Put the new product out of your mind, accept the loss on your investment, and focus on developments that have the potential to be more lucrative.
What is sunk cost?
A previously made investment that cannot be recovered is referred to as a sunk cost, also known as a retrospective cost. Marketing, research, new software installation or equipment, salaries and benefits, or facility charges are a few examples of buried costs in company.
Why is sunk cost important?Future decisions are not affected by sunk costs because the cost will remain constant regardless of the outcome. When sunk costs are taken into consideration when making decisions, the sunk cost fallacy results. Irrational decision-making is displayed when considering sunk costs when making a choice.
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which one of the following statements does not describe a problem with using roe as a performance measure?
Business decisions span the past and present, while ROE is a one-period statistic that is forward-looking.
What is ROE?
A measurement of a company's profitability in proportion to equity is called return on equity (ROE). ROE can also be viewed as a return on assets with fewer liabilities because shareholder's equity can be computed by adding up all assets and deducting all liabilities. The return on equity (ROE) estimates how much profit is produced for every dollar of shareholder stock. The return on equity (ROE) measures how well a company turns its equity into earnings.
Particularly for assessing the performance of businesses in the same industry, ROE is used. An ROE is a metric for management's capacity to generate income from the equity at its disposal, similar to return on capital. ROEs of 15% to 20% are typically seen as favourable.
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Land is specific to good A and capital is specific to good M. Suppose that the price of good A relative to good M rises after opening to trade. The welfare effect on capital is ____, on labor is ____, and on land is ____.apositive; negative; ambiguousbambiguous; positive; negativecnegative; ambiguous; positivedpositive; ambiguous; negativeepositive; positive; positive
Land is specific to good A and capital is specific to good M. Suppose that the price of good A relative to good M rises after opening to trade. The welfare effect on capital is positive, on labor is ambiguous , and on land is negative.
Capital, which is unique to good M, will experience a decline in demand and an increase in its relative price as the price of good A relative to good M rises. The wellbeing of capital will suffer as a result of this. Since both items are produced by work, the impact on labour is uncertain and will depend on how much one good's demand varies compared to the other. Since land is unique to item A, a rise in the price of good A will raise demand for land and have a beneficial impact on the welfare effect of land. In general, the increase in the price of good A will benefit land while harming capital.
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Assume that you are the accountant for Computer Consultants. Prior to this year, Computer Consultants operated out of a leased office. However, the company purchased its own office building this year. The building is in an area where real estate values have been increasing an average of 6 percent per year. The owner of Computer Consultants has asked why you recorded depreciation on the building if real estate values are appreciating. Write a response to the owner explaining why depreciation must be recorded on the company’s accounting records.
Answer:
However, the company purchased its own office building this year. The building is in an area where real estate values have been increasing an average of 6 ...
Explanation:
which rule is used in the argument below? every employee who met their performance goals received a raise. jose is an employee. therefore, if jose met his performance goals then jose received a raise.
Modus Ponens, sometimes referred to as "Affirming the Antecedent," is the argumentation rule utilised. If the antecedent (premise 1) is correct, it is an acceptable type of logical reasoning to say that.
A fundamental logical inference rule called modus ponens is the one employed in this argument. It asserts that the consequent (conclusion) must likewise be true if the antecedent (premise) is true. Jose earned a raise in this argument, where the antecedent is "Every employee who completed their performance targets received a raise." Jose is an employee, thus if he completed his performance goals, he must have gotten a raise, according to the conclusion reached from the premise. Because the argument presupposes that if the antecedent is true, then the consequent must also be true, it is a modus ponens example.
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to build trust within an organization, decision making must be which of the following? (choose every correct answer.)
Decision-making inside an organization must be open, based on a shared conscience, and documented in order to foster trust.
The act of selecting one course of action over two or more is the definition of decision-making in its most basic form. Choosing between potential solutions to a problem is part of the larger problem-solving process. Either an intuitive or logical method or a combination of the two can be used to make decisions.
Any decision, whether it be made on a personal or organizational level, must be able to be put into action. Therefore, you must personally support the choice and be able to convince others of its validity. Because of this, a good decision-making process must guarantee that you can.
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the newsletters published by banks in early modern europe typically contained which of the following?
In early modern Europe, banks would produce newsletters that would typically include reporting on prices, political events, and information about commodity demand.
What is commodity demand?
A resource that has full or moderate fungibility qualifies as a commodity. This indicates that regardless of who produced an instance of the good, the market views them similarly or almost equally. A commodity good's pricing is often based on the market as a whole; for instance, actively traded spot and derivative markets exist for well-established physical commodities. Smaller profit margins and a reduction in the significance of factors besides price (such as brand name) are often results of the abundance of commodities. The majority of commodities are raw materials, essential resources, agricultural, or mining items like sugar, iron ore, or grains like rice and wheat.
As an example, chemicals and computer memory are both mass-produced, non-specialized commodities.
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Complete question
the newsletters published by banks in early modern europe typically contained which of the following?
boilermaker house painting company incurs the following transactions for september. required: for each transaction, describe the dual effect on the accounting equation. for example, for the first transaction, (1) assets increase and (2) stockholders' equity increases.
The description of the dual effects of the transactions on the accounting equation is as follows:
1. Asset increases (Accounts Receivable) and stockholders' equity (Retained Earnings) increases.
2. One asset (Equipment) increases and another asset (Cash) decreases.
3. Assets (Supplies) increase and liabilities (Accounts Payable) increase.
4. Assets (Cash) decrease and stockholders' equity (Retained Earnings) decrease.
5. Assets (Cash) decrease and stockholders' equity (Retained Earnings) decrease.
6. Assets (Cash) decrease and stockholders' equity (Retained Earnings) decrease.
7. One asset (Cash) increases and another asset (Accounts Receivable) decreases.
8. Assets (Cash) increase and liabilities (Deferred Revenue) increase.
The accounting equation is a depiction that assets equal liabilities and equity at every given time and with every transaction. This equation gives each transaction a dual effect.
Data Analysis:
1. Accounts Receivable $15,000 Service Revenue $15,000
2. Equipment $16,000 Cash $16,000
3. Supplies $2,500 Accounts Payable $2,500
4. Salaries Expense $3,200 Cash $3,200
5. Advertising Expense $1,200 Cash $3,200
6. Rent Expense $4,400 Cash $4,400
7. Cash $10,000 Accounts Receivable $10,000
8. Cash $5,000 Deferred Revenue $5,000
Thus, the dual effect means that each transaction affects, at least, two accounts of the accounting equation.
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Complete question:
Boilermaker House Painting Company incurs the following transactions for September.
1. Paint houses in the current month for $15,000 on account. Assets increase and stockholders' equity increases.
2. Purchase painting equipment for $16,000 cash. One asset increases and another asset decreases.
3. Purchase office supplies on account for $2,500. Assets increase and liabilities increase.
4. Pay employee salaries of $3,200 for the current month. One asset increases and another asset decreases.
5. Purchase advertising to appear in the current month, $1,200. Assets increase and stockholders' equity increases.
6. Pay office rent of $4,400 for the current month. Assets decrease and stockholders' equity decreases.
7. Receive $10,000 from customers in (1) above. One asset increases and another asset decreases.
8. Receive cash of $5,000 in advance from a customer who plans to have his house painted in the following month. Assets increase and liabilities increase.
For each transaction, describe the dual effect on the accounting equation. For example, for the first transaction, (1) assets increase and (2) stockholders' equity increases.
when companies donate to charities or sponsor causes, they are engaging in: when companies donate to charities or sponsor causes, they are engaging in: organizational ingratiation corporate social responsibility faux philanthropy philanthropic deception
When companies donate to charities or sponsor causes, they are engaging in: when companies donate to charities or sponsor causes, they are engaging in: corporate social responsibility.
Corporate social responsibility is a sort of self-regulation practiced by businesses with the goal of social accountability and having a positive impact on society.
Being environmentally sustainable and eco-conscious; fostering equality, diversity, and inclusion in the workplace; treating employees with respect; giving back to the community; and ensuring business decisions are ethical are some ways that a firm can embrace CSR.
It is becoming increasingly crucial for businesses to project a socially conscious image. Consumers, employees, and stakeholders value CSR when selecting a brand or firm, and they hold corporations accountable for using their principles, practices, and revenues to affect social change.
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microeconomics concentrates on which of the following? select the correct answer below: firms household debt management plans household budgets all of the above
Microeconomics focuses on businesses, household budgets, and debt management strategies.
What is the name of the discipline known as microeconomics?Microeconomics is also known as the Price theory. It examines the actions of producers, consumers, and other people. It clarifies the processes of production, consumption, distribution, and pricing.
What is the central question in microeconomics?The basis of microeconomics is a model of consumers or companies, which economists refer to as agents, who choose what to buy, sell, or produce under the assumption that such decisions result in perfect market clearing (demand equals supply), among other ideal circumstances.
What effects do macroeconomics have on households?Due to increasing macroeconomic uncertainty, consumers reduced their expenditure on non-durable goods and services as well as major purchases like package vacations or luxury in the months that followed.
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in which of the following situations may the policyowner be allowed to selll a life insurance policy purchased one year ago for a viatical settlement contract
The owner of a life insurance policy purchased a year ago may be permitted to sell it as part of a divorce settlement agreement.
How do life insurance policies work?Life insurance, which is frequently the policyholder, is a contract between an insurance policy holder and an insurer or assurer wherein the insurer agrees to pay a designated beneficiary a set amount of money upon the death of an insured person. Other circumstances, such as a critical sickness or a terminal disease, may also result in payment, depending on the terms of the contract. The policyholder typically pays the premium, either on a monthly basis or all at once. The benefits may be used to pay for additional expenses, such funeral expenses.
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recruiting and developing salespeople who understand diverse cultures, languages, and business practices is a salesforce response to which of the following issues?
A salesforce answer to complexity constraints is to hire and train salespeople who are versed about many cultures, languages, and corporate practices.
Why do people recruit?
The recruitment process entails locating, screening, recruiting, and ultimately onboarding qualified job candidates. Identification, attraction, interviewing, selection, employment, and onboarding of personnel are all parts of the recruitment process. In other words, it spans everything from spotting a manning need through resolving it. Recruitment, a key corporate strategy, is required to find the best candidate for the job. After then, this person starts working for the company. Most of the time, more than one individual is not necessary for recruitment. A group that disregards the hiring process is an alternative. Creating a big pool of qualified candidates is the goal of recruitment.
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Seasonal fruits and vegetables are shipped from Chile and sold in the United States along with domestically grown produce.
A) Emphasis on ethics
B) Heightened global competition
C) Flattened management hierarchies
The correct option is: B) Heightened global competition. (A wiki, an innovative communication technology, permits numerous clients to cooperatively make and alter pages.)
International competition. Residents from the majority of the more seasoned industrialized nations have become fixated on it starting from the principal Japanese vehicles began selling great. Weakness has supplanted invulnerability as the word many would use to depict once solidly settled international organizations. However, this uneasiness darkens the consistent accomplishments various corporations have made against competition from organizations based external their nations.
These organizations depend on worldwide procedures to prevail in this day and age. That approaches an organization to consider the world one market rather than as an assortment of public business sectors and in some cases requires choices as eccentric as tolerating projects with low returns on initial capital investment in view of their cutthroat result.
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true/false. managers who always have their eye on their next job rarely establish more than superficial relationships with peers and coworkers.
Managers who always have their eye on their next job rarely establish more than superficial relationships with peers and coworkers.
Are technical skills more important for top and middle management than for lower-level management?
Technical abilities are more important for top and middle management than for lower-level managers. First-line managers are primarily in charge of facilitating team activities aimed at achieving a goal.
In their haste to gain credit for successes that would be noticed by upper management, they make the fatal mistake of treating people as though they don't matter.
Therefore, The only managers who do not supervise other managers are middle managers.
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Applied overhead is calculated by multiplying the predetermined overhead rate (POHRIX the estimated units of the allocation based incurred by the job Select one O True O False
Applied overhead is calculated by multiplying the predetermined overhead rate (POHRIX the estimated units of the allocation based incurred by the job. This statement is false.
What is overhead?
In the world of business, a continuing cost of running a company is appertained to as overhead or overhead charge. Unlike operating charges like raw material and labor, charges cannot fluently be linked to or honored with any one profit unit. As a result, charges cannot be directly linked to the goods or services being handed, which means they don't produce gains. still, charges are still essential to business operations since they give the company the important backing it needs to engage in profitable conditioning.
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If a CEO orders his managers to significantly increase production with a minimal increase in cost, which of the following outcomes is most likely?
a. Managers will use sweatshops to achieve the CEO's goal
b. Managers will establish a higher standard of safety.
c. Managers will produce products of higher quality.
d. Managers will use inspirational methods to motivate employees.
Sweatshops will be used by managers to further the CEO's objectives if the CEO instructs them to considerably boost production while increasing costs only somewhat.
The most senior employee of a corporation is the chief executive officer (CEO). Despite the fact that each firm is unique, CEOs are frequently in charge of expanding the company, increasing profitability, and, in the case of corporations that are publicly listed, increasing share prices. CEOs are in charge of all business operations. Of course, a CEO's main objective is to ensure the expansion, prosperity, and sustainability of the company they lead. He is primarily responsible for deciding and disclosing the company's major strategic directions.
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Assume that from 2020 to 2021, Panem’s GDP grows by 16.00% and that the population of Panem grows from 200 to 212.00.
Answer:
6.00%
Explanation:
Calculate the population growth rate from 2020 to 2021.
The population growth rate can be calculated as follows:
((212.00 - 200) / 200) * 100 = 6.00%
So, the population of Panem grew by 6.00% from 2020 to 2021.
three of the following options are required for any non-columnar records system that keeps track of trust accounts. which of the options listed here is not a requirement?
Three of the following options are required for any non-columnar records system that keeps track of trust accounts. An owner's ledger listed here is not a requirement.
What is mean by owner's ledger?
The double-entry accounting system of a business is built on the general ledger.
All transaction information required to generate the income statement, balance sheet, and other financial reports is contained in general ledger accounts.
Transactions recorded as journal entries to sub-ledger accounts are compiled into general ledger transactions.
Every general ledger account and its balance are shown in the trial balance report, which makes it simpler to review changes and track out problems.
The system used by accountants to store and arrange financial information needed to produce the company's financial statements is built on the general ledger. According to the company's chart of accounts, transactions are posted to certain sub-ledger accounts.
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What kind of information would you need to have to be able to put together a table like to present to the steering committee? How much of that information is objective? Subjective? Justify your answer.
One will need to know how many projects were finished on schedule, how many were finished on budget, how many were finished within range, and how many enterprises met or surpassed goals.
What is information?Knowledge acquired by study, discussion, research, or education is referred to as information. Information is the interpretation of those elements of knowledge, whereas data is the particular measurements, figures, or diagrams.
It would consist of objective information.
One would also require to know how many projects were canceled, how many projects were over budget, as well as how many projects exceeded their scope, and how many projects fell short of expectation.
The data he provided would be subjective.
This information would be unbiased. The team's overall record will also need to be gathered as information.
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he FTC's advertising substantiation program, set up in the 1970s, requires that documented evidence supporting any claims is made available to consumers, and that such evidence provides a "reasonable basis" for believing that the claims are true. (True or False)
The FTC's advertising substantiation program, set up in the 1970s, requires that documented evidence supporting any claims is made available to consumers. It is true.
What is advertising?
The strategies used to promote a product or service are referred to as advertising. Advertising aims to draw consumers' attention by emphasizing a product or service. It is frequently used to advertise a particular product or service, but there are many other applications as well, with commercial advertisement spaces being the most prevalent. Through "branding," which links a product name or image with particular traits in consumers' minds, commercial advertising frequently aim to boost consumption of their goods or services.
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FILL IN THE BLANK a company issued a check for $6,000 to pay rent for the next three months. this transaction would debit the ___account, and credit the ___________account.
Rent for the upcoming three months was to be paid with a $6,000 check from the company this transaction would debit the credit account and credit the debit account.
The Rent Payable Account is a what kind of account?Rent Payable is a liability account in the tenant's general ledger that records the amount of rent due as of the balance sheet date.
What is the entry for the rent that is due?Prepaid rent is debited and cash is credited in the first journal entry for prepaid rent. Both of these accounts are considered assets, hence they have no effect on a company's balance sheet.
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which of the following are the advantages of corporate strategic planning when compared with business unit planning and functional planning?
1) The administration come to be pretty inflexible in this planning. 2) It's pretty a time ingesting process. 3) The man or woman hobby in the planning may additionally ruined the total objectives. 4) The corporate planning primarily based on future forecast which might also sometime be wrong.
What is the motive of corporate strategic planning?The motive of strategic planning is to set overall goals for your commercial enterprise and to increase a design to acquire them. It involves stepping again from your daily operations and asking where your commercial enterprise is headed and what its priorities have to be.
Corporate planning has two necessary factors – (i) Long time period targets and goals and (ii) structural modifications in the organisational structure. Tactical planning does now not fulfil any of these two conditions. It may also be cited as the quick term procedures to assist comprehend the long term goals and desires of the corporation.
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https://brainly.com/question/11534641#SPJ4you're making a video ad with the goal of driving reservations for a tourism company on their website. which of the following call-to-actions (ctas) should you use in the ad?
The correct answer is Book now i.e.; It is the best call-to-actions (ctas) to be should you use in the ad.
What is the purpose of a call to action?A call to action (CTA) is a prompt that appears on a website and instructs the user to perform a particular action. A call to action usually appears as a button or hyperlink and is worded as a command or action phrase, such as "Sign Up" or "Buy Now."
What exactly is a CTA and why is it crucial?On a website, a call to action (CTA) is a directive that encourages visitor to do some sort of action. Simple instructions like "contact us now," "find out more," or "subscribe to our Newsletter" might serve as a call to action.
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Which of the following industries is most likely to be characterized as concentrated with strong pricing power?
A. Asset management
B. Alcoholic beverages
C. Household and personal products
Alcoholic beverages industries are most likely to be characterized as concentrated with strong pricing power. The alcoholic beverage business is consolidated and has significant pricing power, as seen in Exhibit 4.
What are Alcoholic beverages?
Alcoholic beverages are a diverse category of drinks with varied alcohol content (ethanol). Beer, wine, China rice wine, and distilled spirits including brandy, whisky, rum, gin, cognac, vodka, tequila, and China distilled spirit are among the alcoholic beverages that are manufactured on a large scale. Alcoholic beverages contain a complex mixture of about 1300 chemicals, which have been found in a variety of drinks. Each alcoholic beverage's ingredients can be classified as major, minor, or trace elements. The two main ingredients are typically ethanol and water.
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Which of the following does not allow a company to exclude a short term obligation from current liabilities? a. The liability is contractually due more than one year after the balance sheet date b. Actually refinance the obligation c. Have a contractual right to defer settlement of the liability for at least one year after the balance sheet date. d. Management indicated that they are going to refinance the obligation.
The obligation is legally payable more than a year after the balance sheet date.
Which of the following statements about short-term obligations is accurate?If a short-term obligation is repaid after the balance sheet date and then replaced by long-term debt before the balance sheet is published, the corporation may omit it from current liabilities.
What are a company's short-term commitments?Important conclusions. Financial commitments made by a company that are anticipated to be repaid within a year are referred to as short-term debt, also known as current liabilities. Short-term bank loans, accounts receivable, wages, lease payments, and unpaid income taxes are typical examples of short-term debt.
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TexChem is a chemical company in Wonderland. Its chemical production line is operated through two shifts: day and night shifts. The employees in the day shift work from 9 am to 5 pm and the employees in the night shift work from 8 pm to 4 am. TexChem generally pays the employees on the night shift about 20 percent more than the employees on the day shift. This is because the people in the Wonderland area generally do not like working during the night time due to its unpleasant nature (less opportunity to spend time with family, health issues related to not sleeping well during the night time, a more dangerous commuting environment at night, etc.). Therefore, it is very difficult for TexChem to find workers for the night shift without this 20 percent wage premium. The 20 percent wage premium in this example can be explained using the concept of __________________.
a. institutionaliztion
b.efficiency wage
c.compensating wage differentials
d.productivity effect
The 20 percent wage premium in this example can be explained using the concept of compensating wage differentials. The correct option is C.
What is the importance of compensation differential?Wage differentials have a significant economic and social impact because they are directly related to the allocation of a country's economic resources, including manpower, national income growth, and the rate of economic development. (c) Promote the desired rate of economic progress.
A compensating differential, also known as a compensating wage differential or an equalizing difference, is the additional amount of income that a worker must be offered in order to motivate them to accept an undesirable job in comparison to other jobs that the worker could perform.
Thus, the ideal selection option is C.
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the following transactions occur for the wolfpack shoe company during the month of june: provide services to customers for $30,000 and receive cash. purchase office supplies on account for $20,000. pay $7,000 in salaries to employees for work performed during the month. 3. post the transactions to t-accounts. assume the opening balance in each of the accounts is zero.
Accounting begins with a look at transactions and how they affect assets, liabilities, equity, revenues, and expenses.
What are the details of transaction?1. Assets = $30,001 (increase) and Revenue = $30,001 (increase)
Liabilities = $20,000 (increase) and Assets = $20,000 (increase)
Liabilities = $7,000 and Assets = $7,000 (decrease)
2.
Cash $30,000 (debit)
$30,000 in service revenue (credit).
Paid in cash for services rendered.
$20,000 in office supplies (debit).
$20,000 in Accounts Payable (credit).
Credit card purchases of office supplies.
Salaries cost $7,000 (debit).
Cash $7,000 (credit) .
Paid Salaries
3.
The Cash Account
Debit:
Service Revenue of $30,000.
Credit:
Payable Salaries of $7,000.
The remaining c/d balance is $23,000.
Revenue Statement
Debit:
The remaining c/d balance is $30,000.
Credit:
Cash $30,000
Account for Office Supplies.
Debit:
$20,000 in Accounts Payable.
Credit:
The remaining c/d balance is $20,000.
Accounts Receivable Account.
Debit:
The remaining c/d balance is $20,000.
Credit:
20,000 dollars in office supplies.
Account for Salaries Expenses.
Debit:
Cash $7,000
Credit:
The remaining c/d balance is $7,000.
Accounting begins with an examination of transactions and their implications for assets, liabilities, equity, revenues, and expenses.
The transactions are then recorded in Journals. See the above journals and narrations.
Then, using the journal entries, prepare the ledger accounts.
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following the rational rule, the economic surplus is maximized when group of answer choices total benefits equal total costs. total benefits exceed total costs. marginal benefits equal marginal costs. marginal benefits exceed marginal costs.
The economic surplus is maximized when c) marginal benefits equal marginal costs. This is known as the "Marginal Benefit Marginal Cost Rule" and is a key principle in economics.
It states that to maximize economic surplus, a company or individual should continue an activity or investment until the marginal benefit (the additional benefit received from each additional unit) equals the marginal cost (the additional cost incurred from each additional unit).
At this point, any additional investment or activity would result in a lower economic surplus because the marginal cost would be greater than the marginal benefit.
By using this rule, a company or individual can ensure they are maximizing their economic surplus by balancing the costs and benefits of their decisions. This rule is widely used in decision-making processes in businesses and public policy and is considered to be a fundamental principle in economics.
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indicate how to increase and decrease each account listed below by selecting debit or credit. revenues
Revenue is not increased using debits or credits. Revenue is increased by increasing sales or reducing expenses. Debits and credits are used to record the increase or decrease in revenue that occurs when sales are made or expenses are paid.
What do you know about Revenue?
Revenue is the income that an organization or individual receives from their business activities, investments, and other sources. It is the total amount of money that the company earns before subtracting expenses. Revenue is the first line item that appears on an income statement, and it can be further broken down into different types such as sales, investment income, and royalties. Revenue is an important indicator of a company’s performance and can be used to compare the performance of different companies. Companies may also use revenue to finance operations and pay for expenses. Revenue is also used to calculate a company's profit margin and its return on investment.
Debits and credits are used to record the increase or decrease in revenue that occurs when sales are made or expenses are paid.
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In a cease and desist order by the FTC, an advertiser agrees voluntarily to stop running the ad but doesn't have to admit any guilt or wrongdoing.True or False
The given statement exists true. A cease-and-desist order from the FTC requires the advertiser to voluntarily stop running the advertisement but does not require them to confess any misconduct or guilt.
What is a cease and desist order FTC?Orders to Cease and Desist: A cease and desist order is the standard administrative remedy in matters involving advertising. The order has two goals: to stop the suspected criminal behavior and to stop other people from breaking the law in the future.
According to the law, assertions made in advertisements must be true, not unfair or deceptive, and supported by facts. Additional regulations can be necessary for some specific goods or services.
The Cooling-Off Rule permits customers three days to return anything they buy from salesmen who visit their homes; the customer must be informed verbally and in writing that the sale can be canceled.
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in year 1, a company reported in other comprehensive income an unrealized holding loss on an investment in available-for-sale debt securities. during year 2, these securities were sold at a loss equal to the unrealized holding loss previously recognized. the reclassification adjustment should include which of the following?
the unrealized loss should be credited to the other comprehensive income account.
A mutual fund or exchange-traded fund (ETF) that prioritises current income over capital gains or appreciation, on a monthly or quarterly basis, is known as an income account. These funds often invest in a range of dividend-paying equities, preferred shares, money market instruments, and obligations issued by governments, municipalities, and corporations. Mutual funds and ETFs that focus on current income, frequently in the form of investments that pay dividends or interest, are known as income funds. Along with preferred shares and dividend equities, income funds may also invest in bonds and other fixed-income instruments. Compared to funds that focus on capital gains, income funds are frequently thought to be lower risk. There are many different types of income funds. The main difference is in the kinds of assets they invest in to make money.
the complete question is:
in year 1, a company reported in other comprehensive income an unrealized holding loss on an investment in available-for-sale debt securities. during year 2, these securities were sold at a loss equal to the unrealized holding loss previously recognized. the reclassification adjustment should include which of the following?
Group of answer choices
i) The unrealized loss should be credited to beginning retained earnings.
ii) The unrealized loss should be credited to the other comprehensive income account.
iii) The unrealized loss should be debited to the other comprehensive income account.
iv) The unrealized loss should be credited to the investment account.
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