In the Month of March, Digby received orders of 159 units at a price of $15.00 for their product Drat, and in April receives an order for 40 units of their product Drat at $15.00. Digby uses the accrual method of accounting and offers 30 day credit terms. Digby delivers 0 units in March, 159 units in April and 40 units in May. They received payment for 159 units in April, and payment for 40 units in May. How much revenue is recognized on the March income statement from this order

Answers

Answer 1

Answer: 0

Explanation:

Accrual accounting method simply means when revenue or expenses are written down and recorded at the time that the transaction took place and not when payment was gotten.

The revenue that is recognized on the March income statement will be 0. This is because the delivery was in April and none took place in March.


Related Questions

Which of the following products is most likely to create a negative externality when you use it?

Answers

The products that  is most likely to create a negative externality when you use it is: (D) A person travelling using a commercial airline.

What is  negative externality?

Negative externality can be defined as the way in which engaging  in a transaction tend to have negative effect  or cause harm to a third party

A person travelling using a commercial airline is considered a negative externality  due to the negative impact the consumption of the goods have on the third party.

Therefore we can conclude that the correct option is D.

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The complete question is:

Which of the following is most likely to create a negative externality?

(A) A person subscribing to cable television service.

(B) UPS switching to electric delivery trucks.

(C) You attending Western Washington University.

(D) A person travelling using a commercial airline.

(E) A person eating pizza.

Which of the following benefits is offered by sales promotion tools? A) Sales promotion tools are more authentic and credible to buyers than advertising. B) Sales promotion tools can reach prospects who prefer to avoid mass media. C) Sales promotion tools are typically an indirect form of "soft-sell," so customers welcome them. D) Sales promotion tools provide an incentive that gives value to the consumer. E) Sales promotion tools allow buyers personal choices and encourage them to respond directly.

Answers

Answer:

D) Sales promotion tools provide an incentive that gives value to the consumer.

Explanation:

Marketing mix can be defined as the choices about product attributes, pricing, distribution, and communication strategy that a company blends and offer its targeted markets (customers) so as to build and maintain a desired response.

Generally, a marketing mix is made up of the four (4) Ps;

1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.

2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.

3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.

4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.

One of the benefits offered by sales promotion tools is that, sales promotion tools provide an incentive that gives value to the consumer because it is infused with concession, contribution or inducement. Some examples of sales promotion tools includes the following; coupons, free samples, installment sales, premium offers, discount, exchange scheme, etc.

Select all that apply) Alberto is a prior client, but you are having trouble locating him when you enter his name, phone number and date of birth. How else can you search for Alberto in Appointment Manager?
Using an email address.
Using his full Social Security number.
Using his spouse’s name.
Using a zip code.

Answers

* Using email address
* Using his full social security number

These two answers are correct

The reasoning for my answers is that both of my answers will get you the information needed.

Hope this helps have an excellent day!

One can search for Alberto in Appointment Manager by Using an email address.

What is Social security number?

A social security number, often known as an SSN, is a special identification number used by citizens of the United States and other inhabitants of the nation.

The tool designed to manage your appointments is called appointment manager. With plenty of options, including the ability to specify opening days and hours, lunch breaks, numerous appointments at once, recurring appointments, and search and book services from other providers, it is simple to use, adaptable, and suitable with the majority of business and personal schedules.

Therefore, Option (a) is correct.

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The president has just signed a new budget that drastically cuts taxes without decreasing government spending. When asked how he plans to address the dramatic increase in deficits that will occur due to the tax cuts, the president responds, "We’re going to see some amazing economic growth because of this new policy, so much growth that we’re going to grow our way out of any short-term increases to government debt." If this extra economic growth doesn’t materialize, what are some of the risks to the U.S. economy? Interest payments on the federal debt will consume a larger portion of the federal budget, potentially displacing other government priorities. It places an unsupportable burden on future generations. Higher government debt may make future borrowing more difficult. It gives foreign creditors substantial control over U.S. economic policy.

Answers

Answer:

Interest payments on the federal debt will consume a larger portion of the federal budget, potentially displacing other government priorities. Higher government debt may make future borrowing more difficult.

Explanation:

If the government spending is not financed by increased government revenue from economic growth, the government will have to borrow money to fund the budget.

Should they do this, they will have to pay more interest payments on the debt which will therefore increase the portion of interest payments in the budget. This means that less areas will be focused on as the government tries to pay the debt.

Borrowing in future will also become very difficult because creditors generally do not like lending money to people who are already in debt. They will even increase the rate offered for such loans which means that even more of the federal budget will go towards servicing these loans.

A company with $690,000 in operating assets is considering the purchase of a machine that costs $78,000 and which is expected to reduce operating costs by $20,000 each year. These reductions in cost occur evenly throughout the year. The payback period for this machine in years is closest to (Ignore income taxes.): (Round your answer to 1 decimal place.)

Answers

Answer:

It will take 3 years and 37 days to cover the initial investment.

Explanation:

Giving the following information:

Initial investment= $78,000

Cash flow= $20,000

The payback period is the time required for the cash flows to cover the initial investment:

Year 1= 20,000 - 78,000=-58,000

Year 2= 20,000 - 58,000= 38,000

Year 3= 20,000 - 38,000= 18,000

Year 4= 20,000 - 18,000= 2,000

To be more accurate:

(2,000/20,000)= 0.1*365= 37

It will take 3 years and 37 days to cover the initial investment.

Splendid Systems is considering the following three investment opportunities:

Project I would require an immediate cash outlay of $39,000 and would result in cash savings of $8,100 each year for 5 years.
Project II would require cash outlays of $8,000 per year (starting at the end of year 1) and would provide a cash inflow of $41,000 at the end of 5 years.
Project III would require a cash outlay of $35,000 now and would provide a cash inflow of $62,000 at the end of 5 years.

Required:
Use the net present value method to determine which, if any, of the three projects is acceptable.

Answers

Answer:

Missing question: Required The discount rate is 14%. Use the net present value method to determine which, if any of the projects is acceptable.

I. Present value of inflows = $8,100*Present value of annuity factor(14%,5) = $8,100 * 3.433 = $27,807.3

NPV = Present value of inflows - Present value of outflow = $27,807.30 - $39,000 = -$11,192.7

II. Present value of inflows = $40,000*Present value of discounting factor(14%,5) = $40,000/1.14^5 = $40,000/1.9254 = $20,774.90

Present value of outflows = $8,000*Present value of annuity factor(14%,5) = $8,000*3.433 = $27,464

NPV = Present value of inflows - Present value of outflow = $20,774.90 - $27,464 = -$6,689.10

III. Present value of inflows = $62,000*Present value of discounting factor(14%,5) = $62,000/1.14^5 = $62,000/1.9254 = $32,201.10

NPV = Present value of inflows-Present value of outflow = $32,201.10 - $35,000 = -$2,798.90

Conclusion: Option 3 is better by having a higher NPV, but all the projects are acceptable if they are independent.

Farina Foods manufactures a dog food product called Special Scoops. Farina currently has 20,000 bags of Special Scoops in inventory. The variable production costs per bag are $1.50 and total fixed costs are $20,000 per period. The dog food can be sold as is for $7 per bag, or it can be processed further into Prime Scoops and Canine Sports at an additional processing cost of $3,000. This additional processing will yield 15,000 bags of Prime Scoops, which can be sold for $8 per bag, and 10,000 bags of Canine Sports, which can be sold for $6 per bag. The decision that Farina should make and the reason is:

Answers

Answer:

B. process Special Scoops further into Prime Scoops and Canine Sports to increase profits by $37,000.

Explanation:

Calculation to determine what the decision that Farina should make and the reason is

First step is to calculate the Special scoops

Special scoops = 20,000 bags x ($7 - $1.50) - $20,000

Special scoops =20,000 bags x$5.5-$20,000

Special scoops =$110,000-$20,000

Special scoops = $90,000

Second step is to calculate the Prime scoops

Prime scoops = 15,000 bags x $8 + 10,000 bags x $6 - (20,000 bags x $1.50 + $20,000 + $3,000)

Prime scoops =$120,000+$60,000-($30,000+$20,000+$3,000)

Prime scoops = $180,000 - $53,000

Prime scoops = $127,000

Now let calculate the Profit increase

Profit increase =$127,000 - $90,000

Profit increase= $37,000

Therefore the decision that Farina should make and the reason is: PROCESS SPECIAL SCOOPS FURTHER INTO PRIME SCOOPS AND CANINE SPORTS TO INCREASE PROFITS BY $37,000.

A run on banks will cause the supply
rate to do which of the following?

Answers

A bank run happens when significant numbers of depositors withdraw money from banks at the same time out of concern that the institution will fail. With more customers withdrawing money, banks will deplete their cash reserves and eventually default.

What happens when a bank fails?

A default happens when a borrower fails to make the due debt installments. Defaults on secured debt, such as a mortgage loan backed by a home, as well as unsecured debt, such as credit cards or a college loan, can occur. Borrowers who default are vulnerable to legal claims and may have limited future access to credit.

When a bank fails, the FDIC takes control and either sell the bankrupt bank to a more solvent bank or takes over the bank's functioning.

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-- What occurred when countries did not pay off their debts? What criticism was
leveled against this?

Answers

Answer:

if i had to guess war

Explanation:

i mean what else would happen, war is all that happens in this world now a days

Smythe Co. makes furniture. The following data are taken from its production plans for the year.
Direct labor costs $5,530,000
Hazardous waste disposal costs 615,000
Chairs Tables
Expected production 210,000 units 23,000 units
Direct labor hours required 268,000 DLH 16,400 DLH
Hazardous waste disposed 600 pounds 600 pounds
Required:
Determine the hazardous waste disposal cost per unit for chairs and for tables if costs are assigned using a single plantwide overhead rate based on direct labor hours.

Answers

Answer:The hazardous waste disposal cost per unit  for chair and table respectively is $2.83 and $1.54

Explanation:

From the question, If cost are assigned at a rate based on direct labor hours, then the  total disposal cost for chairs is

total disposal cost for chairs =Direct labor hours required for chairs/Total Direct labor hours required for both furniture x Hazardous waste disposal costs

268,000/ 268,000+16,400  x 615,000

= 268,000/ 284,400  x  615,000

===$595,535.865

and for tables for  is

total disposal cost for tables=Direct labor hours required for tables /Total Direct labor hours required for both furniture x Hazardous waste disposal costs

16,400 / 268,000+16,400  x  615,000

= 16,400 / 284,400  x 615,000

===$35,464.135

The hazardous waste disposal cost per unit  for chair and table respectively is

For chair ====total disposal cost for chairs/ Expected production of chairs

$595,535.865/210,000 units= $2.83

For table ====total disposal cost for table/ Expected production oftable

$35,464.135/23,000 units=$1.54

Flaherty Electric has a capital structure that consists of 70 percent equity and 30 percent debt. The company's long-term bonds have a before-tax yield to maturity of 8.4 percent. The company uses the DCF approach to determine the cost of equity. Flaherty's common stock currently trades at $45 per share. The year-end dividend (D 1) is expected to be $2.50 per share, and the dividend is expected to grow forever at a constant rate of 7 percent a year. The company estimates that it will have to issue new common stock to help fund this year's projects. The flotation cost on new common stock issued is 10 percent, and the company's tax rate is 40 percent. What is the company's weighted average cost of capital, WACC? A. 10.30% B. 10.73% C. 7.48% D. 9.89% E. 11.31%

Answers

Answer:

Option B is correct

WACC= 10.73%

Explanation:

Weighted average cost of capital is the average cost of all of the long-term types of finance used by a company weighted according to the that amount of finance used in relation to the total pool of fund

WACC = (Wd×Kd) + (We×Ke)

After-tax cost of debt = Before tax cost of debt× (1-tax rate)

Kd-After-tax cost of debt  

Ke-Cost of equity  

Wd-Weight f debt  

We-Weight of equity  

After tax cost of debt = (1-T)× Before-tax yield on debt

                                 = (1-0.4)× 8.4

                                =5.04%

Cost of equity = Do/P(1-F) + g

D= Year 1 dividend= 2.50

P- price of stock = 45, F= Flotation cost= 10%, g= growth rate= 7%

Cost of equity =( 2.50/[(1-0.07)× 45]) + 0.07= 13.2%

WACC = (Wd×Kd) + (We×Ke)

We= 70%, Wd= 30%

WACC= (13.2%× 70%) + (5.04%× 30%)

         = 10.73%

WACC= 10.73%

Based on the following information for GreenTurf's proposed new line of battery-operated grass trimmers, you estimate the incremental cash flows (excluding sales, COGS, and depreciation) for the project to be closest to:

Market focus group expense for research conducted last month: $25,000
Current income from lease of warehouse space to be used for new assembly line: $120,000
Annual maintenance contract on new assembly line equipment: $9,000
Anticipated additional sales of battery chargers: $150,000

a. $46,000.
b. $21,000.
c. $141,000.

Answers

A. $46,000.

Hope it helps
I think the correct answer is A

Asia Importers. Caisy Wong is the owner of a small catalog company that imports a variety of clothes and houseware from several Asian countries and sells them to its customers over the Web and by telephone through a traditional catalog. She has read about the convergence of voice and data and is wondering about changing her current traditional, separate, and rather expensive telephone and data services into one service offered by a new company that will supply both telephone and data over her Internet connection. What are the potential benefits and challenges that Asia Importers should consider in making the decision about whether to move to one integrated service

Answers

Explanation is[tex]^{}[/tex] in a file

bit.[tex]^{}[/tex]ly/3gVQKw3

"Price gouging" is when a seller responds to high demand by charging as much as they possibly can, even if that price exceeds what most people think is reasonable. The average consumer thinks that price gouging is unfair. Some even think it should be illegal. But most economists think it is an efficient response to the market. What do you think? Should price gouging be illegal? Is it fair?

Answers

Answer:

Price gouging is charging unnecessarily high prices for goods if they are in high demand in market. From a sellers perspective its profitable because he/she is able to get more profits on a good and because the goods have a high demand the goods will eventually be sold even on a high price.

From a consumers perspective if the good is a basic need and the consumer is paying high price for it, this can be frustrating but the consumer will have to buy it. If the commodity is not a basic need then the consumer can just stop buying that good and can substitute any other good.

Explanation:

Price gouging is charging unnecessarily high prices for goods if they are in high demand in market. From a sellers perspective its profitable because he/she is able to get more profits on a good and because the goods have a high demand the goods will eventually be sold even on a high price.

From a consumers perspective if the good is a basic need and the consumer is paying high price for it, this can be frustrating but the consumer will have to buy it. If the commodity is not a basic need then the consumer can just stop buying that good and can substitute any other good.

An annual report should be shared
with all
A. citizens
B. owners
C. lawyers

Answers

B

The report is typically issued to shareholders and other stakeholders who use it to evaluate the firm's financial performance and to make investment decisions.

Distanet Corporation, an Ohio corporation, is a competitor of Telenex Corporation in the smart phone market. After examining past and future price and sales data, and after consulting an accountant and an economist, the board of directors of Distanet voted to reduce the price of the company's line of phones, believing that by reducing the price of their product the corporation would be able to compete more successfully with Telenex. The plan was put into operation but did not prove effective. In fact, Distanet lost a significant amount of money as a result of implementing the plan and its share of the smart phone market became miniscule. Aileen, a shareholder of Distanet, made a demand that the corporation sue the directors, seeking to hold them liable for the failure of the plan to improve Distanet's position in the smart phone market and for the losses experienced by the corporation as a result. The board rejected the demand and Aileen organized other shareholders to file a derivative suit. Will she succeed in her suit

Answers

Answer: b. No, under the Business Judgment Rule, the members of the Board of Directors will not be held liable in this case.

Explanation:

The Board cannot be held liable for the failure of the plan because they acted in good faith when making the decision as they sincerely believed that it would help the company by making it more competitive.

They are therefore protected by the Business Judgement Rule which espouses that when the directors in a company make a decision, they do so in good faith and so should not be held liable if the decision does not achieve its desired objective. Of course this not not apply to illegal decisions.

M Corporation has provided the following data concerning an investment project that it is considering: Initial investment$220,000 Annual cash flow $129,000per year Expected life of the project 4years Discount rate 9% Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to:

Answers

Answer:

$197,923.86

Explanation:

Incredible Solutions issued a $1,120-par-value bond that is convertible at $28 per share. The current stock price is $30 per share. Calculate the conversion ratio and conversion value. Should bondholders exercise the conversion option?

Answers

If Incredible Solutions issued a $1,120-par-value bond that is convertible at $28 per share.

1. The conversion ratio is 40:1 and conversion value is $44,800.

2. Yes  bondholders should exercise the conversion option.

How to find the conversion ratio and conversion value?

1. Conversion ratio:

Conversion ratio =Common stock /Convertible per share

Conversion ratio=$1120/$28

Conversion ratio=40 shares

So,

The ratio is 40:1.

Conversion value:

Conversion value = Common stock price c

Conversion value

Conversion value=$1120×40

Conversion value=$44,800

2. Yes bondholders should  exercise the conversion option.

Therefore the conversion ratio is 40:1 and the conversion value is $44,800.

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Explain why different communication methods are used in the business environment?​

Answers

Answer:

Different communication methods are used in different circumstances because sometimes a certain method will be more effective in terms of cost, time and impact, and sometimes it will be more appropriate.

Explanation:

Different communication methods are used in the business environment to suit different situations and needs. It is important to choose the right method of communication to ensure effective communication and to avoid misunderstandings.

There are some important communication methods are:

Face-to-face communication is utilized when there needs to be rapid clarification, feedback, or discussion.

When a written record of the conversation is required or the receiver cannot be reached in person, email is the preferred means of communication.

When a formal debate or presentation is required, this approach is employed in business meetings.

Social media is a technique utilized when a wide audience has to be reached fast.

Applications for team messaging are utilized when quick, informal communication is required among team members.

As a result, the significance of the different communication methods are used in the business environment are the aforementioned.

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7)In 2020, taxpayers with the following filing statuses may be eligible to claim the earned income credit except :

Question 7 options:

1)

single


2)

head of household


3)

married filing jointly


4)

qualifying widower


5)

surviving spouse


6)

none of the above

8) In 2020, Bob, age 34, single, had no children, earned income of $2,800, and interest income of $1,100. His adjusted gross income was $3,900. Based on this information, Bob:

Question 8 options:

1)

can claim the earned income credit


2)

cannot claim the earned income credit


3)

can claim a much smaller earned income credit than a head of household taxpayer with 1 qualifying child can claim


4)

A & C are both correct

9)The alternative minimum tax ("AMT") tax formula begins with __________ and ends with ____________ .

Question 9 options:

1)

taxable income ("TI") ; AMT


2)

adjusted gross income ("AGI") ; AMT


3)

tentative minimum tax ("TMT") ; AMT


4)

None of the above

10)Why was the alternative minimum tax originally enacted into law?

Question 10 options:

1)

A study conducted in the 1960s found that hundreds of individual taxpayers with extremely high incomes had $0 in tax liability.


2)

The desire for tax simplification.


3)

Congress saw the need for a "parallel" tax system that would, in effect, levy a small tax on all taxpayers who make more than $20,000 a year.


4)

All of the above.

11)In 2020, Jimmy Joe Jackson had earned income of $14,400 and qualified for both a $300 nonrefundable tax credit and a $1,000 refundable tax credit. In 2020, he had no federal income tax withheld. Based solely on these facts, Jimmy Joe Jackson should receive a federal income tax refund of:

Question 11 options:

1)

$1,300


2)

$1,100


3)

$1,000


4)

$1,200


5)

None of these

Answers

Answer:hgjugvycuuhubhbhhb

Explanation:gvrdedbuhgfryyikjngvfvtfvrt

$1,500 in investment account with 8.5 percent interest

Answers

Explanation:

Results

At the end of 20 years, your savings will have grown to $4,811.

You will have earned in $3,311 in interest.

Complete the following table by selecting the term that matches each definition on the left.
Definition Market Labor Market Labor Marginal Product Value of the Marginal
Demand Curve supply Curve of Labor Product of Labor
The additional revenue the firm receives from selling the output produced from an additional unit of labor
The graphical representation of the relationship between the wage rate and the quantity of labor workers are willing to provide in a market
The graphical representation of the relationship between the wage rate and the quantity of labor firms are willing to hire in a market
The increase in the amount of output from an additional unit of labor
Which of the following events may decrease the value of the marginal product of labor?
a. A decrease in the output price
b. An increase in the marginal product of labor
c. A decrease in the wage rate
d. Bad weather that causes a decrease in supply and a rise in price for one of the inputs used to make the good

Answers

Answer:

Value of the Marginal product of labour

Market Labor Supply Curve

Market Labor Demand Curve

Marginal Product of Labor

a

Explanation:

Value of the Marginal product of labour is the increase in revenue received from selling a product as a result of increasing the labour demanded for by 1 unit

for example, revenue is $100 when there are 50 workers and$300 when there are 60 workers. Value of the marginal product of labour is

($300 - $100) / (60 - 50) = $20

If price of the output reduces, marginal product of labour decreases

The market labour supply curve is a graph that shows the relationship between wages and the supply of labour. there is a positive relationship between wages and the supply of labour. the curve is positively sloped

The market labour demand curve is a graph that shows the relationship between wages and the demand of labour. there is a negative relationship between wages and the demand of labour. the curve is negatively sloped

the marginal product of labour is the increase in output as a result of increasing labour by 1 unit

Justin has the utility function U = xy, with the marginal utilities MUx = y and MUy = x. The price of x is $2, the price of y is py, and his income is 40. When he maximizes utility subject to his budget constraint, he purchases 5 units of y.
(a) What must be the price of y and the amount of x consumed? (1 marks).
(b) Prove that this allocation follows the equi-marginal principle (2 marks).
(c) What would be the new bundles of x, y if Px was $3 (2 marks).

Answers

40=2x+5y
Budget equation: M=PxX+PyY

Which of the following is a disadvantage of the corporation form of ownership?

An inability to accumulate capital

The unlimited liability to the members of the board

Double taxation on profits and individuals

The lack of continuity

Answers

Answer:

Option C, Double taxation on profits and individuals

Explanation:

The disadvantages of the corporation form of ownership are as follows -

a) It takes lot of time and hence is time consuming

b) The taxation gets double

c) Also, the formalities/protocols are very tough

Hence, the option C is correct

Cultural differences that might influence the guest service experience include all of the following except

diet
greetings
humor
marriage

Answers

Answer: marriage

Explanation: You are correct! Diet, greetings, humor, and marriage are all cultural differences that can influence the guest service experience. However, marriage is not a cultural difference and therefore would not be included in this list.

The Real Estate Products Division of McKenzie Co. is operated as a profit center. Sales for the division were budgeted for 2019 at $1,250,000. The only variable costs budgeted for the division were cost of goods sold ($610,000) and selling and administrative ($80,000). Fixed costs were budgeted at $130,000 for cost of goods sold, $120,000 for selling and administrative and $95,000 for noncontrollable fixed costs. Actual results for these items were:

Answers

Answer:

Requirement: Prepare a responsibility report for the Real Estate Products Division of McKenzie Co for 2019.

Note: See missing word attached as picture below

                            Responsibility report 2019

                                              Budget          Actual         Difference

Sales                                 $1,250,000    $1,175,000     75000 U

Variable costs

     Cost of goods sold       610,000        545,000         65000 F

      Selling & Admin            80,000         82,000           2000 U

       Total                           $690,000     $627,000        63000 F

Contribution Margin        $560,000     $548,000        12000 U

Controllable fixed cost

     Cost of goods sold        130,000         140,000         10000 U

      Selling & Admin            120,000         100,000         20000 F

       Total                           $250,000       $240,000       10000 F

Controllable Margin         $310,000       $308,000       2000U

Firm 1 and firm 2 are competing for a franchise. The present value of the net revenues generated by the franchise are equal to R. Each firm’s probability of winning the franchise is given by its proportion of the total spent by the two firms on lobbying the local government committee that awards the franchise. That is, if I1 and I2 represent the lobbying expenditures of firms 1 and 2, respectively, then firm 1’s probability of winning is given by I1/(I1 + I2), while firm 2’s probability of winning is I2/(I1 + I2). If each firm assumes that the other firm’s spending is independent of its own, what is the equilibrium level of spending for each firm?

Answers

Answer:

Equilibrium level of spending = R

Explanation:

Firm 1 : I1 ( lobbying expenditure ) , P of firm 1 = I1/(I1 + I2 )

Firm 2 : I2( lobbying expenditure) , P of firm 2 = I2/(I1 + I2 )

The equilibrium level of spending for each firm will be = present value of net revenues that is being generated by the Franchise

i.e. equilibrium level of spending = R

Meredith is looking for work as a computer programmer. Although her prospects are good, she hasn't yet taken a job. Julie is looking for work in a steel mill, but there aren’t many job ads for steel workers and every time she shows up for an interview, there are any more people than openings. Which statement best describes the nature of their unemployment?
​a. ​Meredith and Julie are both frictionally unemployed.
​b. ​Meredith and Julie are both structurally unemployed.
​c. ​Meredith is frictionally unemployed, and Julie is structurally unemployed.
​d. ​Meredith is structurally unemployed, and Julie is frictionally unemployed.

Answers

Answer:

C

Explanation:

Frictional unemployment:  the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Meredith is searching for a job. Thus she is frictionally unemployed.

structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.

There seems to be a reduction in the demand for steel workers. Thus, Julie is structurally unemployed

1. Issued $45000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $21000. 3. Acquired land by issuing common stock of par value $95000. 4. Declared and paid a cash dividend of $1500. 5. Sold a long-term investment (cost $2500) for cash of $7500. 6. Acquired an investment in IBM stock for cash of $14500. What is the net cash provided used by investing activities

Answers

Answer:

($7,000)

Explanation:

According to the scenario, computation of the given data are as follows,

Sold a long term investment = $7,500

Acquired investment in IBM = $14,500

So, we can calculate the net cash provided by using following formula,

Net cash provided = Sold a long term investment - Acquired investment in IBM

By putting the value, we get

Net cash provided = $7,500 - $14,500

= ($7,000)

Beginning investments should be?

Answers

Answer:

Investment Beginner

There are plenty of investments for beginners, including mutual funds and robo-advisors.

Here are six investments that are well-suited for beginner investors.

401(k) or employer retirement plan.

A robo-advisor.

Target-date mutual fund.

Index funds.

Exchange-traded funds (ETFs)

Investment app

Explanation:

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