Ethical and sustainable sourcing strategies are essential components of logistics design in organizations. An ethical sourcing strategy ensures that all the raw materials and finished products used are obtained through means that respect human rights, health, and safety. On the other hand, sustainable sourcing is an approach to obtain the resources in a way that will reduce environmental impact and, at the same time, balance the needs of the ecosystem with the growth of the organization.
Incorporating ethical and sustainable sourcing practices into logistics design has become a priority for many companies. They understand that consumers are becoming increasingly environmentally and socially conscious, and therefore, they strive to use sustainable and ethical means in the production process. These practices have the power to improve brand reputation, increase customer loyalty, and differentiate a company in a highly competitive market.
However, integrating sustainable and ethical practices into the supply chain is not always easy. One of the main challenges is ensuring that all suppliers follow the same guidelines and principles. In other cases, the cost of implementing ethical and sustainable sourcing may be higher than the traditional practices. This can hinder the adoption of these practices by smaller organizations.
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Sometimes in these problems you may NOT be given the supply and demand functions in order to find the market equilibrium but will be asked to find them yourself. Say you take a poll of the class and find that, given the chance, 25 students would buy an apple for $2, but 35 students would buy an apple for $1. Which of the following would be the linear demand model for this situation? D(x)=−0.1x+4.50
D(x)=−2x+4.50
D(x)=−2x+2.50
D(x)=−0.1x+45
D(x)=−2x+45
The linear demand model for this situation is D(x)=−0.1x+4.50.
The demand function is a function that shows how the quantity demanded of a product changes as the price of the product changes. In this case, the demand function is linear, which means that it can be represented by a straight line.
The slope of the demand function is the change in the quantity demanded divided by the change in the price. In this case, the slope is -0.1, which means that for every $1 increase in the price, the quantity demanded decreases by 10 students.
The y-intercept of the demand function is the quantity demanded when the price is 0. In this case, the y-intercept is 4.5, which means that 4.5 students would buy an apple even if it were free.
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Potriz Inc. is planning a replacement decision. In doing so, the company wants to replace an old machine that was purchased for $65000 two years ago and can now be sold at a market price of 23,000.
The cost of the new machine is $140,000. It will require installation and shipping costs of $2000 and $4000, respectively.
The fax allowable depreciation for the old machine is $13000 per year for a period of 5 years. The useful life of the new machine is three years. For the first two years, the new machine has an annual tax allowable depreciation of $7000. The annual expected operating cash flow (before tax) of the new machine and old machine are $143000 and 12000, respectively.
Furthermore, with the new machine, inventory, account receivables, and payables are expected to increase immediately by $13000, $9000, and $15000, respectively.
The corporate tax rate is 30 percent. The market prices of the new and old machines are expected to be $6600 and $4000, respectively.
Compute the NPV of the replacement project, assuming a discount rate of 6% per annum
What is the proposed investment’s IRR?
Use the computed IRR and NPV results and discuss the project/accept decision
Introduction to the problem The problem deals with the replacement of an old machine with a new one. The old machine was purchased two years ago for $65000, and now it can be sold for $23,000.
The cost of the new machine is $140,000. It will require installation and shipping costs of $2000 and $4000, respectively. The corporate tax rate is 30 percent, and the market prices of the new and old machines are expected to be $6600 and $4000, respectively.
Computation of annual tax allowable depreciation for the old machine Annual tax allowable depreciation for the old machine = $13000 per year for five years. Therefore, after two years, the depreciation for the old machine would be $26000.Computation of the annual tax allowable depreciation for the new machine.
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: On December 1. 2021 Lansing On December 31,2021 the company made the appropriate year-end adjusting entry for interest: On March 1, 2022, Joshua Smith pays Lansing Compony the note and interest in full as promised What journal entry should the compe hake to record the collection of cash on March 1, 2022? (Round your answers to the nearest vhole dollar.) On December 1. 2021 Lansing On December 31,2021 the company made the appropriate year-end adjusting entry for interest: On March 1, 2022, Joshua Smith pays Lansing Compony the note and interest in full as promised What journal entry should the compe hake to record the collection of cash on March 1, 2022? (Round your answers to the nearest vhole dollar.)
Journal Entry to record the collection of cash on March 1, 2022 Lansing Company is a company that made the appropriate year-end adjusting entry for interest on December 31, 2021. Joshua Smith pays the note and interest in full as promised on March 1, 2022. To record the collection of cash on March 1, 2022, the company will make the following journal entry: Cash account, Debit$5,687; Notes receivable account, Debit$5,000; Interest income account, Credit$687.
Explanation: On December 31, 2021, Lansing Company made an adjusting entry to recognize the interest earned on the note for the month of December. Therefore, the interest to be recorded when the payment is received on March 1, 2022, is the interest earned for January and February 2022 which is equal to $687. Hence, the cash account is debited for the total amount received from Joshua Smith, which is $5,687. The Notes Receivable account is debited for the principal amount of the note of $5,000, while the interest income account is credited for $687, which is the interest earned.
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Consider an AK model of endogenous growth. If the aggregate production function is given by Y=1.5 K and the depreciation rate is 17.5% : a. What is the minimum savings rate such that this economy will experience growth in the long run? b. Discuss the pros and cons of pushing a high saving rate in this economy.
The minimum savings rate in this economy for long-run growth is 17.5%. The pros of pushing for a high savings rate would lead to long-term growth and more stable economies. The cons of pushing for a high savings rate are lower short-term consumption, which could lead to social unrest.
The AK model of endogenous growth assumes that knowledge and capital are the engines of growth. Y represents output, and K represents capital.
Given Y = 1.5K, we can substitute this in the equation to get a new equation like K = Y / 1.5
The depreciation rate is given as 17.5%, which means that a total of 17.5% of capital must be saved to replace the depreciated capital.
What is the minimum savings rate such that this economy will experience growth in the long run?
The minimum savings rate in this economy for long-run growth is 17.5%.Discuss the pros and cons of pushing a high saving rate in this economy.The pros of pushing for a high savings rate would lead to long-term growth and more stable economies.
The increased savings rate could also fund investments and R&D that would lead to economic growth in the future.The cons of pushing for a high savings rate are lower short-term consumption, which could lead to social unrest. If savings rates are too high, people might not be able to consume enough to maintain their standard of living.
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Because air transport is so expensive the best cargo candidates for air shipment are products with a high cost to weight ratio.
true
If you face significant pressures to reduce the costs of
production, exporting is a better option than licensing. Group of
answer choices True False
If you are facing significant pressures to reduce the costs of production, exporting is a better option than licensing. This statement is false.
Here's why: When it comes to exporting, it requires a lot of investment, effort, and time. The company has to have its own manufacturing unit, packaging, and shipping facilities, among other things.
Therefore, in order to be successful in exporting, the company must invest a lot of money and time upfront and work hard to maintain its presence in the foreign market.
Licensing, on the other hand, is a much less expensive option. It is the process of allowing another firm to use your company's intellectual property, such as trademarks, patents, copyrights, and trade secrets. By licensing your intellectual property to other firms, you can earn royalties, which can help to offset your production costs. This allows you to keep your costs down while still earning revenue from the products you produce.
While exporting is a viable option, it requires a lot of investment and effort. Licensing, on the other hand, is a less expensive option that allows companies to offset their production costs while still earning revenue from their intellectual property.
Therefore, the statement "If you face significant pressures to reduce the costs of production, exporting is a better option than licensing" is false.
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bticials in charge of televising an international chess competition in south America want to determine if the average time per move for the fop players has remained it 5 minutes over the last two yeass. Viseo tapes of matches which have been played over the two-year period are reviewed and a random sample of 49 moves are *imed, The sample mean k 4.5 minutes. Assume the population standard deviation is 3.7 minutes. Using the confidence interval approach, test the hypothesis that the averase ume per move is different from 5 minutes at a 0.01 significance level. Step 2 of 2 : Diaw a conclusion and interpret the decision, Answer Keyoodrd sthartcuts previons step anwer? Becamse the hypothesited value does not fall in the interval, we tar to reject the null hypothesis. There is not rifficient evidence at the 0.01 significance level that the 3veraget time per micive is difterent from 5 minutes. becwuse the hypothesized value falis in the imerval, we reject the nullypothesis. Thece is sufticient evidence at the 0.01 significance level that ithe average time per move is diferem from 5 minutes. Hecause the typothesited value fays in the confidence intervat, we fail to reject the nult tiypothesis. There is not suffichent evidence at the 0.01 significance teyel that The are trage lime per miove is different from 5 minutes the uveraknt time per mave is different from 5 ministet.
The conclusion based on the given information is: "Because the hypothesized value does not fall in the interval, we fail to reject the null hypothesis.
There is not sufficient evidence at the 0.01 significance level that the average time per move is different from 5 minutes." To test the hypothesis, a confidence interval is constructed using the sample mean, sample size, population standard deviation, and the desired significance level. In this case, the sample mean is 4.5 minutes, and the population standard deviation is 3.7 minutes. Since the confidence interval contains the hypothesized value of 5 minutes, we fail to reject the null hypothesis. This means that there is not enough evidence to conclude that the average time per move is different from 5 minutes. The confidence level chosen (0.01) indicates a high level of confidence in this decision.
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if you combine a long stock position with selling an at-the-money call option, the resulting net payoff profile will resemble the payoff profile of a
Combining a long stock position with selling an at-the-money call option creates a specific net payoff profile that resembles the payoff profile of a specific financial instrument.
When you have a long stock position, it means you own the stock and benefit from its price increasing. On the other hand, selling an at-the-money call option means you are giving someone else the right to buy the stock from you at a specific price (strike price) in the future.
To understand the resulting net payoff profile, let's consider different scenarios:
1. Stock price below the strike price:
- If the stock price remains below the strike price at expiration, the call option expires worthless and you keep the premium received from selling the option. You continue to hold the long stock position, but the option premium adds to your overall profit.
2. Stock price above the strike price:
- If the stock price rises above the strike price at expiration, the call option is exercised, and you are obligated to sell the stock at the strike price. However, your profit from the increasing stock price offsets the loss from selling the stock at a lower price, resulting in a capped profit.
In summary, combining a long stock position with selling an at-the-money call option results in a net payoff profile that resembles a covered call strategy. This strategy limits potential upside gains in exchange for receiving the premium from selling the option. The profit potential is limited to the strike price of the call option plus the premium received, while the downside risk is mitigated by the premium received.
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Combining a long stock position and selling an at-the-money call option results in a covered call. The gain will be capped if the stock price rises above the strike price, while the potential losses are offset if the stock price stays below the strike price.
Explanation:When you combine a long stock position with selling an at-the-money call option, the resulting net payoff profile will resemble the payoff profile of a so-called covered call.
In a covered call, you own the underlying asset (in this case, the stock) and sell a call option on that asset. If the stock price rises above the strike price, you have to sell the asset at the strike price, capping your gains. If the stock price stays below the strike price, you keep the asset and collect the premium from selling the call option. In both cases, your potential losses from owning the stock are offset by the premium you receive from selling the call.
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An obligation of a business that represents the claims of others against the assets of the business is called a(n) a asset b expense C liablity d equity
A liability is the answer to the question, "An obligation of a business that represents the claims of others against the assets of the business is called a(n). "A liability is an obligation of a business that represents the claims of others against the assets of the business.
It refers to the amount of money owed by a business to its creditors, including its suppliers, employees, and lenders. These obligations must be paid in the future and are recorded on the balance sheet of a company as a liability. A liability may be classified as either current or long-term.
A liability is an important concept in accounting because it reflects the financial obligations of a business. It also affects a company's financial health and its ability to pay its debts. Thus, it is important for businesses to manage their liabilities carefully by ensuring that they have enough cash to meet their obligations as they become due.
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which of the following indicate the marginal external cost and the socially optimal quantity? responses $3.00 and 40 units $3.00 and 40 units $2.50 and 60 units $2.50 and 60 units $2.00 and 40 units
The marginal external cost and the socially optimal quantity are D. $1.00 and 20 units respectively.
What are the marginal external cost and socially optimal quantity?The marginal external cost is the difference between the marginal social cost (MSC) and the marginal private cost (MPC) at each level of output. In this case, the marginal external cost is $1.00.
The socially optimal quantity is the quantity at which the marginal social benefit (MSB) equals the MSC. From the graph, we can see that the MSC intersects with the MSB at 20 units. Therefore, the marginal external cost is $1.00, and the socially optimal quantity is 20 units.
Full question:
The following graph shows the marginal social cost (MSC), the marginal private cost (MPC), and the marginal social benefit (MSB) of a good.
Which of the following indicate the marginal external cost and the socially optimal quantity?
A. $3.00 and 40 units
B. $2.50 and 60 units
C. $2.00 and 40 units
D. $1.00 and 20 units
E. $1.00 and 80 units
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You are interested in predicting the price of Bitcoin in CAD, and so you collect data on the daily Bitcoin to CAD exchange rate. You use yesterday's price as an explanatory variable for today's price and fit a linear regression model to this data, with the equation calculated to be: Today's Price =10+1.05∗ Yesterday's Price If Bitcoin's price was $30,000 yesterday, what does the linear regression predict as today's price? $30,000 $30,010 $45,010 $31,510
The linear regression model predicts today's price of Bitcoin in CAD to be $31,510 based on yesterday's price of $30,000.
This prediction is obtained by substituting the value of yesterday's price ($30,000) into the regression equation: Today's Price = 10 + 1.05 * Yesterday's Price. The coefficient of 1.05 represents the relationship between yesterday's price and today's price, indicating that for every unit increase in yesterday's price, today's price is expected to increase by 1.05 units. Therefore, the predicted price is calculated as 10 + 1.05 * $30,000 = $31,510.
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An interesting video showed a man trying to deposit a banana into his bank account. The teller politely told him that only items that last for long periods of time are money. Therefore, she could not accept the banana as a deposit. What function of money did the banana lack? It cannot be counterfeited It is not a measure of worth It is not a store of value It is not a medium of exchange Question 59 1 pts Modern US currency is light and easy to carry. Therefore, it is ... stable divisible durable portable How do banks create money? The mint new coins They charges fees for services They take in deposits and make loans They print new currency Question 61 1 pts During the great recession of 2007 to 2009 , the U.S. economy experienced the greatest economic downturn since the Great Depression of the 1930s. Unemployment spiked at 25 percent and GDP declined 10 percent. Which action could the Federal Reserve Bank to end the recession? Raise the discount rate Increase the reserve requirements Print more money Buy government securities
The man who tried to deposit a banana in his bank account lacked the function of money, which is "store of value."
Money has several functions, including a medium of exchange, unit of account, store of value, and standard of deferred payment. It is accepted as a means of payment in exchange for goods or services in the first function. In the second function, the prices of products and services are expressed.
In the third function, it can be kept for future transactions as an item of value, and in the fourth function, it is utilized to repay obligations, such as loans, over an extended period of time.Banks generate money by taking in deposits and issuing loans. Deposits are kept by banks, and the money is utilized to give loans.
As a result, new money is created as banks take in deposits and create loans. Money in an economy is critical for its operation. It enables people to purchase goods and services while also allowing companies to grow. Money has various functions, including serving as a medium of exchange, a unit of account, a store of value, and a standard of deferred payment.The Federal Reserve Bank, which is the central bank of the United States, is responsible for overseeing the economy's monetary policy.
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Compute the amount that can be borrowed under each of the following circumstances: (PV of S1. EV of D. PVA of $1, and EVA of S1) (Use appropriate factor(s) from the tables provided. Round your "Toble value" to 4 decimal places.) 1. A promise to repay $90.000 seven years from now at an interest rate of 6%. 2. An agreement made on February 1, 2016 , to make three separate payments of $20,000 on Fetruary 1 of 2017,2018 . and 2019 . The annual interest rate is 10%.
The answer is , the amount that was borrowed is $50,256.
How to find?Given:
PV of S1 = Present value of $1
EV of D = Future value of $1
PVA of $1 = Present value of annuity of $1
EVA of S1 = Future value of annuity of $1
The amount that can be borrowed under each of the following circumstances are:
1. Promise to repay $90.000 seven years from now at an interest rate of 6%.
Solution:
The present value of $1 at 6% interest for 7 years is 0.5584.
So, the amount borrowed is:
$90,000 × 0.5584 = $50,256.
2. An agreement made on February 1, 2016, to make three separate payments of $20,000 on February 1 of 2017, 2018, and 2019.
The annual interest rate is 10%.
How to find?
First, we need to find the present value of the agreement at February 1, 2016, which is the sum of the present value of the three $20,000 payments.
The present value of $1 at 10% interest for 1 year is 0.9091.
The present value of $1 at 10% interest for 2 years is 0.8264.
The present value of $1 at 10% interest for 3 years is 0.7513.
Present value of first payment of $20,000 = $20,000 × 0.9091
= $18,182
Present value of second payment of $20,000 = $20,000 × 0.8264
= $16,528
Present value of third payment of $20,000 = $20,000 × 0.7513
= $15,026
Present value of the agreement = $18,182 + $16,528 + $15,026
= $49,736
The amount borrowed is $49,736, which is the present value of the agreement.
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During the COVID-19 pandemic, the Australian government said China was responsible for the outbreak of the disease. The Chinese government was offended and decided to reduce the quantity of coal China imported from Australia. This resulted in a shortage of coal, needed to run energy power plants. To shield the public from the impact of the Coal Shortage (which includes high and rising energy prices), the government mandated price controls. In particular, the government froze retail prices of energy, including petrol and diesel.
a) What type of price control has China imposed, according to the information above? [2 marks]
Explain the impact of China’s price controls policy on the markets for coal, petrol, and diesel. Does the impact of the price control policy depend on the elasticity of demand and supply? Illustrate your answer with the demand and supply diagram. [5 marks]
b) Explain how China’s price controls have changed consumer surplus, producer surplus, total surplus, and the deadweight loss in the markets for coal, petrol, and diesel. [8 marks]
c) Is the outcome of China’s price control policy fair and efficient? Critically discuss. [5 marks]
According to the information provided above, the Chinese government imposed a retail price freeze of energy which included petrol and diesel.
Hence, the type of price control China has imposed is known as a price freeze or price ceiling.
This is a government-imposed limit on how high a price can be charged on a particular good or service.
The impact of China’s price controls policy on the markets for coal, petrol, and diesel is as follows:
Impact on coal market:
As the Chinese government reduced the quantity of coal China imported from Australia,
there was a shortage of coal which led to an increase in the price of coal.
However, with the implementation of price controls, the prices were maintained below the equilibrium level.
Hence, there was a decline in the quantity of coal supplied, and also, consumers' demand for coal increased leading to an increase in the quantity of coal demanded.
Impact on petrol and diesel markets:
With the imposition of price controls by the Chinese government,
the prices of petrol and diesel were maintained below the equilibrium level.
This led to an increase in the quantity of petrol and diesel demanded by the consumers and a decrease in the quantity of petrol and diesel supplied by the producers.
Yes, the impact of the price control policy depends on the elasticity of demand and supply.
The diagram below illustrates the effect of the price controls on the coal, petrol, and diesel markets.
The imposition of price controls by the Chinese government has changed the consumer surplus, producer surplus, total surplus,
and the deadweight loss in the markets for coal, petrol, and diesel as follows:
Coal market:
The imposition of price controls has resulted in a shortage of coal which increased the price of coal,
but the prices were maintained below the equilibrium level.
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In one of the videos you watched, a lawyer described the employment legal framework of as being a "prramid" (consisting of national employment standards, modem awards, enterpeise agreements), Germany Farce Gins Nustratio
In one of the videos I watched, a lawyer described the employment legal framework of Australia as being a pyramid, consisting of national employment standards, modern awards, and enterprise agreements. This pyramid analogy illustrates how each layer of the employment legal framework in Australia builds upon the previous one, creating a comprehensive and cohesive structure to protect workers and their rights.
The foundation of this pyramid is the National Employment Standards (NES), which are minimum standards that apply to all employees in Australia. The NES includes provisions such as maximum weekly working hours, annual leave entitlements, and parental leave rights, among others. These standards cannot be undermined or traded away through modern awards or enterprise agreements.
The next level of the pyramid is modern awards, which are industry or occupation-specific standards that provide additional entitlements and conditions above the NES. These awards are determined by the Fair Work Commission and are mandatory for employers to follow. Modern awards cover a wide range of industries and occupations, from hospitality to healthcare and everything in between.
Finally, the top level of the pyramid is enterprise agreements. These are agreements made between employers and employees, or between employers and their representatives, that set out specific terms and conditions of employment. Enterprise agreements can provide for entitlements and conditions that are more favourable than the NES and modern awards, but they must still meet or exceed the minimum standards.
Overall, the employment legal framework in Australia provides a comprehensive and robust system to protect workers' rights and ensure they receive fair treatment in the workplace. The pyramid analogy helps to explain how each layer of the framework builds upon the previous one to create a cohesive and effective system for employees and employers alike.
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Laylow Limited is a property investment company in Durban. It specialises in commercial letting of property including corporate buildings, flats and retail shopping outlets. During the recent civil unrest, one of the commercial properties owned by Laylow Limited was destroyed. ArtFood Limited, rented this property directly from Laylow Limited for the last 40 years thus Laylow Limited has had an excellent relationship with them. The building Laylow Limited is currently occupying, is owned by Laylow Limited) and used by them as admin offices. The building has a large first floor and ample parking which will be ideally suited to ArtFood Limited.
Laylow Limited has another vacant property which is ideally suited to Laylow Limited to use as their admin building and have been wanting to move the offices for the last few months. Laylow Limited has seen this as an ideal opportunity to move their admin offices from the building and
then rent the building out to ArtFood Limited. ArtFood Limited was extremely grateful for this offer and has taken the offer up from the 1st of July 2020.
The following details relate to the building that Laylow Limited was occupying and will now be let to ArtFood Limited.
- Purchased for R1 500 000 on the 1 January 2019 (useful life 50 years)
- Fair Value of the building R1 550 000 30 June 2020
- Fair Value R1 490 000 31 December 2020
During the year, Laylow Limited spent the following amounts on another investment property they own which consists of a block of flats:
- R25 000 to replace on the globes in the building which blew during a power surge after loadshedding – 31 August 2020
- R350 000 to build an extra floor on the rooftop to rent out as a penthouse under an operating lease – 30 September 2020
- Damages to the lift system from the loadshedding – the lift system was quite outdated and therefore cannot be repaired. The lift system had to be replaced at a cost of R85 000. The FV of the damaged lift was R7 000. – 30 September 2020
Laylow Limited uses cost model to measure Property, Plant & Equipment and the Fair Value model to measure Investment Property. Laylow Limited has a 31st December year end.
Required:
1. What is difference between an Investment Property & an Owner-Occupied Property (Tip – provide the definition of each type to determine the difference) (5)
2. When will transfers in and out of Investment property occur (list the criteria for a transfer to take place)? (3)
3. Prepare the journal entries in the books of Laylow Limited for the year ended 31st December 2020 for all the transactions as noted above.
Please include
Investment Property is defined as Property held by the owner or by the lessee under a finance lease to earn rentals or for capital appreciation or both.
Owner-Occupied Property is defined as Property held by the owner or by the lessee under a finance lease to use in the production or supply of goods or services or for administrative purposes.
The difference between the two is that Investment Property is held to earn rentals or for capital appreciation whereas Owner-Occupied
Property is held for use in the production or supply of goods or services or for administrative purposes.
Transfers in and out of Investment Property occur when there is a change in use or intention.
The criteria for a transfer to take place are:
a change in use;
a change in the purpose for which the property is held;
a change in the nature of the property's use or income-producing ability.
Journal entries in the books of Laylow Limited for the year ended 31st December 2020 for all the transactions as noted above:
To record the purchase of building on 1 January 2019:
Debit Building for R1,500,000 and Credit Cash for R1,500,000.
To record the increase in the fair value of the building:
Debit Building for R50,000 and Credit Fair value gain for R50,000.
To record the decrease in the fair value of the building:
Debit Fair value loss for R60,000 and Credit Building for R60,000.
To record the replacement of the globes in the building:
Debit Repairs and maintenance for R25,000 and Credit Cash for R25,000.
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On January 1, 2020, Doone Corporation acquired 60 percent of the outstanding voting stock of Rockne Company for $564,000 consideration. At the acquisition date, the fair value of the 40 percent noncontrolling interest was $376,000, and Rockne's assets and liabilities had a collective net fair value of $940,000. Doone uses the equity method in its internal records to account for its investment in Rockne. Rockne reports net income of $360,000 in 2021 , Since being acquired, Rockne has rogularly supplied inventory to Doone at 25 percent more than cost. Sales to Doone amounted to $420,000 in 2020 and $520,000 in 2021 . Approximately 35 percent of the inventory purchased during any one year is not used until the following year. a. What is the noncontrolling interest's share of Rockne's 2021 income? b. Prepare Doone's 2021 consolidation entries required by the intra- entity inventory transfers, Complete this question by entering your answers in the tabs below. What is the noncontrolling interest's share of Rockne's 2021 income?
a) The noncontrolling interest's share of Rockne's 2021 income is $234,000. Here's how to calculate it:Income attributable to the noncontrolling interest = [Rockne's net income for the year × Noncontrolling interest percentage] Income attributable to the noncontrolling interest = [$360,000 × 40%] = $144,000Noncontrolling interest's share of inventory profit = [Sales to Doone × Mark-up on inventory × Noncontrolling interest percentage] Noncontrolling interest's share of inventory profit = [(420,000 + 520,000) × 25% × 40%] = $52,000.
Therefore, Noncontrolling interest's share of Rockne's 2021 income = $144,000 + $52,000 = $196,000b) The consolidation entries are given below Adjustment Entry for Inventories (2021):DateAccountsDebitCreditDec. 31, 2021Inventory (Rockne)1,05,000Consolidated Retained Earnings1,05,000To eliminate unrealized profit in inventory ($140,000 × 35%):[(420,000 + 520,000) × 25% × 35%] = $36,750 Workpaper Elimination Entry (2021)
DateAccountsDebitCreditDec. 31, 2021Investment in Rockne3,30,000Noncontrolling Interest in Rockne's Net Assets1,40,000Consolidated Retained Earnings1,90,000To eliminate investment in subsidiary and noncontrolling interest in subsidiary's net assets:Investment in Rockne = $564,000 Noncontrolling interest in Rockne's net assets = 40% × $376,000 = $150,400 Difference ($564,000 – $150,400) = $413,600To record equity in Rockne's net income
Equity in Rockne's net income = 60% × $360,000 = $216,000Consolidated Retained Earnings = $196,000 Elimination of Intercompany Sales (2021):DateAccountsDebitCreditDec. 31, 2021Sales (Rockne)9,52,500Cost of Goods Sold (Rockne)7,62,000Consolidated Inventory (Rockne)1,90,500To eliminate unrealized profit on intercompany sales:Sales to Doone in 2021 = $520,000 Cost of goods sold for those sales = Cost of goods sold plus unrealized profit = $420,000 + $140,000 = $560,000 Unrealized profit = $560,000 – $520,000 = $40,000
Unrealized profit to be eliminated in 2021 = $40,000 × 60% = $24,000Therefore, the consolidation entries required by the intra-entity inventory transfers are as follows:Adjustment Entry for Inventories (2021).
Debit Inventory (Rockne) for $1,05,000 and credit Consolidated Retained Earnings for $1,05,000 to eliminate unrealized profit in inventory ($140,000 × 35%):[(420,000 + 520,000) × 25% × 35%] = $36,750.Workpaper Elimination Entry (2021): Debit Investment in Rockne for $3,30,000, credit Noncontrolling Interest in Rockne's Net Assets for $1,40,000, and credit Consolidated Retained Earnings for $1,90,000.
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which of the following transactions can be effected on margin? i the purchase of a mutual fund ii the purchase of a closed-end fund iii the long sale of stock iv the short sale of stock
The main answer is: iii) The long sale of stock. iv) The short sale of stock.
Margin trading allows investors to borrow funds from a broker to purchase or sell securities. The long sale of stock involves selling securities that the investor already owns, and the short sale of stock involves selling securities that the investor borrows from a broker. Both of these transactions can be executed on margin because they involve the buying or selling of stocks, with the potential to leverage borrowed funds to amplify potential gains or losses. On the other hand, the purchase of mutual funds and closed-end funds typically does not involve borrowing on margin, as these investments are structured differently and don't require the use of margin accounts.
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a marketing blank______ allows a manager to glance at a graph or table and make an informed decision whether to take action regarding organizational objectives.
A marketing dashboard allows a manager to glance at a graph or table and make an informed decision about whether to take action regarding organizational objectives.
A marketing dashboard is a visual representation of key marketing metrics and performance indicators in the form of graphs, charts, and tables. It provides a concise and easily digestible overview of the marketing data and allows managers to quickly assess the performance of various marketing initiatives. By presenting important information in a visually appealing and easily understandable format, a marketing dashboard enables managers to make informed decisions and take appropriate actions to achieve organizational objectives. It eliminates the need to sift through complex data and allows for quick identification of trends, patterns, and areas that require attention or improvement. The convenience and accessibility of a marketing dashboard make it a valuable tool for managers to monitor marketing performance and make timely decisions.
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Owen holds XYZ stock. The stock recently increased in value by 50%. He would like to preserve as much of this gain as possible and retain the potential for additional price increases. Which strategy best meets Owen's goal?
A) Buy a call option
B) Write a call option
C) Buy a put option
D) Short the stock
To preserve as much of the gain as possible and retain the potential for additional price increases, Owen can buy a put option. Here's why:
Buying a put option gives Owen the right, but not the obligation, to sell his XYZ stock at a predetermined price (known as the strike price) within a specific time frame (known as the expiration date). If Owen buys a put option, he can set the strike price at a level that is higher than the current market price of the stock. This allows him to sell the stock at a higher price if the stock's value drops below the strike price.By buying a put option, Owen is protecting himself from potential losses if the stock price decreases. If the stock price does drop, he can exercise the put option and sell the stock at the higher strike price, thereby preserving his gain. At the same time, Owen retains the potential for additional price increases. If the stock price continues to rise, he can choose not to exercise the put option and continue holding the stock, benefiting from any further price appreciation.
Buying a call option would give Owen the right to buy more XYZ stock at a predetermined price within a specific time frame. This strategy would not help him preserve the gain or retain the potential for additional price increases.Writing a call option involves selling a call option to someone else. This strategy is more suitable for investors who believe the stock price will not rise significantly, as it obligates Owen to sell the stock at the predetermined price if the option is exercised.Shorting the stock involves selling borrowed shares with the expectation that the stock price will decrease. While this strategy can potentially generate profits if the stock price drops, it does not align with Owen's goal of preserving the gain and retaining the potential for additional price increases.
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Suppose that the wages competitive frms must pay to their workers increase. Which of the following statements is TRUE? The firms' marginal costs will rise The market supply curve will shift left and price will rise In the iong run firms will be making zero economic profits All of the above are true
If the wages competitive firms must pay to their workers increase, the statement that is true is "All of the above are true" .Explanation :When the wages competitive firms must pay to their workers increase.
It will result in an increase in their marginal costs as well. This happens because with the increase in wages, firms have to pay more money per unit of output produced, which increases the cost of producing that unit and thus, raises the marginal cost of production.The market supply curve will shift left and the price will rise.
This is because when wages increase, firms have to pay more money per unit of output produced, which means that the cost of production has gone up. Thus, they will have to raise prices in order to maintain their profit margins.In the long run, firms will be making zero economic profits. This happens because when wages increase, the cost of production increases as well.
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Firms can form a cartel in order to have dominance in the market situation. Discuss the effects and implications of Cournot's model in the decision of firms with respect to price and output. Diagram is essential.
Cartel is a term used to describe an organization of producers that regulate the production, price, and distribution of goods and services. The purpose of creating a cartel is to eliminate competition in the market, allowing the members to charge higher prices and make more profits.
1. Price increase: The first effect of a cartel is that it raises prices above what they would be in a competitive market. This increase in price allows the members of the cartel to make more profits.
2. Reduction in output: Cartels also reduce output, which means there are fewer goods and services available in the market. This reduction in output is one way the members maintain higher prices.
3. Illegal: Cartels are illegal in many countries because they eliminate competition and prevent other firms from entering the market.
4. Unequal benefits: Cartels tend to benefit the larger members more than the smaller ones.
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lewisn force field anaylis sees permanent change frozen into place
true or false
The given statement "lewisn force field anaylis sees permanent change frozen into place" is false.Lewin's Force Field Analysis is a change management technique that aids in the identification of factors that either promote or hinder change.
It is founded on the concept that an organization is a dynamic system made up of numerous interrelated elements, and any change in one of these components will have an impact on the others.A force field analysis is a tool for identifying the forces that promote or inhibit change. Lewin's model's primary aim is to determine the driving and restraining factors that impact the change's success. These opposing forces may either promote or impede change, and the change will not occur until the positive forces exceed the negative ones. Therefore, the notion of permanent change being frozen into place is incorrect, making the statement false.
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picture yourself moving out on your own or maybe with a roommate, working your first full-time job. list at least four people or companies you might want to pay regularly by using online bill pay.
When you move out on your own, you'll be required to pay your bills on a regular basis, and online bill pay makes it easy to manage your bills.
You can easily pay bills online using a bank or credit card's website. Following are four people or companies you might want to pay regularly by using online bill pay when moving out on your own or with a roommate, Electricity Company Gas Company Water Company Phone or Internet Provider.
More than 2000 banks offer free online bill payment services, which enable you to schedule recurring payments or make payments on a one-time basis. Online bill pay eliminates the need for writing and mailing paper checks. You can simply add your billing information to your account and schedule a payment for that account.
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A bond pays a coupon interest rate of 7.5 percent. The market rate on similar bonds is 8.4 percent. The bond will sell at. par a discount book value a premium
A bond pays a coupon interest rate of 7.5 percent. The market rate on similar bonds is 8.4 percent. The bond will sell at a discount. This is because the market rate is higher than the coupon interest rate. When the market rate is higher than the coupon rate, the bond will sell at a discount.
The reason behind this is that the investors can invest their money at a higher rate elsewhere. As a result, they demand a discount on the bond. A bond will sell at par value if the coupon interest rate is equal to the market rate. In this case, the investors demand neither a discount nor a premium, and the bond sells at its face value.
If the coupon interest rate is higher than the market rate, the bond will sell at a premium. This is because the investors want to invest in the bond to get a higher rate of return. When the bond sells at a premium, it means the investors are willing to pay more than the face value of the bond.
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The formulation of the Organic Greenhouses problem and its graph is shown. Let P be the number of acres of peppers planted. Let T be the number of acres of tomatoes planted. Max: 30,000 P + 40,000 T st. 1P+1T 12 Land 1.5P+3T < 30 Labor IP 6 Max Acres of Pepper PT > 0 Non-negativity P a (Montreal P B Pax Pespe) AAN +3T - 30 Labor P+1T 6 (lard T> Noregi 1 2 3 4 5 6 7 9 11 13 1 5 17 18 19 20 21 Acres of Rappen a. What is the value of the objective function for each of the extreme points? (0,0) (0,10) (4,8) (6,6) (6,0) b. What is the optimal solution?
The optimal solution for the Organic Greenhouses problem is to plant 4 acres of peppers and 8 acres of tomatoes, which results in a maximum objective function value of $720,000.
a. To find the value of the objective function for each extreme point, we substitute the values of P and T into the objective function equation.
(0,0):
Objective function value = 30,000(0) + 40,000(0) = 0
(0,10):
Objective function value = 30,000(0) + 40,000(10) = 400,000
(4,8):
Objective function value = 30,000(4) + 40,000(8) = 720,000
(6,6):
Objective function value = 30,000(6) + 40,000(6) = 600,000
(6,0):
Objective function value = 30,000(6) + 40,000(0) = 180,000
b. The optimal solution is the one that maximizes the objective function. From the given extreme points, the solution (4,8) provides the highest objective function value of 720,000. Therefore, the optimal solution is to plant 4 acres of peppers and 8 acres of tomatoes.
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--The given question is incomplete, the complete question is given below " The formulation of the Organic Greenhouses problem and its graph is shown. Let P be the number of acres of peppers planted. Let T be the number of acres of tomatoes planted. Max: 30,000 P + 40,000 T st. 1P+1T 12 Land 1.5P+3T < 30 Labor IP 6 Max Acres of Pepper PT > 0 Non-negativity P a (Montreal P B Pax Pespe) AAN +3T - 30 Labor P+1T 6 (lard T> Noregi 1 2 3 4 5 6 7 9 11 13 1 5 17 18 19 20 21 Acres of Rappen a. What is the value of the objective function for each of the extreme points? (0,0) (0,10) (4,8) (6,6) (6,0) b. What is the optimal solution? "--
You are a risk-averse mean-variance investor with a risk aversion parameter A = 4. You are currently holding a portfolio with a mean return of 9% and return volatility of 15%. What average return would you need to be offered to be willing to accept a portfolio with a 25% standard deviation?
Group of answer choices
9.0%
15.0%
25.0%
17.0%
As a risk-averse mean-variance investor with a risk aversion parameter A = 4, the individual holds a portfolio with a mean return of 9% and return volatility of 15%. In addition, the investor needs to determine what average return they require to be offered to accept a portfolio with a 25% standard deviation.
In finance, the mean-variance analysis is a statistical methodology that helps investors minimize their risk while achieving a certain level of returns.
= Rf + (E(Rm) - Rf) / σm * σp`.Where, E(Rp)
= Expected Return of the Portfolio Rf
= Risk-Free Rate E(Rm)
= Expected Return of the Market Portfolioσm
= Standard Deviation of the Market Portfolioσp
standard deviation can be calculated as follows: `E(Rp)
= 0.02 + (0.09 - 0.02) / (15 / 25)`.By solving the above equation, we get `
E(Rp) = 0.17` or 17%. Therefore, the average return required for the investor to be willing to accept a portfolio with a 25% standard deviation is 17%.
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As foreign markets took on greater importance in the 21st century, Hollywood has begun to cater more to them. Big budget films that are deemed to be too U.S.-centric are rarely produced. Scripts that have universal appeal are developed. Foreign actors are cast in leading roles. On occasion, scenes and actors who have local appeal for large markets, such as China, are inserted into "export" editions. (Total: 6 points)
Q.1 What kind of global strategy is Hollywood employing? (2points)
Q.2 What are the characteristics of such a strategy? Q.3 What are the benefits and risks of such a strategy?
Hollywood is employing a global strategy. The characteristics of this strategy include creating big budget films that have universal appeal. Foreign actors are often cast in leading roles to help cater to foreign markets. Scripts are also developed with the idea of having a universal appeal, rather than being too U.S.-centric.
Benefits: This strategy has several benefits for Hollywood. By catering to foreign markets, Hollywood is able to expand its reach and potentially increase profits. This also allows Hollywood to tap into new markets, which can help to sustain its growth.
Risks: While there are benefits to this strategy, there are also risks. By catering to foreign markets, Hollywood runs the risk of alienating its domestic audience. If films are no longer produced that appeal to U.S. audiences, Hollywood could see a decline in popularity and profits. Additionally, there is a risk that foreign markets may not be as receptive to Hollywood films as hoped.
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in striving for popularity, the television producers often adopted the strategy of least objectionable programming, whereby programs are intended to avoid .
In striving for popularity, television producers often adopted the strategy of least objectionable programming, whereby programs are intended to avoid controversy and remain politically bland.
A collection of people who have similar thoughts and ideals together form an ideology. In media studies, we primarily concentrate on cultural beliefs, such as how gender, race, and social class are represented. Some detractors contend that the stories and messages presented by the mass media are only a mirror of society.
Despite the fact that sometimes we may not be aware of it, media texts usually represent particular beliefs or ideologies. An illustration would be that using force to resolve conflicts is viewed as a good principle and represents a certain ideology in some literature, such as action movies like Die Hard or the Lethal Weapon series.
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A market with free entry, and many firms selling virtually similar products would best be characterized as which of the following?
[ Select ] ["Undifferentiated oligopoly", "Perfect competition", "Monopolistic competition", "Monopoly"]
A market with free entry, and many firms selling differentiated products would best be characterized as which of the following?
[ Select ] ["Perfect competition", "Undifferentiated oligopoly", "Monopolistic competition", "Monopoly"]
When a market has free entry, and there are numerous firms selling virtually similar products, then it can be characterized as a monopolistic competition.
Such a market structure is characterized by a large number of firms producing and selling products that are somewhat differentiated. The firms can control the prices of their products to some extent, but they are still price-takers.
A monopolistic competition can be characterized by the following features : Many firms: This market structure has many firms that produce and sell products, so no one firm can dominate the market.
Product differentiation: Firms can differentiate their products by branding or marketing them differently than their competitors.
This market structure is similar to perfect competition, but the firms are selling differentiated products that can be branded or marketed differently than their competitors. In this market, firms can charge slightly different prices based on product differentiation and branding.
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