A monopolist who is unable to make up a short-term loss in the long run typically exits the market.
Irving Fisher defines a monopoly as a market in which there is "no competition," leading to a situation in which one individual or company is the exclusive supplier of a certain commodity or service. This contrasts with oligopoly, duopoly, and monopsony, which relate to the dominance of a single firm over a market for the purchase of an item or service, respectively. Thus, the absence of viable substitute products, lack of economic rivalry for the production of the good or service, and the possibility of a high monopoly price that is much above the seller's marginal cost and creates a large monopoly profit are the characteristics of monopolies.
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suppose the exchange rate is 90 yen per u.s. dollar and the united states wants to keep the exchange rate at a target rate of 90 yen per u.s. dollar. if the demand for u.s. dollars , the fed ______.
Suppose the exchange rate is 90 yen per u.s. dollar and the united states wants to keep the exchange rate at a target rate of 90 yen per u.s. dollar. if the demand for u.s. dollars , the fed sells dollars to lower the exchange rate.
The currency market is offering fewer US dollars as the expected return from keeping US dollars rises. The currency will weaken if there are too many US dollars in circulation.
If the exchange rate is too low, the US dollar will become more expensive and difficult to come by. As the exchange rate increases, there is a decrease in demand for US dollars rates of interest in the US and abroad.
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the interest-rate effect is partially explained by the fact that a higher price level reduces money demand. a. true b. false
The following statement "The interest-rate effect is partially explained by the fact that a higher price level reduces money demand" is false.
The term "interest-rate effect" describes how a shift in the price level affects interest rates, which in turn affects investment expenditure and consumption. When borrowing rates rise in response to a rise in the price level, investment and consumer spending—especially on durable goods—decrease.
People are more inclined to borrow money to finance large purchases like homes or vehicles when the interest rate is lower. When customers pay less interest, they have more money to spend, which can lead to an increase in expenditure across the economy as a whole.
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g fetzer company declared a $0.55 per share cash dividend. the company has 280,000 shares authorized, 266,000 shares issued, and 11,200 shares in treasury stock. the journal entry to record the dividend declaration is:
Credit Common Dividends Payable ($104,500) and debit Retained Earnings ($104,500).
Dividends Payable: 190,000 x $0.55, = $104,500. Hence, Credit Common Dividends Payable ($104,500) and debit Retained Earnings ($104,500). A dividend is a payment made by a company to its shareholders in exchange for profits. When a company makes a profit or has extra cash, it has the option of giving shareholders a portion of that sum as a dividend. Any remaining funds are seized and reinvested in the company (called retained earnings). A corporation is typically not allowed to pay a dividend out of its capital; therefore, both the current year's profit and the retained earnings from prior years are eligible for distribution. If a firm has a dividend reinvestment plan, the amount can be paid via the issue of more shares or by share repurchase. Distribution to shareholders may also be made in cash (often a deposit into a bank account). Assets may be distributed in some circumstances.
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suppose that beta was financed by a combination of common stock and $1 million of debt. the interest rate on the debt was 10%, and the corporate tax rate in 2018 was 21%. how much profit was available for common stockholders after payment of interest and corporate taxes?
Profit for common stockholders after payment of interest and corporate taxes is $5,45,100
Gross profit = $790,000
Interest = Debt x Rate of interest
Interest = $1,000,000 x 10% = $1,00,000
Tax rate = 21% or 0.21
Profit to common stockholder = (Gross profit - Interest) x (1 - Tax rate)
Profit to common stockholder = ($790,000 - $1,00,000) x (1 - 0.21)
Profit to common stockholder = $6,90,000 x 0.79
Profit to common stockholder = $5,45,100
The profit that remains at the conclusion of an accounting period for a corporation after paying all expenses and dividends to preferred stockholders is known as "earnings available for common stockholders."
This metric, along with a company's earnings per share are important to common stockholders since they indicate their part of the profits. The value of your small business's common stock may rise if it produces significant earnings available to common stockholders.
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marginal cost: select one: a. is calculated as change in total cost divided by change in total output. b. is calculated as change in total output divided by change in total cost. c. increases then decreases, as output increases, to reflect marginal product. d. none of these is true.
Marginal cost a. is calculated as the change in total cost divided by the change in total output.
The increase in manufacturing expenses brought on by the development of extra product units is referred to as a "marginal cost." It is also known as the marginal cost of manufacturing. By estimating the marginal cost, businesses may assess how the volume produced influences the cost and ultimately profits.
Marginal cost is the extra expense spent while producing more units of goods or services, and it is most typically used in manufacturing. It is formed from both variable costs that must still be considered and fixed expenses for things that have already been created. It is calculated by dividing the cost change by the quantity change.
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hide or show questions question content areaif the dividend amount of preferred stock, $50 par value, is quoted as 8%, then the dividends per share would be $4. true false
questions question content area — hide or show The dividends per share would be $4 if the $50 par value preferred stock's dividend payment was quoted at 8%. is accurate.
Preferred stock is a share capital component that can have any combination of characteristics that common stock does not, including characteristics of both equity and debt instruments. It is often regarded as a hybrid instrument. Preferred stocks can take precedence over ordinary stock in the payment of dividends and upon liquidation, but they are junior to bonds in terms of claim compared to common stock. The articles of association or articles of incorporation of the issuing firm provide information about the preferred stock's terms .Because preferred dividends do not carry the same assurances as interest payments from bonds, and because preferred-stock holders' claims are not as well-protected as bondholders', their ratings are often lower than those of bonds.
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If a transaction has been improperly journalized and posted to the ledger, the incorrect journal entry should be corrected with this type of additional journal entry.
a. True
b. False
incorrect journal entry should be corrected with this type of additional journal entry called as correcting entry. This statement is true.
A journal entry may be sufficient to fix an accounting mistake. A "correcting entry" is a type of journal entry. Correcting entries change the retained profits of an accounting period, which is your profit less costs. The accrual accounting system, which employs double-entry bookkeeping, includes correcting entries.
This implies that the corrective entry will include a debit as well as a credit. Checking your trial balance and/or doing reconciliations, such as comparing your accounting records to your bank statement, will help you identify many accounting problems.
Accounting mistakes are inconsistencies in a company's financial records. They are mostly unintended (intentional errors can lead to criminal investigation).
Errors might be little inaccuracies that have no impact on the total results, or they can snowball into larger miscalculations that need more time and money to uncover and correct. Accounting errors may stymie your small business's growth, so it's critical to understand the most prevalent forms of accounting errors and how to remedy them.
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in total bk fast foods can produce 800 different kinds of sandwiches.they are able to do so by designing their sandwiches using a common platform which consist of a bun, patty (fish, chicken, beef or veggie), and lettuce, reducing the (internal) options from 800 to a far more manageble 60. once an order is received from a customer the rest of the sandwich is made-to-order, consisting of, cheese, bacon, onions, tomatoes, and pickles. this practice reduces both excess inventory and stockouts. what concept from supply chain management does this practice best represent? postponement, using a generic product with modularization pooling, storing all ingredients in a centralized location for supply to different retail locations both postponement and pooling customization with unique products designed to meet individual customer requirements.
The notion of supply chain management that includes postponement using a generic product with modularization is best represented by this practice. Hence answer is(A).
The postponement is used is in manufacturing processes, where it lowers inventory costs and raises corporate service standards as product variety expands.
The idea of postponement is to put off the change in form, identity, and location as long as you can until you have secured consumer commitments.
Postponement and modularization go hand in hand when a product family is developed so that each member is made up of unique, standardized units.
Modularization enables the production of many end products by combining several standardized sub-components.
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You have developed a new computer operating system and are considering whether you should enter the market and compete with microsoft. microsoft has the option of offering their operating system for a high price or a low price. once microsoft selects a price, you will decide whether you want to enter the market or not enter the market. if microsoft charges a high price and you enter, microsoft will earn $30 million and you will earn $10 million. if microsoft charges a high price and you do not enter, microsoft will earn $60 million and you will earn $0. if microsoft charges a low price and you enter, microsoft will earn $20 million and you will lose $5 million. if microsoft charges a low price and you do not enter, microsoft will earn $50 million and you will earn $0.Construct a payoff table and find the Nash equilibrium if you and Microsoft both make your decisions simultaneously.
Microsoft may earn $30 million or $60 million; however, if it charges a higher price, it may earn million. Should it be $20 or $50 million. To set a high price is the best line of action.
You will enter the market, and Microsoft will charge more for a simultaneous motion game. Game theory looks into how customers make the best decision for themselves in a cutthroat market.
Here is the payoff table:
Enter Don't enter
High 30, 10 60,0
Low 20,-5 50,0
Nash equilibrium is the best outcome for players in a competitive market where nobody has any reason to change their decisions. I could make $10 million or lose $5 million.
Million if I go into the market. If I didn't enter the market, I wouldn't earn any money. The best course of action for me is to enter the market since $5 million is better than nothing.
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an asset has had an arithmetic return of 11.1 percent and a geometric return of 9.1 percent over the last 70 years. what return would you estimate for this asset over the next 10 years? 24 years? 31 years? (do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
The estimated return on assets at 10 years would be 10.84%, at 24 years 10.43% and at 31 years 10.23%
To calculate 't' years
R(t) = t-1/n-1 * geometric return + n-t/n-1 * arithmetic return
where,
R = Return
t = number of years to estimate the return
n = number of observed years
geometric return = 9.1% or 0.091
arthimetic return = 11.1 % 0r 0.111
Here, n shall be held constant as 70 years,
Thus,
R(10)= [(10-1) / (70-1) * 0.091] + [(70-10) / (70-1) * 0.111] = 0.108391304347826 or 10.84%
R(24)= [(24-1) / (70-1) * 0.091] + [(70-24) / (70-1) * 0.111] = 0.104333333333333 or 10.43%
R(31)= [(31-1) / (70-1) * 0.091] + [(70-31) / (70-1) * 0.111] = 0.102304347826087 or 10.23%
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discrimination creates a multiple choice smaller domestic output but no redistribution. redistribution of a smaller domestic output. redistribution of a larger domestic output. larger domestic output but no redistribution.
Option d is correct. Discrimination creates larger domestic output but no redistribution.
Individuals' opportunities, well-being, and feeling of agency are all impacted by discrimination. Individuals who are subjected to discrimination on a regular basis may internalize the stigma or prejudice that is held against them, which can lead to poor health, low self-esteem, fear, and stress as well as humiliation.
The unfair or unfavorable treatment of individuals or groups on the basis of traits like race, gender, age, or sexual orientation is known as discrimination. The simple response is yes. But figuring out why it occurs is more difficult.
To make sense of the universe, the human brain spontaneously classifies objects. For example, very young children quickly pick up on the differences between boys and girls. However, we acquire the values we assign to various categories through our parents, friends, and the observations.
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As monte carlo simulation is essentially statistical sampling, the larger the number of trials used, the more precise is the result.a. Trueb. False
As Monte Carlo simulation is essentially statistical sampling, the larger the number of trials used, the more precise is the result is true.
The Objectives of SimulationThe fundamental goal of simulation is to illuminate the underlying processes that regulate a system's behavior. A system's future behavior can be predicted (forecasted) using simulation, and you can use it to figure out how to influence that behavior in the future.
By simulation, what do you mean?A simulation is a model that replicates how a current or proposed system functions, offering evidence for decision-making by allowing the testing of various scenarios or process improvements. A more immersive experience can be had by combining this with virtual reality technology.
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once you have set up a budget and handled your ordinary expenses, the first thing to do with any extra money you have is to:
Once you have set up a budget and handled your ordinary expenses, the first thing to do with any extra money you have is to pay yourself.
What is the budget ?A budget is a financial plan that projects future earnings and costs. A budget, expressed simply, forecasts future spending and saving in addition to anticipated income and costs.
Simply said, a budget is a spending plan that accounts for both present and future sources of income and costs. A budget ensures that your spending is under control and that your earnings are on track for the term.
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An employer can eliminate a worker’s medical, optical, or dental insurance coverage on the voluntary termination of the worker’s employment.
a) true
b) false
An employer can eliminate a worker’s medical, optical, or dental insurance coverage on the voluntary termination of the worker’s employment. It is true.
An employee decides to leave their position or terminate their agreement voluntarily. In contrast to being fired, laid off, or downsized, a voluntary termination is one in which the employee, not the employer, makes the decision.
An employee who resigns freely from his position. With a termination, the business fires the employee.
Default Reasons for Voluntary Termination
Superior Chance.Change of Career.corporate management.Offer turned down.Education.Fit between employee and work.not coming back from vacation.Insufficient Benefits.To know more about voluntary termination: https://brainly.com/question/28342148
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if a company charges the highest price supporting the value received by the customer and considers the full price-value equation in making that pricing decision, the company is using which pricing strategy?
if a company charges the highest price supporting the value received by the customer and considers the full price-value equation in making that pricing decision, the company is using customer oriented pricing strategy.
Among other things, a pricing strategy considers market circumstances, consumer willingness to pay, competition activity, trade margins, and input costs. The intended audience is specified, and rivals are also addressed.
Pricing plays a significant role in determining the value of your product for both you and your consumers. Customers can tell whether an item is worth their time and money by its actual pricing.
Maximizing your company's profitability, whether it be short- or long-term is the primary pricing goal. In addition, you should consider how much you want to outperform the competition, win over new clients, get more clients, and lengthen the customer lifecycle.
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bozeman sold equipment that it uses in its business for $80,000. bozeman bought the equipment two years ago for $75,000 and has claimed $20,000 of depreciation expense. what is the amount and character of bozeman's gain or loss?
The gain of Bozeman is $20,000 ordinary and $5,000 section 1231 gain
Selling price: $80,000
Original cost: $75,000
Depreciation claimed: $20,000
The current tax basis, which one can arrive at by deducting the amount the property has depreciated from the cost of the initial acquisition, is necessary to calculate section 1231 gains. Then, determine the section 1231 gain by deducting the tax basis from the sale price.
Calculating the gain -
Gain = Selling price - Original cost
= 80,000 - 75,00
= 5,000
The gain on the sale of a depreciable asset that must be declared as ordinary income for tax purposes is known as depreciation recapture. The depreciation of $20,000 is already claimed thus, it will be considered as gain only.
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well-educated americans do not experience wage drops because of undocumented immigrants. t or f
True Undocumented immigrants do not directly affect the wages of genuine, well-educated Americans.
According to the Center for Immigration Studies, immigration has an effect on employment and wages. According to the Center for Immigration Studies, native workers in low-skilled occupations suffer the most from immigration's negative impact on wages. Movement brings down compensation for those at the lower part of the financial scale.
While recent immigration inflows have little effect on native-born Americans' relative wages, immigration has a larger impact on overall wage inequality—that is, wage disparity between native-born and immigrant workers—than it does on wage disparity between native-born Americans.
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human capital refers to multiple choice the accumulated knowledge and skills that allow a person to be productive. machinery that requires extensive human interaction to be productive. the accumulated financial assets of people. all of these things.
Human capital refers to the accumulated knowledge and skills that allow a person to be productive.
Human capital includes the knowledge, abilities, and health that human beings acquire for the duration of their lives, enabling them to recognize their capability as effective members of society. we are able to end excessive poverty and create extra inclusive societies by way of growing human capital.
Examples of human capital include verbal exchange abilities, education, technical abilities, creativity, experience, problem-solving capabilities, mental health, and personal resilience.
You may separate human capital into 3 types: expertise capital, social capital, and emotional capital.
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Which choice is an accurate fact about credit reports?
A. You can request one only if you have been turned down for credit
B. You can request one online or over the phone.
C. You can request one no more than once a year.
D. You can request one whenever you want.
Although Experian is the largest credit bureau in the United States, Equifax and TransUnion are widely regarded as equally significant and accurate. There is, however, a clear winner when it comes to credit scores: 90% of lending decisions are based on the FICO® Score.
Why would you want a credit report, and what exactly is it?Lenders use the information in your credit reports to assess your level of credit risk, or the likelihood that you will pay your bills on time. Therefore, it is essential to comprehend what a credit report is and what you would anticipate to find on one.
What exactly are credit reports?Credit Score a report on a person's creditworthiness that includes information about the person's identifying details, credit cards, late payments, bankruptcies, and savings balances.
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Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle
2. a payday loan
3. an unsecured installment loan
4. It decreases your monthly expenses, giving you more money to spend on other things.
5. Determine or estimate the current value of everything you own.
6. Their ability to repay a loan
7. your prior record of paying your bills and paying off your debts
8. your age and gender
9. You can request one online or over the phone.
10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.
11. -the lender that provided the incorrect information
-the credit bureau that prepared the report
12. right away
13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.
14. The longer the term, the more you will pay in interest.
15. It will cost you less money overall.
16. A store credit card generally comes with a higher interest rate.
17. You will save money if you pay the balance off quickly.
18. -Clarifying the confusing language found on credit card applications.
-Forcing lending companies to disclose interest rates and hidden fees.
19. It banned credit card companies from raising interest rates after missed payments.
20. -a fixed annual charge for the use of a credit card
-a charge if the minimum payment is not paid by the due date
21. paying off the balance before interest can accrue
22. $30
23. Determine which card has the higher interest rate and pay the extra money to that card first.
Explanation: All these answers are correct!
What are the functions of interest groups ?
The functions of interest groups perform 3 simple functions:
advocacy, policy Components, and membership at the two foremost capabilities of hobby groups are illustration and schooling.
Maximum definitions specify that an interest institution suggests any formal association of people or companies that attempt to steer authorities' decision-making and/or the making of public coverage. often, this has an impact on what is exercised with the aid of a lobbyist or a lobbying company.
An interest organization or an advocacy group is a frame that uses diverse types of advocacy so as to persuade public opinion and/or coverage. interest groups may additionally consult with: discovered society. unique hobby group, a group of people sharing professional knowledge. college society.
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What is club and its types?
An association of persons who share a common interest or objective is called a club. For example, a service club engages in volunteer or charitable work. Clubs are a particular category of associations.
• Reading circle, often known as a book club, or book discussion group
• A marketing tool is the book sales club.
• Night club
An association of persons who share a common interest or objective is called a club. For example, a service club engages in volunteer or charitable work. There are clubs for social activities, political groups, religious clubs, and clubs for hobbies and sports, among others.
Clubs have been documented historically in all ancient states that have been thoroughly studied. There was a need for people with a shared interest to be able to connect even when they had no blood links after people began residing in greater groups. Clubs and organisations of the kind have been around for a long time, as shown by the Ancient Greek clubs and associations (collegia) in Ancient Rome.
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in monopolistic competition: a each firm produces an identical product to every other firm in the industry. b firms earn zero economic profits in the long run. c firms earn large economic profits in the long run. d firms are aware of their strategic interdependence. e price leadership is an important factor in how prices are set.
Each firm produces an identical product to every other firm in the industry. (Option A)
What Is meant by Monopolistic Competition?When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition exists. A monopolistic competitive industry has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its rivals.
In what ways does monopolistic competition differ from other forms?The following list represents the traits of monopolistic competition: numerous businesses are present. Similar yet distinctive items are produced by each business. Firms do not accept prices.
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if labor supply is very elastic, the payroll tax is a. borne mostly by the employer. b. borne entirely by the employer. c. borne mostly by the workers. d. split evenly between the employer and the workers.
The answer is C. borne mostly by the workers.
When labour supply is very elastic, a change in wages has a large effect on the number of workers willing to work.
This means that employers must pay a higher wage in order to recruit and retain workers.
As a result, the burden of the payroll tax falls mostly on the workers, because the employer must pass on the cost of the tax by reducing the wages paid to workers.
Supply is a metric for how responsively a quantity is provided to changes in a specific commodity's price.
It is a crucial factor in figuring out how changes in a product's market price affect the supply of that product.
It also provides a rough estimate of the potential profit from selling that product at the difference in price.
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Which process of the enterprise platform interacts with vendors?
under the equal pay act, an employer can legitimately pay different wages to male and female employees on the basis of:___.
Under equal pay law, an employer may legitimately pay different wages to male and female employees based on: hours and risks.
What is salary?It is an amount or sum of money that a worker receives for his service rendered, this money is particularly received from a company which pays the workers on a specific date.
This is a fixed payment agreed between the boss and the employee, the payment varies in the employees according to the rank or level within the company, hours worked and the risk in which the worker is exposed to.
In the case of some companies, salaries vary for some people depending on the hours worked and the job position, since there are jobs that are risky and require a high salary cost, as well as personnel who work overtime, which requires a high salary. jobs that are risky and require a high salary cost, as well as personnel who work overtime, which requires a high salary.
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will the government maintain cut public programs to maintain spending levels without increasing the debt
Yes, the government will maintain cut public programs to maintain spending levels without increasing the debt.
More proof that spending reductions are less detrimental to economic growth than tax increases is provided by a recent study. The nation might increase taxes or cut spending to lower the debt.
Both of these contractionary fiscal policy tools have the potential to impede economic growth.
Government debt can be paid off by raising taxes and cutting spending. However, these policies make life more difficult for the general public.
Less socially beneficial initiatives, like healthcare services, veteran aid, and environmental improvements, are the result.
Spending reductions, according to some economists, are the best treatment for regaining fiscal health. Contrarily, some claim that spending reductions are counterproductive since they stunt economic expansion.
To boost a sagging economy, they recommend increasing government expenditure even further.
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the collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.
The whole of a person's skills, knowledge, and other intangibles that can be used to create economic value for that person, their employer, nor their community is known as their human capital.
Who or what is the employer?A person who employs or places to work is known as an employer. An employer might be a company, institution, government body, agency, company, consulting firm, nonprofit organization, private firms, store, or individual.
Does 'employer' refer to 'job'?The corporation that employs (hired) you and gives (paid) your wage is the employer; you are the employee. So, for instance, if you work at Apple, Apple is the name of your employer. You might even provide the name of the employer who knows you well.
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Location decisions are basically one-time decisions usually made by new organizations.a. Trueb. False
Location decisions are basically one-time decisions usually made by new organizations. - False.
An agency or company (Commonwealth English; see spelling differences), is an entity—which include a company, an group, or an affiliation—comprising one or extra human beings and having a particular purpose. The word is derived from the Greek word organon, because of this tool or tool, musical tool, and organ. There are a spread of criminal sorts of groups, which includes organizations, governments, non-governmental organizations, political organizations, worldwide organizations, military, charities, no longer-for-income organizations, partnerships, cooperatives, and educational establishments, etc.
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accounts receivable had a debit balance of $10,000 at the beginning of the period, and a debit balance of $6,000 at the end of the period. based on this information, the adjustment to net income for the period will be reported as:
If accounts receivable had a debit balance of $10,000 at the beginning of the period, and a debit balance of $6,000 at the end of the period. based on this information, the adjustment to net income for the period will be reported as: a decrease of $4,000 which will be added to net income.
How to find the adjustment to net income?Using this formula to determine the adjustment to net income
Adjustment to net income = accounts receivable had a debit balance - Beginning debit balance
Where:
Accounts receivable had a debit balance = $10,000
Beginning debt balance = $6,000
Let plug in the formula
Adjustment to net income = $10,000 - $6,000
Adjustment to net income = $4,000
Therefore we can conclude that the adjustment to net income for the period will be reported as a decrease of $4,000 which will be added to net income.
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Professor patty is very distraught that three students in her class cannot afford to buy the 42- chapter book for the course. the book is used for two semesters, although not all students take the second semester. she finally tells the three students that she will make copies of the first 21 chapters for them, at no charge. professor patty makes the copies and gives each chapter to the students prior to her coverage of the relevant chapter in class. if professor patty is sued for copyright infringement: __________
If Professor Patty is sued for the copyright infringement she loses because she is copying whole sections and significant portion of book.
What is copyright infringement?The use of works protected by copyright without authorization for a use where authorization is required constitutes copyright infringement and violates certain exclusive rights granted to the copyright holder, such as right to reproduce, distribute, display, or perform protected work, or right to create derivative works. Copyright infringement disputes are typically settled through direct discussion, a notice and take down procedure, or lawsuit in civil court. The criminal court system occasionally pursues cases of egregious or widespread economic infringement, particularly where counterfeiting is involved. The actual economic impact of copyright violations has been estimated, although these estimates are highly variable and dependent on other elements. In spite of this, legislators, business leaders, and copyright owners have traditionally referred to copyright violations as theft or piracy.
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