Answer:
Debit, retained earning for $35000
Credit, common stock for $35000
Explanation:
The journal entry will include debits and credits of the retained earnings and the common stock as well.
The retained earning can be derived by
issued shares = 350,000
share par value = $2
issued stock dividend = 5%
Retained earning = 5 x ($2 x 350,000)
100
= 0.05 x $700,000
= $35,000
Also, common stock equals $35,000.
These values are entered as Debit and Credit respectively.
Cheers
According to the rule of 72, if the GDP of the A.pex Federation is growing at
1.9% per year, its economy will double in approximately how many years?
A. 32 years
OR
B. 38 years
According to rule 72, if the GDP of the Apex Federation is growing at 1.9% per year, its economy will double in approximately 38 years. The correct option is b.
What is GDP?GDP is a monetary measure of the market value or the market value of all the final goods and services produced and sold in a specific time period by a country or countries, generally "without double counting the intermediate goods and services used up to produce them".
GDP is most often used by the government of a single country to measure its economic health. Due to its complex and subjective nature, this measure is often revised before being considered a reliable indicator. GDP per capican does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity may be more useful when comparing living standards between nations.
While nominal GDP is more useful comparing national economies on the international market.
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If the marginal propensity to consume (MPC) is 0.75, and if the goal is to increase real GDP by $400 million, then by how much would government spending have to change to generate this increase in real GDP? Group of answer choices
Answer:
Government spending would have to change by $1.6 billion
Explanation:
The marginal propensity to consume (MPC) refers to the proportion of an increase in aggregate income that is spent on consumption of commodities by a consumer.
Since from the question, we have:
MPC = Marginal propensity to consume = 0.75
The MPC can therefore be used to calculate the fiscal multiplier which measures the effect of government spending on real GDP as follows:
Fiscal multiplier = 1 / (1 - MPC) = 1 / (1 - 0.75) = 1 / 0.25 = 4.0
Therefore, we have:
Change in government spending = Fiscal multiplier * Amount of targeted increase real GDP = 4.0 * $400 million = $1.6 billion
Therefore, government spending would have to change by $1.6 billion to generate $400 million increase in real GDP.
Strategists should: Select one: a. Understand the nature of principal-agent and principal-principal conflicts to create better governance mechanisms. b. Develop firm-specific capabilities to differentiate on governance dimensions. c. Understand the rules, anticipate changes, and be aware of differences, especially when doing business abroad. d. All of the above.
Answer:
d. All of the above.
Explanation:
A strategist can be defined as any individual who is knowledgeable, intuitive, brilliant, intelligent in planning the best way to achieve aims, goals and overwhelming success in a particular task or area. They are very good at strategizing the best way to gain advantage in real life situations.
Generally, a strategist should be very good at setting goals, identify the best to achieve these goals and using available resources to execute his plans.
Hence, a strategists should:
a. Understand the nature of principal-agent and principal-principal conflicts to create better governance mechanisms.
b. Develop firm-specific capabilities to differentiate on governance dimensions.
c. Understand the rules, anticipate changes, and be aware of differences, especially when doing business abroad.
Also, a strategist should use his knowledge about corporate governance in answering the four (4) fundamental questions in strategy, which are;
- Why are we (organization) here?
- What do we (organization) stand for?
- Where are we heading (mission and vision)?
- How do we get their (goals)?
An insurance company is likely to attract customers like Clancy who want to purchase insurance because he knows better that the company that he is more likely to make a claim on a policy. What is the term used to describe the situation above
Answer: adverse selection
Explanation:
From the question, we are told that an
insurance company is likely to attract customers like Clancy who want to purchase insurance because he knows better that the company that he is more likely to make a claim on a policy.
The idea above is called adverse selection. This is a situation whereby either the seller or the buyer believes that he or she has more information than the other person regarding a particular product.
What is true regarding local government budgets? (Select all that apply) Large portions of local budgets support elementary education. Revenue comes from intergovernmental payments. Expenditures include police and fire departments. Localities fund social security benefits for retired residents.
Answer:
All that is true regarding local government budgets:
Large portions of local budgets support elementary education.
Revenue comes from intergovernmental payments.
Expenditures include police and fire departments.
Explanation:
Local government budgets in the U.S.A. are detailed financial, operational, and policy documents that give details about the services being rendered by the local government. They specify who gets what services, how much of the services, and who pays for the services.
Local government budgets are done at three main levels, depending on the state. The levels are the city, town, and county levels. These levels of government are headed by the mayor, CEO or manager, either appointed or elected, again depending on the state, with power balanced by the legislature, which is always elected. There are also budgets for specialized projects and purposes.
Funding for local government budgets generally comes from taxes and levies, with support from the state and federal governments.
Global Technology’s capital structure is as follows: Debt 15 % Preferred stock 50 Common equity 35 The aftertax cost of debt is 6.00 percent; the cost of preferred stock is 10.00 percent; and the cost of common equity (in the form of retained earnings) is 13.00 percent. Calculate the Global Technology’s weighted cost of each source of capital and the weighted average cost of capital.
Answer:
1. 0.9% ; 5% ; 4.55%
2. 10.45%
Explanation:
Cost of equity = 13%
After tax cost of debt= 6%
Cost of preferred stock = 10%
Weight of debt = 15%
Weight of preferred stock = 50%
Weight of equity = 35%
Therefore;
1
•After tax weighted cost of debt = weight of debt × after tax cost of debt
= 0.15 × 0.06
= 0.009
= 0.9%
•Weighted preferred stock cost = Weight of preferred stock × cost of preferred stock
= 0.50 × 0.10
= 0.05
= 5%
•Weighted common equity stock cost = weight of equity × cost of equity
= 0.35 × 0.13
= 0.0455
= 4.55%
2.
• Weighted average cost of the firm
= After tax weighted cost of debt + Weighted preferred stock cost + Weighted common equity stock cost
= 0.9% + 5% + 4.55%
= 10.45%
Question 1 What forces have caused cost and management accounting systems designed decades ago to become less relevant and less valuable for organizational employees in today's globally competitive environment? Question 2 As a Cost and Management Consultant in the banking industry in Ghana, one of your highly esteemed clients, a top tier banking institution in Ghana has required of you to advise them as to whether target costing can be applied to the banking industry in Ghana. They further require you to advise them on what products or services can target costing be applied.
Answer to Question 1:
The forces that had lessened the importance of the cost and management accounting systems in today's dynamic world are as under:
The ancient bookkeeping and the costing techniques were very time consuming and the accounting systems were also not integrated with the financial accounting systems. Today we have very robust and integrated systems which helps the management of the business operations nation wide with greater security and better performance than the previous old versions.The complexity of the organization operations have resulted in origination of additional management accounting techniques that were adapted in the form of automated software, that are used to produce management reports on daily, weekly, monthly and yearly basis. The examples include the Throughput costing, Activity based costing, Bench-marking techniques, etc.The activities automation has led to attaining of maximum efficiency possible in some areas which wasn't possible in the past. The robots management systems, activity automation, etc has increased the fixed cost share in the total cost and the variable cost has become a very minute share of the total cost of the activity. This variable cost which is often referred to as controllable cost, is very less in percentage share of total cost today than 10 years back. In the future, we will see it as a very very very small share of total cost. This makes the today's management costing techniques obsolete and requires new solutions, new techniques, new softwares, etc. to manage the companies operations.Answer to Question 2:
The target costing is a costing technique that helps to reduce the cost of the company operations by setting cost targets for the operations. The first step under target costing is to set a selling price for the product and the second step is to set the target profit margin. Now at this position we are able to derive the target cost by taking the difference of profit margin and the selling price of the product. At this stage the actions and reforms required to achieve this target cost are determined and implemented in the current operating activities. The best part of the target costing is that it says that the pricing though matters but the main aspect of a product success is its cost controls. If the company is able to control the cost of the product then it can control the movement of prices in the market. So target costing specially focuses and stresses upon cost control procedures.
As Target costing is all about cost controlling and can be applied to any sector. In Ghana, target costing will help to control the cost of the services that the banking sector renders to its customers. This reduction in services cost can be achieved by automation, installation of new softwares, Investing in automated teller machines, etc. By gaining efficiencies, the banking sector will substantially reduce its cost thus achieving its target cost.
By achieving the target cost the bank will have to sell at the same rate as the bank had invested its time and money in efficiency gaining activities. There are a lot of activities and products that can be automated and that can help to achieve the target cost. For example, promoting internet banking will reduce the cost of ATM management, paper cost, management time, additional branch opening or extension of building, etc. We can see how easily internet banking will assist the banking sector to achieve its target costs.
To test an herbal treatment for acid reflux disease, 100 volunteers who suffered from mild indigestion were randomly divided into two groups. Each person was given a month's supply of tea bags. For one group, the tea contained the herb mixed with green tea, whereas for the other group, the bags contained only the green tea. Participants were not told which type of tea they had, and were asked to drink one cup of tea per day for a month. At the end of the month, a researcher evaluated them to determine if their symptoms had improved. The researcher did not know which of the subjects had the tea with the herbal ingredient added. Which is true regarding this study? The "only green tea" group serves as the control group. This study is an observational study. This study is double-blind. Only (A) and (C) are true. All of the above are true.
The correct answer is Only (A) and (C) are true
Explanation:
In a study or research, the control group is the one that does not receive a treatment. This means, in this case, the control group includes those who only drink the green tea without the herbs because they serve as a standard to measure the effects of the herbs. This makes statement A (The "only green tea" group serves as the control group) true; also, the group receiving the herbs is the experimental group.
On the other hand, a double-blind study is one in which the researchers and the participants ignore who is receiving the treatment, which guarantees there is objectivity. This occurs in the study presented because neither the researcher nor the subjects known who received the herbal mix. Thus, statement C (This study is double-blind) is true.
Finally, a study is classified as observational if there is not intervention but the researchers just observe participants to study a phenomenon. This does not occur in the study presented because there is an intervention through the herbal treatment, and therefore the study is not observational.
Match each word with the phrase that best defines it.
service
a measure of how financially worthy a
person is to receive loans
credit score
the act of stealing and using someone
else's personal information
identity theft
a condition of financial failure
bankruptcy
a resource that is provided to meet
consumers' needs
Answer:
Credit score - A measure of how financially worthy a person is to receive loans .
Identity theft - the act of stealing and using someone else's personal information .
Bankruptcy - A condition of financial failure
Consumers' needs - A resource that is provided to meet .
Explanation:
The Credit score is described as the numerical expression which represents an individual's creditworthiness. This number is determined by the evaluation of past credit files of the person which makes him/her worthy or not worthy to seek loans from the bank.
Identity theft is a term employed for describing an illegal or fraudulent use of a person's identity or personal information for seeking financial or other advantages(obtaining credit, medical services, file taxes, etc.) associated with that person.
Bankruptcy is demonstrated as the term used for 'legal declaration or recognition of the condition of insolvency of an individual or financial organization.' In this situation, the person or organization fails to repay the debts.
Consumer needs are described as the resources(product or service) that the consumers require to meet a particular need. In economic terms, it is the customer's desire for a resource or good for a specific benefit or advantage. For example: a fan would help the consumer to eliminate the feeling of heat.
When a firm is given monopoly power, it loses its freedom of contract, and a governmental body is given the power to determine the provisions of its contracts. The government agency is providing ________.
Answer:
The government agency is providing basic and/or essential services that further deepen the interests of members of the public
Explanation:
The assertion that a firm with a monopoly power loses it freedom of contract is very true. Monopolies by its realities come with features that ultimately cater for the interests of the firm, instead of the consumers. One of these is charging an astronomical high price on a particular item of commodity, and not taking cognizance of the purchasing power of the public. A firm could to this, and ultimately get away because its the only delivering such services - the one with the enormous monopoly power. Here, there is no stiff competition among goods that may offer liberty of choices to ordinary consumers.
To mitigate these numerous power of monopolies, governmental body has been giving the power to regulate and maintain an oversight functions. They now determine the provisions of contracts. The main objective of government agency, thus, is to ensure a firm with a monopoly power considers the basic and essential interests of the members of the public - the end users. Here, members of the public are insulated from unnecesary exploitation by the monopolies.
Sharon purchases two products, X and Y, with a given fixed budget. The marginal utility she receives from the last unit of X she consumes is 60 utils, and the marginal utility she receives from the last unit of Y she consumes is 30 utils. The price of X is $2.00, and the price of Y is $1.00. Based on the equal marginal principle, these data suggest that Sharon
Answer:
A) is maximizing her total utility from the given fixed budget.
Explanation:
The equal marginal principle refers to the principle in which the consumer would select that combination of goods which maximise its total utility. It could be selected by having marginal utility and its price
And for profit maximization, the marginal utility and the price is equivalent to both the goods.
i.e
[tex]\frac{MU_X}{P_X} = \frac{MU_Y}{P_Y}[/tex]
[tex]\frac{60}{2} = \frac{30}{1}[/tex]
30 = 30
Hence, the correct option is a.
While moving into a newly purchased home, the buyer discovered that the seller had taken the ceiling fan that hung over the dining room table. The seller has not indicated that the ceiling fan would be removed, and the contract did not address this issue. Which statement is TRUE
Options :
a. Ceiling fans are usually considered real estate.
b. The ceiling fan belongs to the seller.
c. Ceiling fans are considered trade fixtures.
d. Ceiling fans are considered personal property.
Answer: a. Ceiling fans are usually considered real estate.
Explanation: The ceiling fan should be transferred to the buyer as it is considered real estate. Items of this nature becomes part of the real estate property as they have become attached to the home. Also, since ceiling fan is present at the time of purchase and there was no written or verbal agreement that it will be detached from the property once the property is sold. Therefore, the ceiling fan is a real estate and should be a part of what was purchased by the buyer.
Some countries have oil as a natural resource and BronzePlate Inc., based in Illinois, is considering building a facility in one of those foreign countries since it does not have easy access to oil near its manufacturing plant. Which theory of foreign direct investment provides an explanation for this decision
The question is incomplete:
Some countries have oil as a natural resource and BronzePlate Inc., based in Illinois, is considering building a facility in one of those foreign countries since it does not have easy access to oil near its manufacturing plant. Which theory of foreign direct investment provides an explanation for this decision
A) eclectic paradigm
B) infant industry argument
C) protectionism argument
D) product life cycle theory
E) new trade theory
Answer:
D) product life cycle theory
Explanation:
-Eclectic paradigm refers to an approach that helps a business to evaluate if it should make a foreign direct investment based on ownership, location and internationalization.
-Infant industry argument says that a new industry in a country doesn't have the economies of scale that the industry has in other countries and because of that, it has to be protected.
-Protectionism argument says that restrictions on imports should be placed to protect the national industry against international competitors.
-Product life cycle theory states that at the beginning of the product life cycle all the materials and resources needed are from the place where the product was created but when the product is widely used, the manufacturing process is transfered to a different place that can be in another country.
-New trade theory refers to a group of models related to international trade that talk about returns to scale that tend to increase and network effects when protectionist measures are put in place and that they can help to create important industries.
According to this, the answer is that the theory of foreign direct investment that provides an explanation for this decision is product life cycle theory because BronzePlate Inc. manufactures its products in Illinois and it is considering building a facility in another country to get easy access to oil and the product life cycle theory says that when companies have a product that is widely used they would transfer the production process to a different place that is what you can see in this case.
The nominal exchange rate is about 2 Aruban florin per dollar. If a basket of goods in the United States costs $50, how many florins must a basket of goods in Aruba cost for purchasing-power parity to hold
Answer:
100 florins
Explanation:
Purchasing Power Parity is a theory which compares currency of different countries through basket of goods. This is a method to compare purchasing power of currencies of different countries. If nominal exchange rate is 2 Aruban florin per dollar and basket of good in United States cost $50 then there must be 100 florins in the basket.
2 Florin per dollar * $50 = 100 Florins.
A 10-year corporate bond has a 6 percent coupon, a call premium of $60, and a first call date in year 4. Market interest rates are 6.5 percent and are expected to rise for an extended period. If you plan to hold the bond, which yield should you most consider before buying the bond
Answer:
YTC = 8.3%
Explanation:
you should calculate the yield to call (YTC)
YTC = {coupon + [(call value - market value)/n]} / [(call value + market value)/2]
but we first need to calculate the market value:
PV of face value = $1,000 / (1 + 6.5%)¹⁰ = $532.73
PV of coupons = $60 x 7.18883 (PV annuity factor, 6.5%, 10 periods) = $431.33
market price = $532.73 + $431.33 = $964.06
YTC = {60 + [(1,060 - 964.06)/4]} / [(1,060 + 964.06)/2] = 83.985 / 1,012.03 = 8.3%
Hogan Company A new employee in the finance department of the Hogan Company prominently displays diplomas and past awards indicating his financial adeptness. What type of power is this employee most likely trying to attain?
Answer:
expert power
Explanation:
Based on this scenario it seems that the individual employee is trying to attain expert power. This refers to the use or perception of expert knowledge in order to get another individual to follow your instructions or orders. In this scenario, by putting up diplomas and past awards the new employee is trying to show everyone that he is an expert in that specific field and that any statement or order given by him regarding that topic should be obeyed.
Which of the following statements support the claim that incentives matter? Explain why or why not. 1. When income transfers to the ablebodied poor increase, the recipients will have less incentive to work. 2. An increase in the fines associated with downloading music and videos protected by copyright laws reduces the number of people engaging in this activity. 3. An increase in the number of people downloading music and videos negatively impacts the commercial production of music and videos.
Answer:
1. When income transfers to the ablebodied poor increase, the recipients will have less incentive to work.
The incentive to work for most people is earning a wage to make a living.
For the poor, this incentive is even more so, because usually, the lack of work for them means severe lacking in their material needs: shelter, food, clothing, electricity, drinking water, and so on.
If the poor are given income transfers from the government, they will have less incentive to work simply because they now obtain some income without the need of doing so.
The incentive to work is reduced even more if the income transfers to the ablebodied poor increase so much that they become higher than the minimum wage. In a situation like this, many ablebodied poor will simply stop searching jobs because they can earn more money from the government by not working.
Joe Jones, the proprietor of Joe Jones Financial Planning Inc., which is registered as an investment adviser in New York State, has decided that he can expand his business by setting up an Internet website. He includes a questionnaire that solicits individuals to transmit information about their investment objective, financial situation, financial needs, risk tolerance level and investment time horizon, which he will use to create a financial model and plan for a fee. Which statement is TRUE
Available Options are:
A. Joe Jones financial planning Inc. must register with the S EC as an investment advisor but is not required to register as an investment advisor in each state where customers complete the questionnaire
B. Joe Jones financial planning Inc. is not required to register with the SEC as an investment advisor, but the firm is required to register as an investment advisor in each state where customers complete the questionnaire
C. Joe Jones financial planning Inc. is required to register with the SEC as an investment advisor, and the firm is required to register as an investment advisor in each state where customers complete the questionnaire
Answer:
Option B is correct.
Explanation:
Because the reason is that Joe Jones financial planning Inc., is not a large size firm hence they are not required to register with the SEC whereas they are required to register as an investment advisor in each state where they are operational as an investment advisor and are processing cases of customers who complete the questionnaire.
As the price level falls a. people will want to hold more money, so the interest rate rises. b. people will want to hold more money, so the interest rate falls. c. people will want to hold less money, so the interest rate falls. d. people will want to hold less money, so the interest rate rises
Answer:
The answer is C.
Explanation:
As the general price level decreases or falls, people will want to hold less money, so the interest rate falls.
As price level falls, value of money decreases because a unit of money will more of goods or services.
During this period people will want to hold less money because of the decrease in value and the excess money will be deposited in banks.
With this, the banks have more money to lend out and this will make the bank to reduce its Interest rate.
The master budget of Carpenter Company shows that the planned activity level for next year is expected to be 100,000 machine hours. At this level of activity, the following manufacturing overhead costs are expected: Indirect labor $480,000 Machine supplies 120,000 Indirect materials 140,000 Depreciation on factory building 100,000 Total manufacturing overhead $840,000 A flexible budget for a level of activity of 120,000 machine hours would show total manufacturing overhead costs of:
Answer:
Total overhead cost= $988,000
Explanation:
Giving the following information:
Activity level= 100,000 machine hours
Indirect labor $480,000
Machine supplies 120,000
Indirect materials 140,000
Depreciation on factory building 100,000
First, we need to calculate the unitary overhead costs per machine-hours. Depreciation is a fixed cost.
Indirect labor= 480,000/100,000= $4.8
Machine supplies= 120,000/100,000= $1.2
Indirect materials= 140,000/100,000= $1.4
Now, we can determine the total overhead cost for 120,000 machine hours.
Indirect labor= 4.8*120,000= 576,000
Machine supplies= 1.2*120,000= 144,000
Indirect materials= 1.4*120,000= 168,000
Depreciation= 100,000
Total overhead cost= $988,000
Collective bargaining refers to a. firms colluding to set the wages of employees below equilibrium. b. the process by which unions and firms agree on the terms of employment. c. the process by which the government sets exemptions from the minimum wage law. d. setting the same wage for all employees to prevent conflict among workers.
Answer: the process by which unions and firms agree on the terms of employment.
Explanation:
Collective bargaining is the negotiation that takes place between the employers and the workers in order to reach an agreement regarding the wages or salaries, benefits, sworking conditions, and other rights for the employees.
Therefore, collective bargaining is the process by which unions and firms agree on the terms of employment.
Patty Leave owned an apartment house for ten years. Depreciation was taken on a straight-line basis. When Patty's adjusted basis for this property was $200,000, she traded it for an office building having a fair market value of $600,000. The apartment house has 100 dwelling units, while the office building has 40 units rented to business enterprises. The properties are not located in the same city. What is Patty's reportable gain on this exchange
Answer:
$0
Explanation:
IRS's Section 1031 allows real estate investors to exchange real properties and defer any capital gains tax. In this case, Patty doesn't need to report any gain because she is exchanging her apartment house (with 100 rented apartments) for an office building (with 40 rented offices).
In order for a property to classify as a 1031 exchange, it must involve properties that have similar uses. In this operation, both properties have rental units.
A joint venture is an attractive way for a company to enter a new industry when: Group of answer choices it needs access to economies of scope and good financial fits in order to be cost-competitive. the firm has no prior experience with diversification. a firm is missing some essential skills or capabilities or resources and needs a partner to supply the missing expertise and competencies or fill the resource gaps. it has not built up a hoard of cash with which to finance a diversification effort. it is uneconomical for the firm to achieve economies of scope on its own initiative.
Answer:
A joint venture is an attractive way for a company to enter a new industry when:
a firm is missing some essential skills or capabilities or resources and needs a partner to supply the missing expertise and competencies or fill the resource gaps.
Explanation:
A joint venture is the pooling of resources by two or more companies in order to execute a particular project. Some of the advantages of entering into a joint venture with another company include: gaining new capacity and expertise, entering related businesses or new geographic markets, securing access to modern technology, increased access to resources - including expertise and technology. Joint ventures last as long as the project for which it is set up lasts. The arrangement does not call for the dissolution of the joint venturers. Instead, their separate businesses would continue to run separately from the joint venture, which becomes a separate entity until the accomplishment of the task.
Donald is a real piece of work. He always thinks that his accomplishments are the best ever, does not give credit to anyone else, and is totally incapable of accepting criticism from others. His employees do not stay on his team for very long because he never recognizes their work. Donald has a high level of ________.
Due to thinking he's the best, Donald has a high level of: Narcissism
His employees do not stay on his team for very long because he never recognizes their work. Donald has a high level of: Narcissism.
What is Narcissism?
An excessive sense of self-importance is a symptom of narcissistic personality disorder, a mental health issue. They demand excessive amounts of attention and want to be admired.
It's possible for those who have this disease to be incapable of comprehending or caring about the sentiments of others. However, beneath their outward display of excessive confidence, they actually lack confidence in their own abilities and are severely hurt by the least criticism.
Relationships, employment, education, and financial situations are just a few of the areas of life where a narcissistic personality disorder can cause issues.
People who suffer from narcissistic personality disorder may generally feel dissatisfied and let down when they don't receive the particular treatment or appreciation they feel they are due.
Others might not enjoy being around them, and they might find their relationships rocky and unsatisfying. The primary form of therapy for narcissistic personality disorder is talk therapy, commonly known as psychotherapy.
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A study examined the economic rewards of obtaining an MBA degree. The researchers made inferences based on wage data collected for a sample of individuals who sat for a particular examination required for most MBA programs. The researchers used data from an earlier article which used random sampling of those who took the exam during a selected time period to draw conclusions about the potential economic benefits of obtaining a an MBA degree. Complete parts Bold a through Bold c below. nothing nothing nothing nothing a. For this study, describe the population of interest. A. All people who have an MBA. B. All those who took the exam during the selected time period.
Answer:
Option B. All those who took the exam during the selected time period.
Explanation:
The reason is that the population of interest is based on the people who took the exam during the selected period because it helps in estimating the actual economic benefits to the people who opted the MBA prgram. So basically we are using the earliar research papers which will help in understanding what value the MBA degree has generated. So the option B is correct.
After the meeting to address how to handle a competitor that the group fears is about to take considerable market share from the company, Terry learns that the competitor is actually laying off workers and is not likely to be the threat they thought it was. Terry decides not to tell the others about this development because the group was very confident in the decisions it made about how to better compete.
The question is incomplete:
After the meeting to address how to handle a competitor that the group fears is about to take considerable market share from the company, Terry learns that the competitor is actually laying off workers and is not likely to be the threat they thought it was. Terry decides not to tell the others about this development because the group was very confident in the decisions it made about how to better compete.
-Groupthink
-Mindguard
-Nominal Group Technique
Answer:
-Mindguard
Explanation:
-Groupthink is when a group get to an agreement without considering the consequences of the decision to avoid affecting the balance that the group has reached.
-Mindguard is when a person in the group gives limited information that can cause doubts to maintain the idea the group has.
-Nominal Group Technique is a method in which everyone is encouraged to provide ideas that are evaluated and chosen as a group to get to a quick agreement.
According to this, the answer is that this exemplifies mindguard because Terry is acting as a filter by not providing the information he knows to allow that the decisions that the group made are not affected as he doesn't want to damage the confidence the group has.
Carpenters, Inc., a manufacturing company, acquired equipment on January 1, 2017 for $530,000. Estimated useful life of the equipment was seven years and the estimated residual value was $14,000. On January 1, 2020, after using the equipment for three years, the total estimated useful life has been revised to nine total years. Residual value remains unchanged. The company uses the straight-line method of depreciation. Calculate depreciation expense for 2020. (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A. $50,476B. $58,889C. $49,143D. $57,333
Answer:
The depreciation expense for 2020 is C. $49,143
Explanations :
Straight line method charges a fixed amount of depreciation for the period of use of an asset.
Depreciation Charge = (Cost - Residual Value) / Estimated useful life
2017
Depreciation Charge = ($530,000 - $14,000) / 7 years
= $73,714.29
2018
Depreciation Charge = $73,714.29
2019
Depreciation Charge = $73,714.29
2020
The estimated useful life is now estimated at 9 years in total (hence 6 years remaining) and the residual value remain unchanged.
Depreciation Charge = (Cost - Accumulated depreciation to date - Residual Value) / Remaining useful life
= ($530,000 - $73,714.29 - $73,714.29 - $73,714.29 - $14,000) / (9 - 3) years
= $294,857.13 / 6 years
= $49,142.855 or $49,143 (to the nearest dollar.)
Conclusion :
The depreciation expense for 2020 is $49,143 (to the nearest dollar.)
If the dollar buys fewer bananas in Honduras than in Guatemala, then traders could make a profit by
a. buying bananas in Honduras and selling them in Guatemala, which would tend to raise the price of bananas in Honduras.
b. buying bananas in Honduras and selling them in Guatemala, which would tend to raise the price of bananas in Guatemala.
c. buying bananas in Guatemala and selling them in Honduras, which would tend to raise the price of bananas in Guatemala.
d. buying bananas in Guatemala and selling them in Honduras, which would tend to raise the price of bananas in Honduras.
Answer:
The correct answer is C)
Explanation:
Given that the price for bananas is cheaper in Guatemala, suppliers will be driven to make a quick profit just by buying from the Guatemalan market to sell in the Honduras economy.
This, however, will cause the prices of bananas to rise in Guatemala. Because, according to the basic principles of economics, the higher the demand the higher the price.
Cheers!
want is a trial balance
Answer: A trial balance is a bookkeeping worksheet in which the stability of all ledgers are compiled into debit and savings account column totals that are equal. The typical purpose of producing a trial stability is to ensure the entries in a company's bookkeeping device are mathematically correct.
Explanation:
Seth owns a property on a small island with six other property owners. Recently, Seth built a fishing pier along the water’s edge; however, the pier is actually on his neighbor’s property, which Seth has no rights to. What might this be an example of?
Answer:
Encroachment.
Explanation:
Encroachment of land occurs when a person violates his neighbors property right through building a structure that extends beyond the boundary of his land and into another person's property.
However , this may be mutually agreed on by the two parties involved , and compensation given under a term called easement.
In a situation where the encroached property belongs to the government , this is referred to as structural encroachment and the government may destroy such structure without giving any compensation