Team Tennis owns 40% of Best Racquets, Inc. and accounts for the investment using the equity method. During the year, Best Racquets reports a net loss of $2,400,000 and pays total dividends of $50,000.Which of the following describes the change in Team Tennis’s investment in Best Racquets during the year?Select one:A. The investment decreases by $980,000B. The investment decreases by $2,450,000C. The investment increases by $50,000D. The investment decreases by $735,000

Answers

Answer 1

The investment decreases by $980,000 if Team Tennis possesses 40% of Best Racquets, Inc. and accounts for the investment using the equity method.

Investment is an asset's consistency in achieving a value increase over time. Any current asset, including time, money, or effort, must be forfeited in order to invest. In the world of finance, investing is done with the goal of creating an instrument from the asset.

According to the given information available,

Owning Percentage = 40%

Net loss = $2,400,000

Total Dividend = $50,000

Investments = (Net Loss + Total Dividend) * Owning Percentage

Investments =  ($2,400,000 + $50,000) * 40%

Investments = 2,450,000 * 40%

Investments = 2,450,000 * 0.04

Investments = $980,000

Therefore, option A is correct.

To learn more about investment, visit the link below:

brainly.com/question/15104553

#SPJ4


Related Questions

in general, increased activity in the anterior cingulate cortex has been observed when participants perform tasks that have any of the following properties except

Answers

When participants do activities that contain any of the following characteristics, with the exception of requiring well-learned or automated responses, the anterior cingulate cortex generally exhibits higher activity.

A portion of the brain called the cingulate cortex is located in the medial section of the cerebral cortex. The entire cingulate gyrus, which is located directly above the corpus callosum, and its continuation in the cingulate sulcus are both parts of the cingulate cortex. Typically, the limbic lobe is thought to include the cingulate cortex. When participants do activities that contain any of the following characteristics, with the exception of requiring well-learned or automated responses, the anterior cingulate cortex generally exhibits higher activity.

It gets information from the neocortex and thalamus and sends signals to the entorhinal cortex through the cingulum. The limbic system, which is involved in learning, memory, and the development and processing of emotions, includes it as a key component.

Learn more about cingulate cortex here

https://brainly.com/question/4565946

#SPJ4

A hypothetical country has a surplus of $200 million in its budget for the fiscal year just ended. Several proposals have been examined for the use of this money, two of which are emerging as leading candidates for serious consideration. One of the favored projects is to use the entire surplus money for countrywide road repairs. This project is assumed to have an expected life of ten years. The alternative is a proposal to invest the entire $200 million in a long-overdue hazardous waste cleanup.
a. Using the net present value (NPV) approach evaluate the two projects using a 5 percent and 10 percent discount rate.
b. Would it make any difference which discount rate is used in the final selection between these two projects? Why, or why not?
c. If the discount rate is reduced to zero, Project 2 will be automatically chosen. Why? Does this provide a clue as to why discounting is pervasive on projects with long time horizons and whose net benefits or costs come toward the end of the projectsâ lifetime? What would be the implication of this for environmental projects, in general.

Answers

Every stage of the construction process has an environmental impact of a project the mining processes used to source materials, the transportation.

a)One of these materials to the construction site from all over the world, the construction process itself, and the waste removal and disposal process that follows completion. As a result, every building project produces carbon dioxide, methane, and other waste products that contaminate the air and are thought to contribute to global climate change.

b) The use of heavy machinery in mining operations that harvest raw materials from the Earth for use in construction projects is the most detrimental part of construction in terms of contributing to climate change. The worldwide cement sector accounts for around 5% of global CO2 emissions.

c) Fuel and electricity applications are also significant contributions; fossil fuels are used to extract and transport minerals, process materials, and even power tools on building sites.

To know more about environmental impact :

https://brainly.com/question/29638468

#SPJ4

TRUE/FALSE. if monopolistic competitors must expect a process of entry and exit like perfectly competitive firms, they will be unable to earn higher-than-normal profits in the short run. they will wish to cooperate to make decisions about what price to charge. they will wish to cooperate to make decisions about what quantity to produce. they will be unable to earn higher-than-normal profits in the long run.

Answers

If monopolistic competitors must expect a process of entry and exit like perfectly competitive firms, they will be unable to earn higher-than-normal profits in the short run is true.

What constitutes the ideal competition design?

A hypothetical market structure known as perfect competition has a large number of enterprises, each of which has an infinitesimally small portion of the market. If any company can make an economic profit in a market that is completely competitive, other companies will enter the market right away, reducing economic profit to zero.

Why is a perfect contest the best?

The presence of productive and allocative efficiency makes the perfect competition market preferable when compared to other forms of market structures, such as monopoly, monopolistic competition, and oligopoly.

To know more about Perfect Competition visit:

https://brainly.com/question/28325480

#SPJ4

The tax law requires that capital gains and losses be separated from other types of gains and losses. Among the reasons for this treatment are:
Long-term capital gains may be taxed at a lower rate than ordinary gains.
Capital losses that are short-term are not deductible.
Net capital loss is deductible only up to $3,000 per year for individual taxpayers.
a. and c.

Answers

The distinction between capital gains and losses and other types of earnings and losses is required by tax law, hence the correct option is (d) Both choices a. and care reasons.

Long-term capital gains are profits from the sale of assets you've owned for more than a year, and they are normally taxed at lower rates than short-term gains and ordinary income, ranging from 0% to 20%, depending on your taxable income.

Any loss may be offset by any capital gain generated during the same tax year, but only a maximum of $3,000 in capital losses may be offset by earned income or other sources of income during the year. The leftover capital loss can then be carried forward and offset by a capital gain of up to $3,000 each year, or it can be deducted in subsequent years up to that amount.

Only taxpayers who did not own a principal residence on the day the capital asset was transferred are qualified for this capital gains exemption.

Profits or gains that come from the transfer of a capital asset are referred to as capital gains and are subject to taxation under the "Capital Gains" section. capital asset definition.

The term "capital asset" refers to any sort of property that an assessee owns, regardless of whether it is connected to their business or area of work.

To know more about capital asset, click the below link

https://brainly.com/question/21987637

#SPJ4

The actual question is :

The tax law requires that capital gains and losses be separated from other types of gains and losses. Among the reasons for this treatment are:

a. Long-term capital gains may be taxed at a lower rate than ordinary gains.

b. Short-term capital losses are never deductible.

c. A net capital loss is deductible only up to $3,000 per year against non-capital income for individual taxpayers.

d. Both choices a. and care reasons.  

which of the following is considered a decision variable in the media selection problem of minimizing interview costs in surveying? group of answer choices the total number surveyed the number of people to survey in each market segment the overall survey budget the number of people to conduct interviews

Answers

The three audience measurements that advertisers typically use for both print and electronic media choices are audience size, audience demographics, and exposure distribution throughout the audience.

What factors affect the media selection?

Language variety, social class, literacy rate, cultural considerations, and legal restrictions are some of these elements. Additionally, they cover media accessibility.

What does choosing and planning media involve?

Media planning is the process through which marketers decide how, when, and where to communicate a specific advertising message to an audience. Media planners assess the target audiences, platforms, and advertisements to determine the most effective way to reach them.

To know more about electronic media selection visit:-

https://brainly.com/question/27881156

#SPJ4

Declaring a method final means:
A. it will prepare the object for garbage collection.
B. it cannot be accessed from outside its class.
C. it cannot be overloaded.
D. it cannot be overridden.

Answers

Declaring a method final means it cannot be overridden. Hence, option (D) can be regarded as the suitable answer choice.

Give a brief account on final method in JAVA.

In Java, the final method is the one that, once declared, cannot be altered or modified. As a result, we are unable to change a subclass' final method. A method is referred to as a final method in Java when the final keyword is used to declare it. The final method in Java cannot be overridden.

The final keyword tells the JVM to pay extra attention to the method and ensure that no one else can override it. If we attempt to override the final method in Java, we encounter a compilation issue. Every method that must have the same implementation throughout every class from which it derives must be specified as a final method.

To know more about, JAVA, visit :

https://brainly.com/question/12978370

#SPJ4

Non-capitalist economies around the world begin a phase of rapid economic development, construction and growth, becoming increasingly wealthy, as they begin to adopt more capitalist institutions, as in China, Russia, and the former communist countries of East Europe. Demand; Supply: Equilibrium Price: Equilibrium Quantity Exchanged: Which determinant changed?

Answers

a person who opposes capitalism, which is an economic and political order in which private owners, as opposed to the government, control property, businesses, and industries with the aim of profiting from them: The bulk of people are not capitalists.

Yes, there can be a free market without capitalism. As long as there are no coercive (forced) transactions or restrictions on transactions, it can exist under socialism. It can also occur in other types of communal/mutualistic communities, such those that existed among Native American tribes. The primary means of production are owned and managed by the state in a socialist economy. Worker cooperatives own and run the fundamental means of production in several socialist economic theories. Despite the existence of private capitalists and entrepreneurs alongside public and communal enterprise, the CCP believes that China is not a capitalist nation since the party still has control over the country's trajectory of socialist development.

To learn more about capitalism click the link below:

brainly.com/question/679709

#SPJ4

Generally, there are covenants between the borrower and the lender within a mortgage document. Which of the following is a mortgage covenant?
Agree to refinance only with the current lender.
Give the lender first right of refusal.
Move all checking and savings account to the lender's institution.
Pay any charges and assessments against the property.

Answers

A mortgage covenant in the following is "Pay any charges and assessments against the property."

Simply said, "promise" is another synonym for "covenant." Banks incorporate covenants in loan agreements to protect their status as lenders and to increase the possibility that a loan will be repaid by the borrower/business owner promptly, fully, and in compliance with the loan's terms and circumstances.

Loan covenants clearly state what the business owner commits to doing with regard to the capital structure of the company during the loan or line of credit's duration. These commitments made by business owners can vary, and while most loan papers include some of the instances of loan covenants discussed in this essay, not all of them do.

To learn more about mortgages, visit the link below:

brainly.com/question/29095062

#SPJ4

A financial institution has a higher degree of interest rate risk on a ____ than a ____.
a. 30-year fixed-rate mortgage; 15-year fixed-rate mortgage
b. 30-year variable-rate mortgage; 30-year fixed-rate mortgage
c. 15-year fixed-rate mortgage; 30-year fixed-rate mortgage
d. 15-year variable-rate mortgage; 15-year fixed-rate mortgage

Answers

A financial institution has a higher degree of interest rate risk on a  15-year fixed-rate mortgage than a  30-year fixed-rate mortgage.

What comprises a mortgage?

Principal, interest, taxes, and insurance make up the majority of mortgage payments. Your outstanding loan balance is reduced by the amount in the principal part. Borrowing money has a cost, which is interest. Both the interest rate and the loan balance affect how much interest you pay.

Is getting a mortgage wise?

It can assist you in earning money and raising your overall net worth when applied effectively. A mortgage is also one of the most affordable forms of debt. Interest rates are low, and you can pay even less after deducting your mortgage thanks to federal and state tax advantages.

To know more about Mortgage visit:

https://brainly.com/question/8084409

#SPJ4

Suppose that the United States and European Union are the only trading partners in the world. If the United States lowers import restrictions from the European Union, we would expect the: A) demand for euros to increase, appreciating the euro. B) demand for the dollar to increase, appreciating the dollar. supply of dollars to increase, appreciating the dollar. D) supply of euros to increase, depreciating the euro. 

Answers

Assume that the only two trading partners in the globe are the US and the EU. We would anticipate a rise in demand for euros and an increase in the value of the euro if the United States eased import restrictions from the European Union.

What impact does a higher level of currency fluctuation on the transaction's foreign currency have on the payment balance?

The exchange rate between a nation's currency and other currencies may change as a result of changes in its balance of payments. The opposite is also true when a change in the relative strength of a currency might affect a country's balance of payments.

Who determines which currency is used in each nation on earth?

Each nation chooses the currency it will employ. Treaties and other agreements signed by nations may in some situations control the choice of currency. For instance, the European Union's 28 members, 19 of them have ratified the use of the Euro as their official currency.

To Know more about European Union.

https://brainly.com/question/1683533

#SPJ4

how did you arrive at 0.044 as your smallest level of significance

Answers

0.04 < 0.044 < 0.4 < 0.404 < 0.44 < 0.444

Detailed explanation:

Initial number: 0.4, 4/10, 400/1000

Second digit = 0.04 = 4/100 = 40/1000

3. Number = 0.44, or 44/100, or 440/1000.

Fourth number is 444/1000, or 0.444.

Number five is 0.404, or 404/1000.

The sixth digit is 0.044, or 44/1000.

Having said that,

40 < 44 < 400 < 404 < 440 < 44

So,40/1000 < 44/1000 < 400/1000 < 404/1000 < 440/1000 < 444/1000

i.e., 0.04 < 0.044 < 0.4 < 0.404 < 0.44 < 0.444

What is initial number ?The Seller’s obligation to deliver the Initial Number of Shares to the Purchaser on the Initial Settlement Date is subject to the condition that the representations and warranties made by the Purchaser in the Agreement shall be true and correct as of the date hereof and the Initial Settlement Date.For each Transaction, the Initial Number of Shares; provided that on each Settlement Date, the Number of Shares shall be reduced by the number of Settlement Shares for such Settlement Date.

To learn more about Agreement refer to:

https://brainly.com/question/1835508

#SPJ1

you own a diversified investment portfolio and wish to hedge it against market declines. which one of the following would be best suited as a cross-hedge for this purpose? group of answer choices

Answers

You want to protect your diversified investment portfolio from market drops. The best cross-hedge for this use would be one of the following: selling S&P 500 index futures short (Section 14.5).

What a perfect hedge means Do perfect hedges usually produce better results than defective ones? Describe your response.

(2 markings) 4b) 4bi) A flawless hedge entirely removes the danger for the hedger. It's not always better to have a perfect hedge than a flawed one. It simply makes the result more certain. Think about a business that manages its exposure to asset price fluctuations.

How can risk be reduced with options and futures contracts?

Options trading provides a practical tool for investors to protect their portfolio from unexpected price drops. A trader can lower their risk exposure and make sure they can still sell their assets at a fair price even if the market moves against them by making an investment in long-term put options.

To Know more about  price fluctuations.

https://brainly.com/question/28239274

#SPJ4

A function of a(n) is to raise money to help elect individuals who regard their organization positively or to promote a particular issue related to their industry. (Enter the acronym in the blank.)

Answers

A function of a(n) PAC is to raise money to help elect individuals who regard their organization positively or to promote a particular issue related to their industry.

A political action committee (PAC) is an organization that raises money to be distributed to politicians that support the same concerns as the contributors. subsidy. A monetary payout or other sort of assistance provided by the government to an individual or organization.

A committee that accumulates funds to support or oppose politicians. PACs typically represent corporations, labor organizations, or ideological causes. A political action committee (PAC) of an organization raises funds from its workers or members and donates to parties and candidates on their behalf.

A PAC's principal aim is to generate and distribute monies in order to advocate for the political interests of its members.

For more information on  political action committee (PAC), visit :

https://brainly.com/question/29547526

#SPJ4

which of the following selection would not represent an order quantity (i.e., size of order)? group of answer choices O backorder inventory model. O none of the above. O economic order quantity model (eoq) production order quantity model (erl). O price discount model.

Answers

Backorder inventory model selection would not represent an order quantity

The key distinction between the production order quantity model and the fundamental Economic Order Quantity (EOQ) model is that the latter has no holding costs. The production order quantity model does not presuppose a known, steady demand.

The economic order quantity is the recommended number of units to buy to satisfy demand while reducing inventory costs such holding charges, shortage costs, and order costs (EOQ). This production-scheduling approach was developed in 1913 by Ford W. Harris and has since been improved. The economic order quantity formula takes into account constant costs for ordering, holding, and demand.

To know more about backorder inventory model

https://brainly.com/question/17204189

#SPJ4

Which area represents the consumer surplus resulting from the profit maximizing price charged by this monopolist? Select one: a. A + B b. A+B + C + D c. A+B+C+D+J d. J+H e. D + I

Answers

a. Consumer surplus is area below the demand curve and above the price.The monoplist price is 6.5. So, consumer surplus is area A+B

A price ceiling or floor differs from the other in that respect. The lowest cost for a good is known as a price floor. The most that can be paid for a good is known as a price ceiling. The legally mandated minimum price is referred to as a price floor. A supplier cannot ostensibly sell for less than this price, according to the price. On the other hand, a price ceiling refers to the highest price that is governed by the government. Suppliers of products and services with a price cap are not expected to sell above the specified upper limit.

Learn more about price here:

https://brainly.com/question/19091385

#SPJ4

what can you say about the relationship between the equilibrium price, and marginal cost and marginal revenue? what does this imply in terms of competition in this market?

Answers

The additional cost a company faces when producing one more good or service is known as the marginal cost. The additional rise in revenue that a company experiences after producing one more good or service is known as marginal revenue, on the other hand.

In general, marginal revenue tends to decline as production rises for any given level of customer demand. There is no economic gain in equilibrium since marginal revenue and costs are equal on a marginal basis. In the real world, markets never reach equilibrium; instead, they simply gravitate to an equilibrium that is constantly shifting. Marginal revenue for a company with perfect competition is the same as average revenue and pricing. This suggests that at values bigger than the average variable cost, the firm's short-run supply curve is its marginal cost curve. If the price falls below the average variable cost, the company shut down.

To know more about Marginal cost: https://brainly.com/question/11689872

#SPJ4

Which of the following refers to how quickly or easily a given brand name comes to mind when a product category is mentioned
Brand Awareness refers to how quickly or easily a given brand name comes to mind when a product category is mentioned.

Answers

"Top-of-mind awareness" in marketing refers to a brand as well as specific product coming to clients' minds first when they think of a certain industry or category.

What is a sample of a product category?

Product categories are groups of goods that share a common set of advantages. Products belonging to the exact product category will also have comparable physical characteristics and advantages. For instance, premium automobiles like the BMW, Mercedes, as well as Audi compete with one another in this market segment.

What four new product categories are there?

The four main types of new product developments include new to the firm, bettering an existing product, extending the product line, and new to the market.

To know more about product category visit:

https://brainly.com/question/15184058

#SPJ4

Refer to Exhibit 3-2. Suppose equilibrium is at point C. Something then changes and equilibrium becomes point B. Which of the following is consistent with the change in equilibrium from point C to B (assuming that good X is a normal good)? a. There was a decrease in resource prices and income stayed constant b. There was an increase in resource prices and income stayed constant c. There was a decrease in resource prices and income increased d. There was an increase in resource prices and income decreased

Answers

The balance is at Point C. In the aftermath of an event, equilibrium moves to point B. Given that good X is a typical good, the movement in equilibrium from point C to point B is reasonable.

What exactly is balance?

To achieve equilibrium, market supply and demand must be equal, which leads in stable price. In general, prices drop when there is surplus of goods or services, which raises demand, whereas they rise when there is a shortage, which lowers demand.Equilibrium is critical for a market to be simultaneously efficient and balanced. Given that it is keeping a balance between the quantities supplied and demanded, a market cannot vary from its price and quantity equilibrium.

To learn more about equilibrium refer to:

https://brainly.com/question/28527601

#SPJ4

suppose the government forces the cable company to set its price equal to marginal cost. under this regulation, in the long run, the cable company will suppl

Answers

Suppose the government establishes a price regulation. The link organization will supply Q2 link memberships.

At MR = MC, where Q1 units are produced, profit is maximized without government regulation. At the point where the D and ATC curves meet, the government sets average cost pricing. Q2 units are made at the intersection point.

A natural monopoly is a situation in a market where barriers to entry prevent more than one company from entering the market.

Economies of scale and ownership of a crucial natural resource are the barriers to entry that lead to a natural monopoly. Government regulation can control the market to prevent price discrimination, but it cannot induce market entry or exit.

With no government pricing regulation, the equilibrium quantity for profit maximization is 25,000 households per month at a price of $35.

To learn more about natural monopoly here:

https://brainly.com/question/29765560

#SPJ4

Full Question = Suppose the government sets a regulatory price using the average-cost pricing rule. Under this regulation, the cable company will supply Q3 cable subscriptions . With this price regulation and without a government subsidy, the cable company will shut down in the long run.

Employer liability for employee injuries, accidents, or wrongs is largely dependent on whether the employee was _____ at the time of the incident in question.
A. aware of her wrongdoing
B. full-time
C. on the job
D. legally competent

Answers

On the job. This is the necessary response to the posed question (C).

What are the liabilities of employer on accident?

The employer is responsible for providing compensation to such an employee if an accident-related injury results in his permanent or partial disability for a length of time longer than three days. Under the Act, a permanent or partial disability has been Act[5].

The following responsibilities must be met by an employer if a worker is hurt at work: provide first assistance and medical attention Wherever necessary, an employer has a primary duty to offer urgent first assistance and medical care. Your employer has a responsibility to keep you safe and to inform you of health and safety risks that concern you.

To know more about liabilities of employer, visit:

https://brainly.com/question/18915191

#SPJ1

question 1 a magazine wants to understand why its subscribers have been increasing. a data analyst could help answer that question with a report that predicts the result of a half-price sale on future subscription rates. 1 point
TRUE OR FALSE

Answers

A data analyst could help answer that question with a report that predicts the result of a half-price sale on future subscription rates- false.

What is data analyst?

In order to find relevant information, support inferences, and help decision-making, data analysis is the process of analyzing, cleaning, manipulating, and modeling data. Data analysis is utilized in several fields of business, science, and social science and has many dimensions and methodologies. It includes various techniques and goes by many different names. Data analysis contributes to more scientific decision-making and more efficient business operations in the modern business world. Data mining is a specific type of data analysis that concentrates on knowledge discovery and statistical modeling for predictive as opposed to purely descriptive purposes. Business intelligence refers to data analysis that heavily relies on aggregation and is primarily concerned with business information. While CDA focuses on verifying preexisting assumptions, EDA focuses on finding novel features in the data.

To know more about data analyst visit:

https://brainly.com/question/28893491

#SPJ4

In this Decision Point activity, you began to explore game theory: specifically, how your outcomes are dependent not just on your own choices, but also on the reactions of competitors. Use what you learned from this decision point, and information from the chapter to answer the following question. Suppose Nike and Adidas are considering whether to develop new advertising campaigns. For each pair of strategies, the blue triangle shows Nike's payoff and the yellow triangle shows Adidas's payoff, in billions. Use this information to complete the sentences. The best outcome for Nike is to choose Nike's choices not to advertise and for Adidas to Advertise Do not advertise choose to advertise $6b -$3b If Adidas chooses not to advertise, their best result will happen if Nike chooses Advertise $6b $14b to advertise Adidas's choices The Nash equilibrium for this advertising game is $14b $10b for Nike to choose to advertise Do not advertise and for Adidas to advertise -$3b $10b Answer Bank

Answers

If Adidas decided not to advertise, it would be the best outcome for Nike. The commercial impact of Nike's choice to not advertise will be greatest if Adidas chooses not to market.

What sentence would be appropriate for the outcome?

The best way to phrase your sentence with the term "outcome" This was the only conclusion we could agree on. You'll likely be happier with the outcome this evening. We alone are in a position to influence how this plays out.

What does a negative outcome imply?

Negative effects include deterioration and failing to uphold or advance. Even if the faulty behaviour has no visible negative consequences, failing to follow a criterion nevertheless counts as a defect. The focus on results is not common in standards.

To know more about advertise visit:

https://brainly.com/question/3163475

#SPJ4

when you take a multiple-choice test, you are relying on , because you are comparing the information in front of you to that which is already stored in your long-term memory. a. encoding
b. recognition
c. storage
d. the stroop effect?

Answers

In order to select the right response on a multiple-choice exam, you must rely on recognition, a technique for drawing knowledge from your long-term memory storage system.

Recognizing, encoding, and storing Stroop's influence recognition which answers are incorrect while completing multiple-choice questions is incredibly beneficial. This is based on knowledge that has been permanently preserved in the long-term memory. A type of computer-controlled equipment known as automated storage and retrieval systems (ASRS or AS/RS) quickly, accurately, and automatically deposit and retrieve loads from predefined storage locations in a facility. The retrieval function is one of the most important components of an information retrieval system. For a user-submitted query, the retrieval function is used to determine how comparable the results are.

To learn more about recognition please click on below link

https://brainly.com/question/9311970

#SPJ4

2. If Canada spends 20 hours producing a refrigerator and 10 hours producing a stove, and France spends 12 hours producing a refrigerator and 5 hours producing a stove, which of the following are true?
Select the correct answer below:
a. Canada has an absolute advantage in producing refrigerators
b. Canada has absolute advantage in producing stoves
c. Canada has absolute advantage in producing both goods
d. France has absolute advantage in producing both goods

Answers

A country has an absolute advantage over another country in producing a good if it uses fewer resources to produce that good. Hence, option(A) is correct.

How does absolute advantage work?

Absolute advantage is the capacity of a person, business, area, or nation to produce more of an item or service with the same amount of inputs per unit of time than its rivals or to generate the same amount of a commodity or service with fewer inputs per unit of time.

The ability of a party to provide an item or service more efficiently than its rivals is known as the principle of absolute advantage in economics. The idea of absolute advantage was initially put forth in the context of international trade by Scottish economist Adam Smith in 1776, using labor as the only input.

To learn more about absolute advantage, visit:

https://brainly.com/question/13221821

#SPJ4

Pharoah Construction Company had a contract starting April 2021, to construct a $23200000 building that is expected to be completed in September 2023, at an estimated cost of $21200000. At the end of 2021, the costs to date were $8056000 and the estimated total costs to complete had not changed. The progress billings during 2021 were $4000000 and the cash collected during 2021 was 3120000. Pharoah uses the percentage-of-completion method.
For the year ended December 31, 2021,Pharoah would recognize gross profit on the building of:
O $694483.
O $13144000.
O $760000.
O $0.

Answers

Calculation of Recognized Gross Profit for the Year 2021:

(Cost incurred in 2021 / estimated cost to finish) times 100 equals the percentage of completion in 2021.

Cost for 2021 is $8056000.

$21200000 is the estimated total cost.

Completed percentage in 2021 equals ($8056000/$21200000) x 100, or 38%.

Revenue Acknowledged in Year 2021 = Contract Revenue x Completion Rate

Revenue = $23200000 x 38%

Revenue = $8816000

Gross Profit is calculated as Revenue for the year 2021 less Cost for the year 2021.

Gross Profit = $8816000 - $8056000

Gross Profit = $760000.

A company's gross income is another name for its Gross Profit. A company's gross profit is its profits after deducting its cost of goods sold (COGS) from its total revenue.

Gross Profit is a statistic used to assess a company's efficiency in producing and providing its goods and/or services. The more effectively a corporation is using its resources, the higher the gross profit.

Typically, only variable expenses are taken into account when determining gross profit from cost of goods sold (COGS). Variable expenses are those that are directly related to output (like material and shipping costs). Gross profit is unaffected by fixed costs (such as rent and insurance).

To learn more about Gross Profit, please refer:

https://brainly.com/question/16999019

#SPJ4

FILL IN THE BLANK a ________is a collection of databases that contain current and archived data used for research and analysis purposes rather than to manage day-to-day business transactions such as inventory control or payroll data

Answers

A database warehouse is a group of databases.

What exactly does warehousing mean?

The practice of storing goods for later sale or distribution is referred to as warehousing. In contrast to smaller businesses, which may store their goods in a spare room, basement, or garage, larger organizations frequently buy or rent space in a building that is especially designed for storage.

What serves as a warehouse's purpose?

Materials or supplies are kept at a warehouse until they are moved to another location. However, there are a number of auxiliary uses for storage that can increase the amount of usable space in a warehouse.

To know more about warehouse visit:

https://brainly.com/question/15968192

#SPJ4

which of the following statements accurately describe the similarities and differences between mortgage bankers and mortgage brokers? check all that apply. mortgage brokers are often able to reduce the loan-shopping time, hassles, and red tape for their customers. although mortgage brokers often appear to work on behalf of their borrowing customers, they are ultimately paid by the mortgage lender. many mortgage bankers ultimately sell the mortgages that they create.

Answers

These descriptions of the similarities and distinctions between mortgage bankers vs mortgage brokers are all accurate.

Authenticity of mortgage brokers:

Mortgage brokers are authorized and qualified financial experts who handle a lot of the grunt work. They collect your paperwork, check your credit report, and confirm your employment and income. With this information, they can help you quickly apply for credit and negotiate terms.

Do mortgage brokers run a credit check on you?

Simply said, lenders do not take into account one of the Credit Ratings you have seen online. Instead, mortgage brokers will carefully examine the data on your credit report as well as application information like your income, expenses, and down payment, for example, to determine your trustworthiness and affordability.

To know more about mortgage brokers visit:

https://brainly.com/question/15351758

#SPJ4

tis the business od little minds to shrink; but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death

Answers

Figurative language, which deviates from the usual sequence and meaning of words in order to express a complex meaning, colourful writing, clarity, or emotive contrast.

What is Figurative Language?Figurative language is when words are used in a way that differs from their usual sequence and meaning in order to express a complex meaning, colourful writing, clarity, or emotional comparison.Figurative language refers to wording that deviates from the literal meaning of words in order to convey a message or make a point. Originally from the Old French term "figuratif," which means "metaphorical," this definition originates to the middle of the nineteenth century.Figurative language refers to the use of words in a way that differs from their usual sequence and meaning in order to express a complex meaning, colourful writing, clarity, or emotional contrast.

Complete question :

“’Tis the business of little minds to shrink; but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death. My own line of reasoning is to myself as straight and clear as a ray of light.” In this excerpt, Paine uses figurative language to

Explanation :

When he says, "My own line of reasoning seems to me as straight and clear as a ray of sunshine," he is employing a like-/-as example. If the sun's light is being used as a metaphor for purity or intellect, then he is implying that he is highly rational and aware of what is happening. He is willing to die for what he believes in because he understands what he stands for and, as he said, "would follow his convictions till death."

Learn more about Figurative language refer to :

https://brainly.com/question/809737

#SPJ4

TRUE/FALSE. businesses that pay attention to environmental details show employees that they care about guest's satisfaction and service quality, but not necessarily their own employee satisfaction..

Answers

Businesses that pay attention to environmental details show employees that they care about guest's satisfaction and service quality, but not necessarily their own employee satisfaction. This statement is true

How can service providers assist clients in managing information overload?

Utilizing cues like odors or noises that bring back memories to help visitors respond appropriately to a service setting is one technique to assist them cope with information overload. The employees' dress at the hospitality company contributes to the atmosphere.

The hotel management agrees to guarantee the protection of guests, including their lives, health, and property, in addition to offering comfortable lodging and assurances of restful sleep. Because of this, the area of hotel security and safety requires the strictest oversight.

To know more about employee satisfaction, refer:

https://brainly.com/question/13919087

#SPJ4

based on the graph, what would be the current point of equilibrium in the economy when an expansionary combination of fiscal and monetary policies is needed for the economy to reach full-employment equilibrium?

Answers

If fiscal policy is expansionary while monetary policy is contractionary, the interest rate will surely increase; since both actions serve to increase interest rates. If fiscal policy is contractionary while monetary policy is expansionary, the interest rate will surely decrease.

How did this occur?

A central bank's purchase of Treasury securities, a reduction in the interest rate on bank loans, or a relaxation of the reserve requirement are all examples of expansionary monetary policy. These activities all result in higher money supply and lower interest rates.A type of macroeconomic policy known as expansionary, or loose policy, aims to promote economic growth. Monetary policy or fiscal policy are both examples of expansionary policy (or a combination of the two).

To know more about policy here

https://brainly.com/question/29891219

#SPJ4

Answer:

Point C

Explanation:

Point C is to the left of the LRAS indicating a recessionary gap and need for expansionary policies.

Other Questions
answer the question pls What reaction does a vitamin KH2-dependent enzyme catalyze? View Available Hint(s) O It decarboxylates the y-carbon of a glutamate side chain. O It carboxylates the y-carbon of an aspartate side chain. O It carboxylates the ycarbon of a glutamate side chain. O It carboxylates the ycarbon of a glutamine side chain. O It carboxylates the P-carbon of a glutamate side chain. Submit PartQ CoASH is used to activate carboxylic acids. What type of compound is formed between CoASH and a carboxylic acid? View Available Hint(s) O anhydride O thioether O amide O thioester O mixed anhydride with phosphate Submit Part H What role does ATP play in biotin-dependent enzymes? O It puts a good leaving group on bicarbonate. O It provides a strong base. O It provides a strong nucleophile. O It delocalizes electrons It reduces bicarbonate. Submit Request Answer Part F TPP is the coenzyme required by pyruvate decarboxylase. What product is formed in that reaction? View Avallable Hint(s) O acetaldehyde O butanal O formaldehyde O acetone O propanal Submit What candy is the stickiest? What are price floors used for? Describe a situation that would benefit from the use of a standardized recipe rather thana regular recipe. Then explain and evaluate how and why this situation benefits fromusing a standardized recipe and what the purpose of standardized recipes are. It is a good idea to begin a paragraph with a quotation.a. Trueb. False Explain why stains would be removed faster with detergent in water at 35degrees celsius rather thab at 15 degrees celsius Rohit earns rupees 1500 and spends rupees 1250 per month. Find the ratio between his:a) savings and expenditure b) expenditure and income c) income and savings What type of asexual reproduction is snail? all of the following are associated with physical activity except configure the branchvpn2 server to accept vpn remote access connections. set the internet connection for the vpn server to public. configure the vpn server to assign addresses to clients in the range of 192.168.200.200 to 192.168.200.250. use routing and remote access for authentication. configure the vpn server to accept only 15 vpn connections that use the sstp port. disable remote access for all other port types (l2tp, pptp, and ikev2). Which type of food should be stored under low temperature control? Suppose continuous random variable Y has cumulative distribution function FY (y), and densityfunction fY (y) > 0. Let random variable U = FY (Y ), find the density function of U, and identify itsdistribution (name and parameter(s)) if possible. what does it mean to integrate a group of people into society 1. define mixtures with examples. 2. mentions the types of mixtures, define them and give 2 examples for each (Include colloids and suspensions too). What is the solution and how do I solve this step by step? What are the 2 ways of storing fish? PLEASE HELP ASAPThree key features of a linear function are described as shown. The graph of the function has a y-intercept of (0, 3) . The function is increasing over its entire domain. The x-intercept of the function is (-4, 0). Please help 90pts! :DFind the product of 6b(2 over 3b).20 over 3b4b23 over 3 b24b2 Kara is flying to Hawaii. If her packed suitcase weighs more than 50 poundswhen she checks in at the airport, she will have to pay a fee. Her empty suitcaseweighs 11.3 pounds, and she has to pack all her camera equipment, whichweighs 14.25 pounds. To stay under the weight limit, what is the maximumpossible weight of her other packed items?