlying the production possibilities curve (or
production possibilities frontier) for any given economy is that
A. all societies will choose to operate at a point inside the curve
B. there is full employment of resources when the economy is on the
curve
C. goods can be produced outside the curve.
D. there is an unlimited supply of resources.
E the state of technology changes
Resources are fully utilized when the economy is on the production possibility curve. Therefore, option B is correct.
What is the Production possibility curve?The production possibilities curve displays different production volume combinations for two items utilizing fixed resources. The idea is that if the production of one commodity rises, the output of the other will fall.
The essential assumptions of the production possibility curve are: Resources are provided and don't change. The technology employed in the manufacturing process doesn't change. The resources are effectively and completely used.
The Production possibility curve is useful for demonstrating the ideas of scarcity, opportunity cost, efficiency, and economic development and contraction.
Learn more about the Production possibility curve here:
https://brainly.com/question/14183466
#SPJ2
Bond prices and yields Assume that the Financial Management Corporation's $ 1,000 -par-value bond has a 5.600% coupon, matures on May 15, 2027, has a current price quote of 95.873 and a yield to maturity (YTM) of 6.417 % . Given this information, answer the following questions: a. What was the dollar price of the bond? b. What is the bond's current yield? c. Is the bond selling at par, at a discount, or at a premium? Why? d. Compare the bond's current yield calculated in part b to its YTM and explain why they differ.
Bond's price = $958.73
Current Yield = 5.841%
a. The bond's price can be calculated by multiplying its current price quote by its par value:
Price = 95.873% * $1,000
Bond's price = $958.73
b. A bond's current yield is calculated by dividing its annual coupon by its current price. If the bond has an annual coupon of 5.600%,
then
5.600% * $1,000 = $56.00
and
a price of $958.73,
the current yield is as follows:
Current Yield = \(\frac{56.00}{958.73}\)
= 0.05841
Current Yield = 5.841%
c. The bond is selling at a discount because its price is less than its par value. When the coupon rate on a bond is lower than the yield to maturity, the bond sells at a discount. In this case, the bond offers a lower interest rate than other bonds in the market, so its price falls in order to attract investors.
d. The bond's current yield is 5.841%, and its yield to maturity is 6.417%. They differ in that each focuses on a different aspect and is calculated in a different manner. The current yield on a bond represents the return that a bondholder receives after holding the bond for one year. The yield to maturity, on the other hand, is the rate of return that an investor receives if he or she holds the bond until its maturity date. Current yield calculation does not take into account the par value of the bond received at maturity, whereas yield to maturity calculation does.
Bond's price = $958.73
Current Yield = 5.841%
To learn more about bond, refer:
https://brainly.com/question/17009328
#SPJ1
The accounting treatment of owner-occupied properties and that of investment properties is prescribed by IAS 16: Property, Plant and Equipment and IAS 40: Investment Property respectively.
Required:
Define property, plant and equipment under IAS 16 and explain why its accounting treatment is different from that of investment property.
Explain how the treatment of owner-occupied property carried under the revaluation model differs from an investment property carried under the fair value model.
A property, plant, or piece of equipment must be depreciated separately for each component that has a cost that is significant relative to the total cost of the item.
How is property, plant, and equipment measured?Property, plant, and equipment are initially valued at their cost, then revalued or measured using a cost model. Finally, they are depreciated so that the depreciable amount is distributed systematically over the course of their useful lives.
Property, plant, and equipment are tangible items that are held for use in the manufacture or provision of goods or services, for rental to third parties, or for administrative needs, and that is anticipated to be used over a prolonged period of time.
Learn more about property, plant and equipment here:
https://brainly.com/question/17327177
#SPJ1
Employee earnings records for Slaymaker Company reveal these gross earnings for four employees through the pay period of December 15.
J. Seligman $93,500 L. Marshall $115,100
R. Eby $113,600 T. Olson $140,000
For the pay period ending December 31, each employee’s gross earnings is $4,500. The FICA tax rate is 7.65% on gross earnings of $132,900.
Instructions
Compute the FICA withholdings that should be made for each employee for the December 31 pay period. (Show computations.)
Prepare payroll register and record payroll and payroll tax expense.
Based on the information, it can be inferred that Olson must pay $11,054.25 as FICA Tax.
How to calculate the FICA withholding of each employee?To calculate the FICA withholding of each employee it is necessary to add the $4,500 earned by the employees in the pay period of December 31:
$93,500 + $4,500 = $98,000$113,600 + $4,500 = $118,100$115,100 + $4,500 = $119,600$140,000 + $4,500 = $144,500Next, we need to calculate 7.65% of values over $132,900, meaning only Olson's income tax would apply.
To calculate 7.65% of Olson's gross profits it is calculated as shown below.
$144,500 ÷ 100 = $1,445$1,445 × 7.65% = $11,054.25Based on the above, the tax Olson must pay is $11,054.25
Learn more about taxes in: https://brainly.com/question/16423331
#SPJ1
With SMART goals, what does the “T” stand for?
a
Training
b
Time bound
c
Task
d
Teaching
Answer:
time bond
Explanation:
time frame given to achieve that goal
5. Would most standard bank accounts work for Janet based on her banking needs? Why or why not?
Answer:
A lot of information is missing, so I looked for it:
Before meeting, Ana asked Janet to create a list of how she intended to use her account. Janet’s list included:
She had started to take on assorted jobs including babysitting and tutoring and wanted a place to “park her cash.” She wants to start saving for college and thinks that having a bank account will keep her from spending all the money that she earns (which she currently does). She wants to be able to access her money when she needs it. She generally is averse to carrying lots of cash around and envisions that she will be using her debit card at her favorite stores and also may need to take out cash from an ATM when she goes out to eat with her friends. She needs to track her account balances on her mobile phone. She likes to know where she stands at all times when it comes to her financial situation.Janet's first need, to have somewhere to park her cash, should be easily satisfied by most checking and savings accounts.
A savings account would be better to keep Janet from spending too much of her cash (second need).
If Janet wants to use frequently use a debit card (third need), then she will probably need a checking account.
Both checking and savings accounts satisfy the fourth need (online banking).
Personally, I believe a checking account will suit Janet.
The question then offers 3 different options for checking accounts, and if I were Janet, I would choose the online bank. It includes $0 fees, low monthly balance, and free ATM withdrawals (ATMs from other banks).
Answer:
Are any of the three options a bad choice for Janet? Explain your answer.
Explanation: Do online banks have ATMs? If so, where are they located? Do I have to pay a fee each time? That ATM access. A good online bank will be part of an ATM network, like Allpoint or MoneyPass, with thousands of fee-free machines nationwide. If you need to withdraw cash from a non-network machine, some online banks will also reimburse any fees the ATM owner charges. Security.
That How can you prevent the need for it? Overdraft protection means that if you do not have enough money in your account to meet the banks required amount, then your bank will cover it. You can prevent it by keeping track of your checking account balance.
According to the infographic in the module, the highest number or customers using payday loans got about how many loans per year?
Payday loans are quick personal loans that you might take out to cover unforeseen costs. Although some lenders provide loans up to $35,000 or higher, most customers obtain sums between $500 and $5,000.
With a payday loan, a lender will issue high-interest credit depending on your income for a brief period of time. Usually, a portion of your next paycheck serves as its principal. Payday loans have high interest rates since they are used for short-term, urgent credit.
Additionally, they are known as check advance loans or cash advance loans. Payday loans are readily available to customers and have exceptionally high interest rates. When applying for a payday loan, you often need to present a pay stub because payday loans are primarily dependent on your income.
Learn more about Payday loans here:
https://brainly.com/question/30798374
#SPJ1
an increase In long run aggregate supply can be expected to _______ the price level and ______ the natural rate of unemployment.
Answer:
fall is the answer for both blanks
Angle Company started business on January 1. During the year, the company purchased merchandise with an invoice price of $500,000. Angle also paid $20,000 freight on the merchandise. During the year, Angle also returned $80,000 of the merchandise to its suppliers. All purchases were paid for in a timely manner, and a $10,000 cash discount was taken. $418,000 of the merchandise was sold for $627,000. What is the December 31 balance in the Inventory account
Answer:
$12,000
Explanation:
Given the above information, the ending balance in inventory account is computed as seen below
= Merchandise purchased - merchandise withdrawn - Merchandise returned to suppliers + Cash discount taken
= $500,000 - $418,000 - $80,000 + $10,000
= $12,000
Therefore, the balance on the inventory account as at December 31 is $12,000
the following balance where extracted from the book of Alfsal, a sole trader as at 31/12/2014 capital 198000 ,drawing 10700, building 300000, office equipment (cost le 22000) 15000, patent 24000, delivery van at cost63000, Accumulated depreciation delivery vans 14000, stock 01/01/2014 29000, sale485,000, purchase 196000, return outward 5300, return inward 17000, creditor 21900, debtor 34800, discount received 1400, wages and salaries 105,000, general expenses 13000,stationary 4800, tem loan(received on 01/04/2014) 50,000. vat 17300. provision for bad debts 2500. Advertising 5700. insurance 9,000. loan interest paid 1,000. bank42,600. PRSI/USU 10,200. profit and loss balance 01/01/2014 65,000. you are given the following aditional information: stock for resale at 31/12/2014 was le 19,000. stationary paid in advance was le 1,200. provision should be made for interest due on loan. the rate of interest is 6%per annum. wages and salaries are to be divided 75%for employees and drawings. building 10% of cost. delivery van 10% of net book value. office equipment 20% of cost. provision for bad debts is to be adjusted to 10% of debtors . you are required to prepare a trading and profit and loss account for the year ended 31/ 12/2014. balance sheet as at 31/12/2014.
Here is the trading and profit and loss account for the year ended 31/12/2014:
The Trading and Profit and Loss AccountFor the year ended 31/12/2014
Particulars Amount
Sales €485,000
Less: Cost of Goods Sold €196,000
Gross Profit €289,000
Less: Expenses
- Wages and Salaries (75%) €78,750
- General Expenses €13,000
- Stationary €4,800
- VAT €17,300
- Provision for Bad Debts €3,480
- Advertising €5,700
- Insurance €9,000
- Loan Interest €600
- PRSI/USU €10,200
Net Profit €157,370
Here is the balance sheet as at 31/12/2014:
Balance Sheet
As at 31/12/2014
Assets Liabilities
Cash €42,600
Bank €1,200
Debtors €34,800
Stock €19,000
Capital €213,570
Drawings €10,700
Building €300,000
Office Equipment €15,000
Patent €24,000
Delivery Vans €49,000
Accumulated Depreciation €28,000
Provision for Bad Debts €3,730
Loan €50,000
Profit and Loss €157,370
Total €618,570
Total €618,570
Read more about balance sheet here:
https://brainly.com/question/1113933
#SPJ1
1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.
1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.
This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.
In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
For more such questions on opportunity costs
https://brainly.com/question/30191275
#SPJ8
Reese's Resources faces a smooth annual demand for cash of $15 million, incurs transaction costs of $125 every time they sell marketable securities, and can earn 4.5 percent on their marketable securities. What will be their optimal cash replenishment level?
The optimal cash replenishment level is $1.5 million.
Reese's Resources faces a smooth annual demand for cash of $15 million, incurs transaction costs of $125 every time they sell marketable securities, and can earn 4.5 percent on their marketable securities.
Optimal cash replenishment level:To find the optimal cash replenishment level, we can use the Miller-Orr model.
Miller-Orr model is used to determine the optimal cash balance of a company to minimize the cost associated with holding or having a shortage of cash.
It is designed to help companies determine when they should transfer cash in and out of their account to keep the account balance close to a specified target.
The Miller-Orr model considers two costs: the opportunity cost of holding cash and the transaction cost of transferring money from one account to another.
Lower limit = 3 × T × σ / 4 × C = 3 × 10 × 0.5 / 4 × 125 = $0.75 millionUpper limit = 3 × Lower Limit = 3 × 0.75 = $2.25 millionThe optimal cash balance is the average of the upper limit and the lower limit, which is ($0.75 million + $2.25 million) / 2 = $1.5 million.
The company should try to keep their cash balance around $1.5 million to minimize the cost associated with holding or having a shortage of cash.
For more such questions on cash replenishment
https://brainly.com/question/32254205
#SPJ8
The process of allocating funds to projects and investments includes the following:
A. Analysis
B. Selection
C. Monitoring
D. Evaluating performance
Analyze or explain any three of the above.
The process of allocating funds to projects and investments involves several important steps, including analysis, selection, and monitoring. By following these steps, organizations can make informed decisions about where to invest their resources and ensure that their investments are delivering the expected returns.
The process of allocating funds to projects and investments involves several important steps, including analysis, selection, monitoring, and evaluating performance. Here are explanations of three of these steps:
Analysis: This step involves gathering and analyzing information about potential projects and investments to determine whether they are financially viable and aligned with the organization's goals and objectives. This includes conducting market research, analyzing financial statements and projections, assessing risks, and identifying potential barriers to success. The analysis phase helps decision-makers to make informed choices about which projects and investments to pursue.
Selection: Once potential projects and investments have been analyzed, the next step is to select the most promising ones. This involves using the information gathered during the analysis phase to compare options and choose the projects and investments that are most likely to provide the greatest returns on investment. The selection process may involve developing criteria for evaluating potential options, ranking them based on their financial potential, and weighing the costs and benefits of each option.
Monitoring: Once projects and investments have been selected and funded, it is important to monitor their progress and performance over time. This involves regularly reviewing financial and operational data to identify any potential issues or risks, and taking action to address them. Monitoring can help decision-makers to stay informed about the status of their investments, identify opportunities for improvement, and make adjustments to their funding strategies as needed.
for more question on investment visit:
https://brainly.com/question/29547577
#SPJ11
Think about the different components of GDP and how they change with the business cycle. Which component of consumption fluctuates the most
Answer:
durable goods
Explanation:
The three components of consumption are
durable goods, e.g. cars, refrigerators, furniture, etc.non-durable goods, e.g. food, fuel, clothing, etc.services, e.g. utilities, phone bills, insurance, etc.Durable goods vary the most due to economic fluctuations, e.g. during recessions, many households will try to sell their used cars, while sales of new cars plummet.
1.Why is knowledge of consumer behavior important to the marketer?
The knowledge of consumer behavior is extremely important to the marketer in order to provide the customers with best possible products and earning profit for himself sideways.
CONSUMER BEHAVIOR is the study of consumers and the processes they use to select the product. It particularly deals with the psychological of the customer i.e., What the think? What they want? What are the trends they are interested in? At what price do they feel comfortable? And so on.
When the marketer understands the mental state of the consumer then he/she becomes fit to earn and compete with his fellow marketers. This enables him to provide the customers with the products of their choice at reasonable prices. This is how he sustains in market and earns profit.
Example: a marketer understands that customers are attracted by discounts. So he would increase the actual cost of product and increase the discount price. The selling price is not changed but since the customer thinks he is getting more discount, he is attracted.
Consumer Behavior is of great significance to marketers because it helps them to survive in the industry. It helps them to analyze business trends and helps to keep up with their competitors. It also helps to retain their customers.
Consumer buying behavior refers to the analysis of consumers' actions when selecting whether to get a good that meets their needs. it's an investigation into how customers behave and what motivates them to purchase and use particular goods.
The study of consumer purchasing behavior is crucial for marketers because it helps them comprehend what customers anticipate from them. Understanding what prompts a consumer to get a product is useful.
The importance of consumer behavior to marketers is discussed below:
Consumer diversification: It's a technique used in marketing to set one consumer apart from a group of related consumers. This aids in creating a target market of consumers who exhibit the same or comparable behavior.Customer Retention: Consumer behavior is incredibly crucial for both attracting new consumers and keeping hold of current ones. A satisfied customer is more likely to form the same purchase in the future. Therefore, it's important to sell the product in a way that encourages repeat purchases from customers.Forecasting Demand Patterns: By doing a consumer behavior analysis, a business can avoid spending plenty of money and energy on creating a product that won't be popular with customers.Competitiveness: Understanding and handling the competition are made easier by studying consumer behavior. Your brand may have a competitive edge supported consumer expectations.Develop Unique New Technologies: Businesses continually exerting to increase the likelihood that their novel ideas or new products will succeed. Amongst the foremost crucial methods is to carry out a thorough and careful study of consumer behavior.Learn more about consumer behavior : https://brainly.com/question/9566137
Question 9 OTTU
Which of the following is not affected by a person's credit score?
A. Credit card rates
B. Federal income tax
C. Apartment rent
D. Ability to get a cell phone contract
Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an average of 2.9 customers arrive each hour. One design consultant is available to answer customer questions and make product recommendations. The consultant averages 10 minutes with each customer.
A. Compute the operating characteristics of the customer waiting line, assuming Poisson arrivals and exponential service times. If required, round your answers to four decimal places.
Lq =
L =
Wq = hours
W = hours
Pw =
B. Service goals dictate that an arriving customer should not wait for service more than an average of 6 minutes. Is this goal being met? If not, what action do you recommend? Yes or No
C. If the consultant can reduce the average time spent per customer to 8 minutes, what is the mean service rate? If required, round your answer to one decimal place.
------ customer per hour
Will the service goal be met? Yes or No
A. Operating characteristics:
Lq ≈ 0.5017, L ≈ 0.9377, Wq ≈ 0.1730 hours, W ≈ 0.5063 hours, Pw ≈ 0.4833
B. Service goal: Not met. Action recommended.
C. Mean service rate: 7.5 customers/hour.
If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes).
A. To compute the operating characteristics of the customer waiting line:
Arrival rate (λ) = 2.9 customers/hour
Service rate (μ) = 60 minutes / 10 minutes per customer = 6 customers/hour
Average number of customers in the queue (Lq):
Lq = (λ^2) / (μ * (μ - λ)) ≈ 0.5017
Average number of customers in the system (L):
L = λ / (μ - λ) ≈ 0.9377
Average waiting time in the queue (Wq):
Wq = Lq / λ ≈ 0.1730 hours (approximately 10.38 minutes)
Average waiting time in the system (W):
W = Wq + (1 / μ) ≈ 0.5063 hours (approximately 30.38 minutes)
Probability of a customer waiting in the queue (Pw):
Pw = λ / μ ≈ 0.4833
B. The service goal is that an arriving customer should not wait for service more than an average of 6 minutes. However, the average waiting time in the system (W) is approximately 30.38 minutes, exceeding the goal. Therefore, the service goal is not being met.
Action recommendation: To meet the service goal, I would recommend taking the following actions:
Increase staffing: Hire additional design consultants to handle customer questions and product recommendations.
Improve efficiency: Streamline processes and provide training to the consultant to reduce the time spent with each customer.
Appointment scheduling: Implement a system for customers to schedule appointments, ensuring dedicated time slots for each customer and minimizing waiting times.
Self-service options: Provide self-service resources or online tools where customers can access basic information and make preliminary decisions, reducing the need for extensive consultations.
C. If the consultant can reduce the average time spent per customer to 8 minutes, the mean service rate can be calculated as follows:
Mean service rate (μ) = 60 minutes / 8 minutes per customer ≈ 7.5 customers/hour
Will the service goal be met? Yes
If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes). This is less than the service goal of 6 minutes, so the goal will be met.
For more such questions on Service goal visit:
https://brainly.com/question/24553900
#SPJ8
according to a ____, the party who opens the box automatically accepts the terms by keeping the goods.
According to a contract of adhesion, the party who opens the box automatically accepts the terms by keeping the goods.
How can it be explained in detail?This type of agreement is made when one party, usually a bigger and more powerful entity like a corporation, presents the other party with a predetermined set of terms while the other party has little to no power to negotiate the terms. The consumer is considered to have accepted the terms by opening the box or using the product, which are frequently included in a document like a software licence or a product warranty. This kind of agreement is frequently criticised for being unfair to consumers and one-sided.
To learn more about adhesion visit here:
https://brainly.com/question/29061431
#SPJ1
According to a contract of adhesion, the party who opens the box automatically accepts the terms by keeping the goods.
What is an adhesion contract?
A contract of adhesion, also known as an adhesion contract, is one in which the parties have such disproportionate bargaining power that the party with less power could not have negotiated for changes to the contract's terms.
What distinguishes a contract of adhesion?An adhesion contract is one in which one party has significantly more control over the contract's terms than the other. The offeror must provide a customer with standard terms and conditions that are identical to those offered to other customers in order to establish a contract of adhesion.
Learn more about contract of adhesion:
brainly.com/question/30616394
#SPJ1
Why is accounting called the language of business?
because it serves as the mode of communication that is used to pass on information in the business world.
You're welcome :)
Answer:
Accounting is essentially the language that communicates the firm's financial information to its shareholders.
➲ Hope this helps!
Which two of the following statements are true about Attribution reports?
Select All Correct Responses
A. App conversions and store visits are included in Attribution reports
B. App conversions and store visits are not included in Attribution reports
C. Attribution reports can help you estimate how changes to your attribution model might impact conversion reporting
D. Attribution reports can help you evaluate and optimize performance after you’ve changed your attribution model
B. App conversions and store visits are not included in Attribution reports of the following statements are true about Attribution reports.
What is revealed by an attribution report?The paths customers follow to complete conversions are displayed in attribution reports, which also offer insights into how your various advertising campaigns interact to produce conversions. You may check, for instance, whether some keywords helped with conversions that subsequently came about as a result of other keywords.
Store visits and app conversions are excluded from Attribution reports. You can make an educated guess about how adjustments to your attribution model would affect conversion reporting using attribution reports. After changing your attribution model, attribution reports can aid in performance evaluation and optimization.
To know more about Attribution reports, refer to:
https://brainly.com/question/29949346
#SPJ1
Read the following scenario and determine if the situation requires a direct or indirect message.You have just been offered a promotion that your friend and coworker, Sharon, has been hoping for. Sharon knows that you had a scheduled meeting with your boss today and sends you an e-mail asking how your meeting went. You know Sharon will be upset when she hears the news of your promotion; however, she is a good friend, and you need to be honest and tell her in your response e-mail.
Answer: Indirect message
Explanation:
The indirect message should be used in this case. We should note that this is typically used when one wants to pass a bad or sensitive news across to someone. In an indirect strategy, we should note that the main reason for the communication is usually after an explanation had been done first.
Therefore, in this case the indirect message should be used in communicating with Sarah. The message may hurt Sarah therefore it should be communicated in an indirect manner.
Goods or services are limited after a natural disaster or during times of war. Which economy can be described as the best type to serve its citizens when taking scarcity into account?
Suppose a major oil company goes bankrupt. Its employees are laid off, and many of the vendors that it has contracts with are in financial trouble. On a single graph, show the following:
• The long-term equilibrium at which the economy begins.
• What happens after the oil company goes bankrupt? Label the new short-term equilib-
rium point. Are prices and quantities higher or lower? 1
• How does short-run aggregate supply respond? Assume this is the final response and with this response, we move to a long-term equilibrium. Label this long-term equilibrium point. Are prices and quantities higher or lower?
bankruptcy would likely have a negative impact on the overall economy, leading to a short-term decrease in aggregate demand
Oil CompanyThe oil company's bankruptcy would probably have a negative effect on the economy as a whole, resulting in a short-term decline in aggregate demand, assuming that it is a large player in the economy. On the graph, a movement to the left in the AD (aggregate demand) curve could be used to illustrate this.A shift along the short-run AS (aggregate supply) curve would show the short-term decline in prices and quantities as a result of the decline in demand. A new short-term equilibrium point with lower costs and quantities would result from this.Several suppliers, including those with contracts with the oil company, may go out of business or have to slash their prices as a result of the decreased demand.
To know more about Oil, click on the link :
https://brainly.com/question/30830322
#SPJ1
Chou Co. has a net income of $57,000, assets at the beginning of the year are $264,000 and assets at the end of the year are $314,000. Compute its return on assets.
Answer:
18.15 %
Explanation:
Return on Assets = net income / total assets x 100
Note : we use the asset value as at balance sheet date (end of period)
therefore,
Return on Assets = $57,000 / $314,000 x 100
= 18.15 %
Accrued revenues: Multiple Choice At the end of one accounting period result in cash receipts in a future period. At the end of one accounting period often result in cash payments in the next period. Are also called unearned revenues. Are listed on the balance sheet as liabilities. Are recorded at the end of an accounting period because cash has already been received for revenues earned.
Answer:
At the end of one accounting period result in cash receipts in a future period.
Explanation:
Accrued revenues is money owed by customers for goods bought or services purchased.
Accrued revenue is recorded as an asset on the balance sheet as receivables.
For example, if a customer buys a dress and is yet to pay for the dress. the amount the customer is supposed to pay is recorded as an accrued revenue at the end of the accounting period
Unearned revenue is money received by a company for services that are yet to be rendered.
A US based MNC is considering establishing a three-year project in Canada with a US$60 million initial investment. The required rate of return on this project is 15%. The firm is projected to generate operating cash flows of C$20 million in Years 1 and 2, and C$50 million in Year 3, and is expected to have a salvage value of C$30million.
The MNC must pay a 25% tax on remitted funds, and the stable exchange rate is C$1.02 per US$ over the next two years and a rate of C$1.025 per US$ in year 3.
All cash flows are remitted to the parent and there is no tax on salvage.
Required:
i) Calculate the after-tax operating cash flows that will be remitted to the parent
company each year.
ii) Calculate the Net Present Value of the project.
iii) Explain whether or not the MNC should accept the project?
iv) Flagstaff Corp. is a U.S.-based firm with a subsidiary in Mexico. It plans to reinvest its earnings in Mexican government securities for the next 10 years since the interest rate earned on these securities is so high. Then, after 10 years, it will remit all accu- mulated earnings to the United States. What is a drawback of using this ap- proach? (Assume the securities have no default or interest rate risk.).
A friend has been awarded a settlement in a law suit that specifies he be paid $30,000 at the start of each quarter for the next 6 years. Additionally at the end of year 6 he will receive a one-time payment of $500,000.00. He wishes to renegotiate this settlement to a single lump sum payment due today. If we assume that your friend can earn 8% per annum compounded quarterly on sums invested, what is the minimum amount that he should accept in the renegotiated settlement?
Based on the amount that your friend will be paid every quarter and the amount he will receive at the end of 6 years, the minimum amount he should take is $889,616.
What amount is the minimum your friend should accept?The amount your friend will receive is constant so this is an annuity. It is an annuity due because it comes at the start of the period.
The minimum amount your friend should take is:
= Present value of annuity due + Present value of end of 6 year payment
The period is: The rate is:
= 6 years x 4 quarters = 8% / 4 quarters
= 24 quarters = 2% per quarter
The minimum amount is:
= (Annuity x Present value of Annuity Due interest factor, 2%, 24 periods) + (500,000 x Present value factor, 2%, 24 periods)
= (30,000 x 19.2922) + (500,000 x 0.6217)
= $889,616
Find out more on annuity due at https://brainly.com/question/24245699.
#SPJ1