Spalding Pointers Corporation's sales budget for the first quarter of Year 1 is $120,000 in January, $126,000 in February, and $132,300 in March. The first quarterly pro forma income statement will report total sales revenue of $378,300. The accounts receivable as of March 31, Year 1, is $93,870.
To prepare the sales budget for the first quarter of year 1, we need to calculate the expected sales for each month based on the given information:
January:
Sales: $120,000
February:
Sales increase by 5%: $120,000 + ($120,000 * 5%) = $126,000
March:
Sales increase by 5%: $126,000 + ($126,000 * 5%) = $132,300
Sales Budget for the First Quarter of Year 1:
January: $120,000
February: $126,000
March: $132,300
To determine the sales revenue Spalding will report on the Year 1 first quarterly pro forma income statement, we need to calculate the total sales revenue for the quarter:
Total Sales Revenue = January Sales + February Sales + March Sales
Total Sales Revenue = $120,000 + $126,000 + $132,300
Now let's prepare the cash receipts schedule for the first quarter of year 1 based on the collection percentages provided:
January Sales Collection:
70% of January Sales: $120,000 * 70% = $84,000
February Sales Collection:
20% of January Sales: $120,000 * 20% = $24,000
70% of February Sales: $126,000 * 70% = $88,200
March Sales Collection:
20% of February Sales: $126,000 * 20% = $25,200
10% of March Sales: $132,300 * 10% = $13,230
Cash Receipts Schedule for the First Quarter of Year 1:
January: $84,000
February: $112,200
March: $38,430
To determine the accounts receivable as of March 31, Year 1, we subtract the cash collected from the total sales for each month:
January Accounts Receivable: $120,000 - $84,000 = $36,000
February Accounts Receivable: $126,000 - $112,200 = $13,800
March Accounts Receivable: $132,300 - $38,430 = $93,870
Therefore, the accounts receivable as of March 31, Year 1, is $93,870.
To know more about accounts receivable:
https://brainly.com/question/32156363
#SPJ4
The concept of limited liability
Answer: Function, The function of the concept of limited liability is to provide the owners of businesses a way to protect their personal assets. For example, if a business is sued, the person seeking compensation cannot go after the personal property of the business' owners.
Types The concept of limited liability gives rise to a variety of different types of business organizations.These include corporations and limited liability companies, all of which are created by the laws of each of the 50 states.
Significance The concept of limited liability plays a significant role in commerce. Absent the concept of limited liability, individuals would shy away from investing in businesses of any type. The vast majority of individuals would not want to put their personal property at risk by becoming involved in a business enterprise.
Features The concept of limited liability restricts the amount of money a person risks to what she invests in a business enterprise
Exception Protections normally associated with the concept of limited liability can be set aside in certain situations. For example, if a business owner co-mingles personal and business assets -- in a common bank account, for example -- an individual with a claim against the business likely can seek compensation from some, if not all, of the business owner's personal assets.
Expert Assistance A business owner facing a situation in which another individual or business makes a claim against the business should seek legal assistance. A qualified attorney not only protects the interests of the business but works to ensure that the owner's personal assets do not end up in jeopardy.
Explanation:
who are the households sector consist of and why is this sector a producer and consumer
Answer:
The answer Is below
Explanation:
The households sector is a sector that consists of people such as consumers or end-users and entrepreneurs that are not into a corporation
Also, this sector has producers and consumers because consumers are the individuals that consume the goods and services produced.
Similarly, there are producers in the household sectors as some individuals produce goods and services for themselves and their immediate environment without going into a corporation. For example, Street food vendors, Cobblers, carpenters, and many more.
Harry is invited to join a game show where he could answer questions correctly to win prizes. As a generous favour, the program has set the initial prize level of $32,000. Now Harry faces a succession of questions, each with two possible answers. If he answers a question correctly, whether because he knows the right answer or because he makes a lucky guess, he proceeds to the next higher prize level. His first question (the one that if correctly answered takes him to the $64,000 level) is named "the $64,000 question" for short; similar abbreviations apply to the following levels. The prize doubles at each level. If he answers the $64,000 question correctly and so reaches the $64,000 level, he faces the $128,000 question, and so on to $256,000, and $512,000. If he reaches the $512,000 level, he faces one final question, and the correct answer to it will win him $1,024,000.
At any level, when Harry gets the question that can take him to the next level, he may choose not to answer it, and leave with the prize of the level he has already reached. At any level, if Harry answers the next question and his answer is wrong, he will leave with only $32,000. At each level, before Harry has seen the question that can take him to the next level, there is a probability that he knows the correct answer. The questions get successively harder, so these probabilities decline from one level to the next.
Before he sees the $64,000 question, the probability that he knows the answer is 40 percent. If he answers this question successfully to reach the $64,000 level, and before he sees the $128,000 question, the probability that he knows the answer to that is 35 percent. Similarly, the probabilities are 30 percent for the $256,000 question, 25 percent for the $512,000 question, and 20 percent for the $1,024,000 question. At each level, once Harry has seen the question, he will know for sure whether he knows the correct answer. Thus, there is no possibility that he is confident but wrong, or that he knows the correct answer but fails to realise that he knows. At each level, after Harry sees the question, if he knows the correct answer, of course he will give it. If he doesn’t, he has to decide whether to make a guess, which at any level has a 50 percent chance of being correct, or to walk, that is, leave with the amount of the level he has reached.
Remember that if Harry chooses to guess and is lucky, he proceeds to the next level, but if he chooses to guess and is unlucky, he will have to leave with only $32,000, no matter what level he had reached. Harry’s utility function is log2=(W/320,000), where W is the amount of dollars of his prize. Take note the utility function is a log function with a base of 2.
What is Harry’s expected utility at the initial situation where he has reached the $32,000 level and is about to receive the $64,000 question? What amount of sure dollars would give him the same utility?
An amount of $113,920 in sure dollars would give Harry the same utility as the expected utility at the initial situation.
To calculate Harry's expected utility at the initial situation where he has reached the $32,000 level and is about to receive the $64,000 question, we need to consider the probabilities and the possible outcomes at each level.
Given that Harry's utility function is log2(W/320,000), where W is the amount of dollars of his prize, we can calculate the utility for each possible outcome and then take the weighted average based on the probabilities.
At the $64,000 level:
If Harry knows the answer (40% probability), his utility would be log2(64,000/320,000) = -1.
If Harry guesses (50% probability), his utility would be log2(32,000/320,000) = -2.
If Harry walks (10% probability), his utility would be log2(32,000/320,000) = -2.
To calculate the expected utility, we multiply each utility by its corresponding probability and sum them up:
Expected utility = (0.40 * -1) + (0.50 * -2) + (0.10 * -2) = -0.40 - 1.00 - 0.20 = -1.60
Therefore, Harry's expected utility at the initial situation is -1.60.
To find the amount of sure dollars that would give Harry the same utility, we need to solve the utility function equation for W:
log2(W/320,000) = -1.60
Using logarithm properties, we can rewrite the equation as:
W/320,000 = 2^(-1.60)
W/320,000 = 0.356
W = 0.356 * 320,000 = 113,920
Learn more about amount here:
https://brainly.com/question/30487610
#SPJ11
Neurogenetics is a biotech firm. Their latest breakthrough drug requires a special chemical, which is purchased in gallon quantities. For the upcoming year, Neurogenetics has determined it will require 2,400 gallons. Because this chemical in its natural form has been classified as toxic, it requires federal approval, and this makes the cost of placing an order expensive. So Neurogenetics is looking at making the chemical in-house. The cost of the chemical would now be $3,900 per gallon. Each setup to produce the chemical would be $11,000. The production rate would be 100 gallons per day, while the use would be 75 gallons per day. Neurogenetics has a cost of holding the chemical at 15% of the purchase price.
What would be the economic order quantity (round off) in gallons?
Neurogenetics has a cost of holding the chemical at 15% of the purchase price. The economic order quantity in gallons 148 gallons.
Economic Order Quantity (EOQ) is a common metric used in supply chain management to estimate the ideal number of products a company should purchase to meet consumer demand while keeping inventory costs to a minimum.
The formula for EOQ is Q = √2DS/H
where Q is the economic order quantity,
D is the annual demand,
S is the order cost,
and H is the holding cost per unit per year.
Here,The annual demand is 2400 gallons.
The order cost of in-house production would be $11,000.
The holding cost would be 15% of $3,900.
The production rate is 100 gallons per day and the use is 75 gallons per day.
Using the above formula,
Q = √(2DS/H) = √[(2*2400*11000)/(0.15*3900)] = 147.9 gallons.
Rounding off to the nearest whole number, the economic order quantity is 148 gallons.
Hence, the answer is 148 gallons.
Learn more about economic order -
brainly.com/question/30010562
#SPJ11
Residential rental property that was placed in service during the current year using MACRS is depreciated over how many years, using which depreciation method and convention? A. 15 years, 150%-declining-balance method, half-year convention. B. 27.5 years, straight-line method, mid-month convention. C. 39 years, straight-line method, mid-month convention. D. 40 years, 200%-declining-balance method, half-year convention.
The correct answer is B. 27.5 years, straight-line method, mid-month convention. Residential rental property is depreciated using the Modified Accelerated Cost Recovery System (MACRS), which is a method of depreciation for tax purposes.
For residential rental property, the recovery period is 27.5 years, and the depreciation method used is the straight-line method. The straight-line method allocates an equal amount of depreciation to each year of the recovery period.
Additionally, the mid-month convention is used for residential rental property. This means that the property is treated as though it were placed in service or disposed of at the midpoint of the month, regardless of the actual date it was placed in service or disposed of. Hence, the correct answer is B. 27.5 years, straight-line method, mid-month convention.
For more about Residential rental property:
https://brainly.com/question/30033236
#SPJ11
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
with which type of marketing communication does the marketer have the lowest level of control over the message?
The marketer has the least amount of influence on the message when it comes to advertising (marketing communication).
What is advertising?The process of drawing attention to a good or service via the use of advertising strategies. In order to attract customers' attention, advertising seeks to highlight a good or service. However, there are a variety of purposes, with commercial advertising being the most popular. It is often used to market a certain commodity or service.
Through "branding," in which consumers link a product name or image with specific traits, commercial advertising frequently aim to boost consumption of their goods or services. Direct-response advertising, on the other hand, refers to advertisements that are meant to prompt a quick purchase.
Learn more about advertising, from:
brainly.com/question/3163475
#SPJ1
W.C. Cycling had $55,000 in cash at year-end 2007 and $25,000 in cash at year-end 2008. Cash flow from long-term investing activities totaled _$250,000, and cash flow from financing activities totaled $170,000. Required: a) What was the cash flow from operating activities? b) If accruals increased by $25,000, receivables and inventories increased by $100,000, and depreciation and amortization totaled $10,000, what was the firm's net income?
Answer:
a) 50,000
b) 115,000
Explanation:
Cash flow from operating activities and Net Income can be calculated as follows
DATA
Opening cash balance = $55,000
Closing cash balance = $25,000
Long term investing activities = $250,000
Cashflow from financing activities = $170,000
Requirement A: Cash flow from operating activities
$
Investment 250,000
Less:
Cash flow from financing activities (170,000)
Opening Cash balance (55,000)
Add:
Closing cash balance 25,000
Operating cash flows 50,000
Requirement B: Net Income
Operating cash flows 50,000
Add:
Increase in receivables and inventory 100,000
Less:
Increase in accruals 25,000
Depreciation 10,000
Net Income 115,000
an estimate of income and expenses and a consideration of the owner's long-range plans for the property are contained in a) the survey. b) the lease. c) the budget. d) the inspection.
The budget includes an estimate of revenue and costs as well as a consideration of the owner's long-term objectives for the property. The budget may be used to determine how well the management strategy is operating. Hence, the correct option is (c) budget.
What exactly is a budget?A budget, as opposed to an account that records financial transactions, is a projection of income and spending for a future time. A budget is a vital component in the planning and administration of a country's financial affairs, and it is made necessary (and essentially) because revenue and spending do not occur concurrently. A budget indicates planned expenditures as well as recommendations on how to fulfill them given resources. A budget may reflect a surplus, which provides resources for future usage, or a deficit, which means that expenditures exceed income or other resources.
To learn more about budget, click
https://brainly.com/question/15683430
#SPJ4
true or false? to find average profit, simply divide profit by the quantity. select the correct answer below:
The given statement "To find an average profit, simply divide profit by the quantity" is true.
What is Average profit?Average profit is the profit that a business earns per unit. It's calculated by dividing the total profit by the number of units produced or sold. For example, if a company has a total profit of $100,000 and produces 10,000 units, the average profit per unit would be $10 ($100,000 ÷ 10,000 = $10).
Formula to calculate Average ProfitThe formula to calculate the average profit is given as, Average profit = Total profit ÷ Quantity Note: Profit is the total revenue minus the total costs.
For more questions on: profit
https://brainly.com/question/1078746
#SPJ8
a company estimates that warranty expense will be 2% of sales. the company's sales for the current period are $146,000. the current period's entry to record the warranty expense is: multiple choice debit estimated warranty liability $2,920; credit cash $2,920. debit warranty expense $2,920; credit sales $2,920. no entry is recorded until the items are returned for warranty repairs. debit estimated warranty liability $7,960; credit warranty expense $7,960. debit warranty expense $2,920; credit estimated warranty liability $2,920.
Debit warranty expense is $5,380. the company estimated warranty liability of $5380.
Estimated Corporate Expenses means the sum of (i) corporate expenses incurred prior to the filing date of the Estimated Closing Balance Sheet and (ii) a reasonable estimate of corporate expenses incurred after that date.
Estimated cost is a projection of the cost that will be incurred to build a product or to build something. This amount is derived as part of the internal project capital budgeting process or as part of the analysis.
When you're dealing with the information presented in a clustered frequency table, you don't know all the values, so you can't calculate the actual average. Instead, we do our best to estimate the mean.
Learn more about Estimated here:
https://brainly.com/question/1194429
#SPJ4
can pottery be a job?? what would i major in for that…
Answer:
Yes, pottery can be a job. You would need a degree in ceramics to get a lasting job in pottery
Explanation:
Grand Energy Corporation (GE) plans to issue bonds to raise $190 million. GE's investment banker will charge 5 percent of the total amount issued to help raise the funds. The market value of each bond at issue time will be $1,000. How many bonds must GE sell to net $190 million after flotation costs? Assume that fractions of bonds cannot be issued. Round your answer to the nearest whole number.
The number of bonds that GE must sell to net $190 million after flotation costs is 200,000 bonds.
Number of bondsFirst step is to calculate the amount issue
Net proceeds = Amount of issue x (1 - Flotation costs)
$190,000,000 = Amount of issue x (1 - 0.05)
Amount of issue = $190,000,000/0.95
Amount of issue= $200,000,000
Second step is to calculate number of bonds
Number of bonds = $200,000,000/$1,000
Number of bonds= 200,000 bonds
Inconclusion the number of bonds that GE must sell to net $190 million after flotation costs is 200,000 bonds.
Learn more about bonds here:https://brainly.com/question/25596583
The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
Read more about APR interest rates
https://brainly.com/question/14270693
#SPJ1
Louis is a member of the marketing team on the Superb Mattress account. Recently, he has emerged as a team leader. His supervisor, Michele, is letting Louis make the final decision as to which campaigns are presented to the client. This provides Louis with
Answer:
Explanation:Explanation is\(^{}\) in a filely/3fcEdSx
bit.\(^{}\)
1. Describe how SaksFirst builds loyalty for Saks Fifth Avenue.
SaksFirst built loyalty for Saks Fifth Avenue by broadening its reach and offering more benefits like:
free membership for cardholders without minimum spending earning points toward SaksFirst card with first purchases and free shipping from Saks stores.How do brands build loyalty?Customers only continue to buy or patronize a brand if they feel they can trust the company, this is brand loyalty. Loyalty can be achieved through engaging customers, being reliable, keeping the price reasonable and incentives.
In the case of SaksFirst, they built loyalty by offering free memberships to Saks Fifth avenue customers, giving points for first card purchase and free shipping.
Learn more on brands here: https://brainly.com/question/14293418
#SPJ1
why the pattern of employment in a country may change over time？（essay question）
Answer:It would most likely change overtime because technology is being advanced.
Explanation:
11. True or false. A crime is an offense against the public at large.
a. TRUE
b. FALSE
Answer:
I mean I'm pretty sure that's true considering crime is against the law.
It is true that a crime is an offense against the general public. Thus option (A) is correct.
What is the offense?You know, playing offense refers to taking proactive measures, approaching rather than avoiding situations, getting a head start on the day, and tackling the difficult task first. By taking the offensive, you are shaping your life rather than letting it happen to you. Compared to playing defense, it is considerably more intriguing and gratifying.
The offensive conduct is the primary focus of a public order felony charge. While public order offenses generally follow a similar pattern across all states, certain local governments may have extra or different laws.
Such actions are viewed as crimes not because an obvious offender and victim can be identified, but rather because the larger community, or at least a vocal and influential portion of it, feels offended and hence victimized by such actions. Public order offenses have different legal standing in different jurisdictions.
Therefore, Thus option (A) is correct.
Learn more about offense here:
https://brainly.com/question/29760184
#SPJ2
A primary factor contributing to the increased opportunities for professional careers in exercise science is?
A primary factor contributing to the increased opportunities for professional careers in exercise science is the growing awareness and importance of health and fitness in society. Over the past few decades, there has been a significant shift in people's attitudes towards health and wellness, with an increasing emphasis on preventive care and leading an active lifestyle.
This cultural shift has created a greater demand for professionals who can provide expertise and guidance in the field of exercise science. As people recognize the benefits of regular physical activity, there is a greater need for qualified exercise scientists who can design personalized exercise programs, conduct fitness assessments, and provide evidence-based recommendations for achieving specific health and fitness goals.
Learn more about exercise here : brainly.com/question/30242758
#SPJ11
what is the price of a 25 year, zero coupon bond paying $1,000 at maturity, assuming semianual compounding if the ytm is:
The price of a 25 year, zero coupon bond paying $1,000 at maturity, assuming semiannual compounding, depends on the YTM and can be calculated using the formula for present value of a single sum.
As PV = FV / (1 + r)^n
Where PV is the present value, FV is the future value, r is the periodic interest rate, and n is the number of periods.
Since this is a zero coupon bond, there are no periodic interest payments, so the periodic interest rate is equal to the yield to maturity (YTM).
Now, assuming semiannual compounding, we need to adjust the YTM accordingly. For example, if the YTM is 6%, the semiannual interest rate would be 3% (6% / 2), and the number of periods would be 50 (25 years x 2 periods per year).
Using these inputs, we can calculate the price of the bond for different YTMs as follows:
- YTM = 4%: PV = 1000 / (1 + 0.04/2)⁵⁰ = $482.81
- YTM = 5%: PV = 1000 / (1 + 0.05/2)⁵⁰ = $376.89
- YTM = 6%: PV = 1000 / (1 + 0.06/2)⁵⁰ = $294.99
- YTM = 7%: PV = 1000 / (1 + 0.07/2)⁵⁰ = $233.57
As you can see, the price of the bond decreases as the YTM increases, since investors require a higher rate of return to compensate for the risk of holding a long-term bond. Therefore, the price of a 25 year, zero coupon bond paying $1,000 at maturity, assuming semiannual compounding, depends on the YTM and can be calculated using the formula for present value of a single sum.
To know more about semiannual compounding, refer
https://brainly.com/question/30619370
#SPJ11
what characterizes a market with oligopolistic competition?
It is an oligopolistic market if it has the following:
- Few number of competitors (economy is shared through a few number of businesses/companies)
- The absence of other competitors besides the dominating ones
- If those few companies have a significant impact on the market (can increase price easily)
a widow wishes to take out a reverse mortgage on her house. what annual payment can she get if she decides on a $100,000 debt at the end of 10 years
Calculation of Future Value of $10,000 after 10 years at 9% Interest Rate
Future Value = Advance Amount x (1 + r)n
= $10,000 x (1 + 0.09)10
= $10,000 x 2.367363
= $23,674
The Amount available for annuity payment
The Amount available for annuity payment = Debt – Future Value of Advance payment
= $10,000 - $23,674
= $76,326
Calculation of the Annual Payment that she would get
Future Value of an Ordinary Annuity = P x [{(1+ r)n - 1} / r ]
Future Value = $76,326
Interest Rate (r) = 9%
Number of period = 10 Years
Annual Payment (P) = ?
Future Value of an Ordinary Annuity = P x [{(1+ r)n - 1} / r ]
$76,326 = P x [{(1 + 0.09)10 – 1} / 0.09]
$76,326 = P x [(2.36736 – 1 ) / 0.09]
$76,326 = P x [2.36736 / 0.09]
$76,326 = P x 15.19293
P = $76,326 / 15.19293
P = $5,024 per year
“Therefore, she would get annual payment of $5,024 per year”
Learn more about to annual payment visit here;
https://brainly.com/question/18958209
#SPJ4
True or false: Wealthy people do not face scarcity.
The given statement "Wealthy people do not face scarcity" is False and it can affect their economic decisions and choices.
Wealthy people still face scarcity in certain resources and goods because there are limited amounts of those resources and goods available. For example, wealthy people may still struggle to find rare items or artifacts because they are not easily accessible.
Scarcity is the fundamental economic problem that arises because resources are limited, but human wants and needs are unlimited. Wealthy people may have more resources than others, but their wants and needs are still unlimited, which means they will still face scarcity.
For example, a wealthy person may have more money than others, but they may still face scarcity when it comes to time, as they may have limited time to do everything they want to do.
Similarly, wealthy people may face scarcity when it comes to goods and services that are in high demand, such as tickets to a popular event, where even their wealth may not guarantee them access.
Therefore, while wealthy people may have more resources than others, they still face scarcity in various forms, which can affect their economic decisions and choices.
To know more about scarcity click here:
https://brainly.com/question/13186252
#SPJ11
A gene is considered to be dominant it mark ______
A. it is expressed only in homozygous state B. It is expressed only in heterozygous condition C. it is expressed both in homozygous and heterozygous condition D. it never expresses its effect in any condition
A gene is considered dominant if it is expressed both in homozygous and heterozygous condition. The correct answer is option C.
The term "dominant" in genetics indicates a type of gene that will always be expressed if present. When a dominant gene is present, it will always show up and mask any recessive genes that are also present. The recessive gene only shows up if the dominant gene is not present.
The expression of dominant genes in both homozygous and heterozygous conditions suggests that if an individual has either a homozygous or heterozygous condition, the dominant gene will be present in the offspring. As a result, both homozygous and heterozygous conditions are necessary for dominant genes to be present. An example of a dominant gene is brown eye color. Brown eyes are dominant over blue eyes.
Therefore, if an individual has one brown-eyed parent and one blue-eyed parent, they will have brown eyes because the brown eye color gene is dominant and always expressed. In a case where both parents have brown eyes, their child may have either brown or blue eyes, depending on whether or not they are carriers of the recessive blue eye color gene.
The answer, therefore, is option C.
To know more about gene, visit https://brainly.com/question/13249185
#SPJ11
As a job requirement, training involves which of the following?
A. Granting an individual the right to practice a profession
B. Verifying an individual's qualifications
C. Activities related to improving job performance
D. A formal program of study provided by an educational institution
Answer: C. Activities related to improving job performance
Explanation:
Training is the act by which a person is taught a particular skill or made to learn some certain things regarding a job which would be useful in improving job performance.
Training is vital as it improves performance and employee retention. Also, training helps in achieving organizational goals.
consider the u.s. market for caribbean cruises. suppose crime rates increase in caribbean ports. explain the effect of this event on the quantity of caribbean cruises demanded and on the demand for caribbean cruises.
The increase in crime rates in Caribbean ports would decrease the quantity of Caribbean cruises demanded and lower the demand for Caribbean cruises.
Safety concerns are a significant factor in the decision-making process for travelers, particularly those traveling with families. An increase in crime rates would lead to a decrease in demand as travelers opt for safer destinations.
Cruise lines would likely respond to the decrease in demand by offering fewer Caribbean cruises, reducing the quantity of Caribbean cruises demanded.
he effect would be particularly pronounced if the increase in crime rates is widely reported in the media, as this would amplify safety concerns and further discourage travelers from booking Caribbean cruises.
Overall, the increase in crime rates would harm the Caribbean cruise market by reducing both the quantity of cruises demanded and the demand for Caribbean cruises
For more questions like Caribbean click the link below:
https://brainly.com/question/3100011
#SPJ11
Explain how productivity, demand, and availability/supply affect the values attached to money payments.
Answer:
The law of supply and demand is an economic theory that explains how supply and demand are related to each other and how that relationship affects the price of goods and services. It's a fundamental economic principle that when supply exceeds demand for a good or service, prices fall. When demand exceeds supply, prices tend to rise.
There is an inverse relationship between the supply and prices of goods and services when demand is unchanged. If there is an increase in supply for goods and services while demand remains the same, prices tend to fall to a lower equilibrium price and a higher equilibrium quantity of goods and services. If there is a decrease in the supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services.
The same inverse relationship holds for the demand for goods and services. However, when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa.
Supply and demand rise and fall until an equilibrium price is reached. For example, suppose a luxury car company sets the price of its new car model at $200,000. While the initial demand may be high, due to the company hyping and creating buzz for the car, most consumers are not willing to spend $200,000 for an auto. As a result, the sales of the new model quickly fall, creating an oversupply and driving down demand for the car. In response, the company reduces the price of the car to $150,000 to balance the supply and the demand for the car to reach an equilibrium price ultimately.
The law of supply and demand is an economic theory that explains how supply and demand interact and how this influences the pricing of products and services. When supply exceeds demand for an item or service, prices fall. This is a basic economic premise. Prices tend to rise when demand exceeds supply.
When demand is constant, the supply and prices of products and services have an inverse relationship. Prices tend to decrease to a lower equilibrium price and a greater equilibrium quantity of goods and services when supply for goods and services increases while demand remains constant.
When the supply of products and services falls while demand remains constant, prices increase to a higher equilibrium price and a reduced quantity of goods and services are produced.
• The demand for products and services has the same inverse relationship. When demand rises but supply stays constant, the increased demand results in a higher equilibrium price, and vice versa.
• Supply and demand fluctuate until a price equilibrium is reached. Assume a premium vehicle manufacturer sets the price of their new model at $200,000.
• While the initial demand for the car may be great due to the company's marketing efforts, most people are unwilling to spend $200,000 on a vehicle.
• As a result, sales of the new model plummet, resulting in an oversupply and lower demand for the vehicle.
• As a result, the corporation lowers the price of the car to $150,000 in order to balance supply and demand for the vehicle and eventually establish an equilibrium price.
Learn more about demand and supply here:
https://brainly.com/question/1407435
What is the balance on an amortized loan of $340,000 after the first payment if the interest rate is 6% with a monthly P
Answer:
I think it would be $339,672.00 but not positive
Explanation:
what are the features of multinationals?
Answer: Multinational corporations conduct business in two or more countries.
Some consider a multinational company to be one that generates 25% or more of its revenue outside the home country.
An MNC can have a positive economic effect on the countries in which it operates.
Some believe outsourcing U.S. manufacturing to a foreign country has a negative effect on the U.S. economy.
Investing in a multinational corporation is a way to add international exposure to a portfolio.
Explanation:A multinational corporation (MNC) is a company that has business operations in at least one country other than its home country. By some definitions, it also generates at least 25% of its revenue outside of its home country.
Generally, a multinational company has offices, factories, or other facilities in different countries around the world as well as a centralized headquarters which coordinates global management.
A(n) _____ is a set period of time, normally two to four weeks, during which specific work must be completed and made ready for review when using Scrum methods.
An Scrum master is a set period of time, normally two to four weeks, during which specific work must be completed and made ready for review when using Scrum methods.
As seen below, the Scrum methodology is a framework for creating, delivering, and maintaining complex products across a variety of industries, including research, sales, marketing, and advanced technology.
The product owner in this methodology is in charge of determining the project's business value and what work has to be done. This person is typically the project's major stakeholder, therefore it is his responsibility to communicate to the rest of the team the vision for the final result. A facilitator for an agile development team is a scrum master. They make sure the team follows the Scrum framework's procedures and standards. The Scrum Master facilitates tight collaboration.
To know more about scrum master visit:
https://brainly.com/question/30174283
#SPJ4