The existing demand and supply for maize would most certainly change as a result of an increase inside the anticipated price of corn, increasing both the supply and demand.
What of the above would boost the corn supply?Wheat & corn are goods that can be substituted in supply. Hence, as the price of wheat falls, wheat growers will switch from producing wheat to producing corn, increasing the supply of corn. Due to rising exports and robust domestic demand for both ethanol and animal feed, corn prices have risen, encouraging farmers to expand corn acreage. Many times, farmers have boosted the amount of maize grown by removing acres from less lucrative crops.
To know more about demand and supply visit:
https://brainly.com/question/13353440
#SPJ1
with respect to change leadership, which of the following implies initiation of change from senior management? group of answer choices organic change top-down change bottom-up change incremental change frame-bending change
Top-down change implies initiation of change from senior management with respect to change leadership.
What's Top-down changeTop-down change, in the context of change leadership, is a type of change in which changes are initiated by senior management, executives, or higher-level authorities. The change takes place as an authority gives directives or instructions to the subordinates. The changes follow a rigid structure where orders and commands are passed down from higher to lower-level employees.
Top-down change is one of the five types of change in change leadership, the other four being bottom-up change, organic change, frame-bending change, and incremental change. It is used when there is a need for immediate and large-scale change, such as during a crisis situation, a shift in business strategy, or a merger or acquisition.
In a top-down change, leaders communicate the desired change and motivate the employees to accept and embrace it. They provide a clear and comprehensive plan of action and delegate responsibilities to the subordinates to implement the change. The employees, in turn, are expected to follow the directives of the leaders and contribute to the change process.
Learn more about senior management at
https://brainly.com/question/30020192
#SPJ11
cycle counting part 2 a. increases annual inventory adjustments. b. is a process by which inventory records are verified. c. involves shutting down production once per year to perform the annual inventory count. d. cannot be performed in an independent demand situation.
The right response is (b), "Inventory records are validated by a technique called cycle counting." Cycle counting, as opposed to doing a single annual inventory count, is a technique used to confirm the correctness of inventory records by often counting smaller subsets of inventory items throughout the year
Instead of performing a single, annual inventory count, cycle counting is an inventory management strategy that involves regularly counting a small selection of goods to check inventory data. In order to increase accuracy and decrease the need for significant annual modifications, the procedure seeks to find and correct anomalies in inventory records. Businesses can optimise their inventory management procedures to avoid stockouts, overstocking, and associated costs by verifying inventory records using cycle counting. This will allow them to make sure that their inventory levels are always accurate. Cycle counting can also assist firms in identifying any operational problems that may be affecting the accuracy of their inventory, such as errors in the receiving, shipping, or stocking procedures.
Learn more about cycle counting here:
https://brainly.com/question/13755618
#SPJ4
he petit chef co. has 11.3 percent coupon bonds on the market with eight years left to maturity. the bonds make annual payments and have a par value of $1,000. if the bonds currently sell for $1,127.30, what is the ytm? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
The YTM for the Petit Chef Co. bonds is 5.47%.
To calculate the YTM, use the formula:
YTM = [C × (1 + YTM/m)m] / [(PV + C)/2]
− PV / m
Where C = Coupon Payment, m = Number of Payments per Year, and PV = Present Value of the Bond.
In this case, C = 11.3%, m = 1 (annual payments), and PV = $1,127.30. Plugging these into the formula, we get YTM = 5.47%.
To calculate the YTM of a bond, you need to use the YTM formula, which is: YTM = [C × (1 + YTM/m)m] / [(PV + C)/2] - PV / m. This formula requires the bond's Coupon Payment (C), the number of Payments per Year (m), and the Present Value of the Bond (PV).
In this case, C = 11.3%, m = 1 (annual payments), and PV = $1,127.30. When these values are plugged into the formula, the resulting YTM is 5.47%.
To know more about Present Value click on below link:
https://brainly.com/question/17322936#
#SPJ11
which statement is true of extranets? a. they increase internetworking costs for companies, which subsequently leads to increased losses. b. they help organizations move from a calendar-based document-publishing strategy to one that is based on events. c. they are a type of public network that can be accessed without any specific rights. d. they facilitate information exchange among business partners.
The statement that is true of extranets is that they facilitate information exchange among business partners. Option D is the correct answer.
An extranet is a network that is designed to facilitate communication between a business and its partners, customers, and suppliers. An extranet is a network that is open to certain external users but closed to the general public.
An extranet is a private network that uses internet technology to enable authorized people or organizations to access the intranet of another organization. The primary goal of an extranet is to allow business partners, suppliers, and customers to work together more effectively by sharing documents, data, and applications while maintaining security, privacy, and control.
Extranets are used to facilitate communication and collaboration among business partners, suppliers, and customers. They provide a secure, private network that enables authorized users to access the resources and information they need to work together more effectively. Thus, option D is the right answer.
Learn more about communication:
https://brainly.com/question/25793182
#SPJ11
What is taxes on imported goods that minimize the price advantage they have over domestic goods called?
The taxes on imported goods that minimize the price advantage they have over domestic goods is called tarrif or custom duty.
In order to limit imports, tariffs are used. To put it simply, they raise the price of goods and services bought from another country, making them less alluring to domestic consumers. Tariffs are one tool used by governments to interact with trading partners with whom they do not agree. A tariff is a tax that one country imposes on the imports of goods and services from another country in an effort to sway it, generate revenue, or safeguard competitive advantages.
Visit here to learn more about tarrif: https://brainly.com/question/29096827
#SPJ4
maintaining close coordination of value chain functions such as engineering, manufacturing, and marketing throughout a product development is best achieved through using
The ideal strategy to ensure close coordination of value chain functions like engineering, production, and marketing throughout a product development process is to form cross-functional teams with members from several functional areas.
What steps should be taken to manage the corporate value chain effectively?The marketing department should put more emphasis on customer needs than product types in order to manage the company's value chain successfully.
Is the process of creating an action plan one that a company can use to accomplish its objectives?What exactly is a strategic plan. The process of identifying an organization's direction and long-term goals, developing precise plans to attain those goals, putting those plans into action, and then assessing the results is known as strategic planning.
To know more about production visit:-
https://brainly.com/question/30100705
#SPJ1
velocity, inc., a non-u.s. corporation, earned $500,000 u.s.-source income from royalties that it collected and $400,000 interest from its investment in u.s. treasury bonds. compute velocity's u.s. income tax on these amounts.
Velocity's u.s. income tax on these amounts is $139380.
How to calculate the taxIncome tax is a tax levied by the government on the income earned by individuals, corporations, and other legal entities. The tax is calculated based on the income earned during a specific period, which is usually a year, and is collected by the government to fund public services and programs.
The amount of income tax a person or entity pays depends on several factors, such as their income level, deductions and credits they are eligible for, and the tax laws in their country.
The tax will be:
Income from rotality $464000
Less interest income from Us treasury bond $236500
Income tax at 30% = $ 139380
Learn more about tax on
https://brainly.com/question/30157668
#SPJ1
in which of the following situations would jamal, a manager at rite co., be protected by the sarbanes-oxley act? multiple choice jamal finds out that the nighttime janitorial staff is being paid less than minimum wage, and he reports it to the dol. jamal learns about improper accounting at rite co., and he reports it to the irs. jamal is passed over for promotion because he is black, and he reports this to the eeoc.
Option (b), When Jamal discovers of fraudulent accounting at Rite Co., he informs the IRS so that he may benefit from the Sarbanes-Oxley Act's protections.
What kind of government reaction does the Sarbanes-Oxley Act of 2002 represent?The Sarbanes-Oxley (SOX) Act of 2002 was enacted in response to well publicized corporate financial scandals earlier in that decade. The law imposed stronger recordkeeping requirements as well as additional limitations on accountants, auditors, and business executives.
What obligations does the Sarbanes-Oxley Act of 2002 place on the audit committee?The Sarbanes-Oxley Act of 2002 requires that audit committees be kept directly accountable for the oversight of the engagement of the company's independent auditor, as well as the Securities and Exchange Commission (the Commission) regulations are intended to guarantee that auditors are independent of their audit clients.
Learn more about Sarbanes-Oxley Act's protections: https://brainly.com/question/14339693
#SPJ1
The complete question is:
In which of the following situations would Jamal, a manager at Rite Co., be protected by the Sarbanes-Oxley Act?
multiple choice
Jamal finds out that the nighttime janitorial staff is being paid less than minimum wage, and he reports it to the DOL. Jamal learns about improper accounting at rite co., and he reports it to the IRS. Jamal is passed over for promotion because he is black, and he reports this to the Eeco.g why does richard epstein argue (in defense of contracts-at-will) that the concern for reputational loss from cheating is more likely to work in the employee's favor, rather than the employer's?
Richard Epstein argues (in defense of contracts-at-will) that the concern for reputational loss from cheating is more likely to work in the employee's favor, rather than the employer's.
Richard Epstein, a law professor at the University of Chicago Law School, defends the use of contracts-at-will, arguing that employees benefit from the possibility of reputational loss. This is because employees can benefit from a positive reputation and suffer from a negative one. According to Epstein, this makes employees less likely to cheat or break their contracts because they don't want to ruin their reputations.
In contrast, employers are less likely to care about reputational damage because it's difficult to attribute bad behavior to them. This is because they're often seen as faceless corporations, which makes them difficult to hold accountable.The above argument by Richard Epstein implies that the concern for reputational loss from cheating is more likely to work in the employee's favor, rather than the employer's.
For more about reputational loss:
https://brainly.com/question/29975719
#SPJ11
when the u.s. dollar depreciates against the japanese yen, the u.s. financial account deficit: please choose the correct answer from the following choices, and then select the submit answer button. answer choices fluctuates, because the financial account deficit is unrelated to currency valuations. remains the same. decreases. increases.
The US financial account deficit.When the US dollar depreciates against the Japanese yen.
If the US dollar depreciates against the Japanese yen, it means that the dollar is now worth less compared to the yen. This would cause the US exports to become cheaper and more competitive, while the imports become more expensive.
As a result, the demand for US exports would increase, and the demand for Japanese imports would decrease.The increase in US exports and decrease in Japanese imports will result in more dollars flowing into the US economy than flowing out, which would increase the financial account surplus.
Conversely, the decrease in US exports and increase in Japanese imports would result in more dollars flowing out of the US economy than flowing in, which would increase the financial account deficit. Therefore, when the US dollar depreciates against the Japanese yen, the US financial account deficit increases.
To know more about financial account refer here:
https://brainly.com/question/28027139#
#SPJ11
what was the cpi in 2016? that is the value that would go to cell e) in the table. 100 158.3 117.5 129.2
As the value of CPI that the value that would go to cell e) in the table is 129.2 (option c).
To find the cost of the basket in 2016, we can take the average price of milk and honey in 2016 and multiply them by their respective weights in the basket. Assuming that milk and honey are the only goods in the basket and they are equally weighted, we can calculate the cost of the basket in 2016 as follows:
Cost of basket in 2016 = (Price of milk in 2016 x 0.5) + (Price of honey in 2016 x 0.5)
= (5 x 0.5) + (8 x 0.5)
= 6.5
To find the cost of the basket in 2015, we can use the prices of milk and honey in 2015:
Cost of basket in 2015 = (Price of milk in 2015 x 0.5) + (Price of honey in 2015 x 0.5)
= (4 x 0.5) + (6 x 0.5)
= 5
Now we can plug these values into the CPI formula to find the CPI in 2016:
CPI = (Cost of basket in 2016 / Cost of basket in 2015) x 100
= (6.5 / 5) x 100
= 129.2
Therefore, the CPI in 2016 is 129.2, which corresponds to option (c) in the table.
To know more about CPI here
https://brainly.com/question/26682248
#SPJ4
Complete Question:
The table below shows the prices of a gallon of milk and a jar of honey for the years 2015, 2016, and 2017.
Base: Price of Milk Price of Honey CoB CPI Inflation
2015 4 6 a) d) N/A
2016 5 8 b) e) k)
2017 6 10 c) f) l)
What was the CPI in 2016?
That is the value that would go to cell e) in the table.
a) 100
b) 117.5
c) 129.2
d) 158.3
katie is much faster than her husband, brett, at putting up a tent and starting a fire. who should take care of these tasks on their camping trip if they want to maximize their time sitting around a campfire? group of answer choices they each have a comparative advantage in a particular task, and they should focus on doing that. katie can help brett when she finishes her task. they should complete both tasks together, sharing all the work. katie should complete both tasks because she is a more efficient worker. brett could watch and learn from her. katie should be in charge, directing the work while brett does it.
According to the theory of comparative advantage, they each have a comparative advantage in a particular task, and they should focus on doing that.
Katie is much faster than her husband, Brett, at putting up a tent and starting a fire. Therefore, Katie should complete both tasks because she is a more efficient worker. Brett could watch and learn from her. Katie should be in charge, directing the work while Brett does it.
In economics, the theory of comparative advantage is used to describe the way in which two countries can benefit from trade by specializing in the production of the good in which they have a lower opportunity cost.
In other words, comparative advantage refers to the ability of a person, company, or country to produce a particular good or service at a lower opportunity cost than someone else.
Specialization allows people to focus on their areas of expertise, which can result in higher productivity, lower costs, and increased economic efficiency. This principle applies to individuals as well.
If Katie is more efficient at putting up the tent and starting a fire, then she should do these tasks, while Brett focuses on other tasks that he may be better suited for. This way, they can maximize their time sitting around the campfire.
To know more about comparative advantage refer here:
https://brainly.com/question/13221821#
#SPJ11
the focus of early stages new venture development is to
The focus of early stages of new venture development is to identify a market opportunity and determine whether the idea is feasible and profitable. This includes conducting market research, developing a business plan, and securing funding.
At the early phases of new venture development, a process of market opportunity identification and concept viability assessment is involved. Doing market research to identify the requirements and preferences of potential consumers and assessing the viability of the company concept are the main objectives. This process include creating a business plan that details the goals and structure of the new company endeavour as well as any prospective expenses and profits. In early-stage new venture creation, obtaining capital is also essential since it enables entrepreneurs to spend money on the tools and infrastructure they need to start their company. In order to maximise the likelihood of success, meticulous planning, research, and strategic decision-making are needed throughout the first phases of new venture development.
learn more about venture development here:
https://brainly.com/question/15283079
#SPJ4
an increase in the price of a complement would be represented by a change from part 2 a. a to b. b. b to a. c. d1 to d2. d. d2 to d1.
The correct answer would be option b. b to a. An increase in the price of a complement would be represented by a change from part 2a to part 2b. A decrease in the price of a complement would be represented by a change from part 2b to part 2a.
Let's discuss the given question with its options and then choose the correct one. An increase in the price of a complement would be represented by a change from which part? a. a to b.b. b to a.c. d1 to d2.d. d2 to d1. An increase in the price of a complement means a movement along the demand curve to the left. Due to this, the quantity demanded of the commodity goes down. The effect of a rise in the price of a complementary good has a negative effect on the demand for the good itself. As a result, the demand curve will shift to the left-hand side. However, if the price of the complementary good decreases, the demand for the good itself will increase. So the demand curve will shift to the right-hand side. Therefore, the correct answer would be option b. b to a.
Know more about demand curve
https://brainly.com/question/1139186
#SPJ11
phillip owns a cooperative apartment. he is interested in subletting his apartment to earn extra cash flow but is unsure of the cooperative's rules regarding sub-letting. where should phillip look to find this information...?
As a tenant or owner of a cooperative apartment, Phillip should look to find information about subletting from the cooperative's bylaws, proprietary lease, or the board of directors.
The bylaws and proprietary lease outline the rules and regulations of the cooperative regarding subletting, including any fees and restrictions that apply. The board of directors, on the other hand, is responsible for enforcing the bylaws and making decisions on any subletting requests that come in.
A cooperative apartment is a type of housing where residents own a share in a corporation that owns the entire building. The resident does not own their unit but has the right to live there based on their share ownership. The cooperative is governed by a board of directors that sets the rules and policies for the building.
Here are a few guidelines that Phillip should look out for:
1. Approval: Cooperatives require the board of directors to approve subletting requests. The board may require a formal application process and may even interview potential subletters.
2. Fees: Some cooperatives may charge a subletting fee, which can be a percentage of the monthly rent paid by the subletter or a flat rate.
3. Length of subletting: The cooperative may limit the length of subletting or the number of times Phillip can sublet his apartment.
4. Board approval: It is important to note that the board can reject a subletting application even if Phillip meets all the guidelines. The board may reject an application if they believe the subletter may cause problems or not fit into the cooperative community.
For more about tenant law:
https://brainly.com/question/28315465
#SPJ11
under the aicpa code of professional conduct, a cpa may express an unmodified opinion on financial statements that contain a departure from promulgated gaap if (s)he can demonstrate that because of unusual circumstances the financial statements would be misleading if the departure were not made. which of the following is an example of unusual circumstances that could justify such a departure? new legislation. an unusual degree of materiality. a theoretical disagreement with a standard promulgated by the fasb. conflicting industry practices.
Under the AICPA Code of Professional Conduct, a Certified Public Accountant (CPA) may express an unmodified opinion on financial statements that contain a departure from promulgated Generally Accepted Accounting Principles
(GAAP) if they can demonstrate that due to unusual circumstances, the financial statements would be misleading if the departure were not made.
An example of an unusual circumstance that could justify such a departure from GAAP is new legislation. When new legislation is passed, the financial statements must reflect the implications of the legislation.
In some cases, GAAP does not provide for the full implications of the new legislation, and a departure from GAAP is necessary in order to give a true and fair view of the financial statements.
An unusual degree of materiality is another example of an unusual circumstance that could justify a departure from GAAP. Materiality is the quantitative threshold that must be met in order for the information to be included in the financial statements.
When the degree of materiality is exceptionally high, it may be necessary to make a departure from GAAP in order to ensure that the financial statements accurately reflect the underlying economic events and transactions.
A theoretical disagreement with a standard promulgated by the Financial Accounting Standards Board (FASB) is also an example of an unusual circumstance that could justify a departure from GAAP.
In some cases, the CPA may have a disagreement with the FASB’s standard that is based on theoretical or philosophical grounds. In this case, the CPA may choose to make a departure from GAAP in order to reflect the disagreement.
Finally, conflicting industry practices is an example of an unusual circumstance that could justify a departure from GAAP.
Different industries may have different accounting practices, and when the CPA is presented with conflicting practices, they may choose to make a departure from GAAP in order to properly reflect the economic events or transactions in the financial statements.
In conclusion, there are several examples of unusual circumstances that could justify a departure from GAAP, including new legislation, an unusual degree of materiality, a theoretical disagreement with a standard promulgated by the FASB, and conflicting industry practices.
To know more about Accounting Principles here
https://brainly.com/question/28903748
#SPJ11
harrod company paid $5,900 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,900, and no adjustments had been made previously. the adjusting entry required on december 31 is:
Adjusting entry: Dec. 31 Prepaid insurance (4/12 * 5,900) $1,967 Insurance expense $1,967
The adjusting entry required on December 31 for Harrod Company, which paid $5,900 for a 4-month insurance premium in advance on November 1, with coverage beginning on that date and the balance in the prepaid insurance account before adjustment at the end of the year being $5,900 and no adjustments had been made previously, is as follows:
Adjusting entry: Dec. 31 Prepaid insurance (4/12 * 5,900) $1,967 Insurance expense $1,967
The amount paid for the 4-month insurance premium in advance on November 1 was $5,900. The coverage began on that date. As such, Harrod Company can expense $1,967 to the insurance premium account at the end of December, which is 4/12 of the premium.The adjusting entry for December 31 would be:$1,967 is debited to the insurance expense account.$1,967 is credited to the prepaid insurance account.
Hence, the adjusting entry required on December 31 is: Prepaid insurance (4/12 * 5,900) $1,967Insurance expense $1,967
To know more about Prepaid insurance, refer here:
https://brainly.com/question/15502125
#SPJ11
what would be the ending amount if you deposit $500 in an account at the end of each 6-month period for 5 years and the account pays 6% compounded semiannually?
The ending amount after 5 years, with a deposit of $500 at the end of each 6-month period and an interest rate of 6% compounded semiannually, would be approximately $14,355.
To calculate the ending amount, we can use the formula for the future value of an annuity, which is:
[tex]FV = PMT\times [((1 + r/n)^{nt} - 1) / (r/n)][/tex]
Where:
FV is the future value of the annuity
PMT is the periodic payment (in this case, $500)
r is the annual interest rate (6%)
n is the number of compounding periods per year (2, since interest is compounded semiannually)
t is the number of years (5)
Plugging in these values, we get:
FV = $500 x [((1 + 0.06/2)²ˣ⁵ - 1) / (0.06/2)] = $14,355.12
Therefore, the ending amount would be approximately $14,355.
To know more about interest rate refer here:
https://brainly.com/question/13324776#
#SPJ11
first rentals purchased office supplies on credit. the general journal entry made by first rentals will include a: multiple choice debit to accounts payable. debit to accounts receivable. credit to cash. credit to accounts payable. credit to accounts receivable.
In accounting, a credit to Accounts Payable is used to record purchases made on credit. A credit to Accounts Payable increases the company's liability as it owes money to its suppliers or creditors.
It is important to record such transactions in order to keep track of the company's financial health . Accounts Payable is the amount that a company owes to its suppliers or creditors for goods or services purchased on credit. It is a liability account and is recorded on the balance sheet.
When a company purchases goods or services on credit, it is added to the Accounts Payable balance. The amount is reduced once the company pays off the debt. In the example given in the question, First Rentals purchased office supplies on credit. The general journal entry made by First Rentals will include a credit to Accounts Payable. This means that the company owes money to its suppliers for the office supplies purchased on credit.
Recording a credit to Accounts Payable is significant as it helps the company keep track of its financial obligations. It is important for a company to have accurate and up-to-date financial records in order to make informed business decisions. A credit to Accounts Payable helps the company monitor its debt and manage its cash flow. It also ensures that the company is paying its suppliers on time and maintaining good business relationships.
for more such questions on Accounts Payable
https://brainly.com/question/29770503
#SPJ11
if an organization is using overtime, hiring/firing employees, and subcontracting to modify production plans, it is likely deploying which type of production strategy?
If an organization is using overtime, hiring/firing employees, and subcontracting to modify production plans, it is likely deploying mixed type of production strategy.
A successful product mix strategy enables a company to focus efforts and resources on the products and product lines within its offerings that have the greatest potential for growth, market share, and revenue.
There are four key product mix strategies:
Expansion: A business adds more product lines or product depth (i.e., variations) within lines.
Contraction: A company narrows its product mix to eliminate lower-performing products or lines or to simplify remaining products or lines.
Change an Existing Product: A company improves a current product rather than creating a completely new product.
Product differentiation: A company positions a product as being a better option than a rival product without changing it in anyway.
Learn more about production strategy at:
brainly.com/question/28788924
#SPJ4
firms will produce at a given level of output if their sales exceeds their production .
The theory of production states that a company will produce at a specific output level if the sales revenue it generates is higher than the cost of producing that output.
This is a fundamental principle of economics that is used to evaluate a company's efficiency and profitability.To comprehend the reasoning behind this principle, it's essential to understand the two essential concepts: output and cost.Output is the quantity of goods or services that a company creates or produces. In a manufacturing environment, it might be measured in terms of the number of units produced or the number of goods produced.
On the other hand, in a service-based business, it may be calculated in terms of the number of hours worked or the amount of work completed.Costs are the resources that a company consumes in the process of producing its goods or services. These costs are used to purchase materials, pay wages, and rent or lease facilities. They can be divided into two categories: fixed and variable.
Fixed expenses are expenses that do not vary with output, such as rent or lease payments for a factory or office space. Variable costs, on the other hand, vary directly with output. They include expenses such as raw materials, labor, and utilities. To determine the optimal production level for a company, managers must evaluate the revenue generated by each unit of output versus the cost of producing that unit. If the revenue generated is higher than the cost of producing that unit, the company will continue to produce more output until the cost of production equals the revenue generated.
This is the point where the company is maximizing its profits. In conclusion, firms will produce at a given level of output if their sales exceed their production cost. This is because production costs are not only determined by the cost of materials and labor but also by the level of output. If a firm produces too much, the cost of production might become greater than the revenue generated, and the firm will lose money.
For similar questions on "Theory of Production" :
https://brainly.com/question/12789708
#SPJ11
company abc in scotland exports a pound of cheese to the us for $100. based on the value of the cheese, the us places a 20% tax on it. what type of tariff is this?
The type of tariff described in this scenario is a specific tariff.
A specific tariff is a fixed dollar amount charged per unit of the imported product, regardless of its value. In this case, the tariff is imposed on a pound of cheese, and the amount of the tariff is 20% of the value of the cheese, which is $100. Therefore, the specific tariff is $20 per pound of cheese.
It is important to note that specific tariffs are not based on the value of the imported product, but on its physical quantity or weight. This makes them different from ad valorem tariffs, which are calculated as a percentage of the value of the imported product.
Learn more about specific tariff at: https://brainly.com/question/13480294
#SPJ11
the opportunity cost of holding money part 2 a. refers to the amount of paper currency held by the fed. b. is measured by the alternative interest yield obtainable by holding some other asset. c. is based on the fiduciary monetary system. d. equals the amount paid for renting a house instead of buying it.
The opportunity cost of holding money (b) refers to the alternative interest yield obtainable by holding some other asset."
Opportunity cost is the cost of forgoing the next best alternative when making a decision. In the case of holding money, individuals or institutions give up the opportunity to earn interest or returns on other assets they could have invested in.
Therefore, the opportunity cost of holding money is the potential return that could have been earned by investing that money elsewhere.This opportunity cost is measured by the interest rate that could have been earned by holding an alternative asset, such as stocks, bonds, or real estate.
Higher interest rates on these assets imply a higher opportunity cost of holding money. As a result, when interest rates are high, people tend to hold less money in favor of higher-yielding assets, and vice versa when interest rates are low.
For more questions like Opportunity cost click the link below:
https://brainly.com/question/13036997
#SPJ11
after working with key stakeholders to define activities and calculate their resources, what is the next process in project schedule management? select one: a. control the schedule. b. estimate the duration of activities. c. develop the schedule. d. determine their dependencies.
Option B is correct. After working with key stakeholders to define activities and calculate their resources, the next process in project schedule management is to estimate the duration of activities.
Iterative estimation of activity duration can be done for either a project phase or a production phase. It may be modified as work proceeds and as additional project-related tasks are discovered. At first, we might base your project estimations on the network diagram (sequencing the activities). It can be further adjusted in accordance with adjustments made to the project throughout execution, control, and monitoring.
It takes time for a long-term project to estimate activity duration because it is a laborious task. Our core project team should ideally be involved in the duration estimation process. To reach an agreement on the milestone dates and delivery schedules, we should consult with the project team, which will work on the project to accomplish its objectives, the project management team, and all of the important stakeholders who have been identified.
Learn more about Schedule Management here: brainly.com/question/29550220
#SPJ4
a logical activity base for the fuel expense of a bus service would be the number of a.seats. b.passengers. c.trips. d.miles traveled.
A logical activity base for the fuel expense of a bus service would be the number of miles traveled.
What is an recreation base for a variable cost additionally referred to as a fee driver?Activity Base. A measure of anything motives the incurrence of a variable cost. An exercise base is once in a while referred to as a value driver. Some of the most frequent endeavor bases are direct labor-hours, machine-hours, units produced, and gadgets sold.
Most businesses prepare variable costing reviews for each product. These reviews are regularly used for product pricing and determining whether to discontinue a product. focuses on explaining the differences between planned and real contribution margins.
Learn more about variable cost here:
https://brainly.com/question/5965421#SPJ1an auditor selects a sample of recorded cash receipts and vouches them to accounts receivable and customer orders. this procedure is relevant to which assertion? completeness. existence. cutoff. occurrence.
The procedure of selecting a sample of recorded cash receipts and vouching them to accounts receivable and customer orders is relevant to the assertion of existence. Option B is the correct answer.
The existence assertion deals with whether the assets or liabilities recorded in the financial statements actually exist and are owned by the company at the balance sheet date. By vouching the cash receipts to accounts receivable and customer orders, the auditor is verifying whether the recorded receivables actually exist and are owned by the company.
If the auditor finds discrepancies between the recorded cash receipts and the corresponding accounts receivable and customer orders, it may indicate that some of the recorded receivables do not exist and the existence assertion has been violated. Thus, option B is the correct answer.
You can learn more about auditor at
https://brainly.com/question/29548911
#SPJ11
noise traders part 2 a. pursue trading strategies based on an inflated view of their ability to understand the significance of a piece of news. b. make use of inside information. c. help to ensure that asset prices reflect the fundamental values of the securities being traded. d. reduce the amount of risk in the market.
a) pursue trading strategies based on an inflated view of their ability to understand the significance of a piece of news.
b) make use of inside information.
c) do not help to ensure that asset prices reflect the fundamental values of the securities being traded.
d) do not reduce the amount of risk in the market.
Noise traders are investors who make trading decisions based on incomplete or unreliable information. These investors typically rely on false beliefs or hunches to inform their trading decisions and do not use fundamental analysis or data to make decisions.
Furthermore, they may use insider information or market rumors to drive their trading decisions. As a result, their trading strategies are not grounded in fundamental security values and can often create increased risk and volatility in the markets.
To know more about trading strategies click on below link:
https://brainly.com/question/14893656#
#SPJ11
derrick is deciding between investing in a municipal bond with an interest rate of 2.37% and a corporate bond. derrick's marginal tax rate is 21%. for what interest rate on the corporate bond will derrick be indifferent between investing in the municipal bond and the corporate bond
At 2.9706% interest rate on the corporate bond, Derrick be indifferent between investing in the municipal bond and the corporate bond.
Derrick will be indifferent between investing in the municipal bond and the corporate bond when the corporate bond's interest rate is equal to the municipal bond's after-tax return. To calculate this after-tax return, you can use the following equation: After-Tax Return = Interest Rate * (1 - Marginal Tax Rate)
In this case, this would mean that the corporate bond would need to have an interest rate of 2.9706% in order for Derrick to be indifferent. To calculate this, first calculate the after-tax return of the municipal bond. The equation for this is:
Municipal Bond After-Tax Return = 2.37% * (1 - 0.21)
This would give Derrick an after-tax return of 1.8714%.
The corporate bond would need to have an interest rate that is equal to the municipal bond's after-tax return in order for Derrick to be indifferent. To calculate this, use the same equation used to calculate the municipal bond's after-tax return, but solve for the interest rate:
Corporate Bond Interest Rate = After-Tax Return / (1 - Marginal Tax Rate)
In this case, the equation would be: Corporate Bond Interest Rate = 1.8714% / (1 - 0.21)
The corporate bond's interest rate would need to be 2.9706% for Derrick to be indifferent.
Know more about corporate bond here:
https://brainly.com/question/14531325
#SPJ11
your full-service brokerage firm charges $135 per stock trade. how much money do you receive after selling 165 shares of nokia corporation (nok), which trades at $24.93?
Money received after selling 165 shares of nokia corporation (nok), which trades at $24.93 is $3,978.45.
Brokers, also referred to as trading members, play a crucial role in the stock market. They execute transactions such as the buying and selling of stocks on behalf of their clients. In return for this, they charge a brokerage commission. But stock market brokers provide other services too.
brokerage firm charges per stock trade= $135
after selling 165 shares of Nokia corporation (nok) at $24.93,
($24.93/share × 165 shares) − $135
= $3,978.45.
Learn more about stock market at:
brainly.com/question/13400473
#SPJ4
When a $10 check written on the First National Bank of Chicago is deposited in an account at Citibank, then
A.the assets of Citibank decrease by $10.
B.the liabilities of the First National Bank decrease by$10.
C.the liabilities of Citibank decrease by $10.
D.the reserves of the First National Bank increase by $10.
The appropriate response is: When a $10 check made out to First National Bank of Chicago is placed in an account at Citibank:
B. The First National Bank's liabilities are $10 lessened.
Due to the fact that the First National Bank will get the cheque for payment when it is deposited at Citibank, this is true. The check will be paid, which will result in a $10 reduction to the First National Bank account from which it was taken, lowering First National Bank's obligations. Then, a $10 increase in the deposit at Citibank will take place; however, Citibank's liabilities are unaffected.
Learn more about “ National Bank of Chicago “ visit here;
https://brainly.com/question/1336269
#SPJ4