Under absorption costing, the fixed manufacturing overhead cost included in Ida Sidha Karya Company's inventory at the end of last year is $6,000.
To calculate the fixed manufacturing overhead cost included in inventory, we need to use the formula: Fixed manufacturing overhead cost per unit x Units in ending inventory.
The fixed manufacturing overhead cost per unit is calculated as follows:
Fixed manufacturing overhead cost ÷ Units producedThus:
= $60,000 ÷ 250 units = $240 per unit.Then, we can calculate the fixed manufacturing overhead cost deferred in inventory by multiplying the fixed manufacturing overhead cost per unit by the units in ending inventory:
= $240 per unit x 25 units in ending inventory= $6,000.Therefore, $6,000 is included in Ida Sidha Karya Company's inventory under absorption costing.
The complete question:
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $850. Selected data for the company's operations last year follow:
Units in beginning inventory 0Units produced 250Units sold 225Units in ending inventory 25Variable costs per unit: Direct materials$100Direct labor$320Variable manufacturing overhead$40Variable selling and administrative$20Fixed costs: Fixed manufacturing overhead$60,000Fixed selling and administrative$20,000
The absorption costing income statement prepared by the company's accountant for last year appears below:
Sales$191,250Cost of goods sold 157,500Gross margin 33,750Selling and administrative expense 24,500Net operating income$9,250Required:
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if there is an adverse (negative) short-run aggregate supply shock due to an increase in the price of natural resources and the government pursues no policy to address the supply shock, then which of the following will occur in the long run? responses nominal wages will fall with no change in the natural rate of unemployment. nominal wages will fall with no change in the natural rate of unemployment. inflation will rise and nominal wages will fall. inflation will rise and nominal wages will fall. deflation will worsen and nominal wages will rise. deflation will worsen and nominal wages will rise. aggregate demand will increase to restore full employment. aggregate demand will increase to restore full employment. the long-run aggregate supply curve will shift right and increase unemployment.
When there is an adverse (negative) short-run aggregate supply shock due to an increase in the price of natural resources and the government pursues no policy to address the supply shock.
The correct option is C)inflation will rise and nominal wages will fall.
Inflation will rise and nominal wages will fall in the long run .A supply shock can be defined as an unexpected occurrence that alters the supply of a good or service.
An increase in the price of natural resources is one such occurrence that has the potential to cause an adverse (negative) short-run aggregate supply shock.In the short term, the AS curve shifts leftward, causing higher prices and lower output.
In the long run, however, the price level settles at a new equilibrium point. The economy may take various paths to reach this long-term equilibrium, and the government can implement various policies to speed up the process.Aggregate demand and supply determine inflation and economic output.
As a result, any impact on one of the two can have a ripple effect on the other. When there is an adverse (negative) short-run aggregate supply shock due to an increase in the price of natural resources and the government pursues no policy to address the supply shock, inflation will rise and nominal wages will fall in the long run.The correct option is C)
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when recording long-term notes receivable, which of the following statements is correct? a.long-term notes receivable are recorded at the present value of the property, goods, or services or the present value of the note receivable, whichever is more clearly determinable. b.long-term notes receivable are recorded at the fair value of the property, goods, or services or the fair value of the note receivable, whichever is more clearly determinable. c.long-term notes receivable are recorded at the cost of the property, goods, or services or the present value of the note receivable, whichever is more clearly determinable. d.long-term notes receivable are recorded at the present value of the property, goods, or services or the cost of the note receivable, whichever is more clearly determinable.
When recording long-term notes receivable, B. Long-term notes receivable are recorded at the fair value of the property, goods, or services or the fair value of the note receivable, whichever is more clearly determinable.
When accounting for long-term notes receivable, it is important to determine the value at which they should be recorded. This is done by comparing the fair value of the property, goods, or services that the note is linked to with the fair value of the note receivable itself. fair value is the most accurate representation of an asset's worth in the marketplace.
By recording long-term notes receivable at fair value, businesses can ensure that their financial statements accurately represent the value of the assets they hold. This allows for better decision-making and more accurate assessments of financial health. Additionally, recording at fair value ensures that the transaction is recorded consistently allowing for easier comparisons with other financial information.
In summary, long-term notes receivable should be recorded at the fair value of the property, goods, or services, or the fair value of the note receivable, whichever is more clearly determinable. This practice ensures accuracy and consistency in financial reporting, ultimately helping businesses make better decisions based on their financial position. Therefore the correct option is B
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what are some possible measures of maintenance department productivity? what are the pros and cons of using these measures? what steps can be taken to improve maintenance productivity?
There are many possible measures of maintenance department productivity. Some common measures include downtime reduction, preventive maintenance compliance, maintenance cost per unit, and response time.
Downtime reduction: This measures the amount of time that equipment or facilities are out of service due to maintenance activities. A reduction in downtime can indicate improved maintenance productivity.
Preventive maintenance compliance: This measures the percentage of scheduled preventive maintenance tasks that are completed on time. A high level of compliance can indicate effective planning and execution of maintenance activities.
Maintenance cost per unit: This measures the total cost of maintenance activities divided by the number of units produced. A reduction in maintenance cost per unit can indicate improved efficiency and cost-effectiveness of maintenance activities.
Response time: This measures the amount of time it takes for the maintenance department to respond to and resolve maintenance requests. A reduction in response time can indicate improved responsiveness and efficiency of maintenance activities.
Each of these measures has its own pros and cons. For example, downtime reduction and preventive maintenance compliance can provide useful information about the effectiveness of maintenance planning and execution, but may not capture the full range of maintenance activities or costs. Maintenance cost per unit and response time can provide useful information about the efficiency and cost-effectiveness of maintenance activities, but may not capture the full impact of maintenance on equipment reliability or production quality.
To improve maintenance productivity, several steps can be taken. These may include implementing a preventive maintenance program to reduce downtime and improve equipment reliability, using data analysis to identify and address common maintenance issues, providing training and development opportunities for maintenance personnel to improve their skills and knowledge, and implementing performance metrics and incentives to encourage continuous improvement in maintenance productivity.
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you are starting a business and need to hire somebody to keep track of inventory. the most important aspect for the job is that the person be at work on time every day. what personality trait does a candidate for this job need to be high in?
The personality trait that a candidate for the inventory tracking job needs to be high in is conscientiousness, as this trait is strongly correlated with reliability and punctuality.
Conscientiousness is a personality trait that reflects an individual's degree of responsibility, organization, and dependability. People who score high in conscientiousness are more likely to be punctual, follow through on their commitments, and adhere to rules and procedures.
As such, hiring someone who is high in conscientiousness would be ideal for a job that requires regular attendance and dependability, such as inventory tracking. They would be more likely to prioritize their job responsibilities and be on time every day, which is crucial for maintaining accurate and timely inventory records.
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you can acquire an existing business for $2 million. you are uncertain about future demand. there is a 40 percent chance of high demand, in which case the present value of the business will be $3 million. there is a 25 percent chance of moderate demand, and the associated present value is $1.5 million. finally, there is a 35 percent chance of low demand, in which case the present value is $1 million. draw a decision tree for this problem. what is the expected net present value of the business? should you invest? explain.
The expected net present value of the business is $1.625 million; therefore, you should invest.
A decision tree is a visual representation of every potential outcome for a choice based on specific criteria. It makes the expected value of prospective capital budgeting decisions clearer.
A decision tree can be depicted as follows:
By dividing each potential result by its chance and adding up all the outcomes, one may determine the estimated net present value of the company. The expected net present value of the business is:
(0.4 × $3 million) + (0.25 × $1.5 million) + (0.35 × $1 million) = $1.625 million
Since the expected net present value of the business is greater than $2 million, you should invest.
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what are the key components that argosy must put into place to create an environment for a successful bi and analytics program? how would this be done?
To create a successful BI and Analytics program, Argosy should put in place a comprehensive data architecture, data governance framework, and analytics tools and capabilities.
In order to create an environment for a successful BI and analytics program, Argosy must put into place several key components.
The first component is an understanding of the data that Argosy has available. This involves creating a comprehensive inventory of the organization’s data sources and determining what data is available, and how it can be used to support BI and analytics initiatives.
The second component is the development of an effective data governance framework. This framework should include data stewardship, roles and responsibilities, as well as policies and procedures for collecting, managing, and using data.
The third component is the implementation of an analytics platform. This platform should include a data warehouse, an ETL process, and a data visualization tool. The platform should be able to store, retrieve, and process data in order to provide insights and inform decision-making.
The fourth component is the development of a BI strategy. This includes defining objectives and setting goals for the BI program. It should also include a road map for the implementation of the program, and should define the roles and responsibilities for the staff involved in the program.
Finally, Argosy must ensure that the people involved in the program have the appropriate skills and
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which type of bond is a form of public finance paid off solely from specific, well-defined sources such as hotel taxes, ticket taxes, or other sources of public funding? general obligation bonds auction-rate bonds lease revenue bonds revenue bonds all of the above
Revenue bond is basically a type of bond which is a type of public finance which is paid from certain well-defined sources like ticket taxes, hotel taxes and some of the other sources of public funding.
The correct option is option D.
A revenue bond can basically be defined as a type or form of municipal bond which happens to get supported by the revenue that is generated from a specific source of public funding, for example highway, a toll bridge, hotel taxes, ticket taxes or a local stadium.
Revenue bonds that happen to finance the income producing sources or projects basically get secured by a certain source of revenue.
Hence, the correct option is option D.
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which of the following account relationships is correct? i. the relationship between sales and sales returns/allowances is directly proportional. ii. the relationship between sales and cost of goods sold is directly proportional. iii. the relationship between sales and accounts receivable is inversely proportional. iv. the relationship between sales and inventory is inversely proportional. a. ii only b. ii and iv only c. i and ii only d. i, ii, and iii
The correct answer is (a) ii only. The relationship between sales and cost of goods sold is directly proportional, meaning that as sales increase, cost of goods sold also increases.
This is because more sales mean more inventory is sold, and cost of goods sold is the cost of that inventory sold.
The relationship between sales and sales returns/allowances is inversely proportional, meaning that as sales increase, sales returns/allowances decrease. This is because a higher level of sales means a smaller percentage of returns/allowances.
The relationship between sales and accounts receivable is not necessarily proportional, as it depends on the company's credit and collection policies.
The relationship between sales and inventory is also not necessarily proportional, as it depends on the company's inventory management practices.
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What is the present value (PV) of $300,000 received seven years from now, assuming the interest rate is 9% per year? A. $180,000 B. $205,138 C. $164,110 D. $287,193
The present value (PV) of $300,000 received seven years from now, assuming the interest rate is 9% per year is $164110. The correct answer is C. $164,110.
The present value (PV) can be calculated using the formula:
[tex]PV = FV / (1 + r)^n[/tex]
Where:
- PV is the present value
- FV is the future value ($300,000 in this case)
- r is the interest rate (0.09 for 9% per year)
- n is the number of years (7 years in this case)
Step-by-step calculation:
1. Convert the interest rate to a decimal: 9% = 0.09
2. Add 1 to the interest rate: 1 + 0.09 = 1.09
3. Raise the result to the power of the number of years: [tex]1.09^7 = 1.8281[/tex]
4. Divide the future value by the result from step 3: $300,000 / 1.8281 ≈ $164,110
So, the present value (PV) of $300,000 received seven years from now, assuming the interest rate is 9% per year, is approximately $164,110. The correct answer is C. $164,110.
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lease answer the given four questions related to the market for loanable funds. what effect will an increase in interest rates have on the quantity of loanable funds supplied?
When the interest rate increases, the quantity of loanable funds supplied decreases. As the interest rate increases, the opportunity cost of lending rises, prompting lenders to limit their supply of loanable funds.
About Interest rate increaseFor instance, if a loan's interest rate is 10 percent, a lender can earn a 10 percent return on their investment. If interest rates rise to 15 percent, a lender will have an opportunity to earn a 15 percent return on their investment.
As a result, the opportunity cost of lending has increased. Because of this, the quantity of loanable funds supplied decreases.The loanable funds market refers to the interaction of lenders and borrowers in the market.
In order to lend money, lenders must have available funds, and borrowers must require funds to borrow money. In the loanable funds market, the supply of loanable funds is represented by the savings rate, while the demand for loanable funds is represented by the investment rate.
As a result, any increase in interest rates will result in a decrease in the quantity of loanable funds supplied. The relationship between the interest rate and the quantity of loanable funds supplied is inversely related.
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The accountant is only depositing the daily cash received every two
weeks, although deposits are recorded daily.
• Why should the owner be concerned about this practice? Briefly
explain.
• Suggest TWO actions that the owner can introduce to prevent
this in future
The owner should be concerned about the accountant's practice of depositing cash received daily only once every two weeks because it could lead to several issues.
What is an accountant?An accountant is a professional who specializes in the practice of accounting, which involves the recording, analysis, and interpretation of financial information for businesses and individuals. Accountants are responsible for maintaining accurate financial records, preparing financial statements, and ensuring compliance with tax laws and regulations. They provide financial advice and guidance to clients, help to identify areas where costs can be reduced, and work to improve the overall financial health of their clients or organizations. Accountants may work in a variety of settings, including public accounting firms, private companies, government agencies, and non-profit organizations. They typically have a strong understanding of finance and accounting principles, as well as excellent analytical and problem-solving skills.
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true or false: the deadweight loss from this tax would likely be smaller in the fifth year after it is imposed than in the first year as demand for heating oil becomes more elastic.
A tax on heating oil is expected to cause a deadweight loss in year five that is greater than in year one. The elasticity of demand is rather low in the first year for oil furnaces due to the possibility that owners may put off selling them for some time.
Provided statement is FALSE
As the demand for heating oil grows more elastic, it is possible that the deadweight loss from the tax would be lower in the fifth year after it is implemented than in the first. It is impossible to tell with certainty if this claim is false, however, without knowing more about the mechanics of the tax and the heating oil market.
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policy makers in the pre-great depression era were:aconvinced that recessions could only be fixed with a combination of expansionary fiscal policy and contractionary monetary policy.bin favor of using only fiscal policies to fight the economic booms caused by business cycles.cuncertain about the appropriate measure against a recession in the absence of any clear theory about the cause of business cycles.dusing expansionary fiscal and monetary policies to combat the harmful effects of recession on output and employment.eagainst using monetary policies to fight the economic downturns caused by business cycles.
Policymakers in the pre-Great Depression era believed that recessions required both expansionary fiscal and contractionary monetary policies. They were uncertain about the cause of business cycles and did not rely solely on fiscal or monetary policies.
Prior to the Great Depression, policymakers thought that dealing with recessions needed a mix of expansionary fiscal policy (increased government expenditure and lower taxes) and contractionary monetary policy. (increasing interest rates and decreasing the money supply). Because there was no distinct explanation about what caused economic cycles, policymakers were unsure of what steps to take.
To handle economic booms and busts, they did not depend exclusively on fiscal or monetary measures. Instead, policymakers used a mix of both to combat the recession's negative impacts on production and jobs. The use of monetary strategies to handle economic downturns was not opposed by policymakers.
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which of the following are ways to increase the capacity of a bottleneck?multiple select question.not spending any overtime hours on the bottleneckselling some of the machines at the bottleneckinvesting in additional machines at the bottleneckshifting workers from processes that are not bottlenecks to the process that is the bottleneck
The ways to increase the capacity of a bottleneck are investing in additional machines at the bottleneck and shifting workers from processes that are not bottlenecks to the process that is the bottleneck. The correct options are:investing in additional machines at the bottleneckshifting workers from processes that are not bottlenecks to the process that is the bottleneck
A bottleneck in production is defined as a process that, due to capacity constraints, becomes a limiting factor in the flow of products through a manufacturing plant. A bottleneck can be caused by a variety of factors, including suboptimal machine and labor capacity, inaccurate scheduling and planning, and excessive waiting times between production stages.A bottleneck can be resolved by increasing its capacity. The following are some ways to increase the capacity of a bottleneck:Investing in additional machines at the bottleneck: By investing in more machines, the bottleneck's capacity can be increased, for more products to flow through.Shifting workers from processes that are not bottlenecks to the process that is the bottleneck: By reallocating labor to the bottleneck, the process's capacity can be increased, allowing for more products to flow through.\
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an ethical leader with good interpersonal communication skills should . a. place employee needs over organizational needs b. never reprimand employees c. demonstrate both respect and firmness in communication d. avoid delivering negative news e. give up authority to maintain beneficial relationships
An ethical leader with effective interpersonal communication abilities should communicate with both respect and firmness. Thus, the correct option is C.
What is interpersonal communication?Interpersonal communication is the process of exchanging messages, thoughts, or information between two or more people. Interpersonal communication can occur in a variety of settings, including face-to-face conversations, phone calls, emails, and text messages.
An ethical leader with effective interpersonal communication abilities should communicate with both respect and firmness.
They should be able to listen to their employees and understand their needs while also being able to communicate their expectations and make tough decisions when necessary.
This combination of respect and firmness is necessary for building trust and maintaining positive relationships with employees while also ensuring that the organization is operating effectively and ethically.
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according to j. p. morgan's views, were more important than industrialists. a. bankers. b. workers. c. managers. d. politicians.
According to J.P. Morgan's views, bankers were more important than industrialists.
Here, correct option is a. bankers.
Let's learn a little more about J.P. Morgan's views: J.P. Morgan was an American financier and banker who played a key role in the development of the United States' financial system. He believed that bankers, rather than industrialists, were the most important members of society, as they controlled the flow of capital and credit that was essential to economic growth and development.
Morgan also believed that banking was a public service that required a high level of responsibility and integrity on the part of those who engaged in it.
Therefore, correct option is a. bankers.
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a(n) effect has occurred when a company's fdi of capital, technology, and management resources creates a positive contribution to a host country that might not otherwise be available. multiple choice question.
When a company's FDI of capital, technology, and management resources creates a positive contribution to a host country that might not otherwise be available, it creates a positive effect. The answer is B.
Positive.To be precise, FDI refers to a Foreign Direct Investment that occurs when a firm invests directly in new facilities or establishments to create or expand its overseas operation in a host country. FDI is a form of foreign investment that involves a company in one country investing in and managing operations in another country.The FDI of capital, technology, and management resources can create a positive effect on a host country in several ways.
These include, but are not limited to:FDI can create jobs, and it is frequently seen as a way to increase the workforce's productivity in the host country.FDI might assist in the transfer of knowledge and technology, as well as other intangible assets, from the investing company to the host country's economy.FDI can boost the host country's economy by increasing the availability of capital and other resources that may be lacking domestically.FDI can lead to increased competition in the host country's market, resulting in improved efficiency and productivity, which can be beneficial to the local economy.
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Note- This question is not a multiple choice question.
frank and two other machinists want to form a bargaining unit at nelson manufacturing. what is the first step frank and his coworkers need to take? group of answer choices becoming certified campaigning for election petitioning for election collecting authorization card signatures
The proper response, that is, is to collect signatures from authorization cards. (a). The initial action that Frank and his colleagues must take is to obtain the authorization cards' signature.
A person who has been granted permission to sign papers on behalf of the authorising company is referred to as an authorised signatory or signer. The document must be signed by both sides. As a result, it has judicial significance. Such a letter can be used as evidence in court if and when a legal problem arises. The letter should be signed by the individual receiving care, or by the carer on their behalf.When signing a letter on someone else's account, the Latin phrase per procurationem is abbreviated as pp.
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QUESTION
(a) collecting authorization card signatures
(b)campaigning for election
(c) becoming certified
d) petitioning for election
what is horizontal integration? group of answer choices the process of merging with a competitor at the same stage of the value chain the process of acquiring a competitor at a lower stage of the value chain the process of acquiring a competitor at a higher stage of the value chain the process of merging with a competitor at a different stage of the value chain
Horizontal integration is a business strategy where a company acquires or merges with a competitor that operates in the same stage of the value chain.
The aim of horizontal integration is to increase market share, reduce competition, and achieve economies of scale by combining resources, capabilities, and expertise. This strategy allows the company to expand its operations in the same industry and gain access to new markets and customers. Horizontal integration can also lead to cost savings by eliminating duplicated functions and streamlining operations. However, it can also lead to antitrust concerns if it results in a dominant market position and reduces competition.
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earnings per share, return on sales, and return on equity are all examples of: a. profitability ratios. b. leverage ratios. c. liquidity ratios. d. equity ratios.
earnings per share, return on sales, and return on equity are all examples of profitability ratios.
The correct answer is a. profitability ratios.
A company's profitability can be determined by looking at its earnings per share (EPS), return on sales (ROS), and return on equity (ROE).
Whereas ROS calculates the percentage of each dollar of sales that are used for profit, EPS calculates the amount of profit made per share of stock. The return on equity (ROE) evaluates the profit generated per dollar of shareholder equity.
Profitability ratios assist analysts and investors in determining a company's capacity for profit-making as well as its general financial performance.
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if aggregate production is greater than aggregate expenditures, group of answer choices there will be an increase in saving. there will be an increase in inventories. firms will then increase production. firms will then increase prices.
If aggregate production is greater than aggregate expenditures, then "there will be an increase in inventories. The correct option is B.
If aggregate production is greater than aggregate expenditures, there will be excess supply. Firms would then hold onto the unsold goods, which would increase inventories. An increase in inventories may have a positive impact on the economy.
It can be argued that an increase in inventories represents positive expectations about the future since producers anticipate that they can sell more goods in the future if the goods are held in inventory. As a result, increased inventories are seen as a harbinger of future economic expansion.
In addition to the increase in inventories, if aggregate production is greater than aggregate expenditures, there may be downward pressure on prices. As a result, producers may attempt to reduce prices to boost sales. Furthermore, there could be a decrease in profits, which could discourage future production.
Option B is the correct answer.
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beachwood classics makes furniture for children. it has received a special order for 1,500 units that will require it to sell a unit (a table and two chairs) for $35. the regular average selling price is $40 per unit. the unit product cost is broken down as follows: direct labor, $5.50; direct materials, $8.75; variable overhead, $ 1.75; and fixed overhead, $3.25. beachwood will incur $2,500 in sales commissions and shipping costs for the special-order. the company had already budgeted its production at 6,500 units. if the company is operating at full capacity, what will be the incremental contribution of the special-order to its profit?
The additional profit generated by the customized order will be $49980.75
profit = price - cost
=1500*35-5.50+ $8.75+ $ 1.75+$3.25+$2,500 =49980.75
Profit in economics is the difference between an economic entity's revenue from outputs and all of its input costs. It is equivalent to total income less total expenses, which includes both direct and indirect expenses. It's distinct from accounting profit, which only pertains to the costs that are explicitly stated on a company's financial accounts. Accounting profit is calculated by subtracting the company's entire revenue from its explicit costs. While examining a corporation, an economist takes into account all costs, both apparent and implicit. Economic profit is therefore less than accounting profit. Economic profit is frequently considered in addition to normal profit. In the business world, a company making normal profits is one that earns revenue that is equal to the total costs incurred in its operation,
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industries that are made up of many competing producers, each selling a differentiated product, and whose firms earn zero economic profits in the long run are:
The Industries that are made up of many "competing-producers", each selling a differentiated product, and whose firms earn zero economic profits in the long run are called monopolistic competition.
In a monopolistic competitive-market, each firm produces a slightly different product that is not perfect substitutes for its competitors' products.
This allows firms to have some pricing power, but they still face competition from other firms offering similar products.
As a result, firms cannot charge higher prices without losing market share to their competitors, which keeps profits in check in the long run.
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The given question is incomplete, the complete question is
The industries that are made up of many competing producers, each selling a differentiated product, and whose firms earn zero economic profits in the long run are called as ?
1. do you think walmart is doing enough to become more sustainable? 2. what are the ethical issues walmart has faced? 3. how is walmart attempting to answer concerns regarding misconduct?
Regarding the question of Walmart and sustainability, Walmart is taking steps to become more sustainable, Walmart has been accused of mistreating employees and Walmart has taken several measures to address the issue.
1. Do you think Walmart is doing enough to become more sustainable?Regarding the question of Walmart and sustainability, Walmart is taking steps to become more sustainable. In the year 2005, they declared a corporate sustainability campaign named "Sustainability 360," which aims to lower carbon emissions and waste while also increasing the efficiency of its supply chain.
Walmart has also launched several initiatives aimed at reducing its carbon footprint. For instance, they have been working with suppliers to enhance sustainability in their operations, which has resulted in significant environmental advantages.
Walmart's commitment to sustainability is demonstrated by its efforts to create zero waste and use only renewable energy, among other things.
2. What are the ethical issues Walmart has faced?Walmart has confronted various ethical issues throughout the years. Walmart has been accused of mistreating employees, discriminating against female workers, forcing suppliers to lower their prices to meet Walmart's demands, and opposing unions.
Walmart has also been accused of violating the law by using undocumented workers, violating child labor regulations, and polluting the environment.
3. How is Walmart attempting to answer concerns regarding misconduct?Regarding the issue of Walmart's misconduct, Walmart has taken several measures to address the issue. They created a Global Ethics Office in 1992 to ensure that ethical values are integrated into their daily operations. Walmart has implemented an open-door policy, which allows employees to voice their concerns and report misconduct.
Walmart has also established a compliance team to identify areas of risk and prevent violations of the law. In addition, they have launched an anti-corruption program aimed at preventing bribery and other forms of corruption. Walmart has also created an ethics hotline, where employees can anonymously report concerns.
These are some of the ways Walmart is trying to address misconduct.
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if the average price of a three-bedroom house was $80,000 in 1950 when the cpi was 15.2, what would it cost in 2017 after correcting for inflation if the cpi in 2017 was 207? group of answer choices $5,874. $1,089,474. $1,216,000. $16,560,000.
If the average price of a three-bedroom house was $80,000 in 1950 when the CPI was 15.2, it would cost in 2017 after correcting for inflation is 1089474 if the CPI in 2017 was 207. So the option B is correct.
The average price of a three-bedroom house was $80,000 in 1950.
The CPI was 15.2.
We have to determine what it would cost in 2017 after correcting for inflation if the CPI in 2017 was 207.
If at the CPI of 15.2 the house worth $80,000.
So, at the CPI of 207 the house worth = 207 × $80,000/15.2
At the CPI of 207 the house worth = 16,560,000/15.2
At the CPI of 207 the house worth = 1089474
Option B is correct choice.
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in a period of rising prices, fifo will have group of answer choices lower net income than lifo. lower cost of goods sold than lifo. lower income tax expense than lifo. lower net purchases than lifo.
When prices are increasing, the FIFO method has a lower net income than the LIFO method.
The first-in, first-out (FIFO) and last-in, first-out (LIFO) are two methods used in inventory management to account for the cost of goods sold (COGS). LIFO assumes that the last items bought are the first ones to be sold, while FIFO assumes that the first items bought are the first ones to be sold.As the cost of goods increases, LIFO will produce a higher COGS and, as a result, a lower net income than FIFO.
When the price level increases, the LIFO method will result in a higher COGS, lower taxable income, and a lower tax payment, which is why many firms use it. As a result, when costs are increasing, the FIFO method is superior because it results in a lower COGS and a higher taxable income.
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it is the beginning of the year. stock abc sells for $40 a share. its likely dividend payout and end-of-year price depend on the state of the economy by the end of the year as follows: state of the economy dividend stock price boom normal economy recession $2.00 $50 $1.00 $43 $0.50 $34 all three scenarios are equally likely, i.e., the probability of us ending up in a boom is 1/3, the probability of us ending up in a normal economy is 1/3, and the probability of us ending up in a recession is 1/3. a. calculate the expected return and standard deviation of the return.
The potential returns are the dividend plus the end-of-year stock price minus the beginning-of-year stock price, divided by the beginning-of-year stock price.
To calculate the expected return with the stock price, we need to find the weighted average of the potential returns based on their probabilities.
For the boom scenario: (2 + 50 - 40) / 40 = 0.3 or 30%
For the normal economy scenario: (1 + 43 - 40) / 40 = 0.1 or 10%
For the recession scenario: (0.5 + 34 - 40) / 40 = -0.15 or -15%
Therefore, the expected return is (0.3 x 1/3) + (0.1 x 1/3) + (-0.15 x 1/3) = 0.05 or 5%.
To calculate the standard deviation of the return, we first need to find the variance of the return. The variance is the sum of the squared deviations from the expected return, multiplied by their probabilities, divided by the number of scenarios minus one.
For the boom scenario: (0.3 - 0.05)² x 1/3 = 0.00375
For the normal economy scenario: (0.1 - 0.05)² x 1/3 = 0.000625
For the recession scenario: (-0.15 - 0.05)² x 1/3 = 0.005625
The variance is the sum of these values, which is 0.009. Therefore, the standard deviation of the return is the square root of the variance, which is 0.095 or 9.5%.
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consider the following story: province ranch, an industry leading provider in vehicle insurance, recently expanded to cover motorhomes. province ranch had concerns that the most likely motorhome insurance customers are those who drive their motorhomes in high-density traffic areas (thus exposing them to the most damage on the road), because they would benefit most from insurance coverage. since province ranch is unable to distinguish perfectly between high-risk and low-risk areas, it raised its motorhome premiums in an effort to account for the riskier drivers. the economic problem in this story is known as: screening adverse selection signaling moral hazard
Adverse selection is the name for the economic issue in this narrative. It increased its motorhome insurance rates to reflect the riskier drivers.
The social science of economics examines how products and services are made, distributed, and consumed. Economics is the study of scarcity and its effects on resource use, the creation of commodities and services, the expansion of production and welfare over time, as well as a host of other intricate issues of utmost significance to society. Economics is the study of how people allocate limited resources for production, distribution, and consumption among individual and community uses. Economics has two subfields: macroeconomics and microeconomics. The basic objective of economics is to maximize exchange and production efficiency. A 20th-century definition of economics by English economist Lionel Robbins was "the field that evaluates human behavior as a link between scarce resources that have alternative uses and (given) purposes."
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if the future value of an ordinary 2 year annuity is 15800 and interest rates are 2.0% what is the future value of the same annuity due
The future value of the same annuity due is approximately 8019.09. To find the future value of the same annuity due, we first need to determine the annual payment for the ordinary annuity.
1. Calculate the annuity factor for a 2-year ordinary annuity at 2% interest rate:
Annuity factor = (1 - (1 + r)^-n) / r
Where r = interest rate, n = number of years
Annuity factor = (1 - (1 + 0.02)^-2) / 0.02 = 1.9704
2. Determine the annual payment for the ordinary annuity:
Annual payment = Future value / Annuity factor
Annual payment = 15800 / 1.9704 = 8019.39
3. Calculate the annuity factor for a 2-year annuity due at 2% interest rate:
Annuity factor due = (1 - (1 + r)^-(n-1)) / r
Annuity factor due = (1 - (1 + 0.02)^-1) / 0.02 = 0.9804
4. Determine the future value of the annuity due:
Future value of annuity due = Annual payment * Annuity factor due
Future value of annuity due = 8019.39 * 0.9804 = 7857.93
5. Adjust the future value for one additional interest period (since the annuity due earns interest for an extra period compared to the ordinary annuity):
Future value of annuity due (adjusted) = Future value of annuity due * (1 + r)
Future value of annuity due (adjusted) = 7857.93 * (1 + 0.02) = 8019.09. So, The future value is 8019.09.
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rather than looking for an existing opportunity, entrepreneurs search for work. question 4 options: true false
Rather than looking for an existing opportunity, entrepreneurs search for work. This statement is false.
What is an entrepreneur?An entrepreneur is a person who is self-employed and has started their own company. Entrepreneurs are usually motivated by the prospect of creating something new and solving problems that others have failed to address.
Entrepreneurs, on the other hand, are always on the lookout for new business opportunities and ways to expand their companies.
Entrepreneurial successEntrepreneurship can be difficult, and the majority of new businesses fail within the first few years of operation. However, those who succeed as entrepreneurs have a few things in common.
Successful entrepreneurs are typically passionate about their work, have a strong understanding of their market and target audience, and are willing to work tirelessly to achieve their objectives.
They are resourceful, adaptable, and capable of identifying and seizing opportunities that others have overlooked.
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Answer:
False, they look for opportunities. I struggled to find the answer too in the lesson. You can find it in Lesson 4 of the Culinary Business and Entrepreneurship unit.
Explanation:
" Rather than looking for work, entrepreneurs search for existing opportunity. Part of this effort comes from researching the environment—what’s hit big, what hasn’t—and identifying places where a void needs to be “filled” by something new. "