If the supply curve is less elastic than the demand curve, the tax burden is borne more heavily by the sellers.
What does supply curve mean?The link between product pricing and the amount of product a seller is willing and able to supply is graphically represented by the supply curve in economics. The graph's vertical axis represents product pricing, while its horizontal axis represents the amount of the product delivered.
Why does the supply curve have a rising slope?The supply curve slopes higher because firms are often more driven to create a good as its price rises. The cost of production also has a tendency to rise when output rises since businesses are efficient and will use up the cheapest manufacturing inputs first.
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angela, a manager at exuberance inc., believes in giving special attention to the needs of employees, creating learning opportunities for them, accepting and tolerating differences, and listening to their problems. which of the following components of transformational leadership is illustrated in this scenario?
Focus and audience are the key areas of distinction. While transformational leaders concentrate on converting organizations into the leader's vision, charismatic leaders frequently aim to improve the status quo.
A leadership style known as transformational leadership affects both social systems and individual behaviour. In its optimal state, it brings about significant and constructive change in the followers with the ultimate objective of transforming followers into leaders.
The "four I's"—idealized influence, inspiring drive, intellectual stimulation, and individual consideration—are the four components of transformational leadership. Each element will be covered in detail to assist managers in implementing this strategy at work.
Leaders that are charismatic are kind, capable of being aware of others, have the mindset of wanting the best for others, and have the bravery to act. High performance standards are communicated to followers by charismatic leaders, who also show faith in their competence.
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International assignments are especially beneficial to the organization if they are linked to the company's ____. A. labor relations
International assignments are especially beneficial to the organization if they are linked to the company's development programs.
One of the most difficult and expensive areas for HR professionals to understand is international assignment management. Millions of dollars can be spent on a three-year worldwide assignment, however many companies don't do it properly. Companies still report a 42% failure rate on overseas assignments despite making large investments on them.
The given question is incomplete, the complete question is :
When international assignments are related to a company's ____, they are extremely advantageous to the organization.
A. Labor relations;
B. outsourcing initiatives;
C. Training techniques
D. Bonus schemes
E. development initiatives
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jacob was on active duty in a combat zone from january 1, 2019, until june 30, 2020. jacob filed his 2019 federal income tax return on august 17, 2020. he was unable to file form 4868 for the 2019 return. jacob owes a balance due of $640 on his 2019 return. which of the following is true? jacob may be assessed a penalty because he filed his 2019 balance due tax return late. jacob was required by law to file form 4868 on or before the original due date of the 2019 return. jacob has to include all money he earned in 2019 on the 2019 tax return, including combat pay. jacob will be assessed no penalty for filing his 2020 balance due tax return after its original due date because he was in a combat zone.
Jacob will be assessed no penalty for filing his 2020 balance due tax return after its original due date because he was in a combat zone is true.
How much is the federal income tax?For the 2022 tax year, the federal income tax rates are at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. But each year, the minimum income levels for each category are gradually raised to account for inflation.Example: Following are the steps you would use to determine your federal tax if your taxable income in 2021 was $50,000: Pay 15%, or $7,353.00, or $7,353.00, up to $49,020. Pay $200.90 (20.5% of $49,020 to $98,040) as your payment. $7,553.90 in federal taxes are due in total.Basic wage plus HRA plus Special Allowance + Transport Allowance equals the total of one's salary.Because he was in a battle zone, Jacob won't be penalised for filing his 2020 balance due tax return after the deadline.To learn more about federal income tax refer to:
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T/F price stability is a desirable goal for the economy since it makes it easier for consumers and businesses to plan their budgets accordingly.
That provided assertion is true. Price stability helps firms and people manage their budgets more easily, which is a desired economic goal.
How is an economy defined?
A system of interconnected production and consuming activity that largely decide the resource allocation inside a group is referred to as an economy. These needs of persons who live there and transact there have been fulfilled by the production & consumption of services and goods in general.
Why is the economy crucial?
The commodities and services that all of us require must be created; growth implies both their quantity and quality increase. Best of health, a location to live, education access nutrition, social relationships, tolerance, peace, civil dignity, a clean environment, and happiness.
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While contracting with celebrities to endorse a company's brand adds to the competitive power of its product offering vis-a-vis the offerings of rivals, the biggest benefit of signing a celebrity to a contract usually comes from preventing a rival company from winning the contract for that celebrity. a company cannot expect that signing celebrities to contracts will lead to better company performance if its total contractual payments to celebrity endorsers exceed $10 million per year. a company can overpay to win the contract for a celebrity such that the costs of paying the celebrity the contracted amount outweigh the incremental profits on the added sales volume, with the result that the company's total profits fall rather than rise. the costs of paying a celebrity the contracted amount are likely to exceed any benefits gained from the celebrity's endorsement until the company wins additional celebrity contracts and has at least 2 celebrity endorsements each year. a company cannot expect that the benefits of winning a contract will outweigh the associated costs until the company's overall celebrity rating exceeds 150 in each geographic region.
A company cannot expect that signing celebrities to contracts will lead to better company performance if its total contractual payments to celebrity endorsers exceed $10 million per year. Hence, option (b) is relevant.
Give a brief account on celebrity endorsement.Celebrity branding, often regarded as celebrity endorsement, is a type of marketing strategy or advertising campaign that makes use of a celebrity's notoriety or social standing to advertise or draw attention to a product, business, or service.
As businesses get more competitive in their bids, they fail to recognize if the money going to the celebrity is worthwhile or not. If endorsers spend more than $10 million, the company receives no advantage and must ultimately raise costs, which will have an effect on demand. The company's cash flow will also be impacted, and the cost of the advertisement would increase the company's expenses. Celebrities also have a public image that is affected by what they do. If you agree to a contract with a celebrity and two of his films fail within that time frame. The deal will not be advantageous to the corporation in any way. As a result, the business need not anticipate that snooping on celebrities will significantly affect their performance.
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in 2019 in the u.s., [ select ] was the most used source of energy and [ select ] was the second most used source of energy.
Natural gas and petroleum were the two energy sources that were most commonly used.
How much petroleum is there?Hydrocarbons, or compounds made exclusively of carbon and hydrogen, make up the majority of petroleum. Alkanes (aromatic hydrocarbons), two or more atoms (naphthenes), and saturated compounds are the most prevalent constituents.
What is petroleum?Petroleum, commonly known as crude, is a naturally present liquid that may be converted into fuel and is found beneath the surface of the planet. Petroleum, a fossil fuel, is produced over time when organic matter breaks down and is used to power machines, automobiles, and heaters. It can also be used to make plastic.
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the distributive process by which the burdens and rewards that society has to offer are shared varies from society to society. T/F
It is true that the distributive process by which the burdens and rewards that society has to offer are shared varies from society to society.
How the people in any given region divide burdens and rewards among themselves depends in large part on factors like the geography of the region and the propensity of the people established based on it. Additionally, the patterns of burden and reward distribution vary depending on the region's diverse demographics.
Distributive justice is the equitable distribution of costs and benefits in a society. Armstrong claims that distributive justice ensures that everyone member of a society bears some of the burden and benefits of living. Distribution justice is concerned with the equitable distribution of advantage among various social members.
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summary report
For upper-level managers who often want to see total figures and do not need supporting details, a(n) ____ is appropriate.
For upper-level managers who often want to see total figures and do not need supporting details, a storyboard is appropriate.
Who are the upper-level managers?Upper management members can be described as the members with imbued with powers given by the company's shareholders or board of directors.
It should be noted that the upper management personnel can be the CEOs, CFOs however the Shareholders hold a company's upper management help ion the act of keeping a company profitable and growing.
With regards to the case above the storyboard can be considered as a graphic organizer with illustrations or images displayed in sequence for the purpose of pre-visualizing a motion picture as well as , motion graphic or interactive media sequence that can be used by the managers.
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The MBO technique has been criticized for putting too much emphasis on achieving goals (ends) and not enough on the methods that people use to achieve them (means). Do you think this is a flaw in the technique or in the way managers apply it? How would you place a balanced emphasis on ends and means?
Setting clear targets for your staff to work toward is referred to as management by objectives (MBO). In recent decades, this has emerged as a crucial component of performance management.
What do you mean by MBO?
Managers need to develop their ability to set priorities and manage their time in order to implement the MBO program. lack of necessary expertise. Managers could lack the necessary abilities for setting goals, communicating with others, and engaging in interpersonal interactions including giving and receiving criticism. Individual lack of motivationThe MBO procedure is as follows: Set goals and expected results for each subordinate, establishing performance criteria, comparison between the employee's actual goals and their own aspirations, For targets that were not attained the previous year, set new objectives and new tactics.To know more about MBO here
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suppose that each of two independent investments has a 2% chance of a loss of $10 million and 98% chance of a profit of $1 million.
The chances of loss on investment is 20000$. An independent investment is money that people or businesses put into businesses. Investments that are independent of other investments in a company are unconnected.
Typically, people invest money by buying bonds or stock in a firm. Contrary to what their names imply, contingent investments are linked to some other forms of investments while independent investments are just that—contingent. a sum of money that an individual, rather than a company or businesses, has invested in something, or these investments taken collectively: Real estate and precious metals are his go-to personal investing options. The most valuable cryptocurrency by market capitalization, bitcoin, is a volatile and dangerous investment.
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A profit-maximizing, competitive firm will always hire an additional worker when the additional worker makes a positive contribution to:
a. total revenue
b. total profit
c. the value of the marginal product of labor
d. marginal revenue
A profit-maximizing, competitive firm will always hire an additional worker when the additional worker makes a positive contribution to b. total profit.
A business that seeks to maximize profits will hire workers up until the wage rate exceeds the marginal output of labor. The firm should increase hiring if the marginal product of labor exceeds the wage rate until the two quantities are equal.
Similar to any market, the profit maximization level occurs when marginal cost and marginal revenue are equal. The labor wage in this instance represents the marginal cost of labor. As a result, the point at which the salary matches the marginal revenue product of labor is where the employer will make the most money.
It is not optimal for a corporation to pay its workers more than it will make in revenues from their labor, according to economic theory, therefore profit-maximizing firms would hire people up to the point where the marginal revenue product is equal to the wage rate.
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jones corporation reported current assets of $194,000 and current liabilities of $137,500 on its most recent balance sheet. the current assets consisted of $61,400 cash; $42,700 accounts receivable; and $89,900 of inventory. the acid-test (quick) ratio is: multiple choice 1.4 : 1. 0.76 : 1. 0.54 : 1. 1 : 1. 0.65 : 1.
An accounting ratio known as a quick ratio estimates a company's liquidity in terms of how quickly quick assets can reduce the company's current obligations. One to one can be an absolute quick ratio.
What does quick ratio mean?The quick ratio shows how much of a company's most liquid assets can be used to pay its short-term obligations. To put it another way, it measures how much of a company's current liabilities it can cover with cash and how much of its assets it can easily cash out.
Quick assets are equal to current assets, and inventory is equal to $ 192, 000. The acid-test (quick) ratio is now calculated as follows:
Acid-test ratio: Quick assets and current liabilities equal 105, 500, 136, 500, or 0.77:
1 The ratio of the acid test is 0.77:1.
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the traditional economic model of the industrial age has been based on utility as a measure of value
Economics uses the term "utility" to define a good or service's value or worth. More specifically, utility is the entire satisfaction or benefit because the industrial age's traditional economic model relies on utility as a yardstick for measuring worth.
What is economic explain?Economics is indeed the study underlying scarcity and the way it impacts a variety of complex social issues, including how assets are used, how goods and services are generated, how output and welfare rise over time, as well as a host of other intricate issues. The study of resource scarcity is a key component of economic social science. It investigates factors that affect the production, distribution, and consumption of goods and services within an economy. It looks into how scarce resources are allocated among individuals, groups, and governments.
Why is economic important?Economics majors are more adept at comprehending their surroundings. It enables individuals to comprehend other individuals, groups, markets, and governments, allowing them to better respond to the difficulties and opportunities presented by shifting conditions. From the decisions we make in daily life to how corporations or governments accomplish their goals, economics gives the insights and analytical framework necessary to comprehend how our world functions. People make decisions every day that have a major or minor impact on their life.
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T/F the real value of a monte carlo simulation is that it displays to the client and to the project planner the degree of uncertainty that is involved with any project.
Monte Carlo simulations assist in illuminating how risk and uncertainty affect forecasting and prediction models.
What does project management Monte Carlo simulation entail? When there is a chance for random variables, a Monte Carlo simulation is a model used to estimate the likelihood of a variety of possibilities.The effects of risk and uncertainty in prediction and forecasting models are better understood thanks to Monte Carlo simulations.A mathematical tool that enables you to take risk into consideration and aids in data-driven decision-making is the Monte Carlo simulation.To predict the likely result of future projects under comparable conditions, it is based on previous data that has been put through numerous random simulations.Several random routes for the price of an underlying asset are generated using the Monte Carlo method, each of which has a corresponding payout.The option is then calculated by averaging these payoffs and discounting them back to the present.To learn more about Monte Carlo simulation refer
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Pierre's Hair Salon is considering opening a new location in French Lick, California. The cost of building a new salon is $262,000. A new salon will normally generate annual revenues of $59,710, with annual expenses (including depreciation) of $40,900. At the end of 15 years the salon will have a salvage value of $80,000. Calculate the annual rate of return on the project. (Round answer to O decimal places, e.g. 125 Annual rate of return=
Annual rate of return on the project is 11%.
Define Annual rate of return.The change in an investment's value expressed as a percentage is known as the yearly rate of return.
Annual rate of return = Average annual income ÷ average investment
where,
Average investment:
= (Initial investment + Salvage value) ÷ 2
= ($262,000+ $80,000) ÷ 2
= $ 171,000
And, Average annual income:
= $59,710 - $40,900
= $ 18,810
So, the annual rate of return:
= Average annual income ÷ average investment
= $18,810 ÷ $171,000
= 0.11
= 11%
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Juanita is deciding whether to buy a suit that she wants, as well as where to buy it. Three stores carry the same suit, but it is more convenient for Juanita to get to some stores than others. For example, she can go to her local store, located 15 minutes away from where she works, and pay a marked-up price of $112 for the suit:
Determining opportunity cost Juanita
Store Travel Time Each Way (Minutes) Price of a Suit (Dollars per suit)
Local Department Store 15 112
Across Town 30 89
Neighboring City 60 70
Juanita makes $16 an hour at work. She has to take time off work to purchase her suit, so each hour away from work costs her $16 in lost income. Assume that returning to work takes Juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. As you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling.
Complete the following table by computing the opportunity cost of Juanita's time and the total cost of shopping at each location.
Store Opportunity Cost of Time (Dollars per suit) Price of a Suit (Dollars) Total Cost (Dollars)
Local Department Store 112 Across Town 89 Neighboring City 70 Assume that Juanita takes opportunity costs and the price of the suit into consideration when she shops. Juanita will minimize the cost of the suit if she buys it from the _____.
Juanita can minimize her total cost by shopping from the Neighboring city market.
It is given that when Juanita buys from a local store spends 15 minutes going to the market, 30 minutes shopping, and 15 minutes coming back home. Thus, the total time spent in the local market is 60 minutes. Thus, the opportunity cost of time is the wage rate per hour, which is $16.
Similarly, in across-town shopping, she spends 30 minutes to reach the market, 30 minutes to shop, and again 30 minutes to return. Therefore, the opportunity cost of time is $24 ($16 + $8).
Besides this, the opportunity cost of time by shopping in a neighboring city is $40 ($16+$16+$8).
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Match the definitions with the terms that most closely align with the description. the cost of producing one more unit of a good or service the situation where an additional unit of a good or service costs the same as each of the former units the benefit experienced from undertaking one more unit of an activity a situation where the expense of producing one more unit of a good or service is greater than that of producing the previous unit the amount that, when produced or consumed, results in the greatest possible net gain the situation where the gain from an additional unit of a good or service is less than the gain from producing the previous unit Match the definitions with the terms that most closely align with the description. the cost of producing one more unit of a good or service the situation where an costs the same as eac constant marginal cost marginal cost marginal benefit a situation where the of a good or service is previous unit decreasing marginal benefit optimal quantity increasing marginal cost the situation where the the amount that, when produced or consumed, results in the greatest possible net gain good or service is less previous unit
Marginal cost is calculated as the complete charges required to manufacture one extra good. Therefore, it can be measured by means of modifications to what expenses are incurred for any given additional unit.'
What defines marginal cost?The marginal price refers to the increase in production prices generated by the production of extra product units. It is also regarded as the marginal fee of production. Calculating the marginal value approves groups to see how volume output influences cost and hence, ultimately, profits.
Marginal price is the delivered price to produce an additional good. For example, say that to make a hundred car tires, it charges $100. To make one extra tire would value $80. This is then the marginal cost: how much it costs to create one additional unit of a excellent or service. The expenses of production determine the marginal cost.
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https://brainly.com/question/12231343#SPJ4a change in which of the following will cause the aggregate demand curve to shift? a change in which of the following will cause the aggregate demand curve to shift? consumer wealth energy prices prices of inputs productivity rates
The aggregate demand curve often shifts to the left when overall consumer spending drops. Consumers may spend less as a result of rising living costs or higher taxes.
Consumers may decide to spend less and save more if they expect price hikes in the future. Consumer temporal preferences may change over time, possibly favoring future consumption over present consumption.
Additionally, the aggregate demand may shift to the left as a result of a contractionary fiscal strategy. The government may decide to raise taxes or reduce spending to balance the budget.
Monetary policy has less immediate effects. Both individuals and businesses prefer to borrow less and save more when the interest rate is raised by monetary policy.
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This exercise is a review of the grammar rules you learned in the first ten chapters as well as a review of confusing and frequently misspelled words.
Choose the word that completes the sentence correctly.
I was offered the position last week.
formerly
formally
1. Choose the sentence that contains the correctly spelled word.
The recruiter called to congradulate me after I received the position.
The recruiter called to congratalate me after I received the position.
The recruiter called to congratulate me after I received the position.
2. Choose the correctly punctuated sentence.
You, the applicant, should use a job interview to evaluate the prospective employer.
You, the applicant should use a job interview to evaluate the prospective employer.
You the applicant should use a job interview to evaluate the prospective employer.
3. Choose the correctly punctuated sentence.
When preparing for panel interviews, review the basic biographical information about each panel member.
When preparing for panel interviews review the basic biographical, information about each panel member.
When preparing for panel interviews review the basic biographical information about each panel member.
4. Choose the correctly punctuated sentence.
When deciding how to dress for an interview, avoid loud colors; strive for a coordinated, neutral appearance.
When deciding how to dress for an interview, avoid loud colors strive for a coordinated neutral appearance.
When deciding how to dress for an interview; avoid loud colors strive for a coordinated neutral appearance.
5. Choose the best option to complete the sentence.
The interviewer asked me a series of traditional questions then I asked him my closing questions.
6. Choose the correctly punctuated sentence.
I didn’t feel like I did a very good job at my interview last week yet, I think I can regroup and improve by my next one.
I didn’t feel like I did a very good job at my interview last week, yet I think I can regroup and improve by my next one.
I didn’t feel like I did a very good job at my interview last week yet I think I can regroup and improve by my next one.
7. Choose the best option to complete the sentence.
I will report to my office on for my first day of work.
June 16, 2009,
June 16 2009
June 16, 2009
8. Choose the correctly punctuated sentence.
Please send your application to Helen Jameson 2384 34th Avenue, Jessup OR 94035, as soon as possible.
Please send your application to Helen Jameson, 2384 34th Avenue, Jessup, OR 94035, as soon as possible.
Please send your application to Helen Jameson 2384 34th Avenue Jessup, OR 94035, as soon as possible.
9. Choose the word that is spelled correctly.
I never my past salaries when negotiating with a hiring manager.
exaggerate
exagarate
exegerate
You, the candidate, should assess the potential employer during the job interview. After I was offered the job, the recruiter called to express her congratulations.
What is a manager's job description?
maintains staff by bringing in, choosing, onboarding, and training new hires. makes ensuring that the workplace is safe, secure, and lawful. develops opportunity for personal development. By conveying job expectations and planning, monitoring, and assessing job outputs, managers may achieve their goals for their team.
What is the definition of a good manager?
inspiring and empowering. Effective leaders keep their team members inspired to produce their best work. They foster a sense of worth, empowerment, and support among the individuals they supervise. When the people they supervise succeed, they feel successful as well.
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The gross weekly sales at a certain restaurant are a normal random variable with mean $2200 and standard deviation $230. Find the probability that (a) the gross sales over the next two weeks exceeds $5000. (b) weekly sales exceed $2000 in at least 2 of the next 3 weeks.
Answer:
(a)0.0325
(b)0.9033
Explanation:
(a)
Define random variables X and Y that marks the total gross sales over the first and the second week, respectively.
We are given that
and when we can assume that they are independent (knowing total sales in the first week does not affect total sales in the second week).
Know, we are considering random variable Z=X+Y. From the theory, we know that
i.e., the sum of two independent Normals is again Normal.
Now, we are required to find:
(b)
Define random variable N as the number of weeks in the next three weeks where the total gross sales exceed 2000.
We have that N~ Binom(3,p), where
Finally
Result:
(a)0.0325
(b)0.9033
Assume that future free cash flow will grow at 4% per year and their cost of capital is 14%, and estimate the fair market value (i.e., the enterprise value) as of year-end 2017. Enterprise value = ?
Estimate the firm’s stock price, if there are 100 shares outstanding. Stock price = ?
Can you please show me how you got to the final answer in Excel?
The fair market value is $25.48. A cash flow statement's goal is to give a thorough account of what occurred to a company's cash over a given time period, sometimes referred to as the accounting period.
What does the term "cash flow" mean in reality?
The term "cash flow" describes the inflow and outflow of money inside a business. Both money received and money spent are used to show inflows. A financial information that displays a business's sources is a key role in the economy.
How does cash flow work? What is it?
Cash flow from operations includes expenditures made as part of daily activities. These financial outflows include, but are not limited to, salaries, the price of goods supplied, rent, and utility costs. Cash outflows throughout business operations might vary greatly.
Briefing:
a) Free cash flow = Net operating profit after taxes (NOPAT) - Net investment in operating capital
= 288 - (Current assets - current liabilities)
= 288 - (300-150)
=288-150=138
Enterprise Value = market value of a common stock or market cap + market value of preferred shares + total debt (including long and short-term debt) + minority interest – total cash and cash equivalents.
= 100+0+250+0-100
=250
b) we can use the Benjamin Graham Formula for calculating the stock price with the given information
Intrinsic Value = Square root of (15 X 1.5 (Earnings per share) X(Book Value per share)), assume $10 as book value per share
= Square root of (15*1.5(288/100)*10)
=Square root of 648
= $25.48
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ch 1 kb. cain supplies paid $3,842 in production costs during a period when it produced 4,000 units. which of the following is the most correct label for the $3,842 amount? group of answer choices period cost opportunity cost variable cost fixed cost sunk cost
The $3,842 figure appears to be an estimate of the production expenses incurred by Cain Supplies for a given time period. Thus, the $3,842 would be an illustration of a variable cost.
What are variable costs?Costs that fluctuate according on the volume of production or activity are known as variable costs. In other words, they are expenses that alter in reaction to variations in the output of goods or services. Raw materials, direct labor, and some overhead costs associated with manufacturing are examples of variable costs.
What exactly are variable and fixed costs?When a corporation produces more or fewer things, its fixed costs remain constant. This is what is meant by the term "fixed cost." A cost that will vary according to changes in production levels is referred to as a variable cost.
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Data for the United States show that poverty is not evenly distributed across groups in the population. Which of the following groups has the LOWEST poverty rate? O married couplesO single fathersO single mothersO children
Married couples generally have the lowest poverty rate among the groups you listed. Option A
What is the poverty ratio?Generally, When compared to the other demographics you highlighted, the poverty rate is often the lowest for married couples.
The poverty rate for married couples in the United States was 6.5% in 2019, according to statistics from the United States Census Bureau. However, the poverty rate for single dads, single moms, and children was much higher at 17.8%, 28.8%, and 18.0%, respectively.
It is essential to keep in mind that the numbers shown here are averages and may not always represent the particular experiences of everyone who belongs to these groups.
There are a lot of different things that might play a role in someone falling into poverty, such as their level of education, their work position, their race, and their access to resources and support systems.
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The Family and Medical Leave Act of 1993 requires organizations with 50 or more employees within a 75-mile radius to provide as much as 12 weeks of unpaid leave to qualifying employees.
It is true that employee benefits for domestic partners enjoy the same tax benefits as those for spouses.
What does the term "employee" mean?A person who now is charged to work for another person or business is an employee. Employees need only be compensated for their work by an employer; they are not required to work full-time in to be eligible.
What kind of employee is most typical?Employers may choose to employ one or more types of employees from among the several employee classes. The following are the most typical staff classifications: that employee benefits for domestic partners enjoy the same tax benefits as those for spouses. part-time workers full-time workers.
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Which of the following factors of production encompasses the physical, intellectual, and creative contributions of people working within an economy?
The physical, intellectual, and creative labour that people contribute to an economy's production is referred to as labour.
The basic factor of production, labour, includes the mental, physical, and creative labour that people provide to an economy.
The human effort required to produce goods and services is known as labour, and it is a key driver of economic expansion. There are many different types of labour, including manual labour, skilled labour, and intellectual labour. The people are what drive the economy. Their physical prowess, intellect, and creativity are crucial to the creation of goods and services, and consequently to a nation's economic development.
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The demand for labor resource will increase, meaning the demand curve will shift rightward when:
Firms prefer hiring workers with higher productivities. Therefore, an increase in workers' productivity will increase the demand for labor and the demand curve for labor will shift to the right.
What is demand curve?A demand curve in economics is a graph that shows the relationship between the cost of a certain good (y-axis) and the amount of that good that is desired at that cost (the x-axis). Demand curves can be used to both the price-quantity connection for a single consumer (a single demand curve) and for all consumers in a given market (a market demand curve).
Demand curves are typically thought to slope downward, as the following graphic demonstrates. This is due to the law of demand, which states that when prices increase for most things, demand decreases. Certain peculiar circumstances do not adhere to this rule. Veblen goods, Giffen goods, and speculative bubbles are a few examples of this type of phenomenon. Buyers are drawn to an item if its price increases.
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If the marginal tax rate is 20%, by how much must income have increased if your tax bill increases by $300A. $300B. $1,500C. Cannot be determinedD. $1,000
The correct answer is D. $1,000. This is because when the marginal tax rate is 20%, it means that 20% of your income is paid in taxes. So, if your tax bill increases by $300, that means your income must have increased by a total of $1,000 (20% of $1,000 is $200).
In other words, if your tax bill increases by $300, then your income must have increased by $1,000 for the marginal tax rate of 20% to remain the same. The marginal tax rate is the rate at which your income is taxed. If your income increases, then the rate of taxation also increases.
To summarize, when the marginal tax rate is 20%, an increase in your tax bill of $300 would mean that your income must have increased by a total of $1,000. This is because 20% of $1,000 is $200, which is equal to the amount of the tax increase.
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New lease accounting guidance will require companies to report a liability for operating leases at present value as well as for capital leases (now called finance leases). If Target had used the new lease accounting guidance in its fiscal 2017 financial statements, what would be the amount reported as a liability for operating leases? Hint: Assume the payments "after 2022" are to be paid evenly over a 16 years period and all payments are at the end of years indicated. Target indicates elsewhere in its financial statements that 6% is an appropriate discount rate for its leases. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVD of $1 an PVAD of $1) (Use appropriate factor(s) from the tables provided. Enter your answers in millions (i.e.,10,00,000 should be entered as 10). Round your answer to the nearest whole number.)
According to ASC 842-10-15-3, a contract is considered to be a lease if it grants the right to manage the use of specified real estate, machinery, or equipment (also known as an identifiable asset) for a specific length of time in exchange for money or other benefits.
Which new accounting standards apply to leases?The new lease standard requires that all leases be recorded as an asset and an offset liability for future lease payments. One way to tell if you have a lease as opposed to another type of contract is whether you have the right to control or use an asset, sometimes referred to as the right-of-use, or ROU Asset.
What details are disclosed in the lessee's financial statements for operating leases?When a lease is operational, the lessee will include a lease expense on its income statement for the period that it uses the asset. Nothing will be listed as an asset or liability on the balance sheet.
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assume you end up producing 2,000 units, but you only originally budgeted to produce 1,900.t/f: when creating a flexible budget, your fixed and variable costs will both increase from your original budget.
False. When creating a flexible budget, only the variable costs will increase from the original budget. Fixed costs will remain constant regardless of the number of units produced.
An adaptable budget evolves to reflect shifts in actual revenue levels. Once an accounting period is over, actual revenues or other activity metrics are placed into the flexible budget, which then creates a budget that is tailored to the inputs.
For example : The $10 million revenue budget for ABC Company is offset by a $4 million cost of goods sold. $3 million of the $4 million budgeted cost of goods sold is directly correlated with revenue, while $1 million is fixed. As a result, 30% of revenues represent the variable element of the cost of goods sold.
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TRUE OR FALSE : Because of their easy-to-understand visual format, tracking Gantt charts are the most favored, used, and understandable option for reporting project status.
True: Gantt charts are the most popular, widely utilized, and easily understood method for reporting project status due to their clear visual structure.
One of the most common and effective methods of displaying activities (tasks or events) displayed against time is a Gantt chart, which is frequently used in project management.
A list of the activities is located on the chart's left side, and a suitable time scale is located along the top.
A bar is used to symbolise each activity, and the position and length of the bar correspond to the activity's beginning, middle, and finish dates. This enables you to quickly see.
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