Assume that the oil extraction company needs to extract Q units of oil (a depletable resource) reserve between two periods in a dynamically efficient manner. What should be a maximum amount of Q so that the entire oil reserve is extracted only during the 1st period if (a) the marginal willingness to pay for oil in each period is given by P = 33 - 0.5q, (b) marginal cost of extraction is constant at $3 per unit, and (c) discount rate is 1%?
Answers
The maximum amount of Q that should be extracted in a dynamically efficient manner is 60 units. To extract the entire oil reserve only during the 1st period, we need to find the maximum amount of Q that can be extracted in the 1st period without any oil left for extraction in the 2nd period.
To do this, we need to equate the marginal cost of extraction to the marginal willingness to pay for oil in the 1st period:
Marginal cost of extraction = Marginal willingness to pay
$3 = 33 - 0.5q
Solving for q, we get q = 60.
Therefore, the maximum amount of Q that can be extracted in the 1st period so that the entire oil reserve is extracted only during the 1st period is 60 units.
We also need to discount the marginal willingness to pay for oil in the 2nd period back to present value using the discount rate of 1%:
PV of marginal willingness to pay in 2nd period = (33 - 0.5q) / (1 + 0.01)
= (33 - 0.5(0)) / 1.01
= $32.67
If Q is greater than 60, some oil will be left for extraction in the 2nd period, which means that the oil extraction company will earn the PV of marginal willingness to pay in the 2nd period from the remaining oil.
Therefore, the maximum amount of Q that should be extracted in a dynamically efficient manner is 60 units.
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Related Questions
under commercial property policies, debris removal and fire department service charge coverages are examples of:
Answers
Under commercial property policies, debris removal and fire department service charge coverages are examples of Additional Coverages.
Additional Coverages are separate coverages that can be added to an insurance policy to provide extra coverage. It provides an additional layer of protection against the risks of a business. It is included in a commercial property policy as a standard feature. In the event of a loss, such as a fire, Additional Coverages pay for the removal of debris and firefighting services.
These coverages provide financial assistance for any charges that may be incurred as a result of damage to the property, such as debris removal and firefighting services. The insurance company pays up to a predetermined amount for these Additional Coverages. Debris removal and fire department service charge coverages are examples of Additional Coverages provided by commercial property policies.
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Complete question:
Under commercial property policies, debris removal and fire department service charge coverages are examples of:?
Sebastian (24) will use the single filing status. His only income during the year consisted of $20,000, which was his net profit from a lawn mowing business. What is sebastian's self-employment tax? $0 $766 $2,826 $3,060.
Answers
Throughout the year, his only source of income was the $20,000 operating profit he received from his yard service. The total of Sebastian's soul tax is $30,600 (30,000 + 600).
How would you define "business"?When someone produces items or provides services with the intention of turning a profit, they are engaging in business. Enterprise Definition. A business is just a creative group or team that engages in commercial endeavors. They could be industrial, commercial, or something else entirely.
Briefing
Implicit Cost
Job Offer = 30,000 (highest is to be taken)
Withdrawal from own savings = 20,000
Interest on savings = 3%
Interest = 600
Total = 30,000 + 600 = 30,600
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An expense that is the same amount each month.
Fixed Expense
Variable Expense
Monthly Expense
Answers
Answer:
Fixed Expense
Explanation:
objective use to
achieve money
allocation to achieve
la desired outcome
Answers
The allocation to achieve the desired outcome can be from investing and working.
Hope this helps have an excellent day!
Specialty Products Company has a high turnover rate among its employees, especially those
who are young parents. Solution to this problem
Answers
The company has to first investigate the reason why young parents are leaving the company. This is the first step towards resolving the issues of high turnover.
If it is because of the inability to care for their kids while at work, then the company can solve this problem by:
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
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give me an example of a traditional economy.
Answers
Answer:
agriculture, fishing, hunting, gathering,
Explanation: Hope that helps :)
GIVING 25 POINTS FOR THE CORRECT ANSWERS!!!!
1: The three elements needed in order to make database marketing work are technology, prioritization, and accurate information.
False
True
2:Starting with a clean list is an important step in database marketing
False
True
Answers
Answer:
first one is T the second is F
The systematic collection, compilation, and processing of consumer data is known as database marketing. Database marketing, often known as customer relationship management, is a type of direct marketing. Customers' and potential customers' data is gathered and kept in a database by a business. An organization can better understand and market to its customers as a result of the process of gathering this data, perhaps increasing revenue.
Database marketing is a type of marketing technique that can be used by companies like merchants, technology suppliers, insurance providers, and other services. The companies who have a huge client base will benefit the most from this marketing strategy since they will generate more transaction data, which opens up more opportunities to identify potential customers.
In database marketing, marketers will use the information gathered to better understand customers, choose target markets for certain marketing campaigns (through customer segmentation), assess how valuable clients are to the business, and give customers more specialized options. Customers' names, addresses, emails, phone numbers, purchase histories, job titles, website cookies, and even help requests are among the data that may be collected.
Data is first gathered from a variety of sources in database marketing. Tracking is possible for names, addresses, emails, phone numbers, purchase histories, and other information. The information can be gathered through a variety of techniques, such as tracking user cookies, purchase histories, newsletter subscriptions, or anything else that calls for the completion of forms, such entry forms for contests, offers of free samples of goods, product warranty cards, and so forth. Additional client records may be created as a result of leads generated by the marketing and sales teams. Although different nations may have varying rules surrounding what types of data can be bought and sold, prospect data can also be purchased from third parties.
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An advantage of an enterprise resource planning (ERP) system is that to implement it, an organization need not attempt to do everything at once. Group of answer choices True False
Answers
Enterprise Resource Planning systems allow an organization to avoid having to do everything at once so this is TRUE.
What does an ERP system do?It enables an organization to plan out its activities so that the organization can become more successful.
ERP takes into account, the constraints and resources of a company and for this reason, will not require that all plans are executed at once but sequentially.
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here are two firms, an incumbent (I) and an entrant (E). They compete on price with product differentiation. Initially, we consider the case where each has a demand curve 4.-1-P.+2,5% € {I,E}. Neither firm has any costs of production (MC-0). Thus, each firm maximizes *. - P.(4.) P:(1-P.+py),ije {I, E}. 2. Find the best response functions in the static price setting game. b. Find Nash Equilibrium prices.
Answers
The best response functions in the static price setting game for the incumbent (I) and the entrant (E) will be (P_E - 0.025P_E + 4)/2 and P_E = (P_I + 4)/2.05 respectively. And the Nash Equilibrium prices are P_I = 4 and P_E = 3.90.
Calculations
a. The best response function for the incumbent (I) is:
P(I) = 2 + 0.125P(E)
To find these, we take the derivative of each firm's profit function with respect to their own price (P(I) for incumbent and P(E) for entrant), set it equal to zero, and solve for their price.
Maximize πI = (P_I - 4 - P_E + 0.025P_E)P_I
FOC: 2P_I - P_E + 0.025P_E - 4 = 0
Solving for P_I:
P_I = (P_E - 0.025P_E + 4)/2
And the best response function for the entrant (E) is:
P(E) = 2 + 0.125P(I)
Maximize πE = (P_E - 4 - P_I + 0.025P_I)P_E
FOC: 2.05P_E - P_I - 4 = 0
Solving for P_E:
P_E = (P_I + 4)/2.05
b. In order to find the Nash Equilibrium prices, we need to find the prices at which neither incumbent (I) or entrant (E) has an incentive to deviate from their selected price. This will happen when both firms' prices are each other's best response.
Substituting P_E = (P_I + 4)/2.05 into the expression for firm I's best response, we get:
P_I = ((P_I + 4)/2.05 - 0.025(P_I + 4)/2.05 + 4)/2
Simplifying, we get: P_I = (4.1P_I + 16.4)/4.1
Solving for P_I: P_I = 4
Substituting P_I = 4 into the expression for firm E's best response, we get:
P_E = (4 + 4)/2.05
Solving for P_E: P_E = 3.90
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FILL THE BLANK. ________ are challenges stemming from managers' tendency to look at issues from a biases or limiting beliefs.
Answers
Cognitive biases are a set of systematic errors in thinking that can distort our judgments and decision-making processes.
They are often the result of our brain's attempt to simplify complex information and make quick decisions based on limited information. However, these biases can lead to errors in judgment, poor decision-making, and missed opportunities.
Some common examples of cognitive biases include confirmation bias, which is the tendency to seek out information that confirms our existing beliefs, and the halo effect, which is the tendency to form an overall impression of a person or situation based on a single positive characteristic or trait. Overcoming these biases requires awareness, reflection, and a willingness to challenge our own assumptions and beliefs.
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In the context of the capital asset pricing model, the systematic measure of risk is captured by _________. a the standard deviation of returns b the variance of returns c beta d unique risk
Answers
In the context of the capital asset pricing model, the systematic measure of risk is captured by beta.
What is systematic risk?Systemic risk are risk that are inherent in the economy. This type of risk cannot be diversified. Examples of systematic risk include recession, inflation, and high interest rates.
Systemic risk is measured by beta. The higher beta is, the higher the systemic risk.
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You make an initial deposit of $46.82 into your checking account. A week later you deposit your paycheck of $78.36. You write checks for $16.93, $26.25 and use your debit card to purchase items totaling $9.27 and $6.95. How much money do you have in your account now? *
Answers
Answer:
$65.78
Explanation:
The deposits to the accounts are
initial deposit $46.82
paycheck $78.36
Total deposits = $125.18
Withdrawals
checks $16.93,
$26.25
purchases $9.27
$6.95.
$59.4
Balance will be $125.18- $59.4
=$65.78
The production possibilities curve below shows the hypothetical relationship between the production of guns (national defense) and butter (social goods) in an economy. Combination Guns Butter A 0 8 B 20 6 C 60 4 D 80 2 E 100 0
Answers
The Respective solution are
First butter has an opportunity cost of 8 guns.The entire potential cost of one butter is eight firearms.4 units of butter have an opportunity cost of 14 guns.4Butter=44Guns's total opportunity costYes, it is possible.This is further explained below.
What is marginal opportunity cost.?Generally, The amount of extra units of one product that must be given up in exchange for an additional unit of another good is the marginal opportunity cost.
If we double the amount of butter that is produced, the number of firearms that are manufactured will drop from 44 to 36. As a result, the opportunity cost of the first butter is eight guns.
The total potential cost of one stick of butter is eight firearms
The opportunity cost of the fourth unit of butter is equal to fourteen Guns
The total potential cost of four butter is equal to forty-four guns
Yes, it is possible since, at point C, two sticks of butter and twenty-six firearms may be manufactured.
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CQ
The production possibilities curve below shows the hypothetical relationship between the production of guns (national defense) and butter (social goods) in an economy.
Combination Guns Butter
A 0 4
B 14 3
C 26 2
D 36 1
E 44 0
Instructions: Enter values as whole numbers.
a) What is the marginal opportunity cost of producing the first unit of butter?
______
units of guns
b) What is the total opportunity cost of producing the first unit of butter?
______
units of guns
c) What is the marginal opportunity cost of producing the fourth unit of butter?
________
units of guns.
d) What is the total opportunity cost of producing the fourth unit of butter?
________
units of guns.
e) Is 15 units of guns and 2 units of butter attainable or unattainable, given these production possibilities?
Manufacturing: Cash budget and schedule of cash payments P2 Built-Tight is preparing its master budget. Budgeted sales and cash payments follow. Sales to customers are 20 % cash and 80 %
Answers
By developing a comprehensive cash budget and schedule of cash payments, Built-Tight can anticipate and manage its cash flow effectively.
Based on the information provided, it seems that Built-Tight is preparing its master budget, specifically focusing on the cash budget and schedule of cash payments. The budgeted sales for the company indicate that 20% of sales are expected to be in cash, while the remaining 80% will be received as some form of credit.
The cash budget is an important tool for businesses to plan and monitor their cash inflows and outflows. In this case, the 20% of sales that are received in cash will directly contribute to the company's cash inflows. This amount can be projected based on the budgeted sales figures.
On the other hand, the 80% of sales that are received as credit will not result in immediate cash inflows. These credit sales represent accounts receivable, which will be collected over time according to the company's credit terms. The schedule of cash payments will outline the expected timing of these cash inflows from credit sales.
To accurately project the cash inflows from credit sales, Built-Tight will need to consider factors such as the average collection period, historical collection patterns, and any changes in customer payment behavior.
By developing a comprehensive cash budget and schedule of cash payments, Built-Tight can anticipate and manage its cash flow effectively. This allows the company to ensure it has sufficient cash on hand to cover its operating expenses, investments, and other financial obligations, ultimately contributing to its overall financial stability and success.
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being able to buy goods online make it more likely or less likely to specialize?
Answers
The likelihood of specializing in e-commerce depends on whether one can purchase products online.
E-commerce: what is it?Electronic commerce, or e-commerce, refers to the purchasing and selling of goods and services as well as the sending of money or data over an electronic network, most commonly the internet. These commercial exchanges take place either in a business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer, or consumer-to-business (C2B) setting.
There is a lot of overlap between the phrases e-business and e-commerce. The transactional procedures that go into conducting an online retail transaction are also referred to as "e-tail" at times. Internet technology underlies e-commerce. Utilizing their own devices, customers can browse an online store's inventory and place orders for goods or services.
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Which of the following is NOT a fixed expense?
Answers
Answer:
?????????????????
Explanation:
Fixed expenses are costs that do not change from month to month and do not change according to the needs. So, Groceries are not a fixed expense. Option D. is correct.
Groceries are a variable expense, as the amount spent on groceries can vary depending on dietary needs, shopping habits, and other factors. So, groceries can vary according to needs because Variable expense is a cost that varies depending on usage.
While the other options Car payment, Insurance premiums, and Gym membership are included in fixed expenses.
Therefore, the correct option is D.
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This is an incomplete question, probably the complete question is:
Which of the following is NOT a fixed expense?
A. Car payment
B. Insurance premiums
C. Gym membership
D. Groceries.
coursehero explain why banks are particularly prone to bankruptcy among for-profit enterprises given the asset-liability time mismatch, and how diversification is a key strategy to minimize this risk.
Answers
Banks are particularly prone to bankruptcy among for-profit enterprises due to asset-liability time mismatch. Diversification is a key strategy to minimize this risk.
Banks are institutions that provide financial services such as loans, deposits, and other financial transactions. The financial activities of a bank usually include borrowing short-term and lending long-term, resulting in an asset-liability time mismatch. In essence, the banks borrow funds from depositors and lend these funds to borrowers.To overcome these challenges and minimize the risk of bankruptcy, diversification is a key strategy. Diversification involves the spreading of risks by investing in different types of assets. Banks can invest in different types of assets with varying maturities to minimize the risks associated with asset-liability time mismatch.For example, banks can invest in Treasury bills, government bonds, and other short-term debt securities to generate income from investments while minimizing the risks associated with asset-liability time mismatch. By diversifying their investments, banks can minimize the risks of bankruptcy associated with asset-liability time mismatch.Learn more about diversification:-
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Son los que se produjeron en determinado periodo: los costos de los productos vendidos o los costos de los que se encuentran en proceso
Answers
La respuesta correcta para esta pregunta abierta es la siguiente.
A pesar de que no se anexan opciones o incisos para responder, podemos decir lo siguiente.
Aquí estamos hablando de los costos históricos. Estos costos son los que se produjeron en determinado periodo: los costos de los productos vendidos o los costos de los que se encuentran en proceso.
Un buen contador dentro de la empresa, se basará en estos costos históricos para poder predecir o proyectar los costos predeterminados y tener cierta información de lo que puede suceder a corto o mediano plazo.
Recordemos que esos costos predeterminados son necesarios para que los contadores puedan elaborar presupuestos lo más apegados a la realidad y se puedan ajustar con el tiempo. Para elaborar estos costos predeterminados, el contador hace uso de herramientas estadísticas.
Nathan owns a termite inspection service, so he falls under the animal systems pathway in agricultural, food, and natural resources cluster?
True or False ?
Answers
A significant summer drought takes place in several states, including lowa, Nebraska, Illinois, Minnesota, Indiana, and others. Because
of the drought, the corn crop is severely damaged and limited for market. How will the drought and damage to the corn market likely
affect the overall price of goods?
A)
The drought and damage to the corn market will likely have little effect on
the overall price of goods, since corn production is extremely small in the
United States.
B)
The drought and damage to the corn market will likely have little effect on
the overall price of goods, as most Americans have excluded starches, Like
corn, from their diets.
The drought and damage to the corn market will likely have a great effect
on the overall price of goods, as corn-producers are required members of
the Federal Reserve Board of Governors.
D)
The drought and damage to the corn market will likely have a great effect
on the overall price of goods, as corn is used as a component for many
goods produced and sold in the United States
Answers
Answer: D
Explanation:
Sid Maxwell is the head of legal affairs at Hudson Inc., an American toy manufacturer. A. Hudson's signature toy, the Witty Parakeet, includes an embedded software program that allows the bird to interact with children. B. Hudson is currently planning to expand its market in Asia but Sid is concerned about reports of software piracy in the region.
Answers
Answer:
trade secret
Explanation:
THIS IS THE COMPLETE QUESTION BELOW
Sid Maxwell is the head of legal affairs at Hudson Inc., an American toy manufacturer. Hudson's signature toy, the Witty Parakeet, includes an embedded software program that allows the bird to interact with children. Hudson is currently planning to expand its market in Asia but Sid is concerned about reports of software piracy in the region.
The software program embedded in Hudson's signature toy, the Witty Parakeet, is an example of a(n) ________.
Trade secret can be regarded as one of the intellectual property which is a process/ practice such as design, patterns or instrument that is generally not revealed outside the company. It gives a company an edge over her compititors
Fill in the table by indicating the changes in the determinants necessary to decrease short-run aggregate supply (increase/decrease)
Answers
Input prices and burdensome regulation will lead to an increase in the short-run aggregate supply while human capital leads to a decrease.
What is supply?It should be noted that supply is the quantity of goods that a producer is willing to sell at a price and particular period.
In this case, input prices and burdensome regulation will lead to an increase in the short-run aggregate supply while human capital leads to a decrease.
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An economic model is useful only if it: ______________
a. yields accurate predictions.
b. contains no positive statements.
c. captures all the complexities of reality.
d. has both macro- and microeconomic applications.
Answers
Answer:
b. contains no positive statements.
An economic model is useful only if it contains no positive statements. Hence, option B is correct.
What is an economic model?An economic model is a condensed description of reality that produces testable hypotheses about how the economy will behave. An key element of an economic model is that it is necessarily subjective in construction because there are no objective assessments of economic results.
Visual models, mathematical models, empirical models, and simulation models are the four types of models used in economic analysis.
Supply and demand is one of the most well-known and traditional examples of an economic model. According to the idea, a product's price will go down as supply increases and vice versa. Additionally, it states that a product's price will rise if demand for it rises, and vice versa.
Thus, option B is correct.
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An Administrator may take disciplinary action against a broker/dealer or its agents when the Administrator:
1. determines that the action is in the public interest.
2. suspects that the registrant's action violated a rule, order, or the USA.
3. issues an injunction which carries the force of law.
4. provides for a public hearing which must precede issuing a cease and desist order.
Answers
Answer:
4)provides for a public hearing which must precede issuing a cease and desist order.
The repair service that fixes your farming equipment doesn’t seem to fix your plow correctly. The technician says that if you are not happy, you can buy a new plow from him, but the cost is extremely high. Do you have other options available to you for higher-quality repairs or cheaper equipment? Explain your answer.
Answers
Answer:
Your best option would be for higher quality repairs and higher quality equipment, this would save you more money and time in the long run where you have the ability to do other things.
Explanation:
Mark as Brainliest please!
Ill give u a cookie
Answer:
No, because in command economies, there is no competition. So, there are no other repair services that would offer higher-quality repairs or cheaper equipment. Additionally, no incentive exists for the technician to provide high-quality service.
Explanation:
the actual answer
When the lender and the borrower have different amounts of information regarding a transaction, ________ is said to exist.
Answers
When the lender and the borrower have different amounts of information regarding a transaction, asymmetric information is said to exist.
Option A is correct .
What is asymmetric information?
Asymmetric information is a problem that arises when there is a difference in information between the parties to a transaction. It is also known as information asymmetry. It can be the situation where the borrower of a loan knows more about their true creditworthiness than the lender. Or when a car seller knows more about the car's condition than the buyer.
The existence of asymmetric information means that one party to the transaction has more or better information than the other party. And the party with less information is at a disadvantage because they cannot make an informed decision.
Therefore, Option A is correct (asymmetric information). Option B (adverse selection) occurs when one party to a transaction has information that is not available to the other party, resulting in undesirable or negative outcomes.
Option C (moral hazard) is the risk that arises from the borrower's lack of incentives to pay back the loan due to insurance coverage or other reasons.
Option D (fraud) occurs when one party intentionally misrepresents information to the other party.
Incomplete question:
When the lender and the borrower have different amounts of information regarding a transaction, ________ is said to exist.
A) asymmetric information
B) adverse selection
C) moral hazard
D) fraud
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___________is one in which employees at a given operation go to the source of required parts, such as machining on subassembly, and withdraw the units as they need them.
a. a classic base-stock system
b. a push system
c. a materials requirement planning system
d. a pull system
Answers
d. a pull system.
d. A pull system is one in which employees at a given operation go to the source of required parts, such as machining on subassembly, and withdraw the units as they need them.
A pull system is a lean manufacturing approach in which employees at a given operation go to the source of required parts, such as machining or subassembly, and withdraw the units as they need them. This approach is often used in just-in-time (JIT) manufacturing, where inventory is kept to a minimum and parts are only produced when they are needed.
In contrast, a push system is one in which items are produced based on a forecast or a schedule, and are pushed downstream to the next operation or customer regardless of whether they are needed or not.
A classic base-stock system is a type of inventory control system that uses a predetermined inventory level to trigger replenishment.
Materials requirement planning (MRP) is a computer-based inventory control system that plans and schedules the flow of materials into and out of an organization to ensure that production runs smoothly and efficiently.
Therefore, the option d. a pull system.
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in the body of a cover message, you should . group of answer choices demonstrate your qualifications and show how they fit the targeted job repeat the information presented on your résumé emphasize writer benefits because hiring officers want to know what appeals to you about this particular company explain why you need a job
Answers
In the body of a cover message, you should demonstrate your qualifications and show how they fit the targeted job.
The prerequisites a candidate must have in order to meet the criteria and succeed in a particular role are known as qualifications. In your business or profession, you normally acquire qualifications through experience, education, and training.
Qualifications are still crucial, even if your job goals don't include becoming a high-flying lawyer or a life-saving doctor. A qualification shows prospective employers that you have a certain level of expertise in a particular subject, even though it may only seem like a piece of paper.
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The City of Mayville had total fund balance in its General Fund of $200,000 on December 31, 2019. The City of Maysville's General Fund balance sheet for its December 31, 2019 year end shows inventory of $28,000 and prepaid rent of $10,000. The City also had $60,000 of outstanding encumbrances in its General Fund at year-end. In December 2019, a grantor provided the City with $42,000 that must be used to pay musicians who perform in the City's series of summer concerts in the park during 2020. How much should the city report as nonspendable fund balance in its General Fund on December 31, 2019?
Answers
Answer:
$38,000
Explanation:
Based on the information given we were told that the City General Fund balance sheet for the month of December 31, 2019 shows that inventory had the amount of $28,000 while prepaid rent has the amount of $10,000 which means that the amount of money that city will report as NOSPENDABLE fund balance in their general fund on December 31,2019 will be $38,000 calculated as ($28,000+$10,000).
Match each right or responsibility in a home rental agreement with the correct party.
renter’s right
renter’s responsibility
landlord’s right
landlord’s responsibility
removing bedbugs from property
arrowRight
basic housekeeping and damages caused by renter
arrowRight
return of deposit to renter after the rental agreement ends
arrowRight
eviction of renter for continued late payment of rent
arrowRight
Answers
1) renter's right----------return of deposit to renter after the rental agreement ends
Most states expect landlords to refund security deposits they gather inside a specific time period after the occupancy closes. Landlords may subtract from the security store any legitimate derivations for repairs and different harms made by the rent and state law.
You ought to request that a landlord to refund your deposit toward the finish of your tenancy.If your proprietor doesn't consent to the discount, the custodial plan holds the cash until the point that the debate is settled by the plan's question goals benefit or by the court.
2) renter's responsibility-----------b)basic housekeeping and damages caused by renter
Renters are commonly responsible of guaranteeing their property remains sanitary, clean and in decent shape. A landlord is generally not in charge of making any repairs caused by the inhabitant's own imprudence. Be that as it may, if an inhabitant sees an issue and neglects to report it to the landowner, the occupant might be held subject for extra harm that would not have happened had the occupant made an opportune protest.
3) landlord's right-----------eviction of renter for continued late payment of rent
Gathering late rent can be a standout among the most disappointing parts about being a landlord. All things considered, collecting money for the utilization of your rental property is the essential reason you got into land contributing.
At the point when renters drive landlords to begin the eviction procedure, it can appear as though getting any sort of cash out of the procedure is quite a while away. It's not unusual for the renter to get irate when they get a notice that the eviction procedure has been begun.
4) landlord's responsibility-----------a) removing bedbugs from property
Bed bug issue? It happens to even the best of apartments. Bed bugs can get a ride in your bag or utilized furniture (be careful with second hand sleeping cushions!) or on your apparel. The critters can even go from another loft in your building.
On the off chance that you presume Bed bugs, contact your landlord immediately. Your landlord ought to acquire a qualified exterminator to investigate for and measure the convergence of kissing bugs in your rental (and furthermore bordering units). Your proprietor should give you appropriate notice of section for the exterminator's assessment.