Answer:
Explanation:
If the price is below the equilibrium level, then the quantity demanded will exceed the quantity supplied by an amount known as excess demand or deficit supply. This is known as price ceiling.
if the price is below the equilibrium level, then the quantity demanded will exceed the quantity supplied. this is known as excess demand or deficit supply. This is known as the price ceiling.
What is Equilibrium?When economic forces are in balance, there is said to be an economic equilibrium. In the absence of outside influences, economic variables essentially hold true to their equilibrium levels. Market equilibrium and economic equilibrium are two different concepts.
Market equilibrium is described as the price at which supply and demand are equal in basic microeconomics. As a result, it is a location where the theoretical supply and demand curves.
hence, if the price is below the equilibrium level, then the quantity demanded will exceed the quantity supplied. this is known as excess demand or deficit supply. This is known as the price ceiling.
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Difference between financial and managerial accounting?
The main difference between financial and managerial accounting is that financial accounting is done for external stakeholders and managerial accounting is done for internal stakeholders.
How are financial and managerial accounting different?Financial accounting is often made for the use of the external stakeholders of a company including the public, the government, and analysts and investors. As a result, it has to follow the recommended accounting principles.
Managerial accounting on the other hand, is done for the benefit of internal stakeholders like management. It is used to make decisions on operations. It therefore does not need to follow generally recommended accounting principles which makes it different from financial accounting.
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Using the aggregate expenditure function above, what would be the level of real GDP if the aggregate expenditure function shifted up by $0.2T
After using the aggregate expenditure function given above, it can be concluded that the level of real GDP will not change and remain constant if the aggregate expenditure function shifted up by an amount of $0.2T.
What is the significance of real GDP?Real GDP is the inflation adjusted value of the amount of final goods and services that have been produced with respect to a given economic period.
The graph given above shows that when the aggregate expenditure of the economy went up by an amount of $0.2T, there was hardly any effect of the same on the real GDP, thus, it has remained constant.
Therefore, the significance regarding the effect on real GDP in the above situation has been aforementioned.
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The amount of water consumed each day by a healthy adult follows a normal distribution with a mean of 1.56 liters. A health campaign promotes the consumption of at least 2.0 liters per day. A sample of 10 adults after the campaign shows the following consumption in liters:
1.88 1.74 1.98 1.70 1.86 1.72 1.74 1.98 1.68 1.50
At the 0.025 significance level, can we conclude that water consumption has increased? Calculate and interpret the p-value.
Click here for the Excel Data File
a. State the null hypothesis and the alternate hypothesis. (Round your answers to 2 decimal places.)
b. State the decision rule for 0.025 significance level. (Round your answer to 3 decimal places.)
c. Compute the value of the test statistic. (Round your intermediate and final answer to 3 decimal places.)
d. At the 0.025 level, can we conclude that water consumption has increased?
e. Estimate the p-value.
Yes we can conclude that the water consumption has increased at 0.025 level of significance.
How to solve for the meanThe mean is given as
(1.88 + 1.74 + 1.98 + 1.70 + 1.86 + 1.72 + 1.74 + 1.98 + 1.68 + 1.5)/10 = 1.778
= 17.78 / 10
standard deviation calculator
= (1.88 - 1.778)² + ... + (1.50 - 1.778)² / 10
= 0.19796 / 10
= 0.019796
σ = √0.019796
standard deviation = 0.14069825869569
b. At alpha = 0.025, the critical value is t* = 2.262
Reject H0 if t > 2.262
c. Test statistic
= x - u / s √n
= 1.778 - 1.56 / 0.14069 / 3.1622
= 0.218 / 0.0444911
= 4.8998
d. Given that the test statistic is seen to be greater than the critical value, we would have to reject the null.
At 0.025, the assumption would be that the consumption of water has increased.
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The ledger of Duggan Rental Agency on March 31 of the current year includes the following selected accounts before adjusting entries have been prepared.
Debit Credit
Prepaid Insurance $ 3,600
Supplies 2,800
Equipment 25,000
Accumulated Depreciation—Equipment $ 8,400
Notes Payable 20,000
Unearned Rent Revenue 9,300
Rent Revenue 60,000
Interest Expense –0–
Salaries and Wages Expense 14,000
An analysis of the accounts shows the following.
1. The equipment depreciates $250 per month.
2. One-third of the unearned rent was recognized as revenue during the Quarter.
3. Interest of $500 is accrued on the notes payable.
4. Supplies on hand total $850.
5. Insurance expires at the rate of $300 per month.
Instructions
Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly. Additional accounts are Depreciation Expense, Insurance Expense, Interest Payable, and Supplies Expense.
The adjusting entries at March 31, assuming that adjusting entries are made quarter is: Debit Depreciation expense $750; Credit Accumulated depreciation - Equipment $750.
Journal entryMarch 31
Debit Depreciation expense $750
Credit Accumulated depreciation - Equipment $750
( $250 × 3 months)
(To record quarterly depreciation on equipment)
March 31
Debit Unearned rent revenue account $3,100
Credit Rent Revenue Account $3,100
( 1/3 × $9,300)
(To record rent revenue earned)
March 31
Debit Interest expense Account $500
Credit Interest payable account $500
(To record accrued interest expenses)
March 31
Debit Supplies expense account $1,950
Credit Supplies account $1,950
($2800 - $850)
(To record supplies consumed)
March 31
Debit Insurance expense account $900
Credit Prepaid insurance account $900
( $300 × 3 months)
(To record expired insurance for the quarter)
The entry to record the transaction is to debit Depreciation expense for the amount of $750, credit accumulated depreciation - Equipment of the amount of $750.
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effective guiding policy is supported by and stays consistent through the use of ______.
The effective guiding policy is supported by and stays consistent through the use of strategic commitments.
Strategic commitments that senior management and key personnel for the duration of the employer purchase in to drive the corporation forward to attain its targets. therefore, they have dedicated themselves to the success of the corporation. furthermore, they execute the strategies of the agency as efficaciously as feasible.
Whilst employees are dedicated to a method and its implementation they may be extra stimulated to put into effect it. Organizational individuals who strongly consider the strategy and its dreams are more likely to be willing to make greater efforts on its behalf. This in flip results in higher method execution performance.
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monthly sale of beer at a bar is believed to be approximately normally distributed with mean 2450 units and standard 400 units.to determine the level of orders and stock ,the management wants to find two value symmetrically on either side of mean,such that the probability that sales of beer during the month will be between the two values is 0.95 and 0.99 find the required value
Using the normal distribution, the values are given as follows:
Probability 0.95: between 1666 and 3234 units.Probability 0.99: between 1420 and 3480 units.Normal Probability DistributionThe z-score of a measure X of a variable that has mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex] is given by the rule presented as follows:
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
The z-score measures how many standard deviations the measure X is above or below the mean of the distribution, depending if the z-score is positive or negative.From the z-score table, the p-value associated with the z-score is found, and it represents the percentile of the measure X in the distribution.In the context of this problem, the mean and the standard deviation of sales are given as follows:
[tex]\mu = 2450, \sigma = 400[/tex]
For the interval with 95% probability, the bounds are calculated when Z = -1.96 and Z = 1.96, excluding the 2.5% of the tails of the distribution, hence:
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
-1.96 = (X - 2450)/400
X - 2450 = -1.96(400)
X = 1666.
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
1.96 = (X - 2450)/400
X - 2450 = 1.96(400)
X = 3234.
For the interval with 99% probability, the bounds are calculated when Z = -2.575 and Z = 2.575, excluding the 0.5% of the tails of the distribution, hence:
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
-2.575 = (X - 2450)/400
X - 2450 = -2.575(400)
X = 1420.
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
2.575 = (X - 2450)/400
X - 2450 = 2.575(400)
X = 3480.
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Terrence and Benita were married for 53 years. Terrence died on June 10, 2021. Benita has no dependents and she did not remarry. The correct and most favorable filing status for Benita's 2021 return is?
A. single
B. married filing jointly
C. married filing separately
D. qualifying widow
For Benita's 2021 return, the most favorable filing status is married filing jointly.
When only one spouse makes a living or has the largest income, filing jointly with your spouse is frequently the best option.
If both couples earn incomes that are substantial and unequally distributed, however, you may be better off filing separately.
Married Filing Jointly: What Is It?
Married couples can file their taxes together by choosing the filing status known as married filing jointly. A married couple can report their individual incomes, deductions, credits, and exemptions on the same tax return while filing their taxes as a married couple.
Filing Separately vs. Jointly by Married People
Your combined total tax obligation is frequently lower when you file as married filing jointly than it would be if you and your spouse had each filed separately. Couples are enticed to file jointly by the Internal Revenue Service (IRS) by a number of tax benefits that don't apply to other filing statuses.
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Nando’s Company has a debt to equity ratio of 0.80. ROA is 9.7 percent, and total equity is $735,000. What is the equity multiplier? Return on equity? Net income?
If Nando’s Company has a debt to equity ratio of 0.80. ROA is 9.7 percent, and total equity is $735,000. The equity multiplier is 1.8 ,Return on equity is 17.46%, The Net income is $128,331.
Equity multiplier, return on equity and net incomea) Equity Multiplier
Equity multiplier ratio = 1 + debt-equity ratio
Equity multiplier ratio = 1 + 0.8
Equity multiplier ratio = 1.8
b) Return on equity
Return on equity = Equity multiplier × return on assets ratio
Return on equity = 1.8 × 9.7%
Return on equity = 17.46%
c) Net income
Net income = Return on equity × total equity
Net income = 17.46% × $735, 000
Net income = $128,331
Therefore the equity multiplier is 1.8.
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the history of the development of operations research
The history of the development of operations research may have originated in the efforts of military planners during the World War I.
Operations research is known to be an analytical method of problem-solving and as well as the decision-making which is thus useful in the management of the organizations. Here, the problems are broken down into basic components and then they are solved in defined steps by some mathematical analysis.
Operations research is said to originate in the efforts of military planners during World War I. Percy Bridgman is said to bring the operational research to bear on problems in physics in the 1920s and would later attempt to extend these to the social sciences.
Hence, operations research is a discipline which helps to make better decisions.
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From the following list, identify those that are likely to serve as source documents. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
Sales ticket
Trial balance
Balance sheet
Telephone bill
Invoice from supplier
Company revenue account
Income statement
Bank statement
Prepaid insurance
From the following list, these are likely to serve as source documents.
Sales ticketsTelephone billinvoice from supplierBank statementA document is a written, drawn, presented, or memorialized illustration of thought, regularly the manifestation of non-fictional, in addition to fictional, content material. The word originates from the Latin Documentum, which denotes a "coaching" or "lesson": the verb doceō denotes "to teach".
In each subject, it is critical to decrease as a good deal hazard as feasible. Documentation is a amazing tool in protective in opposition to proceedings and complaints. Documentation assist ensure consent and expectancies. It allows to tell the narrative for selections made, and how your self or the patron replied to exceptional conditions.
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a threshold capability is difficult to imitate. true or false?
A threshold capability is difficult to imitate: true.
What is a threshold capability?A threshold capability can be defined as the minimum resources and competences that are needed by a business organization (company or firm) in order to enable it meet the unending and necessary minimum requirements of its customers, as well as competing with the competitors (rivals) in a given market and achieve parity.
In Economics, there are different examples of threshold capabilities and these include the following:
Basic knowledge.SkillsTraitsFreedom from concern about survival.Financial discretionBuying powerMotivesRead more on competitors here: https://brainly.com/question/5325927
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the gdpr created a ________ framework in order to enable u.s. businesses to legally use personal data from eu countries.
The GDPR created a Safe harbor. Framework in order to enable U.S. businesses to legally use personal data from EU countries.
General Data Protection Regulation (GDPR) created a framework called Safe harbor.
Safe harbor is an agreement between the United States Department of Commerce and the European Union, the framework safeguards the European citizen's personal data (data protection). The General Data Protection Regulation (GDPR) is a framework of law that establishes standards for the gathering and handling of personal data from. Safe harbor is a term in a law or regulation that, under certain circumstances, protects from legal responsibility or other penalties. Safe harbor rules shield individuals and organizations from liability for unexpected errors .safe harbor are helpful if Anyone acting in good faith who may otherwise break the law for reasons beyond their control now has peace of mind thanks to these laws.
Completed question ): The GDPR created a framework in order to enable U.S. businesses to legally use personal data from EU countries.
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Out of the following economic statistics, which is the best measure of economic prosperity?
Group of answer choices
The growth rate of real GDP
The level of real GDP
The price level
The level of nominal GDP
The level of real GDP is the best economic statistics for measuring an economic prosperity.
What is a real GDP?The term real GDP is an acronyms for the real gross domestic product. This economic tool means an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year (expressed in base-year prices). It is also referred to as constant-price or inflation corrected GDP.
This type of GDP makes the comparison of GDP from year to year or from different years more meaningful because it shows difference comparisons for both the quantity and value of goods and services. It is calculated by dividing nominal GDP over a GDP deflator.
In conclusion, an economists mainly use a simple economic measure known as GDP to define prosperity whether being measured in total for a country or on a per-capita basis, the GDP is the most familiar and widely used measure of national progress.
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in 2014, the action movie john wick made about $14.5 million in its opening weekend. in 2017, john wick: chapter 2 made about $30.5 million in its opening weekend. the consumer price index in 2014 was 236.7. if the consumer price index in 2017 was 245.1, how much did the first john wick movie make in 2017 dollars?
The first John Wick movie made $15 million in 2017 dollars.
Consumer Price Index: The consumer price index (CPI) tracks variations in the average price of products and services that a reference population buys, uses, or pays for consumption over time.
Consumer price index is a broad index that estimates price changes in a basket of products and services that is representative of consumer spending in an economy. The CPI estimating process involves some very precise calculations.
What does the CPI for 2022 look like?
The Consumer Price Index for All Urban Consumers grew 9.1% in the year that ended in June 2022.
If the CPI increases, it indicates that the average rate of change in price over time has increased. Over time, this results in modifications to the cost of living and income (presumably so that income is adjusted to meet a higher cost of living). Indexation is the name given to this procedure.
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what type of contract exists when at least one party has the option of canceling it?
Voidable contract exists when at least one party has the option of canceling it.
A contract is an agreement among events, developing mutual responsibilities that are enforceable by way of regulation. The primary factors required for the settlement to be a legally enforceable contract are: mutual assent, expressed by way of a legitimate provide and recognition; good enough attention; ability; and legality.
A agreement may be described as an agreement verified by way of law under segment 2(h) of the Indian settlement Act, I872. in step with section 2(e) of the Act, an settlement is “every promise and each set of guarantees forming consideration for each different.”
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a consumer magazine published by a retail business for readers having demographic characteristics similar to those consumers with whom it typically does business is
A consumer magazine published by a retail business for readers having demographic characteristics similar to those consumers with whom it typically does business is Brand Magazine.
What is a brand magazine?A branded magazine is a manner for an organization to marketplace its services or products through offering readers with original, enticing content material as a way to encourage and inform. The content material gives cost to the target market and frequently foregrounds the brand`s services or products in a way of life context, enticing with readers who can see their personal lives pondered withinside the content material.
Branded magazines can shape a crucial a part of your content material advertising and marketing approach on the subject of the retention and loyalty stop of the income funnel. They are a powerful manner of growing a dating among manufacturers and their target market and might regularly convey collectively actual and virtual global activities in a single place.
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how to do this questions?
The Net Income for 2018 after all income and money used will be $320.40.
Total Sales = $3,060
Receiving goods price =$ 1,800
Total Money used = $600
Earnings before = $660
Money used = $126
Earnings before =$ 534
40% =$ (534 × 40%)
=$ 213.60
Net Income for 2018 = $320.40
What is Net Income?
The amount earned by an individual or business after costs, allowances, and taxes is referred to as net income. Net income is the amount that remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid. Net income is the amount that a person keeps after paying taxes, health insurance premiums, and retirement contributions.
So, The correct option is C.
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at which rate is total utility increasing: a constant rate, a decreasing rate, or an increasing rate? how do you know?
The total utility is increasing at a decreasing rate.
As we consume more and more of the same good , utility from that good goes on decreasing. This phenomena shows us that total utility will increase but at a decreasing rate. Total utility is the total amount of satisfaction or fulfillment a consumer experiences as a result of using a particular good or service. Marginal utility, or the satisfaction a consumer has from consuming one more unit of an item or service, is sometimes contrasted with total utility. The law of diminishing marginal utility states that overall utility increases at a decreasing rate as marginal utility declines. The slope of the total utility curve is determined by marginal utility, which is the rate of change in total utility.
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You are to enter up the necessary Ledgers for the month of June from the following details, and then balance off the accounts and extract a trial balance as at 30th June 2021 Started firm with capital in cash Kshs. 750,000 Bought goods on credit from F. Kamau Kshs.16200, K. Musioka Kshs. 26100, G. Mutiso. Kshs.7500, M. Kim 22800 and F. Njoroge Kshs. 19200 Sold goods on credit to M. Coke Kshs.12000, T. Big Kshs. 18600 and K. Ngai June 1: June 2: June 4: June 6: June 9: June 10: June 12: June 15: June 18: June 21: June 30: Kshs. 52800 Paid rent by cash Kshs. 3600 M. Coke paid us his account by cheque Kshs. 12900 H. Muigai paid us Kshs. 45000 by cheque We paid the following by cheque G. Mutiso Kshs. 7500, F. Kamau Kshs. 6200 Paid carriage by cash Kshs. 6900 Bought goods on credit form K. Musioka Kshs. 129, M. Kim Kshs. 33000 Sold goods on credit to T. Big Kshs. 20100 Paid rent by cheque Kshs. 5400
1) The ledger accounts for June 2021 are:
CashDate Account Titles Debit Credit
June 1: Capital Kshs.750,000
June 6: Rent Expenses Kshs. 3,600
June 9: Accounts Receivable:
M. Coke 12,900
June 10: H. Muigai 45,000
June 12: Accounts Payable:
G. Mutiso 7,500
F. Kamau 6,200
June 15: Freight Expenses 6,900
June 30: Rent Expenses 5,400
June 30: Balance Kshs. 778,300
CapitalDate Account Titles Debit Credit
June 1: Cash Kshs.750,000
InventoryDate Account Titles Debit Credit
June 2: Accounts Payable Kshs.91,800
June 18: Accounts Payable 162,000
June 30: Balance Kshs. 253,800
Accounts PayableDate Account Titles Debit Credit
June 2: Inventory Kshs. 91,800
June 12: Cash Kshs. 13,700
June 18: Inventory 162,000
June 30: Balance Kshs. 240,100
Accounts ReceivableDate Account Titles Debit Credit
June 4: Sales Revenue Kshs. 83,400
June 9: Cash Kshs. 12,900
June 10: Cash 45,000
June 21: Sales Revenue 20,100
June 30: Balance Kshs. 45,600
Sales RevenueDate Account Titles Debit Credit
June 4: Accounts Receivable:
M. Coke Kshs.12,000
T. Big 18,600
K. Ngai 52,800
June 21: T. Big 20,100
June 30: Balance Kshs. 103,500
Rent ExpensesDate Account Titles Debit Credit
June 6: Cash Kshs. 3,600
June 30: Cash 5,400
June 30: Balance Kshs. 9,000
Freight ExpenseDate Account Titles Debit Credit
June 15: Cash Kshs. 6,900
2) A trial balance follows:
Trial BalanceJune 30, 2021
Account Titles Debit Credit
Cash Kshs. 778,300
Capital Ksh. 750,000
Inventory 253,800
Accounts Payable 240,100
Accounts Receivable 45,600
Sales Revenue 103,500
Rent Expenses 9,000
Freight Expenses 6,900
Totals Kshs. 1,093,600 Kshs. 1,093,600
What is a trial balance?A trial balance lists the ending balances from the ledger accounts to provide a summary that helps to ensure that the two sides are equal.
When the debits and credits do not agree, there will be the need for further checks and balances and correction of errors.
Transaction Analysis:June 1: Cash Kshs.750,000 Capital Kshs.750,000
June 2: Inventory Kshs. 91,800 Accounts Payable F. Kamau Kshs. 16,200, K. Musioka Kshs. 26,100, G. Mutiso. Kshs.7500, M. Kim 22,800 F. Njoroge Kshs. 19,200
June 4: Accounts Receivable M. Coke Kshs.12,000, T. Big Kshs. 18,600 and K. Ngai Kshs. 52,800 Sales Revenue Kshs. 83,400
June 6: Rent Expenses Kshs. 3,600 Cash Kshs. 3,600
June 9: Cash Kshs. 12,900 Accounts Receivable: M. Coke Kshs. 12,900
June 10: Cash Kshs. 45,000 Accounts Receivable: H. Muigai Kshs. 45,000
June 12: Accounts Payable: G. Mutiso Kshs. 7,500, F. Kamau Kshs. 6,200 Cash Kshs. 13,700
June 15: Freight Expenses Kshs. 6,900 Cash Kshs. 6,900
June 18: Inventory Kshs. 162,000 Accounts Payable: K. Musioka Kshs. 129,000 M. Kim Kshs. 33,000
June 21: Accounts Receivable: T. Big Kshs. 20,100 Sales Revenue Kshs. 20,100
June 30: Rent Expenses Kshs. 5,400 Cash Kshs. 5,400
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Which of the following is NOT an example of a liability?
O Cash
O Equipment loans
O Charge accounts
O Rental fees
According to the given information Cash is NOT an example of a liability.
The correct option is A.
What liabilities mean?Payables, wages, and taxes are examples of current liabilities, which are sums owed for ongoing costs. Current obligations will include payments on long-term debt due in the following year. A company records the following in a liability account, which is a general ledger account as a result of commercial transactions.
Why liability is credited?Liability accounts are parts of the company's books that display its debt. When a liability account is debited, the quantity owed by the company is reduced (i.e., the liability increases), and when a liability bank is credited, the amount owed by the company develops (i.e. increases the liability).
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The complete question is -
Which of the following is NOT an example of a liability?
A- Cash
B- Equipment loans
C- Charge accounts
D- Rental fees
5. Due to a recession, expected inflation this year is 3%, and 3.25% in year 2. However, the inflation rate in year 3 and thereafter is expected to be constant. Assume the expectations theory holds and the real risk-free rate is 2.5%. If the yield on 4-year T-bond equals 1-year bond plus 2%, what is the inflation rate after year 2?
The expected inflation, and the bond yields for the 4 year treasury bonds as well as the risk free rate mean that the inflation rate after year 2 is 6.88%.
What is the inflation rate?The inflation rate refers to the rate by which the prices of goods and services are increasing in an economy.
When given the bond yields in various years, you can be able to find the inflation rate if the expectations theory holds.
In this case, find the Yield on the 1 year treasury bond first. This can be found as:
= Risk free rate + Inflation premium
= 2.50% + 3.00%
= 5.5%
The inflation premium for the 4 year treasury bond needs to be found as:
= Yield on 4 year T-bond - Risk free rate
= 7.50% - 2.5%
= 5%
The inflation for the years after year 2 and onwards is therefore:
= (20% - 6.25%) / 2
= 13.75% / 2
= 6.88%
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Consider the perfectly competitive market for pineapples which is in a long run equilibrium. Now income increases (we may assume pineapples are a normal good). As a result we could expect that.
A. The short-run quantity for each firm stays the same
B. The long run quantity produced by each firm stays the same
C. The long run product for each firm increases
D. The short run products remain the same
Given the following hypotheses:
H0: μ ≤ 11
H1: μ > 11
A random sample of 10 observations is selected from a normal population. The sample mean was 18 and the sample standard deviation 4.2. Using the 0.01 significance level:
a. State the decision rule. (Round your answer to 3 decimal places.)
b. Compute the value of the test statistic. (Negative answers should be indicated by a minus sign. Round your answer to 3 decimal places.)
c. What is your decision regarding the null hypothesis?
Using the t-distribution, it is found that:
a. The decision rule is:
t < 2.821: Do not reject the null hypothesis.t > 2.821: Reject the null hypothesis.b. The test statistic is: t = 5.27.
c. The decision is to reject the null hypothesis, due to the test statistic being greater than the critical value.
Decision ruleWe have a left-tailed test, as we are testing if the mean is greater than a value, with a significance level of 0.01 and 10 - 1 = 9 degrees of freedom, hence the critical value is t = 2.821 and the decision rule is:
t < 2.821: Do not reject the null hypothesis.t > 2.821: Reject the null hypothesis.Test statisticThe test statistic is given by the equation presented as follows:
[tex]t = \frac{\overline{x} - \mu}{\frac{s}{\sqrt{n}}}[/tex]
The parameters of the equation are described as follows:
[tex]\overline{x}[/tex] is the sample mean.[tex]\mu[/tex] is the value tested at the null hypothesis.s is the standard deviation of the sample.n is the sample size.In the context of this problem, the values of these parameters are given by:
[tex]\overline{x} = 18, \mu = 11, s = 4.2, n = 11[/tex]
Hence the test statistic is:
[tex]t = \frac{\overline{x} - \mu}{\frac{s}{\sqrt{n}}}[/tex]
[tex]t = \frac{18 - 11}{\frac{4.2}{\sqrt{10}}}[/tex]
t = 5.27.
Hence, the decision is to reject the null hypothesis, as the test statistic has a greater value than the confidence level.
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you purchased a microsoft bond for $500, which promises to pay you 5% interest. if the market interest rate is currently 4% and you want to sell your bond. what price can you expect to receive for this bond?
Zero Coupon Bonds Let's say we have a zero coupon bond (a bond which does not provide any coupon installment amid the life of the bond but offers at a markdown from the standard esteem) developing in 20 a long time with a confront esteem of $1,000.
In this case, the bond's esteem has diminished after it was issued, clearing out it to be bought nowadays at a showcase rebate rate of 5%.
How to Calculate PV of a Diverse Bond Sort With Excel
A bond may be a sort of credit contract between an backer (the vender of the bond) and a holder (the buyer of a bond). The backer is essentially borrowing or bringing about a obligation that's to be reimbursed at "par value" completely at development (i.e., when the contract closes). Meanwhile , the holder of this obligation gets intrigued installments (coupons) based on cash stream decided by an annuity equation. From the issuer's point of see, these cash installments are portion of the taken a toll of borrowing, whereas from the holder's point of see, it's a advantage that comes with acquiring a bond.
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Caitlin is meeting with a business advisor to discuss how she should structure the ownership of her new business. When the advisor asks Caitlin if she’s prepared to pay any potential debts out of her own pocket, she tells him that she is unsure. Before deciding which ownership structure would be best for her business, Caitlin must determine the level of _____ she is willing to take.
A. profits
B. continuity
C. risk
D. capital needs
Before deciding which ownership structure would be best for her business, Caitlin must determine the level of risk she is willing to take. The correct alternative is letter c.
What are management risks?Risks correspond to different events that can occur in a business, which can have positive or negative consequences for an organization. Some external risks, for example, can be associated with the economy, which is capable of directly influencing a company.
The business structure is capable of potentiating the risks or not, since some business structures, the risk of bankruptcy for example, is separate from the individual and legal entity.
Therefore, it is essential for the entrepreneur to identify the negative risks associated with and inherent to a business structure in order to choose the most aligned with their profile and objectives.
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The marketing plan includes all of the following EXCEPT
O tools that will be used to reach the customer.
a media plan for specific marketing tools.
O the location strategy for the business.
O the market niche.
the business's identity.
The apt response is choice (e). All of the following—APART from the company's identity—are part of the marketing strategy.
Describe a marketing plan.A marketing strategy defines your target market, the best ways to communicate with them, and analytical insights that will inform your future approach. For businesses to coordinate their campaigns and effectively gauge their effectiveness, a complete marketing plan is required.
A marketing plan could be a part of a larger company plan. For a marketing plan to succeed, it needs to be well-written and have a solid foundation in marketing strategy. While a marketing plan may include a to-do list, it is of little use to a business without a strong strategic foundation.
What are the five marketing strategies?The five marketing Ps—Product, Price, Promotion, Place, and People—serve as a framework for marketing initiatives and help keep marketers focused where they should be.
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when evaluating how much to produce, increase the quantity produced if the marginal benefit of an additional item is _____ the marginal cost of the additional item.
If the marginal benefit of an extra item is greater than or equal to the marginal cost of the additional item, raise the quantity produced when determining how much to produce.
The difference in total production costs caused by creating or producing one extra unit is known as the marginal cost in economics. Divide the variation in production costs by the variation in quantity to determine marginal cost. Finding the point at which an organisation can realize economies of scale to improve production and overall operations is the goal of marginal cost analysis. The producer may make money if the marginal cost of producing one extra unit is less than the price per unit.
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One of the disadvantages of global joint ventures is that, unlike licensing and franchising, they do not help companies to avoid tariff and nontariff barriers to entry.
a. True
b. False
"One of the disadvantages of global joint ventures is that, unlike licensing and franchising, they do not help companies to avoid tariff and nontariff barriers to entry." This statement is False.
Franchising is grounded on a marketing conception that can be espoused by an association as a strategy for business expansion.
Franchising is a type of agreement that entails reproducing a successful business model across multiple locales. As the business proprietor and franchisor, you would produce a ballot agreement to begin the process and move toward opening a new franchise
.Franchising is a business relationship between two realities wherein one party allows another to vend its products and intellectual property. For illustration, several fast food chains like Domino's and Mcdonald's operate in India through franchising.
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Sofia makes $120 a day as a bank clerk. She takes two days off work without pay to fly to another
city to attend the concert of her favorite band. The cost of transportation and lodging for the trip is
$300. The cost of the concert ticket is $80. The opportunity cost (not total cost) of Sofia's decision
to attend the concert is
$240.
$620.
$380.
$300.
Respuesta:La respuesta es 380
Explanation: Porque,en el problema nos plantea ¿Cuánto gasta si viaja más la entrada? Pero somos dice,no pongas el total gastado,se refiere a que no sumemos los días no pagados
Además que no nos dice si ya le pagaron entonces no tiene un ahorro.
the income statement ______.
The income statement is financial statements. Along with the balance sheet and the cash flow statement, the income statement is one of the three key financial statements that summarize a company's operating results for a given accounting period.
The revenue, costs, profits, and losses incurred by a corporation over a specific time period are the main topics of the income statement. An equation can be used to determine a company's net profit or loss for a given time period by plugging the expenses, income, gains, and losses from the income statement into the equation.
The timely decision-making required to uphold your company's financial stability is made easier with the help of this information. Revenues - Expenses = Net Income is the fundamental equation for an income statement. This simple equation determines whether the company is profitable. In a productive firm, sales must exceed expenses.
When you apply for business loans or seek investor interest, you must provide an income statement. The income statement displays the company's historical profitability and is also used to forecast future profitability, which reveals the company's capacity to pay back loans.
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