arget costing: multiple choice determines cost based on a budget. determines cost based on an expected market demand for the product. determines cost based upon market price and desired profit. determines cost based on standard cost.

Northern Sky's net income for the year is $198,950. We get this amount after multiplying the return on assets by the average total assets.

The term 'net income' basically refers to the profit a company earns after deducting all expenses from its total revenue.

From our Northern Sky Resorts example,

Using the formula:

Net Income = Return on assets x Average total assets

Net income = [tex]0.23*865000[/tex]

Net income = 198,950.

Hence, Northern Sky's Net Income for the year would be $198,950.

You can learn more about net income here https://brainly.com/question/28390284

#SPJ1

The equilibrium price is P1, and the equilibrium quantity is 125. When the price changes from P1 to P3, the quantity will increase from 125 to 225.

The price at which an equilibrium is attained is determined by interactions between supply and demand. Prices frequently revert to this equilibrium until specific supply or demand conditions shift. The equilibrium price will alter if supply or demand vary as a result of one, both, or neither of these reasons.

When the supply of goods and services increases while the demand for those same goods and services remains constant, prices frequently decline to a lower equilibrium price and a higher equilibrium quantity of those products and services.

Learn more about equilibrium quantity: https://brainly.com/question/31094170

#SPJ1

Option d. having fun at the concert.  Having fun at the concert was the opportunity cost of that decision took by Taylor.

Opportunity cost is generally defined as the next best option. Also called replacement cost, it is the loss of profit that could have been incurred if another option had been chosen. This can also be explained as a loss of utility due to change of choice.

Opportunity cost is an economic concept that arises from realistic assumptions of resource scarcity. Due to the limited amount of resources, the number of production options is also limited. The production capacity is limited, so in order to produce a certain combination of goods, you must forget to produce another combination of goods. This can be called an opportunity cost.

Opportunity cost is a concept commonly used by project promoters and economic analysts to conduct feasibility studies and make policy decisions.

To learn more about opportunity cost, here:

https://brainly.com/question/13036997

#SPJ4

Complete question:

To save money, Taylor decided not to go to a concert where her favorite musician was performing. what was the opportunity cost of that decision?

a. having time to study

b. spending time at home

c. having extra money

d. having fun at the concert

The opportunity cost of the candy bar is two apples and three oranges. The correct option is b).

Opportunity cost refers to the value of the best alternative that is forgone when a choice is made. In this scenario, if a person chooses to consume a candy bar, they are giving up the opportunity to consume two apples and three oranges.

Therefore, the opportunity cost of the candy bar is the combined value of two apples and three oranges. The option of two apples or three oranges, whichever the person most prefers, is not relevant in determining the opportunity cost.

The difference in the prices of the options is also not relevant in determining the opportunity cost because it only represents the monetary value and not the value of the forgone alternative.

Hence, option b) is correct.

To know more about opportunity cost, refer here:

https://brainly.com/question/12121515#

#SPJ11

The correct answer is d, the natural rate of unemployment. The natural rate of unemployment is the rate of unemployment that is consistent with a stable rate of inflation and is determined by the equilibrium between workers searching for jobs and employers searching for workers. The natural rate of unemployment takes into account both frictional and structural unemployment, and it reflects the efficiency of the labor market.

Frictional unemployment is caused by the normal process of workers changing jobs and employers searching for the right workers to fill open positions. Structural unemployment, on the other hand, is caused by changes in the economy, such as technological advances, shifts in the types of jobs available, or changes in the qualifications necessary for certain types of jobs.

In the long run, the unemployment rate will equal the natural rate of unemployment, since this is the rate at which the labor market is most efficient and stable. This rate can fluctuate in the short run due to external factors, such as recessions or government policies, but it will eventually return to the natural rate over time.

for more such questions on unemployment .

https://brainly.com/question/20111210

#SPJ11

This is because Korea is a collectivist society, where people prioritize the group and collective goals over individual goals.

The concept of collectivism versus individualism is a fundamental cultural dimension that helps explain differences between societies. In collectivist societies, such as Korea, relationships, social harmony, and the group's welfare take priority over individual goals and achievements. In this context, building trust and strong relationships are essential for effective teamwork and collaboration, and are critical for achieving goals collectively.

By contrast, in individualistic societies such as the United States, personal autonomy, independence, and individual goals and achievements are more highly valued. Workers in these societies tend to be more task-oriented and prioritize achieving individual goals through the acquisition of information and skills.

You can learn more about collectivist society at

https://brainly.com/question/29554700

#SPJ11

The risk analysis technique in which probable future events are simulated on a computer, generating estimated rates of return and risk indexes is called Monte Carlo Simulation.

Monte Carlo simulation is a simulation approach that employs random sampling, statistical modeling, and artificial intelligence to generate probable outcomes for a system. It is a computational algorithmic approach that is used to solve a mathematical or statistical problem through a repeated sampling of random variables.

It is used in finance, engineering, and the natural sciences to forecast the possible outcomes of a system. The analysis is the method of dividing anything into parts and examining each of those parts to understand how they operate as a whole. The process of examining a problem to establish possible solutions is known as analysis.

Monte Carlo simulation is a statistical method that uses random sampling to produce probable outcomes for a model. By simulating the potential outcomes of a problem, Monte Carlo simulation allows analysts to obtain a better understanding of the degree of risk involved in a decision-making process.

A risk analysis technique in which probable future events are simulated on a computer, generating estimated rates of return and risk indexes is called Monte Carlo simulation.

Learn more about Risk analysis technique here:

https://brainly.com/question/29805280

#SPJ11

When an employee is passed over for a promotion for an illegal cause, this is a form of workplace discrimination called promotion discrimination.

refusing to let some employees use public facilities because of their skin tone. rejecting a promotion for a worker because she is expecting is discrimination. Using profiling, drug testing was limited to certain personnel. reducing wages for female workers based on their gender.

When an employer declines to promote someone due to that person's membership in a class that is protected by both the New Jersey Law Against Discrimination and Title VII of the Civil Rights Act of 1964, that action constitutes promotion discrimination.

To know more about workplace discrimination visit :-

https://brainly.com/question/30710786

#SPJ1

According to the Unbiased Expectations Theory, the one-year forward rate for the period beginning two years from today (3F1) is 4%.

The one-year forward rate for the period beginning two years from today (3F1) is equal to the current one-year interest rate plus the expected difference in the one-year rate at the end of the period and the current one-year rate.

By looking at the yield curve in the Wall Street Journal, we can see that the current one-year rate is 3%, while the one-year rate at the end of the period is 4%.

Therefore, the one-year forward rate for the period beginning two years from today (3F1) is 3% + (4%-3%) = 4%.

Thus, one year forward rate is 4%.

To know more about Unbiased Expectations Theory, click on the link below:

https://brainly.com/question/28483452#

#SPJ11

When intellectual property, such as copyrights, patents, trade secrets, or trademarks, is taken by others without permission, there is a tort of infringement.

Tort is the civil wrong or wrongful act or omission, apart from a contract, which causes harm or damage to others, and the injured party may seek redress in a court of law. The primary goal of tort law is to provide relief for the injured party and to prevent others from committing the same wrong.

Infringement is an act of violating, breaking, or infringing a law, agreement, or right. Infringement of intellectual property rights is a serious offense that can result in severe legal consequences, including an injunction prohibiting the infringer from using the intellectual property, monetary compensation for damages suffered by the rightful owner, and the seizure of goods.

Thus, if intellectual property, such as copyrights, patents, trade secrets, or trademarks, is taken by others without permission, there is a tort of infringement.

Learn more about intellectual property at https://brainly.com/question/17348419

#SPJ11

Encouraging Wedens is the best rule to help ensure a positive brainstorming session.

Brainstorming is a process of generating ideas in a group setting. It is important to create an environment where everyone feels comfortable contributing their ideas. Encouraging Wedens can help ensure that everyone's ideas are valued and that no one is afraid to speak up.

In contrast, offering criticism of ideas right away can shut down the creative process and make people hesitant to contribute. Being too focused can also limit the flow of ideas. Allowing everyone to jump into the conversation can be chaotic and disorganized, making it difficult to keep track of ideas.

Therefore, encouraging Wedens is the best rule to help ensure a positive brainstorming session.

To know more about Brainstorming, refer here:

https://brainly.com/question/26684333

#SPJ11

A trust account that earns interest and pays it to the buyer upon closing Without the seller's consent, the broker may carry out the buyer's instructions.

Earnest money can be connected to the offer, although it is typically delivered after the sales contract or purchase agreement is signed. When a deposit is made, the money is typically kept in an escrow account until closing, when it is used to cover the buyer's closing costs and down payment.

An agent or broker becomes an escrow agent as soon as they accept an earnest money deposit on behalf of a seller, and the funds are then put into an escrow account. The earnest money is typically not released after it enters escrow unless both parties agree in writing to do so.

Read more about industrial complex at

https://brainly.com/question/24246318

#SPJ4

The decrease in demand could cause the efficiency of the price ceiling to decrease, resulting in less than optimal market outcomes.

The efficiency of the price ceiling on housing in the city would increase due to the decrease in demand. With a price ceiling in place, the price of housing cannot rise above a certain level, even when demand is high. This can result in a shortage of housing, as the quantity supplied is less than the quantity demanded.

However, when demand decreases, there is less pressure on the market to exceed the price ceiling, and there is less likelihood of a shortage of housing. As a result, the price ceiling becomes more efficient, as it can maintain affordable housing without causing a shortage.

You can learn more about price ceiling at

https://brainly.com/question/4120465

#SPJ11

Operating in multiple international markets can provide firms with various benefits, perhaps even in terms of economies of scale.

When a company operates in multiple markets, it can spread out its costs across multiple locations, which can lead to lower average costs for each unit of production.

Economies of scale are the cost advantages that a company obtains as it grows larger. This could be achieved through increasing the size of operations and reducing unit costs. Operating in multiple international markets provides economies of scale, which is critical for the sustainability and growth of the business.

One of the main benefits of operating in multiple markets is that the company can access a broader customer base. As a result, the firm can increase its revenues and profits as the customer base grows. The company can also reduce its risks by diversifying its products and services across multiple markets.

This helps to protect the company against fluctuations in the economy or any other risks specific to one location.The company may also benefit from favorable exchange rates or the ability to source inputs from different markets. This can lower the overall costs of production and increase the profitability of the business.

Furthermore, operating in multiple markets may help companies gain access to new technologies, suppliers, and other resources that can enhance their operations and competitiveness.

In conclusion, operating in multiple international markets can provide various benefits, including economies of scale, diversification, access to new markets, and reduced risks.

To know more about economies of scale  refer here :

https://brainly.com/question/23633985

#SPJ11

The firm producing the price inelastic good should consider raising the price of the good in order to increase revenue.

Price inelastic goods are those goods where demand is not significantly impacted by changes in price. In other words, people are willing to pay more for these goods and will not decrease the quantity demanded even if the price increases. Therefore, raising the price is likely to increase revenue for the firm.

To effectively raise the price, the firm should consider conducting market research to determine the optimal price. This would involve researching the prices of similar goods in the market and surveying potential customers to understand their willingness to pay for the good. Additionally, the firm should consider gradually raising the price of the good to minimize customer dissatisfaction, as customers are more likely to accept gradual price increases than sudden ones.

The firm should also consider altering the good’s marketing to promote the good’s new price. This could include emphasizing the value that customers receive from the good and the benefits they get from paying a higher price. Additionally, they should focus on marketing the good in locations that are likely to yield higher revenue and cutting back on discounts. By implementing these strategies, the firm should be able to raise its revenue.

For more such questions on Revenue.

https://brainly.com/question/29346295#

#SPJ11

The category of threat actors that sell their knowledge of vulnerabilities to other attackers or governments is brokers.

The correct option is (c) brokers.

In computer security, a threat actor is a person or entity that initiates a cyberattack against an organization or individual. These individuals or groups are sometimes referred to as attackers, adversaries, or hackers. Brokers, cyberterrorists, competitors, and resource managers are all examples of threat actors.Cyberterrorists use hacking tactics to inflict terror and disrupt operations for political or social gain.

Competitors, on the other hand, aim to steal trade secrets or sabotage a rival's operations.Resource managers aim to exploit a victim's resources to conduct unauthorized activities such as cryptocurrency mining or to steal valuable data. Lastly, brokers are those who sell their knowledge of vulnerabilities to other attackers or governments.

know more about computer security here

https://brainly.com/question/5042768#

#SPJ11

In this situation, as a Walmart Canada Manager, most likely action to take: Option B - Ask what she thinks triggered the complaint and if there is an underlying issue to fix.

This action would help you identify the root cause of the complaint and work towards resolving it. By understanding what led to the complaint, you can address the issue, implement corrective measures, and prevent similar complaints from arising in the future.

Least likely action to take: Option F - Tell her to post the note in the break area to set an example for others. While it's important to recognize Sam's efforts, posting the note might not be the most effective way to address the underlying issue or encourage others to learn from the situation. It could also lead to privacy concerns if the customer's information is shared publicly. Instead, discussing the case and sharing the learnings with the team would be a more effective way of promoting good customer service.

To summarize, as a manager, you should prioritize addressing the root cause of the complaint and work towards resolving it to prevent future complaints (Option B). Posting the note in the break area (Option F) would be the least effective action, as it doesn't address the underlying issue or promote learning for the entire team.

Your question is incomplete as it misses the option letters, the complete question is:

Walmart Canada Manager Employment Assessment Your facility received a very negative complaint. When you ask your associate, Sam, about it, she says she quickly contacted the person to apologize and for the issue. She says the person was pleased and sent a note of thanks. What would you be most and least likely to do?

Pick One of Each:

A. Tell Sam you're happy with her effort.

B. Ask what she thinks triggered the complaint and if there is an underlying issue to fix.

C. Tell Sam that although this situation worked out well, she needs to find out what caused the issue to avoid future complaints.

D. Thank Sam for her great service, ask what she learned, and what she will do differently in the future.

E. Praise Sam for her quick response.

F. Tell her to post the note in the break area to set an example for others.

Learn more about handling a complaint https://brainly.com/question/20388620

#SPJ11

When an auditor is conducting an audit of a service organization, they need to consider the internal controls of the organization in the planning process.

Internal controls are policies and procedures put in place to help ensure that the organization is achieving its objectives in a reliable and efficient manner.

In particular, the auditor should evaluate the design of the internal controls, the level of supervision that is in place, and the type of checks and balances used.

They should consider the segregation of duties, the use of authorization procedures, and the documentation and tracking of transactions. Furthermore, the auditor should analyze the accuracy and completeness of the accounting records.

The auditor should also consider the reliability of the internal controls in regards to safeguarding the assets of the organization. This includes assessing the security of the premises, the reliability of computer systems and the accuracy of financial reporting.

Overall, when an auditor is conducting an audit of a service organization, they need to consider the internal controls in the planning process. This involves evaluating the design of the controls, the level of supervision, and the accuracy of the accounting records.

The auditor should also analyze the security of the premises and the reliability of computer systems to safeguard the assets of the organization.

To learn more about organization here:

https://brainly.com/question/19334871#

#SPJ11

Yes, Teenagers have more frequent unemployment spells and spend more time searching for jobs. This is due to the fact that teenagers often lack the experience and qualifications needed for more competitive jobs.

Additionally, employers are often reluctant to hire teenagers due to lack of reliability or potential for a lack of commitment to a job.

As a result, teenagers often spend more time searching for jobs and experience longer unemployment spells than adults with more experience and qualifications.

In conclusion, other things being equal, teenagers have a higher risk of unemployment and longer spells of unemployment than adults due to lack of experience and qualifications, as well as employers' reluctance to hire them.

To know more about unemployment spells refer here:

https://brainly.com/question/12914377#

#SPJ11

As discussed in the text, at minimum, a would-be plaintiff who wishes to sue an anonymous online poster for defamation or invasion of privacy must conduct a preliminary inquiry to obtain the poster's identifying information.

A preliminary inquiry is an inquiry that determines whether there is adequate evidence to warrant a criminal trial.

A preliminary inquiry is a mini-trial that is held to decide whether or not there is sufficient evidence to warrant a trial. The inquiry is typically conducted in a lower court, and the prosecutor presents evidence against the defendant to the judge during the inquiry. The accused is allowed to cross-examine any witnesses that are called during the investigation.

Learn more about an Inquiry: https://brainly.com/question/28356253

#SPJ11

KCC fell victim to the winner's curse. The winner's curse refers to a situation in which a party wins an auction or bidding process but pays more than the true value of the item being sold.

In the case of KCC, they won the bid to supply widgets to Pacer Corporation but underbid the project, meaning they set a price that was too low and ended up losing money. The winner's curse is a common phenomenon in competitive bidding situations and can result in the winner suffering financial losses.

KCC fell victim to competitive bidding, which is when multiple companies bid for a contract or project, and the winner is typically the one with the lowest bid. In an effort to win the contract, companies may underbid and end up losing money on the project. This is a risk that companies take when participating in competitive bidding, and it highlights the importance of accurate cost estimation and pricing strategies.

To know more about underbid here

https://brainly.com/question/1558020

#SPJ4

Most people are aware that if a borrower misses a loan payment, a guarantor is liable for making up the difference. There are extra risks for the guarantor.

Account for payroll. A guarantor is someone who agrees to cover another person's debt in the event that they miss a payment on a loan. Being a guarantor is not only a formality to help the borrower; the guarantee is equally responsible for repaying the loan.

A co-signer shares full responsibility for debt repayment with the original borrower. Frequently, a family member will co-sign for a loan. If the borrower defaults, the co-signer is accountable for paying any late fees.

To know more about borrower visit:-

https://brainly.com/question/30549496

#SPJ1

The annual coupon payment for a bond that has 6 years until maturity, sells for $1,050 and has a yield to maturity of 9.37% is $68 rounded to the nearest whole dollar (zero decimal places).

The annual coupon payment for this bond is determined by taking the face value of the bond ($1,000), multiplying it by the yield to maturity (9.37%) and then dividing that by the number of years until maturity (6). This calculation results in an annual coupon payment of $68, which is rounded to the nearest whole dollar (zero decimal places).

Learn more about annual coupon payment: https://brainly.com/question/27123871

#SPJ11

Sarah's action of using a legitimate business to conceal the profits of an illegal drug-selling ring is an example of money laundering.

Money laundering is the act of disguising the proceeds of illegal activity as legitimate funds to avoid detection and prosecution. It typically involves a series of complex financial transactions that are designed to make the funds appear as though they were obtained through legal means. In this case, Sarah is using a nail salon as a front to make her drug money look like legitimate income. Money laundering is a serious crime that is punishable by law.

Therefore, it is stated that Sarah's act is an example of money laundering, which is a form of financial crime.

You can learn more about money laundering at

https://brainly.com/question/29830487

#SPJ11

The organizational structure of Popso Soda Company seems to be a functional structure, where employees are grouped together based on their specialized functional areas, such as operations, marketing, human resources, and finance.

What is functional structure?

Functional structure is a type of organizational structure in which employees are grouped together based on their specialized functional areas, such as finance, marketing, operations, human resources, etc. Each functional area is headed by a manager or supervisor who reports to a higher-level manager.

In a functional structure, employees within each department typically have similar skills, training, and expertise, and they work on projects or tasks that are related to their functional area. For example, marketing employees may work on developing and promoting products, while finance employees may be responsible for managing the company's finances.

To know more about functional structure, visit:

https://brainly.com/question/14419215

#SPJ1

The aggregate demand-aggregate supply (AD-AS) model illustrates how increased potential output is represented by an outward shift of the aggregate demand (AD) curve, while an unchanged current output is represented by an unchanged AD curve.

This is due to the fact that the AD curve represents the amount of output demanded at each level of aggregate prices. As the potential output increases, so does the amount of output that is demanded, thus resulting in an outward shift of the AD curve. Aggregate demand and aggregate supply are two important concepts in macroeconomics that help to explain how the overall economy functions.

Aggregate demand (AD) refers to the total demand for goods and services in an economy at a given time. It represents the sum of all the individual demands for goods and services in the economy. AD is influenced by several factors, including consumer spending, investment spending, government spending, and net exports.

Aggregate supply (AS) refers to the total supply of goods and services in an economy at a given time. It represents the sum of all the individual supplies of goods and services in the economy. AS is influenced by several factors, including the availability of resources, technology, and the cost of production.

Learn more about aggregate demand: https://brainly.com/question/1490249

#SPJ11

The price paid by buyers will "not change, and the price received by sellers will not change". Thus, Option A is correct.

Shifting the tax burden from buyers to sellers will not affect the final price paid by buyers, as the $4 tax will still be added to the menu price of the meal. However, the sellers will now be responsible for paying the tax, which will reduce their profit margin by $4 per meal. Since the tax burden has shifted, but the amount of the tax remains the same, the price paid by buyers and received by sellers will remain the same.

This scenario is an example of tax incidence, which refers to how the burden of a tax is distributed between buyers and sellers. In this case, the tax incidence has shifted from the buyer to the seller, but the overall price paid and received remains the same. It's important to note that tax incidence is not always straightforward and can vary based on factors such as the elasticity of demand and supply.

This question should be provided with answer choices, which are:

Learn more about tax on buyers https://brainly.com/question/28496993

#SPJ11

The product's contribution margin ratio is 50%.The option E. None of the above is correct.

The contribution margin ratio for the product can be calculated using the following formula:

Contribution margin ratio = (Contribution margin / Sales) x 100

Where contribution margin is calculated as:

Contribution margin = Sales - Variable Expenses Given below is the data for Khalid Company:

Sales = $150,000

Variable expenses = $75,000

Fixed expenses = $50,000

Using the above data, we can calculate the contribution margin as:

Contribution margin = Sales - Variable expenses= $150,000 - $75,000= $75,000

And the contribution margin ratio as:

Contribution margin ratio = (Contribution margin / Sales) x 100= ($75,000 / $150,000) x 100= 50%

Therefore, the product's contribution margin ratio is 50%.(Option E. None of the above)

Learn more about margin ratio at

https://brainly.com/question/29534784

#SPJ11

The function of the plan-implement-control cycle that the kitchen's manager is conducting is the control function. The control function is the last function of the plan-implement-control cycle.

The plan-implement-control cycle is an approach that organizations use to manage their operations. It is also known as the management cycle. This cycle includes three functions that are interconnected and interdependent. These functions are planning, implementation, and control. Planning function : The planning function is the first function of the plan-implement-control cycle. Implementation function: The implementation function is the second function of the plan-implement-control cycle. In this function, the organization implements the plan developed during the planning function.

In this function, the organization monitors and evaluates the results achieved during the implementation function. The organization uses control measures to ensure that it has achieved the desired results or objectives. It helps to identify any deviations from the desired results, and the organization can take corrective action to correct the deviations.

The control function is an essential function because it helps the organization to ensure that it is on track to achieve its goals and objectives.

Know more about control function here:

https://brainly.com/question/23471344

#SPJ11

The effect of a situation of scarcity is C. A car company produces fewer cars than consumers demand, leading to a rise in prices.

Scarcity refers to the limited availability of a resource in comparison to the unlimited wants and needs of individuals. In this scenario, the car company is unable to produce enough cars to satisfy the demand of the consumers. As a result, the demand for cars exceeds the supply, creating a situation of scarcity.

In response to this scarcity, the market forces of supply and demand come into play. When demand is high and supply is low, prices generally increase. This is because consumers are willing to pay more for a limited resource, and sellers can charge higher prices due to the increased demand. In the case of the car company, the limited production of cars results in a rise in prices, as consumers compete to purchase the scarce resource.

The other options provided do not accurately depict scarcity. Option A describes a situation where a company offers incentives to boost sales, while option B suggests that a shortage of one resource may drive research into alternative resources. Option D illustrates the effect of reduced production costs on the sale price of cars, but it does not directly relate to a situation of scarcity. Therefore the correct option is C

The Question was Incomplete, Find the full content below :

Which of the following accurately describes the effect of a situation of

scarcity?

A. A car company has a slow-down in sales, driving it

to offer a cash-back rebate.

B. There's a shortage of oil, pushing car companies

into researching alternative fuels.

C. A car company produces fewer cars than

consumers demand, leading to a rise in prices.

D. There's a reduction in the cost of steel, enabling a

car company to reduce the sale price of its cars

Know more about scarcity  here:

https://brainly.com/question/26856258

#SPJ11