Answer:
○ price makers.
Explanation:
they are the ones who make the price so they have no control over the price
Pat Jones is a college student who is planning some networking
opportunities for the current semester. Pat wanted to look professional for these events and felt a new suit would be a real benefit; however, the cost for the first event ended up being $75 which was a strain on the budget. Pat did not want to attend the remaining three events in the same outfit, so a new strategy was developed. Instead of paying for new suits in cash, Pat decided to charge the suits on a credit card, wear them to the events, and then return them the next day for full credit.
*****Be sure to include the following in your original response which should be at least four paragraphs with at least five sentences each:
1. Provide a brief description of the scenario in your own words.
2. Do you feel Pat's new strategy is ethical? Why or why not? Could
there be any consequences with this strategy?
3. How will this new strategy impact the company/companies where the suits are purchased?
4. What journal entry/entries would the company have to record
related to the return of the suit?
Answer:
1. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.
2. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.
3. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.
Explanation:
One of the major methods of problem solving used by economists is:
a. intuition
b. custom
c. holistic approach
d. the marginal approach
In a simple answer, look at the study of economics, supply/demand, efficient pricing, lowering costs, etc. Now, take those into real world situations and APPLY the to solve the problems that every business has. The problem anyone dealing with economics, government, businesses, institutions have. Apply the economic theories, you will find that life in an office and the classroom can have different problems. Companies tend to be good at the very big stuff; raw materials, manufacturing, sales. Even there they can make improvements. But they spend a lot on transportation, communications, human resources. These things can be improved upon. Apply what you learned to real life problems and solve them.
Describe marketing tactics that the credit industry uses to trick people into getting into debt.
Considering the credit industry analysis, the marketing tactics that the credit industry uses to trick people into getting into debt include offering lower introductory APR rates.
Other marketing tactics that the credit industry uses to trick people into getting into debt include the following:
Appealing to people's social conscience Incentives and rewardsEncouraging youth cultureUsing celebrity personality as ambassadorCreating points that don’t provide strong merchandise choicePromoting the desire to spend money on your family.Hence, in this case, it is concluded that there are various ways in which the credit industry tricks people into debts.
Learn more about the credit industry here: https://brainly.com/question/19986579
what is 5 disadvantages of cryptocurrency?
Answer:
What are the disadvantages of cryptocurrencies?
Unregulated Markets: Firstly, the biggest advantage of cryptocurrencies is that they can function without the existence of a central bank that coordinates their activities. However, this is also the biggest disadvantage of these investments. Firstly, since there is no central bank or exchange which mediates all transactions, most of them are irreversible. Secondly, since there is no centralized party or government which enforces its value. The value of the coin is purely determined by the value which peers investors place on it. Hence, if the investing community were to lose interest in a particular cryptocurrency because of a security incident, the units of that currency could become worthless overnight!
Volatile: Cryptocurrencies have still come a long way as compared to the past. However, they are still a very nascent technology. This means that the markets are still extremely volatile. It is common for cryptocurrencies to double in value in a matter of months. It is also common for cryptocurrencies to halve in value within the same period of time. Hence, for the moment cryptocurrencies are used by investors who are not afraid of speculation or volatility. Investors who are looking for a stable source of value for their investments continue to steer clear of the cryptocurrency markets.
Data Loss: The money invested in cryptocurrencies is held in digital wallets which are protected by digital passwords. If the owner deletes these passwords and is not able to recover them on his own, there is a big possibility that the money locked in the digital wallet may become inaccessible to them.
Legal Hassles: The problem with cryptocurrencies is that they are completely anonymous. As a result, they are widely used by crime syndicates and other people indulging in unlawful activities. Since cryptocurrencies are not regulated by the government, criminals find this to be the best way to launder their money. As an investor, this can be problematic. Since the market is completely anonymous, it is possible that investors could be aiding and abetting such money laundering activities without having any knowledge of the same. It is possible that investors might end up in a legal quagmire simply because they traded cryptocurrencies. In order to avoid such problems, many investors avoid investing in cryptocurrencies altogether. Apart from the issues mentioned above, many countries have made issuing and accepting cryptocurrencies an illegal activity. If investors trade these currencies despite the ban, then too, they are involved in illegal activities and could face legal repercussions.
Tax Hassles: Since cryptocurrencies are relatively new, there is still a lack of clarity about how the gains from these investments need to be taxed. Since the rules are not completely clear. Most countries in the world do not have tax gains from cryptocurrencies mentioned in their tax code. Even though this mention has not been explicitly done, investors are supposed to mention the income and pay taxes on them.
Since governments do not have a strong mechanism to determine the exact income from cryptocurrencies, some investors have tried to avoid paying taxes on them. This has landed them in trouble with the tax authorities. In many cases, investors genuinely wanted to pay their dues. However, due to the confusion about the exact nature of tax that needs to be applied to cryptocurrencies, they have been unable to do so. Hence, paying taxes on cryptocurrencies is also a complex task that requires significant transaction costs.
rong 200 từ hoặc ít hơn, hãy giải thích một trường hợp sử dụng phân tích lợi ích – chi phí để ra quyết định mà bạn quan sát được trong cuộc sống
say wHaT?! I don't know what that meanss
Compare your results to the industry ratios and describe what NMC should do to improve its position in the market.
Answer:
sorry need points ok.
Explanation:
sorry talaga ha
pero wag kayong magalit
ayaw kasukowag kang magalitnever angryResearch and find out about the changes in business sectors of Pakistan from 1947 to date. Give reasons for the changes you have identified. (10)
Answer:
Since Indian independence in 1947, the economy of Pakistan has emerged as a semi-industrialized one, the on textiles, agriculture, and food production, though recent years have seen a push towards technological diversification. ... Pakistan suffered its only economic decline in GDP between 1951 and 1952.
Retail chains try to design their store environments and layouts so as to make shopping as enjoyable and easy as possible and thereby encourage consumers to linger and make purchases. This most relates to
When Retail chains designed their store environments and layouts to make shopping enjoyable and easy, its most relates to physical environment.
Retails chains refers to chain of stores that sell similar items and under the control of the head office.
A very good example of Retails chains includes Wal-Mart, Target etc.
Usually, retails chains (like Wal-Mart, Target) designed their store environments to make shopping very enjoyable and easy for the customers.
Therefore, the operation most relates to physical environment.
Read more about this here
brainly.com/question/25479825
Over the last three years, Christmas tree prices have increased from an average of $35 per tree to over $75 per tree. How would a Christmas tree farm and the overall industry respond to the price change under the following circumstances
The Christmas tree farm would respond by:
In the short run, producers are going to earn profits and also increase their supply of the product.This is what usually happens whenever there is an increase in the prices of goods in the supply side of the market.
As the prices would go up, the producers would want to take advantage of the increases to make as much gain as they can from the market.
This is only short term profit. Therefore the supply is going to be inelastic. The demand is only going to available for a short while.
Read more on https://brainly.com/question/25083966?referrer=searchResults
what is one best motivational theory?
Answer:
The Maslow motivation theory
Explanation:
The Maslow motivation theory is one of the best known and most influential theories on workplace motivation
If the monopolist faces a constant marginal cost of $5, how much output should the firm produce in order to equal marginal revenue with marginal cost
Answer:
7
Explanation:
Maybe
Which of the following is most likely to happen if a borrower fails to make
payments on time?
A. The borrower's credit score will decrease.
B. The lender will charge a lower interest rate.
C. The lender will increase the credit limit.
D. The borrower's creditworthiness will improve.
A. The borrower's credit score will decrease.
Answer:
A. The borrower's credit score will decrease.
Explanation:
The volume of export activity in the world economy has increased as exporting has become easier, especially due to the gradual decline in trade barriers under the umbrella of GATT and now the WTO. Regional economic agreements such as the European Union and the North American Free Trade Agreement have also significantly increased export opportunities. Even though export activity in the world economy has increased, exporting remains a challenge for many firms. Smaller enterprises can find the process intimidating due to a host of issues ranging from mechanics of importing and exporting to dealing with countertrade. There are several promises and pitfalls to exporting. Read each statement to determine if it is true or false.
The statement that many novice exporters underestimate the time and expertise needed to cultivate business in foreign cultures is logically true.
From the complete question, it should be noted that exports account for a large percentage of the United States firm's sales.
Furthermore, large revenue and profit opportunities abound in foreign markets for most firms in most of the industries
In conclusion, many foreign customers do not require face-to-face negotiation when conducting business.
Read related link on:
https://brainly.com/question/25573466
explain two approaches that can be used to calculate GDP and explain why these Ovo approaches give the samw value to GDP
Answer:
the value added approach the income approach the expenditures approach
One year ago, your company purchased a machine used in manufacturing for . You have learned that a new machine is available that offers many advantages; you can purchase it for today. It will be depreciated on a straight-line basis over ten years, after which it has no salvage value. You expect that the new machine will contribute EBITDA (earnings before interest, taxes, depreciation, and amortization) of per year for the next ten years. The current machine is expected to produce EBITDA of per year. The current machine is being depreciated on a straight-line basis over a useful life of 11 years, after which it will have no salvage value, so depreciation expense for the current machine is per year. All other expenses of the two machines are identical. The market value today of the current machine is . Your company's tax rate is , and the opportunity cost of capital for this type of equipment is . Is it profitable to replace the year-old machine?
Answer:
Yes it would be profitable to replace a year old machine.
Explanation:
its always best to buy new things to replace others.
old things usually dont work correctly and could be out of date.
buying something new can reduce that probability of not working correctly
Sarjit and Rhonda have both recently completed graduate level training in liberal arts programs. Although they studied in different fields, they are similar to each other in human capital value in the labor market. According to ________, this similarity defines Sarjit and Rhonda as belonging to the same economic class.
Economic classes refer to the position of people on the earning ladder. For Sarjit and Rhonda, the theory that classifies them into the same economic class is that of;
Karl MarxAccording to Karl Marx, there are two economic classes, namely, the bourgeoisie and the proletariat. The bourgeoisie are the rich and working-class members of society while the proletariats are the workers.
Given this classification, Sarjit and Rhonda belong to the same economic class of workers.
Learn more here:
https://brainly.com/question/731472
A hospital arranges with a third-party payer to charge the third party 85 percent of its established billing rates. During January, the hospital provided services amounting to $2.0 million at the established billing rates. Prepare journal entries to record the January billings.
The journal entries to record the January billings of the hospital are as follows:
Debit Accounts Receivable $1,700,000
Debit Finance Charge $300,000
Credit Service Revenue $2,000,000
To record the services provided.Data Analysis:
Accounts Receivable $1,700,000 ($2,000,000 x 85%) Finance Charge $300,000 Service Revenue $2,000,000
Thus, the hospital will split the billing for January into two: the amount it will receive and the finance charge for using the third-party payer.
Learn more: https://brainly.com/question/25364507
Please pick one of your favorite or least favorite brands and go to its website. Please evaluate the website according to 7 C's: context, content, community, customization, communication, connection, and commerce. Please summarize whether you consider the website effective/ineffective and what recommendations you would make to the brand in improving the website.
Is democracy a prerequisite for economic growth?
Answer:
The problematic debate of economic growth in the developing societies in 50s and 60s has been replaced by the aspiration of the new wave of democratization. Despite the dominant beliefs in the past decades, neither the achievement of political independence nor the practice of the market economy in these countries has resolved the problem of underdevelopment. Yet, many argue that democracy is a prerequisite of economic growth in these countries. Recent economic growths in a few authoritarian societies on one side, and the experiences of sustained democracy with below the average economic growth in other underdeveloped countries demonstrate that democracy alone is not the magic key to the long persisted underdevelopment. Democratization of society, however, through industrialization, economic growth, education, expansion of the middle class (not necessarily through a market economy) wo holds a demand for political participation, is a fundamental step toward a stable and authentic democracy. This can be achieved by the recognition of the new status of the developing societies as the potential competitors of the industrial world in the global market, and with the technical assistance and cooperation of the West.
Which of the following statements is true about taxes?
A)Taxes pay for schools first responders and roads.
B)Taxes pay toll road fees and office buildings.
C)Taxes are only collected by the federal government.
D)Taxes are only collected by state governments.
The statement that is true about taxes is that A. Taxes pay for schools first responders and roads.
Taxes simply means the compulsory levies that are paid by individuals and firms to the government. The revenue gotten from taxes is vital for the development of an economy.
Tax revenues can be used in providing infrastructural facilities and pay for schools first responders and roads. First responders include police, firefighters, paramedics, etc.
Read related link on:
https://brainly.com/question/25496563
Answer:
Your answer is: A)Taxes pay for schools first responders and roads.
Explanation:
Protectionism helps countries raise their standard of living.
true
false
Answer:
true
Explanation:
MAKE ME BRAINLIEST THAT'S THE CORRECT ANSWER I’M SMART:)
All of the following are loss of control risks except ________. (1pts) Question 36 - All of the following are loss of control risks except ________. high unit cost forever vendor in driver's seat identity changes technology direction enhancements in wrong priority
Loss control is an important measures taken by individuals to prevent or reduce loss cycle from accident, injury etc. All except Identity changes are loss of control risks.
Loss Control ia often regarded as a risk management technique. It aim to reduce the likelihood that a loss will take place and/or reduce the highness of those that will take place.It is also called risk control or safety. .
Examples are Involuntary immobility due to great fear, during earthquakes, tornadoes, and floods is a common form of loss of control.
Learn more from
https://brainly.com/question/24947344
NEED GUIDANCE ON HOW TO DO THIS PLEASE
I need to prepare cash flow statement and financial performance statement. I have attended the photo
Answer:
transport and travelling cost
PowerSounds Inc. is a manufacturer of audio equipment. The corporation has production, marketing, accounting, and finance departments. They have a department that makes speakers, turntables, and accessories for professional DJs, and a department that produces equipment for home use. Marlena works in the production department manufacturing speaker components. She reports to the production manager and her project manager. Emmanuel works in the accounting department and also manages public relations. The organization requires all the employees to wear the corporation's T-shirt as part of the uniform. There are also specific procedures that the employees must follow while manufacturing the instruments.
It can be inferred that Marlena works in a ________ department.
a. flat
b. wide
c. narrow
d. line
e. staff
I’m the speech “I have a dream” by Martin luther king jr. did he Use of verbal signposts to create coherence?
Answer:
yes
Explanation:
he did to attract customers
Being a single parent can be tough because
A.
You have twice the income and half the expenses.
B.
Changes in welfare laws increase the amount of time welfare will help the single parent.
C.
Taxes are much higher for single people than for those who are married.
D.
Working to support the family often means paying higher costs for child care.
Answer:
the answer is letter D
Explanation:
because as a single mother, you have to support your family, and needs to pay higher cost for your children.
A firm has the following sales figures: Year 2011: $2.1 million. Year 2012: $2.3 million. Year 2013 $2.5 million. Year 2014 $2.2 million. Year 2015 $3.1 million. Using the naive approach, determine the forecast for next year's sales. A. $3.2 million. B. $3.1 million. C. $3.4 million. D. $2.5 million
Answer:
3.1 million
Explanation:
naive approach assumes that your projected data point is just your most recent one
because we have 3.1 million last year we assume that it's going to be that this year
Bài tập: Cty cổ phần X hiện đang có 20tr cổ phần thường lưu hành, không có cổ phần ưu đãi. Cty có 100tr $ nợ dài hạn , ls 10%/năm, thuế suất 20%. Cty muốn huy động thêm 50tr $ để đầu tư thiết bị mở rộng kinh doanh . Theo tính toán khi thiết bị đưa vào hoạt động sẽ có hiệu quả, cty hi vọng tạo ra 200tr $ EBIT hằng năm, từ việc kết hợp các thiết bị cũ vs thiết bị mới lắp đặt. có 3 phương án sau đây để đưa ra xem xét - Phương án1: phát hành trái phiếu conpon với ls là 12%/ năm - Phương án 2 : phát hành cổ phần ưu đãi vói cổ tức 15% - Phương án 3: phát hành cổ phần thường vs giá 40 $ 1/cổ phần Yeu cầu: 1. Hãy phần tích xem cty nên chọn phương án nào, tại s 2. Phân tích ebit và vốn 3. Tính ROE chọn mỗi phương thức tài trợ
In the context of balance sheets, accounts receivable is an example of
Answer:
In the context of balance sheets, accounts receivable is an example of current liabilities immovable assets, current assets depreciated liabilities
Explanation:
Hope It helps And Please Mark Me As BrainliestAnswer:
In the context of balance sheets, accounts receivable is an example of current liabilities immovable assets current assets depreciated liabilities
Explanation:
2. How do you plan to fit freelancing with Rev in with your current schedule?
Based on time management analysis, to fit freelancing with Rev in with your current schedule, you should start by "creating a routine."
The other things you need to include in your plan to fit freelancing with Rev in with your current schedule include the following:
Set a priority list.Avoid procrastinationUtilize an electronic calendar to follow your scheduleComplete an end-of-the-day work.Follow a healthy work-life balance.Hence, in this case, it is concluded that there are many ways in which you can fit freelancing with Rev in with your current schedule.
Learn more here: https://brainly.com/question/16891976