now values the drone at $400. Jeff wants to purchase a drone, and his willingness to pay is $900. Assume that Andy and Jeff agree on a price of $600 for the drone. Instructions: Enter your answers as whole numbers.
a. What is the producer surplus? $
b. What is the consumer surplus? $
c. What is the combined consumer and producer surplus from this transaction? $

Answers

Answer 1

The producer surplus, the consumer surplus and the combined consumer and producer surplus is : $200, $300, $500

a. Producer surplus = Total amount received - Cost of production= 600 - 400= $200

b. Consumer surplus = Willingness to pay - Amount paid= 900 - 600= $300

c. Combined consumer and producer surplus from this transaction= Producer surplus + Consumer surplus= 200 + 300= $500

The producer surplus is the difference between the minimum price at which the producer is ready to sell a commodity and the price he actually gets from the sale of the commodity.

The consumer surplus is the difference between the highest price that a customer is prepared to pay for a commodity and the commodity's market price.

The customer surplus is a significant aspect of the welfare economics of a nation.

To know more about Producer surplus, refer here:

https://brainly.com/question/22775616#

#SPJ11


Related Questions

external factors that influence recruiting usually fall into what two categories? question 2 options: the social and legal environment, and the labor market the labor market and the political envronment supply and demand, and compeditors

Answers

The two main categories of external factors that influence recruiting are the social and legal environment, and the labor market. Therefore the correct option is A.

Depending on the specific industry and organization, other external factors may have an impact on the recruiting process. For example, technology advances, social trends, and the global economy are all potential external factors. To further explain this concept in 200 words, external factors are outside influences that can impact a company's recruiting efforts. These can be either positive or negative and include aspects like the labor market, the political environment, and the competition.

Here you can learn more about labor market https://brainly.com/question/30002614

#SPJ11

given the current trends toward empowerment and employing fewer levels of management, how important do you believe management development will be in the next ten years?

Answers

The current trend of empowering employees and reducing levels of management suggests that management development will become increasingly important in the next ten years.

With fewer levels of management, the managers that are employed will have to have a higher level of competency, and be able to take on larger roles and more responsibilities.

Management development programs

Management development programs can provide the necessary skills and knowledge to equip managers with the ability to take on these responsibilities and achieve their goals.

Furthermore, with changes in the global economy, managers will have to be able to adapt quickly to new strategies and processes. Management development programs can help prepare managers to effectively lead their teams through challenging times, and provide the support needed to ensure that the organization meets its objectives.

Finally, it is essential that managers remain up-to-date with the latest developments in their field, and management development programs can help managers to stay abreast of these changes.

In conclusion, the current trend toward empowerment and fewer levels of management means that management development will be an important factor in the next ten years.

With fewer managers to fill larger roles, it is essential that they have the right skills and knowledge to lead their teams effectively. Management development programs can equip managers with the necessary tools to lead in the changing global economy.

Learn more about empowerment at

https://brainly.com/question/10699815

#SPJ11

your investor client julia wants to buy a three-bedroom, one-bath, income-producing property for $125,000. it rents for $820. comparable three-bedroom, two-bath homes in the area rent for around $1,000 and are valued an average of $20,000 more. the area's gross rent multiplier is 147. calculate the loss in income due to depreciation based on functional obsolescence using the capitalized value method.

Answers

The loss in income due to depreciation based on functional obsolescence using the capitalized value method is approximately $180.

Depreciation refers to the decrease in the value of an asset over time due to wear and tear, obsolescence, or other factors. It is a method used in accounting to allocate the cost of an asset over its useful life.

The purpose of depreciation is to match the cost of the asset with the revenue it helps generate over its useful life. Depreciation is recorded as an expense on the income statement, reducing the reported profit or net income of the business.

Learn more about depreciation here:

https://brainly.com/question/32577960

#SPJ12

evan purchases a wall calendar for $9, and his consumer surplus is $1. how much is evan willing to pay for the wall calendar?

Answers

Evan is willing to pay $10 for the wall calendar.

Consumer surplus is the difference between what a consumer is willing to pay for a good and the price they actually pay. In this case, Evan was willing to pay $10 for the wall calendar but only paid $9, resulting in a consumer surplus of $1.

To explain further, when consumers purchase goods, they must decide whether the benefit they will receive from the good is greater than the cost of the good. This difference is called the consumer surplus. In this case, the cost of the wall calendar was $9 and Evan's consumer surplus was $1. This means t

To know more about Consumer surplus click on below link:

https://brainly.com/question/30873525#

#SPJ11

What is "fair use"?
A. An exception to copyright
B. An exception to fraud
C. An exception to invasion of privacy
D. An exception to trespass
E.An exception to trade secrets

Answers

The correct option is A, an exception to copyright. Fair use is an exception to copyright that allows people to use a copyrighted work without permission from the copyright owner for certain purposes, such as commentary, criticism, reporting, research, teaching, and scholarship.

Fair use is a legal doctrine that allows limited use of copyrighted material without the need for permission from the copyright holder. It is based on the belief that the public should have access to certain material for educational and informational purposes without the permission of the copyright holder. Fair use allows the use of copyrighted material for certain purposes, such as criticism, commentary, reporting, teaching, scholarship, and research. In general, the use must be for non-profit educational purposes. Thus option A is correct.

To know more about copyright click here

https://brainly.com/question/22399852

#SPJ4

what happens if a company doesnt have a repruchase plan for unvested options that i already early exercised

Answers

If a company does not have a repurchase plan for unvested options that have already been early exercised, then the individual who early exercised their options will not have the right to repurchase those same options at a later date.

This is because the early exercise is a form of surrendering the option agreement, meaning the individual no longer has the right to repurchase the options at a later date.

In this situation, the individual would need to rely on the secondary market to sell their unvested options. However, since the options are unvested, there may not be a secondary market for them, meaning that the individual may be unable to sell the options for their true value. Furthermore, since the individual surrendered their option agreement, the company does not owe them anything should the options become more valuable.

Therefore, it is important for individuals to understand the repurchase plan for unvested options before they decide to early exercise their options. Without a repurchase plan in place, the individual may be putting their options at risk by early exercising them.

To know more about repurchase click here:

https://brainly.com/question/15343948#

#SPJ11

what were the first two service industries targeted by the wto as part of its effort to include regulations governing foreign direct investment?

Answers

The first two service industries targeted by the WTO as part of its effort to include regulations governing foreign direct investment were financial services and global telecommunications.

The World Trade Organization (WTO) is a multinational organization that oversees international trade between countries and sets trade rules. It was established in 1995.

The Agreement on Trade-Related Investment Measures (TRIMs) is one of the most important agreements made by the World Trade Organization (WTO). This agreement governs the treatment of foreign direct investment (FDI) by host countries. The agreement aims to eliminate investment-related trade barriers and restrictions by reducing the amount of regulation imposed on investors by host countries. It also seeks to promote transparency and consistency in investment policies among member countries.

Learn more about the World Trade Organization at https://brainly.com/question/29617854

#SPJ11

if the interest rate increases to 13 percent at the end of year 2, how much is the payment plus negative amortization in year 2 and year 5 if the payment remains at $800

Answers

The payment plus negative amortization in year 2 is $698.74 and in year 5 is $162.79 if the payment remains at $800.

Calculate the payment plus negative amortization

Given:

Payment: $800

Interest rate after 2 years: 13%

Now, Calculation of Principal amount:

Principal = Payment * [1 - (1 + interest rate)-time period / interest rate]

Principal = $800 * [1 - (1 + 0.13)-30 / 0.13]

Principal = $800 * [1 - 0.026388]

Principal = $800 * 0.97361

Principal = $778.89

Calculation of Negative Amortization:

At year 2: Interest = Principal * Interest rate = $778.89 * 0.13 = $101.26

Negative amortization = Payment - Interest = $800 - $101.26 = $698.74

At year 5:

Principal = Payment / Interest rate * [1 - (1 + interest rate)-time period]

Principal = $800 / 0.13 * [1 - (1 + 0.13)-60]

Principal = $800 / 0.13 * 0.63712

Principal = $4,901.54

Interest = Principal * Interest rate = $4,901.54 * 0.13 = $637.21

Negative amortization = Payment - Interest = $800 - $637.21 = $162.79

Therefore, the payment plus negative amortization in year 2 is $698.74 and in year 5 is $162.79 if the payment remains at $800.

Learn more about amortization at

https://brainly.com/question/24232991

#SPJ11

as a digital marketer managing ads, you track and determine if potential customers are becoming paying customers. this describes which ad setup step?

Answers

This describes the measurement and optimization step of the ad setup process. In this step, digital marketers measure the performance of their campaigns and optimize them to ensure that potential customers are becoming paying customers.

The measurement and optimization step of the ad setup process is integral for digital marketers. It allows them to track the performance of their campaigns and understand how effective they are in terms of generating leads and conversions. This step involves analyzing the data collected during the campaign to identify which elements are working and which need to be improved.

Learn more about data: https://brainly.com/question/26711803

#SPJ11

firms engage in strategic alliances to: group of answer choices obtain technology reduce risk access new markets all of the above

Answers

Firms engage in strategic alliances to access new markets, reduce risk, obtain technology, and many more. In the business world, strategic alliances refer to formal or informal agreements between two or more firms to cooperate in various areas for mutual benefit.

What are Strategic Alliances?

Strategic alliances are generally focused on long-term partnership and collaboration between two or more companies. These companies usually agree to pool their resources, including technology, expertise, and intellectual property, to achieve a common goal that can benefit all participants.

The main aim of a strategic alliance is to leverage each other's strengths to drive business success.

Benefits of Strategic Alliances:

There are many benefits of strategic alliances, including:

Access to new markets and customersSharing of resources and expertiseRisk sharing and reductionCost savings through shared expenses, reduced capital expenditure, and increased efficiencies.Increased opportunities for innovation and new product developmentIncreased competitive advantage and differentiation

Learn more about strategic alliance at

https://brainly.com/question/17250330

#SPJ11

in the market for digital cameras, what would we expect to happen if the price of digital cameras rises?

Answers

If the price of digital cameras rises in the market, what we expect to happen is the demand for digital cameras will decrease. This will happen because a rise in price leads to a fall in demand.

What is the relationship between price and demand?

The relationship between price and demand is inverse. When the price of a product goes up, the demand for the product goes down, and when the price of a product goes down, the demand for the product goes up.

On the other hand, when the price of a product falls, the demand for that product will increase.

In economics, the law of demand is a principle that describes consumer behavior when the price of a product rises, the demand for the product decreases, and when the price of a product decreases, the demand for the product increases.

to know more about law of demand refer here:

https://brainly.com/question/10782448#

#SPJ11

over the past year, price inflation has been 10%, but the price of a used ford escort has fallen from $6,000 to $5,000. the real price of a ford escort has fallen by:

Answers

The real price of a used Ford Escort has actually increased despite the fact that its nominal price has fallen from $6,000 to $5,000.

This is because inflation has been running at 10%, meaning that the general level of prices has increased by 10% over the past year. Therefore, the real value of $6,000 a year ago is now worth only $5,400 ($6,000 x 0.9), while the real value of $5,000 today is actually $5,500 ($5,000 ÷ 0.9).

So, in real terms, the price of a used Ford Escort has increased by $100 ($5,500 - $5,400) or approximately 1.9%.

For more questions like Inflation click the link below:

https://brainly.com/question/30112292

#SPJ11

A steel manufacturing company is going through a financial crisis because of which it is unable to pay its employees and suppliers their dues. The management of the company sells some of the fixed assets of the company to cover these expenses. In the context of the statement of cash flows, the company gets the required capital by engaging in _____.
A) investing activities
B) financing activities
C) operating activities
D) budgeting activities

Answers

In the context of the statement of cash flows, the company gets the required capital by engaging in investing activities. (option a)

What are investing activities?

Investing activities are a category of cash flow that describes a company's buying or selling of capital assets, investments, or securities. Fixed assets, such as property, plant, and equipment, are commonly referred to as capital assets.

These assets are frequently exchanged or sold to provide liquidity for the company or to obtain income for reinvestment purposes.

Purchases of fixed assets, such as land, buildings, machinery, and vehicles, are also classified as investing activities.The primary aim of investing activities is to utilize funds to generate a return on investment. It is done by acquiring or disposing of long-term assets such as property, plant, and equipment.

To know more about investing activities visit:

https://brainly.com/question/30163896

#SPJ11

business innovation involves the products companies produces or the unique ways companies fill unmet consumer needs. group of answer choices true false

Answers

True: Business innovation involves the products companies produce or the unique ways companies fill unmet consumer needs.

Business innovation is the process of developing original ideas, products, or processes to address organizational challenges or opportunities. Business innovation may occur in any of an organization's functions, including management, marketing, sales, service, and operations. Innovation can provide a competitive advantage to businesses in a variety of ways. It enables businesses to develop new or enhanced products, increase productivity and efficiency, and lower costs.

Business innovation can also enhance a company's relationship with customers, expand its market reach, develop its reputation for quality and reliability and meet consumer needs.

Therefore, business innovation is a critical driver of economic growth and productivity.

Learn more about business innovation here: https://brainly.com/question/31008165

#SPJ11

even though the amount people pay for insurance is higher than its expected value, they buy insurance because

Answers

People purchase insurance for a variety of reasons. The primary reason is to protect themselves financially in the event of an unexpected event or loss. Even though the amount people pay for insurance is higher than its expected value, they buy it to avoid the potentially high costs of an unexpected event. Insurance can help mitigate the financial burden of a potential loss, providing individuals and families with a layer of protection against large, unexpected expenses.


Insurance can also provide peace of mind. Knowing that you have protection in the event of an unexpected loss can be reassuring. Insurance policies vary in scope and coverage, so individuals can customize their protection according to their needs and budget. For example, one might purchase a car insurance policy to cover repairs and medical costs in the event of an accident.


In addition, insurance is often required by law. Many states require individuals to purchase car insurance if they own a vehicle. Homeowners are often required to purchase insurance to protect against losses from fire, theft, or natural disasters. In some cases, an employer may also require an employee to purchase insurance for medical care.



In summary, people purchase insurance for many reasons, primarily to protect themselves from unexpected losses. Insurance can provide individuals and families with peace of mind and financial protection, and in some cases, it is required by law.

To know more about insurance click on below link :

https://brainly.com/question/27822778#

#SPJ11

which of these perspectives would be least willing to change the welfare legislation, based on the concern that by changing these regulations might impact the workforce?

Answers

The perspective that would be least willing to change the welfare legislation, based on the concern that by changing these regulations might impact the workforce is: Conservative

What is welfare?

Welfare is a term that refers to financial assistance and other such benefits offered by the government to its citizens. The primary goal of these programs is to provide assistance to the underprivileged and financially insecure members of society.

The welfare system in the United States has been around for decades and has undergone significant changes over the years. However, there are several perspectives and opinions on how it should operate or whether it should be reformed.

What is conservative?

Conservatives are least willing to change welfare legislation, based on the concern that changing these regulations might impact the workforce. They believe that government welfare programs create dependency and discourage people from working, leading to higher taxes for workers and an economic burden on society.

Therefore, conservatives are likely to support regulations that limit welfare spending and benefits and focus on job creation and economic growth instead. They believe that personal responsibility and self-sufficiency are essential and that individuals should take responsibility for their lives and work hard to improve their financial situation.

Learn more about welfare here:

brainly.com/question/578494

#SPJ11

the cash flows have a present value of 0. compute the value of n, assuming a 10% interest rate compounded annually?

Answers

The present value of a set of cash flows is equal to the sum of the discounted future cash flows, where the discount rate is the interest rate (in this case 10% compounded annually). Therefore, the value of n is the number of periods needed in order for the equation to be true.

Therefore, the equation to compute the value of n is:

Present Value =  [tex]$\sum_{t=1}^{n} \frac{C_{t}}{(1+r)^{t}}$[/tex]

Where:

Ct is the amount of cash at period tr is the interest rate (in this case 10% compounded annually)n is the number of periods
 

In this question, the present value of the cash flows is 0, so we can rearrange the equation to solve for n:

0 =  [tex]$\sum_{t=1}^{n} \frac{C_{t}}{(1+r)^{t}}$[/tex]

Therefore, the value of n is the number of periods needed in order for the equation to be true.

Learn more about Compound interest: brainly.com/question/28020457

#SPJ11

2. a company does not check references or conduct a criminal background check on an employee. the employee has a long history of violent crime. the employee physically attacks a customer who subsequently sues the company. this is an example of

Answers

The employee physically attacks a customer who subsequently sues the company. This is an example of Type II—Customer/Client(Type II violence).

The failure of the company to check references or conduct a criminal background check on the employee, despite their known history of violent crime, could be seen as a form of negligence that contributed to the violent incident. As a result, the company may be held liable for the actions of the employee and the harm caused to the customer.

Type II violence typically involves a customer, client, patient, student, or inmate becoming violent while being served by a business. In the example provided, it is the employee who is the perpetrator of the violence, not the customer. Therefore, while the incident may be a form of workplace violence, it is not a clear example of Type II violence.

However, the failure of the company to check references or conduct a criminal background check on the employee, despite their known history of violent crime, could be seen as a form of negligence. By failing to take reasonable steps to screen job candidates, the company may have contributed to the violent incident.

To know more about the Background check, here

https://brainly.com/question/31148039

#SPJ4

which of the following might be a realistic career path for a human resource manager? compensation analyst, director of compensation and benefits, operations, trainer chro, director of talent acquisition, hr generalist, employee relations, operations hr generalist, director of learning, employee relations, operations recruiter, trainer, hr generalist, operations, director of talent acquisition, chro

Answers

A human resource manager's particular career path will depend on their unique abilities, interests, and professional objectives.

What kind of career can a human resource manager expect?

Recruiting managers, payroll managers, staffing managers, administrators, or human resources managers are among the professional positions that HR assistants frequently advance into. The two main career paths available to HR professionals are generalist and specialist. Human resources generalists frequently carry out a wide range of tasks.

What qualifications are necessary for a human resources manager?

The capacity to research and identify fresh approaches to managing people and their concerns is one of the most crucial HR abilities required. A pathfinder, problem solver, philosopher, leader, friend, identifier, and competency builder for everyone in an organisation are just a few other HR abilities.

To know more about interests visit:-

https://brainly.com/question/29480777

#SPJ1

when many buyers and sellers freely enter and exit a market having similar, yet differentiated products, it is called . multiple choice question. perfect competition oligopoly monopolistic competition monopoly

Answers

Perfect competition is a market structure where many buyers and sellers freely enter and exit the market, each with similar, yet differentiated products. The correct answer is: perfect competition.

In the perfect competition are no barriers to entry or exit, prices are set by the market, and the market share of each seller is small. Each seller has no influence over price and must accept the market-determined price. In addition, perfect competition implies that buyers and sellers have access to perfect information about the market.

As a result, no single seller can make decisions that affect the market as a whole. In short, perfect competition is a market structure with a large number of buyers and sellers, differentiated products, no barriers to entry or exit, and perfect information about the market.

In conclusion, the correct answer is perfect competition.

See more about perfect competition at https://brainly.com/question/4190313.

#SPJ11

According to the pecking-order theory proposed by Stewart Myers of MIT, which of the following are correct? I. For financing needs, firms prefer to first tap internal sources such as retained profits and excess cash. II. There is an inverse relationship between a firm's profit level and its debt level. III. Firms prefer to issue new equity rather than source external debt. IV. A firm's capital structure is dictated by its need for external financing.

Answers

IV. A firm's capital structure is dictated by its need for external financing.

The pecking-order theory proposed by Stewart Myers of MIT states that a firm's capital structure is determined by its need for external financing.

According to the theory, firms prefer to first tap internal sources such as retained profits and excess cash to finance their needs. This is because internally sourced funds are cheaper and easier to access than external sources.

In addition, there is an inverse relationship between a firm's profit level and its debt level, which suggests that firms with lower profits prefer to use internal sources of financing.

Moreover, the theory states that firms prefer to issue new equity rather than source external debt. This is because issuing new equity is less costly than borrowing from external sources. Therefore, statements I, II, and III are all true, while statement IV is false.

Know more about pecking-order theory here

https://brainly.com/question/28147666#

#SPJ11

impairment losses on property, plant and equipment are normally reported on the income statement as:

Answers

Impairment losses on property, plant, and equipment are typically reported as an expense on the income statement.

What is Impairment losses on property, plant, and equipment?

Impairment losses on property, plant, and equipment refer to a decrease in the value of these long-term assets due to a significant and/or unexpected decline in their fair market value or usefulness.

Impairment losses on property, plant, and equipment are typically reported as an expense on the income statement. The expense is recognized when the carrying value of an asset exceeds its recoverable amount, which is the higher of its fair value less costs to sell or its value in use.

The impairment loss is calculated as the difference between the carrying amount of the asset and its recoverable amount. This loss is recognized in the period in which it is identified and is reported as a separate line item on the income statement, typically under the heading "impairment loss on property, plant and equipment."

Learn more about Impairment losses at https://brainly.com/question/27337269

#SPJ1

when jason bought a car and went to register it with the state department of motor vehicles, he needed to show proof of insurance. what kind of insurance did jason need to have?

Answers

When Jason bought a car and went to register it with the state department of motor vehicles, he needed to show proof of insurance. The kind of insurance that Jason needed to have is liability insurance.

What is liability insurance?

Liability insurance is a type of insurance policy that provides protection to a business or individual against the risk of being sued or held legally responsible for damage or injury caused to others. It is a type of insurance coverage that protects against claims arising from bodily injury, property damage, or other types of damages.

The liability insurance covers the cost of legal defense and any settlement or judgment that the court may award to the victim or claimant. The liability insurance is usually required by law in most states before an individual can legally operate a motor vehicle.

Learn more about liability insurance at

https://brainly.com/question/1530286

#SPJ11

Which of the following statements correctly characterizes changes in farming and agriculture land during the period between 1870 and 1900? a. The number of farms, as well as the number of acres under cultivation rose b. The number of farms, as well as the number of eres under cultivation fell. c. The number of farms rose, but the number of atres under cultivation fell d. The number of farms fel but the number of ander cultivation rose

Answers

The statement that correctly characterizes the changes in farming and agriculture land during the period between 1870 and 1900 is: The number of farms rose, but the number of acres under cultivation fell. option (A)

What is agriculture?

Agriculture is the process of cultivating food, feed, and fiber crops and the rearing of animals to provide food, wool, and other goods. The farming system in the United States underwent significant changes between 1870 and 1900. The number of farms rose while the number of acres under cultivation fell. This was the period when new technologies and techniques were invented, which led to the growth of agriculture.

What happened during the period of 1870 and 1900?

During the period between 1870 and 1900, agriculture land in the United States underwent significant changes. Several inventions, such as seed drills, threshing machines, and reapers, revolutionized agriculture. These inventions decreased the number of hours and labor required for farming, making it more efficient and cost-effective.These changes led to an increase in productivity, which led to the creation of large-scale farming. As a result, the number of farms rose, but the number of acres under cultivation fell. The trend continued, and by the end of the 19th century, there was a shift from subsistence farming to commercial farming.

Learn more about farming and agriculture land

https://brainly.com/question/19542448

#SPJ11

The December 31, 2018, balance sheet of Justin’s Golf Shop, Inc. , showed current assets of $1,155 and current liabilities of $940. The December 31, 2019, balance sheet showed current assets of $1,370 and current liabilities of $1,045.


What was the company's 2019 change in net working capital, or NWC?

Answers

The company's 2019 change in Net working capital will be $150.

The difference between current assets and current liabilities on a company's balance sheet is known as net working capital, or NWC. It serves as a gauge of a company's liquidity and capacity to pay short-term debts and fund ongoing operations.

The computation of change in net working capital is shown below:

Change in net working capital

= (Current assets in the year 2019 - current assets in the year 2018) - (Current liabilities in the year 2019 - current liabilities in the year 2019)

= ($1,370 - $1,155) - ($1,045 - $940)

= $255 - $105

= $150

We simply take the difference between current assets and current liabilities and then subtract it from each other.

Learn more about Net working capital:

brainly.com/question/31193823

#SPJ4

coachlight incorporated uses a periodic inventory system. the company purchased 200 units of inventory at $20.00 per unit and 300 units at $21.00 per unit. what is the weighted average unit cost for these purchases of inventory? (round your final answer to two decimal places.)

Answers

This means that $21.00 per unit is the weighted average cost structure for such inventory purchases.

How do you track purchases of inventory?

Take the example of a $1,000 credit purchase of inventory. For a $1,000 increase, debit your inventory account. In order to prove that you owe $1,000, credit your Payables account next. The credit reduces the balance of your Cash account because it is an asset as well.

How are inventory purchases accounted for?

An organization's inventory purchases are tracked in the purchasing account, which is an account in the general ledger. A periodic system uses this account to determine how much inventory is available for purchase.

To know more about inventory purchases visit:

https://brainly.com/question/29659013

#SPJ1

which of the following statements are correct? multiple select question. once established, the accounting procedures manual should not be changed. procedures manuals are generally ineffective in today's fast-paced environment. periodic reviews should be conducted to ensure that employees are following the procedures outlined in the manual. appropriate accounting procedures should be documented in a procedures manual.

Answers

The following statements are correct

1. Once established, the accounting procedures manual should not be changed.
2. Periodic reviews should be conducted to ensure that employees are following the procedures outlined in the manual.
3. Appropriate accounting procedures should be documented in a procedures manual.



A procedures manual is a document that outlines the specific procedures that should be followed in an accounting system. It should be established when the accounting system is first set up and should not be changed unless absolutely necessary.

Periodic reviews should be conducted to ensure that all employees are following the procedures outlined in the manual.

It is important to document the appropriate accounting procedures in a procedures manual, as this will help to ensure that processes are consistent, accurate, and up-to-date. In today's fast-paced environment, having a procedures manual is a key component of any successful accounting system.

To know more about accounting system click on below link:

https://brainly.com/question/28326510#

#SPJ11

henley corporation has bonds on the market with 20 years to maturity, a ytm of 11.3 percent, a par value of $1,000, and a current price of $935. the bonds make semiannual payments. what must the coupon rate be on the bonds? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

the bond's coupon rate is 11.22%.

To determine the bond's coupon rate, the following formula must be used:

PMT = C × FV × CPMT = Coupon payment

C = Coupon rate

FV = Face value of bond

CP = Coupon Payment Frequency

N = Number of years until maturity

I = Yield to maturity/required rate of return on the bond.

PMT can be calculated by using the following formula:

PMT = FV × CP × (1 + i) / (2 × N)

The details are given below:

FV = $1000CP = 2 years

N = 20 years

YTM = 11.3%Price = $935

Calculating the PMT:

PMT = FV × CP × (1 + i) / (2 × N) = $1,000 × 0.5 × (1 + 0.113 / 2) / (2 × 20) = $56.1028

Hence, the bond's coupon rate will be calculated by using the following formula:

PMT = C × FV × CPMT = Coupon payment

C = Coupon rate

FV = Face value of bond

CP = Coupon Payment Frequency

N = Number of years until maturity

I = Yield to maturity/required rate of return on the bond.

C = PMT / (FV × CP) = $56.1028 / ($1000 × 0.5) = 11.22%.

Therefore, the bond's coupon rate is 11.22%.

To know more about Bond's coupon rate:

https://brainly.com/question/29765779

#SPJ11

the project manager finished the first of four projects for lilac inc. how should the lessons learned report be shared to other teams?

Answers

The lessons learned report for Lilac Inc. should be shared with other teams in a concise and organized way. First, the project manager should provide a brief overview of the project, including any successes and challenges.

Then, the project manager should summarize the key lessons learned from the project, and how they can be applied to future projects. Finally, they should include a step-by-step explanation of how the report can be used by other teams.

The project manager should provide a brief overview of the project, including any successes and challenges.The project manager should summarize the key lessons learned from the project, and how they can be applied to.  

The project manager should include a step-by-step explanation of how the report can be used by other teams. This should include how the report can be accessed, who should have access, how it can be reviewed, and how the lessons learned should be integrated into the project planning and execution process.

By providing a clear overview, summarizing key lessons, and giving a step-by-step explanation of how the report can be used, other teams can quickly and easily utilize the information in the report to their benefit.

To learn more about project manager here:

https://brainly.com/question/6500846#

#SPJ11

if a small-business owner enjoys the chance to balance work and personal life, he or she would be considered a(n)

Answers

A small company owner would be seen as a sustainer if he values the opportunity to strike a balance between work and personal life.

What duties are incumbent upon a small business owner?

Small company owners are responsible for the direction of their individual companies. They are in charge of creating and upholding the company's business strategy, preparing its marketing plans, and thinking of new methods to keep it profitable. Research and planning are crucial skills for a business owner.

Who is the owner of a small firm that is in charge of recruiting and educating potential employees?

An entrepreneur uses the first three of them in combination to produce goods or offer services. Typically, they create a business plan, hire personnel, collect resources and money, and provide the firm leadership and management. Entrepreneurs usually face a variety of obstacles while launching their firms.

Learn more about An entrepreneur: https://brainly.com/question/31104672

#SPJ1

Other Questions
what is the torque produced by a force of magnitude 90 n that is exerted perpendicular to and at the end of a 0.5m long wrench the soil horizon containing only organic material is the a horizon. b horizon. c horizon. o horizon. e horizon. creedence clearwater revival broke up in 1972, but john fogerty began to experiment with overdubbing techniques and made a number of recordings on which he played all the parts, but he used the blue ridge rangers name for his recordings of: 1 is subtracted from the square of a number. Represent the following sentence as an algebraic expression. Where a number is the letter X. You dont need to simplify. Please help. in 1975 the education of all handicapped children act stipulated that children with special needs must be educated in the: in which the development of the factory system and the development of new transportation infrastructure such as railways worked together as factors facilitating british industrialization? what river acts as a natural boundary between congo and congo republic? A Car accelerate Cuniformly from) 13 ms -1 to 31ms-1 while entering the motor way Covering the distance 220m what is the tidal range if the water measures 2 feet at high tide and -1 foot at low tide compaction and cementation are two common processes of erosion. transportation. deposition. lithification. a solution at room tempearature with a ph of less than 7 will be: select the correct answer below: acidic basic neutral depends on the solutiona.Acidicb.Basicc.Neutrald.Depens on the solution when it was revealed that a prominent member of the community had cheated on his wife with many women, he was called a variety of names associating him with his affairs and his reputation suffered. this is an example of . think about where proteins are made in the cell. where are almost all amino acids in the cell? g Evaluate3x22xy+4y23x22xy+4y2forx=1x=1andy=2 1. describe how a veterinary clinic would control cross-contamination between employees and clients, specifically in the lobby, public restroom, and parking lot. what is the audience segmentation database called that we looked at in the lecture? group of answer choices criteria dma clarity target claritas prizm clarion color which of the following is a method of finding cases in a legal digest? which of the following is a method of finding cases in a legal digest? all/any of these answer choices. descriptive word approach topic approach table of cases approach key number Put the dictionary entry words in order by matching them to the numbers in the left column. Since the first two letters ofeach word are the same, you will need to look at the third letter to make your decision.1. 22. 73. 84. 45. 16. 67. 58. 3shuckshackshyshockshivershredshelterShvernick when we say that the adoption of a civil service system introduces a paradox into the democratic nature of texas government, what do we mean? 50 PointsJaney paints a block of wood with gold glitter for an art project. The block measures8 inches by 10 inches by 20 inches.After she's done, she decides to make two blocks by cutting through the block on thered line. She still wants each block to be covered with gold glitter.What is the total area of the cut surfaces she still needs to paint?Answer the questions to find out.1. What is the shape of each cut surface? what are its dimensions?2. What is the area of each cut surface?3. What is the total area Jenny needs to paint? Explain how you found your answer.