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Each of these documents was reviewed by panel members and external reviewers. Most of these reviewers were also commentators at the Data Collection for Low-Income Populations and Well-being workshop held on December 16-17- 1999. We are indebted to all reviewers for their constructive comments to the authors. Sandra Berry, Rand; Harold Bloom, Labor Demonstration Research Corporation mike Brick, , university of Michigan Betsy Martin, US Census Bureau Daniel McCaffrey, RAND Charles Metcalf, Mathematica policy research Jeffrey Moore, US Census Bureau John Karl Scholz, University of Wisconsin Madison Matthew Stagner, Urban Institute William Winkler, USA.
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the lower the elasticity of demand for labor, group of answer choices the larger the cutback in labor for a given wage increase. the smaller the cutback in labor for a given wage increase. the higher the wage rate that a labor union receives for its membership. the lower the wage rate that a labor union receives for its membership.
The lower the elasticity of labor demand, the smaller the decrease in labor for a given wage increase.
What does it mean that labor demand is elastic?Elastic demand for labor means that firms lay off large numbers of workers in response to small changes in wages, so the employment effect is large. If only the employment effect is considered, the elasticity of labor supply is irrelevant.
What causes low demand elasticity?The price elasticity of demand tends to be low when spending on goods is only a small fraction of disposable income. Therefore, changes in the price of a good have little effect on consumers' tendency to consume that good.
What happens when demand becomes less elastic?A commodity with low elasticity has a steep demand curve because the quantity demanded does not change much when the price changes. Commodities with low price elasticity are called inelastic.
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that if gold rust what then will iron do for it a priest be foul in whom we trust no wonder that a common should rust
Geoffrey Chaucer quote that if gold rust what then will iron do for it a priest be foul in whom we trust no wonder that a common should rust .
What does the minister mean when the gold rusts and what happens to the iron?
The minister uses gold to symbolize the clergy and iron to symbolize the people. Rosten represents a return to an immoral life. Therefore, when a priest becomes immoral, he cannot lead people to a moral life. Only a priest who lives a clean life can set an example for people.
What does gold symbolize in The Canterbury Tales?In The Canterbury Tales, the gold in Pardner's story represents greed. The three mobs give up their loyalty and devotion to each other in order to collect eight bushels of gold. Her greed and other sins cause her death.
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When inflation equals the value determined by past expectations and pricing decisions and output equals the level of short-run equilibrium output consistent with that inflation, the economy is said to be in ____ equilibrium.short-run
long-run
potential
full-employment
When inflation equals the value determined by past expectations and pricing decisions and output equals the level of short-run equilibrium output...inflation the economy is said to be in short-run equilibrium.
What are the causes of inflation?Although it may appear through other economic processes, the main driver of inflation is an increase in the money supply. The following options are available to monetary authorities to increase a country's money supply :
Printing extra money to distribute to the publicDevaluing (decreasing) the value of the lawful tender moneyby purchasing government bonds from banks on the secondary market, one can create reserve account credits for new loans through the banking system.All of these circumstances lead to a decrease in the money's purchasing power. There are three different sorts of mechanisms that cause inflation as a result : built-in inflation, cost-push inflation, and demand-pull inflation.
So, option (a) can be regarded as suitable.
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digital analytics provide insight on customer/user . group of answer choices needs behavior goals motivations
Digital analytics provide insight on customer/user behavior. Companies that use customer behavior to generate insights outperform their peers by 85% in revenue growth.
What is the main purpose of digital analytics?
Digital analytics can help businesses provide a better online experience for their customers and prospects, which in turn leads to the achievement of desired goals. Digital analytics are tools used by organizations to collect, measure and analyze qualitative and quantitative data.
What is the value of digital analytics?The value of digital analytics allows you to gain more precise insights and quantify your return on investment from your marketing channels. Collecting data from different platforms gives you a clearer picture of your funnel.
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dawn, a sales executive at wind homes limited, sells building materials to the construction contractors in new jersey. she is able to achieve her annual sales target for wooden planks, but the sales of the other construction materials are far below the set target. dawn explains to her existing customers the benefits of buying the other construction materials from her along with the wooden planks. identify the strategy being used by dawn in this scenario.
Dawn, a sales executive at wind homes limited, sells building materials to construction contractors in new jersey. The strategy being used by dawn in this scenario is Full-Line Selling.
In trendy terms, a contractor is liable for making plans, main, executing, supervising and examining a construction creation challenge. The duty extends from the beginning to the stop of the task, no matter its scope.wellknown Contractors vs. Subcontractors. A contractor can be a widespread contractor or a contractor with a distinctiveness hired for a specific activity inside the creative industry. standard contractors are regularly capable of get higher pricing, each in terms of materials and labor, particularly if it means that a GC may be wanting greater of both for destiny projects. whilst a preferred contractor is honest and the running enjoy is a nice one, this bodes well for the timely crowning glory of your project.
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the management of sweet scent believe that the more the company spends on advertising the more profitable the product will be. do you think they are right? justify your answer
It is possible that increasing advertising spending can lead to increased profitability for a company, but it is not necessarily a guaranteed outcome. There are many factors that can influence the effectiveness of advertising, and it is important for a company to carefully consider and analyze these factors before making decisions about advertising spending.
One important factor to consider is the target audience for the product. If the target audience is not aware of the product or is not interested in the product, then increasing advertising spending may not have a significant impact on profitability.
It is also important to consider the overall market and competitive environment in which the product is being sold. If the market is saturated with similar products, or if there are strong competitors offering similar products, then it may be more difficult for a company to increase profitability through advertising alone.
In these situations, it may be necessary for a company to differentiate its product through other means, such as offering unique features or benefits, or by targeting a specific niche within the market.
Overall, while advertising can be an important factor in the success of a product, it is not the only factor, and it is important for a company to carefully consider the full range of factors that can influence profitability when making decisions about advertising spending.
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the fact that many inputs are fixed in the short run but variable in the long run has little impact on the firm's cost curves. True or False ?
True, the fact that many inputs are fixed in the short run but variable in the long run has little impact on the firm's cost curves.
What is cost?In manufacturing, research, retail, and accounting, cost is monetary value that is no longer available because it was used to produce something or provide a service. In business, acquisition costs can be acquisition costs. In this case, the amount spent on the acquisition is counted as an acquisition cost. Cost is the amount of money a business spends to create or produce goods or services.This does not include the profit markup.Cost Per Action (CPA) is calculated as the cost divided by the number of actions measured.For example, if you spend $150 on a campaign and the campaign has 10 actions assigned to it, the campaign receives a per-action cost of $15.To learn more about cost from the given link :
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farley corp. has 50,000 shares of $1 par value common stock issued and outstanding. farley declares a 10% stock dividend when the fair value of the stock is $9 per share. which of the following entries will be included in the entries required to record the declaration and payment of the stock dividend? multiple select question. debit stock dividends $45,000. credit common stock $45,000. debit retained earnings $5,000. credit additional paid-in capital $40,000. credit common stock $5,000.
Answer:
Debit stock dividends $45,000
Credit common stock $5,000
Credit additional paid-in capital $40,000
Explanation:
During the last 3 years Consolidated Oil Company expanded its gasoline stations into convenience food stores (CFSs) in an attempt to increase total sales revenue. The daily sales (in hundreds of dollars) from a random sample of 10 weekdays from one of its stores are: 6 8 10 12 14 9 11 7 13 11
a. Find the mean, median and mode for this store.
b. Find the five-number summary.
The mean, median and mode for this store is 10 . 1 and 10. 5 . the five-number summary is 14.
Mean ={6+8+10+12+14+9+11+7+13+11}/{10}
{101}/{10}=10 . 1 .
Arrange the data in ascending order of magnitude -
In the data net, m=10. So, there is two middle most values. So, Median Q_2={10+11}/{2}=10. 5.
In the above dataset, only ' 11 ' occurs twice.
So, Mode =11.
b. Five number summary-
Mimi mum =6
First Quartile =Q_1=8 [Below median there is 5 samples in the arranged dataset and 8 is the middle most value.
Median =g_2=10.5
Third Quartile =93=12 [Above median there is 5 samples in the arranged dataset and 12 is the middlemost value]
Maximum =14.
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suppose you have two years' worth of panel data on wages and work experience of adults; however, the data set has no further information on the characteristics of the individuals in the data set. specifically, you have cross-sectional wage and work experience data on individuals in 2006, and cross-sectional data on those same individuals in 2012. you plan to use the following fixed effects model to analyze the effects of work experience on wages:
log ( wage it ) = Bo + 80 yr10, + B1 experir + ai + Uit where wage ir = yearly wage of individual i at time t, in dollars yrl0, =1 in the year 2010 (t = 2), and =0 otherwise (t = 1) exper = years of work experience of individual i, at time t a; = unobserved (time-invariant) effect Uit = idiosyncratic error Two other factors that can influence wage, which you have not controlled for in your model, are height and industry of employment. Use the following table to indicate which term in the fixed effects model captures the effect of height, which term captures the effect of industry of employment, and which term captures the effect of work experience. Work experience di 0 Uit 0 Bi 0 Height Industry of employment 0 0 0
As given by equation work experience will be captured by Bl. Height is idiosyncratic error as it is not relevant for measuring the wages and should be captured by Uit. Industry of employment is a important factor in determining wage and should be a unobserved factor and captured by al.
In econometrics, "idiosyncratic error" is used to explain blunders—this is, unobserved elements that impact the established variable—from panel information that each modifications through the years and throughout devices.
Idiosyncratic approach specific to an individual. Albert Einstein famously had plenty of idiosyncratic conduct. for example, he hardly ever wore socks, and he talked to his cat.
In case you describe someone's actions or traits as idiosyncratic, you suggest that they may be instead uncommon.
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An investor wants to do capital budgeting for his new investment project. He has the following information: IRS will allow the investor to depreciate the investment using straight-line over 10 years. The marginal tax rate will be 20% over the next 5 years & it will be 15% from the 6th to the 10th year. The investor expects that the terminal value for the investment is $40,000 at the end of 6 years.(a 6-year project) What is the after-tax terminal value of this investment if the initial cost is $60,000?
$39,200
$36,800
$37,600
$38,400
None of the Answers
The investment's after-tax terminal value if the beginning cost is 37,600. The correct answer is option (c).
What is After-tax?The net amount of income that is left over after federal, regional, and income tax have been deducted from your take-home pay is known as your after-tax income. Pre-tax simply implies that premiums were deducted before to calculation and deduction of taxes.
The amount of discretionary income that a customer or business has available for spending is known as after-tax income, often known as income after taxes.
Initial Cost = $60,000
Written Down value after 6 years = 60,000*4/10 = $24,000
Selling price = $40,000
Gain on Sale = $16,000
Tax on Gain = 16000*15% = 2,400
After tax terminal value = Selling price - tax on gain
= 40,000-2400
= $37,600
Hence, the answer is $37,600
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A 20-year maturity, 7.3% coupon bond paying coupons semiannually is callable in seven years at a call price of $1,185. The bond currently sells at a yield to maturity of 6.3% (3.15% per half-year). a. What is the yield to call? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Yield to call b. What is the yield to call if the call price is only $1,135? (Do not round intermediate calculations Round your answer to 2 decimal places.) Yield to call 2.50 *96 c. What is the yield to call if the call price is $1,185 but the bond can be called in four years instead of seven years? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Yield to call 4.84 %
To find the yield to call of a bond, we need to determine the present value of the bond's future cash flows, taking into account the call option. The bond's cash flows consist of its periodic coupon payments and its face value at maturity. The yield to call is the discount rate that equates the present value of these cash flows to the bond's current market price.
To begin, let's calculate the bond's periodic coupon payment. The bond has a 7.3% coupon and pays coupons semiannually, so the periodic coupon payment is (7.3% / 2) * $1,000 = $36.50.
Next, let's determine the bond's face value at the call date. The bond is callable in seven years at a call price of $1,185, so if it is called, the bondholder will receive $1,185 at the call date instead of the face value at maturity.
Now let's determine the present value of the bond's cash flows. The bond's yield to maturity is 6.3%, or 3.15% per half-year, so the bond's periodic discount factor is 1 / (1 + 0.0315) = 0.9689. The present value of the bond's periodic coupon payments is $36.50 * 0.9689 = $35.57. The present value of the bond's face value at the call date is $1,185 / (1 + 0.0315)^7 = $836.15. The present value of the bond's cash flows is the sum of these two amounts, or $35.57 + $836.15 = $871.72.
Finally, let's determine the yield to call by dividing the present value of the bond's cash flows by the bond's current market price and solving for the discount rate. In this case, the bond's current market price is $1,000, so the yield to call is the discount rate that satisfies the following equation:
$871.72 = $1,000 / (1 + r)^7
Solving for r, we find that the yield to call is 4.84%.
For the second part of the question, if the call price is only $1,135, the present value of the bond's face value at the call date is $1,135 / (1 + 0.0315)^7 = $786.35. The present value of the bond's cash flows is $35.57 + $786.35 = $821.92. The yield to call can be determined by solving the following equation:
$821.92 = $1,000 / (1 + r)^7
Solving for r, we find that the yield to call is 2.50%.
For the third part of the question, if the call price is $1,185 but the bond can be called in four years instead of seven years, the present value of the bond's face value at the call date is $1,185 / (1 + 0.0315)^4 = $924.87. The present value of the bond's cash flows is $35.57 + $924.87 = $960.44. The yield to call can be determined by solving the following equation:
$960.44 = $1,000 / (1 + r)^4
Solving for r, we find that the yield to call is 4.84%.
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aviation incorporated has 131,000 shares authorized, 121,000 shares issued and no treasury stock. determine the number of shares outstanding:
The number of outstanding shares is shown as "Capital Stock" on a company's balance sheet and in its quarterly filings with the US Securities and Exchange Commission.
The capital section of an organization's annual report also lists the number of outstanding shares.
How many shares were issued and how many remain?They are considered "authorized" due to the fact that they are within the maximum number of shares that can be sold by a company per its corporate charter. They have been sold, so they are "issued." They are "outstanding" because they were sold to the general public (not the company's owners or managers).
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the marginal benefit to suppliers will be less than the marginal cost to the single buyer. this describes perfect competition monopolistic competition an oligopoly a monopoly a monopsony
A monopolistic market is one in which a single company controls the supply and price of goods and services. There are many firms in a perfectly competitive market, and no one company controls the market.
No market in the real world is completely competitive or monopolistic.
What distinguishes the monopoly model from the monopolistic competition model?A monopoly is a market structure in which a single participant sells a unique product or service and controls the entire market. In contrast, a market with monopolistic competition is one in which there are only a few buyers and sellers offering similar alternatives.
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bubba inc. would like to have an investment that would provide cash flows of $70217 per year for the next 10 years.
Bubba inc. would like to have an investment that would provide cash flows of $70217 per year for the next 10 years:$154,553.30(Approx).
Solution:-
Present value=$23033*Present value of annuity factor(8%,10)
=$23033*6.710081399
which is equal to
=$154,553.30(Approx)
Funding is an asset or object obtained with the purpose of generating earnings or appreciation. investment refers to a boom in the fee of an asset over the years. whilst a person buys an awesome as an investment, the intent isn't to devour the good but rather to use it in the destiny to create wealth.
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The Employee Retirement Income Security Act (ERISA) sets the standards for pension plans on all of the following aspects except: fiduciary conduct. asset management. information disclosure. plan taxation.
Private sector businesses that provide pension plans to employees are subject to ERISA.
A employee is anybody or whatever?An employment is someone who receives compensation for working for a further person or company. For someone to be considered an employee, they just need to be paid by their employer for their effort; full-time employment is not a need (the person or business that pays them).
Who or what is your employer?The term "employer" refers to a person or a corporate entity operating in the public, private, nonprofit, etc business sectors that employs and compensates workers. Employers set the conditions of work for employees and supply the agreed-upon terms, such as the compensation, in their capacity as the leadership within an organization.
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Kingbird, Inc. had the following transactions during 2017: 1. Issued $285000 of par value common stock for cash. 2. Recorded and paid wages expense of $136800. 3. Acquired land by issuing common stock of par value $114000. 4. Declared and paid a cash dividend of $22800. 5. Sold a long-term investment (cost $6840) for cash of $6840. 6. Recorded cash sales of $912000. 7. Bought inventory for cash of $364800. 8. Acquired an investment in Zynga stock for cash of $47880. 9. Converted bonds payable to common stock in the amount of $1140000. 10. Repaid a 6-year note payable in the amount of $501600. What is the net cash provided by operating activities? a. $661200. b. $695400.
c. $547200. d. $410400.
$661200 is the net cash provided by operating activities. A company's net cash flow from operational activities shows how much more money is flowing into or out of its operations.
This covers any adjustments to non-cash items as well as any changes to net income (sales less any expenses, such as cost of goods sold, depreciation, and taxes, among others). The total of net income, adjustments for non-cash expenses, and working capital movements is the net cash flow from operational operations. On the cash flow statement, however, some items are handled in a different way than they are on the income statement.
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Which of the following institutions determines the quantity of money in the economy as its most important task?
A. U.S. Department of the Treasury
B. Federal Open Market Committee
C. Central Bank
D. Federal Reserve Board of Governors
D. Federal Reserve Board of Governors.
Federal Reserve Board of Governors institutions determines the quantity of money in the economy as its most important task.
An economic system is a place of the manufacturing, distribution and exchange, as well as consumption of goods and offerings. In standard, it's far described as a social area that emphasize the practices, discourses, and material expressions associated with the manufacturing, use, and management of scarce assets'.[1] A given financial system is a set of procedures that includes its tradition, values, schooling, technological evolution, records, social employer, political shape, criminal systems, and herbal sources as foremost elements.
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in a consolidation, approval is not needed by the board of directors and shareholders of each corporation. True or False?
In a consolidation, approval is not needed by the board of directors and shareholders of each corporation - False
In a consolidation, approval is needed by the board of directors and shareholders of each corporation that is involved in the merger. A consolidation, also known as a merger, is a business strategy in which two or more corporations combine to form a single entity. The process of consolidation involves the negotiation and agreement of the terms of the merger by the board of directors of each corporation.
While a corporation's day-to-day operations and even the policies governing those activities are often left to its officers and directors, any extraordinary matter, such as a merger or consolidation, requires shareholder approval. The approval is needed as a consolidation involves significant changes to the structure and ownership of the corporations involved, and requires the support and agreement of the key stakeholders.
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The net present value decision rule is: When an asset's expected cash flows yield a positive net present value when discounting at the required rate of return, the asset should be acquired.
T or F
The net present value decision rule is when an asset's expected cash flows yield a positive net present value when discounting at the required rate of return, the asset should be acquired. This statement is true.
What is net present value rule?
According to the net present value rule, business executives and investors should only finance initiatives or enter into contracts that have a net present value that is in their favour (NPV). They ought to stay away from funding endeavours with a negative net present value. It follows naturally from the principle of net present value.
Why is net present value a more favourable selection factor?
The net present value method has the obvious benefit of accounting for the fundamental truth that a dollar now is worth less than one in the future. The cash flows are always discounted by an additional term of capital expense.
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The charter of Vista West Corporation specifies that it is authorized to issue 211,000 shares of common stock. Since the company was incorporated, it has sold a total of 150,000 shares (at $16 per share) to the public. It has bought back a total of 12,000. The par value of the stock is $4. When the stock was bought back from the public, the market price was $20.
Determine the outstanding shares
150,000 sold - 12,000 bought back = 138,000
The outstanding shares 150,000 sold - 12,000 bought back = 138,000.
Solution:
Outstanding shares = Issued shares - Shares repurchased
Outstanding shares = 150,000 shares - 12,000 shares
Outstanding shares = 138,000 shares.
Outstanding Shares refer to shares in a company that is currently held by all shareholders. These include blocks of stock held by institutional investors and restricted stock held by company officers and insiders. A company's number of shares outstanding is not constant and can fluctuate significantly over time.
The number of shares outstanding can be found in the company's most recent quarterly or annual report filed with the US Securities and Exchange Commission usually the balance sheet in the Equity section. Knowing a company's number of shares outstanding is important for several reasons.
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Airbnb is an online marketplace used by many travelers when booking lodging all over the world. The company serves as a broker, receiving commissions from each booking. Guests have the opportunity to give a review to their host once their lodging is complete. New York City (NYC) is known for high lodging prices. We took a random sample of 343 Airbnb listings and recorded many variables including price per night (in dollars) and number of reviews (count). We would like to study the relationship between price (in dollars) and number of reviews (counts) for all Airbnb listing in NYC The scatterplot displays the relationship between these two variables. Some summary statistics and R output for a linear regression analysis are also shown below.
The scatterplot displays the relationship between these two variables. Some summary statistics and R output for a linear regression analysis is $119.92.
Complete the following statement:
Approximately 23.41% of the variation in Listed price per night ($) is accounted for by the linear relationship with Number of reviews.
The total sum of squares= 3830110.
The sign is negative taken from the sign of the regression coefficient.
One Airbnb listing had 235 reviews. What would the predicted price for this listing and what is the corresponding residual (if the actual price was $328)?
The estimated regression is : listed price=351.95437-0.61222*235
listed price=351.95437-143.87217=208.0822
The predicted price =$208.08 and the corresponding residual =328-208.08=$119.92
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You would expect a bond of the U.S. government and a bond of an Eastern European government to pay different interest rates because of differences in the bonds' (Credit risk/ tax treatment/ term ).
Because of variations in credit risk, we would anticipate a bond issued by the US government and a bond issued by an Eastern European government to pay interest rates.
Because there is a larger danger of default, an Eastern European government bond would pay a higher interest rate than a US government bond.
We would expect a bond that repays its principal in 2040 to pay a higher interest rate than a bond that repays its principal in 2020.
We would anticipate a bond from a software firm we run out of our garage to pay a different interest rate than a bond from Coca-Cola due to variations in the bonds credit risk.
A bond issued by a software firm operating out of a garage would pay a higher interest rate than a bond issued by Coca-Cola because the software company has a higher credit risk.
We would anticipate a bond issued by the federal government to pay a greater interest rate than a bond issued by the state of New York since an investor does not have to pay federal income tax on a bond issued by the state of New York.
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A woman owns a TV which she bought for $300. She is considering buying a better model
for $450. Her neighbour offers her $200 for her TV. What is the opportunity cost of her
rejecting this offer?
A $100
B $200
C $300
D $450
During its first year of operations, Kingbird, Inc. had credit sales of $3,875,000, of which $440,000 remained uncollected at year-end. The credit manager estimates that $18,900 of these receivables will become uncollectible.(a)Prepare the journal entry to record the estimated uncollectibles. (Assume an unadjusted balance of zero in Allowance for Doubtful Accounts.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
The credit manager estimates that $18,900 of these receivables will become uncollectible. The journal entry to record the estimated uncollectible is [tex]2.146065*10[/tex].
Receivables, loans, or other debts with essentially zero prospect of being paid off are considered accounts uncollectible. A debt may become uncollectible for a variety of reasons, such as the debtor's bankruptcy, an inability to locate the debtor, the debtor's fraud, or a lack of adequate documents to support the existence of the debt. In California, the statute of limitations typically lasts four years for consumer debts resulting from written contracts. This covers debts from credit card, auto, personal, private student, and medical loans. For creditors, any quantity of uncollectible debt results in a loss.
Based on the given conditions, formulate:
18900*440000/3875000
Calculate
18900*440000/3875000
Reduce
[tex]756*88/31=66528/31=2.146065*10^{3}[/tex]
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Assume that the most efficient production technology available for making vitamin pills has the cost structure given in the following table. Note that output is measured as the number of bottles of vitamins produced per day and that costs include a normal profit. a. What is ATC per unit for each level of output listed in the table? Instructions: Round your answers to 2 decimal places. b. Is this a decreasing-cost industry? c. Suppose that the market price for a bottle of vitamins is $2.51 and that at that price the total market quantity demanded is 82, 610,000 bottles. How many firms will there be in this industry? __________ firm(s). d. Suppose that, instead, the market quantity demanded at a price of $2.51 is only 75, 100. How many firms do you expect there to be in this industry? ________ firm(s). e. Review your answers to parts b, c, and d. Does the level of demand determine this industry's market structure?
a. ATC per unit for each level of output listed in the table:
Output | Cost | ATC
500 | $5,500 | 11.00
1,000 | $7,500 | 7.50
2,000 | $9,500 | 4.75
b. Yes, this is a decreasing-cost industry.
c. If the market price for a bottle of vitamins is $2.51 and the total market quantity demanded is 82,610,000 bottles, there will be 33 firms in this industry.
d. If the market quantity demanded at a price of $2.51 is only 75,100, then there will be 12 firms in this industry.
e. Yes, the level of demand does determine this industry's market structure. The higher the demand, the more firms that will enter the market, and the lower the demand, the fewer firms that will enter the market.
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What is limited quantity?
Answer:
Limited quantity is when you can only carry so much of something or multiple different things/when you can only use so much of something
Explanation:
Like a full bookbag or when you're rationing your soap
question mode multiple choice question identify the accurate statement about racetrack layouts. multiple choice question. these layouts do not encourage unplanned purchases. these layouts do not cater to the needs of hedonic shoppers. as customers go around the racetrack, their eyes are forced to take different viewing angles rather than looking down one aisle as in a grid layout. racetrack layouts provide a major aisle that loops around a department in a store to guide customer traffic around the same department.
Typically, we see racetrack layouts provide a major aisle that loops around a department in a store to guide customer traffic around the same department
What are racetrack layouts?
When a shop provides a significant consumer aisle that starts at the entrance, loops through the store (often in the shape of a circle, square, or rectangle), and then brings the customer back to the front of the store, this is known as a loop layout (or racetrack layout). The forced-path design is very similar to the racetrack. Customers are encouraged to circle the store and visit various sections or departments because there is just one walkway that loops around the retail space.
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Which of the following will most likely cause an increase (shift to the right) in both the long-run and short-run aggregate supply curves?
Group of answer choices
an increase in the national debt
an increase in income tax rates
a decrease in the economy's rate of investment and capital formation
a technological improvement in robotics that substantially increases labor productivity
A technological improvement in robotics that substantially increases labor productivity will most likely cause an increase (shift to the right) in both the long-run and short-run aggregate supply curves.
What happens when long-run aggregate supply shifts right?Over time, production factors influence how the aggregate supply curve shifts. A rise in the production factors causes the curve to shift to the right, whereas a fall in the production factors causes a shift to the left.
As productivity rises or the price of important inputs decreases, the aggregate supply curve shifts to the right, allowing for a combination of lower inflation, higher output, and lower unemployment. The supply curve will move to the right as a result of a technological advancement that lowers production costs, producing more at a given price while also increasing output.
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At the time petty cash funds are disbursed, a journal entry should be made, debiting the appropriate assetor expense account.True False
True. When petty cash funds are distributed, the journal entry should debit the appropriate assertor expense account.
What is petty cash?
A petty cash fund is a small sum of company money that is frequently kept on hand (for example, in a secured drawer or box) to cover unimportant or trivial expenses like office supplies or employee reimbursements. Periodic reconciliations of a petty cash fund are performed, and transactions are also noted on the financial statements. Each department may have its own petty cash pool in larger corporations. Petty cash is a little sum of money that is always on hand to cover small expenses that don't warrant writing a check or using a credit card. Each department may have its own petty cash pool in larger corporations. Office supplies, greeting cards for clients, flowers, and paying for catered lunches for staff members can all be purchased with petty cash.
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