Quota is a limit on the amount of goods that an importing country will accept in certain product categories.
True False

Answers

Answer 1

The given statement that says "Quota is a limit on the amount of goods that an importing country will accept in certain product categories." is true.

What is a Quota?

A quota is a restriction on the amount of goods that may be imported or exported in a specified time frame. The objective of quotas is to restrict the amount of goods that an exporting country can sell to an importing country to protect domestic producers from international competition by restricting the volume of imports.

These quotas restrict the volume of trade between countries, which can help to reduce the international trade deficit.

What is an Importing country?

The country where the goods or services are being shipped into is known as the importing country. In other words, the country that is bringing goods or services from a different country into its own country is the importing country. The goods that are brought from a different country into the importing country are known as imports.

To know more about Quota, visit:

https://brainly.com/question/31954986#

#SPJ11


Related Questions

(Related to Checkpoint 9.2) (Yield to maturity) Abner Corporation's bonds mature in 22 years and pay 15 percent interest annually. If you purchase the bonds for $850, what is your yield to maturity? Y

Answers

The yield to maturity (YTM) of Abner Corporation's bonds is approximately 17.65%.

What is the yield to maturity (YTM) of Abner Corporation's 22-year bonds with a 15% annual interest rate, purchased for $850?

The yield to maturity (YTM) is the annualized rate of return an investor can expect to earn if they hold the bond until maturity. It represents the discount rate that equates the present value of the bond's future cash flows to its current market price.

In the given scenario, Abner Corporation's bonds have a maturity of 22 years and pay an annual interest rate of 15%. The purchase price of the bonds is $850.

To calculate the YTM, we need to find the discount rate that makes the present value of the bond's cash flows (annual interest payments and the final principal payment) equal to $850.

Using financial formulas or a financial calculator, the YTM of the bonds is determined to be approximately 17.65%.

This means that if you purchase the bonds for $850 and hold them until maturity, you can expect to earn an annualized rate of return of around 17.65%.

It's important to note that YTM assumes the bondholder reinvests all interest payments at the same rate, and there are no defaults or changes in market conditions during the bond's life.

Learn more about yield to maturity

brainly.com/question/26376004

#SPJ11

Address the following as they apply
- Explain what the topic is and why it is relevant?
- Explain Causes / Needs depending on the Circumstance/Topic§How prevalent is it?
- Is it a cultural issue?
- Is it a problem/issue that affects all companies? Only a few? Why
- Can you identify a company where this has been presented as an issue? Which one or which ones? Why do you think it occurred there?

Answers

To provide a comprehensive answer to this question, you need to have a clear understanding of the specific topic or circumstance. It is essential to analyze the factors that contribute to the problem or issue and explore the needs of the company or stakeholders involved.

Explain what the topic is and why it is relevant: This requires a clear understanding of what the topic is about. It's essential to define the subject and explain its significance in the context of the specific situation. If you are unsure about the topic, make sure to research it thoroughly before providing an answer. Explain Causes / Needs depending on the Circumstance/Topic: The causes or needs will depend on the specific topic or situation. It is essential to analyze the factors that contribute to the problem or issue and explore the needs of the company or the stakeholders involved. How prevalent is it? This is an important question that needs to be answered. It will help to determine the extent to which the problem or issue exists and how it affects the companies or stakeholders involved. Is it a cultural issue? If the problem or issue relates to cultural differences or practices, it may be necessary to explore how it affects the company and its employees or stakeholders.Is it a problem/issue that affects all companies? Only a few? Why? This will depend on the specific topic or situation. It's essential to analyze the scope of the problem or issue and determine the extent to which it affects the companies or stakeholders involved. Can you identify a company where this has been presented as an issue? Which one or which ones? Why do you think it occurred there? Identifying a company where the issue has arisen will help to provide context and demonstrate how the problem or issue can affect organizations. It is essential to research the case thoroughly and explore the factors that contributed to the problem or issue.

For more such questions on stakeholders

https://brainly.com/question/15532995

#SPJ11

Joann Talin is a college student who plans to attend three professional workshops in the upcoming semester. The suit and accessories for the first event cost her more than expected, so Joann decides to go a different route for the second workshop. She purchases the new suit on credit the week before the workshop, wears it to the event, and then returns it to the store for a full refund on her credit card the day after. Be sure to include the following in your original response which should be at least three paragraphs with at least five sentences each: 1. A brief description of the scenario in your own words. 2. Do you see any ethical concerns with Joann's new strategy? Could there be any negative consequences for her? 3. How does the merchandising company record the journal entries for the suits that Joann returns?

Answers

1. Brief description of the scenarioJoann Talin is a college student who wants to attend three professional workshops in the upcoming semester. She spends more than she expected on the suit and accessories for the first event.

2. Ethical concerns with Joann's new strategy and any negative consequences for herJoann's new strategy raises ethical concerns. She's essentially taking advantage of the store's refund policy to get a new suit without actually paying for it.

3.When Joann returns the suit, the merchandising company records it as a sales return in their books.

1. A synopsis of the situationCollege student Joann Talin plans to participate in three business workshops in the upcoming term. She spends more money than she anticipated on the first event's outfit and accessories.

For the second workshop, she chooses to go a different approach and buys a new suit on credit a week beforehand. After the occasion, she returns the outfit to the shop and the next day will receive a full credit back to her card.

2. Joann's new technique raises ethical questions, as well as potential negative effects for her.Joann's new plan of action is unethical. She is effectively abusing the shop's refund policy to obtain a new suit without having to pay for it.

Although she didn't legally breach any laws, Given that it's not totally honest, this can be regarded as an ethically dubious situation. If they observe that she consistently purchases and then returns suits following each session, she can also develop a bad reputation in the store. They might decide not to work with her again as a result of this.

3. The clothing retailer logs Joann's return of the suit as a sales return in their files. The entry in the journal is as follows: Sales returns debited (to lower sales revenue) Accounts Receivable: Credit (to lower the sum owed by the customer)

Inventory (to re-include the returned item in inventory). The business would also erase the initial credit sale entry because Joann bought the suit on credit. The entry in the journal for this is: Debit: Accounts Receivable (to cancel the initial credit sale entry) Credit: Sales Revenue (to decrease sales revenue)

For more such questions on workshops

https://brainly.com/question/28038433

#SPJ8

The capital budgeting method that calculates the discount rate at which the present value of expected cash inflows from a project equals the present value of expected cash outflows is the ________.
NPV method
payback method
internal rate of return method
none of the above

Answers

The capital budgeting method that calculates the discount rate at which the present value of expected cash inflows from a project equals the present value of expected cash outflows is the internal rate of return method.

The capital budgeting method that calculates the discount rate at which the present value of expected cash inflows from a project equals the present value of expected cash outflows is the internal rate of return (IRR) method.

The IRR method is used to evaluate the profitability of an investment project by determining the discount rate that makes the net present value (NPV) of the project's cash flows equal to zero. It involves estimating the future cash flows of the project and finding the discount rate that equates the present value of those cash flows to the initial investment.

To calculate the IRR, you need to solve the equation:

NPV = 0 = CF0 + CF1 / (1 + IRR) + CF2 / (1 + IRR)^2 + ... + CFn / (1 + IRR)^n

Where:

NPV = Net present value

CF0 = Initial cash outflow (negative)

CF1, CF2, ... = Expected cash inflows

IRR = Internal rate of return

By solving this equation, you can determine the discount rate (IRR) that makes the NPV equal to zero, indicating that the project is expected to generate a return equal to the required rate of return.

Therefore, the correct answer is the internal rate of return method. This method helps assess the profitability and feasibility of an investment project by calculating the discount rate at which the project's cash flows are equivalent to the initial investment.

To know more about capital budgeting method, visit

https://brainly.com/question/14020241

#SPJ11

On December 31, 2020, Extreme Fitness has adjusted balances of $840,000 in Accounts Receivable and $63,000 in Allowance for Doubtful Accounts. On January 2, 2021, the company learns that certain customer accounts are not collectible, so management authorizes a write-off of these accounts totaling $14,000. Required: Assume that on February 2, 2021, Extreme Fitness received a payment of $900 from one of the customers whose balance had been written off. Prepare the journal entries to record this transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list 1 at Journal entry worksheet 3 1 > Record the reversal of a customer account previously written off in the amount of $900. Note: Enter debits before credits. General Journal Debit Credit Transaction 1 Clear entry View general journal inces Record entry

Answers

The journal entry for the given transaction will include Dr. Accounts Receivable $900 and Cr. Allowance for Doubtful Accounts $900.

The given table represents the General Journal of Extreme Fitness to record the reversal of a customer account previously written off in the amount of $900. The general journal is as follows:

General Journal  Debit   Credit

Accounts Receivable  900

Allowance for Doubtful Accounts    900

In the given scenario, the customer account of $14,000 had already been written off. Therefore, the balance of Accounts Receivable and Allowance for Doubtful Accounts is $840,000 and $63,000, respectively. However, on February 2, 2021, Extreme Fitness received a payment of $900 from one of the customers whose balance had been written off.

Therefore, the journal entry will be required to record the received payment. In this case, the journal entry is:

Debit Accounts Receivable $900

Credit Allowance for Doubtful Accounts $900

The Accounts Receivable account is debited because it will increase the account balance, whereas Allowance for Doubtful Accounts is credited because the allowance is decreased.

Learn more about Journal entry:

https://brainly.com/question/20714023

#SPJ11

A decision maker who uses the maximax criterion when solving a problem under coriditions of uncertainty is: O making a serious mistake; maximax is not appropriate for conditions of uncertainty O an economist. O an optimist O an optometrist.

Answers

A decision maker who uses the maximax criterion when solving a problem under conditions of uncertainty is an optimist.

The maximax criterion is a method of making decisions that emphasizes getting the biggest reward or result possible without taking into account the probabilities connected to various outcomes. It is frequently employed by decision makers who have a positive outlook and are prepared to assume greater risks in the hopes of getting the best results.

However, under uncertain circumstances where the probabilities of various outcomes are unknown or uncertain, the maxima criterion is not appropriate. It only considers the best case scenario and ignores the likelihood of less desirable outcomes. This may result in unrealistic decisions and a failure to take potential risks and uncertainties into account.

Learn more about maximax criterion at

brainly.com/question/31039289

#SPJ4

3 Book Hint rint ences Ollie Company experienced the following events during its first-year operations: 1. Acquired $72,000 cash from the issue of common stock. 2. Borrowed $26,000 from the First City

Answers

Ollie Company's stockholders' equity increased to $91,000 during its first year of operations, primarily due to the issuance of common stock and the generation of net income.

OLLIE COMPANY

Statement of Changes in Stockholders' Equity

For the Period Ended December 31, Year 1

Beginning common stock: $0

Plus: Common stock issued: $72,000

Ending common stock: $72,000

Beginning retained earnings: $10

Plus: Net income: $16,000

Less: Dividends: $7,000

Ending retained earnings: $19,000

Total stockholders' equity: $91,000

In the first year of operations, Ollie Company experienced several events that affected its stockholders' equity. The company acquired $72,000 cash from the issue of common stock, which increased the common stock balance. The beginning common stock of $0 was augmented by the common stock issued during the year.

The company also generated $59,000 of cash revenue from its operations, which contributed to the net income. The beginning retained earnings balance of $10 was increased by the net income of $16,000. However, the company paid $7,000 in cash dividends to the stockholders, which reduced the retained earnings balance.

After considering all the events, the ending common stock balance was $72,000, and the ending retained earnings balance was $19,000. These two components, along with the beginning common stock and beginning retained earnings, contribute to the total stockholders' equity of $91,000. This statement provides a summary of the changes in stockholders' equity during Ollie Company's first year of operations.

To learn more about stockholders' equity

https://brainly.com/question/30397975

#SPJ11

Complete question:

3 Book Hint rint ences Ollie Company experienced the following events during its first-year operations: 1. Acquired $72,000 cash from the issue of common stock. 2. Borrowed $26,000 from the First City Bank. 3. Earned $59,000 of cash revenue. 4. Incurred $43,000 of cash expenses. 5. Paid a $7,000 cash dividend. 6. Paid $43,000 to purchase land. Required Prepare a statement of changes in stockholders' equity. OLLIE COMPANY Statement of Changes in Stockholders' Equity For the Period Ended December 31, Year 1 Beginning common stock $ 0 Plus: Common stock issued 72,000 Ending common stock Beginning retained earnings 10 Plus: Net income 16,000 Less: Dividends Ending retained earnings Total stockholders' equity $ $ 72,000 9,000 81,000

You are planning an orientation banquet for incoming summer interns at your company, and one of your jobs is to design the seating chart for the banquet. The intern group includes students from n different schools, and there are a; students from each school iЄ [n]. The banquet will take place at a venue with m tables of various sizes, and each table jЄ [m] can seat h; people. The only constraint is that, in order to facilitate networking, no two students from the same school can sit at the same table.
Suppose that you only know the number of students from each school, but not their names. Model the problem of creating the seating chart as a maximum flow problem. You do not need to draw the network, but be sure to define the full set of nodes and arcs as well as the arc capacities.

Answers

As the problem of creating the seating chart as a maximum flow problem, the following are the full set of nodes and arcs as well as the arc capacities:

Let n be the number of schools, a be the number of students from each school and m be the number of tables that the venue has. Each node in the network will be denoted by i, j, or k where iЄ[n], jЄ[m], and kЄ{n+1,n+2} .If iЄ[n], then node i corresponds to school i. If jЄ[m], then node j corresponds to a table.

If k=n+1, then node k corresponds to the source node, and if k=n+2, then node k corresponds to the sink node. Arcs of the network are defined as follows: An arc (n+1, i) with a capacity of ai represents the flow from the source node to the nodes representing schools.

The flow on this arc represents the number of students that are assigned seats at the banquet from school i. An arc (i, j) with a capacity of hi represents the flow from the node representing school i to the node representing table j. The flow on this arc represents the number of students from school i that are assigned to table j. The arc capacity is hi since each table can seat at most hi students. An arc (j, n+2) with a capacity of h represents the flow from the nodes representing tables to the sink node.

The flow on this arc represents the number of seats that are used at table j. The arc capacity is h since each table can seat at most h students.

To know more about nodes visit:

https://brainly.com/question/30885569

#SPJ11

You are the business analyst for a mid-sized sales and marketing
company. The company is interested in acquiring a new Human
Resources Information System (HRIS). You have been asked by the
company CEO

Answers

As a business analyst for a mid-sized sales and marketing company, I have been asked by the CEO to acquire a new Human Resources Information System (HRIS). Here's the long answer to this question.What is HRIS?A Human Resource Information System (HRIS)

is a software application that is designed to streamline and automate human resource management and employee data management processes. An HRIS solution can help companies with HR tasks such as employee onboarding, personnel data management, payroll processing, benefits administration, time and attendance tracking, and many more.What are the features of an HRIS?The main answer to this question is that HRIS solutions can have several features depending on the needs of a business. However, some of the essential features of an HRIS are as follows

Employee information management Performance tracking Payroll processing Benefits administration Applicant tracking Recruitment management Time and attendance tracking Employee self-service  HR analytic What are the benefits of using an HRIS An HRIS can provide numerous benefits to a company. Some of the key benefits include Efficiency and accur acyImproved data managementCost savingsReduced workloadImproved complianceEnhanced employee experienc eImproved decision-makingHow to select an HRIS?When selecting an HRIS, it is important to consider the following Compatibility with existing systems and softwareEase of useScalabilityVendor support and customer serviceCost and ROI The implementation processAn HRIS can help your company streamline HR tasks, increase efficiency, and improve the employee experience. Therefore, it is a crucial investment for businesses.

To know more about business  Visit;

https://brainly.com/question/15826771

#SPJ11

[CLO-6| A company is producing pen for 5 years, the investment
value for the company is $700,000, the market value for the company
is $10,000, while the annual expenses is $100,000. Monthly tax to
be

Answers

The company does not need to pay any monthly tax as it has no taxable income.

To calculate the monthly tax to be paid by the company, we need to determine the annual tax amount and then divide it by 12 to obtain the monthly tax.

In this case:

Investment value: $700,000

Market value: $10,000

Annual expenses: $100,000

To calculate the annual tax, we need to find the taxable income of the company. The taxable income is the difference between the market value and the investment value, minus the annual expenses.

Taxable income = Market value - Investment value - Annual expenses

Taxable income = $10,000 - $700,000 - $100,000

Taxable income = -$790,000

Since the taxable income is negative, indicating a loss, the company will not have any taxable income and therefore will not owe any taxes.

Therefore, the annual tax amount is $0.

To find the monthly tax, we divide the annual tax amount by 12:

Monthly tax = Annual tax / 12

Monthly tax = $0 / 12

Monthly tax = $0

Learn more about tax here:

https://brainly.com/question/30689717

#SPJ11

Why are bonds known as fixed income investments? A) there is a fixed principle B) there is a fixed rate of return C) there is a fixed option of investing part of the bond D)
all of the above

Answers

Answer:

The awnser is B

Explanation:

took the test

Q iii
Table 2: Rubber production Malaysia Glove (cartons) Tyre Glove (cartons) Tyre 520 0 1200 0 500 600 900 400 350 1100 600 650 1300 200 800 200 0 1430 0 810 Refer to Table 2 and answer the following ques

Answers

Climate, land availability, government regulations, scientific developments, and consumer demand are the main variables affecting rubber production in Malaysia. These elements have a variety of effects on the glove industry's use of cartons.

First of all, more gloves may be manufactured, which would raise the demand for cartons to package and ship the gloves. Additionally, variations in rubber manufacturing may have an indirect impact on carton utilization by changing the availability and cost of raw materials used to make gloves. The adoption of eco-friendly packaging options by the glove business may also be influenced by sustainability programs and laws, perhaps resulting in a decrease in the use of cartons. Overall, the dynamics of rubber production in Malaysia have a big impact on how many cartons are used in the glove sector.

To know more about eco-friendly packaging, here

brainly.com/question/25650530

#SPJ4

--The complete Question is, What are the key factors influencing rubber production in Malaysia and its impact on the glove industry in terms of carton usage?--

_______ involves using all of the promotional tools and resources to deliver a comprehensive, unified way to create a positive brand image and achieve the strategic marketing objectives of the firm.

Answers

Integrated marketing communications (IMC) involves using all of the promotional tools and resources to deliver a comprehensive, unified way to create a positive brand image and achieve the strategic marketing objectives of the firm.

IMC is a customer-centric approach to marketing that uses various promotional tools such as advertising, personal selling, sales promotions, public relations, and direct marketing to communicate a consistent message about the brand to customers. In this approach, the company creates a unified message and strategy across all channels to reach the target market in the most effective way possible.IMC involves combining the traditional marketing tools with modern communication tools like social media, email, and mobile apps. It is designed to deliver a consistent message across all touchpoints with the customer. It seeks to establish a two-way communication between the firm and its customers, with the aim of creating long-term relationships between them.

Furthermore, an integrated marketing communications approach enables companies to effectively reach their target audience by creating a cohesive message. It ensures that all marketing messages are consistent, which increases the likelihood that customers will remember the brand and take action. By using a strategic approach that integrates all of the promotional tools, businesses can achieve their marketing objectives and create a positive brand image.

To know more about Integrated marketing communications visit-

brainly.com/question/30389494

#SPJ11

In your own words, explain what is negative a goodwill and how it is calculated? (3 marks) Does historic cost principle apply when accounting for negative goodwill? Explain (4 marks) Consolidated financial statements are primarily for the benefit of which group of shareholders? Explain (4 marks)

Answers

1- The negative goodwill (NGW) amount is the gap between the asset's purchase price and its fair market value, 2- No, historical concept do not apply to negative goodwill. 3- The consolidated financial statements are primarily prepared for the parent company's stockholders.

1) Negative goodwill, like goodwill, is an accounting term that was developed to address the difficulty of measuring the value of intangible assets such as a company's reputation, patents, customer base, and licensing. These intangible assets are distinct from tangible assets like equipment or inventories.

Most acquisitions entail goodwill, in which purchasers pay more than the worth of the selling company's tangible assets. Negative goodwill arises in rare instances, where the value of the intangible assets must be represented as a gain on the buyer's income statement.

Subtract the total fair value of the company's assets found in the previous step from the company's purchase price. Assuming the acquisition price was less than the asset value, the consequence will be negative goodwill.

2) In accounting, the historical cost of an item refers to its original monetary worth or purchase price. The historical cost principle dictates that a business's transactions be reported at their historical costs. The notion is related to the cost principle, which states that assets, equity investments, and liabilities should be documented at the time of acquisition.

3) Consolidated financial statements are the financial statements of a company that has many divisions or subsidiaries. Companies frequently use the term "consolidated" loosely in financial statement reporting to refer to the aggregated reporting of their entire organization collectively.

Private corporations have less requirements for financial statement reporting, but public companies must report financials in accordance with the Financial Accounting Standards Board's Generally Accepted Accounting Principles (GAAP).

To know more about consolidated financial statement:

https://brainly.com/question/30691229

#SPJ4

When a company establishes the structure of formal task relationships that determines formal communication channels and how departments are to coordinate their work they are: designing. leading. controlling. organizing. OO

Answers

When a company establishes the structure of formal task relationships that determines formal communication channels and how departments are to coordinate the work they are organizing.

Organizing is a management function that involves developing an organizational structure and allocating human resources to ensure that an organization's goals are met. Organizing involves identifying jobs to be done, grouping the jobs into manageable units, establishing patterns of authority and communication, and developing means for coordinating and controlling group activities.

Organizing as a management function is concerned with creating formal structures that promote coordinated efforts, communication, and specialization. The aim of organizing is to create a structure that will help achieve the goals of the organization.

To learn more Organizing, visit here

https://brainly.com/question/30712100

#SPJ11

Your parents have promised to give you as a gift €5,000 at the beginning of each year starting from this year until you graduate. Suppose you will graduate in three years, that is you will receive three payments in total. Assume you are making calculations at the beginning of the current year. a. What is the present value of all the payments? Use the interest rate of 3% to calculate the present value of the payments. b. What happens to the present value of this sequence of payments as the interest rate increases? c. What happens to the present value of this sequence of payments as future (nominal) value of payments increases?

Answers

a. The present value of the payments is €14,824.57.

This is calculated using the following formula:

Present Value = ∑(Future Value / (1 + Interest Rate)^n)

where:

Future Value = €5,000

Interest Rate = 3%

n = Number of years (3)

Present Value = ∑[tex](€5,000 / (1 + 0.03)^n) = €14,824.57[/tex]

When the interest rate rises, the current worth of the payments diminishes. The reason for this is that an increased interest rate results in greater discounting of the upcoming payment's future value.

c. When the anticipated value of future payments rises, there is a corresponding increase in the current value of those payments. The rationale behind this is that when the future value is higher, the current value of the payments also increases.

To sum up, the value of a series of payments at present is influenced by the interest rate in an inverse manner and its connection with the future value of payments is direct.

Read more about Future Value here:

https://brainly.com/question/30390035

#SPJ4

A firm has a general-purpose machine, which has a book value of $300,000 and is worth $500,000 in the market. If the tax rate is 35 percent, what is the opportunity cost of using the machine in a project?

A. $500,000

B. $430,000

C. $300,000

D. $200,000

Answers

The correct answer is B. $430,000. The opportunity cost of using the machine in a project can be found by using the difference between the market value of the machine and the after-tax salvage value of the machine.

The opportunity cost of using the machine in a project can be found by using the difference between the market value of the machine and the after-tax salvage value of the machine. The after-tax salvage value of the machine is found by multiplying the book value by the tax rate and then subtracting the resulting value from the market value of the machine. Thus, the opportunity cost of using the machine in a project is given by:
Opportunity cost of using the machine in a project = Market value of the machine - After-tax salvage value of the machine
The market value of the machine is $500,000, while the book value is $300,000. The difference between the market value and the book value of the machine is therefore:
Market value - Book value = $500,000 - $300,000 = $200,000
This difference represents the gain that the firm would make if it sold the machine at the market value and replaced it with a machine that has the same capabilities. However, if the firm uses the machine in a project, it will have to forgo this gain. In addition, if the machine is used in a project, it will depreciate over time and will have a lower salvage value. The after-tax salvage value of the machine is given by:
After-tax salvage value of the machine = Book value x Tax rate = $300,000 x 0.35 = $105,000
Therefore, the opportunity cost of using the machine in a project is:
Opportunity cost of using the machine in a project = Market value of the machine - After-tax salvage value of the machine = $500,000 - $105,000 = $395,000
Therefore, the correct answer is B. $430,000. Note that this is the after-tax cost of using the machine in a project, which is the cost that is relevant for decision making.

To know more about tax rate visit: https://brainly.com/question/30629449

#SPJ11

A question on Factor Pricing (Microeconomics):

In the staging of a concert or theatrical performance, there are many people involved including those that work behind the scenes such as sound engineers, lighting technicians, production assistants, ticket booth personnel, etc. The people behind the scenes put in more hours of work than the performers or artists themselves. Yet, the performers or artists earn more money than the behind-the-scenes people. Use the general principle of factor pricing to explain this seemingly paradoxical situation. (3-5 sentences)

Answers

In the staging of a concert or theatrical performance, the performers or artists earn more money than the behind-the-scenes people despite the latter putting in more hours of work. This can be explained using the general principle of factor pricing.

According to the principle of factor pricing, a factor of production is paid according to its contribution to the production process. Factors that contribute more are paid more, and those that contribute less are paid less. Hence, the wages of workers depend on their productivity.The performers or artists are considered to be highly productive because they are the ones who attract the audience.

They are the main reason for the event and are responsible for generating most of the revenue. The behind-the-scenes workers, on the other hand, play a supportive role and are responsible for the smooth running of the event. Their work is important, but not as critical as that of the performers or artists.The income earned by the performers or artists is an economic rent, which is a payment made to a factor of production that is in limited supply. There are a limited number of people who can perform at a high level, and they are in high demand.

As a result, their wages are high. The income earned by the behind-the-scenes workers is a normal profit. They are paid according to their contribution to the production process, which is less than that of the performers or artists.

Learn more about factor pricing at https://brainly.com/question/27144030

#SPJ11

DDSB Limited is authorized to issue 60 000, $6 par value common shares. Record the journal entries for the following:
a. Issued 2 000 shares at par value.
b. Issued 500 shares at $8 per share.
c. Reacquired 700 shares at par value.

Answers

DDSB Limited is authorized to issue 60,000 common shares with a par value of $6. The journal entries for the given transactions are as follows:

a. Issued 2,000 shares at par value:

Cash (2,000 shares × $6)     12,000

   Common Stock                    12,000

b. Issued 500 shares at $8 per share:

Cash (500 shares × $8)          4,000

   Additional Paid-in Capital       1,000

   Common Stock                    3,000

c. Reacquired 700 shares at par value:

Treasury Stock                         4,200

   Common Stock                       4,200

In the first journal entries  transaction, DDSB Limited issued 2,000 common shares at their par value of $6 per share. The entry records an increase in cash of $12,000 and an increase in common stock of $12,000.

In the second transaction, DDSB Limited issued 500 common shares at a price of $8 per share. The entry records an increase in cash of $4,000, an increase in additional paid-in capital of $1,000, and an increase in common stock of $3,000.

In the third transaction, DDSB Limited reacquired 700 common shares at their par value of $6 per share. The entry records a decrease in treasury stock of $4,200 and a decrease in common stock of $4,200.

Learn more about journal entries

brainly.com/question/30499005

#SPJ11

Everything else equal, if you expect a larger interest rate increase than other market participants, you should _________.
Multiple Choice
A. buy long-term bonds
B. buy short-term bonds
C. buy common stocks
D. buy preferred stocks

Answers

the answer is B. short term bonds

Everything else equal, if you expect a larger interest rate increase than other market participants, you should option B. buy short-term bonds.

Usually, the interest rate is associated with the interest rate offered on a bond. If the Federal Reserve or any other central bank boosts interest rates, the rate of return on a bond will increase. The market then reduces the value of existing bonds, causing the interest rate on those bonds to rise. The rise in interest rates results in lower bond values since investors prefer newer, more lucrative alternatives. Therefore, it is crucial to assess the market to determine whether to hold, purchase, or sell bonds.

The value of short-term bonds is lower than that of long-term bonds. Because short-term bonds mature more quickly, they are less vulnerable to variations in interest rates than long-term bonds. As a result, if you expect a larger interest rate increase than other market participants, you should buy short-term bonds.

To know more about market click here:

https://brainly.com/question/15483550

#SPJ11







A__ is a graphical method of presenting a large amount of data by way of bars, to reflect the distribution frequency and proportion for each. a. Gantt chart O b. Histogram O c. Project roadmap O d. No

Answers

The correct answer is b. Histogram Graphical Method.

A histogram is a graphical method used to present a large amount of data by using bars to reflect the distribution frequency and proportion for each category or interval. It is particularly useful for displaying the distribution of numerical data and identifying patterns or trends.

In a histogram, the horizontal axis represents the range of values or intervals, while the vertical axis represents the frequency or proportion of occurrences for each interval. The height of each bar represents the frequency or proportion of data falling within that interval. The bars are typically adjacent and touch each other to emphasize the continuous nature of the data.

Histograms provide a visual representation of the distribution of data, allowing analysts to identify patterns such as central tendency, dispersion, skewness, or any other characteristics of the data. They are commonly used in statistics, data analysis, quality control, and various fields where understanding the distribution of data is crucial.

Gantt charts, on the other hand, are used for project management and display the schedule and progress of tasks over time. Project roadmaps are visual representations of project plans or strategies. While both Gantt charts and project roadmaps are useful tools in project management, they do not specifically represent the distribution of data as histograms do.

Know more about Histogram here:

https://brainly.com/question/30354484

#SPJ11

Suppose Sally wins the Publishers Clearinghouse $10 million sweepstakes (not the future value). The money is paid in equal annual installments of $500,000 over 20 years. If the appropriate discount rate is 5%, how much is the sweepstakes actually worth today? And if Publishers Clearinghouse offered you $5 million today, is that offer more or less valuable than the value of the annuity? A) $6,546,789; offer is less B) $10,000,000; offer is less C) $6,231,105; offer is less D) $4,121,212; offer is more E) none of the above

Answers

The present value of the annuity is $6,546,789.09. Publishers Clearinghouse's $5 million deal is less valuable than the annuity.

How do we calculate it?

An annuity is a series of cash payments or receipts that are made at equal intervals. An annuity due is one in which the cash flows are made at the beginning of each period, whereas an ordinary annuity is one in which the cash flows are made at the end of each period.

Because Publishers Clearinghouse pays annual installments, it is an ordinary annuity.For this ordinary annuity, we have to calculate the present value. Because the annuity payments are identical, the present value can be calculated using the following formula.

PV = PMT [(1 - (1 / (1 + i)n)) / i] Where:PV is the present value of the annuity payments.PMT is the annuity payment per year.i is the rate of discount per year.

n is the number of periodsThe PV of the annuity payment will be:PMT = $500,000, i = 5%, n = 20

PV = $6,546,789.09Since $6,546,789.09 is The present value of Sally's winnings, Publishers Clearing house's $5 million offer is less valuable than the annuity.Answer: A) $6,546,789; offer is less

Learn more about annuity here,

https://brainly.com/question/31615396

#SPJ11

A small company with 20 employees wishes to have IT systems for their regular business activities like Office automation, Accounting and emails They wish to establish a small computer infrastructure comprising of a server, client systems for their staff and other peripherals, Identity typical technical specifications for the planned infrastructure to meet the requirement.

Answers

For the small company's IT infrastructure, a recommended server specification could be a mid-range model with a quad-core processor, 16GB of RAM, and sufficient storage capacity. The client systems should have modern desktop or laptop computers with at least a dual-core processor, 8GB of RAM, and compatible peripherals. It is important to ensure reliable networking, implement backup solutions, and maintain proper security measures.

The technical specifications for a small IT infrastructure that includes a server, client systems for staff and other peripherals for a small company with 20 employees are as follows:

Server: A recommended specification for the server could be a mid-range model with a quad-core processor, 16GB of RAM, and sufficient storage capacity to accommodate the company's data needs.Client Systems: Each client system can be equipped with a modern desktop or laptop computer with at least a dual-core processor, 8GB of RAM, and a sufficient amount of storage. The systems should be compatible with the required software applications.Peripherals: The company should consider including peripherals such as printers, scanners, and network switches that are compatible with the chosen infrastructure. Additionally, they may need to invest in UPS (Uninterruptible Power Supply) units to protect against power outages.Software: The company should acquire licensed copies of office automation software (e.g., Microsoft Office Suite), accounting software (e.g., QuickBooks), and email client software (e.g., Microsoft Outlook) to meet their specific business needs.Network: The infrastructure should include a reliable network connection, such as a wired Ethernet network, along with necessary networking equipment like routers and switches to facilitate communication between the server and client systems.Backup and Security: The company should implement a backup solution to regularly back up their data and a robust security system with firewalls and antivirus software to protect against potential threats.

It's important for the company to consult with IT professionals or experts to ensure the technical specifications align with their specific business requirements and budget constraints.

Learn more about IT infrastructure at:

https://brainly.com/question/30175008

#SPJ11

Consider a simple public good economy with two people and two goods: one public (x) and one private (y). Assume that one unit of public good can be produced with two units of private good. Person 1's utility function is U1(X,yı) = 2x1/2 + y₁ and Person 2's utility function is u₂(x,y²) = x¹/² + y₂. Consider the private good provision mechanism where Person 1 makes a contribution for the public good first, then Person 2 follows. a. Find the optimal output of the public good by using Samuelson condition. b. Show that in the private good provision mechanism Person 2 rides free. c. Is the private good provision mechanism efficient? Explain.

Answers

a) The optimal output of the public good is given by;x* = (2y)¹/²

b) Person 1 bears the entire cost of providing public good and Person 2 gets the benefit of public good without contributing towards its provision.

c)It also violates the Pareto efficiency condition as the Pareto optimal solution would require that Person 2 should also contribute towards the provision of public good.

a. Optimal output of the public good:To find the optimal output of the public good, Samuelson condition will be applied. The condition states that the optimal output of public good is achieved when the marginal benefit of public good to the last consumer is equal to the marginal cost of providing it. When Person 1 contributes towards public good, the cost to him is equal to the opportunity cost of his private good foregone, which is 1/2 unit of y. When Person 2 contributes, his cost is also equal to 1/2 unit of y.

Therefore, total cost of providing 1 unit of public good is 1 unit of y.

The marginal benefit to Person 1 from 1 unit of public good is given as;MUB1 = MUx /Px = 1/xWhere x is the output of the public good and Px is the price of private good.

From person 1's utility function, the marginal benefit of public good is;MUB1 = ∂U1/∂x1 = 1/x¹/²

Therefore, marginal benefit to Person 2 from 1 unit of public good is;MUB2 = MUx /Px = 1/xWhere x is the output of the public good and Px is the price of private good.

From person 2's utility function, the marginal benefit of public good is;MUB2 = ∂U2/∂x2 = 1/2x¹/²

Hence, the Samuelson condition will be;MUB1 + MUB2 = MC1/x + 1/x = 1/x¹/² + 1/2x¹/² = 1/x² = MCx1/2y = 1

Therefore, the optimal output of the public good is given by;x* = (2y)¹/²

b. Person 2 rides free:Person 2's contribution to public good is zero, therefore, he rides free.

Person 1 bears the entire cost of providing public good and Person 2 gets the benefit of public good without contributing towards its provision.

c. Efficiency of private good provision mechanism: The private good provision mechanism is not efficient since Person 2 is riding free and not contributing towards the provision of public good. It also violates the Pareto efficiency condition as the Pareto optimal solution would require that Person 2 should also contribute towards the provision of public good.

Learn more about utility function here,

https://brainly.com/question/30882774

#SPJ11

2. (10 points) Nelter Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced

Answers

The income statement using variable costing for Nelter Corporation would include sales, expenses and net income.

What is an income statement ?

An income statement, also known as a profit and loss statement, is a financial statement that provides a summary of a company's revenues, expenses, and net income or loss for a specific period.

When prepared using variable costing, the income statement focuses on the variable costs associated with producing goods or services.

The income statement is:

Sales                                                                             $ 802, 500

Variable expenses

Direct materials                                       $ 301, 740

Direct labor                                              $ 154, 080

Variable manufacturing cost                   $ 19, 260

Variable selling and admin.                   $ 115, 560       $ 590, 640

Contribution margin                                                      $ 211, 860

Fixed expenses

Fixed manufacturing overhead               $ 105, 570

Fixed selling expense                              $ 89, 880       $ 195, 450

Operating income                                                            $ 16, 410

Find out more on income statements at https://brainly.com/question/31117076

#SPJ4

Question is:

Prepare a contribution format income statement for the month using variable costing.

Which of the following statements is true? OA. The right-of-use asset is increased by prepaid lease payments, but reduced by lease incentives and the lessee's initial direct costs. B. The right-of-use asset is reduced by the lessee's initial direct costs, but increased by lease incentives and prepaid lease payments. OC. The right-of-use asset is reduced by prepaid lease payments and the lessee's initial direct costs, but increased by lease incentives. D. The right-of-use asset is increased by prepaid lease payments and the lessee's initial direct costs, but reduced by lease incentives.

Answers

The right-of-use asset is increased by prepaid lease payments, but reduced by lease incentives and the lessee’s initial direct costs. Option A is the correct statement.

The right-of-use asset is reduced by lease incentives and the lessee’s initial direct costs but increased by prepaid lease payments. The right-of-use asset is initially measured at the number of the lease liability, lease incentives received, adjusted for lease prepayments, the lessee’s initial direct costs such as commissions, and an estimated cost of dismantling restoration, and removal of an asset.

A lessee’s right to use an asset over the course of a lease is known as a right-of-use asset (ROU). it is calculated based on the lease liability, payments, costs, and incentives and It is an intangible asset that is recognized on the balance sheet.

To learn more about lease payments:

https://brainly.com/question/31444111

#SPJ4

Suppose you invest in 100 shares of Harley-Davidson at 540 per share and 210 shares of Yahoo at $25 per share the price of Harley-Davidson increases to $50 and the price of Yahoo decreases to $20 per share, what is the return on your portfoto? OA - 10.50% OB 1225 OC -5.20% OD -0.54%

Answers

The return on the portfolio, given the change in the value of the shares of Yahoo and  Harley - Davidson is D.  - 0. 54 %.

How to find the return on the portfolio ?

Initial investment in Harley-Davidson = Number of shares x Initial price per share

= 100 shares x $40/share

= $ 4, 000

Initial investment in Yahoo = Number of shares x Initial price per share

= 210 shares x $25/share

= $5, 250

Final value of Harley-Davidson investment = Number of shares * Final price per share

= 100 shares x $50/share

= $5, 000

Final value of Yahoo investment = Number of shares * Final price per share

= 210 shares x $20/share

= $4, 200

The return on the portfolio is calculated as:

Return = (Final Value - Initial Value) / Initial Value x 100%

= ( (  5, 000 + 4, 200 ) - ( 5, 250 + 4, 000 )) / Initial Value x 100%

= ( 9, 200 - 9, 250 ) / 9, 250 x 100 %

= - 0.54 %

Find out more on portfolio return at https://brainly.com/question/28018113

#SPJ4

Suppose on July 1st, the nominal interest rate is 10%, and the real interest rate is 2%. Considering the Fisher Effect, what can we say about the expected inflation rate, what can we say about the expected inflation rate?

a. Because of the Law of One Price, the two values will converge to parity by the end of the year.

b. We expect the inflation rate to be around 4%

c. We expect the inflation rate to be around 8%

d. We cannot say much about the inflation rate, but a stimulus check will help control the inflation.

Answers

Based on the Fisher Effect, we can conclude that the expected inflation rate is around 8%.Option c.

According to the Fisher Effect, the nominal interest rate is equal to the sum of the real interest rate and the expected inflation rate. In this scenario, the nominal interest rate is 10%, and the real interest rate is 2%. By rearranging the Fisher Equation, we can solve for the expected inflation rate.Nominal interest rate = Real interest rate + Expected inflation rate

10% = 2% + Expected inflation rate

Expected inflation rate = 10% - 2% = 8%

The Law of One Price, which relates to the concept of purchasing power parity, is not directly applicable to this scenario. It deals with the idea that identical goods in different countries should have the same price when expressed in a common currency. It is not directly related to the Fisher Effect or the determination of inflation rates.The statement about a stimulus check controlling inflation is unrelated to the Fisher Effect or the expected inflation rate.

The impact of a stimulus check on inflation depends on various factors such as the size of the stimulus, the overall state of the economy, and how the additional money is spent. Therefore, option d is not a relevant answer in this context. Option c.

for such more questions on  inflation

https://brainly.com/question/29515198

#SPJ11

2. What kind of good is it? Determine whether each of the following goods is a private good, a public good, a common resource, or a club good. Private Good Public Good Common Resource Club Good A new drum set for you to play in your friend's band' O O A large, beautiful fountain in a town square A dock on a lake that is open to the public O O

Answers

A new drum set for you to play in your friend's band: This is a private good.

A large, beautiful fountain in a town square: This can be categorized as a public good.

A dock on a lake that is open to the public: This can be classified as a common resource.

A new drum set for you to play in your friend's band: It is excludable, meaning access to the drum set can be restricted to specific individuals, and it is rivalrous, as one person's use of the drum set diminishes the availability for others.A large, beautiful fountain in a town square:  It is non-excludable, as it is accessible to the public without any restrictions, and it is non-rivalrous, as one person's enjoyment of the fountain does not diminish its availability for others.A dock on a lake that is open to the public: It is non-excludable, as it is open to the public, but it is rivalrous, as the capacity of the dock is limited, and multiple individuals using it simultaneously may lead to congestion or reduced availability for others.

To know more about private good, here

brainly.com/question/31433197

#SPJ4

--The complete Question is,  What kind of good is it?

Determine whether each of the following goods is a private good, a public good, a common resource, or a club good.

Private Good Public Good Common Resource Club Good

1. A new drum set for you to play in your friend's band'

2. A large, beautiful fountain in a town square

3. A dock on a lake that is open to the public--

An oil refinery finds that it is necessary to treat the waste liquids from a new process before discharging them into a stream. The treatment will cost $20,000 the first year, but process improvements will allow the costs to decline by $2,000 each year. As an alternative, an outside company will process the wastes for the fixed price of $10,000/year throughout the 11 year period, payable at the beginning of each year. Either way, there is no need to treat the wastes after 11 years. Use the annual worth method to determine how the wastes should be processed. The company's MARR is 5%.

Answers

Based on the annual worth method, it is more economical to treat the wastes internally rather than using the services of the outside company.

Calculating the annual worth of treating the wastes internally:

Cost of treatment in the first year: $20,000

Annual cost reduction due to process improvements: $2,000

Annual Worth = Cost of the first year + Annual cost reduction / Annual Worth Factor

Annual Worth Factor = (1 - (1 + MARR)^(-n)) / MARR

Annual Worth Factor = (1 - (1 + 0.05)^(-11)) / 0.05

Annual Worth Factor = 7.526

Annual Worth = $20,000 + ($2,000 / 7.526)

Annual Worth = $20,000 + $265.74

Annual Worth = $20,265.74

Annual worth of using the outside company:

Annual Worth (outside company) = $10,000

Since $20,265.60 > $10,000, the wastes should be treated internally.

For more information about annual worth method,

https://brainly.com/question/32628880

#SPJ4

Other Questions
5. use the integral representation of Jy(x) 1 XV Jv(x) = tixp (1 p2)v-dp (+1,0T ) p VT(v-3): 1 - To show that the spherical Bessel functions in (x) are expressible in terms of trigonometric functions, that is, for example, sin x sin x j.(x) = x ji(x) x2 COS X = = ) Fill in the blank El____ el carro azl.A. Elige B. Elije Question 1 (25 marks) - Capital Budgeting Deluxe Piano Company is planning to purchase a machine capable to do certain operations that are no performed manually. The machine will cost $35,000, and it In 1995, omega, a small firm manufacturing disk storage systems for personal computers, introduced a new product called the Zip Drive. This product, which was priced at around $200, allowed computer users to store up to 100 MB of data on small disks and access the data easily. The demand for the Zip drive surged ahead of the supply, and the company reported a rise in profits and an increase in the stock price.a. Given that the Zip Drive had no patent protection, what would you expect to happen in the market over the months following its introduction?b. If you were an analyst looking at Iomega as a firm, would you expect the surge in profitability to continue? Why or why not? A global sourcing manager for Delta Automotive wants to compute the total supply chain costs for automobile parts purchased from three different global suppliers. The data related to the supply chain . T/F. Attackers use zero day exploits more frequently than publicly known n-day exploits and, as a result, are more successful in their operations. Of all the animals admitted to the local pet hospital, 10 of them are dogs. They represent 25% of all the animals at the hospital. How many animals are at the hospital in total? A. 20 B. 30 C. 40 D. 50 Write the equation of the given line in slope-intercept form:(-1,2) and (1,-4) What message about bullying do you want your PSA to communicate?Write your message in a complete sentence. Hello people can someone help me I'm into this person and I sent him a picture of my self and he said ''You honestly dont look that bad'' can someone please tell me what it means when u a guy tells u that Find all the first derivatives of the function f(x,y) = x^0.9y^1.8. Show all of your steps with explanations of what you are doing. hey lol pls help b. if nancy is interested in maximizing her total revenue, she should produce pounds of beeswax. 1. When does someone enter the court system? Which of the following areas was NOT a location of Cold War conflicts?A. Southern AfricaB. Southeast AsiaC. Latin AmericaD. Middle East a person is almost in the anatomical position but the palms of their hands are facing to the posterior. what type of muscle would turn the palms of the hands to the anterior? x h(x)-25 6-13 0-3 -50 -79 -1111 -30What is the average rate of change of h(x) over the interval -13 < x < 11 ? Please help you can answer which ever ones you know!!!! a block of mass 3kg slides along a horizontal surface that has neglitjble friction except dor one section what is the magntiude of acerage frictional force exerted on the block by rough section of surface Use the distributive property to rewrite each algebraic expression 7(y+2) + (8+r) + 8(x + 9)