Answer:
households act in their own best interests.
Explanation:
Economic Decision-Makers includes the Households, Firms, Governments, and the Rest of the World. Economic decision-making is the means or process of selecting which needs and wants that should be satisfied. The factors that determines what is produced are Resources available and consumer preferences and the factors that determines what is purchased are consumer preference and price.
The Households demand for goods and services will lead to what the industries produces. Households are seen as rational because they try to act in their upmost best interests and not what will make them sad.Utility maximization is dependent on household's subjective goals.
Name a great organization. how do think management contributes to making it great?
Answer:
A great organization I feel is 24 Hour Fitness. I feel that the management allows their trainers to do what they do best, thus making happy workers and happy customers 6. Name an ineffective organization. What can management do to improve it?
Walmart to me seems to be an ineffective organization, just because the people who work there do not seem happy. I feel like people in general shop there because it’s inexpensive, but I feel management should care more about their workers. Maybe a pay increase, or more breaks.
Explanation:
why convert a range of data into an excel table
Answer:
When you convert your range of data into an Excel table, by default, the Excel shades every other row in the table, making them easy to read. You can turn on/off the banded-row option from Table Style Options under the Design tab. You can also have banded columns.
Explanation:
You have been accepted into college. The college guarantees that your tuition will not increase for the four years you attend. The first $10,000 tuition payment is due in six months. After that, the same payment is due every six months until you have made a total of eight payments. The college offers a bank account that allows you to withdraw money every six months and has a fixed APR of 4% (semiannual) guaranteed to remain the same over the next four years. How much money must you deposit today if you intend to make no further deposits and would like to make all the tuition payments from this account, leaving the account empty when the last payment is made
Answer:
$73,254.81
Explanation:
We assume fees paid as annuity (PMT). Now, we have to find Present Value (PV) of annuity
PV = PMT*(1- 1/(1+r)^n) / r
Where PMT = 10000, n = 8 payments, r r = 4.0%/2 = 2% = 0.02
PV = $10,000 * (1 - 1/(1+0.02)^8) / 0.02
PV = $10,000 * (1 - 1/1.171659381) / 0.02
PV = $10,000 * 0.146509629 / 0.02
PV = $73254.8145
PV = $73,254.81
$73,254.81 is the money i must deposit today if i intend to make no further deposits and would like to make all the tuition payments from this account.
On January 1, 2021, Legion Company sold $235,000 of 9% ten-year bonds. Interest is payable semiannually on June 30 and December 31. The bonds were sold for $206,917, priced to yield 11%. Legion records interest at the effective rate. Legion should pay cash interest for the six months ended June 30, 2021, in the amount of:
Answer:
$18,622.53
Explanation:
Calculation for how much should Legion pay for cash interest for the six months ended June 30, 2021
Using this formula
Cash interest= Bonds percentage* Bonds amount
Let plug in the formula
Cash interest=9%*$206,917
Cash interest=$18,622.53
Therefore how much should Legion pay for cash interest for the six months ended June 30, 2021 is $18,622.53
Suppose you purchase one share of the stock of Red Devil Corporation at the beginning of year 1 for $44.75. At the end of year 1, you receive a dividend of $2 and buy one more share for $48.75. At the end of year 2, you receive total dividends of $4 (i.e., $2 for each share), and sell the shares for $56.75 each. What is the time-weighted return on your investment? (Round your answer to 2 decimal places. Do not round intermediate calculations.)
Solution :
Year : 0
Price : $ 44.75
Year : 1
Price : $48.75
Dividend : 2
Return : [tex]$\frac{48.75+2-44.75}{44.75}$[/tex]
= 13.41 %
Year :2
Price : $ 56.75
Dividend : 2
Return : [tex]$\frac{56.75+2-48.75}{48.75}$[/tex]
= 20.51%
The time weighted return = [tex]$\left((1+r_1)\times (1+r_2)\right)^{1/2}-1$[/tex]
= [tex]$\left((1+0.1341)\times (1+0.2051)\right)^{1/2}-1 $[/tex]
= 16.91%
It is also called the geometric return.
Lucky Company's direct labor information for the month of February is as follows: Actual direct labor hours worked (AQ) 61,500 Standard direct labor hours allowed (SQ) 63,000 Total payroll for direct labor $774,900 Direct labor efficiency variance $18,000 The direct labor flexible-budget variance for February was: $54,900 unfavorable. $42,300 unfavorable. $46,350 unfavorable. $18,900 unfavorable. $44,500 unfavorable.
Answer:
d. $18,900 unfavorable.
Explanation:
Direct labor efficiency variance = SR*(SH-AH)
18000 = SR*(63000-61500)
18000 = 1500 SR
SR = $12
Total standard direct labor cost for February = 63000*12= $756,000
Direct labor flexible-budget variance = $774,900 - $756,000 = $18900 Unfavorable
Can anyone please write a summery or a paragraph of life of a homless teen memoir in the Great depression please?
eso
depen de si el adolecente ses amensado
Suppose we observe the following two simultaneous events in the market for beef. First, there is a decrease in the demand for beef due to changes in consumer tastes. And second, there is a reduction in supply due to cattle farmers selling their land to real estate developers. We know with certainty that these two simultaneous events will cause which of the following?
A. No change in the equilibrium quantity and a reduction in the equilibrium price
B. An increase in the equilibrium quantity and in the equilibrium price
C. A decrease in the equilibrium quantity and an indeterminate change in the equilibrium price
D. A decrease in the equilibrium quantity and an increase in the equilibrium price
Answer:
The correct answer is OPTION C (A decrease in the equilibrium quantity and an indeterminate change in the equilibrium price)
Explanation:
The equilibrium price in the question is the price at which the quantity of beef demanded equals the quantity supplied by the cattle farmers. When demand decreases the equilibrium price falls and the quantity of beef purchased also decreases.
The equilibrium quantity for the beef is the quantity of beef demanded and the quantity of beef supplied by the cattle farmers at the equilibrium price.
The two simultaneous events from the question will cause the equilibrium price or quantity to be affected and move in the same direction as demand and supply for the beef.
Purpose: Organization design refers to the overall set of elements used to configure an organization. The purpose of this exercise is to give you insights into how managers must make decisions within the context of creating an organization design. Introduction: Whenever a new enterprise is started, the owner must make decisions about how to structure the organization. For example, he or she must decide what functions are required, how those functions will be broken down into individual jobs, how those jobs will be grouped back together into logical departments, and how authority and responsibility will be allocated across positions. Instructions: Assume that you have decided to open a handmade chocolate business in your local community. Your products will be traditional bars and novelty-shaped chocolates, truffles, other chocolate products such as ice cream, and gift baskets and boxes featuring chocolates. You have hired a talented chef and believe that her expertise, coupled with your unique designs and high-quality ingredients, will make your products very popular. You have also inherited enough money to get your business up and running and to cover about one year of living expenses in other words, you do not need to pay yourself a salary). You intend to buy food items including chocolate, cocoa, white chocolate, nuts, and fruit from suppliers who deliver to your area. Your chef will then turn those ingredients into luscious
Answer:
hmm I know with that is the silver kind to you and
HELP, 50 POINTS!
Which example needs a transition word or phrase between sentences to connect the ideas?
a.)
Engaging your employees in a day of service is a good way to make a difference in your community. The costs associated with shutting down your business for a full day may be significant.
b.)
Several significant hurricanes have hit the region in recent years. The damage done by them has caused insurance rates to rise.
c.)
Many students don't clearly understand what constitutes plagiarism. Therefore, plagiarism is often unintentional.
d.)
Real estate sales have moved in tandem with the stock market for the last 15 years. When the stock market has expanded, real estate sales have increased.
Answer:
b is the answer it should be
Option D needs a transition word or phrase between sentences to connect the ideas. Real estate sales have moved in tandem with the stock market for the last 15 years. When the stock market has expanded, real estate sales have increased.
What are transition words?Sentences, thoughts, or paragraphs are connected with some words. Those words are known as transition words. Conjunctions are the most basic transitive words.
Examples of transition words are: and, but, after, then, and many more.
Therefore, Opinion D: Real estate sales have moved in tandem with the stock market for the last 15 years. When the stock market has expanded, real estate sales have increased. This is correct.
Learn more about transition words from here:
https://brainly.com/question/2372495
#SPJ2
For its first year of operations, Tringali Corporation's reconciliation of pretax accounting income to taxable income is as follows: Pretax accounting income $ 360,000 Permanent difference (15,400 ) 344,600 Temporary difference-depreciation (19,100 ) Taxable income $ 325,500 Tringali's tax rate is 25%. Assume that no estimated taxes have been paid. What should Tringali report as its income tax expense for its first year of operations
Answer:
$81,375
Explanation:
Calculation for What should Tringali report as its income tax expense for its first year of operations
Using this formula
Income tax expense=Taxable income*Tax rate
Let plug in the formula
Income tax expense=$325,500 x 25%
Income tax expense=$81,375
Therefore What should Tringali report as its income tax expense for its first year of operations will be $81,375
Please check if my answers to first part is correct.
Discussion Question 4-6 (LO. 1)
1. Complete the statements below regarding "what is the control requirement of § 351".
The control requirement specifies that the person or persons transferring property to the corporation must own, immediately after the transfer, stock possessing at least 80% of the total combined voting power of all classes of stock entitled to vote, and at least 75% of the total number of shares of all other classes of the corporation's stock.
2. Classify the following as either "True" or "False" regarding the control requirement of § 351.
a. If a shareholder renders only services to the corporation for stock, the transfer cannot qualify under § 351 because services rendered are not "property."
b. If a shareholder renders services and transfers property to the corporation for stock, the shareholder will never be treated as a member of the transferring group.
c. Stock under momentary control counts in determining control if the plan for the sale or other disposition of the stock existed before the exchange.
d. If a long period of time elapses between the transfers of property by different shareholders to the corporation, the control requirement may be lost regarding the later transfers because no documentation exists making multiple transfers part of an integrated plan.
Answer:
1. Correct
after, 80%, 75%
2. a. True
b. False
c. False
d. False
Explanation:
When shareholder renders services and transfers property to the corporation the shareholder is treated as member of transferring group. Stocks under momentary control does not count in determining control. The long period elapses between transfer of property, the control requirement may be lost because there is no transferring group.
Stuart Corporation produces products that it sells for $17 each. Variable costs per unit are $9, and annual fixed costs are $163,200. Stuart desires to earn a profit of $25,600. Required Use the equation method to determine the break-even point in units and dollars. Determine the sales volume in units and dollars required to earn the desired profit.
Answer:
See below
Explanation:
The formula for break even point in unit and dollar is as sewn below;
Break even point in units = Fixed expenses / Contribution margin per unit
Where
Contribution margin per unit = Selling price per unit - Variable expense per unit
Contribution margin per unit = $17 - $9 = $8
But
Fixed expenses = $163,200
Break even point in unit = $163,200 / $8 = 20,400 units
Break even point in dollars = Fixed expense / Profit volume ratio
Where
Profit volume ratio = (Contribution margin per unit / Selling price per unit) × 100
Profit volume ratio = ($8/$17) × 100 = 47.06%
But
Fixed expense = $163,200
Break even point in dollars = $163,200 / 47.06% = $3,468
For desired profit
Sales volume in units = Fixed expense + Desired profit / Contribution margin per unit
= $163,200 + $25,200 / $8
= $188,400/$8
= 23,550 units
Sales volume in dollars = Fixed expenses + Desired profit / Profit volume ratio
= $163,200 + $25,200 / 47.06%
= $4,003
Applying the research findings to a marketing strategy plan is the ______ step in the marketing research process. Multiple choice question.
Answer:
Fifth.
Explanation:
Market research can be defined as a strategic technique which typically involves the process of identifying, acquiring and analyzing informations about a business. It involves the use of product test, surveys, questionnaire, focus groups, interviews, etc.
Secondary market research can be defined as a method designed to determine the demographics of a particular target market.
Applying the research findings to a marketing strategy plan is the fifth step in the marketing research process.
If the adjustment for Supplies used during the period wasn't made,
A. revenue would be too high.
B. assets would be too low.
C. expenses would be too low.
D. expenses would be too high,
Answer:
D
Explanation:
It will give the suppliers an upper hand or edge over the consumers
Answer: think its expenses would be to low
Explanation:
An acquiring company issues 500,000 shares of $6 par value common stock to acquire 100% of the voting common stock of an investee company in a transaction that qualifies as a business combination. The market value of the acquiring company's common stock is $30 per share. Direct legal and consulting fees incurred pursuant to the combination are $200,000. Direct registration and issuance costs for the acquiring company's common stock are $50,000. The transaction did not result in goodwill recognition or bargain gain recognition. What is the total amount of net assets recognized as a result of this business combination
Answer:
the total amount of net asset recognized is $15,000,000
Explanation:
The computation of the total amount of net asset recognized is shown below:
= Number of shares issued × per share
= 500,000 shares × $30
= $15,000,000
Hence, the total amount of net asset recognized is $15,000,000
We simply multiplied the above two items
Suppose you win a small lottery and have the choice of two ways to be paid: You can accept the money in a lump sum or in a series of payments over time. If you pick the lump sum payout, you get $2,950 today. If you pick the payments over time payout, you get three payments: $1,000 today, $1,000 one year from today, and $1,000 two years from today. At an interest rate of 8% per year, you would be better off accepting the payout since it has the greater present value. At an interest rate of 10% per year, you would be better off accepting the payout since it has the greater present value. Years after you win the lottery, a friend in another country calls to ask your advice. By wild coincidence, she has just won another lottery with the same payout schemes. She must make a quick decision about whether to collect her money under the lump sum payout or the payments over time payout. What is the best advice to give your friend
Answer:
take the payments over time payout
Explanation:
My personal opinion/advice would be to take the payments over time payout. There are many reasons for this, the first one being that most individuals are not used to receiving large sums of cash and usually end up wasting all the money as soon as they receive it, which usually does not occur if the payments are made over time. The second and more important reason is that if the payments are made over different years your would pay a much lesser amount on taxes every year that passes. This means that the even with the interest rate you would most likely have more overall money if you take the payments over time.
Simon and his managers are discussing the unemployment, inflation, and interest-rate trends that might affect their chain of sandwich shops over the next 12 months and the projected growth in the areas where the stores are located. The managers are studying the ______ forces in their organization's general environment.
-self motivation
- personal adapitlity
-openness to change
-resilience
Answer:
Option D
Explanation:
Simon and his managers are discussing about the factors that might affect the economic performance of their shops. They are concerned about the negative impacts of unemployment, inflation, and interest-rate trends on their shops and simultaneously are discussing about the future growth, Hence, they are focused on catering the odds to achieve a certain growth during the tough times. Their discussion is aimed at both the risks and consequences
Hence, option D is correct
Applying the midpoint formula, what is the price elasticity of demand if a drop in the price of energy drinks from $2 to $1 per can leads to an increase in the quantity demanded from 100 million to 150 million cans
Answer:
-0.6
Explanation:
Price elasticity of demand = Δ Change in quantity / Δ Change in price
Price elasticity of demand = [150-100/((150+100)/2)] / [1-2/((1+2)/2)]
Price elasticity of demand = [50/125]/ [-1/1.5]
Price elasticity of demand = 0.4/-0.66666
Price elasticity of demand = -0.6
Helen spent the last 85 days of 2020 in a nursing home. The cost of the services provided to her was $27,625 ($325 per day). Medicare paid $8,400 toward the cost of her stay. Helen also received $15,440 of benefits under a long-term care insurance policy she purchased. Assume that the Federal daily excludible amount is $380. If the amount is zero, enter 0. What is the effect on Helen's gross income
Answer:
Amount included in gross income of Helen is $0.
Hence, There will be no effect upon the gross income of Helen.
Explanation:
Data Given:
Number of Days Helen Spent = 85 days
Cost of the services = $27,625
Medicare Paid = $8400
Benefits received = $15440
Assumption: Federal Daily Excludible amount = $380
Solution:
Daily Statutory amount = Daily Excludible amount x number days spent
Daily Statutory amount = $380 x 85 days
Daily Statutory amount = $32300
We know that,
Amount of Medicare Paid = $8400
So, now we need to calculate the amount of exclusion first.
1. Amount of Exclusion = cost of the services - Medicare paid
Amount of Exclusion = $27625 - $8400 = $19225
So, now we calculate the amount included into the gross income of Helen.
2. Amount included in gross income = Benefits Received - Amount of Exclusion
Amount included in gross income = $15440 - $19225
Amount included in gross income = -$3785
Here, we will not cater the negative, which means that amount included in gross income of Helen is $0.
Hence, There will be no effect upon the gross income of Helen.
In 2014, Parker Company purchased land for $115,000 at a time when the land was appraised at $120,000. In 2017, Parker Company had the land appraised, and its value was estimated to be $210.000. Also during 2017, another company offered Parker $175,000 for the parcel of land. When the balance sheet is prepared at the end of 2017, at what dollar amount should the land be reported?
A. $115.000
B. $120,000
C. $175,000
D. $210,000
Answer:
A. $115.000
Explanation:
The assets and liabilities in compliance with the GAAP (historical cost concept) are reported on the balance sheet at their initial cost, (cost at purchasing the asset) not according to market value as time-to-time shifts in market market value, if on the balance sheet you report market value, the arithmetic precision is compromised.
The assets are therefore always reported according to the initial costs or historical costs on the balance sheet. No market valuation must be reported
The Retained earnings account has a credit balance of $51,000 before closing entries are made. Total revenues for the period are $69,200, total expenses are $46,800, and dividends are $14,600. What is the correct closing entry for the revenue accounts?
Answer:
Debit the Service revenue account $69,200; Credit the income summary account $69,200.
Explanation:
Temporary accounts includes:
1) Revenue, income and gain accounts
2) Expense and loss accounts
3) Income summary account
4) Dividend, drawing or withdrawal account
In the given question, the closing entry only for revenue account is required. The correct entry will be Debit the Service revenue account $69,200; Credit the income summary account $69,200.
Harding Company is in the process of purchasing several large pieces of equipment from Danning Machine Corporation. Several financing alternatives have been offered by Danning: (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 1. Pay $1,000,000 in cash immediately. 2. Pay $420,000 immediately and the remainder in 10 annual installments of $80,000, with the first installment due in one year. 3. Make 10 annual installments of $135,000 with the first payment due immediately. 4. Make one lump-sum payment of $1,500,000 five years from date of purchase. Required: Determine the best alternative for Harding, assuming that Harding can borrow funds at an 8% interest rate. (Round your final answers to nearest whole dollar amount.)
Answer:
the best option is 4 as it have the highest present value
Explanation:
The computation is shown below:
For option 1
PV = $1,000,000
For option 2
PV = $420,000 + $80,000 × PVIFA (8% , 10)
= $420,000 + $80,000 × 6.710
= $956,800
For option 3
PV = $135,000 + $135,000 × PVIFA (8% , 9)
= $135,000 + $135,000 × 6.247
= $978,345
For option 4
PV = $1,500,000 × PVIF (8% , 5)
= $1,500,000 × 0.681
= $1,021,500
So the best option is 4 as it have the highest present value
The Atlanta Braves signed an outfielder to a five-year contract. The contract calls for the following cash flows: a signing bonus of $4.00 million today, $12.09 million in year 1, $13.36 million in year 2, $14.17 million in year 3, $15.26 million in year 4, and $16.43 million in year 5. If the outfielder has a discount rate of 6.00% per year, what is the value of his contract today (in millions)
Answer:
$63.56 million
Explanation:
We are to find the present value of the cash flows in order to determine the value of the contract today
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow in year 0 = $4.00 million
Cash flow in year 1 = $12.09 million
Cash flow in year 2 = $13.36 million
Cash flow in year 3 = $14.17 million
Cash flow in year 4 = $15.26 million
Cash flow in year 5 = $16.43 million
I = 6%
Present value = $63.56 million
To find the PV 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
DiSalvio Co. uses a job order cost system. The following data summarize the operations related to production for May:a. Materials purchased on account, $634,000.b. Materials requisitioned, $646,200, of which $74,500 was for general factory use.c. Factory labor used, $660,200, of which $91,200 was indirect.d. Other costs incurred on account for factory overhead, $147,500; selling expenses, $234,000; and administrative expenses, $146,400.e. Prepaid expenses expired for factory overhead were $29,200; for selling expenses, $26,800; and for administrative expenses, $18,000.f. Depreciation of office building was $84,600; of office equipment, $43,340; and of fac-tory equipment, $32,000.g. Factory overhead costs applied to jobs, $362,000.h. Jobs completed, $1,002,000.i. Cost of goods sold, $890,000.InstructionsJournalize the entries to record the summarized operations.SHOWME HOWGeneral Ledger Chapter 2 Job Order Costing 69Ex 2-18PR
Answer:
Date Account Description Debit Credit
May 1 Material inventory $634,000
Accounts Payable $634,000
Date Account Description Debit Credit
May 2 Work in Process (646,200 - 74,500) $571,700
Factory Overhead $74,500
Materials $646,200
Date Account Description Debit Credit
May 31 Work in Process (660,200 - 91,200) $569,000
Factory Overhead $91,200
Materials $660,200
Date Account Description Debit Credit
May 31 Factory Overhead $147,500
Selling expenses $234,000
Admin expenses $146,400
Accounts payable $527,900
Date Account Description Debit Credit
May 31 Factory Overhead $29,200
Selling expenses $26,800
Admin expenses $18,000
Prepaid expenses $74,000
Date Account Description Debit Credit
May 31 Depreciation expense - Office building $84,600
Depreciation expense - Office equipment $43,340
Factory Overhead $32,000
Accumulated depreciation $159,940
Date Account Description Debit Credit
May 31 Work in Process $362,000
Factory Overhead $362,000
Date Account Description Debit Credit
May 31 Finished Goods $1,002,000
Work in Process $1,002,000
Date Account Description Debit Credit
May 31 Cost of goods sold $890,000
Finished Goods $890,000
. If you still donate the $100,000 from Problem 16 today, but ask the college to delay the scholarship payment so that the first scholarship payment is made 10 years from today, then how large will the annual payment be
Answer:
The annual scholarship payment = $5,693.25
Explanation:
Data Given:
In this question, we are required to calculate the future value up till 9th year and then
Donating Amount = $100,000
Time period = 9 years
Note: Here in this question, interest rate is not given without which this question is incomplete. However, I have found similar question on the internet and will be using its interest rate to solve this question for the sake of understanding and concept.
So, the interest we use will be = 4%
Formula for the future value:
FV = Present Value [tex](1 + r)^{n}[/tex]
Present value = $100,000
n = 9 years
r = 4% = 0.04
FV = 100,000 [tex](1 + 0.04)^{9}[/tex]
FV = 100,000 x 1.4233118
FV = Future Value = $142,331.18
The annual scholarship payment = FV * r
The annual scholarship payment = 142,331.18 * 0.04
The annual scholarship payment = 5,693.247
The annual scholarship payment = $5,693.25
PLEASE HELP!! ILL GIVE BRAINLIEST
1. Even when economic indicators show that the economy is down, small businesses often thrive. Think of a small business in your community that would do well, even if people did not have a lot of extra money to spend, and explain the advantages it has over larger businesses.
Answer:
hi i want to help you but i dont
understand it
Explanation:
Discuss the various levels of management in the organization
Answer:
The three levels of management typically found in an organization are low-level management, middle-level management, and top-level management. Low-level managers focus on controlling and directing. They serve as role models for the employees they supervise.
On June 25, Obermayer Repair Service extended an offer of $127,000 for land that had been priced for sale at $145,000. On July 9, Obermayer Repair Service accepted the seller's counteroffer of $138,000. On October 1, the land was assessed at a value of $207,000 for property tax purposes. On December 22, Obermayer Repair Service was offered $221,000 for the land by a national retail chain.
At what value should the land be recorded in Obermayer Repair Service's records?
$fill in the blank 1
Answer:
$138,000
Explanation:
Based on the information given the value at which the land should be recorded is 138,000 reason been that we were told that the repairer which is Obermayer Repair Service accepted the seller's counteroffer of the amount of $138,000 and based on accounting principle of COST CONCEPT the land should be recorded at the value or amount of $138,000 which is the seller's counteroffer amount that was accepted by Gallatin Repair Service.
Variable Costs + Fixed Costs = ?
Total output
Total costs
Marginal costs