Consider the market for tattoos. If several new artists open up shops in the market for tattoos, then the equilibrium price will fall and the equilibrium quantity will rise.
Explanation :An equilibrium price is the price at which quantity demanded is equal to the quantity supplied. It is the point where the demand and supply curves intersect each other. An equilibrium quantity is the quantity bought and sold at the equilibrium price .If several new artists open up shops, it will increase the supply of tattoos in the market. This will lead to a rightward shift in the supply curve, resulting in a new intersection of the demand and supply curves at a lower equilibrium price and a higher equilibrium quantity. Therefore, the correct answer is option B: Equilibrium price will fall & equilibrium quantity will rise.
To know more about quantity visit:
brainly.com/question/14581760
#SPJ11
A new equipment requires an investment of $130,000 to generate an income of $20,000 for the first 3 years, thereafter, increasing by $10,000 for the remaining life of 10 years. To recover the investment under a no-return payback condition it will take:
To recover the investment under a no-return payback condition, it will take 6 years.
The payback period is a financial metric used to determine how long it takes to recover the initial investment in a project or equipment. In this case, the investment for the new equipment is $130,000, and the income generated is $20,000 for the first 3 years, increasing by $10,000 for the remaining 10 years.
To calculate the payback period, we need to determine when the total cumulative income equals or exceeds the initial investment. For the first 3 years, the total income generated would be $20,000 per year, resulting in a cumulative income of $60,000. We subtract this from the initial investment of $130,000, leaving a remaining amount of $70,000.
Since the income increases by $10,000 per year for the remaining 10 years, it will take an additional 7 years to accumulate $70,000. Therefore, the total payback period would be 3 years + 7 years = 10 years.
However, since we are looking for the payback period under a no-return condition, where no income is generated after recovering the investment, we subtract the additional 7 years from the total payback period. Hence, the final payback period under a no-return condition is 10 years - 7 years = 6 years.
Learn more about : Investment
brainly.com/question/15105766
#SPJ11
please help me quick :( (sorry meant to put chem not business)
At December 31, 2019, Talbot Corporation had 90,000 shares of common stock and 20,000 shares of convertible preferred stock outstanding, in addition to 9% convertible bonds payable in the face amount of $2,000,000. During 2019, Talbot paid dividends of $2.50 per share on the preferred stock. The preferred stock is convertible into 20,000 shares of common stock. The 9% convertible bonds are convertible into 30,000 shares of common stock. Net income for 2019 was $970,000. Assume an income tax rate of 30%. How much is the diluted earnings per share for the year ended December 31, 2019
Answer:
Diluted Earnings per share= $6.9
Explanation:
Earnings per share is the return attributable to each unit of outstanding ordinary share.
It is computed as the Net Income/Number of ordinary shares outstanding
The diluted earnings per share is the EPS assuming all convertible securities were all converted.
Converted shares is computed as follows:
units
Preferred shares = 20,000
Convertible bonds = 30,000
Total 50,000
Total outstanding shares ranking for Earnings = Ordinary shares + Converted shares
= 90,000 + 50,000 = 140,000
Diluted Earnings per share = 970,000/140,000= $6.9
Diluted Earnings per share= $6.9
Which one of the following statements is correct? a)The APR on a monthly loan is equal to (1 + monthly interest rate)12-1. b)The APR is equal to the EAR for a loan that charges interest monthly. c)The APR is the best measure of the actual rate you are paying on a loan. d)The EAR, rather than the APR, should be used to compare both investment and loan options. e)The EAR is always greater than the APR.
The correct statement is that the EAR, rather than the APR, should be used to compare both investment and loan options.
The Effective Annual Rate (EAR) takes into account the compounding of interest over time and provides a more accurate measure of the actual rate paid or earned on a loan or investment. On the other hand, the Annual Percentage Rate (APR) is a simple interest rate that does not consider the compounding effect.
Option d) states that the EAR, rather than the APR, should be used to compare both investment and loan options, which is correct. When comparing different investment or loan options, it is important to consider the compounding effect, as it can significantly impact the overall return or cost.
The APR, as mentioned in option c), is not always the best measure of the actual rate paid on a loan because it does not account for compounding. The APR is a standardized measure that allows for easier comparison between different loan offers, but it may not reflect the true cost of borrowing.
Option a) provides an incorrect formula for calculating the APR on a monthly loan. Option b) is also incorrect as the APR and EAR are different measures. Lastly, option e) is not always true as the relationship between the EAR and APR depends on the specific loan or investment terms.
Know more about compounding here:
https://brainly.com/question/5162646
#SPJ11
g turing facilities in Asia. Emerson needs to build a new manufacturing facility to produce automotive parts for cars manufactured in Detroit. Emerson executives are considering whether to build the new facility in China or in the United States. Which of the following, if true, undermines the argument to build a new Emerson facility in China? A. Fuel costs in China have risen sharply and are not expected to drop. B. China has committed over $500 billion to infrastructure projects. C. U.S. firms continue outsourcing service jobs despite the economy. D. China is the world's largest exporter of manufactured goods.
Answer: A. Fuel costs in China have risen sharply and are not expected to drop.
Explanation:
The main reason that companies would want to invest in another country and set up factories there for production, is usually because of the cost savings that it would enjoy doing so.
China offers a lot of cost savings to manufacturers such as with labor and material but if it is found that fuel costs have risen sharply and will not drop anytime soon, production in China will become more expensive and might dissuade companies like Emerson from setting up shop there.
Analyse the implications to Mr Flake’s business if: In May and June Mr Flake fell ill and he had to pay somebody else £1200 a month to run the business as well as himself? Answer: He received 6 more party bookings for September?
Answer:
1. Paying somebody else and himself represent cash outflow.
2. Party bookings represents forecasted cash inflow.
Explanation:
Remember, a cash flow shows where money is coming from into the accounts of a business and where money goes to from the accounts of the business. Inflows represent credit transactions into the business account, while the outflows represents debit transactions to external sources.
Thus, paying somebody else £1200 a month to run the business as well as himself (Mr Flake) both represents outflow of cash from his ice-cream business. But the 6 more party bookings for September represents cash inflows since he will be receiving a pay from the clients.
What percentage of oil does the us get from russia.
The United States gets about 4% of its oil from Russia.Oil is a fossil fuel made up of hydrocarbons that is produced by the natural decomposition of organisms. Natural gas and coal are two other examples of fossil fuels.
The fossil fuel is created by burying ancient organisms and subjecting them to intense heat and pressure over time. The percentage of oil refers to the quantity or amount of oil received from a particular country. For example, "What percentage of oil does the US receive from Russia?" means "What amount of oil does the US receive from Russia?"What percentage of oil does the US get from Russia?
The United States gets about 4% of its oil from Russia. As a result, Russia ranks eleventh on the list of top oil suppliers to the United States. According to a report from the US Energy Information Administration, the top oil supplier to the United States is Canada, which provides around 43% of its oil. Mexico, Venezuela, and Saudi Arabia are the next three largest sources, accounting for about 7%, 6%, and 5%, respectively.
To learn more about fossil fuel, visit here
https://brainly.com/question/2029072
#SPJ11
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
Read more about net income here:
https://brainly.com/question/28390284
#SPJ1
setting the reserve requirement, setting the discount rate, and collection data on the money supply are all activities of .
Setting the reserve requirement, setting the discount rate, and collecting data on the money supply are all activities of central banks.
Central banks, such as the Federal Reserve in the United States or the European Central Bank, play a crucial role in managing a country's monetary system. Here's a breakdown of the activities mentioned in the question:
1. Setting the reserve requirement: The reserve requirement is the percentage of deposits that banks are required to hold as reserves. It is a tool used by central banks to control the amount of money that banks can lend out. By increasing the reserve requirement, central banks can limit the amount of money available for lending, which helps to control inflation. Conversely, decreasing the reserve requirement can stimulate lending and economic growth.
For example, if the central bank sets a reserve requirement of 10% and a bank has $1,000 in deposits, it must keep $100 (10% of $1,000) as reserves and can lend out the remaining $900.
2. Setting the discount rate: The discount rate is the interest rate that central banks charge commercial banks for short-term loans. By adjusting the discount rate, central banks can influence the cost of borrowing for commercial banks. When the discount rate is lowered, it encourages banks to borrow more, which stimulates lending and economic activity. Conversely, when the discount rate is raised, it becomes more expensive for banks to borrow, which can help to control inflation.
3. Collecting data on the money supply: Central banks collect data on the money supply to monitor and analyze the overall amount of money in circulation within an economy. This includes tracking various measures of money, such as M1 (currency and demand deposits) and M2 (M1 plus savings deposits and small time deposits). By monitoring the money supply, central banks can gain insights into the state of the economy and make informed decisions regarding monetary policy.
In summary, setting the reserve requirement, setting the discount rate, and collecting data on the money supply are all activities of central banks. These actions are important tools used to manage the country's monetary system, control inflation, stimulate economic growth, and ensure financial stability.
To know more about banks visit-
https://brainly.com/question/29433277
#SPJ11
Businesses are usually interested in promoting growth because it:
A. expands the frontier on their production possibilities curves.
B. weakens productivity for competing businesses.
C. reduces their need to pay a large staff of employees.
D. creates additional marketing value without extra investment.
Answer: A - expands the frontier on their production possibilities curves
Explanation:
It was correct when checked
Businesses are usually interested in promoting growth because it expands the frontier on their production possibilities curve. Hence, option A holds true regarding business growth.
What is business growth?An expansion in the scope of business, which gives business an opportunity to improve the productivity and increase the sales exponentially, ultimately leading to increased profitability, is known as business growth.
Increased productivity at a constant rate enables a business to assume expanding its production capacities on the production possibilities curve, which can be determined through graphical representation.
Hence, option A holds true regarding the business growth.
Learn more about business growth here:
https://brainly.com/question/1384274
#SPJ2
Question 13 of 20
What would be the most likely consequence of making an
illegal turn while driving?
A. Collateral consequences
OB. Probation
C. Incarceration
D. A fine
Fine would be the most likely consequence of making an illegal turn while driving. The correct answer is option (D).
What is illegal turn while driving?When a driver makes an unsafe turn, it is regarded to be unlawful. These manoeuvres may involve doing a U-turn at an intersection with a "No U-turn" sign when the light is red or turning on red when there is a "No Turn On Red" sign.a railroad crossing, or nearby.
By going through a separating part, curb, strip of land, or two sets of the double yellow lines on a divided highway. if a curve, slope, rain, fog, or other obstruction prevents you from seeing 200 feet for each direction clearly They are prohibited because of how deadly they are, claims Arias. On how to merge back onto the freeway, only emergency cars are taught.
To know more about Illegal turn, visit:
https://brainly.com/question/14343508
#SPJ1
What challenges might we face in case we chose profession that does
not meet our interest and capacity?
We can't enhance our best on that profession. Financial concerns, job uncertainty and worry of failure are all frequent challenges students face when selecting a career. The reality is, no one is aware of what the world will seem like 10 or 15 years from now.
Why is it tough to pick out a career path?Lack of Experience
Limited work trip is some other motive why you may find it hard to choose your profession path. There are situations when speakme with human beings who work in a profession you're involved in pursuing is not enough. You can overcome this hurdle by using potentially participating in additional training.
Learn more about career challenges here:
https://brainly.com/question/24418407#SPJ9Ike invests $7,660 in an account paying 7.27% simple interest annually. how much interest has ike gained after four years? a. $222.75 b. $2,227.53 c. $1,392.20 d. $13,922.05 please select the best answer from the choices provided a b c d
The interest of $2,227.53 ike had gained after four years.
The correct option is B.
In order to find the interest which Ike would gain after 4 years can be calculated by Simple interest.
Simple interest is a method for calculating the percentage of interest paid on an amount over a predetermined time period at a predetermined rate. In simple interest, the principal amount doesn't change. Simple interest is a clear-cut and simple method for figuring out how much money has earned interest.
The formula used to find this simple interest is given by,
Simple interest=P×R×T
Here P is the principal amount or invested amount. It is given as,
P= $7,660
R is the rate of interest calculated annually and is given as,
R= 7.27%
=0.0727%
T is the time period or the number of years for the investment to be made.
T= 4years
Now, put the values in the above formula. Therefore,
Simple interest=7,660×0.0727×4
=2,227.53
So, $2,227.53 would be calculated as simple interest after 4 years which is gained.
Learn to know more about simple interests on
https://brainly.com/question/25845758
#SPJ4
10
Drag each tile to the correct location on the table.
Match each feature to the correct social media platform.
encourages
groups to
exchange ideas
often used
with other
types of social
media platforms
gets quick
messages out
to the public
connects users
within a
particular
geographic
space
Social
Networking
Microblogging
Video Sharing
Discussion
Forum
Microblogging is a form of social media that allows users to share short and concise messages with their followers in real-time.
This type of platform is designed for quick and easy communication, often limited to a certain number of characters or words per post.
Microblogging is ideal for getting immediate information out to a large audience, such as breaking news or updates on event.
It also encourages interaction and engagement between users, who can comment or share posts with their own followers.
While not limited to any specific topic, microblogging platforms are often used for sharing personal opinions, thoughts, and experiences, and can serve as a means of self-expression and community building.
Read more about microblogging
https://brainly.com/question/29375830
#SPJ11
how would you go about establishing your credibility quickly with the team
Answer:
Demonstrate everything honestly
Explanation:
Work on building expertise, try to be transparent , professional and communicate clearly as much as you can.
If I were looking to establish my credibility quickly with a team, there are a few things I would do. Firstly, I would make sure to be well-prepared for any meetings or conversations we have.
This would involve doing my research on the topic at hand and having a clear understanding of what we are trying to achieve. Additionally, I would make a point of being transparent about my experience and skills. I would highlight any relevant work I have done in the past and make sure that the team understands what I bring to the table. Lastly, I would be open to feedback and willing to collaborate with the team to find the best solutions. By being well-prepared, transparent, and collaborative, I believe I could quickly establish my credibility with any team.
To know more about credibility visit-
brainly.com/question/7989499
#SPJ11
if producers expect lower prices for their goods or services in the future, they will now, which is illustrated by a shift of the supply curve to the .
If producers expect lower prices for their goods or services in the future, they will increase their supply now, which is illustrated by a shift of the supply curve to the right.
The current supply curve will move to the right if producers anticipate future price decreases.
When producers anticipate lower prices in the future, it indicates a decline in their profitability. Given that prices are higher right now, the producer can increase profits by making and selling more products right now. The supply will increase as a result, and the supply curve will move to the right.
In order to explain how changes in the price of a resource, commodity, or product affect its supply and demand, the law of supply and demand combines two basic economic principles.
While demand declines as the price rises, supply increases. In contrast, as the price falls, supply becomes more limited and demand rises.
Learn more about Supply curve, here
https://brainly.com/question/6075885
#SPJ4
What is the medium of exchange?
Answer:
"an intermediary instrument or system used to facilitate the sale, purchase, or trade of goods between parties" but in my own words it is the price of a menimum wage between 2 or more people
Answer:
the medium of exchange is an instrument used for the facilitating of sale, purchase, or trading goods between parties.
Explanation:
some example(s) of medium exchange is currency.
why should we respect the life and culture of all people living in the country ?
Explanation:
Culture forms our identities and attitudes, and intercultural communication allows us to embrace and sometimes even integrate and learn the language with many other communities to some degree. In modern environment, cultural diversity is becoming extremely significant. We should respect all culture and community.
What two factors influence an economic school of thought?(1 point)
Answer:
Free-market, or laissez-faire, economics and Keynesian theory.
Explanation:
The economic school of thought can largely be influenced by prevailing societal values and the historical context in which the theory is developed.
There are many factors that might influence an economic school of thought, but the two key elements are often prevailing societal values and historical context. Prevailing societal values can drastically influence an economic philosophy.
Furthermore, the historical context in which an economic thought emerges is crucial. Economists develop their theories in response to the economic challenges and realities of their time. The Great Depression deeply influenced Keynesian economics, and the stagflation of the 1970s prompted a shift towards monetarism.
Learn more about the Economic School of Thought here:
brainly.com/question/4537767
#SPJ2
Which of the following is a risk banks should prepare for?
A.
Falling interest rates
B.
Borrowers who don't pay back loans
C.
Too many people requesting loans
D.
People switching to online transactions
Borrowers who don't pay back loans.
Random variations represent either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes and income shifts.
Answer:
FALSE
Explanation:
THIS IS THE COMPLETE QUESTION
Trends representing either increasing or decreasing movements over many years due to factors such as population growth, population shifts, cultural changes, and income shifts are a component of a time series called "Random Variations"
Random Variation can be regarded as
tendency of an estimated size/ value of a parameter to undergo deviation randomly away from the real/ true magnitude/ value of the parameter.
The highest-income quintile of the population receives 13 times as much income as the lowest-income quintile. However, the highest-income quintile only spends 4 times as much as the lowest-income quintile. Identify the possible reason or reasons for this stark difference between income inequality and consumption inequality. a. The richest quintile has the ability to save a larger percentage of its income. b. Individuals experiencing temporary fluctuations in their incomes are more likely to maintain moderate spending habits.c. Intergenerational mobility allows children to consume more than their parents. d. The poverty line does not reflect relative poverty.
The richest quintile has the ability to save a larger percentage of its income. Option A is true.
What income quintile signify?The highest income quintile is able to acquire wealth and invest it in assets like stocks, bonds, and real estate that produce more income because they can save a bigger percentage of their income. Because of this, their income grows faster than their spending. In contrast, those in the lowest income quintile are more likely to spend the majority of their income on basics like housing, food, and healthcare, leaving little money left over for savings or investments. The mismatch between income disparity and consumption inequality can also be influenced by other elements like credit availability, varying levels of education, and disparities in employment prospects.
To know more about Income Visit:
brainly.com/question/14732695
#SPJ1
80-85% of the world's natural vanilla is supplied by Madagascar, an island nation off the coast of Africa. Linda read a recent article online in one of the main ingredients for the ice cream that she and Cathal will produce in 'Sligo Scoops'. (i) What effect will a shortage of vanilla have on each of the following:
The price of vanilla:
Answer:
Climate change, crime and speculation mean the price of the fragrant spice has skyrocketed from $20 a kilo five years ago to $515 now.
what are the major works of JT? Explain in point.......
A __________ tax is one by which the government takes a greater share of the income of the rich than of the poor.
A progressive tax is designed to impose a higher tax rate on individuals with higher incomes, resulting in a greater share of income being taken from the rich compared to the poor.
This type of tax system aims to promote fairness and reduce income inequality by placing a larger burden on those who can afford to contribute more.
As income increases, the tax rate progressively increases, leading to a higher percentage of income being paid in taxes by wealthier individuals. The progressive tax structure is often seen as a means of redistributing wealth and providing support for social welfare programs.
To know more about Tax related question visit:
https://brainly.com/question/12611692
#SPJ11
To examine
the weekly payroll of all employees, one would look at the:
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
Learn more about the payroll register here:
https://brainly.com/question/24265652
#SPJ1
How does decreasing your credit card balance affect your income statement? (1 point)
It increases your monthly expenses, increasing the amount you spend each month.
It increases your monthly expenses, giving you more money to spend on other things.
It decreases your monthly expenses, increasing the amount you spend each month.
It decreases your monthly expenses, giving you more money to spend on other things.
The way in which decreasing your credit card balance would affect your income statement is that: D. It decreases your monthly expenses, giving you more money to spend on other things.
What is a credit card?A credit card simply refers to a small, rectangular flat card that is issued by a financial institution to its eligible customers, in order to avail them an opportunity to purchase goods and services on credit, especially based on the agreement that this amount of money would be paid back at a specific time and interest rate.
Generally speaking, a credit card balance can be defined as the total amount of money that an individual owe his or her credit card company. This ultimately implies that, a decrease in credit card balance would cause a decrease in monthly expenses, which avails the credit card holder more money to spend on other things.
Read more on credit card here: brainly.com/question/27808875
#SPJ1
Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle
2. a payday loan
3. an unsecured installment loan
4. It decreases your monthly expenses, giving you more money to spend on other things.
5. Determine or estimate the current value of everything you own.
6. Their ability to repay a loan
7. your prior record of paying your bills and paying off your debts
8. your age and gender
9. You can request one online or over the phone.
10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.
11. -the lender that provided the incorrect information
-the credit bureau that prepared the report
12. right away
13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.
14. The longer the term, the more you will pay in interest.
15. It will cost you less money overall.
16. A store credit card generally comes with a higher interest rate.
17. You will save money if you pay the balance off quickly.
18. -Clarifying the confusing language found on credit card applications.
-Forcing lending companies to disclose interest rates and hidden fees.
19. It banned credit card companies from raising interest rates after missed payments.
20. -a fixed annual charge for the use of a credit card
-a charge if the minimum payment is not paid by the due date
21. paying off the balance before interest can accrue
22. $30
23. Determine which card has the higher interest rate and pay the extra money to that card first.
Explanation: All these answers are correct!
Questions u could ask someone in an interview about fundraising ideas
Jack has become a franchise of sonic and his local community this as enable him to have access to blank in order to sell the product
Answer:
the knowledge, processes, and trademarks of Sonic
Explanation:
For the office supplies account on the worksheet, the trial balance has a debit balance of $1,200 and a $900 debit balance on the adjusted trial balance. What was on the adjustment column for office supplies
Answer: 300 Credit
Explanation: