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OverLord2011 [107]

3 years ago

7

The ___________ is the only price where quantity demanded is equal to quantity supplied.

1 answer:

zmey [24]3 years ago

6 0

<span>The equilibrium Price.</span>

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Which of the following criteria is necessary for every good meeting?

KengaRu [80]

It depends on what type of meeting it is tell me what type of meeting it is and then i might give you some things necessary :)

5 0

3 years ago

You are a consulting firm intern and your job is to help a client choose investment projects. Your client, RealEstate, is a youn

steposvetlana [31]

Answer:

(f)None

Explanation:

Pay back period is the no of years in which cost of investment is recovered in the form of cash flow.

Project with cash back period of two years is acceptable .

Project 1

initial outlay of fund = 100 million dollar

cash flow in first two years = 50+50 = 100 million dollar

so it is acceptable because it recovers the project cost in first two years .

Project 2

initial outlay of fund = 80 million dollar

cash flow in first two years = 40+45 = 95

so it is acceptable because it recovers the project cost in first two years .

Project 3

initial outlay of fund = 70 million dollar

cash flow in first two years = 30+40 = 70

so it is acceptable because it recovers the project cost in first two years .

Project 4

initial outlay of fund = 60 million dollar

cash flow in first two years = 30+40 = 70

so it is acceptable because it recovers the project cost in first two years .

Project 5

initial outlay of fund = 50 million dollar

cash flow in first two years = 30+25 = 55

so it is acceptable because it recovers the project cost in first two years .

So none will be rejected

8 0

3 years ago

Recall the components of internal control. identify the internal control weakness in this situation, and propose a way to corre

ale4655 [162]

Answer:

The internal control weakness includes:

1. The credit department receives incoming cash from the customers.

2. A credit department can pocket cash received from a customer and copies all remittance slips for the controller, then destroy the remittance slip.

3. The credit department can then write off customer's account as uncollectible, and the company will stop pursuing collection from the customers

Explanation:

To begin, it is important to understand the concept of Internal Control. Internal control can be generally understood as the procedures determined to ensure organization's objectives in efficiency and effectiveness, reliable financial reporting and compliance with existing organization's rules and regulations.

Hence, internal control is meant to strengthen the achievement of an organization's objectives. Thus, we have seen a number of weaknesses from the scenarios painted above. It must be stated that the weaknesses stem from the fact that the company receives incoming cash receipt from customers.

To avoid and prevent this, a company should have a cash go to a clocked box at the bank. With this, the weaknesses emanating from physical cash handling by the credit department will be eliminated.

Taking a critical look at the internal control procedures, it'll be observed that the policies adopted on cash receipt is one not generally in tune with best practices. Hence, to strengthen the control, a cash go to a clock box at the bank should be created to facilitate and encourage customers' deposits in the banks. Doing this will ensure the department rids of weaknesses emanating from this cash treatment, and point number 2 and 3 as stated above can be easily resolved.

6 0

3 years ago

Toby’s current marginal utility from consuming peanuts is 100 utils per ounce and his marginal utility from consuming cashews is

statuscvo [17]

Answer:

a. Toby is not maximizing his utility

b. Toby should reduce his spending on cashew and increase his spending on peanuts.

Explanation:

a. Is Toby maximizing his total utility from the kinds of nuts? If so, explain how you know.

Toby will maximize his utility when we have:

MUp/Pp = MUc/Pc

Where;

MUp/Pp = Marginal utility of peanut divided by price of peanut = 100/10 = 10

MUc/Pc = Marginal utility of cashew divided by price of cash = 200/25 = 8

From the above, Toby is not maximizing his utility. I am able to know this because MUp/Pp > MUc/Pc (i.e. 10 > 8). An Toby will only maximize his utility when MUp/Pp = MUc/Pc.

b. If not, how should he rearrange his spending?

Since MUp/Pp > MUc/Pc (i.e. 10 > 8), Toby should reduce his spending on cashew in order to increase MUc and increase his spending on peanuts reduce MUp until MUp/Pp = MUc/Pc.

3 0

3 years ago

The acquisition cost of a plant asset does not include multiple choice incidental costs, such as title fees, sales commissions,

Naddika [18.5K]

Answer:

The answer is ' repair costs resulting from damage to the plant asset while it was being unpacked'

Explanation:

The acquisition cost of a plant asset does not include repair costs resulting from damage to the plant asset while it was being unpacked. Why? - Because this doesn't lead to the improvement of the asset.

Acquisition costs comprise the commission paid, legal fees, cost of improving the assets and all necessary cost paid to get the assets running.

7 0

3 years ago