Answer:
the amount of the pension plan assets at year-end $340 million
Explanation:
The computation of the pension plan assets at year end is shown below:
Plan asset beginning of year $320 million
Add: Actual return(5%×320) $16 million
Add: Cash contribution $18 million
Less Retiree benefits ($14 million)
End of year pension plan asset $340 million
Hence, the amount of the pension plan assets at year-end $340 million
The same is considered and relevant too
MacKenzie Company sold $680 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 4.0% service charge for sales on its credit cards. MacKenzie electronically remits the credit card sales receipts to the credit card company and receives payment immediately. The journal entry to record this sale transaction would be:
Answer:
Total Sales value = $680
Service charge percentage = 4%
Credit card expenses = Total Sales Value * Service Charge percentage = $680 * 4% = $27.20
Net amount received from credit card company = Total sales value - Credit card expenses = $680 - $27.20 = $652.80
The Journal entry to record sale transaction would be will be as follows:
Date Particulars Debit Credit
Cash or Bank $652.80
Credit card expenses $27.20
Sales $680
(Being sales made through card)
Which of the following is the most profitable investment for a candy shop that earns $1 profit per pound of candy? (5 points) Group of answer choices:
Worker at $10 per hour, producing eight pounds of candy per hour
Worker at $12 per hour, producing 16 pounds of candy per hour
Machine with $5 per hour operating cost, producing 10 pounds of candy per hour Machine with $8 per hour operating cost, producing 14 pounds of candy per hour
Worker at $12 per hour, producing 16 pounds of candy per hour
Answer:
Worker at $12 per hour, producing 16 pounds of candy per hour
Explanation:
Which of the following is the correct formula for the materials price variance?
a) (Actual price of input - Budgeted price of input) Ã Budgeted quantity of input
b) (Actual quantity of input used - Budgeted quantity of input allowed for actual output) Ã Budgeted price of input
c) (Actual price of input - Budgeted price of input) Ã Actual quantity of input
d) (Actual quantity of input used - Budgeted quantity of input allowed for actual output) Ã Actual price of input
Answer:
c) (Actual price of input - Budgeted price of input) × Actual quantity of input
Explanation:
Material Price Variancecan be regarded as difference that exist between standard price and actual price as regards the actual quantity of materials that is been utilized for production. Reason for material price variance are poor purchasing procedures was well as deficiencies in price negotiation. It should be noted that the formula for the materials price variance is [(Actual price of input - Budgeted price of input) × Actual quantity of input]
7 reasons why businesses should be aware of the political legal environment
Answer:
7 reasons why businesses should be aware of the political legal environment are as follows:
1- Businesses do not cease to be part of a much larger environment, which is the nation as a whole, with which what happens in it will affect business to a greater or lesser extent.
2- Many times, the political interests of certain sectors can favor or harm certain businesses, with which businessmen must be attentive to those interests.
3- Politicians are the ones who give confidence in the country to foreign investors, with which their policies can increase or restrict competition from local investors.
4- The generation of employment that arises from a favorable political and legal environment means that businesses have the necessary workforce to maximize their production.
5- The political and economic stability allows the reinvestment of the profits of the entrepreneurs and their businesses.
6- The existence of productive development plans and other subsidies to productive companies can be used by businesses as a government aid to maximize their production.
7- In short, the stability of the nation will make it easier for businesses to prosper, while political stability usually entails economic stability.
The nations of Pamland and Lillytonia can produce two goods, DVD
players and wheat. In a single year, Pamland can produce 150 DVD players
or 300 bushels of wheat and Lillytonia can produce 200 DVD players or
600 bushels of wheat. Which of the following deals would Pamland and
Lillytonia be willing to accept? *
A) There are no deals for trade that Lillytonia would be willing to accept because
Lillytonia could make more of both goods.
B) Lillytonia sells 1/4 bushels of wheat to Pam and gets 1 DVD player in return.
C) Lillytonia sells 4 bushels of wheat to Pam and gets 1 DVD player in return.
D) Lillytonia sells 2.5 bushels of wheat to Pam and gets 1 DVD player in return.
D) Lillytonia sells 2/5 bushels of wheat to Pam and gets 1 DVD player in return
Answer:
The best deal would be option B) that is
Lillytonia sells 1/4 bushels of wheat to Pam land and gets 1 DVD player in return.
Explanation:
STEP 1
The output of DVD per unit of labor for Pamland = 150.
The output of Bushels of wheat per unit of labor for Pamland= 300.
The output of DVD per unit of labor for Lillytonia = 200.
The output of Bushels of wheat per unit of labor for Lillytonia= 600.
STEP 2
To calculate the comparative advantage, we use the following formula:
Comparative Advantage = DVD Output / Wheat Output
STEP 3
In Pamland, the opportunity cost, or the comparative advantage, of DVD is
300 / 150 = 2 bushels of wheat.
The opportunity cost of wheat in Pamland is 120/ 300 = 0.5 DVDs.
In Lillytonia the opportunity cost, or comparative advantage, of DVD is 600/200 = 3 bushels of wheat, while
The opportunity cost of wheat in Lillytonia is 200/600 = 1/3 or 0.33333 DVDs
STEP 4
As is clear from the calculations, Pamland should produce more wheat because it has the lower opportunity cost during production 2 against 3 for Lillytonia. Conversly, Lillytonia has the lowest opportunity cost for the production of DVD clocking 1/3 against a higher 1/2 for Pamland.
The countries should therefore trade in such a way that Pamlan is selling it's Wheat while Lillytonia is selling it's DVDs.
STEP 5
Given that Pamland's 2 bushels of wheat will cost it 0.5 DVDs, 4 bushels will thus cost it 1 DVD. It is impracticable (in any case) to have 1/2 of a DVD player.
Cheers
Brenda, a self-employed taxpayer, travels from Chicago to Barcelona (Spain) on business. She is gone 10 days (including 2 days of travel) during which time she spends 5 days conducting business and 3 days sightseeing. Her expenses are $1,500 (airfare), $200 per day (meals), and $400 per night (lodging). Because Brenda stayed with relatives while sightseeing, she only paid for 5 nights of lodging. What is Brenda's deduction for: If required, round your answers to the nearest dollar.
Answer:
Airfare $1,050
Meals $700
Lodging $2,000
Explanation:
Calculation to determine Brenda's deduction
a. Calculation to determine Brenda's deduction for Airfare
Airfare=(70% × $1,500)
Airfare=$1,050
Therefore Brenda's deduction for Airfare is $1,050
b.Calculation to determine Brenda's deduction for Meals
Meals=[(200/2)*7]
Meals=$700
Therefore Brenda's deduction for Meals is $700
c.Calculation to determine Brenda's deduction
for Lodging
Lodging= [400*5]
Lodging=$2,000
Therefore Brenda's deduction
for Lodging is $2,000
Stork Associates paid $65,400 for a 20-seat skybox at Veterans Stadium for eight professional football games. Regular seats to these games range from $55 to $165 each. At one game, an employee of Stork entertained 18 clients. Stork furnished food and beverages for the event at a cost of $2,200. The game was preceded by a bona fide business discussion, and all expenses are adequately substantiated.
a. Stork can deduct $ for this event.
b. If there was no bona fide business discussion either preceding or after the event, there is and the deduction would be $.
Answer: a. $1100
b. $0
Explanation:
It should be noted that according to IRS, 50% of the expenses on business meals will be deducted by tax payers when some conditions are met such as:
• Expenses incurred shouldn't be costly or extravagant.
• Expenses are necessary.
• Expenses on meal were incurred separately from expenses on entertainment.
• The taxpayer was present there when the expenses were incurred.
Based on the above,
a. The amount that Stork can deduct will be:
= 50% × $2200
= 0.5 × $2200
= $1100
b. If there was no bona fide business discussion either preceding or after the event, the deduction will be $0 because in such case, no expenses were incurred on food or entertainment.
Bunker Hill Mining Company has two competing proposals: a processing mill and an electric shovel. Both pieces of equipment have an initial investment of $750,000. The net cash flows estimated for the two proposals are as follows:
The estimated residual value of the processing mill at the end of Year 4 is $280,000.
Present Value of $1 at Compound Interest
Year 6% 10% 12% 15% 20%
1 0.943 0.909 0.893 0.870 0.833
2 0.890 0.826 0.797 0.756 0.694
3 0.840 0.751 0.712 0.658 0.579
4 0.792 0.683 0.636 0.572 0.482
5 0.747 0.621 0.567 0.497 0.402
6 0.705 0.564 0.507 0.432 0.335
7 0.665 0.513 0.452 0.376 0.279
8 0.627 0.467 0.404 0.327 0.233
9 0.592 0.424 0.361 0.284 0.194
10 0.558 0.386 0.322 0.247 0.162
Determine which equipment should be favored, comparing the net present values of the two proposals and assuming a minimum rate of return of 15%. Use the present value table appearing above. If required, round to the nearest dollar.
Processing Mill Electric Shovel
Present value of net cash flow total $ $
Less amount to be invested $ $
Net present value $ $
Answer:
the processing mill h as a higher NPV and it would be more preferred
Explanation:
Here are the cash flows
Net Cash Flow
Year Processing mill Electric Shovel
1 310000 330000
2 260000 325000
3 260000 325000
4 260000 320000
5 180000
6 130000
7 120000
8 120000
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.
When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable
Processing Mill
Cash flow in year 0 = $-750,000.
Cash flow in year 1 = 310000
Cash flow in year 2 = 260000
Cash flow in year 3 = 260000
Cash flow in year 4 = 260000
Cash flow in year 5 = 180000
Cash flow in year 6 = 130000
Cash flow in year 7 = 120000
Cash flow in year 8 = 120000
I = 10 %
NPV = 265,807.69
Electric shovel
Cash flow in year 0 = $-750,000.
Cash flow in year 1 = 330,000
Cash flow in year 2 = 325,000
Cash flow in year 3 = 325,000
Cash flow in year 4 = 320,000
I = 10%
NPV = 179,357.03
The NPV of the processing mill is higher and would be more preferred
To find the NPV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Stock in CDB Industries has a beta of 1.10. The market risk premium is 7 percent, and T-bills are currently yielding 4 percent. The most recent dividend was $3.40 per share, and dividends are expected to grow at an annual rate of 5 percent indefinitely. The stock sells for $56 per share. Using the CAPM, what is your estimate of the company's cost of equity
Answer:
Cost of equity = 11.7%
Explanation:
The capital asset pricing model is a risk-based model. Here, the return on equity is dependent on the level of reaction of the the equity to changes in the return on a market portfolio. These changes are captured as systematic risk. The magnitude by which a stock is affected by systematic risk is measured by beta.
Under CAPM, Ke= Rf + β(Rm-Rf)
Rf-risk-free rate,-4%, β= Beta-1.10, (Rm-Rf) = 7% ,Ke = cost of equity
Using this model,
Ke=4% + 1.10×7%
= 11.7 %
Cost of equity = 11.7%
Suresh Co. expects its five departments to yield the following income for next year. Dept. MDept. NDept. ODept. PDept. TTotal Sales $82,000 $44,000 $78,000 $65,000 $43,000 $312,000 Expenses Avoidable 17,300 45,400 18,000 21,500 51,300 153,500 Unavoidable 57,800 21,600 5,700 54,300 20,300 159,700 Total expenses 75,100 67,000 23,700 75,800 71,600 313,200 Net income (loss) $6,900 $(23,000) $54,300 $(10,800) $(28,600) $(1,200) Recompute and prepare the departmental income statements (including a combined total column) for the company under each of the following separate scenarios
(1) Management eliminates departments with expected net losses.
DEPARTMENTS WITH EXPECTED NET LOSSES ELIMINATED
Dept. M Dept. N Dept. O Dept. P Dept. T Total
Sales
Expenses:
Avoidable
Unavoidable
Total expenses
Net income (loss) $0 $0 $0 $0 $0 $0
(2) Management eliminates departments with sales dollars that are less than avoidable expenses.
DEPARTMENTS WITH LESS SALES THAN AVOIDABLE EXPENSES ELIMINATED
Dept. M Dept. N Dept. O Dept. P Dept. T Total
Sales
Expenses:
Avoidable
Unavoidable
Total expenses
Net income (loss) $0 $0 $0 $0 $0 $0
Answer:
(1) Because of the eliminations of Dept. N, Dept. P, and Dept. T, we have:
Total net loss = $35,000
(2) Because of the eliminations of Dept. N, and Dept. T, we have:
Total net income = $8,500
Explanation:
(1) Management eliminates departments with expected net losses.
Note: See answer (1) in the attached excel file for the eliminated departments (in red color).
From the answer (1) in the attached excel, the eliminated departments base on this are Dept. N, Dept. P, and Dept. T.
It can be seen from the answer (1) in the attached excel that because of the eliminations of Dept. N, Dept. P, and Dept. T, we have:
Total net loss = $35,000.
(2) Management eliminates departments with sales dollars that are less than avoidable expenses.
Note: See answer (2) in the attached excel file for the eliminated departments (in red color).
From the answer (2) in the attached excel, the eliminated departments base on this are Dept. N, and Dept. T.
It can be seen from the answer (2) in the attached excel that because of the eliminations of Dept. N, and Dept. T, we have:
Total net income = $8,500
You are looking to purchase a new car, and you expect to have annual maintenance costs to keep it running. According to your calculations, you expect to incur $150 maintenance costs in the first year and expect the costs to increase by $100 for the next 7 years. You plan to keep the car for 8 years in total. How much money should you have in your savings account today, so that you do not have to worry about maintenance? The savings account pays 2% per year, compounded annually.
Answer:
I should have $11,554.94 in my savings account today.
Explanation:
This can be calculated using the formula for calculating the present value (PV) of a growing annuity as follows:
PVga = (P / (r - g)) * (1 – ((1 + g) / (1 + r))^n) .................... (1)
Where;
P = maintenance costs in the first year = $150
r = interest per year = 2%, or 0.02
g = growth rate of maintenance costs = Expected annual increase in maintenance costs / maintenance costs in the first year = $100 / $150 = 0.666666666666667
n = useful life = 8
Substituting the values into equation (1), we have:
PVga = (150 / (0.02 - 0.666666666666667)) * (1 - ((1 + 0.666666666666667) / (1 + 0.02))^8)
PVga = 11,554.94
Therefore, I should have $11,554.94 in my savings account today.
On January 1, 2020, Jacobs Company sells land financed through an $80,000 note, issued by Andress Company. The note is an $80,000, 8%, annual interest-bearing note. Andress agrees to repay the $80,000 proceeds on December 31, 2021. The prevailing interest rate on similar notes is 11%. Assume that the cost of the land is equal to the fair value of the note.
Required:
Prepare all entries for Jacobs over the note term, including any year-end adjustments. Use the effective interest method to amortize the discount.
Answer:
Entries are shown below.
Explanation:
To record the journal entries, we first need to calculate interest payment and principal as per the present value. This is done below:
PV Factor Present Value
Interest Payment $6,400 1.7125 $10,960
Principal $80,000 0.8116 $64,928
$75,888
Journal Entries
Date Particular Debit ($) Credit ($) Working
Jan 1, 2020 Note Receivable 80,000
Discount on Receivable 4,112
Land 75,888
Dec 31, 2020 Cash 6,400
Discount on Receivable 1,948 (8348-6400)
Interest Revenue 8,348 (75888*11%)
Dec 31, 2021 Cash 6,400
Discount on Receivable 2,162 (4279-3600)
Interest Revenue 8,562
(75888+1,948)*11%
Dec 31, 2021 Cash 80,000
Notes Receivable 80,000
There are assumptions that currently and in the past alcohol and cigarettes advertisements were responsible for a very large percentage of sports bill boards in Namibia. What explanation can you offer for why these products are used to dominate the sports bill boards medium. Discuss with clear examples
Answer:
The advertisements make both drinking and smoking appear like casual and ordinary activities. The adverts function as a superpower by negligibly pressuring sports prayers and fans to consume alcohol and cigarettes. For instance, the adverts have messages to encourage viewers to us beer and switch to become champions like a winning football club.
Explanation:
How will South Africa benefit from the BRICS membership?
Marketers segment markets to achieve which of the following objectives?
a. To create an offer that best fits the desires of the groups that exist in the market
b. To identify the most appropriate media for advertising,
C. To better understand their target segments.
→Marketers segment markets to achieve which of the following objectives?
Choices:a. To create an offer that best fits the desires of the groups that exist in the market.
b. To identify the most appropriate media for advertising,
C. To better understand their target segments.
Answer:a. To create an offer that best fits the desires of the groups that exist in the market.Explanation:→marketing efficiency by directing effort specifically toward the designated segment in a manner consistent with that segment's characteristics.
#BrainliestBunch
After a devastating hurricane, households try to secure loans to repair and rebuild. Other things equal, this would lead toan increase in interest rates of home repair loans as the demand for those loans increased.an increase in interest rates of home repair loans as the demand for those loans increased.an increase in interest rates of home repair loans as the supply for those loans decreased.an increase in interest rates of home repair loans as the supply for those loans decreased.a decrease in interest rates of home repair loans as the supply for those loans increased.
Answer:
Other things equal, this would lead to:
an increase in interest rates of home repair loans as the demand for those loans increased.
Explanation:
With an increase in the demand for house repair loans, as a result of the devastation wrought by the hurricane, the rate of interest on loans normally increases with demand. The concept of scarcity of loanable funds (or limited resources) is the root cause of this increase in house loan rate. The reverse becomes the case when there is a decrease in demand.
what is the meaning of life
Answer:
To be totally honest... I cant tell you. All I know so far is that you are born to die
Explanation:
Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $190,000 of raw materials on credit; issued materials to production of $213,000 of which $12,000 were indirect. Minstrel incurred a factory payroll of $157,000, of which $22,000 was indirect labor. Minstrel uses a predetermined overhead rate of 150% of direct labor cost. The total manufacturing costs added during the period is: Multiple Choice $571,500. $593,500. $605,500. $538,500. $550,500.
Answer:
$538,500
Explanation:
Calculation to determine what The total manufacturing costs added during the period is:
Total manufacturing costs=($213,000-$12,000)+($157,000-$22,000)+($157,000-$22,000*1.5)
Total manufacturing costs=$201,000 + $135,000 + ($135,000 × 1.5)
Total manufacturing costs=$201,000 + $135,000+$202,500
Total manufacturing costs= $538,500
Therefore The total manufacturing costs added during the period is: $538,500
What is the best way to deal with a negative experience with a past employer or job if it comes up during your interview?
The best way to deal with a negative experience with a past employer or job is to answer honestly and briefly as possible without appearing to avoid the question.
What do you mean by Negative experience?A negative experience is an unpleasant, depressing, or harmful situation. Research says that negative experiences can help to boost meaning because they cause comprehension.
Try to use impartial language and end on a positive note if possible. You might include some positive experiences, something that you learned from the experience that will prove valuable for the current position you are seeking.
Provide a brief overview of your former employment, including how long you were working there, your duties, and any transferable skills you gained.
Therefore, Rather than complaining focus on your goals.
Learn more about Negative experience, here;
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What does "opting out" enable people to do?
A. It allows them to sue companies who use deceptive advertising
techniques.
B. It allows them to let companies know that they do not want them
to share certain information with third parties.
C. It allows them to safeguard their children against hazardous
products.
D. It allows them to rest assured that they won't be discriminated
against when applying for employment.
Answer:
It allows them to let companies know that they do not want them to share certain information with third parties.
Explanation:
"Opting-out" allows people to let companies know that they do not want them to share certain information with third parties. Thus, the correct answer is option (B).
What is opting-out?A person must actively take steps to withdraw their consent for something in order to opt-out. For instance: The user must consciously check the boxes above if they do not want to receive any additional communications. They can opt-in by doing nothing.
There are a number of ways for people to opt out of getting unwanted information about goods or services. This choice is frequently connected to direct marketing initiatives like e-mail or direct mail marketing.
Therefore, people can let companies know that they do not want them to share certain information with third parties by opting out .
To learn more on opting out, here:
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On December 1, 2021, Coronado Industries exchanged 48000 shares of its $10 par value common stock held in treasury for a used machine. The treasury shares were acquired by Coronado at a cost of $45 per share, and are accounted for under the cost method. On the date of the exchange, the common stock had a fair value of $60 per share (the shares were originally issued at $35 per share). As a result of this exchange, Coronado's total stockholders' equity will increase by
Answer:
$2,880,000
Explanation:
Calculation to determine what Coronado's total stockholders' equity will increase by
Increase in total stockholders' equity =[(48000*45)-(48000 * (60-45))]
Increase in total stockholders' equity =$2,160,000+$720,000
Increase in total stockholders' equity =$2,880,000
Therefore the total stockholders' equity will increase by $2,880,000
On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $470,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. 3. If the market interest rate is 7%, the bonds will issue at $513,221. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021.
Debit Credit
1 January 01, 2021 Cash 513,221
Premium on Bonds Payable 43,221
Bonds Payable 470,000
2 June 30, 2021 Interest Expense 17,963
Premium on Bonds Payable 837
Cash 18,800
3 December 31, 2021 Interest Expense 17,933
Premium on Bonds Payable 867
Cash 18,800
Answer:
1. January 01, 2021
Dr Cash 513,221
Cr Premium on Bonds Payable 43,221
Cr Bonds Payable 470,000
2. June 30, 2021
Dr Interest Expense 17,963
Dr Premium on Bonds Payable 837
Cr Cash 18,800
3 December 31, 2021
Dr Interest Expense 17,933
Dr Premium on Bonds Payable 867
Cr Cash 18,800
Explanation:
1. Preparation of the journal entry Record the bond issue on January 1, 2021
January 01, 2021
Dr Cash 513,221
Cr Premium on Bonds Payable 43,221
(513,221-470,000)
Cr Bonds Payable 470,000
(To Record the bond issue )
2. Preparation of the journal entry to record the first two semiannual interest payments
June 30, 2021
Dr Interest Expense 17,963
(513,221*7%*6/12)
Dr Premium on Bonds Payable 837
(18,800-17,963)
Cr Cash 18,800
(470000*8%*6/12)
(To record first two semiannual interest payments)
3.Preparation of the journal entry to record the first two semiannual interest payments
December 31, 2021
Dr Interest Expense 17,933
(513,221*7%*6/12)
Dr Premium on Bonds Payable 867
(18,800-17,963)
Cr Cash 18,800
(470000*8%*6/12)
(To record first two semiannual interest payments)
Sunland Company reports the following operating results for the month of August: sales $300,000 (units 5,000); variable costs $223,000; and fixed costs $70,800. Management is considering the following independent courses of action to increase net income. Compute the net income to be earned under each alternative. 1. Increase selling price by 10% with no change in total variable costs or sales volume. Net income $enter a net income if the selling price is increased by 10% 2. Reduce variable costs to 56% of sales. Net income $enter a net income if the variable costs are reduced to 56% of sales 3. Reduce fixed costs by $18,000. Net income $enter a net income if the fixed costs are reduced by $18,000
Answer:
See below
Explanation:
Given selling price per unit = $300,000/5,000 units = $60
1. Increase selling price by 10% with no change in total variable costs or sales volume
Selling price = $60 × 1.1 = $66
Sales revenue = $66 × 5,000 units = $330,000
Increase in sales revenue = $330,000 - $300,000 = $30,000
Here, as costs remains the same, Net income will increase as much as the increase as sales revenue which is $30,000
2. Reduce variable cost to 56% of sales
New variable cost = $330,000 × 56% = $184,800
Saving in variable cost = $223,000 - $184,800 = $38,200
Here, as the fixed cost and sales revenue remains the same, net income will increase as much as the saving in variable cost which is $38,200
3. Reduce fixed cost by $18,000
As the variable cost and sales revenue remains the same, net income will increase as much as the savings in fixed cost which is $18,000
Identify each person in the table as structurally, frictionally, or cyclically unemployed.
a. Lorenzo recently lost his job as a dishwasher. Minimum-wage legislation keeps employers from adding more of the low-skill positions for which he qualifies, so he has been unable to find work.
b. Teresa is a real estate agent. House sales in her area have declined because the region has been going through a recession. She has no clients and is currently looking for a new full time job.
c. Neha just graduated from college and is looking for a full- time position with an investment banking firm.
Answer:
a. Structurally unemployed.
b. Cyclically unemployed.
c. Frictionally unemployed.
Explanation:
Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;
I. Natural Rate of Unemployment (NU).
II. Frictional unemployment rate (FU).
III. Structural unemployment rate (SU).
IV. Actual unemployment rate (AU).
V. Cyclical unemployment rate (CU).
a. Structurally unemployed: Lorenzo recently lost his job as a dishwasher. Minimum-wage legislation keeps employers from adding more of the low-skill positions for which he qualifies, so he has been unable to find work.
b. Cyclically unemployed: Teresa is a real estate agent. House sales in her area have declined because the region has been going through a recession. She has no clients and is currently looking for a new full time job. A cyclical unemployment can be defined as a type of unemployment which is typically related to changes in the business, economy or industry cycle such as recession, governmental policies etc.
c. Frictionally unemployed: Neha just graduated from college and is looking for a full- time position with an investment banking firm.
What is Quantitative method
Answer:
Quantitative methods emphasize objective measurements and the statistical, mathematical, or numerical analysis of data collected through polls, questionnaires, and surveys, or by manipulating pre-existing statistical data using computational techniques.
Explanation:
TB MC Qu. 10-63 (Static) ABC Corporation makes a product that uses a ... ABC Corporation makes a product that uses a material with the following direct material standards: Standard quantity 3.8 pounds per unit Standard price $4.00 per pound The company produced 7,300 units in November using 28,710 pounds of the material. During the month, the company purchased 30,800 pounds of the direct material at a total cost of $117,040. The direct materials purchases variance is computed when the materials are purchased. The materials quantity variance for November is:
Answer:
the materials quantity variance for November is $3,880 unfavorable
Explanation:
The computation of the materials quantity variance for November is shown below:
As we know that
Material Quantity variance is
= Standard Price × (Actual Quantity used - Standard Quantity)
= $4 × (28,710 - (7,300 units × $3.8 per pound))
= $4 × (28,710 - 27,740)
= $3,880 unfavorable
hence, the materials quantity variance for November is $3,880 unfavorable
53. Targeting affluent customers with luxurious goods is an example of
a. geographic segmentation
b. income segmentation
c. psychographic segmentation
d. Behavior segementation
Answer:
My guess is B. Income Segmentation
Explanation:
Income segmentation is when you target customers based on their income. “Since luxury products are high priced, so there is no point in targeting it to all the customers.” Choosing to target rich people with expensive products is an example of income segmentation. It wouldn’t make sense to market expensive luxuries to the poor. Hope this helps!
Should I tell my parents I'm adopted?
Answer: Yes
Explanation:
It is important, when telling them about their adoption, to help them understand that they were born first—and that all children, adopted or not, are conceived and born in the same way. The birth came first, then the adoption. Waiting until adolescence to reveal a child's adoption to him or her is not recommended. “Halloween is the beginning of the holiday shopping season. That’s for women. The beginning of the holiday shopping season for men is Christmas Eve.”
—David Letterman
Paxton Company can produce a component of its product that incurs the following costs per unit: direct materials, $9.10; direct labor, $13.10, variable overhead $2.10 and fixed overhead, $7.10. An outside supplier has offered to sell the product to Paxton for $31.40. Compute the net incremental cost or savings of buying the component.Multiple Choice$2.10 cost per unit.$7.10 savings per unit.$0 cost or savings per unit.$7.10 cost per unit.$2.10 savings per unit.
Answer:
$0 cost or savings per unit
Explanation:
Cost to Buy
Purchase Price $31.40
and,
Costs to Make
Direct materials $9.10
Direct labor $13.10
Variable overhead $2.10
Fixed Overheads $7.10
Total $31.40
therefore
The net incremental cost or savings of buying the component is $0 cost or savings per unit
The Joint Stock Company is:
A) An association of persons
B) An association of funds
C) A mixture of an association of funds and persons
D) None of the above