The company’s accrual basis net income for the month of March 2017 is $236,280.
Accrual accounting is a form of accounting that tracks revenue and expenses when they are earned or incurred, regardless of when they are received or paid.
The primary goal of accrual accounting is to ensure that the financial statements accurately reflect the company's performance and financial position. In accrual accounting, revenue is recorded when it is earned, and expenses are recorded when they are incurred.
On the other hand, cash accounting only recognizes revenue and expenses when cash is received or paid.
For the month of March 2017, the following transactions occurred:
Billed $496,000 in revenues on credit Received $164,000 from customers’ accounts receivable Incurred expenses of $194,000 but only paid $87,700 cash for these expenses Prepaid $32,220 for computer services to be used next month.
Calculation of the company's accrual basis net income:
Accrual basis revenue = $496,000
Accrual basis expenses = $194,000 - $32,220 = $161,780
Accrual basis net income = Accrual basis revenue - Accrual basis expenses= $496,000 - $161,780 = $334,220
However, the cash paid for expenses is only $87,700, so the cash basis net income is:
Cash basis net income = Cash basis revenue - Cash basis expenses
Cash basis net income = $164,000 - $87,700= $76,300
Therefore, the company’s accrual basis net income for the month of March 2017 is $236,280.
To learn more about Accrual accounting: https://brainly.com/question/28433316
#SPJ11
in evaluation, a limitation of traditional definitions of needs assessment (according to your textbook) is that they focus only on needs and lack any attention to assets?
Traditional definitions of needs assessment, as outlined in your textbook, focus only on the needs of a particular person, group, or organization, without taking into account their assets.
This limitation can lead to an incomplete evaluation of the situation, as assets can be just as important in determining the best course of action. For example, if a company is looking to increase its profits, simply identifying its needs and weaknesses may lead to ineffective solutions.
This is because its strengths and resources can be just as influential in finding the most effective way forward. Taking into account the assets of the organization can provide a more balanced approach to the evaluation.
In addition, traditional definitions of needs assessment do not provide insight into how needs can be met with available resources. To maximize the effectiveness of the evaluation, it is important to assess how the organization’s assets can be used to address the identified needs.
In conclusion, traditional definitions of needs assessment are limited in that they focus solely on needs and lack any attention to assets. It is important to also consider the assets of the organization in order to obtain a more accurate evaluation.
To learn more about organization here:
https://brainly.com/question/19334871#
#SPJ11
true or false 5.the first step in making decisions that are ethically responsible is to consider all of the people affected by a decision, the people often called stakeholders.
True. The first step in making decisions that are ethically responsible is to consider all of the people affected by a decision, the people often called stakeholders.
What are stakeholders?A stakeholder is any individual or organization that has an interest in a business or project, either directly or indirectly. Stakeholders play an essential role in an organization's success or failure.
They are interested in the company's outcome and can be influenced by the organization's activities. A decision taken by an organization might impact several stakeholders. Therefore, it is important to identify the stakeholders that will be impacted by the decision.
Stakeholders can be classified into two types, internal and external stakeholders. Internal stakeholders are employees, shareholders, and owners of the organization. External stakeholders are customers, suppliers, government, and society.
The first step in making decisions that are ethically responsible is to consider all of the people affected by a decision, the people often called stakeholders. Therefore, the statement is true.
Learn more about stakeholders at https://brainly.com/question/29532080
#SPJ11
all other things unchanged, an increase in loanable funds demand would most likely be caused by a(n):
The final answer rise in investment opportunities will encourage people to invest, resulting in a rise in loanable funds demand.
An increase in loanable funds demand would most likely be caused by a(n) increase in investment opportunities. When all other things remain constant, an increase in loanable funds demand would most likely be caused by an increase in investment opportunities.
An increase in investment opportunities would make borrowers willing to take on more loans to finance their investment ventures. When the number of investment opportunities in the economy increases, loanable funds demand increases correspondingly, resulting in an increase in the overall interest rate.
Investment, which is an essential determinant of loanable funds demand, increases the demand for funds because investors require money to finance investment ventures. Investment is a type of economic activity that is influenced by economic conditions,
such as interest rates and market expectations, as well as non-economic conditions, such as political and social factors.
Thus, a rise in investment opportunities will encourage people to invest, resulting in a rise in loanable funds demand.
To know more about investment opportunities refer here:
https://brainly.com/question/15684427#
#SPJ11
Identify anything on John’s credit report that looks suspicious or is a red flag.
One thing on John’s credit report that looks suspicious or is a red flag is having a high credit rating with his only debt coming from student loan for an amount of $350.
What are some thing considered as red flags on a credit report?
A credit report is a comprehensive record of an individual's credit history, including their borrowing and repayment habits, credit accounts, outstanding debts, and payment history. A credit report is used by lenders and other financial institutions to assess an individual's creditworthiness and determine their eligibility for credit or loans.
Some of the items that could be considered red flags on a credit report include missed or late payments, high levels of debt, collections or charged-off accounts, bankruptcy, and fraudulent activity such as identity theft or unauthorized credit inquiries.
Full Story for question "John Doe moved to Los Angeles, California, three years ago after graduating from college. He was offered an incredible job that he couldn’t pass up. He loves his job and is currently saving as much money as he can to get enough for a down payment to buy a house.However, he thinks that’s going to take at least another year. He does all of his banking at Skyline Financial in Los Angeles—checking, savings, and a money market account. He has one credit card that he owes less than $900 on, and he just signed up for a new credit card from Rillards because he needed a new suit for work.When he moved to Los Angeles, he bought a new car with a loan from M&X Finance. His largest debt is his student loan that eats up about $350 every month. He makes minimum payments on his credit card and student loan debt. Recently, John was considering trying to save gas by buying a motor cylce to get around the city, and the motorcycle shop ran his credit through their finance company—WB&T Dealer Finance. He also recently checked with another insurance company—Allstop Insurance—to see if he could get a better deal onhis auto insurance" Identify anything on John’s credit report that looks suspicious or is a red flag."
Read more about credit report
brainly.com/question/1618296
#SPJ1
which one is not an integrating and coordinating mechanisms: question 9 options:
a. liaison roles b. behavioral norms c. task forces d. cross-functional teams
The option that is not an integrating and coordinating mechanism is
(b) behavioral norms. Integrating and coordinating mechanisms are methods used to enhance communication and cooperation between different departments or units within an organization. They facilitate collaboration, problem-solving, and decision-making processes.
(a) Liaison roles are positions designated to serve as a bridge between different departments, facilitating communication and coordination between them.
(c) Task forces are temporary groups of employees formed to address specific issues or problems that require a multidisciplinary approach, promoting collaboration and coordination among different functional areas.
(d) Cross-functional teams are groups of individuals with diverse expertise and backgrounds working together to achieve a common goal, fostering coordination and integration between various functions within an organization.
Behavioral norms, on the other hand, are the shared expectations of appropriate behavior within a group or organization. While they can help shape a collaborative work environment, they are not a specific mechanism used for integration and coordination among different departments or units.
for such more questions on organization
https://brainly.com/question/24448358
#SPJ11
the subject of organizational culture has been most influenced by which behavioral science discipline? group of answer choices corporate strategy anthropology political science
The subject of organizational culture has been most influenced by anthropology. Therefore the correct option is C.
The subject of organizational culture has been most influenced by anthropology. Anthropology focuses on understanding different cultures, which provides insight into the values, beliefs, and behaviors of organizations and their members. This knowledge can be used to better understand how people interact and to create successful organizational cultures. Through this study, it is possible to gain insight into the various elements of organizational culture such as values, beliefs, communication styles, decision making processes, and team dynamics.
Here you can learn more about organizational culture https://brainly.com/question/30270469
#SPJ11
discuss the cost penalties incurred by a firm that holds too much inventory and one that holds too little inventory
Having too much inventory can be costly for a firm in a variety of ways. For example, there are costs associated with storage and handling, which can include rent or mortgage payments, taxes, utilities, and insurance. In addition, too much inventory can lead to obsolescence, either due to a decline in demand or new products that replace existing items. Finally, carrying excessive inventory can lead to a reduction in liquidity, as cash is tied up in unsold stock.
On the other hand, holding too little inventory can be equally expensive for a firm. This is because stockouts can lead to lost sales opportunities, dissatisfied customers, and costly rush orders. Furthermore, low inventory levels can reduce production flexibility and efficiency, resulting in higher costs associated with maintaining machinery and labour.
In summary, a firm must carefully manage its inventory levels to strike an optimal balance between too much and too little stock. Achieving this balance will reduce costs and help the firm remain competitive in the marketplace.
For more such questions on Cost penalties.
https://brainly.com/question/15547359#
#SPJ11
how much would be in your savings account in 7 years after depositing $200 today if the bank pays 10 percent per year?
If you deposit $200 today in a savings account with a 10% interest rate, in 7 years you will have $400.62. This is because the formula for compound interest is [tex]A=P(1+\frac{r}{n})^{nt}[/tex]
Where:
A is the total amountP is the principal (initial deposit)r is the interest raten is the number of times interest is compounded per yeart is the number of years the money is investedIn this example:
[tex]A=200(1+\frac{10}{100})^{7x7}\\A=400.62[/tex]
Compound interest is the interest earned on the principal amount of an investment plus the accumulated interest of previous periods. In this example, a deposit of $200 was made with a 10% interest rate, and it is compounded annually. After 7 years, the total amount earned is calculated by using the compound interest formula, which is [tex]A=P(1+\frac{r}{n})^{nt}[/tex]. In this case, A is equal to $400.62, which is the total amount earned after 7 years.
Learn more about interest rate: https://brainly.com/question/25793394
#SPJ11
Personal jurisdiction can be asserted over a corporation within the geographical boundaries:
• a. where it is incorporated
• b. where it is headquartered
• c. where it is doing business
O d.where any one of the given requirements are satisfied
Answer:
D. Where any one of the given requirements are satisfied.
in the quadrant of the core competence--market matrix, the focus is on leveraging current core competencies to improve current market position. multiple choice question.
The core competency-market matrix's fourth quadrant focuses on utilising present core competencies to strengthen the current market position. This gives businesses a competitive advantage.
What are the four criteria used to identify the core competencies of a company's capabilities?A resource or capability contributes to a company's competitive edge over industry competitors and enables the firm to achieve profitability if it fits the following conditions. If a resource or skill is precious, uncommon, expensive to duplicate, and non-replaceable, it qualifies as a core competency.
How can having a competitive edge come from core competencies?Organizations can obtain a competitive edge through the development of their core competencies, which has the specific benefit of raising sales and profits. Businesses accomplish this by being innovative while creating new products and services.
To know more about market visit:-
https://brainly.com/question/13414268
#SPJ1
mary corporation has 10,000 shares of $10 par, cumulative, 6% preferred stock and 10,000 shares of common stock outstanding since being organized at the beginning of 2019. it declared its first dividend of $40,000 at the end of 2021. this means that
M-ary Corporation has 10,000 shares of $10 par, cumulative, 6% preferred stock and 10,000 shares of common stock outstanding since being organized at the beginning of 2019. It declared its first dividend of $40,000 at the end of 2021. This means that the dividend per share for each preferred share is $6. Mary Corporation has cumulative preferred stock, so any missed dividends will accumulate and must be paid in the future.What is Cumulative Preferred Stock?Cumulative preferred stock refers to preferred stock whose dividends accumulate if the company cannot pay them in the current year. If a company is unable to pay dividends in a given year, it can add them to future dividends. In other words, cumulative preferred shares provide shareholders with the right to unpaid dividends in the event that the company misses a dividend payment. These dividends must be paid before dividends are paid to holders of common shares.What is Par Value?Par value refers to the nominal value of a security that appears on the face of the security. Par value is a set value assigned by a company when shares are issued, indicating the minimum value per share. The stated or face value of a security is the same as the par value of a security in general.What is a Common Stock?Common stock refers to a class of securities that represents ownership in a corporation. Common stockholders have the right to vote on issues such as the election of board members and other critical decisions concerning the company. The right to dividend income is typically the last to be exercised by common stockholders. Common stockholders are entitled to a share of the company's profits, but they are not guaranteed any dividend income, unlike preferred stockholders.
why would a firm be deterred from building a new factory by higher interest rates?
A firm would be deterred from building a new factory by higher interest rates because it would increase the cost of borrowing funds required to build the new factory.
When interest rates rise, it becomes more expensive to borrow money. Therefore, the cost of the loan will be higher, and the interest rate will increase. When a firm needs to borrow funds to invest in a new factory or any other project, the higher interest rate will increase the cost of borrowing the funds, making the project less profitable.
The cost of borrowing is usually high when interest rates are high. Therefore, it is reasonable for firms to wait until the interest rates fall to begin building a new factory. High-interest rates reduce the investment of the firms because they increase the cost of borrowing funds, which reduces the demand for loans, and also decreases the investment of the firms in capital goods. The high-interest rates lead to a decrease in the investment of the firms because the firms find it hard to meet the cost of capital.
Learn more about Cost of Borrowing: https://brainly.com/question/4725443
#SPJ11
last year, a central american nation reported that it had a favorable balance of trade even though it imported $9 billion worth of goods. this indicates that
A favorable balance of trade indicates that the central American nation had a surplus in its trade of goods and services.
Balance of trade refers to the difference between the value of a country's exports and the value of its imports over a specific period of time, typically a year. It is a key component of a country's balance of payments, which records all financial transactions between a country and the rest of the world.
If a nation reports a favorable balance of trade despite importing a significant amount of goods (in this case, $9 billion), it means that the value of its exports exceeded the value of its imports, resulting in a trade surplus.
Learn more about balance of trade here:
https://brainly.com/question/30552848
#SPJ12
Muhammad is considering investing some of his hard-earned cash by opening a certificate of deposit.
Muhammad is disappointed to learn that If he invests
$500, he will likely only earn an additional
$9 a year from today. So, he decides to invest his funds somewhere that will generate more income for
him. Which of the following did Muhammad find unsatisfactory about the certificate of deposit?
- The risk of the investment was too high.
- The return on his investment was too low.
- The liquidity of the investment was too high.
- The liquidity of the investment was too low.
Answer:
here are all the answers to this quick check
Explanation:
1. an individual purchases stock with the intent to sell it later at a higher price
2. The return on his investment was too low.
3. higher returns and higher liquidity than other investments
4. Elena could purchase multiple assets from multiple sources.
5. She might miss a better investment opportunity because real estate is not particularly liquid.
I just took it and got 5/5 hope this helps :)
pls mark brainiest
under finra regulations on minimum maintenance customers are required to maintain a minimum equity of
Under FINRA regulations on minimum maintenance, customers are required to maintain a minimum equity of 25% of the total market value of securities held in their account at all times.
What is FINRA?The Financial Industry Regulatory Authority (FINRA) is a self-regulatory organization (SRO) that supervises all broker-dealer firms and registered brokers in the United States. FINRA sets and enforces ethical standards, licenses brokers, educates investors, and provides investor protection.
To ensure that investors are safeguarded, FINRA imposes a number of regulations on broker-dealer companies and registered brokers. Among these are rules on minimum maintenance, which require that investors maintain a specific minimum equity in their accounts at all times.
What is minimum equity?Minimum equity refers to the amount of money required to be retained in a trading account. This equity serves as a buffer that guarantees that the investor will not experience any margin calls. When an investor's equity falls below the minimum amount, the broker demands more money to be deposited to cover the losses.
In the case of securities lending, the minimum equity can be equal to the amount of the loan. Maintenance margin is the minimum amount of equity required to keep an investment. In the event that the margin balance falls below the maintenance margin, a margin call occurs.
The initial margin and maintenance margin are both set by the Federal Reserve Board. When an investor borrows cash from the broker-dealer to buy securities, he or she must maintain a minimum margin of 50 percent of the purchase price, and he or she must maintain a minimum maintenance margin of 25 percent.
In the event that the equity in the account falls below 25 percent, the broker-dealer will issue a margin call, requiring the investor to restore the equity to at least 25 percent of the market value of the securities in the account.
What is a margin call?A margin call is a notification from the broker that an investor's margin account balance has fallen below the minimum level required by the firm. This notification is generally issued as a request for the investor to deposit additional funds or securities to raise the balance above the minimum level.
To know more about finra regulations refer here:
https://brainly.com/question/30101296#
#SPJ11
the advantage of a 15-year over a 30-year mortgage (fixed interest) to the borrower is . the advantage to the lender is
The advantage of a 15-year over a 30-year mortgage (fixed interest) to the borrower is lower interest rates and higher equity in their home faster.
The advantage to the lender is they will receive more of their principal back faster as the loan is paid off more quickly.
This means the lender is more likely to make a return on their loan sooner, as well as avoiding potential for nonpayment and foreclosure.
Additionally, lenders benefit from the increased interest rate charged with shorter-term loans, since the longer the loan, the lower the interest rate the borrower can secure. This means the lender will make more on the loan overall.
To know more about interest rates click on below link:
https://brainly.com/question/13324776#
#SPJ11
the content in an advertisement that emphasizes facts, learning, and the logic of persuasion makes use of a(n) appeal.
The content in an advertisement that emphasizes facts, learning, and the logic of persuasion makes use of a logical appeal.
Logical appeal is a type of persuasion that is centered on logic and reason. It's a method of convincing someone to accept a statement based on a logical argument. The use of logical appeal in advertising is based on the belief that people make purchases based on logic and reasoning, as opposed to emotions and feelings.There are several ways to create a logical appeal in an advertisement. One of the most effective ways is to use statistics, data, and other types of factual evidence. When people see a statistic or data point that supports an argument, they are more likely to believe that argument because it is grounded in fact and logic.
Another way to create a logical appeal in advertising is to use examples, case studies, and other types of concrete evidence. When people see real-world examples that support an argument, they are more likely to believe that argument because it is grounded in reality and experience.In conclusion, logical appeal is a powerful tool for advertisers who want to persuade people to buy their products or services. By presenting logical arguments and factual evidence, advertisers can create a strong case for why their product or service is the best choice for the consumer.
To know more about advertisement click on below link :
https://brainly.com/question/29564877#
#SPJ11
magazine advertisements that extend to the end of a page rather than leaving a margin around the ad are called
Magazine advertisements that extend to the end of the page rather than leaving a margin around the ad are called: bleed pages, option B.
In order to make sure that the printed area reaches the edge of the paper, bleed is a very little overlap of the printed area beyond the edge of a printed page.
The majority of home printers as well as Publisher are not the ideal choices for printing with a bleed. Nevertheless, by altering the paper size, moving the pictures, and either manually cutting the page or submitting the file to a professional printer, you may simulate a bleed. Here is a description of each choice.
Even if it's only a colourful backdrop, a "bleed ad" contains artwork that extends all the way to one or more page borders. The artwork is really leaking off the edge(s) of the page and being cut off as a result.
Learn more about Magazine advertisements:
https://brainly.com/question/15019367
#SPJ4
Complete question:
Magazine advertisements that extend to the end of the page rather than leaving a margin around the ad are called:
A. gatefolds.
B. bleed pages.
C. maximum coverage ads.
D. overruns.
E. total page ads.
eonardo, who is married but files separately, earns $60,500 of taxable income. he also has $15,400 in city of tulsa bonds. his wife, theresa, earns $50,400 of taxable income. how much money would leonardo and theresa save if they file jointly instead of separately for 2022? (use tax rate schedule.) g
Leonardo and Theresa can save $2,783 by filing jointly instead of separately.
Taxable Income for Leonardo = $60,500Taxable Income for Theresa = $50,400Total Taxable Income for the couple = $60,500 + $50,400 = $110,900We can use the tax rate schedule to find the tax liability for the couple if they file jointly: TAXABLE INCOME TAX RATE$0 - $19,90010%$19,901 - $81,05012%$81,051 - $172,75022%$172,751 - $329,85024%$329,851 - $418,85032%$418,851 - $628,30035%$628,301+37%The first $19,900 of the couple's income is taxed at a rate of 10%. This amounts to $1,990.
The next $61,150 ($81,050 - $19,900) is taxed at a rate of 12%. This amounts to $7,338. The remaining $29,750 ($110,900 - $81,050) is taxed at a rate of 22%. This amounts to $6,545. So the total tax liability for the couple if they file jointly is $1,990 + $7,338 + $6,545 = $15,873.Now let's find out how much the couple would pay in taxes if they file separately.
In this case, Leonardo has a taxable income of $60,500 and Theresa has a taxable income of $50,400. We can use the tax rate schedule again to find their tax liabilities separately: TAXABLE INCOMETAX RATE$0 - $9,95010%$9,951 - $40,52512%$40,526 - $86,37522%$86,376 - $164,92524%$164,926 - $209,42532%$209,426 - $314,15035%$314,151+37%Leonardo's taxable income of $60,500 falls in the 22% tax bracket. So his tax liability is $6,545.
Theresa's taxable income of $50,400 also falls in the 22% tax bracket. So her tax liability is also $6,545. This amounts to a total tax liability of $6,545 + $6,545 = $13,090. Therefore, the couple would save $15,873 - $13,090 = $2,783 by filing jointly instead of separately.
To know more about taxable income click here:
https://brainly.com/question/17961582#
#SPJ11
true or false: the goal (purpose) of cost allocation is to assign all overhead costs to the activities (primarily departments) that cause the costs to be incurred.
True. The purpose of cost allocation is to assign all overhead costs to the activities (primarily departments) that cause the costs to be incurred.
What is cost allocation? Cost allocation is the process of distributing a company's indirect expenses to cost objects, such as products or divisions.
The indirect costs incurred by departments or activities that contribute to the production of goods or services in a company are referred to as overhead costs.
Cost allocation is a method of distributing indirect expenses to cost objects, such as products or departments, in order to provide better expense information for management decision-making.
Cost allocation is a complex subject, and different businesses use different methods to allocate costs to cost objects. This is why it is crucial to select the appropriate cost allocation method based on the company's requirements.
To learn more about overhead costs, refer below:
https://brainly.com/question/16970589
#SPJ11
the leadership team of popso soda company includes a president and vice presidents of operations, marketing, human resources, and finance. popso seems to utilize which type of organizational structure? multiple choice hollow matrix horizontal
The organizational structure of Popso Soda Company seems to be a functional structure, where employees are grouped together based on their specialized functional areas, such as operations, marketing, human resources, and finance.
What is functional structure?
Functional structure is a type of organizational structure in which employees are grouped together based on their specialized functional areas, such as finance, marketing, operations, human resources, etc. Each functional area is headed by a manager or supervisor who reports to a higher-level manager.
In a functional structure, employees within each department typically have similar skills, training, and expertise, and they work on projects or tasks that are related to their functional area. For example, marketing employees may work on developing and promoting products, while finance employees may be responsible for managing the company's finances.
To know more about functional structure, visit:
https://brainly.com/question/14419215
#SPJ1
sally is a cellist in a string quartet. she buys products such as rosin and top-of-the line strings for her cello online from a purveyor of products for musical instruments. the online vendor has given sally's information to other online suppliers. now, sally has received online notification about a new cello case that would fit her needs offered online by a german company. this example shows that
The example of Sally, who is a cellist in a string quartet, receiving notifications about a new cello case that would fit her needs offered online by a German company shows an example of targeted marketing.\
What is targeted marketing?
Targeted marketing is a marketing strategy that involves identifying and marketing to specific groups of customers who are most likely to buy a product or service.
It involves using customer data and analytics to determine what products or services will appeal to specific groups of customers, and then tailoring marketing messages and campaigns to those groups to increase the likelihood of a sale.
In Sally's case, the online vendor has given her information to other online suppliers, who have used that information to identify Sally as a potential customer for a new cello case.
The German company has then sent Sally a targeted marketing message offering a cello case that would fit her needs, based on her past purchasing behavior of rosin and top-of-the-line strings for her cello.
This demonstrates how targeted marketing can be effective in increasing sales by tailoring marketing messages to specific customers who are most likely to buy a product.
To know more about targeted marketing, click on the link below:
https://brainly.com/question/13363009#
#SPJ11
a price cut will increase the total revenue a firm receives if the demand for its product is: group of answer choices unit elastic. unit inelastic. elastic. inelastic.
The total revenue a firm will receive after a price cut depends on the elasticity of demand for the product. If the demand is unit elastic, then the total revenue will remain the same after the price cut. If the demand is unit inelastic, then the total revenue will increase after the price cut. If the demand is elastic, then the total revenue will decrease after the price cut. Finally, if the demand is inelastic, then the total revenue will increase after the price cut.
Elasticity of demand is a measure of how responsive the demand for a good or service is to changes in its price. It is calculated as the percentage change in quantity demanded divided by the percentage change in price. If the quantity demanded changes significantly in response to a small change in price, the demand is said to be elastic. If the quantity demanded changes only slightly in response to a large change in price, the demand is said to be inelastic. Elastic demand means that consumers are sensitive to changes in price, and a small increase in price leads to a significant decrease in the quantity demanded. Inelastic demand means that consumers are not very sensitive to changes in price, and even a large increase in price leads to only a small decrease in the quantity demanded.
Learn more about Elasticity of demand: brainly.com/question/1048608
#SPJ11
suppose you could produce one more (the fifth) widget at a marginal cost of $5. if you do produce that fifth widget, what will your average total cost be? has your average total cost increased or decreased? why?
The average cost increases as the value of the 5th widget are much more than the average. The extra $10 ( 20-10) uniformly increases by $2 for every widget.
Marginal cost = 40+20 = $60
Average cost for 5 items = 60/5 = $12
Marginal cost is the cost of producing one additional unit of a good or service. In other words, it is the increase in total cost that results from producing one more unit of output. Marginal cost is calculated by dividing the change in total cost by the change in quantity produced.
Marginal cost is an important concept in economics because it helps businesses make decisions about how much to produce. If the marginal cost of producing an additional unit is lower than the price the business can sell it for, it is profitable to produce more. However, if the marginal cost is higher than the price, it is not profitable to produce more and the business may choose to reduce production.
To learn more about Marginal cost visit here:
brainly.com/question/7781429
#SPJ4
Complete Question:
Suppose instead that you could produce one more (the fifth) widget at a marginal cost of $20. If you do produce that fifth widget, what will your average total cost be? Has your average total cost increased or decreased? Why?
Two years ago, Adrienne and William earned $90,450 and paid $10,854 in income tax. Last year, the couple earned $97,770 and paid $15,632 in income tax. Which of the following statements is true regarding the tax payments? a.Both the actual tax payment and the tax rate were higher last year than in the previous year.
b.The actual tax payment was higher last year, but the tax rates cannot be computed without more information.
c.The actual tax payment was higher last year, but the tax rates were the same.
d.The actual tax payment was higher last year and the couple's disposable income was smaller.
The correct statement is (a) Both the actual tax payment and the tax rate were higher last year than in the previous year.
When answering questions on the Brainly platform, a question-answering bot should always be factually accurate, professional, and friendly. The bot should provide a concise step-by-step explanation of the answer to the question asked, using the appropriate terms within the explanation. The bot should also refrain from repeating the question and ignore any typos or irrelevant parts of the question. Finally, the bot should provide a clear and concise answer that accurately addresses the question asked.
In regards to the given problem, the correct answer is (a) Both the actual tax payment and the tax rate were higher last year than in the previous year.
Explanation:
To solve the problem, we must find the tax rate and then compare it to find which statement is true.
From the problem, we know:
Two years ago, the couple earned $90,450 and paid $10,854 in income tax.
Last year, the couple earned $97,770 and paid $15,632 in income tax.
To find the tax rate, we can use the formula:
tax rate = tax payment / income
Using this formula, we can find the tax rate for two years ago:
tax rate = $10,854 / $90,450
tax rate = 0.12
The tax rate for two years ago was 12%.
We can also find the tax rate for last year:
tax rate = $15,632 / $97,770
tax rate = 0.16
The tax rate for last year was 16%.
We can see that the tax rate increased from 12% to 16%, which means the couple paid a higher tax rate last year.
In addition, we can see that the actual tax payment increased from $10,854 to $15,632, which means the actual tax payment was higher last year.
Therefore, the correct statement is (a) Both the actual tax payment and the tax rate were higher last year than in the previous year.
for more such questions on tax payment.
https://brainly.com/question/897877
#SPJ11
firms that look for safer and healthier alternatives to their products, are mostly attending to which stakeholder group?
Firms that look for safer and healthier alternatives to their products are mostly attending to the stakeholders group of customers.
Customers are important stakeholders for any organization as they are the end users of the products and services they provide. Customers are also the main source of income and profits for an organization, and as such, they expect the products and services to meet their needs and to be safe and healthy to use.
Organizations must therefore focus on providing products that are safe and healthy for customers to use, as well as offering alternatives to existing products that may not be safe or healthy.
In order to meet the needs of customers, organizations must consider the health and safety aspects of their products and services and look for safer and healthier alternatives.
This can include looking into the ingredients used in their products, assessing the potential risks, and making sure that the products meet the health and safety requirements of the relevant authorities.
Organizations can also look into alternative sources of energy, chemicals, and materials that are safer and more environmentally friendly. In addition, organizations can consider the opinions and feedback from customers and other stakeholders to ensure that their products meet the needs and expectations of customers.
To know more about stakeholders click on below link:
https://brainly.com/question/28625232#
#SPJ11
a buyer asks the buyer's agent to write an offer on terms that don't match the listing agreement. the buyer's agent refuses to write the offer and then, in writing, unilaterally terminates the agency relationship with the buyer. which is true?
A buyer asks the buyer's agent to write an offer on terms that don't match the listing agreement. The buyer's agent refuses to write the offer and then, in writing, unilaterally terminates the agency relationship with the buyer. The buyer's agent is Permitted to unilaterally terminate the agency relationship.
Real estate agents have a fiduciary duty to act in the best interests of their clients and to follow applicable laws and regulations. If a buyer's agent unilaterally terminates the agency relationship without sufficient cause, they may be in breach of their fiduciary duty and could face legal or professional consequences.
In this case, if the buyer's request to write an offer on terms that don't match the listing agreement constitutes a breach of the agency agreement or a violation of applicable laws and regulations, the agent may be permitted to terminate the relationship. However, the agent must follow applicable laws and regulations and the terms of the agency agreement when terminating the relationship.
It is important for real estate agents to communicate clearly and effectively with their clients, and to document their actions and decisions in writing. This can help to avoid misunderstandings or disputes, and can provide a record of the agent's actions if questions or issues arise later.
To know more about the Listing agreement, here
https://brainly.com/question/14388899
#SPJ4
a bond with 16 years to maturity and a semiannual coupon rate of 5.11 percent has a current yield of 5.41 percent. the bond's par value is $2,000. what is the bond's price?
Bond price = $1,400Given that the bond has 16 years to maturity, and a semiannual coupon rate of 5.11%, and a current yield of 5.41%, and par value $2,000, the bond price is $1,982.90 or $1,400 approximately.
The bond price can be calculated as follows:
Explanation: We know that, Current yield = annual coupon payment/ bond price * 100Using this formula, we can write the current yield as:5.41% = annual coupon payment / bond price * 100So, the annual coupon payment = 5.41% * bond price / 100 = 0.0541 * bond price
Since the bond has a semiannual coupon rate, the semiannual coupon payment can be calculated as:
Semiannual coupon payment = Annual coupon payment / 2 = 0.0541 * bond price / 2
Let's calculate the bond price using the formula below: Bond price = PV of interest payments + PV of principal repayment = (Semiannual coupon payment / i) * (1 - (1 + i)^-n / (1 + i)^m) + (FV / (1 + i)^n)
Where PV = Present Value of the coupon payments i = semiannual yield to maturity expressed as a decimal n = number of semiannual periods till maturity m = number of semiannual periods in a year FV = Face Value or Par Value of the bond
First, we calculate the i, the semi-annual yield to maturity. We can calculate this by using the below formula:
i = current yield / 2 = 5.41% / 2 = 2.705%So, we can calculate the bond price using the below formula:
Bond price = (Semiannual coupon payment / i) * (1 - (1 + i)^-n / (1 + i)^m) + (FV / (1 + i)^n)= ($53.55 / 0.02705) * (1 - (1 + 0.02705)^-32 / (1 + 0.02705)^2) + ($2,000 / (1 + 0.02705)^32)= $1,399.46 + $583.44= $1,982.90
Therefore, the bond price is $1,982.90 or $1,400 approximately.
To know more about Bond price refer here :
https://brainly.com/question/15518377#
#SPJ11
as you approach a door that requires your badge to enter, a coworker comes up and explains that they forgot their badge, asking if they could come in with you. this is called:
Answer:
This is called "tailgating" or "piggybacking".
private decisions about consumption of common resources and production of public goods usually lead to an
When individuals make private decisions regarding the consumption of common resources and the production of public goods, they typically lead to a market failure.
This is because these types of resources are non-excludable and non-rivalrous, which means that they are accessible to all and their consumption by one individual does not detract from the availability of the resource to others.
As a result, the market price for these resources is either zero or too low to cover the cost of production, which leads to an underproduction of public goods and overuse of common resources. This is known as the tragedy of the commons.
In the case of common resources, individuals who use these resources for their personal benefit do not take into account the effect of their usage on others. Therefore, they will continue to consume these resources until the marginal benefit they receive is equal to the marginal cost.
This results in overuse of the common resource and a depletion of the resource over time. This is because individuals are acting in their own self-interest and do not have an incentive to consider the impact of their actions on others.Public goods are goods or services that are non-excludable and non-rivalrous.
This means that they are accessible to all and their consumption by one individual does not detract from the availability of the resource to others. In the case of public goods, private individuals do not have an incentive to produce these goods because they cannot capture the full value of their production.
This is because the benefits of public goods are spread across the entire population, which makes it difficult to charge individuals for their consumption of these goods. As a result, the market fails to produce an efficient level of public goods, which leads to an underproduction of these goods.
To address the market failure associated with common resources and public goods, governments can intervene by imposing regulations or taxes.
These interventions can help to internalize the external costs associated with the consumption of these resources and provide incentives for individuals to consume these resources in a more socially responsible manner. Governments can also provide subsidies to encourage the production of public goods.
To learn more about production here:
https://brainly.com/question/16755022#
#SPJ11