1.
50% of college students are spending up to $20 everytime they dine out.
Based on this number, do you think it's good for your budget to dine out
3x a week? Explain your reasoning.
|
I

Customers are purchasing the goods in greater quantities than normal if demand is rising. It can be as a result of the client's rising sales or the region's high demand for that specific product.

Law of Demand: In accordance with the law of demand, when a good's price drops, more people will buy it and vice versa.Price and quantity demanded are shown to be inversely related.Its curve is constantly downward sloping because of this.Only the price and amount demanded are modified; everything else stays the same.

To know more about Law of demand , visit :

https://brainly.com/question/13213873

#SPJ4

The US internal revenue service taxes the taxable income of corporations as well as the taxable investment income of the firms’ shareholders' double taxation of dividends.

Revenue is the entire quantity of income generated by means of the sale of products or services related to the organization's number one operations. Revenue, additionally known as gross income, is regularly known as the "top line" as it sits at the pinnacle of the income declaration. Profits, or net earnings, are an agency's general profits or income.

In accounting, revenue is the entire quantity of profits generated by using the sale of goods and services related to the primary operations of the business. commercial sales will also be known as income or as turnover. Some corporations get hold of sales from interest, royalties, or different expenses.

Whilst comparing sales vs income you have to understand that “sales” refers to the total amount of cash a company generates before getting rid of any fees. “income”, then again, is equal to sales minus the fees of doing commercial enterprise, which include depreciation, hobby, taxes, and other expenses.

Learn more about revenue here https://brainly.com/question/16232387

#SPJ4

Option C is correct. if the cross-price elasticity of two goods is positive, then the two goods are substitutes.

The term substitute good can be defined as the good that can be used in place of another good. It is a good that the consumers may decide to buy because the previous good they used to use is no longer within reach. An example of substitute good can be seen in different brands of milk. As the price of one brand soars, the consumers may be forced to go for another brand that is cheaper and can take care of the same need.

For instance we can also use tea and coffee, a positive cross price elasticity would mean that if the price of tea is higher, the people would want to switch to drinking coffee.

Hence we can say that if the cross-price elasticity of two goods is positive, then the two goods are substitutes.

Read more on substitute goods here: https://brainly.com/question/14665758

#SPJ1

A Balance Sheet provides a snapshot of a firm's financial position at a specific point in time.

A Balance Sheet could be a financial tool and a book of accounts that has two sides: an assets side and a liabilities side. And either side of a Balance Sheet always matches. All the transactions that passed off in an exceedingly fiscal year are recorded on the Balance Sheet. The transactions of revenue nature come in the assets side and therefore the transactions of expenditure nature or capital nature enter the liabilities side. Any update or omission not recorded within the Balance Sheet or any transaction that can't be recorded within the Balance Sheet must be within the Notes To Accounts.

A Balance Sheet provides a snapshot of a firm's financial position at a specific point in time.

To learn more about Balance Sheets, visit the following link:

https://brainly.com/question/1113933

#SPJ4

You can determine the expected return of your asset or investment by using the Capital Asset Pricing Model calculator or CAPM formula, which takes into account the level of inherent risk.

One of the fundamental financial models, the CAPM model (Capital Asset Pricing Model), is used to determine the optimal necessary rate of return for a financial asset or investment. Since the "beta" parameter, which is the most frequently used financial measure by academic researchers and practitioners, is the foundation of the CAPM model and given that it is typically used to financial assets (securities), we shall get a little more understanding of its purpose.

To learn more about capital asset pricing model here

https://brainly.com/question/28023916

#SPJ4

The return on assets will be 26.02%, so Kyzera has a higher return than its competitors. The Expenses are $404,500 and the Average Total Assets are $244,000. Net income is $63,500 and revenues are $468,000.

1. Return on Assets = Net Income/Average Total Assets × 100

Return on Assets = $ 63,500/$ 244,000 * 100 = 26.02 %

2. Yes, Kyzera earns a higher return than its competitors.

3. Net Income = Revenues - Expenses

$ 63,500 = $ 468,000 - $63,500

Total Expenses = $ 404,500

4. Average Total Assets = Average Liabilities+Equity = $ 244,000.

The return on assets shows how profitable a company is in using its assets effectively. As Kyzera's return on assets is more than her competitors it shows that she is a profitable company. The Assets are given to be the capital of the company along with the liabilities of the company as these are written on the left side and total assets on the right side of the Balance Sheet.

Learn more about Return on Assets here:

https://brainly.com/question/17010819

#SPJ4

Your question was incomplete. Please see the complete question here:

Kyzera manufactures, markets, and sells cellular telephones. The average total assets for Kyzera is $244,000. In its most recent year, Kyzera reported a net income of $63,500 on revenues of $468,000.

Required:

1.  What is Kyzera’s return on assets?

2. Does return on assets seem satisfactory for Kyzera given that its competitors average a 12% return on assets?

3. What are the total expenses for Kyzera in its most recent year?

4. What is the average total amount of liabilities plus equity for Kyzera?

Purchasing power parity is a means of adjusting the exchange rates for two currencies so that they have equal purchasing power.

Purchasing power parities (PPPs) are the quotes of forex conversion that attempt to equalize the buying energy of various currencies, by using doing away with the differences in charge tiers between nations.

What is purchasing power parity with example?

This means that goods in every united states of America will value the equal as soon as the currencies were exchanged. as an example, if the charge of a Coca Cola in the united kingdom changed into 100p, and it turned into $1.50 in the US, then the GBP/USD exchange price should be 1.50 (the united states rate divided by the United Kingdom's) in line with the PPP concept.

What is purchasing power parity of India?

The Purchasing Power Parities (PPPs) of Indian Rupee according to US$ at Gross home Product (GDP) level is now 20.65 in 2017 from 15.55 in 2011. The exchange charge people dollar to Indian Rupee is now sixty five.12 from 46.67 in the course of same length.

What does a PPP less than 1 imply?

The Purchasing Power Parity (PPP) between  kingdom represents the equilibrium exchange rate. some thing above or under this will advocate the currency is over or undervalued.

Learn more about purchasing power parity here :- https://brainly.com/question/28199500

#SPJ4

Changes in the cost of living vary depending on where you live.

The cost of living is considered to be the amount of money which is needed in order to cover basic expenses such as food, housing, taxes, and healthcare in a certain place and time period. Thus, the cost of living is often used in order to compare how expensive it is to live in one city when compared to another.

However, the cost of living is thus tied to the wages people earn. So, if expenses are higher in a city, such as London, for instance, the salary levels over there also must be higher so that people can afford to live in that city.

Hence, option A is correct.

To learn more about cost of living here:

https://brainly.com/question/25664062

#SPJ1

Regarding globalization and globalization strategies, it is not true that c. globalization strategies could simplify the operations​ manager's job.

Globalization has allowed for businesses to grow because customers and suppliers are worldwide which allows for increased markets for sales. Value is therefore added to products and services.

Globalization is not easy on operations managers however. They would have to come up with more complex strategies to manage their company having increased reach.

Find out more on globalization in business at https://brainly.com/question/9761659

#SPJ1

OSHA is the federal agency that is responsible for regulations that ensure workplace safety.

Occupational safety and health management is a massive regulatory enterprise of the united states department of exertions that at first had federal visitorial powers to check out and look at places of work.

OSHA standards are policies that describe the techniques that employers need to use to shield their personnel from risks. There are 4 agencies of OSHA standards: fashionable industry, production, Maritime, and Agriculture. (general industry is the set that applies to the largest range of people and worksites).

OSHA's venture is to make sure that employees work in safe and healthy surroundings via setting and imposing standards, and by using supplying education, outreach, schooling, and help. Employers need to follow all relevant OSHA requirements.

Learn more about OSHA here https://brainly.com/question/1237611

#SPJ4

When considering how mobile users will search for business one should focus on shorter keywords and phrases.

Keywords are used in search engine optimisation. Search engine optimisation allows mobile users to have an optimised experience. It takes into consideration the design of the website, structure, speed etc.

Generally, there are four different types of keywords. Their names are commercial, transactional, informational, and navigational. Keywords refer to small phrases or words an individual usually searches for.

Learn more about keywords here: https://brainly.com/question/16559884

#SPJ4

A new startup airline is offering free round-trip tickets anywhere to the first 600 people who enter the office on the airline's first day of business. You arrive 24 hours before your scheduled opening to make sure you get a free ticket, and you buy food from vendors while waiting in line. The cost of the ticket to you is the cost of your food while you wait in line and the opportunity cost of your time.

Economics can be defined as the study of how individuals, businesses and governments make choices in allocating resources to meet their needs. These groups determine how resources are and how they are organized and coordinated to achieve maximum results. They are mostly concerned with the production, distribution and consumption of goods and services.

The economy is divided into two important parts, namely: Macroeconomics & Microeconomics

You can learn more about Economics here brainly.com/question/28208676

#SPJ4

The objection-handling technique which allows for a customer to try out a solution before purchasing is "felt, feel found.".

Objection handling refers to the strategies that are offered to customers to enable them to get over any objections they might have about a project.

The "felt, feel found" strategy is one of those strategies and it involves calming the customer down by the salesperson telling them that they understand their apprehension and then offering alternatives that can be tried out before purchase.

Find out more on objection handling at https://brainly.com/question/14959495.

#SPJ1

The Net Income for the quarter is give as: $90,850. See the attached for more explanation.

An income statement summarizes a company's sales, costs, and profitability over time. It is sometimes referred to as a profit-and-loss (P&L) or earnings statement.

It displays your revenue from the sale of goods or services expenditures to produce income and run your company

It is important to note that when there is a short fall between expense and income, it is referred to as Net Loss. The net financial position is derived by removing the sum of all expenses from the sum of all income streams.

The three main parts of an income statement is:

Learn more about Net Income:
https://brainly.com/question/15530787
#SPJ1

Multiply the number of months for which you held the receivables by the monthly pull to calculate interest revenue for the period. In this sample, multiply 3 by $1,000 to get $3,000 in interest revenue.

It is shown as part of the owner's equity in the liability flank of the balance sheet of the company.  Interest Payments are non-operating revenues or income for characters not in the business of lending money.

The effective interest revenue acknowledged for the six months ended December 31, 2021, is:

$2,850

Reason:

$95,000 x 0.03 = $2,850

To learn more about interest revenue  visit the link

https://brainly.com/question/17646081

#SPJ4

The median selling price of the house is  $283,300.

Median can be described as the number that occurs in the middle of a set of numbers that are arranged either in ascending or descending order

Median is a measure of central tendency. Other measures of central tendency are mean and mode.

The prices arranged in ascending order is:  $250,600, $275,800, $275,800, $281,900, $284,700, $295,000, $302,100, $305,400.

The median price is :  ($281,900, $284,700) / 2 = $283,300

To learn more about median, please check: https://brainly.com/question/14746682

#SPJ1

Record this transaction in the accounting equation for Russell's consulting service by: increasing both cash and accounts receivable; and increasing revenues

What is accounting equation?

Accounting equation shows the relationship between the assets of the Russell's consulting services and they are financed with equity and liabilities

assets=equity+ liabilities

The provision of consulting services increases the firm's revenue because the revenue has been earned by performing the required services.

However, the cash received increases with the collection of $700 whereas the balance of $300 unpaid increases the accounts receivable

Find out more about accounting equation on:https://brainly.com/question/17090843

#SPJ1

The primary goal of states' laws prohibiting counter displays of tobacco goods, such as those in California, is to deter youth tobacco usage by reducing advertising and product placement.

Additionally, 25% of cigarette displays were found near sweets. Countrywide research also discovered that cigarette advertisements were placed at low heights in around one-third of the establishments.

Some shops put cigarettes in a see-through display to preserve product brands after California outlawed counter displays.

To know more about the counter display, click here:-

https://brainly.com/question/15207716

#SPJ4

Revenue is only recorded on an accrual basis when money is received.

The method of accounting transactions for recording revenue when earned and expenses when spent is known as the accrual basis. The accrual basis mandates the use of provisions for sales returns, bad debts, and inventory obsolescence that are made before the occurrence of such events.

Accounting entries in the books of a company or business are referred to as accrual and accounts payable. Earned income and incurred expenses that have not yet been received or paid are known as accruals. Short-term debts that represent goods or services a business has received but hasn't yet paid for are known as accounts payable.

Learn more about accrual here

https://brainly.com/question/25817056

#SPJ4

The demand for therapists at the clinics will rise along with the marginal revenue product of the therapists.

According to reports, new software will allow therapists to spend less time compiling materials for treatment sessions.

The therapists would be able to attend to more patients as a result, increasing their marginal product, which would raise their marginal revenue product.

The demand for a factor rises along with the marginal revenue product of that element.

As a result, the demand for therapists would rise as a result of this increase in marginal revenue output.

The income gain brought on by the sale of one additional unit of output is known as marginal revenue. Although marginal income can remain constant above a certain level of output, as output level increases, it will eventually begin to decline due to the law of diminishing returns.

Learn more about marginal revenue here

https://brainly.com/question/13383966

#SPJ4

Amend Incorporation should also debit Cash and credit Accounts Receivable

Accounts receivable refers to customers who have purchased goods or services from a company but have not yet paid for them. For instance, the outstanding sum from customers who purchase items on credit is added to the accounts receivable. It is an obligation that came about as a result of a business deal.

The amount of cash on hand increases after debiting a cash account. However, if you debit an accounts payable account, the amount of the accounts payable liability decreases. Accounts receivable are a debit on a trial balance until the client pays. Once the customer has paid, you will debit your cash account and credit accounts receivable because the funds are now in your bank and are no longer owing to you.

To Learn more about Accounts Receivable and debit cash, click the links.

https://brainly.com/question/24261944

#SPJ4

A seller transfers title to a buyer with a general warranty deed. The seller defines the quality of ownership interest conveyed to the buyer in the habendum.

Habendum is an important concept in real estate and property transactions. It may also be used in other transactions related to leases and deeds, for example in the energy sector.

A habendum clause is part of a contract that is concerned with the rights, interests, and other features of ownership that is transferred to the other party. In cases of transfer of rights, for example in relation to a coal mine, it sets out the nature of the right and its duration.

To learn more about property transactions: brainly.com/question/28171058

#SPJ4

Human resource management recruitment is the systematic process of locating, identifying, shortlisting, interviewing, and selecting qualified individuals for specific employment opportunities inside a business.

What  is Human Resource ?

Human resource management (HRM) is the practice of recruiting hiring deploying and managing personnel in a business. HRM is frequently abbreviated as "human resources" (HR)

Human Resources is in charge of five major responsibilities:  compensation and employee benefits training and development compliance, and workplace safety

By efficiently managing the employee lifecycle, an HR department can help give organizational structure and the ability to meet business demands.

Steps of the hiring process :-

Learn more about Human Resource from here

https://brainly.com/question/14419086

#SPJ4

Word count - 243 words

The Sarbanes-Oxley Act of 2002 is the law that requires that the ceo and cfo of public companies must certify in writing that their company’s annual and quarterly reports are accurate and complete.

This is the term that is used to refer to the legal rules and regulations that have being set up in a place that has the aim of being able to guide the behaviors of the people that live in a particular geographical area.

The section 302 of this law is what requires the CEOs to do what has been requested in this question that we have here.

The Sarbanes-Oxley Act of 2002 was passed by the congress of the United States. The reason why that law was passed was deu to the fact that the investors in the nation were to be protected from all activities of fraud.

Hence we would say that The Sarbanes-Oxley Act of 2002 is the law that requires that the ceo and cfo of public companies must certify in writing that their company’s annual and quarterly reports are accurate and complete.

Read more on law here:

https://brainly.com/question/25368237

#SPJ1

Pete Jackson purchased office equipment costing $3,000 for his business and paid immediately. record this transaction in the accounting equation by: decrease cash, increase equipment.

When using the accounting equation, recording the acquisition of kit for cash would come with a rise to the (Cash/Equipment/Supplies) account and a decrease to the (Cash/Equipment/Supplies) account.

What's the proper definition of an asset Business activities change the amounts within the accounting equation. The purchase of an equipment would only lead to a rise in an asset (Equipment) and a decrease in another asset (Cash) within the same amount which might end in the identical total amount of assets, liabilities and equity, and can not affect the fundamental accounting equation.

In step with the business entity concept, a proprietor may include nonbusiness assets and liabilities expenses within the business entity's accounting records. Accountants call any endeavor that changes assets, liabilities, or owner's equity a transaction.

learn more about expenses: https://brainly.com/question/24814852

#SPJ4

"They are offered as an effort to attract and retain superior personnel" is a correct statement about employee benefits offered by employers that generally are not required to be offered such as dental, medical, pension, and profit-sharing plans.

This is further explained below.

Generally, In addition to their regular earnings or salaries, workers are sometimes given other forms of non-monetary remuneration, which are referred to as employee benefits and benefits in kind respectively.

In conclusion,  "Salary packaging" or "salary exchange" arrangements are terms that are often used to describe situations in which an employee trades part or all of their earnings for another benefit of some kind.

Read more about employee benefits

https://brainly.com/question/18114583

#SPJ1

according to coso, establishing a control baseline. is the first ongoing monitoring step in evaluating the effectiveness of an internal control system

Tracking and evaluation cause of M&E the performance of projects, establishments and programs installation by using governments, global organizations and NGOs. Its aim is to enhance current and future management of outputs, outcomes and impact.

Monitoring is the systematic and non-stop collection and evaluation of statistics about the progress of an improvement intervention. tracking is done to make certain that every one the individuals who need to realize about intervention are well knowledgeable, and so that selections can be taken in a well-timed way.

Tracking lets in results, procedures and reports to be documented and used as a basis to influence choice-making and learning tactics. monitoring is checking development in opposition to plans.

Learn more about monitoring here:https://brainly.com/question/25802316
#SPJ4

The right response is d) By understanding the financial issues that impact the company

Business partnerships resemble unions in many ways. To make their partnership successful, both parties contribute a contribution to the table and work together. Denisa Mindruta, Mahka Moeen, and Rajshree Agarwal have looked at the relationships between biopharmaceutical companies. They learn that financial assistance only goes so far and that investing in research capacity increases the attractiveness of businesses. When alliances are formed, companies are sorted top-down according to research quality, with the best researchers becoming allies. Bringing together businesses is Business Ally. It is a virtual platform that enables you to meet all of your company demands independently is a business ally

To know more about business ally refer to https://brainly.com/question/2134724

#SPJ4

Accounting is essential because a) accounting information impacts all of us.

Accounting information includes the cost, managerial, and financial information provided through the accounting process, which enables investors, management, the government, and other stakeholders to arrive at informed decisions.

Some of the characteristics of accounting information include:

Looking at the above characteristics of accounting information, we can appreciate that accounting provides reports to various users regarding the economic activities, performance, and position of a business entity.

Thus, accounting is essential to society because it provides accounting information that impacts everyone.

Learn more about accounting information at https://brainly.com/question/17031135

#SPJ1