The demand for product x is highly inelastic and the supply of product x is highly elastic. The burden of an excise tax on product x will be borne primarily by the buyers of product x. Thus, option (d) is correct.
What is product?The thing being sold is called a “product.” A product and service market foundation. Items are divided into two categories: industrial products and consumer products.
The country's economy was based on demand and supply. Product x has a highly inelastic demand and a highly elastic supply. The buyer bears the cost of the excise tax on product x.
Therefore, option (d) is correct.
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_____ can be used for up to 90 percent of its assessed value.
Real estate
Accounts receivable
Insurance policies
Equipment
(ONLY ANSWER IF YOU ACTUALLY KNOW)
rates at business hotels are typically much lower on weekends than during the week
True or false?
Answer: I think is True
Explanation: I hope that helps :)
Explain any two (2) value chain activities that Coca-Cola makes use of.
Coca-Cola employs marketing and sales activities to create brand awareness and optimize their supply chain and manufacturing process to produce and distribute products efficiently.
Coca-Cola, one of the world's leading beverage companies, employs various value chain activities to produce and distribute its products effectively. Here are two examples of value chain activities that Coca-Cola uses
Marketing and Sales: Coca-Cola invests heavily in marketing and sales activities to create brand awareness and promote its products. They use various channels such as TV commercials, billboards, social media, and sponsorship of events to reach their target customers.
Operations: Coca-Cola has a highly efficient supply chain and manufacturing process that helps them produce and distribute their products efficiently. They have established production facilities in various regions worldwide, allowing them to produce and distribute products locally.
Overall, these value chain activities enable Coca-Cola to produce and distribute its products efficiently while maintaining the quality of its products and building brand loyalty among customers.
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Score: 0/450
Question Value:
In 2018, the U.S. balance of payment numbers showed that income received was $1,060.4 billion and
income payments were $816.1. What was the net result?
an outflow of $816.1 billion
a net inflow of $244.3 billion
a net outflow of $244.3 billion
an inflow of $1,060.4 billion
The net result of the U.S. balance of payment numbers in 2018 was a net inflow of $244.3 billion.
In 2018, the U.S. balance of payment numbers indicated that income received was $1,060.4 billion, while income payments amounted to $816.1 billion.
To determine the net result, we need to subtract the income payments from the income received.
Net Result = Income Received - Income Payments
Substituting the given values into the equation, we have:
Net Result = $1,060.4 billion - $816.1 billion
Calculating the difference, we find:
Net Result = $244.3 billion
This signifies a net inflow of funds, indicating that the United States received more income from abroad than it paid out. It is important to note that a positive net result implies a surplus in the current account, which includes trade in goods and services, income receipts, and unilateral transfers.
This surplus indicates a favorable position for the U.S. economy in terms of its international financial transactions during that period.
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1. If the two totals of a trial balance are equal, does it mean that there are no errors in the accounting records? Explain
2. Assume that when a purchase of supplies of $2,650 for cash was recorded, both the debit and the credit were journalized and posted as $2,560. (a) Would this error cause the trial balance to be out of balance? (b) Would the trial balance be out of balance if the $2,650 entry had been journalized correctly but the credit to Cash had been posted as $2,560?
1. If the two totals of a trial balance are equal, it does not mean that the accounting records are free of errors.
2a) The error of commission cannot cause the trial balance to be out of balance.
2b) If the $2,650 entry had been journalized correctly but the credit to the Cash had been posted as $2,560, the trial balance would not balance because another account was debited with $2,650.
What are the errors that do not affect the trial balance?The errors that do not affect the trial balance or cause it to be out of balance include:
Errors of principleErrors of original entryErrors of omissionErrors of commissionCompensating errors.A trial balance will be out of balance if an error is made on one side of the ledger.
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This management style is used with new employees. _______
An authoritarian management style is used with new employees. If you have new or inexperienced employees who require a lot of guidance and instruction, an authoritarian management style can also be effective.
Why is authoritarian leadership good?
Authoritarian leaders are effective because of their ability to inspire, motivate, and influence their teams. This motivation is frequently derived from their ability to comprehend a company's strategic goals and communicate them in an easy-to-follow manner to employees.
Authoritarian leadership, also known as autocratic leadership, is a leadership style in which a single person has complete decision-making authority and absolute control over his subordinates.
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Your friend is trying to establish good credit. Your friend is thinking about taking out a $15,000 auto loan to establish some credit on his credit report. Do you think this is a good idea for your friend to do this? Do you have an alternate suggestion? Why?
Answer:
I think this is a good idea if my friend has the income (job) to repay the loan and not miss a payment, and doing that will help build credit.
If my friend takes out the loan and knows it will not be repaid back on time and misses deadlines, it would be a bad idea to take the loan in the first place.
Another suggestion would be paying for groceries, gas, etc., and repay back if you have an income and build great credit that way.
Also, you can have a parent/guardian add you to their credit account, so let's say my friend's mother adds my friend to her account, and when the mother makes her payments, it will help my friend build credit.
Problems that may occur in a business due to lack of bureaucracy
Answer:
Bureaucracy helps to form a rigid organisation.
Explanation:
Any corporation needs formal as well as informal work groups in the organisation for a corporation to achieve its targets it will need the presence of a bureaucratic approach.
bureaucracy in the organisation is to increase the level of formality,
better communication among the colleagues
as well as increase overall productivity.
List a minimum of four reasons why you might be rejected for a job offer.
Answer:
1. You don't have enough experience for the job.
2.There was a better candidate for the job.
3.You didn't take an interview seriously.
4.Your not professional enough.
5.You might have a criminal record and this job you are applying for doesn't want someone with a bad record.
6.You don't have any recommendations.
7.Your previously bosses say that you aren't a good employee.
8.You aren't punctual. (on time)
You misidentified the post for which you applied. You made a horrible first impression. You lack the necessary experience for the position. A better applicant was available for the position.
What are the methods of accepting and rejecting Job offers ? You weren't serious about the interview. You lack professionalism. This job you are seeking for might not want someone with a criminal record since you might have one. You lack any recommendationsAccept the job:
There are many different ways to accept a job, and frequently, people do so because they are attracted to the conditions that the employer is offering, such as the pay or the work schedule.
The ideal technique to accept it is in person, outlining what you anticipate from the business and expressing gratitude for the chance.to cooperate with them
Reject the position:
A lot of people turn down jobs due to unstable economic conditions, negative company references, demanding schedules, or a counteroffer from another employer.
The ideal method to turn down a job is to send an email explaining why you can't do it without getting into too much detail, without using many words, or in a stilted, official manner.
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The Jennings Group reacquired 2 million of its shares at $50 per share as treasury stock. Last year, for the first time, Jennings sold 1 million treasury shares at $51 per share. If Jennings now sells the remaining 1 million treasury shares at $47 per share, by what amount will retained earnings decline
Answer: $2,000,000
Explanation:
Treasury stock is simply a stock that is bought back by a company while retained earnings are cumulative profit that a company makes after dividends has been paid out.
From the question, gain per share will be: $51 - $50 = $1
Therefore, there will be increase in retained earnings by $1 million.
The deficit per share will be:
= $47 - $50 = $-3
The amount that is declined in the retained earnings will now be:
= $-3 × 1,000,000
= $-3 million
The amount by which retained earnings will decline will be:
= $3,000,000 - $1,000,000
= $2,000,000
A company has net income of $188,000, a profit margin of 7.1 percent, and an accounts receivable balance of $127,370. Assuming 70 percent of sales are on credit, what is the company’s days’ sales in receivables?
Answer:
The company’s day’s sales in receivable is 25.08days
Explanation:
To determine the day’s sale’s in receivable the receivable turnover is to be determined from the credit sales which is determined by using the credit sales percentage over the total sales; and the total sales is computed from using the net income and profit margin.
Computation:
\(\begin{aligned}\text{Day's sales in receivable}&=\frac{\text{365 days}}{\text{Receivable Turnover}}\\&=\frac{365}{14.55}\\&=25.08\text{days} \end{aligned}\)
Working Note:
\(\begin{aligned}\text{Profit Margin}&=\frac{\text{Net Income}}{\text{Total Sales}}\\7.1\%&=\frac{\$188,000}{\text{Total Sales}}\\\text{Total Sales}&=\$2,647,887 \end{aligned}\\\\\\\begin{aligned}\text{Credit Sales}&=70\% \text{of Total Sales}\\&=70\%*\$2,647,887\\&=\$1,853,521\\\end{aligned}\\\\\\\begin{aligned}\text{Receivable Turnover}&=\frac{\text{Credit Sales}}{\text{Accounts Receivable}}\\&=\frac{\$1,853,521}{\$127,370}\\&=14.55\text{times} \end{aligned}\)
The Berne Conventions provides for international protection of copyrights.
True
False
True or False. You should use your net income, or income after taxes have been taken out, to create a more accurate budget.
Answer:
The answer is true Goodluck
this is for Accounting 1
Answer:
B
Explanation:
secretaries
hope this is helpful.
Alexander Rees is concerned about appearing knowledgeable in exporting. What are
some of the factors he mentions in the project letter?
A-Finding good coffee
B-Developing a reliable source for twizzle sticks
C-Travel costs
D-Cultural Differences and exchange rates
Alexander Rees is concerned about appearing knowledgeable in exporting. The some of the factors he mentions in the project letter are
Travel costs
Cultural Differences and exchange rates
Thus option (C) and (D) are correct.
What is a cost?The cost is the expenditure or spending required or incurred to create and sell products and services, or to acquire assets.
When a product is sold or consumed, a cost is charged to expense. In the case of a buying of an asset, the charge to expense could be significantly deferred. The cost concept underlies the transition of assets from the balance sheet to expenses in the income statement.
Alexander Rees is concerned about appearing knowledgeable in exporting. Travel costs and Cultural Differences and exchange are some of the factors he mentions in the project letter.
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explain the three components of the term Risk
Risk consists of three parts: the uncertain situation, the probability of the situation occurring, and the effect of the event (positive or negative) on the success of the project.
The tripartite definition helps with three critical steps in the risk management process:
When you identify risks, it supports a structured risk description ("risk metalanguage") of the form: "When you step in, something can happen that leads to it."
In risk analysis, knowing the possible causes allows to estimate the probability; impact identification is the basis for impact quantification.
When planning risk measures, different parts of the definition offer different ways to respond
omeowner's Insurance Premium
Home Owner's Policy Comparison Deductible
Policy 1 $1,600
Policy 2 $2,000
Which statement below correctly compares the premium prices for these insurance policies?
A. Policy 2 will have a higher premium because it has a lower
deductible than Policy 1.
B. Policy 1 will have a higher premium because it has a lower
deductible than Policy 2.
C. Policy 2 will have a higher premium because it has a higher
deductible than Policy 1.
D. Policy 1 will have a lower premium because it has a lower
deductible than Policy 2.
The correct statement that compares the premium prices for these insurance policies is:
B. Policy 1 will have a higher premium because it has a lower deductible than Policy 2.
In the context of insurance policies, the deductible is the amount the policyholder must pay out of pocket before the insurance coverage kicks in.
A lower deductible means the insurance company will have to cover a larger portion of the claim, which typically leads to a higher premium.
Policy 1 has a lower deductible of $1,600 compared to Policy 2's deductible of $2,000.
Therefore, Policy 1 will likely have a higher premium because the insurance company would bear a greater portion of the claim costs.
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Duncan, Inc.'s unadjusted book balance showed cash balance of $1,763 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of $427, deposits in transit of $831, NSF check of $195, and interest earned on the bank account of $15, the company's up-to-date ending cash balance equals:$_____
Answer:
the up-to-date ending cash balance is $2,167
Explanation:
The computation of the up-to-date ending cash balance is shown below:
= Cash balance + deposit in transit - outstanding checks
= $1,763 + $831 - $427
= $2,167
Hence the up-to-date ending cash balance is $2,167
We simply applied the above formula
Paint packaged in aerosol cans is dangerous because it has a risk of ___________.
Polluting
Leaking
Exploding
Spilling
Paint packaged in aerosol cans is dangerous because there is always a risk of explosion of paints from such cans. Therefore, the option C holds true.
What is the significance of explosion?Explosion can be referred to or considered as a phenomenon of physics wherein there is an outburst of the materials or matter contained inside any such container due to extreme pressure being built up inside the walls of such container.
An aerosol can is such a can which is filled with tight gases to make or build pressure inside the container. When it is filled with paints, the chemicals of gas and paint may react together and lead to explosion due to building up of extreme amount of pressure.
Therefore, the option C holds true regarding the significance of explosion.
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scientific management.
management by objectives (MBO).
the program evaluation and review technique (PERT).
programmed management.
Answer:
im bored soo hi
Explanation:
Many families cannot afford to travel to distant places, so the " staycation has become popular People on a staycation make short trips to nearby places, but they go back home to sleep. How might a hotel attract local people who are staycationing?
Answer:
The first thing is to categorize target customer to either by Sex, group age.social status.etc..
econdly,it to identify preferred offer that suite each category
Thirdly ,Create different offer at different seasonal or Holiday to attract local people.
fourthly,improve the indoor design and the outlook of the premises.
Explanation:.
The best way is to Capture target customer and provide essential services that makes them ask for more
Which of the following are examples of internal communication?
Memos
Formal letters
Quality control alerts
Client newsletters
Answer:
Memos
Explanation:
it is confirmed . And correct
Memos are examples of internal communication. Thus, option 'A' is the correct option.
What is meant by internal communications?Within a corporation, internal communication is a comprehensive process. In order to accomplish the objectives of the company, it covers how information is distributed laterally and up and down communication routes. Within teams and throughout the organization, communication is shared in a variety of ways (verbally, in writing, and digitally). The goal of internal communication is to provide an efficient flow of information across departments and coworkers inside a business. This holds true for all levels of management and staff.
It also functions among staff members who are communicating with one another at work. Employee engagement is increased and corporate culture is nurtured by effective internal communication. Information can be exchanged verbally or electronically using tools like the workplace intranet. An intranet's attractiveness is that it's accessible to employees and is accessible around the clock.
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Dristell Inc. had the following activities during the year (all transactions are for cash unless stated otherwise):
A building with a book value of $400,000 was sold for $500,000.
Additional common stock was issued for $160,000.
Dristell purchased its own common stock as treasury stock at a cost of $75,000.
Land was acquired by issuing a 6%, 10-year, $750,000 note payable to the seller.
A dividend of $40,000 was paid to shareholders.
An investment in Fleet Corp.’s common stock was made for $120,000.
New equipment was purchased for $65,000.
A $90,000 note payable issued three years ago was paid in full.
A loan for $100,000 was made to one of Dristell’s suppliers. The supplier plans to repay Dristell this amount plus 10% interest within 18 months.
Answer:
Net cash flows from financing activities = (45000)
Explanation:
Common stock issued 160000
Treasury stock purchased (75000)
Dividends paid (40000)
Note payable repaid (90000)
Net cash flows from financing activities
(45000)
8. Why is language so critical in understanding international culture? How can this problem be dealt with effectively?
Answer:
By learning a foreign language, you can understand ideas and thoughts that may be different from your own culture. You can learn customs and how people interact in a given society. Language helps preserve cultures, but it also allows us to learn about others and spread ideas quickly. Language Is Important To Business
Language Is Important To Culture And Society Language helps us express our feelings and thoughts — this is unique to our species because it is a way to express unique ideas and customs within different cultures and societies. By learning a foreign language, you can understand ideas and thoughts that may be different from your own culture.
It is also an inseparable part of our culture. Why is language important to culture? While there is still some debate whether the particular language influences people’s thought process or it is indeed people’s culture that influences the language, there is no doubt that language and culture are closely connected.
Language changes often represent a culture’s changing values. Language and culture are inextricably related. And you can’t learn one without first knowing the other. Language is related to all features of human life in society. And comprehension of the surrounding culture is key to learning a language.
Explanation:
You can comprehend concepts and thoughts that may differ from those in your own society by studying a foreign language. You can discover the traditions and social dynamics of a certain society. Language not only enables us to learn about others and share ideas swiftly, but it also aids in the preservation of civilizations. The importance of language in business
What is language?Language is a set of common spoken, manual (signed), or written symbols that people use to communicate as members of a social group and members of that group's culture. When people in a particular country or region talk or write, they use a particular set of sounds and written symbols, which together make up their language.
The Value of Language in Culture and Society Our ability to express ourselves through language is unique to our species because it allows us to communicate the distinctive concepts and practices that exist across various civilizations and societies. You can comprehend concepts and thoughts that may differ from those in your own society by studying a foreign language.
Therefore, In addition to helping us share ideas and learn about others, language also
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In 2014, a drought in the Midwest raised grain prices, leading to a decline in the size of cattle herds. Ultimately, the price of ground beef rose from about $3 a pound to over $4 by 2015. Demonstrate graphically the effect of the drought on equilibrium price and quantity in the ground beef market.
Answer:
please check the attached image for a graphical representation
Explanation:
As a result of the drought, the supply of ground beef would fall. This would lead to a leftward shift of the demand curve. As a result equilibrium price would rise and equilibrium quantity would fall
demarco and tanya have received information about the separate mortgage offers. In two or three paragraphs describe your recommendation for the best financial choice in their situation.
There are a few fundamental elements to be kept in mind when assessing potential mortgage offers, which include:
How to make the recommendationInterest rate: This is one of the key components to ponder upon when evaluating different mortgages. A lower interest rate entails smaller monthly payments as well as a decrease in sum spent on interest overall during the duration of the loan.
Loan term: The length of the loan is another aspect that should not go unnoticed. When opting for a briefer loan, more money will be spent towards monthly payments but correspondingly less towards interest. However, if you desire a longer period, then the opposite is true with fewer monthly payments but expenditure on interest increases.
Closing costs: It is essential to take closing fees into consideration since they can end up reaching staggering heights. Closing costs refer to every single amount related to taking out a mortgage and ought to be given due thought before deciding on an offer.
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Pizza International, Incorporated, reported the following information (in thousands):
Operating Activities
Net Income $ 100
Depreciation 33,305
Increase in receivables 170
Decrease in inventory 643
Increase in prepaid expenses 664
Decrease in accounts payable 8,720
Increase in accrued liabilities 719
Decrease in income taxes payable 2,721
Payments on notes payable 12,691
Cash paid for equipment 29,073
The following is the summarized income statement for Pizza International, Incorporated (in thousands):
Revenues $ 143,551
Cost of Sales 45,500
Gross Profit 98,051
Salary and Wages Expense 56,835
Depreciation 33,305
Office Expense 7,781
Net Income before Income Tax Expense 130
Income Tax Expense 30
Net Income $ 100
Required:
Based on this information, compute cash flow from operating activities using the direct method. Assume Prepaid Expenses and Accrued Liabilities relate to office expenses.
What was the primary reason that Pizza International was able to report large positive cash flow from operations despite nearly having a net loss?
The combination of adding back non-cash expenses, decreases in working capital accounts, and a decrease in inventory contributed to the large positive cash flow from operations despite nearly having a net loss.
To compute cash flow from operating activities using the direct method, we need to analyze the changes in different balance sheet accounts. Let's go step by step:
Step 1: Calculate Cash Flows from Operating Activities using the Direct Method
- Start with net income: $100,000
- Add back depreciation: $33,305
- Subtract the increase in receivables: $170
- Add the decrease in inventory: -$643 (Note: decrease is subtracted)
- Subtract the increase in prepaid expenses: -$664
- Add the decrease in accounts payable: -$8,720 (Note: decrease is subtracted)
- Subtract the increase in accrued liabilities: -$719
- Add the decrease in income taxes payable: -$2,721
- Subtract payments on notes payable: -$12,691
- Subtract cash paid for equipment: -$29,073
Cash flow from operating activities using the direct method: $99,464
Step 2: Analyzing the reason for positive cash flow from operations despite a net loss
The primary reason that Pizza International was able to report large positive cash flow from operations despite nearly having a net loss is due to non-cash expenses, such as depreciation, which is added back to net income. Depreciation is a non-cash expense that reduces net income but does not involve actual cash outflow. Therefore, adding back depreciation increases the cash flow from operating activities.
Additionally, there were decreases in working capital accounts, such as accounts payable and income taxes payable, which led to a positive impact on cash flow from operating activities. The decrease in accounts payable and income taxes payable means that Pizza International paid off its liabilities, resulting in a decrease in cash outflow.
Furthermore, there was a decrease in inventory, which also positively impacted cash flow from operating activities. Decreasing inventory reduces the amount of cash tied up in unsold goods.
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Question 4 of 10
What business practice is most helped by free trade practices?
O A. Competition
B.
Standardization
C. Preserving economic resources
D. Increasing import revenues
SUBMIT
Alex and Tory are married and filing jointly. Their gross income is
$150,000. How much do they owe in federal taxes?
Answer:
$27,009.00
Explanation:
Please mark brainliest
Amount owe in federal taxes is $9,889
Tax based problem:Given that;
Gross income = $150,000
Married and filing jointly
Find:
Amount owe in federal taxes
Computation:
Taxable Income = Gross Income - Standard Deduction
Taxable Income = $150,000 - $24,800
Taxable Income = $125,200
Tax rate slab between [$80,250 to $171,050] is 22%
So,
Amount owe in federal taxes = 22%[125,200 - 80,250]
Amount owe in federal taxes = $9,889
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Zachary Pointers Corporation expects to begin operations on January 1, year 1; it will operate as a specialty sales company that sells laser pointers over the Internet. Zachary expects sales in January year 1 to total $330,000 and to increase 15 percent per month in February and March. All sales are on account. Zachary expects to collect 68 percent of accounts receivable in the month of sale, 20 percent in the month following the sale, and 12 percent in the second month following the sale.
Required:
a. Prepare a sales budget for the first quarter of year 1.
b. Determine the amount of sales revenue Zachary will report on the year 1 first quarterly pro forma income statement.
c. Prepare a cash receipts schedule for the first quarter of year 1.
d. Determine the amount of accounts receivable as of March 31, year 1.
a. Year 1's first quarter sales budget: Month January February March Total Sales $330,000 $379,500 $436,425 Sales revenue for the first quarter of the year 1 pro forma income statement: $1,145,925
Prepare a sales budget for the first quarter of year 1.Revenue January February March Total Sales $330,000 $379,500 $436,425 $1,145,925
Total $330,000 $379,500 $436,425 $1,145,925
c. The cash receipts plan for the first quarter of year 1 is as follows:
Month January February March Total Sales $330,000 $379,500 $436,425 $1,145,925 Collection $224,400 $145,725 $121,174 $491,299
Total amount of money: $224,400, $370,125, $491,299, $1,085,824
d. Receivables as of March 31 of the first year:
Month December January February March Total Opening balance$0 $49,500 $142,425 $191,925
Credit sales$330,000 $379,500 $436,425 $1,145,925
Less: accumulation$145,725 $121,174 $224,400 $491,299 Closing balance$105,600 $283,275 $457,676 $846,551
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