Option b: If the government removes a tax on a good, then the price paid by buyers will decrease, and the price received by sellers will increase. Option b) Decrease, and the price received by sellers will increase is the correct option.
When the government removes the tax on a good, it makes the good cheaper for buyers. This implies that the buyers will have to pay less to purchase the good. Due to the decrease in price, the demand for the product will rise as more buyers can now afford it.
This increase in demand will eventually lead to a rise in the price that sellers can charge for the product.Because the government has removed the tax, the cost of production for sellers has decreased. This implies that the sellers will gain more profit by increasing the price.
The removal of taxes reduces the expenses of the producers, and this increased margin of profit motivates the producers to raise the price of the product. Therefore, the sellers will receive more money, and the price paid by buyers will decrease.
To learn more about tax, here:
https://brainly.com/question/12611692
#SPJ11
seedbed preparation
activities
1.cleared the area
Arlington LLC purchased an automobile for $55,000 on July 5, 2019. What is Arlington's depreciation deduction for 2019 if its business-use percentage is 75 percent? (Ignore any possible bonus depreciation. ) (Use Exhibit 10-10. )
A. $8,250. B. $5,500. C. $7,500. D. $4,250. E. None of the choices are correct
The depreciation deduction for 2019 to Arlington LLC, given the business - use percentage is C. $7, 500
How to find the depreciation deduction?Tax laws are such that when a fixed asset such as an automobile has a MACRS value for the year that is more than $10, 000, the business - use percentage would be found by the formula:
= 10 % x business - use percentage
The MACRS for an automobile in the first year is $11, 000 so the depreciation deduction would be:
= 10, 000 x 75%
= $7, 500
Find out more on depreciation deduction at https://brainly.com/question/15713789
#SPJ1
A ________ is a senior manager who oversees the use of IT in the firm.
A) CEO
B) CFO
C) CIO
D) CTO
E) CKO
Answer:
Ans is A
CEO is a senior manager
A CIO is a senior manager who oversees the use of IT in the firm.
What is an Information Technology firm?An IT Firm is a company that provides direct IT support, IT management, infrastructure services or physical and network/data security services to companies, known as an IT firm.
The core team of an IT support company, also known as an IT managed services provider, is made up of qualified his specialists. The team offers you professional direction and management on a variety of IT, including general computer systems and device networking, as well as electronic gear and software.
IT teams are made up of highly skilled specialists, and each member has their own distinctive talents and areas of specialization. Therefore, a good IT team is able to provide a wide range of IT support services that address all of your IT needs.
Services provided by IT support organizations like Gordian Networks fall into two categories:
resolving urgent IT issues
putting proactive steps in place to avoid future IT issues
Thus, the option C is correct
learn more about Information Technology, here:
https://brainly.com/question/19132323
#SPJ5
the insurance company decides to lower the premium by $5 to $45 per year. what affect does this have on the expected value and the standard deviation?
Lowering the premium for an insurance policy can result in an increase in the standard deviation and decrease the expected value of the policy.
Lowering the premium by $5 to $45 per year can have different effects on the expected value and standard deviation of an insurance policy depending on the specifics of the policy and the nature of the potential loss. However, in general:
Expected value: The expected value of an insurance policy is the average amount of money you can expect to receive in the event of a loss, taking into account the probability of that loss occurring.
In general, lowering the premium for an insurance policy will decrease the expected value of the policy because the insurance company is collecting less money from you, which means that they have less money to pay out in the event of a loss.
However, the effect on the expected value will depend on the specific terms of your policy and the likelihood of experiencing a loss. If the likelihood of a loss is relatively low, the effect on the expected value may be small.
Standard deviation: The standard deviation is a measure of the variability of the potential outcomes of an event, in this case, the amount of money you might receive if you experience a loss.
Lowering the premium for an insurance policy may increase the variability of the potential outcomes of a loss, which can result in an increase in the standard deviation.
This is because the insurance company is collecting less money from you, which means that they may have less money available to cover a potentially large loss.
To learn more about standard deviation:
https://brainly.com/question/16555520#
#SPJ11
Like an abstract in a report, this is a one-or two-paragraph summary of the product or service and how it meets the re quirements and exceeds expectations is known as the back ground section of a business proposal .
Effective business proposals are centered on a fantastic concept or resolution. Although you might be able to do it in an engaging fashion, you want your document and its solution to stand out against the backdrop of other offers.
the concept Who, what, when, why, and how. Be precise and succinct. Keep your language concise and avoid overstating. To prove your goods or service, use logical, well-supported arguments.
Which section of the business plan details how the company has dealt with problems?The executive summary should give a brief description of the issue that your company addresses, your proposed solution to the issue, the business's target market, major financial highlights, and a list of the management team's responsibilities.
To know more about business proposal visit:-
https://brainly.com/question/27427311
#SPJ10
How do depreciating assets hurt your financial health?
a. They decrease your net worth.
b. They increase your discretionary spending.
d. They lower your FICO score.
c. They increase your equity.
Answer:
A
Explanation:
net worth is based on assets and income so if assets decrease your net worth decreases
Use Shark Industriesʹ financial statements shown below to answer the following questions.
Shark Enterprises, Inc.
Balance Sheets
2016 2017
Cash $1,000 $?
Accounts receivable 8,000 9,000
Inventories 4,000 7,000
Land 10,000 10,000
Other fixed assets 5,000 5,500
Accumulated depreciation (1,600) (2,000)
Total assets $26,400 $?
Accounts payable $4,200 $ 7,000
Bonds 4,000 4,000
Common stock 15,000 16,000
Retained earnings 3,200 3,800
Total debt and equity $26,400 $?
Shark Enterprises, Inc.
Income Statement
Sales $44,900
Cost of goods sold (22,000)
Gross profit $12,900
Operating expenses (10,000)
Depreciation (400)
EBIT $2,500
Interest expense (500)
EBT $2,000
Taxes (1,000)
Net Income $1,000
Use Shark Enterprises financial statements to determine Enterpriseʹs common stock dividend for 2017. _________
A) $600 B) $0 C) $400 D) Cannot be determined with available information
Cannot be determined with available information is the answer of above question.To determine Enterprise's common stock dividend for 2017, more information is needed.
Shark Enterprise financial statements:Shark Enterprises' financial statements shown cannot be used to determine Enterprise's common stock dividend for 2017, and the reason is that there is no declaration of dividends or indication that dividends were paid in the income statement or balance sheet available.
Shark Enterprises is a company with $16,000 in common stock in 2017, as well as $3,800 in retained earnings. This information is found on the company's balance sheet.The income statement shows that the company made $44,900 in sales in 2017.
It had a cost of goods sold of $22,000 and operating expenses of $10,000. It had a gross profit of $12,900 and an operating income of $2,500. Interest expenses of $500 resulted in an EBT of $2,000, and taxes of $1,000 were paid, resulting in a net income of $1,000.
To know more about balance sheet visit:
https://brainly.com/question/26323001
#SPJ11
Yest Corporation's bonds have a 15-year maturity, 7% semiannual coupon payment, and a par value of $1,000. The prevailing interest rate on similar risk bonds is 6%. What should be the bond's selling price? O $1,008.65 O $1,024.67 O $1,051.34 $1,098.00 Question 23 4 pts Mouse Ltd.'s outstanding bonds have a $1,000 par value and they mature in 5 years. Their yield to maturity is 9%, based on semiannual compounding, and the current market price is $853.61. What is the bonds annual coupon rate of interest? O 5.10% O 5.20% 5.30% O 5.40%
The annual cοupοn rate οf interest fοr the bοnd is apprοximately 5.10%. Therefοre, the cοrrect answer is 5.10%.
How tο calculate the bοnd's selling price?Tο calculate the bοnd's selling price, we can use the present value fοrmula fοr a bοnd. The bοnd's selling price is the present value οf its future cash flοws, which are the semiannual cοupοn payments and the par value received at maturity. The prevailing interest rate οf 6% is used as the discοunt rate.
The bοnd has a 15-year maturity, which means it will have 30 semiannual periοds (15 years * 2).
Using the fοrmula fοr present value οf an annuity:
PV = C * [1 - (1 + r\()^{(-n)\)] / r + M / (1 + r)ⁿ
Where:
PV = Present value (selling price)
C = Cοupοn payment (7% οf par value = $70)
r = Interest rate per periοd (6% divided by 2 = 3%)
n = Number οf periοds (30)
M = Par value ($1,000)
Calculating the selling price:
PV = $70 * [1 - (1 + 0.03\()^{(-30)\)] / 0.03 + $1,000 / (1 + 0.03)³⁰
The selling price οf the bοnd is apprοximately $1,024.67.
Therefοre, the cοrrect answer is:
O $1,024.67
Fοr the secοnd questiοn:
Tο calculate the bοnd's annual cοupοn rate οf interest, we can use the fοrmula fοr yield tο maturity (YTM) and sοlve fοr the cοupοn rate.
Using the fοrmula fοr present value οf a bοnd:
PV = C * [1 - (1 + r\()^{(-n)\)] / r + M / (1 + r)ⁿ
Where:
PV = Current market price ($853.61)
C = Cοupοn payment (unknοwn)
r = Yield tο maturity per periοd (9% divided by 2 = 4.5%)
n = Number οf periοds (5 years * 2 = 10)
M = Par value ($1,000)
Since we knοw the current market price, we can rearrange the fοrmula tο sοlve fοr the cοupοn rate (C).
C = [PV * r * (1 + r)ⁿ] / [(1 + r)ⁿ - 1] / M
Calculating the cοupοn rate:
C = [$853.61 * 0.045 * (1 + 0.045)¹⁰] / [(1 + 0.045)¹⁰ - 1] / $1,000
The annual cοupοn rate οf interest fοr the bοnd is apprοximately 5.10%.
Therefοre, the cοrrect answer is:
O 5.10%
Learn more about rate of interest
https://brainly.com/question/30462006
#SPJ4
Gillian is a real estate licensee who attends a party at the home of a mortgage broker, Tim, with whom she has worked in the past. At the party, Tim offers her tickets to a concert, saying that he can’t use them. She accepts gladly, and laughs when Tim says as he hands the tickets over, "And all I ask in return is that you send a customer or two my way!" Is Gillian guilty of a violation? Unset starred question No, but Tim is. No, there is no violation. Not unless she neglects to disclose the exchange and the value of the tickets to her broker within three days. Yes, Gillian is guilty because she has accepted what is essentially a referral fee from a mortgage broker.
Answer:
Yes, Gillian is guilty because she has accepted what is essentially a referral fee from a mortgage broker.
Explanation:
Real Estate Settlement Procedures Act (RESPA) are a set of guidelines for licencing agents and real estate agents that is aimed at bringing transparency to settlement costs of properties.
It prohibits referral fees and kickbacks with the view of reducing final closing price to consumers.
In the given scenario Tim offers Gillian tickets to a concert, saying "And all I ask in return is that you send a customer or two my way!"
This is considered to be a referral fee which is in violation of RESPA.
1. Economics is all about
a. making money.
b. making decisions.
c. government controlling resources.
d. None of the above.
Which is NOT a type of planning used by management?
A Short-term
B Deliberate
C Strategic
D Long-term
Answer:
B Deliberate
Explanation:
Planning involves thinking ahead of events. It entails preparing beforehand for future activities. Managers will engage in planning to ensure the business meets its objectives.
There are different types of plans. Manager can make short term or long term plans which are based on time. Strategic plans are about methodology or procedure. Deliberate is not a type of planning.
After an impairment loss is recognized, the adjusted carrying amount of the intangible asset shall be its newaccounting basis. Which of the following statements about subsequent reversal of a previously recognized impairment loss is correct under U.S. GAAP?a. It is prohibited.b. It is required when the reversal is considered permanent.c. It must be disclosed in the notes to the financial statements.d. It is encouraged, but not required.
Answer:
A, it is prohibited
Explanation:
Under the U.S GAAP, subsequent reversal of a previously recognised intangible asset impairment loss is prohibited with the exception that the intangible asset is held up for the purpose of sale.
Cheers.
Although they may be represented by physical documents, ______ assets are, rights or privileges that cannot be seen or touched.
Although they may be represented by physical documents, intangible assets are, rights or privileges that cannot be seen or touched.
Intangible Assets:Intangible assets are identifiable non-monetary assets without physical substance. Such assets are identifiable if they are separable or arise from contractual or other legal rights. A separable asset can be sold, transferred, licensed, etc.
Intangible assets are assets without physical substance. Examples include patents, copyrights, franchises, goodwill, trademarks and trade names, and software. This is in contrast to physical and financial assets. Intangible assets are typically very difficult to value
What are tangible and intangible assets?Intangible assets have no physical existence but have monetary value. It has a significant place on the company's balance sheet and can support the overall valuation over the long term. Tangible assets have a finite value and physical existence.
Learn more about intangible assets:
brainly.com/question/14892188
#SPJ4
A special kind of imperfectly competitive market that has only two firms is called.
Answer:
The necessary characteristics for a market condition of perfect competition are as follow Prices in the marketplace are essentially controlled by the basic economic forces of supply and demand.In particular, sellers do not have any significant ability to control the prices of their goods or services.
Explanation:
hope this helps if not let me know
Answer:
Duopoly
Explanation:
A special kind of imperfectly competitive market that has only two firms is called a duopoly
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
In one week, Jill works at
Starbucks for 15 hours and is
paid $12 per hour. She earns
another $20 in tips. Jill also
works at a basketball referee at
the Kroc Center for 10 hours as
a pay rate of $11 per hour.
Jill's dad is a car mechanic and
Jill earns a 10% commission on
the first service for any new
customer she sends to her
dad's shop. Her dad did a
$1,000 brake job for a new
customer Jill sent to him.
What is Jill's gross income for
this week?
Answer:
$410
Explanation:
In one week, Jill works at Starbucks for 15 hours and is paid $12 per hour. She earns another $20 in tips. Jill also works at a basketball referee at
the Kroc Center for 10 hours as a pay rate of $11 per hour. Jill's dad is a car mechanic and Jill earns a 10% commission on the first service for any new customer she sends to her dad's shop. Her dad did a $1,000 brake job for a new customer Jill sent to him. What is Jill's gross income for this week?
starbucks: (15 * 12) + 20 = $200
krock center: 10 * 11 = $110
commission: 1,000 * 0.10 = $100
200 + 110 + 100 = $410
25 points, Why are certain brands global? 3-4 sentences, please.
Answer: Certain Brands can be global because of their profits, Let's take cars for a example, Cars can be made and distributed based on the company if they can pay for all the shipping and everything, but it really depends on the company and what they are selling.
Explanation:
Learn to manipulate the hair with the fingers and comb instead of relying on:
The hair texture
a.
b.
с.
d.
Mechanical aids
The setting lotion
Hair lacquer
Learn to manipulate the hair with the fingers and comb instead of relying on: "Mechanical aids" (Option A)
How to care for the hairMost people's hair-care procedures consist of four key components: cleaning, conditioning, heat style, and air drying. This is not to say that your hair-care routine must include all of these elements. For example, you should never apply heat on your hair.
Straight hair (or type 1 hair as it is generally known to) dries straight without a bend or curl. Wavy hair (type 2) is defined as hair that dries with a little curve or "S" form. You have one of two curl types if your hair dries with a definite curl or loop pattern.
Learn more about hair:
https://brainly.com/question/11632040
#SPJ1
1 point
10. In reviewing your account statement, you see a Balance Transfer Fee.
Based on the information you see in the statement, what would be the fee
if you transferred $3,000 from another credit card? *
Answer:
Find attached statement and the question which question number 10.
The correct option is C,$90
Explanation:
In the statement you would notice that the balance transfer from another credit card was $785,upon which balance transfer levy of $23.55 was charged(Section 7)
Intuitively, the percentage of balance transfer charge is $23.55 divided by the amount of balance transfer i.e $785
balance transfer charge(%)=$23.55/$785=3%
However, if the balance transfer were $3000,the charge is 3% of $3000 i.e $90 ($3000*3%).
The correct option then is C,$90
a small business in competition with larger firms is seldom in a position to function as a price leader. true or false
The statement a small business in competition with larger firms is seldom in a position to function as a price leader is TRUE.
Business competition with large firmsA small company that competes with bigger companies is rarely in a position to act as a pricing leader. For a number of reasons, this statement is generally accurate:
Economies of scale: Due to their higher production quantities, larger companies frequently profit from economies of scale, which enable them to manufacture goods or services at a cheaper cost per unit. They can provide reduced costs while still remaining profitable by utilizing their economies of scale. Small enterprises typically have constrained production capabilities and resources, making it difficult for them to compete on pricing with more powerful rivals.
Cost disadvantages: Small businesses may experience higher costs than larger companies because they have less purchasing power, less negotiating influence with suppliers, or higher operating costs.
Learn more on business competition here:https://brainly.com/question/28902069
#SPJ4
For normal goods, the substitution and income effects of a own-price decrease will:____________
For Normal goods, the negotiation and income goods lead to a reduction in the main price an increase in the quantity demanded.
- For normal goods, the income effect and the negotiation effect go in the same direction; a fall in the relative price of a good will increase the volume demanded, both because the good is now cheaper than backups and because the lower price means consumers have lesser purchasing power overall.
- A normal good is a good whose demand increases due to the increase in the consumer's income. Common goods have a positive correlation between income and demand.
One system of determination is the income plainness of demand. It's attained by dividing the chance change in demand by the chance change in deals.
To know more about Normal goods,
brainly.com/question/30764160
#SPJ4
____ is a method of achieving access to information by actually joining the organization as an employee or a consultant.
The method of achieving access to information by actually joining the organization as an employee or consultant is called industrial espionage.
Industrial espionageIndustrial espionage is a practice where one company gains access to trade secrets or confidential information from another company, and then uses that information to gain a competitive advantage in the marketplace.There are various forms of industrial espionage, and some of them are:
Recruiting or hiring current employees of a competitor to learn about their trade secrets and confidential information.
Bribing or blackmailing employees of a competitor to disclose confidential information.Infiltrating a competitor's computer system to steal confidential information.Accessing confidential documents or files by stealing or hacking.
To know more about organization visit:
brainly.com/question/24180671
#SPJ11
The cost of campaigning requires candidates to conduct extensive
activities.
O community service
O fund-raising
O illegal
O campaigning
Answer:
fund-raising
Explanation:
Running for a political office is an expensive affair. The candidate and political party require a lot of money to run a successful campaign. To raise funds needed to conduct campaigns, political parties and candidates organize fundraising activities and events.
Community service and campaigning are good platforms to woe voters but cannot generate funds to run for a political office.
Loan defaults are when ________.
a. customers pay back their loans
b. customers pay back their loans early
c. customers do not repay their loans
d. conspicuous consumption happens
Option (c), Loan defaults are when customers do not repay their loans. Loan defaults refer to the situation where borrowers fail to fulfill their obligations to repay their loans according to the agreed-upon terms, which can result in negative consequences for both the borrower and the lender.
Loan defaults occur when borrowers fail to make the required payments on their loans. This can happen for a variety of reasons, such as financial hardship, job loss, or other unforeseen circumstances. When a borrower defaults on a loan, it can have negative consequences for their credit score and financial future. It can also have implications for the lender, who may need to take legal action to try to recover the unpaid debt.
Learn more about Loan defaults: https://brainly.com/question/8295354
#SPJ11
What does productivity measure for a business?
A. Its efficiency in creating its product
B. Its ability to generate capital investment
C. Its variety of products on the market
O D. Its share of a market compared to competitors
Answer:
A. Its efficiency in creating its product
Explanation:
Productivity describes various measures of the efficiency of production. Often, a productivity measure is expressed as the ratio of an aggregate output to a single input or an aggregate input used in a production process, i.e. output per unit of input, typically over a specific period of time
Productivity measure for a business: its efficiency in creating its product. Thus, option A is the correct option.
What is Productivity?The effectiveness with which products and services are produced can be referred to as production process productivity. The most common method for determining productivity is to compare an aggregate output with a single input or an aggregate input with an aggregate output over time. Productivity refers to how quickly someone completes a task.
It may be described as the pace at which a business or nation creates products and services (output), often assessed in relation to the quantities of inputs (labor, capital, energy, or other resources) utilized to generate those goods and services. One of the main drivers of economic expansion and competitiveness is productivity.
Learn more about Productivity here:
https://brainly.com/question/30333196
#SPJ7
How does insurance fraud create higher overall prices for everyone?
Ya girl is stuck, i need help
Answer:
Auto insurance fraud affects all drivers because insurance companies determine their rates, at least partially, based on losses.
the negative impact of the coronavirus as one of the socio- economic issues on businesses
Answer: reducuced workforce across all economic sectors and caused many jobs to be lost.
Explanation:
SOMEONE PLEASE HELP ASAP!!! ECONOMICS!!! all you have to do is find an article and answer the 4 questions pls someone
Part B Scan reputable news sites for recent articles relating to fiscal policy from within the last six months. For example, you might find
that Congress is currently debating a new spending bill or just agreed to a tax cut. This list of search terms will help your search. Once you
find and read the article, fill in the requested information and respond to the four questions that follow in complete sentences.
Article title/headline:
Source (URL):
Date of publication:
1. Describe the fiscal policy action that is discussed in the article, including its status (such as under debate, approved, or rejected).
2. Would the fiscal policy action discussed in the article promote price stability, full employment, and/or economic growth? Explain.
3. Would the fiscal policy action discussed in the article, if approved, contribute to creation of a budget surplus or a budget deficit?
Would this likely increase, decrease, or not affect the national debt? Explain.
4. Do you approve or disapprove of the fiscal policy action described in the article? Explain your response and identify at least one
tradeoff for your choice.
Patrick and Kathy bought a home for $250,000 three years ago and sold it this year for $225,000. What is the deduction they can take for the loss on the sale
An amount of $0 will be the deduction they can take for the loss on the sale.
Is there deduction for loss as taxes?The will be no deduction on loss on sales because it is considered a nondeductible personal expense.
Hence, one can only deduct losses on the sale of property used for business or investment purposes.
Therefore, an amount of $0 will be the deduction they can take for the loss on the sale.
Read more about sales deduction
brainly.com/question/14869899
#SPJ1
You receive a text alert that you must fertilize 14 more acres in the next hour before it begins to
rain. What should you do?
A. Maintain current speed because you will be able to cover the additional acres in one hour.
B. Increase the engine speed to approximately 2,700 rpm to cover the additional acres in one
hour.
C. Increase speed to approximately 7.1 mph to cover the additional acres in one hour.
D. Increase to second gear to cover the additional acres in one hour.
Answer:
C
Explanation:
Increase speed to approximately 7.1mph to cover the additional acres in one hour