Answer:
Gasoline market
D. higher equilibrium prices and lower equilibrium quantity
Car market
A. higher equilibrium prices and lower equilibrium quantity
Explanation:
As the demand supplies decreases, the equilibrium quantity will decrease while the price increase Assuming everything else remains constant.
The car market from which gasoline plays a lead cost of the automobile industry will also suffer a decrease in the supply as higher input cost makes the price go up.
Higher input cost makes supply decrease as well.
Also the demand for car will decreaase as the maintenance cost associate with a car may decrease the demand
This will defenetively decrease the quatity and make the price go up.
Increased tensions in the Middle East resulting in a 5 percent reduction in the world's supply of crude oil would likely lead to higher equilibrium prices and lower equilibrium quantity in the gasoline market, and lower equilibrium prices and higher equilibrium quantity in the small car market.
Explanation:The likely impact of a 5 percent reduction in the world's supply of crude oil due to increased tensions in the Middle East would result in higher equilibrium prices and lower equilibrium quantity in the gasoline market. This is because a decrease in oil production would lead to a decrease in gasoline supply, which in turn would increase the price of gasoline.
In the small car market, the impact would result in lower equilibrium prices and higher equilibrium quantity. This is because with higher gasoline prices, consumers would likely shift towards smaller, more fuel-efficient cars, increasing the demand for small cars and decreasing their prices.
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If a firm's expected growth rate increased then its required rate of return would a. increase. b. possibly increase, possibly decrease, or possibly remain constant. c. decrease. d. fluctuate more than before. e. fluctuate less than before.
Answer:
The correct answer is option (B).
Explanation:
According to the scenario, the rate of return would possibly increase, possibly decrease, or possibly remain constant because of the following reasons :
In an organization, the rate of return depends on many terms i.e stock rate, dividends, etc. The rate of return increases when dividends do not increase with the growth rate. The rate of return decreases when dividends increase with the growth rate.
Residents of your city are charged a fixed weekly fee of $6 for garbage collection. They are allowed to put out as many cans as they wish. The average household disposes of three cans of garbage per week under this plan. Now suppose that your city changes to a "tag" system. Each can of garbage to be collected must have a tag affixed to it. The tags cost $2 each and are not reusable. What effect do you think the introduction of the tag system will have on the total quantity of garbage collected in your city? Under the "tag" system, the total quantity of garbage collected in the city will .
Final answer:
The introduction of the tag system is expected to reduce the total quantity of garbage collected in the city as residents may opt to limit their disposal to the average three cans.
Explanation:
In the current garbage collection system, residents are charged a fixed fee of $6 per week and can dispose of as many cans of garbage as they want. Under this system, the average household disposes of three cans of garbage per week. If the city changes to a tag system, where each can of garbage requires a $2 tag that is not reusable, it is likely that the total quantity of garbage collected in the city will decrease.
The introduction of the tag system will likely discourage residents from disposing of excess garbage, as they would need to purchase a tag for each additional can beyond the average three cans. This added cost incentivizes individuals to be more mindful of their waste and potentially reduce the amount of garbage they produce.
Therefore, the tag system is expected to reduce the total quantity of garbage collected in the city, as households may opt to limit their disposal to the average three cans to avoid the additional expense of purchasing tags.
Phil, a quality assurance expert, recently left his position in the automotive industry and now works in construction equipment manufacturing. He needs to become familiar with who his company's competitors are, their competitive advantages, their locations, their product lines, and anything else he can learn about them. Phil is seeking ____________.
A. core competency
B. trade secrets
C. competitive intelligence
D. a means-end chain
E. corporate espionage
Answer:
C. competitive intelligence
Explanation:
Phil is seeking competitive intelligence because he is trying to find important information about the company's competitors.
The main reason why is tasked with finding information about competitor's locations, advantages and product lines is because his company wants to use that information for their own advantage, in order to gain a competitive edge over the other companies, or close the gap in case it is lagging behind.
Answer:
The correct answer is letter "C": competitive intelligence.
Explanation:
Competitive intelligence refers to the process of gathering external information in an attempt to improve a company's competitive advantage. That information is mainly related to the activity of competitors and the surrounding environment of the business which can also help to identify opportunities and threats.
g Salmont Corporation uses the FIFO method in its process costing system. The company reported 28,000 equivalent units of production for materials last month. The company's beginning work in process inventory consisted of 7,500 units, 40% complete with respect to materials. The ending work in process inventory consisted of 5,500 units, 70% complete with respect to materials. The number of units started during the month was:
Answer:
25,150 units
Explanation:
The question is to determine the number of production units that were started during the month.
Note that the company uses the First In First Out method for Process costing
Description Units in Process completion (%) Equivalent
completed (units)
The Equivalent Units 28,000 100 28,000
Subtract:
Opening Work-in- progress 7,500 60 4,500
Closing Work in Progress 5,500 70 3,850
Equivalent Units Started and Completed 19,650
Step 2: Equivalent Units Started
= Eqivalent Units started and completed + Total Ending Units
= 19,650 + 5,500 = 25,150 units
Nadal Corporation manufactures custom molds for use in the extrusion industry. The company allocates manufacturing overhead based on machine hours. Selected data for costs incurred for Job 532 are as follows: Direct materials used $ 5 comma 100 Direct labor cost $ 36 comma 900 Predetermined manufacturing overhead rate based on machine hours $ 18 Direct labor hours worked 4 comma 000 Machine hours used 230 What is the manufacturing cost of Job 532?
Answer:
Manufacturing cost of job 532 = $46140
Explanation:
Given Data:
Direct Material Cost= $5,100
Direct Labor Cost=$36,900
Predetermined manufacturing overhead rate based on machine hours=$18
Direct labor hours worked =4,000
Machine hours used= 230
Required:
Manufacturing cost of Job 532=?
Solution:
Manufacturing cost=Direct Material Cost+Direct Labor Cost+(Manufacturing overhead rate * Machine hours used)
Manufacturing cost= $5,100+$36,900+($18*230)
Manufacturing cost= $46140
The total manufacturing cost of Job 532 is $46,140, calculated by adding up the costs of direct materials ($5,100), direct labor ($36,900), and manufacturing overhead ($4,140).
Explanation:The total manufacturing cost for Job 532 includes the costs of direct materials, direct labor and overhead. The direct materials cost is $5,100 and direct labor cost comes to $36,900. The predetermined overhead rate is $18 per machine hour, therefore the overhead cost is the predetermined rate times the number of machine hours used, which equals to $18 x 230 = $4,140. Once you add up these three costs, you'll have the total manufacturing cost of Job 532, which is $5,100 (Direct material) + $36,900 (Direct labor) + $4,140 (Overhead) = $46,140.
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Franco breeds a wide variety of fish. For the last nine years he has been going to Fins-to-You, a local pet store that specializes in tropical fish and aquarium supplies, for all of his needs. He buys everything from fish food to aquarium heaters to replacement fish from this store. Which of the following terms best describes the relationship Franco has with Fins-to-You?
functional relationship
Functional relationship best describes the relationship Franco has with Fins-to-You.
Explanation:
A functional relationship connects roles or administrative structures at varying management categories based on the specialization aspect of a role for which equal responsibility is exchanged.
The relationship between time and distance is a true example of a functional relationship. We are all mindful that travel distances take time and it takes some time to do so when we drive some distance (or stand still). A practical interaction is the relationship between distance and time.
Which of the following circumstances must be present for departmental overhead allocation to be favored over a traditional overhead allocation method? A. Each department incurs different types and amounts of manufacturing overhead. B. Each product, or job, uses the department to a different extent. C. Both A & B D. None of the above. Traditional overhead allocation is more accurate than departmental overhead allocation.
Answer:
B. Each product, or job, uses the department to a different extent.
Explanation:
Departmental overhead rates uses a standard charge that is based on produced units attributed to a department.
Costs are applied with high precision.
When this model is used, the standard rate is multiplied by the number of units produced in the department, so there is no over allocation of resources.
For example if we consider the hours a machine operates. With a standard rate of $10 per hour, machine operation of 6 hours will give $10* 6 hours= $60
how would you handle a situation in which the supervisor of another department approaches you with a strong complaint about one of your employees?
Answer:
i would ask for more proof and check on that employee
Explanation:
According to economic historians, modern economic growth first happened in a. 1776, when Scottish inventor James Watt perfected a powerful and efficient steam engine b. 1701, when Jethro Tull Invented the seed drill. c. 1765, when Ell Whitney invented the cotton gin. d. 1776, when the American colonies declared their freedom.
Modern economic growth is attributed to the perfection of the steam engine by James Watt in 1776, marking the start of the Industrial Revolution by transitioning from manual to mechanized production.
Explanation:According to economic historians, modern economic growth first happened in 1776, when Scottish inventor James Watt perfected a powerful and efficient steam engine. This invention marked a pivotal moment in history, as it catalyzed the Industrial Revolution, transforming manufacturing processes and transportation. Watt’s steam engine not only made it possible to operate machinery without relying on water power or manual labor but also played a crucial role in improving the production and use of iron, facilitating a surge in industrial productivity and economic growth across Britain and eventually the world.
The choices provided in the question highlight various significant inventions and historical events, but the direct answer aligns with the advancements brought about by James Watt’s steam engine. This invention encapsulates the essence of the Industrial Revolution, making option a the correct answer. It underscores the transition from manual labor to mechanized production, representing a leap towards modern economic dynamics and industrialization.
You just won $70,000 on a scratch-off lottery ticket. You plan to save the money in a retirement account expected to return 8% per year. If you intend to retire in 45 years, how much are these lottery winnings expected to be worth when you retire? a. $942,089 b. $2,234,431 c. $4,788,067 d. $1,260,147 e. $2,615,364
Answer:
The correct answer is B.
Explanation:
Giving the following information:
You just won $70,000 on a scratch-off lottery ticket. You plan to save the money in a retirement account expected to return 8% per year.
The number of years is 45.
We need to use the following formula for future value:
FV= PV*(1+i)^n
FV= 70,000*(1.08)^45= $2,234,431.46
Guggenheim offers a bond with annual payments and a coupon rate of 5 percent. The yield to maturity is 5.62 percent and the maturity date is 9 years away. What is the market price of a $1,000 face value bond?
Answer:
$957.12
Explanation:
In this question we have used the formula of the present value which is shown in the attachment
The NPER is a time period and the PMT is the monthy payments
Provided that,
Future value = $1,000
Rate of interest = 5.62%
NPER = 9 years
PMT = $1,000 × 5% = $50
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the answer is $957.12
Juan Garza invested $112,000 10 years ago at 8 percent, compounded quarterly. How much has he accumulated? Use Appendix A for an approximate answer but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Answer:
$247,300
Explanation:
Given that
Invested amount = Present value = $11,2000
Time = 10 years × 4 quarter = 40
The rate = 8% ÷ 4 = 2%
So, we have to applying the future value formula which is presented below:
Future value = Present value × (1 + interest rate)^ time period
= $112,000 × (1 + 0.02)^40
= $112,000 × 1.02^40
= $112,000 ×2.2080396636
= $247,300
To calculate the amount accumulated by Juan Garza, we can use the formula for compound interest and the financial calculator method. The final amount accumulated by Juan Garza is approximately $251,829.05.
Explanation:To calculate the amount accumulated by Juan Garza, we can use the formula for compound interest: A = P(1 + r/n)^(nt), where A is the final amount, P is the principal (initial investment), r is the annual interest rate (as a decimal), n is the number of times the interest is compounded per year, and t is the number of years. In this case, P = $112,000, r = 0.08 (8% as a decimal), n = 4 (quarterly compounding), and t = 10 years.
Using the formula: A = 112000(1 + 0.08/4)^(4*10), we can calculate the final amount accumulated by Juan Garza.
Financial Calculator Method:
Using a financial calculator, we can input the values P = $112,000, r = 8%, n = 4, and t = 10, and calculate the accumulated amount directly.
Approximate Answer using Appendix A:
If you're looking for an approximate answer, you can use the values from Appendix A. From Appendix A, you can find the factor for 8% compounded quarterly over 10 years, which is approximately 2.208.
Final Calculation:
Using the formula: A = 112000(1 + 0.08/4)^(4*10), we find that the final accumulated amount by Juan Garza is approximately $251,829.05.
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An investment will pay $200 at the end of each of the next 3 years, $300 at the end of Year 4, $500 at the end of Year 5, and $800 at the end of Year 6. If other investments of equal risk earn 5% annually, what is its present value? Round your answer to the nearest cent. $ 2255.30 What is its future value? Round your answer to the nearest cent. $ 3022.32
Answer:
Present value = $1,780.20
Future value = $2,385.64
Explanation:
Years Annual cash flows Discount factor @5% Present value
1 $200.00 0.9523809524 $190.48
2 $200.00 0.9070294785 $181.41
3 $200.00 0.8638375985 $172.77
4 $300.00 0.8227024748 $246.81
5 $500.00 0.7835261665 $391.76
6 $800.00 0.7462153966 $596.97
Present value $1,780.20
Now the future value is
Future value = Present value × (1 + interest rate)^number of years
= $1,780.20 × (1 + 0.05)^6
= $1,780.20 × 1.3400956406
= $2,385.64
Which of the following is true of strategic plans? a. They are developed by middle- and lower-level managers b. They have a short time horizon. c. They have specific and concrete focus.
Answer:C
Explanation:
They have specific and concrete focus
A strategic plan is typically developed by top-level management, has a long-term focus, and provides a broad outline of the company's goals and how they can be achieved
Explanation:Strategic plans are typically developed by top-level executives and decision-makers in a company, so, option 'a' might not be entirely true. A strategic plan generally has a long-term perspective, usually 3 to 5 years or even more, hence, statement 'b' is not accurate. Option 'c' is also not completely accurate because a strategic plan is not typically very specific or concrete, it is often general and broad, providing a big picture outlook for the company it is planned for.
A strategic plan is a document used by businesses to outline their overall goals and the steps they plan to take to achieve these goals. The plan serves as a roadmap for the organization and helps to align the various parts of the organization. It's a critical tool for guiding the decisions and actions of the business and ensuring that everyone is on the same page.
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Does one brand have a more consistent number of chips per cookie? A. No. Both brands have roughly the same number of chips per cookie. B. Yes. The name brand has a more consistent number of chips per cookie. C. Yes. The store brand has a more consistent number of chips per cookie. D. There is insufficient information to draw a conclusion.
Without data on the number of chips per cookie for each brand, it is not possible to determine if one brand has a more consistent number of chips per cookie.
Explanation:The question is asking if one brand has a more consistent number of chips per cookie. To determine this, we would need data on the number of chips per cookie for each brand and analyze the consistency of the data. Without this information, it is not possible to draw a conclusion and the answer would be D. There is insufficient information to draw a conclusion.
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You just got hired as a quality intern for a small startup making 3D printers. Each printer uses a number of small motors and one of your jobs is to make sure that these motors, received from a small supplier, meet your RPM (revolutions per minute) specifications. The supplier sends you an mean chart (x-bar chart) with each batch of motors to show you that the average RPMs for each batch meets your specifications. Notwithstanding this information from the supplier, you are seeing some unexpected inconsistent performance among the motors within each batch. What should be your first step to help you and the supplier get to the bottom of this issue?
You just got hired as a quality intern for a small startup making 3D printers. Each printer uses a number of small motors and one of your jobs is to make sure that these motors, received from a small supplier, meet your RPM (revolutions per minute) specifications. The supplier sends you an mean chart (x-bar chart) with each batch of motors to show you that the average RPMs for each batch meets your specifications. Notwithstanding this information from the supplier, you are seeing some unexpected inconsistent performance among the motors within each batch. What should be your first step to help you and the supplier get to the bottom of this issue?
A. Make sure the supplier's manufacturing process is capable of meeting your design specifications
B. Instruct the supplier to send you a range chart with each batch and to not send you any more mean charts
C. In addition to a mean chart, have the supplier create and send you a range chart with each batch
D. Have the supplier create and send you a p-chart with each batch so that you can understand what proportion of all motors are bad
Answer:
Option C is correct.
Explanation:
Range chart is also known as a variable control chart which the range of the subgroup is used to establish instantaneous variation and used to evaluate how stable the variability is.
Jenny manages sales dealership of high-end luxury brand of automobile. Her target market is limited to a specific social class, which restricts her customer base. If her company creates cars for middle class consumers she risks:__________
Answer:
The correct answer is letter "A": cheapening his brand .
Explanation:
Businesses of luxury objects such as advanced-technology vehicles have a differential advantage related to other carmakers. Most of their customers prefer those cars because they give them a certain status in society and are accessible to a few people because of the high prices.
Then, if Jeff's companies decide to manufacture cars for the middle class, the dealer risks cheapening the brand but the number of customers could exponentially increase.
James is willing to sell his ipod for $20, and the going price on ebay is $15. Given this information, what would be the producer surplus for James? a. $20 b. $15 c. $0 o d.$5 $5
Answer:
c. $0
Explanation:
As the producer surplus is the difference between theminimum price the selles accept to sale and the market price of the good.
In this case the ipod is worth $15 while Jame's price is $20 Thus there is no surplus James mostly won't even sale his ipod.
Answer:
c. $0
Explanation:
Producer surplus is the difference between the amount a producer (in this case James) is willing to sell a product and the market price. In this case the market price is higher than the price James is willing to sell. Therefore the producer surplus is zero.
The valuation of an MNC should rise when an event causes the expected cash flows from foreign to ____ and when foreign currencies denominating these cash flows are expected to ____.
Answer:
Decrease, Depreciate.
Explanation:
The _____ depicts the degrees and kinds of involvement a consumer brings to the purchase decision for different products. It also recognizes that people can be cognitively and affectively involved at the same time.
Answer: Kim-Lord model
Explanation: Some purchases made by consumers require a high degree of involvement such as cars, mobile phones etc on both cognitive and affective levels. Others do not. This phenomenon is explained by the Kim-Lord grid model of cognitive response from highly effective advertisements. The model states that purchase related decisions of consumers are based on or is highly influenced by affective and cognitive factors and that all aspects of advertising should be focused on these areas.
Which of the following is an example of haptic perception? a. A consumer smelling a new brand of perfume b. A consumer touching a new brand of bath towels c. A consumer watching a new video game in the market d. A consumer enjoying the ambiance at a store e. A consumer listening to a new audio clip in the market
Answer:
Correct Answer is "B"
b. A consumer touching a new brand of bath towels
Explanation:
To understand the answer, we should know about the meaning of Haptic Perception
It means ability to hold or grasp something.
Haptic perception refers to our sense of touch. In the given context, the example related to haptic perception would be a consumer touching a new brand of bath towels.
Explanation:In the context of the given question, haptic perception refers to the ability to interpret the world around us through the sense of touch. Hence, an example of haptic perception would be a consumer touching a new brand of bath towels. This involves feeling the texture of the towel, which is a key aspect of haptic perception. Other senses such as smelling, watching, enjoying ambiance, or listening are not related to haptic perception because they do not involve the sense of touch.
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Suppose Waterman Cable Company lent $125,000 to Comcast. On December 31, 2015, Comcast paid back the $125,000 and also paid $3,000 interest to Waterman Cable Company. Under U.S. GAAP, what would be the impact of the repayment on Waterman Cable Company's statement of cash flows using the direct method? a. The $125,000 would be shown as an increase in the funds in the Financing Section but the $3,000 would be shown as an increase in the Investing Section.b. The $128,000 would be shown as an increase in the funds in the Operating Section.c. The $125,000 would be shown as an increase in the funds in the Investing Section but the $3,000 would be shown as an increase in the Operating Section.d. The $128,000 would be shown as an increase in the funds in the Investing Section.
Final answer:
Under U.S. GAAP, the repayment of the loan principal would appear as an increase in the Investing Section, while the interest received would be reflected in the Operating Section of Waterman Cable Company's statement of cash flows.
Explanation:
The repayment of a loan by Comcast to Waterman Cable Company would affect the statement of cash flows for Waterman Cable Company under U.S. GAAP. When using the direct method, the repayment of the principal amount of the loan ($125,000) would be reflected as an increase in the Investing Section of the cash flow statement. This is because the principal repayment of a loan made to another entity is considered an investing activity. On the other hand, the interest received ($3,000) is considered an operating activity, as it is part of the company's primary revenue-generating activities, and thus it would be shown as an increase in the Operating Section.
Therefore, the correct answer to the student's question is C. The $125,000 would be shown as an increase in the funds in the Investing Section, but the $3,000 would be shown as an increase in the Operating Section.
10. ABC Company uses a job-order costing system and computes its predetermined overhead rate annual on the basis of direct labor-hours. At the beginning of 2018, it estimated the direct-labor hours for the upcoming year to be 10,000 direct labor-hours. ABC Company also estimated $50,000 of fixed overhead and $40,000 of variable overhead for the year. The actual fixed overhead for the year was $60,000, and the actual variable overhead was $35,000. The actual labor-hours for the year turned out to be 9,000. Compute the predetermined overhead rate for 2018.
Answer:
Predetermined overhead rate is $9 per labor hour
Explanation:
Estimated Direct-labor hours = 10,000
Estimated Manufacturing overheads = Estimated Fixed overheads + Estimated variable overheads
Estimated Manufacturing overheads = $50,000 + $40,000
Estimated Manufacturing overheads = $90,000
Predetermined overhead rate = Estimated Manufacturing overheads / Estimated Direct-labor hours
Predetermined overhead rate = 90,000 / 10,000 = $9 per labor hour
You have a partnership stake in a business that pays you equal payments of $3,000 at the end of each year for the next seven years. If the annual interest rate stays constant at 6%, what is the value of these payments in today’s dollars? Round your answer to the nearest whole dollar. $16,747 $17,752 $14,235 $20,934
Answer:
The correct answer is A.
Explanation:
Giving the following information:
You have a partnership stake in a business that pays you equal payments of $3,000 at the end of each year for the next seven years. The annual interest rate stays constant at 6%.
To calculate the present value we need to use the ner present value formula:
NPV= ∑[Cf/(1+i)^n]
Cf= cash flow
For example:
Year 1= 3,000/1.06^1
Year 3= 3,000/1.06^3
Year 6= 3,000/1.06^6
NPV= $16,747.14
The value of the partnership's annual payments of $3,000 for seven years at a 6% interest rate, when calculated as the present value of an annuity, is roughly $16,747.
Explanation:This question pertains to the calculation of the present value of a series of equal annual payments, also known as an annuity. The present value (PV) is calculated as PV = Pmt / i * (1 - (1 + i)^-n), where 'Pmt' represents the value of each annual payment, 'i' the annual interest rate, and 'n' the number of years or payments. In this case, Pmt = $3,000, i = 0.06 (6% expressed as a decimal), and n = 7 years. Substituting these values in, we get PV = $3,000 / 0.06 * (1 - (1 + 0.06)^-7), which equates to approximately $16,747.
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Tamarisk Leasing Company signs a lease agreement on January 1, 2017, to lease electronic equipment to Carla Vista Company. The term of the non-cancelable lease is 2 years, and payments are required at the end of each year. The following information relates to this agreement:1. Carla Vista has the option to purchase the equipment for $24,500 upon termination of the lease. It is not reasonably certain that Carla Vista will exercise this option.2. The equipment has a cost of $290,000 and fair value of $319,000 to Tamarisk Leasing. The useful economic life is 2 years, with a residual value of $24,500.3. Tamarisk Leasing desires to earn a return of 5% on its investment.4. Collectibility of the payments by Tamarisk Leasing is probable.Prepare the journal entries on the books of Tamarisk Leasing to reflect the payments received under the lease and to recognize income for the years 2017 and 2018. (
Answer:
a. $46,000
see the other answers in the explanation
Explanation:
(a) Fair value of leased asset to lessor $245,000
Less: Present value of unguaranteed residual value $24,335 X .63017
(present value of 1 at 8% for 6 periods) $15,335
Amount to be recovered through lease payments $229,665
Six periodic lease payments $229,665 ÷ 4.99271 $46,000*
*Present value of an annuity due of 1 for 6 periods at 8%.
b.
(c)
1/1/17
Lease Receivable 245,000
Cost of Goods Sold 229,665
Sales Revenue 229,665
Inventory 245,000
1/1/17
Cash 46,000
Lease Receivable 46,000
12/31/17
Lease Receivable 15,920
Interest Revenue 15,920
1/1/18
Cash 46,000
Lease Receivable 46,000
12/31/18
Lease Receivable 13,514
Interest Revenue 13,514
What theory argues that free trade is beneficial, but that differences in factor endowments, not productivity, determine the pattern of international trade? Heckscher-Ohlin Leontief Ricardo Porter-Friedman
Answer:
The correct answer is letter "A": Heckscher-Ohlin.
Explanation:
Named after Swedish economists Eli Heckscher (1879-1952) and Bertil Ohlin (1899-1979), the Heckscher–Ohlin theory states that countries should focus their efforts on producing and exporting those goods they are good at manufacturing and they should import the goods they struggle in making. The concept is based on both the productivity and non-productivity of nations and their best bequests.
"Why is it important to understand the history of computers? Provide examples of each of the following mechanical computers, electromechanical computers, and early electronic computers"
Explanation:
Understanding the history of computers means understanding several important aspects that have been incorporated into our current life, our ways of working, communicating, shopping, etc. It is a way of understanding how technology has revolutionized and made life easier for the whole society.
The history of computing makes it possible to understand the developments of devices that are simple to calculate, even the technological advances that made the creation of modern computers possible.
Mechanical computers (1642-1945) were the first devices created to aid calculation, such as Pascaline, the first mechanical calculator developed in the world.
The first electromechanical computer, the Mark I, which was built in 1944, was 17 meters long by 2.5 meters high and had a mass of 5 tons. It performed calculations without human intervention but it took about 3 to 5 seconds to perform a multiplication.
The first electronic computer was the ENIAC, inaugurated on February 14, 1946. This computer was a thousand times faster than any previous computer and solved up to 5 thousand calculations of addition and subtraction, 350 multiplications or 50 divisions per second. It was a huge computer that weighed 27 tons and measured 5.50 x 24.40 m and consumed 150 kW. This computer was developed in the second world war, and its main objective was to perform ballistic calculations. Its "operating system" was through punched cards.
Understanding the history of computers helps us appreciate advancements and how technology has evolved. Examples of mechanical computers, electromechanical computers, and early electronic computers include Charles Babbage's Analytical Engine, the Harvard Mark I, and the ENIAC.
Explanation:It is important to understand the history of computers because it helps us appreciate the advancements that have taken place and how they have shaped our lives today. Understanding the history of computers allows us to understand how far we have come and how technology continues to evolve.
Mechanical Computers:
One example of a mechanical computer is Charles Babbage's Analytical Engine, designed in the 1830s. It was the first general-purpose computer that used punched cards to input data and perform calculations. Despite not being built during Babbage's lifetime, the design of the Analytical Engine laid the foundation for future computer developments.
Electromechanical Computers:
A popular example of an electromechanical computer is the Harvard Mark I, developed during the 1930s. It used switches, relays, and rotating shafts for computations and was primarily used for military calculations during World War II. The Mark I was a significant step forward in computer technology and paved the way for faster and more reliable computing.
Early Electronic Computers:
One of the early electronic computers is the ENIAC (Electronic Numerical Integrator and Computer), built in the 1940s. It used vacuum tubes to perform calculations and was used for tasks such as calculating artillery shell trajectories. The ENIAC was colossal in size and required a great amount of power, but it marked an important shift towards more efficient and powerful electronic computing.
If an organization needs to plan for resumption and cannot justify the expense of an exclusive-use strategy, it can choose a shared-use option.
A(n) ____________________ operates like an exclusive-use site but it is leased in conjunction with a business partner or sister organization.
A time-share operates like an exclusive-use site but it is leased in conjunction with a business partner or sister organization.
Explanation:
Time-share is one of the shared-use resumption strategy. It is the leased site shared with organizations to provide assistance in case of disasters.More than one organization may use the site simultaneously.Item10 Time Remaining 24 minutes 35 seconds00:24:35Item 10Item 10 Time Remaining 24 minutes 35 seconds00:24:35A(n) ________ includes people who work together and possess similar skills or use the same knowledge, tools, or techniques to perform their jobs.
Answer:
A function
Explanation:
A function is defined as a set of activities carried out by a particular department that involves process initiation, transform information, and follow procedures to give an output.
Business functions encourage specialisation, examples include cash management, invoicing, loan disbursement,customer care and so on.
A building owner is evaluating the following alternatives for leasing space in an office building for the next five years:
(a) Net lease with steps. Rent will be $15 per square foot the first year and will increase by $1.50 per square foot each year until the end of the lease. All operating expenses will be paid by the tenant.
(b) Net lease with CPI adjustments. The rent will be $16 psf the first year. After the first year, the rent will be increased by the amount of any increase in the CPI. The CPI is expected to increase by 3 percent per year.
(c) Gross lease. Rent will be $30 psf each year with the lessor responsible for payment of all operating expenses. Expenses are estimated to be $9 psf during the first year and increase by $1 psf per year thereafter. Gross lease with expense stop and CPI adjustment. Rent will be $22 the first year and increase by the full amount of any change in the CPI after the first year with an expense stop at $9 psf. The CPI and operating expenses are assumed to change by the same amount as outlined above.
How would you rank the alternatives in terms of risk to the property owner?
Answer:
Explanation:
The lease rent that depends upon CPI rate and operating expenses has more risk than normal increase in value rent alternatives. Reason being that CPI can be increased or decreased in future and this will affect the builder's cashflow.
Likewise, operating expense is also an increase or decrease because the builder's cashflow can increase or decrease .
The risk level of all the four alternatives is shown below
Net lease with steps- Less risky
Net lease with CPI - Highly risky
Gross lease - Moderately risky
Gross lease with CPI - Highly risky
Leasing alternatives are ranked from lowest to highest risk based on cost predictability and expense responsibility. Net leases present less risk to property owners, while gross leases with operating expense responsibilities are riskier. Leases with CPI adjustments offer moderate risk due to potential variability in inflation.
Explanation:The ranking of lease alternatives in terms of risk to the property owner depends primarily on the volatility of costs and the certainty of revenue over time. For instance:
Net lease with steps: This lease has increasing rent but transfers all operating expenses to the tenant, representing a lower risk since the income increases over time, and there's no risk associated with operating costs.
Net lease with CPI adjustments: This lease option also transfers all operating expenses to the tenant and adjusts rent based on CPI, which can be more uncertain depending on inflation rates, resulting in moderate risk.
Gross lease: The owner is responsible for operating expenses, which increases the risk if these expenses rise faster than the fixed rent received.
Gross lease with expense stop and CPI adjustment: This mitigates risk by having an expense stop, but variability in the CPI still introduces some risk.
In these scenarios, a step lease tends to offer more predictability and thus lower financial risk. The gross lease poses the highest risk since the owner must absorb any increases in operating expenses beyond the first year. Lastly, leases tied to the CPI can vary in risk depending on economic conditions.
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