False. For each firm they audit, the outside auditors are in charge of setting up and maintaining effective internal controls.
Describe auditors.
An audit is performed by an auditor, who can be an individual or a business. To work as an auditor, a person must be qualified by the body that regulates accounting and auditing, in addition to meeting other qualifications. An auditor is someone trained to look over financial records, validate their accuracy, and ensure that companies are adhering to tax laws. Among the most common categories of auditors are tax auditors, financial auditors, internal auditors, and others. To obtain a reasonable assurance of the absence, the auditor has a responsibility to plan and conduct the audit.
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a product can be produced on four different machines. each machine has a fixed setup cost, variable production costs per-unit-processed, and a production capacity given in table 5. a total of 2,000 units of the product must be produced. formulate an ilp (integer linear programming) model to minimize total costs.
The product needs to be produced in a total of 2000 units. Create an IP that will show us how to reduce overall costs.
Give an example of fixed costs?A wide range of expenses are classified as fixed costs, including rent or lease payments, salaries, insurance, property taxes, interest costs, depreciation, and possibly some utilities. For instance, a person starting a new company would probably start with fixed costs like rent and managerial wages.
Machine Variable Cost per Unit, Fixed Cost Capacity
1:-1000 20 900
2:- 900 25 1000
3:-800 16 1100
4:-700 30 2000
The attachment contains the year 2000.
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What is the effect of an increase in consumer income and an improvement in technology?a) Equilibrium price increases, change in equilibrium quantity uncertainb) Equilibrium price decreases, change in equilibrium quantity uncertainc) Change in equilibrium price uncertain, equilibrium quantity increasesd) Change in equilibrium price uncertain, equilibrium quantity decreases
Due to a lack of information regarding the production costs incurred, the impact of technology advancement on equilibrium price will be unknown.
What impact does a rise in technological development have on the equilibrium pricing and quantity?
The solution is b. We anticipate a decline in equilibrium pricing and an increase in equilibrium quantity. The supply curve is pushed to the right with increased production technology because the supplier can produce the product at a cheaper cost. The supplier is willing to produce more goods for less money.
What changes in the technology used to produce the items have an impact on equilibrium quantity and price?
The supply of the commodity will rise as a result of technological advancement. This induces the supply curve to move to the right. The equilibrium price will fall and the equilibrium quantity will rise as a result of rising supply and stable demand.
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vertical analysis of financial statements is accomplished by preparing common-size statements. group startstrue or falsetrue, unselectedfalse, unselected
True, By creating common-size financial statements, vertical analysis of financial statements is performed. start group strue or false Unselected true Unselected false, an accurate statement.
By creating common-size financial statements, vertical analysis of financial statements is performed. All financial statement elements are shown in common-size statements as a percentage of a base amount, usually total assets or net sales. This technique of analysis makes it simpler to compare financial statements from the same firm or from different companies across various time periods. The percentage of various components in the financial accounts, as well as trends and relative size, may be determined using common-size statements. Common-size statements make it simpler to spot important trends, comparative strengths and weaknesses, and problem areas by presenting all data in relative terms. In summary, vertical analysis using common-size statements is a helpful method for financial statement analysis and offers insightful data on the status and performance of a company's finances.
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small companies are particularly adept at competing with larger companies when they focus on: a. becoming a low-cost producer. b. customer service. c. mass market advertising.
The small companies are particularly adept at competing with the larger companies when they focus on customer service.
What is customer service?Customer service is the direct one-on-one communication between a buyer and a salesperson from the business they are buying from. The majority of retailers view this face-to-face engagement as a crucial element in assuring customer happiness and promoting repeat business. Even now, when a large portion of customer service is handled by automated self-service platforms, most firms still view the ability to speak with a live person as essential. In the majority of businesses, employees who never interact with customers work behind the scenes. The people who deal directly with customers are customer service agents. The interaction with that person has a significant impact on how customers view the business and the product.
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of the three types of unemployment described, which one usually involves the least amount of hardship to the unemployed and the lowest cost to the government and to society as a whole?
Frictional unemployment is one usually involves the least amount of hardship to the unemployed and the lowest cost to the government and to society as a whole.
Option A is correct.
Frictional unemployment:A type of short-term unemployment is frictional unemployment. A person experiences frictional unemployment when they actively seek employment or a new career. Frictional unemployment is not always undesirable. In fact, frictional unemployment can indicate a healthy economy because it is voluntary.
What other name is given to frictional unemployment?Workers looking for new work or moving from one job to another are the causes of frictional unemployment. Because it is unrelated to the factors that cause an economy to perform poorly, it is also referred to as "natural unemployment."
Question incomplete:Of the three types of unemployment described, which one usually involves the least amount of hardship to the unemployed and the lowest cost to the government and to society as a whole?
A. Frictional Unemployment
B. Structural Unemployment
C. Cyclical unemployment
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Determine if the items below are characteristics of taxes, subsidies or both. Assume that markets are perfectly competitive.
1. Create a wedge between the price that buyers pay and the price that sellers receive.
2. Increase the price that buyers pay.
3. Result in dead weight loss.
4. Increase the price that sellers receive.
5. Result in government revenue.
6. Shared by both buyers sellers.Characteristic of : Taxes only Subsidies only Both Taxes and Subsidies
Both buyers and sellers share. Features: Only taxes and only subsidies both taxes and financial aid.
Who is a buyer in business?A buyer, sometimes known as a purchasing agent, is in charge of buying products for a company. They are responsible for negotiating contracts with suppliers, looking into potential purchases, and taking stock of the current product line.
Who is buyer and seller?Seller and Buyer. A buyer is defined as an individual who sells or has contracted to buy goods in Section 2(1) of the Act. A buyer is among the participants in the agreement because a sale is an agreement between two people. The Act's section 2 defines "seller" (13). A salesman is someone who has made a deal to sell something.
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the total cost of a cost object can only include the direct costs that are directly traced to that cost object. question content area bottom part 1 true false
False. The total cost of a cost object can include both direct costs and indirect costs. Direct costs are costs that can be directly traced to the cost object, such as direct materials or direct labor.
Indirect costs, on the other hand, are costs that cannot be directly traced to the cost object but are still incurred in the production process, such as indirect materials or indirect labor. Both direct and indirect costs are important in determining the total cost of a cost object, as they provide a comprehensive picture of the total resources that are consumed in producing the cost object. By including both direct and indirect costs, the total cost of the cost object can be accurately determined and used for decision-making purposes such as pricing, budgeting, and cost control.
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The total cost of a cost object can only include the direct costs that are directly traced to that cost object. TRUE/FALSE ?
an information- and communication-based electronic exchange environment occupied by computer technologies and digitized offerings is called blank . multiple choice question.
Marketspace is an electronic exchange environment based on information and communication that is primarily inhabited by advanced computer and telecommunications technologies and digitised offerings.
What is marketspace?An information and communication-based digital trade environment is known as a marketspace. A marketing idea called it first surfaced in the middle of the 1990s. Physical limits in marketspaces do affect buy/sell decisions. There are several marketspaces accessible that are sector-specific. An information and communication-based digital trade environment is known as a marketspace. Through the use of networked components like blogs, forums, and specialised applications, transactions involving the exchange of knowledge and/or tangible items take occur in a marketspace. There are physical sellers, buyers, and buyers in the marketplace. Direct talks lead to the transaction. Marketspace: Neither a physical location nor actual buyers or vendors are necessary for the marketspace. Based on information and technological infrastructure, all are electronic.
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a investment banking firm found that an analytical skills selection test it had been using to hire financial associates actually helped the firm to obtain more major clients and to increase the revenue and profitability of the firm. this is an example of a selection test that possesses
This is an example of "predictive validity" in a selection test.
What is predictive validity?Predictive validity is a statistical concept that refers to the ability of a selection tool, such as a test, questionnaire, or interview, to accurately predict future job performance. Predictive validity is important for organizations as it helps ensure that the recruitment process is selecting individuals who are likely to perform well in the role for which they are being hired. The predictive validity of a selection tool can be determined by comparing the scores or responses from the tool to actual job performance data. High predictive validity indicates that the selection tool is an effective predictor of job performance, while low predictive validity suggests that the tool may not be the best indicator of success in the role. Predictive validity is an important consideration for organizations in their recruitment and selection processes.
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Designing a sales presentation for a new product line is an example of which of these?Multiple Choicemarketing planmarketing tacticbusiness planmarketing strategyobjective
Designing a sales presentation for a new product line is an example of marketing tactic.
By sales, what did you mean?A sale is a transaction that involves exchanging products or services for a specific sum of money. To put it another way, a sale is any action that involves giving the buyer possession of a thing or commodity in return for payment.
What is a business sale?An transaction of money for products, services, or other property is referred to as a sale. Net sales, as used in accounting, relate to the operating income that a business generates through the sale of its goods or services.
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An economic model involves? making assumptions to simplify a real world scenario making sure all variables that goes into a choice is accounted for finding the most complicated way to analyze an issue a supercomputer calculating every variable that can affect a choice
The assumptions that economists make about people, markets, or businesses are known as economic assumptions. These presumptions are used to forecast how various participants in an economy would act and allocate scarce resources.
By assuming that all other factors are equal and changing only one variable to assess the effects of the change, economic models frequently simplify the real world. The phrase ceteries paribus is another name for the "all things equal" premise.
An economic model is a condensed representation of reality that enables analysis, identification, and forecasting of economic behaviour. A model's goal is to simplify a complex, real-world situation down to its most fundamental components.
An economic model is a condensed description of reality that produces testable hypotheses about how the economy will behave. The fact that an economic model's design is inherently subjective because there are no objective measures of financial effects is a crucial aspect of an economic model.
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there are four manufacturers of a certain product. you want to show the percentage of market share for each manufacturer. the best choice of a graph would be a
A pie chart is an effective way to show the percentage of market share held by each manufacturer of a certain product because it visually represents the proportion of the market that each player occupies.
The pie chart format is particularly useful in cases where you want to show how the market is divided among several different players, as it provides a clear and intuitive way to see how the market share is distributed. In a pie chart, each manufacturer is represented by a wedge or a section of the pie. The size of each wedge is proportional to the market share that the manufacturer holds, with larger wedges representing larger market shares and smaller wedges representing smaller market shares. This allows you to easily compare the market share of each manufacturer and see which players have the largest and smallest shares of the market. Another advantage of using a pie chart is that it emphasizes the fact that the market is being divided into equal parts. This is because the pie chart is a circular graph, and the circle format helps to visually emphasize the idea of dividing the market into equal parts. Additionally, pie charts are a commonly used format for showing market share data, so it is a format that is easily recognizable and understandable to audiences who are familiar with this type of chart. Finally, pie charts are simple and easy to read, making it a good choice for presenting data to a wide range of audiences, including people who may not have a strong background in data analysis or statistics.
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30 17 4as consumers consume more units of an item, the marginal benefit of each additional unit decreases at an increasing rate. this can be seen through: group of answer choices demand curves that are flatter at lower quantities and steeper at higher quantities. demand curves that are vertical. demand curves that are steeper at lower quantities and flatter at higher quantities. demand curves that are positively sloped.
Option 1 is correct. This is reflected in the demand curve, which is flatter for lower volumes and steeper for higher volumes.
The law of diminishing marginal utility states that marginal utility decreases with each additional unit of consumption, all other things being equal. Marginal utility is the incremental increase in utility caused by consuming additional units. “Utility” is an economic term for satisfaction or happiness.
Simply put, the law of diminishing marginal utility means that the more you use or consume an item, the less satisfaction you get for each additional unit consumed or used. The law of diminishing marginal utility states that as consumption increases, the marginal utility of each additional unit decreases.
Marginal utility can fall into negative utility because consuming another unit of the product can be completely disadvantageous.
Marginal utility can be negative utility because consuming another volume of the product can be completely disadvantageous.
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which of the following statements about trade policy is true? a. a restrictive import quota increases a country's net exports. b. a restrictive import quota decreases a country's net exports. c. a country's trade policy has no impact on the size of its trade balance. d. none of the above is true.
Option c: A country's trade policy has no impact on the size of its trade balance.
Trade policy can be defined as goals, rules, standards, and regulations related to trade between nations. These policies are specific to a particular country and are set by its authorities.
A country's trade policy includes administrative regulations, imports and exports, and taxes imposed on tariffs and quotas.
As part of this policy, the government protects domestic manufacturers from foreign competition. Import protection comes in two forms:
Quote: Indicates the number of goods that can be imported.
Tariff: A tax on imported goods. This tax makes imported products more expensive and discourages their use.
The purpose of quotas and tariffs is to limit imports and protect domestic industries from foreign competition.
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credit card utilization penalty points are charged once balance exceeds
Your hobby quotes ought to go up. Your credit score restriction ought to go down. Your savings score could drop. Your credit provider could shut your credit score account.
What is the every day penalty for being over your savings limit?Any accepted transactions above your credit score restrict are situation to over-the-limit (or over-limit) fees. This savings card fee is generally up to $35, but it cannot be higher than the quantity you spend over your limit.
On the whole amount owed that exceeds the savings limit, over limit charges are charged at a rate of 2.5% of the over restrict amount, with a minimum cost of Rs 500.
Like ignored payments, defaults stay on your savings document for seven years. It ought to be three to seven years before your rating thoroughly recovers, specifically if you had a mortgage default and a foreclosure.
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https://brainly.com/question/28985155#SPJ42. which organization is the implementation example you identified for? which industry sector (e.g., education, government, etc.) is the organization in? [5 points]
The main objective of benchmarking is to objectively evaluate how your business compares to its top competitors in the market and to ascertain what can be done to narrow this gap.
Comparing a company's performance to that of another that is considered as the best in its field or the leaders of the globe is known as benchmarking. Benchmarking is used to identify potential internal improvement opportunities. The terms "benchmark," "bench mark," or "survey benchmark" all refer to horizontal markings that surveyors carved into stone structures so that an angular velocity could be inserted to create a "bench" for simply a levelling rod, enabling accurate levelling. The Malcolm Bridge National Quality Awards are granted to companies in the US controlled by the private sector that offer the finest quality control in accordance with their requirements.
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the government of a foreign nation had controlled the oil and gas industry for many years but recently transferred the business into the hands of several small businesses. these companies are now motivated to increase productivity and enter new markets to achieve greater profits. what tactic did this nation use to help it move toward a market-based economic system?
The government of this nation used privatization to help it move toward a market-based economic system.
What are market-based economic systems?
A market-based economic system is an economic system where the prices of goods and services are determined by the supply and demand in a free market, rather than by a central authority or government. It is characterized by private ownership of the means of production, competition, and voluntary exchange.
Hence, the answer is the government of this nation used privatization to help it move toward a market-based economic system.
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a total of $8000 was invested, part of it at 6% interest and the remainder at 7%. if the total yearly interest amounted to $530, how much was invested at each rate?
3875 in 1st account and 4125 in 2nd account was invested at each rate.
What is annual interest?An amount that is charged to borrowers or paid to investors generates interest on a yearly basis. This is known as the annual percentage rate (APR). The annual percentage rate, or APR, is used to illustrate how much money will actually cost you each year throughout the course of a loan or investment. Monthly interest is an excellent choice if you want a steady income stream because it is paid monthly as opposed to annually, which is how they differ.
X + y = 8000
0.05x + 0.13y = 730
0.05x + 0.13 (8000 - x) = 730
0.05 x + 1040 - 0.13 x - 730
-0.08x = -310
8x = 31000
x = 3875
y = 4125
(0.05)(3875) + (0.13)(4125) = 193.75 + 536.25 = 730
3875 in 1st account
4125 in 2nd account
The complete question is,
A total of $8000 is invested: part at 5% and the remainder at 13%. How much is invested at each rate if the annual interest is $730?
need 5% and 13%
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suppose highlander enterprises is planning to massively expand inventory and will issue 13-week commercial paper to obtain funding for the expansion. prior to issuing the commercial paper, highlander enterprises must determine the yield that it must offer to successfully sell the debt securities. upon further analysis of the key characteristics used to determine the appropriate yield of a security, highlander enterprises learns the following: 1. the annualized yield on a risk-free 13-week treasury bill is 6 percent. 2. a 1 percent credit risk premium is needed to compensate investors for credit risk. 3. a 0.4 percent liquidity premium is needed to compensate investors due to the low liquidity of the treasury bills. 4. a 0.4 percent tax adjustment is needed to compensate investors for a difference in tax status. what is the appropriate yield to be offered on the commercial paper? 7.00% 7.80% 10.00% 10.50%
The appropriate yield to be offered on the commercial paper is 11.10%.
What is yield?
Yield is the term used to describe the return an investor gets on an investment like a stock or a bond. Typically, it is presented as an annual figure. The yield on bonds, like any debt investment, consists of interest payments known as coupons. The word "yield" in the context of stocks does not mean the money made from selling shares. For individuals who own shares, it shows the dividend return. The investor's portion of the company's quarterly earnings is distributed as dividends.
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.
the securities exchange commission is an administrative agency. the chief purpose of such agencies and the rules and policies they administer is to
The Securities Exchange Commission (SEC) is an administrative agency. The chief purpose of such agencies is to impose uniform laws on the states.
What is the securities exchange commission?
In an effort to encourage ethical business practices, the disclosure of critical market information, and the prevention of fraud, the Securities and Exchange Commission regulates securities exchanges, securities brokers and dealers, investment advisors, and mutual funds. In the wake of the 1929 Wall Street Crash, the United States federal government established the independent U.S. Securities and Exchange Commission. The SEC's main goal is to uphold the law against market manipulation. Similar to the Securities and Exchange Commission in the United States, the Securities and Exchange Board of India (SEBI) is the principal regulator of Indian securities markets. The capacity to penalize offenders is just one of SEBI's many regulatory, investigation, and enforcement tools.
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what are two ways that socialism affects businesses?
Socialism has an impact on enterprises through state ownership and regulation, which frequently results in lower profitability and less competition.
What is socialism?Socialism is a political and economic ideology that promotes collective ownership and control over the means of production and distribution of goods and services. Rather than private individuals or firms, the state or workers' cooperatives manage the economy under socialism. The purpose of socialism is to ensure that everyone, regardless of income or social standing, has access to basic essentials and a fair level of living. Socialists say that their ideology reduces wealth disparity, meets the needs of all members of society, and promotes equality and fairness. However, critics contend that socialism can result in inefficiency, a lack of creativity, and a lack of personal independence and motivation.
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Answer:
through higher levels of taxation
because government owns many of the basic businesses, such as utilities
Explanation:
question in the game of economics, who gives producers the information they need to determine how much people are willing to pay for a good or service?
The correct answer would be option D, Consumers. In the game of economics, producers get the information they need to determine how much people are willing to pay for a good or service from Consumers.
A consumer is just someone who purchases goods for personal or gift-giving purposes only. Campaign advertising focuses on attracting new clients as well as keeping existing ones. Marketers must grow consumer loyalty while attracting new clients.
Consumers are those who buy products for their own needs and use or consume them. Although a customer cannot buy the good, product, or service, he or she may use it to support himself or herself and engage in self-employment.
Because customers are the ones who make purchases, their position in a monetary system is essential. Finding, retaining, and serving customers are the main goals of marketing. until the company produces something.
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Complete question:
In the game of economics, producers get the information they need to determine how much people are willing to pay for a good or service from which of the following?
A. Other producers
B. distributors
C. Economists
D. consumers
consider the given simple economy. sheepnip co. makes sheep feed. better-bald inc. purchases sheep feed for the sheep it raises and sells wool. sweeter sweaters inc. makes and sells wool sweaters.
Better-bald Inc. has paid out $1600 in total to its factors as payments (income). $1900 is the entire amount that Sweeter Sweaters Inc. has paid out to its factors. This economy's GDP is $5700.
What Does GDP Mean in Plain English?The gross domestic product, or GDP, is a metric used to gauge a country's economic activity. A higher standard of living can be expected in nations with larger GDPs because more commodities and services are produced there.
A high GDP: Is It Good?The majority of individuals believe that having a larger GDP is a good thing because it means having more economic opportunities and a higher degree of material well-being. However, a nation can have a high GDP and still not be a desirable location to live.
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Question:
Consider the given simple economy. Sheepnip Co. makes sheep feed. Better-bald Inc. purchases sheep feed for the sheep it raises and sells wool. Sweeter Sweaters Inc. makes and sells wool sweaters. Sheepnip Co. Better-bald Inc. Sweeter Sweaters Inc. Sheep feed $0 $2200 $0 Wool $0 $0 $3800 Wages $700 $300 $550 Interest payments $400 $100 $50 Rent $1000 $450 $500 Profits $100 $750 $800 What is the total payments (income) to factors of Better-bald Inc.? $ What is the total payments (income) to factors of Sweeter Sweaters Inc.? $ What is the GDP for this economy?
on january 1, year 1, green tractor corp. purchased equipment for $100,000. the equipment has a useful life of 4 years, and a residual value of $20,000. using the sum-of-the-years'-digits method, what is the depreciation expense for year 1?
Under Double-Declining-Balance Rate, 10% multiplied by 2 equals 20%. Purchase price x Depreciation Rate equals Depreciation. = $300,000 x 20%, = $60,000
The first year's depreciation expense is $40,000 dollars. The double declining balance formula, which looks like this, can be used to compute the depreciation expense: Cost / Useful Life * 2 equals double falling depreciation expense. Putting the values together gives us: Double falling depreciation cost equals $100,000 divided by five years by two. $40,000. Double falling depreciation expense, the initial year's depreciation cost is $40,000. $300,000 was paid for the item. Life Expectancy = 10 Years Value Remaining = $50,000. Double-Declining-Balance is the method. Computation: Price - Residual Value / Estimated Year = Rate of Depreciation (Price - Residual value) = [($300,000 - $50,000) / 10] / ($300,000 - $50,000)= $25,000 / $250,000.
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I really need help with this
If 110 units of the good are currently being produced, then Some units costing more to produce than consumers are willing to pay for them are being produced.
What does the supply curve show ?The price and amount of a good that a seller is prepared and willing to supply are displayed on a supply curve. A curve that depicts the relationship and price equilibrium between supply and demand on a market for an item or service is called an individual demand/supply curve.
The curve here shows that with 110 units being produced, this is a production level that leads to too much products in the economy which then have prices that some consumers are not willing to pay because they expect it to be cheaper.
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explain the difference between direct and indirect consumption. discuss why each is important to a sports property.
Direct consumption of sports is when a person makes the decision to attend a live sporting event.
A person engages in direct consumption when they go to a live event. Direct consumption is significant since it produces additional money from parking, concessions, and branded goods in addition to ticket sales. Direct customers also have a tendency to be more active on social media and to follow the team.
They frequently persuade others to go to games. Following the team through media like TV, radio, newspapers, and the internet is known as indirect consumption. When they can't make a game, fans can still support their club through indirect consumption. Additionally, it derives income from broadcast rights and advertising.
Some people may choose not to participate in sports activities because of the expenditures involved, or they may be unable to do so due to other factors.
Sports can be consumed indirectly through interactions with other people, news and entertainment media, and the broadcasting of athletic events.
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using data from table 19.5 how much of the nominal gdp growth from 1980 to 1990 was real gdp and how much was inflation?
38.78% is the real GDP growth rate. 50.51% is the inflation rate. GDP is a gauge of economic expansion. It displays the total value of products and services generated in a region over a specific time period.
The Real GDP increase from 1980 to 1990 may be calculated as,
3117.7/2862.5 x 100 Equals 108.8 percent when multiplied by 597.6-2862.5/2862.5.
Therefore, the nominal GDP increased by 108.8%.
The rate of inflation from 1980 to 1990 can be calculated as follows: 72.7 – 48.3 x 100 = 24.4 x 100 = 50.51 %.
This indicates that 50.51% of the nominal growth—108.8%—is the result of inflation.
The relationship between nominal GDP with GDP deflator can be used to calculate real GDP. You can calculate the actual GDP growth as follows:
8225.03-5926.5/5926.5 x 100 = 38.78%.
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debbie owns 100% of the common stock (3,750 shares, valued at $2,517,000) of great west linens inc. her daughters are full-time employees of the business. the business has a 10% average annual growth rate. debbie has the following goals for the future: to further involve her daughters in the business to maintain control of the business to prevent its sale or liquidation during her lifetime to freeze the value of the business in her gross estate to receive sufficient income to maintain her current standard of living both currently and in retirement which one of the following is the most appropriate form of business transfer for debbie? a) an installment sale of her great west linens shares with the payments secured by the shares that are sold b) a cross-purchase buy-sell agreement with her daughters funded with life insurance c) a preferred stock recapitalization in which debbie receives a majority of the shares with voting rights, a fixed liquidation value, and qualified income payments, and transfers other shares to her daughters d) a private annuity transaction with her daughters transferring all of her shares in great west linens in exchange for the annuity payments
Based on Debbie's goals, the most appropriate form of business transfer for her would be "a preferred stock recapitalization in which Debbie receives a majority of the shares with voting rights.
What is Debbie's goals ?By using this method of transfer, Debbie is able to retain ownership of the company, lock up its value in her estate, and receive a salary that will allow her to live comfortably now and in retirement. Debbie would receive the majority of the voting shares as a result of the preferred stock recapitalization, giving her complete authority over corporate decisions. She would also have financial security because to the predetermined liquidation value and eligible income payments.One of Debbie's objectives is to further involve her daughters in the company, which she can do by transferring some shares to them. Overall, Debbie would be able to accomplish all of her future objectives thanks to the preferred stock recapitalization.
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a company is considering a special order that would not impact marketing, administrative, or total fixed manufacturing costs. assuming the special order would not affect the regular market for the product, the special order should
A company is considering a special order that would not impact marketing, administrative, or total fixed manufacturing costs. assuming the special order would not affect the regular market for the product, the special order should be accepted as long as the purchase price per unit is greater than the variable manufacturing cost per unit .
What is the cost of manufacturing?
The expenses incurred during the creation of a product are referred to as manufacturing costs. Direct material and labor costs, as well as manufacturing overhead, are included in these expenses.
The expenses are often shown as separate line items in the income statement. These expenses are incurred by an entity during the manufacturing process.
What would a production cost look like?
Example of Manufacturing Costs. A small company that makes widgets, for instance, might have set monthly costs of $800 for building maintenance and $100 for equipment upkeep.
The cost of each item decreases if the company produces more widgets since these expenses are constant regardless of the volume of production.
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land, originally purchased for $30,000, is sold for $62,000 in cash. what is the effect of the sale on the accounting equation?
The effect of sale on accounting equation is the assets increase by $32,000 and owner's equity increases by $32,000.
What is accounting equation?The balance sheet equation, often known as the basic accounting equation, depicts the relationship between an entity's assets, liabilities, and owner's equity. The double-entry bookkeeping system is built on it. Capital in a corporation is the equity of the stockholders. The accounting equation will always be "in balance," which means the left and right sides of a company's balance sheet should always be equal because every business activity affects at least two of its accounts. Therefore, the accounting formula essentially demonstrates that everything the company possesses was acquired using equity and/or liabilities. It is important to highlight that the company's owners ultimately own the company's profits, not the company's creditors who it has borrowed money from.
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