The R&D division of Piqua Chemical Corp. has just developed a chemical for sterilizing the vicious Brazilian "killer bees" which are invading Mexico and the southern United States. The president of the company is anxious to get the chemical on the market to boost the company’s profits. He believes his job is in jeopardy because of decreasing sales and profits. The company has an opportunity to sell this chemical in Central American countries, where the laws are much more relaxed than in the United States. The director of Piqua’s R&D division strongly recommends further testing in the laboratory for side-effects of this chemical on other insects, birds, animals, plants, and even humans. He cautions the president, "We could be sued from all sides if the chemical has tragic side-effects that we didn’t even test for in the labs." The president answers, "We can’t wait an additional year for your lab tests. We can avoid losses from such lawsuits by establishing a separate wholly-owned corporation to shield Piqua Corp. from such lawsuits. We can’t lose any more than our investment in the new corporation, and we’ll invest in just the patent covering this chemical. We’ll reap the benefits if the chemical works and is safe, and avoid the losses from lawsuits if it’s a disaster." The following week, Piqua creates a new wholly-owned corporation called Finlay Inc., sells the chemical patent to it for $10, and watches the spraying begin.Instructions: 1. Who are the stakeholders in this situation? 2. Are the president's motives and actions ethical? 3. Can Piqua shield itself against losses of Finlay Inc.?
Answers
Answer:
(1)The primary stakeholders in this example are the shareholders of he company who have infused their money expecting it to be used for lawful objects as stated in the charter of the company, the secondary stakeholders can be the environment such as humans.
(2)President actions does not seem ethical, because he wants to save his own job at the expense of polluting the environment what can cause harm to humans, plants and animals.
(3) Since Finlay Inc. has no assets other than $ 10 in patent, it would be very hard to carry the huge losses should lawsuits be filed. In that event, there are going to be huge outflows of cash from the books of Piqua, and the stockholders would want to know why or the reason.
Explanation:
Solution
Given that:
(1)The primary stakeholders in this case, are the shareholders of the company, who have infused their money expecting it to be used for lawful objects as stated in the charter of the company. The secondary stakeholder could be the environment comprising of the fauna,flora, and humans, as the spray can be a serious pollutant in the environment.
(2) The president's actions and reasons are does not seem ethical
Firstly, he wants to save his own job at the expense of polluting the environment, and possibly causing various harm to animals,plants, and even humans.
Secondly, he does not want to share the contingent liabilities that may occur with the stockholders, that may lead to erosion in shareholder value.
The third reason is,in order to keep these liabilities off the balance sheet of Piqua Chemical Corp., he has developed a SPV for carrying the losses from lawsuits.
Hence, there is no limpidity here, and he has committed a breach of trust. The president of the company, as the agent of the company and its stockholders stands in a relationship that is fiduciary, and should avoid conflict or issues of interest at all cost.
(3) At the end, it would be hard for Piqua to hide itself from the losses of Finlay Inc.
Since Finlay Inc. has no assets other than $ 10 in patent, how would it be possible to carry the huge losses should lawsuits be applied. In that case, there are going to be huge outflows of cash from the books of Piqua, and the stockholders would want to know the what caused it.
Related Questions
Why u think the porcentage of tax filers has most dramatically increased for the 65+ age group?
Answers
Answer:
The more people that retire, the more it increased.
Explanation:
Typically when people retire, they get their taxes filed. The percentage of the 65+ age group who have their taxes filed increases the more people who retire, then typically use tax filers.
Answer: The percentage of tax filers has most dramatically increased for the 65+ age group because
more people in the 65+ community are retiring and so, they are getting their taxes filed.
Good luck!
Limited liability companios LLC ore often referred to as a hybrid form because they are specifically designed to combine certain desired characteristics with those of ___corporate sole proprietorships sole proprietorships general partnerships corporate general partnerships general partnerships limited partnerships
Answers
Corporate General Partnerships is the correct answer to the above fill in the blanks. A General Partnership (GP) is a partnership agreement between two or more people.
What exactly are corporate general partnerships?A general partnership is a company that has two or more proprietors. It is the default business structure for numerous owners, just as a sole proprietorship is the default business structure for solo entrepreneurs. For example, suppose Fred and Melissa decide to operate a bakery. F&M Bakery is the name of the shop. Fred and Melissa are both general partners in the business, F&M Bakery, because they opened a store jointly. It is one of the most frequent types of legal entity. Corporations are permitted to establish a business.
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Yolanda first breaks down
Answers
The programming design approach represented in this scenario is modular programming. The programming design approach represented in this scenario is object-oriented programming.
What is programming?The process of creating a set of instructions that tells a computer how to perform a task is known as programming. Computer programming languages such as JavaScript, Python, and C++ can be used to create programs.
Modular programming is the programming design approach represented in this scenario. Yolanda divides the entire game into modules, which are then subdivided further into smaller modules until the individual parts are manageable for programming.
Thus, this method entails representing data and functions as objects and employing inheritance and polymorphism to generate flexible and reusable code.
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complete question.
Identify which type of programming design approach each represents
Yolanda first breaks down the whole game she needs to program into modules. She then breaks these modules into smaller modules until the individual parts are manageable for programming. She writes the smallest modules, and then recombines them into larger parts.
Ngành quản trị kinh doanh chỉ cần thiết cho lĩnh vực kinh doanh
Answers
Answer:
No
Explanation:
It applies in almost all working environment that you may think of.
1. Which class of medications does the Centers for Medicare and Medicaid Services limit the PRN use to 14 days?
Anticholinergics
Antipsychotic medications
Antiarrhythmics
Beta-blockers
Answers
The Centers for Medicare and Medicaid Services limit PRN use to 14 days for Antipsychotic medications.
PRN prescription and administration are generally used for psychotropic and psycholeptics medications, including antipsychotics, neuroleptics, anxiolytics, sedatives, and hypnotics.
PRN antipsychotic orders are restrained to 14 days simplest. PRN antipsychotic orders might not be extended past the 14-day restriction. documents the scientific purpose for the brand new order, which ought to consist of how the resident benefits from the medication as a result of the PRN order.
The PRN prescription stands for 'pro re nata,' which means that the management of medication is not scheduled. as a substitute, the prescription is taken as wished.
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Now that you’ve chosen your business and found your niche, you’re in need of some advice on the practical aspects of setting up the business. A reliable resource for business information is
Answers
Answer:
the Small Business Administration
Explanation:
Person
Value of a Weekend Ski Trip
(Dollars)
Anna 150
Brian 90
Clem 75
Dave 50
Refer to Table 13-1 . Assume that the price of a weekend ski pass is $45 and that the price reflects the actual unit cost of providing a weekend of skiing. Suppose the government imposes a tax of $12 on skiing, which raises the price of a weekend ski pass to $57. How much tax revenue is collected from these four skiers?
a. $48
b. $36
c. $12
d. $0
Answers
Answer:
To calculate the tax revenue collected from the four skiers, we need to determine the number of skiers who continue to go skiing after the tax is imposed and then multiply it by the amount of tax per skier.
The skiers who will continue skiing after the tax is imposed are those who value the ski trip higher than the increased price of the ski pass.
Given the values of the skiers for the weekend ski trip, we can see that Anna ($150) and Brian ($90) will still choose to go skiing even with the increased price. Clem ($75) and Dave ($50), on the other hand, will not go skiing due to the increased price.
Therefore, the tax revenue collected will be the tax per skier multiplied by the number of skiers who continue to ski. In this case, the tax per skier is $12, and the number of skiers who continue to ski is 2 (Anna and Brian).
Tax revenue = Tax per skier * Number of skiers who continue to ski
= $12 * 2
= $24
Therefore, the correct answer is not provided among the options given. The tax revenue collected from these four skiers is $24.
Sarah grows rosebushes that she decided to sell online. Sarah sells a rosebush to a buyer in Quebec, but the plant dies in transit. Is Sarah liable, or is her sole proprietorship liable, or both?
A- Sarah is liable.
B- Both are liable.
C- Sarah's sole proprietorship is liable.
This question is kinda tricky and I don't know which one is tech correct.
Answers
Based on the provided information, Sarah liable, her sole proprietorship liable are reliable.
According to the question, we were told about how Sarah grows rosebushes that she decided to sell online. As a result of this we can see that the sole proprietorship liable are reliable.
Therefore, option B is correct because both are reliable.
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Bina Co. purchased a machine on January 1st for $15,000 and estimates it will use the machine for three years with a $3,000 salvage value. Nina estimates that they will produce 1,500 units during year one, 1,000 units during year two, and 1,250 units during year three. Using the units-of-production method, compute the
machine's second year depreciation expense.
Answers
The machine's second year depreciation expense is $3,200.
The units-of-production method is a depreciation method where the depreciation expense in a given year is determined by the units of output produced in a given year.
Units-of-production method = (output produced that year / total output of the machine) x (Cost of asset - Salvage value)
Total output of the machine = 1500 + 1000 + 1250 = 3750
Year 2 depreciation expense = (1000 / 3750) x ($15,000 - $3000) = $3,200
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Homestead Jeans Co. has an annual plant capacity of 65,000 units, and current production is 45,000 units. Monthly fixed costs are $54,000, and variable costs are $29 per unit. The present selling price is $42 per unit. On November 12 of the current year, the company received an offer from Dawkins Company for 18,000 units of the product at $32 each. Dawkins Company will market the units in a foreign country under its own brand name. The additional business is not expected to affect the domestic selling price or quantity of sales of Homestead Jeans Co.
Required:
a. Prepare a differential analysis dated November 12 on whether to reject (Alternative 1) or accept (Alternative 2) the Dawkins order.
b. Briefly explain the reason why accepting this additional business will increase operating income.
c. What is the minimum price per unit that would produce a positive contribution margin?
Answers
Answer:
18000*2
Explanation:
Robert and Mary file a joint tax return for 2020 with adjusted gross income of $34,000. Robert and Mary earned income of $20,000 and $14,000, respectively, during 2020. In order for Mary to be gainfully employed, they pay the following child care expenses for their 4-year-old son, John: Union Day Care Center for John $1,700 Wilma (Robert's mother) for babysitting John $1,000 What is the amount of the child and dependent care credit they should report on their tax return for 2020 (assume no tax liability limitation)
Answers
What is the main reason that people purchase insurance policies?
A. they want to reduce the cost of their student or personal loans.
B. They want to avoid paying for major unexpected expenses.
C. They want to avoid increasing their monthly premiums
D. They want to invest money in insurance to grow it over time
Answers
Option B is correct. The main reason that people purchase insurance policies is because they want to avoid paying for major unexpected expenses.
What is an insurance policies?An insurance policy can be defined a contract between the insurer and the policyholder which determines the claims which the insurer is legally required to pay. The policy is enforced in an exchange for an initial payment known as the premium in which the insurer promises to pay for loss caused by perils covered under the policy language.
Most of the insurance contracts are designed to meet specific needs and thus have many features not found in many other types of contracts. Because these insurance policies are standard forms, they often feature boilerplate language which is similar across a wide variety of different types of insurance policies.
Some examples of the popular insurance policies includes a Life Insurance, Health Insurance, Disability Insurance, Homeowner's Insurance, Automobile Insurance, Liability Insurance etc,
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Isabella and Antonio are auto mechanics. Isabella takes 6 hours to replace a clutch and 4 hours to replace a set of brakes. Antonio takes 8 hours to replace a clutch and 6 hours to replace a set of brakes. State whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage.
Answers
Isabella has an absolute advantage in both clutch replacement and brake replacement due to her ability to complete each task in less time.
- Isabella also has a comparative advantage in both clutch replacement and brake replacement, assuming similar skills and pay rates.
How to determine the whether anyone has an absolute advantage at either task and, for each taskTo determine absolute and comparative advantages in this scenario, we need to compare the productivity of Isabella and Antonio in replacing clutches and brakes.
Let's analyze the tasks:
1. Clutch Replacement:
- Isabella takes 6 hours.
- Antonio takes 8 hours.
Based on the time taken, Isabella has an absolute advantage in clutch replacement because she can complete the task in less time than Antonio.
2. Brake Replacement:
- Isabella takes 4 hours.
- Antonio takes 6 hours.
Again, based on the time taken, Isabella has an absolute advantage in brake replacement because she can complete the task in less time than Antonio.
Similar to clutch replacement, if we assume similar skills and pay rates, Isabella would also have a comparative advantage in brake replacement due to her ability to complete the task more quickly.
Comparative advantage is based on a comparison of opportunity costs, and without specific information about the trade-offs involved, we can infer that Isabella's ability to complete both tasks more quickly gives her a comparative advantage in both.
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On top of being responsible for the
physical resources in a project, a
construction manager is also
responsible for which of the following?
A. Coordination
B. Sales
C. Marketing
Answers
Answer:
A. CoordinationExplanation:
Which idea forms the basis of double-entry accounting?
A. For every single transaction, at least two accounts will be
affected.
B. For every single transaction, only assets will be impacted.
C. The assets of a business equal the stockholders' equity.
O D. The stockholders' equity in a business must equal the liabilities.
Answers
Answer:
A. For every single transaction, at least two accounts will be
affected.
Explanation:
Double-entry accounting is a record-keeping method where a transaction is recorded in a minimum of two accounts. There is no upper ceiling on the actual number of accounts that may be used in a transaction.
Every account has two columns, with debits on the left and credit entries on the right. The aggregate of the debit entries must equal the result of all credit entries. If this happens, the transaction has balanced. If not, the transaction is "out of balance."
A municipal bond has a $1000 face (par) value. its yield to maturity is 5 percent and the bond promises its holders $60 per year in interest (paid annually) for the next 10 yeara before it matures. what is the bond's duration
Answers
The duration of the municipal bond is approximately 7.91 years.
To calculate the duration of a bond, we need to take into account the present value of the bond's future cash flows, the timing of those cash flows, and the bond's yield to maturity.
In this case, we can use the following formula to calculate the duration of the municipal bond:
Duration = [(1 x t1 x CF1) + (2 x t2 x CF2) + ... + (n x tn x CFn)] / P
Where:
t = time to cash flow in years
CF = cash flow in dollars
n = number of cash flows
P = present value of the bond
We know that the face value of the bond is $1000, and the yield to maturity is 5%, so we can calculate the present value of the bond using the present value formula:
PV = CF / (1 + r)^t
Where:
CF = cash flow in dollars
r = yield to maturity
t = time to cash flow in years
For the first cash flow of $60 due in one year, we have:
PV1 = $60 / (1 + 0.05)^1 = $57.14
For the second cash flow of $60 due in two years, we have:
PV2 = $60 / (1 + 0.05)^2 = $54.51
We can repeat this calculation for all 10 cash flows to get the present value of the bond, which is:
P = $57.14 + $54.51 + $51.96 + $49.47 + $47.05 + $44.69 + $42.40 + $40.16 + $37.99 + $35.88 = $450.30
Now we can calculate the duration using the formula above:
Duration = [(1 x 1 x $60) + (2 x 2 x $60) + ... + (10 x 10 x $60)] / $450.30
Duration = 7.91 years
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Using the graphing function on your calculator, find the solution to the system
of equations shown below.
OA. More than 1 solution
B. x = 12, y = 3
OC. x = -8, y = 2
O D. No solution
3y-12x = 18
2y-8x = 12
Answers
There is no solution of these two equations. Option D.
To solve this system of equations graphically, we need to plot the two lines represented by each equation on the same coordinate plane and find the point where they intersect.
To graph these lines, we can first write each equation in slope-intercept form (y = mx + b) by solving for y:
3y - 12x = 18 --> 3y = 12x + 18 --> y = 4x + 6
2y - 8x = 12 --> 2y = 8x + 12 --> y = 4x + 6
We can see that both equations have the same slope of 4 and y-intercept of 6, which means that they are parallel lines and do not intersect.
Therefore, there is no solution to this system of equations.the two lines are parallel and do not intersect at any point, which confirms that there is no solution to this system of equations.Therefore, the answer is (D) No solution.
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Note: It is a mathematics question.
The initial cash outlay of a project is X is Rs 100,000 and it can generate cash inflow of Rs 40,000, Rs 30,000, Rs 50,000 and Rs 20,000 in year 1 through 4. Assume a 10 per cent rate of discount. Assume that a project Y requires an outlay of Rs 50,000 and yields annual cash inflow of Rs 12,500 for 7 years at the rate of 12%.
Answers
On the net present value analysis, project Y is expected to generate a higher return on investment compared to project X.
To evaluate the two projects, X and Y, we will calculate their net present value (NPV) using the given cash inflows, discount rate, and initial cash outlay.
For project X:
The cash inflows for each year are Rs 40,000, Rs 30,000, Rs 50,000, and Rs 20,000 for years 1 through 4, respectively.
The initial cash outlay is Rs 100,000.
The discount rate is 10%.
To calculate the NPV, we discount each cash inflow to its present value using the discount rate and subtract the initial cash outlay:
NPV(X) = (40,000 / (1 + 0.10)^1) + (30,000 / (1 + 0.10)^2) + (50,000 / (1 + 0.10)^3) + (20,000 / (1 + 0.10)^4) - 100,000
Simplifying the calculations:
NPV(X) = 36,363 + 24,793 + 34,979 + 13,167 - 100,000
= 9,302
The net present value (NPV) for project X is Rs 9,302.
For project Y:
The cash inflow for each year is Rs 12,500 for 7 years.
The initial cash outlay is Rs 50,000.
The discount rate is 12%.
Using the same formula as above, we calculate the NPV for project Y:
NPV(Y) = (12,500 / (1 + 0.12)^1) + (12,500 / (1 + 0.12)^2) + ... + (12,500 / (1 + 0.12)^7) - 50,000
Simplifying the calculations:
NPV(Y) = 11,161 + 9,960 + 8,888 + ... + 3,637 - 50,000
= 11,042
The net present value (NPV) for project Y is Rs 11,042.
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five possible causes of stress in the workplace . Interview employees at any workplace
Answers
The possible causes of stress in the workplace are
Workloadpoor leadershipinsecurity in JobAbsence of Work-life balanceConflictsStress can be brought on by excessive job expectations, arbitrary deadlines, and burdensome duties. Employee well-being can be greatly impacted by feeling overworked and under continual pressure to perform.
Stress can be brought on when obligations from work interfere with personal time and duties disturbing the Work-life balance. Stress can be exacerbated by interpersonal conflict, challenging relationships, and poor communication at work.
An enormous amount of stress may be brought on by the worry of being fired, being laid off, or having unknown professional prospects.
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Which of the following skills do employers in any field expect their employees
to have?
Answers
Answer:
Where is the rest of the options of your question?
What did the Retirement Analyzer results show you about your retirement? Will you have enough monthly income to live comfortably in retirement? What steps can you take to save and invest in your future, while still paying bills and living now?
Answers
Using the Retirement Analyzer, you can assess whether your monthly income in retirement will suffice for a comfortable lifestyle.
What is Retirement AnalyzerThe tool takes into account multiple variables, including existing investments, savings, expected expenses, and retirement objectives, to provide an accurate analysis. By means of an examination, it offers perspectives on whether or not your retirement funds are adequate.
If the Retirement Analyzer shows that your monthly income for retirement may be insufficient, evaluate your current savings rate and contemplate on augmenting it to boost savings.
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4.2.9 Quiz: Selecting a Candidate and Making an Offer
Question 9 of 10
Which of the following is a way for an HR department to ensure it is following
up with job candidates in an EEO-compliant manner?
OA. They ensure that they have asked job candidates about their
willingness to work weekends.
OB. They ensure that have look at their budget before making a firm
offer on the wage or salary.
OC. They ensure that they ask job candidates about why they left their
last job or position.
OD. They ensure job candidates have been recruited from a wide
variety of minority channels.
Answers
One way that an HR department can ensure it is following up candidates right is D. They ensure job candidates have been recruited from a wide variety of minority channels.
What is EEO Compliance ?It is crucial for organizations to maintain a diverse candidate pool as it upholds EEO compliance, thereby preventing discrimination and enabling equal opportunities, adopting various minority channels in the recruitment process guarantees unbiased consideration of applicants from distinct backgrounds, which counters traditional recruitment methods that may be partial to certain groups.
Through this approach, HR departments can ensure impartiality and inclusivity in their hiring processes while serving the organization's overall best interests.
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Sunland Inc., a real estate developing company, was accounting for its long-term contracts using the completed contract method prior to 2021. In 2021, it changed to the percentage-of-completion method. The company decided to use the same for income tax purposes. The tax rate enacted is 40%. Income before taxes under both the methods for the past three years appears below.
2019 2020 2021
Completed contract $480000 $318000 $156000
Percentage-of-completion 780000 399000 300000
Which of the following will be included in the journal entry made by Sunland to record the income effect?
a. A debit to Retained Earnings for $239400.
b. A credit to Retained Earnings for $228600.
c. A credit to Retained Earnings for $158400.
d. A debit to Retained Earnings for $158400.
Answers
From the computation done, there'll be a debit to retained earnings for 239400.
The retained earnings will be:
= percentage of completion (1 - Tax rate)
Based on the values we've, this will be:
Retained Earnings = 399000 (1 - 40%)
Retained Earnings = = 399000 × 0.6
Retained Earnings = 239400
Therefore, there'll be a debit to retained earnings for 239400.
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Mary lives in a remote mountain town. The community has been approached by a nuclear power company to build a waste storage facility in an abandoned salt mine in the area. Geologists have surveyed the mine and confirmed that the rock structure is very stable, but Mary still opposes the project. What is her primary concern likely to be?
A.
the cost of construction
B.
reduction in salt supplies
C.
reduction in property values
D.
risk of leakage from the nuclear waste containers
Answers
Answer:
Explanation:
D. risk of leakage from the nuclear waste containers
Watson Company applies overhead on the basis of machine hours. Given the following data, compute the amount of overhead applied for the period. Estimated annual overhead cost $1,500,000 Actual annual overhead cost $1,485,000 Estimated machine hours 300,000 Actual machine hours 295,000
A: $1,475,000
B: $1,500,000
C: $1,525,425
D: $1,485,000
Answers
Answer:
A: $1,475,000
Explanation:
The computation of the overhead applied is shown below:
But before that first determine the predetermined overhead rate which is
= Estimated annual overhead cost ÷ Estimated machine hours
= $1,500,000 ÷ 300,000
= $5
Now the applied overhead is
= Predetermined overhead rate × Actual machine hours
= $5 × 295,000
= $1,475,000
cr Entries during the pecember 2018: tra der 31 during the half-year Payments to Accounts Cheques from credit customers purchases on credit Sales on credit ended payable = 93685 119930 95580 12H 600
Answers
During December 2018, the company made payments to accounts, received cheques from credit customers, made sales on credit, and had an ending accounts payable balance of $12,600.
In December 2018, the company recorded various transactions related to accounts receivable and accounts payable. The half-year payments to accounts amounted to $93,685, indicating that the company settled outstanding balances with its creditors during this period.
Additionally, the company received $119,930 in cheques from credit customers, representing payments made by customers for their purchases on credit.
Furthermore, the company made credit sales amounting to $95,580 during this period. These sales were made to customers who would pay at a later date, resulting in an increase in accounts receivable. At the end of the month, the accounts payable balance stood at $12,600, representing the outstanding payments owed by the company to its suppliers and creditors.
In summary, during December 2018, the company made payments to accounts, received cheques from credit customers, made sales on credit, and had an ending accounts payable balance of $12,600. These transactions reflect the financial activities related to accounts receivable and accounts payable during that period.
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A company sells q ribbon winders per year at $p per\ribbon winder. The demand function for ribbon winders is given by P=300−0.02Q. Find the elasticity of demand when the price is $70 apiece. Will an increase in price lead to an increase in revenue
Answers
Answer:
0.30
Demand is inelastic and an increase in price would lead to an increase in total revenue
Explanation:
P=300−0.02Q
Make q the subject of the formula by dividing through by 0.02
50P = 15,000 - Q
Q = 15,000 - 50P
Differentiate the above equation
\(\frac{dp}{dq} = -50\)
Determine the value of q when p is 70
Q = 15,000 - 50(70) = 11,500
Elasticity = \([\frac{p}{q} . \frac{dp}{dq} ]\)
[\(\frac{70}{11500} . -50]\) = 0.30
Demand is inelastic and an increase in price would lead to an increase in total revenue
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases
Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price.
Elasticity of demand is 0.30
Also, the demand is inelastic which means that an increase in price would lead to an increase revenue.
Given that;
P = 300−0.02Q
We can make Q, subject of the formula.
P = 300−0.02Q
Dividing through by 0.02 we'll have
P = 300−0.02Q
50P = 15,000 - Q
Q = 15,000 - 50P
Using differentials,
\(\frac{d}{p} = -50\)
We can then determine the value of q when p is 70
Q = 15,000 - 50(70) = 11,500
Elasticity = \(\frac{70}{11,500} . - 50 = 0.30\)
Therefore, Elasticity of demand is 0.30 . Increase in price would lead to an increase in revenue.
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Drag each label to the correct location on the image.
Project manager Anna has to find ways to minimize project costs and risks. Match the ways to minimize the project risk and cost under the correct
heading
identifying harmful events
auditing regularly
controlling and mitigating managing resources
uncertain events
Minimize Costs
prioritizing harmful events
adjusting schedule
Minimize Risks
Answers
Minimize Costs:
Auditing regularly
Managing resources
Minimize Risks:
Identifying harmful events
Controlling and mitigating uncertain events.
How can project costs and risk be minimized?To minimize project costs, project manager Anna can implement regular auditing processes to identify any areas of unnecessary expenditure or inefficiencies. By regularly reviewing the project's financial aspects, she can identify cost-saving opportunities and make adjustments accordingly.
To minimize project risks, project manager Anna can proactively identify potential harmful events or factors that could jeopardize the project's success. By conducting thorough risk assessments, she can identify the key risks and develop appropriate risk mitigation strategies.
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Airline Accessories has the following current assets: cash, $96 million; receivables, $88 million; inventory, $176 million; and other current assets, $12 million. Airline Accessories has the following liabilities: accounts payable, $86 million; current portion of long-term debt, $29 million; and long-term debt, $17 million. Based on these amounts, calculate the current ratio and the acid-test ratio for Airline Accessories. (Enter your answers in millions, not in dollars. For example, $5,500,000 should be entered as 5.5.)
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Answer and Explanation:
The computation of the current ratio and the acid ratio is shown below:
The current ratio is
= Current assets ÷ current liabilities
= ($96 + $88 + $176 + $12) ÷ ($86 + $29)
= $372 ÷ $115
= 3.23 times
And, the quick ratio is
= Quick assets ÷ current liabilities
= ($372 - $176) ÷ ($86 + $29)
= $196 ÷ $115
= 1.70 times
Hence, the current ratio and the acid-test ratio is 3.23 times and 1.70 times respectively
which of the following resulted from the 2018 report of the texas commission on public school finance?
a pledge by texas state leadership to shift some of the tax burden for school funding from the state of texas
to local property owners a bill requiring texas local governments
to seek voter approval to increase property taxes more than 3.5 percent a year a broad-scale increase in property taxes to help fund schools in poorer areas greater implementation of testing to ensure that underperforming schools are held accountable and thus receive less fundin
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The outcome of the Texas Commission on Public School Finance's 2018 report is General Revenue Funds.
What is the most important source of revenue for public education in Texas?Property taxes greater than 3.5% per year a widespread increase in property taxes to support funding for schools in under served areas Increasing the use of testing will help to ensure that under performing schools are held accountable and earn less funding.
Local financing An M&O property tax imposed on local taxable values is the main source of local funding for Texas public schools. For every $100 of taxable property value, each school district sets its own M&O tax rate. The state organization in charge of managing public elementary and secondary education is the Texas Education Agency.
The state's present funding system was declared unconstitutional by the court because the state constitution calls for the legislature to create, support, and maintain "an effective system of public free schools."
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