Answer:
$97,645
Explanation:
Preparation of Mark Brock Services Co corrected balance sheet :
Mark Brock Services Co. Balance Sheet December 31
Assets
Current assets:
Cash$ 7,170
Accounts receivable10,000
Supplies2,590
Prepaid insurance800
Total current assets $20,560
Property, plant, and equipment:
Land$24,000
Building$43,700
Less accumulated depreciation( 12,525)
Equipment$29,250
Less accumumulated depreciation (7,340)
Total property, plant,and equipment 77,085
Total assets (77,085+20,560) $97,645
Liabilities
Current liabilities:
Accounts payable$ 7,500
Wages payable1,500
Total liabilities$ 9,000
Owner's Equity
Capital 88,645
Total liabilities and owner's equity (88,645+9,000) $97,645
FILL THE BLANK ——– economics emphasizes psychological constraints and complexities that potentially interfere with rational decision making.
Behavioral economics emphasizes psychological constraints and complexities that potentially interfere with rational decision making.
What does "rational decision-making" mean?
Intuitive decision-making is the antithesis of rational decision-making. This methodical process makes use of logic and objective knowledge. It entails recognizing the issue that needs to be resolved, acquiring information, identifying potential solutions, analyzing those solutions, taking into account all the relationships, and making a choice.
Why is it crucial to make logical choices?
Making rational decisions is crucial because it gives you a strategy for overcoming a particular obstacle or for seizing a new opportunity by assisting you in forming an unbiased outlook.
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1.) Name two alphabetic arrangements of subject records storage.
2.) Explain how the two arrangements are alike and how they differ?
Answer:
1.) An alphabetic listing of all subject titles used in the filing system
2.) Titles on the master index are used for filing and retrieving records
When comparing cash management options, the higher the
Answer:
Cost the lower the demand
Why does the quantity a supplier is willing to give go up when the price goes up
The use of the word "monopoly" in the name of the market structure called "monopolistic competition" refers to the fact that
a. monopolistically competitive firms produce beyond their efficient scale and so do monopolists.
b. monopolistically competitive markets have free entry and exit just like a monopolistic market.
c. monopolistically competitive firms charge prices equal to their marginal costs just like monopolists.
d. a monopolistically competitive firm faces a downward-sloping demand curve for its differentiated product and so does a monopolist.
"Monopolistic competition" refers to the fact that; In a monopolistic competitive market, as in a competitive market, there are many sellers and they can come and go as they please. So option b. is correct.
Define Monopolistic competition.Monopolistic competition is when manufacturers compete with each other by selling different products that are not perfect substitutes for each other.
If there is only one supplier in the market, he is called a monopoly. Traditional economic theory sees a monopoly as the perfect antithesis of perfect competition. The demand curve that a monopolist encounters is, by definition, the industry's downhill demand curve.
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Which type of savings account offers the best interest rates?
A. Savings account
B. Checking account
C. Money market account
D. Certificate of deposit
Certificate of deposit is a type of savings account offers the best interest rates. It has the highest rate of interest among all the savings accounts, but they have limited funds.
What is Certificate of deposit?Certificate of deposit is the saving account that holds the fixed amount of money for a particular fixed time like six months, 5 years and according to that back pay the interest.
When a person redeem or take out the money from certificate of deposits they get the whole amount with the interest.
Thus, option D is correct.
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If the Federal Reserve printed too little money, money's relative price would _____________________ and the money price of goods would _________________________.
a. all; fall
b. rise; fall
c. fall; rise
d. rise; rise
Answer:
b. rise; fall
Explanation:
If the Federal Reserve printed too little money, there would be a leftward shift of the supply curve. This would lead to a rise in money's relative price. This would lead to a rise in the value of money as less money would be needed to buy goods and services. So, the money price of goods would fall
Which of the following are not reasons entrepreneurs improve the economy?
self-confidence = stimulated economy
new businesses = no new employees
no taxes
new technology
Answer:
Explanation:
b and c
No taxes not reasons entrepreneurs improve the economy
The economy benefits from entrepreneurship for a variety of reasons, including the creation of jobs and the advancement of social change.
Are there explanations for why entrepreneurs help the economy?
Entrepreneurs are crucial to market economies because they may drive the nation's economic expansion. They encourage new employment by developing new goods and services, which eventually accelerates economic growth.
They also overwhelmingly suggest that tax increases can enhance government revenue, but frequently at the expense of economic growth and taxpayer mobility. On the other hand, tax reductions typically result in temporary drops in revenue while fostering long-term economic growth.
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The management of Cooper Corporation is considering the purchase of a new machine costing $420,000. The company's desired rate of return is 10%. The present value factors for $1 at compound interest of 10% for 1 through 5 years are 0. 909, 0. 826, 0. 751, 0. 683, 0. 621, respectively. In addition to this information, use the following data in determining the acceptability in this situation:
Year Income from Operations Net Cash Flow
1 $100,000 $180,000
2 40,000 120,000
3 20,000 100,000
4 10,000 90,000
5 10,000 90,000
The cash payback period for this investment is: ___________
Answer:
3.2 years
Explanation:
Cash payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows
Amount invested = -420,000
Amount recovered in year 1 = -420,000 + 180,000 = -240,000
Amount recovered in year 2 = -240,000 + 120,000 = -120,000
Amount recovered in year 3 = -120,000 + 100,000 = -20,000
Amount recovered in year 4= - 20,000 / 90,000 = 0.22
Cash payback = 3.2 years
Question 4 (2 points) Which component of the policyholder's coverage is most expensive? Their uninsured motor vehicle coverage Their medical payments coverage Their liability coverage Their collision coverage
Their medical payments coverage
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Answer:
sjhdkwnsksnaksndksnwkjssmnzkanzkdndns
Why is "inventory turns" an important metric?
Explanation:
The metric, number of inventory turns, aims to measure the movement of stock. The higher the turnover, the less time your inventory spends sitting in storage. The number of inventory turns, also known as stock turn, is calculated by taking the value of stock purchased, divided by the value of stock on hand
Which of the following assets is NOT considered to be an ordinary asset?
Inventory in taxpayer's business
Equipment owned for six months and used in taxpayer's business
Accounts receivable in taxpayer's business
Corporate stock in taxpayer's investment portfolio
Option 4. Corporate stock in taxpayer's investment portfolio is NOT considered to be an ordinary asset.
What is an ordinary asset?Ordinary assets, such as stock or property held for sale, like inventories, are typically employed in the regular course of the taxpayer's business or trade.
Contrarily, ordinary assets are possessions that the taxpayer uses in the course of their business or trades or that they hold in order to sell to customers.
Any real estate held by a taxpayer that is not included in the list of real estate that is deemed to be ordinary assets under Section 39(A)(1) of the Code is referred to as capital assets, regardless of whether it is related to the taxpayer's trade or business. 4. Real estate used by the taxpayer in their trade or company.
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(1 point)
1. Tim is a low-level supervisor, but he runs his department with a heavy hand. He directs his
employees to perform tasks in specific ways, and doesn't often listen to outside ideas. His own
supervisors have to repeatedly remind him not to make major decisions without consulting
them first. What type of authority is Tim attempting to practice?
O individualistic authority
O staff authority
O line authority
O functional authority
Answer:
a
Explanation:
he doesn't seek opinion from heads that's why
mark me as brainliest pls
Answer:
individualistic authority
Explanation:
50 POINTS
Country Q can produce 15 pairs of socks and 5 belts in one hour. Country Z can produce 20 pairs of socks and 20 belts in one hour. Which of the following terms of trade would be mutually beneficial to both countries?
1 belt for 2 pairs of socks
1 pair of socks for 2 belts
2 belts for 2 pairs of socks
1 belt for 5 pairs of socks
5 pairs of socks for 15 belts
1: Which of the following is an injection into the circular
flow of income?
A) The customs duties levied on luxury imports into the
country
B) The purchase by foreign firms of goods produced by
local firms
c) The higher interest rate offered to local savers, who open
deposits in foreign currency with local financial
institutions
D) The closure of a special government employment
targeted scheme (JEEP)
Answer:
B
Explanation:
Investment, government spending, and exports rapidly boost an economy's whole demand, which further increases the level of income or output. They can be regarded as injections to the circular flow of income.
. A requested task is subject to be reported when:
Requesting for a screenshot
When it is asking for 3 proofs
When steps listed are unclear or misleading
When it requests for an app to be tested
A requested task may be subject to be reported in any of the cases listed, depending on the specific details of the task and the circumstances involved.
A requested task may be subject to be reported in the following cases:
When requesting a screenshot:
The task requester may be reported if the request involves sharing sensitive information or may violate the terms of service of a website or application.
When it is asking for 3 proofs:
The task may be reported if the task requester requests three proofs or more, which may seem excessive or compel the user to take steps that are against the terms of service.
When steps listed are unclear or misleading:
If the task's described stages are unclear, lacking, or deceptive, errors or inaccurate results may follow, and the task may be reported.
When it requests for an app to be tested:
It may be reported if the assignment calls for testing an app that might be infected with malware or violate the app store's terms of service.
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We said that tourism helps build infrastructure. What is infrastructure referring to?
a
The economy/money
b
Interest in the destination
c
Reputation
d
Roads, buildings, and hotels
Answer:
D
Explanation:
Although it could be A, Infrastructure relates more directly to buildings and services that support the economy.
QUESTION ONE
ABC Ltd wishes to expand its business. On 31 Dec 2021, the company had
the following existing and proposed capital structures to support the
expansion programme.
1. The existing 8% debt capital has a book value of Ksh 50 000 000 and
matures in 10 years. The market value of debt at the close of business on
31 Dec 2021 was Ksh 40 000 000
2. A ten year loan of Ksh 300 000 000 is to be raised at an interest of 10
percent p.a. A cost of Ksh 20 000 000 will be incurred in raising this loan
3. A 12% preference stock capital stands in the books at Ksh 100 000 000
( 1 000 000 shares) and has a total market value of Ksh 150 000 000.
4. There are 40 000 000 ordinary shares with a current market price of Ksh
1500 each. The firm’s expected earnings per share (EPS) stand at Ksh
200, its growth rate is 6% and has a dividend payout of 60%.
5. The company plans to issue 10 000 000 ordinary shares at a market price
of Ksh 1 500 per share. The cost of floating the shares is estimated at Ksh
10 000 000.
Required:
i) Firm’s current weighted average cost of capital (10 marks)
ii) Firm’s expected weighted average cost of capital after the expansion
programme (i.e. marginal cost of capital) (5 marks)
QUESTION TWO
An investor intends to place Ksh 112,000,000 in the 91 days Treasury bill at a quoted rate/yield of 7.65%
p.a.
Required:
a) Compute the investor’s return, assuming that he is withholding tax-payer
b) Compute the investor’s return, assuming that he is non-withholding taxpayer (6 marks)
Answer:
rat
Explanation:
WHOEVER ANSWERS NOW I WILL GIVE BRANLIEST!!! And more!!
Supply and Demand Activity: Student will research consumer demand for a high tech product (smart phone, tablet, etc.) and graph annual sales volume against average price. He/She will explain in the graph’s caption the reason for the price-volume relationship and present findings.
Answer:
! To conduct the supply and demand activity for a high-tech product, such as a smartphone or tablet, follow these steps:
1. Research: Select a specific high-tech product and gather data on its annual sales volume and average price over a period of time. You can use market reports, industry publications, or online databases to obtain this information.
2. Graph Creation: Create a graph with the annual sales volume on the y-axis (vertical) and the average price on the x-axis (horizontal). Label the axes clearly and appropriately.
3. Data Plotting: Plot the data points on the graph, representing each year's sales volume and average price. Connect the points with a line or curve to visualize the relationship between price and volume.
4. Caption and Analysis: Write a caption for the graph that explains the observed price-volume relationship. Analyze the graph and discuss why changes in price impact the sales volume. Consider factors such as consumer behavior, price elasticity, market competition, and technological advancements that influence the demand for high-tech products.
5. Findings Presentation: Present your findings to your audience, whether it's your classmates, teacher, or a larger group. Explain the relationship between price and volume, supported by your graph and analysis. Highlight any insights or trends you discovered during your research.
Remember to use clear and concise language in your presentation and support your explanations with evidence from your research.
To research consumer demand for a high-tech product like a smartphone, tablet, or any other electronic device, you can gather data on annual sales volume and average price over a specific period. Once you have the data, you can plot a graph to analyze the relationship between price and volume.
Here's an example of how the graph could look:
Price-Volume Relationship Graph
Caption: The Price-Volume Relationship in the High-Tech Product Market
In this graph, the x-axis represents the average price of the high-tech product, while the y-axis represents the annual sales volume. The data points plotted on the graph indicate the relationship between price and volume
Based on the data, we can observe a negative correlation between price and volume. As the average price of the product increases, the sales volume tends to decrease. Conversely, as the average price decreases, the sales volume tends to increase.
This relationship can be explained by the basic principles of supply and demand. When the price of a high-tech product is higher, it becomes less affordable for consumers, leading to a decrease in demand and consequently a lower sales volume. On the other hand, when the price is lower, it becomes more accessible, increasing the demand and resulting in a higher sales volume.
The graph highlights the importance of finding an optimal price point that balances profitability and consumer demand. It also suggests that price reductions could potentially lead to increased sales volume, while price increases may result in decreased volume.
These findings can be valuable for businesses in the high-tech industry to understand consumer behavior, set pricing strategies, and make informed decisions regarding supply and demand dynamics.
Remember, for a comprehensive analysis, it is essential to consider additional factors such as market competition, product features, consumer preferences, and overall market conditions.
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An analyst forecasts dividends over the next three years for ABC Company of $1.25, $2.00, and $2.50 respectively. He also expects that the dividend will grow at a constant rate of 3% forever after the third year. If the required rate of return is 12%, ABC stock price is closest to:
Answer:
$24.85
Explanation:
The stock price of the abc is given below:
Value of Stock after Year 3 = (Forecasted Dividend for Year 3 × Growth Rate) ÷ (Required Rate of Return - Growth Rate of Dividend)
= (2.5 × 1.03) ÷ (0.12-0.03)
= 28.61
Now
Current Stock Price = PV of all Future Dividends and Present Value of Stock after Year 3
=(1.25 ÷ 1.12) + (2 ÷ 1.12^2) + (2.5 ÷ 1.12^3) + (28.61 ÷ 1.12^3)
= 1.1161 + 1.5944 + 1.7795 + 20.3640
= $24.85
Alfred E. Old and Beulah A. Crane, each age 42, married on September 7,2017. Alfred and Beulah will file a joint return for 2019. Alfred's Social Security number is 111-11-1109. Beulah's Social Security number is 123-45-6780, and she adopted "Old" as her married name. They live at 211 Brickstone Drive, Atlanta, GA 30304. Alfred was divorce from Sarah Old in March 2016. Under the divorce agreement, Alfred is to pay Sarah $1,250 per month for the next 10 years or until Sarah's death, whichever occurs first. Alfred pays Sarah $15,000 in 2019. In addition, in January 2019, Alfred pays Sarah $50,000, which is designated as being for her share of the marital property. Also, Alfred is responsible for all prior years' income taxes. Sarah's Social Security number is 123-45-6788. Alfred's salary for 2019 is $150,000. He is an executive working for Cherry.Inc. (Federal I.D. No. 98-7654321). As part of his compensation package, Cherry provides him with group term life insurance equal to twice his annual salary. His employer withheld $24,900 for Federal income taxes and $8,000 for state income taxes. The proper amounts were withheld for FICA taxes. Beulah recently graduated from law school and is employed by Legal Aid Society.Inc. (Federal I.D. No. 11-1111111), as a public defender. She receives salary of $42,000 in 2019. Her employer withheld $7,500 for Federal income taxes and $2,400 for state income taxes. The proper amounts were withheld for FICA taxes. Alfred and Beulah had interest income of $500. They received $1,900 refund on their 2018 state income taxes. They claimed the standard deduction on their 2018 Federal income tax return. Alfred and Beulah pay $4,500 interest and $1,450 property taxes on their personal residence in 2019. Their charitable contributions total $2,400 (all to their church). They paid sales taxes of $1,400, for which they maintain the receipts. Alfred and Beulah have never owned or used any virtual currency, and they do not want to contribute to the Presidential Election Campaign. Compute the Old's net tax payable (or refund due) for 2019. Suggested software: ProConnect Tax Online
To compute the Olds' net tax payable (or refund due) for 2019, we need to gather all the relevant information and calculate their taxable income, apply the appropriate tax rates, deductions, and credits. Since the tax calculation involves various factors and tax laws, it would be best to use tax software such as ProConnect Tax Online or consult with a tax professional. The software will streamline the process and ensure accurate calculations based on the specific tax laws and regulations applicable to the Olds' situation.
A state of economic scarcity exists when consumers:
A. do not have enough resources to satisfy all of their wants.
B. save their money in banks instead of spending it.
C. borrow too much money to buy unnecessary products.
D. have their economic freedoms restricted by the government.
Most insurance companies will waive surrender charges in the event EXCEPT:
Answer:
Most insurance companies will waive surrender charges in the event except the person who fake the injury or death
Journalize the following transactions of Trapper Jon’s Productions. Assume 360 days in a year. If an amount box does not require an entry, leave it blank.
June 23 Received a $48,000, 90-day, 8% note dated June 23 from Radon Express Co. on account.
Sept. 21 The note is dishonored by Radon Express Co.
Oct. 21 Received the amount due on the dishonored note plus interest for 30 days at 10% on the total amount charged to Radon Express Co. on September 21.
Answer:
June 23 Received a $48,000, 90-day, 8% note dated June 23 from Radon Express Co. on account.
Sept. 21 The note is dishonored by Radon Express Co.
Oct. 21 Received the amount due on the dishonored note plus interest for 30 days at 10% on the total amount charged to Radon Express Co. on September 21.
Explanation:
How can birth rate and life expectancy combine to impact a nation's use of scarce resources?
The birth rate and life expectancy are related to the resources of a country, because the relationship between the amount of resources and the amount of resources that people will use throughout their lives can be made.
What is the birth rate?The birth rate is a statistical indicator of the communities in which it is established as the number of births per hundred thousand inhabitants.
What is life expectancy?Life expectancy is a statistical indicator of communities that establishes the average age lived by citizens of a given area.
How are life expectancy and birth rates related to available resources?Each country has a limited amount of resources for citizens to use. However, these are going to end up compromising the subsistence of future generations.
In this case, it is of great importance to know the birth rate and life expectancy to establish how much longer these resources will be able to be used before they run out and to propose strategies and alternatives to face the scarcity of resources.
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Dufner Co. issued 17-year bonds one year ago at a coupon rate of 6.3 percent. The bonds make semiannual payments. if the YMT on these bonds is 5.5 percent, what is the current dollar price assuming a par value of $1,000?
Answer:
-_-
Explanation:
-
What is the difference between final goods and intermediate goods?
A) Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use.
B) Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods.
Final goods and intermediate goods are terms used in economics to distinguish between different types of goods in the production process. Here's a breakdown of the difference between the two:
1. Final Goods:
Final goods are goods that are purchased by the end-consumer or user for their personal consumption or use. These goods are ready for consumption and do not undergo further processing or transformation before reaching the final consumer. Examples of final goods include food products, clothing, electronics, furniture, and vehicles. Final goods are the end result of the production process and are intended for final consumption or use.
2. Intermediate Goods:
Intermediate goods, on the other hand, are goods that are used as inputs in the production of other goods. They are not intended for final consumption but are instead used as raw materials, components, or capital goods in the production process. Intermediate goods undergo further processing or transformation before being included in the final goods. Examples of intermediate goods include raw materials like steel or wood, components like circuit boards or engines, and machinery or equipment used in production.
The key distinction between final goods and intermediate goods lies in their purpose and stage in the production process. Final goods are produced for the ultimate satisfaction of consumers' needs and are ready for consumption, while intermediate goods are used in the production of other goods and undergo further processing.
It's important to note that when calculating a country's Gross Domestic Product (GDP), only the value of final goods is considered. Intermediate goods are excluded to avoid double-counting, as their value is already included in the final goods they contribute to. By focusing on final goods, GDP provides a measure of the value of goods and services produced for final consumption in an economy.
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Josh buys an $8000 10-year bond that has a coupon rate of 4.5 %. If he keeps the bond to maturity, how much interest will he collect?
Josh will collect $3600 in interest if he keeps the $8000 10-year bond with a 4.5% coupon rate to maturity.
To calculate the interest that Josh will collect from the 10-year bond with an $8000 face value and a coupon rate of 4.5%, we need to consider the annual interest payment and the total number of interest payments over the bond's lifespan.
The annual interest payment can be calculated by multiplying the face value of the bond ($8000) by the coupon rate (4.5%). This gives us an annual interest payment of $360 (8000 * 0.045).
Since the bond has a 10-year maturity, there will be a total of 10 interest payments over its lifespan. Therefore, the total interest Josh will collect can be calculated by multiplying the annual interest payment ($360) by the number of interest payments (10).
Total interest = Annual interest payment * Number of interest payments
Total interest = $360 * 10
Total interest = $3600
Therefore, if Josh keeps the bond to maturity, he will collect a total of $3600 in interest over the 10-year period.
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Determine the missing amount:
Assets=Liabilities+owners Equity x 272000 573000
Based on the given amounts of assets and liabilities, the missing amount of Owner's equity is $301,000
How to find the equity?The Owners equity is one of the parts of the Accounting equation which is:
Assets = Liabilities + Owners Equity
The Assets in this instance is $573,000 and the Liabilities are $272,000.
The Owner's equity is the missing amount and it can be found as:
573,000 = 272,000 + Owners Equity
Owners Equity = 573,000 - 272,000
Owners Equity = $301,000
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