Read this statement: The primary goal of the business firm is to maximize the wealth of the firm's owners. For a corporation, this statement means that managers should focus on maximizing the wealth of its shareholders or its:

Answers

Answer 1

Answer:

The correct answer is: Stock Price.

Explanation:

To begin with, those organization that are focus on making profits are the ones who have to work in order to ensure the fact of maximizing the wealth of is shareholders or its stock price so in that way when the price rises the money that will enter the company will be increase as well too. So that is why that the managers to the companies must focus on the task of improving the production and all the systems of the organization so that will mean that the company is trying to sell more and therefore to maximize its profits due to its primary goal.


Related Questions

A homeowner has a mortgage balance of $149,570.75. If the interest rate on the loan is 9.5% and the monthly payment is $1,303.55 what will be the mortgage balance after the next two payments?

Answers

Answer:

Principal balance at the end of year 2 = 149,330.9079

Explanation:

Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest.

We will use the following relationships:

Interest paid = Interest rate × loan balance

Principal paid = Monthly installment - Interest paid

Principal balance= loan balance - principal paid

Year 1

Interest paid    =    9.5%/12 × 149,570.75 =   1,184.101          

Principal paid in year 1 = 1,303.55 -  1,184.101  = 119.448

Principal balance =  149,570.75 - 119.448= 149,451.3018

Year 2

Interest paid = interest rate × loan balance in year 1 = 1183.156

Interest paid = 9.5%/12 × 149,451.3018 = 1183.156

Principal paid = 1,303.55 - 1183.156139  = 120.393

Principal balance at the end of year 2= Principal balance in year 1 - Principal paid in  year 2

= 149,451.3018  - 120.393861  = 149330.9079

Principal balance at the end of year 2 = 149,330.90

​Jenco Co. imports raw materials from Japan, invoiced in U.S. dollars. The price it pays is not expected to change for the next several years. If the Japanese yen appreciates, Jenco’s imports from Japan will probably ____ and if the Japanese yen depreciates, its imports from Japan will probably ____.

Answers

Answer:

stay the same; stay the same

Explanation:

Since in the question it is mentioned that Jenco Co. imported the raw material from Japan and the price is not changed as predicted now if the Japanese yen rises so the imports would remain the same and the same case with the decline i.e the imports from Japan would also stays the name

Therefore there would be no change in case of appreciation and depreciation

Herb has $20,000 in an interest-bearing time deposit with the Applebottom Bank and Trust Company. While earning a relatively attractive rate of interest, Herb had to agree to not withdraw any of the funds until the end of a three-year period. Herb's investment represents a(n):

Answers

Answer: Certificate of deposit

Explanation: Herbs investment with Applebottom Bank and Trust Company represents a certificate of deposit which differs from the usual savings deposit due to the the high interest it pays and the fact that it is time bound. The depositor enters into an agreement with the financial institution issuing the certificate of deposit and a fixed term of deposit is agreed with a better interest than usually attached to other deposit accounts. This restricts the depositor from being able to withdraw any amount from his / her account before the stipulated date.

Suppose a competitive firm pays a wage of $12 an hour and sells its product at $3 per unit. Assume that labor is the only input. If hiring another worker would increase output by five units per hour, then to maximize profits the firm should Group of answer choices

Answers

Answer:

The answer is 'hire the additional worker'

Explanation:

The firm should hire the additional worker.

An organization should hire additional workers to increase its profits if the marginal revenue product of labor is more than the wage rate.

Let's do the calculation:

The firm sells the product at $3

And hiring another product will increase the output by 5units

The total cost will be 3 x 5

= $15

And the firm pays the labour $13 for producing the 5 units.

The gain is $2 ($15 - $13).

Therefore, the firm should hire the additional worker.

S&P Enterprises has scheduled direct material purchases of $120,000 in April, $140,000 in May and $160,000 in June. The company pays for 75% of its purchases in the month of purchase and 25% the month after the purchase. Calculate the expected cash disbursements for t

Answers

Answer:

Results are below.

Explanation:

Giving the following information:

Purchases:

April= $120,000

May= $140,000

June= $160,000

The company pays for 75% of its purchases in the month of purchase and 25% the month after the purchase.

We can calculate the cash disbursement for each month:

April:

Purchase from April= 120,000*0.75= 90,000

May:

Purchase from May= 140,000*0.75= 105,000

Purchase from April= 120,000*0.25= 30,000

Total= 135,000

June:

Purchase from May= 140,000*0.25= 35,000

Purchase from June= 160,000*0.75= 120,000

Total= 155,000

The revocation or suspension of a federal covered investment adviser's registration under the Investment Advisers Act of 1940 may be appealed A) to the United States Supreme Court because the Investment Advisers Act of 1940 is federal legislation, unlike the Uniform Securities Act, which is a model for state securities legislation B) through arbitration with the Financial Industry Regulatory Authority (FINRA) C) by petition to the appropriate state securities Administrator D) to the U.S. Court of Appeals serving the district where the order was issued within 60 days of its issuance

Answers

Answer:

D) to the U.S. Court of Appeals serving the district where the order was issued within 60 days of its issuance.

Explanation:

An investment adviser is an individual or group of people who professionally advise others with information on investing in securities such as bonds or stocks.

The revocation or suspension of a federal covered investment adviser's registration under the Investment Advisers Act of 1940 may be appealed to the U.S. Court of Appeals serving the district where the order for revocation or suspension was issued within 60 days of its issuance.

Under Section 213 of the Investment Advisers Act of 1940, any individual or party who has their license revoked or suspended by a Commission may appeal and obtain a review of such order in the US Court of Appeals within serving the district where the order was issued within 60 days of its issuance, through a written petition pleading that it be modified or set aside by the court in whole or in part.

Choose the correct statement. A. The cost of producing one more unit of a good or service is its marginal​ cost, which is the minimum price that producers must receive to induce them to offer to sell another unit of the good or service. B. The cost of producing one more unit of a good or service is the​ producer's marginal​ cost, and we measure marginal cost as the area above the supply curve and below the market price. C. The price of one more unit of a good or service is its marginal cost. D. The cost of producing one more unit of a good or service is equal to the market price.

Answers

Answer:

A. The cost of producing one more unit of a good or service is its marginal​ cost, which is the minimum price that producers must receive to induce them to offer to sell another unit of the good or service.

Explanation:

Marginal cost is the cost that incurred to produced additional units of output.

According to the given situation, the actual cost of generating one additional unit by the manufacturer is essentially zero. Suppose a supplier produces 10 units at a total price of 100 and he will have to invest more than 10 to produce the 11th unit which makes the total cost 110. And the manufacturer invested 10 extra directly to create the 11th device.

Therefore from the above explanation the correct answer is A.

Which of the following is the best characterization of sociocultural forces? a firm's culture, norms, and values a competitor's culture, norms, and values a focus group's culture, norms, and values a society's culture, norms, and values

Answers

Answer:

a society's culture, norms, and values

Explanation:

From the name socio + cultural indicates best how the culture, norms and values affect a society.

Often times the term culture refers to the general way of life of the members of a particular society. While the term norms and values refers to acceptable standards within a particular society. All this terms characterizes sociocultural forces.

Until yesterday, J. J. worked for his father's company and was covered by the company's large group health plan. He stopped working to go to college. He is 26 years of age and wants to keep the same coverage until he earns his degree in approximately 24 months. Which of the following statements is true?
A. A good option for J.J. is to exercise the COBRA option under his father's group plan
B. J.J. can obtain coverage under COBRA, but it won't be the same coverage he had under his father's group plan
C. As a student, J.J. is still covered under his father's group plan
D. J.J.'s only option is to buy a personal plan of coverage

Answers

Answer: A good option for J.J. is to exercise the COBRA option under his father's group plan

Explanation:

Consolidated Omnibus Budget Reconciliation Act (COBRA) option provides the workers and their families the right thing continue enjoying and using the group health benefits after they have lost their health benefits.

It should be noted that this is for a certain period of time under some circumstances like job loss or going to college as in J.J case.

If the average amount of time a product goes without failing decreased by some amount, that product's availability could nevertheless be maintained at previous levels by __________ its __________.

Answers

Answer: reducing; time required for repair

Explanation:

The options to the question are:

A. increasing; reliability

B. reducing; time required for repair

C. reducing; reliability

D. reducing; reparability

E. increasing; time required for repair

If the average amount of time a product goes without failing decreased by some amount, that product's availability could nevertheless be maintained at previous levels by reducing its time required for repair.

When the time required for repair is reduced or at a minimal level, this will ensure that the product is always available.

Boards of directors have responded to financial crises, corporate scandals, regulator obligations, and investor requests for structural changes. In looking at the 2011 Harvard Business Review study of the changes in configuration of boards since 1987, which change has been brought about by government legislation?

Answers

Answer: Percentage of the directors that are independent has increased.

Explanation: The response from board of directors, regarding financial crises, corporate scandals and regular obligations. brought about an increase in the percentage of board of directors who are independent. This has been due to government laid down legislations. This independent board of directors are not executive directors, but directors who hold shares of the organization.

Mike has a car accident and Maria saves his life. To show his appreciation, Mike gives Maria a life estate in one of the homes he owns. Maria lives there for a while and then accepts a job in another state so she gives the property to her sister Jackie in a lawful transaction. Jackie owns the property until:

Answers

Answer:

Jackie owns the property until Maria dies

Explanation:

In this specific scenario, Jackie owns the property until Maria dies. That is because, in common law and statutory law, a life estate also known as life tenancy is defined as the ownership of land for the duration of a person's life. Therefore since Mike granted life estate to Maria and not Jackie, the land is legally Maria's to do as she wishes up until the moment of her death. Once this comes to pass the land ownership is returned to Mike.

In March 2012, the state of California started requiring that all packaging for food and drink with the additive 4-methylimidazole (4-MI) be clearly labeled with a cancer warning. Because of this, both Pepsi and Coke changed their formula to eliminate 4-MI as an ingredient. If Pepsi and Coke did NOT change their formula, holding all else constant, what would have happened to the demand for these goods, assuming Pepsi and Coke were in a competitive market

Answers

Answer:

The demand curve for Pepsi and Coke would have shifted to the left, causing the price of both products to decrease and the profits for both companies to fall.

Explanation:

As in the question it is mentioned that the if the Pepsi and Coke do not change the formula and all other things being constant so the demand for the goods in case of the competitive market is that the demand curve is shifted to the left which results in a decrease in the price of both goods also due to price falls the profits for both companies dropped.

A free rider is a(n) Group of answer choices interest group that files an amicus curiae brief. person who enjoys the benefits of a collective good, action, or service without any effort on their part. a person who receives the services distributed by a monopoly. member of a public interest group.

Answers

Answer: Person who enjoys the benefits of a collective good, action, or service without any effort on their part.

Explanation:

In Economics, Free riders are people who benefit from resources and/or goods that are communal in nature and yet either do not pay or pay an insubordinate amount for enjoying same. Essentially they enjoy the benefits of a collective good without any effort on their part.

As a result, the good might become overused and degraded as it is not being maintained enough.

The use of open innovation can be useful in the ________ stage of the new-product process because it helps organizations find and execute product concepts externally and overcome the associated not-invented-here barriers.

Answers

Answer:

Idea generation

Explanation:

Open innovation is when an organization uses outside sources to generate innovation instead of using ony internal sources.

The new product process involves the following stages:

-Idea generation that is about providing ideas.

-Screening that is about grouping the ideas generated.

-Concept testing is about developing the concept from the idea.

-Business analysis is about finding out if the cost and benefits make the idea viable.

-Product development is about creating the good.

-Market testing is about making sure that the product can be marketed successfully.

-Commercialization refers to selling the product to the customers.

According to this, the use of open innovation can be useful in the idea generation stage of the new-product process because it helps organizations find and execute product concepts externally and overcome the associated not-invented-here barriers as open innovation would allow to use external and internal sources in the idea generation which will help to provide more and better ideas because the company won't be limited ony to their resources which can increase the possibilities.

Robust Inc. has the following information related to an item in its ending inventory. Product 66 has a cost of $812, a replacement cost of $775, a net realizable value of $800, and a normal profit margin of $50. What is the final lower-of-cost-or-market inventory value for product 66

Answers

Answer:

$775

Explanation:

In inventory valuation , inventory are valued at the lower of cost to replace an item of inventory and the net realizable value.

The net realizable value is the proceed earned from the disposal of an inventory less the cost related to the disposal.

In the scenario described in the question , The replacement cost for product 66 is $775 while the net realizable value is $800. Therefore , the final inventory valuation will be the lower of $775 and $800 which is $775

If the predetermined overhead allocation rate is 250% of direct labor cost and the Finishing Department's direct labor cost for the reporting period is $20,000, the following entry would record the allocation of overhead to the products processed in this department:
Work in Process Inventory, Finishing Dept 50,000 Factory Overhead 50,000
a) True
b) False

Answers

Answer:

a) True

Explanation:

The following entry would be recorded to allocate the overhead to the products processed

Date          Account&Explanation                             Debit        Credit

          Work in progress, Finishing department     $50,000

          ($20,000 * 250%)

          Factory Overhead                                                          $50,000

          (To allocate the overhead)

Explanation: Work in process account would be debited to accumulate the manufacturing overhead to the cost of the product

And, factory overhead would be credited to charge such expenses to the product

Conclusion: The given journal entry is correct.

Countries A, B, and C are at a particular level of economic integration. All these countries enjoy reduced or eliminated internal tariffs on trade between them and have added a common external tariff on products imported from countries outside the union. If these countries remove all restrictions on the free flow of capital and labor among themselves, they represent a Multiple Choice free trade area. common market. political union. preferential trade area. regional cooperation group.

Answers

Answer:

Common market.

Explanation:

In this scenario, Countries A, B, and C are at a particular level of economic integration. All these countries enjoy reduced or eliminated internal tariffs on trade between them and have added a common external tariff on products imported from countries outside the union. If these countries remove all restrictions on the free flow of capital and labor among themselves, they represent a common market.

A tariff can be defined as a form of taxation employed by a country and applies to imported goods or services from another country.

A common market refers to a formal organization of countries who have collectively agree to trade freely with one another with reduced or eliminated internal tariffs but imposes a common external tariff on trade with other countries. It was founded in 1958 and was made up of countries like Luxembourg, France, Belgium, Netherlands, West Germany and Italy.

The main purpose and advantage of the common market is that, it avails member countries the opportunity to move goods, people, services and capital freely.

Select all that apply GAAP and IFRS rules ______. require that the same method be used for both internal and external segment reporting create incentives for companies to use the contribution margin format in segment reporting require segmented financial data be included in annual reports create problems in reconciling internal and external reports

Answers

Answer:

The correct options are "A, C, and D".

Explanation:

GAAP becomes regarded as a relatively 'rules-based' management framework, seems to be the accounting technique used throughout the United StatesIFRS becomes quite 'principles-based', although this would be the accounting framework used in more than 110 countries throughout the globe.These allow the same approach being used for international and domestic section reporting, which generate reconciliation issues.

The following production data were taken from the records of the Finishing Department for July:
Inventory in process, March 1, 30% completed 4,000 units
Transferred to finished goods during March 38,500 units
Ending work in process during March, 40% completed 3,500 units
Determine the total equivalent units for direct materials, assuming that the first-in, first-out method is used to cost inventories. Assume that all direct materials are placed in process at the beginning of production.

Answers

Answer:

38,000 units

Explanation:

The computation of the total equivalent units for the direct material using the FIFO method is shown below:

= Completed and transferred units × completion percentage + ending work in process units × completion percentage

= (38,500 units - 4,000 units) × 100% + 3,500 units × 100%

= 34,500 units + 3,500 units

= 38,000 units

CompuTop Company sells toy laptop computers for $30 each. If the variable cost for each laptop is $20 and fixed costs total $25,000, how many laptops must CompuTop sell to generate a target income of $66,667?

Answers

Answer:

$9,166.70

Explanation:

The computation of the number of laptop need to sell is shown below:

= (Fixed expenses + target profit) ÷ (Contribution margin per unit)  

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit  

= $30 - $20

= $10

And, the fixed cost is $25,000 + profit is $66,667

Now putting these values to the above formula

So, the number of laptops sells is

= ($25,000 + $66,667) ÷ ($10 per unit)

= $9,166.70

An investment adviser representative who makes extensive use of third-party research to formulate portfolio recommendations to clients A) need not disclose that fact to the clients B) must disclose that fact to the clients C) is in violation of his fiduciary responsibility as IARs may only use research provided by the firm D) must obtain consent of the clients to use third-party research

Answers

Answer: A) need not disclose that fact to the clients

Explanation: An investment adviser representative need not disclose the fact that he/she uses third-party research to formulate portfolio to the clients and the reason is this: It is not necessary to disclose what sources an  investment adviser representative uses as the basis for portfolio recommendations, and thus is never in violation of his fiduciary responsibility. However, if the third-party research used is to be distributed to his clients, then, proper attribution is required.

In hopes of earning a few dollars on belongings they no longer use or want, some people take their household items to consignment shops, while other people sell their items on eBay. Which method of selling can be argued to have more structural holes?

Answers

Answer:

Selling through a consignment shop

Explanation:

Structural holes refer to a situation in which parties in a network are not able to interact.

A consigment shop is a store where you can take things to sell and the owner decides a price to pay and then, the objects are sold to someone else at a higher price and the owner gets a profit.

eBay is an online shopping site that allows people to sell things directly to buyers.

According to this, the answer is that the method of selling that can be argued to have more structural holes is selling through a consignment shop because buyers can't negotiate directly with the sellers which they can do in eBay.

WP Corporation produces products X, Y, and Z from a single raw material input in a joint production process. Budgeted data for the next month is as follows: Product X Product Y Product Z Units produced 2,400 2,900 3,900 Per unit sales value at split-off $ 21.00 $ 24.00 $ 24.00 Added processing costs per unit $ 3.00 $ 5.00 $ 5.00 Per unit sales value if processed further $ 25.00 $ 25.00 $ 30.00 The cost of the joint raw material input is $77,000. Which of the products should be processed beyond the split-off point? Product X Product Y Product Z A) yes yes no B) yes no yes C) no yes no D) no yes yes

Answers

Answer:

WP Corporation

Which of the products should be processed beyond the split-off point? Product X Product Y Product Z

B) yes no yes

Explanation:

a) Data and Calculations:

Budgeted data for the next month:

products                                                           X             Y              Z

Units produced                                              2,400      2,900       3,900

Per unit sales value at split-off                   $ 21.00   $ 24.00   $ 24.00

Added processing costs per unit                $ 3.00     $ 5.00     $ 5.00

Per unit sales value if processed further $ 25.00  $ 25.00    $ 30.00

Added profit after further processing        $ 1.00    ($4.00)      $ 1.00

Further processing of the products X, Y, and Z will yield further or added profit of $1.00 from products X and Z, but a loss of $4 from product Y.  Therefore, product Y should not be processed further, unless its cost structure is such that there is a more than $4 profit to be generated and its further processing is necessary for the other two to be sold, that is if the three products must be sold jointly.  In such a case, management could take further analysis to reduce the cost for consumers.

5. True or False: Section 508 only effects employees who work with technology and procurement, not employees such as meeting coordinators, content authors, or professional disaster response employees.

Answers

Answer:

False

Explanation:

Section 508 applies to all employees. There is no discrimination i the law on the basis of job role and job descriptions. Even small businesses require section 508 compliance for their employees. It is better to comply with all the applicable laws to avoid any penalty or punishment for the organization.

The given statement is false.

The following information should be considered:

Section 508 should be applied to all types of employees. Here there should not be any discrimination.Every small business needed section 508 for complying with respect to the employees so that the penalty or punishment should be avoided.

Therefore, we can conclude that the given statement is false.

Learn more: brainly.com/question/6201432

what is one of the effects that the internet has had on bussiness?

Answers

The advent of the Internet has made the presence of businesses global. ... The communication between customers and businesses increases customer satisfaction and enables businesses to get connected to the customers. The accessibility enables businesses to further expand their service or product, which increases profit.

_______ is a term referencing the concept that a sufficient interest must exist on the part of an insured in order to take out a policy of insurance. Multiple Choice Insurable interest Pecuniary interest Financial concern Financial effect Profit impact

Answers

Answer:

Insurable interest

Explanation:

The insurance interest is the interest of the insurer while taking the policy so that the risk of the loss is reduced also it is an important requirement that makes the firm or the event to be legal, valid, enforceable,  and protected against any harmful acts done intentionally

Therefore according to the given situation, the concept in which enough interest must exist on the part of the insurer while taking the policy is known as the insurer interest

Hence, the first option is correct

The listening gap is understood to be the difference between ________. Group of answer choices A. The speed of sound and the speed of reception B.A customer explaining a problem and a customer service representative understanding it C.The speed at which the brain can comprehend communication and the speed at which the average adult speaks D.The speech rate of 125 to 150 words per minute and the thought rate of 80 to 100 words per minute

Answers

Answer: the speed at which the brain can comprehend communication and speed at which the average adult speaks

Explanation:

Listening is a primary skill that is used by most individuals to gather information.

The listening gap is understood to be the difference between the speed at which the brain can comprehend communication and speed at which the average adult speaks.

if a firm prices low worldwide in an attempt to build global sales volume as rapidly as possible, even it this means taking large losses initially, what kind of strategy is it pursuing?

Answers

Answer: Experience curve pricing

Explanation: The experience curve pricing principle aims to explain the relationship between the unit price of production and marketing and the experience possessed by the marketing and production company or firm on that product. In a bid to acquire more depth in experience in production and marketing, forms tend to sell at prices below the average selling price which may culminate in losses in the early stage

However, with increase in experience in the production and marketing of the product attained as a result of cumulative production, the unit production cost begins to decline.

If the Administrator were examining the actions of a particular agent to determine whether the agent engaged in churning a client's account, focus would be placed upon A) the number of complaints received relating to that agent B) the amount of profits generated in the client's account C) the client's objectives, financial resources, and the character of the account D) the length of time the account had been opened

Answers

Answer:

C) the client's objectives, financial resources, and the character of the account

Explanation:

While at the time of examining the actions of a specific agent by the administrator with respect to the commission earned would be depended upon the objective of the client, his financial resources,and the character of the account.

The character of the account represents the type of account in which the client is interest as different accounts have different commissions

So these three above objectives should be required

Hence, the option c is correct

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