The opportunity cost of holding money is measured by the foregone return
What are the dangers of holding money as an asset?The opportunity cost of holding money is the interest on an alternative asset that is forfeited. The opportunity cost of holding money, which is represented by the nominal interest rate, is equal to the real interest rate on an alternative asset plus the expected inflation rate, which is the rate at which money loses its purchasing value.
How is a dollar's opportunity cost determined?Opportunity cost is calculated as follows using the formula below: Return on the Most Profitable Investment minus Return on Investment Pursued is used to determine opportunity cost.
How Does Opportunity Cost Work?Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. Opportunity costs are by definition invisible, making it simple to ignore them.
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a. What would be the value of a savings account started with $700, earning 4 percent (compounded annually) after 10 years
7. How does AJ look tyrannical or monarchical with both the tariff/nullification crisis and Indian removal
Answer:
Andrew Jackson (AJ for short) was a statesman. He reached the height of this career when he became the 7th President of the United States (POTUS, having served as a soldier and a general in the United States Army). His administration spanned two terms of 4 years each (1829 to 1837)
In direct reference to the question, it can be said that due to his action, he was rather tyrannical than monarchial.
Explanation
On the overall, AJ is regarded by may historians favorably due to his many big wins. Some of those wins which he achieved as POTUS are:
The payment of a long standing national debtthe conclusion of the "most favored nation" treaty with the United Kingdom, which settled claims of damages against France from the Napoleonic Wars, Prevention of the renewal of the charter of the Second Bank of the United States which was deemed as corrupt established created to enrich the wealthy at the expense of the plebian class andthe recognition Texas as a Republic. It may be worthy of note that he was the first POTUS to have survived an assassination attempt as a sitting president.Irrespective of the above, his career was marred by two major dents:
The endorsement of the of the 1830 Indian Removal Act which forced many Native American tribes in the South to a space that became known as the Indian Territory. The forceful relocation was deemed necessary by the Blue Bloods (White Population) and resulted in mass suffering, mass death by many who where diseased during the forced relocation.The Nullification Crises: For some reason, the congress approved a bill which by itself was designed to fail or be disapproved. It placed a huge tariff (as much as 45%, a historic high) on the Southern Cotton Farmers. The bill became known as the "Tariff of Abominations". He later conceded to several downward revisions of the tariff, first to 27% and further downwards later but not after it had caused a lot of rift between the state of South Carolina and the Federal Government where in the South Carolina had declared the bill unconstitutional. This call out against the Federal Government became known as the Nullification Crises.Cheers
I
The constant growth formula is a good tool to use to value companies in the
industry.
O technology
2000
о
pharmaceutical
utility
I DON'T KNOW YET
The constant growth formula is typically applied more commonly in the utility industry.
The constant growth formula, also known as the Gordon Growth Model, is commonly used to value companies in industries with stable and predictable dividend growth rates. It assumes that the company's dividends or earnings will grow at a constant rate indefinitely. However, it may not be the most suitable tool for valuing companies in every industry.
The constant growth formula can be a useful tool for valuing companies in certain industries like utilities, but it may not be the most appropriate choice for valuing companies in the technology or pharmaceutical sectors.
Utility companies often exhibit stable and predictable cash flows, making them suitable candidates for valuation using the constant growth model.
Therefore, the correct option is utility.
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This section is based on the case study titled: Maximising Media Relations for Effective Program Execution: UNICEF in Nigeria. This case study is found under the lesson 3 folder, and copies are under the additional resources folder. Please answer all these questions and ensure that you use the correct numbering as given in the question itself.
1. According to the case study, what is the role of public relations? [4]
2. Who are the stakeholders in this case study and their interests [5]
3. What were the strategic tactics and techniques used in the campaign [6]
4. What research methodology was used to develop this plan and discuss whether the programme was successful or not successful in your perspective. Provide evidence from the case study to support your argument. [10]
5. “For effective media relations, the public relations practitioner must understand how the media function and how reporters work” – (Baskin et al, pp:179). As a public relations practitioner what is your assessment of the use of mass media
in this programme and was the use of mass media the best option vs social media in
the programme? (We want to see the student present their own argument here) [5]
6. What did you learn in this case study? [5]
UNICEF in Nigeria uses strategic strategies and approaches for stakeholder engagement to maximize media relations for effective program execution. Here are the responses to the prompts.
What about the case study?This case study highlights how essential public relations is when it comes to creating a positive image for an organization while building meaningful relationships with important stakeholders.
In this instance UNICEF was determined to raise awareness regarding their programs in Nigeria by engaging local community leaders while effectively communicating their message to citizens via media outlets. Conversely Nigerias government prioritized developing strategies which addressed citizens' needs coupled with enhancing its reputation. The stakeholders involved included: UNICEF representatives; Nigerian government officials; members of various influential media organizations; respected community leaders; as well as concerned members of society at large.
To implement effective strategies required tactical thinking alongside techniques such as holding press conferences/ interviews with key players in local/the national press corps; partnering with appropriate organizations/media personalities across identified relevant industries: e.g governance/community activism or where its most needed. Various research methods were employed inclusive of conducting situational analyses regarding media trends in Nigeria.
Also stakeholder analysis was crucial to identify key targets that helped achieve desired outcomes. The UNICEF program gained excellent traction among its target audience through effective outreach and significant coverage.
As a practitioner involved in public relations work I believe that incorporating mass communication was instrumental in broadening the scope for the advocacy messages and amplifying visibility around necessary programs run by UNICEF globally. Moreover using social media channels served as a valuable medium through which younger demographics could be successfully engaged while receiving personalized insights.
The case study has several vital implications regarding understanding regional media landscapes and establishing relationships with important players operating within the regions.
Collaborative partnerships between local communities alongside other organizations pursuing common goals can result in expanded outreach capacity leading towards new opportunities for positive change. Finally this multifaceted approach utilizing various channels became pivotal not only for generating better visibility but also raising awareness on issues championed by UNICEF globally.
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A popular brand of pen is available in 10 colors and 3 writing tips. How many different choices of pens do you have with this brand?
The choices of pen that you are going to have based on the brand would be 30 pen.
How to solve for the choice of penWe have the brand of pen that is available to be 10 colors.
The writing tips that are available is said to be given as 3.
In order to get the total, we would have to carry out a multiplication.
That is, we would have to multiply the brand by the number of writing tips
Hence we would have 10 colors * 3 writing tips.
= 30 choices.
Therefore we would say that the choices of pen that we would get after multiplying is 30 pen.
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Consider the market for orange juice. In this market, the supply curve is given by QS = 100PJ −20PO and the demand curve is given by QD = 1000−150PJ +100PC, where J denotes orange juice, O denotes Orange, and C denotes coffee.
On January 1, Sharp Company purchased $50,000 of Sox Company 6% bonds, at a time when the market rate was 5%. The bonds mature on December 31 in five years, and pay interest annually on December 31. Sharp plans to and has the ability to hold the bonds until maturity. Assume that Sharp uses the effective interest method to amortize any premium or discount on investments in bonds. At December 31, the bonds are quoted at 98.
Required:
a. Prepare the entry for the purchase of the debt investment on January 1, 2020.
b. Prepare the entry for the receipt of interest on December 31, 2020.
c. Record the entry to adjust the investment to fair value on December 31, 2020, if applicable
The journal entries to record the transactions for Sharp Company are as follows:
a) January 1, 2020:
Debit Bonds Receivable $50,000
Debit Bonds Premium $2,165
Credit Cash $52,165
To record the purchase of the debt investment.b) December 31, 2020:
Debit Cash $3,000
Credit Interest Revenue $2,608
Credit Bonds Premium Amortization $392
To record the receipt of interest.c) December 31, 2020:
Debit Fair Value Loss $1,000
Credit Bonds Receivable $1,000
To adjust the investment to fair value.What is a bond's premium?The bonds premium, in this case, refers to the excess cash that Sharp Company paid for the purchase of the bonds when the effective market rate is 5% with a coupon rate of 6%.
The implication is that Sharp Company paid more for the bonds than the market value.
Data and Calculations:Purchase of Sox Bonds = $50,000
PV = $52,165
Premium on bonds = $2,165
Interest rate = 6%
Market rate = 5%
Maturity period = 5 years
Interest payment = annually on December 31
Transaction Analysis:a) January 1, 2020: Bonds Receivable $50,000 Bonds Premium $2,165 Cash $52,165
b) December 31, 2020: Cash $3,000 Interest Revenue $2,608 Bonds Premium Amortization $392
c) December 31, 2020: Fair Value Adjustment $1,000 Bonds Receivable $1,000
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a. Suppose we have a three year fixed-payment loan with $300 payments made at the end of each year. Given a market interest rate of 6 percent, how much was initially borrowed?
The amount that has been initially borrowed is $802, having an annuity payment of $300 at the end of each year and a market interest rate of 6%.
What is annuity?An annuity is a series of payments made at regular intervals in the financial world. Regular savings account deposits, monthly home mortgage payments, monthly insurance payments, and pension payments are all examples of annuities. The frequency of payment dates distinguishes annuities.
The formula for calculating the present value of an annuity which is actually the sum borrowed is :
V= A/i {1-(1+i)^-n} , where,
A= fixed payment of annuity,
i= market rate of interest, and
n = number of years
V= 300/0.06{1-(1+0.06)^-3}
= 300/0.06{1-0.8396}
= 300/0.06 × 0.1604
= $802
Therefore, $802 was initially borrowed.
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how the equilibrium price and quantity change when a change in demand occurs and the supply stays constant, and when a change in supply occurs and the demand stays constant.
Answer:
because demand is not increaing constant supply is increasing that you ate a bit your amount of food is increasing supply of food chain is not increaing in the same hate also.now understand yourself
PLEASE GIVE ME AN EXPLANATION ON HOW TO DO THIS OR DO IT FOR ME I REALLY NEED THIS SO I CAN PASS
You will assist four of the affected patients or their family members with their concerns regarding the lack of heating, ventilation, and air
conditioning (HVAC) in the maternity ward.
• For each interaction, note the time, describe who is voicing a concern, what the problem is, and the approach you are taking to
assist the customer. Be sure to include in the interaction any source of conflict, and the ultimate resolution.
• You may describe each encounter by writing in a short paragraph format, covering all points of the interaction. Or, you may
describe by using dialogue parts, as you would find in a play.
Answer:
hii can we be friends
अनुपात के लिए प्रतिशत कैसे प्राप्त करें
अनुपात अक्सर एम: एन या एम / एन के रूप में व्यक्त किए जाते हैं। अनुपात को प्रतिशत के रूप में परिवर्तित करने के लिए, केवल m को n से विभाजित करें और फिर परिणाम को 100 से गुणा करें।
अनुपात को प्रतिशत में बदलने के लिए कदम
रूपांतरण में तीन सरल चरण होते हैं:
चरण 1: पहली संख्या को दूसरी संख्या से विभाजित करें
चरण 2: प्रतिशत में बदलने के लिए 100 से गुणा करें
चरण 3: प्रतिशत प्रतीक जोड़ें (%)
उदाहरण के लिए , यदि अनुपात 12: 4 है, तो इसे प्रपत्र 12/4 में बदल दें, जो एक समीकरण है जिसे हम हल कर सकते हैं। उसके बाद, प्रतिशत प्राप्त करने के लिए परिणाम को 100 से गुणा करें।
12 3 4 = 3 3 × 100 = 300%अनुपात के लिए प्रतिशत को हल करने के लिए समीकरण
17. What is an advantage of using a credit card? *(in econ)
Answer:
You have the ability to buy something before you actually have the money in hand which allows you to pay it back later.
Hope this helps
Which factor would most likely increase the risk of being underinsured?
A. Purchasing the maximum coverage
B. Reducing the number of policy exclusions
C. Having a low limit of liability
D. Having a history of making claims in the past
The factor that would most likely increase the risk of being underinsured is option C. Having a low limit of liability.
When you have a low limit of liability, it means that your insurance policy provides limited financial protection in the event of a claim. This can result in inadequate coverage for damages or losses you may experience.
Purchasing the maximum coverage (A) and reducing the number of policy exclusions (B) would generally decrease the risk of being underinsured, as these actions increase the protection provided by your insurance policy. Maximum coverage ensures that you have the highest possible amount of financial protection, while fewer exclusions mean that more types of incidents are covered under your policy.
Having a history of making claims in the past (D) might affect your insurance premiums or the willingness of an insurer to offer coverage, but it does not directly impact the risk of being underinsured. It is essential to assess your coverage needs and choose a policy with appropriate limits of liability to minimize the risk of being underinsured and facing significant out-of-pocket expenses in the event of a claim. Therefore the correct option is C
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a plan and a well-prepared assessment can bring out areas for self-growth. knowledge, skill and a positive attitude are the driving forces for a holistic development that would direct the realization of an individuals career achievement. base on the activity above consolidate your answer by listing down the skills in each column
A prepared examination may identify opportunities for self-growth, common knowledge skills, and a positive attitude that can drive holistic development and job success.
Skills like mine are:Speaking, leading, selling, bargaining, calculating, checking, mending, inspecting, assembling, controlling, suppressing, building, and organizing.
I lack communication, data, analysis, researching, tabulating, thinking, operating, augmenting, and other talents.
What occupation suits these skills?These qualities suggest a career in business or commerce. Entrepreneurship matches my leadership, selling, assisting, bargaining, persuading, organizing, etc.
How can you improve your job skills?Analyzing, investigating, and tabulating are also useful talents for commercial companies. This occupation also requires social skills.
How do you get your desired job?A degree in advanced specialization or an MBA may help accomplish a dream career in business and commerce.
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CQ
The complete Question is attached below
what amount of Capital could be raised by Transnet
The amount of capital that Transnet is said to be able to raise is put at R100 billion business by 2020.
What is Transnet?This is the name of a railroad company that was established in South Africa. The company is known for the fact that it is a port, a rail and a pipeline company in the nation.
According to the goals of the company, there goal is to grow the business to have a R100 billion business by 2020. This business is a limited liability company that is owned majorly by the Department of Public Enterprises of South Africa. The government of the country are known to be the sole share holder that the business has in the nation.
So based on the question that we have here we can conclude that the The amount of capital that Transnet is said to be able to raise is put at R100 billion business by 2020.
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BRAINLY FOR THE BEST ANSWER AND 55 POINTS FOR WHOEVER THAT ANSWER!!
Explain and define what is:
1) Gross profit margin
2) Net profit margin
(IF NOT WELL ANSWERED I WILL REPORT YOUR ANSWER IF MY POINTS ARE MIS-USED
#→ Gross margin is the difference between revenue and cost of goods sold (COGS), divided by revenue. Gross margin is expressed as a percentage. Generally, it is calculated as the selling price of an item, less the cost of goods sold (e. g. production or acquisition costs, not including indirect fixed costs like office expenses, rent, or administrative costs), then divided by the same selling price. "Gross margin" is often used interchangeably with "gross profit", however the terms are different: "gross profit" is technically an absolute monetary amount and "gross margin" is technically a percentage or ratio.
•→ Net Profit Margin •→#→ The net profit margin, or simply net margin, measures how much net income or profit is generated as a percentage of revenue. It is the ratio of net profits to revenues for a company or business segment. Net profit margin is typically expressed as a percentage but can also be represented in decimal form.
I Hope This Helps You...As a producer and seller of athletic shoes, apparel, and equipment, Nike sells
gross domestic products
goods
services
supplies
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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operations management course concept
The operations management course concept refers to the systematic design, direction, and control of the processes that transform inputs such as raw materials, energy, and labor into outputs such as goods and services that satisfy customer needs.
This management process includes inventory management, scheduling, supply chain management, quality control, and more. The goal of operations management is to create efficient processes that maximize productivity while minimizing costs.
Students taking an operations management course learn about these concepts and how to apply them to real-world situations in various industries. They also study topics like process design, project management, lean principles, and decision-making models.
The course is usually offered as a part of business administration, engineering, or industrial technology programs. Graduates of the course may go on to careers as operations managers, logistics managers, supply chain analysts, process improvement specialists, or manufacturing engineers, depending on their areas of focus and interests.
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Identify whether each of the following events in this scenario occurs in the market for factors of production or the market for goods and services.
a. Caroline spends $10 to get her car washed.
b. Antonio spends $150 to purchase a necklace from Classy's jewelry Store.
c. Antonio earns $275 per week working for Spotless Car Wash.
Answer:
Identify whether each of the following events in this scenario occurs in the market for factors of production or the market for goods and services.
a. Caroline spends $10 to get her car washed.
b. Antonio spends $150 to purchase a necklace from Classy's jewelry Store.
c. Antonio earns $275 per week working for Spotless Car Wash.The following scenario occurs in the given markets-
Market for goods and services:
Caroline spends $10 to get her car washed.Antonio spends $150 to purchase a necklace from Classy's jewelry Store.Market for factors of production:
Antonio earns $275 per week working for Spotless Car Wash.Factor inputs are traded on the market for factors of production. The households provide the enterprises with the necessary production inputs. In exchange, the companies give them significant payments.
The companies generate a range of goods and services and offer them on the market for goods and services using factor inputs. The households pay for these goods and services and reimburse the companies.
Here, Antonio is providing his factor services to spotless car wash and earning factor income in return. So he/she is operating in the market for factors of production.
Antonio is purchasing a necklace which is a final good and paying for it. So he/she is operating in the market for goods and services.
Caroline is spending to get her car washed which is a final service. So she is operating in the market for goods and services.
What is market for goods and services?The place where the commodities and services created by businesses are purchased is known as the market for goods and services.
Businesses offer goods and services and consumers purchase products and services in the markets for commodities and services. Money moves in the opposite direction from products.
Consumers buy consumables on the products and services market, and firms sell their commodities there. The market encompasses physical stores, the Internet, and any other location where consumers can exchange goods and services.
What is market for factors of production?A market where the means, or factors, of production, are exchanged is known as a factor market. Input market is another name for the factor market. Usually, businesses will purchase and sell the resources they require in order to generate the goods and services that go to their customers.
Factor prices, which are paid in factor payments, are the costs associated with purchasing resources from the factor market by businesses or individuals. Additionally, product markets—where finished goods or services are offered to end users—are distinct from factor markets. In contrast to the factor market, where transactions are frequently between businesses, those in the product market are frequently between businesses and individuals.
It's also crucial to keep in mind that the labour market is a specific kind of factor market since, like any other input, people are resources needed to produce finished commodities or services.
Supporting answer
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Partial ownership of a firm that is considered to be the strongest and financially sound is done through what method
Answer:
The answer is: Buying blue-chip stocks
Explanation:
A firm considered a business enterprise, often involves a partnership of two or more individuals doing business for profit-making as a way of selling shares of the company to individuals in the form of stock which can directly make stakeholders a partial owner of the business depending on the percentage bought. Partial ownership of a firm gives the individual some degree of contributions the individual can make towards decision making.
The correct answer is buying blue-chip stocks. Blue-chip stocks which are considered a secure stock investments because of the stability that investors get are companies that have done so much overtime in ensuring with each profit turn, investors get paid their dividends.
A) What does it mean for a country to have a negative interest rate? What does it mean for borrowers?
B) Do some research and find countries that currently have a negative interest rate.
C) Why would a central bank lower the interest rate beyond zero?
A) When a country has a negative interest rate, it implies that the central bank, or the monetary authority of the country, has taken a stance that is intended to promote spending and investment.
B) Countries that currently have a negative interest rate are:Switzerland. -0.75 percentEuropean Central Bank (ECB) -0.50 percentDenmark -0.60 percentJapan -0.10 percentSweden -0.35 percent
C) Lowering interest rates beyond zero serves as a stimulus for the economy, causing people to spend more money and businesses to invest more in capital projects.
A) When a country has a negative interest rate, it implies that the central bank, or the monetary authority of the country, has taken a stance that is intended to promote spending and investment. This is accomplished by creating a climate that encourages borrowers to borrow and lenders to lend.
Negative interest rates make it less expensive for businesses and individuals to borrow money, making it easier for them to invest in growth or make major purchases. As a result, consumption increases, and deflation, or a decrease in prices, can be reduced.
B) Countries that currently have a negative interest rate are:Switzerland. -0.75 percentEuropean Central Bank (ECB) -0.50 percentDenmark -0.60 percentJapan -0.10 percentSweden -0.35 percent
C) Lowering interest rates beyond zero serves as a stimulus for the economy, causing people to spend more money and businesses to invest more in capital projects. As a result, low-interest rates encourage borrowers to borrow more money, lowering borrowing costs and increasing spending.
This spending can help increase economic growth and reduce unemployment by putting more money in people's pockets and increasing demand for goods and services.
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6. What should you consider before purchasing an item or service?
A. The price of upkeep, repairs, or replacements.
B. What others have said about the quality of an item.
C. The possibility and severity of a negative outcome should the item not work.
D. How much you like the commercials for the product or service.
E. All of the above
F.A,B,C
Answer: F
Explanation: Because all of them except D is valid
Ivan is upset because he feels that Yvette never listens to his ideas in meetings. In their last meeting he offered a suggestion, and Yvette responded by rolling her eyes and ignoring his comment. How should Ivan BEST approach Yvette and communicate with her to try to resolve this conflict?
A personal dialogue with Yvette asking why she never listens is the best first step to take. When the "why" is established, then using empathy and listening skills, Ivan can attempt to put himself in Yvette's shoes to hear the things he says from her perspective.
This will create understanding and help Ivan to be able to speak in the language that Yvette can understand, thus, resolving the conflict.
What is conflict?Conflict is defined as a fight and a collision of interests, opinions, or even values. A dispute will always exist in society, regardless of whether the source of the conflict is personal, racial, class, caste, political, or international.
Well-managed conflict results in improved engagement and creativity, whereas badly managed conflict results in increased stress and worry. Jobs that deal with people are more likely to cause conflict.
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Which groups of people are eligible for Medicare?
A. People over 65 who live below the poverty level only
B. People over 65 only
C. People who live below the poverty level
D. People over 65 and people with disabilities
8. A burger joint observed that an increase of teenagers visited their restaurant. They wanted to know why there was a sudden increase, so they asked some of the teenagers, one at a time, a series of questions to figure out why. This is an example of: a. A depth interview b. Focus groups c. Case analyses d. A projective method
Answer: a. A depth interview
Explanation: A depth interview is a qualitative research method where a researcher conducts one-on-one interviews with participants to gather in-depth information and insights about a specific topic or phenomenon. This approach allows for detailed exploration of the participants' thoughts, opinions, and experiences.
In this case, the burger joint is interested in understanding why there has been a sudden increase in teenage customers. By conducting individual interviews with the teenagers, they can ask specific questions to gain a deeper understanding of their motivations, preferences, and behaviors. This method allows for more personal and detailed responses compared to a focus group, where multiple participants are involved in a group discussion.
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Francis wants to buy some paintings for their store to make it feel more classy. Francis would need to take $20,000 out of their savings account (which earns 1% interest a year) in order to finance the paint-ings. At the end of the year, Francis knows they could sell the paintings for $20,000 but they would choose not to. When calculating this year's economic profit, Francis would count this as a:
Answer:
When calculating this year's economic profit, Francis would count this as a:
cost.
Explanation:
Francis would include the opportunity cost of $20,000, which the paintings could have fetched, as part of the costs. The cost will also include the lost 1% interest or $200 a year. This means that, among other costs, the total cost includes $20,200. This is one distinguishing factor between economic profit and accounting profit. Economic profit includes lost opportunity revenues for alternative uses of the resource as costs unlike accounting profit.
What questions should you ask yourself to help you analyze your audience? Check all that apply.
A) How do I incorporate smart art in my presentation?
B) What is the educational level of my audience?
C) How many people will be in the audience?
D) How can I relate this information to my listeners' needs?
E) What will help to make my points most effective: facts, statistics, or anecdotes?
F) What does my audience already know about my presentation topic?
D) HOW CAN I RELATE THIS INFORMATION TO MY LISTENERS NEEDS
The questions should you ask yourself to help you analyze your audience is
B) What is the educational level of my audience?
D) How can I relate this information to my listeners' needs?
E) What will help to make my points most effective: facts, statistics, or anecdotes?
F) What does my audience already know about my presentation topic?
What is the importance of the audience?An audience is said to be the public who are watching the act or presentation performed by an individual. The response of the audience is to play a decision-making role in order to define success and failure.
When delivering any speech or presentation it is important to engage the audience effectively so that they will feel connected and tries to understand the thought and logic behind it.
In order to analyze the audience one should ask questions related to the emphasis on the audience to develop a better understanding and practice accordingly.
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two firms intel and AMD in the CPU market have combined demand given Q = 100-2P. Their total costs are given by TC Intel = 2 Q Intel + Q2 Intel and TC AMD = 2 Q AMD + Q2 AMD. If they cannot successfully collude and instead produce where the market price equals marginal cost, the market price will be
If they cannot successfully collude and instead produce where the market price equals marginal cost, the market price will be higher.
More about market price:
The market price is the price at which a good or service is currently being bought or sold. The dynamics of supply and demand have an impact on a good or service's market pricing. The cost at which the amount supplied and the quantity wanted are equal is known as the market price..
The market price is used to calculate consumer and economic surplus. The difference between the highest price a consumer is prepared to pay and the actual price they pay for the good is known as customer surplus, often referred to as the market price.
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The following information pertains to Cullumber Company. 1 Cash balance per books, August 31, $7,374. 2. Cash balance per bank, August 31, $7,338. 3. Outstanding checks, August 31, $690. 4. August bank service charge not recorded by the depositor $42. 5. Deposits in transit, August 31, $2,810. In addition, $2,126 collected for Cullumber Company in August by the bank through electronic funds transfer. The accounts receivable collection has not been recorded Cullumber Company Prepare a bank reconciliation at August 31, 2022. (List items that increase balance as per bank & books first.) CULLUMBER COMPANY Bank Reconciliation Journalize the adjusting entries at August 31 on the books of Cullumber Company
The bank reconciliation for the given company is given as follows:
Balance per books: $7,374
Add: Electronic funds transfer: $2,126
Less: Bank service charge: $42
Adjusted balance per books: $9,458
The Bank ReconcilationCULLUMBER COMPANY
Bank Reconciliation
August 31, 2022
Balance per books: $7,374
Add: Electronic funds transfer: $2,126
Less: Bank service charge: $42
Adjusted balance per books: $9,458
Balance per bank: $7,338
Add: Deposits in transit: $2,810
Less: Outstanding checks: $690
Adjusted balance per bank: $9,458
JOURNAL ENTRIES:
Debit: Bank Charges Expense $42
Credit: Cash $42
Debit: Cash $2,126
Credit: Accounts Receivable $2,126
The entries recognize the bank service charge expense and receipt of electronic funds transfer, respectively. After these adjustments, the reconciled book and bank balances agree at $9,458.
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Answer:
8
Explanation:
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Alvarado Company produces a product that requires 3.0 standard pounds per unit at a standard price of $6.00 per pound. The company used 23,900 pounds to produce 8,000 units, which were purchased at $6.20 per pound. Each unit requires 7.5 standard direct labor hours per unit at a standard hourly rate of $22.50 per hour. For the 8,000 units produced, 60,200 hours were needed and employees were paid an hourly rate of $21.95 per hour. The company uses a standard variable overhead cost per unit of $1.45 per direct labor hour. Actual variable factory overhead was $85,900. The company uses a standard fixed overhead cost per unit of $2.00 per direct labor hour at 55,000 hours, which is 100% of normal capacity. Prepare an income statement through gross profit for Alvarado Company for the month ended March 31. Assume Alvarado sold 8,000 units at $250 per unit. For those boxes in which you must enter subtractive or negative numbers use a minus sign. If an amount box does not require an entry, leave it blank. Alvarado Company Income Statement Through Gross Profit For the Month Ended March 31 Line Item Description Amount Unfavorable Amount Favorable Amount Sales $Sales 2,000,000 Cost of goods sold-at standard Cost of goods sold-at standard 1,701,000 Gross profit-at standard $Gross profit-at standard 299,000 Variances from standard cost: Direct materials price $Direct materials price 4,780 $Direct materials price Direct materials quantity Direct materials quantity Direct materials quantity -600 Direct labor rate Direct labor rate Direct labor rate -33,110 Direct labor time Direct labor time 4,500 Direct labor time Factory overhead controllable Factory overhead controllable Factory overhead controllable -1,100 Factory overhead volume Factory overhead volume Factory overhead volume -10,000 Net variances from standard cost-favorable Net variances from standard cost-favorable Gross profit $Gross profit
The preparation of an income statement through gross profit for Alvarado Company for the month ended March 31 is as follows:
Alvarado Company
Income Statement Through Gross ProfitFor the Month Ended March 31
Sales $2,000,000
Cost of goods sold at standard 1,701,000
Gross profit-at standard $299,000
Variances from standard cost:
Direct materials price $4,780 Favorable
Direct materials quantity -600 Unfavorable
Direct labor rate 33,110 Favorable
Direct labor time -4,500 Unfavorable
Factory overhead controllable -1,100 Unfavorable
Factory overhead volume -10,000 Unfavorable
Net variances from standard costs = $21,690 Favorable
Actual gross profit = $320,690
What is cost variance?Cost variance is the difference between the budgeted or standard amount and the actual cost.
The cost variance is the sum of the price variance and quantity variance.
Standard Actual
Pounds per unit 3.0 2.9875 (23,900/8,000)
Direct Materials 24,000 23,900 pounds
Material price per pound $6.00 $6.20
Direct materials cost $144,000 $148,180
Direct labor hours per unit 7.5 7.525 (60,200 ÷ 8,000)
Hourly rate $22.50 $21.95
Variable overhead cost $1.45 $1.4269 ($85,900 ÷ 60,200)
Total variable overhead $87,290 $85,900
Fixed overhead cost $2.00
Fixed overhead direct hours 55,000 60,200
Total fixed overhead costs $110,000 $
Sales revenue = $2,000,000 ($250 x 8,000)
Variances from standard cost:Direct materials price $4,780 ($6.00 - $6.20 x 23,900)
Direct materials quantity -600 (24,000 - 23,900 x $6)
Direct labor rate 33,110 ($22.50 - $21.95 x 60,200)
Direct labor time -4,500 [(60,000 - 60,200) x $22.50]
Factory overhead controllable -1,100 ($1.45 x 60,000 - $85,900)
Factory overhead volume -10,000 [(55,000 - 60,000) x $2]
Net variances from standard costs = $21,690
Gross profit = $320,690 ($299,000 + $21,690)
Cost of goods sold:Direct materials $144,000 ($6.00 x 24,000)
Direct labor 1,350,000 ($22.50 x 60,000)
Variable overhead 87,000 (60,000 x $1,45)
Fixed overhead 120,000 (60,000 x $2)
Cost of goods sold $1,701,000
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