Answer: Extract as much gas as possible now.
Explanation:
As the owner of a natural gas exploring company with the ability to drill and export gas, if I receive information of a coming price increase in the market for gas, I would rapidly increase gas exploration to increase amount of gas that I can legally send to the market.
Answer:
Delay extraction to a future time
Explanation:
The only principal reason why we venture into business is to make profits. While we are doing this, we are equally looking at options and scenarios that could grant us access to the maximum possible profit.
In clearer terms, we seem to take out the maximum profit we can from the business. Now, as we can see, there are two cases presented and we need to judge to know what to do.
Speculations have arrived that there might be an increase in the price of natural gas in the future. Hence, what is meant to happen is that we bottle up our production to a later time at which we are presented with the option to maximize our profits.
Which of the following is true of a sole proprietorship? a. A separate tax return must be filed. b. It is not a business entity. c. There is no personal liability for the owner. d. none of the above
Answer:
b. It is not a business entity
Explanation:
From the answers provided it can be said that the statement that is true about a sole proprietorship is that it is not a business entity. This is because a sole proprietorship is a business that has only a single owner and is not registered as a corporation, partnership or limited liability company. Meaning that there is no separate existence from the owner and the business, causing the business to NOT be a legal entity.
Because countries have different financial regulations and customs, it is common for MNEs to apply their domestic rules and regulations when doing financial business in a foreign countrya) trueb) false
Answer:
B) False
Explanation:
Any multinational corporation must follow the laws that apply on the countries that they operate in. Regarding accounting practices, this is fairly simple, since most countries accept International Financial Reporting Standards (IFRS) rules. If the multinational corporation's headquarters are located in the US, the subsidiary will probably have to elaborate two different sets of financial records, one following the US GAAP and the other one following the IFRS guidelines. But that is optional, since the SEC is currently accepting financial statements using IFRS from American multinational corporations. Corporations that only do business in the US cannot use IFRS standards and must use GAAP, the option of using IFRS applies only to multinationals.
An investor has purchased less than 20% of the common stock available from each of 12 different investees. As part of their financial statements, they provide a report that details the cost and fair value for each of the investments. What is the purpose of this report?
Answer:
The investor wants to know about the fair value, cost and differences of these two in order to calculate the gains or losses for each of their investments
Explanation:
This helps them to calculate the losses arising because of the share prices fluctuations and best helps in assessing the future risks associated with the investment. This way of analyzing an investment and opting to whether sell or retain the investment is also reffered to as valueing investments on the basis of risks associated with investment. The investors also use this data to assess the performance of their investment in terms of gains and losses by the increase or decrease in the value of investment respectively.
Your boss never gives you the benefit of the doubt. When you arrived late from lunch, he assumed that you had simply taken too much time. He never considered that the elevators were not working that day and the fact that you had to walk up 10 flights of stairs. Your boss is guilty of ________.a. self-serving bias.b. selective perception.c. fundamental attribution error.d. inconsistency.e. stereotyping.
Answer:
Your boss is guilty of Fundamental attribution error (C)
Explanation:
Fundamental attribution error is our tendency to explain someones behaviour based on internal factors such as personality while underestimating the effect external factors have such as situational influences.
Answer:
Fundamental attribution error.
Explanation:
In psychology, fundamental attribution error also called attribution effect or correspondence bias is the act of under emphasizing the situational explanations of an individual for the observed behavior of the individual while over emphasizing the personality based explanations for the behavior. It is sometimes described as the belief that people do whatever they want to do and what people do shows who they are.
In both examples mentioned in the question, the boss never gave the affected individual the benefit of doubt and he believed he wasn't saying the right thing.
The money interest rate is the percentage of the amount borrowed that must be paid to the lender in addition to the repayment of the principal. The real interest rate reflects the actual burden on borrowers and the payoff to lenders after accounting for the impact of inflation. True or false?
The given statement is TRUE
Explanation:
When the modification is done in order to remove the results of inflation and to show the real cost of the amount or money that has been raised, or the real yield on the amount of money that is given by the lender is the real interest rate.
When the total amount inclusive of the principal amount that has been borrowed from the lender along with the interest on it is to be paid back, then such interest rate is known as the money interest rate.
Therefore, as per the given information in the question, the statement is TRUE.
The given statement is TRUE
Explanation:
When the modification is done in order to remove the results of inflation and to show the real cost of the amount or money that has been raised, or the real yield on the amount of money that is given by the lender is the real interest rate.
When the total amount inclusive of the principal amount that has been borrowed from the lender along with the interest on it is to be paid back, then such interest rate is known as the money interest rate.
Therefore, as per the given information in the question, the statement is TRUE.
When a seller breaches a sales contract, the Uniform Commercial Code (UCC) provides the buyer with an option to take immediate steps by canceling the contract and purchasing substitute goods from another vendor in order to continue business operations. This right is known as _____.
Answer:
Cover
Explanation:
There are various rights which protect buyers from any sort of misconduct by the sellers. This right is known as 'Cover' which force sellers to follow a contract and avoid unethical behaviour. If sales contract is not followed, buyers have a Cover right to immediately cancel the contract and look for another vendor to continue business operations.
13. The work day has just started and you receive reports that the inventory management server is not accessible on your company's network. You recall that the new network administration assistant was working on that server last night. Which tool can you use to determine if the network administration assistant left that server's NIC disabled?
Answer:
Server Manager
Explanation:
Based on the scenario being described within the question it can be said that the best tool for this would be Server Manager. This is a management console tool that allows individuals to manage servers from a desktop computer either locally or remotely. This tool will allow you to determine if the network administration assistant left that server's NIC disabled remotely from anywhere with an internet connection.Thus making it the best option.
____ are best described as unique strengths, embedded deep within a firm, that allow a firm to differentiate its products and services from those of its rivals, creating higher value for the customer or offering products and services of comparable value at lower cost.
Answer:
Core Commpetencies.
Explanation:
Core competencies are best described as unique strengths, embedded deep within a firm, that allow a firm to differentiate its products and services from those of its rivals, creating higher value for the customer or offering products and services of comparable value at lower cost. Firm can attain sustainable competitive advantage on the bsae of their core competencies as well. Every organization should work hard to find out the different products, services, channels and technology in order to generate not only sales but better positioning in the market as well which then will be harded for the competitors to imitate and copy.
Two small airlines provide shuttle service between Las Vegas and Reno. The services are alike in every respect except that Fly Right bought its airplane for $500,000, while Fly by Night rents its plane for $30,000 a year. If Fly Right were to go out of business, it would be able to rent its plane to another airline for $30,000. Which airline has the lower costs?
Answer:
the economic cost is the same for both airlines
Explanation:
The economic cost considers both accounting and implicit costs. Fly by Night's economic cost = $30,000 per year which is equal to its annual lease. Fly Right's economic cost is also $30,000, because that is the opportunity cost of using the airplane. If they decided to buy a bigger (or smaller) plane, they could lease this one at $30,000, so that is its economic cost.
Anita is employed as plant manager for Mojo Industries, Incorporated. Though she spends some time performing all management functions, she is particularly concerned with tactical planning and controlling. Anita's position would be classified as part of Mojo's:
Answer:
middle management
Explanation:
Based on the scenario being described within the question it can be said that Anita's position would be classified as part of Mojo's middle management. This management level is responsible for leading the line managers as well as junior staff employees and their performance/productivity, including planning and controlling to make sure that everything is running as efficiently as possible.
Organic Market sells high-quality products and grocery items that are unique to their area; in addition it offers delivery for customers who are unable to leave their home and a number of regular workshops regarding eating healthy. By offering these types of products and services, Organic Market is pursuing a _____ strategy. Group of answer choices
Answer:
focused differentiation
Explanation:
A focused differentiation strategy requires offering different or unique goods or services that satisfy the demands of a very narrow market (niche market). This type of strategy is usually carried out to either focus the company's efforts in satisfying a specific demographic market or focusing on a specific sales channel.
Leisure is Select one: a. a good that is not counted in GDP. b. a good that is counted in GDP. c. neither a good nor a bad, and it is not counted in GDP. d. a bad as far as economists are concerned, because it is not tangible.
Answer:
a. a good that is not counted in GDP.
Explanation:
Leisure is not counted in GDP if the leisure activity does not have a market value, and is not exchanged in the markeplace.
For example, going for a walk, or sitting at a park to read are leisure activities that are not considered economically productive, and therefore, are not counted in GDP.
Assume a $1,000 Treasury inflation-protected bond has a 2 percent coupon and a face value at issuance of $1,000. The reference CPI is 202.34 and the current CPI is 203.18. What do you know for certain about this bond?
Answer:
The bond has a 2 percent coupon and a face value at issuance of $1000 which is the same with the Treasury inflation-protected bond. However, the reference Consumer Price Index (CPI) which is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services has increased from 202.34 to 203.18. From this deduction, what I know for certain about this bond is that the interest payment have increased and the coupon rate is still 2 percent.
Final answer:
We know for certain that the bond has a 2 percent coupon, pays $20 in coupon interest, and has a new principal value of approximately $1,006.672 based on the current inflation rate.
Explanation:
To determine what we know for certain about this bond, we need to analyze the given information. We know that the bond has a 2 percent coupon, which means it pays 2 percent of its face value as interest. Since the face value is $1,000, the bond pays $20 ($1,000 x 2%) as coupon interest. We also know that the reference CPI is 202.34 and the current CPI is 203.18. The difference between these two values is 0.84 (203.18 - 202.34), which represents the inflation rate.
The Treasury inflation-protected bond is designed to adjust its principal value based on changes in the CPI. This means that the principal value of the bond will increase or decrease based on the inflation rate. In this case, because the current CPI is higher than the reference CPI, the principal value of the bond will increase. To calculate the new principal value, we multiply the current principal value by the inflation rate and add it to the current value. Using the formula, the new principal value would be $1,006.672 ($1,000 + $1,000 x 0.0084).
Therefore, what we know for certain about this bond is that it has a 2 percent coupon, pays $20 in coupon interest, and has a new principal value of approximately $1,006.672 based on the current inflation rate.
Pell Manufacturing is preparing its direct labor budget for May. Projections for the month are that 33,400 units are to be produced and that direct labor time is three hours per unit. If the labor cost per hour is $12, what is the total budgeted direct labor cost for May
Answer:
Direct labor cost= $1,202,400
Explanation:
Giving the following information:
Projections for the month are that 33,400 units are to be produced and that direct labor time is three hours per unit. The labor cost per hour is $12.
First, we need to calculate the total amount of direct labor hours required:
Total numbers of hours= 33,400 units*3= 100,200 hours
Now, we can calculate the total cost:
Direct labor cost= 100,200*12= $1,202,400
Explanation:
Below is an attachment containing the solution
As part of his senior project, Kevin is conducting a survey of eating attitudes and behaviors among young adults. Kevin distributes questionnaires to 150 randomly selected students enrolled in lower-level psychology courses at his university. These students make up Kevin's
Answer:
sample.
Explanation:
The 150 students that received Kevin's questionnaire are considered the research sample, while young adults in general would be considered the research population. The whole idea behind using a sample is that you can extrapolate the data obtained from the sample to the whole population.
Dynamic Production Services started the year with total assets of $120,000 and total liabilities of $55,000. The revenues and the expenses for the year amounted to $100,000 and $80,000, respectively. During the year, the company did not issue any common stock, but it distributed dividends of $50,000. Calculate Dynamic's net income for the year.
Answer:
$20,000
Explanation:
The income statement shows the revenue and expenses of an entity for a period. The difference between the entity's revenue and expenses gives the net income.
The balance sheet on the other hand shows the company's assets and liabilities, the difference of these is the owners equity.
Hence Dynamic's net income for the year,
= $100,000 - $80,000
= $20,000
A college professor wants to know if the university students in the Unites States will find the new textbook that he has authored to be interesting and useful. He chooses all marketing majors at the school he teaches as his sample. He believes that this group of students will be representative of the university student population in the United States. In this scenario, the professor is most likely using:_______. a. area sampling.b. judgment sampling.c. cluster sampling.d. quota sampling.e. census sampling
Answer:
b. judgment sampling.
Explanation:
In this scenario, where he believes that this group of students will be representative of the university student population in the United States, the professor is most likely using Judgment or Expert sampling which is normally used in circumstances where the pointed population involves very intelligent people like student of the University of United States here who cannot be determined by using any different type of probability or non-probability sampling method.
The professor is using judgment sampling, where the sample is selected based on his own judgment rather than random selection, which often introduces biases.
Explanation:The college professor's belief that marketing majors at his own school can represent university students across the United States is an example of judgment sampling. Judgment sampling involves the selection of a sample based on the judgment of the researcher, rather than using random or statistical methods to ensure a representative sample. This form of sampling relies on the belief that the chosen sample will be typical or representative of the broader population, though it often introduces various biases and isn't guaranteed to accurately represent the larger group.
Young children are permitted to work in the manufacturing of soccer balls in Pakistan, but this would not be legal in the United States. However, a company wants to sell these soccer balls in the United States to Kick-Rite Sports Equipment and Kick-Rite is not sure it wants to sell these particular soccer balls. This is an example of a(n) ______ dilemma.
Answer:
no jodas
Explanation:
E-commerce creates a great deal of data on how consumers interact with a website. L.L.Bean keeps records that show how quickly consumers make decisions, how many alternatives they explore, and whether they stop without completing a purchase. When a manager sees an issue and proposes a solution, the company can easily test the solution. This is an example of:________.
Answer:
evidence based decision making
Explanation:
Evidence made decision making refers to making decisions about issues related to the company or person based on available information gathered through experiential evidence (i.e. things that happened before).
In this case, L.L. Bean has huge amounts of information about their customers and their purchasing habits. When the company must decide about any issue or proposed ideas, they will test those ideas with the information stored at their databases. It is a way of simulating a potential outcome based on existing evidence.
Beginning inventory, january 1: $4,000 net sales: $80,000 net purchases: $78,000 the company's gross margin ratio is 25%. using the gross profit method, the estimated ending inventory value would be:
Answer:
$26,000
Explanation:
Beginning inventory, january 1: $4,000
net sales: $80,000
net purchases: $78,000
If the company's gross margin ratio is 25%. using the gross profit method, the estimated ending inventory value would be derived from the formula -
1. Beginning inventory + Purchases - ending inventory = Cost of Goods Sold.
and
2. Sales - Cost of Goods Sold = Gross profit.
Therefore beginning from 2. If the gross profit is 25%, then the Cost of Sales is 75% of Sales value which is 0.7 x $80,000 = $56,000
Therefore going to formula 1 above, and using 56,000 as the value of Cost of goods sold:
Beginning inventory + Purchases - Ending inventory = Cost of Goods Sold. which implies that 4,000+78,000 - ending inventory = $56,000
Therefore ending inventory = 78,000 + 4000 - 56,000 = $26,000
Answer:
$22,000
Explanation:
cost of goods sold = beginning inventory + purchases - ending inventory
beginning inventory = $4,000net purchases = $78,000COGS = ?ending inventory = ?COGS = 75% of total sales = 75% x $80,000 = $60,000
$60,000 = $4,000 + $78,000 - ending inventory
ending inventory = $82,000 - $60,000 = $22,000
Online auctions are: a. based on the barter business model. b. used to bring buyers and sellers together in a real marketplace. c. cost-effective for selling excessive inventory. d. useful when goods already have a set price in the marketplace.
Answer:c. cost-effective for selling excessive inventory.
Explanation:An online auction is an auction which is held over the internet.
An online auction is similar to a traditional auction. You bid against others for an item. ... When you enter an auction to place a bid, the site's computers determine the amount you need to bid in order to become the highest bidder. You can accept this amount or enter your own bid.
Final answer:
Online auctions are cost-effective for selling excessive inventory and are designed for price discovery through bidding, rather than for goods with a set price in the marketplace.
Explanation:
Online auctions are not based on the barter business model, instead, they serve as a digital platform for buyers and sellers to transact, often powered by the dynamics of supply and demand. They are particularly cost-effective for selling excessive inventory, as they can quickly connect a seller with a large audience of potential buyers. Additionally, auctions are suitable when the value of goods is not predetermined, allowing the market to set the price through the bidding process. While it may seem that auctions could be used when goods have a set price in the marketplace, the essence of an auction is for the price to be discovered through bidding, rather than set ahead of time.
If ABC 10% bond closed at 101 3/8 down 3/4 for the day and would provide a current yield of 9.87%. The current yield if the bond had been purchased on the previous trading day would be:
The current yield of the ABC 10% bond if it were purchased the previous day at a price of 102 1/8 would have been 9.79%.
Explanation:The question revolves around the concept of the current yield of a bond and how it is affected by changes in the bond's market price. Since the ABC 10% bond closed at 101 3/8 and went down by 3/4 for the day, its previous closing price would have been 101 3/8 + 3/4, which is 102 1/8. To calculate the current yield if purchased on the previous day, use the formula for current yield, which is annual coupon payments divided by the market price of the bond.
If the bond's face value is $1,000 and the annual coupon rate is 10%, the annual coupon payment is $100. Purchasing the bond at 102 1/8 (which is $1,021.25 in market price), the current yield would have been:
Current Yield = (Annual coupon payment / Market price) * 100
Current Yield = ($100 / $1,021.25) * 100
Current Yield = 9.79%
Unlike a cost competitive advantage, a sustainable competitive advantage: a. is not attractive because of its durability. b. cannot be copied by the competition. c. lowers costs by removing frills. d. does not offer any low-priced products. e All the Above
Answer: b. cannot be copied by the competition
Explanation: Sustainable competitive advantage is an advantage that cannot be copied by the competition.
It is difficult for the competition to copy due to the rapid emergence of new products and competitors.
Jerome uses the formula, P = 2DB, to find his approximate six-month premium when his driver risk factor, D, is 1.02 and the basic six-month premium is $500.What will his monthly premium be?
Answer:
Approximate one-month premium = $170
Explanation:
To find his approximate six-month premium, Jerome uses P = 2DB.
Given,
D = Driver risk factor = 1.02
B = basic six-month premium = $500
We have to find out P = approximate six-month premium.
Putting the values into the formula we can get,
Approximate six-month premium = 2DB
Approximate six-month premium = 2 × 1.02 × $500
Approximate six-month premium = $1,020
Approximate one-month premium = $1,020 ÷ 6
Approximate one-month premium = $170
Answer:
Approximate one-month premium = $85
Explanation:
Bc it has to be!!!
Btw the answer above is wrong
Charles purchases 20 basketball tickets per year when his annual income is $50,000 and 25 basketball tickets when his annual income is $60,000. Charles’s income elasticity of demand for basketball ticket is ________.a) 0.82, and basketball tickets are a normal good. b) 0.82, and basketball tickets are an inferior good c) 1.22, and basketball tickets are an inferior good d) 1.22, and basketball tickets are a normal good
Answer:
d) 1.22, and basketball tickets are a normal good
Explanation:
Given that
Q1 = 20
Q2 = 25
P1 = 50000
P2 = 60000
Income elasticity = (Q2 - Q1)/(Q2 + Q1) ÷ (P2 - P1)/(P2 + P1)
therefore,
IE = (25 - 20)/(25 + 20) ÷ (60000 - 50000)/(50000 + 60000)
= (5/45) ÷ (10000/110000)
= 0.11111 ÷ 0.09090
= 1.22.
Normal goods are those goods that demand increases with increases in income. Therefore, in this case basketball is a normal good as there was an increase in demand with increase in income. Also normal goods has positive income elasticity, given that 1.22 is positive, it also indicates that it is a normal good.
Answer:
d) 1.22, and basketball tickets are a normal good
Explanation:
Income elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Elasticity of demand = percentage change in quantity demanded/ percentage change in income
Percentage change in income = (60,000 - 50,000) / 50,000 = 0.5
Percentage in quantity demanded = (25-20)/20=0.25
0.25/0.5 = 1.25
A normal good is a good whose demand increases when income increases and falls when income falls.
It varies directly with income.
An inferior good is a good whose demand increases when income when income falls and falls when income rises.
Because the demand for tickets increases with income, the tickets are a normal good.
I hope my answer helps you
Chevrolet has decided to focus on emergent consumers in the automobile market, which includes those individuals who are graduating from college and either heading off to college or the workforce. Chevrolet is engaging in which aspect of STP marketing?
Answer:
Targeting.
Explanation:
STP marketing stands for segmentation, targeting and positioning. The STP of a company is how it decides to compete in a market, and is tailored to a business's unique situation.
Chevrolet has decided to focus on emergent consumers in the automobile market, which includes those individuals who are graduating from college and either heading off to college or the workforce.
Chevrolet is engaging in the targeting aspect of STP.
Chevrolet's focus on emergent consumers in the automobile market, such as new college graduates, exemplifies the 'targeting' phase of STP marketing by identifying and appealing to a specific demographic segment.
Explanation:When Chevrolet decides to focus on emergent consumers in the automobile market, specifically targeting individuals who are graduating from college and who are transitioning either to further education or the workforce, it is engaging in an aspect of STP marketing known as targeting. STP stands for segmentation, targeting, and positioning, three foundational steps in developing effective marketing strategies. In this case, Chevrolet is segmenting the market by identifying a specific group of potential consumers—new college graduates—and then targeting this group with marketing strategies that appeal to their unique needs and aspirations. This approach demonstrates Chevrolet's use of demographic segmentation to tailor its marketing efforts, ensuring that its products resonate with the lifestyles, preferences, and financial situations of emerging adults.
John works for a consumer products company. His job is to use information to identify and define marketing opportunities, evaluate marketing actions, and monitor marketing performance. John's work involves:_______.
Answer:
The correct answer is marketing research.
Explanation:
Marketing research is the process that includes the actions of identification, collection, analysis and dissemination of information with the purpose of improving marketing decision making. Its implementation occurs basically for two reasons: (1) to solve problems, for example, determine the potential of a market; and / or (2) to identify problems, for example, to know why a product does not have the expected consumption. In essence, it seeks to meet the customer thus complying with the first premise of marketing.
ToyMax seeks to determine the number of Kanban containers needed to feed a newly established work cell. The cell requires 600 parts over an eight-hour day. Production lead time for the parts needed by the cell is 3 hours and the cell supervisor recommends a safety stock equal to 50% of the cell’s daily production. Assuming a container size of 100 parts, how many containers are needed for the new cell?
Answer:
5.25 containers are needed
Explanation:
Given:
Total Demand for 8 hour = 600
Safety stock = 50%
Container size = 100
Lead hour = 3 hour
Computation of container required:
Demand for an hour = 600/8 = 75
Safety stock = 50% of 600 = 300
Needed container = [(Demand for an hour x Lead hour) + Safety stock ] / 100
= [(75 x 3) + 300] / 100
= 525 /100
=5.25
Therefore, 5.25 containers are needed
Which of the following refers to the costs of production that fluctuate depending on the number of units produced? A. Total cost B. Contribution per unit C. Markup D. Variable cost E. Fixed cost
Variable cost refers to the costs of production that fluctuate depending on the number of units produced.
Explanation:The cost of any product that changes based on the quantity of goods that are produced. The volume that is produced decides the fluctuations in the variable cost. Fixed cost is the cost that will not change based on the number of units of the goods that is produced. Rent of a building can be considered as a fixed cost.
Example for variable cost may be raw materials cost, packaging cost,etc. Variable cost can be calculated by adding up the cost of labor and raw materials that are used in the production of one unit of a good. The total variable cost can be calculated by multiplying variable cost per unit with the number of units produced.
A representative gives a seminar to investors, making a presentation about successful hedge fund strategies. It is attended by 30 retail clients and 20 institutional clients. FINRA defines this as:
A. an advertisement
B. a solicitation
C. a retail communication
D. correspondence
Final answer:
The seminar given to investors about hedge fund strategies, as per FINRA's definition, is categorized as a retail communication because it's directed at more than 25 retail investors within a 30-day period.
Explanation:
According to FINRA, the scenario described, in which a representative gives a seminar to 30 retail clients and 20 institutional clients about successful hedge fund strategies, is defined as C. a retail communication. This term is used to describe communications made to more than 25 retail investors within a 30-calendar-day period. The purpose of such a communication is typically to inform and potentially persuade investors about the merits of a particular investment strategy or product. Thus, this would fall under the umbrella of commercial speech, where an entity communicates about its goods or services to consumers.