When disposable income increases,
a) the consumption function shifts upward.
b) the consumption function shifts downward.
c) there is no movement along the consumption function, and the consumption function does not shift.
d) there is a movement downward along the consumption function, but the consumption function does not shift.
e) there is a movement upward along the consumption function, but the consumption function does not shift.

Answers

Answer 1

a) the consumption function shifts upward.
When disposable income increases, it leads to an increase in consumption. This relationship is captured by the consumption function, which represents the relationship between disposable income and consumption. An increase in disposable income causes individuals to have more funds available for spending, leading to an upward shift of the consumption function. This means that at each level of disposable income, individuals consume more compared to the previous level. Therefore, option a) is the correct answer.

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Related Questions

Which promotional mix strategy directs marketing efforts toward final consumers?
A) push
B) blitz
C) pull
D) buzz
E) pulse

Answers

The promotional mix strategy that directs marketing efforts toward final consumers is called pull.

The promotional mix consists of various marketing strategies that companies use to promote their products or services. Push and pull are two main promotional mix strategies. Push marketing is when companies direct their marketing efforts toward intermediaries, such as wholesalers or retailers, to push the product to the final consumer. Pull marketing, on the other hand, directs marketing efforts toward the final consumer, with the goal of creating demand for the product or service. This is typically done through advertising, sales promotions, and other marketing tactics that directly target the consumer. The pull strategy is effective when a company wants to build brand awareness and loyalty among consumers, and when the product is in high demand. In contrast, push marketing is more effective when a product is new or unknown, and the company needs to generate interest among intermediaries who can help promote the product. Overall, pull marketing is an important strategy for companies looking to build a strong relationship with their customers and create demand for their products or services.

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the banking system currently has $10 billion of reserves, none of which are excess. people hold only deposits and no currency, and the reserve requirement is 10 percent. if the fed raises the reserve requirement to 12.5 percent and at the same time buys $1 billion worth of bonds, then by how much does the money supply change? a. it rises by $19 billion. b. it falls by $12 billion. c. it falls by $19 billion. d. it falls by $21 billion.

Answers

The money supply will change as it falls by $12 billion. The correct option is b.

The banking system has $10 billion in reserves, and the reserve requirement is 10%, before the Fed increases the reserve requirement and purchases bonds. This suggests that the banking system has the following deposits:

D = R / rr = $10 billion / 0.1 = $100 billion ( rr = reserve ratio)

When Fed raises the reserve requirement to 12.5%, the required reserves increase to RR = rr × D' = 0.125 × $100 billion = $12.5 billion

D' = new deposits

ΔD = D - D' = $100 billion - $87.5 billion = $12.5 billion, money supply decreases by $12.5 billion

Additionally, the Fed purchases bonds for $1 billion, boosting the banking system's reserves by the same amount. This suggests that the new reserve level is:

R' = $10 billion + $1 billion = $11 billion

the new level of deposits is:

D'' = (R' + ER) / rr = ($11 billion + $0) / 0.125 = $88 billion

change in the money supply = ΔM = D'' - D = $88 billion - $100 billion

                                                                         = -$12 billion

The correct option is b.

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You can buy life insurance for anyone. True or false

Answers

Answer:

False

Explanation:

Answer: False

Explanation:

After graduating from AUD, Salman plans to start a book publishing company in Media City. He did some research and found that the printer would cost Dh 220,000. He estimated that the variable cost per book is Dh 170 , and the selling price is Dh 390. a. How many books must he sell to break even? Also, calculate the breakeven in dirham. b. In addition to the abovementioned costs, if he wants to pay himself a salary of Dh 15,400 per year, what is her breakeven point in units and dollars? c. In the first three months of his business, he sold 400 books. Suddenly the printer breaks down. He spent Dh 25000 to fix the printer. In addition to 400 books sold, how many more books should she sell to break even? Assume that this part of the question is independent and she does not draw any salary.

Answers

Salman needs to sell 879 books to break even, which is Dh 342,510 in revenue. With the salary, Salman needs to sell 942 books to break even, which is Dh 367,380 in revenue. After fixing the printer, Salman needs to sell an additional 580 books to break even.

a. To break even, the sales revenue must be equal to the total costs. The formula for calculating break-even point (BEP) is:

BEP (in units) = fixed costs / (selling price per unit - variable cost per unit).

Fixed costs = Dh 220,000Variable cost per unit = Dh 170

Selling price per unit = Dh 390

BEP (in units) = 220000 / (390 - 170) = 878.05 or 879 books. To calculate the break-even in Dirham, the formula is:

BEP (in dirham) = BEP (in units) x selling price per unit = 879 x 390 = Dh 342,510.b. The BEP with salary included is calculated as follows:

BEP (in units) = (fixed costs + salary) / (selling price per unit - variable cost per unit)Salary = Dh 15,400Fixed costs + salary = Dh 220,000 + Dh 15,400 = Dh 235,400

BEP (in units) = 235400 / (390 - 170) = 941.6 or 942 books. To calculate the break-even in Dirham, the formula is:

BEP (in dirham) = BEP (in units) x selling price per unit

= 942 x 390 = Dh 367,380.

c. Fixed cost increased by Dh 25,000 because of the printer's repair cost.

The new total fixed costs = Dh 220,000 + Dh 25,000 = Dh 245,000. The sales revenue still needs to be equal to the total costs for break-even. The formula for calculating the break-even point (BEP) is:

BEP (in units) = fixed costs / (selling price per unit - variable cost per unit) = 245000 / (390 - 170) = 980 books.

The number of books Salman needs to sell to break-even after the printer is repaired and an additional 400 books are sold = 980 - 400 = 580 books. Therefore, Salman must sell 580 more books to break even.

a:Salman needs to determine how many books he must sell to break even, and what that break-even point is in dirhams. The formula for calculating break-even point (BEP) is:

BEP (in units) = fixed costs / (selling price per unit - variable cost per unit).

Fixed costs = Dh 220,000

Variable cost per unit = Dh 170

Selling price per unit = Dh 390

BEP (in units) = 220000 / (390 - 170) = 878.05 or 879 books. To calculate the break-even in Dirham, the formula is:

BEP (in dirham) = BEP (in units) x selling price per unit = 879 x 390 = Dh 342,510.

b:

Salman also needs to determine how many books he needs to sell to break even when he wants to pay himself a salary.

BEP (in units) = (fixed costs + salary) / (selling price per unit - variable cost per unit).

Salary = Dh 15,400Fixed costs + salary = Dh 220,000 + Dh 15,400 = Dh 235,400BEP (in units) = 235400 / (390 - 170) = 941.6 or 942 books. To calculate the break-even in Dirham, the formula is:

BEP (in dirham) = BEP (in units) x selling price per unit = 942 x 390 = Dh 367,380.

c:

Fixed cost increased by Dh 25,000 because of the printer's repair cost. The new total fixed costs = Dh 220,000 + Dh 25,000 = Dh 245,000. The sales revenue still needs to be equal to the total costs for break-even. The formula for calculating the break-even point (BEP) is:

BEP (in units) = fixed costs / (selling price per unit - variable cost per unit) = 245000 / (390 - 170) = 980 books. The number of books Salman needs to sell to break-even after the printer is repaired and an additional 400 books are sold = 980 - 400 = 580 books. Therefore, Salman must sell 580 more books to break even.

Salman needs to sell 879 books to break even, which is Dh 342,510 in revenue. With the salary, Salman needs to sell 942 books to break even, which is Dh 367,380 in revenue. After fixing the printer, Salman needs to sell an additional 580 books to break even.

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All of the following are types of involuntary transfers of personal property except for which one?
A) Abandoned property
B) Lost property
C) Mislaid property
D) Stolen property

Answers

All of the following are types of involuntary transfers of personal property except for stolen property. It involves intentional and unlawful actions. Therefore, option D is the correct answer.

All of the options listed (A) abandoned property, (B) lost property, (C) mislaid property, and (D) stolen property, represent different categories of involuntary transfers of personal property.

Abandoned property refers to personal property that the owner intentionally relinquishes with no intention of reclaiming it. Lost property refers to personal property that the owner unknowingly and unintentionally leaves behind or misplaces.

Mislaid property refers to personal property that the owner intentionally places somewhere but then forgets its location. On the other hand, stolen property refers to personal property that is taken unlawfully and without the owner's consent.

Unlike abandoned, lost, or mislaid property, stolen property involves the deliberate act of theft or unauthorized taking by another individual. Therefore, among the options provided, stolen property is not considered an involuntary transfer of personal property. It involves an intentional act by a third party to unlawfully obtain someone else's property.

In conclusion, stolen property stands out as the exception among the listed options as it involves intentional and unlawful actions, while the others (abandoned, lost, and mislaid property) are involuntary transfers resulting from the owner's actions or circumstances. Thus, option D is correct.

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What is one difficulty a salesperson may face when closing a sale?

Answers

the customer changing their mind or the customer not having enough money

Marcos has multiple duties at work. Sometimes, he has so many projects and deadlines that he
gets overwhelmed. Which action is the best first step toward getting organized?
A) Creating an action plan showing how he will complete each task
B) Making a list of all tasks and the date each is due
C) Completing the easiest tasks first and then focusing on the harder tasks
D) Asking his supervisor to help him prioritize the tasks on his to-do list

Answers

The action that is best for first step toward getting organized Making a list of all tasks and the date each is due.

Why should he make a list?

A list contains all the work Marcos is to do in order of date due for submission which will help him to know which work is to be done first.

He can also have a timetable to help him plan each day and the time to allocate for a particular project.

Therefore, Making a list of all tasks and the date each is due.

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The market for hot dogs on the streets of New York City can be considered close to a perfectly competitive market. Because there are so many individuals buying and selling hot dogs: there is a shortage of hot dogs. there is a surplus of hot dogs. market forces set the price in the market. firms are able to make large economic profits. firms cannot make positive accounting profits.

Answers

The market for hot dogs in New York City is a highly competitive market in which market forces set the price. firms in this market cannot make large economic profits

The market for hot dogs on the streets of New York City can be considered as close to a perfectly competitive market. This is due to the many individuals buying and selling hot dogs. In a perfectly competitive market, there is an equilibrium price and quantity at which the quantity of a good supplied equals the quantity of the good demanded. This is called the market-clearing price and quantity. In this market for hot dogs, market forces set the price. When there is a shortage of hot dogs, the quantity demanded exceeds the quantity supplied, which leads to higher prices. Conversely, when there is a surplus of hot dogs, the quantity supplied exceeds the quantity demanded, which leads to lower prices. Since there are no barriers to entry, firms in this market cannot make large economic profits and can only earn zero economic profits. They can only make positive accounting profits in the short run when the price is above their average total cost. In conclusion, the market for hot dogs in New York City is a highly competitive market in which market forces set the price. Firms can only earn normal profits in the long run, which is characteristic of perfectly competitive markets.

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complete question:

The market for hot dogs on the streets of New York City can be considered close to a perfectly competitive market. Because there are so many individuals buying and selling hot dogs:

there is a shortage of hot dogs.

there is a surplus of hot dogs.

market forces set the price in the market.

firms are able to make large economic profits.

firms cannot make positive accounting profits.

loukas is the ceo of a company that makes laundry detergent. even in this very competitive market, loukas acts with ________ to take actions that benefit the interests of society as well as the organization.

Answers

Loukas acts with social responsibility to take actions that benefit both the interests of society as well as his organization.

It is only acting with social responsibility that balances the interests of society with the interests of the laundry detergent organization.

Social responsibility involves checking the resources organizational resources, dealing with social issues, and tackling social problems.

Thus, when Loukas acts with social responsibility, it becomes for him to recruit and retain productive employees and achieve profit motives.

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the division of labor and specialization in foreign trade can be a significant factor for the increase in the welfare of a nation which is also supported in adam smith's absolute advantage theory

Answers

The division of labor and specialization in foreign trade can indeed contribute to the increase in the welfare of a nation, as supported by Adam Smith's theory of absolute advantage.

The division of labor refers to the specialization of tasks and the allocation of different tasks to different individuals or groups. This allows each person to focus on a specific task, becoming more skilled and efficient in performing it. By dividing the work among individuals or groups, the overall productivity and output of the economy can increase.Specialization in foreign trade takes the concept of division of labor a step further by focusing on a country's ability to produce and export goods and services that it can produce more efficiently and at a lower opportunity cost compared to other nations. This means that a country specializes in producing certain goods or services in which it has an absolute advantage.

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Assignment 1: Learners are required to refer at least to THREE articles in journal and answer the following questions: 1. Discuss the definition of companies' capital structure. Discuss the differences between debt capital and equity capital of companies' capital structures.

Answers

Companies' capital structure refers to the mix of debt and equity financing in a firm. Debt capital involves borrowing funds, while equity capital represents ownership stake.

Title: Examining Companies' Capital Structure: Understanding the Differences between Debt Capital and Equity Capital

Introduction:

Companies' capital structure refers to the composition of their long-term financing, which determines how they raise funds to support their operations, growth, and investment activities.

It encompasses the combination of debt capital and equity capital employed by companies to meet their financial requirements.

Definition of Companies' Capital Structure:

Companies' capital structure is the mix of long-term debt and equity financing used to finance a firm's assets and operations. It represents the proportion of debt and equity in the total capital employed by a company.

Debt capital represents borrowed funds that a company must repay, typically with interest, while equity capital represents the ownership stake of shareholders in the company.

Differences between Debt Capital and Equity Capital:

Debt Capital: Debt capital refers to funds raised by a company through borrowing, such as loans, bonds, or other forms of debt instruments. The key characteristics of debt capital are:

It represents a legal obligation to repay the borrowed amount.

Interest payments are made to lenders as compensation for lending the funds.

Debt holders have a priority claim on the company's assets and cash flows in case of default or bankruptcy.

Debt capital introduces fixed financial obligations that must be met regardless of the company's profitability.

Equity Capital: Equity capital represents the ownership interest of shareholders in a company. The key characteristics of equity capital are:

Equity holders have residual claims on the company's assets and earnings after all obligations are met.

Equity capital does not have a fixed maturity or repayment obligation.

Shareholders participate in the company's profits through dividends and capital appreciation.

Equity capital carries a higher level of risk compared to debt capital, as shareholders bear the losses in case of poor financial performance.

Conclusion:

Understanding the differences between debt capital and equity capital is crucial for comprehending a company's capital structure. Debt capital entails borrowing funds that must be repaid with interest, while equity capital represents the ownership stake of shareholders.

Debt capital introduces fixed financial obligations and priority claims on assets, whereas equity capital offers residual claims and participation in profits.

The appropriate mix of debt and equity in a company's capital structure depends on various factors, including risk tolerance, cost of capital, financial flexibility, and growth prospects.

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Bank assets tend to have _____________ maturities and _____________ liquidity than/as bank liabilities.

Answers

Bank assets tend to have longer maturities and lower liquidity than/as bank liabilities. Therefore, the correct answer option is: B. longer; lower.

What is banker's acceptance?

In Economics, banker's acceptance can be defined as a type of financial instrument that is used for representing a promised future payment by a bank, rather than an individual accountholder.

What is liability?

In Financial accounting, liability can be defined as the amount of money that is being owed by an individual or business organization (company or firm) to another.

This ultimately implies that, liability is a debt that an individual or business organization owe and as such, it usually has "payable" in its account title on a financial statement.

In conclusion, a bank asset has longer maturity period and lower (shorter) liquidity in comparison with bank liabilities.

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Complete Question:

Bank assets tend to have _____________ maturities and _____________ liquidity than/as bank liabilities.

shorter; lower

longer; lower

shorter; greater

longer; greater

equal; equal

How to calculate momentum?​

Answers

Answer:

p=mv

Explanation:

the formula for momentum is

p=mv

Answer:

By multiplying mass and velocity

Explanation:

true or false: in a business setting, we might use a 1:1 relationship to describe a situation where each department can have only one manager and each manager can only manage one department.

Answers

The statement is True: When referring to a situation in which each department can only have one manager and each manager can only oversee one department, we can use the term "1:1 relationship" in a business setting.

What is a one-to-one relationship called?

A one-to-one relationship connects the data in two tables so that each record only appears once in each table. In a one-to-one relationship, a record through one table is connected to exactly one item from another table.

Add the key of one entity's table into the table for the second entity if there is a one-to-one relationship between two entities, making it a foreign key. A one-to-one relationship allows for the inclusion of a foreign key in either direction.

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Jeffery purchased a new car by making a down payment of $3,000 and agreeing to make payments of $458 at the end of each month for five years. Interest is 1.2% compounded quarterly. Answer as follows: (Include $ and commas and two decimal places) Answer Box #1 - What is the purchase price of the car? Answer Box #2 - How much will Jefferey pay in total for financing the car? Answer Box #3 - How much interest will Jeffrey pay?

Answers

To calculate the purchase price of the car, we need to determine the present value of the monthly payments.

1. Calculate the number of periods (n) in the loan. Since Jeffery is making monthly payments for 5 years, the total number of periods is 5 years * 12 months/year = 60 months.

2. Convert the annual interest rate to a quarterly interest rate. Since there are 4 quarters in a year, divide the annual interest rate by 4:

  Quarterly Interest Rate = Annual Interest Rate / 4

  Quarterly Interest Rate = 1.2% / 4 = 0.3%

3. Calculate the present value (PV) of the monthly payments using the formula:

  PV = Payment Amount * (1 - (1 + Quarterly Interest Rate)^(-n)) / Quarterly Interest Rate

  In this case:

  PV = $458 * (1 - (1 + 0.003)^(-60)) / 0.003

  Evaluating this equation, we find that PV is approximately $25,606.67.

Answer Box #1: The purchase price of the car is $25,606.67.

To calculate the total amount Jeffery will pay for financing the car, we need to add the down payment to the total of the monthly payments.

Total Amount = Purchase Price + Down Payment

Total Amount = $25,606.67 + $3,000

Answer Box #2: Jeffery will pay a total of $28,606.67 for financing the car.

To calculate the interest Jeffery will pay, we subtract the purchase price from the total amount paid.

Interest = Total Amount - Purchase Price

Interest = $28,606.67 - $25,606.67

Answer Box #3: Jeffery will pay $3,000 in interest.

Please note that these calculations assume that the down payment and monthly payments are made consistently and on time throughout the entire loan period.

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Which of the following projects is most likely be used in STEM education to learn technology concepts?
test different sandbag materials that can help prevent flooding
investigate search engine criteria to improve search results
O analyze cleaning products to determine which ones are eco-friendly
conduct a scavenger hunt to see who can find the most geometric shapes

Answers

Answer:

investigate search engine criteria to improve search results

Explanation:

Remember, the application of STEM implies using the knowledge found in the field of science, technology, engineering, and mathematics to carry out projects.

Since the focus is on learning technology concepts, the most likely, that is, the project that is closest to technology is investigating search engine criteria to improve search results.

The answer is:

A) investigate search engine criteria to improve search results

QUESTION 7 Covid-19 pandemic has resulted in numerous changes in the way business is being done. Write a review of the effect on the demand and supply of the economy due to the covid pandemic which has ravaged the world. 2

Answers


The Covid-19 pandemic has had a significant impact on the demand and supply of the economy worldwide. As countries around the world implemented lockdowns and travel restrictions, the demand for goods and services decreased, resulting in a negative impact on the economy. Furthermore, the supply chain has been disrupted, leading to shortages of essential items such as medical supplies and food.


With the pandemic still ongoing, businesses are facing unprecedented challenges in keeping their operations afloat. The pandemic has led to significant changes in consumer behavior, with people spending less on non-essential items and more on essential goods. The reduction in demand has impacted various industries, including tourism, hospitality, and entertainment. Furthermore, with many businesses forced to shut down temporarily or permanently, the unemployment rate has risen.  On the supply side, businesses have had to navigate disrupted supply chains, leading to a shortage of goods and services. The pandemic has highlighted the importance of global supply chain management, and businesses have had to come up with creative solutions to maintain their operations. The rise of e-commerce and contactless delivery services has become necessary for businesses to stay relevant in the current market. the Covid-19 pandemic has had a significant impact on the economy's demand and supply. The pandemic has led to a decrease in demand for non-essential goods and services, while supply chains have been disrupted, leading to shortages of essential items. With the pandemic still ongoing, it remains unclear how long it will take for the global economy to fully recover. However, businesses must continue to adapt to the current situation by developing new strategies and embracing technology to keep their operations afloat.

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Cost of goods sold is computed from the following equation: a. sales - cost of goods purchased + beginning inventory - ending inventory. b. beginning . beginning inventory + ending inventory - cost of goods purchased. c. beginning inventory + cost of goods purchased - ending inventory. d. beginning inventory - cost of goods purchased + ending inventory. 0 Cleese Company sells merchandise on account for $10,000 to Langston Company with credit terms of 3/10, n/30. Langston Company returns $1,000 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check? a. $8,700 b. $8,800 c. $8,730 d. $9.700

Answers

The correct option are Cost of goods sold is computed from the following equation: c. beginning inventory + cost of goods purchased - ending inventory. b) The amount of the check is: c. $8,730.

Cost of goods sold is computed from the following equation: c. beginning inventory + cost of goods purchased - ending inventory.

The original sale was $10,000, but $1,000 worth of merchandise was returned.

Therefore, the net amount owed by Langston Company is

$10,000 - $1,000 = $9,000.

Since the payment is made within the discount period, the discount of 3% can be applied.

The discount is calculated as 3% of $9,000, which is $270. Thus, the amount of the check is $9,000 - $270 = $8,730.

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significant economic growth did not begin in the world until group of answer choices 1000 a.d. 1750 a.d. 1820 a.d. the 20th century a.d.

Answers

Significant economic growth did not begin in the world until around 1820 A.D. Prior to this, the world economy was largely stagnant, with most people living in subsistence-level conditions. However, with the Industrial Revolution in Britain, economic growth began to accelerate, and eventually spread to other parts of Europe and North America.

The 20th century saw even greater levels of economic growth, particularly in Asia and other parts of the developing world.

While there have been ups and downs along the way, overall, the past two centuries have seen unprecedented levels of economic growth and prosperity, thanks in large part to advances in technology, transportation, and communication.

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given that starbucks sells 1.33 percent of its total u.s. coffee bean sales in denver and the population there is 1.57 percent of the total u.s. population, calculate the bdi for starbucks coffee beans sales in denver.

Answers

The brand development Index (BDI) of Starbucks coffee beans sales in Denver, will be 84.71% given that sales and market population.

Given,

Market brand sale = 1.33%

Market population = 1.57%

BDI = Market brand sales/ market population *100

      = 1.33 /1.57*100

      = 84.71%

A brand development index (BDI) is a ratio that measures a brand's performance in a particular consumer group. It signifies the connection between a firm's total sales and the demography of a specific market, aiding brands in enhancing their marketing and promotional methodologies.

The index assists marketers in recognizing positive and negative sections for particular brand (usually segment of the population or demographical).

The BDI is especially beneficial when used with the categorization development indicators (CDI). It has the potential to ascertain the media allocations to which a specific brand is publicized. It can also be employed to ascertain how much advertising or publicity must be put into a given market.

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bob lives in denver and runs a business that sells guitars. in an average year, he receives $851,000 from selling guitars. of this sales revenue, he must pay the manufacturer a wholesale cost of $476,000; he also pays wages and utility bills totaling $281,000. he owns his showroom; if he chooses to rent it out, he will receive $71,000 in rent per year. assume that the value of this showroom does not depreciate over the year. also, if bob does not operate this guitar business, he can work as an accountant, receive an annual salary of $34,000 with no additional monetary costs, and rent out his showroom at the $71,000 per year rate. no other costs are incurred in running this guitar business.

Answers

Using cost-benefit analysis we know that Bob will earn more by working as an accountant while collecting rent from his showroom rather than to keep running his business.

We can calculate using cost-benefit analysis that if Bob were to keep running his business he receives $851,000 from selling guitars minus the wholesale guitar cost of $476,000 minus wages and utilities of $281,000. By then end of the year he would have a net profit of $94,000.

$851,000-$476,000-$281,000=$94,000

Again by using cost-benefit analysis, if Bob were to work as an accountant and receive an annual salary of $34,000 while collecting a rent of $71,000 from his showroom, he would have collected $105,000 by the end of the year.

$34,000+$71,000=$105,000

By calculating the cost-benefit, we can conclude that it will be more profitable Bob to work as an accountant and collecting rent from his showroom rather than to keep his business running, because he will earn an extra $11,000 by doing so.

$105,000-$94,000=$11,000

You didn't ask the question yet, but I assume you are going to ask whether it'll be more profitable for Bob to run a business selling guitar or to work as an accountant while collecting rent from his showroom.

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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.

Answers

25 tickets

($14)(25)=$350
($25)(11)=$275
$350+$275= $625

The predetermined overhead rate for manufacturing overhead for 2020 is $5.00 per direct labor hour. Employees are expected to earn $8.00 per hour and the company is planning on paying its employees $220,000 during the year. However, over 80% of the employees are classified as "direct labor". What was the estimated manufacturing overhead for 2020?

a. $211,200

b. $176,000

c. $137,500

d. 110,000

Answers

The estimated manufacturing overhead for 2020 can be calculated by multiplying the total estimated direct labor hours by the predetermined overhead rate.

Since over 80% of the employees are classified as "direct labor," we can assume that the majority of the labor hours are considered direct labor hours. Therefore, we can use the total estimated labor cost to estimate the manufacturing overhead.

The estimated direct labor cost for 2020 is $220,000, and the predetermined overhead rate is $5.00 per direct labor hour. To find the estimated manufacturing overhead, we divide the estimated labor cost by the direct labor rate: $220,000 / $8.00 = 27,500 direct labor hours. Then, we multiply the direct labor hours by the predetermined overhead rate: 27,500 hours * $5.00 = $137,500.

Therefore, the estimated manufacturing overhead for 2020 is $137,500. The correct answer is option c.

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Most employers will pay their employees by directly depositing their paycheck into their checking account. According to his checking account statement, John was paid ________________ every __________

Answers

Answer:

Explanation:

According to the bank statement for John Jones that can be found online. John was paid by direct deposit every 14 days (two weeks). Every two weeks John receives a total of $694.81 directly to his bank account and described as "Payroll Deposit - Hotel" which is most likely his job. Direct deposit is a feature that almost every employer has to automatically send an employee's earned income directly to their bank account at the same time every couple of weeks, sometimes twice a month and other times once a month.

the larger the coefficient of price elasticity of demand for a product, the

Answers

The larger the coefficient of price elasticity of demand for a product, the more responsive the demand is to changes in price.

Price elasticity of demand measures the sensitivity of quantity demanded to changes in price. If the coefficient of price elasticity of demand is larger (greater than 1), it indicates that the demand for the product is elastic. This means that a change in price will result in a relatively larger change in quantity demanded. In other words, consumers are highly responsive to price changes, and a small change in price can lead to a significant change in demand.

On the other hand, if the coefficient is smaller (less than 1), the demand is inelastic, and quantity demanded is less sensitive to price changes. Therefore, the larger the coefficient of price elasticity of demand, the more responsive the demand is to changes in price.

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The process of allocating the cost of an asset to expense over the useful life of the asset is called.

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Answer:

Depreciation

Explanation:

Depreciation is the process of allocating the cost of an asset over the course of its useful life in order to align its expenses with revenue generation.

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Monte Ray leases office space for $7,000 per month. On January 3, Monte Ray incurs $75,000 to improve his leased office space. These improvements are expected to yield benefits for 8 years. Ray has 6 years remaining on his lease. What jour

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The expense in the first year relating to the improvements is $12,500

What is leasehold improvement?

Leasehold improvement is a capital expenditure incurred to improve the condition of an asset that has been leased from a third party.

In this case, a  leasehold improvement costing $75,000 was incurred and lease period is only 6 years remaining whereas the improvement would provide benefits for 8 years, in essence, the improvement cost should be depreciated using the lower of remaining lease period and  years of benefits.

As a result, annual depreciation would be computed using the straight line depreciation method where useful life is 6 years

first year depreciation=improvement cost/useful life

first  year depreciation=$75,000/6

first  year depreciation=$12,500

Note that the requirement is to determine the first year expense that only relates to improvements , in other words, the lease expense should be ignored

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Complete question with options:

Monte Ray leases office space for $7,000 per month. On January 3, Monte Ray incurs $75,000 to improve his leased office space. These improvements are expected to yield benefits for 8 years. Ray has 6 years remaining on his lease. Compute the amount of expense that should be recorded the first year related to the improvements.

A. $19,500.

B. $7,000.

C. $12,500.

D. $9,375.

E. $16,375.

SOLVE THE GRAPH AND THE SUPPLY OR SHORTAGE AND THE PRESSURE OF PRICE ​

SOLVE THE GRAPH AND THE SUPPLY OR SHORTAGE AND THE PRESSURE OF PRICE

Answers

Answer:

probably cant figure it out

Explanation:

Topic: Choose a country with a fixed exchange rate, visit its central bank website, and download the latest balance sheet information. Given the balance sheet positions and backing ratios, discuss the country's ability to defend its peg.

Answers

The country's ability to defend its peg is dependent on its balance sheet positions and backing ratios.

In order to assess a country's ability to defend its peg, it is important to analyze its balance sheet positions and backing ratios. The balance sheet provides a snapshot of a country's financial position, including its assets and liabilities. By examining these figures, we can gain insights into the country's ability to maintain the fixed exchange rate.

One key aspect to consider is the central bank's foreign reserves. These reserves serve as a buffer to defend the peg by allowing the central bank to intervene in the foreign exchange market. Sufficient foreign reserves indicate that the central bank has the means to buy or sell its own currency to maintain the peg. A higher level of reserves provides greater confidence in the central bank's ability to defend the peg.

Another crucial factor is the backing ratio, which measures the level of reserves relative to the country's monetary base. A higher backing ratio signifies a stronger level of support for the fixed exchange rate. It suggests that the central bank has sufficient reserves to back the amount of currency in circulation. A lower backing ratio may indicate a vulnerability in defending the peg if there is a sudden surge in demand for the domestic currency.

Additionally, analyzing the composition of the central bank's assets and liabilities can provide further insights. If the majority of assets are in foreign currencies and high-quality securities, it enhances the central bank's ability to defend the peg. Conversely, if the central bank's balance sheet is heavily reliant on short-term borrowing or volatile assets, it may face challenges in maintaining the peg during times of economic stress.

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kathy has a broken dishwasher. she searches online for many hours comparing several brands and features. then she goes to three appliance dealers to review those models and consults with the sales staff about delivery, installation, and price. in the store from which she finally makes her purchase, they give her a demonstration of the machine. kathy's purchase is an example of a

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In a case whereby kathy has a broken dishwasher. she searches online for many hours comparing several brands and features in the store from which she finally makes her purchase, they give her a demonstration of the machine. kathy's purchase is an example of a extended problem solving variation.

What is Problem solving?

Problem solving involves defining a problem, figuring out its root cause, locating, ranking, and choosing potential solutions, as well as putting those solutions into action.

Problem solving, which is a common component of most activities, is the process of reaching a goal through overcoming barriers. Solutions to problems are needed in a variety of fields.

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