The profit will the concert promoters earn if they set the price of each ticket at $150 will be $75,000. The correct option is (C), $75,000.
The profit is an income distributed to the owner in a profitable market production process. Profit is a measure of profitability which is the owner's major interest in the income formation process of market production.
The profit will the concert promoters will be around 10%. To calculate the profit, the total revenue is equal to price of each ticket plus number of tickets sold.
The total profit of the promoters can be calculated as the difference between the total revenue and the total cost.
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Trey morgan is an employee who is paid monthly. For the month of january of the current year, he earned a total of $4,540. The federal insurance contributions act (fica) tax for social security is 6. 2% of the first $137,700 earned each calendar year, and the federal insurance contributions act (fica) tax rate for medicare is 1. 45% of all earnings for both the employee and the employer. The amount of federal income tax withheld from his earnings was $680. 70. His net pay for the month is:.
The total amount of taxes withheld from the trey’s earnings is $4,192.68.
What is Federal income tax?Federal income tax is the income tax paid to the federal government. Income tax is determined by a schedule or table. The more you earn, the more you will end up paying. Federal income tax rates remain unchanged for the 2022 tax year at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. However, the income limits for each class are adjusted slightly each year for inflation. Read on to learn more about the state income tax brackets for the 2022 tax year. Payroll taxes, which fund Social Security, Medicare, and unemployment benefits, are the second largest source of federal revenue, accounting for about one-third of total annual revenue.
The net pay is, therefore:
= 4,540 - (4,540 × 6.2%) - (4,540 × 1.45%) - 680.70
= 4,540 - 281.48 - 65.83 - 680.70
= $4,192.68
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When we reject the null and the null is true, we have a made a _________ __________.
Answer: Type. And Error.
Explanation: Hope This Helps, Have A Good Day. <3
exported piano component parts to a company in taiwan, it allowed the company 90 days to pay for the parts. this is an example of a(n)
It allowed the company 90 days to pay for the parts. this is an example of a Export Credit Agreement.
What is company?
A group of people can come together to form a company, that is a legal entity used to conduct business and run industrial or commercial enterprises. According to the corporate law of the its jurisdiction, a company may be set up in a variety of ways for tax as well as financial liability reasons. Any business structure, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry in which the company operates. Additionally, this same ownership structure of a business is indicated by these structures. Between private as well as public companies can also be distinguished. Both have unique requirements for financial reporting as well as various ownership structures and rules.
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A budgeting process that starts with a clean slate and involves justifying resource requirements based on an analysis and prioritization of organizational objectives is called _____ budgeting.
A budgeting procedure that begins off evolved with a easy slate and includes justifying useful resource necessities primarily based totally on an evaluation and prioritization of organizational targets is called B. 0-primarily based totally budgeting.
The required details for Zero-based budgeting in given paragraph
Zero-primarily based totally budgeting (ZBB) is a technique of budgeting wherein all expenses need to be justified for every new period. The procedure of 0-primarily based totally budgeting begins off evolved from a "0 base," and each feature inside an organization is analyzed for its desires and expenses. The budgets are then constructed round what is wanted for the imminent period, irrespective of whether or not every price range is better or decrease than the preceding one. Zero-primarily based totally budgeting is a way utilized by companies, however this sort of budgeting may be utilized by people and families. Budgets are created across the financial desires for every upcoming period, like a month.
Traditional budgeting and 0-primarily based totally budgeting are techniques used to music expenditures. Zero-primarily based totally budgeting allows managers address decrease expenses in a company.
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Complete question
A budgeting process that involves justifying resource requirements based on an analysis and prioritization of organizational objectives is called:
A. continuous budgeting.
B. zero-based budgeting.
C. discretionary budgeting.
D. single-period budgeting.
Which occupations are likely to include an element of personal selling at some point?.
Answer: A banker, A tax accountant, An HR manager are the occupations that are likely to include an element of personal selling at some point.
assuming made from scratch is a competitive profit maximizing firm, how many workers will the firm hire
A profit-maximizing competitive firm will hire workers up to the point at which the wage equals the marginal product of labor.
When marginal revenue and marginal cost are equal, or when MR = MC, a fully competitive firm will make the decision that will maximize its profits. As long as MR > MC, a profit-driven company should continue to increase production.When the marginal cost is decreasing, a profit-maximizing competitive business will keep producing in the range until the marginal revenue exceeds the marginal cost. The point at which marginal cost equals marginal income will occur as long as the profit tends to rise and equilibrium output has not been reached.To know more about Competition here
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which of the following can be concluded about the united states based on the author's descriptions in the excerpt? a. regional political interests dominated political debates. b. a common national culture was developing. c. educational reforms contributed to increased literacy. d. new transportation routes made shipping books easier.
The best choice is B. Based upon that author's words in the passage, one might infer that the United States was building a single national culture.
Do kids should watch United States of Al?Parents should be aware because United States of Ala is a comic about an Afghan interpreter who comes to this country to the country to live only with family of an American ex-Marine who was once his friend in arms. Although it has some edge, the content is generally younger than what viewers might expect.
What city is the setting for United States of Al?The how "United States of Al" put laughter aside to deal with the fall of Kabul is described in "There Was No Design for This" The plot was inspired by the genuine existence struggles to remove the writers' relatives from Afghanistan.
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Helpful hardware sells windows (80% of sales) and doors (20% of sales). The selling price of each window is $400 and of each door is $1,000. The variable cost of each window is $250 and of each door is $700. Fixed costs are $1,440,000. The break-even point in units using the weighted-average contribution margin is:.
The number of units to be produced for breakeven will be windows =6400 and doors = 1600
How to calculate the number of units?Contribution per unit will be:
Windows = 400-250 = $150 per unit
Doors = 1000-700 = $300 $/per unit
Total contribution of a bundle = 20% 300+150 *80 % = 180 $ per unit
Break even unit will be:
= 1440000/180 $
= 8000 units
Windows =8000 * 0.8
= 6400 units
Doors = 8000 - 6400
= 1600 units
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In a perfectly competitive market, a single firm is a price taker, meaning that they only charge the...
A flawlessly aggressive corporation is a fee taker, this means that that it ought to take delivery of the equilibrium fee at which it sells goods.
The required details for Equilibrium in given paragraph
Equilibrium is the country wherein marketplace deliver and call for stability every other, and as a end result fees end up stable. Generally, an over-deliver of products or offerings reasons fees to go down, which ends up in better call for—even as an under-deliver or scarcity reasons fees to move up ensuing in much less call for. The balancing impact of deliver and call for consequences in a country of equilibrium. A marketplace is stated to have reached equilibrium fee whilst the deliver of products fits call for. A marketplace in equilibrium demonstrates 3 characteristics: the conduct of marketers is consistent, there aren't any incentives for marketers to alternate conduct, and a dynamic method governs equilibrium outcomes. There are numerous varieties of equilibrium utilized in economics. Disequilibrium is the other of equilibrium and it's miles characterized through modifications in situations that have an effect on marketplace equilibrium.
In reality, markets are in no way in ideal equilibrium, even though fees do have a tendency in the direction of it.
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if a firm permanently borrows $60 million at an interest rate 8 percent what is the present value of tax shield
The present value of tax shield with marginal corporate tax 21% is $ 12.6 million .
Who benefits from the Tax Shield?
A tax shield is a reduction in a person's or business's taxable income achieved by claiming deductions such as mortgage interest, medical expenses, charitable contributions, amortization, and depreciation.
Evaluating present value of tax :
Borrowing = $60
marginal corporate tax = 21%
PV of interest tax shield = (0.21)(60)
= $ 12.6 million
Present value of tax shield = $12.6 million
Marginal tax rate :Marginal tax rate refers to the tax rate applied to the last dollar of a company's taxable income based on each jurisdiction statutory tax rate. This tax rate depends in part on the tax rate the company occupies (for US companies, the federal corporate tax rate). 35%). The marginal tax rate is used to tax income statement items in the normalized net income calculation.
Question is incomplete, missing part is given below :
if a firm permanently borrows $60 million at an interest rate 8 percent what is the present value of tax shield( assuming the marginal corporate tax rate is 21 percent.)
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exeter has a material standard of 1 pound per unit of output. each pound has a standard price of $26 per pound. during july, exeter paid $142,000 for 5,030 pounds, which they used to produce 4,790 units. what is the direct materials price variance? (do not round your intermediate calculations.)
Note that in the above scenario, the direct materials price variance is: $10,547.90.
What is Direct Material Price Variance?The direct materials price variance is defined as the difference between the actual price paid for materials and the standard price for those materials.
To calculate the direct materials price variance, you first need to determine the standard cost of the materials used during the period in question.
The standard cost of materials = Standard quantity of materials x Standard price per unit
= 1 pound per unit x $26 per pound
= $26 per unit
Next, we compute the actual cost of the materials used during July. This is given as:
Actual cost of materials = Total amount paid for materials / Total quantity of materials used
= $142,000 / 5,030 pounds
= $28.09 per pound
Finally, you can calculate the direct materials price variance by subtracting the standard cost of the materials from the actual cost of the materials:
Direct materials price variance = Actual cost of materials - Standard cost of materials
That is
= $28.09 per pound - $26 per pound
= $2.09 per pound
Hence, the Direct materials price variance is:
2.09 x 5030
= $10,547.90.
Thus, it is correct to state that the direct materials price variance is: $10,547.90.
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which inventory system responds to a channel member's inventory needs by drawing the product through the distribution channel
Reactive/Pull Inventory System responds to a channel member's inventory needs by drawing the product through the distribution channel.
What is a pull inventory system?In a lean manufacturing technique known as the pull system, products are produced in response to real demand rather than expectations. In this type of strategy, businesses merely maintain an inventory and create enough product to fulfil current client requests.A neighbourhood coffee shop that prepares coffees and other hot beverages based on client requests is an example of a pull system. The procedure of making hot beverages doesn't start until a consumer places an order.Advantages. The pull method is customer-focused, has a little inventory, may enhance cash flow, and makes products to order. In contrast, the Push system has a long list, is producer-centric, can manufacture to order, and bases demand on forecasts.Learn more about pull inventory system refer to :
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which of the following best describes a limitation of long-term hedging? hedging with currency call options on payables requires the mnc to sell that currency. repeatedly hedging short-term payables always leads to lower cash outflows than long term hedging. when engaging in long-term hedging, exchange rate exposure in the distant future is not known. there are no limitations to long-term hedging.
The option that best describes a limitation of long-term hedging is option C: when engaging in long-term hedging, exchange rate exposure in the distant future is not known.
What is long hedge and short hedge?By purchasing a long-term futures contract, you can protect your current position. Basis is the difference between an underlying asset's spot price and its expected future price.
In a long position, the buyer is betting that the price of the commodity will increase in the future. The gain from the futures position helps to offset the higher cost of the commodity if the price of the thing increases.
Therefore, use of futures as a form of stock hedging as opposed to options has one significant drawback. The value of the futures you are short will move in the opposite direction, or down, if the stock market does increase. With alternatives, less of this occurs.
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in order to regulate the monopoly to produce the largest possible output without a loss, government regulators would establish a price of
In order to regulate the monopoly to produce the largest possible output without a loss, government regulators would establish a price where it equals the average total cost, therefore no subsidy is needed.
What is average total cost?The average total cost is calculated as the overall production costs divided by the total output. To put it another way, the average cost is the sum of all fixed and variable costs divided by the total number of units produced by the company.
How businesses decide to price their commodities is strongly influenced by the average cost. It is used to calculate the breakeven price, which is the lowest price at which the company will be profitable and profitable. The corporation or business organization will experience losses if the price is set below the average total cost.
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true or false: cumulative voting means board members are elected one at a time, with each shareholder casting his or her allotted votes for each seat on the board.
False, cumulative voting means board members are elected one at a time, with each shareholder casting his or her allotted votes for each seat on the board.
Why should tiny shareholders favor a cumulative vote over a straight vote?Minority shareholders benefit from cumulative voting because it improves their power to choose a director. In contrast to straight voting, cumulative voting allows shareholders to vote for a single candidate with all of their votes. There are two primary types of majoritarian systems, one that uses ranked voting in a single election and the other that uses numerous elections to gradually reduce the number of candidates. Both are typically applied to constituencies with a single member. Shareholders can focus their votes for a single candidate they support by using cumulative voting.
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one country has a comparative advantage over another country in the production of a good if it group of answer choices has a curved production possibilities curve and the other country has a linear production possibilities curve. has a linear production possibilities curve and the other country has a curved production possibilities curve. is a lower opportunity cost producer of the good. has lower fixed costs than the other country.
A seller of the good with a lower potential cost. If a group of answer options offers curved production possibilities, one country has a competitive advantage over another in the manufacturing of that good.
What does "production curve" mean?The graph known as the curve of production opportunities (PPC) illustrates all the possible output combinations that can be created using the available resources and technology.
What is a production possibilities curve example?For instance, if a business creates a new device that can speed up the production of cheese, the output will likewise rise. As long as all other production factors stay the same, this boost in output will cause the curve to move outward. However, the curve may also turn inwards at certain instances.
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Explain how the relationship between unemployment, consumption, and production put the nation’s economy into a downward spiral.
Based on macroeconomics, the relationship between unemployment, consumption, and production put the nation’s economy into a downward spiral because unemployment reduces total quantity demand, which reduces consumption level, and affects production, thereby, leading to economic woes.
What is Unemployment?Unemployment is an economic term that is used to describe the total number of people in a specific country or area who cannot get a job.
High unemployment generally causes low purchasing power among the citizens, which leads to a reduction in consumption.
Consumption at the macroeconomic level is a term that is used to describe the use of goods and services by a household. A vital component of the Gross Domestic Product (GDP).
A reduction in consumption affects a nation's GDP poorly.
Production, on the other hand, is a term that is used to describe the total amount of goods and services produced in a specific economy.
When there is lower consumption, there will be no incentive to produce, which will lead to scarcity and inflation, and ultimately lead to the nation’s economy into a downward spiral.
Hence, in this case, it is concluded that unemployment, consumption, and production, all have impacts on Nation's development
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which of these statements regarding the differences between monopoly and a competitive market are true?
A monopolist can earn profits in the long run, but a firm in a perfectly competitive market cannot.
A monopoly, as defined with the aid of Irving Fisher, is a marketplace with the "absence of opposition", growing a state of affairs in which a selected individual or business enterprise is the best supplier of a selected element. This contrasts with a monopsony which pertains to a unmarried entity's manipulate of a market to purchase a terrific or provider, and with oligopoly and duopoly which consists of some dealers dominating a marketplace.[1] Monopolies are consequently characterised via a loss of monetary opposition to provide the best or carrier, a loss of viable alternative goods, and the possibility of a high monopoly fee properly above the seller's marginal value that leads to a high monopoly earnings.
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If you borrow $10,000 with a 1% origination fee of $100, how will it affect the amount of loan money you receive and how much you must pay back later?.
If you borrow $10,000 and pay a 1% origination charge of $100, you will receive $9,900 but must repay the whole $10,000 later.
What is the origination fee?An origination fee is a cost charged by the lender to the borrower for making the mortgage loan. The origination fee may cover application processing, loan underwriting and funding, and other administrative services. Only under exceptional situations may origination fees be raised. A loan origination fee is often levied as a percentage of the loan amount. In addition, lender origination costs are typically between 0.5% and 1% of the loan amount, plus any mortgage points connected with your interest rate.
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Rather than looking for problems, ________ seeks to identify the unique qualities and special strengths of an organization, which can then be built upon to improve performance
'Rather than looking for problems, appreciative inquiry seeks to identify the unique qualities and special strengths of an organization, which can then be built upon to improve performance.
The gratitude quest is a model aimed at engaging stakeholders in self-determined change. According to his Gervase Bushe, Professor of Leadership and Organizational Development at Beedie School
Appreciative Inquiry (AI) is about understanding what's working, analyzing why it's working, and then doing it. A change management approach that focuses on A fundamental premise of AI is that organizations grow in the direction that people in them pay attention to.
Appreciative Inquiry discovers untapped positive potential in organizations. For example, a model may focus on the functions, benefits, spirit, and value of a system. Discovering Possibilities harnesses the energy needed to enable change based on breakthroughs, discoveries and innovations.
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Select all that apply
Which businesses would be categorized as "multinational organizations," as opposed to "multinational corporations"? (Choose every correct answer.)
Exxon Mobil
International Red Cross
Johnson & Johnson
World Health Organization
'International Red Cross' and 'World Health Organization' might be classified as "multinational organizations," as antagonistic to "multinational corporations".
The required details for 'World Health Organization in given paragraph
The World Health Organization (WHO) is a specialized agency of the United Nations answerable for international public fitness. The WHO Constitution states its foremost goal as "the attainment via way of means of all peoples of the best feasible stage of fitness". Headquartered in Geneva, Switzerland, it has six local places of work and a hundred and fifty area places of work global. The WHO become set up on 7 April 1948. The first assembly of the World Health Assembly (WHA), the agency's governing body, came about on 24 July of that year. The WHO included the assets, personnel, and obligations of the League of Nations' Health Organization and the Office International d'Hygiène Publique, which includes the International Classification of Diseases (ICD). Its paintings commenced in earnest in 1951 after a enormous infusion of economic and technical resources.
The WHO's mandate seeks and includes: operating global to sell fitness, maintaining the sector safe, and serve the vulnerable. It advocates that 1000000000 extra human beings have to have: established fitness care coverage, engagement with the tracking of public fitness risks, coordinating responses to fitness emergencies, and selling fitness and well-being.
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what is the capitalization rate for a property that produces $10,000 annual net operating income (noi) and for which an investor paid $105,263 (rounded)?
The capitalization fee for a assets that produces $10,000 annual internet working profits (noi) and for which an investor paid $105,263 (rounded) is 9.50%.
The required details for capitalization rate in given paragraph
Capitalization fee (or "cap fee") is a actual property valuation degree used to examine different actual property investments. Although there are numerous versions, the cap fee is typically calculated because the ratio among the yearly condominium profits produced via way of means of a actual property asset to its current marketplace price. Most versions relied on the definition of the yearly condominium profits and whether or not it's miles gross or internet of annual costs, and whether or not the yearly condominium profits is the real quantity obtained (preliminary yields), or the ability condominium profits that might be obtained if the asset changed into optimally rented (ERV yield).
($10,000 (annual NOI) ÷ $105,263(buy price) = 9.5% (0.095) the capitalization fee)
The cap fee most effective acknowledges the coins go with the drift a actual property funding produces and now no longer the alternate in price of the assets.
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1. What action should the Federal Open Market Committee (FOMC) take if it
sees signs of inflation rising above 2% and believes inflation will continue to
rise if it takes no action?
2. Explain how the action you suggest will work to control inflation.
Answer: Governments can use wage and price controls to fight inflation, but that can cause recession and job losses
Explanation: Governments can also employ a contractionary monetary policy to fight inflation by reducing the money supply within an economy via decreased bond prices and increased interest rates.
the text notes two ways a company can address the economic risk that comes from foreign investments. what are those two ways?
The two ways are, revise future cash flows from the project downward increase discount rate for high risk.
What are the economic risk that comes from foreign investments?For someone like you who invests, investment risk is the degree of uncertainty and/or potential financial loss associated with a decision to make an investment. In other words, you can't be certain if investing your money will result in the profits you want or unexpected losses. Despite the fact that product names and descriptions frequently alter, some examples of high-risk investments include: (also known as cryptos) Mini-bonds (also termed high interest return bonds) (sometimes called high interest return bonds) banking on land.The two ways are, revise future cash flows from the project downward increase discount rate for high risk.Widely, risks can be classified into three types: Business Risk, Non-Business Risk, and Financial Risk
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calculate the annualized yield for commercial paper with 15 days to maturity that is priced at $997,500.
A zero-coupon bond's yield to maturity is calculated using the following formula: Yield to Maturity = [Annual Interest + (FV-Price)/Maturity] (FV + Price)/2
What does "yield to maturity" mean?The yield on a bond is the overall return that the buyer will get from the moment the bond is bought until the bond matures. A city might, for instance, issue bonds with a 2.192% annual yield until they mature on September 1, 2032.
Does a bond with a zero coupon have a yield till maturity?Zero-coupon bonds always show yields to maturity equal to their normal rates of return, even when no interest is taken into consideration. The spot rate is another name for the zero-coupon bond yield to maturity.
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sib inc, a small company, hires salespeople whom it plans to motivate to give their best. at the same time, the company also wishes to protect the salespeople from income uncertainty and anxiety. your advice on how the sib salespeople should be paid?
The mixture of both a and b above (fixed costs, such salary, / variable costs, like commission%) is our recommendation for how the individual salesmen should be compensated.
What is a salesperson's job description?Simply put, a salesperson builds a company's reputation while promoting its products or services. They manage customer relationships and serve as the main point of contact from the alpha wave outreach to the actual transaction.
What do you call folks who sell things?A salesperson is a person with the profession of selling goods or services. A salesperson is sometimes known as a sales rep (or sales representative). The terms "salesman" and "salesperson" are still regularly used, despite the fact that "salesperson" and "sales rep" are regularly used in their place. The plural form of salesperson is salespeople.
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2
What business approach measures team performance by the success of each group member?
OA. the results approach
OB. the individual approach
O c. the behaviors/process approach
O D. the personal approach
Reset
Next
Answer:
the individual approach
after researching valero energy common stock, sandra pearson is convinced the stock is overpriced. she contacts her account executive and arranges to sell short 300 shares of valero energy. at the time of the sale, a share of common stock had a value of $101. three months later, valero energy is selling for $45 a share, and sandra instructs her broker to cover her short transaction. total commissions to buy and sell the stock were $135. what is her profit for this short transaction?
Sandra's profit for this short transaction is $13,845 ($16,200 - $135 - $2,220).
What is shares?Shares are units of ownership of a company that are sold to the public. They represent a claim on the company’s assets and earnings and are traded on the stock market. When a person buys shares in a company, they become a shareholder and are entitled to receive dividends as well as voting rights at the company’s annual general meeting. Shares can also be bought and sold by investors, allowing them to benefit from any increase in the value of the company. Investing in shares can be a great way to grow wealth over the long term, but it can also involve risk and should be done with caution.
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Sandra Pearson had conducted analysis on Valero Energy Common Stock and holds the conclusion that the share is undervalued. The profit from her short sale is $16,665.
What precisely does stock mean?A stock is a colloquial term for any company's equity certificates. On the contrary hand, a share references to an specific company's stock certificate. You become a member if you possess shares of a particular corporation.
Briefing:-
Profit
=[(Selling price − Purchase price) × Number of shares] − Commissions
=[($101 - $45) × 300] - $135
= ($56 × 300) - $135
= $16,800 - $135
= $16,665
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true or false - penny stocks never raise in value enough to be listed on major stock exchanges. they are always high-risk scams. true false
The following statement, "Penny stocks never raise in value enough to be listed on major stock exchanges. they are always high-risk scams." is False.
A stock exchange is a marketplace where stocks are traded between investors. It usually refers to the exchanges where stocks and other securities are bought and sold.
The stock exchange is an important part of the economy because it provides a place for businesses to raise capital by selling stocks. It also provides a way for investors to buy and sell stocks. The stock exchange is regulated by the government to ensure that it is fair and orderly.
Hence, the statement is "False".
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which economic condition of the 1920s was a major cause of the great depression?
Industry overproduced consumer goods is the major cause of the great depression in 1920s.
What is great depression?⇒The 1929–1939 Great Depression was a global economic depression that affected all countries. Economic institutions, macroeconomic policy, and economic theory underwent dramatic adjustments as a result of the industrialized West's first downturn of this duration and intensity. Although it began in the United States, the Great Depression had a significant effect on almost every country in the world, causing large declines in output, high rates of unemployment, and severe deflation. Its social and cultural effects were no less shocking, especially in the United States, where the Great Depression was the nation's worst economic crisis since the Civil War. The timing and severity of the Great Depression varied significantly by location.
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