One major advantage of pure competition compared to a monopoly is that:
A. More capital is available for research and development
B.businesses have more incentives to keep prices low
C. Economies of scale become less important
D. Consumers have to make fewer economic choices

Government ownership of most property resources is not a typical characteristic of a market system. Thus, option 'C' is the correct option.

A market system is any organized procedure that enables several market participants to supply and demand, facilitating communication and transaction between buyers and sellers. It is not simply the pricing mechanism surrounding it and enabling it to function in a social context; it is also the full system of regulation, certification, credentials, and clearing.

Some writers particularly allude to the free market system when they use the phrase "market system." Voting systems are distinct from market systems. Politicians seek voter support less frequently in a voting system, but in a market system, buyers and sellers are continuously active and unequally empowered.

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Answer:

Food-service franchise

Explanation:

A food-service franchise is a business arrangement where an established and successful restaurant allows the opening of an independent branch under its brand name. The new branch will be similar to the other existing branches in terms of appearance, products and services, operations, and pricing.

For an entrepreneur to open a food service franchise, they need to purchase a license from the franchisor. The franchise license increases the chances of success as customers are already familiar with the brand.

If Wolfgang Kitchens has always used the FIFO inventory costing method for both financial reporting and tax purposes. the journal entry at the beginning of 2024to record the change in accounting principle is: Debit, Retained earnings  $30 million, Credit Inventory $30 million.

If  cost of goods sold increase by $7 million that year in which the  cumulative net income for all years have been lower by  the amount of $23 million , The appropriate journal entry to record the transaction is :

Wolfgang Kitchens Journal entry

Debit Retained earnings  $30 million

Credit Inventory $30 million

($23 million + $7 million)

( To record the change in accounting principle)

Therefore the journal entry is Debit Retained earnings  $30 million, Credit Inventory $30 million.

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The complete question is:

Wolfgang Kitchens has always used the FIFO inventory costing method for both financial reporting and tax purposes. At the beginning of 2024, Wolfgang decided to change to the LIFO method. Net income in 2024 was correctly stated as $90 million. If the company had used LIFO in 2023, its cost of goods sold would have been higher by $7 million that year. Company accountants are able to determine that the cumulative net income for all years prior to 2023 would have been lower by $23 million if LIFO had been used all along, but have insufficient information to determine specific effects of using LIFO in 2022. Last year, Wolfgang reported the following net income amounts in its comparative income statements:

($ in millions) 2021 2022 2023

Net income $90 $92 $94

Prepare the journal entry at the beginning of 2024to record the change in accounting principle. (Ignore income taxes.)

Answer:

$636,364

Explanation:

Calculation to determine what The break-even point for Gardner Corporation for the current year is

First step is to calculate the Variable costs

Variable costs = $250,000 + $150,000 + $75,000 + $200,000

Variable costs = $675,000

Second step is to calculate the Contribution margin ratio

Contribution margin ratio = (Sales - Variable costs) / Sales

Contribution margin ratio= ($1,500,000 - $675,000) / $1,500,000

Contribution margin ratio= 0.55*100

Contribution margin ratio = 55%

Now let calculate the Break-even point

Break-even point = Fixed costs / Contribution margin ratio

Break-even point= ($100,000 + $250,000) / 0.55

Break-even point = $636,364

Therefore The break-even point (rounded to the nearest dollar) for Gardner Corporation for the current year is:$636,364

Answer:

Explanation:

the difference between a successful and an unsuccessful decision is with a successful decision you would be successful and make profit since this is the subject of business and an unsuccessful decision will make you lose profit and make you lose into Investments.  there is no luck vs skill this is all skill actually.  skill has to do with this because you need to have certain experience in a certain thing to be having a successful decision.  

a) The minimum production lot size is 884 units,

b) The number of production runs per year is 10 runs.

c) The cycle time is 30 days (10 x 3)

d) The length of a production run is 3 days.

e) The Maximum inventory is 653 units.

f) The total annual cost is $1,523,180.

g) The Reorder point is 99 units (33 x 3).

The production lot size model is the same as the economic order quantity model, which is given as the EOQ = square root of: [2(setup costs)(demand rate)] / holding costs

The model shows the production lot size that minimizes total costs.

Annual demand = 9,200 units

Unit product cost = $165

Holding cost = $9.90 ($165 x 6%)

Setup costs = $420

Annual production capacity = 16,000 units

Working days per year = 280 days

Lead time for a production run = 3 days

EOQ = square root of: (2 x $420 x 9,200)/$9.90

= square root of 780,606

= 884 units

Production runs per year = 10 (9,200/884)

Daily demand = 33 units (9,200/280)

Total annual cost = ($165 x 9,200 + 99 x $9.90 + $420 x 10)

= $1,523,180 ($1,518,000 + $980. + $4,200)

Maximum inventory = Reordering Level + Reorder Quantity – (Minimum Consumption x Reorder period)

= 99 + 884 – (33 x 10)

= 653 units

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Answer:

The advice should not be taken, as it is a rush to judgement, which could mean that the wrong solution is used, wasting time and resources. You should ask the colleague to employ critical thinking. Critical thinking is sustained suspension of judgement with an awareness of multiple perspectives and alternatives. It involves at least four elements:

•Maintaining doubt and suspending judgement

•Being aware of different perspectives

•Testing alternatives and letting experience guide

•Being aware of organizational and personal limitations

The impact of the change in the value of the bond, given the bond face value and the maturity, is C: The bond selling price is $982.64 when interest rate decrease to 10% and $835.07 when maturity increases to 3.

The likelihood that inflation may increase quickly at some point and drop a bond's price increases with the bond's maturity. In order to draw purchasers who would otherwise be concerned about rising inflation, bonds with a long maturity must provide slightly higher interest rates.

Interest rates and bond prices are inversely correlated. Accordingly, bond prices decrease as interest rates rise and increase when interest rates fall.

Using a bond value calculator, when the interest of the bond decreases to 10 %, then the value of the bond would become $ 982. 64. Using that same bond value calculator, the value of the bond would be $ 835.07 if the maturity was to increase to 3.

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Answer:

Use a consistent font throughout the document.

Explanation:

using too many different fonts can make the document look messy and unprofessional.

Answer:

[Your Name]

[Your Position]

[Date]

Subject: Insights from our Survey - A Window into the Lives of our Valued Customers

Dear [CEO's Name],

I hope this message finds you well. I wanted to take a moment to share some fascinating insights from the recent survey we conducted among our cherished customer base. To make the data more relatable and easier to grasp, I have transformed the findings into a series of engaging visualizations. These visuals not only bring the data to life but also allow us to truly connect with our customers on a human level. Let's dive into the story behind each visualization and explore why these visual representations are crucial in understanding our customers.

Chart 1: Income Categories - Reflecting the Lives of our Customers

This insightful chart provides a glimpse into the diverse income categories of our survey respondents. As you observe the bars rise and fall, you can visualize the financial landscapes our customers navigate. From the bustling middle-income group, representing 29% of respondents, to the resilient individuals in the $75,000 to $99,999 range, accounting for 21% of participants, we gain an intimate understanding of the financial tapestry that influences their decisions.

By presenting this information in such a humanized manner, we can empathize with the varying needs and aspirations of our customers. This visualization guides us in tailoring our products and services to better address the unique challenges and aspirations of each income segment.

Chart 2: Gender Distribution - Celebrating Diversity and Inclusion

This delightful pie chart celebrates the diversity among our survey participants by highlighting their gender identities. As you glance at the vibrant slices, you witness the vibrant mosaic of our customer base. With 54% of respondents identifying as female and 46% as male, we recognize the importance of inclusivity and strive to ensure our products and services cater to the needs and desires of all genders.

Visualizations like this one allow us to see the human faces behind the data. It reminds us to embrace diversity and equality in our business operations, ensuring that every customer feels heard and valued.

Chart 3: Question Responses - Unveiling Our Customers' Voices

Within this insightful bar chart, we uncover the authentic voices of our customers through their responses to a specific question. The bars rise and fall, revealing the choices they made and their preferences. The most popular response, "5," chosen by 28% of participants, demonstrates the collective sentiment that echoes among our customers. As we observe the varying heights of each bar, we gain a deeper understanding of their thoughts and desires.

Visualizations like this empower us to hear our customers' voices loud and clear. By listening attentively to their responses, we can make informed decisions that resonate with their needs, aspirations, and desires.

In summary, these captivating visualizations humanize our survey data, enabling us to truly connect with our customers and gain invaluable insights. By considering the stories behind each chart, we ensure that our strategies, products, and services align with their lived experiences. Together, we can build lasting relationships, foster inclusivity, and deliver the exceptional experiences our customers deserve.

Thank you for your time and attention. Should you have any questions or require further information, please don't hesitate to reach out.

Warm regards,

[Your Name]

[Your Position]

Explanation:

In this situation, the most appropriate course of action for the associate would be to choose option B: Approach them and ask, "Can I help answer any questions?"

In this situation, the most appropriate course of action for the associate would be to choose option B: Approach them and ask, "Can I help answer any questions?" By approaching the new hire and offering assistance, the associate demonstrates teamwork and a willingness to support colleagues. This approach allows the new hire to handle the customer interaction directly, gain experience, and build confidence. However, the associate's presence and offer to help signal that they are available to step in if needed. Interrupting the interaction completely, as in option A, may undermine the new hire's ability to learn and handle customer inquiries independently. It is essential to strike a balance between providing support and allowing the new hire to develop their skills. Option C, alerting the manager, should be reserved for situations where the new hire is struggling consistently or if the customer's concerns are not being addressed. It is generally more effective to offer immediate assistance before involving higher-level management. Option D, watching without interrupting and advising the new hire afterward, misses the opportunity to salvage the customer's experience in real-time. Addressing the customer's concerns promptly and preventing them from leaving is crucial for maintaining customer satisfaction and loyalty. In summary, approaching the new hire and offering assistance while the customer is still present (option B) strikes a balance between supporting the new hire and ensuring a positive customer experience.

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Answer:

hey

Explanation:

Answer:

what's the data?,so I can answer the question.

Answer:

Wilderness Travel Service

a. WILDERNESS TRAVEL SERVICE

Income Statement for the year ended April 30, 2018:

Fees earned                                    875,000

Miscellaneous expense 15,000

Rent expense                75,000

Supplies expense          12,000

Taxes expense              10,000

Utilities expense           38,000

Wages expense         525,000      675,000

Net Income                                   $200,000

Retained Earnings, May 1, 2017   $145,000

b. WILDERNESS TRAVEL SERVICE

Retained Earnings Statement for the year ended April 30, 2018:

Retained Earnings, May 1, 2017     $145,000

Dividends                                          (40,000)

Retained Earnings, May 1, 2018   $305,000

c. WILDERNESS TRAVEL SERVICE

Balance Sheet for the year ended April 30, 2018:

Assets:

Cash                                           $146,000

Accounts receivable                    210,000

Supplies                                           9,000

Total assets                               $365,000

Liabilities + Equity:

Accounts payable                       $25,000

Common stock             35,000

Retained Earnings     305,000  340,000

Total Liabilities + Equity           $365,000

Explanation:

a) Data:

Accounts payable                         $25,000

Accounts receivable    210,000

Cash                             146,000

Common stock                               35,000

Fees earned                                 875,000

Miscellaneous expense 15,000

Rent expense                75,000

Supplies                           9,000

Supplies expense          12,000

Taxes expense              10,000

Utilities expense           38,000

Wages expense         525,000

Retained Earnings, May 1, 2017      145,000

Dividends                     40,000

b) Wilderness Travel Service's Income Statement shows the difference between revenue and expenses, called the net income.  The statement of retained earnings shows the movement in the retained earnings from one period to the next.  And the balance sheet shows the assets and liabilities, including the equity of the company.

i) Using simple interest, if the deposits were made at the beginning of every six months, the ending (future value) would be K127,500.

ii) Using simple interest, if the deposits were made at the end of every six months, the ending (future value) would be K122,500.

iii) Using compounded interest, if the deposits were made at the beginning of every six months, the ending (future value) would be K132,067.87.

iv) Using compounded interest, if the deposits were made at the end of every six months, the ending (future value) would be K125,778.93.

The difference between simple interest and compound interest is that simple interest is only based on the principal.

On the other hand, compound interest computes interest on both the principal and accumulated interest.

Period  Principal     Interest      Balance

1            K10,000       K500      K10,500 (K10,000 + K500)

2            20,000       1,000        21,500 (K10,500 + K10,000 + K1,000)

3            30,000       1,500       33,000

4            40,000      2,000      45,000

5            50,000     2,500       57,500

6            60,000     3,000       70,500

7            70,000     3,500       84,000

8            80,000    4,000       98,000

9           90,000     4,500      112,500

10        100,000     5,000     127,500

Period  Principal     Interest      Balance

1            K10,000       K0           K10,000

2            20,000       500        20,500 (K10,000 + K10,000 + K500)

3            30,000       1,000       31,500

4            40,000       1,500      43,000

5            50,000     2,000      55,000

6            60,000     2,500      67,500

7            70,000     3,000       80,500

8            80,000    3,500       94,000

9           90,000     4,000     108,000

10        100,000     4,500     122,500

N (# of periods) = 10 (5 x 2)

I/Y (Interest per year) = 10%

PV (Present Value) = K0

PMT (Periodic Payment) = K10,000

Results:

FV = K125,778.93

Sum of all periodic deposits = K100,000 (K10,000 x 2 x 5)

Total Interest = K25,778.93

N (# of periods) = 10 (5 x 2)

I/Y (Interest per year) = 10%

PV (Present Value) = K0

PMT (Periodic Payment) = K10,000

Results:

FV = $132,067.87

Sum of all periodic deposits = K100,000 (K10,000 x 2 x 5)

Total Interest = K32,067.87

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The legal affairs attorney working at AMD would most likely occupy an in-house counsel position.

An in-house counsel is a lawyer who is employed by a company or organization to provide legal advice and representation on a range of legal issues related to the company's operations, contracts, intellectual property, compliance, and litigation.

The role of an in-house counsel is to ensure that the company's actions and policies comply with relevant laws and regulations and to represent the company in legal proceedings when necessary. The in-house counsel works closely with the company's executives and employees to provide legal guidance and to identify and mitigate potential legal risks.

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Answer

$92.225

Explanation

Straight pay is calculated by multiplying the hourly rate by the number of hours you worked.  11.90dollars by 7.75 equals 92.225dollars.

Critics argue modern management theory is rigid, short-sighted, lacks inclusivity, and limits employee empowerment and engagement.

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Americas bank just found the minimum wage and minimum compensation for overtime-exempt workers are rising, agricultural overtime eligibility is growing, rideshare drivers are getting access to minimum trip pay.

Traveler's checks, letters of credit, etc. are distributed by banks. offering safe deposit boxes or lockers as well for the storage of valuables, important documents, and securities On behalf of its clients' continuing assurance, etc. The most important banking services are those relating to checking and savings accounts, loans and mortgages, wealth management, issuing credit and debit cards, and overdraft services.

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1. Therefore, the ROI for the project is:ROI = (TZS 1,660 million / TZS 250 million) x 100% = 664%The ROI of the project is 664%.

2. The project should be accepted as the NPV is positive and the IRR is higher than the required rate of return of 15%.

1. Payback period is defined as the duration within which the initial investment made in the project is recovered by the cash inflows that it generates. It is an important capital budgeting tool for measuring the length of time a project will take to recoup the initial investment. Payback period = Initial investment ÷ Net annual cash inflows

The initial investment made by ADUWERE is TZS 250 million.

The net annual cash inflows are calculated as:

Net annual cash inflow = Revenue from TANESCO + Additional revenue from LNG – Operating costs – Maintenance costs

Revenue from TANESCO = TZS 120 million.

Additional revenue from LNG = TZS 80 million

Operating costs = 0.20 * TZS 360 million = TZS 72 million

Maintenance costs = (250/2000)*TZS 360 million = TZS 45 million

Net annual cash inflow = TZS 83 million.

Therefore, the payback period of the project is:Payback period = TZS 250 million ÷ TZS 83 million = 3.01 years. The project has a payback period of 3.01 years. This means that the initial investment made by ADUWERE in the project will be recovered within 3.01 years. Since the useful life of the pipeline is 20 years, this indicates that the project is acceptable.

ROI = (Total net cash inflow / Initial investment) x 100%The total net cash inflow for the project is calculated as:

Total net cash inflow = Net annual cash inflow x Useful life

Total net cash inflow = TZS 83 million x 20 = TZS 1,660 million

Therefore, the ROI for the project is:ROI = (TZS 1,660 million / TZS 250 million) x 100% = 664%.

The ROI of the project is 664%. This indicates that the project is acceptable as the ROI is higher than the required rate of return of 15%.2. Net Present Value (NPV) is the difference between the present value of cash inflows and the present value of cash outflows. NPV = ∑ (Cash inflows / (1 + r)t) – Initial investment

Where,r = Required rate of returnt = Time periodThe NPV of the project is:NPV = (TZS 83 million / (1 + 0.15)1) + (TZS 83 million / (1 + 0.15)2) + … + (TZS 83 million / (1 + 0.15)20) – TZS 250 millionNPV = TZS 505.6 millionIRR or Internal Rate of Return is defined as the rate at which the net present value of the cash inflows is equal to the net present value of cash outflows.

In other words, it is the discount rate that equates the present value of cash inflows with the present value of cash outflows. The IRR of the project can be determined by trial and error method or by using Excel’s IRR function.Using Excel’s IRR function, we get IRR = 47.95%The project should be accepted as the NPV is positive and the IRR is higher than the required rate of return of 15%.

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Answer:

$74,000

Explanation:

Calculation to determine the taxpayer’s adjusted gross income for the year

Taxpayer’s adjusted gross income=Net loss from Partnership B+Capital gain from sale of stock

Let plug in the formula

Taxpayer’s adjusted gross income=$70,000+ $4,000

Taxpayer’s adjusted gross income=$74,000

Therefore the taxpayer’s adjusted gross income for the year is $74,000

Answer:

Hmm.

Explanation:

Checks and Balances mean the principle of government under which separate branches are empowered to prevent actions by other branches and are induced to share power.

We have them so the government can limit the powers of the other branches.

The teen entrepreneur are young people the age of 13 to 18.

This business is successful because it is useful for the community, solves their problems.

* The teens prepare for entrepreneurship by looking for solutions for people, requirements to start a business, get financially help from family etc.

* They got startup money from selling service to get paid, Crowdsourcing through Kickstarter could be an option, while parents and friends might help, too.

* The motivation for starting a business was too overall help their community.

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It is TRUE to state that "online gaming system with absolutely no physical presence in the presence in the Philippines can be considered as "doing business"

The Securities and Exchange Commission - SEC stated various criteria to support the corporation's presence in the Philippines:

1) establishment of the online account takes place in the Philippines;

2) Access is granted by users in the Philippines;

3) The material is paid for using local credit cards from within the Philippines; and

4) The web material is delivered in the Philippines. The IP address in the Philippines gets the offer of services, transmits the acceptance of the offer to the virtual plane, and lastly, the content or service is delivered to the account holder's IP address in the Philippines via such virtual plane.

As a result, "the transactions will be executed in the Philippines," according to the SEC.

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Interviews, surveys, and observation are considered primary sources, whereas publications, magazines, and newspapers are considered secondary sources of market research.

Primary sources of market research involve gathering data from the source itself, such as interviews, surveys, and observation. Interviews are conversations with a small group or individual to gain information, surveys are questionnaires distributed to a larger group, and observation is the act of simply watching people, their behaviors, and interactions.

Secondary sources of market research involve collecting data from sources that have already gathered and analyzed the data. This includes publications, magazines, and newspapers. Secondary sources are a great place to start when gathering market research, as they often contain valuable information that can be used to build on and refine the primary research.

Additionally, they can be a great way to spot trends or to get an idea of what the market looks like before beginning primary research.

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Answer: $1.58

Explanation:

Earnings per share is the amount of a company's earnings that is available to the common shareholders.

Formula is;

Earnings per share = (Net Income - Preferred dividends) / Weighted average common share outstanding

= (585,000 - 111,000) / 300,000

= $1.58