Jill holding large, open brainstorming sessions for anyone in the company to participate in when working on innovation and new product ideas is an example of an open innovation approach.
What is the marketing aboout?This approach encourages collaboration and inputs from various levels and departments within the company, as opposed to a more traditional approach of limiting new product development to a small, centralized team.
Therefore, By including a wide range of perspectives, open innovation can lead to more diverse and potentially groundbreaking ideas.
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when looking at the entire industry, the main areas in a company's overall value chain where important differences between a firm's cost and value do not occur are in
When looking at the entire industry, the main areas in a company's overall value chain where important differences between a firm's cost and value do not occur are in a company's own internal activities.
What do firms invest?
The sum of the prices of all the inputs a company employs in its manufacturing process is known as total cost.
In addition to worker compensation and customary profit, it also includes the cost of renting land, buildings, and equipment. Two subcategories—fixed costs and variable costs—make up the short-term total cost.
What is a company's economic cost?
When a company uses economic resources to generate goods and services, the overall cost that the company must pay is known as the economic cost. The money that a company spends on input costs is referred to as explicit costs.
One-person businesses, partnerships, limited liability companies, and corporations are examples of firms. The phrase is a little more frequently connected to a partnership.
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when you purchased your car, you took out a five-year annual-payment loan with an interest rate of 6% per year. the annual payment on the car is $5000. you have just made a payment and have now decided to pay off the loan by repaying the outstanding balance. what is the payoff amount for the following scenarios? a. you have owned the car for one year (so there are four years left on the loan)? b. you have owned the car for four years (so there is one year left on the loan)?
17325.53=$5000. (1+6% ) You've had the vehicle for a year (so there are four years left on the loan)
A loan happens when one or more people, companies, or other entities lend money to other people, companies, or other entities. The recipient incurs a debt and is typically obligated to pay interest fees in addition to the principal amount borrowed until the obligation is settled .The documentation proving the debt typically include details such as the principle borrowed, the interest rate imposed by the lender, and the due date. When a loan is issued, the subject asset(s) are temporarily split between the lender and the borrower. The interest payment induces the lender to approve the loan. In a formal loan, each of these obligations and restrictions is upheld.
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on march 15, complete computer service purchased a $25,000 building in exchange for a notes payable. the journal entry to record this transaction would be:
The purchase of a$ 25000 structure in exchange for a notes outstanding would be recorded in the company's account records as follows a disbenefit to the Building account for$ 25000 and a credit to the Notes Payable account for$ 25000.
This journal entry reflects the company's accession of an asset, the structure, and its corresponding increase in arrears, the notes outstanding. The journal entry ensures that the company's balance distance is accurate and over- to- date, reflecting the company's means, arrears, and equity.
In this trade, the company is carrying a structure by taking on a liability in the form of a pledge to repay the amount owed, the notes outstanding, in the future.
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which of the following are practices that contribute to the flexible accumulation of profits by corporations? group of answer choices climate change and outsourcing offshoring and higher taxes in developing nations offshoring and outsourcing higher taxes in developing nations and outsourcing
Higher taxation and offshore in poor countries Higher taxation in underdeveloped countries and outsourcing are methods that help firms accumulate profits in a flexible manner.
In order to ensure that taxpayers are paying the proper amount of tax at the proper time and obtaining the proper tax allowances and tax reliefs, tax compliance refers to both policy actions and individual behavior. A tax is a mandatory financial charge or other sort of levy that is placed on a taxpayer by an administrative body to pay for certain public expenditures and administrative costs. Paying late and avoiding or retaliating against taxation are both legal violations. Taxes can be direct or indirect and can be paid in cash or in the equivalent in effort. Most countries have a taxing system in place,
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what is the primary goal of the accrual basis of accounting?
Revenue must be recognised and reported in the period in which it is earned. It seeks to book expenses in the same accounting period as the income derived from such expenses. A crucial step in the adjusting process is the matching of costs and revenue benefits.
What does accrual accounting serve as?
Instead than focusing on the timing of the corresponding actual cash flows, accrual accounting aims to match revenues and expenses to the time periods in which they were incurred (the matching principle). Accruals are used to show the underlying economic reality of the transaction.
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the doctrine of res ipsa loquitur would permit the court to infer negligence in which of the following situations? a ladder rung broke under the weight of a worker's foot. a sign over a storefront fell on your head. a patron of a restaurant slipped on a wet spot on the floor and hit her head on a chair. all of these.
By demonstrating that the harm would not have typically happened in the absence of carelessness, the plaintiff can establish a rebuttable presumption that the defendant was negligent.
What conditions allow the res ipsa loquitur doctrine to be used in negligence cases?
Res Ipsa Loquitur may be invoked if the defendant is exclusively accountable for the circumstances leading up to the accident or if the defendant was the one who was negligent. A concept or rule of evidence in tort law that provides an inference or assumption that a defendant was negligent in an accident hurting the plaintiff on the basis of circumstantial evidence is to be viewed as the defendant having the sole control over the conditions of the accident.
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While attending school, you work part time at a coffee shop. last year, you made $8,700. why might you still file your taxes, even though you made less than the standard deduction?
Even if you earned less than the standard deduction, you may still opt to submit your taxes for a variety of reasons, including If you had taxes deducted from your paychecks.
during the year, you may be eligible to a refund if the amount withheld exceeded your tax due. you earned less than the standard deduction, you may still opt to submit your taxes for a variety of reasons, including If you had taxes deducted from your paychecks. To claim some credits: Even if your income is less than the standard deduction, you may be entitled for certain tax credits, such as the earned income tax credit, which might lower your tax burden or result in a refund. To get Social Security benefits: Filing a tax return and paying taxes on your earnings will help you accumulate credits toward future Social Security payments.
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in 2021, the bowwow company purchased 11,520 units from its supplier at a cost of $11.00 per unit. bowwow sold 18,120 units of its product in 2021 at a price of $21.00 per unit. bowwow began 2021 with $883,380 in inventory (inventory is carried at a cost of $11.00 per unit). using this information, compute bowwow's gross profit for 2021.
As a result, Bowwow will have a $631,580 loss on its gross profit in 2021. The amount of money a company makes after deducting the cost of goods sold from its revenue is measured by the financial indicator known as gross profit.
A company's gross profit, a crucial financial indicator, shows how much money it makes from sales after deducting cost of products sold. It is computed by deducting the cost of the sold goods from the proceeds from those sales. A company's gross profit offers a picture of its performance and is an important gauge of how effectively it manages its production and sales operations. A corporation with a high gross profit margin will likely have strong sales revenue and effective cost control. A low gross profit margin, on the other hand, can be a sign of weak sales or excessive production expenses.
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assuming an interest rate of 6 percent, the present value of $1 that will be received a year from now is $.75. group startstrue or falsetrue, unselectedfalse, unselected
True, with an interest rate of 6 percent, the present value of $1 that will be received a year from now is $.75.
The formula for calculating the present value of a future amount is:
PV = FV / (1 + r)^t
where:
PV is the present value
FV is the future value
r is the interest rate
t is the number of periods until the future value is received
Plugging in the values given in the question:
PV = $1 / (1 + 0.06)^1
PV = $0.75
So, the present value of $1 received a year from now, at an interest rate of 6 percent, is $0.75.
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corporate dividends received by shareholders are: group of answer choices tax-free because the income is taxed at the personal level when earned by the firm. tax-free because they are distributions of after-tax income. tax-free since the corporation pays tax on that income when it is earned. taxed at the personal level only if the corporation paid no taxes on its income. taxable income to the recipient even though that income was previously taxed at the corporate level.
Corporate dividends received by shareholders are: taxable income of the recipient even though that income was previously taxed.
A dividend is a profit payment provided to shareholders by a company. When a company makes a profit or has a surplus, it can pay out a portion of its profits to shareholders in the form of a dividend. Any funds that are not distributed are reinvested in the firm.
The current year's profit as well as past years' retained earnings are available for distribution; nevertheless, a corporation is normally forbidden from paying a dividend out of its capital. Distributions to shareholders can be sent in cash (typically as a deposit into a bank account) or, if the organisation has a dividend reinvestment plan, the amount can be paid by issuing additional shares or repurchasing existing shares. In some situations, assets may be distributed.
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which of these criteria make a person a good cosigner?
Your prospective cosigner will need to demonstrate their ability to make enough to repay loan should you default in addition to having a strong or exceptional credit score. if they are unable to make enough money.
What qualifications must one have in order to cosign?You must submit the same financial information requested in your loan application in order to be eligible to be a cosigner. For instance: verifying your income.
What does a co-signer do, and what should they think about it?When a borrower does not repay a loan as agreed, a co-signer is someone who consents to legally shoulder the burden. If you're trying to make a big purchase, a co-signer can be an alternative.
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joseph has a passion for quality electronics. his dream is to open up a large electronics store to compete against best buy. he thinks he can utilize supplier relationships to source the latest high-tech electronics at lower prices. therefore, he thinks he can beat best buy on the type of products available as well as with lower price points. joseph is most likely to open up a(n) .
joseph has a passion for excellent electronics. his dream is to open up a big electronics save to compete against pleasant buy. he thinks he can make use of supplier relationships to supply modern-day high-tech electronics at lower prices.
Therefore, he thinks he can beat the exceptional purchase on the kind of merchandise to be had in addition to decreased charge factors. joseph is maximum likely to open up Category killer
A class killer is a retailer, often a large container saves, that makes a specialty of and contains a big product assortment of a given category.109–111 Their wide product alternatives, deep supply, massive buying energy, and comparative benefit over other stores can "kill" a category. stores will even die from their limited choices. In essence, they may be a rate- or cut-price-primarily-based specialist mass store. thru choice, pricing, and market penetration achieve a massive aggressive advantage over other retailers.
A category killer is a huge retail chain superstore that dominates its product category and places less effective and fantastically specialized merchants out of enterprise. An example of a class killer superstore is a domestic Depot, which has appreciably greater square pictures and stock than nearby hardware keeps and offers more desire in a product range.
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john and lucy both apply for policies with acme insurance at the same time. they are exposed to similar hazards and would present essentially the same amount of risk to acme insurance. acme insurance offers lucy a premium policy at excellent rates, but restricts john to a very limited policy with high premiums. acme insurance may be guilty of:
Acme Insurance may be guilty of discrimination based on gender.
What is guilty?Guilty is a legal term used to describe a person who has been convicted of a criminal offense in a court of law. It means the individual has been found to have violated the law and can be subject to punishment, such as a fine, imprisonment, or both. A person is not guilty until a court of law decides the matter, and there are many factors that can result in a guilty verdict, such as evidence, testimony, and the opinion of a jury.
John and Lucy are both exposed to the same level of risk, yet Acme Insurance is offering them different policy options. This could be seen as discriminatory as they are treating them differently due to their gender, which is prohibited under many laws.
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rates of crime and ice cream sales are strongly correlated. a psy 1001 student would interpret that amusing fact as .
Yes, that is a plausible interpretation.
High temperatures have been shown to have a positive correlation with both increased ice cream sales and higher crime rates, so it's possible that hot weather could be the underlying factor driving the correlation between crime and ice cream sales. However, it's also important to note that correlation does not equal causation and other factors could be at play. Further research would be necessary to determine the true nature of the relationship between these variables.
"Rates of crime and ice cream sales are strongly correlated. A Psy 1001 scholar would interpret that amusing fact as most likely due to the effect of a third variable, hot wheather"
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the concept of sae programs follow which association’s goals?
a. National Agriculture Education
b. Supervised Agricultural Experiences
c. An all expense paid trip to Washington.
d. (SAE) programs
The SAE program's design reflects the goals of the (A) National Agriculture Education Association.
What are SAE programs?In a school-based agricultural, food, and natural resources program, a Supervised Agricultural Experience (SAE) is a structured experience and work-based learning opportunity that takes place in a setting outside of regular school hours in order to improve an individual student's industry.
There are three main categories of research SAE programs: analytical, experimental, and inventive.
The ideals of the National Agriculture Education Association are reflected in the SAE program's concept.
A student's project must have all four of the following criteria in order to qualify as an SAE: it must be planned, developed, managed, and overseen.
Professionals in engineering disciplines related to transportation, such as automotive, aerospace, and commercial vehicles, produced SAE standards.
Therefore, the SAE program's design reflects the goals of the (A) National Agriculture Education Association.
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a $1000-face-value bond has a 10% coupon rate, its current price is $960, and its price is expected to increase to $980 next year. calculate the current yield, the expected rate of capital gain, and the expected rate of return.
The current yield for this bond is 9.375%, calculated by dividing the coupon payment of 10% (or $100) by the current price of $960.
The expected rate of capital gain is 2.1%, calculated by dividing the expected bond price increase of $20 by the current price of $960. Lastly, the expected rate of return is 12.5%, which is the current yield of 9.375% plus the expected rate of capital gain of 2.1%.
Bonds are a type of debt security that are issued by governments or corporations and are used to raise capital for various projects. Bonds typically have a fixed face value, coupon rate, maturity date, and interest payment schedule. When a bond is issued, the issuer agrees to pay back the bond’s face value at maturity, plus interest payments at the coupon rate over the life of the bond.
Bondholders are paid a fixed rate of return, which is determined by the coupon rate.
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the company's prior-year tax return showed taxable income of $52,500. compute the company's current income tax expense or benefit.
A tax provision is a company's estimate of the income tax it must pay to the Internal Revenue Service for the current year. It's a form of provision that companies use to prepare for a cost they anticipate incurring in the future.
Bad debts, depreciation, product warranties, pensions, and sales allowances are some other examples of provisions that a firm may need to account for. When it comes to accounting, tax provisions are treated as current tax liabilities since they are money set aside to cover taxes owed in the current year.
The basic idea may be straightforward, but figuring out how to efficiently, accurately, and defensibly prepare for tax provision calculation is not always so easy. Corporate tax departments often spend a significant amount of time and resources trying to estimate the annual tax provision.
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a 32 acre fields yields 768 bushels of corn each year. how many more acres are needed to yield 960 bushels of corn each year
Finding the value of a single unit and then multiplying its amount by the value of a single unit to get the value of more or fewer units is the unitary method's formula.
What is meant by unitary method?
The formula of the unitary method is to find the value of a single unit and then multiply the value of a single unit to the number of units to get the necessary value.
The formula for unitary method is to find the value of a single unit and then find the value of more or fewer units by multiplying their quantity with the value of a single unit. In this example, the number of books corresponds to the “unit” and the cost of the books corresponds to the “value”.
The unitary method is a technique for solving a problem by first finding the value of a single unit, and then finding the necessary value by multiplying the single unit value.
1 acre field corm = 768/32 = 24
= 960 - 768 = 192
Now, 192/24 = 8
= 8 acres.
Therefore, the correct answer is option B) 8.
The complete question is:
A 32 -acre field yields 768 bushels of com each year. How many more acres are needed to yield 960 bushels of com each year?
A) 6
B) 8
C) 10
D) 12
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which of the following is not true of a market economy? group of answer choices in its pure form, it is also known as a laissez-faire economy. the interaction between buyers and sellers answers the basic economic questions of what getsproduced, how it gets produce
In a pure form of a market economy, A: "it is not known as a laissez-faire economy" is not true of a market economy.
A market economy is an economic system where goods and services are produced and traded in a market through the interaction of buyers and sellers, who answer the basic economic questions of what to produce, how to produce it, and for whom to produce it. A laissez-faire economy refers to an economic system with minimal government intervention, allowing market forces to dictate economic decisions. While a pure form of a market economy may approach the principles of laissez-faire, it is not synonymous with the term.
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a company has total equity of $1,905, net working capital of $155, long-term debt of $900, and current liabilities of $930. what is the company's net fixed assets?
Total liabilities and equity = total assets, which equals $1,905 plus $900 plus $930 to equal $3735. NWC = current assets minus current liabilities, which equals $155; current assets are $1085; and net fixed assets are $3735 minus $1085, which is $2,650.
A corporation expects to sell, convert, or consume a current asset—also known as a liquid asset—within one fiscal year or operational cycle. On the other side, non-current assets are very, very long assets that are difficult to quickly convert into cash within a year. The remaining assets that can be used up, sold for cash, or otherwise disposed of within a year are represented by the balance of a company's current assets account on its balance sheet. Cash, cash equivalents, receivables, stock levels, marketable securities, pre-paid liabilities, and other liquid assets are examples of current assets.
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true or false: by pushing for a higher minimum wage for the low-skilled workers, labor unions may drive the wag
Indeed, increased pay may draw in more workers, increasing employment. While some studies indicate that the minimum wage is bad, others suggest that it provides substantial advantages for employees.
Blank 1: Above (Low-skilled workers would seek higher minimum wages, which would raise the minimum wage rate over the equilibrium pay rate and lead to market binding.)
Blank 2: Surplus (When the minimum wage is higher than the equilibrium pay rate, there would be an excess of labour and fewer people would be recruited.)
However, given that unions mostly represent unemployed workers, they would still not push for higher salaries today.
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The correct question is given in the attachment.
an unanticipated event that changes the demand or supply of goods and services either positively or negatively is called an economic
An economic shock is an unexpected event that causes a major change in the demand or supply of goods and services in the economy. Economic shocks can be positive or negative and have sudden or gradual effects.
Positive economic shocks may include technological advances and the discovery of natural resources that increase productivity and economic growth. Negative economic shocks can include natural disasters, epidemics, or recessions that reduce economic output and cause unemployment. Economic shocks can affect a wide range of industries, and some sectors suffer more than others. For example, during a pandemic, the hospitality industry can be hit hard, while the retail industry may be less affected.
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what is the current mainstream consensus when it comes to macroeconomic goals?
The operational definition of this is a level of output and that such unemployment is minimal and inflation is stable and steady. Both MMT and conventional macroeconomics agree that this aim should be a zero output gap.
What are macroeconomics' primary objectives?Summary. The term "macroeconomics" refers to the investigation of the overall economy. The main goals of macroeconomics are to maximize standard of living and achieve steady economic growth.
What is one of a country's economic system's four primary macroeconomic objectives?Price stability, wealth creation than outpaces birth rates, low resource unemployment, plus equitable income and wealth distribution are the four basic economic objectives. Each country will make an effort to use its government to achieve this economic objective.
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you bought 1,000 shares of tund corp. stock for $60.59 per share and sold it for $82.35 per share after a few years. how will your gain or loss be treated when you file your taxes? as a capital gain taxed at the long-term tax rate as a capital gain taxed at the current ordinary-income tax rate
The gain will be considered as a capital appreciation and taxed at the long-term tax rate if you purchased 1,000 shares of Tund Corp. shares for $60.59 per share and sold them for $82.35 per share within a few years.
Explain capital gain taxed at the current ordinary-income tax rate.The gain will be considered as a capital appreciation and taxed at the long-term tax rate. Profits derived from the sale of assets, such stocks or property investment, that have grown in value over time are known as capital gains. A lower rate of taxation applies to long-term capital gains than to short-term investment income, which are gains from assets kept for one year or less. Long-term capital gains are gains from assets held for further than one year. The long-term tax rate on capital gains in the US is dependent on the public purse income level and, as of 2021, it ranges between 0% to 20%. Short-term capital gains and other types of income are subject to the ordinary income tax rate, which is a flat rate.
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at the end of 8 years, your friend wants to have $50,000 saved for a down payment on a house. he expects to earn 8 percent (compounded monthly) on his investments over the next 8 years. how much would your friend have to put in his investment account each month to reach his goal? multiple choice $188 $521 $374 $392
$374 is the calculated required monthly investment amount.
The practice of adding interest to the principal amount of a loan or deposit is known as compound interest, sometimes known as interest on principal and interest.
According to theory, continually compounded interest is when interest is continuously earned on an account balance and reinvested into the balance to boost future interest earnings.
Given:
The amount required (F) = $50,000
Monthly interest rate (r) = r / 12 = 0.08 / 12 = 0.0067
Monthly period (n) = 8 Years * 12 = 96 months
calculation of monthly investment amount:
Required monthly investment amount = F / [(1 + r)ⁿ⁻¹] * r
Required monthly investment amount
= 50000 / [(1 + 0.0067)⁹⁶⁻¹] * 0.0067
Required monthly investment amount = 373.50 = $374
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The Toyota Mirai is a hydrogen fuel cell vehicle which has zero emissions and a 300 mile driving range. Furthermore, the Mirai creates no greenhouse gas emissions in the break down of the vehicle which makes the Mirai an excellent example of Multiple Choice Planet marketing Green marketing Partner marketing Cause marketing Profit marketing
The Toyota Mirai is a hydrogen fuel cell vehicle which has zero emissions and a 300 mile driving range. Furthermore, the Mirai creates no greenhouse gas emissions in the break down of the vehicle which makes the Mirai an excellent example of green marketing.
What is meant by green marketing?
Green marketing refers to the promotion and sale of environmentally friendly products, with the emphasis on the benefits to the environment.
In the case of the Mirai, Toyota promotes the car's zero emissions and the fact that it has no impact on the environment through its use or breakdown, making it a prime example of green marketing.
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The elements of products that may be changed to meet customer needs are features, usage, and _______. a. qualityb.promotionc.protectiond.production
The elements of products that may be changed to meet customer needs are features, usage, and C. protection. It is because the market taste is change in the periodic time based on their necessary.
In the term of economic market and also business, The changes in consumer taste generally can be defined as an increase in e-commerce as well as more demand for sustainable and inclusive products. The change in the economic market is the impact of the emergence of Gen-Z who cares more about the environment and social issues, businesses with a vision aligned with them will benefit greatly. The change in the watch market is significant because the market tastes will continue to change, whether by changing in the features, usage, or also protection.
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for a particular company resource to have meaningful competitive power and perhaps qualify as a basis for competitive advantage, it should
To have a meaningful competitive strength and potentially qualify as a basis for competitive advantage, a given firm's resources must possess the following characteristics:
Valuable: It must provide value to a company's operations, enabling it to serve its customers better or operate more efficiently.Rare: A resource must be difficult for competitors to imitate or obtain, giving the company a unique advantage.Non-copyable: Must be protected from imitation, through means such as patents, trade secrets, or unique processes that are difficult to imitate.Non-replaceable: It should not be easily replaced by alternative sources, giving the company a sustainable advantage over time.If a firm's resources possess these characteristics, it can provide a significant competitive advantage, enabling the firm to outperform its competitors and achieve long-term success.
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lucy is given a voucher that can be spent only on educational expenses. she has a budget constraint with educational expenses on the horizontal axis and everything else on the vertical axis. suppose everything else is comprised only of normal goods. then:
Assume that the only other products are normal goods. After receiving the voucher, Lucy will undoubtedly have to pay more money for other charges.
Does the price of typical goods change in a positive or negative way?Price effects are quite beneficial when it comes to common items. Price and demand are inversely connected for any good or service. For subpar goods like Giffen goods, it is harmful when we see a clear association between price and the amount needed.
What happens to a product when its price goes up?The attributes of the good determine whether the income effect increases or decreases demand for it. People frequently demand more of the equivalent goods as a replacement rather than purchasing as much of the original product when the price of one product increases relative to those of similar products.
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which of the following statements is true? multiple choice question. income statement accounts are temporary accounts, while balance sheet accounts are permanent accounts. the balance sheet reports financial activities only for the current accounting period. the income statement reports the financial position of a company at a point in time.
The balance sheet reports the financial activities only for current accounting period is the correct statement.
What is an accounting period?The time frame utilised in bookkeeping during which management accounts and financial statements are created is known as an accounting period. The accounting period for management accounting is chosen by management and might vary greatly. Financial accounting rules establish the accounting period, which is usually 12 months. Depending on the jurisdiction, the accounting period's start date varies. The International Financial Reporting Standards allows the 52-week accounting term as an alternative to the 12-month period. A financial year may have more than 12 accounting periods in various ERP platforms. The carried over balances from the previous fiscal year and the transactions for the current fiscal year come to an end during the "Year Open" and "Year Close" accounting periods, respectively.
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