The complete statement is "A decrease in the supply of a good, while holding demand constant, results in an increase in the equilibrium price of the good, but a decrease in the equilibrium quantity of the good. Multiple choice question.". This is further explained below.
What is the equilibrium price of the good,?Generally, the equilibrium price of the good is simply defined as If supply and demand are equal, then the price at which the market clears is the equilibrium price of the commodity or service.
In conclusion, In this case, a downward trend is represented by an upward or leftward shift in the supply curve.
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a decrease in a supply of a good
_____ is the most common, real-world method of estimating projects. Group of answer choices Delphi Technique Time Boxing Bottom-Up Estimating Guesstimating Top-Down Estimating
Bottom-Up Estimating is the most common, real-world method of estimating projects. Option c is correct.
What is the bottom up estimating technique?This is the term that is used to refer to the estimation of work by making use of the details that are the possible least.
This method is known to be the most common method that is made use of while going through real world projects.
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Flynn Company determines that it cannot collect $8,000 of its accounts receivable from its customer, MDC. Record the journal entry required of Flynn under (a) the direct write-off method and (b) the allowance method.
The particulars of the company under the direct write off and allowance method is a debit of 8000 dollars in the bad debts and credit of 8000 in the accounts receivable.
(a) the direct write-off methodBad debts expense
Debit = $8000
To Accounts receivables
credit = $8000
b) the allowance method.Allowance for doubtful accounts
Debit = $8000
Accounts receivables
credit = $8000
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Assume that tangerines are produced in a constant cost industry which sells in a perfectly competitive market. Suppose that at the current level of output, firms are earning positive economic profits. What can we say about the long run equilibrium where productive and allocative efficiency is achieved
In the long-run equilibrium where productive and allocative efficiency is achieved, there will be more producers and more tangerine products in the market.
What is long-run equilibrium?The long run of a firm refers to the future term when the firm has attained equilibrium and the factory is able to produce at the output where the minimum point of the Long-Run Average Cost curve.
It is thus correct to state that In the long-run equilibrium where productive and allocative efficiency is achieved, there will be more producers and more tangerine products in the market.
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Connors company paid $700 cash to make a repair on equipment it sold under a one-year warranty in the prior year. The entry to record the payment will debit:.
The Journal entry to record the payment will include a debit to Accrued Warranty Payable for $700 and a credit Cash for $700.
What is a Warranty account?This account is used by firm to allocate expenses for replacing or repairing damaged products for customers.
Hence, for Connors company, the Journal entry to record the payment will include a debit to Accrued Warranty Payable for $700 and a credit Cash for $700.
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Wright Aircraft, Inc. Wright Aircraft is the global leading builder of long-haul jet aircraft for civilian aviation. Management expects the company to maintain its leadership for the foreseeable future. Wright is considering two projects to develop an improved engine control system to to improve fuel utilization (an important factor in airlines' aircraft purchase decisions). Cash flows due only to sales of the new system are included in Chapter 2. (Assume the projections reasonably reflect the facts of the case.) Project Lindbergh utilizes a revolutionary technology to increase fuel utilization 15%. Project Lindbergh's system can be used on all airline aircraft, whether purchased from Wright or its competitors, and on Wright's next product generation. Project Post utilizes an existing technology that promises to increase fuel utilization 5%. Project Post's system can be used on Wright aircraft only. What discount rate should you use for each project?
Project Lindbergh -(000s of $s) Chapter 1: R&D Phase Chapter 2: Launch and Commercialization Year ($7.500) ($6,000) ($3,500) ($1,500) $60,000 $125,000 $175,000 $235,000 Probability of Techical Success 35% 55% Stage Gate 1 - End of Year 2 - Satge Gate 2 - End of Year 4 Project Post (000s of $s) Year Chapter 1 Cash Flows Chapter 2: Launch and Commercialization 234 5678 ($5,500) ($3,000) ($1,500) $10,000 $20,000 $25,000 $35,000 $45,000 60% Probability of R&D Success (1 stage gate - end of Year 2)
A 25% discount rate for Project Lindbergh and 15% discount rate for Project Post are used.
How to depict the information?The question pertains to capital budgeting and the formula used to calculate Present Value (PV) of future Cash flows is (CFt / (1+r)^t) and NPV is the sum of PV of all future cash flows from t=1 to t=8.
Also,, the probability of success is given for both projects. In the first project, it is 0.35 multiplied by 0.55 and in the second Project, it is 60%.
The NPV should be multiplied by the probability of success in order to get the expected NPV from both projects. The expected NPV of Project 2 is higher than Project 1.
Therefore, the management should go ahead with Project 2.
The missing part of the question:
Project Lindbergh utilizes a revolutionary technology to increase fuel utilization 15%. Project Lindbergh's system can be used on all airline aircraft, whether purchased from Wright or its competitors, and on Wright's next product generation. Project Post utilizes an existing technology that promises to increase fuel utilization 5%. Project Post's system can be used on Wright aircraft only. please assume a 25% discount rate for Project Lindbergh and 15% discount rate for Project Post.
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Percy Corporation was formed on January 1. The corporate charter authorized 100,000 shares of $10 par value common stock. During the first month of operation, the corporation issued 230 shares to its attorneys in payment of a $4,300 charge for drawing up the articles of incorporation. The entry to record this transaction would include:
The journal entry for the transaction as mentioned above will include a debit in the organizational expenses for $4,300.
What are the golden rules of a journal entry?As per the golden rules of a journal entry, all the expenses of an organization, whether direct or indirect are debited. Thus, in the above case, the organization expenses will be debited.
Hence, the significance of a journal entry is aforementioned.
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what is one advantage of being an entrepreneur
A. more promotions
B. more freedom
C.less risk
D. shorter hours
Answer:
More freedom is the advantage
Answer:
B is the answer because they the complete freedom to do their own thing.
If a company initially records the purchase of supplies to the supplies expense account, the mount of the adjusting entry made at the end of an accounting period will be equal to
The amount of the adjusting entry at the accounting period will be equal to the supplies on hand at the end of the period if the company initially records the purchase of supplies to the supplies expense account.
What is a supplies expense account?In accounting, the account report the amount of supplies that were used during the time indicated on the heading of the income statement.
Hence, If a company initially records the purchase of supplies to the supplies expense account, the amount of the adjusting entry at the accounting period will be equal to the supplies on hand at the end of the period.
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Before investigating alternative production plans, demand forecasts should be converted into Multiple choice question. production requirements. inventory requirements. forecast for the next period. only safety stock requirements.
Demand predictions should be converted to inventory requirements before considering alternate production strategies.
Production planning is the process of creating a roadmap for the design and manufacture of a certain product or service. Production planning assists firms in making their manufacturing processes as efficient as feasible. Production planning was developed to improve the manufacturing process, but its basic logic is now used in many ways to design, manufacture, and distribute software as well.
An alternative production plan is basically a safety plan which is made. In case the main plan does not work, an alternative plan is executed. Inventory Requirements means the minimum inventory level set out of a product; provided, however, that "inventory level" comprises only those Products on hand in final form as of a specific date.
Therefore, the correct option is the inventory requirement.
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if you are in the 20 percent tax bracket, what is your aftertax yield on a par value municipal bond yielding 5 percent? ignore state and local taxes.
if you are in the 20 percent tax bracket, Five percent. For this reason, the after-tax yield is the same as the pre-tax yield since interest income from Muni is free from federal income tax. This is further explained below.
What is tax?Generally, taxation is simply defined as a kind of mandatory public financing that is assessed on the purchase price of certain products and services as well as on the earnings of individuals and businesses.
In conclusion, there would be a 5% reduction if your tax bracket was 20%. Since interest income from Muni is exempt from federal income tax, the after-tax yield is identical to the pre-tax rate.
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The five forces of competitive pressures do not include a. the power and influence of social/demographic trends. b. the bargaining power of suppliers and seller-supplier collaboration. c. the threat of new entrants into the market. d. the attempts of companies in other industries to win customers over to their own substitute products. e. the market maneuvering and jockeying for buyer patronage that goes on among rival sellers in the industry.
The five forces of competitive pressures do not include the power and influence of social/demographic trends.
What are the Porter's five forces?
The Porters' 5 forces is used to analyse the competitiveness among firms in an industry.
Porter's 5 forces include :
Competition in the industry : the higher the number of companies in the industry, the lower the power an individual firm possesses. For example, if an industry increases it price, a consumer can easily shift to the consumption of substitute
Potential of new entrants into the industry : If there are low barriers to entry in an industry, firms in the industry experience greater competition
Power of suppliers : the higher the number of suppliers in the industry, the higher the bargaining power of firms in the industry and the greater the power they posses
Power of customers : the larger the number of customers, the greater the power firms possess
Threat of substitute product : if there are little or no substitutes for the goods produced by companies, the greater the power the firms possess
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Enterprise systems help managers and companies improve their performance by
The enterprise systems improves the managers and companies performance by Integrating an internal business processes and link to external business partners.
What is an enterprise planning resources?This resource planning refers to the management and integration of business processes through a single system.
Hence, the systems improves the managers and companies performance by Integrating an internal business processes and link to external business partners.
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Natalie, the supervisor of a 24-hour pharmacy, schedules the work shifts of her employees. Recently, two of her senior employees had a conflict because each of them wanted both Friday and Saturday nights off. Natalie gave one employee Friday nights off and the other employee Saturday nights off. In this case, Natalie used a(n) __________ strategy to resolve the conflict.
The compromise strategy is used by Natalie to resolve the conflict between the 2 employees.
What is the compromise strategy in conflicts?This refers to the resolving of conflict by identifying a solution that is half-satisfactory to both parties but completely satisfactory to neither.
As he give them offday on different days. then, the compromise strategy is used by Natalie to resolve the conflict between the 2 employees.
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Marginal Incorporated (MI) has determined that its before-tax cost of debt is 5.0% for the first $74 million in bonds it issues, and 9.0% for any bonds issued above $74 million. Its cost of preferred stock is 15.0%. Its cost of internal equity is 18.0%, and its cost of external equity is 22.0%. Currently, the firm's capital structure has $400 million of debt, $60 million of preferred stock, and $540 million of common equity. The firm's marginal tax rate is 25%. The firm's managers have determined that the firm should have $67 million available from retained earnings for investment purposes next period. What is the firm's marginal cost of capital at a total investment level of $155 million
Answer:
The marginal cost of capital is 10.18%( 10.2% when rounded to 1 decimal place)
Explanation:
The requirement, in this case, is to ascertain the firm's cost of capital, its weighted average cost of capital, which is the sum of the after-tax cost of each component source of capital multiplied by their weight in the firm's capital structure, on the premise that the first $67 million would be from the internal equity, retained earnings
Balance of investment(after retained earnings)=$155-$67
Balance of investment(after retained earnings)=$88 million
Out of the $88 million,$74 million would be financed by debt which is a before-tax cost of 5.0% and the $14 million($88-$74) would be from additional debt which has a pretax cost of debt of 9.0% because raising additional debt is cheaper compared preferred equity and external equity whose costs are 15.0% and 22.0% respectively.
The after-tax costs of debt are computed thus:
after-tax cost for 5.0%=5.0%*(1-25%)
after-tax cost for 5.0%=3.75%
after-tax cost for 9.0%=9.0%*(1-25%)
after-tax cost for 9.0%=6.75%
WACC=(value of internal equity/total investment*cost of internal equity)+ (value of initial debt/total investment*after-tax cost of debt)+(value of additional debt/total investment*after-tax cost of debt)
WACC=(67/155*18.0%)+(74/155*3.75%)+(14/155*6.75%)
WACC=10.18%
what statement best explains why the supply curve is upward sloping?
The statement that best explains why the supply curve is upward sloping is: as the price increases quantity supplied increases.
What is supply curve?Supply curve can be defined as the amount of goods and service produce and supplied at a particular period of time.
When the supply curve slopes upward this tend to means that as the price rise quantity supplied will as well increases or rise . This occur when higher prices of goods and service tend to offer higher profits.
Therefore the statement that best explains why the supply curve is upward sloping is: as the price increases quantity supplied increases.
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A distinctive competence is not a. a competitively important activity that a company performs better than its rivals. b. typically less restrictive for rivals to copy than a core competence. c. a basis for sustainable competitive advantage. d. considered as a superior internal strength. e. capable of delivering stand-out value to customers (in the form of lower prices, better product performance, or superior service).
An untrue statement on distinctive competence is that it is b. typically less restrictive for rivals to copy than a core competence.
What is distinctive competence?This refers to internal activities that a company is able to perform very well to help it meet it's goals.
While it isn't easy to copy, it is easier for rivals to copy a distinctive competence than a core competence.
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See the "zane corbin, accounting major" case for this question. given the facts available in this case, do you believe the upchurch medal awarded to zane corbin should have been rescinded despite the outcome of the academic misconduct hearing? why or why not?
No, Cobin should have been stay to see the result of the academic misconduct hearing because he has some facts available in this case.
What is the William J Upchurch medal?The William J Upchurch medal is a final undergraduate award, which is given annually to the outstanding seniors in the Hopkins college of Business.
The criteria for the award consists overall GPA, GPA in business courses, involvement in student organization etc.
The facts available in this case are: Cobin was attending the orientation session in his junior year, & went to two career fairs in the past two year. He was also a member for two years. He should stay to see the result of the academic hearing.
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true or false: when testing changes, you should be sure to gain consensus and buy-in from all the people who would eventually be affected by the change.
when testing changes, you should be sure to gain consensus and buy-in from all the people who would eventually be affected by the change.
What are changes in the society?Changes can be regarded as the process which involves the transition from one idea to another, it is the changing of ones mindset which will later reflect in ones behavior.
Therefore, when testing changes, you should be sure to gain consensus and buy-in from all the people that will be affected.
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Asset deflation: Multiple select question. reflects a decline in the productive capacity of assets and therefore reduces potential output. tends to reduce the value of collateral used for consumer and producer loans and therefore consumer spending. can lead to deflation in the economy in general. tends to reduce consumer and business confidence and therefore business investment.
Generally, a firm's asset deflation mostly reflects a decline in the productive capacity of assets and therefore reduces potential output.
What is an asset deflation?This refers to the general reduction in the value of firm's assets such as lands, homes, office, machine etc \.
Most time, the firm's asset deflation mostly reflects a decline in the productive capacity of assets and therefore reduces potential output.
Therefore, the Option A is correct.
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Which accounting method correctly reflects the results in finacial statements
The accounting method that correctly reflects financial statement results is Accrual accounting.
What is accrual accounting?This is a type of accounting that takes into account the various transactions that the business goes through even those that are not cash-based.
This will therefore accurately reflect the results of the financial statement because business get involved in non-cash transactions as well as cash transactions.
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______ for an expatriate is the combination of many types of payments or reimbursements and must take into consideration exchange rates and inflation.
Compensation package for an expatriate is the combination of many types of payments or reimbursements and must take into consideration exchange rates and inflation.
What is compensation package?Compensation package can come in form of monetary payment given to an individual or employee.
This can be money accrued over a long time.
Therefore, compensation package for an expatriate is the combination of many types of payments or reimbursements and must take into consideration exchange rates and inflation.
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Managers in a cosmetics factory have been having problems with employees starting cliques. To develop more of a team culture, the ceo suggested utilizing mary parker follett’s idea that companies should.
To develop more of a team culture, the ceo suggested utilizing mary parker follett’s idea that companies should: C. Operate as a community, with employees working in harmony.
Team culture can be defined as the way in which team members are united and they tend to understand the purpose or goals of the team by ensuring they all achieve the set goals.
Mary parker follett’s idea stated that companies should work as a community including the employees working in unity.
Therefore the correct option is C.
The missing options are:
A. Increase diversity.
B. Utilize time-motion studies.
C. Operate as a community, with employees working in harmony.
D. Implement a more rigid environment.
E. Strive to cut costs and increase efficiency.
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An increase in venous return will _______
An increase in venous return will increase EDV and therefore, increase stroke volume
What are venous return?Venous return is a term used to describe the flow of blood from the periphery back to the right atrium.
An increase in venous return will increase EDV and therefore, increase stroke volume. These increased pulmonary venous return to the left atrium leads to increase the filling of the left ventricle.
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In response to ______ discrimination, congress passed the equal credit opportunity act.
In response to credit discrimination, congress passed the equal credit opportunity act. Read below about Equal Credit opportunity.
What is Equal Credit opportunity?The Equal Credit Opportunity Act (ECOA) is a United States law which was enacted on 28 October 1974.
What is the provision of the Equal Credit Opportunity Act?The act makes it unlawful for any creditor to discriminate against any applicant, with respect to any aspect of a credit transaction, on the basis of race, color, religion, national origin, sex, marital status, or age.
Therefore, the correct answer is as given above.
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Business analytics use Blank______ to derive meaning form data by finding patterns to make future predictions. Multiple choice question. facts analysis algorithms knowledge
Business analytics use Blank algorithms to derive meaning form data by finding patterns to make future predictions.
What is Business Analytics?Business analytics (BA) is a fixed of disciplines and technology for fixing commercial enterprise issues the usage of records analysis, statistical fashions and different quantitative methods. It includes an iterative, methodical exploration of an organization's records, with an emphasis on statistical analysis, to force decision-making.
Data-pushed businesses deal with their records as a commercial enterprise asset and actively search for methods to show it right into a aggressive advantage. Success with commercial enterprise analytics relies upon on records quality, professional analysts who apprehend the technology and the commercial enterprise, and a dedication to the usage of records to benefit insights that tell commercial enterprise decisions.
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________, which are incurred when pursuing a related-diversification strategy, are a function of the number, size, and types of businesses that are linked to one another.
coordination costs which are incurred when pursuing a related-diversification strategy, are a function of the number, size, and types of businesses that are linked to one another.
What are coordination costs?This is the term that has to do with the type of costs that people come about through the fact that they collaborate.
Firms are made to work together so that they would be able to carry out an activity.
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The marketing concept that relates to the idea that the entire organization must be focused on customer satisfaction is called the:
The marketing concept that relates to the idea that the entire organization must be focused on customer satisfaction is called the: service orientation.
What is service orientation?This is the strategy that businesses would take in order to ensure that they put their customer satisfaction on a high pedestal.
The goal is to be able to meet and deliver the needs of the consumers even before they are articulated by the consumers.
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which of the following is not an economic goal of leaders of most nations? a. efficiency b. price stability c. growth d. full employment e. excess goods and services
One thing that is not the economic goal of most nations is e. excess goods and services.
What economic goals do most countries want?Most countries want to be able to provide their people with an adequate living standard.
For this to happen, the economy needs to be growing and have price stability as well as full employment. There is no need for excess goods and services because this represents a waste of resources.
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If Microsoft were to dominate the entire software industry, effectively eliminating all other competitors, then Microsoft would be seen in economic terms as (a/an)
If Microsoft were to dominate the entire software industry, effectively eliminating all other competitors, then Microsoft would be seen in economic terms as a monopolist.
What is a monopoly?Monopoly is the exclusive ownership resulting from a legal advantage, control over the supply, or collective action.
Numerous well-known businesses, such as dining establishments, hair salons, clothes, and consumer electronics, are subject to monopolistic competition. McDonald's and Burger King are two excellent examples. Both are fast food companies that cater to the same clientele and provide comparable goods and services.
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The role of the Federal Open Market Committee is to:
Correct Option B : The role of the Federal Open Market Committee is to appoint the Federal Reserve Board of Governors.
The Open Market Committee (FOMC) is a regulator, but it is only loosely "controlled" by the laws that make it up and by the organizations to which it belongs (the Federal Reserve Board of Governors, and the 12 Federal Reserve District Banks, which are owned in turn by Private Banks).
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Answer: D. Set monetary policy for the United States.
Explanation: just did the test :) hope it helps you