Answer:
The article I section 8,of the U.S Constitution gives constitutional powers to Congress to regulate commerce,tax and spend,and regulate bankruptcy,patents,and copyrights, and other implied powers.
Explanation:
The powers conferred on U.S Congress by the above section of the constitution is called Commerce Powers.
The powers also include the powers to regulate inter-states and foreign trade as well as the powers to regulate the U.S treasury in the areas of printing and circulating the U.S dollar.
A primary role of ________ is to describe how choices are made, analyze the results of those choices, and advise on how better decisions can be made. A. marginal analysis B. a market economy C. government policymakers D. economists
Answer:
D. economists
Explanation:
Economists -
It refers to the person practicing in the field of economics , is refers to as an economists .
The person is responsible to deal with the concepts of economics , develop , study and apply the classical theories of economics .
The major importance of economist is to make optimal decisions using their complete knowledge of economics .
Hence , from the given information of the question,
The correct option is D. economists .
The Scarlet Pages, a semi-professional hockey team, prepare financial statements on a monthly basis. Their season begins in October, but in September the team engaged in the following transactions: (a) Paid $150,000 to Oklahoma City as advance rent for use of Oklahoma City Arena for the six-month period October 1 through March 31. (b) Collected $450,000 cash from sales of season tickets for the team's 30 home games. This amount increased Unearned Ticket Revenue. (c) During the month of October, the Scarlet Pages played five home games. Prepare the adjustments required at October 31 for the transactions above. Indicate the change in each account (Increase or Decrease), the account title of each account affected, and the amou
Answer:
A) September X. Paid $150,000 as advance rent. for 6 months.
Dr Prepaid Rent 150,000 (asset account increases)
Cr Cash 150,000 (asset account decreases)
Since the rent covers a 6 month period, at the end of each month a partial recognition of the rent expense must be made. $150,000 x 1/6 = $25,000
October 31. Recognition of one month of rent (October)
Dr Rent Expense 25,000 (expense account increases)
Cr Prepaid Rent 25,000 (asset account decreases)
B) September X. Collection of $450,000 from sales of season tickets (30 games per season)
Dr Cash 450,000 (asset account increases)
Cr Unearned Ticket Revenue 450,000 (liability account increases)
C) Since 5 games were played during October, 5/30 of ticket revenue must be recognized. $450,000 x 5/30 = $75,000
October 31. Recognition of ticket revenue (5 games).
Dr Unearned Ticket Revenue 75,000 (liability account decreases)
Cr Ticket Revenue 75,000 (revenue account increases)
The explicit forecast period must be long enough for the company to reach a steady state the point at which we calculate the continuing value. Which of the following is NOT a desirable property of that steady state? a) The growth rate rises above the required return on capital. b) The company earns a constant rate of return on existing capital c) The company earns a constant rate of return on new capital invested. d) The company reinvests a constant proportion of its operating profits into the business each year. e) The company expects a constant weighted average cost of capital.
Answer: E) The company expects a constant weighted average cost of capital.
Explanation: The explicit forecast period in most organisations are usually made between five to about fifteen years,this is to ensure that enough timeline is given to effectively capture all the necessary information to do proper forecast.
The only option that is not a desirable feature of the steady state is that. The company expects a constant weighted average cost of capital. All other options are desirable feature because they have positive impact on the business and will make a good forcast.
in the business world of the 21st century, will it be possible to make critical marketing decisions without marketing research?
Making critical marketing decisions without marketing research in the 21st century business world is nearly impossible.
Marketing research provides valuable insights into consumer behavior, market trends, and competitive analysis, helping businesses make informed decisions.
Explanation:In the rapidly evolving business world of the 21st century, it might seem tempting to make quick marketing decisions based on intuition or guesswork. H
However, it's nearly impossible to make critical marketing decisions without marketing research.
The reason behind this is that marketing research provides valuable insights into consumer behavior, market trends, and competitive analysis.
It helps in identifying opportunities and threats, understanding consumer needs, improving products and services, and designing effective promotional strategies.
Therefore, without marketing research, any decision made would lack a sound factual base and could result in unfavorable outcomes for the business.
An example could be launching a product without researching if there is an actual market need for it, which could result in financial losses for the company.
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Final answer:
While it is possible to make marketing decisions without marketing research, such decisions may be based on imperfect information and are not advisable due to the complexity of the modern business environment. Marketing research provides valuable insights that can guide strategies, and understanding data is crucial for informed decision-making.
Explanation:
In the business world of the 21st century, making critical marketing decisions without marketing research is possible but not advisable. Decisions in areas like global marketing and advertising are becoming increasingly complex, and the vast array of choices in the social media age demands that businesses leverage data to stay competitive. Governments, city authorities, and businesses must engage with new forms of social engagement and understand public sentiment. In the era of the information technology (IT) revolution, it's clear that data plays a crucial role in economic decision-making.
However, as economists point out, the information we operate on is often imperfect, meaning we don't always have all the data required to make the best decisions. Despite this imperfection, decisions must still be made. Marketing research can fill in the gaps, providing valuable insights that guide marketing strategies and influence consumer behavior.
The economic analysis of information has become one of the most productive areas of study in recent decades. Properly understanding and interpreting information is a prized skill in the current workforce, essential not just for marketing professionals but across various sectors. Without marketing research, businesses might make uninformed decisions that could have costly repercussions.
Which of the following would prevent a company from receiving reduced penalties under CERCLA? a. the situation was corrected in 90 days b. the EPA discovered the violation c. the disclosure was made after a suit was threatened d. a and c only e. all of the above
Answer:
The correct answer is letter "E": all of the above.
Explanation:
The Comprehensive Environmental Response, Compensation, and Liability Act or CERCLA forbids employers to retaliate against employees for participating in protected activities related to possible environmental laws and regulations violations in regards to cleaning of uncontrolled or abandoned hazardous waste, spillovers or another polluting agent that represents an emergency.
Under the CERCLA, penalties can be imposed without reduction if the Environmental Protection Agency (EPA) finds out abut the situation, if the situation is resolved in ninety (90) days, or if there is a disclosure provided after a threat to take the case to Court.
Net income was $490,000 in 2018, $460,600 in 2019, and $515,872 in 2020. What is the percentage of change from (a) 2018 to 2019, and (b) from 2019 to 2020? Is the change an increase or a decrease?
Answer:
a. The percentage of change from 2018 to 2019 is 6%
The change is an decrease.
b. The percentage of change from 2019 to 2020 is 12%
The change is an increase.
Explanation:
a.
The amount net income of change from 2018 to 2019:
Net income in 2019 - Net income in 2018 = $460,600 - $490,000 = -$29,400<0
The percentage of change from 2018 to 2019 = ($29,400/$490,000) x 100% = 6%
The change is an decrease.
b.
The amount net income of change from 2019 to 2020:
Net income in 2020 - Net income in 2019 = $515,872 - $460,600 = $55,272>0
The percentage of change from 2019 to 2020 = ($55,272/$460,600) x 100% = 12%
The change is an increase.
Answer:
2000yes
uyrs 2000
Fitzgerald Tech owns 20,000 shares of Buchanan Industries, which it purchased for $450,000 in 2016. On March 6, 2020, Fitzgerald declares a property dividend of all Buchanan shares on the basis of one share Buchanan for every 10 shares of Fitzgerald outstanding. At the declaration date, aggregate market price of the Buchanan shares held by Fitzgerald is $750,000. What should Fitzgerald’s debit to Retained Earnings be for this transaction?
Answer:
The debit to the retained earning should be $750,000 for this transaction because that is the market value of the asset to be distributed as dividend.
Explanation:
Property dividend is a form of dividend payout that involves distribution of company`s assets to equity holders as a form of return. These assets can be inventory, marketable securities or investment in a subsidiary.
For this distribution to be formal, it must be approved by the board of directors of the company. After approved and declared, the accounting entries can now be passed.
The accounting entries needed are:
Debit: Retained Earnings with the amount of the asset distributed.
Credit: Dividend Payable with the amount of the asset distributed.
It is important to note that the market value of asset to be distributed should be considered i.e the market value of the asset must be recognized in the book. The difference in book value and market value of the investment will be recognized in respective asset ledger account prior transfer to retained earnings.So that the market value of the investment is recognized on the debit side of retained earnings
In the case of Fitzgerald, $750,000 will be debited to retained earnings since it is the market value of the asset to be distributed.
A characteristic of FICA is that:
A. None of these.
B. It is imposed only on the employer.
C. It provides a modest source of income in the event of loss of employment.
D. It does not apply when one spouse works for the other spouse.
E. It is administered by both state and Federal government.
Answer:
The correct answer is letter "A": None of these.
Explanation:
The Federal Insurance Contributions Act (FICA) is a U.S. law that requires a paycheck deduction to be paid to Social Security and Medicare. Employers and employees share half the payments. Self-employed people are responsible for the entire tax amount.
John Pablo works in the accounting department of a multinational manufacturing company, His job includes updating account receivable based on sales orders and remittance advices. His responsibilities are part of the company's A) revenue cycle B) expenditure cycle C) financing cycle D) production cycle.
Answer:
The correct answer is letter "A": revenue cycle.
Explanation:
The revenue cycle comprises all the activities that a firm takes from the manufacturing of a good until it reaches the retailer or end-user. The cycle actually ends when the payment for the good is received whether it is made with cash at the moment of the purchase or on credit.
The Government must use the solicitation to disclose the precise rating and scoring system to be used by the Source Selection Evaluation Board (SSEB) to evaluate the Non-Price Factors during the proposal evaluations.A. TrueB. False
Answer:
The Government must use the solicitation to disclose the precise rating and scoring system to be used by the Source Selection Evaluation Board (SSEB) to evaluate the Non-Price Factors during the proposal evaluations.
This statement is a False statement.
Explanation:
SSEB tests the technical acceptability of proposals in a fair, accurate and effective manner with established evaluators and makes a valid and reliable evaluation as needed by request. Report information needed to support decisions on competitive range, the sharing of information, the selection of an award submission or the cancelation of an application.
A publisher prints copies of a popular weekly tabloid for distribution and sale. The fixed costs are $500 per print run, with each copy printed costing an additional $0.40. If C(q) is the cost function (in $) of the price of the print run as a function of copies printed, what is the formula for C(q)?
Answer:
500 + 0.40q
Explanation:
A publisher prints copies of a popular weekly tabloid for distribution and sale.
Given that,
Fixed costs = $500 per print run
Variable cost = $0.40
Therefore, the cost function is as follows:
Let the number of copies printed be q,
Cost function: C(q) = Fixed cost + Variable cost
= 500 + (0.40 × q)
= 500 + 0.40q
You found your dream house. It will cost you $300000 and you will put down $30000 as a down payment. For the rest you get a 30-year 4.0% mortgage. What will be your monthly mortgage payment in $ (assume no early repayment)?
Answer:
$1,282.80
Explanation:
The PMT formula is used for this question. The attachment is shown below:
The NPER shows the time period
Given that,
Present value = $300,000 - $30000 = $270,000
Future value = $0
Rate of interest = 4% ÷ 12 months = 0.33%
NPER = 30 years × 12 months = 360 months
The formula is shown below:
= PMT(Rate;NPER;-PV;FV;type)
The present value come in negative
So, after solving this, the answer is $1,282.80
At a sales level of $270,000, the magnitude of operating leverage for the Cake Factory is 2.8. If sales increase by 15%, profits will increase by: a. 2.8% b. 15% c. 42% d. 18.67%
Answer:
Increase in profit will be 42 %
So option (C) will be correct answer
Explanation:
We have given sales level is $270000
Operating leverage for the factory is given 2.8
It is given that sales is increased by 15 %
We have to find that by how much percentage profit will increase
Increase in profit percentage is given by multiplication of operating leverage and increase in profit sale
So increase in profit will be equal to 2.8 ×15 = 42 %
So option (C) will be correct answer
If you invest $100 per year for 12 years at an interest rate of 6%, how much money will be in the account in the future?
Answer:
$1,686.99
Explanation:
The future value of an annuity is determined by the following expression:
[tex]FV = A*[\frac{(1+r)^n-1}{r}][/tex]
For an annual investment (A) of $100 for a period (n) of 12 years at an interest rate (r) of 6%, the future value (FV) is:
[tex]FV = 100*[\frac{(1+0.06)^{12}-1}{0.06}]\\FV=\$1,686.99[/tex]
After 12 years, there will be $1,686.99 in the account.
Product Managers are expected to collaborate in planning the amount of upcoming Enabler work by establishing what? a. Accurate user story sizing b. Team backlog priortization c. Capacity allocation d. Completed epic acceptance criteria
Option D
Product Managers are expected to collaborate in planning the amount of upcoming Enabler work by establishing Completed epic acceptance criteria
Explanation:
Acceptance criteria are a formalized schedule of elements that assure that all user narratives are developed and complete synopses are carried into account. Acceptance Criteria are a collection of observations, respectively with a precise pass/fail outcome, that defines all specifications and are suitable at the Epic, Feature, and Story Level.
An epic is an excellent method to endure the trace of the huge idea in agile circumstances. It enhances crews split their job while proceeding to operate towards a larger intention.
Product Managers are expected to establish Capacity allocation to plan the upcoming Enabler work, ensuring resources are balanced for all aspects of product development while managing the product backlog in Agile environments.
Product Managers are expected to collaborate in planning the amount of upcoming Enabler work by establishing Capacity allocation. This focuses on ensuring that there is an appropriate amount of resources dedicated to supporting, enhancing, and enabling the core functionalities of the product that, in turn, supports new features and user stories. Product Managers have to balance the capacity to manage both enabler work and feature development within the team's workload. The creation and iteration of the product backlog as a living document are essential in Agile methodologies, with requirements being fine-tuned over time.
Backlog prioritization, a guide to practical task sequencing, and working in close continual communication with the product owner are also integral in maintaining a productive Agile team environment. Through effective backlog management and constant iterative dialogue, teams are able to prioritize work and adapt to changes swiftly, ensuring sustainable development and progress.
A market segment is less attractive when ________. A) there are few aggressive competitors in the segment
B) it is difficult for new entrants to enter the segment
C) it contains powerful suppliers who can control prices
D) substitute products are unavailable in the segment
E) buyers in the market segment have weak bargaining powers
Answer:
B) it is difficult for new entrants to enter the segment
Explanation:
The porters' five forces of industry analysis include threat of new entrants, bargaining power of suppliers, competitive rivalry, bargaining power of customers and substitute products.
When the market is difficult for new entrants for one reason or the other such as the control of the distribution network by already established players in the industry, government regulations or large capital requirements etc the industry will be less attractive.
Other options given are factors that make the industry attractive.
Granite Tops for You uses 15 units of capital at $5,000 per unit and employs 50 employees at a cost of $500 each. What is the company's variable cost?
Answer:
$25,000
Explanation:
Given that,
Units of capital used = 15
Per unit cost = $5,000
Number of Employees employed = 50
Cost of each employee = $500
In this question, the variable cost is the cost of employees.
Therefore,
Company's variable cost:
= Number of employees employed × Cost of each employee
= 50 × $500
= $25,000
The mayor of NYC convinced the Rent Guidelines Board to approve a rent freeze. Landlords complained, but could not change it. This is an example of the a. relationship of the firm to other economic agents. b. relationship of the firm to its competitors. c. relationship of the firm to the employee. d. relationship of the employee to the firm. e. relationship of the employee to the environment.
Relationship of the firm to other economic agents.
Explanation:
Economics is a branch of social science where it shows the relation between the firm as well as other economic agents. The economic agents can interact individually as well as in an aggregate way. An economic agent is referred to as decision maker that can effect the economy at the time of selling, producing, buying. The various examples of economic agents are firm, households, individuals as well as business.
In this context NYC is a firm and the rent guideline boards as well as the landlords are various economic agents. In this context a relationship is shown between the firm and the economic agents.
Transactions for Ivanhoe Company for the month of June are presented below. June 1 Issues common stock to investors in exchange for $5,830 cash. 2 Buys equipment on account for $1,550. 3 Pays $560 to landlord for June rent. 12 Sends Wil Wheaton a bill for $510 after completing welding work. Journalize the transactions.
Answer:
The Journal entries are as follows:
(a) On June 1,
Cash A/c Dr. $5,830
To common stock $5,830
(To record the issue of common stock for cash)
(b) On June 2,
Equipment A/c Dr. $1,550
To accounts payable $1,550
(To record the purchase of equipment on account)
(c) On June 3,
Rent expense A/c Dr. $560
To cash $560
(To record the rent expense)
(d) On June 12,
Accounts receivable A/c Dr. $510
To Welding service revenue $510
(To record the welding service revenue)
The journalizing of Ivanhoe company's transactions include the entry of issuance of common stock for cash, equipment purchased on account, payment of rent and billing a customer for completed service. Each transaction has a debit and a credit part as per the double-entry system.
Explanation:The process of recording the mentioned transactions in the books of accounts is called journalizing. This involves identifying the debit and credit aspects of each transaction in line with the double entry system of accounting. Here's how you journalize the transactions:
Issues common stock to investors in exchange for $5,830 cash - Debit: Cash account $5,830, Credit: Common Stock account $5,830.Buy equipment on account for $1,550 - Debit: Equipment account $1,550, Credit: Accounts Payable $1,550.Pays $560 to landlord for June rent - Debit: Rent expense account $560, Credit: Cash account $560.Sends Wil Wheaton a bill for $510 after completing welding work - Debit: Accounts Receivable $510, Credit: Service Revenue account $510.Learn more about Journalizing here:https://brainly.com/question/31718461
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A company reports the following: Cost of goods sold $435,000Average inventory 72,500 Determine (a) the inventory turnover and (b) the number of days' sales in inventory. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume 365 days a year.
Answer:
(a) 6
(b) 60.8 days
Explanation:
Given that,
Cost of goods sold = $435,000
Average inventory = 72,500
Therefore,
(a) Inventory turnover ratio:
= Cost of goods sold ÷ Average inventory
= $435,000 ÷ 72,500
= 6
Therefore, the inventory turnover ratio is 6.
(b) Number of days' sales in inventory:
= 365 days ÷ Inventory turnover ratio
= 365 days ÷ 6
= 60.8 days
Therefore, the number of days sales in inventory is 60.8 days.
Productivity tends to be more difficult to improve in the service sector because the work is: A. frequently processed individually. B. often difficult to automate. C. often an intellectual task performed by professionals. D. typically labor-intensive. E. All of the above make service productivity more difficult.
Answer:
The correct answer is letter "E": All of the above make service productivity more difficult.
Explanation:
Service productivity is more complicated to measure compared to manufacturing productivity. The main reason for that is because services imply individual intellectual activities that cannot be computed based on hours worked. Besides, services are labor-intensive which means organizations need large amounts of employees to increase production who can be laid-off when the demand decreases.
Sherene Nili manages a company that produces wedding gowns. She produces both a custom product that is made to order and a standard product that is sold in bridal salons. Her accountant prepared the following forecasted income statement for March, which is a busy month:
Custom Dresses Standard Dresses Total
Number of dresses 10 20 30
Sales revenue $45,000 $25,000 $70,000
Materials $9,000 $7,000 $16,000
Labor 19,000 8,000 27,000
Machine depreciation 500 200 700
Rent 3,200 1,800 5,000
Heat and light 1,200 800 2,000
Other production costs 1,800
Marketing and administration 6,700
Total costs $59,200
Operating profit $10,800
Ms. Nili already has orders for the 10 custom dresses reflected in the March forecasted income statement. The depreciation charges are for machines used in the respective product lines. Machines depreciate at the rate of $1 per hour based on hours used, so these are variable costs. In March, cutting and sewing machines are expected to operate for 700 hours, of which 500 hours will be used to make custom dresses. The rent is for the building space, which has been leased for several years at $5,000 per month. The rent, heat, and light are allocated to the product lines based on the amount of floor space occupied.
A valued customer, who is a wedding consultant, has asked Ms. Nili for a special favor. This customer has a client who wants to get married in early April. Ms. Nili's company is working at capacity and would have to give up some other business to make this dress. She can't renege on custom orders already agreed to, but she can reduce the number of standard dresses produced in March to 10. Ms. Nili would lose permanently the opportunity to make up the lost production of standard dresses because she has no unused capacity for the foreseeable future. The customer is willing to pay $21,400 for the special order. Materials and labor for the order will cost $5,000 and $9,000, respectively. The special order would require 90 hours of machine time. Ms. Nili's company would save 100 hours of machine time from the standard dress business given up. Rent, heat and light, and other production costs would not be affected by the special order.
Required:
a. Calculate the differential operating profit (loss). include with special order, without the special order, difference and impact.
b. From an operating profit perspective for March, should Ms. Nili accept the order?
c. What is the minimum price Ms. Nili should accept to take the special order?
The answer & explanation for this question is given in the attachment below.
The differential operating profit with the special order is $7,400 and the impact is an increase of $7,400 from the operating profit without the special order. From an operating profit perspective for March, Ms. Nili should accept the order as it will increase the overall operating profit for the month. The minimum price she should accept for the special order is $14,000.
Explanation:To calculate the differential operating profit, we need to compare the operating profit with and without the special order. Without the special order, the operating profit is $10,800. With the special order, the operating profit would be $10,800 + $21,400 - $5,000 - $9,000 = $18,200. The differential operating profit is $18,200 - $10,800 = $7,400, and the impact of the special order on the operating profit is an increase of $7,400.
From an operating profit perspective for March, Ms. Nili should accept the order because it would increase the overall operating profit for the month by $7,400.
The minimum price that Ms. Nili should accept to take the special order is the additional cost of materials and labor, which is $5,000 + $9,000 = $14,000.
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When preparing the report to analyze a proposed quality improvement program, which of the following costs are included in the total costs of undertaking the quality improvement program? A. warranty costs B. sales returns C. cost of rework D. inspection of raw materials
Answer:
D. Inspection of raw materials
Explanation:
Quality improvement program is undertaken by entity in order to improve their processes and procedures for producing goods or providing services.
As every other business undertaking, entities incur cost when undertaking quality improvement program. Such cost includes data collection cost, survey cost and inspection cost.
In this case, inspection of raw materials will be included in the total costs of undertaking the quality improvement program.
Warranty costs, sales returns and cost of rework are all related to cost incurring in the ordinary business of an entity.
3–1. Liability to Business Invitees. Kim went to Ling’s Market to pick up a few items for dinner. It was a stormy day, and the wind had blown water through the market’s door each time it opened. As Kim entered through the door, she slipped and fell in the rainwater that had accumulated on the floor. The manager knew of the weather conditions but had not posted any sign to warn customers of the water hazard. Kim injured her back as a result of the fall and sued Ling’s for damages. Can Ling’s be held liable for negligence? Discuss. (See Unintentional Torts—Negligence.)
Answer: yes
Explanation: although the manager was aware of the weather condition, his negligence hampered him from posting a sign to caution incoming customers. This negligence had incurred a damage to his account and he is liable to compensate Kim for negligence
Final answer:
the owner of market may be liable for negligence if they breached the duty of care owed to Kim by not addressing or warning of the wet floor. A repair shop may be responsible for damages caused by their employee, and an employer can be liable for employee actions under respondeat superior. A babysitter might be liable for negligence if inadequate supervision leads to harm.
Explanation:
It frequently depends on the duty of care that was assumed and whether or not that duty was broken in situations involving negligence and liability in business settings. Given that businesses are required to have a duty of care to their guests, in the event that Kim trips and falls at Market, the institution might be held legally responsible for damages under the idea of negligence. A company's obligation to maintain a reasonable level of security on its property may be violated if this responsibility is not met. Kim's injuries may be the responsibility of the market if it can be demonstrated that the manager knew about the dangerous conditions but did nothing to stop them or alert customers.If a repairman injures someone by accident, the business might be held accountable for the harm the repairman causes. In a similar vein, you can be required to reimburse a loan firm if they sue you for a debt and their claim is upheld. Liability in the babysitter's case depends on whether or not the caregiver was careless in supervising the kids, which might be the situation in this instance.
According to the responsive superior doctrine, employers are frequently held accountable for the conduct of their workers. Chris's accident at the McDonald's restaurant serves as an example of this, potentially making the business responsible for Geoff's injuries that its employee inflicted.
A 30-year 6% semi-annual coupon bond has a tenor of 12 years and a yield to maturity of 7.000%. If the PAR value of the bond is $1000, what is the price of the bond today?
Answer:
$875.28
Explanation:
We use the Present value formula which is attached in the attachment below:
Provided that
Future value = $1,000
Rate of interest 7% ÷ 2 = 3.5%
NPER = 30 years × 2 = 60 years
PMT = ($1,000 × 6%) ÷ 2 = $30
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the present value would be $875.28
Since on semi annual basis, the interest rate is half and the duration is doubled. The same is shown above
Polo Publishers purchased a multi-color offset press with terms of $75,000 down and a noninterest-bearing note requiring payment of $60,000 at the end of each year for two years. The interest rate implicit in the purchase contract is 11%. Polo would record the asset at:
Answer:
$177,751.20
Explanation:
The computation of the recording value of the asset is shown below:
= Down payment + non interest-bearing note requiring payment × PVA factor at 11% for 2 years
= $75,000 + $60,000 × 1.71252
= $75,000 + $102,751.20
= $177,751.20
Refer to the PVA table
By considering the PVA factor, the approximate amount could come.
Which one of the following is NOT generally considered a key factor in assessing industry attractiveness? Select one: a. Buyer power b. Threat of substitutes c. Threat of regulation
Answer:
c. Threat of regulation
Explanation:
Michael Porter's five forces model states factors for assessing an industry's attractiveness. Following are the five forces as per porter:
Buyer power: Refers to negotiation power of buyers in a industrySupplier Power: Refers to supplier's power to charge a price for inputs. Threat of substitutes: Refers to competitors already making homogeneous or similar products.Degree of Rivalry i.e the intensity of competition in an industryThreat of new entrants: Threat of new firms entering the industry and gaining a market share.Thus, Threat of regulation is not considered amongst 5 forces that are used to assess industry attractiveness.
The 'threat of regulation' is not considered a standard factor in the Porter's Five Forces model for assessing industry attractiveness, whereas 'buyer power' and 'threat of substitutes' are included in the model.
Among the options provided, threat of regulation is NOT generally considered a key factor in assessing industry attractiveness in the same context as the other factors. The commonly used framework for industry assessment is the Porter's Five Forces model, which includes the following factors: buyer power ,, threat of substitutes degree of rivalry, supplier bargaining power, and barriers to entry. The threat of regulation can certainly influence industry attractiveness, but it is not one of the core five forces in Porter's model.
The most important step in the marketing research process is:
A. Defining the problem.
B. Defining the research plan.
C. Determining the research objectives.
D. Determining the need for marketing research.
Answer: (A) Defining the problem
Explanation:
The marketing research process is one of the customers that is used to identify the various types of information for defining the marketing opportunities, monitoring the various types of marketing performances and also evaluating the actions.
The important step in the marketing research process is basically defining the actual problem properly during the research process and the data. It is one of the first step in the marketing research process.
The main step in the marketing research process is to defining the actual problem in the account with some relevant information. It is basically used in the decision making process.
Therefore, Option (A) is correct answer.
The most important step in the marketing research process is defining the problem, followed by defining the research plan and determining the research objectives.
Explanation:The most important step in the marketing research process is defining the problem. This step involves clearly understanding the issue or challenge that needs to be addressed through research. Without accurately defining the problem, the subsequent steps in the marketing research process may not yield relevant or effective results.
Once the problem is defined, the next steps in the marketing research process include defining the research plan and determining the research objectives. The research plan outlines the specific steps, methodologies, and resources needed to address the defined problem. The research objectives, on the other hand, set clear goals for what the research aims to achieve, such as gathering consumer insights or evaluating the effectiveness of a marketing campaign.
While determining the need for marketing research is an essential consideration, it is not the most important step. The need for marketing research arises when there is uncertainty or a lack of understanding in a particular area, and it is driven by the need to make informed marketing decisions.
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Suppose the price you are willing to pay for a new car is greater than the marginal cost of producing that new car. Under which market structure could you be most confident that you would be able to buy that new car?a) Perfect Compettitionb)Monopolistic competitionc)Oligopolyd)Monopoly
Answer:
The correct answer is letter "A": Perfect Competition.
Explanation:
Perfect Competition is a theoretical framework of the market, in which competition is as high as possible. In perfectly competitive markets, all firms sell an identical product, all firms are price takers, all firms have a relatively small market share, buyers have complete information about the product and prices, and the industry is characterized by low to no barriers to enter and exit a business. Perfect competitive markets do not exist in real life.
Thus, if the price a consumer is willing to pay for a product is greater than its marginal cost, that individual is likely in a perfectly competitive market.
Indicate whether each scenario will affect the GDP deflator or the CPI for the United States. Check all that apply.
a. A decrease in the price of a Waterman Industries deep-water reel, which is a commercial fishing product used for deep-sea fishing, made in the U.S., but not bought by U.S. consumers (GDP Deflator / CPI)
b. An increase in the price of a Japanese-made phone that is popular among U.S. consumers (GDP Deflator / CPI)
Answer:
GDP deflator; CPI
Explanation:
A decrease in the price of waterman industries in the deepwater reel is an example of GDP deflator as GDP deflator reflects the price of all goods produced domestically. The price will not affect the consumer price index.
An increase in the price of Japanese made phone will impact consumer price index because these phones are generally purchased by us consumers. The phones are not produced domestically that is why they will not affect GDP deflator.
A decrease in the price of a Waterman Industries deep-water reel, made in the U.S., would affect the GDP deflator. Conversely, an increase in the price of a Japanese-made phone that is popular among U.S. consumers would affect the CPI.
Explanation:This question is asking whether certain scenarios will affect the Gross Domestic Product (GDP) Deflator or the Consumer Price Index (CPI) in the United States.
a. A decrease in the price of a Waterman Industries deep-water reel, which is a commercial fishing product used for deep-sea fishing, made in the U.S., but not bought by U.S. consumers would affect the GDP deflator. This is because GDP deflator captures the prices of all goods and services produced within the domestic boundary regardless of whether they are consumed domestically or exported. b. An increase in the price of a Japanese-made phone that is popular among U.S. consumers will affect the CPI. The CPI measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services, irrespective of where these goods are produced.Learn more about GDP Deflator and CPI here:
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