When quantity supplied exceeds quantity demanded, a surplus occurs, putting a downward pressure on the price.
What is a surplus?Equilibrium price is the price at which quantity demanded is equal to quantity supplied. When market price is greater than equilibrium price, suppliers would increase the quantity supplied while consumers would reduce the quantity demanded. This would lead to an excess of quantity supplied over quantity demanded. The result is a surplus.
Due to the excess of quantity supplied over quantity demanded, prices would begin to fall until the equilibrium price is reached. At equilibrium, quantity supplied is equal to the quantity demanded. On a graph, surplus is the area above the equilibrium point.
When price is below equilibrium price, the quantity demanded would exceed the quantity supplied. This would lead to a scarcity. When there is a scarcity, prices would rise until the equilibrium price is reached. When equilibrium in reached, the quantity supplied would be equal to the quantity demanded.
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What percentage of a person's effectiveness in a leadership role is due to heredity?
30% Percentage of a person's effectiveness in a leadership role is due to heredity.
A leader can play various roles, and a firm will benefit more if they do so. Employees will be motivated to perform better, complete their goals, and even acquire leadership skills when they observe effective leaders in action.
Obtaining cooperation at the highest level is crucial for the creation of plans and policies. It is necessary for the interpretation and execution of plans and programs created by the top management at the medium and lower level. When plans are being carried out, leadership can be demonstrated by advising and guiding subordinates.
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In the prs country composite risk ratings, a score of ______ represents the least risky and a score of _____ represents the most risky.
In the prs country composite risk ratings, a score of 100 represents the least risky and a score of 0 represents the most risky.
The term "risk rating" refers to the categorization of risks and their effects on the business in terms of reputational or financial harm to a company or industry. Due to the fast-paced business environment, organizations should think about performing at least a yearly risk rating review. Identifying and analyzing potential events that could harm people, property, and/or the environment, as well as making decisions "on the tolerability of the risk on the basis of a risk analysis" while taking influencing factors into account, are all parts of a risk assessment. Risk levels can range from low to high. Based on the ranking of the risk's likelihood and impact, each enterprise risk has a corresponding risk level. The basis for setting priorities and taking action is the level of risk.
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The additional benefits that arise by using an additional unit of the managerial control variable is defined as the:________
The term "Total benefit" refers to the additional advantages brought about by applying an additional unit of the managerial control variable.
The benefit paid under the Salaried Pension Plan and the Executive Plan to a Participant (or surviving spouse in the event of a Participant's death) is referred to as the Total Benefit. The annual pension amount equal to 65% of the participant's Final Average Pay multiplied by the Accrual Fraction as of the Date of Determination, payable to the participant in the Normal Form of Benefit and beginning as of the Date of Determination, is referred to as the Total Benefit. The Total Benefit, however, must always exceed the Minimum Benefit as of the Date of Determination.
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Issuance of common stock for cash affects which basic element of financial statements?
This entry influences property as properly as stockholders' equity.
When you trouble inventory for cash, you extend both shareholders' equity and cash.
The stock issuance is recorded in shareholders' equity as extra paid-in capital, in accordance to Bob Steele CPA.
What is issuance of frequent inventory on economic statement?Common stocks are shares issued with the aid of a enterprise to raise cash instead of selling debt or issuing desired stock.
Common shares are in reality everyday shares.
When the business enterprise troubles common inventory for the first time, they do so with the aid of an preliminary public offering or an IPO.
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https://brainly.com/question/25562729#SPJ4Y3k, incorporated, has sales of $4,600, total assets of $3,385, and a debt-equity ratio of 1.10. if its return on equity is 19 percent, what its net income?
If its return on equity is 19 percent, the Y3k, incorporated Net income is 1,611.90
What exactly is Net Income?
Net income (NI), also known as net earnings, is calculated by subtracting sales from the cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses. This metric can be used by investors to measure how much a company's revenue exceeds its costs. This metric, which may be found on the income statement, is a measure of a company's profitability.
Net income is used by businesses to calculate earnings per share. Net income is sometimes referred to as the bottom line by business analysts since it shows at the bottom of the income statement.
Total sales of the firm is $4,600
Total assets of the firm is $3,385
Debt-Equity ratio is 1.10
Return Equity (ROE) of the firm is 19%
Equity Multiplier = (Total Assets/Total Equity)
= (Total debt. + Total equity/Total equity)
= 1 + Debt-equity ratio
= 1 + 1.10
= 2.10
Equity Multiplier of the firm is 2.10
Total equity = Total assets/Equity Multiplier
= 3,385/2.10 = 1,611.90
So, the net income is 1,611.90
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Stock prices are:____.
a. determined by market transactions.
b. set by the company issuing the stock.
c. unrelated to the value of the company issuing the stock.
d. set by the central bank.
Stock prices are determined by market transactions.
What are stock prices?A company's share price is decided by market forces such as supply and demand after its shares begin trading on a stock exchange. The price will rise if there is a significant demand for its shares because of advantageous circumstances.
The most accurate way to determine a security's present value is to look at its current price, which is the most recent selling price of any stock, currency, good, or precious metal that is traded on an exchange.
A company's market capitalisation and, by extension, its market value are impacted by changes in share prices. A company's market value increases with rising share prices and vice versa.
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Which statement best describes the relationship between price and quantity supplied? a When prices increase, quantity supplied increases.b When prices increase, quantity supplied stays the same. cWhen prices decrease, quantity supplied increases. d When prices decrease, quantity supplied stays the same.
A is the option that offers the most accurate description of the connection between the selling price and the total amount.
When prices go higher, there is a corresponding rise in the amount that is provided.
When prices increase, the quantity supplied increases. Option A
What does the price mean?This is a reference to the value that is affixed to a certain good or service, which is the amount that it may be bought or acquired for.
As a result, we can see that based on the economic principle of price and quantities supplied, we can make the observation that when prices increase, the quantity supplied increases, and this is because of demand and supply.
In other words, when prices go up, there are more goods available for purchase.
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A bad financial decision is defined as a decision that ______ shareholder wealth.
The definition of a bad financial decision is one that reduces shareholder wealth.
Financing, investing, dividends, and working capital management are the main topics of financial decision-making. Making decisions enables the business to achieve its objectives by making the best use of the resources at hand. A company entity cannot last over the long run without achieving minimum financial performance requirements.
So, in a sense, financial management provides a conceptual and analytical framework for making financial decisions. Making investment decisions involves choosing how to divide up the company's capital amongst different assets. Investment choices can either be made for the long term or the short term. Decisions on capital budgeting are substantial long-term investments that can only be reversed with a hefty penalty.
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Economics such as poor nutrition during early childhood can negatively affect child's growth, and this effect maybe irreversible. this is an example of ___________________
The fact that the poor nutrition in early childhood can lead to negative effects on the child's growth and that this may be irreversible is an example of critical period in height growth.
When is the critical period in height growth?As a child grows, they will enter various stages in their young life. Some of those periods will be critical growth periods.
During these periods, the child's long term growth can be affected if they do not get the right nutrients. This early childhood period will require a child getting as much nutrients as possible so as not to skip this stage.
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How is the operations management function related to activities in human resources, information systems, and accounting?
links the operations management function with the financial, information systems, and human resources divisions.
Operations management (OM) and human resources management (HRM) have traditionally been very different fields. The main areas of communication between operations managers and human resource managers are, in fact, administrative issues with payroll and other challenges. In academia, several research communities on the two subjects, mostly from various disciplinary backgrounds, disseminate their findings in various collections of papers. However, operations and human resources are inextricably linked at a fundamental level. Human resource operations including pay, training, staffing, and communications frequently have an explanation or a way to restrict their effects. Variations or abnormalities would normally be interpreted by conventional procedures as randomness or error variance;
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The document that an advertising agency's creative department uses to guide the development of advertising ideas and concepts is known as the?
The document that an advertising agency's creative department uses to guide the development of advertising ideas and concepts is known as the Creative brief
What is Advertising Agency's?
Similar to a tailor is an advertising agency. It develops the advertising, arranges for their distribution in terms of when, where, and how, then gives them to the client. Most advertising agencies are independent of any institutions. To sell the clients' products, these agencies put in all of their effort. They employ a team of specialists in their specialised industries, assisting businesses or organisations in quickly and easily reaching their target audience. William Taylor opened the first advertising agency in 1786. James "Jem" White opened the second in London in 1800, and Reynell & Son opened the third in 1812.
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During the 1960s, u.s. firms created just over _____ of worldwide foreign direct investment and british firms were second accounting for just over 10 percent.
During the 1960s,US. firms created just over 65% of worldwide foreign direct investment and British firms were second accounting for just over 10 percent.
What is meant by foreign direct investment?Foreign direct investment (FDI) is known to be a type oof cross-border form of investment.
Note that it it one where an investor that is known to resident in one economy set up a lasting interest in and a vital extent of influence over a firm that is found in another economy.
Therefore, note that during the 1960s,US. firms created just over 65% of worldwide foreign direct investment and British firms were second accounting for just over 10 percent.
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A tax imposed by a government on goods entering at its borders is most accurately termed as a(n) _____.
A tax imposed by a government on goods entering at its borders is most accurately termed as customs duty. It is a tax imposed on imports and exports of goods.
What is Custom Duty?The charge levied on products as they are carried across international boundaries is referred to as a customs duty. It is, in the simplest words, the tax imposed on commodities that are imported and exported. This obligation is used by the government to increase income, protect domestic industries, and control the flow of commodities.
The place of manufacture and the material used to make the goods affect the customs duty rate.
The Customs Act of 1962 defines custom duty in India, and the Central Board of Excise & Customs oversees all aspects pertaining to it (CBEC).
The government's estimated customs income for the fiscal years 2020–21 was Rs 1,38,000 crore.
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The new york times reported that the average base salary of a data scientist is $85,000 competitive bonus.
a. true.
b. false
The New York Times reported that the average base salary of a data scientist is an $85,000 competitive bonus is a false statement. Thus, option B is correct.
What is the salary?A salary can be defined as the amount that is paid to a person by the employer for the work that he or she has done.
The report that said the data scientist's average salary is around, $85000 with a competitive bonus is a wrong statement as the package value of that person will be greater than the general amount that is going on for that particular job for a data scientist. Therefore, option B is the correct option.
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A manager increases the number of tasks that a subordinate has to do in order to make the job more interesting for the subordinate. this is known as:______.
A manager increases the number of tasks that a subordinate has to do in order to make the job more interesting for the subordinate. this is known as: job simplification.
work or task simplification is the manner of getting rid of obligations from modern-day positions to sharpen them.
The intention of work simplification is to create better work tactics that increase manufacturing at the same time as decreasing waste and expense.
job simplification consists of movements like having a worker sew buttons on shirts in an effort to make the actual clothing. paintings simplification is an powerful strategy to boost employee productivity, reduce down on cycle or shipping instances, and lift purchaser pride. in case you've by no means used task simplification, pick a venture with a small scope on your trial run.
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Homeowner shelby wants to refinance her home. it's important for her to understand that regardless of how she refinances, the points paid for refinancing are ______.
Homeowner Shelby wants to refinance her home. it's important for her to understand that regardless of how she refinances, the points paid for refinancing are deducted. The remaining points must be deducted during the duration of the new loan. She might be able to deduct the points she paid.
What is Home refinancing?When one refinances their mortgage, they are replacing your existing loan with a new one. The new loan may have different terms, such as switching from a 30-year to a 15-year term or from an adjustable rate to a fixed rate, but the most typical difference is a reduced interest rate.
Why do homeowners opt for refinancing?Refinancing allows you to decrease your payment each month, save money on interest throughout the life of your loan, pay off your mortgage faster, and draw on the equity in your house for any reason.
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Employers can achieve fewer accidents and lower workers compensation cost by:_________
Employers can reduce safety dangers and workers compensation costs by investigating all accidents with an eye toward future deterrence.
Definition of Workers' Compensation
Employees who sustain diseases or injuries at work are given benefits under workers' compensation insurance, a sort of commercial insurance. This insurance specifically aids in covering expenses such as medical care, lost wages from missed work, and more. Benefits from workers' compensation insurance might vary by state.
Three ways that workers' compensation insurance safeguards your company. These include things like providing coverage for employee illnesses and workplace accidents, defending your company in legal proceedings, and maintaining compliance with state laws.
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When interest rates in the market fall, bond values will increase because the present value of the bond's remaining cash flows ____.
When interest rates in the market fall, bond values will increase because the present value of the bond's remaining cash flows will increase.
What is the effect of a decrease in interest rate on present value?A bond is a debt instrument used by firms to raise capital for their daily operations. Bondholders are paid interest based on the interest rate.
Present value is the sum of discounted cash flows. The bond is usually discounted using the interest rate. There is a negative relationship between interest rate and the present value of bonds.
Assume that a bond would pay 1000 in 5 years. The interest rate is 10%.
The present value of the bond : 1000 / (1.1^5) = 620.92
Assume now that interest rate is now 2%, the present value would be:
1000 / (1.1^2) = 826.45
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A firm has a total debt ratio of 0.30 times. this means the firm has ___ in total debt for every $1 in total assets.
A firm has a total debt ratio of 0.30 times. this means the firm has $0.30 in total debt for every $1 in total assets.
What is debt ratio of a company?
The debt ratio of a company means its total debt as percentage of total assets of the company, in other words, the debt ratio can be determined as the total debt divided by total assets expressed as a percentage
debt ratio=total debt/total assets
debt ratio=0.30
total debt=unknown(assume it is x)
total assets=$1
0.30=x/$1
x=0.30*$1
x=total debt for every $1 of total assets=$0.30
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Airline revenue per passenger mile and hotel revenue per full-time employee are examples of _____ measures.
Airline revenue per passenger mile and hotel revenue per full-time employee are examples of productivity measures
A productivity measures are values or metrics that allow to carry out a control and follow-up of the fulfillment of the activities in a company. This helps to improve processes by detecting where there are delays in the execution of planned activities.
What is productivity?Productivity is an indicator that expresses the amount of activities, products or services that have been completed or produced in a given time.
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Using straight-line depreciation for financial reporting purposes and macrs for tax purposes creates:______.
The correct answer is Deferred tax liability.
The deferred tax obligation on a company's balance sheet represents taxes that are owed but won't be paid until a later date. The obligation is delayed because there is a lag between when the tax incurred and when it is scheduled to be paid.
Is deferred tax a burden or an asset?Deferred tax assets are items that appear on the balance sheet as a result of overpayments or early tax payments. The inverse of this is a deferred tax obligation, which reflects unpaid income taxes.
The balance sheet displays an obligation for deferred income tax. Deferred income tax is a type of liability that can be either current or long-term.
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It is important for a good economic model to predict cause and effect so that it can?
The ability to forecast cause and effect is crucial for a solid economic model since it enables it to both explain past events and foresee potential future ones.
A model of the economy's importance
Its main goal is to describe and examine the prices and volume sold in a market that is competitive. In relation to price and other factors, the equations of the model define the level of supply and demand (for example, income).
What conclusions do economic models draw?
A simplified representation of reality, an economic model enables us to observe, comprehend, and forecast economic phenomena. A model's goal is to simplify a complex, real-world scenario so that only the most important elements remain.
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American companies can easily do business with chinese companies. this is phenomenon is called ________.
American companies can easily do business with chinese companies. This phenomenon is called Globalization.
Globalization refers to the business operate in multiple countries. it increase the flow of goods and services, skills throughout the world.
It is very beneficial as :
1 . It increases the exchange of foreign currencies.
2. It improves the balance of trade of the country.
3. It creates employment opportunities.
4. It helps in improving living standard of the people.
5. It will help in access the new market.
Challenges of Globalization:
It results in loss of culture identity , there will be difficulties in immigration of the employees, foreign workers get exploited as there demand will decrease.
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If the state government allocates additional spending on education programs, the opportunity cost is:______.
It Allocates that
measured in terms of the best alternative uses for that money.In microeconomic hypothesis, the open door cost of a specific action is the worth or advantage surrendered by taking part in that action, comparative with taking part in an elective action.
What is opportunity cost and its recipe?Opportunity cost is the worth of the following best other option or choice. This worth could conceivably be estimated in cash. Worth can likewise be estimated by different means like time or fulfillment. One recipe to work out open door expenses could be the proportion of what you are forfeiting to what you are acquiring.To learn more about Opportunity cost click the links.
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The economic interdependence among nations is often measured by their ___________.
The economic interdependence among nations is often measured by their openness.
What is economic interdependence?
The term "economic interdependence" refers to a measurement of the value of economic exchanges between two nations or between a nation and the rest of the globe, sometimes scaled to total national production or some other indicator of total financial assets. Globalization is one of the effects of economic interconnectedness. Each country's economy is at this point reliant on the supply of goods from other countries. For instance, China is currently a major supplier of goods to the United States.
Therefore,
The economic interdependence among nations is often measured by their openness.
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Assuming that reader direct generates net income of $3,000 and pays dividends of $2,000 in 2021, what would be the ending retained earnings balance at december 31, 2021?
The ending retained earnings as at December 31, 2021 is $1,000.
What is the ending retained earnings?Retained earnings is the cumulative portion of the profit of a company that is not distributed to shareholders as dividends. Retained earnings increase the value of a firm. Net income increases retained earnings. Losses and dividend payment reduces retained earnings.
Retained earnings can be used for working capital and capital expenditures or it can be used to pay off debt obligations of the company. Retained earnings is the link between the income statement and the balance sheet. Retained earnings is recorded in he shareholder's equity section.
If a company does not believe it can use its retained earnings efficiently to generate profits, the retained earnings should be distributed to shareholders as dividends.
Ending retained earnings is net income less dividends.
Ending retained earnings = net income - dividends
$3000 - $2000 = $1000
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Allocated common costs are ______ avoidable and/or relevant to a decision.
a. always
b. sometimes
Allocated common costs are sometimes avoidable and/or relevant to a decision.
What Is Decision-Making?It is acceptable to argue that management is nothing more than a continual process of decision-making if we have to define decision-making in the context of the workplace. Business managers are in charge of making operational choices and seeing that their staff carry them out. In actuality, every manager's ability to make decisions is a key factor in determining success.
The skill of decision-making is essential to the process of company planning. Managers must make a number of decisions during the planning phase, including establishing organizational goals. They select important items, marketing tactics, job descriptions, and deadlines for each activity. When the plans fail to produce the expected results or are derailed by outside factors or poor execution.
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What financial reporting aspect helps investors and creditors assess the risks associated with liabilities that require expenditures of cash or other assets in the near term?
Classification as current or long-term helps investors and creditors assess the risks associated with liabilities that require expenditures of cash or other assets in the near term.
A liability is something a person or organization owes, typically an amount of money. Liabilities are settled over the years via the switch of economic benefits such as cash, goods, or services.
Legal responsibility is a legally binding obligation payable to another entity. Liabilities are incurred on the way to fund the continuing sports of a business. Examples of liabilities are money owed payable, amassed expenses, wages payable, and taxes payable.
Each is indexed on a company's balance sheet, an economic declaration that indicates a agency's financial fitness. belongings minus liabilities equal fairness, or an owner's internet really worth.
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The _________ represents the cumulative total of net income less dividends over the life of the company.
The ending balance of retained earnings represents the cumulative total of net income fewer dividends over the life of the company.
This is further explained below.
What are earnings?Generally, The net advantages of a corporation's operations are referred to as earnings.
Earnings are the basis for calculating the tax liability of a corporation. EBIT and EBITDA are only two of the more technical metrics that are used when doing an examination of certain facets of business operations.
It is standard practice to use a variety of other phrases in place of earnings, such as income and profit.
In conclusion, The cumulative sum of retained profits during the company's entire existence is represented by the ending balance of retained earnings. This figure is calculated by deducting dividends from net income.
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The system that keeps track of the results of each of the three business activities is called a(n) ________ system.
The system that keeps track of the results of each of the three business activities is called an Accounting Information System.
Accounting Information System: For the benefit of accountants, consultants, business analysts, managers, chief financial officers (CFOs), auditors, regulators, and tax agencies, a company employs an accounting information system (AIS) to gather, store, manage, process, retrieve, and report its financial data.
There are three types of Accounting Information Systems:
1) Manual,
2)Legacy and
3)Modern/Integrated systems.
The system that keeps track of the results of each of the three business activities is called an Accounting Information System.
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