BUS 475 Final Exam - SET 1 / 100% correct answers / A+ http://www.homeworkmarket.com/content/bus-475-final-exam-set-1-100-correct-answers 1) Which one of the following items is not generally used in preparing a statement of cash flows? A. Adjusted trial balance B. Comparative balance sheets C. Additional information D. Current income statement 2) One of Astro Company's activity cost pools is machine setups, with estimated overhead of $150,000. Astro produces sparklers (400 setups) and lighters (600 setups). How much of the machine setup cost pool should be assigned to sparklers? A. $150,000 B. $60,000 C. $90,000 D. $75,000 3) Of the following companies, which one would not likely employ the specific …show more content…
The names given to these market structures are __________. A. perfect competition and monopolistic competition B. duopoly and imperfect competition C. duopoly and triopoly D. monopolistic competition and oligopoly 16) Lekeisha's income exceeds her expenditures. Lekeisha is a __________. A. borrower who demands money from the financial system B. borrower who supplies money to the financial system C. saver who supplies money to the financial system D. saver who demands money from the financial system 17) A tax on an imported good is called a __________. A. supply tax B. trade tax C. tariff D. quota 18) Lucy starts her own psychiatric practice, but her expenditures to open the practice exceed her income. Lucy is a __________. A. borrower who demands money from the financial system B. borrower who supplies money to the financial system C. saver who supplies money to the financial system D. saver who demands money from the financial system 19) One characteristic of an oligopoly market structure is: A. firms in the industry have some degree of market power. B. firms in the industry are typically characterized by very diverse product lines. C. the actions of one seller have no impact on the profitability of other sellers. D. products typically sell at a price that reflects their marginal cost of production. 20) When, in a particular market, the law of demand and the law of supply both apply, the
d. Calculate the price elasticity of demand in each market and discuss these in relation to the prices to be charged in each market.
Select an existing production organization. Analyze the organization’s current vision, mission, business strategy, operation strategy, supply chain, total quality management, just-in-time philosophy, forecasting method, statistical technique, facility location, work design, project life cycle, and project management. Note: You will need this information in order to complete this and subsequent assignments.
Advantages of Doing Business in China: As mentioned previously, there are many organizations around the whole world that perform their business in China. They do business in China due to the fact that China has a reliable market. It is also expected that the organizations doing business in China will continue to grow. Some advantages of doing business in China are that it is a major emerging market around the world. Also there are a lot of opportunities for organizations to invest in China for a longer period of time due to expanding of technology and
The net of interest holds them fast, requiring them to sell their time and energies to meet the demands of creditors. They surrender their freedom, becoming slaves to their own extravagance.
What type of operations focus on products in the early stage of the life cycle?
10. A segment of a business enterprise is to be reported separately when the revenues of the segment exceed 10 percent of the
In spite of the fact that a few individuals are hesitant to touch their reserve funds, there is some rationale to trading in for spendable dough bank accounts with low rates of return so as to pay off obligation gathering high rates of interest. By and large, the rate of interest being accumulated on loans far out paces the rate at which the bank account develops notwithstanding when considering new deposits being added to the investment account. Borrowers may have the capacity to determine their troubles with the loan specialist and pay off obligation before installment histories begin to have a genuine negative impact on their credit
In the financing market, there is an important need to balance the powers between lenders and borrowers. In this market, the borrowers are in a relatively weak position to negotiate the interest rates of their loans, being the party in need. Lenders, in accordance to the law of supply and demand, can strategically withhold money supply to increase demand and interest rates. Historically, government regulators ensured, through usury laws, that consumers were protected against financial predators (Bowsher, 1974). However, the current trend in the financing market has moved steadily towards loosening the usury laws and allowing the markets to dictate interest rates. This paper will attempt to understand this trend through a series of six questions and answers.
Lender – is the financial institution that approves the borrower loan application in order to acquire the home. In most cases the lenders are the financial victims.
Which of the following do not typically engage in transactions with a company and thus are not essential for its survival?
Almost all people who are facing some sort of financial crisis. The excessive economic and employment without inflation is high, it will cause problems. What really makes things more complicated is that a bad credit score. A large number of people today have difficulty erase their debts on time. Consequently, the credit score is hit, that puts them in a situation in which it will be difficult. How short of funds, apply for financial aid does not seem feasible, due to low ratings. Despite these problems, there are still ways in which adequate
Lenders (issuers of financial securities) can supply funds to the borrowers (investors in financial securities), who are mainly firms, governments and households, either through financial markets, or through banks and other financial intermediaries such as mutual funds. These investment companies pool the funds of market participants and use them to buy a portfolio of securities. Investors therefore hold the financial claims issued by these intermediaries, meaning they have made indirect investments. Lewis (2016) argues that almost all transactions between issuers and investors require financial intermediaries, even in the
“The Ascent of Money” video series is a quick overview of the history of money, currency and financial markets development. According to Harvard University Professor Neil Ferguson, money is a relationship built on trust between the lender and the borrower. Money can take many forms like clay, different goods, bonds, stocks, coins or paper bills. It causes greater threat to our prosperities. It is one of the tools of business that can “make us or break us.” Most of our money we do not even see, as majority of transactions are done electronically, and yet we still trust that it will hold its value. Our civilization is based on borrowing and lending of money. Without the credit, the economic history of the world would be impossible. With the assistance of these videos, we can better understand the sources leading to financial crisis and warn new investors of cheap credit, overpriced housing market, and financial firm’s mismanagement consequences.
According to Gwartney, J. D. (2009), the concept of loanable funds is defined as the amount of money that is available in the economy in form of savings and can be lent out to borrowers as investment rather than utilize for personal consumption. The loanable funds market is market that brings together both the borrowers and savers and also avail the money available in commercial banks and other leading institutions. The savers work in the loanable funds market by supplying the loanable funds through buying bonds and other securities and giving money to the issues of these securities. On the other hand, the borrowers