Answer:
yo boy hacer tú chica aneudy Tati el memolandio.
wants to maximize profits for SPI's new tennis racquets, then he should set a price (and produce that related output) where:
Answer: E. marginal cost is just less than or equal to marginal revenue.
Explanation:
In order to maximize profits when it comes to production, it is best to do so at a quantity where Marginal cost is equal to Marginal revenue or at least slightly lower but not higher.
At this quantity, all available resources are being used efficiently and so profit is being maximised because if Marginal costs exceed marginal revenue, this will result in losses.
Randy Todd should therefore produce the racquets at a point where marginal cost is just less than or equal to marginal revenue.
If you co-sign for a friend's credit card, what is the danger to you if your friend fails to pay?
A.
You might get secured credit.
B.
You might have to pay extra money in taxes.
C.
Your credit score might go down.
D.
Your credit score might go up.
Please select the best answer from the choices provided
A
B
C
D
Answer:
C
Explanation:
When activities are arranged in a line according to the sequence of operations for assembling a particular product the layout is said to be a:
Answer: Product layout
Explanation:
Product layout is when activities are arranged in a line according to the sequence of operations for assembling a particular product.
In product layout, both the tools and th supplies which are needed for the manufacturing process are at the assembly line. This brings about identical products to be made.
On November 15, 2018, Shields Company purchased inventory costing $6,200 on credit. The credit terms were 2/10, n/30. a. Assume that Shields Company paid the invoice on November 23, 2018. Prepare journal entries to record the purchase of this inventory and the cash payment to the supplier using the net-of-discount method.
Answer:
Entries posted
Explanation:
The dicount received will be credited as we paid the supplier earlier of 30 days according to the credit terms
Journal Entry to purchase inventory on November 15, 2018
Dr Inventory $6,200
Cr Accounts payable $6,200
Journal Entry for payment to supplier on November 23, 2018
Dr Accounts payable $6,200
Cr Discount received $124
Cr Cash $6076
What is a family brand?
O A. A brand used during the maturity stage of the product life cycle
O B. A brand for children's producto
O C. A brand for the products in one or more product lines
O D. Goods purchased for use by a family
SUBMIT
Answer:
The correct answer is c
An online buying club requires an annual fee of $130 in order to qualify for a 16 percent discount on purchases. What amount would a person have to buy in order to save enough to cover the cost of the membership
Answer:
$812.50
Explanation:
Calculation for the amount a person have to buy in order to save enough to cover the cost of the membership
Using this formula
Amount to buy =Annual fee/Discount on purchases
Let plug in the formula
Amount to buy=$130/0.16
Amount to buy=$812.50
Therefore the amount a person have to buy in order to save enough to cover the cost of the membership is $812.50
HCC, Inc., expects its dividends to grow at 25 percent per year for the next seven years before levelling off to a constant 3 percent growth rate. The required return is 11 percent. What is the current stock price if the annual dividend per share that was just paid was $1.05
Answer:
the current stock price is $43.21
Explanation:
The computation is shown below:
Last Dividend = D0= $1.05
Required Return = rs = 11.00%
The growth rate for the next 7 years = 25%
Growth rate = 3%
Now
D1 = $1.0500 × 1.25 = $1.3125
D2 = $1.3125 × 1.25 = $1.6406
D3 = $1.6406 × 1.25 = $2.0508
D4 = $2.0508 × 1.25 = $2.5635
D5 = $2.5635 × 1.25 = $3.2044
D6 = $3.2044 × 1.25 = $4.0055
D7 = $4.0055 × 1.25 = $5.0069
D8 = $5.0069 × 1.03 = $5.1571
Now
P7 = D8 ÷ (rs - g)
P7 = $5.1571 ÷ (0.11 - 0.03)
P7 = $64.4638
Now
P0 = $1.3125 ÷ 1.11 + $1.6406 ÷ 1.11^2 + $2.0508 ÷ 1.11^3 + $2.5635 ÷ 1.11^4 + $3.2044 ÷ 1.11^5 + $4.0055 ÷ 1.11^6 + $5.0069 ÷ 1.11^7 + $64.4638 ÷ 1.11^7
P0 = $43.21
Hence, the current stock price is $43.21
What is the expected return on a portfolio which is invested 20% in stock A, 50% in stock B, and 30% in stock C
Answer: 13.5%
Explanation:
The expected return is a weighted average of the portion invested in each individual stock and the expected return of each individual stock.
= (20% * 10%) + (50% * 20%) + (30% * 5%)
= 13.5%
Country X has requested and received a loan from the world bank. Country X may not use the money to finance ____
Answer:
Non-developmental Projects
Explanation:
Country X requested for and received a loan from the world bank (formerly the International Bank for Reconstruction and Development).
Country X may not (Country X is not allowed to) use the money to finance projects that are unrelated to development.
This stems from the purpose of the World Bank and its funding acts. The World Bank's key function is:
- Lending to the middle-class nations (at relatively low interest rates) and giving to the poorest nations (at no interest rate) who are its members.
Country X hence is either a middle-income country or a low-income country. It may only use the loan to finance projects that aim at improving the quality of human life e.g. health projects, educational projects, environmental projects, etcetera.
how old does a fight have to be in order for it to be old
Answer:
2 weeks and more why?
Explanation:
A petty cash fund of $100 is replenished when the fund contains $4 in cash and receipts for $94. The entry to replenish the fund would
Answer:
Debit to Cash Over and Short for $3"
Explanation:
When A petty cash fund of $100 is replenished when the fund contains $4 in cash and receipts for $94 . It means $94 is already paid by receiving receipts of the expenses and $3 in petty cash fund , since the petty cash is of $100 there is short of $3 ($100 - $94 -$3)
What are 3 primary ways to get information into QuickBooks Online?
Answer:
• Use the import data tool.
• Manually place data in QuickBooks online formats and check registers.
• Convert data from existing QuickBooks table file
Explanation:
QuickBooks is simply an accounting software package. It should be noted that QuickBooks products offer accounting applications that are used to make payments , bills and also perform payroll functions.
The three primary ways to get information into Quickbooks Online are the use the import data tool, manually placing data in QuickBooks online formats and check registers and converting data from existing QuickBooks table file.
Y3K, Inc., has sales of $12,840, total assets of $4,730, and a debt-equity ratio of .25. If its return on equity is 14 percent, what is its net income
Answer:
Equity multiplier = 1 + Debt−equity ratio
Equity multiplier = 1 + 0.25
Equity multiplier = 1.25
Total asset turnover = Sales / Total assets
Total asset turnover = $12,840 / $4,730
Total asset turnover = 2.71 times
ROE = (Profit margin)(Total asset turnover)(Equity multiplier)
0.14 = (Profit margin)(2.71)(1.25)
Profit margin = 0.0413 or 4.13%
Profit margin = Net income / Sales
0.0413 = Net income / $12,840
Net income = $529.76
The Sour Pickle Company has a debt-equity ratio of 1.37. Return on assets is 7.62 percent,...
The Sour Pickle Company has a debt-equity ratio of 1.37. Return on assets is 7.62 percent, and total equity is $685,000. a. What is the equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the return on equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the net income? (Do not round intermediate calculations and...
Shelton Company has a debt-equity ratio of 1.41. Return on assets is 7.66 percent, and total...
The use of different national currencies creates a barrier to further growth in international business activity. What are the pros and cons, among companies and governments, of replacing national currencies with regional currencies
Answer:
The advantages of a regional currency are given as follows:
Reduction in costs of transaction: For example, the Euro removes the added accounting expenses necessary to keep track of the various and fluctuating exchange rates between trading partners in the single currency zone. Also, there is also the cost of converting from one currency to another between trade partners in different countries. In a mono currency regime, these costs are eliminated and may increase the volume and frequency of trade. Stability of Currency: A single currency across a community of nation-states will automatically stabilize or dampen the frequency of fluctuation given that the rate will not reflect the average economic condition of several countries put together rather than on country.A regional currency is likely to be stronger than a national currency because unifying currencies eliminates competitive devaluation among countries within the region. To avoid unfair competition, neighboring countries may be forced to also devalue their currencies following similar action by a country or countries in the same block.Improvement in prices due to greater price transparency: It is easier to compare prices using one currency than with different currencies. This means that companies that previously profited from abnormal profits due to various currencies are now forced to redesign their market offering to stay competitive price-wise.Disadvantage
A single policy for many countries may prove to be dissastrous for some countries. Single currencies do not automatically unify all the other macro-economic conditions of the various countries in the region. This means that what is good for countries in recovery may prove detrimental for a country in a recession.Transition Costs: Moving from one currency to another usually involves some costs which include:Discarding old currency printing equipment for new ones as well as doing away with old currencies whilst printing new ones.
Cheers
Paid $78,000 cash to replace a motor on equipment that extends its useful life by four years. Paid $390 cash per truck for the cost of their annual tune-ups. Paid $312 for the monthly cost of replacement filters on an air-conditioning system. Completed an addition to a building for $438,750 cash. 1. Classify the above transactions as either a revenue expenditure or a capital expenditure. 2. Prepare the journal entries to record transactions a and d.
Answer: a. Capital expenditure
b. Revenue expenditure
c. Revenue expenditure
d. Capital expenditure
Explanation:
Capital expenditures are usually huge expenditure on fixed assets such as land or building and they re usually incurred to generate revenue for the business.
Revenue expenditures are usually for short term basis and are operating expenses, that us required to run the business daily.
Based on the above explanation, the answers to the following will be:
a. Paid $78,000 cash to replace a motor on equipment that extends its useful life by four years. - Capital expenditure
b. Paid $390 cash per truck for the cost of their annual tune-ups. - Revenue expenditure
c. Paid $312 for the monthly cost of replacement filters on an air-conditioning system. - Revenue expenditure.
d. Completed an addition to a building for $438,750 cash. - Capital expenditure
Check the attachment for the journal entry
Joe’s Beer, Bait, & Tackle Co. is a small chain of fishing tackle stores in northern Minnesota. In 2019, the company’s revenue was $4,300,000 and its cost of sales was $3,200,000. Assume 52 weeks and 365 days per year. Joe keeps only 7.59 days-of-supply of inventory on average because much of his inventory is live bait and micro-brew beer, both of which have a short shelf life. What is his annual inventory turns?
Answer:
the annual inventory turn is 48.09
Explanation:
The computation of the annual inventory turns is shown below:
Annual inventory turn
= Number of days in a year ÷ Number of days of inventory
= 365 days ÷ 7.59 days
= 48.09
We simply applied the above formula and the same is to be considered
hence, the annual inventory turn is 48.09
By dividing the total days from the inventory days we can get the annual inventory turn
Ben & Jerry's mission to make the world a better place is linked to various organizational and marketing strategies, one of which is:_______a. supporting farmers who agree to use sustainable farming practices, implementing fair working standards, and investing in local communities.b. the intent of making modest profits without sacrificing high product quality standards.c. ingredients that are all completely organic and are available only in Vermont to ensure freshness and contribute to the local economy.d. a commitment to donating a percentage of profits to Teach for America.e. ingredients that come exclusively from developed countries promoting Fair Trade practices.
Answer:
a. supporting farmers who agree to use sustainable farming practices, implementing fair working standards, and investing in local communities.
Explanation:
Ben and Jerry refers to an agricultural company that is focused on delivering the best of its finished goods to the consumer.
Ben & Jerry's mission to make the world a better place is linked to various organizational and marketing strategies, one of which is supporting farmers who agree to use sustainable farming practices, implementing fair working standards, and investing in local communities.
Assume that the risk-free rate is 2.5% and the expected return on the market is 12%. What is the required rate of return on a stock with a beta of 1.1? Round your answer to two decimal places.
Answer:
15.7%
Explanation:
According to CAPM,
required return = risk free rate + (beta x market expected rate of return)
= 2.5% + 1.1x 12% = 15.7%
A check register shows a balance of $845.50 before adding a deposit of $152.73 and writing three checks for $682.67, $146.05, and $99.33. The owner of the checking account needs to write two additional checks for $75.81 and $83.62. Compute the amount the account owner must deposit before writing the additional checks.
Answer:
$89.25
Explanation:
This would be a fairly simple addition and subtraction problem. The initial balance of the register is $845.50, the owner then added a deposit of $152.73 which is added to the initial balance.
$845.50 + $152.73 = $998.23
Next, he wrote three checks which means those values are subtracted from the current balance like so...
$998.23 - $682.67 - $146.05 - $99.33 = $70.18
This leaves the balance at $70.18, the owner wants to add an additional two checks which would leave the balance at...
$70.18 - $75.81 - $83.62 = -$89.25
Meaning he would have to deposit $89.25 before writing the two checks or he would not have enough in the register to support those checks.
If labor productivity growth slows down in a country, this means that the growth rate in ________ has declined. Group of answer choices the working-age population the quantity of goods or services that can be produced by one hour of work nominal GDP labor force participation
Answer:
the quantity of goods or services that can be produced by one hour of work
Explanation:
In the case when the growth of the labor productivity slows down in a country so that means the growth rate is declined in terms of the good or services quantity that could be generated by performing one hour of work
Therefore in the given case, the second option is correct
And all the other options are incorrect
Every employee at a fitness center is required to wear a crisp white uniform. Towels are neatly rolled and stacked, the floors glisten with cleanliness, and there is always a beautiful display of fruit in the hallway. Based on this information, the fitness center prioritizes which variable of service quality
Answer:
Tangibles.
Explanation:
Tangibles in this question is directly the variable of service quality exuded. This is because it refers to physical facilities, equipment, and appearance of a service firm’s employees. the task of the tangible and physical evidence of a service is multifunctional. When a patient within the lounge of a clinic sees the doctor’s certificate, he becomes attentive to the standard of service he's getting ready to receive. Example is seen when a dental clinic provides patients with clean rubber footwear and freshly laundered bibs or coats before the particular service, the patients and their accompanying relatives or friends are going to be impressed. A dentist wearing a spotless white coat is likely-to impress, them even further. Tangibles provide the customer proof of the standard of service.
A manufacturer produces a container of potato salad using 1 pound of Idaho potatoes, 1 pound of Maine potatoes, or 1 pound of a mixture of the two types of potatoes. Does the marginal rate of technical substitution vary along the isoquant?
Answer:
Yes the marginal rate of technical substitution varies along isoquant.
Explanation:
The marginal rate of technical substitution is the point on isoquant which determines that one point of input can be substituted by one point of another input having no impact on the level of the output. As the labor is used with lesser capital MRTS will decline along the isoquant and will not remain constant.
Seth invested $27,000 in Series EE savings bonds on April 1. By December 31, the published redemption value of the bonds had increased to $27,910. How much interest income will Seth report from the savings bonds in the current year absent any special election
Answer:
Outside any special election, Seth will report $910 as interest income in the current year.
Explanation:
Investment in Series EE savings bond on April 1 = $27,000
Redemption value of bonds by December 31 = $27,910
Interest income = $910 ($27,910 - $27,000)
The effective rate of interest = 3.37% ($910/$27,000 * 100) for nine months, with its annualized rate = 4.5% (3.37%/9 * 12).
Your friend just won the Pennsylvanialottery. She has the choice of $15,000,000 today or a 20-year annuity of $1,050,000, with the first payment coming one year from today. What interest rate makes her indifferent between the two options
Answer:
3.44%
Explanation:
The interest rate that makes her indifferent is the rate that equates the present value (PV) of the annuity to $15,000,000, the amount receivable in the first choice.
[tex]PV=\frac{A(1-(1+r)^{-n} )}{r}[/tex]
Where A = equal annual payment = $1,050,000
n = 20 years
[tex]15,000,000=\frac{1,050,000(1-(1+r)^{-20} )}{r}[/tex]
Using a financial calculator or interpolation, the value of r that solves the equation is 3.443209% or approximately 3.44%.
If the marginal propensity to consume is 0.8, by how much will GDP increase after government spending increases by $200
Answer:
If disposable income increases by $5 billion and consumer spending ... spending by $100 billion and the marginal propensity to consume is 0.8. ... Suppose investment spending increases by $50 billion, and as a result real GDP increases by $200 billion. ... deliberate changes in taxation and/or government spending.
Explanation:
It is asserted that 80% of the cars approaching an individual toll booth in New Jersey are equipped with an E-ZPass transponder. Find the probability that in a sample of six cars:
a. All six will have the transponder.
b. At least three will have the transponder.
c. None will have a transponder.
Answer: a. 0.262
b. 0.983
c. 0.00
Explanation:
a. The probability that all six will have the transponder is 0.262
b. The probability that at least three will have the transponder is 0.983
c. The probability that none will have a transponder is 0.00
Check attachment for further explanation.
What is the future value of $100 after 3 years if the appropriate interest rate is 8%, compounded annually? ($125.97) Compounded monthly? ($127.02
Answer: If compounded annually, future value =$ 125.97
If compounded monthly, future value =$ 127.18
Explanation:
Accumulated amount : [tex]A=P(1+\dfrac{r}{n})^{nt}[/tex], where P=principal value, t= time, n= number of periods and r =rate of interest.
Given: Principal value = $100
Time = 3 years
rate of interest : r= 0.08
If compounded annually, n=1
[tex]A=100(1+0.08)^3=100(1.08)^3=100\times1.259712=\$125.97[/tex]
Hence, future value =$ 125.97
If compounded monthly, n=12
[tex]A=100(1+\dfrac{0.08}{12})^{12\times3}=100(1.0067)^{36}=100\times1.271752=\$127.18[/tex]
Hence, future value =$ 127.18
Find the value of $15,000 at the end of one year if it is invested in an account that has an interest rate of 4.95% and is compounded in accordance with the rules below. a. compounded monthly b. compounded daily (assuming a 365-d
Answer:
Results are below.
Explanation:
Giving the following information:
Initial investment= $15,000
To calculate the future value, we need to use the following formula:
FV= PV*(1+i)^n
a) i= 0.0495/12= 0.004125
FV= 15,000*(1.004125^12)= $15,759.58
b) i= 0.0495/365= 0.0001356
FV= 15,000*(1.0001356^365)= $15,761.04
Suppose that a 25-year government bond has a maturity value of $1000 and a coupon rate of 7%, with coupons paid semiannually. Find the market price of the bond if the yield rate is 6% compounded semiannually. (Round your answer to the nearest cent.)
Answer: $1,128.65
Explanation:
Formula for Bond price;
[tex]= Coupon payment * \frac{1 - ( 1 + yield)^{-period} }{yield} + \frac{Face value}{(1 + r)^{period} }[/tex]
Period = 25 * 2 = 50 semi annual periods
Yield = 6%/2= 3%
Coupon = 7%/ 2 = 3.5%
Coupon payment = 3.5% * 1,000 = $35
[tex]= 35 * \frac{1 - ( 1 + 0.03)^{-50} }{0.03} + \frac{1,000}{(1 + 0.03)^{50} }\\\\= 35 * 25.729764 + 228.10707978975\\\\= 1,128.6488[/tex]
= $1,128.65
Sudoku Company issues 34,000 shares of $6 par value common stock in exchange for land and a building. The land is valued at $227,000 and the building at $374,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building.
Answer and Explanation:
The journal entry is shown below:
Land $227,000
Building $374,000
To Common stock (34,000 × $6) $204,000
To Paid-in capital in excess of par value, common stock $397,000
(being the issuance of the stock in exchange for the land and building is recorded)
The above journal entry should be passed