Playoff Corporation acquired 80% ownership of Stadium Corporation on January 1, 2010 for $160,000. On that date, the fair value of the noncontrolling interest was $40,000, and Stadium reported retained earnings of $50,000 and had $100,000 of common stock outstanding. Playoff uses the equity method. On the date of acquisition, the fair value of Stadium’s depreciable assets was $50,000 more than book value and those assets had a 10 year remaining life. The pre-closing trial balance data for Playoff and Stadium on December 31, 2014, included the following:Playoff books:Stadium books:Investment in Stadium Co. Stock$188,000Dividends Declared$ 10,000Income from Subsidiary 20,000Common Stock 100,000Retained Earnings 90,000Net Income for the year 30,000Required: a. Provide all the journal entries recorded by Playoff during 2014 related to their investment in Stadium.Investment in Stadium24,000 Income from S24,000Cash8,000 Investment in Stadium8,000Income from S4,000 Investment in Stadium4,000b. Provide all workpaper entries needed to prepare a consolidation workpaper as of December 31, 2014. CAD: FV 200 – BV 150 = Diff 50 – Dep assets 50 / 10 yr life = $5,000Common Stock 100,000Retained Earnings 90,000 Investment in Stadium152,000 Noncontrolling Interest 38,000Buildings and Equipment50,000 Accumulated Depreciation25,000 Investment in Stadium NCI

Answers

Answer 1

Answer:

A. Dr Investment in Stadium $24,000

Cr Income from S $24,000

Dr Cash $8,000

Cr Investment in Stadium $8,000

Dr Income from S $4,000

Cr Investment in Stadium $4,000

B. Dr Common Stock $100,000

Cr Retained Earnings $90,000

Cr Investment in Stadium $152,000

Cr Noncontrolling Interest $38,000

Dr Buildings and Equipment $50,000

Cr Accumulated Depreciation $25,000

Cr Investment in Stadium $20,000

Cr Noncontrolling Interest $5,000

Dr Depreciation expense $5,000

Cr Income from S $4,000

Cr Income to Noncontrolling Interest $1,000

Dr Income from S $24,000

Cr Investment in Stadium $24,000

Dr Investment in Stadium $8,000

Cr Dividend declared $8,000

Dr Income to Noncontrolling Interest $6,000

Cr Noncontrolling Interest $6,000

Dr Noncontrolling Interest $2,000

Cr Dividend declared $2,000

Explanation:

a. Preparation of the journal entries recorded by Playoff during 2014 related to their investment in Stadium

Dr Investment in Stadium $24,000

Cr Income from S $24,000

($30,000*80%)

Dr Cash $8,000

Cr Investment in Stadium $8,000

($10,000*80%)

Dr Income from S $4,000

Cr Investment in Stadium $4,000

[($30,000*80%)-$20,000]

($24,000-$20,000)

b. Computation to Provide all workpaper entries needed to prepare a consolidation workpaper as of December 31, 2014.

CAD: Fair Value ($160,000+$40,000)– Book Value $150,000

=Fair Value $200,000– Book Value $150,000

= $50,000

Depreciation=$50,000 / 10 year life

Depreciation=$5,000

Dr Common Stock $100,000

Cr Retained Earnings $90,000

Cr Investment in Stadium $152,000

($160,000-$8,000)

Cr Noncontrolling Interest $38,000

($100,000+$90,000-$152,000)

Dr Buildings and Equipment $50,000

Cr Accumulated Depreciation $25,000

Cr Investment in Stadium $20,000

Cr Noncontrolling Interest $5,000

($50,000-$25,000-$20,000)

Dr Depreciation expense $5,000

Cr Income from S $4,000

($24,000-$20,000)

Cr Income to Noncontrolling Interest $1,000

($5,000-$4,000)

Dr Income from S $24,000

Cr Investment in Stadium $24,000

($30,000*80%)

Dr Investment in Stadium $8,000

Cr Dividend declared $8,000

($10,000*80%)

Dr Income to Noncontrolling Interest $6,000

($5,000+$1,000)

Cr Noncontrolling Interest $6,000

Dr Noncontrolling Interest $2,000

Cr Dividend declared $2,000

($8,000-$6,000)


Related Questions

travor reprted a $63000 coronavirus related distributio on his 2020form 8915-E and spread their income over 3 years 2020 trough 2022 and he made repayments$21000 in 2020 and in 2021 but only made repayment of $6000 in 2022 how much of the distribution if any would he required to reconize asincome 2022.

Answers

Distributions and repayments connected to the coronavirus will be reported on IRS Form 8915-E, Qualified Disaster Retirement Plan Distributions and Repayments.

What is for 8915-E ?

A CRD is a distribution made from an IRA or employer plan (like a 401(k)) by a qualifying person between January 1, 2020, and December 31, 2020.

Your tax preparer must submit Form 8915-E together with your tax return if you receive a CRD in order to record the CRD and any repayment of the CRD. The IRS Form 1099-R for the CRD will be issued by your IRA custodian or plan trustee. Your IRA will be informed of any CRD repayments via IRS Form 5498.

When receiving a CRD, an eligible individual has three years to ratably incorporate the taxable portion of the distribution in their income.count the entire sum as income in 2020, or a period beginning in 2020.

A taxable year must handle all CRDs that are received uniformly. Either every distribution is counted as income proportionately over three years, or it is counted as income the year it is made.

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If the reserve requirement is 20 percent and a monetary expansion increases reserves in the banking system by $10 million, the total change in the money supply after all rounds of lending are completed is ________.
50 million
40 million
200 million

Answers

If the reserve ratio is 20% and a money creation increases banking system reserves through $10 million, the massive shift in the supply of money after all cycles of bank loans is $50 million.

What exactly do users mean by banking?

Banking is the biz of safeguarding other people's money. Banks can lend this money, earning interest and profit for both the customer and the bank. A bank is a type of financial institution that is permitted to admit deposits and lend money.

Which are the two primary kinds of banking?

Commercial banks, such as Bank of America, fall under the banking and finance umbrella, as do central banks, which are government entities that oversee the industry and handle monetary policy.

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in your leadership role, you have been charged with the duty to analyze the forces for and against change. which of the following involves performing this analysis?

Answers

The Correct answer is C. Force field analysis involves analyzing the forces for and against change.

Pressure field analysis is a primary tool for root reason analysis that allows you to take action once the root cause has been identified. The technique is based totally on the assumption that any situation is the result of forces for and towards the modern-day kingdom being in equilibrium. force discipline analysis has been acknowledged as a powerful device that can be utilized in qualitative research for enabling the systematic analysis of a huge range of factors.

Advantages of the Pressure subject evaluation encompass: It provides a clear evaluation for a choice to be made. It identifies the poor forces that must be eliminated to make certain a successful implementation of the change. it is an honest evaluation and permits all of us to list their Pros and cons.

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Complete Question:

Which of the following involves analyzing the forces for and against change?

A. resistance to change

B. organizational development

C. force field analysis

D. workout technique

the FTC's modified consumer standard

Answers

Federal consumer protection laws are enforced by the FTC to stop fraud, deceit, and unfair commercial practices. Additionally, the Commission upholds federal antitrust rules, which forbid anticompetitive acquisitions and other commercial activities that can result in higher costs, fewer options, or less innovation.

What is a consumer?

An economy includes all activities linked to the production, consumption, and trade of products and services in a given entity, whether it be a nation or a small town. No two economies are the same. Each is unique in terms of resources, culture, laws, history, and geography.

Section 5(a) of the FTC Act, the fundamental law the agency upholds, gives it the authority to look into and stop unfair business practices, unfair or deceptive acts or activities, and unfair methods of competition. As a result, the Agency's two main objectives are established: protecting consumers and the competition.

Therefore, The FTC enforces federal consumer protection laws to prevent fraud.

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A business set up a campaign. During the process, it tested different placements and observed a higher estimated total reach when it selected automatic placements. What caused this result?
a. Automatic placements more efficiently distributed the ad bids.
b. Automatic placements more efficiently adjusted the cost control.
c. Automatic placements more efficiently set up a bid cap.
d. Automatic placements more efficiently allocated the ad set budget.

Answers

Option D) Automatic placements more efficiently allocated the set budget. Automatic placements altered the business cost control more effectively. Automatic placements used the ad set money more effectively.

Advertisement will be shown on placements that are compatible with your parameters to automatic placements. Since our audience targeting is consistent across all business of the available locations, adding new places often aids in locating a larger audience. The default option to provide the best system will be Automatic Placements. Select Manual business Placements, then check the placements you want to include and uncheck the ones you want to avoid, to select your own business.

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the financial statements of friendly fashions include the following selected data (in millions): ($ in millions except share data) 2021 2020 sales $ 8,343 $ 9,434 net income $ 170 $ 648 stockholders' equity $ 1,780 $ 2,220 average shares outstanding (in millions) 710 - dividends per share $ 0.28 - stock price $ 8.00 - required: calculate the following ratios for friendly fashions in 2021. (enter your dividend yield and price-earning ratio values to 2 decimal places. enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).)

Answers

The return on the market value of equity is calculated as follows: $8/710 divided by the average number of shares outstanding (100).

2018 ratio calculations:

1) Net income divided by equity multiplied by 100 is return on equity.

$170/$1,780 multiplied by 100 equals 9% return on equity.

What is equity?

The return on the market value of equity is calculated as follows: $8/710 divided by the average number of shares outstanding (100).

Earnings per share equals net income divided by the typical number of shares outstanding, which is $170/710, or $0.24.

Return on Equity: The return on equity measures an organization's financial performance and assesses how well management uses its resources to generate profits.

Return on equity market value: This gauges the profit yield on the market capitalization of stocks. The intrinsic value of a stock is calculated by dividing the share price by the total number of outstanding shares. The market capitalisation is another name for it.

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cerebrospinal fluid enters the blood circulation at the cerebrospinal fluid enters the blood circulation at the dural drain. superior sagittal sinus. jugular veins. frontal sinus. tentorium cerebelli.

Answers

Cerebrospinal fluid enters the blood circulation at  superior sagittal sinus.

What is cerebrospinal fluid and its functions?

Cerebrospinal fluid is made from the tissue that lines the ventricles (cavities) of the brain. Flows in and around the brain and spinal cord to protect against damage and provide nourishment.

What is cerebrospinal fluid?

Cerebrospinal fluid (CSF) is a clear, colorless, watery fluid that flows in and around the brain and spinal cord. The brain and spinal cord make up the central nervous system. It controls and coordinates everything you do: move, breathe, see, think.

How to increase the flow of CSF?

CSF flow, or brain cleansing, is also associated with the practice of deep breathing: studies have shown a specific increase in her CSF flow during inspiration (inhalation), and an even greater increase during forced inspiration. This study supports the predicted effects of pranayama, or yoga breathing techniques.

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The accompanying payoff matrix presents the profits for Firm A and Firm B under two pricing strategiesSuppose both firms have agreed to employ strategies that maximize their combined profits. How will the firms act?

Answers

Firm A and B will both set high price. If both firms secretly cheat both firms will make a profit of $79.

What are profits?

Profit is defined in economics as the difference between an economic entity's total cost of inputs and the money it has generated from its outputs. Total income less total expenses, including both direct and indirect expenses, equals total cost. In contrast to accounting profit, which solely refers to costs that are explicitly stated on a company's financial accounts, it also includes implicit costs. The accounting profit of a corporation is determined by deducting simply its explicit costs from its total revenue. An economist takes into account both apparent and implicit expenses when assessing a firm. Therefore, economic profit is lower than financial profit.

To solve the question :

If both the firms aim at maximizing their combined profits, they will both charge high price as it will yield a combined profit of $174 (= $87 + $87). If one firm charge low price, and the other firm charges a high price, combined profit will be $166 (= $113 + $53) and if both the firms charge low price, combined profit will be $158 (= $79 + $79)

Therefore, firm A will set a high price and firm B will set a high price

If firm A secretly cheats and charge a low price, it will earn a profit of $113, while firm B will earn a profit of $53.

Therefore, the additional profit made by firm A when cheating is $26

(= $113 - $87).

If both the firms secretly cheats, both will earn a profit of $79.

Therefore, the fall in the profits of firm A when both are cheating instead of both respecting the collusive agreement is $8 (= $87 - $79).

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The complete question is attached below :

accounts payable are:A. always payable within 30 days. B. amounts received in advance from customers for future services. C. amounts owed to suppliers for products or services purchased on credit. D. also referred to as unearned revenues. E. estimated liabilities.

Answers

Accounts payable are C. amounts owed to suppliers for products or services purchased on credit.

Accounts payable (AP) is the word used to describe the short-term obligation and responsibility that a business has to its suppliers and vendors who have extended credit to it for goods or services.

The department that handles vendor bills or invoices and records current liabilities in the general ledger is known as accounts payable (GL). The AP department would verify that the goods or services were truly received by comparing invoices to (purchase) orders before making payments to vendors.

Contrary to accounts payable (AP), which is the amount of money a company owes its vendors, accounts receivable (AR) is the amount of money due to a company by its customers. Current short-term assets and liabilities, respectively, are AP and AR.

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One drawback of a longer distribution channel is that it increases selling costs when the retail sector is very fragmented.
True/False

Answers

The answer is True. There is usually a crucial link among channel length, the ultimate asking price, and also the firm's ratio as a result of every mediator in a very channel adds its own markup to the merchandise.

One good thing about a extended marketing is that it cuts mercantilism prices once the longer distribution of the retail sector is a smaller amount. It will create it easier to access exclusive channel. It cuts mercantilism prices once the retail sector is incredibly fragmented.

The three-step model is that the longest distribution and includes a manufacturer, distributer and distributor before a product reaches the buyer. If a manufacturer is victimization the three-step model, they initial sell a product to a distributer. Next, the distributer will sell the merchandise to a distributor.

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Mira and Lemma are equal owners of a business entity. Each contributed $96,000 cash to the business. Then the entity acquired a $384,000. loan from a bank. This year operating profits totaled $115,200. Determine Lemma’s basis in her interest at the end of the tax year assuming that the entity is a partnership, a C corporation, or a S corporation.
a. If the entity is a partnership, Mira and Lemma each have a basis of $_____
at the end of the year.
b. If the entity is a C corporation, Mira and Lemma each have a basis of $_____
at the end of the year.
c. If the entity is an S corporation, Mira and Lemma each have a basis of $_____
at the end of the year.

Answers

A general partnership, also known as a partnership business entity, is a company having two or more owners who operate their company in accordance with the rules of an oral or written partnership agreement.

Find the solution ?

The simplest form of joint ownership for two or more people is a partnership.Limited partnerships (LP) and limited liability partnerships are the two most prevalent types of partnerships (LLP).

Mira and Lemma each have a basis of $90,000 at the end of the year if the company is a partnership.If the company is a C corporation, Mira and Lemma will each conclude the year with a base of $25,000.If the company is a S corporation, Mira and Lemma will each conclude the year with a basis of $40,000.T/F

The individual rates are lower than the corporation rates at some income levels.

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A company with $800,000 in operating assets is considering the purchase of a machine that costs $75,000 and is expected to reduce operating costs by $20,000 each year. The payback period for this machine in years is closest to:
A. 0.27 years
B. 10.7 years
C. 3.75 years
D. 40 years

Answers

When running costs are projected to be reduced by $20,000 annually, the payback period for this machine is most closely 3.75 years.

In a business, what does income mean?

The phrase "revenue" refers to all of a company's earnings from its main operations, including the sale of goods or services, the rental of real estate, periodical payments, interest on loans, etc.

A profit or a loss results from sales.

Any operating expenses or costs are not included in sales, often known as "revenue." Profit is the remaining amount of income after all costs, responsibilities, sources of further income, and operating expenses have been considered.

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A firm trained its customer service representatives who handled telephone inquiries to handle walk-in customers as well. The firm was engaging in ____.
A. Job design
B. Job enlargement
C. Scientific management
D. Job enrichment
E. Job rotation

Answers

Option (b), An organization trained its customer service personnel to assist walk-in clients in addition to telephone questions. The business was involved in Job enlargement.

Job enlargement: What exactly is it?

Job enlargement is the process of increasing the scope of a job's responsibilities and obligations while largely maintaining their level and proximity to the primary functions. In order to extend an existing position inside an organization, a number of duties that are done at the same level must be integrated.

Job enlargement refers to the combination of tasks performed at the same level within an organization. The tasks and responsibilities of each team member are increased by putting job expansion into effect. By mixing activities, managers can increase their staff's motivation and engagement at work.

How is it possible to create more jobs?

Industries must reevaluate the work-related tasks carried out by their personnel if they are to increase production while decreasing boring activities in other roles. The expansion of jobs is this process.

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Refer to Exhibit 4-4. Which of the following is false?
Group of answer choices
Graph (2): As supply increases, equilibrium quantity remains constant.
Graph (3): As demand increases, equilibrium price remains constant.
Graph (4): As supply changes, equilibrium price stays the same.
Graph (1): There is a shortage when price is P3.
$1,000.
$10,000.
$4,000.
$1,500.

Answers

The equilibrium price stays steady as demand rises. This statement is false. The right response in this case is option C.

Although it is not a given, it is conceivable for the equilibrium price to be steady even when demand rises. The price at which the amount of an item desired by customers and the quantity of a good provided by producers are equal is known as the equilibrium price.

The equilibrium price will generally rise if the demand for the commodities rises but the supply stays the same. This is because customers are ready to pay more for the item as a result of the rise in demand, and producers will be able to sell more of the commodity at a higher price.

The equilibrium price, however, can stay the same or even go down if the good's supply grows at the same time as the demand does. This is due to the fact that the greater supply enables companies to satisfy the rising demand without having to raise the price.

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In December 2020 , a pound of lemons cost $1.896, while a pound of bananas cost $0.572. Three years earlier, the price of lemons was $1.989 a pound and that of bananas was $0.558 a. What was the annual compound rate of growth in the price of lemons? Note: Do not round intermediate colculations. Enter your answer as a percent rounded to 4 decimal places. Negative answers should be indicated with a minus sign. b. What was the annual compound rate of growth in the price of bananas? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 4 decimal places. c. If the same rates of growth persist in the future, what will be the price of lemons in 2030 ? Note: Do not round intermediate calculations. Round your answer to 2 decimal ploces. d. What about the price of bananas? Note: Do not round intermediate calculations. Round your onswer to 2 decimal places.

Answers

a. The annual compound rate of growth in the price of lemons is -5.5405%.

This can be calculated using the following formula:

Rate of Growth = ((price in 2020 - price in 2017) / (price in 2017))^(1/3) - 1

Rate of Growth = ((1.896 - 1.989) / (1.989))^(1/3) - 1

Rate of Growth = (-0.093 / 1.989)^(1/3) - 1

Rate of Growth = (-0.05) - 1

Rate of Growth = -5.5405%

b. The annual compound rate of growth in the price of bananas is 1.2072%.

This can be calculated using the following formula:

Rate of Growth = ((price in 2020 - price in 2017) / (price in 2017))^(1/3) - 1

Rate of Growth = ((0.572 - 0.558) / (0.558))^(1/3) - 1

Rate of Growth = (0.014 / 0.558)^(1/3) - 1

Rate of Growth = (0.025) - 1

Rate of Growth = 1.2072%

c. If the same rates of growth persist in the future, the price of lemons in 2030 will be $2.13.

This can be calculated using the following formula:

Price in 2030 = (price in 2020) * (1 + Rate of Growth)^(years)

Price in 2030 = (1.896) * (1 - 0.055405)^(10)

Price in 2030 = (1.896) * (0.94459)

Price in 2030 = 1.7912

Price in 2030 = $2.13

d. If the same rates of growth persist in the future, the price of bananas in 2030 will be $0.725.

This can be calculated using the following formula:

Price in 2030 = (price in 2020) * (1 + Rate of Growth)^(years)

Price in 2030 = (0.572) * (1 + 0.012072)^(10)

Price in 2030 = (0.572) * (1.13369)

Price in 2030 = 0.6470

Price in 2030 = $0.725

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One characteristic of a perfectly competitive market is that there are _____ sellers of the good or service.
a. a few
b. usually fewer than 10
c. one or two
d. many

Answers

One characteristic of perfectly competitive market is that there are many sellers of good or service.

What is perfect competition?

In economics, specifically general equilibrium theory, perfect competition, or atomistic competition, is the term used to describe the idealizing circumstances that constitute an atomistic market, also known as a perfect market. When the amount supplied for each commodity or service, including labor, equals the amount demanded at the current price, a market will reach equilibrium, it has been demonstrated in theoretical models with perfect competition. This equilibrium is a Pareto optimum one. The theory of imperfect competition was established to explain the more real-world form of market interaction that occurs between perfect competition and a monopoly. Due to imperfect competition, it is common for sellers to set different prices for commodities, which suggests that they are doing it to increase sales.

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the bumpers that pop-up along alleys whenever children bowl relate to marketing strategy because they function like:

Answers

The bumpers that pop-up along alleys whenever children bowl relate to marketing strategy because they function like Marketing Law.

What is Marketing Law?

Marketing law applies to all of those channels of contact between companies and customers. It involves everything from the creation of consumer promotions to the marketing of food, alcohol, and medicine items. Marketing law focuses on the laws, precedents, and policies that are pertinent to preventing consumer harm brought on by deceptive marketing strategies utilised in the sale of goods and services. to ensure the truth and integrity of the promises and statements made in advertisements. to ensure that marketing abides by accepted standards of decency everywhere.

A marketing strategy is a company's overarching plan for connecting with potential customers and persuading them to purchase its products or services. A marketing plan typically includes the value proposition of the company, key brand messages, data on target customer demographics, and other significant elements.

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A firm that holds a monopoly position in the market place is ____. A. a price maker
B. a price taker
C. monopolistically competitive
D. subject to infinite market forces

Answers

A firm that holds a monopoly position in the market place is a price maker which is option A.

Short answer: What is monopoly?

Definition: A market system in which a single seller dominates the market and offers an exclusive product. In a monopoly market, there is no competition for the seller because there is no other close equivalent for the goods he is selling.

What benefits do monopolies have?

Large economies of scale can result from monopolies. A business that has a monopoly on a certain kind of product may be able to manufacture large quantities of that product at reduced unit prices. Those reduced pricing could be passed on to the customer, depending on the company's business practices.

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Pavlovian Responses, as first discovered by Russian scientist Ivan Pavlov [and his dogs, food and bell] are today better understood as:

Answers

Ivan Pavlov is credited with the first demonstration of classical conditioning, which is learning via association. Pavlov demonstrated that if a bell was continually played while food was being given to the dogs, they could be trained to salivate at the sound of the bell.

Pavlov's classical conditioning has found many uses, including in behavioural therapy, in experimental and clinical settings, in classroom settings, and in the systematic desensitization therapy used to treat phobias.

In particular, the dogs were taught to connect the sound of the bell (the conditioned stimulus) with the offering of food (the unconditioned stimulus).

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which of the following has the most direct effect on aggregate demand? changes in foreign exchange rates changes in taxes

Answers

Change in authorities spending.

Expansionary fiscal coverage is an expand in authorities spending or a limit in taxation, while contractionary fiscal coverage is a reduce in government spending or an expand in taxes. Expansionary fiscal policy can be used by governments to stimulate the financial system for the duration of a recession.

What is an example of authorities spending?

Federal authorities spending will pay for the whole thing from Social Security and Medicare to navy equipment, motorway maintenance, building construction, research, and education. This spending can be broken down into two predominant categories: obligatory and discretionary.

What causes an enlarge in government spending?

In response to the financial slowdown and its impact on the economy, the authorities plays a key function by way of growing its spending in order to boost monetary growth.

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Which of the following is true when a European currency option is valued using forward exchange rates?
A. It is not necessary to know the domestic interest rate or the spot exchange rate
B. It is not necessary to know either the foreign or domestic interest rate
C. It is necessary to know the difference between the foreign and domestic interest rates
but not the rates themselves
D. It is not necessary to know the foreign interest rate or the spot exchange rate

Answers

The correct option is D i.e. It is not necessary to know the foreign interest rate or the spot exchange rate.

The spot exchange rate is that the current quantity one currency can trade for one more currency at a selected purpose in time. it's the open value that a merchandiser pays to shop for another currency. A spot rate is that the current value at that an individual might exchange one currency for one more, for delivery on the earliest doable price date. money delivery for spot currency group actions is sometimes the quality settlement date of 2 business days once the transaction date (T+2).

In forex, the cash price is typically stated because the spot rate, and it's the quoted rate between 2 currencies in an exceedingly forex try. for instance, if the quoted rate for EUR/USD was $1.2354, then that's conjointly the spot rate. This figure shows that you simply would need to pay $1.2354 so as to shop for €1.00.

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Match the functions of a machine to the features of a capitalist economy. Purpose A. Produce material wealth Fuel B. Money
Accelerator (Decelerator) C. Level of total spending Lubricant D. Price Mechanism Central processing unit E. Self interest

Answers

The functions of a machine to the features of a capitalist economy:

A. Produce material wealth – Central processing unit
B. Money – Lubricant
C. Level of total spending – Accelerator (Decelerator)
D. Price – Mechanism
E. Self interest – Fuel

What is capitalist economy?

A capitalist economy is an economic system wherein the means of production and distribution are owned by private individuals or companies, and not by the state. This system is based on the premise that the free-market forces of supply and demand should be allowed to determine the prices of goods, services, and labor. It also encourages competition, and rewards innovation and hard work. In a capitalist system, individuals and companies are free to produce, exchange, and invest as they please. This system is driven by the pursuit of profit, which incentivizes investment, production, and consumption. This type of economy has been adopted by many countries around the world, and is considered the most successful economic system in human history.

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suppose that anna is a profit-maximizing monopolist who creates a new technology that reduces her marginal and average total costs by $40. if, as a result of this cost reduction, anna changes her price in a profit-maximizing way, then anna's total economic profit will: fall. remain unchanged. rise. it is not possible to make a determination from the information given.

Answers

A monopolist needs to maximize profit, and income = complete revenue - complete costs. So, d(TR)/dQ−d(TC)/dQ=0 is the identical as d(TR)/dQ=d(TC)/dQ , which is the equal as MR = MC.

How can a monopolist become aware of the profit-maximizing level of output if it is aware of its whole revenue and whole cost curves?

A monopolist can determine its profit-maximizing price and volume with the aid of analyzing the marginal income and marginal costs of producing an greater unit. If the marginal income exceeds the marginal cost, then the firm need to produce the more unit.

The marginal income is the additional revenue added by using increasing the quantity. This is also regarded as the extra income “at the margin.” Therefore, earnings is maximized when marginal price equals marginal income which is the identical as saying when marginal profit equals zero.

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the manager in the video discusses the importance of living and working in different countries. if an international firm wants to build a strong corporate culture and informal management network, the firm should choose a(n) staffing strategy. multiple choice

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The manager in the video discusses the importance of living and working in different countries. if an international firm wants to build a strong corporate culture and informal management network, the firm should geocentric staffing strategy.

What is staffing strategy?

A human resource strategy called strategic staffing aims to give an organization the workforce it needs to achieve both its present and long-term commercial goals. In essence, strategic staffing makes sure your company has the appropriate mix of full-time and part-time workers to operate effectively. A company's planned growth and organic expansion depend on the effectiveness of its strategic staffing. Business executives can calculate the number of personnel and the abilities required to achieve their goals once they have mapped out the anticipated growth for the upcoming months and years. When it's time to expand, there will be sufficient adequately skilled personnel on hand to satisfy the expectations of the firm since HR professionals map this information against present staff profiles and identify gaps.

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Roberto really enjoys mingling at work functions, both to network for new contacts and simply to share stories with other interesting people. Roberto probably scores high in O extroversion. O openness to experience. conscientiousness. emotional stability, O agreeableness,

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Roberto enjoys mingling at business gatherings, both to meet new people and simply to exchange stories with other interesting people. Roberto probably scores highly on extroversion.

The tendency to emphasize satisfaction obtained from sources other than oneself is known as extraversion. Extroverts are characterized by warmth, optimism, gregariousness, and a desire for adventure.

You have a lot of friends. Extroverts are prone to making new friends. This is partially a result of their preference for social interaction and other people's energy. A substantial social network and a sizable number of acquaintances are typically present.

One of the five fundamental traits that the big 5 theory of personality believes to be crucial to human personality is extraversion, commonly known as extraversion. Extroversion are characterized by sociability, talkativeness, aggressiveness, and excitability. Social anxiety does not exist in those with low extroversion.

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FILL IN THE BLANK in a ______ most economic decisions about what to produce, how to produce it, and for whom to produce it are made by buyers and sellers.

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Buyers and sellers make the majority of economic decisions in a market-oriented economy regarding what to create, how to produce it, and for whom to produce it.

What is Market orientation?

Market orientation perspectives include decision-making perspectives, market intelligence perspectives, culturally based behavioral perspectives, strategic perspectives, and customer orientation viewpoints. According to them, the marketing idea is a business philosophy, but the word market orientation refers to the actual application of the marketing concept. They went on to say that "a market orientation appears to give a unifying focus for the activities and initiatives of individuals and departments inside the business."

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The term private property, an essential characteristic of capitalism, has two implications. One is that you get to keep what you have and secondly, it is individuals rather than the government that society's scarce resources.

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Capitalism is established on the following pillars:

personal property, which lets in human beings to personal tangible property such as land and houses and intangible belongings such as shares and bonds;

• self-interest, thru which human beings act in pursuit of their personal good, except regard for sociopolitical pressure.

Why is personal property an fundamental attribute of a capitalistic system?

Private property promotes efficiency by way of giving the owner of sources an incentive to maximize its value. The more precious a resource, the greater buying and selling energy it gives the proprietor of the resource. This is because, in a capitalist system, anyone who owns property is entitled to any value related with the property.

Why is personal property possession important?

They supply self assurance to men and women and agencies to invest in land, permit non-public agencies to borrow – the use of land as a collateral – to increase job opportunities, and enable governments to acquire property taxes, which are indispensable to finance the provision of infrastructure and offerings to citizens.

The term private property, an essential characteristic of capitalism, has two implications. One is that you get to keep what you have and secondly, it is individuals rather than the government that society's scarce resources. so What are the two implications of private property ?

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a company recorded 2 days of accrued salaries of $1,450 for its employees on january 31. on february 9, it paid its employees $7,100 for these accrued salaries and for other salaries earned through february 9. the january 31 and february 9 journal entries are:

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We have recorded the 2 days salary of Jan month as an accured expenses.

Salaries Expense/ Ac Dr.       1450

     To Salaries Payable A/c.             1450

In the month of Feb, we paid salary upto 9 Feb and also the balance amount of Jan month.

Our Liability for the month of January is 1450, so salary payable a/c is debited by 1450/-

And the balance amount belongs to February month.

So the Entry is -

Salaries Expense A/c Dr.   5650

Salaries Payable A/c Dr.    1450

                    To Cash.                                    7100

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Full Question: A company recorded 2 days of accrued salaries of $1,450 for its employees on January 31. On February 9, it paid its employees $7,100 for these accrued salaries and for other salaries earned through February 9. Assuming the company does not prepare reversing entries, the January 31 and February 9 journal entries are: Multiple Choice C) 1/ 1.450 salaries Expense Salaries Payable 1.450 12/9 salaries Expense Salarios Payable Cash 5,650 1,450 7,100 1,450 1/31 Salaries Expense Salaries Payable 1.450 2/9 Salaries Payable Salaries Expense 5,650 1,450 7,100 < Prev 8 of 19 !!!

the access control mechanism whereby unverified entities of supplicants who seek access to a resource provide a label by which they are known to the system

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The process of supplicants or unverified entities requesting access to a resource providing a label that identifies them to the system is known as authentication.

Network data packets are scanned by packet-filtering firewalls for compliance with the firewall's database's rules.

The process of verifying a supplicant's claimed identity is referred to by which term?

The process of verifying a supplicant's claimed identity is known as authentication. the supplicant is aware of and able to recall, for instance, a password, passphrase, or another distinct authentication code, such as a personal identification number (PIN).

What is Kerberos's reputation?

The enormous, three-headed hound of Haides known as KERBEROS (Cerberus) prevented the spirits of the dead from fleeing the gates of the underworld. Kerberos was depicted as a dog with three heads, a snake's tail, a snake's mane, and the claws of a lion.

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Insider Trading Barry Switzer was a football coach at the University of Oklahoma. Switzer attended an invitational secondary school track meet that his son was participating in. Sometime in the afternoon, Switzerlaid down on a row of bleachers to sunbathe while waiting for his son's next event, Nearby, George Platt, a member of the board of directors of Phoenix Resources Company (Phoenix), told his spouse that he wanted to dispose of or liquidate Phoenix, that several companies were bidding on Phoenix, and that an announcement of a "possible" liquidation of Phoenix might occur the following week. Platt told this to his spouse in the context of his anticipated business schedule the following week in order to make necessary child care arrangements, Unbeknownst to Platt, Switzer overheard the conversation about Phoenix. After the track meet, Switzer purchased Phoenix stock based on the overheard information. The Securities and Exchange Commission (SEC) learned of the trades and filed an action against Switzer claiming that he committed insider trading. 1. The Securities Exchange Act of 1934 created the select as an Select ✓ agency 2. The Securities Exchange Act of Select provides for the regulation and registration of securities exchanges, brokers, dealers, and national securities associations, 3. The Securities Exchange Act applies to companies that have assets greater than Select ✓, and more than Select shareholders, 4. One of the more important sections of the Securities Exchange Act of 1934 is section Select 5. The purpose of this section is to prevent Select in relation to the buying and selling of securities. 6. An important rule that the SEC has promulgated is SEC Rule Select 7. Among other purposes, the purpose of SEC Rule 105-5 is to prevent Select 8. The traditional insider-trading case involves all of the following except Select buying selling securities based on information not available to the public 9. Platt is the CEO of Select 10. Corporate officers and directors would be expected to have advance Select information that can affect the future market value of the corporate stock 11. Platt would be treated as an Select v in regard to Phoenix and possessed a Select v duty to the company. 12. An individual who receives tips from an insider is known as a Select V 2) The disclosure is made Select V personal benefit, and 3) The tippee 13. A tippee is liable for insider trading if the following requirements are met: 1) There is a Select Select of this breach and benefits from it. 14. Platt would be considered the select and Switzer would be considered the select 15. When Platt told his wife about Phoenix in the context of arranging child care, Platt Select v breach his fiduciary duty to the company not to disclose inside information. 16. Did Platt's inadvertent disclosure to Switzer occur in exchange for personal benefit? Select V 17. Did Switzer, the tippee, know or should have known there had been a breach by the insider when Switzer overheard the conversation? Select V 18. Given the facts above, Switzer is likely Select ✓ of insider trading.

Answers

The Securities and Exchange Commission (SEC) learned of the trades and filed an action against Switzer claiming that he committed insider trading.

What is considered insider trading?

Insider trading is the act of employees who possess material, non-public knowledge about a firm trading in the stock or other securities of that company. Insider trading may be legal or unlawful, depending on the circumstances surrounding the trade and the laws of the nation the insider is in. Insider trading is the act of individuals trading securities of a company when they have access to sensitive or significant non-public information about that company.

Utilizing this unique access is viewed as a fiduciary duty violation. Insider trading refers to the trading of stock or other securities of a publicly traded firm on the basis of significant, nonpublic knowledge about the company. Some forms of trading using insider information are prohibited in a number of nations.

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