The final payment of the debt $5000, if the interest rate 10% p.a. is compounded semi-annually is $17963.20.
How to calculate compound interest semi-annually?To calculate investments or debts with compound interests you're going to need the following formula:
A = P(1+r/100) ^ (nt)
where:
A is the value of the debt after t years,
R is the annual interest rate,
n is the number of times the debt is going to be compounded annually,
P is the principal amount being owed.
E.g. in the question:
P = $5000, R = 10% p.a., n = 2 for interest being compounded semi-annually,
Therefore, for first 2 years,
A = $5000(1+10/100) ^ (2*2) = $7320.5
But $2000 have to be paid, so A = $7320.5 - $2000 = $5320.5
For next 3 years,
A = $5320.5(1+10/100) ^ (2*3) = $9425.59
But $2500 have to be paid, so A = $9425.59 - $2500 = $6925.59
For next 5 years,
A = $6925.59(1+10/100) ^ (2*5) = $17963.20.
Since nothing has to be paid after this, final payment A = $17963.20.
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what does the mortage lender most often rely on when deciding how much is safe to lend on a parcel of real estate
Mortage lender prepare appraisal report most often rely on when deciding how much is safe to lend on a parcel of real estate.
What Is an Appraisal Report?An appraisal report is a thorough document that describes a property's value in relation to its calibre, state, location, and market circumstances. This impartial report is created by a real estate appraiser following a thorough inspection of the property.The standards for appraisal reports are outlined in the Uniform Standards of Professional Appraisal Practice and can be delivered in one of three textual formats: self-contained reports, summary reports, or restricted-use reports.In general, mortgage lenders will ask for an appraisal to get a thorough picture of the property based on its general state, neighbourhood conformance, and market worth. The appraisal report is used to support the lender's decision to make a loan.Learn more about Appraisal Report refer to :
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type of leadership driven by authority; tells others what to do, limits discussions, new ideas and group teamwork
The concept here is Leadership, it is the action of leading a group of people or an organization. The answer is, autocratic.
Leadership, both as a field of research and as a practical skill, encompasses the ability of an individual, group, or organization to "lead", influence, or direct another person, team, or the entire organization.
Leadership is important because it inspires, motivates, and leads people by example to bring about positive change in the world. Leaders define a vision, present a plan of action, and build strong relationships with their followers.
The autocratic leadership style is an example of a situation where the leader dictates rules and procedures, sets goals to be achieved, and directs and controls all activities without significant involvement from subordinates. The leader has full control of the team and allows little autonomy within the group.
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What should managers know about communication in the workplace?
Multiple Choice
Recent college graduates frequently overestimate their oral and written communication skills.
Messages being understood accurately are a sign of efficient communication.
Complex and dynamic situations are best handled via lean medium.
Strong emotional reactions improve our ability to encode and decode messages.
Effective communication is demonstrated by messages that are clearly understood, which is something managers should be aware of when it comes to workplace communication.
Workplace communication refers to the method of communicating knowledge and concepts between individuals or groups inside an organisation, both orally and nonverbally. Emails, calls, notes, video conferences, text messages, and more are all included. The ability to effectively communicate is essential for completing tasks, fostering trust, and boosting output. One indicator of a greater culture in the workplace is communication. Workplace communication is the process of transferring ideas and data inside an organisation.
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when filling out a w-4 form, in what situation would a teen want to claim exemption from federal income taxes being withheld from their paycheck?
The employee must not have had any tax obligations in the previous year and not anticipate any in the current one.
What is an income tax?A tax on income is one that is levied against people or organizations based on their earnings.
Tax rates and taxable income are often multiplied to calculate income tax. Different taxpayer types and income types may have different tax rates. tax on personal income that is levied against both businesses and individuals (or family units).
The basis for calculating individual income tax is received income. Because the burden supposedly falls on the people who pay it, it is typically categorized as a direct tax.
As an illustration, $100 in income taxes must be deducted from your paycheck at the time you earn $1,000 in a state where there is a flat income tax rate of 10%.
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colleen babson is a key executive with fund financial inc., a publicly held corporation. colleen currently pays the premium for her own life insurance coverage of $750,000. fund financial is willing to cover the costs of providing life insurance coverage for colleen. in addition, the company would like to be able to maximize its deductions for the cost of coverage. colleen, for her part, wants no out-of-pocket costs. which one of these plans meets the needs of colleen and her company?
The financial statements comprise the NASD, the Nasdaq Stock Market, Inc. (NASDAQ), and their combined subsidiaries.
How is the stock market performing right now?
A stock market, also known as an equity market or share market, is a gathering of people who trade in stocks, also known as shares, which represent ownership stakes in corporations. Securities that can be listed on a public stock exchange or only traded privately include shares of private enterprises that are offered to investors through equity crowdfunding platforms. Utilizing an investing plan is typically part of the investment process.
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why might a health savings account (hsa) be particularly attractive as part of a retirement plan? eligible taxpayers who remain in good health can see their contributions grow tax-free year over year. distributions made for eligible medical expenses are never taxed, an attractive benefit for older taxpayers. depending on the trustee, account holders may be able to invest a portion of their hsa account balance in mutual funds and other instruments. all of these are reasons an hsa might be an attractive option in a retirement plan.
By making pre-tax contributions, deferring income taxes, and using tax-free withdrawals for qualified medical expenses now or in retirement, an HSA allows you to reduce your tax liability in three different ways. This suggests that any funds withdrawn from an HSA to pay for qualified medical costs are tax-free.
Positive contributions entail what?
Beneficial contributions are just intentional actions that benefit your company. In this case, the word "intentional" could be quite important. There are several ways for workers at all levels to fulfil a company's needs while putting little effort into it. He received credit for his time and financial investment. He had a big impact on the conversation. He made a substantial contribution to the city's development in his capacity as mayor. Contribution investigates
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monique is a developer working on a new event center for the city. who does she need to approve the site plans?
The city planning board will need to approve Monique's site plan.
What type of agency allows the broker to appoint a specific licensee to work with a client?The term "designated agency" in real estate refers to a particular agent who has been assigned by their brokerage to represent a party in the transaction. Typically, a single agent from that company is already working with the buyer or seller.
Which of the following transaction records must a sponsoring broker retain according to Illinois license law?The sponsoring broker must make sure that all transaction records involving any current or pending transaction or representation, or any transaction in which escrow funds or money belonging to others were received but not yet disbursed, are kept in the office or location where the transaction occurred for the most recent two years.
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book sale a library is having a book sale to raise money. hardcover books costs $4 each and paperback books cost $2 each. a person spends $26 for 8 books. how many hardcover books did she purchase?
book auction A book sale is being held by a library to earn money. Paperback books are $2 apiece, while hardback books are $4 each. An individual spends $26 on 8 books. She bought five hardback volumes.
A sale is an agreement between a buyer and a seller in which the seller exchanges money for the sale of physical or intangible products, assets, or services. There are two or more parties involved in a sale. A sale, or a contract between two or more parties, such as the buyer and seller, can be thought of in larger terms. The conditions that a buyer and seller agree upon are referred to as the terms of sale. They are just as crucial for local sales as they are for exporting. The goal of the terms of sale is to establish consistent expectations between buyers and sellers.
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on november 1, alan company signed a 120-day, 10% note payable, with a face value of $45,000. alan made a december 31 year-end accrual for interest earned. what is the journal entry as of march 1 to record the payment of the note? (use 360 days a year.)
Debit Cash $46,500; Credit Notes Payable $45,000; Debit Interest Payable $750; Debit Interest Expense $750.
Note Payable: What is it?A company's debts to its financiers, including banks and other financial institutions as well as alternative funding sources like friends and family, are represented through long-term obligations known as notes payable. They are seen as long-term since they come due after a year, even though they are usually paid off in five years.
The amount owed to partners, affiliates, or other third parties is listed in a note payable journal entry along with the interest rate and due date. Both current and long-term notes payable are available.
The accrual basis requires that accounting expenses be recorded when they are incurred. For the latter two months of the year, interest expenses must therefore be documented. The interest shall be accounted for as a payment until payment at maturity. The balance of interest shall be noted in the year of maturity of the Note.
$45,000 X 10% X 60/360= $750 (interest)
60 Days of interest= From January 1 to February 28: the remaining 60 days of interest for the period from November 1 to December 31.
$45,000 principal + $750 interest accrued prior to year end + $750 interest expense in year of maturity= $46,500
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item12 1.17 points askprintreferencesitem 12 paula and carlo are coworkers. their production possibilities frontiers for counseling clients and writing memos are given below. identify which worker has an absolute advantage and comparative advantage in counseling clients. analysis individual a. absolute advantage in counseling clients paula b. comparative advantage in counseling clients carlo identify which worker has an absolute advantage and comparative advantage in writing memos. analysis individual c. absolute advantage in writing memos paula d. comparative advantage in writing memos paula
The answer is option a. absolute advantage in counseling clients Paula.
What distinguishes an example of absolute and comparative advantage?A nation has an absolute advantage if it can manufacture a vast number of items with the same resources that are available to another nation, whereas a nation has a comparative advantage if it can produce a specific good with better quality at a cheaper cost than another nation.
Which scenario best illustrates absolute advantage?Italy, for instance, is said to have an absolute advantage in that particular business if Italy can build sports cars of a higher quality, more quickly, and with larger profit than Japan can.
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Which product would be considered part of the business-to-business market? Multiple Choice classes at a university for a college freshman O pens and pencils for that student O books for the class members O a computer for the instructor to use while teaching the class
A computer for the instructor to use while teaching the class is considered as a product which is a part of the business-to-business market.
There are the services or an object which both tend to qualify as the products. So, here the advertising, industry, the excellence, and the group which is being targeted all tend to influence the cost which can be offered in the market.
However, for instance, a computer for the instructor so that it is used while teaching the class, which is considered as a product. In the economy, when two businesses transact business with one another, this is then referred to as business-to-business.
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suppose the prevailing price is p1 and the firm is currently producing its loss-minimizing quantity. identify the area that represents the loss. a. p2 d e p1 b. p3 cb p1 c. p3 c a p0 d. 0 p1 b q1
suppose the prevailing price is p1 and the firm is currently producing its loss-minimizing quantity then the area that represents the loss will be (P3-P1_Q1
Hence, option (A) is correct choice.
Because competing businesses urge them to accept the market's current equilibrium price, a perfectly competitive firm is referred to as a price taker. A company will lose all of its sales to rivals if it increases the price of its product by even a cent in a highly competitive market.
Prevailing Interest Rate is the current interest rate benchmark that banks are ready to accept to retain deposits for a given amount of time, as determined by a third-party organization, and is chosen by the state treasurer.
In that at the moment where market price = MC, a perfectly competitive company produces its quantity to maximize profits or minimize losses.
Therefore, loss minimizing quantity is Q1.
At that quantity,
Total revenue = P1Q1 and ATC = P3.
Therefore, Total cost = ATC * quantity = P3Q1
Area of Loss = TC - TR = P3Q1 - P1Q1 = (P3 - P1)Q1.
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The correct option should be:
[tex]a. $\left(P_3-P_1\right) Q_1$b. $\left(P_2-P_0\right) Q_0$c. $\left(P_2-P_1\right) Q_2$d. $\left(P_2-P_1\right) Q_1$[/tex]
find the price that will maximize profit for the demand and cost functions, where p is the price, x is the number of units, and c is the cost.
Answer:
marginal revenue must equal marginal cost. This means we need to find C'(x) (marginal cost) and we need the Revenue function and its derivative, R'(x) (marginal revenue)
the stonegate company uses the allowance method of recording credit losses and wrote off a customer's account in the amount of $800. later, the customer paid the account. the company reinstated the account by means of a journal entry and then recorded the collection. what is the result of these procedures? increases total assets by $800 decreases total assets by $800 decreases total assets by $1,600 has no effect on total assets
the stonegate company uses the allowance method of recording credit losses and the result of these procedures increases total assets by $800 decreases total assets by $800
A corporation is a group of individuals with a common goal who may be either natural, legal, or a combination of the two. The term "corporation" is also commonly abbreviated as "co." The company's crew works together toward clearly defined goals with a common purpose. Companies come in a variety employee of shapes, including:Financially motivated volunteer organizations, such as for-profit companies, banks, political campaigns, or educational institutionsAs long as all of its members abide by the terms of the publicly declared incorporation or published policy, a business can become legally recognized as a separate entity with limited liability through incorporation.
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At a large corporation, the distribution of years of employment for the employees has mean 20.6 years and standard deviation 5.3 years. A random sample of 100 employees was selected and surveyed about employee satisfaction. The sample of employees had a mean 20.3 years and standard deviation 6.1 years.
Yes. The sampling distribution's mean age is 20.6 years.
What does standard deviation mean in this context?The standard deviation is a statistic that expresses how much variance or dispersion there is in a group of numbers. While a high standard deviation suggests that the values are dispersed throughout a wider range, a low standard deviation suggests that the values tend to be close to the established mean. The square root of the variance is used to calculate the standard deviation, a statistic that expresses how widely distributed a dataset is in relation to its mean.
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P18 What happens to the equilibrium price and quantity of ice cream in response to each of the following
The equilibrium quantity will fall and price rise in cow feed case. The equilibrium remains same in case of beef. The equlibrium price and quantity falls in case of ice-cream.
Explain the effect of each of the mentioned in the question.a. Dairy cow feed is taken into consideration when making ice cream. The supply of ice cream is likely to decrease if the cost of an input, dairy cow feed, rises. As a result, the ice cream supply curve will move to the left and the equilibrium quantity will decrease as prices rise.
b. The equilibrium price and quantity won't change if the price of beef lowers. This is so because beef is neither an ingredient nor a replacement for or addition to ice cream.
c. If there is a simultaneous impact on the ice cream market, then the demand for ice cream will decrease if consumers decide not to buy it due to concerns about the high fat content. The supply curve will shift to the left if the price of sugar, an ingredient used in the making of ice cream, increases because producers won't be using it. Therefore, the equilibrium price and quantity will decrease as both the supply and the demand decline.
The complete question is:
What happens to the equilibrium price and quantity of ice cream in response to each of the following? Explain your answers.
a. The price of dairy cow fodder increases.
b The price of beef decreases.
c. Concerns arise about the high fat content of ice cream. Simultaneously, the price of sugar (used to produce ice cream) increases.
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which statements regarding registration of a security in a state are false? i registration is effective for a time period of 1 year ii once registration is declared effective in a state, it is effective in any other state in which a registration statement is filed iii a registration statement can be filed in a state by a person other than an issuer iv to maintain registration in a state quarterly and annual financial statements must be filed with the administrator
A registration statement is effective for one year from its effective date. A registration statement may be filed by the issuer, a registered broker-dealer, or any other person on whose behalf the offering is to be made. The other statements are not true.
What is an S-1 registration statement?Domestic issuers must submit Form S-1, a registration statement, to the Securities and Exchange Commission (SEC), in order to publicly offer new securities. In other words, issuers submit S-1 forms for fresh security offerings that follow IPOs.
Additionally, no communications may be made that go beyond the prospectus's above-described elements. Last but not least, the quiet period is the 30-day interval that follows the effective date of a registration statement.
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jeffrey pfeffer and robert sutton believed that evidence-based management is founded on the belief that facing the hard facts about what works and accepting the nonsense that passes for sound advice will help organizations perform better. jeffrey pfeffer and robert sutton believed that evidence-based management is founded on the belief that facing the hard facts about what works and accepting the nonsense that passes for sound advice will help organizations perform better. false true
Evidence-based management is founded on the idea that "face the harsh realities as to what works and what doesn't grasping the harmful quarter that constitute so much," as stated by Jeffrey Pfeffer & Robert Sutton.
What does management mean?The process of completing the labour or task necessary for accomplishing an organization's goals in an effective and efficient way is referred to as management. The management functions are implied by the process. Planning, organising, staffing, directing, and managing are therefore involved.
Why is management so crucial?Any organisation needs managers to accomplish its objectives. They serve as the foundation of any business and are responsible for making sure everything works properly. The accomplishment or failure of a company
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TRUE/FALSE. Additionally, as the price level falls, the impact on the domestic interest rate will cause the real value of the dollar to FALL in foreign exchange markets. The number of domestic products purchased by foreigners (exports) will therefore RISE, and the number of foreign products purchased by domestic consumers and firms (imports) will FALL. Net exports will therefore RISE, causing the quantity of domestic output demanded to RISE. This phenomenon is known as the EXCHANGE RATE effect.
This phenomenon is known as the Exchange rate effect.
The statement is True.
Exports will cost more and imports will cost less in the goods market if there is a positive shock to the domestic currency's exchange rate (an unexpected appreciation). Due to competition from foreign markets, domestic demand for goods will decline, resulting in a decrease in output and price.This paper focuses on a framework for accounting that helps to distinguish between the effects of four different factors on exchange rates: relative price levels, balances of payments, interest rates, and risk.Prices of exchange: Net exports will decline and overall spending will decrease at all prices when a country's exchange rate rises. AD will therefore become less prevalent.To know more about exchange rate effect here-
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There may be several parts to each learning objective. Group startsTrue or FalseTrue, unselectedFalse, selected: T/F
Each learning aim may have several components, and this is true.
During a SmartBook assignment attempt, can the SmartBook recharge mode be used at any time?
Any moment throughout a SmartBook assignment attempt, the user has access to the SmartBook recharge mode. When creating journal entries, the account titles are either typed in or chosen from a dropdown menu (if one is provided). You can begin your active learning experience with SmartBook 2.0 by reading or by diving straight in and starting to answer questions. The text's initial highlights for you highlight the sections that are the most crucial. By using the 'Concepts' (forward and back) arrows, you can move through the highlights.
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the company has an opportunity to sell 20,000 additional units at $12 per unit. the additional sales would not affect its current expected sales. direct materials and labor costs per unit would be the same for the additional units as they are for the regular units. however, the additional volume would create the following incremental costs: (1) total overhead would increase by 16% and (2) administrative expenses would increase by $86,000. calculate the combined total net income if the company accepts the offer to sell additional units at the reduced price of $12 per unit. should the company accept or reject the offer?
Standard Volume Total Sales Plus Additional Volume: 3000000 240000 3240000 Costs and outlays: Direct resources 400000 40000
How much inspiratory volume is typical?A typical adult's inspiratory capacity is around 3 liters, or 3,000 mL. What do inspiratory and expiratory capacities mean? The much air you can breathe in following a typical exhalation is known as your inhalator capacity. Your vigorous exhalation rate is referred to as your expiratory capacity.
How much lung capacity is considered normal?The amount of air in the lungs at maximum inspiration effort is known as lung capacity (sometimes known as total lung capacity, or TLC). The typical lung volume in healthy persons is around 6 liters. The various ranges of lung capacity among people are influenced by age, gender, body composition, and ethnicity.
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which of the following lends support to the capture theory of regulation? group of answer choices persons who have been in the industry will be asked to help regulate the industry. all of the above there will be more people from the regulated industry at a regulatory hearing than people from the general public. it is in the best interest of an industry that is being regulated to have its personnel develop social relationships with members of the regulatory agency.
It is in best interest of an industry that is being regulated to have its personnel lends support to capture theory of regulation.
What is regulation?Regulation, which follows a set of laws and trends, is used to govern complex systems. According to systems theory, these kinds of principles exist in a number of domains of biology and society. The phrase has slightly different connotations depending on context. Contractual responsibilities, social norms, self-regulation in psychology, co-regulation, third-party regulation, certification, accreditation, and market regulation are just a few examples of the many different ways that regulation in the social, political, psychological, and economic spheres can be implemented. State-mandated regulation occurs when the government intervenes in the market for goods and services in an effort to enact regulations and produce outcomes that would not be possible in the absence of those regulations, such as consumer protection, accelerated economic growth, or technological innovation. The authority to enforce regulatory decisions ought to be a component of regulatory power.
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breeze is a high school student with two part-time jobs. he earns $20 per tutoring middle school kids in science. he earns $10 per hour cleaning at the local church. his goal is to earn at least $280 per week, but because of school, he does not work more than 25 hours each week. which combinations allow breeze to work no more than 25 hours in one week and earn at least $280? select the three correct combinations.
11 hours of cleaning at the local church and 14 hours of tutoring.
10 hours of cleaning at the local church and 15 hours of tutoring.
9 hours of cleaning at the local church and 16 hours of tutoring.
What are combinations in mathematics?The definition of the combination is "An arrangement of items where the order of the elements is irrelevant." Combining these two words indicates "Selection of things," when the order of the items is irrelevant.
In mathematics, a combination is a method of choosing items from a collection when the order of the choices is irrelevant. Consider a collection of three integers P, Q, and R. The number of ways we may choose two numbers from each group is thus determined by combination.
It is feasible to count the number of combinations in smaller situations, but the likelihood of a set of combinations is also larger in cases with a lot of groups of components or sets. In many mathematical computations, combination and permutation are also employed to address a variety of issues.
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6. if the long-run average total cost decreases as the quantity of output increases, the firm is necessarily experiencing a. constant returns to scale. b. increasing returns to scale. c. economies of scale. d. diminishing returns. e. decreasing returns to scale.
If the long-run average total cost decreases as the quantity of output increases, the firm is necessarily experiencing economies of scale. Hence, option (c) is correct.
Give a brief account on economies of scale.Cost advantages that businesses enjoy when production becomes efficient are regarded as economies of scale. Businesses can achieve economies of scale through raising production and lowering costs. This results from the cost being spread among numerous products. Both fixed and variable costs are present. The size of the business often matters in terms of economies of scale. Cost savings increase with business size. Both internal and external economies of scale are possible. While internal economies of scale are based on management decisions, external ones are affected by external factors.
Accounting, IT, and marketing are examples of internal operations that are considered to have operational efficiency and synergies. Economies of scale are a crucial idea for any company, regardless of industry, and they stand for the cost savings and competitive advantages larger companies have over smaller ones.
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you are managing a project that is designed to create a new ordering system that will be used by the sales department in your organization. you are preparing a performance report to send out to the stakeholders. you need to identify the stakeholders to whom the report will be sent and the required method of delivering the report. what should you do next?
Being the manager of the project, the next step would be to analyze the communication management strategy.
Organizing a team and assigning roles and tasks do not guarantee that everyone in a project will collaborate well. Effective communication is also necessary, and while having a competent communications plan does not ensure a project will proceed without hitches, failing to have a plan, set of guidelines, or something similar will ensure a project won't be successful.
It raises the likelihood that information will go to the right place at the right time by taking communication for the project as a whole rather than treating each need as a separate activity. Written in a document, a communication strategy contains communication practises, tools, and strategies, as well as records, reporting, timings, roles, and duties, and analysis.
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there are 9 pennies 5 nickels 4 dimes and 2 quarter 1 half dollar how many different sums of money can you make
The total sum can be 20
Penny 1, nickel 5, dime 10, quarter 25, half-dollar (50), penny 1, nickel 5, dime 10, quarter 25, half-dollar (50), nickel (5), dime 10, quarter 25, half-dollar (50), nickel (5), dime (10, quarter 25, half-dollar (50), nickel (5), dime (10, quarter 25, half-dollar (50), nickel (5), dime (10, quarter 25, half-dollar (50), nickel (5), dime (10, quarter 25, half-dollar (50), nickel (5)
What is the denomination of 300 coins?Have a total of 300 coins in the denominations of 1/2 and 5, where the amount of 2 coins is three times that of 5 coins overall.
The quantity of Rs.2 coin are greater than the absolute coins.. There are 160 coins in total.
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the marketing mix element that determines how and where customers will buy a company's product is known as the element. multiple choice question.
the marketing mix element that determines how and where customers will buy a company's product is known as the element place
Property[1] is a collective term for a bundle of rights that grants legal control over things and designates owners of those things. Depending on the sort of property, an owner may be allowed to use it as defined by the property rights that have been granted customers to them, modify it, share it with others, redefine it, rent it, pawn it, sell it, exchange it for another piece of property, give it away, or destroy it[2]. Any property owner may have the right to forbid others from doing any of these things, regardless of the type of property.In economics and political economy, there are three main categories of property: private property, public property, and communal property (also called cooperative property).a piece of property that is shared
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Suppose you can sell as much of a product (in integer units) as you like at $46 per unit. Your marginal cost (MC) for producing the qth unit is given by: MC=7q. This means that each unit costs more to produce than the previous one (e.g., the first unit costs 7*1, the second unit (by itself) costs 7*2, etc.). If fixed costs are $70, what is the profit at the optimal output level. Also, Assume that a competitive firm has the total cost function: TC = 1q3 - 40q2 + 820q + 1900. Suppose the price of the firm's output (sold in integer units) is $650 per unit. Using tables (but not calculus) to find a solution, what is the total profit at the optimal output level?
At 6 units of production, or $59, profit is maximised, hence 6 units of output will be created. Entire revenue less total costs equals profit.
Profit is the term used to describe the financial gain experienced when the revenue from a commercial activity exceeds the costs, costs, and taxes associated with maintaining that activity. Any profits generated are returned to the company's owners, who can decide whether to keep the money for themselves, pay dividends to shareholders, or reinvest it in the company. The money a firm keeps after deducting all costs is known as profit. The main objective of every business, whether it be a little lemonade stand or a publicly listed multinational corporation, is to make money. As a result, a firm's success is measured by its profitability in all of its forms.
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You are an accountant in a large firm. Your boss tells you to use a controversial accounting practice, which will make the company’s profits seem higher. She tells you it is only to impress stockholders and will not be used in statements submitted to the IRS. What would you do?
Answer: One should refuse to opt such practices.
Explanation: For accounting we should opt International Financial Reporting Standards (IFRS) developed by the International Accounting standard board.
If the organization opt for different practice then it will violate
1. Consistency principle
2. Full disclosure principle
3. Materiality principle
In long run this will hamper organizations image, shareholders will loose trust which may even lead to changes in management even though.
I will try my best to explain consequences of same to my boss and ask her to change her decision.
when marginal private benefit is equal to marginal private cost, group of answer choices all negative externalities have been internalized. the activity in question generates no negative externality. all of the above all positive externalities have been internalized. a or b
Option (b), When marginal private gain and marginal private cost are identical, there are no negative externalities caused by the action in question.
Are there negative externalities for private goods?Externality-related goods have the drawback of not being sufficiently produced by private market activities. Activities in the private market will lead to an excess of goods with negative externalities and an underabundance of goods with positive externalities.
What has to take place before an externality can be harmful?It is referred to as having a negative externality when a cost is passed to a third party. A positive externality occurs when a benefit is received by a third party. The government can prevent negative externalities by taxing goods and services that cause additional expenses.
Learn more about negative externalities: https://brainly.com/question/24171158
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