which of the following statements violates the basic assumptions of isoquants? isoquants show all combinations of two inputs that can produce a particular quantity of output. diminishing marginal products imply that isoquants are concave to the origin. isoquants cannot cross. isoquants closer to the origin correspond to lower output levels.

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Answer 1

Diminishing marginal products imply that isoquants are concave to the origin.

The principle distinction is that the diminishing returns to a thing relates to the efficiency of adding a variable factor of production but the regulation of decreasing returns to scale refers to the performance of growing fixed elements. As investment maintains beyond that point, the go back diminishes step by step. For instance, the regulation of diminishing returns states that during a manufacturing system, adding more employees would possibly to start with increase output and eventually creates the foremost output per employee. The regulation of diminishing marginal returns is a concept in economics that predicts that when a few most excellent stage of potential is reached, adding an additional issue of production will definitely bring about a smaller will increase in output.

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Related Questions

QUESTION 1/10
Which of the following is the BEST reason to use cash for making purchases?
A. Knowing what you have spent your money on is simple.
C. Keeping track of how much you have spent is simple.
B. Splitting bills with friends is easier.
D. Getting more cash from an ATM machine is easy to do.

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Answer:

A Knowing what you spent your money on is simple

a purchase money security interest (pmsi) is created when a seller or lender agrees to extend credit to a buyer for all or part of the purchase price of:

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PMSI is created when person buys goods and the seller/lender agrees to extend credit for part or all of the purchase price of the goods.

What is Purchase Money Security Interest (PMSI)?

The phrase "purchase money security interest" (PMSI) refers to a legal right that enables a lender to either demand cash repayment in the event of a borrower failure or to seize real estate that was funded with the loan. It grants the lender precedence over other creditors' claims. Simply put, a PMSI grants first rights on property to organisations that finance purchases made by consumers or other debtors.

Some commercial lenders, credit card companies, and merchants who provide financing choices all employ PMSI. Once the buyer consents to it in writing and the lender files a financing statement, a purchase money security interest is recognised in the majority of jurisdictions.

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which control is not appropriate for property, plant, and equipment? group of answer choices disposal of fully depreciated assets. proper authority for acquisition and retirement of assets. detailed property records and physical controls over assets. written policies for capitalization and expenditure and review of application of depreciation methods.

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Disposal of fully depreciated assets. Thich control is not appropriate for property, plant, and equipment.

Equipment is a tangible long-time period asset that advantages a commercial enterprise over numerous years of use. computer systems, vehicles and manufacturing equipment are all examples of equipment. they may be tangible due to the fact they have a physical shape—unlike intangible belongings (such as patents, logos or copyrights) that don't.

System maximum typically refers to a set of tools or other gadgets typically used to achieve a selected objective. exclusive jobs require one-of-a-kind kinds of gadget.

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ccording to the accelerationist phillips curve, . a. expectations adjust continually to the latest information b. increases in inflation cause the unemployment gap to widen c. inflation will change so long as an unemployment gap persists d. all of the above e. none of the above

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Option c.) Inflation will change as long as there is an unemployment gap. This is correct because an economy with an inflation gap has very little unemployment and inflation matches an accelerating Phillips curve.

With fewer job seekers than vacancies in the market, employers are forced to raise wages to attract new workers. High wages reduce as and increase prices. The higher the price, the lower the consumption. This process is repeated until a long-term equilibrium is reached. Perhaps the most important statistic in shaping macroeconomic stabilization policies is the unemployment gap. It is defined as the difference between the current unemployment rate and the socially efficient unemployment rate.

The difference between the unemployment rate and NAIRU, or the 'unemployment gap', is therefore an important predictor of wage growth and inflation.

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trampoline park, inc. is licensed to sell the new tramp-o-matic trampoline that is manufactured by smpb manufacturing. what type of arrangement is this?

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Trampoline park, inc. is licensed to sell the new tramp-o-Matic trampoline that is manufactured by sump manufacturing. type of arrangement is this distributorship.

What is the name of the procedure that an LLC must go through in order to register in each new state where it desires to conduct business?

Qualification. To conduct business in each additional state where they plan to operate, an LLC must go through the registration process.

Which corporation, assuming all conditions are satisfied, can avoid double taxation?

Since they avoid this double taxing burden, the LLC (limited liability company) and S Corporation are frequently chosen by small firms. When a corporation is organized in this way, its tax treatment resembles that of a sole proprietorship or a partnership rather than that of a distinct legal entity like the C Corporation.

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assume that coffee and tea are substitutes. when the price of coffee increases question content area bottom part 1 a. the supply of tea increases. b. the supply of tea decreases. c. the demand for tea decreases. d. the demand for tea increases.

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The demand for coffee will fall as its price rises, whereas the demand for tea will rise.

At increasing prices, demand is typically thought to slope downward as buyers make fewer purchases. The intersection of two curves, or the price at which supply and demand are equal, reflects the market clearing price.

The interaction of a market's supply and demand factors determines the price. Demand and supply are symbols of how eager consumers and producers are to engage in buying and selling. A product exchange happens when buyers and sellers can reach an agreement on a price.

The law of demand states that all other things being equal, demand for a commodity changes inversely to its price. In other words, lesser demand results from higher prices.

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topik is a product that is sprayed on thinning hair and makes the hair appear thicker. the manufacturer has identified its potential market as blue-collar workers who earn less than $30,000 per year, are divorced, and who like to think of themselves as weekend athletes. which segmentation variables are being used to identify the topik target market?

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There are 4 types of market segmentation:

1. Geographic (based on region, country, climate, etc)

2. Demographic (based on gender, age, income, nationality, education, marital status, etc)

3. Psychographic (based on social class, lifestyle, personality)

4. Behavioral (based on purchase rate, usage rate, loyalty status, attitude towards product, etc)

So according to the segmentation, Topik uses DEMOGRAPHIC segmentation (income : less than $30,000, marital status: divorced) as well as PSYCHOGRAPHIC segmentation (social class: blue collar worker, lifestyle: a person who likes to think of themselves as a weekend athletes)

Demographic and psychographic is segmentation variables are being used to identify the topic target market.

Age, gender, income, education, and family circumstances are just a few examples of the traits that make up demographic segmentation variables. Personality traits, values, attitudes, hobbies, and lifestyles are examples of psychographic segmentation variables.

The target market for the Topic is determined by the manufacturer using psychographic factors like self-image and lifestyle along with demographic factors like income and marital status.

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which pricing strategy is especially important when selling on the internet because of the speed and ease of changing prices to meet marketplace demands?

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Because it is so quick and simple to adjust prices to meet demand in the market when selling on the internet, dynamic pricing strategy is particularly crucial.

What is a strategy for dynamic pricing?

Dynamic pricing, sometimes referred to as surge pricing, demand pricing, or time-based pricing, is a business technique in which prices are changed to reflect shifting demand. For instance, an airline may adjust seat rates according on the type of seat, the number of available seats, and the remaining time until takeoff.

Ub-er and Ly-ft are just two examples of ride-sharing services that frequently use dynamic pricing. In this sector, rush hour and weather-related situations like snow, rain, or storms determine rates (surge pricing) to reap additional gains. Similar methods are used by the food delivery sector.

What drives businesses to employ dynamic pricing?

Because it alters prices based on consumers' propensity to make purchases, dynamic pricing is one of the best strategies for growing market share. Not just corporations like Amazon, Uber, and Airbnb that exploited it to expand into multi-billion dollar enterprises may use a dynamic pricing approach.

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in wendy's 1987 commercial depicting a soviet fashion show, one objective was to portray mcdonald's and burger king products as

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in wendy's 1987 commercial depicting a soviet fashion show, one objective was to portray McDonald's and burger king products as all the same and not very appealing.

First-class advertisements don't simply promote a service or product; they tell a tale. Whether it's miles a heartfelt story, a dose of humor, or satire, create a storyline to which your target market can relate and join. Additionally, a catchy jingle can be a helpful resource in how powerful and remarkable your tv industry is.

An instance of commercial speech is a commercial on the net, consisting of commercials in virtual games. Creating recognition approximately a product using flyers is also an industrial speech. Television classified ads also are an excellent instance of industrial speech.

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the primary focus of financial statement audits is the discovery of fraud. group startstrue or false

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The goal of an audit of financial statements is to enable an auditor to specific an opinion as to whether or not the economic statements are prepared, in all material respects,

in accordance with International Financial Reporting Standards or another recognized financial reporting framework.

What is the primary motive of monetary statements?

This studying has presented an overview of economic statement analysis. Among the principal factors included are the following: The principal purpose of financial reports is to furnish records and records about a company's economic position and performance, consisting of profitability and cash flows.

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More people will buy ground beef advertised as​ 80% lean instead of​ 20% fat, even though the meaning is the same. Which​ decision-making bias does this​ reflect?.

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People will buy ground beef advertised as​ 80% lean instead of​ 20% fat, even though the meaning is the same. The decision-making bias this​ reflects is Framing bias.

In prehistoric times, humans hunted and later domesticated aurochs. Since then, many breeds of cattle have been bred specifically for the quality and quantity of their meat, and today beef is the third most consumed in the world after pork and poultry. As of 2018, the United States, Brazil and China were the top beef producers.

Beef can be cooked in many different ways. The ingredients are often ground or shredded, as found in most burgers, but portions are often used for steaks, which can be cooked to varying degrees of doneness.

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What term describes a contractual agreement between two companies in which one company gives the other company, in exchange for a lump sum and royalties, the right to operate a retail outlet using a name and format developed by the first company?.

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The contractual agreement described above which is a way of expanding a business venture, is referred to as franchising.

What is meant by franchise business?In exchange for a franchise fee, the owner of a franchise licenses the company's operations, along with its goods, reputation, and expertise.The company that issues franchisees with licenses is known as the franchisor. A business arrangement known as franchising involves two parties sharing the right to sell one other's goods and intellectual property.For instance, a number of fast food restaurants, like McDonald's and Domino's, operate in India through franchising. The contractual agreement described above which is a way of expanding a business venture, is referred to as franchising.Franchising involves:A company allowing another company to use its name and brand.The company gaining the license paying the original company royalties for the duration of the contract In this scenario, a company is paying another company a lump sum and royalties and in exchange, they get to use the name and format of the original company.

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using the data under d1 and d2. calculate the cross elasticity of lorena's demand for golf at all three prices

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The cross elasticity of lorena's demand for golf at $60 is -2.8, the cross elasticity of lorena's demand for golf at $45 is  -3.50, the cross elasticity of lorena's demand for golf at  $30 is -4.69.

Cross elasticity between golf rounds and movie tickets= Percentage change in quantity demand of golf rounds /Percentage change in price of movie tickets)

cross elasticity with the midpoint approach:

at a price of $60

Cross-price elasticity using the midpoint technique = [(P2-P1)/(P2+P1)/2] ÷ [(Q2-Q1)/(Q2+Q1)/2]

new quantity Q2  = 10

Old Quantity Q1 = 15

New price P2 = $15

Old price P1 =13

by substituting the above values:

=[(15-13)/(15+13)/2] ÷ [(10-15)/(10+15)/2]

=-2.28 ÷ -5/25/2

=5/12.5 ÷ 2/14 equals

= -0.4/0.1429

= -2.8

at a price of $45

New amount Q2 = 15

Old Quantity Q1 = 25

New price P2 = $15

Old price P1 =13

by substituting the above values:

=[(15-13)/(15+13)/2] ÷ [(15-25)/(15+25)/2]

=-10/40/2 by 2/28/2.

=[-10/20] ÷ [2/14]

= -0.5/0.1429

= -3.50.

when a $30 price

New Quantity Q2 = 20

Old Quantity Q1 = 40

New price P2 = $15

Old price P1 =13

by substituting the above values:

=(15-13)/(15+13)/2÷ (40-20)/(40+20)/2

=2/28/2 ÷ -20/60/2

= -20/30 ÷ 2/14

= -0.67/0.1429

= -4.69.

The cross price elasticity differs from one another. Because it's negative, the goods are complementary.

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fossil targeted the promotion strategy of its new line of luxury watches toward because they are likely to influence the opinions of other consumers, particularly through word of mouth.

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fossil targeted the promotion strategy of its new line of luxury watches toward early adopters because they are likely to influence the opinions of other consumers, particularly through word of mouth.

An individual or organization that employs a new product, innovation, or technology before others is referred to as a "early adopter." Early adopters are more likely to pay more for a product than later adopters, but they are willing to do so if utilizing the product enhances productivity, lowers costs, increases market penetration, or improves their social standing.

Early adopters are a crucial source of information for businesses regarding product flaws and funding for product R&D.

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During a weightlifting competition, athletes are asked to lift an extremely large amount of weight in a short amount of time. Which skill-related component do the athletes in this competition likely demonstrate most frequently?.

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In addition to referring to the body's capacity to overcome resistance, the term "power" also considers how quickly the load is moving.

How is power used in weightlifting?The launch, growth, shake-out, maturity, and decline stages make up the most typical division of the business life cycle, which is the movement of a business over time in phases.In addition to referring to the body's capacity to overcome resistance, the term "power" also considers how quickly the load is moving.Lifting weights is a strength-based activity, but moving the weight fast requires greater force.The three main lifts in a powerlifting competition are the squat, bench press, and deadlift (performed in that order).Each participant has three attempts (at each exercise) to lift the most weight for one repetition using correct form.

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the predictions of marginal utility theory group of answer choices support the idea that the demand curve slopes downward. contradict the idea that the demand curve slopes downward. support the idea that the supply curve slopes upward. contradict the idea that the supply curve slopes upward.

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The predictions of marginal utility theory support the idea that the demand curve slopes downward.

Marginal utility theory defines the satisfaction a customer has by an increase or decrease in the consumption of one unit of a product.

It calculates the utility beyond the first consumption of the product. For instance, if we buy one packet of chips and we buy a second packet of chips again, the utility gained from the second packet of chips is the marginal utility.

The demand curve slopes downward in the prediction of marginal utility theory due to the law of diminishing marginal utility. According to this principle, marginal utility decreases when the quantity of product rises. The quantity of the goods increase and the price falls which increases the demand.

Therefore demands increase when the price is less. This causes a downward slope in the demand curve.

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The third element of an effective team is:
a. Each team member must have a specific role.
b. All team members must know each other in advance of working together.
c. There should be an all-for-one and one-for-all team attitude.
d. All team members succeed or fail together.
e. Each team member should hold each other accountable and help each other assume responsibility for what needs to be done.

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The third element of effective team is (A) Each team member must have a specific role.

A group of employees working together to complete a specific task or achieve a common goal is referred to as teamwork in the workplace. Teamwork can be practiced through brainstorming sessions, open communication channels, regular meetings, and a variety of other collaborative activities.

Third element is delegation of tasks based on strengths.
Teams that work well together are aware of each team member's strengths and weaknesses. One advantage of good teamwork is that team leaders and members are skilled at identifying all aspects of a project and assigning tasks to the most appropriate team members. This increases productivity and ensures that team members are valued for their contributions to the overall project.

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if a company uses the same cost of capital for evaluating all projects, which of the following results is likely? group of answer choices rejecting good, high-risk projects. accepting poor, average-risk projects. rejecting good, low-risk projects. accepting no projects.

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If a company uses the same cost of capital for evaluating all projects, The the following results is likely average-risk projects.

Project risks are uncertainties that may or may not occur during a project. In contrast to our everyday notion of "risk", project risks can have both negative and positive impacts on the achievement of project goals.

Some of the most common project risks include scope creep, poor sales performance, inefficient project management, and IT and engineering risks. Project managers should strive to mitigate potential risks wherever possible.

A project's risk rating is usually calculated by multiplying probability by impact, but there are other factors such as: B. Weights can also be part of the calculation. For qualitative risk assessments, risk scores are typically calculated using factors based on probability and sphere of influence.

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a takeover is the acquisition of control over a corporation through a purchase of substantially all of its assets. true false

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A takeover is the acquisition of control over a corporation through a purchase of substantially all of its assets. The given statement is True.

When one business successfully pursues the acquisition or control of another, it is referred to as a takeover. A majority share in the target company can be bought to conduct takeovers. The merger and acquisition process is frequently used for takeovers as well. When a firm makes a takeover offer, it is referred to as the acquirer and the company it wants to control as the target.

Most takeovers are started by a larger corporation looking to acquire a smaller one. They might be optional, which would indicate that the two companies mutually decided to implement them. If they are unwanted, the acquirer may pursue the target without the target's knowledge or, more frequently, without the target's full consent.

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your decision to organize a protest of a planned increase in the interest rates on federal student loans is an example of a high level of .

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Your decision to organize a protest of a planned increase in the interest rates on loans of federal students is an example of a high level of political efficacy.

It was discovered that political efficacy polarized policy preferences. People with low effectiveness tend to express more moderate policy views, whereas those with relatively high effectiveness tend to express choices that are more radical and in accordance with their ideological orientation. Students may educate themselves using a variety of services on campus to strengthen their political influence.

Students can increase their awareness of how to use their voice in the country's decision-making process for future elections by learning about the election and using the resources available to them on campus. While the issue of low political efficacy among younger voters cannot be solved all at once, it can be addressed in part by educating students about the election.

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during the life of a european option, the amount by which its price is greater than its exercise value is most accurately described as its:

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The amount by which its price is greater than its exercise value is its time value

The time monetary value hypothesis states that a dollar at present is worth a greater amount later. This is based on the idea that if a person had the money right now, they could save it or invest it to generate interest or profit later on. If a person invests the same amount of money tomorrow or next month, they might get a lower return or interest rate.

Similarly, an option's price before expiration may be higher than either its exercise price or intrinsic value. The difference between an option's price and exercise value is known as the time value. As a result, the amount by which a European Option's price exceeds its exercise value is best defined as the option's time value during the option's life.

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project l costs $50,000, its expected cash inflows are $12,000 per year for 8 years, and its wacc is 12%. what is the project's discounted payback? do not round intermediate calculations. round your answer to two decimal places.

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The discounted payback is 6.12 years with an expected cash inflow of $ 12,000.

What is cash inflow?

Cash inflow is the net amount of cash and cash equivalents coming into and going out of a business. Cash inflows are represented by money received, and outflows are represented by money spent.

The ability to generate positive Cash inflows, or more specifically, the potential to maximize long-term free cash flow, is ultimately what determines a company's ability to create discounted payback for shareholders. After deducting any funds used for capital expenditures, a company's free cash inflow (FCF) is the cash it generates from its regular business activities (CapEx).

YEAR     Cash       Discounted      Cumulative          Cumulative

              Flow        cash flow         cash flow            discounted cash flow

0     -50000      -50000           -50000           -50000

1      12000       10714.28571   -38000            -39285.71429

2      12000       9566.326531   -26000            -29719.38776

3      12000       8541.362974    -14000             -21178.02478

4      12000       7626.216941    -2000              -13551.80784

5      12000       6809.122269     10000          -6742.685572

6      12000       6079.573454     22000      -663.1121177

7      12000       5428.190584     34000               4765.078466

8      12000       4846.598736     46000        9611.677202

Present value = Future value/(1+i) ⁿ

i = interest rate per period

n= number of periods

discounted payback = 6 + 663.1121177/5428.190584

discounted payback = 6.12 years

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coca-cola launched a bottle with a new size and shape. the soda pop stayed the same. this is an example of a(n) innovation

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Coca-cola launched a bottle with a new size and shape. the soda pop stayed the same. this is an example of an incremental innovation.

The phrase "incremental innovation" refers to a succession of minor enhancements made to an established product or service by a corporation. In general, these low-cost enhancements enable a firm separate itself from the competitors while expanding on present offers.

A corporation may remain relevant to its customers over time by utilizing incremental innovation. Coca-Cola, for example, has added new flavors to its product range, such as Cherry Coke, to meet the wants of their customers.

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Ayla is monitoring sales after release of a tv advertisement for her new line of non-gmo snack foods. The fact that this particular ad might not cause consumers to make an immediate purchase is a result of.

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The fact that this particular advertisement might not cause consumers to make an immediate purchase is a result of the lagged effect.

What is an advertisement?

A sponsored form of an interview that supports a business, commodity, or trademark is known as an advertisement. Advertisements are a tool that marketers employ to assist businesses in achieving their goals and boosting profits.

The lag effect reflects the probability that we'll remember more information about the non-GMO snack foods because as the interval of exposure to it grows. The lag effect shows that memorizing information through subsequent repeats is ineffective.

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a capital projects fund buys equipment for $4,000,000. the equipment has a 4-year estimated life, straight-line, no residual value. the equipment is sold after 3 years for $200,000. which statement is true regarding the effect on the capital project fund's operating statement in the year the equipment is sold?

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The correct statement regarding the effect on the capital project fund's operating statement in the year the equipment is sold is $20000 proceeds are reported as other financing sources.

The proceeds from the sale are reported as other financing sources.

Capital project fund's operating- Capital projects funds are used to account for financial resources used to acquire or build capital facilities. These include land, land improvements, buildings, and building improvements, as well as infrastructure.

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what two things did christopher bartlett and sumantra ghoshal say a late mover company should do to succeed against well-established competitors?

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Differentiate its product offering benchmark competitor oprerations two things did christopher bartlett and sumantra ghoshal say a late mover company should do to succeed against well-established competitors.

What is an example of when two or more independent enterprises form a new entity together?

An agreement between two or more people or businesses to carry out a certain commercial objective together is known as a joint venture. A joint venture can either develop naturally from a contract between the parties or it can be set up as a separate legal organization.

Which two drawbacks of running a completely owned subsidiary are true?

There are drawbacks, such as a lack of strict management and the possibility of losing control over technology. Tight control over technological know-how is one of the benefits of totally owned subsidiaries.

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what is the maximum amount of money created from a $3 million deposit in the banking system if the required reserve ratio is 5%?

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The maximum amount of money created from a $3 million deposit in the banking system if the required reserve ratio is 5% is $60 million.

Money multiplier =1/reserve ratio

                           =1/0.05

                            =20

Money created=deposit*money multiplier

                       =$3 million*20

                         =$60 million

To calculate the most growth withinside the cash deliver generated through an growth in reserves, truly multiply the alternate in reserves through the cash multiplier, like this: Maximum alternate withinside the cash deliver = alternate in reserves x the cash multiplier.

The required reserve ratio may be calculated through truly dividing the quantity of cash a financial institution is needed to preserve in reserve through the quantity of cash it has on deposit.  For example, if a financial institution has $10 million in deposits and $500,000 are required to be held in reserve, then the desired reserve ratio could be 1/20 or 5%.

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What is the legal document you must sign in order to apply for a private loan called?.

Answers

Promissory note is the legal document you must sign in order to apply for private loan.

What is a Promissory note?

A promissory note, also known as a note payable, is a legal instrument (more specifically, a financing instrument and a debt instrument) in which one party (the maker or issuer) makes a written promise to the other (the payee) to pay a specific amount of money to them under certain terms and conditions, either at a specific future time (the due date) or upon their demand. The principal sum, any applicable interest rate, parties, date, terms of repayment (which may include interest), and maturity date are often included in a note's terms. The payee's rights in the event of a default, which may entail the maker's assets being foreclosed, are occasionally mentioned in clauses.

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johnstown baseball hats had a very profitable year. the company decided to share some of its profits with the people who own shares of its stock-the shareholders. the money johnstown baseball hats sent to the shareholders is called:

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If the company decided to share some of its profits with the people who own shares of its stock-the shareholders. the money johnstown baseball hats sent to the shareholders is called: Dividend.

What is a dividend?

A dividend can be defined as the money a company pay to their shareholders or people who own a shares in their company after generating a profit.

The advantage of owning a shares with a company is that you tend to earn a profit whenever the company makes sales  as the company will have to shares the profit with shareholders.

Therefore the profit received by shareholder is called dividend.

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the present value of an ordinary annuity of $350 each year for five years, assuming an opportunity cost of 4 percent, is $288 $1,896. $1,750. $1,558.

Answers

The present value of an ordinary annuity of $350 each year for five years, assuming an opportunity cost of 4 percent is $1,558.

We know that

P = Present value of an annuity system

n = Number of periods in which payment is made = 5

r = Discount Rate or rate of interest = 4%

PMT = Dollar amount of each annuity payment = 350

P = PMT × ( 1 - (1/(1+r)ⁿ)/r

P= 350 × (1-(1/(1.04⁵)/0.04

Hence the final answer is P = $1,558

The contract which is signed between any person and the company providing the insurance is known as the annuity in which the person makes total payment together and in exchange receives regular disbursements.

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