Treasurer-person makes original journal entries in the general ledger and reporting system about events such as dividend payments and payments to creditors
What does us Treasurer do?The Treasurer of the United States has direct oversight over the U.S. Mint, the Bureau of Engraving and Printing and Fort Knox and is a key liaison with the Federal Reserve. In addition, the Treasurer serves as a senior advisor to the Secretary in the areas of neighborhood development and public engagement.
Why is it referred to as a Treasurer?Originally the phrase referred to the individual in charge of the treasure of a noble; however, it has now moved into wider use. In England at some stage in the seventeenth century, a function of Lord High Treasurer was used on a number of events as the 0.33 remarkable officer of the Crown.
What is the electricity of treasurer?He is the individual accountable for controlling monetary complications, making reports, recording finances, and managing the have confidence financial institution accounts.
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if ibm just paid a dividend of $4.50 and expects these dividends to grow at 8% a year and the price of ibm is $100 per share then ibm's cost of equity capital will be 12.86%.
The rate of return anticipated on an investment financed with equity is referred to as the "cost of equity." The metric is used by investors and business owners to assess the value of a project or business venture. It is frequently used by businesses as a cap for the required rate of return.
The capital asset pricing model (CAPM), dividend capitalization, and weighted average cost of equity are the three methods used to determine the cost of equity (WACE).
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n the united states, laws mandating that companies be responsible for take back of electronic wastes are becoming prevalent at the state level. today, there are more than 70,000 remanufacturing companies with revenues exceeding $55 billion in annual sales. how does remanufacturing relate to this legislation? how is remanufacturing related to green manufacturing initiatives?
This law looks to be addressing the e-waste issue head-on by requiring manufacturers to provide a minimum amount of take-back.
What steps comprise the remanufacturing process?Remanufacturing is the process of bringing a used product back to its original performance standards from the perspective of the customer and providing the finished product with a guarantee that is at least equal to that of a newly manufactured counterpart.
Which advantages come with remanufacturing?Remanufacturing uses less energy, less raw resources, and generates less waste than starting from scratch when creating a product. Each of these sectors experiences significant savings as a result, which frequently results in a product of comparable quality that is less expensive for both the remanufacturer and the consumer.
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the planning, direction, and control of personal selling activities, including recruiting, selecting, training, motivating, compensating, and evaluating, as they apply to the sales force is known as
Sale management includes the planning, direction, and control of personal selling activities, including recruiting, selecting, training, motivating, compensating, and evaluating, as they apply to the sales force.
What is sales management?
Sales management involves organizing, directing, and managing personal selling activities for the sales team, such as hiring, choosing, training, inspiring, compensating, and reviewing.
A business discipline called sales management is dedicated to managing a company's sales activities and putting sales tactics into practice. It is a crucial business function because the majority of commercial enterprises are driven by net sales from the selling of goods and services and the subsequent profit.
Stage 1: Initial.
Stage 2: Motivate.
Stage 3: Execute.
Stage 4: Coach.
Stage 5: Align.
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on january 1, year 1, saturn corporation issues $100,000 of bonds with a stated rate of 8% for $107,020. the bonds pay interest on june 30 and december 31. the market interest rate at the issue date was 6%. the journal entry to record the interest expense on june 30 will include which of the following?
If on january 1, year 1, saturn corporation issues $100,000 of bonds with a stated rate of 8% for $107,020. the journal entry to record the interest expense on june 30 is: Credit cash $4,000,Debit premium on bonds payable $789, Debit to interest expense $3,211.
What is journal entry?Journal entry is an essential part of accounting as it use by business to post their day to day business operations transactions.
Based on the information given the appropriate entry to record this transaction is;
Saturn corporation journal entry
Credit cash $4,000
($100,000×8%×6/12)
Debit premium on bonds payable $789
($4,000 - $3,211)
Debit to interest expense $3,211
( 6%/2 x$107,020)
(To record interest expense)
Therefore the entry is Credit cash $4,000,Debit premium on bonds payable $789, Debit to interest expense $3,211.
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List examples of socially responsible business practices.?
what
Answer: Reducing carbon footprint, improving workers working conditions, and charitable donations to organizations.
supporters of the merit selection system argue that its number one advantage would be which of the following?
Advocates of merit selection systems argue that profit is number one. One of the implementations is improving the quality of judges.
The judge is an official who exercises judicial power and presides over the trial as regulated by law. The judge means the person who adjudicates the case (in court and court). In carrying out their duties and functions, judges are obliged to maintain the independence of the judiciary. Judges have the main task, which is to resolve legal disputes in a final and open manner, indirectly the judge confirms the existence of the rule of law. Judges as state officials have significant authority in government. They oversee the trial procedures followed, with the aim of ensuring consistency, impartiality, as well as abuse of power. In addition, judges can give orders to the military, police or court officials so that the investigation process runs smoothly. Orders can be search, arrest, imprisonment, disturbance, confiscation, deportation, and other non-criminal acts. As for the court of appeal and the highest court which has higher power than a judge, they can examine the power of a judge.
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Fogelberg company purchased equipment for $12,000. Sales tax on the purchase was $600. Other costs incurred were freight charges of $240, repairs of $420 for damage during installation, and installation costs of $270. What is the cost of the equipment?.
The total capitalization cost of the equipment = $13110
Fogelberg Company purchased equipment for $12,000.
The sales tax on the purchase was $600.
Other costs incurred were freight charges of $240, repairs of $420 for damage during installation, and installation costs of $270.
We know that,
Capitalization cost of the equipment = Purchase cost of equipment + Sales tax on purchase + Freight charges + Installation costs.
Capitalization cost of the equipment = $12,000 + $600 + $240 + $270
Capitalization cost of the equipment = $13110
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the demand for labor is: group of answer choices derived from the demand of a product. unrelated to the demand for a product. proportional to the market supply curve. always inelastic.
When utilized to predict the potential market for goods, the demand that is derived from the demand for another commodity can be a great investing approach.
What do supply and demand in economics mean?In economics, demand refers to consumers' willingness and ability to buy a specific quantity of an item or service at a specific price. The availability of a specific quantity of an item or service at a given price is referred to as supply.
Which of the following variables will produce a rightward change in the labor demand curve?When there are more workers, the supply curve will shift to the right. The number of workers may rise as a result of immigration, population growth, and other factors.
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The demand for labor is derived from the demand of a product.
What do supply and demand in economics mean?In economics, demand refers to consumers' willingness and ability to buy a specific quantity of an item or service at a specific price. The availability of a specific quantity of an item or service at a given price is referred to as supply.
Which of the following variables will produce a rightward change in the labor demand curve?When there are more workers, the supply curve will shift to the right. The number of workers may rise as a result of immigration, population growth, and other factors. The curve representing labor demand will move to the right as human capital rises. More workers are available to work at the present wage rates as human capital increases. Because a rise in labor supply will result in lower pay, the demand for laborers will rise.
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Incoterms are the terms agreed upon by nation states that allow for the incorporation of companies as recognized globally. t/f
It is false that incoterms are the terms agreed upon by nation states that allow for the incorporation of companies as recognized globally.
The International Chamber of Commerce (ICC) published a set of pre-defined commercial terminology known as the Incoterms or International Commercial Terms in relation to international commercial law. Incoterms outline importers' and exporters' responsibilities for organizing shipments and transferring obligation at key points in the transaction. They are frequently used in international business transactions or procurement procedures, and trade councils, courts, and international lawyers support their use.
The Incoterms regulations, which consist of a set of three-letter trade phrases connected to customary contractual sales practices, are largely designed to make it apparent what is involved in the worldwide or international transportation and delivery of goods, as well as the associated costs and hazards. Sales contracts are informed by Incoterms, which specify the obligations, expenses, and risks associated with the delivery.
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a principal-agent problem can arise when an insurance agent sells a policy to a buyer who uses it as an incentive to behave badly. a principal uses an agent to accomplish a task the principal wants credit for completing. an agent hires a principal to do something on their behalf, and the agent can observe the principal's actions. a principal hires an agent to do something on their behalf, but the principal cannot perfectly observe the agent's actions.
When a principal employs an agent to act on their behalf but is unable to closely monitor the agency's activities, principal-agent problems may develop.
The principal-agent problem refers to the conflict of interests between the owner of an asset and the person to whom ownership of the asset has been assigned. The problem can come up in a variety of situations, such as when there is a relationship between a client and a lawyer or between stockholders and a CEO.
The principal-agent relationship is sometimes shown by engaging a carpenter to fix a house, employing an attorney to handle legal matters, or requesting an investment adviser to diversify a stock portfolio.
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we have many options to decrease our energy use. some steps require some investment of money but have a quick pay-back time. what is the first thing a homeowner should do if he or she wants to make some changes that will save energy? installing attic insulation, since heating and air conditioning use the most energy
You may save money, improve our energy security, and lessen the pollution caused by non-renewable energy sources by reducing energy use in your house. Reducing your electrical demands is the first step if you intend to build a small renewable energy system, such as a solar electric system or small wind turbine, to generate your own electricity because it enables you to buy a smaller and less expensive equipment.
Around 1000 kWh are consumed nationwide on average each month. Even bigger savings can be attainable if you utilise more. There are numerous strategies to lower your home's electricity usage:
Appliances and electronics: Invest in energy-saving devices and use them properly.
Lighting: Make energy-efficient product purchases, use them wisely, and increase the amount of natural light in your home.
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when examining your attribution report, you notice 85% of your leads that have closed into customers have downloaded your introductory ebook, but your sales team is only closing 1% of leads from social sources. how do you support your sales team to close more leads from social into customers?
Before interacting with sales, make sure that all leads obtained from social media are cultivated with the intro ebook.
How would you define sales?A sale is a deal in which a group of people exchange goods or services for cash or other assets. A sale in the capital sector is an arrangement involving the cost of a security but also its release for agreed-upon payment in between buyer and a seller.
What exactly do sales in company mean?General sales business operations refer to any exchanges of money or value for the right to possess a good or get a service. Sales, in the context of accounting, refers to the income generated by a corporation via the sale of services or goods (net sales).
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13) ten years ago, you put $150,000 into an interest-earning account. today it is worth $275,000. what is the effective annual interest earned on the account?
You invested $150,000 in an interest-bearing account ten years ago. It is now worth $275,000 The account's effective yearly interest rate is 6.25%.
What does the term interest mean?The cost of borrowing money is called interest, and it is typically stated as a percentage, like an annual percent rate (APR). For utilizing their money, borrowers can charge interest to lenders, or lenders may collect interest to borrowers.
Why is interest used?There are several significant reasons why lenders require borrowers to pay interest. First off, when people borrow money, they are no longer able to utilize it to pay for their own purchases. This difficulty is made up for by the interest payment. Second, a borrower might stop making loan payments.
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boland manufacturing prepared a 2019 budget for 120,000 units of product. actual production in 2019 was 130,000 units. to be most useful, what amounts should a performance report for this company compare? question 8 options: the actual results for 130,000 units with the original budget for 120,000 units. the actual results for 130,000 units with a new budget for 130,000 units. the actual results for 130,000 units with last year’s actual results for 134,000 units. it doesn’t matter. all of these choices are equally useful.
If boland manufacturing prepared a 2019 budget for 120,000 units of product. The amounts that a performance should report for this company compare is: D. The actual results for 130,000 units with a new budget for 130,000 units.
What is actual production and budgeted production?Actual production can be defined as the real production that a company tend to produce while on the other hand budgeted production can be defined as what a company plan to produce.
Since the company budgeted 120,000 units of product in the year 2019 in which the actual production in the same year was 130,000 units instead of 120,000 units. The performance should report should record 130,000 units which was the actual production.
Therefore the correct option is D.
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question 39 winding up is the process of collecting, liquidating, and distributing the partnership assets. true false
It is True that winding up is the process of collecting, liquidating and distributing the partnership assets of a partnership firm.
What is the term "winding up a partnership business"?Sometimes a partnership needs to be wound up. Any assets that remain following the dissolution of the partnership business are distributed, or liquidated, as part of the process of winding up a partnership business. The only partners who have the right to partnership assets throughout the winding-up procedure are those who are still partners in the partnership.
How does winding up of a partnership business occur?Two basic methods exist for ending a joint business. These consist of a petition from a creditor and one from a partner.
A creditor may occasionally ask the court to dissolve a partnership. If the partnership owes a debt to a creditor, the creditor may file a petition to dissolve the insolvent partnership in order to collect the debt.If a partnership does not have a viable future, the partners may also seek to dissolve it.To know more about winding up, please refer to:
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when monopolistically competitive firms realize losses in the short run, some firms will ___ the industry, ____ market shares and prices and eliminating losses for the remaining firms
exit
increasing
When monopolistically competitive firms realize losses in the short run, some firms will exit the industry, increasing market shares and prices and eliminating losses for the remaining firms.
Monopolistically competitive is a form of imperfect competition in which a large number of producers or organisations market distinctive goods that are not exact replacements. Restaurants, shoe stores, clothing brands, and other businesses or organisations are examples of those participating in monopolistic competition.
Generally speaking, a monopolistic competitive market is one that has a relatively low entry barrier and a high number of firms (producers).
Therefore, in a monopolistic competition, firms have some influence over pricing, make their own choices, and ultimately have the freedom to enter or depart the market. As a result, these businesses incorporate aspects of both monopoly and competition.
The marginal revenue of a monopolistically competitive firm equals the marginal cost when it reaches long-term equilibrium.
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As a promotion, the first 50 customers who entered a certain store at a mall were asked to choose from one of two discounts. The first discount choice was 20% off all purchases made that day. The second discount choice was 10% off all purchases for the week. Of those who received the discounts, 28 chose the first discount and 22 chose the second discount. One customer will be selected at random from those who received a discount. Let F represent the event that the selected person chose the first discount, and let S represent the event that the selected person chose the second discount.
Are F and S mutually exclusive events?
AYes, because P(F∩S)=0.
BYes, because P(F∩S)=0.12.
CYes, because P(F∩S)=1.
DNo, because P(F∩S)=0.
ENo, because P(F∩S)=1.
Let F represent the event that the selected individual chooses the first discount and let S represent the event that the selected individual chooses the second discount. Then F and S are mutually exclusive events.
50 customers were asked to choose from one of two discounts
The first discount choice = 20% off all purchases made that day
The second discount choice = 10% off all purchases for the week
28 chose the first discount
22 chose the second discount
When two events cannot happen at the same moment, they are mutually exclusive.
F represents the event that the selected person chose the first discount S represents the event that the selected person chose the second discount, yes F and S can not occur at the same time so in the case of mutually exclusive, P(F ∩ S).
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An oligopoly knows that its _____ affect(s) its _____ and that the _____ of its rivals will affect it. Select one:
a. actions; rivals; reactions
b. price changes ; total revenue in a positive way; reactions
c. actions rarely; rivals; actions
d. price increases; total revenue in the long run only; large but not small price changes
Option a. actions, rivals, reactions is the correct answer. An oligopoly knows that its actions affect its rivals and that the reactions of its rivals will affect it.
The word 'Oligopoly' is coined by two Greek words: 'Oligoi, which means 'a a few' and 'pollein' which means 'selling.' It happens when a market consists of some companies producing the same or differentiated product.
Oligopoly- There are few sellers under this, and they enjoy a huge market share. Due to less competition and the oligopoly of a large firm, partnerships and collusion are possible. Firms under the oligopoly have a high degree of mutual interconnectedness because each firm takes into account the reaction curves of rival firms and determines their price and quantity.
An oligopoly understands that its actions have an impact on its rivals and that the reactions of its rivals will have an impact on it.
Hence, option a is the correct answer.
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why is it a good idea for macroprudential policies to require countercyclical capital requirements?
Macroprudential policies with countercyclical capital requirements increase Lending substantially in booms and decreases in downturns.
And It Requires more capital-held during booms to Reduce Lending. It helps to mitigate the credit bubble that can damage Later on. So, it is a good idea.
It also reveals that macroprudential coverage is powerful in decreasing bank threat as measured via the non-performing loan ratio. every usa paper further develops their own analysis including a story unique to their countrywide experience.
Macroprudential policies are monetary policies geared toward ensuring the stableness of the financial device as an entire to prevent significant disruptions in credit score and other vital financial offerings vital for stable monetary increase
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a marketing analyst wants to examine the relationship between sales (in $1,000s) and advertising (in $100s) for firms in the food and beverage industry and so collects monthly data for 25 firms. he estimates the model: sales
When testing whether Advertising is significant at the 10% significance level, the conclusion is to reject H0; advertising is significant.
When do we reject the null hypothesis?When the p-value is less than or equal to your significance level, reject the null hypothesis. The alternative theory, which contends that the effect is widespread, is supported by your sample data. The null must be removed when the p-value is low as a mnemonic device.
Given that the p value of 0.0608 is smaller than the 10% level of significance in the result above, we may reject the null hypothesis that advertising is not important. The null hypothesis is accepted if the tabulated value in the hypothesis test is greater than the computed value. If not, it is turned down.
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A marketing analyst wants to examine the relationship between sales (in $1,000s) and advertising (in $100s) for firms in the food and beverage industry and so collects monthly data for 25 firms. He estimates the model: Sales = β0 + β1 Advertising + ε. The following table shows a portion of the regression results. Coefficients Standard Error t-stat p-value Intercept 40.10 14.08 2.848 0.0052 Advertising 2.88 1.52 −1.895 0.0608 When testing whether Advertising is significant at the 10% significance level, the conclusion is to _______________________________. not reject H0; advertising is significant reject H0; advertising is not significant not reject H0; advertising is not significant reject H0; advertising is significant
bill, a u.s. citizen, pays a spanish architect to design a metal casting factory. which country's exports increase?
Spain's exports will increase, if a US citizen pays a Spanish architect to design a metal casting factory.
What is export?Export describes the sale of products or services made in one nation but purchased by customers in another nation. This sale of goods or services generates foreign exchange revenues, which in turn drive the exporting nation's economic expansion.
Here, it is made clear in the question that Bill is a citizen of the United States and that he is employing the services of a Spanish architect to construct his factory. This suggests that Spain is the exporting nation while the United States is the importer. Spanish service exports will expand as a result of an architect from Spain creating a factory in the United States. The payment to the Spanish architect will be made in US dollars, boosting Spain's foreign exchange revenues.
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which of the following are not the responsibility of central banks? select the correct answer below: promoting stability of the financial system conducting monetary policy providing banking services to individuals providing banking services to the federal government
Providing banking services to individuals is not the responsibility of central banks.
A central bank is a public institution that manages a country's or group of countries' currencies and controls the money supply or the amount of money in circulation.Price stability is a primary objective for many central banks.
The main objective of central banks is to maintain price stability for the currencies of their nations by limiting inflation. A country's monetary policy is governed by the central bank, which is also the only source of and printer of the notes and coins that are in use.
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after successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of schenkel enterprises. unfortunately, you will be the only individual voting for you. if the company has 525,000 shares outstanding and the stock currently sells for $38, how much will it cost you to buy a seat if the company uses straight voting? assume that the company uses cumulative voting and there are four seats in the current election; how much will it cost you to buy a seat now?
A Board of Directors is a group of people who jointly supervise the activities of an organization, which can be either a for-profit business, a nonprofit organization, or a government agency.
What does Government Agency mean?
A government agency is a government department or organization established to carry out specific public administration functions. Government agencies are responsible for enforcing laws and regulations, providing services, and safeguarding the public interest. The Environmental Protection Agency (EPA), the Federal Bureau of Investigation (FBI), and the Internal Revenue Service are examples of government agencies (IRS).
If the company uses straight voting, you will need to own one-half of the shares, plus one share, inorder to guarantee enough votes to win the election. So, the number of shares is :
$ 525,000 / 2 = $262,500
So, one share= $265.500 / 2 = $131,250
$131,250 is the cost to buy a seat now.
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convertible debt from early investors can turn into when money is received from a venture capitalist. a. a convertible note b. venture capital funds c. conventional debt d. equity
Answer: The answer is D
Explanation: The answer is Equity
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which marketing metric measures the percentage of the target market that has been exposed to a promotional message at least once during a specific time period? multiple choice reach kred frequency recall recognition
Option (a), reach, is a marketing metric that quantifies the proportion of the target market that has at least once over a certain time period been exposed to a promotional message.
Is reach a metric?Reach is the total number of people who have seen your content or advertisement. Your advertisement has been seen by 100 people if 100 people in total have seen it. Impressions are the total number of times your content or advertisement has appeared on a screen.
Although "reach" and "impressions," two social media measures that are frequently mentioned, are not universally understood. Simply put, these terms are frequently used in the same sentence.
Why is reach such an important metric?Reach is used to calculate the size of your target audience. Reach is important for campaigns since it enables you to assess the possible impact of your tweets. It is essential for establishing the size of the target audience for your message and evaluating a campaign's efficacy.
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a useful rule of thumb is that the higher the marginal benefit a consumer gains from a product, the lower the consumer's demand for the product will be. more price-sensitive the consumer will be. higher the buyers' reservation price will be. more the consumer will seek substitutes for the product.
The lower the consumer demand for a product, the more price-sensitive consumers become, the higher the reservation price of buyers, and the more consumers seek alternatives to a product.
Also known as a marginal benefit, there is a marginal utility for each additional unit purchased for consumption after the initial unit was purchased. The term utility is used to describe the satisfaction attributed to the units consumed by the consumer.
Marginal benefit is the maximum amount a consumer is willing to pay for an additional good or service. Consumer satisfaction tends to decline as consumption increases.
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A cost is considered controllable at a given level of managerial responsibility if.
At a specific managerial responsibility level, a cost is deemed manageable if the manager has the authority to incur it within a specific time frame.
Who is a manager?To run effectively and (in the case of for-profit businesses) to make a profit, business managers direct the work of others (if any). They should have a working understanding of the following fields, and they could be experts in one or more of them: marketing, public relations, and finance. Law, science, and computer programming are among further technical fields in which a corporate manager may be knowledgeable. Business managers occasionally even have control over human resources. The position may be created in many firms in order to free up the owner to concentrate on particular facets of business expansion. In order to ensure the operation of the business, the manager and owner frequently work together.
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The cash flow statement should be evaluated by examining the cash flow pattern ______.
The cash flow statement should be evaluated by examining the cash flow pattern of the subtotals for the three sections of the statement.
The cash flow statement is referred to as the statement or data that consists of the information about all the inflows and outflows of cash within the organization or firm. Within a firm a continuous inflow and outflow of cash takes place and the information is stored or stated in the form of cash flow statement. This statement also tells us that how easily and how efficiently the company manages its cash. A successful company always has its cash inflows more than the cash outflows. The three activities that lead to the flow of cash within the company are the operating activities, financing activities and the investment activities and the cash flow statement is the summation of the three activities.
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the risk-free rate is 5%, and the expected return on the market is 15%. what is the beta on a stock with an expected return of 17%?
The beta on a stock is 1.2
Following are the steps to for calculation of β
Er= Rf (Rf - Re)β
where Er is expected return; Rf is risk free return; Re is
expected rate of return
17% = 5% + [15% - 5%]βs;
βs = 1.2
What is expected return?
The anticipated value of a financial investment's return is known as the expected return. It is a measurement of the random variable's distribution's center, which is the return.
Investors must determine the expected return of each holding in their portfolio along with the overall weight of each holding in order to determine the expected return of the entire portfolio.
The fundamental anticipated return methodology entails dividing the weight of each asset in the portfolio by its expected return, then adding up all of those numbers.
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If you borrow $10,000 over five years, at the end of the five years,
what will you have paid? (1 point)
$2,000
O $10,000
more than $10,000
O less than $2,000
Answer:
More than 10 thousands
Explanation:
If you borrow money from others and if you are going to pay it after a long time then you have to give more money .
Answer: 1. It is a simple way to compare all the various elements of different loans.
2. It is the amount you borrow.
3. The rate can go up or down, depending upon the index it is tied too.
4. It is the amount of time after a purchase and before it starts accruing interest.
5. more than $10,000
Explanation: I took the same quick check and got 100%, hope it helps!