Nexis Corp. issues 1,000 shares of $15 par value common stock at $22 per share. When the transaction is recorded, credits are made to common stock, $15,000, and paid-In capital in excess of par, $7,000.
All shares used to divide ownership of a company or business constitute shares in the financial world. A share represents a share of shares in the company based on the total number of shares.
This typically entitles the shareholder to a percentage of the company's revenue, cash from the sale of the company's assets, or voting rights, regularly distributing these items in proportion to the amount each shareholder pays. Not all shared classes are created equal; some may have advanced, unrestricted voting rights or specific preferences for profit or liquidation before or after other groups of shareholders.
Hence the correct option is B
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About 80% of top executives say that learning to ____ is the most important skill in getting things done in the workplace
o speak dearly. o listen o filter out distractions o answer e-mails prompty
About 80% of top executives say that learning to speak dearly is the most important skill in getting things done in the work place speak dearly.
What is importance of learning management skill?The business and management abilities you have acquired throughout your professional career to date are a significant asset; of course, gaining real-world management experience is necessary to become a successful manager. Studying academic management theory at Aston University is a particularly effective combination to achieve if you're looking for the best way to build on this experience as you advance in your career, whether you want to update your skills, accelerate your development, or change to a new career path. You will get insight into both your own areas of competence and those in which you lack practical experience if you enroll in a program of study that is intended to cover all aspects of business.
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Samantha wants to begin searching for a job using the Web. The best source for her online search will probably be __________.
A)a large job board such as Monster
B)a niche site that relates to her specific degree
C)a company's website
D)a mobile app such as Indeed Job search or Job Aware
Samantha wants to begin searching for a job using the Web. The best source for her online search will probably be a company website.
What is the first step in the job seeking process?Step 1: Research job opportunities
Research jobs that fit your skills and your job hunting will be more focused. Identify your skills and interests for the type of job you're looking for. Talk to someone at the organisation you're interested in and ask whether the skills and qualifications they need match yours
What is the first step when starting the job-search process?The first step in the job search process is writing your résumé. Job seekers should ask themselves questions such as Would I rather work for a large or small company? or How important are working environment, colleagues, and job stimulation? to identify their interests and goals
Which is the most commonly used source of job search Why?Advertisement is the most common method used for contacting the prospective candidates for various positions in business and non-business organizations
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fur product labels or hang tags must indicate any process that has been done on the fabric, including coloring. True or false
The given statement is the question about fur product labels or hang tags is TRUE.
1. If the product contains fur that has been sheared, plucked, or let-out, that information must be listed first on the label before any other information (optional)
2. the adjective version of the animal's nation of origin name (optional)
3. the creature's name
4. if the fur product is made up of fragments
5. Country of Origin
The product description should include information about the product's contents, materials, and quantity as well as the name and address of the maker, packer, or distributor. For tracking purposes, you may also specify a batch or serial number; For particular regulatory criteria, compliance scores.
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based on the following information, compute cash flows from financing activities under gaap. a. purchase of investments $ 150 b. dividends paid 1,100 c. interest paid 300 d. additional borrowing from bank 2,300
The cash flows from financing activities under GAAP, given the information, can be found to be $ 1, 200
How to find the cash flow from financing activities ?A part of a company's cash flow statement called cash flow from financing activities (CFF) displays the net cash flows used to fund the business. Transactions involving debt, stock, and dividends are considered financing activities.
The issuing and repayment of equities, the payment of dividends, the issuance and repayment of debt, and capital lease obligations are all examples of financial activity. The cash flow statement will show the amount of debt or equity that companies that need funding have issued.
The cash flow from financing activities here is:
= Additional borrowing from bank - Dividends paid
= 2, 300 - 1, 100
= $ 1, 200
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Below are batting averages of the New York Yankees players who were at bat five times or more in 2006.
Batting Averages for the 2006 New York Yankees
Player Avg Player Avg Player Avg
Derek Jeter 0.343 Miguel Cairo 0.239 Sal Fasano 0.143
Johnny Damon 0.285 Bobby Abreu 0.330 Terrence Long 0.167
Alex Rodriguez 0.290 Hideki Matsui 0.302 Kevin Thompson 0.300
Robinson Cano 0.342 Gary Sheffield 0.298 Kevin Reese 0.417
Jorge Posada 0.277 Craig Wilson 0.212 Andy Cannizaro 0.250
Melky Cabrera 0.280 Bubba Crosby 0.207 Randy Johnson 0.167
Jason Giambi 0.253 Aaron Guiel 0.256 Wil Nieves 0.000
Bernie Williams 0.281 Kelly Stinnett 0.228 Andy Phillips 0.240 Nick Green 0.240 PictureClick here for the Excel Data File
(a) Prepare a frequency distribution using a bin width equal to 0.05. (Round your "midpoint" and "width" answers to 3 decimal places.)
Here is the frequency distribution for the 2006 New York Yankees batting averages, using a bin width of 0.05:
Bin Lower Bound Midpoint Upper Bound Frequency
1 0.000 0.025 0.050 4
2 0.050 0.075 0.100 2
3 0.100 0.125 0.150 2
4 0.150 0.175 0.200 1
5 0.200 0.225 0.250 3
6 0.250 0.275 0.300 2
7 0.300 0.325 0.350 4
To create a frequency distribution using a bin width of 0.05, we first need to determine the range of the data. The range is the difference between the highest and lowest values in the data set.
In this case, the highest batting average is 0.343, and the lowest batting average is 0.000. So the range is:
0.343 - 0.000 = 0.343.
Next, we need to divide the range by the bin width to determine the number of bins we will need. In this case, we will need
0.343 / 0.05 = 6.86 bins.
Since we cannot have a fractional number of bins, we will need to round up to 7 bins.
Now we can create our frequency distribution by dividing the range into 7 equal bins, with a width of 0.05. The midpoint of each bin will be equal to the lower bound of the bin plus half of the bin width. For example, the first bin will have a lower bound of 0.000, and the midpoint will be 0.000 + 0.05 / 2 = 0.025.
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after a need is recognized, the next step in the consumer decision making process is typically____ .
after a consumer recognizes a need, the second step is to search for information about the various options that exist to satisfy that need.
Of the options listed below, which are examples of diversifiable risk? I. Wildfires damage an entire town II. The federal government imposes a $1,000 fee on all business entities III. Payroll taxes are increased nationally IV. All software providers are required to improve their privacy standards Multiple Choice o I and IV only o II and III only o I and III only o I, III, and IV only o II and IV only
A. I and IV only. I. Wildfires damage an entire town. IV. All software providers are required to improve their privacy standards.
What are diversifiable risks?
The chance of losing money on investment because of a company- or industry-specific hazard is known as a particular risk or diversifiable risk. Unlike systematic risk, unsystematic risk can only be reduced via diversification for an investor. By making investments in a variety of assets, an investor uses diversification to reduce risk. The risk that is unique to a corporation is referred to as unsystematic risk (also known as diversifiable risk). This kind of risk could be brought on by spectacular occurrences like a strike, natural disasters like fires, or even something as simple as declining sales. Business risk and financial risk are two typical types of unsystematic risk.
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A portfolio manager needs to allocate new money received from a client to fixed income. The PM believes that interest rates will increase in the near future and remain elevated. The coupon structure most likely to be favored by the portfolio manager under these conditions is a:A) fixed-coupon bond.B) floating-rate note.C) inverse floating-rate note.
The coupon structure most likely to be favored by the portfolio manager under these conditions is a B) floating-rate note.
A debt instrument with a changeable interest rate is known as a floating-rate note (FRN). An FRN's interest rate is correlated to a benchmark rate. Benchmarks include the interest rate on U.S. Treasury notes, the Fed funds rate, the prime rate, and the London Interbank Offered Rate (LIBOR).
Financial organizations, governments, and businesses can issue floating rate notes or floaters with maturities ranging from two to five years. A sizable portion of the investment-grade bond market in the United States is made up of floating-rate notes (FRNs).
Floaters, as opposed to fixed-rate debt instruments, enable investors to profit from an increase in interest rates because the floater's rate is periodically adjusted to reflect current market rates. The Fed funds rate is a common benchmark against which floating rates are measured.
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_______ is the largest self-regulatory mechanism by which fair advertising and selling practices are promoted by the business community across all industries.
The Better Business Bureau
BBB is the largest self-regulatory mechanism by which fair advertising and selling practices are promoted by the business community across all industries .
What exactly is the BBB (Better Business Bureau)?A private group called the Better Business Bureau (BBB) informs the public about companies and nonprofits. It also deals with client concerns concerning businesses. The nonprofit bureau has created a scale from A+ to F-based rating system for companies. The ethics and performance of each company are taken into account when assigning a rating. The BBB advises businesses on ethical conduct. Businesses who adhere to these guidelines and pay yearly dues can be accredited by the agency. A company must operate transparently, possess the necessary permits, abide by BBB advertising guidelines, and have no unresolved customer complaints in order to be accredited.
A definition of the Better Business Bureau may include its goal of enhancing community and business trust. The public can learn more about companies, brands, and charities by using the BBB business profiles. The Council of Better Business Bureaus, a self-regulatory body, is the umbrella body for local bureaus in the United States, Canada, and Mexico.
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Of the four perspectives of corporate social responsibility (CSR) discussed in this chapter, Honest Tea is taking the _____ approach.
Honest Tea is pursuing the proactive CSR strategy out of the four corporate social responsibility (CSR) views covered in this chapter.
The CSR methodology is what?The CSR approach entails putting into practice a company plan with the goal of achieving various corporate social responsibility initiatives, including fiscal accountability, environmental sustainability, and social responsibility.
One of the most common CSR examples is lowering carbon footprints. tightening up labor laws. fair trade practices.
What does a proactive position in social responsibility entail?Proactive corporate social responsibility (CSR) refers to business practices that organizations voluntarily adopt and go above and beyond what is legally required in order to continue supporting stable economic, social, and environmental development and thus make a significant and beneficial contribution to society.
Proactive corporate social responsibility (CSR) is the management of an organization's social duties through business strategies and practices that results in a significant and beneficial contribution to society. Beyond what is mandated by law, these tactics and procedures are used.
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which of the following options is not included in the marginal cost of a production decision? the fixed salary of the site manager the additional pay given to workers who work extra hours the inputs used to produce more goods/services
The option that is not included in the marginal cost of a production decision is: the fixed salary of the site manager. Option A
What is marginal cost?The term "marginal cost" describes the rise in manufacturing costs brought on by the creation of more product units. A different name for it is the marginal cost of production. Businesses may evaluate how volume produced affects cost and eventually profits by calculating the marginal cost.
The additional cost to produce a new good is known as the marginal cost. Say, for illustration, that it costs $100 to produce 100 vehicle tires. It would cost $80 to produce one more tire. The cost to produce one extra unit of a good or service is then known as the marginal cost. The marginal cost is determined by the production expenses.
The following is the formula for determining marginal cost: Cost change minus quantity change equals marginal cost.
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Athletix Shoe Company is bringing a new shoe to the market, so it begins a series of ads meant to highlight the new shoe for customers. These ads can be best described as ________ advertising.
a. brand
b. institutional
c. advocacy
d. competitive
e. public service
These ads can be best described as Brand advertising.
What is brand advertising?In order to reinforce identification and foster greater consumer loyalty, brands, products, and services may employ brand promotion to raise awareness of their existence. It can make use of all popular advertising strategies, including social media marketing and search engine marketing. Coca-Cola is among the most well-known examples of brand advertising because of its potent emotional links and enduring brand identity. As we can see, the goal of brand advertisements is to establish a strong brand identity rather than to quickly sell the goods. Brand advertising aids businesses in raising awareness, extending their reach, and increasing client recognition of their brand. It does this, for instance, by highlighting their brand narrative.
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Check is issued to establish a petty cash fund of $1,000.
The amount of cash in the petty cash fund is now $340. Check is issued to replenish the fund, based on the following summary of petty cash receipts: office supplies, $383; miscellaneous selling expense, $158; miscellaneous administrative expense, $99. (Because the amount of the check to replenish the fund plus the balance in the fund do not equal $1,000, record the discrepancy in the cash short and over account.) journalize the entries
Journal entry to replenish petty cash:
Dr Petty Cash $340Cr Cash $340(To replenish petty cash)
Journal entry to record discrepancy in the cash short and over account:
Dr Office Supplies $383Dr Selling Expenses $158Dr Administration expense $99Dr Cash Over and Short $20Cr Cash $660(To record discrepancy in the cash short and over account)
What is replenishment in petty cashReplenishment of petty cash should be recorded based on the cash difference between the established petty cash and the current amount of the petty cash. The item "cash short and over account" will be used to balance these entries.
Particulars Amount
Office supplies $383
Misc. selling expense $158
Misc. administration expense $99
Cash short and over account $20
($660 - $383 - $158 - $99)
Cash $660
($1,000 - $340)
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If country A can produce both goods X and Y more efficiently, that is, with smaller absolute amounts of resources, than can country B:
A. then there is no possible basis for mutually advantageous specialization and trade between A and B.
B. we can conclude that A is an industrially advanced economy and B is a developing economy.
C. mutually advantageous specialization and trade between A and B may still be possible.
D. it will necessarily be advantageous for B to import both X and Y from A.
Country B can mutually advantageous specialization and trade between A and B may still be possible. Even though country A may be able to produce both goods X and Y more efficiently than country B, this does not mean that it is not possible for both countries to benefit from specialization and trade.
Country A may specialize in producing one good, while Country B specializes in producing the other. This allows both countries to benefit from economies of scale and to produce more of each good than either country could produce on its own. This mutually advantageous specialization and trade may be beneficial to both countries.
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The cost of merchandise sold during the year was $54,000. Merchandise inventories were $10,500 and $12,500 at the beginning and end of the year, respectively. Accounts payable were $6,000 and $9,000 at the beginning and end of the year, respectively. Using the direct method of reporting cash flows from operating activities, cash payments for merchandise total
The cash payments for merchandise total using the direct method of reporting cash flows from operating activities is $49,000.
How do you determine the cash payments for merchandise?To determine the cash payments for merchandise using the direct method of reporting cash flows from operating activities, you can use the following formula:
Cash payments for merchandise = Cost of merchandise sold - (Ending inventory - Beginning inventory) - (Ending accounts payable - Beginning accounts payable)
Plugging in the given values, you get:
Cash payments for merchandise = $54,000 - ($12,500 - $10,500) - ($9,000 - $6,000)
= $54,000 - $2,000 - $3,000
= $49,000
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Which of the following statements about the opportunity cost associated with a capital budgeting project is correct?
A project's opportunity cost is a cash outlay that the firm has already paid; therefore, it should not be included in a capital budgeting analysis.
The terms sunk cost and opportunity cost generally are used interchangeably.
A project's opportunity cost is the return (cash flow) that will not be earned (generated) if funds are invested in a particular capital budgeting project.
A project's opportunity cost is not a relevant cash flow, therefore it should not be included in the capital budgeting analysis.
The stated statement indicates that The return (cash flow) that won't be generated (earned) if money is invested in a specific capital budgeting project is known as the opportunity cost of the project.
What does opportunity cost mean?According to microeconomic theory, the value or advantage forfeited by engaging in a specific activity in comparison to engaging in quite an alternative activity is known as the opportunity cost. In plainer terms, it indicates that by choosing one activity, you are forgoing the chance to select an other.
Why is the opportunity cost significant?Making smarter judgments can be aided by understanding opportunity cost. You may make a more informed decision including being better prepared for any ramifications of your choice when you fully comprehend the possible advantages and disadvantages of each option you are weighing.
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10. Questionable business practices according to antitrust agencies Complete the following table by matching each of the scenarios to the concept of resale price maintenance, predatory pricing, or tying. Resale Price Predatory TyingMaintenance Pricing Scenario Warm Winds is the only firm producing air fryers. It costs $410 to produce one air fryer, and Warm Winds sells each air fryer for $1,000. After Sirocco, a new firm with the same costs as Warm Winds, enters the market for air fryers, Warm Winds starts selling its air fryers for a price of $330. RightRound sells a wide variety of records to retail record stores. RightRound recently pressed two new records: a popular pop punk album and a much less popular smooth jazz album. RightRound requires record stores to order 15 copies of the smooth jazz album for every 140 copies of the pop punk album bought. RightRound is a firm that manufactures record players. Suppose RightRound sells its record players to online retailers for $209 each and requires those online retailers to charge at least $229 to shoppers for each record player. True or False: All economists believe that predatory pricing is a profitable business strategy. True False
The statement "All economists believe that predatory pricing is a profitable business strategy." is false.
Give a brief account on predatory pricing.A dominating company in an industry would purposefully lower the costs of a good or service to a point where they are making a short-term loss. This pricing approach is known as predatory pricing and uses the larger-scale undercutting method. The intention is for existing or potential competitors to be pushed out of the market because they cannot successfully compete with the dominating enterprise without suffering a loss. Once competition has been eliminated, the dominant firm with a majority market share can raise prices over time to monopoly levels in order to make up for lost revenue. Predatory pricing differs from competitive pricing during the period when the dominating firm is attempting to recover lost earnings by raising prices.
Solution for the question :
Warm Winds is the only firm producing air fryers. It costs $410 to produce one air fryer, and Warm Winds sells each air fryer for $1,000. After Sirocco, a new firm with the same costs as Warm Winds, enters the market for air fryers, Warm Winds starts selling its air fryers for a price of $330. - Predatory PricingRightRound sells a wide variety of records to retail record stores. RightRound recently pressed two new records: a popular pop punk album and a much less popular smooth jazz album. RightRound requires record stores to order 15 copies of the smooth jazz album for every 140 copies of the pop punk album bought. - TyingRightRound is a firm that manufactures record players. Suppose RightRound sells its record players to online retailers for $209 each and requires those online retailers to charge at least $229 to shoppers for each record player. - Resale price maintenanceTo know more about, predatory pricing, visit :
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True or False: an advertising campaign is a series of different and unrelated ads that use multiple themes and appear in different media over a long period of time.
It is false that an advertising campaign is a series of distinct and independent advertisements that use multiple themes and appear in various media over time.
What is the advertising campaign process?Step 1: Determine your goals and budget. Step 2: Identify your target audience. Step 3: Compose your message. Step 4: Develop a media strategy. Step 5: Conduct marketing campaigns.
What makes a good advertising campaign?The best advertising campaigns are often those that clearly communicate your brand equity to your audience, either intrinsically or externally. People don't want to work hard to understand what you're trying to convey. So be sure to communicate your message clearly and avoid confusion.
What are types of advertising campaigns?The type of advertising allows marketers to create campaigns that are relevant to the right people. Example: Display ads. Video ads. Mobile advertising. Native advertising. People who are interested in sports are very likely to be interested in sports apparel, so a sports apparel manufacturer can increase sales by advertising on sports blogs.
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Match each entrepreneur below with the field of enterprise with which he is historically identified.
A. Andrew Carnegie 1. steel
B. John D. Rockefeller 2. oil
C. J. Pierpont Morgan 3. tobacco
D. James Duke 4. banking
The Entrepreneur under with the sector of business enterprise with which he's traditionally identified: A-1, B-2, C-4, D-3.
The required details for Entrepreneur in given paragraph
An entrepreneur is an character who creates and/or invests in a single or greater companies, bearing maximum of the dangers and playing maximum of the rewards. The procedure of putting in place a enterprise is called entrepreneurship. The entrepreneur is usually visible as an innovator, a supply of latest ideas, goods, services, and enterprise/or procedures. More slim definitions have defined entrepreneurship because the procedure of designing, launching and jogging a brand new enterprise, that is frequently just like a small enterprise, or because the "capability and willingness to develop, arrange and manipulate a enterprise project at the side of any of its dangers to make a profit." The individuals who create those companies are frequently known as entrepreneurs. While definitions of entrepreneurship commonly attention at the launching and jogging of companies, because of the excessive dangers concerned in launching a start-up, a considerable percentage of start-up companies need to near because of "loss of funding, awful enterprise decisions, authorities policies, an monetary crisis, loss of marketplace demand, or a aggregate of all of those.
In the sector of economics, the time period entrepreneur is used for an entity which has the cap potential to translate innovations or technologies into merchandise and services.
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As the replenishment lot size grows, the cycle inventory at the firm grows, thus increasing the cost of holding inventory. TRUE.
The cost of retaining inventory rises when the replenishment lot size and the company's cycle inventory both increase. Quantity discounts reduce the unit cost while often boosting the minimum batch size.
How does inventory work?
Inventory is the collective term for all the goods, products, and supplies that a business maintains on hand with the intention of reselling them for a profit. If a newspaper vendor uses a vehicle to deliver newspapers to customers, just the newspaper will be considered inventory.
What does inventory actually imply at work?
Inventory consists of goods or resources that a business intends to resale to customers at a profit. Inventories management is an essential part of the supply chain and involves tracking inventory from manufacturers to warehouses.
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A(n) ________ maintains a clear sense of purpose and a firm idea of what is involved in creating the project.
A) politician
B) ambassador
C) cheerleader
D) visionary
A visionary maintains a clear sense of purpose and a firm idea of what is involved in creating the project. It entails identifying and managing risks, as well as careful resource management, prudent budgeting, and clear communication among multiple teams and stakeholders.
A project champion is the team member in charge of project management. This is the person in charge of ensuring that everyone is on the same page and on track to complete the project successfully and on time. Project managers oversee the budget, stakeholders, and roles of team members to ensure that deadlines are met. Project managers are also responsible for the team's efficiency, but their primary focus is on inspiring the team and encouraging the development of new ideas.
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market structures for each of the following scenarios, identify the number of firms present, the type of product, and the appropriate market model. select the matching entry for each dropdown box in the following table. scenario number of firms type of product market model in a major metropolitan area, there are many coffee shops, but one chain has gained a large market share because customers feel its coffee tastes better than its competitors'. there are dozens of pasta producers that sell pasta to hundreds of italian restaurants nationwide. the restaurant owners buy from the cheapest pasta producer they can. while pasta manufacturers must pay licensing fees to their local government and undergo regular food-safety inspections, anyone who has passed inspections can acquire and maintain their license. many identical perfect competition in a small town, there are four providers of broadband internet access: a cable company, the phone company, and two satellite companies. the internet access offered by all four providers is of the same speed. almost everyone in the city already has broadband, so any potential new company would have to engage in a price war with the existing companies and would be unlikely to cover its costs for years, if ever. the government has granted the u.s. postal service the exclusive right to deliver mail.
The identification of the market structures for each of the scenarios is given below.
What are the market structures?1. Number of firms: Option c. Many
Type of product: Option d. Differential
Market Model: Option c. Monopolistic Competition.
There are numerous businesses selling the commodities in this form of competition. The declining demand curve for this will be observed.Examples include utilities, supermarkets, restaurants, etc.2. Number of firms: Option b. Few
Type of product: Option c. Identical
Market Model: Option a. Oligopoly
Oligopoly is a term used to describe a situation in which many large organizations dominate a market.For instance, in the taxi industry, customers are more concerned about their services than similar items.3. Number of firms: Option a. One
Type of product: Option a. Unique
Market Model: Option d. Monopoly
A monopoly occurs when control and management of the firm are exercised by a single entity.When a company is the only one operating in a given industry, as with AIDS medicine manufacturers, the results may be singular.Learn more about market model from
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See correct question below
For each of the following scenarios, identify the number of firms present, the type of product, and the appropriate market model.
1. There are hundreds of colleges and universities that serve millions of college students each year. The colleges vary by location, size, and educational quality, which allows students with diverse preferences to find schools that match their needs.
Number of firms:
a. One
b. Few
c. Many
Type of product:
a. Unique
b. Anything
c. Identical
d. Differential
Market Model:
a. Oligopoly
b. Perfect competition
c. Monopolistic Competition
d. Monopoly
2. In a large city, two taxi companies own all the licenses that the city will grant to operate taxis. Consumers don't care which cab company they take- if they decide it's worth taking a cab, they flag down the nearest one.
Number of firms:
a. One
b. Few
c. Many
Type of product:
a. Unique
b. Anything
c. Identical
d. Differential
Market Model:
a. Oligopoly
b. Perfect competition
c. Monopolistic Competition
d. Monopoly
3. The government has granted a patent to a drug company for an experimental AIDS drug. That company is the only firm permitted to sell the drug.
Number of firms:
a. One
b. Few
c. Many
Type of product:
a. Unique
b. Anything
c. Identical
d. Differential
Market Model:
a. Oligopoly
b. Perfect competition
c. Monopolistic Competition
d. Monopoly
Suppose a public referendum is being held on whether or not to levy a tax on cigarettes. Currently, the supply of cigarettes is given by Qs = -100 + 20P. You estimate the demand for cigarettes to be Qd = 200 - 5P.You are asked to evaluate the likely effects of a tax on cigarettes equal to $1 per pack of cigarettes. Specifically, you are to file a report which predicts by how much this will reduce the amount of cigarettes sold. You are also asked to estimate the proportion of the tax that will be paid by the cigarette companies (sellers), and the proportion of the tax that will be paid by the smokers (consumers) of cigarettes.To do this, you will first need to calculate the current price and quantity of cigarettes sold.a) (6 points) What is the equilibrium price and quantity of cigarettes? Next you know from your economics class that you will need to know the price elasticity of demand and the price elasticity of supply of cigarettes. (Note: for parts b-e, please leave your answers in the form of a fraction.)b) (6 points) What is the price elasticity of demand for cigarettes at the equilibrium price?c) (6 points) What is the price elasticity of supply of cigarettes at the equilibrium price?Using your answers to b) and c), you are now able to determine what proportion of the tax will be paid by buyers, and what proportion of the tax will be paid by sellers.d) (6 points) What proportion of the tax will be paid by sellers?e) (6 points) What price will buyers pay after the tax is imposed?f) (6 points) What quantity of cigarettes will be sold after the tax??Finally, a new proposal suggests that the tax should be levied on the cigarette companies instead of the smokers.g) (6 points) From what you have learned in this class, how should you respond to this proposal?
E. Quantity of cigarettes sold is 136.
F. New proposal doesn't make a change whether tax is levied on consumers or producers. The end result remains the same.
The incidence of tax depends on the elasticity of demand and elasticity of supply and not on the party on which the tax is levied.
WHAT IS CIGARETTE TAX?
A tobacco tax, often known as a cigarette tax, is a charge imposed on all tobacco products by different levels of government, frequently with the stated intention of lowering tobacco usage or at the very least raising money for related healthcare services. Both "tobacco tax" and "cigarette tax" are commonly used.
Reason
Qs=-100+20P
Qd=200-5P
At equilibrium, Qd=Qs
-100+20P=200-5P
P*= 300/25= $12
Q*= 200-5*12= 140
Tax= $1
Qs'= -100+20(P-1) = -100+20P-20= -120+20P
New equilibrium
-120+20P= 200-5P
P*= 320/25=$12.8
Q*=200-5*12.8=136
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mahrouq technologies buys $16,115,771 of materials (net of discounts) on terms of 7/30, net 60, and it currently pays within 30 days and takes discounts. mahrouq plans to expand, and this will require additional financing. if mahrouq decides to forego discounts and thus to obtain additional credit from its suppliers, calculate the nominal cost of that credit.
Mahrouq's nominal cost of the credit after additional credit is $ 91.58.
(.07/1-.07)*(365/30)
= 0753 × 12.1667
= 0.9158
= 91.58
The term "nominal" is used frequently in finance and has numerous definitions. It means very little or significantly less than the actual worth or cost in the first instance. This adjective is used to modify nouns in finance like fee and charge. A nominal fee is one that is less than the cost of the good or service offered, is likely affordable for the customer, or is so minor as to not significantly affect the recipient's financial situation. A rate that has not been adjusted for inflation is also referred to as nominal. Nominal can also be used in the context of finance and economics to describe an unadjusted rate or a change in value.
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The percentage of retired older workers has increased dramatically since the introduction of Social Security.A. TrueB. FalseC. Uncertain
The statement is true : The percentage of retired older workers has increased dramatically since the introduction of Social Security.
Long-term funding issues are present for Social Security. Many young employees think the situation is so bad that they might never get a Social Security check. The reasonable answer to Social Security's funding issue is to reduce projected benefits and moderately raise payroll taxes. Raising the early qualifying age and regular retirement age for retirement pensions is a logical method to cut future payments.
The significant increase in life expectancy since Social Security's inception in the 1930s serves as justification for this revision. When the average retirement age stays the same, a rise in life expectancy corresponds to a significant increase in lifetime Social Security benefits.
Voters are against raising the retirement age. Unfortunately, this is true of any other changes that would improve Social Security's financial stability, such as tax increases and changes to the formula used to determine full payments.
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usage rate segmentation best explains how a fraction of the segment can make up a portion of consumption.
Customers are divided into groups based on how frequently they use the product using a technique called use rate segmentation. It aids product managers in learning which features people enjoy and dislike the most.
What is usage rate?Usage rate shows what proportion of a product's features are used by customers, as well as which aspects they prefer and avoid.
What are the type of usage rate segmentation?There are 4 types of usage rate segmentation:
New users
Power users
Advocates
Inactive users
What are the difference between Usage rate segmentation and behavioral segmentation?Usage rate segmentation is a crucial component of behavioral segmentation and one of its components.
The practice of segmenting users based on their behavioral participation is known as behavioral segmentation. Customers can be divided into groups, for instance, according to their NPS rating, customer journey stage, engagement score, reached milestones, etc.
Contrarily, utilization rate segmentation categorizes clients into groups based on the length of time they spend using your product and the number of features they access.
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the focus of digital laryngeal manipulation is to decrease the excessive contraction of the muscles of the larynx. t/f
It is true that the focus of digital laryngeal manipulation is to decrease excessive contraction of muscles of the larynx.
What is manipulation?In psychology, manipulation refers to a pattern of conduct intended to take advantage of, dominate, or in some other way influence another person. Different definitions of the term include different behaviors, depending on the culture and whether they are used to refer to the general public or patients. Manipulative tendencies can be a symptom of personality disorders including borderline personality disorder, narcissistic personality disorder, or antisocial personality disorder. The personality trait known as Machiavellianism includes manipulation as a key element. Manipulation is also connected with greater levels of emotional intelligence. The two types of influence are not the same as manipulation. The right of an individual to accept or reject influence is typically regarded as being unaffected by influence, and thus makes it appear to be harmless.
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Subtracting a decrease in Unearned Revenue from net income eliminates the effect of recording revenue that:
decreased net income and decreased cash flow this period
increased net income and increased cash flow this period
increased net income, but did not impact cash this period
decreased net income, but did not impact cash this period
Subtracting a decrease in Unearned Revenue from net income eliminates the effect of recording revenue that: decreased net income and decreased cash flow this period
Unearned revenue is money received from an individual or business for a service or product that has not yet been provided or delivered. It is a "prepayment" for services or products that an individual or company is expected to provide to the buyer at a later date. As a result of this prepayment, the seller owes the revenue earned until the good or service is delivered. This liability is classified as current because it is anticipated to be resolved within a year. Deferred revenue and advance payments are other terms for unearned revenue.
When unearned revenue is received, it is included in the cash flow statement and is recorded as a liability on the balance sheet. It is then included in the income statement after the service is performed in exchange for payment.
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The up-sloping aggregate supply curve means that rightward shifts of aggregate demand result more in demand-pull ______ than in increased output.
The up-sloping aggregate supply curve means that rightward shifts of aggregate demand result more in demand-pull inflation than in increased output.
What is an up-sloping aggregate?
Longer-term bonds often have higher yields than short-term bonds in upward-sloping yield curves, also known as normal yield curves. Normal curves indicate economic growth, whereas downward-sloping (inverted) curves indicate economic contraction. Due to the economy's growing income, the AD curve is upward-sloping. People's spending grows along with their income, which drives up AD and the other way around. Because of the positive link between income and AD, the AD curve is upward-sloping. The downward dipping of the aggregate demand curve, as seen in, is its most obvious characteristic. There are several factors at play in this relationship.
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Option 1: Your economics professor assigns a group project for the course. Describe the free-rider problem that can lead to a suboptimal outcome for your group. To combat this problem, the instructor asks you to evaluate the contribution of your peers in a confidential report. Will this evaluation have the desired effects?
Outcome evaluation is a technique of finding out how properly a software achieved its goals by measuring results. To verify how nicely a software done desired objectives, it is first important to have in reality described objectives. Next, there must be a way to measure how well the objectives are being achieved.
How will you determine result contrast to attain its want objectives?Outcome evaluation is a technique of determining how nicely a program performed its goals by means of measuring results. To ascertain how properly a application performed preferred objectives, it is first vital to have clearly defined objectives. Next, there must be a way to measure how well the objectives are being achieved
Research impact is regularly measured the use of quantitative methods such as quotation counts, the h-index, and journal affect factors. It can additionally be described qualitatively. Currently, there is no one device or gadget that totally measures impact.
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