After a busy week of work, Suzy decided to treat herself to a movie marathon. She heads towards her favourite cinema and plans to watch as many movies as she wants. Suzy took a taxi to the cinema which costs $15. At the cinema, Suzy is considering how many movies she should watch if she were to think like an economist. For her first movie, Suzy expects to gain an incremental benefit of $26. For her second movie, she gains only incremental benefits of $20, then $15 from the third, $12 from the fourth and $6 from the fifth. A single movie ticket will cost $12. In determining how many movies Suzy should be watching, the travel cost to the cinema via taxi is a/an . Type A for Average cost, M for Marginal cost, S for Sunk cost or O for Opportunity cost. Using marginal analysis, how many movies should Suzy be watching at the cinema? The maximum surplus for Suzy, from watching the number of movies you found in part b, is $ Answer to the nearest whole number (with no decimal places).

Answers

Answer 1

The travel cost to the cinema via taxi is a sunk cost because it has already been incurred and cannot be recovered.

To determine how many movies Suzy should watch, we can use marginal analysis. Suzy should continue watching movies as long as the incremental benefit from watching another movie is greater than or equal to the incremental cost.

The incremental cost of watching an additional movie is the price of a movie ticket, which is $12.

The incremental benefit of watching each movie is given in the problem. The marginal benefit from the first movie is $26, from the second movie is $20, from the third movie is $15, from the fourth movie is $12, and from the fifth movie is $6.

Since the incremental benefit of watching the first movie is greater than the incremental cost, Suzy should definitely watch at least one movie. To determine how many more movies she should watch, we need to compare the incremental benefit and incremental cost for each additional movie.

The marginal benefit from the second movie is $20, which is less than the marginal cost of $12. Therefore, Suzy should not watch a second movie.

The marginal benefit from the third movie is $15, which is also less than the marginal cost of $12. Therefore, Suzy should not watch a third movie.

The marginal benefit from the fourth movie is $12, which is equal to the marginal cost of $12. Suzy is indifferent between watching the fourth movie or stopping after the third movie.

The marginal benefit from the fifth movie is $6, which is less than the marginal cost of $12. Therefore, Suzy should not watch a fifth movie.

Therefore, Suzy should watch a maximum of 4 movies.

The maximum surplus for Suzy can be calculated by adding up the incremental benefits of the movies she watches and subtracting the total cost, which includes the cost of the taxi ride and the movie tickets. The total incremental benefit for 4 movies is $73 (26 + 20 + 15 + 12), and the total cost is $63 (15 for the taxi ride and 4 x 12 for the movie tickets). Therefore, the maximum surplus for Suzy is $10.

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Related Questions

what influences the costumer when she or he is deciding whether to buy a product

Answers

Answer:

Price

Explanation:

While there could be more than one factor that influences a customer's decision to buy a product, the underlining factor that has the most weight with regards to decision making is the price.

If a customer wants to buy a jacket that costs $4.99 and sees another store selling a jacket of the same quality or even less quality at $3.50, he is likely to buy the cheaper one in order to save some extra cash. It is linked with the purchasing power of the customer.

Define the term, "living below your means." Why is this an important part of personal financial planning? (write your answer in 3-5 sentences)

Answers

Explanation:

Living below your means refers to spending less money than you earn and avoiding unnecessary expenses, so that you can save money and avoid debt. This is an important part of personal financial planning because it allows you to build up savings, which can be used to achieve financial goals such as buying a house, starting a business, or retiring comfortably. Living below your means also helps you avoid financial stress and uncertainty by providing a buffer against unexpected expenses or changes in income. By being mindful of your spending habits and focusing on saving and investing, you can create a more stable and secure financial future for yourself and your family.

consider a simple ideal rankine cycle with fixed boiler and condenser pressures. if the steam is superheated to a higher temperature, (select the correct statement) group of answer choices
a) The turbine work output will decrease,
b) The amount of heat rejected will decrease,
c) The cycle efficiency will decrease,
d) The moisture content at turbine exit will decrease,
e) The amount of heat input will decrease.

Answers

If the steam in a simple ideal Rankine cycle with fixed boiler and condenser pressures is superheated to a higher temperature, the correct statement is that the cycle efficiency will decrease. This is because the cycle efficiency depends on the temperature difference between the hot and cold reservoirs.

If the steam is superheated to a higher temperature, the temperature difference decreases, leading to a decrease in efficiency.

Option a) is incorrect because the turbine work output is directly proportional to the enthalpy drop across the turbine, which remains constant as long as the boiler and condenser pressures are fixed. Option b) is incorrect because the amount of heat rejected is determined by the difference in enthalpy between the turbine inlet and the condenser exit, which also remains constant. Option d) is incorrect because the moisture content at turbine exit is determined by the initial moisture content and the degree of superheat, which is unrelated to the cycle efficiency. Option e) is incorrect because the amount of heat input is determined by the mass flow rate and the enthalpy rise across the boiler, which also remains constant.
In a simple ideal Rankine cycle with fixed boiler and condenser pressures, when the steam is superheated to a higher temperature, the correct statement is:

d) The moisture content at turbine exit will decrease.

Explanation:

Superheating the steam to a higher temperature increases the overall energy content of the steam. When it enters the turbine, it has more energy available to be converted into work. This results in a greater expansion of steam within the turbine, causing a decrease in moisture content at the turbine exit.

Additionally, the other statements are not correct because:

a) The turbine work output will actually increase due to the higher energy content of the steam.

b) The amount of heat rejected will not necessarily decrease, as the increased work output from the turbine will also increase the heat rejection required to maintain the cycle's balance.

c) The cycle efficiency will likely increase, as the increased work output from the turbine will result in a higher thermal efficiency.

e) The amount of heat input will increase since the steam is being superheated to a higher temperature, which requires more heat energy.

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Which statement would be MOST important to include in a summary of the section "Karl Marx"? Marx theorized that capitalists would try to get more work from people for less pay. Marxism is more durable as a critique of capitalism than as a system for governing. Marx's idea about communism influenced the Russian Revolution in 1917. Marx thought that machines would make life dull and repetitive.

Answers

The most important claim about Karl Marx would be the theorizing that capitalists would try to get more work from people for less pay.

Who was Karl Marx?

He was a German philosopher who developed the foundations of communism, a system that criticized capitalism and its doctrines. His most prominent theories are about the transition to communism, the class struggle, the Marxist theory of ideology and surplus value.

Therefore, the correct option for the question refers to surplus value, which was defined for Karl Marx as the difference between the value of the work produced by employees and their salary paid. For him, the surplus value is the work produced and not paid, being a condition of exploration of the capitalist system.

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question:a customer buys a 10% g.o. bond at 90. the issue is callable in 5 years at par and matures in 10 years. which statement is true?

Answers

a customer buys a 10% g.o. bond at 90. The yield to call is lower than the yield to maturity

Later, as commerce expanded, human connections became less durable and more dependent on transient needs as opposed to enduring social desires. Customers are often thought of as those who make purchases of goods and services, whereas clients are people who receive personalized advice and responses. [3] Despite the fact that these distinctions have no contemporary semantic weight, organizations like legal firms, film studios, and health care providers tend to favor clients, whereas supermarkets, banks, and restaurants tend to favor customers.

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The complete question is here:

A customer buys a 10% G.O. bond at 90. The issue is callable in 5 years at par and matures in 10 years. Which statement is TRUE?

A. The yield to call is higher than the yield to maturity

B. The yield to call is lower than the yield to maturity

C. The yield to call is the same as the yield to maturity

D. The nominal yield is lower than either the yield to call or yield to maturity

What are two current rising or resurgent powers that the video mentions that may be planning on changing the established international system?.

Answers

China and Russia are two current rising or resurgent powers that the video mentions that may be planning on changing the established international system.

Is China a comfortable place to live?

Over the past 40 years, China has rescued more people from poverty (800 million and counting) than any other country in history. China has a greater quality of living than the majority of other countries, including the West. In China, everyone has a beautiful life that keeps becoming better.

Is China a socialist or communist country?

The socialist market economy (SME) is the economic system and model for economic growth used by the People's Republic of China. The system is a market economy, with a predominance of public ownership and state-owned enterprises.

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For its first taxable year, Rony Incorporated’s accounting records showed the following: Operating loss per books $ (830,000) Temporary book/tax difference 118,000 Net operating loss for tax $ (712,000) Required: Use a 21 percent rate to compute Rony’s deferred tax asset with respect to the $118,000 book/tax difference. Use a 21 percent rate to compute Rony’s deferred tax asset with respect to its $712,000 NOL carryforward. Compute Rony’s tax benefit (negative tax expense) reported on its first income statement.

Answers

The tax benefit reported on Rony's first income statement will be the sum of the deferred tax assets. Therefore, the tax benefit will be $24,780 + $149,520 = $174,300. This represents the negative tax expense reported by Rony for its first taxable year.

The deferred tax asset for Rony Incorporated's $118,000 book/tax difference at a 21 percent rate is $24,780. The deferred tax asset for Rony's $712,000 NOL carryforward at a 21 percent rate is $149,520. Rony's tax benefit reported on its first income statement will be the sum of these two amounts.

A deferred tax asset arises when there is a temporary difference between the carrying amount of an asset or liability for accounting purposes and its tax basis. In this case, the $118,000 book/tax difference represents such a temporary difference. Since the book/tax difference is positive, it creates a future taxable amount, and Rony can recognize a deferred tax asset for it. Applying the 21 percent tax rate, the deferred tax asset is computed as $118,000 * 21% = $24,780.

Additionally, Rony has a net operating loss (NOL) carryforward of $712,000. An NOL occurs when tax deductions exceed taxable income. The NOL can be carried forward to future years to offset taxable income and reduce tax liabilities. Rony can recognize a deferred tax asset for the NOL carryforward, again using the 21 percent tax rate. The deferred tax asset is computed as $712,000 * 21% = $149,520.

Finally, the tax benefit reported on Rony's first income statement will be the sum of the deferred tax assets. Therefore, the tax benefit will be $24,780 + $149,520 = $174,300. This represents the negative tax expense reported by Rony for its first taxable year.

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When you put a check you received in the bank, you have immediate access to the money.
True or False.

Answers

Answer:

this is true hope this helps

Explanation:

Why is having a monopoly in business a
bad thing?
A. It causes other businesses to join the market.
B. It causes higher prices and lower quality.
C. You have to pay higher taxes to support them.

Answers

B. A monopoly is when one company has control over everything. For example the game monopoly. The goal is to own every property. The more someone owns when you land on their space, the more you pay.

According to the following table, which of these factors affects your credit
score the least?
Percent affects score
Max # of points
2973
Factor
wwarded
Payment history
Amount owed
Length of credit
history
New credit
Types of credit
30%
15%
1275
10%
10%
85
85

According to the following table, which of these factors affects your creditscore the least?Percent affects

Answers

Answer: New credit

Explanation:

According to the following table, new credit, of these factors affects your credit score the least. Therefore, option (a) is correct.

What is credit score?

Based on a thorough examination of a person's credit files, a credit score is a numerical representation that reflects their creditworthiness. Credit scores are determined by statistically analyzing a person's financial history, which includes their payment history, credit utilization, duration of credit history, categories of credit utilized, and most recent credit queries.

A person who has applied for new credit is said to have credit lines or loans that they did not previously have. One component of a person's credit report, it impacts whether their credit score will increase or decrease. Because it adds a hard query to their credit report, applying for new credit can temporarily lower a person's credit score.

As a result, the significance of the these factors impacts credit score the least are the aforementioned. Therefore, option (a) is correct.

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PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE

Ivywood Country Club recently hired Spencer to find additional resources, make major decisions involving membership, and develop ideas for new swag to be sold in the pro shop. What unique skill did the club MOST likely need when they hired Spencer?



capital capacity




labor talent




entrepreneurial ability

Answers

Answer:

entrepreneurial ability

Explanation:

Entrepreneurial ability is the capacity to understand every aspect of a business. It entails combining a range of technical, management, and personal skills. Entrepreneurial ability incorporates creativity, ambition, determination, teamwork,  risk management, and a sense of responsibility.

Spencer must have Entrepreneurial abilities; that's why the club hired him.  The club believes that his creativity and determination will be useful in finding additional resources. Spencer can recognize, attract, and retain talent. Entrepreneurial abilities involve taking over a business that already exists and making it better.

با ما
Outline two reasons why a business such as AEC could not be
Successful without other firms providing natural resources​

Answers

Answer:

Because of product's use of natural resources in its input (1) and dependence on the supply chain system of other companies.

Explanation:

The reason is that all of the companies rely on natural resources that the companies are processing and making it available for the other companies to utilize it to control its cost and complete the production of the products. The energy is a natural resource which every company utilizes and due to this its production is largely dependent on the firms that are processing natural resources to make it available for companies to utilize it.

The next most important thing is supply chain system of natural resource companies that helps the companies like AEC and even an individual to make the use of these natural resources in an efficient and effective manner. If I don't have access to fuel, then I cann't travel and traveling by using horses would be expensive and time consuming. So supply chain system of the other businesses play key role here.

Which of the following conditions distinguishes monopolistic competition from perfect competition? a. the freedom of entry and exit by firms in the market b. the number of sellers in the market c. the size of firms in the market d. product differentiation

Answers

Answer:

d)product differentiation

Explanation:

monopolism is when only one producer in the area produces the good/service thus there is no competition eg power supply company while perfect competition is when same type of products but different styles are produced making the business environment competitive.

The distinguishes monopolistic competition from perfect competition is product differentiation. The correct option is (d).

What do you mean by the monopolistic competition?

When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition exists.

A monopolistic competitive industry has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its rivals.

Monopolistic competition is a sort of imperfect competition when numerous manufacturers compete with one another yet sell various items that are not exact substitutes for one another.

Therefore, the distinguishes monopolistic competition from perfect competition is product differentiation.

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Although it is not specifically stated in the employment contract, Jack believes that if he works hard and secures more business than his peers he will receive a larger holiday bonus than the others in the group. This is an example of ____________.

Answers

The belief by Jack that he will receive a higher holiday bonus if he works hard is called a transactional based psychological contract.

What does a transactional based psychological contract mean?

When a person believes that they are in a transactional based psychological contract, it means that they believe that they will get a certain benefit if they do something.

This belief is psychological because it is not usually specified like the belief held about working hard by Jack.

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a flexible budget performance report indicates a sales variance of $200 unfavorable. the variance was likely caused by: multiple choice question. selling units for less than the budgeted price selling more units than budgeted selling units for more than the budgeted price

Answers

The variance was likely caused by selling units for less than the budgeted price.

How do you calculate a flexible budget's variance?

For instance, a flexible budget model is created with the expectation that the cost per unit will be $100. 800 units were sold in the most recent month, with a $102 average selling price per unit. By multiplying 800 units by $2 per unit, the favorable flexible budget variance for revenue equals $1,600.

What is the difference between the actual sales results and the flexible budget?

A flexible budget variation is a calculated discrepancy between the budget that was anticipated and the outcomes. In the aforementioned illustration, the corporation has a goal production capacity of 85%. The estimated or anticipated 212,500 unit sales volume results in a $740,625 profit.

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Which type of skills can help you determine what your customers want?
A. Speaking skills
B. Writing skills
C. Listening skills
D. Math skills

Please select the best answer from the choices provided A B C D

Answers

Answer:

C. Listening skills

Explanation:

By listening to a customer, you can determine what they want.

Improving listening skills can help you better understand and help customers.

I hope this helps.

Answer: C edge 2021

Explanation:

ur a real one :)

Calculate the WACC for a firm that pays 10% on its debt, requires an 18% rate of return on its equity, finances 45% of assets with debt, and has a tax rate of 35%. a) 12.83% b) 14.00% c)14.40 d)18.20

Answers

The WACC (weighted average cost of capital) is (a) 12.83%

The WACC (weighted average cost of capital) formula is:

\(WACC = (E/V) \times Re + (D/V) \times Rd \times (1 - Tc)\)

where:

E is the market value of the firm's equityD is the market value of the firm's debtV is the total market value of the firm (E + D)Re is the required rate of return on the firm's equityRd is the cost of debtTc is the corporate tax rate

Given:

The firm pays 10% on its debt, which means Rd = 10%The firm requires an 18% rate of return on its equity, which means Re = 18%The firm finances 45% of its assets with debt, which means D/V = 45%The firm has a tax rate of 35%, which means Tc = 35%

To calculate WACC, we need to find the market value of the firm's equity and debt. Let's assume that the total assets of the firm are worth $100.

The market value of debt = D = 0.45 × 100 = $45The market value of equity = E = 100 - 45 = $55

Now we can substitute the values into the WACC formula:

WACC = (E/V) × Re + (D/V) × Rd × (1 − Tc)

WACC = ($55/($55 + $45)) × 0.18 + ($45/($55 + $45)) × 0.1 × (1 - 0.35)

WACC = 0.55 × 0.18 + 0.45 × 0.1 × 0.65

WACC = 0.099 + 0.029

WACC = 0.128 = 12.8%

Therefore, the correct answer is (a) 12.83%.

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"The United States feels that it has become too dependent on oil from Saudi Arabia, so it places a limit on the amount of oil that is imported from Saudi Arabia. This is an example of a(n)"

Answers

Answer: Quota

Explanation:

Quotas are a way of limiting the imports that a country receives. It works by placing a limit on the amount of a certain good coming into the country within a certain period of time. After the required quantity is reached, the country stops imports of that good until the next period.

The United States learnt a sharp lesson in oil dependence when in 973, Arab countries placed an embargo on the United States for supporting Israel and this caused economic crises.

Placing a quota on the amount of oil it can get from Saudi Arabia will help it reduce the chances of such an event occurring again.

What is the term for a legally-binding document outlining the terms and conditions of a business transaction?

Answers

Answer:

A contract.

Explanation:

morgan is moving to a new city. she should consider each of these factors when selecting a new financial institution except

Answers

Answer:

all except PMI

Explanation:

1. In rare situations, a court may impose an __________ or __________ contract when necessary to prevent unjust enrichment.a. implied-in-fact; quasi-b. implied-in-law; bilateralc. implied-in-fact; unilateraldd. implied-in-law; quasi-

Answers

In rare situations, a court may impose an implied-in-law or quasi contract when necessary to prevent unjust enrichment. So, option D is correct.

Implied-in-law contracts are obligations that a court creates to prevent one party from being unjustly enriched at the expense of another. It's also known as a quasi-contract or constructive contract. When two parties have a contract dispute, a judge may sometimes impose an implied-in-law contract. Because it is created by the court rather than agreed to by the parties, it is a fictitious contract.

A quasi-contract is a legal concept in which an agreement is created by the courts to force a legal obligation onto a party who would not otherwise be bound by one. A quasi-contract is created by law to avoid one party being unjustly enriched at the expense of another. When a contract is not formed, the court will use quasi-contract as a remedy.

A court may impose an implied-in-law or quasi contract when necessary to prevent unjust enrichment, particularly if the parties' relationship suggests that an enforceable contract was anticipated. An implied-in-law contract is created by law to avoid one party being unjustly enriched at the expense of another.

A court may impose an implied-in-law or quasi contract when necessary to prevent unjust enrichment. Therefore, option D is correct.

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alex measured the length of an item to be 3.9 cm. the actual length is 3.5 cm what is alex percent error ?

Answers

Answer:

11.42 %

Explanation:

The formula for calculating percentage error

percentage error = observed value - actual value x 100

     actual value

Percentage error =    3.9- 3.5  x 100

    3.5

Percentage error = 0.4  x 100

                             3.5

Percentage error =0.1142 x 100

Percentage error = 11.42 %

An and Bo are partnership together. They buy and renovate properties which they then rent out or sell to other people.

The business has been going for six years and is profitable. They want to expand the business to offer a maintenance And repairs service to both the private sector and public sector.

However, the partners do not have the capital needed for this expansion.

Bo’s sister, Jiao, has said that she is prepared to invest in the business in return for a share in the profits.

An and Bo are also considering changing the legal structure to a private limited company.

a. Identify two features of public sector organizations.

b. Identify two advantages and two disadvantages to An and Bo of being a partnership.

c. Explain two benefits to An and Bo of expanding their businesses.

d. Do you think the partners should become a private limited company? Justify your answer.

Answers

Together, An and Bo form a partnership. They invest in real estate and then refurbish it before renting or selling it to others. Following is the required information.

Give a brief account on partnership.

a. Two features of public sector organizations.

Government funding: The public authority provides funding for public projects. They either belong to the public authority, which has claimed them, or the public authority owns a bigger portion of them. In some attempts, private ventures are also permitted, but the public authority, in a sense, performs the dominant role.Government Management: The public authority is in charge of regulating public enterprises. The government has occasionally started businesses in its own areas of expertise. In many situations, the government selects someone to handle the endeavors. In fact, the public authority divisions directly and implicitly bind even independent bodies.

b. Two advantages of being in a partnership :

Bridging the Knowledge and Expertise Gap: By collaborating with someone, you may have access to a greater breadth of knowledge and expertise for many aspects of your organization. A solid partner might also contribute expertise and experience that you might be lacking, as well as complementing abilities that will aid in business expansion.More Money: A potential partner may inject additional funds into the company. The other individual might be more connected strategically than you are. This could assist your business in luring in new investors and raising further funds to expand. The correct company partner could also improve your capacity to obtain financing for business expansion.

Two disadvantages of being in a partnership :

Liabilities: A partnership involves shared business losses and responsibilities for all business related debts, even if they incurred by the other partner. These obligations are in addition to sharing revenues and assets. Your assets and personal money may suffer as a result. In essence, you might be held accountable for choices your partner takes regarding the company. This may be one of the most important things to take into account while weighing the benefits and drawbacks of a partnership.Loss of Autonomy: Although you probably like having complete control over your company, under a partnership, you would now share that control with a partner and make crucial choices together.

c. Two benefits to An and Bo of expanding their businesses :

capable of increasing sales and profitability.can access new markets or customers.

d. The partners shouldn't form a private limited business since partnerships have more benefits than private limited companies, including easier establishment and reduced costs.

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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false

Answers

Hiring labour is different from buying other goods and services, and the contract between the employer and the employee is incomplete. It does not cover what the employer really cares about, which is how hard and well the employee works.

two reasons why a business draws up a job description

Answers

Answer:

To describe duties of specific job and its requirements

Which of the following statement is true about the lease accounting of IFRS and U.S. GAAP? a. IFRS recognize both finance lease and operating lease* b. IFRS only recognize finance lease, not operating lease C. IFRS only recognize operating lease, not finance lease d. US GAAP only recognize operating lease, not finance lease

Answers

Option  a. IFRS recognize both finance lease and operating lease is true about the lease accounting of IFRS and U.S. GAAP

IFRS defines a finance lease as a lease that transfers substantially all the risks and rewards incidental to ownership of an asset to the lessee. In this case, the lessee recognizes the leased asset as an asset on its balance sheet and also recognizes a corresponding liability for the lease payments. The asset is depreciated, and interest expense is recognized on the liability. On the other hand, an operating lease is a lease other than a finance lease. For operating leases, the leased asset is not recognized as an asset on the lessee's balance sheet. Instead, the lease payments are recognized as an expense over the lease term. Regarding U.S. Generally Accepted Accounting Principles (U.S. GAAP), prior to the implementation of Accounting Standards Update (ASU) 2016-02 (Topic 842), operating leases were not recognized on the lessee's balance sheet. However, under the updated guidance of Topic 842, similar to IFRS 16, most leases are now recognized on the balance sheet of the lessee, including both finance leases and operating leases, with some exceptions for short-term leases and leases of low-value assets.

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plume has sales of $1.62 million with costs of goods sold equal to 78 percent of sales. the average inventory is $369,000, accounts payable average $438,000, and receivables average $147,000. how long is the cash cycle?

Answers

There are 13.19 Cash cycles in a year in plumes.

Explanation:

Formula for calculating the cash cycle.

Days of outstanding inventory + days of outstanding sales - overdue days for payments

Days Sales Outstanding may be calculated using the method =

Credit Sales / Receivables Average =

($147,000 * 365) / $1,620,000 = 33.12

Days' Inventory Outstanding Calculation Formula =

Cost of goods sold and average inventory are 365.

($369,000 * 365) / $1,263,600 = 106.59

Days payables outstanding are calculated using the following formula:

average cost of goods sold 365 accounts payable

($438,000 * 365) / $1,263,600 = 126.52

The cash cycle is equal to: 33.12 + 106.59 - 126.52 = 13.19.

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consider the market for the british pound sterling (gbp). note that although the united kingdom (great britain) is an official member of the european union, it has chosen not to adopt the euro as its official currency. for each of the following, determine whether the situation described is part of the supply, demand, or neither side in the foreign exchange market for gbp.

Answers

A decrease in the value of the euro This is part of the demand side in the foreign exchange market for GBP. When the value of the euro decreases, foreign investors may want to shift their investments to GBP, causing an increase in demand for GBP.

The foreign exchange market for GBP refers to the market where individuals, businesses, and governments buy and sell GBP in exchange for other currencies. The exchange rate between GBP and other currencies is determined by the interaction of supply and demand forces in the market. The supply side refers to the factors that affect the amount of GBP that is available for sale in the market, while the demand side refers to the factors that affect the amount of GBP that buyers want to purchase. In the case of the UK, although it is an official member of the European Union, it has chosen not to adopt the euro as its official currency.

United Kingdom's membership in the European Union ,This factor does not directly affect the demand or supply of GBP in the foreign exchange market. It is related to political and economic relationships but does not determine the value or transactions involving GBP. United Kingdom not adopting the Euro as its official currency,This factor does influence the demand and supply of GBP. By not adopting the Euro, the UK requires businesses and individuals to exchange their local currencies for GBP in order to conduct transactions in the UK.
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Required information [The following information applies to the questions displayed below.] As a long-term investment, Fair Company purchased 15% of Midlin Company's 280,000 shares for $336,000 at the

Answers

Fair Company purchased 42,000 shares (15% of 280,000 shares) of Midlin Company for $336,000 as a long-term investment.

Fair Company made an investment in Midlin Company by purchasing a certain percentage of its shares. In this case, Fair Company purchased 15% of Midlin Company's total shares, which equates to 42,000 shares (15% of 280,000). The total cost of the investment was $336,000.

Fair Company's decision to purchase 15% of Midlin Company's shares for $336,000 is an example of a long-term investment strategy. By investing in Midlin Company, Fair Company is expecting to see a return on their investment over a period of several years. The percentage of shares that Fair Company purchased indicates their level of ownership in Midlin Company and the amount of influence they may have in the company's decision-making processes. It is important to note that a long-term investment strategy typically involves a higher level of risk than short-term investments. However, the potential rewards of a successful long-term investment can be substantial. In the case of Fair Company's investment in Midlin Company, the hope is that the value of the shares will increase over time, resulting in a significant return on investment.

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Brandy works in a laboratory. She performs experiments to develop new methods of food production and processing.
Her job is best described as a(n):

Clarence is an independent worker who offers his pervices to many different farms. He teaches farmers how to run their farms more efficiently and safely. Clarence's job is best described as a(n):

Leon hires and manages workers who handpick oranges and other fruits on farms. He trains and oversees the
workers. Leon's job is best described as a(n):

The choice are:

Buyer or Purchasing Agent, Farm Labor Contractor, Food Scientist, Farm Management Adviser


Answers

Answer:

1) Food scientist

2) Farm management advisor

3) Farm labor contractor

Explanation:

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