The price elasticity of demand in this range is -0.61.
What is the price elasticity of demand?The price elasticity of demand is a measure that is used to determine how the quantity demanded changes when the price of a good changes. The price elasticity of demand is the ratio of the percentage change in quantity demanded to the percentage change in price.
The price elasticity of demand = percentage change in quantity demanded / percentage change in price
percentage change in quantity demanded = (800 / 1000) - 1 = -0.20 = -20%
percentage change in price = (200 / 150) - 1 = 0.33 = 33%
The price elasticity of demand = -20% / 33% = -0.61
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amazon expanded its single-product business by leveraging spare capacity into cloud computing and by offering its kindle line of tablet computers and echo line of digital assistants. this is an example of
Amazon expanded its single-product business by leveraging spare capacity into cloud computing and by offering its kindle line of tablet computers and echo line of digital assistants. This is an example of related linked diversification.
What is related to linked diversification?Related, linked diversification is described as a form of diversification strategy. In this strategy, a company will have one-to-one relationships with the various components. This means that the company earns 70 percent of its revenue from its dominant businesses, and the businesses have no common links.
Amazon has its biggest e-commerce business. However, it earns the majority of its revenue from cloud computing. This is a classic example of related linked diversification, in which the products have no common links between the different business types carried out by Amazon.
It can be concluded that Amazon expanded its single-product business by leveraging spare capacity into cloud computing and by offering its kindle line of tablet computers and echo line of digital assistants. This is an example of related linked diversification.
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when an organization deliberately prices a product above the prices set for competing products, to entice those customers for whom pricing doesn't matter, the firm is engaging in
A pricing strategy known as predatory pricing is undercutting the competition for an extended period of time in order to drive them out of the market. Other providers are forced to leave the market because they are unable to compete when prices are set below costs.
Predatory Pricing: What Is It?Setting prices artificially low in an effort to drive out competitors is known as predatory pricing.Antitrust rules are broken by predatory pricing because it leaves markets more open to monopolies. However, accusations of this technique can be challenging to prove because defendants may be successful in arguing that price reductions are a natural result of competition rather than a calculated effort to weaken the market. Furthermore, due to the challenges in recovering lost revenue and effectively removing competitors, predatory pricing doesn't always achieve its purpose.The practice of predatory pricing involves a vendor setting a price so low that other suppliers are unable to compete and are compelled to leave the market. When a business does this, it first loses money, but over time, it gains because it eliminates rivals from the market and may raise prices once more.To Learn more About pricing strategy refer to:
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which technique for making comparisons as part of a performance appraisal asks that managers order employees in a ranked group from highest performer to lowest performer?
The simple ranking can be described as the technique for making comparisons as part of a performance appraisal asks that managers order employees in a ranked group from highest performer to lowest performer.
What is simple ranking method?In the act of performance management the term simple ranking can be described as the type of ranking that has to do with the formal method of appraisal that is used to check the performance of workers.
That is, it is used to check the worth of the employees in such a way that they would be ranked from the highest to the lowest staff or from the best to the worst.
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is the oldest and simplest formal systematic method of performance appraisal in which employee is compared with all others for the purpose of placing order of worth. The employees are ranked from the highest to the lowest or from the best to the worst.
in the context of performance appraisals, in which of the following appraisal methods are managers most likely to make leniency and strictness errors? a. the forced distribution method b. the ranking method c. the comparative evaluation method
In the context of performance appraisals, The appraisal methods are managers most likely to make leniency and strictness errors the graphic rating scale method.
A graphical rating scale (sometimes called a Likert scale) is a performance appraisal method that lists desirable traits and behaviors for each role and rates each employee on a numbered scale.
The graphic Rating Scale is a performance evaluation method that evaluates employees on key criteria related to performance and productivity.
Graphic rating scales as a technique are very effective in representing employee behavior in a quantifiable and comparable format. These ratings are compared among employees and stakeholders and can be used to benchmark and improve overall performance.
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berry co. purchases a patent on january 1, 2021, for $30,000 and the patent has an expected useful life of five years with no residual value. assuming berry co. uses the straight-line method, what is the amortization expense for the year ended december 31, 2022?
$6000 is the amortization expense for the year ended December 31, 2022 if the patent has an expected useful life of five years with no residual value.
purchase cost a patent on january 1, 2021= $30,000
expected useful life = 5 years
$30000/5years =$6000 amortization per year
$6000 is the amortization expense for the year ended December 31, 2022.
Amortization expenses reflect the cost of long-term assets (such as computers and vehicles) over their useful life. They show up on a company's income statement as depreciation expenses.
In business, amortization is the practice of depreciating the value of an intangible asset, such as a patent or a copyright, over the course of its useful life. Amortization expenses can have an impact on a company's income statement, balance sheet, and tax liability.
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to create an enforceable security interest between mortgage bank and nations property company with a written security agreement, the agreement must be signed by
The debtor must sign the security agreement for there to be an enforceable security interest between the mortgage bank and the nations property firm. Hence, Option A is correct.
What is a security agreement?An unambiguous security agreement is one that contains a clause that says that a security interest will be created as a result of a particular agreement, instrument, or other document or arrangement.
An arrangement that creates a security interest is known as a security interest agreement, instrument, or arrangement.
In terms of American law, a security agreement is a contract that regulates the interaction between the parties to a certain type of financial transaction known as a secured transaction.
Therefore, Option A is correct.
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The complete question has been attached in text form:
To create an enforceable security interest between Mortgage Bank and Nations Property Company with a written security agreement, the agreement must be signed by
a. the debtor
b. the creditor
c. all of the choices
d. a disinterested third-party witness
you are considering a project with an initial cost of $4,300. what is the payback period for this project if the cash inflows are $550, $970, $2,600, and $500 a year for years 1 to 4, respectively? a) 2.04 years b) 2.36 years c) 2.89 years d) 3.04 years e) 3.36 years
For the given initial investment and cash inflows, the payback period for the project is 3.36 years (option e)
Payback period is the period where the initial investment is paid back by the cash inflows.
Data from the problem:
Initial investment = $4,300
Cash inflows:
Year Cash inflows Accumulated cash inflows
1 $550 $550
2 $970 $1520
3 $2,600 $4120
4 $500 $4620
Notice that at the end of the 3rd year, the accumulated cash inflows is $4120, while the initial investment is $4,300. Hence, we need $4,300 - $4,120 = $180 more to make the accumulated cash inflows equal to the initial investment.
Since, the cash inflows at the 4th year is $500, it is expected that $180 will be obtained within:
180/500 = 0.36 year
Therefore, total period = 3 years + 0.36 year = 3.36 years
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Why would a young adult be likely to purchase disability insurance?
Answer:
D
Explanation:
The only time a healthy young person will purchase disability assurance is when they work in an interstate that requires them to this interesting will most likely be dangerous
g suppose that a country is in a steady state when a war destroys a third of the adult population and half of the capital stock, but nothing else is affected. what should we expect to happen? a) the country's steady-state level of output will rise, but the country's capital stock will rise to reach it. b) the country's output will jump above its steady-state and then capital stock will slowly fall. c) the country's steady-state level of output not change, neither will its current level of capital per worker. d) the country's output will fall below its steady-state and then capital stock, and hence output, will slowly rise
When a country is in steady state when a war destroys a third of the adult population, we should expect that the country's output will fall below its steady-state and then capital stock, and hence output, will slowly rise.
Option D is correct .
Solow model :Solow model was developed by the economist Robert Solow, who won the Nobel prize and was the base of ultramodern proposition of profitable growth. It explains the timely change in affair position due to changes in population rate, saving and technological progress in an frugality or steady state . It's an exogenous model able of calculating the total productivity in the frugality. This states steady state level.
Steady state :A system in which a process is in a steady state if the variables( called state variables) which define the geste of the system or the process are unchanging in time. In nonstop time, this means that for those parcels p of the system, the partial outgrowth with respect to time is zero . This overall process is steady state .
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Which policy sought to further american interests in latin america by using the financial power of american business?.
Dollar diplomacy was the policy sought to further American interests in Latin America by using the financial power of American business.
What is Dollar diplomacy?Dollar diplomacy refers to American foreign policy to minimize threats of military force. The term Dollar diplomacy was introduced by William Howard Taft and his secretary Philander C. Knox in 1912, In order to ensure financial stability of Latin American and Eat Asian countries. Dollar diplomacy refers to the process in which a county's financial power is used to extend international influence.
Dollar diplomacy played an important role in widening the economic markets of America and also established Unites states as a predominant power. Dollar diplomacy helped to boost the struggling economies of Latin American and East Asian countries while expanding the US. The countries like China, Mexico, Dominican Republic and Russia. In spite of the success dollar diplomacy failed to prevent economic instability and revolutions in Mexico, China and Dominican Republic.
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describe the impact that technology has on an accounting system by completing the following sentence. technology provides accuracy and in performing accounting .
Technology increases the speed of processing transactions, the technology provides accuracy and in performing accounting . A system for gathering, storing, and analyzing financial and accounting data utilized by decision-makers is known as an accounting as an information system (AIS).
An accounting information system, in conjunction with information technology resources, is typically a computer-based approach for the monitoring accounting operations. Accounting professionals can swiftly and efficiently process massive amounts of the financial data using computerized accounting systems. The amount of time required to end each accounting period has decreased as a result of the faster processing speeds for individual transactions.
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companies, and even countries supporting their home countries, have been accused of violating this world trade organization provision by selling products for a price less than the cost of production in order to capture market share and force competitors out of the market. this is known as .
restricts or replaces another country's exports to third countries; considerably lowers the price of a "like product" (a product that is identical to or comparable to one produced by another country); or expands the subsidizing country's global market share for a specific main good or commodity.
The WTO's six main goals are to: countries
(1) establish and uphold international trade regulations;
(2) offer a forum for negotiating and monitoring further trade liberalization;
(3) settle trade disputes;
(4) improve decision-making process transparency; and countries
(5) work with other significant international economic institutions. the primary variations. Ad hoc and provisional, GATT. There were no provisions for the formation of an organization in the General Agreement, which was never confirmed in the parliaments of the members. The WTO and the agreements it has made are eternal. The WTO's overarching goal is to support its members in using trade as a tool to enhance people's lives, raise living standards, and generate jobs commodity.
The WTO manages the world trade system and aids poorer nations in increasing their trade capability. In the exporter market, an export subsidy reduces consumer excess and increases producer surplus. A producer surplus is increased in the export market and decreased in the import country market as a result of an export subsidy. When a major country applies an export subsidy, national welfare is reduced commodity.
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gas prices recently increased by 25%. in response, purchases of gasoline decreased by 5%. based on this data, the price elasticity of demand for gas is:
The price elasticity of demand for gas will be 0.2
According to the law of demand, the quantity demanded of a product falls with an increase in its price and vice versa. The percentage of the quantity of demand because of the stated increase in the price is measured using the price elasticity of demand.
In the given question, the quantity of demand decreases by 5%, and the prices increase by 25%. To calculate the price elasticity of demand, we have the formula:
=> [tex]E_{d} = \frac{Percentage of change in quantity of demand}{Percentage of change in price}[/tex]
=> [tex]E_{d} = \frac{5}{25}[/tex]
=> [tex]E_{d} = 0.2[/tex]
Hence, we get the price elasticity of demand for gas as 0.2
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The goal of the accounts receivable methods is to adjust the allowance for doubtful accounts balance so that?.
The adjusted balance is equal to the estimate of uncollectible accounts receivable. An allowance for doubtful accounts is a contra-asset account that nets against the total receivables presented on the balance sheet to reflect only the amounts expected to be paid.
There are three exclusive kinds of allowances. Those three varieties of allowances encompass: non-taxable, in part taxable, and taxable. Reimbursement: fee made by using the agency to the employee to cowl expenses is referred to as repayment.
Even as all will pay are taxable, maximum allowances are tax-exempt. The number one allowances for maximum individuals are BAS and BAH, which can be tax-exempt. Conus COLA is one allowance this is taxable. A law change mandated that each allowance created after 1986 could be taxable.
An allowance is an amount of cash given or allotted typically at everyday intervals for a particular purpose. Within the context of children, mother and father might also offer an allowance (British English: pocket money) to their toddler for his or her miscellaneous non-public spending.
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What is the term for the removal or relaxation of the rules affecting businesses within certain industries?.
Deregulation is the term for the removal or relaxation of the rules affecting businesses within certain industries.
When there may be a discrepancy between what employees need in phrases of income will increase, blessings, running situations, and task security and what management is inclined to offer, the two facets interact in a method known as collective bargaining.
Deregulation is the procedure of doing away with or lowering country regulations, generally in the economic sphere. It is the repeal of governmental law of the financial system.
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timothy owns 540 shares of countess corporation, which is priced at $13.53 per share. the company plans a 1-for-4 reverse stock split. how many shares will timothy own and what will the share price be after the reverse stock split?
The share price after the reverse stock split will be $1826.55.
What is the share price?
The cost of one share of a company is known as share price.
What is the reverse stock split?
Companies can lower the number of outstanding shares in the market by implementing a reverse stock split.
Given that the number of shares of Timothy is 540.
Now Company plans a 1 for 4 reverse stock split.
It means if he sell 4 shares then he will get price of one share.
The number of shares of Timothy is one fourth of his total number of shares.
The number of shares is (540/4) = 135
The priced of one share is $13.53.
The cost of 135 shares is $(135 × 13.53) = $1826.55
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question innovations in shipping and the growth of commercial networks were most directly related to which of the following other developments of the first half of the nineteenth century? responses a decrease in the availability of jobs for recent immigrants a decrease in the availability of jobs for recent immigrants an increase in the number of americans moving west of the appalachian mountains an increase in the number of americans moving west of the appalachian mountains the spread of industrialization to most cities in the south the spread of industrialization to most cities in the south an increase in the production in the home of goods used by families
The other development of first half of nineteenth century is -- An increase in the number of Americans moving west of the Appalachian Mountains
What's a commercial network?
Commercial networks are large networks, and the large difference between home networks and large commercial networks is the size. Commercial networks make use of analogous protocols, networking topology, and services as their lower relatives, home networks do.
Spread of industrialization :The Spread of Industrial Revolution first began in Great Britain in the 18th century with the invention of the brume machine, an invention which would soon change the world. Industrial spread fleetly to other countries which handed them with new technologies constructed by artificial period formulators.
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Josie is a teenage girl who wants to start a jewelry-making business. Her target market is females, ages 10-14. What price should she charge per necklace that she sells?.
Since his target market is youngsters, Josie's target audience is females between the ages of 10 and 14.
The definition of a target market is A company's target market is a portion of the market that is open to it. Marketing efforts and resources are frequently concentrated on the target market because no organization has unlimited marketing resources or money for advertising.
2. Josie should charge between one and ten dollars for each necklace target market considering that her target market consists of ladies between the ages of 10 and 14.
3. Because the focus group was set up to obtain opinions from a target market, the results from the focus group are descriptive rather than quantifiable, which means that the focus group is producing qualitative data.
4. A small boutique's inventory was chosen using quantitative data from an online article on European fashion trends.
To categorise data, choose one of the four broad categories.
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souder's project screening criterion that indicates an effective model must reflect organization objectives, including a firm's strategic goals and mission is called: comparability. ease of use. realism. capability.
Realism is Souder's project screening criterion, according to which a successful model must mirror organizational objectives, such as a firm's strategic goals and mission.
Realism is Souder's project screening criterion, and it states that a model must accurately reflect organizational objectives, including a firm's strategic goals and mission, in order to be effective.
In the arts, realism typically refers to the desire to accurately and naturally depict the subject matter while avoiding speculative fiction and supernatural elements. Despite the fact that these two names are not synonymous, they are frequently used interchangeably.
A lovely butterfly, for instance, is attractive in actuality and not only according to our perception of color and beauty. Similar to how a naive realist would claim that something is genuinely ugly rather than being ugly because we think it is.
Human nature realism, state-centric realism, and system-centric realism are the three streams of realist thinking.
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when the last heir of a property owner dies, absent a provision in a will devising the property, title will revert to: select one: a. heirs of the deceased. b. landlord. c. utility company. d. the state.
When the last heir of a property owner dies, absent a provision in a will devising the property, title will revert to the state.
Option D is correct.
What is Heir of property?An heir at law is a person who's fairly entitled to collect an heritage when a departed person didn't formalize a last will and testament. Generally speaking, heirs at law who inherit the property are children, descendants, or other close cousins of the stiff.
Who gets the property after death?These include close cousins similar as a partner, parents, children, and their successors. Parents, daughters, and sons will all get equal shares. also, the partner will also get one share. still, if there's further than one surviving partner, also they all will get the one portion they are entitled to.
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after setting a five-year goal for their company, a group of managers look at where the company is today and the steps needed to achieve the final goal. they are using a technique called . question 22 options: overregularization means-end analysis analogies systematic random search
After setting a five-year goal for their company, a group of managers looks at where the company is today and the steps needed to achieve the final goal. they are using a technique called means-end analysis.
A common problem-solving method in artificial intelligence for limiting search in AI programs is means-ends analysis. Additionally, it is a creative tool that has been employed at least since the 1950s and is most usually discussed in engineering publications on design techniques.
A key idea in artificial intelligence (AI) is means-end analysis (MEA), which helps in issue-solving. By identifying the objective and creating the appropriate action plan, MEA resolves issues. In AI programs, this method is used to restrict the search.
In essence, Means-End Analysis is an early version of the Gap Analysis that we use frequently today. In their 1972 book, "Human Problem Solving," Allen Newell and Herbert Simon presented their creation from the late 1950s.
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an employee is taking cash and making up the difference by holding the deposit until the next cash receipts are received. the best procedure to discover this fraud is .
An employee altering accounts receivables to conceal stolen cash is a fraudulent practice known as a "lapping scheme."Using a subsequent receivables payment from a transaction, such as a sale, to cover the theft is the strategy.
Is it fraud to steal cash receipts?
The majority of receipt fraud is committed by an organization's employees. It could occur if incoming cash or checks are stolen, or if customer debt records are altered in exchange for cash rewards or other incentives. Action Fraud should be notified of any fraudulent activity.
What is the term for when staff at a client take cash from the bank?
Using company or client assets for personal gain is known as asset misappropriation. Another name for this is "stealing." Asset misappropriation can be broken down into two main categories: non-cash and cash.
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by creating its own direct sales force, a company can multiple choice question. reduce materials handling and shipping costs. eliminate middle management. circumvent the need for distributors or dealers. outsource certain value chain activities.
By creating its own direct sales force, a company can eliminate middle management.
Management is the administration of an corporation, whether it's far a enterprise, a non-earnings business enterprise, or a government frame. it's far the artwork and science of dealing with resources of the enterprise.
The management definition is a unmarried or group of folks who demanding situations and oversees a person or collective group of human beings in efforts to perform desired goals and goals. moreover, the definition of management consists of the potential to devise, arrange, display and direct individuals.
Inside the only of phrases, commercial enterprise control refers to the coordination and management of commercial enterprise sports, obligations, and sources to attain a fixed objective. This regularly entails supervision and education of team of workers, overseeing middle operations, and designing employer infrastructure to optimize for the destiny.
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Which of the following information is needed when creating an effective budget? (1 point)
Onet income, variable expenses, fixed expenses, and savings
O gross income, variable income, fixed income, and savings
O net income, variable income, fixed income, and savings
O gross income, variable expenses, fixed expenses, and savings
Information is needed when creating an effective budget is net income, variable expenses, fixed expenses, and savings.
What is net income?Net income refers to the income of an individual or company after deducting expenses, benefits and taxes.
In business, net income is what a business has left over after all expenses, including wages, costs of goods or raw materials, and taxes. For an individual, net income is "take home" money after taxes, health insurance and pension contributions are deducted. Net income should ideally be greater than expenses to demonstrate financial health.
To calculate net income, take gross income - the total amount of money earned - and then subtract expenses such as taxes and interest payments.
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missy is assessing global entry strategies for her organic yogurt shops. she does not want to take a lot of risk and is willing to limit her control of international stores. missy will most likely use a(n) blank strategy.
Because starting a new business in a foreign country is expensive and time-consuming, greenfield investments are considered to be very risky. A company might need to hire consultants or business partners to help it gain information and experience about the current market.
Missy is considering international entry methods for her healthy yogurt stores. She is willing to limit her authority over foreign stores since she does not want to take too many risks. Missy will probably employ a (blank) strategy.
The direct sale of goods and/or services to another nation is known as exporting. It is possibly the least risky and most well-known way to join a foreign market.
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of the feasible and efficient points on the production possibilities curve (ppc) above, producing at which point will lead to the most economic growth in the future?
Point N of the production possibilities curve is the point which will lead to the most economic growth in the future.
What is production possibilities curve and how this point will lead to the most economic growth?Production possibilities curve that is ppc curve is a curve between capital goods and consumer goods.In the graph is mentioned several points and the shape of the curve is parabola.Here the question is asked about the point with most economic growth in the future.And the answer will be point N which will depict the most economically productive point.Hence of the feasible and efficient points on the ppc , producing at point N the production will be most.To know more about production visit:
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tasty tangerine is currently selling 50,000 boxes for $25 per box. variable cost per box is $17 and fixed costs total $260,000. a plan is being considered to spend $60,000 on advertising and reduce the selling price by $2 per box. management believes this plan will increase sales volume by 24,000 boxes. if management's predictions are correct, making these changes will cause net income for the year to blank . multiple choice question. increase by $44,000 increase by $132,000 decrease by $104,000 decrease by $16,000
The income will reduce by $16000
Fixed cost = $260000
Variable cost per box = $17
Total cost for 50000 boxes = 260000 + 17*50000 = 260000 + 850000 = $1110000
Selling price per box = $25
Total revenue from selling 50000 boxes = 50000*25 = $1250000
Profit before advertisement expenditure is incurred = $1250000 - $1110000
= $140000
Expected expense on advertising by tasty tangerine= $60000
The variable cost for 74000 boxes = 74000*17 = 1258000
Total cost after advertising expense = $1258000 + 60000 + 260000 = $1578000
Selling price after $2 reduction = $23
The volume of sales after 24000 boxes increment = 74000 boxes
Total revenue post increment = 74000*23 = $1702000
Net income = $1702000 - $1578000 = $ 124000
Decrease = $140000-$124000 = $16000
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an analysis of the relationships, travel patterns, and economic links between members of a columbian drug cartel is an example of which type of analys
Criminal Justice Research Analysis
What are Cartels ? How do they work ?
An official agreement between a group of producers of an item or service to control supply in order to control or manipulate pricing gives rise to a cartel, which is an organization. In other terms, a cartel is a group of separate companies or nations acting jointly as if they were a single producer, allowing them to set prices for the goods and services they manufacture and provide without having to face competition.
A cartel is a group of separate companies or organizations that band together to fix prices on goods or services.
Cartels, which compete against one another in the same market, aim to lessen that competition by coordinating price controls.
Among the strategies utilized by cartels include supply reduction, price-fixing.
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kingery corporation began the calendar (and fiscal) year with a simple structure consisting of 39,000 shares of common stock outstanding. on may 1, 9,000 additional shares were issued, and another 6,000 shares were issued on september 1. the company had a net income for the year of $245,000. round answers to two decimal places. a. compute the earnings per share of common stock. $answer b. assume that the company also had 8,000 shares of 4%, $20 par value cumulative preferred stock outstanding throughout the year. compute the basic earnings per share of common stock.
The complete or appropriate share or part given to, belonging to, contributing to, or owing by a person or group. one of the equally spaced fractional pieces that make up a corporation's or joint-stock company's capital stock.
Explain about the share in stock market?The smallest unit of stock in a firm is called a share. Therefore, the appropriate word to employ when allocating stock and referring to certain attributes is shares. In a technical sense, shares correspond to stock units. The terms "common" and "preferred" describe several classes of a company's shares.
Reason: a. Determine the common stock's earnings per share (EPS).
Number of common shares outstanding = $2,45,000 ÷54,000 = $4.53
per share Number of shares outstanding = 39,000 + 9,000 + 6000 = 54,000 EPS = Net income
b. Calculate the common stock's basic earnings per share.
Preferred dividend is equal to 8,000 x $20 x 4%, = $6,400.
Basic EPS = (Net income - Preferred dividend) Shares in Issue = (2,45,000 - 6,400) ÷54000 = $4.41 per share
EPS equals $4.58 per share.
Basic EPS equals $4.41 per share.
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true or false: an internal control goal for cash receipts is to ensure that the business documents the correct amount of cash received and safely depo
The goal of cash receipt controls is to make sure that all money—checks, coins, currency, and credit cards—is properly recorded and deposited on time.
What exactly are internal controls for payments and cash receipts?
To control cash exchanges, associations ought to take on a portion of the accompanying practices: Use a lockbox to accept cash payments from customers, separate duties, keep all cash and assets safe, and require background checks for employees.
What are the four cash-related internal control measures?
Cash is subject to four internal control measures. The separation of duties, the use of written protocols, background checks on employees, and storing assets and cash in safe places are examples of these.
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