Answers
Answer: C. In industries with a strong economies of scale, efficiency tend to increase as the number of firms decrease. As each firm increases its output, it's cost per unit fall. This means that fewer firms each producing higher output leads to greater efficiency than more firms each producing lower output.
Explanation:
Economies of scale refers to the cost savings made as a result of more production occurring. In other words, efficiency leads to costs decreasing as production increases.
In an industry with strong economies of scale therefore, efficiency will increase as the number of firms decreases because this will allow the remaining firms to increase their production and enjoy economies of scale.
Related Questions
One of the most strategies in developing a strong sense of personal responsibility is to what
Answers
Answer:
Take responsibility for your thoughts, feelings, words, and actions.
Explanation:
There are various strategies to take in developing a strong sense of personal responsibility, one of the topmost strategies is to "Take responsibility for your thoughts, feelings, words, and actions."
This will surely help in determining how to react to situations, without being pushed by others or blame others for the outcome.
Also, it will not affect your perception and duty to yourself. But rather spur you to do what you believe in and what will benefit you.
On January 2, Yorkshire Company acquired 29% of the outstanding stock of Fain Company for $440,000. For the year ended December 31, Fain Company earned income of $114,000 and paid dividends of $35,000. Prepare the entries for Yorkshire Company for the purchase of the stock, the share of Fain income, and the dividends received from Fain Company.
Answers
Answer:
1. Jan 2 Dr Investment in Fain company stock$440,000
Cr Cash $440,000
2. Dec 31 Dr Investment in Fain company stock 33,060
Cr Income of Fain company 33,060
3. Dec 31 Dr Cash $10,150
Cr Investment in Fain company stock $10,150
Explanation:
Preparation of the entries for Yorkshire Company for the purchase of the stock, the share of Fain income, and the dividends received from Fain Company.
1.Preparation of the entries for Yorkshire Company for the purchase of the stock
Jan 2 Dr Investment in Fain stock$440,000
Cr Cash $440,000
2. Preparation of The journal entry for the share of Fain income
Dec 31 Dr Investment in Fain stock 33,060
Cr Income of Fain company 33,060
(29%* $114,000)
3. Preparation of the journal entry for the dividends received from Fain Company.
Dec 31 Dr Cash $10,150
Cr Investment in Fain company stock $10,150
(29%$35,000)
year to date, company y had earned a 7 percent return. during the same time peropd, company r earned 9.25 percent and company c earned -2.25 percent. if you have a portfolio made up of 35 percent y, 40 percent r and 25 percent c, what is your portfolio return
Answers
Answer:
the portfolio return is 5.5875%
Explanation:
The computation of the portfolio return is shown below;
Company Return Investment % Return × Investment
Y 7% 35% 2.4500%
R 9.25% 40% 3.7000%
C -2.25% 25% -0.5625%
Total 5.5875%
Hence, the portfolio return is 5.5875%
Leasing a car for a short time is usually cheaper than buying the same car since __________.
a.
insurance premiums are lower for leased cars
b.
leasing generally comes with a lower interest rate
c.
people who lease cars are considered more responsible than those who buy
d.
in leasing a car you pay only for the depreciation of the car rather than the total value
Answers
Answer:
D
Explanation:
For a person to Lease a car for a short time is said to be cheaper than buying the same car since in leasing a car you pay only for the depreciation of the car rather than the total value.
Is Leasing a car cheaper then buying the same car?The purchasing of a vehicle after the lease can save you a lot of extra fees and penalties.
Leasing a car has its own benefits that do appeal to a lot of drivers. it is said to Lower monthly payments.
Learn more about Leasing from
https://brainly.com/question/24460932
Classical economists stress the importance of aggregate ________ and generally believe that the economy ________ to reach full-employment equilibrium on its own.
Answers
Answer: a. Supply
b. Adjust back
Explanation:
Classical economics explains the importance off aggregate supply, and the ability of an economy to adjust back to achieve it full employment equilibrium without help or assistance but by itself.
By attaining equilibrium it means that Owing to the fair operation of opposing forces, a state of rest or equilibrium. Equal balance of any forces, or factors.
NYC Marketing gave celebrities new, frayed caps with the logo for its sanitation department, which are available for sale online and in city souvenir shops. This is an example of __________________ marketing. Group of answer choices
Answers
Answer: Buzz
Explanation:
Based on the information given in the question, the above marketing is an example of buzz marketing. Buzz marketing is using wore of mouth in such a way that it'll work in ones favour whereby people will eventually start sharing it on their own or start talking about that product.
Since NYC Marketing gave celebrities new, frayed caps with the logo for its sanitation department, this can motivate people to start buying the goods sold by the company.
8. Consider the following alternatives: i. $100 received in one year ii. $200 received in 5 years iii. $300 received in 10 years a. Rank the alternatives from most valuable to least valuable if the interest rate is 10% per year. b. What is your ranking if the interest rate is only 5% per year? c. What is your ranking if the interest rate is 20% per year?
Answers
Answer:
200 option > 300 option > 100 option
300 option > 200 option. > 100 option
100 option > 200 option > 300 option
Explanation:
Given that:
At 10% interest rate:
Amount / (1 + rate)^n ; n = Period ;
Amount of $100 in 1 year
100/(1 + 0.1)^1 = 90.909
Amount $200 in 5 years :
200/(1+0.1)^5 = 124.184
Amount $300 in 10 years :
300/(1+0.1)^10 = 115.663
$200 option > 300 option > 100 option
When rate = 5% per year
Amount of $100 in 1 year
100/(1 + 0.05)^1 = 95.238
Amount $200 in 5 years :
200/(1+0.05)^5 = 156.705
Amount $300 in 10 years :
300/(1+0.05)^10 = 184.174
300 option > 200 option. > 100 option
When rate = 20% per year
Amount of $100 in 1 year
100/(1 + 0.2)^1 = 83.333
Amount $200 in 5 years :
200/(1+0.2)^5 = 80.376
Amount $300 in 10 years :
300/(1+0.2)^10 = 48.452
100 option > 200 option > 300 option
A painting operation is performed by a production worker at a labor cost of $1.40 per unit. A robot spray-painting machine, costing $15,000, would reduce the labor cost to $0.20 per unit. If the device would be valueless at the end of 3 years, what is the minimum number of units that would have to be painted each year to justify the purchase of the robot machine
Answers
Answer:
4,167 units
Explanation:
The computation of the minimum number of units that should be painted is as follows;
Let us assume the number of units in 3 years be x
So the labor cost without the machine is 1.4x
And, the Labor cost with the machine is 0.2x + $15000
Now the equation is
1.4x = 0.2 x + $15,000
x = $12500
Now
For Each year, it is
= $12,500 ÷ 3
= 4,167 units
A retail outlet for Boxo-witz Calculators sells 720 calculators per year. It costs $2 to store one calculator for a year. To reorder, there is a fixed cost of $5, plus $2.50 for each calculator. How many times per year should the store order calculators, and in
Answers
Answer:
The store should order 60 calculators, 12 times per year to minimize inventory cost.
Explanation:
Given that;
Annual demand = 720 calculators
Holding cost (Storage cost) (H) = $2 per calculator
Ordering cost (D) = $5
Economic order quantity (EOQ)
= √ 2 × A × D / H
= √ (2 × 720 × $5) / $2
= √ $7,200 / $2
= √ 3,600
= 60 calculators
Number of orders per year
= Annual demand ÷ EOQ
= 720 ÷ 60
= 12 times
Therefore, the store should order 60 calculators 12 times per year to minimize inventory cost.
Uncollectible accounts are determined by the percent-of-sales method to be % of credit sales. How much is uncollectible-account expense for ?
Answers
Answer:
$1,160
Explanation:
Hie, I have attached the full question as an image below.
The firm usually makes provision for certain amounts so as not to overstate their profits. This expected as it is prudent than reporting profits that might never occur. Provisions of Uncollectible accounts are examples of such amounts.
An increase in Uncollectible amount compared to the opening balance is treated as an Expense in the Income Statement whilst a decrease is treated as an Income.
For this question, we are told that Uncollectible accounts are determined by the percent-of-sales method to be 4% of credit sales. Thus calculation of the 2012 uncollectible-account expense is as follows :
Credit Sales - 2012 = $44,000
Beginning Balance in allowances = $600
Therefore,
Uncollectable Amount (2012) = Credit Sales x percent-of-sales
= $44,000 x 4%
= $1,760
The Uncollectable amount has increased by $1,160 ($1,760 - $600)
Conclusion :
The collectible-account expense for 2012 is $1,160
Management needs to be prepared to deal with problems and seize opportunities as they arise. A company often identifies alternative courses of action to be taken if events undercut a strategic or tactical plan. These are called _____ plans.
Answers
Answer:
contingency.
Explanation:
Management needs to be prepared to deal with problems and seize opportunities as they arise. A company often identifies alternative courses of action to be taken if events undercut a strategic or tactical plan. These are called contingency plans.
A contingency plan can be defined as a set of alternative plans that are designed and developed by an organization for continuous operation of the business in case of an emergency or when there is a failure in the primary (core) plan.
An investor company owns 30% of the outstanding common stock of an investee company, which allows the investor to exercise significant influence over the investee. The Equity Investment was reported at $500,000 as of the end of the previous year. During the year, the investor received dividends of $60,000 from the investee. The investee reports the following income statement for the year:
Answers
Answer:
Note: The full question is attached as picture below
a. Equity income that the investor should report in its income = Net income * Investor share = 400,000 * 30% = $120,000
b. Particulars Amount
Equity investment opening 500,000
Add: Equity income 120,000
Less: Dividend paid 60,000
Equity investment at end of year 560,000
c. The fair value of the Investee company will remain at adjusted cost. and the investment is not adjusted to fair value
If the direct labor rate variance is $500 favorable, and the direct labor efficiency variance is $250 unfavorable, the journal entry will include a: (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) check all that apply Debit to direct labor rate varianceunanswered Credit to direct labor rate varianceunanswered Debit to direct labor efficiency variance Credit to direct labor efficiency variance
Answers
Answer:
Debit to direct labor efficiency variance
Credit to direct labor rate variance
Explanation:
Preparation the journal entry
Based on the information given in a situation where the direct labor rate variance is favorable with the amount of $500 which means that the FAVOURABLE VARIANCE will be CREDITED and in a situation where the direct labor efficiency variance is unfavorable with the amount of $250 which means that that UNFAVORABLE VARIANCE will be DEBITED reason been that FAVOURABLE VARIANCE are tend to be CREDITED while UNFAVORABLE VARIANCE on the other hand are tend to be DEBITED .
Therefore the journal entry will include a:
Debit to direct labor efficiency variance (UNFAVORABLE)
Credit to direct labor rate variance (FAVOURABLE)
Brenda wants to find the amount of dividend pald to the shareholders by JSL Inc. In which statement will JSL Inc. specifically show the dividends
pald to shareholders?
OA
trial balance
OB. balance sheet
Ос.
Income statement
OD
statement of retained earnings
ОЕ
cash flow statements
Answers
Answer:
statement of retained earnings
Explanation:
Retained earnings are the profits that a business opts not to distribute to shareholders. They are part of the shareholder's equity.
The statement of retained earnings shows the balance of retained earnings at the end of a period. Retained earnings are increased by profits and decreased by dividends paid. Preparing the statement of retained earnings involves adding net income to beginning retained earnings.
Dividends paid are subtracted from that total.
Therefore, the dividend paid out will feature in the statement of retained earnings.
A Company issued a one-year, 9%, $200,000 note on June 1, 2019. Interest
expense for the year ended December 31, 2019 was:
O $18,000
O $13,500
O $12,000
O $10,500
O None of the above
Answers
Answer:
O None of the above
Explanation:
The expenses at the end of December 31, 2019, will be 6 months interest.
Interest = p x r x t
in this case
p= $200,000
r=9% or 0.09
t= 6 months or 0.5 years
Interest = $200,000 x 0.09 x 0.5
Interest = $ 18,000 x 0.5
Interest = $9,000
Campbell, a single taxpayer, earns $400,000 in taxable income and $2,000 in interest from an investment in State of New York bonds. (Use the U.S. tax rate schedule). Required: If Campbell earns an additional $15,000 of taxable income, what is her marginal tax rate on this income
Answers
Answer: 35%
Explanation:
First and foremost, we've to calculate the amount that will be taxed on $400000 which will be:
= $46628.50 + ($400000-$204100) × 35%
= $46628.50 + ($400000-$204100) × 0.35
= $46628.50 + $68565
= $115193.5
When earns an additional $15,000 of taxable income, this means her total taxable income will be:
= $400,000 + $15,000
= $415000
Therefore, the tax amount on $415000 will be:
= $46628.5 + ($415000 - $204100) × 35%
= $46628.5 + ($415000 - $204100) × 0.35
= $120443.5
Marginal Tax rate will then be calculated as:
= change in Tax / change in Taxable income
= ($120443.5 - $115193.5) / ($415000 - $400000)
= $5250 / $15000
= 35%
g A debit is used to record which of the... A debit is used to record which of the following: Multiple Choice A decrease in an asset account. A decrease in an expense account. An increase in a revenue account. An increase in the common stock account. An increase in the dividends accoun
Answers
Answer:
An increase in dividends account
Explanation:
In accounting, a debit is used to record an increase in asset, an increase in expense and a decrease in liability.
With regards to the above, the correct option is an increase in dividends account because dividend is a current asset hence a debit records an increase in assets. Dividend is the returns paid to an investor or shareholder who invest or buys shares in a company. It is the reward paid to an investor for investing in a company.
Blue Ivy Inc. has the following transactions for the month of March: Issued common stock $60,000 Purchased land by paying cash $100,000 Paid expenses $25,000 Earned cash fees $75,000 As a cumulative result of these transactions, the liquidity of Blue Ivy Inc.:
Answers
Answer:
$10,000
Explanation:
Blue Ivy's statement of cash flow:
+ cash from operating activities (earned cash fees - paid expenses) $50,000
- cash from investing activities (buying land) $100,000
+ cash from financing activities (issuing new stocks) $60,000
net cash flow for the month = $10,000
Most professional organizations in the accessory design field are defined by:
ОА.
the region of the United States where the accessories are popular.
OB.
those that work with minerals and those that do not.
C.
how long one has been in the accessory design business.
OD
the type of accessory made.
Answers
Answer:
the type of accessory made
Explanation:
Accessories, are hard to hard produce. This difficulties exist in product that relied a lot on its artistic sense to determine their value.
Because of this, a lot of professional organizations in the accessory designed field relied a lot on brand awareness of the consumers to increase the value of their product in the market.
By focusing on one specific type of accessory, a company can associate the name of their brand with that specific type of items. This will create a niche segmentation in the consumers' head that make them remember the company every time they felt that they're seeking for that one specific type of accessory.
In November 2009, Perrigo Co. (PRGO) had a share price of $39.20. They had 191.33 million shares outstanding, a market-to-book ratio of 3.76. In addition, PRGO had $845.01 million in outstanding debt, $163.82 million in net income, and cash of $257.09 million. Perrigo's earnings per share (EPS) is closest to: Group of answer choices $0.86 $1.79 $2.81 $3.76
Answers
Answer:
$0.86
Explanation:
Earnings per Share = Earnings attributable to holders of Common Stock ÷ Weighted Number of Common Stocks Outstanding.
where,
Earnings attributable to holders of Common Stock = $163.82 million
and,
Weighted Number of Common Stocks Outstanding = 191.33 million
Therefore
Earnings Per Share = $163.82 million ÷ 191.33 million
= $0.86
Carlos recognizes that if he visits his aunt on Saturday, he'll miss his brother's football game. The economic principle best embodied by this story is:
Answers
Answer: Opportunity cost
Explanation:
The economic principle best embodied by this story is the opportunity cost. Opportunity cost is the cost of what one forgoes when one takes an alternative decision.
In this case, the opportunity cost of him visiting his aunt will be the lost opportunity which he could have used to watch his brother play.
The financial analysis component of a business plan is to describe
a. how your business will be organized and what type of management or department structure
your business will have
b. the ?big picture? behind your business, what your business has to offer the consumer, and
why your business will be successful
c. the size of the market, how your business will fit into the market, and how your business will
stand out from other businesses in the market
d. where the funds to start and operate your business will come from, when you expect to see
profit, and how much profit you expect to see
Answers
Answer:
Option D
Explanation:
Option D explains more in terms of financial aspects
Answer:
D.where the funds to start and operate your business will come from, when you expect to see profit, and how much profit you expect to see.
Explanation:
Did on edge 2021
If the owner contributes $19,400 and net income is $15,900, how much did the owner withdraw (owner, withdrawals)
Answers
Answer:
The owner withdrew $8,300
Explanation:
As per given Data
_______________ Assets ____Liabilities
Beginning of Year: $25,000 ___$17,000
End of Year: _____$62,000 ___$27,000
First, we need to the Beginning and Ending Equity value using following formula
Equity = Assets - Liabilities
Beginning Equity = Beginning Assets - Beginning Liabilities
placing values in the formula
Beginning Equity = $25,000 - $17,000 = $8,000
Ending Equity = Ending Assets - Ending Liabilities
placing values in the formula
Beginning Equity = $62,000 - $27,000 = $35,000
Now use the following formula to calculate the amount of drawing
Ending Equity = Beginning Equity + Contribution + Net Income - Owner withdrawal
Placing values in the formula
$35,000 = $8,000 + $19,400 + $15,900 - Owner withdrawal
$35,000 = $43,300 - Owner withdrawal
Owner withdrawal = $43,300 - $35,000
Owner withdrawal = $8,300
All of the fixed manufacturing overhead costs would continue whether Part B89 is made internally or purchased from an outside supplier. Moon Appliance has no alternative use for its manufacturing facilities. Nadal Parts Company has offered to sell 9,000 units of Part B89 to Moon Appliance for $20.00 per unit. What should Moon Appliance do
Answers
Answer:
The correct option is a. Make the new product and buy the part to earn an extra $1.00 per unit contribution to profit.
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question as follows:
Moon Appliance manufactures a variety of appliances which all use Part B89. Currently, Moon Appliance manufactures Part B89 itself. It has been producing 9,000 units of Part B89 annually. The annual costs of producing Part B89 at the level of 9,000 units include:
Direct materials = $3.00
Direct labor = $8.00
Variable manufacturing overhead = $4.00
Fixed manufacturing overhead = $3.00
Total cost = $18.00
All of the fixed manufacturing overhead costs would continue whether Part B89 is made internally or purchased from an outside supplier. Assume Moon Appliance can purchase 9,000 units of the part from the Nadal Parts Company for $20.00 each, and the facilities currently used to make the part could be used to manufacture 7,000 units of another product that would have a $6 per unit contribution margin. If no additional fixed costs would be incurred, what should Moon Appliance do?
Select one:
a. Make the new product and buy the part to earn an extra $1.00 per unit contribution to profit.
b. Make the new product and buy the part to earn an extra $4.00 per unit contribution to profit.
c. Continue to make the part to earn an extra $3.00 per unit contribution to profit.
d. Continue to make the part to earn an extra $8.00 per unit contribution to profit.
The explanation of the answer is now given as follows:
Since all of the fixed manufacturing overhead costs would continue whether Part B89 is made internally or purchased from an outside supplier, it implies that the fixed manufacturing overhead costs will not be considered in taking the decision.
We therefore proceed as follows:
Amount saved and generated per unit by outsourcing = Direct materials cost per unit + Direct labor cost per unit + Variable manufacturing overhead per unit + Per unit contribution margin from another product = $3 + $8 + $4 + $6 = $21
Price to buy from Supplier = $20
Extra per unit contribution to profit = Amount saved and generated per unit by outsourcing – Price to buy from Supplier = $21 - $20 = $1
Therefore, the correct option is a. Make the new product and buy the part to earn an extra $1.00 per unit contribution to profit.
The Lion Incorporated is currently going bankrupt and is a subsidiary of the Dorothy Ltd. The CFO of the Dorothy Ltd is preparing consolidating statements for a listing of the company on the French stock exchange. She does not include in consolidation the Lion Company, saying Lion does not have and is not in the process of having debt or equity instruments that are publically traded. The CFO is:
Answers
Answer: In compliance with the IFRS
Explanation:
Based on the information given in the question, we can say that the CFO is in compliance with the IFRS. IFRS Standards are typically used by accountable entities. We should note that even though IFRS Standards are normally permitted, it is not required for every accountable entities.
In the scenario in the question, we are informed that the CFO does not include in consolidation the Lion Company, saying Lion does not have and is not in the process of having debt or equity instruments that are publically traded. In this case, the CFO is in compliance with the IFRS.
Nebraska Inc. issues 4,100 shares of common stock for $131,200. The stock has a stated value of $15 per share. The journal entry to record the stock issuance would include a credit to Common Stock for
Answers
Answer:
$61,500
Explanation:
Based on the information given if the company
issues 4,100 shares of common stock for the amount of $131,200 in which the stock has a stated value of $15 per share which means that The journal entry to record the stock issuance would include a credit to Common Stock for $61,500 Calculated as:
Credit to Common Stock=4,100 shares*$15 per share
Credit to Common Stock=$61,500
What will be the level of interest rate, i, if investment at 0 interest is $16 million and the coefficient of invest, I, equals 0.4.
Answers
Answer:
The right solution is "16 +0.4r". A further explanation is given below.
Explanation:
The given values are:
Autonomous investment,
I = 16 million
Coefficient of investment,
g = 0.4
As we know,
Economy's investment function will be:
⇒ [tex]I(r) = I + gr[/tex]
On substituting the given values, we get
⇒ [tex]=16+0.4r[/tex]
When trade barriers began to fall, what was the motivation for much of the foreign direct investment by non-U.S. firms
Answers
Answer:
The motivations were all the advantages that the U.S. market offers.
These advantages are many, because the U.S. is a developed country, with a very large population, and a robust legal system that protects private property, including the property of non U.S. firms that invest in the country.
For these reasons, once trade barriers began to fall, many non U.S. firms took advantage of the new opportunities, and started to invest in the U.S. market.
b. If foreigners spend $7 billion on U.S. exports in a given year and Americans spend $5 billion on imports from abroad in the same year, what is the value of U.S. net exports
Answers
Answer:
$2 billion
Explanation:
Foreigners spend $7 billion on U.S net exports
Americans spend $5 billion on imports
Therefore the value of U.S net exports can be calculated as follows
= $7 billion-$5billion
= $2 billion
Hence the value of U.S net exports is $2 billion
If the Edwards production plan for the next period includes 1000 units of component 1 and 800 units of component 2, what purchases do you recommend
Answers
Answer and Explanation:
The computation is shown below:
Particulars Supplier
1 2 3 Overall
Component 1 1000 1000
Component 2 650 50 100 800
From the above table the component 1 should be ordered to supplier 2 as the price is lesser in this case and also it is able to supply total production needed as per the component 1
In addition to this, the component 2 should be ordered to supplier 1 for 650 units as the price is lesser and the remaining balance could be ordered from supplier 2 or 3 as the prices are similar