Answer:
B) Jeremy is facing a moral, legal, and ethical decision.
Explanation:
Jeremy knows that what he is doing is not legal, since the legal limit for exhaust system noise is 95 decibels and he will alter the cars muffler so that it reaches 125. Besides that, he faces moral and ethical dilemmas because his business is not doing well and his son has just been diagnosed with cancer and he needs money and a lot of it.
Answer:
Bond's Current Yield 4.39%
Explanation:
The bond's current yield is calculated as below:
Bond's Current Yield = Annual Coupon Payment/Current Bond Price*100
Substituting values in the above formula, we get,
Bond's Current Yield = (100*4.30%)/97.85*100 = 4.39%
Answer: Equilibrium quantity of garden hoses after the tax is imposed is 85000.
Explanation:
Given that,
Dead weight Loss = $22500
Tax amount per unit (t) = $3
Equilibrium quantity before tax, 
= 1,00,000 units
Equilibrium quantity after tax, 
= ?
Dead weight Loss = 
22500 = 0.5 × 3 × (100000 - )
= 85000 units
∴ Equilibrium quantity of garden hoses after the tax is imposed is 85000.
Answer:
Ernst Consulting
Balance Sheet
For the Month Ended October 31, 202x
Assets:
Cash $12,650
Accounts receivable $12,800
Office supplies $2,850
Office equipment $17,530
Land $45,940
Total assets $91,770
Liabilities and stockholders' equity:
Accounts payable $8,110
Common Stock $83,540
Retained earnings $120
Total liabilities and stockholders' equity $91,770
Explanation:
I ordered the accounts and included a couple that were missing:
- Cash 12,650
- Accounts receivable 12,800
- Consulting revenue 12,800
- office supplies 2,850
- Land 45,940
- office equipment 17,530
- Accounts payable 8,110
- Cash dividends 1,570
- Common Stock 83,540
- Rent expense 3,110
- Salaries expense 6,490
- Telephone expense 850
- Miscellaneous expenses 660
First we need to determine net profit for the month:
Consulting revenue 12,800
Salaries expense -6,490
Rent expense -3,110
Telephone expense -850
Miscellaneous expenses -660
net profit = $1,690
retained earnings = net profit - dividends distributed = $1,690 - $1,570 = $120
Answer:
The correct answer is d.
Explanation:
The fallacy of composition consists in inferring that something particular is true, and that therefore it is also true about a whole, basing this only because it is true about one or more of its parts. For example, if we establish that a piece of metal can not break at high temperatures, therefore the machine of which it is part will not break at high temperatures.
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