The cross-price elasticity of the two goods when Good C increases in price by 20% a pound and Good D increases in quantity demanded by 30% is -1.5. The relationship between the two goods is that they are substitutes.
What is cross-price elasticity? The cross-price elasticity of demand refers to how the amount demanded of one commodity responds to a change in the price of another commodity.
Cross-price elasticity is a measure of the sensitivity of the quantity demanded of one commodity to changes in the price of another commodity.
When the price of good C increases by 20% a pound, the quantity demanded Good D increases by 30%.
We can use the formula below to calculate the cross-price elasticity of demand:
(% Change in Quantity Demanded of Good D) / (% Change in Price of Good C)
The cross-price elasticity of demand is calculated as: (30%) / (-20%) = -1.5
Cross-price elasticity is -1.5, rounded to one decimal place. A negative cross-price elasticity indicates that the two commodities are substitutes. So, when the price of Good C rises by 20%, the quantity demanded of Good D, its substitute, increases by 30%.
Therefore, we can conclude that the relationship between the two goods is that they are substitutes.
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A financial market is said to be ___________ if the pieces of securities reflect all information that is available to the public.
A financial market is said to be information efficient if the pieces of securities reflect all information that is available to the public information efficient.
What is information efficiency in the financial market?
How accurately and rapidly market prices reflect information and, as a result, the real value of an underlying asset. A market that is efficient will have perfect, full, immediate, and cost-free information transmission. In an effective market, asset prices accurately reflect all information that is available to market participants. As a result, it is impossible to profit ex-ante from trading assets in a market that functions effectively. Markets are efficient if they allocate resources to the most highly valued use and if rare and swiftly extinguished excess profit opportunities exist. Financial markets are typically efficient at allocating resources.Learn more about the Financial market with the help of the given link:
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Target profit is $100,000; fixed overhead costs are $120,000 and fixed selling and administrative costs are $50,000. If total variable cost is $675,000, the markup percentage to the variable cost using the variable cost method is:_______________
Answer: the markup percentage= 40 %
Explanation:
Markup, usually expressed as a percentage is the price one gets after selling a product from the difference of the purchase cost and selling price. The greater the markup, the more profit after sale of products.
To compute the markup percentage to variable cost using the variable cost method, we use the formulae
Markup=Target profit + fixed overhead cost + fixed selling and administrative costs) / total variable cost
$100,000 + $120,000 +$50,000 /$675,000
=0.4 x 100 = 40%
Markup percentage =40
Sunland Industries has the following current assets and liabilities on the company's balance sheet: Cash $19000; Accounts Receivable $7400; Inventory \$55000; Prepaid Rent \$3300; Accounts Payable \$18000; Long-Term Notes Payable \$20000; and Unearned Revenue $4000. The company's acid-test ratio would be 1.20:1
1.31:1
2.02:1
0.50:1
The acid-test ratio for Sunland Industries is approximately 1.20:1.The correct answer is option A.
Based on the provided information, we can calculate the acid-test ratio of Sunland Industries by considering the company's liquid assets compared to its current liabilities.
The acid-test ratio, also known as the quick ratio, measures a company's ability to pay off its current liabilities using its most liquid assets.
The formula for the acid-test ratio is:
Acid-Test Ratio = (Cash + Accounts Receivable + Marketable Securities) / Current Liabilities
From the given data, we can identify the following liquid assets: cash ($19,000) and accounts receivable ($7,400). Marketable securities are not mentioned, so we assume they are not included.
The current liabilities consist of accounts payable ($18,000) and unearned revenue ($4,000). Long-term notes payable is not considered a current liability and is therefore excluded from the calculation.
Acid-Test Ratio = (19,000 + 7,400) / (18,000 + 4,000) = 26,400 / 22,000 ≈ 1.20
Therefore, the acid-test ratio for Sunland Industries is approximately 1.20:1. This means that the company has $1.20 of liquid assets available for every $1 of current liabilities, indicating a relatively healthy liquidity position.
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review question explain why diversification is such an important concept when it comes to investing for your future.
Due to its ability to reduce risk and improve overall portfolio performance, diversification is a crucial idea in investing for the future. Diversification attempts to lessen the negative effects of any one underperforming investment on the portfolio as a whole by distributing assets among several asset classes, sectors, locations, and securities.
First off, diversification aids in reducing exposure to the risk associated with specific assets. Under various market circumstances, various asset classes—such as stocks, bonds, and real estate—tend to perform differently. When one asset class performs poorly, another may make up for it, reducing losses and balancing overall returns.
Second, diversification reduces exposure to specific hazards related to certain businesses or industries. The effects of any unfavourable occurrences or industry-specific risks are lessened by investing across a variety of businesses and assets.This lessens the possibility of substantial losses as a result of things like regulatory adjustments, technology upheavals, or economic downturns affecting a certain sector.
Last but not least, diversification increases the chance of long-term growth. Contrary to concentrated portfolios, diversified portfolios have historically demonstrated more stable returns over time. Diversification increases the possibility of profiting from numerous economic sectors by preventing an overreliance on a single investment and enabling participation in a variety of market opportunities.
In conclusion, diversity is essential for long-term investing since it lowers exposure to specific risks, protects against volatility, lowers risk exposure overall, and increases the possibility for long-term growth. Investors may be able to strike a balance between risk and return while increasing their chances of reaching their financial objectives by taking a diversified approach.
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Price elasticity of demand for d1= -3. 60 yolanda
Demand is elastic at the midpoint of a linear demand curve. Four demand curves are shown in Figure 5.5, "Demand Curves with Constant Price Elasticities," where the price elasticity of demand is constant throughout. In Panel (a), the demand curve is vertical.
This implies that variations in price have no impact on the quantity sought. Equation 5.2's formula for the price elasticity of demand (% change in amount demanded) has zero as its numerator. In this situation, the demand curve is referred to as being perfectly inelastic since the price elasticity of demand is equal to zero. In essence, the minus sign is disregarded since it is anticipated that the connection between amount demanded and price will be negative (inverse).
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the performance of a bank that continually concentrates on short-term deposits in euros and adjustable-rate dollar loans with equal rate sensitivity is
The performance of a bank that continually concentrates on short-term deposits in euros and adjustable-rate dollar loans with equal rate sensitivity can be influenced by several factors. Firstly, the performance of the bank will depend on the prevailing interest rate environment.
If interest rates are stable or favorable, the bank may benefit from the spread between the higher interest rates on adjustable-rate dollar loans and the lower rates paid on short-term euro deposits. This spread can contribute to the bank's profitability and overall performance. However, if interest rates fluctuate significantly or move in an unfavorable direction, the bank may face challenges. The rate sensitivity of the adjustable-rate dollar loans means that the interest income generated from these loans will be impacted by changes in market rates. If rates decrease, the interest income from the loans may decline, potentially affecting the bank's profitability.
Additionally, the bank's reliance on short-term euro deposits can also pose risks. If there is a sudden withdrawal of deposits or a shift in customer preferences towards other types of accounts or currencies, the bank may face liquidity challenges. Therefore, the performance of the bank will be influenced by its ability to effectively manage interest rate risk, maintain a stable deposit base, and adapt to changing market conditions to ensure sustained profitability and stability.
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The market revolution brought an innovation in labor practices called ""piece work. "" what is the piece work system?.
Division of production into discrete steps performed by different workers is the piece work system.
Production is the technique of combining various material inputs and immaterial inputs if you want to make some thing for intake. it is the act of creating an output, an amazing or service which has fee and contributes to the utility of individuals
Manufacturing is the system of creating or manufacturing items and merchandise from uncooked materials or additives. In different words, manufacturing takes inputs and makes use of them to create an output which is healthy for consumption – a great or product which has price to an cease-user or client.
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If the stock turnover rate for your industry is 3, how many months' worth of inventory should you keep in stock at all times? (a) 2. (b) 3, (c) 4,
(d) 9.
Answer:
2
Explanation:
The NOI for a small income property is expected to be $154,800 for the first year. Financing will be based on a 1. 2 DCR applied to the first year NOI, will have a 10 percent interest rate, and will be amortized over 20 years with monthly payments. The NOI will increase 3 percent per year after the first year. The investor expects to hold the property for five years. The resale price is estimated by applying a 9 percent terminal capitalization rate to the sixth-year NOI. Investors require a 15 percent rate of return on equity (equity yield rate) for this type of property. Required: a. What is the present value of the equity interest in the property
The present value of the equity interest in the property is $570
To calculate the present value of the equity interest in the property, we need to determine the net operating income (NOI) for each year, discount them to present value, and then sum them up.
Step 1: Calculate the annual NOI for each year.
Year 1 NOI: $154,800
Year 2 NOI: $154,800 * 1.03 = $159,444
Year 3 NOI: $159,444 * 1.03 = $164,233
Year 4 NOI: $164,233 * 1.03 = $169,179
Year 5 NOI: $169,179 * 1.03 = $174,286
Step 2: Discount the NOI to present value using the equity yield rate.
PV Year 1: $154,800 / (1 + 0.15) = $134,608
PV Year 2: $159,444 / (1 + 0.15)^2 = $122,271
PV Year 3: $164,233 / (1 + 0.15)^3 = $112,825
PV Year 4: $169,179 / (1 + 0.15)^4 = $104,235
PV Year 5: $174,286 / (1 + 0.15)^5 = $96,442
Step 3: Calculate the present value of the equity interest by summing up the discounted values.
PV Equity Interest = PV Year 1 + PV Year 2 + PV Year 3 + PV Year 4 + PV Year 5
PV Equity Interest = $134,608 + $122,271 + $112,825 + $104,235 + $96,442
PV Equity Interest = $570,381
Therefore, the present value of the equity interest in the property is $570
To calculate the present value of the equity interest in the property, we need to determine the net operating income (NOI) for each year, discount them to present value, and then sum them up
Step 1: Calculate the annual NOI for each year.
Year 1 NOI: $154,800
Year 2 NOI: $154,800 * 1.03 = $159,444
Year 3 NOI: $159,444 * 1.03 = $164,233
Year 4 NOI: $164,233 * 1.03 = $169,179
Year 5 NOI: $169,179 * 1.03 = $174,286
Step 2: Discount the NOI to present value using the equity yield rate.
PV Year 1: $154,800 / (1 + 0.15) = $134,608
PV Year 2: $159,444 / (1 + 0.15)^2 = $122,271
PV Year 3: $164,233 / (1 + 0.15)^3 = $112,825
PV Year 4: $169,179 / (1 + 0.15)^4 = $104,235
PV Year 5: $174,286 / (1 + 0.15)^5 = $96,442
Step 3: Calculate the present value of the equity interest by summing up the discounted values.
PV Equity Interest = PV Year 1 + PV Year 2 + PV Year 3 + PV Year 4 + PV Year 5
PV Equity Interest = $134,608 + $122,271 + $112,825 + $104,235 + $96,442
PV Equity Interest = $570,381
Therefore, the present value of the equity interest in the property is $570
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Llcs are mainly capitalized via _______ or through the sale of _______ ownership in the llc itself.
LLCs (Limited Liability Companies) are mainly capitalized via "contributions" or through the sale of "membership" ownership in the LLC itself.
Contributions refer to the initial capital or assets that the members of an LLC invest in the company. These contributions can take various forms, such as cash, property, equipment, intellectual property, or services. Members contribute these resources to the LLC in exchange for ownership interests or membership units. The value of these contributions determines the ownership stakes or percentage of membership interests that each member holds in the LLC.
In addition to contributions, LLCs can also raise capital by selling membership ownership in the company. This involves offering membership interests or units to outside investors or individuals who want to become part-owners of the LLC. These membership interests represent an ownership stake in the LLC and entitle the holders to share in the profits, losses, and decision-making of the company.
The sale of membership ownership allows LLCs to raise additional funds for their operations, expansion, or other business needs. The terms and conditions of the sale, including the price, percentage of ownership, and any specific rights or privileges associated with the membership interests, are typically outlined in an operating agreement or similar legal document.
It's worth noting that LLCs provide flexibility in terms of capitalization, allowing members to structure their contributions and ownership interests based on their agreements and the needs of the business. The specific details of capitalization can vary depending on the jurisdiction and the specific circumstances of the LLC. Consulting with legal and financial professionals is recommended to ensure compliance with applicable laws and regulations.
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Calculating the Human Development Index We will work with data here from Gabon. I will round the numbers a lot to make them cleaner for our calculations. Here is some data for this country for the years 2008 C.E. and 2019 C.E. This data also includes thew Max and Min values used for each indicator in the calculation of the HDl. Gabon 2019 Gabon 66.5 13 13930 8.7 2008 Gabon 56.2 84 72.4 6,954 Indicator Life Expectancy at Birth Expected Years of Schooling GNI per capita (PPP) Mean Years of Schooling Max 85 18 In(75,000) 15 Min Indicator 20 Life Expectancy at Birth 0 Adult Literacy Rate In(100) Gross Enrollment Rate 0 GDP per capita Max 85 100 100 log(40,000) Min 25 0 0 log(100) Given the above data: a) Calculate the Old Human Development Index for 2008. b) Calculate the New Human Development Index for 2019.
The Human Development Index (HDI) is an important metric for measuring and comparing human development across different countries and regions.
It is based on three key indicators: life expectancy at birth, expected years of schooling, and Gross National Income (GNI) per capita (PPP). Given the data for Gabon in the years 2008 and 2019, we can calculate the Old and New HDI using the following formula:Old HDI = (Life expectancy index + Education index + GNI per capita index) / 3 New HDI = (Life expectancy index + Education index + GNI per capita index) / 3 where,Life expectancy index = (Actual life expectancy - Minimum life expectancy) / (Maximum life expectancy - Minimum life expectancy) Education index = (Actual years of schooling - Minimum years of schooling) / (Maximum years of schooling - Minimum years of schooling) GNI per capita index = ln (Actual GNI per capita) - ln (Minimum GNI per capita) / ln (Maximum GNI per capita) - ln (Minimum GNI per capita) Using the given data, we can calculate the Old HDI for 2008 and the New HDI for 2019 as follows: a) Calculate the Old Human Development Index for 2008.
Old HDI = (Life expectancy index + Education index + GNI per capita index) / 3 Life expectancy index = (56.2 - 25) / (85 - 25) = 0.5161 Education index = (6,954 - 0) / (15 - 0) = 0.4636 GNI per capita index = ln (6,954) - ln (100) / ln (40,000) - ln (100) = 0.4755 Old HDI = (0.5161 + 0.4636 + 0.4755) / 3 = 0.4851 Therefore, the Old Human Development Index for 2008 is approximately 0.4851.b) Calculate the New Human Development Index for 2019.New HDI = (Life expectancy index + Education index + GNI per capita index) / 3Life expectancy index = (66.5 - 25) / (85 - 25) = 0.8356 Education index = (13 - 0) / (18 - 0) = 0.7222 GNI per capita index = ln (13,930) - ln (100) / ln (75,000) - ln (100) = 0.6336 New HDI = (0.8356 + 0.7222 + 0.6336) / 3 = 0.7305 Therefore, the New Human Development Index for 2019 is approximately 0.7305.
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When exchanges are taking place
between nations with specialized
products, what is the result?
A. Businesses and consumers will benefit more.
B. Trade wars occur.
C. Prices of all products increase.
D. World-wide economic depression happens.
Answer:
B
International trade allows countries to expand their markets and access goods and services that otherwise may not have been available domestically. As a result of international trade, the market is more competitive. This ultimately results in more competitive pricing and brings a cheaper product home to the consumer.
The result of an exchanges between nations with specialized products will be that businesses and consumers will benefit more.
What caused the Consumer benefits?Because a product specialization means that the opportunity cost of production is lower which means more goods are produced and prices are lower.
Therefore, the Option A is correct.
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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1. Based on the profit-loss statement, does Rings and Things have a positive or negative cash flow?
Why?
Answer:
They have a negative cash flow.
Explanation:
Because their net operating activities is not breaking even, in other words, they are losing money.
Describe typical decision strategies used by consumers to make a choice in this product category. What model best predicts choice?
- product category is a ticket purchasing site (Stubhub, event brite etc)
Detailed response please
Consumers typically use several decision strategies when making a choice in the ticket purchasing site product category. These strategies include habitual buying, brand loyalty, price sensitivity, and information search. The model that best predicts choice in this product category is the Theory of Reasoned Action.
Habitual buying refers to purchasing tickets from a preferred site or brand without considering alternatives. Brand loyalty is similar but involves a conscious decision to stick with a particular brand due to satisfaction with past experiences.
Price sensitivity involves searching for the best deal, comparing prices across multiple sites. Finally, information search involves researching various sites and reading reviews to make an informed decision.
This model suggests that consumers' attitudes and subjective norms influence their behavior. In the case of ticket purchasing sites, attitudes towards a particular brand or site, as well as the perceived opinions of others, can greatly impact decision making.
Additionally, perceived behavioral control, or the individual's belief in their ability to successfully use the site, is also an important factor.
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Bart, Inc., a newly organized corporation, uses the equity method of accounting for its 30% investment in Rex Co.'s common stock. During 20X5, Rex paid dividends of $300,000 and reported earnings of $900,000. In addition: The dividends received from Rex are eligible for the 80% dividends-received deduction. All the undistributed earnings of Rex will be distributed in future years. There are no other temporary differences. Bart's 20X5 income tax rate is 30%. The enacted income tax rate after 20X5 is 25%. In Bart's December 31, 20X5 balance sheet, the deferred income tax liability should be
Answer:
The right answer is "$9,000". A further explanation is given below.
Explanation:
The given values are:
Rex paid dividends,
= $300,000
Reported earnings,
= $900,000
Investment,
= 30%
Taxable rate applicable,
= 25%
Now,
Throughout the future years, the amount of dividends taxable will be:
= \((900,000 - 300,000)\times 30 \ percent\)
= \(180,000\) ($)
Dividends received deduction will be:
= \(180,000\times 80 \ percent\)
= \(144,000\) ($)
then,
Net taxable dividend will be:
= \(180,000-144,000\)
= \(36,000\)
hence,
Deferred tax liability will be:
= \(36,000\times 25 \ percent\)
= \(9,000\) ($)
Roenfeld Corp believes the following probability distribution exists for its stock. What is the coefficient of variation on the company's stock? 0.6121 0.3992 0.6653 0.5322
The mean return of the stock is 55.22% and the coefficient of variation is approximately 18.14%.
the actual return values: 0.6121, 0.3992, 0.6653, and 0.5322, we can calculate the mean return as follows:
Mean Return = (Return 1 + Return 2 + Return 3 + Return 4) / Number of Returns
Mean Return = (0.6121 + 0.3992 + 0.6653 + 0.5322) / 4
Mean Return = 0.5522
Next, we calculate the standard deviation (σ) using the actual return values and the mean return:
Standard Deviation = √[(1/N) * Σ(Return - Mean Return)^2]
Standard Deviation = √[(1/4) * ((0.6121 - 0.5522)^2 + (0.3992 - 0.5522)^2 + (0.6653 - 0.5522)^2 + (0.5322 - 0.5522)^2)]
Standard Deviation = √[(1/4) * (0.00903721 + 0.01885504 + 0.01384861 + 0.00039924)]
Standard Deviation = √[0.0100341]
Standard Deviation ≈ 0.10017
Now, we can calculate the coefficient of variation:
Coefficient of Variation (CV) = (Standard Deviation / Mean Return) * 100
CV = (0.10017 / 0.5522) * 100
CV ≈ 18.14%
Therefore, the coefficient of variation on the company's stock is approximately 18.14%.
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Conduct research on cases and issues in global trade. What types of businesses are best suited for doing business online?
Why? What type of issues might an online business deal with in the global market?
Operating a business online entails dealing with technical obstacles, security concerns, and consumer distrust.
Research based problem:While you can avoid or at least mitigate these difficulties, it's critical for company owners to keep an eye on prospective concerns in order to avoid big calamities.
Because the main providers they provide are information-based, professional service based firms are well-suited for the Internet.
Because the provision of these services necessitates the provider's physical presence, a household chores or lawn maintenance service company is not well suited for the Internet.
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Here are 50 points have a good day or night, hope this helps u out :)
hi there!
thank you so much, are you sure you dont have any question(s) that i could help you with? because i would be more then happy to help! :)
i hope you have a great rest of your day <3
you are such a good person thank you!
The Food and Drug Administration sets standards for
O advertising.
O product labeling.
O the environment.
O traffic safety.
Answer:
B. Product Labeling
Explanation:
From quizlet
The Food and Drug Administration sets standards for product labeling.
What is product labeling?Product labeling is the details information of what a products entails and this is often writing on the product.
Product labeling is an important standards set by Food and Drug Administration as this help the consumer to be know the following:
The product ingredientHow healthy or unhealthy the product are etcInconclusion the Food and Drug Administration sets standards for product labeling.
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in the past, kohl’s has been losing sales to amazon. why then would it enter into a partnership with one of its most fierce competitors?
Kohl’s will want to enter into a partnership with Amazon with hopes of increasing its store traffic by bringing Amazon customers in.
Partnership is basically the coming together of two of more companies or individual with a common goal.
Let bear in mind that Partnership is different from Acquisition or Merger because each owner is entitled to their share of profit.
Through this partnership, Kohl's and Amazon will both benefit from the arrangement.
Currently, Kohl's has a large number of physical stores which Amazon has no access to. So therefore, Kohl's will benefits from Amazon's strong online customer base.
Therefore, Kohl’s will want to enter into a partnership with Amazon with hopes of increasing its store traffic by bringing Amazon customers in.
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Explain why the credit industry wants you to believe that you need a credit score
Answer:
Because the credit industry gains a profit from it's users. Credit is a tool, and if used wisely can be beneficial for many people who don't have enough cash to pay for things. Having "good" credit score means that it's easier for you to receive a loan.
Let understand that Credit score refers the score which tells about a consumer's creditworthiness.
In practice, the higher the credit score of an individual, the higher the rate of repayment of credit gotten.
The Credit scoring is used the lenders to help them decide whether to borrow, extend or deny credit.
Therefore, the credit industry wants one to believe you need credit score because its helps them to ascertain your creditworthiness.
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A company purchased a machine for $190,000. The machine has an estimated useful life of 8 years and a salvage value of $10,000. It is estimated that the machine could produce 75,000 parts over its useful life. In the first year, 15,000 parts were produced. In the second year, 19,000 parts were produced. Using the units-of-activity/production method, what is the net book value of the machine at the end of the second year
Answer:
$108,400
Explanation:
The computation of the net book value of the machine at the end of the second year is shown below:
But before that the accumulated depreciation would be determined
For first year, the depreciation expense is
= ($190,000 - $10,000) × 15,000 ÷ 75,000
= $36,000
For the second year, the depreciation expense is
= ($190,000 - $10,000) × 19,000 ÷ 75,000
= $45,600
Now the net book value is
= $190,000 - $36,000 - $45,600
= $108,400
the laissez faire model is inspired by the work of which economic philosopher?
Laissez faire model was inspired by John Stuart Mill's book "Principles of Political Economy" (1848). This model states that the government should not be heavily involved in the market, and should have a hands off approach.
I hope this helped! :)
The model of laissez-faire was inspired by the work of John Stuart Mill, who was an economic philosopher.
What is a laissez-faire model?Laissez-faire is a free-market economic ideology that opposes government interference. During the 18th century, the French Physiocrats created the laissez-faire philosophy. Laissez-faire proponents believe that when governments intervene in industry and markets, economic prosperity suffers.
John Stuart Mill's work "Principles of Political Economy" influenced the laissez-faire paradigm (1848). According to this concept, the government should not be overly involved in the market and should take a hands-off attitude.
Therefore, it can be concluded that John Stuart Mill work was inspired by the laissez-faire model.
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1. Discuss why is finding and implementing the right pricing strategy critical to a company’s success?
The importance of pricing in business is one of the most important features that decides the profitability of the business. Following are the suitable reasons for it :
1) Effects on the profit margins - The pricing of the product determines how much the company will make per unit of the product sold. If the pricing is apt, then the items sold will eventually increase and profitability will rise.
2) Competition - Competition in the market depends ultimately on the pricing and quality of the product. The right pricing of the product (low from your competitors) gives you a competitive advantage over other similar competitors.
Thus, setting the right price is very critical in a business. (for example how setting prices to 99$ and 100$ makes the difference).
An example of a well-priced product/company is Mcdonald's, it uses the low-cost strategy to maximize its profit and market share. It follows the right pricing of its products, which gives McDonald's an edge over its customers and capitalizes on the e-market.
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1. Despite the expense, why might a business choose to mail a catalog?
Answer:
Catalogs can promote a business's brand by displaying them in high-traffic areas and distributing them in stores. Customers often have an idea of what they want to buy after looking through a catalog. But, they'll likely find other items they want to buy when they go online or to a brick-and-mortar store to order.
If you lose your job in this country, you can claim unemployment and collect money to help you until you can find another job. This is because of economic
security
freedom
equity
growth
(I couldn’t find economics lol)
This is because of economic "Economic Security".
Economic security is characterized as a person's, family's, or alternately local area's capacity to meet their essential requirements in a feasible and honorable way. This shifts relying upon a person's actual prerequisites, the general climate, and social standards.
When a person is able and eager to work, but they are not employed, they are considered to be unemployed. A person's percentage of the labour force who is jobless is known as the unemployment rate. Consequently, knowing who is employed is necessary to calculate the unemployment rate.
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your identifying information belongs at the bottom of your resume. group of answer choices true false
False, the statement is wrong. Your identifying information belongs at the bottom of your resume.
A resume is a crucial tool in your job hunt since it gives you space on one or two pages to highlight your qualifications for a position. Employers use resumes to help with recruiting decisions and to help you land your first interview. The organization of your resume and the material you choose to include are important because of this. A resume is a formal overview of your credentials, professional experience, accomplishments, and talents. The French word "résumé," which means "to summarize," is where the word "resume" originates. The majority of resumes have sections that list your professional summary, work experience, education, abilities, awards, and any other accomplishments that are relevant to your career path and ambitions.
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A company is considering several software as a service (saas) platform providers to manage their talent lifecycle of hiring, onboarding, ongoing career development, and payroll. where should the company primarily focus when evaluating different saas providers?
When evaluating different SaaS providers, the company should primarily focus on the provider's ability to deliver the desired functionality, reliability, and security.
What is SaaS?
A method of distributing applications over the internet as a service is known as software as a service (or SaaS). SaaS applications, also known as Internet software, on-demand software, as well as hosted software, let you access software over the Internet without having to install and maintain it. This relieves you of the burden of complicated software as well as hardware management. Whatever name they go by, SaaS applications run just on servers of a SaaS provider. Security, availability, and performance of access to the application are all managed by the provider. A good analogy for the SaaS model is a bank, which protects each customer's privacy while offering a service that is dependable and secure—on a large scale. Customers of a bank can use the same financial technology and systems without being concerned about unauthorised access to their personal data.
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Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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