Answer:
Divisional product structure
Explanation:
Divisional product structure is also referred to as a product based structure. Employee are shared into divisions based on products they manufacture and sell within a particular geographic location.
The advantage of this structure is that employees work efficiently on the production and sale of one particular product.
This is ideal for ABC production that are expanding from a single product line into several diverse product groups, with most sales within one country.
If one concurs with the school of ethical universalism, then one believes that:_______
A. The most fundamental concepts of what is right and what is wrong are universal and transcend most all cultures, societies, and religions; thus, it is entirely appropriate to expect all members of society (including all personnel of all companies worldwide) to conform to universal ethical standards.
concepts of right and wrong as they apply to business behavior are universally considered as being varying shades of gray, never absolute (i.e. black or white).
B. Because what is deemed right or wrong, fair or unfair, moral or immoral, ethical or unethical in business situations is universally regarded as somewhat flexible, then what constitutes ethical conduct should be judged in light of local customs and social mores and can legitimately vary from one culture or nation to another.
C. Since ethical standards are universally flexible, each company has a window within which it can define and implement its own ethical principles of right and wrong.
D. Since ethical standards are universally flexible, each country should have some degree of latitude in setting its own ethical standards for judging the ethical correctness of business actions/behaviors within its borders.
Answer: A. The most fundamental concepts of what is right and what is wrong are universal and transcend most all cultures, societies, and religions; thus, it is entirely appropriate to expect all members of society (including all personnel of all companies worldwide) to conform to universal ethical standards.
Explanation:
Ethical Universalism means that even though humans across most cultures and societies were divided by geography for ages and so developed in isolation for a time, they still adopted similar standards on what was right and what was wrong.
As a result, the most fundamental concepts of right and wrong are a shared variable across most cultures which means that in business, it is indeed possible to expect a global set of ethical standards that all people can subscribe to.
[Tutorial] 888^210^2883 Fix Login Problems of QuickBooks Online on Chrome & Mac
Answer:
what is this can you explain?
________ mark(s) a change of focus between phases or between the ongoing operations and execution of a branch of sequel.
Answer:
"Transitions" is the correct choice.
Explanation:
A transition meaning seems to be a concept as well as a sequence of characters that connect something else that occurred previously to what follows. The transition has become a transformation through one process or step to another. One illustration of something like a transition seems to be what occurs throughout active labor as well as the birth of an infant.2. Earl Broker is 25 years old, senior in college and he decides to put $150 every year in a Roth IRA through Vanguard Total
Stock Market ETF. It gives the return of 10%. Find the total sum he will receive when he will withdraw the money in his
65th birthday.
$66,38.8.86
O $68,588.48
O C$60,688.58
O $65,688
Answer: a) $66,388.86
the total sum Earl will receive when he withdraws the money in his 65th birthday is $66,388.86
Explanation:
Given that;
Annuity = $150
r = 10%
Earl is 25years now
Earl plans to withdraw the money when he is 65
which mean Period N = ( 65 - 25 ) = 40
To find the future value, we use use the express
Future value = annuity × (((1+r)^n)-1)/r)
we substitute our values
Future Value = 150 × (((1 + 10/100)^40)-1)/10/100)
= 150 × (((1.10)^40)-1) / 0.01)
150 × ((45.2592 - 1)/0.1)
150 × 442.5924
Future Value = $66,388.86
therefore the total sum Earl will receive when he withdraws the money in his 65th birthday is $66,388.86
What is the future value of $3,400 in 18 years assuming an interest rate of 8.7 percent compounded semiannually?
Answer:
$15,747.34.
Explanation:
The Future Value of the Investment, FV can be determined using a financial calculator as follows :
Pv = - $3,400
n = 18 × 2 = 36
p/yr = 2
r = 8.70 %
Pmt = $0
Fv = ?
Using a Financial calculator, the Future Value of the Investment, FV is $15,747.34.
An instrument through which a bank retains title to goods until they are paid for is called a (n):a.) bill of exchangeb.) commercial letter of creditc.) trust receiptd.) documentary draft
Answer:
c.) trust receipt
Explanation:
A trust receipt is a receipt i.e. to be considered a financial document attended by the bank and the business who has received the goods delivery and unable to pay the amount unless the inventory is sold
Here, the bank retains the goods unless it is to be paid
so this scenario represents the trust receipt and the same is to be considered
hence, the correct option is c. trust receipt
Suppose Kansas Corp. purchased this equipment on July 17, 20X6, and sold it on April 19, 20X8, for $95,000. The amount of gain or loss is:
Answer:
loss on sale: ($10,000)
Explanation:
some information is missing, so I looked it up:
the equipment was purchased at $140,000
estimated useful life: 5 years
residual value: $40,000
using straight line depreciation, the depreciation expense per year = ($140,000 - $40,000) / 5 years = $20,000
total depreciation expense between purchase and sale:
mid-month July 20x6 - mid-month July 20x7 = $20,000
mid-month July 20x7 - mid-month April 20x8 = $20,000 x 9/12 = $15,000
carrying value at the moment of sale = $140,000 - $35,000 = $105,000
loss on sale = $95,000 - $105,000 = ($10,000)
Suppose the direct quote for sterling in New York is $1.3110‑5. Then the direct quote for dollars in London is:
Answer:
0.7625-80
Explanation:
The computation of the direct quote for dollars in London is shown below:
Direct quote is
= 1 ÷ direct quote in new york
where,
direct quote in new york is 1.3115
Now place these values to the above formula
So, the direct quote is
= 1 ÷ 1.3115
= 0.7625-80
Hence, the direct quote for London in dollars is 0.7625-80
We simply applied the above formula
Which of the following will vary the length of the grace period in health insurance policies?a. The length of any elimination periodb. The length of time the insured has been insuredc. The term of the policyd. The mode of the premium payment
Answer:
The mode of the premium payment
Explanation:
A grace period is a period that occurs instantly when there is a deadline that attracts the late fee or the action that would be taken in the case when the deadline is not meet.
Here in case the health insurance policies, the mode of the premium payment would vary the length of the grace period and hence the same is to be considered
Therefore the last option is correct
Which of the following items would be included on the capital expenditures budgeta. spending for adding a new product line.
b. spending for admin fees
c. spending for labor.
d. spending for utili.ties.
Answer:
A
Explanation:
Capital expenditures are a long-term investment. It is the purchase of assets with a useful life of at least one year
Miles, a software designer, received a performance review that he feels is incorrect. Miles would like to discuss his concerns with an impartial individual at his firm. What are the best two individuals for Miles to contact in this situation
Complete Question:
Miles, a software designer, received a performance review that he feels is incorrect. Miles would like to discuss his concerns with an impartial individual at his firm. What are the best two individuals for Miles to contact in this situation?
Group of answer choices
A) mediator and ombudsperson
B) HR manager and arbitrator
C) ombudsperson and HR manager
D) arbitrator and union steward
Answer:
C) ombudsperson and HR manager.
Explanation:
Since Miles feel the performance review he received is incorrect and as such would like to discuss his concerns with an impartial individual working at his firm. The two best individuals for Miles to contact in this situation are an ombudsperson and HR manager.
An ombudsperson refers to a public official who acts as an impartial or neutral intermediary between employees and the executive management by mediating in ethical manner during times of dispute or conflict in an organization.
On the other hand, HR manager is a human resource manager and is saddled with the responsibility of effectively managing the employees working in an organization and other employee-related activities such as training, recruitment, performance management, job design and functions.
Hence, an ombudsperson and HR manager are impartial and neutral and as such would provide a safe, comfortable, and confidential environment for Miles to discuss his concerns.
If Ct denotes consumption, It denotes investment, and Yt is output, the resource constraint in the Solow model is: Group of answer choices
Answer: Yt = Ct + It
Explanation:
If Ct denotes consumption, It denotes investment, and Yt is output, the resource constraint in the Solow model is Yt = Ct + It.
The Solow model believes that when there is a sustained increase in the capital investment, there is a temporary rise in growth rate. It should be noted that savings equals investment and also income is the addition of consumption and savings. Therefore,
Yt = Income
Ct = Consumption
It = Investment = Savings
Therefore, Yt = Ct + It
A supplier has offered to sell the component to Carver for per unit. If Carver buys the component from the supplier, the released facilities can be used to manufacture a product that would generate a contribution margin of annually. Assuming that Carver needs components annually and that the fixed manufacturing overhead is unavoidable, what would be the impact on operating income if Carver outsources?
Answer:
A. Operating income would decrease by $100,000
Explanation:
The computation of the impact on operating income if Carver outsources is shown below:-
Particulars Per unit 3,000 units
Make Buy Make Buy
Direct material 410 1,230,000
Direct labor 110 330,000
Variable manufacturing
overhead 90 270,000
Opportunity cost 20,000
Purchase cost 650 1,950,000
Total cost 1,850,000 1,950,000
Operating income would decrease
= $1,950,000 - $1,850,000
= $10,000
Good Firm is highly profitable and will grow rapidly in the future. Bad Firm faces the same risks but barely makes a profit and will not grow at all. In an efficient market, _____.
Answer: B.both stocks are equally good investments
Explanation:
The options are;
A.it is better to buy shares in Bad Firm
B.both stocks are equally good investments
C.it is better to buy shares in Good Firm
D.both stock prices react equally to the same information
From the question, we are informed that Good Firm is highly profitable and will grow rapidly in the future while Bad Firm faces the same risks but barely makes a profit and will not grow at all. It should be noted that In an efficient market, both stocks are equally good investments.
A Question of Ethics—Stare Decisis. On July 5, 1884, Dudley, Stephens, and Brooks—"all able-bodied English seamen"—and a teenage English boy were cast adrift in a lifeboat following a storm at sea. They had no water with them in the boat, and all they had for sustenance were two one-pound tins of turnips. On July 24, Dudley proposed that one of the four in the lifeboat be sacrificed to save the others. Stephens agreed with Dudley, but Brooks refused to consent—and the boy was never asked for his opinion. On July 25, Dudley killed the boy, and the three men then fed on the boy’s body and blood. Four days later, the men were rescued by a passing vessel. They were taken to England and tried for the murder of the boy. If the men had not fed on the boy’s body, they would probably have died of starvation within the four-day period. The boy, who was in a much weaker condition, would likely have died before the rest. [Regina v. Dudley and Stephens, 14 Q.B.D. (Queen’s Bench Division, England) 273 (1884)] (See Common Law Tradition.) 1. The basic question in this case is whether the survivors should be subject to penalties under English criminal law, given the men’s unusual circumstances. You be the judge and decide the issue. Give the reasons for your decision. 2. Should judges ever have the power to look beyond the written "letter of the law" in making their decisions? Why or why not?
Answer:
Considering the first question
As the judge my decision will be to penalize the man under the law for the crime they have committed
because the only justification for taking the life of another is self-defense, and given that the younger man didn't appears as a threat to the stronger man remaining man.
Considering the second question
It is obligation of the court to carry out their activities within the letter of the law.in addition to that for judges they know that the spirit of the law is crucial, so it is the obligation of the a judge to look beyond the letters of law to the intent of the law as it relates to the issues of the case they are settling
Explanation:
The standard direct labor cost for producing one unit of product is 5 direct labor hours at a standard rate of pay of $20. Last month, 18000 units were produced and 88000 direct labor hours were actually worked at a total cost of $1584000. The direct labor quantity variance was
Answer:
Direct labor time (efficiency) variance= $40,000 favorable
Explanation:
Giving the following information:
The standard direct labor cost for producing one unit of product is 5 direct labor hours at a standard rate of pay of $20.
Last month, 18000 units were produced, and 88000 direct labor hours.
To calculate the direct labor quantity variance, we need to use the following formula:
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
Standard quantity= 18,000*5= 90,000
Direct labor time (efficiency) variance= (90,000 - 88,000)*20
Direct labor time (efficiency) variance= $40,000 favorable
"A customer places an order to sell 100 shares of ABC at the market. The initial execution report shows the trade occurring at $75.50. The firm later discovers that the trade occurred at $75.13. Which statement is TRUE?"
Answer: The customer will receive $7,513 less any applicable commissions
Explanation: Based in the description made in the scenario above, with the initial execution report carrying a trade value different from the actual trading value of the shares. Since the error actually occurred in the initial execution report and not in the actual trade bargain, the the customer will receive $75.13 which happens to be the actual trading price as opposed to the $75.50 as reported initially. Hence, the initially issued and faulty execution report is withdrawn and the customer is issued with a corrected copy carrying a value of $75.13.
Aryanna invests $30,000 today into an investment that earns 5% annually, but interest is compounded continuously. What is the future value of this investment 15 years from today
Answer:
Future Value =$62,367.85
Explanation:
The rate of return earned on the investment can be worked out using the Future value of a lump sum formula. The future value of a lump sum is the amount lump would amount to if interest is earned and compounded at a certain interest rate.
The formula is FV = PV × (1+r)^(n)
PV = Present Value- 30,000
FV - Future Value, - ?
n- number of years- 15
r- interest rate - 5%
Future Value = 30,000× 1.05^15 =62,367.85
Future Value =$62,367.85
A stock just paid an annual dividend of $2.9. The dividend is expected to grow by 8% per year for the next 4 years. The growth rate of dividends will then fall steadily by 1.5% per year, from 8% in year 4 to 2% in year 8 and stay at that level forever. The required rate of return is 12%.1. What is the stock price if the dividend growth rate will stay 0.05 (5%) forever after 6 years?2. In 6 years, the P/E ratio is expected to be 25 and the payout ratio to be 80%. What is the stock price when using the P/E ratio?
Answer:
1)
Div₀ = $2.90
Div₁ = $3.132
Div₂ = $3.38256
Div₃ = $3.65316
Div₄ = $3.94542
Div₅ = $4.20187
Div₆ = $4.41196 (an then g = 5% forever)
rrr = 12%
terminal value at end of year 5 = $4.41196 / (12% - 5%) = $63.03
current stock price P₀ = $3.132/1.12 + $3.38256/1.12² + $3.65316/1.12³ + $3.94542/1.12⁴ + $4.20187/1.12⁵ + $63.03/1.12⁵ = $2.796 + $2.697 + $2.600 + $2.507 + $2.384 + $35.765 = $48.749
P₀ = $48.749
2) following question 1, if the payout ratio is 80%, then total earnings per share (EPS) = $4.41196 / 0.8 = $5.51495 per share
if P/E ratio = 25, then the price of each stock in 6 years = 25 x $5.51495 = $137.87
A US Bank has $500 million in deposits. The current reserve ratio is 10%. Velocity of money is 2. What is the impact on GDP
Answer:
GDP will increase by :
GDP increase = $5 billion * 2
= $10 billion
The impact on GDP given the scenario is that through the $500 million bank deposit alone, the GDP will increase by $10 billion.
Explanation:
a) Data and Calculations:
Bank deposits = $500 million
Current reserve ratio = 10%
Velocity of money = 2
Money supply by this bank deposit = Deposit/reserve ratio
= $500 million/0.1
= $5 billion
Therefore, impact on GDP:
GDP will increase by = $5 billion * 2
= $10 billion
b) The Velocity of money measures the rate at which money is exchanged in the US economy. It is calculated by dividing GDP by the money supply.
You’re the manager of global opportunities for a U.S. manufacturer, who is considering expanding sales into Asia. Your market research has identi-
fied the market potential in Malaysia, Philippines, and Singapore as described next:
Success Level Big Mediocre Failure
Malaysia Probability 0.3 0.2 0.5
Units 1,200,000 384,000 0
Philippines Probability 0.4 0.3 0.3
Units 1,400,000 700,000 0
Singapore Probability 0.1 0.7 0.2
Units 500,000 300,000 0
The product sells for $10 and has unit costs of $8. If you can enter only one market, and the cost of entering the market (regardless of which market you select) is $250,000, should you enter one of these markets? If so, which one? If you enter, what is your expected profit?
Answer:
a) Yes.
b) Philippines
c) Expected profit is $1,540,000
Explanation:
a) Data and Calculations:
Market potential in Malaysia, Philippines, and Singapore as described next:
Success Level Big Mediocre Failure Expected units
Malaysia Probability 0.3 0.2 0.5
Units 1,200,000 384,000 0
Expected units 360,000 76,800 0 436,800
Philippines Probability 0.4 0.3 0.3
Units 1,400,000 700,000 0
Expected units 560,000 210,000 0 770,000
Singapore Probability 0.1 0.7 0.2
Units 500,000 300,000 0
Expected units 50,000 210,000 0 260,000
b) Determination of outcomes:
Malaysia Philippines Singapore
Expected units 436,800 770,000 260,000
Contribution per unit $2 $2 $2
Contribution margin $873,600 $1,540,000 $520,000
Cost of market entrance 250,000 250,000 250,000
Net Income $623,600 $1,290,000 $270,000
Canada and Mexico are the same distance from the United States, but trade is higher between the U.S. and Canada than with Mexico because
Answer:
supply and demand i think
Explanation:
its supply and demand maybe people want more things from canada or its the import taxes from importing things from mexico to over here
A company sells cupcakes for $4.25 each. If the variable costs are $1.95, what is the contribution margin
Answer:
Contribution margin per unit = $2.3
Explanation:
The contribution margin per unit is the contribution or amount provided by the sale of each unit towards covering the fixed costs of the business. The contribution margin per unit is calculated by subtracting the unit variable costs by the sales revenue per unit.
Contribution margin per unit = Sales revenue per unit - Variable cost per unit
Contribution margin per unit = 4.25 - 1.95
Contribution margin per unit = $2.3
An example of a good that is non-rival but exclusive is A. a pay-TV channel. B. public radio. C. hunting in a public game area. D. national defense.
Answer:
A
Explanation:
A good is non rival if it can be used by many people.
A good is exclusive if it is not accessible to everybody. There are some criteria to be met before a person can assess the good or service.
A pay-tv channel is exclusive because you have to pay before you can enjoy the services but it is non rivalled because more than one person can enjoy the services
Peter's Audio has a yield to maturity on its debt of 7.8 percent, a cost of equity of 12.4 percent, and a cost of preferred stock of 8 percent. The firm has 105,000 shares of common stock outstanding at a market price of $22 a share. There are 25,000 shares of preferred stock outstanding at a market price of $45 a share. The bond issue has a total face value of $1.5 million and sells at 98 percent of face value. If the tax rate is 34 percent, what is the weighted average cost of capital?
Answer:
the weighted average cost of capital is 9.22 %.
Explanation:
Weighted average cost of capital is the weighted return required by all providers of permanent sources of finance to the Company.
WACC = ke × (e/v) + kp × (p/v) + kd × (d/v)
where,
ke = cost of equity
= 12.40 %
e/v = weight of equity
= ($22 × 105,000) ÷ ($22 × 105,000 + $45 × 25,000 + $1,500,000 × 98%)
= 0.4709
kp = cost of preference stock
= 8.00 %
p /v = weight of preference stock
= ($45 × 25,000) ÷ ($22 × 105,000 + $45 × 25,000 + $1,500,000 × 98%)
= 0.2294
kd = cost of debt
= Interest × ( 1 - tax rate)
= 7.80 % × (1 - 0.34)
= 5.148%
d/v = weight of debt
= ($1,500,000 × 98%) ÷ ($22 × 105,000 + $45 × 25,000 + $1,500,000 × 98%)
= 0.2997
Therefore,
WACC = 12.40 % × 0.4709 + 8.00 % × 0.2294 + 5.148% × 0.2997
= 9.22 %
In the United States, sole proprietorships and partnerships outnumber corporations.a. Trueb. False
Answer:
a. True
Explanation:
The sole proprietorship and partnerships outnumber corporations in United States but they net fewer sales and less income than corporations, individually and when combined.
The internal business perspective of the balanced scorecard answers which of the following questions?
A) How do customers see us?
B) What must we excel at?
C) How do we look to shareholders?
D) Can we continue to improve and create value?
Answer:
B) What must we excel at?
Explanation:
The internal business perspective is about improving the company's internal processes by focusing and exploiting the company's core competencies. What actions and decisions are needed in order for us to excel and increase customer satisfaction.
A) How do customers see us? ⇒ CUSTOMER PERSPECTIVE
C) How do we look to shareholders? ⇒ FINANCIAL PERSPECTIVE
D) Can we continue to improve and create value? ⇒ INNOVATION AND LEARNING PERSPECTIVE
Because of greater uncertainties, misunderstandings and transport delays, safety stocks must be larger. Group of answer choices True False
Answer:
True
Explanation:
Safety stock is a term used in business or procurement operation to define an extra quantity of commodities or products that is kept or set aside in inventory of a company to prevent or guide against any unforeseen uncertainties, misunderstandings, and transport delays, that may arise during the business operation.
Hence, in this case, the correct answer is TRUE
The biggest transportation mode in terms of spending is: a. Rail b. Trucking c. Air d. Ocean e. Pipeline
Answer:
Air
Explanation:
In terms of spending, the biggest mode of transportation is air transportation. It is used to convey items that are perishable and that have relatively high value.
When evaluating investments, you can get data from engineering, marketing and sometimes accounting. Do you think any of these organizations have internal biases? If so, as a member of the finance department, how would you deal with them?
Answer: The evaluation of investments is important for knowing the real picture of the financial status of the organization.
Explanation:
The organization may have an internal bias that presenting the data for evaluating the investment. Being a member of the finance department I will suggest the organization get the financial statements and other finance-related documents so as to detect the internal bias in the investment statement.