According to the law of supply, what happens to the quantity that
the suppliers create when the prices increase?

Answers

Answer 1

Answer: the quantity supplied also increases.

Explanation: The law of supply states that there is a direct relationship between price and quantity supplied. In other words, when the price increases


Related Questions

For each of the following scenarios, please decide whether there will be an increase, decrease, or no change in aggregate demand.

a. The United States government decides to increase the federal tax rate by 4% for all earners.
b. The Federal Reserve, the agency charged with regulating banking and monetary policy in the United States, decides to increase the amount of money available in the economy.
c. The newest release of the Consumer Confidence Index shows a steady increase in consumer confidence about the economy.
d. A manufacturing boom during the late 1990s has created an oversupply of tractors, a necessary implement in agricultural production.

Answers

Answer:

a. Decrease

If the Federal government increases taxes on people, they will have less money to spend and save after paying their taxes. This will reduce their consumption and investment (savings) thereby leading to a lower aggregate demand.

b. Increase

An increase in the money supply means that people will have more money to spend on goods and services. They will therefore consume more. More money in the economy reduces interest rates so people will borrow to invest more as well. These two things will combine for an increase in aggregate demand.

c. Increase

If consumers are more confident about their economy, it means they find it safe to invest in it. As they invest, the investment component of aggregate demand would rise which would increase aggregate demand.

d. Decrease

The oversupply from recent years will mean that investment required in recent years will be less. This will lead to a lower aggregate demand.

The common stock of Eddie's Engines, Inc. sells for $18 a share. The stock is expected to pay $1.58 per share next month when the annual dividend is distributed. Eddie's has established a pattern of increasing their dividends by 2.8% annually and expects to continue doing so. What is the market rate of return on this stock

Answers

Answer:

11.6%

Explanation:

Calculation for What is the market rate of return on this stock

Using this formula

Rate of return=D/P + g

Where,

D=1.58 per share

P=$18

g=.028

Let plug in the formula

Rate of return=1.58/$18+.028

Rate of return =0.088+.028

Rate of return=0.116*100

Rate of return=11.6%

Therefore the market rate of return on this stock will be 11.6%

Amazon Inc. is one of the world's leading e-commerce companies, with almost $120 billion in revenues for the fiscal year ended December 31, 2017. For the year ended December 31, 2017, Amazon's cost of goods sold was $111,934 million. Assume that all purchases were made on account. The following T-accounts reflect information contained in the company's 2017 and 2016 balance sheets (in millions).

Inventories Account payable
12/31/2016 Bal. $11,461 $25,309 12/31/2016 Bal.
12/31/2017 Bal. $16,047 $34,616 12/31/2017 Bal.

Required:
a. Prepare the entry, using the financial statement effects template and in journal entry form, to record cost of goods sold for the year ended December 3 1 , 2017.
b. Prepare the entry, using the financial statement effects template and in journal entry form, to record Amazon's inventory purchases for the year ended December 31, 2017. (Assume all purchases are made on account.)
c. What amount did Amazon pay in cash to its suppliers for the year ended December 3 1 , 2017?

Answers

Answer:

a. Date            Accounts Title & Explanation   Debit $'m    Credit $'m

Dec 31, 2017    Cost of Goods Sold                       $111,934  

                                Inventories                                                   $111,934

                        (COGS recorded for 2017 sale)

b. Date            Accounts Title & Explanation   Debit $'m    Credit $'m

Dec 31, 2017     Inventories                                    $116,520

                                 Accounts Payable                                     $116,520

                        (Inventories purchased in 2017)

Inventory Purchases = COGS + Closing Inventory - Opening Inventory = $111,934 + $16,047 - $11,461 = $116,520

c.  Date            Accounts Title & Explanation   Debit $'m    Credit $'m

Dec 31 2017     Accounts Payable                         $107,213

                                Cash                                                            $107,213

                        (Payment to suppliers for 2017 purchases)

Payment to suppliers = Purchases + Opening AP balance - Closing AP Balance = $116,520 + $25,309 - $34,616 = $107,213.

The 2018 balance sheet of Speith’s Golf Shop, Inc., showed long-term debt of $5 million, and the 2019 balance sheet showed long-term debt of $5.25 million. The 2019 income statement showed an interest expense of $165,000. The 2018 balance sheet showed $510,000 in the common stock account and $4.6 million in the additional paid-in surplus account. The 2019 balance sheet showed $550,000 and $4.8 million in the same two accounts, respectively. The company paid out $410,000 in cash dividends during 2019. Suppose you also know that the firm’s net capital spending for 2019 was $1,370,000, and that the firm reduced its net working capital investment by $69,000. What was the firm's 2019 operating cash flow, or OCF?

Answers

Answer:

$1,386,000

Explanation:

The computation of the operating cash flow is shown below:

But before that following calculations must be done

Cash Flow to Creditors

Cash Flow to Creditors = Interest Expenses Paid - Net Increase in Long term debt

= Interest Expenses Paid - [Ending Long term debt  - BEginning Long term Debt]

= $165,000 - [$5,250,000 - $5,000,000]

= $165,000 - $250,000

= -$85,000

Cash Flow to Stockholders

Cash Flow to Stockholders = Dividend Paid - Net New Equity

= Dividend Paid - [(Ending Common stock  + Ending Additional paid-in surplus account ) - (Opening Common stock  + OPening Additional paid-in surplus account )

= $410,000 - [($550,000 + $4,800,000) - ($510,000 + $4,6000,000)]

= $410,000 - [$5,350,000 - $5,110,000]

= $410,000 - $240,000

= $170,000  

Cash Flow from assets

Cash Flow from assets = Cash Flow to Creditors + Cash Flow to Stockholders

= -$85,000 + $170,000

= $85,000

Operating Cash Flow  

= Operating Cash flows - Change in Net Working capital - Net Capital Spending

$85,000 = Operating cash flow - (-$69,000) - $1,370,000

= $85,000 - $69,000 + $13,70,000

= $1,386,000

Splish Brothers, Inc. On December 31, 2017, Splish Brothers, Inc. has $1,760,000 of short-term debt in the form of notes payable to Michaels State Bank due February 5, 2018. On January 28, 2018, Splish Brothers issued 17,600 shares of common stock at $75 per share. Splish Brothers used the proceeds of $1,320,000 from the stock issuance, along with $572,000 in cash to retire the short-term debt and associated accrued interest on February 5, 2018. Splish Brothers will issue its December 31, 2017 financial statements on February 25, 2018.
Marigold Corp. On December 31, 2017, Marigold Corp. has $2.640,000 of short-term notes payable to Indiana Bank & Trust. The notes are due on January 31, 2018. Marigold retired the notes, along with $176,000 in accrued interest, in full on January 31, 2018. On February 11, 2018, Marigold obtained $3,960,000 in long-term financing from Terre Haute Bank & Trust. The new debt bears interest at 5 percent, with interest payments due annually. Marigold will issue its December 31, 2017 financial statements on February 28, 2018.
Prepare partial balance sheets for Splish Brothers, Inc. and Marigold Corp. at December 31, 2017, showing how both companies' short-term debt should be presented. (Enter account name only and do not provide descriptive information.)

Answers

Answer:

Splish Brothers, Inc

Note payable $1,760,000

Marigold Corp

Note payable $2,640,000

Explanation:

Prepare partial balance sheets for Splish Brothers, Inc. and Marigold Corp. at December 31, 2017,

Preparation of partial balance sheets for Splish Brothers, Inc at December 31, 2017,

Equity and Liabilities

Short term debt

Note payable $1,760,000

Preparation of partial balance sheets for Marigold Corp. at December 31, 2017,

Equity and Liabilities

Short term debt

Note payable $2,640,000

A man with ​$20,000 to invest decides to diversify his investments by placing ​$10,000 in an account that earns 5.2​% compounded continuously and ​$10,000 in an account that earns 6.4​% compounded annually. Use graphical approximation methods to determine how long it will take for his total investment in the two accounts to grow to ​$35,000. It will take approximately nothing years for his

Answers

Answer:

9.749 years

Explanation:

Given that :

Principal, P = 20,000

Total investment A = 35000

Investment 1:

P = $10,000

Compounded continuously at r = 5.2% = 0.052

A = Pe^rt

Investment B:

P = $10,000

Compounded annually at r = 6.4% = 0.064

A = P(1 + r)^t

Hence, final amount, A on both investment = 35000

A = Pe^rt + P(1 + r)^t

35000 = 10000e^0.052t + 10000(1 + 0.064)^t

Divide through by 10000

3.5 = e^0.052t + 1.064^t

t = 9.749123

t = 9.749 years

Children are likely to carry on the economic tildes of there parents in a __?

A:mixed economy
B:command economy
C:traditional economy
D: market economy

Answers

In a traditional economy option C

Why might Robert choose to attend a technical school rather than a four-year university?
Select one:
a. There are more options and greater earning potential at technical schools.
b. There are more opportunities for advancement in technical schools.
c. Some trades are in higher demand than certain university degrees.
d. The social aspect of technical schools is more appealing.

Answers

Answer:

b. There are more opportunities for advancement in technical schools.

Explanation:

Technical schools teach more specific courses and generally last one or two years. If a student needs to get some type of specific education that allows to work fast, e.g. becoming an electrician, a technical school is a better option. While college careers yield higher benefits in the long run, in the short run some people might need to get technical degrees.

Answer:

The answer is C. Some trades are higher in demand then certain university degrees.

Explanation:

I took the test :)

Inattentive Driving. While cutting class and driving off campus to check on her new dress for the upcoming formal, Molly, a busy college student, is busy talking on her cell phone with her friend Sharon. Molly is trying to talk Sharon into going to the dance with her brother, who has a big crush on Sharon. Unfortunately for Molly, there is a statute in her state outlawing talking on a cell phone while operating a motor vehicle. Molly crashes into the side of Sam's new convertible when she looks down to pick up a can of soda she just dropped onto her new jeans. A police officer just down the street comes over to investigate. Molly explains to him that it was difficult to hold the cell phone in one hand, the soda in the other, and also drive. The officer was not impressed. Around that time Sam comes along. He is furious regarding the significant dent in his new car. Molly says she has insurance and that she will cover the whole incident. Sam says that is insufficient. The officer is annoyed because it is his lunch break. He tells Molly that she must obey the law and proceeds to write several citations to her. Which of the following is true regarding Molly's predicament?
A. Public law only.
B. Private law only.
C. Public law, private law, civil law, and criminal law.
D. Criminal law and public law only.
E. Civil law and private law only.

Answers

Answer:

C.

Explanation:

Under civil law, Molly has caused damages to sam's car and she has to be held liable for this.

She has also violated criminal law as her action is against the public as a unit. She violated this by driving and endangering the lives of people by talking on phone while driving.

She has also violated public alw as criminal law is one of the types of public law.

She is in violation of private law by causing damages to sam's car. Private law has to do with the relationship existing between people, one of such example is the law of property.

You have decided to undertake a project and have defined the main research question as "what are the opinions of consumers to a 20% reduction in weight, with the price remaining the same, of a pack of lucky me pancit canton?" Write a hypothesis that you could test in your project.​

Answers

I have no clue but I do know I’ll get hella points if I just have a hug. As sentence in a few weeks I don’t think it would have been the bath and the other stuff but it is a little too hard for you but I rgotta uroor rthe for a few minutes to see what I was thinking of doing that but I’m not sure if it is ok with it but

Consider two neighboring island countries called Euphoria and Contente. They each have 4 million labor hours available per week that they can use to produce corn, jeans, or a combination of both. The following table shows the amount of corn or jeans that can be produced using 1 hour of labor.

Country Corn (Bushels per hour of labor) Jeans (Pairs per hour of labor)
Euphoria 4 16
Contente 6 12

Initially, suppose Contente uses 1 million hours of labor per week to produce jeans and 3 million hours per week to produce corn, while Euphoria uses 3 million hours of labor per week to produce jeans and 1 million hours per week to produce corn. Consequently, Euphoria produces 12 million pairs of jeans and 16 million bushels of corn, and Contente produces 6 million pairs of jeans and 36 million bushels of corn. Assume there are no other countries willing to trade goods, so, in the absence of trade between these two countries, each country consumes the amount of jeans and corn it produces.

Euphoria's opportunity cost of producing 1 bushel of corn is___________ pair of jeans, and Contente's opportunity cost of producing 1 bushel of corn is__________ pair of jeans. Therefore,___________ has a comparative advantage in the production of corn, and__________ has a comparative advantage in the production of jeans.

Answers

Answer:

4

2

Contente

Euphoria

Explanation:

Euphoria's opportunity cost of producing 1 bushel of corn is [tex]\frac{16}{4}[/tex] = 4 pair of jeans, and Contente's opportunity cost of producing 1 bushel of corn is [tex]\frac{12}{6}[/tex] = 2 pair of jeans. Therefore,  Contente has a comparative advantage in the production of corn, and Euphoria  has a comparative advantage in the production of jeans.

Quantitative Problem: Jenna is a single taxpayer. During 2018, she earned wages of $113,000. She doesn't itemize deductions, so she will take the standard deduction to calculate 2018 taxable income. In addition, during the year she sold common stock that she had owned for five years for a net profit of $5,200. How much does Jenna owe to the IRS for taxes

Answers

Solution :

Item                                                 Amount

Income                                             $113,000

Personal exemption for one             $ 4,050

Standard deduction                          $ 6,350

Taxable income                                $102,600

Therefore the taxable income is $102,600.

Now the tax payable on the taxable income is given by :

Marginal tax rate                            Amount brackets

10%                                                   $0 - $ 9,325

15%                                                   $ 9,326 - $ 37,950

25%                                                 $ 37,951 -$ 91,900

28%                                                  $ 91,901 - $ 191,650

Now according to the above taxable slab, the amount of tax on the wages earned by Jenna is :    

Tax payable = [tex]$= (0.1 \times 9325)+(0.15 \times (37950 - 9325))+(0.25 \times (91900 - 37950))+(0.28 \times (102600-91900))$[/tex][tex]$= (0.1 \times 9325)+(0.15 \times 28625)+(0.25 \times 53950)+(0.28 \times 10700)$[/tex]

= 932.5 + 4293.75 + 13487.50 + 2996

= $ 21,709.75

There is also a long term capital gain of $ 5,200 that is earned by selling the common stock.

Now as per IRS, the capital gain of a long term tax percentage for an individual single filer is in 28% tax slab category is 15%.

Therefore the tax on the capital gain of $ 5,200 is  =  0.15 x 5200

                                                                               = $780

Thus the total tax payable by Jenna is  =  $ 21,709.75 + $ 780

                                                             = $ 22,489.75

Which of the following is true of import tariffs and quotas? a. Because they increase the output levels of domestic firms, they tend to lower domestic prices. b. They benefit domestic producers. c. Specialization and comparative advantage are advanced by tariffs and quotas. d. Domestic consumers gain because they purchase the output of domestic firms. e. They tend to expand the volume of world trade.

Answers

Answer:

b. They benefit domestic producers.

Explanation:

The tariff and quotas would rise the goods value in the market price that permits the domestic consumer who was fire out also the production would be increased but at a higher cost so at the time it would harm the local consumer but it benefit the producer

Therefore the option b is correct

You are looking at a one-year loan of $26,000. The interest rate is quoted as 11 percent plus two points. A point on a loan is 1 percent (one percentage point) of the loan amount. Quotes similar to this one are common with home mortgages. The interest rate quotation in this example requires the borrower to pay two points to the lender up front and repay the loan later with 11 percent interest.
What rate would you actually be paying here? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Interest rate %

Answers

Answer:

the rate of interest is 13.27%

Explanation:

The computation of the actual rate paid is shown below;

Present value is

= $26,000 - 2% of $26,000

= $26,000 - $520

= $25,480

The future value is

= $26,000 × (1 + 0.11)

= $28,860

Now as we know that

Future value = Present value × (1 + rate of interest)^number of years

$28,860 = $25,480 × (1 + rate of interest)

So, the rate of interest is 13.27%

The legal system affects corporate America in which of the following ways?
A. It operates on the periphery and does not affect the core activities of doing business.
B. Its involvement is generally limited to forming corporations or partnerships, providing for investment capital, and drafting contracts with CEOs.
C. The legal system does not necessarily facilitate or stabilize commercial practice.
D. The legal system has moved closer to the core activities of conducting business and succeeding in a competitive environment.

Answers

Answer:

C. The legal system does not necessarily facilitate or stabilize commercial practice.

Explanation:

The government of the United States is a federal system in nature. It has a written system and a common law legal system. The "legal system" of American is based on the system of federalism or the decentralization system.

The legal system for America on the other hand is for interpreting and enforcing the law. Advance development in the political and legal system may increase the risk of the country. Thus the legal system of America does not facilitate or the stabilize any commercial practice in america.

In 1880 five aboriginal trackers were each promised the equivalent of 100 Australian dollars for helping to capture the notorious outlaw Ned Kelley. In 2002 the granddaughters of two of the trackers claimed that this reward had not been paid. The Victorian prime minister stated that if this was true, the government would be happy to pay the $100. However, the granddaughters also claimed that they were entitled to compound interest.

Required:
a. How much was each granddaughter entitled to if the interest rate was 4%?
b. How much was each entitled to if the interest rate was 8%?

Answers

Answer:

A. $11,969.3

B. $1,195,909.1

Explanation:

a. Calculation for How much was each granddaughter entitled to if the interest rate was 4%

First step is to calculate the Time period

Time period=2002-1880

Time period=122 years

Now let calculate the Future value using this formula

Future value=PV(1+r)^122 years

Let plug in the formula

Future value=$100(1+0.04)^122 years

Future value=$100(1.04)^122 years

Future value=$11,969.3

Therefore How much was each granddaughter entitled to if the interest rate was 4% will be $11,969.3

b. Calculation for How much was each entitled to if the interest rate was 8%

First step is to calculate the Time period

Time period=2002-1880

Time period=122 years

Now let calculate the Future value using this formula

Future value=PV(1+r)^122 years

Let plug in the formula

Future value=$100(1+0.08)^122 years

Future value=$100(1.08)^122 years

Future value=$1,195,909.1

Therefore How much was each entitled to if the interest rate was 8% will be $1,195,909.1

2. How is CrudeOil violating its core value of treating oth-
ers with respect? What are some ways it could reincor-m
porate this core value into its organizational culture??

Answers

Answer:

1. Describe the organizational culture at CrudeOil. How does it contribute to the current situation?

Jim treated all of the employees with intimidating behavior based on productivity levels and not moral or ethical concepts. His leadership style is coercive and demands immediate compliance. If this style were summed up in one phrase, it would be "Do what I tell you." In my opinion, it should be avoided because it can alienate employees and create a hostile work environment.

2. How is CrudeOil violating its core value of treating others with respect?

What are some ways it could reincorporate this core value into its organizational culture? “The company’s core value is to treat everyone with respect”. Employees and supervisors, in my experiences, often treat colleagues in harsh and unethical manners only as far as the victim allows it to happen. Financial and reputational harm are questionable and unethical behaviors and organizational policies must be clearly established to reincorporate this value into its culture.

3. If Madison cannot report her problems to her immediate supervisor, what are some other ways she can handle the situation?

I would suggest for Madison to seek advice from a trusted professional, such as the HR compliance officer to verify the actions are inappropriate, if so, Madison needs to learn what process is available for voicing her concern to a higher level. Jim’s behavior is clearly unethical, but many of these behaviors are less clear and occur in complex situations. The most complicated situations often involve employees who witness what is, or appears to be, unethical behavior and are unsure how to respond, especially if job security is on the line...

This is some of it

Jim's leadership abilities breached CrudeOil's fundamental value of treating others with respect because he frequently treats coworkers harshly and unethically.

What are the three main uses of crude oil?

Petroleum-based products are used to power vehicles, heat buildings, and generate energy. Plastics, polyurethane, solvents, and countless more intermediate and finished commodities are produced by the petrochemical industry, which is a part of the industrial sector.

Jim's activities should therefore be addressed by top management in order to reintegrate this key principle into the organizational culture. Additionally, they could offer a variety of training to their staff, particularly those in higher positions, to inform them on correct management and leadership skills as well as the significance of adhering to the company's code of ethics.

Learn more about crude oil here:

https://brainly.com/question/4433699

#SPJ2

What Characteristics of the Confederate States of American made it a confederal government when compared to the government of the United States?

Answers

Answer:

Explanation:

The Confederate States of America can also be regarded as Confederate States was regarded as unrecognized breakaway state which exist between

year 1861 and 1865 which rose against

United States of America when she was experiencing American Civil War.

Characteristics of the Confederate States of American made it a confederal government when compared to the government of the United States are;

✓The central government of

The Confederate States of America is weaker compare to United States.

✓The sovereignty and power of individual states is more than US States

✓Issues such as national economic as well as foreign issues only are been handled by central government of the Confederate States

Karen, Inc. manufactures a product that uses $15 in direct materials and $5 in direct labor per unit. Under the traditional costing system Karen uses, manufacturing overhead applied to each unit is $12. However, Karen is considering switching to an ABC system. Under the ABC system, the total activity cost would be $25. What is the total manufacturing cost per unit for Karen under the ABC system

Answers

Answer:

oie no sepo ingles:"(

Explanation:

perdonwnmeeeeeeeeeeeeeeeeeee

Prepare the journal entries to record the assignment of direct materials and direct labor and the allocation of manufacturing overhead to the Fermenting Department. Assume labor costs are accrued and not yet paid. Also prepare the journal entry to record the cost of the gallons completed and transferred out to the Packaging Department. Begin with the summary journal entry to record the assignment of direct materials and direct labor and the allocation of manufacturing overhead to the Fermenting Department.

Answers

Answer:

Note: The full question is attached below

Date      Accounts Title and Explanation        Debit     Credit

Mar-31   WIP-Fermenting Department            $15,971

                     Raw Material Inventory                                $9,288

                     Wages payable                                             $3,305

                     Manufacturing Overhead                             $3,378

              (Being cost assigned to WIP-Fermenting department)

Consider the following game in extensive form: The King of Siam has many enemies who would like to poison him. His Highness seeks a Royal Taster to taste his food before He eats. The King generously offers a wage w < 10 to anyone who will take the job. The going wage for labor in Siam is w0. The values his life at 10. His Enemies value his death at 10 also, and poisoning attempts cost 5.

Stage 1: The King chooses to Hire or Not Hire a Taster at wage w.
Stage 2: The Enemies choose to Poison or Not Poison.

The game tree with moves and payoffs is as follows:

a. Write down the strategies for Players 1 (King) and 2 (Enemies). Write down the Normal form of the game
b. Find the Nash equilibria of the game.
c. Use Backward Induction to solve the game.
d. Will the King need to offer a wage greater than the going wage wo to attract a willing taster? Why or why not

Answers

Solution :

a). The normal form in the game is given below as :

                       The King

The Enemies                             Hire            Not hire

                       To Poison          (-5, 10-w)          (5, 0)

                    Not to Poison       (0, 10-w)          (0, 10)

b). For the enemies there is no such dominant strategy and the king also does not have any dominant strategy. Therefore, there is no pure strategy of Nash equilibrium.

c). The backward induction helps to suggest that there is a spine for the game when the king hires a Royal taster and the enemies do not poisons the king : (Hire, Not poison).

d). Yes the king needs to offer a wage that is greater than going wage, [tex]$w_0$[/tex] in order to attract the willing taster as the value of the life of his more.

Public corporations:
a. are businesses where stock is not used as evidence of ownership.
b. are businesses whose stock is bought and sold privately.
c. are businesses owned by two or more people, each of whom is personally liable for the debts of the business.
d. None of other choices are correct.
e. are businesses whose stock is bought and sold on New York stock exchange only

Answers

Answer:

d. None of other choices are correct.

Explanation:

A public corporation is a corporation and treated as an individual in the laws eyes that is different from the large shareholders as they have invested the money in order to exchange the shares. Also it has duties and rights plus it can hold and accept the shares that are traded in a freely manner in the stock exchange. It would be traded not only new york stock exchange but also other stock exchange also

Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and unit contribution margin are as follows.


Sales Mix

Unit Contribution
Margin

Lawnmowers 20 % $30
Weed-trimmers 50 % $20
Chainsaws 30 % $40

Yard Tools has fixed costs of $4,200,000.

Compute the number of units of each product that Yard Tools must sell in order to break even under this product mix. (Use Weighted-Average Contribution Margin Ratio rounded to 2 decimal places e.g. 0.25 and round final answers to 0 decimal places, e.g. 2,510.)

Lawnmowers


units
Weed-trimmers


units
Chainsaws


units

Answers

Answer:

Lawnmowers= 30,000

Weed-trimmers= 75,000

Chainsaws= 45,000

Explanation:

First, we need to calculate the weighted average contribution margin:

Weighted average contribution margin= sales proportion*unitary contribution margin

Weighted average contribution margin= (0.2*30) + (0.5*20) + (0.3*40)

Weighted average contribution margin= $28

Now, the break-even point in units for the whole company:

Break-even point (units)= Total fixed costs / Weighted average contribution margin

Break-even point (units)= 4,200,000 / 28

Break-even point (units)= 150,000

Finally, the number of units to be sold for each product:

Lawnmowers= 0.20*150,000= 30,000

Weed-trimmers= 0.5*150,000= 75,000

Chainsaws= 0.3*150,000= 45,000

Which of the following is a simple sentence?
a. Because we will be reducing employee health insurance benefits, some employees may be unhappy; however, we must make sure that they understand the reason for the change.
b. HMO and PPO insurance plans offer additional cost savings.
c. Having healthy employees decreases the cost of monthly premiums; therefore, we will be implementing a wellness program.
d. If health insurance costs continue to rise, employee copays may increase.

Answers

The simple sentence is:b. HMO and PPO insurance plans offer additional cost savings.

A simple sentence is a sentence with one independent clause (also called a main clause). It can have a compound subject or predicate. There is only one independent clause in a simple sentence and it expresses a single thought. Among the given sentences, the simple sentence is:b. HMO and PPO insurance plans offer additional cost savings.

Explanation:The sentence "HMO and PPO insurance plans offer additional cost savings" is a simple sentence because it contains only one subject-verb pair, “HMO and PPO insurance plans” (subject), “offer” (verb).

The sentence is clear and straightforward. It contains no dependent clauses or conjunctions that join two independent clauses. Hence, this sentence is a simple sentence.  

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3. Curve Number and SCS Travel Time Assignment (2 pts) You need to calculate the curve number for a site which is composed of: 25 acres industrial buildings, 125 acres 1 acre lots, 60 acres parks/open space with good cover, 40 acres of commercial development, and 225 acres of meadows. The soil was determined to be 50% Sand, 25 % Silt and 25% Clay. a. Determine the Soils Type b. Determine Curve Number for AMC III.

Answers

Solution :

It is given that the soil consists of :

Sand -- 50 %

Silt -- 25 %

Clay -- 25 %

Clay is present in the soil and so it has a very slow infiltration rates when the soil is thoroughly wetted.

a). Therefore the type of soil bis HSG Group D.

b). It is give that :

  Industrial building is 25 acres, i.e.

  CN = 93

  adjusted CN = 93 x 1 = 93

  I acre lots is 125 acres, i.e.

  CN = 84

  Adjusted CN = 84 x 1.07 = 89.88

                                          = 90 (approx.)

  60 acres of open or park space, i.e.

   CN = 80

  Adjusted CN = 80 x 1.14 = 91.2

                                          = 91 (approx.)

  225 acres of the meadows

  CN = 78

  Adjusted CN = 78 x 1.14 = 88.92

                                          = 89 (approx.)

  Commercial development of 40 acres, i.e.

  CN = 95

  Adjusted CN = 95 x 1 = 95

  Therefore the curve number is given by :

   [tex]$=\frac{(25 \times 93)+(125 \times 90)+(60 \times 91)+(40 \times 95)+(225 \times 78)}{25+125+60+40+225}$[/tex]

  [tex]$= 85.02$[/tex]

  [tex]$\sim 85$[/tex]

Thus, the curve number for the site for AMC III = 85

Answer:

It is given that the soil consists of :

Sand -- 50 %

Silt -- 25 %

Clay -- 25 %

Clay is present in the soil and so it has a very slow infiltration rates when the soil is thoroughly wetted.

a). Therefore the type of soil bis HSG Group D.

b). It is give that :

 Industrial building is 25 acres, i.e.

 CN = 93

 adjusted CN = 93 x 1 = 93

 I acre lots is 125 acres, i.e.

 CN = 84

 Adjusted CN = 84 x 1.07 = 89.88

                                         = 90 (approx.)

 60 acres of open or park space, i.e.

  CN = 80

 Adjusted CN = 80 x 1.14 = 91.2

                                         = 91 (approx.)

 225 acres of the meadows

 CN = 78

 Adjusted CN = 78 x 1.14 = 88.92

                                         = 89 (approx.)

 Commercial development of 40 acres, i.e.

 CN = 95

 Adjusted CN = 95 x 1 = 95

 Therefore the curve number is given by :

 

 

 

Thus, the curve number for the site for AMC III = 85

Explanation:

it is a type of business that keeps the dealings,assets,and bank accounts seperate from his/her personal assets?

Answers

Answer:

A sole proprietorship

Explanation:

A sole proprietorship is a business owned, organized, and run by a sole proprietor.  It is legally advisable that all business and private activities of any form of business are conducted separately.  Commingling business dealings, assets, and especially bank accounts with private affairs do cause problems for the business person.


- Adele Corp., a wholesaler of music equipment, issued $22,000,000 of 20-year, 7% callable
bonds on March 1, 20Y1, at their face amount, with interest payable on March 1 and
erat September 1. The fiscal year of the company is the calendar year. Journalize the entries
to record the following selected transactions:
20Y1
Mar. 1. Issued the bonds for cash at their face amount.
Sept. 1. Paid the interest on the bonds.
2045
Sept. 1. Called the bond issue at 102, the rate provided in the bond indenture.
(Omit entry for payment of interest.)

Answers

Answer:Please see answer in explanation column

Explanation:

The Journal entry is shown below:-

1. To record the issue of bonds payable

Date        Account titles and explanation          Debit                    Credit

March 1 20Y1       Cash                                     $22,000,000  

          To Bonds payable                                                               $22,000,000  

2.To record Interest on the bonds paid  

Date        Account titles and explanation          Debit                    Credit

Sept 1  20Y1         Interest expense                      $770,000  

        Cash                                                                                         $770,000

Calculation:

Interest = face value of bonds x interest rate x time

=$22,000,000  x 7% x 6/12

=$770,000

 

3. To record bonds on retirement is recorded

 Date       Account titles and explanation          Debit                 Credit    

Sept 1 2045   Bonds payable                            $22,000,000  

   Loss on retirement of bonds                $440,000      

 To Cash                                                                                         $22,440,000

Calculation:

Cash = $22,000,000 × 102/ 100)  = 22,440,000

Loss on retirement of bonds =  $22,440,000 -  $22,000,000  = $440,000

Shauna and Danielle decided to liquidate their jointly owned corporation, Woodward Fashions Inc. (WFI). After liquidating its remaining inventory and paying off its remaining liabilities, WFI had the following tax accounting balance sheet:

FMV Adjusted Basis Appreciation
Cash $ 200,000 $ 200,000
Building 50,000 10,000 40,000
Land 150,000 90,000 60,000
Total $ 400,000 $ 300,000 $ 100,000

Under the terms of the agreement, Shauna will receive the $200,000 cash in exchange for her 50 percent interest in WFI. Shauna's tax basis in her WFI stock is $50,000. Danielle will receive the building and land in exchange for her 50 percent interest in WFI. Danielle's tax basis in her WFI stock is $100,000. Assume for purposes of this problem that the cash available to distribute to the shareholders has been reduced by any tax paid by the corporation on gain recognized as a result of the liquidation. (Leave no answer blank. Enter zero if applicable. Negative amounts should be indicated by a minus sign.)

10.

value:
1.00 points

Required information

a. What amount of gain or loss does WFI recognize in the complete liquidation?



References

eBook & Resources

ProblemDifficulty: 2 MediumLearning Objective: 19-05 Calculate the tax consequences that apply to the parties to a complete liquidation of a corporation.

Check my work

11.

value:
1.00 points

Required information

b. What amount of gain or loss does Shauna recognize in the complete liquidation?



References

eBook & Resources

ProblemDifficulty: 2 MediumLearning Objective: 19-05 Calculate the tax consequences that apply to the parties to a complete liquidation of a corporation.

Check my work

12.

value:
1.00 points

Required information

c. What amount of gain or loss does Danielle recognize in the complete liquidation?



References

eBook & Resources

ProblemDifficulty: 2 MediumLearning Objective: 19-05 Calculate the tax consequences that apply to the parties to a complete liquidation of a corporation.

Check my work

13.

value:
1.00 points

Required information

d. What is Danielle’s tax basis in the building and land after the complete liquidation?

Answers

Answer:

1. Based on the information given WFI transaction is a taxable transaction which include a recognizes gain of the amount of $40,000 on the transfer of the building as.well as gain of the amount of $60,000 on the transfer of the land.

2. Shauna will recognizes gain of the amountc of $150,000 on the transfer of her stock made to WFI calculated as ($200,000 - $50,000) .

Explanation:

1. Based on the information given WFI transaction is a taxable transaction which include a recognizes gain of the amount of $40,000 on the transfer of the building as.well as gain of the amount of $60,000 on the transfer of the land.

2. Shauna will recognizes gain of the amount of $150,000 on the transfer of her stock made to WFI calculated as ($200,000 - $50,000) .

One of the key decisions employers must make is the level of compensation provided to employees. Compensation is a significant cost, and employees are one of the most important assets of the organization. It is important that the organization makes and executes good strategic choices. To facilitate this process, many organizations think systematically about its job structures for compensation and pay levels for different jobs.
An organization's job structure consists of relative pay for different functions and different levels of responsibility. It defines, for example, the difference in pay between entry-level and management jobs, as well as different entry-level jobs in different departments, such as in production or accounting. Pay level is the average amount that an organization pays for a particular job and includes wages, salaries, and bonuses. Job structure and pay levels together form the pay structure, a policy that helps the organization achieve goals related to employee motivation, cost control, and the ability to attract and retain talented employees.
This activity is important because it will help you distinguish between the various factors that impact an organization’s pay structure. The goal of this activity is to classify decisions based on the factors used to establish a pay structure.
HR professionals develop pay structures for their organations based on such factors as legal requirements, company goals, and market forces. Drag each item into the appropriate column on the chart.
1. Equal pay for equal work
2. National compensation survey
3. Product markets
4. Benchmarking
5. Equitable pay rates
6. Child labor laws
7. Federal minum- wage laws
8. Overtime pay
9. Retention of talented staff
10. Trends in labor markets
11. Company cost centers
A. Legal Requirements
B. Organizational Goals
C. Market Forces

Answers

Answer:

1. Company goals

2.Market forces

3. market forces

4. company goals

5. market forces

6. legal requirement

7. legal requirement

8. company goals

9. company goals

10. market survey

11. company goals

Explanation:

Company goals is to maintain its business profitable. It is important for a business to retain its talented employees for maintaining quality of products. Legal requirements are the laws which are required to be followed by the businesses.

The most recent financial statements for Live Co. are shown here:
Income Statement Balance Sheet
Sales $4,800 Current assets $5,102 Debt $10,201
Costs
3,168

Fixed assets 12,491 Equity 7,392
Taxable income $1,632 Total
$17,593

Total
$17,593

Taxes (34%) 555
Net income
$1,077

Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. No external equity financing is possible.
Required:
What is the internal growth rate?
A. 4.48%
B. 4.58%
C. 4.38%
D. 11.36%
E. 1.87%

Answers

Answer:

The answer is "Option A".

Explanation:

Using formula:

[tex]\text{Equity Return} = \frac{ \text{Net Income}}{ \text{Total Assets}} \times 100[/tex]

                       [tex]= \frac{1,077}{17,593} \times 100 \\\\= 0.0612175297 \times 100\\\\= 6.12175297\\\\=6.12 \%[/tex]  

[tex]\text{Calculating the Plowback Ratio} \ (b) = 1- \text{Dividend Payout Ratio}[/tex]

                                                       [tex]= 1-0.30 \\\\ = 0.70[/tex]

[tex]\text{Internal Growth Rate} = \frac{ROA \times b }{(1-ROA \times b)} \\\\[/tex]

                                  [tex]= \frac{0.0612 \times 0.70}{(1-0.0612\times 0.70)} \\\\= \frac{0.04284}{0.95716} \\\\ =0.044754073 \\\\ =4.47\%[/tex]

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