Private solutions to externality problems are more likely to succeed when there are a small number of affected parties and clearly defined legal rights.
When there are only a few parties involved, it is easier to negotiate and reach a mutually beneficial agreement. Furthermore, when legal rights are well-defined, it becomes clearer who is responsible for what and how they can be held accountable.
On the other hand, high transaction costs and delays in the bargaining process can make it difficult to reach a solution. High prices for legal services may also deter parties from pursuing a private solution.
Finally, loosely defined legal rights may lead to confusion and disagreement over responsibilities, making it challenging to come to a resolution. Therefore, when there are clear legal rights and a small number of parties involved, private solutions to externality problems are more likely to succeed.
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A freelancer’s pay may vary from year to year.
True
False
Answer:
True, it can be the same
Sharon contributed property to the newly formed QRST Partnership. The property had a $100,000 adjusted basis to Sharon and a $160,000 fair market value on the contribution date. The property was also encumbered by a $90,000 nonrecourse debt, which was transferred to the partnership on that date. Sharon is treated as a general partner. She is allocated 30% of QRST's profits and 20% of QRST's losses. Sharon's basis in the partnership interest after the formation transaction is:
Answer: $37000
Explanation:
Sharon's basis in the partnership interest after the formation transaction is calculated below:
Adjusted basis of property to Sharon = $100,000
Less: Basis in mortgage = $90000 × (100% - 30%) = $90000 × 70% = $63000
Then, Sharon's basis in the partnership interest after the formation transaction will be:
= $100000 - $63000
= $37000
Each of the following would help prevent incorrect postings to the general ledger
in a computerized accounting system, except:
A. Validating the posting date of the transaction.
B. Restricting the ability to post directly to accounts with subsidiary ledgers.
C. Performing a range check on the general ledger account in the transaction
D. Establishing a unique transaction number for each general ledger posting.
To prevent incorrect postings to the general ledger, there are several measures that can be taken. One of them is restricting the ability to post directly to accounts with subsidiary ledgers. This is important because subsidiary ledgers contain detailed information about transactions that are specific to certain accounts, such as accounts receivable or inventory. The correct option is B.
By restricting the ability to post directly to these accounts, it ensures that transactions are properly recorded in the subsidiary ledger before being posted to the general ledger. Another measure that can be taken is establishing a unique transaction number for each general ledger posting. This helps to ensure that each transaction is recorded accurately and completely, and that there are no duplicates or omissions in the general ledger.
A unique transaction number can also help to identify and track individual transactions over time, which can be useful for auditing purposes. Overall, preventing incorrect postings to the general ledger is essential for maintaining accurate financial records and ensuring the integrity of financial reporting. By implementing measures such as restricting direct posting to subsidiary ledger accounts and using unique transaction numbers, companies can help to reduce errors and ensure that their financial statements are reliable and trustworthy. The correct option is B.
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If the united states exports $100 worth of diamonds to the kingdom of mocha and imports $80 worth of bows and arrows it has a(n)
Answer:
Trade surplus
Explanation:
In business when export is greater than import in monetary terms the situation is called trade surplus.
Trade surplus is a favorable situation in economics. The economic condition of a country is assumed to be better when the country has a trade surplus. The opposite situation in which import is greater than export is called trade deficit.
Synthesizing Suppose you were told that you would
earn $95,000 in 2020. Explain why this information
would say little about the standard of living you might
enjoy. What other information would you need before
you could evaluate how well you could live in 2020?
Answer:
The nominal earnings is only one side of the story. The thing that matters is what the earnings would be able to buy. Hence, we need to know how the prices are going to change, and what are is the expected inflation. If the inflation is very high, the same nominal money would be able to buy less goods and if the inflation is more, the same nominal money would be able to buy more goods.
Explanation:
The answer is the explanation
Before evaluating how well I could live in 2020, there are several other factors that need to be evaluated.
Evaluation for livingMany things need to be evaluated. These include the rise in price of every thing from food, petrol, and other basic necessities. It is important to note that what our earnings would be able to buy. Earnings will decide how better can we live in 2020.
Standard of livingStandard of living refers to the level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area. Standard of living is relevant because it is considered to contribute to an individual's quality of life.
Thus, many things need to be evaluated before deciding how well we are going to live in 2020.
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Financial accountants:_________
a) provide information to external entities that allows them to evaluate business performance.
b) summarize the company's production activities in a way that allows managers to make decisions.
c) have a primary focus on providing managers within the organization with reports to make good business decisions.
d) work with government lobbyists to push for more favorable accounting regulations.
Financial accountants—summarize the company's production activities in a way that allows managers to make decisions.
What are financial accounts?Financial accounts are the accounts that show the profit and loss, expenses and savings, assets and liability, debts and outstanding amount.
Financial accounts help the company to take the future decision that is based on the previous occurrence in the organization. Some of the financial accounts are cash flow statement profit and loss, balance sheet and others.
Thus, option B is correct.
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A used-car cost 5000. You figure you can get 4 years out of it. You drive 10000 miles per year. Your car insurance costs 1200$ per year. You figure you’ll spend 400$ per year on maintenance. Gas cost 3$ per gallon and the car gets 25 miles per gallon. What will be your average cost (all cost included) per mile over 4 years ?
Answer:
$0.405
Explanation:
The average cost per mile:
Cost per year:
Insurance : $1200
Gas At $3 per gallon: car performance is 25 miles per gallon. In one year, the car is driven for 10,000 miles.
Consumption per year = 10,000/25 x 3= $1200
maintenance $400
Cost for fours years
Car cost: =$5000
Insurance : $1,200 x 4 =$4,800
Gas costs: $1200 x 4 =$4800
Maintenance :$400 x 4 = $1600
Total costs for four years= $5000+ $4800+ $4800+$1600
=$16,200
Average cost per mile
=$16,200/ 40,000
=
The average cost per :
Cost per year:
Insurance : $1200
Gas At $3 per gallon: car performance is 25 miles per gallon. In one year, the car is driven for 10,000 miles.
Consumption per year = 10,000/25 x 3= $1200
maintenance $400
Cost for fours years
Car cost: =$5000
Insurance : $1,200 x 4 =$4,800
Gas costs: $1200 x 4 =$4800
Maintenance :$400 x 4 = $1600
Total costs for four years= $5000+ $4800+ $4800+$1600
=$16,200
Average cost per mile
=$16,200/ 40,000
=$0.405
Michael Jordan, retired NBA superstar, used his successes as an athlete to become a billionaire. What gains are entrepreneurs looking to make with each venture? A) Charitable Donations B) Increased Cash Flow C) Trial and Error D) None of these
Most new jobs in the United States will be in the _____.
Answer:
Service-producing industries :)
Explanation:
Explain the importance of leisure activities.
Answer:
leisure activities improve the productivity of people
Explanation:
if you feel stressed and then go to a water park, you will get less stressed right?
which word best describes the writing process in business writing ?
Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing
Under the Investment Advisers Act of 1940, cash payment to a broker-dealer from an investment adviser in return for client referrals is A) not permitted under any circumstances B) permitted with no restrictions C) permitted if the investment adviser makes certain disclosures to the clients and meets other requirements D) permitted if the investment adviser and broker-dealer are affiliated
Answer:
It's A.
Explanation:
An economy that using its resources to produce the maximum number of goods and services is described as? A. Efficient B.underutilized C.growing. D.trading off
Answer:
underutilized
Explanation:
diane is remodeling an apartment that she will rent out to a college student. the renovation is estimated to cost $6,890. if diane decides to install decorative crown molding in the apartment, the renovation is estimated to cost $7,490.
Diane is remodeling an apartment that she plans to rent out to a college student. The initial estimated cost of the renovation is $6,890.
However, if Diane decides to include decorative crown molding in the apartment, the estimated cost of the renovation increases to $7,490. Installing crown molding can enhance the visual appeal and elegance of a space. It can also add a touch of sophistication and improve the overall aesthetic value of the apartment.
However, it's important for Diane to consider whether the increased cost of the renovation is worth the potential benefits in terms of attracting tenants and potentially higher rental income. Ultimately, the decision to install decorative crown molding depends on Diane's priorities, budget, and the target market she wants to attract as tenants.
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Do you believe the government should play a role in speeding up or slowing down the economy
Answer:
Yes I do believe they should because it is important to speed up economy's rate of growth
How do savers benefit from capital markets?
Answer:
It also helping our country to become stable and giving a good position in economic compare to other country because if savers give more capital to the financial market the can used as a capital for borrowers to do their business to gain more profit to all of them,
Explanation:
Opinion
the opportunity cost of going to a movie is: the money spent on the ticket only. all of the other movies that could have been seen instead. the time spent in the theater only. the next best use of the time and the money spent.
the opportunity cost of going to a movie is: the total cash expenditure needed to go to the movie plus the value of your time.
What you forgo in order to get a thing is its opportunity cost. In this situation, the opportunity cost of attending a movie comprises both the overall cost of admission and the value of the time you forwent to see the film.
What is an example of opportunity cost?Opportunity costs give decisions that appear simple context. Think about the price of graduate school. By adding up the price of tuition, board, books, and other educational expenses over the necessary number of years at your top-choice university, you might theoretically calculate this cost. Let's zoom in though. What other options are there? First of all, you shouldn't even think about paying for room and board because you'll need to do so regardless of whether you go graduate school (unless you're moving back into your mother's basement). Additionally, by choosing to go graduate school, you forgo the money you would have earned had you chosen to start working after receiving your bachelor's degree.
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Suppose Monique is willing to pay up to $15,000 for a used Ford pick-up truck. If she buys one for $12,000, her economic ______ would be ______.
Because Monique is willing to pay $12,000 for the pick-up truck, her economic surplus would be $3,000 if she buys for that amount instead of $15,000.
What is an economic surplus?This refers to the gain obtained by a buyer after they purchase a product for a price that is less than the initial price.
Hence, the word "surplus" and "$3,000" is correct.
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The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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Which of the following is an output device? DVD-ROM Touchpad Hard drive Printer
The printer should be considered an output device.
The following information should be considered for an output device:
The output device is the device that transforms the information into a human-readable form. The example of the output devices includes monitor, printer, plotters, speakers, etc.Therefore we can conclude that the printer should be considered an output device.
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Tasia is using accrual accounting in QuickBooks and created a customer invoice.
Which account is debited when the invoice is created?
O Accounts receivable
O Sales of product income
O Owner's equity Checking account
O Miscellaneous income
When Tasia creates a customer invoice using accrual accounting in QuickBooks, the account that is debited is "Accounts receivable." (option a)
1. Tasia is using accrual accounting in QuickBooks, which means revenue is recognized when it is earned, regardless of when payment is received.
2. When Tasia creates a customer invoice, it signifies that a sale has been made, and the customer owes money to the business.
3. The account that tracks the amount owed to the business by customers is called "Accounts receivable."
4. Hence, when Tasia creates the customer invoice, the account that is debited is "Accounts receivable."
5. This debit entry increases the balance of the Accounts receivable account, reflecting the amount that the customer owes to the business.
6. On the other hand, the corresponding credit entry is made to the Sales of product income account, which represents the revenue earned from the sale.
7. The Sales of product income account is credited because revenue is being recognized as the sale is made, even if the payment is not received yet.
8. It is important to note that the Owner's equity Checking account and Miscellaneous income accounts are not directly affected when the customer invoice is created.
9. The Owner's equity Checking account represents the owner's investment in the business and is not directly related to the creation of customer invoices.
10. The Miscellaneous income account is typically used for recording small or irregular sources of income that do not fit into other specific income categories, and it is also unrelated to the creation of customer invoices in this context. Thus, the correct option is a.
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Question 7 of 10
Zack buys 40 shares of eBay at the close price of $20.95. His broker charges
him 4% of each share as a transaction fee. How much did Zack spend in total
to buy this stock?
A. $838.00
B. $871.52
C. $856.28
D. $891.46
The cost of each share is $20.95, and Zack buys 40 shares, so the cost of the shares is 20.95 * 40 = $838.00.
Zack's broker charges him 4% of each share as a transaction fee, so the total transaction fee is 0.04 * 20.95 * 40 = $33.28.
Therefore, the total cost of the transaction is $838.00 + $33.28 = $871.28.
The correct answer is B. $871.52.
synonyms for the simple rate of return are the blank rate of return and the blank rate of return. multiple choice question. cash flow, net accounting, cash flow accounting, unadjusted net, adjusted
The simple rate of return is also known as accounting and unadjusted rate of return.
What is Rate of Return?
The net gain or loss of an investment over a given time period, expressed as a percentage of the investment's starting cost, is known as a rate of return (RoR).
You determine the percentage change from the beginning of the period to the end when computing the rate of return.
Any type of investment instrument, including real estate, bonds, equities, and fine art, can be subject to a rate of return (RoR). Any asset can be used with the RoR as long as it is purchased once and generates cash flow at some point in the future.
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Question 1
If the projects are independent, the AW at the MARR is calculated. All the projects with AW equal or greater than zero are acceptable.
Question 1 options:
True
False
True. If the projects are independent, the Acceptance Criteria for the projects is based on calculating the Annual Worth (AW) at the Minimum Acceptable Rate of Return (MARR).
The MARR is the minimum rate of return that an investor requires from an investment to consider it acceptable. If the AW of a project is equal to or greater than zero, it is considered acceptable, as it will generate a positive return and meet the minimum acceptable rate of return. Therefore, if the projects are independent, the AW at the MARR is calculated, and all projects with an AW equal to or greater than zero are acceptable.
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A permanent storage place for records is called the
A permanent storage place for records is called the Archives.
An archive is a collection of historical documents or materials in any form, as well as the physical location where they are kept. Archives include primary source materials acquired during the lifespan of an individual or organization and are retained to demonstrate the function of that person or institution.
Professional archivists and historians often define archives as documents that have been developed organically and inexorably as a result of regular legal, commercial, administrative, or social operations. In general, archives are collections of records that have been chosen for permanent or long-term preservation due to their cultural, historical, or evidential importance.
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why can't food be used as a form of money?
Typically, food is perishable. People will refuse to take perishable food as payment for services if they already have plenty to eat.
Why food Cannot be used as a form of money?Even in the event of a complete economic collapse, it is more likely that people will start exchanging food for gold, silver, copper, or diamonds.
Since they already have all they need for eating, those who have access to abundance of food won't accept perishable food as payment for services.
Thus, Typically, food is perishable
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our self-talk consists of words pictures and emotions. as we imprint our affirmations we
Self-talk is your inner voice or the way you speak to yourself. Although you almost probably are doing it without realizing it, you almost certainly are. In order to produce an internal monologue throughout the day, this inner voice mixes conscious thoughts with ingrained beliefs and biases.
What are the four categories of self-talk?Your inner discourse is known as self-talk.
Personalizing. You own all of the guilt for yourself.
Magnifying.
Catastrophizing.
Polarizing.
What are the five tiers of one's own self-talk?Helm Stetter outlines the "Five Levels of Self-Talk" (Negative Acceptance, Recognition and Need to Change, Decision to Change, The Better You, and Universal Affirmation) and offers advice on how to navigate each level for significant life changes.
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the idea that alcoholism is a disease originated in a treatise by __________.
The idea that alcoholism is a disease originated in a treatise by E. M. Jellinek.
E. M. Jellinek, an American biostatistician and researcher, played a significant role in shaping our understanding of alcoholism as a disease. In 1960, Jellinek published a book titled "The Disease Concept of Alcoholism," which presented a comprehensive analysis of alcoholism as a medical condition rather than a moral failing.
Jellinek's work contributed to the shift in perception from viewing alcoholism as a moral weakness or lack of willpower to recognizing it as a complex disease with biological, psychological, and social factors.
Through his research and writings, Jellinek made important contributions to the understanding and acceptance of alcoholism as a disease, laying the groundwork for advancements in the treatment and support for individuals struggling with alcohol addiction.
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Which of the following usually offers money market funds?
A. A credit card company
B. An investment company
C. A life insurance company
D. A finance company
E. A payday loan company
The best option that usually offers money market funds is an investment company. Option B
What is money market funds about?Money market funds are regularly advertised by venture companies. These companies pool reserves from person speculators and contribute them in short-term, low-risk money related rebellious such as Treasury bills, commercial paper, certificates of store, and other cash advertise rebellious.
The essential objective of money market funds is to supply speculators with a steady esteem of their venture whereas creating wage through intrigued installments. They are considered generally secure ventures due to the center on short-term, low-risk securities.
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1) Summarize in your own words the various investment options: CDs, annuities, bonds, and stocks.
2) Why is it easier to use regression to predict the behavior of an index versus an individual stock?
3) How can you use an annuity to plan for retirement? Is this different from a 401(k) or an IRA?
Based on existing financial investment vehicles, the following is true:
1. CDs, Bonds, annuities, and stocks are all investment options that vary in various ways but can be used for earn returns.2. Regression is done on indexes because they are more predictable than stocks. 3. An annuity can be used to invest money over a sustained time period for use during retirement. Investment options availableCertificate of Deposits are investment vehicles that a bank offers which pays a high rate of interest. The only drawback is that this money is not to be touched for a long period of time.
Annuities are like insurance products where a person pays a certain amount regularly. This will then grow at a certain rate of interest and pay out overtime.
Bonds are debt instruments issued by governments and companies which allows them to owe people. They will pay out a certain interest amount periodically until they pay off the entire bond.
Shares are ownership interests in companies that entitle the holder to a share of the profits. They usually make a profit through long term gain.
Using regression on IndexRegression is best used on an instrument that has predictable performances. Stocks can be highly volatile so regression can fail at predicting their behavior.
Indexes on the other hand are more predictable because they are diversified and risk is reduced thereby allowing regression methods to predict their movement more accurately.
Using an annuity to plan for retirementYou can pay a certain amount every period to an annuity vehicle such as life insurance. This will grow overtime until you retire and then pay out periodically as a form of income.
It is different from 401(k) and IRA because there are no limits to the amount you can invest, and there are no ownership limits which means you can own it with your life partner.
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