Adirondack Savings Bank (ASB) has $1 million in new funds that must be allocated to home loans, personal loans, and automobile loans. The annual rates of return for the three types of loans are 7 percent for home loans, 12 percent for personal loans, and 9 percent for automobile loans. The bank’s planning committee has decided that at least 40 percent of the new funds must be allocated to home loans. In addition, the planning committee has specified that the amount allocated to personal loans cannot exceed 60 percent of the amount allocated to automobile loans.
a. Formulate a linear programming model that can be used to determine the amount of funds ASB should allocate to each type of loan to maximize the total annual return for the new funds.
b. How much should be allocated to each type of loan? What is the total annual return? What is the annual percentage return?
c. If the interest rate on home loans increases to 9 percent, would the amount allocated to each type of loan change? Explain.
d. Suppose the total amount of new funds available is increased by $10,000. What effect would this have on the total annual return? Explain.
e. Assume that ASB has the original $1 million in new funds available and that the planning committee has agreed to relax the requirement that at least 40 percent of the
new funds must be allocated to home loans by 1 percent. How much would the annual return change? How much would the annual percentage return change?

Answers

Answer 1

The linear programming model determines optimal allocation of funds among home, personal, and automobile loans to maximize total annual return, subject to constraints.

a. To formulate a linear programming model for this scenario, let's define the decision variables:

Let x1 be the amount allocated to home loans (in dollars).Let x2 be the amount allocated to personal loans (in dollars).Let x3 be the amount allocated to automobile loans (in dollars).

We want to maximize the total annual return, so the objective function is:

Maximize Z = 0.07x1 + 0.12x2 + 0.09x3

Now, let's establish the constraints based on the given information:

At least 40% of the new funds must be allocated to home loans:

x1 >= 0.4(x1 + x2 + x3)

The amount allocated to personal loans cannot exceed 60% of the amount allocated to automobile loans:

x2 <= 0.6x3

Non-negativity constraint:

x1, x2, x3 >= 0

To find the optimal allocation and total annual return, this linear programming problem can be solved using appropriate software or methods.

If the interest rate on home loans increases to 9 percent, the linear programming model would need to be adjusted. The objective function would change to:

Maximize Z = 0.09x1 + 0.12x2 + 0.09x3

If the requirement to allocate at least 40 percent of the new funds to home loans is relaxed by 1 percent, the linear programming model would change as follows:

x1 >= 0.39(x1 + x2 + x3)

Learn more about linear programming: brainly.com/question/14309521

#SPJ11


Related Questions

This year, the nominal interest rate is 8.3 ​% in​ Upper Slobovia and 4.9 ​% in​ Lower Slobovia. The inflation​ rate is 10.6​% in​ Upper Slobovia and 3.3 ​% in​ Lower Slobovia.What is the real interest rate in Upper Slobovia?enter your response here ​%What is the real interest rate in Lower Slobovia?enter your response here ​%

Answers

The real interest rate in Upper Slobovia is approximately -2.08% and in Lower Slobovia is approximately 1.55%.

To find the real interest rate in both Upper and Lower Slobovia, we will use the Fisher equation:

Real Interest Rate = (1 + Nominal Interest Rate) / (1 + Inflation Rate) - 1

For Upper Slobovia:
Real Interest Rate = (1 + 0.083) / (1 + 0.106) - 1
Real Interest Rate = 1.083 / 1.106 - 1
Real Interest Rate ≈ -0.0208 or -2.08%

For Lower Slobovia:
Real Interest Rate = (1 + 0.049) / (1 + 0.033) - 1
Real Interest Rate = 1.049 / 1.033 - 1
Real Interest Rate ≈ 0.0155 or 1.55%

In conclusion, the real interest rate in Upper Slobovia is approximately -2.08% and in Lower Slobovia is approximately 1.55%. The negative real interest rate in Upper Slobovia indicates that the purchasing power of money invested there is decreasing due to high inflation, while in Lower Slobovia, the positive real interest rate means that the purchasing power of money invested there is increasing.

For more about real interest rate:

https://brainly.com/question/29481028

#SPJ11

in preparing their estimates of the stimulus package's effect on gdp, obama administration economists estimated a government purchases multiplier of 1.57. this indicates that a $1 billion increase in government purchases would increase equilibrium real gdp by___

Answers

According to the Obama administration economists, the government purchases multiplier is estimated to be 1.57. This means that for every $1 billion increase in government purchases, the equilibrium real GDP would increase by $1.57 billion.

This multiplier effect occurs because the increased government spending stimulates demand, which in turn leads to an increase in production and incomes. As businesses increase their output to meet the increased demand, they hire more workers and pay higher wages, which further boosts consumer spending and overall economic activity.

It is important to note that the government purchases multiplier is just one component of the overall fiscal multiplier. Other factors, such as changes in taxes, transfer payments, and interest rates, can also affect the overall impact of a stimulus package on the economy.

Additionally, the effectiveness of the government purchases multiplier may vary depending on the state of the economy and the specific details of the stimulus package. Nonetheless, understanding the government purchases multiplier can help policymakers make informed decisions about how to allocate resources in order to promote economic growth and stability.

To know more about Obama administration visit:

https://brainly.com/question/1366190

#SPJ11

Germany has a mixed economy. mixed economies mean that some aspects are run by the government while some are left to the market.
a. True
b. False

Answers

The statement is true, Germany having a mixed economy, where some aspects are run by the government and some are left to the market.

Market economy (a free-market system), socialism (government control over the means of production, including state ownership of all or almost all property), and a mixture of the two are all components of a mixed economy.

A mixed economy combines elements of both government intervention and market-based decisions. In Germany, the government regulates and participates in certain sectors, while other areas operate according to market principles.

To learn more about mixed economy: https://brainly.com/question/13467040

#SPJ11

a bank in bangladesh borrows $10 million u.s. dollars at a 2% interest rate from a united states bank. the bank converts the loan to bangladeshi taka at an exchange rate of 80 bangladeshi taka to each u.s. dollar, for a total of 800 million taka. the bank lends the money domestically at a 5% interest rate. after one year, the loan is repaid with interest domestically (in taka). however, the exchange rate is now 84 taka to each u.s. dollar. after converting all their taka back to usd, the bank repays their $10 million loan (with interest). what is the profit or loss to bangladeshi bank from this process?

Answers

The Bangladeshi bank incurred a loss of $480,000 USD due to changes in the exchange rate when repaying their loan with interest domestically. This serves as a reminder of the importance of managing currency exchange rate risks in international financial transactions.

The Bangladeshi bank borrowed $10 million USD at a 2% interest rate and converted it to 800 million Bangladeshi taka at an exchange rate of 80 taka per USD. They then lent the money domestically at a 5% interest rate and  after one year, the loan was repaid with interest domestically, but the exchange rate had changed to 84 taka per USD. When the Bangladeshi bank converted the taka back to USD, they received $9.52 million USD. This means that the bank incurred a loss of $480,000 USD (or 4.8% of the original loan amount).


The loss was incurred because the exchange rate had changed in favor of the USD, meaning that the Bangladeshi taka was worth less than it was when the bank borrowed the money. The bank had to convert more taka to USD to repay the loan than they had received when they borrowed it. This loss highlights the risks associated with currency exchange rates and the importance of managing these risks when borrowing or lending money across different currencies.

To know more about exchange rate  click here

brainly.com/question/14930716

#SPJ11

4) Discount stores that try to keep prices as low as possible are more likely to function using operations.A) limited serviceB) self-selectionC) full-serviceD) self-serviceE) limited-selection

Answers

Discount stores that try to keep prices as low as possible are more likely to function using self-service operations.

The correct option is D.

Self-service operations allow customers to independently locate, compare, and purchase products without the assistance of sales staff. This approach reduces labor costs for the store, which in turn enables the retailer to offer products at lower prices.

In a self-service environment, customers typically have access to clear pricing, product information, and easy-to-navigate store layouts. These factors make the shopping experience efficient and straightforward. Additionally, self-service stores often use technology, such as self-checkout machines, to further streamline the purchasing process and minimize staffing requirements.

In contrast, full-service and limited-service operations involve a higher level of interaction between customers and sales staff, resulting in higher labor costs that may be reflected in the pricing of products. Self-selection and limited-selection options refer more to the range of products available rather than the operational strategy of the store.

Overall, discount stores prioritize cost reduction to maintain competitive pricing, and self-service operations support this objective by minimizing labor expenses and streamlining the customer shopping experience.

To learn more about discount stores refer here:

https://brainly.com/question/30085565

#SPJ11

Assume that interest rates on 3-year Tesla AA and 3-year Tesla A corporate bonds are as follows:AA 4.72% Tesla A = 5.04%Tesla bond is traded on the exchange. The difference in these rates were probably caused primarily by:(1) Liquidity premium;(2) Default risk premium;(3) Maturity risk premium;(4) Inflation premiumO (1)O (2)O None of (1), (2), (3) or (4)O (3)O (4)

Answers

The difference in interest rates between the 3-year Tesla AA and 3-year Tesla A corporate bonds is most likely caused by the default risk premium. The default risk premium is the extra return that investors demand for taking on the risk that the issuer of the bond will default on the payment of interest and/or principal.

The higher the risk of default, the higher the default risk premium.In this case, the difference in interest rates between the Tesla AA and Tesla A bonds suggests that the market perceives the Tesla A bond as having a higher risk of default than the Tesla AA bond.

This could be due to factors such as the financial health of the company, the economic environment, or other market conditions.While other premiums such as liquidity, maturity, and inflation may also impact bond prices and interest rates, in this case, the difference in rates is most likely caused by the default risk premium.

 To know more about interest rate click here

brainly.com/question/30462006

#SPJ11

57Q. Any and all marketing must be pre-approved by your:

Answers

Regarding the statement "any and all marketing must be pre-approved by your," it usually means that the company or organization has strict guidelines and protocols in place when it comes to marketing their products or services. This could be to ensure consistency in messaging and branding, as well as to comply with legal requirements.

In such cases, any marketing materials, whether it be digital, print, or otherwise, must be submitted for review and approval by a designated person or team within the company. This process may involve a review of the content, design, and overall message of the marketing materials, to ensure that they are aligned with the company's values and goals.
Depending on the size and complexity of the organization, the pre-approval process may involve multiple levels of review and sign-off. This may include marketing managers, legal teams, and executives, among others. By requiring pre-approval, companies can ensure that their marketing efforts are effective, compliant, and aligned with their overall objectives.

For more such questions on marketing

https://brainly.com/question/25369230

#SPJ11

Note- The question seems to be incomplete, The complete question isn't available on the search engine.

The selling price per unit of A is $50 and B is $70, variable cost per unit of product A is $20 and product B is $30. Common fixed cost is $20,000. Determine the break even point if the sale mix is 50:50.
571 units
667 units
572 units
500 units

Answers

Since we cannot sell a fraction of a unit, the break-even point is 572 units. Therefore, the answer is: 572 units.  To calculate the break-even point with a 50:50 sales mix, we'll first find the weighted average contribution margin per unit.

1. Calculate the contribution margin per unit for both products:
Product A: $50 (price) - $20 (variable cost) = $30
Product B: $70 (price) - $30 (variable cost) = $40

2. Calculate the weighted average contribution margin per unit:
(0.5 * $30) + (0.5 * $40) = $15 + $20 = $35

3. Determine the break-even point using the formula:
Break-even point = Fixed Cost / Weighted Average Contribution Margin per Unit
Break-even point = $20,000 / $35 ≈ 571.43 units

Since you cannot sell a fraction of a unit, you would need to sell 572 units to cover the fixed costs. Therefore, the correct answer is:572 units

Learn more about break-even  here:

https://brainly.com/question/13770712

#SPJ11

suppose lizzie consumes soda and pizza. if the last bottle of soda she drinks provides 100 units of utility per dollar while the last slice of pizza she eats provides 300 units of utility per dollar:____.

Answers

Economics is the study of how individuals, businesses, and governments allocate resources to satisfy their unlimited wants and needs. Utility is a concept in economics that measures the satisfaction or happiness that individuals derive from consuming goods and services.

Suppose Lizzie consumes soda and pizza. If the last bottle of soda she drinks provides 100 units of utility per dollar, while the last slice of pizza she eats provides 300 units of utility per dollar, then Lizzie should consume more pizza and less soda. This is because pizza provides a higher level of utility per dollar spent than soda. In other words, Lizzie would be better off spending her money on pizza rather than soda, as she would derive a higher level of satisfaction from consuming pizza.

This concept of utility maximization is crucial in economics, as it helps individuals make informed decisions about how to allocate their resources. By choosing goods and services that provide the highest level of utility per dollar spent, individuals can increase their overall level of satisfaction and happiness. Therefore, it is important to consider the concept of utility when making consumption decisions, as it can help individuals make more efficient use of their resources.

To know more about economic, visit:

https://brainly.com/question/14787713

#SPJ11

A Chemicals Plant Produces Chemicals (C) As Well As Pollution (X) As A By-Product. A Nearby Wheat Farm Produces Wheat (W), But Is Impacted By The Chemical Plant's Emitted Pollution. Suppose That The Chemical Plant's Profits Are Given By Πc= 20c - (0.8c2 + 5.2x2 - Xc). 1. What Quantity Of Chemicals Will The Plant Optimally Choose To Produces? [Use Two DecimalA chemicals plant produces chemicals (c) as well as pollution (x) as a by-product. A nearby wheat farm produces wheat (w), but is impacted by the chemical plant's emitted pollution.Suppose that the chemical plant's profits are given by πc= 20c - (0.8c2 + 5.2x2 - xc).1. What quantity of chemicals will the plant optimally choose to produces? [Use two decimal points in all of your answers.]2. How much pollution (x) will the chemical plant generate?3. The wheat farm's profits are given by πw= 40w - (0.25w2 + xw - 2x).Remember that x is chosen by the chemical plant, and the wheat farm has no control over it. Find the wheat farm's optimal choice of w, given the chemical plant's choice of x.4. Suppose that the government introduces new environmental regulations that force the chemical plant to reduce its pollution to zero.What amount of chemicals c will the plant now choose to produce?5. How much wheat w will the wheat farm choose to produce, given the new regulation?6. Suppose that the chemical plant and the wheat farm merge. What amount of chemicals c will the merged firm choose to produce?7. How much wheat w will the merged firm produce?8. How much pollution x will the merged firm generate?9. Assume that pollution generates no further externalities beyond the one on the wheat farm. Is it socially optimal for the government to introduce legislation that reduces emissions to zero? Explain why or why not.10. If the wheat farm and the chemical plant continue to operate independently, what kind of mechanism could be used in order to achieve the socially optimal amount of pollution in this economy?

Answers

A Chemicals Plant Produces Chemicals As Well As invasive species Pollution (X) As A By-Product. A Nearby Wheat Farm Produces Wheat (W), But Is Impacted By the chemical plant's emitted pollution the socially optimal amount of pollution in this economy.

1.) The chemical-producing company decided to dump its waste into a stream rather than bury it, which resulted in a decrease in the variable costs of production and an increase in output volume (overproduction).

2) However, using the contaminated water caused the power plant to incur higher variable costs, which 3. The wheat farm's profits are given by πw= 40w - (0.25w2 + xw - 2x).

3.) Remember that x is chosen by the chemical plant, and the wheat farm has no control over it. resulted in underproduction because the money that would have otherwise gone towards increasing production

4.) Are Given By Πc= 20c - (0.8c2 + 5.2x2 - Xc).is Quantity Of Chemicals Will The Plant volume was instead used to clean the water source. From the perspective of society, the pollution caused by chemical producers results in

5) an overproduction of chemicals. This is because the costs associated with producing the chemicals were low, and the company chose to dispose of its chemical waste into a stream rather than using the correct and more expensive method of burying it.

6.) Due to a rise in variable costs brought on by the chemical factory's stream pollution, the electric power plant will produce less electricity as a result.

To know more about Invasive species visit:

https://brainly.com/question/29744929

#SPJ4

intranet stands for question 34 options: a net that includes all who are connected to it. an external net that can be used by all people. an internal net normally used within the boundaries of the company. a net shared by two or more companies. none of the above

Answers

Intranet stands for an internal net normally used within the boundaries of the company.

An intranet stands for an internal net normally used within the boundaries of the company. Therefore, the correct option is "c) an internal net normally used within the boundaries of the company." An intranet is a private computer network that is used to share information and resources within an organization.

It is typically accessible only to employees or other authorized users and can include various types of content such as company news, documents, and applications. Intranets are designed to improve communication and collaboration within an organization by providing a central location for employees to access and share information.

To know more about Intranet stands:

https://brainly.com/question/19339846

#SPJ11

the gross domestic product (gdp) of the united states is defined as themarket value of allfinal goods and services consumed within the united states in a given period of time.

Answers

The GDP of the United States is the total market value of all final goods and services produced and consumed within the country during a specific period of time.

GDP is a measure of a country's economic activity, and it provides a snapshot of the size and growth rate of its economy.

The components of GDP include consumer spending, government spending, investment, and net exports. GDP is typically calculated on an annual basis, but it can also be reported on a quarterly or monthly basis. GDP is a crucial indicator for policymakers, investors, and analysts, as it reflects the overall health and performance of a country's economy.\

In the case of the United States, GDP is one of the most closely watched economic indicators in the world, given its status as the largest economy globally.

For more questions like GDP click the link below:

https://brainly.com/question/31197617

#SPJ11

The chief prediction of the sensory exploitation hypothesis for female choice is that:
A. female preference for a male trait evolves before the male trait itself.
B. the males with the best ornaments or advertisements provide the best genetic benefits to the female's offspring.
C. males with the best ornaments or advertisements provide nutrients, protection, or some other benefit to females.
D. B and C are both correct.

Answers

The chief prediction of the sensory exploitation hypothesis for female choice is that female preference for a male trait evolves before the male trait itself. Option (A) is correct.

The sensory exploitation hypothesis proposes that male animals evolve traits or behaviors that exploit pre-existing biases or preferences in females. The chief prediction of this hypothesis for female choice is that the female's preference for a male trait evolves before the male trait itself. In other words, the male trait is not the direct target of selection, but rather evolves as a result of selection acting on the female preference for that trait.

This hypothesis suggests that female preference for male traits is not necessarily linked to the genetic quality or fitness of the males. Instead, male traits may be selected for simply because they appeal to pre-existing sensory biases in females. This hypothesis has been used to explain the evolution of a variety of male traits, including bright colors, complex songs, and elaborate courtship displays.

In conclusion, the chief prediction of the sensory exploitation hypothesis for female choice is that female preference for a male trait evolves before the male trait itself. This hypothesis proposes that male traits may be selected for simply because they appeal to pre-existing sensory biases in females.

Option (A) is correct.

You can learn more about sensory exploitation hypothesis at

https://brainly.com/question/14034024

#SPJ11

54. list the name of all the customers who have never made a payment on the same date as another customer. order by customer name. (57)

Answers

We then filter out these customers using a WHERE clause that looks for instances where the payment ID for the second join is NULL. Finally, we sort the list by customer name using the ORDER BY clause.

To list the name of all customers who have never made a payment on the same date as another customer, we need to query the database and look for instances where two or more customers have made payments on the same date. Once we identify these instances, we can exclude the customers involved from our list. Here's the SQL code for this query:

SELECT DISTINCT c.customer_name
FROM customers c
LEFT JOIN payments p1 ON c.customer_id = p1.customer_id
LEFT JOIN payments p2 ON p1.payment_date = p2.payment_date AND p1.customer_id != p2.customer_id
WHERE p2.payment_id IS NULL
ORDER BY c.customer_name;

This query uses a LEFT JOIN to match each customer in the customers table with their corresponding payment records in the payments table. We then join this result with itself on the payment date and exclude any matches where the customer IDs are not equal. This gives us a list of all customers who have made payments on the same date as another customer. We then filter out these customers using a WHERE clause that looks for instances where the payment ID for the second join is NULL. Finally, we sort the list by customer name using the ORDER BY clause.

to learn more about payments click here:

brainly.com/question/19550910

#SPJ11

If the economy is currently in equilibrium at a level of GDP that is below potential GDP, which of the following would move the economy back to potential GDP?A.A decrease in interest rates.B.An increase in the value of the dollar relative to other currencies.C.A decrease in business confidence.D.An increase in interest rates.

Answers

A decrease in interest rates would move the economy back to potential GDP when it is currently in equilibrium below potential GDP.

When an economy is below its potential GDP, it indicates that resources are not being fully utilized. In this situation, a decrease in interest rates (option A) would encourage borrowing and investment, leading to higher spending and economic growth.

This growth would help close the gap between the current GDP and the potential GDP. An increase in the value of the dollar (option B) would make imports cheaper and exports more expensive, potentially worsening the situation.

A decrease in business confidence (option C) would lead to reduced investment and further slow down the economy. An increase in interest rates (option D) would discourage borrowing and investment, which would not help the economy reach its potential GDP.

To know more about interest rates click on below link:

https://brainly.com/question/13324776#

#SPJ11

If Canadian exports of goods and services are $40 billion, imports of goods and services are $35 billion, transfers by Canadians to foreigners are $2 billion, and transfers from foreigners to Canadian citizens are $1 billion, then the current account balance is
A. +$6 billion
B. -$6 billion
C. -$7 billion
D. +$4 billion
E. -$4 billion

Answers

The current account balance is D. +$4 billion.

To calculate the current account balance, we can use the following formula:
Current Account Balance = (Exports of goods and services - Imports of goods and services) + (Transfers from foreigners to Canadians - Transfers by Canadians to foreigners)

Plugging in the given values:

Current Account Balance = ($40 billion - $35 billion) + ($1 billion - $2 billion)
Current Account Balance = $5 billion - $1 billion
Current Account Balance = $4 billion

So, the current account balance is: D. +$4 billion.

Exports are goods and services that are produced in one country and sold to buyers in another. Exports, along with imports, make up international trade. Instead of confining itself within its geographical borders, countries often intentionally seek external markets around the world for commerce, allowing greater revenue and transactional opportunities.

Export refers to a product or service produced in one country but sold to a buyer abroad.Exports are one of the oldest forms of economic transfer and occur on a large scale between nations.Exporting can increase sales and profits if they reach new markets, and they may even present an opportunity to capture significant global market share.Companies that export heavily are typically exposed to a higher degree of financial risk.

Learn more about import and export here: https://brainly.com/question/29835505

#SPJ11

exercise 11-15a (algo) accounting for stock dividends lo 11-7beacon corporation issued a 4 percent stock dividend on 40,000 shares of its $7 par common stock. at the time of the dividend, the market value of the stock was $26 per share.required:compute the amount of the stock dividend.show the effects of the stock dividend on the financial statements using a horizontal statements model.

Answers

The stock dividend has no effect on the total stockholders' equity or the total assets and liabilities of the company. The stock dividend increases the number of shares outstanding, which in turn increases the common stock and additional paid-in capital accounts

To compute the amount of the stock dividend, we first need to calculate the total number of shares to be distributed. This can be done by multiplying the number of shares by the percentage of the dividend: 40,000 x 4% = 1,600 shares Therefore, Beacon Corporation will distribute 1,600 shares of its common stock as a stock dividend. To show the effects of the stock dividend on the financial statements using a horizontal statements model, we need to consider the following accounts: - Common Stock - Paid-in Capital in Excess of Par Value - Retained Earnings Here's how the stock dividend will affect each of these accounts: Common Stock: Before Dividend: 40,000 shares x $7 par value = $280,000 After Dividend: 41,600 shares x $7 par value = $291,200 Paid-in Capital in Excess of Par Value: Before Dividend: $0 After Dividend: (41,600 shares x $26 market value) - $291,200 common stock = $283,200 Retained Earnings: Before Dividend: $600,000 After Dividend: $600,000 (no change) Therefore, the effects of the stock dividend on the financial statements can be shown as follows: Beacon Corporation Horizontal Statements Model For the Year Ended December 31, 20XX Before Dividend After Dividend Assets Current Assets Total Current Assets Property, Plant, and Equipment Total Assets Liabilities and Stockholders' Equity Current Liabilities Total Current Liabilities Stockholders' Equity Common Stock $280,000 $291,200 Paid-in Capital in Excess of Par Value $0 $283,200 Retained Earnings $600,000 $600,000 Total Stockholders' Equity Total Liabilities and Stockholders' Equity

Learn more about stock here:

https://brainly.com/question/29992015

#SPJ11

which of the four sources of taxable income are considered objective and which are considered subjective? which of these sources generally receives the greater weight in analyzing whether a valuation allowance is needed?

Answers

The four sources of taxable income are: Taxable income in prior carryback years,  Future reversals of existing taxable temporary differences, Tax planning strategies, Future taxable income exclusive of reversing temporary differences and carryforwards.

In this context, sources 1 and 2 are considered objective, as they are based on historical data and can be quantified accurately. On the other hand, sources 3 and 4 are considered subjective because they involve projections, estimates, and assumptions about future events.

When analyzing whether a valuation allowance is needed, greater weight is generally given to objective sources of taxable income, specifically future reversals of existing taxable temporary differences (source 2).

This is because objective sources provide a more reliable and quantifiable basis for determining the need for a valuation allowance, reducing the uncertainty associated with subjective estimates and projections.

To know more about taxable income, refer here:

https://brainly.com/question/8653999#

#SPJ11

a machine originally had an estimated useful life of 13 years, but after 2 complete years, it was decided that the original estimate of useful life should have been 16 years. at that point the remaining cost to be depreciated should be allocated over the remaining: multiple choice 5 years. 11 years. 13 years. 16 years. 14 years.

Answers

The remaining cost to be depreciated should be allocated over the remaining 14 years using the revised annual depreciation rate.

To calculate the remaining cost to be depreciated, you need to use the straight-line depreciation method. This method assumes that the asset depreciates at a constant rate each year.

Original cost = Cost at Purchase - Salvage Value

Assuming the salvage value is $0, we can simplify the calculation to:

Original cost = Cost at Purchase

Next, calculate the annual depreciation rate:

Annual depreciation rate = (Original cost - Salvage value) / Estimated useful life

Using the original estimate of 13 years:

Annual depreciation rate = (Original cost - 0) / 13

Using this rate, after 2 years, the accumulated depreciation would be:

Accumulated depreciation = Annual depreciation rate x Number of years = (Original cost / 13) x 2

To calculate the remaining book value of the machine after 2 years:

Book value = Original cost - Accumulated depreciation

Now, it is determined that the estimated useful life of the machine is actually 16 years. To adjust the depreciation schedule, we need to calculate the revised annual depreciation rate:

Revised annual depreciation rate = (Original cost - Salvage value) / Revised estimated useful life

Revised annual depreciation rate = (Original cost - 0) / 16

To allocate the remaining cost to be depreciated over the remaining 14 years:

Remaining cost to be depreciated = Original cost - Accumulated depreciation

Annual depreciation expense for the remaining 14 years = Remaining cost to be depreciated / 14

Learn more about depreciation rate here:

https://brainly.com/question/31116839

#SPJ12

al is a 35-year-old worker who is replaced by a 30-year-old worker. in the context of the age discrimination in employment act, which of the following statements is most accurate?

Answers

" The ADEA is designed to protect workers from age-based discrimination in the workplace, but it specifically applies to individuals aged 40 and above.

In the context of the Age Discrimination in Employment Act, the replacement of a 35-year-old worker with a 30-year-old worker could potentially be considered age discrimination, as the act protects workers over the age of 40 from being discriminated against based on their age.

However, there may be other factors at play, such as the qualifications and experience of the new worker, that could justify the decision to replace the older worker.

In the context of the Age Discrimination in Employment Act (ADEA), the most accurate statement is: "Al, the 35-year-old worker, is not protected under the ADEA, as the act covers workers who are 40 years old or older." The ADEA is designed to protect workers from age-based discrimination in the workplace, but it specifically applies to individuals aged 40 and above.

to learn more about worker click here:

brainly.com/question/12206990

#SPJ11

repare general
journal entries to record the following transactions. No
explanations.
Jan. 3 Paid office rent, $1,600.
4 Bought a truck costing $50,000, making a down payment of $7,000.
6 Paid wages, $3,000.
7 Received $16,000 cash from customers for services performed.
10 Paid $4,100 owed on last month's bills.
12 Billed credit customers, $5,300.
17 Received $1,800 from credit customers.
19 Taylor Gordon, the owner, withdrew $1,700.
23 Paid $700 on amount owed for truck.
29 Received bill for utilities expense, $255.
Accounts
Cash
Accounts Receivable
Truck
Accounts Payable
Taylor Gordon, Drawing
Service Fees
Rent Expense
Wages Expense
Utilities Expense

Answers

Jan. 3 - Debit Rent Expense $1,600 and Credit Cash $1,600


Jan. 4 - Debit Truck $50,000, Credit Cash $7,000, and Credit Accounts Payable $43,000
Jan. 6 - Debit Wages Expense $3,000 and Credit Cash $3,000
Jan. 7 - Debit Cash $16,000 and Credit Service Fees $16,000
Jan. 10 - Debit Accounts Payable $4,100 and Credit Cash $4,100
Jan. 12 - Debit Accounts Receivable $5,300 and Credit Service Fees $5,300
Jan. 17 - Debit Cash $1,800 and Credit Accounts Receivable $1,800
Jan. 19 - Debit Taylor Gordon, Drawing $1,700 and Credit Cash $1,700
Jan. 23 - Debit Accounts Payable $700 and Credit Cash $700
Jan. 29 - Debit Utilities Expense $255 and Credit Accounts Payable $255.
these journal entries only reflect the transactions given and do not take into account any additional information or adjustments.

To know more about debit Rent visit:

brainly.com/question/15192761

#SPJ11

what would have the biggest influence on top management's reaction to a difference between budgeted and actual sales

Answers

There are several factors that could influence top management's reaction to a difference between budgeted and actual sales.

However, one of the biggest influences would likely be the magnitude of the variance. If the variance is small and within a reasonable range of deviation, top management may not react too strongly. However, if the variance is significant and outside of the expected range, top management may become concerned and take action. Other factors that could influence their reaction include the overall financial health of the company, the specific goals and objectives set for the sales department, and the market conditions and competitive landscape in which the company operates. Additionally, the level of transparency and communication within the organization can also impact how top management perceives and reacts to the difference between budgeted and actual sales.
The biggest influence on top management's reaction to a difference between budgeted and actual sales would likely be the magnitude of the discrepancy, as well as the underlying factors contributing to this difference. Management may consider external factors, such as market conditions or competition, and internal factors, such as pricing strategy or operational efficiency, to understand the reasons behind the variance and make informed decisions to address it.

Visit here to learn more about sales brainly.com/question/29857652

#SPJ11

the total work done on an object results in negative work. from this statement, the following conclusions may be correctly drawn

Answers

The total work done on an object results in negative work.  When the total work done on an object results in negative work, it can be concluded that the object experiences a force opposite to its displacement, its kinetic energy is decreasing.

From this statement, the following conclusions may be correctly drawn:

1. The object is experiencing a force opposite to its displacement: Since work is defined as the product of force and displacement (W = F × d × cosθ), when the angle between the force and the displacement is 180 degrees, the work done becomes negative. This implies that the force applied is in the opposite direction to the object's displacement.

2. The object's kinetic energy is decreasing: According to the work-energy theorem, the work done on an object is equal to the change in its kinetic energy. If the total work done is negative, it means the object's final kinetic energy is less than its initial kinetic energy. Thus, the object is losing kinetic energy and slowing down.

3. The object is decelerating: Since the object's kinetic energy is decreasing, it is experiencing a decrease in its velocity. This implies that the object is decelerating or slowing down.

4. The force applied is a resistive force: In situations where the total work done is negative, the force acting on the object is typically a resistive force, such as friction or air resistance. These forces work against the motion of the object, causing it to slow down.

In summary, when the total work done on an object results in negative work, it can be concluded that the object experiences a force opposite to its displacement, its kinetic energy is decreasing, it is decelerating, and the force applied is a resistive force.

To know more about total work done refer here

https://brainly.com/question/31506558#

#SPJ11

which of the following statements is true? i. compared with a modern economy, the division of knowledge is greater in a primitive economy because every family is self-sufficient: growing their own food, making their own clothes, and constructing their own shelter. ii. nobody understands the entire process of producing even the simplest products, like a lead pencil, in a modern economy. iii. the collapse of communism and the opening of the chinese economy to the rest of the world have increased the division of knowledge, leading to increased world output.

Answers

i. Compared with a modern economy, the division of knowledge is greater in a primitive economy because every family is self-sufficient: growing their own food, making their own clothes, and constructing their own shelter.

ii. Nobody understands the entire process of producing even the simplest products, like a lead pencil, in a modern economy.

iii. The collapse of communism and the opening of the Chinese economy to the rest of the world have increased the division of knowledge, leading to increased world output.

The true statement is:

ii. Nobody understands the entire process of producing even the simplest products, like a lead pencil, in a modern economy. This statement reflects the complexity and specialization of modern economies.

Different parts of the production process are divided among various individuals and organizations, requiring a wide range of knowledge and expertise.

This division of knowledge allows for increased efficiency and higher quality products. In contrast, a primitive economy has a more limited division of knowledge, as families need to be more self-sufficient and cannot rely on specialized expertise to the same extent as in a modern economy.

The opening of the Chinese economy has indeed contributed to the increased division of knowledge and global output, but the statement iii does not address the comparison between modern and primitive economies.

To know more about modern economy refer here

https://brainly.com/question/31036338#

#SPJ11

recommend practical strategy that could be implemented to ensure the effectiveness of the campaign

Answers

One of the most practical strategy that could be implemented to ensure the effectiveness of the campaign is to leverage on wideness of social media platforms.

How can social media improve campaign effectiveness?

Today, platform of social media serves as essential tool for reaching a large audience quickly and cost-effectively. By using platforms like Face/bo/ok, Tw/it/ter etc, the campaign organizers can reach a broader audience and engage with their supporters.

They can also encourage audience to to share the campaign with their followers. Also, the tool allows for more targeted advertising, so campaigns can be directed to specific demographics which increases the likelihood of reaching their intended audience.

Read more about campaign

brainly.com/question/30104473

#SPJ1

The horizon company will invest $96,000 in a temporary project that will generate the following cash inflows for the next three years. use appendix b for an approximate answer but calculate your final answer using the formula and financial calculator methods. year cash flow 1 $ 34,000 2 28,000 3 79,000 The firm will also be required to spend $16,000 to close down the project at the end of the three years. a. compute the net present value if the cost of capital is 11 percent. note: negative amount should be indicated by a minus sign. do not round intermediate calculations and round your answer to 2 decimal places.
Net present value ___
b. should the investment be undertaken?
- yes
- no

Answers

The net present value of the project is -$910.73. The investment should not be undertaken.

a. To calculate the net present value (NPV) of the project, we need to discount each cash flow using the cost of capital (11%) and then subtract the initial investment and the closing cost.

Here's the NPV formula:

NPV = (CF1 / (1 + r)^1) + (CF2 / (1 + r)^2) + (CF3 / (1 + r)^3) - Initial Investment - Closing Cost

Where:
CF1, CF2, CF3 = cash flows for each year
r = cost of capital (0.11)

Plugging in the values, we get:

NPV = (34,000 / (1 + 0.11)^1) + (28,000 / (1 + 0.11)^2) + (79,000 / (1 + 0.11)^3) - 96,000 - 16,000

NPV = (34,000 / 1.11) + (28,000 / 1.2321) + (79,000 / 1.36763) - 96,000 - 16,000

NPV = 30,630.63 + 22,725.03 + 57,733.61 - 96,000 - 16,000

NPV = 111,089.27 - 112,000

NPV = -$910.73 (rounded to 2 decimal places)

b. Since the net present value is negative, the investment should not be undertaken.

To learn more about net present value, visit: https://brainly.com/question/28256489

#SPJ11

playing games and doing simulations to learn job related skill sets away from the workplace are examples of learning and development.

Answers

True. playing games and doing simulations to learn job related skill sets away from the workplace are examples of learning and development.

How does playing games and doing simulations help learning?

Plаying gаmеs аnd simulаtiоns thаt аre designed tо teаch jоb-relаted skills саn be аn effective wаy tо leаrn аnd develoр thоse skills outside оf thе wоrkрlаce. This аpproаch tо leаrning is оften referred tо аs "gаmificаtion" оr "sеrious gаmеs."

Gаmes аnd simulаtiоns саn prоvide а sаfe аnd immеrsivе еnvironmеnt where leаrners саn prаctice аnd exрeriment with new skills without thе risk оf mаking mistаkes thаt could hаve reаl-wоrld сonsequenсes.

Read more on learning and development here:https://brainly.com/question/31227976

#SPJ1

Bonita Company estimates that unit sales will be 9,000 in quarter 1, 12,600 in quarter 2, 13,500 in quarter 3, and 16,200 in quarter 4. Using a unit selling price of $68 per unit.
Prepare the sales budget by quarters for the year ending December 31, 2022.

Answers

The sales budget for Bonita Company for the year ending December 31, 2022, shows that the company is expected to generate $3,486,000 in sales revenue based on the estimated unit sales and unit selling price.

A sales budget is a financial plan that outlines the estimated sales revenue for a specific period. In the case of Bonita Company, the estimated unit sales for each quarter have been provided. To prepare the sales budget for the year ending December 31, 2022, we will multiply the estimated unit sales for each quarter by the unit selling price of $68.

For quarter 1, the estimated unit sales are 9,000, so the sales revenue would be:

9,000 units x $68 per unit = $612,000

For quarter 2, the estimated unit sales are 12,600, so the sales revenue would be:

12,600 units x $68 per unit = $856,800

For quarter 3, the estimated unit sales are 13,500, so the sales revenue would be:

13,500 units x $68 per unit = $918,000

For quarter 4, the estimated unit sales are 16,200, so the sales revenue would be:

16,200 units x $68 per unit = $1,099,200

Therefore, the total estimated sales revenue for the year ending December 31, 2022, would be:

$612,000 + $856,800 + $918,000 + $1,099,200 = $3,486,000

For more such questions on Budget.

https://brainly.com/question/14346747#

#SPJ11

what is the most effective way to make sure a promotional message stands out and is received and decoded appropriately by the target audience?

Answers

The most effective way to ensure that a promotional message stands out and is received and decoded appropriately by the target audience is to understand the target audience's needs, preferences, and behaviors.

The message should be tailored to the specific demographic of the audience, and it should be delivered in a way that resonates with their interests and motivations. Additionally, using a clear and concise message with an attention-grabbing headline can help the message stand out. The message should also highlight the unique benefits of the product or service being promoted, and it should provide a clear call-to-action that prompts the audience to take action. Incorporating visual elements such as images, videos, or infographics can also help to make the message more engaging and memorable. Finally, leveraging various channels such as social media, email, and traditional advertising can help to reach a wider audience and increase the chances of the message being received and acted upon. Overall, a successful promotional message requires a deep understanding of the target audience, a clear and concise message with attention-grabbing elements, and a strategic distribution plan that maximizes the message's reach and impact.

Learn more about infographics here:

https://brainly.com/question/14267721

#SPJ11

a corporation engaged in an illegal maneuver that lowered its reported tax expense on its financial accounting income statement and allowed it to receive an excessively high tax refund from the irs. an employee who works for this company potentially can recover a whistleblower reward:

Answers

a) Yes he can, Under the False Claims Act (FCA), individuals who report instances of fraud against the government, including tax fraud, can receive a reward of up to 30% of the government's recovery.

The FCA has a provision that allows employees to blow the whistle on their employers if they are engaged in fraudulent activities that result in financial harm to the government. In this scenario, if the corporation's tax maneuver results in an excessively high tax refund from the IRS, then the government has been financially harmed, and the employee who reports the fraud may be eligible for a whistleblower reward.

The purpose of whistleblower rewards is to encourage employees to come forward with information about illegal or unethical activities that might otherwise go unnoticed. Without these incentives, employees may be reluctant to speak up due to fear of retaliation or loss of employment. Whistleblower laws help to protect the public interest by providing a means for employees to report wrongdoing and hold accountable those who engage in illegal or unethical activities.

Learn more about Frauds here:- brainly.com/question/28027511

#SPJ11

Other Questions
a firm's value added can be measured as the value of its:____.profits. purchases of inputs from other firms. total sales. total sales, less purchases from other firms. Suppose the current account shows debits of $5.3 billion and credits of $4.7 billion. The current account balance is ________, and the financial account balance is ________.A) +$0.6 billion; -$0.6 billionB) +$0.6 billion; +$0.6 billionC) -$0.6 billion; -$0.6 billionD) -$0.6 billion; +$0.6 billion Describe what uncontrollable factors have changed orwill be changed in 2-5 years for SAMSUNG. If there were 20 dogs and 60 cats at a pet daycare, how many cats would there be if there were 40 dogs and the ratio stayed the same? a math teacher gives two different tests to measure students' aptitude for math. scores on the first test are normally distributed with a mean of 23 and a standard deviation of 5.1. scores on the second test are normally distributed with a mean of 68 and a standard deviation of 10.4. assume that the two tests use different scales to measure the same aptitude. if a student scores 30 on the first test, what would be his equivalent score on the second test? (that is, find the score that would put him in the same percentile.) When a scatter chart of data shows a nonlinear relationship, the nonlinear model can be expressed as y= Bo + B1 x1 + B2 x12 + O y = Bo + B2 xq2 + B2 xz + E Oy = Bo + B1 *1 + (B2 xq)2+ & Oy= bo + by X2 + b2 xq 2 which of the following statements is false? the purpose of an audit is to enhance the degree of confidence that managers can place in the financial statements, thereby facilitating their decision making. auditors are responsible for having the appropriate competence and capabilities to perform the audit, should comply with ethical requirements, and maintain professional skepticism throughout the audit. the auditor needs to obtain reasonable assurance as to whether the financial statements are free from material misstatement. an audit has inherent limitations such that the auditor is not able to obtain absolute assurance about whether the financial statements are free from misstatement. A file that data is read from is known as a(n)a. input file.b. output file.c. sequential access file.d. binary file. "Tornado Alley":A. stretches from the southern Plains to the lower Great Lakes.B. is the nickname for the Storm Prediction Center in Norman, Oklahoma.C. is located in Florida.D. is a strip running from Kansas to western Pennsylvania. which windows 10 feature captures a screenshot each time the user clicks a screen item and saves the screenshots and user actions in a report that can be sent via email or saved to a shared storage location? Honors Fight for Their Rights AssessmentYou are defending one of the characters in the short story: thebaron/Bisclavaret or the wife. Your job is to prove that yourcharacter is innocent, and that the other character is a truemonster.Step 1: Identify your character and claim.Character:Which character are yourepresenting?Claim:Write your claim.Step 2: Write a three-paragraph closing argument for the trialthat will persuade the jury that your character is innocent.Your paragraphs should incorporatean ethos, logos, and pathos appealat least three rhetorical devicesa claim supported by sufficient evidence from theshort storyClosing Argument:Write three paragraphs addressed to the jury to argue who the real monster is and why your character is innocent. Find the line parallel to y = -2x - 5that includes the point (-1, 3).Enter the y value of the point.( Remember: y - y = m(x - x)y- [?] = Solve for the current i in the circuit of Fig. 4. 103 using Thevenin's theorem. (Hint. Find the Thevenin equivalent seen by the 12- resistor. 10 12 40 150 V +- 60 V ompletely decomposes, producing no2(g) and no(g). calculate the final pressure of the gas mixture, assuming that the container volume does not change. What does this observation imply about the net torque about the pivot? Explain. In the US over the last thirty years:a. Before tax income has become more equalb. After tax income has become more unequalc. The wages of college educated workers have fallen relative tothose with a high school educationd. Consumption has become more unequale. None of the above In Problems 9-11, determine which procedure is more appropriate: paired difference in means or difference in means with two independent samples. 9. In a study to determine whether the color red increases how attractive men find women, one group of men rate the attractiveness of a woman after seeing her picture on a red background and another group of men rate the same woman after seeing her picture on a white background. 10. In a study to determine whether the color red increases how attractive women find men, a group of women rate the attractiveness of a man after seeing his picture on a red background and after seeing his picture on a white background. The order of appearance of background color is randomized. 11. To study the effect of sitting with a laptop on one's lap on skin temperature, 29 students had their skin temperature tested at their inner thigh before and after sitting with a laptop for one hour. Dr. Grossman administers a TAT in order to assess the achievement motivation of a client. Which of the following describes this procedure? He will ask the client to interpret abstract, symmetrical inkblots, He will ask the client to supply the missing feature in a picture completion task. He will ask the client to engage in a picture arrangement task. He will ask the client to interpret a series of drawings that show scenes of people. A patient is admitted to the hospital after an injury that has reduced in the shoulder joint. Although the person has a of high blood pressure, the that the healthcare team is focused on is the shoulder injury. The lead physician makes a note to so that the patient can be administered intravenous drugs . Determine the 1st term, common difference, and 20th term of the sequence. -10, -1, 8, 17, 26