Answer:
PV= $9,626.49
Explanation:
Giving the following information:
Cash flow= $1,500
Interest rate= 9%
Number of years= 10
First, we will determine the future value, using the following formulas:
FV= {A*[(1+i)^n-1]}/i
A= cash flow
FV= {1,500*[(1.09^10) - 1]} / 0.09
FV= $22,789.395
Now, the present value:
PV=FV/(1+i)^n
PV= 22,789.395/(1.09^10)
PV= $9,626.49
Paul Corporation owns 70 percent of the voting common shares of Sally Corporation, purchased at book value. Noncontrolling interest was assigned $21,000 of income in the 20X0 consolidated income statement. What amount of net income did Sally Corporation report for the year?
Answer: $70,000
Explanation:
From the question, we are informed that Paul Corporation owns 70 percent of the voting common shares of Sally Corporation, purchased at book value and that the noncontrolling interest was assigned $21,000 of income in the 20X0 consolidated income statement.
The amount of net income did Sally Corporation report for the year will be $70,000.
When performing __________, an organization should consider not only those trends that directly impact it, but also those that affect its suppliers and customers.
Answer:
Environmental scanning.
Explanation:
Environmental scanning can be defined as a management strategy or technique which is based on systematically acquiring data (informations) about trends, events or patterns, and occasions by creating or taking surveys and analysis of these data (informations) in the internal and external environment of the organization. After acquiring these data (informations) through the use of environmental scanning, it is then utilized by the executive management for strategic planning of the organisation's future, exploitation of all available opportunities for the success and smooth operations of the organization.
Furthermore, the internal environmental scanning as a management strategy, offers an organization strength and weakness while the external environmental scanning provides information about opportunities and threats. This is typically referred to as the SWOT (Strength, Weakness, Opportunities and Threat).
In a nutshell, the environmental scanning gives an overview of the strength and weakness possessed by an organization, as well as opportunities in the market and potential threats to an organization.
Hence, the following are the key features or applications of an external and internal environmental scanning;
1. Used as a tool for corporations to avoid strategic surprise.
2. Used to monitor, evaluate, and disseminate information relevant to the organizational development of strategy.
3. Used to determine a firm's competitive advantage.
4. Used as a tool to ensure a corporation's long-term health.
5. Using market surveys to get important informations about their customers.
In conclusion, when performing environmental scanning, an organization should consider not only those trends that directly impact it, but also those that affect its suppliers and customers in general.
Business Communication
Why should you respond when you receive a congratulatory note or some other written pat on the back and how?
Answer and Explanation:
It is good to respond to These congratulatory notes or Pat's at the back because are attempts made by others to connect with you personally; people reach out to you through these efforts and professional or personal bonds can be formed because of these.
How should you respond?
You can respond by showing gratitude or by being appreciative of the gestures. You can say you are grateful for the kindness you received regarding your award.
What, by consensus among economists, are the broad factors for economic growth? Correct Answer(s) language technology resources institutions topography
Answer:
1. Technology.
2. Resources.
3. Institutions.
Explanation:
An economic growth can be defined as an increase in the market value of the finished goods and services produced by an economy in a particular country at a specific period of time. It is measured typically by the Gross Domestic Products (GDP).
Generally, economists are of the opinion that the economic growth and development of a particular country is determined by some critical factors.
By consensus among economists, the broad factors for economic growth are;
1. Technology: if well harnessed, technological advancement plays a vital role in the growth and development of a country's economy. An improvement in the application of technology implies that the same level of labor will increase productivity and thus, lowering the cost of economic growth and development.
2. Resources: this would help to boost the level of output or production being made available by a country through the discovery of more resources such as crude oil, land, gold, water, minerals etc.
3. Institutions: creation of institutions that would regulate, support and finance businesses would go a long way in advancing the economic growth and development of a particular country.
On September 1, Emil Rovey purchased a vehicle for $38,000 with a residual value of $4,000. The estimated useful life is 8 years and the company uses the straight-line method. What is the depreciation expense for the year ended December 31
Answer:
Depreciation expense= $1,416.67
Explanation:
Giving the following information:
Purchasing price= $38,000
Residual value= $4,000
Useful life is 8 years.
First, we need to calculate the annual depreciation. We will use the following formula:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (38,000 - 4,000) / 8= $4,250
Now, the depreciation for 4 months.
Depreciation expense= (4,250/12)*4= $1,416.67
During 2021, Farewell Inc. had 500,000 shares of common stock and 50,000 shares of 6% cumulative preferred stock outstanding. The preferred stock has a par value of $100 per share. Farewell did not declare or pay any dividends during 2021. Farewell's net income for the year ended December 31, 2021, was $2.5 million. The income tax rate is 25%. Farewell granted 10,000 stock options to its executives on January 1 of this year. Each option gives its holder the right to buy 20 shares of common stock at an exercise price of $29 per share. The options vest after one year. The market price of the common stock averaged $30 per share during 2021.
What is Farewell's diluted earnings per share for 2021, rounded to the nearest cent?
A) $3.14.
B) $4.90.
C) $4.34.
D) Cannot determine from the given information.
Blue Cab Company had 50,000 shares of common stock outstanding on January 1, 2021. On April 1, 2021, the company issued 20,000 shares of common stock. The company had outstanding fully vested incentive stock options for 5,000 shares exercisable at $10 that had not been exercised by its executives. The end-of-year market price of common stock was $13 while the average price for the year was $12. The company reported net income in the amount of $269,915 for 2021. What is the diluted earnings per share (rounded)?
A) $3.60.
B) $4.10.
C) $4.50.
D) $3.81.
Answer:
a) c. $4.34
b) b. $4.10
Explanation:
a) Find Farewell's diluted earnings per share for 2021.
Use the formula below:
Diluted EPS = (Net income after tax - preferred dividend) / diluted common stock
[tex]= \frac{2,500,000 - (50,000*100*0.06)}{500,000+(200,000 - ((29*10,000)/30))}[/tex]
[tex] = \frac{2,500,000 - 300,000}{500,000 + (200,000 - 193,333)} [/tex]
[tex] = \frac{220,000}{506,667} [/tex]
[tex] = 4.34 [/tex]
Diluted EPS = $4.34 per share
b) stock options = 5,000
Value in current shares = 500,000/12 = $4,167
Diluted shares = 5000 - 4167 = 833
Use the formula below to find the diluted earnings per share:
Diluted EPS = Net income/share outstanding
[tex]= \frac{269,915}{50,000 +(20,000-5,000) + 833)}[/tex]
[tex] = \frac{269,915}{50,000 + 15,000 + 833} [/tex]
[tex] = \frac{269,915}{65,833} [/tex]
[tex] = 4.10 [/tex]
Diluted EPS = $4.10 per share
How much stock-based compensation expense was embedded within Tesla’s selling, general and administrative expenses in 2011, 2012 and 2013 respectively (in millions)?
Answer:
The correct answer to the following question will be "$15.372, $21.371, $39.090".
Explanation:
Inventory levels premised compensation seems to be an option to finance staff members, board members, but instead, directors of such a corporation with limited liability preferred shares.Tesla seemed to have a Compensation according to inventory cost of $39,090 million (in 2013), $21,371 million (throughout 2012) as well as $15,372 million (throughout 2011) built into the SG and A.So that the above would be the right answer.
The following is a listing of all of the income statement accounts for Mulberry Street Sportswear as they appear on the adjusted trial balance as of December 31:
Advertising Expense $10,200
Cost of Goods Sold 87,900
Delivery Expense 4,300
Insurance Expense 1,400
Income Tax Expense 5,960
Rent Expense 10,700
Interest Expense 1,900
Sales Revenue 160,400
Sales Discounts 10,800
Sales Returns and Allowances 18,300
Required:
Prepare a multi-step income statement.
Answer:
Mulberry Street Sportswear multi-step income statement for the year ended December 31.
Sales Revenue 160,400
Less Sales Returns and Allowances (18,300)
Net Sales 142,100
Less Cost of Goods Sold (87,900)
Gross Profit 54,200
Less Operating Expenses
Sales Discounts 10,800
Advertising Expense 10,200
Delivery Expense 4,300
Insurance Expense 1,400
Rent Expense 10,700 (37,400)
Operating Income 16,800
Less Non - Operating Expenses
Interest Expense 1,900
Income Tax Expense 5,960 (7,860)
Net Income / (Loss) 8,940
Explanation:
A multi-step income statement shows separately profit earned from primary activities of the company (Operating Income) from that which includes secondary activities of the Company (Net Income).
You have just received notification that you have won the $4.5 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday (assuming you're around to collect), 62 years from now. What is the present value of your windfall if the appropriate discount rate is 11 percent?
Answer:
The prize is worth $6,969.28 today.
Explanation:
Giving the following information:
Future value= $4,500,000
Number of years= 62
Discount rate= 11%
To calculate the present value, we need to use the following formula:
PV= FV/(1+i)^n
PV= 4,500,000 / (1.11^62)
PV= $6,969.28
Epolito Corporation incurred $87,000 of actual Manufacturing Overhead costs during September. During the same period, the Manufacturing Overhead applied to Work in Process was $89,000. The journal entry to record the incurrence of the actual Manufacturing Overhead costs would include a:
a. debit to Work in Process of $89,000
b. credit to Manufacturing Overhead of $87,000
c. debit to Manufacturing Overhead of $87,000
d. credit to Work in Process of $89,000
Answer:
c. debit to Manufacturing Overhead of $87,000
Explanation:
Account Titles and Explanation Debit Credit
Manufacturing overhead $87,000
Accounts payable $87,000
(Being manufacturing overhead incurred)
Therefore, journal entry for actual manufacturing overhead costs would include a debit to manufacturing overhead of $87,000.
Manufacturing overhead is debited with $87,000 to record actual manufacturing overhead.
Alice Jackson designed her company webpage to include a _______ page that directs visitors to a particular webpage and entices them to buy a featured product.
Answer:
deintrente
Explanation:
Alice Jackson diseñó la página web de su empresa para incluir una página _______ que dirige a los visitantes a una página web en particular y los invita a comprar un producto destacado.
The Edward James Toy Company uses a kanban system to make a plastic wheels that are a component of several toys. The waiting time for a container of the wheels during production is 0.25 day; average processing time is 0.15 day per container. Each container holds 200 wheels. The company uses 2000 wheels a day in the production of its products. Use the information in Case 8.1. Using a policy variable of 5%, calculate the number of kanban containers needed for the wheels.
Answer:
The number of kanban containers needed for the wheels is 4.2 containers
Explanation:
In order to calculate the number of kanban containers needed for the wheels we would have to calculate the following formula:
number of kanban containers needed for the wheels=Demand rate*(Average processing time+Average waiting time)*(1+Alpha)/Container size
According to the given data we have the following:
Demand rate = 2000 per day
Average processing time= 0.15 day
Average waiting time = 0.25 day
Container size= 200
Alpha= 5%
Therefore, number of kanban containers needed for the wheels=2,000*(0.15+0.25)*(1+0.05)/200
number of kanban containers needed for the wheels=4.2 containers
The number of kanban containers needed for the wheels is 4.2 containers
The description and scope section of a statement of work would contain statements regarding: Major milestones. Termination of project information. Environmental risks. Expected benefits.
Answer:
Expected benefits
Explanation:
The scope of work is a part of the statement of work. Statement Of Work is full of details regarding the project's goals, guidelines, deliverables, schedule, costs. The scope section has its focus on how to achieve these goals. There are obvious benefits to giving an outline on a project scope.
The description and scope section of a statement of work would contain statements regarding expected benefits.
The Converting Department of Hopkinsville Company had 1,160 units in work in process at the beginning of the period, which were 30% complete. During the period, 24,400 units were completed and transferred to the Packing Department. There were 1,280 units in process at the end of the period, which were 60% complete. Direct materials are placed into the process at the beginning of production. Determine the number of equivalent units of production with respect to direct materials and conversion costs. If an amount is zero, enter in "0".
Answer and Explanation:
The computation of the number of equivalent units for direct material and conversion cost is shown below:
For materials
= units started and completed × completion percentage + ending work in process inventory × completion percentage
= (24,400 - 1,160) × 100% + 1,280 units × 100%
= 23,240 units + 1,280 units
= 24,520 units
For conversion
= Opening work in process inventory × remaining percentage + units started and completed × completion percentage + ending work in process inventory × completion percentage
= 1,160 units × 70% + (24,400 - 1,160) × 100% + 1,280 units × 60%
= 812 units + 23,240 units + 768 units
= 24,820 units
The post-closing trial balance consists only of Group of answer choices Asset and liability accounts. Nominal accounts. Revenue and expense accounts. Permanent accounts.
Answer:
Permanent accounts
Explanation:
The post-closing trial balance consists only of permanent accounts. These permanent accounts are assets, liabilities, and equity. Permanent accounts are not closed when an accounting period ends. Temporary accounts (revenue, expense, dividend) on the other hand is a direct opposite as they are closed or cleared to zero when an accounting period ends.
Bob Hanson emphasizes that sending MBSC employees to seminars on a regular basis is highly motivating. It’s possible that for some employees, having to attend seminars is a burden. However, for an employee like Marco, who was excited when he found out he could major in strength and conditioning in college, having the opportunity to further his professional development is a major source of satisfaction, and it motivates him to work hard for MBSC. Professional development is described in different ways by different theories of motivation.
If Bob and Mike were analyzing how they motivate their employees in terms of Maslow’s hierarchy of needs, which of the following would be true?
a. Attending seminars could meet an employee’s need for self-actualization, but this would be motivating only if pay, job security, inclusion, and recognition needs were also met.
b. Learning at seminars could meet an employee’s need for growth, and if the employee were not allowed to attend seminars, then he or she might desire greater participation at work or more pay.
c. The recognition and autonomy offered by attending seminars would result in satisfaction, but employees might also be dissatisfied if pay were poor or their ideas were not valued.
d. Employees with a high need for achievement would find the opportunity to learn advanced skills at seminars very motivating, while those with a high need for affiliation or power would be less motivated by seminars.
Answer:
The correct answer is the option C: The recognition and autonomy offered by attending seminars would result in satisfaction, but employees might also be dissatisfied if pay were poor or their ideas were not valued.
Explanation:
To begin with, the fact that some employees will find the seminars very rich in terms of learning more and therefore to increase their knowledge will stimulate the feeling of self improvement and growth not just in the company but also in their professional careers and that is why they will be more motivated at the time of doing their job but they would obviously feel dissatisfied if the pay is not worthy enough for them or even more if their ideas were not valued as they expected them to be and as the company said to them that will be.
The balance in the Bonds Payable account is a credit of $65,500. The balance in the Discount on Bonds Payable account is a debit of $2,150. How much is the bond's carrying amount?
Answer:
Bond's carrying amount = $63,350
Explanation:
This is a very trivial question and can be solved in just a very few lines.
Balance in Bonds Payable Account = $65,500
Discount on Bonds payable Account = $2,150
The bond's carrying amount can be gotten by simply subtracting the discount on Bond's payable account from the balance in bonds payable account.
Carrying amount = (Balance in Bonds Payable Account) - (Discount on Bonds payable Account)
Carrying amount = $65,500 - $2,150
Carrying amount = $63,350
A local dental partnership has been liquidated and the final capital balances are: Atkinson, capital (40% of all profits and losses) . . . . . . . . $ 70,000 Kaporale, capital (30%) . . . . . 30,000 Dennsmore, capital (20%) . . . (42,000) Rasputin, capital (10%) . . . . . (58,000) If Rasputin contributes additional cash of $20,000 to the partnership, what should happen to it?
Answer:
Cash distribution
Atkinson $20,000
Kaporale $0
Dennsmore $0
Rasputin $0
Explanation:
Computation of what should happen if Rasputin contributes additional cash of $20,000 to the partnership
Atkinson Kaporale Dennsmore Rasputin
Reported balances
$70,000 $30,000 $(42,000) $(58,000)
Capital contribution$0 $0 $0 $20,000
Adjusted balances
$70,000 $30,000 $(42,000) $(38,000)
Potential loss from Dennsmore and Rasputin(42,000+38,000=80,000) split on a 4:3 basis
(45,714) (34,285) 42,000 38,000
Adjusted balances
$24,286 $(4,285) $0 $0
Potential lossfrom Kaporale ($4,285)
(4,285) 4,285 $0 $0
Cash distribution $20,000 $0 $0 $0
Calculation for the potential loss
Potential loss from Dennsmore and Rasputin(42,000+38,000=80,000) split on a 4:3 basis
Dennsmore(4/7×80,000)= 45,714
Rasputin (3/7×80,000)=34,285
Therefore what should happen if Rasputin contributes additional cash of $20,000 to the partnership is that Atkinson will have cash of $20,000, Kaporale $0 , Dennsmore $0 and Rasputin will have cash of $0
In producing jelly beans, 4,700 pounds of direct materials were used at a cost of $2.50 per pound. The standard was 4,000 pounds at $2.75 per pound. What is the direct materials quantity variance
Answer:
Direct material quantity variance = $1,925 favorable
Explanation:
Material quantity variance occurs when the actual quantity used to achieved a given level of output is more or less than the standard quantity.
It is determined by the difference between the actual and standard quantity of material for the actual level of output multiplied by the the standard price
Pounds
Standard quantity for the actual production 4,700
Actual quantity used 4,000
Direct material quantity variance in units 700 favorable
Standard price perv unit × $2.75
Direct material quantity variance $1925 Favorable
Direct material quantity variance = $1,925
Crane, Inc., paid a dividend of $3.52 last year. The company's management does not expect to increase its dividend in the foreseeable future. If the required rate of return is 16.0 percent, what is the current value of the stock
Answer:
$ 22.00
Explanation:
The current value of the stock is the price at which the stock is selling for currently. It is usually the present value of cash inflows expected by investors in the stock.
In this stance, we have a stock that pays a constant dividend in perpetuity, in other words, its present value is the present value of the amount receivable forever.
The present value of stock=dividend per share/required rate of return
dividend per share is $3.52
required rate of return is 16.0%
present value of stock=$3.52/16.0%=$ 22.00
Selected comparative financial statements of Korbin Company follow:
KORBIN COMPANY
Comparative Income Statements
For Years Ended December 31, 2017, 2016, and 2015
2017 2016 2015
Sales $515,770 $395,122 $274,200
Cost of goods sold 310,494 250,507 175,488
Gross profit 205,276 144,615 98,712
Selling expenses 73,239 54,527 36,194
Administrative expenses 46,419 34,771 22,759
Total expenses 119,658 89,298 58,953
Income before taxes 85,618 55,317 39,759
Income taxes 15,925 11,340 8,071
Net income $69,693 $43,977 $31,688
KORBIN COMPANY
Comparative Balance Sheets
December 31, 2017, 2016, and 2015
2017 2016 2015
Assets
Current assets $53,867 $42,145 $56,338
Long-term investments 0 500 3,690
Plant assets, net 100,040 106,805 63,791
Total assets $153,907 $149,450 $123,819
Liabilities and Equity
Current liabilities $22,470 $22,268 $21,668
Common stock 71,000 71,000 53,000
Other paid-in capital 8,875 8,875 5,889
Retained earnings 51,562 47,307 43,262
Total liabilities and equity $153,907 $149,450 $123,819
1. Complete the below table to calculate Income statement data in common-size percents.
KORBIN COMPANY
Common-Size Comparative Income Statements
For Years Ended December 31, 2017, 2016, and 2015
2017 2016 2015
Sales 100.00% 100.00% 100.00%
Cost of goods sold
Gross profit
Selling expenses
Administrative expenses
Total expenses
Income before taxes
Income taxes
Net income _____ % _____ % _____ %
2. Complete the below table to calculate the balance sheet data in trend percents with 2015 as the base year.
KORBIN COMPANY
Balance Sheet Data in Trend Percents
December 31, 2017, 2016, and 2015
2017 2016 2015
Assets
Current assets 100.00 %
Long-term investments 100.00
Plant assets, net 100.00
Total assets _____ %_____ % 100.00 %
Liabilities and Equity
Current liabilities _____ %_____ % 100.00 %
Common Stock 100.00
Other paid-in capital 100.00
Retained earnings 100.00
Total liabilities and equity _____ % _____ % 100.00
Answer:
Korbin Company
Selected Comparative Financial Statements:
1. KORBIN COMPANY Comparative Income Statements
For Years Ended December 31, 2017, 2016, and 2015
2017 % 2016 % 2015 %
Sales $515,770 100% $395,122 100% $274,200 100%
Cost of goods sold 310,494 60% 250,507 63% 175,488 64%
Gross profit 205,276 40% 144,615 37% 98,712 36%
Selling expenses 73,239 14% 54,527 14% 36,194 13%
Admin. expenses 46,419 9% 34,771 9% 22,759 8%
Total expenses 119,658 23% 89,298 23% 58,953 21%
Income before taxes 85,618 17% 55,317 14% 39,759 15%
Income taxes 15,925 3% 11,340 3% 8,071 3%
Net income $69,693 14% $43,977 11% $31,688 12%
2. KORBIN COMPANY
Balance Sheet Data in Trend Percents
for December 31, 2017, 2016, and 2015
2017 2016 2015
Assets
Current assets 100.00 % 78% 105%
Long-term investments 100.00 500% 3,690%
Plant assets, net 100.00 107% 64%
Total assets _124__% _121_ % 100.00 %
Liabilities and Equity
Current liabilities _104_ % _103__ % 100.00 %
Common Stock 100.00 100% 75%
Other paid-in capital 100.00 100% 66%
Retained earnings 100.00 92% 84%
Total liabilities and equity _124_ % _121_ % 100.00
Explanation:
a. Data:
KORBIN COMPANY
Comparative Balance Sheets
December 31, 2017, 2016, and 2015
2017 2016 2015
Assets
Current assets $53,867 $42,145 $56,338
Long-term investments 0 500 3,690
Plant assets, net 100,040 106,805 63,791
Total assets $153,907 $149,450 $123,819
Liabilities and Equity
Current liabilities $22,470 $22,268 $21,668
Common stock 71,000 71,000 53,000
Other paid-in capital 8,875 8,875 5,889
Retained earnings 51,562 47,307 43,262
Total liabilities & equity $153,907 $149,450 $123,819
b) In an income statement vertical analysis, each line item is calculated as a percentage of the sales, which is itself 100%. This enables the proportional analysis of all the items to be computed about their financial performance in relation to the sales for the period. It can help management to dictate unusual items, errors, and other outliers.
c) The balance sheet trend analysis shows whether the entity's financial position is improving or not in relation to the base period. Each item is compared horizontally across periods. The calculation of trend uses the amount in the non-base year and divides it by the amount of the base year x 100.
Equipment costing $20000 is purchased by paying $5000 cash and signing a note payable for the remainder. The journal entry should include a credit to Equipment. debit to Cash. credit to Notes Receivable. credit to Notes Payable.
Answer:
The journal entry should include d. credit to notes payable
Explanation:
As the equipment is purchased and it is an asset, the increase in asset is recorded as a debit to the respective account. Thus, Equipment will be debited. So, the option a. credit to Equipment is incorrect.
The equipment is purchased and it is partially paid for using cash which is an asset and it decreased due to this payment, the decrease in asset is recorded as a credit to the respective account. Thus, Cash will be credited. So, the option b. debit to Cash is incorrect.
There is no involvement of Notes receivable in this transaction. Notes receivable is an asset and here we are using notes payable to cover for the remaining payment of the Equipment. Thus, the option c. credit to Notes Receivable is incorrect.
For the remaining payment of the equipment, a notes payable is signed which is a liability. As the increase in liability is credited, option d. credit to notes payable is the correct answer.
Use airlines uses the following performance measures. Classify each of the performance measures below into the most likely balanced scorecard perspective it relates to.
C (customer),
P (internal process),
I (innovation and growth), or
F (financial).
1. Cash flow from operations
2. Number of reports of mishandled or lost baggage
3. Percentage of on-time departures
4. On-time flight percentage
5. Percentage of ground crew trained
6. Return on investment
7. Market value
8. Accidents or safety incidents per mile flown
9. Customer complaints
10. Flight attendant training sessions attended
11. Time airplane is on ground between flights
12. Airplane miles per gallon of fuel
13. Revenue per seat
14. Cost of leasing airplanes
Answer:
1. Cash flow from operations: F (financial).
2. Number of reports of mishandled or lost baggage: C (customer).
3. Percentage of on-time departures: C (customer).
4. On-time flight percentage: C (customer).
5. Percentage of ground crew trained: I (innovation and growth).
6. Return on investment: F (financial).
7. Market value: F (financial).
8. Accidents or safety incidents per mile flown: P (internal process).
9. Customer complaints: C (customer).
10. Flight attendant training sessions attended: I (innovation and growth).
11. Time airplane is on ground between flights: P (internal process).
12. Airplane miles per gallon of fuel: P (internal process).
13. Revenue per seat: F (financial).
14.Cost of leasing airplanes: F (financial).
Explanation:
The performance measures associated with an airline business are;
1. Customer (C): this is comprised of all the passengers or clients that did business with the airline company in the past or in the future. It gives a details into everything pertaining to these clients.
2. Financial (F): this is a measure of all the revenues and expenses associated with the successful running of the airline business.
3. Innovation and growth (I): this is a measure of the manpower or labor, equipments, welfare and training used to ensure the business continues to run smoothly, effectively and efficiently.
4. Internal process (P): it involves all of the strategic decisions, policies, rules and regulations formulated by the executive management in order to enhance the smooth operations of the airline business.
The seller is allowed to keep the good faith deposit as liquidated damages after a buyer breaches the purchase agreement. Generally, how will the deposit be distributed after costs incurred on the seller's behalf have been paid
Answer:
the payment is divided equally between the seller and the listing broker.
Explanation:
A good faith deposit is the amount of money that a buyer pays upfront when making an offer in order to show the seller that he/she is making a serious offer. This money is placed in an escrow and added to the final payment unless the buyer breaches the offer contract. In which case the payment is divided equally between the seller and the listing broker.
Grand Adventure Properties offers a 9.4 percent coupon bond with annual payments. The yield to maturity is 11.2 percent and the maturity date is 11 years from today. What is the market price of this bond if the face value is $1,000?
Answer:
$889.28
Explanation:
The price of the bond can be computed using the below formula for bond price calculation:
bond price=face value/(1+r)^n+coupon*(1-(1+r)^-n)/r
face value is $1000
r is the yield to maturity which is 11.2%
coupon=face value*coupon rate=1000*9.4%=94
n is the number of coupons the bond would pay which is 11 coupons over 11 years
bond price=1000/(1+11.2%)^11+94*(1-(1+11.2%)^-11)/11.2%
bond price=$889.28
As supervisors and managers, should one be limited to how one writes by an arbitrary style manual?
Answer:
As supervisors and managers its not necessary that you should be limited to or write by an arbitrary style manual.
Explanation: As supervisors and managers its not necessary that you should be limited to or write by an arbitrary style manual. as a supervisor or manager, you are not limited to arbitary style of manual writing, As generally there is no standard of writing Manual. As the only known or recognizable form is a styl guide and this Varies in each and every organizations.
Describe the purposes of the General Journal, General Ledger, Trial Balance, and Financial Statements, and how they "flow into" each other.
Hodgkiss Mfg., Inc., is currently operating at only 80 percent of fixed asset capacity. Fixed assets are $462,000. Current sales are $550,000 and projected to grow to $790,625. How much in new fixed assets are required to support this growth in sales
Answer:
New Fixed assets required = $69300
Explanation:
To calculate the amount of new fixed assets required to support project sales, we first need to determine the amount of fixed assets required to support $1 of sale.
The sales value at full capacity is,
Full capacity sales = 550000 / 0.8
Full capacity sales = $687500
To calculate the $ amount of fixed asset required to support $1 in sales, we need to calculate the ratio of fixed assets to sales. The ratio is,
Fixed assets to sales = 462000 / 687500
Fixed assets to sales = 0.672
Thus, to support a sales level of $790625, the total amount of fixed assets needed will be,
Total fixed assets needed = 790625 * 0.672 = $531300
New Fixed assets required = 531300 - 462000 = $69300
PLEASE HELP ASAP *(only right answers plz)* Which example is an investment commodity? (Select the best answer.) steel shares in a company microfinancing a rare painting Which option allows you to pool your money and invest in a portfolio with other investors? (Select the best answer.) a 529 plan an IRA account a mutual fund a 401(k) plan Which piece of information is typically included in a stock listing? (Select the best answer.) the predicted price of the stock over the next year the company's SEC registration credentials the number of shares of stock sold in a previous day the number of shares of stock sold in the previous year Which type of investment income happens when an investor sells ownership in an equity investment that's gained value? (Select the best answer.) capital gains dividends interest equity gains
Answer: Steel; A mutual fund; the number of shares of stock sold in a previous day; Capital gains
Explanation:
1. Which example is an investment commodity?
Steel is an example of an investment commodity. A commodity is a raw material that one can purchase and later sell. Of all the examples given, steel is the right answer.
2. Which option allows you to pool your money and invest in a portfolio with other investors?
A mutual fund is a kind of investment whereby the money gotten from the investors is used to invest in bonds, stocks, bonds or any other investment. Mutual fund allows one to pool one's money and invest in a portfolio with other investors.
3. Which piece of information is typically included in a stock listing?
During stock listing, the number of shares of stock sold in a previous day are included.
4. Which type of investment income happens when an investor sells ownership in an equity investment that's gained value?
Capital gain is the profit that is made by a company when a capital asset, such as bond, stock or real estate is sold and the amount that the asset is sold is more than the purchase price.
The investment income that happens when an investor sells ownership in an equity investment that's gained value is capital gains.
Seeking products or services that have been successful in one market and introducing the same basic product or service in another segment of the market is referred to as _____________ new entry.
Answer:
Imitative new entry
Explanation:
This is called imitative new entry. There are business imitators who are interested in capitalizing on existing and proven success in the business venture they want to enter.
It is used by entrepreneurs who have seen business success in a particular business line and then they go ahead to introduce the same service or product in a different segment of the market. Entrepreneurs use this when they think are better equipped to do a job than the already existing competitor.
Seeking products or services that have been successful in one market and introducing the same basic product or service in another segment of the market is referred to as _____________ new entry