Answers
When the market adapts to the long-run equilibrium if firms in a monopolistic competitive market are suffering economic losses and existing firms (who are able to stay in the market) shows there is an increase in demand for each firm. Option D is correct
What is monopolistic competitive market?When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition exists.
A monopolistic competitive market has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its rivals.
In monopolistic competition, businesses use price and marketing methods to distinguish their goods. Further, the costs and other impediments that prevent new rivals from entering a market are minimal.
Thus Option D is correct.
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Related Questions
what is the present value of an annuity of $27 received at the beginning of each year for the next six years? The first payment will be received today
Answers
Answer:
$129.35
Explanation:
Here is the full question :
What is the present value of an annuity of $27 received at the beginning of each year for the next six years? The first payment will be received today, and the discount rate is 10%
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow each year from year 0 to 5 = $27
I = 10%
PV = $129.35
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Labor unions obtain higher wages for their members by reducing the profits of the business owners in the short run and in the long run. a. Trueb. False
Answers
The statement is False. Labor unions obtain higher wages for their members by reducing the profits of the business owners in the short run and in the long run.
Becoming a member of together in union permits workers to negotiate for better wages and benefits and improve conditions on the place of their job. There are thousands and thousands of union participants in America from all walks of life.
A hard Labor union is a business enterprise formed by means of employees which will negotiate for higher people's rights, including better pay, more secure running conditions, and higher blessings. A labor union chooses representatives to negotiate on its behalf with the company.
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A portfolio manager’s client invests in a fund with total assets of $14,200,000, total liabilities of $1,500,000, and a total of 50,000 shares outstanding. Calculate the NAVPS for this fund. Answer using complete sentences.
Answers
Answer: $254
Explanation:
The NAVPS (Net Asset Value Per Share) for the given fund can be calculated as the difference between the total assets and the total liabilities divided by the total number of shares outstanding:
NAVPS = (Total assets - Total liabilities) / Total shares outstanding
Substituting the given values, we get:
NAVPS = ($14,200,000 - $1,500,000) / 50,000
= $12,700,000 / 50,000
= $254
Therefore, the NAVPS for the given fund is $254 per share. This means that for every share held by the client, they own a portion of the underlying assets of the fund worth $254. It is important to note that the NAVPS may fluctuate over time as the value of the underlying assets and liabilities of the fund changes.
PuLL M5 ucides diu Sdles Omalom
Sales
Purchases
20 units at $110
20 units at $120
January:
February:
May:
November:
15 units
10 units at $130
Using the weighted average inventory costing method, what is the value of the cost of goods sold on May?
$2,650
B. $2,670
C. $4,240
$1,725
Answers
Answer:
d. $1,725
Explanation:
Note: The organized question is attached below
Cost of goods available for sale as on May
=> 20 * $110 = $2,200
=> 20 * $120 = $2,400
Total cost of goods available for sale = $2,200 + $2,400 = $4,600
Weighted average cost per unit = Cost of goods available for sale / Units in inventory
Weighted average cost per unit = $4,600 / (20 + 20)
Weighted average cost per unit = $4,600 / 40
Weighted average cost per unit = $115
Cost of goods sold by using weighted average method on May = Units sold * Weighted average cost per unit = 15 * $115 = $1,725
So therefore, the value of the cost of goods sold on May is $1,725
Which of the following statements regarding the risk-return relationship is most accurate?
a. Lower credit scores are associated with lower APRs.
b. Higher credit scores are associated with lower APRs.
c. Longer loan length is associated with lower APRs.
d. Shorter loan length is associated with higher APRs.
e. Both Higher credit scores are associated with lower APRs and Shorter loan length is associated with higher APRs are correct.
Answers
The statement regarding the risk-return relationship is most accurate is Higher credit scores are associated with lower APRs.
What are Credit scores?
Based on information from your credit reports, a credit score predicts your credit behavior, such as how likely you are to repay a loan on time.
Your eligibility for a mortgage, credit card, vehicle loan, and other credit products, as well as for tenant screening and insurance, are all determined by credit scores. They are also used to calculate your credit limit and interest rate.
Your credit score is generated by businesses using a mathematical formula known as a scoring model and data from your credit report.
Despite variations depending on the credit scoring methodology, generally speaking, credit scores between 580 and 669 are regarded as acceptable, 670 to 739 as good, and 740 to 799 as very good; and 800 and up are considered excellent.
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A company issues $25300000, 7.8%, 20-year bonds to yield 8.0% on January 1, Year 17. Interest is paid on June 30 and December 31. The proceeds from the bonds are $24799240. Using effective-interest amortization, what will the carrying value of the bonds be on the December 31, Year 17 balance sheet?" "$24,804,508.00 " "$24,809,990.00 " "$24,825,593.00 " "$25,300,000.00 "
Answers
Answer:
$1,960,623
($24,505,180 × .04) + ($24,510,387 × .04) = $1,960,623.
Explanation:
Product Development Plan
If you can remember back to Marketing 1a, in Unit 7 you created a mind map for a fictitious product or service that you might like to one day turn into a reality…well, this activity is somewhat inspired by that activity! You’ll be creating a detailed flow chart (or something similar) that lays out your step-by-step plan for coming up with, developing, creating, and releasing a new product or service!
You are welcome to go back to the work that you did in Marketing 1a for Unit 7 and use that same product or service, or you can come up with a new product/service just for this activity. Either way, make sure that you save the work you do in this activity in a safe place for use in later units throughout this course.
After you have decided on a fictitious product/service to use for this activity, use a combination of information from the unit, online research, and your own creativity and innovation to create a flow chart of sorts that maps out a step-by-step plan for the development of this product/service.
Before we get into the formatting details of this visual plan, let’s go over all of the information that you will need to include:
Describe your product/service.
What is the unique value of this product/service?
What will your market information management strategy be? Who is your target market?
Evaluate the types of product/service management and assess the needs of product/service management as they relate to your project choice. What is the nature and scope of the product/service management function?
How will you address quality assurance?
Why is it important to understand and prioritize the quality of your product/service?
What, if any, are the grades and industry standards that you will need to consider with your product?
What will be included in your product mix? What is the importance of a product mix? Address as many of the following items as possible at this point in the development process of your product/service:
Product: the product or service sold by the company
Price: how much it will cost the customer
Place: where the business will sell its product or service and how the customer will receive it
Promotion: the communication techniques the company will use to tell the public about their business
People: the staff required to create a competitive advantage
Process: the systems used to deliver the final product or service
Physical Evidence: the packaging and presentation of the finished product or service
What is your positioning statement?
Make sure to address and assess as many of the four critical elements as you can at this point in your product/service development process.
Identify and explain any other market product considerations, as well.
Now, considering that you are at the beginning stages of this product/service development and will be working on it and adding to it in future units, it is important to keep in mind that much of this information will likely change or be tweaked along the way. In other words, you are not locked-in to whatever you decide in this product/service development chart. Do your best to answer and address all of the required information.
With regard to how this chart/visual plan should be formatted or organized, really the sky is the limit! The information should be laid out in a chronological manner, and it must include specific, detailed information about your product/service. Other than that, you can truly organize this however you feel works best. Make it as creative and innovative as the product/service you are developing!
Here are some examples for inspiration (you do NOT have to format your chart to look like these, or you can if you want to!):
Answers
Project managers, marketers, and creatives all use mind maps as powerful motivators for their teams. Mind maps organize "timelines, dependencies, and duties" in addition to inspiring employees' creativity.
What does a product mean exactly?An item or service that you offer to fulfill a customer's need or desire is referred to as a product. Both real and virtual ones are possible. Physical objects come in two varieties: nondurable products and durable things, such as computers, furniture, and automobiles (like food and beverages).
What qualities does the product possess?The qualities of a product that need to be regulated are its characteristics. Size, form, weight, color, quality, hardness, etc. are a few examples of product attributes. Your product and how its functional design criteria have been created will determine the list of product attributes.
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Questions for Critical Thinking
1. Do you think Quirky’s basic business model is sound and fair? If you could suggest any changes, what would they be?
2. To what degree does Quirky’s business reflect the attributes of a sound business idea as described in Chapter 2?
3. In what other product areas would Quirky’s business model work the best?
4. Think of the challenges in your own life that might represent a product idea for Quirky. If you don’t think of something right away, don’t give up. All of us encounter problems and challenges in our everyday lives that might represent the basis of a promising idea. Be prepared to describe to others one of the challenges or problems you encounter and how a solution to the problem could be fashioned into a product idea to submit to Quirky.
Answers
Critical thinking questions1. Do you think Quirky’s basic business model is sound and fair? If you could suggest any changes, what would they be? Quirky’s basic business model is sound and fair because they involve the public in developing products by taking ideas from people and turning them into products, splitting the profits from the product sales with the inventor, and also collaborating with the inventor from the start of the idea to its final product.
However, there are a few changes I would suggest. First, the public could have more control over which product idea is to be developed into a product. Second, the company could offer more compensation to the inventor, especially if the product becomes a commercial success.2.
To what degree does Quirky’s business reflect the attributes of a sound business idea as described in Chapter 2?Quirky’s business idea reflects the attributes of a sound business as described in Chapter 2 of the text, including the following attributes:
Quirky is innovative in its business model, as it involves the public in developing products.Quirky has a good system of assessing the market’s demand for each product idea.
Quirky has a flexible business model, as it is able to adapt to changes in the market.3. In what other product areas would Quirky’s business model work the best?
Quirky’s business model could work well in a number of other product areas, including Home improvement and do-it-yourself (DIY) products;
Fashion and clothing; Outdoor gear and accessories; Personal care and hygiene; Consumer electronics.4. Think of the challenges in your own life that might represent a product idea for Quirky. If you don’t think of something right away, don’t give up.
All of us encounter problems and challenges in our everyday lives that might represent the basis of a promising idea. Be prepared to describe to others one of the challenges or problems you encounter and how a solution to the problem could be fashioned into a product idea to submit to Quirky.
One of the challenges I have encountered is the issue of losing small items such as keys, earrings, and others. A solution to this challenge could be fashioned into a product idea by developing a small, inexpensive device that could be attached to small items.
The device would emit a signal that would be detected by an app on the user’s phone if the item were lost. This could be developed into a product idea and submitted to Quirky for further development.
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1. One of the major changes resulting from managed care is the requirement of providers to assume accountability for: A. The treatment for the uninsured B. The appropriateness of interventions C. Individual treatment decisions D. The health status of defined populations
Answers
Answer:
The correct answer is B) The appropriateness of interventions
Explanation:
Managed care is evolving in many countries around the world.
One of the ways in which changes are becoming more prevalent is in the managed care industry is that due to competition, that players are beginning to take seriously the quality of health care being given to enrollees.
All of this is happening simultaneously with the bid to provide these services at the lowest cost possible with providers playing for marketing share.
In Managed care, if customers are treated fairly, they are most likely to return thus creating the possibility for sustained organic growth.
Cheers!
XYZ company's prime costs total OMR 3,000,000 and its conversion costs
total OMR 7,000,000. If direct materials are OMR 2,000,000 and factory
overhead is OMR 6,000,000, then direct laboris
OMR 2,000,000 a
OMR 1,000,000 b
X
OMR 4,000,000
.c
OMR 3,000,000 d
OMR 3,500,000 e
Answers
Answer:
ok
Explanation:
Jubilee's Bakery is budgeting cash for 2017. The cash balance at December 31, 2016, was $6,000. Jubilee's Bakery budgets 2017 cash receipts at $81,000. Estimated cash payments include $44,000 for inventory, $34,000 for operating expenses, and $15,000 to expand the store. Jubilee's Bakery needs a minimum cash balance of $13,000 at all times. Jubilee's Bakery expects to earn net income of $76,000 during 2017. What is the final result of the company's cash budget for 2017?
A. Must arrange new financing for $19,000
B. There is $19,000 available for additional investments.
C. Pay off $38,000 of debt.
D. There is $38,000 available for additional investments.
Answers
Answer: B. There is $19,000 available for additional investments.
Explanation:
Cash Receipts both Estimated and available
= Beginning balance + budget receipts
= 6,000 + 81,000
= $87,000
Cash payments
= 44,000 + 34,000 + 15,000
= $93,000
Additional financing required = Cash receipts - Cash payment - minimum cash balance
= 87,000 - 93,000 - 13,000
= -$19,000
what are two examples of new and developing industries in the united states
Answers
The business of cannabis. ...
Driverless cars. ...
Cleantech. ...
Lab grown meat. ...
Commercial space travel. ...
Biotech. ...
Esports. ...
Cybersecurity.
Firm X is considering the replacement of an old machine with one that has a purchase price of $70,000. The current market value of the old machine is $18,000 but the book value is $32,000. The firm's tax rate is 30%. What is the net cash outflow for the new machine after considering the sale of the old machine? Disregard the effect of depreciation of the new machine if acquired.
Answers
Answer:
$47,800
Explanation:
net cash outflow for the new machine = Cost of new machine - salvage value of old machine + tax ( salvage value of old machine - book value of old machine)
$70,000 - $18,000 + 0.3($18,000 - $32,000)
$70,000 - $18,000 + (0.3 × $-14,000) = $47,800
I hope my answer helps you
Which of the following is incorrect regarding Form 8915-F - Qualified Disaster Retirement Plan Distributions and Repayments?
A. Form 8915-F will be used to report qualified 2021 and later disaster distributions
B. The taxpayer should use Form 8915-F to report repayments of qualified 2020 disaster distributions
C. Form 8915-F will only be used to report distributions for qualified 2020 disasters
D. Form 8915-F is a redesigned Form 8915
Answers
C) Form 8915-F will only be used to report distribution for qualified 2020 disasters is incorrect.
Form 8915-F will be used to report distribution for qualified 2020 disasters and also for years 2021 and later years. Repayments are also can be done in the same Form.
Form 8915-F is issued by IRS, to report disaster -related retirement distribution and its repayments, the people affected by the coronavirus are also eligible for this program. Form 8915-F is replaced by Form 8915-E of 2020.
Form 8915-F is a forever form used for distributions for qualified 2020, 2021, and future disasters. This is a change of approach to the IRS taken since 2016, from then a new form has been issued each year.
Form 8915-F has modifications, it shows in which year the form was filled, and in which year the disaster happened. There will be two flow charts one indicates the corona virus and the other indicates the assistance which would make it clear to people.
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Which of the following is incorrect regarding Form 8915-F - Qualified Disaster Retirement Plan Distributions and Repayments?
A. Form 8915-F will be used to report qualified 2021 and later disaster distributions
B. The taxpayer should use Form 8915-F to report repayments of qualified 2020 disaster distributions
C. Form 8915-F will only be used to report distributions for qualified 2020 disasters
D. Form 8915-F is a redesigned Form 8915-E
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Question 3 of 10
What is an advertising campaign?
A. A method of finding customers according to particular
characteristics
B. A set of games customers receive for free when they buy certain
products
C. An electronic device that enables customers to interact with an
advertisement
D. A series of product-related activities designed to get the attention
of customers
Answers
An advertising campaign is a series of product-related activities designed to get the attention of customers. Option D
What is an advertising campaign?An advertising campaign is a series of product-related activities designed to get the attention of customers. It involves the creation and dissemination of advertising messages through various channels such as TV, radio, print, online and social media, with the goal of promoting a product, service or brand to a specific target audience.
The campaign typically has a specific objective and a set budget and may run for a defined period of time.
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i am meeting my new team, which I will directly supervise for the first time. I introduce myself and jump right into the agenda items for the jobs each team member will be assigned. I am using ______.
Answers
Production possibilities curves are useful to businesses because they
A. show how producing one product affects production of another.
B. identify efficient production methods to increase productivity.
C. help make predictions about which products will be profitable.
O D. compare productivity between multiple companies,
Answers
PLC Ltd. found the following debts to be bad on the dates shown
Answers
The acronym PLC, which stands for a public limited company, indicates that the firm's shares are publicly traded. It is the British equivalent of "Inc." in the United States.
What is PLC?In the United Kingdom, a public limited company (PLC) is a type of public business. PLC is the counterpart of a publicly listed firm in the United States that uses the Inc. or corporation classification. The inclusion of the PLC acronym following a business's name is required, and it informs investors and anybody interacting with the firm that it is a publicly listed corporation. PLC, which stands for a public limited company, is an acronym for public corporations in the United Kingdom.
PLCs make up the majority of the firms listed on the London Stock Exchange. A PLC shares can be purchased by any regular investor. Unlike privately held companies, public companies are required to publish financial data and disclosures to the public on a regular basis.
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I WILL MARK BRAINLIEST! 30 POINTS!
Ideas on products or services that are NOT yet in the market.
Please put more than one!
Answers
Shapewear.
Travel accessories.
Healthy and beauty products.
Smart watches.
Health Care.
Skin Care.
Hobbies and Craft.
Lamps and Shades.
Planners.
Facial products.
Smartphone accessories.
Subscription boxes.
Handcrafted wood products.
Eco-friendly feminine products.
Speciality hair products.
International tea and coffee products.
these are things that might go out this year but there not in stores yet
Suppose a four period weighted average is being used to forecast demand. Weights for the periods are: wt-4 = 0.1 wt-3 = 0.2 wt-2 = 0.3 wt-1 = 0.4 Demand observed in the previous four periods was: At-4 = 268 At-3 = 426 At-2 = 291 At-1 = 363 What will be the demand forecast for period t? (Keep one decimal place in your answer).
Answers
397 units of demand are anticipated.
How is the forecast period calculated?Forecasting for the past: Sales velocity, or the rate at which sales increase over time, and historical data are used in this approach. The equation is: Sales from the previous month multiplied by speed equals more sales; after that: The anticipated sales for the following month are the sum of the additional sales and the rate from the previous month.
Which type of demand forecasting is carried out for a number of future periods?Forecasting long-term demand takes more than a year. Identifying and anticipating seasonality, annual patterns, production capacity, and expansion over a longer period of time are all made easier by this.
We have provided:
The periods' weights are.
Demand in the previous four periods was as follows: wt-4 = 0.1, wt-3 = 0.2, wt-2 = 0.3, and wt-1 = 0.4
At-4 = 380, At-3 = 410, At-2 = 390, and At-1 = 400, the predicted demand will be as follows:
= 0.1*380+0.2*410+0.3*390+0.4*400
= 38+82+117+160
= 397
Hence the gauge will be 397.
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Journalize the following transactions of Trapper Jon’s Productions. Assume 360 days in a year. If an amount box does not require an entry, leave it blank.
June 23 Received a $48,000, 90-day, 8% note dated June 23 from Radon Express Co. on account.
Sept. 21 The note is dishonored by Radon Express Co.
Oct. 21 Received the amount due on the dishonored note plus interest for 30 days at 10% on the total amount charged to Radon Express Co. on September 21.
Answers
Answer:
June 23 Received a $48,000, 90-day, 8% note dated June 23 from Radon Express Co. on account.
Sept. 21 The note is dishonored by Radon Express Co.
Oct. 21 Received the amount due on the dishonored note plus interest for 30 days at 10% on the total amount charged to Radon Express Co. on September 21.
Explanation:
Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
Answers
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
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The Importance of Starting Early.
Because 401(k) accounts and annuities are an example of the power of compound interest, an amazing amount of growth occurs in the later years of the 401(k) or annuity. This can be calculated with the formula
Balance after nt deposits = 12M*((1+) "8) – 1)/r.
1. Lulu started saving $200/month in a 401(k) earning 6% interest compounded monthly when she was 45 years old. How much will be in her account when she retires at age 65?
2. How much money did Lulu deposit into her account over the course of the 20 years?
3. What dollar amount of interest did her account earn?
4. Murphy started putting $100/month into his 401(k) earning 6% APR when he was 25 years old. How much will be in his account when he retires at age 65, if interest is compounded monthly?
5. How much money did Murphy deposit into his account over the course of the 40 years?
6. What dollar amount of interest did his account earn?
7. Murphy's account earned how much more interest than Lulu's account?
Answers
Answer:
1. Lulu started saving $200/month in a 401(k) earning 6% interest compounded monthly when she was 45 years old. How much will be in her account when she retires at age 65?
Lulu made 12 x 20 = 240 payments
to calculate how much she earned we can use the future value of ordinary annuity formula:
FV annuity = payment x {[(1 + r)ⁿ - 1] / i} = $200 x {[(1 + 0.5%)²⁴⁰ - 1] / 0.5%} = $200 x 462.04 = $92,408.18
2. How much money did Lulu deposit into her account over the course of the 20 years?
240 x $200 = $48,000
3. What dollar amount of interest did her account earn?
$92,408.18 - $48,000 = $44,408.18
4. Murphy started putting $100/month into his 401(k) earning 6% APR when he was 25 years old. How much will be in his account when he retires at age 65, if interest is compounded monthly?
480 payments, again we use the same formula as in (1):
FV annuity = $100 x {[(1 + 0.5%)⁴⁸⁰ - 1] / 0.5%} = $100 x 1,991.49 = $199,149.07
5. How much money did Murphy deposit into his account over the course of the 40 years?
480 x $100 = $48,000
6. What dollar amount of interest did his account earn?
$199,149.07 - $48,000 = $151,149.07
7. Murphy's account earned how much more interest than Lulu's account?
$151,149.07 - $44,408.18 = $106,740.89
Prepare journal entries for each of the following. For a compound transaction, if an amount box does not require an entry, leave it blank. a. Issued a check to establish a petty cash fund of $500. b. The amount of cash in the petty cash fund is $160. Issued a check to replenish the fund, based on the following summary of petty cash receipts: store supplies, $199 and miscellaneous selling expense, $126. Record any missing funds in the cash short and over account. For a compound transaction, if an amount box does not require an entry, leave it blank.
Answers
Answer:
A.Dr Petty cash $500
Cr To Cash Account $500
B. Dr Store supplies $199
Dr Miscellaneous expenses $126
Dr Cash over and short $15
Cr To Cash Account $340
Explanation:
Petty cash can be defined to a small or little amount of currency and coins which a company tend to use to pay small amounts without writing a cheque.
a)The Journal entry to create a petty cash fund with $500 will be recorded as:
Dr Petty cash $500
Cr To Cash Account$500
b) Preparation of the Journal entry to record any missing funds in the cash short and over account.
The total expenses as per receipts will be:
199+126=325
The balance of petty cash will have:
500-325=$175
The balance available in the petty cash fund is given as $160, which is short by $15 (175-160).
Therefore we need to replenish the fund with $ 340 which is Available fund of $160 -Original fund $500
Hence, the difference in the fund due to error will be treated just like an expense in which debit will be given to an account called ''cash over and short"
Thus, the debit is given to the expenses and credit to cash account.
The entry to record replenishing the fund would not credit the Petty Cash account.
The entry will be
Dr Store supplies $199
Dr Miscellaneous expenses $126
Dr Cash over and short $15
Cr To Cash Account $340
A student is concerned about her car and does not like dents. When she drives to school, she has a choice of parking it on the street in one space, parking it on the street and taking up two spaces, or parking in the lot. If she parks on the street
in one space, her car gets dented with probability. If she parks on the street and takes two spaces, the probability of a dent is and the probability of a $15 ticket is 3/10 Parking in a lot costs $5, but the car will not get dented. If her car gets dented, she can have it repaired, in which case it is out of commission for 1 day and costs her $50 in fees and cab fares. She can also drive her car dented, but she feels that the resulting loss of value and pride is equivalent to a cost of $9 per school day. She wishes to determine the optimal policy for where to park and whether to repair the car when dented in order to minimize her (long-run) expected average cost per school day.
A. Formulate this problem as a Markov decision process by identifying the states and decisions and then finding the Cik.
B. Identify all the (stationary deterministic) policies. For each one, find the transition matrix and write an expression for the (long-run) expected average cost per period in terms of the unknown steady-state probabilities.
C. Use your IOR Tutorial to find these steady state probabilities for each policy. Then evaluate the expression obtained in part (b) to find the optimal policy by exhaustive enumeration.
Answers
If she parks on the street use your IOR Tutorial to find these steady state probabilities for each policy. Then evaluate the expression obtained in part (b) to find the optimal policy by exhaustive enumeration. The answer is OPION C
If P(Xn+1 = j|Xn = i) = P(X1 = j|X0 = i), i.e., the transition probabilities do not depend on time n, then the Markov chain X(t) is time-homogeneous. If so, then the probability of moving from i to j in a single step is given by pij = P(X1 = j|X0 = i), and the transition matrix is given by P = (pij).
The final value is another name for the steady state value. This steady state value is very simple to determine using the Final Value Theorem: Where y(t) is in the time domain and Y(z) is in the frequency domain, limty(t)=limz0zY(z). In this case, your transfer function would be H(z)=Y(z)X(z)=.
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Marketing-oriented managers see segmenting as a process of aggregating people with similar needs into a group.
a) True
b) False
Answers
Answer:
a) True
Explanation:
Given that it can be difficult to capture the whole market considering limited time, capital, and labor. Consequently, Marketing-oriented managers see segmenting as a process of aggregating people with similar needs into a group. This is because, Segmentation is a technique of dividing the marketplace into components, which are available, and profitable with considerable probable growth.
Hence, in this case, the correct answer is TRUE.
Mrs. Slayman slays all day. She slays 17 times a second. Approximately how much Slaying does Mrs. Slayman do in a day?
Answers
Mrs. Slayman slays approximately 1,468,800 times in a day.
How to calculate much Slaying does Mrs. Slayman do in a dayIf Mrs. Slayman slays 17 times every second, then in one minute (60 seconds), she slays:
17 times/second * 60 seconds = 1020 times/minute
In one hour (60 minutes), she slays:
1020 times/minute * 60 minutes = 61,200 times/hour
And in one day (24 hours), she slays:
61,200 times/hour * 24 hours = 1,468,800 times/day
Therefore, Mrs. Slayman slays approximately 1,468,800 times in a day.
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Question 2a. A car rental agency charges $75 per day plus 70 cents per mile. How
much does it cost to rent a car for a 1-day trip of 50 miles?
Answers
It will cost 250 dollars to rent a car for a 1-day trip of 50 miles.
What is arithmetic progression?A number sequence that has a common difference between them. It is important to mention that the difference between the consecutive numbers is fixed and constant, and it remains the same throughout the sequence.
Given that,
Car rental charge = $75/day
Cost per mile = 70 cents/mile or, $3.5 [1 cent = $0.05]
Distance to be traveled in the 1-day trip = 50 miles
Total cost of 50-mile trip = 50 x 3.5 = $175
Per day car rental charge = $75
Total cost of car rent = $175 + $75 = $250
It can be concluded that it will cost 250 dollars to rent a car for a 1-day trip of 50 miles.
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Which one of the following accounts will not appear in a balance sheet?
a.) accounts payable.
b.) accounts receivable.
c.) retained earnings.
d.) Owners' equity.
e) utility expanse.
Answers
Answer: Owners' Equity
Explanation: Assets=Liabilities+Shareholders’ Equity
Technically owner's equity is an asset of the business owner—not the business itself
Pumpkin Spice Latte fanatics could be considered a(n) __________ of coffee enthusiasts.
Answers
Question Completion:
2. Pumpkin Spice Latte fanatics could be considered a(n) __________ of coffee enthusiasts.
a. reference group
b. subculture
c. social class
d. opinion leader
Answer:
Pumpkin Spice Latte fanatics could be considered a(n) __________ of coffee enthusiasts.
a. a reference group
Explanation:
In Sociology, other people who are not fanatics of Pumpkin Spice Latte (PSL fanatics as they are known) can use the PSL to compare their coffee drinking habits. This means that the Pumpkin Spice Latte fanatics become a comparative reference group for any person who intends to do such relationship comparison. Therefore, the PSL is regarded as aa group for self-evaluation.