The split-off point is the point at which individual products resulting from a joint process can be identified. FALSE
A product is an object, or device, or service made to be had for customer use as of the consumer call for; it's miles some thing that may be supplied to a marketplace to fulfill the desire or want of a customer.
A product is any item or service you promote to serve a patron's need or need. They can be bodily or virtual. physical merchandise encompass long lasting items (like vehicles, furnishings, and computer systems) and nondurable items (like food and drinks).
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btn 1-1 you are the managerial accountant at infostore, a manufacturer of hard drives. its reporting year-end is december 31. the chief financial officer is concerned about having enough cash to pay the expected income tax bill because of poor cash flow management. on november 15, the purchasing department purchased excess inventory of raw materials in anticipation of rapid sales growth beginning in january. the chief financial officer tells you to record the purchase of raw materials as an expense in the current year; this would decrease the company's tax liabllity by increasing expenses and reducing income required 1. in which account should the purchase of raw materials be recorded? 2. how should you respond to this request by the chief financial officer?
Management accountants' paintings for public businesses, private agencies, and government businesses. Their duties encompass recording and crunching numbers, assisting to pick out and manipulate employer investments, hazard management, budgeting, making plans, strategizing, and selection-making.
Managerial accounting (also called fee accounting or management accounting) is a branch of accounting this is concerned with the identification, measurement, analysis, and interpretation of accounting data order that it could be used to help managers make informed operational choices.
Managerial accountants calculate overhead prices and other variables to decide the authentic value of a product or service, which could offer courses for organizations trying to sell or divest. cash drift analysis. Managerial accountants can also be tasked with determining the coins impact of numerous business choices.
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Oil prices are denominated in terms of _____ in international commodities markets.
Oil prices are denominated in the terms of dollars in the international commodities markets.
Define commodities?
Describe commodities. Commodities are the basic components used to make the goods buyers purchase, such as food, furniture, gasoline, and other fuels. A few examples of commodities are agricultural goods like wheat and cattle, energy goods like oil and natural gas, and metals like gold, silver, and aluminum.
What are examples of commodities?
A commodity is a basic good that is used in commerce and may be exchanged for other commodities of the same kind. Commodities are utilized generally as inputs in the creation of other goods and services .Classic examples of commodities are grains, gold, pork, oil, and natural gas.
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in today's legal environment, managers who are convicted for the misuse of information systems are unlikely to be given a prison sentence. group of answer choices true false
Managers guilty of misusing information technology are unlikely to face prison time in today's legal environment. It is untrue. Thus, the correct choice is false.
What is a legal environment?The legal environment of business refers to the acts of the government in regard to the trade and commerce of the country. It also includes contemporary economic control trends, taxation policies, firm history, and market competitive regulation.
Legal difficulties affect businesses in a number of ways. Corporate and corporate regulations determine whether a product is legal to sell in the market. Furthermore, a company must adhere to national standards and laws when it comes to product marketing, selling, inventory management, and so on.
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__________ refers to such tactics as paying people to say good things about a product on the Internet or setting up multilevel selling schemes that reward people for directing their friends to a company's website.
viral marketing
product promotion Which of following describes the practice that paying for a product to be featured positively in a television program or motion picture? broadcast and cable television
What kinds of products are there?Goods, shopping products, specialty items, and unsought goods are the four categories of products, and each is categorized according to consumer preferences, pricing, and product features.
Describe a brand product.When marketers present a products to the customers with its own distinctive identity, this is known as product branding. This can be done via the product name, brand, design, or any other feature that sets it apart from competing products.
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e-eyes.com just issued some new 20/20 preferred stock. the issue will pay an annual dividend of $14 in perpetuity, beginning 19 years from now. if the market requires a return of 4.4 percent on this investment, how much does a share of preferred stock cost today? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Share of preferred stock cost today is $ 146.58 Approximately
The price is computed as shown below:
= 1 / (1 + required rate of return)18 x (Annual dividend / required rate of return)
= 1 / 1.04418 x ($ 14 / 0.044)
= $ 146.58 Approximately
Preferred shares are so called due to the fact they provide their owners a concern declare every time a organisation will pay dividends or distributes property to shareholders. They provide no choice, but, in corporate governance, and desired shareholders often have no vote in employer elections.
Preferred stock is a part of share capital that could have any mixture of capabilities not possessed by means of commonplace inventory, which include houses of both an equity and a debt instrument, and is generally considered a hybrid tool.
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martin corp estimates the allowance for uncollectible accounts at 3% of the ending balance of accoungts receivable
The percentage-of-receivables method is centered on the balance sheet and how the provision for bad debts relates to other accounts.
What is the mission of Lockheed Martin Corporation?Lockheed Martin is a global security and aerospace company with its headquarters in Bethesda, Maryland. It employs about 114,000 people worldwide and focuses primarily on the research, design, development, manufacture, integration, and maintenance of advanced technology systems, products, and services.
How are uncollectible accounts recorded?The journal entry to write off an account when a certain customer's balance is determined to be uncollectible is: A reduction in the amount owed (to remove the amount that will not be collected) A reduction in the reserve for speculative accounts (to reduce the Allowance balance that was previously established).
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Moonbeam Company manufactures toasters. For the first 8 months of 2020, the company reported the following operating results while operating at 75% of plant capacity:
Sales (336,000 units) $4,377,000
Cost of goods sold 2,592,000
Gross profit 1,785,000
Operating expenses 840,000
Net income $945,000
The cost of goods sold was 70% variable and 30% fixed; operating expenses were 80% variable and 20% fixed.
In September, Moonbeam receives a special order for 21,600 toasters at $8.12 each from Luna Company of Ciudad Juarez. Acceptance of the order would result in an additional $3,100 of shipping costs but no increase in fixed costs.
Prepare an incremental analysis for the special order.
Prepare an incremental analysis for the special order is 46,300. Something increasing incrementally is described as doing so over a short period of time.
Businesses utilize incremental analysis as a decision-making tool to compare the actual costs of several options. The incremental analysis method is also known as the applicable cost approach, marginal analysis, or differential analysis. Incremental analysis is a method for evaluating financial data that is also known as the relevant cost approach, marginal analysis, or differential analysis. Relevant cost, sunk cost, and opportunity cost are the three basic ideas that are pertinent to incremental analysis.
Revenues (21600 × $8.12) = $175,392
Variable cost of goods sold = $2,592,000 × 70% = $1,814,400.
Variable cost of goods sold per unit = $1,814,400÷ 336,000 = $5.4
Variable cost of goods sold for the special order = $5.4 × 21600 = $116,640.
Variable operating expenses = $840,000 × 80% = $672,000
$672,000 ÷ 336,000 = $2 per unit
21600× $2 = $43,200
$43,200 + $3,100 = $46,300
As shown in the incremental analysis, Moonbeam Company should accept the special order because incremental revenues exceed incremental expenses by $25,033.
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Assume the following information:U.S. investors have $1,000,000 to invest1-year deposit rate offered by U.S. banks = 12%1-year deposit rate offered on Swiss francs = 10%1-year forward rate of Swiss francs = $.62Spot rate of Swiss franc = $.60Given this information:Group of answer choicesinterest rate parity exists and covered interest arbit¬rage by U.S. investors results in a yield above what is possible domestically.interest rate parity doesn’t exist and covered interest arbitrage by U.S. investors results in a yield above what is possible domestically.interest rate parity exists and covered interest arbit¬rage by U.S. investors results in the same yield as investing domestically.interest rate parity doesn’t exist and covered interest arbitrage by U.S. investors results in a yield below what is possible domestically.
There is no interest rate parity, and covering interest arbitrage by American investors produces a domestic return of the less than 13.7%.
How much does interest rate?An amount that a borrower must pay to a lender as interest during the course of a loan, stated as a percentage of a loan amount. It's possible for a rate change to be positive or negative. It is more a reflection of the overall state of the American economy.
What has ever been the highest interest rate?According to Freddie Mac data, in 1981, whenever the yearly rate was 16.63%, interest rates hit their maximum height in contemporary history. From there, fixed rates decreased, but they still ended the decade at about 10%. It was expensive to borrow money during the 1980s.
Briefing:$1,000,000/$.60 = SF1,666,667 × (1.1)
= SF1,833,333 × $.62 = $1,136,667Yield
= ($1,136,667 − $1,000,000)/$1,000,000
= 13.7%yield.
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even if resource prices and technology are the same for all firms, which are the first to leave the industry when demand declines?
Companies charge roughly the same prices since they have little incentive to do so other than in accordance with market demand.
Which kind of market results in the most effective use of the resources available to society?The resources of society are used more effectively when there is perfect competition. This is due to the fact that in a market with perfect competition, firms create a quantity at which marginal cost and price are identical, leading to allocative efficiency.
Which scenario is most likely to result in businesses leaving a sector?Which situation is MOST likely to prompt businesses to leave a highly competitive market? Consumer spending declines. It is believed that an industry with perfect competition is efficient when: Over time, the average total cost of production of the industry's output is reduced.
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judy heads the marketing department, which has the maximum number of employees in her organization. to improve the efficiency of the employees, judy forms ten teams and gives each one a different target. at the end of the quarter, the most successful team would be chosen and awarded. which of the following primary criteria should judy use to judge the success of the teams?
Judy heads the marketing department, which has the most employees in her organization. Judy should use meaningful and satisfying experiences to judge the success of the teams.
The process of creating, communicating, delivering, and exchanging value-added offerings for customers, clients, partners, and society at large is known as marketing.
Creating interest in a company's goods or services is marketing's main objective.This is accomplished through market analysis, research, and considering the interests of a company's ideal customers and attracting them through messaging that is educational and helpful to the company's target group.
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kevin is the financial manager of levingston bmw. the shop allows employees to purchase up to two vehicles per year at a discount. levingston's average gross profit percentage is 15 percent. this year kevin purchased a 530 model and a new m3. model fmv dealer cost employee price 530 $ 63,100 $ 50,100 $ 54,050 m3 $ 70,700 $ 60,100 $ 57,100 what amount must kevin include in income?
Kevin must take in the $2,500 into his gross income.
What is gross income?Gross income, before any deductions or taxes, is the total of all wages, salaries, profits, interest payments, rents, and other forms of income for both households and individuals. The opposite of gross income is net income, which is the gross income less all taxes and other deductions. Before subtracting overhead, payroll, taxes, and interest payments, a company's gross income is the difference between revenue and the cost of producing a good or rendering a service. This is not the same as operating profit. Although the terms gross margin and gross profit are distinct, they are frequently used synonymously. Specific instances are provided in the Internal Revenue Code. The statute or regulations neither define the term "income."
Discount got on M3 is bigger than qualified employee discount= $13,000 ($70,000 -$57,000)
Reduction is less than qualified employee discount of $9,450 ($63,000 multiplied by average gross profit percentage of 15%).
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RSTP serves as an improved protocol in comparison to the older STP. Which of the following answers lists a feature of RSTP that does not exist in STP?
The criteria used by a nonroot switch to choose its own root port
The criteria used by switches to determine the designated port on a segment
The criteria used by switches to determine a port to act in the backup port role
The criteria used by switches to elect a root switch
RSTP serves as an improved protocol in comparison to the older STP, and the feature of RSTP that does not exist in STP is that the criteria used by switches to determine a port to act in the backup port role.
Network redundancy and layer 2 loop and broadcast storm prevention are the main uses of the spanning tree protocol (STP). It was created at a time when a recovery time from an outage of more than a minute was considered acceptable. Businesses moved away from these prolonged recovery times and aimed for quicker alternatives as technology advanced and crucial applications became more dependent on solid connections.
Rapid spanning tree protocol (RSTP), an upgrade over STP, developed from the original spanning tree protocol. In addition to shorter convergence times, it has new port states and port responsibilities. Both RSTP and STP are essential for a healthy network, however an administrator should choose RSTP over STP. For enterprises that need quicker recovery times, RSTP is the solution.
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this is defined as the volatility of an investment, which includes firm specific risk as well as market risk. select one: a. total risk b. standard deviation c. diversifiable risk d. market risk
This is described as an investment's volatility, which encompasses firm-specific risk as well as market risk. Thus, the correct choice is (a) total risk.
How is the volatility of investment measured?Volatility is an investing phrase that refers to periods of unexpected, and often rapid, price changes in a market or securities. People sometimes associate volatility with price declines, however, volatility may also relate to unexpected price increases. The most popular approach to evaluate market volatility is standard deviation, and traders may use Bollinger Bands to examine standard deviation. Maximum drawdown is another technique to quantify stock price volatility, and it is used to reduce losses by speculators, asset allocators, and growth investors.
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Lindsay is one of the directors of Sky Create, Inc, a graphic design company. In which of the following situations will a court most likely find that Lindsay breached her duty of care?
Multiple Choice
A. Lindsay proposes that the company purchase new software from her sister’s company, without disclosing her ownership interest in that company to the board.
B. Lindsay learns about a potentially lucrative business opportunity related to the business, but keeps the information to herself so that she can pursue it individually.
C. Lindsay abstains from verifying the treasurer’s accounts, because she believes that the treasurer is reliable.
D. Lindsay believes that a reporting officer has been acting suspiciously but still allows him to make decisions.
Lindsay abstains from verifying treasurer’s accounts, because she believes that treasurer is reliable is situation that a court will most likely find that Lindsay breached her duty of care.
Who is a treasurer?An organization's treasurer is in charge of managing its finances. Cash and liquidity management, risk management, and corporate finance are among a corporate treasurer's important primary responsibilities. Many volunteer organizations, especially not-for-profit organizations like charities and theaters, designate treasurers who are responsible for maintaining the treasury, whether this is done by setting the price of a product, securing sponsorships, or planning fundraising activities. The treasurer would also be a member of the committee that would supervise how the funds are used, either by directly directing expenditure or by approving it as necessary. They must make sure the organization has enough funds to carry out its declared goals and objectives and that neither too little nor too much money is spent.
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a stock has an expected return of 8.0 percent, its beta is .60, and the risk-free rate is 3 percent. what must the expected return on the market be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)
The expected return on the market is 6%.
Define Expected return.The phrase "expected return" refers to a straightforward probability calculation that is used to ascertain both the potential return and the likelihood that a particular investment will result in a profit. Expected return on investment calculations are done to offer an investor an idea of potential profit vs. risk. The term "expected return" refers to the value of a financial investment's anticipated return. It measures the return, which is the center of the random variable's distribution.
Risk free rate= 3%
Beta= .60
Return on market= 8%
According to CAPM (Capital Asset Pricing Model):
Expected Return = Risk free rate + Beta [Return on market - Risk free rate]
= 3 + .60 x (8 - 3)
= 6
Expected return on stock = 6%
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how do wage flexibility and downward wage rigidity affect the extent of unemployment in the economy when the demand for labor falls?
When the demand for labor falls, the fall in employment is limited when real wages are flexible and amplified when wages are downwardly rigid.
Call for is the quantity of a terrific that customers are inclined and capable of buy at diverse costs throughout a given time. the relationship between fee and amount demand is also referred to as the demand curve.
Demand is the purchaser's desire to purchase a specific right or provider. market demand is the demand for a specific right in the marketplace. aggregate demand for is the total call for for goods and services within the economy. call for and supply in shape determines the price of the good or carrier. understanding the idea of call for.
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an import is a good or service: sold to a foreign buyer. sold to a domestic buyer. purchased from a foreign seller. purchased from a domestic seller.
Imports are resources, goods, or services made overseas and distributed domestically. Exports are domestically produced resources, goods, or services that are sold overseas.
An import is what?An import is an item or service that is purchased outside of its nation of origin. International trade is made up of imports and exports. A country has a negative trade balance, or a trade deficit, if the value of its imports exceeds the value of its exports. Any good that is created abroad and then imported into another nation is an import. For instance, from the perspective of the United States, if a Belgian company manufactures chocolate and sells it there, that would be considered an import.
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which option has the highest implied volatility chick on the bloomberg terminal screen to examine theomon funciton
To analyze theomon function, click the implied volatility chick in the P1500 11/20/20IVM column upon that bloomberg terminal screen.
High volatility: What does that mean?Prices fluctuate more swiftly sometimes than others. Volatility is the rate or magnitude of the price fluctuation, in either direction. The possibility of immediately making more money also increases when volatility rises. Increased risk entails higher volatility, which is the trade-off.
Is there a benefit to volatility?Volatility is often not a bad thing because it can occasionally present entry possibilities for investors to profit from. Investors who are certain that markets will outperform with in long run have the opportunity to purchase more shares of their favorite companies at a discount.
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holt's decision to hold a huge amount of inventory is driven by the desire to meet which customer service factor?
holt's decision to hold a huge amount of inventory is driven by the desire to meet the timeliness customer service factor.
TimelinessThe English Dictionary defines "timeliness." In English, "timeliness" refers to the occurrence or characteristic of occurring at the best possible time or at the correct moment: The technology might aid severe-weather researchers in improving the speed and accuracy of storm predictions. In its broadest sense, timeliness refers to the appropriateness of when an event occurs. Timeliness has been defined in relation to data quality content as the degree to which data represent reality from the required point in time.
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your firm has just issued five-year floating-rate notes indexed to six-month u.s. dollar libor plus 1/4 percent. what is the amount of the first coupon payment your firm will pay per $1,000 of face value, if six-month libor is currently 8.2 percent?
$37.25 is the amount of the first coupon payment your firm will pay per $1,000 of face value, if six-month libor is currently 8.2 percent.
Coupon rate = LIBOR rate + ¼%
= 7.20% + 0.25%
= 7.45%
Amount of first coupon = FV x Coupon rate/ 2
= $1000 x 7.45%/ 2
= $37.25
What is coupon rate?
A fixed-income security's nominal yield is expressed as a coupon rate.
The coupon holder will yield less than the current market conditions when the market improves, as the bond won't pay more because its value was predetermined at issuance.
When a bond is bought on the secondary market, the yield to maturity is the difference between the bond's interest payments, which may be higher or lower than the coupon rate at the time the bond was issued.
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a(n) contract is one in which the terms have been definitely and specifically stated and agreed upon.
A(n) express contract is one in which the terms have been definitely and specifically stated and agreed upon.
What is contract?⇒ A legally enforceable agreement between two or more parties known as a contract establishes, clarifies, and regulates the parties' respective rights and obligations. The transfer of commodities, services, money, or a promise to transfer any of those at a later time are common components of contracts. The damaged party may seek legal remedies like damages or rescission in the event of a contract breach. Agreements must be kept, which is the foundation of contract law, a branch of the law of obligations that deals with contracts. The application of contract law varies between civil law jurisdictions and mixed law jurisdictions, which include components of both civil and common law, just like other areas of private law.
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your manager has left, and their successor is not as skilled a leader. which characteristics of tasks at your organization would substitute for the missing leadership? check all that apply.
Characteristics that detract from the authority of the leader while enhancing group members' performance are called substitutes. Often, a team that functions well together serves as a stand-in for leadership.
The main distinction is that a manager will prioritise Characteristics, planning, and coordinating resources to handle tasks and produce outcomes. substitutes will be inspired, motivated, and influenced by a leader to attain their goals and objectives while contributing to the greater good. Leadership behaviour replacements can be used to make position requirements clear, inspire team members, or appease employees (making it unnecessary for the leader to attempt to do so).
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Two kinds of short-term effects of currency movements are transactions risk and _____ risk.
Transaction risk and transformative risk are the two forms of short-term consequences on currency movements.
What is a transaction risk?Foreign exchange rate changes' negative impact on a closed transaction before settlement is referred to as transaction risk. When a trade or contract is entered into and subsequently settled, there is a specific exchange rate or currency risk that is involved. Typically, businesses that participate in overseas trade must pay expenses in the local currency or, eventually, return profits to their home nation. It frequently takes time for them to agree on the conditions of the foreign currency transaction before they can really execute it to close the deal when they have to engage in these activities. The potential for a shift in the price of one currency in comparison to another results in this lag, which increases short-term exposure to currency risk.
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which document do property managers and the owners they represent sign to formalize the relationship?
A Commercial Rental Agreement is the document that property managers and the owners represent sign to formalize the relationship.
A Commercial Rental Agreement could be a recognized document to rent business property between a landowner and a tenant. This agreement permits each parties to formalize the Rental and their relationship if the tenant plans to execute a business on the landlord's premises, through a lawfully documented agreement.
Property managers are, 1st and foremost, answerable for overseeing the continued condition of the owner's property(s) and guaranteeing tenant satisfaction. different duties—such as seeking tenants and managing evictions—depend on the contract with the owner.
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Toby operates a small deli downtown. The deli industry is monopolistically competitive. Toby is producing the quantity that minimizes his average total cost. Assuming that Toby is maximizing profits, his:
a. marginal cost is less than his marginal revenue.
b. price equals his average total cost.
c. price is more than his average total cost.
d. marginal cost is less than his average total cost.
If we are to assume that Toby is maximizing his profit, then his a. marginal cost is less than his marginal revenue.
How can profit be maximized?The profit to a monopolistically competitive firm is the point where marginal revenue is equal to marginal cost. At this point, it means that the resources are all being utilized effectively.
However, it is also possible to minimize average total cost if the marginal revenue is more than the marginal cost. For this to happen, the average total cost needs to be minimized as is the case with Toby.
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solanki partners has been extremely successful during its three years of existence. the owners have decided to incorporate and offer shares of stock to the general public. what is this type of an equity offering called?
In its three years of operation, Solanki Partners has had tremendous success. The proprietors have made the decision to incorporate and make stock shares available to the general public.
This kind of share sale is known as an IPO. The word "equity" relates to fairness and justice and differs from the concept of equality in that it acknowledges that not everyone starts from the same position and that inequities should be acknowledged and corrected. Equity can be used to a single asset, together with real property assets, or to a firm by calculating equity by deducting liabilities from property. For instance, if a person owns a home worth $400,000 and owes $300,000 on the loan, the difference of $100,000 is equity.
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mary smith took a car loan of $26,000 to pay back in 36 monthly installments at an interest rate of 10%. compute the loan balance immediately after the 24th payment.
Mary Smith took out a $26,000 car loan with a 36-month repayment schedule and a 10% interest rate. [tex]10%/24 = 0.2106[/tex]is the monthly interest rate.
10% is the nominal interest rate.
interest rate each month =[tex]10%/10 = 1%[/tex]
1% monthly instalment at A1 =[tex]$26,000 (A/P, 1%, 60) = $15600[/tex])
There will be 36 more payments after the 24th before the loan is paid off.
As a result, the loan balance following the 24th payment is $[tex]15600 (P/A, 1%, = $156)[/tex] iii). The nominal interest rate is 9%, hence the monthly interest rate is 9%/24, which equals [tex]0.00375%.[/tex]
A2 =[tex]$156 (A/P, 0.00375%, 36) = $0.2106[/tex] )for a monthly payment at [tex]0.00375%[/tex]annual interest.
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______ represents the degree to which employees are accepted and treated fairly by their organization.
Inclusion represents degree to which the employees are accepted and treated fairly by their organization.
What is inclusion?All pupils should have equitable access to education and learning opportunities, which is referred to as inclusion in education. It originated in special education with an individualized education program or 504 plan and is based on the idea that it is more effective for students with special needs to have the said mixed experience in order for them to be more successful in social interactions leading to further success in life. The inclusion model's guiding principle does not prioritize, but still allows for, the use of special classrooms and special schools for the instruction of kids with disabilities.
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how can you avoid appearing unprofessional when a potential employer calls to schedule an interview? check all that apply.
A potential employer calls to schedule an interview.It is best to prevent children from answering these calls. The conduct appears to be utterly unprofessional.Investing in a quality answering machine or voice mail.
service is also crucial because you may utilise it to take calls while you're away. When a potential employee gets in your way, there are several circumstances that render your conduct inappropriate for business calls.Children should not answer these calls, and they should be warned not to make noise while on the phone because doing so will cause the audio to break.Permit performing actions based on the type of call that was received. With the answering machine, I can plan an appropriate response in advance to sound professional and return your call. With the voice mail, it is possible to recognise when an incoming call comes in, determine whether it is from a stranger, and respond in a polite manner.
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on its opening day, a car dealership had an inventory of 29 cars. during the first 6 months, 18 additional cars were purchased by the dealership each week, and the sales team sold an average of 15 cars per week. during the first six months, which of the following equations best models the car inventory, c, at the dealership t weeks after opening day?
Answer: c = 3t + 29.