adam, bob and charlie are partners in a business and hold shares in the ratio of 2: 3: 5 respectively. the income of the business for the most recent year is $150,000. what is adam's share of the business income ?

Answers

Answer 1

Adam's share of the business income is $40,000.

This is calculated using the following formula:


Adam's Share = (Business Income * Adam's Ratio) / Total Ratio

In this case, Adam's Ratio is 2 and Total Ratio is 10 (2 + 3 + 5 = 10). Thus, Adam's Share = ($150,000 * 2) / 10 = $40,000.

To explain this in further detail, business income is divided between partners in a ratio that is predetermined when the business is first established. In this case, the partners agreed that Adam would receive 2 parts of the income for every 10 parts the business earns, Bob 3 parts for every 10, and Charlie 5 parts for every 10.

This means that for every dollar earned, Adam receives 20 cents, Bob receives 30 cents, and Charlie receives 50 cents.

When the business earns $150,000, Adam is entitled to receive 2 parts of the income, which is $40,000. This amount is calculated by multiplying the business income ($150,000) by Adam's Ratio (2) and then dividing the result by the Total Ratio (10).

Therefore, the answer to the question is $40,000.

To know more about business income, refer here:

https://brainly.com/question/23612373#
#SPJ11


Related Questions

the terms economies of scope, synergies, and 1 1>2 all refer to ways the diversified firm creates and captures value. group of answer choices true false

Answers

The given statement "the terms economies of scope, synergies, and 1 1>2 all refer to ways the diversified firm creates and captures value." is true because companies can combine different business units or operations to achieve greater efficiency and effectiveness, leading to cost savings, increased revenue, and other benefits.

Synergies, on the other hand, refer to the benefits that can be gained by combining different business units or operations.

The 1+1>2 effect refers to the idea that the value of two companies combined may be greater than the sum of their individual values. This can occur when the combined company is able to leverage synergies to create new products or services, enter new markets, or otherwise achieve greater success than either company could have achieved on its own.

In summary, economies of scope, synergies, and the 1+1>2 effect are all ways in which a diversified firm can create and capture value.

To know more about synergies here

https://brainly.com/question/26886908

#SPJ4

large companies with excellent credit ratings borrow long-term, asset secured, funds in the money market. true false

Answers

This statement is true. Large companies with excellent credit ratings often borrow long-term, asset-secured funds in the money market. This allows them to gain access to capital at a relatively low cost. The money market is also a less risky alternative for them compared to the stock market or other investments.

Large companies with excellent credit ratings can borrow long-term, asset-secured funds in the money market. The money market is a market for short-term debt securities, with maturities typically less than one year. However, some money market instruments can have longer maturities, such as commercial paper with maturities of up to 270 days. Companies with strong credit ratings may issue commercial paper to borrow funds in the money market. Commercial paper is a short-term debt instrument that can be issued by corporations, financial institutions, and other entities. It is typically unsecured, but can also be backed by assets such as accounts receivable, inventory, or property.

Learn more about Money Market: brainly.com/question/1305875

#SPJ11

true or false? it is a best practice to wait until after management approves risk recommendations before providing estimated costs or timelines.

Answers

True. It is a best practice to wait until after management approves risk recommendations before providing estimated costs or timelines. This is because risk recommendations can be costly and require an adjustment of resources and timeline in order to be implemented. Therefore, management approval is necessary in order to ensure that these costs and timelines are reasonable and feasible for the organization.

Risk recommendations refer to strategies or actions that can be taken to manage or mitigate potential risks that a business may face. The goal of risk recommendations is to reduce the likelihood of a risk occurring or to minimize the impact of a risk if it does occur. Risk recommendations are important for businesses to effectively manage potential risks and protect themselves from potential negative impacts. By taking proactive steps to manage and mitigate risks, businesses can improve their chances of long-term success and growth.

Learn more about Risk assessment: brainly.com/question/1224221

#SPJ11

your goal is to increase purchase intent for your products. what type of video campaign should you use to achieve that goal?

Answers

To increase purchase intent for your products, you should use an explainer video campaign.

Explainer videos are short, animated videos that explain a product or service. They are a powerful tool for driving purchase intent because they are concise, engaging, and easy to understand. An explainer video campaign is a set of explainer videos that are strategically placed and marketed to increase purchase intent. This type of campaign is an excellent way to capture the attention of potential customers and motivate them to purchase your products. An explainer video campaign can be used in a variety of ways to increase purchase intent.

For example, you could use them on your website, social media pages, and online ads. You can also use them to educate potential customers about the benefits of your products and services. To create an effective explainer video campaign, it's important to keep the following tips in mind:

Focus on benefits: Your explainer videos should highlight the benefits of your products or services. This will help potential customers understand why they need your products and motivate them to purchase from you.Keep it concise: Your videos should be short and to the point. Most viewers won't stick around to watch a long video, so it's important to get your message across quickly and efficiently.Use a clear call to action: Your videos should include a clear call to action that tells viewers what they should do next. This could be anything from "Visit our website to learn more" to "Purchase now."By following these tips and using an explainer video campaign, you can increase purchase intent for your products and drive more sales.

To learn more about “video campaigns” refer to the: https://brainly.com/question/29891317

#SPJ11

whatr type of warranty is created by an affirmativce act by the seller to create an expection with the buyer

Answers

An affirmative act by the seller to create an expectation with the buyer can create an express warranty. An express warranty is a specific promise made by the seller about the product or service being sold.

This promise may be expressed orally or in writing, and it may take a variety of forms, including a summary of the product's attributes, a claim regarding its calibre, or a warranty on its performance.

An express warranty is simply a promise from the vendor that the good or service will live up to expectations and function as promised. The purchaser may be entitled to seek redress, such as a refund, repair, or replacement, if the good or service doesn't live up to these expectations.

It's vital to understand that implicit guarantees, which are produced by law and don't necessitate an explicit action on the part of the seller, are distinct from express warranties. When a product is sold, implied warranties are immediately generated and provide a guarantee.

To know more about warranty   here

https://brainly.com/question/27815508

#SPJ4

consumer surplus is the difference between the price a consumer is willing to pay for a product and the price paid. multiple choice question. actual maximum minimum equilibrium

Answers

Answer: Consumer surplus is the difference between the price a consumer is willing to pay for a product and the price paid. The option that completes the statement is: actual.

Explanation:

What is consumer surplus?

Consumer surplus is the economic benefit that consumers get by purchasing and using a product or service. The concept of consumer surplus was established by Alfred Marshall, one of the most important economists of the 19th century.

The difference between the price that the customer is willing to pay for a product and the price paid is known as consumer surplus. In other words, it refers to the difference between the maximum amount a consumer is willing to pay for a good and the actual price paid. It's calculated as the difference between the maximum willingness to pay and the actual price paid by the consumer.

Therefore, the option that completes the statement "consumer surplus is the difference between the price a consumer is willing to pay for a product and the price paid" is "actual."

To know more about the "consumer surplus": https://brainly.com/question/14610312

#SPJ11

what is the primary goal of management? what are the primary tasks of a chief financial officer (cfo) and others in finance function of an organization?

Answers

The primary goal of management is to increase the productivity of the organization while optimizing resources and producing maximum profit.

The task of the finance function of an organization

The primary tasks of a chief financial officer (CFO) and others in the finance function of an organization are as follows:

1. Financial Planning: In order to maintain financial stability, the CFO is responsible for developing short and long-term financial plans. He also collaborates with other executives in making decisions based on these plans.

2. Risk Management: The CFO is in charge of identifying and assessing risk factors that may have an impact on the company's financial stability. He is responsible for ensuring that the company has adequate measures in place to mitigate risk.

3. Financial Control: The CFO ensures that the organization's financial operations are in accordance with regulatory requirements and best practices. He also ensures that financial statements are accurate, reliable, and in compliance with applicable laws and regulations.

4. Cash Management: The CFO is responsible for the organization's cash management operations, which include cash flow forecasting, liquidity management, and investment management.

5. Capital Structure: The CFO is responsible for the organization's capital structure, which includes determining the optimal mix of equity and debt to finance operations.

6. Budgeting: The CFO is responsible for preparing and managing the organization's annual budget. He also ensures that budgets are in line with the organization's strategic goals and objectives.

Learn more about CFO at

https://brainly.com/question/19512734

#SPJ11

consider a 12 year loan with annual payments at 5 if the loan amount is 250000 compute the interest paid in the eight year

Answers

The annual interest paid in the 8th year would be $9,769.93.

The annual interest paid in the 8th year of a 12 year loan with an annual payment of 5% and a loan amount of $250,000 would be calculated as follows:

Step 1: Calculate the loan balance after 8 years:

$250,000 x (1 - (1 + 0.05)-8) = $195,398.55

Step 2: Calculate the interest payment for the 8th year:

$195,398.55 x 0.05 = $9,769.93

Therefore, the annual interest paid in the 8th year would be $9,769.93.

To know more about annual interest:

https://brainly.com/question/30573341

#SPJ11

the recovery continuum includes short-, intermediate-, and long-term phases of recovery activities that:

Answers

The recovery continuum is a framework used to describe the different phases of recovery from a wide range of physical, mental, and emotional health conditions.

It includes three phases: short-term, intermediate-term, and long-term recovery. The short-term phase is typically focused on stabilizing the individual's condition and addressing immediate symptoms or crisis situations. This may involve medical interventions, medication, and psychotherapy to manage acute symptoms.

The intermediate-term phase is focused on achieving functional improvement and addressing the underlying causes of the condition. This may involve ongoing treatment, lifestyle changes, and support from family and friends.

The long-term phase is focused on maintaining recovery and preventing relapse. This may involve ongoing monitoring, ongoing treatment, and support from peers and professionals. The goal of long-term recovery is to achieve a sustainable and fulfilling life in which the individual is able to manage their condition effectively and live to their full potential.

Learn more about lifestyle here:

https://brainly.com/question/30338403

#SPJ4

Under a court may impose criminal liability on corporate officers regardless of whether theyparticipated in, directed, or even knew about a given criminal violation.a. implied liabilityb. conspiracyc. aiding and abettingd. responsible corporate officer doctrine

Answers

The responsible corporate officer doctrine is a legal theory that enables criminal charges to be brought against corporate officers who fail to take reasonable steps to avoid or fix illegal activities within their organizations, regardless of their level of knowledge or participation.

The doctrine's aim is to hold corporate officers responsible for their company's activities, and it has been implemented in a variety of legal contexts throughout the United States.According to the responsible corporate officer doctrine, corporate officers may be criminally liable for illegal acts committed by their businesses regardless of whether they participated in, directed, or even knew about the illegal acts. Under this legal theory, corporate officers are held responsible for ensuring that their companies follow the law and take appropriate steps to prevent criminal activities from occurring in the first place. The responsible corporate officer doctrine is a means of keeping corporate executives accountable for the illegal activities of their companies, and it is an important aspect of corporate governance.In conclusion, the responsible corporate officer doctrine states that corporate officers may be criminally liable for illegal acts committed by their companies regardless of whether they participated in, directed, or even knew about the illegal acts. The doctrine is a means of holding corporate executives accountable for the illegal activities of their companies, and it is an important aspect of corporate governance.This legal principle aims to ensure that high-ranking corporate officials are held accountable for the actions of their company, particularly when it comes to public welfare and regulatory compliance. By imposing liability on corporate officers, the responsible corporate officer doctrine encourages these individuals to take appropriate measures to prevent and address any wrongdoing within their organization.

For search more questions on corporate
https://brainly.com/question/28284743
#SPJ11

The responsible corporate officer doctrine refers to the legal principle that a court may impose criminal liability on corporate officers regardless of whether they participated in, directed, or even knew about a given criminal violation. Under this doctrine, corporate officers can be held responsible for the actions of their subordinates, even if they did not actively participate in the wrongdoing. This is because corporate officers have a duty to ensure that their companies are in compliance with the law, and they can be held accountable if they fail to fulfill this duty.

The responsible corporate officer doctrine is based on the idea that corporate officers have a unique level of responsibility and authority within a company, and they must use that authority to ensure that the company operates within the law. This doctrine is particularly important in cases where a company has engaged in illegal or unethical behavior, as it allows prosecutors to hold individuals accountable for their actions, even if they were not directly involved in the wrongdoing. Overall, the responsible corporate officer doctrine is an important tool for promoting accountability and deterring corporate misconduct.

to learn more about: corporate officer

https://brainly.com/question/29332045

#SPJ11

assuming the capm model holds, what is the cost of equity for a firm if the firm's equity has a beta of 1.1, the risk-free rate of return is 3%, the expected return on the market is 8%, and the return to the company's debt is 7%?

Answers

By applying the Capital Asset Pricing Model (CAPM), it is possible to determine the cost of equity (Ke) as follows:

Ke = Rf + β * (Rm - Rf)

Whenever: Rf = Risk-Free Rate

The firm's equity's beta value is

Rm is short for "expected market return."

With the help of the values listed in the query:

Rf = 3%

β = 1.1 \sRm = 8%

Ke = 3% + 1.1 * (8% - 3%)

Ke = 3% + 1.1 * 5%

Ke = 3% + 5.5%

Ke = 8.5%

Hence, 8.5% of the firm's equity is cost.

The capital asset pricing model (CAPM) is a stylized depiction of how financial markets value securities and, consequently, estimate projected returns on capital investments. The model gives a mechanism for measuring risk and converting that risk into expectations of expected return on equity.

Learn more about “   CAPM model “ visit ;

https://brainly.com/question/24206193

#SPJ4

assuming nothing else changes, for a given money income, an increase in the domestic price level leads to:

Answers

An increase in the domestic price level will lead to a decrease in real money income, assuming nothing else changes.

When it comes to the domestic price level, the rise in the domestic price level leads to a decline in the quantity of goods and services demanded, but the amount of money consumers have to spend remains constant, hence the real value of money or purchasing power decreases.

In economics, the price level is the average level of prices at which goods and services are exchanged in an economy.

The price level is often used to calculate inflation or deflation, as an increase in the price level leads to inflation while a decrease leads to deflation.

So, assuming nothing else changes, for a given money income, an increase in the domestic price level leads to a decrease in the real value of money, which means the purchasing power of money decreases.

Learn more about domestic prices here:

https://brainly.com/question/30237508

#SPJ11

Answer these question

Answers

Give your responses to the following questions:

P1 is the amount, and the equilibrium price is 100.The corm that is demanded at the P2 price level is priced at 150.because point O is where the equilibrium price meets.What is Equilibrium price?

The market price at which the quantity of goods or services offered and demanded are equal is known as the equilibrium price. It is the point at which there is no excess supply or demand and the forces of supply and demand meet. Buyers and sellers are willing to buy exactly the same quantity of goods or services at equilibrium price. A shortage or surplus of goods or services will occur at any price above or below the equilibrium price.

To know more about Equilibrium price, visit:

https://brainly.com/question/28527601

#SPJ1

emma's initial license was effective on october 30th of 2020. what is the date of her first license renewal? march 31st, 2022

Answers

Emma's initial license was effective on October 30th of 2020. Her first license renewal date is on March 31st, 2022.

She has to renew it within the required time limit to continue working in her field. To avoid lapses in licensing, she must renew it as soon as possible. Emma's initial license was effective on October 30th of 2020. Her first license renewal date is March 31st, 2022.

She must renew her license before it expires to avoid interruptions in her profession, so it is necessary that she renews her license before the due date.

To know more about license renewal refer here:

https://brainly.com/question/28140147#

#SPJ11

what is naches' return on equity? (write as a number with one decimal place. example: 30.2% would we written as 30.2)

Answers

Hence we can say that the return on equity of Naches is 12.1%.

Return on Equity (ROE) is a metric used by analysts to evaluate a company's profitability based on the equity it has in the company. ROE demonstrates how much profit a firm produces for each dollar of equity invested. It is calculated as Net Income/Shareholders Equity. In the context of the given question, Naches' return on equity is being asked.

In the case of Naches, their ROE is 12.1%, which means that for every dollar of equity invested by shareholders, the company generated 12.1 cents of profit. This is a good metric to assess the company's profitability and how effectively it is using the equity invested in the business.

Learn more about Return on Equity (ROE) at link

https://brainly.com/question/30404824

#SPJ11

activity-based costing is used by question 6 options: accounting firms. law firms. consulting firms. all of the above.

Answers

Activity-based costing is used by all of the above firms, accounting firms, law firms, and consulting firms.

What is Activity-Based Costing (ABC)?

Activity-Based Costing (ABC) is a costing technique that allocates overhead costs to each product, service, or client based on its use of the overhead resources in each activity involved in its production or provision. This method, which is based on the cause-and-effect relationship between costs and activities, is distinct from conventional costing approaches that divide overhead costs proportionally between items or services, such as direct labor hours, direct materials, or machine hours.

The ABC concept seeks to improve the accuracy of product and service costing by providing a more detailed, comprehensive, and logical means of tracing overhead costs to goods and services. It necessitates the identification of all direct and indirect expenses that contribute to a particular activity, as well as the calculation of the quantity of that activity used by each product or service.

After this is accomplished, the costs of each activity are divided by the quantity of that activity used by each product or service, resulting in a cost per activity used by each product or service. In conclusion, Activity-based costing is used by accounting firms, law firms, consulting firms and all the other firms.

To know more about Activity-Based Costing (ABC) refer to:

https://brainly.com/question/30395542

#SPJ11

assume china has production possibilities to produce 30 barrels of oil or 15 bushels of corn using 10 worker hours. if china decides to produce 22 barrels of oil, how many bushels of corn can it produce? place the moveable point at the coordinate that shows this production possibility. make sure that the point's coordinates are exactly correct.

Answers

Coordinates of production possibility frontier (PPF) the point: (22,10)

China can produce either 30 barrels of oil or 15 bushels of corn using 10 worker hours. Using this data, we can construct a production possibility frontier (PPF) or transformation curve graphically as shown below, using the data given in the question. The slope of the PPF tells us the opportunity cost of producing one good in terms of the other. Since the production possibility frontier is concave, the opportunity cost is increasing (the slope of the PPF is rising) as more and more of one good is produced.

When China decides to produce 22 barrels of oil, we have to find out the number of bushels of corn it can produce. For this, we have to move vertically from the point of production of 22 barrels of oil and see the number of bushels of corn that can be produced. From the graph, we can see that the maximum number of bushels of corn China can produce is 10.

So, China can produce 10 bushels of corn when it decides to produce 22 barrels of oil.

Coordinates of production possibility frontier (PPF) the point: (22,10)

To know more  about production possibility frontier (PPF):

https://brainly.com/question/17581360

#SPJ11

argues that a strategic trade policy aimed at establishing domestic firms in a dominant position in a global industry boosts national income at the expense of other countries.

Answers

The question argues that a strategic trade policy aimed at establishing domestic firms in a dominant position in a global industry boosts national income at the expense of other countries.

Here is a step-by-step explanation of this concept:
1. A strategic trade policy is an approach where a government supports specific industries to help them gain a competitive advantage in the global market. This can be done through subsidies, tax breaks, or other incentives.
2. The main goal of this policy is to establish domestic firms in a dominant position within a global industry, which means they can outcompete foreign firms and capture a larger market share.
3. When a country's domestic firms gain a dominant position in a global industry, they are more likely to export their products and services, which leads to an increase in the country's national income through increased export revenues.
4. However, the success of one country's domestic firms in dominating an industry can come at the expense of other countries. If a strategic trade policy is effective, it can result in the domestic firms of other countries losing market share and experiencing a decline in export revenues, ultimately impacting their national income negatively.
5. In summary, the  question argues that a strategic trade policy can boost a country's national income by helping domestic firms gain a dominant position in a global industry, but this advantage may come at the expense of other countries national income.

For more such questions on trade policy

brainly.com/question/22588079

#SPJ11

suppose the percentage decrease in the price of apple iphones is 10% and this causes an increase in 10% in quantity demanded of apple iphones. what is the price elasticity of demand?

Answers

The price elasticity of demand for Apple iPhones is 1, meaning that the percentage change in quantity demanded equals the percentage change in price.

If the price elasticity of demand for Apple iPhones is 1, it means that the percentage change in quantity demanded is equal to the percentage change in price. This is known as unitary elasticity.

However, this does not necessarily mean that the price elasticity of demand for Apple iPhones is exactly 1. It could be slightly higher or lower than 1, which would indicate whether the demand is relatively elastic or inelastic.

Learn more about Apple iPhones at: https://brainly.com/question/28732063

#SPJ11

for consumers to make purchase decisions, they must engage in certain processes, such as developing attitudes, learning about the product, and becoming motivated to make a purchase. multiple choice question. financial social routine

Answers

A: Financial, B: social, and C: routine processes are all involved in the consumer decision-making process, including developing attitudes, learning about the product, and becoming motivated to make a purchase.

Consumer decision-making is a complex process that involves various factors, including financial, social, and routine processes.

Financial processes relate to the financial considerations that consumers must take into account when making purchase decisions, such as price and affordability. Social processes involve the influence of others on the decision-making process, such as friends, family, and social norms. Routine processes refer to the habitual or automatic nature of some consumer decisions, such as buying a particular brand of toothpaste without much conscious thought.

All these processes given in options A, B, and C contribute to the overall consumer decision-making process.

You can learn more about purchase decisions at

https://brainly.com/question/7029808

#SPJ11

in the financial plan section of a business plan, pro forma statements should be presented for a. three to five years. b. six months. c. one year. d. seven years.

Answers

In the financial plan section of a business plan, pro forma statements should be presented for A. three to five years.

What is Pro forma financial statements?

Pro forma financial statements are projected financial statements that estimate a company's financial performance based on historical data and assumptions about future trends. These statements include projections of the company's income statement, balance sheet, and cash flow statement.

To provide a realistic and comprehensive financial plan, pro forma statements should be presented for a period of at least three to five years. This time frame allows investors, lenders, and other stakeholders to assess the long-term viability and sustainability of the business.

Therefore, option A, three to five years, is the correct option.

Learn more about pro forma here:https://brainly.com/question/16900660

#SPJ1

the national football league players association agreed to a salary cap. this is an example of how the

Answers

The National Football League Players Association (NFLPA) agreeing to a salary cap is an example of collective bargaining. Collective bargaining is the process of negotiations between an employer and a group of employees to determine wages, benefits, working conditions, and other aspects of the employment relationship.

The NFLPA is a labor union that represents professional football players in the National Football League. They negotiate and enforce a collective bargaining agreement (CBA) that governs wages, hours, benefits, and other terms of employment. This means teams can’t outbid each other for the best players, and that players can’t ask for exorbitant salaries.

The NFLPA agreeing to a salary cap is an example of collective bargaining, which is a key tool used by unions to ensure fair treatment and wages for their members. By negotiating a salary cap, the NFLPA was able to create a financially stable system that allows teams to compete without putting them in financial jeopardy.

Know more about collective bargaining here:

https://brainly.com/question/16213834

#SPJ11

Your available credit is $1,000, but you keep your debt to $200.00. How does this help you build a positive credit history?

Answers

Keeping a low debt-to-credit ratio can demonstrate responsible credit usage, which is a key factor in building a positive credit history.  

Building a good credit history requires maintaining a low debt-to-credit ratio.Your debt-to-credit ratio measures how much of your available credit you are currently using.A lower debt-to-credit ratio implies prudent credit use because you aren't using credit excessively and can properly manage credit.Keep this percentage as low as you can because creditors and lenders use it to assess your credit worthiness. Maintaining a low debt to credit ratio may make you appear less dangerous to lenders and increase your chances of getting future loan applications accepted.Another important element in establishing a solid credit history is having a low debt-to-credit ratio, which can enhance your credit score.

learn more about  credit here:

https://brainly.com/question/30791179

#SPJ1

a market segment consists of a group of: diverse products produced by the same manufacturer. customers who have diverse needs. similar products. customers who have similar needs. products that are considered obsolete.

Answers

A market segment consists of a group of customers who have similar needs.

This means that the customers within the same market segment have similar wants, needs, and preferences for a product or service.

A market segment is a group of consumers within a larger market who share similar needs or characteristics. Market segmentation is the process of dividing a larger market into smaller subgroups of consumers based on certain criteria, such as demographics, behavior, lifestyle, or psychographic factors.

Companies use market segmentation to better understand their customers and create targeted marketing strategies that are tailored to the specific needs and preferences of each segment.

By identifying and targeting specific market segments, companies can more effectively allocate resources and increase the effectiveness of their marketing campaigns.

For example, a clothing store may target a certain market segment with similar preferences for clothing, such as formal wear, casual wear, and activewear. The store may offer a variety of products within each of those categories to meet the needs of the market segment.

To know more about market segment, click on the link below:

https://brainly.com/question/30916026#

#SPJ11

what will happen to the apartment market in kansas city if the city government decides to set the price for three-bedroom apartments below the market equilibrium price in an attempt to make apartment living more affordable for local families?

Answers

If the city government of Kansas City decides to set the price of three-bedroom apartments below the market equilibrium price in an attempt to make apartment living more affordable for local families, it would lead to a surplus of apartments in the market.

The market equilibrium price refers to the price of an apartment where the quantity demanded and quantity supplied is equal. If the government decides to set the price of three-bedroom apartments below the market equilibrium price, it would result in an excess demand for apartments or a shortage of apartments since more families would be interested in renting these apartments at a cheaper price. However, since the government has set the price below the market equilibrium price, it would lead to a surplus of apartments, meaning there would be more apartments available than the demand for it.

This situation would result in a shift in the apartment market, with apartment owners reducing their prices to attract tenants since they have more competition from other apartment owners in the market. The surplus would lead to a fall in prices, which would mean more families would be able to rent a three-bedroom apartment at an affordable price. Consequently, it would reduce the demand for cheaper housing options like two-bedroom apartments or smaller apartments.Since the supply of three-bedroom apartments is high, and the demand is low due to the surplus, the prices would continue to fall until it reaches a new equilibrium price.

Therefore, if the city government decides to set the price of three-bedroom apartments below the market equilibrium price in an attempt to make apartment living more affordable for local families, it would lead to a surplus of apartments in the market.

For more such questions on equilibrium price

https://brainly.com/question/13984729

#SPJ11

entrepreneurs looking for a business that gives them the best opportunity to get rich should consider starting a business in

Answers

Entrepreneurs looking for a business that gives them the best opportunity to get rich should consider starting a business in a high-growth industry.

Starting a business in a high-growth industry gives entrepreneurs the best opportunity to get rich. High-growth industries are ones that experience significant and sustained growth due to innovation or rising demand.

These businesses typically require a significant initial investment of capital but are often able to generate high returns over time.

Examples of high-growth industries include technology, healthcare, and e-commerce. Successful entrepreneurs in these industries often invest in resources and talent, allowing them to capture a larger portion of the market and capitalize on the growth potential of the industry.

To know more about investment click on below link:

brainly.com/question/15105766#

#SPJ11

zereth is looking for ways to increase foot traffic into her brick-and-mortar locations. she has decided to open up a small coffee shop with free wi-fi in her store. this is an example of which type of decision?

Answers

Zereth is looking for ways to increase foot traffic into her brick-and-mortar locations. She has decided to open up a small coffee shop with free wi-fi in her store. This is an example of a marketing decision.

By opening up a coffee shop and providing free Wi-Fi, Zereth is utilizing the concept of 'retail therapy' in order to draw customers to her store. This concept involves creating a pleasant environment where customers can relax, socialize, and enjoy themselves while shopping. By providing a coffee shop with free Wi-Fi, customers will be able to enjoy a beverage and browse the internet while still being in the store. This helps create an inviting atmosphere and encourages customers to stay in the store longer and potentially buy more items.

Additionally, this decision allows Zereth to take advantage of the power of word-of-mouth advertising. By providing a pleasant atmosphere in her store, customers may spread the word to their friends and family, leading to increased foot traffic.

Finally, Zereth can also use her coffee shop to advertise her products and services. She can use the shop to host special events or promotions that encourage customers to visit the store. She can also use the shop to display items, advertise upcoming sales, and inform customers about new products.

Overall, by opening up a coffee shop with free Wi-Fi in her store, Zereth is making a smart marketing decision that will help her draw customers to her brick-and-mortar locations.

For more such questions on Marketing decision.

https://brainly.com/question/12309856#

#SPJ11

bramble equipment leasing company leased equipment to crane healthcare system of january 1 for a four year period. what amount is the lease recorded on crane healthcare system's books on janurary 1 2025

Answers

The lease should be recorded on Sheridan Healthcare System's books at $1,125,695.28 on January 1, 2025.

The lease payments are $350,000 per year for 4 years, so the total lease payments are $1,400,000. Using the formula for present value of an annuity, we can calculate the present value of the lease payments:

PV = PMT x [(1 - (1 / (1 + r)n)) / r]

PV = $350,000 x [(1 - (1 / (1 + 0.08)4)) / 0.08] = $1,125,695.28

The healthcare system refers to the collection of individuals, organizations, and resources involved in providing medical care and promoting public health. This includes hospitals, clinics, pharmacies, medical professionals such as doctors and nurses, and government agencies responsible for regulating the industry and funding public health initiatives.

A well-functioning healthcare system should provide affordable and accessible medical care to all members of society, regardless of their income or social status. It should prioritize preventative care and early detection, as well as treating acute and chronic conditions. The healthcare system should also be equipped to respond to emergencies and public health crises, such as disease outbreaks or natural disasters. The healthcare system plays a crucial role in promoting health education and disease prevention, such as vaccination campaigns, health screenings, and public health education initiatives.

To learn more about Healthcare System's visit here:

brainly.com/question/8867061

#SPJ4

Complete Question: -

Cheyenne Equipment Leasing Company leased equipment to Sheridan Healthcare System on January 1,2025 , for a four-year period. Equal annual payments under the lease are $350000 and are due on January 1 of each year. The first payment was made on January 1, 2025. The implicit rate of interest contemplated by Cheyenne Equipment Leasing and known to Sheridan Healthcare is 8%. Sheridan's incremental borrowing rate is 11%. The cost of the equipment on Cheyenne Equipment Leasing accounting records was $820000. Assuming that the lease is appropriately recorded as an operating lease, at what amount is the lease recorded on Sheridan Healthcare System's books on January 1, 2025?  

$1251985

$788182  no entry to record an operating lease. $1400000

the direct labor budget is based directly on the blank budget. multiple choice question. raw materials production manufacturing overhead sales

Answers

The direct labor budget is based directly on the production budget. The Option B is correct.

What does production budget means?

A production budget is a document that expresses the number of units of a specific product that a company must produce in order to match its estimated sales volume. Production budgets are typically created quarterly or monthly and are part of the overall operating budget.

The production budget consists primarily of three types of components: direct material budget, direct labor budget, and overhead cost. Rent payable, utilities payable, insurance payable, salaries payable to office staff, office supplies, and so on are examples.

Read more about production budget

brainly.com/question/29440822

#SPJ1

edge act banks are federally chartered subsidiaries of u.s. banks that are physically located in the united states and are allowed to engage in a full range of

Answers

"Edge Act banks are federally chartered subsidiaries of U.S. banks that are physically located in the U.S. and are allowed to engage in a full range of international banking activities."

Edge Act banks are specialized subsidiaries of U.S. banks that are authorized to conduct a wide variety of international banking activities. These banks are named after the Edge Act of 1919, which created a legal framework for U.S. banks to establish foreign branches and conduct international business.

Edge Act banks provide U.S. banks with an efficient way to conduct global business by allowing them to use a subsidiary that is subject to a different set of regulations than the parent company. This enables the parent bank to avoid certain restrictions that may hinder their ability to engage in international banking activities.

Learn more about banking system https://brainly.com/question/14274562

#SPJ11

Other Questions
some ecosystems still seem to be suffering from acid deposition, even in countries where sulfur emissions have been greatly reduced. what is the possible reason for this? PLEASE ANSWER AS QUICKLY AS YOU CAN!!!!!! Linear or non-linear? what is one example of how a cultural movement helped to enact policy that protects students' rights to equal treatment today? Dante collects baseball cards. He would like to keep the cards in an album. He has 10 cards for each of 24 teams. How many album pages will he need if each page can hold 8 cards? Show your work. Draw a picture if it helps. FILL IN THE BLANK Complete the following paragraph explaining how reaction velocity depends on enzyme concentration.The amount of enzyme is normally ________ the amount of substrate. Therefore, .______________If you increase the amount of enzyme, you will see ____________in the reaction velocity. at what angle relative to the incoming direction is the ray reflected from the first interaction with the surface of the diamond? pls help quick. this was due a while ago. my math teacher doesnt teach and tells us to read from the book. 7. Javier shared $280.00 among his siblings Juan, Micah and Savi. Savi received 4 times as much as Juan and Micah received 1/2 of Savi's share and Juan got the balance Calculate Micah's share. when converting to a new system, which cutover method is the most conservative? a. data coupling cutover b. parallel operation cutover c. phased cutover d. cold turkey cutover tome the cat is chasing jerry the mouse across a table surface 1.5 m high. jerry steps out of the way at the last second, and tom slides off the edge of the table at a speech of 5 m/s. where will tom strike the floor? 17. The points (0, b) and(a, b) are graphed on a coordinate plane. Whatis the distance between the points? Explain. the americans with disabilities act (ada): group of answer choices applies to private sector employers with 15 or more employees 8. suppose we find that the price elasticity of demand for a product is 3.5 when its price is increased by 2 percent. we can conclude that quantity demanded: a. increased by 7 percent. b. decreased by 7 percent. c. decreased by 9 percent. d. decreased by 1.75 percent. Larger values of r^2imply that the observations are more closely grouped about the:a. average value of the independent variables.b. average value of the dependent variable.c. least-squares line.d. origin.e. None of the above answers is correct. The basic building blocks in a human body are? an asteroid orbits the sun in a highly elliptical orbit. as the asteroid gets closer to the sun, how are the total mechanical energy and gravitational potential energy of the asteroid-sun system changing, if at all? how is the bulk of carbon dioxide transported in blood? I need help finding the regression equation pls! a nurse is reviewing the medical record of a client at the clinic. the nurse notes that the medication and dosage prescribed for the client was based on information gathered about the client's genetic makeup from the electronic health record. the nurse interprets this as: