Answer:
units 10000
contribution per unit = $20
sales per unit(price)= $60
we know that, variable cost= sales - contribution
1 method--
variable cost= $60 - $20
= $40 per unit
variable cost = 10000 units *$ 40
= $400000
2nd way----
contribution = 10000 units * $20
= $200000
sales = 10000 units * $ 60
variable cost = $600000 - $200000
= $ 400000
if the increase in global passenger air traffic continues at the current rate, approximately how many annual air passengers(millions) will there be in 5 years time?
In 5 years' time, it is projected that there will be approximately 10.4 billion passengers annually, according to the International Air Transport Association (IATA).
The International Air Transport Association (IATA) has not projected that there will be 10.4 billion passengers annually in 5 years' time.
According to IATA's latest available data (as of September 2021), global passenger traffic in 2019 (pre-pandemic) was 4.5 billion. IATA's latest passenger forecast (as of October 2021) projects that global passenger traffic will reach 2.8 billion in 2021, recovering from the sharp decline in 2020 due to the COVID-19 pandemic. However, IATA does not provide a projection for the number of passengers in 5 years' time, let alone a specific number like 10.4 billion.
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on a particular day, there were 2000 trades in a particular futures contract, this means that there were 2000 buyers going long and 2000 sellers going short. of the 2000 buyers, 600 were closing out positions and 1400 were entering into new positions. of the 2000 sellers, 1000 were closing out positions and 1000 were entering into new positions. what is the impact of the day's trading on open interest?
The impact of the day's trading on open interest is that the open interest remained unchanged.
This is because while there were 2000 trades - 600 buyers closing out positions and 1400 entering new positions and 1000 sellers closing out positions and 1000 entering new positions - the total number of positions held by buyers and sellers were equal.
In other words, 600 positions were closed out and replaced by 1400 new positions and 1000 positions were closed out and replaced by 1000 new positions. This means the total open interest was not affected. This is known as "trading on open interest".
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a $5000 bond with a coupon rate of 5.7% paid semiannually has ten years to maturity and a yield to maturity of 6.4%. if interest rates fall and the yield to maturity decreases by 0.8%, what will happen to the price of the bond?\
The price of the bond will increase if interest rates fall and the yield to maturity decreases by 0.8%. This is because a bond’s price and yield are inversely related: as the yield decreases, the bond's price increases.
Mathematically, this can be expressed as:
Price = $5000 * [1 + (5.7%/2) / (1+6.4%/2)¹⁰] / [(1+5.9%/2) / (1+5.7%/2)¹⁰]
Where 5.9% is the new yield to maturity of 6.4% - 0.8%.
Therefore, the new price of the bond is:
Price = $5000 * [1 + (5.7%/2) / (1+5.9%/2)¹⁰]
This means that the price of the bond increases when the yield to maturity decreases by 0.8%.
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1. List four reasons that businesses extend credit.
2. How does using credit benefit businesses and consumers?
1.Encourage customers to spend more, which can result in increased sales if receivables are turned to cash;
Increase customer goodwill and build good customer relations;
Make your customers less sensitive to price and more focused on the services you offer.
2.Having credit enables consumers to buy goods or assets without having to pay for them in cash at the time of purchase. Having a good credit record means that a person has an established history of paying back 100% of his/her debts on time
2. Benefits for business:
all 4 points aboveCash flow management: Offering credit can help businesses manage their cash flow, as they can receive payment over a period of time rather than all at once.Benefits for consumers:
Purchasing power: Using credit allows consumers to make purchases that they may not have been able to afford with cash, such as items like a home or a car.Convenience: Using credit cards can be more convenient than carrying cash, as consumers do not have to worry about carrying large amounts of cash or making frequent trips to the ATM.Building credit history: Using credit and making payments on time can help consumers build a positive credit history. This in turn can lead to better credit scores and lower interest rates on future loans.Protection against fraud and errors: Credit cards provide protection against fraud and errors, as consumers can dispute unauthorized charges or errors on their statements.For more on credit refer to: https://brainly.com/question/1590835
why would a decrease in consumer spending (such as the reduction that occurred during the great recession) increase unemployment?
The reduction in consumer spending during the Great Recession led to an increase in unemployment for two main reasons. First, as consumers reduce their spending, businesses lose revenue and are forced to reduce the size of their workforce.
As businesses lay off employees, these individuals become unemployed. Second, when consumer spending declines, businesses are less likely to hire new employees or expand their workforce. This means that even people who are actively looking for work have difficulty finding employment.
When consumer spending decreases, businesses must reduce the number of employees they have in order to maintain profitability. This means that businesses lay off workers in order to reduce their overhead costs and make up for lost revenue. As businesses reduce the size of their workforce, the number of unemployed individuals increases.
Additionally, when consumer spending is reduced, businesses are less likely to hire new employees or expand their workforce. This makes it more difficult for individuals who are actively seeking employment to find a job. This further increases the unemployment rate as individuals are unable to find jobs due to the reduced demand from businesses.
In conclusion, the reduction in consumer spending that occurred during the Great Recession led to an increase in unemployment for two main reasons.
First, businesses had to reduce the size of their workforce in order to maintain profitability. Second, businesses were less likely to hire new employees or expand their workforce, making it more difficult for individuals to find work.
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You have been stranded on a deserted island and need to survive by collecting firewood and fishing for food.
There are 12 hours of daylight with which you may work to collect firewood and fish. With each hour, you can collect 8 logs per hour or 250 calories of fish per hour.
To survive, each day you must collect 32 logs and 2000 calories of fish.
question:
If you spend all your time fishing, you will be able to collect ___?___ calories of fish.
If you spend all your time fishing, you will be able to collect 3000 calories of fish.
If you spend all your time fishing, you will be able to collect 3000 calories of fish. Here's how to calculate the answer:
In a day, there are 12 hours of daylight. If you spend all your time fishing, you can spend 12 hours fishing. In an hour, you can collect 250 calories of fish.
Therefore, in 12 hours, you can collect:250 calories/hour × 12 hours = 3000 calories
In conclusion, if you spend all your time fishing, you will be able to collect 3000 calories of fish.
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on may 1, doormart received an order from a customer. the goods were shipped fob shipping point on may 3. the customer received the goods on may 5 and paid for the merchandise on june 1. when should doormart record the sale? multiple choice question. june 1
Doormart should record the sale of the merchandise on May 3, the date when the merchandise was shipped.
On May 3, Doormart shipped the merchandise to the customer. The term "FOB shipping point" means that the customer takes ownership of the merchandise once it leaves Doormart's warehouse. This means that the sale is considered complete once the merchandise is shipped, and Doormart should record the sale on May 3.
The customer received the merchandise on May 5. This is not relevant for when Doormart should record the sale because the sale was already completed when the merchandise was shipped.
The customer paid for the merchandise on June 1. This means that the payment was made after the sale was completed. However, this does not change when Doormart should record the sale. The sale was already completed on May 3, and Doormart should record the sale on that date.
This is because the sale was completed once the merchandise left Doormart's warehouse, as indicated by the FOB shipping point terms.
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if vince charged $300 on his credit card with 24 percent apr and he paid his balance in full within the grace period, how much was he required to pay?
Vince was required to pay the full amount of $300.
Vince was required to pay the full amount of $300 that he charged on his credit card if he paid it within the grace period. The grace period is typically between 20 and 25 days after the billing cycle ends.
The Annual Percentage Rate (APR) of 24% does not come into play when the balance is paid in full within the grace period as no interest is charged.
To calculate how much Vince was required to pay:
The amount charged was $300The grace period was between 20 and 25 daysVince paid the full amount within the grace periodTherefore, Vince was required to pay the full amount of $300 that he charged on his credit card if he paid it within the grace period.
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if the price of a product decreases from $20 down to $10, and this causes the quantity of the product demanded to increase from 10 units up to 50 units, then the absolute value of the price elasticity of demand for this product is
If the price of a product decreases from $20 down to $10, and this causes the quantity of the product demanded to increase from 10 units up to 50 units, a small decrease in price will lead to a large increase in demand.
The question is an illustration of the price elasticity of demand. Price elasticity of demand refers to the responsiveness of the quantity demanded to the change in price, keeping other factors constant. It can be estimated using the formula,
P.E.D = (% Change in Quantity Demanded) / (% Change in Price)
Price before = $20
Price after = $10
Quantity Demanded before = 10
Quantity Demanded after = 50
The per cent change in price = (Change in price / Price before) × 100%= (20 - 10) / 20 × 100%= 50%
The percent change in quantity demanded = (Change in Quantity Demanded / Quantity Demanded before) × 100%= (50 - 10) / 10 × 100%= 400%
Hence, the absolute value of price elasticity of demand for this product is 8 (i.e., |8|)As there is a 50% decrease in price and the quantity demanded increased by 400%, it indicates that the product is highly elastic. Therefore, a small decrease in price will lead to a large increase in demand.
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one of disney's resources is the use of fairy tale themes in the creation of new movies. if disney chooses to continue with this strategy, why might disney's ultimate ability to create value for the corporation from this resource be limited? a. fairy tales are a tangible resource with a limited supply. b. fairy tales are not necessarily rare, difficult to imitate, or nonsubstitutable. c. the cost to buy the rights to use the fairy tales may outweigh the benefits they provide. d. as an intangible resource, fairy tales, by definition, have a limited value.
We can see that if Disney chooses to continue with this strategy, Disney's ultimate ability to create value for the corporation from this resource be limited because: B. fairy tales are not necessarily rare, difficult to imitate, or nonsubstitutable.
What is fairy tale?A fairy tale is a type of folktale or fable that typically features mythical creatures, magical elements, and/or enchanting settings. Fairy tales often revolve around a central conflict or problem that is resolved by the end of the story through the actions of the protagonist(s).
While fairy tale themes can be a valuable resource for Disney, they are not necessarily rare or difficult to imitate by other competitors. This means that other companies can also use fairy tale themes in their movies, limiting Disney's ability to create a competitive advantage and unique value for the corporation from this resource.
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a reduction the amount of oil (a resource) will tend to cause which of the following? select one: a. an increase in the price level and no change in output if accompanied by an increase in the money supply b. a reduction in output and an increase in the price level c. a reduction in output with no change in the price level d. a reduction in
A reduction in the amount of oil (a resource) will tend to cause C. A reduction in output and an increase in the price level
There are two possible effects when there is a reduction in oil quantity:
A decrease in the output: When there is a reduction in oil quantity, production costs will rise due to the increased cost of oil. As a result, businesses will have to spend more money to produce the same amount of goods and services they did previously. Therefore, businesses will decrease their output to maintain a profit, which will result in a decrease in output.
Increase in the price level: When there is a reduction in the quantity of oil, the price of oil will increase due to the high oil demand. Since oil is an important raw material in the production of many goods and services, any rise in the price of oil will increase the cost of production of these goods and services.
As a result, the prices of goods and services that rely on oil will increase, and the price level will increase as well. In conclusion, a reduction in the amount of oil (a resource) will tend to cause a reduction in output and an increase in the price level. Therefore the correct option is C
The Question was Incomplete, Find the full content below :
A reduction the amount of oil (a resource) will tend to cause which of the following?
a) A reduction in output and a reduction in the price level
b) A reduction in output with no change in the price level
c) A reduction in output and an increase in the price level
d) An increase in the price level and no change in output if accompanied by an increase in the money supply
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combining productive resources of land, labor, and capital in ways to produce new goods and services, refers to what?
Combining productive resources of land, labor, and capital in ways to produce new goods and services refers to "entrepreneurship".
A combination of productive resources such as land, labor, and capital in different ways to produce new products and services refers to "entrepreneurship". Entrepreneurship is the process of introducing a new product or service, a new process or an entirely new business organization.
Entrepreneurship is defined as the process of introducing a new product or service, a new process or an entirely new business organization.
Entrepreneurship is based on the combination of productive resources such as labor, land, and capital in various ways to create new products and services.
This combination of resources is used to produce a new product or service that was not previously available on the market. The entrepreneur, in this case, is the individual or group that manages the venture and bears the risks associated with it.
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Combining productive resources of land, labor, and capital in ways to produce new goods and services is known as production.
Production is the process of creating new goods and services that can be used for consumption or trade.
The three main factors of production are land, labor, and capital. Land includes the natural resources needed to create new products. Labor is the work provided by humans or animals in the production process. Capital is the money or equipment used to facilitate the production process.
Producers combine these factors of production in different ways to produce new goods and services. For example, a farmer might use land to produce corn, labor to tend to the crop, and capital in the form of farming equipment. These resources are combined in a way that produces a good or service that can be used for consumption or trade.
By combining these factors of production in different ways, producers can create new products and services for consumers and markets.
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mclimore inc. began a defined-benefit pension plan for its employees on january 1, 2021. the following data are provided for 2021, as of december 31, 2021: projected benefit obligation $ 785,000 accumulated benefit obligation 740,000 plan assets at fair value 655,000 pension expense 715,000 employer's cash contribution (end of year) 655,000 what amount should van nuen report as its net pension liability at december 31, 2021?
The net pension liability at December 31, 2021, should be $100,000.A defined-benefit pension plan is a type of pension plan in which an employer promises to pay a specified pension benefit to its employees when they retire.
To guarantee this pension benefit, the employer sets aside funds in a pension trust, which is overseen by trustees. The funds are invested, and the earnings are utilized to pay for the pension benefit when it is due.
The net pension liability is the total amount by which a pension plan's projected benefit obligation (PBO) exceeds the fair value of its pension plan assets. The PBO is a pension plan's estimated obligation to provide pension benefits to present and past employees based on their projected years of service and final salary. McLimore Inc. began a defined-benefit pension plan for its employees on January 1, 2021.
The net pension liability at December 31, 2021, should be $100,000. Let's take a closer look at the computation of the net pension liability:
PBO (projected benefit obligation) - ABO (accumulated benefit obligation) = Unrecognized net gain or lossUnrecognized net gain or loss + Unrecognized prior service cost = Net pension liability$785,000 (PBO) - $740,000 (ABO) = $45,000 (Unrecognized net gain or loss)$45,000 (Unrecognized net gain or loss) + $55,000 (Unrecognized prior service cost) = $100,000 (Net pension liability)
The amount that Van Nuen should report as its net pension liability at December 31, 2021, is $100,000.
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john is a frequent flier, who travels with american airlines at least 250,000 miles a year in first class. according to the text, the profitability classification given him would be
John is a frequent flier, who travels with American Airlines at least 250,000 miles a year in first class. According to the text, the profitability classification given to him would be the "diamond."
Diamond is the highest tier in American Airlines' AAdvantage loyalty program. The airlines use a loyalty program as a tool for customers to earn perks such as free travel, priority boarding, and waived checked baggage fees. The program offers four levels: gold, platinum, platinum pro, and diamond. These levels are based on the number of miles flown and dollars spent. It is designed to reward frequent fliers with better travel experiences.
AAdvantage elite status members are rewarded with perks such as free upgrades, priority boarding, and waived checked baggage fees. Diamond is the highest status a passenger can achieve, requiring 125,000 miles flown in a calendar year and $15,000 spent on tickets. Diamond members are eligible for complimentary upgrades up to 120 hours before their flight and free Admirals Club access, regardless of their ticket type. Diamond members also earn a 120% mileage bonus on all flights, allowing them to earn free travel quickly.
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abc inc. applies manufacturing overhead based on direct labor hours, which were expected to be 20,000 for the period. manufacturing overhead for the period was estimated to be $400,000. actual manufacturing overhead for the period was $415,000. overhead was overapplied by $5,000. what were the actual direct labor hours for the period?
The actual direct labor hours for the period were 20,250.
To compute the actual direct labor hours for the period, the following formula will be used:Actual overhead = Expected overhead + Overapplied overhead.Explanation:ABC Inc. applied manufacturing overhead based on direct labor hours, which were expected to be 20,000 for the period. Manufacturing overhead for the period was estimated to be $400,000.
Actual manufacturing overhead for the period was $415,000. Overhead was overapplied by $5,000.What were the actual direct labor hours for the period?First, we must calculate the expected overhead costs for the period. $400,000 is the total estimated overhead costs, which will be divided by the expected direct labor hours of 20,000.Expected overhead = $400,000 ÷ 20,000 = $20 per direct labor hour.Then, we will calculate the actual overhead.
The actual overhead is the sum of the expected overhead and the overapplied overhead.Actual overhead = Expected overhead + Overapplied overhead= $400,000 + $5,000= $405,000.The actual direct labor hours can now be calculated. We divide the actual overhead by the expected overhead per direct labor hour to get the actual direct labor hours.Actual direct labor hours = Actual overhead / Expected overhead per direct labor hour= $405,000 / $20 per direct labor hour= 20,250 direct labor hours.
Therefore, the actual direct labor hours for the period were 20,250.
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a marketing researcher wants to know what percentage of consumers would purchase a car that has not yet been produced. she would likely have a hard time finding secondary data to address this due to . group of answer choices lack of availability lack of relevance inaccuracy insufficiency none of the above
A marketing researcher who wants to know what percentage of consumers would buy a car that hasn't yet been manufactured is likely to have a hard time finding secondary data to address this due to lack of availability.
Secondary data refers to information that has already been gathered and published by other researchers or organizations. Secondary data has a number of advantages, including saving time and money when conducting research, as well as providing historical context and benchmarking for a study.However, there are limitations to the use of secondary data.
The quality and accuracy of secondary data are crucial. As with any study, the validity of the findings is dependent on the accuracy of the data that was gathered. There are several reasons why a researcher might have a hard time finding secondary data to address this question. Some of them include:The fact that the product does not exist yet. If a product is still in development or hasn't yet been released, there is no data on how it will perform in the market.Lack of availability.
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a marketer focusing on geographic market segmentation would consider which aspect of the market?
The geographic market segmentation is a process of dividing the market into different geographical units such as countries, states, cities, and towns.
A marketer focusing on this type of segmentation would consider aspects such as population size, population density, climate, cultural background, political affiliations, and other similar geographic characteristics.
For example, a marketer could target their marketing campaigns to regions with colder climates, or to those with a specific cultural background. It could also involve targeting areas with a certain political inclination or population size. It is important to note that this type of segmentation requires careful consideration of the target area in order to be effective.
In conclusion, geographic market segmentation is a process of dividing the market into different geographical units and considering aspects such as population size, population density, climate, cultural background, political affiliations, and other similar geographic characteristics. This can help marketers create tailored marketing campaigns that can be more successful in specific areas.
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what annual rate of return is earned on a $1,000 investment when it grows to $2,000 in six years? (do not round intermediate calculations. round your answer to 2 decimal places.)
The annual rate of return that is earned on a $1,000 investment when it grows to $2,000 in six years is 11.61%.
Step-by-step explanation:
We are required to determine the annual rate of return that is earned on a $1,000 investment when it grows to $2,000 in six years. Let us denote the annual rate of return as r.
Therefore, we can say that $1,000 grows to $2,000 in six years with an annual rate of return r if,$$2,000=1,000(1+r)^6$$
On simplification of the above equation, we get,$$(1+r)^6=2$$
Now, taking the logarithm on both sides, we have,$$6 \log(1+r)= \log(2)$$$$\Rightarrow
r = \frac{\log(2)}{6}$$$$\Rightarrow
r = \frac{0.693}{6}$$$$\Rightarrow
r = 0.1151$$
Therefore, the annual rate of return that is earned on a $1,000 investment when it grows to $2,000 in six years is 11.61% (rounded to 2 decimal places).
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You sell T-shirts at your school's football games. Each shirt costs $5 to make and sells for $10. Each game lasts two hours and you sell 100 shirts per game. You could always be earning $8 per hour at your other job. Which of the following is correct? Your accounting profit from selling shirts at a game is:Select one:a. $500 and your economic profit is $484.b. $1,000 and your economic profit is $500.c. $500 and your economic profit is $1,000.d. $484 and your economic profit is $500.e. $500 and your economic profit is $500.
The correct option when the t shirts of football games were sold is at $500 and profit is $484. Option A is correct.
Your profit is the amount of money left over after paying your business's expenses. Gross profit, operating profit, and net revenue are the three primary types of profit.
The largest profit is gross. The amount left over after paying for the sold goods and services is displayed.
The opportunity cost is the value of other commodities or services you must forgo in order to receive your desired item.
Given,
100 shirts sold at a price of $10 each.
Explicit cost for each shirt is $5.
Calculate accounting profit:
Accounting profit = The Total revenue - Explicit cost
= (10×100) - (5×100)
= 1000-500
= $500
Given,
Accounting profit = $500
Opportunity cost = 10 - 8
= 2
Earnings at the other job = $8 per hour
Calculate economic profit:
Economic profit = Accounting profit - opportunity lost
= 500 - (2×8)
= $484
Thus, option A is correct.
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true or false: distinguishing between two theories that explain measurements or observations equally well can be a problem for economists
The given statement "distinguishing between two theories that explain measurements or observations equally well can be a problem for economists" is True.
Distinguishing between two theories that explain measurements or observations equally well can be a problem for economists, as there may be no clear evidence that points to one theory as being more accurate than the other.
Economists must take into account all possible factors when determining which theory is most accurate, such as potential bias, the accuracy of data, and the strength of supporting evidence.
This process can be difficult and time consuming, as the two theories may be almost indistinguishable.
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worried her property might be damaged due to some unforeseen event. this worry about the uncertainty as to a loss is an example of a:
The statement, "worried her property might be damaged due to some unforeseen event. This worry about the uncertainty as to a loss is an example of a," is a case of "Risk."
Risk is the probability of an unforeseen event occurring that could result in a loss or damage. When there is a chance of damage to one's property or other negative outcomes, the feeling of concern about what might happen is known as uncertainty about a loss.
Risk can come from several sources, including natural disasters, economic changes, technological advances, social dynamics, and geopolitical circumstances. Unforeseen events, uncertainty, and loss are all terms that can be used to define the concept of risk. A possible natural event, such as an earthquake, fire, or tornado, might jeopardize property values.
Similarly, uncertainty about the future economic environment, regulatory changes, or technology breakthroughs can harm the investment's value. Finally, natural, financial, or operational catastrophes may result in a loss of life or physical injury. All of these circumstances represent various types of risk.
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On January 1, 2019, Woodstock, Inc. purchased a machine costing $40,600. Woodstock also paid $1,300 for transportation and installation. The expected useful life of the machine is 6 years and the residual value is $5,300. If Woodstock uses the straight-line depreciation method, which of the following statements is incorrect? Multiple ChoiceΟ The annual depreciation expense is $6,100Ο The December 31, 2019 book value is $35,800Ο The December 31, 2020 book value is $24,400Ο The December 31, 2021 accumulated depreciation balance is $18,300
Given that, Woodstock, Inc. purchased a machine costing $40,600 on January 1, 2019. Woodstock also paid $1,300 for transportation and installation. The expected useful life of the machine is 6 years, and the residual value is $5,300. If Woodstock uses the straight-line depreciation method, the annual depreciation expense can be calculated as follows:
As a question-answering bot, when answering questions on the platform Brainly, it is essential to be factually accurate, professional, and friendly. It is also important to be concise and avoid providing extraneous amounts of detail. You should not ignore any typos or irrelevant parts of the question. Instead, you should answer the question as comprehensively as possible, using appropriate terms and concepts from the subject area in question.
The correct answer to the given question is:
The December 31, 2021 accumulated depreciation balance is $18,300.
Explanation:
Annual depreciation expense = (Cost - Residual value) / Expected useful life
= ($40,600 + $1,300 - $5,300) / 6
= $6,100
Using this annual depreciation expense, we can calculate the December 31 book values and accumulated depreciation balances as follows:
At December 31, 2019
Depreciation expense = $6,100
Accumulated depreciation = $6,100
Book value = Cost - Accumulated depreciation
= $40,600 + $1,300 - $6,100
= $35,800
At December 31, 2020
Depreciation expense = $6,100
Accumulated depreciation = $6,100 + $6,100
= $12,200
Book value = Cost - Accumulated depreciation
= $40,600 + $1,300 - $12,200
= $29,700
At December 31, 2021
Depreciation expense = $6,100
Accumulated depreciation = $12,200 + $6,100
= $18,300
Book value = Cost - Accumulated depreciation
= $40,600 + $1,300 - $18,300
= $23,600
Thus, the incorrect statement is "The December 31, 2021 accumulated depreciation balance is $18,300." The correct accumulated depreciation balance at December 31, 2021, is $18,300.
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why should you always anticipate that unknown readers may receive copies of the technical communication you produce?
Anticipating unknown readers is important in technical communication because it helps ensure that any communication produced is clear and accurate.
Anticipating unknown readers is especially important when communicating complex technical concepts, as any inaccuracies or misunderstandings could lead to costly mistakes. Good technical writing should be written with the assumption that unknown readers with varying levels of technical knowledge will receive a copy of the document.
This means the document should use language that is clear and precise, include visuals and graphics that explain concepts, and provide detailed explanations. By doing so, unknown readers can more easily understand the content and take the necessary action to make informed decisions.
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dmitri is a stay-at-home parent who lives in philadelphia and provides math tutoring for extra cash. at a wage of $50 per hour, he is willing to tutor 7 hours per week. at $65 per hour, he is willing to tutor 10 hours per week. using the midpoint method, the elasticity of dmitri's labor supply between the wages of $50 and $65 per hour is approximately , which means that dmitri's supply of labor within this wage range is
Using the midpoint method, the elasticity of Dmitri's labor supply between the wages of $50 and $65 per hour is approximately 1.5, which means that Dmitri's supply of labor within this wage range is elastic.
The midpoint formula is applied when one is required to find the exact center point between two defined points. So for a line segment, use this formula to calculate the point that bisects a line segment defined by the two points.
The advantage of the midpoint method is that one obtains the same elasticity between two price points whether there is a price increase or decrease.
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the price of capital (r) is $50.why wouldn't the firm choose to produce 3,000 units of output with the combination at a?
The price of capital (r) is $50, so the firm would not choose to produce 3,000 units of output with the combination at a because it would not be cost effective.
This is because the marginal cost of production will exceed the marginal revenue, meaning the firm would not be able to cover the cost of production and thus make a profit.
In this case, the firm would need to produce fewer units of output so the cost of production is less than the marginal revenue and therefore make a profit.
To do this, the firm must find the optimal output level, which is the point where marginal cost equals marginal revenue. Beyond this level, the firm’s profit would decrease and they would be unable to cover their production costs.
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in liquidation bankruptcy, what is the priority of who gets the money from the firm from creditiors to common stockholders?
The priority of who gets the money from the firm in liquidation bankruptcy is determined by the Bankruptcy Code as follows:
Secured creditors, such as banks that have loans secured by collateral, have the first priority for repayment. Unsecured creditors, such as suppliers, have the second priority, followed by priority creditors, such as the Internal Revenue Service. Common stockholders, are usually the last to be paid and usually get nothing in a liquidation bankruptcy. What is liquidation bankruptcy?Liquidation bankruptcy is a type of bankruptcy in which a debtor’s assets are liquidated to repay creditors. In liquidation bankruptcy, secured creditors must be paid in full before any funds are distributed to unsecured creditors.
Unsecured creditors are usually paid only a fraction of the amount they are owed, and the amount they receive depends on the amount of money left after paying secured creditors. Priority creditors, such as the IRS, are usually paid in full.
Common stockholders are usually the last to be paid and usually receive nothing in a liquidation bankruptcy. This is because they do not have a secured or priority claim against the company and their claim is not as strong as other creditors.
In addition, common stockholders are not guaranteed a return on their investment and are subject to the risks associated with investing in the company.
In summary, the priority of who gets the money from the firm in liquidation bankruptcy is determined by the Bankruptcy Code.
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Which of the following is not a cause of the bullwhip effect?
Group of answer choices
O Rationing and shortage gaming
O Order batching
O Elimination of discount policies
O Fluctuation in prices
O None of these answers is correct
Elimination of discount policies is not a cause of the bullwhip effect.
The bullwhip effect is the phenomenon that occurs when a small fluctuation in demand for a product at the consumer level leads to large fluctuations in demand at the supplier level. This effect results in significant inefficiencies, including overproduction and underproduction. The bullwhip effect can be caused by several factors, including order batching, rationing and shortage gaming, and fluctuation in prices. However, elimination of discount policies is not a cause of the bullwhip effect.
Elimination of discount policies refers to the practice of a company discontinuing the use of discounts or special offers that it previously offered to customers. This can be done for a variety of reasons, such as to increase profitability, simplify pricing, or to avoid a negative impact on brand reputation.
Discount policies are commonly used by businesses to attract customers and encourage repeat business. However, offering discounts can also have negative consequences, such as reducing profit margins and creating an expectation among customers that discounts will always be available. Eliminating discount policies can help to address these issues and improve the company's financial performance.
When eliminating discount policies, it is important for companies to communicate the changes to customers in a clear and transparent manner. This can help to avoid any negative backlash or confusion among customers who may have been accustomed to receiving discounts. Additionally, companies may want to consider implementing other strategies to attract and retain customers, such as improving the quality of their products or services, offering loyalty programs, or providing exceptional customer service.
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the result of a workflow diagram of a clinician illustrates an excessive amount of walking to obtain supplies. reducing the waste of motion adds value-added time that ultimately benefits:
The result of a workflow diagram of a clinician illustrating an excessive amount of walking to obtain supplies indicates an inefficient use of time and resources.
Reducing this waste of motion adds value-added time which can ultimately benefit both the clinician and their patients.
One way to reduce the amount of walking to obtain supplies is to make sure the workspace is properly organized and stocked with the supplies the clinician needs.
This way, the clinician can access their supplies quickly and without the need for additional movement. Additionally, having a proper organizational system in place ensures that the clinician will always know exactly where the supplies are located.
Having an organized workspace also enables the clinician to complete their tasks in a timely manner. By removing the need for long walks to obtain supplies, the clinician is able to focus on providing patient care without the distraction of having to search for supplies.
Furthermore, the clinician can spend more time with the patient, which leads to better patient outcomes.
Another way to reduce the amount of walking to obtain supplies is to establish a system of procurement. This system could involve ordering supplies in bulk, purchasing supplies through a central location, or utilizing an automated system that orders supplies as they are needed.
Utilizing such a system can help ensure that the clinician has access to the supplies they need, when they need them, reducing the need to search for them.
Overall, reducing the amount of walking to obtain supplies is an important step to take in order to improve the efficiency of a workflow and create value-added time for the clinician.
By organizing their workspace and utilizing an efficient procurement system, the clinician can focus on providing the best patient care possible.
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What is an individual health plan?
(1 point)
Responses
- Health insurance policies for those who do not have access to employer-provided health plans or who do not qualify for government-provided plans, offered through a marketplace, and purchased by individuals for themselves and their families.
- A selection of health plans offered to an employee by the employer.
- A selection of plans offered by the government.
- The largest market sector of the health care insurance industry.
An individual health plan is A Health insurance policies for those who do not have access to employer-provided health plans or who do not qualify for government-provided plans, offered through a marketplace, and purchased by individuals for themselves and their families.
What is the Health plan about?An individual health plan is a type of health insurance policy that is purchased by an individual or family directly from a health insurance company, rather than being provided by an employer or the government.
It is typically designed to provide coverage for medical expenses such as doctor visits, hospitalization, and prescription drugs. Individual health plans can be purchased through a marketplace, directly from an insurance company, or through a broker. They are a popular option for people who are self-employed, work part-time, or who do not have access to employer-provided health insurance.
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the answer would be: A
company should select the capital structure that . multiple choice question. has the lowest leverage maximizes the company's value results in the lowest taxes results in the lowest debt
Company should select the capital structure that maximizes the company's value.
A capital structure is the mix of debt and equity that a company uses to finance its operations. Debt instruments, such as bonds and loans, generally have lower costs of capital than equity instruments, such as stock, but also come with risks and obligations that must be managed.
The optimal capital structure for a company should balance the cost of capital with the company’s risk profile, which can be maximized when the company’s value is considered.
To determine the optimal capital structure, a company must consider its current financial position and its long-term objectives. Specifically, the company should consider how different levels of debt would affect the company’s debt-to-equity ratio, as well as its current and future interest expense and tax liability.
By considering all of these factors, a company can determine the capital structure that maximizes its value by providing a balance between costs and risks. This balance should be periodically reviewed to ensure the company’s capital structure continues to meet its long-term objectives and generates the highest possible return for its shareholders.
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