Answer:
B. Business risk
Explanation:
Business risk is any risk a business or organisation faces that might reduce its profits. Business risk is specific to the company. Business risk can be diversified. E.g. changing tastes, likes and dislikes, strikes etc
Market risk is any risk a business or organisation faces that is as a result of the performance of the overall financial market the company operates in. Market risk cannot be diversified.
Opportunity cost is the cost of foregoing other options when one option is chosen over other options.
I hope my answer helps you.
Each of these statements is true about the net worth methods for determining embezzled amounts except:a. The net worth method generally understates amounts stolen.b. Much of the information necessary for determining an individual's assets, liabilities, living expenses, and income is available through public searches.c. Courts are generally suspicious of dollar amounts determined by the net worth method because courts realize that the net worth can only provide approximations of the amount stolen.d. The net worth method is useful for obtaining confessions from suspects during interviews or interrogations.
Answer:
The Correct answer is C "Courts are generally suspicious of dollar amounts determined by the net worth method because courts realize that the net worth can only provide approximations of the amount stolen."
Explanation:
There is always suspicion from the court on the dollar amounts derived from using the net worth method, and this is because courts have been able to understand that the net worth method does not have the potential to calculate the exact stolen amount, but only provide estimations and approximates of the main amount.
Asahi, an active partner in the Sora-Wilson partnership, receives an annual bonus of 20% of partnership net income after deducting the bonus. For the year ended 2017, partnership income before the bonus was $150,000. Asahi should receive a bonus of___________.
Answer:
$25,000
Explanation:
Let x = partnership income after deducting bonus
Bonus = 20% of x = 0.2x
Partnership income before bonus = x + 0.2x
= 1.2x
If partnership bonus = $150,000
1.2x = $150,000
x = $150,000/1.2
x = $125,000
Asahi's bonus = 0.2x
= 0.2 ×$125,000
= $25,000
When a pharmaceutical company introduces a new drug, its research and development costs are ______, and the cost of the chemicals used in manufacturing the drug are ______. Multiple Choice
start-up costs;
fixed costs fixed costs;
start-up costs start-up costs;
variable costs marginal costs;
variable costs
Answer:
Start-up cost; variable cost
Explanation:
Start-up cost is the cost incurred in developing a new product. It is a one time cost that is incurred only at the time of creating something new. Start-up cost includes borrowing cost, research and development cost and expenses incurred on technology.
Variable costs change with the change in units of output produced. Cost of chemicals depend on the amount of drugs produced. So, research and development cost is start-up cost and cost of chemical is variable cost.
On June 1, 2019, Brady purchased an option to buy 1,000 shares of General, Inc. at $40 per share. He purchased the option for $3,000. It was to remain in effect for five months. The market experienced a decline during the latter part of the year, so Brady decided to let the option lapse as of December 1, 2019. On his 2019 tax return, what should Brady report?
Answer:
Brady should report a short term capital loss of $3,000.
Explanation:
Short term capital losses are financial losses resulting from the sale of an asset that you have held for less than a year. If the loss results from the sale of an asset that was held for more than a year it is considered a long term capital loss.
Tiana is having a garage sale and notices that someone seems interested in buying a lamp. Tiana approaches the person, suggests a price of $5, and the person quickly agrees. Tiana suddenly wonders if she could get more money for the lamp, so she tells the person that she should check with her husband before selling the lamp. Tiana goes into her house, waits a minute, then returns, saying that her husband will only sell the lamp for $15. Tiana is using a sales strategy known as the _____ technique.
Answer:
Low balling technique
Explanation:
Low balling technique
Low balling technique is a tactics which is implemented to know the mood of the buyer or to get ready the buyer by offering low price of the item than he/she is expecting and then suddenly increase the price of item
in the given question, tiana who want to sell garage for $5 but after observing the mood of interested buyer she changed her mind from$5 to $15 for the same garage.
Tom, Mary and Jill have apartments in the same building. A security system for their building costs $750. Tom is willing to pay $100 for the security system, Mary is willing to pay $300 and Jill is willing to pay $300. They have a meeting to vote on whether to pay $250 each for the security system. At least two of them must vote for the system to be installed before the vote is passed. The efficient outcome is to have the security system installed. After the meeting the security system will __________, which illustrates ___________.
Answer:
After the meeting the security system will be installed which illustrates free rider problem.
Explanation:
Free Rider:
A person is called a free rider who wants other people to pay for the things that are beneficial to the public but also make plans to use those things for personal gains.
Free Rider Problem:
It is such a situation in which everyone enjoys the benefit of the effort of a person. Like if a person cleans the rubbish from the street then it is good for everyone so everyone get the benefit from his effort.
In this question, as one person is willing to pay less as compared to others, which illustrate a problem of free rider because a person wants to pay less for the public good (security camera) but wants to enjoy this facility.Answer:
be installed,
It illustrates the free rider problem
Explanation:
The free rider problem is the strain on a shared resource that is generated by individuals that don't pay their fair proportion for it or pay nothing at all by its use or overuse.
In any group, large or small, the free rider problem can occur.
In such an urban environment, a council will discuss whether and how to pressure suburban drivers to help maintain their roads and sidewalks or defend their police and fire departments.
A public radio or television station devotes airtime to crowdfunding, aiming to attract contributions from non-contributing listeners.
Assume that the company that John and Tina work for wants to give the $50 million to the political campaigns. Which of the following is true?
Answer:
The correct answer is (d)
Explanation:
The first amendment has given political parties the right to speak and do political campaigns, and it had restricted government to stop them. Overall, the first amendment right is protecting political speeches and political campaigns. So, yes the first amendment right has demoted all the limits which restricted political parties to get funds from corporations.
The cost of an asset is $ 1,020,000, and its residual value is $ 100,000. The estimated useful life of the asset is ten years. Calculate depreciation for the first year using the two minus declining minus balance method of depreciation. (Do not round any intermediate calculations, and round your final answer to the nearest dollar.)
a. $ 204.000
b. $ 92.000
c. $ 102. 000
d. $ 184.000
The depreciation for the first year using the two minus declining minus balance method for an asset with a cost of $1,020,000, a residual value of $100,000, and a useful life of 10 years is $184,000.
The double declining balance method of depreciation is an accelerated depreciation method that multiplies an asset's book value by a depreciation rate. The standard depreciation rate for this method is twice the rate of the straight-line depreciation for the same asset. The formula for calculating the first year's depreciation using the double declining balance method is:
Depreciation Expense = 2 x (1 / Useful life of the asset) x (Cost of the asset - Salvage value).
Given the asset's cost of $1,020,000, a residual value of $100,000, and an estimated useful life of 10 years, we apply the formula as follows:
Depreciation Expense = 2 x (1 / 10) x ($1,020,000 - $100,000).
The depreciation expense for the first year would be:
Depreciation Expense = 2 x 0.1 x $920,000
Depreciation Expense = $184,000
Therefore, the correct answer for the depreciation expense for the first year using the double declining balance method is $184,000.
If your receive $1,000 at the end of each month, then after one year of inflation at 10% your monthly income in real (purchasing power) terms is only $________.
A. 100
B. 10
C. 900
D. 1000
Answer:
The correct answer is C. 900 dollars
Explanation:
Inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. Due to inflation the purchasing power of currrency decrease. In other words there is an inverse relationship between inflation and purchasing power of money.
In this problem requires us to calculate real income. This can be calculated by dicounting income with the help of formula given below
RI (DF) = 1000 (1+10%)^-1 = 900
Seth did menial work—mostly house cleaning—when he could find it. He had been homeless for a year, and since then simply did not have a good enough employment record to find a regular job. He relied on welfare, a subsidized rental, food stamps, and even the occasional visit to a food pantry to supplement his work income. In terms of class, Seth would belong to the __________.
Answer: Under class
Explanation:
According to the question, Seth belongs to the under class as in the class hierarchy the underclass is one of the segment that belongs to the lowest position.
The people who belongs to the lowest or the bottom position in the society and also become the victim of the poverty in the society.
The underclass people are also comes under the economical weak section and they also lack of the educational and the social skills.
Therefore, Underclass is the correct answer.
Seth would belong to the underclass, which is the lowest tier in the class system, characterized by low income, menial jobs, reliance on welfare, and sometimes homelessness.
Explanation:Seth's situation—relying on welfare checks, subsidized housing, food stamps, and the assistance of food pantries—places him in the sociological category of the underclass. The underclass is considered the lowest tier in the United States' class system, often characterized by unemployment or underemployment and performing menial tasks for low compensation. Members of the underclass can include those who are homeless and those who primarily depend on the welfare system for support, which provides food assistance, medical care, and housing. While the working poor also have unskilled, low-paying jobs, they differ from the underclass in that they may have some steady employment, albeit without benefits and often seasonal or temporary.
Sandy Bayes works at Hilton Brews as a senior sales executive and manages all the key national accounts of his company. His job involves ensuring that key customers receive the best service from Hilton Brews. Sandy is also responsible for acquiring new customers with high consumption needs on a nation-wide basis. Despite his lack of product specialization in all the product lines, Sandy is hired for this position because of his excellent interpersonal skills. Hilton Brews has most likely adopted a ________ sales-force structure.
A) product
B) team-based
C) territorial
D) market
E) complex
Answer:
D) market
Explanation:
The market-based structure is where an organization's divisions are predicated on markets, sectors or types of customers.
The market-based structure is suitable for such an organization with goods or services distinctive to specific target sections and seems to be especially effective if it has advanced knowledge of all those sections.
The organisational structure often holds the company in its various customer segments continually informed of changes in demand.
The correct option is C. In its sales-force structure, Hilton Brews most likely adopted a territorial approach, as indicated by Sandy's responsibility for managing national accounts and acquiring new customers on a nation-wide basis.
Hilton Brews has likely adopted a territorial sales-force structure. In this structure, salespeople are assigned to specific geographic areas where they are responsible for managing all sales activities within that territory. This approach is suitable for Sandy's role, as he manages key national accounts and focuses on providing the best service to customers within his territory, regardless of the specific products they are interested in.
Here's the reasoning behind the other options and why they are less likely:
A) Product: This structure is characterized by salespeople specializing in specific product lines. Since Sandy lacks product specialization in all the product lines, this option is not suitable.
B) Team-based: In a team-based structure, teams of salespeople with different skills work together to serve customers. While this structure can be flexible and responsive to customer needs, it is typically used for complex sales processes involving large customer accounts, which does not seem to be the primary focus of Sandy's role.
D) Market: A market sales-force structure is one where salespeople focus on specific market segments or industries. Sandy's role does not indicate a focus on a particular market segment; instead, he is responsible for acquiring new customers with high consumption needs on a nation-wide basis, which suggests a broader territorial approach.
E) Complex: A complex sales-force structure is a hybrid of the other structures, tailored to the specific needs of the company. While it's possible that Hilton Brews could have a complex structure, the description of Sandy's role does not provide enough evidence to suggest that this is the case. The focus on territorial management is the most distinctive aspect of Sandy's job, making option C the most appropriate choice.
Therefore, the territorial sales-force structure is the most fitting for Sandy's role at Hilton Brews, as it aligns with his responsibilities of managing key national accounts and acquiring new customers within a specific geographic area.
Veronica buys a laptop from a local salesperson, but it turns out to be defective. She tells her friends and relatives about the poor performance of the laptop. From the perspective of the salesperson, this is an example of: a sneak attack. routing. a lead disqualification. browbeating. a negative referral.
Answer: A negative referral.
Explanation: Veronica has given a negative report of the laptop she bought from local salesperson to her family and friends therefore a negative referral has been given about the salesperson, which would discourage the family and friends from buying things from that local salesperson in the future.
Veronica telling her friends and relatives about the defective laptop she bought from a salesperson is an example of a negative referral. Negative referrals can influence potential customers negatively and damage a business's reputation.
Explanation:From the perspective of the salesperson, Veronica telling her friends and relatives about the poor performance of the laptop would be considered a negative referral. A negative referral occurs when a dissatisfied customer shares their negative experience with potential customers, thereby influencing their perceptions and potentially their buying decisions. In contrast to formal advertising or proactive word-of-mouth promotions by satisfied customers, negative referrals can significantly damage a business's reputation and sales.
Bernie wants to go into the business of construction contracting. Among the reasons that would probably convince Bernie to set up his business as a sole proprietorship would be a. its greater flexibility. b. its limited liability. c. its perpetual existence. d. the ease of transferring the business to other family members.
Answer:
a. its greater flexibility
Explanation:
A sole proprietorship is A form of legal business structure owned by only one person. The liabilities of the owner is unlimited. It is usually flexible as decisions are made and approved by the owner.
A sole proprietorship doesn't usually have perpetual existence. It usually ends when the owner dies. It is not easy to transfer shares to other family members.
A sole proprietorship gives the owner the opportunity to be involved in the day to day running of the business.
I hope my answer helps you.
There is no correlation between the industrial revolution and social economic changes.
Answer:
False
Explanation:
The industrial revolution resulted in higher standards of livings, better jobs for the working class, and generally speaking a much more comfortable life for most of society's members.
Manufactured products started to lower their prices since total output increased, and common middle class working people were able to purchase them.
European nations became dominant, especially the United kingdom. For the first time in history, China was not the most powerful nation in the world.
The positive effects of the industrial revolution were felt by the middle class, factory owners, business people (bourgeoisie), landowners and governments.
Of course not everything was good, a lot of negative effects came along with the industrial revolution. When cities started to grow due to migration from the countryside to large cities, slums were created, child labor became common and the differences in educational level increased. Working conditions in the factories were not that good either, with long hours and conditions that would currently be considered inhumane.
In a comparative market analysis, the subject property has 2 bedrooms, 2 baths, a 1/2 acre lot and a swimming pool. A $115,000 comparable has 2 bedrooms, 1 bathroom, no pool, a 1/2 acre lot, and a screened porch. The appraiser adjusts by $9,000 for the bath, $11,000 for the pool, and $5,800 for the porch. What is the indicated value of the subject?
Answer:
129200 dollar
Explanation:
subject property has 2 bedrooms, 2 baths, a 1/2 acre lot and a swimming pool
The given property
= 2 bedrooms, 1 bathroom, no pool, a 1/2 acre lot, and a screened porch
additional 1 bath room , one pool minus a screened porch will make it similar to subject property
So indicative value of the subject
= 115000+9000+11000-5800
= 129200 dollar.
Aiden Brent, an international tennis player, owns a multinational chain of sports shops named Brent Deuce. The company is popular and gets the attention of sports enthusiasts because of its brand name and ownership. Which of the following marketing strategies does this scenario best illustrate?A. People marketing
B. Place marketing
C. Event marketing
D. Idea marketing
Answer: People Marketing
Explanation: People Marketing involves creating products that are geared towards meeting the exact needs of customers, tailoring the products towards what the consumers desire.
The company know their fans are sports lovers, therefore they make their products to suit their fan-base and what the fans love that is sports related items.
A Bathtub model of the start of the Great Depression would show the water level becoming lower with Investment inflow being less than Savings leakage and, therefore, quantity of AD being ______________ quantity of AS..
Answer:
LESSER THAN
Explanation:
During the Great Depression, it was a period of recession that meant that investments were low and less than savings which meant that 'household' was unwilling to invest its money as it had lost confidence in the American economy. This will lead to Aggregate Demand being Lesser than Aggregate Supply as consumption fell drastically during the great depression
Producer surplus is
A) current market price.
B) the difference between the maximum a person is willing to pay and current market price.
C) the difference between current market price and full costs of production for the firm.
D) the difference between willingness to sell and full costs of productions for the firm.
Answer:
B) the difference between the maximum a person is willing to pay and current market price.
Explanation:
Consumer surplus is difference between maximum price consumer wants to pay and actual price he pays.
In a free-enterprise system, the wealth created by businesses benefits the community because___________.
Answer: The wealth created from the businesses are not under government control.
Explanation:
A Free Enterprise is an economic system which is privately controlled with little or no government intervention.
The wealth in a free economy system is basically controlled by private individuals as most businesses and industries are under their control.
Illinois law requires that a pre-printed offer to purchase that is intended to become a binding contract have which of the following headings.
Answer:
Option A-Real Estate Sales Contract
Explanation:
Illinois laws requires that a pre-printed offer to purchase that is intended to become a binding contract should have under heading Real Estate Sales Contract
Vertical accountability refers to the ability of _________.
a. individuals and groups to hold state institutions accountable
b. the legislature to hold the executive accountable
c. state institutions to hold each other accountable
d. state officials to hold citizens accountable
Answer:
Vertical accountability refers to the ability of
a. individuals and groups to hold state institutions accountable
Explanation:
When discussing accountability in governance, there are different types which include vertical accountability and horizontal accountability.
Vertical accountability refers to the ability of individuals and groups to hold state institutions accountable and horizontal accountability refers to the ability of the legislature to hold the executive accountable.
Research on power is likely to provide information on the most effective ________. a. tactics for gaining compliance of employees b. leader-ship styles for motivating followers c. modes of assessing employee performance d. methods to reduce dependence on leaders e. methods of rewarding successful employees
Answer:
a.
Explanation:
Research on power is likely to provide information on the most effective tactics for gaining compliance of employees. This can be said because power revolves around having a following that will follow your orders and look up to you as a leader. Therefore you need to gain pure compliance from the employees that you are handling.
Gross domestic product does not include the value of the stocks and bonds bought and sold because these sales and purchases are not economic investment, but should be counted as production of final goods and services.
consumption expenditures, but should be counted as production of final goods and services.
consumption expenditures and should not be counted as production of final goods and services.
economic investment and should not be counted as production of final goods and services.
Answer and Explanation:
Gross domestic product does not include the value of the stocks and bonds bought and sold because these sales and purchases are not economic
Investment and should be counted as production of final goods and services.
Gross domestic product (GDP) is the total amount of goods and services produced and consumed within the country
Kelly Andersen founded a technology consulting firm several years ago. Her firm has grown rapidly and isfinancially successful. One thing that Kelly attributes her success to is that early on she assembled a panel of experts who provided her ongoing direction and advice about her business. What Kelly created is called a(n):Question options:
a) consultation panel.
b) suggestion panel.
c) idea board.
d) advisory board
Answer:
D) Advisory board
Explanation:
An advisory board is simply an organizational body that provides advice to (usually) the top-management of a firm.
Advisory boards are very common in succesful firms, especially in those that are part of competitive and complex industries such as the medical sector, or the IT sector. Consultants are a type of professional job that thrives in advisory boards, and many people live off this type of work.
In the Private Sector, there are many ____________ to be made by Business managers regarding which "projects" to borrow for and which "projects" to invest in. These often contain a great deal of risk and uncertainty as well as the potential for benefits (profits).
Complete Question:
Risk (the possibility of costs being more than originally perceived)
Uncertainty (the possibility of benefits being less than originally perceived)
both a. and b.
none of the above
Answer and Explanations:
Both a and b
It is a basic principle of finance. The higher the risk the higher is the profit. Therefore, business managers are required to take high risks that involves uncertainty. Because this leads to more profit.
When a company undergoes a repositioning, it depends on its advertising effort to _________.
A) make sure the position has substance. B) make sure consumers understand the theme behind its repositioning. C) reduce the size of the competitive field. D) select a target market.
Answer: Make sure consumers understand the theme behind its repositioning.
Explanation:
When a company undergoes repositioning, the company is trying to change the way it's been viewed by members of the public.This changes in public perception of the company, would also affect the internal structure of the repositioned company.
An example of a company undergoing repositioning is when a company opens up more branches across different locations for their firm.
Advertising makes it possible for the public to be aware of the repositioning activities a company is carrying out.
Let MUS be the marginal utility of a sandwich, MUH be the marginal utility of a hot dog, PS be the price of a sandwich, and PH be the price of a hot dog. When the price of the goods is zero, Pat eats a sandwich. When Pat has to pay, she eats a hot dog. When Pat has to pay, which of the following is necessarily true?
(A) MUS = MUH = PS = PH
(B) (MUS / PS) > (MUH / PH)
(C) PS < PH
(D) PS > PH
(E) MUS = 0
Answer:
D) PS > PH
Explanation:
When Pat doesn't have to pay, she will choose to eat a sandwich, therefore the MUS > MUH.
But when she has to pay, then she will choose to eat a hot dog, therefore the utils per dollar that Pat gets from a hot dog are more than the utils per dollar that she gets from a sandwich: (MUS / PS) < (MUH / PH)
The only explanation to this is that the price of sandwich is higher than the price of a hot dog: PS > PH
The amount of potential energy in 1 glucose molecule = 2805kJ/mol. The amount of energy in 1 ATP molecule = 30.5kJ/mol. In a human skeletal muscle cell, 36 molecules of ATP are made for every 1 molecule of glucose burned. What is the efficiency of the aerobic respiration pathway?
Answer:The efficiency of the aerobic respiration pathway is 39.1%
Explanation:
Efficiency = (Energy output÷Energy input) × 100
Energy output = Amount of energy in 36 ATP molecules = 36 × Amount of energy in 1 ATP molecule = 36×30.5KJ/mol = 1098KJ/mol
Energy input = Amount of potential energy in 1 molecule of glucose burned which is 2805KJ/mol
Efficiency =(1098KJ/mol ÷ 2805KJ/mol) × 100 = 39.1%
Efficiency of the aerobic respiration pathway is 39.1%
Which of the following items did Joe include in his fixed expenses?
A. insurance
B. utilities
C. food
D. rent
Answer:
Explanation:
rent, food, insurance.
Joe's fixed expenses would consist of rent, food, and insurance. Options (A), (C), and (D) are hence the ones that should be chosen.
What are fixed expenses?Fixed expenses are those that do not alter in response to the degree of activity. These expenses are usually rather consistent, with little variation from month to month. Advertisements, dues, qualifying capital expenditure, insurance, and rent are examples of fixed expenses.
Within a particular range of activity, expenses tend to be fixed, but they vary outside of that range. For example, a company may rent fixed-cost administrative space; however, sales quadruple, necessitating the addition of more workers than can fit in the present facility, necessitating an increase in rent expenditure to accommodate the increased staff.
Hence, options (A), (C), and (D) are appropriate.
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Once you have created your budget plan, you are set until you change jobs or change income.a) trueb) false
Answer:
False
Explanation:
Budget plans are estimates only, they are not 100% certain and need to be adjusted continuously.
For example, you want to save money for a new car and prepare a budget where you save $500 per month. But the events in your life are not fixed or exact, for example this month you spend $150 in gas and car maintenance, but next month you get a flat tire and need to change a windshield wiper. Or maybe you decided to go visit some friends that live on another city, or your girlfriend wants to visit her parents. The only thing certain about life is that it is never the same, luckily for all of us.
The statement about not changing a budget after creating until individual change his/her job it is False.
Budgeting can be regarded as the process involving creation of a plan on how individual is going to spend his/her money. This plan on how to spend the money is regarded as Budget.When you create a budget , it helps you to determine in advance whether there is enough money to accomplish your plan.However, there are some factors that can influence individuals to change his Budget such as inflation and some circumstances which means that budget can be changed, it doesn't necessarily mean that until one change job or income.Therefore, The statement is false because some factors could cause adjustment in a budget.
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