Suppose at $10 the quantity demanded is 100. When the price falls to $8, the quantity demanded increases to 130. The price elasticity of demand (using the midpoint formula) between $10 and $8 is approximately:

Answer:

A 63-year-old man presents to the office with hematuria, hesitancy, and dribbling.

Digital rectal exam (DRE) reveals a moderately enlarged prostate that is smooth.

The PSA is 1.2.

The most appropriate management strategy to follow at this time is:

Explanation:

This 63 year-old-man is at  his elderly stage, meaning that it may have brought the enlargement of the prostate, as the DRE revealed, squeezing the urethra moderately and causing difficulty with urination such as a intermittent flow or dribbling, hematuria and hesitancy, so an urine flow study might be helpful to detect reduced urine flow associated with BPH (Benign Prostatic Hyperplasia).

Although his PSA level of 1.2 nanograms per milliliter (ng/mL) of blood is still in the normal range, a test must be performed to determine how fast is the PSA level is increasing, as it is associated with prostate cancer.

A questionnaire must be filled out to determine the type and severity of symptoms and if they have impacted his routine life.

Digital rectal examination (DRE): The physician inserts a gloved finger into the rectum (located next to the prostate) and feels the back of the prostate. Prostate cancers can sometimes be detected as lumps or bumps on the prostate here.

Depending on the results the patient could get a cystoscopy, which is a test that allows the physician to inspect the inside of the prostate, urethra channel and bladder, using a mini-camera inserted within a thin tube.

If the doctor finds cancer suspicious data, he might order a transrectal ultrasound, a transabdominal ultrasound or a prostate magnetic resonance imaging (MRI).

BPH is the most common urologists diagnosed disorder of the prostate gland in males between the ages of 45 and 76.

Answer:

$61,246 Cash Inflow

Explanation:

Cash flow from operating                         $78,460

Add : Opening current assets                 $141,680

Opening fixed assets                               $687,810                                  

Closing current liabilities                          $91,516

                                                                 $999,466

Less: Closing current assets                    $138,509

Closing fixed assets                                 $703,411

Opening current liabilities                        $87,340

Depreciation Expenses                            $8,960

Cash Inflow                                              $61,246

Final answer:

To determine the cash flow from assets, calculate the Net capital spending and change in Net working capital to find the cash flow amount. The correct answer is $61,246, which makes the correct option b.

Explanation:

The cash flow from assets can be calculated using the formula: Cash flow from assets = Operating cash flow - Net capital spending - Change in NWC. First, calculate the Net capital spending by subtracting the change in Net fixed assets from the depreciation expense. Then find the Change in NWC by subtracting the beginning NWC from the ending NWC. Finally, plug these values into the formula to calculate the cash flow from assets for the Plaza Cafe.

The amount of cash flow from assets is $61,246.

The price assesses how likely a customer is to not purchase from one of the companies in the market but instead use one of the substitute products to accomplish their goals.

Explanation:

Selling price is the price at which a product or service is sold to the buyer. However, cost price is the price that is incurred to produce a product or provide a service to the buyer. Formula to calculate selling price. The selling price is the sum total of the cost price and the profit margin set by the seller.

Price of a product highly influences the sale of the product because the consumers prefer to pay lesser price for a product which have close substitutes of the goods and commodities.

Answer:

A) Bruce's basis in the land at the time of the sale = $100,000 (same as his father's)

B) When computing his realized gain, what amount does Bruce use as the selling price and as the contract price?

Selling price= $360,000.

Contract price = $360,000 (selling price) - $120,000 (assumed mortgage) = $240,000.

C) Bruce's total realized gain on the sale = $360,000 - $10,000(selling costs) - $230,000(land + improvements) = $120,000

But his recognized gain in the year of the sale is = ($120,000 / $240,000) x $90,000 = $45,000

Answer:

B. $19,494

Explanation:

In order to find out the margin of safety in dollars, first we have to compute the break even point in dollars that is shown below:

Break even point = (Fixed cost) ÷ (Profit volume Ratio)  

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit  

= $18 - $6

= $12

And, Profit volume ratio = (Contribution margin per unit) ÷ (selling price per unit) × 100

So, the Profit volume ratio = (12) ÷ (18) × 100 = 66.67%

And, the fixed cost is $5,000

Now put these values to the above formula  

So, the value would equal to  

= ($5,000) ÷ (66.67%)  

= $7,500

Now the margin of safety equals to

= Expected sales - break even sales

where,  

Expected sales = Selling price per unit × Unit sales per month

= $18 × 1,500 units

= $27,000

And, the break even sales is $7,500

= $27,000 - $7,500

= $19,500

Answer:

Diversification

Explanation:

Avon is growing (diversifying) into the jewellery market place using the channel it already has (door-to-door sales). In addition it has also employed various means of distribution for its products including mail order and retail stores.

The additional distribution channels will bring Avon's product Tina larger market.

Answer:

D. have separate cost allocation rates for each activity identified by the company CORRECT

There will be activity cost pool which, will be distribute among the product using different cost driver like machien hours, direct labor hours or other.

Explanation:

A. have the same cost allocation system as plantwide and departmental cost allocation systems

NO If it was, then it would not have a different name

B. have no cost allocation rates for each activity identified by the company

If we don't have rates to distrubte cost then, the allocation will be arbitrary

C. have combined cost allocation rates for each activity identified by the company

each should have different base cost driver if not, then they aren't different and should be combined.

Activity-based costing (ABC) systems have separate cost allocation rates for each activity identified by the company. This enables more accurate assignment of indirect costs.

Activity-based costing (ABC) systems D. have separate cost allocation rates for each activity identified by the company. Unlike plantwide and departmental cost allocation systems, ABC systems segregate the company's indirect costs into separate activities, referred to as cost pools, and assign a unique cost rate to each.

For instance, a company may have different activities such as manufacturing, marketing, quality control, etc., and each activity would have its own cost allocation rate.

This method allows companies to more accurately assign indirect costs to products or services.

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Answer:

The answer is B.Effectiveness.

Explanation:

Effectiveness is accomplishing tasks that help fulfill organizational objectives.

Answer:

All of them.

Explanation:

For considering the annuity formula we can determinate all the proposed factor:

[tex]C \times \frac{1-(1+r)^{-time} }{rate} = PV\\[/tex]

C represent II the amount of each cash flow

r = represent the discopunt rate

while time or "n" represent the numebr of cashflow we have to calcualte the present value.

The timing refer wether the payment are made at the beginning or end of the period.

When made at the beginning it is an annuity-due

and the (1+r) factor multiplies the previous formula to represent the addtional period of capitalization each cashflow has or the one period less to discount for each cashflwo in cases of prresent value.

Answer:

D) Sinking fund

Explanation:

A sinking fund is an account established to be used in the settling of debts. The corporate or institution that creates a sinking fund deposits money regularly as a way of saving it for future debt payments. A sinking fund, is in away a savings account that accumulates funds for repaying large and future debts.

Municipal authorities use sinking funds to pay their bond expenses when they mature. The municipal contributes funds in the years leading to the bond's maturity. Sinking funds gives confidence to investors that the municipal will not default on its payments.

Answer:

A) Closure

Explanation:

Closure refers to a state wherein a a store's agreement with a specific brand ends post which the store stops selling the products of such a brand.

In the given case, Mark assumed the shoe manufacturer having shut down it's operations and having stopped manufacturing shoes altogether.

This is not the case. It means the shoe store won't stock that particular brand or the contract between the shoe store and the brand has closed or expired.

Thus, this is a case of closure.

Answer:

C) highly specialized departments.

Explanation:

Highly specialised department are formed when professionals are grouped in a department and decisiin-making that affects that arm of the business is done within the department to meet set targets.

In this business structure employees have more power to influence everyday operations, while major decisions that affect overall goals of the business are taken by top management.

Answer:

the exclusionary rule.

Explanation:

The exclusionary rule basically applies to all the evidence gathered illegally, or in violation of your constitutional guarantees. Generally this type of exclusions are for evidence obtained while breaching your fourth amendment rights, but it can apply to all the violations of the fifth and sixth amendments.

The Supreme Court established the exclusionary rule in Mapp v. Ohio (fourth amendment violations) and Miranda v. Arizona (fifth and sixth amendment violations).

Answer:

c. customer departmentalization. 

Explanation:

In customer departmentalization, departments are created based on the different customers the company serves.

In functional departmentalization, departments are created based on the different functions of each department e.g. marketing department, finance department etc

In geographic departmentalisation, departments are created based on the different regions, states or countries the company serves.

In product departmentalisation, departments are created based on the different goods and services that the company produces.

I hope my answer helps you

Answer:

Marketing tactics.

Explanation:

Marketing tactics are actions taken by a company in the promotion of goods and services, to attain a marketing goal.

Marketing strategy is the goal or plan that the company adopts to make campaigns successful. While tactics are the specific actions taken by marketers to achieve the goals. They include: social media promotion, distribution methods, emailing targeted customers, and discounts.

Price reduction and offering a return policy are marketing strategies to incentivize purchases and increase sales, as they reduce consumer perceived risk and demonstrate confidence in product quality.

The reduction in the price and the offer of a return policy by Siesta Inc. are examples of marketing strategies aimed at reducing perceived risk and providing value for money to consumers.

When sales are not going as expected, businesses often resort to adjusting their pricing strategies, which may include discounts or sliding prices.

In addition to this, offering a money-back guarantee or a return policy serves as a promise of quality and builds trust with customers since they may be hesitant to invest in a new and relatively unknown product. Such strategies can be seen as a part of a company’s efforts to incentivize purchases and encourage consumer adoption of new products.

Answer:

Revised Balance Sheet on 31st December 2018        

Cash, $26,000; +34,000+49,000 -37,000-26,000 -29,000 -3400           42600                                                                    42,600

Account Receivable...44,000                   44000  

Supplies, $9,400; +6,400             15800  

Land, $74,000;                   74000  

Prepaid Rent....19,500       19500  

Total...........................................      195,900.00    

Common Stock $64,000; and +34,000                                      98000

Retained Earnings, $39,000. -37,000+49,000+44,000-6,500-3400-5400+6400-29,600                     56500

Accrued Wages 5400                        5400

Accounts Payable 36,000                36000

Total...........................................         195,900.00  

Explanation:

On January 1, 2018, Red Flash Photography had the following balances:  

Cash,............... $26,000;  

Supplies,........... $9,400;  

Land,    ........    $74,000;  

Total..................109, 400

Deferred Revenue, $6,400;  

Common Stock..... $64,000;

Retained Earnings, $39,000.  

Total.......................109,400

On 31st December 2018

Revised Balance Sheet on 31st December 2018        

Cash, $26,000; +34,000+49,000 -37,000-26,000 -29,000 -3400           42600                                                                    42,600

Account Receivable...44,000                   44000  

Supplies, $9,400; +6,400             15800  

Land, $74,000;                   74000  

Prepaid Rent....19,500       19500  

Total...........................................      195,900.00    

Common Stock $64,000; and +34,000                                      98000

Retained Earnings, $39,000. -37,000+49,000+44,000-6,500-3400-5400+6400-29,600                     56500

Accrued Wages 5400                        5400

Accounts Payable 36,000                36000

Total...........................................         195,900.00  

1. February 15 Issue additional shares of common stock, $34,000.  

ADD 34,000 TO EQUITY, AND TO CASH

2. May 20 Provide services to customers for cash, $49,000, and on account, $44,000.  

LESS 49,000 FROM CASH AND ADD TO RETAINED EARNINGS AS INCOME, ADD 44,000 AS ACCOUNT RECEIVABLES AND ADD TO INCOME IN RETAINED EARNINGS

3. August 31 Pay salaries to employees for work in 2018, $37,000.  

LESS 37,000 FROM CASH AND FROM RETAINED EARNINGS

4. October 1 Purchase rental space for one year, $26,000.  

LESS FROM CASH AND FROM RETAINED EARNINGS

5. November 17 Purchase supplies on account, $36,000.  

ADD TO STOCK, ADD TO ACCOUNTS PAYABLES

6. December 30 Pay dividends, $3,400.

LESS FROM CASH AND FROM RETAINED EARNINGS

The following information is available on December 31, 2018:

1. Employees are owed an additional $5,400 in salaries.

ADD TO ACCRUED SALARIES,LESS FROM RETAINED EARNINGS AS EXPENSES INCURRED IN THE PERIOD

2. Three months of the rental space has expired.

CREATE PREPAID RENT FOR 3/4 OF RENT (19,500) AND LESS 6500 FROM RETAINED EARNINGS AS EXPENSE FOR THE PERIOD

3. Supplies of $6,400 remain on hand.

LESS 19600 (26,000-6400) FROM SUPPLIES AND FROM RETAINED EARNINGS AS EXPENSE FOR THE PERIOD

4. All of the services associated with the beginning deferred revenue have been performed.

DELETE DEFFERED REVENUE OF 6,400 AND ADD SAME AMOUNT TO RETAINED EARNINGS AS INCOME EARNED

Final answer:

The question focuses on the processing and analyzing of financial transactions for Red Flash Photography throughout the year, examining the impact on various financial statements and requires a basic understanding of accounting principles, such as revenue recognition, asset management, and expense recording.

Explanation:

The question provided relates to basic accounting principles and practices. It involves the analysis of a company's transactions over a fiscal year and requires understanding of fundamental accounting concepts such as assets, liabilities, equity, revenue recognition, and expenses. The goal is to assess the impact of the company's transactions on its financial position, reflecting the changes in various accounts through journal entries, adjusting entries or preparation of financial statements such as balance sheet, income statement or statement of cash flows.

During the year, Red Flash Photography engaged in various transactions, including issuing additional common stock which increased equity, providing services to customers which raised both cash and accounts receivable under revenues, incurring expenses like salaries and rent for operational space, and managing supply inventory. Activities like paying dividends affected the retained earnings.

At year-end adjustments, certain items require correction such as outstanding salaries payable, recognizing the portion of prepaid rent that has been used, adjusting the remaining supply inventory, and recognizing revenues from previously deferred amounts. These adjustments ensure the financial statements present a true and fair view of the company's financial situation.

Answer:

The correct answer is option A.

The correct answer is option B.

Explanation:

The law of demand states that other things being constant, the quantity demanded of a product is inversely related to its price level. That is, an increase in the price of the product will cause the quantity demanded to decline and vice versa.

This inverse relationship exists because of the substitution effect and income effect.

The substitution effects refer to the decline in quantity demanded because other goods are cheaper and income effect causes quantity demanded to decline because of the reduction in purchasing power.

The law of demand is the assertion that the quantity demanded of a product is inversely related to its price. Option A is the answer.

An increase in the price of a product causes a decrease in quantity demanded because of the income and substitution effects. More specifically, the substitution effect is the decrease in quantity demanded because the product is more expensive relative to other goods, and the income effect is the decrease in quantity demanded owing to the decline in consumers' purchasing power. Option B

The law of demand states that there is an inverse relationship between the price of a product and the quantity demanded by consumers. When the price of a product increases, the quantity demanded decreases, and when the price decreases, the quantity demanded increases.

This principle is based on the behavior of consumers in the market, as higher prices make products less affordable and less attractive, leading to a decrease in demand, while lower prices make products more affordable and more attractive, leading to an increase in demand.

The law of demand assumes that other factors affecting demand remain constant.

The right answer to the first part of the problem is option A.

Option B is the right answer to the second part of the question.

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Answer:

A tortious action

Explanation:

A tortious action is an act or action that infringe the right of another.  It might include a  claim that intends to damage the reputation of an individual or an act that causes physical harm to an individual.  

Answer:

Cost of Goods Sold                                               Dr.

     To Supplies Expense

Explanation:

The journal entry for cost of goods sold should've been:

Cost of goods sold A/C                           Dr.

       To Purchases A/C

(Being cost of goods sold expense recorded)

The wrong entry passed has been:

Supplies expenses A/C                                           Dr.

      To Purchases A/C

The rectifying (correcting) journal entry should be:

Cost of Goods Sold A/c                                           Dr.

      To Supplies Expenses A/C

(Being rectification entry for cost of goods sold recorded)

Cost of goods sold is an expense and expenses should be debited.

At the same time, purchase being a nominal account, crediting it would reduce the purchases balance.

Supplies expense was wrongly debited so it has been credited to cancel out the effect.

Answer:

b. What goods and services will be produced? 

Explanation:

Due to the fact that resources are scarce, the society must answer the following questions:

What to produce?

How to produce?

For whom to produce for?

In producing a range of different types of cars, the car manufacturers are answering the question of what to produce.

I hope my answer helps you

Answer:

e. all of the above is the correct answer.

Explanation:

The functions of marketing are to know the customer's demands and to satisfy customer needs.

Universal functions of marketing are

Answer:

Null hypothesis: The average life expectancy of tires produced by the Whitney Tire Company is 40,000 miles.

Alternate hypothesis: The average life expectancy of tires produced by the Whitney Tire Company is greater than 40,000 miles.

Explanation:

A null hypothesis is a statement from a population parameter which is either rejected or accepted (fail to reject) upon testing. It is expressed using the equality sign.

An alternate hypothesis is also a statement from the population parameter which negates the null hypothesis and is accepted if the null hypothesis is rejected. It is expressed using any of the inequality signs.

Answer:d

Explanation:

Answer:

The answer is B. The rate is an indicator of nutrition and health care.

Explanation:

Infant mortality rate means how many children die at birth and/or before reaching the age of 05. This is an indicator of the health sector and it's development in a country.

Mainly, this is because a significant and technologically advanced health sector with a substantial capital investment is required to cater to the health needs of new borns, children and their mothers special health requirements.

Descriptive research is a method that systematically probes into a marketing problem and bases conclusions on a large sample size, often used to describe characteristics of a population or phenomenon.

The research method that systematically probes into a marketing problem and bases its conclusions on a large sample of participants is Descriptive research. Descriptive research is often used in marketing to understand and describe the characteristics of a population or phenomenon being studied. It answers questions like who, what, where, when and how. A large sample size helps ensure that the research findings are reliable and can be generalized to a larger population.

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Answer:

blog

Explanation:

Websites frequented by individuals with common interests where they can post facts, opinions, and personal experiences have emerged as sophisticated sources of product and brand information are called blog

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Have a nice day!!!!!

Answer:

A popular train station has free parking for commuters who take the train. This often results in many people being unable to find a parking spot and missing their train. To solve this problem, all commuters should be:

To solve the problem, all commuters should be required to pay for parking.

Explanation:

When commuters pay for such service rendered it would reduce the traffic generated by commuters as a result of a fee attached to it.

Final answer:

Requiring commuters at a busy train station to pay for parking could help to manage the demand for parking spaces, discourage overuse, and encourage the use of alternative transport options. This concept is similar to public parks charging for certain amenities.

Explanation:

The situation described involves the management of a public good, in this case, commuter parking at a train station. Given that the parking is free and leads to a scarcity of spots, a policy change could mitigate this issue. Option (d), requiring commuters to pay for parking, may reduce demand and ensure that only those who truly need parking pay for it.

This system is comparable to public city parks, which are free to use, but can charge fees for parking and other amenities. Paying for parking could also encourage commuters to seek alternative transportation, thereby reducing congestion and further aligning with public transportation goals as highlighted in the given examples.

Answer:

After 18.44 year loan will be paid

Explanation:

We have given an entrepreneur borrows $500,000 today.

So total amount is $500000

Annual payment is of $70000

Rate of interest r = 11.5 %

We have to find the time period

We know that total amount is given by

[tex]A=P(1+\frac{r}{100})^n[/tex], here A is total amount , P is yearly paid amount, r is rate of interest and n is time period

So [tex]500000=70000\times (1+\frac{11.25}{100})^n[/tex]

[tex]7.142=1.1125^n[/tex]

Taking log both side

[tex]log7.142=nlog1.1125[/tex]

[tex]n\times 0.0463=0.8538[/tex]

n = 18.44 year

So after 18.44 year loan will be paid

Answer:

the other persons answer is correct

Explanation:

Answer:

maximize profits.

Explanation:

Th economist assume that the goal of objective of the business is to maximize the profit and add value to their business and shareholders as well. The businesses use marginal benefit and marginal cost to measure the value of benefit. Business also has other objectives which support the profit maximization like cost minimization, customer satisfaction etc

Answer:

The correct answer is $2,600,000.

Explanation:

According to the scenario, the given data are as follows:

Total Assets = $4,200,000

Common stock = $1,000,000

Retained earnings =  $600,000

So, we can calculate the creditors' claims on their assets by using following formula:

Creditor's Claim on their Assets = Total Assets - ( Common stock + Retained earnings)

= $4,200,000 - ( $1,000,000 + $600,000 )

= $4,200,000 - $1,600,000

= $2,600,000

Hence, Creditors' claims on their assets will be $2,600,000.

The creditors' claims on Nash's Trading Post, LLC assets amount to $2,600,000.The creditors' claims on Nash's Trading Post, LLC's assets are $2600000. This is calculated using the balance sheet equation with the given values for assets, common stock, and retained earnings.

The creditors' claims on Nash's Trading Post, LLC assets can be calculated by subtracting the owner's equity from the total assets. In this case, the common stock and retained earnings represent the owner's equity. So, to find the creditors' claims, we need to subtract the common stock and retained earnings from the assets.

Assets - (Common Stock + Retained Earnings) = Creditors' Claims

$4,200,000 - ($1,000,000 + $600,000) = Creditors' Claims

Therefore, the creditors' claims on their assets amount to $2,600,000.

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Answer:

A marketing research supplier that quotes an unrealistically low price for marketing research, only to raise it with add-ons, etc., is engaging in the ethical breach known as;

Low-ball pricing.

Explanation:

A market research supplier is a market research company that offers various services to its clients including; problem identification, data collection and analysis, research design and reporting. Businesses rely on accurate and reliable information for their success. This provides a base of knowledge about the existing and prospective customers, which is important in formulating strategies to ensure that set organizational goals are achieved. They also provide information about the competition which can be used to find ways of gaining a competitive advantage over them. Market research is also important in the planning process to ensure that all alternatives are considered beforehand to ensure that only the ones with higher potential of success is considered.

In the field of marketing research, there are ethical standards and practices to be met. Ethical standards are there to control the behavior of professionals in that particular field. However, there are certain behaviors that are considered as an ethical breach. An example is low-ball pricing which is the act of using a low price initially to attract clients then raising the price of the research later on through other means that the client was not aware of.