Climate change is expected to have a major impact on local weather patterns across the United States (and the world). Use a spatial equilibrium model for simple system of two cities to predict the effect of climate change on 1) A place where climate change lowers that amenity value of the local climate (call this place Miami) and 2) A place where climate change does not change the local amenity value (call this place Chicago). Which of the following best describes the prediction of your model?A. Real estate prices in Miami will rise, real estate prices in Chicago will fall.
B. Real estate prices in Miami will fall, real estate prices in Chicago will fall.
C. Real estate prices in Miami will rise, real estate prices in Chicago will rise.
D. Real estate prices in Miami will fall, real estate prices in Chicago will rise.
E. None of the above.

Answers

Answer 1
Answer:

Answer:

D. Real estate prices in Miami will fall, real estate prices in Chicago will rise.

Explanation:

Real estate prices in Miami will fall because according to the model, climate change will lower the amenity value of the local climate. This means that climate change will make the climate of Miami less desirable for potential residents, causing a drop in the price of the real estate of the city due to less demand.

Chicago on the other hand, will have the amenity level of its climate increased, and this will attract more potential residents who will drive up demand, causing Chicago's real estate prices to rise.


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A problem in using the judgment by market structure criterion is that: O it is the most subjective standard. O it is difficult to determine the relevant industry and geographic market. O it is an expensive and time-consuming standard. O each action of a firm must be analyzed separately and within a particular context.
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Buerhle Company needs to determine if its indefinite-life intangibles other than goodwill have been impaired and should be reduced or written off on its balance sheet. The impairment test(s) to be used is (are) ______________. A. Both recoverability test and fair value test B. Recoverability test but not fair value test C. Not recoverability test but fair value test D. Neither recoverability test nor fair value test

​Joe's Bottling Company provided the following expense information for​ July: Assemblyline ​workers' wages Depreciation on factory equipment Caps for bottles Plastic bottles Reconfiguring the assembly line Salaries of salespeople Customer support hotline Salaries of research scientists Delivery expenses Customer tollfree order line What is the total cost for the distribution category of the value​ chain?

Answers

Answer:

$40,000

Explanation:

Based on the information given we were told that the Delivery expenses is the amount of $ 40,000 which means that DELIVERY EXPENSES amount of $40,000 will be the TOTAL COST for the distribution category of the value​ chain forJoe's Bottling Company reason been that the $40,000 is the amount that was used by the company to deliver their product from the production department to the final user of the product.

Therefore the total cost for the distribution category of the value​ chain will be $40,000

Final answer:

The total distribution cost for Joe's Bottling Company includes the costs of salaries for salespeople, delivery expenses and customer toll-free order line. Add these three to calculate the total distribution cost. Other costs listed are associated with other stages of the value chain.

Explanation:

In the context of cost accounting in a business, the value chain concept divides a company's activities into various categories. For Joe's Bottling Company, the total cost for the distribution category, also known as outbound logistics, only includes the expenses that are directly related to getting the product from the company to the customer.

Looking at the information provided, the expenses relevant to distribution are Salaries of salespeople, Delivery expenses, and Customer toll-free order line. These are costs associated with the activities that allow customers to purchase the product and the company to deliver it.

To calculate the total distribution cost, you would have to add up the cost of these three items. Remember that costs can vary, so it's crucial to use the correct figures for each expense. Other costs, such as assembly line wages or depreciation on factory equipment, do not fall under distribution costs because they are involved in other stages of the value chain, such as production or operations.

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On January 3, 2011, Austin Corp. purchased 25% of the voting common stock of GainsvilleCo., paying $2,500,000. Austin decided to use the equity method to account for thisinvestment. At the time of the investment, Gainsville's total stockholders' equity was$8,000,000. Austin gathered the following information about Gainsville's assets andliabilities:On January 3, 2011, Austin Corp. purchased 25% of

For all other assets and liabilities, book value and fair value were equal. Any excess of costover fair value was attributed to goodwill, which has not been impaired. For all other assets and liabilities, book value and fair value were equal. Any excess of costover fair value was attributed to goodwill, which has not been impaired.

What is the amount of goodwill associated with the investment?

Answers

Answer:

Amount of goodwill associated with the investment is $500,000

Explanation:

The first step is to calculate the total value of GainsvilleCo:

Total Value of GainsvilleCo  = 2,500,000 / 25% = $10,000,000

Book value of GainsvilleCo's underlying assets = $8,000,000

Goodwill = 10,000,000 - 8,000,000 = 2,000,000

Austin Corp Investor share = 25% of 2,000,000 = $500,000

A common size analysis requires the representation of financial statement data in terms of a single financial statement item (or base account or value). What is the most commonly used base item for a common size income statement

Answers

In a common size income statement, the most commonly used base item is total sales or total revenue. All other line items are represented as a percentage of this amount. This method allows for easier comparison of financial statements over different periods or from different companies.

In a common size income statement, the most commonly used base item is total sales or total revenue.

This means, every line item on the income statement such as cost of goods sold, gross profit, operating expenses, and net income, among others, are converted into a percentage of total sales.

A common size analysis facilitates the comparison of financial statements over different periods, or among different companies, by expressing each line item as a percentage of the base item.

Take an example, if the total sales of a company in a particular year is $100,000 and the cost of goods sold represents $60,000 then in the common size income statement, the cost of goods sold will be represented as 60% (i.e., $60,000/$100,000 * 100).

This method makes it easier to compare relative proportions of account balances, irrespective of the size of the company or the period.

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Final answer:

The most commonly used base item for a common size income statement is sales revenue. This allows for easy comparison of financial performance between different companies or different reporting periods.

Explanation:

The most commonly used base item for a common size income statement is sales revenue. When performing a common size analysis, the values on the income statement are typically converted into percentages of sales revenue. This allows for easy comparison of financial performance between different companies or different reporting periods, regardless of the size of the company or the amount of sales. For instance, the cost of goods sold and operating expenses would be represented as a percentage of sales revenue. This way, you can compare the relative size of cost items to the sales they support, across different firms or times.

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Pat has 4 hours to spend either studying for a test or playing a new video game. If Pat spends all of that time studying, Pat can score a 92 on the test. If Pat plays for 1 hour, Pat's test score falls 5 points. For playing a second hour, Pat's score falls by another 7 points. Playing for a third hour will lower Pat's score by another 10 points. Refer to the information above. The intercept on the test score axis of Pat's PPC is: A. 100


B. 92


C. 5 hours


D. 4 hours

Answers

Answer:

B. 92

Explanation:

The intercept is the point at which a function met with the Y axis.

On the Y axis will be the score

On the X axis the videogames hours

At more videogames hours less score and at less videogames hours more score.

We are asked for the value of score for 0 hours of dividends:

at X = 0 then Y = 92

Answer:

92

Explanation:

Krista owns a hair salon. She wants to increase the number of clients she serves each month, so she knows she needs to acquire more resources. Which of the following actions would represent an increase in the human capital resource at her hair salon?a. buying more chairs and hair dryers
b. hiring more stylists
c. moving into a larger salon
d. purchasing better-quality shampoo
e. buying more scissors and combs

Answers

Answer:

b. hiring more stylists

Explanation:

Human capital is one of the factors of production. It refers to the skills and knowledge of individuals that can be used to create economic value. Human capital is the people working to produce goods and services.

In a hair salon, hiring more stylist increases the human capital resources.

Type the correct answer in the box. Spell all words correctly.Which process does a court use to select a jury?
The court selects a jury from a jury pool through a process known as _____.

Answers

voir dire
Lawyers and judges select juries by a process known as “voir dire,” which is Latin for “to speak the truth.” In voir dire, the judge and attorneys for both sides ask potential jurors questions to determine if they are competent and suitable to serve in the case.
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