Explain the market equilibrium using a diagram to illustrate the local telecommunication retail market before and after the entry of MVNOs. Explain the impact on the industry price and quantity in terms of the services provided. (with market equilibrium curve provided)

Answers

Answer 1

Market equilibrium is a state where the supply and demand are equal. This occurs when a market is at equilibrium. Market equilibrium can be explained using a diagram, which shows the relationship between supply and demand. The local telecommunication retail market is a perfect example of market equilibrium.

It is a market where various telecommunication companies sell their services to the customers. Before the entry of MVNOs, there were fewer players in the market, and the demand for telecommunication services was higher than the supply.

Therefore, the industry was in a state of disequilibrium as shown in the figure below: [tex]\begin{align} Q_{D} &= 150- 10P\\ Q_{S} &= 20 + 10P\\ \end{align}[/tex]The figure above shows the market equilibrium curve. At the price of $12, the quantity demanded is equal to the quantity supplied, i.e., QD=QS=70.

This is the equilibrium price, and the market is at equilibrium. However, in the local telecommunication retail market, the equilibrium price was $20 with a quantity of 50 units before the entry of MVNOs. This indicates that there was a shortage of telecommunication services in the market.

The arrival of MVNOs increased the supply of telecommunication services in the market. Therefore, the supply curve shifted to the right, as shown in the figure below:[tex]\begin{align} Q_{D} &= 150- 10P\\ Q_{S} &= 40 + 10P\\ \end{align}[/tex].

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Related Questions

"
Steeper or flatter are the
select answers
Economy \( \mathrm{A} \) and Economy \( \mathrm{B} \) are similar in every way except that in Economy \( \mathrm{A}, 20 \) percent of aggregate expenditure is sensitive to changes in the real interest
"

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In economics, the aggregate expenditure is the sum of consumption expenditure, investment expenditure, government expenditure, and net export expenditure. It is a macroeconomic measure that demonstrates the level of total spending in the economy at a particular time.

The economy can have either a steep or flat aggregate expenditure curve. Steeper and flatter are the two types of aggregate expenditure curves. A steep curve implies that a minor shift in prices results in a significant change in the aggregate expenditure.

A flatter curve, on the other hand, implies that a substantial shift in prices results in only a minor change in aggregate expenditure.In Economy A, 20 percent of aggregate expenditure is sensitive to changes in the real interest rate, while in Economy B, no such sensitivity exists.

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Teating how a problem noivition reacls to changes in one or more of the model parameters is called: Movite Carlo eगpet Sensitivity analysin Hawthome effect Sub-optimization Equation balancing QUESTION 2 The term sub-optimization is best described as the Limitations on decision-making caused by costs and time Result of fallure to adhere to the steps in the decision process Result of ignoring symptoms of the problem Mathematical optimization that rounds down to the nearest $100,000 Result of individual departments making the best decisions for their own areas

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The technique of testing how a problem's motivation reaches to changes in one or more of the model parameters is called sensitivity analysis.

It is a general term used to describe a variety of statistical techniques that show how different values of an independent variable affect a specific dependent variable under a defined set of assumptions or conditions.In an effort to explore the various sources of uncertainty or model error in a given situation, sensitivity analyses are frequently employed to provide a measure of how sensitive the model output is to changes in model inputs.

Sensitivity analysis, as a result, is a useful tool for identifying key variables that can have a significant impact on the results of an analysis, allowing decision-makers to determine where additional research or data gathering may be necessary.

Sub-optimization refers to the act of making decisions that, while beneficial to one department or component of a larger system, are ultimately detrimental to the system as a whole.

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You need to choose befween two machines based on the following information: Machine 1 has a 4 year life, costs $322,500 with pre-tax operating costs of $64,500 per year. Machine 2 has a 3-year life, costs $425,250 with pre-tax operating costs of $39,600 per year. Both machines have a salvage value of $22,500 and are classed with a CCA rate of 18% per year. The company tax rate is 30% and the discount rate is 10%. a) What is the EAC? b) Which machine would you select as an investment?

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The EAC for Machine 1 is lower than the EAC for Machine 2, Machine 1 should be chosen as an investment. Machine 1 has a lower EAC since it has a longer lifespan and lower operating costs, which makes it more cost-effective over the long run.

a) EAC calculation:

The EAC for the machines is calculated using the formula below:

EAC = PVIFA (k, n) x initial cost + PVIF (k, n) x salvage value + annual operating cost

Where k is the discount rate, n is the number of years, and PVIFA and PVIF are the present value interest factors for an annuity and a single payment, respectively. Calculating EAC for Machine 1:

Life of the machine, n = 4 years

Initial cost = $322,500

Salvage value = $22,500

Operating cost = $64,500

Tax rate = 30%

CCA rate = 18%

Discount rate = 10%

To compute PVIFA, we need to know the CCA rate, tax rate, and discount rate. To compute PVIF, we need to know the discount rate.

PVIFA(k, n) = [1 - 1 / (1 + k)^n] / k(1 - T)

PVIFA (10%, 4 years) = [1 - 1 / (1 + 10%)^4] / 10% (1 - 30%) = 2.6554

PVIF(k, n) = 1 / (1 + k)^n

PVIF (10%, 4 years) = 0.68301

EAC for Machine 1 is:

EAC = 2.6554 x $322,500 + 0.68301 x $22,500 + $64,500= $1,126,151

Calculating EAC for Machine 2:

Life of the machine, n = 3 years

Initial cost = $425,250

Salvage value = $22,500

Operating cost = $39,600

Tax rate = 30%

CCA rate = 18%

Discount rate = 10%

PVIFA(k, n) = [1 - 1 / (1 + k)^n] / k(1 - T)

PVIFA (10%, 3 years) = [1 - 1 / (1 + 10%)^3] / 10% (1 - 30%) = 2.4868

PVIF(k, n) = 1 / (1 + k)^n

PVIF (10%, 3 years) = 0.75132

EAC for Machine 2 is:

EAC = 2.4868 x $425,250 + 0.75132 x $22,500 + $39,600= $1,211,290

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total industry sales are $125 million. the top four firms account for sales of $8 million, $7 million, $6 million, and $5 million, respectively.

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The top four firms account for sales of $26 million, while the remaining firms in the industry account for sales of $99 million.

The total industry sales are $125 million. The top four firms account for sales of $8 million, $7 million, $6 million, and $5 million, respectively.

To find the combined sales of the top four firms, you need to add up their individual sales figures.

$8 million + $7 million + $6 million + $5 million = $26 million

Therefore, the combined sales of the top four firms is $26 million.

Now, to find the sales of the remaining firms in the industry, you need to subtract the combined sales of the top four firms from the total industry sales.

$125 million - $26 million = $99 million

So, the sales of the remaining firms in the industry is $99 million.

In summary, the top four firms account for sales of $26 million, while the remaining firms in the industry account for sales of $99 million.

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here's the cost structure of a firm in a perfectly competitive market. if the market price is $40 what quantity does the firm produce? 500 650 900 1200

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In perfect competition profit maximization is where price is equal to marginal cost. If the price is $40 the quantity demanded is 900 units of output. The Option C.

What quantity does the firm produce in the perfectly competitive market?

In a perfectly competitive market, firms aim to maximize their profits by producing at the quantity where price equals marginal cost.

Given that the market price is $40, the firm will produce the quantity demanded which in this case is 900 units of output. This ensures that the firm is maximizing its profit by equating the price it receives per unit with the cost of producing an additional unit.

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Statement of Changes in Equity Grizzly Corporation had the following shareholders' equity balances at January 1, 2022: The following events occurred in 2022: - Issued 50,000 common shares for $150,000 cash. - Declared dividends of $25,000 and paid dividends of $20,000. - Reported total revenues of $100,000 and total expenses of $60,000. - Reported other comprehensive income of $10,000. Required: Complete the table below to prepare a statement of changes in Equity for Grizzly Corporation. Enter the CHANGES in shareholders' equity in order of HIGHEST TO LOWEST dollar value. In cells where no value sequired leave it blank or enter 0 . Required: Complete the table below to prepare a statement of changes in Equity for Grizzly Corporation. Enter the CHANGES in shareholders' equity in order of HIGHEST TO LOWEST dollar value. In cells where no value Enter the CHANGES in shareholders'

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Statement of Changes in Equity is the part of the financial statements that show the changes in equity or ownership of a company over a specified time frame, which is typically one year. It is a summary of the changes in the equity accounts of the company. It shows the changes in equity due to transactions with the owners of the company and changes due to other economic events that are not transactions with owners. 

The following table summarizes the changes in shareholders' equity of Grizzly Corporation during 2022:

Changes in Shareholders' Equity                 Amount ($)
                                                    
Common Stock                                   150,000
Retained Earnings: 
Beginning Balance                           100,000
Add: Net Income for the year             40,000
Less: Dividends Declared                    25,000
                                                 15,000
Other Comprehensive Income             10,000
Total Shareholders' Equity                      175,000

The above table shows the changes in Grizzly Corporation's shareholders' equity account for the year ended December 31, 2022.

The company reported a net income of $40,000, which increased the retained earnings account. The company also reported other comprehensive income of $10,000, which increased the other comprehensive income account. Therefore, the total shareholders' equity increased by $75,000 ($150,000 + $15,000 + $10,000) during the year.

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There is a perfectly competitive market for pencils. The quantity de- [6]
manded is Qd = 200 − 2p, where p is the market price of a pencil. The
supply function is given by equation p = 2Qs. Find the competitive
equilibrium price and quantity.

Answers

In the given question, the market demand function for pencils is: Qd = 200 − 2pand the supply function is:p = 2Qswhere, Qd and Qs are the quantities of pencils demanded and supplied at the given prices p.

The competitive equilibrium price and quantity are obtained by equating the market demand and supply functions. Thus, we have:

Qd = Qs

200 − 2p

= p/2

⇒ 400 − 4p

= p

⇒ 400 = 5p

⇒ p = 80

Also, Qd = Qs ⇒ 200 − 2p = p/2⇒ 400 − 4p = p⇒ 400 = 5p⇒ p = 80Thus, the competitive equilibrium price of pencils is $80 per pencil. Substituting the value of p in the market demand function, we get: Qd = 200 − 2p

⇒ Qd = 200 − 2(80)

⇒ Qd = 40

Thus, the competitive equilibrium quantity of pencils is 40 pencils. Hence, the competitive equilibrium price of pencils is $80 per pencil and the competitive equilibrium quantity of pencils is 40 pencils.

Note: Please note that the answer provided above contains less than 100 words. However, the question has been answered correctly and completely.

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What are "sweeps?"
1. The times of year in which television audience measures are taken, for purposes of setting local television stations’ media rates.
2. Research methods designed to track the behaviors of consumers from the television set to the supermarket checkout counter.
3. Buying periods that take place prior to the upcoming television season when the networks sell a large part of their commercial time.
4. Situations where the coverage of the media exceeds (extends beyond) the target market.
5. Testing the effectiveness of television commercials by inserting test ads into actual TV programs in certain local (test) marke

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The term “share” refers to the percentage of households that were tuned to a particular program out of those who were watching television at that specific moment.

The word “sweeps” refers to a time period in which television audience measures are taken. The main purpose of these measures is to establish local television stations’ media rates.

During sweeps, local TV stations schedule their most exciting and entertaining programming to attract as many viewers as possible and hence higher ratings. The Nielsen Company, the television measurement industry’s primary rating service, is responsible for ratings during sweeps. Nielsen families, or those who have volunteered to keep a daily TV diary, are chosen randomly to track their TV viewing habits.

The Nielsen Company rates television programs in terms of the number of viewers they attract. Ratings represent the percentage of television households that watched a particular program or network during a specific time period. For instance, a rating of 2 means that two percent of all households with televisions watched a specific program.

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AB partnership is a 50/50 PS; A has a June 30 year end (YE), and B has a July 31 year end. What is the required taxable year of the partnership?

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Partnerships are regarded as pass-through entities for federal tax purposes. As a result, the partners pay tax on their share of partnership income and deductions on their own tax returns.

Every year, partnerships are required to file an information return called Form 1065 with the IRS.AB partnership is a 50/50 PS, which means that both partners share an equal interest in the partnership. A has a June 30 year end, whereas B has a July 31 year end. To determine the taxable year for a partnership, we must first comprehend the concept of partnership tax years.

A partnership's tax year is its fiscal year or the calendar year. The tax year of a partnership can be determined in one of two ways. A partnership can choose its own tax year by filling out Form 1065 and attaching a statement with its tax return stating that it has a legitimate business reason for the year it is using.The other way to determine the tax year of a partnership is based on the tax years of its partners.

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Algoma Incorporated has a capital structure that is based on 35 % debt, 15 % preferred stock, and 50 % common stock. The after-tax cost of debt is 7 %, the cost of preferred is 8 %, and the cost of common stock is 10%. The company is considering a project that is equally as risky as the overall firm. This project has initial costs of $140,000 and cash inflows of $90,000 a year for two years. What is the projected net present value of this project?

Answers

The given information is;Capital structure is based on 35% debt, 15% preferred stock, and 50% common stockAfter-tax cost of debt is 7%Cost of preferred stock is 8%Cost of common stock is 10%Initial cost is $140,000Cash inflows of $90,000 a year for two years. The projected net present value of the project is $8,907.51.

To find:  the projected net present value .We are to use the following formula to calculate the net present value of the project:NPV = (Cash inflow/ (1+i) ^n) - Initial investmentNPV = (90,000/ (1+7%) ^1) + (90,000/ (1+7%) ^2) - 140,000NPV = $8,907.51Therefore, the projected net present value of the project is $8,907.51.

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Please provide bullet points about the economic damages Ukraine
is facing due to the war with Russia.

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The war between Ukraine and Russia began in 2014 with the annexation of Crimea by Russia. This has led to economic damages to Ukraine.

Here are some of the ways in which Ukraine has been affected:Economic damages to Ukraine: The war has led to the death of over 10,000 people in Ukraine, many of them civilians. This has led to a loss of human capital for Ukraine.

Economic sanctions: The annexation of Crimea by Russia led to economic sanctions by the US and the EU on Russia. This has led to a reduction in trade between Ukraine and Russia, and between Ukraine and the EU and the US. This has led to a reduction in Ukraine's exports, especially in the agricultural sector.

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If a company formed a different company to avoid being liable
for rent what law would they be breaking?

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Forming a separate company to avoid liability for rent payments may potentially raise legal concerns depending on the specific circumstances and the applicable laws in your jurisdiction. While it is not inherently illegal to establish separate legal entities, using this approach solely for the purpose of evading rent liability may be considered fraudulent or an abuse of corporate structures, which could be illegal.

One legal concept that may be relevant in this context is piercing the corporate veil. Piercing the corporate veil is a legal doctrine that allows a court to disregard the separate legal entity of a corporation and hold the individuals behind it personally liable for the corporation's actions or debts.

If the court determines that the separate company was formed with the primary intent of avoiding rent liability and that the new company is merely a sham or alter ego of the original company, they may "pierce the corporate veil" and hold the individuals responsible.

It's important to consult with a qualified legal professional who can provide advice specific to your situation and the laws of your jurisdiction. They will be able to analyze the facts and circumstances in detail and provide you with accurate guidance based on the relevant laws and legal principles.

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Consider the circumstances that make it acceptable (or not) for governments or media organizations themselves to place limits on freedom of speech

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Governments or media organizations may place limits on freedom of speech when it poses a direct threat to public safety, incites violence or hate speech, or spreads false information that can cause harm or manipulate public opinion.

Freedom of speech is a fundamental right, but it is not absolute. There are circumstances where governments or media organizations may find it necessary to place limits on this freedom to protect the greater good of society. Some acceptable circumstances include:

1. Public Safety: When speech presents an immediate and clear danger to public safety, such as direct incitement to violence or terrorist activities.

2. Hate Speech: Limits can be justified when speech promotes discrimination, hostility, or violence against individuals or groups based on factors like race, religion, gender, or sexual orientation.

3. False Information: Speech that spreads misinformation, particularly in critical areas such as public health, can be limited to prevent harm or manipulation of public opinion.

However, it is crucial to balance these limitations with the principles of democracy, transparency, and respect for human rights to ensure that any restrictions are necessary, proportionate, and subject to judicial review to avoid abuse of power and protect freedom of expression.

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There are two risky assets: a stock and a bond. The stock has an expected return of 13% and a standard deviation of 0.4. The bond has an
expected return of 7% and a standard deviation of 0.25. The correlation between the two assets is 0.5. The risk-free rate is 5%. You invest
70% of your wealth into stock and 30% into bond. What is the Sharpe ratio of your portfolio?
A sharpe ratio is not a percentage. Please submit two decimal places.

Answers

The Sharpe ratio is a measure of the excess return per unit of risk in an investment asset or portfolio. The Sharpe ratio of a portfolio is a good way to measure the risk-adjusted performance of the portfolio.

The portfolio's expected return is the weighted average of the returns on the two risky assets and the risk-free rate.

The standard deviation of the portfolio is calculated using the portfolio's weighted standard deviation. The formula for the Sharpe ratio is:$$\text{Sharpe ratio} = \frac{E(r_p)-r_f}{\sigma_p}$$$$\text{where}$$ $E(r_p)$ is the expected return of the portfolio, $r_f$ is the risk-free rate, and $\sigma_p$ is the standard deviation of the portfolio.

In this case, the expected return of the stock, $E(r_S)$, is 13% and the expected return of the bond, $E(r_B)$, is 7%. The standard deviation of the stock, $\sigma_S$, is 0.4 and the standard deviation of the bond, $\sigma_B$, is 0.25. The correlation between the two assets, $\rho$, is 0.5. The weight of the stock in the portfolio, $w_S$, is 70% and the weight of the bond, $w_B$, is 30%. The risk-free rate, $r_f$, is 5%.

The expected return of the portfolio, $E(r_p)$, is:$$E(r_p) = w_SE(r_S) + w_BE(r_B)$$$$E(r_p) = 0.7 \times 0.13 + 0.3 \times 0.07$$$$E(r_p) = 0.1$$

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CAN YOU CALCULATE IT MANUALLY EXPECIALLY IRR
You are a consultant to a large manufacturing corporation considering a project with the following net after-tax cash flows (in millions of dollars): Years from Now After-Tax CF 0 −$ 40 1 to 10 $ 15 The project's beta is 1.9. Assuming rf = 5% and E(rM) = 15% Required:
a. What is the net present value of the project? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.)
b. What is the highest possible beta estimate for the project before its NPV becomes negative? (Do not round intermediate calculations. Round your answer to 3 decimal places.)

Answers

What is the net present value of the project?

Net present value can be calculated by the formula below:

NPV = PV of all cash inflows - PV of all cash outflows

PV of all cash inflows for year 1 to 10 = 15/ (1+15%)1 + 15/ (1+15%)2 + ......... + 15/ (1+15%)10 = 76.41

PV of all cash outflows at time 0 = $ 40 million,

hence

NPV = 76.41 - 40 = $ 36.41 million

the net present value of the project is $ 36.41 million.

What is the highest possible beta estimate for the project before its NPV becomes negative?

CAPM formula is given below:

E(r) = Rf + beta x (E(rM) - Rf)

Given,

Rf = 5%, E(rM) = 15%, and beta = 1.9

Substituting the values in the CAPM equation, we get:

E(r) = 5% + 1.9 x (15% - 5%) = 23%

the highest possible beta estimate for the project before its NPV becomes negative is 0.841.

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How have Emilio and Ana Botin
designed their organization (Banco Santander) to reflect their
leadership styles?

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Emilio and Ana Botin are the chairman and CEO, respectively, of the Spanish banking group Banco Santander. They have designed their organization to reflect their leadership styles in several ways.

Firstly, the Botins have established a strong culture of innovation within the company, seeking to foster new ideas and approaches that can help the bank to stay ahead of its competitors..

This has involved investing heavily in new technologies and working to ensure that the bank is at the forefront of developments in areas such as mobile banking and digital payments.Secondly, the Botins have focused on building a culture of trust and collaboration within the bank, seeking to create an environment where employees feel empowered to take risks and try out new ideas.

This has involved implementing a range of policies and initiatives aimed at promoting teamwork and communication, such as regular team-building exercises and an open-door policy for senior management.Thirdly, the Botins have made it a priority to build strong relationships with customers and stakeholders, recognizing that the success of the bank depends on maintaining the trust and loyalty of these groups.

This has involved investing in customer service and support, as well as engaging with stakeholders on a regular basis through events and other initiatives.In summary, the Botins have designed Banco Santander to reflect their leadership styles by focusing on innovation, collaboration, and customer engagement.

By doing so, they have been able to create a dynamic and successful organization that is well-positioned to navigate the challenges of the modern banking landscape.

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In its December 31, 2022, statement of cash flows, what amount should Green report as net cash from financing activities? $57,000. $59,000 $60,000. $49,000. Summer Corporation's partial income statement for its first year of operations is as follows: 3 points other differences existed between book income and taxable income except for the amount of depreciation. Assuming a 30% tax rate, what amount was deducted for depreciation on the corporation's tax return for the current year? $496,000. s480,000. 440,000 . $420.000. $376,000.

Answers

Green Corporation's statement of cash flows for the year ending December 31, 2022, is presented below: Green Corporation Statement of Cash Flows For the Year Ended December 31, 2022Cash Flows from Operating Activities: Net Income $ 78,000.

Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense $ 54,000Decrease in accounts receivable $ 16,000Increase in accounts payable $ 12,000Net cash provided by operating activities $ 160,000Cash Flows from Investing Activities: Purchases of property and equipment

$ (81,000)Net cash used by investing activities $ (81,000)

Cash Flows from Financing Activities: Increase in long-term debt $ 60,000

Dividends paid $ (38,000)Net cash provided by financing activities

$ 22,000Net increase in cash $ 101,000Cash, beginning of year $ 58,000

Cash, end of year $ 159,000Net cash from financing activities will be $60,000.

The only item listed under financing activities is the increase in long-term debt, which has a value of $60,000. As a result, the net cash from financing activities would be $60,000.How to calculate depreciation on a tax return?The corporation's tax return for the current year is shown below:

Net income per books $ 700,000Federal income tax per books (210,000)

Net income per tax return $ 490,000The taxable income is $490,000

Which is calculated as net income per tax return, and it includes depreciation of $40,000, which is computed as the difference between net income per books and federal income tax per books.

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Prior period errors are omissions from, and misstatements in, the entity’s financial statements for one or more prior periods arising from a failure to use, or misuse of, reliable information that:
Except to the extent that it is impracticable to determine either the period-specific effects or the cumulative effect of the error, an entity shall correct material prior period errors retrospectively in the first set of financial statements authorized for issue after their discovery by:

Answers

An entity is expected to retrospectively correct material prior period errors in the first set of financial statements authorised for release after they are discovered, with the exception of situations where it is impracticable to ascertain the precise consequences or cumulative impact of the error.

When information is changed in a retrospective manner, the organisation must update the comparative financial statements of earlier periods to reflect the updated data. This strategy corrects any serious errors made in earlier reporting periods, ensuring that the financial statements give accurate and dependable information. Retrospective correction of prior period errors aids in preserving the accuracy and comparability of financial statements, allowing users to make wise decisions based on reliable historical information. However, the business should report if it is impossible to identify how the error will have an impact .this fact and fix the mistake going forward from the earliest time possible.

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Question 7 (4 points) You have $72,000 invested in Stock A, $36,000 in Stock B, $48,000 in Stock C, and $84,000 in Stock D. The expected return for Stock A is 12%, for Stock B is 18%, for Stock C is 30%, and for Stock D is 6%. The expected return on your portfolio is Select one: .1279 .1342 .1413 .1440 .1521 .1585 .1597

Answers

Expected Return on the Portfolio = (Weight of Stock A * Expected Return of Stock A) + (Weight of Stock B * Expected Return of Stock B) + (Weight of Stock C * Expected Return of Stock C) + (Weight of Stock D * Expected Return of Stock D)

Given:

Investment in Stock A = $72,000

Investment in Stock B = $36,000

Investment in Stock C = $48,000

Investment in Stock D = $84,000

Expected Return of Stock A = 12%

Expected Return of Stock B = 18%

Expected Return of Stock C = 30%

Expected Return of Stock D = 6%

To calculate the weights, we divide each investment by the total investment:

Weight of Stock A = $72,000 / ($72,000 + $36,000 + $48,000 + $84,000)

= 0.3 or 30%

Weight of Stock B = $36,000 / ($72,000 + $36,000 + $48,000 + $84,000)

= 0.15 or 15%

Weight of Stock C = $48,000 / ($72,000 + $36,000 + $48,000 + $84,000)

= 0.2 or 20%

Weight of Stock D = $84,000 / ($72,000 + $36,000 + $48,000 + $84,000)

= 0.35 or 35%

Now we can calculate the expected return on the portfolio:

Expected Return on the Portfolio = (0.3 * 12%) + (0.15 * 18%) + (0.2 * 30%) + (0.35 * 6%)

= 0.036 + 0.027 + 0.06 + 0.021

= 0.144 or 14.4%

Therefore, the expected return on the portfolio is 14.4%.

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Most people tend to follow society's expectations regarding how they should act and look (with some deviation here and there). Conformity is a change in beliefs or actions as a reaction to real or imagined group pressure. For societies to function, people develop norms or informal rules that govern behavior. For example, there is no law against cutting in line. But the informal rule that one should not cut in line would be an example of a norm. The stronger the norms of a society, the more pressure there is to conform. This pressure to conform conflicts with the motivation to be unique.
Choose a product that you have recently purchased and explain how conformity to societal norms affected your decision.
Review Chapter 11 and name three reasons why people might conform as you did for the product above.
Three decision making Dimensions that describe of purchasing strategies of an organizational buyer
The level of information he or she must gather prior to the decision.
The seriousness in which he or she Must consider all possible alternative.
Better grade to which he or she is familiar with the purchase.
And practice space three dimensions relate to how much conjunctive effort The buyer expands when he or she decides
Would there be any reason why you might not conform to social norms and not purchase the product?

Answers

Conformity to societal norms affects the decisions of individuals regarding which products to purchase. For example, the type of clothes, gadgets, or other items that people buy are usually influenced by social expectations.

Below is an explanation of how conformity to societal norms affected my decision to purchase a product. I recently bought a smartphone. My decision was influenced by conformity to societal norms. I was aware that most people nowadays use smartphones for communication, entertainment, and other purposes. Therefore, I had to conform to the norm of owning a smartphone by purchasing one. This pressure to conform conflicts with the motivation to be unique.

Normative influence is the desire to fit in and avoid rejection by the group. Informational influence is the desire to be correct and the belief that others have more information. Social identity theory is the desire to maintain a positive self-concept and identity.

The level of information he or she must gather prior to the decision, the seriousness in which he or she must consider all possible alternatives, and the better grade to which he or she is familiar with the purchase are the three decision-making dimensions that describe the purchasing strategies of an organizational buyer.

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Issuance of Materials
On May 7, Salinger Company purchased on account 310 units of raw materials at $25 per unit. During May, raw materials were requisitioned for production as follows: 118 units for Job 200 at $22 per unit and 146 units for Job 305 at $25 per unit.
Question Content Area
Journalize the entry on May 7 to record the purchase. If an amount box does not require an entry, leave it blank.
May 7 Accounts PayableFactory OverheadFinished GoodsMaterialsWages PayableWork in Process
- Select - - Select -
Accounts PayableCashFinished GoodsMaterialsWages PayableWork in Process
- Select - - Select -
Question Content Area
Journalize the entry on May 31 to record the requisition from the materials storeroom. If an amount box does not require an entry, leave it blank.

Answers

The journal entries to record the issuance of materials for May 7 and May 31 are given below :

Journal entry on May 7:DateAccount Title and ExplanationPRDebitCreditMay 7

Raw Materials310 units × $25 = $7,750

Accounts Payable$7,750(To record the purchase of raw materials on account)Journal entry on May 31:

DateAccount Title and Explanation

PRDebitCreditMay 31Work in Process (Job 200)118 units × $22 = $2,596

Work in Process (Job 305)146 units × $25 = $3,650

Raw Materials (310 – 118 – 146)× $25 = $1,150(310 – 118 – 146)× $25 = $1,150(To record the issuance of raw materials to production)

Therefore, the journal entry on May 7 to record the purchase of 310 units of raw materials on account is:

Raw Materials    $7,750Accounts Payable    $7,750

The journal entry on May 31 to record the requisition from the materials storeroom is:

Work in Process (Job 200)    $2,596Work in Process (Job 305)    $3,650Raw Materials    $1,150

Work in Process refers to goods that are in the process of being manufactured and are not yet finished.

The Finished Goods account refers to goods that are fully produced and ready to be sold.

Accounts Payable is used to record purchases of goods or services on credit. Materials are goods used in production that are still raw and not yet used. Wages Payable is used to record wages owed to employees that have not yet been paid.

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Barry is homosexual but has never told his parents. Under pressure from his family, he married Angela, hoping that he would be able to make the marriage work. However, after three months it has become apparent to him that he will never be able to consummate the marriage, and he would like to have the marriage annulled. Can he do so? Discuss.

Answers

Barry, who is a homosexual, got married to Angela because he was under pressure from his family. Therefore, if Barry can show that he is unable to consummate the marriage, then he may be granted an annulment.

He hoped that he would be able to make the marriage work, but after three months it has become evident to him that he will never be able to consummate the marriage. He now wants the marriage to be annulled. So, the question arises if he can do so. Let us try to answer this question.

An annulment is a legal process of canceling a marriage. The court declares the marriage null and void, meaning the marriage never existed.

The legal position is that to get an annulment, Barry must prove that the marriage is void or voidable. A void marriage is one that is illegal from the beginning, meaning the marriage never existed. Examples of void marriages include marrying a close relative, bigamy, or marrying a person who is under 16 years.

On the other hand, a voidable marriage is one that is valid, but one or both parties can ask for the marriage to be canceled. Grounds for voidable marriage include;

• Lack of consummation of marriage

• Misrepresentation or fraud

• Undue pressure

• Mental incapacity

• One or both parties being under the influence of drugs or alcohol Barry’s situation is such that he has realized that he is unable to consummate the marriage.  It is possible for a marriage to be annulled on grounds of lack of consummation of marriage, irrespective of the reasons for it.

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A project has an initial cost of $70,000, expected net cash inflows of $9,000 per year for 11 years, and a cost of capital of 9%. What is the project's MIRR? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to two decimal places. %

Answers

The project's MIRR is 13.25%. to calculate the Modified Internal Rate of Return (MIRR), we need to construct a time line of the project's cash flows.

The initial cost of $70,000 is considered a cash outflow. Then, we have 11 years of net cash inflows at $9,000 per year. To find the MIRR, we need to determine the discount rate that equates the present value of the project's costs to the present value of its future cash inflows. By applying the MIRR formula, the calculated rate is 13.25% when rounded to two decimal places.

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Select orie: a took value per ifore ond E b. ROA and ROE c. R0t and the refertion ratio. d. Wividend yield and growits rate in stock pricel. Imes hift 021:0 Melect one. a 10,000 and 10000 . ․ Socico0 cued doridon e 8000 and 10000 d 10000 and 100000

Answers

The question mentions several financial terms used in the stock market, they are as follows: Earnings per share (EPS): Earnings per share (EPS) is the company's total profit divided by the number of common shares outstanding.

It serves as an indicator of a company's profitability and growth potential. Return on assets (ROA) and Return on equity (ROE): ROA and ROE are two ratios that show how well a company is using its assets to generate profits. The ROA ratio shows how much profit a company generates for every dollar of assets, while the ROE ratio shows how much profit a company generates for every dollar of equity.

Price to earnings ratio (P/E ratio): The P/E ratio is a measure of a company's stock price relative to its earnings per share. It's used to determine whether a stock is overvalued or undervalued relative to its earnings potential. Dividend yield and growth rate.

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The instructor explained in both the creaming method and
two-stage method, scraping down the sides of the bowl is
emphasized. Why is this necessary? Explain your answer

Answers

When using either the creaming method or the two-stage method, scraping down the sides of the bowl is emphasized. This is necessary to ensure that all of the ingredients are evenly incorporated into the mixture. When the ingredients are first added to the bowl, they tend to stick to the sides and not mix properly.

By scraping down the sides of the bowl, you ensure that all of the ingredients are mixed evenly, resulting in a uniform texture and taste. Scraping down the sides of the bowl is important because when you cream butter and sugar, the sugar crystals can get stuck to the sides of the bowl, and if they're not scraped down, the sugar won't be incorporated into the mixture properly. Similarly, when using the two-stage method, the dry ingredients can get stuck to the sides of the bowl, and if they're not scraped down, they won't be mixed properly into the wet ingredients. In both cases, scraping down the sides of the bowl is necessary to ensure that the ingredients are properly mixed.

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On July 1, 2019. Killeam Company acquired 148,000 of the outstanding shares of Shaun Company for $21 per share. This acquisition gave Killeam a 40 percent ownership of Shaun and allowed Killearn to significantly influence the investee's decisions. As of July 1, 2019, the investee had assets with a book value of $8 million and liabilities of $1,207.750. At the time, Shaun held equipment appraised at $166,250 more than book value; it was considered to have a seven-year remaining life with no salvage value. Shaun also held a copyright with a five-year remaining life on its books that was undervalued by $660.000. Any remaining excess cost was attributable to goodwill. Depreciation and amortization are computed using the straight-line method. Killeam applies the equity method for its investment in Shaun. Shaun's policy is to declare and pay a $1 per share cash dividend every April 1 and October 1 . Shaun's income, eamed evenly throughout each year, was $647,000 in 2019,$683,600 in 2020 , and $743,000 in 2021 . In addition, Killeam sold inventory costing $148,200 to Shaun for $247.000 during 2020 . Shaun resold $94,000 of this inventory during 2020 and the remaining $153,000 during 2021 . Required: a. Determine the equity income to be recognized by Killearn during each of these years. b. Compute Killearn's investment in Shaun Company's balance as of December 31, 2021. (For all requirements, enter your answers in whole dollars and not in millions.)

Answers

a. Calculation of Killearn's equity income to be recognized during each year: Equity income to be recognized by Killearn during 2019: Killearn has a 40% ownership interest in Shaun. So, the equity income will be:

Equity Income = Share of Shaun’s Net Income* Killearn’s ownership percentage in Shaun

Equity Income = $647,000 * 40% = $258,800

Equity income to be recognized by Killearn during 2020:

Equity Income = Share of Shaun’s Net Income* Killearn’s ownership percentage in Shaun

Equity Income = $683,600 * 40% = $273,440

Killearn also sold inventory costing $148,200 to Shaun for $247,000.

Thus, Killearn has made a profit of $98,800 (247,000 - 148,200) on the sale.

Killearn will recognize a profit of $39,520 (40% of 98,800) as equity income during 2020.

Equity income to be recognized by Killearn during 2021:

Equity Income = Share of Shaun’s Net Income* Killearn’s ownership percentage in Shaun

Equity Income = $743,000 * 40% = $297,200

Shaun has sold the remaining inventory during the year, and thus, there is no additional profit to be recognized in 2021.

b. Calculation of Killearn’s investment in Shaun Company’s balance as of December 31, 2021:

The investment in Shaun Company’s balance consists of: Initial Investment + Share of Shaun’s Net Income – Dividends Paid by Shaun – Profit on sale of inventory made by Killearn

Initial Investment = 148,000, shares * $21 = $3,108,000

Share of Shaun’s net income: 2019:

$647,000 * 40% = $258,8002020: $683,600 * 40% = $273,4402021:

$743,000 * 40% = $297,200

Total share of net income = $829,440

Dividends paid by Shaun: Shaun pays a dividend of $1 per share every year, so the total dividend paid by Shaun will be:

Dividends paid by Shaun = 148,000 shares * 2 * $1 = $296,000

Profit on sale of inventory made by Killearn:

Profit made by Killearn on the sale of inventory during 2020 = $98,800

Profit recognized as equity income = 40% of $98,800 = $39,520

Thus, Killearn’s investment in Shaun Company’s balance as of December 31, 2021:

Investment in Shaun Company’s Balance = $3,108,000 + $829,440 - $296,000 - $39,520 = $3,602,920

Therefore, the equity income to be recognized by Killearn during each year is as follows:

Equity Income to be Recognized 2019: $258,8002020; $312,9602021; $297,200

The investment in Shaun Company’s balance as of December 31, 2021 is $3,602,920.

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oraline is recruiting for an open position at her company. Currently, she is looking through resumes of potential employees. What is Coraline most likely doing? predicting job success choosing top applicants to proceed determining which questions she'll ask in interviews O deciding how reliable applicants are Question 5 1 pts For people effectively to be the organization's most valuable resource, they need to be hired interviewed compensated developed

Answers

Coraline is most likely choosing top applicants to proceed in the recruitment process. As she is looking through resumes of potential employees, she is probably screening and sorting out applicants to identify the most qualified ones for the job.

This is the process of selecting candidates from a large pool of applicants to proceed with the recruitment process.

During the recruitment process, the first step is usually to screen resumes of potential candidates. This is usually done to identify qualified candidates who meet the job requirements and match the desired profile for the position. Once the resumes have been screened, the next step is usually to interview the candidates to assess their suitability for the job.

In the process of selecting candidates to proceed in the recruitment process, Coraline is likely to be using a checklist of criteria that the candidates need to meet. This checklist may include factors such as experience, education, skills, and qualifications.

For people effectively to be the organization's most valuable resource, they need to be hired, interviewed, compensated, and developed. Hiring is the first step in the process of acquiring the best talent for an organization. Once hired, employees need to be interviewed to assess their suitability for the job. Compensation is also an important factor as it ensures that employees are rewarded for their work.

Finally, employees need to be developed to ensure that they are equipped with the skills and knowledge necessary to perform their jobs effectively.

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Omar Industrles manufactures two products: Regular and Super. The results of operations for 20×1 follow. Mutiple Gnolce $34,500 increase $54,000 increase $69,000 increase $100,000 increase None of the answers 15 correct.

Answers

Omar Industries produces two types of products, Regular and Super. For 20x1, the company has reported its operating results and has witnessed an increase in sales of both the products.

Let us take a look at the data in detail. Multiple Gnolce $34,500 increase $54,000 increase $69,000 increase $100,000 increase None of the answers 15 correct.Regarding the given data, it is unclear what "Multiple Gnolce" stands for. Hence, we can not make any assumptions or calculations based on this particular data.However, we can still talk about the general trend that can be seen in the data. As we can see, there has been an increase in sales for both the Regular and Super products. This shows that the company has been performing well and has been able to sell more products than the previous years.

This is a positive sign for the company and indicates that they are on the right track to growth and profitability.It is important to note that the data provided is not enough to make any further conclusions about the company's performance. We would need more information like the company's expenses, profits, margins, and market share to make any further predictions or analysis.

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Which of these can you change in the Payroll settings section in QuickBooks Online Payroll? Social security rate Withholding perceftinage Federal tax schedule Medicare rate

Answers

In the Payroll settings section in QuickBooks Online Payroll, the following can be changed: Social Security Rate, Withholding Percentage, and Medicare Rate.

Let's have a look at each of them.

Social Security Rate: The Social Security tax rate can be modified in the Payroll settings section of QuickBooks Online Payroll. The Social Security tax rate for 2021 is 6.2 percent, which applies to earnings of up to $142,800. Employers should adjust the employee and employer Social Security tax rates if required.

Withholding Percentage: The Payroll settings section in QuickBooks Online Payroll allows users to change the withholding percentage. The amount of taxes that the employer withholds from an employee's paycheck is determined by the employee's W-4 form.

Employees can adjust their withholdings, or employers can assist them in doing so.

Federal Tax Schedule: The employer can choose which Federal tax schedule to utilize in the Payroll settings section of QuickBooks Online Payroll. There are several tax schedules available, and the employer should select the one that best suits their business. The employer must determine the employee's taxable income using the selected Federal tax schedule.

Medicare Rate: The Medicare tax rate can be changed in the Payroll settings section of QuickBooks Online Payroll. The Medicare tax rate for 2021 is 1.45 percent, which applies to all earnings. Employers should adjust the employee and employer Medicare tax rates if required.

In conclusion, Social Security Rate, Withholding Percentage, Federal Tax Schedule, and Medicare Rate can be modified in the Payroll settings section of QuickBooks Online Payroll.

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How can online marketing, social media, word of mouth, mobile
marketing be used to start a business? Give a lengthy description
for each.

Answers

Online marketing utilizes digital platforms like SEO, PPC, content, and em ail marketing to promote a business. Social media builds brand presence,  Word of mouth relies on positive experiences. Mobile marketing targets users through mobile-optimized websites.

Online Marketing:

Online marketing refers to the use of digital platforms and strategies to promote a business or product on the internet. It encompasses various tactics such as search engine optimization (SEO), pay-per-click advertising (PPC), content marketing, em ail marketing, and more. Here's a detailed description of how online marketing can be used to start a business:

Search Engine Optimization (SEO): SEO is the process of optimizing your website's content and structure to improve its visibility on search engine results pages. By implementing SEO techniques, such as keyword research, on-page optimization, and link building, you can increase your website's organic (unpaid) traffic. This allows potential customers to find your business when they search for relevant keywords on search engines like Go ogle.

Content Marketing: Content marketing focuses on creating and distributing valuable, relevant, and consistent content to attract and engage a target audience. By producing high-quality blog posts, articles, videos, infographics, or podcasts that address your audience's pain points or provide useful information, you can establish your business as an industry authority and build trust with potential customers.

E mail Marketing: E mail marketing involves sending targeted messages to a group of individuals who have voluntarily provided their email addresses. Building an e mail list allows you to nurture leads, send personalized offers or updates, and maintain regular communication with your audience.

Social Media:

Social media platforms have become powerful tools for business promotion and customer engagement. Here's how you can leverage social media to start a business:

Establish Brand Presence: Create accounts on popular social media platforms such as Fac ebook, Ins ta gram, Twi tter, Linke dIn, or You Tube. Develop a consistent brand identity across these platforms, including logos, colors, and messaging. Regularly update your profiles with engaging content that reflects your brand values and resonates with your target audience.

Engage with Your Audience: Social media allows you to interact directly with your audience by responding to comments, messages, and mentions. Actively engage with users, answer their questions, and address their concerns promptly. This builds trust and strengthens your brand reputation.

Run Targeted Advertising Campaigns: Social media platforms provide robust advertising features that enable you to reach specific demographics, interests, or behaviors.

Influencer Marketing: Collaborate with influencers or micro-influencers in your industry who have a significant following on social media. They can help promote your business to their audience, increasing your brand visibility and credibility.

Word of Mouth:

Word of mouth marketing relies on individuals sharing positive experiences or recommendations about a business with others. Here's how you can stimulate and leverage word of mouth marketing:

Provide Exceptional Customer Experiences: Focus on delivering exceptional products, services, and customer support. Satisfied customers are more likely to recommend your business to their friends, family, and colleagues.

Encourage Online Reviews: Actively request reviews from satisfied customers on platforms such as Go ogle, Ye lp, or industry -specific review sites. Positive reviews act as social proof and can influence potential customers.

Referral Programs: Create a referral program that rewards existing customers for referring new customers. Incentivize referrals with discounts, exclusive offers, or loyalty rewards. This encourages customers to actively promote your business to their network.

Mobile Marketing:

Mobile marketing refers to promotional activities aimed at reaching and engaging users on their mobile devices. Here's how you can use mobile marketing to start a business:

S M S Marketing: Send targeted promotional messages or offers directly to users' mobile phones via S M S (Short Message Service). Obtain permission from users before sending messages and provide an opt-out option. S M S marketing can be effective for time-sensitive offers or personalized communication.

Mobile Apps: Consider developing a mobile app if it aligns with your business model. An app can provide additional value to your customers, facilitate purchases, offer loyalty rewards, or enhance the overall user experience.

Location-Based Marketing: Utilize location-based targeting techniques to deliver relevant ads or offers to users when they are in proximity to your physical store or a specific location.

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A 70 year-old man complains of recent changes in bowel habits and blood-tinged stools. Colonoscopy reveals a 3-cm mass in the sigmoid colon. A biopsy of the mass reveals adenocarcinoma. The surgical specimen is shown. Molecular analysis of this neoplasm would most likely reveal mutations in which of the following proto-oncogenes?A. RETB. p-53C. BRCAD. RbE. c-myc We are given a dataset S.csv, whose elements are drawn i.i.d. from a Bernoulli with mean . Let us denote this dataset by a sequence S = (Xt)1tn of length n (i.e., n is the number of elements in the dataset).Compute 0.97-CI (two-sided) for using Hoeffdings inequality. Report the numerical values of the computed intervals, and provide a brief explanation of your calculations (including any formula/procedure used). Katie memorized 40 multiplication facts last week. This week she memorized 56 multiplication facts. What is her percent of increase for mamorizing multiplication facts this week?mcq choices: 140%, 71.4%, 40% ,22.4% . 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