When raw materials are purchased, we record the transaction in a separate raw materials inventory account. We will credit the accounts payable because the purchase is on account. (Option D)
What is the name of the journal entry used to document the purchase of raw materials on credit?Journal entry for the purchase of raw materials, You enter the initial material acquisition at cost in the accounting records when you buy the supplies for use.
According to Accounting Tools, this entry consists of a credit to accounts payable or cash and a debit to the inventory of raw materials. The total inventory account is increased by the entry.
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premier corporation has an roe of 12 percent and a payout ratio of 20 percent. what is its sustainable growth rate?
On the off chance that Chief enterprise has a roe of 14% and a payout proportion of 16%. its sustainable growth rate is: 13.32%.
Sustainable growth
Sustainable growth rate = (ROE × b)/[1 – (ROE × b)]
Sustainable growth rate =ROE × b
1 - ROE × b
where:
b =Retention proportion = 1 - Payout proportion = 1-.16=.84
Sustainable growth rate = [.14(.84)]/[1 – .14(.84)]
Sustainable growth rate=0.1176/0.8824
Sustainable growth rate = .1332 or 13.32%
In this manner If the Head partnership has a roe of 14% and a payout proportion of 16%. its sustainable growth rate is 13.32%.
The sustainable growth rate(SGR) is the greatest pace of development that an organization or social venture can support without funding development with extra value or obligation.
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larry and bob just sold their veggie trailer to barbara for $6,000. they agreed to keep the money together and invest it in the money market to earn a little extra cash. they found one agency that promised an annual return of 11.5%. if they invest the money and keep it there for 5 years, how much will be in their account at the end?
After 5 years, the money in account will be worth $9,728.84.
To calculate the amount in their account after 5 years, we can use the formula for compound interest:
A = P * (1 + r/n)^(nt)
Where:
A = the future value of the investment
P = the principal amount (the initial investment of $6,000)
r = the annual interest rate (11.5%)
n = the number of times the interest is compounded per year (1)
t = the number of years the money is invested (5)
Plugging in the values, we get:
A = $6,000 * (1 + 0.115/1)^(1*5)
A = $6,000 * (1.115)^5
A = $6,000 * 1.62140384
A = $9,728.84
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suppose that the economy is in long-run macroeconomic equilibrium and aggregate demand increases. as the economy moves to short-run macroeconomic equilibrium, there is:
In the short-run this will lead to an amplify in the equilibrium of goods supplied and demanded. Since there is greater demanded, firms will produce greater and fees will increase.
In the long-run, fees enlarge even greater however the equilibrium degree of output will fall again to the ancient equilibrium degree of output.
What is the relationship of mixture demand and mixture provide to the concept of macroeconomic equilibrium?In economics, the macroeconomic equilibrium is a kingdom where mixture grant equals mixture demand.
The short run in macroeconomics is a period in which wages and some different fees are sticky. The lengthy run is a period in which full wage and price flexibility, and market adjustment, has been achieved, so that the financial system is at the herbal level of employment and practicable output.
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brainly.com/question/16419230#SPJ4A 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 selection test that possesses: reliability generalizability utility content validity legality
This is an example of selection test that possesses are Reliability, utility, content validity, and legality.
What is the Reliability?Reliability is the ability of a product, system, or service to consistently perform according to its specifications. It is the probability that an item will perform its intended function for a specified period of time under stated conditions. Reliability is an important factor in many aspects of life, from engineering and technology, to finance and health care. Reliability is measured in terms of how often something works correctly over a certain period of time. It can be assessed through testing, surveys, and other forms of analysis.
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what is the general term for resources used by a business to produce a good or service referred to as?
Factors of Production is the general term for resources used by a business to produce a good or service.
Land, labour, entrepreneurship, and capital are examples of the factors of production, which are the inputs needed to generate a good or service. The owners of the major production elements are typically the richest persons in a society. In capitalism, the production factors are typically influenced by business owners and investors.
In socialist systems, the state (or community) typically has more control over the inputs necessary for production. In economics, the inputs used to produce goods or services that make a profit are referred to as factors of production. Land can refer to farming and the use of natural resources as a part of production in agriculture.
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In value-chain analysis, primary activities include human resource management and procurement.TrueFalse
False. In value-chain analysis, primary activities include human resource management and procurement.
What happens in Value Chain Analysis?
In value chain analysis, primary activities include:
Human Resource Management and Procurement are considered support activities, not primary activities. They support primary activities by providing resources and services to the organization.
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in the context of the business environment, computers, telecommunications, and other digital tools are considered to be part of the . economic environment social environment cultural environment technological environment
Option D. The technological environment refers to the various advancements and innovations in technology that have a direct impact on a company's operations and competitiveness.
In the context of the business environment, computers, telecommunications, and other digital tools are considered to be part of the technological environment. The technological environment refers to the various advancements and innovations in technology that have a direct impact on a company's operations and competitiveness. This environment can affect a company in many ways, such as increasing efficiency, providing new opportunities for growth, and presenting new challenges to be overcome.
It is important for businesses to stay up-to-date with the latest technological advancements and developments in order to remain competitive and to meet the changing needs and demands of consumers. Companies that are slow to adopt new technologies may find themselves at a disadvantage in comparison to their competitors who are utilizing the latest technology.
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In the context of the business environment, computers, telecommunications, and other digital tools are considered to be part of the?
A. economic environment
B. social environment
C. cultural environment
D. technological environment
in which of the following cases is the assumption most reasonable? a. to estimate the speed at which a beach ball falls, a physicist assumes that it falls in a vacuum. b. to address the impact of taxes on income distribution, an economist assumes that everyone earns the same income. c. to address the impact of money growth on inflation, an economist assumes that money is strictly coins.
to discuss the effects of economic expansion Is the correct response
Indicators of economic growth include:
Using estimates like the GDP, economic growth is frequently calculated as the rise in the total market value of newly created products and services. The term "economic growth" describes the gradual expansion of a nation's economy. Typically, the gross domestic product, or the sum of all goods and services produced in an economy, is used to determine the size of that economy (GDP). Real or nominal values can be used to gauge economic growth. Economic growth refers to a rise in the quantity of goods and services generated per person over time.
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the concept that states that the timing of the receipt or payment of a cash flow will affect its value to the holder of the cash flow.
The concept that indicates that the timing of the receipt or payment of a cash flow affects its value to the holder of the cash flow is known as "time value of money".
The Time Value of Money (TVM) states that the value of a unit of currency received today is greater than the same unit received in the future. This is due to the opportunity cost of not having the money available for investment or spending. TVM takes into account the rate of return that could be earned if the money were invested, as well as inflation and the impact on purchasing power over time.
Understanding the time value of money is important in finance and investment decisions, as it helps individuals and businesses determine the present value of future cash flows and make informed decisions about investments, loans, and other financial instruments.
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When the federal government crafts environmental policies that make it less expensive for firms to follow greeninitiatives,?
A. the policies are futile because where the environment isconcerned, it has been repeatedly shown that firms do not respond to economic incentives.
B. the policies are likely to be more successful than policies that cost firms more, but they do not recognize economic incentives.
C. the policies are consistent with economic incentives.
D. pollution is likely to increase.
When environmental regulations are in line with financial incentives, the federal government creates laws that reduce the cost for businesses to adopt green practices.
When the government creates environmental regulations that reduce the cost of businesses adopting green practices?
Environmental laws created by the federal government that reduce the cost for businesses to adopt green initiatives are consistent with financial incentives. Two types of efficiency exist: When a thing or service is produced as cheaply as feasible, this is known as productive efficiency. The definition of a financial incentive is: a monetary reward supplied to promote behavior or actions that would not otherwise occur. Actions that might not take place without the financial reward are motivated by financial incentives.
When production reflects consumer preferences, allocation efficiency develops.
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which of the following is a similarity between frederick w. taylor and lillian gilbreth? question 6 options: they both used film cameras to analyze jobs. they both developed time study. they both proposed giving workers longer work hours and fewer breaks. they both strove to simplify work.
They both developed time to study. Option B
Who is Frederick W. Taylor?Generally, - Frederick Winslow Taylor was an American mechanical engineer who sought to improve industrial efficiency. He is regarded as the father of scientific management and was one of the first management consultants.
Taylor was one of the intellectual leaders of the Efficiency Movement and his ideas, broadly conceived, were highly influential in the Progressive Era.
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megan and felix returned application forms promptly. last month, ace medical released a safety report. indicated that all ace products received superior ratings. did larry indicate that he and had completed the proposal? the advisory board released recommendation regarding the expansion plan.
No, Larry did not indicate that he and Megan had completed the proposal.
What is proposal?A proposal is a plan of action put forward by one party to another party with the intent of convincing them to agree to the proposed plan. It typically includes an outline of the proposed project and its goals, a timeline for completion, the resources needed for completion, the expected outcome, and the potential benefits of the proposal. A proposal can also be used to suggest a solution to a problem or to provide an alternative course of action. Proposals are often used to secure funding, resources, or services from potential partners or investors.
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winwin corporation has five board members, and each shareholder gets one vote per share. the company uses a straight board voting procedure. how does this arrangement affect minority shareholders?
Under a straight board voting procedure, each board member has an equal vote regardless of the number of shares they own.
What is voting?Voting is the act of exercising one's right to have a say in the decision-making process of a government or organization. It is a fundamental part of a democratic society, allowing people to directly influence the laws, policies, and decisions that shape their lives.
This means that minority shareholders, who hold fewer shares, will have less influence over the decision making process of the organization. However, if the other shareholders are supportive of the minority shareholders' views, their influence can be maximized. Additionally, the minority shareholders may be able to influence the board by forming alliances with other shareholders who share their views.
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consultative-style selling, which emerged in the late 1960s and early 1970s, is an extension of the marketing concept. t/f
A sales strategy called consultative selling, often known as needs-based selling, involves representatives acting more like advisors than salespeople.
What is selling according to marketing principles?Selling is defined as making other people better at what they already do. Instead of speaking from your position throughout every sales discussion, consider the customer's perspective. Never say "my product is fantastic." Always say, "Let me know how I might help."
How do you sell skills?Planning and strategizing, analyzing needs, fostering understanding, positioning value, storytelling, overcoming objections, resolving objections in front of groups, presenting with teams, and negotiation to close are just a few of the sales abilities that enable professionals to win prospects.
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suppose paul borrows $4,000 for one year from his grandfather who charges paul 7% interest. at the end of the year paul will have to repay his grandfather how much money?
The amount that Paul would have to repay his grandfather at the end of the year, given the amount borrowed and the interest, is $ 4, 280
How to find the amount to be repaid ?The amount to be repaid can be found by the formula :
= Amount borrowed x ( 1 + interest rate on loan )
Amount borrowed = $ 4, 000
Interest on loan = 7 %
The amount that Paul is to repay his grandfather is therefore:
= 4, 000 x ( 1 + 7 %)
= 4, 000 x 1. 07
= $ 4, 280
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you spend a year of your life living with and studying crab fishermen. at the end of this time you document eveerything that you have learned. this is called an
You live with crab fisherman for a year while learning about their work. You keep track of all you learn throughout this period by writing it all down. It is referred to as a "ethnography."
Explain about the term ethnography?A key research technique for understanding the world through the eyes of it's own social relations is ethnography.
It's a qualitative research technique founded on the diversity of local (and global) cultures. Ethnography entails learning firsthand and on the spot, and it is pertinent anywhere people are pertinent. The main method used in societal and cultural anthropology is ethnography, which also serves as the basis for many other social sciences and humanities fields, including the natural sciences.You live with crab fisherman for a year while learning about their work. You keep track of all you learn throughout this period by writing it all down.
Thus, it is referred to as a "ethnography."
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gdp includes: group of answer choices the negative attributes in our quest for more goods and services such as soil erosion and deforested landscape. all quality improvements resulting from higher quality goods replacing inferior goods. the cleaning-up expenses associated with pollution. the value of leisure time.
The cost of environmental cleanup is accounted for in GDP.
What is included in the GDP and what is excluded?The Gross Domestic Product (GDP) is made up of commodities and services generated for market consumption as well as some nonmarket production, including government-provided services in the areas of military or education. Gross national product, or GNP, is another term that refers to the total production of a nation's citizens.
Which four components make up GDP?Consumption, investment, government spending, exports, and imports are the components used in the expenditures approach to computing GDP.
What three things are a part of GDP?Personal consumption, corporate investment, government spending, and net exports are the four main components of the gross domestic product. 1 That reveals what a nation excels at generating. The nation's annual total economic production is measured by its GDP. It is comparable to the amount that is spent in that economy.
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an export subsidy should have the opposite effect of a. capital flight. b. an increase in private saving. c. a tariff.
In the exporter market, an export subsidy reduces consumer excess and increases producer surplus. A producer surplus is increased in the export market and decreased in the import country market as a result of an export subsidy.
An export subsidy encourages producers to produce for export rather than home consumption. Domestic prices increase as a result of the domestic market's lack of supply. Worldwide prices decrease at the same time as supply on the market has expanded. Export subsidies, such as those provided by the EU export reimbursements and the US Export Enhancement Program, help traders bridge the price gap between their domestic markets and the global market.
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databases used by marketers may include information that is either _______ or _______.
Marketers may use databases that include either external or internal information.
Who are the marketers?The marketer is a professional who advertises the goods as well as services of a company. They identify the tactics that can increase revenue and profits while trying to make sure that these tactics are in line with both customer and market need.
What is the role of marketeer?A marketing manager is a marketing specialist who constructs multichannel communication strategy for organisations. Depending on the nature and needs of their employer, a salesperson may specialise in one or maybe more areas of work or work in a variety of them.
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suppose you currently make 50,000 per year in taxable income, but you are about to receive a raise. the rate at whixh the last dollar of your raise is taxed is called the
You currently make 50,000 per year in taxable income, but you are about to receive a raise. the rate at which the last dollar of your raise is taxed is called the Marginal tax rate.
What is Marginal tax rate?The amount of additional tax paid for each new dollar of income received is known as the marginal tax rate. Total taxes paid divided by total income earned is the average tax rate.
With a marginal tax rate of 10%, tax would be deducted from the following dollar of income at a rate of 10%. The progressive taxation technique seeks to tax people in accordance with their wages, with low-income earners paying less in taxes than high-income earners.
The marginal tax rate rises as income rises under the progressive income tax system used for federal income tax in the United States. Income levels are used to divide marginal tax rates into seven tax groups.
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do you think the benefits of iot devices in the workplace outweighs the security risks? why or why not?
The benefits of IoT devices in the workplace outweigh the security risks depends on the specific application and the security measures that are in place.
IoT devices can offer many benefits, such as improved communication, centralized data access, and automation, but they also come with security risks such as data breaches, malicious attacks, and unauthorized access. To maintain a secure workplace, businesses must ensure that they have the necessary security measures in place, such as encryption, secure authentication, and monitoring.
If these measures are in place, the benefits of IoT devices can often outweigh the security risks. Additionally, businesses should conduct regular risk assessments to identify potential vulnerabilities and implement security controls to mitigate those risks. Ultimately, businesses should assess the risks and benefits of implementing IoT devices and make an informed decision about whether or not the benefits outweigh the security risks.
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the only social responsibility that a company has to its investors is an economic responsibility--it must make a profit. true false
False. While making a profit is an important economic responsibility of a company to its investors, it is not the only social responsibility that a company has.
Additionally, businesses have a duty to their constituents, which include their workers, clients, suppliers, and the communities in which they conduct business. This might entail fostering moral and sustainable corporate conduct, safeguarding the environment, and improving local communities. Socially conscious businesses frequently have a better reputation and experience more long-term success.
According to the moral principle of societal responsibility, every individual has an obligation to fulfill their social responsibilities, and their deeds must benefit society as a whole. It is necessary to strike a balance between economic growth and the welfare of society and the environment in this manner. Social responsibility is an ethical paradigm that requires individuals to work together and engage with others.
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xyz company had a beginning balance for supplies of $950, and purchased $900 of supplies for the year. if the remaining supplies at year-end are $350, what adjusting entry does the company need to record? select an answer and submit. for keyboard navigation, use the up/down arrow keys to select an answer. a debit: supplies expense $350 and credit: supplies $350 b debit: supplies $900 and credit: cash $900 c debit: supplies expense: $1500 and credit: supplies $1500 d debit: supplies $1500 and credit: supplies expense $1500
Supplies expense: $1500 is debited; Supplies: $1500 is credited.
Credit is the customer's capacity to make a purchase without making a payment with the understanding that they would eventually be able to pay for it. In an entry recording for accounts, credit is a sum received and is shown on the right side or column of an account. Your capacity to pay is a factor in the credit. You can get what you need right away, like a credit card or a car loan, knowing that you can make payments later. Making a strategy to lower your mortgage assures that you will seek credit if required. Your statement serves as the basis for the numerous financial reporting companies that the borrowers use to assess the loan's value.
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These activities on the statement of cash flows represent the cash flows that arise out of the purchase and sale of plant and equipment a.) Earnings Activities
b.) Financing Activities
c.) Operating Activities
d.) Investing Activities
These activities on the statement of cash flows represent the cash flows that arise out of the purchase and sale of plant and equipment d) Investing Activities.
Buying tangible assets, investing in securities, or selling securities or assets are all examples of investing activity. If a company is building in lengthy health of the company, negative cash flows from investing activities could not be a bad indicator.
Investing activities entail long-term uses of capital in their cash flow. Buying or selling a fixed asset, such as real estate, machinery, or equipment, would be considered investing. Additionally, funds received as a consequence of a merger or purchase or the proceeds generated by the sale of a segment would be considered investment activities.
The most popular ones are probably equities, bonds, property, and ETFs/mutual funds. Real estate, certificates of deposit, annuities, cryptocurrencies, commodities, rarities, and bullion are more investment options to think about.
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the delivery of medical care in preindustrial america was governed mainly by group of answer choices high barriers to entry professionalization of medical care collusion among providers free market conditions
The delivery of medical care in preindustrial America was governed mainly by d. free market conditions.
The free market is an economic system based on supply and demand that is subject to little or no government regulation. It is a summary of all voluntary exchanges that occur in a given economic context.
Individuals make economic decisions in free marketplaces through a spontaneous and decentralized order of arrangements. A country's free market economy can range from very vast to completely illegal, depending on its political and legal norms.
The word "free market" is occasionally used interchangeably with laissez-faire capitalism. Most people think of the "free market" as an economy with unrestricted competition and just private transactions between buyers and sellers.
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Correct question:
the delivery of medical care in preindustrial America was governed mainly by
a) high barriers to entry
b) professionalization of medical care c
c) collusion among providers
d) free market conditions
the idea that accounts can both increase and decrease. (True or False)
True. Depending on the kind of transaction being recorded, accounts might go up or down in accounting. For instance, if cash increased, the cash account would be debited, and if accounts receivable decreased, the accounts receivable account would be credited.
How can accounts receivable be explained?Accounts receivable is an asset account that reflects the money that clients owe a business for products or services they purchased on credit. It is the amount that a company anticipates its consumers will pay for credit purchases. To keep track of the money they are due and to control their cash flow, businesses employ accounts receivable.
A significant asset, accounts receivable is recorded as a debit in the firm's records and indicates money that the company anticipates receiving soon. Companies may keep an eye on their accounts receivable using tactics for collections and credit management to guarantee timely payments.
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methods by which successful executives show their interest in learning what others are thinking include group of answer choices holding town hall meetings and consulting employees on what they would do if in charge. holding town hall meetings and consulting bankers on what they would do if in charge. holding retreats and consulting rivals on what they would do if in charge. consulting rivals and consulting investment bankers.
The correct choices are
Holding town hall meetings and consulting employees on what they would do if in charge.Holding retreats and consulting rivals on what they would do if in charge.Organizing town hall gatherings and asking staff members what they would do if they were in charge.
By using this technique, leaders may demonstrate their respect for their employees' ideas while also gaining insights and viewpoints from individuals who are directly involved in the day-to-day operations of the company.Organizing retreats and asking competitors what they would do if they were in charge.
With the use of this technique, executives may learn more about the industry's competitive environment and the strategies and tactics used by other businesses. It may also be a chance for networking and establishing connections with colleagues.For such more question on employees:
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update your trial balance with the following accounts and balances and then answer the questions that follow. cash 137,000 salaries payable 6,600 accounts payable 47,500 service revenue 233,700 common stock 136,400 accounts receivable 142,000 rent expense 32,800 advertising expense 48,400 salaries expense 119,600 retained earnings 90,200 prepaid rent 35,000 dividends 8,200 supplies 29,600 notes payable 38,200 required: 1. what are the total debits and credits on your revised trial balance? 2. assuming the retained earnings balance was entered on the wrong side of the trial balance, what would the total debits and credits be? 3. if a trial balance is in balance, one can assume that all accounting transactions have been recorded for the period. multiple choice true, if all transactions are recorded then the trial balance will be in balance. false, a trial balance reflects that every recorded transaction has equal debits equal credits, not that the entries are complete or correct.
The debits and credits are not equal, so the trial balance is not in balance.
How are total debits calculated ?The total debits on the revised trial balance are $857,600 ($137,000 + $47,500 + $32,800 + $48,400 + $119,600 + $35,000 + $8,200 + $29,600 + $38,200) and the total credits are $765,900 ($6,600 + $233,700 + $136,400 + $142,000 + $90,200)The total debits would be $765,900 ($137,000 + $47,500 + $32,800 + $48,400 + $119,600 + $35,000 + $8,200 + $29,600 + $38,200) and the total credits would be $857,600 ($6,600 + $233,700 + $136,400 + $142,000 + $90,200). This would happen if the retained earnings balance was entered on the wrong side of the trial balance. The trial balance is out of balance in this instance because the debits and credits are not equal.False. A trial balance shows that all transactions that have been recorded have equal debits and credits, not that the entries are comprehensive or accurate. A trial balance does not ensure that all transactions are accurately or completely recorded for the period; it merely verifies that the sum of the debit entries and the credit entries is equal.To know more about total debits , check out :
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if the supply curve shifts leftward and the demand curve also shifts leftward, and if demand shrinks relatively less than supply, then price will: question 34 options: a) fall and quantity will rise. b) rise and quantity will fall. c) be indeterminate and quantity will fall. d) stay the same and quantity will fall.
Price will be uncertain and quantity will decrease if the supply and demand curves both move to the left and if demand shrinks substantially less than supply.
What happens when demand and supply both move to the left?When demand is steady and supply is increasing, the supply curve moves to the right, creating an intersection where quantity and prices are lower. On the other hand, a negative change in supply causes the curve to move to the left, raising prices and lowering quantity.
What happens to the supply curve when it changes to the left?A movement in the supply curve upward or to the left will create a higher equilibrium price and a lower equilibrium quantity because the demand curve is typically downward sloping.
What would happen to the equilibrium price if the demand curve shifted to the left?Demand shifting to the left would undo the effects and cause a decrease in quantity as well as price. The overall conclusion is that changes in demand drive the equilibrium price and quantity to move in the same direction.
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aaa has a contract to build a building for $ 100,000 with an estimated time to completion of three years. a reliable cost estimate for the project is $60,000. in the first year of the project, aaa incurred costs totaling $24,000. how much profit should aaa report at the end of the first year under the percentage-of-completion method?
The profit should AAA reported at the end of the first year under the percentage-of-completion method is $16,000.
Profit is the term used to describe the financial gain experienced when the revenue from a commercial activity outpaces the costs, costs, and taxes associated with maintaining the activity in question.
The computation of the profit that should be reported is shown below:
= (Incurred cost ÷ Estimation of the cost × Contract price) - (Incurred cost)
= ($24,000 ÷ $60,000 × $100,000) - ($24,000)
= $40,000 - $24,000
= $16,000
Hence, the profit that should be recorded is $16,000
We simply applied the above formula so that the correct value could come And, the same is to be considered.
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