Answer and Explanation:
The computation is shown below:
a. The rate of return in percentage is
= return ÷ investment
= $15 ÷ $150
= 10%
b. The economic profit is
= rate of return - normal profit rate
= 10% - 5%
= 5%
c. As the economic profit is more than 0 so it should be the entry
d. The rate of return in the long-run equilibrium to the 5% as the rate of return should be equivalent to the normal rate of profit
Describe the auto industry in terms of the five market characteristics
Answer:
comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. ... The word automotive comes from the Greek autos (self), and Latin motivus (of motion), referring to any form of self-powered vehicle.
The auto industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles.
Why is the automobile industry?Automobiles can increase the quality of life through increased mobility, comfort, and safety. The industry also contributes to job creation and skill development. Its numerous forward and backward links bring both direct and indirect employment.
What type of market is the automobile industry?The US automobile industry is a good example of an oligopoly. It consists mainly of three major firms, General Motors (GM), Ford, and Chrysler. The influence of this oligopoly can be seen in the prices and the development and introduction of new car models into the American car market.
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What is the median of this
data?
3, 4, 7, 6, 1
Question 26 of 40
What is warehousing?
A. Production of products
B. Selling of products to consumer
C. Holding goods that are awaiting sale or movement
D. Providing raw materials for production
SUBMIT
Answer: The answer is C
Explanation:
Holding goods that are awaiting sale or movement is warehousing. Hence, option C is correct.
What is warehousing?Warehousing is the process of keeping physical inventory for a future sale or distribution. When companies need to temporarily store items in big quantities before shipping them either individually to customers or to other places, enterprises of all kinds employ warehouses.
Tangible goods or inventory are maintained in a storage facility as warehousing prior to being sold and delivered. In order to protect and arrange their products, businesses can keep them in warehouses safely and securely.
A warehouse is a type of commercial building used to store goods, and warehousing is the practice of correctly processing and storing goods inside of warehouses using scientific methods so that they are quickly and easily available when needed.
Thus, option C is correct.
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how much taxable income does a single taxpayer have if they owe $4838 in taxes?
They owe the the current taxes they need to pay plus the past due one ($4,838) and the interest fee for both.
9. The financial aid you receive is called
1) an award
2) a grace period
3) a renewable award
4) non-renewable award
Functions of Money Jeffrey has had a busy day. Today he went to a financial manager to begin planning for his son's future. He opened a college savings account. This is an example of a
Answer:
Store of value.
Explanation:
In economics or financial accounting, money can be defined as any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.
Simply stated, money refers to any asset which can be used to purchase goods and services by customers.
This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.
The three (3) main functions of money all over the world are;
I. Medium of exchange.
II. Unit of account.
III. Store of value.
In this scenario, Jeffrey went to a financial manager to begin planning for his son's future by opening a college savings account. Thus, this is is an example of a store of value because the purchasing power was transferred from the present to the future.
In conclusion, money being a store of value makes it possible to transfer purchasing power between traders and buyers from the present to the future.
Knowledge Check 01 Byrd Corporation issued 5,000 shares of $0.05 par value common stock for $10 per share. Prepare the appropriate journal entry to record the stock issuance. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
Answer and Explanation:
The journal entry to record the stock issuance is shown below:
Cash Dr (5,000 × $10) $50,000
To Common stock $250 (5,000 × $0.05)
To Additional paid in capital - common stock $49,750
(Being the issuance of the shares is recorded)
Here cash is debited as it increased the assets and common stock & additional paid in capital is credited as it increased the liabilities
When buying school clothes at her favorite store, Evie is offered a credit card that can only be used at that particular store. She can earn points by shopping there and using their specific card. Which type of credit card was offered to Evie? A. a debit card B. a gift card C. a stored value card D. a retail credit card
Answer:
It would be C.) A Store Valued Card because it can only be used within that store/company and cannot act as actual currency elsewhere.
Explanation:
if ur taking the plato final goodluck to u
Based on the fact that Evie can only use the credit card in one particular store, this is most likely a D. a retail credit card.
What is a retail credit card?Also known as a store credit card, this kind of card can only be used in a certain store.
This card can be used to earn points when purchases are made which allows for discounts on other purchases.
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Sales Tax is the amount added to a purchase that is charged by the government
True
O False
Answer:
True
Explanation:
If I am wrong, I am sorry!
which goal is an example of a measurable goal?
Sales Target
Explanation:
A sales target is an example of a measurable goal and it is probably the most common, and perhaps the most important, measurable goal in a firm.
It simply consists in determining a minimum number of goods or services to be sold, measured in either physical or monetary terms, in order to keep the firm afloat and profitable.
For example, a firm that sells cars can determine that for the month of january it must sell at least 250 cars in order to stay in business. If the goal is not reached, the sustainability of the firm can be endangered.
Help by None other than the #QUEEN herself #DRIPPQUEENMO
Complete the following sentence.
___work involves working for different employers by the assignment without long-term
commitment.
Answer:
Contractor
Explanation:
Typically, CONTRACTOR work involves working for different employers by the assignment without a long-term commitment.
This is because the contractor is only meant to deliver the job well or as agreed and eventually get paid for his services on that particular project. The contractor is not on the payroll of the employer. He has a client-contractor relationship with the employer instead of the employer-employee relationship
Raymond’s grandfather recently passed away. He left Raymond $1,000,000 in his will. Raymond’s lawyer tells him not to spend all $1,000,000 because he will owe some of it to the government. Why is this MOST likely true?
A. Raymond will have to pay inheritance tax.
B. Raymond will have to pay real estate property tax.
C. Raymond will have to pay excise tax.
D. Raymond will have to pay estate tax.
Answer:
Raymond will have to pay inheritance tax.
Explanation:
When you receive money or property from a decedent's estate, you are required to pay an inheritance tax, which is a type of state tax. In contrast to the federal estate tax, the property's beneficiary is in charge of paying the tax, not the estate. Only six states have inheritance taxes as of 2022.
Explain about the inheritance tax?For federal tax reasons, whether you inherit money, investments, or property, inheritances are not regarded as income. However, unless they come from a tax-free source, any further earnings on the inherited assets are subject to taxation.
There is no federal inheritance tax, which is a charge on the total amount of assets a person inherits from a decedent. For 2021 and 2022, however, estates worth more than $11.7 million and $12.06 million, respectively, are subject to a federal estate tax. Only the portion of an estate that exceeds such sums is subject to tax.
If you leave a home, vacate, and live in another place for seven years, there is typically no IHT to pay.
The answer is Raymond will have to pay inheritance tax
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Define ''limited in stock''
Answer:
Inventory status of “Limited Stock” means that the retailer is reporting an item quantity of 1 on hand. This last remaining unit is oftentimes a display model of the product and therefore may not be available for sale. Occasionally a retailer may indicate "Limited Stock" for high demand items as well.
Explanation:
Explain ten ways how logic and critical thinking as a course can impaet on lives and businesses across the globe
Explanation:
1- Logic is an analytical instrument capable of determining the truth of a thought. Following a logical argument, human beings can distinguish right from wrong.
2- Critical thinking comes from logic, through which individuals can evaluate and argue any foundation, comment, content without being imposed as an absolute truth.
3- The use of logic and critical thinking then helps man to empower himself in the social, economic and political spheres, evaluating from his own perspective situations that can directly impact his life.
4- Logic induces man to success, which expands his possibilities for personal and professional creation and development.
5- Critical thinking helps man to have greater control and focus on his own life and ambitions.
6- In business, logic helps in the decision-making process, bringing greater transparency to organizational decisions.
7- Critical thinking helps a leader to have greater conceptual ability, by expanding his observation and vision of the organizational whole.
8- In an organization, critical thinking is an essential factor for the development of innovative and creative solutions.
9- Logic enables the development of intelligent systems capable of facilitating projects and organizational systems.
10- Critical thinking is a fundamental instrument for personal development, for generating new knowledge and for innovation and creativity.
What happens to the area of a circle if the circumference is doubled?
A. The area is 1/2 of the original circle
B. The area is the same as the original circle
C. The area is 2 times the original circle
D. The area is 4 times the original circle
E. The area is 8 times the original circle
Answer:
Option C
.........djhxushsjsg
Answer:
Hello There!!
Explanation:
The answer is D. The area is 4 times the original circle.
hope this helps,have a great day!!
~Pinky~
Prior to February 28, a company has never had any treasury stock transactions. A company repurchased 100 shares of its common stock on April 30 for $40 per share. On June 20, it reissued 50 of these shares at $46 per share. On September 1, it reissued 20 of the shares at $38 per share. What is the balance in the Treasury Stock account on November 2
Answer: $2,760
Explanation:
The Treasury account is for a company's own shares that it buys back.
Company purchased 100 shares for $40:
= 100 * 40
= $4,000
June 20, they sold 50 of these shares. It will be deducted from the Treasury account at cost. Balance is:
= 4,000 - (50 * 40)
= $2,000
On September 1, 20 shares at $38 were reissued. Balance in Treasury Account goes to:
= 2,000 + (20 * 38)
= $2,760
explain the effect of a lack of shortage of entrepreneurs in the economy
Explanation:
Lack of entrepreneurs will lead to lower jobs, innovative products and a decline in economy. By developing new technology, goods, and services, entrepreneurs help to fuel the economic growth.
Homestead Co. reported the following in its statement of stockholders' equity on January 1, Year 4: Common stock, $10 par value, authorized 1,000,000 shares, issued 200,000 shares $2,000,000 Additional paid-in capital 600,000 Retained earnings 1,500,000 $4,100,000 Less treasury stock, at cost, 10,000 shares (180,000) Total stockholders' equity $3,920,000 The following events occurred in Year 4: March 1: 8,000 shares of treasury stock were reissued for $96,000. August 1: 5,000 shares of previously unissued common stock were sold for $15 per share. December 1: The distribution of a 2-for-1 stock split resulted in halving of the common stock's per-share par value. Homestead accounts for treasury stock under the cost method. Laws in the state of Homestead's incorporation protect shares held in treasury from dilution when stock dividends or stock splits are declared. The number of outstanding common shares at December 31, Year 4, should be
This question is to complex. In Order for this to be answerable you would need to put it into chunks
________________ mortgage is two or more mortgages consolidated into one payment, and is usually designed to allow the buyer to purchase with a smaller down payment, with the added benefit of a below market interest rate first mortgage. The sellers receive all of their cash at the time of closing, while the lender wraps new money around an existing assumable loan. This type of loan limits its use to homes with an existing FHA or VA loans because most other conventional loans have alienation or due on sale clauses.
Answer:
wrap around mortgage
Explanation:
A wrap-around mortgage is can be used in deals of owner-financing.
Wrap around mortgage refers to two or more mortgages consolidated into one payment. Such type of mortgage allow the buyer to purchase with a smaller down payment. A buyer also gets an added benefit of a below market interest rate first mortgage. A wrap-around mortgage can only be used to homes with an existing FHA or VA loans.
8
Select the correct answer.
Which area of engineering focuses on the design, construction, and maintenance of energy facilities?
ОА. .
chemical engineering
OB.
civil engineering
OC.
mechanical engineering
OD.
environmental engineering
Reset
Next
Answer:
civil engineer is the answer
Do they educate people so they just stop speeding themselves? Or do they prevent speeding in certain areas and people speed regardless when they’re not in a speed check zone?
Answer:
some educate people so they can just stop speeding themselves
Paula is in charge of maintaining good relationships between her organization and local government, business leader groups, and the general public. Paula's responsibilities can be called _____. a. public relations b. advertising c. sales promotion d. personal selling e. press coordination
Answer:
a. public relations
Explanation:
As the name suggest that public relations means the relations that should be made between the organization and the general public, local government, leader groups, etc. It would create a positive image for the public at large by communicating with the people so that they get to know about the company
Therefore according to the given situation, the option a is correct
Luke, an HR manager at Ford, argues that health insurance should cost more for smokers or overweight people. Those are personal choices and we shouldn’t all pay more fees to cover their cost. Matthew says no. Other people have less obvious health risks. We should hang together, instead of dividing up the insurance pool. What principles might cause them to disagree?
Answer:
Luke is probably a libertarian who is a staunch defender of individual rights but also of individual responsibility. For this reason, he thinks that people who are not responsible with their own bodies and either smoke, or get overweight, should pay more for health insurance, because their medical treatment are likely to be more costly.
Matthew is probably a progressive liberal, or a social democrat. He believes that the greater good of society is more important than personal responsibility. He thinks that overweight people or smokers should have a right to health insurance regardless of the state of their bodies.
Popularity increases a product’s
A. price
B. utility
C. life cycle
D. trial period
Answer:
life cycle
Explanation:
When a product has been popularized with adverts, people will know d product and will wanna try it out.Once this happens,the product will still be in existence prolonging the life cycle
Discuss how an event’s ability to help us escape from everyday life and worries can be advantageous for marketers.
Answer:
An event's ability to give people a break from everyday life worries is a advantage for marketers because it makes their job easier. An event takes our mind off of things and it relieves their stress. This means that marketers don't need to focus on spreading info.
What is innovation? (Media Literacy)
A. A groundbreaking idea, product, or method
B. A technological tool that drives hyperlinks
C. An exciting development in a story's plot
D. A story that nobody has ever heard before
Answer:
A. A groundbreaking idea, product, or method
Explanation:
Innovation refers to the process that leads to the formation of new ideas that has been been invented before. It refers to the fresh ideas that helps in attracting people inn terms of business. Idea generation helps in new development and thereby helps in the progress. The introduction of the idea from the existing resources helps in the formation of new ideas that take the shape of innovation.
Question 2 of 25
Compared to CDs, basic savings accounts are
interest rates.
liquid and have
A. less; higher
B. less; lower
C. more, lower
D. more; higher
Answer:
C:
Explanation:
CD's are less liquid and tie up your $$ for a certain period of time, however, extend to you a higher interest rate.
Answer: A: Less and higher
Explanation:
A stock currently sells for $25 per share and pays $0.24 per year in dividends. What is an investor's valuation of this stock if she expects it to be selling for $30 in one year and requires a 15 percent return on equity investments? Working out
Answer:
$26.30
Explanation:
Calculation to determine the investor's valuation of this stock
Using this formula
Investor's valuation of the stock = [Dividend / (1 + rate)] + [Selling price / (1 + rate)]
Let plug in the formula
Investor's valuation of the stock = [$0.24 / (1 + 0.15)] + [$30 / (1 + 0.15)]
Investor's valuation of the stock = $0.21 + $26.09
Investor's valuation of the stock = $26.30
Therefore the investor's valuation of this stock will be $26.30
If you’ve insured a home for $200,000 and the home is only worth $150,000, you can only receive $150,000 at the most if you file a claim. A. True B. False
Answer:
It is true
Explanation:
Got it right! :D
The insurance payout is based on the cost to rebuild or repair the home, not the market value or appraisal value, so you could potentially receive up to the policy limit of $200,000 if the cost to rebuild or repair is higher than the home's value. Therefore, the given statement is false.
What is insurance payout?
An insurance payout refers to the amount of money that an insurance company pays to its policyholder or beneficiary when a covered loss or event occurs. The payout is typically based on the terms of the insurance policy and the amount of coverage that the policyholder has purchased.
Insurance payouts can be made in various forms, including cash, check, or electronic transfer. They are intended to compensate the policyholder or beneficiary for the financial losses incurred as a result of the covered event, such as property damage, personal injury, or death.
In order to receive an insurance payout, the policyholder must file a claim with the insurance company and provide documentation of the loss or event. The insurance company will then review the claim and determine the amount of the payout based on the terms of the policy and the circumstances of the loss.
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In the Month of March, Baldwin received orders of 156 units at a price of $15.00 for their product Bolt, and in April receives an order for 39 units of their product Bolt at $15.00. Baldwin uses the accrual method of accounting and offers 30-day credit terms. Baldwin delivers 0 units in March, 156 units in April and 39 units in May. They received payment for 156 units in April and payment for 39 units in May.
Required:
How much revenue is recognized on the March income statement from this order?