Conjoint studies are run to understand how consumers make a. impressions. b. trade-offs. c. money. d. observations.

When he finishes entering his transactions, Malcolm realizes that his balance is incorrect. Assuming that Malcolm had no beginni

yulyashka [42]

Incomplete question. The full question read;

Malcolm has several receipts from recent transactions that he entered into his records. The receipts include an ATM receipt for an $80.00 deposit, a grocery store receipt for $25.50, and a paycheck deposit slip for $650.00.

When he finishes entering his transactions, Malcolm realizes that his balance is incorrect. Assuming that Malcolm had no beginning balance, what should his correct balance be?

Answer:

$704.50

Explanation:

First, we need to note which transactions are credit transactions, and which is a debit transaction. Remember, a credit transaction basically means a transaction that brings money into your account, while the latter is a transaction that takes money out of your account.

Malcolm's credit transactions:

ATM receipt for an $80.00 deposit

paycheck deposit slip for $650.00

Total: $730.

Malcolm's debit transactions:

grocery store receipt for $25.50

Total: $25.50

Substracting total debit transactions from credit transactions, Malcolm's correct balance would be = $704.50 ($730-$25.50).

8 0

3 years ago

Keynes rejected the view that lower wages would direct a recessionary economy back to full employment because

Lorico [155]

Answer: the options are added below:

A. market forces would quickly direct an economy back to full employment.

B. lower wages would cause the central bank to reduce the money supply and thereby prolong the recession.

C. lower wages would stimulate inflation and thereby prolong the recession.

D. powerful trade unions and large corporations made wages highly inflexible.

The correct option is D.

Explanation: A Trade Union is also known as a labour union and it is an association of workers in a particular trade, industry, or company that is created for the aim of negotiating improvements in wages and salaries, benefits, better working conditions, or social and political status through collective bargaining.

The view of Keynes is that the trade unions that have become powerful have, in conjunction with large corporations, made wages highly inflexible.

What this means is that they always make sure that there will be no supply of labor if the wages are low, therefore Keynes is of the view that lowering wages will not direct a recessionary economy back to full employment, rather, increasing the wages will ensure that the trade unions and large corporations supply labor and therefore increase employment.

3 0

3 years ago

Tanya Williams, the chief executive officer of Willister Computers, believes that the firm is currently best equipped to enter t

stira [4]

Answer:

foreign franchising

Explanation:

A system based on selling the right to replicate in overseas markets a profitable business format. The franchisor gives the franchisee exclusive rights to sell its goods or services in installed and fitted establishments as well as the right to use copyrights.

For international markets, the two main types of franchise agreements are:

1) Direct franchise agreement,

2) Master franchise agreement

4 0

4 years ago

Which of the following actions would an entity most likely take to hedge an investment in a foreign operation?A. Invest in the d

Masja [62]

Answer:

the answer would be C . Invest in the debt securities of another foreign entity with the same foreign currency as the operation being hedged.

Explanation:

8 0

3 years ago

A company uses the periodic average cost method to account for inventory. For the year, the company had the following beginning

labwork [276]

Answer:

The amount reported for ending inventory is incorrect because management used a simple average instead of weighted-average to calculate the unit cost of inventory for the year.

Explanation:

a. Using weighted-average

Number of units available for sales = 100 + 400 + 800 = 1,300 units

Cost inventory available for sale = (100 * $2,800) + (400 * $3,000) + (800 * $3,200) = $4,040,000

Periodic cost per unit = $4,040,000 / 1,300 = $3,107.69

Total periodic ending inventory = $3,107.69 * 300 = $932,307.69

b. Using simple average

Inventory cost per unit = ($2,800 + $3,000 + $3,200) / 3 = $3,000

Total ending inventory = $3,000 * 300 = $900,000

Decision

The correct ending inventory should be $932,307.69

Therefore, the amount reported for ending inventory is incorrect because management used a simple average instead of weighted-average to calculate the unit cost of inventory for the year.

4 0

3 years ago