The equivalent units of production for materials is 1,610 units, and for conversion costs is 1,740 units. The calculation is based on the information provided and assumes a 50% completion rate for work in process units on July 31.
To calculate the equivalent units of production, we consider the work in process units at different stages of completion. For materials, we add the work in process units on July 1 (470 units) to the units started into production (1,140 units). This gives us a total of 1,610 units. For conversion costs, we follow the same approach. We add the work in process units on July 1 (470 units) to the units started into production (1,140 units). However, since only 40% of the work in process units on July 31 are completed, we multiply this by 0.4 to get 600 units. Adding the two values, we have a total of 1,740 units for conversion costs.
learn more about:- Equivalent Units here
https://brainly.com/question/27960616
#SPJ11
When material requirement data is enriched with data about other resources, what is it called? Not yet answered Marked out of 1.00 a. JIT b. MRP 11 c. MPS Flag question d
When material requirement data is enriched with data about other resources, it is called Manufacturing Resource Planning (MRP II).What is Manufacturing Resource Planning (MRP II)?Manufacturing Resource Planning (MRP II) is a computer-based inventory control and production planning system that enables manufacturers to manage resources more efficiently.
It goes beyond the primary MRP system by taking into account additional resources like man, machine, and material planning. It also uses data from other organizational functions like accounting, finance, and sales forecasting. MRP II software has numerous features, including real-time inventory control, quality control, scheduling, and production monitoring.
MRP II takes a more holistic approach to production planning than the initial Material Requirements Planning (MRP) system, which was developed to schedule material availability for manufacturing. It goes beyond the primary MRP system by taking into account additional resources like man, machine, and material planning. It also uses data from other organizational functions like accounting, finance, and sales forecasting. MRP II software has numerous features, including real-time inventory control, quality control, scheduling, and production monitoring. MRP II enhances MRP by including more details on lead times, capabilities of resources, and capacity requirements in the production process.
To know more about material visit;
https://brainly.com/question/30503992
#SPJ11
10 1 point Which theory describes the relationship between the shareholders and managers of an entity? Stewardship theory Agency theory Stakeholder theory Legitimacy theory 0000
Agency theory describes the relationship between the shareholders and managers of an entity. According to this theory, managers are considered as agents who act on behalf of the shareholders.
In agency theory, managers are tasked with making decisions that maximize shareholder wealth. However, there may be instances where managers prioritize their own interests or other stakeholders' interests over those of the shareholders. This theory emphasizes the need for monitoring and control mechanisms to ensure that managers act in the best interests of the shareholders.
Furthermore, agency theory suggests that aligning the incentives and goals of managers with those of the shareholders can help mitigate conflicts and promote effective corporate governance. This may involve providing managers with performance-based incentives or aligning their compensation with the long-term financial performance of the entity. Overall, agency theory provides a framework for understanding and managing the relationship between shareholders and managers in organizations.
learn more about shareholders here:
https://brainly.com/question/32134220
#SPJ11
[CLO-2] Lulu centre will update its merchandise inventory ledger after each and every transaction. This is often called. O perpetual inventory system. O periodic inventory system Ospecific inventory system O last in first out system
The correct answer is "perpetual inventory system."
A perpetual inventory system is a method of tracking and updating merchandise inventory in real-time after each transaction. Under this system, every purchase, sale, or return of inventory is immediately recorded in the inventory ledger, providing an up-to-date and accurate balance of inventory at any given time. This allows businesses to have a continuous and detailed record of their inventory levels.
In contrast, a periodic inventory system involves updating the merchandise inventory ledger periodically, typically at the end of an accounting period. The periodic system relies on physical counts of inventory to determine the ending inventory balance and calculate the cost of goods sold.
Lulu Centre's practice of updating its merchandise inventory ledger after each transaction indicates that it follows a perpetual inventory system, ensuring that its inventory records are constantly updated and accurate.
Learn more about inventory here:
https://brainly.com/question/31146932
#SPJ11
A firm has Return on Assets (ROA) of 11.2 percent, and debt- equity ratio of 51 percent. Calculate the firm's return on equity (ROE). A. 16.91% B. 16.24% C. 16.59% D. 18.12%
To calculate the firm's return on equity (ROE), we can use the formula:
ROE = ROA * (1 + Debt-Equity Ratio)
Given that the ROA is 11.2 percent and the debt-equity ratio is 51 percent, we can substitute these values into the formula:
ROE = 11.2% * (1 + 0.51)
ROE = 11.2% * 1.51
ROE = 16.912%
Therefore, the firm's return on equity (ROE) is approximately 16.91%.
The correct answer is A. 16.91%.
Learn more about equity (ROE) here:
https://brainly.com/question/30403915
#SPJ11
Nadya is worried about poor people disproportionately exposed to pollution. She suggests the model where pollution in the area is regressed on average housing price in that area, and the number of pro-environmental voters in the area. She also knows that housing price in the area depends on pollution in the area, and the number of good schools in this area. Assuming that all the variables are significant and there are no other omitted variables affecting the dependent variables, can Nadya use Indirect Least Squares in this setting? True or False
Assuming that all the variables are significant and there are no other omitted variables affecting the dependent variables, can Nadya use Indirect Least Squares in this setting. The statement is False.
Indirect least squares (ILS) is a way of using the so-called "surrogate" variables when the dependent variable cannot be measured directly.
Surrogate variables are not measured themselves but rather are influenced by the same factors that influence the dependent variable and are relatively easy to measure.
In this scenario, it is unclear what the dependent variable is and how the data should be structured. As a result, it is unclear whether ILS can be used.
Hence, the statement is False.
Read more about Surrogate Variables at https://brainly.com/question/16676416
#SPJ11
False. Nadya cannot use Indirect Least Squares in this setting.
Is Indirect Least Squares applicable in this scenario?Indirect Least Squares (ILS) is a method used to estimate the coefficients of a model when the dependent variable is endogenous, meaning it is affected by other variables in the model. However, in this case, the variables "pollution in the area" and "number of good schools in the area" are both endogenous variables. The housing price depends on pollution, and pollution depends on the number of pro-environmental voters. Therefore, there is endogeneity present in the model, and the assumptions for ILS are violated.
To address endogeneity, Nadya would need to employ alternative methods such as instrumental variables or other techniques that can handle endogenous variables. These methods allow for consistent estimation of the coefficients and help mitigate the bias caused by endogeneity.
Learn more about Indirect Least Squares
brainly.com/question/3869512
#SPJ11
You came to know about the idea of insurance and that it works on sharing of losses. However, your father does not agree with you. As discussed in class, explain the idea of sharing of losses to your father. Assume asset to be insured worth Rs 1128000 and a chance of loss to be 18%. (Hint: consider at least two similar assets to prove your point.)
Dear Father,
I hope this letter finds you well. I wanted to discuss an important concept that we learned in class recently - the idea of insurance and how it works on the sharing of losses. I understand that you might have some doubts or reservations about this concept, but I would like to explain it further so that we can have a better understanding of its benefits.
Insurance operates on the principle of risk-sharing, where individuals or entities pool their resources together to protect against potential losses. Let's consider an example to illustrate this concept. Suppose there are two similar assets, each worth Rs 1,128,000. We'll call them Asset A and Asset B.
Now, let's say there is an 18% chance of a loss occurring to these assets due to various risks such as accidents, theft, or natural disasters. If Asset A is insured, it means that the owner of Asset A pays a premium to an insurance company in exchange for coverage. The insurance company collects premiums from many policyholders, including the owners of Asset B, who also want protection against similar risks.
Now, if a loss occurs to Asset A, the insurance company will compensate the owner for the loss based on the terms of the insurance policy. This compensation will be sourced from the pool of premiums collected from all the policyholders, including the owner of Asset B.
Here's where the sharing of losses comes into play. By pooling resources and sharing the risks, individuals can collectively bear the burden of losses that occur to a few. In this scenario, if Asset B remains unaffected and does not experience a loss, the premium paid by its owner contributes to compensating the owner of Asset A for their loss. In the future, if Asset B were to face a loss, the pool of premiums would be used to compensate its owner as well.
Insurance works on the principle of spreading the risk among a large number of people or entities. This spreading of risk ensures that no single individual faces the full financial burden of a significant loss. By sharing the potential losses, insurance provides individuals with a sense of security and financial protection, allowing them to manage unexpected events more effectively.
I hope this explanation helps you understand the concept of sharing losses through insurance better. If you have any further questions or concerns, please let me know. I believe that embracing the idea of insurance can provide us with greater peace of mind and financial stability.
With warm regards,
[Your Name]
Learn more about sharing of losses here:
https://brainly.com/question/32383755
#SPJ11
when using vertical analysis, we express balance sheet accounts as a percentage of
When using vertical analysis, we express balance sheet accounts as a percentage of total assets.
Vertical analysis is a financial statement analysis technique that presents each item in the balance sheet as a proportion of a significant total, in this case, total assets. This method allows you to compare the relative proportions of each account to the total assets, making it easier to analyze the financial health of a company.
Vertical analysis is a method of financial statement analysis where each item on a financial statement is expressed as a percentage of a specific base amount. In the case of balance sheets, the base amount is usually total assets.
To know more about vertical analysis visit:-
https://brainly.com/question/32433237
#SPJ11
14-22 Cost-plus target return on investment pricing.John Branch is the managing partner of a business that has just finished building a 60-room motel. Branch anticipates that he will rent these rooms for 16,000 nights next year(or 16,000 room-nights).All rooms are similar and will rent for the same price.Branch esti- mates the following operating costs for next year: Variable operating costs Fixed costs Salaries and wages Maintenance of building and pool Other operating and administration costs Total fixed costs $4 per room-night $170,000 48,000 ei.2iinona 122,000 $340,000 The capital invested in the motel is $1,000,000.The partnership's target return on investment is 20%.Branch markup on full cost to earn the target return on investment. 1.What price should Branch charge for a room-night? What is the markup as a percentage of the full cost of a room-night? 2. Branch's market research indicates that if the price of a room-night determined in requirement 1 is re duced by 10%,the expected number of room-nights Branch could rent would increase by 10%.Should Branch reduce prices by 10%? Show your calculations.
1. To determine the price Branch should charge for a room-night, the following steps should be carried out:Calculating the variable costs per room-night: $4 x 16,000 = $64,000Calculating the total fixed costs: $170,000 + $48,000 + $122,000 = $340,000Calculating the total cost: Total variable costs + Total fixed costs = $64,000 + $340,000 = $404,000
Calculating the cost per room-night: Total cost / Number of room-nights = $404,000 / 16,000 = $25.25 markup on full cost to earn the target return on investment: 20% The markup as a percentage of the full cost of a room-night = 20% + 100% = 120% markup on full cost to earn the target return on investment. Therefore, the markup on the full cost to earn the target return on investment is 120% of the full cost of a room-night.2. To determine whether Branch should reduce prices by 10%, the following steps should be carried out:Calculating the original total revenue: Price per room-night x Number of room-nights = $25.25 x 16,000 = $404,000Calculating the new price per room-night after the 10% reduction: $25.25 - ($25.25 x 10%) = $22.73Calculating the new total revenue: New price per room-night x New number of room-nights = $22.73 x 17,600 = $399,728Calculating the percentage increase in total revenue: ((New total revenue - Original total revenue) / Original total revenue) x 100% = (($399,728 - $404,000) / $404,000) x 100% = -1.06%
Since the percentage increase in total revenue is negative, it means that reducing the price by 10% would decrease the total revenue. Therefore, Branch should not reduce prices by 10%.
To know more about Fixed cost visit-
https://brainly.com/question/30057573
#SPJ11
Researchers in the Office of the Parliamentary Budget Officer reported in 2018 that
a. the fiscal policies of most provincial and territorial governments would not affect their GDP-to-debt ratios. b. the fiscal policies of most provincial and territorial governments would reduce their debt-to-GDP ratios. c. the fiscal policies of most provincial and territorial governments would increase their GDP-to-debt ratios. d. the fiscal policies of most provincial and territorial governments would increase their debt-to-GDP ratios.
According to the researchers in the Office of the Parliamentary Budget Officer in 2018, the correct statement is option d. The fiscal policies of most provincial and territorial governments would increase their debt-to-GDP ratios.
In their report, the researchers analyzed the fiscal policies of provincial and territorial governments and their impact on the debt-to-GDP ratios. The debt-to-GDP ratio is a measure of a government's debt relative to its GDP and is an important indicator of a country's fiscal health.
Based on their analysis, the researchers concluded that the fiscal policies implemented by most provincial and territorial governments would result in an increase in their debt-to-GDP ratios. This means that the debt of these governments would increase at a faster rate compared to their GDP growth. This could be due to factors such as increased government spending, borrowing, or a combination of both.
It is important to note that this conclusion is specific to the fiscal policies of provincial and territorial governments at the time of the report. Fiscal policies can vary over time, and different governments may have different approaches to managing their debt and GDP growth. Therefore, it is essential to consider the context and the specific circumstances when evaluating the impact of fiscal policies on debt-to-GDP ratios.
Learn more about debt-to-GDP ratio
https://brainly.com/question/31065422
#SPJ11
The accounting system should ensure which of the following when paying bills? A) A hard copy of the bill has been received. B) Payments are made only for bona fide expenses incurred by the company. C) Bills are paid in a timely fashion. D) Payments are made only for bona fide expenses incurred by the company and Bills are paid in a timely fashion
The accounting system should ensure that payments are made only for bona fide expenses incurred by the company and that bills are paid in a timely fashion. Option D is correct.
The accounting system should ensure that payments for bills meet two key requirements:
Payments are made only for bona fide expenses incurred by the company: This means that the accounting system should have controls in place to verify that the bills being paid are legitimate and related to valid expenses of the company. It should prevent unauthorized or fraudulent payments and ensure that the company's funds are used appropriately.Bills are paid in a timely fashion: The accounting system should include procedures and processes that enable prompt payment of bills within the agreed-upon terms. Timely payment helps maintain good relationships with vendors, avoids late payment penalties, and ensures the smooth functioning of business operations.By incorporating these two aspects into the accounting system, companies can ensure that their bill payment process is effective, efficient, and aligned with good financial management practices. It promotes financial integrity, minimizes the risk of fraudulent or unauthorized payments, and maintains positive relationships with vendors and suppliers.
To learn more about accounting system, Visit:
https://brainly.com/question/26380452
#SPJ11
Of the following list of products, which would be considered a product idea? Multiple Choice "America Runs on Dunkin' O Sonos Wireless Speakers Siri, Apple's Virtual Assistant O Kindle Fire Tablet O Amazon Prime
The product idea among the given options would be the Kindle Fire Tablet. Here option C is the correct answer.
The Kindle Fire Tablet is a specific product that falls under the broader category of tablets. It is a device developed by Amazon that combines the functionalities of an e-reader and a tablet, offering features such as reading e-books, browsing the web, and accessing various applications. The Kindle Fire Tablet is known for its integration with Amazon's digital content ecosystem, allowing users to easily access and consume a wide range of digital media, including e-books, movies, TV shows, and music.
On the other hand, options A, B, and D do not represent product ideas but rather slogans or descriptions associated with existing products or services. "America Runs on Dunkin'" (Option A) is a slogan used by Dunkin' Donuts, a popular coffee and donut chain. "Sonos Wireless Speakers Siri, Apple's Virtual Assistant" (Option B) seems to describe a feature or integration of Sonos wireless speakers with Apple's virtual assistant, Siri.
Finally, "Amazon Prime" (Option D) refers to a subscription service provided by Amazon that offers benefits like fast shipping, streaming services, and more, but it is not a distinct product idea on its own.
To learn more about product ideas
https://brainly.com/question/29313944
#SPJ4
Complete question:
Of the following list of products, which would be considered a product idea? Multiple Choice
A - America Runs on Dunkin'
B - Sonos Wireless Speakers Siri, Apple's Virtual Assistant
C - Kindle Fire Tablet
D - Amazon Prime
For Rowan Company, sapenence has shows that payment for the credit sales is received as todows 10% in the month of sal 43% in the first month after sale, 5% in the second month after sale, and 2% uncolecti Company has budgeted the following credit sales turning the last four months of the year: September, $24,000 October, $17,000 November $20,000 December $32,000, How much sah con Roww Company expect to c November as a result of credit sales? CA $20.000 OB. $6,510 OF $150 OD $17,316 Test: Final Exam Chs 9,10,11,12 MC Question 2 of 22 This question: 2 point(s) possible For Rowan Company, experience has shown that payment for the credit sales is received as follows: 50% in the month of sale, 43% in the first month after sale, 5% in the second month after sale, and 2% Company has budgeted the following credit sales during the last four months of the year. September, $24,000, October, $17,000 November $20,000, December, $32,000 How much cash can Rowan Com in November as a result of credit sales?
The cash collections that Rowan Company can expect to receive in November as a result of credit sales is $21,170.
To determine the cash collections that Rowan Company can expect to receive in November as a result of credit sales, we need to calculate the cash collections for each month based on the given percentages and credit sales amounts.
The cash collections for each month can be calculated as follows:
September credit sales: $24,000
Cash collected in September (50%): $24,000 * 50% = $12,000
October credit sales: $17,000
Cash collected in October (50% for September sales + 43% for October sales): ($24,000 * 50%) + ($17,000 * 43%) = $12,000 + $7,310 = $19,310
November credit sales: $20,000
Cash collected in November (43% for September sales + 5% for October sales + 50% for November sales): ($24,000 * 43%) + ($17,000 * 5%) + ($20,000 * 50%) = $10,320 + $850 + $10,000 = $21,170
December credit sales: $32,000
Cash collected in December (5% for November sales + 2% uncollected): ($20,000 * 5%) + ($32,000 * 2%) = $1,000 + $640 = $1,640
Therefore, the cash collections that Rowan Company can expect to receive in November as a result of credit sales is $21,170.
Please note that the provided answer is based on the given percentages and credit sales amounts.
Learn more about sales here
https://brainly.com/question/7577387
#SPJ11
FILL THE BLANK. "Question 46
______, one of the management functions, empower(s)
group members to set objectives, develop plans, and make decisions.
This function involves members and makes sure they know the
objectiv"
The missing word in the given question is 'Leadership.'Leadership is one of the management functions that empower group members to set objectives, develop plans, and make decisions. This function involves members and makes sure they know the objectives of the organization.
The missing word in the given question is 'Leadership.'Leadership is one of the management functions that empower group members to set objectives, develop plans, and make decisions. This function involves members and makes sure they know the objectives of the organization.Leadership is one of the essential functions of management that helps to achieve organizational goals. A good leader motivates and inspires the group members to achieve their goals by setting objectives, developing plans, and making decisions. Leadership involves developing strategies, creating a vision, and inspiring the employees to work towards achieving organizational objectives.Leadership plays a crucial role in the success of any organization. A good leader has a vision and inspires the employees to work towards achieving that vision. A leader needs to communicate the organizational objectives to the employees and make sure that they understand the importance of achieving these objectives.A leader should be a good communicator and listener. They should encourage the employees to share their ideas and feedback. A leader should also provide feedback to the employees and help them to improve their performance. In addition to this, a leader should create a positive work environment and build a strong team.Leadership is not just about giving orders; it's about empowering the employees and helping them to grow. A good leader should provide opportunities for the employees to learn and develop their skills. A leader should also recognize the achievements of the employees and reward them for their performance.In conclusion, leadership is an essential function of management that empowers the employees to achieve organizational objectives. A good leader should inspire and motivate the employees, create a positive work environment, build a strong team, and provide opportunities for growth and development.
To know more Leadership visit:
https://brainly.com/question/32010814
#SPJ11
The following transactions take place in March 2017:
The owner starts the firm with $45,000 in cash on March 1, 2017.
A truck was bought for $21,000 cash on March 2, 2017.
Borrowed bank loan for $100,000 on March 3, 2017.
Rental received from a tenant for cash $900 on March 4, 2017.
Paid salaries by cash $4,000 on March 5, 2017.
The owner started the firm with $45,000 in cash, A truck was purchased for $21,000 cash, Bank loan of $100,000 was borrowed, Rental received from a tenant for cash $900 and Salaries were paid by cash, $4,000.
The transactions that took place in March 2017 are: March 1, 2017: The owner starts the firm with $45,000 in cash. March 2, 2017: A truck was purchased for $21,000 cash. March 3, 2017: Bank loan of $100,000 was borrowed. March 4, 2017: Rental received from a tenant for cash $900.March 5, 2017: The salaries were paid by cash, $4,000.Hence, the transactions are as follows:• The owner started the firm with $45,000 in cash.• A truck was purchased for $21,000 cash.• Bank loan of $100,000 was borrowed.• Rental received from a tenant for cash $900.• Salaries were paid by cash, $4,000.
To know more about cash visit:
https://brainly.com/question/31754110
#SPJ11
To record these transactions, Cash account, Truck account, Notes Payable account, Rental Income account, and Salaries account were used. The company had a net cash inflow of $21,900 in March 2017.
The following transactions take place in March 2017:The owner starts the firm with $45,000 in cash on March 1, 2017.A truck was bought for $21,000 cash on March 2, 2017.Borrowed bank loan for $100,000 on March 3, 2017.Rental received from a tenant for cash $900 on March 4, 2017.Paid salaries by cash $4,000 on March 5, 2017.To record the transactions in the books of accounts, the following accounts are involved:
Cash account, Truck account, Notes Payable account, Rental Income account, and Salaries account.
1. Record the transaction of March 1, 2017, in the books of accounts:
Cash account $45,000; Common Stock account $45,000
2. Record the transaction of March 2, 2017, in the books of accounts:
Truck account $21,000; Cash account $21,000
3. Record the transaction of March 3, 2017, in the books of accounts:
Cash account $100,000; Notes Payable account $100,000
4. Record the transaction of March 4, 2017, in the books of accounts:
Cash account $900; Rental Income account $900
5. Record the transaction of March 5, 2017, in the books of accounts:
Salaries account $4,000; Cash account $4,000
In March 2017, a total of five transactions took place. All of these transactions are cash-based, meaning that there were no accounts receivable or accounts payable transactions involved in these transactions. For the company's cash inflow, the first transaction was a capital injection of $45,000. On March 2, 2017, the company purchased a truck for $21,000, and on March 3, 2017, they borrowed $100,000 from the bank. On March 4, 2017, they received rental income of $900, and on March 5, 2017, they paid salaries of $4,000. In order to record these transactions in the books of accounts, we need to create different accounts such as cash account, Truck account, Notes Payable account, Rental Income account, and SalariesThe five transactions in March 2017 were all cash-based.These accounts will record the cash flow of the company and will give us an idea about the financial position of the company. The cash account is used to record all the cash inflows and outflows, and the Truck account will record the purchase of the truck. The Notes Payable account will record the loan taken from the bank. The Rental Income account will record the rental income received, and the Salaries account will record the salaries paid to the employees.
In conclusion, the company had a net cash inflow of $21,900 in the month of March 2017. The five transactions in March 2017 were all cash-based.
learn more about transactions here:
brainly.com/question/31884935
#SPJ11
he financial statements of Flathead Lake Manufacturing Company are shown below. Income Statement 2020 Sales Cost of Goods Sold Depreciation Expense Gross Profit Selling and Administrative Expenses EBIT Interest Expense Income before Tax Taxes Net Income $ 9,300,000 5,750,000 550,000 $ 3,000,000 2,200,000 $ 800,000 200,000 $ 600,000 375,000 $ 225,000 Flathead Lake Manufacturing Comparative Balance Sheets 2020 Cash $ 50,000 Accounts Receivable 570,000 Inventory 530,000 Total Current Assets $ 1,150,000 Fixed Assets 2,050,000 Total Assets $ 3,200,000 Accounts Payable $ 320,000 Bank Loans 480,000 Total Current Liabilities $ 800,000 Long-term Bonds 1,500,000 Total Liabilities $ 2,300,000 Common Stock (200,000 shares) 200,000 Retainded Earnings 700,000 Total Equity $ 900,000 Total Liabilities and Equity $ 3,200,000 2019 $ 40,000 600,000 460,000 $ 1,100,000 1,400,000 $ 2,500,000 $ 300,000 400,000 $ 700,000 1,000,000 $ 1,700,000 200,000 600,000 $ 800,000 $ 2,500,000
The company has managed to generate an income of $225,000, which is a considerable increase from $800,000 in 2019. The company has also seen an increase in its total assets and total equity in 2020.
Flathead Lake Manufacturing Company has reported a total income of $225,000, as stated in the net income in 2020. The company has managed to generate $9,300,000 in sales in 2020. The cost of goods sold has been $5,750,000, and the depreciation expense has been $550,000.The selling and administrative expenses are $2,200,000 and the EBIT or earnings before interest and taxes is $800,000. After accounting for interest expense of $200,000, the company has reported an income before tax of $600,000. After accounting for taxes of $375,000, the company has managed to earn a net income of $225,000 in 2020.As far as the balance sheet of Flathead Lake Manufacturing Company is concerned, there has been a considerable increase in the company’s cash from $40,000 in 2019 to $50,000 in 2020. The accounts receivable have increased from $600,000 in 2019 to $570,000 in 2020. The inventory of the company has increased to $530,000 in 2020 from $460,000 in 2019. The total current assets have increased from $1,100,000 in 2019 to $1,150,000 in 2020.The fixed assets of the company have increased to $2,050,000 in 2020 from $1,400,000 in 2019. The total assets of the company in 2020 have increased to $3,200,000 from $2,500,000 in 2019. The accounts payable have decreased from $400,000 in 2019 to $320,000 in 2020. The bank loans have increased to $480,000 in 2020 from $300,000 in 2019. The total current liabilities have increased to $800,000 in 2020 from $700,000 in 2019. The long-term bonds have remained the same at $1,500,000 in both 2019 and 2020.The total liabilities of the company in 2020 have increased to $2,300,000 from $2,000,000 in 2019. The common stock of the company in 2020 is the same as in 2019 at $200,000. The retained earnings have increased from $700,000 in 2019 to $900,000 in 2020. The total equity of the company in 2020 has increased to $900,000 from $800,000 in 2019. The total liabilities and equity of the company have increased to $3,200,000 in 2020 from $2,500,000 in 2019.In conclusion, Flathead Lake Manufacturing Company has shown an improvement in its income statement and balance sheet over the year 2020. The company has managed to generate an income of $225,000, which is a considerable increase from $800,000 in 2019. The company has also seen an increase in its total assets and total equity in 2020.
To know more about income visit :
https://brainly.com/question/31552040
#SPJ11
rocesses, formulas, methods, procedures, and lists are all examples of __________.
trademarks
service marks
trade secrets
copyrighted materials
Processes, formulas, methods, procedures, and lists are all examples of trade secrets.
A trade secret is a confidential business information that gives a company a competitive advantage over its competitors. The information is not generally known to the public, and the owner of the trade secret takes reasonable steps to keep it a secret. Trade secrets can be formulas, processes, methods, procedures, customer lists, or any other confidential information that a company uses to gain an advantage over its competitors. Unlike patents, which expire after a certain period of time, trade secrets can be kept confidential indefinitely, as long as the owner takes reasonable steps to protect them. Trade secrets can be an important asset for a company, and they are protected by law in most jurisdictions.
To know more about trade secrets visit:
https://brainly.com/question/32347270
#SPJ11
Over the last decade, your healthcare organization has seen a significant increase in cardiology patients and has now decided to build a new cardiology hospital. You have been commissioned to oversee this project. Over the last decade, your healthcare organization has seen a significant increase in cardiology patients and has now decided to build a new cardiology hospital. You have been commissioned to oversee this project.
Draw up a project plan following your analysis. Discuss the contents of the project management plan you would present to the healthcare organization management on the proposed project above
A project management plan includes a Gantt chart or timetable, a stakeholder or team chart, a risk assessment, a communication sub-plan, and a resource sub-plan.
Plans for the project cycle's phases and the actions that move a quality improvement project through them are organized using these plans. The problem creation, analysis, testing, implementation, sustainment, and spread phases of a general QI project cycle are also included.
The future is viewed, examined, and a future course of action is decided upon in advance as part of management planning examples. A yearly sales plan that is created based on projected future sales is an example of planning in the management process.
Learn more about project management here.
https://brainly.com/question/4475646
#SPJ4
A firm has a cost function c(L,K) = wL +rk with a production function p(L,K) = AL^α K^β. The firm wishes to produce P units. Setup the Lagrange equation and find the first order conditions.
To set up the Lagrange equation, we want to maximize the firm's profit subject to the production constraint.
The Lagrange equation incorporates the profit function, the production constraint, and the Lagrange multiplier (λ) to find the optimal values of inputs (L and K).
The profit function is given by:
π(L, K) = p(L, K) - c(L, K)
= AL^α K^β - (wL + rk)
The production constraint is:
p(L, K) - P = 0
AL^α K^β - P = 0
We introduce the Lagrange multiplier (λ) and set up the Lagrange equation as follows:
L(L, K, λ) = π(L, K) - λ(p(L, K) - P)
= AL^α K^β - (wL + rk) - λ(AL^α K^β - P)
To find the first-order conditions, we take the partial derivatives with respect to L, K, and λ and set them equal to zero:
∂L(L, K, λ)/∂L = αAL^(α-1) K^β - w - αλAL^(α-1) K^β = 0
∂L(L, K, λ)/∂K = βAL^α K^(β-1) - r - βλAL^α K^(β-1) = 0
∂L(L, K, λ)/∂λ = AL^α K^β - P = 0
Solving these equations simultaneously will give us the optimal values of L and K that maximize the firm's profit while satisfying the production constraint.
learn more about Lagrange here
https://brainly.com/question/30889108
#SPJ11
The fact that there is no government regulation in the Eurobond market Select one: a. exists because of the difficulty of regulating a multi-country market lowers the risk level of the bond O b. O c. makes Eurobonds less popular than foreign bonds d. substantially reduces the cost of issuing a bond Which of the following is a method used by some manufacturers to avoid paying high tariffs? Select one: a. assemble products in the target market b. ship products to fewer international locations c. employ highly skilled workers in the export location regardless of the cost O d. produce a large number of less expensive items in the target market Bambino's Benevolent Burgers (BBB) is an Alabama-based fast food chain with an increasing number of franchises worldwide, primarily in developed markets. They considering expansion into developing countries. BBB management wants to protect their intellectual property (preparation and ingredients. They contracted a security firm regarding their international exposure to potentially higher levels of risk. Which of the following will be of the most importance to them in their expansion planning? Select one: O a How are BBB franchisees modifying recipes and menus to meet the needs and desires of customers in local markets? O b. What should be the penalties for theft of the recipes for their unique burger sauces and specialty burger buns? Oc. Is BBB partnering with ethical franchisees that have no intention of becoming their competitors in the future? Od. What are the commonly counterfeited goods in theitr current key markets? Professor Raymond Vermon in his IPLC (International Product Life Cycle) observed that all products and their key manufacturing technologies, go through thre basic stages of evolution: Introduction, Maturity, and Select one: O a growth Ob. diversification C. decline Od standardization
The reason behind this is that Eurobonds are issued in a market without any government regulation. Thus, there are no rules or laws regarding the quality of the bond or the borrower.
In addition, since no taxes are levied on Eurobonds, the cost of issuing a bond is substantially reduced. As per the given question, the method used by some manufacturers to avoid paying high tariffs is to assemble products in the target market. By doing so, they will avoid paying import tariffs and taxes. The manufacturers will save the money that they would have had to spend on importing the products from another country. In the given scenario, if Bambino's Benevolent Burgers (BBB) want to protect their intellectual property (preparation and ingredients) during expansion planning, then it will be of the most importance to them to know about the penalties for theft of the recipes for their unique burger sauces and specialty burger buns.
In order to protect their intellectual property, BBB management must take steps to ensure that no one steals their recipes and buns. To do this, they must have a clear understanding of the penalties for such theft.
Read more about scenario here;https://brainly.com/question/30275614
#SPJ11
1.With the aid of practical examples, identify five problems one might encounter with the usage of project management tools and techniques. List the possible solutions for the stated problems.
2.Who gives authorisation in relation to changes in scope or implementation of systems and procedures in a project set-up?
1. Problems that can be encountered with project management tools and techniques:It is important to understand that project management tools and techniques are not perfect.
They are simply a means to an end. Here are some of the common problems that are encountered with project management tools and techniques:Communication: Poor communication between team members, project managers, stakeholders, and other involved parties can lead to a host of problems, such as missed deadlines, confusion, and frustration.Time Management: Time management is a critical component of any project. If team members are not able to effectively manage their time, the project may fall behind schedule, leading to missed deadlines and other problems.Resource Allocation: Resource allocation is another important aspect of project management. Without adequate resources, team members may struggle to complete tasks on time, which can lead to delays and other problems.Misunderstanding of Project Requirements: One of the biggest challenges in project management is ensuring that all team members are on the same page with regard to project requirements. This can be a particular problem when requirements are complex or difficult to understand.Technical Difficulties: Technical difficulties, such as software crashes, can derail a project if not addressed properly.Possible solutions for the stated problems:Communication: Use effective communication channels, such as meetings, emails, and phone calls, to keep everyone informed about project progress.Time Management: Develop a detailed schedule that outlines key tasks and deadlines.Resource Allocation: Use project management software to allocate resources more effectively.Misunderstanding of Project Requirements: Provide detailed documentation outlining project requirements and work with team members to ensure that everyone has a clear understanding of what is expected.Technical Difficulties: Have a backup plan in place to ensure that technical difficulties do not disrupt the project.2. Authorization in relation to changes in scope or implementation of systems and procedures in a project set-up can be given by the project sponsor. The project sponsor is the person who is ultimately responsible for the success or failure of the project. They are typically the highest-ranking executive involved in the project and are responsible for providing the necessary resources and support to ensure that the project is successful.
To know more about project management visit:
https://brainly.com/question/16927451
#SPJ11
It is about : Human Resources Management
Three VL HR officers got together and discussed how to get product consultants (full-time and part-time). Below is an excerpt from the conversation:
Jacky: The majority of our current product consultants are dependable and capable. They might know someone who is looking for work in VL.
Leo: What about the Phoenix University final-year students who will graduate soon?
Mars: I agree with Leo's points of view. What about Diamond University's first-year students? During spring break or summer vacation, they can work in VL.
The Human Resource management team is discussing ways to recruit product consultants, both full-time and part-time. In the conversation, Jacky suggests that they can utilize the current consultants who are dependable and skilled to recommend people who might be looking for work in VL.
On the other hand, Leo raises the question of whether the final-year students at Phoenix University who will soon graduate might be a good fit for the open positions. Mars suggests that the first-year students from Diamond University can be hired during their spring break or summer vacation. This could be a viable option for the organization to recruit and train new product consultants. In conclusion, the Human Resources Management team is using multiple options to recruit product consultants, both full-time and part-time, with the goal of bringing talented and dependable candidates on board. The team is leveraging current staff and utilizing educational institutions to achieve their goals.
To learn more about management, visit:
https://brainly.com/question/15249057
#SPJ11
An organization's public relations programs may vary by country depending on the culture, social mores, or political systems.
a. true
b. false
The statement is true. Public relations programs of an organization may differ significantly based on the cultural, social, and political differences across countries.
The way a message is conveyed or received may vary depending on the social context of the country. For instance, a marketing campaign that is well-received in one country might not get a similar response in another country due to differences in cultural values. Also, the political climate and regulatory environment of a country may impact how public relations strategies are formulated. Therefore, organizations must take these cultural, social, and political factors into account while devising their public relations strategies to communicate effectively with their target audience across different countries.
To know more about political differences visit:
https://brainly.com/question/20313749
#SPJ11
COVID-19 has generated significant instability and high volatility in global capital markets. The financial sector has been one of the most affected, with bank valuations dropping in all countries around the world. Banking stocks were impacted during COVID-19. In the period from 01 December 2019 to 30 April 2020 -- most banks saw a price slump in mid-March. European banks were adversely impacted as the Euro STOXX banks index saw a massive decline of 40.18 percent followed by STOXX North America 600 banks index (31.23 percent) and STOXX Asia/Pacific 600 Banks Index (26.09 percent) for the given period.
Q1) List 10 investment banking activities.
Q2) List one example of conflict of interest in investment banking. What type of
investment bank is least likely to be suffering from this problem?
Q3) What are the differences between commercial and investment banking?
Q4) How can the combination of investment banking and commercial banking
affect banking industry?
European banks were hit the hardest, with the Euro STOXX banks index experiencing a massive decline of 40.18 percent. This market volatility affected investment banking activities.
Mergers and acquisitions advisory ,Underwriting and issuing , securities Initial public offerings (IPOs),Private placements, Debt and equity financing, Corporate restructuring, Financial advisory services, Risk management and hedging strategies, Asset management, Trading and brokerage services. A conflict of interest can arise when an investment bank provides biased advice to clients in order to benefit its own financial interests. For example, an investment bank may recommend a particular security or investment product to its clients because it has a financial stake in the success of that security.
Commercial banking primarily deals with accepting deposits, providing loans, and offering basic financial services to individual customers and businesses. Commercial banks focus on managing deposits, lending money, and providing various banking services such as checking accounts, savings accounts, and payment processing.
Learn more about European banks click here brainly.com/question/30882539
#SPJ11
firm x has a tax rate of 32. the price of its new preferred stock is 67 and its flotation cost is %3.15. The cost of new preferred stock is 12%. What is the firm's dividend?
The firm's dividend is $14.96.
Preferred stock is a class of ownership in a corporation that has a higher claim on its assets and earnings than common stock. Preferred shareholders have priority over common shareholders when it comes to dividends and liquidation, but they typically don't have voting rights like common shareholders do. The dividend on preferred stock is typically calculated as a fixed percentage of the par value of the stock, so in this case, the dividend would be:
Dividend = Preferred stock price * Dividend rate
The dividend rate can be calculated using the cost of new preferred stock and the flotation cost. The cost of new preferred stock is 12%, and the flotation cost is 3.15%, so the total cost of the preferred stock is:
Total cost = Cost of new preferred stock + Flotation cost
Total cost = 12% + 3.15%
Total cost = 15.15%
The dividend rate can be calculated as the cost of the preferred stock divided by (1 - tax rate). The tax rate is given as 32%, so:
Dividend rate = Total cost / (1 - Tax rate)
Dividend rate = 15.15% / (1 - 0.32)
Dividend rate = 22.31%
Finally, the dividend can be calculated using the preferred stock price and the dividend rate:
Dividend = Preferred stock price * Dividend rate
Dividend = $67 * 22.31%
Dividend = $14.96
Therefore, the firm's dividend is $14.96.
To learn more about dividend, visit the link below
https://brainly.com/question/28392301
#SPJ11
what type of client is ideally suited for stage 2 training around vt1?
In stage 2 of training, it is ideal to train clients who are already quite fit and able to handle intense exercise. The target heart rate zone during this stage is VT1, which is around 80% of maximum heart rate.
Clients who have already been exercising regularly and have built up a good level of cardiovascular fitness are ideal candidates for stage 2 training around VT1.These clients will be able to handle longer periods of exercise at a high intensity, and will see the most benefits from this type of training. Stage 2 training around VT1 is focused on building endurance and improving cardiovascular fitness, so clients who are training for endurance sports such as running, cycling or triathlons will benefit greatly from this type of training.Other clients who may be suited to stage 2 training around VT1 include those who are training for a specific event or competition, such as a marathon, triathlon or ironman. These clients may need to build up their endurance levels in order to be successful in their event, and stage 2 training can help them achieve this.However, it is important to note that not all clients will be suited to stage 2 training around VT1. Clients who are new to exercise or who have not exercised regularly in the past may not be able to handle this level of intensity, and may be better suited to stage 1 training. Additionally, clients with certain medical conditions or injuries may not be able to safely participate in stage 2 training, and should be advised to seek medical clearance before beginning any exercise program.
To know more about clients visit:
https://brainly.com/question/29051195
#SPJ11
CPA Paper Company manufactures paper products that are especially designed for drawing T-accounts and preparing general ledgers. The T-accounts and general ledgers drawn on this type of paper appear crisper and more clear, aiding in the important job of keeping "clean" accounting records. On January 2, 2015, the company issued $1,500,000 of 10% bonds at 97 due December 31, 2024. Interest on the bonds is payable annually each December 31. The discount on the bonds is amortized on a straight-line basis over the 10 years. The bonds are callable at 101 (i.e., at 101% of face amount), and on January 2, 2020, the company called $900,000 face amount of the bonds and redeemed them. Part 1: Ignoring income taxes, compute the amount of gain or loss to be recognized by the company as a result of retiring the $900,000 of bonds in 2020. Part 2: Prepare the journal entry to record the redemption.
Part -1 The gain or loss recognized is the difference between the amount paid to retire the bonds and the carrying value of the bonds, which is a loss of $31,500 ($877,500 - $909,000). Part-2 The journal entry to record the redemption is mentioned below.
Part 1: The amount of gain or loss recognized by the company as a result of retiring the $900,000 of bonds in 2020 can be calculated by comparing the carrying value of the bonds (after amortization) with the amount paid to retire them.
To calculate the carrying value of the bonds, we need to determine the unamortized discount on the bonds as of January 2, 2020. The bonds were issued at a discount of 3% (100% - 97%), which amounts to $45,000 ($1,500,000 x 3%). Since the discount is amortized on a straight-line basis over 10 years, the annual amortization expense is $4,500 ($45,000 / 10).
As of January 2, 2020, the bonds have been outstanding for 5 years (2015 to 2019). Therefore, the unamortized discount is $22,500 ($4,500 x 5).
The carrying value of the bonds is the face amount minus the unamortized discount, which is $877,500 ($900,000 - $22,500).
The amount paid to retire the bonds is $909,000 ($900,000 face amount x 101%).
The gain or loss recognized is the difference between the amount paid to retire the bonds and the carrying value of the bonds, which is a loss of $31,500 ($877,500 - $909,000).
Part 2: The journal entry to record the redemption of the bonds would be as follows:
Debit: Bonds Payable ($900,000)
Debit: Loss on Bond Redemption ($31,500)
Credit: Cash ($909,000)
This entry reflects the retirement of the bonds at a loss of $31,500 and the payment made to redeem them with cash.
Learn more about carrying value
https://brainly.com/question/27300660
#SPJ11
Which of the following yield curves generally implies a normal healthy economy?
positive slope
hump-shaped curve
negative slope
flat
A positive slope yield curves generally implies a normal healthy economy: positive slope, hump-shaped curve, negative slope, or flat.
Answer: A positive slope.
Explanation:
A yield curve represents the relationship between the interest rates and the time to maturity of debt securities, typically government bonds. It provides insights into market expectations of future interest rates and reflects the overall economic conditions.
In a normal healthy economy, a yield curve with a positive slope is generally observed. A positive slope indicates that long-term interest rates are higher than short-term interest rates. This yield curve shape is often referred to as a "normal" yield curve.
A positive slope yield curve implies several favorable conditions in the economy. It suggests that investors expect future economic growth and inflation to be moderate. They anticipate higher interest rates in the future due to expectations of improved economic conditions, leading to higher demand for borrowing and increased investment activities.
Furthermore, a positive slope yield curve supports healthy lending and borrowing activities, as it provides an incentive for banks and financial institutions to lend long-term funds at higher interest rates. This promotes investment, business expansion, and overall economic growth.
Therefore, a positive slope yield curve generally implies a normal healthy economy.
To know more about interest visit-
brainly.com/question/32240354
#SPJ11
Include the description of the actual Americans with Disabilities Act. Discuss exactly what is covered and (if appropriate) what is not covered by the Americans with Disabilities Act. Demonstrate to the reader a comprehensive understanding of the Americans with Disabilities Act.
The Americans with Disabilities Act (ADA) is a comprehensive civil rights law that prohibits discrimination against individuals with disabilities in various areas of life, including employment, public accommodations, transportation, and telecommunications.
What does the Americans with Disabilities Act cover?The Americans with Disabilities Act (ADA) is a landmark legislation that provides legal protection and equal opportunities for individuals with disabilities. It covers a wide range of areas to ensure that people with disabilities are not discriminated against and have equal access to employment, public services, transportation, and communication.
The ADA prohibits discrimination in employment, ensuring that individuals with disabilities have equal opportunities in recruitment, hiring, promotions, and benefits. It also requires employers to provide reasonable accommodations to enable employees with disabilities to perform their job duties.
In terms of public accommodations, the ADA mandates that businesses, government agencies, and non-profit organizations that serve the public must make their facilities and services accessible to individuals with disabilities. This includes making physical modifications, providing auxiliary aids and services, and removing barriers that would otherwise prevent equal access.
Transportation is another key aspect covered by the ADA. It requires public transportation systems to be accessible to individuals with disabilities, including accessible buses, trains, and stations. It also ensures that private transportation providers, such as taxi companies, offer services to individuals with disabilities on an equal basis.
Additionally, the ADA addresses telecommunications, requiring telecommunication companies to provide relay services for individuals with hearing or speech impairments. It also mandates accessible telephone equipment and ensures that emergency services are accessible to individuals with disabilities.
While the ADA provides comprehensive protections, there are some limitations to its coverage. For instance, it does not cover private residences or certain religious organizations. It also does not protect individuals who are currently engaging in illegal drug use or individuals whose disabilities pose a direct threat to their own or others' safety.
Learn more about Disabilities Act
brainly.com/question/32550020
#SPJ11
Easy Over Eggs Limited (EOEL) has been paying a regular cash dividend of $1.50 per share each year for over a decade. They are paying out all their earnings as dividends and they are not expected to grow. There are 6,000,000 shares outstanding selling for $28 per share. EOEL have sufficient cash on hand to pay the next annual dividend. Suppose that, staring in year 1, EOEL decide to cut its cash dividend to zero and announce that they will repurchase shares instead. a) What is the immediate stock price reaction? Ignore taxes, and assume that the repurchase program conveys no information about operating profitability or business risk. b) How many shares will EOEL purchase?
a) The immediate stock price reaction is uncertain.
The immediate stock price reaction to the announcement of cutting the cash dividend to zero and initiating a share repurchase program can vary. While some investors may see this as a positive signal, expecting increased value through reduced share supply and potentially higher future dividends, others may view it negatively as a reduction in current income. Therefore, the immediate stock price reaction is uncertain and can be influenced by market sentiment and investor perception.
b) EOEL will purchase 321,428.57 shares.
To calculate the number of shares EOEL will purchase, we need to determine the total amount of cash available for repurchases. Since EOEL was previously paying a dividend of $1.50 per share, and they have 6,000,000 shares outstanding, the total dividend payout was:
Dividend Payout = Dividend per Share * Number of Shares = $1.50 * 6,000,000 = $9,000,000
This amount represents the cash available for repurchases. Given that the current stock price is $28 per share, EOEL can calculate the number of shares to be repurchased as follows:
Number of Shares Repurchased = Cash Available for Repurchases / Stock Price = $9,000,000 / $28 ≈ 321,428.57 shares
Therefore, EOEL will purchase approximately 321,428.57 shares. However, since fractional shares are not possible, the actual number of shares repurchased will be rounded down to the nearest whole number.
LEARN MORE ABOUT stock here: brainly.com/question/31941564
#SPJ11
Supply Chain Management
Analyzing an existing logistics process and suggest improvement
for DECATHLON company
Supply chain management is the coordination of activities involved in the production and delivery of goods and services. It includes planning, sourcing, manufacturing, and delivering products to customers.
Supply chain management involves the optimization of all activities that contribute to the production and delivery of products to customers. Analysis of the current logistics process in DECATHLON and suggestions for improvement: The current logistics process in DECATHLON can be analyzed by identifying the current challenges, assessing the current processes, and recommending improvements. One of the most significant challenges faced by DECATHLON in their logistics process is the delay in delivery to customers. To overcome this challenge, DECATHLON can adopt the following measures:
1. Use of technology: DECATHLON can implement the use of technology in their logistics process to monitor and track the movement of goods from the warehouse to the customer. This will help to ensure timely delivery of goods to customers.
2. Optimization of transportation: DECATHLON can optimize their transportation process by using the most efficient routes and modes of transportation. This will help to reduce the time taken to deliver goods to customers.
3. Collaboration with suppliers: DECATHLON can collaborate with their suppliers to ensure timely delivery of goods. This will help to avoid delays in the logistics process and ensure timely delivery of goods to customers.
4. Implementation of a Just-in-time (JIT) inventory system: DECATHLON can implement a JIT inventory system to reduce inventory holding costs and ensure timely delivery of goods to customers. This system ensures that goods are delivered to customers as soon as they are needed, without delays.
DECATHLON can adopt these measures to improve their logistics process and ensure timely delivery of goods to customers.
Learn more about Supply chain management here :-
https://brainly.com/question/31978808
#SPJ11