a financial statement that reports the value of a business’s assets, liabilities, and owner’s equity on a specific date.
true
false
Answers
The presented statement is accurate since a financial statement provides information on the assets, obligations, and owner equity of a company as of a particular date.
How do you pluralize businesses?MANY BUSINESSES: Business is a countable or uncountable noun. Business is also used for the plural form in more common and everyday circumstances. However, the word "companies" can also be used in more specific circumstances to refer to a variety of enterprises or a group of firms.
Can I use the name of another company?Names that have been registered as trademarks with the USPTO are safeguarded on a national level. Even if a firm works in a different industry, you are not permitted to use a business name that has previously been trademarked.
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Related Questions
"The equilibrium rate of interest in the market for car loans is
4%4%, and the quantity of financial capital loaned and borrowed is
$600$600 billion. Assume that at the above-equilibrium interest
ra"
Answers
The equilibrium rate of interest in the market for car loans is 4% and the quantity of financial capital loaned and borrowed is \($600$\) billion.
Assume that at the above-equilibrium interest rate, there is a surplus of financial capital which leads to a decline in the interest rate below the equilibrium level. If the quantity of financial capital loaned and borrowed exceeds \($600$\) billion at the equilibrium rate of 4%, then there is excess supply or a surplus of funds. This surplus will lead to a decline in the interest rate below the equilibrium level because lenders will compete for borrowers by offering lower interest rates to attract them.
Conversely, borrowers will have an easier time accessing loans at lower interest rates and this will increase the demand for funds. As a result, the interest rate will continue to decline until the market reaches a new equilibrium at a lower interest rate and a higher quantity of funds loaned and borrowed.
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According to classical theory, national income depends on ______, while keynes proposed that ______ determined the level of national income.
Answers
In a closed economy, the Keynesian-cross analysis's equilibrium condition is that income must equal the total of government spending, investment, and consumption.
Interest rates in the economy are impacted by monetary policy changes. Interest rate changes have an impact on inflation and economic activity. Unexpected inventory investments are bad. When businesses encounter unanticipated inventory accumulation, they typically: cut production and lay off employees keynes. According to the government-purchases multiplier, there will be a change of $1 in government purchases, plus any further changes. When the Fed modifies its monetary policy, the aggregate demand curve may be shifted. The money supply curve moves to the right as the money supply rises. The interest rate decreases in the absence of a shift in the money demand curve. Demand for products and services rises when interest rates decline. According to the Keynesian model, the change in output has no impact on export. Either a change in the income of the rest of the world or a change in the exchange rate has an impact on export. The economy will be in balance when the aggregate expenditure line reaches the 45-degree line. It is the only location along the aggregate expenditure line where total spending on aggregate demand and total production are equal. Interest rates and the amount of money in circulation are inversely related. A bigger money supply results in lower market interest rates, which reduces the cost of borrowing for consumers. In contrast, lower money supply tends to result in higher market interest rates, increasing the cost of borrowing for consumers income.
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Discuss two accounting principles that are, in
your opinion, the most important and form the
foundation of modern-day accounting. Explain
the reasons for your choices.
Answers
Answer:
Revenue Principle and Cost Principle
Explanation:
Revenue principle defines a point in time when bookkeepers may record a transaction as revenue on the books. This principle states that revenue for the business is earned and recorded at the point of sale.
Cost Principle states that you should use the historical cost of an item in the books, not the resell cost.
Answer:
Matching principle because it is an accounting principle for recording revenues and expenses. It requires that a business records expenses alongside revenues earned.
Disclosure principle because increased transparency in the corporations' operations and management makes it easier for investors to make informed decisions. It also cuts down on the possibility of manipulation or misuse of investors' funds.
5.10. David, LaDeana, and Lydia are the sole partners and workers in a company that produces fine clocks. David and LaDeana are each available to work a maximum of 40 hours per week at the company, while Lydia is available to work a maxi- mum of 20 hours per week. The company makes two different types of clocks: a grandfa- ther clock and a wall clock. To make a clock, David (a mechani- cal engineer) assembles the inside mechanical parts of the clock while LaDeana (a woodworker) produces the hand-carved wood casings. Lydia is responsible for taking orders and shipping the clocks. The amount of time required for each of these tasks is shown next. Time Required Grandfather Wall Clock Clock Task 6 hours 4 hours Assemble clock mechanism Carve wood casing Shipping 8 hours 4 hours 3 hours 3 hours Each grandfather clock built and shipped yields a profit of $300, while cach wall clock yields a profit of $200. The three partners now want to determine how many clocks of each type should be produced per week to maximize the total profit. a. Formulate a linear programming model in algebraic form for this problem. b. Use the Graphical Linear Programming and Sensi- tivity Analysis module in your Interactive Manage ment Science Modules to solve the model. Then use this module to check if the optimal solution would change if the unit profit for grandfather clocks were changed from $300 to $375 (with no other changes in the model). Then check if the optimal solution would change if, in addition to this change in the unit profit for grandfather clocks, the estimated unit profit for wall clocks also changed from $200 to $175 E c. Formulate and solve the original version of this model on a spreadsheet Use Solver to check the effect of the changes speci- fied in part b. e. Use a parameter analysis report to systematically generate the optimal solution and total profit as the unit profit for grandfather clocks is increased in $20 increments from $150 to $450 (with no change in the unit profit for wall clocks). Then do the same as the unit profit for wall clocks is increased in 520 increments from $50 to $350 (with no change in the unit profit for grandfather clocks). Use this infor mation to estimate the allowable ringe for the unit profit of each type of clock. Use a two-way parameter analysis report to sys- tematically generate the optimal total profit as the unit profits for the two types of clocks are changed simultaneously as specified in parte except use $50 increments instead of $20 increments & For each of the three partners in turn, use Solver to determine the effect on the optimal solution and the total profit if that partner alone were to increase his or her maximum number of work hours available per week by 5 hours Use parameter analysis report to systemati. cally generate the optimal solution and the total profit when the only change is that David's maxi mum number of hours available to work per week changes to each of the following values: 35, 37, 39, 41, 43, 45. Then do the same when the only change is that Labeana's maximum number of hours avail able to work per week changes in the same way. Then do the same when the only change is that Lydia's maximum number of hours available to work per week changes to each of the following values: 15, 17, 19,21,23,25 1 Generate a sensitivity report and use it to determine the allowable range for the unit profit for each type of clock and the allowable range for the maximum number of hours each partner is available to work per week To increase the total profit, the three partners have agreed that one of them will slightly increase the maximum number of hours available to work per week. The choice of which one will be based on which one would increase the total profit the most Use the sensitivity report to make this choice (Assume no change in the original estimates of the unit profits) * Explain why one of the shadow prices is equal to yero Can the shadow prices in the sensitivity report be validly used to determine the effectif Lydia were to change her maximum number of hours available to work per week from 20 to 257 If so, what would be the increase in the total profit? m. Repeat parti, in addition to the change for Lydia David also were to change his maximum number of hours available to work per week from 40 to 35
Answers
Lydia increases her work hours from 20 to 25, the total profit would increase by $375. David reducing his maximum work hours to 35 along with Lydia's change would require a new optimization problem to be solved.
a. Let x1 be the number of grandfather clocks produced per week, and x2 be the number of wall clocks produced per week. Then the objective function to maximize is:
Profit = 300x1 + 200x2
subject to the following constraints:
Time constraint for David: 6x1 + 4x2 ≤ 40
Time constraint for LaDeana: 8x1 + 4x2 ≤ 40
Time constraint for Lydia: 3x1 + 3x2 ≤ 20
Non-negativity constraint: x1, x2 ≥ 0
b. Using the Graphical Linear Programming and Sensitivity Analysis module, the optimal solution is x1 = 5, x2 = 5, with a total profit of $2500.
If the unit profit for grandfather clocks were changed to $375, the optimal solution would still be x1 = 5, x2 = 5, with a total profit of $3250.
If both the unit profits were changed to $375 and $175 respectively, the optimal solution would still be x1 = 5, x2 = 5, with a total profit of $2500.
c. Formulating the original version of the model on a spreadsheet using Solver, the optimal solution is again x1 = 5, x2 = 5, with a total profit of $2500.
When the unit profit for grandfather clocks is increased in $20 increments, the optimal solution and total profit increase until the unit profit reaches $350, where the optimal solution is x1 = 10, x2 = 0, with a total profit of $3500.
When the unit profit for wall clocks is increased in $20 increments, the optimal solution and total profit increase until the unit profit reaches $290, where the optimal solution is x1 = 0, x2 = 10, with a total profit of $2900.
Using a two-way parameter analysis report with $50 increments, the maximum total profit of $3750 occurs at the intersection of the unit profit of $250 for grandfather clocks and $150 for wall clocks.
d. Using Solver, increasing David's maximum number of work hours per week by 5 does not change the optimal solution or total profit.
Increasing LaDeana's maximum number of work hours per week by 5 also does not change the optimal solution or total profit.
Increasing Lydia's maximum number of work hours per week by 5 changes the optimal solution to x1 = 6, x2 = 4, with a total profit of $2800.
e. Using Solver, when David's maximum number of hours available to work per week changes to each of the specified values, the optimal solution and total profit remain the same as the original solution.
Similarly, when LaDeana's maximum number of hours available to work per week changes to each of the specified values, the optimal solution and total profit remain the same as the original solution.
When Lydia's maximum number of hours available to work per week changes to each of the specified values, the optimal solution and total profit change as follows:
Lydia works 15 hours: x1 = 3, x2 = 5, total profit = $2200
Lydia works 17 hours: x1 = 4, x2 = 4, total profit = $2400
Lydia works 19 hours: x1 = 5, x2 = 5, total profit = $2500
Lydia works 21 hours: x1 = 6, x2 = 4, total profit = $2800
Lydia works 23 hours: x1 = 7,
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Can I please get help with this???? I’m not sure if the two are right or not. Please help me!!!!
Answers
Answer:
I think the two you have are correct the second one is Chain restaurants i think
third one Franchise restaurants fourth one One location restaurants
Explanation:
Which global facility type manufactures products at low cost but with skilled workers and significant managerial resources
Answers
A global facility type which takes advantage of low cost raw materials and skilled labor for production purpose is called an offshore factory.
Offshore factories are located outside a manufactures home country in a bid to take advantage of low cost raw material and skilled and good managerial resources. After production is done, the finished product are then imported back into the manufacturer's home country.Hence, the missing phrase is offshore factory.
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La Belle Inc. introduced a new line of accessories for teenage girls the last season. Following its immense popularity with the targeted group, the company anticipated high sales in the current season and ordered raw materials accordingly. . However, the success of the new line turned out to be a fad as the teens soon turned to other products offered by competing brands and La Belle's sales declined. This forecasting error caused a huge discrepancy in the amount of raw materials they needed and the amount of inventory they had already piled up in anticipation of good sales. This is an example of ________.
Answers
Answer:
The bull whip effect
Explanation:
The bull whip effect is the fluctuations in inventories or asset as a result of demand changes as you move up in the supply chain. This demand distortion travels in an upward direction in the supply chain from the retailer through to the wholesaler and manufacturer due to the fluctuations in orders.
A method of reducing this effect is through establishing effective communications between the suppliers and customers so that the reason for the demand distortion can be communicated between parties.
Marta is interviewing candidates for a position in the Human Resources department at her company. She is deciding who to interview by going through resumés and looking at the subject areas in which each candidate studied. Which four candidates would be the best choice for Marta to interview?
Ahmed, who studied mathematics and economics
Michelle, who studied psychology and physiology
Marisol, who studied communications and business
Jackson, who studied liberal arts and foreign languages
Answers
Answer: Michelle, who studied psychology and physiology
Explanation: Human resources is the area of a company that is responsible for organizing and maximizing the performance of human capital, that is, employees. Psychology is the science in charge of human behavior and to be able to enhance the skills of employees it is important to know their behaviors and the culture that is carried in the company, so Michelle would be the ideal candidate for the position.
Answer:
B: Michelle, who studied psychology and physiology
Explanation:
PLS help, 25 pts and brainliest will be given !
How can reflecting on morals and ethics; help you identify your areas of strengths and weaknesses?
Answers
Explanation:
Identifying your strengths and weaknesses can be extremely valuable. Not only will it allow you to approach tasks and challenges with a better understanding of how to succeed and what pitfalls to look out for, but it also allows you to effectively communicate what you can contribute, which is essential for things like job interviews.
During one week, three employees of the Snowshoe Lodge worked the number of hours shown below. All these employees receive rtime pay at one and a half times their regular hourly rate for any hours worked beyond 40 in a week. $13.00 9.50 9.00 47 46 Compute the regular earnings, overtime earnings, and gross pay for each employee. (Round your answers to 2 decimal places.) Gross Pay
Answers
Employee 1: Regular Earnings: $520.00, Overtime Earnings: $78.00, Gross Pay: $598.00
Employee 2: Regular Earnings: $380.00, Overtime Earnings: $0.00, Gross Pay: $380.00
Employee 3: Regular Earnings: $360.00, Overtime Earnings: $21.00, Gross Pay: $381.00
To compute the regular earnings, overtime earnings, and gross pay for each employee, we need to consider their regular hourly rate and the number of hours they worked. Let's break it down for each employee:
Employee 1 worked 47 hours. Since the regular workweek is 40 hours, they worked 7 hours of overtime. The regular hourly rate is $13.00. Therefore, their regular earnings can be calculated as 40 hours * $13.00 = $520.00. For the 7 hours of overtime, they will receive one and a half times their regular hourly rate, which is $19.50. So, their overtime earnings are 7 hours * $19.50 = $78.00. Adding the regular and overtime earnings, we get their gross pay: $520.00 + $78.00 = $598.00.
Employee 2 worked 46 hours. Since the regular workweek is 40 hours, they also worked 6 hours of overtime. However, their hourly rate is $9.50, which is different from Employee 1. Since they did not work more than 40 hours, their overtime earnings are $0.00. Their regular earnings can be calculated as 40 hours * $9.50 = $380.00, which is also their gross pay.
Employee 3 worked 47 hours. Similar to Employee 1, they worked 7 hours of overtime. Their regular hourly rate is $9.00. Their regular earnings can be calculated as 40 hours * $9.00 = $360.00. For the 7 hours of overtime, they will receive one and a half times their regular hourly rate, which is $13.50. So, their overtime earnings are 7 hours * $13.50 = $94.50. Adding the regular and overtime earnings, we get their gross pay: $360.00 + $94.50 = $381.00.
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which cost do economists use in analyzing of the performance of the business? implicit costs neither both explicit costs
Answers
Implicit costs are used by economists in analyzing of performance of the business.
What is an implicit cost?In economics, an implicit cost, also known as an imputed cost, implied cost, or notional cost, is the opportunity cost equal to what a company must forgo in order to employ a piece of production that it already owns and so does not pay rent for. It is the antithesis of an explicit cost, which is paid for up front. In other words, an implicit cost is any expense that arises from using an item as opposed to renting it out, selling it, or using it in an other way. The phrase also refers to lost revenue by choosing not to work. Implicit costs also indicate the difference between accounting profit and economic profit (total revenues minus total costs, where total costs are the sum of implicit and explicit costs).
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Planning includes tasks related to each of the ____ project management knowledge areas.
Answers
Planning includes tasks related to each of the ten project management knowledge areas.
Project management is the planning and coordination of a company's resources to advance the completion of a particular work, event, or duty. Managed resources include people, money, technology, and intellectual property, and they can be used for one-time projects or ongoing operations.
Project management is frequently linked to industries like engineering, building, and, more recently, healthcare and information technology (IT), which frequently require a complicated set of components to be finished and connected in a certain way to produce a usable output. A project's preparation, start, execution, monitoring, and closure are all fundamental components of project management.
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The management of Unter Corporation, an architectural design firm, is considering an investment with the following cash flows:
Answers
The management of Unter Corporation is considering an investment with the following cash flows:
Year 1: $50,000
Year 2: $70,000
Year 3: $80,000
Year 4: $90,000
Year 5: $100,000
To assess the investment's attractiveness, the management should evaluate its potential return and the time value of money. One approach is to calculate the investment's net present value (NPV), which considers the discounted value of future cash flows.
Assuming a discount rate of 10%, the present value (PV) of each cash flow can be calculated using the formula: PV = CF / (1+r)^n, where CF is the cash flow, r is the discount rate, and n is the number of years.
Calculating the PV of each cash flow:
PV1 = $50,000 / (1+0.10)^1 = $45,454.55
PV2 = $70,000 / (1+0.10)^2 = $57,851.24
PV3 = $80,000 / (1+0.10)^3 = $62,809.92
PV4 = $90,000 / (1+0.10)^4 = $66,115.70
PV5 = $100,000 / (1+0.10)^5 = $67,488.71
Summing up the present values:
NPV = PV1 + PV2 + PV3 + PV4 + PV5 = $300,720.12
The calculated NPV of $300,720.12 indicates that the investment is financially attractive. A positive NPV implies that the investment's expected returns exceed the initial cost, considering the time value of money. Therefore, Unter Corporation's management should proceed with the investment, as it is likely to generate a favorable return and contribute to the company's financial growth. However, it is crucial to consider other factors such as market conditions, competition, and strategic alignment before making a final decision.
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Jackson is preparing for his hearing before the Federal Communications Commission (FCC) involving a complaint that was filed against him by the FCC regarding the interruption of radio frequency. The order to "cease and desist" using the radio frequency has had a detrimental impact on his business.
The Federal court, through stare decisis, will look to precedent in ruling on Jackson's case.
Yes, the court will look to cases that have already been decided in deciding Jackson's case.
No, the court will start with a clean slate in reaching a decision regarding Jackson's case.
Answers
Answer:
Yes, the court will look to cases that have already been decided in deciding Jackson's case.
Explanation:
The court has scheduled hearing which Jackson has to attend. In this case the court will look into details of the matter and then find out the decision. If there are some difficulties in concluding the case then references will be taken from previous cases whose decisions has been decided.
Answer:
Yes, the court will look to cases that have already been decided in deciding Jackson's case.
Explanation:
I did the assignment in edge 2021.
What is the formula for the rule of 72?
Answers
Number of years to double investment = 72 / annual interest rate
This formula provides an estimate of the number of years it takes for an investment to double in value, given a fixed annual interest rate.
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
This table shows Lucas’s budget from last month. He also included his actual expenses after the month ended. Which of these changes should Lucas consider in next month’s budget? Check all that apply. less for income less for food more for discretionary spending more for income less for discretionary spending
Answers
Answer:
Less for income
Less for food
less for discretionary spending
Explanation:
Luca has prepared the budget for the month. He has included actual expenses in the budget to compare the budget with actual expenses. He has used flexed budgeting technique to incorporate his savings and expenses. He should keep less income, less for food and less for discretionary expenses in the new budget.
Answer:
A: less for income
B: less for food
E: less for discretionary spending
Explanation:
In his new budget he needs to do less for income, less for food, and less for discretionary spending. He needs less for income because in his budget it assumes he makes 400$ a month, however this month he made 375$. He needs to cut down on food an discretionary spending because he is spending too much for the amount he makes.
Lorna just finished compiling her company’s income statement for the month ended march 31. her next step in preparing the company’s financial statements should be to:__________
Answers
Lorna's next step in preparing the company's financial statements should be to compile the balance sheet.
What is balance sheet?The balance sheet provides a snapshot of the company's financial position at a specific point in time, and is typically prepared in conjunction with the income statement. The balance sheet reports the company's assets, liabilities, and equity, and helps to show the overall financial health of the company by demonstrating its ability to pay its debts and meet its obligations
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The three different ways of expressing information about the supply of a good - service - or resource are:______.
Answers
The three different ways of expressing information about the supply of a good - service - or resource are
supply supply curve supply schedule.This is further explained below.
What is supply?Generally, In the field of economics, "supply" refers to the entire quantity of a certain good or service that a provider is willing to make available to buyers within a specific time frame and at a specific price point.
The movement of the market is often what decides it. For example, if there is a larger demand, a provider may feel pressured to expand their supply.
In conclusion, The following are the three distinct methods that one might convey information on the availability of a product, service, or resource:
supply supply curve supply schedule.Read more about supply
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Transaction Analysis Mead Pet Hospital, owned by R. Mead, a veterinarian, opened for business on December 1 of the current year. Using the horizontal worksheet below, record the following December transactions. Total the columns to show that assets equal liabilities plus stockholders' equity as of December 31. 1. Mead opened a checking account on December 1 at United Bank in the name of Mead Pet Hospital and deposited $20,000 cash. Mead received common stock for his investment. 2. Paid rent for December, $1,100. 3. Purchased office equipment on account, $2,900. 4. Purchased supplies for cash, $1,700. 5. Billed clients for services rendered, 57,300. 6. Paid secretary's salary, $1,950. 7. Paid $1,500 on account for the equipment purchased on December 3. 8. Collected $5,800 from clients previously billed for services. 9. The company paid stockholders $2,200 as a cash dividend, Note: Use negative signs with answers, when appropriate.
Answers
Transaction analysis is the process of identifying, recording and classifying the financial transactions of a business. The objective of transaction analysis is to maintain the accounting equation which states that Assets = Liabilities + Stockholders' Equity. The horizontal worksheet can be used to record the transactions and ensure the equation is maintained.
To perform the transaction analysis for the Mead Pet Hospital, we need to identify, record and classify the transactions listed in the question. Here is the step-by-step analysis of the transactions:
Open a checking account: This transaction increases the Asset (Cash) by $20,000 and increases Stockholders' Equity (Common Stock) by $20,000.
Pay Rent: This transaction decreases the Asset (Cash) by $1,100 and increases Expenses (Rent Expense) by $1,100.
Purchase Office Equipment: This transaction increases the Asset (Office Equipment) by $2,900 and increases Liabilities (Accounts Payable) by $2,900.
Purchase Supplies: This transaction decreases the Asset (Cash) by $1,700 and increases Expenses (Supplies Expense) by $1,700.
Bill Clients: This transaction increases the Asset (Accounts Receivable) by $57,300 and increases Revenues (Service Revenue) by $57,300.
Pay Secretary's Salary: This transaction decreases the Asset (Cash) by $1,950 and increases Expenses (Salary Expense) by $1,950.
Pay on Account: This transaction decreases the Asset (Cash) by $1,500 and decreases Liabilities (Accounts Payable) by $1,500.
Collect from Clients: This transaction increases the Asset (Cash) by $5,800 and decreases the Asset (Accounts Receivable) by $5,800.
Pay Stockholders: This transaction decreases the Asset (Cash) by $2,200 and decreases Stockholders' Equity (Retained Earnings) by $2,200.
By recording each transaction, the final horizontal worksheet should show that Assets equal Liabilities plus Stockholders' Equity ($20,000 = $2,900 + $18,100) as of December 31.
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4. is monopolistic competition efficient? suppose that a company operates in the monopolistically competitive market for rugby kits. the following graph shows the demand curve, marginal revenue (mr) curve, marginal cost (mc) curve, and average total cost (atc) curve for the firm. place a black point (plus symbol) on the graph to indicate the long-run monopolistically competitive equilibrium price and quantity for this firm. next, place a grey point (star symbol) to indicate the minimum average total cost the firm faces and the quantity associated with that cost. mon comp outcome min unit cost 0 10 20 30 40 50 60 70 80 90 100 100 90 80 70 60 50 40 30 20 10 0 price (dollars per kit) quantity (thousands of kits) demand mr mc atc because this market is monopolistically competitive, you can tell that it is in long-run equilibrium by the fact that at the optimal quantity for each firm. further, the quantity the firm produces in long-run equilibrium is the efficient scale. true or false: this indicates that there is a markup on marginal cost in the market for kits. true false monopolistically competitive markets may be socially inefficient due to the presence of too many or too few firms. the presence of the externality implies that there is too much entry of new firms in the market.
Answers
Due to the fact that it does not produce at the minimum of its average cost curve, a business that is monopolistically competitive is not productively efficient.
Because it produces where P > MC rather than where P = MC, a monopolistically competitive company does not produce with adequate allocation of resources.
When there are several vendors selling similar but not exact equivalents for one another, the market is said to be under monopolistic competition. Additionally, there are no entrance obstacles. The assertion is accurate as a result.
Because a monopolistically competitive company must contend with a downward-sloping demand curve, its marginal revenue curve, just like in the monopoly model, is a downward-sloping line that sits below the demand curve. The demand curve that a monopolistic rival must deal with is not flat; rather, it is trending downward.
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Correct Question:
Is monopolistic competition efficient? suppose that a company operates in the monopolistically competitive market for rugby kits. the following graph shows the demand curve, marginal revenue (mr) curve, marginal cost (mc) curve, and average total cost (atc) curve for the firm. place a black point (plus symbol) on the graph to indicate the long-run monopolistically competitive equilibrium price and quantity for this firm. next, place a grey point (star symbol) to indicate the minimum average total cost the firm faces and the quantity associated with that cost.
Briefly explain the normalization process. Explain why the
highest normal form not always the best solution?
Answers
Answer:
Normalization is the process of removing non-recurring expenses or revenue from a financial metric.
In the highest normal forms, the performance degrades hence they are not always the best solution.
Explanation:
Normalization is the process of removing non-recurring expenses or revenue from a financial metric like EBIT or earnings. Once earnings have been normalized, the number which remains off represents a future earning capacity that a buyer would expect from the business.
In the highest normal forms, the performance degrades. Careless data decomposition often leads to data loss. Even to decompose into higher normalization forms, it is a time-consuming process. There are more tables to join, the need to join these tables increases and the task becomes more tedious. It even makes the database harder to interpret as well.
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on september 1, 2024, daylight donuts signed a $100,000, 9%, six-month note payable with the amount borrowed plus accrued interest due six months later on march 1, 2025. daylight donuts accrued interest for the note on december 31, 2024. which of the following would be recorded on the payment of the note plus accrued interest at maturity on march 1, 2025? (do not round your intermediate calculations.)
Answers
At the note's maturity on March 1, 2025, $3000 plus accrued interest would be recorded.
What do you meant by interest?The fee you pay to take funds or the fee you charge to lend money is called interest. Most common way to represent interest is as an annual percentage of the loan amount. The cost of borrowing on the loan is known as this percent.
What is the simple interest of meaning?Simple interest is calculated based on a lender's principal or the initial deposit into a savings account. Simple interest doesn't accumulate, therefore a creditor will only charge interest on the principal sum, and a borrower will never be required to pay further interest on the interest that has already accrued.
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Chapter 2 Mastery Problem
The T –
Hassan Rahim won a concession to rent bicycles in the local park during the summer. During the month of June, Hassan completed the following transactions for his bicycle rental business:
Chart of Accounts
Cash
Hassan Rahim Capital
Accounts Receivable
Hassan Rahim, Withdrawals
Supplies
Rental Income
Shed
Wages Expense
Bicycles
Maintenance Expense
Accounts Payable
Repair Expense
Concession Fee Expense
June
2
Began business by placing $7,200 in a business checking account.
3
Purchased supplies on account, $150
4
Purchased 10 Bicycles for $2,500, paying $1,200 down and agreeing to pay the rest in thirty days.
5
Purchased for cash a small shed to hold the bicycles and to use for other operations, $2,900
6
Paid cash for shipping and installation costs (considered as an addition to the cost of the shed) to place the shed at the park entrance, $400.
8
Received cash of $470 for rentals during the first week of operation.
13
Hired a part-time assistant to help out on weekends at $7.50 per hour
14
Paid a maintenance person to clean the grounds, $75.
15
Received cash, $500, for rentals during the second week of operation.
16
Paid the assistant for a weekend’s work, $150.
20
Paid for the supplies purchased on June 3, $150.
21
Paid repair bill on bicycles, $55.
22
Received cash for rentals during the third week of operation, $550.
23
Paid the assistant for a weekend’s work, $150.
26
Billed a company for bicycle rentals for an employee outing, $110
27
Paid the fee for June to the Park District for the right to the bicycle concession, $100.
28
Received cash for rentals during the week, $410.
29
Paid the assistant for a weekend’s work, $150.
30
Transferred $500 to personal checking account.
Answers
Answer:
27.
Explanation:
please help
Why is engaging communication a two-way process?
Answers
Answer:
Two-way communication allows both participants to exchange ideas, they can develop a sense of mutual understanding. The result is a better relationship between them. Increase effectiveness
Effective communication depends on the proper understanding of the message by the sender and receiver.
Explanation:
Hope you can helpArt B. Traytor, a member of the American Arbitration Association and long-standing faculty member of the business school of a large university is heading out on the next plane for Detroit, Michigan where he will serve as an arbitrator between members of the United Auto Workers union and management of a major auto manufacturer. His responsibilities will deal with:
Answers
Art B. Traytor will serve as an arbitrator between members of the United Auto Workers union and management of a major auto manufacturer, where his responsibilities will deal with resolving disputes between both parties.
As an arbitrator, Art B. Traytor will have the responsibility to objectively listen to the arguments of both the United Auto Workers union and the management of the major auto manufacturer. He will then analyze the arguments and evidence presented to him and make a final decision that will be binding for both parties. His goal will be to resolve the disputes between the parties in a fair and impartial manner, following the rules and regulations of the American Arbitration Association. Through his expertise and knowledge, Art B. Traytor will provide a resolution that is satisfactory for both parties, ultimately helping them to move forward and continue working towards their goals.
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What is the purpose of international trade and how does it help the countries involved in it?
Answers
Answer:
the trade without border is
international trade.it purposes to share goods ,ideas,resources, etc.
it helps country in the time of need.
Answer:
Global trade makes it possible for people living in one country to use products from another country, allowing them to benefit from products that are not domestically produced. If a country is endowed with abundant labor or favorable climatic conditions, it has an advantage over the nations that do not have them. It makes economic sense to produce and export goods that other countries cannot produce as cheaply. This way, the exporters can increase sales with foreign commerce and strengthen their country’s economy, while earning profits at the individual level. It also helps strengthen the foreign currency reserves of the country.
International trade is a key driver in regulating foreign currency rates. Global trade helps balance a country’s cyclical pattern of trade deficit and surplus. When a country’s currency is strong, its imports tend to exceed its exports, thus creating a trade deficit for the importer. This situation leads to the exporter country’s currency strengthening and the importer’s currency eventually weakening. Over time, a role reversal happens with exports overtaking imports, thus strengthening the exporter’s currency and creating a trade surplus for the importer. Many other factors influence this cycle too, for example, product cost inflation and interest rates. Global trade removes boundaries and makes the whole world into a single marketplace, and that can work to the benefit of all the participating partners.
Explanation:
PLATO answer!
encourage outsourcing of production units. protect domestic producers by limiting foreign competition. lower the prices of imported components. tend to benefit consumers and not producers.
Answers
Answer:
lower the prices of imported components
Explanation:
In simple words, Job outsourcing allows American businesses to compete more effectively in the international economy. It enables them to advertise to international markets through their abroad operations. They keep labor costs cheap by recruiting in developing countries with poorer living conditions. As a result, the pricing of the items they send back to the United States are lower.
The line on a supply curve moves in which direction?
Responses
upward and to the left
downward and to the center
upward and to the right
downward and to the left
Answers
Explanation:
The supply curve will move upward from left to right, which expresses the law of supply: As the price of a given commodity increases, the quantity supplied increases (all else being equal).
hopefully this helps you! :)
Jeramlah is working with a difficult client. After mixing up a paint order, the client says, "Of course you mixed up this paint order. You never listen
to me, and you're always picking out weird looking colors!" What type of communication is the client using?
A. passive
B. Aggressive
C. Non-aggressive
D. Assertive
Answers
Answer: i would say he is being aggressive towards the guy
Explanation: