There has been substantial increase in the number of minority entrepreneurs in the United States over the past several years.
A substantial increase means a 50% (50%) or more increase in earning power. In the late 1970s, the United States was the first country to abandon management capitalism and turn to entrepreneurship. The beginnings of American entrepreneurship can be traced back to settlers engaging in trade and bartering with their Native Americans, resulting in mutual benefits for both parties.
This statistic shows the rate of start-up activity per 100,000 US adults from 2000 to 2021. In 2021, the U.S. startup rate was 0.36%, or 360 per 100,000 adults.
• Significantly increase the local population without providing at least 5 acres of built park for every 1,000 residents. or • Significantly increase the use of local neighborhood parks or community parks such that significant physical degradation of the facility occurs.
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In the december 31, 2017, consolidated balance sheet of patrick and its subsidiary, what amount of total stockholders' equity should be reported?
A consolidated balance sheet presents the financial position of an affiliated group of companies.
In the end, a balance sheet is produced that displays the group's assets, liabilities, and equity as though it were a single company. A comprehensive set of consolidated financial accounts normally includes this document.
Inter-company transactions are excluded from a consolidated balance statement in order to avoid any double counting that can inflate any accounts. The consolidation procedure necessary to produce a consolidated balance sheet is time-consuming and error-prone when done manually.
Therefore, a number of commercially available software packages offer capabilities that enable a more automated consolidation process; this aids in the completion of a quicker close and the quicker release of financial statements. Assets and liabilities are balanced in a statement called a balance sheet.
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In your teams, use the above guidelines to write a summary of the below interview. The interview subject
was a tax associate/accountant at PricewaterhouseCoopers. The interviewer was seeking information for
her portion of the Employment Outlook Report.
Remember that all team members must summarize their interviews. Collectively, these interviews should
all be an equal number of words written in a consistent style. Your team should also note any interesting
overlaps or surprising findings among all the interviews.
Original Interview Text. The U.S. Bureau of Labor Statistics gives similar job outlook projections for all
accounting and auditors. Similarly, the projected job growth is 13% with the mean salary falling around
$72,500.
Interview: Lucero Martinez, 22-years-old, tax associate/accountant at PricewaterhouseCoopers (PwC).
Q: What area of accounting is your focus in and what are some of the duties required?
A: My accounting focus area is tax accounting and in addition I have been working with the forensics team
as well. I assist in the administration of a settlement fund to compensate businesses that were affected
by the Deepwater Horizon oil spill of 2010. I am the primary reviewer and process Business Economic
Loss Claims, analyze variances between Profit & Loss statements versus Federal tax returns and make
calculations to determine compensation for claimants.
Q: Did your job require a specific level of education?
A: My specific job requires 150 credit hours including 30 advanced accounting hours. My firm
emphasizes the importance of a Certified Public Accounting license (which I am currently working on
obtaining).
Q: When you applied for your job was it in demand? Or is hiring more seasonal?
A: Accounting is always in demand! PwC specifically hired several interns and associates year-round! It's
an exciting field to be in!
Q: If you had any advice for future accounting professionals, what would it be?
A: Accounting isn't easy, but anything worth doing will not come easy! It's a great field to be in and
opportunities are endless so never be afraid to explore all of your options (government, public, academia,
industry accounting etc.). Talk to professionals, instructors, do internships, and learn. I recommend
reaching the State requirement of 150 credit hours to sit for the CPA. Obtaining this license will help you
advance your career at a faster pace! Attend socials because networking is key! Work hard and always
keep a positive attitude! Accounting is where you want to be. One thing for sure is that you will NEVER not
have a job in accounting.
IN A COMPUTER SCIENCE FIELD.
Instead of focusing on highlighting specific viewpoints or experiences, pay attention to clearly stating what was discussed in the interview.
How do you summarize an interview?Instead of going into specifics regarding viewpoints or stories, focus on giving a concise description of what was discussed in the interview. Instead of paraphrasing what the interviewee said, the summary should serve as a roadmap for what can be learned from the conversation.
10 Tips to Help You Get Ready for an Accounting Interview
Identify Your "Why" What makes you desire to work as an accountant? ... Review Your Basics. Several common accounting interview questions are as follows: ... Create stories.
Show up early.
Be specific, demonstrate your value, research the business, and study your field.
Inform the truth.
Take the interviewer's advice to heart.
Never disparage a professor, friend, job, or your university.
Keep an eye on your grammar.
Be ready to answer some personal queries.
Keep quiet until the interviewer brings up compensation and benefits.
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Pay attention to clearly stating what was discussed during the interview rather than concentrating on highlighting particular points of view or experiences.
How can an interview be summarized?Focus on succinctly describing the content of the interview rather than delving into specifics about points of view or narratives. The summary should be a roadmap for what can be learned from the conversation, not a paraphrase of what the interviewee said.
A structured conversation in which one participant asks questions and the other responds is known as an interview. A one-on-one conversation between an interviewer and an interviewee is referred to as an "interview" in common usage.
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Susan is an investor with the disposition effect. Suppose Susan buys the stock now and plans to sell the stock within four years. Calculate the rate of return over the life of Susan's investment in the stock.
Since the fair market value of each share of stock is the same, its basis per share must be determined by dividing the total basis by the entire number of shares.
How do the predicted future payments made by bonds and stocks differ from one another?Holders of stocks receive ownership rights, and depending on the company's profits and losses, the shareholder may suffer losses. Bonds, on the other hand, are described as both a debt arrangement where the owner is aware of the future payment's due date until there is a default.
How may an investor acquire a stake in a business?When you purchase stock in a firm, you acquire an ownership stake in it. Your ownership stake in the company will be determined by the amount of share you purchase in relation to the total of shares outstanding.
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Which component of the communication model is responsible for initiating the transaction and encoding the message
Sender is the component of the communication paradigm that initiates the transaction and encodes the message.
What exactly is communication?The conveyance of information is commonly defined as communication. The phrase can also apply to the message itself, as well as the branch of study that investigates these transmissions, known as communication studies. Some people argue about the specific definition of communication, such as whether inadvertent or unsuccessful transmissions are included, and whether communication not only transmits meaning but also creates it. Communication models seek to give a simplified understanding of its primary components and their interactions. Many of them incorporate the notion that a source use a coding system to convey information in the form of a message. They send it across a channel to a receiver, who must decode it to comprehend its meaning.
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Which of the following is a reason why government is a participant in a market-oriented economy?
a. To enforce contracts and protect private property
b. To promote collusion
c. To promote the growth of natural monopolies
d. To provide more inequality in the distribution of income
e. To promote externalities
The government engages in a market-oriented economy to uphold agreements and defend private property.
What do you mean by a market-oriented economy ?
A market-oriented economy is an economic system in which the production, distribution, and pricing of goods and services are determined by the forces of the marketplace. This type of economy is driven by competition, which encourages firms to be innovative and efficient in order to remain competitive and profitable. This type of economy allows individuals to have greater control over their economic decisions as they are able to choose from a variety of goods and services. Furthermore, a market-oriented economy promotes economic growth through competition, leading to increased investment, higher wages, and more jobs.
So, The correct option is a. To enforce contracts and protect private property.
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Freda's organization has designated her as its Senior Official. According to the Minimum Standards, Freda's responsibilities will include:
The following will be among Freda's duties: a. Program management; and b. Resource recommendations.
Who is in charge of collaborating with the senior leadership of the company to assess the resource and staffing requirements for a hub?The senior leader or official for the insider threat program is chosen by the organization. In rare circumstances, this person may also act as the Hub Program Manager, in charge of managing daily operations. To identify resource and staffing requirements, they will collaborate with the senior leadership of the organization.
Who is in charge of managing and guiding the organization?The supervisor serves as a liaison between the staff and management. He communicates both management ideas to the workforce and worker issues to the management.
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You deposit $300 in a bank account that pays 6% stated annual interest compounded quarterly. What is the value of your investment at the end of 10 years
$544.21 is the value of your investment at the end of 10 years at deposited amount of $300 in a bank account that pays 6%.
given data:
deposited amount = $300
interest amount = 6%
the formula will be:
A=P(1+r/400)^4n
substitution the above values:
future value = $300(1+6/400)^(4*10)
= $544.21
Investments are financial commitments made to acquire assets in the hopes that their value would rise over time. Investment necessitates the loss of a current resource, such as time, money, or effort. In the world of finance, investment is done in order to profit from the asset being put to use. A gain (profit) or loss realised through the sale of a home or investment, unrealized capital gain (or loss), investment income like dividends, interest, or rental income, or a mix of capital gain and income may all be included in the return. The return may also include foreign exchange profits or losses as a result of shifting exchange rates.
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Which of the following statements about break-even analysis is true?
A) it is a technique used to calc fixed costs
B) it is used to determine how much production experience a company must have to achieve its desired efficiencies
C) it is calculated using variable costs, the unit price, and fixed cost
C) The claims made about the accuracy of the break-even analysis are true; it is computed using variable costs, the unit price, and fixed expenses.
How is Break-Even Analysis Conducted?A financial formula called a break-even analysis is performed to figure out a company's break-even point (BEP). It is not a computation, but rather an internal management tool that is frequently disclosed to outside parties like regulators or investors. Although it could be requested by financial institutions as part of your financial projections on a bank loan application.
In relation to unit pricing and profit, the formula takes both fixed and variable costs into consideration. No matter how many units of a good or service are sold, fixed expenses stay the same. Examples of fixed expenditures include mortgage or rent for a facility, expenses for equipment, salaries, and interest on debt.
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Quetion Six: The following account appear in the ledger of Alico Corporation after the book are cloed at December 31, 2019. Common Stock, $2 par value, 700,000 hare authorized, 400,000 hare iued …………………………………………………………………………$800,000 Paid-in Capital in Exce of Par Value—Common Stock …………………. 650,000 Preferred Stock, $100 par value, 8%, 10,000 hare authorized; 2,000 hare iued …………………………………………………………………………. 200,000 Retained Earning ……………………………………………………………. 900,000 Treaury Stock (10,000 common hare) ………………………………………85,000 Paid-in Capital in Exce of Par Value—Preferred Stock ……………………. 310,000 Required: Prepare the tockholder' equity ection at December 31, 2019
Assets = Liabilities + Stockholders' Equity is the formula for a balance sheet. The shareholders' equity formula is as follows: paid-in capital plus retained earnings minus treasury stock. Stock and cash dividends are not included in the financial statements.
The shareholders’ equity portion of the balance sheet reports the worth of the stockholders. Divided into two components, paid-in capital (stockholder investments) and retained earnings (profits generated by the corporation.)
The first five accounts listed above add up to the total paid-in capital, which includes the Preferred Stock account, the Common Stock account, the Paid-in Capital in Excess of Par account, the Paid-in Capital from the Sale of Treasury Stock account, and the Paid-in Capital from Excess of Par account.
All issued shares are considered common stock, even those that have been repurchased by the company. The value of shareholders should not include treasury stock because it is not held by individual investors. Stockholders' equity is calculated by taking the value of issued shares less the value of shares held in treasury.
Therefore, Stockholder Equity Section = (Common Stock + Paid-in Capital in Excess of Par Value—Common Stock + Preferred Stock + Retained Earning + Paid-in Capital in Excess of Par Value—Preferred Stock) - Treasury Stock
Stockholder Equity = 800,000$ + 650,000$ + 200,000$ + 900,000$ + 310,000$ - 85,000$ = 2,775,000$
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The right question is:
Question Six: The following account appeared in the ledger of Alico Corporation after the book are closed on December 31, 2019. Common Stock, $2 par value, 700,000 shares authorized, 400,000 shares issued …………………………………………………………….......................................……………$800,000
Paid-in Capital in Excess of Par Value—Common Stock ……...............650,000
Preferred Stock, $100 par value, 8%, 10,000 shares authorized; 2,000 shares issued ………………………………………………………............…………………. 200,000 Retained Earning ………………………………….....................…………………………. 900,000
Treasury Stock (10,000 common shares) ……………………………………......…85,000 Paid-in Capital in Excess of Par Value—Preferred Stock …………..........310,000
Required: Prepare the stockholder's equity section on December 31, 2019
What are decidable and undecidable problems?
A conundrum of decision If the language L of all instances of yes to P is not decidable, then P is not solvable.
What do you mean by a decidable problem?A conundrum of decision If the language L of all instances of yes to P is not decidable, then P is not solvable. A language that cannot be decided upon may yet be partially decided upon. A Turing machine wouldn't exist for a language if it wasn't even partially decidable, so let's assume that is the case.a judgement issue that can be resolved in a limited number of steps by an algorithm that halts on all inputs. A language that can be decided upon is the one linked with it. Also referred to as an algorithmically solvable issue, recursively solvable problem, and completely decidable problem.To learn more about decidable problem refer to:
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Block trading today has been displaced to a great extent by _________ which are trading systems in which participants can buy or sell large blocks of securities without showing their hand.
To conceal the true size, block trades are typically divided into smaller orders and conducted through various brokers. Block transactions can be conducted through a private purchasing agreement away from the public market.
A block trade is a large-scale transaction in a security that is privately arranged and carried out outside of that instrument's open market. Major broker-dealers frequently provide their institutional clients "block trading" services, also referred to as "upstairs trading desks." An extensive transaction involving more than 10,000 shares of stock or $200,000 worth of bonds is referred to as a block trade purchasing. The majority of block trades are considerably larger and involve shares valued at millions of dollars.
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Fear of diabetes, high blood pressure, and heart disease have prompted many Baby Boomers to develop healthy eating habits. As a result, they are willing to pay more for healthier food options, such as grass-fed beef. In the past, grass-fed beef has not been widely available. According to the law of supply and demand, what is the most likely outcome from this social change in the business environment? Supply will fall until the equilibrium price is met. Supply will remain the same because suppliers of grass-fed beef are able to make higher profit on the same number of cows. The price will increase until the equilibrium price is met. Supply will increase because higher prices make it more attractive for farmers to supply grass-fed beef. Supply will increase until supply meets demand at the equilibrium price.
The correct option is C. According to the law of supply and demand, what is the most likely outcome from this social change in the business environment is Supply will increase until supply meets demand at the equilibrium price.
Surroundings may be described as a sum total of all of the residing and non-residing elements and their consequences that affect human lifestyles. even as all residing or biotic elements are animals, plants, forests, fisheries, and birds, non-living or abiotic factors include water, land, daylight, rocks, and air.
Human fitness and properly-being are in detail related to the kingdom of the environment. appropriate first-rate herbal environments provide basic needs, in terms of easy air and water, fertile land for meal manufacturing, and energy and cloth inputs for production.
The ecosystem, lithosphere, and hydrosphere represent the physical category, and the biological category incorporates human beings and other residing beings. In easy phrases, the surroundings are described because of the aggregate and interrelation among all biotic and abiotic additives.
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On August 5, 2021, Wildhorse Furniture shipped 50 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining set was $440 each. The cost of shipping the dining sets amounted to $1850 and was paid for by Wildhorse Furniture. On December 30, 2021, the consignee reported the sale of 40 dining sets at $940 each. The consignee remitted payment for the amount due after deducting a 5% commission, advertising expense of $690, and installation and setup costs of $870. The total profit on units sold for the consignor is
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What are the benefits of growing organic vegetables?
Organic vegetable gardening is a great way to ensure that you are eating healthy and nutritious food which is free of harmful chemicals and additives. Organic vegetable gardening also helps us to protect the environment by avoiding the use of synthetic fertilizers and pesticides that can harm the soil, air and water.
Additionally, organic vegetable gardening can be a great way to save money because organic produce usually costs less than non-organic produce. Finally, organic vegetable gardening can be a great way to get outside and enjoy the beauty of nature while engaging in an activity that has many health benefits.
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Liability on a negotiable instrument that is imposed on a party only when the party primarily liable on the instrument defaults and fails to pay the instrument when due is referred to as
Secondary obligation Only when the party that is largely responsible for the instrument defaults and doesn't pay it. The instrument by the due date is liability on a negotiable instrument imposed on a party.
Incompetent endorsers. Every prior party to a negotiable instrument has a liability to the holder in due course up until the instrument is properly satisfied. The maker or drawer, the acceptor, and all intervening endorsers are considered the preceding pay. Additionally, their responsibility to a holder in good faith is joint and many. A signature is a crucial component of responsibility on a negotiable instrument. Knowing whose duty the document represents is the principle behind a signature requirement.
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A determination of cost savings obtained by outsourcing cafeteria services is most likely to be an objective of:
a. Environmental auditing.
b. Financial auditing.
c. Compliance auditing.
d. Operational auditing.
An operational audit is the most likely target for determining the cost savings obtained by outsourcing cafeteria services. An operational audit is a systematic, independent and documented process of obtaining evidence and objectively evaluating it to determine the extent to which an organization's operations are effective, efficient and satisfactory.
In the context of outsourcing cafeteria services, an operational audit would include a review of the costs associated with outsourcing services, the quality of services provided, and the overall impact of outsourcing on the organization. Ultimately, the goal of an operational audit is to determine whether the cost savings gained by outsourcing cafeteria services justify the move.
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Which of the following determines the size and rate of growth of the money supply?
O Open markets
O Monetary policy
Grievance procedure
O Unionization
Any open-market operation is when the central banking authority buys and sells securities, occasionally also commercial paper, with the goal of continuously controlling the money supply and credit conditions.
Does the open market generate more money?The Federal Reserve engages in open market activities, which involve purchasing and selling of government bonds. When the Federal Reserve purchases a bond from a bank, that bank gains access to funds that it can use to make loans. There will be more money available. A purchase made on the free market contributes to the economy.
How do open market operations reduce the amount of money available?To purchase or sell securities to banks, the Fed uses open market operations. The Fed gives banks additional money to hold as collateral when it purchases securities, which
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What is the process of deciding which goods and services will be purchased or provided so that the most satisfaction can be obtained?
The concept mentioned is Economizing. It means trying to save money by reducing the amount that you are spending.
The process of deciding which goods and services to buy or to get the most satisfaction is called Economizing. You must maximize the value of your wealth.
Caring for the environment means you stop complaining about what you don't have and start making the most of what you have. Savings are a huge benefit as people think about where they can save on costs and most unnecessary expenses are eliminated in a way they wouldn't otherwise have.
So as you make decisions, you can see how it helps people sort through the mess that has been created everywhere in front of them. Resource conservation means using resources in such a way that the maximum return per unit of use is achieved.
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True or false: Over 70% of business employees trust their senior management and believe that their company leaders act with honesty and integrity. True false question. True False
Over 70% of business employees trust their senior management and believe that their company leaders act with honesty and integrity. This statement is false.
Only 36% of workers think their company's executives behave honestly and morally.Simply put, having a leadership style entails giving people direction, carrying out plans, and inspiring others. Setting the bar high while inspiring others is how I lead.
Being honest gives one security and assurance. Honesty regarding one's morals and values is a sign of integrity. Therefore, it is safe to trust such a person.
Poor communication is typically a result of management issues. Orders are misunderstood, which leads to serious errors. The fundamental issue with communication is that what is actually understood might not be what the other person was trying to say.
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An electronics firm produces two models of pocket calculators: the A-100 (A), which is an inexpensive four-function calculator, and the B-200 (B), which also features square root and percent functions. Each model uses one (the same) circuit board, of which there are only 2,500 available for this week's production. Also, the company has allocated a maximum of 800 hours of assembly time this week for producing these calculators, of which the A-100 requires 15 minutes (.25 hours) each, and the B-200 requires 30 minutes (.5 hours) each to produce. The firm forecasts that it could sell a maximum of 4,000 A-100s this week and a maximum of 1,000 B-200s. Profits for the A-100 are $1.00 each, and profits for the B-200 are $4.00 each.
What are optimal weekly profits?
Which resource is slack (not fully used)?
Answer:
okay so all im seeing is $1.00 A + $4.00 B = Z or .25 A + .5 B ≤ 800 but. im so sorry if i was wrong i just get notifications for whenever someone needs help.
Explanation:
im really sorry if its wrong
The ideal return is $5200. Circuit Board is underutilized, making it a slack resource. (2200 of the available 2500) The ideal return is $5200.
What are Optimal Profits ?The price at which a seller can maximize their pricing while still making the most profit is known as the optimal price. The aim is to make as much money as possible.
Max Z, an objective function, equals 1A + 4B.
Here, A and B represent the weekly production targets for units of A100 and B200, respectively.
Each unit of A generates $1, but each unit of B generates $4 in profit.
be created correspondingly each week.
Where each unit of A generates $1 in profit and each unit of B generates $4 in profit.
With restrictions:
Subject to contraints:
A + B \leq 2500 (Total circuit board available)
0.25A + 0.5B \leq 800 (Total available hours of production)
A \leq 4000 (Maximum Model A that can be sold)
B \leq 1000 (Maximum Model B that can be sold)A + B \leq 2500 (Total circuit board available)
0.25A + 0.5B \leq 800 (Total available hours of production)
A \leq 4000 (Maximum Model A that can be sold)
B \leq 1000 (Maximum Model B that can be sold
Both A & B are non negative and integers The Objective is the maximize the profit.
Objective function: Max Z = 1A + 4Here A and B are the number of units of A100 & B200 to
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When a seller receives an offer on his or her property, what action would free him or her to consider other offers and also frees the buyer to consider other properties or to make another offer on the same property
The seller can accept the offer, reject the offer, or counter the offer. Accepting the offer means that the seller agrees to all of the terms of the offer and the sale is complete.
Rejecting the offer means that the seller does not agree to the terms of the offer and the sale is terminated. If the seller wishes to negotiate with the buyer, he/she can counter the offer.
A counteroffer modifies some terms of the original offer, such as the purchase price, and allows both the seller and the buyer to further negotiate. This action frees the seller to consider other offers and also frees the buyer to consider other properties or to make another offer on the same property.
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What is the ratio of purple flowers to white flowers ?: 1?
Purple flowers to white blossoms are split in a ratio of 3:1.
The alpha factor (), which is the ratio of a transistor's collector and emitter currents, is always less than one (between 0.5 and 1). Current gain (= Ic/Ib), often known as the ratio of its collector and base currents, is always larger than 1. An alternate formula for calculating the factor is = /(+1) = 0.996/ 0.992=1 = /(+1).=1/1+1=1/2=0.5. A proportion also exists when two ratios are equivalent. A ratio in mathematics displays how often one number occurs in another. In a fruit plate, for instance, the ratio of oranges to lemons would be eight to six . This demonstrates that the tweet is being criticized and that some people believe its content to be inappropriate
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Machine X has an initial cost of $12,000 and annual maintenance of $700 per year. It has a useful life of four years and no salvage value at the end of that time. Machine Y costs $22,000 initially and has no maintenance costs during the first year. Maintenance is $200 at the end of the second year and increases by $200 per year thereafter. Machine Y has a useful life of eight years and an anticipated salvage value of $5,000 at the end of its useful life. If the MARR is 6%, what is the approximate Net Present Worth (NPW) of machine X
The approximate Net Present Value of the Machine X for the above conditions will be -$14,425.5.
The computation of the NPV, or the Net Present Value of the Machine X will be done with the help of the provided information and using them into the generalized formula. The methods have been shown below.
NPV of Machine X = Opening Cost + Annual Costs (Principal/Annuity, interest, period)
NPV of Machine X = -12000 - 700(p/a,6%,4)
NPV of Machine X= -12000 – 2425.5
NPV of Machine X = -14,425.5
Therefore, the Net Present Value, or the NPV, of Machine X is -$14,425.5.
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1. When disposable income increases by $X, (A) consumption increases by more than $X. (B) saving increases by less than $X. (C) saving increases by exactly $X. (D) saving remains constant. (E) saving decreases by more than $X.
The correct response is B. saving increases by less than $X. Savings increase by a factor of the MPS for every $1 increase in DI, whereas spending increases by a factor of the MPC.
Consumption and saving grow less than the increase in DI since MPC and MPS both indicate the portion of new income that is consumed and saved, respectively. One of the three mutual protection organizations in the UK for health care, dental, and medical professions is the Medical Protection Society (MPS). (Dentists are protected by the company's subsidiary Dental Protection.) More than 300,000 members worldwide are supported and protected in their professional interests by it (including the United Kingdom, Ireland, Malaysia, Singapore, Hong Kong, South Africa, New Zealand plus the Caribbean and Bermuda). Access to indemnity, professional counsel, and peace of mind are available to MPS members. The great variety of legal and ethical issues that arise from professional practice are assisted by the in-house experts at MPS. Clinical negligence lawsuits, grievances, inquiries by the medical and dental councils, moral and legal conundrums, disciplinary actions, inquests, and fatal accident investigations fall under this category.
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Just before you reach a corner and turn, you should reduce your speed to what?
5 MPH
8 MPH
15 MPH
25 MPH
Answer:
you should reduce your speed to 15 MPH
1) Scenario: Company A and Company B are considering whether to spend a certain sum of money to advertise their new range of products. If Company A chooses to advertise while Company B does not, Company A's annual sales will increase by $5 million while Company B's sales will remain unchanged. If Company B chooses to advertise while Company A does not, Company B's annual sales will increase by $5 million while Company A will not experience any change in its sales. If both the companies decide to advertise, their sales will increase sales by $2 million each and if none of them spends on advertisement, their sales will remain unchanged.
Refer to the scenario above. If the cost of advertising is negligible, what will the outcome of this game be?
A. Company B will advertise while Company A will not advertise.
B. Company A will advertise its products while Company B will not advertise.
C. Neither of the companies will advertise its products.
D. Both the companies will advertise their products.
2) A payoff matrix shows ________.
A. the payment made to each factor of production for the production of a good
B. the various combinations of inputs required to produce a good
C. the return from each action that players can take in a game
D. the different combinations of two goods that can be bought with a given income
Answer: 1. D. Both the companies will advertise their products.
2. C. the return from each action that players can take in a game.
Explanation:
1. It should be noted that in a situation whereby the cost of the advertising is negligible, the outcome of this game will be that the companies will both advertise their products. By doing this, both of the companies will b better off as there'll be an increase in sales. Therefore, the correct option is D.
2. The payoff matrix is used to show the possible outcome that'll be made by an economic entity when a strategic decision is made by the individual or firm. It shows the return from each action that the players can take in a game. Therefore, the correct option is C.
How do you get a 750 credit score to 800?
An individual's creditworthiness is shown by their credit score, which is a numerical expression based on a level analysis of their credit files.
How to get a 750 credit score to 800?
Always pay your bills on time. Paying your invoices on time is possibly the finest approach to demonstrate to lenders that you are a reliable borrower.Maintain Low Credit Card Balances.Pay attention to your credit history.Boost the mix of your credit.Take a look at your credit reportsA credit report, which normally include data from credit bureaus, serves as the foundation for a credit score.Although ranges vary based on the credit scoring methodology, generally speaking, credit scores between 580 and 669 are regarded fair, 670 to 739 are considered good, 740 to 799 are considered very good, and 800 and higher are considered exceptional.To know more about Credit Score here
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Faye sometimes borrows money from her broker to buy her stock. She is buying a. A call option b. A direct investment c. On margin d. A put option e. A short sale
Faye sometimes borrows money from her broker in order to buy her stock. She is said to be buying on margin.
Margin tends to refer to the amount of the equity which an investor has in their own brokerage account. So, in order "to margin" or "buying on margin" refers to the use of the money which are being borrowed from a broker in order to purchase securities.
However, to do so you must have a margin account, rather than a standard brokerage account. So, here Faye sometimes borrows money on margin from her broker in order to purchase her stock.
Hence, option C is correct.
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Which of the following is not a reason for the existence of a monopoly?
a. Sole ownership of a key resource
b. Patents
c. Copyrights
d. Diseconomies of scale
Diseconomies of scale is not a reason for the existence of a monopoly. The phenomenon known as diseconomies of scale occurs when a company experiences rising marginal costs per additional unit of output.
Option D is correct.
What Are Scale Diseconomies?When a company or business expands to such an extent that the costs per unit rise, this is known as a diseconomy of scale. It occurs when a company no longer benefits from economies of scale. Diseconomies of scale are cost disadvantages incurred by economic actors when an organization's size or output increases, resulting in higher per-unit costs for goods and services. Diseconomies of scale are the antithesis of economies of scale.
Monopoly existence :In a game of Monopoly, there is only one seller on the market. The monopoly situation is viewed as the complete opposite of perfect competition in conventional economic analysis. The industry demand curve that faces the monopolist is, by definition, sloping downward.
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Suppose a market basket consists of the following goods: 50 pens, 25 notepads, and 25 paperclips. Also assume that the unit prices of these goods are as follows for the years noted and that 2018 is the base year. What is the value of the price index in 2019
The value of the price index in 2019 is 111.
What is cost record and how is it calculated?
The Customer Cost Record (CPI) measures the month to month alter in costs paid by U.S. customers. The Bureau of Labor Insights (BLS) calculates the CPI as a weighted normal of costs for a wicker container of products and administrations agent of total U.S. customer investing.
CPI = Expenditure ins Current Years / Expenditure in Base year
= 50X 0.30 + 25 x 0.25 + 25x0.15 x100 / 50 x 0.25 + 25 x 0.30 + 25 x0.10
=25X 100/22. 5
=111.11%
Hence, rate of inflation = (111.11-100)%
=11.11%
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