Answer:
Remain same
Explanation:
In this situation, China makes tablets and smartphones only. The equipment used to manufacture these two products is nearly the same, the same collection of tools is equally useful in manufacturing both smartphones and tablets. So there is the constant opportunity cost of both commodities.
Resources are similarly appropriate for the manufacturing of two varied goods at a constant opportunity cost.
Therefore, the opportunity costs for additional smartphone remains the same.
In economics, the PPF reflects the combinations of goods a country can produce. As China produces more smartphones and fewer tablets, the opportunity cost of each additional smartphone increases, according to the Law of Increasing Opportunity Cost. This means as more of any good is produced, the cost of foregone production of the next best alternative good increases.
Explanation:The production possibilities frontier (PPF) in economics symbolizes the different combinations of goods a country can generate given its resources. As China decides to make more smartphones and fewer tablets, the opportunity cost of each additional smartphone increases, which is called the Law of Increasing Opportunity Cost. This law suggests that as you produce more of any good, the opportunity cost (i.e., the cost of foregone production of the next best alternative good) will increase.
For example, if China can produce either 1000 smartphones or 2000 tablets, and chooses to produce 200 more smartphones, they may have to give up production of 300 tablets. This means that the opportunity cost of each additional smartphone (in terms of tablets foregone) is increasing.
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Joe, owner of ABC Electronics, just discovered that his trusted friend Paul, his accountant for over 30 years, has been mishandling the company books and stealing from the company bank account. Joe must decide whether to publicly ignore his friend's actions and avoid bad publicity for the firm, an example of ____.
Answer:
Ethical dilemma
Explanation:
An ethical dilemma is a situation that requires choosing between two conflicting alternatives where choosing any of them will lead to a breach in ethical principles and might lead to ethical violation.
In the case of Joe the owner of ABC Electronics and his friend Paul which is also his accountant for over 30 years and who has been mishandling the company books. Joe having to decide whether to publicly ignore his friend and avoid bad publicity for the firm shows a situation of an ethical dilemma.
The Polaris Company uses a job-order costing system. The following data relate to October, the first month of the company’s fiscal year.
a. Raw materials purchased on account, $210,000.
b. Raw materials issued to production, $189,000 ($151,200 direct materials and $37,800 indirect materials).
c. Direct labor cost incurred, $50,000; indirect labor cost incurred, $20,000.
d. Depreciation recorded on factory equipment, $105,000.
e. Other manufacturing overhead costs incurred during October, $131,000 (credit Accounts Payable).
f.
The company applies manufacturing overhead cost to production on the basis of $8 per machine-hour. A total of 76,000 machine-hours were recorded for October.
g.
Production orders costing $511,000 according to their job cost sheets were completed during October and transferred to Finished Goods.
h.
Production orders that had cost $452,000 to complete according to their job cost sheets were shipped to customers during the month. These goods were sold on account at 38% above cost.
Required:
1.
Prepare journal entries to record the information given above
Answer:
A: Journal entries
Sr.No Accounts Dr. Cr.
117 Stores Ledger Control Account $ 210,000
203 Accounts Payable $ 210,000
Raw materials purchased on account, $210,000.
b. Work In Process $ 151,200
Factory Overhead $ 37,800
Materials $ 189,000
Raw materials issued to production, $189,000 ($151,200 direct materials and $37,800 indirect materials).
c. Work In Process $50,000
Factory Overhead $ 20,000
Wages Control Account $ 70,000
Direct labor cost incurred, $50,000; indirect labor cost incurred, $20,000.
d. Factory Overhead 105,000
Provision For Deprecation Account 105,000
Depreciation recorded on factory equipment, $105,000.
e. Factory Overhead Control Account $131,000
Accounts Payable $131,000
Other manufacturing overhead costs incurred during October, $131,000 (credit Accounts Payable).
f. Work In Process $608,000
Factory Overhead Control Account $608,000
The company applies manufacturing overhead cost to production on the basis of $8 per machine-hour. A total of 76,000 machine-hours were recorded for October.
g. Finished Goods $ 511,000
Work In Process $ 511,000
Production orders costing $511,000 according to their job cost sheets were completed during October and transferred to Finished Goods.
h. Account Receivable $ 623,760
Sales Account $ 623,760
Cost Of Goods Sold $ 452,000
Finished Goods Inventory $ 452,000
Production orders that had cost $452,000 to complete according to their job cost sheets were shipped to customers during the month. These goods were sold on account at 38% above cost.
A growing trend to "Buy American" may encourage U.S. automakers to increase political pressure on Washington to pass legislation for more restrictive quotas on Japanese car imports. In addition, a decline in the value of the U.S. dollar would be instrumental in Toyota's decision to build a manufacturing plant in the United States instead of continuing to export cars from Japan. If Toyota builds the plant, its decision would reflect
Answer:
C) a positive result from regulatory and economic environmental forces.
Explanation:
In the short run the whole economy will benefit, more American jobs will be created, consumers will probably get good cars at even lower prices, but on the long run the scenario may not be that good for everyone. If Toyota builds the plant, it will be the result of economic and political pressures, and that is a game that two can play, just ask farmers about the trade deal with China.
On the other hand, this is a type of deja vu (or been there, done that), and it ended up with GM and Chrysler bankrupt and Ford barely surviving. This types of policies were enforced in the 1980s by president Reagan and the famous "Made in the USA" by Bruce Springsteen. Back then Honda had a small factory and Toyota was starting to consider building a plant in the US, Nissan hadn't showed up yet. Fast forward a few years and the only good American vehicles are pickups, the Japanese brands wiped out the rest. The country is full of Camrys, Accords, Civics, Corollas, CRVs and Rav4s. They are great cars, too great for the American car manufacturers to compete against. Who knows, with this type of policies maybe in 10 years the only American car manufacturer left will be Tesla.
This is like playing with fire on top of a fuel truck.
Hans Company purchased bonds of Zimmer Corporation. Hans Company expects to hold the Zimmer Corporation bonds for more than one year. On its classified balance sheet, Hans Company should report the Zimmer Corporation bonds as1. a current asset.2.an intangible asset.3.stockholders' equity.4.property, plant, and equipment.5.a long-term investment.
Answer:
5. a long-term investment.
Explanation:
A long-term investment is the accounts that are recorded on the asset of the balance sheet of an organization. Long-term investment are investments of the organisation which comprises of real estate, stocks, cash, and bonds which the company has the intention of keeping it for more than one year.
A long-term investment is different from a short term investment because the company can decide to sell it within a period less than one year.
A long term investment is more risky than the short term investment, because the long term investment has the potential give the holders higher rewards because of their willingness exercise patience and allow their capital to be tied up for a period of time that is longer.
Since Hans Company expects to hold the Zimmer Corporation bonds for more than one year, it is therefore a long-term investment.
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A firm began a mineral exploitation venture during the current year by spending (1) $40 million for the mineral rights; (2) $100 million exploring for the minerals, one-fourth of which were successful; and (3) $60 million to develop the site. Management estimated that 20 million tons of ore would ultimately be removed from the property. Wages and other extraction costs for the current year amounted to $10 million. In total, 2 million tons of ore were removed from the deposit in the current year. The entire production for the period was sold. Compute cost of goods sold under the successful efforts method.
Answer:
cost of goods sold 22,500,000 debit
ore deposit 12,500,000 credit
wages payables 10,000,000 credit
Explanation:
40,000,000 + 25,000,000 + 60,000,000 = 125,000,000 incurred cost to make the site ready for extractions
rate per ton:
125,000,000 / 20,000,000 = $6.25
each tons deplete 6.25 of the mining deposit.
2,000,000 tons x 6.25 = 12,500,000
then we also add up the 10,000,000 extraction cost
During the current year, Walter invests $35,000 in each of two separate corporations. Each investment gives him a 20% ownership interest. Corporation X is a C corporation that has a taxable income of $200,000 and pays dividends totaling $50,000. Corporation Z is an S corporation that has a taxable income of $100,000 and pays $50,000 of dividends. As a result of these two investments, Walter
Answer:
B) Only statement II is correct.
II. Has $20,000 of taxable income from Corporation Z.Explanation:
One of the disadvantages of a C Corporation is that their owners (stockholders) are double taxed. That means that the corporation is taxed and then the stockholders are taxed depending on the dividends that they receive. In this case, Walter has $10,000 of taxable income from Corporation X (= $50,000 x 20%).
On the other hand, sole proprietorships, partnerships, limited liability companies and S Corporations are not taxed, they are pass through entities whose owners are taxed directly. In this case, Walter owns 20% of Corporation Z, therefore he must pay taxes on 20% of taxable income = $100,000 x 20% = $20,000.
When the supply curve shifts out (to the right) and the demand curve shifts out (to the right), the equilibrium quantity will:a) increase.b) decrease.c) be indeterminate.d) There is not enough information to tell.Q
Answer:
increase.
Explanation:
When the supply curve shifts out, supply increases and price falls. When the demand curve increases, the demand increases and price increases. The overall effect on demand would be an increase in demand.
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Stowell earns 20% interest compounded annually on his savings. He will deposit $1,500 today, $1,650 one year from today, and $1,820 two years from today. What will be the account balance three years from today? (Round intermediate calculations to nearest four decimals.)
The account balance will be $7,152 three years from now.
Explanation:
The annual interest is 20%. The formula to calculate compound interest is
A = P × (1 + (r/n))^tn where A is the amount after adding the compound interest, P is the interest, r is the interest %, n is number of compounds per year and tn is the years to be calculated but since the interest is compounded yearly and we check the balance every year we get that the n and rn equal to 1 so we get that A = P (1 +r)^1
So for the beginning of the first year where principal is $1,500,
A = $1,500 (1 + 0.20) = $1,500 (1.20) = $1,800.
For the beginning of the second year, the current balance is $1,800 and another $1,650 is added so prinicipal P is equal to $1,800 + $1,650 = $3,450,
A = $3,450 (1 + 0.20) = $3,450 (1.20) = $4,140.
For the start of the third year, current balance is $4,140 and $1,820 is added so principal is $4,140 + $1,820 = $5,960,
A = $5,490 (1 + 0.20) = $5,490 (1.20) = $7,152.
Final answer:
To find Stowell's account balance after three years with a 20% annual compound interest, calculate the future value of each deposit ($1,500 today, $1,650 in one year, and $1,820 in two years) and sum them up.
Explanation:
Stowell's account balance three years from today, with 20% interest compounded annually, can be calculated considering each of the deposits separately and then adding them together. The deposits made are as follows: $1,500 today, $1,650 one year from today, and $1,820 two years from today. We'll calculate the future value of each deposit after three years and sum them to find the total balance.
The formula for compound interest is A = P(1 + r)^n, where P is the principal amount, r is the annual interest rate (as a decimal), and n is the number of compounding periods.
First Deposit: $1,500 will compound for three years:So for the beginning of the first year where principal is $1,500,
A = $1,500 (1 + 0.20) = $1,500 (1.20) = $1,800.
For the beginning of the second year, the current balance is $1,800 and another $1,650 is added so prinicipal P is equal to $1,800 + $1,650 = $3,450,
A = $3,450 (1 + 0.20) = $3,450 (1.20) = $4,140.
For the start of the third year, current balance is $4,140 and $1,820 is added so principal is $4,140 + $1,820 = $5,960,
A = $5,490 (1 + 0.20) = $5,490 (1.20) = $7,152.
Jessica is a U.S. Army Reservist and in 2019 traveled 130 miles each way to serve duty at a local military installation. She was required to report four times in 2019. Her normal route from home to the base included a $1.75 toll each way. Jessica's for AGI deduction for these costs is:________.
a. $0.
b. $14.00.
c. $122.00.
d. $566.80.
e. $580.80.
Final answer:
Jessica's for AGI deduction for the travel costs to the military installation is based on toll costs alone, since the standard mileage rate is not provided in the information. The calculation comes to a total of $14.00 which is the sum of the tolls paid for four round trips, making option b the correct answer. Since the IRS standard mileage rate is not provided, the mileage costs cannot be calculated.
Explanation:
To determine Jessica's for AGI deduction for her travel costs to the military installation, we need to calculate the total amount she spent. Jessica traveled 130 miles each way and reported for duty four times in 2019. Although the information provided does not explicitly state the IRS deductible rate for travel in 2019, typically the Internal Revenue Service (IRS) allows a certain amount per mile driven for business purposes.
For the sake of this example, let's use the standard IRS mileage rate for 2019, which was 58 cents per mile for business travel. However, the actual problem doesn't provide us with a mileage rate, so we cannot calculate the mileage costs without this information.
Jessica incurred a $1.75 toll each way during her trips. Since she made four round trips, the total toll cost would be 4 trips × 2 tolls per trip × $1.75 per toll, which equals $14.00.
Since the information on the standard mileage rate is missing, we cannot complete the calculation for mileage costs accurately. However, with the toll costs alone, Jessica's for AGI deduction for these costs, based only on available information, would be $14.00, which corresponds to option b.
A group of American firms accused Japanese manufacturers of selling flat screens used in laptop computers at prices as much as 70% less than manufacturing cost. This is an example of _______.
A. A cartel
B. Embargo
C. Tariff
D. Dumping
Answer:
D. Dumping
Explanation:
Overview
It is a business policy at which foreing company's sale a product way below their normal domestic cost. Dumping is prohibited if threatens to hurt the country's economy to later take the market. D
It is considered an unfair and not loyal competitive strategy. Negative effect of dumping is that countries tries to apply more protectionism to trade making more difficult ot the domestic firms to compite with the foreing one.
7. The Johnsons are in an auto accident with a driver who lives near them in the same town. No one is injured but the Johnsons' car suffered $5,000 in damages. Why can't the Johnsons sue the other driver in federal court?
Answer:
Because the Johnson's live in the same state and the damages are too small.
Explanation:
Answer:
The Johnsons live in the same state with the other driver, intact they are neighbours. So this issue will be handled by the district court.
The damages that occurred on the Johnson's car ($5,000) is too small to be handled by federal court.
Explanation:
Tiffany owns a health club and contracts to buy a set of weights from Dylan for $10,000. Dylan is hurting financially, so he changes the dollar amount on the contract to $18,000. Before delivering the weights, Dylan attempts to collect the $18,000 from Tiffany who accuses him of trying to cheat her. She has a copy of the contract with the original amount. When they end up in court, the court likely will
Discharges the contract by not enforce the contract at all because of the change made by Dylan. T/F
Answer:
True
Explanation:
Dylan's alteration of the contract terms automatically discharges (terminates) the contract, since the consideration was changed. Dylan's consideration remained the same, providing some set of weights, but Tiffany's consideration was wrongfully and illegally changed by Dylan($18,000 instead of $10,000), so the contract is terminated.
Tom needs a new washing machine. A new one costs $400. He decides to save and buy one next year. All other factors being equal, if inflation is 4%, the washing machine will cost ______ next year. This should be an even answer with no need for decimals.
Final answer:
If inflation is at 4%, the cost of a $400 washing machine next year would be $416, calculated using the future cost formula which considers the inflation rate.
Explanation:
If inflation is at 4%, we can calculate the cost of the washing machine next year by applying the inflation rate to the current price. The formula to calculate the future cost in the presence of inflation is:
Future Cost = Current Price × (1 + Inflation Rate)
Given that the current price of the washing machine is $400, and assuming an inflation rate of 4%, we can plug these values into our formula:
Future Cost = $400 × (1 + 0.04)
Future Cost = $400 × 1.04
Future Cost = $416
So, if inflation is at 4%, next year the washing machine will cost $416.
It is important to note that this calculation assumes a steady inflation rate and does not account for any potential changes in the price due to factors other than inflation, such as technological advancements or changes in market demand.
Additionally, we see the impact of inflation on purchasing power. As prices generally increase with inflation, the same amount of money will buy fewer goods and services.
If the expected return on Stock 1 is 6%, and the expected return on Stock 2 is 20%, the expected return on a two-asset portfolio that holds 10% of its funds in Stock 1 and 90% in Stock 2 is:________
A) 13%
B) 18.6%
C) 11.52%
D) 19.14%
Answer:
B) 18.6%
Explanation:
Given that
The expected return on Stock 1 is 6% and the holding percentage is 10%
The expected return on Stock 2 is 20% and holding percentage is 20%
So, The computation of the total expected return is
= Expected return on Stock 1 × holding percentage + Expected return on Stock 2 × holding percentage
= 6% × 10% + 20% × 90%
= 0.6% + 18%
= 18.6%
Basically we multiplied the expected return with its holding percentage
Suppose that the country of Samiam produces only eggs and ham. In 2005 it produced 100 dozen eggs at $3 per dozen and 50 pounds of ham at $4 per pound. In 2004, the base year, eggs sold for $1.50 per dozen and ham sold for $5 per pound. For 2005,
a. nominal GDP is $400, real GDP is $400, and the GDP deflator is 100.
b. nominal GDP is $500, real GDP is $400, and the GDP deflator is 80.
c. nominal GDP is $400, real GDP is $500, and the GDP deflator is 125.
d. nominal GDP is $500, real GDP is $400, and the GDP deflator is 125.
Answer:
d. nominal GDP is $500, real GDP is $400, and the GDP deflator is 125.
Explanation:
Real GDP is total output produced in an economy within a given period multiplied by base year prices
Nominal GDP is the sum of all final goods and services produced in an economy within a given period multiplied by current year prices.
Nominal GDP = (100 × $3) + (50 × $4) =
$500
Real GDP = (100 × 1.5) + (50 × $5) = $400
GDP deflator = (nominal gdp / real gdp) x 100
(500 / 400) × 100 = 125
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For a high-school student, Tim is highly concerned about environmental issues. He is a strong supporter of the garbage recycling and afforestation campaigns taken up by the environmental activists in his neighborhood. He wants to become a full time volunteer for their upcoming wildlife protection program and has even saved money to contribute to the cause. This group of environmental activists can be categorized under which of the following reference groups?
A) primary group
B) secondary group
C) aspirational group
D) dissociative group
E) cognitive group
The correct answer is C) Aspirational group
Explanation:
An aspirational group refers to a group an individual wants to join. This is usually because the individual considers the values, ideas, practices, and behavior of the group are positive or fit his/her ideas and values. Additionally, aspirational groups are part of reference groups (groups that individuals use as standards) and include groups in which there are interaction and sense of identity or groups that include people with common features but not interaction.
In the case presented, the environmental activists are an aspirational group because Tim wants to join this group and considers the values, ideas, etc. of this group are ideal, this explains why Tim admires the actions of this group. Moreover, this group holds similar values, beliefs, etc. to those of the high-school student.
Libra Electronics specializes in manufacturing computers and computer accessories. The company is planning to introduce a whole new range of mobile phones in the market with staggered releases throughout the following five years. In this scenario, Libra Electronics is developing a(n) ________
Libra Electronics specializes in manufacturing computers and computer accessories. The company is planning to introduce a whole new range of mobile phones in the market with staggered releases throughout the following five years. In this scenario, Libra Electronics is developing a(n) Strategic plan.
Explanation:A document that depicts about the goals of an organisation and the steps that are to be taken in achieving these goals are called as strategic plans.There are three main things that are taken into consideration during the development of a strategic plans.
It must include planing visions, scenarios and issues that are related to it. In the scenario given in the question, Libra electronics has plans of introducing new range of mobile phones. It produces plans for the execution of the plan for five years and so this is an example of developing a strategic plan.
Trevor has discounted an entire line of products on his website and wants to use Google Display Ads to drive sales. How does Google Display Ads targeting help Trevor reach his marketing objective?
A) Google Display Ads will build a social following for Trevor’s products to improve customer engagement and drive larger transactions.
B) Google Display Ads will build Trevor’s brand awareness by showing customized ads to customers who are browsing websites that Trevor chooses.
C) Google Display Ads will help place Trevor’s ad before customers who already showed interest in his brand.
D) Google Display Ads will improve Trevor’s customer-service outreach by finding audiences using his products.
Answer:
The most suitable answer is B) Google Display Ads will build Trevor’s brand awareness by showing customized ads to customers who are browsing websites that Trevor chooses.
Explanation:
Trevor can select certain websites that are related with the product line he offers. For an example, if they are health related products, the website can be health blog.
This enables him to target the specific customers he is after and that makes the marketing campaign very effective at grabbing the customer awareness.
G-Display Ads targeting can help Trevor reach his marketing objective by building brand awareness and reaching customers who have shown interest in his products.
Explanation:G-Display Ads targeting can help Trevor reach his marketing objective by building brand awareness and reaching customers who have shown interest in his products. By using G-Display Ads, Trevor can show customized ads to customers who are browsing websites that he chooses, increasing the chances of reaching potential customers. This can lead to improved customer engagement and larger transactions.
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Which event will NOT cause the supply curve for kayaks to shift to the left?1. an increase in the costs of materials to build a kayak 2. a decrease in the price of a kayak 3. an increase in the taxes on kayaks4. a decrease in the number of sellers of kayaks
Answer:
a decrease in the price of a kayak
Explanation:
A decrease in the price of kayaks leads to a downward movement along the supply curve for kayaks and not a shift of the supply curve.
An increase in the costs of materials to build a kayak and an increase in the taxes on kayaks increases cost of production and discourages production. Therefore, supply would fall. The supply curve would shift to the left as a result.
A decrease in the number of sellers of kayaks would reduce sipply and supply would fall. The supply curve would shift to the left as a result.
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In a certain country, income tax is assessed as follows. There is no tax on income up to $15000. Any income over $15000 is taxed at a rate of 15%, up to an income of $25000. Any income over $25000 is taxed at 20%.a) Sketch the graph of the tax rate R as a function of the income I.
b) How much tax is assessed on an income of $14,000? On $26,000?
c) Sketch the graph of the total assessed tax T as a function of the income I.
Answer:
Explanation:
a) attached graph
b) 14,000 income will be exempt of taxation
26,000 income
amount above 15,000 --> 11,000
11,000 x 15% = 1,650
c) attached graph
I'maGoldMiner has benefited from a record rise in gold prices in the global commodities market. While the price of its output is highly influenced by market speculation, if it wants to increase production to take advantage of the current profit-maximizing opportunity, the company1. must accept market price for its physical capital inputs.2. must reduce what it pays for inputs that make up its costs of production.3. must reduce production to encourage speculators to drive gold prices higher.4. must alter the price of its labor inputs to maximize profits.
Answer:
1) must accept market price for its physical capital inputs.
Explanation:
Option 1 is correct because the company must increase it production output, so it can benefit from current high prices. Sometimes increasing production results in higher unit costs, but if those higher costs are offset by higher prices, then it is worth it.
Option 2 is wrong because the company must focus on increasing its production level in order to benefit from higher prices.
Option 3 is wrong because the company must increase its production level in order to benefit from higher prices.
Option 4 is wrong for the same reason as option 2.
Carrie, a new salesperson for Brenham Foods, calls in an order for twice the amount of merchandise that Corner Market requested because she knows that it will increase her sales and will not be noticed by Corner Market. This is an example of how ____ influences ethical decision making.
a. opportunity.
b. exposure.
c. a significant other.
d. a peer.
e. an external reward.
Answer: Opportunity
Explanation:
Carrie's unethical decision making is triggered by the fact that she has just been given the opportunity to become the salesperson for her company. In some cases people's behavior to ethics could be negatively influenced, if they had the opportunity to occupy some key offices.
MNM & Co incurred depreciation expenses of $36,810 last year. The sales were $903,480 and the addition to retained earnings was $11,530. The firm paid interest of $7,711 and dividends of $7,500. The tax rate was 33 percent. What was the amount of the costs incurred by the company?
Answer:
The costs incurred by the company is the same as the costs of good sold of the company-MNM&Co ,last year.
The costs of good sold=$830,556.01
Explanation:
The detailed computation is found in the excel file attached.
As Talia researches MNCs, she will find that they: Check all that apply. a. Transfer capital, technology, and people among their affiliates in various countries
b. Expect their executives to look at the business environment globally—as one market for strategy, sourcing, production, and sales and marketing
c. Ultimately integrate their diverse activities in a centralized headquarters function, which may be physically located in one or more countries
d. Enjoy almost universal positive regard among the public in their home country and the countries in which they operate
MNCs transfer capital, technology, and people; expect executives to consider the global business environment; integrate diverse activities in a centralized headquarters function.
Explanation:MNCs, or Multinational Corporations, engage in various activities that contribute to their global operations and success. Firstly, they transfer capital, technology, and people among their affiliates in different countries to optimize resources and expertise. Secondly, MNCs expect their executives to have a global perspective and consider the business environment as one market for strategy, sourcing, production, and sales and marketing. Thirdly, MNCs tend to integrate their diverse activities in a centralized headquarters function, which could be physically located in one or more countries.
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Ebdino, a company that manufactures tires, observes that the sales of its traditional tires have declined drastically and that the sales of tubeless tires have increased. Ebdino hence decides to stop manufacturing traditional tires and replace them with tubeless tires. In the context of innovation streams, which of the following concepts does this scenario best illustrate?
Technological substitution T/F
Answer: True- Technological substitution
Explanation:
The technological substitution is the term which refers to the preference of the consumers to the one product from the another and it is basically due to the advancement in the technology.
The technological substitution plays an important role at the time of purchasing the products in the market. The technological characteristics and also the features attract the consumers for buying their products and the services.
According to the given question, the Technological substitution is one of the concept that best illustrating the given scenario based on the manufacturing innovation streams.
Therefore, Technological substitution is the correct answer.
. A firm decides to pay for a small investment project through a $1 million increase in short-term bank loans. This is best described as an example of a(n): A. financing decision. B. investment decision. C. capital budgeting decision. D. capital market decision.
Answer:
A. financing decision.
Explanation:
The financial decision refers to that decision which reflects the borrowing and fund allocation. It also results in the investment that is paid and expenses held that can increase the shareholder wealth.
It consists of capital structure, working capital management decisions. The capital structure shows a mix of debt and equity whereas the working capital shows the current assets and the current liabilities
According to the given situation, since the small investment project is paid through a $1 million that shows a financing decision
FreshBean is an online grocery delivery service. Its employees and customers, the farmers from whom the company obtains its products, and the people who live in the community where the company operates are FreshBean's ________.A. union organizers
B. shop stewards
C. philanthropists
D. stakeholders
Answer:
D. stakeholders
Explanation:
Stakeholders -
It refers to the group of people , who are interested in the particular company and can affect the business or can get themselves affected by the business , are referred to as the stakeholders .
The primary stakeholders are the suppliers , customers , employees and investors .
Hence , from the given scenario of the question,
The correct option is D. stakeholders .
$1,000 of supplies were purchased at the beginning of the month. $300 were used during the month. (The Supplies account was increased at the time of the initial purchase.) Demonstrate the required adjusting journal entry by selecting from the choices below. (Check all that apply.)
Answer:
Explanation:
Given that
Beginning of month supplies purchased for $1,000
And, the supplies used = $300
So, The adjusting entry is as follows
1. Supplies expense A/c Dr $700
To supplies A/c $700
(Being supplies expense is recorded)
The supplies expense is computed by
= Supplies balance - supplies used
= $1,000 - $300
= $700
The required adjusting journal entry is :
Debit Supplies expense for $300
Credit Supplies for $300
Since $300 of supplies were used during the month which means that the appropriate journal entry will be:
Debit Supplies expense $300
Credit Supplies $300
(To record supplies)
Inconclusion The required adjusting journal entry is:
Debit Supplies expense for $300
Credit Supplies for $300
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A property is destroyed before escrow closes. Risk of loss would be _________(a) with the seller if possession had not passed and the loss was not due to the fault of the purchaser.(b) with the buyer if either possession or title has passed and not the fault of the seller. (c) with the escrow holder if not the fault of the buyer or seller. (d) both a and b are correct.
Answer:
The correct answer is letter "D": both a and b are correct.
Explanation:
Escrow is a two-party financial agreement that usually involves a buyer and a seller. The buyer deposits money, securities or other funds into the escrow account where they are kept until they fulfill certain predefined requirements for both parties involved. The funds are then passed on to the seller.
If there is damage on the property, the risk loss is transferred to the buyer if the title has already been transferred to the buyer and if the damage is not the fault of the seller. If the seller still possesses the property's title, the damage must be covered by the seller in case the buyer is not involved in it.
Expansionary fiscal policy actions include __________ government spending and/or __________ taxes, while contractionary fiscal policy actions include __________ government spending and/or __________ taxes.
Answer:
increasing; decreasing; decreasing; increasing
Explanation:
Answer:
Expansionary fiscal policy actions include __increase__ government spending and/or _decrease_ taxes, while contractionary fiscal policy actions include __decrease_ government spending and/or __increase__ taxes.
Explanation:
The fical policy stand for what is the government doing to the aggreate demand curve.
When it is expanding it means it increase their defecit or reduces their surplus
As increases the expenses or reduces the taxation on the agent ( enterprise and families). Both, makes more demand for good as the consumer will consumer a protion of the tax-cut and save another (increasing investing) while the spending will consume goods.
The opposite will occur at a contractionary fiscal polocy. In this policy the state weight in the economy decreases.