There is a technological improvement in the production of good X, As a result, the supply curve for good X will shift resulting in a decrease in the equilibrium price of X and increase in the equilibrium quantity of X
What is Technology Improvements?Technology Improvements can be regarded as the improvements as well as enhancements, in production of a particular product.
In the production of a particular product X , once supply curve for good X shift, it will result in a decrease in the equilibrium price .
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when making deferral adjustments to record the amount used during the period for items such as prepaid insurance or supplies, the debit will a(n) ___________ account. (enter one word per blank.)
When making deferral adjustments to record the amount used during the period for items such as prepaid insurance or supplies, the debit will be an Expense account.
What are deferral adjustments?Deferral adjustments are accounting entries that shift some portions of a deferred account into the current period.
These deferral journal entries include:
Revenue entries (recognizing current or earned revenues)Expenses entries (recognizing current or incurred expenses against prepayments).Thus, when making deferral adjustments to record the amount used during the period for items such as prepaid insurance or supplies, the debit will be an Expense account.
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Jasmine's General Store advertises cans of X-brand tomatoes for $.33 per can, although she does not have any in stock. When customers arrive to buy the tomatoes, Jasmine tells them that her stock of tomatoes has been sold and that she cannot get more at the lower price. She tells customers she has Y-brand tomatoes in stock for $.55 per can and that the Y-brand tomatoes are far superior to the X-brand. Jasmine is:
In this scenario, where the store advertises cans of X-brand tomatoes but sells Y-brand tomatoes instead at a higher price, Jasmine is a. engaging in bait-and-switch advertising.
What is bait-and-switch advertising?Bait-and-switch advertising is a sales fraud that involves luring customers in with false claims about product quality and price when it is not available.
During the process, the customer is usually offered another product that may have a higher price than the one originally advertised.
Question Completion with Answer Options:a. engaging in bait-and-switch advertising.
b. violating regulation Z.
c. employing good business tactics.
d. engaging in counter-advertising.
Thus, Jasmine is a. engaging in bait-and-switch advertising.
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Kaylee's refrigerator suddenly breaks down. It's old and would be expensive to repair, so she decides to buy a new one. Kaylee chooses a refrigerator with a 12-month, no-interest financing offer. The sales agreement lists the sale price, the amounts and dates of payments, the APR that will apply if Kaylee doesn't pay off the refrigerator in 12 months, and a lot of other information. The law that requires sellers to provide this information to purchasers is
Kaylee's refrigerator suddenly breaks down. It's old and would be expensive to repair, so she decides to buy a new one. The law that requires sellers to provide this information to purchasers is "The Truth-in-Lending Act". This is further explained below.
What is The Truth-in-Lending Act?Generally, In 1968, Congress passed and President Nixon signed the Truth in Lending Act (TILA) to protect customers from dishonest lenders.
In conclusion, Kaylee's fridge has broken down unexpectedly. Being too old and costly to fix, she opts to replace it instead. The "Truth-in-Lending Act" is the piece of legislation that mandates vendors provide this data to buyers.
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Many corporate executives reported that they use social media to communicate their socially responsible activities to customers because it: Multiple select question. reaches broad and diverse groups allows them to connect directly with customers allows them to reach specific groups more directly is costly, but worthwhile in reaching specific customers
Many corporate executives reported that they use social media to communicate their socially responsible activities to customers because it allows them to connect directly with customer.
What is social responsibility?It should be noted that social responsibility is when a company monitors and does things that will be beneficial to the public.
In this case, many corporate executives reported that they use social media to communicate their socially responsible activities to customers because it allows them to connect directly with customer.
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Answer:
reaches broad and diverse groups
allows them to connect directly with customers
allows them to reach specific groups more directly
Explanation:
7. If the variable cost per unit increases by $1, spending on advertising increases by $1,150, and unit sales increase by 130 units, what would be the net operating income
The question is incomplete and hence the correct question is shown below
Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units):
Sales: $20,000
Variable expenses: $12,000
Contribution margin: $8,000
Fixed expenses: $6,000
Net operating income: $2,000
If the variable cost per unit increases by $1, spending on advertising increases by $1,150, and unit sales increase by 130 units, what would be the net operating income?
The net operating income is $860
Given the values for sales , variable expenses , contribution margin , fixed expenses and the net operating income
We know that
Sales: ((1150+130)=1180 units) * ($20,000/10)=$20) = $23,600
Variable Expenses: 1180 units * ($12,000/1000)+1) = $13) = $15,340
Contribution Margin (Sales - Variable Expenses): $8,260
Fixed Expense (Variable Expense - Contribution Margin): $7,400
Net Operating Income (Contribution Margin - Fixed Expense): $860
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Expenses follow the same debit and credit rules as a.the drawing account b.liabilities c.revenues d.the capital account
Expenses follows the same rule of the debit and credit as that of the Drawing account.
What is Drawing Account?The Drawing account is the account in which the transactions of the money withdrawn from the business is recorded. The money is withdrawn by the owner of the business.
The golden rule of the accounting says that the debit the expenses and losses and credit the income and gains.
A debit to the drawing account and a credit to the cash account constitute the standard accounting entry for the drawings account (or whatever asset is being withdrawn).
It reflects the capital's deductibility from the overall equity of the company.
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Which buyer agreement document provides the greatest advantage for you in your relationship with a potential buyer
Answer:
the buyer document is a contract documents
The buyer agreement document that provides the greatest advantage for you in your relationship with a potential buyer is a contract.
What is a contract?A contract is a legally binding agreement between two or more parties that outlines the terms and conditions of their relationship. It establishes the rights and obligations of each party and provides a framework for resolving disputes. A contract can be written or verbal, but written contracts are generally preferred as they provide clear evidence of the parties' intentions.
If you enter into a contract with your potential buyer, the buyer will have a legal obligation to buy your product or service at a predetermined price and date. So, it guarantees that sale would happen.
Therefore, the buyer agreement document that provides the greatest advantage for you in your relationship with a potential buyer is a contract.
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Assume that a company buys a new machine for $220,000 that has a useful life of five years and a $20,000 salvage value. The new machine will replace an old machine that can be sold for a salvage value of $10,000. The machine will generate incremental contribution margin of $37,500 per year. The only fixed expense associated with the new machine is its annual depreciation of $40,000 per year. What is the payback period for this investment
= $ 220000 – 10000
= $ 210,000
Annual Cash inflow = Contribution margin = $ 52500Payback period = Initial cost of investment /Annual cash inflow=$210000 / 52500
= 4.0 years
Answer = 4.0 yearsHence, in four years pay back period for this investment will take place
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James has $1500 to open a checking account. He can maintain a monthly balance of at least $1000. He plans to use the ATM four times per month at his local branch. He does not overdraft his account and plans to use direct deposit. He also plans to pay his bills online and he averages 8 bills per month. Bank Account Terms and Conditions James wants an account with the lowest fees. Which checking account would be best for James
Based on James's preferences and the conditions offered by the banks, the best checking account for James would be Account A.
Which account should James pick?James would be able to use the ATM as many times as he wants with Account A as they have no ATM fees.
He wouldn't have to pay annual fees, online billing fees, and monthly fees because he is using direct debit. There will also be no overdraft fees as he doesn't overdraft his account. Account A is therefore best.
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Describe the role of hotel management in the field of tourism. .
Answer:
The management of staff members as well as the planning, marketing, coordinating, and administration of hotel services including food and lodging amenities are within the purview of hotel managers.
Max owns a townhouse in Sacramento. He is in the process of leasing it to Hannah. The contractual lease states Hannah Scott will be leasing Max Thomas' townhouse for two years beginning July 1. She will be paying $1,000 per month due by the first of each month. The lease clearly states Max will be the landlord of the townhouse and Hannah the tenant. Is there a minimum requirement for a California lease missing
The minimum requirement for a California lease that is missing in the contractual lease between Max and Hannah Scott is the absence of a sufficient description of the property.
What are the minimum requirements for a California lease?A California lease requires a sufficient description of the property, for example, an address, which gives it a legal description.
Other requirements for a California lease include:
Rental amountDuration of the rental periodPayment due datesDeposits or feesCondition of the property at the beginning of the leaseMaintenance expectations.Question Completion with Answer Options:a. No, the lease has met all of the minimum lease requirements of the state of California.
b. Yes, the missing minimum requirement is the absence of the issue of a security deposit.
c. Yes, the missing minimum requirement is the absence of any assignment and subleasing options.
d. Yes, the missing minimum requirement is the absence of a sufficient description of the property, such as an address and/or a legal description.
Thus, the minimum requirement for a California lease that is missing in the contractual lease between Max and Hannah Scott is the absence of a sufficient description of the property.
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________ occurs when an agency, rather than acting in the public interest, becomes too favorable toward the organized interests or corporations it is supposed to be regulating.
When an agency acts in the interests of corporations it is meant to be regulating, this is called Regulatory capture.
What is regulatory capture?In order to ensure that corporations don't act in ways that threaten the public, regulatory agencies are tasked with moniotirung their moves.
When these agencies stop regulating these companies and instead becomes favorable to them, then the agency has been captured in what is called regulatory capture.
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neither tom ________ manny has emailed the document to jerusha.
Neither tom nor manny has emailed the document to jerusha.
What is email?Email contains information or message that is sent electronically.
Neither agrees with nor in a sentence as they both act as conjugate and this means neither of the two emailed Jerusha.
Therefore, Neither tom nor manny has emailed the document to jerusha.
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A sudden and widespread disruption of financial markets that occurs when people lose faith in the liquidity of financial institutions and markets is a(n):
When people lose faith in the liquidity of financial institutions and markets as a result of a disruption, this is called a Financial Panic.
What is a financial panic?This arises when people try to remove as much of their money as possible from financial institutions and markets because they don't trust that they can easily get their cash if they leave it there.
It is caused by a disruption to financial markets and the largest one was the Great Depression of 1929.
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In the IS-LM model when government spending rises, in the short-run equilibrium, in the usual case the interest rate __________ and output ___________
In the IS-LM model when government spending rises, in the short-run equilibrium, in the usual case the interest rate rises and output rises.
What Is the IS-LM Model?The IS-LM version, which stands for "investment-savings" (IS) and "liquidity preference-cash supply" (LM) is a Keynesian macroeconomic version that suggests how the marketplace for monetary goods (IS) interacts with the loanable finances marketplace (LM) or cash marketplace.
It is represented as a graph wherein the IS and LM curves intersect to reveal the short-run equilibrium among hobby charges and output.
Your question is incomplete, but most probably your full question was:
In the IS-LM version while authorities spending rises, in short-run equilibrium, withinside the typical case, the interest rate ______ and output ______.
rises; fallsrises; risesfalls; risesfalls; fallsHence, the appropriate alternative is rises; rises.
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which of the following items are initially recorded as an expense on the income statement?
The items that are initially recorded as an expense on the income statement are:
a. Research and development costsb. Advertising costsWhat is an Income Statement?This refers to financial information that stores all the inflows and income that occurred over a period of time.
Hence, we can see that from the complete text, there are lists of items and the Research and development costs and Advertising costs are initially included as expenses in the income statement.
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In order to successfully carry out an acquisition, the managers at Pink Inc. prepared a list of potential target companies that it could purchase. In the next step, the managers evaluated each prospective company in depth to understand their methods of operations, processes, procedures, strengths, and limitations in order to choose the best target company. This process of evaluating the companies is best known as _________.
This process of evaluating the companies for acquisition is best known as A. Due diligence.
What is corporate acquisition?Corporate acquisition refers to the corporate act of taking over another company for business expansion and other strategic intents.
To make a successful acquisition, the acquiring company carries out due diligence by evaluating potential acquisition candidates.
Question Completion with Answer Options:A. Due diligence
B. Market intelligence
C. Consultation
D. Market evaluation
Thus, this process of evaluating the companies for acquisition is best known as A. Due diligence.
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In early April, an investor buys 1 XYZ Oct 60 call for $9 and sells 1 XYZ Jul 70 call for $4. If the investor buys back the Jul call for $1 and sells the Oct call for $12, what will the pretax profit or loss be?
Answer:
$600 profit
Explanation:
bought Oct Call at $9 and sold at $12 = $3 profit
sold Jul Call at $4 and bought back at $1 = $3 profit
total profit $6 per option x 100 shares = $600
A small island country has recently begun an initiative aimed at attracting more businesses to revitalize the economy. An increase in bed and breakfasts, resorts, casinos, hotels, and restaurants has created several jobs, as well as brought in more tourist dollars. However, the island’s president isn't satisfied and has announced a special effort to attract small- to medium-size suppliers and manufacturers. Why do you think he wants to put additional emphasis on businesses that produce goods rather than provide services?
Service jobs have higher salaries than manufacturing jobs.
Manufacturers pay more in taxes.
Manufacturing has the most significant multiplier effect.
Service businesses conflict with manufacturing.
Option (b) Manufacturing has the most significant multiplier effect.
Manufacturing is the basic to produce any product or to start any business. As in the case study we studied small island country has taken initiative to attract more and more business. On the other hand, president has announced a special effort to attract small- to medium suppliers and manufactures because to firstly balance everything in the economy like reduce unemployment, providing proper wages so that workers would encourage to perform best in their fields.Once the everything is balanced then it can lead to hike in the economy.Learn more about this here-
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Which of the following is probably the MOST difficult environmental factor for owners
and managers to forecast, influence, or integrate into business plans?
Social change is a difficult environmental factor for owners and managers to forecast, influence, or integrate into business plans.
What is social change?Social change is one the external factors that affect market.
It makes it difficult for the marketing management and staffs to make decisions and plans regarding market.
Therefore, Social change difficult environmental factor for ownersand managers to forecast, influence, or integrate into business plans.
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Which firm is most likely to be a natural monopoly?
A pharmaceutical industry is most likely to be a natural monopoly
What are natural Monopoly?A natural monopoly is a type of market that is established on a large scale basis.
It is mostly managed by an individual because of the running cost and the industry will supply goods related to them.
Therefore, A pharmaceutical industry is most likely to be a natural monopoly
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Are imports to Russia subject to VAT?
Answer:
yes
Explanation:
they pay 20 percent and is paid directly to Russia
Answer:
The Russian import VAT 20% has to be paid. The tax has to be paid directly to the Russian customs .The customs is one of the contributaries of development.In and out of goods may charged at the same VAT of 20%.
By Sk.
Between 1986 and 2018, the top marginal personal income tax rate was 40 percent or less compared to 70 percent or more prior to 1981. Compared to the earlier time period, in recent years the share of personal income taxes paid by high income taxpayers a. has been virtually unchanged. b. has been lower. c. has been higher. d. increased in the late 1980s, but has been falling ever since.
When compared to the earlier time period, the share of income paid as taxes by high income earners b. has been lower.
How has the percentage of income tax paid changed?Before 1981, high earners could pay as much as 70% of their earnings as taxes to the government.
Since 1986 however, high earners have not paid more than 40% of their earnings which shows that they are paying percentages on their income.
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What is the corpus callosum?
The corpus callosum is the part of the brain that has white matter that helps in the connection of the left and the right cerebral parts of the human brain.
What is the role of the corpus callosum?The role of the Corpus Callosum is to make sure that the right side and the left side of the brain are able to connect.
By the word connect, this would mean that they are able to send messages to each other.
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Suppose an economy is at its steady-state equilibrium and there is a permanent reduction in the saving rate of the economy. In this case, as the economy approaches its new steady state, capital per worker will _____ and output per worker will _____.
In this case, as the economy approaches its new steady-state, capital per worker will increase and output per worker will decrease. This condition is true according to the Solow Growth Model.
What is the Solow Growth Model?The Solow Growth Model references Long-Run Economic Growth in relation to Savings and Investment.
According to this model, an increase in savings translates to positive economic indicators such as reduced employment and increment in national income.
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a simple contract is defined as an informal contract made without the formalities of a seal. true false
It is true that a simple contract is defined as an informal contract made without the formalities of a seal.
What is simple contract?This is a contract between two parties which could be oral or written. It is to be noted that parties to simple contract have intended to be legally bound by it.
Some of the examples of simple contracts are:
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Losses in asset values due to adverse changes in interest rates are borne initially by the
Losses in asset values due to adverse changes in interest rates are borne initially by the equity holders
Who are the equity holders?Equity holders are individual that owns a particular asset that has liabilities attached to them
Equity is expressed as difference between liabilities and assets of a business.
Hence we can conclude that losses in asset values due to adverse changes in interest rates are borne initially by the equity holders
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in which situation is a country most likely to choose a fixed exchange rate for its currency
Under what circumstances does fair use apply
Answer:
Fair use protects the usage of copywritten content under the condition that the content is criticizing or parodying said content
Explanation:
The marketing concept that states that a business must find out what consumers want and provide it for them is called the:
The marketing concept that states that a business must find out what consumers want and provide it for them is called the customer orientation.
What is Customer orientation?Customer orientation can be regarded as the business approach which involves giving attention to customer first by the company.
It focus on helping customers meet their goals and find out what consumers want and provide it.
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