A subsidy c.) reduces the amount that buyers pay for a good. It is a payment made by the government to support a particular industry or product.
What is meant by subsidy?
A subsidy is a payment made by the government to support a particular industry or product, with the aim of reducing the cost of production or consumption of that product. In the case of a subsidy on a good, the government may provide financial support to the producers of that good, which allows them to lower the price at which they sell the good. As a result, buyers pay less for the good than they would without the subsidy, but the amount that sellers receive may remain the same or even increase, as the subsidy can offset some of their costs of production. Therefore, a subsidy reduces the amount that buyers pay for a good.
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1. Prepare the journal entries for Star Inc. For the month of December: 12/2 Purchased $20,000 of merchandise from Tang Corp., terms 1/20, n/40; FOB shipping point 12/3 The appropriate party paid $150 for shipping costs related to the 12/2 transaction 12/6 Returned $2,000 of merchandise to Tang Corp for credit 12/10 Sold $500 of merchandise to R. Smith, terms 2/10, n/30; cost of merchandise was $120; FOB shipping point 12/11 The appropriate party paid $20 for shipping costs related to the 12/10 transaction 12/18 Received the balance due from R. Smith 12/21 Paid Tang Corp the balance du
Answer:
1.Purchases (Dr.) $20,000
Accounts Payable (Cr.) $20,000
2.Shipping cost (Dr.) $150
Cash (Cr.) $150
3.Purchase return (Dr.) $2,000
Purchases (Cr.) $2,000
4.Account Receivable (Dr.) $500
Sales (Cr.) $500
5.Freight expense (Dr.) $20
Cash (Cr.) $20
Explanation:
The journal entry at the time of purchase will be recorded as accounts payable for complete invoice amount and discount is not incorporated in the entry because it is not realized. The adjusting entry will be recorded when the discount is availed to adjust the transaction and reflect the discount effect in the book of accounts.
who's birthday is in september?
Answer:
hii
Explanation:
not mines mines in January
Joshua controls all the pay rates, raises, and bonuses in your department. He is also able to assign you to an interesting work project and give you the most lucrative sales territory. Joshua has ________ power.
Joshua has complete authority over your department's pay scales, promotions, and incentives. Additionally, he can provide you the most lucrative sales region and a fun job assignment. Joshua has reward power.
A promotional incentive is a coupon, rebate, or other incentive offered to persuade a consumer to buy goods, food, or services for which I the consumer provides no direct consideration or (ii) the direct consideration provided is insufficient to cover the cost of the goods, food, or services to be received. Rewards offered by a firm to present and potential consumers to encourage conversions are known as marketing incentives. These conversions may consist of first-time purchases, follow-up purchases, website visits, email signups, referrals, and more.
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What causes the demand curve to shift to the left?
If the determinant causes demand to decline, the
demand curve shifts to the left. As a result, fewer people are in need of the good or service. When there is a
recession, buyers' salaries decrease. Despite the price
remaining the same, they will purchase less of everything.
can I please get the 10 points:)
Which best describes how specialized producers decrease their opportunity costs?
Oby reducing production costs
O by focusing on target markets
O by increasing production of certain items
Oby limiting the types of goods produced
The specialized producers decrease their opportunity costs by limiting the types of goods produced. Thus the correct option is last.
What does the opportunity cost?A situation of abundance, where an individual has a variety of options available and chooses one option over another by evaluating their importance is referred to as opportunity cost.
It's crucial to keep in mind that a supplier with a competitive edge can provide a good or service for less money than a rival supplier. By limiting teh goods producers can decrease the opportunity Cost.
Opportunity costs can be seen in every situation where a person is required to decide between something and giving up something else. In accordance with this theory, economic agents choose options that maximize benefits.
Therefore, option D is appropriate.
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auditors understand that receiving explanations from an entity's management is the step in the professional judgment process.
Adjudication means evaluating evidence to reach a decision. Judgment is also the ability to make well-thought-out decisions. The term has at least five different uses. Aristotle suggested looking at the antonyms of a term to determine whether the various uses are actually different.
Formal - The mental act of affirming or denying one thing in comparison with another. Judgments are communicated to others using agreed terms, in the form of words or algebraic symbols, as meanings forming statements relating to the terms, and further asserted meanings of 'relationship' are used to make judgments. understood and interpreted by those who do.
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there is a surplus of a new brand of cereal on the market. what will likely happen to the price of the cereal?
Answer:
The price of the cereal would fall.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
When there is a surplus of a new brand of cereal in the market. What will likely happen to the price of the cereal is that the its price would fall.
Those who manage the work on the front lines are most involved with what component of the planning process?.
Those in charge of monitoring action on the front lines typically handle the operational planning element of the planning process.
Operational planning is a helpful document that details the primary duties and objectives a company will pursue during a specified time period, typically a year
What is more about planning process.Planning is the act of dividing one's thoughts into manageable steps. Planning is divided into four primary categories: strategic, tactical, operational, and contingency planning. To determine their goals and objectives, organizations use the strategic planning process.
Operational planning is a helpful document that details the primary duties and objectives a company will pursue during a specified time period, typically a year. It frequently has connections to finance agreements and, in a broader sense, to the organization's strategic objective.
A manufacturer developing a plan to increase sales by 30% is an example of operational planning.
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Whose permission do you need to write or arrange pieces that are Traditional or in the Public Domain? I said copyright owner but my teacher says I’m wrong
Answer:
Explanation:
She's right, but you have a nice thought. It is always a good idea to try to give credit where credit is due.
Public Domain refers to written material that no one has a lien on. No one owns the copywrite. No one holds any claim on the material at all. So there is no need to try and get permission because no one is listed to get the permission from.
If you have a cell phone that does just about everything but make coffee in the morning, you can download an app called free books. Some are very good. They are all in public domain.
setting emissions standards for each industry, while allowing companies to trade so-called carbon credits, is an approach to enviromental polcay known as
A government regulatory program known as "cap and trade" aims to reduce or "cap" the overall level of certain chemical emissions, particularly green house emissions, that result from industrial activity.
What are green house emissions?Human-related greenhouse gas emissions increase the greenhouse effect and fuel climate change. Coal, oil, and natural gas combustion produce the majority of carbon dioxide. In comparison to pre-industrial levels, human-caused emissions have increased atmospheric carbon dioxide by around 50%. Although the rising emission amounts differed, all greenhouse gases showed a similar trend (GHG). The 2010s had record-high emissions, averaging 56 billion tons annually. The two main sources of emissions are transportation and electricity generation, with coal-fired power plants accounting for 20% of all GHG emissions. Agriculture is the biggest contributor to anthropogenic methane emissions, followed closely by gas venting and fugitive emissions from the fossil fuel industry.
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While using a debit card increases the speed and efficiency of business transactions, what effect can this have on a person's money management skills?
The person can set his or her financial goal and this will result in preplanning the funds. This makes the platform an easy target to transact with and more efficient.
What is a financial goal?A financial goal is an objective or plan for handling money. It is a function of how much money you make, spend, save, or invest. Depending on their need for a financial objective, such as pension planning, a person or individual might define their own financial goals.
The person who is a using debit card or a credit card. This would help the person in maintaining their efficiency and a budget. They can even set a limit through which they can be allowed to transit.
Also, they can use ODIs which is overdraft as well as bills receivable. This would increase their efficiency and money management.
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If jack consumes 3 popsicles and 1 ice cream cone, then: a. He still has $5 left to spend. B. The price of ice cream must have increased to $8. C. The price of popsicles must have decreased. D. None of these are true
The most accurate answer would be option D) None of these are true as we do not have enough information to draw conclusions about the prices of popsicles and ice cream cones or Jack's remaining money.
If Jack consumes 3 popsicles and 1 ice cream cone, we cannot directly determine the changes in the prices of popsicles or ice cream cones. However, we can analyze each option:
A. If Jack still has $5 left to spend, it indicates that he has spent a certain amount on the popsicles and ice cream cone, but without knowing the initial amount of money or the prices, we cannot confirm this.
B. The price of ice cream increasing to $8 is a possibility, but we cannot conclude this solely based on the given information about Jack's consumption.
C. The price of popsicles decreasing is another possibility, but again, we cannot confirm this without knowing the initial prices and Jack's total spending.
D. Since we cannot confirm any of the previous statements, the most accurate answer would be "None of these are true," as we do not have enough information to draw conclusions about the prices of popsicles and ice cream cones or Jack's remaining money.
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If you see a mistake on your credit report, who should you contact? how should you contact them?.
If you see a mistake on your credit report, you should get in touch with the credit reporting company and explain the issue to them.
Your credit report affects your purchasing power, chances of landing a job, renting or purchasing a home and ability to purchase insurance. Credit reporting agencies sell your report's contents to companies that use it to decide whether to lend you money or not. Credit reports are sometimes also consulted by hiring managers. This is why it's important to ensure that the data in your report is accurate and comprehensive.
Any inaccurate or incomplete information in your report must be corrected by the credit agency as well as the company that provided the information to the bureau. These agencies work for no payment. Contact the credit bureau and the company that provided the false information to get errors in your record fixed. Inform them that you want to contest the facts in your report. Your issues will be resolved.
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An advertising company wishes to estimate the mean household income for all single working professionals who own a foreign automobile. If the advertising company wants a 90% confidence interval estimate with a margin of error of $25,000, what sample size is needed if the population standard deviation is known to be $ 27,500?
By substituting the given values into the formula, the calculation yields a sample size of approximately 97 households.
What sample size is needed to estimate the mean household income for single working professionals who own a foreign automobile with a 90% confidence interval and a margin of error of $25,000, assuming a known population standard deviation of $27,500?To estimate the mean household income for single working professionals who own a foreign automobile, the advertising company requires a sample size. With a desired 90% confidence level and a margin of error of $25,000, the known population standard deviation of $27,500 is utilized.
To determine the necessary sample size, the formula \(\left(\frac{{Z \cdot \sigma}}{{E}}\right)^2\) is employed, where \(Z\) represents the z-score corresponding to the confidence level, \(\sigma\) denotes the population standard deviation, and \(E\) signifies the desired margin of error.
Thus, the advertising company would need to survey around 97 single working professionals who own a foreign automobile to estimate the mean household income with the desired level of confidence and margin of error.
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why is real gdp rather than nominal gdp used when comparing growth over time?
Real GDP is used when comparing growth over time because it adjusts for changes in prices, providing a more accurate measure of economic growth.
Nominal GDP, on the other hand, reflects the value of goods and services produced in current prices without accounting for inflation. The use of real GDP allows for a clearer understanding of changes in the actual quantity of goods and services produced in an economy, rather than changes driven solely by price fluctuations. By removing the impact of inflation or deflation, real GDP provides a more meaningful measure of economic output and allows for comparisons across different time periods. Comparing growth rates based on nominal GDP can be misleading because it may give the impression of higher growth due to price increases rather than actual increases in production.
Real GDP accounts for changes in the purchasing power of money, making it a more appropriate measure for assessing changes in economic activity and productivity over time.
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The following table shows the actual demand observed over the last 4 years:
Year: 1 2 3 4
Demand: 8 8 4 10
Using exponential smoothing with α =0.40 and a forecast for year 1 of 7.0 provide the forecast from periods 2 through 5 (round your responses to one decimal place).
Year: 1 2 3 4 5
Forecast (ES): 7.0 ? ? ? ?
Provide the forecast from periods 2 through 5 using the naive approach (enter your responses as whole numbers).
Year: 2 3 4 5
Forecast (NA):
The given data for 4 years is shown below:Year: 1 2 3 4Demand: 8 8 4 10Now we need to use the exponential smoothing method to determine the forecast for the years 2 to 5.
The forecast for year 1 is 7 and the actual demand for the year is 8. α = 0.40The main answer is as follows.Using exponential smoothing: Forecast for year 1 = 7Actual demand for year 1 = 8α = 0.4Forecast for year 2 = 0.4(8) + (1 - 0.4)(7) = 7.6Forecast for year 3 = 0.4(4) + (1 - 0.4)(7.6) = 6.16Forecast for year 4 = 0.4(10) + (1 - 0.4)(6.16) = 7.
7Forecast for year 5 = 0.4(x) + (1 - 0.4)(7.7)The forecast for the year 5 can be determined by using the forecast for year 4.So, Forecast for year 5 = 0.4(7.7) + (1 - 0.4)(7.7) = 7.7Hence, Forecast for the years 2 to 5 are:Year: 1 2 3 4 5Forecast (ES): 7.0 7.6 6.2 7.7 7.7Now we need to use the naive approach to determine the forecast for the years 2 to 5.Forecast using Naive approach:Forecast for year 2 = Actual demand of year 1 = 8Forecast for year 3 = Actual demand of year 2 = 8Forecast for year 4 = Actual demand of year 3 = 4Forecast for year 5 = Actual demand of year 4 = 10Hence, the forecast using naive approach is:Year: 2 3 4 5Forecast (NA): 8 8 4 10\
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make a list of things that should be considered while managing a factory or an industry
plz say correct answer not stipude answer
Sen Corp., a publicly-traded, mid-cap company, wanted to obtain $30 million in new capital to expand its Iowa plant. Cost of capital was a factor in making the decision. Sen Corp. could either issue new preferred stock or new debentures. Sen Corp.'s underwriter estimated that preferred stock should have an annual dividend payout of $6 and an issue price of $103 per share. The debentures should have a coupon interest rate of 9% and an issue price of $101. Sen Corp.'s marginal income tax rate was 40%.
Required:
What approaches describes Sen Corp.'s best strategy?
Based on the information given, the approach that describes the strategy that was used by the company is that Sen Corp. should issue the debentures since the after-tax cost of debt (5.347%) would be less than the cost of equity (5.825%).
A debenture simply refers to the rule of bond that's unsecured by collateral. Debentures typically rely on the reputation of the issuer.
From the complete information, the company wants to obtain $30 million in new capital to expand its plant. Therefore, it's appropriate to issue the debentures since issue the cost of equity is more than the after-tax cost of debt.
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Barnes Company showed the following balances at the end of its first year:
Cash $14,000
Prepaid insurance 700
Accounts receivable 3,500
Accounts payable 2,800
Notes payable 4,200
Common stock 5,400
Dividends 700
Revenues 24,000
Expenses 17,500
What did Barnes Company show as total credits on its trial balance?
Barnes Company showed a total of $51,800 as credits on its trial balance.
To determine the total credits on the trial balance, we need to consider the credit balances of the accounts.
The accounts with credit balances are:
- Cash: $14,000
- Prepaid insurance: $700
- Accounts payable: $2,800
- Notes payable: $4,200
- Common stock: $5,400
- Dividends: $700
- Revenues: $24,000
To find the total credits, we add up the credit balances:
$14,000 + $700 + $2,800 + $4,200 + $5,400 + $700 + $24,000 = $51,800
Therefore, Barnes Company showed a total of $51,800 as credits on its trial balance.
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Which following is not true about emergency funds
The truth about emergency funds is that " they are used for anything listed on the budget."
This is further explained below.
What are emergency funds?Generally, A savings or checking account that is kept specifically for the purpose of covering or making up for the financial impact of an unexpected event is known as an emergency fund. It is not an emergency fund and should not be included into a long-term savings plan for things like paying for education, purchasing a new vehicle, or going on vacation.
In conclusion, The truth about emergency funds is that " they are used for anything listed on the budget."
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CQ
Which of the following is NOT true about emergency funds?
a. they are used for anything listed on the budget.
b. they can keep you from borrowing money from friends and family.
c. they can help you prepare for unexpected expenses.
d. they can help remove the worry about expenses not n the budget.
do females like when being proposed? or which way? to make it official.
Answer:
yes few like few not .
sometimes it's even worst
QUESTION 18 Redland has received a special order for 1800 units of its prodnct at a special price of $23. The prodnct cormally selts for $29 and has the following aanafacturing costs: Atsume that Rediand has sufficient capacity to fill the order. If Rediand accepts the order, what effect will the order have on the company's ahort-teres profit? nlace a - sign before your answer. For example, a decrease of $1,000 woold be answered - 1,000
If Rediand accepts the order, the effect on the company's short-term profit will be $13,500
a special order for 1800 units of its product at a special price of $23. The product normally sells for $29 and has the following manufacturing costs:
Therefore,
Redland's contribution margin per unit is, = Selling price per unit - Variable costs per unit= $29 - $22= $7
Then
,Redland's total contribution margin on 1800 units
= 1800 × $7= $12,600
Total variable costs on 1800 units = 1800 × $22
= $39,600
Thus, the company's short-term profit will be calculated by subtracting variable costs from the contribution margin. Hence,
Short-term profit= Total contribution margin - Total variable costs
= $12,600 - $39,600
= -$27,000
Thus, if Redland accepts the order, the effect on the company's short-term profit will be,$13,500
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Which of the following leadership theories offers answers about whether there is an optimism way for leaders to adjust their behaviors with different followers in which factors should the leader base his behavior on?
Answer:
path-goal theory
Explanation:
The path-goal theory is one that gives the leader the possibility to adapt his behavior according to individual and collective needs in the work environment. This theory aims to ensure that the leader recognizes the needs of each employee and indicates the path necessary to achieve the objectives and goals of the organization.
This model aims to achieve greater motivation and productivity with a leadership model based on the fulfillment of the employee's individual expectations in relation to their work.
Is a business plan a one time fee?
Answer:
i think so :)
Explanation:
State a reason to justify that marketing is a beneficial concept.
Answer: marketing is beneficial to customers because they can receive lower price they can receive new and improved products and it is also beneficial to the business because it allows businesses to maintain long-lasting and ever-present relationships with their audience
please help
Arthur showed up five minutes late to his job interview. His interviewer will likely wonder whether he possesses which important business skill?
Group of answer choices
punctuality
responsibility
integrity
ability to follow a schedule
Answer:
D) ability to follow a schedule
Answer:
Punctuality
Explanation:
I took this test, and this was the right answer
When property rights are well defined and markets are: competitive market equilibrium violates the conditions for economic efficiency.market equilibrium is consistent with economic efficiency.conditions necessary for economic efficiency no longer apply.quantity supplied will rarely equal the quantity demanded.
Complete Question:
When property rights are well defined and markets are competitive, the
Group of answer choices:
a. market equilibrium violates the conditions for economic efficiency.
b. market equilibrium is consistent with economic efficiency.
c. conditions necessary for economic efficiency no longer apply.
d. quantity supplied will rarely equal the quantity demanded.
Answer:
b. market equilibrium is consistent with economic efficiency.
Explanation:
A property right is the exclusive or sole authority which determines the legal ownership of resources and how these resources are to be used, whether by individuals or government.
Also, a competitive market is a type of market that comprises of numerous producers who compete with each other so as to satisfy or meet the material needs and wants of consumers at a specific period of time.
Hence, when property rights are well defined and markets are competitive, the market equilibrium is consistent with economic efficiency.
This ultimately implies that, when the ownership of resources are well defined and markets are competitive, all benefits from trade between the consumers and producers of goods and services has been maximized, and each units creating more benefit to the consumers than cost have been produced in the economy.
International investment returns Personal Finance Problem Joe Martinez, a U.S. citizen living in Brownsville, Texas, invested in the common stock of Telmex, a Mexican corporation. He purchased 1 comma 000 shares at 23.00 pesos per share. Twelve months later, he sold them at 27.00 pesos per share. He received no dividends during that time. a. What was Joe's investment return (in percentage terms) for the year, on the basis of the peso value of the shares? b. The exchange rate for pesos was 12.88 pesos per US$1.00 at the time of the purchase. At the time of the sale, the exchange rate was 13.44 pesos per US$1.00. Translate the purchase and sale prices into US$. c. Calculate Joe's investment return on the basis of the US$ value of the shares. d. Explain why the two returns are different. Which one is more important to Joe? Why?
Answer:
Following are the answer to the given point.
Explanation:
In point A:
Calculating Percentage Return:
\(= \frac{(27.00 - 23.00)}{23.00} \times 100 \\ \\= \frac{ 4}{23.00} \times 100 \\\\= 17.39 %\)
In point B:
calculating the Purchase value:
\(= 23.00 \ Pesos \times ( \frac{\$ 1}{12.88 \ pesos}) \\\\ = \$ 1.7857 \ per \ share \\\\\to \text{for 1000 shares purchased for: } \\\\= 1.7857 \times 100 \\\\ = 1785.7\)
calculating the sale value:
\(= 27.00 \ pesos \times ( \frac{ \$ 1}{ 13.44 \ Pesos}) \\\\ = $ 2.0089 \\\\\to \text {1000 shares sold for:} \\\\= $ 2.0089 \times 1000 \\\\ = $ 2008.9\)
In point C:
calculating the Investmet Return:
\(\to \frac{( \$ 2008.9 - \$ 1785.7)}{\$ 1785.7} \times 100\)
\(=\frac{\$ 223.2}{\$ 1785.7} \times 100\\\\= 0.12499 \times 100\\\\= 12.49\ \%\)
In point D:
Due to varying currency rates, the two results are unique. That first return is more important since Joe lives in the United States, so, his real return or how much of his investment will be paid are measured.
As a X company, you have a strategy to enter new international market.
You will analyze the Economical,Political, Legal and Cultural Environment of the country and how the company will enter this new market.
Please discuss in detail about Marketing Mix that will be applied in that country
Please outline each threats and opportunties of conducting businees in that country.
When entering a new international market, conducting a thorough analysis of the economic, political, legal, and cultural environment is crucial.
This analysis helps identify potential threats and opportunities. Economic factors such as market stability, growth potential, and consumer purchasing power present opportunities for market entry. However, challenges may arise from currency fluctuations and economic instability. Political and legal factors include regulations, trade policies, and intellectual property rights, which can either facilitate or hinder business operations.
Cultural factors should be considered to tailor the marketing mix appropriately. Opportunities may arise from consumer preferences and unmet needs, but threats can emerge from cultural differences and potential resistance to foreign products or brands. Adapting the marketing mix to align with the target market's unique characteristics can help mitigate threats and leverage opportunities.
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Which type of subdivision is defined as parcels of land that purchasers own individually, with no commonly owned areas
The type of subdivision that is defined as parcels of land that purchasers own individually, with no commonly owned areas is called a Lot and Block subdivision.
Lot and Block subdivision is a type of real estate development where a single large piece of land is divided into smaller lots and blocks. Each lot and block is given a unique identifying number to differentiate it from the others. The parcels are usually separated by streets, sidewalks, or other public spaces.The purchasers of each lot own the land individually and are responsible for maintaining their property. There are no commonly owned areas in this type of subdivision. This is different from other types of subdivisions such as planned unit developments or condominiums where there are commonly owned areas and amenities like swimming pools, parks, and clubhouses.The process of creating a lot and block subdivision involves dividing the land into lots, drawing a map of the subdivision, and recording it with the local government. This map, also known as a plat, shows the layout of the lots and blocks, their dimensions, and their unique identifying numbers.
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