Ask question

Ask question

All categories

3 years ago

15

Frank has saved $40.00 for concert tickets, but decides to buy a new pair of jeans instead. In this scenario, what do the concer

t tickets MOST LIKELY represent? a) capital b) scarcity c) opportunity cost d) decreased demand

1 answer:

sasho [114]3 years ago

3 0

D) decreased demand is the answer.

You might be interested in

kiruha [24]

Answer:

Consumers should not buy from companies that don't source materials

Explanation:

Companies should never have an excuse for not sourcing for their materials responsively and responsibly. They owe an ethical responsibility as well as a duty to offer their customers qualitative products at the best price and that is most sustainable to the environment.In recent times, through the widespread use of social media and the instrument of investigative journalism, it has been able to bring to the surface, the less than responsible activities of many companies in sourcing for their interest of the public and the environment.The 2006 movie "Blood Diamond" shows an avid description of how diamonds are mined and traded in the war-torn country of Sierra Leonne depicting the violation of Human and Child rights and how is excessively enriched diamond suppliers and companies.It is clear that many companies despite the public outcry for transparency in revealing their supply chain in sourcing for their materials still chose unorthodox practices. It therefore, falls on the consumers to spend their money responsibly and make smart and credible choices with their finances by refusing to buy from companies that are not transparent with their source materials.Consumers are the life-wire of any business and the hope of any business survival rests majorly on consumer satisfaction. Researches have shown that companies are no being accountable with the natural resources are utilized and have been used to cause serious harm to people and the environment. Since the companies manage to evade adequate regulations and responsibilities, it falls on the consumers to ensure that their money serves them to the greatest value.

8 0

3 years ago

Question 4 Ivanhoe Company reports the following information (in millions) during a recent year: net sales, $10,794.0; net earni

Inga [223]

Answer:

ROA = 0.08 or 8%

Asset turnover = 2.4

Profit Margin = 0.033 OR 3.3%

Explanation:

All of the above requirements can be calculated as follows according to their formula

Working

Average asset = (Assets at beginning + assets at end )/ 2

Average assets = (4025 + 4970 )/ 2

Average assets = $4497.5

Requirement A. Return on assets

ROA = Net Income / Average assets

ROA = $359.8 / $4497.5(w)

ROA = 0.08 or 8%

Requirement 2 Asset turnover

Asset turnover = Net Sales / Average assets

Asset turnover = $10,794 / $4497.5

Asset turnover = 2.4

Requirement 3 Profit Margin

Profit margin = Net income / Net sales

Profit margin = $359.8/$10,794

Profit Margin = 0.033 OR 3.3%

3 0

3 years ago

Which label appears on the button when you write the code snippet >undo

AfilCa [17]

Explanation:

Input is an interactive control in HTML. When you want to create check box, text box, password box, radio button, button, etc can be created by using <input> tag in HTML.

Attributes:

type: type of control

Name: the name of the control which would be used in the code

Value: it defines the caption / label of the button.

According to the given code snippet, a "button" would be created with the label "cancel".

3 0

3 years ago

Read 2 more answers

On January 1, 2018, Baddour, Inc., issued 10% bonds with a face amount of $168 million. The bonds were priced at $147.2 million

bagirrra123 [75]

Answer:

(A)Balance sheet

Bonds at September 30th

Bonds Payable 168,000,000

Discount on Bonds (20,152,000)

Interest Payable 12,600,000

Net 160,448,000

(B) Income Statment

Interest Expense 13,248,000

(C)Cash Flow Statment

Financing

Cash generate for Bonds issued 147,200,000

Explanation:

Jan 1st, 2018 168,000,000 face value

Issed at 147.2M for an effective rate of 12%

Discount of 20.8M

Bonds at September 30th

<em>accrued interest expense:</em> 147,200,000 x 12% x 9/12 = 13,248,000

<em>interest payable: </em>168,000,000 x 10% x 9/12 = 12,600,000

<em>amortization of Discount:</em> 648,000

7 0

3 years ago

The marginal product of labor in the production of computer chips is 3030 chips per hour. The marginal rate of technical substit

fredd [130]

Answer:

150

Explanation:

As we know that

The marginal rate of technical substitution (MRTS) = Marginal product of labor ÷ Marginal product of capital

where,

The marginal rate of technical substitution (MRTS) = 0.20

And, the marginal product of labor is 30 chips per hour

So, the marginal product of capital is

= 30 chips per hour ÷ 0.20

= 150

The marginal rate of technical substitution (MRTS) shows a relationship between the marginal product of labor and the marginal product of capital

5 0

3 years ago