The market value of the company's liabilities is $31 billion.
The market value of a company's assets is equal to the market value of its liabilities plus the market value of its shareholder equity. Therefore, we can calculate the market value of the company's liabilities as follows:
Market value of assets = Market value of liabilities + Market value of shareholder equity
$42b = Market value of liabilities + $11b
Subtracting $11b from both sides, we get:
$31b = Market value of liabilities
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At the beginning of the year, mitchum enterprises allows for estimated uncollectible accounts of $15,000. by the end of the year, actual bad debts total $17,000. Record the write-off to uncollectible accounts.
Record the write-off to uncollectible account as Allowance for uncollectible accounts 17,000Accounts receivable 17,000. Following the write-off, the balance of Allowance for Uncollectible Accounts is $2,000
At the beginning of the year, Mitchum enterprises allows for estimated uncollectible accounts of $15,000. By the end of the year, actual bad debts total $17,000.
The journal entry for Mitchum Enterprises
Allowance for uncollectible accounts 17,000
Accounts receivable 17,000
The balance of Allowance for Uncollectible Accounts would be
= Beginning balance of estimated uncollectible accounts - written off balance
= $15,000 - $17,000
= $2,000 debit
So, the balance of Allowance for Uncollectible Accounts is $2,000 debit
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The complete question is:
At the beginning of the year, Mitchum Enterprises allows for estimated uncollectible accounts of $15,000. By the end of the year, actual bad debts total $17,000. Record the writeoff to uncollectible accounts. Following the write-off, what is the balance of Allowance for Uncollectible Accounts?
As the Project Cost Engineer on a high rise development you are preparing your budget. You have developed a template, based on similar projects that can be used for buildings with 3-25 stories. It breaks out cost per square foot for plumbing, wiring, HVAC, dry wall, floors etc. This type of cost estimating is called:
The type of cost estimating described in the scenario is called parametric cost estimating.
Parametric cost estimating is a technique used to estimate project costs based on historical data and mathematical relationships between project parameters. It involves developing cost models or templates that use key project variables to estimate costs. In the given scenario, the cost template based on similar projects and cost per square foot for various components like plumbing, wiring, HVAC, drywall, and floors is an example of parametric cost estimating.
Parametric cost estimating relies on historical data and benchmarks to establish relationships between project characteristics and costs. By using these relationships, cost estimators can quickly generate estimates based on specific project parameters, such as the number of stories in a building. This approach is particularly useful when there is a sufficient amount of historical data available and when projects share similar characteristics or elements.
By utilizing the parametric cost estimating method, the Project Cost Engineer can streamline the budgeting process and improve the accuracy of cost estimates by leveraging past project data and applying it to the current project's unique specifications.
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The term “By Returns” and a corresponding credit of $80 on a statement of account mean that a sum of $80 was:
a) Paid to the seller
b) Paid to the buyer
c) Added to the amount owing
d) Deducted from the amount owing
Answer:
d) Deducted from the amount owing
Explanation:
Returns refer to the goods previously sold to a customer, but the buyer has since rejected them and returned them to the seller. A buyer may reject goods due to various reasons, such as the goods being defective.
When a buyer rejects and returns goods, they are not expected to pay for them. The seller issues a credit note worth the goods returned. That amount is deducted from the invoice issued to the buyer.
you are a manager in a perfectly competitive market. the price in your market is $14. your total cost curve is c(q)
You are a manager in a market that is highly competitive. In your market, the cost is $14. Your cost curve total is given by c(q) = 10 + 4 Q + 0.5 Q2. The short-term profit will be $40.
Perfect competition is said to exist when all firms sell the same items, market share has no impact on prices, businesses can enter or exit the market without any barriers, consumers have perfect or complete knowledge, and businesses are unable to set prices.
These are the three key elements of perfect competition: no company holds a significant portion of the market, the industry output is standardized, and there are no barriers to entry or leaving. For there to be an efficient market equilibrium in a perfect market, the marginal revenue and marginal cost must coincide.
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The question is incomplete. The full question is:
you are a manager in a perfectly competitive market. the price in your market is $14. your total cost curve is c(q) = 10 + 4Q + 0.5 Q2. What level of profits will you make in the short run?
Which statement best describes the economic relationship between
households and product markets?
A. Households buy goods from product markets.
B. Households provide goods to product markets.
O c. Product markets supply households with natural resources.
O D. Product markets purchase resources from households.
The economic relationship between households and product markets is best described by the statement that households provide goods to product markets.
How do households and product markets interact economically?Households purchase goods and services from businesses via the product market. Meanwhile, businesses necessitate resources to create goods and services.
Through the resource market, members of households provide labor to businesses. Businesses then replace those resources into goods and services.
Therefore, option b is correct.
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under a gold standard, a balance of payments disequilibrium would be corrected automatically by
Under a gold standard, a balance of payments disequilibrium would be corrected automatically by adjustments in the international flow of gold.
In a gold standard system, each currency's value is directly linked to a specific amount of gold. When a country experiences a balance of payments disequilibrium, meaning there is an imbalance between its exports and imports, there would be corresponding changes in the international flow of gold. If a country runs a trade surplus, it receives payments in gold from other countries, increasing its gold reserves. This increase in gold reserves allows the country to expand its money supply and lower interest rates, stimulating domestic spending and imports. On the other hand, if a country runs a trade deficit, it needs to pay other countries in gold, depleting its gold reserves. This reduction in gold reserves leads to a contraction of the money supply, higher interest rates, and decreased domestic spending and imports. Thus, the automatic adjustment mechanism in a gold standard system relies on changes in the international flow of gold to correct balance of payments disequilibria.
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People are living paycheck to paycheck why is that a problem
NEED ASAP PLEASE
Select the correct text in the passage.
Hussein is writing a response rejecting a customer’s request for a product replacement. Select the text in the passage that shows the reasons he gives for the negative message.
Thank you for writing to us regarding your request for a replacement fan.
To guarantee customer satisfaction, we extend a warranty of 90 days on this product for all our customers. If returned within 90 days, we offer replacements free of charge.
Based on the receipt you attached to your email, we see that you purchased this product 120 days ago. We regret that we are unable to offer a replacement.
As an alternative, we can offer a 20 percent discount on any other product you wish to purchase from our store. We look forward to doing business with you again.
Answer:
Based on the receipt you attached to your email, we see that you purchased this product 120 days ago. We regret that we are unable to offer a replacement
Explanation:
Hope it helps!
Maria is considering various business entity types in order to set up her new business. She wants to know which entities are subject to double taxation. You tell her that the entities subject to double taxation are:
Answer:
1. Corporations
2. Limited liability companies that are elected to be treated as corporations
Explanation:
Double taxation is when tax has to be paid two times on on the same particular source of income. A corporation pays tax at 2 levels. That is at the personal level and sat the business level. From dividends, taxes are paid by shareholders, corporations pay taxes on what they also warn annually.
Entities subject to double taxation includes, corporations and the limited liability companies treated as corporations.
Unplug Wireless is a cellular service provider that charges its customers $1 for three hours of talk time. So, if a customer's talk time for a month is 60 hours, the company charges him or her $20 at the end of the month. Which of the following business models does this best illustrate?
a. freemium
b. subscription-based
c. pay-as-you-go
d. razor-razor-blade
Answer:
c. pay-as-you-go
Explanation:
-Freemium means that a service is free but if the customers want additional features they have to pay for them.
-Subscription-based is when a customer takes a service for an established price during a specific period of time.
-Pay-as-you-go is when you pay only for the services you use.
-Razor-razor-blade is when a business sells a product at a low price to be able to sell a complementary good.
According to this, the answer is that the business model that is best illustrated is pay-as-you-go because the customer pays for the talk time he/she consumes each month.
Match each concept in Column A with an example in Column B. Column A Column B a. Substitute goods 1. Price and quantity along the supply curve b. A nonprice determinant of demand 2. Tea and coffee c. A nonprice determinant of supply 3. A change in technology d. Mark-up pricing 4. Hunger e. Positive relationship 5. Shoes and shoelaces f. Negative relationship 6. Consumer income g. Inadequacy 7. Price and quantity along the demand curve 24 h. Complementary goods 8. Setting price equal to cost plus 20 percent
Answer:
a. Substitute goods - Tea and coffee
b. A nonprice determinant of demand - Consumer income
C. A nonprice determinant of supply - A change in technology
D. Mark-up pricing - Setting price equal to cost plus 20 percent
E. Positive relationship - Price and quantity along the supply curve
F. Negative relationship - Price and quantity along the demand curve
G. Inadequacy - Hunger
H Complementary goods - Shoes and shoelaces
Explanation:
Substitute goods are goods that can be used in place of another good.
if the price of a good increases, the demand for the substitute increases and if the price of the good reduces, the demand for the substitute increases.
Complementary goods are goods that are consumed together
The demand curve is a curve that shows the relationship between price and quantity demanded. The demand curve is negatively sloped because the higher the price, the lower the quantity demanded. This is in line with the law of demand.
Only a change in the price of a good leads to a movement along the demand curve of that good. Also, only a change in the price of the good would lead to an increase or decrease in the quantity demanded of that good.
Other factors other than the change in the price of the good would lead to a shift of the demand curve. Some of those factors include :
1. a change in consumers' expectation
2. a change in the taste of consumers
3. a change in income
There is a positive relationship between price and the quantity supplied. This accounts for why the supply curve is positively sloped.
A change in price of a good leads to a movement along the supply curve and not a shift of the supply curve.
Other factors other than a change in the price of the good would lead to a shift of the supply curve. Such factors include :
1. A change in the price of input
2. A change in the number of suppliers
3. Government regulations
4. Technological changes
5. Paulie Mateja purchased a digital camera for $699.99. The store charged 4.65% sales tax. What was the camera's total pur- chase price? A $703.64 B $732.54 C $753.64 D $767.54
Answer:
B : 732.54
Explanation:
1. 4.65% over 100% times with 699.99 = 32.55
2. plus 32.55 with 699.99
which of the following is not one of the reasons a company might launch new competitive actions? group of answer choices to obtain first mover advantages to improve market position to find new sources of raw materials to capitalize on growing demand
One of the reasons a corporation could start new competitive measures is not to look for new raw material suppliers. Option 3 is Correct.
Three elements are required for the successful launch of new businesses or the adoption of new technologies: an entrepreneurial opportunity, the resources to explore the opportunity, and an entrepreneur or entrepreneurial team ready and motivated to take the endeavour on.
On the other side, if the concentration is significant and the top 'n' businesses control the market's output or services, the sector is referred to as oligopolistic or monopolistic. A person's nationality has no bearing on whether or not he is an entrepreneur. The expertise of an entrepreneur is affected by variables like education, and an entrepreneur's job experience aids in the operation of the company. Option 3 is Correct.
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Correct Question:
which of the following is not one of the reasons a company might launch new competitive actions? group of answer choices
1. to obtain first mover advantages
2. to improve market position
3. to find new sources of raw materials
4. to capitalize on growing demand
You have two employees who report directly to you. One is making $36,000/year and the second is making $24,000/year. You feel the second employee has done outstanding work, and you want to give her a $3,000/year raise. The company has limited you to a total increase in payroll of 5% for next year. How much of a raise can you afford to give to the first employee if you give the second employee a $3,000/year raise?
Answer:
Zero,( no raise at all)
Explanation:
The total labor cost for the two employees is
=$36,000 + $24,000
=$60,000
If only 5% of increases in payroll is approved, the actual increase
=5/100 x $60,000
=0.05 x $60,000
=$3,000
If the second employee is to get a raise of $3,000 per year, then the first employee will not get any raise.
An employer hiring in a competitve labor market should hire additional labor as lnog as?
The marginal revenue product (MRP) exceeds the wage rate.
What is marginal revenue product?
The marginal revenue generated by using one more unit of a resource is known as the marginal revenue product (MRP). MRP calculates the ideal resource level and makes crucial decisions about business output. The MRP makes the assumption that expenses for other factors won't change.For instance, if the MRP/MRC is $2, the company is making $2 in profit for every $1 spent on the resource. Consider the scenario where the cost of output is $2 per unit, the cost of labor is $10, and the cost of capital is $20.The additional income generated by hiring an additional employee is represented by the marginal revenue product of labor. The wage that the firm pays is the market wage rate established by the forces of supply and demand, and it represents the actual wage that the company is ready and able to pay for each new employee they hire.When all other variables are held constant, the marginal revenue product (MRP) is the revenue change brought on by adding one more unit.An employer hiring in a competitive labor market should hire additional labor as long as the marginal revenue product (MRP) exceeds the wage rate.
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Economics (FoolProof)
I should do my best to get a credit card from a company that will tell me both my interest rate and my credit limit before I commit to taking the card.
True or False
Answer:True
Explanation:
Drag the tiles to the correct boxes to complete the pairs.
Match the different resources to the scenarios where they are used.
natural resources
human resources
man-made resources
entrepreneurship
A power plant uses an Industrialdesign power generator to generate large-scale
electricity for the neighborhood.
A power plant uses coal to heat water and then converts it into steam, which
then turns the turbines.
>
A power plant is set up by a group of industrialists as they come together to
solve the power crisis in their nelghborhood.
A power plant employs local workers who work in shifts to keep the plant
running for most of the day.
Answer:
1. Man-made
2. natural resources
3. entrepreneurship
4. Human resources
Explanation:
Natural resources are those which are present in the environment and are limited in number.
The man-made resources are those where a power generator is used to initiate the electricity on large scale.The natural resources are those where the water is heated from coal and then converting it to steam for running the turbines.The entrepreneurship is represented when the industrialists come together to solve the power crisis of their own neighborhood.The human resources are those where the workers are working in shifts to keep their plants in running condition.Therefore, the given resources are matched with the scenarios in which they are used.
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4. If your checking account's balance is
$3,678.89 and you withdraw $1,514, what
is the remaining balance?
A $2,164.89
B $5,192.89
C$2,614.89
D $3,678.89
(Step by step ) please
A loss is when
A. Revenue is greater then expenses
B. Revenue is less than expenses
C. Revenue is equal to expenses
D. None of them
The answer is B revenue is less than expenses
The model and concepts used to develop the economics of __ are similar to those used to illustrate the effects of:
Answer:international trade: trade between individuals
Explanation:
I got it right
how can formal business documnets help managers solve problems
Managers can fix problems by providing clear, precise information about them.
Who is the managers?A manager is someone who is in charge of managing or monitoring the business. He or she is an acting leader who helps set objectives and allocate responsibilities. He or she also exemplifies specific leadership traits that support the efficient running of the business.
The manager will be assisted in evaluating the situation and providing complete information by the formal business document.
They will be better able to handle the problem as a result. In addition, these documents will give them the precise information that the manager would need.
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This exercise is based on the following table, which lists interest rates on long-term investments (based on 10-year government bonds) in several countries in 2014. HINT [See Example 2.] Country U.S. Japan Germany Australia Brazil Yield 2.5% 0.5% 1.0% 3.5% 4.2% Assuming that you invest $6,000 in the United States, how long (to the nearest year) must you wait before your investment is worth $10,000 if the interest is compounded annually?
You would need to wait 13 years for your investment in the United States to be worth $10,000 with annual compounding.
Using the formula for compound interest:
FV = PV x (1 + r)n
where:
FV = future value
PV = present value
r = interest rate
n = number of years
We can solve for n:
$10,000 = $6,000 x (1 + 0.025)n
$10,000 / $6,000 = (1 + 0.025)n
1.6667 = (1 + 0.025)n
Taking the natural logarithm of both sides:
ln 1.6667 = n ln 1.025
n = ln 1.6667 / ln 1.025
n ≈ 12.6 i.e. 13
So, to the nearest year, you would need to wait 13 years for your investment in the United States to be worth $10,000 with annual compounding.
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Refer to Table 14-10. Which level of production in the table has the lowest average variable cost? Question 20 options:
a) 1 unit
b) 2 units
c) 3 units
d) 4 units
The level of production in the table which has the lowest average variable cost is option a) 1 unit.
Any increase in output results in economic expansion as indicated by the GDP. Simply put, this indicator shows how much is produced overall across the entire economy. The standard of life is raised by stronger economic growth since it drives down prices and boosts wages. When the marginal revenue (MR) equals the marginal cost, production is at its best level (MC).
The cost of variable per unit in economics is the average variable cost. One can determine the average variable cost by dividing the whole variable cost by the output. The corporations use the average variable cost to decide when to stop short-term manufacturing.
The question is incomplete, find the complete question here
Question 20 (5 points) Table 14-10 Suppose that a firm in a competitive market faces the following revenues and costs:
Quantity Total Revenue Total Cost
0 $0 $3
1 $7 $5
2 $14 $9
3 $21 $15
4 $28 $23
5 $35 $33
6 $42 $45
7 $49 $59
Refer to Table 14-10. Which level of production in the table has the lowest average variable cost? Question 20 options:
a) 1 unit
b) 2 units
c) 3 units
d) 4 units
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what is the study of business
Explanation:
The study of business is about how individuals and groups of people organise, plan, and act to create and develop goods and services to satisfy customers. Business is influenced by and impacts on the cultural, ethical, environmental, political, and economic conditions of the day
Explanation:
business studies is an academic subjects taught in many schools and higher education institutions in the world .
what is another term that means withholding
A) gross income
B) payroll deductions
C) taxable income
D) allowances
Answer:
B) payroll deductions
Explanation:
To withhold a payment implies abstaining or avoiding to pay. If an employer withholds some payments, it means that the employee will not receive the withheld amount.
When employers withhold taxes and other deductions, it means the employee will not be given the tax amount. The employer will deduct that amount from the employee pay and forward it to the tax agency. Withholding, in this sense, is payroll deductions.
In a period of economic difficulty, a product with a low elasticity of demand
will:
A. experience a major decline in sales right away.
B. continue to be purchased at about the same rate.
C. stop being produced until the economy improves.
D. increase in sales due to a perceived lack of supply,
*NEED ASAP*
For a responsible investment, three types of drivers must be assessed. What are these drivers? And how in your opinion the underlying attributes of each driver may impact the selection of a certain project delivery method
For a responsible investment, the three types of drivers that must be assessed are financial, environmental, and social drivers.
The financial driver relates to the potential return on investment and the financial risks associated with the investment. This driver assesses the financial feasibility of the investment and ensures that the investment aligns with the investor's financial goals.
The environmental driver relates to the impact of the investment on the environment. This driver assesses the environmental impact of the investment and ensures that the investment aligns with environmental sustainability goals.
The social driver relates to the impact of the investment on society. This driver assesses the social impact of the investment and ensures that the investment aligns with social responsibility goals.
The underlying attributes of each driver may impact the selection of a certain project delivery method. For example, if the financial driver is the primary concern, a project delivery method that minimizes costs and maximizes profits may be selected.
However, if the environmental or social drivers are the primary concern, a project delivery method that prioritizes sustainability and social responsibility may be selected, even if it comes at a higher cost.
Ultimately, the selection of a project delivery method will depend on the investor's priorities and goals, as well as the specific characteristics of the investment project.
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elizabeth has not been given the same training as george and thomas in her firm even though they are all programmer iii status and came into the firm at the same time. this is an example of .
Elizabeth has not been given the same training as George and Thomas in her firm even though they are all Programmer III status and came into the firm at the same time. This is an example of unfair treatment or discrimination.
Unfair treatment or discrimination is the unfair and unequal treatment of people based on different characteristics such as gender, race, age, religion, or sexual orientation. Unfair treatment may also include denying someone equal opportunities, benefits, or privileges at work because of their characteristics or traits.According to the situation provided, Elizabeth is not receiving the same training and development opportunities as her colleagues, George and Thomas, who have similar job titles and work experience as hers.
This situation is a perfect example of discrimination and unfair treatment. Discrimination is against the law and can result in serious consequences for an organization, including loss of productivity and reputation, legal consequences, and loss of staff morale.
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melinda is updating her firm's disaster recovery plans, and after receiving direction from her company's board of directors, she has been instructed to create a plan that restores operations within 48 hours of a disaster. what part of the plan should she update with the new requirements?
The recovery time objective RTO measures the amount of time a service can be unavailable during a disaster as well as the time it takes to restore it to operation.
The recovery time objective (RTO) is the longest amount of time, measured in real time, that must pass during or after a disaster for business operations to resume normally before the disruption causes intolerable consequences.
The RTO is based on the amount that the disruption disrupts normal operations and the amount that is lost each unit of time as a result of the catastrophe. These variables are influenced by the tools and applications used.
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Sven immigrated to the United States at age 12 and obtained citizenship at age 18. He speaks with a thick accent . When he applied for a job as a bank clerk, someone else was selected because the other person was more accurate in counting money Has Sven been the subject of illegal discrimination ?
Answer:
Yes –Sven has been the subject of Discrimination The discrimination, however, was justified. but the discriminations isnt illegal
Explanation:
:) yw