Answer:
An authoritarian leadership style is exemplified when a leader dictates policies and procedures, decides what goals are to be achieved, and directs and controls all activities without any meaningful participation by the subordinates. Such a leader has full control of the team, leaving low autonomy within the group.
webmail
Final Exam
MS: Career Explorations II (E) / Final Exam
is a surgery that uses a few small cuts and a camera to guide surgeons instead of a much larger incision.
Answer:
Try and make it more explanatory I don't understand
Lewis Co. reports the following results for May. Prepare a flexible budget report showing variances between budgeted and actual results. Budgeted Actual Sales $ 300 per unit $ 435,000 Variable expenses $ 120 per unit $ 172,000 Fixed expenses (total) $ 125,000 $ 122,000 Units produced and sold 1,200 1,400 List variable and fixed expenses separately. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance)
LEWIS Co.
Flexible budget performance report
For month ended May 31
Flexible budget Actual results Variances Result
Sales $420,000 $435,000 $15,000 Fav
(1400*$300)
Variable expense $168,000 $172,000 $4,000 Unfav
(1400*$120)
Contr. margin $252,000 $263,000 $11,000 Fav
Fixed cost $125,000 $122,000 $3,000 Fav
Net Income $127,000 $141,000 $14,000 Fav
See similar solution here
brainly.com/question/14015382
Respass Corporation has provided the following data concerning an investment project that it is considering:
Initial investment $160,000
Annual cash flow $54,000 per year
Salvage value at the end of the project $11,000
Expected life of the project 4 years
Discount rate 15%
The net present value of the project is closest to:____.
A) $67,000.
B) $160,516.
C) $516.
D) $(5,776).
Answer:
45,811.70Explanation:
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.
When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.
Cash flow in year 0 = $-160,000
Cash flow in year 1 - 3 = $54,000
Cash flow in year 4 = 11,000
I = 15
To find the NPV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
If 1200 dollars is invested at an annual interest rate r compounded monthly, the amount in the account at the end of 3 years is given by A = 1200 ( 1 + 1 12 r ) 36 . Find the rate of change of the amount A with respect to the rate r for the following values of r :
Answer:
a. When r = 4 percent, the rate of change is 22.10%.
b. When r = 7 percent, the rate of change is 41.76%.
Explanation:
Note: This question is not complete the required values of r is omitted. To complete the question, these values are therefore provided before answering the question as follows:
Find the rate of change of the amount A with respect to the rate r for the following values of r:
a. r = 4 percent
b. r = 7 percent
The explanation of the answer is now given as follows:
The A given is correctly stated as follows:
A = 1200 * (1 + ((1/12) * r))^60 ……………………….. (1)
Therefore, we have:
a. When r = 4 percent
Substituting r = 4% into equation (1), we have:
A = 1200 * (1 + ((1/12) * 4%))^60 = 1200 * 1.22099659394212 = 1465.20
Rate of change = (A - Amount invested) / Amount invested = (1465.20 - 1200) / 1200 = 0.2210, or 22.10%
Therefore, when r = 4 percent, the rate of change is 22.10%.
b. When r = 7 percent
Substituting r = 7% into equation (1), we have:
A = 1200 * (1 + ((1/12) * 7%))^60 = 1200 * 1.41762525961399 = 1701.15
Rate of change = (A - Amount invested) / Amount invested = (1701.15 - 1200) / 1200 = 0.4176, or 41.76%
Therefore, when r = 7 percent, the rate of change is 41.76%.
Daniel derives utility from only two goods, cake (Qc) and donuts (Qd). The marginal utility that Daniel receives from cake (MUc) and donuts (MUd) are given as follows: MUc = Qd MUd = Qc Daniel has an income of $240 and the price of cake (Pc) and donuts (Pd) are both $3. What is Daniel's budget constraint?
Answer:
240= 3Qc + 3Qd
Explanation:
The computation of the Daniel's budget constraint is shown below;
Given that
Daniel's income= $240
Price of cake (Pc) =$3
Price of donuts (Pd) =$3
So spending on cake = 3Qc
And,
Spending on donut= 3Qd
Finally
Total spending = 3Qc + 3Qd
Now the equation of budget constraint is
Income= (quantity of cake)(price of cake) + ( quantity of donut)(price of donut)
So,
Income= Qc Pc+ Qd Pd
240= 3Qc + 3Qd
The Daniel's budget constraint is shown below;
Given Information :
Daniel's income= $240 Price of cake (Pc) =$3 Price of donuts (Pd) =$3 Spending on cake = 3Qc Spending on donut= 3QdTotal spending = 3Qc + 3Qd
Now, the equation of budget constraint is
Income= (quantity of cake)(price of cake) + ( quantity of donut)(price of donut) Income= Qc Pc+ Qd Pd 240= 3Qc + 3QdLearn more :
https://brainly.com/question/24232944?referrer=searchResults
Zordan Tools Corporation makes and sells brushes and combs. It can sell all of either product it can make. The following data are pertinent to each respective product: Brushes Combs Units of output per machine hour 8 20 Selling price per unit $12.00 $4.00 Product cost per unit Direct material $1.00 $1.20 Direct labor 2.00 0.10 Variable overhead 0.50 0.05 Total fixed overhead is $380,000. The company has 40,000 machine hours available for production. What sales mix will maximize profits
Answer:
Zordan Tools Corporation
Brushes Combs
The Sales mix that maximizes profits is 2,800 880
Explanation:
a) Data and Calculations:
Brush Comb
Units of output per machine hour 8 20
Selling price per unit $12.00 $4.00
Product cost per unit
Direct material $1.00 $1.20
Direct labor 2.00 0.10
Variable overhead 0.50 0.05
Total variable cost per unit $3.50 $1.35
Contribution margin per unit $8.50 $2.65
Contribution margin per hour $68 $53 ($2.65 * 20)
Contribution margin ratio = 0.56 0.44 ($53/$121)
Available machine hours for production = 40,000
Allocation of machine hours per
contribution margin = 22,400 17,600 (40,000 * 44%)
Units produced 2,800 880 (17,600/20)
Dawn's bridal boutique is having a sale on evening dresses. The increase in consumer surplus comes from the benefit of the lower prices to a. both existing customers who now get lower prices on the gowns they were already planning to purchase and new customers who enter the market because of the lower prices. b. only new customers who enter the market because of the lower prices. c. only existing customers who now get lower prices on the gowns they were already planning to purchase. d. Consumer surplus does not increase; it decreases.
Answer:
The answer is "Option a".
Explanation:
Dawn's bridal shop does have an evening gowns sale. The rise in consumer surplus is attributable to the fact that both existing customers now also have cheaper prices on the robes which previously planned to buy, as well as the new customers who enter the market due to lower prices even as advantages are identical but the prices are cheaper on the same robe. The current product and existing consumers are able t benefit from market sales, thereby increasing the excess of the new and current consumers.
urgent................................................................................................
Answer:
Resources of economic value owned by the company
Explanation:
An asset is a resource controlled by the entity (company or business) and from which future economic benefits are expected to flow to the entity as a result of having this entity.
Assets can be divided into non-current and current assets. Non current assets are assets that are expected to be retained by the business for at least a year while current assets are assets that are constantly changing during the course of the business's activities.
Use the cost information below for Ruiz Inc. to determine the total manufacturing costs incurred during the year: Work in Process, January 1 $ 52,400 Work in Process, December 31 38,200 Direct materials used $ 13,700 Total factory overhead 6,700 Direct labor used 27,700 Multiple Choice
Answer:
$48,100
Explanation:
Computation of total manufacturing cost incurred during the year is seen below;
Direct materials used
$13,700
Direct labor used
$27,700
Total factory overhead
$6,700
Total manufacturing cost incurred
$48,100
Therefore, the total manufacturing cost incurred during the year is $48,100
The table shows Robinson Crusoe's production possibilities.
If Crusoe increases production of berries from 84.0 pounds to 104.0 pounds and production is efficient, his opportunity cost of producing 1 pound of berries is 1.3 pound of fish.
Crusoe's opportunity cost of producing an extra pound of berries____as he produces more berries
A. increases.
B. decreases.
C. sometimes increases and sometimes decreases.
D. does not change.
Possibility Berries (pounds) Fish (pounds)
A 0 144.0
B 16.0 140.0
C 30.0 132.0
D 42.0 120.0
E 52.0 104.0
F 84.0 84.0
G 60.0 60.0
H 66.0 32.0
I 70.0 0
Answer:
increases
Explanation:
Which of the following is a key consideration in selecting an allocation base?
a. The allocation base should have an indirect association with the cost objective.
b. The allocation base should be difficult to measure.
c. There should be logical association between the allocation base and the incidence of costs.
d. The allocation base should be out of the control of management.
Answer:
C. There should be logical association between the allocation base and the incidence of costs.
Explanation:
We define the allocation base as that quantity through which the overhead cost and be allocated to. This base is usually in the form of a quantity. It could be the kilowatts used in hours, or the machine hours used.
It should be able to show to a logical extent how the cost object used the resources to which it is assigned
Use the words innovative and ambitious in one sentence
Answer:
As a team, and as company, we try to be forward thinking, and ambitious in our approach with the technology , and innovative with new products to market to the consumer.
Explanation:
Able to use both words in a solid sentence structure.
You bought a stock for $28.29 and sell it for $35 after four years. What was the true annual rate of return (compounded)
Answer:$1.68
Explanation:
The Gardner Company expects sales for October of $247,000. Experience suggests that 40% of sales are for cash and 60% are on credit. The company collects 50% of its credit sales in the month of sale and 50% in the month following sale. Budgeted Accounts Receivable on September 30 is $67,500. What is the amount of cash expected to be collected in October
Answer: $74100
Explanation:
Based on the information given, the amount of cash expected to be collected in October will be calculated thus:
October, credit sales will be:
= 60% x $247000
= $148200
Since the amount that'll be collected in October will be 50% of the credit sales. This will be:
= 50% × $148200
= $74100
roles of competition policy authorities in south Africa
Answer:
I hope you understand please follow me
Penny decided that the interest shown by the East Rutherford, N.J., Gay, Lesbian, Bisexual, and Transgender Alliance justified further research and the creation of a projected income statement as part of an evaluation of the feasibility of starting a business. She found a small industrial space she could rent for $1,000 per month. She estimated her initial need for employees to be a total of four, whom she would pay $10 an hour. A 40-hour work week was planned. She also budgeted $500 a week to pay herself. Assume everyone, including Penny, works 52 weeks per year. Her expenses associated with payroll (e.g., social security, unemployment insurance, fringe benefits) amounted to 20% of total compensation. Other expenses were estimated as:
Answer:
Total Annual Expense = $173040
Explanation:
Note: This question is incomplete and lacks the data and instruction for the question to solve it. I have retrieved its data from the internet. However, I will be solving this by using the data to find out the expenses portion of an annual income statement.
Solution:
Data Given:
Rent = $1000 of a month
Owner Salary = $500 per week
Employee Wages = $10 an hour
Total employees = 4
Working hours = 40 hours work week
Working weeks in year = 52 weeks.
Payroll Expense = 20% of the total compensation
Shipping = $250/week
Insurance = $50/week
Office Supplies = $25/week
Acct/Legal = $50/week
Utilities = $200/week
Misc = $100/week
Following is the expenses portion of an annual income statement for Penny blossoms:
Rent = $1000 x 12 = $12000
Owner Salary = ($500 x 4) x 12 = $24000
Employee Wages = $10 an hour = (10 x 40) x 52 x 4 = $83200
Payroll Expense = 20% of the total compensation = 20% x ($83200 + $24000) = $21440
Shipping = $250/week = (250 x 4) x 12 = $12000
Insurance = $50/week = (50 x 4) x 12 = $2400
Office Supplies = $25/week = 25 x 4 x 12 = $1200
Acct/Legal = $50/week = 50 x 4 x 12 = $2400
Utilities = $200/week = 200 x 4 x 12 = $9600
Misc = $100/week = 100 x 4 x 12 = $4800
Total Expense is the sum of all annual expenses.
Total Expense = $173040
The money supply increased, and the AD curve did not shift to the right. This is consistent with the:________
a) monetarist transmission mechanism when there is a liquidity trap.
b) Keynesian transmission mechanism when there is a liquidity trap.
c) monetarist transmission mechanism when there is interest-insensitive investment.
d) Keynesian transmission mechanism when there is either a liquidity trap or interest-insensitive investment.
Answer:
b) Keynesian transmission mechanism when there is a liquidity trap.
Explanation:
Since the interest rate is so low, the public will have no incentive to deposit their cash into a bank or invest it in a company. This is a situation where the public will hold to their cash becasue they feel that a negative interest rate is possible. This type of situation could occur if the real interest rate is 0 and the public believes that the possibility of deflation exists and they will be better of by holding to their money.
Are executive pay levels unreasonable? Why or why not
Answer:
In my opinion, some corporate salaries for high-ranking executives are excessively high for the functions that these people have in these companies and the impact that their work has on their economy and on the well-being of society as a whole.
It is that, although we live in a capitalist, free and democratic society in which everyone has the right to earn the sum of money that their employer is willing to pay, the truth is that in certain cases (or in most cases ) Said salaries are not justified based on the contributions that said executives make in their day-to-day work.
U.S. manufacturing company operating a subsidiary in an LDC (less-developed country) shows the following results: U.S. LDC Sales (units) 98,000 19,980 Labor (hours) 20,600 15,600 Raw materials (currency) $ 19,950 19,750 (FC) Capital equipment (hours) 59,250 5,600 *Foreign Currency unit a. Calculate partial labor and capital productivity figures for the parent and subsidiary. (Round your answers to 2 decimal places.) b. Compute the multifactor productivity figures for labor and capital together. (Round your answers to 2 decimal places.) c. Calculate raw material productivity figures (units/$ where $1
Answer:
a. Productivity = Sales /Labour Hour
U.S
Productivity = 98000 units/20600 hours
Productivity = 4.76
LDC
Productivity = 19980 units/15600 hours
Productivity = 1.28
Capital Productivity = Sales / Capital Equipment (Hours)
U.S
Capital Productivity = 98000 units/59250 hours
Capital Productivity = 1.65
LDC
Capital Productivity = 19980 units/5600 hours
Capital Productivity = 3.57
b. Multi-factor Productivity = Total Output (Sales) / (Labour Hours + Capital Equipment Hours)
U.S
Multi-factor Productivity = 98000 units/(20600+59250)
Multi-factor Productivity = 98000 units / 79850 hours
Multi-factor Productivity = 1.23
LDC
Multi-factor Productivity = 19980 units / (15600+5600)
Multi-factor Productivity = 19980 units / 21200 hours
Multi-factor Productivity = 0.94
c. Raw Material Productivity = Sales / Raw Materials Currency
U.S
Raw Material Productivity = 98000 units/$19950
Raw Material Productivity = 4.91
LDC
Raw Material Productivity = 19980 units / (19750 /10)
Raw Material Productivity = 19980 units / $1975
Raw Material Productivity = 10.12
2. The Lexington Property Development Company has a $10,000 note receivable from a customer due in three years. How much is the note worth today if the interest rate is a. 9%
Answer:
$7721.83
Explanation:
the worth of the note today can be determined by calculating the present value of the cash flows
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow in year 1 and 2 = 0
Cash flow in year 3 = 10,000
I = 9%
PV = $7721.83
To determine the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Which one of the following items is not generally used in preparing a statement of cash flows? Group of answer choices Adjusted trial balance Comparative balance sheets Current income statement Additional information
Answer:
Adjusted trial balance
Explanation:
In financial accounting, statement of cash flow can be regarded as a financial statement which give details of how changes that occur in balance sheet accounts as well as income have effect on cash as well as cash equivalents, it also helps in breaking down of analysis to operating as well as investing and other financing activities.
It should be noted that the following items are generally used in preparing a statement of cash flows;
✓Comparative balance sheets
✓Current income statement
✓Additional information
On October 1, 2016, Adams Company paid $4,200 for a two-year insurance policy with the insurance coverage beginning on that date. As of December 31, 2016, which of the following account balances are correct after adjusting entries have been made?a. Prepaid insurance $4,200, and Insurance expense $0.b. Prepaid insurance $0, and Insurance expense $4,200.c. Prepaid insurance $2,100, and Insurance expense $2,100.d. Prepaid insurance $3,675, and Insurance expense $525.
Answer:
d. Prepaid insurance $3,675, and Insurance expense $525.
Explanation:
Preparation of the journal entry to determine which of the following account balances are correct after adjusting entries have been made
Based on the information given the account balances that are correct after adjusting entries have been made will be PREPAID INSURANCE $3,675, and INSURANCE EXPENSE $525.
First step is to calculate the amount the company pay per month
Amount pay per month=$4,200/24 months
Amount pay per month = $175 per month
Last step
Since Three months have been used which are October, November, and December which means that $175 per month × 3 months = $525 which will be recorded as INSURANCE EXPENSE while the balance in PREPAID INSURANCE will be $4,200 - $525 = $3,675
Vincenzo Martin and Sasha Boudrakis have started a new firm, The Fan Base. Vincenzo is a well-known marketing guru who advises major league sports franchises on how to maximize the revenue from their teams' brands and logos. Sasha, meanwhile, is mostly silent in the operation. He has invested $2 million to get The Fan Base off the ground, and in return he receives 25% of the firm's annual profits. The Fan Base is organized as a Group of answer choices corporation. limited liability company (LLC). sole proprietorship. general partnership. limited partnership.
Answer: limited partnership
Explanation:
With the description given in the question, the The Fan Base is organized as a limited partnership. A limited partnership has a general partner, whom has an unlimited liability and a limited partner.
A limited partnership is when two or more partners go into business together, and in this case, the limited partners will be liable only up to the amount that they invested in the business.
Lewis Co. sold merchandise to AdCo for $60,000 and received $60,000 for that sale one month later. One week prior to receiving payment from AdCo, Lewis made a $10,000 payment to AdCo for advertising services that have a fair value of $7,500. After accounting for any necessary adjustments, how much revenue should Lewis Co. record for the merchandise sold to AdCo?
Answer:
$57,500
Explanation:
Calculation to determine how much revenue should Lewis Co. record for the merchandise sold to AdCo
Using this formula
Revenue=Transactions price-(Payment to advertisement -Fair value)
Let plug in the formula
Revenue=$60,000-($10,000-$7,500)
Revenue=$60,000-$2,500
Revenue=$57,500
Therefore the amount of revenue that Lewis Co. should record for the merchandise sold to AdCo is $57,500
The spot and 30-day forward rates ($/SF) for the Swiss franc are $.3075 (1.0695) and $.3120(1.0885), respectively. The franc is said to be selling at a forward: a. Premium of 16.88%. b. Premium of 17.56%. c. Discount of 6.39%. d. Discount of 15.10%. e. Discount of 17.31
Answer:
b. Premium of 17.56%.
Explanation:
The computation is shown below:
Given that
Spot price = $0.3075
Forward rate = $0.3120
Now
Forward premium or discount is
= [(Forward rate - Spot rate) ÷ Spot rate] × (12 ÷ months) × 100
= [0.3120-0.3075) ÷ 0.3075 ] × (12 ÷ 1) × 100
= (.0045 ÷ 0.3075) × 12 ÷ 1 × 100
= 17.556 %
= 17.56 %
Hence, the Option B Premium of 17.56% is correct
During its first year of operations, Mack's Plumbing Supply Co. had sales of $620,000, wrote off $9,900 of accounts as uncollectible using the direct write-off method, and reported net income of $68,200. Determine what the net income would have been if the allowance method had been used, and the company estimated that 2% of sales would be uncollectible.
Answer:
$65,700
Explanation:
Calculation to determine Determine what the net income would have been if the allowance method had been used, and the company estimated that 2% of sales would be uncollectible.
Bad debt expense under allowance method = 2% of sales
Bad debt expense under allowance method= 620,000 x 2%
Bad debt expense under allowance method= $12,400
Excess of Bad debt expense under allowance method = Bad debt expense under allowance method - Bad debt expense under direct write off method
Excess of Bad debt expense under allowance method= $12,400 -$9,900
Excess of Bad debt expense under allowance method= $2,500
Net income under allowance method = Net income under direct write off method - Excess of Bad debt expense under allowance method
Net income under allowance method = $68,200 - $2,500
Net income under allowance method =$65,700
Therefore what the net income would have been if the allowance method had been used, and the company estimated that 2% of sales would be uncollectible is $65,700
The following information pertains to Lightning Inc., at the end of the year:
Credit Sales $75,000
Accounts Payable 13,900
Accounts Receivable 8,200
Allowance for Uncollectible Accounts $900 credit
Cash Sales 24,000
Lightning uses the percentage-of-credit-sales method and estimates 4% of sales are uncollectible. What is the ending balance of the allowance account after the year-end adjustment?
$3,900
$4,860
$3,000
$2,100
Answer:
$3900
Explanation:
Calculation to determine the ending balance of the allowance account after the year-end adjustment
Balance in allowance for uncollectible account$ 900
Add Bad debts during the period $3,000
($75,000*4%)
Ending Balance in allowance for uncollectible account$ 3,900
($900+$3,000)
Therefore the ending balance of the allowance account after the year-end adjustment is $3900
The decision to increase wages had a high probability of effect on Walmart’s success, illustrated by Multiple Choice pilot tests confirming that turnover would decrease. lawsuits that had been dropped. support from labor and worker rights groups. increased morale among all employees. flexible schedules, more training, and more HR personnel.
Answer: pilot tests confirming that turnover would decrease.
Explanation:
Companies that have a lower turnover of employees are generally more successful than companies that don't because these companies spend less on job training for new staff, have a staff that is more motivated and the presence of regular staff that bond with customers will inspire those customers to buy more.
Walmart engaged in pilot tests to confirm this theory and increased wages in several test locations. These locations became more successful after the wage increase and so Walmart decided to apply it across the board.
Classified stock differentiates various classes of common stock, and using it is one way companies can meet special needs such as when owners of a start-up firm need additional equity capital but don't want to relinquish voting control.A. TrueB. False
Answer: True
Explanation:
Classified stocks are referred to as the stocks of a publicly-traded company which possess different classes of stocks. Classified shares typically has some special privileges, like the dividend rights and the enhanced voting rights.
The use of classified stock allows the founders of a company to have control over the company despite not having to own the majority of the common stock. Therefore, the correct option is True.
On April 30, 2009, Tilton Products purchased machinery for $88,000. The useful life of this machinery is estimated at 8 years, with an $8,000 residual value. Assume that in its financial statements, Tilton Products uses straight-line depreciation and rounds depreciation for fractional years to the nearest month. Total Accumulated Depreciation on this machinery at the end of 2010 will be:
Answer:
$16,667
Explanation:
Annual Depreciation = (Original Value - Residual Value) / Useful Life
Annual Depreciation = ($88,000 - $8,000) / 8
Annual Depreciation = $10,000 [Depreciation for 2010 = $10,000]
Depreciation for 2009 = $10000 * 8/12
Depreciation for 2009 = $6,667
Total Accumulated Depreciation = $10,000 + $6,667
Total Accumulated Depreciation = $16,667
So, the total accumulated depreciation on this machinery at the end of 2010 will be $16,667.