a corporation has 4000 shares, 10% preferred stock of $55.00 par preferred stock, and 8000 shares of common stock outstanding. the net income for the year is $250,000. calculate earnings per share. group of answer choices $55.00 $28.50 $31.25

A "Cold Chain" is the practice of keeping perishable commodities at a constant low temperature while being stored, transported, and handled in order to guarantee their quality and safety.

To make sure that goods are delivered and maintained at the proper temperature, it involves a variety of refrigerated trucks, storage spaces, and refrigerated packaging.

2. A differentiation approach is used by McDonald's Cool Chain. This is so that McDonald's can differentiate its products from those of rival companies while still keeping their high standards for quality and freshness.

3. McDonald's uses franchising as part of their growth plan. This helps the McDonald's value chain by enabling the company to grow quickly with little capital outlay. While McDonald's provides the brand name, operating system, and marketing assistance, franchisees are responsible for funding the opening of additional restaurants.

4. AFL Logistics Ltd (ALL) and McDonald's would have to make a number of revisions to the financial accounts if the merger went through. The balance sheet, for instance, would list ALL of the assets and liabilities, including any debt and inventories. The income statement would reflect ALL's revenue and costs, which can include Cool Chain-related costs like fuel and maintenance for chilled trucks.

5. By examining different cost elements, such as labor expenses, cost of products sold, and overhead costs, it is possible to assess the cost structures of McDonald's, its rivals, and the industry average in my nation from 2019 to 2021. A pertinent comparison would aid in assessing McDonald's cost management.

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The statement a lease with option to buy is a good home buying solution for some buyers is false

The buyer always loses money in this type of arrangement. Lease with option to buy, also known as rent-to-own, is a contract in which a potential buyer rents a property for a certain period of time before deciding whether or not to buy it.

In some situations, a lease with option to buy is a useful home buying alternative for individuals who don't have enough money for a down payment, those with a low credit score, or those who are not yet ready to buy a home.

A lease with option to buy, also known as a rent-to-own or lease-purchase agreement, is a contract in which a potential buyer rents a property for a set period of time before deciding whether or not to purchase it. The buyer usually pays a lump sum payment upfront or in instalments, which is kept as a deposit.

After that, the buyer will pay a monthly fee as they would if they were renting a property.

Some of the pros of a lease with option to buy are:

However, there are also drawbacks, such as the buyer losing their deposit money if they don't buy the property or if they are unable to maintain the monthly payment or if they are unable to get a mortgage.

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If the broker's initial margin requirement is 50%, you would need to put up 50% of the value of the short position as cash or securities in your brokerage account. This come to $13,500.

Broker's initial margin requirement is the minimum amount of equity that an investor must have in their brokerage account to enter into a particular type of transaction, such as a short sale.

Thus, if the broker's initial margin requirement is 50%, you would need to put up 50% of the value of the short position as cash or securities in your brokerage account.

The value of the short position is:

270 shares x $100 per share = $27,000

So, you would need to put up:

50% x $27,000 = $13,500

Rounded to the nearest whole dollar, you would need to put up $13,500 in cash or securities in your brokerage account.

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Delta Diamonds had five one-carat diamonds available for sale this year: one purchased on June 1 for $500, two purchased on July 9 for $550 each, and two purchased on September 23 for $600 each.

On December 24, it sold one of the diamonds purchased on July 9. Using a periodic specific identification, its inventory after the December 24 sale is $2,250.

The periodic specific identification method is a method of inventory valuation in which the cost of each item sold and each item remaining in inventory is physically tracked and recorded. In this scenario, the company bought five one-carat diamonds throughout the year, with the following specifics:

One diamond was purchased on June 1st for $500.

Two diamonds were purchased on July 9th for $550 each.

Two diamonds were purchased on September 23rd for $600 each.

So, the total amount spent on buying five one-carat diamonds is:

= $500 + ($550 × 2) + ($600 × 2)

= $2,400.

On December 24th, the company sold one of the two diamonds purchased on July 9th.

Hence, the cost of goods sold (COGS) for that item is: $550.

The cost of inventory remaining after the sale is:

Total cost of five diamonds = $2,400 - COGS of the sold diamond

= $2,400 - $550

= $1,850.

However, there are still four diamonds in the inventory, one from June 1st and two each from July 9th and September 23rd. The total cost of inventory with respect to these four items is:

=$500 + ($550 × 1) + ($600 × 2)

= $2,250.

Therefore, using the periodic specific identification method, the inventory after the December 24 sale is $2,250. Answer: $2,250.

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The statement "A cash flow statement places each source or use of cash into one of three broad categories: operating activities, investing activities, or financing activities" is true because a cash flow statement is a financial statement that displays all cash inflows and outflows from a company's operations in a given period.

A cash flow statement is a financial statement that displays all cash inflows and outflows from a company's operations in a given period. This statement can be used to assess the overall financial position of a company.

The three broad categories into which cash inflows and outflows are divided are as follows:

Operating activities are those that relate to the core operations of the company.

Investing activities are those that relate to the acquisition and sale of long-term assets, such as property, plant, and equipment, as well as investments in securities.

Financing activities are those that relate to the raising and repayment of capital.

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The operating income is calculated by subtracting the cost of goods sold and operating expenses from the sales. Here, the operating income is $100,800. The correct option is b.

Operating income is a metric used to measure the financial performance of a company, as it indicates the total profit generated by operations before non-operating expenses and income (such as interest and taxes) are taken into consideration.

Operating income is the amount of revenue generated from regular business activities after deducting operating expenses. It is an important metric for analyzing the profitability of a business.

To determine operating income, we need to subtract operating expenses from sales.

Let's use the given information to calculate the operating income.

Sales = $680,200

Cost of goods sold = $504,000

Selling expenses = $50,400

Administrative expenses = $25,000

Now, we need to subtract the operating expenses from sales to get the operating income.

Operating expenses = Cost of goods sold + Selling expenses + Administrative expenses= $504,000 + $50,400 + $25,000= $579,400

Operating income = Sales - Operating expenses = $680,200 - $579,400= $100,800

Additionally, it is important to note that operating income does not take into account any non-operating expenses or income, meaning it does not reflect the company’s true profitability.

Therefore, the operating income is $100,800. Hence, option (b) is the correct answer.

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The cost allocation method most widely used because of its accuracy and ability to provide a detailed level of analysis is activity-based costing (ABC).

ABC is a cost accounting method that helps identify activities that cause costs and then assigns those costs to products or services.

ABC helps companies allocate resources more effectively by taking into account all activities that contribute to a product's or service's cost. ABC also helps identify cost drivers, or activities that consume the most resources, and make more accurate decisions about pricing and investments.

With ABC, companies can better understand the true cost of their products or services and make more informed decisions about their investments and production processes.

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An external firm that specializes in the creation, production, and/or placement of a marketing communications message is known as an advertising agency.

Advertising agencies are organizations that provide a range of marketing communication and advertising services to their clients. The job of an advertising agency is to help companies promote their products or services in the most effective and cost-effective way possible. An advertising agency can assist a company in defining a brand strategy, developing creative concepts and messages, producing ads and other promotional materials, and executing campaigns that meet the company's goals and objectives. They provide a full range of services, including creative development, media buying and planning, research, public relations, sales promotion, and other related services.

Advertising agencies frequently take on a significant role in helping clients achieve their marketing goals. They serve as an intermediary between the client and the media, creating and placing advertisements on behalf of the client. This entails a variety of tasks, such as determining the target audience, selecting the appropriate media to use, developing the creative content, and monitoring and measuring the campaign's effectiveness.

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The feature of services referred to in the question is that services are often intangible and occur simultaneously with the customer's receipt of them.

Services, such as a visit to the doctor's office, happen at the same time the customer receives them, meaning they cannot be stored or saved for later. This is not the case with products, which can often be purchased, stored, and saved for later.

Additionally, services are typically personalized and often cannot be standardized. They are tailored to the customer's individual needs and circumstances. Therefore, products and services differ in that services are often intangible and occur simultaneously with the customer's receipt of them.

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The type of decision making that involves recognizing a problem for which there are several possible solutions is known as multi-criteria decision making.

Multi-criteria decision making (MCDM) is a type of decision-making process that allows you to recognize a problem and then evaluate various options to determine which is the best solution. This type of decision-making typically involves analyzing multiple criteria that may include cost, benefit, risks, and other factors to determine the optimal solution. It involves examining the multiple criteria and weighing them against each other to make a decision.

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The current price of the stock (P0) is $21.17.

To calculate the current price of the stock, we use the formula P0 = D1 / (ke - g). In this equation, D1 is the dividend paid at the end of the year ($3.55), ke is the required return on common stock (20%), and g is the constant growth rate (10%).

Plugging these values into the equation, we get: P0 = $3.55 / (0.2 - 0.1) = $3.55 / 0.1 = $21.17.
Thus, the current price of the stock (P0) is $21.17.

To calculate the current price of a stock, you must use the formula P0 = D1 / (ke - g), where D1 is the dividend paid at the end of the year, ke is the required return on common stock, and g is the constant growth rate. Plugging in the values for D1, ke, and g, and solving the equation, we get the current price of the stock (P0) to be $21.17.

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Circumstances that likely will result in an audit opinion that departs from an unqualified opinion include:

An audit opinion that differs from an unqualified opinion may be issued if the auditor discovers material misstatements or inconsistencies in the financial statements if the auditor is limited in the extent of their audit, or if there is a disagreement between the auditor and the client regarding financial statement presentation or disclosure.

These circumstances indicate that the auditor is unable to express an unqualified opinion on the financial statements.

An auditor must also be able to conduct the audit with sufficient scope to obtain adequate audit evidence. If the auditor is unable to complete an appropriate audit for any reason, such as a limitation on scope, they may be unable to issue an unqualified opinion.

Finally, if the auditor and client disagree on a financial statement presentation or disclosure, the auditor may be unable to express an unqualified opinion.

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The ability to set tasks for employees in order to achieve organizational goals is known as planning. The correct option is d.

Planning is the process of creating a plan for how to achieve an organization's goals. This includes setting tasks for employees and deciding how to best utilize resources.

The process follows as such:

1. Identify the goals of the organization.

2. Determine which resources are needed to accomplish the goals.

3. Assign tasks to employees and make sure they have the necessary skills.

4. Monitor the progress of the tasks and ensure the goals are being met.

5. Evaluate the success of the plan and make necessary changes.

Hence, the process is known as d. planning.

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In defending against the strict liability claims, Seaside can make the following arguments: Arguments about the elements of injury and proximate cause: Seaside can argue that the injury was not caused by the mercury in the tuna, but by some other factor.

The plaintiff may have been exposed to mercury from other sources, which caused the injury. In such a case, Seaside cannot be held strictly liable for the injury.Argument about whether the tuna was defective or unreasonably dangerous: Seaside can argue that the tuna was not defective or unreasonably dangerous due to the mercury content. Mercury is naturally present in tuna, and Seaside had no way of knowing the exact amount of mercury in the tuna. Moreover, the level of mercury in the tuna was not high enough to pose a significant risk to human health. Therefore, Seaside cannot be held strictly liable for selling a defective product due to the mercury content.Arguments about whether the tuna was defective or unreasonably dangerous because of the lack of warning: Seaside can argue that the plaintiff was aware of the risks associated with consuming tuna and did not rely on Seaside to provide warnings. The plaintiff was expected to exercise reasonable care in deciding what to eat. Therefore, Seaside cannot be held strictly liable for not providing warnings about the mercury content.If the elements above are proved, easyshop can be held liable on a strict product liability claim even though they had no control over the packing or labeling of the tuna. This is because they were part of the chain of distribution of the product and benefited financially from its sale.

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Many necessary instruments and ports are required to prepare donuts. A mixing bowl is first and foremost required for mixing the contents. For rolling out the dough, you also need a flat surface and a rolling pin.

Donuts, sometimes known as doughnuts, are a type of fried pastry that are normally created with a combination of flour, sugar, yeast, milk, or water. The dough is shaped into a ring, which is deep-fried until the outside is crispy and golden brown.

The donut forms must be cut out with a circular cutter, and the donuts must be fried in a deep fryer or a sizable pot. The fried donuts must also be removed from the oil using a slotted spoon, and any leftover oil must be drained using a dish lined with paper towels. Next, you can decorate and flavor the doughnuts by adding toppings like icing, sprinkles, or powdered sugar.

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The costs that would be included in the recorded cost of merchandise inventory are invoice cost, storage costs, and wages costs. Insurance costs and selling costs would not be included in the recorded cost of merchandise inventory.

Invoice cost is the total amount shown on the invoice received from a supplier for merchandise purchased. This amount would be included in the recorded cost of merchandise inventory.

Storage costs refer to the costs associated with storing the merchandise. This could include rent for the storage space, labor associated with storing the inventory, or other costs associated with storing the inventory. These costs would be included in the recorded cost of merchandise inventory.

Wages costs refer to the wages of employees used to help transport, unload, and store the merchandise. These costs would be included in the recorded cost of merchandise inventory.

Insurance costs and selling costs would not be included in the recorded cost of merchandise inventory. Insurance costs refer to the costs associated with protecting the merchandise against losses, while selling costs refer to the costs associated with the sale of the merchandise, such as advertising and shipping.

In summary, the costs that will be included in the recorded cost of merchandise inventory are invoice cost, storage costs and wages costs.

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Using actual exchange rates, Turkish GDP per capita is approximately 87.5 US Dollars. Using PPP-implied exchange rates, Turkish GDP per capita is approximately 280 US Dollars, the GDP per capita in USD terms is higher when using PPP-implied exchange rates than when using actual exchange rates.

To convert Turkish GDP per capita from Turkish Liras to USD using actual exchange rates, we need to know the current exchange rate between Turkish Lira and US Dollars. Let's assume the exchange rate is 8 Turkish Liras to 1 US Dollar.

(i) Using actual exchange rates:

Turkish GDP per capita in USD terms = Turkish GDP per capita / Exchange rate

= 700 Turkish Liras / 8 Turkish Liras per USD

= 87.5 US Dollars

(ii) Using PPP-implied exchange rates:

To calculate GDP per capita using PPP-implied exchange rates, we need to use the PPP conversion factor which reflects the relative cost of goods and services in different countries. Let's assume the PPP conversion factor for Turkey is 2.5.

Turkish GDP per capita in USD terms = Turkish GDP per capita / PPP conversion factor

= 700 Turkish Liras / 2.5

= 280 US Dollars

Comparing the two values, we can see that the GDP per capita in USD terms is higher when using PPP-implied exchange rates than when using actual exchange rates. This is because PPP conversion factors take into account the differences in prices between countries, whereas actual exchange rates only reflect the relative value of currencies.

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a. To find the probability of $250 to $300 in unusual activity in a month, we need to calculate the z-scores for $250 and $300. The mean is $250 and the standard deviation is the square root of the variance, which is sqrt($391) ≈ $19.75.

Z-score for $250: (250 - 250) / 19.75 = 0
Z-score for $300: (300 - 250) / 19.75 ≈ 2.53

Now, using a z-table, we find the probability of having a z-score between 0 and 2.53. The corresponding probabilities are 0.5 and 0.9943. Therefore, the probability of $250 to $300 in unusual activity in a month is 0.9943 - 0.5 = 0.4943, or 49.43%.

b. To find the probability of more than $300 in unusual activity in a month, we use the z-score for $300, which is 2.53. The probability of having a z-score less than 2.53 is 0.9943, so the probability of more than $300 is 1 - 0.9943 = 0.0057, or 0.57%.

c. To find the probability that at least one of these 10 customers exceeds $300 in unusual activity in a month, we first calculate the probability that none of them exceed $300. The probability of a single customer not exceeding $300 is 1 - 0.0057 = 0.9943. For 10 independent customers, the probability of none of them exceeding $300 is (0.9943)^10 ≈ 0.9573. Therefore, the probability of at least one customer exceeding $300 is 1 - 0.9573 = 0.0427, or 4.27%.

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The answer are strong dollar relative to the euro is beneficial for a U.S. consumer buying a Porsche produced in Germany with parts from Slovakia, as well as for any U.S. business that imports goods from Europe.

When a U.S. consumer buys a Porsche produced in Germany with parts from Slovakia, the impact of a strong dollar relative to the euro is a favorable one. This means that, with a strong dollar, the U.S. consumer can buy the same car at a lower price in terms of the dollar than they would have with a weaker dollar.

This is because the exchange rate between the dollar and the euro directly affects the cost of buying goods or services. The stronger the dollar is relative to the euro, the more purchasing power the U.S. consumer has when buying something that is priced in euros.

In this case, the Porsche produced in Germany with parts from Slovakia would cost less in U.S. dollars if the dollar is strong relative to the euro.

The impact of a strong dollar relative to the euro is also beneficial for any U.S. business that imports goods from Europe. These businesses can purchase the same goods from European suppliers at a lower cost in terms of the U.S. dollar. This reduces their operating costs and increases their profit margins.

Overall, a strong dollar relative to the euro is beneficial for a U.S. consumer buying a Porsche produced in Germany with parts from Slovakia, as well as for any U.S. business that imports goods from Europe.

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This is known as "deceptive marketing and is known as sliming" and is prohibited by law.

The action described is an example of deceptive marketing and is known as "sliming." It involves misrepresenting a product or service as required by law in order to pressure customers into purchasing it. In this case, the ancillary coverage or product is presented as a legal requirement when it is not, leading customers to believe they are obligated to purchase it. This is considered an unfair and unethical business practice that can harm customers and damage the reputation of the company engaging in it.

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A firm has total assets of $2,000,000. it has $900,000 in long-term debt. the stockholders equity is $900,000 The total debt to asset ratio of the firm is 0.45.

The total debt to asset ratio is the ratio of the total debt of an enterprise to its total assets. It indicates the amount of an enterprise's funding that is provided by creditors as opposed to investors.

[tex]Total debt to asset ratio = Total liabilities/ Total assets\\[/tex]

[tex]Total assets = $2,000,000\\Long-term debt = $900,000\\Stockholders equity = $900,000\\[/tex]

[tex]Total liabilities = long-term debt = $900,000\\[/tex]

[tex]Total debt to asset ratio = Total liabilities/ Total assets\\900,000 / 2,000,000= 0.45\\[/tex]

Therefore, the total debt to asset ratio is 0.45.

The ratio expressed as a percentage.

[tex]0.45 x 100 = 45% \\[/tex]
The total debt to asset ratio is 45%.

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The sales level at which a corporation is profitable is known as the break-even point. has a profit that is equal to its fixed expenses.

Fixed costs are equivalent to the contribution margin. has no money to her name. Therefore, choices (A), (B), and (D) are correct.

The break-even point (BEP) or break-even level denotes the volume of sales necessary to cover all expenses, which include both fixed and variable costs to the business, in either unit (quantity) or revenue (sales) terms.

At the break-even threshold, there is no overall profit. A corporation can only surpass the break-even point if revenues are more expensive than variable costs per unit.

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The best generic strategy depends on the situation is none of the above. The correct answer is E.

The best generic strategy depends on the situation of the business. Each of the generic strategies - cost leadership, differentiation, niche/focus strategy, and integrated cost leadership/differentiation - has its own advantages and disadvantages.

For example, cost leadership can be effective for businesses operating in a highly competitive market where customers are price-sensitive. However, this strategy may not work well for businesses that need to invest heavily in research and development to differentiate themselves from competitors.

On the other hand, differentiation can be effective for businesses that offer unique and high-quality products or services, but this strategy may require a higher investment in marketing and research and development.

Niche/focus strategy can be effective for businesses that serve a specific market segment and have a deep understanding of their customers' needs. However, this strategy may limit the growth potential of the business.

Integrated cost leadership/differentiation can be effective for businesses that can balance both cost and differentiation advantages. However, this strategy may be challenging to implement, and businesses may need to make trade-offs between cost and differentiation.

Therefore, the best generic strategy for a business depends on its unique situation, market conditions, customer needs, and resources.

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A consumer electronics company and a telecommunications company establish a new company to jointly manufacture a new line of mobile phones. this is an example of a joint venture.

A joint venture refers to the partnership between two or more parties to develop a single enterprise or project for profit while sharing the risks associated with its development. The joint venture must have at least two natural persons or entities as partners.

They are typically formed by two complementary businesses. To bring an innovative product to market, a technology company may form a partnership opens in new window with a marketing company opens in new window.

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When the title will be delivered on a different day than the day the buyer plans to take possession, the parties should use  to hold the property until the title is delivered.

Escrow refers to the use of an independent third party to hold funds or documents on behalf of two parties involved in a transaction until certain conditions have been met, allowing the transaction to go forward without either party fearing they will be scammed out of their property, money, or other valuable assets.

The buyer and seller both deposit the funds or documents in escrow, and the transaction is then completed according to the terms of the contract. This process protects both parties involved in the transaction, ensuring that the funds are available for the seller and that the property is delivered to the buyer according to the agreed-upon terms.

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If K and her husband were killed in an automobile accident, the death proceeds of K's life insurance policy would be directed to her contingent beneficiary, her daughter. This is in accordance with the Common Disaster clause.

A Common Disaster clause is a provision in a life insurance policy that specifies what happens to the death benefit in the event that the insured and the primary beneficiary die at the same time or within a certain time period of each other. If this occurs, the policy proceeds are usually paid to a contingent beneficiary or the insured's estate.

A contingent beneficiary is a person or entity who will receive the policy's death benefit if the primary beneficiary is unable to receive it. If the primary beneficiary is unable to collect the death benefit due to death or some other reason, the proceeds of the policy are paid to the contingent beneficiary.

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The answer is option C, $100,000.

The stockholders' equity at the beginning of the year was:

Stockholders' equity = Total assets - Total liabilities

Stockholders' equity = $100,000 - $80,000

Stockholders' equity = $20,000

During the year, the business recorded net income as:

Net income = Revenues - Expenses

Net income = $210,000 - $110,000

Net income = $100,000

Dividends paid during the year were $20,000.

So, the stockholders' equity at the end of the year is:

Stockholders' equity = Stockholders' equity at the beginning of the year + Net income - Dividends

Stockholders' equity = $20,000 + $100,000 - $20,000

Stockholders' equity = $100,000

Therefore, the answer is option C, $100,000.

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Suppose the market clearing price is $15 and the price ceiling is $17. Then The price that prevails in the market will be $17.

What is the market clearing price? The market clearing price is a situation in which the number of goods and services demanded is equal to the number of goods and services supplied. It is the point where the buyers and sellers agree on a price at which they are willing to trade.

A price ceiling is the highest price that can be legally charged for a good or service. It is used by the government to protect consumers from price gouging by suppliers. This is often done in industries where supply is limited and the demand is high.

The price that prevails in the market will be $17 because the price ceiling is $17. This means that suppliers can't charge more than $17. The market clearing price is $15, which is lower than the price ceiling. Since suppliers can't charge more than $17, they will charge $17, which is the highest price they can charge.

So, the price that prevails in the market will be $17.

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The statement is true. iTunes' pricing model is based on a variable pricing strategy, which means that the value individuals attach to songs varies across songs and different people. This strategy allows iTunes to charge a higher price for popular songs while charging a lower price for less popular ones. By doing so, iTunes can potentially increase their profits as they can capture a larger share of the market for popular songs while still generating some revenue from less popular ones.

In addition, by using price discrimination, iTunes can increase the overall revenue it generates from the sale of songs. This is because price discrimination allows iTunes to sell more songs overall, as it can cater to a wider range of consumers with different preferences and price points. For example, some consumers may be willing to pay $1.29 for a hit song, while others may only be willing to pay $0.99. By setting different prices for the same song, iTunes can capture revenue from both types of consumers, instead of losing the second group entirely. This ultimately increases the revenue generated by iTunes from the sale of songs.

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Lola Harper should use Schedule A because her itemized deductions of $13,700 are greater than the standard deduction of $12,000.

This means she can claim a larger deduction on her tax return by itemizing her deductions rather than taking the standard deduction.

Lola Harper should use Schedule A because it allows her to deduct specific expenses such as charitable donations, medical and dental expenses, and state income tax. By adding up her itemized deductions, Lola found that the total amount exceeded the standard deduction for her tax situation.

This calculation shows that Lola's itemized deductions exceed the standard deduction of $12,000 for her tax situation, so she would benefit more from itemizing her deductions on Schedule A rather than taking the standard deduction.

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