A deficit in a nation’s current account means:
A. it must limit the flow of foreign capital investment
B. it must have a deficit in its financial account as well
C. it must increase interest rates to attract foreign investment
D. there must be a surplus in its financial account
E. there must be more exports than imports for the nation.
Answers
Answer:
B. it must have a deficit in its financial account as well
Explanation:
Current account deficit is the measure of the a country trade, a country imports and exports the goods. Net effect of both will be deficit or surplus.
If the Payment against the imports are higher than the receipts against the exports then there is a deficit.
If the Payment against the imports are Lower than the receipts against the exports then there is a Surplus.
Related Questions
Suppose that a restaurant uses a focus group of regular customers to determine how many customers would buy a proposed new menu item at various prices. Can this information be used to estimate an inverse demand function? A demand function? Explain briefly. Would it be possible to use a focus group to generate data that could be used to estimate a demand function that includes both price and income as explanatory variables?
Answers
The information can be used to estimate an inverse demand function and a demand function as E. the demand curve, and the inverse demand curve can be calculated from it.
A demand function with price and income as explanatory variables can be generated from the focus group by capturing buying pattern data at different prices and levels of income.
It should be noted that a demand function simply shows the relationship that exists between the quantity demanded and price. Based on the question, using a demand function can be computed easily since quantity is a function of price.
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As a producer and seller of athletic shoes, apparel, and equipment, Nike sells
gross domestic products
goods
services
supplies
Answers
As a producer and seller of athletic shoes, apparel, and equipment, Nike sells goods.
Goods are tangible products that people buy to satisfy their wants and needs. Goods can be classified into two categories: consumer goods and producer goods.Consumer goods are items purchased by consumers for their own use and enjoyment, while producer goods are used by businesses to produce other goods and services.Therefore, Nike sells goods, which are tangible products such as athletic shoes, apparel, and equipment.Nike is a leading producer and seller of athletic shoes, apparel, and equipment. The company is one of the largest players in the sportswear industry and is recognized globally for its high-quality products and innovative designs. As a producer and seller of these goods, Nike contributes significantly to the gross domestic product of many countries. The gross domestic product is the total value of goods and services produced in a country within a particular period.For more questions on Nike
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THE FOLLOWING INFO IS AVAILABLE FOR BERLIN CORPORATION FOR THE YEAR ENDING 12/31/20. OTHER REVENUE/GAINS= 12700, OTHER EXPENSES/LOSSES=13300, COST OF GOODS SOLD= 156000SALES 592000, OPERATING EXPENSES= 186000, SALES RETURNS= 40000. PREPARE A STEP-BY-STEP INCOME STATEMENT. TAX RATE IS 30 PERCENT
Answers
Based on the revenue, the expenses, the sales, and other entries, the step - by - step income statement for Berlin Corporation is:
Berlin Corporation.
Income Statement
Sales Revenue $592,000
Less: Sales Return $40, 000
Net Sales $552, 000
Less : Cost of Goods sold ($156, 000)
Gross Profit $396, 000
Less Operating expenses: (186, 000)
Income from operations $210, 000
Other Revenue /Gains 12, 700
Other Expenses /Losses (13, 300) ( 600 )
Income before income taxes $209 ,400
Less: Income tax expense ($62, 820)
Net Income / (Loss) $146,580
How to make an income statement?When making an income statement, the goal is to find out how much net income or loss that a company makes.
First, write the revenue and then remove any sales returns or allowances. Then remove the cost of goods sold to find the gross profit. After this, the operating expenses are removed to find the income before taxes. After the taxes are removed, the remaining amount would be the Net income or loss.
The taxes here are:
= 209, 400 x 30%
= $62, 820
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How to increase a website traffic
Answers
To increase traffic on a website you should be more focused towards your content and how do you present your content.
So, for starters, here are the top ten methods and my recommended tactics :
1. Conduct research and create a list of challenging keywords
2. Sort all of the keywords by importance for better outcomes.
3. Employ seasoned content writers to prepare the content.
4. Make all of the content current and SEO-optimized.
5. Connect all of the pertinent posts together.
6. Switch the website server to a cheap VPS hosting that includes a CDN.
7. Remove all harmful backlinks and GSC-disavow them.
8. Make Contact with Bloggers About Guest Posts in Related Niche.
9. Employ HARO link-building strategies.
10. Export Every GSC Record to Boost Website Traffic.
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Examples of _______ are being helpful, honest, courageous, independent, and polite
Answers
Being helpful, honest, polite, etc. are examples of instrumental values.
What are instrumental values?Instrumental values are values or positive features that help people achieve goals, which is the reason why they are categorized as instrumental.
What are some examples of instrumental values?Although there are many instrumental values, some of the most important include:
Politeness, which helps you in many areas such as communicating better with peopleHonesty, which can help you in specific conflicts.Courage, which helps you continue despite fears or challenges.Independence, which helps you believe in yourself when achieving a goal.Learn more about values in: https://brainly.com/question/25658870
Elfalan Corporation produces a single product. The cost of producing and selling a single unit of this product at the company's normal activity level of 53,000 units per month is as follows:
Per Unit
Direct materials $49.10
Direct labor $9.40
Variable manufacturing overhead $2.40
Fixed manufacturing overhead $19.90
Variable selling & administrative expense $4.40
Fixed selling & administrative expense $21.00
The normal selling price of the product is $112.10 per unit.
An order has been received from an overseas customer for 3,300 units to be delivered this month at a special discounted price. This order would not change the total amount of the company's fixed costs. The variable selling and administrative expense would be $2.50 less per unit on this order than on normal sales. Suppose there is ample idle capacity to produce the units required by the overseas customer and the special discounted price on the special order is $89.40 per unit. The monthly financial advantage (disadvantage) for the company as a result of accepting this special order should be: _________
a. ($67,000)
b. $22,110
c. $87,780
d. ($55,440)
Answers
Answer: $87780
Explanation:
The monthly financial advantage (disadvantage) for the company as a result of accepting this special order will be calculated thus:
Sales = $295020
Less Cost:
Material = $162030
Labor = $31020
Variable manufacturing = $7920
Variable selling = $6720
Total cost = $207240
Financial Advantage = $295020 - $207240
= $87780
Brent called insurance companies and got insurance quotes for the three trucks. Both the 1996 Ford F150 and the 1998 Chevy 1500 were quoted for $250 and the 2000 Toyota Tundra was quoted for $245. To help Brent make his decision gather some more reliable information by using newspapers, or looking at their Web sites, and reviewing consumer magazines and Web sites. Also, look at the manufacturer Web site or www.fueleconomy.gov for information about gas mileage. List the sources you use and include the notes you take from each source.
Answers
Answer:
Website
Annual Reports
Magazines
Newspaper
Television Advertisement
Explanation:
The company website are the reliable source for the information. These websites include information about the specific product details. Brent can easily get access to details about product design, their specification and details. There can be other website which provide reviews of products. Brent can access those website to observe the reviews of the product but since the reliability of these website can be questioned so its better not to trust everything you read.
Answer:
According to www.fueleconomy.gov, cost thousands more in fuel costs over 5 years compared to the average new veichle. The Ford costs $9500 more with a $3650 annual fuel cost, the Toyota costs $7000 more with a $3150 annual fuel cost, and the Chevy costs $6000 more with a $2950 annual fuel cost. The Chevy has the cheapest fuel costs out of each veichle, and it also has the lowest gas mileage. The Ford uses 7.7 gal/100mi, the Toyota uses 6.7 gal/100mi, and the Chevy uses 6.2 gal/100mi. The Chevy also has the highest MPG of 16, while the Ford has an MPG of 13 and the Toyota with an MPG of 15. According to https://www.edmunds.com, The Ford is rating 4.4 stars out of 5, the Toyota is rated 4.5 stars, and the Chevy is rated 4.5 stars as well.
Explanation:
Question 16 of 40
What is the difference between specialization and cross-training?
A. Specialization is for employees at the top management level of
the company while cross-training is for employees at the entry
level.
B. Specialization is for employees who love what they do while cross-
training is for employees who don't love any one particular area of
their work.
C. Specialization leads employees to focus on a single skill or task
while cross-training deals with training employees in multiple skills
or tasks.
D. Specialization is for employees who have an advanced degree
while cross-training is for those who do not have an advanced
degree.
Answers
The correct answer is C) , Specialization leads employees to focus on a single skill or task while cross-training deals with training employees in multiple skills or tasks.
Specialization and cross-training differ in terms of the focus of training and development. Specialization involves employees focusing on developing expertise in a particular skill or area of work. It often involves becoming highly proficient and knowledgeable in a specific field or task.
Specialization allows employees to become experts in their chosen area and can lead to increased efficiency and productivity in that particular domain.
On the other hand, cross-training involves training employees in multiple skills or tasks that are outside of their primary area of expertise. It aims to provide employees with a broader skill set and the ability to perform different roles within an organization.
Cross-training helps in creating a more flexible workforce that can adapt to changing needs and handle a variety of tasks. It also enhances collaboration and teamwork by enabling employees to understand and appreciate the work of their colleagues in different areas.
Specialization and cross-training are both valuable approaches depending on the organizational needs and employee roles.
Specialization is beneficial when deep expertise and mastery in a specific area are required, while cross-training is advantageous for fostering versatility and adaptability among employees.
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Is anyone taking economics I really need help
Answers
The average product can be calculated as Total Product made divided by Labor utilized. Marginal Product of Labor is calculated by the change of products from the last sequence divided by change in labor
What is Labor?Labor is one of the four pillars of Business, labor therefore is an important aspect of any business and there are ways to calculate its efficiency.
1.
Average product 20
Marginal Product of Labor 20
2.
Average product 22
Marginal Product of Labor 24
3.
Average product 20
Marginal Product of Labor 16
4.
Average product 18
Marginal Product of Labor 12
5.
Average product 16
Marginal Product of Labor 8
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California residents are allowed a credit for net income taxes paid to another State on income also subject to the California income tax. However, the credit is not allowed for which of the following reasons?
Answers
The reason this credit is not allowed is because: A. If the other state allows California residents a credit for net income taxes paid to California
The types of tax.
In Economics, there are different types of tax and these include the following:
Gift taxExcise taxAlcohol taxIncome taxEstate taxEmployment taxNet income taxWhat is net income tax?Net income tax can be defined as a type of tax which grants either deductions or exemptions from an employee's gross income. Additionally, a net income tax is a system of taxation which is designed and developed to assess taxes on the basis of gross income, gross dividends or gross receipts.
In conclusion, it is a fact that any form of deductions or exemptions that doesn't qualify for a credit is not considered as a net income tax in California and every other part of the world.
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Complete Question:
California residents are allowed a credit for net income taxes paid to another State on income also subject to the California income tax. However, the credit is not allowed for which of the following reasons?
A. If the other state allows California residents a credit for net income taxes paid to California
B. If the income taxed by the other state has a source within the other state under California law
C. If such states do not allow their residents a credit for net income taxes paid to California
D. The amount of the credit is greater than the same proportion of the total California tax as the income taxed by both states bears to the total income taxed by California
suppose promoters of xyz music concerts knows that if they charge 400birr pertcket 2000 people would buy thetickets for conserts and if charge 200birr perticket 4000 people would by tickets over this pirce range A, find pirce elasticity of damand B, uhat types of price elasticity of damand
Answers
A.Price Elasticity of Demand is 1.
B.In other words, the increase or decrease in the quantity demanded is directly proportional to the change in price.
To calculate the price elasticity of demand, we can use the formula:
Price Elasticity of Demand = Percentage Change in Quantity Demanded / Percentage Change in Price
A. Calculating the percentage change in quantity demanded:
Change in Quantity Demanded = 4000 - 2000 = 2000
Average Quantity Demanded = (4000 + 2000) / 2 = 3000
Percentage Change in Quantity Demanded = (Change in Quantity Demanded / Average Quantity Demanded) * 100
= (2000 / 3000) * 100
≈ 66.67%
Next, let's calculate the percentage change in price:
Change in Price = 400 - 200 = 200
Average Price = (400 + 200) / 2 = 300
Percentage Change in Price = (Change in Price / Average Price) * 100
= (200 / 300) * 100
≈ 66.67%
Now, we can calculate the price elasticity of demand:
Price Elasticity of Demand = Percentage Change in Quantity Demanded / Percentage Change in Price
= 66.67% / 66.67%
= 1
B. Since the price elasticity of demand is equal to 1, it indicates unitary price elasticity of demand. This means In other words, the increase or decrease in the quantity demanded is directly proportional to the change in price.
This suggests that consumers are highly responsive to price changes, and a small increase or decrease in price can lead to an equivalent change in the number of tickets sold.
that the demand for tickets is perfectly elastic within this price range.
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James received a raise after his first year on the job to $43,800 from his initial salary of $42,000. Inflation averaged 2.8% for that first year. In real terms (i.e., adjusted for inflation), what was his real raise stated as a percentage?
The calculation for percentage change of personal income is:
Group of answer choices
4.29%
2.29%
5.29%
1.29%
Answers
The calculation for percentage change of personal income is A. 4.29%. that is, the real raise of salary in percentage is 4.29%.
What is inflation?The overall rise in prices of goods and services over time in an economy is referred to as inflation. When inflation occurs, people may purchase fewer products and services with the same amount of money because the purchasing power of a unit of currency declines.
How do you determine it?James's initial income of $42,000 must be adjusted for inflation before being compared to his current compensation of $43,800 in order to determine his actual raise. The inflation rate was 2.8%.
Raise in salary = 43800 - 42000 = $1800
Therefore, real raise of salary in percentage is:
= Raise in salary/ initial salary x 100%
= 1800/42000 x 100%
= 4.285% = 4.29%
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QUESTION 5
Business are usually organized according to which three types?
O As service businesses, manufacturing businesses, or marketing intermediaries
O As profit centers or service centers
As retailers, wholesalers, or distributors
O As industrial, consumer, or governmental entities
Answers
Indiana Company began a construction project in 2024 with a contract price of $161 million to be received when the project is completed in 2026. During 2024, Indiana incurred $36 million of costs and estimates an additional $86 million of costs to complete the project. Indiana recognizes revenue over time and for this project recognizes revenue over time according to the percentage of the project that has been completed.
Answers
Indiana recognized a gross profit of -$15.8 million on the project in 2025 according to the percentage of the project that has been completed
Costs incurred in 2024 plus anticipated costs to finish in 2024 plus expenses incurred in 2025 plus expected costs to complete in 2026 equals the project's total estimated cost. The project's anticipated total cost is $31 million plus $81 million plus $54 million plus $36 million. The project is expected to cost $202 million in total. Contract price equals the total estimated revenue to be recognized. $164 million is the expected total revenue that will be recorded. The percentage of the project that was finished in 2025 must then be determined. Costs incurred in 2024 plus expenses incurred in 2025 / total expected cost of the project is the percentage of the project that is finished in 2025. Project completion percentage in 2025 equals $31 million plus $54 million / $202 million. Project completion rate in 2025: 41.58% By calculating the percentage of the project finished in 2025 by the overall expected gross profit on the project, we can finally get the gross profit recognized in 2025. Overall projected income to be recognized less total estimated project costs equals the project's estimated total gross profit. The project's expected total gross profit ranges between $164 million to $202 million. The project's expected total gross profit is $-38 million (negative indicates a loss) Gross profit recognized in 2025 equals the project's expected total gross profit multiplied by the proportion of the work completed in 2025. Gross profit realized in 2025 equals 41.58% times a loss of $38 million. In 2025, gross profit will be $15.6 million lower.
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As unemployment rose during 1930 through 1932 and the economy plunged into the Great Depression, policy makers
A. reduced tax rates and increased the money supply.
B. increased tax rates and reduced the money supply.
C. increased both tax rates and the money supply.
D. reduced both the tax rates and the money supply.
Answers
can u solve this plsss
Answers
The main reason why the Japanese liberalized the bank mergers in Japan was to protect the economy and prevent an economic crash.
What is Financial Liberalization?This refers to the removal of regulatory control in the financial sector to promote economic growth.
The government of Japan faced an economic crash that threatened to cripple the economy due to stock market crash, failing banks, etc and there was the use of risk-based capital to try and prevent this, amongst other solutions.
Hence, we can see that the key aspects of the liberalization program were:
MergersAcquisitions.The key criticism of the program is that it failed to address the scale of the problem and the solution was only short-term.
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IHOP 'N GO
Drag and drop steps in correct order, then Submit.
Deliver order and thank guest
Input the order into the
Collect payment
Repeat order to ensure accuracy
Write down guest name and order
Ask if they need condiments
Answers
Yes! Assuming Economia's aggregate supply curve is upward sloping, when the aggregate demand curve shifts rightward, this will:
Answers
When the aggregate demand curve shifts rightward, this will increase Economia's real output and the price level.
What happens when the aggregate demand shifts rightward?
The aggregate demand curve is a curve that shows the total quantity of all goods and services demanded by the economy at different price levels. The aggregate demand curve slopes downward.
When aggregate demand curve shifts to the right, there would be an increase in the real output and the price levels.
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Edwards Construction currently has debt outstanding with a market value of $67,000 and a WACC of 10 percent. The company has EBIT of $6,750 that is expected to continue in perpetuity. Assume there are no taxes. (Please show all related working steps)
a. What is the value of the company's equity? What is the debt-to-value ratio?
b. What are the equity value and debt-to-value ratio if the company's growth rate is 2 percent?
c. What are the equity value and debt-to-value ratio if the company's growth rate is 4 percent?
Answers
There are 3 questions that need to be solved.
a. The debt-to-value ratio for Edwards construction is 1 (based on $6,750 company EBIT, market value of $67,000 and a WACC of 10%).
b. The equity value if the company's growth rate at 2% is $18,562.5
The debt-to-value ratio if the company's growth rate at 2% is 0.784.
c. The equity value if the company's growth rate at 4%
The debt-to-value ratio if the company's growth rate at 4% is 0.576
What is EBIT?EBIT stands for Earning Before Interest and Taxes. It is a common measure of a company's operating profitability. As its name suggests, EBIT is net income excluding the effect of debt interest and taxes. Both of these costs are real cash expenses, but they are not directly generated by the company's core business operations.
Now, let's answer the question.
a. From the question given
Market value = $67,000
WACC = 10%
EBIT = $6,750
Interest payment = Market value * WACC
= $67,000 * 10%
= $6,700
So, Cash flow to shareholders = EBIT - interest paid
= $6,750 - $6,700
= $50
Debt to value ratio = Total debt / Total value of firm
As there is no default, then total debt = total value of firm
So, the debt-to-value ratio of Edward's construction company is 67,000/67,000 = 1
b. the equity value and debt-to value ratio at growth rate 2%
EBIT for next year = EBIT + (1 + growth rate)
= $6,750 * (1 + 0.02)
= $6,885
Since there will be no risk the required return for any shareholder, then it will be equal as the return on company's debt.
Payment made to shareholders will increase by 2%
Value of equity = total assets - total liabilities
Value of equity = EBIT next year / (WACC - growth rate) - (EBIT / WACC)
= $6,885 / (10%-2%) - ($6,750 / 10%)
= 86,062.5 - 67,500
= $18,562.5
Debt to value ratio = total liabilities / (total liabilities + value of equity)
= $67,500 / (67,500 + 18,562.5)
= 0.784
c. the equity value and debt-to value ratio at growth rate 4%
EBIT for next year = $6,750 * (1 + 0.04) = $7,020
So, value of equity = total assets - total liabilities
= EBIT next year / (WACC - growth rate) - (EBIT / WACC)
= $7,020 / (10% - 4%) - ($6,750 / 10%)
= $117,000 - $67,500
= $49,500
debt to value ratio = total liabilities / (total liabilities + value of equity)
= $67,500 / ($67,500 + $49,500)
= $67,500 / $117,000
= 0.576
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On August 1, Batson Company issued a 60-day note with a face amount of $58,800 to Jergens Company for merchandise inventory. (Assume a 360-day year is used for interest calculations.)
a) Determine the proceeds of the note assuming the note carries an interest rate of 10%.
b) Determine the proceeds of the note assuming the note is discounted at 10%.
Answers
Answer:
a. $58,800
b. $57,820
Explanation:
Generally, notes are issued on the discounted or face value. It is face value when the price of the note is the same as the face value while it is discounted when the price of the note is lower than the face or par value.
a. Since the note is issued on the face value of $58,800 , it means that the proceed is the same amount. The proceeds from a note that is issued, is that price at which the note is issued.
b. Discount value
= $58,800 × 10% × 60/360
= $980
Proceeds
= Face/par value of the note - Discount value of the note
= $58,800 - $980
= $57,820
On January 1, 2023, Eastern Corporation purchased a machine for $300,000. The
sales tax was $30,000 and the delivery charges were $5,000. All charges were paid in
cash. Eastern plans on using the machine in its business for 5 years and then disposing
of it. Eastern estimates a zero salvage value. Eastern uses straight line depreciation.
Required:
● Record the asset
● Record the annual depreciation
● Remove the fully depreciated asset and accumulated depreciation from the accounting
records
● Record the transactions in the journal and post them to the ledger.
Answers
1. Record the asset acquisition: Debit: $335,000 and Credit: Cash - $335,000.
2. Record the annual depreciation: Debit: Depreciation Expense - $66,000 and Credit: Accumulated Depreciation - Machine - $66,000.
3. Remove the fully depreciated asset and accumulated depreciation: Debit: Machine (Asset) - $5,000 and Credit: Loss on Disposal of Machine - $335,000 (if the machine is scrapped).
4. Record the disposal transaction: Debit: Accumulated Depreciation - Machine (to bring its balance to zero) and Credit: Machine (Asset)
To record the asset acquisition, annual depreciation, and disposal of the machine, Eastern Corporation would follow the following steps:
1. Record the asset acquisition:
On January 1, 2023, Eastern Corporation would record the purchase of the machine as follows:
Debit: Machine (Asset) - $335,000 ($300,000 + $30,000 + $5,000)
Credit: Cash - $335,000
2. Record the annual depreciation:
Since Eastern Corporation plans to use the machine for 5 years and estimates a zero salvage value, the annual depreciation expense would be $66,000 ($335,000 / 5). Eastern would record this annually as follows:
Debit: Depreciation Expense - $66,000
Credit: Accumulated Depreciation - Machine - $66,000
3. Remove the fully depreciated asset and accumulated depreciation:
After 5 years, when the machine is fully depreciated, Eastern Corporation would remove it from the accounting records. The accumulated depreciation and machine account would be eliminated as follows:
Debit: Accumulated Depreciation - Machine - $330,000 (5 years x $66,000)
Debit: Machine (Asset) - $5,000
Credit: Gain on Disposal of Machine - $335,000 (if the machine is sold) or
Credit: Loss on Disposal of Machine - $335,000 (if the machine is scrapped)
4. Record the disposal transaction:
Eastern Corporation would record the disposal transaction when removing the fully depreciated asset. The specific accounts used would depend on whether the machine is sold or scrapped. If sold, the transaction would be:
Debit: Cash (proceeds from sale)
Debit: Accumulated Depreciation - Machine (to bring its balance to zero)
Credit: Machine (Asset)
Credit: Gain on Disposal of Machine (if a gain is realized) or Credit: Loss on Disposal of Machine (if a loss is incurred)
If the machine is scrapped with no proceeds, the transaction would be:
Debit: Accumulated Depreciation - Machine (to bring its balance to zero)
Credit: Machine (Asset)
By following these steps and recording the transactions in the journal and posting them to the ledger, Eastern Corporation can accurately account for the acquisition, depreciation, and disposal of the machine in its financial records.
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Who will be the first Trillonare in this world ?
Answers
The person who is expected to become the first Trillionaire is Jeff Bezos, founder, and CEO of Amazon.
According to a study conducted by Comparison, Jeff Bezos could become the world’s first Trillionaire by the year 2026. This prediction was made on the basis of the average percentage of growth of Bezos’ net worth over the last five years. The study also highlighted that Bezos’ wealth has grown by an average of 34% over the last five years. At this rate of growth, his net worth could reach $1 trillion by the year 2026.
However, the current COVID-19 pandemic has had a negative impact on the economy, and Bezos’ net worth has already decreased by over $20 billion since the start of the pandemic. Despite this, it is still possible that Bezos may become the world’s first Trillionaire in the future, but there are also other contenders who could reach this milestone, such as Elon Musk, CEO of Tesla and SpaceX. However, as of now, there is no confirmed Trillionaire in the world.
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a study of how the hidden curriculum prepares working-class students for working-class jobs would most likely be informed by:
Answers
A study of how the hidden curriculum prepares working-class students for working-class jobs would most likely be informed by conflict theory.
What is conflict theory,?Perspectives in sociology and social psychology known as conflict theories place an emphasis on a materialist reading of history, a dialectical method of analysis, a critical attitude toward current social structures, and a political program of revolution or, at the very least, reform.
According to the conflict theory, which was first put forth by Karl Marx, society is constantly at war with one another over scarce resources. According to conflict theory, dominance and power, not agreement and conformity, preserve social order.
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complete questions;
A study of how the hidden curriculum prepares working-class students for working-class jobs would most likely be informed by ___________ theories.
Choe Company has HK $1,500,000 of bonds outstanding. The unamortized premium is HK $19,600. If the company redeemed the
bonds at 101, what would be the gain or loss on the redemption?
HK $4,600 loss
HK $15,000 gain
HK $15,000 loss
HK $4,600 gain
Answers
The gain or loss on the redemption is: D. HK $4,600 gain.
How to find the Gain or loss on redemptionUsing this formula to find the gain or loss on redemption
Gain or loss on redemption = [(Face value + Unamortized Premium ) – (Face value x Selling price)
Let plug in the formula
Gain or loss on redemption = (HK $1,500,000 + HK $19,600) - (HK $1,500,000 ×1.01)
Gain or loss on redemption = HK $1,519,600 - HK $1,515,000
Gain or loss on redemption = HK $4,600 gain
Therefore the correct option is D.
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Let MAC1 = 100 – 10E and MAC2 = 50 – 10E. Graph each function and compute the aggregate MAC curve. Let MD = 30E, compute the socially efficient equilibrium. For the equations given above, suppose the government sets the pollution level at four units. What are the net social costs of this policy?
Suppose a technological change occurs that reduces the marginal costs of abatement for polluter 1 in the above equation to that of polluter 2. How does this affect the socially efficient level of pollution? Solve numerically and graphically.
Answers
If the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not impact the socially efficient level of pollution. The level is still determined by equating Marginal Damage with the Aggregate MAC.
To graph each function, we can plot MAC1 and MAC2 on a graph with the quantity of emissions (E) on the x-axis and the marginal abatement cost (MAC) on the y-axis.
For MAC1: MAC1 = 100 - 10E
For MAC2: MAC2 = 50 - 10E
To compute the aggregate MAC curve, we add the individual MAC curves together. So, Aggregate MAC = MAC1 + MAC2.
Aggregate MAC = (100 - 10E) + (50 - 10E) = 150 - 20E
Now, let's calculate the socially efficient equilibrium by setting the Marginal Damage (MD) equal to the Aggregate MAC.
MD = Aggregate MAC
30E = 150 - 20E
Simplifying the equation, we get:
50E = 150
E = 3
Therefore, the socially efficient equilibrium occurs when the quantity of emissions (E) is 3.
Now, let's calculate the net social costs of the policy when the government sets the pollution level at four units.
Net social costs = Aggregate MAC - MD
Net social costs = (150 - 20(4)) - (30(4))
Net social costs = 110 - 120
Net social costs = -10
The net social costs of this policy would be -10, indicating a net benefit to society.
If a technological change occurs that reduces the marginal costs of abatement for polluter 1 to that of polluter 2, it means that MAC1 will become equal to MAC2.
Setting MAC1 equal to MAC2:
100 - 10E = 50 - 10E
Simplifying the equation, we find that E can have any value, as both sides are equal.
Graphically, this change would mean that MAC1 and MAC2 become parallel lines on the graph, with the same slope and intercept. The socially efficient level of pollution would still be determined by equating MD with the aggregate MAC.
In conclusion, if the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not affect the socially efficient level of pollution. The socially efficient level is still determined by equating the Marginal Damage with the Aggregate MAC, regardless of the marginal costs of individual polluters.
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Querrey Inc. and Ronno Inc. conduct business in a foreign country that imposes a 3 percent VAT. Querrey produces entertainment videos at a $6 material cost per unit and sells the videos to Ronno for $9 per unit. Ronno sells the videos at retail for $10 per unit. This year, the combined efforts of Querrey and Ronno resulted in sales of 12.4 million videos to the public. Compute the VAT for each corporation. (Enter your answers in dollars not in millions of dollars.VATQuerrey Inc. $0Ronno Inc.
Answers
Answer:
The amount of VAT payable both the business are:
VAT payable by Querrey Inc. is $11,16,000
VAT payable by Ronno Inc. is $3,72,000
Explanation:
The computation of VAT payable is as follows:
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Working Note:
1. For Querrey Inc.
\(\begin{aligned}\text{Sales Revenue}&=12,400,000\text{units}*\$9\text{per units}\\&=\$11,16,00,000\\\text{VAT on Sales}&=\$11,16,00,000*3\%\\&=\$33,48,000\\\text{VAT on Material}&=12,400,000\text{units}*\$6*3\%\\&=\$22,32,000\\ \end{aligned}\)
2. For Ronno Inc.
\(\begin{aligned}\text{Sales Revenue}&=12,400,000\text{units}*\$10\text{per units}\\&=\$12,40,00,000\\\text{VAT on Sales}&=\$12,40,00,000*3\%\\&=\$37,20,000\\\text{VAT on Purchase}&=12,400,000\text{units}*\$9*3\%\\&=\$33,48,000\\ \end{aligned}\)
Book Value of Fixed Assets
Apple Inc. (AAPL) designs, manufactures, and markets personal computers and related software. Apple also manufactures and distributes music players (iPod), mobile phones (iPhone), and smartwatches (Apple Watch) along with related accessories and services, including online distribution of third-party music, videos, and applications. The following information was taken from a recent annual report of Apple:
Property, Plant, and Equipment (in millions):
Current Year
Preceding Year
Land and buildings
$10,185
$6,956
Machinery, equipment, and internal-use software
44,543
37,038
Other fixed assets
6,517
5,263
Accumulated depreciation and amortization
(34,235)
(26,786)
a. Compute the book value of the fixed assets for the current year and the preceding year.
b. Would you normally expect Apple's book value of fixed assets to increase or decrease during the year?
Answers
Answer:
a. To compute the book value of the fixed assets for the current year and the preceding year, we need to subtract the accumulated depreciation and amortization from the gross property, plant, and equipment:
Book value of fixed assets for current year = (10,185 + 44,543 + 6,517) - 34,235 = $26,010 million
Book value of fixed assets for preceding year = (6,956 + 37,038 + 5,263) - 26,786 = $22,471 million
b. We would normally expect Apple's book value of fixed assets to increase during the year as the company invests in new fixed assets such as property, plant, and equipment. However, we can also see that Apple's book value of fixed assets increased significantly from the preceding year to the current year from $22,471 million to $26,010 million. This increase could be due to the company's investments in new property, plant, and equipment, or it could be due to changes in the company's depreciation policy or estimates. Without further information, we cannot determine the exact reason for the increase.
The book value of the fixed assets for the current year and the preceding year are $27,010 million and $22,471 million respectively.
What are fixed assets?Fixed assets are tangible or intangible assets that a company acquires and uses in its operations for an extended period, typically over a year. They are long-term assets that are not intended for sale but instead are used to generate revenue and support business operations. Tangible fixed assets are physical assets such as land, buildings, machinery, equipment, furniture, and vehicles. These assets are typically expensive and have a long useful life. Intangible fixed assets include patents, copyrights, trademarks, goodwill, and other non-physical assets that provide economic benefits to the company. These assets may not have a physical form but can have significant value to the company. Fixed assets are recorded on a company's balance sheet and are subject to depreciation or amortization, which is the systematic allocation of the asset's cost over its useful life.
Book value of fixed assets for current year= $10,185 + $44,543 + $6,517 - $34,235 = $27,010 million
Book value of fixed assets for preceding year= $6,956 + $37,038 + $5,263 - $26,786 = $22,471 million
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Giada is at an extracurricular activity fair for her high school and is trying to decide which clubs to join. Her hobbies include fixing old appliances and rebuilding them to sell at flea markets. She prefers not to have children when she's older and faints at the sight of blood. She's never been thrilled about public speaking. Which CTSO Giada should join? Giada should join FCCLA. Giada should join FEA. Giada should join HOSA. Giada should join TSA.
Answers
Answer:
Giada should join FEA.
Explanation:
Giada wants to decide which club she can choose for her high school in her extra curricular activity fair.
which club Giada can choose ?Giada is not very good with blood as she faints when she sees blood so HOSA is not good for her as it is a health care field.
Giada cannot join FCCLA and TLA as she does not want children's and she is not very fond of public speaking.
Giada can join the club for FEA because Finite Element Analysis is related with fixing of elements and she has an interest in this field.
Therefore, Giada should join the CTSO for the FEA because this field relates to her interests.
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What is a common way to purchase an automobile?
Answers
Answer: with cash.. or you can set a loan
Explanation:
Suppose that the local government of Tulsa decides to institute a tax on soda consumers. Before the tax, 30 million liters of soda were sold every month at a price of $11 per liter. After the tax, 24 million liters of soda are sold every month; consumers pay $13 per liter (including the tax), and producers receive $6 per liter.
Answers
The amount of tax on soda is $7 , the burden of tax on consumer is $2 , burden on tax on the producer is $5.
It is true that the effect on tax on the quantity sold would have been smaller if the tax have been levied on the producer.
What is tax?A tax is a mandatory financial charge or other type of levy imposed by a governmental organization on a taxpayer (an individual or legal entity) to fund government spending and various public expenditures (regional, local, or national).
a) Amount of tax is calculated as:
Price paid by consumers - Price received by producer
= $13- $6
= $7
b) Burden of tax on consumer is:
Price paid after tax- Equilibrium price
= $13- $11
= $2
c) Burden on tax on the producer is:
Equilibrium price - Price received after tax
= $11 -$6
= $5
Therefore, whether the tax is levied on the consumer or the producer, the equilibrium price after tax will remain the same.
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