Answer:
The days' sales uncollected ratio is used to: Estimate how much time is likely to pass before the amount of accounts receivable is received in cash
Explanation:
The days' sales uncollected ratio is an Asset Management ratio which calculates the length of time that it to collect credit from a customer and the first option is correct.
Which of the following scenarios best illustrates bundling? Cumulus Media Inc. sells its cloud computing network by having customers pay for the service as they use it. Fresh Seeds Inc. sells seed packages, in which a person can buy a package of three types of seeds at a discounted price compared to buying the seeds individually. Sharp Cable Inc. sells its basic TV channels for free but charges high prices for any channels that customers add on later. Clean Brush Inc. sells its electric toothbrushes for a low cost, but charges a high price for replacement brushes.
Answer:
The scenario that best illustrate BUNDLING is option B which state that:
Fresh Seeds Inc. sells seed packages, in which a person can buy a package of three types of seeds at a discounted price compared to buying the seeds individually
Explanation:
BUNDLING occur when a company or an organisation combine different product together as a package and than sell those product at a discounted amount or lower price instead of charging their customers to buy those product separately
For example, a customers may prefer iPhone 6 than iPhone 5 Instead of the company to sell iPhone 6 for $500 dollars and iPhone 5 for $400 dollars each, the company will then bundles or combined the two product and sells them at a discounted price or amount of $300.
Galaxy Manufacturing Inc. Sofia works for a Galaxy Manufacturing Inc., where her team shares a machine and materials with another team that works a different shift. Each team is responsible for ensuring that the machine is in working order and the work area is fully stocked before handing it over to the other team at shift change. While working, Sofia begins the manufacturing process, and then passes her work along to her teammate, Amanda, to complete the next step of the process. After this, Amanda passes it along to Nick to complete the process. The way Sofia's team functions is known as:
Answer: Sequential Interdependence
Explanation: Sequential Interdependence may be explained as a manufacturing sequence, organization or coordination whereby a work or production process or routine between subunits or subdivisions is largely reliant on the output or completion of the preceeding unit.
Here, the preceeding step lays the foundation and determines what is done what in the nest process as they have to rely on the information, output, specification and recommendation of the preceeeding process. Hence, the next subdivision's process depends on the resources associated with the current subdivision. Therefore, each subdivision has to complete its process before the start of the next phase.
Van and her brother Trung both own homes valued at $175,000. Both pay property taxes at 1.25% and pay annual taxes of $2,187.50. They live in different neighborhoods. Van’s property value is expected to increase by 5% next year.Trung’s property value is expected to increase by 3%. How will these changes affect their property taxes? Check all that apply.
Answer:
Van's property tax will increase.
Trung's property tax will be less than Van's.
Trung's property tax will increase.
Explanation:
Data provided in the question
Value of the home = $175,000
Property taxes = 1.25%
Annual taxes = $2,187.50
Increased percentage for Van = 5%
Increased percentage for Trung = 3%
based on the above information, the affect is as follows
Van's property tax would rise as he expects his home's value to rise more than Trung's property value. Since the value of Van 's property is rising and rising more than that of Trung, Trung's would be less than that of Van. Because of the rise in value Trung's property tax is rising.
Peggy andrews has a charge account at davis jewelers, which uses the unpaid-balance method of computing finance charges. the periodic rate is 1.75%. peggy's previous balance is $9,472.08. she had payments and credits of $250.00. her new purchase of $45.00 was not included in the finance charge calculation. what is the new account balance including the new purchase? (hint: calculate finance charge before adding $45.00 to the balance.) $9,428.47 $9,222.08 $9,267.08 $9,429.25
Answer: $9428.47
Explanation:
Given the following :
Periodic rate = 1.75% = 0.0175
Previous balance = $9472.08
Payments and credit = $250
New purchase = $45
Unpaid balance = previous balance - payments and credit
Unpaid balance = $9,472.08 - $250 = $9222.08
Finance charge = unpaid balance × periodic rate
Finance charge= $9222.08 × 0.0175 = $161.3864
New balance = (unpaid balance + finance charge + new purchase)
New balance = $(9222.08 + 161.3864 + 45)
New balance = $9428.4664
New balance = $9,428.47
mention two hydrated salts.
Answer:
Sodium sulfate decahydrate and magnesium chloride hexahydrate are the two hydrated salts.
Explanation:
The hydrated salt is a type of crystalline salt molecule.This salt is loosely attached to the certain number of water particles In this the salts crystallize from the organic compound or the ions that preserve some of the moisturizing water molecules and build up hydrates.
The hydrated salts is the acid-based molecule that are produced by the combination of the acid's anion as well as the basic anion.The Water molecules are incorporated into the crystalline structure of the salt in hydrated salt.Which or the following is true of strong ties? Strong ties can be less valuable than having weak ties with people from diverse networks. Strong ties tend to represent people who are quite dissimilar to us. Strong ties are the most valuable ties we have. Strong ties tend to yield the most value in job hunting and career development. Strong ties take less time and energy to form and maintain.
Answer:
Strong ties take less time and energy to form and maintain.
Explanation:
Social ties can be defined as a connections shared by people in social arena. These social ties are used to share emotions, experiences, information, and so-forth. There are three types of social ties, strong, weak, and latent.
Strong social ties are those relationships that are shared between family and close friends. These relationships take less time and energy to build and maintain as there is a free flow of interaction. Whereas weak ties takes time and energy to maintain and build relationship. Example of weak-ties is the relationship shared with colleagues or strangers.
From the given options, the statement that is true about strong ties is that it takes less time and energy to build and maintain them, that is the last option.
Information regarding income levels, education, occupation, and ethnic groups in your target market is called
A. product-based research
B. advertising information
C. demographics
D. secondary research
Answer:
Option C. Demographics
Explanation:
Demographics are a population section of a particular target market depending upon specific demographic information which differentiates this section from other section population. These demographics mostly includes location, family status, occupation, education level, etc.
The difference between actual and standard cost caused by the difference between the actual quantity and the standard quantity is called the: Group of answer choices Controllable variance. Standard variance. Budget variance. Quantity variance. Price variance.
Answer:
Quantity variance.
Explanation:
The difference between actual and standard cost caused by the difference between the actual quantity and the standard quantity is called the Quantity variance.
For instance, if Tony needs a standard quantity of 50 pounds of iron to construct a burglary, but only used 51 pounds, then the quantity variance is 1 pound of iron.
Hence, the quantity variance is simply the difference between the actual quantity of materials that should be used and the quantity of materials that was used.
Douglas Industries produced 5,500 units of product that required 2.5 standard hours per unit. The standard fixed overhead cost per unit is $2.20 per hour at 13,500 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance.
Answer:
$550 favorable
Explanation:
Douglas industries was involved in the manufacturing of 5,500 units of a product which required 2.5 standard hours per unit.
The standard fixed overhead cost per unit is $2.20 for each hour at 13,500 hours
Therefore, the fixed factory overhead volume variance can be calculated as follows
= (13,500-(5,500×2.5hours)×$2.20
= (13,500-13,750)×$2.20
= -250 × $2.20
= -$550
= $550 favorable
Hence the fixed factory overhead volume variance is $550 favorable
2. Where does Steve Jobs’ power and influence come from?
Answer:
working with apple and creating the mac
Explanation:
Under Part F of the Personal Auto Policy, which of the following is correct when there are two or more auto policies issued by the insurer on the same auto? A The maximum that will be paid is equal to the limit of the policy with the higher limit of liability B Each policy will pay the loss independently of the other C This policy will be excess if the other policy is in a different insurer D Each policy will share equally in the loss
Answer:
C This policy will be excess if the other policy is in a different insurer.
Explanation:
Concurrent Insurance is a situation where there are more than one insurance policy for same risk. This is insurance policy which is usually with one primary policy covering the basic loss and then there is secondary policy which provides the excess loss coverage. There can be some clauses in the policy which will define the extend of the loss coverage. This is suitable for business with significant risks. Here also in the question there are two insurance policies for a personal auto.
Since horizontal integration is the process of acquiring and merging with _________, it is the type of corporate strategy that can improve a firm's strategic position in _______ industry/industries. Multiple Choice buyers, multiple competitors, multiple competitors, a single suppliers, a single suppliers, multiple
Answer:
Option A. Competitors, a single
Since horizontal integration is the process of acquiring and merging with Competitors, it is the type of corporate strategy that can improve a firm's strategic position in a Single industry/industries.
Explanation:
In a horizontal integration, the company acquires or merges its business with the competitor in same line of business to control the competition and market decisions. This helps the company to take most of the control of the single industry by increasing its bargaining price due to access to wider number of resources and product knowledge which enables the group to manufacture a differentiated product.
Hence the option A is correct.
Exhibit 15-3 Potatoes and wheat output (tons per day) Country Potatoes Wheat United States 4 2 Ireland 3 1 In Exhibit 15-3, the United States has an absolute advantage in producing: Group of answer choices
Answer:
The answer is "Both potatoes and wheat"
Explanation:
The actual value of US production is a productivity gain, which is the value of potatoes and wheat, since it will yield more with a given day than in Ireland. Unless the country has it, otherwise nation A (USA) created the product more for country B (Ireland), the benefit between two commodities. Instead of the national comparative benefit, foreign trade is based on the concept of competitive advantage.If you want to compare two different investments, what should you calculate? A. The compound interest B. The ROI percentages C. The ROI dollar amounts D. The capital gain Please select the best answer from the choices provided A B C D
Answer: B. The ROI percentages
Explanation: Making comparison between investments in terms of returns will involve calculating the ROI as a percentage. The ROI refers to the return on an investment which is the ratio of the net profit made from an investment and the cost of the investment. That is ;
ROI = (Net profit / cost of investment) × 100
Investment with greater or higher return on investment (ROI) is usually regarded as the best investment between alternatives. For instance two investments, A and B with ROI of 5% and 10% respectively. Investment B has a higher ROI than A and thus considered has the better investment decision.
Answer:
BBBBBBBBBBBBB
ROI percentages
Explanation:
did the test
A company purchased merchandise to be resold at increasing costs during the year 2019. The purchases were made at the following costs. 1. What are the number of units and the cost of the goods available for sale? 2. Assuming the LIFO periodic cost flow assumption, what will be the company's cost of goods sold for the 110 items sold in 2019? 3. Assuming the FIFO periodic cost flow assumption, what will be the company's cost of goods sold for the 110 items sold in 2019? 4. Assuming the periodic weighted-average cost flow assumption, what is the company's cost of goods sold for the 120 items sold in 2019? 5. Assuming the LIFO perpetual cost flow assumption, what will be the company's cost of goods sold if 10 units were sold on the last day of each month during the year 2019? 6. Assuming the perpetual moving-average cost flow assumption, what is the company's cost of goods sold for the 110 items sold in 2019? 7. A company's inventory was destroyed in a fire on January 28, 2020. The company's December 31, 2019 inventory had a cost of $40,000. The company's gross profit has consistently been 30% of sales. During January the company purchased merchandise costing $36,000 and sales of $50,000 at regular selling prices. What is the estimated cost of the inventory that was destroyed on January 28, 2020?
Answer:
7. $41,000
Explanation:
7. The company has $40,000 of inventory on December, it further purchased $36,000 of inventory in January. The sales in January amounted to $50,000 out of which 30% is gross profit. The cost of goods sold will be $35,000. The inventory that is destroyed by fire $41,000 ($40,000 + $36,000 - $35,000 ).
Jeremy signs a power of attorney document giving Keisha the authority to conduct transactions for him. What is the usual term for Keisha’s role in this situation? a. Custodian of records. b. Principal. c. Collective entity. d. Attorney-in-fact.
Answer:
d. Attorney-in-fact.
Explanation:
An attorney-in-fact is an individual whom you authorize to engage in any business or private transaction on your behalf. This means that the attorney-in-fact represents you and if he/she does something in your name (e.g. sign contracts, take debts) it will be your responsibility. E.g. if the attorney-in-fact signs a contract on your behalf, your are a party in that contract and must perform your obligations.
A person who is not employed and claims to be trying hard to find a job but really is not trying hard to find a job is a. counted as out of the labor force but should be counted as unemployed. b. counted as unemployed but should be counted as out of the labor force. c. correctly counted as out of the labor force. d. correctly counted as unemployed
Answer:
The correct answer is B.
Explanation:
Effectively, a person who is not employed and claims to be trying hard to find a job but really is not trying hard to find a job is counted as unemployed but should be counted as out of the labor force.
This is so because, according to the statistical criteria applicable to the labor market, the active population or labor force is considered to be all those people who are working or who, without work, are looking for it and in conditions to start working. work immediately. On the other hand, people who do not have the capacity or need to join the job market (due to age, health, wealth, etc.) or who do not work and are not looking for work, in order to have the conditions to do so, are considered passive population that is outside the labor force. The latter is the case of the person in question, who does not have a job and is not actively looking for it.
JVL Enterprises has set a target profit of $126,000. The company sells a single product for $50 per unit. Variable costs are $15 per unit and fixed costs total $98,000. How many units does JVL have to sell to BREAK-EVEN?
Answer:
The break even unit is 2800 units.
Explanation:
The target profit of JVL Enterprises = $126000
The selling price of a single unit (SP) = $50 per unit.
Variable cost (VC) = $15
Fixed cost of the production (FC) = $98000
Now find the break-even unit by dividing the fixed cost with the difference of selling price and variable cost.
The break even unit = FC / (SP-VC)
= 98000 / (50 – 15)
= 2800 units
Assume that we are in the MM world. Health and Wealth Company is financed entirely by common stock that is priced to offer a 12 percent expected return. If the company repurchases 20 percent of the common stock and substitutes an equal value of debt yielding 8 percent, what is the expected return on the common stock after refinancing
Answer:
13%
Explanation:
the new cost of equity = old cost of equity + [(debt / equity) x (old cost of equity - cost of debt)]
the new cost of equity = 12%+ [(20 / 80) x (12% - 8%)] = 12% + 1% = 13%
Since we are in the MM world, taxes do not exist, therefore they are not included in the equation.
Company FM2 must pay 200,000 in 4 years. In order to fully immunized from changes in interest rate, the company invests in a 3 year zero coupon bond that matures for 90,000 and a 5 year zero coupon bond that matures for X. The actuary for Company FM2 determined that their portfolio fully immunized their ability to meet their obligations at the current interest rate i. Calculate X.
Answer:
11.10%
Explanation:
The computation of the X is shown below;
The first equation is
$90,000 ÷ ( 1 + interest rate)^3 + X ÷ (1 + interest rate)^5 = $200,000 ÷ (1 + interest rate)^4
$90,000 × (1 + interest rate)^2 + X = $200,000 × (1 + interest rate)..........(I)
As we are assuming company has invested in both the bonds
So,
The second equation is
$90,000 (1 + interest rate)^2 = X ...................................(2)
By considering the both equation
we can derive that
X = $100,000 × (1 + interest rate)
Now the (1 + interest rate) is
= $100,000 ÷ $90,000
= 11.10%
T-bills are offered in what monetary increment? $1 $10 $100 $1000
Answer:
1,000 is the answer
Explanation:
Because it is
Answer:
The correct answer is $100
Explanation:
This information has come directly from the U.S department of treasury.
Bob needs to create an agreement between his company and a third-party organization that demonstrates a "convergence of will" between the parties so that they can work together. Which type of agreement will Bob use?
Answer: Memorandum Of Understanding (MOU)
Explanation: A memorandum of understanding may be explained as a binding document between two or more parties usually employed to showcase an agreement in action, decision or intent of the parties involved. The memorandum of Understanding may be adopted to serve as a commitment to partner between two or more parties where the parties prefer to adopt a gentle or leave out legal procedure in their agreement deal.
In the scenario above, Bob will have to create a Memorandum of Understanding which will be signed by Bob's company and the third party to signify a convergence of will between them.
Linda is an accountant at a major conglomerate. Her job profile states that she has to access not only the data from her firm, but also the data from the firms that compose the conglomerate as a whole. On which of these networks is Linda most likely working?
Answer:
firms
Explanation:
What best describes the kinds of companies in which a socially responsible
investor would invest his or her money?
O A. Companies that rely on nonmonetary calculations when doing
cost-benefit analysis
B. Companies with a business model and social mission that the
investor supports
O C. Companies that put profit-maximization above all other
considerations
O D. Companies that work toward decreasing marginal utility for a
society
Answer: Companies with a business model and social mission that the
investor supports
On the worksheet, the Service Revenue account has a credit balance of $20,000 on the Unadjusted Trial Balance. In the Adjustments there is a credit of $2,000. What is the amount for Service Revenue in the Adjusted Trial Balance?
Answer:
$22,000
Explanation:
Data provided
Credit balance = $20,000
Credit amount = $2,000
The computation of the amount for Service Revenue in the Adjusted Trial Balance is shown below:-
The Amount for service revenue = Credit balance + Credit amount
= $20,000 + $2,000
= $22,000
Therefore we have applied the above formula for determining the Amount for service revenue.
Phoenix Guitars is interested in pursuing backward integration to take greater ownership of the extraction of raw materials and production of components used in its signature line of guitars. Although this approach would lower the overall cost of producing a guitar, the costs associated with producing electronic pickups for sound amplification are far greater than those associated with sourcing pickups from a reliable supplier. Which of the following approaches is likely to produce superior results?
A) Invest in vertical integration despite the cost of producing pickups.
B) Abandon the idea of vertical integration entirely.
C) Pursue taper integration.
D) Introduce a budget line of guitars to diversify the firm's offeri
Answer:
Option A
Explanation:
In simple words, Regardless of the expense of making guitars, the technique reduces the total cost of manufacturing a instrument. Phoenix would be in the production business of instruments, not pickups.
The target of this technique is therefore the entire guitar, not really the pickups. The smaller the process of manufacturing their instruments, the better manoeuvrability they have on the market. When they have reduced costs, they may change rates downwards in order to capture further market penetration.
Suppose monetary neutrality holds and velocity is constant. A 5 percent increase in the money supply increases the price level by less than 5 percent. increases the price level by more than 5 percent. increases the price level by 5 percent. does not change the price level.
Answer: Increases the price level by 5 percent
Explanation:
Monetary Neutrality is a theory in Economics that posits that when there is a change in money supply in an economy, the only variables affected are the nominal ones like price level and wages and Real variables like GDP and employment are not affected.
It holds that when there is an increase in money supply, there is an equivalent increase in Price level as well because the value of money has fallen by the rate of the monetary increase. The Price level rising at the same rate is to compensate.
A 5 percent increase in the money supply will therefore increase the price level by 5 percent.
Silas Company reported the following information for 2015: Sales revenue $500,000 Cost of goods sold 350,000 Operating expenses 55,000 Unrealized holding gain on available-for-sale securities 20,000 Cash dividends received on the securities 2,000 For 2015, Silas would report comprehensive income of
Answer:
$20,000
Explanation:
Since there are cash gains that have not been realized as a result of the goods not being sold complete;y. This means that there is still more cash for to be inputted into the account information when a comprehensive income review is done.
from the question, it shows that $20,000 is te unrealized gain and as such is the going to be part of comprehensive income when the books of Silas company are to be reckoned.
Cheers.
Office Procedure
a) Encplain the meaning and need of office procedure:
Answer:
Meaning of Office procedure:Office procedure is the combination of two words : office and procedure. Office means the place where overall administrative and clerical functions are performed for achieving organizational goals. Procedure means a series of actions conducted in a certain manner, an established way of doing something, a process of making decision and the specific way of performing official task which is set by the office as per organizational objectIves for getting decision from authorized level.
The process of getting decisions from the authorized level in order to perform a specific official task as per the objectives set by office or organization is called office procedure.
Need of office procedure:It is necessary for an organization to carry out the official activities following certain procedures. These procedures are adopted in a systematic way by considering rules and policies of the organization. The following points highlight the importance or need of office procedures:
Effective office performanceIt provides a necessary guidance about official system. So , it supports to perform the official jobs in a simple and uniform way.
Brings flexibilityOffice procedures involve the provision of flexibility in official activities. It is the reason that it supports to perform the organizational activities in a flexible and effective manner.
Support to subordinatesIt involves necessary information of past and present performance of office. It provides support to involve the subordinate level staff in decision making process. It increases the commitment of lower level staff.
Develop participatory approachIt facilitates to develop participatory approach for solution of official problems. It considers the opinion , ideas and information provided by the subordinate level staff in decision making process.
Fulfill legal requirementIt involves systematic and safely preservation of valuable official documents in proper files. Whenever any documents are required to government officials it can be provided within proper time. Therefore, it facilitates to fulfill legal procedures and requirements.
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All of the following are assumptions of cost-volume-profit analysis except a.the sales mix is constant. b.costs can be divided into fixed and variable components. c.there is no change in inventory quantities during the period. d.within the relevant range of operating activity, the efficiency of operations can change.
Answer:
d. within the relevant range of operating activity, the efficiency of operations can change.
Explanation:
Cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.
Generally, to use the cost-volume-profit analysis, financial experts usually make some assumptions and these are;
1. Sales price per unit product is kept constant.
2. Variable costs per unit product are kept constant and the total fixed costs of production are kept constant i.e costs can be divided into fixed and variable components.
3. All the units produced are sold i.e there is no change in inventory quantities during the period.
5. The costs accrued are as a result of change in business activities.
6. A company selling more than a product should simply sell in the same mix i.e the sales mix is constant.
Hence, the aforementioned are assumptions of cost-volume-profit analysis except that, within the relevant range of operating activity, the efficiency of operations can change.
All of the following are assumptions of cost-volume-profit analysis except within the relevant range of operating activity, the efficiency of operations can change. Thus, option D is the correct option.
The break-even analysis, also known as cost-volume-profit analysis, is a crucial technique for forecasting the amount of activity, expenditures to be incurred, sales to be produced, and profits to be realized. It is employed to assess how variations in various activity levels, such as expenses and volume, impact an organization's operating income and net income.
Financial professionals typically utilize the cost-volume-profit analysis and base their decisions on the following assumptions:
The unit sales price of the product is constant.The overall fixed costs of production are maintained at a consistent level, allowing for the division of costs into fixed and variable components.Learn more about cost-volume-profit here:
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