cost-plus pricing occurs when a markup percentage is added to the cost of a job.
Markup pricing is another term for cost-plus pricing. It is a pricing method in which a fixed percentage is added to the cost of producing one unit of a product (unit cost). The resulting number is the product's selling price. When building and design plans are still fluid and time is of the essence in getting a project started, a cost-plus agreement is a good option. You can determine a selling price for a product that yields your desired profit margin by adding a simple markup to your total costs. While the cost-plus method has some disadvantages, a little market research will reveal whether it is the best pricing strategy for you.
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as the size of a tax rises, the deadweight loss a. rises, and tax revenue first rises, then falls. b. rises as does tax revenue. c. falls as does tax revenue. d. falls, and tax revenue first rises, then falls.
As taxes increase, the deadweight loss from the tax increases. In fact, as taxes increase, the deadweight loss rises greater rapidly than the dimension of the tax.
What motives deadweight loss to increase?Deadweight losses particularly occur from an inefficient allocation of resources, created by using a range of interventions, such as fee ceilings, charge floors, monopolies, and taxes. These factors lead to the charge of a product now not being precisely reflected, meaning items are both overestimated or undervalued.
What does deadweight loss of tax depends on?Deadweight loss of taxation measures the ordinary economic loss precipitated by means of a new tax on a product or service. It analyses the limit in production and the decline in demand brought on through the imposition of a tax. It is a lost possibility cost.
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Pre-assessment gives instructors a means to gain crucial details about what students know and can perform before teaching, as well as about their interests and learning preferences. Pre-assessments may consist of activities to be completed using paper and pencil or maybe performance-based.
Before starting a learning activity, diagnostic tests, often called pre-assessments, give teachers insight into students' prior knowledge and beliefs. They also offer a starting point for determining how much learning has occurred when the learning activity is over.
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The loan amount (principal) is $50,000 and the annual interest paid is $5,500. What is the annual interest rate
Answer:
The interest rate is 11%
Explanation:
The loan amount = $50000
Interest amount = $5500
Since the annual interest amount and the principal amount is given so we have to find the interest rate by using the given information. Below is the formula to find the interest rate.
Let the interest rate = x
Principal × interest rate = Interest amount
$50000 × r = $5500
r = $5500 / $50000
r = 0.11 or 11%
The interest rate is 11%
if you are an equity investor how do you make money from your investment?
(A) Continuing to invest more money over time.
(B) Lending money and charging interest
(C) Selling the investment for more than you paid for it
(D) Sharing the equity with others
Answer:
(C) Selling the investment for more than you paid for it.
Explanation:
The investor can create profits by buying shares at a lowered price and trading them at a greater exchange price. Bonus Problem: If a business is functioning particularly well, it might give available shares to its stockholders. Investors should have a clear knowledge of their maneuvering before buying stock so they understand the best technique to estimate any possible stock purchase.
Answer:
Selling the investment for more than you paid for it
Explanation:
3. When you find an error on a credit report, what are 2 things to do?
Answer:
If you've spotted an error on one of your credit reports, you should take immediate steps to correct the inaccuracy.
-Send a letter to the credit bureau.
-Determine if you should contact the data furnisher as well.
Explanation:
okay?
Mr. Green orders some cookies from a local youth group. Using his order form shown below, complete the last column to find the total to be paid. Quantity Description Unit Price Total of Line 2 Krispy Kosmos $2. 89 $ 1 Chewy Chocos $3. 19 $ 1 Gooey Globs 2. 99 $ Total $ 5. 8% tax $ Total to be paid $ a. $9. 60 b. $11. 96 c. $12. 65 d. $18. 90.
Mr. Green has to pay $9.80 to the local youth group for the cookies he ordered. Hence, the correct option is (d) $18.90.
To find the total to be paid by Mr. Green for the cookies ordered from a local youth group, given the quantity and price per unit of each cookie, the following calculations should be done:
Quantity Description Unit Price Total of Line
2 Krispy Kosmos $2.89 $2.89
Chewy Chocos $3.19 $3.19
Gooey Globs $2.99 $2.99
Total $ 9.07
As the tax rate is 8%,
Total tax to be paid = 8% of $9.07
= 0.08 × $9.07
= $0.73
The total amount to be paid by Mr. Green including tax is,
= Total cost of cookies + Total tax amount
= $9.07 + $0.73
= $9.80
Therefore, Mr. Green has to pay $9.80 to the local youth group for the cookies he ordered.
Hence, the correct option is (d) $18.90.
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At year-end, when revenues exceed expenses, Avery Company closes _____________ with a credit to retained earnings and _________ with a debit to retained earnings.
At year-end, when revenues exceed expenses, Avery Company closes Revenue accounts with a credit to retained earnings and Expense accounts with a debit to retained earnings.
This process is part of the closing entries in accounting. Revenue accounts, such as Sales Revenue, have a credit balance and are closed by transferring their balances to the retained earnings account. This is done by debiting the Revenue accounts and crediting the retained earnings account.
Expense accounts, such as Cost of Goods Sold and Operating Expenses, have debit balances and are also closed by transferring their balances to the retained earnings account. This is done by crediting the Expense accounts and debiting the retained earnings account.
By closing the Revenue and Expense accounts to retained earnings, Avery Company properly accounts for its revenues and expenses, and the net income (revenues minus expenses) flows into retained earnings, reflecting the company's profitability for the year.
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Gossip occurs when Jen and Kathy talk about _______. A. Their coworker Ted. B. The upcoming World Series. C. Their favorite TV show d. The clothes they will wear to a party.
Gossip occurs when Jen and Kathy talk about their coworker Ted.
What is a Gossip?
A Gossip can be regarded as the practice usually found in the society and organization which involves talking about someone behind him or her.
It involves a friend saying something else about co workers and this can cause problem in the organization.
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Gossip occurs when Jen and Kathy talk about their coworker Ted.
The correct option is (A).
What is Single All The Way?Single all the way is a Netflix-based Canadian romance comedy.
This is based on gay romance. The character has to answer his family's questions about being single because his family doesn't know that he is gay.
Thus, the correct option is (A) Their coworker Ted.
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a____gives an organization a sense of purpose and a set of values that unite workers.
A mission statement gives an organization a sense of purpose and a set of values that unite workers.
What is a mission statement?A mission statement is a statement of purpose that defines the goals and values of an organization. It serves as a guide for decision-making and helps to align the efforts of all members towards a common objective. A mission statement can also communicate the company's values to customers, employees, and other stakeholders. It is often brief, memorable, and encapsulates the core purpose of the organization.
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individuals who filter, interpret, or provide product and brand-relevant information to their family, friends, and colleagues are known as
Individuals who filter, interpret, or provide product and brand-relevant information to their family, friends, and colleagues are known as opinion leaders.
Interpersonal conversation is an alternate of records among or extra people(vanhu). It is likewise a place of studies that seeks to recognize how human beings use verbal and nonverbal cues to perform some of private and relational goals.
A shopping for procedure is the collection of steps that a client will take to make a buying decision. A trendy version of client buy decision-making consists of reputation of wishes and wants, records search, assessment of choices, buy, and post-buy assessment.
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What would it mean to our economy if the government took control of how and when businesses operate? Furthermore, what if they also began seizing bank accounts and/ or property?
The employee earnings record would contain which column that the payroll register would probably not contain?
A. deductions
B. payment
C. earnings
D. cumulative earnings
The employee earnings record and the payroll register are two important documents used in processing employee salaries and benefits. The employee earnings record is a document that contains detailed information about an employee's earnings for a specific period.
It usually includes the employee's name, employee number, pay period dates, gross earnings, deductions, net pay, and cumulative earnings for the year. The payroll register, on the other hand, is a summary document that provides a summary of all employees' gross earnings, deductions, and net pay for a specific pay period.
The employee earnings record would contain the column for "deductions," which is not found on the payroll register. This column contains information about the various deductions made from an employee's paycheck, such as taxes, health insurance, retirement plans, and other benefits. The employee earnings record serves as an important document for tracking and monitoring an employee's earnings and deductions throughout the year.
The payroll register, on the other hand, provides a summary of all employees' earnings and deductions for a specific pay period. It usually includes the employee's name, employee number, gross earnings, deductions, and net pay. However, it does not contain the column for "deductions" since it is a summary document.
In conclusion, the employee earnings record would contain the column for "deductions," which is not found on the payroll register. The employee earnings record serves as an important document for tracking and monitoring an employee's earnings and deductions throughout the year, while the payroll register provides a summary of all employees' earnings and deductions for a specific pay period.
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Macroeconomics is the branch of economics that focuses on:
A. comparing the lifestyles of poor and wealthy citizens.
B. economic principles affecting entire countries.
C. helping people find jobs when they're unemployed.
D. financial problems affecting individual families.
Answer:
B. economic principles affecting entire countries.
Explanation:
Macroeconomics is the part of economic studies that studies the economy of a country as a whole. In this branch of economics, the aggregate income, growth, expenditure and inflation are considered. The performance of the entire economy is measured under macroeconomics. National income, Gross domestic product, inflation and unemployment fall under the macroeconomic studies.
Answer:
economic principles affecting entire countries
Explanation:
i took the test
90 + 150 is what
a 140
b 240
c 350
d150
Answer:
B 240
Explanation:
Managerial economist estimates the price-quantity relationship for Textile Company to be p= 40-4q a. At what output rate demand is unitary elastic? b. Over what range of output demand is elastic? c. Over what ranges of the output of demand are inelastic?
Answer:
So unit elastic at q = 5
inelastic above 5
and elastic below 5
Explanation:
The elasticity is determianted by the marginal revenue.
Our first goal is to find the marginal revenue function
p = 40 - 4q
total revenue(TR) = quantity times price
q x (40 - 4q) = -4q^2 +40q
marginal revenue TR(q)/d(q) = -8q + 40
Now, with this fuction the economic analisys states that a demand is unit elastic when marginal revenue is zero.
It will be inelastic below zero and elastic above zero
MR will be zero when q = 5
-8(5) + 40 = 0
As quantity increases the demand will be inelastic
while
what form of capital does vodacom obtain
Sheila Marie Abducted by Aliens
Raman is a Government servant, his wife Radha is an advocate and their son Amit is engaged in retailing of electronic goods. Identify the type of activities they are engaged in. Also differentiate between the identified activities on any three parameters.
Answer:
Kindly see Explanation
Explanation:
Raman is described above as being a government servant, this means Raman is an employee of the Federal or State Government. In other words, Raman works in a government runned establishment. Raman is in the civil service.
Radha who is described as an advocate could be explained as an individual who lends his or her voice in other to make others get heard or a protagonist of a certain course.Radha could be described as being into Law or judicial activities.
Amit who retails electronic goods could be described as being self-employed who is into buying and selling.
Difference between activities of Raman, Radha and Amit.
1.) Engagement sector:
Raman works in the civil service, while Radha work is inclined with the legal and activism process and Amit is into commerce.
EMPLOYER:
2.) Raman is clearly a government employee, Radha could work for Non-governmental or Volunteer organizations, while Amit is Self-employed.
DECISION-MAKING :
3.) Raman works based on defined government framework and rules, Radha as an advocate is more inclined towards promoting morality, While Amit will make decisions based on what is best for his business as an entrepreneur.
DECA is a CTSO for:
A. Blue-collar Workers
B. Maintenance Workers
C. Fashion Students
D. Marketing Students
Which economic system has the most government control? (Select the best answer.)
A planned economy . A traditional economy . A mixed economy . A market economy
Answer:
A planned economy because they know what is going to be put in place at any certain time, so they have the most power. Hope it helps! Please vote Brainliest!
Explanation:
Answer:
A planned economy that is the answer
fast pls The Fair Labor Standards Act does not cover which of the following?
unemployment compensation
child labor
minimum wage
overtime pay
explain how division of labour cam be applied in a restaurant
Which is an example of an accounting function for a business?
1.) Designing print advertisements
2.) Preparing a balance sheet
3.) Hiring employees
4.) Testing computer software
Which of the following leadership theories offers answers about whether there is an optimism way for leaders to adjust their behaviors with different followers in which factors should the leader base his behavior on?
Answer:
path-goal theory
Explanation:
The path-goal theory is one that gives the leader the possibility to adapt his behavior according to individual and collective needs in the work environment. This theory aims to ensure that the leader recognizes the needs of each employee and indicates the path necessary to achieve the objectives and goals of the organization.
This model aims to achieve greater motivation and productivity with a leadership model based on the fulfillment of the employee's individual expectations in relation to their work.
Lilly, Briah, Chloe, and Terry are the directors and equal shareholders of Fantastic Holidayz Pty Ltd, a company that runs an exclusive airline company and operates in several high-rise office buildings in Melbourne. Briah is the Managing Director and Terry is the Chief Financial Officer. Lilly and Chloe are non-executive directors. The Company has adopted a written constitution which contains the following clauses: (36) A directors' meeting may be called by a director giving reasonable notice individually to every other director (37) Quorum for directors' meetings is four directors and the quorum must be always present during the meeting (42) A resolution of the majority of directors may resolve to remove another director of the company. Business is booming, and Fantastic Holidayz has made a great deal of money over the last few years. However, the Board of Directors have rejected Lilly's proposal to declare a dividend for the last 7 years in a row - and she is getting fed up. The other directors always outvote her, arguing that it is better to keep the profits in reserve and continue to expand the business. Terry is currently investigating the possibility of opening further destinations to their itinerary In October 2017 Lilly was overseas for a family funeral and on her return to Melbourne, she discovers that the other directors have met and passed resolutions to remove her as a director of the company. Lilly did not receive any notice of the director's meeting. In another resolution, the remaining directors voted to pay themselves $500,000 in bonuses - equating to the entire year's profit. Lilly is angry that she has been removed and not paid a bonus and comes to you for your professional advice and opinion. Further, Fantastic Holidayz has a longstanding agreement with several travel agencies, and in January 2018, Fantastic's financial accounts showed that one agency owed the company $85,000, and there was no applicable security Recently, Lilly discovered that by June 2018 the debt owing to Fantastic Holidayz had blown out to $200,000. Terry had approved additional credit without the knowledge of the other directors. He did this, even though the agency had been taking a long time to pay its overdue account. Additionally, there are now rumours that are insolvent, but this cannot be proven. REQUIRED: 1. Discuss whether Lilly can bring any action to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses? (5 marks) 2. Advise Lilly about the process and potential outcomes if the travel agency is placed into voluntary administration - and any implications of this on Fantastic Holidayz. (5 marks) 3. Advise Lilly about whether Terry has breached any of his statutory duties as a director of Fantastic Holidayz. Include in your answer the consequences of a breach of duty, whether Lilly could bring an action for compensation on behalf of the company against Terry, and whether there are any defences available.
It is important for Lilly to consult with a legal professional to assess the specific circumstances and determine the most appropriate course of action. Legal advice tailored to the jurisdiction and applicable laws should be sought.
1. Lilly's Challenge to Dividend Denial and Bonus Payment:
Lilly may have grounds to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses. The key considerations are as follows:
a) Breach of Fiduciary Duty: Directors owe a fiduciary duty to act in the best interests of the company. By consistently rejecting dividends despite profitable operations, the directors may be breaching this duty if their decision is not justifiable and reasonable. The decision to pay themselves bonuses without Lilly's approval further strengthens her case.
b) Unfair Prejudice: Lilly may argue that the denial of dividends and payment of bonuses unfairly prejudice her interests as an equal shareholder and director. This argument can be supported by the fact that dividends have been consistently denied for several years, and the bonuses were paid without her knowledge or consent.
c) Oppression of Minority Shareholder: If the other directors' actions substantially interfere with Lilly's rights as a shareholder and director, it could constitute oppression of a minority shareholder. Denying dividends and paying bonuses in a manner that excludes Lilly's interests may be viewed as oppressive.
Lilly can potentially bring legal action seeking remedies such as an injunction to stop the bonuses, an order for dividends to be paid, or a buyout of her shares at a fair value.
2. Travel Agency in Voluntary Administration:
If the travel agency owing $200,000 to Fantastic Holidayz is placed into voluntary administration, the process and potential outcomes can be summarized as follows:
a) Voluntary Administration: Voluntary administration is a process where an external administrator (usually a registered liquidator) takes control of the insolvent company to maximize returns for creditors. The administrator assesses the company's financial position and explores options, such as restructuring or selling the business.
b) Outcomes and Implications: During voluntary administration, the administrator may propose a Deed of Company Arrangement (DOCA) to the creditors. If approved, it could allow the travel agency to continue operating and repay the debt over an agreed period. Alternatively, if the company's financial situation is deemed irreparable, the administrator may recommend liquidation.
For Fantastic Holidayz, the outcome depends on the recovery of the debt. If the travel agency is unable to repay the owed amount, Fantastic Holidayz may have to write off the debt as a loss, potentially impacting their financial position. The impact could be significant if the debt is material to the company's operations.
3. Terry's Breach of Director's Duties:
Terry, as the Chief Financial Officer and a director of Fantastic Holidayz, may have breached his statutory duties. The key considerations are as follows:
a) Duty of Care and Diligence: Directors must exercise reasonable care, skill, and diligence in fulfilling their roles. Terry's approval of additional credit without the knowledge of other directors could be seen as a failure to exercise due care and diligence. The consequences of a breach may include personal liability for any loss suffered by the company.
b) Duty to Act in Good Faith and for Proper Purpose: Directors must act in good faith and in the best interests of the company. By approving additional credit for a customer with an outstanding overdue account, despite potential insolvency concerns, Terry may have breached this duty.
c) Consequences and Action for Compensation: If Terry is found to have breached his statutory duties, consequences may include personal liability for any loss suffered by the company due to his actions. Lilly, as a shareholder, may have standing to bring a derivative action on behalf of the company to seek compensation from Terry for any losses incurred.
d) Defenses: Terry may raise defenses such as relying on professional advice, acting in good faith, or having the belief that his actions were in the company's best interests. However, these defenses may not absolve him entirely from liability if his actions are found to be unreasonable or against the company's interests.
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True or False. Liquidity means that your money is tied up and unavailable.
Answer: True
Explanation:
your grandmother tells you a dollar doesn't go as far as it use to. she says the "purchasing power" of a dollar is much less than it used to be. explain what she means. try to use and explain terms like inflation and deflation in your answer
Back then. A dollar was worth WAYYYYY more than it is now. back then you could buy a lollipop for a like a penny. However as time went on we went through deflation and prices went down
Firms add items to their product lines to address changing consumer preferences. for example, an ice cream company might add low-fat offerings to its existing ice cream flavors. this is an example of?
This is an example of product depth. Product depth refers to how many versions or subcategories a retailer offers.
For instance, a store that specializes in selling greeting cards is likely to have a wide range of products, such as 100 distinct varieties of condolence cards. While a big drugstore might only stock 200 greeting cards total in its greeting card section, it will have a much wider selection overall because it carries hundreds of different product categories. Product depth might include information about a product's size, flavor, lifespan, and other factors. For instance, if a business sells a brand of potato chips that comes in five flavors and three bag sizes, the line's product depth is 15.
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Please solve this question asap…as i have less time
Answer:
1 Cash to Capital
2 Bank to Cash
4 Purchase to Cash
5 Purchase to Cash
8 A/c receivable to Sales
10 A/c Payable to Cash
15 Cash dr(11700) Sales Discount dr (300) A/c receivable Cr(12000)
16 Wages Payable to Cash
18 Furniture to Cash
20 Drawing to Bank
22 Rent Payable to Bank
23 Drawing to Goods
24 Drawing to Bank
26 Cash to Commission received
27 Bank Charges Payable to Bank
28 Insurance Payable to Bank
29 Salary Expense/ Salary Payable (I forgot) to Cash
30 Cash to Sales
Barbara just purchased a television using cash. This is an example of which function of money? a) Barter b) Medium of exchange c) Unit of account
The function of money demonstrated by Barbara's purchase of a television using cash is the medium of exchange. The answer is b).
Money serves three primary functions in an economy: as a medium of exchange, a unit of account, and a store of value. The medium of exchange function of money refers to its ability to facilitate transactions between buyers and sellers by acting as a commonly accepted intermediary.
In other words, money allows individuals to trade goods and services without the need for barter or direct exchange.
Barbara's use of cash to purchase a television exemplifies the medium of exchange function of money. Instead of needing to trade a good or service directly for the television, she was able to exchange cash for the television.
The use of cash as a medium of exchange is a key characteristic of modern economies, as it allows for the efficient exchange of goods and services among a large number of buyers and sellers.
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suppose that both groups of students are on the right track, and each of the events described above are partially responsible for the decrease in the price of calzones. based on your analysis of the explanations offered by the two groups of students, how would you determine which of the possible causes was the dominant cause of the decrease in the price of calzones? if the equilibrium quantity of calzones increases, then the supply shift in the market for calzones must have been larger than the demand shift. whichever change occurred first must have been the primary cause of the change in the price of calzones. if the price decrease was small, then the supply shift in the market for calzones must have been larger than the demand shift. if the equilibrium quantity of calzones increases, then the demand shift in the market for calzones must have been larger than the supply shift.
The first team of college students thinks the amplify in the charge of calzones is due to the fact that the price of dough, an important ingredient for making calzones, has increased.
What happens if the equilibrium volume of calzones decreases?If the equilibrium extent of calzones decreases, then the demand shift in the market for calzones should have been larger than the furnish shift.
What influence would an amplify in the price for a slice of pizza have on the demand for pizza?The Substitution Effect When the price of pizza rises, pizza becomes greater expensive in contrast with other foods, such as tacos and salads. So, as the rate of a slice of pizza rises, customers have an incentive to buy one of those alternatives as a alternative for pizza. This causes a drop in the amount of pizza demanded.
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