Yes, the names of terminated employees are reported in writing to the payroll tax because it is really important to let the payroll department know on what basis the employee has been suspended or terminated.
It is true, that authorizations for deductions are signed by the employee because it is important as well as necessary to deduct some amount of the employees salary and to avoid the future conflicts, a written approval is taken from the employee.
Yes, time keeping and cost accounting records are reconciled with payroll department calculations but it may contain more or fewer dollars than actually paid as per payroll data.
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what do you think are the problems with the current manufacturing process as a whole with the polymer coating machine in particular? how might you use process mapping and root cause analysis to get to the bottom of these problems?
The process of coating is needed to be monitored from time to time in order to make sure that fewer clients are impacted if something goes wrong with the polymer coating equipment.
The polymer coating machine needs continuous monitoring in order to make sure that the situations stay under control if ever there is a problem with the equipment for coating. Also, there has been an incident where the machine was set to a high degree which resulted in a large number of defective plates being shipped out to consumers. This happened due to a lack of management as the machine's indoor regulator was not lowered to the usual setting.
This kind of problem may arise anytime, there is a need for a mode that alerts everyone when the machine is set to a too high temperature for an extended period of time in order to keep everyone aware or a function where the machine can communicate with the people when something goes wrong.
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who should prepare a bank reconciliation? a bonded employee. an employee with extensive accounting experience. an employee also responsible for making deposits. an employee who has no other responsibilities related to cash.
The person that should should prepare a bank reconciliation is an employee with extensive accounting experience.
What is a bank reconciliation?A bank reconciliation statement can be described as the summary of banking as well as the business activity which is been used in the reconciles an entity's bank account .
It should be noted that this is been done with its financial records and the person that is usually carried out this should be someone that has the knowledge about the accounting experience. so that he will able to handle out of the financial experience.
Therefore, the second option is correct.
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which of the following are advantages of the corporate form of organization? (select all that apply). multiple select question. ability to accumulate large amounts of capital limited liability simplicity of its structure low cost of establishment transferability of ownership
There are several advantages to forming a business, including limited personal liability, comfortable request transfer, business continuity, improved access to capital, and (depending on the corporation structure) occasional tax benefits.
What is the corporate form?A company that is organized in corporate form is able to function independently of its owners. In many states, one or more people may operate a company in the corporate form of business. In general, the choice of corporate form distinguishes between two types of company structures: limited companies and partnerships. The decision is whether the company's owners will be personally liable for the company's debt or will not be. Corporations are owned by shareholders who invest money in the company by purchasing stock. The percentage of stock they own determines how much of the corporation they own.
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the marketing team for the charity american harvest, a national food bank program, wants to know how much it costs to attract a new donor to visit its website and complete a donation. american harvest will most likely use the metric of .
The marketing team for the charity American harvest, a national food bank program, wants to know how much it costs to attract a new donor to visit its website and complete a donation. American harvest will most likely use the metric of cost-per-order.
A charity must have one or extra of the functions that have been described in law. those encompass things like: relieving poverty, training, faith, protecting the environment, animal welfare, human rights and community development.
Examples of these functions encompass running an animal refuge, a volunteer fireplace branch, a facility for care of the elderly or a clinic. There are a few functions that are not taken into consideration charitable including groups which might be created for political purposes and companies created to sell sports activities.
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assuming sales prices and cost behavior remain unchanged, when variable costing is used, when does net income change in response to changes in unit sales?
All of the above is the correct response i.e., option (d) when variable costing is implied.
What is cost behaviour ?The system by which expenses respond to changes in activity levels is known as cost behaviour. Management uses it to predict whether costs will respond favourably or not. Understanding is crucial for performing cost-volume-profit analyses and creating budgets.
If the cost and sales prices remain constant, the net income will fluctuate:
The number of units produced affects the variable cost of production, and if more units are sold than are produced, more money is made.Net income will decline if the amount of goods and services produced is less than the amount of goods and services sold. This occurs as a result of a discrepancy between production and sales costs.An increase in net income will occur from an equal number of units produced and sold. Due to the sales price including a profit margin, the income will rise.To know more about, net income, visit :
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The complete question is mentioned below :
Assuming sales prices and cost behavior remain unchanged, when variable costing is used, when does net income change in response to changes in unit sales?
a. when the number of units sold exceeds the number of units produced
b. when the number of units produced exceeds the number of units sold
c. when the number of units sold exactly equals the number of units produced
d. all of the above
harrimon industries bonds have 6 years left to maturity. interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 10%. what is the yield to maturity at a current market price of $813? round your answer to two decimal places
14.78% is the yield to maturity at a current market price of $813 for the given question
The internal rate of return on an investment is the same as the yield to maturity. YTM is the interest rate at which the initial investment and the present value of future cash flows will be equal:
computed as:
N = 6
Fv = $1,000
Pmt = $1,000 × 10% = $100
Pv = - $813
P/yr = 1
I (YTM) = ?
The yield to maturity (YTM), calculated by entering the aforementioned figures into a financial calculator, is 1,478.22%, or 14.78%.
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should we buy intel? why or why not? group of answer choices yes, because the required return is less than its expected return. no, because the required return is less than its expected return. no, because the required return is greater than its expected return. yes, because the market return is greater than the stock's expected return.
The answer choice group is yes because its required return is less than its expected return. no, because the required return is less than his expected return.
A. Intel stock expected return
= Risk Free Rate + Beta * (Market Return – Risk Free Rate)
= 5.6% + 1.69 (12.2% - 5.6%)
= 16.75%
b. Boeing's expected stock return
= Risk Free Rate + Beta * (Market Return – Risk Free Rate)
= 5.6% + 0.88 (12.2% - 5.6%)
= 11.40%
C. Beta portfolio with 60% Intel stock and 40% Boeing stock.
= Weighted average beta
= (0.6 * 1.69) + ( 0.4 * 0.88)
= 1.37
d. First method – Weighted average of both returns
= (0.6 * 16.75%) + (0.4 * 11.40%)
= 14.6%
Second method - Use Portfolio beta and CAPM
= Risk Free Rate + Beta * (Market Return – Risk Free Rate)
= 5.6% + 1.37 (12.2% - 5.6%)
= 14.6%
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Even though Nvidia and AMD get most of the attention, Intel is still the biggest company in its field. Even though it no longer has the title of "world's largest chipmaker," it still
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an agreement where both parties to an existing contract agree to discharge the rights and duties of one party and substitute another person in his place is known as a/an:
A "rights assignment" is the transfer of a party's rights from the "assignor" to the "assignee." Some extra rights and obligations that come with the assignment are determined by the legal nature of the assignment and the contractual conditions of the agreement between the parties.
What are the types of agreements between two parties?Contracts Considering the Nature & Consideration
Unilateral Contracts: In these sorts of contracts, one party promises to pay a specific sum solely in the event that a certain event takes place.Contracts that are signed on a bilateral basis are those in which both parties reach a consensus.One person or company transfers rights or property to another person or company through an assignment. However, only the benefits of the assignment are transferred; any remaining responsibilities belong to the original contracting party. Novations transfer to the next party both advantages and potential risks.A novation is an agreement signed between two parties to a contract that permits the replacement of one party by another.To learn more about agreements refer to:
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you have just won the lottery and will receive $510,000 in one year. you will receive payments for 24 years, and the payments will increase 3 percent per year. if the appropriate discount rate is 11 percent, what is the present value of your winnings?
You just took home $510,000 over the course of a year after winning the lotto. For 26 years, payments will be made to you. Your winnings' present value is 57,59,833 if the appropriate discount rate is 11%.
A discount in finance and investing refers to a scenario when a security is trading for less than its underlying or basic worth. A discount happens when a bond's price trades below its face value or par value, and its amount is determined by the discrepancy between the price paid for the asset and its par value. Bonds may sell at a discount for a variety of reasons, such as increasing interest rates, or because the underlying corporation has credit problems or is more risky overall than comparable bonds.
Several factors, such as escalating interest rates or the issuer's financial hardship, might cause bonds to trade at a discount. Discounted bonds may therefore represent a perception that the underlying company may not be able to pay its debt commitments.
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Which of the following is an example of inventory at a company?
A.
A scooter that has been purchased at a store by a customer
B.
An employee who provides technical expertise
C.
Fancy dishes and silverware used at a restaurant
D.
A list of products that a hardware store wants to order
Answer is option c) Fancy dishes and silverware used at a restaurant
what is inventory at a company ?
The term "inventory" refers to all the products, materials, goods, and merchandise that a company has on hand and intends to sell to customers for a profit. Inventory at a manufacturing company includes raw materials utilised in production, as well as semi-finished goods stored in warehouses or on factory floors, in addition to the finished product that has been manufactured and is available for sale. In a service industry, since there is no exchange of physical stock, the inventory is mostly intangible in nature. So the service industry inventory mostly includes the steps involved before completing a sale.
Inventory is:
An asset, tangible or intangible,An asset that can be realized for revenue generation or has a value for exchange, orAn asset which is in process but is meant for sale in the market.Different types of inventory :
Raw materialsWork in progressFinished goodsMRO inventoryBuffer inventoryCycle inventoryDecoupling inventoryTransit inventoryFor any manufacturing or trading company, inventory is a crucial asset, thus it's critical for business leaders to comprehend what it truly means. In addition to the general definition, some sectors of the economy, such as manufacturing and services, employ specialised definitions that take into account all of the assets specific to those sectors. Business owners can better understand how their inventory is serving them by understanding the many forms of inventory, including those that aren't directly used in accounting.
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aiko is in the market for a high-end, professional digital camera to take on her first photojournalism assignment. she owns several small, reliable point-and-shoot digital cameras, but this will be her first time purchasing a professional camera. she knows she will need additional accessories, such as a powerful zoom lens and a sturdy camera bag. which variation of the consumer buying process would aiko most likely apply in this case?
The consumer buying process which would apply in this case will be extensive problem solving.
When a buyer lack understanding of the products, services, and suppliers and must make a purchase decision based on extensive problem solving. Insufficient data in solving difficult problems also influences the product's brands and the criteria used to segregate the brands into manageable subgroups that aid in future purchasing behavior. When consumers discover a demand that necessitates a great deal of effort to satisfy and is entirely unknown to them, they frequently engage in extensive solving problems.
Different stages of purchase decisions, such as extensive problem solving, limited problem solving, and routine choosing behavior, are all parts of a consumer's decision-making process.
The complete question is here:
Aiko is in the market for a high-end, professional digital camera to take on her first photojournalism assignment. She owns several small, reliable point-and-shoot digital cameras, but this will be her first time purchasing a professional camera. She knows she will need additional accessories, such as a powerful zoom lens and a sturdy camera bag. Which variation of the consumer buying process would Aiko most likely apply in this case?
Multiple Choice
high-involvement problem solvingroutine problem solvinglow-involvement problem solvinglimited problem solvingextensive problem solvingLearn more about extensive problem solving here:
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all of the following are benefits of economic growth except a. political stability. b. urban congestion. c. improved health. d. reduction in illiteracy.
Urban congestion is not a benefit of economic growth.
What is Urban congestion?If a place is busy, the place is very busy and blocked with traffic and people.Major causes of urban congestion include road works, accidents, same-route congestion, and vehicle delays due to large numbers of pedestrians. All of these factors are relatively easy to manage, but surprisingly many solutions have not been provided to economic growth.Urban congestion is caused by many factors, including: B. Poorly maintained or congested roads, local factors such as traffic light patterns in cities, and events such as accidents and road construction.Severe traffic jams can also cause a driver to get into a "road his rage" incident. Economic growth can have minor effects such as increased stress, or larger effects such as vehicle damage, driver or passenger injury or death.To learn more about Urban congestion from the given link :
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the sales force of woidtke, inc., generated $200,000 of orders in june. these orders were shipped in july, and payment from the customer was received in august. sales commissions related to these orders and sales were paid in september. in which month should sales commission expense be recognized?
In June, woidtke, Inc.'s sales force generated $200,000 in orders. These orders were shipped in July, and the customer's payment was received in August. In September, sales commissions on these orders and sales were paid. Sales commission expense for the month of July.
What is payment?Customer Payment refers to the money a customer sends to a retailer or IDT in order to buy a product or fund or recharge a customer account. A payment is defined as the voluntary tender of money or its equivalent or of valuable things by one party to another in exchange for goods or services provided by them or to fulfill a legal obligation. The party making the payment is known as the payer, while the party receiving the payment is known as the payee. Compensate, indemnify, recompense, reimburse, remunerate, repay, and satisfy are some synonyms for pay. While all of these words mean "to give money or its equivalent in exchange for something," pay implies the fulfillment of an obligation.
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when combining scores, which method is the best choice for when candidates must possess a minimum level of certain characteristics or talents? compensatory approach multiple hurdles rolling admissions situational interview
The best choice for when candidates must possess a minimum level of certain characteristics or talents is a compensatory approach and multiple hurdles.
What are the compensatory approach and multiple hurdles?The validity of the candidate's evaluation is increased by utilizing many predictors, as is typically the case, thus the candidate's scores must be meaningfully integrated to determine an overall score that can be compared to other applicants or to a minimal hiring criterion.
Assessment results can be combined in two ways: multiple hurdles and compensatory approaches.
Multiple hurdles - Multiple hurdle method in personnel selection refers to a strategy where job candidates must successfully complete each of a set of assessment tools (such as exams and inventories) before being considered for the next instrument.
Compensatory approaches - Compensatory techniques let people execute things in a different way or with the use of adapted equipment so they may be more autonomous. Compensatory methods aid in the learning of new skills.
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when an issue necessary to the development of the value opinion is uncertain as of the effective date of the assignment results of the appraiser will use:
The assignment results of the appraiser will use Extraordinary assumption. An extraordinary assumption is an assumption which if found to be false could alter the resulting opinion or conclusion.
What Extraordinary assumption ?A statement or condition that is presumed or assumed to be true and from which a conclusion can be drawn is referred to as an assumption.
An extraordinary assumption is one that, if proven false, could change the resulting opinion or conclusion. A hypothetical condition is a false assumption made for the purpose of discussion, analysis, or the formulation of opinions.
The distinction between the two lies in the assumption's potential veracity. A hypothetical condition is one that is known to be contrary to fact, whereas an extraordinary assumption is one that is simply unknown or uncertain.
The results of any hypothetical condition analysis are known to be unrepresentative of reality because the assumptions upon which they are based are false. The results of an analysis based on extraordinary assumptions may be inaccurate to the extent of the uncertainty underlying the assumptions upon which the analysis or opinions are based.
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question content areain terms of the tax formula applicable to individual taxpayers, which of the following statements is correct? a.in arriving at taxable income, a taxpayer must choose between the standard deduction and the deduction for qualified business income. b.in arriving at taxable income, a taxpayer must choose between the standard deduction and itemized deductions. c.in arriving at agi, personal and dependency exemptions are subtracted from gross income. d.the tax formula does not apply if a taxpayer elects to claim the standard deduction.
A taxpayer is a natural person or legal entity that must pay taxes. The government may provide identity or reference numbers to individuals or businesses as modern taxpayers. One who pays taxes is often referred to as a "taxpayer".
Who is the tax payer?A taxpayer is anyone who owes taxes to the federal, state, or municipal governments, whether they are an individual or a corporation. Governments primarily obtain their funding through taxes, which are levied on both citizens and companies. Annual income tax obligations varies for people and businesses.A taxpayer is a natural person or legal entity that must pay taxes. The government may provide identity or reference numbers to individuals or businesses as modern taxpayers. One who pays taxes is often referred to as a "taxpayer".People who pay taxes are those who give the government a portion of their income. The tax payer will not be charged for this.An entity that is required to pay taxes to the government is known as a taxpayer.To learn more about tax payer refer to?
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jon is able to get his employees to support his vision for the department because he is a self-confident leader who is enthusiastic and excited about his vision. jon is a(n) leader whose style may be particularly effective when organizations are undergoing transformations.
Jon is able to get his employees to support his vision for the department because he is a self-confident leader who is enthusiastic and excited about his vision. Jon is a(n) charismatic leader whose style may be particularly effective when organizations are undergoing transformations.
What is charismatic leader?
Charismatic leaders are those who are assertive, self-assured, and capable of sharing their vision with followers.
A charismatic leader can enthuse followers to eagerly support their vision because of their energy, dominance, and self-assurance.
A captivating leader must have a vision and exude enthusiasm when sharing it with others.
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a supermarket expects to sell 4000 boxes of sugar in a year. each box costs $2, and there is a fixed delivery charge of $20 per order. if it costs $1 to store a box for a year, what is the order size and how many times a year should the orders be placed to minimize inventory costs?
If it costs $1 to store a box for a year, the order size is 400 units and the number times a year should the orders be placed to minimize inventory costs is 10 times.
Economic order quantity (EOQ)Economic order quantity:
Using this formula to determine the economic order quantity
EOQ = √[2 (setup costs)(demand rate)] / holding costs.
Let plug in the formula
EOQ =√(2× 20× 4000)/1
EOQ = √160,000
EOQ = 400 units
Number of orders:
Number of orders = Annual Demand / EOQ
Number of order = 4000/400
Number of order = 10 times
Therefore the EOQ is 400 units and the number of orders is 10.
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the tinsley company exchanged land that it had been holding for future plant expansion for a more suitable parcel located farther from residential areas. tinsley carried the land at its original cost of $62,500. according to an independent appraisal, the land currently is worth $150,000. tinsley paid $23,000 in cash to complete the transaction. required: what is the fair value of the new parcel of land received by tinsley assuming the exchange has commercial substance? prepare the journal entry to record the exchange assuming the exchange has commercial substance. prepare the journal entry to record the exchange assuming the exchange lacks commercial substance. prepare the journal entry to record the exchange except that tinsley received $30,000 in the exchange, and the exchange lacks commercial substance.
1. Fair Value of the new land= Fair Value of old land + Cash given
= $150,000 + $23,000
= $173,000
2. Journal Entry for the Transaction-
Dr Land - new $173,000
($150,000 + $23,000)
Cr Cash $23,000
Cr Land - old (book value) $62,000
Cr Gain $88,000
($150,000 - $62,000)
3. Dr Land - new $44,000
($62,500 + $23,000)
Cr Cash $23,000
Land - old (book value)$62,500
what is a Journal Entry?
Journal entry is a process which is done in order to document a business transaction in the accounting records of the company. A journal entry is often made in the general ledger, but it can also be made in a subsidiary ledger and subsequently rolled forward into the general ledger after being summarized. After then, the general ledger is utilized to produce the company's financial statements.
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a bank lends money for a year at an interest rate of 7%, and the inflation rate for that year turns out to be 5%. what is the bank's real rate of return for that year?
sally is a member of a work team at computers-r-us corporation. she often proposes new solutions to team problems. this is an example of which task specialist role?
The specialist role Sally is depicting here is initiation by proposing new solutions to team problems.
What is task specialist role and what role is depicted by Sally?Specialist role is kind of role assigned and performed by expected employees in the company.Here Sally is a member of a work team at computers-r-us corporation, and proposing new solutions.Computers-r-us corporation is an information technology company dealing with IT industry.Sally is depicting the initiation task specialist role in the company , by proposing new solutions.Hence, the specialist role Sally is depicting here is initiation by proposing new solutions to team problems.To know more about work team visit:
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when making historical comparison's of one's income, is it better to use real income or nominal income for the basis of your comparison? explain why one makes a better comparison than the other.
when making historical comparison's of one's income it is better to use real income
What distinguishes real from nominal income, and why is real income more significant?
Real income, commonly referred to as real salary, is the amount of money that a person or organisation actually makes after accounting for inflation. Real income is distinct from nominal income, which does not undergo any modifications. To have the best knowledge of their purchasing power, people frequently closely monitor the difference between their nominal and actual income.
hence , we can say real income is better when making historical comparison's of one's income
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if a contract involves the sale of goods, it is governed by the uniform commercial code (ucc). all other contracts are governed by: blank . multiple choice question. theories of equity the parties' subjective intentions state statute common law
A set of guidelines covering every facet of business sales transactions.
The UCC (Uniform Commercial Code) is a set of rules designed for business dealings conducted in accordance with state-by-state uniform commercial laws. The UCC's regulations cover things like commercial transactions and sales.
Other choices are inaccurate. It has nothing to do with legal agreements, sales, or services.
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which legislation required anyone importing, manufacturing, selling, or dispensing cocaine to register with the treasury department and pay a special tax?
The legislation required anyone importing, manufacturing, selling, or dispensing cocaine to register with the treasury department and pay a special tax The Harrison Act.
What is The Harrison Act?The Harrison Act was a U.S. federal law that regulated and taxed the production, importation, and sale of narcotics and coca products. The Harrison Act was proposed by Rep. Francis Burton Harrison of New York and passed on December 17, 1914. Import, manufacture, mix, trade, prepare, sell, distribute or transfer, or otherwise use opium or coca leaves, salts, derivatives, or preparations thereof; It did not prescribe narcotics, but The Harrison Act was able to prescribe treatment for addiction. Coca Leaf Trade Restrictions Act.Although the distribution and use of cocaine were technically illegal, the distribution, sale, and use of cocaine remained legal for registered businesses and individuals.The Harrison Anti-Narcotic legislation was made up of three U.S. House laws that placed limitations on the availability and usage of opium-based substances.The Opium and Coca Leaves Trade Restrictions Act, also known as House Bills H.R. 1966 and H.R. 1967, was passed along with House Bill H.R. 6282.Cocaine distribution, sale, and use were nonetheless lawful for registered businesses and individuals even if it was officially forbidden for those purposes.To learn more about The Harrison Act from the given link :
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selling global products and using similar marketing techniques worldwide is an example of a group of answer choices regional strategy. multidomestic strategy. international strategy.
A multidomestic strategy is a marketing tactic where a business concentrates on tailoring marketing and sales initiatives to regional markets. In order to cater to regional preferences, norms, and customs, the corporation may launch a new brand in each area.
What is meant by multidomestic strategy?A business strategy that allows various subsidiaries of a global corporation to engage in independent competition in various domestic markets. The multinational organization's head office coordinates marketing strategy, financial management, and in some cases, component production and R&D. For instance, a multidomestic beverage firm might introduce distinctive drink flavors in several areas. Additionally, websites are localized by using regional dialects and frequently including locals.Before entering a new market, businesses usually do a lot of research and may change many parts of their operations to fit the local market. The business establishes regional operations when it first enters the new territory, which could include management, customer support, storefronts, offices, and manufacturing facilities.To Learn more About multidomestic strategy refer to:
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g a company is expected to pay shareholders a $4 dividend next year. if dividends are expected to grow by 4% annually and investors require a 14% return on this stock, what is the stock worth today?
Based on the dividends to be paid in the next year, and the growth rate in dividends, as well as the required return, the stock today would be worth $40.
How to find the value of the stock?When given the dividend to be paid in the next year, the growth rate, and the required return on the stock, stock value or price today can be found using the Gordon Growth Model.
The Gordon Growth Model takes the formula:
Value of stock = Next dividend / (Required return - Dividend growth rate)
The stock worth in the current period can therefore be found to be:
Value of stock = 4 / (14% - 4%)
Value of stock = 4 / 10%
Value of stock = $40
In conclusion, the required return, next dividend to be paid, and the dividend growth rate show that the stock worth is $40.
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if for some reason americans desired to increase their purchases of foreign assets, then other things the same a. the real exchange rate would fall and the quantity of dollars exchanged in the market for foreign currency would rise. b. the real exchange rate would rise and the quantity of dollars exchanged in the market for foreign currency would fall. c. both the real exchange rate and the quantity of dollars exchanged in the market for foreign currency would fall. d. both the real exchange rate and the quantity of dollars exchanged in the market for foreign currency would rise.
If for some reason Americans desired to increase their purchases of foreign assets, then other things the same d. the real exchange rate would fall and the quantity of dollars exchanged in the market for foreign-currency would rise.
What is exchange rate?The rate at which one currency will be exchanged for another is known as the exchange rate.The majority of exchange rates are characterized as floating and fluctuate in response to market supply and demand.Some exchange rates are set or linked to the value of the currency of a particular nation.Exchange rate fluctuations have an impact on businesses by altering the cost of supplies imported from other nations and the demand for their goods among clients abroad.To learn more about exchange rate visit:
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marketing campaigns that are based on environments or activities where the subject is not aware that she or he is the target of a marketing campaign are referred to as
Marketing campaigns that are based on environments or activities where the subject is not aware that she or he is the target of a marketing campaign are referred to as stealth marketing.
What is stealth marketing.?Stealth marketing can be described as the type of marketing that is been used ny the orgaization whereby the customers that are been advertisd to will not be able to have the knowlege that they are been advertised to.
It should be noted that this type of advertising do not require more money ty do compare ,most of the other types of advertising method that is been used.
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which of the following is a true statement regarding consumer behavior and total utility? a. utility will steadily decrease with each additional purchase. b. utility will increase with each additional purchase, but at a decreasing rate. c. utility will increase with each additional purchase, at an increasing rate. d. utility will continue to increase at a steady rate with every additional purchase.
Regarding consumer behavior and total utility, utility will increase with each additional purchase, but at a decreasing rate.
a. Total utility is the culmination of all the pleasure or fulfillment a customer experiences as a result of consuming products or services.
b. With the aid of utils, economists attempt to measure utility and Total utility.
c. Understanding the Law of Diminishing Marginal Utility, which asserts that when more of a particular product or service is used, the extra satisfaction, or marginal utility, diminishes, is essential to understanding total utility.
d. When attempting to evaluate customer behavior, total utility is a key topic addressed.
In general, economic theories hold that consumer behavior is often motivated by the desire to maximize overall utility, which leads to the acquisition of goods that are thought to provide the highest level of utilitarian satisfaction.
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on december 31, 2021, brown co. had a machine with an original cost of $90,000, accumulated depreciation of $75,000, and an estimated salvage value of zero. on december 31, 2021, brown was considering the purchase of a new machine having a five-year life, costing $150,000, and having an estimated salvage value of $30,000 at the end of five years. in its decision concerning the possible purchase of the machine, how much should brown consider as sunk cost at december 31, 2021?
In its decision concerning the possible purchase of the machine, how much should brown consider as sunk cost on December 31, 2021, is 90000. explanation: The cost of old machine will be treated as sunk cost since that Amont has already been spent by the company.
Machinery is a hard and fast asset the gain of that's derived over a protracted length of time. Thus, the acquisition of equipment is a capital expenditure. When you first buy new equipment, you want to debit the unique equipment (i.e., asset) account. And credit score the account you pay for the asset from. Remember to make modifications in your stability sheet to mirror the extra asset you've got and your discount in coins.
Equipment is taken into consideration a noncurrent asset – or constant asset. A noncurrent asset is a protracted-time period funding that your business enterprise makes that isn't always probably to emerge as coins inside an accounting 12 months or does now no longer without problems convert to coins.
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