If a corporation is working on the factor of tangency among an isoquant and an iso-cost line, its manufacturing is: each technically and economically efficient.
The required details for isoquant in given paragraph
Since the corporation is on an isoquant, it can not produce the identical quantity of output with fewer inputs, and so it's miles technically efficient. Since any motion alongside the isoquant will growth expenses with out converting output, the corporation is likewise economically efficient. An isoquant curve is a concave-fashioned line on a graph, used within side the have a look at of micro economics, that charts all of the factors, or inputs, that produce a unique stage of output. This graph is used as a metric for the have an impact on that the inputs—maximum commonly, capital and hard work—have at the available stage of output or manufacturing. The isoquant curve assists corporations and corporations in making changes to inputs to maximize manufacturing, and for that reason profits.
Most typically, an isoquant suggests combos of capital and hard work, and the technological tradeoff among the two—how a whole lot capital might be required to update a unit of hard work at a sure manufacturing factor to generate the identical output.
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Answer:
The below statements in quote are missing from the question.
“The advertised CD renewal rate is 6.13 percent. Antonio knows the in-store financing costs would not affect his taxes but he knows he’ll pay taxes (25% federal and 5.75% state) on the CD interest earnings. Should he cash the CD or use in-store financing? Why?”
Antonio should cash in the CD to pay for the golf clubs rather than opt for in-store financing arrangement,because after tax rate of CD is 4.25% which less than the cost of in-store financing at 5.23%
Explanation:
The interest on CD before tax deductions is 6.13%
Total tax percentage due Federal and State governments = 25% + 5.75% = 30.75%
After tax rate of CD = 6.13%(1 - .3075) = 4.25%
Answer:
<em>Please see explanation</em>
Explanation:
1. Commitment : A contractual obligation to carry out a transaction at specified terms in the future. Material commitments should be disclosed in the financial statement.
2. Contingent liability: a possible liability stemming from past events, that would be resolved as to the existence and amount by some future event.
3. General risk contingency: An element of the business environment that involves some risk of a future loss. Examples include the risk of accident, strike, price fluctuations, or natural catastrophe. General risk contingencies should not be disclosed in financial statements.
4. Iron curtain approach: An approach to making materiality judgments that quantifies the total likely misstatement as of the current year-end based on the effects of reflecting all misstatements (including projecting misstatements where appropriate) existing in the balance sheet at the end of the current year.
5. Known misstatements: Specific misstatements identified by the auditor during the course of the audit.
6. Likely misstatements: Misstatements identified by the auditor during the course of the audit that are due to either extrapolation from audit evidence or differences in accounting estimates.
7. Loss contingency: A possible loss, stemming from past events that will be resolved as to the existence and amount by some future event.
8. Rollover approach: An element of the business environment that involves some risk of a future loss.
Answer:
rise, fall
Explanation:
Money supply refers to the total value of money in the form of currency and other liquid instruments available in an economy.
It includes cash, coins, and other near money substitutes.
Money supply is measured as it influences various activities taking place all around us in the economy.
A larger money supply leads to <u>fall</u> in interest rates. As a result, the prices of those short-term financial assets will <u>rises.</u> Conversely, smaller money supplies leads to rise in interest rates which in turn leads to fall in prices of the short-term financial assets.
Answer: Option (E)
Explanation:
Merger strategies are usually undertaken by an organization in order to form a strategic merger with several other organizations so as to accelerate the growth, instead of growing organically. Acquisition strategy tends to involves the finding methodology for acquisition of the target organization which generates the value for acquirer.
