The Z Best makes a partial error while making this entry in the company book. They increase or debit the right cash, but they decrease or debit the proportion of share equity, which is wrong. They have to credit the equity shareholders.
What is Shareholder Equity?
Shareholders' equity represents how much the owners of a company have invested in the business—either by investing money in it or by retaining earnings over time.
The Journal Entries For Wrong And Correct treatment is shown in the File below:
Thus, as a result of the entry being wrongly passed through, they debited both accounts. Since they did not follow the concept of double-entry, they should have to make a correct entry.
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using ________, consumers choose messages to which they pay attention.
discriminating perception Jane, who considers herself to be a health nut, enjoys running a lot. She attends the gym for two hours every day, consumes only wholesome, low-fat meals, and participates in a number of online fitness communities.
Also, Jane smokes cigarettes. Jane believes that, as long as she stays active, eats properly, and smokes fewer than one pack per day, she will not experience any negative health effects from smoking. The selective perception theory proposes that while we perceive stimuli, we filter them both consciously and unconsciously. We can consciously shut out some inputs, including colours, noises, and images. By choosing to ignore distracting, irrelevant, or contradictory information, we can actively direct our attention to certain stimulition.
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Using selective attention the customers choose messages to which they pay attention.
What is selective attention?Selective attention is a normal and automatic process that takes place when clients are exposed to a large number of data and stimuli; however, it is better to concentrate on a select subset of them.
So many elements, such as personal interests, motivation, relevance, novelty, and the situation in which the information is provided, imitate this selection process.
Why is selective attention important?With selective attention, one may pay attention to information that is important to their current work while disregarding irrelevant data. This, therefore, results in better processing of information important to the job. It is also known as controlled attention.
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Suppose a retailer turns its inventory of soda 75 times per year. on average it has 400 bottles of soda on its shelves. what is its average weekly sales rate? (assume 52 weeks per year.)
The average weekly sales rate of a retailer that turns its inventory of soda 75 times per year, with an average of 400 bottles of soda on its shelves.
The average weekly sales rate, we need to divide the total number of bottles sold in a year by the number of weeks in a year. Since the retailer turns its inventory 75 times per year and has an average of 400 bottles on its shelves, we can calculate the total number of bottles sold in a year by multiplying the turnover rate by the number of bottles on the shelves:
Total Bottles Sold = Turnover Rate * Number of Bottles on Shelves
Total Bottles Sold = 75 * 400 = 30,000 bottles
Next, we divide the total number of bottles sold by the number of weeks in a year (52 weeks) to find the average weekly sales rate:
Average Weekly Sales Rate = Total Bottles Sold / Number of Weeks
Average Weekly Sales Rate = 30,000 / 52 ≈ 576 bottles
Therefore, the retailer's average weekly sales rate is approximately 576 bottles.
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The retailer's average weekly sales rate is approximately 576 bottles of soda. The average weekly sales rate of the retailer's soda can be calculated by dividing the annual number of inventory turnovers by the number of weeks in a year.
Given that the retailer turns its inventory 75 times per year, and there are 52 weeks in a year, the average weekly sales rate can be calculated as follows:
Average weekly sales rate = Inventory turnovers per year / Number of weeks in a year
= 75 / 52
= 1.44
Therefore, the retailer's average weekly sales rate is approximately 1.44 times per week. This means that, on average, the retailer sells 1.44 times the number of bottles of soda it has on its shelves in a week.
In this case, the retailer has an average of 400 bottles of soda on its shelves. So, the average weekly sales rate would be:
Average weekly sales rate = Number of bottles on shelves * Average weekly sales rate
= 400 * 1.44
= 576
Therefore, the retailer's average weekly sales rate is approximately 576 bottles of soda. This means that, on average, the retailer sells 576 bottles of soda per week.
In summary, the retailer's average weekly sales rate is approximately 576 bottles of soda.
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Wildhorse Co. shows the following balances in selected accounts of its adjusted trial balance. Supplies $25,600 Supplies Expense 4,800 Accounts Receivable 9,600 Dividends 17,600 Retained Earnings 56,000 Service Revenue 86,400 Salaries and Wages Expense 32,000 Utilities Expense 6,400 Rent Expense 14,400
Wildhorse Co. had a net income of $27,200 ($86,400 - $32,000 - $6,400 - $14,400) and paid $17,600 in dividends, resulting in an increase of $9,600 in retained earnings.
Based on the given information, Wildhorse Co. reported service revenue of $86,400. Deducting the expenses, such as salaries and wages ($32,000), utilities ($6,400), and rent ($14,400), their net income is calculated as $27,200 ($86,400 - $32,000 - $6,400 - $14,400). The company also paid dividends amounting to $17,600. To determine the change in retained earnings, we subtract the dividends from the net income. Therefore, Wildhorse Co. experienced an increase of $9,600 in retained earnings ($27,200 - $17,600). Retained earnings represent the portion of net income that is retained by the company instead of being distributed to shareholders as dividends.
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Your mutual fund was valued at $237,500. It has lost 6% per year for the last 3 years. What is its value today?
Answer:
$197,263.7
Explanation:
The current value can be found by use of the compound interest formula. Since the asset has been losing value at 6 % per year,
the interest rate will be -6%
The formula for compound interest is FV = PV × (1+r)^n
in this case
FV= current value
PV= $237,500
r= -6% or -0.06%
n= 3 years
Fv= $237, 500 x ( 1 + (-0.06)^3
Fv=$237,500 x (0.94)^3
Fv= $237,500 x 0.830584
Fv= $197,263.7
The current value =$197,263.7
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It allows you to rent a car while yours is being repaired. a. auto replacement c. personal damage liability b. comprehensive physical damage d. rental reimbursement
Answer:
I'm pretty sure the answer is d
Explanation:
Alternatively, you may pay out-of-pocket for your rental then seek reimbursement from the other insurance company once it completes its investigation.
Answer:
D
Explanation:
What type of trading earns you money when you accurately predict that a stock will lose value? Ticker parade Yielding Charting Trading bonds Going long Holding Selling short
Answer:
Selling short
Explanation:
Selling short is the answer,it simply means that an investor or a trader will make profit when prices of commodities goes down. In other words it the opposite of going long where investors make money when prices rise up
Julia just graduated college and is beginning her new career. Being concerned about her financial future, she wants to
begin investing now. At her young age, which would be the BEST option for her to start investing in?
She could start investing early by using mutual funds, which are the greatest alternative.
The right response is B.
Which investment strategy is ideal for a young person?Your idle funds may find safety and liquidity in money market funds, savings accounts, and short-term CDs. Depending on your individual financial circumstances, you should retain a certain amount in these investments, although most financial experts advise keeping at least three to six months' worth of living expenses in these investments.
What are millennials currently investing in?After thoroughly researching the costs and the fund's portfolio, passive young investors should consider investing in ETFs. ETFs that invest in equities and are actively managed expose you to the risk of various business stocks.
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ABC Corp purchased a conference room table on July 1, 2014 for $2,800. The estimated salvage (disposal) value is $400.00 and the estimated useful life is 5 years. What is the accumulated depreciation at the end of 2017?
Answer:the guuy up top is right
Explanation:
what is marketing
please answer if u know,i will mark brainiest
Answer:
Marketing refers to activities a company undertakes to promote the buying or selling of a product or service. Marketing includes advertising, selling, and delivering products to consumers or other businesses. Some marketing is done by affiliates on behalf of a company.
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shows the amount of savings and borrowing in a market for loans to purchase homes, measured in millions of dollars, at various interest rates. What is the equilibrium interest rate and quantity in the capital financial market
Answer:
7% and 135
Explanation:
The computation of the equilibrium interest rate and the quantity is shown below:
As we can see in the attached figure that at the interest rate of 7% the Qd is equivalent to Qs i.e 140
And when it the interest rate is 8% the quantity of lending is 145 and the quantity of borrowing is 135 that decreased the quantity of lending by 140 to 135 so we considered the 135
what were the costs and benefits to the united states of globalization in the 1990s and early 2000s?
The costs and benefits of globalization to the United States in the 1990s and early 2000s were complex and varied. Here are some of the key costs and benefits:
Costs:
Job losses: One of the most significant costs of globalization was the loss of jobs in certain industries, particularly manufacturing. As companies moved production to countries with lower labor costs, many U.S. workers lost their jobs or saw their wages and benefits decrease.
Income inequality: The increasing concentration of wealth and power among a small group of individuals and corporations has contributed to growing income inequality in the United States. Many workers have seen their wages stagnate or decline, while the wealthy have become even wealthier.
Environmental degradation: The increased demand for products resulting from globalization has led to increased environmental degradation, including deforestation, pollution, and the depletion of natural resources.
Benefits:
Increased economic growth: Globalization has contributed to increased economic growth in the United States, as companies have been able to tap into new markets and sources of supply. This has led to job creation, higher wages, and increased investment in the U.S. economy.
Improved standards of living: Globalization has enabled many people in the United States to access a wider range of products and services at lower prices. This has contributed to improved standards of living, including access to better healthcare, education, and technology.
Increased competitiveness: Globalization has forced U.S. companies to become more competitive, innovative, and efficient in order to compete with foreign companies. This has led to improved productivity and higher-quality goods and services.
Overall, the costs and benefits of globalization to the United States in the 1990s and early 2000s were complex and varied. While there were certainly negative impacts, such as job losses and income inequality, there were also significant benefits, such as increased economic growth and improved standards of living.
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moving downward and to the right along a linear demand curve, we know that total revenue
Moving downward and to the right along a linear demand curve, total revenue (TR) initially increases, reaches a maximum point, and then decreases.
Moving downward and to the right along a linear demand curve, total revenue (TR) initially increases, reaches a maximum point, and then decreases.
This is because the price and quantity demanded have an inverse relationship in the law of demand. As the price decreases, the quantity demanded increases, leading to an increase in total revenue. However, as the price continues to decrease, the increase in quantity demanded is not enough to compensate for the decrease in price, resulting in a decrease in total revenue.
The maximum total revenue occurs at the point where the price elasticity of demand is unitary, i.e., where the percentage increase in quantity demanded is equal to the percentage decrease in price. Beyond this point, the price elasticity of demand becomes greater than one, meaning that the percentage increase in quantity demanded is greater than the percentage decrease in price, resulting in a decrease in total revenue.
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Investor presentations of ________ provide an opportunity for discussions to take place regarding the continuing corporate performance on ________ value creation story and a ________ value creation plan.
a) short-term plans; short term; short term
b) short-term plans; long term; long term
c) long-term plans; short term; long term
d) long-term plans; long term; long term
Discussions on the ongoing corporate performance on a long-term value creation story and a long-term value creation strategy can be had during investor presentations of long-term plans.
We urge leaders to prioritize long-term value creation as a starting point when trade-offs need to be made because of the advantages it brings for resource allocation and economic health. Consider your staff members to be stakeholders.
Due to their managerial expertise in fields like planning, budgeting, purchasing, and human resource management, these companies bring value. enabling the business to concentrate its efforts on more desirable possibilities.
The main objective of a corporation is to maximize short-term gains for all of its stakeholders. When a business examines its stakeholders and its mission statement as well as competitors,
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the total tea is an american restaurant chain that specializes in herbal and bubble teas with locations in 20 countries. when the company enters a new foreign market, it usually selects a combination of franchising and master subsidiaries. these master subsidiaries are joint ventures with local partners. specifically, these joint ventures are politically more acceptable and they multiple choice ensure a steady stream of royalty payments. tend to provide a higher control over technology. avoid high transport costs. help realize location and experience curve economies. bring a degree of local knowledge to the subsidiary.
When the company enters a new foreign market, it usually selects a combination of franchising are politically more acceptable and they help realize location and experience curve economies.
What is foreign market?A foreign market is a market outside of a company's domestic market, where the company can sell its products, services, and invest in assets. Companies that enter foreign markets have to consider the cultural, economic, and legal differences between their domestic market and the foreign market. Foreign markets can be attractive to businesses as they open up the potential for new markets, larger audiences, and increased profits. Companies must take the time to research the foreign market and its potential customers to ensure an appropriate marketing strategy and product offerings. Companies can use a variety of methods to enter foreign markets, including franchising, licensing, exporting, joint ventures, and direct investments.
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Rent is an example of a(n) _____.
a. fixed cost
b. opportunity cost
c. variable cost
d. none of the above
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Answer:
a. fixed cost
Explanation:
Rent is always negotiated and stated in the tenancy or lease agreement. The lease or tenancy agreement is reviewed either annually or after every two years. The rent amounts remain the same until the time a tenancy agreement is reviewed.
Fixed costs are the business expenses that remain the same throughout the financial period. A business has to incur fixed costs as long as the business is operational. The level of business activity or output does not affect fixed costs. Rent is a good example of fixed costs. A business has the pay the same amount of rent regardless of its production level.
Answer:
A
Explanation:
I just finished the test
The latent consequences of employment according to your text include:___________
The latent consequences of employment, as mentioned in the text, can vary depending on the specific context and perspective. However, some common examples of latent consequences of employment may include:
1. Social status: Employment can provide individuals with a sense of social status and identity within society, as their occupation and position may influence how they are perceived by others.
2. Economic stability: Employment often brings financial stability and security, allowing individuals to meet their basic needs and support themselves and their families.
3. Skill development: Through employment, individuals have the opportunity to acquire new skills, knowledge, and experience, which can contribute to their personal and professional growth.
4. Social connections: Workplaces can serve as a platform for building social connections and networks, allowing individuals to interact with colleagues, clients, and other professionals.
5. Career advancement: Employment can offer opportunities for career progression, promotions, and increased responsibilities, leading to personal and professional growth over time.
6. Sense of purpose and fulfillment: Having meaningful employment can provide individuals with a sense of purpose, fulfillment, and a sense of contributing to something greater than themselves.
7. Health and well-being: Employment can have positive effects on mental and physical health, as it provides structure, routine, social interaction, and a sense of accomplishment.
It's important to note that the specific latent consequences of employment may vary depending on factors such as cultural norms, industry, job type, and individual circumstances.
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concerned by resend negative trends in economic indicators such as the consumer price index , gross domestic product, and inflation, the marketimg manager of.kevin,s kayaks recommends that the company reduce its advertising spending. His recomendation is.based on ------ data.
- mucroeconomic, -macroeconomic, -qualitative,-observational, or subjetive.
Answer:
Explanation:
Based on the information provided, the marketing manager of Kevin's Kayaks is concerned about negative trends in economic indicators such as the consumer price index, gross domestic product, and inflation. The marketing manager's recommendation to reduce advertising spending is likely based on macroeconomic data.
Macroeconomic data refers to information and trends that pertain to the overall economy of a country or region. It includes factors such as GDP, inflation, and consumer price index, which are widely used to assess the state of the economy. These indicators provide insights into the overall health and performance of the economy, and businesses often consider them when making strategic decisions.
Therefore, since the marketing manager is basing their recommendation on economic indicators, which are macroeconomic in nature, it can be inferred that the recommendation is based on macroeconomic data.
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Explain how the concept of opportunity cost arises from the central economic problem of scarce resources and unlimited wants.
Limitless demands and few resources, decisions must be made between possible application. Any activity's opportunity cost is the most valuable alternative that must be forgone in order to engage in that activity.
What is opportunity cost?The next best option is frequently referred to as opportunity cost. This loss of gain is also referred to as the alternative cost and would have occurred if a different option had been chosen. Another way to put it is that the loss of advantage results from a change in preference. Economic theory called opportunity cost is based on the reasonable presumption that resources are scarce. Additionally, there will be fewer production options due to the limited supply of minerals. Because there are only so many ways to make a specific combination of products, it would be necessary to overlook producing a different combination of things. Opportunity cost may be used to describe this.
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why is comparative value lead and value based organization?
Answer:
The organizations with a common set of values that are practiced, in our experience, corporately develop a culture of accountability. The commitment to a value system serves to strengthen the firm’s culture, increases role clarity, retention, and productivity, and serves as a long-term benefit.
While it is important for a leader to understand the values expressed by all members of the team, there are times when an employee’s values are not in alignment with the organization’s. When an individual is new to the practice, it sometimes becomes clear when they aren’t in alignment with the firm’s values. In these cases, the individual has the choice to adapt or transition to another organization to which they more closely align. Neither the individual or the organization is served when values are not in alignment.
Explanation:
Another values-based leader I worked for inspired trust at all levels in the organization and he always did the right thing. He kept us aligned to our vision with the foundation being the firm’s core values. As a result, the work environment was filled with trust, clear communication and the drive to a common purpose. He motivated us to think beyond ourselves which fostered an environment of individual and corporate success.
Today’s successful organizations have a strong and well-defined culture.
bob bought some land costing $16,140. today, that same land is valued at $46,317. how long has bob owned this land if the price of land has been increasing at 5 percent per year?
21.61 years.
Present Value (Initial Cost) = $16,140
Future Value (Current Cost) = $46,317
Rate = 5% = 0.05
The future value ( FV is the value of an asset now at a future time founded on an estimated rate of expansion. Investors and planners in finance use future value to project how much an investment will be valued in the future.
Future value (FV) is the value of a current asset at a future date based on an estimated growth rate.
Using the FV the computation, investors may predict a portfolio's profit with reasonable accuracy.
Due to market volatility and a lack of confidence regarding future investing conditions, figuring out the FV of a market investment can be difficult.
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article 9 of the code of ethics about written agreements requires realtors® to
Article 9 of the Code of Ethics about written agreements requires Realtors to make reasonable efforts to reduce their verbal agreements to written agreements.
The National Association of Realtors has a code of ethics that each member must follow. The code of ethics serves as a guideline to ensure that members act professionally and ethically in their dealings with clients. One of the most important provisions in the Code of Ethics is Article 9, which relates to written agreements. Article 9 requires Realtors to make a reasonable effort to reduce their verbal agreements to writing.
This requirement is essential because it helps prevent misunderstandings between Realtors and their clients. By putting their agreements in writing, the parties can avoid confusion over what was agreed upon and have a clear record of their understanding if any disputes arise in the future. Realtors can create written agreements using standard forms approved by their local or state Realtor association or legal counsel. Therefore, Article 9 of the Code of Ethics requires Realtors to make reasonable efforts to reduce their verbal agreements to written agreements.
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taxes and government spending that affect fiscal policy independent of policy-makers' actions are called
Taxes and government spending that affect fiscal policy independent of policy-makers' actions are called automatic stabilizers.
Automatic stabilizers are economic policies and programs designed to offset fluctuations in a nation's economic activity without intervention by policymakers.
Examples of automatic stabilizers include unemployment benefits and progressive tax systems. These policies help moderate economic cycles by increasing government spending during economic downturns and decreasing it during economic upswings, thereby stabilizing the economy.
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a group of 10 golfing buddies have the following annual incomes: income $32,000 $12,000 $56,000 $120,000 $10,000 $38,000 $70,000 $16,000 $20,000 $24,000 what is the total amount of income comprising the lowest quintile of this income distribution?
The total amount of income comprising the lowest quintile of this income distribution is $10,000 + $12,000 = $22,000.
To find the total amount of income comprising the lowest quintile of this income distribution, we need to first calculate the cutoff for the lowest quintile. Since there are 10 golfing buddies, we can divide them into five equal groups, or quintiles, each containing two golfing buddies.
To do this, we first need to order the annual incomes from lowest to highest:
$10,000, $12,000, $16,000, $20,000, $24,000, $32,000, $38,000, $56,000, $70,000, $120,000.
Next, we need to calculate the cutoff for the lowest quintile. Since a quintile represents 20% of the data, we can find the cutoff by multiplying 0.2 by 10, which equals 2. This means that the lowest quintile will contain the two lowest annual incomes.
Therefore, the total amount of income comprising the lowest quintile of this income distribution is $10,000 + $12,000 = $22,000.
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Explain the importance of office for an organization long answer
Answer:
The answer to this question is given below in this explanation section.
Explanation:
" importance of office for an organization"
An office is the center point of organization.It is a place to perform different activities of a business organization.The office is the brain of the whole organization.The office performs a critical function such as information collection,collection,recording analyzing distribution of information and executive function such as planning,organization,policies formulation,decision making etc.
It is used by management for the purpose of planning,organizing,staffing,directing,and controlling.Office not only keep record of information but also pay the role of reliable channel of communication the information.It is required for smooth functioning of the organization.
Proper organisation facilities the intensive use of human capital.Organization stimulates creativity.By providing well defined areas of work and ensuring delegation of authority,Organization provides sufficient freedom to the managers and encourages their initiative,independent thinking and creativity.
many companies view the marketing environment as a(n) __________ element to which they must react and adapt.
Many companies view the marketing environment as an Uncontrollable element to which they must react and adapt.
Market is a place where the consumers and sellers meet in order to purchase and sell goods respectively. Market runs on many factors which include the availability of the goods, the demand for the goods and easy flow of cash. According to some companies and experts marketing environment is uncontrollable as it comes with risks too. Also, the demand for a particular good cannot be controlled by the market as it solely depends on the consumers. For example, if there is a demand of milk chocolate in the market but market has surplus of dark chocolate then the demand for milk chocolate is uncontrollable. The risk factors include economic factors as well as the political factors.
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A small amount of breast milk is obtained for culture and sensitivity testing from a client with mastitis. the nurse would expect the results to identify which organism as the most likely cause?
The nurse would expect the culture and sensitivity testing of the breast milk from a client with mastitis to identify Staphylococcus aureus as the most likely cause.
Mastitis is commonly caused by bacterial infection, and Staphylococcus aureus is the most common organism associated with mastitis. It is a type of bacteria that commonly resides on the skin and can enter the breast tissue through cracks or damaged nipples during breastfeeding.
Staphylococcus aureus is known for its ability to cause infection and inflammation in the breast tissue, leading to symptoms of mastitis such as breast pain, swelling, warmth, and redness.
Culture and sensitivity testing of the breast milk can help identify the specific organism causing the infection and guide appropriate antibiotic treatment.
Therefore, Staphylococcus aureus is the most likely organism that would be identified as the cause of mastitis in this scenario.
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Beachfront resorts have an inelastic supply, and automobiles have an elastic supply. Suppose that a rise in population doubles the demand for both products (that is, the quantity demanded, at each price, is twice what it was)a. What happens to the equilibrium price and quantity, in each market?b. Which product experiences a larger change in price?c. Which product experiences a larger change in quantity?d. What happens to total consumer spending, on each product?
Answer:
What happens to the equilibrium price and quantity, in each market?
Beachfronts have inelastic supply, which means that their supply is fixed no matter how large the demand. The population increase would simply increase the price of renting a beachfront.
Automobiles have elastic supply, their supply responds to demand. At fist, the population increase would cause a price hike, but in the long-run, supply would meet demand and reach a new equilibrium.
b. Which product experiences a larger change in price?
Beachfronts experience a larger change because their price goes up, and stays above the previous equilibrium price.
c. Which product experiences a larger change in quantity?
Automobiles, simply because they do have a elastic supply that can increase to meet the new larger demand. Beachfront supply is inelastic and will stay the same no matter how much the population and demand grows.
d. What happens to total consumer spending, on each product?
Total consumer spending on beachfronts will be very high because of the very high prices.
Consumer spending in automobiles will be higher than before because of the higher demand, but not as high as consumer spending on beachfront, because automobile supply will also grow, bringing down prices to a similar point to the previous equilibrium price.
Niki makes the same payment every two months to pay off his $61,600 loan. The loan has an interest rate of 9. 84%, compounded every two months. If Niki pays off his loan after exactly eleven years, how much interest will he have paid in total? Round all dollar values to the nearest cent. A. $39,695. 48 b. $10,294. 26 c. $3,126. 29 d. $39,467. 12.
The total amount of interest paid by Niki is $39,695.48.
The loan is termed as the amount that is borrowed by the lender and is paid off back at some defined amount of interest.
Computation of amount of interest to be paid by Niki:
The given information is:
P is the periodic payment.
PV = $61,600
r = 0.0984
t = 6
n = 11 years
\(\begin{aligned}PV = \frac{P(1 - (1 +\frac{r}{t}^{nt}))}{\frac{r}{t}}\end{aligned}\)
\(\begin{aligned}61600 =\frac{P(1 - (1 +\frac{0.0984}{6}^{11\times6})}{\frac{0.0984}{6}}\end{aligned}\)
\(\begin{aligned}61600 =\frac{P(1 - (1 + 0.0164)^{66} )}{ 0.0164}\end{aligned}\)
\(61600\times0.0164 = P(1 - (1.0164)^{66} )\)
\(\begin{aligned}1010.24&=p\times(1-0.341769)\\1010.24&=0.658321\times p\\p&=\frac{1010.24}{0.658321}\\p&=1534.78\end{aligned}\)
Niki pays $1534.78 every two months continuously for eleven years.
\(\begin{aligned}\text{The total payment made by Niki} &= \text{Tenure Period} \times 6 \times \text{Amount of interest}\\\text{The total payment made by Niki}&=11\times6\times\$1534.78\\\text{The total payment made by Niki}&= \$101295.48\end{aligned}\)
\(\text{Interest paid} = \text{Total Payment} - PV\\\text{Interest paid} = 101295.48-61600\\\text{Interest paid} =\$39,695.48\)
Therefore, the correct option is A.
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why is maximum number of person in partnership business mentioned in companies act and not in partnership act
The Companies Act and the Partnership Act are two different laws that govern different types of businesses.
The companies act and partnership act-The Companies Act governs companies, which are separate legal entities from their owners, while the Partnership Act governs partnerships, which are not separate legal entities from their owners.
The maximum number of persons in a partnership business is not mentioned in the Partnership Act because there is no limit to the number of partners a partnership can have. However, the Companies Act limits the number of members in certain types of companies, such as private companies, to a maximum of 200 members. This is because companies are separate legal entities and the law seeks to regulate their operations to ensure that they operate in a manner that is fair and transparent to all members.
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The difference between the cost to make a good and the price is the: A. Elasticity Curve B. Profit C. Supply Curve D. Demand Margin
Answer:
B. Profit
Explanation:
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