Answer: For firms that are selling a product that serves universal needs and that do not face significant competition, a monopoly strategy makes sense. This allows the firm to control the market and set prices as they please without having to worry about competition driving down prices. However, it is important to note that this strategy may not be sustainable in the long run as it may lead to government intervention and regulation to prevent abuse of market power. Additionally, the emergence of new technologies or substitutes may threaten the firm's monopoly position in the future.
Explanation: When a firm is selling a product that serves universal needs and has no significant competition, it can gain a monopoly position in the market. This allows the firm to set high prices and enjoy high profits, as consumers have no other options but to buy from the firm. Such a strategy can be lucrative for the short term, but it also comes with risks.
One risk is government intervention and regulation to prevent abuse of market power. When a firm has a monopoly position, it can abuse its power to charge unfair prices and limit competition, which can harm consumers and the overall economy. To prevent such abuse, governments may impose regulations or antitrust laws to ensure that firms with market power behave fairly and do not harm consumers or competitors.
Another risk is the emergence of new technologies or substitutes that can threaten the firm's monopoly position in the future. For example, the rise of e-books has disrupted the publishing industry, challenging the monopoly position of traditional publishers. Similarly, the emergence of renewable energy sources has disrupted the fossil fuel industry. Therefore, firms with a monopoly position must be aware of the potential threats from new technologies and competitors and adapt accordingly to remain competitive.
Savings by _____ in small dollar amounts is the origin of much of the money that funds business loans in an economy.
Savings by households in small dollar amounts is the origin of much of the money that funds business loans in an economy.
What is a business loan?An agreement between a lender and a borrower whereby the lender lends money to the borrower's business, which then repays the lender with interest in accordance with the terms of the loan.
The four pillars of the majority of business loan applications are credit scores, annual income, company plans, and collateral. But keep in mind that you'll need a lot more proof of your qualifications to get a company loan. You may need your driver's license among others.
Without a strong personal credit score (beginning at 700) and a steady stream of revenue from your company, it might be difficult to be approved for a small business loan. These are a few typical explanations for your business loan application being rejected.
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How many corporations still offer their employees a pension plan
10%
50%
12%
20%
One of Coppertone's marketing tactics is the sponsorship of the men's and women's Olympic soccer teams. To many of the over 3 million boys and girls playing youth soccer in the United States, the U.S. Olympic soccer teams are a(n) ________ group.
One of Coppertone's marketing tactics is the sponsorship of the men's and women's Olympic soccer teams. To many of the over 3 million boys and girls playing youth soccer in the United States, the U.S. Olympic soccer teams are a(n) aspirational group.
To many of the over 3 million boys and girls playing youth soccer in the United States, the U.S. Olympic soccer teams are an aspirational group. These young players may look up to the Olympic teams as role models and aspire to one day play at that level themselves. The sponsorship of the Olympic soccer teams by Coppertone could potentially inspire these young players to use Coppertone products to protect their skin while playing soccer, as they see their favorite players using them.
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bison co. had pretax accounting income for the year ended december 31, 2021 of $49 million. bison co.'s taxable income was $57 million. this was a result of differences between straight-line depreciation for financial reporting purposes and accelerated depreciation for tax purposes. the enacted tax rate is 25% for 2021 and 35% thereafter. calculate the amount that bison co. should report as the current portion of income tax expense for 2021.
Bison Co. should report $17.05 million as the income tax expense for 2021, calculated as the sum of the current tax expense of $14.25 million and the deferred tax expense of $2.8 million.
The first step is to calculate the temporary difference between Bison Co.'s pretax accounting income and taxable income, which is caused by the difference in depreciation methods.
The accelerated depreciation for tax purposes resulted in a lower taxable income, so the temporary difference is:
Temporary Difference = Taxable Income – Pretax Accounting Income
Temporary Difference = $57 million – $49 million
Temporary Difference = $8 million
The next step is to calculate the amount of income tax expense that Bison Co. should report for 2021. This involves calculating both the current tax expense and the deferred tax expense.
The current tax expense is calculated as the amount of tax payable on the taxable income for the year, using the enacted tax rate for 2021 of 25%. The taxable income for the year is $57 million, so the current tax expense is:
Current Tax Expense = Taxable Income x Enacted Tax Rate
Current Tax Expense = $57 million x 25%
Current Tax Expense = $14.25 million
Finally, since the deferred tax rate is 35% and the temporary difference is $8 million, the deferred tax expense is:
Deferred Tax Expense = Temporary Difference x Deferred Tax Rate
Deferred Tax Expense = $8 million x 35%
Deferred Tax Expense = $2.8 million
Therefore, the total income tax expense that Bison Co. should report for 2021 is:
Total Income Tax Expense = Current Tax Expense + Deferred Tax Expense
Total Income Tax Expense = $14.25 million + $2.8 million
Total Income Tax Expense = $17.05 million
Thus, Bison Co. should report $17.05 million as the current portion of income tax expense for 2021.
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The correct answer is option c. $576,750. As of December 31, 2021, Puritan should report a deferred tax asset for the NOL carryforward of $576,750.
The deferred tax asset for the NOL carryforward can be calculated as follows:
Calculate the NOL carryback amount:
NOL carryback amount = (2020 pretax accounting income - 2021 taxable income) × 34%
= (352,000 - (582,000)) × 34%
= $78,200
Calculate the NOL carryforward amount:
NOL carryforward amount = (2020 taxable income - 2021 taxable income) × 34%
= (582,000 - 795,000) × 34%
= -$270,300
Calculate the deferred tax asset for the NOL carryforward:
Deferred tax asset for the NOL carryforward = NOL carryback amount + NOL carryforward amount
= $78,200 + (-$270,300)
= -$192,100
Add the deferred tax asset for the NOL carryforward to the net operating loss carryforward balance:
Net operating loss carryforward balance = 2020 taxable income = 582,000
Deferred tax asset for the NOL carryforward = -$192,100
Total = 582,000 - 192,100
= $576,750
Therefore, as of December 31, 2021, Puritan should report a deferred tax asset for the NOL carryforward of $576,750.
Complete Question:
Pretax accounting income for the year ended December 31, 2021, was $49 million for Truffles Company. Truffles'taxable income was $57 million. This was a result of differences between straight-line depreciation for financial reporting purposes and accelerated depreciation for tax purposes. The enacted tax rate is 25% for 2021 and 35% thereafter. What amount should Truffles report as the current portion of income tax expense for 2021? (Round your answer to the nearest whole million Multiple Choice $14 million $12 million $17 million $20 million 6.Assume that Puritan Corp. operates in an industry for which NOL carryback is allowed. Puritan Corp. reported the following pretax accounting income and taxable income for its first three years of operations: $ 2020 2021 2022 352,000 (582,000) 795,000 Puritan's tax rate is 34% for all years. Puritan elected a loss carryback. As of December 31, 2021. Puritan was certain that it would recover the full tax benefit of the NOL that remained after the operating loss carryback. What did Puritan report on December 31, 2021, as the deferred tax asset for the NOL carryforward?
a. $270,300
b. $78,200.
c.576,750.
d. $0.
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What mechanism will you putin place if your new hire is under performing, e.G, on -line job trainingg
Answer:
Job training
Explanation:
Job training is an important procedure for an employee to understand the work and their job profile. Providing job training helps to develop the career profile of an employee and also the prospective growth of the organization.
When some one in the organization performance is lower or if he or she is under performing, then the best way to increase the productivity of the employee is to provide a job training so that the employee learns and practices the work culture and work effectively for the individual growth as well as the organizational growth.
Recommend three life skills that can assist a grade 12 school leaver to adapt to the world of work in 2023.in each answer,also indicate how these life skills can prevent a stressful transition from being a learner to the work environment.
A grade 12 school leaver will require communication, time management and problem solving skills to adapt to the world of work.
What are life skills?Life skills are skills required by individuals are necessary for living and cooperation with others
Some of the life skills include:
communication time management critical thinking problem solvingA grade 12 school leaver will require communication, time management and problem solving skills to adapt to the world of work.
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Why are there differences among industries regarding the nature and types of returns allowed?
A. Most industries are concerned about international competition
B. Some industries have products that are more tightly controlled for consumer safety
C. Reverse logistics processes are not fully developed
D. Companies are primarily concerned with sales, not returns
The differences among industries regarding the nature and types of returns allowed can be attributed to various factors. Primarily, some industries have products that are more tightly controlled for consumer safety (B).
This means that returns may be subject to stricter regulations and inspection processes to ensure that the returned products are safe for resale or disposal. Additionally, reverse logistics processes may not be fully developed in some industries (C), leading to inconsistencies in handling returns. A well-established reverse logistics system is essential for managing returns efficiently and effectively.
Moreover, while most industries are concerned about international competition (A), the focus may be more on sales, product innovation, and market share rather than returns. As a result, some companies might not invest in improving their return policies or processes, which can cause variations in return practices among industries. Lastly, it is important to note that companies are primarily concerned with sales, not returns (D). However, having a customer-friendly return policy can positively impact customer satisfaction and brand reputation, which in turn can boost sales. Therefore, the differences in return policies among industries can also be a result of each industry's unique focus and business strategy.
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renata company has four departments: materials, personnel, manufacturing, and packaging. information follows. department employees square feet asset values materials 27 25,000 $ 6,000 personnel 9 5,000 1,200 manufacturing 63 55,000 37,800 packaging 51 15,000 15,000 total 150 100,000 $ 60,000 the four departments share the following indirect expenses for supervision, utilities, and insurance according to their allocation bases. indirect expense cost allocation base supervision $ 82,500 number of employees utilities 50,000 square feet occupied insurance 22,500 asset values total $ 155,000 allocate each of the three indirect expenses to the four departments.
The allocation of indirect expenses to Renata Company's four departments is as follows: Materials - Supervision: $14,850, Utilities: $12,500, Insurance: $2,250; Personnel - Supervision: $4,950, Utilities: $2,500, Insurance: $450; Manufacturing - Supervision: $34,650, Utilities: $27,500, Insurance: $14,175; Packaging - Supervision: $28,050, Utilities: $7,500, Insurance: $5,625.
To allocate the three indirect expenses (supervision, utilities, and insurance) to the four departments (materials, personnel, manufacturing, and packaging) based on their respective allocation bases, we can use the following steps:
Calculate the allocation rates for each expense category:
Supervision rate = Supervision expense / Total number of employees
Utilities rate = Utilities expense / Total square feet occupied
Insurance rate = Insurance expense / Total asset values
Allocate the expenses to each department:
Supervision expense for each department = Supervision rate * Number of employees in the department
Utilities expense for each department = Utilities rate * Square feet occupied by the department
Insurance expense for each department = Insurance rate * Asset values of the department
Let's perform the calculations:
Calculate the allocation rates:
Supervision rate = $82,500 / 150 = $550 per employee
Utilities rate = $50,000 / 100,000 = $0.50 per square foot
Insurance rate = $22,500 / $60,000 = 0.375 per dollar of asset value
Allocate the expenses to each department:
Materials department:
Supervision expense = $550 * 27 = $14,850
Utilities expense = $0.50 * 25,000 = $12,500
Insurance expense = 0.375 * $6,000 = $2,250
Personnel department:
Supervision expense = $550 * 9 = $4,950
Utilities expense = $0.50 * 5,000 = $2,500
Insurance expense = 0.375 * $1,200 = $450
Manufacturing department:
Supervision expense = $550 * 63 = $34,650
Utilities expense = $0.50 * 55,000 = $27,500
Insurance expense = 0.375 * $37,800 = $14,175
Packaging department:
Supervision expense = $550 * 51 = $28,050
Utilities expense = $0.50 * 15,000 = $7,500
Insurance expense = 0.375 * $15,000 = $5,625
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Now that each account has been classified, assign account numbers to each account. You must assign account numbers so that accounts receivable, accounts payable, and expense accounts are in alphabetical order (by last name, in the case of accounts receivable). Use 3-digit account numbers and number the accounts within a division by 10s.
Answer:
I dont know the answer im just saying this so I can come back to it when there is an answer
Explanation:
A firm has four different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the end of two years, and $10 million at the end of three years. Option B will give the firm $5 million at the end of one year, $10 million at the end of two years, and $15 million at the end of three years. Option C will give the firm $15 million at the end of one year, $10 million at the end of two years, and $5 million at the end of three years. Option D will give the firm $21 million at the end of one year, nothing at the end of two years, and $9 million at the end of three years. Which of these options has the highest present value if the rate of interest is 5 percent
Answer:
The answer is "Option D".
Explanation:
Using the formula for calculating present value:
\(= \frac{Future \ value}{(1+r)^n}\\\\\)
that's why "Option D" is correct.
Which of the following are money market instruments? Check all that apply.
Common stocks
O Treasury bills
O Long-term bank loans
O Commercial paper
Im Certificates
Certificates of deposit
Commercial paper is one of the following money market instruments. Commercial paper is a type of short-term, unsecured debt instrument issued by corporations to fund short-term liabilities.
What is money market?Bank accounts, including time credentials of deposit; interbank loans (loans between banks); money market mutual funds; commercial paper; Treasury bills; and securities lending and repurchase agreements are all examples of money markets (repos). The money market is an economic component that provides short-term funds. The money market specializes in short-term loans of one year or less. Money market funds are widely regarded as one of the most stable investments, as they have low volatility and are less susceptible to market fluctuations. Money funds are also more liquid than other investments with comparable returns, such as CDs, because they allow you to quickly withdraw cash or purchase other investments.To learn more about money market, refer to:
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How does the outlook for this job influence decision to pursue it? Does the education required for this match your plans for high school?
The outlook for this job influence decision to pursue it Looking at process outlook whilst choosing a brand-new function to pursue is an crucial thing to making sure process security. The better the process outlook for that function, the much more likely you're to each locate and maintain a process in that field.
The education required for this match your plans for high school Having a plan in place in which college students can maintain music of those non-public learnings can assist similarly their very own development. For instance, they could file what mastering fashion pleasant fits them. For excessive college college students, this piece of records may be very beneficial in relation to deciding on a college.
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match each business strategy to its corresponding definition. value innovator differentiator stuck in the middle cost leader
A value innovator is a company that focuses on creating new value in their industry, often through innovative products or services.
What's value innovationValue innovation is a process in which a company introduces new technologies or upgrades that are designed to achieve both product differentiation and low costs.
The changes implemented through value innovation create new or improved elements for the product or service, but also result in cost savings by eliminating or reducing unnecessary aspects during the product lifecycle.
Value innovation does not necessarily create a completely new product or technology. This type of innovation can improve on existing services and lowers the costs of that service for both the company and their customers.
Based on the question, the correct matches are:
Value innovator: A company that focuses on creating new value in their industry, often through innovative products or services.
Differentiator: A company that differentiates itself from competitors through unique products or services.
Stuck in the middle: A company that does not have a clear competitive advantage and is not able to effectively compete with companies that are value innovators, differentiators, or cost leaders.
Cost leader: A company that focuses on being the lowest cost provider in their industry
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Heinrich, a purchaser for an optics company in Germany, must place an order for materials for use in its production process. He is most likely to order from a company ________.
within the European Union because there would be no barriers to trade
is the answer.
The European Union is a political and economic union of 27 member states, primarily in Europe. The total area of the Union is 4,233,255.3 km² and the estimated total population is about 447 million.
The European Union (EU) is a unique economic and political coalition between 27 European countries. The predecessor of the EU was founded after World War II.
Founded in 1992, the modern European Union has its roots in the integration of the post-war European economy and the prevention of future conflicts. It consists of seven major institutions and dozens of smaller institutions that legislate and coordinate foreign policy and trade and manages a common budget.
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Which quality of accounting information states that the information is verifiable and is not subject to opinion.
Reliability!
Hope this helps, Good luck! :)
if real gdp is $6 billion and the population is 300,000, per-capita real gdp is
Per capita real GDP can be calculated by dividing the real GDP by the total population. In this case, if the real GDP is $6 billion and the population is 300,000, then the per capita real GDP would be $20,000.
Per capita real GDP is an important measure as it indicates the average economic well-being of each person in a country. It gives an idea of the standard of living of the people and is often used as a benchmark for comparing the economic development of different countries. A higher per capita real GDP generally indicates that people in that country have access to more goods and services, higher wages, and better living standards. However, it is important to note that per capita real GDP is not the only measure of economic well-being. It is also important to consider factors such as income inequality, access to healthcare and education, and overall quality of life. In summary, if the real GDP is $6 billion and the population is 300,000, the per capita real GDP would be $20,000. This measure is important for understanding the average economic well-being of the people in a country, but it is not the only factor to consider when evaluating overall quality of life.
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what is the term for a crm that tracks the type of sale that is most likely to make a person purchase an item that they have previously viewed on an e-commerce site?
User experience is the term for a CRM that tracks the type of sale that is most likely to make a person purchase an item that they have previously viewed on an e-commerce site. Option C
What is User experience?Generally, The term "user experience" describes how a product, application, system, or service makes the user feel. It is a general phrase that may refer to anything, including how easily a user can navigate a product, how simple it is to use, how pertinent the shown material is, etc.
A CRM that monitors the kind of sale that is most likely to prompt a consumer to buy an item that they have previously seen on an e-commerce site is known as a user experience CRM.
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CQ
What is the term for a CRM that tracks the type of sale that is most likely to make a person purchase an item that they have previously viewed on an e-commerce site?
Variability
Product or service measurement
User experience
Product development
Now that Amazon does collect sales tax in most states, what other loopholes has Amazon found to evade other taxes?
(In depth response)
Another area in which Amazon has found another tax loophole in order to evade taxes is:
They make use of foreign based companies to receive payments from customers in another country.What is a Tax Loophole?This refers to the legal clauses which the rich people and corporations exploit in order to evade paying tax or paying as much as other people.
One tax loophole which is being used by Amazon to evade tax is the use of foreign based companies to receive payments from customers in another country and bypass HMRC.
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which "quality of service" dimension would you be assessing when asking the question, "how pleasing is the appearance of the physical facilities, equipment, personnel, and communication materials?"
Tangibles The "quality of service" dimension would be evaluated when the inquiry is posed.
The required details for Tangibles in given paragraph
You can physically touch something tangible. A rock is tangible, just like a shattered window is; if the rock is adjacent to the window, it can be tangible vandalism proof. When we remark that the tension in a room is tangible, we imply that we can almost physically feel it.
A tangible good is a physical item that you stock and ship to your customer, as the name suggests. A service is something you provide that isn't a tangible or digital good, like consulting or project labor.
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what is the relative change in a price-weighted index? enter your answer as a decimal number or with the percentage sign.
A price-weighted index is a stock index in which the proportion of each firm's share price in the overall index is based on the share price per business.
How does the price-weighted index work?
Even if the percentage change for the latter is much larger than that of the higher-priced stock, in a price-weighted index, a stock's increase from $10 to $20 will have the same impact on the index as a stock's increase from $110 to $120. Stocks with higher prices have a bigger impact on the direction of the index or basket as a whole. Finding the total share prices of the different companies and dividing them by the total number of companies yields the value of a basic price-weighted index. In certain averages, this divisor is changed to ensure consistency in the event of stock splits or modifications to the index's list of constituent businesses.
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Which of the following is NOT a key tenant of an SRM system? a. Integration b. Visibility c. Lean operations d. Automation
There are different kinds of system. The option that is not a key tenant of an SRM system is Lean operations.
What is Supplier relationship management (SRM)?This is known to be a form of systematic method to looking into vendors that supply one's company with goods, materials and services.
This is done by finding out each supplier's strategic value and developing a supplier scorecard using their contribution to one's success. Lean operations is not one of the method used.
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Which sequence of HACCP principles is in the correct order?
A.
Establish critical limits for each CCP, conduct a hazard analysis, and establish corrective actions.
B.
Conduct a hazard analysis, identify CCPs, and establish critical limits for each CCP.
C.
Establish record-keeping procedures, establish corrective actions, and establish CCP monitoring requirements.
D.
Establish CCP monitoring requirements, conduct a hazard analysis, and identify CCPs.
E.
Conduct a hazard analysis, identify CCPs, and establish CCP monitoring requirements.
Answer:
B
Explanation:
Hazard analysis of critical control point (HACCP) is a process of identifying and assessing risks alongside the biological , physical and chemical hazards associated with food production .
The sequence of the first three of the seven principles are
1. Conduct hazard analysis to determine potential risks related to food protection
2. Identify the critical control point (CCP) which addresses controlling identified hazards that are mostly likely to cause injury to health
3. Establishing critical limits for each CCP , which is the highest or lowest level a biological ,physical or chemical parameter must be controlled to prevent or minimize hazards.
Answer:
B. Conduct a hazard analysis, identify CCPs, and establish critical limits for each CCP
Explanation:
What was in the sealed box from the Virginia Company in England that the settlers
A opened once they arrived?
B guns and weapons for protection from Indians
C gold
D the names of the seven men who would be the leaders
E a map that showed where the gold was
Answer:
B
Explanation:
Answer:
The Virginia Company sent a list of seven qualified men who could serve on a council and be the leaders. The company leaders did this because they knew the men would have a hard time agreeing on who should be the leaders.
Explanation:
Which of the following would be an example of a WANT?
Two years ago, Elena purchased a condo. She has made some improvements on it, which increased the value of the property. Property tax in her community is 1.25%. This table shows the value of Elena’s condo over the last three years. Value of property at purchase Value of property last year Value of property today $187,200 $188,550 $190,000 What can she expect to pay in property tax this year? $2,340.00 $2,356.88 $2,375.00 $2,382.88
Answer:B
Explanation:
What is the Racial Wealth Gap?
Explanation:
the racial wealth gap in the United States is the disparity in median wealth between the different races . This gap is most pronounced between whitehouseholds and racia minorities
Strategic alliances are more likely to be long lasting-when Group of answer choices both partners are experienced with strategic alliances and routinely enter into collaborative agreements with firms in peripheral industries. the alliance involves partners based in countries with distinctly different cultures and consumer buying habits and preferences. each partner has considerable resource weaknesses in the marketplace. they involve collaboration with suppliers or distribution allies or when both parties conclude that continued collaboration is in their mutual interests. the alliance involves joining forces in R
Answer:
they involve collaboration with suppliers or distribution allies or when both parties conclude that continued collaboration is in their mutual interests.
Explanation:
A partnership can be defined as a type of business ownership in which two or more individuals come together to start up a business and share the profits made together.
Basically, there must be mutual understanding and assent between the parties involved in the establishment or creation of a partnership form of organization (business).
Additionally, a partnership form of business is considered to be one of the easiest type of business to start up or form once there is an agreement between two or more individuals to establish a lawful and legal business.
Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers.
The key principle of supply chain management can be best summed up as collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing, a wholesaler, and a retailer who typically sells the products to the customers or consumers.
Strategic alliances are more likely to be long-lasting when they involve collaboration with suppliers or distribution allies or when both parties conclude that continued collaboration is in their mutual interests.
Write a one to two paragraph explanation that teaches how to complete each form. Be sure to write the instructions in "plain English" versus official federal government "speak."
Describe the documents you could provide to a new employer in order to establish your identity and/or employment eligibility. Provide a list of a minimum of four documents.
Submit your paragraph explanations for completing each form and the description of the documents for establishing your identity and/or employment eligibility as the assignment for this lesson.
Answer: So so sorry but i don't know!
Explanation:Have a great day
Ms. Levebre is the president of a company that makes office supplies. She wants to sell office supplies to the federal government. Where can she find the rules and procedures for doing this?
Federal Register of Rules and Bylaws
Government Purchasing Rules
Federal Acquisition Regulations
U.S. Government Purchasing Rights
Answer:
Federal Acquisition Regulations
Explanation:
Ms. Levebre can find the rules and procedures for selling office supplies to the federal government in the Federal Acquisition Regulations (FAR). The FAR is a set of standardized guidelines that outline the process for acquiring goods and services from private businesses by the federal government. It provides information on the process for submitting bids, negotiating contracts, and fulfilling orders, as well as other important details related to doing business with the federal government.
If a stock you buy is $50 per share and pays $2 per year in total dividends;
what is the dividend yield of the stock?*
Answer:
4%
Explanation:
Dividend yield shows the dividends paid out annually as a percentage of the share market price.
The formula for calculating dividend yield is the annual dividend per share/market value per share.
Dividend yield = dividend/ market share price x 100
Dividend yield = 2/50 x 100
Dividend yield = 0.04 x 100
Dividend yield = 4%