White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $150 per unit (labor, $30: materials, $70: and overhead, $50). The sales price is $300 per unit. a. To achieve a 10 percent multifactor productivity improvement by reducing materials costs only, by what percentage must these costs be reduced? b. To achieve a 10 percent multifactor productivity improvement by reducing labor costs only, by what percentage must these costs be reduced? c. To achieve a 10 percent multifactor productivity improvement by reducing overhead costs only, by what percentage must these costs be reduced?

Answers

Answer 1

To achieve a 10 percent multifactor productivity improvement by reducing overhead costs 24.926% percentage must these costs be reduced

300 / 143 = 2.0979

2.0979*1.13 = 2.370629

300/2.370629= 126.54867

143-126.54867 = 16.451327

16.451327/66*100 = 24.926%.

productiveness is a degree of economic overall performance that compares the amount of products and offerings produced (output) with the amount of inputs used to supply the ones goods and services. productivity is the efficiency of production of goods or services expressed via a few measure. Measurements of productiveness are often expressed as a ratio of an mixture output to a unmarried enter or an combination enter used in a manufacturing system, i.e. output per unit of enter, commonly over a specific time period.

productiveness is commonly measured in output in step with employee or output according to worker consistent with hour. For a production enterprise, a measure of productiveness is probably the variety or price of the finished products every employee can produce within a given time.

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Related Questions

When a pharmaceutical company discovers a new drug, patent law gives it market power by guaranteeing:
A) partial ownership of the right to sell the drug for an unlimited number of years
B) partial ownership of the right to sell the drug for a limited number of years
C) sole ownership of the right to sell the drug for a limited number of years
D) sole ownership of the right to sell the drug for an unlimited number of yearsC) sole ownership of the right to sell the drug for a limited number of years

Answers

C) exclusive ownership of the drug's right to sell it for a limited time.

What guarantees the monopoly when a pharmaceutical company discovers a new drug?

A company without market power is a monopoly. Patent law grants a pharmaceutical company a monopoly when they discover a new drug: the right to sell the drug in part for an unlimited number of years.

What is monopoly power's fundamental source?

Barriers to entry are the primary factor that lead to monopoly. There are three sources of entry barriers: Responsibility for secret weapon.

Is a patent monopoly-granting?

Invention is rewarded by patents, not commercialization. In a similar vein, a patent does not constitute an economic monopoly. First, because having a patent does not result in the "single supplier" situation that is typical of most monopolies in real life.

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Assume that only two goods, A and B, are produced in an economy. In the base year, 5 units of A are produced for a price of $4, and 5 units of B are produced for a price of $6. And in a given year, 5 units of A are produced for a price of $5, and 5 units of B are produced for a price of $9. What is the CPI for the given year?
a. 71.42
b. 140
c. 50.5
d. 198
e. 125

Answers

CPI is the current year cost of the goods divided by the base year cost of the goods multiplied by a hundred. Current year cost of goods = current year price multiplied by current year quantity.Base year cost of goods = Base year price multiplied by base year quantity. Base year cost of goods, CPI for the given year = 70/50×100=140 .140 is the CPI for the given year.

A consumer price index (CPI) could be a price index, the worth of a weighted average market basket of consumer goods and services purchased by households. Changes in measured CPI track changes in prices over time. A CPI is an applied mathematics estimate made exploitation the costs of a sample of representative things whose prices are collected periodically.

Sub-indices and sub-sub-indices are often computed for various classes and sub-categories of products and services, being combined to supply the general index with weights reflective of their shares within the total of the patron expenditures coated by the index. it's one of many price indices calculated by most national statistical agencies.

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TRUE/FALSE. identification is the express designation of the goods provided for in a contract, and the parties to the deal can agree in their contract when this will take place.

Answers

Identification is the express designation of the goods provided for in a contract, and the parties to the deal can agree in their contract when this will take place.

Thus, the correct option is True.

What is Identification?

A description in writing of the products or services mentioned in an application. An identification of the goods and/or services must be included with every application.

The USPTO will return your application and refund your fee if you omit to identify any identifiable goods or services.

Applicants should use short, plain language—i.e., familiar commercial names and terminology that the general public may easily understand—when describing the goods and/or services.

Please take note that the terminology in the "International Classification of Classes of Goods and Services" class headers or short titles are typically too wide and should not be used alone as an identification.

Additionally, listing just an international class number is never acceptable. a collection of appropriate phrases for goods and services.

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Using the data in the tables below...
Bonds 1. Municipal Bonds - Municipal bonds are haircut per Exhibit 1 based on both their time to maturity and scheduled maturity at date of issue. 2. Corporate Bonds - Corporate bonds are haircut based on both their time to maturity and whether they are rated as investment grade (defined by S&P and Fitch as BBB- and above and by Moody's as Baa3 and above)1 by at least two of the nationally recognized statistical rating organizations. If the bonds qualify as investment grade, use Exhibit 2 to determine the haircut of the bonds. If they do not qualify as investment grade, then they are considered non-marketable and follow the haircut rules as stated in Exhibit 3. It is important to note that the haircut is calculated using the absolute value of the market value of the relevant bond. What is the total haircut in USD on the positions in the accompanying spreadsheet?

Answers

1. Haircut on Junk bonds are deducted from total haircuts due to negative value.

2. Dates very close to end of particular year are assumed as complete years.

3. PP7 corp has been included but it can be excluded from the table since it is not rated in four highest category by two of the nationalised agencies.

4. Apart from AS6 corp, all are Investment Grade bonds.

What is spreadsheet?

A spreadsheet is a software program that allows users to store and organize data in a tabular format. Spreadsheets are commonly used to store numerical data and perform calculations. A typical spreadsheet consists of a two-dimensional grid of cells, with each cell containing data or formulae which can perform calculations. Spreadsheets are used to keep track of financial information, such as budgets and expenses, and to analyze data. They are also used for data visualization, such as creating charts and graphs from numerical data. Spreadsheets offer a powerful and versatile tool for organizing and manipulating data, and can be used for a wide variety of tasks.

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adhering to utilitarian ethics in making a business decision is likely to result in an action that is considered morally correct if it produces the greatest good for

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The largest number. When making a business decision, utilitarian ethics is likely to lead to a course of action that is morally right if it results in the greatest good for.

A corporate one sentence is what?

This one-sentence business statement provides a succinct summary of what that company does, who it serves, why it does it, and how you differ from the competitors. Here are ten various applications for this in your daily existence: This can be included in your business plan. This can serve as your elevator pitch.

What kinds of personal statements are there?

Cover mails, admission essays, and declarations of purpose are the three sorts of personal statements that are the most frequently used. In each of these three cases.

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the following code segment appears in a method in a class other than worker. the code segment is intended to print the value 800.0, but instead prints a different value because of an error in the worker class. worker bob

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The code segment is intended to print the value 800.0, but instead prints a different value because of an error in the variable earnings in the calculateEarnings method is a local variable.

What is Variable compensation?

Variable compensation typically represents an employer paying an employee based on performance results. Employees typically receive this type of compensation in addition to their basic salary.

Usually paid in the form of performance bonuses, bonuses or commissions. It is determined based on two main factors: employee performance and overall company performance. Most companies include a process of goal setting, based on which variable payments are made. Variable compensation is usually expressed as a percentage of a fixed salary. At the junior level, variable compensation percentages typically range from 10% to 15% of fixed compensation. As the employee is promoted, the variable salary component increases. So the numbers fluctuate from 15% to 30% at the middle level and rise from 30% to 50% at the upper level.

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When the interest rate ___________the opportunity cost of money ___________.
rises; rises (or rises, rises) → The interest rate is the opportunity cost of holding money, so if the interest rate rises, the opportunity cost of holding money increases.

Answers

When the interest rate rises the opportunity cost of money increases.

Whilst economists confer with the “opportunity cost” of a resource, they mean the cost of the following-highest-valued opportunity use of that resource. If, for instance, you spend money and time going to a movie, you can't spend that point at domestic studying a e book, and you can't spend the cash on something else.

Possibility value is an economics term that refers back to the price of what you have to give up that allows you to choose some thing else. In a nutshell, it's a price of the street now not taken.

The possibility cost is time spent analyzing and that money to spend on something else. A farmer chooses to plant wheat; the possibility value is planting a specific crop, or an alternate use of the resources.

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Personal selling serves three major roles in a firmâs overall marketing effort: (1) it creates a critical link between the firm and its customers; (2) salespeople are the company in a customerâs eyes; and (3) it may play a dominant role in a firmâs marketing program. This final point is illustrated by Hope Springs. The company knows that business-to-customer (B2C) sales are not enough to maintain profitability; it must rely on business-to-business (B2B) sales to maintain a profitable bottom line. Xiu Li, a marketing executive with Hope Springs, uses available advertising and promotion tools to reach the company's target customer markets. However, she also realizes the importance of her direct sales force in reaching business customers such as Martha at the Coffee Collective. Through effective sales force management, Xiu Li and her team must effectively communicate to business customers like the Coffee Collective to help demonstrate how its bottled water will sell well to her customers and increase overall sales.

Answers

First, salespeople play a crucial role in connecting the company with its clients; in this capacity, they must balance the demands of the company and those of the client in order to satisfy both parties during the exchange process.

Briefing:-

secondly, salespeople are the company in the eyes of the client; they stand in for what a company is or aspires to be, and are frequently the only direct contact a customer has with the company; personal selling may be a major component of a company's marketing strategy.

What are the three Ps in selling?

The three Ps—Preparation, Process, and Personalization—can be used to summarize the formula for winning sales pitches and RFx answers.

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Your company sells $230,000 of bonds for an issue price of $243,800. Which of the following statements is correct? a. The bond sold at a price of 53.00, implying a discount of $13.800. b. The bond sold at a price of 53.00, implying a premium of $13,800. c. The bond sold at a price of 106.00, implying a discount of $13,800. d. The bond sold at a price of 106.00, implying a premium of $13,800.

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Your company sells $230,000 of bonds for an issue price of $243,800:

a. The bond sold at a price of 53.00, implying a discount of $13.800.

A company is a prison entity shaped by using a group of individuals to interact in and perform an enterprise—business or commercial—organization. An enterprise can be organized in diverse approaches for tax and financial liability purposes relying on the corporate law of its jurisdiction.

There are 3 commonplace kinds of corporations—sole proprietorship, partnership, and organization—and each comes with its very own set of benefits and downsides. In easy terms, the reason for an enterprise is to have a significant imagination and prescient after which to be worthwhile in accomplishing it. And we should qualify “profitable”: profitability means long-time period sustainable returns, and each word in that phrase is vital.

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oligopolists are tempted to produce more thn the quantity that would maximize industry profits because when they increase output

Answers

That would maximize industry profits because when they increase output the price effect is spread across multiple firms.

Who are oligopolists?

There are just a few businesses in an oligopoly market structure, and none of them can stop the others from having a significant influence. The concentration ratio is used to determine the market share of the largest corporations.

A monopoly market has only one producer, a duopoly market has two companies, and an oligopoly market has three or more companies. Unknown is the maximum number of firms that may exist in an oligopoly, but it must be few enough for each firm's operations to significantly affect those of the others.

Oligopolies have occurred in the past in a variety of industries, including steel, oil, railroads, tires, grocery store chains, and telecommunications.

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Which of the following would shift a supply curve in a perfectly competitive market for a good?
(a) A change in the number of buyers
(b) A change in input prices
(c) A change in price of a consumption complement
(d) A change in the good's price.

Answers

A change in input prices would shift a supply curve in a perfectly competitive market for a good.

What kind of market has perfect competition?

In a perfect market structure, both producers and consumers have complete and symmetrical information and there are no transaction costs. In this type of scenario, a sizable number of producers and customers are in competition with one another.

The qualities of perfect competitiveness are market with a large number of customers and merchants, free company entry and exit from the market, a uniform product should be offered by every business, both buyers and sellers should be fully informed about the market and no pricing regulation.

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according to the film inside job, refers to the lifting of restrictions on businesses, industry, and economic activities.

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According to the film inside job, refers to the lifting of restrictions on businesses, industry, and economic activities: Deregulation.

Deregulation is the process of removing or simplifying governmental restrictions on how the market works. Deregulation refers to the removal or reduction of government authority over how businesses are run and how securities are regulated. It does not mean that laws against fraud are repealed.

Deregulation tools include loosening limitations on mergers and acquisitions within industries and reducing rules and regulations governing the taxation of securities transactions. The efficient market hypothesis, which holds that financial markets are "informationally efficient" and that prices accurately reflect the value of a company's stock, is supported by deregulation. According to this hypothesis, the less taxes and regulation there are, the more accurately prices reflect value.

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corey is always interested in what her coworkers can do for her. she is also somewhat paranoid and constantly worries that her supervisor is taking advantage of her. corey is most likely a:

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Corey is always interested in what her coworkers can do for her. She is also somewhat paranoid and constantly worries that her supervisor is taking advantage of her. Corey is most likely suspicious and has unjustified doubts.

These are the signs of paranoid personality disorder. PPD is a mental health condition marked by a pattern of distrust and suspicion of others without adequate reason to be suspicious. People with PPD are always on guard, believing that others are constantly trying to demean, harm, or threaten them.

PPD is one of a group of conditions called Cluster A, or eccentric personality disorders. People with these disorders have unusual and eccentric thinking or behavior.

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Organizational _________ is/are the formal system of task and job reporting relationships that determine(s) how employees use resources to achieve organizational goals.

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Organizational structure is the formal system of task and job reporting relationships that determines how employees use resources to achieve organizational goals.

To accomplish organizational goals, actions must be delegated, supervised, and coordinated according to an organizational structure. Organizational structure provides the framework on which standard operating procedures and routines are created. The four types of organizational structures are functional, multi-divisional, flat, and matrix. Others include team-based, network-based, and circular setups.

An organizational structure helps staff members complete work effectively and efficiently and helps the organization achieve its goals and objectives. An organizational structure helps with the coordination and management of activities by assigning employees distinct job roles and responsibilities. For businesses, organizational structures are essential because they enable the adoption of efficient decision-making processes.

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Which of the following activity bases would be the most appropriate for gasoline costs of a delivery service?
a) Number of packages picked up.
b) How many trucks are in service.
c) Total of miles driven.
d) Number of truck drivers.

Answers

Total miles driven activity bases would be the most appropriate for gasoline costs of a delivery service.

What is a base of activities?

A measurable activity is referred to as an "activity base" when allocating overhead expenses. For instance, using the number of machine hours used during a reporting period as the basis for allocating machine costs to the number of units produced is a fair activity. A variable cost's origin is measured by something called an activity base. Direct labour hours, machine hours, units produced, and the most typical activity, units sold, are occasionally referred to as cost drivers.

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When demand is inelastic, a decrease in price will cause? a. an increase in total revenue. b. a decrease in total revenue. c. no change in total revenue. d. There is insufficient information to answer this question.

Answers

When demand is inelastic, a decrease in price will cause an increase in total revenue.

a drop in overall revenue. Demand will not vary in response to a change in the product's price if the price elasticity of demand is inelastic. The total income of the company will decrease if the price of the good decreases without the quantity demanded changing. If the price of an inelastic good is decreased, the demand for that good does not rise, resulting in less overall revenue due to the lower price and unchanged demand. This would suggest that the company shouldn't lower the price of its items because doing so wouldn't have any positive effects.

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Wilma is an older consumer that is very hesitant to buy new products. In fact, Wilma still has a landline phone and listen to music on a cassette deck When asked a cell phone, Wilma responded, "Those new-angled things are just not for me! Wilma would fall into the category of the diffusion process early majority LaggardEearly adoptesinnovator

Answers

They were masters of the praise and worship experience because the songs ranged from classic to current and the music was never in the same style or genre.

Sadly, worship leaders all across the world are (sometimes unwittingly) turning their church's worship into a spectator event, and people aren't singing any longer.

Before talking about the condition we are in right now, let's take a look at the past. Worship was primarily performed for the people before the Reformation. Professional musicians played the music, which was sung in a foreign language (Latin). The Reformation returned worship to the people, including congregational singing with straightforward, approachable tunes and sound, scripturally-based lyrics in the people's own tongue. Worship once more become interactive. With the development of the printed hymnal, congregational singing exploded, and the church's love of singing grew. With the development of new video technologies, churches started projecting the song lyrics.

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Which is more valuable a tax credit or deduction?

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A tax credit will reduce your tax bill more than a tax deduction for the same amount, if all other factors are equal.

Which is more valuable, tax credits or deductions?

A tax deduction lowers the amount of your taxable income, which is used to compute your tax responsibility, whereas a tax credit lowers your tax liability dollar for dollar. Because they lower your tax burden by one dollar for every dollar of the credit, tax credits are typically more valuable.

What distinguishes a tax credit from a tax deduction?

Dollar per dollar, tax credits lower taxable income. Tax credits are typically more beneficial than tax deductions because they directly and dollar-for-dollar lower a taxpayer's gross tax liability.

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Many snack food brands, like Lay's Potato Chips, are sold in vending machines, at supermarkets, and online. This means that these items utilize _______ distribution.
a. multi-platform
b. technology-based
c. strategic
d. dual

Answers

Many snack food brands, like Lay's Potato Chips, are sold in vending machines, at supermarkets, and online. This means that these items utilize dual distribution.

What is distribution?

Sales determine the success or failure of a company. A good distribution system means that the company is more likely to sell its products than its competitors.A company that distributes its products to the market more widely and quickly at a lower cost than its competitors will benefit from lower raw material prices. achieve higher margins to better absorb the rise in , and survive longer under difficult market conditions. Sales is essential for any business or service. Best priced products, advertising and customers mean nothing if the product is not available at the point of sale where the consumer can shop.

Therefore, Many snack food brands, like Lay's Potato Chips, are sold in vending machines, at supermarkets, and online. This means that these items utilize dual distribution.

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the performance of operational day-to-day tasks involving data use can be severely diminished if such tasks have to compete for computing resources with analytical queries. group of answer choices

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The following statement "the performance of operational day-to-day tasks involving data use can be severely diminished if such tasks have to compete for computing resources with analytical queries" is true.

The term "business computing" describes the IT systems that underpin an organization's planning, customer management, and storage systems, to mention a few.

In companies, people utilize computers to automate the distribution, marketing, and production processes. A computer helps businesses operate more quickly and generate cutting-edge, high-quality products. Additionally, it makes it easier and more simple for firms to interact and conduct business with their clients.

Computing may include the design and development of software and hardware systems for a variety of uses, frequently structuring, processing, and managing any kind of information to support the conduct of scientific research, the creation of intelligent systems, and the production and use of various forms of entertainment media.

The above question is incorrect, the correct question is:

The performance of operational day-to-day tasks involving data use can be severely diminished if such tasks have to compete for computing resources with analytical queries.

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based on predicted production of 48,000 units, a company budgets $600,000 of fixed costs and $492,000 of variable costs. if the company actually produces 40,000 units, the flexible budget amount of fixed costs is $600,000.

Answers

Fixed cost that will remain same as $600000 because it does not change even after the increase or decrease of the goods.

Fixed cost is the cost of a business expense that doesn't change even when there's an increase or decrease in the number of goods and services produced or sold. Fixed costs are commonly related to recurring expenses that aren't directly related to production such as rent, interest payments, and insurance. Fixed costs remain the same irrespective of the level of output. Thus the fixed cost in the flexible budget would remain the same as in the static budget. Thus the fixed costs would be $600,000. it will not change.

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Establishing a wholly owned subsidiary in a foreign market to take advantage of all essential value chain activities requires a strategy that
A.
establishes a wholly owned subsidiary
B.
acquires a foreign company
C.
supports direct control over all aspects of operating in a foreign market
D.
establishes a start-up operation
E. All of these choices are correct

Answers

In order to benefit from all crucial value chain activities, creating a wholly owned subsidiary in a foreign market requires a strategy that: supports direct control over all aspects of operating in a foreign market

How might a completely claimed auxiliary be laid out in an unfamiliar market?

A firm can foster a completely claimed auxiliary through a greenfield adventure , implying that the firm makes the whole situation itself. One more chance is buying a current activity from a nearby organization or another unfamiliar administrator.

What is completely claimed auxiliary in global business?

A completely claimed auxiliary is an organization whose normal stock is 100 percent possessed by another organization. An organization can turn into an entirely claimed auxiliary through a procurement by a parent organization. A greater part claimed auxiliary is an organization whose normal stock is 51% to close to 100% possessed by a parent organization.

What's the significance here to be a completely claimed auxiliary?

An auxiliary whose stock is claimed totally by one investor. There are many purposes behind a parent organization to shape an auxiliary that it will entirely claim. These include: To hold explicit resources or liabilities. To be utilized as a working organization of a specific division.

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Suppose that a typical basket of goods is now less expensive than it used to be. All else equal, we would expect:
O the demand curve for money to shift outward. O the demand curve for money to shift inward. O a downward movement along a fixed money demand curve, O an upward movement along a fixed money demand curve,

Answers

Suppose that a typical basket of goods is now less expensive than it used to be. All else equal, we would expect the demand curve for money to shift inward. Thus, option B is correct.  

What is Goods?

Goods are things that fulfill human needs and offer usefulness, such as a buyer purchasing a fulfilling product. It is usual practice to distinguish between transferable products and non-transferable services.

Let's say that the cost of a typical bunch of items has decreased over time. If everything remained the same, we would anticipate a change in the equilibrium price for money.

Therefore, option B is the correct option.

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At December 31, a company's accounting records showed a balance in the Supplies account of $800. A physical count showed $300 of supplies on hand. The adjusting entry will include a (debit/credit)_______ to the Supplies Expense account in the amount of $___________.
Blank 1: debit
Blank 2: 500

Answers

At December 31, a company's accounting records showed a balance in the Supplies account of $800. A physical count showed $300 of supplies on hand. The adjusting entry will include a (debit/credit) debit to the Supplies Expense account in the amount of $500 .

An expense account is the proper day-to-day reimbursement of cash spent by using employees for work-associated purposes.

Expense accounts are statistics of the amount a company spends on prices for the duration of a given accounting length. those money owed exist for a hard and fast time frame - a month, area, or 12 months - and then new debts are created for every new length. for that reason, they're taken into consideration brief debts.

Prices are income declaration bills which might be debited everyday an account, and the corresponding credit score is booked day-to-day a contra asset or legal responsibility account.

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contagion effect occurs when a failure of one di leads to concerns among depositors about the solvency risk of the other dis. True or False

Answers

Answer:

True, contagion effect occurs when a failure of one leads to concerns among depositors about the solvency risk of the other dis.

Explanation:

Contagion

The spread of an economic crisis from one market or region to another—which might take place on a national or international scale—is referred to as a contagion. Since many of the same goods and services, particularly labor and capital goods, can be employed in a variety of markets and since almost every market is connected through monetary and financial systems, contagion can happen.

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which of the following situations involving an early distribution of an ira would result in an exception where the taxpayer would not incur the 10% penalty? (check all that apply.)

Answers

The situations involving an early distribution of an IRA that would result in an exception where the taxpayer would not incur the 10% penalty are funds are used for qualifying medical expenses, funds are used for qualified higher education expenses, and funds are used for a first-time home purchase.

A taxpayer may be an individual or business entity that is obligated to pay taxes to a federal, shape or local government. Individual retirement accounts (IRAs) are retirement savings accounts with tax advantages. Money held in an IRA usually can't be withdrawn before the age of 59 without incurring a hefty tax penalty of 10% of the amount withdrawn.

There are annual income limitations that apply to deducting contributions to traditional IRAs and contributing to Roth IRA's.

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making arrangements to repair a defective item sold to a customer answer for prompt 1 making arrangements to repair a defective item sold to a customer prompt 2entering a customer order into the manufacturers order fulfillment database answer for prompt 2 entering a customer order into the manufacturers order fulfillment database prompt 3establishing a website self-service portal so customers can enter/maintain their profile information

Answers

Post transaction items. This phase represents the variety of services needed to support the product in the field  protect consumers from defective products provide for the return of packages and process claims, complaints and returns.

Post transaction components include line downs or failures, defective finished goods, rejected product, system or field failure, repair or replacement costs, loss of customer goodwill, additional communication, and possibly training. Quality customer services throughout the supply chain can lead to on-time delivery, transportation savings, satisfied customers, and peace of mind. On the other hand, poor customer service and communication in logistics can result in higher costs and damage to customer relationships. Post-Transaction Period means, with respect to any Specific Transaction, the period beginning on the date such specific transaction is consummated and ending on the last day of the fourth consecutive full fiscal quarter immediately following the date such Transaction is consumed temperature.

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On July 1, Marin Inc. purchases 440 shares of its $5 par value common stock for the treasury at a cash price of $12 per share. Journalize the treasury stock transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Answers

The journal entry to record the treasury stock transaction includes:

Debit to treasury stock for $5,280Credit to Cash for $5,280

What is a treasury stock?

A treasury stock refers to an outstanding stock that has been bought back from stockholders by the issuing company. The result of a treasury stock is that  that the total number of outstanding shares on the open market decreases. Its remains issued but is not included in the distribution of dividends or the calculation of earnings per share (EPS).

The computation of the treasury stock is shown below:

= Number of shares purchased *  Cash price per share

= 440 shares * $12

= $5,280

The journal entry recording the treasury stock transaction is shown below:

Date         Account titles                  Debit    Credit

On July 1  Treasury stock A/c Dr     $5,280

                       To Cash A/c                            $5,280

                (Being purchase of treasury stock for cash is recorded)

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super snakcking services is a typical monopolistically compettive firm. initially the market is on long run equilibrium and then there is an increase in the market demand for snacks

Answers

In the longer run, the economic profits of typical firms in the industry will be equal to Zero.

To be in a long-run equilibrium means that the overall supply of the market is equal to the overall demand that is whatever the consumers are demanding the suppliers are providing them and fulfilling the needs of the consumers. Super snacking services is a competitive firm that has a monopoly in the snack market which means that within a particular area only the snacks of this company are available.

Now since the market remains in equilibrium, the products of super snacking services will be purchased by the consumers but because of its monopolistic nature consumers will demand new types of brands with variety which will be the cause of lesser profit making.

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Complete Question:

Super snacking services is a typical monopolistically competitive firm. Initially, the market is in long-run equilibrium, and then there is an increase in the market demand for snacks. In the long run, the economic profits of typical firms in the industry will be

Which of the following funds use the accrual basis of accounting?I. Enterprise fundII. Agency fundIII. Internal service fundMultiple ChoiceI onlyII onlyI and III onlyI, II, and III

Answers

The answer is D. Following funds use the accrual basis of accounting -

1. Enterprise

2. Agency Fund

3. Internal Service Fund

The accrual basis of accounting is the idea of recording incomes when acquired and expenses as caused. The utilization of this approach likewise influences the accounting report, where receivables or payables might be kept even without a trace of a related money receipt or money installment, individually.

The accrual basis of accounting is pushed under both generally accepted accounting principles (GAAP) and international financial reporting standards (IFRS). Both of these accounting frameworks give direction with respect to how to represent income and cost exchanges without a trace of the money receipts or installments that would set off the recordation of an exchange under the cash basis of accounting.

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