If the current price of a pound of chicken is $3 per pound and the equilibrium price is $6 per pound what takes place is: a) There is a shortage , so the price rises and quantity demanded decreases.
The current price of $3 per pound is lesser that the equilibrium price of $6 per pound which means that their is shortage.
The shortage indicate that their is increase in demand in the market because the quantity demanded is higher than the quantity supplied.
Therefore the rise in price of goods and services will lead to decrease in the quantity demanded of such goods or product.
Inconclusion what takes place is: a) There is a shortage , so the price rises and quantity demanded decreases.
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Banks in Ruritania have a required reserve ratio of 8% . Round all answers to one place after the decimal. What is the simple money multiplier
The simple money multiplier is 12.5.
The reserve ratio is the ratio the Central Bank of a country requires banks to keep as reserves in order to meet unforeseen circumstances. For example, if the reserve ratio is 8%, if a customers deposits $1000, banks must keep $80 as reserves.
Money multiplier is the maximum amount of money commercial banks can create.
Money multiplier = 1 / reserve ratio
1 / 8%
1 / 0.08 = 12.5
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Increased flexibility in scheduling has become an important benefit for employers to offer because of:
Increased flexibility in scheduling serves as important benefit for employers to offer because of:
1)the increase in single parent homes
2)the increase in two-income families
Scheduling serves as a process of arranging as well as controlling and optimizing work when carrying out a production process.It is important for employers to have Increased flexibility in scheduling because of the rise in single parent home.Learn more at:
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Food For Less (FFL), a grocery store, is considering offering one hour photo developing in their store. The firm expects that sales from the new one hour machine will be $150,000 per year. FFL currently offers overnight film processing with annual sales of $100,000. While many of the one hour photo sales will be to new customers, FFL estimates that 60% of their current overnight photo customers will switch and use the one hour service. Suppose that of the 60% of FFL's current overnight photo customers, half would start taking their film to a competitor that offers one hour photo processing if FFL fails to offer the one hour service. The level of incremental sales in this case is closest to:___.
a. $60,000.
b. $150,000.
c. $120,000.
d. $90,000.
Suppose that of the 60% of FFL's current overnight photo customers, half would start taking their film to a competitor that offers one hour photo processing if FFL fails to offer the one hour service. The level of incremental sales in this case is closest to:
A) $60,000.
B) $150,000.
C) $90,000.
D) $120,000.
Answer:
90,000 the answerrr is 90,000
All of the following is true about CRM, or Customer Relationship Management except:______.
a. It is an enterprise software
b. Accounting department uses it to facilitate billing
c. It is replacing the human resource department
d. It is the processes a company uses to track and organize all aspects of customer encounters
Answer:
B
Explanation:
The purpose of CRM is not to replace the human resource department.
Considering the available options, the statement that is not true about CRM or Customer Relationship Management is "Accounting department uses it to facilitate billing."
CRM is an enterprise software with a rough global market value of over $40 billion.
Because it is an automated system, many firms are now using it to replace the human resource department.
Also, CRM is known for being a process that a company uses to monitor and oversee all aspects of customer relations.
Hence, in this case, it is concluded that the correct answer is option B. "Accounting department uses it to facilitate billing."
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A local university has 6 faculty members for every 150 students. How many faculty members are needed for 9,575 students?
Number of faculty members
What’s the answer?
Woh Che Co. has four departments: Materials, Personnel, Manufacturing, and Packaging. In a recent month, the four departments incurred three shared indirect expenses. The amounts of these indirect expenses and the bases used to allocate them follow.
Indirect Expense Cost Allocation Base
Supervision $ 82,500 Number of employees
Utilities 50,000 Square feet occupied
Insurance 22,500 Value of assets in use
Total $ 155,000
Departmental data for the company’s recent reporting period follow.
Department Employees Square Feet Asset Values
Materials 27 25,000 $ 6,000
Personnel 9 5,000 1,200
Manufacturing 63 55,000 37,800
Packaging 51 15,000 15,000
Total 150 100,000 $ 60,000
1. Use this information to allocate each of the three indirect expenses across the four departments.
2. Prepare a summary table that reports the indirect expenses assigned to each of the four departments.
1. The allocation of the three indirect expenses across the four departments of Woh Checo is as follows:
Supervision Expense:
Basis = Number of Employees
Materials = $14,850 ($82,500 x 27/150)
Personnel = $4,950 ($82,500 x 9/150)
Manufacturing = $34,650 ($82,500 x 63/150)
Packaging = $28,050 ($82,500 x 51/150)
Utilities Expense:
Basis = Square Feet
Materials = $12,500 ($50,000 x 25,000/100,000)
Personnel = $2,500 ($50,000 x 5,000/100,000)
Manufacturing = $27,500 ($50,000 x 55,000/100,000)
Packaging = $7,500 ($50,000 x 15,000/100,000)
Insurance Expense:
Basis = Assets Value
Materials = $2,250 ($22,500 x 6,000/$60,000)
Personnel = $450 ($22,500 x 1,200/$60,000)
Manufacturing = $14,175 ($22,500 x 37,800/$60,000)
Packaging = $5,625 ($22,500 x 15,000/$60,000)
2. The summary table to report the assignment of the indirect expenses to the four departments is as follows:
Allocation of Indirect Expenses to the Departments:
Total Materials Personnel Manufacturing Packaging
Supervision $82,500 $14,850 $4,950 $34,650 $28,050
Utilities 50,000 12,500 2,500 27,500 7,500
Insurance 22,500 2,250 450 14,175 5,625
Total $ 155,000 $29,600 $7,900 $76,325 $41,175
Data and Calculations:
Indirect Expense Cost Allocation Base
Supervision $ 82,500 Number of employees
Utilities 50,000 Square feet occupied
Insurance 22,500 Value of assets in use
Total $ 155,000
Department Employees Square Feet Asset Values
Materials 27 25,000 $ 6,000
Personnel 9 5,000 1,200
Manufacturing 63 55,000 37,800
Packaging 51 15,000 15,000
Total 150 100,000 $ 60,000
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Baker Corp. pays a constant $1.8 dividend on its stock. The company will maintain this dividend for the next 15 years and will then cease paying dividends forever. If the required return on this stock is 5 percent, what would the current share price be
Answer:
1.8 divided by 15 easy
Explanation:
0. somthing
your salary is $50,000 income tax rate is 21% on the first $35,000 and 23% on the rest of your income what is the total amount of tax that you owe A.$10,500 B. $10,770 C. $10,800 D.$11,500
Answer:
C
Explanation:
35000 = 100%
35000×0.21 = 21% = $7350
50000 - 35000 = 15000 = 100%
15000×0.23 = 23% = $3450
so, in total, I pay
7350 + 3450 = $10,800
The common stock of High Energy is selling for $58 per share. Currently, the firm has a total market value of $1,314,900 and a book value of $647,600. How many shares of stock will be outstanding if the firm does a stock split of 5-for-2
The number of shares of stock that will be outstanding if the firm does a stock split of 5-for-2 is $56,677.
Using this formula
Outstanding shares=(Total market value/Common stock per share)×Stock split
Let plug in the formula
Outstanding shares=($1,314,900 /$58)×5/2
Outstanding shares=$56,676.72 shares
Outstanding shares=$56,677 shares (Approximately)
Inconclusion the number of shares of stock that will be outstanding if the firm does a stock split of 5-for-2 is $56,677.
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In your opinion, what are the three most important microeconomic issues of our society today?
Answer:
voting rights, hand weapon violence, and the pandemic
Explanation:
the worldwide issue right now is the pandemic and that's what everybody is worried about, along with that comes healthcare.
Which person would benefit most from taking advantage of a low variable
interest rate?
A. Emilio needs a loan to support his business and needs his
payments to be as predictable as possible.
B. Ellie has just found her dream home and wants to get a mortgage
that will allow her to live there forever.
C. Evan needs to borrow money to pay for car repairs, but he will be
able to pay off the loan within two to three months.
D. Erica needs to borrow money to attend college, but she doesn't
have a good credit history.
Based on the information, the individual that'll benefit from the interest rate will be C. Evan needs to borrow money to pay for car repairs, but he will be able to pay off the loan within two to three months.
A variable interest rate simply means an interest rate that fluctuates. It's different from a fixed interest rate. It should be noted that variable interest rates have low interest rates and are typically used for short-term financing.
Therefore, the person that would benefit most from taking advantage of a low variable interest rate will be Evan who needs to borrow money to pay for car repairs, but he will be able to pay off the loan within two to three months.
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Answer:
c
Explanation:
A vegetable vendor sells carrots he sold 50% of the carrots he had in the morning of the remaining 75% was sold in everything and he still was left with 16.25 kg with him at the of the day what was the quality of carrots after a day
Answer:
65 kilograms of carrots
Bonds which require the face value (principal) amount to be paid back in installments over the life of the bond are called: Select one: a. callable bonds. b. term bonds. c. convertible bonds. d. secured bonds. e. serial bonds. f. unsecured bonds.
Answer:
Term bonds are bonds from a single issue that all mature on the same date. On the maturity date of term bonds, the face value (principal) must be repaid to the bondholders. Call provisions within term bonds stipulate characteristics where issuers can redeem bonds from investors prior to the maturity date.
Explanation:
hope it helps <3
Term bonds are bonds that require the face value (principal) to be paid back in installments over the bond's life. As a result, option (b) is the proper response.
What are term bonds?Term bonds are bonds that all maturity on the same date from a single issue.
The face value (principal) of term bonds must be repaid to bondholders when they reach maturity.
Issuers can repay bonds from investors prior to the maturity date under call provisions in term bonds.
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SEVEN (7) rewards and THREE (3) Challenges of the CEO of this company
What? What does this mean?
refer to the makeup of a firms capitalization
Finance. Another aspect of capitalization refers to the company's capital structure. Capitalization can refer to the book value cost of capital, which is the sum of a company's long-term debt, stock, and retained earnings. ... Companies with a high market capitalization are referred to as large caps.
Imagine that in 2019 the economy is in long-run equilibrium. Then stock prices rise more than expected and stay high for some time. Refer to Scenario 33-2. In the short run what happens to the price level and real GDP
In the short-run, the effect on the price level and the real GDP is a. Both the price level and real GDP rise.
Since the economy is in long-run equilibrium in 2019, and the stock prices unexpectedly rise and stay high for a long time, it means that the price level does not:
Rise while the real GDP falls Fall while the real GDP rises Fall with the real GDP.
Question Options:
a. both the price level and real GDP rise.
b. the price level rises and real GDP falls.
c. the price level falls and real GDP rises.
d. both the price level and real GDP fall.
Thus, in the short-term of this economy both the price level and real GDP rise.
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Transparency refers to
Explanation:
Transparency, as used in science, engineering, business, the humanities and in other social contexts, is operating in such a way that it is easy for others to see what actions are performed. Transparency implies openness, communication, and accountability.
Which is a correct statement about common types of test questions? O There is little difference in how these types of questions should be approached. Most can be approached by determining relationships between sets of ideas. Most can be approached by determining whether an idea or fact is accurate. Each type of question should be approached with a specific strategy.
Answer: it’s C
Trust Me
Answer:
D ( Each type of question should be approached with a specific strategy).
Explanation:
Have an amazing day/night!! <33
God Bless All <33
a printed order for payment of a specified sum,facilitaded by the bank ir post office
York’s outstanding stock consists of 80,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 200,000 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends
Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. (Round your "Dividend per Preferred Share" answer to 3 decimal places.)
This question is incomplete and the complete question is as follows:
York’s outstanding stock consists of 80,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 200,000 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends:
2016 total cash dividends = $20,000
2018 total cash dividends = $200,000
2017 total cash dividends = $28,000
2019 total cash dividends = $350,000
Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. (Round your "Dividend per Preferred Share" answer to 3 decimal places.)
To answer the question, Preferred and Common stocks are first described.
Preferred stocks are stock shares that pay dividends to holders before common stock dividends are paid.
Cumulative preferred stock is a type of preference stock with a clause that requires a corporation to pay all dividends to cumulative preferred shareholders, including those that were missed before.
Common stocks are stock shares that pay dividends to holders after preferred stock dividends have been paid.
The attached photo contains the calculations of the answers.
From the attached photo, we have:
Dividend per preferred share = $0.375
Amount of dividends paid preferred shares in 2016 = $20,000
Amount of dividends paid preferred shares in 2017 = $28,000
Amount of dividends paid preferred shares in 2018 = $42,000
Amount of dividends paid preferred shares in 2019 = $30,000
In addition, from the attached photo, we have:
Amount of dividends paid to Common shares in 2016 = $0
Amount of dividends paid to Common shares in 2017 = $0
Amount of dividends paid to Common shares in 2018 = $158,000
Amount of dividends paid to Common shares in 2019 = $320,000
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__ is the monetary value of what a company received for goods sold, services rendered, and all other payments to the firm.
The monetary value that is been gotten by a company for the sold goods as well as services rendered and payments to the firm is revenue.
Revenue can be regarded as money that is been received from normal business operations.This can be calculated by multiplying average sales price with number of units sold.Therefore, revenue is the correct term.
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A short-term job or work project that can be paid or unpaid and can lead to a full-time, paying position is called a(n) _____.
a.
job shadow
b.
temp job
c.
internship
d.
cooperative program
Please select the best answer from the choices provided
A
B
C
D
Answer:
its called an internship so c
Answer:
The answer is C. internship
Explanation:
A short-term job or work project that can be paid or unpaid and can lead to a full-time, paying position is called an internship.
Is Cab Service in the UK is Excellent Choice for Transport?
Cab services are the best option for transportation in the UK.
Cabs are a type of personalized transport that works in the United Kingdom, this service offers several advantages compared to taxis such as:
It is cheaper than taxis.It is more comfortable and less disturbing.They have several options for the number of people traveling.They can be booked easily and quicklyOffers a much faster transportation service than buses or black taxisIt is available 24 hours a day, 7 days a week.Based on the above, it can be inferred that Cabs are the best transport service in the UK.
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The cat ____ the food.
A. eat
b. drink
c. up
d. run
Answer:
eat
Explanation:
Answer:
eat
Explanation:
How are flexible exchange rates different from fixed exchange rates?
flexible exchange rates depend on multiple variables in the market but fixed exchange rates stay the same no matter the change in variables.
Which of the following is not considered a special journal?
a. cash receipts journal
Ob. general journal
c. purchases journal
d. cash payments journal
Answer:b
Explanation:
There is no such thing as a specialty magazine for a general journal. Therefore, the correct option is B.
Special journals, commonly called subsidiary journals, are used to record special types of transactions systematically and effectively. Cash receipt diary, purchases journal, and cash payment notebook are some examples of specialty journals.
These journals are created to deal with large volumes of transactions of a specific type, including cash payments, purchases or receipts. In contrast, the purpose of the general journal is to record transactions that do not fall under the precise categories covered by the special journal. It serves a more general purpose. It is often used for irregular or unusual transactions.
Therefore, the correct option is B.
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#SPJ6
Eric Patterson earns $82,000 a year. His monthly expenses total $5,400. What is the minimum amount of money that he should set aside in an emergency fund
Based on the amount earned and the monthly expenses, Eric should set aside $16,200 for an emergency fund.
It is generally recommended that when settling cash aside for an emergency fund, the amount that one sets aside be 3 times their monthly expenses.
Eric's monthly expenses are $5,400 so the amount to be set aside should be:
= 5,400 x 3
= $16,200
In conclusion, Eric should set aside $16,200 for the emergency fund.
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Why do businesses compete in free enterprise system?
Answer:
Businesses in free enterprise systems compete with each other to produce better products at better prices. Competition leads to innovation, new ideas and a more competitive market. Competiting allows businesses to control themselves and their ideas in an efficent manner.
However, competition in the free enterprise systmem leads to lower wages and income. It leads to the best product at the lowest price. It leads to a variety of products available to the consumer.
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Information accessibility focuses on ________.
a. defining what information a person or organization has the right to obtain about others.
b. information that has been encrypted by the owner to make it unaccessible to others
c. who owns information about individuals and how information can be sold and exchanged
d. what information an individual should have to reveal to others in the workplace
e. identifying who is responsible for informational errors that harm people
Answer:
A) Defining what information a person or organization has the right to obtain about others.
1. Describe the various advantages that firms such as Tata employ to become large industrial conglomerates.
Answer:
Company
Explanation: