Auto Parts is a division of MPI International, located in Wadena, Saskatchewan. Auto Parts manufactures various automobile parts, such as bumpers, fenders, and axles, and sells them to major auto manufacturers. The division and its management are evaluated by senior corporate management on the basis of investment centre concepts. The following information pertains to operations of the Auto Parts division for 2014 $22,050,000 Total revenues 9,078,000 Direct variable costs 7,805,000 Direct fixed costs 4,096,000 Allocated corporate costs Book Values Market Values December 31 December 31 December 31 December 31 2014 2014 2013 2013 Current assets 1,299,000 1,866,000 12,129,000 Fixed assets 10.650.000 Accumulated depreciation 1.299.000 (1,816,000 Total operating assets $10,650,000 $12,179,000 $9,881,000 $10,922,000 3,115,000 3,624,000 Liabilities
Answers
The Auto Parts division of MPI International generated total revenues of $22,050,000 in 2014. The direct variable costs incurred by the division were $9,078,000, and the direct fixed costs were $7,805,000.
The allocated corporate costs were $4,096,000. The division's operating assets had a book value of $10,650,000 and a market value of $12,179,000 at the end of 2014. The total liabilities of the division were $3,624,000. Based on this information, the Auto Parts division can be evaluated using the investment center concept, which focuses on the return on investment (ROI) and residual income. ROI is calculated as the division's operating income divided by its total operating assets. Residual income is calculated as the division's operating income minus a charge for the cost of capital multiplied by its total operating assets. To calculate the ROI, we need to subtract the direct variable costs, direct fixed costs, and allocated corporate costs from the total revenues to get the operating income, which is $22,050,000 - $9,078,000 - $7,805,000 - $4,096,000 = $1,071,000. The ROI is then $1,071,000 / $10,650,000 = 10.07%. To calculate the residual income, we need to determine the cost of capital for the division. Assuming a cost of capital of 8%, the charge for the cost of capital would be $10,650,000 * 8% = $852,000. The residual income would then be $1,071,000 - $852,000 = $219,000.
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Related Questions
Q. 2:- Choose the correct answer :-
1-The muslim must belive that the seal of the Prophets and the
Messenger of Allah is
a) Musa (A.S.)
b) lyaas (A.S.)
c)Muhammed (S.A.W.)
2-The dominating book over all other heavenly Books is
a) At-Taurat
b) Al- Quran
C) Al- Injeed
3- Whoever believes that the Quran is not the last heavenly book sent
down is regarded as
a)An Outsider of the religion of Islam.
b)A muslim.
c)A weak of faith.
Answers
Answer:
1) Muhammad (S.A.W)
2) Al- Quran
3) A muslim
What is a consumer product?
Answers
Answer:
sorry po talaga need po points
Answer:
Explanation:
Consumer goods are products bought for consumption by the average consumer. ... Clothing, food, and jewelry are all examples of consumer goods.
In this activity, you will draft your own cover letter You do not need to have a specific person or employer to address the letter right now. After you draft and save a template, you will be able to revise and customize the cover letter to meet your needs in the future. The activity worksheet is a basic template to guide your writing. A rubric is also included on the worksheet to help you review your letter. You might ask your pod leader or another
significant adult in your life to review your cover letter, too.
Answers
A cover letter is a one-page document that you include with your resume or CV when applying for a job. Its objective is to introduce you and provide a brief summary of your professional history. Your cover letter should be between 250 and 400 words long on average.
What exactly is a cover letter?A cover letter typically consists of three paragraphs that explain why you are applying for a particular position, provide a brief summary of your professional history, and highlight your unique qualifications for the position. Some employers require applicants to submit a cover letter, while others make it optional.
In a cover letter, how should one introduce themselves?Yes, your cover letter should introduce you. Include your name, the position you're applying for, and how you found it in your introduction. For instance: I'm Henry Applicant and I'm applying for the open position of Account Manager on LinkedIn.
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Your supervisor has emailed this memo to appropriate employees. The primary purpose of
this email is to tell employees:
A. how long their fingernails can be in the cleanroom.
B. what jewelry is acceptable in the cleanroom.
C. what gloves must be worn in the cleanroom.
D. which personal hygiene products can be worn in the cleanroom.
E. changes to cleanroom practices.
Answers
The primary purpose of this email is to tell employees is E. changes to cleanroom practices.
Dear employees,
We hope this email finds you well. We are writing to inform you about some important changes to our cleanroom practices. It is crucial that everyone in our organization follows these updated guidelines to maintain a safe and controlled environment.
Effective immediately, we would like to inform you of the following changes:
Fingernail length: In order to prevent any potential contamination, it is mandatory that all employees keep their fingernails trimmed short. This applies to both natural and artificial nails.
Jewelry restrictions: To minimize the risk of foreign objects entering the cleanroom, it is prohibited to wear any jewelry, including rings, necklaces, bracelets, and earrings, while working in the cleanroom.
Gloves requirement: To ensure proper hygiene and prevent cross-contamination, it is mandatory for all employees to wear the specified gloves provided by the organization while working in the cleanroom. This applies to all tasks, including handling sensitive equipment and materials.
Personal hygiene products: In order to maintain a clean and sterile environment, the use of personal hygiene products such as perfumes, colognes, and scented lotions is strictly prohibited in the cleanroom.
Please take note of these changes and ensure that you adhere to them at all times. These updates are vital for upholding the integrity and safety of our cleanroom environment. If you have any questions or need further clarification, please don't hesitate to reach out to your supervisor or the cleanroom management team.
Thank you for your cooperation and commitment to maintaining a high standard of cleanliness in our cleanroom.
Sincerely,
[Supervisor's Name]
[Supervisor's Position]
So, the correct answer is E. changes to cleanroom practices.
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1.1.5 These are public goods for which it is possible to exclude free riders by levying fees and tolls. A. Non-rejectable B. Free goods C. Community goods D. Collective goods (5 x 2) (10)
Answers
Collective goods are public goods for which it is possible to exclude free riders by levying fees and tolls.
What are collective goods?Collective goods are goods that are non-excludable, meaning that it is impossible or very difficult to exclude people from using them, but they are still rivalrous, meaning that their use by one person can reduce their availability for others.
Examples of collective goods include public parks, highways, and national defense. However, it is possible to exclude free riders from using collective goods by levying fees or tolls, which can help to generate revenue to maintain and improve the quality of the goods.
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a rectangular swimming pool has dimensions 45 metre by 20 metre concrete path of 3.5 m width is laid around it .Find the cost of laying the path at a rate ₹25 per m2
Answers
Answer:
Rs. 5993.75
Explanation:
The computation of the cost of laying the path is given below:
= {area of(pool +path)- area of pool }
= ((45 + 3.5) × (20 + 3.5)) - (45 × 20)
= (48.5×23.5) - (45 × 20)
= 1139.75 - 900
= 239.75 square meters
Now the cost is
= 239.75 × 25
= Rs. 5993.75
Question # 1
Long Text (essay)
Submit your work for Part A, a crime study, and for Part B, creating a law and codifying a crime.
Answers
C r i m e is a complex social phenomenon that requires a multidisciplinary approach to understand and address. Creating laws and co di f ying c r i m e s is an essential component of the criminal justice system and can help address societal problems such as C y b e r b u l l y i n g.
What informs the c r ime study?Part A: Crime Study:
Understanding crime and its causes is critical in developing effective crime prevention strategies and maintaining social order. The study of crime also involves understanding the criminal justice system, which is responsible for maintaining law and order and punishing offenders. Law enforcement agencies are responsible for investigating crimes, arresting offenders, and bringing them to trial. The courts are responsible to determine guilt and administer punishment. The correctional institutions are responsible of rehabilitating offenders.
In conclusion, crime is a complex social phenomenon that requires a multidisciplinary approach to understand and address. Understanding the causes of crime and the criminal justice system is critical in developing effective crime prevention strategies. Creating laws and codifying crimes is an essential component of the criminal justice system and can help address societal problems such as c y b e r b u l l y i n g.
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Explain how Naïve Bayes Model works effectively? Give Five (5)
points
Answers
Naïve Bayes Model is a probabilistic method that uses Bayes theorem. It is a classification method that is used for the classification of objects that have certain characteristics, it's simple to implement and generates accurate results, but it has a basic assumption that the attributes are independent of one another.
Here are five ways that Naïve Bayes Model works effectively:1. The model is easy to implement and is relatively straightforward to understand. It is also computationally less complex and has a high speed of training.2. The algorithm works effectively even when the data is skewed or when the data set is too large.3. Naïve Bayes is very effective in identifying spam or non-spam emails, making it very useful for email filtering.4. The model has a low probability of overfitting, even with complex datasets.5. The model is particularly useful in cases where there are multiple classes in the dataset and the variables are independent of each other.
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To examine
the weekly payroll of all employees, one would look at the:
Answers
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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Suppose that a worker in Cornland can grow either 40 bushels of corn or 10 bushels of oats per year, and a worker in Oatland can grow either 5 bushels of corn or 50 bushels of oats per year. There are 20 workers in Cornland and 20 workers in Oatland. If the two countries do not trade, Cornland will produce and consume 400 bushels of corn and 100 bushels of oats, while Oatland will produce and consume 60 bushels of corn and 400 bushels of oats. If each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by
Answers
Answer:
see. I hope it's helpful for you lolExplanation:
i need friend lol can you my friend
If government revenues in 2018 were $3.1 trillion and government outlays, including interest on debt, were $2.8 trillion, the federal O budget deficit was $300 billion debt was unaffected in that year, debt increased $300 billion. Odebt decreased $300 billion budget was balanced,
Answers
If government revenues in 2018 were $3.1 trillion and government outlays, including interest on debt, were $2.8 trillion, the federal budget deficit was $300 billion.
The federal budget deficit is calculated by subtracting government revenues from government outlays. In this case, the calculation would be $2.8 trillion (government outlays) - $3.1 trillion (government revenues) = -$300 billion. A negative value indicates a budget deficit, which means that the government spent more than it collected in revenue.
Debt being unaffected means that the overall debt remained the same in that year. The deficit represents the difference between spending and revenue in a specific fiscal year, whereas the debt refers to the cumulative amount of borrowing over time. In this scenario, if the deficit was $300 billion and the debt remained unaffected, it suggests that the government had to borrow $300 billion to cover the budget shortfall, but the overall debt did not increase or decrease.
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According to FoolProof and most consumer groups credit cards have a huge
and usually bad impact on a young person's ability to budget and save. Tell us
which statements about credit cards are correct.
1. Every time you use your credit card you are borrowing money from a
stranger.
2. My credit card company says I can owe up to $1,000 on my credit card.
Therefore as long as I pay off my bill in full every month, the maximum I
should charge on my credit card is $800.
3. Many credit card companies charge a "teaser" rate to get you to take their
card and then raise that rate later.
4. According to FoolProof, and many other consumer groups, some credit
cards designed for young people are the worst credit card's you could ever
get.
5. Credit card companies charge you interest any time you charge a
Answers
True statements include Using a credit card entails taking out a loan from the business. Teaser rates might go up. Some young people's credit cards have low limits and exorbitant fees. On unpaid debt, interest is applied.
Which two of the following statements accurately define financial credit?Credit comes in the form of loans and credit cards. Lenders, companies, and future employers use financial credit to assess a person's reliability.
Which of the following points ought to be taken into account while creating a spend plan?A spending plan should account for all of your income, expenses, and savings contributions. Unexpected expenses like family vacations should be included in a spending plan in addition to normal monthly expenditures like rent and bills.
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What are the strengths/weaknesses of hiring by consensus? (Note: But no more than four interviewers, with outside perspective)
Answers
Answer:
i can't understand bro
Naomi is an entrepreneur of skin care products specializing in face mask. She just started the business and plans to sell only withing her city. If you are Naomi, which pricing strategy do you think would best fit for the product and what distribution channel would you choose?
Answers
The valued pricing strategy is the best pricing strategy and the Direct selling is the best distribution channel for the skin care products.
What is a pricing strategy?It refers to the method that is used to establish the best price for a product or service.
The valued pricing strategy will help her fix the best price that is proportionate to the value of the Skin care product while the direct selling will connect her directly to her client.
Therefore, the word "valued pricing strategy" and "direct selling" is correct.
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The additional income from
selling one more unit of a good
O increasing marginal returns
O diminishing marginal returns
O marginal revenue
O marginal product of labor
O marginal cost
Answers
C, marginal revenue
Explanation: Marginal revenue is the additional income from selling one more unit of a good. It is usually equal to the price.
Happy to help, have a great day! :)
QUESTION 1 of 10: Which of the following is NOT a type of store layout?
O a) Spine
Ob) Runway
O c)
c) Loop
Od) Grid
Submit
Answers
The term that is not a type of store layout is b) Runway.
What is store layout?Store layout refers to the physical arrangement of products, fixtures, and other elements within a retail space. The layout is designed to maximize sales and customer satisfaction by creating an environment that is easy to navigate, visually appealing, and conducive to making purchases.
Store layout can include the placement of product displays, signage, shelves, aisles, checkout counters, and other elements. The layout is often designed to guide customers through the store in a specific pattern, with key products strategically placed along the way to encourage sales.
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hich pricing strategy involves setting a high price for an exclusive, high-end product?
Answers
It is increasingly difficult for a firm to develop and sustain a competitive advantage because of the effects of globalization and:__________
a. the rapid development of the Internet's capabilities.
b. extensive use of outsourcing within the borders of the United States.
c. the declining number of inventions and patents developed by U.S. citizens.
d. the simultaneous erosion of the U.S. work ethic and the U.S. education system.
Answers
Answer:
a. the rapid development of the Internet's capabilities.
Explanation:
It is increasingly difficult for a firm to develop and sustain a competitive advantage because of the effects of globalization and the rapid development of the Internet's capabilities.
Globalization can be defined as the process of developing technology, people, investments, informations, products in order to create international influences across cultures and national markets or borders. This makes it possible for various multinational enterprise or companies to break into different markets across world and compete effectively with other companies.
Also, the rapid development of the Internet's capabilities gives various companies the ability and privilege to technology and software applications to seamlessly meet the needs of customers over the web such as cloud computing services, Internet of things (IoT) etc.
in recent years, haverhill corporation has averaged net income of $10 million per year on net sales of $100 million per year. it currently has no long-term debt, but is considering a debt issue of $5 million. the interest rate on the debt would be 8 percent. haverhill currently faces an effective tax rate of 20 percent. what would be
Answers
The income statement includes all expenses incurred by the company, such as interest on debt and taxes. Taxes are paid after the interest on the debt is paid.
An increase in interest expense reduces taxable income, thereby reducing tax expense.
Annual Interest Tax Shield = $105,000
Total Debt = $5 million
Interest expense = 6% of $5 million = $300,000
Since there was no debt initially, there was no interest expense. It currently accrues $300,000 in interest expense. An income statement is one of the three main financial statements used to report a company's financial performance for a particular accounting period. Two other important statements are the balance sheet and the cash flow statement.
An income statement focuses on a company's revenues, expenses, profits, and losses in a particular period of time. The Income Statement, also known as the Profit and Loss Statement (P&L) or Profit and Loss Statement, provides valuable insight into a company's operations, operational efficiency, underperforming sectors, and performance relative to its peers.
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What is product positioning?
Answers
Answer:
Product positioning is the process of thinking and communicating about how you want your market to think and feel about your product. Successful product positioning requires your team to articulate.
Explanation:
if the mean is 32 and the median is 40 what would be value of mode
Answers
Answer:
Step-by-step po:
3 Median = Mode + 2 Mean
Given: Mean = 30 / Mode = 40
Now: 3 Median = Mode + 2 Mean
=> 3 Median = 40 + 2 (30)
=> 3 Median = 40 + 60
=> 3 Median = 100
=> Median = 100/3
=> Median = 33.3
Explanation:
a disadvantage of the corporate form of organization is group of answer choices A. professional management
B. tax treatment C. ease of transfer of ownership D. lack of mutual agency
Answers
The corporate form of organization is one of the most popular forms of business ownership. Corporations are considered separate legal entities from their owners, and they are allowed to own assets, enter into contracts, and incur liabilities. However, one disadvantage of the corporate form of organization is the lack of mutual agency.
Mutual agency is a legal concept that allows partners in a business to act on behalf of each other, and it is an essential component of partnership agreements. In corporations, however, the owners or shareholders do not have mutual agency. This means that they cannot act on behalf of the corporation, and the corporation cannot act on behalf of the shareholders. As a result, shareholders have limited control over the day-to-day operations of the business, and they have to rely on the decisions of the board of directors and professional management.
In conclusion, while the corporate form of organization has many advantages, including professional management, tax treatment, and ease of transfer of ownership, it also has the disadvantage of lacking mutual agency. This means that shareholders have limited control over the business and have to rely on the decisions of the board of directors and professional management. Therefore, it is essential for shareholders to carefully consider the pros and cons of the corporate form of organization before investing in a corporation.
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HELP QUICK PLEASE!!!!! William is not generally a risk-taker, but he knows he may need to step out of his comfort zone to make enough money for retirement. Which investment option would best meet William’s needs?
a US savings bond
a savings account
a commodity
a certificate of deposit
Answers
The internet makes it more difficult to participate in international trade.
TRUE OR FALSE
Answers
Answer:
TRUE
Explanation:
Because it's giving every player a chance.
Shannon Company segments its income statement into its North and South Divisions. The company’s overall sales, contribution margin ratio, and net operating income are $480,000, 36%, and $9,600, respectively. The North Division’s contribution margin and contribution margin ratio are $92,000 and 40%, respectively. The South Division’s segment margin is $32,500. The company has $62,400 of common fixed expenses that cannot be traced to either division. Required: Prepare an income statement for Shannon Company that uses the contribution format and is segmented by divisions. In addition, for the company as a whole and for each segment, show each item on the segmented income statements as a percent of sales. (Round your percentage answers to 1 decimal place (i.e. 0.1234 should be entered as 12.3
Answers
Answer:
Shannon Company
Segmented Income Statement
Total Company North South
Division Division
Total sales 480,000 100% 230,000 47.9% 250,000 52.1%
Variable costs 307,200 100% 138,000 44.9% 169,200 55.1%
Contribution margin 172,800 100% 92,000 53.2% 80,800 46.8%
Traceable fixed 100,800 100% 52,500 52.1% 48,300 47.9%
Segment income 72,000 100% 39,500 54.9% 32,500 45.1%
Common fixed 62,400 100%
Net income 9,600 100%
North's total sales = $92,000 / 40% = $230,000
South's total sales = $480,000 - $230,000 = $250,000
South's contribution margin = $172,800 - $92,000 = $80,800
Total segment income = common fixed + net income = $62,400 + $9,600 = $72,000
Demarco and Tanya have received information about three separate mortgage offers. In two or three paragraphs, describe your recommendation for the best financial choice in their situation.
Answers
Answer: first one
As for Mortgage Option 3, not only is the interest rate higher (4.0%), but the remaining balance that is not paid has to be paid off completely in 8 years. After the down payment, they would have a $1,605 monthly payment which includes the fixed interest rate of 4.25% as well. Due to the short payment time, a borrower has a risk of loosing their home and equity if the final payment is not able to be made. Mortgage Option 2 has the lowest interest rate (3.5%) but these rates could be adjusted annually. Even though the interest rate is the highest, they would be able to afford it. Not only are they able to make these payments, Tanya and Demarco would also have. approximately $3,395 left to spend from their monthly earnings too.
Explanation:
credit to mohammedalm2
Why is a higher interest rate important when saving money?
Answers
A higher interest rate is important when saving money because it allows for greater growth of your savings over time.
Interest rates are the percentage of the principal (or original amount of money) that is added to your savings each year. With a higher interest rate, the amount of money you earn in interest will be greater, allowing you to accumulate more savings over time. This is especially important for long-term savings goals, such as retirement or saving for a down payment on a house.
By choosing a savings account or investment option with a higher interest rate, you can maximize the growth of your savings and reach your financial goals more quickly.
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Is a business plan a one time fee?
Answers
Answer:
i think so :)
Explanation:
the aggregate demand curve illustrates the relationship between and the , holding constant all other factors that affect aggregate expenditure. group of answer choices the price level; quantity of consumption expenditure the inflation rate; quantity of planned aggregate expenditure the price level; quantity of planned investment expenditure the price level; quantity of planned aggregate expenditure
Answers
The aggregate demand curve illustrates the relationship between the price level and the quantity of planned aggregate expenditure, holding constant all other factors that affect aggregate expenditure.
The total amount of goods and services produced in the economy over time is represented by the aggregate demand curve. The relationship between the overall and the general level of price in the economy is depicted by the aggregate demand curve. The sum of consumption, investment, government spending, and net exports constitutes aggregate demand. Numerous factors, such as changes in income, taxes, expectations for future income, and shifts in wealth levels, can affect consumption.
The relationship between price level and real GDP demand is depicted by the aggregate demand curve, which holds all other factors constant. When the price level changes and the price change is independent of a change in a real GDP component, the AD curve will move.
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Given the inverse demand function P = 100-Q2 and supply function P = 15Q, visually and analytical find the equilibrium price P. and equilibrium quantity Q., respectively. Next, provide a visual and analytical definition of the consumers' and producers' surplus. Explain how the equilibrium price and quantity will be used to work out the producer's and consumers' surplus. Calculate the producers' and consumer's surplus.
Answers
Consumers' Surplus: It represents the difference between the price consumers are willing to pay for a good or service and the actual price they pay in the market. It measures the benefit or surplus that consumers receive from purchasing the good at a lower price.
Producers' Surplus: It represents the difference between the price at which producers are willing to sell a good or service and the actual price they receive in the market. It measures the benefit or surplus that producers receive from selling the good at a higher price.
Graphically, consumers' surplus is the area below the demand curve and above the equilibrium price line. Producers' surplus is the area above the supply curve and below the equilibrium price line.
To calculate the consumers' surplus, we need to find the area between the demand curve and the equilibrium price line. In this case, the demand curve is and the equilibrium price is P = 75.
Consumers' Surplus = \((1/2) * (Qd - Qe) * (Pd - Pe)\)
Consumers' Surplus = (\(1/2) * (5 - 0) * (100 - 75\))
Consumers' Surplus = \((1/2) * 5 * 25\)
Consumers' Surplus = 62.5
To calculate the producers' surplus, we need to find the area between the supply curve and the equilibrium price line. In this case, the supply curve is P = 15Q and the equilibrium price is P = 75.
Producers' Surplus = \((1/2) * (Qe - Qs) * (Pe - Ps)\)
Producers' Surplus = \((1/2) * (5 - 0) * (75 - 0)\)
Producers' Surplus = \(1/2) * 5 * 75\)
Producers' Surplus = 187.5
Therefore, the consumers' surplus is 62.5 and the producers' surplus is 187.5.
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