Broussard Skateboard's sales are expected to increase by 20% from $7.4 million in 2016 to $8.88 million in 2017. Its assets totaled $4 million at the end of 2016. Broussard is already at full capacity, so its assets must grow at the same rate as projected sales. At the end of 2016, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. The after-tax profit margin is forecasted to be 6%. Assume that the company pays no dividends. Under these assumptions, what would be the additional funds needed for the coming year? Do not round intermediate calculations. Round your answer to the nearest dollar.

Answers

Answer 1

The additional funds needed are negative, Broussard Skateboard will not require any additional funds for the coming year. In fact, they will have a surplus of $12,800.

To find the additional funds needed for Broussard Skateboard, we will follow these steps:

1. Calculate the growth in assets.
2. Calculate the increase in current liabilities.
3. Calculate the retained earnings for the year.
4. Determine the additional funds needed (AFN) by subtracting the increase in current liabilities and retained earnings from the growth in assets.

Step 1: Calculate the growth in assets
Assets must grow at the same rate as projected sales, which is 20%. The assets totaled $4 million at the end of 2016.
Growth in assets = Current assets * growth rate
Growth in assets = $4 million * 20% = $800,000

Step 2: Calculate the increase in current liabilities
Current liabilities at the end of 2016 were $1.4 million. Since the company is already at full capacity, we can assume that current liabilities will grow at the same rate as sales (20%).
Increase in current liabilities = Current liabilities * growth rate
Increase in current liabilities = $1.4 million * 20% = $280,000

Step 3: Calculate the retained earnings for the year
The after-tax profit margin is forecasted to be 6%, and the projected sales for 2017 are $8.88 million. The company pays no dividends, so all earnings are retained.
Retained earnings = After-tax profit margin * Projected sales
Retained earnings = 6% * $8.88 million = $532,800

Step 4: Determine the additional funds needed (AFN)
AFN = Growth in assets - (Increase in current liabilities + Retained earnings)
AFN = $800,000 - ($280,000 + $532,800) = $800,000 - $812,800 = -$12,800

Since the additional funds needed are negative, Broussard Skateboard will not require any additional funds for the coming year. In fact, they will have a surplus of $12,800.

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Related Questions

the manufacturing overhead budget at polich corporation is based on budgeted direct labor-hours. the direct labor budget indicates that 9,000 direct labor-hours will be required in february. the variable overhead rate is $9.70 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $102,600 per month, which includes depreciation of $18,190. all other fixed manufacturing overhead costs represent current cash flows. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for february should be: multiple choice $11.40 per direct labor-hour $18.80 per direct labor-hour $9.70 per direct labor-hour $21.10 per direct labor-hour

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the predetermined overhead rate for February at Polich Corporation is $21.10 per direct labor-hour

The predetermined overhead rate for February at Polich Corporation is $21.10 per direct labor-hour. This rate is calculated by adding up the total fixed and variable overhead costs for the month of February and dividing by the total number of direct labor-hours required for that month.

The variable overhead rate is $9.70 per direct labor-hour, which is multiplied by the budgeted direct labor-hours of 9,000 to get a total variable overhead cost of $87,300.

The fixed overhead costs for February are $102,600, which includes depreciation of $18,190. After subtracting depreciation from the fixed costs, we get $84,410 in current fixed costs.

The total manufacturing overhead cost for February is the sum of the variable and fixed overhead costs: $87,300 + $84,410 = $171,710.

To calculate the predetermined overhead rate, we divide the total overhead cost by the budgeted direct labor-hours for February: $171,710 / 9,000 = $21.10 per direct labor-hour.

Therefore, the predetermined overhead rate for February at Polich Corporation is $21.10 per direct labor-hour

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refer to exhibit 8 in the chapter on fiscal policy. using demand-side and supply-side fiscal policy theories, explain how a tax cut could either increase or decrease the price level.

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Tax cut could either increase or decrease the price level depending on the specific fiscal policy theory employed. Under demand-side fiscal policy theory, it can boost aggregate demand by increasing disposable income.

This increase in consumer spending can lead to a rise in prices due to increased demand for goods and services. On the other hand, supply-side fiscal policy theory suggests that a tax cut can stimulate production and supply of goods and services. This increase in supply could lead to a decrease in prices due to increased competition among producers.

However, a more detailed explanation would require considering other factors that can influence the effect of a tax cut on prices. For instance, the extent to which the tax cut is offset by other fiscal policy measures or changes in monetary policy, as well as the overall state of the economy, can significantly affect the outcome.

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which stage in the consumer decision process comes immediately after need recognition? multiple choice question.

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After need recognition, the next stage in the consumer decision process is information search. This is the stage where the consumer starts looking for information about possible solutions to their need or problem.

They may turn to personal sources such as friends and family, commercial sources such as advertising or salespeople, public sources such as the media or government agencies, or experiential sources such as trying out products themselves.The amount of information search that a consumer engages in depends on a number of factors such as the perceived risk associated with the purchase, the importance of the purchase, and the amount of knowledge the consumer already has about the product or service. The information search stage can be time-consuming and overwhelming, and consumers may use heuristics or mental shortcuts to simplify the decision-making process.Overall, the information search stage is crucial in the consumer decision process as it helps the consumer narrow down their options and make a more informed decision.

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beta corporation has two divisions, refining and extraction. the company's primary product is lucky oil. each division's costs are provided below: extraction: variable costs per barrel of oil $13 fixed costs per barrel of oil $6 refining: variable costs per barrel of oil $26 fixed costs per barrel of oil $36 the refining division has been operating at a capacity of 40,800 barrels a day and usually purchases 25,600 barrels of oil from the extraction division and 15,100 barrels from other suppliers at $62 per barrel. what is the transfer price per barrel from the extraction division to the refining division, assuming the method used to place a value on each barrel of oil is 110% of full costs?

Answers

The transfer price per barrel from the Extraction Division to the Refining Division is $20.90.

Extraction:
Variable cost per barrel = $13
Fixed cost per barrel = $6
Full cost per barrel = Variable cost per barrel + Fixed cost per barrel = $13 + $6 = $19
Now, to determine the transfer price, we need to use the method of placing a value on each barrel of oil at 110% of full costs. This means that the transfer price per barrel should be 110% of the full cost per barrel for the extraction division, which is $19 x 1.1 = $20.90.

Therefore, the transfer price per barrel from the extraction division to the refining division, assuming the method used to place a value on each barrel of oil is 110% of full costs, is $20.90.

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if you think your accountant got your tax docs wrong is it better to get an extension or amend laterT/F

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It is better to amend later if you think there are errors in your tax documents rather than getting an extension. So, the given statement is True.

If you think your accountant got your tax docs wrong, it is better to amend later rather than getting an extension. This is because getting an extension only provides more time to file your tax return, but it does not give you more time to correct errors or mistakes in your tax documents. If you believe that your accountant made an error in preparing your tax documents, it is important to address and correct those errors as soon as possible to avoid potential penalties or interest charges.

Amending your tax return allows you to correct any errors or mistakes on your tax return after it has been filed. You can use Form 1040X to amend your tax return, and you generally have up to three years from the original due date of the return to file an amended return.

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a higher roe means . (check all that apply.) multiple select question. stockholders may enjoy higher returns more shares of stock have been issued the company used financial leverage to its stockholders' advantage the p/e ratio must have decreased

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A higher return on equity (ROE) means that stockholders may enjoy higher returns, and the company used financial leverage to its stockholders' advantage. However, it does not necessarily mean that more shares of stock have been issued or that the P/E ratio has decreased. A higher ROE indicates that the company is generating more profits with the shareholders' investment, which can lead to higher dividends or stock price appreciation.

The company may have used debt financing to boost its returns, but it should be noted that too much leverage can also increase financial risk. Overall, a higher ROE is a positive indicator of a company's profitability and efficiency in generating returns for its shareholders.
A higher ROE (return on equity) means that:

1. Stockholders may enjoy higher returns: This is because a higher ROE indicates that the company is generating more profits relative to its shareholders' equity, potentially leading to increased dividends and capital gains for the stockholders.

2. The company used financial leverage to its stockholders' advantage: A higher ROE could also indicate that the company has effectively used debt financing (financial leverage) to increase its returns on equity, thus benefiting its stockholders.

However, a higher ROE does not necessarily mean that:

1. More shares of stock have been issued: The number of shares issued is not directly related to the ROE. It is possible for a company to have a higher ROE without issuing more shares of stock.

2. The P/E (Price-to-Earnings) ratio must have decreased: Although a higher ROE may lead to increased earnings, it does not guarantee that the P/E ratio will decrease. The P/E ratio depends on both the company's earnings and its stock price, which can be influenced by many factors beyond ROE.

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In the permissive economic climate of recent decades, transnational corporations frequently relocate their facilities in search of:.

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In the permissive economic climate of recent decades, transnational corporations frequently relocate their facilities in search of the least restrictive environmental regulations. The right answer is c.

One of the most crucial topics in international economics is transnational firms. They have a direct impact on emerging worldwide business trends, global competition on global marketplaces, as well as state and national economies.

A transnational corporation is a business that manages income and assets across multiple nations, engages in foreign ventures, or produces goods or services on a global scale. As land and labour are less expensive there, it establishes factories there. Business firms' shift towards integrated international investment might be considered as an intelligent choice to adapt to their environment.

The correct answer is option c.

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The question seems incomplete. The complete question is:

In the permissive economic climate of recent decades, transnational corporations frequently relocate their facilities in search of:.

a. World Social Forum

b. Cultural diversity

c. The least restrictive environmental regulations

the process of identifying and encouraging as many applicants as possible to apply for a position refers to employee recruiting.
T/F

Answers

True. Employee recruiting is the process of identifying and attracting potential candidates for a job vacancy within an organization.

The main objective of recruiting is to find the right talent to fill a job opening while maximizing the number of applicants and minimizing the cost and time required to do so. The process of recruiting involves several stages, including identifying the job opening, developing job descriptions and person specifications, identifying potential candidates, screening applications, conducting interviews, and selecting the best candidate for the job.

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the pv of future cash receipts from a charitable lead trust is treated as a deferred inflow with income recognized each year as it becomes available for . multiple choice question. private institutions only both public and private institutions neither public nor private institutions public institutions only

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The correct answer to the multiple choice question is neither public nor private institutions. The reason for this is that the treatment of the present value of future cash receipts from a charitable trust.

A charitable lead trust is a type of charitable trust in which the income generated from the trust's assets is paid to a charitable organization for a specified period of time, after which the remaining assets are passed on to non-charitable beneficiaries.


The treatment of the present value of future cash receipts from a charitable lead trust as a deferred inflow with income recognized each year as it becomes available is in accordance with the accounting principles of the Financial Accounting Standards Board (FASB).

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the premium payments of life insurance policies with cash surrender value include an insurance expense portion and a(n)

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The premium payments of life insurance policies with cash surrender value include an insurance expense portion and a savings portion.

The insurance expense portion is the cost of the actual insurance coverage, while the savings or investment portion is used to accumulate cash value over time. This cash value can be used to pay premiums, taken as a loan, or surrendered for its cash value.

The savings or investment portion can also earn interest or dividends depending on the policy. Overall, the premium payments for life insurance policies with cash surrender value have both an insurance expense portion and a savings or investment portion that work together to provide both protection and financial benefits to the policyholder. This is the main answer to your question with a detailed explanation.


In life insurance policies with cash surrender value, the premium payments consist of two parts. The first part is the insurance expense portion, which covers the cost of providing life insurance coverage, such as mortality risk, administrative expenses, and profit for the insurance company.

The second part is the savings portion, which accumulates over time and contributes to the policy's cash surrender value. The cash surrender value represents the amount the policyholder would receive if they decide to cancel or "surrender" the policy before its maturity or death benefit payout.

In summary, when you pay premiums for a life insurance policy with cash surrender value, you are essentially paying for both insurance coverage and building up a savings component within the policy.

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generally, consumer finance companies make loans to borrowers who have been refused loans at banks due to low income or poor credit.T/F

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Consumer finance companies specialize in providing loans and other financial services to individuals who may not qualify for traditional bank loans. Given statement is true

These borrowers may have low income, poor credit, or no credit history, making them higher-risk borrowers in the eyes of traditional banks. Consumer finance companies may be willing to take on this added risk by offering loans with higher interest rates and fees. While these loans may be more expensive for the borrower, they can provide access to much-needed funds and financial services. However, it's important for borrowers to carefully review the terms and conditions of these loans and ensure that they can afford the payments before taking on any debt.

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Fisafolia Corporation has gross income from operations of $426,600 and operating expenses of $362,610 for 2018. The corporation also has $42,660 in dividends from publicly traded domestic corporations in which the ownership percentage was 45%.
Below is the Dividends Received Deduction table to use for this problem.
Percent Ownership 2018 Dividends
Received Percentage
Less than 20 percent --> 50%
20 percent or more, but less than 80 percent --> 65%
80 percent or more --> 100%
If require, round final answers to the nearest dollar.
a. Calculate the corporation's dividends received deduction for 2018.$
b. Assume that instead of $426,600, Fisafolia Corporation has gross income from operations of $319,950.Calculate the corporation's dividends received deduction for 2018.$
c. Assume that instead of $426,600, Fisafolia Corporation has gross income from operations of $350,000. Calculate the corporation’s dividends received deduction for 2018.

Answers

In all three scenarios, the dividends received deduction for Fisafolia Corporation for 2018 is $27,729.

For Fisafolia Corporation in 2018, the total deduction for dividends received is $27,729.

to calculate the ownership proportion for the dividends of $42,660. The corporation comes into the 20% or more but less than 80% ownership category since its ownership ratio is 45%. As a result, 65% is the percentage that can be deducted for dividends received.

Deduction for Dividends Received = 65% x $42,660 = $27,729

The calculation for the dividends received deduction stays the same if the gross operating income is $319,950. The following would be the dividends received deduction:

Deduction for Dividends Received = 65% x $42,660 = $27,729

Since the percentage of ownership for the dividends is still 45%, the dividends received deduction calculation is unchanged if the gross income from operations is $350,000. Consequently, the deduction for dividends received would:
Dividends Received Deduction = 65% x $42,660 = $27,729

In all three scenarios, the dividends received deduction for Fisafolia Corporation for 2018 is $27,729.

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consumer sovereignty group of answer choices is the idea that consumers determine what is produced in the economy through their demands. is dependent on profits. is the idea that consumers can buy whatever they want to. is only possible in a monarchy.

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Consumer sovereignty is an important concept in the economy.

It is the idea that consumers have the power to determine what is produced in the economy through their demands. This means that businesses will produce more of what consumers want and less of what they don't want in order to maximize their profits.

However, this concept is not solely dependent on profits. It is also based on the idea that consumers have the freedom to buy whatever they want to. This is because consumers are content loaded and have their own preferences and values that guide their choices. This concept is not limited to a monarchy, but is a crucial part of a free-market system where consumers have the power to determine what is produced.

In conclusion, consumer sovereignty is a vital concept in the economy, and it is important to understand that it is based on the power of consumers and their freedom to choose.

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all of the following are international corporate-level strategies except the ___ strategy. group of answer choices A. multi-domestic B. universal C. global D transnational

Answers

All of the following are international corporate-level strategies except the universal strategy.

The option (B) is correct.

A firm that has undertakings in more than one country is known as a worldwide partnership (MNC). The greatest MNCs are focal parts inside the overall field. Walmart's yearly in everyday courses of action, for instance, are more noteworthy than the dollar worth of the whole economies of Austria, Norway, and Saudi Arabia.

Notwithstanding the way that Walmart will overall be viewed as an American retailer, the firm acquires 35% of its pay outside the US. Walmart claims tremendous amounts of stores in Mexico, Focal America, Brazil, Japan, the Assembled Realm, Canada, Chile, Botswana, and Argentina. Walmart similarly partakes in joint undertakings in China and India.

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Jan, an unmarried individual, gave the following outright gifts in 2017:
Donee Amount Use by donee Jones $16,000 Down payment on house Craig 15,000 College tuition Kande 5,000 Vacation trip Jan’s 2017 exclusions for gift tax purposes should total
1. $36,000
2. $33,000
3. $31,000
4. $27,000

Answers

When you add up these three exclusions, you get $16,000 + $15,000 + $5,000 = $36,000. So, the correct answer is option 1, $36,000.

Jan's 2017 exclusions for gift tax purposes should total $36,000. Here's the breakdown:
1. Jones: $16,000 (Down payment on house) - This amount is fully included in the exclusion as it is under the annual gift tax exclusion limit of $15,000 per person per year (for 2021; in 2017, the limit was $14,000).
2. Craig: $15,000 (College tuition) - This amount can also be excluded entirely under the educational exclusion provision, which allows individuals to pay for someone else's tuition without incurring gift tax. The payment must be made directly to the educational institution.
3. Kande: $5,000 (Vacation trip) - This gift is also within the annual gifta x exctlusion limit and can be fully excluded.
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which of the following is one of the five cs of pricing? multiple choice question. channel members
company taxes cost savings competitor staffing

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One of the five Cs of pricing is channel members. This refers to the different intermediaries or distributors involved in bringing a product or service to the end customer.

Pricing strategies must take into account the various markups and commissions charged by these channel members, as well as the potential impact on overall pricing and profitability. Understanding the role of channel members and their pricing structures can help companies develop effective pricing strategies that balance their own profit margins with the needs and expectations of their distribution partners and end customers.
Based on the terms you provided, the correct answer to your multiple-choice question is: cost savings. The five Cs of pricing are cost, competition, customers, channel members, and conditions. Cost savings is one of the five Cs because it directly affects the pricing strategy of a product or service. By considering cost savings, a business can set competitive prices while maintaining profitability. Channel members are also considered in the five Cs as they can influence pricing decisions through distribution and marketing activities.

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which of these is a weakness of the payback method? select all that apply. multiple select question. the payback benchmark must always be set at three years. the present value of the inflows is ignored. the initial investment is ignored. all cash flows after the payback period are ignored.

Answers

The weakness of the payback method includes the following:
1. The payback benchmark must always be set at three years: This is a weakness because it does not consider the time value of money. It assumes that all cash flows occur at the same time and ignores the fact that a dollar received today is worth more than a dollar received in the future.

2. The present value of the inflows is ignored: This is another weakness of the payback method. The payback method only looks at the cash inflows without considering the present value of those inflows. This means that the method does not take into account the fact that cash inflows in the future are worth less than cash inflows today.


3. The initial investment is ignored: The payback method also ignores the initial investment required to undertake a project. This means that the method does not consider the cost of capital, which is the rate of return required by investors to undertake a project.
4. All cash flows after the payback period are ignored: Finally, the payback method ignores all cash flows that occur after the payback period. This means that the method does not consider the long-term profitability of a project. It only looks at the time required to recover the initial investment.


In conclusion, the payback method has several weaknesses, including the fact that it does not consider the time value of money, the present value of cash inflows, the initial investment required, and all cash flows after the payback period. As a result, it may not be the most accurate or reliable method for evaluating investment opportunities.

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trisha works in an upscale department store. she has been instructed by the management staff that she can take up to 20% off a product if it appears damaged in some way. in addition, trisha is encouraged to help customers as she sees fit, including giving customers discount coupons on future purchases if they return a product because they weren't satisfied. the management at trisha's store is practicing a. empowerment. b. employee equity. c. standardization. d. quality control. e. relationship management.

Answers

In this scenario, if they return a product because they weren't satisfied. the management at Trisha's store is practicing empowerment.

The option (A) is correct.

Empowerment is an action to increment the level of independence and fearlessness in individuals and in the networks to assist individuals with representing their advantages in not set in stone and in that frame of mind, in their power.

In this unique situation, Trisha is requested by her administration from the store to act freely in circulating the rebate coupons on her judgment of the clients and to limit up to 20 percent in an item which is appeared to be harmed. Accordingly, they are enabling Trisha to go with her own choices and judgment regarding giving coupons to the clients.

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Which international organization actively campaigns for human rights?.

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One international organization that actively campaigns for human rights is Amnesty International.

This non-governmental organization focuses on promoting and protecting human rights globally. Through various campaigns, they address issues such as political repression, violence against women, and the use of torture. With a presence in over 150 countries, Amnesty International's 100-word mission is to create a world where every person enjoys all the human rights enshrined in the Universal Declaration of Human Rights and other international human rights standards.

They accomplish this through research, advocacy, mobilizing public support, and working with governments and organizations.

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the whole grain company produces three products from harvesting whole grains. to harvest the whole grain, it incurs costs of $30,000. the company allocates joint costs using the value basis method. using the chart shown, how much of the joint product costs should be allocated to the cake mix product? grain-based product pounds produced sales value bread 12,000 $ 50,000 cake mix 10,000 20,000 pasta 15,000 30,000 totals 37,000 $ 100,000 multiple choice $15,000 $20,000 $6,000 $10,000

Answers

To answer this question, we need to use the value basis method to allocate joint product costs. This method allocates costs based on the sales value of each product.
First, we need to calculate the total sales value of all three products: $50,000 + $20,000 + $30,000 = $100,000.
Next, we calculate the perc

percentage of the total sales value that each product represents:
- Bread: $50,000 / $100,000 = 50%
- Cake mix: $20,000 / $100,000 = 20%
- Pasta: $30,000 / $100,000 = 30%
Now we can use these percentages to allocate the joint product costs.
For the cake mix product, we allocate 20% of the $30,000 joint product costs:
- $30,000 x 0.20 = $6,000.

Therefore, the answer is $6,000.
In summary, the company should allocate $6,000 of the joint product costs to the cake mix product using the value basis method.

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Which of the following explains the development patterns for a country that has a large proportion of its economy engaged in the secondary economic sector?
A
The country exhibits extremely high land values as vast acreage is needed for manufacturing plants and luxury housing developments for manufacturing executives.
B
The country has an aging urban population and is importing day laborers from rural areas to keep up with the demands of production.
C
The country has a large population of well-educated labor, but it is widely dispersed around the country, distant from manufacturing facilities and employment opportunities.
D
The country has access to shipping lanes and inexpensive transport options that lead to establishment of factories close to raw materials or to markets, depending on the manufacturing process.
E
The country has available resources important to manufacturing, such as water and fossil fuels, but access is limited in many areas.

Answers

The development patterns of a country with a significant secondary economic sector are best explained by the presence of accessible shipping lanes and cost-effective transportation options, as mentioned in option D.

When a country has a large proportion of its economy engaged in the secondary economic sector (i.e. manufacturing), it is likely to develop patterns that are dependent on access to raw materials and markets. Therefore, the country with such an economy is likely to have established factories close to raw materials or to markets, depending on the manufacturing process. This is because access to shipping lanes and inexpensive transport options can be essential to the profitability of manufacturing businesses.

The development patterns for a country with a large proportion of its economy engaged in the secondary economic sector depend on access to raw materials and markets, which can be facilitated by shipping lanes and inexpensive transport options. Therefore, option D is the best explanation for the development patterns of such a country.

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hazel company has just purchased equipment that requires annual payments of $40,000 to be paid at the end of each of the next 4 years. the appropriate discount rate is 15%. what is the present value of the payments?

Answers

Given a certain rate of return, also known as a discount rate, the present value of an annuity represents the current value of the anticipated future payments from an annuity.

It is well knowledge that the annuity's present value decreases as the discount rate rises.We must employ the following formula to determine the current value of the payments:

PMT times [1 - (1 + r)-n]/r is equivalent to PV.

The annual payout ($40,000) is denoted by the acronym PMT.

15%, or 0.15, is the discount rate (r).

Since then, we have learned that n = 4 years.

The results are as follows: PV = $40,000 x [1 - (1 + 0.15), -4] / 0.15 PV = $119,051.52

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The dow jones industrial average index has an unusual weighting methodology.

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The Dow Jones Industrial Average (DJIA) index has an unusual weighting methodology because it is price-weighted.

In a price-weighted index like the DJIA, the stocks are weighted based on their individual stock prices. This means that higher-priced stocks have a larger impact on the index's movement than lower-priced stocks, regardless of the company's actual market capitalization or importance in the economy. This differs from other indices, such as the S&P 500, which use a market-capitalization-weighted methodology, where the weight of each stock is determined by its market capitalization relative to the total market capitalization of all stocks in the index.

The price-weighted methodology used in the DJIA has its advantages and disadvantages. One advantage is its simplicity, as it is easier to calculate and understand for many investors. However, the major disadvantage is that it may not accurately reflect the overall market performance, since higher-priced stocks have more influence on the index, even if they represent a smaller portion of the overall market. In contrast, market-capitalization-weighted indices like the S&P 500 provide a better representation of the market, as they consider both the stock price and the size of the company.

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the imposition of a tariff on roses a. increases the number of roses imported by 100. b. decreases the number of roses imported by 200. c. decreases the number of roses imported by 400.

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The imposition of a tariff on roses would likely decrease the number of roses imported by 400. A tariff is essentially a tax that is placed on imported goods, which makes those goods more expensive for consumers in the importing country. so, the correct option is C.

As a result, when a tariff is imposed on roses, the price of those roses would go up for consumers in the country where they are being imported. This would likely lead to a decrease in demand for imported roses, as consumers may opt to purchase cheaper alternatives, such as domestically-grown roses or other types of flowers.
In addition to decreasing the number of roses imported, a tariff could also have other economic effects. For example, it could lead to decreased profits for companies that rely on importing roses, as they may be forced to lower their prices in order to remain competitive. It could also lead to increased prices for consumers, as domestic growers may be able to charge higher prices for their roses in the absence of competition from imported roses.
Overall, while the imposition of a tariff on roses may be intended to protect domestic growers and producers, it is likely to have negative economic consequences for both consumers and businesses. Therefore, it is important to carefully consider the potential impacts of any trade policies before implementing them.

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you are an international business expert, and a [pick one: car, fast food, hotels, smart phones] company approaches you to seek guidance about investing in nigeria. you complete your analysis and submit your recommendations to the company. what approach would you adopt to ensure a successful investment? as part of your analysis use visuals to ensure data and facts are easily understood by your client

Answers

As an international business expert, I would recommend a car company to adopt a strategic partnership approach for successful investment in Nigeria.

Firstly, I would analyze Nigeria's economy, assessing its current state and growth potential. This would involve examining the country's GDP, inflation rate, foreign direct investment, and other economic indicators. Next, I would assess the political climate in Nigeria, looking at factors such as stability, corruption, and government policies that could impact the company's investment.


To ensure a successful investment in Nigeria, I would suggest forming strategic partnerships with local businesses, government entities, and financial institutions.

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a car dealership sells cars that were made in 2015 through 2020. let the cars for sale be the domain of a relation r where two cars are related if they were made in the same year

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In this scenario, the "sale" refers to the cars that are being sold by the dealership. While the "domain" refers to the set of all possible cars that can be related to each other based on the year they were made. The relation "r" between two cars is based on whether they were made in the same year. Therefore, the domain of the relation r would be the set of all cars made between 2015 and 2020 that are currently for sale at the dealership.


In the context of the car dealership, the domain of the relation r consists of cars for sale. that were manufactured between 2015 and 2020. Two cars are related in this domain if they share the same production year.

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Roberta Santos, age 41, is single and lives at 120 Sanborne Avenue, Springfield, IL 62701. Her Social Security number is 123-45-6780. Roberta has been divorced from her former husband, Wayne, for three years. She has a son, Jason, who is 17, and a daughter, June, who is 18. Jason’s Social Security number is 111-11-1112, and June’s is 123-45-6788. Roberta has never owned or used any virtual currency. She does not want to contribute $3 to the Presidential Election Campaign Fund. Roberta received the appropriate recovery rebates (economic impact payments); related questions in ProConnect Tax should be ignored.

Roberta, an advertising executive, earned a salary from ABC Advertising of $120,000 in 2020. Her employer withheld $19,000 in Federal income tax and $4,400 in state income tax.

Roberta has legal custody of Jason and June. The divorce decree provides that Roberta is to receive the dependency deductions for the children. Jason lives with his father during summer vacation. Wayne indicates that his expenses for Jason are $5,500. Roberta can document that she spent $8,500 for Jason’s support during 2020. In prior years, Roberta gave a signed Form 8332 to Wayne regarding Jason. For 2020, she has decided not to do so. Roberta provides all of June’s support.

Roberta’s mother died on January 7, 2020. Roberta inherited assets worth $625,000 from her mother. As the sole beneficiary of her mother’s life insurance policy, Roberta received insurance proceeds of $300,000. Her mother’s cost basis for the life insurance policy was $120,000. Roberta’s favorite aunt gave her $13,000 for her birthday in October.

On November 8, 2020, Roberta sells for $22,000 Amber stock that she had purchased for $24,000 from her first cousin, Walt, on December 5, 2015. Walt’s cost basis for the stock was $26,000. On December 1, 2020, Roberta sold Falcon stock for $13,500. She had acquired the stock on July 2, 2016, for $8,000.

An examination of Roberta’s records reveals that she received the following:

Interest income of $2,500 from First Savings Bank.

Groceries valued at $750 from Kroger Groceries for being the 100,000th customer.

Qualified dividend income of $1,800 from Amber.

Interest income of $3,750 on City of Springfield school bonds.

Alimony of $16,000 from Wayne; divorce finalized in May 2017.

Distribution of $4,800 from ST Partnership (Employer Identification Number: 46-4567893). Her distributive share of the partnership passive taxable income was $5,300. She had no prior passive activity losses. Assume that the qualified business income deduction applies and the W–2 wage limitation does not.

From her checkbook records, she determines that she made the following payments during 2020:

Charitable contributions of $4,500 to First Presbyterian Church and $1,500 to the American Red Cross (proper receipts obtained).

Payment of $5,000 to ECM Hospital for the medical expenses of a friend from work.

Mortgage interest on her residence of $7,800 to Peoples Bank.

Property taxes of $3,200 on her residence and $1,100 (ad valorem) on her car. $800 for landscaping expenses for residence.

Estimated Federal income taxes of $2,800 and estimated state income taxes of $1,000.

Medical expenses of $5,000 for her and $800 for Jason. In December, her medical insurance policy reimbursed $1,500 of her medical expenses.

A $1,000 ticket for parking in a handicapped space.

Attorney’s fees of $500 associated with unsuccessfully contesting the parking ticket.

Contribution of $250 to the campaign of a candidate for governor.

Because she did not maintain records of the sales tax she paid, she calculates the amount from the sales tax table to be $1,808.

Calculate Roberta’s net tax payable or refund due for 2020. Use the appropriate forms and schedules. Suggested software: ProConnect Tax.

Complete the 1040 with schedule 1, schedule A, schedule B, schedule D, schedule E and 8995 suporting schedule for year 2020

Answers

The net medical expenses:

Deductable expenses: $4,300

10% of gross total income: $10,985

What is Tax Return?

Submitting a tax return is a mandatory declaration for all individuals, businesses, and other entities to the respective governments in order to accurately calculate their collective profits, deductions, and resultant liabilities over a specified period, typically a single year.

This document provides governments with data to reconcile the amount of taxes due from or owed to the taxpayer. Different entities must submit returns according to their type, annual income sources, along with the applicable regional regulations in their place of residence or business activity.



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true or false: execution should be standardized by implementing best practices that are available through consulting companies and taught in business schools.

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Execution standardization can be beneficial by implementing best practices available through consulting companies and taught in business schools. However, it is important to consider that each organization is unique and may require a tailored approach.

Consulting companies and business schools offer valuable insights and strategies based on research, industry trends, and past experiences. Implementing these best practices can lead to improved efficiency, reduced errors, and increased profitability. Additionally, standardization allows for easier evaluation and comparison of performance across different teams and organizations.

On the other hand, blindly adopting standardized practices without considering the specific needs and culture of an organization can lead to a lack of flexibility and innovation. Organizations should critically assess these best practices and adapt them to their unique context, goals, and resources. A tailored approach allows for the development of innovative strategies and continuous improvement, which are essential for long-term success.

In conclusion, while implementing best practices from consulting companies and business schools can be beneficial for standardizing execution, it is important to balance this with the organization's specific needs and context. Adopting a tailored approach ensures that the organization remains flexible, innovative, and capable of achieving its unique objectives.

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shane pulled her car into the gas station just as the fuel gauge dropped below empty. in this example, shane benefited from the utility offered by the gas station. group of answer choices creation place value marketing quality\

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The gas station provides valuable utility to its customers by offering quality products and services. Here option D is the correct answer.

The situation described in the example highlights the utility offered by the gas station to its customers. Utility refers to the usefulness or satisfaction that a consumer derives from a product or service. In this case, the gas station provides the utility of fuel to Shane, allowing her to continue using her car.

The utility provided by the gas station can be attributed to various factors such as creation, place value, marketing, and quality. However, in this specific scenario, the most relevant factor that contributed to the utility experienced by Shane is quality.

The quality of the fuel offered by the gas station determines its ability to meet the needs of Shane's car. The gas station must ensure that the fuel it provides is of good quality and meets the necessary standards. This ensures that the car runs smoothly and efficiently, minimizing the likelihood of breakdowns or other issues.

In addition, the quality of other services offered by the gas station such as tire inflation, windshield cleaning, and convenience store offerings can also enhance the overall utility of the gas station.

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Complete question:

Shane pulled her car into the gas station just as the fuel gauge dropped below empty. in this example, Shane benefited from the utility offered by the gas station. group of answer choices

A - creation

B - place value

C - marketing

D - quality

5) If the inverse demand curve a monopoly faces is p = 100 -2Q, then profit maximization
A) is achieved when 25 units are produced.
B) is achieved by setting price equal to 25.
C) is achieved only by shutting down in the short run.
D) cannot be determined solely from the information provided.

Answers

To find the profit-maximizing output level and price for a monopoly, we need to use the marginal revenue (MR) and marginal cost (MC) approach.

The MR for a monopolist is the change in total revenue from selling one additional unit of output. It is equal to the inverse demand curve. So, in this case, MR = 100 - 2Q. The MC is the cost of producing one additional unit of output. We assume that the cost function is such that MC is upward-sloping.

To find the profit-maximizing level of output, we equate MR and MC and solve for Q. So, 100 - 2Q = MC. Now, we need information on the cost function to determine the MC. Since no information on the cost function is provided, we cannot determine the profit-maximizing output level and price solely from the information provided.

Therefore, the correct answer D) cannot be determined solely from the information provided. It is worth noting that if we had information on the cost function, we could determine the profit-maximizing output level and price by solving the equations MR = MC and the inverse demand curve for Q and P. Once we know Q, we can substitute it back into the inverse demand curve to get the profit-maximizing price.

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