Variable costs are costs that fluctuate in proportion to production and sales.
Fixed costs are costs that do not depend on quantity. Fixed costs are typically costs that are based on time rather than the amount a business produces or sells.
Fixed cost:
In accounting and economics, "fixed costs", also called overheads or overheads, are operating costs that do not depend on the quantity of goods or services produced by a business. They usually occur on a regular basis like interest or rent paid monthly. These costs are also typically capital costs. This is in contrast to variable costs, which are volume dependent (and paid per volume produced) and unknown at the beginning of the fiscal year. Fixed costs affect the nature of certain variable costs.
For example, retailers must pay rent and utilities regardless of sales. As another example, for a bakery, monthly rent and phone lines are fixed costs, regardless of how much bread is produced and sold. Wages, on the other hand, are variable costs. Because to increase production, you need to hire more workers.
Variable Cost:
Variable costs are operating costs that vary in proportion to the volume a business produces or sells. Variable costs increase or decrease based on a company's production or sales volume. It increases when production increases and decreases when production decreases.
Examples of variable costs include raw material and packaging costs for manufacturers, credit card transaction fees for retailers, and shipping costs that fluctuate with sales. Variable costs can be compared to fixed costs.
Total variable cost = total production x variable cost per unit of production
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true or false : The percent of each age group of an accounts receivable aging that is expected to become uncollectible is determined by generally accepted accounting principles.
False: According to generally accepted accounting principles, a certain percentage of each age group of accounts receivables is predicted to become uncollectible.
What is the uncollectible method not allowed by GAAP?The immediate write-off approach is not permitted by GAAP. By failing to correctly record bad debt expense in the same period as the associated sale, it violates the matching principle. The direct write-off approach may be used by nonpublic businesses that are tiny and have few receivables for the sake of simplicity.Only the allowance technique is an acceptable approach for estimating uncollectible accounts receivable under U.S. GAAP. When a corporation uses the allowance method, which adheres to the matching principle, it records bad debt expense when it believes there is a significant possibility the receivable won't be recovered.The receivable balance in each of the ageing categories is multiplied by a reserve rate to determine the allowance for uncollectible accounts (see table below).To learn more about accounting refer to:
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exhibit 19-3 price of good a quantity demanded of good a quantity supplied of good a $5.50 5 55 $4.50 15 45 $3.50 25 35 $2.50 35 25 $1.50 45 15 $0.50 55 5 refer to exhibit 19-3. when price decreases from $3.50 to $2.50, the price elasticity of supply is group of answer choices 0. 1.0. 5.0. 0.1. 0.5.
Price elasticity of supply measures the sensitivity of supply to price changes.
What does price elasticity of supply mean?
More specifically, it is the percent change in quantity of a commodity or service offered in response to a 1% change in the price of that good or service. If the price increases from $3. From $50 to $2.50, the price elasticity of supply is 0.5, meaning that supply will increase by 0.5% for every percentage price decrease. This suggests that the supply of the good is relatively elastic, which means that the manufacturers of the good ones are willing to supply more when the price is lower. The price elasticity of supply measures the response of suppliers to changes in the price of a good. In Figure 19-3, if the price of well A increases from $3.50 to $2.50, the quantity supplied increases from $25 to $35. This means that the supply of well A is elastic. When the price goes down, suppliers are more willing to supply more products, leading to an increase in supply. In this case, the price elasticity of supply is 0.5, which means that for every 1st price increase, supply increases by 0.5%.
This shows that suppliers react very quickly to price changes and react quickly by using the Increase supply when the price drops.
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when businesses receive a tax cut on manufacturing a particular good, the supply curve for that good shifts:
The supply curve will move right due to the increase in the supply.
What is supply curve?The relationship between the price of an item or service and the volume supplied over a specific time period is represented graphically by the supply curve. The price will typically be shown on left vertical axis of an example, and the quantity given will be shown oN horizontal axis. The supply curve, which embodies the law of supply, will incline higher from left to right: The amount supplied rises as the cost of a certain good rises (all else being equal). According to the economics principle of supply and demand, the quantity of an item that is available for sale (the supply) and the quantity that consumers want will balance out to create its price (the demand).
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indicate which organization this statment best disecribe: hisotrically, has tried to keep overhead cost as low as possible
To help non-profit organizations understand the criteria for determining indirect costs, this Indirect Cost Rate Guide (Guide) has been created.
What does "organization" mean to you?A group of people who cooperate is known as an organization. Examples of such groups include unions, corporations, charities, and neighborhood associations. The term "organization" can be used to describe a person, a company, a group, or the process of creating something.
What exactly is a company, for instance?A club, corporation, charity, or political party are all examples of official groups of individuals. These specialty schools are primarily offered by nonprofit institutions.
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6. The risk-free rate of return is 3.68 percent and the market risk premium is 7.84 percent. What is the expected rate of return on a stock with a beta of 1.32?
The expected rate of return on a stock with a beta of 1.32 can be found to be 14. 03 %
How to find the expected return ?When given the market risk premium, the risk - free rate, and the beta of the tock, you can find the exepected value of the stock by using the Capital Asset Pricing Model ( CAPM).
The formula for the Capital Asset Pricing Model is:
= Risk - free rate + Beta x Market risk premium
= 3. 68 % + ( 1.32 x 7. 84)
= 3. 68 % + 10. 35
= 14. 03 %
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WILL GIVE BRAINLIEST
How do managers estimate
fixed and variable labor costs?
By developing a staffing quide
Through job analysis
Solely by the use of forecasting
tools
By comparing productivity and performance standards
Answer:
Managers can estimate fixed and variable labor costs by using a combination of methods, such as:
Developing a staffing guide: Managers can use historical data and forecasting tools to estimate the number of employees needed to meet demand, and then use this information to develop a staffing guide. This guide can help managers to estimate the fixed labor costs associated with maintaining a certain number of employees, such as salaries and benefits.
Through job analysis: Managers can analyze the tasks and responsibilities of each job to determine the specific labor costs associated with each position. This can help managers to identify which costs are fixed and which are variable.
By comparing productivity and performance standards: Managers can compare the productivity and performance of employees to industry standards to determine if labor costs are in line with expectations. This can help managers to identify any inefficiencies or areas where costs can be reduced.
Solely by the use of forecasting tools: Managers can use forecasting tools to predict the demand for goods or services, and then use this information to estimate the number of employees needed to meet that demand. This can help managers to estimate the fixed and variable labor costs associated with meeting that demand.
It's worth noting that the most effective method of estimating fixed and variable labor costs is likely to be a combination of these methods, as they provide different perspectives on labor costs.
The marginal cost is the (total, incremental increase in) cost associated with an increase in the activity. Claire is deciding whether to continue studying for an upcoming exam in her economics course. She has already studied quite a bit and knows the stuff pretty well. She already knows to "think at the margin" and thus is considering whether to spend one additional hour studying Part 3: Which of the following captures the marginal benefit associated with Claire's decision to continue studying: (1) her score on the upcoming exam, or (ii) the amount by which her score will increase if she studies for one additional hour? Part 4: Which of the following captures the marginal cost associated with Claire's decision to continue studying : (i) the opportunity cost of the total amount of time she spends studying for the upcoming exam, or (ii) the opportunity cost of the additional hour of studying? transcriptor transcript mel new.docx final upload unoffi....pdf final application fo....pdf
The amount by which Claire's score will rise if she studies for one more hour best depicts the marginal advantage associated with her decision to keep studying.
Which of the aforementioned claims regarding marginal analysis is accurate?Comparing the effects of taking one more step in something is called marginal analysis. The change brought on by an extra unit of a variable is examined using the marginal analysis. For instance, the benefit gained from consuming one more unit of a good is referred to as marginal utility.
How do marginal benefit and marginal cost compare at this level of the variable?Within manufacturing and production, investment, and consumption, marginal benefit and marginal cost are related in a number of significant ways. The final unit that is created or consumed has a marginal cost (MC), which is its price, whereas the last unit's marginal benefit is its utility.
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Sole proprietors are permitted tax deductions for health costs paid from their earnings in the amount of
a. costs that exceed 7 1/2 % of AGI
b. costs that exceed 10% of AGI
c. 100% of costs
d. no deduction permitted
Tax deductions for health expenses paid from earnings are allowed for sole propreitors up to: c. 100% of expenditures. A taxpayer must decide between the standard deduction and additional deductions when calculating their taxable income.
A taxpayer is any individual or organisation that owes taxes to the federal, state, or local governments. Governments mostly obtain their funding from taxes on both citizens and companies. The word "taxpayer" first appeared at a time when cheap buildings were built in crowded places so that landowners could recuperate their property taxes.
Regardless of whether the taxpayers are firms or sole propreitors, the money is referred to as taxpayers' money. Public funds are all quantities of money that the government invests or spends to meet current or future demands. The total gross income of a person is reduced by a variety of defined deductions, such as payments to retirement accounts, student loan interest, and health savings accounts, to arrive at their adjusted gross income. Taxes are calculated using a person's adjusted gross income, not just their gross income.
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Which of the following changes in the supply of and the demand for a good will definitely result in a decrease in both the equilibrium price and quantity of the good? Supply Demand (A) Increase Increase (B) Increase No change (C) No change Decrease (D) Decrease Increase (E) Decrease Decrease
The equilibrium price will drop with a drop in demand and supply will increase less than demand. The equilibrium price will decrease with an increase in supply while the quantity required will rise, all other factors being equal.
What is Shifts in Demand and Supply?Any demand and supply model will experience a change in demand or supply if one of the variables (shifters) that is constant changes. The equilibrium price and quantity for an item or service are altered by a shift in the supply or demand curve.The information regarding shifts in coffee supply and demand is included in the section under "Changes in Demand and Supply." Increase in Demand A reduction in demand is shown in Figure 3.3. Figure 3.09, "An Increase in Supply," "A Reduction in Supply." The initial equilibrium price in each scenario is $6 per pound, with the initial equilibrium quantity in each scenario being 25 million pounds of coffee each month.The film "Changes in Demand and Supply" depicts what occurs as demand rises, falls, supply rises, and supply falls. After that, we investigate what transpires when both curves move at the same time. Below, we discuss each of these options individually.To Learn more About demand and supply refer TO:
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The following table shows the nominal GDP (in millions of current US dollars) and the population (in thousands of the US, China, and Luxembourg in 2015 (source: The World Bank). Based on this information which of the following statements is correct? US: $18,036,648.00 (GDP); 321,418.82 (Population) China: $11,007,720.59 (GDP); 1,371,220.00 (Population) Luxembourg: $57,793.61 (GDP); 569.68 (Population)a) China had the highest GDP per capita of the three countries. b) China's GDP per capita was $8,027,684. c) The US had the highest GDP per capita of the three countries. d) Luxembourg's GDP per capita was more than 10 times that of China's.
d) Based on this information which of the following statements is correct Luxembourg's GDP per capita was more than 10 times that of China's.
The Gross Domestic Product (GDP) measured at the current market prices is referred to as the nominal GDP. The value of all commodities and services produced in a specific time period less the value of those created throughout the production process is the nominal GDP, to put it simply. GDP measures the monetary worth of all the goods and services a nation produces. One way to gauge the health of the economy is through nominal GDP. It varies from real GDP in that the latter does not take inflation-related price fluctuations into account.
Resources are distributed according to a number of interconnected processes that make up the economy. Production, distribution, and consumption of commodities and services are just a few of these processes. The people who live in the economy need these products and services.
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one of the most dramatic changes in connectivity and communications in the past few years has been blank.
The past few years have seen one of the most significant developments in connection and communications. use of mobile devices with wireless internet connectivity is widespread.
A Wi-Fi network is just a wireless router in a home or business that distributes an internet connection to several devices. Your internet modem is immediately connected to your router, which serves as a hub to distribute the internet signal to all of your Wi-Fi capable devices. This allows you the freedom to continue using the internet as long as you're in your network's service region.
Mobile and dedicated hotspots are gaining popularity as a secure mobile connection option. Your smartphone and a jetpack are two popular hotspot devices. A excellent choice if you periodically need one is today's nearly all smartphones and tablets, which may be utilized as a temporary hotspot. Although it's simple to use and doesn't call for the purchase of additional equipment, it has a nasty habit of quickly draining your data and battery. A jetpack, on the other hand, functions as a specialized mobile hotspot and, like a smartphone, can receive a signal from nearby cell towers. It gives a wider Wi-Fi range and can connect to more devices.
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If the regulation of a monopoly results in a price equal to marginal cost but the price is below average total cost:
a) efficiency in allocation will be less.
b) the firm will need subsidies to stay in business.
c) the firm can still make an economic profit.
d) the firm will earn only a zero economic profit.
If the regulation of a monopoly results in a price equal to marginal cost but the price is below average total cost the firm will need subsidies to stay in business.
A market arrangement known as a monopoly has just one supplier for a given good. Price and marginal cost are equal in a completely competitive market since they are also equal in average total cost, allowing businesses to turn a profit. The firm can, however, charge a greater price than the marginal cost in a monopoly market, and the difference between price and marginal cost is known as economic profit.
In this situation, the firm won't be able to cover its average total cost, which consists of both variable and fixed costs, if the regulator regulates monopoly to charge a price that equals marginal cost. As a result, the company won't be able to turn a profit and would require subsidies to stay in business.
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which of the following areas of the law are of special concern to international businesses? (check all that apply.)
The following areas of the law are of critical concern to international businesses
performance of contracts in an international settinglitigation in an international settingextraterritorialityWhat is international litigation?International litigation, also known as cross-border litigation, is the process of resolving a dispute between businesses or people who are located in different countries. International trade is the movement of goods, services, capital, technology, and/or information across national boundaries and on a global or transnational scale. cross-border trade in goods and services between two or more nations.
Judgment is nothing more than the management of cases before international tribunals, such as the Inter-American Court of Human Rights, the European Union Court of Justice, and the International Court of Justice.
The defendants must approve of the action, and both parties must agree to abide by the verdict.
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Complete question:
Which of the following areas of the law are of special concern to international businesses? (Check all that apply.)
performance of contracts in an international setting
litigation in an international setting
immunity from prosecution of visiting foreign heads of state
extraterritoriality
match the five stages that a prospective buyer goes through, known as the hierarchy of effects, to their definitions.
The five stages that a prospective buyer goes through, known as the hierarchy of effects, to their definitions is Awareness with the consumer's ability to recognize and remember the product of brand name.
The other matchings which a prospective buyer goes through would be Interest, evaluation, trial and adoption. The interest is related to the increase in the consumer's desire to learn about some of the features of the product or brand. It means that they find the quality of the product more essential than its price and thus they wish to buy products which they perceive to be of higher quality. In the Evaluation process, the consumer's appraisal of the product or brand on essential attributes carries greater importance. Trial is the stage in which the consumer's first purchase and use of the product or brand are counted. Adoption is linked with the favorable experience of the first use and the consumer's repeated purchase.
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Marketers have embraced societal responsibility through ________, which seeks to meet today's economic, environmental, and social needs without compromising the opportunity for future generations to meet theirs.
Marketers have embraced societal responsibility through Sustainable Marketing which seeks to meet today's economic, environmental, and social needs without compromising the opportunity for future generations to meet theirs.
What is Sustainable Marketing ?The act of producing, disseminating, and providing value to clients in a way that preserves or improves both natural (resources provided by nature) and human (resources provided by people) capital is known as "sustainable marketing."
An illustration would be when a company employs innovative packaging or marketing to make their product appear more ecologically friendly than it actually is. For instance, utilizing a lot of the color green and images of nature or wind turbines to give the impression that something is "green."
Consumer-oriented marketing, customer value marketing, inventive marketing, sense-of-mission marketing, and societal marketing are five sustainable marketing concepts that should serve as a guide.
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_____ considerations affecting the wholesaler choice include how often a product is purchased and how long a customer is willing to wait to receive the product.
A) market
B) transactional
C) product
D) buyer
E) logistic
Logistic considerations affecting the wholesaler choice include how often a product is purchased and how long a customer is willing to wait to receive the product.
Option E is correct.
What is a customer ?A person or organization that purchases goods or services from a company is a customer. Customers are crucial to the success of any business because they bring in the money needed to run it. From individual consumers to large corporations, customers come in all sizes.
Businesses must comprehend their customers and devise strategies to meet their requirements in order to ensure customer satisfaction and a positive customer experience. By providing excellent customer service and cultivating a culture that is focused on the needs of customers, businesses should also strive to develop relationships with their clients. In today's business environment, long-term loyalty and trust are essential. This will assist in building those relationships.
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Aviation Incorporated has 129,000 shares authorized, 119,000 shares issued and no treasury stock. Determine the number of shares outstanding:O 0. O 129.000 O 10,000 O 119,000
Aviation Incorporated has 129,000 shares authorized, 119,000 shares issued and no treasury stock. The number of shares outstanding is 119000.
Number of shares outstanding= issued shares-treasury stock
= 119000-0 = 119000.
What do outstanding shares mean?
The stock that all of a company's shareholders now enjoy is appertained to as shares outstanding. These correspond of defined shares possessed by company officers and interposers as well as share blocks held by institutional investors. The number of shares outstanding for a pot isn't constant and can change drastically over time. When a corporation issues more shares or when employees exercise stock options, the number of outstanding shares rises.
How are outstanding shares determined?
The number of issued shares less the number of shares kept in the company's treasury equals the number of stocks outstanding.
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Ffind the equivalent taxable yield of the municipal bond for tax brackets of zero, 10%, 20%, and 30%, if it offers a yield of 3.00%. (round your answers to 2 decimal places.)
If the same available yield of the taxable yield for charge sections of zero, 10%, 20%, and 30%, if it offers a yield of 3.00% are 3% 3.75%, 4.28%
Equivalent taxable yield
Utilizing this equation
Identical available yield (r) = r/1-t
How about we plug in the recipe
a. r = 0.03/1 - 0
r= 0.03×100
r= 3%
b. r =0.03/1 - 0.10
r=0.03/0.9
r= 0.0333 ×100
r= 3.33%
c. r =0.03/1-0.20
r=0.03/0.8
r= 0.0375×100
r=3.75%
d. r = 0.03/1-0.30
r=0.03/0.7
r= 0.0428 ×100
r=4.28%
Subsequently on the off chance that the equivalent taxable yield of the municipal bond for tax brackets of zero, 10%, 20%, and 30%, on the off chance that it offers a yield of 3% are:3% 3.75%, 4.28%
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1. assume that the company uses absorption costing. compute the unit product cost for one gamelan. (round your intermediate calculations and final answer to the nearest whole dollar amount.)
the unit product cost for one gamelan $826.82 and $745.
Why do fixed costs exist?900 000 dollars in fixed manufacturing overhead
Absorption differs from variable costing in that the latter includes the fixed expenses of manufacturing in its product costs.
Giving the following information:
Units produced 11,000
Variable costs per unit:
Direct materials $ 250
Direct labor $ 440
1) Absorption costing:
Unitary fixed manufacturing overhead= 900,000/11,000= $81.82
Unit product cost= 250 + 440 + (55+81.82)= $826.82
2) Variable costing:
Unit product cost= 250 + 440 + 55= $745
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Which of the following orientations looks at financial profits, the community in which the organization operates, and creating sustainable business practices?
Triple-bottom-line orientation looks at financial profits, the community in which the organization operates, and creating sustainable business practices.
According to the triple bottom line (TBL) economic theory, businesses should pledge to give social and environmental issues the same amount of attention as earnings. According to TBL theory, there should be three bottom lines: profit, people, and the environment.
The triple bottom line hypothesis broadens the definition of business success indicators to take into account contributions to social, economic, and environmental well-being. People, planet, and prosperity are sometimes referred to as the three "P's" in terms of the bottom line.
Sort the bottom line of the company into three groups: social, environmental, and economic. Describe the advantages and disadvantages of each category. Use conventional accounting techniques to determine net income to reflect the first of the three bottom lines.
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The correct question is:
A business orientation that looks at financial profits, the community in which the organization operates, and creating sustainable business practices. (the financial bottom line, the social bottom line, the environmental bottom line)
Which of the following is/are EXTERNAL environmental factors that affect(s) performance-based pay?
(a) Business strategy. (b) Company culture.(c) The legal environment. (d) The firm’s financial resources. (e) All of the preceding.
c) The legal environment. The EXTERNAL environmental elements that have an impact on performance-based compensation are the legal environment.
The laws enacted by the government and the judgements made by the numerous commissions and agencies at all levels of the government make up the legal environment. Every firm must act in accordance with local laws if it wants to do business there. The legal environment is composed of a number of legislation, such as the Companies Act of 2013, the Consumer Protection Act of 1986, the Foreign Trade Policies, and others. The legal environment consists of a variety of laws established by the government, administrative rules handed down by the government, court rulings, as well as decisions made by numerous commissions and agencies at every level of the federal, state, and municipal governments.
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In 1995, facing severe fiscal difficulties, Yeltsin's government adopted a program under which the state would borrow money from the oligarchs in exchange for select state assets (including state-owned shares in oil companies). The catch was: if the state couldn't pay the load on time, the oligarchs would be entitled to buy the properties outright. This deal that many economists call "rigged" became known as...
The deal done by the Russian President that many economists call "rigged" became known as loan for shares.
Russian President Boris Yeltsin initiated an aggressive privatization drive in the early and mid-1990s. Firms were sold at a rate of roughly 800 per month in what was the greatest sell-off of state-owned property in history, and by the time it was over, 77 percent of Russia's major and mid-size enterprises and 82 percent of the small ones were private. The 15,000 privatized enterprises produced two-thirds of all industrial production and employed 60% of all industrial workers. The privatized 85,000 shops, restaurants, small businesses, and service companies accounted for 70% of the national total. The privatization program was fundamental to economic restructuring and was a significant factor in foreign loans and investment in Russia's economy. The privatization of Russian industry appeared to proceed reasonably well on the surface, but the reality was quite different.
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In an attempt to have funds for a down payment in three years, James Dupont plans to save $4,450 a year for the next three years. With an interest rate of 5 percent, what amount will James have available for a down payment after the three years? Use Exhibit 1-B. (Round FVA factor to 3 decimal places and final answer to 2 decimal places.)
James Dupont will have $5,111.15 available for a down payment after three years if he saves $4,450 annually and earns 5% interest on his savings.
The future value of an investment, also known as the maturity value or terminal value, is the amount that an investment will be worth at a specific point in the future. It takes into account the interest earned on the initial investment and the length of time the investment is held. The formula to calculate future value is as follows FV = PV (1+r)^n. In this case, James Dupont has an initial investment of $4,450, an annual interest rate of 5% and a saving period of 3 years. By using the formula above we calculate the future value of his investment FV = $4,450 x (1+0.05)^3 = $5,111.15.
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In a make or buy decision, management should consider all of the following EXCEPT: a Available capacity b Sunk costs c Incremental costs d Product quality e Employee morale
In a make or buy decision, management should consider all factors except e Employee morale. A make or buy decision is a strategic decision made by management to determine whether a company should produce a product or service internally or purchase it from an external supplier.
Factors such as available capacity, sunk costs, incremental costs and product quality are all relevant in this decision as they impact the overall cost and efficiency of the production process. However, employee morale is not directly relevant to the make or buy decision, it might have an indirect impact on the company's performance.Management should take into account all aspects of a make or purchase choice, with the exception of employee morale. Make or buy decisions are made strategically by management to choose whether a firm should manufacture a good or service in-house or acquire it from an outside vendor. This choice must take into account a number of variables that affect the total cost and effectiveness of the manufacturing process, including the amount of resources, sunk costs, incremental expenses, and product quality. The success of the firm may be impacted indirectly by employee morale, even if it is not directly related to the make or purchase choice.
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you have just started college and you are having a discussion with your parents about how your college will be funded. your parents explain that they have been investing in a college savings plan for the past 15
Your parents explain that over the previous 15 years, they have invested in a college savings plan that has generated an average return of 6.0% annually.
What would you consider generated?
As in the verbs procreate, beget, and bring into existence: produce. To arise through a physiological, chemical, or physical process.
something coming into existence Her most recent film has garnered a lot of interest and vigour. The new construction will create 1,500 new employment. The club's ability to generate income will increase thanks to the sale of meals.
Any information that was created as a result of research and development activities is referred to as generated information (for example, tangible materials, data, software, research products, and information first produced by the Parties in the performance of the Statement of Work).
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Which of the following is a standard form that is also an official document used when applying for a job?
Job application:
Marital status:
Continue
all answers are correct
Out of the provided choices, it may be stated to conclude that a job application is a standard form that is also an official document used when applying for a job. Therefore, the option A holds true.
A job application is to regarded as a standard form of procedure which is to be duly filled and submitted by the individual who intends to make an application for the job defining the position, as such. Moreover, it is also to be taken into consideration that a job application is also the official document pertaining to the same.
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Firms use the five forces model of competition to identify the ______ of the industry. It is measured by its _______.
A) size; number of competitors.
B) globalization; export percentages.
C) hypercompetition; technology diffusion.
D) attractiveness; profitability.
Firms use five forces model of competition to identify attractiveness of industry. It is measured by the profitability.
What is profitability?Though they are quite similar, there is a significant distinction between profit and profitability. Profit is a definite quantity, but profitability is a concept that is relative. It serves as a benchmark for calculating the ratio of a company's total earnings to its size. Profitability, which serves as a gauge of effectiveness, ultimately determines success or failure. Another definition of profitability is the degree to which a business can generate a return on investment based on its resources as opposed to a different type of investment. A corporation may make money, but that does not always imply profitability. A profit estimate alone cannot accurately represent the worth of a company's investment to investors.
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Demand for Bartlett pears is relatively elastic compared to the supply of Bartlett pears, so if a tax is imposed on consumers of Bartlett pears, the tax incidence: will fall on consumers more than producers. will fall on producers more than consumers. cannot be determined without more information. will fall equally on consumers and producers.
(B) Bartlett pear consumers would pay more in taxes if they were subject to them than producers would in the given situation.
What do we mean by relatively elastic?Demand is said to be relatively elastic if there is more variation in the quantity desired of an item or service than in its price.
A good or service has perfectly inelastic demand when there is a continuous demand for it regardless of price.
When the quantity supplied changes by a larger percentage than the price change, there is a relatively elastic supply, defined as one with a price elasticity supply greater than one.
A product that is simple to manufacture and sell, like a fidget spinner, might serve as an illustration.
So, in the given situation if taxes were levied on bartlett pears, consumers would pay more than producers.
Therefore, (B) Bartlett pear consumers would pay more in taxes if they were subject to them than producers would in the given situation.
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Correct question:
Demand for Bartlett pears is relatively elastic compared to the supply of Bartlett pears, so if a tax is imposed on consumers of Bartlett pears, the tax incidence:
a. will fall on consumers more than producers.
b. will fall on producers more than consumers.
c. cannot be determined without more information.
d. will fall equally on consumers and producers.
what does working capital management encompasses? what functional are involved and what underlying principle or trade-off influences the decision process?
Answer: Working capital management involves monitoring of cash flow, current assets, and current liabilities.
It's main function is to ensure that business's day-to-day operational expenses are met with positive/maintained cashflow statements.
Influences that has an effect in decision making in Working Capital Management -
Type of Business- Businesses having higher operations or their main core business is their operating activities like Food Delivery Companies, Online Cab Booking companies. Their CASH BURNING ratio is higher.
Production Technique- If they are sourcing raw material from anywhere and rest whole process of production are done by them than their operational cost will be higher. Example- A Ready made Cloth manufacturing company that only sources cotton, silk or any other material from farmer and rest all processes like spinning, weaving, dying etc are done by them than their Working Capital Management should be strong to avoid both wastage of Resources and Money.
Economical changes- Periods of BOOM & DEPRESSION effects decision making a lot. As Organisations have to preserve or burn the working capital as per ma
Explanation:
The fact that the balance sheets are listed at _____ means that there is no necessary connection between the total assets and the value of the firm.
at cost
The fact that the balance sheets are listed at cost means that there is no necessary connection between the total assets and the value of the firm.
How is the balance sheet affected if a company sells goods in cash?This is because the cost of an asset is its original purchase price, and does not take into account any changes in value that may have occurred since it was acquired.For example, a company may have purchased a piece of equipment for $10,000, but due to advancements in technology, the equipment is now worth only $5,000. The balance sheet would still list the equipment at its original cost of $10,000, even though its current value is much lower. This can lead to a discrepancy between the total assets listed on the balance sheet and the true value of the company.Additionally, balance sheets also don't take into account the liabilities that a company has such as loans, debts, and other obligations, which can greatly impact the value of the firm. Therefore, the balance sheet listed at cost is a historical record of the assets and liabilities of the company and not necessarily the current or future value of the firm.To learn more the cost refer to:
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