70,195 jet skis did Allyson sell during the year. The cost of goods sold last year was 168,468,000.
Req 1.
The number of units sold:
Beginning Inventory of FG: 6,950
Add: Production units 69,500
Total units 76450
Less: Ending inventory of FG 6,255
Number of units sold: 70,195
Req 2.
Cost of Goods sold:
Number of units sold 70,195
Multiply: cost per unit $2,400
Cost of Goods sold 168,468,000
Inventory refers to all the objects, goods, merchandise, and substances held thru a commercial enterprise for advertising in the marketplace to earn earnings. The cause of the stock is to provide a buffer between manufacturing and income, smoothing out the go-with-the-flow of products and ensuring that products are available while clients organize them.
Irrespective of the dimensions of your organization, having the right stock management device could be very important for any commercial enterprise. It allows you to keep in tune with all of your resources and determine the precise expenses. it can also help you manipulate surprising changes in demand without sacrificing purchaser enjoyment or product first-class. To acquire this aim, businesses ought to carefully control their inventory degrees, investing in an appropriate system if necessary.
To learn more about Inventory visit here:
brainly.com/question/14184995
#SPJ4
the uncertainty that exist due to portion of demand that the supply chain is required to meet is the question 6 options: average forecast error implied demand uncertainty demand uncertainty rate of strategic uncertainty
The uncertainty that exists due to the portion of demand that the supply chain is required to meet is the implied demand uncertainty.
Demand uncertainty refers to the variability or unpredictability of customer demand for a product or service, which creates uncertainty in the supply chain. The portion of demand that the supply chain is required to meet can affect the level of demand uncertainty, as well as the level of risk and complexity in the supply chain. Therefore, the uncertainty that exists due to the portion of demand that the supply chain is required to meet falls under the category of demand uncertainty.
Rate of strategic uncertainty refers to the degree of unpredictability or change in the competitive environment or market conditions. Implied demand uncertainty refers to the level of uncertainty that is implied by the forecasts or estimates of future demand. Average forecast error refers to the difference between the predicted or forecasted demand and the actual demand.
learn more about supply chain here
https://brainly.com/question/30086410
#SPJ4
complete question:
The uncertainty that exists due to the portion of demand that the supply chain is required to meet is the
A) rate of strategic uncertainty.
B) demand uncertainty.
C) implied demand uncertainty.
D) average forecast error.
E) none of the above
Why do binding price floors cause a deadweight loss? Click or tap a choice to answer the question: a. A binding price floor prevents some mutually beneficial exchanges from happening. b.Binding price floors do not cause a deadweight loss. c.By keeping prices higher than the market equilibrium price, consumer and producer surplus increase. d. A binding price floor increases producer surplus and increases producer surplus by an equal amount, leaving total surplus unchanged.
By keeping prices higher than the market equilibrium price, consumer and producer surplus increase.
What does "market equilibrium" actually mean?A circumstance known as "market equilibrium" occurs when a good's supply and demand are both equal. The absence of both excess demand and supply characterizes a market equilibrium.
What is the purpose of market equilibrium? Why is it substantial?Market market supply and demand must be balanced in order for prices to hold constant. This is the state of equilibrium. A excess of products or services generally leads to lower pricing, which increases demand, whereas a scarcity or undersupply raises prices, which diminishes demand.
To know more about market equilibrium visit:
https://brainly.com/question/25300841
#SPJ1
b Identify and explain two reasons why the primary sector is relatively more Important to Botswana than India.
Answer: The primary sector refers to industries that are involved in the extraction of natural resources and the production of raw materials. This sector includes activities such as agriculture, forestry, fishing, mining, and oil and gas production.
In Botswana, the primary sector is relatively more important than it is in India for several reasons:
Explanation:
1. Dependence on Natural Resources: Botswana is heavily dependent on its natural resources, particularly diamonds, which account for over 70% of the country's exports. The primary sector plays a crucial role in the country's economy, and its importance is reflected in the high levels of investment in the sector.
2. Agriculture and Livestock Production: While agriculture and livestock production plays a relatively minor role in India's economy, they are significant in Botswana, where they provide food and income for a large number of rural households.
Read more about the primary sector dependence of India and Botswana:
https://jyotinivas.org/jnc-pg/pdf/mcom-ejournal_dec20.pdf
https://en.wikipedia.org/wiki/Economy_of_Botswana
Antitrust laws have been implemented by governments to promote _____.A. price fixingB. competitionC. monopoliesD. bid rigging
Antitrust laws have been implemented by governments to promote competition.
These laws are designed to prevent practices that stifle competition, such as price fixing, bid rigging, and other forms of collusive behavior that restrict the free flow of goods and services in the market. The goal of antitrust laws is to ensure that competition remains robust and fair, so that consumers have access to a variety of goods and services at reasonable prices. By promoting competition, antitrust laws also encourage database innovation, improve quality, and drive economic growth. The enforcement of antitrust laws is typically the responsibility of government agencies, such as the Federal Trade Commission (FTC) in the United States, which are charged with investigating and prosecuting cases of anti-competitive behavior.
learn more about database here
https://brainly.com/question/14649976
#SPJ4
bev and noah are librarians at summit elementary school. bev works on mondays, wednesdays, and fridays, and noah works on tuesdays and thursdays. they divide the single librarian position, salary, and employee benefits proportionately. what is the name for this type of arrangement?
Job sharing is the name for this type of arrangement as Bev and Noah share their work as librarians.
What is Job sharing?Work sharing, sometimes known as work sharing, is a work arrangement in which two persons, or occasionally more, are kept on a part-time or reduced-time basis to carry out tasks that are typically completed by one person working full-time.
As a result, there is a net decrease in per-employee income. The individuals who share the job are jointly accountable for the workload of the shared job and work together to fulfill the task.
The workers are assigned a percentage of the pay, holidays, and working hours. Superannuation is deducted as a simple percentage in some nations, and mechanisms like pay as you go and PAYE assist in deducting national insurance.
In the 1970s and 1980s, the news media started to cover job sharing seriously.
Learn more about Job sharing, here
https://brainly.com/question/14468389
#SPJ1
according to theory, an organization's design should permit each function to develop a structure that suits its human and technical resources. group of answer choices strategic choice transaction cost resource dependence contingency
The theory that even an organization's contingency theory should permit to grow an architecture that suits the latter's human and technical finances is related to the situational theory of organisational design.
What does contingency theory mean?According to contingency theory, a leader's effectiveness "depends on how effectively the leader's style fits a particular setting or situation" (Wolinksi, 2010). It was regarded as a perfect match if leaders were effective in their roles.
What are the Contingency Approach's main characteristics?The following are some of the main features of contingency theory: Management theory is not universal; there is no one right way to handle every situation. Decisions made by management are subject to change depending on the environment.
To know more about contingency theory visit:
https://brainly.com/question/29829995
#SPJ4
Which virtues of the medieval ruling classes did troubadour poetry praise? - valor and honor - material wealth - avoidance of work - devotion to an ideal
- nobility of character
Troubadour poetry of the medieval period often praised the virtues of the ruling classes, including valor and honor, devotion to an ideal, and nobility of character.
Who were Troubadours?Troubadours were poet-musicians who flourished in the courts of the European nobility during the High Middle Ages (11th to 13th centuries). They originated in the region of Occitania, which covered parts of modern-day France, Spain, and Italy, and their poetry and song were written in the Occitan language. Troubadour's poetry was characterized by themes of chivalry, courtly love, and the pursuit of spiritual and romantic ideals. The lyrics of these songs often told stories of knights and ladies and their experiences in love and war.
Troubadours were often members of the nobility themselves and their poetry reflected the ideals and values of the aristocracy. These poems often celebrated the virtues of chivalry, such as courage, bravery, and honor, as well as the importance of courtly love and the pursuit of spiritual and romantic ideals. Troubadour's poetry also emphasized the importance of generosity, hospitality, and grace in the treatment of others, and the importance of maintaining a noble and elevated character. These values and ideals helped to shape the culture and society of medieval Europe and continue to influence cultural values even today.
To know more about Troubadours, check out :
https://brainly.com/question/1024130
#SPJ1
given a normal market supply curve for mp3 players, if the nightly news reports that loud music increases hearing loss, then there is a/an
The correct answer is D. There is an increase in the quantity supplied of daisies.
A market in economics refers to a physical or virtual space where buyers and sellers come together to exchange goods and services. In the market, the price of goods and services is determined by the forces of supply and demand. A market is not limited to a specific location; it can be national or international.
Markets play a vital role in the economy as they allocate resources efficiently. A well-functioning market ensures that goods and services are produced at the lowest possible cost and are available to consumers at the lowest possible price. It encourages competition among suppliers and helps prevent the exploitation of consumers.
To learn more about Market visit here:
brainly.com/question/13414268
#SPJ4
Complete Question:
Given a normal market supply curve for daisies, if the price of daisies increases from $1.00 per dozen to $2.00 per dozen, then there is a(n):
a. decrease in the supply of daisies.
b. increase in the demand for daisies.
c. increase in the supply of daisies.
d. increase in the quantity supplied of daisies.
e. decrease in the quantity supplied of daisies.
in calculating gdp, which component of spending must be subtracted from total spending to account for the fact that not all private or public spending by u.s. households is directed to u.s. businesses?
Utilizing expenditures, production, or incomes, GDP can be estimated in three different ways and can be further customized by include population and inflation adjustments.
From what should we deduct while calculating GDP?Spending on both imports and exports is taken into consideration when calculating GDP. The sum of consumer spending (C) plus business investment (I) and government spending (G), plus net exports (i.e., total exports minus total imports), is a country's GDP (X – M).
What percentage of public spending is not included in GDP?Federal, state, and municipal governments make government acquisitions when they need products and services. A significant component in calculating a country's gross domestic product is the sum of this spending, minus transfer payments and interest on the debt.
To know more about production visit;
https://brainly.com/question/22852400
#SPJ1
if a firm produces a product that has easily available variable inputs, its supply curve will be: perfectly elastic. relatively flat. relatively steep. perfectly inelastic.
A corporation manufacturing a good with easily accessible variable inputs will have a supply curve that is comparatively flat.
The supply curve shows how the cost of a good or service relates to how much is provided over a given length of time. In a typical situation, the price will be displayed on the left vertical axis and the quantity delivered will be displayed on the horizontal axis. In the event that a variable other than price or quantity changes, a new supply curve must be created. Imagine, for example, that some new soybean growers enter the market, clearing land for cultivation while increasing the area used for soy production. A supply schedule is a table that shows the quantity supplied for each price. A supply curve is a graph that shows the quantity delivered for each price.
To learn more about supply curve refer here:
https://brainly.com/question/30112116
#SPJ4
which of the following statements regarding business concepts is true? group of answer choices a mission statement translates a business strategy into specific actions for functional areas, such as marketing, human resources, and finance. a functional strategy is a statement that explains why an organization exists. a mission statement explains why an organization exists and describes what is important to the organization. as long as each functional area in a company operates efficiently, their functional strategies do not need to all support the business strategy.
The method a business functional uses to accomplish corporate and business unit objectives and strategies by optimising resource productivity is known as a functional strategy.
A firm's decisions and activities made to realise its wider vision collectively constitute its business strategy. Businesses may become market leaders in their industry by understanding what a business plan is and how to implement it effectively. Formalizing a plan around the three key components of company objectives, target market, and strategic management is the first step in developing a successful business strategy. Business strategy is a dynamic plan developed by a firm to acquire and maintain a competitive edge in the market. a variation of or an instance of the use of strategy. The art of creating or using plans or stratagems towards a goal is known as a cunning stratagem.
To learn more about business click on the link below:
brainly.com/question/15826604
#SPJ4
between 1997 and 2002 there was a 75% fall the price of coffee beans, which was a hardship for countries that export coffee. the fall in the price of imported coffee would be most likely to show up in which u.s. price index?
The U.S. Producer Price Index (PPI) is the best measure of changes in the price of imported coffee. The PPI measures the average change in prices received by domestic producers for their output. The PPI measures prices at various stages of production: from raw goods to intermediate and finished goods.
The PPI is a good measure of the average change in prices for goods and services, so it can be used to track changes in the price of coffee. The PPI will measure changes in the prices received by domestic producers for the sale of their goods and services, including imported goods such as coffee. The PPI will capture any changes in the price of imported coffee, so it can be used to assess the impact of a fall in the price of coffee.
To learn more about Producer Price Index link is here:
brainly.com/question/4513076
#SPJ4
the price of a dozen eggs rises from $3 to $4.70. in response to this price change, quantity supplied increases from 100,000 dozen eggs to 127,000 dozen eggs. what is the approximate price elasticity of supply for eggs? 1.86 3.52 2.5 0.48
The price elasticity of supply for eggs at around the same cost. 48.
The required details about price elasticity is mentioned in below paragraph.
Price elasticity of demand is a gauge of how a product's consumption changes in response to a price change. In mathematics, it is written as:
Demand Price Elasticity =% Change in Quantity Demanded -% Change in Price
Price elasticity of demand is a metric used to assess how consumer behavior changes in response to price changes for a given good.
A good is perfectly elastic if the price elasticity is infinite (if demand changes substantially even with minimal price change).
If a good's price elasticity is greater than 1, it is elastic; if it is lower, it is inelastic.
To learn about price elasticity visit here.
https://brainly.com/question/8729849
#SPJ1
the long-run aggregate supply curve in franklandia will shift to the left if a the aggregate price level is falling. b a virus sickens a vast percentage of the franklandian labor force. c a trade war with foxystan begins. d the central bank of franklandia increases the money supply. e nominal wages are rising.
The correct response is (b) a large portion of the Franklandian labor force is sickened by a virus.
The potential output that an economy can produce when all factors of production (land, labor, capital, and entrepreneurship) are used at their natural rates is represented by the long-run aggregate supply (LRAS) curve.
in the overall level of prices have no impact on the LRAS curve because over time, prices and wages will adjust to bring the economy back to its potential output.
The underlying productive capacity of the economy, such as changes in the quantity or quality of the factors of production, can, however, cause the LRAS curve to move to the left or right. A virus that infects a large percentage of people in this situation
To know more about supply curve here
https://brainly.com/question/26430220
#SPJ1
For which product is demand likely to be the most elastic? a) A product with no substitutes b) a product with many adequate substitutes c) a product with inadequate substitutes d) it is impossible to tell
Because people are willing to purchase at a cheaper price if prices drop, expensive goods frequently exhibit large elasticities. Products with numerous alternatives or rivals are elastic because customers switch to other products as the price of the original product rises.
What contexts exist for the word "purchase"?
When a noun form is necessary, such as in the phrase: You made a wise purchase when you bought gasoline before the price climbed., the word "buy" should also be used. Try to use "buy" for simple transactions and "purchase" for more formal cash exchanges for goods. The value of all products and services purchased during the accounting period for resale or consumption in the manufacturing process is included in purchases of goods and services, with the exception of capital goods, whose consumption is recorded as consumption of fixed capital.
Know more about products Visit:
https://brainly.com/question/28813267
#SPJ1
Risk That Can Be Eliminated Through Diversification Is Called ________ Risk.A) Micro B) Diversifiable C) Both A & B
Diversifiable risk is the type of risk that can be completely reduced by diversification. Unsystematic risk, sometimes referred to as unique risk or diversifiable risk, is the risk connected to a single securities industry within a portfolio.
Unsystematic risk, sometimes referred to as unique risk or diversifiable risk, is a type of risk that is connected to a single securities or particular industry within a portfolio. The portion of risk that can be decreased or eliminated via diversification is the one that can. Investors can lessen the impact of the risks connected with a certain security or industry by making investments across a variety of securities, sectors, and marketplaces. This is so that the overall impact of diversifiable risk can be reduced. Performance of one security or sector may be offset by performance of other securities within the portfolio. Diversification is a crucial risk-management technique that can assist investors in achieving their financial objectives with less volatility.
Learn more about Diversifiable risk here:
https://brainly.com/question/30450269
#SPJ4
which business custom do the mint countries of mexico, indonesia, nigeria, and turkey all have in common?
A. Following strict agendas for business meetings
B. Bring punctual for business meetings
C. Avolding alcohol while dining
D. Discussing politics
E. Shaking hands
The correct option is E. Shaking hands business custom do the mint countries of Mexico, Indonesia, Nigeria, and turkey all have in common.
Business corporation economics is a place in carried out economics that makes use of monetary concepts and quantitative techniques to investigate commercial enterprise agencies and the factors contributing to the range of organizational structures and the relationships of organizations with labor, capital, and product markets.
Company economics is an area of done economics that studies the monetary, organizational, market-associated, and environmental issues confronted by agencies. industrial organization economics encompasses topics inclusive of the concept of shortage, product elements, distribution, and intake. company is also the efforts and activities of someone who's generating items or presenting offerings with the reason to promote them for profits. commercial agency Definition. industrial corporation refers to an enterprising entity or company that contains professional sports. They may be commercial enterprises, industrial, or others.
To learn more about Business visit here:
brainly.com/question/15826118
#SPJ4
one of the primary goals of a good eprocurement system is to ensure efficient information transitions between the materials users, the purchasing personnel, and the suppliers. true false
True. One of the primary goals of a good e-procurement system is to ensure efficient information transitions between the materials users, the purchasing personnel, and the suppliers.
E-procurement is a digital trading process in which goods and services are bought and sold over the Internet. This process uses the vendor's closed system.
This means that only registered customers can use it and make use of it. Implementing e-procurement creates a direct link between suppliers and buyers and facilitates business-to-business (B2B) or business-to-consumer (B2C) processes such as emails, invoices, purchase orders, and quote optimization.
Helps streamline. As e-procurement is an online business activity, networked systems and web interfaces are used to operate the supply he chain.
The e-procurement process is a development in the 1980s that grew out of the introduction of Electronic Data Interchange (EDIT), a method of describing the transfer of data and information from one system to another.
Using EDI principles, electronic procurement allows companies to create online catalogs for their suppliers.
To learn more about e-procurement, here:
https://brainly.com/question/29751158
#SPJ4
kuzio corporation produces and sells a single product. data concerning that product appear below: per unit percent of sales selling price $ 130 100% variable expenses 78 60% contribution margin $ 52 40% the company is currently selling 6,000 units per month. fixed expenses are $263,000 per month. the marketing manager believes that a $5,000 increase in the monthly advertising budget would result in a 140 unit increase in monthly sales volume. what should be the overall effect on the company's monthly net operating income of this change? multiple choice increase of $2,280 increase of $7,280 decrease of $5,000
The overall effect of the increase in advertising budget on the company's monthly net operating income would be an increase of $2,280.
We must compute the change in the company's monthly sales, variable costs, and fixed expenses to establish the total impact of the increase in advertising on the company's monthly net operating income. Sales growth: A 140 unit increase in monthly sales volume, or 6,000 + 140 = 6,140 units, is anticipated as a result of the increased advertising. Variable costs will rise as a result of the increased sales; these costs account for 60% of the sales price, or $78 multiplied by 6,140, or $478,120. Increase in fixed costs: The corporation will continue to incur fixed costs of $263,000 each month.
Learn more about corporation here:
https://brainly.com/question/14656092
#SPJ4
which of the following statements is correct? question 24 options: a time line is not meaningful unless all cash flows occur annually. time lines are useful for visualizing complex problems prior to doing actual calculations. time lines cannot be constructed in situations where some of the cash flows occur annually but others occur quarterly. time lines cannot be constructed for annuities where the payments occur at the beginning of the periods. some of the cash flows shown on a time line can be in the form of annuity payments, but none can be uneven amounts.
b. Timelines can be constructed to deal with situations where some of the cash flows occur annually but others occur quarterly. This statement is correct.
What in time value of money is a time line?If any cash flows do not happen annually, a time line is meaningless. When certain financial flows occur annually while others happen quarterly, time lines might be created. Annuities with payments made at the start or end of the periods might have time lines established.
An annuity must have equal cash flows that are distributed at regular periods, such as once a year or once a month. The cash flows for an annuity must be equal and happen at equal intervals.
To know more about Timelines, refer to:
https://brainly.com/question/29056994
#SPJ1
companies use job cost sheets to track the costs of: multiple choice question. labor, marketing, and operating costs of a job
Multiple choice question: Businesses use job cost sheets to track the costs of. Costs of a job's labour, overhead, and marketing Costs of a job's labour, marketing, and operational expenses Costs of a job's materials, labour, and selling expenses.
What do business organisations go by?
Occasionally referred to as a C corp, a corporation is a legal body separate from its owners. Corporations have taxable income, are subject to taxation, and are liable in court. Corporations offer owners the strongest defence against personal liability, despite the fact that establishing a company is more expensive than establishing other forms of entities.
You cannot use a business name that has already been trademarked, even if the company is located in a different state than yours. There may be complicated trademark issues.
Know more about marketing Visit:
https://brainly.com/question/13414268
#SPJ4
explain how state income tax rates, as illustrated on the map, demonstrate the varied perspectives on economic policy-making.
State income tax rates can be used as an illustration of the varied perspectives on economic policy-making as they reflect different approaches to taxation and government spending across different states.
As the Map is Not provided; here are some of the perspectives on economic policy-making that are reflected by the State income tax rates.
States with higher income tax rates generally prioritize government-provided services such as education, healthcare, and infrastructure development, and have a greater willingness to fund those services through higher taxes on income. These states typically have more robust public services and are more likely to have a progressive tax system that taxes higher earners at a higher rate. States with lower income tax rates, on the other hand, generally prioritize a smaller government and lower taxes on income, often arguing that this will promote economic growth and stimulate private sector investment.
For example, states with high-income tax rates such as California, New York, and Minnesota tend to have larger public sectors that provide extensive social services to their residents. These states have traditionally viewed progressive taxation as a means of redistributing wealth and promoting social equity. In contrast, states with low-income tax rates such as Texas, Florida, and Tennessee tend to emphasize low taxes as a means of attracting business investment and creating jobs. These states argue that a low-tax environment is necessary to promote economic growth and encourage entrepreneurship.
Thus, the variation in state income tax rates demonstrates how different states balance competing priorities in their economic policy-making. While some prioritize government-provided services and social welfare, others prioritize smaller government and private-sector growth. The difference in perspectives on economic policy-making reflects not just political differences, but also differences in the economic challenges and opportunities faced by different states.
For more such questions on Income Tax: brainly.com/question/17075354
#SPJ4
allocative efficiency involves determining multiple choice which output mix will result in the most rapid rate of economic growth. which production possibilities curve reflects the lowest opportunity costs. the mix of output that will maximize society's satisfaction. g
The correct option is C. Allocative efficiency involves determining the mix of output that will maximize society's satisfaction.
Allocative efficiency is a term used in economics to describe the ideal state where resources are allocated in such a way as to maximize social welfare. This means that society is producing the right mix of goods and services, and they are being produced and distributed in the most efficient manner possible. Allocative efficiency occurs when the marginal benefit (MB) of producing a good or service is equal to the marginal cost (MC) of producing it.
In other words, it is the point where the demand curve and the supply curve intersect. Allocative efficiency is important because it ensures that the resources are being used in the best possible way, which leads to a more productive and prosperous society. When resources are allocated efficiently, there is no waste, and the economy can grow at a faster pace. However, it is not always easy to achieve allocative efficiency, as it requires the government, businesses, and individuals to make informed choices about how to use their resources.
To learn more about Allocative efficiency visit here:
brainly.com/question/30280642
#SPJ4
Complete Question:
Allocative efficiency involves determining
multiple choice
A). which output mix will result in the most rapid rate of economic growth.
B). which production possibilities curve reflects the lowest opportunity costs.
C). the mix of output that will maximize society's satisfaction.
D). The optimal rate of technological progress
Suppose that when the average family income rises from $30,000 per year to $40,000 per year, the average family's purchases of toilet paper rise from 100 rolls to 105 rolls per year.a. Calculate the income elasticity of demand for toilet paper.b. Is toilet paper a normal good or an inferior good?
The following questions have the corresponding responses: 1). For toilet paper, the income elasticity of consumption is 0.17. 2). Toilet paper is an everyday item. 3). Toilet paper consumption is income-inelastic.
What things are elastic in economics?A measure of the economic responsiveness of the quantity of a product or service requested to a change in income is called income elasticity of demand. The percentage change in quantity requested divided by the percentage change in income is the formula for calculating the income elasticity of demand.
Inelastic goods frequently have the same degree of demand regardless of income. Even if your salary rises, you won't need more than a gallon of milk or other weekly necessities like gas.
To know more about elasticity of demand, visit:
https://brainly.com/question/1048608
#SPJ1
how are direct lending and dealer financing similar?
There is direct lending, which entails taking out a loan from a bank, financial institution, or credit union. Additionally, you can apply for a car loan through your car dealer using dealership financing.
Direct lending requires you to pay interest and/or fees on the loan in addition to the financed amount. A type of loan initiated by a retailer for its customers is known as dealer financing. The loan is subsequently sold to other independent financial institutions or, more frequently, to a bank that buys these loans at a lower price. The borrower then pays the bank the principal and interest.
To learn more about financial, click here.
https://brainly.com/question/15886897
#SPJ4
a deadweight loss results from the imposition of a tax on a good because the tax group of answer choices induces the government to increase its expenditures. reduces the quantity of exchanges between buyers and sellers. causes a disequilibrium in the market. imposes a loss on buyers that is greater than the loss to sellers.
b) A good experiences a deadweight loss when a tax is imposed on it because it decreases the number of exchanges between buyers and sellers.
Describe tax.Tax compliance refers to both governmental activities and individual behavior in order to make sure that taxpayers are paying the correct amount of tax at the right time and receiving the correct tax allowances and tax reliefs.
A tax is a mandatory financial charge or another type of levy that a governing body imposes on a taxpayer (an individual or a business company) in order to cover particular public expenses and administrative costs (regional, local, or national). Between 3000 and 2800 BC, the first taxation in history was enacted in Ancient Egypt. Late payments, tax evasion, and opposition to taxation are all examples of breaking the law.
Learn more about taxes with the help of the given link:
brainly.com/question/16423331
#SPJ1
dollar thrifty told hertz and avis budget to submit their best and final proposals. in the end dollar thrifty combined with one of the companies in a(n)
The situation described in the prompt seems to refer to a corporate strategy known as a "competitive bidding process".
In this process, companies such as Dollar Thrifty request bids or proposals from potential business partners or competitors, usually with the objective of selecting the best offer or partner.
In the case described, Dollar Thrifty requested final proposals from Hertz and Avis Budget, likely to determine which company would be the best fit for a potential merger or acquisition. After reviewing the proposals, Dollar Thrifty decided to combine with one of the companies, suggesting that the chosen company had made the most compelling offer or was considered the best fit for Dollar Thrifty's needs.
The outcome of this competitive bidding process could have significant implications for the future direction and success of the companies involved. By combining with a strategic partner, Dollar Thrifty may have gained access to new markets, technologies, or resources, while Hertz or Avis Budget may have missed out on a potential opportunity for growth or expansion.
To learn more about competitive bidding process
https://brainly.com/question/28287003
#SPJ4
the records also contained an account titled retained earnings. based on this information the balance of the retained earnings account must be
Based on the information given, the balance of the Retained Earnings account must be $700. (Option C)
How do you determine the balance of retained earnings?To determine the balance of the Retained Earnings account, we need additional information such as the net income of the Coastal Company, as well as any dividends paid to shareholders.
However, we can use the accounting equation to help us determine the balance of the Retained Earnings account:
Assets = Liabilities + Stockholders' Equity
In this case, we have:
Assets = $500 (Cash) + $800 (Land) = $1,300
Liabilities = $200 (Notes Payable)
Stockholders' Equity = $400 (Common Stock) + Retained Earnings
We can rearrange the accounting equation to solve for Retained Earnings:
Retained Earnings = Assets - Liabilities - Common Stock
Retained Earnings = $1,300 - $200 - $400 = $700
Therefore, based on the information given, the balance of the Retained Earnings account must be $700.
To know more about Retained Earnings, visit:
brainly.com/question/14529006
#SPJ4
The complete question is:
The accounting records of Coastal Company contained the following account balances. Cash Land Notes Payable Common Stock $500 $800 $200 $400 The records also contained an account titled Retained Earnings. Based on this information the balance of the retained earnings account must be Multiple Choice $900 $500 o $700
if bob and judy combine their savings of $1,900 and $700, respectively, and deposit this amount into an account that pays 8% annual interest, compounded monthly, what will the account balance be after 5 years?
The account balance after 5 years will be approximately $3,533.67.
To solve this problem, we can use the formula for compound interest:
[tex]A = P(1 + r/n)^(n*t)[/tex]
where A is the ending account balance, P is the initial deposit, r is the annual interest rate (as a decimal), n is the number of times the interest is compounded per year, and t is the number of years.
Here, the initial deposit is the sum of Bob and Judy's savings, or $1,900 + $700 = $2,600. The annual interest rate is 8%, and the interest is compounded monthly, so n = 12 (since there are 12 months in a year). The time period is 5 years.
Plugging these values into the formula, we get:
[tex]A = $2,600(1 + 0.08/12)^(12*5)[/tex]
[tex]= $2,600(1.0066667)^60[/tex]
= $3,533.67
Therefore, the account balance after 5 years will be approximately $3,533.67.
To learn more about account balance please click on below link.
https://brainly.com/question/28699225
#SPJ4
2.over the past few decades, a number of firms that were sued for discriminatory employment practices ended up becoming exemplars for promoting diversity. what might explain this pattern?
There are several reasons why firms that were sued for discriminatory employment practices might end up becoming exemplars for promoting diversity:
Legal requirementsReputational damageBusiness benefitsCompetitive advantageThere are various reasons why companies that have been sued for discriminatory employment practices may wind up serving as role models for encouraging diversity:
Legal obligations: When businesses are sued for discrimination, they frequently have legal obligations to change their diversity and inclusion policies and practices.
Discriminatory tactics can have a negative impact on a company's reputation and brand image.
Firms are increasingly understanding the business benefits of a diverse and inclusive workforce. According to research, diverse teams are more imaginative, creative, and capable of solving complicated challenges.
Companies that are able to attract and retain diverse people can acquire a competitive advantage in the marketplace.
For such more question on business:
https://brainly.com/question/24553900
#SPJ4
