The credit rating to be assigned to Gary, based on his relatively low debt, is AA.
Credit rating to Greg would be BBB.
Credit rating to Bob would be CCC.
How to give credit ratings?Credit ratings are letter grades that are given to a person depending on how likely they are to pay back the loans that they take. There are three primary credit ratings agencies which are Standard and Poore, Moody's and Fitch.
Going by Standard and Poore, Gary would have a credit rating of AA which is the second highest because he has great credit, a stable job, and relatively low debt.
Greg on the other hand, has more debt, is regularly late in paying some of his debt, and has hit his maximum limit on some cards. However, he has good credit so his rating would be BBB which is the lowest of the good grades.
Bob has a poor credit score, a lot of debt, and unstable working jobs. He is therefore more likely to default but is still paying his debt and has not defaulted on any, so would get a CCC rating.
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What is wrong with this sentence? The report applies to western Europe, where people are interested in these exports.
The issue with the sentence is that : The sentence is grammatically correct, but it is unclear what "these exports" refer to
What is wrong with this sentence?The sentence is grammatically correct, but it is unclear what "these exports" refer to. To improve clarity, the sentence should be revised to provide more context or specificity about the exports in question.
For example: "The report applies to western Europe, where people are interested in buying cars from Japanese manufacturers."
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For this discussion, you should put yourself in the role of a moderator as you:
Unions are organizations that represent workers in a particular industry or profession. Their primary goal is to protect the rights and interests of workers by negotiating better wages, benefits, and working conditions.
What are the policies of the Union?Unions are organizations formed by workers to protect their interests and rights in the workplace. They advocate for collective bargaining, fair wages and benefits, workplace safety, non-discrimination, job security, training and education, and political advocacy.
What are the labor laws?Labor laws are laws that govern the relationship between employers and employees in the workplace. Examples include minimum wage laws, overtime laws, anti-discrimination laws, health and safety laws, leave laws, unionization laws, and employment contract laws. These laws govern the rights of employees to form and join unions and establish the legal requirements for collective bargaining.
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What are unions? What are their roles and policies?
What are the signs and symptoms of mumps?
Answer:
The primary sign of mumps is swollen salivary glands that cause the cheeks to puff out. Other signs and symptoms may include:
Pain in the swollen salivary glands on one or both sides of your face
Pain while chewing or swallowing
Fever
Headache
Muscle aches
Weakness and fatigue
Loss of appetite
As the level of inventory increases to provide better customer service both inventory costs and quality-related customer service costs increase.
a) true
b) false
Answer:
A. True
Explanation:
level of inventory is very essential as far as customer service is concerned, inventory are amount of goods that is stocked for some purposes, this could be to sell, to distribute.
It should be noted that As the level of inventory increases to provide better customer service both inventory costs and quality-related customer service costs increase.
Why is it important for legal service workers to be fair and ethical?
(the blue highlighted one)
Why Does Marketing Matter?
Answer:
Marketing matters because it educates, builds awareness and establishes initial connections.
Explanation:
At Oldies but Goodies, a store that buys and sells vintage record albums, there is only one general partner, Alexa. She spends all her time running the business and makes all the decisions. Alexa's mother and brother put up money for her to buy the store, but they work full time at other jobs and have no management say in the running of Oldies but Goodies; they, however, share in some of the profits. This is an example of a
Answer: limited partnership
Explanation:
A limited partnership is a form of partnership whereby there are two partners which are the general partner and the limited partner.
In this scenario, the general partner who is Alexa in this case, own and operate the business, and makes all the decisions while the limited partners
who are Alexi's mother and brothers invest in the business but won't make any decisions. Also, the general partner will have an unlimited liability.
Presented below is information related to Novak Manufacturing Corporation.
Asset Cost Estimated Salvage Estimated Life (in years)
A $46,575 $6,325 10
B 38,640 5,520 9
C 41,400 4,140 9
D 21,850 1,725 7
E 27,025 2,875 6
Required:
a. Compute the rate of depreciation per year to be applied to the plant assets under the composite method.
b. Prepare the adjusting entry necessary at the end of the year to record depreciation for the year.
c. Prepare the entry to record the sale of asset D for cash of $5,520. It was used for 6 years, and depreciation was entered under the composite method.
Answer:
A. Assets Original Salvage Depreciable Depreciable SL Depreciation
Cost Value value Life Per Year
A $46,575 6,325 40,250 10 $4,025
B $38,640 5,520 33,120 9 $3,680
C $41,400 4,140 37,260 9 $4,140
D $21,850 1,725 20,125 7 $2,875
E $27,025 2,875 24,150 6 $4,025
Total $175,490 20,585 154,905 $18,745
Composite rate of Depreciation = Total Depreciation per year/Total Original Cost
Composite rate of Depreciation = 18745/175490
Composite rate of Depreciation = 0.106815
Composite rate of Depreciation = 10.68%
B. Adjusting entry Debit Credit
Depreciation Expense-Plant Asset $18,745
Accumulated Depreciation-Plant Asset $18,745
c. Journal Entry Debit Credit
Cash $5,520
Accumulated Depreciation-Plant Assets $16,330
Asset D $21,850
(Record Sale of asset D)
What is one way investment consultants protect their clients’ money during periodic performance reviews?
Answer:
Investment consultants check that the portfolio manager's performance was based on skill investing in the agreed-upon stocks or sectors
Explanation:
because it is
In a bid to ensure that money is adequately channeled and client's finances are safe, investment consultant analyses the stocks and portfolio's in other to ensure they are based on the advise offered and agreed upon.
The investment consultant offers expert advise on profitable stocks and portfolio's which could be invested in. The portfolio manager handles and monitors client's investment and finances. Hence, the investment consultant and portfolio manager work hand in hand in other to ensure that the right stock is chosen and invested in.Therefore, investment consultant ensures that portfolio managers do not deviate from the agreement made.
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You overhear your coworker say that only the balance sheet and income statement are needed to evaluate a firm's financial health. Do you agree with this assessment? Why, or why no
Answer:
I do not agree.
Explanation:
The financial health of a company involves more elements than the balance sheet and the statement of results.
For the success or failure of a company to be truly evaluated, it is necessary that in addition to the factors shown above, it is necessary to analyze: the company's profitability in relation to its fixed and variable costs, the level of indebtedness, the balance point between demand and supply and gross and net profit.
Your friend is trying to establish good credit. Your friend is thinking about taking out a $15,000 auto loan to establish some credit on his credit report. Do you think this is a good idea for your friend to do this? Do you have an alternate suggestion? Why?
Answer:
I think this is a good idea if my friend has the income (job) to repay the loan and not miss a payment, and doing that will help build credit.
If my friend takes out the loan and knows it will not be repaid back on time and misses deadlines, it would be a bad idea to take the loan in the first place.
Another suggestion would be paying for groceries, gas, etc., and repay back if you have an income and build great credit that way.
Also, you can have a parent/guardian add you to their credit account, so let's say my friend's mother adds my friend to her account, and when the mother makes her payments, it will help my friend build credit.
I want to know about starting my own business or franchise can you help me get started thsnk you. Dennisomalley
A franchise business can be started with purchasing a franchise rights, these rights are usually sold by chain businesses however there are some small businesses who also provide franchise.
What is a Franchise?A franchise is a legal right to run the operations of a business under the same name, however there are some factors that needs to be maintained these factors are mentioned in the agreement and must be met by the franchisee at all times.
In return for the franchise there is a lump sum payment which entitles the acquirer/ franchisee for the use of legal name of that business, also these rights are for a certain number of years.
For the duration of the franchise agreement the franchise owner is responsible for all the advertisement expenditure.
When starting a new business it is recommended that a franchise is acquired if they have no past experience of the business.
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Mark Adler earned $1,963.71 salary per month as an assistant technician at a recording studio. His new job pays $9.80 per hour with time and a half for all hours over 40 hours per week. How many hours of overtime per week will he have to work to earn the same amount per week at his current job?
Mark Adler will have to work 133.59 hours of overtime per week to earn the same amount at his current job.
Word problems in algebra?Word problems in algebra involve the use of mathematical models and variables to solve them. We use a careful and effective method to interpret the variables.
In Mark Adler's current job, it was noted that he earns $1963.71 per monthHowever, his new job pays him $9.80 per hour and a half for all hours over 40 hours per week.
It implies that if he works for over 40 hours per week, he gets paid at the rate of:
\(\mathbf{= 9.80 + \dfrac{9.80}{2}= \$14.7/h}\)
For 40 hours, he will make 40 hr × $14.7 / hr = $588
Therefore, to make the same amount per week at his current job, he has to work for:
\(\mathbf{= \dfrac{\$1963.71}{\$14.7}}\)
= $133.59 hours
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Mr. D is the manager of a local walgreens. His biggest concern is to make sure that his store is always making the most profit possible. He cuts costs by focusing on certain logistical decisions. Every other day walgreens receives shipments from pepsi, evian, hershey, and numerous other manufacturers. Walgreens insists on small shipments every two days, which helps to keep their inventory costs low. What system is mr. D using at walgreens to reduce his costs?.
The system is mr. D using at walgreens to reduce his costs is just in time inventory.
What is just in time inventory?JIT, or just-in-time inventory management, involves only ordering products from vendors when they are actually needed. This approach's primary goals are to lower the cost of keeping inventory and boost inventory turnover.With a just-in-time (JIT) inventory system, a business receives products as close as feasible to the moment they are actually required. As a result, if an auto assembly facility wants to install airbags, it doesn't maintain a supply on hand; instead, it gets them as the cars are put together.In conclusion. When used properly, JIT inventory can be a terrific method to reduce costs and boost productivity.
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BREIFLY EXPAIN THE WEEKNESSES OF RSA INDUSTRAIL DEVELOPMENT ZONES
Answer:
Disadvantages
Revenue losses because of the various tax exemptions and incentives.
Many traders are interested in SEZ, so that they can acquire at cheap rates and create a land bank for themselves.
The number of units applying for settimg up EOU's is not commensurate to the number of applications for setting up SEZ's leading to a belief that this project may not match up to the expextions.
Hope it helps you.channel assembly, which sends components and modules to be assembled by a distributor, treats these distributors as manufacturing partners.
The business has created a mechanism to track these partners' performance and has given them thorough instructions and product assembly training.
Outsourced ManufacturingFor multi-channel assembly, the employment of distributors as manufacturing partners has grown in popularity. Distributors have the ability to take parts and modules off the main production line and put them together in accordance with the necessary standards.As a result, components can be assembled more quickly, in smaller quantities, and at a lower cost. Distributors can also offer more flexible delivery dates, which enables them to respond to consumer needs more quickly.Additionally, they can offer extra services like quality assurance, packaging, and warehousing, which can lower costs and boost productivity.When distributors are used in multi-channel assembly, the production line and the distributor may communicate and work together more effectively, resulting in a quicker and more productive assembly process.To learn more about Outsourced Manufacturing refer to:
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Which situation would increase the scarcity of a product?
A. Demand for the product falls, and fewer customers buy it.
B. One of only two factories that made the product shuts down.
C. A new production method lowers the cost of making the product.
D. A foreign country begins exporting the product in high volume.
Answer:
B. one of only 2 factories that made the product shuts down.
What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
SNC has its own, modest internet-based business. However, the company has been approached by Golden Years Nutraceuticals, a much larger online distributor of third-party brands with connections to a national healthcare website endorsed by a leading senior advocacy association. Therefore, Golden Years reaches a large-and increasing-consumer base of older Americans. This opportunity would generate an additional 10% increase in sales in 2016, followed by increases of 5% in 2017 and 3% in 2018. Increasing the percentage of SNC's business that is conducted online would decrease DSO, because internet sales are collected very quickly. Accounts receivable would decrease by 7 days in the first year and by an additional 3 days in 2017, for a total improvement of 10 days. In 2018, the DSO would decline by another 2 days-in effect, 12 days lower than at the start of 2016. Going forward, the DSO would stay at this lower level and SNC's profit margin would remain unchanged. What would you like to do about this opportunity?
Accept or Decline
2016 2017 2018 Post 2018
Incremental Summary Income Statement ($ in thousands)
Change in Sales $1,600 $2,480 $3,034 $3,034
Change in Cost of Sales $1,492 $2,313 $2,830 $2,830
Change in EBIT $108 $167 $204 $204
Incremental Balance Sheet ($ in thousands)
Change in Accounts Receivable $145 $241 $289 $289
Change in Inventories $368 $570 $698 $698
Change in Accounts Payable $162 $251 $307 $307
Please find question attached
Answer and Explanation:
Find full answer and explanation attached
Paul’s grocery received 1,000 pounds of onion at $0.11 per pound. On the average, 3% of the onions will spoil before selling. Find the selling price per pound to obtain a makeup rate of 180% based on cost.
The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.
What is the selling price per pound for onions?Total Cost = Quantity * Cost per pound
Total Cost = 1,000 pounds * $0.11/pound
Total Cost = $110
Spoilage Quantity = 3% of Quantity
Spoilage Quantity = 3% of 1,000 pounds
Spoilage Quantity = 0.03 * 1,000 pounds
Spoilage Quantity = 30 pounds
Effective Quantity = Quantity - Spoilage Quantity
Effective Quantity = 1,000 pounds - 30 pounds
Effective Quantity = 970 pounds
Makeup Rate = 180%
Selling Price per pound:
= (Total Cost * Makeup Rate) / Effective Quantity
= ($110 * 1.80) / 970 pounds
= $2.03505/pound.
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Projected free cash flows should be discounted at the firm's weighted average cost of capital to find the value of its operations. True False
Answer:
True
Explanation:
Projected free cash flows should be discounted at the firm's weighted average cost of capital to find the value of its operations.
Free Cash flow is refereed to all cash available for distributions after all obligations are taken into account.
So free cash flow from the planning period and representative period should be discounted back using firm's weighted average cost of capital to find the value of its operations.
Critique the case: How did Karin originally approach the project? Comment specifically about Karin’s project management skills and approach? 2. While assessing the case, draw a project organigram, identifying the role-players/ stakeholders and whether they were all in original agreement of the project?
The project organigram should identify the role-players and stakeholders involved in the project and determine if they were all in original agreement.
Who are the role-players and stakeholders involved in the project?The project organigram outlines the key individuals and entities involved in the project including project managers, team members, clients, executives and any other relevant stakeholders.
It also highlights their roles, responsibilities, and relationships within the project structure. Assessing whether they were all in original agreement requires examining the project's initiation phase and the documented agreements such as contracts, memorandums of understanding or project charters.
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What is labour mobility
Answer:
Labour mobility is the ability and willingness of people to shift from one job to another or from one location to another in order to work.
hope this helps!
Each marketing tactic does not need a timeline or budget.
Responses true or false
Answer:
false. answer need to be 20 characters long so ths is just to fill in space.
Explanation:
.
False,
Explanation:
Referring to the concept of management, where there has to be
PlanningOrganizingActionControl and evaluationIt means each marketing tactic needs a timeline for planning them until evaluation. Each marketing action also needs a budget; even a tiny social media campaign requires a budget.
I hope it helps!
use a well labelled group to explain why the introduction of maximum prices in the petrol industry will not be an ideal decision for the country's economy??
Implementing maximum prices in the petrol industry may not be an ideal decision for the country's economy.
Consumer Group:
Implementing maximum prices may initially benefit consumers as it could lead to lower fuel costs. However, it can have negative consequences in the long run. With lower prices, there may be increased demand for petrol, leading to shortages and long queues at gas stations. Additionally, if prices are kept artificially low, it can discourage investment in the industry, hampering exploration, production, and infrastructure development. This could result in limited supply and dependence on imports, potentially leading to fuel shortages and price fluctuations.Business Group:
For businesses in the petrol industry, maximum prices can restrict their ability to cover costs and maintain profitability. Fuel companies have various expenses such as exploration, refining, distribution, and employee wages. If prices are capped, it can lead to reduced profit margins, making it challenging for companies to invest in new technologies, research, and development, which are crucial for improving fuel efficiency and reducing environmental impacts.Government Group:
From a government perspective, implementing maximum prices can have adverse effects on tax revenues. Taxes on fuel sales contribute significantly to government revenue. If prices are capped, tax income will decrease, impacting the government's ability to fund public services and infrastructure projects. It can also limit the government's ability to incentivize renewable energy sources and reduce environmental pollution.Considering these factors, the introduction of maximum prices in the petrol industry may have unintended consequences such as supply shortages, reduced investment, profitability challenges for businesses, and decreased tax revenue for the government. It is crucial to strike a balance between consumer affordability, industry sustainability, and government revenue to ensure a stable and efficient petrol market.
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HELP PLEASE! 50 POINTS
1. being driven and dependable will never truly help us find success as a student or employee.
True
False
2. being part of extra curricular activities and clubs isn’t really important, we are already so busy that it would just stress us out
True
False
3. Lifelong learners understand that learning is a lifestyle not a destination
True
False
4. teachers, parents, school groups, quality peers and mentors are just a few resources we can lean on in life
True
False
Name two ways that direct deposit provides convenience.
operating principles of enterprises in a market economy
The operating principles of enterprises in a market economy include:
Profit MaximizationCompetitionWhat are the operating principles of enterprises in a market economy?Enterprises in a market economy are primarily driven by the goal of maximizing profits. Profitability is considered a key measure of success, and businesses strive to optimize their revenues while minimizing costs.
Competition is a fundamental characteristic of a market economy. Enterprises operate in an environment where multiple players compete for market share, customers, and resources. This principle fosters efficiency and incentivizes businesses to continuously improve their products, services, and operations to gain a competitive edge.
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QUESTION 4 of 10: Venture capitalists often seek a return of 10 times their investment in 7 years. Approximately what is this compound
annual rate of return?
ОООО
a) 39%
b) 43%
c) 57%
d) 65%
Submit
C2021 Knowledge Matters, Inc.
Due Date: Mar 17, 2021 at 7:00 pm EUT
Answer:
A
Explanation:
The compound rate of the return annually will be 39%. Then the correct option is A.
What is compound interest?A loan or deposit's interest is computed using the starting principle and the interest payments from the ago decade as compound interest.
We know that the compound interest is given as
A = P(1 + r)ⁿ
Where A is the amount, P is the initial amount, r is the rate of interest, and n is the number of years.
Venture capitalists often seek a return of 10 times their investment in 7 years. Then the equation is given as,
10 = (1 + r)⁷
Simplify the equation, then we have
10 = (1 + r)⁷
log 10 = 7 log(1 + r)
log (1 + r) = 1 / 7
1 + r = 1.3895
r ≈ 0.39
r = 39%
The compound rate of the return annually will be 39%. Then the correct option is A.
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a US company owns 80% of interest in a company located on Mars. Martian currency is called The Martian credit during the year the parent company sold inventory that had a cost of 24500 to the subsidiary on account for 28,500 when the exchange was 0.519 to the subsidiary still held one half of the inventory and had not paid the parent company for purchase at the end of the physical year. The unsettled account is denominated in dollars the exchange rate at the fiscal year and was 0.4994 compute the amounts that would be reported for inventory and accounts payable in the subsidiary translated balance sheet the entities functional currency is the Martian credit
The amounts reported for inventory and accounts payable on the subsidiary translated balance sheet are 18,619 Martian credits and 14,217 Martian credits, respectively.
A US-based company that has an 80% stake in a Martian company has to report the assets, liabilities, and equity of its subsidiary on its consolidated financial statements in US dollars. The Martian currency is known as the Martian credit. During the year, the parent company sold inventory with a cost of 24500 to the subsidiary on account for 28,500 when the exchange rate was 0.519 to the subsidiary.
One-half of the inventory still belongs to the subsidiary, and at the end of the physical year, the subsidiary had not paid for the purchase.The account that remained unpaid is denominated in dollars, and the exchange rate was 0.4994 at the end of the fiscal year.
The functional currency of the company is Martian credit, and the dollar amount of the balance sheet needs to be translated into the Martian currency. In order to calculate the inventory and accounts payable, we will use the current rate method. The first step in the calculation is to find the closing rate of the Martian credit to the US dollar.Exchange rate at the fiscal year-end: $1 = 0.4994
Martian creditThe amount reported for inventory on the subsidiary translated balance sheet can be calculated as follows:
Beginning inventory: 12,250 (since the subsidiary still holds one half of the inventory)
Cost of inventory sold to the subsidiary: 24,500
Closing rate of the Martian credit to the US dollar: 0.4994
Martian credit reported inventory = (12,250 + 24,500) × 0.4994 = 18,619
Martian credits The amount reported for accounts payable on the subsidiary translated balance sheet can be calculated as follows:
Beginning accounts payable: 0Amount owed to parent company: 28,500
Closing rate of the Martian credit to the US dollar: 0.4994
Martian credit reported accounts payable = (0 + 28,500) × 0.4994 = 14,217 Martian credits
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