Answer:
Equilibrium price to be indeterminate from the information given, but equilibrium quantity to rise.
Explanation:
The recent rains resulted in an increase in demand for kayaks so the equillibrum quantity demanded will rise. Supply will also rise to meet the increased demand.
However we are unable to determine if the price will rise or fall with the given information.
Plastic is cheaper now so kayaks will also be cheaper. On the other hand increase in demand naturally causes an increase in price. So the cheaper price of kayaks will need to be compared with price increases as a result of increased demand to determine if equillibrum price will rise or fall.
Answer: $700,000
Explanation: Retained earnings is the amount of earnings left with the company after paying for dividends of common stockholders.
Retained earnings break even can be computed as follows :-
where,
retained earnings = net income (1- payout ratio)
= $525,000 (1 - 60%)
= $210,000
therefore,
=$700,000
Answer:
The correct answer is the third option: a concern that an advertisement will run near offensive material, embarrassing an advertiser and/or degrading their products or brands.
Explanation:
To begin with, the concept of <em>''content adjancency''</em> is known as the problem that many companies nowadays faces due to the new social networks that keep growing evey year. It consists in the situation where an advertiser or firm's concern is with the fact that if the advertisement will run near offensive material such that the company's name will suffer disadvantages due to the fact that their advertisement will be in those places and people might tend to relate them.
Answer:
D) Overhead was underapplied by $4,000.
Explanation:
Overhead is underapplied when the actual balance in the manufacturing overhead control account is larger than the balance in the applied manufacturing overhead account.
In this case, the balance of the manufacturing overhead control is $124,000 while the balance of the applied manufacturing overhead account is $120,000. This means that actual overhead costs were $4,000 higher than budgeted.
Answer:
Which of the following issues can be offered to the public under the 1933 Act?
1. An exempt security.
2. A security registered under the Act.
Explanation:
The security's act of 1933 was formulated and passed into law in 1933 to protect investors after the stock market crash of 1929. The law had two major objectives; to enable transparency especially in the financial statements so that investors can make decisions after considering all aspects and also to provide regulations against misrepresentation to discourage cases of fraud in the securities markets.
The security's act of 1933 provided legislation on the sale of securities which was initially governed by the state laws. The law required the companies to register with the Securities and Exchange Commission (SEC) for full disclosure to potential investors. The information is provided to SEC and the potential investors in the form of a prospectus and a statement of registration.
The following issues are including in what can be offered to the public under this act, namely;
1. An exempt security.
2. A security registered under the Act.
However, the SEC does not approve a prospectus therefor issue number three is not true.
