On December 31, Hawkin's records show the following accounts. Cash$ 9,100 Accounts Receivable1,500 Supplies2,100 Equipment15,900 Accounts Payable8,000 Common stock13,700 Retained earnings, December 16,000 Dividends2,900 Services Revenue18,000 Wages Expense8,000 Rent Expense3,500 Utilities Expense2,700

Answers

Answer 1

The statement that lists revenues and costs is the income statement. It either has a net profit or loss. Consequently, we may say that the net income is $5,800.

What does "net income" mean?

What's left over after taxes and other withholdings have been taken out of your paycheck is known as your take-home pay, or net income. The money left over after all business expenses have been covered is referred to as net income.

What are net income and gross income?

The amount of an employee's income that remains after payroll deductions for expenses like taxes, benefits, and other charges is known as gross pay. After all withholdings have been taken out, what is left over is referred to as net pay or take-home pay.

Service revenue $18,000

Less:

Wages Expense $8,000

Rent Expense $3,500

Utilities Expense $2700

Total expenses $10,200

Net income $5,800

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Related Questions

what effects would each of the following have on aggregate demand or aggregate supply, other things equal? a. a widespread fear by consumers of an impending economic depression. b. a new national tax on producers based on the value added between the costs of the inputs and the revenue received from their output.

Answers

Increasing amounts of consumers save money for the future and reduce their present-day consumption as a result of widespread consumer anxiety over an imminent economic depression.

What Does Consumers Energy Provide?

Our society and the rest of the globe depend heavily on energy. Consider the daily activities you engage in that consume energy, such as using a heated swimming pool, a television, a video game, a light, or the Internet. You can perform those things every day with the support of the power and natural gas we offer at Consumers Energy. The energy we generate contributes to the amazing benefits enjoyed by millions of Michigan citizens.

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Effective marketing doesn't just happen. Firms like Disney plan their marketing strategies to adjust to changes in the environment, the competition, and their customers. Disney's objective is to create entertainment experiences based on storytelling. One of Disney's key strengths is its well-known brand. Disney targets its Pleasure island to singles and couples. Epcot to adults and families with older children, and the Magic Kingdom to families with younger children. When Disney executives noticed attendance at the theme parks declining, they concluded that crowding and long lines were hurting customers' enjoyment of the parks and eased crowding throughout the parks by combining global positioning satellites (GPS), smart sensors, wireless technology, and mobile devices. They instituted a FastPass service, allowing guests to obtain a timed ticket for a ride, thus skipping long lines for popular attractions. FastPass+, introduced later, allows advance reservations for a limited number of rides per day through the My Disney Experience website and mobile app, where guests can plan and manage their visit to the parks. Finally, the guest can wear a MagicBand-a wristband with a radio frequency chip identifying the individual. By simply waving the band, the guest can use a FastPass+ reservation, pay for purchases, and even open the door to his or her Disney resort room! Match Disney's actions to each step of the process.

Answers

The matching of Disney's actions with the process are defining the mission and vision of the event with the idea to create entertainment experience.

Marketing strategy in every firm needs a ideological backing for everything they do and it needs continuous evaluation of the products and their sale in the market, customer demand and the variations produced by the competitors. In order to sustain in the changing and evolving field, marketing is essential. Disney has rightly tapped their potential in marketing. It has matched Situation Analysis with the declining attendance, Identified and Evaluated Opportunities with the growing technology which is available to improve customer experience, Implementing Marketing Mix with the installed GPS, sensors & other devices and finally Evaluating Performance with lesser crowding.

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when the cost of a long-term debt security is different from the maturity value, the difference is amortized over the remaining life of the security. group of answer choices true false

Answers

It is false that  the cost of a long-term debt security is different from the maturity value, the difference is amortized over the remaining life of the security.

What is long term debt security?

Instruments with an original maturity of more than a year fall under the category of long-term debt securities. Each consists of a document that, at the time it is issued, is more than a year in the future and reflects the issuer's promise to pay the holder the amount stated on the document's face. A government bond, corporate bond, certificate of deposit (CD), municipal bond, or preferred stock are a few examples of debt securities. Long-term liabilities, often known as long-term debts, are sums owed by a corporation to third parties and are due after 12 months. This sets them apart from current liabilities, which a business must settle within a year.

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management is considering offering a free breakfast to anyone upgrading from a super saver reservation to deluxe class. if the cost of the breakfast to round tree is $5, should this incentive be offered? yes with a little work, an unused office area could be converted to a rental room. if the conversion cost is the same for both types of rooms, would you recommend converting the office to a type i or a type ii room? why? the input in the box below will not be graded, but may be reviewed and considered by your instructor. could the linear programming model be modified to plan for the allocation of rental demand for the next night? what information would be needed and how would the model change? the input in the box below will not be graded, but may be reviewed and considered by your instructor.

Answers

The management is thinking about giving everybody who switches from a Super Saver booking to Deluxe class a free breakfast. The breakfast at Round Tree costs $5.

What is model of linear programming?

The computational mathematics method known as linear programming is used to maximize or minimize the value of a linear model when it is subjected to various constraints. In commercial planning, manufacturing engineering, and to a lesser extent in the physical and social sciences, this method has proven helpful for guiding quantitative judgments.

Yes, the reward should be provided. In this instance, a demand increase will result in a profit rise of $10, but the additional cost of the meal is merely $5.

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yowell company began operations on january 1, year 1. during year 1, the company engaged in the following cash transactions: 1) issued stock for $40,000 2) borrowed $25,000 from its bank 3) provided consulting services for $39,000 cash 4) paid back $15,000 of the bank loan 5) paid rent expense for $9,000 6) purchased equipment for $12,000 cash 7) paid $3,000 dividends to stockholders 8) paid employees' salaries of $21,000 what is yowell's net cash flow from operating activities?

Answers

The net cash flow from the operating activities of Yowell company is $65,000.

What is net cash flow?

Net cash flow refers to the increase or decrease in the amount of money over time (after all debts have been paid). After paying all of its operating expenses, a business is said to have positive cash flow if it still has money left over. A company is said to have a negative cash flow if it spends more on liabilities and obligations than it makes through operations. A company's negative cash flow doesn't necessarily indicate that it can't pay its debts; rather, it only indicates that the money it received during that time wasn't sufficient to do so. More sales earnings or fewer commitments, for example, could result in positive net cash.

Net cash flow= $40000+$25000= $65,000

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what role did promotional incentives, such as the bonus points, play in creating customer demand

Answers

Customer rewards aid in fostering customer loyalty. Additionally, they'll aid in brand recall by making your company's name more recognizable. Additionally, rewards will motivate customers to follow the same principles that are so essential to your business.

What is demand?

The amount of a good that customers are willing and able to buy at different prices during a specific time is known as demand in economics. The demand curve is another name for the relationship between quantity and price demand. Demand for a given product depends on a variety of factors, including perceived need, price, perceived quality, accessibility, alternatives offered, buyer preferences and disposable money. Demand in economics refers to a consumer's readiness to pay a particular price for goods and services as well as their desire to buy them. Demand for a good or service typically declines when its price goes up.

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Opportunity cost is not just about monetary cost; it includes anything other than the price of a good that a consumer gives up in order to buy his or her good of choice. Looking to invest in his first pair of dress shoes, Sean is deciding between a pair of slip-on shoes and a pair of traditional lace-up wingtips. In this case, the slip-ons cost $50 more than the wingtips. Which of the following should be included in the opportunity cost of buying the slip-ons

Answers

The savings made possible by buying wingtips. The opportunity cost of traditional wingtips is their classic appearance.

Why is opportunity cost important?

Understanding opportunity cost will help you make more informed decisions. When you fully appreciate the potential costs and benefits of each option you are contemplating, you may be able to make a more informed decision and be more prepared for any consequences of your choice. A corporation's financial statements do not explicitly account for opportunity cost. However, opportunity costs continue to be very significant from an economic standpoint. However, because opportunity cost is a relatively abstract concept, many companies, executives, and investors fail to consider it when making daily decisions. The time and money spent learning that could have been put to other uses make up the opportunity cost.

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The production possibilities of two countries If the two countries were to specialize and trade with one another, which country would import airplanes?

Answers

The nation without a competitive advantage in the manufacture of aircraft is the one that should import them.

If a nation produces at a reduced opportunity cost as compared to other nations, it has a comparative advantage in production. If a nation forgoes a smaller proportion of one alternative product when producing another, it has a lower opportunity cost. To decrease imports, protectionist trade measures are implemented.

International trade agreements and protectionist policies have an A connection. By lowering trade obstacles, international trade agreements typically counteract protectionist trade practises. This means that through promoting global trade, international policies counteract protectionist ones.

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Which of the following changes will necessarily occur as a result of an increase in the nominal interest rate: A
The money demand curve will shift to the left.
B
The money demand curve will shift to the right.
C
The money supply curve will shift to the left.
D
The quantity of money supplied will decrease.
E
The quantity of money demanded will decrease.

Answers

As a result of an increase in the nominal interest rate, the money demand curve will shift to the left.

What is the demand curve?

The demand curve is a graphical depiction of the connection between the cost of a commodity or service and the quantity required over a specific time period. The price will often be shown on the left vertical axis in a representation, and the amount needed will typically be shown on the horizontal axis.A demand curve often has a downward slope and is elongated. Almost all, if not all, demand curves for products follow this rule. Occasionally, a good's demand curve may be upward-sloping. The term "Giffen good" refers to goods with an upward-sloping demand curve.There are numerous varieties of curves in economics theory. The four main categories of demand curves are elastic, inelastic, individual, and market curves.

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a model of inventory management that identifies the optimum number

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A  model of inventory management that identifies the optimum number.

The statement is True

The different types of inventory management include finished goods, works-in-progress, maintenance, repair, and operations, or MRO .Economic Order Quantity (EOQ), Inventory Production Quantity, and ABC Analysis are three of the most widely used inventory management models. To help you determine how much stock you should have on hand, each of the inventory management models has a different approach.Inventory includes all unfinished products and raw materials that businesses keep on hand for production or that are offered for sale to customers. Perpetual and periodic inventories are two different types. Businesses track their available product inventory using both of these accounting techniques.

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What's the difference between effectiveness, efficiency, and productivity?

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Efficiency is the act of doing something sufficiently well, while productivity is merely the relationship between input and output. Effectiveness, on the other hand, refers to acting morally.

What is meant by effectiveness?Work on the "correct" things in order to be effective, i.e., those that generate business value and advance organizational objectives. Few teams today are successful at tying their current work to more general organizational goals. Executing on current objectives and coming up with new goods, services, and business strategies are key to being effective. Providing employees with the tools and encouragement they need to balance work and life is referred to as assuring quality of life. The ability to create or advance anything established is defined as efficacy by the dictionary. Getting something done, like achieving a goal or a goal successfully. Doing the right thing, finishing tasks, and accomplishing objectives are all aspects of managerial effectiveness. It cares about the outcome, in other terms.

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if capital stock's balance is $59,000, a/p balance is $12,000, retained earnings balance is $28,000 and cash's balance is $19,000, what is the balance of stockholder's equity?

Answers

After all liabilities have been paid, a company's residual assets are referred to as its stockholders' equity. This amount is computed by deducting total liabilities from total assets, or alternatively.

What kinds of things are liabilities?

A liability in financial accounting is described as the future economic gains that an entity must forfeit to other entities as a result of previous transactions or other previous events.

Any debts owed by your business to others, including bank loans, mortgages, unpaid bills, IOUs, and other sums of money, are referred to as liabilities. A liability exists when you owe someone money after making a promise to do so in the future.

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Answer:87,000$

Explanation:

because it just is

what is used to calculate an investor's cash-on-cash return if the property is purchased using all cash...?

Answers

If the property is totally paid for with cash, annual net cash flow is used to calculate the investor's cash-on-cash return.

What is Annual Net Cash Flow?

The difference between all of the company's cash inflows and cash withdrawals over a specific time period is known as net cash flow. It's a crucial sign of a business's financial stability.

An investor's cash-on-cash return is determined using annual net cash flow if the property is bought entirely with cash.

The net cash flow equation, conceptually, is the sum of a company's total cash inflows minus its total cash outflows.

The net cash flow, or "Net Change in Cash" line item, for the specified time, is represented by the sum of the three CFS sections.

Therefore, if the property is totally paid for with cash, annual net cash flow is used to calculate the investor's cash-on-cash return.

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strategic decisions are important, involve a significant commitment of resources, and should be easily reversible. [see p.12] group of answer choices true false

Answers

Strategic decisions are important, involve a significant commitment of resources, and should be easily reversible. [FALSE]

Characteristics/Features of Strategic Decisions Strategic decisions have a major resource proposition for an organization. These decisions may relate to owning new resources, managing others or reallocating others. Strategic decisions deal with aligning the capabilities of an organization's resources with threats and opportunities. Strategic decisions deal with various organizational activities. It's all about what they want the organization to do and what it's about. Strategic decisions involve major types of change since organizations operate in an ever-changing environment. Strategic decisions are complex. Strategic decisions are at the top level, are uncertain as they relate to the future, and involve a lot of risk. Strategic decisions are different from administrative and operational decisions. Administrative decisions are routine decisions that help or rather facilitate strategic decisions or operational decisions. Operational decisions are technical decisions that help implement strategic decisions. To reduce costs is a strategic decision that is achieved through an operational decision to reduce the number of employees and how we carry out this reduction will be an administrative decision.

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rest cent. 53. find the accumulated value of an investment of $10,000 for 5 years at an interest rate of 5.5% if the money is a. compounded semiannually; b. compounded quarterly; c. compounded monthly; d. compounded continuously

Answers

The total value of an investment of $10,000 made over the course of five years at an interest rate of 5.5 percent is 158276.3672.The time is compounded semi annualy.

What is 5 years compounded semiannually?

Let future value (FV) be PV = present value , r is the annual interest rate , n is the annual compounding frequency and t is the number of years the investment will last.

[tex]$\mathrm{FV}=\mathrm{PV}(1+\mathrm{r} / \mathrm{n})^{\mathrm{t}}$$10000\left(1+\left(\frac{5.5}{2}\right)^5\right)=158276.3672$[/tex]

The compounding time is six months when interest is compounded semiannually. The total interest accrued up to that point is therefore multiplied by nine when a five-year loan with semiannual compounding is taken out.

$10,000 is the starting balance, 10 years are required to invest, 5% interest will be earned during that time, and 12 times will be added to the initial balance. We must find the investment's future value FV. The investment you made will be worth $16,470.09 in ten years.

Therefore the correct answer is option a. compounded semiannually .

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question 5 fill in the blank: once an organization has explored the inherent risks of a project, its willingness to accept the possible outcomes of those risks is known as

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The readiness of an organization to accept the potential outcomes of those risks is known as risk appetite once the inherent hazards of a project have been investigated.

What do you mean by appetite for risk?

Risk appetite is the amount of risk that a company is willing to take on in order to achieve its goals before taking steps to lessen the risk. It represents a balance between the challenges that change invariably brings and the possible advantages of innovation. In order to potentially achieve greater growth or profit, a business with a higher risk appetite is essentially willing to accept greater uncertainty and volatility.

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a house worth $350,000 when purchased was worth $335,000 after the first year and $320,000 after the second year. if the economy does not pick up and this trend continues, what will be the value of the house after 6 years.

Answers

The average difference between the sequences is -$15,000, and the house will be worth $275,000 in six years if the economy does not improve.

What is arithmetic sequence ?

The arithmetic sequence is one in which the common difference between any two terms that come after it stays the same.

Let a1 be 350000, a2 be 335000, a3 be 320000, and a6 be the house's value six years from now.

So, we find the sequence's common difference:

d = a2 - a1 d = 335000-350000, d = -15000 Using the known values, we determine the house's value six years later.

a6 = a1 + (n-1)d ,

a6 = 350000 + (6-1)-15000 ,

a6 = 350000 + (5)-15000 ,

a6 = 350000 + (-75000) ,

a6 = 275000.

As a result, the common difference between the sequences is -$15000, and the house's value after six years would be $275000 if the economy did not improve.

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using the company's plantwide approach: a. compute the plantwide predetermined rate for the current year. b. determine the amount of manufacturing overhead cost that would have been applied to the koopers job.

Answers

By dividing the whole cost by both the total production volume, we can find the average cost.

What does an operating system job entail?

A job is the unit of operation that a system administrator (or a program known as a job scheduler) assigns to the operating system in some computer operating systems. Running an application program, for instance a weekly payroll software, is an example of a job.

What does the word "job" actually mean?

noun. a task performed, notably one that is particular, as part of one's regular workday or for a set fee: She assigned him the task of cutting the grass. a position of employment, either full- or part-time: She was looking for work as an editor.

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true/false. One of the reasons that structural unemployment exists because of fluctuations in economic activity. technological changes make the skills of the workers incompatible with the skills used on the job. workers may not be willing to accept jobs at the going wage rate. it takes time for people seeking jobs and employers seeking workers to find each other.

Answers

True, all of these reasons can cause structural unemployment. Variations in economic activity are one of the causes of structural unemployment.

What is structural unemployment?

Structural unemployment is a type of unemployment caused by changing economic conditions or technology that makes certain jobs obsolete. It occurs when there is a mismatch between the skills of the workers and the skills required by employers.

This type of unemployment is generally more persistent than other types of unemployment because it requires more time for workers to acquire the new skills needed to fill the available jobs.

Structural unemployment is a long-term problem and can be difficult to address, as it requires changes in educational and training systems, as well as labor market policies. It can also be caused by changes in global markets, such as when countries introduce new trade policies or open up their markets to foreign competition.

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Which of the following best describes a disadvantage of standard costing which might occur when the production manager purchases a large quantity of raw materials which results in the production manager overproducing to obtain a favorable fixed overhead variance

Answers

Management accounting is the process of providing financial resources and information to managers for decision-making.

Based on a set expectation of sales volume, a static budget is created. The discrepancy between actual and anticipated levels of activity is represented by a volume variance. The direct materials quantity variance is normally the responsibility of the production manager. When the actual variable overhead rate is lower than the expected variable overhead rate, the variable overhead rate variance is favorable. Favorable variations are recorded as credits, while unfavorable variances are debited. The difference between the number of real direct labor hours used and the number of standard direct labor hours multiplied by the standard variable overhead rate is known as the variable overhead efficiency variance. When making journal entries, the standard cost is a credit, whereas the actual cost is recorded as a debit.

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Avery wants to go into business as Boom! to make and market fireworks. When deciding which form of business organization would be most appropriate, Avery would normally take into account all of the following except?
a. ?the liability of the owners.
b. ?the forms of competitors’ business organizations.
c. ?tax considerations.
d. ?the need for capital.

Answers

Avery wants to go into business as Boom! to make and market fireworks. When deciding which form of business organization would be most appropriate, Avery would normally take into account all of the following except: b. the forms of competitors’ business organizations.

Given that a company organisation can take the form of a corporation, a partnership, or a sole proprietorship. As a result, there are numerous important elements that the business owner must take into account while selecting a type of business organisation. To name a few of these:

1. Establishment and financing costs

2. Control Level

3. The Amount of Shared Profits

4. Taxation Level.

5. Persistence and Portability.

6. Tolerance for risk.

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Which communications management practice includes specifying all of the communications systems and platforms that parties will use to share information?
Possible Answers:
Equipment Standards
Agreements
Policy and Planning
Standardized Communication Types

Answers

Communications management practice includes specifying all of the communications systems and platforms that parties will use to share information is Agreements option B is correct.

In law, agreement refers to a decision that is made jointly by two or more people, a board, assembly, or a court. It may also be referred to as an institution's resolution, convention, treaty, or agreement (any type of organisation or company, public or private, national and international).

Therefore, in order to have legal effects, it is the manifestation of a convergence of wills (decision by agreement). The primary legal consequence of the agreement is that, to the extent permitted by relevant law, it binds the parties to whom it is granted to share the same duties and rights (Pacta sunt servanda).

An agreement must have real purpose and legitimate grantor consent in order to be legally binding.

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a company works on three jobs and incurs the following: direct materials - $50,000 and direct labor - $100,000. the company uses a predetermined overhead rate of 60% of direct labor costs. how much overhead will be allocated to the three jobs? multiple choice question. $15,000

Answers

The three jobs will each receive a share of the $60,000 in overhead costs.

What does a business overhead mean?

All of your company's expenses, whether but not if you're actively creating something, are considered overhead costs. While overhead costs are charges that your organization pays regardless as to whether you produce one unit or 100,000, direct costs are expenses that are encountered when providing a product or service.

What expenses are included in overhead?

Costs associated with running a business that aren't directly tied to the creation of products or services but are nevertheless necessary. Rent, electricity, insurance, attorney costs, office equipment, marketing, payroll, and fee are a few examples of overhead expenses.

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more than 90 people representing a variety of interests attend the meeting to discuss the situation. conspicuously missing are company representatives of the meat packing plant. at this session, people begin to compare notes and stories and learn that the problem and the complaints come from a far larger area than was previously believed. 4. assuming those you invited attended, what are some of the immediate follow-up actions that can be taken by members of the group to resolve the situation?

Answers

Company representatives from the meat packing facility, local government authorities, such as safety and hazardous waste specialists, and residents with first-hand accounts of potential incidents are all present.

Which valuable data could you gather in advance of the conference?

The local fire department and the plant safety officer should be contacted to get more detailed information on plant conditions, and the State Emergency Response Commission and Local Emergency Planning Committee should be informed in advance to get information on plant emissions. Investigating suitable ammonia emission standards may also be a useful idea. (The "hotline" for Title III could be helpful.)

What are some immediate next measures that group members can take to address the problem, provided the people you invited showed up?

The county air quality office is asked to assess how many air pollutants are present nearby in order to determine whether the Clean Air Act has been broken. The Local Emergency Planning Committee is now obligated to provide copies of the data acquired under the Superfund Amendments and Reauthorization Act (SARA) and evaluate the facility's level of compliance. SARA has been updated.

If there have been any violations of the Clean Water Act, RCRA, or state environmental laws, the Coast Guard, EPA, and state natural resource officials are asked to investigate the fish kills in the river. Representatives of the union give their approval to the request for OSHA to inspect the factory to ensure compliance with health and safety laws. Along with that, the fire inspector agrees to check the plant for any fire code infractions.

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the longer the period of time allowed for the producer of a good to adjust to a change in the price of the good, the the price elasticity of supply will be. this statement assumes that the quantity supplied be altered with time. group of answer choices more elastic; can more elastic; cannot more inelastic; can more inelastic; cannot

Answers

a)The statement assumes that the price elasticity of supply will be more elastic with a longer period of time allowed for the producer to adjust to a change in the price of the good.

This is because, with a longer period of time, the producer has more options to adjust to the change in price. For example, they can invest in new technology to increase productivity, find new suppliers, or change production methods.

Additionally, they have more time to explore new markets and adjust their production levels accordingly. As a result, the quantity supplied can be more easily altered, making the price elasticity of supply more elastic.

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If a company which is included in the OEX pays a stock dividend, which of the following is true regarding the index option contract

Answers

Option D is correct. The following is true regarding the index option contract is
Stock indexes are not reduced for stock splits, stock dividends, or cash dividends. Since the aggregate value of all of that company's shares is included in the index, a stock split or dividend has no effect.

An index option contract is a financial contract that gives the holder the right, but not the obligation, to buy or sell a specific stock market index, such as the S&P 500 or the NASDAQ-100, at a predetermined price and date. The value of the contract is based on the value of the underlying index, and the holder of the contract can make a profit or loss based on the movement of the index.

Index options are used by investors as a way to speculate on the future direction of the stock market or as a way to hedge against market risk. They can also be used by institutional investors and traders as a way to manage portfolio risk and to gain exposure to the stock market without having to directly buy or sell individual stocks.

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Complete Question is -
If a company which is included in the OEX pays a stock dividend, which of the following is true regarding the index option contract?

I There is a reduction in the index value

II The index value remains the same

III There is an increase in the number of shares covered by the contract

IV The contract multiplier remains the same

A

I and III

BI and IV

CII and III

DII and IV

Which of the following regarding proxies must be provided to customers if they hold their securities at a member firm in street name?[A] Copies of red herrings of any secondary offering conducted by the issuer in the past two years[B] Annual reports published by the issuer[C] Any research report on the issuer that is published by the member firm[D] Any news story published in the media that discusses the proxy

Answers

Option B is correct. Clients holding securities of member companies in street name must provide the following in connection with their power of attorney: Annual report issued by the issuer.

A power of attorney is a legally authorized representative to act on behalf of another party, or a form that allows an investor to vote without being physically present at a meeting. Shareholders who do not attend the company's Annual General Meeting (AGM) may vote by proxy and may be voted by another person or by mail.

An agent is an agent legally authorized to act on behalf of another party. A proxy can also allow investors to vote without being physically present at the shareholder meeting. Management ensures that ownership is fully represented by encouraging proxy voting for shareholders unable to attend the Annual General Meeting. A proxy statement is a set of documents containing the information necessary to make an informed vote on an issue facing a company.

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which of the following refers to the opportunity to withdraw your money on short notice without incurring a loss in value?
a- compounding
b- liquidity
c- rate of return
d- safety
e- minimum deposit

Answers

The term "liquidity" describes how quickly and easily an asset can be changed into cash or assets that can be used as currency. In all other respects, a more liquid asset is more coveted because it can be consumed fast and cheaply (or not at all). As a result, cash can be withdrawn quickly without causing losses to liquid assets.

What distinguishes deposits from withdrawals?

What Sets a Deposit Apart from a Withdrawal. If you're wondering how a deposit and withdrawal differ from one another, the fact is that they are diametrically opposed: Money placed in a bank account as a deposit is kept there until needed. A withdrawal is the taking of money from your account.

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thom, jimmy, les, and danny are trying to form a band. they each have some basic skills on most instruments, so their current plan is for each of them to rotate among vocals, guitar, bass, and drums. after a year of practice and rehearsals the band still sounds awful. thom cannot keep a steady beat when on bass or drums, les sounds terrible on everything except the bass, nobody except jimmy can remember all the chords on guitar, and even danny's own mother thinks his singing sounds like a dying cow. at their current rate, they expect it will be several years before they are good enough to land their first paid performance. none of them have enough money saved up to last that long. they all know you are taking economics and ask your advice. what would you say to them?

Answers

The band should establish clear and realistic goals and work towards achieving them. They should also be flexible and open to adjusting their goals as they progress and grow as a band.

What are band roles and goals?

Band roles are the specific responsibilities and tasks assigned to each member of a band. These roles can include, but are not limited to:

1. Lead vocalist: responsible for singing the majority of the songs and being the main front person of the band

2. Guitarist: responsible for playing the guitar, which is often the lead instrument in a band

3. Bassist: responsible for playing the bass guitar, which provides the rhythmic foundation for the band

4. Drummer: responsible for keeping the beat and providing the rhythm for the band

5. Keyboardist/Pianist: responsible for playing the keyboard or piano, which can add a different dimension to the band's sound

6. Other roles like backup vocalist, percussionist, saxophonist, and others

I would advise the band to focus on their individual strengths and assign specific roles for each member. It may be that Thom excels on guitar, Les on bass, Jimmy on drums and Danny on vocals, for example. By assigning roles based on their strengths, the band will be able to improve more quickly and efficiently. Additionally, they should consider hiring a professional music coach or taking lessons to improve their skills. They should also set realistic goals and timelines for their progress and reassess their plan if they are not meeting those goals. Finally, they should start networking and building a fanbase in their local music scene, as well as looking into alternative ways to make money while they work on building their band, such as through crowdfunding or part-time jobs.

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malia's home has been assessed at $100,000. malia is a veteran whose disability from wartime service has been classified at 50%. what is her total homestead exemption?

Answers

The total homestead exemption is $25000.

What is homestead exemption?The homestead exemption is a way to minimize property taxes for homeowners. It is also a legal provision offered in most states that helps shield a home from some creditors following the death of a homeowner's spouse or the declaration of bankruptcy. The homestead tax exemption can provide surviving spouses with ongoing property tax relief, which is done on a graduated scale so that homes with lower assessed values benefit the most.The homestead exemption is helpful since it is designed to provide both physical shelter and financial protection, which can block the forced sale of a primary residence. However, the homestead exemption does not prevent or stop a bank foreclosure if the homeowner defaults on their mortgage. Foreclosure occurs when a bank takes possession of a home due to a failure to make timely mortgage payments.

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