Answer:
c) the mean, upper control limit, lower control limit and warning lines that are two sigma from the mean are indicated by horizontal lines in the control chart.
Explanation:
Walter Shewhart is regarded as an important personality in the history of quality management. He asserted that the behavior of real processes had the tendency to change as time changed and it was not the behaviur of theoretical random distributions.
Walter Shewhart posited that causes of variation could be divided into two which are chance cause and assignable cause. He maintained that chance causes could be ignored if they did not cause too much variation, and any attempt to eliminate them usually made the problem worse. He however posited that it was possible to fix assignable causes.
Walter Shewhart invented control chart in order to differentiate between variations caused by random events and trends that indicated assignable causes. There is time and a plot of sample measurements on the bottom axis of a control chart. The mean, upper control limit, lower control limit, and warning lines that are two sigma from the mean are indicated by horizontal lines.
Based on the above explanatio, the correct option is c) the mean, upper control limit, lower control limit and warning lines that are two sigma from the mean are indicated by horizontal lines in the control chart.
Which of these are considered both short- and long-term investments? Select four options.
CDs
stocks
savings accounts
mutual funds
bonds
commodities
Edge answers please
Answer:
CDs
Stocks
Mutual funds
Commodities
Explanation:
:)
'Investments' are defined as the 'process of allocating money having an aim of receiving a profit.'
The items that can be considered as both the short, as well as, long-term investments would be:
A). CDs
B). Stocks
C). Mutual funds
E). Commodities
A CD or Certificate of Deposit(CD) is characterized as both the 'short, as well as, long-term' investment because it provides interest and offers a lump-sum on its maturity. Stocks are also such an investment as it offers both intra-day trade and long-term holding options as well. Mutual funds are also a good option for generating both regular incomes in the short-term and big capital gain over a time period. Commodities like gold, crude oil, etc. also offer such an option as it is the item whose price keeps growing and thereby providing an opportunity to earn.Thus, options A, B, C, and E are the correct answers.
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Farmers Bank offers to lend you $50,000 at a nominal rate of 5.0%, simple interest, with interest paid quarterly. Merchants Bank offers to lend you the $50,000, but it will charge 6.0%, simple interest, with interest paid at the end of the year. What's the difference in the effective annual rates charged by the two banks? a. 1.56% b. 1.30% c. 0.72% d. 0.91% e. 1.09%
Answer: d. 0.91%
Explanation:
Farmers Bank
Effective annual rate is calculated with the formula:
= (1 + Rate / number of compounding period in a year) ^ number of compounding periods in a year - 1
= ( 1 + 5%/4 quarters) ⁴ - 1
= 5.09%
Merchants bank's rate is already an annual figure so there is no need for conversion.
Difference is:
= 6% - 5.09%
= 0.91%
ILL GIVE BRAINLIEST Jessie has been renting for several years and although many of his friends have purchased a home, Jessie believes renting is best for him. What is one advantage Jessie receives from renting? *
A. privacy
B. tax deductions received
C. greater flexibility in moving
D. ability to make permanent changes to his apartment
Answer:
B and D
Explanation:
Answer:
maybe it is c greater flexibility in moving
or none of them are that much profit
If ending inventory is understated, _______. cost of goods sold will also be understated accounts receivable balances will be overstated cost of goods sold will be overstated accounts payable balance will be understated
Answer:
cost of goods sold will be overstated
Explanation:
An inventory turnover can be defined as a measure of the amount of times an inventory is used or sold by an organization at a specific period of time. The inventory turnover is calculated by dividing cost of goods sold by average inventory.
Generally, if ending inventory is understated, cost of goods sold will be overstated because it is typically considered to be an expense.
A periodic system of inventory can be defined as a method of financial accounting, that typically involves updating informations about an inventory on a periodic basis (at specific intervals) as the sales or purchases are being made by the customers, through the use of either an enterprise management software applications or a digitized point-of-sale equipment.
A perpetual inventory system is a type of inventory management that continuously records in real-time the amount of inventory sold or purchased through the use of enterprise software or technological software applications such as a point of sale (POS).
Under a perpetual system of inventory, updates of the journal entry for cost of goods sold or received would include debiting accounts receivable and crediting sales immediately as it is being made or happening. The advantage of the perpetual system of inventory over the periodic system of inventory is that, it ensures the inventory account balance is always accurate provided there are no spoilage, theft etc. Also, the periodic system of inventory is a function of the cost of goods sold.
A bond discount must be amortized using the effective-interest method if it yields annual amounts that are materially different than the straight-line method. be amortized using the straight-line method if it yields annual amounts that are materially different than the effective-interest method. always be amortized using straight-line amortization. always be amortized using the effective-interest method.
Answer:
A bond discount must:
always be amortized using the effective-interest method.
Explanation:
The effective interest method is the accepted accounting standard used to amortize bond discounts. It is also preferred by investors and analysts who want to determine the actual interest earned on the bonds. It is more logical than the straight-line method. Therefore, it must always be used, except for the simplicity offered by the straight-line method.
True or False ?
Classifying authority and power is part of the organization process and structure.
Young Company has the following assets and liabilities: Assets Cash $35,000 Accounts receivable 15,000 Inventory 30,000 Equipment 50,000 Liabilities Current portion of long-term debt $10,000 Accounts payable 2,000 Long-term debt 25,000 Determine the quick ratio (rounded to one decimal point).
Answer: 4.2
Explanation:
The quick ratio will be calculated as:
= Current assets / Current liabilities
where,
Current asset = Cash + Account receivable = $35000 + $15000 = $50000
Current liabilities = Long term debt + Account payable = $10000 + $2000 = $12000
Quick ratio = Current assets / Current liabilities
= $50000 / $12000
= 4.2
g Mr. and Mrs. David file a joint tax return. They have $169,300 taxable income in 2020, $120,300 of which is ordinary income and $49,000 of which is taxed at a 15% preferential rate. Compute their tax savings from the preferential rate.
Answer:
$5,860
Explanation:
Computation for their tax savings from the preferential rate
First step is to calculate their tax liability
Using this formula
Tax liability =[Tax amount on $169,300 ordinary income-(Tax Amount on $120,300 ordinary income +Tax amount on $49,000 preferential income)]
Let plug in the formula
Tax Savings=[$35,648-($22,438+$7,350)]
Tax Savings=$35,648-$29,788
Tax Savings=$5,860
Therefore their tax savings from the preferential rate is $5,860
Consider two perfectly negatively correlated risky securities A and B. A has an expected rate of return of 10% and a standard deviation of 16%. B has an expected rate of return of 8% and a standard deviation of 12%. The risk-free portfolio that can be formed with the two securities will earn a(n) _____ rate of return.
After many years, a small community builds a toll road but discovers that it is not used very much. If it wishes for the road to be used at the socially optimal level, the community should: set the toll higher. set the toll lower. set the toll equal to $1. build another toll road.
Answer:
Build another toll road because then they won't have any option but to actually use it since there will be 2
After several years, a tiny municipality constructs a toll road, only to learn that it is rarely utilized. If it wants the road to be used in the most socially beneficial way possible, the community should set the toll higher.
What is the toll road?A toll road is often known as a turnpike or tollway, is a public or private road that charges a fee to use. It is a type of road pricing that is commonly used to recuperate the expenses of road construction and maintenance.
Every road requires upkeep and renovation, which is costly. There is no such thing as a completely paid-for road. A road, like your house, requires regular upkeep and repair. Tolls provide a long-term source of money for road maintenance and improvement.
Therefore, a small municipality builds a toll road only to discover that it is rarely used. If the community wants the road to be used in the most socially advantageous way possible, it should raise the toll.
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Waterpark Co. had a decrease in deferred tax liability of $38 million, a decrease in deferred tax assets of $28 million, and an increase in tax payable of $118 million. The company is subject to a tax rate of 25%. The total income tax expense for the year was: Group of answer choices
Answer:
the total income tax expense is $208 million
Explanation:
The computation of the total income tax expense for the year is shown below;
Income tax expense = Increase in tax payable + decrease in deferred tax assets - decrease in deferred tax liability
= $118 million + $128 million - $38 million
= $208 million
Hence, the total income tax expense is $208 million
Antony Johnson works in the human resources department of a small wholesale company. His boss has delegated to Johnson the job of finding a replacement for the company's shipping dock supervisor who has recently retired. Johnson will have total responsibility for filling this position. Johnson will be:
Answer:
made accountable
Explanation:
In an organisation when total responsibility is placed on a staff for a particular task, he is accountable for the outcome.
In the given scenario his boss has delegated to Johnson the job of finding a replacement for the company's shipping dock supervisor who has recently retired.
Johnson will need to find a person that meet the technical and moral standards that the job requires.
Johnson will be held accountable for the performance of the replacement staff.
4. Suppose that the exchange rate adjusts so that interest-rate parity holds. Further, suppose the interest rate on a one-year South Koran bond is 6 percent and the interest rate on a one-year U.S. bond is 2 percent. a) If you expect the exchange rate in one year to be 1,100 South Korean won per USD, what is the exchange rate today
Answer:
The exchange rate today is 1,058.5
Explanation:
Interest rate on 1 year South Korean bond = 6% or 0.06
Interest rate on 1 year U.S. bond = 2% or 0.02
Expected Exchange rate in 1 year = 1,100 South Korean won per USD. Let the Exchange rate today = x
[(Interest rate on South Korean bond - Interest rate on U.S. bond)/(1 + Interest rate on 1 year U.S. bond)] + 1 = (Expected Exchange rate in 1 year)/(Expected Exchange rate today)
[(0.06 - 0.02)/(1 + 0.02)] + 1 = 1,100/x
x = [0.04/1.02] + 1 = 1,100/x
x = 1,100/1.0392
x = 1,058.50
So therefore, the exchange rate today is 1,058.5
On January 1, Tundo Company borrowed $190,000 to purchase machinery and agreed to pay 8% interest for six years on an installment note requiring equal payments that are due on the last day of the year. What is the carrying value of the loan at the end of the first year (requires use of present value tables)
Answer: $164,100
Explanation:
Based on the information given, the carrying value of the loan at the end of the first year will be calculated thus:
First, we'll calculate the annual equal installments which will be:
= $190,000 / [1 - (1 + 8%)^-6 / 8%]
= $190,000 / [1 - (1+0.08)^-6) /0.08]
=$41100.
Then, the interest epense for the first year will be:
= $190,000 × 8%
= $190000 × 0.08
= $15,200
The reduction in the principal amount with from borrowing will be:
= $41100 - $15,200
= $25,900
Therefore, the carrying value of the loan at end of first year will be:
= $190,000 - $25,900
= $164,100
Maria is going to a hiking trip this weekend. She has been busy shopping for the trip. Which of these items that she bought are a want for her? A. hiking boots B. sleeping bag C. a new pair of jeans
Answer:
C. a new pair of jeans
Explanation:
Answer:
c
Explanation:
There are historically three 32-month periods of generally rising prices in the stock market for every one 9-month period of falling prices. This observation leads you to conclude that the stock market exhibits a: random pattern. trend pattern seasonal pattern. cyclical pattern.
Answer:
cyclical pattern
Explanation:
In the given situation, it is mentioned that the data represent an upward trend and it shows an downward trend for exact 32 months and 9 months so here we can say that the data should be of cyclical in nature
So as per the given situation, it is the cyclical pattern
Therefore the same to be considered and relevant
Joelle, a designer for a business
Answer:
that's really nice to hear but is this suppose to be an English assignment?
In a proposal to install and monitor a security system statements such as "our company has over 25 years of experience" should appear in what section
Introduction
Body
Closing
Appendix
This chapter discusses many types of costs: explicit costs, implicit costs, total cost, average fixed cost, average variable cost, and marginal cost. Fill in the type of cost that best completes each sentence.
ALL POTENTIAL ANSWERS ARE EITHER AVERAGE FIXED/ AVERAGE VARIABLE/ EXPLICIT/ IMPLICIT/ MARGINAL/ OR TOTAL COST
Profits equal total revenue minus ______________ .
The term __________ refers to costs that involve direct monetary payment by the firm.
_____________ is falling when marginal cost is below it and rising when marginal cost is above it.
The cost of producing an extra unit of output is the _____________ .
__________ is always falling as the quantity of output increases.
The opportunity cost of running a business that does not involve cash outflow is a(an) ____________ .
Explanation:
To find - Fill in the type of cost that best completes each sentence.
Profits equal total revenue minus ______________ .
The term __________ refers to costs that involve direct monetary payment by the firm.
_____________ is falling when marginal cost is below it and rising when marginal cost is above it.
The cost of producing an extra unit of output is the _____________ .
__________ is always falling as the quantity of output increases.
The opportunity cost of running a business that does not involve cash outflow is a(an) ____________ .
Proof -
Profits equal total revenue minus TOTAL COST
.
The term EXPLICIT refers to costs that involve direct monetary payment by the firm.
AVERAGE VARIABLE COST is falling when marginal cost is below it and rising when marginal cost is above it.
The cost of producing an extra unit of output is the MARGINAL COST.
AVERAGE FIXED COST is always falling as the quantity of output increases.
The opportunity cost of running a business that does not involve cash outflow is a(an) IMPLICIT COST.
The discount rate used to calculate the net present value of a capital budgeting project should be: a. The risk-free rate. b. The weighted average cost of capital. c. LIBOR. d. The internal rate of return.
Answer:
B
Explanation:
Capital budgeting is the determination of the profitability of proposed investments
One of the capital budgeting methods is the net present value
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
the Weighted cost of capital is used to determine NPV
WACC = weight of equity x cost of equity + weight of debt x cost of debt x (1 - tax rate)
It is the minimum rate of return a company expects from a project
Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested. It is a captial budgeting method
The balance sheet of Cranium Gaming reports total assets of $380,000 and $680,000 at the beginning and end of the year, respectively. Sales revenues are $1.30 million, net income is $63,000, and operating cash flows are $54,000. Calculate the cash return on assets, cash flow to sales, and asset turnover for Cranium Gaming. (Enter your answers in dollars, not millions (i.e., $10.1 million should be entered as 10,100,000).)
Answer:
See below
Explanation:
1. Cash return on assets
= Operating cash flow / Average total asset
Operating cash flows = $54,000
Average total asset = [($380,000 + $680,000) / 2] = $530,000
Cash return on assets
= $54,000 / $530,000
= 10.19%
2. Cash flow to sales
= Operating cash flows / Net sales
Operating cash flows = $54,000
Net sales = $1,300,000
Cash flow to sales
= $54,000 / $1,300,000
= 4.15%
3. Asset turnover
= Net sales / Average total assets
Net sales = $1,300,000
Average total assets = $530,000
Asset turnover
= $1,300,000 / $530,000
= 2.5 times
Grace is a self-employed sales consultant who spends significant time entertaining potential customers. She keeps all the appropriate records to substantiate her entertainment. She has the following expenses in the current year:
Meals where business was conducted $5,000 Greens fees (all business) 500
Tickets to baseball games (all business) 500
Country Club dues (all business use) 6,000
What are the tax-deductible meals and entertainment expenses Grace may claim in the current year? On which tax form should she claim the deduction?
Answer:
any options?
Explanation:
Answer: Schedule C
Explanation:
Braden and Sons, Inc., paid cash to purchase equipment costing $342,000 this year. Also this year, the company sold for $70,000 cash equipment that originally cost $230,000 5 years ago. How should these transactions be listed in the statement of cash flows
Answer:
The purchases and the sales of equipment must be shown separately as a decrease to cash for $342,000 (purchase) and an increase of $70,000 (sale).
Explanation:
Since the cash is paid for purchased an equipment so the same should be shown in the investing activities as the cash outflow and the company sold $70,000 cash equipment so this also to be shown as the investing activities as the cash inflow
Therefore the last option is correct
In listing these transactions in the Statement of Cash Flows, the proper thing to do is: The purchases and the sales of equipment must be shown separately as a decrease to cash for $342,000 (purchase) and an increase of $70,000 (sale).
The Statement of Cashflows:
Shows the cash transactions of a company Can only show transactions involving actual cashThe amount that was used to purchase equipment was in cash so this will reduce the amount of cash that the company has.
The cash received from the sale of the equipment will be an increase in the company's cash. The previous price of the equipment is irrelevant because it does not involve cash.
In conclusion, the cash made should be added and the cash spent should be deducted.
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a. Simulation can be used to analyze large and complex real-world situations that cannot be solved by using conventional quantitative analysis models b. Simulation can answer what-if types of questions c. Simulation can be used to study the interactive effect of individual components or variables in order to determine which ones are important d. All of the above statements are correct
Answer:
D). All of the above statements are correct.
Explanation:
Simulation can be described as the process designed to offer a realistic experience in order to know the actual mechanism of a specific behavior or outcome.
As per the question, 'all the given statements' are asserting true claims with respect to simulation. Simulation is characterized as an effective process for evaluating large and complicated actual-world circumstances as it is a realistic environment to know the truth and actual causes behind those situations. Such situations cannot be assessed truly using the traditional quantitative models of analysis. It is able to provide answers to the questions like 'what-if' as it observes the realistic nature and promotes effective decision-making. It is also employed to investigate the collective effect of specific variables or components to categorize them as important or not-important as it closely observes every aspect. Thus, option D is the correct answer.
John Company could buy a machine that costs $72,000. It is estimated that it earn nothing until year five, then earn $150,000 in year 5. If the discount figures are .567 for cash received at the end of five years and 3.605 for payments received every year for five years, what is the net present value for this machine
Answer:
$13,050
Explanation:
Net present value is a method of capital budgeting.
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
Net present value = (cash flow in year 5 x year 5 discount rate) - Initial Investment
($150,000 x 0.567) - $72,000
85,050 - $72,000 = $13,050
On June 1, 20X1, Conner Company, a new firm, paid $4,300 rent in advance for a five-month period. The $4,300 was debited to the Prepaid Rent account. On June 1, 20X1, the firm bought supplies for $7,250. The $7,250 was debited to the Supplies account. An inventory of supplies at the end of June showed that items costing $2,950 were on hand. On June 1, 20X1, the firm bought equipment costing $44,160. The equipment has an expected useful life of 8 years and no salvage value. The firm will use the straight-line method of depreciation. Prepare end-of-June adjusting entries for Conner Company.
Answer:
No Account and explanation Debit Credit
1. Rent expense ($4,300/5) $860
Prepaid rent $860
(To record adjusted rent expense)
2. Supplies expense (7,250-2,950) $4,300
Supplies $4,300
(To record adjusted supplies)
3. Depreciation expense $460
[(44,160/8)/12]
Accumulated depreciation $460
(To record depreciation)
If all investors become more risk averse the SML will _______________ and stock prices will _______________. Multiple Choice have the same intercept with a flatter slope; rise shift upward; rise have the same intercept with a steeper slope; fall shift downward; fall
Answer:
1. have the same intercept with a steeper slope;
2. fall
Explanation:
If all investors become more risk-averse, the SML will "have the same intercept with a steeper slope," and stock prices will "Fall."
The above statement is TRUE, and it is based on the theory that the slope of the Security Market Line reflects the level at which investors are unwilling to take the risk. Whereby the average investor prefers higher returns but is reluctant to take the risk.
WILL GIVE BRAINLIEST PLS ANSWER
Kato is getting ready to sign a complicated contract at work. What is the BEST advice for him?
A.
Obtain an exact copy of the contract at the time it is signed.
B.
Don’t waste everyone’s time by reading every single word.
C.
Lawyers are not helpful when dealing with contracts.
D.
Leave blank spaces empty, as they will be filled in after you sign the contract.
The best advice for Kato while signing the contract at work is to obtain an exact copy of the contract at the time it is signed. Thus the correct answer is A.
What is the contract?A contract refers to an agreement chosen by giving an offer and acceptance by both the parties involved with the enforceability of law.
When Kato is getting ready to sign a challenging contract at work, he should make sure to get an exact copy of the document. This helps him to keep evidence so that he can utilize it in future references.
The exact copy of the contract helps him to remember things clearly by revising at home.
Therefore, option A is appropriate.
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Sonia creates tests for judging product safety and advises companies about how to reduce harm from use or misuse of the product. What is her career?
a) Environmental Restoration Planner
b) Non-Deductive Testing Specialist
c) Materials Engineer
d) Product Safety Engineer
Answer:
D) Product safety Engineer
Explanation:
Amber McClain. Amber McClain, the currency speculator we met in the chapter, sells eight June futures contracts for 500,000 pesos at the closing price quoted in Exhibit 7.1. a. What is the value of her position at maturity if the ending spot rate is $0.12000/Ps? b. What is the value of her position at maturity if the ending spot rate is $0.09800/Ps? c. What is the value of her position at maturity if the ending spot rate is $0.11000/Ps?
Question Completion:
Note that the June Settlement Futures rate = $0.10773/Ps from the Exhibit 7.1 (not provided here).
Answer:
Amber McClain
a) If spot rate = $0.12000/Ps:
The value of her position at maturity = -$49,000
b) If spot rate = $0.09800/Ps:
The value of her position at maturity = -$88,000
c) If spot rate = $0.11000/Ps:
The value of her position at maturity = -$40,000
Explanation:
a) Data and Calculations:
Notional selling price of June futures = 500,000 pesos
Number of contracts = 8
June Settlement Futures rate = $0.10773/Ps
a) If spot rate = $0.12000/Ps:
The value of her position at maturity = -Notional selling price * (Spot rate - Futures rate) * 8
= -500,000 * ($0.12000/Ps - $0.10773/Ps) * 8
= -500,000 * 0.01227 * 8
= -$49,000
b) If spot rate = $0.09800/Ps:
The value of her position at maturity = -Notional selling price * (Spot rate - Futures rate) * 8
= -500,000 * ($0.12000/Ps - $0.09800/Ps) * 8
= -500,000 * 0.022 * 8
= -$88,000
c) If spot rate = $0.11000/Ps:
The value of her position at maturity = -Notional selling price * (Spot rate - Futures rate) * 8
= -500,000 * ($0.12000/Ps - $0.11000/Ps) * 8
= -500,000 * 0.01 * 8
= -$40,000