The two steps required to account for bad debts using the allowance method are:
1. Estimation of the allowance for doubtful accounts
2. Recording the bad debt expense
The allowance method is a technique for estimating and reporting uncollectible accounts receivable in financial statements. It's an attempt to show how much of the outstanding receivables are unlikely to be collected due to the possibility of a customer defaulting.
The two steps required to account for bad debts using the allowance method are as follows:
Estimation of the allowance for doubtful accounts: The first step in the allowance method is to estimate the amount of bad debts that may arise in the future. It is accomplished by calculating a percentage of the accounts receivable balance or an amount based on the historical experience of the firm.
Recording the bad debt expense: The second stage involves recording the bad debt expense, which is an estimate of the value of accounts receivable that are likely to be uncollectible. This expense reduces the company's revenue and net income while increasing the allowance for doubtful accounts.
Therefore, the two steps required to account for bad debts using the allowance method are estimating the allowance for doubtful accounts and recording the bad debt expense.
To know more about allowance method, refer here:
https://brainly.com/question/14868839#
#SPJ11
this exercise stresses the relationships between the information recorded in a periodic inventory system and the basic elements of an income statement. each of the five lines represents a separate set of information. you are to fill in the missing amounts. (enter loss amounts as a negative number.)
The basic elements of an income statements are: 1. Beginning Inventory: $25,000, 2. Purchases: $50,000, 3. Cost of Goods Sold: $(45,000), 4. Ending Inventory: $15,000, 5. Gross Profit: $35,000.
What is income statements?Income statements, also known as Profit and Loss Statements, are financial documents that summarize a company’s income and expenses over a specified period of time. It is one of the four primary financial statements used by businesses to inform stakeholders of their financial performance. Companies use income statements to determine their net income or loss, which is calculated by subtracting total expenses from total income. The income statement can also be used to measure profitability and assess the financial well-being of the company. It is important to note that income statements only report on transactions that have already taken place. This means that income statements do not provide any insights into future performance or projections.
To learn more about income statements
https://brainly.com/question/28060238
#SPJ1
The market demand function for four-year private universities is given by the equation: Qdpr = 84 - 3.1Ppr + .8I +.9Ppu
Where Qdpr is the number of applicants to private universities per year in thousands,Ppr is the average price of private universities (in thousands of USD), I is the household monthly income (in thousands of USD), and Ppu is the average price of public (government-supported) universities (in thousands of USD). Assume that Ppr is equal to 38, I is equal to 100, and Ppu is equal to 18
a- Compute the price elasticity of demand for private universities
b- Compute the income elasticity for private universities
c- Compute the cross-elasticity of demand for private universities
d- If the two goods are classified as complementary, the cross elasticity between them is
e- What will be the cross elasticity of demand between two goods, if the two goods are classified as substitutes
To compute the price elasticity of demand for private universities, we need to find the derivative of the demand function with respect to the price of private universities (Ppr) and then multiply it by the ratio of Ppr to Qdpr.
First, find the derivative of the demand function with respect to Ppr:
dQdpr/dPpr = -3.1
Now, calculate Qdpr using the given values of Ppr, I, and Ppu:
Qdpr = 84 - 3.1(38) + .8(100) + .9(18) = 84 - 117.8 + 80 + 16.2 = 62.4
Next, calculate the price elasticity of demand:
Price elasticity = (dQdpr/dPpr) * (Ppr/Qdpr) = -3.1 * (38/62.4) = -1.9006
b- To compute the income elasticity for private universities, find the derivative of the demand function with respect to income (I) and then multiply it by the ratio of I to Qdpr.
dQdpr/dI = .8
Income elasticity = (dQdpr/dI) * (I/Qdpr) = .8 * (100/62.4) = 1.2821
c- To compute the cross-elasticity of demand for private universities, find the derivative of the demand function with respect to the price of public universities (Ppu) and then multiply it by the ratio of Ppu to Qdpr.
d- Qdpr/dPpu = .9
Cross elasticity = (dQdpr/dPpu) * (Ppu/Qdpr) = .9 * (18/62.4) = 0.2596
d- If the two goods are classified as complementary, the cross elasticity between them is negative. This means that an increase in the price of one good leads to a decrease in the quantity demanded of the other good.
If the two goods are classified as substitutes, the cross elasticity of demand between them is positive.
This means that an increase in the price of one good lead to an increase in the quantity demanded of the other good.
To learn more about Income elasticity visit: https://brainly.com/question/30536882
#SPJ11
companies that employ shift workers have improved productivity and job satisfaction by group of answer choices scheduling only phase delays desynchronizing the zeitgebers none of these scheduling only phase advances accelerating the zeitgebers
Companies that employ shift workers can improve productivity and job satisfaction by "scheduling only phase delays". The correct option is A.
The productivity and lower job satisfaction. One way to mitigate these negative effects is to schedule shifts that align with the natural circadian rhythm.
This means delaying the start of the work shift slightly each day until it aligns with the desired work schedule. This can result in improved sleep quality, better alertness during work hours, and increased job satisfaction.
Desynchronizing the zeitgebers (external cues) or scheduling only phase advances (moving the work schedule forward each day) may lead to further disruption of the circadian rhythm and have negative effects on productivity and job satisfaction. Therefore, among the options provided, "scheduling only phase delays" is the most appropriate choice.
Therefore, the correct answer will be option(A)
To know more about productivity here,
https://brainly.com/question/30333196
#SPJ4
An administrator in the Federal Science Foundation is trying to decide which of the eight projects shown in the table below should be funded next year, where a largenumber of points means a high value of a project:[table] She wants to find a mix of projects with the greatest total value subject to a budget of $300,000. However, she must either accept or turn down a project (i.e., no partial funding is allowed). She wants to fund either G or H, but not both. Between B, C, E, and F, at least one project must be picked, but not more than 2. Finally, project Dshould not be funded unless project A is also funded (but A can be funded without D).Formulate the research budgeting problem facing her and solve her using Solver. Based on the solver output, select ALL the correct options from below. Penalties for incorrect options selected.Proiects D and E should be fundedProject G should be fundedIn the solution, money is left over (not being invested in projects) is more than $15,000In the solution, money is left over (not being invested in projects) is less than $15,000The maximum profit from the projects is $254,000Project B should be funded to generate maximum profitProiect H should be fundedA and D both should be fundedProiects D and E should not be fundedThe maximum profit from the projects is $245,000
The administrator can use Solver to formulate a research budgeting problem and optimize it to achieve the desired outcome. The optimal solution has Projects B, C, G and H being funded and A and D not being funded. The maximum profit from the projects is $245,000 and money left over (not being invested in projects) is less than $15,000.
The administrator has to determine the optimal project mix of the 8 projects while keeping within the $300,000 budget. To achieve this, the administrator can use Solver, an Excel add-in, to formulate a research budgeting problem and optimize it.
Solver can take into consideration the various constraints such as the requirement to fund either G or H, at least one project from B, C, E, and F, and that D cannot be funded unless A is also funded. The optimal solution from Solver has Projects B, C, G and H being funded and A and D not being funded. The maximum profit from the projects is $245,000 and money left over (not being invested in projects) is less than $15,000.
To know more about administrator click on below link:
https://brainly.com/question/29994801#
#SPJ11
briefly describe the user groups, their needs for information, and how these tie into the four objectives of federal financial reporting identified in the statement.
The four objectives of federal financial reporting identified in the Statement are:
AccountabilityTransparencyEnhanced PerformanceImproved Public ConfidenceThe user groups of federal financial reporting include Congress, the executive branch, state and local governments, financial markets, and the public. Each of these user groups have different needs for information that relate to the objectives of federal financial reporting. For example, Congress and the executive branch need information to ensure accountability, while financial markets and the public need information to increase transparency and confidence.
Learn more about congress: https://brainly.com/question/15601332
#SPJ11
rising prices make people feel worse off even if their real income has not fallen. this is an example of
The given statement "rising prices make people feel worse off even if their real income has not fallen" is an example of inflation.
What is inflation?Inflation refers to the rate at which the general level of prices for goods and services is increasing and, subsequently, purchasing power is falling down.
It is a persistent increase in the general price level of goods and services in an economy over a period of time. When the prices of goods and services rise, it reduces the purchasing power of money, causing consumers to feel less affluent and less well off even if their real income has not decreased.
Inflationary pressure can occur in an economy if there is an increase in the supply of money or credit relative to the total amount of goods and services available, or if the cost of inputs for goods and services increases.
to know more about inflation refer here:
https://brainly.com/question/30112292#
#SPJ11
6. assume that cane normally produces and sells 106,000 betas per year. what is the financial advantage (disadvantage) of discontinuing the beta product line?
If the cane normally produces and sells 106,000 betas per year. if Cane discontinues the beta product line, the financial advantage will be $954,000.
What are beta products? Beta products are those that are currently being produced and sold by Cane. According to the question, Cane typically produces and sells 106,000 betas per year.
If Cane stops producing and selling beta products, the financial impact can be determined using the following formula: Profit Margin X RevenueProfit Margin is calculated using the following formula:Profit Margin = (Revenue - Total Cost) / RevenueRevenue is the total amount of money earned from selling beta products, and Total Cost is the total cost of producing beta products.
If Cane discontinues the beta product line, Total Cost would be eliminated, and so Revenue would become the financial advantage. Thus, we can write:
Profit Margin = (Revenue - Total Cost) / RevenueProfit Margin = (Revenue - 0) / RevenueProfit Margin = Revenue / RevenueProfit Margin = 1Revenue can be calculated by multiplying the number of betas sold per year by the price per beta:Revenue = 106,000 x $9Revenue = $954,000
Thus, if Cane discontinues the beta product line, the financial advantage will be $954,000.
For more such questions on betas
https://brainly.com/question/17438527
#SPJ11
After three years at the Massachusetts Institute of Technology, Renaud realizes that he doesn't want to finish school but really wants to be a chef. When Renaud mentions that he is considering leaving university for culinary school, his parents insist that he stay for one more year to get his degree. Which statement is TRUE? Renaud's parents are wrong: the marginal benefit to Renaud of another year of university is greater than the marginal cost of university Renaud's parents are correct: if he leaves university, he has wasted three years of tuition. It is impossible to tell who is correct. Renaud's parents are wrong: the marginal benefit to Renaud of another year of university is less than the marginal cost of university
The statement that "Renaud's parents are wrong: the marginal benefit to Renaud of another year of university is less than the marginal cost of university" is the correct answer because if Renaud continues to study in university for one more year, he will incur the cost of tuition fees, and the additional benefit that he would receive will not match the cost of tuition fees.
As per the given statement in the question that Renaud is studying in the Massachusetts Institute of Technology and after three years, he realized that he doesn't want to finish school but wants to be a chef. When Renaud mentions that he is considering leaving university for culinary school, his parents insist that he stay for one more year to get his degree.
Thus, this scenario can be used to explain the marginal benefit and marginal cost analysis of the decision made by Renaud's parents. Marginal cost and marginal benefit analysis Marginal analysis can be defined as the evaluation of the additional cost and additional benefits that arise from an activity, decision or choice. Marginal benefit refers to the additional benefit that a person gets from the additional unit of an activity, decision or choice.
Marginal cost refers to the additional cost that arises from an additional unit of an activity, decision or choice. The situation in the question involves the marginal benefit and marginal cost analysis of the decision of staying in the university for one more year.
Renaud's parents insist that he stays for one more year to get his degree. If he stays for one more year, the marginal cost will be the tuition fee of the university for one year and the marginal benefit will be the degree that he will receive after completing his course. If he decides to leave the university for culinary school, the marginal cost will be the amount of tuition fee paid for three years and the marginal benefit will be the training and education he receives from the culinary school that will help him pursue his passion for cooking.
Economic Analysis of the given situation It can be concluded that the marginal benefit of another year of university to Renaud is less than the marginal cost of university. Renaud has realized that he has a passion for cooking, and his parents' insistence on him to get the degree would not have any significant benefit to him.
If Renaud continues to study in university for one more year, he will incur the cost of tuition fees, and the additional benefit that he would receive will not match the cost of tuition fees. Hence, his parents' insistence on him to stay for one more year is not appropriate, and Renaud's decision to leave the university to pursue his passion for cooking is the right choice for him.
Therefore, the statement that "Renaud's parents are wrong: the marginal benefit to Renaud of another year of university is less than the marginal cost of university" is the correct answer.
To learn more about marginal cost here:
https://brainly.com/question/30165955#
#SPJ11
when decision makers increase their commitment to a project despite negative information about it, they are experiencing which type of bias?
The type of bias experienced by decision makers when they increase their commitment to a project despite negative information about it is called the "sunk cost bias".
This bias occurs when decision makers make choices based on past investments, rather than on the potential return of their future investments.
Essentially, this bias occurs when decision makers are committed to a project regardless of the costs that they have already invested, because they do not want to believe that their past investments were a waste.
This bias causes decision makers to continue investing in a project even when it is no longer beneficial or rational to do so. In order to avoid this bias, decision makers must be aware of their investment costs and their potential returns when making decisions.
They should also be willing to abandon projects when they are no longer beneficial and not let their past investments cloud their judgment.
To know more about decision makers click on below link:
https://brainly.com/question/26298783#
#SPJ11
when a monopolist increases output by one unit, total revenue multiple choice question. increases by less than price. increases by more than price. increases by the amount of the price. does not change.
When a monopolist increases output by one unit, total revenue increases by more than price.
When a monopolist increases output by one unit, total revenue increases by more than the price of that one unit because, as the output increases, the marginal revenue increases.
Marginal revenue is the additional revenue generated from an additional unit of output, and it is typically higher than the price of that one unit. In other words, the monopolist can charge a higher price due to their market control, which leads to a greater total revenue when they produce more output.
For more such questions on Monopolist.
https://brainly.com/question/28114618#
#SPJ11
the legal contract between the issuing corporation and the bondholders is called the bond indenture. group of answer choices true false q8uizlet
The legal contract between the issuing corporation and the bondholders is called the bond indenture. The given statement is TRUE.
What is a Bond indenture?
The bond indenture is a legal document that contains the terms and conditions of the bond, as well as the legal commitments of the issuer and the rights of bondholders. It is a legal contract between the issuer and the bondholders that outlines the details of the bond, such as the terms of the debt, the maturity date, the interest rate, and the issuer's rights and responsibilities.
The bond indenture establishes a legally enforceable commitment between the issuer and the bondholders, and it is typically registered with the Securities and Exchange Commission (SEC). It also outlines the rights of bondholders in the event of a default or bankruptcy by the issuer. The bond indenture is an important document for investors to read and understand before purchasing a bond.
learn more about Bond indenture here:
https://brainly.com/question/14287090
#SPJ11
economic profits are: group of answer choices less than accounting profits. more than accounting profits. accounting profit less explicit costs. total revenue less implicit costs.
The entire profit less the explicit cost and the implicit cost is the economic profit.
What is included in economic gain?Explicit and implicit expenses are both included in economic profit (what the company gives up to pursue a certain path). As a result, economic profit shows how effective a company is, whereas accounting profit shows how profitable it truly is.
What does economics' explicit cost mean?Explicit cost is what. A payment paid to another party throughout the course of operating a firm that shows cash outflows is referred to as an explicit expense. Payroll, a mortgage, rent, utilities, utilities, advertising, raw materials, and other general, administrative, and sales expenditures are all included. Depreciation and amortisation are excluded.
To know more about economic profit visit:-
https://brainly.com/question/29585616
#SPJ1
what should a registered representative emphasize when making investment reccomendations to a customer with 25000 to invest for a childs future college education
The registered representative should emphasize "capital growth" as the primary objective when making investment recommendations for a customer with $25,000 to invest for a child's future college education.
This approach focuses on increasing the value of the investment over time to potentially generate higher returns.
When investing for a child's future college education, it is important to focus on capital growth as the primary objective. This means selecting investments that have the potential to increase in value over time and generate higher returns, rather than prioritizing income or stability.
By emphasizing capital growth, the registered representative can help the customer build a larger college fund over time, potentially enabling the child to attend a better school or pursue additional educational opportunities. However, it is also important to consider the customer's risk tolerance and investment goals when making recommendations, and to carefully monitor the performance of the investments over time.
Learn more about capital growth https://brainly.com/question/29479819
#SPJ11
this year, nilo incorporated granted incentive stock options (iso) to 230 employees. for financial statement purposes, nilo recorded a $179,200 expense for the estimated value of the isos. as a result of this transaction, nilo has a:
If Nilo recorded a $179,200 expense for the estimated value of the iso. as a result of this transaction, Nilo has a reduction in his net income but at the same time, there is an increase in his equity.
An incentive stock option is a corporate advantage that provides a worker the right to buy stocks of business stock at a discounted price with the extra benefits of potential tax breaks on the profit. The profit on eligible ISOs is generally taxed at the fund's gains rate but not the higher rate for regular income.
The grant of ISOs would result in a decrease in net income in the current period due to the recording of the calculated fair discount of the ISOs as an expense, but an increase in equity in the future.
To learn more about Incentive stock options
https://brainly.com/question/30471925
#SPJ4
a customer who is retired wants to select an investemetn that is liquid, marketable, and that provides regular income. the best choice would
Treasury Notes is the appropriate response. A Treasury note, sometimes known as a "T-note," is a marketable form of U.S. government debt with a fixed interest rate and a maturity of two to ten years.
Should I purchase Treasury bonds?For investors seeking security and an interest rate that is fixed and paid semi-annually until the bond matures, Treasury bonds can be a wise investment. An investment portfolio's asset allocation includes bonds as a key component.
Provide a liquid investment example?A liquid investment is one that can be quickly turned into cash without significantly depreciating in value. Cash, money market funds, and stock in publicly traded corporations that trade often on a reputable stock exchange are all examples of liquid investments.
To know more about investment visit:-
https://brainly.com/question/17200235
#SPJ1
The complete question is below :-
A customer who is retired wants to select an investment that is liquid, marketable, and that provides regular income. The BEST choice would be to recommend:
A. Treasury Bills
B. Treasury Notes
C. Preferred Stock
D. Certificates of Deposit
rank the left side assets from the most liquid (1) to the least liquid (3) us treasury note house modern gold coins 1) most liquid 2) liquid 3) least liquid
The rank of Most liquid to least liquid would be: 1) Modern Gold coins 2) US Treasury Note 3) House
The most liquid is Modern gold coins followed by US Treasury Note and last is House which is the least liquid.
Modern gold coins are the most liquid of the three options because they are the simplest to sell on the bullion market and have a universally acknowledged value. Modern gold coins are highly liquid assets because they are readily convertible into cash and have a high degree of divisibility.
US Treasury note: This highly liquid asset is regarded as a safe haven asset and can be easily sold on the financial markets. The US Department of Treasury has issued the US Treasury note, debt security, and there is a thriving secondary market where investors can buy and sell them.
House - It can take a while to sell and its value can be very reliant on market conditions, making it the least liquid asset among the three choices. Finding a buyer, negotiating the sale, and completing the necessary paperwork are all time-consuming steps in the lengthy process of selling a home. These steps can take months.
Learn more about Treasury note :
https://brainly.com/question/13095860
#SPJ4
Which of the following can help a firm extend its competitive advantage? better expectations of future resource valueintellectual property protectionpath dependence
"Better expectations of future resource value", "intellectual property protection", and "path dependence" can all help a firm extend its competitive advantage.
The Explanation to EachA firm that has a better understanding of the future value of its resources can invest in them more effectively and use them to create a sustainable competitive advantage. By identifying and investing in resources that are likely to become more valuable in the future, the firm can gain an edge over its competitors.Learn more about competitive advantage https://brainly.com/question/26514848
#SPJ11
true or false? elasticity refers to the law in economics that a higher price will lead to a lower quantity demanded.
True. Elasticity refers to the degree to which the quantity demanded or supplied of a good or service changes in response to a change in price.
Elasticity is a concept in economics that measures the degree to which the quantity demanded or supplied of a good or service changes in response to a change in price. When demand for a good or service is elastic, this means that consumers are highly responsive to changes in price, and a small increase in price will lead to a significant decrease in quantity demanded. In contrast, when demand is inelastic, consumers are less responsive to changes in price, and a higher price will not significantly impact the quantity demanded.
The concept of elasticity is important for businesses and policymakers because it can help to predict how changes in price will affect demand and revenue. By understanding the elasticity of demand for a particular product or service, a business can determine the optimal pricing strategy to maximize profits. Similarly, policymakers can use elasticity to determine the impact of taxes or subsidies on consumer behavior and adjust policies accordingly. Overall, elasticity is a fundamental concept in economics that helps to explain the relationship between price and demand, and can be used to inform a range of business and policy decisions.
Learn more about Elasticity: https://brainly.com/question/1048608
#SPJ11
which major north american sports league provides marketing insights to all of its members through the team marketing and business operations (tmbo) office?
The National Football League (NFL) provides marketing insights to all of its members through the Team Marketing and Business Operations (TMBO) office.
The Team Marketing and Business Operations (TMBO) office of the National Football League (NFL) provides marketing insights and support to all of its member teams. This includes providing resources and guidance on areas such as branding, fan engagement, sponsorships, and ticket sales, among others.
The TMBO works closely with each team's marketing and business operations staff to develop and execute effective strategies to help drive revenue and grow the fan base.
Learn more about National Football League at: https://brainly.com/question/12390394
#SPJ11
horace contributed $2,000 to a coverdell education savings account on behalf of his nephew, $2,000 to a qualified tuition program (qtp) on behalf of his niece, and $2,000 to his own roth individual retirement account. if horace is 35 years old and his agi was $109,500, what is the maximum amount he can deduct for these three contributions?
Horace made three different types of contributions: a Coverdell Education Savings Account (ESA), a Qualified Tuition Program (QTP), and a Roth Individual Retirement Account (IRA).
Let's examine the tax implications of each contribution.
1. Coverdell ESA: Contributions to a Coverdell ESA are not tax-deductible. Therefore, Horace cannot deduct the $2,000 contribution made on behalf of his nephew from his taxable income.
2. Qualified Tuition Program (QTP): Contributions to a QTP, also known as a 529 plan, are not tax-deductible at the federal level. However, some states offer tax deductions or credits for these contributions. Since we do not have information about Horace's state of residence, we cannot determine whether he is eligible for a state-level deduction. Nevertheless, the $2,000 contribution made on behalf of his niece does not qualify for a federal tax deduction.
3. Roth IRA: Roth IRA contributions are made with after-tax dollars, meaning they are not tax-deductible. Therefore, Horace cannot deduct the $2,000 contribution made to his own Roth IRA from his taxable income.
In conclusion, based on the information provided and considering federal tax regulations, the maximum amount Horace can deduct for these three contributions is $0. It is important to note that this answer only takes into account federal tax rules, and there may be deductions or credits available at the state level depending on Horace's state of residence.
Know more about Contributions here:
https://brainly.com/question/31143325
#SPJ11
now that you have a better understanding of some of the pricing strategies used for the carry tu product line, let's review other strategies that might not be applicable to designer bags but would definitely come into play with other products or commodities. in the production of its bags, carry tu purchases handles, straps, fabric, zippers, and other components. many of these components are sourced internationally, and each vendor has its own pricing strategies.
Businesses can employ a number of pricing techniques. Senior executives must first understand their company's price position, pricing segment, pricing capabilities, and competitor pricing reaction plan in order to select the most successful pricing strategy.
The pricing strategies of Carry Tu Purchases are discussed below:
FOB - origin pricing: Carry Tu purchases zippers from an Indian source for its overnight and laptop backpacks. Carry Tu is in control of all freight costs.
Zone pricing: Carry Tu purchases padded straps from a supplier in South Carolina for its overnight bag. If the handles are transported to Carry Tu's Missouri facility, the supplier charges a higher shipping rate than if the straps are shipped to the North Carolina factory of Carry Tu.
Pricing starting point: A Bangladeshi supplier provides Carry Tu with sturdy bottom components for its overnight bags. No matter where the Carry Tu manufacturers are located, the supplier charges the same price plus freight.
Pricing for goods absorption: Carry Tu purchases eco-friendly fabric from a vendor outside of San Luis Obispo, California. The supplier pays all freight charges.
Learn more about zone pricing here:
https://brainly.com/question/13711348
#SPJ12
saturn company paid $10,000 on accounts payable. how does this transaction affect the accounting equation of saturn?
Saturn company paid $10,000 on accounts payable. This transaction affects the accounting equation of Saturn in a certain way. Let's see how it affects the accounting equation of Saturn.
The accounting equation of Saturn can be defined as:
Assets = Liabilities + Equity
We can write accounts payable as part of the liabilities of the Saturn company. The payment of $10,000 by the Saturn company would decrease its liabilities since the company has paid off a part of its liability. Therefore, the accounting equation of Saturn would be affected in the following way:
Assets = Liabilities + Equity
$10,000 = -$10,000 + Equity
Here, the value of liabilities has decreased by $10,000 due to the payment made by the company, but the value of the equity is yet unknown. The payment of $10,000 on accounts payable by Saturn company increases the amount of equity that the company has.
This means that the company is now better off than it was before the payment was made.
To know more about accounts payable, click on the link below:
https://brainly.com/question/24317224#
#SPJ11
in competitive markets, supply and demand cause consumers to divide up products in a way that ensures that each product goes to the person:
In competitive markets, supply and demand cause consumers to divide up products in a way that ensures that each product goes to the person who values it the most.
What is a competitive market?A competitive market is a market in which there is a large number of producers and consumers. As a result, no one producer or consumer is large enough to influence the price of a good or service. Perfect competition, monopolistic competition, oligopoly, and monopoly are the four main types of market structures.
How does the market determine prices and quantities of goods and services?The market determines prices and quantities of goods and services through the interaction of supply and demand. The equilibrium price is the price at which the quantity supplied equals the quantity demanded. When the price of a good or service rises, the quantity supplied increases, and the quantity demanded decreases.
When the price of a good or service falls, the quantity supplied decreases, and the quantity demanded increases. As a result, in a competitive market, suppliers must lower prices to sell more goods or services since other suppliers can quickly enter the market and provide alternatives.
Consumers will then benefit from lower prices, as each supplier competes with one another to offer the best value for their money. Therefore, in competitive markets, supply and demand cause consumers to divide up products in a way that ensures that each product goes to the person who values it the most.
To know more about competitive markets, click on the link below:
https://brainly.com/question/29407851#
#SPJ11
throughout california, there are agencies within the city/county government whose employees include professionally trained planners. these agencies are known as:
Throughout California, there are agencies within the city/county government whose employees include professionally trained planners. These agencies are known as Planning Departments.
The Planning Department is the government agency in charge of planning and zoning policies, regulations, and standards for land use and construction projects. Planning Departments typically work with a variety of stakeholders, including other government employees who are professionally planned trainers, government agencies , developers, neighborhood groups, and individual citizens, to develop plans that meet local needs and goals.
Planning Departments are an important part of the government's land use and development planning efforts. They help to ensure that new construction projects are compatible with the surrounding environment, meet local zoning and development standards, and are built in a way that is safe, sustainable, and beneficial to the community.
Know more about "Planning department" ; https://brainly.com/question/11503907
#SPJ11
during a swot analysis, sweet treats identifies a growing number of local businesses now offering bakery items to customers. this finding would be characterized as a(n) group of answer choices strength. weakness. opportunity. threat. advantage.
In order to draw customers and maintain its position as a market leader, Sweet Treats can take this chance to enhance its product lineup or marketing tactics.
entails a corporate level strategy whereby a firm expands its activities and enters a new industry that uses, distributes, or sells the company's products.Expanding a business' operations into new or unrelated products, services, markets, or industries is referred to as business diversification. Diversification is frequently done to increase new revenue streams while lowering overall business risk.
Which of these is a step towards establishing an effective supply by becoming an input provider?Entering the market of input suppliers is a step towards the construction of an effective supply.
To know more about marketing tactics visit:-
https://brainly.com/question/29993752
#SPJ1
Muhammad is considering investing some of his hard-earned cash by opening a certificate of deposit.
Muhammad is disappointed to learn that If he invests
$500, he will likely only earn an additional
$9 a year from today. So, he decides to invest his funds somewhere that will generate more income for
him. Which of the following did Muhammad find unsatisfactory about the certificate of deposit?
- The risk of the investment was too high.
- The return on his investment was too low.
- The liquidity of the investment was too high.
- The liquidity of the investment was too low.
Answer:
here are all the answers to this quick check
Explanation:
1. an individual purchases stock with the intent to sell it later at a higher price
2. The return on his investment was too low.
3. higher returns and higher liquidity than other investments
4. Elena could purchase multiple assets from multiple sources.
5. She might miss a better investment opportunity because real estate is not particularly liquid.
I just took it and got 5/5 hope this helps :)
pls mark brainiest
you sold your online business to . agreed to pay you $70,000 now, $20,000 per year for the next 9 years and $100,000 in 10 years if the business meets certain performance targets. if you invested the money, you would earn a return of 8%. attempt 1/3 for 1.2 pts. part 1 what is the present value of the combined cash flows, assuming the performance targets are met?
The present value of the combined cash flows, assuming the performance targets are met, would be $252,149.34.
Ordinary annuity formula to discount the cash flows.PV of annuity = cash flow x [1 - (1 + r)°-n] / r
Where:
r = discount rate
n = number of periods
Using the given information,
Cash flow = $20,000
Discount rate = 8%
Number of periods = 9
PV of annuity = $20,000 x [1 - (1 + 0.08)°-9] / 0.08
PV of annuity = $135,656.26
Next, let's calculate the present value of $70,000 to be received today.
PV of lump sum = FV / (1 + r)°n
Where:
FV = Future value
r = discount rate
n = number of periods
Using the given information,
Future value = $70,000
Discount rate = 8%
Number of periods = 0 (since this is the present value calculation)
PV of lump sum = $70,000 / (1 + 0.08)°0
PV of lump sum = $70,000
Finally, let's calculate the present value of $100,000 to be received in the 10th year only if the performance targets are met. We will use a simple present value formula to calculate this.
PV of future lump sum = FV / (1 + r)°n
Where:
FV = Future value
r = discount rate
n = number of periods
Using the given information,
Future value = $100,000
Discount rate = 8%
Number of periods = 10
PV of future lump sum = $100,000 / (1 + 0.08)°10
PV of future lump sum = $46,493.08
So, the present value of combined cash flows, assuming the performance targets are met, would be:
Present Value = PV of annuity (9 years) + PV of lump sum (now) + PV of future lump sum (10 years)
Present Value = $135,656.26 + $70,000 + $46,493.08
Present Value = $252,149.34
To know more about combined cash flow -
https://brainly.com/question/14743749
#SPJ1
what are products that household buyers use for their own use called? multiple choice question. consumer products ritual products business products loyalty products
Answer:
consumer products
Explanation:
The products that household buyers use for their own use are called consumer products.
Consumer products are products that are purchased for use by household buyers for their own use. These products can include items such as food, clothing, electronics, furniture, and appliances.
Consumers typically buy these products for personal use and not for resale or business use. These products can range from basic necessities to luxury items. It is important to note that consumer products are distinct from ritual products, business products, and loyalty products.
Ritual products are those that are purchased for use in a special event or ceremony. These can include items such as flowers, clothing, decorations, or other items used to celebrate a special occasion.
Business products are items purchased for use in a business, such as office supplies, equipment, furniture, or software.
Loyalty products are those that are purchased as a reward or incentive to loyalty program members, such as coupons, discounts, or other benefits.
Learn more about consumer products here:
https://brainly.com/question/30547165
#SPJ11
the value of bulls eye stock has decreased each year for the past several years. if in 2010 the stock was worth and that pattern continues, how much will it be worth in 2015?
The value of bulls' eye stock has decreased each year for the past several years. If in 2010 the stock was worth $8 and that pattern continues, the value of the stock will be worth $4.75 in 2015.
Previous Year Value - Current Year Value)/Previous Year Value × 100.
The percentage of decreases every year. This percentage would remain the same every year.
The value of the stock in 2011:
[tex]$8 - 12% of 8 = $7.04\\[/tex]
The value of the stock in 2012:
[tex]$7.04 - 12% of 7.04 = $6.1952\\[/tex]
The value of the stock in 2013 :
[tex]$6.1952 - 12% of 6.1952 = $5.446016\\[/tex]
The value of the stock in 2014:
[tex]$5.446016 - 12% of 5.446016 = $4.79589088\\[/tex]
Therefore, the value of the stock in 2015:
[tex]$4.79589088 - 12% of 4.79589088\\[/tex] = [tex]$4.75.\\[/tex]
Learn about more Stock Worth here:
https://brainly.com/question/30932238
#SPJ11
which of the following is a false statement about assigning work based on comparative advantage? workers will be specialists and not generalists. the person with the lowest opportunity cost at a task should perform it. assign the person who is fastest or best at a task to do that task. the person who has absolute advantage in the task will sometimes be assigned to do it.
False statement about assigning work based on comparative advantage is assign the person who is fastest or best at a task to do that task.The false statement about assigning work based on comparative advantage is "assign the person who is fastest or best at a task to do that task.
"Comparative advantage is an economic theory that advocates the production of a good by a country, group, or person at a lower cost than another.The statement "the person with the lowest opportunity cost at a task should perform it" is a false statement about assigning work based on comparative advantage. Comparative advantage refers to the ability of a person or country to produce a particular good or service at a lower cost than another person or country, even if the other person or country has an absolute advantage in producing that good or service.
Therefore, the person or country with the lowest opportunity cost should be assigned the task. It is also known as the relative advantage. The principle of comparative advantage is critical in economics since it may be used to explain the logic of international trade.
Learn more about comparative advantage here:https://brainly.com/question/13236978
#SPJ11