Based on the supply and demand expressions given, and the price ceiling imposed, the result would be a shortage of 45 units.
The given expressions are:
Qd = 225 + 22.5
Qs = -22.5 + 1.5p
What would be the equilibrium price?Quantity supplier = Quantity demanded
-22.5 + 1.5p = 225 - 3p
1.5p + 3p = 225 + 22.5
4.5p = 247.50
p = 247.50 / 4.5p
p = $55
What is the shortage or surplus?Shortage = Quantity demanded - Quantity supplied
= (225 + 22.5 x 55) - (-22.5 + 1.5 x 55)
= 90 - 45
= 45 units
There will be a shortage of 45units.
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Which is true about the full block letter format?
every component of the letter is aligned to the left
Define the credit period
Answer:
The credit period is the number of days that a customer is allowed to wait before paying an invoice
Explanation:
This indicates the amount of working capital that a business is willing to invest in its accounts to generate sales
Sarah has 13 stickers. Sissy has 28 stickers. Sissy divides her stickers into 4 equal group. She gives 1 group to Sarah. How many stickers does Sarah have now. Let s=stickers Sarah has now.
Answer:
10
Explanation:
13+28=41
41 devised by 4 is 10
Which of the following is NOT a true statement about monopolies?
a) antitrust laws attempt to reduce monopoly power
b) they try to charge higher prices than would result through competition
C)
they may try to influence the political system in order to protect and enhance
their power
d) by maximizing profits, they ultimately benefit social welfare
Answer:
d
Explanation:
They are monstrous people that bankrupt others for their own well benefit im broke bc of it.
2. The distribution and production of goods and services is determined by the government in a command economy.
True
False
List a professional example for voicemail
Answer: Hope this helps!
Explanation:
Thank you for calling! You have reached the office of [name], [position]. I am currently unavailable to take this call. If this is an emergency, please call my answering service at [number], which is available 24/7. You may also leave a detailed message after the tone and I will call you back as soon as I can. Thank you!
You have reached [name] [position]. Unfortunately, I can’t take your call right now. Please leave a message and include your contact details so I can get back to you as soon as possible. Thank you!
Hi! You’ve reached the office of [name] of [company name]. I’m sorry, I cannot take your call right now. Please leave your detailed message, name, and number and I will call you back as soon as I can.
the amount of money in a savings account is an example of which of the following?
Answer:
A liquid asset
Explanation:
The amount of money in a savings account is an example of which of the following?
A) Investment asset
B) Liquid asset
C) Long term asset
D) Use asset
Which of the following is not a reason that sellers allow customers to use bank (or third-party) credit cards?
a. To be able to charge customers more due to fees and interest.
b. To avoid the risk of customers not paying.
c. To speed up receipt of cash from the credit sale.
d. To increase total sales.
e. To avoid having to decide who gets credit and how much.
The option that is not part of reason why sellers usually allow customers to use bank (or third-party) credit cards is a. To be able to charge customers more due to fees and interest.
What is Credit cards?Credit cards provide the line of credit so that the user can make purchases, balance transfers and/or cash advances.
However, the seller usually allow customers to use bank (or third-party) credit cards because it speeds up receipt of cash from the credit sale.
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A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 5.5%. The probability distributions of the risky funds are:
Expected Return Standard Deviation
Stock fund (S) 16% 34%
Bond fund (B) 10% 25%
The correlation between the fund returns is 0.11.
Required:
a. What would be the investment proportions of your portfolio if you were limited to only the stock and bond funds and the portfolio has to yield an expected return of 12%?
b. Calculate the standard deviation of the portfolio which yields an expected return of 12%.
Based on the probability distributions of the funds and the correlation, the following is true:
Investment proportions would be 33% Equity and 67% debt. Standard deviation would be 21.16%. What would be the Investment proportions?The expected return can be found as:
= (Return on stock x Weight of stock) + (Return on debt x Weight of debt)
As we already have the return as 12%, we can solve the formula for weights :
12% = (16% x Weight of equity ) + (10% x Weight of debt)
12% = (16% x W of equity ) + (10% x (1 - W of equity))
12% = 0.16W + 10% - 0.1W
2% = 0.06W
W = 2% / 0.06
= 33%
Equity is 33% so Debt is 67%.
What would be the standard deviation?= √(Weight of stock ² x Standard deviation of stock ² + Weight of debt ² x Standard deviation of debt² + 2 x standard deviation of stock x standard deviation of debt x Correlation x weight of stock x weight of debt )
= √(33%² x 34% ² + 67%² x 25%² + 2 x 34% x 25% x 0.11 x 0.33 x 0.67)
= 21.16%
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Match the terms with their correct definition:
______ Income
______ Land, labor, capital, entrepreneurship
______ Expenditures
______ Rent, wages, interest, profit
______ Revenue
Answer:
hope to help Please just read
When poor performance is attributed to a lack of knowledge, team members are most likely to respond by
It should be noted that when poor performance is attributed to a lack of knowledge, it's important to undergo training.
What is training?Training simply means the act of teaching an individual a particular skill. This is necessary in organizations to achieve the goals.
When poor performance is attributed to a lack of knowledge, team members are most likely to respond by undergoing training. This will give them the required knowledge.
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Jesus Reyes, a manager at Singular Financial, wants to inspire and motivate his employees by reminding them of Singular's ________, which expresses what the organization wants to become. To that end, Reyes passes out laminated cards printed with its words, so each employee can carry it and refer to it during the workday. He also considered including Singular's ________ on the card, but he decided to make an inspirational poster out of it instead.
Jesus Reyes motivate his employees by reminding them of Singular's vision statements . He also considered including Singular's mission statement.
What is A mission statement?A mission statement is known to be a kind of a short form of statement that talks or state why an organization is formed and also what its total goal is.
It act to identifying the goal of the firm's operations and deals with what kind of product or service it should give to the people, its primary customers or the market.
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Which is an example of ethical divesting? A. Omar sells his shares in a company because of news reports about its destruction of forests in other countries. B. Bethany closes her money market account because she'd rather put that money in an IRA. C. Kendra buys shares in a company because she likes the work it has done recently to give back to the community. D. Thom decides not to buy a short-term bond because it's too risky and basically a junk bond.
An example of ethical divesting is D. Thom decides not to buy a short-term bond because it's too risky and basically a junk bond.
What is ethical divesting?It should be noted that ethical divesting simply means the selling off of a portion of a company's assets in order to improve company value.
In this case, an example of ethical divesting is that Thom decides not to buy a short-term bond because it's too risky and basically a junk bond.
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Answer:
A. Omar sells his shares in a company because of news reports about its destruction of forests in other countries.
Explanation:
Suppose there is a major technological issue in the production of a good that causes production costs and prices to rise. If demand for the product is relatively inelastic, what will happen in the market
If the market for a good that sees its production costs and prices rise is inelastic, the quantity demanded will not change.
What is inelastic demand?A good that has inelastic demand is one that will not see its demand change much when there is a price change.
This means that demand remains more or less the same even if prices rise. Examples of such goods are water and food. The product above will therefore not see its demand change by much.
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what accounts are closed during the closing process? Please answer in complete sentences
Answer:
Brainliest pls
Explanation:
Just income, cost, and profit accounts are shut not a resource, responsibility, Common Stock, or Retained Earnings accounts. The four fundamental stages in the end interaction are: Closing the income accounts-moving the credit adjusts in the income records to a clearing account called Income Summary.
b)A company has issued five-year bonds with the annual coupon and the repayment of principal linked to an index of inflation. The coupon rate is 4.75% and the principal is £100. The index of inflation is currently set at 100. Assume annual inflation rates for the next five years in the table below.
Inflation Rate
Year 1 Year 2 Year 3 Year 4 Year 5
0.88% 1.47% 2.68% 3.28% 4.50%
Calculate the level of the inflation index for each year and use it to determine the coupon payment per bond for each of the five years. In addition, calculate the amount that the company pays bondholders when the debt matures after five years. Your mathematical workings should be clearly outlined in your written presentation.
Answer:Inflation-linked bonds are a way to protect your investment's principal amount from being eroded by the forces of inflation. Inflation refers to the general ...
Explanation:
You are considering the purchase of a stock that is currently selling at $64 per share. You expect the stock to pay $4.50 in dividends next year. a. If dividends are expected to grow at a constant rate of 3 percent per year, what is your expected rate of return on this stock? b. If dividends are expected to grow at a constant rate of 5 percent per year, what is your expected rate of return on this stock? c. What do your answers to parts (a) and (b) say about the impact of dividend growth rates on the expected rate of return on stocks?
Answer:
Price of a constant growth dividend stock is given by Price = D1 / (Re – G) Where, Price = Price of the stock = $64 D1 =…
An Enterprise Social Networking Site in one in which customers can interact with the sales and marketing team of an organization. True False
An Enterprise Social Networking Site indeed is one in which customers can interact with the sales and marketing team of an organization.
What is an Enterprise Social Networking SiteEnterprise social networking is the usage of social media for connecting the business with individuals with similar business interests or activities.
Thus, indeed, an Enterprise Social Networking Site helps customers to interact with the sales and marketing team of an organization.
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At the beginning of the year, SnapIt had $10,000 of inventory. During the year, SnapIt purchased $35,000 of merchandise and sold $30,000 of merchandise. A physical count of inventory at year-end shows $14,000 of inventory exists. Prepare the entry to record inventory shrinkage.
The entry to record the inventory shrinkage is: Debit Cost of Goods sold $15,000; Credit Merchandise inventory $15,000 .
Inventory shrinkageBased on the information given the appropriate journal entry to record the inventory shrinkage is:
Debit Cost of Goods sold $15,000
Credit Merchandise inventory $15,000
($10,000 +$35,000 - $30,000)
(To record inventory shrinkage)
Inconclusion the entry to record the inventory shrinkage is: Debit Cost of Goods sold $15,000; Credit Merchandise inventory $15,000 .
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Procedures and services submitted on a claim must be linked to the __________ code that justifies the need for the service or procedure.
a. explanation of benefits
b. diagnosis
c. remittance advice
d. patient record
Answer:
patient records
Explanation:
The procedures and services you provided you need to note that in patient records.That the right of need for service or procedureProcedures and services submitted on a claim must be linked to the patient record code that justifies the need for the service or procedure. The correct option is d.
What is a patient record?Patient Record refers to those records in any form or medium maintained by, or in the custody or control of, a health care provider relating to the health history, diagnosis, or condition of a patient, or relating to treatment provided or proposed to be provided to the patient.
These records include only records about the patient requesting the records or whose representative requests the records. This record does not include information given in confidence to a health care provider by a person other than another health care provider or the patient, and that material may be removed from any records before inspection or copying under Section 123110 or 123115.
Patient records do not include information contained in aggregate forms such as indices, registers, or logs.
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#SPJ2
Gas, water, and electricity are examples of:
Gas, water, and electricity are examples of UTILITIES
Answer:
Utilities since they are essential services
Explanation:
The decision by many Western businesses to pull out of South Africa in protest of the country’s apartheid government contributed to the economic crisis that ultimately led to the collapse of the apartheid system. The local communities and customers that were negatively impacted by the decisions of the Western businesses can best be described as
The local communities and customers that were negatively impacted by the decisions of the Western businesses can best be described as
Internal stakeholdersWho is an Internal Stakeholder?This refers to the people who are directly affected by the decisions which is taken that has direct impact on things that concerns them.
With this in mind, we can see that the local businesses and customers who were affected in South Africa by the economic crisis which was brought about by the economic sanctions are known as internal stakeholders.
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Discuss the concept of Diversity as per the above video. Do a crítical reasoning analysis using subjective and objective facets
All students who can use the concepts we discussed in class will be able to successfully do this assignment.
Any group that is dysfunctional has a last opportunity to get their act together.
Concept of Diversity
Diversity is a concept which means embracing all types of humans irrespective of their caste, creed, color, race, religion, gender and more. It does not necessarily mean equality, as there are different characteristics of diversity and it has a concept of its own. In other words, diversity has its own set of values plus principles. It is a concept which makes understanding of each group and community’s uniqueness easier.
n a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so (very price sensitive). What is another way to state this fact
Answer:
In the long run, the market will supply any amount of the good at the price where P = min. ATC.
Explanation:
Both supply and demand are more elastic in the long run than the short run, which corresponds to a leveling out of the supply and demand curves.
Intercontinental, Incorporated, uses a perpetual inventory system. Consider the following information about its inventory: July 1, purchased 10 units for $910 or $91 per unit; July 3, purchased 15 units for $1,590 or $106 per unit; July 14, sold 20 units; July 17, purchased 20 units for $2,300 or $115 per unit; July 28, purchased 10 units for $1,190 or $119 per unit; July 31, sold 23 units. Using weighted average, the cost of goods sold for the sale of 23 units on July 31 is ____ and the inventory balance at July 31 is _____.
Using the weighted average method, the cost of goods sold for the sale of 23 units on July 31 is $2,505 (23 x $108.91) and the inventory balance on July 31 is $1,307.
What is the weighted-average method?The weighted-average method of inventory valuation adds all the costs per period and divides this total by the number of units.
The cost of goods sold and the ending inventory costs are based on the computed average cost.
Data and Calculations:July 1, purchased 10 units for $910 or $91 per unit; $910
July 3, purchased 15 units for $1,590 or $106 per unit; $1,590
July 14, sold 20 units
July 17, purchased 20 units for $2,300 or $115 per unit; $2,300
July 28, purchased 10 units for $1,190 or $119 per unit; $1,190
July 31, sold 23 units.
Total units purchased = 55 units $5,990
The average (weighted average) cost per unit = $108.91 ($5,990/55)
Total units sold = 43
Ending inventory in units = 12 (55 - 43)
Thus, using the weighted average method, the cost of goods sold for the sale of 23 units on July 31 is $2,505 (23 x $108.91) and the inventory balance on July 31 is $1,307 (12 x $108.91).
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Mandren Inc. has a fire insurance policy from the Blundi Insurance Company with a 90% coinsurance clause based on replacement cost. The replacement cost of the building is $600,000. The face amount of the policy Mandren purchases is $400,000. If a covered loss in the amount of $200,000 occurs, how much will Mandren collect from their insurer
The amount of compensation that Mandren will collect from their insurer will be $133,333.33 because the Face value is less than the Replacement value
What is the rule of Under-insurance?Generally, the rule of Under-insurance is that the Insurer will never pay more than the extent of subject matter insured.
In this case, the value of subject matter insured (face value) is less than the Replacement value of the property
Given Data
Replacement cost = $600,000.
Face amount of policy = $400,000
Loss amount = $200,000
Loss payable = Face amount/Replacement cost * Loss amount
Loss payable = $400,000 / $600,000 * $200,000
Loss payable = $133,333.3333
Loss payable = $133,333.33.
In conclusion, the amount of compensation that Mandren will collect from their insurer will be $133,333.33 because the Face value is less than the Replacement value.
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When you gather primary or secondary data, whal part of the market information management process are you
participating in?
A Market positioning
B. Market research
C. Data analysis
D. Data mining
During fiscal 2014, BlackBerry Limited wrote down its BB10 smartphone inventory by approximately $1,700,000,000 because its cost exceeded its net realizable value.
Based on the BB10 smartphone being written down by $1,700,000, the journal entry would involve debiting Cost of goods sold and crediting Inventory.
Why would the above be done?The question seeks the journal entry of the above write down. The inventory will be written down by $1,700,000 and this will be charged to the Cost of goods sold.
The journal entry is:
Date Account title Debit Credit
2014 Cost of goods sold $1,700,000
Inventory $1,700,000
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David is a licensed agent who typically represents homeowners looking to sell their house. As an agent, David has limited authority when working with clients, and his duties are limited to those outlined in the listing agreement. How would you characterize David's agency relationship?
The best way to characterize David's agency relationship is:
D. David is a special agent since he is only responsible for one property at a time with limited duties.Who is an Agent?This refers to a person who represents another person and their interests when dealing with the buying or selling of property.
With this in mind, we can see that because David is a licensed agent, he represents homeowners but has limited authority when working with clients and his agency relationship is one that he is a special agent since he is only responsible for one property at a time with limited duties.
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what is accounting receivable?
Answer:
Is the balance of money due to a firm for goods or service delivered or not yet paid
Explanation:
Account are recorded on balance sheet on current account
