Sean is an economics student and preparing to give a slideshow presentation to his
economics class focused on various economic laws. The first law that he will be
discussing has to do with producers offering more of a good or service as the price
rises. Based on this, what did Sean MOST likely use for the title of this slide?
Answers
Sean is an economics student and preparing to give a slideshow presentation to his economics class focused on various economic laws. Sean most likely used the term "Law of Supply" as the title of this slide, which states that producers are willing to offer more of a good or service as the price increases.
The law of supply states that producers will offer more of a good or service as the price of that good or service rises. This is because as the price increases, producers are able to earn a higher profit margin and are incentivized to increase their production levels. Understanding the law of supply is a fundamental concept in economics and is essential for understanding how market forces interact to determine prices and production levels.
The law of supply is based on the assumption of ceteris paribus, which means "all other things being equal". This means that the law of supply assumes that there are no changes in other factors that could affect the supply of the good or service, such as changes in production costs, technology, or government regulations. In reality, these other factors can also influence the supply of a good or service and cause the supply curve to shift.
Learn more about the Supply curve: https://brainly.com/question/11717727
#SPJ11
Related Questions
At the beginning of the year, Carla Vista Company had total assets of $897,000 and total liabilities of $515,000. (Treat each item independently.) If total assets increased $140,000 during the year and total liabilities decreased $84,000, what is the amount of stockholders’ equity at the end of the year?
Answers
The formula for calculating stockholders’ equity is: Stockholders’ equity = Total assets - Total liabilities. Using the information provided, at the beginning of the year, the stockholders’ equity was $382,000 ($897,000 - $515,000). At the end of the year, the total assets increased by $140,000 and total liabilities decreased by $84,000. Therefore, the new total assets are $1,037,000 ($897,000 + $140,000) and the new total liabilities are $431,000 ($515,000 - $84,000).
Plugging these numbers into the formula gives us a new stockholders’ equity of $606,000 ($1,037,000 - $431,000). Therefore, the amount of stockholders’ equity at the end of the year is $606,000.
At the beginning of the year, Carla Vista Company had total assets of $897,000 and total liabilities of $515,000.
During the year, total assets increased by $140,000, making the end-of-year assets $1,037,000 ($897,000 + $140,000). Simultaneously, total liabilities decreased by $84,000, resulting in end-of-year liabilities of $431,000 ($515,000 - $84,000). To determine the stockholders' equity at the end of the year, subtract the total liabilities from the total assets: $1,037,000 - $431,000 = $606,000. Therefore, the stockholders' equity at the end of the year is $606,000.
To know more about stockholders visit-
https://brainly.com/question/16225453
#SPJ11
suggest two strategies that entrepreneurs can use to succeed in their business
Answers
Answer:
Explanation: The top most and essential one is first have an idea about the business and then comes:
1.Customer relations
2.Monitoring budget plan
The SmartArt icon will allow you to include which of the following on a slide?
Answers
I think the answer is Graphs, I hope this helps
Products in the Blank______ stage of the product life cycle tend to consume a disproportionate share of management and financial resources relative to their future worth.
Answers
Answer:decline
Explanation:
products in the DECLINE stage of the product lifestyle tend to consume
This question is from Financial Management Theory and Practice 13th Edition - Chapter 15 - Capital Structure Decisions.
(15-8)
The Rivoli Company has no debt outstanding, and its financial position is given by the following data:
Assets (book = market) 300,000
EBIT 500,000,
Cost of Equity, rs 10%
Stock Price, po $15
Shares outstanding, no 200,000
Tax Rate, t 40%
The firm is considering selling bonds and simultaneously repurchasing some of its stock. If it moves to a capital structure with 30% debt based on market values, its cost of equity, rs, will increase to 11% to reflect the increased risk. Bonds can be sold at a cost rd of 7%. Rivoli is a no growth firm. Hence, all its earnings are paid out as dividends. Earnings are expected to be constant over time.
a. ) What effect would this use of leverage have on the value of the firm:
b. ) What would be the price of Rivoli’s stock?
c. ) What happens to the firm’s earnings per share after the recapitalization?
d. ) The $500,000 EBIT given previously is actually the expected value from the following probability distribution:
Probability EBIT
0. 1 100,000
0. 2 200,000
0. 4 500,000
0. 2 800,000
0. 1 1,100,000
Determine the times – interest – earned ratio for each probability. What is the probability of not covering the interest payment at the 30% debt level?
Answers
The probability of not covering the interest payment at the 30% debt level can be calculated as the sum of the probabilities where the TIE ratio is less than one: Probability of not covering interest = Probability (TIE < 1) = 0.4 + 0.2 + 0.1 = 0.7 or 70%
a. The use of leverage will increase the value of the firm, as interest payments on debt are tax-deductible, leading to a decrease in the net cost of debt. This, in turn, will result in an increase in the overall value of the firm.
b. The price of Rivoli's stock after the recapitalization can be calculated as follows:
Market value of equity = Number of shares outstanding × Price per share = 200,000 × $15 = $3,000,000
Market value of debt = 0.3 × $3,000,000 = $900,000
Total value of the firm = Market value of equity + Market value of debt = $3,000,000 + $900,000 = $3,900,000
Number of shares outstanding after repurchase = 200,000 - (Market value of debt / Price per share) = 200,000 - ($900,000 / $15) = 146,000
Price per share after repurchase = Total value of the firm / Number of shares outstanding after repurchase = $3,900,000 / 146,000 = $26.71
c. The firm's earnings per share (EPS) will increase after the recapitalization due to a reduction in the number of outstanding shares. The new EPS can be calculated as follows:
EBIT - Interest / Number of shares outstanding after repurchase = ($500,000 - 0.07 × $900,000) / 146,000 = $2.84
d. The interest payment at the 30% debt level is:
Interest payment = Market value of debt × rd = 0.3 × $3,000,000 × 0.07 = $63,000
The times-interest-earned (TIE) ratio for each probability can be calculated as follows:
Probability EBIT TIE Ratio
0.1 $100,000 14.29
0.2 $200,000 11.43
0.4 $500,000 5.87
0.2 $800,000 7.94
0.1 $1,100,000 10.08
The probability of not covering the interest payment at the 30% debt level can be calculated as the sum of the probabilities where the TIE ratio is less than one:
Probability of not covering interest = Probability (TIE < 1) = 0.4 + 0.2 + 0.1 = 0.7 or 70%
Learn more about probability Visit: brainly.com/question/13604758
#SPJ4
When an annuity is written, whose life expectancy is taken into account? A. Owner
B. Annuitant C. Beneficiary
D. Life expectancy is not a factor in writing annuity
Answers
When an annuity is written, the annuitant's life expectancy is taken into account. The Option B.
Whose life expectancy is taken into account?The annuitant is the individual whose life expectancy is used to calculate the payout amounts and duration of the annuity. This means that the longer the annuitant is expected to live, the smaller the periodic payments are likely to be.
The annuitant's age and health are important factors considered in the underwriting process of an annuity. The owner and beneficiary of the annuity may be different individuals from the annuitant and may have different roles and rights related to the annuity contract.
Read more about annuity
brainly.com/question/14908942
#SPJ1
A+perpetuity+of+$8,386+per+year+is+said+to+offer+a+6%+interest+rate.+what+is+its+present+value?
Answers
To calculate the present value of a perpetuity, we can use formula PV = CF / r, where PV is the present value, CF is the cash flow, and r is the interest rate.
Step 1: Identify the cash flow (CF)In this case, the cash flow is given as $8,386 per year.Step 2: Determine the interest rate (r)The interest rate is stated to be 6%.Step 3: Calculate the present value (PV)Using the formula PV = CF / r, we can substitute the values:PV = $8,386 / 0.06
To calculate the present value of a perpetuity, we can use the formula PV = CF / r, where PV is the present value, CF is the cash flow, and r is the interest rate.Step 1: Identify the cash flow (CF) In this case, the cash flow is given as $8,386 per year. This means that the perpetuity will pay $8,386 annually indefinitely.
To know more about present value visit:
https://brainly.com/question/32731114
#SPJ11
Show graphically the abnormal profit (economic profit) area of the pure competition firm in the short run.
Answers
The graph showing economic profits is in the image.
Perfect or pure competition is explained as "a condition in an industry where that industry is composed of many tiny firms providing homogenous products, when there is no barrier to the entry or leave of firms, and when full data is available."
In the short-run, the pure or perfect competition profit of a firm go up to the maximum position in situations where marginal revenues (MR) equals to the marginal cost (MC).
When the price (P) is higher than average cost (AC) for a given period of time, the firm can generate abnormal or economic profits in the Short run.
The difference between abnormal and normal profit is related to the link between average total cost and average market price, and abnormal profit can only be produced when average revenue is higher than average total cost. It's crucial to keep in mind, though, that not every business has the ability to make earnings that are above average
The characters in the graph stands for:
D = Demand in the market
MR = Marginal Revenue
MC = Marginal Cost
ATC = Average Total Cost
Short Run Profit = ( P - ATC ) × Quantity
To know more about economic profits and short and long runs,
brainly.com/question/30006091
The journal entry to close the fees earned, $115, and rent revenue, $20, accounts during the year-end closing process would involve:_________.
Answers
The closing account for Fees earned and Rent revenue is Profit or loss account.
What is Rent?Rent is the cash compensation for occupying a property of an owner for a specific period of time, the rental expense is paid by the occupier to the owner of the property.
The rent is paid monthly, semi annually or annually as per the agreed duration of time in the contract also the amount of the rent is also agreed and mentioned in the contract, the contract is a legal document and can be challenged in court of law if any party breaches the clause(s).
The fees earned and rental income is reflected in the other income head of the Profit or loss account and that is why its closing entry contains this account. The fees earned and the rental income is not reported directly in the statement of Financial position.
Learn more about Rent at https://brainly.com/question/26958257
#SPJ1
What's a curling iron?
Answers
Answer:
A curling iron is a tool that is used on hair to create a tight or loose curl.
A company completes construction of a $400 million offshore oil platform and places it into service on January 1. State law requires that the platform be dismantled and removed at the end of its useful life, which is estimated to be 10 years. The company estimates that the cost of dismantling the platform will be $20 million. The discounted value of the liability is $9 million using the company's credit-adjusted, risk-free rate. The company has already capitalized the $400 million construction cost of the platform. What amounts should the company record as liability and expense when the asset is placed into service
Answers
Answer:
b. Liability, $9,000,000; expense, $0.
Explanation:
An asset retirement obligation (ARO) refers to an obligation with respect to the acquisition , construction, development, etc. The liability should be recognized the liability at the present value that should be expected to be paid for settling the obligations
Here the $9,000,000 million represents the liability
Also the journal entry is
Asset Dr
To liability
(Being the asset placed is recorded)
There is no expense should be recorded in the income statement
Why do you think it will be important to stay flexible if your goals change as you get
older?
Answers
Answer:
You will feel stronger once you gain a bit of flexibility, simply because that flexibility gives you the range of motion to let your muscles work more efficiently. Maintaining flexibility will aid in muscle and joints health, which can keep older adults doing their favorite daily activities and remain independent.
Why is it common for producers of services to sell through short distribution channels directly to the end user
Answers
Answer: “The people providing the service often fo so by interacting directly with the user”
Explanation: just took the quiz
Answer: B. The people providing the service often fo so by interacting directly with the user
Explanation: I just took the quiz and the answer was correct
Which is the preferred method of payment for making a hotel room reservation?
Answers
the main units of local government.
Answers
Answer:
There are four main types of local government- counties, municipalities (cities and town), special districts, and school districts. Counties are the largest units of local government, numbering about 8,000 nationwide. They provide many of the same services provided by cities.
Explanation:
We can derive the market demand curve for gold earrings
A) by adding horizontally the individual demand curves of each gold earring consumer.
B) by adding vertically the quantity demanded of each gold earring consumed at each
price.
C) by adding the prices each gold earring consumer is willing to pay for each quantity.
D) only if the tastes of all gold earring consumers are similar.
Answers
We can derive the market demand curve for gold earrings by adding vertically the quantity demanded of each gold earring consumed at each price. Hence the correct answer is option B).
The link between a good or service's cost and the total number of customers who want it is shown by the market demand curve. It displays the overall or aggregate demand for a product at different price points, presuming all other demand-affecting variables stay constant. The individual demand curves of each market consumer are horizontally added to create the market demand curve.
The quantity of each type of gold earring demanded at various price points is added vertically to derive the market demand curve for gold earrings. The market demand curve, which depicts the relationship between the price of gold earrings and the overall amount demanded in the market, can be plotted by adding up the quantity demanded by all consumers in the market at each price.
To know more about market demand curve:
https://brainly.com/question/7451501
#SPJ4
Write one to two paragraphs explaining the importance of the seven marketing functions. Include examples to illustrate your points.
Answers
Answer: See explanation
Explanation:
The seven functions of marketing include:
1. Marketing Information Management: This helps an organization to understand what the customers need. Information can be gathered through the review of market research reports, social media, feedback from sales team.
2. Distribution: An organization's distribution strategy helps the customers to know where to get the product or the company. Marketing helps in the distribution of goods and services to ones customers.
3. Pricing: Pricing plays a role in the success of a particular product. Marketing helps one to be aware of the pricing strategy to use in order to have a competitive edge over ones rivals.
4. Product/Service Management: Marketing is vital for the development of a product as the information gotten from customers can be used to incorporate in new products.
5. Promotion: Through marketing, prospective customers can be made aware of a particular product through promotional activities.
6. Sale - Marketing aids sales as it brings about an increase in the volume of goods sold to the public and also on ways to improve the product through feedbacks.
7. Financing: Successful marketing gives revenue to a business and help in strengthening the loyalty of customers and help in gaining new customers.
SECTION B
ANSWER ALL ITEMS IN THIS SECTION.
1. Fill in the blanks by classifying the following activities as primary, secondary or
tertiary production.
(Total 5 marks)
A
= Banking
В.
= Forestry
С.
Canning of fish
D.
= Doctor
Е.
Working as a lumberjack
Answers
A-tertiary
B-primary
C-secondary
D-tertiary
E-primary
PLEASE MARK ME BRAINLIEST
What type of business makes physical goods that customers can see or touch?
Internet service provider
banking industry
manufacturing industry
commodities industry
Answers
Manufacturing industry, type of business makes physical goods that customers can see or touch. Thus, option (c) is correct.
The term business refers to the earning the profit. The business is the taking the risk and the earning the profit. The business are the mainly focuses to the activity of the creating, distribution and selling concept based.
Manufacturing industry is a type of business that can produced the goods (product) are tangible form. Manufacturing industry produced two types of goods such as consumer goods and industrial goods. Customer can easily touch and feel the product.
As a result, the significance of the type of business makes physical goods that customers can see or touch are the aforementioned. Therefore, option (c) is correct.
Learn more about on business, here:
https://brainly.com/question/15826771
#SPJ1
When you plan a presentation, how should you make sure you stay on track as you talk?
A. Make a list of general topics and points you want to cover.
B. Write out every word of the presentation on notecards.
C. Memorize every word of the presentation in your head.
D. Have the audience tell you what else you need to talk about.
Answers
Answer:
A make a list
Explanation:
Answer:
It's A. Make a list of general topics and points you want to cover.
Explanation: hope it helps ^w^
3. List the possible fees associated with a checking account and describe where you can find out about these fees.
Answers
Answer:
Three possible fees associated with a checking account:
ATM fees: they usually applied to ATMs that are for general purpose, or that are not affiliated to your bank.Overdraft fees: they occur when you try to withdraw more money than you have on your account, or when you overspend. They can be avoided by keeping control of how much money you have left.Lost card fee: in case you lose your card and need the bank to issue it again, the bank will likely charge you a fee.
Janie took a vacation to Italy and bought $1,000 worth of jewelry in Florence. The United
States will allow Janie to bring $800 back into the country duty free. What happens to the
other $200 that is part of her total expenditure?
Answers
Answer: Janie must pay an ad valorem tariff on the extra $200
Explanation:
Coming in from Italy, the US Government will allow Janie to bring in $800 worth of Jewelry into the country. The rest will be charged a Customs Duty or Tariff.
Customs duties are charged by the Government on imported goods as a way to reduce trade on imports which would in theory stimulate purchasing from domestic companies. It also brings in revenue for Government.
Customs duties are usually ad valorem in nature which means that they are charged as a percentage of the good's value. In this case that percentage will probably be 3% as the value is less than $1,000.
During the current year, Sokowski Manufacturing earned income of $316,910 from total sales of $4,730,000 and average capital assets of $11,000,000. A. Based on this information, calculate asset turnover. If required, round your answer to two decimal places. Fill in the blank 1 times B. Assume sales margin is 6. 7%, what is the total ROI for the company during the current year
Answers
Costs in beginning work in process inventory was $4,500 and $37,800 in costs were added during the period. If there are 7,050 equivalent units, the cost per equivalent unit under the weighted-average method is $
Answers
The cost per equivalent unit under the weighted-average method is $6.
Cost per equivalent unitUsing this formula
Cost per equivalent unit= Beginning work in process inventory+Cost added/Equivalent units
Where:
Beginning work in process inventory=$4500
Cost added=$37800
Equivalent units=7050
Let plug in the formula
Cost per equivalent unit=(4500+37800)/7050
Cost per equivalent unit=42300/7050
Cost per equivalent unit= $6
Inconclusion the cost per equivalent unit under the weighted-average method is $6.
Learn more about cost per equivalent unit here:https://brainly.com/question/20709670
Which document provides the information the firm needs to evaluate and revise its social responsibility program
Answers
The document that provides the information a firm needs to evaluate and revise its social responsibility program is the social responsibility report.
The social responsibility report is a comprehensive document that outlines the firm's initiatives, policies, and actions related to social responsibility. It provides detailed information about the firm's efforts in areas such as corporate governance, environmental sustainability, community engagement, employee well-being, and ethical practices. The report includes data, metrics, and case studies that assess the firm's performance and impact in these areas.
By analyzing the information presented in the social responsibility report, the firm can evaluate the effectiveness of its current program, identify areas for improvement, and make necessary revisions to align with its goals and stakeholder expectations. This document serves as a valuable tool for internal assessment, external communication, and continuous improvement of the firm's social responsibility program.
learn more about "social ":-
https://brainly.com/question/23976852
#SPJ11
If a firm belives tht some of its debtors may default and it should act on this by making sure tht all possible losses are recorded in the books this is an example of which concept
Answers
Answer: Conservatism
Explanation: The conservatism concept can be ncept may be explained as an accounting principle which ensures that an organization tends to be very careful in handling its finances, with the conservatism concept, financial management often lean towards an approach which tends to play down future gains and concentrate more on potential chances of losses in the future. With such approach the organization tends to be very prudent in its financial management. In other words, conservatism shifts toward a tendency to understate its asset or income rather than overstate its asset.
Double entry Received commission by Cheque
Answers
Answer:
congratulations sirr
Explanation:
ask any question or queries not other things
sorry if this was hurtful to you
A consulting company won a $20.8 million three-year contract. The contract requires software development, hosting, and maintenance over three years. The total estimated cost of the project is $17 million, with $10 million expected in Year 1, $5 million in Year 2, and $2 million in Year 3. The billing schedule shows that $5 million will be billed upon start of the work, and then $5 million at each year end. At the end of the first year, the actual cost incurred is $9 million, and total estimated costs are unchanged at $17 million. Using the percentage-of-completion method, how much revenue should be recognized at the end of the first year
Answers
Answer:17%
Explanation: I just want points
Consider a closed economy with a government. Consumption is given by C = 1,000 + 0.8Yd Further, t = 0.2, I = 500 and G = 300.
(1) Compute the equilibrium level of output.
(2) Suppose that G rises to 400. How much of Y rises as a result?
(3) Compute the size of the expenditure multiplier.
Answers
(1) Equilibrium output (Y) is approximately 6,750.
(2) Y rises by approximately 125 due to the equilibrium outputin G.
(3) The expenditure multiplier is approximately 2.78, implying a multiplier effect on equilibrium output from changes in autonomous spending.
(1) The equilibrium level of output (Y) can be calculated by using the formula: Y = C + I + G, where C is consumption, I is investment, and G is government spending.
Substituting the given values, Y = (1,000 + 0.8Yd) + 500 + 300.
Simplifying the equation, Y = 1,800 + 0.8Yd.
To find Yd (disposable income), we need to subtract taxes (tY) from Y: Yd = Y - tY.
Substituting the value of t (tax rate) as 0.2, we have Yd = Y - 0.2Y.
Simplifying further, Yd = 0.8Y.
Substituting this value into the equation for Y, we get Y = 1,800 + 0.8(0.8Y).
Solving this equation, Y ≈ 6,750.
(2) If G rises to 400, the equation for Y becomes Y = 1,800 + 0.8(0.8Y) + 400.
Simplifying, Y = 2,200 + 0.64Y.
Solving this equation, Y ≈ 6,875.
Therefore, Y rises by approximately 125 as a result of the increase in G.
(3) The expenditure multiplier (k) can be calculated as k = 1 / (1 - MPC), where MPC is the marginal propensity to consume.
In this case, the consumption function C = 1,000 + 0.8Yd can be rewritten as C = 1,000 + 0.8(0.8Y).
Simplifying, C = 1,000 + 0.64Y.
Comparing this with the equation for Y, we can see that MPC = 0.64.
Substituting this value into the formula for the expenditure multiplier, we have k ≈ 1 / (1 - 0.64).
Simplifying, k ≈ 1 / 0.36 ≈ 2.78.
Therefore, the size of the expenditure multiplier is approximately 2.78, indicating that a change in autonomous spending will have a multiplied effect on equilibrium output.
learn more about disposable income here:
https://brainly.com/question/14732695
#SPJ11
opportunities for fraud are ________ when a(n) ________ also handles cash.
Answers
Opportunities for fraud are higher when a(n) employee also handles cash.
Opportunities for fraud are greater when an individual who has access to cash is involved in its handling. This is because the individual can misuse or misappropriate the cash for personal gain without proper oversight or controls in place. When an employee has both the responsibility of handling cash and the opportunity to exploit it, there is an increased risk of fraudulent activities occurring.
The combination of access to cash and the ability to control its movement or disposition creates a situation where an individual can manipulate cash transactions, embezzle funds, or engage in other fraudulent activities. This can include skimming cash from sales transactions, creating fraudulent disbursements, or manipulating financial records to cover up the fraudulent activity.
To mitigate the risk of fraud, it is important for organizations to implement strong internal controls and segregation of duties. This means that responsibilities related to cash handling should be assigned to different individuals or departments to ensure checks and balances. By separating the tasks of handling cash, recording transactions, and reconciling accounts, organizations can reduce the opportunities for fraud and increase the chances of detection.
Opportunities for fraud are higher when a(n) employee also handles cash. To mitigate this risk, organizations should establish strong internal controls and segregation of duties to ensure proper oversight and reduce the chances of fraudulent activities.
To know more about fraud visit:
https://brainly.com/question/31032334
#SPJ11