When compared to a perfectly competitive labor market, a monopsony labor market hires more workers and pays the same wage.
What distinguishes labor markets that are monopsony from those that are competitive?In a labor market that is totally competitive, no single buyer or seller has the power to influence the going rate on their own. The pay and the level of employment are determined by the interaction between market demand (D) and supply (S). If there is just one employer in the labor market for a given resource, there is a monopsony.
Which, a monopsony or a competitive labor market, will offer better wages?As opposed to similarly competitive labor markets, monopsony will result in lower salaries. Workers in a market with competition are paid their MRPs. Monopsony enterprises pay their employees less than their MRPs on average.
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On August 31 of the current year, Pine Corp. issued 100,000 shares of its $20 par value common stock for all of the net assets of SAP, Inc. The collection of assets and liabilities acquired do not meet the definition of a business under ASC 805. The fair value of Pine's common stock on the acquisition date was $63 per share. Pine paid a fee of $164,000 to the consultant who arranged this acquisition. Costs of registering and issuing the equity securities amounted to $89,000. What amount should Pine record in total for the net assets acquired?
The amount that Pine Corp. should record for the net assets acquired is $6,300,000.
How much should Pine Corp. record?The amount that should be recorded as the total for net assets acquired, is the fair value of the shares sold to finance the purchase.
In this case that is:
= 100,000 shares x 63 per share
= $6,300,000
In conclusion, $6,300,000 should be recorded.
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If your liquid assets equal $15,000 and your total current debts equal $50,000, your liquidity ratio is:
The "Heading1" paragraph style is a good choice to make a chapter name in a document stand out. False True
Answer:
The given statement is "True".
Explanation:
Content formatted with either a heading style initially appeared whenever users are using the perpendicular scroll pointer to peruse a memorandum. Headings can indeed be broadened and sometimes disappeared, as a component of Word’s overview component. Throughout the Navigation window, headings display as users check for text. Because once making a chart of material, individuals would be included.So the one listed above will be the right one.
On January 1, 2017, Robinson Company purchased Franklin Company at a price of $2,500,000. The fair market value of the net assets purchased equals $1,800,000.
What is the amount of goodwill that Robinson records at the purchase date?
Explain how Robinson would determine the amount of goodwill amortization for the year ended December 31, 2017.
Robinson Company believes that its employees provide superior customer service, and through their efforts, Robinson Company believes it has created $900,000 of goodwill. How would Robinson Company record this goodwill?
On January 1, 2017, Robinson Company purchased Franklin Company at a price of $2,500,000. The fair market value of the net assets purchased equals$1,800,000. Thus the amount of goodwill that Robinson records at the purchase date is $700,000.
What is the calculation?Step 1
Given that the entire Franklin Company was purchased by Robinson Company, goodwill should be recorded.
To solve for the purchased goodwill, we have
Goodwill= Purchase price of the company−Market value of the individual net assets
=$2,500,000−$1,800,000
= $700,000
Thus, the purchased goodwill is valued at $700,000.
Step 2
Goodwill is recorded as an asset and is not amortized, thus there will be no amount for goodwill amortization for year ended December 31, 2017. Instead, goodwill is tested for impairment annually.
Step 3
Goodwill is recorded only when it is acquired upon purchase. In this case, since goodwill is based solely on the employees' efforts of providing superior customer service, Robinson Company should not record it.
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Functions of Money Jeffrey has had a busy day. Today he went to a financial manager to begin planning for his son's future. He opened a college savings account. This is an example of a
Answer:
Store of value.
Explanation:
In economics or financial accounting, money can be defined as any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.
Simply stated, money refers to any asset which can be used to purchase goods and services by customers.
This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.
The three (3) main functions of money all over the world are;
I. Medium of exchange.
II. Unit of account.
III. Store of value.
In this scenario, Jeffrey went to a financial manager to begin planning for his son's future by opening a college savings account. Thus, this is is an example of a store of value because the purchasing power was transferred from the present to the future.
In conclusion, money being a store of value makes it possible to transfer purchasing power between traders and buyers from the present to the future.
the circular-flow diagram illustrates that, in markets for the factors of production, a. households are sellers, and firms are buyers. b. households are buyers, and firms are sellers. c. households and firms are both buyers. d. households and firms are both sellers.
The circular-flow diagram illustrates that, in markets for the factors of production, the households are sellers, and firms are buyers. Thus option (a) is correct.
What are the factors of production?The factors of production are the resources required to produce goods and services. The classic factors of production are traditionally categorized as:
Land: This includes natural resources like oil, timber, minerals, water, and other resources used in the production process.
Labor: This refers to the human effort involved in producing goods and services, including physical and mental work.
Capital: This includes the physical assets used in the production process, such as machinery, tools, buildings, and equipment.
Entrepreneurship: This refers to the skill and knowledge of individuals who organize and manage the other factors of production to produce goods and services.
In the circular-flow diagram , in markets for the factors of production, the households are sellers, and firms are buyers. Therefore, option (a) is correct.
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When people are in debt, it means there is no income
True or false?
What is the per phone marginal cost of increasing phone production from 50 to 55 phones if there are 5 workers in the company?
The marginal cost of increasing phone production from 50 to 55 phones if there are 5 workers in the company is 3 handbags.
What is marginal cost?The marginal cost is the increase in price that results from a unit increase in output quantity. It is the output-relative derivative of the total cost function, to put it formally. Marginal costs are important because economic decisions are made at the margin.
The term "marginal cost" refers to the total expenses incurred in manufacturing an additional good. As a result, it can be assessed by changes in the expenditures related to each additional unit. Total Expense Change / Unit Production Change equals Marginal Cost.
Output of handbags falls from 35 to 20 as phone production rises from 50 to 55.
Marginal cost of increasing phones
= (35-20)/(55-50)
= 15/5
= 3 handbags
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Describe six common mechanisms of failure o Identify the best contra measure for that failure mechanism. Describe working and environmental conditions that lead to failure for a product made from material from each of the four material categories o Explain, with examples, the preventative measures that can be used to extend the service life of a given product within its working environment Explain the methods that could be used for estimating product service life when a product is subject to creep and fatigue loading
Mechanisms of failureA failure mechanism is a method by which a system fails to perform its intended function.
The failure modes are the physical and visible forms of failure, while the failure mechanisms are the reasons for the failure. The following are six common mechanisms of failure:
1. Corrosion: Corrosion is the deterioration of a material as a result of a chemical reaction with its environment. Corrosion may result from a number of causes, including direct exposure to atmospheric conditions or water. Contra measure: Corrosion-resistant coatings and cathodic protection.
2. Fatigue: Fatigue is the weakening of a material as a result of repeated loading. Fatigue failures can be caused by cyclical stress, vibration, and thermal cycling. Contra measure: Fatigue design, stress relief, and improved material quality.
3. Creep: Creep is the gradual deformation of a material over time as a result of constant stress. Creep failures are common in high-temperature environments, where the material's strength is significantly reduced. Contra measure: Reducing temperature, improving material quality, and designing for creep.
4. Wear: Wear is the gradual loss of material due to contact between surfaces. Wear can be caused by a number of factors, including friction, abrasion, and erosion. Contra measure: Lubrication, coatings, and hardening of surfaces.
5. Overload: Overloading is the deformation or failure of a material due to stress exceeding its limit. Overload failures are common in structures and machines. Contra measure: Design for adequate strength and overload protection.
6. Corrosion Fatigue: Corrosion fatigue is the weakening of a material due to a combination of corrosion and cyclical loading. Corrosion fatigue is commonly found in marine environments, where the material is exposed to both seawater and cyclical loading. Contra measure: Corrosion-resistant coatings, cathodic protection, and improved material quality.
The four material categories include metals, polymers, ceramics, and composites, and the working and environmental conditions that lead to failure for a product made from each material category are different. Metals, for example, can fail due to corrosion, fatigue, and creep, among other things. Polymers, on the other hand, can fail due to environmental stress cracking, thermal degradation, and oxidation. Ceramics can fail due to thermal shock, fatigue, and stress corrosion cracking.
Composites can fail due to delamination, interlaminar shear, and environmental degradation.Each type of failure mechanism has a variety of preventative measures. Lubrication, coatings, and hardening of surfaces can be used to prevent wear, for example. Fatigue design, stress relief, and improved material quality can all help to prevent fatigue failure. Corrosion-resistant coatings, cathodic protection, and improved material quality can all help to prevent corrosion failure.
Designing for creep, reducing temperature, and improving material quality can all help to prevent creep failure.The service life of a product is determined by a variety of factors, including the material it is made of, the environmental conditions it is subjected to, and the stress it experiences. Creep and fatigue loading can both shorten a product's service life, but there are methods that can be used to estimate how long the product will last. The use of finite element analysis, for example, can help to predict a product's lifespan based on the stress it experiences.
In conclusion, understanding the mechanisms of failure is critical in determining the preventative measures that can be implemented to extend the service life of a given product within its working environment. Different materials are susceptible to different types of failures, and each type of failure has its own set of preventative measures. Finally, when a product is subject to creep and fatigue loading, there are methods that can be used to estimate its service life.
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dylan and marie created a private corporation for the purposes of developing new embroidery designs to sell to manufacturers. their company is a(n) corporation.
Dylan and Marie created a private corporation for the purpose of developing new embroidery designs to sell to manufacturers. their company is a C corporation. A corporation, sometimes known as a C corp, is a legal entity that exists independently of its owners.
A C corporation is a sort of corporate structure that is regarded by law as being distinct from its owners or shareholders. In other words, the corporation has the legal right to sign contracts, bring legal action, and carry on business under its own name. The most typical kind of company is a C corporation, which provides a number of advantages, including limited liability protection for the owners, the capacity to issue stock and raise money, and potential tax advantages.
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Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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the actions of an employee are not attributable to the employer if:
Answer:
The actions of an employee are not attributable to the employer if the employer has not directly or indirectly encouraged the employee to violate a law and if the employee has actually attended such a training program.
Brendon Inc. required a permit to open its business in a foreign country. Although it had met all the requirements for the permit, the officials delayed providing Brendon Inc. with the permit. To expedite the process, the company made a payment to a high-ranking official who has the authority to grant the permit. Which of the following types of payment does this scenario exemplify?
A)Accentuation payment
B)Facilitation payment
C)Explicit payment
D)Implicit payment
Yo crato ke its hes la letra C
Explanation:
The scenario described exemplifies a facilitation payment. Therefore, option B is correct.
What is facilitation payment?Facilitation payment, also known as a "grease payment," is a payment made to a government official to facilitate or expedite a routine government action, such as the issuance of a permit or license.
These payments are typically small amounts of money and are made to speed up the process that is already required by law or regulation.
Facilitation payments are distinct from bribes, which are payments made to gain an undue advantage or influence over a government official, and are usually larger in amount.
Facilitation payments are often made in countries where bureaucratic red tape is prevalent, and obtaining routine government services or approvals can be time-consuming and difficult.
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what is a living will?
Answer:
A living will is a document that spells out what your wishes are if you're still alive, but unable to speak for yourself.
Explanation:
Answer:
A living will, despite its name, isn't at all like the wills that people use to leave property at their death. A living will, also called a directive to physicians or advance directive, is a document that lets people state their wishes for end-of-life medical care, in case they become unable to communicate their decisions. It has no power after death.
If you’re helping someone with their estate planning (or doing your own), don’t overlook a living will. It can give invaluable guidance to family members and healthcare professionals if a person can’t express his or her wishes. Without a document expressing those wishes, family members and doctors are left to guess what a seriously ill person would prefer in terms of treatment. They may end up in painful disputes, which occasionally make it all the way to a courtroom.
HELP PLZZZZZZZ ILL GIVE BRAINLYEST OR POINTS
3. (04.07 MC)
Amber wants to give her audience coples of her presentation so they can follow along and take notes. What option should Amber choose in the Print menu? (5 points)
Print Pull Page Slides
O Print Handouts
Print Notes Pages
Print Presentation
Answer: Print Handouts I got y’all
Explanation:I just checked I got my 5 points for the right answer welcome can I get brainlesist or a heart??.
Answer:
Print handouts
Explanation:
I got it right on the test!!!!!
17. Identify TWO aspect that may be an indication that you do not have time
management skills.
Bad time management causes low productivity since tasks aren't planned out or given priority. It may cause individuals to miss out on time from routine duties and finally result in burnout. Setting attainable goals is one of several strategies for enhancing time management abilities.
What contributes to students' bad time management?Some of the most common effects of poor time management among college students include lack of sleep, decreased academic performance, continuous procrastination, poor nutrition, and a higher risk of dropping out. Students frequently miss class, rush through tasks, and submit subpar work as a result.
How much does poor time management cost?You can end up working longer and longer hours to do your task as a result of poor time management, which will leave you exhausted, stressed, burnt out, and unwell with less time for your personal life.
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when blueberry designs launched their online delivery portal, they emphasized their expansion from designer wear into sportswear and activewear. they included in their message the number of consumers who have switched to blueberry designs brand because it stands for quality. blueberry designs is demonstrating group of answer choices price appeal advertising appeal product/service popularity appeal emotional appeal
When blueberry Design launched its online delivery portal, it emphasized its expansion from designer wear into sportswear and activewear. they included in their message the number of consumers who have switched to the blueberry designs brand because it stands for quality. blueberry designs is demonstrating product/service popularity appeal. Option C
What is product/service popularity appeal?Generally, An appeal to popularity makes the assumption that there is no way that a significant number of customers could all be mistaken about the quality or worth of the product or service being advertised.
On the other hand, it is not impossible for a big number of individuals to be mistaken, particularly if only a small percentage of customers investigate their available choices before making a purchase.
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Please select the word from the list that best fits the definition
Expenses that can vary from month to month.
Answer:
Explanation:
so u want the definition of what?
Answer:
C. word choice
Explanation:
i got it right on edg 2021
From the bank reconciliation, no entry was recorded for deposits in transit. This would cause
A. Assets to be understated
B. No impact since deposits aren’t recorded on the books
C. Assets to be overstated
D. No impact since deposits in transit are already included in the balance per books
From the bank reconciliation, no entry was recorded for deposits in transit. This would cause Assets to be overstated Option C.
Deposits in transit refer to deposits made by a company that have been recorded on the company's books but have not yet been recorded by the bank. These deposits are typically made near the end of a reporting period and may not appear on the bank statement until the following period.
When no entry is recorded for deposits in transit, it means that the company has included these deposits in its books but has not adjusted the bank balance to reflect them.
The bank reconciliation process is used to reconcile the company's cash balance per books with the cash balance per bank statement. It involves comparing the transactions recorded by the company with those recorded by the bank and making adjustments for any differences.
Deposits in transit are one of the items that need to be accounted for in the reconciliation process.
If no entry is recorded for deposits in transit, it means that the company has not adjusted its cash balance per books to include these deposits. As a result, the cash balance per books will be higher than the actual cash balance. This leads to an overstatement of assets because the company is reporting a higher amount of cash than it actually has.
Therefore, the correct answer is C. Assets to be overstated. Failing to record deposits in transit will result in an overstatement of assets on the company's books. It is important for the company to recognize and record these deposits to ensure accurate financial reporting and prevent misrepresentation of its financial position. Option C is correct.
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What are the differences between mergers and acquisitions?
What are the pros and cons to mergers and acquisitions?
Mergers and acquisitions (M&A) are two different strategies used by companies to achieve growth and gain competitive advantages.
Mergers refer to the combination of two or more companies to form a single entity, while acquisitions refer to the purchase of one company by another. In a merger, the companies involved typically combine their resources and assets to form a new company. In an acquisition, one company acquires another and may absorb or integrate its operations into its own.
The benefits of M&A include increased market share, economies of scale, and access to new markets or technologies. However, there are also potential drawbacks, including cultural differences, increased debt, and integration challenges. Additionally, M&A can sometimes lead to job losses and disruption for employees.
Thus, M&A can be a powerful tool for companies to achieve growth and strategic goals. However, careful planning and execution are necessary to ensure success and avoid potential pitfalls.
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_____ multiplied by the number of units sold equals total revenue for the firm.
The answer is revenue, Revenue multiplied by the number of units sold equals total revenue for the firm.
The definition of revenueThe total income derived from the sale of products or services pertaining to a business's core operations is referred to as revenue. Because it appears at the top of the income statement, revenue, which is also known as gross sales, is frequently referred to as the "top line." A company's overall earnings or profit are referred to as income, or net income.
What does business revenue mean?Revenue is the overall profit an organization makes through its primary activities, such as the sale of goods or services, the rental of real estate, regular payments, the interest on loans, etc.
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After a bank reconciliation has been completed these transactions are listed as ____ to the cash balance? ? need help taking A p e x quiz now!!! don't have time to be chasing a link!
A. Journal entries
B. Credits
C. Adjustments
D. debits
Answer:
A
Explanation:
After adjusting the balances as per the bank and as per the books, the adjusted amounts should be the same. If they are still not equal, you will have to repeat the process of reconciliation again.
Once the balances are equal, businesses need to prepare journal entries for the adjustments to the balance per books.
Answer:The answer is C
Explanation:
Just took the test
Suppose you are planning a summer vacation and book a hotel room online for $149 a night. However, when you get to the reservation screen, you are informed that you will be charged an additional $30 a night in various taxes that you have to pay to the hotel.
Indicate whether each of the given factors is likely to raise the economic burden of the tax for you or for the hotel. (for each of the following)
i- A hurricane recently ravaged the area, resulting in many vacancies at competing hotels.
ii- There are many other hotels in the area
iii- It is the peak of tourist season
iv- The hotel has unique architecture and is considered a historical landmark.
Answer:
iii
Explanation:
Most of the time hotels will charge more when more rooms are booked, so when you book your hotel room, and many rooms are booked, most people do get charged more.
A hurricane would raise the burden of tax on the hotel.
The availability of many hotels would raise the burden of tax on the hotel.
The peak of tourist season would raise the burden of tax on you.
As a result of the hotel's architecture, the burden of tax would raise on you.
What does the burden of tax mean?
Economic burden of tax refers to who pays more tax between the buyer and the seller. The economic burden of tax depends on the elasticities of demand of the consumer and the elasticities of supply of the supplier.
The party between the supplier and the consumer that has a more elastic demand or supply would bear less tax burden and the party that has a less elastic demand would bear more tax burden.
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the margin of safety for the miter saw is?
A. two inches
B. three inches
C. four Inches
D. six inches
Answer:
D six inches
Explanation:
Your still cute
Answer: D. Six inches MINIMUM margin of safety at all times.
Wise consumers always understand their needs and wants before they buy.
a. True
O b. False
The statement is true. Wise consumers take the time to evaluate and understand their needs and wants before making a purchase. They consider factors such as the functionality, quality, and suitability of a product or service based on their specific requirements.
By understanding their needs and wants, consumers can make informed decisions, avoid impulsive purchases, and choose products or services that align with their priorities and preferences.
Understanding one's needs and wants is an important aspect of being a conscious and responsible consumer.
Therefore, the given statement is true.
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Mcafee and brynjolfsson say that _____ is one of the earliest examples of fully-automated decision making.
Answer:
credit scores
Explanation:
McAfee and brynjolfsson say that credit scores are one of the earliest examples of fully-automated decision-making.
What is credit score?A credit score, which ranges from 300 to 850, represents a person's creditworthiness. A person's credit score is based on their total amount owed, length of credit history, types of loans, and history of loan repayment.
Despite the fact that ranges vary depending on the credit scoring methodology, credit scores between 580 and 669 are typically regarded as fair, 670 to 739 as good, 740 to 799 as very good, and 800 and higher than extraordinary.
Person's credit score indicates how likely you are to make loan payments on schedule. A scoring system uses information from the credit report to produce the credit score.
Thus, it is a credit score.
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A contract is said to be executed when all parties have completed their performances.True or False
This statement is True. A contract is a legally executed agreement between two or more parties that sets out the rights and obligations of each party and the terms of the contract.
When all parties fulfill their obligations set forth in the contract, the contract is considered fulfilled and considered fully enforceable. Entering into a contract requires both parties to act in good faith and adhere to the terms of the contract. This includes providing the necessary documents, funds or other items specified in the contract. After fulfilling all the above obligations, the contract is considered concluded and binding.
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If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
A major drugstore chain whose stocks are traded on the New York Stock Exchange was considering a 2-for 5 reverse split. If the pre-split market cap was 1.71B, what would the post-split market cap be?
A major drugstore chain whose stocks are traded on the New York Stock Exchange was considering a 2-for 5 reverse split. the post-split market cap be 684 million
What is market cap?Generally, In a 2-for-5 reverse split, every 5 shares of stock are combined into 2 shares. This means that the number of outstanding shares of stock will be reduced by 2.5 times. If the pre-split market cap is 1.71B, the post-split market cap can be calculated by dividing the pre-split market cap by 2.5:
1.71B / 2.5 = 684 million
So, the post-split market cap would be approximately 684 million. Please note that this calculation is based on the assumption that the value of the company's stock remains the same after the reverse split. In practice, the value of the stock may change as a result of the reverse split.
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Ruth Harbin opened Macaw Real Estate Co. on January 1, 2005. At the end of the first year, the business needed additional capital. On behalf of Macaw Real Estate, Ruth applied to First City Bank for a loan of $120,000. Based on Macaw Real Estate's financial statements, which had been prepared on a cash basis, the First City Bank loan officer rejected the loan as too risky. After receiving the rejection notice, Ruth instructed her accountant to prepare the financial statements on an accrual basis. These statements included $41,500 in accounts receivable and $13,200 in accounts payable. Ruth then instructed her accountant to record an additional $12,500 of accounts receivable for commissions on property for which a contract had been signed on December 28, 2005, but which would not be formally "closed" and the title transferred until January 20, 2006. Ruth then applied for a $120,000 loan from Second National Bank, using the revised financial statements. On this application, Ruth indicated that she had not previously been rejected for credit. Discuss the ethical and professional conduct of Ruth Harbin in applying for the loan from Second National Bank.
Ruth Harbin's actions in applying for the loan from Second National Bank raise ethical concerns as she manipulated financial statements and failed to disclose the previous rejection.
This misrepresentation undermines transparency and integrity in her financial dealings and may have legal consequences. Business owners should uphold ethical standards and provide accurate, truthful information to maintain trust and credibility.The ethical and professional conduct of Ruth Harbin in applying for the loan from Second National Bank raises concerns. By instructing her accountant to prepare the financial statements on an accrual basis after the rejection by First City Bank, Ruth essentially manipulated the financial information to present a more favorable picture of the business's financial position. This can be seen as unethical behavior and a misrepresentation of the company's true financial situation.Providing false or misleading information to a financial institution is a breach of professional conduct and undermines the integrity of the lending process. Ruth's failure to disclose the previous rejection by First City Bank when applying to Second National Bank further compounds the ethical issue. This omission can be seen as an attempt to deceive the Second National Bank about her creditworthiness.As a business owner, Ruth has a responsibility to maintain ethical standards and provide accurate and transparent information when seeking financial assistance. Engaging in such practices undermines the trust and reliability of financial institutions and may have legal consequences.To maintain ethical and professional conduct, it is crucial for business owners to be transparent, truthful, and abide by the principles of fair representation in their financial dealings.
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