Answer:
More; A movement up along a given production function
Explanation:
A reduction in the interest rate of a given economy causes firms to increase their borrowing in order to make investement in projects that are more profitable. This cause firms to employ More capital goods.
Also, once firms increase capital goods, this increase in capital causes the Economoy's Gross Domestic Product (GDP) to rise along the production function.
It is however, important to note that a rise in the GDP along the production function does not lead to a shift in the production function. A shift in production function occurs when their is either improvement in labour skills or technological access or where there is an improvement in both factors.
You are given the following information for Gandolfino Pizza Co.: sales = $48,000; costs = $22,400; addition to retained earnings = $6,250; dividends paid = $2,200; interest expense = $4,800; tax rate = 35 percent. Calculate the depreciation expense.
Answer:
Depreciation Expense=$7800
Explanation:
Step 1:
Calculate Net Income:
Net Income=Retained Earnings + Dividends
Net Income=$6250+$2200
Net Income=$8450
Step 2:
Calculate earnings before tax:
Earnings before tax=Net Income/(1-Tax Rate)
Earnings before tax=$8450/(1-0.35)
Earnings before tax=$13000
Step 3:
Depreciation Expense=Sales-Costs-Interest expense-Earnings before tax
Depreciation Expense=$48,000- $22,400-$4,800-$13000
Depreciation Expense=$7800
The depreciation is calculated as $7800. Depreciation is an accounting technique for distributing out the expense of a tangible item over the course of its useful life.
The depreciation was calculated as:
Retained earnings + dividends = net income.
Net Income = $6250 + $2200
$8450 in profit
Calculate your pre-tax income:
Earnings before taxes = Net Income / (Tax Rate - 1)
Earnings before taxes = $8450/(1.0-0.35).
$13,000 in earnings before taxes = $13,000
Sales-Costs-Interest Expense-Earnings Before Taxes = Depreciation Expense
Depreciation costs are $48,000 ($22,400), $4,800, and $13,000.
Thus, the depreciation is $7800.
It enables businesses to purchase assets over an agreed-upon period of time and produce income from those possessions.
The immediate expense associated with ownership is greatly lowered because businesses do not have to fully account for them in the year that the assets are purchased. A company's profits can be greatly diminished by not accounting for depreciation. Long-term assets can also be depreciated by companies for tax and accountancy reasons.
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Inventory Costing Methods-Periodic Method Chen Sales Corporation uses the periodic inventory system. On January 1, 2012, Chen had: 1,000 units of product A with a unit cost of $30 per unit. A summary of purchases and sales during 2012 follows:
Unit Units Units
Cost Purchased Sold
Feb.2 400
Apr.6 $32 1,800
July 10 1,600
Aug.9 36 800
Oct.23 800
Dec.30 39 1,200
Required
Assume that Chen uses the first-in, first-out method. Compute the cost of goods sold for 2012 and the ending inventory balance at December 31, 2012, for product A.
Assume that Chen uses the last-in, first-out method. Compute the cost of goods sold for 2012 and the ending inventory balance at December 31, 2012, for product A.
Assume that Chen uses the weighted-average cost method. Compute the cost of goods sold for 2012 and the ending inventory balance at December 31, 2012, for product A.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Inventory:
January 1: 1,000 units at $30 per unit.
Feb.2: sold 400 units
Apr.6: purchase 1,800 units at $32
July 10: sold 1,600 units
Aug.9: purchase 800 units at $36
Oct.23: sold 800
Dec.30: purchase 1,200 units at $39
Total units= 4,800 units
Ending inventory= 2,000 units
A) FIFO method
Cost of goods sold= 1,000*30 + 1,800*32= 87,600
Inventory= 800*36 + 1,200*39= 75,600
B) LIFO
COGS= 1,200*39 + 800*36 + 800*32= 101,200
Inventory= 1,000*32 + 1,000*30= 62,000
C) Weighted average
Weighted price= (30 + 32 + 36 + 39)/4= $34.25
COGS= 2,800*34.25= 95,900
Inventory= 2,000*34.25= 68,500
Inventory costing methods include First-in, first-out (FIFO), Last-in, first-out (LIFO), and weighted-average cost methods, each affecting the calculation of COGS and ending inventory balance differently.
Explanation:The inventory costing methods can be calculated as follows:
First-in, first-out (FIFO): It assumes that the first goods purchased are the first ones to be sold. The cost of goods sold (COGS) for 2012 would be calculated based on the cost of the earliest purchased items, while the ending inventory balance would be calculated based on the cost of the products purchased last. Last-in, first-out (LIFO): It assumes that the last goods purchased are the first ones to be sold. This means that the COGS for 2012 would be calculated based on the cost of the latest purchased items, and the ending inventory balance would be calculated using the cost of the earliest purchased items.Weighted-average cost method: This averages out the cost of all items purchased during the year to calculate the COGS and ending inventory balance at December 31, 2012. Learn more about Inventory Costing Methods here:https://brainly.com/question/32273462
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Which of the following is NOT one of the environmental forces shaping organizations?
1. technological
2. Social
3. Regulatory
4. Managerial
Answer:
The correct answer is number (4): Managerial.
Explanation:
The environmental forces shaping companies refer to those factors from outside the organization that influences entrepreneurs to adjust their business organization accordingly not to affect achieving the firm's goal. Those factors are limited to societal, technological, environmental (natural atmosphere), economic and political forces.
The option that is not an environmental forces shaping organization is 4. Managerial.
What forces shape organizations ?Technological forces refer to the changes in technology that can impact the way organizations operate. For example, the development of new technologies can create new opportunities for businesses, while the obsolescence of old technologies can force businesses to adapt or risk being left behind.
Social forces refer to the changes in society that can impact the way organizations operate. For example, changes in demographics, values, and lifestyles can all impact the demand for products and services, as well as the way organizations market and sell their products and services.
Managerial forces are not one of the environmental forces that shape organizations. Managerial forces refer to the decisions and actions of managers that can impact the way organizations operate.
Option 4 is correct.
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What is the net present value of the following stream of cash flows if the discount rate is 11.5%?
O Year 0:-$379 M
O Year 1: $105 M
O Year 2: $78 M
O Year 3: $79 M
O Year 4: $65 M
O Year 5: $65 M
Answer:
-$86.05
Explanation:
The computation of the net present value is shown below:
Year Cash flow Discount factor @11.5 Present value
0 $379 M 1 -$379 M
1 $105 M 0.8968609865 $94.17 M
2 $78 M 0.8043596292 $62.74 M
3 $79 M 0.7213987706 $56.27 M
4 $65 M 0.6469944131 $42.05 M
5 $65 M 0.5802640476 $37.72 M
NPV -$86.05 (Difference)
The discount factor should be computed below
= 1 ÷ (1 + rate) ^ years
Final answer:
To find the net present value (NPV) at an 11.5% discount rate, calculate the present value of each future cash flow by dividing it by (1 + discount rate) raised to the power of the year, then sum all these present values.
Explanation:
The net present value (NPV) of a stream of cash flows is a financial calculation used to determine the value of a series of future cash flows by discounting them back to their value in today's dollars. When discounting each cash flow, we divide by (1 + discount rate) raised to the power of the period number.
To calculate the NPV of the given cash flows at an 11.5% discount rate, we use the formula NPV = Σ (Cash Flow / (1+rate)^n) where Σ denotes the sum over the cash flows, rate is the discount rate, and n is the year of the cash flow.
Let's calculate the NPV step by step:
Year 0 cash flow is already in today's dollars, so it's simply -$379M.Year 1: $105M / (1.115)¹Year 2: $78M / (1.115)²Year 3: $79M / (1.115)³Year 4: $65M / (1.115)⁴Year 5: $65M / (1.115)⁵The NPV is the sum of these discounted cash flows. Finally, compare the NPV to the initial investment to determine if the project is financially viable. If the NPV is positive, it typically means that the project's return exceeds the discount rate, making it a potentially good investment.
Suppose a farmer is a price taker for soybean sales with cost functions given by TC = .1q2 + 2q + 30 MC = 2q + 2 If P= 6, the profit-maximizing level of output is a. 10 b. 20 c. 40 d. 80
Final answer:
When finding the profit-maximizing output for a price-taking farmer in a perfectly competitive market, the Marginal Cost (MC) must be set equal to the market Price (P). However, according to the MC function provided, the calculated output level for profit maximization is 2, not any of the provided options. A clarification or correction in the question or the provided functions might be necessary.
Explanation:
The question involves determining the profit-maximizing level of output for a farmer who is a price taker in a perfectly competitive market for soybean sales. Given the cost functions TC = .1q2 + 2q + 30 and MC = 2q + 2, and a market price (P) of $6, we apply the economic principle that a firm maximizes profit by producing at the level where Price (P) equals Marginal Cost (MC). To find the profit-maximizing output level, we set MC equal to P and solve for q:
6 = 2q + 2
q = (6 - 2) / 2
q = 2
So, the correct answer is not listed in the options given, as the calculation above shows profit-maximization occurs at q = 2. A correction might be necessary because according to the provided reference information, MR and MC intersect at a quantity of 40, which would suggest that the profit-maximizing output level could be 40, assuming MR = P in a perfectly competitive market. However, with the provided equation, this is not the case. Therefore, clarification is recommended.
True or false: The fundamental activities of a business are selling activities and marketing activities.
Answer:
i think its false
Explanation:
The fundamental activities are financing, investing, and operating activities. Thus, the given statement "The fundamental activities of a business are selling activities and marketing activities" can be marked as false.
What are the fundamental activities?The fundamental activities are those activities, that are very essential and important for all business organization. These are those activities upon which, business organization is depend completely.
The fundamental activities are financing, investing, and operating activities. Financing fundamental activities are those activities which includes the transactions related to debt, equity, and dividends.
Investing activities include the purchase of assets, investment in different securities and funds. Operating activities are the activities done by business to bring its products and services to market on an ongoing basis. Basically, the fundamental activities are financing, investing, and operating activities.
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Many stores are open 24 hours a day. When store managers make the decision to stay open 24 hours, it must be the case that a. the calculation of marginal benefits or marginal costs of remaining open all day plays no role. b. the marginal cost of staying open all day must always be greater than the marginal benefit to remaining open all day.c. the marginal benefit of staying open all day must always be greater than the marginal cost to remaining open all day. d. the marginal benefit of remaining open all day is zero e. the marginal benefit of staying open all day and the marginal cost to remaining open all day are at least equal
Answer:
The correct answer is letter "E": the marginal benefit of staying open all day and the marginal cost to remaining open all day are at least equal.
Explanation:
When the marginal benefit and the marginal cost of the production of a good or rendering a service are equal, from the economic point of view we could say that it is worth it to keep the business operating. If the marginal cost is higher than the marginal benefit, the company is likely to shut down.
Access the FASB Accounting Standards Codificationat the FASB website(asc.fasb.org).Required: 1.Identify the Codification topic number that provides guidance on fair value measurements.2.What is the specific citation that lists the disclosures required in the notes to the financial statements for each major category of assets and liabilities measured at fair value?3.List the disclosure requirements
Answer:
Answer to question 1: FASB ASC 820 : The topic tile is "Fair value measurement and disclosure"
The answer to question 2: FASB ASC 820 - 10 - 50 - 2 : Fair Value Measurement And Disclosure As Regards To Overall Disclosure
Explanation:
To fully understand the concept of the answers aforementioned, let us define the abbreviated terms.
FASB: This stands for Financial Accounting Standard Board
This is a a private and non-profit organization whose purpose is to set standards and regulate the financil industry in respect to codes and conduct. Part of the body primary objective is to also establish and improve Generally Accepted Accounting Principles within the United States in the interest of the general public.
Owen and Jessica own and operate an S corporation. Each is a 50% owner. The business reports the following results:
Business revenue $ 225,000
Business expenses 88,000
Investment expenses 16,000
How do Owen and Jessica report these items for tax purposes?
A. $137,000 income on Schedule E; $88,000 investment expense on Schedule A
B. $68,500 income on Schedule E; $8,000 investment expense on Schedule A
C. $68,500 income on Schedule E; $16,000 investment expense on Schedule D
D. $225,000 income on Schedule E; $16,000 investment expense on Schedule A
Answer:
The answer is B. $68,500 income on schedule E; $8,000 on schedule A
Explanation:
An S corp is also known as a pass through entity. It is a form of corporation wherein income, taxes, losses or deductions are transferred to the other owners and are not borne by the entity. This is done in proportion of their shareholdings. In this case, 50%.
This implies that after computing net profit ( revenue less expenses) $22,5000- $88,000= $137,000 and then dividing proportionately, we obtaib $68,500 as income to be declared on schedule E.
The investment expense is also divided proportionately and reported on schedule A. That is, 50% of $16,000, which is $8,000.
The most prevalent forms of organization-wide incentives are piece-rate systems, sales commissions, and individual bonuses.ANS:FPTS:1DIF:EasyOBJ:LO: 12-01NAT:BUSPROG: AnalyticTOP:Variable Pay: Incentive for PerformanceKEY:Bloom's: Knowledge
Answer:
False
Explanation:
The most prevalent forms of organization-wide incentives are profit sharing and employee stock.
Variable Pay: It is basically a financial reward or incentive given to the employee based on his performance.
There are 3 types of variable pay:
1. Individual Incentive
Reward given to an individual for his outstanding performance. The most common forms include piece-rate systems, sales commissions, and individual bonuses.
2. Group/Team Incentive
Reward given to a group or team working together. The most common forms include gain-sharing and project bonuses
3. Organization Incentive
Reward given to all based on the performance of the organization. The most common forms include profit sharing and employee stock
Organizational incentives given to the employees are usually calculated as a percentage of their basic pay.
You were planning to spend Friday working at your part-time job, but a friend asks you to go kayaking.
Which of the following are included in the true cost of going kayaking?
a. The cost of your endurance splash pants you purchased last year
b. The fee for accessing the river in a national park
c. The wages you forgo by going kayaking
d. The rental of any kayak equipment you need
Answer:
b. The fee for accessing the river in a national park
c. The wages you forgo by going kayaking
d. The rental of any kayak equipment you need
Explanation:
True cost includes all the cost incurred in kayaking and opportunity cost. All the costs incurred in kayaking includes :
The fee for accessing the river in a national park
The rental of any kayak equipment you need.
The opportunity cost of kayaking is: The wages you forgo by going kayaking.
I hope my answer helps you
Managers in international businesses will need to evaluate the attractiveness of a country as a market or location
True/False
Answer:
The statement is: True.
Explanation:
Every time a company decides to open up businesses abroad, the must make a study in which the possibilities of success in the new region are highlighted. Consumer behavior and buying patterns are two of the main factors they have to consider as well as the performance of the overall economy of the country in the past years.
Answer:
The correct answer is "True"
Explanation:
Managers in international businesses are responsible for investigating all political, economic, social and geographical factors of the country where they plan to invest and assess the risk of doing so. Managers in international businesses are also responsible of calculating the size and profitability of the market for the company.
The Miller model begins with the MM model with taxes and then adds personal taxes. True or False?
Answer:
The statement is: True.
Explanation:
The Modigliani-Miller (M&M) Theorem is used in financial and economic studies to analyze the value of a firm such as a business or a corporation. The M&M theorem states that a firm's value is based on its ability to earn revenue plus the risk of its underlying assets. Thus, the way a company finances its operations should not affect its value.
When it comes to taxes, the M&M theorem states that the capital structure of a company is not affected when there are no taxes. The theorem starts with the corporate taxes to then relate the approach to personal taxes.
Financial information that may impact investors' and creditors' decisions is referred to as________.
Answer:
Materiality
Explanation:
Materiality is a term or convention relating to the importance / significance of an amount transaction or discrepancy within auditing and accounting
A lender lends $18,600, which is to be repaid in annual payments of $3100 for 6 years. Which of the following shows the timeline of the loan from the lender’s perspective?
A) Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
-$18,600 $3,100 $3,100 $3,100 $3,100 $3,100
B) Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
0 $3,100 $3,100 $3,100 $3,100 $3,100
C) Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
-$18,600 $3,100 $3,100 $3,100 $3,100 $3,100 $3,100
C) Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
-$18,600 $3,100 $6,100 $8,100 $8,100 $9,100 $10,100
Answer:
The correct option is option C
$18,600 $3,100 $3,100 $3,100 $3,100 $3,100 $3,100
Explanation:
Year0- $18600
Year1 - $3100
Year2 - $3100
Year3. $3100
Year5. $3100
Year6. $3100
That is the timeline of the loan from the lender's perspective.
The correct timeline representation of the loan from the lender's perspective is Options A. In Year 1, the lender provides $18,600 then starts receiving annual payments of $3100 from Year 2 to Year 6.
Explanation:The correct option to display the timeline of the loan from the lender's perspective is Option A. Option A correctly details how the lender provides $18,600 at the start (Year 1) as a negative amount representing a disbursement (money out). Afterward, the lender starts receiving payments of $3100 each year (money in), from Years 2 to 6. Each annual payment accruing to the lender is represented as positive value. Keeping these aspects in accordance, the timeline of the loan from the lender's perspective would look like this:
Year 1: -$18,600Year 2: $3,100Year 3: $3,100Year 4: $3,100Year 5: $3,100Year 6: $3,100Learn more about Loan Timeline here:https://brainly.com/question/32810482
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Lockard Company purchased machinery on January 1, 2010 for 80,000. The machinery is estimated to have a salvage value of $8,000 after a useful life of 8 years.
A) Compute 2010 depreciation expense using the straight-line method.
B) Compute 2010 depreciation using method assuming the machinery was purchased on September 1,2010
Answer:
a. $9,000
b. $3,000
Explanation:
The computation of the depreciation expense is shown below:
a.
= (Purchase value of machinery - estimated salvage value) ÷ (useful life)
= ($80,000 - $8,000) ÷ (8 years)
= ($72,000) ÷ (8 years)
= $9,000
b. The asset is purchased on September 1,2010 , so the depreciation expense should be charged for four months i.e From September to December.
We assume the books are closed on December 31, 2010
So, the depreciation would be
= $9,000 × 4 months ÷ 12 months
= $3,000
Microeconomics and macroeconomics Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics. Microeconomics Macroeconomics The effects of government tax policy on long-term economic growth A consumer's optimal choice when buying a flat-screen TV A firm's decision about the size of its new factory
Answer:
Micro Economics - 2 & 3 ; Macro Economics - 1
Explanation:
Micro Economics studies the behaviour of individual consumers, firms & industries. Eg : A good's demand.
Macro Economics studies the Economy as a whole. Eg : Aggregate Demand
2 & 3 : A consumer's optimal choice when buying a flat-screen TV , A firm's decision about the size of its new factory - are about a single consumer , a single firm. They are hence Micro Economics topics.
1 : The effects of government tax policy on long-term economic growth - is impact of macro economics topic 'budget' on entire economy's growth. They are hence Macro Economics topics.
The effects of government tax policy on long-term economic growth is Macroeconomics. A consumer's optimal choice when buying a flat-screen TV and A firm's decision about the size of its new factory is Microeconomics.
In general, microeconomics focuses on individual economic agents such as consumers, firms, and markets, analyzing their behavior and decision-making.
Macroeconomics, on the other hand, deals with the overall functioning of the economy as a whole, including aspects like national income, economic growth, inflation, and government policies that affect the aggregate economy.
Microeconomics is a branch of economics that studies the behavior of individual economic units, such as households, firms, and consumers, and the interactions between them in specific markets. It focuses on the analysis of individual choices, their impact on resource allocation, and the determination of prices and quantities in various markets.
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The following information is from the 2015 records of Armand Camera Shop: Accounts Receivable, December 31, 2015 $40,000 (debit) Allowance for Doubtful Accounts, December 31, 2015 prior to adjustment 1,500 (debit) Net credit sales for 2015 175,000 Accounts written off as uncollectible during 2015 15,000 Cash sales during 2015 27,000 Bad debts expense is estimated by the percent-of-sales method. The management estimates that 3% of net credit sales will be uncollectible. Calculate the amount of bad debts expense for 2015 and prepare the Journal Entry.
Answer:
$5,250
Explanation:
The computation of the bad debt expense for year 2015 is shown below:
= Net Credit sales × uncollectible percentage given
= $175,0000 × 3%
= $5,250
Under the percent-of-sales method, simply we multiplied the net credit sales by the uncollectible percentage given so that the bad debt expense could have come. All other information given is of no significance. So, ignored it
Answer:
Boxed
Explanation:
Decisions regarding which of the following are not part of the production process structure?a) management policiesb) robotsc) facilitiesd) flexible manufacturing system (FMS) machinese) flow of goods and services through the facility
Although important in guiding company operations, management policies are not considered a direct part of the production process structure like facilities, goods flow, robots, and FMS machines.
Explanation:Decisions regarding the production process structure usually encompass a variety of factors, such as facilities, the flow of goods and services through the facility, robots, and flexible manufacturing system (FMS) machines. These are integral parts of the manufacturing and operation process of a business. Management policies, however, don't directly contribute to the physical production process structure, though they guide the overall operations, objectives, and decision-making within a company.
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Management policies are not part of the production process structure.
Explanation:The decisions regarding management policies are not part of the production process structure. While management policies may influence the overall production strategy and decision-making, they are not a direct component of the production process itself.
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Transfer Pricing Aulman Inc. has a number of divisions, including a Furniture Division and a Motel Division. The Motel Division owns and operates a line of budget motels located along major highways. Each year, the Motel Division purchases furniture for the motel rooms. Currently, it purchases a basic dresser from an outside supplier for $40. The manager of the Furniture Division has approached the manager of the Motel Division about selling dressers to the Motel Division. The full product cost of a dresser is $29. The Furniture Division can sell all of the dressers it makes to outside companies for $40. The Motel Division needs 10,000 dressers per year; the Furniture Division can make up to 50,000 dressers per year. Also, assume that the company policy is that all transfer prices are negotiated by the divisions involved.
Required:
1. What is the maximum transfer price? $ 40 Which division sets it?
2. What is the minimum transfer price? $ 14 Which division sets it?
3. Conceptual Connection: If the transfer takes place, what will be the transfer price? $ 40 Does it matter whether or not the transfer takes place?
Answer:
Explanation:
Standard fixed overhead rate=budgeted fixed overhead costs/practical capacity=$400000/32000=$12.50
Fixed overhead spending variance=Actual fixed overhead-Budgeted fixed Overhead=$403400-$400000=$3400
Fixed overhead volume variance=Budgeted fixed overhead-(Standard hours*Standard fixed overhead rate)=400000-(0.80*32000)=$397440
What is property in a downtown business area that caters primarily to business travelers.
Answer:
Business Hotels
Explanation:
Hotels, hotel size, location, target markets, service levels, facilities, number of rooms, ownership and loyalty etc. Classified by categories. These categories allow hotels of the same size to compare their operating procedures and statistical results.
The hotel targets many markets, and these factors can be classified according to the location and duration of stay as they affect the hotel's attractiveness.
By location:
- The city center is usually located in the business center, a short distance from the mall.
-Air ports This type of hotel usually targets business customers, overnight travelers or canceled flights and airline employees.
- Floating hotels are located in rivers, seas or large lakes.
- Boatels House boats are called boards that offer luxury guests to travelers.
-The Conference Centers pay attention to such hotels and conferences and overnight for meeting attendees.
On the target market:
- Business hotels are located in the heart of the city in tight commercial areas to get good and high business. It is mainly addressed to businessmen.
- Conference centers or convention hotels are larger than convention centers and probably have more than 1,500 rooms.
- Resort Hotels are usually found in the mountains, on one island or other exotic locations away from cities.
- Business Hotels: These hotels are the largest group of hotels and primarily serve business travelers and are usually located in the city center or in business areas. Although business hotels primarily serve business travelers, many tour groups, individual tourists and small conference groups consider these hotels attractive.
Final answer:
A property catering primarily to business travelers in a downtown business area is located in the central business district (CBD), a hub of commerce and transit designed to meet the needs of business professionals through facilities like hotels and convention centers.
Explanation:
A property in a downtown business area that primarily caters to business travelers is likely situated in the central business district (CBD) of a city. The CBD is the commercial and geographic heart of a city, characterized by high rents, high density of commerce, and a growing trend of accommodations designed to support the needs of business professionals, including hotels, convention centers, and short-term apartments. These properties are strategically positioned to facilitate easy access to financial districts, entertainment, and retail spaces, crucial for meeting the demands of business travelers, convention goers, and professionals on short-term visits for consultations or meetings with clients and colleagues.
While primarily commercial, the CBD's evolution includes increasing residential populations, as younger professionals seek city center living for proximity to work and urban amenities. The economic influence of metropolitan businesspeople is substantial, leading many cities to invest in infrastructure like convention centers and airports to attract this demographic, despite potential objections from permanent residents over the use of public funds for these projects. Ultimately, these investments underscore the role of business travelers in shaping land-use and development decisions within the CBD.
One of the big differences that David Rupel sees between planned vs followed story is___________.
a. emotional investment of the participants.
b. the amount of writing involved.
c. length of shooting schedule.
d. production costs.
The big difference between planned stories and followed stories that David Rupel highlights is option A) the emotional investment of the participants due to the chronological filming sequence in planned stories and the reactive, real-time unfolding of events in followed stories.
One of the big differences that David Rupel sees between planned versus followed story is option A) the emotional investment of the participants. In the case of a planned story, especially for films, sequences might not be shot chronologically, creating challenges for actors who cannot use the character's personal journey throughout the story to fuel their emotional status at different points. The director must have a specific vision and detailed knowledge of the opportunities unique to filmmaking, including the use of technical elements like various cameras, lenses, and CGI.
In contrast, followed stories, such as those in documentaries, involve capturing events as they occur. This reactive type of filming requires flexibility and the ability to adapt to changing circumstances, often resulting in a strong emotional investment from all participants as the narrative unfolds naturally. This can lead to a different emotional dynamic compared to planned stories precisely because the participants are experiencing and reacting to events in real time.
The difference between variable costs and fixed costs is (CMA adapted) A. Unit variable costs fluctuate and unit fixed costs remain constant. B. Unit variable costs are fixed over the relevant range and unit fixed costs are variable. C. Total variable costs are constant over the relevant range, while fixed costs change in the long-term. D. Total variable costs are variable over the relevant range but fixed in the long-term, while fixed costs never change.
Answer:
(A) Unit variable costs fluctuate and unit fixed costs remain constant.
Explanation:
The fixed costs are the costs which have to be incurred always, irrespective of what the output produced is by the firm. For instance, a firm always has to charge depreciation on its fixed assets, pay salary to the premises staff and pay fixed salary to the managers for managing etc, irrespective of whatever output it produces.
Variable costs are the costs which vary with the level of output produced activity. For example, if more output is produced more will be the raw material payments, more will be the manufacturing related other expenses and more will be the wages paid to the labour etc and vice-versa.
Hence, thereby the per unit variable costs fluctuate and unit fixed costs remain constant.
Variable costs change with the level of production, whereas fixed costs stay constant regardless of production levels. The correct answer to the question is 'A': Unit variable costs fluctuate and unit fixed costs remain constant.
Explanation:The difference between variable costs and fixed costs can be understood in terms of their behavior with respect to changes in the level of production or business activity. A variable cost changes in proportion to the level of production. On the other hand, fixed costs remain constant regardless of the level of production. Whether production increases or decreases, fixed costs do not change within a specific period. As such, answer 'A' is accurate: Unit variable costs fluctuate and unit fixed costs remain constant.
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Which of the following require(s) a formal filing to be recognized as a valid business entity? A) all business entities B) a limited partnershipC) a general partnershipD) a sole proprietorship
Answer:
The correct answer is letter "B": a limited partnership.
Explanation:
A Limited Partnership involves two or more partners conducting business but one is only liable for his capital investment. They are also called silent partnerships or Limited Liability Partnerships (LLPs). Limited partnerships are governed mostly by the U.S. states and require filing in front of the Secretary of State so it can be recognized as a business.
A factory costs $420,000. You forecast that it will produce cash inflows of $100,000 in year 1, $160,000 in year 2, and $260,000 in year 3. The discount rate is 10%. a. Calculate the PV of cash inflows. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value $ b. Is the factory a good investment? Yes No
Answer:
$418,482.34
No
Explanation:
The present value of Cash flows can be found by discounting the cash flows at the discount rate.
The formula can be found by using the formula in the attached image.
The present value can be found using a financial calculator:
Cash flow in year 0 = $0
Cash flow in year 1 = $100,000
Cash flow in year 2 = $160,000
Cash flow in year 1 = $260,000
I = 0%
PV = $418,482.34
The investment is not a good investment because the present value of the cash flows is less than the cost of the investment. The cash flows from the investment would not he enough to recover the amount invested.
I hope my answer helps you.
Thompson Company utilizes the LIFO retail inventory method. Its cost-to-retail percentage is 50% based on beginning inventory and 55% based on current-period purchases. The company determined that during the current period a new layer was added with retail value of $100,000. The new layer at cost should be____________.
Answer:
the most recent purchase
Explanation:
The new layer at cost should be____________. the most recent purchases.
LIFO assigns an amount to cost of goods sold on income statement that approximates its current cost , it also better matches the current costs with revenues in computing gross profit.
LIFO Last in First Out is the method in which inventories are valued assuming that the most recent purchases have been sold out first. When LIFO is used with the periodic system ,cost of goods sold is assigned costs from the most recent purchases.
Answer:
$55,000
Explanation:
$100,000 x 55%
Common methods of alternative dispute resolution include all of the following EXCEPT________.
A. mediation-arbitration.
B. private judging.
C. litigation
D. arbitration.
F. negotiation.
Answer:
Common methods of alternative dispute resolution include all of the following EXCEPT
negotiation
Explanation:
Negotiation is used in market or anything that has to do with buying and selling or in trading as well but it can never be used in dispute resolution
A non-common method to resolve a dispute is C. Litigation
Understand how Litigation works below.
What is LitigationLitigation is the process of filing a suit against a person for his/her conduct which can be challenged at court of law. In this type of dispute resolution both the parties appear in the court of law and they hire their lawyers who defend their case.
Common ways to solve a disputeWhile Mediation-Arbitration, Private judging, Arbitration and Negotiations are the common methods used to resolve any dispute.
Most cases are settled through Negotiation. In these cases neutral Mediators help to resolve dispute between parties.
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Zippy company manufactured 10,000 units in December with a total product cost of $27,357 They had zero finished goods inventory at the start of December. In December Zippy sold 7,811 units at a unit price of $6.16. Period expenses were $3,521. What is the amount of Zippy's gross profit (otherwise know as gross margin).? Round any intermediate calculations to four decimal places.
Answer:
Gross profit is $26,734.73
Explanation:
Cost per unit of production =$27,357/10,000
=$2.73
Cost of goods sold= Opening stocks +production - closing stock
Cost of goods sold = 0 +$27,357- ( $2.73 *(10,000-7,811) )
= $ 21,381.03
Gross Profit = ( $6.16*7,811 ) -$ 21,381.03
= $26,734.73
Gross margin = $26,734.73/$48,115.76 *100%= 55.56%
This represents profit portion before removing operational expenses .
When a company operates in the markets of two or more different countries, its foremost strategic issue is A. whether to use strategic alliances to help defeat its rivals.B.whether to vary the company's competitive approach to fit specific market conditions and buyer preferences in each host country or whether to employ essentially the same strategy in all countries.C. whether to maintain a national (one-country) manufacturing base and export goods to the other countries.D. choosing which foreign companies to team up with via strategic alliances or joint ventures.E. whether to test the waters with an export strategy before committing to some other competitive approach
Answer:
It is whether to vary the company's competitive approach to fit specific market conditions and buyer preferences in each host country or whether to employ essentially the same strategy in all countries (B)
Explanation:
Competing multinationally as a company comes with its own unique strategic issues which must be sorted out in order to gain competitive advantage over other foreign competitors.
One of the biggest concerns of companies competing in foreign markets is whether to tailored their offerings in each different country market to match the tastes and preferences of local buyers or whether to offer a mostly standardized product worldwide.
Hence, regardless of a company’s motivation for expanding outside its domestic markets, the strategies it uses to compete in foreign markets must be situation driven and a good attention must be paid to what is obtainable in the foreign market.
There is a production possibilities frontier (PPF) that shows the combinations of goods X and Y that can be produced in the economy. The point where the PPF touches the good-X axis is at 40 units of good X and the point where the PPF touches the good-Y axis is at 60 units. As a result of an increase in resources that can be used for the production of both goods, the PPF a.shifts leftward, and the point at which the PPF touches the good-X axis has to be something less than 40 units of good X. b.shifts rightward, and the point at which the PPF touches the good-X axis has to be something more than 40 units of good X and the point at which the PPF touches the good-Y axis has to be something more than 60 units. c.shifts leftward, and the point at which the PPF touches the good-X axis has to be something less than 40 units of good X and the point at which the PPF touches the good-Y axis has to be something less than 60 units. d.shifts rightward, and the point at which the PPF touches the good-X axis has to be something more than 40 units of Y and the point at which the PPF touches the good-Y axis has to be something less than 60 units. e.none of the above
An increase in production resources expands an economy's production possibilities, shifting the PPF rightward and increasing the potential units of both goods above their initial values.
Explanation:The production possibilities frontier (PPF) reflects the maximum combination of goods an economy can produce given its resources and technology. When there is an increase in resources that can be used for the production of both goods, the PPF actually shifts rightward. This results in an increase in the potential production of both goods. Consequently, the point at which the PPF touches the good-X axis has to be something more than 40 units of good X and the point at which the PPF touches the good-Y axis has to be something more than 60 units. Therefore, the correct answer is option b.
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