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3 years ago

When stock prices decline steadily, investors refer to the market as a ________ market.?

2 answers:

8 0

<span>Most would refer to it as a "Bear" market, as opposed to a "Bull" market when stocks are steadily increasing. </span>

goldfiish [28.3K]3 years ago

6 0

Answer: Bear market

Explanation: A bear market is a stock market that has a 20% correction from peak to trough. A bear market can be quick and sudden or prolonged. Bear markets are often, but not always, followed by bull markets.

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Products or services that may be sought as alternative solutions-such as purchasing tax planning software rather than paying a C

Mamont248 [21]

Answer:

The answer is substitute products.

Explanation:

Substitute products are defined as two or more products that can be used for the same function for the same consumer. We can say that the tax planning software is a form of substitute product since it provides the same function that a certified public accountant also does. Buyers product refer to good made by manufacturers that are sourced by buyers to be sold by a distribution company. Competitive alternatives have no specific meaning exclusive to the term; the same applies to rivalry products.

4 0

4 years ago

Harvey Corporation is studying a project that would have a ten-year life and would require a $450,000 investment in equipment wh

ElenaW [278]

Answer:

3 years

Explanation:

The formula to compute the payback period is shown below:

= Initial investment ÷ Net cash flow

where,

Initial investment is $450,000

And, the net cash flow = annual net operating income + depreciation expenses

= $105,000 + $45,000

= $150,000

Now put these values to the above formula

So, the value would equal to

= ($450,000) ÷ ($150,000)

= 3 years

5 0

3 years ago

Goshford Company produces a single product and has capacity to produce 105,000 units per month. Costs to produce its current sal

Salsk061 [2.6K]

Answer:

Net income= $4,836,200

Explanation:

Giving the following information:

Offer:

21,000 units for $77.4

An increase in variable cost= $7.6 per unit

Direct materials $ 12.50 $ 1,050,000

Direct labor 15.00 1,260,000

Variable manufacturing overhead 14.00 1,176,000

Fixed manufacturing overhead 17.50 1,470,000

Variable selling and administrative expenses 14.00 1,176,000

Fixed selling and administrative expenses 13.00 1,092,000

Totals $ 86.00 $ 7,224,000

First, we need to calculate the effect on the income of accepting the offer:

Effect on income= 21,000*77.4 - 21,000*(12.5 + 15 + 14 + 14 + 7.6)

Effect on income= 1,625,400 - 1,325,100

Effect on income= 300,300

Net income= 84,000*140 + 300,300 - 7,224,000

Net income= $4,836,200

6 0

3 years ago

What is Zimbabwe's most important export crop? a. corn c. coffee b. vanilla d. tobacco

liubo4ka [24]

I think it is D (tobacco)

Hopefully this helps.

8 0

4 years ago

Suppose tax rate on first $10,000 income is 0 percent; 10 percent on next $20,000; 20 percent on next $20,000; 30 percent on nex

vivado [14]

Answer:

Ans. Marginal Tax Family A=20% Marginal Tax Family B=40%

Average tax rate Family A=10% Average tax rate Family B=23%

Explanation:

Hi, first let´s clarify what marginal tax is:

Marginal tax: it is called marginal tax rate the highest percentage of income tax that somebody pays given its net income.

Since family A´s net income is 40,000, the last income fraction fits within the the 20% bracket, therefore, its marginal tax rate is 20%

On the other hand, Family B reaches the 40% bracket, so its marginal tax rate is 40%

Average tax rate

The best way to find the average tax rate is to calculate the weighted average of the taxes to pay times its tax rates, perhaps math can clarify this in a better way, check out the following equation for Family A.

$Average T.Rate=\frac{(10000x0+20000x0.1+10000x0.2)}{40000} =0.1$

0.1 means 10% (10/100) and 0.2 is 20%. Notice that the final value (10000x0.2) is because family A for its first 10K pays 0%, for the next 20K pays 10% and since the have already paid for 30K of their income, lastly they pay 10000x0.2 = 2000 for the remaining 10000 of net income.

In the case of Family B, this is what it should look like.

$Average T.Rate=\frac{(10000x0+20000x0.1+20000x0.2+30000x0.3+20000x0.4)}{100000} =0.23$

So, Family A´s average tax rate is 10% (0.1) and Family B 23% (0.23)

Best of luck.

3 0

4 years ago