suppose that 20,000 tickets were sold at $120 for a concert at madison square garden in new york. the event was sold out and some fans could not get tickets. this suggests that

During a severe and persistent recession, Keynesians would most likely propose macroeconomic stabilization. This involves the use of government intervention to stabilize the economy by increasing government spending, reducing taxes, and adjusting interest rates

This is based on the Keynesian belief that during a recession, demand falls, leading to a decrease in economic activity, which ultimately results in higher unemployment rates.

To combat this, macroeconomic stabilization policies aim to boost demand, which in turn, will stimulate economic activity and help to reduce unemployment rates. Overall, the goal of macroeconomic stabilization is to stabilize the economy and promote growth, even during difficult economic times.

To know more about recession,refer to the link:

https://brainly.com/question/30142881#

#SPJ11

Answer: 54.9 LBS

Explanation: got it right

To provide a more accurate view of future payments, her company incorporates a bad-debts adjustment into the accounts receivable balance.

This adjustment accounts for the possibility of customers defaulting on their payments, allowing the company to estimate the payments they expect to receive. These expected payments are known as the net realizable value of accounts receivable.

This approach is commonly used in businesses that offer financing options, as it helps to minimize the impact of potential bad debt on the company's financial statements.

By accounting for bad debt in this way, the company can present a more realistic view of its financial position and better manage its cash flow.

Learn more about bad-debt adjustment at

https://brainly.com/question/30025948

#SPJ11

The operating efficiency of mortgage banks is an important aspect of their financial performance. It refers to the ability of the bank to minimize costs and maximize profits while carrying out its mortgage origination or acquisition activities.

In accounting terms, operating efficiency can be measured through various financial ratios such as the expense ratio, net interest margin, and return on assets.

The expense ratio is a measure of the bank's operating costs as a percentage of its revenue. A lower expense ratio indicates higher operating efficiency, as the bank is able to generate more revenue from the same level of expenses.

Net interest margin, on the other hand, measures the difference between the interest income earned on mortgage loans and the interest expense incurred by the bank. A higher net interest margin indicates higher operating efficiency as the bank is able to generate more income from its lending activities.

Finally, return on assets (ROA) measures the bank's ability to generate profits from its assets. A higher ROA indicates higher operating efficiency as the bank is able to generate more income from its mortgage origination or acquisition activities.

Mortgage banks can improve their operating efficiency by implementing cost-cutting measures, streamlining processes, and leveraging technology to automate their operations.

To know more about mortgage banks, refer here:

https://brainly.com/question/28917353#

#SPJ11

The given scenario is an example of monopolistic competition.

Monopolistic competition is a market structure where a large number of firms produce differentiated products that are close substitutes for each other. In this scenario, Sterling Corporation is a market leader in producing cancer medicines, which indicates that there are other firms producing similar products.

However, due to its brand image, it is able to manipulate prices and gain huge profits while maintaining market share, which is a characteristic of monopolistic competition. Additionally, its highly skilled innovations team produces unique products, which further highlights the aspect of differentiation in this market structure.

In monopolistic competition, firms have some control over the prices they charge due to product differentiation and brand image, but they still face competition from other firms producing similar products.

This results in a balance between market power and competitive pressures, leading to a situation where firms are able to earn profits in the short run, but must continually innovate and differentiate their products to maintain their market position in the long run.

For more questions like Market click the link below:

https://brainly.com/question/15483550

#SPJ11

The cash disbursements for the year were $865,000.To calculate the cash disbursements for the year, we need to use the following formula:

Cash disbursements = Cost of goods sold + Marketing and administrative expenses - Increase in accounts payable + Decrease in merchandise inventory + Increase in accounts receivable

First, we need to calculate the cost of goods sold using the gross profit percentage:

Gross profit = Sales * Gross profit percentage

$1,030,000 * 45% = $463,500

The cost of goods sold can be calcualted as   Sales - Gross profit

$1,030,000 - $463,500 = $566,500

Next, we can calculate the cash disbursements using the formula:

Cash disbursements = $566,500 + $167,000 - (-$49,500) + $28,000 + $54,000

Cash disbursements = $566,500 + $167,000 + $49,500 + $28,000 + $54,000

Cash disbursements = $865,000.Therefore, the cash disbursements  were $865,000.

To know more about cash disbursements click here

brainly.com/question/24195927

#SPJ11

The statement that is not true is "e. business analytics enables organizations to make a decision."

Business analytics is a field that focuses on the use of data, statistical and quantitative analysis, and predictive modeling to gain insights and inform decision-making. Options a, b, c, and d are all true statements as they describe different methods or techniques used in business analytics.

However, option e is not entirely accurate. Business analytics can provide insights and recommendations, but ultimately, it is up to the organization or decision-makers to make the final decision based on the insights provided. Business analytics can provide valuable information to inform decision-making, but it cannot make decisions on its own. The responsibility of decision-making lies with the organization or decision-makers who must weigh the insights provided by business analytics with other factors such as risk, cost, and strategy to make an informed decision.

Option e is answer.

You can learn more about business analytics at

https://brainly.com/question/30500219

#SPJ11

The constant under the high-low method is $250.

Ohio Instruments provides the following information for their cost driver (machine-hours):

the highest observation of the cost driver is 500 machine-hours with a cost of $2,500, while the lowest observation is 100 machine-hours with a cost of $700.

To find the constant under the high-low method, we first need to determine the variable cost per machine-hour.

Variable cost per machine-hour = (Highest cost - Lowest cost) / (Highest machine-hours - Lowest machine-hours) = ($2,500 - $700) / (500 - 100) = $1,800 / 400 = $4.50 per machine-hour.

Next, we can find the constant by using either the highest or lowest observation.

Let's use the lowest observation:

Constant = Total cost - (Variable cost per machine-hour * Machine-hours) = $700 - ($4.50 * 100) = $700 - $450 = $250.

Learn more about variable Cost at

https://brainly.com/question/27853679

#SPJ11

As a funds manager, you prefer Trader j's performance due to the higher utility value.

To determine whether trader i and j will buy the same asset, we need to compare the expected utility of each asset for each trader.

For trader i, the expected utility of asset 1 is:

EU(Asset 1) = √103 ≈ 10.15

For asset 2, the expected utility is:

EU(Asset 2) = 0.95√110 + 0.05√0 ≈ 10.29

Therefore, trader i will choose asset 2 because it has a higher expected utility.

For trader j, the expected utility of asset 1 is:

EU(Asset 1) = 1002 ≈ 10,000

For asset 2, the expected utility is:

EU(Asset 2) = 0.95(110)2 + 0.05(0)2 ≈ 10,450

Therefore, trader j will choose asset 2 because it has a higher expected utility.

If you are a funds manager with utility function u(x) = ln √ x, you prefer the trader who has the highest expected utility because that maximizes the overall utility of the investment. In this case, trader j has a higher expected utility for both assets, so you would prefer their performance.

To know more about utility click on below link:

https://brainly.com/question/29034022#

#SPJ11

Answer: Europe

Explanation: Europe makes companies making or importing chemicals prove their safety. In the U.S a business can request a safety check, but one isn't required.

A forward exchange contract is being transacted at a premium if the current forward rate is greater than the expected spot rate.

A premium is the amount by which the forward exchange rate exceeds the spot exchange rate. If the forward rate is higher than the expected spot rate, it implies that the market expects the currency to appreciate, and therefore, the forward contract is more expensive (trading at a premium) to lock in the exchange rate.

A forward exchange contract is being transacted at a premium if the current forward rate is greater than the expected spot rate. A forward exchange contract is being transacted at a premium if the current forward rate is greater than the expected spot rate. Therefore, the correct answer is greater than the expected spot rate.

Learn more about spot rate at:

brainly.com/question/15839068

#SPJ4

The risk-free interest rate is determined by the interest rate on U.S. government debt. It is equal to the interest rate on U.S. government debt.

The risk-free interest rate is the rate of return an investor can expect from an investment that has zero risk of default. The U.S. government is considered to be the safest borrower in the financial markets and has a near-zero probability of defaulting on its debt obligations. As a result, the interest rate on U.S. government debt, such as Treasury bills, notes, and bonds, is used as a proxy for the risk-free rate.

The U.S. Treasury sets the interest rates on its debt based on a variety of factors, including inflation, economic conditions, and demand for U.S. Treasury securities. Therefore, the risk-free rate is determined by market forces and is an important benchmark for pricing other investments and assessing the risk and return tradeoff of investments.

Learn more about interest rate at:

brainly.com/question/13324776

#SPJ4

This information is significant for the proceedings of the team's projects and decision-making processes, as in-group members typically receive more support, resources, and opportunities from their leader.

Carlos, the manager at a publishing house, leads the editorial team and is responsible for overseeing the work of his subordinates.

In this context, Pallavi is a member of Carlos' in-group, which indicates that they share a close working relationship and mutual trust.

As a result, Pallavi may have a stronger influence on the team's work and outcomes due to her in-group status with Carlos. Understanding these dynamics is crucial for fostering effective collaboration and communication within the team.

Learn more about team management at

https://brainly.com/question/10502294

#SPJ11

False. The marginal utility from an additional unit of a good is the additional satisfaction or utility that a consumer obtains from consuming one more unit of the good.

If the consumption of an extra unit of the good increases the total utility from consuming the good, then the marginal utility from the extra unit is positive.

Conversely, if the consumption of an extra unit of the good decreases the total utility from consuming the good, then the marginal utility from the extra unit is negative.

Thus, the marginal utility from an additional unit of a good is not necessarily positive when consumption of an extra unit of the good causes disutility.

Know more about consumption  here

https://brainly.com/question/14933604#

#SPJ11

Wallace's long-term debt and total liabilities in 2015 were $238,500 and $1,150,000, respectively. Wallace will need to issue $203,563 of new long-term debt in 2016 to meet its financing needs.

a) We know that total assets are proportional to sales, so we can calculate total assets for 2016 by multiplying the expected sales increase by the 2015 total assets: $2.17 million x 1.35 = $2.93 million.

We also know that accounts payable are proportional to sales, so we can calculate accounts payable for 2016 in the same way: $560,000 x 1.35 = $756,000. Using the accounting equation (Assets = Liabilities + Equity), we can calculate the total liabilities for 2015:

Total assets - Common stock - Retained earnings = Liabilities

Long-term debt 2015 = Total financing needs 2016 - New stock issue 2016

Long-term debt 2015 = ($2.93 million x 0.05) - $195,000 = $238,500

b) We know that the remainder of the financing needs in 2016 will be met by issuing new long-term debt, and we have already calculated the amount of new stock that will be issued ($195,000).

Therefore, we can use the AFN (additional funds needed) formula to calculate the amount of new long-term debt needed:[tex]AFN = (A*/S0)∆S - (L*/S0)∆S - MS1(RR)[/tex] where: A* = Total assets in 2016 S0 = Sales in 2015 ∆S = Expected increase in sales L* = Total liabilities in 2016 MS1 = Profit margin on sales

Plugging in the values:

AFN = ($2.93 million/$3.5 million) x 0.35 - ($756,000/$3.5 million) x 0.35 - 0.05 x (1 - 0.45) x $2.93 million

AFN = $398,563

New long-term debt = AFN - New stock issue

New long-term debt = $398,563 - $195,000 = $203,563

To know more about liabilities refer here:

https://brainly.com/question/18484315#

#SPJ11

a. Net income for the year just ended using the accrual basis of accounting is $52,900. b.  Hermani's net income for the year just ended using the cash basis of accounting is $20,200. c.  The net income amount computed using the accrual basis of accounting ($52,900) is in accordance with generally accepted accounting principles.

a. To compute Hermani's net income for the year using the accrual basis of accounting, we need to recognize all revenue earned and expenses incurred during the year regardless of when cash is received or paid.

Therefore, we need to include fees billed to clients for services rendered ($97,700) and recognize rent expense for the year just ended ($10,800) even though it was paid in advance.

We also need to recognize the utility expense incurred ($4,000) even though the bills were not yet paid, as well as the salary earned by the assistant ($30,000) even though it was not yet paid. Supplies purchased for cash and supplies used during the year are not relevant for the accrual basis of accounting.

Net Income = Fees Billed - Rent Expense - Utility Expense - Assistant Salary
Net Income = $97,700 - $10,800 - $4,000 - $30,000
Net Income = $52,900

b. To compute Hermani's net income for the year using the cash basis of accounting, we only recognize revenue when cash is received and expenses when cash is paid.

Therefore, we need to include cash received from clients ($85,000), cash paid for rent ($85,000 - $10,800 = $74,200), and utility bills paid ($3,300).

We also need to include the salary paid to the assistant ($27,000) since it was paid during the year. Supplies purchased for cash and supplies used during the year are not relevant for the cash basis of accounting.

Net Income = Cash Received - Cash Paid for Expenses
Net Income = $85,000 - $74,200 - $4,000 - $27,000
Net Income = -$20,200

c. The net income amount computed using the accrual basis of accounting ($52,900) is in accordance with generally accepted accounting principles (GAAP). This is because the accrual basis of accounting matches revenues and expenses to the period in which they are earned or incurred, providing a more accurate picture of a company's financial performance. The cash basis of accounting is not in accordance with GAAP as it does not recognize revenue and expenses in the period in which they are earned or incurred, but rather in the period in which cash is received or paid.

Learn more about GAAP here: https://brainly.com/question/28345482

#SPJ11

The correct answer is c. central. While earnings are important in financial statement analysis, an analysis of a company's cash flows is central to credit evaluations and lending decisions.

This is because cash flows reflect the actual cash that a company has on hand to pay its debts, and therefore provide a more accurate picture of its ability to meet financial obligations.  Cash flows provide a more accurate picture of a company's liquidity, solvency, and overall financial health, which are crucial factors for lenders to consider. While banking regulations may require a certain level of cash flow analysis, it is generally considered a fundamental aspect of financial statement analysis.

Thus, if a company's earnings are important in financial statement analysis, with respect to credit evaluations and lending decisions an analysis of its cash flows is c. Central.

To learn more about cash flow: https://brainly.com/question/735261

#SPJ11

The price of the 18-year STRIPS traded on April 30, 2020, with a yield to maturity of 4.8 percent, can be calculated using the Excel PV function

Calculate the price of the 18-year STRIPS that traded on April 30, 2020, and matures on May 1, 2032, with a yield to maturity of 4.8 percent.

Identify the information provided:- Time to maturity: 18 years, Yield to maturity (YTM): 4.8% ,Calculate the present value (price) of the STRIPS using Excel: Use the formula "=PV(rate, nper, pmt, fv)" in an Excel cell,Enter the YTM (rate) as "0.048" (convert the percentage to a decimal),

Enter the time to maturity (nper) as "18",Leave the "pmt" value blank or enter "0" (as there are no periodic payments for STRIPS), Enter the future value (fv) as "1" (assuming a face value of 1).Interpret the result: The Excel cell will display the present value (price) of the STRIPS.

The price of the 18-year STRIPS traded on April 30, 2020, with a yield to maturity of 4.8 percent, can be calculated using the Excel PV function as described above.

To know more about Excel PV, refer to the link:

https://brainly.com/question/30549285#

#SPJ11

To accumulate $250,000 in 35 years by making equal annual deposits at the end of each year, with a compound interest rate of 10%, the annual deposit needs to be $1,674.14.

To calculate the annual deposit, we can use the formula for the future value of an annuity:

[tex]FV = PMT \times [(1 + r)^n - 1] / r[/tex]

where FV is the future value, PMT is the payment, r is the interest rate, and n is the number of periods.

In this case, we know that FV = $250,000, r = 10%, and n = 35.

Substituting these values into the formula, we can solve for PMT:

$250,000 = PMT x [(1 + 10%)³⁵ - 1] / 10%

$250,000 = PMT x 137.80

PMT = $250,000 / 137.80

PMT = $1,811.60 (annual payment)

However, this solution assumes that the annual payment is made at the beginning of each year.

Since the problem states that the payment is made at the end of each year, we need to adjust the solution by calculating the present value of an annuity due, which is simply the future value of an ordinary annuity multiplied by (1 + r):

[tex]PV = PMT \times [(1 + r)^n - 1] / r \times (1 + r)[/tex]

Substituting the values we have, we get:

PV = $1,674.14 x [(1 + 10%)³⁵ - 1] / 10% x (1 + 10%)

PV = $1,674.14 x 65.44

PV = $109,491.49

Therefore, the amount of the annual deposits needed to accumulate $250,000 in 35 years is $1,674.14.

To know more about annual deposits, refer here:
https://brainly.com/question/30907511#
#SPJ11

The growth rate projected for Nishi Corporation's common stock is 2.09%.

The dividend growth rate can be calculated using the Gordon Growth Model:

P0 = D1 / (r - g)

where P0 is the current price of the stock, D1 is the dividend per share, r is the required rate of return, and g is the growth rate of dividends.

Rearranging the formula to solve for g, we get:

g = r - (D1 / P0)

Substituting the given values, we get:

g = 10.89% - ($0.79 / $15.62) = 2.09%

Therefore, the growth rate projected for Nishi Corporation's common stock is 2.09%.

Excel screenshot is attached.

For more questions like Rate click the link below:

https://brainly.com/question/14731228

#SPJ11

(a) Variables: Independent Variables: Sales, Media Advertising, Price Dependent Variable: Use of Displays

(b) Price Elasticity = -2.841 Price Elasticity = (Change in Quantity Demanded / Change in Price) * (Price / Quantity Demanded)

= (-2.841) * (2.50 / 500) = -0.1136

(c) The price elasticity calculated from the regression analysis should not be entirely trusted for two reasons. First, the sample size of 15 weeks may not be large enough to provide an accurate representation of the overall demand for the shampoo.

Second, the use of displays as the dependent variable may not accurately reflect the demand for the shampoo, as displays may have been placed in stores based on other factors. Thus, the calculated price elasticity may not be an accurate representation of the true demand for the shampoo.

Know more about Price Elasticity here

https://brainly.com/question/13565779#

#SPJ11

A firm providing goods and services can gain a competitive advantage in the following situations:

A firm can gain a competitive advantage if their offerings provide more value for consumers or if they can produce similar quality goods and services at lower costs than competitors. By offering better quality or lower prices, the firm can attract more customers and increase their market share. This can result in higher profits and a stronger position in the market.

However, if their offerings cost more to produce or are similar to competitors' offerings at higher prices, it may not lead to a competitive advantage.

Options A and B are answers.

You can learn more about competitive advantage at

https://brainly.com/question/26514848

#SPJ11

The use of financial incentives to improve productivity is most closely related to the reinforcement theory of motivation. This theory suggests that behavior can be strengthened or weakened by the consequences that follow it. In this case, the financial incentive is the consequence that is intended to strengthen the desired behavior of improved productivity.

Reinforcement theory was first recognized in the work of psychologist Ivan Pavlov (behavioral conditioning) and B. F. Skinner (operant conditioning).

Reinforcement theory says that behavior is driven by its consequences. As such, positive behaviors should be rewarded positively. Negative behaviors should not be rewarded or should be punished.

The difficulty in employing this theory is that it is not always easy to determine what types of behavior should be rewarded.

To know  more about behaviour

https://brainly.com/question/27683109

#SPJ11

The annual interest rate implicit in this agreement is approximately 10%

the yearly interest price implicit in this agreement may be calculated using the present cost formula for an annuity:

present cost = charge x [(1 - (1 + r)^-n) / r]

wherein:

payment = $1,000

r = annual interest rate

n = wide variety of payments = 5

for the reason that Shirley borrowed $3,605 and will repay in 5 same payments, the prevailing price of the annuity is $3,605. therefore, we are able to set up the equation as:

$3,605 = $1,000 x [(1 - (1 + r)^-5) / r]

solving for r, we get:

r = 10.33%

Therefore, the once a year interest charge implicit on this settlement is about 10%

Learn more about Present value:-

https://brainly.com/question/30390056

#SPJ4

The risk that the procedures performed by the auditor to reduce audit risk to an acceptably low level will not detect a misstatement that exists is known as detection risk.

Detection risk is an inherent risk that cannot be eliminated completely, but it can be reduced through the use of effective audit procedures. It is the risk that arises from the possibility that the procedures that an auditor has put in place to reduce audit risk may not be effective in detecting a material misstatement in the financial statements.

In order to reduce detection risk, auditors will use a combination of substantive procedures and tests of controls. Substantive procedures involve obtaining evidence to confirm the existence, completeness, accuracy, and valuation of the information contained in the financial statements.

It is important to note that detection risk can never be completely eliminated, and it is the responsibility of the auditor to use their professional judgment to determine an acceptable level of detection risk.

Additionally, auditors must remain vigilant and alert to any red flags or indications of potential misstatements, as well as continually reassessing the risks associated with their audit procedures throughout the audit engagement.

To know more about detection risk refer here

https://brainly.com/question/28539862#

#SPJ11

If the U.S. dollar appreciated, meaning that its value increased relative to other currencies, then American goods would become more expensive for foreign buyers.

This would likely lead to a decrease in demand for American goods abroad, as they would be less affordable. Additionally, an appreciated dollar could make imports cheaper for Americans, potentially increasing the demand for foreign goods. Overall, an appreciation of the U.S. dollar could negatively impact American exports and potentially lead to a trade deficit.

Learn More about U.S. dollar here :-

https://brainly.com/question/31214246

#SPJ11

Effective social media marketing requires engaging fans by listening to fans, being authentic, and learning from fans.

By actively listening to what your fans have to say, you can better understand their needs and preferences, and tailor your content to meet those needs. Being authentic helps build trust and credibility with your audience, and shows that you are genuinely interested in their opinions and feedback. Learning from your fans allows you to continually improve your social media strategy, and stay ahead of the curve when it comes to emerging trends and best practices. Overall, engaging your fans through these key practices is essential for success in social media marketing.

Learn more about social media marketing- https://brainly.com/question/4241587

#SPJ11

An employer can access stored e-mail communications of employees using the employer's service. This is granted by the Electronic Communications Privacy Act (ECPA). The ECPA allows employers to monitor their employees' electronic communications if they have a legitimate business reason to do so.

This includes monitoring emails sent and received through company email accounts or using company-provided devices. However, employers must still follow certain guidelines, such as notifying employees of monitoring policies and avoiding unreasonable intrusions on privacy.

It is important for both employers and employees to be aware of their rights and responsibilities when it comes to electronic communications in the workplace.

To know more about Communications , refer to the link:

https://brainly.com/question/22558440#

#SPJ11

Assigning control of IT budgets to user departments can be an effective mechanism to establish IT priorities. This approach ensures that departments have ownership of their IT spending, which helps to ensure that IT resources are allocated in line with departmental objectives.

By giving departments control over their IT budgets, they are more likely to prioritize investments that will benefit their specific business needs. This can result in better alignment between IT and business strategies, which can lead to improved organizational performance.

Moreover, assigning control of IT budgets to user departments can also lead to greater accountability for IT spending. Departments are more likely to carefully consider their IT spending decisions when they have to justify them to management. This can result in better decision-making and improved overall performance.

However, it's important to note that assigning control of IT budgets to user departments should be done in conjunction with a centralized IT governance framework. This framework should establish clear guidelines for IT spending and provide oversight to ensure that departmental decisions align with organizational objectives.

In summary, assigning control of IT budgets to user departments can be an effective mechanism to establish IT priorities, but it should be done in conjunction with a centralized IT governance framework to ensure alignment with organizational objectives and effective use of resources.

To know more about assigning refer home

https://brainly.com/question/29585963#

#SPJ11

The aggregate demand curve shifts left if speculators lose confidence in US assets or foreign countries enter into a recession. Thus the correct option is C.

The link between the general level of prices and the total amount of production requested in an economy is represented by the aggregate demand curve. Reduced overall production requested is indicated by a movement to the left. This transition may take place if investors lose faith in US assets or if foreign economies go through a recession, which would reduce demand for US commodities abroad.

These elements are accurately identified in Option C as the reasons for the aggregate demand curve's leftward shift. The other possibilities, on the other hand, point out elements that might cause the curve to move to the right.

Learn more about demand:

https://brainly.com/question/30703626

#SPJ4

C. speculators lose confidence in U.S. assets or foreign countries enter into a recession. so correct answer c.

The aggregate demand curve represents the total demand for goods and services in an economy at different price levels. A shift to the left indicates a decrease in demand, which can occur if there is a decrease in consumer confidence, investment, or government spending. In this case, the shift to the left is caused by a decrease in consumer confidence due to speculators losing confidence in U.S. assets or foreign countries entering into a recession. When speculators lose confidence in U.S. assets, they may shift their investments elsewhere, reducing the demand for goods and services in the U.S. economy. Similarly, if foreign countries enter into a recession, they may reduce their demand for U.S. goods and services, causing a decrease in aggregate demand. Conversely, a shift to the right would occur if there was an increase in consumer confidence, investment, or government spending.

learn more about speculators lose here:

https://brainly.com/question/31540951

#SPJ11