: For a firm operating in a competitive industry, which of the following statements is not correct? Select one O a. Price equals average revenue O b. Price equals marginal revenue O c. Total revenue is constant. O d. Marginal revenue is constant

1. The preparation of the correct income statement for Vibrant Company for each of the three years is as follows:

Vibrant Company

For the years ended December 31, Year 1, Year 2, and Year 3

                                               Year 1        Year 2       Year 3           Total

Sales revenue                  $920,000   $920,000   $920,000  $2,760,000

Cost of goods sold:

Beginning inventory        $220,000   $220,000  $220,000     $220,000

Purchases                           510,000      510,000      510,000     1,530,000

Goods available for sale $730,000   $730,000   $730,000   $1,750,000

Less Ending inventory    $220,000  $220,000   $220,000     $220,000

Cost of goods sold            510,000      510,000      510,000     1,530,000

Gross profit                      $410,000    $410,000   $410,000    $1,230,000

2. The preparation of the income statements showing the effects of the error for Vibrant Company for each of the three years is as follows:

Vibrant Company

For the years ended December 31, Year 1, Year 2, and Year 3

                                               Year 1        Year 2       Year 3           Total

Sales revenue                  $920,000   $920,000   $920,000  $2,760,000

Cost of goods sold:

Beginning inventory        $220,000   $200,000  $220,000     $220,000

Purchases                           510,000      510,000      510,000     1,530,000

Goods available for sale $730,000    $710,000   $730,000   $1,750,000

Less Ending inventory    $200,000  $220,000   $220,000     $220,000

Cost of goods sold            530,000     490,000      510,000     1,530,000

Gross profit                     $390,000   $430,000   $410,000   $1,230,000

Thus, the misstatement of the ending inventory as $200,000 instead of $220,000 caused the gross profit for year 1 and year 2 to be correspondingly misstated by $20,000, respectively.

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Venya and Kari would be able to produce 50 potted plants on Day 3.

This curve is an economic tool that illustrates varying amounts of two products that can be produced when both depend on the same finite resource

Based on the given chart, Venya and Kari would be able to produce 50 potted plants on Day 3.

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Answer:

50

Explanation:

The interview referring to the issue is Elizabeth White's to Ted about personal financial crises, leading to reflection on the needs of managing personal finances.

The speaker warns about the need to save financial resources in the present, to avoid the consequences of unnecessary expenses in the future.

It corresponds to a simple and objective tool for identifying an individual's income and expenses, which allows greater allocation of resources to objectives and goals, in addition to greater control over finances.

Therefore, through Elizabeth White's interview, the need to talk about finance is perceived, even if this fact causes embarrassment to individuals, because only in this way can knowledge, innovation and personal planning be increased.

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The purpose of a WMS is to help provide that goods and materials move through warehouses in the most efficient and cost-effective way. A WMS handles many processes that enable these movements, including inventory tracking, picking, receiving and putaway

The real-time information provides accurate, current information to managers, warehouse workers, and operations personnel – all at the identical time – for better decision-making. Besides real-time information, WMS releases the guesswork of where the event is found.

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The total output of both smart phones company would be 98.

The combined demand is

Given, Q = 200 - P

Therefore P = 200 - Q

Q = Qa + Qs

P = 200 - QA - QS

For apple, We have

4 Q Apple + Q² Apple

and

4 Q Samsung + Q² Samsung

4 Q + Q² A

= 4 + 2QA

Then 200 - QA - QS = 4 + 2QA

Take like terms

3QA + QS = 196 --- eqn 1

For samsung we do the same thing till we arrive at

QA + 3QS = 196 --- eqn 2

Solve eqn 1 and 2 simultaneously

We would have QA = 49 and Qs = 49

Total output is the addition of both values

49 + 49 = 98

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PlastiPharm would want to perform the additional testing because:

Rigorous testing is usually carried out by companies to ensure that defects and hazards are detected before the products are sent out into the market.

This way, their liability from product defects is reduced or eliminated completely.

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When there is a positive externality in a free market, too much of the good is produced and consumed. This statement is false.

Positive externalities happen when the usage of a good or its production results in a benefit to a third party.

For instance, you receive a private advantage when you consume education. However, there are advantages for the rest of society as well.

For instance, you can educate others, and as a result, they gain from your education. (A positive externality of consumption)

Positive externalities cause market failure and underconsumption.

Among the government initiatives to boost demand for items with favorable externalities

Hence, the given statement is false.

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Interest has no impact because most credit cards do not charge interest.

The Effect of Interest Rates on Consumer Behavior Interest rates impact the cost of borrowing money as well as the returns that savers can earn on their investments. An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed. When interest rates are high, some loans become too costly and borrower demand may lessen, which reduces the total consumption of loans. Conversely, when interest rates drop, consumers take advantage of the lower loan rates, which increases demand for loan products.

The correct answer is D.

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For an output level exactly at QE, the value of a unit to a buyer is equal to the cost of a unit to a seller.

Suppose a firm that produces for this market is able to influence the market price, which leads to an outcome that differs from the free market equilibrium shown in the previous graph. Such a situation is characterized by an external factors which is an example of inefficiency.

When the equilibrium is affected such that the price of goods goes down beyond the equilibrium there will be shortage such that the price of goods demanded will now be higher than the price of commodity that has been supplied. This is a shortage to the supplier. Change in equilibrium occurs when external factors affects demand such as taste.

Therefore, suppose a firm that produces for this market is able to influence the market price, which leads to an outcome that differs from the free market equilibrium shown in the previous graph. Such a situation is characterized by an external factors which is an example of inefficiency.

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Answer: Prior authorization quantity limit and step therapy are some examples of the coverage rules

Explanation:

The statement 'prior authorization, quantity limit, and step therapy are some examples of the coverage rules" is true. Drug utilization management (DUR) is a set of methods used to ensure the appropriate use of medications.

These methods can include prior authorization, quantity limits, and step therapy.

Prior authorization is a process where a health plan requires the prescriber to obtain approval from the plan before a medication can be dispensed. This is typically used for high-cost or high-risk medications.

Quantity limits are restrictions on the amount of medication that a patient can receive in a given period of time. This is typically used to prevent patients from stockpiling medications or using them for purposes other than what they are intended for.

Step therapy is a process where a patient must try one or more less expensive or less invasive treatments before they can be prescribed a more expensive or more invasive treatment. This is typically used to ensure that patients are only using the most appropriate treatment for their condition.

The UN does not have specific rules on DUR, but many countries have their own regulations. These regulations are designed to ensure that patients have access to safe and effective medications, while also preventing the misuse of medications.

Therefore, the given statement is true.

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Your question is incomplete, most probably the complete question is :

The statement is about the drug utilization management UN rules. true or false?

prior authorization quantity limit and step therapy are some examples of the coverage rules

Think positive to stay focused.

Stay resilient.

Make time to read.

Manage your time.

Find time to relax.

Strive for excellence.

Build a strong network.

Build good study habits.

The correct answer is option A.  An example of an adjusting entry is Revenue that has been billed but not yet paid

These are entries that share correct amount between income and expenditure in the period they occur, usually at the end of the financial period.

It is to be noted that adjusting entries are alteration made to journal entries that have been previously recorded.

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One can profit from stock investment through dividends and selling the stock at a higher price

What is stock investment?

Stock investment means buying shares in a company in expectation of dividends and capital gains, which can be achieved by selling at a higher price than the initial purchase price.

Basically, gains from stocks are through dividend yield and capital gains, which means that principal receipt is not applicable since that applies to bond or debt issuance.

Holding the stock for 5 years does not guarantee a positive return because prices cannot be predicted.

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Economics can be defined as the study of the scarce resources that are in a [place and how to use the scarce resources to carry out production of goods and services for the growth of society.

This is due to the fact that it takes into consideration the fact that there a limited  resources in a nation.

And despite these the needs are plenty and so it is useful that the scarce resources are well utilized to solve the issues of man.

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Some labor laws that can be quoted about the dismissed employee are:

This refers to the legislation that is put in place to protect workers and people from being denied employment or other opportunities based on discrimination.

Hence, we can see that in order to investigate the claim of the dismissed employee, there would need to be specific grounds for dismissal, otherwise, industrial actions would probably follow.

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Competition between different businesses plays the biggest role in motivating economic decisions in a market economy. Thus, option (b) is correct.

A market economy is an economic system in which the production and distribution of goods and services are determined by the interaction between consumers and businesses in the marketplace. In a market economy, decisions about what to produce, how much to produce, and what price to charge are made by businesses in response to changes in demand from consumers.

The biggest factor that motivates economic decisions in a market economy is competition between different businesses. This competition encourages businesses to be innovative and efficient in order to stay ahead of their rivals. As businesses strive to outcompete one another, they are also incentivized to produce goods and services that are of higher quality and at lower prices.

Therefore, it can be concluded that competition between different businesses plays the biggest role in motivating economic decisions in a market economy. Hence, option (b) is correct.

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1. The issue price of the bonds is $215,589.16.

2. An amortization schedule through 20x9 is as follows:

Period       PV             PMT   Interest Expense  Amortization        FV

1       $215,589.16     $6,000       $5,389.73            $610.27      $214,978.89

2      $214,978.89    $6,000      $5,374.47           $625.53      $214,353.36

Year 2

3     $214,353.36     $6,000      $5,358.83             $641.17        $213,712.20

4      $213,712.20     $6,000      $5,342.80           $657.20      $213,055.00

Year 3

5    $213,055.00     $6,000      $5,326.38            $673.62        $212,381.38

6     $212,381.38     $6,000      $5,309.53            $690.47        $211,690.91

Year 4

7      $211,690.91    $6,000      $5,292.27             $707.73        $210,983.18

8     $210,983.18    $6,000      $5,274.58            $725.42       $210,257.76

3. The journal entry recorded by Beedle on January 1, 20x6 is as follows:

Debit Cash $215,589.16

Credit Bonds Payable $200,000

Credit Bond Premium $15,589.16

4. The amount in the accounts at the end of 20x6 are:

A. Bond payable $200,000

B. Premium $14,353.36 ($15,589.16 - $610.27 = $625.53)

C. Fair value adjustment on Bond payable = $1,235.80 ($610.27 = $625.53)

D. Interest expense = $10,764.20

5. The journal entry to record the bond retirement transaction on 12/31/20X8 is as follows:

Debit Bonds Payable $200,000

Debit Bonds Premium $12,000

Credit Cash $212,000

Maturity period = 10 years

Interest rate = 6% semi-annually

Interest payment dates = June 30 and December 31

Market rate = 5%

Face value = $200,000

Semi-annual coupon payment = $6,000 ($200,000 x 3%)

Fair value of the bonds at December 31:

12/31/20X6 $ 213,200

12/31/20X7 $ 213,300

12/31/20x8 $ 212,000

N (# of periods) = 20 (10 years x 2)

I/Y (Interest per year) = 5%

PMT (Periodic Payment) = $6,000 ($200,000 x 6% x 1/2)

FV (Future Value) = $200,000

Results:

PV = $215,589.16

Sum of all periodic payments = $120,000 ($6,000 x 20)

Total Interest $104,410.84

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The small-sized companies are vigilant about security because Cyberattacks are opportunistic regardless of company size.

Understanding cybersecurity means keeping it in mind when dealing with everyday events. Cybersecurity awareness includes understanding the risks associated with using the internet, checking email, and communicating online. The term "cyber awareness" describes the degree of knowledge and comprehension that end users have regarding cybersecurity best practices and the daily cyber threats that their networks or organizations must contend with.

The first step in developing a security awareness program for your firm should be measuring your current level of security awareness. Employees of an enterprise who are cyber security savvy are those who are aware of cyber dangers, understand the potential effects of a cyberattack on their company, and know the precautions to take to lower risk and stop cybercrime from invading their online workspace.

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Answer:

1 month to 12 months

Explanation:

a short term goal is a goal that can be reached within a year while long term goal is a goal that can be achieved over a year

Answer:

People bought the product to eat during the game

Explanation:

Super Bowl parties are an American staple. People buy snacks in bulk before the Super Bowl to serve at their parties. Therefore, this is the answer that makes the most sense.

1. The appropriate journal entries to record the transactions during 2014 for Oriole Tools are as follows:

May 20 Debit Allowance for Doubtful Accounts $1,092

Credit Accounts Receivable $1,092

Aug. 7 Debit Accounts Receivable $264

Credit Allowance for Doubtful Accounts $264

Debit Cash $264

Credit Accounts Receivable $264

2. The appropriate adjusting entries to record the adjustments year-end for Oriole Tools are as follows:

Dec. 31 Debit Bad Debts Expense $1,676

Credit Allowance for Doubtful Accounts $1,676

May 20 Allowance for Doubtful Accounts $1,092 Accounts Receivable $1,092

To write off as a bad debt.

Aug. 7 Accounts Receivable $264 Allowance for Doubtful Accounts $264

To reverse a previously written-off uncollectible.

Cash $264 Accounts Receivable $264

To record the receipt of cash on account.

Dec. 31 Bad Debts Expense $1,676 Allowance for Doubtful Accounts $1,676

The balances of at year-end:

Accounts Receivable = $104,800 DR

Allowance for Doubtful Accounts = $104 DR

Estimated bad debts = $1,572 (1.5% x $104,800)

Bad Debts Expense = $1,676 ($104 + $1,572)

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See attachment for the component bar chart and the multiple bar chart

The table of values is given as:

Maize (tons) Millet (tons) Rice (tons)   Year

60                   20                       20       2012

70                    30                       10       2013

20                     45                      70      2014

40                      80                     50     2015

35                      40                      60    2016

The component bar chart

Here the bars of each year are stacked upon one other for each year

i.e. the bar chart will look as follows

Maize

Millet

Rice

Year

Next, we enter the values on the table of values in a graphing tool

See attachment for the component bar chart

The multiple bar chart

Here the bars of each year are stacked upon one other for each year

i.e. the bar chart will look as follows

Maize Millet Rice

      Year

Next, we enter the values on the table of values in a graphing tool

See attachment for the multiple bar chart

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1a) The price I will pay for a share today in ABC is GHS 1,785.71.

1b) The price I will for a share today in ABC with a dividend growth rate of 10% is GHS 2,777.78.

2)  XYZ Company:

2a) The last date on which to buy the shares of XYZ Company in order to receive the dividends announced is March 20, 2015.

2b) The last date on which to sell shares if you do not wish to receive dividends is March 20, 2015.

2c) The dividend received by Esi from XYZ Company is GHS 80,000.

2d) XYZ's dividend yield is 2.56%(GHS 0.08/GHS 3.13)

ABC Company:

Expected dividend per share next year = GHS 500

Selling price per share thereafter = GHS 2,000

Discount rate = 28%

1a. Price to pay = GHS 1,785.71 (GHS 500/28%)

1b. Dividend growth rate = 10%

Price to pay = GHS 2,777.78 (GHS 500 (28% -10%)

Dividend per share declared = GHS 0.08

Dividend record date = March 23, 2015

Ex-dividend date = March 20, 2015

Dividend payment date = March 30, 2015

Present share price = GHS 3.13

2a) The last date to buy shares is March 20, 2015.

2b) The last date to sell shares is March 20, 2015.

2c) Equity value of XYZ = GHS 313 million

Outstanding shares = 100 million (GHS313 million/GHS 3.13)

Esi's shareholding = 1 million (100 million x 1%)

Dividend received by Esi = GHS 80,000 (1 million x GHS 0.08)

2d) XYZ's dividend yield is 2.56%(GHS 0.08/GHS 3.13)

= Dividend per share/Share Price

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Answer:

y=2.148139 +0.712815x

Computer output presents the least-squares  for predicting the price of a certain commodity from the price of a barrel of oil is y=2.148139 +0.712815x

A regression is a statistical approach that relates a based variable to one or extra impartial (explanatory) variables. A regression version is able to expose whether modifications discovered in the structured variable are related to modifications in one or more of the explanatory variables.

A regression analysis is completed for considered one of purposes: so that it will expect the price of the established variable for individuals for whom some statistics concerning the explanatory variables is to be had, or if you want to estimate the effect of some explanatory variable at the structured variable.

COMMODITY = - 43.987621 + 23.368407 OIL

OIL PRICE = $ 114 /per barrel

Commodity = - 43.987621 + 23.3658407*(144)

Commodity = $2620.010777

according to the options B is the answer.

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If the price of corn differs by $1 per bushel then the price of ribeye differs by $1.7071.

The price of corn differs by $0.35 per bushel the price of ribeye differs by $1.7071.* 0.35 = 0.595595

= $0.60.

Corned beef is a slice of processed lean meat made by soaking brisket in a solution of salt and spices to season and soften it. Corned beef provides proteins and nutrients such as iron and vitamin B12, but fat. And relatively high in sodium. It is also a source of certain compounds that may increase the risk of cancer.

Corned beef is made from relatively inexpensive parts of brisket. Meat undergoes a long aging process with large grains of rock salt, or "salt grains" and salt water. By simmering it slowly, it transforms hard beef into a very soft and flavorful part.

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Answer:

the price of good Y will Increase and goods are complimentary

This is like highschool economics,

There should be quizlet flash cards for this

If an increase in the price of good x causes a decrease in the demand for good y, we can conclude that then, both X and Y goods are complementary goods.

Similar products that a client may employ for the same purpose are substitute goods. If the product they prefer is offered, your customers might buy it, but they might also look at alternatives if the price, the product's availability, or its quality changes. The demand for an item is frequently affected by these changes as well.

A complementary good or service is one that is utilized in conjunction with another good or service. Typically, the complimentary product has little to no value when ingested by itself. However, when combined with another good or service, it raises the bid's overall worth.

When two goods are complementary, a rise in the price of one good will result in a decline in the demand for the other good. The demand curve is also affected by the costs of related or replacement commodities.

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Answer:

C. Learning a trade has a higher lifetime earning potential.

Answer: learning a trade has a higher lifetime earning potential

Explanation: