Revenue from Low-Value Customers | Revenue from High-Value Customers | Total Revenue from Strategy
$52 Value, 1 Accessory | $101 Value, 2 Accessories | ($)
$52 | $101 | Strategy 1
$52 | $101 | Strategy 2
Total Revenue from Strategy: $153 for both strategies
The strategy that generates the most revenue is Strategy 1 because it has a higher price point for both the doll and accessory, which allows Mattel to capture more value from each customer. While Strategy 2 has a higher price for the accessory, the lower price for the doll may deter some high-value customers from purchasing, resulting in lower total revenue.
Revenue from Low-Value Customers | Revenue from High-Value Customers | Total Revenue from Strategy
($) | ($) | Strategy 1
$26 doll + $26 accessory | $26 doll + 2($26 accessory) | $26 + $26 + $26 + 2($26) = $104
($) | ($) | Strategy 2
$4 doll + $48 accessory | $4 doll + 2($48 accessory) | $4 + $48 + $4 + 2($48) = $152
The strategy that generates the most revenue is Strategy 2.
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If a forensic accountant investigates a computer containing a critical file that is known to be highly encrypted but open, what should the forensic accountant do?
a. Pull the plug on the computer.
b. Perform an orderly shutdown on the computer.
c. Make an immediate shadow volume copy of the entire hard drive.
d. Browse the open file.
c. Make an immediate shadow volume copy of the entire hard drive.
The forensic accountant should make a shadow volume copy of the entire hard drive to preserve the evidence and prevent any changes or modifications to the original data. This copy can then be analyzed in a controlled environment to determine the nature of the encryption and potentially recover the critical file. Browsing the open file or pulling the plug on the computer could compromise the integrity of the evidence and potentially hinder the investigation.
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c. Make an immediate shadow volume copy of the entire hard drive.
The forensic accountant should make a shadow volume copy of the entire hard drive to preserve the evidence and prevent any changes or modifications to the original data. This copy can then be analyzed in a controlled environment to determine the nature of the encryption and potentially recover the critical file. Browsing the open file or pulling the plug on the computer could compromise the integrity of the evidence and potentially hinder the investigation.
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Which of these variables is not a variable in the equation for the asset market equilibrium condition?
A) Nominal money supply
B) Price level
C) Real income
D) Investment
The variable that is not a variable in the equation for the asset market equilibrium condition is the nominal money supply. The correct option is a) nominal money supply.
The asset market equilibrium condition is derived from the intersection of the demand for and supply of assets, and it is expressed as M/P = r + i, where M represents the nominal money supply, P represents the price level, r represents the real interest rate, and i represents the expected inflation rate. Real income and investment are included in the equation as they affect the demand for assets. Real income determines the amount of disposable income available for savings and investment, while investment affects the supply of assets.
Price level is included as it affects the purchasing power of money and therefore, the demand for and supply of assets. However, nominal money supply is not a variable in the equation as it is considered to be exogenously determined by the central bank and not affected by the demand for or supply of assets in the short run. The correct option is a) nominal money supply.
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John Doeber borrowed $150,000 to buy a house. His loan cost was 6% and he promised to repay the loan in 15 equal annual payments. What is the principal outstanding after the first loan payment?
A) $143,555
B) $134,560
C) $141,200
D) None of these options
The principal amount outstanding after the first loan payment is $134,560.
What is principal amount?The amount you initially promised to repay, or the principal, is what you owe. The fee for borrowing principal amount is known as interest. Principal in the context of borrowing refers to the initial sum of a loan; it can also refer to the balance still owed on a loan. The principal is $50,000, for instance, if you take out a $50,000 mortgage. In the event that you pay off $30,000, the remaining $20,000 is considered the primary balance. The principal is the sum of money you borrow when you first obtain a mortgage. Simply deduct the down payment from the final selling price of your home to determine your mortgage principal.
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when he was 40, keefer began investing $150 per month in various securities for his retirement savings. his investments averaged a 4.5% annual rate of return until he retired at age 70. what was the value of keefer's retirement savings when he retired? assume monthly compounding of interest.
Keefer's retirement savings had a value of $3,882.60 when he retired at age 70.
Based on the information given, we can use the formula for compound interest to calculate the value of Keefer's retirement savings when he retired. The formula is:
A = P(1 + r/n)^(nt)
Where:
A = the final amount
P = the principal (the amount of money invested)
r = the annual interest rate (in decimal form)
n = the number of times the interest is compounded per year
t = the time (in years) that the money is invested
Using the values given in the problem, we have:
P = $150 per month x 12 months = $1,800 per year
r = 4.5% = 0.045
n = 12 (monthly compounding)
t = 30 years (from age 40 to age 70)
We first need to convert the annual interest rate to a monthly rate, which is 0.045/12 = 0.00375. We can then plug the values into the formula:
A = $1,800(1 + 0.00375/12)^(12*30)
A = $1,800(1.00375)^360
A = $1,800(2.157)
A = $3,882.60
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larissa bought a homeowner's insurance policy when she purchased her new home. she pays an annual $750 premium for property coverage of $500,000 and liability coverage of $400,000. her deductible is $1,750. a windstorm causes $81,500 in damages to her home and property. if the claim is approved, how much will larissa's insurance company pay for the damages?
Larissa's insurance company will pay $79,750 for damages after subtracting her deductible from the total amount of damages.
Larissa's homeowner's insurance policy covers property coverage of $500,000 and liability coverage of $400,000 with an annual premium of $750.
The deductible for the policy is $1,750. A windstorm causes $81,500 in damages to her home and property. After submitting the claim, Larissa's insurance company approves it and will pay for the damages.
The total amount of damages ($81,500) is reduced by Larissa's deductible ($1,750), resulting in a net amount of $79,750.
Therefore, Larissa's insurance company will pay $79,750 for the damages caused by the windstorm as per the terms of her policy.
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Economists categorize industries using all these characteristics EXCEPT the nature of the industry's product. location of the industry. O barriers to entry. extent to which individual firms can control prices.
Economists categorize industries based on a variety of characteristics, including the size and concentration of firms, the level of competition, and the barriers to entry.
Economists categorize industries based on a variety of characteristics, including the size and concentration of firms, the level of competition, and the barriers to entry. However, they generally do not categorize industries based on the nature of the product being produced. Other important factors include the location of the industry and the extent to which individual firms are able to control prices. Ultimately, understanding the unique characteristics of different industries is essential for making informed economic decisions and predicting future trends in the market.
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Output per period in the region from 0 to A indicates that a firm is experiencing:
Choose one answer.
a. constant returns to scale. b. decreasing returns to scale. c. negative costs of production. d. increasing returns to scale.
d. increasing returns to scale. A company is experiencing the following when its output per period is in the range of 0 to A: d.
d. increasing returns to scale.
Output per period in the region from 0 to A indicates that the firm is experiencing increasing returns to scale. This means that as the firm increases its production level, its costs per unit of output decrease. The term "period" refers to a specific time frame in which the firm is producing goods or services. The term "firm" refers to an organization that produces and sells goods or services. The term "negative costs" refers to a situation where the firm's costs are less than its revenue, resulting in a profit. However, this term is not relevant to the question at hand.
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On January 1, 2011, Sledge had common stock of 120,000 and retained earnings of 260,000. During that year, Sledge reported sales of 130,000, cost of goods sold of 70,000, and operating expenses of 40,000.
On January 1, 2009, Percy, Inc., Acquired 80 percent of Sledge's outstanding voting stock. At that date, 60,000 of the acquisition date fair value was assigned to unrecorded contracts (with a 20-year life) and 20,000 to an undervalued building (with a 10-year life).
In 2010, Sledge sold inventory costing 9,000 to Percy for 15,000. Of this merchandise, Percy continued to hold 5,000 at year. During 2011, Sledge transferred inventory costing 11,000 to Percy for 20,000. Percy still held half of these items at year-end.
On January 1, 2010, Percy sold equipment to sledge for 12,000. This asset originally cost 16,000 but had a January 1, 2010, book value of 9,000. At the time of transfer, the equipment's remaining life was estimated to be five years.
Percy has properly applied the equity method to the investment in Sledge.
a. Prepare worksheet entries to consolidate these two companies as of December 31, 2011.
b. Compute the non-controlling interest in the subsidiary's income for 2011.
a. Consolidated RE $280,000; Inv. $21,000. NCI in Sledge's Income = $4,000.
b. NCI in Subsidiary's Income = $4,000.
a. Worksheet Sections for Union as of December 31, 2011:
Solidified Held Income (RE) Estimation:
Held Profit of Sledge on Jan 1, 2011: $260,000
Sledge's Overall gain for 2011: ($130,000-$70,000-$40,000) = $20,000
Profits Proclaimed by Sledge in 2011: None Given
Held Income of Sledge on Dec 31, 2011: $280,000 ($260,000+$20,000)
Estimation of Merged Stock Equilibrium:
Stock equilibrium of Sledge on Dec 31, 2011: $11,000
Stock equilibrium of Percy on Dec 31, 2011: $5,000 + ($10,000/2) = $10,000
United Stock Total on Dec 31, 2011: $21,000 ($11,000 + $10,000)
Combination Worksheet Sections:
Investor's Value:
Normal Stock: $120,000
Held Income: $280,000
All out Investors' Value: $400,000
Non-controlling Interest (NCI) Computation:
NCI % = (100 percent - 80%) = 20%
Sledge's Net gain for 2011: $20,000
NCI in Sledge's Pay = $20,000 x 20% = $4,000
Disposals and Changes:
Change in accordance with Sledge's Stock: ($5,000 + $10,000) x 80% = $12,000
Change in accordance with Percy's Stock: ($5,000 + $10,000) x 20% = $3,000
Disposal of Intercompany Offer of Stock:
Cost of Merchandise Sold: $11,000
Stock: $11,000
Disposal of Intercompany Offer of Gear:
Devaluation Cost: $1,800
Gathered Deterioration: $1,800
Solidified Fiscal summaries:
Deals: $130,000
Cost of Merchandise Sold: $70,000
Net Benefit: $60,000
Working Costs: $40,000
Total compensation: $20,000
b. Calculation of Non-Controlling Interest (NCI) in the Auxiliary's Pay for 2011:
The NCI in Sledge's pay for 2011 is $4,000, as determined to some degree (a). This addresses the part of Sledge's net gain that has a place with the minority investors (20% of the complete exceptional democratic stock). The value strategy is utilized to represent the interest in Sledge, so Percy's portion of Sledge's overall gain for 2011 is $16,000 ($20,000 x 80%).
To process the NCI in the auxiliary's pay, we want to deduct Percy's portion of Sledge's net gain from the merged total compensation, as follows:
United Net gain: $20,000
Percy's Portion of Sledge's Overall gain: $16,000
NCI in the Auxiliary's Pay: $4,000
Consequently, the NCI in the auxiliary's pay for 2011 is $4,000.
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an interest rate is 0.06 per annum with annual compounding. what is the equivalent rate with continuous compounding? (round your answer to 4 decimal places)
The equivalent rate with continuous compounding can be calculated using the formula: e^(r*t) = 1 + (i/n)^(n*t) Where:r =continuous interest ratei = annual interest raten = number of compounding periods per year
t = time in yearsPlugging in the values given:e^(r*1) = 1 + (0.06/1)^(1*1)e^r = 1.0609Taking natural logarithm on both sides:r = ln(1.0609)Using a calculator, the value of r comes out to be 0.0588 rounded to 4 decimal places.
Therefore, the equivalent rate with continuous compounding is 0.0588 or 5.88%.
To find the equivalent continuous compounding interest rate, you can use the formula: Continuous Compounding Rate = ln(1 + nominal rate) In your case, the nominal interest rate is 0.06 per annum with annual compounding. Using the formula: Continuous Compounding Rate = ln(1 + 0.06) = ln(1.06) After calculating, you get: Continuous Compounding Rate ≈ 0.0583 (rounded to 4 decimal places).
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checking accounts and money market accounts are examples of cash equivalents. true or false
True. Checking accounts and money market accounts are examples of cash equivalents, which are short-term, highly liquid investments that can be easily converted into cash.
Other examples of cash equivalents include treasury bills, commercial paper, and certificates of deposit. Cash equivalents are extremely liquid assets that can be quickly and readily converted into cash, usually within 90 days or less. Cash equivalents include, for instance:
The money market Treasury notes Business paper Acceptances from banks government bonds that are due soon
Cash equivalents like certificates of deposit (CDs) are frequently seen as secure investments due to their high liquidity and minimal default risk. They are frequently used by both people and companies as a temporary holding location for their assets while they determine how to invest or utilize the cash.
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What is the relationship between the unionization of public-school teachers and educational quality? By the way, in Bill Clinton's second term he proved that the relationship between capital gains tax rates and capital gains tax revenue is: a. Positive; Zero b. Negative; Convex c. Zero, Concave d. Convex; Positive e. Concave; Negative
The relationship between the unionization of public-school teachers and educational quality is a complex one and is subject to debate. On the one hand, proponents of teachers' unions argue that they provide teachers with greater job security, higher salaries, and better working conditions, which can lead to improved morale and higher levels of job satisfaction.
This, in turn, can lead to better educational outcomes for students. On the other hand, critics argue that teachers' unions can protect ineffective teachers, make it harder to fire underperforming teachers, and resist reforms that could improve educational quality.Regarding the relationship between capital gains tax rates and capital gains tax revenue, Bill Clinton's second term proved that the relationship is concave and negative. The correct option is (e).
This means that as the tax rate on capital gains increases, the revenue generated from those taxes initially increases, but eventually, it starts to decline. This occurs because as the tax rate becomes too high, it can discourage investment, leading to a decrease in capital gains and, therefore, a decrease in tax revenue. Clinton's second term saw a reduction in the capital gains tax rate, which led to an increase in revenue generated from those taxes.
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true or false: $60 invested at 15ompounded annually will be worth more in 5 years than $80 invested at 8ompounded annually. group of answer choices true false
The given statement, $60 invested at 15 compounded annually will be worth more in 5 years than $80 invested at 8 compounded annually. is true.
The amount after t years, the starting principal, the annual interest rate, and the number of times the interest is compounded each year are all included in the formula used to calculate compound interest, which is A = P(1 + r/n)nt.
If $60 is invested at a 15% annual compound rate, then A = 60(1 +.15/1)5 = $106.22 is the result.
A = 80(1 +.08/1)5 = $102.03 if $80 is invested at 8% compounded annually.
The assertion is accurate because $106.22 is greater than $102.03.
Interest that is calculated on both the starting principle and the total interest from previous periods is known as compound interest. This implies that more money will be earned the more money is invested and the higher the interest rate.
The longer money is invested, the higher the compound interest will be since the interest will compound more frequently. For this reason, $60 invested at a 15% annual compounding rate will be worth more after 5 years than $80 invested at an 8% annual compounding rate.
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Given that P = $12,000, salvage value = $600, with an N of 4 years. Find the Book Value at the
end of year 2 using Sum of Year Digits depreciation.
To find the book value at the end of year 2 using Sum of Year Digits depreciation, we need to first calculate the total depreciation over the 4-year period.
The formula for Sum of Year Digits depreciation is:
Depreciation Expense = (Remaining Useful Life / Sum of Year Digits) x (Cost - Salvage Value)
The Sum of Year Digits for a 4-year period is:
1 + 2 + 3 + 4 = 10
So, for the first year, the depreciation expense would be:
Depreciation Expense = (4 / 10) x ($12,000 - $600) = $4,320
For the second year, the remaining useful life is 3 years, so the depreciation expense would be:
Depreciation Expense = (3 / 10) x ($12,000 - $600) = $3,240
To find the book value at the end of year 2, we need to subtract the total depreciation expense for the first two years from the cost:
Book Value = Cost - Total Depreciation
Total Depreciation = $4,320 + $3,240 = $7,560
Book Value = $12,000 - $7,560 = $4,440
Therefore, the book value at the end of year 2 using Sum of Year Digits depreciation is $4,440.
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1. Differentiate between work sampling and benchmarking as sources of performance data. 2. Explain each step in the SMART method used for setting job performance standards. 3. Discuss the five areas of the work environment and how each area affects job performance. 4. Identify at least five items that are usually found on a performance appraisal form. 5. Define pay-for-performance as it relates to job performance.
Josh's organization's next move will most likely be to develop performance standards the performance components outline what must be done, the standards tell employees how well they must perform.
The characteristics of critical, non-critical, and other performance components were identified and described in the first article in this series. This article covers the criteria for developing stringent standards that can be used to assess employee performance.
An official management-approved performance standard is a declaration of the performance threshold(s), requirement(s), or expectation(s) that must be met in order to be evaluated at a particular level of performance. A Fully Successful (or comparable) standard must be developed for each significant component. An evaluation of a worker's performance on the job and overall value to the business is referred to as a performance appraisal. It is crucial that the evaluation criteria on a performance appraisal correspond to the work being done because doing so enables an organisation to commend individuals for their hard work.
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An annuity in which the payments occur at the beginning of each period is known as a(n):Group of answer choicesA. Perpetuity.B. Ordinary annuity.C. Deferred annuity.D. Annuity due.E. None of these are correct.
An annuity in which the payments occur at the beginning of each period is known as an annuity due. So, the correct answer is D.
What's annuity dueThis type of annuity is different from an ordinary annuity, which pays at the end of each period. An annuity due is beneficial because it allows the recipient to receive funds immediately at the beginning of each period.
This is particularly useful for investments or payments that need to be made at the start of a period, such as rent or mortgage payments. It is important to note that a perpetuity is a type of annuity that pays indefinitely, while a deferred annuity is one in which payments are delayed until a future date.
Therefore, the correct answer to this question is D, annuity due
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omment on the availability of head-of-household filing status for each of the following independent situations: r lives alone but maintains the household of his parents. In July 2018, a. Taxpaye b. Taxpayer maintains a home in which she and her dependent father live. The c. Taxpayer, a single parent, maintains a home in which she and her unmarried d. Assume the same facts as in part (o), except that the son is age 19, not 18. the parents use their savings to purchase a new BMW for $62,000. father enters a nursing facility for treatment of a mental disorder son live. The son, age 18, earns $5,000 from a part-time job. Taxpayer is married and maintains a household in which he and his dependent stepson live. Taxpayer lives alone but maintains the household where her dependent daugh- ter lives Taxpayer maintains a household that includes an unrelated friend who qualifies as his dependent.
The head-of-household filing status is available to taxpayers who meet certain requirements. For a taxpayer who lives alone but maintains the h11ousehold of his parents, he may be eligible for the head-of-household status if he provides more than half of the cost of maintaining the household and his parents do not earn more than the exemption amount.
For a taxpayer who maintains a home in which she and her dependent father live, she may qualify for head-of-household if she provides more than half of the cost of maintaining the household and her father is considered a dependent.
Similarly, for a single parent who maintains a home in which she and her unmarried son live, she may be eligible for head-of-household status if she provides more than half of the cost of maintaining the household and her son is considered a dependent.
If the son is 19 years old instead of 18, the parent may still be eligible for head-of-household status if he or she meets the other requirements. However, the fact that the parents use their savings to purchase a new BMW for $62,000 does not affect the eligibility for head-of-household status.
For a married taxpayer who maintains a household in which he and his dependent stepson live, he may qualify for head-of-household if he provides more than half of the cost of maintaining the household and his stepson is considered a dependent.
Finally, a taxpayer who maintains a household that includes an unrelated friend who qualifies as his dependent may be eligible for head-of-household status if he provides more than half of the cost of maintaining the household and his friend meets the requirements to be considered a dependent.
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Allison would like to save time and have her spending automatically appear in her budget as soon as she makes a purchase. What money management tool should she use
Answer:Allison should use a personal finance app or budgeting software that is capable of automatically importing her transaction data. Some popular options include Mint, YNAB (You Need A Budget), Personal Capital, and PocketGuard.
These tools allow Allison to link her bank and credit card accounts, and automatically import her transaction data as soon as she makes a purchase. This helps her save time and ensures that her budget is always up-to-date with her actual spending.
In addition to automatically importing transactions, these tools often provide features such as budget tracking, goal setting, bill reminders, and investment tracking, making it easier for Allison to manage her money and achieve her financial goals.
E
which of the following could be used by policymakers to shift the as rightward? (select all that apply.) multiple select question. human capital investment trade liberalization increased regulatiaon increases in minimum wage increases in the minimum wage would shift the as curve to the left. increased regulation would shift the as curve to the left.
Human capital investment and trade liberalization could be used by policymakers to shift the AS curve rightward.
Policymakers can use the following strategies to shift the AS (Aggregate Supply) curve rightward:
1. Human capital investment: By investing in education and skills development, the productivity of the workforce can be enhanced, leading to a rightward shift in the AS curve.
2. Trade liberalization: By reducing trade barriers and promoting international trade, domestic industries can benefit from increased access to resources and markets, resulting in a rightward shift in the AS curve.
Increased regulation and increases in the minimum wage, as you mentioned, would likely shift the AS curve to the left instead.
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What additional supernetted network addresses will be needed along with 200.100.74.0/24 to accommodate: a. 300 hosts b. 1000 hosts C. 2000 hosts d. 10000 hosts
We can supernet the existing network with
a) /23 subnet
b) /22 subnet
c) /21 subnet
d) /20 subnet
a)
300 hosts, we need at least a /23 network, which means a subnet mask of 255.255.254.0. This would give us 512 total addresses, with 510 usable addresses for hosts. We can supernet the existing 200.100.74.0/24 network with a /23 subnet to create a new network address of 200.100.72.0/23.
b)
1000 hosts, we need at least a /22 network, which means a subnet mask of 255.255.252.0. This would give us 2048 total addresses, with 2046 usable addresses for hosts. We can supernet the existing 200.100.74.0/24 network with a /22 subnet to create a new network address of 200.100.72.0/22.
c)
2000 hosts, we need at least a /21 network, which means a subnet mask of 255.255.248.0. This would give us 4096 total addresses, with 4094 usable addresses for hosts. We can supernet the existing 200.100.74.0/24 network with a /21 subnet to create a new network address of 200.100.64.0/21.
d)
10000 hosts, we need at least a /20 network, which means a subnet mask of 255.255.240.0. This would give us 8192 total addresses, with 8190 usable addresses for hosts. We can supernet the existing 200.100.74.0/24 network with a /20 subnet to create a new network address of 200.100.64.0/20.
Supernetting is a way to combine multiple smaller networks into a larger one, allowing for more hosts to be connected. The new network address will have a larger subnet mask, which means more bits are used to identify the network and fewer bits are available for host addresses. Supernetting can help to conserve IP addresses and optimize network efficiency.
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If you were pessimistic about the effects of globalization on poverty and inequality, which of the following arguments would you be most likely to make?
Globalization does nothing but allow national governments to restrict the movement of foreign capital to developing countries, dooming them to perpetual underdevelopment.
Globalization does nothing but create conditions of government dependency by citizens in both the developed and developing world, limiting any real opportunities to reduce inequality.
Globalization does nothing but allow MNCs to move money, jobs, and resources around the world with little concern about the effects on citizens, especially in developing countries.
Globalization does nothing but allow national governments in the developed world to increase regulations on MNCs, which costs their citizens jobs and opportunities to transition out of poverty.
If you were pessimistic about the effects of globalization on poverty and inequality, you would be most likely to make the argument that globalization does nothing but allow MNCs to move money, jobs, and resources around the world with little concern about the effects on citizens, especially in developing countries.
This argument suggests that globalization benefits corporations at the expense of citizens, particularly those in less developed countries who are left behind as corporations chase profits in other regions. It implies that globalization exacerbates poverty and inequality rather than reducing it.
If you were pessimistic about the effects of globalization on poverty and inequality, you would be most likely to make the following argument: Globalization does nothing but allow MNCs (multinational corporations) to move money, jobs, and resources around the world with little concern about the effects on citizens, especially in developing countries.
This perspective implies that the actions of MNCs contribute to the perpetuation of poverty and the widening of inequality globally.
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Mortimer, Fanny, and Hazel are neighbors. They eventually all have families and decide to build a waterslide for their children to enjoy. They also agree to split the cost of fixing the waterslide if anything happens to it. Eventually, the slide breaks and it will cost $180 to repair it. Fanny proposes that they just buy a new slide for $300. Mortimer agrees and they purchase it without speaking to Hazel. How much of the cost is Hazel responsible for? $180 O $100 $60 O $300 O $0
Mortimer, Fanny, and Hazel are neighbors. The Hazel mid-quarter convention will be utilised here because Hazel bought this item on September 30, 2018, and put it into use on October 4, 2018. The correct answer $180.
According to mid-quarter convention, the MACRS rate for the most recent quarter is 38%; therefore, the cost of recovery for deduction can be computed as follows: - =$100,000 x 38% x 2.5/4 = $100,000 x 38/100 x 2.5/4 =$23,750.
As a result, the hazel cost of recovery deduction would be $23,75O. A person is required to carry out their obligation for the initial consideration as per the pre-existing duty norm. Any amendment to the Contract is invalid. Modifications are legal and enforceable under the terms of the new contract if the person performing his obligation employs a third party to carry out the task in order to finish it on schedule.In the event of unforeseeable circumstances, such as war.
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3.amade a contract to construct a house forb. subsequently,bsuedafor breach of contract.araised thedefense that the contract was not binding because it was not sealed. is this a valid defense?
It depends on the specific laws and regulations in the jurisdiction where the contract was made. In some places, contracts may require a seal or other formalities to be considered legally binding.
However, in many modern legal systems, the requirement for a seal has been eliminated or greatly reduced, and a simple written or oral agreement may be sufficient to create a binding contract. If the contract between A and B was made in a jurisdiction where a seal is required and A did not fulfill that requirement, then B's defense of a non-binding contract may be valid.
However, if the contract was made in a jurisdiction where a seal is not required or if A fulfilled all necessary formalities, then B's defense may not hold up in court.
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StratSim requires you and your team to take over the management of an automobile manufacturing company. One of the areas your team will be asked to make decisions on is the setup of your organization and your strategy. Examine how management of the organization's strategy is distributed throughout the organization (as described in Chapter 2 of our textbook). Applying the concepts there to your StratSim organization, comment on the points in your organization where the phases of strategy development and execution should occur. How will you apply the strategic planning process within your team to promote successful strategy? Note: Only your textbook reference is required on this specific post; however, it must be cited properly.
In a StratSim organization, the management of the organization's strategy is distributed throughout various levels and functions. This is in line with the concepts discussed in Chapter 2 of your textbook, where strategy development and execution occur at different points within the organization.
To apply the strategic planning process within your team for successful strategy, consider the following points:
1. Top-level management: The overall direction and vision of the company are set by top-level management. This includes setting long-term goals, defining the scope of the business, and allocating resources.
2. Functional-level management: Strategy execution takes place at the functional level, where managers develop specific tactics and action plans to achieve the objectives set by top-level management. These may include operations, marketing, finance, and human resources strategies.
3. Cross-functional collaboration: For a successful strategy, cross-functional collaboration is essential. This involves regular communication and information-sharing between different departments to ensure alignment and integration of various functional strategies.
4. Continuous monitoring and evaluation: Regularly assess the performance of your organization and the effectiveness of your strategies. This enables your team to make adjustments and improvements as needed to stay on track towards achieving your strategic objectives.
5. Employee engagement: Engaging employees in the strategic planning process helps to promote buy-in and commitment to the organization's goals. Encourage open communication and provide opportunities for employees to contribute their ideas and insights.
By implementing these steps in your StratSim organization, your team can effectively develop and execute a successful strategy that aligns with the overall goals and vision of the company. Remember to cite your textbook as a reference for the concepts discussed in this answer.
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An investor receives the highest interest rate on his or her:
a. asset management account.
b. regular checking account.
c. negotiable order of withdrawal (NOW) account.
d. money market deposit account (MMDA).
e. share draft account.
the donut stop acquired equipment for $14,000. the company uses straight-line depreciation and estimates a residual value of $3,600 and a four-year service life. at the end of the second year, the company estimates that the equipment will be useful for four additional years, for a total service life of six years rather than the original four. at the same time, the company also changed the estimated residual value to $1,500 from the original estimate of $3,600. required: calculate how much the donut stop should record each year for depreciation in years 3 to 6
The Donut Stop should record $3,125 each year for depreciation in years 3 to 6.
To calculate the depreciation for years 3 to 6, we need to first calculate the depreciable base, which is the cost of the equipment minus the residual value.
The cost of the equipment is given as $14,000. The residual value was initially estimated to be $3,600 but was later revised to $1,500.
Therefore, the depreciable base is calculated as follows:
Depreciable base = Cost of equipment – Residual value
= $14,000 - $1,500
= $12,500
The service life was initially estimated to be four years, but at the end of the second year, it was revised to six years. This means that the remaining service life at the end of the second year was four years.
To calculate the annual depreciation for years 3 to 6, we need to use the straight-line depreciation method. This method allocates the depreciable base evenly over the useful life of the equipment.
The annual depreciation expense can be calculated using the following formula:
Annual depreciation expense = Depreciable base / Useful life
For the remaining four years, the useful life is four years, since the total service life is now six years and two years have already passed.
Therefore, the annual depreciation expense for years 3 to 6 can be calculated as follows:
Annual depreciation expense = Depreciable base / Useful life
= $12,500 / 4
= $3,125
Thus, the Donut Stop should record $3,125 each year for depreciation in years 3 to 6.
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true or false: excluding food and clothing from sales tax is less equitable because it benefits the rich more than the poor.
False. Excluding food and clothing from sales tax is actually more equitable because it benefits the poor more than the rich. This is because the poor spend a larger portion of their income on necessities such as food and clothing, while the rich spend a smaller proportion of their income on these items. Sales tax is a regressive tax, meaning that it takes a larger percentage of income from low-income individuals than from high-income individuals. Excluding food and clothing from sales tax helps to alleviate this burden on the poor, who would otherwise have to spend a larger proportion of their income on these necessities.
Additionally, providing tax exemptions on food and clothing has been shown to have positive impacts on poverty reduction and food security. By reducing the cost of basic necessities, individuals and families who are struggling to make ends meet are able to stretch their budgets further and meet their basic needs. Overall, excluding food and clothing from sales tax is a more equitable policy that helps to benefit the poor and promote greater social justice.
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a. Viewed through the lens of "rights theories," is Microsoft’s decision to go carbon negative by 2030 ethical?
b. Apply John Rawls’ concept of the veil of ignorance to Microsoft’s decision. What conclusion do you reach about Microsoft’s decision?
Tere are various points of view not that some people automatically assume that Microsoft's managers used all the information at their disposal and Rational decision considered the benefits and costs of each option before deciding on the price.
Since Microsoft charges $599 for a copy of Windows 7, I'll say that I think that pricing is reasonable given the amount of work that goes into creating and maintaining it. Game theory investigates how consumers for themselves in a market that is competitive.
The optimum result for participants in a competitive market where no player has an incentive to change their decisions is Nash equilibrium.
I could make $10 million or lose $5 million if I trade in the market. I wouldn't make any money if I didn't go into the market. Entering the market is the greatest course of action for me because $5 million is larger than zero.
Microsoft might make $30 million or $60 million if it charges a premium price. If the company has a low price point, it may make $20 or $50 million. The wisest course of action is to demand a high price.
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Any expenditure that adds to a government budget deficit would always also add to the public debt. True or False
Answer:
Definately True
Explanation:
since that deficit budget means that the government level of expenses is higher than the level of revenue
MedTech, Inc. manufactures surgical instruments to the exacting specifications of various customers. During April 2005, Job 911 for the production of 4,500 instruments was completed at the following costs per unit:
Direct materials $ 60
Direct manufacturing labor 20
Allocated manufacturing overhead 80
Total $160
Final inspection of Job 911 disclosed 100 defective units and 50 spoiled units. The defective instruments were reworked at a total cost of $12,000, and the spoiled instruments were sold to a jobber for $3,000.
[CPA Adapted] If the costs associated with spoilage and reworked units are considered as abnormal to manufacturing operations, how much is the unit cost of the good units produced on Job 911?
A. $160
B. $162
C. $164
D. $168
The goods produced on Job 911 cost $162 per unit.The entire cost of creating Job 911 is $160 per unit, but we must subtract the atypical costs associated with the defective and ruined units. The correct answer is B.$162.
The sum of the rework charges for the flawed units, which comes to $12,000, represents their overall cost. As a result, $12,000 divided by 100 defective units equals $120.The sum collected from selling the spoiled units to a jobber, or $3,000, represents the total cost of the units. The price per spoiled unit is therefore $3,000/50 = $60.
To determine the price of Job 911, we must deduct the cost of faulty and spoilt items.
(4,500 times $160) is the total cost of goods produced.
- (100 x $120) - (50 x $60)
$720,000 is the total cost of the goods produced.
$12,000 - $3,000
$705,000 is the total cost of the goods produced.
The cost per unit of the goods created on Job 911 is:
Unit cost is calculated as Total Good Unit Cost / Total Good Unit Production.
Cost per unit: $705,00,00 / (4,500 - 100 -50)
Cost per unit = $700,000 /4,350
$162 (rounded to the closest whole dollar) is the unit price.
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Suppose that a paper mill "feeds" a downstream box mill. For the downstream mill, the marginal profitability of producing boxes declines with volume. For example, the first unit of boxes increases earnings by $40, the second by $36, the third by $32, and so on, until the tenth unit increases profit by just $4.
The cost the upstream mill incurs for producing enough paper (one "unit" of paper) to make one unit of boxes is $4.50.
Assume the two mills operate as separate profit centers, and the paper mill sets the price of paper. It follows that the marginal profitability of boxes represents the highest price that the box division would be willing to pay the paper division for boxes.. Furthermore, assume that fixed costs are $0 for the paper mill.
The following table summarizes the quantity, total revenue, and marginal costs from the perspective of the paper mill for selling paper to the box mill at various prices.
n the following table, fill in the marginal revenue, total cost, and total profit for the paper mill when selling paper to the box mill at each given price.
Price
Quantity
Total Revenue
Marginal revenue
Total Cost
Marginal Cost
Profit
(Marginal Profitability to the Box Mill)
(Units of Paper equivalent to One Box)
($)
($)
($)
($)
($)
($)
$40 1 $40 $4.50 $4.50
$36 2 $72 $4.50
$32 3 $96 $4.50
$28 4 $112 $4.50
$24 5 $120 $4.50
$20 6 $120 $4.50
$16 7 $112 $4.50
$12 8 $96 $4.50
$8 9 $72 $4.50
$4 10 $40 If the paper mill sets the price of paper to sell to the box mill, it will set a price of ? and sell ? units of paper to the box mill. Profits will be
for the paper mill. Companywide profits will be ?
. (Hint: Recall that the prices in the table represent the marginal profitability of each unit of paper, or box, to the box mill.)
Suppose the paper mill is forced to transfer paper to the box mill at marginal cost ($4.50).
In this case, the box mill will demand ? units of paper. This leads to companywide profits of ?
To find the price of paper and the number of units of paper to be sold to the box mill, we need to compare the marginal profitability of boxes to the price of paper.
At a price of $40, the marginal profitability of boxes is $40, which is higher than the cost of producing one unit of paper ($4.50). Therefore, the paper mill will set the price of paper to $40 to sell one unit of paper to the box mill. The box mill will buy only one unit of paper because the marginal profitability of additional boxes is less than the price of paper.
At a price of $36, the marginal profitability of boxes is $36, which is still higher than the cost of producing one unit of paper ($4.50). Therefore, the paper mill will set the price of paper to $36 to sell two units of paper to the box mill. The box mill will buy two units of paper because the marginal profitability of the second box is still higher than the price of paper.
At a price of $32, the marginal profitability of boxes is $32, which is still higher than the cost of producing one unit of paper ($4.50). Therefore, the paper mill will set the price of paper to $32 to sell three units of paper to the box mill. The box mill will buy three units of paper because the marginal profitability of the third box is still higher than the price of paper.
Following this pattern, we can fill in the table as shown below:
Price
Quantity
Total Revenue
Marginal revenue
Total Cost
Marginal Cost
Profit
(Marginal Profitability to the Box Mill)
(Units of Paper equivalent to One Box)
($)
($)
($)
($)
($)
($)
$40 1 $40 $40 $4.50 $4.50 $35.50
$36 2 $72 $32 $9 $4.50 $62.50
$32 3 $96 $24 $13.50 $4.50 $77
$28 4 $112 $16 $18 $4.50 $89.50
$24 5 $120 $8 $22.50 $4.50 $93
$20 6 $120 $0 $27 $4.50 $88.50
$16 7 $112 ($8) $31.50 $4.50 $76
$12 8 $96 ($16) $36 $4.50 $59.50
$8 9 $72 ($24) $40.50 $4.50 $47
$4 10 $40 ($32) $45 $4.50 $-9.50
The paper mill will set the price of paper to $32 to sell three units of paper to the box mill. The box mill will buy three units of paper because the marginal profitability of the third box is still higher than the price of paper. At this price, the paper mill will make a profit of $77 (total revenue of $96 minus total cost of $18). Companywide profits will be the same as the profits of the paper mill because the two mills operate as separate profit centers.
If the paper mill is forced to transfer paper to the box mill at marginal cost ($4.50), the box mill will demand ten units of paper (the point at which marginal profitability of boxes is equal to the price of paper). This leads to companywide profits of $0 (total revenue of $180 minus total cost of $180). The box mill will continue to buy paper until the marginal profitability of boxes is equal to the price of paper, which in this case is at ten units of paper.
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