Answer:
Since there is not enough room here, I used an excel spreadsheet and attached it.
Explanation:
Year 2 Year 3
First Second Third Fourth First
Budgeted prod. 84,000 114,000 174,000 124,000 94,000
in bottles
Musk oil has become so popular as a perfume ingredient that it has become necessary to carry large inventories as a precaution against stock-outs. For this reason, the inventory of musk oil at the end of a quarter must be equal to 20% of the following quarter’s production needs. Some 33,600 grams of musk oil will be on hand to start the first quarter of Year 2.
Great Britain, Denmark, and Sweden have stayed out of the euro zone because of the Multiple Choice dollar peg advocated by some members of the European Union. implied loss of national sovereignty to the European Central Bank. volatility of the euro. reluctance to compete directly against the U.S. dollar. reluctance to be considered an optimal currency area.
Answer:
implied loss of national sovereignty to the European Central Bank
Explanation:
Unlike France, that has adopted the Euro as its currency, Great Britain, Denmark and Sweden have all decided to stay out of the Euro zone. This is because accepting the Euro as their currency will mean that the European Central Bank, through the Euro, has power over their economies as a result of exchange.
Also, staying away from the Euro zone means that the European central bank doesn't have control of their monies among other things.
Cheers
A _________ is when you take money out of the bank. (Select the best answer.) A _________ is when you take money out of the bank. (Select the best answer.) Withdrawal Deposit Teller Branch
withdraw
can you pls give me Brainliest i really need it
A building with an appraisal value of $132,970 is made available at an offer price of $154,091. The purchaser acquires the property for $30,971 in cash, a 90-day note payable for $22,282, and a mortgage amounting to $52,517. The cost basis recorded in the buyer's accounting records to recognize this purchase is
Answer:
Total purchase value (Cost basis) = $105,770
Explanation:
Given:
Appraisal value = $132,970
Offer price = $154,091
Cash amount = $30,971
Notes payable = $22,282
Mortgage amount = $52,517
Find:
Total purchase value (Cost basis)
Computation:
Total purchase value (Cost basis) = Cash + Notes payable + Mortgage amount
Total purchase value (Cost basis) = $30,971 + $22,282 + $52,517
Total purchase value (Cost basis) = $105,770
In a closed economy, the values for gdp, consumption spending, investment spending, transfer payments, and taxes are as follows: y = $11 trillion c = $8 trillion i = $2 trillion tr = $1 trillion t = $2 trillion using the information above, what is the value of private saving and public saving?
Answer:
Private saving = $2 trillion
Public saving = $1 trillion
Explanation:
Private saving = GDP - Taxes + Transfer payments - Consumption spending
= Y - T + TR - C
= $11 - $2 + $1 - $8
= $2 trillion
Public saving = Taxes - Government spending - Transfer payments
= T - G - TR
= $2 - $0 - $1
= $1 trillion
Therefore;
Private saving = $2 trillion, Public saving = $1 trillion
Storico Co. just paid a dividend of $3.15 per share. The company will increase its dividend by 20 percent next year and then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. If the required return on the company’s stock is 12 percent, what will a share of stock sell for today?
Answer:
$61.29
Explanation:
Calculation for what Storico Co. Share of stock will sell today.
Since we have a stock that has a normal growth in which the dividend growth changes every year for the first four years. We can therefore find the price of the stock in Year 3 because the dividend growth rate is constant after the third dividend, which means the price of the stock in Year 3 will be the dividend we are going to use in Year 4, we shall then divide it by the required return less the constant dividend growth rate.
Therefore the price in Year 3 will be calculated as :
P3= $3.15(1.20)(1.15)(1.10)(1.05) / (.12 – .05)
P3= $5.020785/0.07
P3=$71.72
Let find the price of stock today using the PV of the first three dividends in addition with the PV of the stock price in Year 3:
Hence,
P0= $3.15(1.20)/(1.12) + $3.15(1.20)(1.15)/1.12^²+ $3.15(1.20)(1.15)(1.10)/1.12^³+ $71.72/1.12^³
P0=$3.78/1.12+$4.347/1.2544+$4.7817/1.404928+$71.72/1.404928
P0=$3.375+3.465+3.4035+$51.048
P0= $61.29
Therefore if the required return on the company’s stock is 12% what the share of stock will sell for today will be $61.29
A coffee shop uses an online system to engage customers. After each transaction, customers receive a text asking them to rate their experience with either a smiley, neutral, or sad face emoji. This practice is an example of _______ control. behavioral concurrent bureaucratic feedforward feedback
Answer:
Feedback.
Explanation:
In this scenario, a coffee shop uses an online system to engage customers. After each transaction, customers receive a text asking them to rate their experience with either a smiley, neutral, or sad face emoji. This practice is an example of feedback control.
Feedback can be defined as the information acquired from customers or consumers about their reactions to a particular product bought or service taken. Business firms or entities use informations gathered through feedback to improve on the quality of their products or services being provided to consumers and to measure sales performance.
For most producing firms:_______.
a. average total costs decline as output is carried to a certain level, and then begin to rise.
b. marginal cost rises as output is carried to a certain level, and then begins to decline.
c. average total costs rise as output is carried to a certain level, and then begin to decline.
d. total costs rise as output is carried to a certain level, and then begin to decline.
Answer:
letter a is the correct answer
Explanation:
How do economists use economic models
Answer:
Economists use economic models to study particular aspects of economic reality. To do so, they develop a simplified model of reality in which only a few variables are included, and everything else is held constant or ignored.
Explanation:
For example, the most famous economic model is the model of supply and demand, which is used to analyze how consumers and producers interact in the market for a good or service, and how this interaction determines the price.
As we can see, in this economic model of supply and demand, many other things like social class or history are left aside, and only a few variables are included.
Replay Sports Stores and SportsPower Products, Inc., enter into a contract for a sale of trampolines. SportsPower Products is a merchant who deals in goods of the kind sold. Under the UCC, an implied warranty of merchantability arises
Answer: Automatically
Explanation: The warranty of merchantability could be explained as a guarantee that a product purchased will meet the usual and regular standard or requirement of such product. Under the Uniform Commercial Code, the warranty of merchantability is implied as this automatic unless the defects in the regular nature or specification of the product is clearly stated. In the scenario above, the warranty of implied merchantability automatically arises in the sale of the trampolines and as such, the trampoline must meet the regular standard of the product since no defect is explicitly stated in the regular specification.
I really need help with this question on an ASU leadership online class:
A group will usually only be as good as ____________________________ of the group.
Answer:
the leader
Explanation:
A group will usually be only as good as the leader of the group.
The leader of a group is the person that coordinates and controls the activities of the group. The skills of the leader and the experience he/she has will determine how well-coordinated, or otherwise, the group would be.
Hence, the quality of a leader of a group always rubs off on the general outlook of the group. That is why it is said that a group will usually be only as good as the leader of that group.
Group companies normally trade with each other and are involved in other forms of business relationships. Discuss the impact that this will have on group performance and tell how these transactions are dealt with in the books of the group as a whole
Answer:
Some of the impacts that will have on group performance:
Cost cutting due to transfer pricingRevenue increase due to internal tradingThe internal trading transactions will be separated from the reconciliation statements.
Explanation:
Carl’s business insurance costs $3,000 per year. Carl paid for and purchased a 12-month insurance policy on October 1, Year 1. On October 1, Year 2, Carl’s insurance increased to $3,300 per year. A building contract Carl was working on was delayed when they had to obtain additional permitting. Because cash flow was tight, Carl delayed renewing the insurance policy. Instead of making the payment due on October 1, Year 2, Carl paid 3 months of insurance in arrears on January 1, Year 3. Carl is a cash-method taxpayer and took advantage of the 12-month rule in Year 1 for prepayments. What is Carl’s insurance expense deduction for Year 2?
Answer:
Carl's Insurance Expense Deduction for Year 2
Since he took advantage of the 12-month prepayments rule, his Year 2 Insurance deduction was deducted in Year 1.
While his deduction should have been equal to
= Annual Insurance Expense/12 x 9 = $3,300/12 x 9 = $2,475
In Year 2, it is equal to $0 since he did not make any payment for Insurance.
Explanation:
Under the cash method of accounting, two rules govern how someone can deduct prepaid expenses:
1. The General Rule
2. The 12-Month Rule
1. The General Rule
Under the general rule, you cannot deduct the full amount of an advance payment covering more than 12 months. You must deduct a portion of the payment in the year to which it applies.
Example: The General Rule.
Carl is a cash method taxpayer on a calendar year.
On October 1, 2018 Carl pays $3,600 in advance for business insurance covering three years.
Coverage begins October 1, 2018.
Coverage ends September 30, 2021.
Result:
The general rule applies.
The advance payment covers more than 12 months (36 months).
A portion of the $3,600 must be deducted ratably over the three-year period.
To find the portion of the $3,600 Carl deduct each tax year:
First, divide the $3,600 by 36 (months) to find the monthly premium amount.
Then, multiply the number of months remaining in each tax year by the monthly premium
Monthly premium: $3,600 / 36 = $100 per month.
Oct. 1, 2018 - Dec. 31, 2018: 3 x $100 = $300 deduction for 2018
Jan. 1, 2019 - Dec. 31, 2019: 12 x $100 = $1,200 deduction for 2019
Jan .1, 2020 - Dec. 31, 2020: 12 x $100 = $1,200 deduction for 2020
Jan. 1, 2021 - Sep. 30, 2021: 9 x $100 = $900 deduction for 2021
The 12-Month Rule
The 12-month rule says that Carl may deduct the full amount of an advance payment in the year the payment is made if it creates rights or benefits for the taxpayer that do not extend beyond the earlier of:
12 months after the right or benefit begins, or
The end of the tax year after the tax year in which payment is made.
Example 1: The 12-Month Rule.
Carl is a cash basis taxpayer on a calendar year.
On October 1, 2018 he pays $2,000 for business insurance covering one year.
The policy begins October 1, 2018 and ends September 30, 2019.
Result:
The 12-month rule applies.
Deduct the full $2,000 in 2018
The benefit does not extend beyond 12 months after the right to receive the benefit begins - October 1, 2018.
What is the difference between a total and a subtotal?
Explanation:
SUB-TOTAL:
The total for a part of a list of numbers being summed.
TOTAL:
An amount obtained by addition of smaller amounts.
Answer:
subtotal is all the different parts being added together from different list.
total is the all items being added together plus tax.
Explanation:
Sal purchased a used toaster at a yard sale. The seller told Sal that although the toaster was more than 10 years old, she had not had any problems with it. Sal takes the toaster home and uses it for a few months. One day, however, as Sal was using the toaster, it malfunctioned and caused a small fire in Sal's kitchen along with significant smoke damage. Sal decides to sue the manufacturer of the toaster and will do so within one month of the fire. What would likely be the manufacturer's best defense in a strict liability in tort action brought by Sal?
Answer:
The manufacturer of the toaster would argue from the point of view of the warranty offered for the toaster. In most electronic products, the manufacturer offers warranty ranging from 1 year to 5 years.
For the toaster to have worked for more than 20 years without any problem shows that it was a good product. And, the warranty must have expired hence the need not to be held responsible for whatever happened to it.
Explanation:
An activity-based costing system ______. requires substantial resources provides benefits of improved accuracy that always outweigh the costs produces different numbers than a traditional system is costly to maintain
Answer:
1. Requires substantial resources.
2. produces different numbers than a traditional system.
3. Is costly to maintain.
Explanation:
Activity-based costing (ABC) system is a method of accounting assigns the total cost of activities such as manufacturing overhead costs and indirect costs necessary to produce a product or provide a service.
Basically, an activity-based costing (ABC) system is focused on the cost drivers associated with the respective activities, which are responsible for cost to be incurred. The cost drivers are activities such as direct labor, purchase order, machine use etc.
Hence, an activity-based costing system requires substantial resources, produces different numbers than a traditional system and is costly to maintain.
An activity-based costing system Requires substantial resources, produces different numbers than a traditional system, and Is costly to maintain. Thus options A, C, and D are correct.
The ABC system (activity-based costing) is an accounting technique that determines the entire cost of activities like manufacturing overhead expenses and indirect costs required to create a good or deliver a service.
An activity-based costing (ABC) system basically focuses on the cost drivers connected to the corresponding actions that cause costs to be incurred. Activities including direct labor, purchase orders, equipment utilization, etc., are the cost drivers.
As a result, an activity-based costing system is expensive to run, takes significant resources, and generates data that differs from that of a typical system.
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Your question seems to be incomplete, but most probably the complete question was:
An activity-based costing system ______.
A. requires substantial resources provides
B. benefits of improved accuracy that always outweigh the costs
C. produces different numbers than a traditional system
D. is costly to maintain
Assume a person saves $62 a month by using coupons and doing comparison shopping. a. What is the amount of annual savings? b. What would be the future value of this annual amount over 10 years, assuming an interest rate of 4 percent? Use Exhibit 1-B. (Round FVA factor to 3 decimal places and final answer to 2 decimal places.)
Answer:
Annual savings= $744
FV= $8,932.54
Explanation:
Giving the following information:
Assume a person saves $62 a month by using coupons and doing comparison shopping.
A. Annual savings= 62*12= $744
B.
i= 0.04
n=10
To calculate the future value, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual saving
FV= {744*[(1.04^10) - 1]} / 0.04
FV= $8,932.54
(1) You go to Greater's Ice Cream and see the price of a cone quoted as $3.00. (2) You buy the cone and pay with $3.00 in cash. In the first instance money serves as ___________, while in the second instance money serves as ___________. Choose one: A. a unit of account; a store of value B. a medium of exchange; a store of value C. a medium of exchange; a unit of account D. a store of value; a unit of account E. a unit of account; a medium of exchange F. a store of value; a medium of exchange
Answer:
The answer is E. a unit of account; a medium of exchange
Explanation:
Because they allows different things to be compared against each other; for example, goods, services, assets, liabilities, labour income, expenses.
A unit of account is a monetary unit of measurement of value or cost.
And the second is a medium of exchange because $3 is being used to buy cone. It exchanged money for cone.
Leo wasn’t planning to buy any clothes when he was out shopping for other things, but then he saw that pants were on a 25 percent off sale, and any shopper who bought three pairs of pants also got a coupon for an additional 25 percent off their next purchase. Leo fell sway to
Answer:
An effective sales strategy
Explanation:
Remember, a sales strategy encompasses all efforts by a retailer or company to successfully sell off their products.
One example of a sales strategy is marketing/promotion. By means of an effective product promotion, the seller was able to attract customers due to the discounts they offered, which captivated Leo. This method was effective because Leo wasn’t planning to buy any clothes when he was out shopping but he ended up doing so.
Definitely, Leo fell sway to That's-not-all technique.
The TNA technique is a promotion techniques that offers the product at an initial price and later improves the deal by reducing the price or adding extra product before the customer responds to initial offer.
The that's-not-all technique entails 2 step procedure for enhancing the compliance
Presentation of an initial large and fair request.Making the request more attractive by reducing it to a modest request before the person can respond to the initial request.In conclusion, Leo fell sway to That's-not-all technique.
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Mr. Jacob, who is terminally ill, writes a will transferring all his assets to his daughter Silvia, in the event of his death. The doctors say that Mr. Jacob will live for about six months. A day after the will is written, Silvia wishes to transfer her expected inheritance to her son, Jacob Jr. This assignment will be ________.
Answer:
Invalid
Explanation:
Since it is stated in the will, that upon his death should the assets be transferred, it means that Silvia doesn't get anything until Mr Jacob ceases to be alive.
With the new development as regards Mr Jacob living for 6 more months before dying, Silvia has no assets yet and as such cannot transfer anything to Jacob Jnr.
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Please help ASAP! Business QUESTIONS ATTACHED
Answer:
1. 5600 units
2a. 2400
2b. 1680
Explanation:
Reordering point formula is :
(Average daily sales * Delivery lead time) + Safety Stock
Problem 1
Calculating safety stock
Safety stock = Average daily sales * Delivery lead time
Safety stock = 700 * 4 days
Safety stock = 2800 units
Calculating Reordering point
(700 units * 4 days) + 2800 units
5600 units
Problem 2
Material A
Calculating safety stock
Safety stock = Average daily sales * Delivery lead time
Delivery time required is 3 to 5 weeks taking average which is 4 weeks is a month which gives 30 days
Safety stock = 40 units * 30 days
Safety stock = 1200 units
Calculating Reordering point
(40 units * 30 days) + 1200 units
2400 units
Material B
Calculating safety stock
Safety stock = Average daily sales * Delivery lead time
Delivery time required is 2 to 4 weeks taking average which is 3 weeks and multiplying with 7 days per week gives 21 days
Safety stock = 40 units * 21 days
Safety stock = 840 units
Calculating Reordering point
(40 units * 21 days) + 840 units
1680 units
Q 11.41: Jackson Essentials wants to pay a cash dividend to its stockholders. It has a balance of $3,847,318 in its Retained Earnings account and a Cash balance of $1,994,746. What is it missing in order for Jackson Essentials to be able to pay a cash dividend
Answer:
In order to be able to pay a cash dividend, we must first need to calculate its amount. Cash dividends are paid to every outstanding stock, and in order to determine the total amount we need the cash dividend per stock and the total number of stocks outstanding. Before we can distribute anything, we must know what we are distributing.
Which of the following statements support the claim that incentives matter? Explain why or why not. 1. When income transfers to the ablebodied poor increase, the recipients will have less incentive to work. 2. An increase in the fines associated with downloading music and videos protected by copyright laws reduces the number of people engaging in this activity. 3. An increase in the number of people downloading music and videos negatively impacts the commercial production of music and videos.
Answer:
Statements supporting the claim that incentives matter
1. When income transfers to the able-bodied poor increase, the recipients will have less incentive to work.
2. An increase in the fines associated with downloading music and videos protected by copyright laws reduces the number of people engaging in this activity.
Explanation:
It must be established ab initio that these statements are relatively correct. Firstly, able-bodied men will only continue to be transferred income when there are no jobs available. Once, there are jobs and the able-bodied poor can access the jobs, they would automatically be denied of the incentives. In the second case, the incentive may be destroyed if the increase in fines outweighs the collections from the privated downloading.
Economic incentives are the things that can motivate one to make choices and behave in some ways. These incentives may be negative or positive, i.e. they may be motivating or demotivating. Changes in incentives will always alter people's behavior. Assuming that the transfers to the able-bodies people are greater in value than the potential job rewards, then the incentive to work will be greatly reduced, and vice versa.
To explain this situation, Economists have developed a framework called "incentives matter" to explain why bad behavior happens. They conclude that incentives become destructive when the payoff for such behavior is more handsome than the low odds of being caught and reprimanded or any other available option. The framework shows that ordinary people will work out a scheme or even perpetrate fraud, just to receive the incentives they are offered, especially by governments, that are always guilty of behaving like Father Christmas.
Greg and Wanda Sandler purchased their home 35 years ago and it was paid off at the end of thirty years. In order to supplement their fixed income, the Sandlers receive monthly checks from their bank. Most likely, what did they get?
Answer:
Reverse annuity mortgage
Explanation:
A reverse annuity mortgage can be defined as a loan that is been secured against the value of a person home or an individual home reason been that It allows and enables that individual to cash in some of his or her home's equity, without having to sell them or move out.
In another word REVEREE ANNUITY MORTGAGE can be seen a type of mortgage which occured when a homeowner's equity is been gradually depleted due to some series of payments from the mortgage holder to the homeowner which is why this type of mortgage is often used by people that are elderly homeowners who wish and desire to convert or turn all the equity in their homes into a stream of income that will serve as their retirement income payments.
An investment adviser structured as a partnership lends money to a customer to buy recommended securities. Under NASAA's Model Rule on Unethical Business Practices of Investment Advisers, Investment Adviser Representatives, and Federal Covered Advisers, this activity is
A) acceptable, provided the securities are used as collateral for the loan and the loan conforms to the provisions of Regulation T.
B) acceptable, provided the loan is made under the provisions of Regulation T of the Federal Reserve.
C) unethical.
D) acceptable, provided the securities are used as collateral for the loan.
Answer: Unethical
Explanation: Based on the model and policy of the North America Securities Administrator's Association, the investment adviser cannot lend money to a customer to purchase recommended securities under the guise of being partners, such behavior is deemed UNETHICAL and in violation of the rule binding the practices and investment advisers and investment adviser representatives.
Customers can purchase securities by taking loans from recommended or regulated lender, broker or bank.
The two most basic inventory questions answered by the typical inventory model are: Group of answer choices Order quantity and service level Timing and quantity of orders Quantity and cost of orders Ordering cost and carrying cost Timing and cost of orders
Answer:
timing of orders and order quantity.
Explanation:
The economic order quantity is the quantity at which the carrying cost and the ordering cost is equal to each other. It depicts the number of units that added in the inventory and it makes that number of units orders so that it can lowered the total inventory cost i.e purchase cost, carrying cost and the ordering cost
On the other hand, the reorder point is the point at which the firm holds the stock and when it reaches that point at which the firm is able to reorder the items
Therefore the order timings and the quantity orders are the two basic inventory questions i.e to be answered.
Which of the following damages would be covered under the Liability Coverage of the Personal Auto policy? A Damage to a neighbor's riding lawn mower in the care of the insured B Damage to a rental car rented to the insured C Damage to property being transported by the insured D Damage caused to a rented garage by the insured auto
Answer: Damage caused to a rented garage by the insured auto
Explanation:
Personal Auto insurance policy is a policy that's is bought by vehicle owners in order to mitigate the costs which results from one getting in an accident with the vehicle.
Under the Liability Coverage of the Personal Auto policy, the damage that would be covered will be damage caused to a rented garage by the insured auto.
Suppose that kyle and lisa are both in the public eye. they get offers to sell secrets of the other to tabloids. if both keep the secrets, they are both better off than if they get exposed. if only one is exposed, the other person is better off than if no one was exposed. thier payoffs from each option are given in the payoff matrix below.
Answer:
Give us more
Explanation:
No payoff matrix included, and no question present.
Which of the following statements about a monopolist is true, according to the video? Multiple Choice A monopolist's marginal revenue curve is a horizontal line at the market price. A monopolist's demand curve is a horizontal line at the market price. A monopolist's marginal revenue curve lies below its demand curve. A monopolist's marginal revenue curve is the same as its demand curve.
Answer:
A monopolist's marginal revenue curve lies below its demand curve.
Explanation:
A monopolist's marignal revenue is always less than its demand curve. The demand curve of a monopolist is the same as its average revenue curve, and the same as the price it charges.
Because when a monopolist increases the price of a good, the demand for all goods fall, a monopolist marginal revenue is always less than its price.
Billy Kroghmen is the son of a very prominent Fortune 500 CEO. Billy has had troubles. He failed out of multiple colleges, universities, and correspondence schools. He finally received his undergraduate degree from a university with only a post office box for an address. He then enrolled in the school’s combined graduate accounting and law school programs, graduating with honors in both degrees. After graduation, he twice failed both the CPA and bar exams, managing to set record low scores on the ethics portions of both. Despite these academic setbacks, Billy’s career now seems to be thriving. He has been appointed to a number of "blue ribbon" government committees, is on the board of directors of two corporations and one prestigious not-for-profit organization. In at least one instance, a donor credited Billy with the idea for making a large contribution to the not-for-profit. Widespread speculation is that his career advancement is based largely on social relationships through friends and family. We would classify Billy as _________on________ capital, and ________on________ capital.
Answer:
a. high; social; low; human
Explanation:
The social capital refers to the capital in which the people interact with each other or we can say social interactions in able to learning, skills and knowledge.
While on the other hand, the human capital stated the skills and knowledge could be learned either in formal or informal way
Therefore according to the given situation, Billy as high on social capital and low on human capital
hence, the correct option is a.
If the nominal interest rate is below the equilibrium value, then the quantity demanded of money is ______ than the quantity supplied of money, bond prices will ____, and the nominal interest rate will ____
Answer:greater ,rise,decrease
Explanation: