Answer: critical ratio
Explanation:
The priority rule which processes jobs according to the smallest ratio of due date to processing time is refered to as the critical ratio.
The critical ratio (CR) is typically used in sequencing work especially during projects or in organizations. For this sequencing, the job that has the lowest critical ratio will be the one that will have to be scheduled first for processing.
A plant utilizes 4 full time workers and 1 part time (half time) worker in one 8 hours shift and produces 150 parts in that shift. What is the labor productivity?
a. 3.5 parts per hour
b. 5.3 parts per hour
c. 2.17 parts per hour
d. 4.17 parts per hour
Answer: d. 4.17 parts per hour
Explanation:
There are 4 fulltime workers and 1 halftime worker working in 8 hour shifts.
= 4 workers * 8 hours
= 32 hours
Halftime worker = 8/2 = 4 hours
Total hours = 32 + 4 = 36 hours
Labor productivity = Quantity produced/Hours
= 150/36
= 4.17 parts per hours
Explain at least four types of ethical misconduct in financial transactions. Explain how these work with appropriate illustrations followed by real-life examples as far as possible for each type
The correct answer to this open question is the following.
We can help you with the four cases of financial misconduct.
So the four types of ethical misconduct in financial transactions are
1.- Fraudulent Financial Reporting. This is when the top company management lies about financial statements. These companies cheat on the investors of the company for a particular agenda. It also can be the case when top management tries to keep the share price of the corporation.
2.- Stealing, today technically called Missaprpriation of Assets. In this case, employees use the company's assets for personal reasons. The employee even can steal money from the company's accounts.
3.- Bribering. A member of the company bribes a government official in order to have influence in some regulations.
4.- Disclosure. A member of the company discloses important information considered private or "Top Secret," trying to create a personal advantage or for a competitor.
A liquidity ratio measures the :___________.
A) income or operating success of an enterprise over a period of time
B) ability of the enterprise to survive over a long period of time.
C) short-term ability of the enterprise to pay its maturing obligations and to meet unexpected needs for cash.
D) number of times interest is earned.
Answer:
C. Short term ability of the enterprise to pay its maturing obligations and to meet unexpected needs for cash
Explanation:
Oftentimes enterprise need cash to meet its daily financially need or business obligations. The ability to meet such daily or short term need is called liquidity ratio.
The primary purpose why enterprises are in business is to make profit, however, its daily operations must continue which will be financed with cash. Liquidity ratio shows that an enterprise is financially buoyant to meet its unexpected needs for cash and also to pay its occurring business obligation.
Chez Fred Bakery estimates the allowance for uncollectible accounts at 3% of the ending balance of accounts receivable. During 2018, Chez Fred's credit sales and collections were $125,000 and $131,000, respectively. What was the balance of accounts receivable on January 1, 2018, if $180 in accounts receivable were written off during 2018 and if the allowance account had a balance of $750 on December 31, 2018
Answer:
The balance of accounts receivable on January 1, 2018 is $31,180.
Explanation:
The following are given in the question:
Percentage of allowance for uncollectible accounts = 3%
Credit sales = $125,000
Collections = $131,000
Amount written off = $180
Therefore, we have:
Account receivable on 31 December 2018 * 3% = $750
Account receivable on 31 December 2018 = $750 / 3% = $25,000
Accounts receivable on 01 January 2018 = Account receivable on 31 December 2018 - Credit sales + Collections + Amount written off = $25,000 - $125,000 + $131,000 + $180 = $31,180
Therefore, the balance of accounts receivable on January 1, 2018 is $31,180.
The annual coupon rate is 2%, but coupons are paid semiannually. The yield to maturity was 1.85%. If the par value is $100,000, how much did you pay for this bond
Answer:
Hi the number of years to maturity for this Bond is missing. I have tried to search for the full question online but could not find it. However, I will help you get the technique to solve this problem.
The amount of money you pay for the Bond is its Present Value (PV) normally called Current Price of the Bond.
To calculate this, you should have the other remaining elements of the Bond which are : Coupon rate (PMT) , Period of payments within a year (P/YR), Yield To Maturity (YTM), Par Value (Future Value of Bond).
So assuming that the Bond in question matures in 5 years the calculation will be as follows :
Pmt = (1,000,000 × 2%) ÷ 2 = $10,000
Ytm = 1.85 %
Fv = $1,000,000
P/yr = 2
N = 5 × 2 = 10
Pv = ?
You would pay $1,007,132 for this bond
Select the correct answer.
Which statement is true for a short-term goal?
A.
It is usually complex.
B.
It usually requires one to exert a lot of effort.
C.
It is usually related to the bigger things that you want to achieve.
D.
It usually takes less than a year to achieve.
Answer:
D
Explanation:
A short term is something you can achieve in less than 12 months.
On April 1, year 1, Mary borrowed $240,000 to refinance the original mortgage on her principal residence. Mary paid 3 points to reduce her interest rate from 6 percent to 5 percent. The loan is for a 30-year period. How much can Mary deduct in year 1 for her points paid?
a) $240.
b) $180.
c) $5,400.
d) $7,200.
Answer:
b) $180
Explanation:
The answer to this question is option d, below is how I came up with this solution.
Loan period = 30 years
Amount borrowed = $240,000
3 points = 3 percent = 0.03
$240,000 x 0.03 = $7,200
9/360 = 0.025
7200 x 0.025
= 180 dollars.
From these calculations above, Mary can deduct 180 dollars in year 1 for her points paid
Reducing laws and rules businesses have to follow is an example of
Question 12 options:
comparative advantage
deregulation
production possibilities
regulation
Answer:comparative advantage
Explanation:
Deregulation can be defined as a process of reducing laws and rules business have to follow to conduct their regular business activities. Therefore, the option B holds true.
What is the significance of deregulation?Deregulation can be referred to or considered as a process of lowering the number or amount of regulations that are applicable to be followed by a person governed under such regulations. These regulations are completely binding upon the person who is being governed.
For example, when a government authority reduces the laws and rules needed to be followed by enterprises in its economy, it can be said that the government is following the process of deregulation in its economy. Deregulation may be done to promote the conduct of business activities.
Therefore, the option B holds true and states regarding the significance of the process of deregulation.
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sold parts to a Korean customer on December 16, 2021, with payment of 20 million Korean won to be received on January 15, 2022. The following exchange rates applied: Date Spot Rate Forward Rate to Jan.15 December 16, 2021 $ 0.00082 $ 0.00089 December 31, 2021 0.00080 0.00083 January 15, 2022 0.00086 0.00086 Assuming a forward contract was entered into on December 16, at what amount should the forward contract be recorded at December 31, 2021
Answer:
the amount of the forward contract be recorded is $1,188
Explanation:
The computation of the amount of the forward contract be recorded is shown below
= (Forward rate as on Dec 16 - forward rate as on Dec 31) × Payment amount × present value of one month at 12%
= ($0.00089 - $0.00083) × $20,000,000 × 0.9901
= $0.00006 × $20,000,000 × 0.9901
= $1,200 × 0.9901
= $1,188
Hence, the amount of the forward contract be recorded is $1,188
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Natalie and Curtis have been experiencing great demand for their cookies and muffins. As a result, they are now thinking about buying a commercial oven. They know which oven they want and that it will cost $17,000. The company already has $5,000 set aside for the purchase and will need to borrow the rest. Natalie and Curtis met with a bank manager to discuss their options. She is willing to lend Cookie
Answer:
Natalie and Curtis Cookie Company
The bank manager is willing to lend Cookie $12,000.
Explanation:
a) Data and Calculations:
Cost of equipment (commercial oven) to be purchased = $17,000
Amount already set aside by the company for the purchase = $5,000
Difference required from the bank = $12,000 ($17,000 - $5,000).
b) The bank manager should be willing to lend the company the sum of $12,000, which will make up the balance for the purchase of the commercial oven. The cost of the oven is $17,000 and the company had set aside $5,000. This means that it remains $12,000 to make up the purchase cost. The negotiation for a bank loan will concentrate on the $12,000 required to make up the amount.
Pigskin Inc. produces and sells leather handbags. Sales are 40% in cash and 60% on account. Cash from sales on account is collected 50% in the month of sale and 50% in the month following. In February, Pigskin has total sales revenue of $160,000 and total cash collections of $172,000. Compute the total sales revenues for the month of January. Group of answer choices $200,000 $220,000 $60,000 $120,000 None of the other answers are correct
Answer:
None of the other answers are correct
Explanation:
February Data is given as :
Total Sales Revenue = $160,000
Total Cash Collections = $172,000
Thus the using the February Total Credit Sales in January will be
40 % = February Cash Collection
= $172,000 × 40%
= $68,800
50 % of remainder = February credit sales collection
= (172,000 - 68,800) × 50%
= $51,600
50 % of remainder = January credit sales collection
= (172,000 - 68,800) × 50%
= $51,600
Then January Credit Sales will be : $51,600 × 2 = $103,200
But this is only 60 % of the total sales.
The full 100 % will be : 100 % / 60 % × $103,200 = $172,000
Therefore,
Using this data give None of the other answers are correct
Piper Pizzaâs pizza-and-sub deal is back! Any consumer who orders two pizzas will get a free meatball sub. Piper Pizzaâs promotion uses ____ to increase short-term sales.
Answer:
YUMMM
Explanation:
Pizza sounds good, sorry lol
Any consumer who orders two pizzas will get a free meatball sub. Piper Pizzas' promotion uses loyalty programs to increase short-term sales.
What type of promotion is a loyalty program?Retailers and other companies who sponsor loyalty programs do so in an effort to draw and keep consumers by providing prizes, discounts, and other unique incentives. They are made to reward customers for their brand or shop loyalty and promote repeat business (hence the name). Usually, a consumer receives bigger benefits the more frequently they shop at the business and the more money they spend.
The purpose of loyalty programs is to reward customers for their continued patronage by providing benefits, discounts, or other unique incentives. Companies profit from loyalty programs not only by fostering client loyalty but also by receiving vital data on consumer spending patterns and the most tempting goods or offers. Retailers and other businesses provide loyalty programs as a strategy to draw in and keep consumers.
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Select the correct answer.
Annie runs a group therapy session on anger management. In one of the sessions, she finds that the members have become aggressive and are having heated arguments with each other. What technique can Annie use to bring the discussion back into order?
A. terminate the discussion for the day
B. call for a moment of silence
C. pass a clipboard for people to write their feelings
D. ask the aggressive members to leave the group
E. introduce humor in the session to ward off the argument
Answer:
c. pass a clipboard for people to write their feelings.
Explanation:
terminating the discussion won't solve their hassles in their head nor asking them to leave. moment of silence, yeah it can be done but won't be that effective. so as for me I would suggest to know each of their feelings and understand them. that way we may be able to give opinions on each other's thought.
Answer:
B. call for a moment of silence
Explanation:
"Proposing silence: A moment of silence can help people to calm down and refocus if tensions are high. This also helps when there is a lot of crosstalk with people interrupting each other."
correct on plato/edmentum :)
Bank reserves are $200, the public holds $1000 in currency, and the reserve-deposit ratio is 20%. What is the Value of Bank Deposits? What is the Money Supply? Suppose that the Fed sells $50 worth of bonds in an "open market sale." Assuming that the public does not wish to change the amount of currency it holds, what is the new money supply after this open market purchase? Please enter your answers as numerical responses (ie. 100 or $100 not "One Hundred Dollars")
Answer:
What is the Value of Bank Deposits?
bank deposits = bank reserves / required reserve ratio = $200 / 20% = $1,000
What is the Money Supply?
money supply = bank deposits + currency held by the public = $1,000 + $1,00 = $2,000
Suppose that the Fed sells $50 worth of bonds in an "open market sale." Assuming that the public does not wish to change the amount of currency it holds, what is the new money supply after this open market purchase?
if the FED sells $50 worth of bonds, money supply will decrease by $50 x (1 / 20%) = $50 x 5 = $250
total money supply = $2,000 - $250 = $1,750
In ________, salespeople are independent contractors who not only sell the product, but also recruit additional salespeople.
Answer:
Multi-level marketing.
Explanation:
A business organization that is run with multi-level marketing strategy typically has 3 sources of income:
- The amount of money that each person have to pay in order to gain the membership status.
- The amount of money that memberships owners have to pay to be a distributor of their product
- The amount of money that they get from the sales of their product.
Most multi-level marketing companies will provide their members with some sort of 'Reward' if they managed to convert other people into purchasing memberships to organization. So, the more their members convert other people, the more wealthy that members will be. This will create a hierarchy like within an organization where the members who bring the most memberships place at the top of the hierarchy.
Why do people donate to charitable organizations? Check all that apply.
•to do what is right
•to support a cause
•to develop their skills
•to earn college credit
•to spend time with friends
The act of helping others, donating to volunteering, or charity your time, will give you an improved feeling of well-being. The correct option is 'B' and 'C'.
What is Charitable Organizations?
The understanding that you've sacrificed time and/or money to help others create or need approving the change in the world is a stunning thing.
Your monetary donations can belong to causalities that promote more useful health, fund medical investigation, stock food stakes, or sponsorship organizations that fight poverty.
Investing in charities is like creating an investment towards a more useful destiny for your employees and your corporation
Therefore, The people donate to charitable organizations to help for a reason. The correct option is 'B' and 'C'.
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Answer:
A B C
Explanation:
The balance sheet, the statement of cash flows, and the ______________ are three key financial statements prepared by accountants.
Group of answer choices
Answer:
Income statement
Explanation:
The income statement will provide the company's total Expenses and Revenues within one financial period.
The difference between these expenses and revenues will determine whether the company's operation is considered as profitable in that year. (if the revenue outnumbered the expenses, the company incurred a net profit).
Shareholders use company's typically use income statement to calculate the amount of revenue that they'll obtain from their percentage of shares.
On March 31, 2021, Top Notch Goods committed to a plan to sell machinery equipment. The machinery equipment was available for immediate sale, and an active plan to locate a buyer was initiated. The machinery equipment had been purchased on January 1, 2019, for $260,000. The machinery equipment had an estimated six-year service life and residual value of $20,000. The machinery equipment was being depreciated using the straight-line method. Top Notch Good's fiscal year ends on December 31.Calculate the equipment’s book value as of March 31, 2021By December 31, 2021, the machinery equipment has not been sold, but management expects that it will be sold in 2022 for $150,000. For what amount is the machinery equipment reported in the December 31, 2021, balance sheet?
Answer:
$150,000
Explanation:
This machine is to be classified as an asset held for sale. The assets held for sake are carried on the Statement of Financial Statement at the amount lower of Fair Market Value and the Carrying Amount.
A capital budgeting project has a net investment of $415,000 and is expected to generate net cash flows of $138,000 annually for 4 years. What is the net present value at a 11% required rate of return?
Answer:
the net present value is $13,131
Explanation:
The computation of the net present value is shown below
As we know that
Net present value = Annual cash inflows × PVIFA factor for 4 years at 11% - Initial investment
= $138,000 × 3.1024 - $415,000
= $428,131 - $415,000
= $13,131
Hence, the net present value is $13,131
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Jessica retired at age 65. On the date of her retirement, the balance in her traditional IRA was $218,000. Over the years, Jessica had made $21,800 of nondeductible contributions and $69,000 of deductible contributions to the account. If Jessica receives a $68,000 distribution from the IRA on the date of retirement, what amount of the distribution is taxable?
and its not 51000
Answer:
The amount of the distribution that is taxable is $61,200.
Explanation:
The following are given in the question:
Balance in IRA = $218,000
Nondeductible contributions = $21,800
Amount of distribution received = $68,000
Therefore, we have:
Nondeductible portion = Nondeductible contributions / Balance in IRA = $21,800 / $218,000 = 0.10
Taxable portion = 1 - Nondeductible portion = 1 - 0.10 = 0.90
Taxable amount = Taxable portion * Amount of distribution received = 0.90 * $68,000 = $61,200
Therefore, the amount of the distribution that is taxable is $61,200.
A company's managers have decided to issue bonds to raise financial capital. What is the first step in this process?
A. Selling the bonds to investors
B. Contacting a financial advisory firm
C. Filing documents with the SEC
D. Determining the firm's creditworthiness
E. Preparing documentation
Answer: Contacting a financial advisory firm
Explanation:
Since the company's managers have decided to issue bonds to raise financial capital, the first step in this process is for them to contact a financial advisory firm.
The financial advisory firm would help in giving advice and also consultation regarding the finance of the company and provide them with strategies that can help the company reduce costs and achieve their financial goals.
You want to have $500,000 in today's (real) dollars when you retire in 40 years. The expected inflation rate is 1.1% and the nominal return on your investments is 6.5%. How much money do you have to save now if you can't make any additional deposits?
Answer:
Initial deposit= $62,378.07
Explanation:
First, we need to calculate the nominal value of $500,000 in 40 years:
Future Value= PV*(1+r)^n
r= inflation rate
FV= 500,000*(1.011^40)
FV= $774,490.74
Now, the initial deposit (PV) to be made in the present:
PV= FV/(1+i)^n
i= interest rate
PV= 774,490.74 / (1.065^40)
PV= $62,378.07
Four years ago, Lyle Mercer was injured in a railroad accident and sued the railroad for damages. The jury required the railroad to pay $600,000 compensation for his physical injuries, $150,000 for lost wages during his long recuperation, and $1,000,000 punitive damages. How much of the $1,750,000 settlement is included in Lyle's gross income?
Answer and Explanation:
The amount that settled is as follows
The total amount is $1,750,000
Out of which
The amount of
= $1,000,000 + $150,000
= $1,150,000
This would be involved in the AGL of L and the $600,000 would not be involved in the gross income as the taxpayer got injured by the other party act
So, the same is to be considered
Bau Long-Haul, Incorporated, is considering the purchase of a tractor-trailer that would cost $459,153, would have a useful life of 7 years, and would have no salvage value. The tractor-trailer would be used in the company's hauling business, resulting in additional net cash inflows of $76,500 per year. The internal rate of return on the investment in the tractor-trailer is closest to (Ignore income taxes.):
Answer:
the internal rate of return is 4%
Explanation:
The computation of the internal rate of return is shown below
Internal rate of return factor
= Investment required ÷ Net annual cash inflow
= $459,153 ÷ $76,500
= 6.002
The factor of 6.002 for 7 years shows an internal rate of return of 4% in a present value of annuity factor table of $1 in arrears
hence, the internal rate of return is 4%
We simply applied the above formula so that the correct factor could come
And, the same is to be considered
Beacon Industries,Inc. thinking about having one of its products manufactured by a subcontractor.Currently , the cost of manufacturing 1,000 units follows :
Direct material $45,000
Direct labor 30,000
Factory overhead (30 % is variable ) 98,000
If Beacon can buy 1,000 units from a subcontractor for $ 100,000 , it should:_______
Answer:
It is cheaper to buy the product.
Explanation:
Giving the following information:
Production:
Direct material $45,000
Direct labor 30,000
Factory overhead (30 % is variable ) 98,000
Buy:
Total cost= $100,000
I will assume that none of the fixed overhead avoidable. Therefore, we will take into account only the variable overhead.
Total variable production cost= 45,000 + 30,000 + (98,000*0.3)
Total variable production cost= $104,400
It is cheaper to buy the product.
Solvency is of most interest to:_____.
a. stockholders.
b. long-term creditors.
c. short-term creditors.
d. competitors.
Answer:
b. long-term creditors.
Explanation:
Meeting up with a corporations semipermanent depths and money obligations is what economic condition is seen to speak about; this can be why it's labelled to be the interest of the same creditors within the on top of question. within the end of the day, itbis seen that tons of corporations have negative shareholders’ equity, that is generally a symptom of insolvency; insinuates that an organization has no value, and this might even cause personal losses for little business homeowners if not protected by indebtedness terms if an organization should shut. In essence, if an organization was needed to right away fold, it'd have to be compelled to liquidate all of its assets and pay off all of its liabilities, going away solely the shareholders equity as a remaining valuehave negative shareholders’ equity, that may be a sign of financial condition.
If a company sells its average quantity of goods in inventory every 14.6 days, its inventory turn ratio is:
Answer:
the inventory turnover ratio is 25 times
Explanation:
The computation of the inventory turnover ratio is shown below:
As we know that
Inventory turnover period = 365 ÷ inventory turnover ratio
So, the inventory turnover ratio is
= 365 days ÷ 14.6 days
= 25 times
Hence, the inventory turnover ratio is 25 times
We simply applied the above formula so that the correct value could come
And, the same is to be considered
The inventory turnover ratio would be 25 times
We know that inventory turnover period is computed as;
Inventory turnover period = 365 ÷ inventory turnover ratio
Therefore,
The inventory turnover ratio
= 365 days ÷ 14.6 days
= 25 times
It therefore means that If a company sells its average quantity of goods in inventory every 14.6 days, its inventory turn ratio is 25 times
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Liquidity is best defined as the ease of converting an asset into cash. the direct exchange of goods and services for other goods and services. money with no intrinsic value. anything that is accepted in exchange for goods or for the payment of debt. Identify which asset is the most liquid. stock certificate 6 month certificate of deposit real estate checking account
Answer:
as the ease of converting an asset into cash.
checking account
Explanation:
Liquidity refers to the ease of converting an asset into cash. Cash is the most liquid asset. While assets like real estate are less liquid because it is difficult to convert it to cash as their a lot of processes that must be undertaken before real estate can be converted to cash.
Checking account is the most liquid because it can be easily converted to cash.
Which of the following taxes would be deducted in determining an employee's net pay?
a. FUTA taxes
b. all are correct
c. FICA taxes
d. SUTA taxes
Answer:
c. FICA taxes
Explanation:
The FICA taxes are the taxes that contributed in the federal insurance and the same is deducted from the income also the benefits would also received in this. The benefits could be in terms of social security, medicare, retirement benefits
Therefore as per the given options, the option C is to be selected
Hence, all the other options would be ignored
Some individuals argue that accountants should focus on producing financial statements and leave the design and production of managerial reports to information systems specialists. What are the advantages and disadvantages of following this advice? To what extent should accountants be involved in producing reports that include more than just financial measures of performance? Why?
Answer:
If this advice was followed, two systems would result which means higher costs. Accountants must be aware of what is happening in the organization in order to perform correctly. This doesn't mean that only accountants should be involved, but you cannot exclude them.
Accountants are trained in systems development and they should be able to produce reliable information. In order for information to be useful, it must be reliable and relevant. If accountants do not participate in the development of a company's system, then the quality of the information will decrease. Non-reliable information is not useful.