Answer:
Pillar 1 – Vulnerability. ...
Pillar 2 – Management Culture. ...
Pillar 3 – Procurement. ...
Pillar 4 – Operations. ...
Pillar 5 – Demand & Visibility.
Explanation:
hope it's helpful to you
Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WCS12 are as follows: Oct. 1 Inventory 320 units at $10 13 Sale 180 units 22 Purchase 360 units at $12 29 Sale 300 units a. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase. Round your answer to two decimal places. $ per unit b. Assuming a perpetual inventory system and using the weighted average method, determine the cost of goods sold on October 29. Round your "average unit cost" to two decimal places. $ c. Assuming a perpetual inventory system and using the weighted average method, determine the inventory on October 31. Round your "average unit cost" to two decimal places. $ PreviousNext
a. To calculate the weighted average unit cost after the October 22 purchase, we need to calculate the cost of the goods available for sale and divide it by the total number of units available for sale.
First, let's calculate the cost of the goods available for sale:
Oct. 1 inventory: 320 units x $10 = $3,200
Oct. 22 purchase: 360 units x $12 = $4,320
Total cost of goods available for sale: $3,200 + $4,320 = $7,520
Next, let's calculate the total number of units available for sale:
Beginning inventory: 320 units
Oct. 22 purchase: 360 units
Total units available for sale: 320 units + 360 units = 680 units
Finally, we can calculate the weighted average unit cost:
Weighted average unit cost = Cost of goods available for sale / Total units available for sale
= $7,520 / 680 units
= $11.06 per unit (rounded to two decimal places)
Therefore, the weighted average unit cost after the October 22 purchase is $11.06 per unit.
b. To determine the cost of goods sold on October 29, we need to multiply the number of units sold by the weighted average unit cost.
From the information given, 180 units were sold on October 13 and 300 units were sold on October 29, for a total of 480 units sold.
Using the weighted average unit cost calculated in part (a), we have:
Cost of goods sold = 480 units x $11.06 per unit
= $5,308.80 (rounded to two decimal places)
Therefore, the cost of goods sold on October 29 is $5,308.80.
c. To determine the inventory on October 31, we need to subtract the number of units sold from the total units available for sale and then multiply that by the weighted average unit cost.
From the information given, 180 units were sold on October 13 and 300 units were sold on October 29, for a total of 480 units sold.
Total units available for sale: 680 units
Units sold: 480 units
Units in inventory on October 31: 680 units - 480 units = 200 units
Using the weighted average unit cost calculated in part (a), we have:
Inventory on October 31 = 200 units x $11.06 per unit
= $2,212 (rounded to two decimal places)
Therefore, the inventory on October 31 is $2,212.
A cellular company purchased $28,800 in cell phones on September 25. The terms of sale were 4/20, 3/30, n/60. Freight terms were F.O.B. destination. Returned goods amounted to $650.
(a)
What is the net amount due (in $) if the cellular company sends the manufacturer a partial payment of $4,000 on October 20? (Round your answer to the nearest cent.)
$
To calculate the net amount due, we need to deduct the partial payment and any returns from the total amount of the purchase.
Given:
Purchase amount: $28,800
Returned goods: $650
Partial payment: $4,000
Net amount due = Purchase amount - Returned goods - Partial payment
Net amount due = $28,800 - $650 - $4,000
Net amount due = $28,150 - $4,000
Net amount due = $24,150
Therefore, the net amount due, after deducting the partial payment, is $24,150.
Learn more about net amount due at:
https://brainly.com/question/30807454
#SPJ1
Q.2(a) Old and New are in partnership, practising as Chartered Accountants under the name and style
Old new & Co.,sharing profits in the manner stated below. They close their accounts on 31st March.
The following was their Balance Sheet as on 31st March, 2019
A balance sheet, also referred to as a statement of financial position or a statement of financial condition in financial accounting, is a summary of the financial standing of a person or an organization.
Including a corporation, private limited company, sole proprietorship, business partnership, government agency, or not-for-profit organization. As of a particular date, such as the conclusion of its financial year, assets, liabilities, and ownership equity are mentioned.
The "snapshot of a company's financial condition" that is a balance sheet is a common description. It is a summary of all of an organization's financial statements. The balance sheet is the only one of the four fundamental financial statements that only pertains to one specific moment in time on a company's calendar.
Learn more about the balance sheet here:
https://brainly.com/question/26323001
#SPJ1
Select the correct answer from each drop down menu Benny has written the following rough draft for school choose the correct way to complete each sentence an agency law is a contract for an ___ who acts on behalf of a company government or an individual called the ___ the relationship formed due to the contract between an agent and the principle is called in ____ relationship
An agency law is a contract for an agent who acts on behalf of a company, government, or an individual called the principal. The relationship formed due to the contract between an agent and the principle is called an agency relationship.
In an agency relationship, the agent acts on behalf of the principal with their authority. The agency relationship can be created through express agreement, implied agreement, or by ratification. Express agreement is when both parties clearly express their intention to enter into an agency relationship. Implied agreement is when the actions of both parties indicate that they have an agency relationship.
Ratification is when the principal accepts the actions of an individual as their agent, even if they did not originally intend to create an agency relationship. In an agency relationship, the agent has a fiduciary duty to act in the best interests of the principal. This duty includes loyalty, obedience, and disclosure of information.
Overall, an agency relationship is an important legal concept that allows individuals or companies to act on behalf of others. Understanding the responsibilities and duties of both parties in an agency relationship is crucial to ensuring a successful partnership.
For more such questions on agency
https://brainly.com/question/31939870
#SPJ11
4. Jackson is starting a folk instrument store and is just starting to learn about marketing. Discuss the importance of the 7 Ps of the marketing mix to Jackson (product, price, promotion, place, packaging, positioning, people) Then describe the factors that he should evaluate before starting a promotion: source, message, media, and budget. Provide examples of each factor.
Before starting the promotion, Jackson should evaluate the main factors as Source, Message, Media, and Budget.
As Jackson starts his folk instrument store, it is essential that he understands the importance of the 7 Ps of the marketing mix
The product is the core of the marketing mix. Jackson must have a clear understanding of his target audience and their needs to offer them the best possible product. For example, he can offer a variety of folk instruments, ranging from guitars, mandolins, banjos, and other traditional instruments.
The price should reflect the value of the product and be competitive in the market. Jackson can research his competitors' pricing and offer a competitive price.
Promotion involves communicating with potential customers about the product's features and benefits. Jackson can use social media platforms, targeted email campaigns, and flyers to promote his store.
Place is the distribution channel through which customers can access the product. Jackson can consider online selling platforms or a physical store location.
Packaging is the visual representation of the product and plays a significant role in attracting customers. Jackson can create packaging that reflects the authenticity of folk music and instruments.
Positioning is the unique selling proposition of the product that sets it apart from the competition. Jackson can position his store as a one-stop-shop for all folk instrument enthusiasts.
People refer to the staff and employees who interact with customers. Jackson can hire knowledgeable staff who can provide valuable insights and advice to customers.
Before starting a promotion, Jackson should evaluate the following factors
The source of the message is essential, as it should be trustworthy and credible. Jackson can use customer reviews or endorsements from musicians to create credibility.
The message should be clear, concise, and communicate the product's benefits. For example, Jackson can highlight the quality of his products, the variety he offers, and the expertise of his staff.
The media channels through which Jackson promotes his store should be relevant to his target audience. For example, he can use social media platforms to target younger customers interested in folk music.
Jackson should have a clear idea of the budget allocated for promotions. He can consider cost-effective options like email campaigns and social media promotions to maximize his budget.
In summary, as Jackson starts his folk instrument store, it is crucial that he understands the 7 Ps of the marketing mix and evaluates the source, message, media, and budget factors before starting a promotion. By doing so, Jackson can ensure that he reaches his target audience effectively and communicates the value of his products and services.
To know more about promotion here
https://brainly.com/question/31997571
#SPJ1
The Town of Quincy’s fiscal year ends on June 30. The following data relate to the property tax levy for the fiscal year ended June 30, 2012. Prepare journal entries for each of the dates as indicated.
a. The balance in deferred property tax revenue was $182,000 at the end of the previous year. This was recognized as revenue in the current year in a reversing journal entry.
b. On July 1, 2011, property taxes in the amount of $10,000,000 were levied. It was estimated that 3 percent would be uncollectible. The property taxes were intended to finance the expenditures for the year ended June 30, 2012.
c. October 31, $4,600,000 in property taxes were collected.
d. December 31, $4,800,000 in additional property taxes were collected.
e. Receivables totaling $12,000 were deemed to be uncollectible and written off.
f. On June 30, $175,000, was transferred from Revenues Control to Deferred Revenues, because it was not expected to be collected within 60 days.
The Town of Quincy’s fiscal year ends on June 30. Prepare journal entries for each of the dates as indicated.
a. Reversing entry to recognize deferred property tax revenue:
Deferred Property Tax Revenue $182,000
Property Tax Revenue $182,000
b. Entry to record property taxes levied:
Property Tax Receivable $9,700,000
Allowance for Uncollectible Taxes $300,000
Property Tax Revenue $10,000,000
c. Entry to record property taxes:
Cash $4,600,000
Property Tax Receivable $4,600,000
d. Entry to record property taxes collected on December 31:
Cash $4,800,000
Property Tax Receivable $4,800,000
e. Entry to write off uncollectible receivables:
Allowance for Uncollectible Taxes $12,000
Property Tax Receivable $12,000
f. Entry to transfer uncollected taxes to deferred revenues:
Revenues Control $175,000
Deferred Revenues $175,000
As a result, the significance of the Town of Quincy’s fiscal year ends on June 30 are the aforementioned.
Learn more about on journal entry, here:
https://brainly.com/question/20421012
#SPJ1
Three years ago, Cornelius Matthews purchased 500 shares in the Vanguard Dividend Growth fund - a Morningstar five-star fund that invests in corporations that are currently paying dividends and is a fund that will provide a steady stream of dividend income. His rationale fort choosing this fund was that he wanted a fund that was conservative and highly rated. Each share in the fund cost $22. At the end of the three years, he received income dividends and capital gain distributions that total $3.62 a share for the three-year period. At the end of the three years, the shares in the fund were selling for $27.
How much did Mr. Matthews invest in this fund?
A$11,000
B$13,500
C$5.14
D$3.62
Mr. Matthews' investment in the Vanguard Dividend Growth fund was (A) $11,000
To determine how much Mr. Matthews invested in the Vanguard Dividend Growth fund, we need to calculate the cost of the initial investment of 500 shares at $22 per share:
500 shares x $22 per share = $11,000
Therefore, Mr. Matthews invested $11,000 in the fund.
We are also told that Mr. Matthews received income dividends and capital gain distributions that total $3.62 per share for the three-year period. To determine the total amount of dividends and distributions received, we can multiply $3.62 per share by 500 shares and by 3 years:
$3.62 per share x 500 shares x 3 years = $5,430
Therefore, Mr. Matthews received $5,430 in income dividends and capital gain distributions over the three-year period.
Finally, we are told that the shares in the fund were selling for $27 at the end of the three years. To determine the value of Mr. Matthews' investment at the end of the three years, we can multiply the current share price by the number of shares he owns:
500 shares x $27 per share = $13,500
Therefore, Mr. Matthews' investment in the Vanguard Dividend Growth fund was $11,000, and the value of his investment at the end of the three years was $13,500.
For more such question on investment
https://brainly.com/question/1305349
#SPJ11
Perpetual Inventory Using Weighted Average
Beginning inventory, purchases, and sales for WCS12 are as follows:
Oct. 1 Inventory 320 units at $10
13 Sale 180 units
22 Purchase 360 units at $12
29 Sale 300 units
a. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase. Round your answer to two decimal places.
$fill in the blank 1 per unit
b. Assuming a perpetual inventory system and using the weighted average method, determine the cost of goods sold on October 29. Round your "average unit cost" to two decimal places.
$fill in the blank 2
c. Assuming a perpetual inventory system and using the weighted average method, determine the inventory on October 31. Round your "average unit cost" to two decimal places.
$fill in the blank 3
a. The weighted average unit cost after the October 22 purchase is $11.06.
b. The cost of goods sold on October 29 is approximately $3,318.
c. The inventory on October 31 is valued at approximately $2,212.
a. To determine the weighted average unit cost after the October 22 purchase, we need to calculate the weighted average cost per unit.
Beginning inventory: 320 units at $10 = $3,200
Purchase on October 22: 360 units at $12 = $4,320
Total units: 320 + 360 = 680 units
Total cost: $3,200 + $4,320 = $7,520
Weighted average unit cost = Total cost / Total units
Weighted average unit cost = $7,520 / 680 units ≈ $11.06
b. To calculate the cost of goods sold on October 29, we need to determine the number of units sold and multiply it by the average unit cost.
Units sold on October 29: 300 units
Cost of goods sold = Units sold × Average unit cost
Cost of goods sold = 300 units × $11.06 ≈ $3,318
c. To determine the inventory on October 31, we need to subtract the units sold from the total units available and calculate the value based on the average unit cost.
Total units available: 680 units
Units sold: 180 + 300 = 480 units
Remaining inventory: 680 units - 480 units = 200 units
Inventory value = Remaining inventory × Average unit cost
Inventory value = 200 units × $11.06 ≈ $2,212
To learn more about inventory follow the link:
https://brainly.com/question/14184995
#SPJ1
NEED HELP ASAP!!!
Imagine that you volunteer at an after school program that's seen an increase in bullying among the third grade boys. You're tasked to design a "Good Citizen" project that helps these students understand how to treat one another. What will you design? How will you help these young men learn how to treat one another? Use the space below to jot down your program ideas in preparation for sharing with the class.
Title: "Building a Respectful Community"
Objective:To foster a culture of empathy, respect, and kindness among third-grade boys, addressing the issue of increased bullying in the after-school program.
Program Design:
Introduction and Icebreaker Activities:
Begin with a warm welcome and create a positive atmosphere.
Conduct icebreaker activities to encourage bonding and familiarity among the boys.
Group Discussions:
Facilitate open discussions about the importance of treating others with respect.
Encourage boys to share their experiences, feelings, and perspectives on bullying.
Highlight the negative consequences of bullying on individuals and the community.
Empathy Building:
Introduce the concept of empathy and its role in creating a harmonious environment.
Engage boys in activities that promote understanding and compassion for others.
Encourage them to put themselves in others' shoes and consider different perspectives.
Role-Playing Scenarios:
Create various bullying scenarios and divide the boys into groups.
Assign roles and ask them to act out different scenarios, focusing on positive solutions.
Allow them to explore strategies for intervention, empathy, and conflict resolution.
Mentorship and Buddy System:
Pair older students or volunteers as mentors for each third-grade boy.
Encourage regular interaction and support between mentors and mentees.
Mentors can provide guidance, reinforce positive behavior, and be a role model for good citizenship.
Art and Creative Expression
Provide opportunities for artistic expression through drawing, painting, or writing.
Encourage boys to create artwork that promotes kindness, respect, and inclusivity.
Display their creations around the program space as a reminder of their commitment.
Guest Speakers:
Invite community leaders, school counselors, or local police officers to share insights on respect, empathy, and the importance of a positive community.
Engage the boys in interactive sessions, allowing them to ask questions and learn from the experiences of others.
Community Service Project:
Organize a community service activity, such as a neighborhood cleanup or assisting a local charity.
Collaborating on a project for the greater good promotes teamwork, empathy, and a sense of responsibility.
Celebration and Recognition:
Acknowledge and celebrate the boys' progress and positive actions throughout the program.
Host a "Good Citizen" ceremony, where each boy receives a certificate of recognition.
Encourage parents and families to attend and witness their children's growth.
Remember to adapt the program to suit the specific needs and dynamics of the after-school program. Regular evaluations and feedback from the boys, their parents, and the program staff can help make necessary adjustments and improvements.
For more such questions on Building a Respectful community
https://brainly.com/question/30478124
#SPJ11
1.Explain the importance of the factors influencing the image of a business and describe methods for improving a company’s image.
Value your employees and establish a healthy company culture methods for improving a company’s image. The answer is OPTION B.
A good brand image can help your organization gain credibility and consumer loyalty. Customers will begin to trust a brand when it is known for delivering on its promises. This can improve client retention and frequency of return.
Sharpness is the most significant single image quality characteristic since it influences how much detail an image can convey. A good brand name and logo/image assist in keeping your organization in the minds of potential customers.
If a customer is pleased with your products or services, a strong brand helps to promote customer loyalty throughout your organization. People prefer to associate themselves with "good" businesses.
To learn more about organization, click here.
https://brainly.com/question/29766744
#SPJ1
The question is incomplete complete question is given below
A. Define your brand
B. Value your employees and establish a healthy company culture.
C. Implicitly express your company values.
D. Bring value to your clients.
A marketing plan includes this marketing objective: "Create positive feelings
about our brand." What is the main problem with this objective?
OA. It doesn't name the target market.
OB. It is not specific and measurable.
C. It is not something the marketer can achieve.
D. It does not meet legal requirements.
The main problem with the marketing objective "Create positive feelings about our brand" is that it is not specific and measurable . While creating positive feelings about the brand may be a desirable outcome, it is difficult to quantify and track progress towards this goal without specific metrics. Additionally, without defining a target market or audience, it is unclear who the objective is aimed at, which can make it harder to create a successful campaign and achieve the desired results.
Match each of the study group questions with its correct category.
Can you explain this concept to me?
Open-ended
Where are your notes from class?
In what way can I add to my notes?
Did you review the test questions?
How do my notes compare to yours?
Do you understand the material?
Closed-ended
Explanation:
keeps you awake. Note taking forces you to pay attention and helps you focus in class (or while reading a textbook). It helps you learn. Studies on learning have shown that actively engaging with the topic by listening and then summarizing what you hear helps you understand and remember the information later.
Analyzing How ROUND Functions Work
In the function =ROUND (B5*140%,-4), what part of the function determines the number of decimal places?
B5
-4
140%
*
In the function =ROUND(B5*140%,-4), the number of decimal places is determined by the second argument, which is -4. This argument is known as the num_digits argument and it determines the number of decimal places to which the number is rounded.
When the num_digits argument is a positive number, the function rounds the number to that many decimal places to the right of the decimal point. For example, =ROUND(3.14159,2) would round the number to 2 decimal places and return 3.14. However, when the num_digits argument is a negative number, the function rounds the number to the left of the decimal point. For example, =ROUND(12345,-3) would round the number to the nearest thousand and return 12000.
In the given function, the num_digits argument is -4, which means that the number is rounded to the nearest ten thousand. Therefore, the function would take the value in cell B5, multiply it by 140%, and then round it to the nearest ten thousand. In summary, the num_digits argument determines the number of decimal places in the ROUND function, with positive values rounding to the right of the decimal point and negative values rounding to the left of the decimal point.
For more such questions on argument
https://brainly.com/question/30417307
#SPJ11
PLEASE HELP
Carlos, the manager of a small business, knows that actions speak louder than words. Based on this, rather than telling his employees what their
behavior should be like, what would be the MOST effective thing for Carlos to do to develop an ethical company?
Ο Α. Add the ethical standards to the employee handbook
О в.
C.
OD.
Hide hidden messages about ethics throughout the business
Behave ethically himself and run his business ethically
Text employees with quotes about ethics regularly
Reset
►
Next
The most effective thing for Carlos to do to develop an ethical company is to behave ethically himself and run his business ethically (Option B).
Actions speak louder than words, and employees are more likely to follow ethical behavior when they see their leader and manager practicing it consistently.
By setting a positive example, Carlos creates a culture of integrity, honesty, and ethical decision-making within the organization. When employees observe their manager upholding ethical standards in their actions and decisions, it sends a clear message about the importance of ethical behavior.
In addition to leading by example, Carlos can also reinforce ethical practices by incorporating ethical standards into the employee handbook (Option A). This ensures that employees are aware of the company's expectations regarding ethical behavior and provides a reference point for their conduct.
While hiding hidden messages about ethics throughout the business or texting employees with quotes about ethics regularly (Options C and D) may have some positive impact, they are not as effective as the direct influence of a leader demonstrating ethical behavior.
Ultimately, developing an ethical company requires consistent ethical leadership, open communication, and a commitment to ethical decision-making in all aspects of the business. Option B
For more such questions on ethical company visit:
https://brainly.com/question/29829125
#SPJ8
During the Great Depression, how were the philosophies of John Maynard Keynes and other economists affected?
Number correctly the five steps to be used in balancing a bank statement.
a. Subtract from your record book any charges not yet recorded.
b. Locate and add the amounts of outstanding checks.
c. Compare the totals of your record and the bank statement.
d. Subtract outstanding check total from bank's ending balance.
e. Add to bank's record any deposits not yet credited.
The five steps to be used in balancing a bank statement are
Compare the totals of your record and the bank statement.Add to the bank's record any deposits not yet credited.Subtract from your record book any charges not yet recorded.Locate and add the amounts of outstanding checks.Subtract the outstanding check total from the bank's ending balance.A document produced by a bank that summarises a customer's account activities for a specified time period, often a month is called a bank statement which is often used as evidence in legal action. It lists all transactions that occurred over that time period, including deposits, withdrawals, transfers, and fees.
The purpose is to guarantee that the records are accurate and complete and that the amount in the record book equals the balance on the bank statement and avoid any fraud or mismanagement.
Learn more about bank statements, here:
https://brainly.com/question/22786262
#SPJ1
Why followers follow bad leaders?
Answer:
It could be lots of things. The main one that I can think of is fear. When I think of bad leaders I think of tyranny and such, so they feel more prone to violence. If they're just bad, maybe they have a good cause. Just the wrong execution. The last two are loyalty and manipulation. Loyalty speaks for itself and someone who is a bad leader might be easily manipulated into doing whatever someone else wants them to do.
Advertising regulations exist in order to
O demonstrate full and truthful disclosures to the public
Oprotect the rights of insurers
O check the backgrounds of company spokespersons
O generate revenues for the state
Assume that the given statements are ABCD. The correct answer is Option(A) demonstrate full and truthful disclosures to the public.
These regulations are put in place to protect consumers from misleading or false advertising practices, which could cause harm to them and result in financial losses.
Advertising regulations require companies to make truthful and accurate claims about their products or services, and to disclose any potential risks or limitations associated with their offerings.
They also prohibit companies from making false or misleading statements about their competitors, in order to prevent unfair competition.
The regulations ensure that advertising materials are not offensive or deceptive to consumers, and do not violate any laws or regulations. They help to establish ethical advertising practices that promote fair competition and protect consumers.
While advertising regulations aim to promote the interests of the public and protect consumers, they also benefit businesses in several ways. By promoting ethical advertising practices, companies can build trust and credibility with their customers, which can lead to increased sales and customer loyalty.
In addition, regulations help to level the playing field for businesses by preventing unfair competition, which can benefit smaller companies that may be at a disadvantage in the marketplace.
Overall, advertising regulations exist to promote fair and honest business practices, and to ensure that consumers are fully informed about the products and services they are purchasing. They are not designed to generate revenues for the state or to protect the rights of insurers.
for similar question on Advertising regulations
https://brainly.com/question/13527300
#SPJ11
The units of an item available for sale during the year were as follows:
Jan. 1 Inventory 2,500 units at $5
Feb. 17 Purchase 3,300 units at $6
July 21 Purchase 3,000 units at $7
Nov. 23 Purchase 1,200 units at $8
There are 1,500 units of the item in the physical inventory at December 31. The periodic inventory system is used.
Determine the inventory cost by the first-in, first-out method.
$fill in the blank 1
b. Determine the inventory cost by the last-in, first-out method.
$fill in the blank 2
c. Determine the inventory cost by the weighted average cost method.
$fill in the blank 3
a. To determine the inventory cost by the first-in, first-out (FIFO) method, we assume that the units purchased first are the first ones sold. Therefore, we need to calculate the cost of the remaining inventory based on the cost of the most recent purchases.
Calculation:
Jan. 1 Inventory: 2,500 units at $5 = $12,500
Feb. 17 Purchase: 3,300 units at $6 = $19,800
July 21 Purchase: 3,000 units at $7 = $21,000
Nov. 23 Purchase: 1,200 units at $8 = $9,600
Total cost of inventory: $12,500 + $19,800 + $21,000 + $9,600 = $63,900
b. To determine the inventory cost by the last-in, first-out (LIFO) method, we assume that the units purchased most recently are the first ones sold. Therefore, we need to calculate the cost of the remaining inventory based on the cost of the earliest purchases.
Calculation:
Jan. 1 Inventory: 2,500 units at $5 = $12,500
Feb. 17 Purchase: 3,300 units at $6 = $19,800
July 21 Purchase: 3,000 units at $7 = $21,000
Nov. 23 Purchase: 1,200 units at $8 = $9,600
Total cost of inventory: $9,600
c. To determine the inventory cost by the weighted average cost method, we calculate the average cost per unit and multiply it by the number of units in the inventory.
Calculation:
Total cost of units = ($5 x 2,500) + ($6 x 3,300) + ($7 x 3,000) + ($8 x 1,200) = $12,500 + $19,800 + $21,000 + $9,600 = $63,900
Total units = 2,500 + 3,300 + 3,000 + 1,200 = 10,000
Average cost per unit = Total cost of units / Total units = $63,900 / 10,000 = $6.39 (rounded to two decimal places)
Inventory cost = Average cost per unit x Number of units in inventory = $6.39 x 1,500 = $9,585
Learn more about inventory cost at:
https://brainly.com/question/30720189
#SPJ1
Essay
on How Mobile Phones
changed your life?
Our attitudes and expectations have altered as a result of the smartphone. People are required to call on their cell phones to let others know if they will be late for a meeting.
Choosing a time and location for the meeting is no longer required. Simply contact each other on their mobile phones and let them know where you are right now. Early cell phones could only send and receive email, make basic calls, transmit faxes, and perform a few other extremely restricted tasks. Cellular phones can do everything now.
In addition to being able to send messages, emails, and make calls, you also have access to the entire range of computer features. Due to smartphones, our attitudes and expectations have changed. If someone will be late for a meeting, they must call the other party on their mobile phone.
Learn more about Mobile Phones here:
https://brainly.com/question/14976932
#SPJ1
In two to three sentences, answer the following: What is the most important information you need to receive a stock quote? What information you can obtain from a stock quote?
A timestamp is the most important information you need to receive a stock quote.
The time-stamp that indicates how old the market quote is probably the most crucial element to pay attention to. The day's peak and lowest point, amount, and occasionally the 52-week maximum and low are other significant bits of knowledge that a stock quotation displays. The market value of a stock as it is quoted on a securities exchange is known as a stock quotation.
A fundamental quotation for a particular stock gives details such the bid and ask prices, last exchanged price in and volume traded. Even if a stock's value might climb without considerable earnings growth, its ability to continue rising depends on its P/E ratio.
Learn more about stock, here:
https://brainly.com/question/31940696
#SPJ1
FAST I NEED HELP WILL MARK BRAINLIEST
The end of the pandemic that gripped the country and most of the world the
last three years has fueled extraordinary economic activity.
The economy grew at an annual rate of nearly 9% last quarter, making it a
full year that the American economy has grown at a clip higher than 8%.
We learned today that the economy added 550,000 jobs last month,
bringing the unemployment rate down to 2.7%; that is the lowest
unemployment rate recorded since World War II. Soaring home prices and
a churning stock market have consumers and businesses ready to spend,
though analysts fear all that spending may be more than the economy can
handle; the CPI rose 9.7% last month over the same month a year ago,
and there are fears that the CPI will increase by double digits this month.
President Sally Jenkins took credit for the positive economic numbers,
crediting her administrations $1 trillion tax cut last year; the president also
pledged to carry on with plans for $1 trillion in spending on both defense
and a national child care program; she did not comment on the CPI
numbers. Fed Chairman Hal Kubrick did make note of the CPI, calling the
trend “alarming” and promising to help Americans with rising prices by
keeping interest rates near zero.
5. Evaluate the comments by President Sally Jenkins. Does she correctly understand what the economy needs? Why or why not?
6. Evaluate the comments by Fed Chairman Hal Kubrick. Does he correctly understand what the economy needs? Why or why not?
Yes, the Fed Chairman understands the need for keeping interest rates of unemployment low to help Americans with rising prices.
President Sally Jenkins might be assuming acknowledgment for the positive monetary numbers, yet it isn't altogether clear on the off chance that she comprehends what the economy needs.
The $1 trillion tax break last year might have added to monetary development, yet her arrangements for additional spending on both safeguard and a public kid care program could overwhelm the economy.
Furthermore, the taking off home costs and agitating financial exchange may not be manageable, and the apprehensions of twofold digit expansions in the CPI demonstrate that the economy will be unable to deal with all the spending.
In this way, it is problematic whether the president's arrangements are in accordance with the requirements of the economy.Then again, Took care of Director Hal Kubrick's remarks show that he has a superior comprehension of the economy's necessities.
The disturbing pattern of rising CPI and the anxiety toward twofold digit increments require a cautious adjusting of loan costs to assist Americans with adapting to rising costs.
Keeping financing costs close to zero might assist with facilitating the weight on shoppers, and this shows that the Fed Administrator is centered around resolving the squeezing monetary issues.
Subsequently, Kubrick's remarks demonstrate that he has a superior handle of the ongoing monetary circumstance and what the economy needs to keep on developing economically.
To learn more about unemployment, refer:
https://brainly.com/question/13719998
#SPJ1
Mortgage Details
Principal $150000
Loan Length 30 years
Interest Rate 4%
Monthly Payment $716
After 10 years, the
principal on this
mortgage is $113,900.
How much of the next
payment will go
towards principal?
A. $455.61
B. $379.67
C. $336.33
D. $404.39
The answer is C. $336.33. In a typical mortgage payment, a portion goes towards the principal (the amount borrowed) and a portion goes towards the interest (the cost of borrowing).
In the first few years of a mortgage, most of the payment goes towards interest, while the amount towards the principal is relatively small. As time goes on and more of the principal is paid off, a larger portion of each payment goes towards the principal and less towards interest. In this scenario, after 10 years, the principal on the mortgage is $113,900. This means that $36,100 ($150,000 - $113,900) has been paid towards the principal over the first 10 years.
To calculate how much of the next payment will go towards principal, we need to first calculate how much of the payment goes towards interest. To do this, we can use the formula:
Interest payment = Current principal x Monthly interest rate
where Monthly interest rate = Annual interest rate / 12
Plugging in the values given in the question, we get:
Monthly interest rate = 4% / 12 = 0.003333
Interest payment = $113,900 x 0.003333 = $379.67
Now we can calculate how much of the next payment will go towards principal:
Principal payment = Monthly payment - Interest payment
Principal payment = $716 - $379.67
Principal payment = $336.33
Therefore, the answer is C. $336.33.
For more such questions on mortgage payment,
https://brainly.com/question/30093812
#SPJ11
Organizational skills are critical for a business as well as student success. How do you stay organized to ensure deadlines/goals are met?
Organizational skills allude to the capacity to effectively manage time, assets, and tasks in an organized and proficient way. It includes prioritizing assignments, setting and assembly due dates, making and keeping track of progress towards objectives.
Here are some points on how to stay organized to ensure deadlines/goals are met-
Utilize an organizer or a to-do list: Type all your tasks and due dates in an organizer or on a to-do list, so you can see them all in one put and prioritize in like manner.Set reminders: Utilize your phone, computer, or other gadgets to set updates for imperative due dates and arrangements.Break down bigger assignments: In the event that you have a large project or task, break it down into smaller, more reasonable assignments to create it easier to handle and to track your advance.Utilize innovation: There are numerous apps and devices accessible to assist with organization, such as project management software, note-taking apps, and online calendars.Prioritize: Centre on the foremost imperative assignments to begin with and make beyond any doubt they are completed sometime recently moving on to less critical ones.To learn more about Organizational skills,
https://brainly.com/question/13499094
#SPJ1
3. Define social marketing and provide at least two examples of it uses
Social marketing enables policy to be grounded in a comprehension of people's lives, making policy objectives realistic and doable. Instead of advocating for individual action.
The focus has shifted to plumbing system improvement as a result of research into how people use water and where it is wasted. The development of initiatives aiming at altering or sustaining people's behavior for the benefit of both individuals and society at large is known as social marketing.
Examples of social marketing include programs promoting education, environmental awareness, municipal beautification, and urban revitalization. Social marketing is frequently used by government organizations to try to address various social issues.
To learn more about marketing, click here.
https://brainly.com/question/13414268
#SPJ1
When submitting the completed project, please show all work and number each answer accordingly.
When calculating the NPV use the following five columns (use for ALL NPV calculations):
Item
Year(s)
Cash Flow
Discount Factor
Present Value of Cash Flows
1. Tony Skateboards is considering building a new plant. James Bott, the company’s marketing manager, is an enthusiastic supporter of the new plant. Michele Martinez, the company’s chief financial officer, is not so sure that the plant is a good idea. Currently the company purchases its skateboards from foreign manufacturers. The following figures ere estimated regarding the construction of the new plant.
Cost of plant
$4,000,000.00
Estimated useful life
15 years
Annual cash inflows
$4,000,000.00
Salvage value
$2,000,000.00
Annual cash outflows
$3,550,000.00
Discount rate
11%
James Bott believes that these figures understate the true potential value of the plant. He suggests that by manufacturing its own skateboards the company will benefit from a “buy American” patriotism that he believes is common among skateboarders. He also notes that the firm has had numerous quality control problems with the skateboards manufactured by its suppliers. He suggests that the inconsistent quality has resulted in lost sales, increased warranty claims, and some costly lawsuits. Overall, he believes sales will be $200,000 higher than the projected above, and that the savings from lower warranty costs and legal costs will be $80,000 per year.
Required:
a. Compute the Cash Payback period for the project based on the original projections.
b. Compute the net present value of the project based on the original projections.
c. Compute the Cash Payback period for the project incorporating James’ estimates of the value of the intangible benefits.
d. Compute the net present value of the project incorporating James’ estimates of the value of the intangible benefits.
e. Comment on your findings.
2. The partnership of Michele and Mark is considering the following long-term capital investment proposal. Relevant data on the project is listed below. Salvage value is expected to be zero for the project. Depreciation is computed by the straight-line method. The company’s rate of return is the company’s cost of capital which 12%.
Brown
Capital Investment
$200,000.00
Annual Net Income:
Year 1
$25,000.00
Year 2
$16,000.00
Year 3
$13,000.00
Year 4
$10,000.00
Year 5
$8,000.00
Total
$72,000.00
Required:
a. Compute the cash payback period for the project. (round to two decimal places)
b. Compute the net present value for the project (round to the nearest dollar)
c. Compute the annual rate of return for the project.
d. Compute the profitability index for the project.
1 a. The cash payback period 8.89 years
b. The Net Present Value (NPV) is -346 487.187
c. The adjusted cash payback period 5.48 years
d. Considering potential intangible benefits, the investment could be worthwhile. However, it's important to note that James' estimates are uncertain and could be viewed as optimistic.
2. a. The cash payback period is 4.22 years.
b. The net present value is -$144,760
c. The Annual rate of return 14.4%
d. The profitability index is 0.2762
How do you calculate the Net Present Value (NPV)?When calculating the Net Present Value, you can organize the table like this
Tony Skateboard table
Item Year(s) Cash Flow Discount Factor PVCF
Investment 0 $450,000 (1 + 0.11)⁰ $450,000
Year 1 1 $450,000 (1 + 0.11)¹ $405,405.41
Year 2 2 $450,000 (1 + 0.11)² $365,045.87
Year 3 3 $450,000 (1 + 0.11)³ $328,833.15
.
.
Year 15 15 $450,000 (1 + 0.11)¹⁵ $94 051.956
Michele and Mark NPV table
Item Year(s) Cash Flow Discount Factor PVCF
Investment 0 $-200,000 (1 + 0.11)⁰ $200,000
Year 1 1 $25,000 1/(1+0.12)¹ $22,321
Year 2 2 $16,000 1/(1+0.12)² $12,723
Year 3 3 $13,000 1/(1+0.12)³ $9,273
Year 4 4 $10,000 1/(1+0.12)⁴ $6,355
Year 5 5 $8,000 1/(1+0.12)⁵ $4,568
Find more exercises on Net Present Value;
https://brainly.com/question/27557482
#SPJ1
what are the best GPHR Study guide available?
The best GPHR Study guides available include Global Professional in Human Resources (GPHR) Study Guide by David Siler and Global Professional in Human Resources (GPHR) Exam Prep Workbook by HRCI.
What GPHR Study guides are best ?Global Professional in Human Resources (GPHR) Study Guide by David Siler and Global Professonal in Human Resources (GPHR) Exam Prep Workbook by HRCI cover all of the topcs that are covered on the GPHR exam, and they provide you with the information you need to pass the exam.
They also include practce questions and answers, which can help you to prepare for the actual exam.
Find out more on study guides at https://brainly.com/question/30131087
#SPJ1
QUESTION 1
(i) Given the following annual information about a hypothetical country
in 2022, answer questions a. through f.:
Personal consumption expenditures
Personal taxes
Exports
Depreciation
Government purchases
Gross private domestic investment
Imports
Millions of Dollars
$180
10
50
30
145
90
75
a. Which method would you use to calculate GDP based on the data
above? (1 Mark)
b. What is the value of GDP? (2 Marks)
c. What is the value of net domestic product? (1 Mark)
d. What is the value of net investment? (1 Mark)
e. If the opening capital stock was $35 million in 2022 what would be the
closing capital stock? (2 Marks)
f. What is the value of the balance of trade? (1 Mark)
(ii) Define the term gross domestic product. (2 Marks)
(iii) If a country's GDP is $2,700,000 and its population 20,000 what is the
GDP per capita? (1 Mark) NB: GDP per capita = GDP/Population
(iv) If GDP in nominal prices is $3,600 and GDP in real prices is $2,900
what is the value of the GDP deflator or GDP price index? NB GDP
Deflator or GDP price index = GDP at Market Prices/Real GDP * 100. (1
Mark)
(v) The macroeconomy is expected to exhibit cycles similar to a wave
where there will be ups and downs. True or False (1 Mark)
(vi) Based on what we know about what took place during the great
depression, the impact of the covid 19 pandemic is similar in some respects
since we had plenty unemployment especially in the tourism
industry. True or False (1 Mark)
(viii) A country that spends more on capital goods will experience higher
economic growth in the long run than a country that spends more on
consumer goods all things equal because those capital goods can produce
even more capital and consumer goods. True or False (1 Mark)
a. To calculate GDP based on the given data, we can use the expenditure approach. This approach sums up the various components of expenditure in the economy.
b.The value of GDP is $390 million.
c. Net domestic product is $360 million.
d. Net investment is $60 million.
e. Closing capital stock is$65 million.
b. The value of GDP can be calculated by adding up the following components:
GDP = Personal consumption expenditures + Gross private domestic investment + Government purchases + Net exports (Exports - Imports)
Plugging in the provided values:
GDP = $180 + $90 + $145 + ($50 - $75) = $390 million
c. Net domestic product is calculated by subtracting depreciation from GDP.
Net domestic product = GDP - Depreciation = $390 million - $30 million = $360 million
d. Net investment is calculated by subtracting depreciation from gross private domestic investment.
Net investment = Gross private domestic investment - Depreciation = $90 million - $30 million = $60 million
e. To find the closing capital stock, we need to subtract depreciation from the opening capital stock and add net investment.
Closing capital stock = Opening capital stock - Depreciation + Net investment
Closing capital stock = $35 million - $30 million + $60 million = $65 million
f. The balance of trade is calculated by subtracting imports from exports.
Balance of trade = Exports - Imports = $50 million - $75 million = -$25 million
ii. Gross Domestic Product (GDP) is the monetary value of all final goods and services produced within a country's borders in a specific time period, typically a year. It measures the overall economic activity and output of a country.
iii. GDP per capita is calculated by dividing GDP by the population.
GDP per capita = GDP / Population
GDP per capita = $2,700,000 / 20,000 = $135
iv. The GDP deflator or GDP price index is calculated by dividing GDP at market prices by real GDP and multiplying by 100.
GDP deflator = (GDP at Market Prices / Real GDP) * 100
GDP deflator = ($3,600 / $2,900) * 100 = 124.14
v. True. The macroeconomy typically exhibits cycles known as business cycles, which include periods of expansion (ups) and contraction (downs).
vi. False. While both the Great Depression and the COVID-19 pandemic had significant impacts on unemployment, the causes and effects of the two events are distinct. The Great Depression was a severe economic crisis resulting from various factors, including stock market crash, banking failures, and contraction in global trade.
viii. True. In the long run, a country that spends more on capital goods (investment) is likely to experience higher economic growth. Capital goods, such as machinery and infrastructure, can enhance productivity and increase the potential for producing both capital goods and consumer goods. This investment contributes to long-term economic growth by expanding the country's productive capacity and improving efficiency.
For more such questions on GDP
https://brainly.com/question/1383956
#SPJ8
The following data were gathered to use in reconciling the bank account of McCurdy Company: Balance per bank $ 17,000 Balance per company records 8,395 Bank service charges 45 Deposit in transit 2,850 Note collected by bank with $200 interest 4,900 Outstanding checks 6,600 Question Content Area a. What is the adjusted balance on the bank reconciliation? $
The adjusted balance per bank reconciliation is $13,250.
The deposits in transit and the outstanding checks have not been consolidated in the bank explanation so changed by the bank proclamation balance The bank administration charges and the immediate assortment by the bank of the note receivable have not been consolidated in the cash book and hence adjusted.
Computation of adjusted balance per bank reconciliation
Balance per bank statement $ 17,000
Add: Deposits in transit $ 2,850
Less: Outstanding checks $ ( 6,600)
Adjusted balance per bank statement $13,250
Balance per cash book $ 8,395
Less: Bank Service Charges $ (45)
Add: Note collected by bank $ 4,900
Adjusted balance per cash book $13,250.
Thus, Adjusted balance per cash book is $13,250.
Learn more about adjusted balance:
https://brainly.com/question/30648996
#SPJ1
How can not having a checking account become expensive?
A checking account offers easy access to your money for your daily transactional needs and helps you cash secure.
In today's world it is important to have a checking account, for example in India even in rural areas people have checking accounts, which makes transactions easy and secure and it can become expensive if not have a checking account, for example, if a shopkeeper is not having change and you don't have a checking account then the transaction can become expensive, moreover, you will require to carry cash which will become expensive with less security.
To know more about checking accounts,
https://brainly.com/question/15525383