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Lyla
BusinessBusiness
Characteristics of a corporation include

a. stockholders having unlimited liability.

b. direct management by the stockholders.

c. stockholders having limited liability.

d. stockholders choosing a board of directors.
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Esteban Lynch
BusinessBusiness
A firm with market power has an inverse demand curve of P = 450 - 5Q and marginal cost of MC = 40Q, where Q is measured in thousands. What is the deadweight loss from market power at the firm's profit-maximizing output level?

A. $280,000

B. $9,400

C. $22,500

D. $15,000
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Harley Meyer
BusinessBusiness
Dorothy decides that she would like to open and operate a day care facility in her neighborhood. As a result of questions and surveys, she determines a day care center is just what her town should have. She and her husband figure what it will cost to start and keep the center going. She then decides on activities, and finds and trains several assistants. What important step has Dorothy overlooked?

A. Determining and complying with licensing requirements

B. Developing a program

C. Determining and meeting start-up and maintenance costs

D. Determining the need for a center
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Guest
BusinessBusiness
Pavel is using the storyline approach in his presentation. He says that the coffee shop chain he works for faces the challenge of improving its customer service orientation. After describing a sandwich chain that is similar to his company in size and target market, he explains the specific approach to training that the sandwich chain implemented in order to improve customer service. What aspect of a business story does his explanation about the training program represent?

a. the problem

b. the resolution

c. the setting

d. the plot

e. the moral or lesson
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Felipe
BusinessBusiness
Helix Corporation produces prefabricated flooring in a series of steps carried out in production departments. All of the material that is used in the first production department is added at the beginning of processing in that department. Data for May for the first production department follow:

Percent complete

Units Materials Conversion

Work in process inventory, May 1 5,000 100 % 40 %

Work in process inventory, May 31 10,000 100 % 30 %

Materials cost in work in process inventory, May 1 $1,500

Conversion cost in work in process inventory, May 1 $4,000

Units started into production 180,000

Units transferred to the next production department 175,000

Materials cost added during May $54,000

Conversion cost added during May $352,000

Required:

Assume that the company uses the weighted-average method of accounting for units and costs. Determine the equivalent units for May for the first process.
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Turner
BusinessBusiness
Suppose Malcom makes a down payment when he applies for a car loan. Which statement is true?

A.

Interest charged for the loan will be calculated based on the price of the car minus the down payment.

B.

Interest charged for the loan will be calculated based on the price of the car plus the down payment.

C.

Malcom will not be charged interest on the loan because he made a down payment.

D.

Interest charged for the loan will be calculated based only on the down payment.

E.

Interest charged for the loan will be calculated based only on the price of the car.
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Sariah Levine
BusinessBusiness
7. The firm has an inventory period of 84.6 days, an accounts payable period of 43.2 days, and an accounts receivable period of 41.7 days. Management is considering an offer from their suppliers to pay within 10 days and receive a discount of 2 percent. If the new discount is taken, the accounts payable period is expected to decline by 30.4 days. What will be the new operating cycle given the change in the payables period
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Konnor
BusinessBusiness
2. A manufacturer conducts a concept test to predict market share for a new product. The product will only be introduced if first-year market share is expected to be at least 10%. Assume "preference" is a good predictor of market share. Any market share below 10% by the end of year 1 would be disastrous for the company. The product is tested against 2 existing, in-market products, with a sample of 200 consumers. 25 of them preferred this new product over the existing one. Should the product be introduced?
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Nina Hale
BusinessBusiness
A company borrows $38,000 with 7% interest on october 1, 2018. this amount plus interest is due on september 30, 2019. record the adjusting entry on december 31, 2018. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)
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Tom
BusinessBusiness
An automobile costs $60,000 when new and has accumulated depreciation of $35,000. Suppose the automobile is exchanged for a new automobile. The new automobile has a market value of $70,000 and we pay $45,000 in cash. Assume the exchange has commercial substance. What is the result of this exchange?
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Ryleigh Harmon
BusinessBusiness
The income elasticity for most staple foods, such as wheat, is known to be between zero and one. As incomes rise over time, what will happen to the demand for wheat? What will happen to the quantity of wheat purchased by consumers? What will happen to the percentage of their budgets that consumers spend on wheat? All other things equal, are farmers likely to be relatively better off or relatively worse off in periods of rising incomes?
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Jensen Sparks
BusinessBusiness
6. Asset 1 has an expected mean return of µ1 = 9%, standard deviation of its return is σ1 = 6%. Asset 2 has an expected mean return of µ2 = 14%, with a standard deviation of σ2 = 11%. The correlation coefficient between returns on these two assets is rho1,2 = - 1. If you invest all your financial wealth on a portfolio holding only these two assets such that w1 + w2 = 1. How should you choose weights w1and w2 such that the portfolio is risk free (i. e., σp = 0) ? In that scenario, what is your expected return on that portfolio, E (rp) ?
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Ashley Fry
BusinessBusiness
Kenzie Godfrey was a passenger in a taxi when it collided with a car driven by Dawn Altieri. Altieri had originally leased the car from G. E. Capital Auto Lease, Inc. By the time of the accident, she had bought it, but she had not fully paid for it or completed the transfer-of-title paperwork. Godfrey suffered a brain injury and sought to recover damages from the owner of the car that Altieri was driving. 1. Who had title to the car at the time of the accident? Explain
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Larsen
BusinessBusiness
What is a face to face channel
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Annalise Ferrell
BusinessBusiness
At year-end (December 31), Chan Company estimates its bad debts as 0.50% of its annual credit sales of $823,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $412 account of P. Park is uncollectible and writes it off as a bad debt. On June 5, Park unexpectedly pays the amount previously written off. Prepare the journal entries for these transactions.
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