Some states have recently restructured (or are considering restructuring) their electricity industries to allow utilities to purchase wholesale electricity supplies from competitive electric generators in deregulated markets. What do you think has changed that allows state policy makers to consider deregulation?
Answer:
Innovative technologies brought about by competition in the industry that cannot be fostered by state owned electricity corporations or industry
Explanation:
power sector deregulation which allow for private owned power distribution companies are done for the purpose of encouraging competition in the power sector market by eliminating monopoly brought about by state owned power sectors. This consequently eliminates lethargy and inefficiency and non customer focused state owned sectors giving birth to competitive markets where private companies can compete on prices and deliver innovative technologies to solve power problems and satisfy consumers
All the following will help you to identify suspicious sales of high-risk products in your inventory, EXCEPT FOR: A. Taking part in relevant training programs within your establishment. B. Becoming familiar with the traditional uses and sales patterns for high-risk products. C. Participating in partnership activities with law enforcement in your community. D. Identifying purchasers who have numerous questions about specific high-risk products.
Answer:
C. Participating in partnership activities with law enforcement in your community.
Explanation:
This is because, participation in partnership activities with law enforcement has no way of helping you to identify whether a product is a high-risk product or not. It could simply be a way of trying to sensitize the community on the need for something.
For large interest rate increases, duration _____ the fall in security prices and for large interest rate decreases, duration _____ the rise in security prices. a. Overpredicts, underpredicts b. Underpredicts, underpredicts c. Overpredicts, overpredicts d. Underpredicts, overpredicts
Answer:
a. Overpredict, underpredict
Explanation:
Interest rate in domain of finance always bring a check to the economic growth, then the cost of borrowing will be forced to go up.
On the other hand when the interest rate decreases, the cost of borrowing is becomes low, and with this the interest that a consumer will pay will be low then they have much at hand.
It should be noted that For large interest rate increases, duration overpredict the fall in security prices and for large interest rate decreases, duration underpredict the rise in security prices
Hot Wok Cuisine is a premium Asian restaurant chain that differentiates itself from a large number of competitors by providing exclusively organic Chinese cuisine. It has some pricing power because it provides differentiated products and therefore, has some entry barriers in place. In this scenario, Hot Wok Cuisine is most likely operating in a(n) Multiple Choice oligopoly. monopoly. monopolistically competitive industry. perfectly competitive industry.
Answer:
monopolistically competitive industry.
Explanation:
this Asian restaurant is likely operating a monopolistically competitive industry. This kind of market structure is a combination of monopoly and competitive market. as it offers products and services which one similar. Also the question says that it has some barriers to entry, which is a characteristic of monopolistically competitive industry. Also goods are similar but not differentiated
The General Fund levies property taxes in the amount of $1,000,000 for calendar year 2019. It expects to collect $950,000 during the year, $30,000 in the first 60 days of the next year, and $15,000 during the rest of the next year. It does not expect to collect the remaining $5,000. How much property tax revenue should it recognize for the year 2019?
Answer:
Under the accrual basis, it should recognize $1,000,000 as property tax revenue for the year 2019. The remaining $45,000 that it does not collect in year 2019 will be accounted for as Property Tax Receivable while the $5,000 will be recorded as Uncollectible Expense in 2019.
Explanation:
The accrual concept or basis of accounting requires that all revenues and expenses relating to a fiscal year be recognized in that accounting year. It is not only the actual cash receipts and payments that should be recognized. This means that any revenue that is due but not yet received will be accounted for in the year that the revenue arises. And all the related expenses for raising the revenue will also be accounted for in the same year.
The first papers about servant leadership were written by ______.
a. Spears
b. Liden
c. Greenleaf
d. House
Answer:
c. Greenleaf
Explanation:
Servant leadership is a type of leadership in which the individual interact with each other it could be either management or fellows employees with a motive to accomplish an authority instead of power. Also it follows that organization structure which is decentralized
And, the first paper with respect to the servant leadership was wrote by Green leaf and the same is to be considered
Hence, the correct option is C.
A security will make payments of $25 per month for the next 5 years, plus $1000 at maturity. Which of the following is true? Group of answer choices If the price increases from $1,500 to $1,600 then the period rate will be more than the nominal rate If the price increases from $1,500 to $1,600 then the yield to maturity will increase. If the price increases from $1,500 to $1,600 then the effective rate will increase If the price increases from $1,500 to $1,600 then the yield to maturity will decrease.
Answer: If the price increases from $1,500 to $1,600 then the yield to maturity will decrease.
Explanation:
If Yields in the market fell, Bonds would still be making the same coupon payments they always have been regardless of this fall. This will lead investors to buy more bonds which will have the effect of raising bond prices.
This therefore shows that Bond prices and Yields are inversely related. If one rises, the other falls. If the price of the security (bond) increases from $1,500 to $1,600 then it follows that the yield to maturity will decrease.
Yasmin Co. can further process Product B to produce Product C. Product B is currently selling for $34 per pound and costs $26 per pound to produce. Product C would sell for $57 per pound and would require an additional cost of $22 per pound to produce. What is the differential cost of producing Product C
Answer:
Differential cost of producing product C is $22
Explanation:
Total cost of product C = Cost of product B + Additional cost to produce C
= $26 + $22
= $48
Differential Cost = Total cost to produce C - Cost of producing B
= $48 - $26
= $22
Thus, the differential cost of producing product C is $22
Limit pricing will effectively deter entry when:________.
A. the incumbent links the pre-entry price to post-entry profits.
B. the incumbent has incomplete information.
C. the entrant must commit to enter the market.
D. All of the statements associated with this question are correct.
Answer:
A. the incumbent links the pre-entry price to post-entry profits.
Explanation:
Only when the pre-entry price (which is a threat for the entrant) is low enough and at the same time can give post entry profits, will the incumbent’s plan be successful and would deter entry. However, A limit pricing is a technique used by some major producers, in which they sell their goods or services at such low prices that and makes it difficult for any other firm to enter his market as it makes their entry extremely unprofitable.
Which of the following is not a characteristic of a good economic model?a. Captures the full complexity of a phenomenon b. Able to make powerful predictions c. Flexible in design d. Simple to understand
Answer:
c. Flexible in design
Explanation:
An economic model is a simplified version of reality that allows us to understand and predict economic phenomena.
If economic models were flexible in design it would not make accurate predictions
A manager receives a request from an employee to take off a Wednesday for religious reasons. The manager did not know that this employee was particularly religious and does not believe that the leave is for religious reasons. The manager believes that the employee is going to use this day as a personal day off. Should the manager investigate the situation?
Answer:
Yes
Explanation:
There is no federal law that requires that a manager give an employee days off due to religious reasons. Therefore in this scenario, the manager should investigate the situation further. If the manager finds out that the employee is taking advantage of the manager's generosity and lying then they should get reprimanded for doing so. Otherwise, the employee can have their day off as they asked.
People take permission to be off duty for different reasons. I do not want the manager to investigate the situation. It is a No for me because I believe that as Human being, we have to respect all the religion.
U.S. law clearly stipulated that that employers should not discriminate on the basis of religion and must accommodate for religious needs of the employees.Forcing employees not to use or take an off days for religious holidays is said to be not advisable.
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1. Economics is a social science concerned with: A. The best use of scarce resources to achieve the maximum satisfaction of economic wants. B. Increasing the level of productive resources so there is a minimum level of income. C. Increasing the level of productive resources so there is maximum output in society. D. The best use of scarce resources paid for at the minimum level of cost to consumers and businesses
Answer:
A. The best use of scarce resources to achieve the maximum satisfaction of economic wants
Explanation:
Economics is a social science where by scarced resources is Been judiciously utilized in the production of goods and services for human satisfaction, because human wants are so numerous.
Among the different economic system that is used in the world today are capitalism ,socialism and communism,
Samuelson was regarded as the father of modern economics.
Mike and Mary Jane Lee have a yearly income of $ and own a house worth $, two cars worth a total of and furniture worth $. The house has a mortgage of $ and the cars have outstanding loans of $ each. Utility bills, totaling $ for this month, have not been paid. Calculate the debt ratio for the Lee household.
Answer:
48.11%
Explanation:
Calculation for the debt ratio for the Lee household.
First step is to know the Total assets
ASSETS:
House Worth 79,352
Two Cars Worth 19,907
Furniture Worth 10,442
Total Assets =$132,449
Second step is to know the Liabilities
LIABILITIES:
Mortgage Due 58,347
Car Loan Balance 5134
(2,567 each×2)
Utility Bills 242
Total liabilities =63,723
Now let calculate for the Debt debt ratio for the Lee household using this formula
Debt debt ratio=Total liabilities/Total Assets
Let plug in the formula
Debt debt ratio=63,723 /132,449
Debt debt ratio = 0.4811×100
Debt debt ratio = 48.11%
Therefore for Debt debt ratio for the Lee household will be 48.11%
Kieso Company borrowed $680,000 for six months. The annual interest rate on the loan was 9%. Kieso's fiscal year ends on December 31. Kieso borrowed the $680,000 one month prior to the end of its last fiscal year and paid the $680,000 plus interest back five months into its current fiscal year. How much interest expense, if any, would Kieso report at the end of its last fiscal year and at the end of its current fiscal year?
Answer:
How much interest expense, if any, would Kieso report at the end of its last fiscal year and at the end of its current fiscal year?
at the end of the last fiscal year Kieso must report $5,100 in interest expenseat the end of the current fiscal year Kieso must report $25,500 in interest expenseExplanation:
Assuming that Kieso borrowed the money on November 30, the journal entry should be:
Dr Cash 680,000
Cr Notes payable 680,000
On December 31, an adjusting journal entry to record accrued interests must be made:
Dr Interest expense 5,100
Cr Interest payable 5,100
When Kieso paid back the debt on April 30, the journal entry should be:
Dr Notes payable 680,000
Dr Interest payable 5,100
Dr Interest expense 25,500
Cr Cash 710,600
Value chain activities include all of the following except:
A. Distribution.B. Supply-Chain Management.C. Operations.D. Management Information Systems.
Answer:
D. Management Information Systems.
Explanation:
Management information system may be defined as it is the system of information which is to be used for the purpose of making the decision, coordinating, controlling, analyzing and visualization of information in an organization.
Therefore the learning of the management information system includes person, technology and process in an organizational context.
While value chain may be defined as it the primary activity and support activity that add values to the customers.
Which of the following statements about bribery is most accurate? Question 49 options: Bribes, kickbacks, and payoffs offered to entice someone to commit an illegal or improper act are deemed corrupt in some cultures but not in others. The world's major exporting nations have agreed to treat bribery of foreign government officials as a violation of trade agreements. Bribes paid to foreign companies are in some cases a tax-deductible expense in the United States. It is a crime for U.S. corporations to bribe an official of a foreign government or political party unless preapproved by the Federal Trade Commission. It is illegal for a U.S. corporation to bribe an official of a foreign government or political party to obtain or retain business in a foreign country.
Answer:
It is illegal for a U.S. corporation to bribe an official of a foreign government or political party to obtain or retain business in a foreign country.
Explanation:
Managers are constantly seeking out new tools to meet new challenges. Indicate which tool is more or less popular among today’s managers.a. Change management programs b. Outsourcing
Answer:
Outsourcing is more popular and management program is less popular.
Explanation:
Change in management program is less popular while the Outsourcing is more popular because the raking outsourcing is 5 and the ranking of change in management is 9 in the global ranking. Moreover, the manager always looks at two important factors, the needs of the customers and the demands of the environment. These two factors are always helpful for looking at new approaches and techniques.
Transactions for the Sheldon Cooper Company, which provides welding services, for the month of June are presented as follows. June 1 Sheldon Cooper invests $4,000 cash in exchange for shares of common stock in a small welding business. 2 Purchases equipment on account for $1,200. 3 $800 cash is paid to landlord for June rent. 12 Bills P. Leonard $300 after completing welding work done on account. Identify the accounts to be debited and credited for each transaction. Account Debited Account Credited June 1 select an account debited Cash select an account credited Common Stock 2 select an account debited Equipment select an account credited Accounts Payable 3 select an account debited Rent Expense select an account credited Cash 12 select an account debited select an account credited
Answer:
June 01 - Invest cash for stock
Account Debited: Cash
Account Credited: Common Stock capital
June 02 - Equipment purchased
Account Debited: Equipment
Account Credited: Accounts Payable on account
June 03 - paid rent
Account Debited: Rent expense
Account Credited: Cash account
June 13 - Work done on account
Account Debited: Accounts receivable
Account Credited: Service revenue
Sheldon Cooper Company
Journal entries
Date Accounts title Debit Credit
1-Jun Cash account $4,000
Common Stock capital $4,000
2-Jun Equipment $1,200
Accounts payable $1,200
3-Jun Rent expenses $800
Cash account $800
12-Jun Accounts receivable $300
Service revenue $300
Borrowed $4,440 from a local bank on a note due in six months. Received $5,130 cash from investors and issued common stock to them. Purchased $1,500 in equipment, paying $450 cash and promising the rest on a note due in one year. Paid $550 cash for supplies. Bought and received $950 of supplies on account. Prepare a classified balance sheet for Spotlighter, Inc., as of January 31.
Answer:
Classified balance sheet for Spotlighter, Inc., as of January 31.
Assets
Non-Current Assets
Equipment $1,500
Total Non-current assets $1,500
Current Assets
Supplies $1,500
Cash $8,570
Total current assets $10,070
Total Assets $11,570
Equity and Liabilities
Equity
Common Stock $5,130
Total Equity $5,130
Liabilities
Accounts Payable $950
Note Payable $5,490
Total Liabilities $6,440
Total Equity and Liabilities $11,570
Explanation:
Step 1 :
First Record the Transactions as follows
J1
Cash $4,440 (debit)
Note Payable $4,440 (credit)
J2
Cash $5,130 (debit)
Common Stock $5,130 (credit)
J3
Equipment $1,500 (debit)
Cash $450 (credit)
Note Payable $1,050 (credit)
J4
Supplies $550 (debit)
Cash $550 (credit)
J5
Supplies $950 (debit)
Accounts Payable $950 (credit)
Step 2 :
Post the Account Balances to the Trial Balance as follows
Debit Credit
Cash ($4,440 + $5,130 - $450 - $550) $8,570
Note Payable ( $4,440 + $1,050) $5,490
Equipment $1,500
Supplies ($550 + $950) $1,500
Accounts Payable $950
Common Stock $5,130
Totals $11,570 $11,570
Step 3 :
After the Trial Balance has been prepared, Financial Statements can then be prepared using the list of Account Balances. Financial Statement include the Balance sheet that has been required for this question.
During February 2020, its first month of operations, Schwenn Enterprises received a cash of $100,000 by its owner, Inga Schwenn. The company had cash sales of $20,000 and paid cash expenses of $35,000. Assuming no other transactions impacted the cash account, what is the balance in Cash at February 28
gdaniel is working in a job that pays $18,000 per year. He is considering a one-year automobile mechanics course that costs $1,000 for books and tuition. He would stop working for a year while he attends this course. Daniel estimates that this course will increase his income to $23,000 in each of the three years following completion of the course. At the end of those three years, Daniel plans to retire to a commune in Tucson, AZ. The current interest rate is 10 percent. Is it economically rational for Daniel to enroll in the course? Explain and justify your answer.
Answer:
It is not economically rational for Daniel to enroll in the course
Explanation:
Increase in income = $23,000 - $18,000 = $5,000
i = 10% = 0.1
NPV = -(18,000 + 1,000) + 5,000/(1.1)^1 + 5,000/(1.1)^2 + 5,000/(1.1)^3
NPV = -17,000 + (4545.45 + 4132.22 + 3756.74)
NPV = -17,000 + 12,434.41
NPV = -4,565.59
Conclusion: Since NPV is Negative. Therefore, it is not economically rational. So the answer is NO.
An issuer is required to make an 8K filing with the SEC for which of the following events?
I. Election of new members of the Board of Directors
II. Declaration of bankruptcy
III. Declaration of a cash dividend
IV. Proposal of a merger with another corporation
Answer:
I. Election of new members of the Board of Directors
II. Declaration of bankruptcy
IV. Proposal of a merger with another corporation
Explanation:
Form 8K is expected to be filed by an organization for unexpected events that would require the knowledge of the shareholders. The form is to be completed within four days after the occurrence of the event. Some of these events include a declaration of bankruptcy by the organization, the resignation or election of new board Directors, or the merging of the company with another.
In general, events not specified in the original agreements during the establishment of the organization, or key events that happen in the course of the business must be filed in the form 8K.
Consumers' differing tastes are one reason why monopolistic:____.
a) firms encounter large barriers to entry.
b) competitors earn a positive economic profit in the long run.
c) competitors set price at MC.
d) competitors are similar to monopolists.
Answer:
d) competitors are similar to monopolists.
Explanation:
Monopolistic competition refers to a condition of the market in which it connects with various irms that are closely linked to each other but sell distinct products.
Also, there is free entry and exit in this market
In case when consumer taste and preferences are different so the monopolistic competitors are the same as the monopolist
hence, the correct option is d.
Gabi Gram started The Gram Co., a new business that began operations on May 1. The Gram Co. completed the following transactions during its first month of operations.
May 1 G. Gram invested $43,500 cash in the company in exchange for its common stock.
1 The company rented a furnished office and paid $2,400 cash for May’s rent.
3 The company purchased $1,940 of office equipment on credit.
5 The company paid $780 cash for this month’s cleaning services.
8 The company provided consulting services for a client and immediately collected $5,300 cash.
12 The company provided $2,400 of consulting services for a client on credit.
15 The company paid $790 cash for an assistant’s salary for the first half of this month.
20 The company received $2,400 cash payment for the services provided on May 12.
22 The company provided $3,200 of consulting services on credit.
25 The company received $3,200 cash payment for the services provided on May 22.
26 The company paid $1,940 cash for the office equipment purchased on May 3.
27 The company purchased $80 of office equipment on credit.
28 The company paid $790 cash for an assistant’s salary for the second half of this month.
30 The company paid $300 cash for this month’s telephone bill.
30 The company paid $250 cash for this month’s utilities.
31 The company paid $1,600 cash in dividends to the owner (sole shareholder).
Prepare the statement of cash flows for the month of May. Complete this question by entering your answers in the tabs below Income State Prepare the income statement for May Balance State Sheetof Cash GRAM Income Statement For Month Ended May 31 Total expenses Income Statement Statement of Retained Earnings>
Answer:
Gram Co.
Statement of cash flows
For the month ended May 31, 202x
Cash flows from operating activities:
Net income $5,590
Adjustments to net income:
Increase in accounts payable $80
Net cash flow from operating activities $5,670
Cash flows from investing activities:
Purchase of office equipment ($2,020)
net cash flow from investing activities ($2,020)
Cash flows from financing activities:
Issuance of common stock $43,500
Paid dividends ($1,600)
Net cash flow from financing activities $41,900
Net cash increase during May $45,550
Initial balance of cash account $0
Ending balance of cash account (5/31) $45,550
Explanation:
operating cash flows:
rent expense ($2,400)
cleaning services ($780)
service revenue $5,300 + $2,400 + $3,200
assistant's salary ($790)
accounts payable increased by $80
assistant's salary ($790)
utilities bill ($550)
total revenue = $10,900
total expenses = $5,310
net income = $5,590
investing cash flows:
purchased equipment for $1,940
purchased office equipment $80
financing cash flows:
Issuance of common stock $43,500
paid dividends ($1,600)
How does Whole Foods help employees fulfill the needs in Maslow’s Hierarchy?
Answer: it would have cost, more money for the employees and about 70% buy at least on whole food per trip. ( so sorry if this does make sense)
Explanation:
Which of these is not a result of regular exercise?
a) Preventing weight gain
b) Causing your heart to wear out faster
c) Helping reduce your stress levels
d) Helping you to stay mentally alert
please help asap
Recent global changes in political and economic systems show that Multiple Choice East European communist ideology is now widespread. a lack of deregulation was the cause for the global financial crisis of 2008–2009. it is guaranteed that democracy will thrive in most of the world's newer democratic states. the multipolar world dominated by a number of civilizations of the Cold War era has vanished and is now being replaced by abipolar world. many undeveloped and impoverished national markets of eastern Europe, Latin America, Africa, and Asia are potentiallyenormous for international business.
Answer:
many undeveloped and impoverished national markets of eastern Europe, Latin America, Africa, and Asia are potentially enormous for international business.
e.g. Brazil, Mexico, Nigeria
Explanation:
all the other options are wrong because:
East European communist ideology is now widespread. a lack of deregulation was the cause for the global financial crisis of 2008–2009. ⇒ THIS IS FALSE BECAUSE COMMUNISM IS DEAD. BOTH RUSSIA (FORMER USSR LEADER) AND CHINA WHICH WERE THE LARGEST COMMUNIST COUNTRIES HAVE EMBRACED CAPITALISM.
it is guaranteed that democracy will thrive in most of the world's newer democratic states. ⇒ THIS IS FALSE, A LOT OF NEWLY CREATED DEMOCRATIC STATES FELL INTO CIVIL WAR. UKRAINE IS THE LATEST EXAMPLE
the multipolar world dominated by a number of civilizations of the Cold War era has vanished and is now being replaced by a bipolar world. ⇒ THE OPPOSITE IS TRUE. DURING THE COLD WAR THE WORLD WAS DOMINATED BY THE US AND THE USSR (BIPOLAR WORLD), NOW THE WORLD STAGE HAS MORE ACTORS WHICH MAKE SIT A MULTIPOLAR WORLD (E.G. CHINA, THE EU).
Identify whether each the following transactions is a primary market or a secondary market transaction: Jim Henry bought 500 shares of I.B.M. through a broker. Peggy White bought 500 shares of Apple from another investor. New York Life Insurance Co. bought 500,000 shares of Tioga Corp when the company issued the stock.
Answer:
Jim Henry bought 500 shares of I.B.M. through a broker.
SECONDARY MARKET TRANSACTIONPeggy White bought 500 shares of Apple from another investor.
SECONDARY MARKET TRANSACTIONNew York Life Insurance Co. bought 500,000 shares of Tioga Corp when the company issued the stock.
PRIMARY MARKET TRANSACTIONPrimary market transactions that place when an investor purchases securities at the time the corporation or entity issued them, e.g. if you purchased Amazon's stocks at their IPO (or any other time new stocks were issued), it was a primary market transaction. But if you purchased Amazon's stocks at any other time, it is a secondary market transaction. Almost all the transactions carried out everyday are secondary market transactions.
Why Uber in Istanbul is costlier than a cab
Uber enjoys a powerful advantage in Istanbul, since its drivers do not have to acquire extortionately expensive cab licences.
Does net periodidc pension cost show on the income statement?
Answer:
Yes, it is recorded in the income statement.
Explanation:
Periodic Pension Expense is mainly the cost which is related to the pension plans which are mentioned on the income statement of a company. As such these are basically employee benefits provided by the company to their employees in a periodic period and is a source of income for employees when they reach their retirement age.
The costs included in the pension expense are service cost, interest cost, return on the plan's asset, amortization of prior service cost and amortization of actuarial gains or losses incurred during the period.
