When exit occurs in a monopolistically competitive industry, the perceived demand curve will shift to the right, while the marginal revenue curve will shift to the left.
The perceived demand curve will move to the right when departure happens in a monopolistically competitive business, whereas the marginal revenue curve moves to the left. The reason for this is that when companies leave the market, the surviving companies have less competition and have more market power, enabling them to raise their prices. The quantity desired declines as a result of the price rise, which causes the perceived demand curve to move to the right. However, because the price increase reduces the amount sold, the marginal revenue curve will move to the left because the price increase is insufficient to make up for the reduction in quantity.
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What is the proper balance between dealing with negative externalities through government regulation or through torts?
Answer:
Government regulation is the best way to deal with negative externalities
Explanation:
An externality is the effect of the activities ( mostly economic ) of an individual on third parties whom are not direct participants in such activities ( mostly economic ) and this externalities can be either positive or negative .
A proper balance by which Government can deal with negative externalities is by increasing taxes on the production of goods and services that leave a trail of negative externalities on third parties. that way the cost of production of such goods and service will discourage its production
How easy is it to secure a job?
Answer:
Depending on your skills, it can be easy or hard to secure a job! If your hard working and fulfilling any commitment it should be easy! :)
Explanation:
Hope this helps! :)
Answer:
It depends on what job it is and the requirements that it requires. It can also depend on the experience you have. If you have a lot of experience then it could be easier to get a job.
Hope this helps have a great day.:)
Place the steps to creating a budget in order:
Figure out your net income.
Make a list of fixed expenses
Make a list of variable expenses.
Adjust expenses as needed
Determine if you have enough income to cover all your expenses.
Answer:
1. Figure out your net income
2. Determine if you have enough income to cover all your expenses
3. make list of variable expense
4. make list of fixed expenses
5. adjust expense
done !
access to computers increases the productivity of mail-order businesses, thus increasing the demand for their workers. the determinant of labor demand is:_______
Access to computers increases the productivity of mail-order businesses, thus increasing the demand for their workers. the determinant of labor demand is increase in labor productivity.
This means that the access to computers increases the efficiency and speed of mail-order businesses, leading to an increase in their output and demand for workers. As businesses are able to produce more with the same amount of resources, they require more workers to meet the rising demand. An increase in the demand for the product where labor is used could also affect labor demand, but it is not the determining factor in this scenario.
If the demand for the product increases but labor productivity remains the same, businesses would not be able to keep up with the demand and may even face a shortage of workers. Similarly, a decrease in the price of a complement or an increase in the price of a substitute may affect the demand for the product, but it would not directly impact labor demand. Overall, an increase in labor productivity is crucial in determining the demand for workers in mail-order businesses and other industries that rely heavily on technology and automation. The correct option is increase in labor productivity.
The complete question is:
Access to computers increases the productivity of mail-order businesses, thus increasing the demand for their workers. the determinant of labor demand is:_______
Group of answer choices
* Decrease in the price of complement
* increase in labor productivity
* Increase in the price of the substitute
* Increase in the demand for the product where labor is used
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Agency problems are most likely to be associated with?
Agency troubles are most likely to be related with corporations. Agency troubles is the problem of interest inherent between the interest of two party in a corporation.
What is corporation?Corporation is the legal structure that creates with the laws and regulation of its state of incorporation. Specific states have the authority to make an effect of the law.
They can create, dismiss, organization and dissolution of any law within the state of corporation. Many states follow the Model Business Corporation Act.
Thus, Agency troubles are most likely to be related with corporations.
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Kowabunga was a US based beach clothing and gear company. The owner of the company wanted to expand into markets in Mexico, Australia and Fiji. The company compared the emerging markets to see which had the highest growth rates. Which external business environment did the company evaluate for its expansion?
Based on the given details the external business factor environment that did the company evaluate for its expansion is sociocultural.
Socio-cultural as a business external factor has to do with the environment culture or customs and belief as well as the type of fashion trend they have in vogue.
For a clothing company to be successful the consumer, their income level or wealth, growth rate and the environment at large has to be put into consideration.
The company has to as well evaluate the market activities of the country as this can help to influence their decision when trying to expand into another country market as well as their strategic goals when introducing their product into an another country.
Inconclusion the external business factor environment that did the company evaluate for its expansion is sociocultural.
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which of the following situations is appropriate for a two-way anova test? multiple choice to determine if age and income influence average credit ratings. to determine if income influences average credit rating. to determine if average credit rating differs by income level. to determine if age influences average credit ratings.
Although your salary has no direct bearing on your credit score, it does have an impact on your capacity to pay off card debt, which then in turn has an impact on your credit score.
How significant is account average age?The average length of time all of your account have been open is calculated by the credit rating algorithms. Your "credit age" is the average account age. If you're young, it's almost impossible to achieve a higher score than 800 since your credit age is probably going to be short.
Does the average age of an account impact credit score?15% of your overall credit scores are often determined by the length of the credit record, or how long you have been using credit. That implies that, together Your average credit rating could increase as a result of a lengthier account history, not because of your income.
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company xyz offers a group term life insurance plan to its employees what does each employee covered
Answer: certificate of insurance
The each employee covered is certificate of insurance.
The following information should be considered:
A COI is a statement of coverage i.e. issued by the company that insures your business. Normally it is not more than one page, a COI provides a summary of your business coverage. It serves as verification that your business is indeed insured.Learn more: brainly.com/question/16911495
According to Jeffrey Harper, why is market research important?
A Without research data to base decisions on, marketers are just guessing
B By researching, people know marketers care about them
C Data generated by research can be sold to make extra money
D Research is fun, easy and cheap so even if nothing is learned, the experience is good
Answer: The correct answer is A i.e. Without research data to base decisions on , marketers are just guessing .
Explanation: Market research involves gathering data to learn more about target demographics and consumers so a business can market itself more effectively and, ultimately, succeed in the market.
Harper is an assistant professor of practice in the area of marketing & supply chain. According to him research plays a very important role , without doing proper or required research marketers are just assuming which might prove to be very dangerous in future .
Which of the following statements about the basic EOQ model is true?
If the ordering cost were to increase, the EOQ would decrease.
If annual demand were to double, the EOQ would be half.
If the holding cost were to decrease, the EOQ would decrease.
If ordering cost were to decrease, the EOQ would decrease.
All of the above statements are true.
write a query to list out the names of customers, order statuses and a count of the number of orders they have in the different order statuses.
A query to list out the names of customers, order statuses and a count of the number of orders they have in the different order statuses can be constructed using the following SQL statements SELECT Customers.name, Orders.status, COUNT(Orders.id) AS order_count FROM Customers JOIN Orders ON Customers. id = Orders.customer_idGROUP BY Customers. name, Orders.status.
The above query will retrieve the name of the customer, order status, and the number of orders they have in each status. It uses the `COUNT()` function to count the number of orders and `GROUP BY` clause to group the result set by customer and status.The JOINclause is used to join the Customers and Orders tables using the `customer_id` field. This will allow us to get the name of the customer who placed the order.
We then use the GROUP BY clause to group the results by customer name and order status. This will ensure that the query returns a row for each customer and status combination, with the order count for that combination.The result set will include all customers in the Customers table, including those who have not placed any orders.
If you want to include only customers who have placed at least one order, you can add the HAVING clause to the query as follows SELECT Customers.name, Orders.status, COUNT(Orders.id) AS order_countFROM CustomersJOIN Orders ON Customers.id = Orders.customer_idGROUP BY Customers.name, Orders.statusHAVING COUNT.
This will ensure that only customers with at least one order are included in the result set.
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McDonalds is a stock that pays dividends. Suppose the current price of McDonalds is $30 and the risk-free rate for all maturities is 10% with continuous compounding. McDonalds will pay a dividend of $2 at the end of the first year and also at the end of the second year. It will NOT pay a dividend at the end of the third year. What is the three-year forward price for McDonalds?
With a current stock price of $30 and dividends of $2 paid at the end of the first and second years, the three-year forward price for McDonald's is approximately $28.85.
To calculate the three-year forward price for McDonald's, we need to find the present value of the future dividends. Using the formula for the present value of dividends with continuous compounding, we can determine the value of the dividends at the current time.
The present value of the $2 dividend at the end of the first year is
$2 / \((1 + 0.10)^1\) = $1.82, and
The present value of the $2 dividend at the end of the second year is
$2 /\((1 + 0.10)^2\) = $1.65.
Adding these present values to the current stock price of $30, we get $1.82 + $1.65 + $30 = $33.47.
However, since we are looking for the three-year forward price, we need to discount this value by the risk-free rate for three years. Using the formula for continuous compounding, the three-year forward price for McDonald's is approximately $\(33.47\) *\(e^-^0^.^1^0^*^ 3\) = $28.85.
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What are 5 of the 6 financial goals that you should start saving for right away?
Your fiscal pretensions as a pupil ensure that you're academically stable and have financial goals to take care of some of your academic requirements.
SMART fiscal planning is similar to saving plutocrats, investing, erecting your exigency fund, etc. You're sure to secure your fiscal well-being. SMART is an acronym that means Specific, Measurable, Attainable, Applicable, and Timebound. Imagine you've set a thing to save plutocrats.
This thing is vague, and there is no way to tell when. Success has been reached. Short-term financial goals are objectives that associations aim to achieve in a fairly short time( frequently daily or annually). These objects are generally lower in compass and easier to prognosticate and realize than long-term fiscal pretensions.
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if a country with a fixed exchange rate is expected to devalue its exchange rate, what market pressure might force devaluation?
If a country with a fixed exchange rate is expected to devalue its exchange rate, market pressure might force devaluation through several factors. Firstly, if the country is running a trade deficit, it means that it is importing more than it is exporting.
This puts pressure on the country's currency, and investors may start to sell the currency, causing a decrease in demand and a devaluation of the exchange rate. Secondly, if there is political instability or uncertainty, investors may lose confidence in the country's economy and sell the currency, leading to a devaluation.
Additionally, if the country's central bank is low on foreign currency reserves, it may not be able to maintain the fixed exchange rate and may be forced to devalue. Finally, if there is a global economic downturn, investors may prefer safe-haven currencies such as the US dollar, leading to a devaluation of the country's currency.
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2. m&j does not have a formal management approach to managing the employees. some low-level employees
are paid more than higher-level employees because they have been with the company longer; others are given
extra time off without any explanation. employees who are not managers often direct other employees but
won't deal with conflicts because they say it isn't their job. some employees are clearly not motivated to do
what needs to be done to make m&j as successful as it could be. in your response:
M&J need to bring efficiency in the level of their employee management to be able to maintain formal office behavior.
How to make employee management efficient?The management of workforce by way of standardization and classification of pay by class division is one of the ways to do efficient management.
There must be proper management regarding resolving the grievances of employees with respect to their salaries and modes and methods of payment.
Hence, the steps to improve the efficiency of employee management are aforementioned.
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HUD, Co. had a beginning retained earnings of $28,070. For the year, the company had net income of $4,965 and paid dividends of $1,695. The company also issued $3,145 in new stock during the year. What is the ending retained earnings balance?
HUD, Co. had a beginning retained earnings of $28,070. For the year, the company had net income of $4,965 and paid dividends of $1,695. The company also issued $3,145 in new stock during the year.
The ending retained earnings balance can be calculated as follows:
Beginning retained earnings = $28,070
Net income = $4,965
Dividends = $1,695
New stock issued = $3,145
The formula for calculating the ending retained earnings is:
Ending retained earnings = Beginning retained earnings + Net income - Dividends
The total amount of new stock issued is not needed to calculate the ending retained earnings. Using the formula above, the ending retained earnings balance for HUD, Co. can be calculated as:
Ending retained earnings = $28,070 + $4,965 - $1,695 = $31,340
Therefore, the ending retained earnings balance for HUD, Co. is $31,340. This means that the company's retained earnings have increased by $3,270 ($31,340 - $28,070) during the year.
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Case 3: Seasoned Equity Offering On May 15th, Garbage Management Inc. offered to the market 8 million shares in a Seasoned Equity Offering at a price of $40. The share price before the offer was $ 46 per share, and the number of shares outstanding was 14 million. After the announcement of the offer, the price declined at $42.50 per share. Of the 8 million shares sold, 5 million shares were new (primary) shares being issued by the company, while the remaining 3 million shares were being sold by venture capital investors who supported the growth of the company. Assume that the underwriter charges 5% of the gross proceeds as an underwriting fee (which is then shared proportionately between primary and secondary shares).
D) What is the total change in value between before and after the offering, considering both the costs of the offering and the price decline?
The total change in value considering both the costs of the offering and the price decline is $146,850,000.
The total change in value between before and after the offering considering both the costs of the offering and the price decline can be calculated as follows:Initial market capitalization = $46 x 14,000,000 = $644,000,000
Price of the new shares = $40Total proceeds of the issue = $40 x 8,000,000 = $320,000,000New market capitalization = ($46 x 14,000,000) + ($40 x 5,000,000)
= $744,000,000
Gross proceeds from the issue = $320,000,000 - ($320,000,000 x 5%)
= $304,000,000
Proceeds allocated to primary shares = $40 x 5,000,000 = $200,000,000
Proceeds allocated to secondary shares = $104,000,000 = $304,000,000 - $200,000,000
Fee per primary share = ($200,000,000 x 5%) / 5,000,000 = $2 per share
Fee per secondary share = ($104,000,000 x 5%) / 3,000,000 = $1.73 per share
Total fees paid = ($2 x 5,000,000) + ($1.73 x 3,000,000) = $16,650,000
Net proceeds from the issue = $304,000,000 - $16,650,000 = $287,350,000
New number of shares outstanding = 14,000,000 + 5,000,000 = 19,000,000
New share price = $42.50New market capitalization = $42.50 x 19,000,000 = $807,500,000
Change in market capitalization = $807,500,000 - $644,000,000 = $163,500,000
Total change in value = $163,500,000 - $16,650,000 = $146,850,000
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Suppose that, in a competitive market without government regulations, the equilibrium price of hamburgers is $7 each.
Indicate whether each of the statements is an example of a price ceiling or a price floor and whether it is binding or nonbinding.
Statement Price Control Binding or Not
1. The government has instituted a legal minimum price of $8 each for hamburgers.
2. The government prohibits fast-food restaurants from selling hamburgers for more than $8 each.
3. Due to new regulations, fast-food restaurants that would like to pay better wages in order to hire more workers are prohibited from doing so.
Answer:
price floor
Explanation:
due to new regulations, fast food restaurants that would like to pay better wages in order to hire more workers are prohibited from doing so
Harper has shown promise, and her manager has suggested that she be paired up with another experienced professional for faster skill development.
What coaching method does the manager use in Harper’s case?
is the training technique that Harper’s manager is using. In this technique, Harper will work with an experienced and already trained employee to develop her skills faster.
Answer:
i’m pretty sure it’s mentoring
Explanation:
plato
Answer:
Shadowing answer on plato
Explanation:
Monopolistic competitors can make a _____________ in the short-run, but in the long run, ______________ will drive these firms toward _______________________.
A)
profit or loss; entry and exit; a zero-profit outcome
B)
loss; exit; losses on their earnings
C)
profit or loss; exit; economic profits
D)
profit; entry; a price that lies at the very bottom of the AC curve
In the short run, monopolistic competitors can make either a profit or a loss.
However, in the long run, entry and exit of firms will occur in response to these profit or loss outcomes. If a monopolistic competitor is making economic profits, other firms will be incentivized to enter the market, increasing competition.
On the other hand, if a monopolistic competitor is incurring losses, firms will be driven to exit the market.
Ultimately, this process of entry and exit will lead the monopolistic competitors toward a zero-profit outcome in the long run. As more firms enter the market due to the potential for profits, the increased competition will erode those profits.
profit or loss; entry and exit; a zero-profit outcome
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Answer:
the correct answer is profit or loss, entry and exit, a zero-profit outcome
Explanation:
(econ1101)
QUE ES UN CHOQUE ELECTRO SEVERO
RAPIDO RAPIDO AYUDA POR FAVOR
ES DE ELTRICIDAD PERO LE PUSE ESA MATERIA PORFAVOR AYUDAME
Answer:
un choque electro es un choque electrico
Write a 1 paragraph summary of how modular homes are built and used for different purposes. Please write in complete sentences and include
pros and cons of this kind of residential design.
Answer:
Modular homes are built in sections or modules off-site and then transported to the final location for assembly. These homes are often used for residential purposes, such as primary residences, vacation homes, or rental properties. They can also be used for other purposes, including office buildings, schools, and healthcare facilities. One of the main advantages of modular homes is that they can be built quickly and cost-effectively in a factory setting, with less waste and greater efficiency. Additionally, modular homes can be customized to meet the specific needs and preferences of the homeowner. However, there are also some drawbacks to modular homes, including limited design options, potential transportation issues, and potential difficulty in obtaining financing or insurance. Overall, modular homes offer a flexible and affordable option for those looking for a new home or building, but they require careful consideration of the specific needs and challenges associated with this type of residential design.
what is a land as a factor of production
Answer:
see below
Explanation:
Land as a factor of production will comprise the natural resources found beneath, on, and above the earth's surface. Land will therefore include the fertile land/soils used for agricultural productions, minerals, oil and gas, forests, water, and the space used to put up factories and businesses.
Land consists mostly of natural resources occurring on earth. The other factors of production consist of capital, labor, and entrepreneurship.
calvin reviewed his canceled checks and receipts this year (2022) for charitable contributions, which included an antique painting and ibm stock. he has owned the ibm stock and the painting since 2005.Donee Item Cost FMVHobbs Medical Center IBM stock $6,400 $36,000State Museum Antique painting 5,700 3,420A needy family Food and clothes 540 320United Way Cash 22,000 22,000Calculate Calvin's charitable contribution deduction and carryover (if any) under the following circumstances. (Leave no answer blank. Enter zero if applicable.)a. Calvin’s AGI is $170,000.b. Calvin’s AGI is $170,000 but the State Museum told Calvin that it plans to sell the painting.c. Calvin’s AGI is $84,000.d. Calvin’s AGI is $170,000 and Hobbs is a nonoperating private foundation.e. Calvin’s AGI is $170,000 but the painting is worth $52,000.
Part A Calvin’s deduction = cash of $22,000 + painting of $3,420 + stock reach the 50% limit.
The rest answer are as followed.
What is stock?Stock is a type of security that signifies ownership in a company and represents a claim on part of the company’s assets and earnings.
Part A:
Donation to the needy family will not qualify for a charitable deduction.
IBM stock being a capital gain property, the FMV of the stock can be deducted subject to a 30% of AGI ceiling.
The painting not being a capital gain property, the value of the painting can be deducted subject to the 50% of AGI ceiling.
However, the total donation is subject to the 50% of AGI ceiling.
Part B
Calvin’s deduction = cash of $22,000 + painting of $3,420 + stock of $36,000 = $61420
Donation to the needy family will not qualify for a charitable deduction.
IBM stock being a capital gain property, the FMV of the stock can be deducted subject to a 30% of AGI ceiling.
The painting not being a capital gain property, the value of the painting can be deducted subject to the 50% of AGI ceiling.
However, the total donation is subject to the 50% of AGI ceiling.
Part C
Calvin’s deduction = cash of $22,000 + painting of $3,420 + stock of $16580 = $42000
IBM stock being a long-term capital gain property, the FMV of the stock can be deducted subject to the lesser of (1) the value of the stock up to the 30 percent AGI limit or (2) the remaining amount of deduction to reach the 50 percent limit
Part D
Calvin’s deduction = cash of $22000 + painting of $3,420 + stock of $34,000 = $59420
The donee being a private nonoperating foundation, IBM stock is classified as long-term capital gain property and therefore, the deduction for the value of the stock is subject to the lesser of (1) the value of the stock up to the 20% AGI limit or (2) the remaining amount of deduction to reach the 50% limit.
The remaining value of the stock ($36,000 - $34,000) = $2,000 is carried over to next year.
Charitable contribution deduction $59420 carryover $2,000.
Part E
Calvin’s deduction = cash of $22000 + $51,000 = $73000
IBM stock and the painting being capital gain properties, the deduction is subject to the aggregate value of the stock and painting subject to the 30% AGI limit.
The remaining value of the capital gain property = (($36000+$52000)- $51,000) = $37,000 is carried over to next year.
Charitable contribution deduction $73,000 carryover $37,000.
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"Researchers have found that, in general, men are more interested than women in which of the following topics?Multiple Choicea. relationship issuesb. job securityc. promotion opportunitiesd. science and engineeringe. social issues"
Based on some studies and general observations, it has been found that men tend to show more interest in science and engineering compared to women.
It is important to note that generalizations about gender interests can vary among individuals and are subject to cultural and societal influences. While research may identify certain trends or patterns, it is not definitive for all men and women.
This could be attributed to various factors, including socialization, cultural norms, and historical gender disparities in STEM fields. However, it is crucial to emphasize that these generalizations do not apply to every individual, and there are women who are equally interested and successful in science and engineering.
Regarding the other options provided:
a. Relationship issues: Interest in relationship issues can vary greatly among individuals and is not limited to any specific gender.
b. Job security: Interest in job security can also vary among individuals, and it is not solely influenced by gender.
c. Promotion opportunities: Interest in promotion opportunities can be influenced by various factors such as career goals, personal aspirations, and individual motivations, rather than being determined solely by gender.
e. Social issues: Interest in social issues can be found among both men and women, as these topics are not exclusive to any particular gender.
It is important to recognize that individuals' interests are diverse and can vary widely regardless of gender. It is not appropriate to make broad generalizations about gender interests as they can perpetuate stereotypes and overlook individual differences and preferences.
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For those with health issues, regular exercise is not generally recommended. Please select the best answer from the choices provided. T F D. soccer Please select the best answer from the choices provided. A B C DIt's recommended that those with osteoporosis __________. A. monitor their blood sugar levels throughout cardiorespiratory activities B. increase their bone density with high-intensity activities C. always have their inhalers close by during flexibility activities D. limit their overall activity time to 20 minutes per day Please select the best answer from the choices provided. A B C D Mark this and return
Answer:
For those with health issues, regular exercise is not generally recommended. regular exercise can be too hard for them. If they have Asma attacks, they can stop breathing if they run for too long
Explanation: my sister has a health issue
Answer:
FALSE
Explanation:
describe your management experience , including a time you effectively resolved a difficult situation from a management capacity
Answer:
I managed workers of seven in the associate degree info Services department whose responsibilities enclosed delivering specifications and software package to internal purchasers. My role was that of PM or Project Manager, and my responsibilities enclosed one. guaranteeing every staffer was alert to their specific duties, 2. maintained the relevant timelines and ensured every team-member's deliverables arrived on time, 3. arranged, coordinated, and crystal rectifier conferences to debate current and approaching come, and 4. maintained knowledgeable and cozy social atmosphere for my workers.
One of the tougher problems I Janus-faced was after we employed a very bright developer whose my leader had W2'd in from the Asian nation. though he was very precocious in development of the cultural variations between his land and our mostly-female dev team quickly became telling. Sensing the growing hostility in my work cluster, and distinctive the problem, I quietly organized for the W2 worker to attend a cultural sensitivity coaching seminar (couching it as a necessary attend for all employees), and taking aside the pained parties and asking in a well-mannered way to figure with Maine on desegregation him. In the end, he came to a lot of embarrassed, apologized, and our team ran like mechanism thenceforth
Information regarding income levels, education, occupation, and ethnic groups in your target market is called
A. product-based research
B. advertising information
C. demographics
D. secondary research
Answer:
Option C. Demographics
Explanation:
Demographics are a population section of a particular target market depending upon specific demographic information which differentiates this section from other section population. These demographics mostly includes location, family status, occupation, education level, etc.
how do imagination and creativity helps in innovating product?
power drive corporation designs and produces a line of golf equipment and golf apparel. power drive has 100,000 shares of common stock outstanding as of the beginning of 2024. power drive has the following transactions affecting stockholders' equity in 2024. march 1issues 61,000 additional shares of $1 par value common stock for $58 per 10purchases 5,600 shares of treasury stock for $61 per 1declares a cash dividend of $1.80 per share to all stockholders of record on june 15. (hint: dividends are not paid on treasury stock.)july 1pays the cash dividend declared on june 1.october 21resells 2,800 shares of treasury stock purchased on may 10 for $66 per drive corporation has the following beginning balances in its stockholders' equity accounts on january 1, 2024: common stock, $100,000; additional paid-in capital, $5,100,000; and retained earnings, $2,600,000. net income for the year ended december 31, 2024, is $660,000.required:prepare the statement of stockholders' equity for power drive corporation for the year ended december 31, 2024
The statement of stockholders' equity shows the changes in the company's equity accounts over the year. It includes the issuance of additional shares of common stock, the purchase and resale of treasury stock, the declaration and payment of dividends, and the net income earned.
Total Stockholders' Equity:
Common Stock + Additional Paid-in Capital + Retained Earnings + Treasury Stock
$161,000 + $5,100,000 + $3,080,000 + ($157,800) = $8,183,200
Statement of Stockholders' Equity
For the Year Ended December 31, 2024
Common Stock:
Beginning Balance: $100,000
Issuance of Additional Shares: $61,000
Ending Balance: $161,000
Additional Paid-in Capital:
Beginning Balance: $5,100,000
Ending Balance: $5,100,000
Retained Earnings:
Beginning Balance: $2,600,000
Net Income: $660,000
Dividends: ($1.80 * 100,000 shares) = $180,000
Ending Balance: $3,080,000
Treasury Stock:
Beginning Balance: $0
Purchase of Treasury Stock: ($61 * 5,600 shares) = ($342,600)
Resale of Treasury Stock: ($66 * 2,800 shares) = $184,800
Ending Balance: ($157,800)
Total Stockholders' Equity:
Common Stock + Additional Paid-in Capital + Retained Earnings + Treasury Stock
$161,000 + $5,100,000 + $3,080,000 + ($157,800) = $8,183,200
Note: The statement of stockholders' equity shows the changes in the company's equity accounts over the year. It includes the issuance of additional shares of common stock, the purchase and resale of treasury stock, the declaration and payment of dividends, and the net income earned. The ending balances for each equity account are calculated by considering the beginning balances and the changes during the year. The total stockholders' equity represents the overall equity position of the company at the end of the year.
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