The amount of retained earnings that should be restricted because of the treasury stock still owned on December 31 is $176,000. The amount of retained earnings that should be restricted is equal to the cost of the treasury stock still owned.
a. The general journal entries to record the treasury stock transactions are as follows:
Feb. 10
Treasury Stock 510,000
Cash 510,000
(To record the purchase of 17,000 shares of treasury stock at $30 per share)
June 4
Cash 246,000
Treasury Stock 246,000
(To record the reissuance of 6,000 shares of treasury stock at $41 per share)
Dec. 22
Cash 88,000
Treasury Stock 88,000
(To record the reissuance of 4,000 shares of treasury stock at $22 per share)
b. The amount of retained earnings that should be restricted because of the treasury stock still owned at December 31 can be computed using the cost method of accounting for treasury stock. The amount of retained earnings that should be restricted is equal to the cost of the treasury stock still owned.
The total cost of the treasury stock purchased on February 10 is $510,000. The total cost of the treasury stock reissued on June 4 and December 22 is $246,000 and $88,000, respectively. Therefore, the total cost of the treasury stock still owned at December 31 is $510,000 - $246,000 - $88,000 = $176,000.
Thus, the amount of retained earnings that should be restricted because of the treasury stock still owned at December 31 is $176,000.
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Name and explain any three determinants that can affect the supply of a product
The cost of inputs, technological advancements, taxes and subsidies, pricing projections, and the number of sellers in the market can all affect supply.
Changes in non-price factors, such as the quantity of sellers in a market, the level of technology employed in a good's production, the cost of the inputs used to produce a good, and the degree of government regulation, can cause an entire supply curve to shift (increasing or decreasing market supply).
Taxes and regulations, supplier market power, the presence of substitute goods, and economic cycles are only a few examples of the variables that might change the shape or location of supply or demand curves.
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The cost function C=q(V1/2 +w1/2)^2 arises from:
a. a Cobb-Douglas production function
b. a CES production function.
c. a fixed proportions production function
d. a translog production function.
The cost function C=[tex]q(V1/2 +w1/2)^2[/tex] arises from a CES (Constant Elasticity of Substitution) production function.
The CES production function assumes that the inputs of production are substitutes or complements in production. The elasticity of substitution between the two inputs remains constant, allowing for a constant degree of substitution between the two inputs. The cost function in this case is derived by using the mathematical properties of the CES production function.
The cost function shows the minimum cost of producing a certain level of output, given the prices of the inputs. In this case, the inputs are capital (V) and labor (w).
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suppose you think there will be a big jump in stock price but are not sure about the direction. which of the following strategies would make sense?
One strategy that would make sense in this situation is the long straddle.
A long straddle involves buying both a call option and a put option with the same strike price and expiration date. This strategy allows the investor to profit from a large price movement in either direction, as the gain from the winning option will offset the loss from the losing option. For example, if an investor believes a stock will experience a significant price movement but is unsure of the direction, they can buy a call option and a put option for that stock with the same strike price and expiration date.
If the stock price rises above the strike price, the call option will be profitable, and if the stock price falls below the strike price, the put option will be profitable. The investor will realize a profit from whichever option is successful, and the loss from the other option will be offset by this profit.
Overall, the long straddle strategy can be an effective way for investors to profit from uncertain market conditions and large price movements, as it offers the potential for gains in either direction.
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all of the following are examples of accelerating revenue into an earlier period except: multiple choice question. big bath theory channel stuffing bill-and-hold multiple deliverables
Out of the given options, the example that does not represent accelerating revenue into an earlier period is the "big bath theory".
Accelerating revenue into an earlier period refers to the practice of recognizing revenue earlier than when it is actually earned. This can be done through various means, such as channel stuffing, bill-and-hold, and multiple deliverables.
However, the "big bath theory" is not an example of accelerating revenue into an earlier period. This theory suggests that a company deliberately takes large write-offs or charges in a particular period to make future earnings look better in comparison. This does not involve recognizing revenue earlier than it is earned, but rather manipulating expenses to improve future earnings.
Therefore, the main answer to the question is that the "big bath theory" does not represent accelerating revenue into an earlier period.
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Which of the four pricing approaches would a new-product manager be using if he or she is deciding whether to adopt a loss-leader pricing strategy?.
A new-product manager would be using the cost-based pricing approach if he or she is deciding whether to adopt a loss-leader pricing strategy.
This approach involves calculating the total cost of producing the product and then adding a markup to arrive at the final price. In the case of a loss-leader pricing strategy, the product would be priced below cost to attract customers to the store or website, with the hope that they will purchase other products at regular prices.
This approach can be risky, as the company may lose money on the product being sold at a loss, but it can also be a useful tactic to drive traffic and sales.
A new-product manager considering a loss-leader pricing strategy would be using the promotional pricing approach. This approach involves setting a temporarily low price to attract customers and generate interest, with the goal of increasing sales of other products or services in the long run.
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duane goes shopping to replace his push-model lawnmower that recently died. he sees three lawnmowers he likes - a push mower for $199, and two driving mowers with very similar features one priced at $399 and the other priced at $699. even though duane was in the market for a push mower, he ended up buying the driving mower for $399. which cognitive bias did duane most likely fall victim to? sunk cost fallacy anchoring effect loss aversion paradox of choice
The cognitive bias that Duane most likely fell victim to is known as the decoy effect.
The decoy effect occurs when a person's preferences are influenced by the presence of an irrelevant or less attractive option, known as a decoy, that is strategically placed to make another option more appealing. In this case, the push mower priced at $199 is the decoy, and it is meant to make the $399 driving mower seem like a better deal in comparison to the more expensive $699 driving mower.
Duane was initially in the market for a push mower, but when he saw the driving mower priced at $399, he may have compared it to the decoy option and thought that it was a better value. This is an example of how the presence of a decoy can influence a person's decision-making, leading them to choose an option that they may not have otherwise considered.
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--The complete question is, Duane goes shopping to replace his push-model lawnmower that recently died. he sees three lawnmowers he likes - a push mower for $199, and two driving mowers with very similar features one priced at $399 and the other priced at $699. even though duane was in the market for a push mower, he ended up buying the driving mower for $399. which cognitive bias did duane most likely fall victim to?--
you purchased krispy kreme stock valued at $12,000. your full-service investment company charges $5 for commission. what is the total cost of the stock purchase?
Answer:
12,005
Explanation:
That's the right answer!
The answer is that the total cost of the stock purchase would be $12,005.
The $12,000 represents the value of the Krispy Kreme stock that you purchased. However, you also need to consider the commission charged by your full-service investment company, which is $5. This commission is added to the cost of the stock purchase, making the total cost $12,005.
In summary, when buying stocks through a full-service investment company, it is important to factor in any commissions or fees charged in addition to the value of the stocks being purchased. This ensures that you have a clear understanding of the total cost of the transaction.
To find the total cost of the stock purchase, you need to add the commission fee to the value of the stock.
Step 1: The value of the Krispy Kreme stock is $12,000.
Step 2: The commission fee charged by your investment company is $5.
Step 3: Add the value of the stock and the commission fee: $12,000 + $5 = $12,005.
So, the total cost of the stock purchase, including commission, is $12,005.
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When Brenda applied to have her FHA loan refinanced under the Streamline Refinance program, one requirement of the loan was that ______.
Answer:
she would not afford it so she would have to take a loan
One of the Federal Reserve's most powerful tools is its influence over _____, not its influence over _____.
Please choose the correct answer from the following choices, and then select the submit answer button.
Answer choicesthe rate of inflation; expectationsinterest rates; the money supplyexpectations; the money supplyinterest rates; the rate of inflation
One of the Federal Reserve's most powerful tools is its influence over interest rates, not its influence over the money supply.
The Federal Reserve has the ability to control short-term interest rates through its open market operations, which involves buying and selling government securities. By adjusting interest rates, the Fed can influence borrowing costs, investment, and consumer spending, ultimately affecting the overall economy. While the Fed does have some influence over the money supply, its primary focus is on managing interest rates to achieve its objectives of price stability and maximum employment.
In summary, the Federal Reserve's most powerful tool is its influence over interest rates, rather than its influence over the money supply, as this allows it to have a more direct impact on the economy.
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which of the following is part of strategy formulation? group of answer choices orchestrating existing capabilities developing strategic imperatives developing new capabilities continually aligning organizational tasks, structures, processes, and capabilities
Strategy formulation refers to the process of developing a plan for achieving a company's goals and objectives. It involves analyzing the company's current position, identifying areas for improvement.
Orchestrating existing capabilities involves leveraging the company's current resources and capabilities to create a competitive advantage. This may involve reorganizing existing operations, improving processes, or finding new ways to use existing resources.
Developing strategic imperatives refers to identifying key priorities and goals for the company. This may involve conducting market research to identify new opportunities or analyzing the competitive landscape to determine areas where the company can differentiate itself.
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which of these is not a problem for the producer price index as a measure of inflation? please choose the correct answer from the following choices, and then select the submit answer button. answer choices products removed from the market manufacturers exiting their industries changes in quality exclusion of changes in sales promotions
A problem for the producer price index as a measure of inflation. A market situation known as perfect competition occurs when there are many suppliers and customers. The correct answer is c. their industries changes in quality.
Who all purchase the same product the price is set by the meeting point of supply and demand since the businesses are price takers in perfect competition.One of the many examples of perfect competition.
A market where there are numerous producers of the same goods. Large numbers of consumers and sellers, homogeneous items, unfettered entry and exit, complete knowledge, and no transaction costs are the characteristics of a market with perfect competition. Every company in this kind of market produces the same product, and no company has any control over market prices. Consequently, we can draw the conclusion that the statement "An industry with many producers of the same products.
Complete question:
which of these is not a problem for the producer price index as a measure of inflation? please choose the correct answer from the following choices, and then select the submit answer button. answer choices
a. products removed from
b. the market manufacturers exiting
c. their industries changes in quality
d. exclusion of changes in sales promotions
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at the beginning of the year, a company estimates total direct materials costs of $960,000 and total overhead costs of $1,270,000. if the company uses direct materials costs as its activity base to apply overhead, what is the predetermined overhead rate it should use during the year?
The predetermined overhead rate is the rate that a company estimates it will incur in overhead costs for each unit of activity.
In this case, the company has estimated the total direct materials costs for the year to be $960,000 and total overhead costs to be $1,270,000. To calculate the predetermined overhead rate, we need to divide the total estimated overhead costs by the estimated activity base. Since the company is using direct materials costs as its activity base, we will divide the total estimated overhead costs by the total estimated direct materials costs.
To calculate the predetermined overhead rate, we can use the following formula:
Predetermined Overhead Rate = Estimated Total Overhead Costs / Estimated Total Activity Base
In this case, the estimated total overhead costs are $1,270,000 and the estimated total activity base is the total direct materials costs, which is $960,000.
Using the formula, we can calculate the predetermined overhead rate as follows:
Predetermined Overhead Rate = $1,270,000 / $960,000 = 1.32
Therefore, the predetermined overhead rate the company should use during the year is 1.32. This means that for every dollar of direct materials costs, the company should allocate an additional $1.32 in overhead costs.
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Ryan has created a Word document to be used as a review quiz for students in a classroom setting. The document contains both questions and answers, but he would like to print the document without the answers.
What is the easiest option?
Use Hidden text.
Delete the answers.
Include the answers on an additional sheet.
Change the font color for the answers.
Nadia has inserted an image into a Word document and now would like to resize the image to fit the document better.
What is the quickest way to do this?
keyboard shortcut
sizing handles
context menu
sizing dialog box
Eric would like to have a callout text box that makes it look as if the character in an image is speaking.
Which object should he insert into the Word document?
standard text box
WordArt
callout shape
picture
What is the default text-wrapping option when inserting images into a Word document?
Square
Tight
Behind Text
In Line with Text
What can Amber do to make sure no one else can access her document?
Use password protection.
Add editing restrictions.
Use Hidden text.
Mark it as final.
Answer:
The easiest option for Ryan to print the document without the answers is to use Hidden text.
The quickest way for Nadia to resize the image to fit the document better is to use sizing handles.
Eric should insert a callout shape into the Word document to make it look as if the character in an image is speaking.
The default text-wrapping option when inserting images into a Word document is In Line with Text.
Amber can use password protection to make sure no one else can access her document.
A company decides to switch from double-declining balance method to that straight-line method of recording depreciation. What type of change/correlation is this?
a. Change in accounting principle.
b. Change in reporting entity.
c. Change in accounting estimate.
d. Correction of an error.
The change in accounting method from a double-declining balance to a straight-line method is a change in accounting principle.
This is because it involves a change in the fundamental method used to calculate the depreciation expense for the company's assets.
A change in accounting principle is a change in the method or approach used by a company to prepare its financial statements. Such changes can occur due to a variety of reasons, including changes in accounting standards, changes in business operations, or changes in management philosophy. In this case, the company has made a deliberate decision to change its accounting method for depreciation, which is a fundamental accounting principle.
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A local charity asks you to fill out a survey and send them money if you can. You decide to fill out the survey. After filling out the survey, for some reason, you go ahead and send them $20. While you feel good that you contributed, you may be experiencing the _____.
After filling out the survey and contributing $20 to the local charity, you may be experiencing a mix of emotions.
On the one hand, you may feel a sense of pride and satisfaction that you were able to help a worthy cause and make a positive impact in your community. The act of contributing to a charity can also bring about a sense of altruism and empathy towards others, which can be a fulfilling and meaningful experience.
On the other hand, you may also be experiencing a sense of uncertainty or apprehension about whether your contribution will actually make a difference, or if it was the right decision to give money to the charity in the first place. This is a common concern, especially when it comes to charitable organizations that are unfamiliar or have a history of mismanagement or fraud.
Despite these mixed emotions, it's important to remember that every contribution, no matter how small, can make a difference in someone's life. By supporting local charities and organizations, you are helping to build a stronger and more connected community, and making a positive impact on the world around you. So, while you may have some reservations or doubts about your contribution, rest assured that your act of charity is appreciated and valued by those who benefit from it.
It sounds like you're looking for a term to describe the feeling you experience after completing the survey and contributing $20 to the local charity. In this context, the term you might be looking for is "warm glow effect."
The warm glow effect is a psychological phenomenon where individuals experience a positive emotional response after contributing to a charity or engaging in an act of kindness. In your situation, after filling out the survey and donating $20 to the local charity, you may be experiencing the warm glow effect, as you feel good about your contribution to a charitable cause.
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The LightSpeed team managers participated in daily conference calls, made sure teams in different countries could depend on one another, and developed an internal website devoted to LightSpeed. All of these actions resulted in
Multiple Choice
unnecessarily high costs of development.
increased motivation among the managers.
slower development as individuals tried to cope with all the varied IT.
decreased worker motivation.
better global communication for the team.
The actions taken by the LightSpeed team managers, such as participating in daily conference calls, promoting interdependence among teams, and creating an internal website, were aimed at improving global communication within the team.
These efforts would likely result in better communication, coordination, and collaboration among team members, leading to increased productivity, efficiency, and ultimately, success in achieving the team's goals.
Thus, the most likely outcome of these actions would be better global communication for the team, rather than unnecessarily high costs of development, decreased worker motivation, or slower development due to coping with varied IT.
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The LightSpeed team managers participated in daily conference calls, made sure teams in different countries could depend on one another, and developed an internal website devoted to LightSpeed. All of these actions resulted in
Multiple Choice
unnecessarily high costs of development.increased motivation among the managers.slower development as individuals tried to cope with all the varied IT.decreased worker motivation.better global communication for the team.which scenario depicts a work situation that fulfills the three fundamental needs discussed by blustein:
According to Blustein, the three fundamental needs that must be fulfilled in a work situation are relatedness, competence, and autonomy. Therefore, a work situation that fulfills these three needs can be illustrated as follows:
The work situation should have a sense of relatedness where employees feel connected and valued by their colleagues and superiors. Employees should be given opportunities to build relationships with others in the organization, which can be achieved by having team-building activities or social events. Furthermore, the organization should have an open-door policy where employees can communicate their ideas and concerns without fear of retribution.
Secondly, the work situation should provide opportunities for competence development. Employees should be given challenging tasks that allow them to utilize their skills and abilities, and they should receive constructive feedback to help them improve. Additionally, the organization should provide training and development opportunities to help employees grow in their roles and acquire new skills.
Lastly, the work situation should allow employees to have a sense of autonomy. They should have the freedom to make decisions and be trusted to do their jobs without constant supervision. This can be achieved by delegating responsibilities and allowing employees to take ownership of their work.
In conclusion, a work situation that fulfills the three fundamental needs of relatedness, competence, and autonomy can result in a motivated and engaged workforce that is committed to achieving the organization's goals.
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In ________, current prices reflect the price history and trading volume of the stock. It is of no use to chart historical stock prices to predict future stock prices such that you can identify mispriced stocks and routinely outperform the market. A. weak-form efficient markets B. strong-form efficient markets C. semi-strong-form efficient markets D. operational efficient markets
In semi-strong-form efficient markets current prices reflect the price history and trading volume of the stock. It is of no use to chart historical stock prices to predict future stock prices such that you can identify.Tje correct answer is C. semi-strong-form efficient markets.
The stock price is the price that a share of stock is currently trading for on the market. A price that, ideally, corresponds to the worth of the company itself is allocated.
To each share of a publicly listed company when it is issued. Only the stock price of a company can tell you what it is currently worth or what it is worth in the market. As a result, the price represents the stock's market worth or the agreement between a buyer and a seller on a price. If there are more buyers than sellers, the stock price will increase. If there are more vendors than clients, the price will drop. The share price is the cost at which one share of a firm would be purchased.
Complete question:
In ________, current prices reflect the price history and trading volume of the stock. It is of no use to chart historical stock prices to predict future stock prices such that you can identify mispriced stocks and routinely outperform the market. multiple choice questions
A. weak-form efficient markets
B. strong-form efficient markets
C. semi-strong-form efficient markets
D. operational efficient markets
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if the performance appraisal for a sales rep does not measure the quality of follow-up service, the appraisal is probably:
If the performance appraisal for a sales rep does not measure the quality of follow-up service, the appraisal is probably incomplete or inadequate. A thorough performance appraisal should assess all aspects of the sales representative's job, including not just their ability to make sales but also their ability to provide quality customer service and follow-up support.
Without measuring these aspects, the appraisal may not accurately reflect the sales representative's overall effectiveness and may not provide them with the feedback and guidance they need to improve their performance. Therefore, a long answer to this question would be that an appraisal that fails to measure the quality of follow-up service is a "partial" appraisal that does not provide a complete evaluation of the sales rep's performance.
A performance appraisal should encompass all aspects of a sales rep's job, including the quality of follow-up service. If it does not measure this, the appraisal may not provide a complete picture of the sales rep's overall performance and effectiveness, which could lead to misjudgments in evaluating their success and areas for improvement.
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if the interest rate is 5 percent then what is the present value of a 4000 to be received in 16 years
The present value of $4,000 to be received in 16 years at an interest rate of 5 percent is $1,507.96.
The present value of $4,000 to be received in 16 years at an interest rate of 5 percent, we need to use the present value formula:
PV = FV / [tex](1 + r)^n[/tex]
PV = Present value
FV = Future value
r = Interest rate
n = Number of periods
PV = [tex]4000 / (1 + 0.05)^{16[/tex]
PV = 4000 / 2.653297
PV = 1507.96 (rounded to two decimal places)
Therefore, the present value of $4,000 to be received in 16 years at an interest rate of 5 percent is $1,507.96.
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according to the chemical equation given. which of the following mathematical expressions can be used to calculate the current required to produce
Alternatively, if the chemical equation involves a reaction that produces heat or absorbs heat, mathematical expressions can be used to calculate the amount of heat involved.
In a chemical equation, the reactants on the left side of the equation are transformed into products on the right side of the equation. The equation provides information about the ratio of reactants to products and the amount of each substance involved in the reaction. Mathematical expressions can be used to calculate various parameters, such as the amount of a substance produced, the rate of the reaction, or the energy changes involved in the process.
For example, if the chemical equation describes an electrochemical reaction involving the flow of electrons, mathematical expressions can be used to calculate the current required to produce a certain amount of product.
The current is related to the number of electrons flowing through the system per unit time, and it can be calculated using the equation I = Q/t, where I is the current, Q is the charge (in coulombs), and t is the time (in seconds).
The amount of heat is related to the change in enthalpy (ΔH) of the reaction, which can be calculated using the equation ΔH = Q/n, where Q is the heat (in joules), and n is the number of moles of the substance involved in the reaction.
In conclusion, mathematical expressions can be used to calculate various parameters in chemical equations, depending on the nature of the reaction and the information provided by the equation. It is important to understand the units and variables involved in the expressions and to use appropriate mathematical tools to solve the problem at hand.
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according to pecking-order hypothesis, a profitable firm is likely to use ???? debt than a less profitable firm
According to the pecking-order hypothesis, a profitable firm is likely to use less debt than a less profitable firm.
The pecking-order hypothesis suggests that firms prefer to use internal financing, such as retained earnings, before external financings, such as debt. This is because external financing can be more costly and may result in a loss of control for the firm. However, when a firm does need to use external financing, it will choose the least costly option first, such as debt, before turning to equity financing.
In the case of a profitable firm, it is more likely to have higher levels of internal financing available, which means it will need to rely less on external financing. Therefore, it will use less debt than a less profitable firm, which may have to rely more on external financing to fund its operations.
Overall, the pecking-order hypothesis suggests that a firm's profitability will affect its choice of financing, with more profitable firms preferring to use internal financing and less debt.
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if money were not an object, and you could follow your heart, what would you choose to spend your life doing?
If money were not an object, and I could follow my heart, I would choose to spend my life traveling the world, meeting new people, learning about different cultures, and experiencing all that this beautiful planet has to offer.
I would document my adventures through photography and writing, sharing my experiences with others through social media and publications. I would also use my platform to raise awareness about environmental conservation and sustainability, and work towards creating a more sustainable future for generations to come. Additionally, I would use my resources to give back to communities in need, whether through volunteering, donations, or other forms of support. Ultimately, my dream is to live a fulfilling life, while also making a positive impact on the world around me.
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Ed sheeran beat a copyright lawsuit that claimed which of his songs contains plagiarized elements?.
Ed Sheeran recently beat a copyright lawsuit that claimed his song "Thinking Out Loud" contained plagiarized elements from Marvin Gaye's hit "Let's Get It On."
What was the lawsuit?The lawsuit was brought forth by the estate of Ed Townsend, a co-writer of "Let's Get It On." However, a judge ruled in Sheeran's favor, stating that while the two songs shared some similar elements, they were not substantial enough to constitute copyright infringement.
This ruling was a relief for Sheeran, who had previously faced similar lawsuits over his songs "Photograph" and "Shape of You."
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which body mandated that operating firms in its jurisdiction submit their financial reports using xbrl?
The body that mandated the use of XBRL for financial reporting by operating firms in its jurisdiction is the Securities and Exchange Commission (SEC) in the United States.
In 2009, the SEC adopted rules requiring all public companies and mutual funds to submit their financial statements using XBRL. This mandate aimed to improve the transparency, accuracy, and accessibility of financial data for investors and analysts.XBRL, which stands for eXtensible Business Reporting Language, is an open global standard for exchanging financial and business information. It enables the tagging of financial data using standardized elements, making it easier to compare and analyze financial information across different companies and industries.The SEC's XBRL mandate has been successful in achieving its goals of improving financial reporting and making it more accessible to investors. It has also paved the way for other countries to adopt XBRL for financial reporting, including Japan, India, and the European Union.Overall, the SEC's decision to mandate XBRL for financial reporting has had a significant impact on the financial industry, providing investors and analysts with more accurate and transparent financial data.
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on a first lien transaction of more than $50,000, the loan is considered to have failed the hoepa apr test if it exceeds what percentage of the apor?
On a first-lien transaction of more than $50,000, the loan is considered to have failed the HOEPA APR test if it exceeds the APOR (Average Prime Offer Rate) by more than 6.5 percentage points for a first-lien mortgage or 8.5 percentage points for a first-lien jumbo mortgage.
The APOR is the average interest rate offered to borrowers with good credit by a group of lenders in a specific time period, and it serves as a benchmark to determine whether a loan is considered high-cost or not.
The purpose of the HOEPA APR test is to protect consumers from predatory lending practices by identifying loans with excessively high-interest rates and fees.
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Apple tries to keep cost low by manufacturing in Asia. Apple prices the iPhone at a specific price because it has features and applications that customers want and are willing to pay for. Apple uses ________ based on buyers' perceptions of what the iPhone is worth, not Apple’s cost, as the key to pricing.
a.
Competitive pricing
b.
Customer value-based pricing
c.
Cost-based pricing
d.
Variable pricing
Apple uses customer value-based pricing based on buyers' perceptions of what the iPhone is worth, not Apple’s cost, as the key to pricing.
This means that Apple determines the price of the iPhone based on the perceived value that customers place on the features and applications it offers, rather than the cost of manufacturing it. By using customer value-based pricing, Apple is able to price the iPhone in a way that reflects the value that customers place on it, which can help to increase sales and revenue.
Additionally, by manufacturing in Asia, Apple is able to keep its costs low, which can help to increase its profit margins even when using customer value-based pricing.
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3. Which two of the following are most likely to be disadvantages of becoming a
franchisee rather than setting up your own business?
Select two answers.
A Franchises are more likely to fail than businesses which have been set up
independently
B The franchisee has to pay a fee to the franchisor for setting up in business
С Franchises tend to sell products that are unpopular with customers
D The franchisee cannot sell the business without the franchisor's permission
E Franchisees need far more business skills to be successful than people who
set up on their
Own
Franchisees need far more business skills to be successful than people who set up on their own and the franchisee cannot sell the business without the franchisor's permission are most likely to be disadvantages of becoming a franchisee rather than setting up your own business.
High expenses and royalties, rigorous product regulations, lack of help from uninterested franchisors, a lack of flexibility in location and trading methods, and other start-up difficulties are disadvantages for franchisees. It's crucial to enter into a contract with a franchisor who is interested. Small Control.
The main drawback of franchises is that they have limited control because they already have a predetermined formula and a well-defined brand. This is especially painful for a franchisee with a strong sense of initiative who might want to change something or add something to their company.
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Exhibit 7-7 Cost schedule for a firm
Quantity Total Cost Marginal Cost
0 $ 200 1 900 2 $900
3 3,000 In Exhibit 7-7, by filling in the blanks it can be determined that the fixed costs are:
Group of answer choices
A. 0
B. 900
C. 200
D. 1,000
E. 3,000
This means that $200 is the fixed cost. Therefore, the answer is (C) $200.
The majority of fixed costs are expenses that depend more on time than they do on how much your company produces or sells. Rent and leasing fees, salary, energy prices, insurance, and loan repayments are a few examples of fixed costs. There are certain taxes that are fixed expenses as well, such as business licences.
Fixed costs are expenses that remain constant regardless of whether sales or production volumes rise or fall. This is so because they are not involved in the actual process of producing a something or providing a service. Fixed costs are therefore regarded as indirect costs.
Fixed costs are those costs that do not change with the level of production. We can determine the fixed costs by finding the total cost at the zero level of production.
From the cost schedule in Exhibit 7-7, we can see that at the zero level of production, the total cost is $200. This means that $200 is the fixed cost.
Therefore, the answer is (C) $200.
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poodle corporation was organized on january 3, 2021. the firm was authorized to issue 85,000 shares of $5 par common stock. during 2021, poodle had the following transactions relating to shareholders' equity: issued 23,000 shares of common stock at $6.50 per share. issued 16,000 shares of common stock at $8.50 per share. reported net income of $107,000. paid dividends of $54,000. what is total paid-in capital at the end of 2021?
The total paid-in capital at the end of 2021 for Poodle Corporation can be calculated as follows:
First, we need to calculate the total amount of money raised from the issuance of common stock.
23,000 shares x $6.50 per share = $149,500
16,000 shares x $8.50 per share = $136,000
Total raised from issuance of common stock = $149,500 + $136,000 = $285,500
Next, we need to calculate the total amount of par value of common stock.
85,000 shares x $5 par value per share = $425,000
Finally, we can calculate the total paid-in capital by adding the total amount of money raised from the issuance of common stock to the total amount of par value of common stock.
Total paid-in capital = $285,500 + $425,000 = $710,500
Therefore, the total paid-in capital at the end of 2021 for Poodle Corporation is $710,500.
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