Answer:
A non-binding price ceiling
(iii) is set at a price above the equilibrium price.
Explanation:
Generally, a non-binding price ceiling is set at a price that is greater than or equal to the market equilibrium price. The price ceiling is the maximum price chargeable. The opposite of a price ceiling is the price floor (the minimum price that can be charged). A binding price floor, like a non-binding price ceiling, is usually set above the market equilibrium price, while a binding price ceiling is set below the market equilibrium price.
2. What is the difference between international marketing and global marketing
Answer:
Global and international
plz follow and thanks me
Explanation:
Global marketing views the whole world as one, and creates products that will only require weeks to fit into any regional marketplace.
International marketing means that marketing decisions are made in the individual countries, with staff who is the most knowledgeable about the target markets.
hope it's help
Two jobs were worked on during the year: Job A-101 and Job A-102. The number of direct labor-hours spent on Job A-101 and Job A-102 were 1,200 and 1,000, respectively. The actual manufacturing overhead was $37,000. What was the amount of manufacturing overhead applied to Job A-101
Answer: $18000
Explanation:
Here's the complete question:
Midwest Corporation has provided the following data concerning manufacturing overhead for 2020: Estimated manufacturing overhead for the year$30,000 Estimated direct labor hours for the year 2,000 Two jobs were worked on during the year: Job A-101 and Job A-102. The number of direct labor-hours spent on Job A-101 and Job A-102 were 1,200 and 1,000, respectively. The actual manufacturing overhead was $37,000. What was the amount of manufacturing overhead applied to Job A-101?
The overhead rate will be:
$30,000 ÷ 2,000
= $15
Then, the amount of manufacturing overhead that is being applied to Job A-101 would be:
= $1,200 × $15
= $18,000
I need help please .
Answer:
Yes I think it does. News channels can be saying different opinions.
No I do not. People would like to hear the whole story.
Explanation:
Which of the following is generally regarded by academics as being the best single method for evaluating capital budgeting projects?
a. Net present value (NPV) method
b. Discounted payback method
c. Internal rate of return (IRR) method
d. Payback method
e. Modified internal rate of return (MIRR) method
Answer:
a. Net present value (NPV) method
Explanation:
Capital budgeting can be regarded as process that is been utilized by business or evaluation of potential major projects as well as investment. Example of project that business usually employ this method for is Construction of new plant by a company. One of the method use in capital budgeting is Net present value (NPV) method, this method allows to know current value of the cash flow that will come up in the future by the project as well as the initial capital investment. It should be noted that Net present value (NPV) method is generally regarded by academics as being the best single method for evaluating capital budgeting projects
Which of the following is one of the three stages in preparing a cash budget?
A. Calculating financial Ratios
B. Estimating expenses
C. Calculating Depreciation Expenses
D. Finalizing the Balance Sheet
E. Preparing the Bank Reconcilation Report
Hello
I am not sure ..but still I think ..
Estimating expenses
Hope it helps. .
please mark me as brainliest
Estimating expenses is one of the three stages in preparing a cash budget. The correct option is B.
What is the cash budget method?A cash budget is an organization's projection of its expected cash inflows and outflows over a given time frame, which may be weekly, monthly, quarterly, or annually. To assess whether it has enough cash on hand to maintain operations for the specified period, a corporation will utilize a cash budget.
The four components of the cash budget—cash revenues, cash disbursements, the net change in cash for the period, and new financing needed—represent a thorough plan of future cash flows. A cash budget assists in preventing a cash crunch during times when a business faces a large volume of expenses.
Thus, the ideal selection is option B.
Learn more about cash budget here:
https://brainly.com/question/15865418
#SPJ2
Ragland Corp. purchases supplies on account for $1,000 and appropriately records the transaction in an asset account. A count of inventory at year-end indicates that $300 of supplies are remaining. The adjusting journal entry required at year-end includes (Select all that apply.)
Answer:
adjusting journal entry :
Debit : Supplies Expenses $700
Credit : Supplies Account $700
Explanation:
The adjustment that is required is the one that shows how the supplies have been utilized during the reporting period.
When supplies are used we Debit : Supplies Expenses and Credit : Supplies Account by the amount of the decrease (amount used). Thus, the adjusting journal entry required is :
Debit : Supplies Expenses $700
Credit : Supplies Account $700
In June, an investor purchased 300 shares of Oracle stock at $20 per share. In August, she purchased an additional 400 shares at $25 per share. In November, she purchased an additional 400 shares, but the stock declined to $23 per share. What is the weighted mean price per share?
Answer:
$22.91
Explanation:
Calculation for What is the weighted mean price per share
Weighted mean price per share=300 shares*$20 per share+400 shares*$25 per share+400 shares*$23 per share÷300 shares+400 shares+400 shares
Weighted mean price per share=$6,000+$10,000+$9,200/1,100
Weighted mean price per share=$25,200/1,100
Weighted mean price per share=$22.91
Therefore the weighted mean price per share will be $22.91
Which feature would clickstream analysis typically capture
Answer:
A.
eye color of the consumer
B.
typing speed of the consumer
C.
model of the mouse on the consumer’s machine
D.
last web page the consumer visited
Explanation:
Answer: D the last web page the consumer visited
Explanation: D is the answer for Plato
Suppose we are analyzing the market for coffee. For each of the events given below, state he demand curve and/or the supply curve would shift, provide reasons for the whether t shift, and indicate the effect on the equilibrium price and equilibrium quantity. (12 marks)
a. The price of tea, a substitute for coffee, falls.
b. The price of coffee beans decreases
c. A better method of harvesting coffee beans is introduced.
d. Consumer income falls because of a recession, and coffee is considered a normal g
e. Farmers expect the price of coffee beans to increase next month.
f. Currently, the price of coffee is $2.50 per cup above equilibrium.
Answer:
a. The price of tea, a substitute for coffee, falls.
demand curve will shift to the left, decreasing the equilibrium quantity and decreasing equilibrium price of coffee.
b. The price of coffee beans decreases
the supply curve will shift to the right, increasing total quantity supplied and decreasing equilibrium price.
c. A better method of harvesting coffee beans is introduced.
the supply curve will shift to the right, increasing total quantity supplied and decreasing equilibrium price.
d. Consumer income falls because of a recession, and coffee is considered a normal g
demand curve will shift to the left, decreasing the equilibrium quantity and decreasing equilibrium price of coffee.
e. Farmers expect the price of coffee beans to increase next month.
supply curve will shift to the left, since coffee bean farmers will not sell their products until the price rises. This will cause a shortage in the supply of coffee beans and a shortage int he supply of coffee, resulting in a higher equilibrium price.
f. Currently, the price of coffee is $2.50 per cup above equilibrium.
the demand curve will shift to the left, decreasing quantity demanded and decreasing equilibrium price
Explain the role that distribution plays in getting a product to customers.
Answer:
Please see below
Explanation:
Distribution means getting the goods produced from manufacturers to wholesalers, retailers and then final consumers. It enables consumers who are the last chain in the distribution processes, have access to the goods produced.
Distribution plays an important role in business operations by improving the relationship between manufacturers and consumers through continuous adjustments of the bottlenecks taken during the distribution processes.
Moreover, as a business grows, the importance of distribution cannot be over emphasised because customers trust that the goods purchased would be brought to them in a timely manner and without any other complaints by them.
a 5-year term bond was issued by a company on january 1, 2017 at a discount. the carrying amount of the bond at december 31, 2018 will be:
Answer:
the options are missing, so I looked for them:
The same as the carrying amount at January 1, 2017.Higher than the carrying amount at December 31, 2017.The same as the carrying amount at December 31, 2017Lower than the carrying amount at December 31, 2017.The correct option is 2. Higher than the carrying amount at December 31, 2017.
Explanation:
When a company issues a bond at a discount the journal entry should be:
Dr Cash
Cr Bonds payable
Cr Discount on bonds payable
As time goes on, the discount on bonds payable is amortized increasing total interest expense, but also increasing the bonds carrying value.
The study of how goods and services are produced, consumed, exchanged, and distributed through a system of resources, markets, institutions, and agents is known as __________.
Answer: Economics
Explanation:
Economics is a very important part of our daily lives as without it we would not have an understanding of the way the economy runs which will lead to even more suffering than human society today.
Economics encompasses the study of the production of goods and services as well as how these goods and services are consumed and exchanged. It encompasses the resources, markets and institutions needed to keep these goods flowing.
In the United States, the driving force of the economy is which of the following?
a) net foreign sector
b) government purchases of goods and services
c) personal consumption expenditures
d) gross private domestic investment
C. personal consumption expenditures
You decide you want to be a millionaire. You deposit $50,000 in an investment account that earns 9% per year. The money in the account will be distributed to you whenever the total reaches $1,000,000. If you are 27 now, how old will you be when you get the money (rounded to the nearest year)
Answer:
62 years
Explanation:
PV = -50,000
FV = 1,000,000
I/Y = 9 %
CPT N = ?
So, we use the Financial calculator to find n
N = 34.76
How old I will be when i get the money = 27 + 34.76 = 61.76 ≅ 62 years
Zellers, Inc. is considering two mutually exclusive projects, A and B. Project A costs $75,000 and is expected to generate $48,000 in year one and $45,000 in year two. Project B cost $80,000 and is evpected to generate $34,000 in year one, $37,000 in year two, $26,000 in year three, and $25,000 in year four. Zellers, Inc.'s required rate of return for these projects is 10%. The net present value for Project B is:
Answer:
$18,097.12
Explanation:
Year Costs)/revenues Discount factor Present value
0 -$80,000.00 1 -$80,000.00
1 $34,000.00 0.909090909 $30,909.09
2 $37,000.00 0.826446281 $30,578.51
3 $26,000.00 0.751314801 $19,534.18
4 $25,000.00 0.683013455 $17,075.34
Total $18,097.12
So, the net present value for Project B is $18,097.12
Note:
Net present value = Present value of cash outflows - Present value of cash in flows.
Discounting factor at 10% ==> Year 0 = 1/1+d)^0 = 1/(1+0.1)^0 = 1/(1.1)^0 = 1/1 = 1
About COMM101
Keep Pushing and Grind! Achieve your unfulfilled potential! Watch this short video of Denzel Washington give a speech. Listen to his pause, rhythm, and execution. Practice, perfect, and execute. Provide comment on how this class has helped with public speaking in 6 to 10 sentences.
QUESTION 3
Fatin is the owner of Radar PC & Printers. She purchased 10 printers and 20 toners at RM500
and RM150 each. The invoice as dated 14 December 2020. She was offered a series trade
discount of 12%, 8% and cash discount term 7/10, 5/20 and n/30. Fatin paid the invoice on 30
December 2020.
a) Find the amount paid on 30 Dec 2020
(3 marks)
b) Find the net price of a printer
(1.5 marks)
c) Find the net price of a toner
(1.5 marks)
d) Find the total selling price if the owner wanted a net profit of 25% based on selling price
and operating expenses are 15% based on cost.
(3 marks)
e) Find the selling price of a printer and a toner
(3 marks)
f) Fatin managed to sell 8 printers and 15 toners at price in (e). The remainder was sold at
a markdown of 15% Do Fatin making any profits?
(5 marks
END OF QUESTION
Answer:
a) 6,730.40
b) 418
c) 131.10
Explanation:
price after trade discount:
printer = 500 x (1 - 12%) = 440
toner = 150 x (1 - 8%) = 138
since the invoice was paid during the discount period, the total amount paid on December 30 was [(440 x 10) + (20 x 138)] x (1 - 5%) = 6,730.40
net price per unit:
printer = 440 x 0.95 = 418
toner = 138 x 0.95 = 131.10
d) total cost including operating expenses = (6,730.40 x 1.15) = 7,739.96
selling price = 7,739.96 / 0.75 = 10,319.95 ≈ 10,320
e) (printer + toner) x 1.15 = (418 + 131.10) x 1.15 = 631.465
selling price of 1 printer and 1 toner = 631.465 / 0.75 = 841.95 ≈ 842
f) yes, a profit was made since the original selling price was calculated assuming a 25% net profit, and the discount was only 15%
Why do you think L.L. Bean empowered its employees to make independent decisions that ultimately have financial consequences?
Answer:
(Note please, the background of L.L. Bean was not stated. I am answering on a general note.)
L.L. Bean empowered its employees to make independent decisions that ultimately have financial consequences so as to save time needed to consult superior authorities for directions.
Explanation:
In the course of business, some customers might have needs and inquiries that have to be responded to on the spot so that they do not lose their patience and move to other competitors.
When an organization empowers its employees to make independent decisions that might affect the company financially, it is in a bid to serve the customers better by saving their time. This also instills trust and confidence in the company because the employees are knowledgeable of their services.
Generally, a tax preparer must never provide a copy of a taxpayer's tax return to any other party. However, there are two exceptions allowing for limited disclosure. What are these exceptions
Answer:
A tax preparer can disclose a taxpayer's information with another tax preparer that works in the same firm that he/she does, as long as they are both located in the US.
A tax preparer can disclose a taxpayer's information with another tax preparer that does not work in the same firm that he/she does, are both located in the US, and the purpose of the disclosure is to provide auxiliary services or assist in the preparation of a tax return of a another taxpayer.
45. Mia is a single, nonresident alien who began studying in the U.S. in 2018 in F-1 immigration status from Australia. She has wages of $6,700, interest income from her savings account of $230, $50 of dividends, and sold $3,000 of U.S. stocks for a $100 capital gain. She donated $2,000 of the proceeds to a local charity. Could Mia have her return completed at a Foreign Student and Scholar VITA site that has properly certified volunteers
Answer:
Mia could have her return completed at a Foreign Student and Scholar VITA site that has properly certified volunteers.
Explanation:
Nonresident aliens are non-US citizens. They are expected to pay taxes on the income they earn in the U.S. An F1 immigration visa is a nonimmigrant visa for those wishing to study in the U.S. Since Mia earns some income in the US, she is expected to pay her U.S. taxes. Provided the Foreign Student and Scholar VITA site has properly certified volunteers, Mia can have her tax return completed at the site.
Jack retired five years ago and now lives on a fixed-income annuity and a small savings account that pays him 1% interest on the balance. The current inflation rate is 1.7%. * 10 points A. Hurt B. Helped C. Unaffected
Answer:
Hurt
Explanation:
Inflation is a persistent rise in general price level.
Nominal interest = inflation rate + real interest rate
If inflation is 1.7% and he is paid 1% interest. The inflation level is higher than interest paid. So, Jake is hurt because he is not compensated for the inflation level
Quinn and Courtney manage a factory in the toy air- plane industry, which is perfectly competitive in both the product market and the factor market. They have compiled the following per-day data on worke productivity umber of workers 0 4 arginal product 6 4 2
The price of toy airplanes is $100, the wage per worker is $200, and the rent per machine is $400. Assume the firm always produces the profit- maximizing quantity of airplanes using the cost- minimizing combination of inputs. If the marginal product of capital is 4, how many workers do Quinn and Courtney hire?
This question is incomplete, the complete question is;
Quinn and Courtney manage a factory in the toy air- plane industry, which is perfectly competitive in both the product market and the factor market. They have compiled the following per-day data on worker productivity
Number of workers 0 1 2 3 4 5 6
Marginal product -- 6 5 4 3 2 1
The price of toy airplanes is $100, the wage per worker is $200, and the rent per machine is $400.
Assume the firm always produces the profit- maximizing quantity of airplanes using the cost- minimizing combination of inputs. If the marginal product of capital is 4, how many workers do Quinn and Courtney hire?
Answer: Quinn and Courtney should hire Five ( 5 ) Workers
Explanation:
Given data;
Number of workers 0 1 2 3 4 5 6
Marginal product -- 6 5 4 3 2 1
price of toy P = $100
Wage of worker W = $200
Rent per machine r = $400
Now we know that a profit maximizing organization hire workers till the region or point where their marginal revenue product of labor equals the wages they pay.
so MRPL = Wage
Marginal product labor MPL × price = wage
we substitute
MPL × $100 = $200
MPL = $200 / $100
MPL = 2
So Marginal product labor is 2
Now if we check the table provided in the question;
we will find that a marginal product of 2 corresponds to 5 number of workers.
Therefore Quinn and Courtney should hire Five ( 5 ) Workers
The number of workers do Quinn and Courtney hire is 5.
The calculation is as follows:
MRPL = Wage
Marginal product labor MPL × price = wage
So,
MPL × $100 = $200
MPL = $200 ÷ $100
MPL = 2
So Marginal product labor is 2
Here we determine that a marginal product of 2 corresponds to 5 number of workers.
Learn more: brainly.com/question/16911495
Determine which shipping alternative would be most economical to ship 125 boxes of parts when each box has a price of $200 and holding costs are 30 percent of price, given this shipping information: overnight, $300, two-day, $260, six-day, $180. (Round your intermediate calculations to 2 decimal places.)
Answer: Two-day option at $301.10
Explanation:
Total cost = Cost of Shipment + (H * shipment time)/365
H = Annual earning potential = 125 units * (200 * 30%)
= $7,500
Overnight shipping:
= 300 + 7,500 * 1/365
= $320.55
Two-day
= 260 + 7,500 * 2/365
= $301.10
Six-day
= 180 + 7,500 * 6/365
= $303.29
The Two-day option would be most economical.
A medical facility does MRIs. Occasionally, the test yield inconclusive results and have to be repeated. Using the following sample data and n = 100, determine the UCL (to three decimals) for a two-sigma control chart.
Sample 1 2 3 4 5 6 7 8 9 10
Number of Retests 4 11 6 10 4 6 1 6 9 11
a) 0.118.
b) 0.068.
c) 0.144.
d) 0.129.
Answer:
a) 0.118.
Explanation:
The computation of the UCL is shown below:
Given that
N = 100
Sample Sample size Number of retests fraction defective
1 100 4 0.04
2 100 11 0.11
3 100 6 0.06
4 100 10 0.1
5 100 4 0.04
6 100 6 0.04
7 100 1 0.01
8 100 6 0.06
9 100 9 0.09
10 100 11 0.11
Total 1,000 68
Now p is
= 68 ÷ 1000
= 0.068
Now the standard deviation is
= √p(1 - p) ÷ √n
= √0.068 × (1 - 0.068) ÷ √100
= 0.025
Now the UCL is
= p + z × standard deviation
= 0.068 + 2 × 0.025
= 0.118
As a result of technological innovation, automated water pumps are being installed on the farms of Kenyan tomato farmers. As a result of the increased use of automated water pumps, the equilibrium price of tomatoes will:
Answer: Fall due to increase in supply
Explanation:
The automated water pumps will help in irrigation of tomatoes as a result of this, sooner or later the problem of irrigation will be solved and there will be more production of tomatoes.
If the demands remains unchanged in the market for the tomatoes then it will lead to lower equilibrium price and the quantity increases.
Due to the automated water pump there will be a rise in the quantity of the tomatoes so the price equilibrium will fall.
How do my educational choices connect with my long-term goals and vision for life?
Answer: They allow you to connect every choice you make to something larger (which ... RescueTime Goals help you stay committed to your long-term vision, stay ... Why it's so important to have long term goals for your career and personal life ... Creativity; Knowledge; Learning; Leadership; Recognition; Stability.
Explanation: -pls mark me as brainliest and thank me
Durban Metal Products, Ltd., of the Republic of South Africa makes specialty metal parts used in applications ranging from the cutting edges of bulldozer blades to replacement parts for Land Rovers. The company uses an activity-based costing system for internal decision-making purposes. The company has four activity cost pools as listed below: Activity Cost Pool Activity Measure Activity Rate Order size Number of direct labor-hours $ 16.20 per direct labor-hour Customer orders Number of customer orders $ 363.00 per customer order Product testing Number of testing hours $ 85.00 per testing hour Selling Number of sales calls $ 1,487.00 per sales call The managing director of the company would like information concerning the cost of a recently completed order for heavy-duty trailer axles. The order required 170 direct labor-hours, 12 hours of product testing, and 3 sales calls. Required: What is the total overhead cost assigned to the order for heavy-duty trailer axles
Answer:
the total overhead cost assigned is $8,598
Explanation:
The computation of the total overhead cost assigned is shown below;
= $16.20 × 170 direct labor hours + $363 × 1 customer order + $85 × 12 hours of product costing + $1,487 × 3 sales calls
= $2,754 + $363 + $1,020 + $4,461
= $8,598
Hence, the total overhead cost assigned is $8,598
The same is to considered and relevant
what type of business is the orthodontic practice where Amy works?
Answer:
I think its a dental practice.
Answer:
Dentistry
Explanation:
Orthodontics is a specialty of dentistry that deals with the correction of misaligned teeth. Basically a dentist who specializes in braces.
Assume that Chris and Heather get married in 2019 and file a joint return. What is their taxable income and income tax
Question Completion:
Chris and Heather are engaged and plan to get married. Chris is a full-time student and earns $8,500 from a part-time job. With this income, student loans, savings, and nontaxable scholarships, he is self-supporting. For the year, Heather is employed and reports $83,600 in wages.
Answer:
Chris and Heather
Taxable income and income tax (jointly):
Gross income $92,100
Standard deduction 24,000
Taxable income $68,100
Income tax $14,982
Explanation:
Chris' income = $8,500
Healther's wage= $83,600
Gross income = $92,100
Standard deduction (jointly) = $24,000
Income tax rate = 22%
Income tax (jointly) = 22% of $68,100 = $14,982
A decrease in the money supply will shift the aggregate __________ curve to the __________.
a. supply: left.
b. supply: right.
c. demand, left.
d. demand: right.
Answer: c. demand, left.
Explanation:
When money supply decreases in the economy there will be less cash available for people to spend on consumption as well as investment which are both components of the Aggregate demand curve.
The curve will therefore shift to the left to reflect that Aggregate demand has decreased as a result of the decrease in money supply.