Answer:
Explanation:
From the question, we are informed about Promises Made in Consideration of Marriage. And After twenty-nine years of marriage, Robert and Mary Lou Tuttle were divorced. They admitted in court that before they were married, they had signed a prenuptial agreement.
In this case with the rest information from the question, that A copy of the prenuptial agreement could not be found, then the court cannot enforce the agreement without a writing Prenuptial agreements.
Reason behind this is that a Prenuptial agreements can only be enforced if it is writing.Prenuptial agreements is usually signed before two people marry each other, so in case of death or divorce in the future, the ownership of their asset would have been defined.
10. ________________ is the extent to which employees have positive or negative feelings about various aspects of their work.
Answer:
A. Job satisfaction
Explanation:
Job satisfaction can be influenced by a number of significant factors. There may be motivation or lack of motivation according to the working conditions, such as job perception, management, organizational culture, reward system, etc.
There needs to be active management to analyze what are the main factors that affect job satisfaction in an organization, so that there is greater motivation, productivity, positive business climate, ethical behaviors, etc.
Pham can work as many or as few hours as she wants at the college bookstore for $12 per hour. But due to her hectic schedule, she has just 15 hours per week that she can spend working at either the bookstore or other potential jobs. One potential job, at a café, will pay her $15 per hour for up to 6 hours per week. She has another job offer at a garage that will pay her $13 an hour for up to 5 hours per week. And she has a potential job at a daycare center that will pay her $11.50 per hour for as many hours as she can work.
If her goal is to maximize the amount of money she can make each week, how many hours will she work at the bookstore?
Answer:
4 hours
Explanation:
For Pham to maximize her income, she must consider the jobs with the highest per-hour earnings first. She has 15 hours to work. Her priorities should be as below.
Work at the cafe for 6 hours for $15 per hourWork at the garage for 5 hours for $13 per hourWork at the books store for 4 hours for $12 per hourA total of 15 hours. Pham can work at the book store for 4 hours per week to maximize her income.
Pham will have to work 4 hour per week at the bookstore to maximize her pay.
Given data
Total number of hours available per week = 15 hours
Cafe will pay her $15 per hour up to 6 hoursGarage offers $13 per hour up to 5 hoursDycare Centre offers $11.50 per hours for as long as she can workOut of the potential job, only the cafe and garage centre pay is more than the pay of bookstore
Hence, in order to maximize the amount of money, Pham have to devote 6 hours at the cafe, 5 hours at the garage centre and remaining 4 hours at bookstore,
In this way, the amount of money she will receives will be at maximum.
Working at Cafe she will make $15 * 6 = $90 Working at Garage centre she will make $13 * 5 = $65Working at Bookstore she will make $12*4 = $48Total amount she will earn = $90 + $65 + $48
Total amount she will earn = $203
Therefore, Pham will have to work 4 hour per week at the bookstore to maximize her pay.
Read more about pay maximization
brainly.com/question/10880329
caculate the orithmetic mean of the number 42,56,38,41,86,
56
Answer:
53
Explanation:
The mean is the average. Calculating the mean given some data involves adding all the values and dividing by the total by the quantity.
In this case, the total will be 42 +56 +38 +41 + 86+56 =319
The mean will be 319 divided by 6
=319/6
=53
The inventory of a large grocery store client is material, and it is the largest current asset on the balance sheet. The cost of inventory items ranges from very small amounts (like individual candy at the checkout line) to larger amounts (like prime meat and specialty deli items). Typical risks for a grocery store are theft and spoilage of inventory. During the second quarter, the client caught three employees in a scheme of stealing produce and meats from the store and selling them, at a discount, to friends and family. Based on an investigation by authorities and store management, the scheme had been operating for about two months.
Required:
Based on the information, evaluate which accounts and assertions are at risk of misstatement.
Answer:
The auditor of the large grocery store can identify the accounts at risk of misstatement to include Inventory account, Cost of Goods Sold account, and Accounts Payable account. They have some relationships. A misstatement in the Inventory account will lead to a misstatement in the Cost of Goods Sold, which eventually affects the Net Income.
The auditor should be aware that the assertions that are at risk of misstatement include existence, completeness, accuracy and valuation, and disclosure of Inventory. Assuming that the pilfering scheme had gone on for more months, the employees could have devised more sinister schemes.
Explanation:
The management of this large grocery store must attest to the assertions of existence, completeness, rights and obligations, accuracy and valuation, and presentation and disclosure with regard to the accuracy of the information contained in the financial statements: the balance sheet, income statement, and statement of cash flows. This implies that its management must declare that it has truthfully measured and presented the financial information about its activities.
Apply What You’ve Learned - Managing Credit Cards and ConsumerLoans
Scenario: You are 30 years old, married, have two children, and household income (take-home pay) of$3,500 per month. Your credit and consumer debt is as follows:_______.
• Car loan, 6% interest rate, $10,000 balance, $295 per month
• Department store card, 28% interest rate, $600 balance, minimum payment 5% of balance
• Discover Card, 12% interest rate, $2,000 balance, minimum payment 2% of balance
• VISA Card, 13% interest rate, $3,000 balance, minimum payment 2% of balance
• MasterCard 1, 14% interest rate, $4,000 balance, minimum payment 2% of balance
• MasterCard 2, 14% interest rate, $0 balance, minimum payment 2% of balance
• Gasoline card, 21% interest rate, $300 balance, minimum payment 5% of balance
Assume all credit cards will assess a $35 late fee and ongoing penalty interest of 8% above the currentrate if you miss a payment. Your recent VISA card statement came with a blank cash advance check(for up to $10,000) with terms of 23.99% APR and a fee of 3% if you use it. Your recent MasterCard 2statement came with a balance transfer oFer (up to $4,000) with no fee and 0% APR for 12 months,after which the normal interest rate applies. You recently found an incorrect amount charged on yourVISA card from a store you frequent often. You’d like to come up with a plan to eliminate all of yourcredit card debt.
In general, is it a good idea to make only minimum payments on your credit cards?
Yes, you can invest the money saved each month to earn interest.
No, it will cause your interest rate to go up.
No, the small payment requirement is mathematically guaranteed to keep you in debt for manyyears.
Yes, this allows you more ±exibility in your cash budget.
Assuming you have $1,500 in your budget this month with which to pay down your credit cards, howmuch should you pay on each card?
CardInterestrateOutstandingRequired minimumRecommendedbalancepayment(%)payment($)debtrepaymentamount
store card
Discover Card12%2,0008%
VISA Card13%3,00010%
MasterCard 114%4,0008%
MasterCard 214%010%
Gasoline card21%30015%
Total$9,900$1,500
Answer:
1) In general, is it a good idea to make only minimum payments on your credit cards?
No, the small payment requirement is mathematically guaranteed to keep you in debt for many years.All you have to do is analyze the interest rates charged by the credit card companies and it is really difficult for any investment to match those interest rates.
2) Assuming you have $1,500 in your budget this month with which to pay down your credit cards, how much should you pay on each card?
I would start with the cards that charge the highest interest rates. I would pay the full balance of the department store card and the gasoline card = $600 + $300 = $900
Since I have $600 left, I would then pay the minimum payments for the cards that charge the least interest rates. I would pay $40 to Discover card and $60 to VISA.
The remaining $500 would be used to pay MasterCard 1 card and lower its balance.
Prepare a bank reconciliation as of October 31 from the following information:
a. The October 31 cash balance in the general ledger is $806.
b. The October 31 balance shown on the bank statement is $350.
c. Checks issued but not returned with the bank statement were No. 462 for $24 and No. 483 for $42.
d. A deposit made late on October 31 for $433 is included in the general ledger balance but not in the bank statement balance.
e. Returned with the bank statement was a notice that a customer's check for $80 that was deposited on October 25 had been returned because the customer's account was overdrawn.
f. During a review of the checks that were returned with the bank statement, it was noted that the amount of Check No. 471 was $65 but that in the company's records supporting the general ledger balance, the check had been erroneously recorded as a payment of an account payable in the amount of $56.
Answer:
Bank Reconciliation Statement as of October 31
Particulars Amount Particulars Amount
Balance as per bank $350 Balance as per books $806
Add: Late deposit $433 Less: Returned checks $80
Less: Outstanding check $66 Less: Error recordings $9
($24+$42) ($65-$56)
Reconciled Balance $717 Reconciled Balance $717
The following expenditures were incurred by Tamarisk, Inc. in purchasing land: cash price $74,000, accrued taxes $4,400, attorneys’ fees $4,300, real estate broker’s commission $1,500, and clearing and grading $3,600. What is the cost of the land?
Answer:
$87,800
Explanation:
The following expenditures were incurred by Tamerisk incorporation when purchasing a land
Cash price = $74,000
Accured taxes = $4,400
Attorneys fee= $4,300
Real estate brokers commission = $1,500
Clearing and grading = $3,600
Therefore the cost of the land can be calculated as follows
= $74,000 + $4,400 + $4,300 + $1,500 + $3,600
= $87,800
Hence the cost of the land is $87,800
1. Rosa Green estimates the cost of future projects for a large contracting firm. Rosa uses precisely the same techniques to estimate the costs of every potential job and formulates bids by adding a standard profit markup. For some companies, to which the firm offers its services, there are no competitors also seeking their business, so Rosa's company is almost certain to get these companies as clients. For these jobs, Rosa finds that her cost estimates are right, on average. For jobs where competitors are also vying for the business, Rosa finds that they almost always end up costing more than she estimates.
a. True
b. False
2. Rosa is less likely to win the jobs where she underestimates the costs, causing her to experience the winner's curse.
a. False
b. True
Answer:
1) a. True
Rosa is almost always right when she knows that her company is a monopoly, i.e. has no competition, but is generally wrong when her company has to compete with other contractors. It is simple, a monopolist can decide which markup percentage to use, and can use a really high one, but when competition exists, markups are not so high and profits not so abundant. That is why she almost always gets it wrong when having to deal with other competitors.
2) a. False
The winner's curse usually happens when someone wins a bid over some contract or asset, but then they realize that the actual price of the contract or asset was lower than the bid. E.g. in an auction, two people are fighting over to see who buys an antique car which increases the price of the car way beyond the real market value. But it can also happen to a company that offers very low prices, and then after they won a contract, cannot perform properly because their actual costs are higher.
When a company makes an offer, they are certain about the price of the contract and they should know the value of the services or goods that they are offering. If Rosa underestimates her costs, and prepares her offer using unrealistically low costs, then she will probably win the bid but end up losing money.
when pysical changes in materials happened, there is?
I. Formation of new product or material
II. No formation of new product or material
III. Formation of new shape
IV. Formation of new color
A. I, III and IV
B. II only
C. III and IV
D. II, III and IV
Martinez Corp. has the following beginning-of-the-year present values for its projected benefit obligation and market-related values for its pension plan assets.
Projected Benefit Obligation Plan Assets Value
2019 $2,340,000 $2,223,000
2020 2,808,000 2,925,000
2021 3,451,500 3,042,000
2022 4,212,000 3,510,000
The average remaining service life per employee in 2019 and 2020 is 10 years and in 2021 and 2022 is 12 years. The net gain or loss that occurred during each year is as follows:
2019, $327,600 loss; 2020, $105,300 loss; 2021, $12,870 loss; and 2022, $29,250 gain. (In working the solution, the gains and losses must be aggregated to arrive at year-end balances.)
Required:
Using the corridor approach, compute the amount of net gain or loss amortized and charged to pension expense in each of the four years, setting up an appropriate schedule.
Year Minimum Amortization of Loss
2013 $
2014 $
2015 $
2016 $
Answer:
2020 $11,700
2021 $8,080
2022 $14,040
Explanation:
PBO = Projected benefit Obligation
PA = Plan Asset
Acc. OCI = Accumulated OCI Gain / Loss
Min. Amort loss = Minimum Amortization of Loss
Year : PBO ; PA ; Corridor 10% ; Acc. OCI ; Min. Amort loss
2019 : $2,340,000 ; $2,223,000 ; $234,000
2020 : $2,808,000 ; $2,925,000 ; $280,800 ; $397,800 ; 11,700
2021 : $3,451,500 ; $3,042,000 ; $345,150 ; $264,350 ; 8,080
2022 : $4,212,000 ; $3,510,000 ; $421,200 ; $280,800 ; 14,040
Refer to the accompanying figures. If Mallory and Rick are the only two consumers in this market and the price of soda is $0.75 per can, then what will be the market demand for soda each month?
Answer:
the market demand is 50
Explanation:
The computation of the market demand for soda is shown below:
As we know that the market demand is the sum of the individual demand total
So in the given case, the market demand would be
= Mallory demand at $0.75 per can + Rick demand at $0.75 per can
= 30 + 20
= 50
Hence, the market demand is 50
Carmel Corporation is considering the purchase of a machine costing $38,000 with a 4-year useful life and no salvage value. Carmel uses straight-line depreciation and assumes that the annual cash inflow from the machine will be received uniformly throughout each year. In calculating the accounting rate of return, what is Carmel's average investment?
Answer:
$19,000
Explanation
Calculation for Carmel's average investment
Using this formula
Average investment=Investment/2
Let plug in the formula
Average investment=($38,000 + $0)/2
Average investment=$19,000
Therefore Carmel's average investment will be $19,000
This activity is important because any business that offers multiple product lines to multiple market segments is faced with the task of making the product/market decisions and prioritizing those decisions. Products and market segments that are growing quickly and are very profitable should get more attention and resources than a product and market segment that does not show as much potential.
Once a marketing manager creates a market-product grid, they must select which segments to target. To do this, the marketing manager should use several criteria in assessing the different segments. Those criteria include: market size, expected growth, competitive position, cost of reaching the segment, and the compatibility with the organization's objectives and resources.
The goal of this exercise is to demonstrate your understanding of the market-product development process by analyzing a gift shop's markets and products.
Read the case below and then answer the questions that follow as you consider its markets and product offerings.
A small local gift shop recently marked its 25th anniversary of being in business. Over that time, the owners have continually changed the products sold in its store to reflect changes in the market. From the early days of selling small gift-type items such as figurines and collectibles, the store now offers a more eclectic mix of merchandise that includes Vera Bradley purses and inexpensive jewelry, as well as items that could be classified as "gift-type" products and merchandise that is best described as "collectibles."
However, the demographics of the store's market, as well as the needs of that market, seem to be changing. There has been an influx of younger customers (20s and 30s) into the area, which has brought the average age of the area down by 9.8 years. This rapidly growing segment doesn't seem interested in buying the same collectibles that their parents bought. Many older residents (60s and 70s) have been leaving the area for retirement. The older customers are still buying the collectibles, but are also buying gifts for children and grandchildren for holidays and special occasions. Indeed, while sales of merchandise aimed at the younger customers have grown 30 percent, sales to the older crowd have been flat. And the younger group has now passed the older segment in terms of the size of the population. While there are other stores in the area selling similar merchandise, this gift shop has managed to get an exclusive on the Vera Bradley line, which has been popular with the younger customers. The owners of the gift shop are considering which market segment should be the focus of their attention and limited resources. This is an especially critical decision because of the limited space in the store and the need to add fixtures for carrying some of the collectible items that are coming on the market.
Based on the limited information in the case, which market segment is larger?
a) the over-80 segment
b) all segments are the same size
c) the 60s and 70s segment
d) the 20s and 30s segment
Answer:
d) the 20s and 30s segment
Explanation:
The case clearly states "And the younger group has now passed the older segment in terms of the size of the population."
Besides the fact that there are more younger people than older people in the area, the demographic of the store's customers is changing also: "... sales of merchandise aimed at the younger customers have grown 30 percent, sales to the older crowd have been flat.".
We can imply that the store's largest market segment is young people in their 20s and 30s.
why do organizations identify their opportunities and threats??
Answer:
So they know what do when they fight back or attack
On July 1, 2020, Culver Inc. made two sales. 1. It sold land having a fair value of $902,220 in exchange for a 4-year zero-interest-bearing promissory note in the face amount of $1,419,656. The land is carried on Culver's books at a cost of $590,900. 2. It rendered services in exchange for a 3%, 8-year promissory note having a face value of $402,150 (interest payable annually). Culver Inc. recently had to pay 8% interest for money that it borrowed from British National Bank. The customers in these two transactions have credit ratings that require them to borrow money at 12% interest.
Record the two journal entries that should be recorded by Sunland Inc. for the sales transactions above that took place on July 1, 2020. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 5,275. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
No. Date Account Titles and Explanation Debit Credit
1. July 1, 2020
2. July 1, 2020
Answer:
1) July 1, 2020, sale of land
Dr Notes receivable 1,419,656
Cr Land 590,900
Cr Discount on notes receivable 517,436
Cr Gain on sale of land 311,320
Discount on notes receivable $1,419,656 - $902,220 = $517,436
Gain on sale of land $902,220 - $590,900 = $311,320
2) July 1, 2020, service revenue
Dr Notes receivable 402,150
Cr Service revenue 342,218.69
Cr Discount on notes receivable 59,931.31
annual interests = $402,150 x 3% = $12,064.50
discount on notes payable = present value of annual interest = $12,064.50 x 4.9676 (PV annuity factor, 12%, 8 periods) = $59,931.31
- Which of the following is NOT a Factor of Production
A. Money
B. Land
C. Labor
D. Capital
Suppose there is a policy debate over whether the United States should impose trade restrictions on imported ball bearings:________.
Domestic producers of ball bearings send a lobbyist to the U.S. government to request that the government impose trade restrictions on imports of ball bearings. The lobbyist claims that the U.S. ball-bearing industry is new and cannot currently compete with foreign firms. However, if trade restrictions were temporarily imposed on ball bearings, the domestic ball-bearing industry could mature and adjust and would eventually be able to compete in the world market.
Which of the following justifications is the lobbyist using to argue for the trade restriction on ball bearings?
A. Infant-industry argument
B. Saving-domestic-jobs argument
C. Using-protection-as-a-bargaining-chip argument
D. National-security argument
E. Unfair-competition argument
Answer:
Infant-industry argument
Explanation:
Here is a paraphrased version of the lobbyist's claim and it is from here that we get our answer.
"He claims that this industry in question is new and currently cannot compete with foreign industry".
What this tells us is that this industry in question is an infant industry. An infant industry is a new industry yet to be past it's developmental stage and which cannot be compete yet with other established industries.
Thank you!
If you found my answer useful can I get a brainliest?
Bonita Beauty Corporation manufactures cosmetic products that are sold through a network of sales agents. The agents are paid a commission of 18% of sales. The income statement for the year ending December 31, 2014, is as follows.
BONITA BEAUTY CORPORATION
Income Statement For the Year Ended December 31, 2014
Sales $75,000,000
Cost of goods sold
Variable $31,500,000
Fixed 8,610,000 40,110,000
Gross margin $34,890,000
Selling and marketing expenses
Commissions $13,500,000
Fixed costs 10,260,000 23,760,000
Operating income $11,130,000
The company is considering hiring its own sales staff to replace the network of agents. It will pay its salespeople a commission of 8% and incur additional fixed costs of $7,500,000.
Under the current policy of using a network of sales agents, calculate the Bonita Beauty Corporation
Answer: $56,040,000
Explanation:
Here is the question:
1.Under the current policy of using a network of sales agents, calculate the Bonita Beauty Corporation's break-even point in sales dollars for the year.
Sales = $75,000,000
Less: variable cost = $75,000,000 + ($75,000,000 × 8%) = $31,500,000 + $6,000,000 = $37,500,000
Contribution margin = $37,500,000
Fixed cost = 10,260,000 + 10,260,000 + 7,500,000 = $28,020,000
Operating income = $11,130,000
Contribution margin = 0.5
Break even point in sales will now be:
= Fixed cost/contribution margin ratio
= $28,020,000/0.5
= $56,040,000
Wainwright Corporation owns and operates a wholesale warehouse.
The following transactions occurred during March 2016:
1. Issued 30,000 shares of capital stock in exchange for $300,000 in cash.
2. Purchased equipment at a cost of $40,000. $10,000 cash was paid and a note payable was signed for the balance owed.
3. Purchased inventory on account at a cost of $90,000. The company uses the perpetual inventory system.
4. Credit sales for the month totaled $120,000. The cost of the goods sold was $70,000.
5. Paid $5,000 in rent on the warehouse building for the month of March.
6. Paid $6,000 to an insurance company for fire and liability insurance for a one-year period beginning April 1, 2016.
7. Paid $70,000 on account for the merchandise purchased in 3.
8. Collected $55,000 from customers on account.
9. Recorded depreciation expense of $1,000 for the month on the equipment.
Required:
1.Analyze each transaction and classify each as a financing, investing and/or operating activity.
A transaction can represent more than one type of activity.
Also indicate the cash effect of each, if any.
Activities:
Transaction Financing Investing Operating
1
2
3
4
5
6
7
8
9
Answer:
Wainwright Corporation
Activities:
Transaction Financing Investing Operating Cash Effect
1. Common Stock Issue $300,000 $300,000
Transaction Financing Investing Operating Cash Effect
2. Equipment purchase $40,000 -$10,000
Transaction Financing Investing Operating Cash Effect
3. Inventory purchase $90,000
Transaction Financing Investing Operating Cash Effect
4. Credit Sales $120,000
Transaction Financing Investing Operating Cash Effect
5. Rent Expense $5,000 -$5,000
Transaction Financing Investing Operating Cash Effect
6. Prepaid Insurance $6,000 -$6,000
Transaction Financing Investing Operating Cash Effect
7. Accounts Payable payment $70,000 -$70,000
Transaction Financing Investing Operating Cash Effect
8. Cash Receipt from customers $55,000 $55,000
Transaction Financing Investing Operating Cash Effect
9. Depreciation Expense $1,000 None
Explanation:
These transactions of Wainwright Corporation in March 2016 are classified as financing, investing, or operating activities. Some have cash effect, while others did not have any effect on the cash asset of the company. Some cash effects are negative, representing outflows while others are positive, representing inflows. The outflows are marked with the minus sign while the inflows are not marked. This analysis shows that every transaction can be classified into financing, investing, or operating activities according to the presentation of the statement of cash flows but not all have cash effects.
Allen Air Conditioning manufactures room air conditioners at plants in Houston, Phoenix, and Memphis. These are sent to regional distributors in Dallas, Atlanta, and Denver. The shipping costs vary, and the company would like to find the least-cost way to meet the demands at each of the distribution centers. Dallas needs to receive 800 air conditioners per month, Atlanta needs 600, and Denver needs 200. Houston has 850 air conditioners available each month, Phoenix has 650, and Memphis has 300. The shipping cost per unit from Houston to Dallas is $8, to Atlanta $12, and to Denver $10. The cost per unit from Phoenix to Dallas is $10, to Atlanta $14, and to Denver $9. The cost per unit from Memphis to Dallas is $11, to Atlanta $8, and to Denver $12. 14700.
Required:
a. Based on the given demand and supply, the given transportation problem is ________
b. Before finding the initial solution, a dummy_____________ should be introduced.
c. The total cost of the optimal solution =____________
Answer:
(A) An optimization problem
(B) Variable
(C) $14,700
Explanation:
HOUSTON, PHOENIX, MEMPHIS ----- DALLAS, ATLANTA, DENVER
| | | | | |
850 650 300 800 600 200
Shipping Cost per Room Air Conditioner:
HOUSTON to Dallas - $8 [800 × 8 = $6400]
to Atlanta - $12 [50 × 12 = $600]
to Denver - $10
Total shipping cost = $7,000
PHOENIX to Dallas - $10
to Atlanta - $14 [250 × 14 = $3500]
to Denver - $9 [200 × 9 = $1800]
Total shipping cost = $5,300
MEMPHIS to Dallas - $11
to Atlanta - $8 [300 × 8 = $2400]
to Denver - $12
Total shipping cost = $2,400
The total cost of the optimal solution is:
7,000 + 5,300 + 2,400 = $14,700
How was this optimal cost gotten?
- Check the least shipping cost to Dallas, this is found in Houston and that's 8 dollars. Houston hence supplies Dallas 800 ACs and has 50 left. Remember this, in case you need more ACs.
- Check the least shipping cost to Atlanta, this is found in Memphis and that's 8 dollars. An obstruction here is that Memphis only has 300 ACs to send to Atlanta, so Atlanta needs 300 more. Keep this in mind.
- Check the least shipping cost to Denver, this is found in Phoenix and that's 9 dollars. Phoenix hence supplies Denver its needed 200 ACs and has 450 left.
- There is need to complete shipping to Atlanta and the next affordable shipping cost to Atlanta is found in Houston and that's $12. Houston should send its remaining 50 ACs to Atlanta.
- Atlanta needs 250 more ACs and Phoenix has 450 extra. Allen Air Conditioning Company can now settle for the relatively high shipping cost of Phoenix to Atlanta, to supply the remaining 250 ACs which Atlanta needs.
. Suppose you bought 100 shares of stock at an initial price of $37 per share. The stock paid a dividend of $0.28 per share during the following year, and the share price at the end of the year was $41. (1) What is your total dollar return on this investment
Answer: $428
Explanation:
From the question, we are informed that one bought 100 shares of stock at an initial price of $37 per share and that the stock paid a dividend of $0.28 per share during the following year, and the share price at the end of the year was $41.
The total dollar return on this investment will be calculated as:
= 100(41 - 37 + 0.28)
= $428
Making Podcasts and Wikis Work for BusinessPodcasts and wikis are part of Web 2.0, which allows users of the web to create content. Prudent business use of Web 2.0 applications can help businesses build and maintain their reputations online. Understanding how to use Web 2.0 communication tools will be important when you are on the job.Businesses have embraced podcasting to broadcast (confidential/ legal/ repetitive?) information that doesn’t require interaction. For example, some companies use podcasts to broadcast HR policies that can be accessed on demand. What function can companies improve by using wikis for collaboration?A. Communication with investors.B. Project management.
C. Customer interaction.
Consider the scenario:You work on the marketing team for a software development company. You have sales representatives in different locations around the globe. When a product update is released, your team holds teleconferences to demo new features. Due to time differences, these demos are difficult to schedule and usually require multiple demo sessions to accommodate different geographic regions. You want to streamline the new product demos and decide to recommend an electronic communication tool to help facilitate this. Which electronic communication tool would you recommend?A. A podcast.B. A wiki.C. An e-mail.
Answer:
(a) Businesses have adopted podcasting to communicate static material that doesn't need contact.
(b) Project management.
(c) A podcast
A further explanation is given below.
Explanation:
(a)
Podcasts should never be used to exchange legal or sensitive information because certain persons even within the company should readily determine it.(b)
Wikis could also be used for a fully customizable ecosystem which would be appropriate again for software engineering, as it means helping to work collaboratively, facilitate constructive criticism, as well as a supermarket recommendation for various use.(c)
Many persons may use podcasts throughout the current time, which does never demand conversation, it may be used to supplement the expensive conversation methods used. Emails as well as wiki shouldn't be used throughout this circumstance because that necessitates visuals among others to have been used.The Sisyphean Company has a bond outstanding with a face value of $1000 that reaches maturity in 5 years. The bond certificate indicates that the stated coupon rate for this bond is 10.0% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 7.5%, then this bond will trade at ________.
Answer:
$1,513.30
Explanation:
The Trading price of the Bond is it Present Value (PV) and is calculated as :
Fv = $1000
n = 5 × 2 = 10
pmt = ($1000 × 10.0%) ÷ 2 = $100
p/yr = 2
i = 7.5%
Pv = ?
Using a Financial Calculator, the Price of the Bond (PV) is $1,513.30.
To protect consumers from unfair credit practices, credit laws were established
-true
-false
Answer:
true
Explanation:
"It started with the Consumer Credit Protection Act of 1968, when Congress moved to shield consumers and their financial records from abuse. In the years following, other laws refined consumer rights, spelling out how the government can access bank customers’ information, how banks treat borrowers and the way banks handle customer deposits.
It all came to a head after the Great Recession in 2008, and out of that, the Consumer Financial Protection Bureau was formed, a new government agency dedicated to protecting consumers.
Today, there are countless laws, acts and regulations designed to protect consumers. The sheer number of laws can be overwhelming, but it is important that consumers understand their basic rights, so they can identify when those rights have been violated."
Source: debt.org
Company sells a nature guide. The following information was reported for a typical month: Total Per Unit Sales $ 17,600 $ 16.00 Variable expenses 9,680 Contribution margin 7,920 Fixed expenses 3,600 Net operating income $ 4,320 What is Bear's current break-even point in unit and dollars
Answer:
500 units and $8,000
Explanation:
The computation is shown below:
Break even point in units
= Fixed cost ÷ Contribution margin per unit
= ($3,600) ÷ ($7,920 ÷ ($17,600 ÷ $16)
= ($3,600) ÷ ($7.2)
= 500 units
Now the break even point in dollars is
= Fixed cost ÷ Contribution margin ratio
= ($3,600) ÷ ($7.2 ÷ $16)
= $3,600 ÷ 0.45
= $8,000
We simply applied the above formula and the same is to be considered
An example of a pioneering cost is the cost of Multiple Choice hiring management personnel. competing with existing multinationals. promoting a new product. transport fees. retaining employees.
Answer:
C. promoting a new product.
Explanation:
A foreign direct investment (FDI) can be defined as an investment made by an individual or business entity (investor) into an investment market (industry) located in another country. The investor here, shares a different country of origin from the country where his investment is located.
When establishing a foreign direct investment, investors are required to consider some basic entry decisions such as free market, political stability, low inflation rates, pioneering costs etc.
In a foreign investment, pioneering cost arises because the business investment differs from that in the firm's domestic market and such it is necessary that, the firm dedicate a good deal of time, money (expenses) and efforts to learning and adapting to the market rules, policies and processes.
Hence, an example of a pioneering cost is the cost of promoting a new product, cost of enlightening and education of customers etc.
Question 7
5 pts
(03.02 MC)
Gina made a down payment on a motorcycle. What incentive did she have for making a down payment?
O A tax break
O A higher loan rate
O A less secure loan
O A reduced time in debt
Because Gina made a down payment on a motorcycle, an incentive that she have for making such down payment is a reduced time in debt.
What do we mean by down payment?Basically, a down payment refers to the cash that the buyer pays upfront in a transaction and other large purchases. These payment are typically a percentage of the purchase price and can range from as little as 3% to as much as 20%
Here, she intends to purchase that motorbike on credit and by making a down-payment, she is reducing the amount she needs to borrow to buy the bike. So, a reduced loan amount means that Gina will require less to repay which implies that the interest to be paid will reduce.
Read more about down payment
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A deposit of $10,000 is made a year from now, a second deposit of $10,000 is made at the end of the year 5, and a deposit of $3000 is made at the end of year 8. The account earns 6% interest. You want to withdraw an equal amount, X at the end of each year for the next 10 years. What is the amount of X if the goal is to empty the account
Answer:
$4068.77
Explanation:
We calculate the Future value of all the three deposits at the end of year 8
FV = CF1 *(1+r)^8-1 + CF5*(1+r)^8-5 + CF8 * (1+r)^8-8
FV = 10000 *(1+0.06)^7 + 10000*(1+0.06)^3 + 3000 * (1+0.06)^0
FV = 15,036.30 + 11,910.16 + 3,000
FV= $29,946.46
We have to calculate the annuity payments that have a Present value = $29,946.46
PV = PMT * 1-(1+r)^-n / r
PV = 29,946.46, PMT= ?, r = 6%, n = 10
29,946.46 = PMT * 1-(1+0.06)^-10 / 0.06
29,946.46 = PMT * 1 - 1.06^-10 / 0.06
29,946.46 = PMT * 1 - 0.558395 / 0.06
29,946.46 = PMT * 0.441605 / 0.06
29,946.46 = PMT * 7.36008
PMT = 29,946.46/7.36008
PMT = 4068.768274257889
PMT = $4068.77
Thus, amount of X is $4068.77 if the goal is to empty the account.
on an annal basis, the first set of expenses is ____% of the second set of expenses. MAria spends 17 dollars on lottery tickets every week and spends
Completion Question:
On an annualbasis, the first set of expenses is _______% of the second set of expenses. Maria spends $17 on lottery tickets every week and spends $133 per month on food. On an annual basis, the money spent on lottery tickets is % of the money spent to buy food. (Round to the nearest percent asneeded.)
Answer:
Maria's Spending
On an annualbasis, the first set of expenses is ____55.39___% of the second set of expenses. Maria spends $17 on lottery tickets every week and spends $133 per month on food. On an annual basis, the money spent on lottery tickets is 55.39 % of the money spent to buy food.
Explanation:
Maria spends $17 on lottery tickets every week
Therefore, every 4-week month, she spends $68 ($17 * 4) on lottery tickets
Normally, a year = 52 weeks.
Annually, Maria spends $884 ($17 * 52) on lottery tickets
Also
Maria spends $133 per month on food.
Normally, a year = 12 months.
Annually, she spends $1,596 ($133 x 12) on food
Ratio of Lottery tickets to Food annually:
= $884 : $1,596
= $884/$1,596
= 55.39%
or
0.5539 : 1
b) What is done here is to convert to each cost to its annual equivalent. The cost of Lottery tickets was converted from per week basis to per annum. The cost of food was converted from per month basis to per annum. These conversions make the two variables comparable, since they have been reduced to similar standards of measurement.
Bernie and Phil's Great American Surplus store placed an ad in the Sunday Times stating, "Next Saturday at 8:00 A.M. sharp 3 brand new mink coats worth $5,000 each will be sold for $500 each! First come, First served." Marsha LufMin was first in line when the store opened and went directly to the coat department, but the coats identified in the ad were not available for sale. She identified herself to the manager and pointed out that she was first in line in conformity with the store's advertised offer and that she was ready to pay the $500 price set forth in the store's offer. The manager responded that a newspaper ad is just an invitation to negotiate and that the store decided to withdraw "the mink coat promotion." Review the text on unilateral contracts in Section 12(b) of Chapter 12. Decide.
Answer:
This technique is called "bait and switch", it is illegal and is considered false advertising. A seller cannot falsely advertise a product and then simply say that they do not have it on stock. It is a type of sales fraud and it is prohibited by the Lanham Act.
In order for this situation to be considered legal, the seller must have advertised and sold a certain amount of coats, but it didn't sell any. I.e. the seller runs out of stock because it already sold the 3 coats.