If the long-run demand for oranges is the same as the short-run demand, a binding price ceiling will result in a shortage that is larger in the long run than in the short run.
What is a Binding Price Ceiling?A binding price ceiling is when the government or an agency of the government sets the maximum price for a product below the the equilibrium price.
In the long run, as a result of the binding price ceiling, there would be a decrease in the supply of oranges. If the demand in the long run and short run is the same, there would be a shortage.
Reason-
Because it takes many years before newly planted orange trees bear fruit, the supply curve in the short run is almost vertical. In the long run, farmers can decide whether to plant oranges on their land, to plant something else, or to sell their land altogether. Therefore, the long-run supply of oranges is much more price sensitive than the short-run supply of oranges.
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Many home buyers express common concerns about the energy efficiency of their homes. Of the following, which is a measurement of the efficiency of energy used to determine the effectiveness of appliances
In a case whereby Many home buyers express common concerns about the energy efficiency of their homes the measurement of the efficiency of energy that is used to determine the effectiveness of appliances is The EER.
What is The EER?
The EER can be regarded as the ratio of the cooling capacity to the power input (in watts) of a system.
It should be noted that The higher the EER rating, the more efficient the air conditioner, in this case, the measurement of the efficiency of energy that is used to determine the effectiveness of appliances is The EER.
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On January 1 of Year 1, Bryson Company obtained a $147,750, four-year, 7% installment note from Campbell Bank. The note requires annual payments of $43,620, beginning on December 31 of Year 1.
Installment note from Campbell Bank.
1-Jan Note intt expense Decrease 31-Dec
Amortization of Installment Notes Carrying payment 7% in Carrying
Year ending December 31 amount cash paid notes payable amount
year 1 147,750 43,620 10343 33,278 114,473
year 2 114,473 43,620 8013 35,607 78,866
year 3 78866 43,620 5521 38,099 40,766
year 4 40766 43,620 2854 40,766 0
b) Journal Entries
Date Account titles & Explanations Debit Credit
year 1 1-Jan Cash 147,750
Notes payable 147,750
(to record issuance of note)
year 1 31-Dec Interest expense 10343
Notes payable 33,278
cash 43,620
(to record interest expense)
year 2 31-Dec Interest expense 8013
Notes payable 35,607
cash 43,620
(to record interest expense)
year 3 31-Dec Interest expense 5521
Notes payable 38,099
cash 43,620
(to record interest expense)
year 4 31-Dec Interest expense 2854
Notes payable 40,766
cash 43,620
(to record interest expense)
c) interest expense of 10,343 would be reported on the income statement of Bryson Company.
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A catalog company that receives the majority of its orders by telephone conducted a study to determine how long customers were willing to wait on hold before ordering a product. the length of time was found to be a random variable best approximated by an exponential distribution with a mean equal to 3 minutes. find the waiting time at which only 10% of the customers will continue to hold.
The waiting time at which 10 percent of the customers would continue to hold in the catalogue company is given as 0.316
How to solve for the waiting timeWe have to solve for X ~ Exponential(λ).
then E(X) = 1/λ = 3,
= 0.3333
Remember that the cumulative distribution function of X is F(x) = 1 - e^(-λx). ; x is equal to the time in over case
For 10 percent of the people we would have a probability of
10/100 = 0.1
we are to find
P(X ≤ t)
= 1 - e^(0.3333)(t) = 0.1
Our concern is the value of t
Then we take the like terms
1-0.1 = e^(0.3333)(t)
1/0.9 = e^(0.3333)(t)
t = 3 * ln(1/0.9)
= 0.3157
~0.316
The waiting time at which 10 percent of the customers would continue to hold in the catalogue company is given as 0.316
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When members of high-performing teams communicate, the majority of their comments are?
When members of high-performing teams communicate, the majority of their comments are work related.
How do High performing teams communicate?
Our study revealed that they are substantially more likely to speak on the phone with coworkers than their less successful counterparts, and they also prefer to talk more frequently in general.
What are the benefits of a high performing team?
A few of the organizational advantages of high-performance teams include having motivated individuals who share knowledge and the capability (and confidence) to provide consistent results. Increased trust and involvement are often advantages for the teams themselves. increased efficiency & production.
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Mary deeds her property over to her three children with the condition that she is able to live on the property for the remainder of her life. This is an example of what
Mary deeds her property over to her three children with the condition that she is able to live on the property for the remainder of her life. This is an example of a life estate.
Life Estate is a person's lifetime ownership of the real estate. Legally, real estate dies when ownership of the property returns to its original owner or is transferred to another person "for a lifetime" and decides what to do after that person dies. is. For example, a certificate that the land is "passed to John Doe for a lifetime and then to Jane Doe" gives John a valid lifetime property and gives Jane the rest.
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Using the allowance method of accounting for uncollectible receivables, the entry to reinstate a specific receivable previously written off would include a:_______
The entry to reinstate a specific receivable previously written off would include a: debit to Accounts Receivable.
What is uncollectible receivables?Uncollectible receivables can be defined as the loan or money that a company cannot collect from a debtor while Accounts Receivable can be defined as the money a company is expected to receive from a client or vendor for the service rendered to the vendor.
Hence, the appropriate journal entry to reinstate a specific receivable previously written off would be debit to Accounts Receivable.
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A firm can repurchase its shares in all of the following ways except through: a targeted repurchase. open market purchases. a tender offer. a reverse stock split. a Dutch auction.
A firm can repurchase its shares in all of the following ways except through a reverse stock split.
What is a Reverse stock split?In the world of finance, a reverse stock split, often known as a reverse split, is the act of effectively combining shares of corporate stock into a smaller number of shares that are proportionally more valuable.Another name for a reverse stock split is a stock merger. The term "reverse stock split" refers to the more widespread stock split, in which shares are essentially divided to create a greater number of shares that are proportionately less valued.To decrease the number of stockholders, a reverse stock split may be employed. Any shareholder with fewer than 100 shares would simply receive a cash settlement if a corporation carried out a reverse split in which one new share was issued for every 100 old shares.
Hence, A firm cannot repurchase its shares through a reverse stock split.
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Clam Corp. issues 1,000 shares of $10 par value preferred stock and 3,000 shares of $1 par value common stock for $48,000
The Paid In Capital--Excess of Par, common stock is $25,800.
What is Paid-In Capital in Excess of Par Mean?Paid in capital in excess of par is essentially the difference between the fair market value paid for the stock and the stock’s par value. In other words, it’s the premium paid for an appreciated stock. Paid in capital in excess of par is created when investors pay more for their shares of stock than the par value.
Solution-
The relative market value of the common stock is:
common stock = 30,000/50,000 * $48,000 = $28,800
less the $3,000 par value of common stock
common stock = $28,800 - $3,000
common stock = $25,800
Therefore, we can conclude that the The Paid In Capital--Excess of Par, common stock is $25,800.
Your question is incomplete, but most probably your full question was:
Clam Corp. issues 1,000 shares of $10 par value preferred stock and 3,000 shares of $1 par value common stock for $48,000. The fair value of the preferred stock is $20 per share, and the fair value of the common shares is $10 per share. What is? the amount allocated to the Paid In Capital--Excess of Par, common stock
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Shareholders exercise ownership control through the power of their votes. Group of answer choices False True
True, Shareholders exercise ownership control through the power of their votes.
What is Shareholder Ownership ?Common shareholders are part of the owners of a corporation, they have bought some shares or stocks of the corporation either through public offerings or the the Stock markets.
As part of the owners of a corporation, common stock holders have certain rights except otherwise stated in the agreement.
The right to vote during the general meeting to decide how the leadership of the corporation will be. The right to share in the profits of the corporation. Common shareholders are notified before issuance of new stock.They have some degree of control over the management selection process etc.A corporation is owned by it's shareholders as a group. Each shareholder holds a proportion of the share capital of a corporate and has voting rights in proportion of his shareholdings.
Therefore , we can conclude that the statement is TRUE.
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As production workers become better organized and more familiar with equipment, the average cost per unit tends to decrease with the ________. Group of answer choices increase in the diseconomies of scale increase in derived demand decrease in the economies of scale increase in primary demand accumulated production experience
As production workers become better organized and more familiar with equipment, the average cost per unit tends to decrease with the accumulated production experience.
What is Accumulated production?
It refers to the gain a company experiences in producing a product over a period of time. Workers learn shortcuts, materials flow more smoothly, and procurement costs fall. The result is that average cost falls with accumulated production experience. This decline in the average cost with accumulated production experience is called the experience curve or learning curve.
Considering accumulated production experience, the decrease in average cost is classified as:
experience curve.learning curve.Therefore, we can conclude that the correct option is accumulated production experience.
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Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as:.
User-generated content, or UGC for short, is any content that has been created, published and/or submitted by users of a brand. In many cases, it's the most effective content for brands. Often, contributors are unpaid fans who promote a brand instead of the brand promoting itself
What is User-generated content?User-generated content, also known as user-created content, is any type of content produced by users on online platforms such as social media, discussion forums, and wikis, such as photographs, videos, text, and audio. User-generated content (UGC) is unique, brand-specific content developed by customers and disseminated on social media or other platforms. Images, movies, reviews, testimonials, and even podcasts are examples of UGC.
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in the real world (that is, if we relax the assumptions of the modigliani and miller's proposition I), optimal capital structure is
In the real world, the optimal capital structure is 100% debt.
A company's optimal capital structure is the optimal combination of debt and equity financing that maximizes the company's market value while minimizing its cost of capital. In theory, debt financing has the lowest cost of capital as it is tax deductible. However, excess debt increases shareholders' financial risk and the return on equity they require. Firms, therefore, need to find the sweet spot where the marginal utility of debt equals the marginal cost.
According to economists Franco Modigliani and Merton Miller, in an efficient market free of taxes, bankruptcy costs, agency costs, and information asymmetries, a company's value is unaffected by its capital structure.
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In Argentina a currency crisis led the government to mandate that companies needed permission from the central bank to purchase foreign currency and exporters needed to liquidate any foreign exchange earnings within five days. This is an example of a(n) _______.
An example of currency control is used when the Argentine government mandated that all companies needed permission from the central bank to purchase foreign currency and exporters needed to liquidate any foreign exchange earnings within five days.
What is a currency control?Also known as foreign exchange controls, it refers to those forms of controls imposed by a government on the purchase/sale of foreign currencies by residents.
This control also extends to the purchase and sale of local currency by nonresidents or the transfers of any currency across national borders.
Hence, the practice of currency control is used when the Argentine government mandated that all companies needed permission from the central bank to purchase foreign currency and exporters needed to liquidate any foreign exchange earnings within five days.
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Which component is more likely to be biased if book values are used in the calculation of wacc rather than market values?
Common Stock is more likely to be biased if book values are used in the calculation of WACC rather than market values.
How Does Common Stock Work?Security called common stock serves as a proxy for a company's ownership. Common stockholders decide on corporate policies and elect the board of directors. Usually, long-term returns from this type of stock ownership are higher.
Common shareholders, however, do not have any rights to a company's assets in the case of liquidation until all bondholders, preferred shareholders, and other debt holders have been fully compensated. On a company's balance sheet, common stock is listed under stockholders' equity.
How Do I Cast a Ballot Using Common Stock at Corporate Meetings?
Ordinary common shares typically have one vote per share, giving shareholders the ability to cast a ballot on corporate decisions, which are frequently made at a company's annual meeting of shareholders. If you're unable to vote in person, you can choose to have a representative vote on your behalf if you choose (along with others who cannot attend).
Votes may be taken on matters like whether to merge with or purchase a business, elect board members, or consent to dividends or stock splits.
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Research with results that provide detailed verbal or visual information about consumers' attitudes, feelings, and buying behaviors rather than offering numeric data is known as:_________.
Research with results that provide detailed verbal or visual information about consumers' attitudes, feelings, and buying behaviors rather than offering numeric data is known as qualitative research.
More about qualitative research:
A relatively small sample size is used in this study, which also focuses on depth rather than breadth, is non-linear and cyclical, and strives to systematically elucidate the depth of the human experience within its contextual setting. Finding meaning is the goal of qualitative research, which also aims to comprehend how people interpret their experiences, build their worlds, and give experiences meaning.
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Access Figure 1 and Figure 2 here. Which countries are in the top 10 of both human development and productivity indexes
Countries are in the top 10 of both human development and productivity indexes are "Norway had the highest level of the Human Development Index (HDI) worldwide in 2019, followed by Ireland, Germany 6th, Netherland 9th and Denmark on 10th position"
What is Human Development Index?The Human Development Index is a statistic composite index of life expectancy, education, and per capita income indicators, which are used to rank countries into four tiers of human development.
What is Productivity Index?The productivity index is a measure of the well potential or ability to produce and is a commonly measured well property. The symbol J is commonly used to express the productivity index.
Hence, Norway, Ireland, German, Netherland and Denmark are correct answer.
Your question is incomplete, but most probably your full question was:
Which countries are in the top 10 of both human development and productivity indexes? Check all that apply.
Norway
Germany
Denmark
United States
Belgium
Netherlands
Ireland
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You run a stop sign and hit another vehicle. Which type of insurance will pay for the repair of your vehicle
You run a stop sign and hit another vehicle. Collisions are the type of that insurance will pay for the repair of your vehicle
This is further explained below.
What is collision insurance?Generally, Collision insurance is a kind of coverage that may assist pay for the repair or replacement of your vehicle in the event that it is damaged in an accident with another vehicle or object, such as a tree or a fence. When you lease or finance a vehicle, the lender will almost always demand you to have collision coverage on the vehicle.
In conclusion, You blow through a stop sign and collide with another car. Your auto insurance company will pay for the repairs to your car if it was damaged in a collision.
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A coca-cola ad that highlights the firm's growing use of recyclable materials and other investments in sustainability is an example of __________.
A coca- cola ad that highlights the firm's growing use of recyclable materials and other investments in sustainability is an example of institutional advertising.
Institutional advertising is described as promotional activities which are used to improve the reputation of brand, and also build a positive image of a brand, or in order to encourage the support of a specific brand or organization.
Institutional advertising is different from other forms of advertising as it is not used to sell a specific product or service.
Institutional advertising is used to promote the brand or organization itself so that a sense of trust or respect can be created. The goal of institutional advertising is just to get the viewers to know about the brand in a very positive way .
When institutional advertising is implemented, a target group is determined. For this a proper message and a proper method of communication is also required.
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The sale or maturity of investments in securities is a cash ______ activities section of the statement of cash flows. Multiple choice question. outflow in the financing inflow in the investing outflow in the operating outflow in the investing inflow in the operating inflow in the financing
Cash flow from investing activities (CFI)
The sale or maturity of investments in securities is a cash flow from investing activities.
CFI-Cash flow investing activities - One of the sections on the cash flow statement that details how much money was made or spent on various investment-related activities during a given period is the cash flow from investing activities (CFI). Purchasing tangible assets, investing in securities, or selling securities or assets are all examples of investing activity. If management is investing in the long-term health of the company, negative cash flow from investing operations could not be a bad indicator. The cash used in operations, including working capital, borrowing, and investing, is reported in the cash flow statement. On the cash flow statement, there are three activities-labeled parts.
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When considering cost-of-living differences between locations, which type of costs stand out?
When considering cost-of-living differences between locations, housing costs stand out.
Housing costs means the compensation or any fees paid or charged. It is paid periodically for the use of any property, land, buildings, or equipment.
For purposes of measuring housing cost, housing costs includes the basic rent charge as well as any periodic or monthly fees for other services paid to the landlord by the tenant.
While considering the housing cost it do not include any utility charges that are based on usage and also the tenant has agreed in the rental agreement to pay, unless and until the obligation to pay those charges has created itself a change in the terms of the rental agreement.
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What quality control technique attempts to keep errors from reaching the final customer?
100% Inspection method is the quality control technique that attempts to keep errors from reaching the final customers.
100% inspection method is a quality control technique which involves assessing and looking at all the parts of a product.
This type of quality control is done to rule out flaws in products so that they do not reach to the customers.
This method is commonly used to evaluate the valuable metals and products.
When conducting the 100% inspection method data about the manufacturing process is required and software is also needed to analyze inventory of the products.
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What are three characteristics that affect decision making by a group?
Answer:
-the efficiency of the group
-the knowledge of group members
-the size of the group
Explanation:
Those are the 3 characteristics that affect decision making by a group.
I hope it helps! Have a great day!
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The acquisition of caremark rx, inc. , (a pharmacy benefits manager) by cvs corporation (a retail pharmacy) is an example of a______________________ and allows cvs to gain ___________________________
The acquisition of caremark rx, inc. , (a pharmacy benefits manager) by cvs corporation (a retail pharmacy) is an example of a backwards vertical acquisition and allows cvs to gain increase market power.
The American healthcare firm CVS Health Corporation (formerly CVS Corporation and CVS Caremark Corporation) is the owner of numerous brands, including Aetna, a health insurance provider, CVS Caremark, a chain of retail pharmacies, and CVS Pharmacy.
The specialized pharmacy section known as CVS Specialty offers specialty pharmacy services to people with hereditary or chronic disorders who need sophisticated and expensive pharmacological treatments.
The largest specialty pharmacy in the United States is CVS Health, which runs 24 retail specialty pharmacy shops and 11 specialized mail order pharmacies.
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According to the federal highway administration, 19 percent of the 53,000 bridges in texas are rated as:_______
The Federal highway administration estimated that about 19 percent of the 53,000 bridges in Texas are rated as structurally deficient.
What is a structurally deficient bridge?This signals that some elements of the bridge need to be monitored and/or repaired, this means the fact that a bridge is "structurally deficient".
However, the fact does not imply that it is likely to collapse or that it is unsafe but It means the bridge must be monitored, inspected and maintained.
Therefore, the Federal highway administration estimated that about 19 percent of the 53,000 bridges in Texas are rated as structurally deficient.
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On a production possibilities curve (ppc), an improvement in the state of technology affecting all goods would signify what type of shift?
On a production possibilities curve (ppc), an improvement in the state of technology affecting all goods would signify an outward type of shift.
Production possibility curve will shift outward because with the improvement in the technology the production of two type of goods will increase.
The PPC can be used to illustrate the concepts of scarcity, opportunity cost, economic growth, inefficiency, efficiency and contractions.
It represents all the groups of two different goods that can be produced at one time.
When there will be increasing opportunity cost of production ppc will become bow shaped.
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Fried chicken and grilled chicken are substitutes. If the american heart association announces that eating fried chicken increases the risk of stroke, this will cause?
It will cause decrease in the demand of fried chicken and increase in the demand of grilled chicken. A product or service that consumers may quickly swap out for another is referred to as a substitute.
Consumers are given options and alternatives through substitutes, which also encourage market competition and demand down prices. A product must have a certain relationship with a good in order to be a substitute for that good. These connections might be direct—like one brand of coffee and another—or indirect—like coffee and tea.
In economics, substitute items are frequently used when demand for one product rises as price of substitute product rises.
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What consideration may discourage executives from disclosing information about many segments of the enterprise?
The considerations that may discourage executives from disclosing information about many segments of the enterprise are Adding the Cost of any beginning inventory.
Enterprise segment means the enterprise reporting segment as defined in the seller's financial statements unless it includes network infrastructure products with integrated Digital Enhanced (iDEN) protocols and associated software and services.
Enterprise Segment means (i) Retail Pro Software or Enterprise Edition users who purchase four or more inventories, and (ii) Retail Pro Software or Enterprise Edition users who purchase a single inventory of more than 10 seats. Or (iii) A prospective Retail Pro Software or Enterprise Edition user with 4 or more retail stores or a single retail store location with more than 10 seats. This definition is subject to change in accordance with Section 2.9.
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Mark recently started a small consulting firm. He is drafting a detailed written statement that describes the nature of the business, the target market, the advantages the business will have over competition, and the resources and qualifications of the owner(s). Mark is writing a(n)
Mark recently started a small consulting firm. He is drafting a detailed written statement that describes the nature of the business, the target market, the advantages the business will have over competition, and the resources and qualifications of the owner(s). Mark is writing a business plan.
A business plan is a written document that describes in great depth the goals and objectives of a company. A business plan outlines a documented strategy for the company's operations, finances, and marketing. Business plans are used by both new and established businesses.
A business plan is a formal written document that outlines the objectives of the company, how they will be reached, and when they will be accomplished.
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Mark is writing a business plan.
What is Business Plan?A business plan is a written document that describes in great depth the goals and objectives of a company. A business plan outlines a documented strategy for the company's operations, finances, and marketing. Business plans are used by both new and established businesses.
A business plan is a crucial document intended for both internal and external audiences of a company. For instance, before a business has built a solid track record, a business plan is utilized to entice investment. Securing financing from financial entities might also be beneficial.
KEY LESSONSA business plan is a document that outlines a company's primary business operations and how it intends to accomplish its objectives.Business plans are used by startup enterprises to gain traction and draw in outside investors.An executive team can utilize a business plan as an internal roadmap to maintain focus on and progress toward short- and long-term goals.Businesses may write a typical business plan that is longer or a lean startup plan that is shorter.An executive summary, sections on products and services, marketing strategy and analysis, financial planning, and a budget should all be included in good business plans.Learn more about Business plan here:
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Skeletal muscle fibers are very unusual because they may be . have intercalated discs (gap junctions) devoid of striations and spindle-shaped with a single nucleus a foot or more in length, and each cell contains hundreds of nuclei subject to the activity of pacemaker cells, which establish contraction rate capable of division, unlike smooth muscle cells
Skeletal muscle fibers are very unusual because they may be: B. a foot or more in length, and each cell contains hundreds of nuclei.
What is a skeletal muscle?Skeletal muscle is also referred to as voluntary muscle and it can be defined as a type of muscle that's connected with the skeleton by tendons, so as to form a mechanical system that enables the movement of the limbs and other body parts with respect to another.
Generally, skeletal muscle fibers are considered to be very unusual because they may be a foot or more in terms of length, and each cell typically contains hundreds of nuclei.
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A decrease in bank deposits that is matched by an increase in currency in circulation:_____.
A decrease in bank deposits that is matched by an increase in currency in circulation: liquidity in banking.
If there is too much money in circulation, both in terms of cash and credit, then the value of legal tender decreases. Multiple factors can influence the amount of cash in circulation: Economic factors such as GDP growth, inflation or an economic crisis. Things or people that store or hold cash.
Liquidity is a measure of the cash and other assets banks have available to quickly pay bills and meet short-term business and financial obligations. Capital is a measure of the resources banks have to absorb losses.
Liquidity can be caused by a combination of different factors, including having a shortage of money in circulation, which increases the value of that money and, in turn, reduces prices; having more goods produced than there is demand for, which means businesses must decrease their prices to get people to buy those .
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