Cheers Inc. operates as a partnership. Now the partners have decided to convert the business into a regular corporation. Which of the following statements is CORRECT? a. Cheers will now be subject to fewer regulations. b. Cheers' shareholders (the ex-partners) will now be exposed to less liability. c. Cheers' investors will be exposed to less liability, but they will find it more difficult to transfer their ownership. d. Assuming Cheers is profitable, less of its income will be subject to federal income taxes. e. Cheers will find it more difficult to raise additional capital.
Answer: The correct answer is "b. Cheers' shareholders (the ex-partners) will now be exposed to less liability.".
Explanation: The statement "b. Cheers' shareholders (the ex-partners) will now be exposed to less liability." is CORRECT because former partners (when the company operated as a company) now become shareholders (because the company functions as a regular corporation) and they are exposed to less liability in situations where the corporation is a debtor.
A study found that, among addicted smokers, a 10 percent increase in the price of cigarettes resulted in a 2 percent decrease in quantity demanded. For these consumers, cigarettes have a(n) ________ price elasticity demand.
Price elasticity of demand (PED) is the proportional change in quantity demanded of a good or service if the price changes by 1%. The PED is calculated by dividing the percentage change in quantity demanded by the negative percentage change in price.
PED = -2% / -10% = 0.2 inelastic
If PED > 1, elastic demand
If PED < 1, inelastic demand
If PED = 1, unitary demand
"Many forms of online communication, such as e-mails, tweets, and the content of Web pages, requires short-form, concise writing. In two or three paragraphs, discuss how story telling might motivate short-form writing that can convey elements of a company’s or a product’s brand image online."
The advertising strategy before the internet was carried out on platforms such as radio, television and newspapers, which were the media that people most had access to. Currently, the internet is the main platform for advertising and interaction between companies and consumers. This is due to the ease and speed with which the flow of the internet happens, the messages are seen almost instantly and available in the palm of the hand, available from a smarthphone.
However, despite the ease of implementing marketing through social media, it is necessary for companies to adopt an advertising engagement strategy, the narrative must be summarized and contain essential traits that convey who the company is and what it wants to pass on to consumers , generating value and direct communication, making the message different and striking in a medium where there is different information every second.
Firm a is a new producer in the market for good x, which is characterized by linear demand and supply curves. initially, to attract customers, the firm prices its product low at $8 per unit. while the firm sells 1,000 units of the product at this price, there is a shortage in the market. this shortage can be cleared if price is increased to $10 per unit. the quantity demanded and supplied at this higher price will be 1,500 units.
In the case of an ethnocentric approach, it is possible that managers may make decisions that are ethically suspect because they do not understand the culture in which they are managing. A) True
The correct answer is B) False
An ethnocentric approach to management will precisely take into account the cultural characteristics of a particular ethnic group, therefore, the probability of a manager taking a decision that conflicts with the values of said ethnic group is lower.
For example, suppose that a pizza delivery firm wants to set up business in Italy. An ethnocentric approach would result in the avoidance of selling hawaian pizza in Italy, because Italians do not like that specific type of pizza.
Schuepfer Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 1,800 units are planned to be sold in March. The variable selling and administrative expense is $4.30 per unit. The budgeted fixed selling and administrative expense is $35,620 per month, which includes depreciation of $2,700 per month. The remainder of the fixed selling and administrative expense represents current cash flows. The cash disbursements for selling and administrative expenses on the March selling and administrative expense budget should be:
The cash disbursements for S&A should be: $40,660
Assuming all variable cost are paid in cash
35,620 fixed S&A
- 2,700 depreciation (non-monetary)
32,920 Cash disbursement for fixed cost
32,920 + 7,740= 40,660
Banks pay their customers interest on the money in their accounts for what reason? A. That money earns interest when the bank loans it out. B. They are sharing the bank's profits instead of paying dividends. C. The government sets a minimum interest rate for customers. D. They want to keep their customers happy so they'll be loyal. 2b2t
A. That money earns interest when the bank loans it out.
Banks pay their customers interest on the money in their accounts because that money earns interest when the bank loans it out.
Answer: A is correct for AP3X(:
Also what about 2b2t?
A? ________ is a? large-capacity, high-performance computer that can process large amounts of data very rapidly.
Which of the following actions might be part of a protectionist economic policy? a. reducing barriers to trade
b. signing free trade agreements
c. cutting tariffs on imported goods
d. establishing quotas on imports