Answer thats dificult
Explanation: thats dificult
Suppose Blue Hamster Manufacturing Inc, is evaluation a proposed capital budgeting project (project alpha) that will require an initial investment of $500,000. The project is expected to generate the following net cash flows:
Year Cash Flow
Year 1 $325,000
Year 2 $425,000
Year 3 $450,000
Year 4 $400,000
Blue Hamster Manufacturing Inc’s weighted average cost of the capital is 10%, and project alpha has the same risk as the firm’s average project. Based on the cash flows, what is project Alpha’s net present value (NPV)?
a. $871,690
b. $1,157,991
c. $1,182,991
d. $757,991
Answer:
d. $757,991.26
Explanation:
Present value of inflows=cash inflow*Present value of discounting factor(rate%,time period)
= (325,000/1.10) + (425,000/1.10^2) + (450,000/1.10^3) + (400,000/1.10^4)
= $1,257,991.25743
NPV = Present value of inflows - Present value of outflows
NPV = $1,257,991.25743 - $500,000
NPV = 757991.25743
NPV = $757,991.26
Trizcinky invested a bond with no interest and with a principal of $10,000 at maturity, 9 years from now. According to the risk of the bond it shoudl yeild 11 percent, coumpounded annually. What should be th current makret price of this bond?
Answer:
$3,909.30
Explanation:
Current Price = Principal Amount/{(1+r)^{n}}
Current Price = $10,000 / (1+11%)^9
Current Price = $10,000 / 2.5580
Current Price = $3909.304144
Current Price = $3,909.30
So, the current market price of this bond is $3,909.30.
Business Solutions's second-quarter 2018 fixed budget performance report for its computer furniture operations follows. The $159,800 budgeted expenses include $104,720 in variable expenses for desks and $22,080 in variable expenses for chairs, as well as $33,000 fixed expenses. The actual expenses include $34,100 fixed expenses. List fixed and variable expenses separately.
Fixed Budget Actual Results Variances
Desk sales (in units) 136 142
Chair sales (in units) 69 77
Desk sales $179,520 $186,020 $6,500 F
Chair sales 37,260 42,735 5,475 F
Total expenses 159,800 168,480 8,680 U
Income from operations $56,980 $ 60,275 $3,295 F
Prepare a flexible budget performance report that shows any variances between budgeted results and actual results.
Answer: Check attachment
Explanation:
Some of the information provided in the attachment are explained below:
Total unit budgeted = 136
Budgeted selling price = 1320
Total budgeted desk sales = 136 × 1320 = $179520
Flexible budget units = 142
Budgeted selling price = 1320
Flexible budget sales = $187440
Total unit budgeted = 69
Budgeted selling price = $540
Total budgeted chair sales = $37260
Flexible budget units = 77
Budgeted selling price = 540
Flexible budget sales = $41580
Total units budgeted = 136
Budgeted Variable expenses per desk = 770
Total budgeted Variable cost for desk = 136 × 770 = 104720
Flexible budget units = 142
Budgeted Variable expenses per desk = 770
Flexible budget variable expense for desks = 142 × 770 = 109340
Total units budgeted = 69
Budgeted Variable expenses per chair = 320
Total budgeted Variable cost for chair = 69 × 320 = 22080
Flexible budget units = 77
Budgeted Variable expenses per chair = 320
Flexible budget variable expense for chair =77 × 320 = 24640
Martin Clothing Company is a retail company that sells hiking and other outdoor gear specially made for the desert heat. It sells to individuals as well as local companies that coordinate adventure getaways in the desert for tourists. The following information is available for several months of the current year:
Month Sales Purchases Cash Expenses Paid
May $96,000 $70,000 $19,000
June 121,000 87,000 24,000
July 133,000 117,000 33,500
August 127,000 72,000 33,600
The majority of Martin's sales (65 percent) are cash, but a few of the excursion companies purchase on credit. Of the credit sales, 40 percent are collected in the month of sale and 60 percent are collected in the following month. All of Martin's purchases are on account with 55 percent paid in the month of purchase and 45 percent paid the following month.
Required:
1. Determine budgeted cash collections for July and August.
2. Determine budgeted cash payments for July and August.
Answer:
Martin Clothing company
July August
1. Budgeted cash collections $130,480 $128,260
2. Budgeted cash payments $137,000 $125,850
Explanation:
a) Data and Calculations:
Month Sales Purchases Cash Expenses Paid
May $96,000 $70,000 $19,000
June 121,000 87,000 24,000
July 133,000 117,000 33,500
August 127,000 72,000 33,600
May June July August
Sales $96,000 $121,000 $133,000 $127,000
Purchases 70,000 87,000 117,000 72,000
Expense 19,000 24,000 33,500 33,600
Cash Collections:
May June July August
Sales $96,000 $121,000 $133,000 $127,000
Collections:
65% cash $62,400 $78,650 $86,450 $82,550
14% month 13,440 16,940 18,620 17,780
21% following 20,160 25,410 27,930
Total collections for July and August $130,480 $128,260
Cash payments:
May June July August
Purchases 70,000 87,000 117,000 72,000
55% $38,500 $47,850 $64,350 $39,600
45% 31,500 39,150 52,650
Expense 19,000 24,000 33,500 33,600
Payments for July and August $137,000 $125,850
Bargain Purchase: Sontag Corporation's net assets have fair values as described below.
Current assets $250,000
Land 600,000
Building 1,000,000
Loans payable 300,000
The Pratt Company pays $3,000,000 for Sontag Corporation, and records the acquisition as a merger. Pratt Company determines that identifiable intangibles valued at $1, 500,000, not previously reported on Sontag's books, also are recognized as acquired assets.
Required:
1. Prepare a schedule to calculate the gain on acquisition.
2. Prepare Pratt's journal entry to record the merger.
3. Now assume Pratt determines that Sontag Corporation has unreported contingent liabilities, reportable at the date of acquisition following GAAP, with a fair value of $75,000. Recalculate the gain on acquisition.
Answer:
The Pratt Company
1. Schedule of Gain on Acquisition:
Current assets $250,000
Land 600,000
Building 1,000,000
Loans payable (300,000)
Intangible assets 1,500,000
Total fair value $3,050,000
Investment cost (3,000,000)
Gain on acquisition $50,000
2. Pratt's Journal Entry to record the merger:
Debit Assets:
Current assets $250,000
Land 600,000
Building 1,000,000
Intangible assets 1,500,000
Credit Loans payable $300,000
Credit Cash $3,000,000
CreditGain on acquisition $50,000
To record the merger of Pratt Company and Sontag Corporation.
3. The gain on acquisition now changes to a loss of $25,000, which is treated as acquired Goodwill.
Explanation:
a) Data and Calculations:
Fair values of Sontag Corporation's Net Assets:
Current assets $250,000
Land 600,000
Building 1,000,000
Intangible assets 1,500,000
Loans payable (300,000)
Total fair value $3,050,000
Investment cost (3,000,000)
Gain on acquisition $50,000
Fair values of Sontag Corporation's Net Assets:
Current assets $250,000
Land 600,000
Building 1,000,000
Intangible assets 1,500,000
Loans payable (300,000)
Contingent liabilities (75,000)
Total fair value $2,975,000
Investment cost (3,000,000)
Loss on acquisition $25,000
= Goodwill on acquisition
what is the importance of linear model communication
Answer:
The linear communication model explains the process of one-way communication, whereby a sender transmits a message and a receiver absorbs it. It's a straightforward communication model that's used across businesses to assist with customer communication-driven activities such as marketing, sales and PR.
Explanation:
Conversion cost per equivalent unit is the combined costs of direct materials and factory overhead.
A. True
B. False
Answer:
False
Explanation:
Cost
This is simply defined as a payment of cash or the commitment to pay cash in the future for revenues purpose. E.g. The cash used to purchase a tractor, is the cost of the tractor.
Conversion costs
This is simply regarded as direct materials, direct labor, and factory overhead costs that can be selected together or grouped together for analysis and reporting. It consist of direct labor in factory overhead costs.
The Equation for Conversion cost is simply = Direct Labor Cost + Manufacturing Overhead Cost.
While the Equivalent Units of Production = Number of Units Transferred to the next department + Equivalent Units in Ending Works in Process Inventory.
The equation for Equivalent units of production for conversion cost is given below: Units completed and transferred out + Equivalent units in ending work in process for conversion cost.
The equation for Cost per equivalent unit for conversion cost is simply =
(conversion cost of beginning work in process + conversion cost added during the period)/ Equivalent units of production for conversion cost.
The current price of a non-dividend-paying stock is $80. Over the next six months it is expected to rise to $90 or fall to $74. An investor buys six month maturity put options with a strike price of $80. What is necessary to hedge the position?
Answer:
Buy 0.8 shares for each option purchased
Explanation:
Calculation to determine What is necessary to hedge the position
Using this formula
N=Vu-Vd/U-D
U = stock price in case of an up move = $36
D = stock price in case of an down move = $26
VU = put option value if stock goes up = $0
VU = put option value if stock goes down = $32 - $26 = $6
Using this formula
N=
−
V
U
−
V
D
U
−
D
N
=
−
0
−
6
36
−
26
N
Now let calculate What is necessary to hedge the position
Value =74 x + 6
Hence,
90x=74x + 6,
x=6/(90-74)
x=6/16
x=.375
Karl purchased his residence on January 2, 2019, for $260,000, after having lived in it during 2018 as a tenant under a lease with an option to buy clause. On August 1, 2020, Karl sells the residence for $315,000. On June 13, 2020, Karl purchases a new residence for $367,000.
a. What is Karl's recognized gain? His basis for the new residence? Karl's recognized gain is $ and his basis for the new residence is $
b. Assume that Karl purchased his original residence on January 2, 2018 (rather than January 2, 2019). What is Karl's recognized gain? His basis for the new residence? Karl's recognized gain is $_________ and his basis for the new residence is $_________.
Answer:
Karl
a. Karl's recognized gain is $55,000
Karl's basis for the new residence is $367,000
b. Karl's recognized gain is $55,000
Karl's basis for the new residence is $367,000
Explanation:
a) Data and Calculations:
Initial cost of residence = $260,000
Selling price of the residence = $315,000
Cost of new residence = $367,000
Date of lease = January 2, 2019
Date of sale = August 1, 2020
Date of purchasing a new residence = June 13, 2020
a. Karl's recognized gain is $55,000 ($315,000 - $260,000)
Karl's basis for the new residence is $367,000
b. Karl's recognized gain is $55,000 ($315,000 - $260,000)
Karl's basis for the new residence is $367,000
The trial balance afyer one month of operation for Mason;s delivery Service as of September 30 ,20 is shown below. Data to complete the adjustments are as fellows:
(a) supplies inventory as of September 30, $90
(b) Insurance expired (used) $650
(c) Depreciation on delivery equipment $600
(d) Wages earned by employees but not paid as of September 30 $350
1. Enter the adjustments in the adjustments columds of hte work sheet and comeple the work sheet
Mason's Delivery Service
Work Sheet
For Month Ended September 30, 20--
Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet
Account Title Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit
Cash 1,600
Accounts Receivable 940
Supplies 635
Prepaid Insurance 1,200
Delivery Equipment 6,400
Accum. Depr. - Delivery Equip.
Accounts Payable 1,220
Wages Payable
Jill Mason, Capital 8,000
Jill Mason, Drawing 1,400
Delivery Fees 6,200
Wages Expense 1,500
Advertising Expense 460
Rent Expense 800
Supplies Expense
Telephone Expense 165
Insurance Expense
Repair Expense 230
Oil and Gas Expense 90
Depr. Exp. - Delivery Equip.
15,420 15,420
Answer:
Mason's Delivery Service
Mason's Delivery Service
Worksheet
For Month Ended September 30, 20--
Trial Balance Adjustments Adjusted Income Balance
Trial Balance Statement Sheet
Account Title Debit Credit Debit Credit Debit Credit Debit Credit Dr. Cr.
Cash 1,600 1,600 1,600
Accounts
Receivable 940 940 940
Supplies 635 545 90 90
Prepaid
Insurance 1,200 650 550 550
Delivery
Equipment 6,400 6,400 6,400
Accum. Depr. - Delivery Equip. 600 600 600
Accounts Payable 1,220 1,220 1,220
Wages Payable 350 350 350
Jill Mason, Capital 8,000 8,000 8,000
Jill Mason,
Drawing 1,400 1,400 1,400
Delivery Fees 6,200 6,200 6,200
Wages
Expense 1,500 350 1,850 1,850
Advertising
Expense 460 460 460
Rent Exp. 800 800 800
Supplies Expense 545 545 545
Telephone
Expense 165 165 165
Insurance
Expense 650 650 650
Repair Exp 230 230 230
Oil and Gas
Expense 90 90 90
Depr. Exp. - Delivery Equip. 600 600 600
Total 15,420 15,420 2,145 2,145 16,370 16,370 5,390 6,200 = 810
10,980 10,989
Explanation:
a) Data and Calculations:
Adjustments:
a) Supplies expense $545 Supplies $545
(b) Insurance expense $650 Prepaid Insurance $650
(c) Depr. - Delivery Equip. $600 Accum. Depr. Delivery Equip. $600
(d) Wages expense $350 Wages Payable $350
The IT department at Clearwater Electronics hired several new employees in new positions in the past four months. The IT department has asked HR to help craft a performance appraisal that the IT managers can use to demonstrate that the selection tools used for hiring predict performance success. Which statement gives the best reason for why it is important that criteria on a performance appraisal be related to the job?
a. Using job-related criteria on the performance appraisal demonstrates that the company is concerned about the trajectory of its employees’ career paths.
b. Using job-related criteria on the performance appraisal allows the company to settle on the best compensation package for employees.
c. Using job-related criteria on the performance appraisal allows the company to give recognition to employees for the good work they are doing.
d. Using job-related criteria on the performance appraisal gives the company data that demonstrates the right people were placed in the right job.
Answer: C. Using job-related criteria on the performance appraisal allows the company to give recognition to employees for the good work they are doing.
Explanation:
A performance appraisal refers to the review of the job performance of an employee and the overall contribution of the worker to the company.
It is important that criteria on a performance appraisal be related to the job because using job-related criteria on the performance appraisal allows the company to give recognition to employees for the good work they are doing.
Therefore, the correct option is C.
Use the following information to answer this question.
Windswept, Inc.
2017 Income Statement
($ in millions)
Net sales $9,500
Cost of goods sold 7,540
Depreciation 320
Earnings before interest and taxes $1,640
Interest paid 93
Taxable income $1,547
Taxes 464
Net income $1,083
Windswept, Inc.
2016 and 2017 Balance Sheets
($ in millions)
2016 2017 2016 2017
Cash $270 $285 Accounts payable $1,470 $1,625
Accounts rec. 1,080 980 Long-term debt 1,160 1,430
Inventory 1,680 1,670 Common stock 3,340 3,040
Total $3,030 $2,935 Retained earnings 490 740
Net fixed assets 3,430 3,900
Total assets $6,460 $6,835 Total liab.& equity $6,920 $7,350
What is the cash coverage ratio for 2017?
a. 4.43 times.
b. 3.11 times.
c. 16.75 times.
d. 667 times.
Answer:
21.08 times
Explanation:
Calculation to determine the cash coverage ratio for 2017
Using this formula
Cash coverage ratio=(Earnings before interest and taxes+Depreciation)/Interest paid
Let plug in the formula
Cash coverage ratio= ($1,640+$320)/$93
Cash coverage ratio=$1,960/$93
Cash coverage ratio = 21.08 times
Therefore the cash coverage ratio for 2017 is 21.08 times
Roy is looking to buy a new HDTV set. He knows from friends that LCD set screens reflect less light than plasma set screens, but that LCD sets are also more subject to blurring than plasma sets. This is an example of the ________ component of his attitude toward HDTVs.
A) conative.
B) objective.
C) cognitive.
D) affective.
E) situational.
Answer:
A) conative.
Explanation:
Conative behavior is a component of the attitude that we pertain or we behave at some point. The conative component or the behavior component is the way the attitude that we influence on how we behave or act. It involves the person's knowledge or belief about the attitude object.
In the context, Roy wishes to buy a HDTV set even though he knows that the screen of the LCD reflects less amount of light and it is also subjected to more of blurring the picture when compared to the plasma TVs.
Thus it show the conative component of the attitude of Roy towards HDTVs.
Butler Corporation is considering the purchase of new equipment costing $30,000. The projected annual after-tax net income from the equipment is $1,200, after deducting $10,000 for depreciation. The revenue is to be received at the end of each year. The machine has a useful life of 3 years and no salvage value. Butler requires a 12% return on its investments. The present value of an annuity of $1 for different periods follows:
Periods 10 Percent
1 0.9091
2 1.7355
3 2.4869
4 3.1699
Required:
What is the net present value of the machine?
Answer:
($3,100)
Explanation:
Net cash flows each year = Projected annual after-tax net income + Depreciation
Net cash flows each year = $1,200 + $10,000
Net cash flows each year = $11,200 each year
Total value of inflows in 3 years = Net cash flows each year * Annuity factor of (10%,3 years)
Total value of inflows in 3 years = $11,200 * 2.4018
Total value of inflows in 3 years = $26,900
Net Present value = Present value of inflows - Cash outflow
Net Present value = $26,900 - $30,000
Net Present value = ($3,100)
So, tnet present value of the machine is ($3,100).
A difference between periodic review and continuous review inventory systems is:________
a. Periodic review is more expensive than continuous review
b. Continuous review usually required more safety stock than periodic review
c. In one system, time triggers orders, in the other, quantity triggers orders
d. Periodic review requires real-time monitoring systems
Answer:
The correct answer is the option C: In one system, time triggers orders, in the other, quantity triggers orders.
Explanation:
On the one hand, the term known as "Periodic review inventory system" refers to a type of inventory system that mainly is focus on the time that the order takes, therefore that it is said that the system is triggered by time because the orders are taken at the same time every period.
On the other hand, the "Continuous review inventory system" actually is triggered by the quantity of orders that take place every period. Therefore that this system keeps track of the exact amount every period and when that number goes down the system automatically order more of the same amount.
One of the biggest environmental factors affecting organizational structure is whether the
A) competitor's structure matches industry needs.
B) external culture clashes with intrinsic values.
C) suppliers' cultures match the company's.
D) outside environment is stable or dynamic.
E) internal environment is stable or dynamic.
Answer:
c
Explanation:
y2wywhwe guy wyehegege
Which of the following is not true of a mass customization process strategy?
Answer:
phone
Explanation:
Collusion occurs when:________
A) firms refuse to follow their price leaders.
B) a firm chooses a level of output to maximize its own profit.
C) there is an agreement among firms to charge the same price or otherwise not to compete.
D) two firmsʹ price and output decisions come into conflict.
Answer:
The correct answer is the option C: There is an agreement among firms to charge the same price or otherwise not to compete.
Explanation:
To begin with, the term known as "Collusion", in the field of microeconomics and business, refers to the situation where two o more firms decide to actually "work" together by keeping the same amount of quantity and the same price in the market as the most common way to do a collusion. Moreover, the major purpose of this is to increase the amount of benefits among those companies that work in the same industry and that is why they actually decide to colaborate with each other or not compete at all.
There are different ways firms maximize profits. Collusion occurs when firms get together to maximize joint profits.
Collusion is simply known as the mixing up of conspiracies or agreements among sellers so as to raise or fix prices and to lower output so as to increase profits.
It also takes place when rival firms agree to work together. Example is placing higher prices in order to get greater profits. By coming together to make profit, firms often has collision.
Learn more about Collusion from
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pormula sa pagsukat ng
“Pamamaraan batay sa gastos”
“Pamamaraan batay sa kita”
Pamamaraan batay sa pinagmulang industriya”
Tatlong Pamamaraan ng Pagsukat ng Pambansang Kita o Gross National Income
Pamamaraan Batay sa Gastos (Expenditure Approach)
Pamamaraan Batay sa Gastos (Expenditure Approach) Ang ekonomiya ng bansa ay may apat na sektor ito ay ang sambahayan, pamahalaan, bahay-kalakal, at panlabas na sektor. Ang bawat sektor na ito ay may pinagkakagastusan at ito ay ang Gastusing personal (C), Gastusin ng mga namumuhunan (I), Gastusin ng pamahalaan (G), Gastusin ng panlabas na sektor (X – M), Statistical discrepancy (SD, at Net Factor Income from Abroad (NFIFA). Ginagamit ang : GNI = C + I + G + (X – M) + SD + NFIFA bilang pormula sa pagkuwenta ng Gross National Income.
Pamamaraan Batay sa Kita (Income Approach)Ito ay mula sa mga sahod ng mga manggagawa, buwis, kita ng mga korporasyon, at iba pa.
Masusukat ang Gross Domestic Product sa pagsasamasama ng kabuuang halaga ng produksiyon; ang sektor ng industriya, agrikultura, at serbisyo ang pangunahin sa bahaging ito.
Nancy and Joan bought a small farm for $300,000 under an installment land contract with a $50,000 down payment. They will pay interest only at 6% for five years when the remaining principal balance becomes due. How much interest will they pay over the life of the contract?
Answer:
75,000
Explanation:
300,000-50,000 = 250000*6%*5
In sampling for attributes (i.e. test of controls) the determination of sample size is a function of:___________
a. risk of assessing control risk too low
b. tolerable rate
c. estimated population deviation rate.
Answer:
b. tolerable rate
Explanation:
A sample is defined as a representative part of a population that is used in a study to replicate the characteristics of the population.
For a sample to be any good it must effectively reflect the characteristics of the population.
When sampling for attributes there are three determinants of sample size that is put into consideration:
- risk of incorrect acceptance
- tolerable rate or error
- expected error
Tolerable rate is the largest deviation or variance that can be acceptable in a sample and this reflects on reliability of specific controls.
It is the allowable deviation in population that still allows original plan to be executed
Beginning inventory, purchases, and sales for WCS12 are as follows:
Oct. 1 Inventory 300 units at $9
13 Sale 180 units
22 Purchase 380 units at $11
29 Sale 400 units
a. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase. Round your answer to two decimal places.
$ per unit
b. Assuming a perpetual inventory system and using the weighted average method, determine the cost of goods sold on October 29. Round your "average unit cost" to two decimal places.
$
c. Assuming a perpetual inventory system and using the weighted average method, determine the inventory on October 31. Round your "average unit cost" to two decimal places.
$
Answer:
WCS12
a. Assuming a perpetual inventory system and using the weighted average method, the weighted-average unit cost after the October 22 Purchase is:
= $10.52.
b. Assuming a perpetual inventory system and using the weighted average method, the cost of goods sold on October 29 is:
= $4,208.
c. Assuming a perpetual inventory system and using the weighted average method, the inventory on October 31 is:
= $1,052.
Explanation:
a) Data and Calculations:
Date Description Units Unit Cost Total Cost
Oct. 1 Inventory 300 $9 $2,700
Oct. 13 Sale (180)
Oct. 22 Purchase 380 $11 4,180
Oct. 29 Sale (400)
Weighted-average unit cost after the October 22 Purchase:
Date Description Units Unit Cost Total Cost
Oct. 1 Inventory 120 $9 $1,080
Oct. 22 Purchase 380 $11 4,180
Total inventory and cost 500 $5,260
Unit cost = $10.52 ($5,260/500)
Cost of goods sold on October 29 = $4,208 (400 * $10.52)
Ending inventory = $1,052 (100 * $10.52)
In current business publications, find examples of firms whose strategies to increase profits focus primarily on generating more revenue. Compare these cases with firms that are trying to cut costs to increase profits. In your initial post, include a summary of these firms and how the different strategies have been successful or unsuccessful.
Having a nice size profit margin is the goal for most companies. In order to make this happen there has to be a plan/strategy that is carefully thought out and implemented. You want to take your time and make sure things are done correctly and in a way that it is profitable and not detrimental to your company at the same time. One good example of this act comes from McDonalds. One McDonalds franchise in New York increased the price of their Big Mac from $5.98 to $6.28 currently to increase revenue. Prior to this there was an anual increase that took place. "The Golden Arches' pricing in the U.S. Rose 2% year over year in the first quarter, which was still less than the consumer Price Index's overall".
On the other end of the spectrum we have companies like Apple. Apple fired 1,600 full time employees from retail stores to increase their profit margin. "The retail segment reported operating income of $308 million during the second quarter of 2009 down from #334 million....". In cutting down on those full time positions they were able to increase their profits by paying less full time salaries to employees. "Revenue increase 8.7% to 8.16 Billion, which is more than 7.96 billion expected...". I do not feel that this is the best way to go about getting results. A merger of the two would be effective. Gradually increasing sales prices and not eliminating so many positions at once or merging positions even would be effective. You have to take into account that less employees mean more work for the workers that are left, which could leave them in a stressful work environment. In turn could mean customer service quality decreases drastically. Things have to be looked at on both sides of the spectrum.
Answer:
Following are the responses to these question.
Explanation:
The goal of most businesses is to achieve the optimum gross profit. Moreover, to achieve this, a well-designed plan or plan deserves to be placed in place. The management needs to ensure that things are done properly and so that they are successful at the same period and therefore do not harm the business. That fast-food giant Mcdonald's is a good example of this. One of McDonald's' franchises in York City recently increased its Big Mac sales from $5,98 to $6,28. Before all this, Macdonalds would have an annual boost.
"During first 4th quarter, the price of Eiffel Tower in the U.s. Increased two percent year on year was still less than price index"
They need businesses like Apple at another end of the continuum. Apple also fired 1,600 filled retail employees to increase its gross profit. "Operating revenue inside the second quarter of 2009 were down $308 million to $334 million...." We were able to boost their earnings by cutting such full-time jobs. "To 8.16 billion u.s. dollars, which is over 7.96 percent estimated, the economy increased by 8.7%.
It doesn't seem to be the right way of achieving performance. It'd be effective to mix the two. Gradual sale rates are an optimal option, not cutting too many roles at once or combination. It is borne in mind that a decrease in the number of jobs is much more work to left workers who can keep them in a demanding working environment. This could mean a dramatic decline in customer support efficiency. Stuff on all sides of the spectrum must be looked at.
Over a four-year period, LaKeisha Thompson purchased shares in the Oakmark I Fund. Using the following information, answer the questions that follow.
Year Investment Amount Price per share Number of share
Feb 2008 $1500 $40 37.50
Feb 2009 1500 30 50
Feb 2010 1500 34 43.60
Feb 2011 1500 42 35.71
a. At the end of four years, what is the total amount invested?
b. At the end of four years, what is the total number of shares purchased?
c. At the end of four years, what is the average cost for each share?
Answer:
LaKeisha Thompson
a. At the end of four years, the total amount invested is:
= $6,000
b. At the end of four years, the total number of shares purchased is:
= 166.81
c. At the end of four years, the average cost for each share is:
= $35.97.
Explanation:
a) Data and Calculations:
Investments in Oakmark I Fund:
Year Investment Price Number
Amount per share of share
Feb 2008 $1,500 $40 37.50
Feb 2009 1,500 30 50
Feb 2010 1,500 34 43.60
Feb 2011 1,500 42 35.71
Total $6,000 166.81
Average cost per share = $35.97 ($6,000/166.81)
Alex and Selena are 25 and love to dream about what they will do when they are retired. They want to own a summer home in Florida, travel to Europe, and spend time visiting family around the U.S. To support this dream, they need a retirement income of $100,000 per year throughout their retirement. At their current retirement contribution level, they will have $2 million saved by age 65.
In regression analysis, the coefficient of determination:
a. Becomes smaller as the fit of the regression line improves.
b. Is used to determine the expected value of the net income based on the regression line.
c. Ranges between negative one and positive one.
d. Is used to determine the proportion of the total variation in the dependent variable (y)
Answer:
The correct answer is the option D and it is incomplete. The correct full option will be: Is used to determine the proportion of the total variation in the dependet variable (y) explained by the independent variable (x).
Explanation:
To begin with, in the statistics field the term of "regression analysis" refers to the type of method used in order to establish the existing relationship between the variables in the chart. Moreover, the "coefficient of determination" consists of a statistic used whose main purpose focus on the prediction of possible future outcomes or either the testing of a hypothesis which the scientits are working on. That is why that this last tool uses the independent variable in order to explain the proportion of the total variation of the dependent variable.
On December 1, Spencer Department Store borrowed $19,250 from First Bank and Trust. Spencer signed a 90-day note with a face amount of $20,000. The interest rate stated on the face of the note is 15 percent per year.
Required:
a. Provide the journal entry recorded by Spencer on December 1.
b. Provide the adjusting entry recorded by Spencer on December 31 before financial statements are prepared.
Answer:
A. Dr Cash $19,250
Dr Discount on notes payable $750
Cr Notes Payable $20,000
B. Dr Adjusting entries:Interest expense $250
Cr Discount on notes payable $250
Explanation:
A.Preparation of the journal entry recorded by Spencer on December 1.
Dr Cash $19,250
Dr Discount on notes payable $750
($20,000-$19,250)
Cr Notes Payable $20,000
(Being a journal entry to recognize short-term note payable issued)
b. Preparation of the adjusting entry recorded by Spencer on December 31 before financial statements are prepared. Show
Since the nterest for three months is the amount of $750 which means that the Per month interest amount will be calculated as : $750/3 = $250
Dr Adjusting entries:Interest expense $250
Cr Discount on notes payable $250
The following are hibiscus company cost of making and selling an item:
Description Amount per unit
Direct materials $9
Direct labor $4
Variable manufacturing overhead $2
Fixed manufacturing overhead $5
Variable selling and administrative $2
Fixed selling and administrative $8
A one-time only special order has been received for 600 units. The company has capacity to accept the oder and it would not affect regular sales. The sales price for the special order is $26 per unit. Total fixed costs would not be affected by this order. The variable selling and administrative costs would have to be incurred for this special order. The order would require an additional $3 per unit for specialized materials and a new machine that costs $2,000. What is the financial advantage or disadvantage of accepting the special order?
A. $3,600 advantage.
B $1,600 advantage.
C. $2,400 disadvantage.
D. $2,800 advantage.
Answer:
A. $3,600 advantage.
Explanation:
Calculating the financial advantage of disadvantage of special order
Increase in revenue (600*$26) $15,600
Less: Increase in direct materials (600*$9) $5,400
Less: Increase in direct labor (600*$4) $2,400
Less: Increase in variable manufacturing $1,200
overhead (600*$2)
Less: Increase in variable selling and $1,200
administrative (600*$2)
Less: Increase in cost for specialized $1,800
material (600*$3)
Financial advantage from special order $3,600
Consumers know that some fraction of all new cars produced and sold in the market are defective. The defective ones cannot be identified except by those who own them. Assume that cars do not depreciate in value with use. Suppose consumers are risk-neutral and value non-defective cars at $10,000 each and defective cars at $6,000 each. New cars sell for $8,000 and used ones for $2,000. (Note that since buyers are risk-neutral, the price of a new car reflects the expected value of purchasing a car that may or may not be defective.)
Required:
What is the fraction x?
Answer:
The answer is "0.25".
Explanation:
As buyers rate non-default cars at $10,000, we assume that almost all faulty cars are used. The reason would be that the automobiles have been priced at 2000$, which is well below a good 10000 dealer invoice, implying that only faulty products are available as old cars.
Some used cars sell at $2000, however, in the eyes of a buyer means a faulty vehicle.
Its price that even a threat customer is ready to pay was its price of a non-default product for a new car. It implies $8000 for a good car* chances that even a bad car will get a good car*chance*chances that even a bad car will get a bad one. Because people are aware which x part of all market vehicles is faulty, which means the fraction of good cars is 1-x. Enter beliefs, we get.
[tex]\to x\times 2000+(1-x)\times10000=8000\\\\ \to10000-8000x=80000\\\\\to 8000x=2000\\\\\to x=\frac{2}{8}\\\\ \to x=.25[/tex]
Select the correct answer.
Which sentence is likely to be the opening of a goodwill message?
Answer:
B. My sincere congratulations on your promotion.
Explanation:
Goodwill is generally done at the beginning of the introduction or providing some value and hopeful information and can include a warm courteous massage of thanks hat is appropriate such as regards. For the new product, service, or any opportunity.