The correct answer to costs in beginning work in process inventory totaled $1,200 and $6,000 in costs were added during the period. If there are 75 equivalent units, the cost per equivalent unit using FIFO is $104.
Inventory is an asset that a firm has on hand and plans to sell or use in the production of goods. Costs in beginning work in process inventory totaled $1,200 and $6,000 in costs were added during the period. If there are 75 equivalent units, the cost per equivalent unit using FIFO is $104. The FIFO method assumes that the items that are purchased first are the ones that are sold first, according to financial accounting.
For instance, if a firm buys 100 units of inventory at $10 each and then buys another 100 units of inventory at $20 each, FIFO assumes that the first 100 units sold are the ones that were bought for $10 each. To figure out the cost per equivalent unit using FIFO, first calculate the cost per equivalent unit for each input, then multiply it by the amount of each input.
Add the products together to get the total equivalent cost of the 75 equivalent units. Then divide the total equivalent cost by 75 to get the cost per equivalent unit.
Following the steps:
The total equivalent cost for costs in beginning work in process inventory is $1,200.
The equivalent cost per unit for the beginning inventory is $1,200 / 30 equivalent units = $40 per equivalent unit.
Total costs incurred during the period are $6,000.
The total equivalent cost of the new costs is $6,000 / 45 equivalent units = $133.33 per equivalent unit.
The total equivalent cost for the 75 equivalent units is $1,200 + $6,000 = $7,200.
Cost per equivalent unit is $40 + $133.33 = $173.33.
Therefore, the cost per equivalent unit using FIFO is $104.
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explain how a mortgage company's degree of exposure to interest rate risk differs from other financial institutions. mortgage companies concentrate on -select- mortgages, thus, they -select- as concerned about hedging mortgages over the long run. mortgage companies' exposure to interest rate risk exists -select- .
Mortgage companies concentrate on mortgages; thus, they are more concerned about hedging mortgages over the long run. Mortgage companies' exposure to interest rate risk exists to a greater degree than other financial institutions.
Mortgage companies are specialized in mortgages and concentrate on mortgages as their main source of revenue; thus, they are more exposed to interest rate risks than other financial institutions.
Mortgage companies' exposure to interest rate risk exists to a greater degree than other financial institutions because of the nature of their business. Mortgage companies concentrate on mortgages, which are inherently risky because they are dependent on interest rates, which can fluctuate. Mortgage companies must manage their exposure to interest rate risk by hedging their positions, which can be expensive.
Other financial institutions may have exposure to interest rate risk, but it is usually less significant than mortgage companies because they do not concentrate on mortgages as their main source of revenue.
A mortgage company is a type of financial institution that specializes in mortgages. Mortgage companies help homebuyers to find the right mortgage for their needs. They are involved in both the origination and servicing of mortgages. Mortgage companies make money by charging fees to their clients. The fees charged by mortgage companies can vary depending on the company and the services provided.
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the conceptual and procedural details of a financial statement audit build on the fundamental concepts of
The conceptual and procedural details of a financial statement audit build on the fundamental concepts of Generally Accepted Accounting Principles (GAAP) and Generally Accepted Auditing Standards (GAAS).
GAAP is the accounting principles or guidelines that a company must follow while preparing its financial statements. It contains the basic principles that all accounting procedures should follow.
It sets out the following concepts: Revenue Recognition, Accrual Accounting, Expense Recognition, Historical Cost Concept, Materiality, Consistency, Conservatism, and Matching Principle.
GAAS, on the other hand, are the auditing principles that auditors follow when conducting an audit. It sets out the following principles: Professional Care, Planning and Supervision, Evidence, Independence, Materiality, Confidentiality, and Communication.
Furthermore, GAAS establishes audit standards to ensure that an audit is performed in accordance with the principles of GAAS. The audit standards are as follows: General Standards, Field Work Standards, and Reporting Standards.
These concepts and principles are essential for any financial statement audit. They provide guidance to auditors and ensure that they follow a consistent and reliable process when conducting an audit.
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question 2 during which of the four phases of analysis do you compare your data to external sources?
During the third phase of analysis, which is data processing and analysis, you compare your data to external sources.
The four phases of analysis are data collection, data processing and analysis, data interpretation, and data dissemination. During the third phase of analysis, which is data processing and analysis, you analyze the data that you have collected and process it into a more usable format.
During this phase, it is common to compare your data to external sources to gain additional insights and validate your findings. This might involve comparing your data to industry benchmarks, government statistics, or data from other sources. By comparing your data to external sources, you can gain a broader perspective and determine if your findings are consistent with other data sources.
Therefore, during the third phase (data interpretation) of analysis, comparing your data to external sources can help to ensure that your analysis is comprehensive and accurate.
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the money multiplier is equal to 2 and the reserve-deposit ratio is 0.2. if the reserve-deposit ratio is reduced to 0.14, the money multiplier will
The money multiplier is the multiple by which a given change in reserve deposits is multiplied to determine the ultimate change in the money supply. In this case, the money multiplier is equal to 2 and the reserve-deposit ratio is 0.2. The money multiplier will increase from 5 to 7.14 when the reserve-deposit ratio is reduced from 0.2 to 0.14.
The money multiplier is the ratio between the total money supply and the quantity of the monetary base. The formula for calculating the money multiplier is given as:
Money multiplier = 1 / reserve-deposit ratio. Therefore, we can calculate the initial money multiplier as follows: Money multiplier = 1 / 0.2 = 5If the reserve-deposit ratio is reduced to 0.14, we can calculate the new money multiplier as follows: Money multiplier = 1 / 0.14 = 7.14Therefore, the money multiplier will increase from 5 to 7.14 when the reserve-deposit ratio is reduced from 0.2 to 0.14.
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what amount of cash disbursements for insurance would be reported in novak's 2024 net cash provided by
In Novak's 2024 net cash provided by operations, the amount of cash disbursements for insurance would be reported.
Cash disbursements refer to the payments made by a company during a specific time period. These disbursements are generally made for a variety of purposes, including salaries, rent, utilities, taxes, and inventory purchases. Cash disbursements can be used to measure a company's liquidity, as they provide a clear indication of how much cash is flowing out of the company.The net cash provided by operations for a specific period of time refers to the cash inflows and outflows generated by the company's primary operations. It is calculated by subtracting cash disbursements from cash receipts. As a result, in Novak's 2024 net cash provided by operations, the amount of cash disbursements for insurance would be reported.
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the advantage of using command and control to solve an externality problem is that: it is inflexible, and some problems require an inflexible approach. it is a very flexible approach. it solves the problem efficiently without the government requiring very much information. it is usually the least costly approach.
The advantage of using command and control to solve an externality problem is that it is usually the least costly approach.
This means that by implementing strict regulations and enforcing them, the government can directly address the issue without needing to gather extensive information or use a more flexible approach, which might not be as effective in solving the problem.
Command and control regulation refers to government regulations that require specific actions or prohibit specific behaviours in order to address an externality problem. While this approach can be effective in addressing the problem, it can also be inflexible and may not allow for innovation or adaptation to changing circumstances.
Additionally, command and control regulation may require significant resources for monitoring and enforcement, which can be costly for both the government and the regulated entities. In contrast, other approaches, such as market-based mechanisms like taxes or cap-and-trade systems, can provide incentives for reducing the externality while minimizing the need for costly regulation.
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a company shows the following balances in the general ledger: purchases $10,000 freight in $1,000 purchases returns and allowances $500 the net delivered cost of purchases is:
The net delivered cost of purchases is $10,500.
The net delivered cost of purchases is the total cost of all purchases made by the company, including any additional costs such as freight in, minus any returns and allowances. In this case, the company's purchases balance is $10,000, and they have an additional $1,000 in freight in costs. However, they also have $500 in purchases returns and allowances, which need to be subtracted from the total cost.
Therefore, the net delivered cost of purchases can be calculated as follows:
⇒ Net delivered cost of purchases = Purchases + Freight in - Purchases returns and allowances
⇒ Net delivered cost of purchases = $10,000 + $1,000 - $500
⇒ Net delivered cost of purchases = $10,500
Therefore, the net delivered cost of purchases is $10,500. This represents the total cost of goods purchased and delivered, after accounting for any additional costs and returns or allowances.
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used to be called an absolute advantage, which is the law that nations can conduct trade when their cost and price structures differ? group of answer choices market advantage relative advantage comparative advantage
The law that nations can conduct trade when their cost and price structures differ is called d. comparative advantage.
Comparative advantage is the term for the rule that allows countries to engage in commerce when their cost and price structures diverge. An economic concept known as comparative advantage describes when one country can manufacture a specific good or service at a lower opportunity cost than another. Opportunity cost is the expense of forgoing the next best option while making a choice.
Countries can improve their overall well-being through trade by specialising in the production of goods or services in which they have a comparative advantage. Absolute advantage, on the other hand, refers to a circumstance in which one country can provide a specific commodity while consuming fewer resources than another. The terms market advantage and relative advantage are not frequently employed in this context.
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the project manager communicates the objective to the project team in such a manner as to create a vision of?
The project manager communicates the objective to the project team in such a manner as to create a vision of what the desired outcome of the project will be.
The project manager will need to clearly and concisely explain the objective to the team, making sure that all the details are outlined. Additionally, the project manager should be able to provide examples of how the goal will be achieved, so that the project team can understand what is expected of them.
Furthermore, the project manager should be able to provide incentives to the project team to motivate them to reach the goal. This can be in the form of rewards or recognition for completing tasks or reaching objectives. Finally, the project manager should always be able to provide feedback and direction on any problems or difficulties that may arise during the project. By providing a clear vision of the desired outcome and supporting it with practical methods for reaching it, the project manager can successfully create a vision of what the project should be.
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a corporation that operates in texas but is incorporated in nevada is viewed as a a.public corporation in nevada. b.foreign corporation in texas. c.foreign corporation in nevada. d.public corporation in texas.
A corporation that operates in Texas but is incorporated in Nevada is viewed as a foreign corporation in Texas. This is because, while the company may be incorporated in Nevada, it is conducting business activities within the state of Texas and therefore subject to the state’s regulations. Therefore, it is classified as a foreign corporation in Texas and a public corporation in Nevada. The correct option is b.
A corporation that operates in Texas but is incorporated in Nevada is viewed as a foreign corporation in Texas. A foreign corporation is an out-of-state business that has qualified to do business in a state other than its own. This means that the corporation has followed the necessary legal procedures to conduct business in Texas.
When a corporation is incorporated in Nevada, it is viewed as a public corporation in Nevada. This means that the corporation is legally recognized in the state of Nevada, and it can conduct business within its borders. However, when the corporation does business in other states, it is considered a foreign corporation.
In the case of a corporation operating in Texas, it is considered a foreign corporation because it is incorporated in Nevada but operates in Texas. The corporation must register with the Texas Secretary of State and file an Application for Registration as a Foreign Corporation.
The Application for Registration as a Foreign Corporation requires the corporation to provide specific information such as the corporation's name, its registered agent, its office address, and the names and addresses of its officers and directors. By registering as a foreign corporation, the corporation can legally conduct business in Texas.
In summary, a corporation that operates in Texas but is incorporated in Nevada is viewed as a foreign corporation in Texas. It is required to register with the Texas Secretary of State to conduct business in Texas, while it is viewed as a public corporation in Nevada.
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a company reports total assets of $950,000 and stockholders' equity of $550,000. calculate the debt ratio. group of answer choices 36.67% 72.73% 42.11% 57.89%
The debt ratio is 42.11%. This means that 42.11% of the company's total assets are financed through debt. Thus, Option C is correct.
To calculate the debt ratio, you divide the total liabilities by the total assets. In this case, the total assets are $950,000 and the stockholders' equity is $550,000, so the total liabilities must be:
Total liabilities = Total assets - Stockholders' equityTotal liabilities = $950,000 - $550,000Total liabilities = $400,000Then, you divide the total liabilities ($400,000) by the total assets ($950,000) to get the debt ratio:
Debt ratio = Total liabilities / Total assetsDebt ratio = $400,000 / $950,000Debt ratio = 0.4211 or 42.11%This means that 42.11% of the company's total assets are financed through debt, while the remaining 57.89% are financed through stockholders' equity. Option C is correct.
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werner chemical, inc., leased a protein analyzer on september 30, 2021. the five-year lease agreement calls for werner to make quarterly lease payments of $355,655, payable each september 30, december 31, march 31, and june 30, with the first payment at september 30, 2021. werner's incremental borrowing rate is 16%. amortization is recorded on a straight-line basis at the end of each fiscal year. the useful life of the equipment is five years. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) required: 1. determine the present value of the lease payments at september 30, 2021. 2. what pretax amounts related to the lease would werner report in its balance sheet at december 31, 2021? 3. what pretax amounts related to the lease would werner report in its income statement for the year ended december 31, 2021? 4. what pretax amounts related to the lease would werner report in its statement of cash flows for the year ended december 31, 2021?
The present value of the lease payments at September 30, 2021 is $1,262,747.
What is Lease Payment?
A lease payment is a recurring payment made by a lessee to a lessor in exchange for the right to use an asset, such as property, equipment, or vehicles, for a specified period of time. The terms of lease payments are typically outlined in a lease agreement, which may include the amount and frequency of payments, as well as other terms and conditions of the lease.
To determine the present value of the lease payments at September 30, 2021, we can use the present value of an annuity formula.
PMT = $355,655
i = 4% (16%/4 quarters)
n = 20 (5 years * 4 quarters)
Using the PV of an annuity table, the present value of the lease payments is $1,262,747.
At December 31, 2021, Werner would report the following amounts related to the lease in its balance sheet:
Right-of-use asset: $1,133,398 ($1,262,747 PV of lease payments - $129,349 lease payment made on September 30, 2021)
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explain why the total return from holding a bond to maturity will be between the yield to maturity and the reinvestment rate.
The total return from holding a bond to maturity is typically between the yield to maturity and the reinvestment rate. This is due to the effect of compounding interest. The yield to maturity is the rate of return on a bond if it is held to maturity and all payments are reinvested at the same rate.
The reinvestment rate is the rate at which all coupon payments made during the holding period are reinvested.
When a bond is purchased, it typically pays periodic interest payments known as coupons. The coupon payments are then reinvested at the prevailing reinvestment rate. This means that each coupon payment earns more interest when it is reinvested. Over time, the amount of reinvested interest compounds, leading to a higher return than the initial yield to maturity. This compounding effect is what leads to the total return being between the yield to maturity and the reinvestment rate. In summary, the total return from holding a bond to maturity will be between the yield to maturity and the reinvestment rate due to the effect of compounding interest.
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teams at rockstar software corp. often operate in silos. based on this fact, will the company be a successful learning organization?
By taking steps to break down the silos and promote collaboration, creativity, and learning, Rockstar Software Corp. can become a successful learning organization.
Rockstar Software Corp. is facing a common challenge in many organizations: operating in silos. Silos are created when teams become isolated from one another, meaning that communication and collaboration are limited or nonexistent. This can have a major impact on the ability of the organization to effectively learn from its experiences.
In order to become a successful learning organization, it is essential that the silos be broken down. To do this, Rockstar Software Corp. must focus on collaboration between teams, creating a culture of shared knowledge and open communication. This will help the organization to recognize and learn from the experiences of each team, leading to greater efficiency and innovation.
In addition, Rockstar Software Corp. must put in place a framework for training and development. Employees should have the opportunity to develop their skills and acquire new knowledge in order to drive the company’s growth. Finally, the company should strive to encourage creativity and innovation. This will help to create an environment of learning, where employees can collaborate, challenge each other, and learn from their mistakes.
By taking steps to break down the silos and promote collaboration, creativity, and learning, Rockstar Software Corp. can become a successful learning organization.
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steeler manufacturing uses an unrelated diversification strategy throughout its operations. for instance, steeler has five core businesses, all of which are unrelated. each of its businesses is large and indicates steeler's success in implementing an unrelated diversification as a firm. a. low diversified b. very highly diversified c. moderately to highly diversified d. nondiversified
Steeler Manufacturing uses a Moderately to highly diversified strategy throughout its operations (option c).
A moderately to highly diversified strategy is being used by Steeler Manufacturing throughout its operations. When an organization adopts a diversified strategy, it spreads its operations across numerous markets or regions. There are three types of diversification strategies:
Low, moderate, and high.
The most common type of diversification is moderate diversification, in which a company enters a new market or industry that is unrelated to its present business. It implies that the company operates several businesses that are unrelated but still fits under the company umbrella.
For instance, the Walt Disney Corporation is known for its movies, but it also operates a theme park, owns ESPN, and produces books and here all these operations are core businesses of Walt Disney Corporation.
Therefore, Steeler manufacturer is Moderately to highly diversified (option c).
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fiscal policy problem set pdf assume that the marginal propensity to consume is 0.8, and the potential output is $800 billion. the government spending multiplier is:
The fiscal policy problem set assumes that the marginal propensity to consume is 0.8, and the potential output is $800 billion. The government spending multiplier is 5.
This is calculated by the formula:
Government Spending Multiplier = 1 / (1 - MPC), where MPC is the marginal propensity to consume.
Substitute the given values in the formula,
We know that MPC = 0.8. So, the government spending multiplier is given as follows:
Government Spending Multiplier = 1 / (1 - 0.8) = 1 / 0.2 = 5
Therefore, the government spending multiplier is 5.
Content loaded fiscal policy refers to the deliberate use of government expenditure and taxation to alter the level and composition of the government's demand and output for goods and services.
Marginal propensity refers to the proportion of a change in a person's disposable income that is spent on additional consumption or saving. It is defined as the change in consumption divided by the change in disposable income.
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agile development methodologies work best for large scale projects. question 9 options: true false
The given statement "Agile development methodologies work best for large-scale projects" is false.
Agile software development is a set of techniques and philosophies used to develop software. Agile methodologies focus on lightweight processes and flexibility, where requirements and solutions evolve through the collaborative effort of self-organizing and cross-functional teams.
Agile development methodologies are not always the most appropriate choice for large-scale projects. While agile approaches can scale, it requires significant changes in the way software development teams operate. Agile development methodologies have several features that make them suitable for small projects, such as the following:
Self-organizing teamsAdaptability and flexibilityIterative developmentWhile Agile development methodologies are effective for small to medium-sized projects, large-scale projects typically require more planning and oversight. The development team may require detailed specifications, which go against the agile methodology's principles. As a result, a traditional methodology may be more effective for large-scale projects. In summary, Agile development methodologies work best for small to medium-sized projects.
The statement that agile development methodologies are most effective for large-scale projects is false, as other methodologies may be more suitable for such projects.
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which of the following statements is true for a company that maintains beginning and ending work in process and finished goods inventories? multiple choice if the company closes its underapplied overhead entirely to cost of goods sold it will cause net operating income to be lower than the net operating income reported if the company had closed its underapplied overhead proportionally to work in process, finished goods, and cost of goods sold. if the company closes its underapplied overhead entirely to cost of goods sold it will cause net operating income to be higher than the net operating income reported if the company had closed its underapplied overhead proportionally to work in process, finished goods, and cost of goods sold. if the company closes its underapplied overhead entirely to cost of goods sold it will cause net operating income to be the same as the net operating income reported if the company had closed its underapplied overhead proportionally to work in process, finished goods, and cost of goods sold. if the company closes its underapplied overhead entirely to cost of goods sold it will cause the gross margin to be higher than the gross margin reported if the company had closed its underapplied overhead proportionally to work in process, finished goods, and cost of goods sold.
if the company closes its underapplied overhead entirely to cost of goods sold it will cause net operating income to be higher than the net operating income reported if the company had closed its underapplied overhead proportionally to work in process, finished goods, and cost of goods sold.
When a company closes its underapplied overhead entirely to cost of goods sold, it reduces the cost of goods sold and thus increases the net operating income as compared to when the overhead was closed proportionally to work in process, FINISHED GOODS INVENTORIES, and cost of goods sold.
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true or false: the statement of shareholders' equity indicates the changes in the various permanent equity accounts.
True. The statement of shareholders' equity is a financial statement that indicates the changes in the various permanent equity accounts of a company.
Providing information on the sources and uses of equity during a specified period and is an important tool for evaluating a company's financial health and performance.
The statement of shareholders' equity is a financial statement that indicates the changes in the various permanent equity accounts of a company, such as common stock and retained earnings. It shows how these accounts have changed over a specified period, such as a year or a quarter, and provides information on the sources and uses of equity during that time. The statement of shareholders' equity is an important tool for investors and analysts to evaluate a company's financial health and performance.
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If the money supply in an economy is increased by 5%, the velocity of money is constant, and output is growing at 3%, then
a) the real GDP will increase by 5%
b) the price level will not change
c) the nominal GDP will increase by 3%
d) the price level will increase by 2%
e) the nominal GDP will decrease by 5%
If the money supply in an economy is increased by 5%, the velocity of money is constant, and output is growing at 3%, then the price level will increase by 2%. The correct answer is option d.
1. According to the Quantity Theory of Money, we have the equation: M x V = P x Y, where M is the money supply, V is the velocity of money, P is the price level, and Y is the real output (GDP).
2. Since the velocity of money is constant, we can focus on the changes in M, P, and Y.
3. Given the money supply (M) increases by 5% and real output (Y) grows by 3%, we can write this equation: (1.05M) x V = P' x (1.03Y).
4. Since V is constant, we can divide both sides of the equation by V: 1.05M = P' x (1.03Y).
5. Next, divide both sides of the original equation (M x V = P x Y) by V: M = P x Y.
6. Now, divide the modified equation
(1.05M = P' x (1.03Y)) by the simplified original equation (M = P x Y): 1.05 = (P'/P) x 1.03.
7. Solve for P'/P (the percentage change in the price level):
P'/P = 1.05 / 1.03 ≈ 1.02.
8. Convert this ratio to a percentage increase: (1.02 - 1) x 100% = 2%.
So, the price level will increase by 2%. Therefore option d is correct.
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According to the text, an employee who does not identify with their organization may experience ________________.
A. social identity crisis
B. decreased satisfaction
C. limited opportunities
D. higher OCB
E. limited feedback
According to the text, an employee who does not identify with their organization may experience decreased satisfaction. Option B is correct.
Organizational identification is the degree to which a worker identifies with their organization's values and goals, considers the organization to be an important aspect of themselves, and is proud of their association with it. Organizational identification is a significant predictor of a worker's work attitudes, behavior, and job satisfaction. Employees that feel a strong sense of identification with their organization are more likely to be satisfied with their job and committed to them, and are more likely to engage in organizational citizenship behavior.
According to the text, an employee who does not identify with their organization may experience decreased satisfaction. As a result, it can be inferred that organizational identification is critical for job satisfaction and that a lack of it can have negative consequences. In summary, the correct option is B. decreased satisfaction. Option B is correct.
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knowledge check 01 which of the following is an example of a current asset? multiple choice common stock supplies accounts payable equipment
The following is an example of a current asset, Out of the given options, common stock, accounts payable, and equipment are not examples of current assets.
Therefore, the correct answer to the given question is "stock supplies". Explanation: Current assets are those that can be easily converted into cash within a year. They include cash and cash equivalents, accounts receivable, stock supplies, inventory, and prepaid expenses.
Common stock refers to the shares issued by a company and does not fall under the category of current assets. Similarly, accounts payable is a liability and not an asset, while equipment is classified as a fixed asset as it is used in business operations for an extended period of time.
Stock supplies, on the other hand, are used in the production or sale of goods and are considered current assets as they are likely to be converted into cash within a year. Examples of stock supplies include raw materials, work-in-progress, and finished goods.
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what is the theory of liquidity preference? how does it help explain the downward slope of the aggregate demand curve
The theory of liquidity preference was developed by John Maynard Keynes.
It explains that people hold money for three reasons: transactional, precautionary, and speculative.
The speculative motive is the most important for understanding how liquidity preference affects the aggregate demand curve. The speculative motive is the desire to hold money as a store of value.
When interest rates are high, people are more likely to invest in bonds, which offer a higher rate of return than holding money. As a result, the demand for money falls.
When interest rates are low, people are less likely to invest in bonds because they offer a lower rate of return. As a result, the demand for money increases.
The demand for money affects the money market, which in turn affects the interest rate. The downward slope of the aggregate demand curve can be explained by the relationship between interest rates and investment.
When interest rates are high, investment is low. When interest rates are low, investment is high. Investment is a component of aggregate demand, so when investment is low, aggregate demand is low.
When investment is high, aggregate demand is high. Therefore, the aggregate demand curve is downward sloping.
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The Theory of Liquidity Preference states that, when people have a choice between holding money and holding bonds, they will generally prefer to hold money, resulting in a downward sloping aggregate demand curve.
In other words, people are more likely to keep their money liquid (in the form of cash) than to invest in long-term bonds, meaning that the demand for bonds is lower than for money, resulting in a lower overall demand for goods and services.
This in turn results in a downward sloping aggregate demand curve, as people have a lower incentive to purchase goods and services as the price increases.
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the market development index is equal to the . question 4 options: product of current market demand and market potential. ratio of market potential and market growth.
The market development index is equal to the ratio of market growth demand and market potential.
The Market Development Index (MDI) is a score that assesses a given market's potential to attract investment and increase its economic growth. MDI is utilized to evaluate emerging markets' attractiveness to international investors, as well as to assess the development of a nation's market. The MDI score is arrived at using a range of indicators, including economic indicators, infrastructure, regulatory and political environment, and investment climate.
The Market Development Index is calculated as a ratio of the potential market size to the actual market size. The potential market size is determined by studying the existing market size, the total number of households, and the growth rate of new markets. The actual market size, on the other hand, is determined by calculating the number of households that are currently buying the goods or services. The MDI ranges from zero to one, with a score of one indicating that the market's potential is fully utilized.
Therefore, the correct option is Market developmental index is ratio of market demand and market potential.
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your grandma promises you a gift of $100 for your birthday. later, she decides she doesn't want to give you the money. is this a breach of a contract?
Your grandma promises you a gift of $100 for your birthday. Later, she decides she doesn't want to give you the money. This is not a breach of contract as no gifts are not contracts.
A contract is an agreement that outlines specific, legally binding rights and duties that apply to two or more parties that have reached a consensus. The transfer of commodities, services, money, or a promise to transfer any of those at a later time are common components of contracts. The damaged party may seek legal remedies like damages or rescission in the event of a contract breach. A treaty is a legally binding agreement between parties under international law.
Agreements must be kept, which is the foundation of contract law, a branch of the law of obligations that deals with contracts. Contract law differs from one jurisdiction to another, like other aspects of private law.
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which company has so successfully used the tax system to avoid paying taxes that it paid no corporate income tax in 2010 on reported profits of $14 billion?
In 2010, Apple Inc. reported profits of $14 billion and paid no corporate income tax. The company has successfully used the tax system to avoid paying taxes.
It is reported that in 2010, Apple Inc. paid no corporate income tax despite reporting profits of $14 billion. This suggests that the company has used tax strategies to reduce or eliminate its tax liability. It is important to note that such tax strategies are legal and commonly used by corporations to minimize their tax burden. However, this has also led to criticism from some who argue that these practices are unfair and contribute to income inequality.
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suppose that a firm in a competitive market is currently maximizing its short-run profit at an output of 50 units. if the current price is $9, the marginal cost of the 50th unit is $9, and the average total cost of producing 50 units is $4, what is the firm's profit?
The profit of a firm in a competitive market that is currently maximizing its short-run profit at an output of 50 units, with a price of $9, a marginal cost of $9 for the 50th unit, and an average total cost of $4 for 50 units is $250.
In the short run, a company that is a price taker will maximize its profits by producing the level of output at which the marginal cost equals the marginal revenue. Because marginal cost is equal to $9 for the 50th unit, the company should not produce any more units. For the 50th unit, the price is equal to $9, which is the same as the marginal cost. Because the ATC is $4, the firm makes $5 in profit per unit.
The company's profit is $250 (25 x $5 - $4 x 50 = $250), where 25 is the number of units produced (50 units minus 25 units equals 25 units). As a result, the firm will maximize profits at 25 units, earning $250 in profit.The above answer shows that the profit of a company in a competitive market that is currently maximizing its short-run profit at an output of 50 units, with a price of $9, a marginal cost of $9 for the 50th unit, and an average total cost of $4 for 50 units is $250.
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what is the effect on the money supply when the federal reserve purchases u.s. treasury securities in the open market?
When the Federal Reserve purchases US Treasury securities in the open market, the effect on the money supply is an increase.
When the Federal Reserve purchases US Treasury securities in the open market, this action is referred to as open market operations (OMO).The impact of OMO is either an increase or a decrease in the money supply. The Federal Reserve uses these operations to stabilize the economy. When the Federal Reserve purchases US Treasury securities in the open market, it increases the money supply.
The Federal Reserve makes money available to banks by doing this. Banks, in turn, are able to lend to customers since they have more funds available. When there is more money in circulation, it can boost the economy by increasing the number of transactions and making it easier for people to obtain loans.
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a newly issued bond has a coupon rate of 5 percent and semiannual interest payments. the bonds are currently priced at par. the effective annual rate provided by these bonds must be
The effective annual rate provided by a newly issued bond with a coupon rate of 5% and semiannual interest payments priced at par is also 5%.
A bond's coupon rate is the percentage of its par value that the bond issuer agrees to pay the bondholder each year. This payment is known as a coupon payment, and it is made semiannually for most bonds. The par value of a bond is the amount of money that the bond issuer promises to pay the bondholder when the bond reaches maturity, which is typically a number of years after the bond is issued.
The effective annual rate (EAR) of a bond is the rate of return that an investor can expect to earn on the bond when taking into account both the bond's coupon payments and its price. The EAR of a bond takes into account the time value of money and the reinvestment of coupon payments into new investments that earn the bondholder additional interest. As a result, the EAR of a bond is frequently higher than the bond's coupon rate.
The effective annual rate can be calculated using the following formula:
EAR = (1 + i/m)m - 1
where i is the bond's annual coupon rate, and m is the number of coupon payments made each year.
The effective annual rate provided by a newly issued bond with a coupon rate of 5% and semiannual interest payments priced at par is also 5%.
EAR = (1 + 0.05/2)2 - 1
EAR = (1.025)2 - 1
EAR = 0.0506 or 5.06%
Therefore, the EAR provided by the bond is greater than 5%.
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every time we choose to do one thing, we give up doing something else. this best describes the economic principle of:
This best describes the economic principle of opportunity cost. Opportunity cost is the cost of an alternative that must be foregone in order to carry out a certain action. When we choose to do one thing, we are giving up doing another, so we have an associated opportunity cost.
Therefore, it is important to carefully consider the cost of sacrificing opportunity before making a decision. This helps us make more informed decisions and get the best return for our resources.
In conclusion, the opportunity principle is a fundamental concept in economics because it helps us evaluate the costs and benefits of doing one thing instead of another. This evaluation allows us to make decisions based on costs and benefits, which helps us maximize the use of our resources.
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