'in the simple quantity theory of money, the price level is assumed to be constant.
This statement is true.
In the money economy, the quantity theory of money is one of the directions of Western economic thought that emerged in the 16th and 17th centuries. The century has arrived. QTM states that the general price level of goods and services is directly proportional to the amount of money in circulation, or the money supply.
The Quantity Theory of Money is a framework for understanding price changes associated with the money supply in an economy. He argues that an increase in the money supply causes inflation and vice versa. The Irving Fisher model is most commonly used to apply theory.
In Friedman's modern quantity theory of money, money supply is independent of money demand. Monetary authority actions change the money supply, but money demand remains more or less stable.
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frolic corporation has budgeted sales and production over the next quarter as follows: julyjuly augustaugust september september sales in units sales in units 47,000 59,000 ? production in units production in units 47,500 59,300 63,650 the company has 5,400 units of product on hand at july 1. 10% of the next month's sales in units should be on hand at the end of each month. october sales are expected to be 78,500 units. budgeted sales for september would be (in units):
The budgeted sales for September are 62,000 Units.
Budgeted Production in Units, September = Budgeted Sales, September + Desired Ending Inventory - Beginning Inventory
Desired Ending Inventory, September = October Sales * 10%
Desired Ending Inventory, September = 78,500 *10% = 7,850 Units
Let the September Sales be "x" units
Beginning Inventory, September = x * 10% = 0.10x
63,650 = x + 7,850 - 0.10x
55,800 = 0.90x
X = 62,000 Units
Therefore, the budgeted sales for September are 62,000 Units.
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dr. rick torres runs a chiropractic clinic. he typically bills his customers for services he performs and gives them about 30 days to make the payments. these amounts of money that his customers owe are called
Dr. Rick Torres runs a chiropractic clinic. he typically bills his customers for services he performs and gives them about 30 days to make the payments. these amounts of money that his customers owe are called accounts receivable.
What are accounts receivable.?Generally, The term "accounts receivable," also known as "AR" or "A/R," refers to a company's legally enforceable claims for payment for goods supplied or services provided that customers have ordered but haven't paid for.
Customers' outstanding debts for products or services they have received but haven't yet paid for are referred to as accounts receivable. For instance, the amount owing when clients buy things on credit is added to the accounts receivable.
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in deciding whether to establish a foreign operation, which is not a tax related factor might a multinational corporation (mnc) consider? group of answer choices different labor costs different income tax rates from competing investment locations the tax treatments of branches versus subsidiaries withholding rates on dividend and interest payments
After-tax returns from competing investment locations, The tax treatments of branches versus subsidiaries, Withholding rates on dividend and interest payments are not a tax related factor might a MNC's consider.
Any investment return that is profitable after deducting the cost of taxes is known as an after-tax return. The after-tax return is frequently used by high-income investors and businesses to calculate profits. To determine the pretax rate of return, an after-tax return can be expressed numerically or as a ratio.
For individual investors, the performance data is broken down into "real-life" form using after-tax returns. High-yield stocks and municipal bonds help investors in the highest tax bracket increase their after-tax returns. High tax rates apply to capital gains from short-term investments as a result of frequent trading.
Only income received and expenses incurred during the reporting period should be included when figuring the after-tax return.
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For a bond investor selecting a buy-and-hold strategy, which of the following would be the least important consideration?a. Term to maturityb. Indenture provisionsc. Coupon levelsd. Liquiditye. Quality
For a bond investor selecting a buy-and-hold strategy, the least important consideration is Liquidity Option D
What is Liquidity?Generally, In the fields of business, economics, and investment, the characteristic of a market known as market liquidity refers to the ease with which an individual or company can quickly buy or sell an asset without causing a significant shift in the price of that asset.
The trade-off between the price at which an asset can be sold and how quickly it can be sold is what is meant to be understood by the term "liquidity."
The level of investor liquidity should be the least of a bond investor's concerns when choosing a buy-and-hold investment strategy.
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Yields On Municipal Bonds Are Generally Lower Than Yields On Similar Corporate Bonds Because Of Differences In A) Risk B) Marketability C) Call Protection D) Taxation E) Liquidity
Yields On Municipal Bonds Are Generally Lower Than Yields On Similar Corporate Bonds because of taxation.
Thus, the correct option is D.
What are Corporate Bonds?
A corporate bond is a bond that a corporation issues to obtain money for a number of purposes, such as continued operations, mergers and acquisitions, or business expansion.
The phrase is typically used to describe longer-term debt instruments with a minimum one-year maturity.
For instance, a $1,000 face value, five-year, zero-coupon bond could be bought by an investor for $800. When the bond reaches maturity, the business pays $1,000, which is equal to the $800 purchase price plus interest, or the $200 original issue discount, for the first five years.
A portfolio's solid source of income is high-rated corporate bonds. They can assist you in saving money for emergencies, college, or retirement.
A company will issue corporate bonds as a way to raise capital. Investors in corporate bonds are lending the firm money, but the corporation is obligated by law to pay the interest stipulated to bondholders.
The corporation pays the bondholder back when a corporate bond matures, which is when the bond's term expires.
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teall corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (mhs). the company has provided the following data for the most recent month: budgeted level of activity 10,000 mhs actual level of activity 10,100 mhs standard variable manufacturing overhead rate $ 7.20 per mh budgeted fixed manufacturing overhead cost $ 65,000 actual total variable manufacturing overhead $ 66,600 actual total fixed manufacturing overhead $ 70,500 what was the fixed manufacturing overhead budget variance for the month?
The fixed manufacturing overhead budget variance for the month will be $5500.
Variance may be defined as the measurement of the range or spread of the data in a statistical from. It is also equal to the square of the standard deviation of a given data. The fixed manufacturing overhead budget for the month may be defined as the difference between budgeted fixed manufacturing overhead cost and actual fixed manufacturing overhead cost for the month. the formula will be expressed as:
Fixed manufacturing overhead budget = Fixed budget overhead cost - Actual overhead cost
Fixed manufacturing overhead budget = $65000 - $70500
Fixed manufacturing overhead budget = -$5500
The variance is an unfavorable since the actual overhead cost of $70500 outweighs the budgeted cost of $6500.
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a 17 year old building would cost $245,000 to build new today. you estimate the effective age to be 15 years, the remaining economic life is 45 years and the land value to be $65,000. what is the value by the cost approach?
A 17 year old building would cost $245,000 to build new today. you estimate the effective age to be 15 years, the remaining economic life is 45 years and the land value to be $65,000. The value by the cost approach 229150.
What is effective age?Effective age is the age that reflects the actual remaining useful life of the asset, taking into account the typical life expectancy of the building or its equipment class and its use. Effective Age is the age indicated by the condition and usefulness of the structure. statement is true. The formula for the cost approach is: 12 year old building in good condition is 6 years old according to appraiser. This is known as the effective age.Effective Age is an estimated age based on the usefulness and physical wear and tear of the structure. Effective age is a term used by appraisers to state the age of property based on its current condition rather than its actual age.To learn more about effective age from the given link :
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suppose that total sales in an industry in a particular year are $600 million and sales by the top four sellers are $200 million, $150 million, $100 million, and $50 million, respectively. what can we conclude about the concentration ratio?
Suppose that total sales in an industry in a particular year are $600
The concentration ratio of industry is 83.33%
Calculating the problem:Concentration ratio is the sum of the sales by corporations to the total market share.
The concentration ratio = ($200 million + (150 million) + ($100 million) + ($50 million)/$600 million
= $500 million / $600 million
=83.33%
What's the meaning of concentration rate?The concentration rate is calculated as the sum of the request share chance held by the largest specified number of enterprises in an assiduity. The concentration rate ranges from 0 to 100, and an assiduity attention rate indicates the degree of competition in the assiduity.
What's high concentration rate?A high concentration rate indicates that a many enterprises produce utmost of the assiduity affair and may indicate a significant quantum of request power in the assiduity. High concentration rates don't inescapably indicate request power.
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19 a project will give a one-time cash flow of $24000 after one year. if the project risk requires a return of 11%, what is the levered value of the firm with perfect capital markets? a.$ 17,297 b.$ 25,946 c.$ 21,622 d. more information needed
The levered value of the firm with perfect capital markets is $21,622.
What is capital?Capital is a broad term for anything that gives value or utility to its owner. For example: Factories and their machinery, intellectual property such as patents, or financial assets of companies and individuals. While money itself can be interpreted as capital, capital is more commonly associated with cash used for production and investment purposes. In general, capital is a key factor in running a business on a day-to-day basis and funding future growth. When budgeting, businesses of all types typically focus on three types of capital: working capital, equity and debt. One financial services firm recognizes trading capital as his fourth factor.To learn more about capital from the given link :
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craig identified the specific details of a system that needed to be built after consulting with employees of a business to determine their needs. craig is employed as a .
craig identified the specific details of a system that needed to be built after consulting with employees of a business to determine their needs. craig is employed as IT Professional.
Information Technology professionals assist a business by ensuring users can connect to and use computer networks throughout the working day. It is essential for IT professionals to have previous expertise in the field and a thorough grasp of both hardware and software technologies.
To ensure that computer networks and systems operate correctly and effectively, IT professionals are engaged. They also install data security solutions, build up networks, and update outdated software and hardware. To maintain network security, IT professionals must have a firm grasp of firewalls, antivirus software, and anti-spyware.
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When businesses sponsor
community events they are largely
fulfilling their
responsibility to:
When businesses sponsor community events they are largely fulfilling their responsibility in order to grow their customer base through the promotional benefits of the event.
A community event is an event which is based on the public property, and either has attendees over 50, or blocks or reserves which have access to public passages or the right of way. So, such events have direct and indirect impacts on communities.
These events tend to provide opportunities for skills development, participation, volunteering and social, cultural economic and environmental developments. Thus, this way they also grow their customer base through the promotional benefits.
Hence, such community events also attract the tourists.
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amortization is the concept that applies to the: multiple choice expensing of long-term assets that lack physical substance over their useful lives. depreciation of prepaids and supplies as they are used. recording of amounts collected in advance that have not yet been earned. recording of deferred revenue in the period cash is collected in advance of being earned.
Amortization is the concept that applies to the expensing of long-term assets that lack physical substance over their useful lives.
Amortization is the process of allocating the cost of assets over its lifespan. This process is commonly used in accounting and finance, in order to spread the amounts of an asset over its useful life.
Amortization is often used for intangible assets, such as patents or copyrights. It can also be used for certain types of loans, such as mortgages. Amortization is the process of allocating the cost of an intangible asset over its useful life.
Hence, the correct option is "First".
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what was the result on appeal of the r. j. reynolds tobacco case in the text in which the trial court awarded a smoker approximately $200,000 against r. j. reynolds tobacco?
R.J. Reynolds Tobacco Co. prevailed after a state appeals court on Wednesday overturned a $10.6 million judgment against the tobacco company in a case involving a woman's lung cancer death.
Since the spokesperson in the cited instance was made to resemble a cartoon character, entertainomercials are created. Given that the sales presentation featured a cartoon character, let's presume it is a well-known one.
Therefore, sales pitches are referred to as entertainomercials when they contain aspects of prime-time programs.
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the outstanding bonds of winter time products provide a real rate of return of 5.6 percent. the current rate of inflation is 4.68 percent. what is the actual nominal rate of return on these bonds?
The nominal rate of return on these bonds is 10.54%.
What are nominal rate ?
Prior to accounting for inflation, the interest rate is referred to as the nominal interest rate. Additionally, it describes the rate that is stated in the loan agreement without taking compounding into account. The real interest rate for inflation adjustments and the effective interest rate for compounding adjustments are different from the nominal interest rate.
The supply and demand of money, federal government activity, the central bank's monetary policy, among many other things, can all have an impact on nominal interest rates.
The short-term nominal interest rate is a tool used by central banks to conduct monetary policy. In order to boost economic activity during a recession, the nominal rate is decreased. The nominal rate is increased during inflationary times.
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copper corporation sold machinery for $47,000 on december 31, 2018. the machinery had been purchased on january 2, 2015, for $60,000 and had an adjusted basis of $41,000 at the date of the sale. for 2018, for purposes of section 1245, what should copper corporation report?
The deal generates a profit of $6,000 as a result. The amount of money you make each year is your ordinary income.
Your regular pay as well as any bonuses, commissions, overtime, or tips collected are all included in your income. Gross annual income and net annual income are two different terms that may be used to describe it.
The total amount of money made throughout a fiscal year is referred to as annual income. Net annual income is the amount left over after all deductions have been made, while gross annual income refers to all profits before any deductions are made. Both individuals and corporations can use this idea while completing their yearly tax returns
A $6,000 ordinary income on average
2019 copper should report a typical year.
earning $ 6000
The machinery cost $ on the initial purchase.
The adjusted basis, which is $, equals the book value.
41.000.00
marketed for $47,000.00
Gain or loss: book value minus selling price.
= $ 47,000- $41,000
= $ 6000
The deal generates a profit of $6,000 as a result.
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which of the following are examples of systematic risk? multiple select question. future rates of inflation labour strikes regulatory changes in tax rates an increase in competition in the industry
Examples of systematic risk are
-future rates of inflation-regulatory changes in tax ratesOptions A and C
What is systematic risk?Generally, In the fields of finance and economics, the concept of systematic risk refers to the sensitivity of an organization to occurrences that have an effect on aggregate outcomes, such as total economy-wide resource holdings or aggregate revenue.
A market or market sector is said to have a systemic risk if it carries a risk that is intrinsic to the market as a whole.'
Systematic risk, which may also be referred to as "undiversifiable risk," "volatility," or "market risk," is a danger that impacts the whole market and not simply a single stock or industry.
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jim agrees to sell his rolex watch to joe for $3,500. jim and joe each sign a written contract outlining the terms of the sale. jim has second thoughts since it was a gift from his ex-wife tammy. jim calls joe and tells him that he does not wish to sell the watch. joe agrees to discharge the contract. three months later, joe finds out that jim's watch is actually worth $75,000. joe demands to buy the watch for the $3,500 contract price. is jim liable to sell the watch to joe?
The answer would be No. The contract was discharged by mutual agreement. So now Joe cannot demand to buy the watch for $3500 contract price.
A discharge is a measure of the quantity of any fluid glide over a unit of time. The quantity may be either quantity or mass. Hence the water discharge of a tap (tap) can be measured with a measuring jug and a stopwatch. Right here the discharge is probably 1 litre in line with 15 seconds, equivalent to sixty-seven ml/second or four liters/minute. This is an average degree. For measuring the discharge of a river we need an extraordinary technique and the most not unusual is the 'place-velocity' method. The region is the move sectional location throughout a river and the common speed across that phase needs to be measured for a unit time, generally a minute. Dimension of go sectional place and common velocity, even though simple in idea, are frequently non-trivial to decide.
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which of the following statements is true about foreign bonds? a. the interest rate on foreign bonds is adjusted annually for exchange rate fluctuations. b. the term eurodebt specifically applies to any foreign bonds denominated in u.s. dollars. c. the interest rate on foreign bonds is adjusted annually for inflation. d. foreign bonds are bonds sold in a foreign country and are denominated in the currency of the country in which the issue is sold. e. foreign bonds are bonds sold by a foreign borrower but convertible to bonds issued in the foreign country.
The interest rate on foreign bonds are adjusted annually for inflation.
Foreign bonds are sold in a foreign country and denominated in the currency of the country in which it is sold.
Foreign bonds are sold by a foreign borrower but convertible to bonds issued in the foreign country.
What is a foreign bond in finance?
Foreign bond denominated in the local currency of the country where the bond is issued, issued by a foreign borrower, and registered for sale to investors in the country where it is issued.
What is a foreign bond example?
Examples of foreign bonds are:
Yankee bonds traded in the United States.Bulldog bonds traded in the United Kingdom.Samurai bonds traded in Japan.Matador bonds traded in Spain.Learn more about foreign bond here:- https://brainly.com/question/26271508
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if a chicago-based company ships goods on september 30 to a customer in hawaii with sales terms fod destination, does the chicago-based company include the inventory or the sale in its september financial statements?
Once the goods are sold to the FOB destination, the cost is removed from the inventory account and expensed only when the goods arrive at the destination. The item was shipped on September 30th and will not arrive at its destination until October. Therefore, the company must have in stock the cost of the goods he sold on September 30th.
Inventory accounting is the branch of accounting that deals with evaluating and accounting for changes in inventories. A company's inventory usually includes goods in his three stages of production: raw materials, work-in-process and salable finished goods.
As an accounting term, inventory is a current asset and refers to all inventory in various stages of production. Warehousing allows both retailers and manufacturers to continue selling or manufacturing items.
Inventory is an asset and is carried on the University's balance sheet. Inventory is physical property, merchandise, or other items for sale held for resale at a later date.
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barton industries expects that its target capital structure for raising funds in the future for its capital budget will consist of 40% debt, 5% preferred stock, and 55% common equity. note that the firm's marginal tax rate is 25%. assume that the firm's cost of debt, rd, is 9.6%, the firm's cost of preferred stock, rp, is 8.8% and the firm's cost of equity is 12.2% for old equity, rs, and 12.8% for new equity, re. what is the firm's weighted average cost of capital (wacc1) if it uses retained earnings as its source of common equity? do not round intermediate calculations. round your answer to two decimal places.
WACC = Weight of debt × Pretax cost of debt× (1 - Tax) + Weight of preferred equity×Cost of preferred equity + Weight of ca) For WACC with retained earnings,
WACC = [40% × 9.6%× (1 - 25%)] + [5% × 8.8%] + [55% × 12.2%]
WACC = 0.0288 + 0.0044 + 0.0671
WACC = 0.1003
WACC = 10.03%
b) For WACC with new stock issuance
WACC = [40% * 9.6% × (1 - 25%)] + [5% × 8.8%] + [55%×12.8%]
WACC = 0.028WAC8 + 0.0044 + 0.0704
WACC = 0.10360
WACC = 10.36%
The weighted average value of capital (WACC) is the price that an agency is anticipated to pay on common to all its safety holders to finance its property. The WACC is generally called the firm's price of capital. Importantly, it is dictated through the outside market and no longer by control. The WACC represents the minimum return that a corporation needs to earn on an existing asset base to satisfy its lenders, owners, and other companies of capital, or they may make investments someplace else.
agencies raise money from a number of assets: common stock, favored inventory and associated rights, immediate debt, convertible debt, exchangeable debt, worker stock options, pension liabilities, govt inventory alternatives, governmental subsidies, and so forth. exclusive securities, which constitute extraordinary assets of finance, are predicted to generate different returns. The WACC is calculated by contemplating the relative weights of each thing of the capital structure. The extra complicated the company's capital structure, the more onerous it is to calculate the WACC.
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kyoto joe, incorporated, sells earnings forecasts for japanese securities. its credit terms are 1/10, net 30. based on experience, 55 percent of all customers will take the discount. a. what is the average collection period for the company? (use 365 days a year. do not round intermediate calculations and round your answer to 2 deceimal places, e.g., 32.16.) b. if the company sells 1,500 forecasts every month at a price of $1,280 each, what is its average balance sheet amount in accounts receivable? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Average collection period = 0.55 (10 days) + 0.35(30 days)
Average collection period = 16 days
And the average daily balance is:
Average balance = 1,500 ($1,280)(12)(16/365)
Average balance = $1,009,972.60
What is Average collection period?
The average collection period is the amount of time it takes for a company to obtain accounts receivable payments due from its clients (AR). To make sure they have enough cash on hand to cover their financial responsibilities, businesses employ the average collection period. For businesses that largely rely on receivables for their cash flows, the average collection period is an important metric since it shows how well a company manages its accounts receivable. To make sure they have enough cash on hand to cover their financial obligations, businesses determine the average collection period.
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you have decided to pursue a research strategy that focuses on how large a potential market analog audio presents for structural sound. to begin your research, you need to start looking for sources. which general kind of source should you use to begin your research?
The general kind of source should you use to begin your research strategy is a website for a very small company that produces analog sound equipment.
A step-by-step plan of action that directs the researcher's cognitive process is referred to as a research strategy. It makes it possible for a researcher to carry out their research methodically, systematically, efficiently and on time. The primary goal of this section is to introduce the key elements of the study, including the research topic, areas of interest, primary focus, research design, research source and finally the research methods.
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how would you justify the use of protective and protective tariffs in today's global markets? give some recent examples.
Protective tariffs are beneficial if they are imposed to safeguard a market. There will be market failure if there is a greater supply of imported items on the market.
The industries of the nations producing goods could fail, which would finally end the manufacturing of goods. For instance, protective tariffs are put on imported Japanese wheelbarrows to compel a price hike if a wheelbarrow built in Japan costs $50 in the US and a wheelbarrow created locally is likewise priced at the same level. Protective tariffs market aim to make imported goods more expensive while protecting domestic producers from overseas rivalry.
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elwood wishes to purchase a home. she has saved up $13,200 for a down payment. based on her earnings, she qualifies for a thirty-year mortgage with level monthly payments of $870 including escrow and a nominal interest rate convertible monthly of 5.81%. her payments are due at the end of each month. from each payment, $280 will be put aside in an escrow account for the payment of taxes and homeowners insurance. what is the most expensive house elwood can buy if her aunt has promised to give her the money needed for loan applications, inspections, and all other required buyer's closing costs? (round your answer to the nearest cent.)
The most expensive house house Elwood can buy other required buyer's closing costs is $111,514.93
This is an annuity problem . just a matter of setting it up properly:
The down payment will be $13,200, and the total cost of the house will be $820 - $240 = $580 in present value monthly "net" payments. The annuity formula is as follows:
$13200 + $580[ 1 - (1+.0585/12)^ - (30x12) ] /(.0585/12) = $111,514.93
The amount for mortage is 820 - 240 = 580.
Using 3 year mortage the PV = PV( 0.0585/12, 30 x 12, 580 ) = 98314.93
Hence the costliest house is 98314.93 + 13200 = $111,514.93
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question content area equivalent production units are generally determined for a.conversion costs only b.direct materials and direct labor costs c.direct materials only d.direct materials and conversion costs
Conversion costs are the expenses incurred during the transformation of raw resources into finished items. Thus, calculating conversion costs necessitates taking into account both direct labour costs and manufacturing overhead costs. The answer is Conversion cost.
Additionally, expenses for utilities such as power and water that are required for production services fall under this category.Direct labour, also known as salary, refers to pay or benefits paid to workers as a result of the completion of a product. Factory overhead, on the other hand, refers to all expenditures associated with the manufacture of goods but which are not traceable, such as rent or electricity service.is understood to be the production costs necessary to transform raw resources into finished products. In order to calculate the value of ending inventory, which is then reported in the financial statements, this concept is employed in cost accounting. It can also be used to calculate the incremental cost of producing a good, which may be important for pricing decisions.Because personnel and manufacturing overhead are involved in conversion processes, the following formula is used to determine conversion costs.
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if the monopolist can engage in perfect price discrimination, what is the average revenue when 7 ties are sold
When a monopolist engages in ideal price discrimination, the marginal revenue curve lies beneath the demand curve. the demand curve and the marginal income curve are identical.
What is a flawlessly discriminating monopolist?A discriminating monopoly is a monopoly firm that fees one of a kind costs to one of a kind segments of its customer base. An on-line retailer might also charge greater expenses to customers in wealthy ZIP codes and decrease expenditures to these in poorer regions.
Is a perfectly rate discriminating monopolist efficient?The flawlessly charge discriminating monopolist will be allocatively efficient due to the fact the ultimate unit bought will have a fee equal to marginal cost.
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https://brainly.com/question/5832236#SPJ4if the bidders at an oral auction have true values of $78, $72, $66, and $65, the item will sell for:
If the bidders at an oral auction have true values of $78, $72, $66, and $65, the item will sell for just under $78.
In the field of sociology, an oral auction can be described as a type of auction in which bidding for a project or thing is done orally. The bidding continues until the highest value is received and just that highest value remains.
Instead of normal bidding, a person has to pay money lesser than the highest value that was given in the bid. In the scenario above, as the highest value given was $ 78, so the person will have to pay a value lesser than $78.
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how would you calculate the transfer tax if it's $0.35 per $1,000 of the sales price, which was $400,000?
The way of calculation of transfer tax is (400,000 ÷ 1,000) x .35.
What is transfer tax?When property is transferred from one person or entity to another, a fee called a "transfer tax" is assessed. A state, county, or municipality may impose a transfer tax. The majority of the time, it is not deductible from federal or state income taxes, though it might be included in the cost basis when determining the profit from the sale of securities and investment property. Some states classify transfer tax as an excise tax. State, county, or municipal authorities may charge a transfer tax on real estate in exchange for the right to transfer real estate within their borders. A legal deed, certificate, or title that is transferred from a seller to a buyer is effectively taxed by the government.
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companies that advocate unity of command would be least likely to adopt which organizational structure?
Companies that advocate the unity of command would be least likely to adopt a matrix organizational structure.
A professional in the legal industry is known as an advocate. The term has somewhat varying meanings in the legal systems of various nations. An advocate is someone who adds their voice by speaking on behalf of another person in court or by supporting or advancing a certain course of action. Advocacy definitions. a supporter of a cause, person, or idea. alternative words: supporter, exponent, proponent. Teams that have a matrix organizational structure report to various managers. Team members (remote or internal) in a matrix organization report to a project manager in addition to their department head. An organizational structure with multiple lines of reporting managers is called a matrix organization.
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sean represented jamie as a buyer's agent. jamie purchased a property that allowed cooperating agents to receive compensation of 2.5% of the sales price upon closing of the transaction. sean hasn't been paid and the transaction closed six months ago. what can sean do?
Sean can bring action against the broker who did not pay his commission and can bring legal action. Commissions are a type of variable-pay compensation for provided services or sold goods.
Commissions are a typical method of encouraging and rewarding salespeople. It is also possible to create commissions to promote particular sales behaviours. For instance, while offering significant reductions, commissions might be decreased. When an employee completes a task, typically selling a certain volume of goods or services, they are compensated financially.
At the administrative level, legal action kinds can be described and organised. These types of legal actions form the basis for the legal actions developed for the cases. For each type of legal action, generic data is set up. The legal actions that are established for participants in specific cases inherit this information after that.
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