Answers
The claim is untrue. The federal government could quickly eliminate budget deficits by raising taxes on millionaires, according to facts supplied in the textbook. The claim is false as a result.
What are taxes?Taxes are compulsory payments made by a government organization, whether local, regional, or federal, to people or businesses. Tax revenues are used to fund a variety of government initiatives, such as Social Security and Medicare as well as public infrastructure and services like roads and schools.
Taxes are borne by whoever bears the cost of the tax in economics, whether this is the institution being taxed, such as a business, or the final users of the items produced by the business.
Hence, the statement is false.
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Related Questions
2. Adama Garment which is operating in Adama currently has opened four new stores in Ethiopia. Data on monthly sales volume and labor hours are given below for each town. Which store location has the highest labor productivity?
Store
Bale-robe
Hawassa
Nekemt
Dahirdar
Sales volume
12000birr
60000birr
40000birr
25000birr
Labor hours
60
500
250
200
3. Adama Garment accountant (from Problem 2) suggests that monthly rent and hourly wage rate also be factored into the productivity calculations.
Hawassa pays the highest average wage at birr 6.75 an hour. Bale-Robe pays birr
6.50 an hour, Nekemte birr 6, and Bahirdar birr 5.50. The cost to rent store space
is birr 2000 a month in Hawassa, birr 800 a month in Nekemte, birr 1200 a month
in Bale-Robe, and birr 1500 a month in Bahirdar.
Which store is most productive?
Adama garment general manager is not sure it can keep all four stores open. Based on multifactor productivity, which store would you close? What other factors should be considered?
Answers
Adama Garment's Bale-robe store has the highest labor productivity. It generates 200 birr per labor hour, followed by Hawassa (40 birr/hour), Nekemt (16 birr/hour), and Dahirdar (12.5 birr/hour).
How to solveTo calculate labor productivity, we divide the monthly sales volume by the labor hours. Bale-robe has the highest labor productivity because it generates the most sales per labor hour.
Here is the table showing the labor productivity of each store:
Store Sales volume (birr) Labor hours Labor productivity (birr/hour)
Bale-robe 12,000 60 200
Hawassa 60,000 500 40
Nekemt 40,000 250 16
Dahirdar 25,000 200 12.5
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What’s a property owned by a business?
Answers
Answer:
Personal property is property owned by an individual or business that is transportable and not fastened to or related with the land. Personal property is everything that isn't actual property (land and buildings).
Explanation:
Answer:
item of value to company
Explanation:
Hakara Company has been using direct labor costs as the basis for assigning overhead to its many products. Under this allocation system product A has been assigned overhead of $2.82 per unit while product B has been assigned $13.58 per unit. Management feels that an ABC system will provide a more accurate allocation of the overhead costs and has collected the following cost pool and cost driver information:
Cost Pools Activity Costs Cost Driver Driver Consumption
Machine setup $ 158,000 Setup hours 2,000
Materials handling 112,000 Pounds of materials 16,000
Electric power 25,000 Kilowatt-hours 25,000
The following cost information pertains to the production of A and B, just two of its many products:
A B
Number of units produced 5,000 10,000
Direct materials cost $32,000 $41,000
Direct labor cost $41,000 $38,000
Number of setup hours 100 200
Pounds of materials used 1,000 1,000
Kilowatt-hours 2,000 4,000
Use activity-based costing to determine a unit cost for each product. (Round your final answers to 2 decimal places.)
Answers
Answer:
Unitary cost A : $17.98
Unitary cost B : $10.58
Explanation:
First, we need to calculate the predetermined overhead rate for each activity.
The predetermined manufacturing overhead rate = Total estimated overhead costs for the period / Total amount of allocation base
Machine setup
= 158,000/2,000
= $79 per setup hour
Materials handling
= 112,000/16,00
= $7 per pound
Electric power
= 25,000/25,000
= $1 per kilowatt.
Now, we can allocate overhead to each product
Allocated MOH = Estimated manufacturing overhead rate × Actual amount of allocation base
Product A
Machine setup
= $79 × 100
= $7,900
Materials handling
= $7 × 1,000
= $7,000
Electric power
= $1 × 2,000
= $2,000
Total = $16,900
Product B
Machine setup
= $79 × 200
= $15,800
Materials handling
= $7 × 1,000
= $7,000
Electric power
= $1 × 4,000
= $4,000
Total = $26,800
Finally, the total cost and the unitary cost
Product A.
Total cost
= Direct materials + Direct labor + Allocated MOH
= $32,000 + $41,000 + $16,900
= $89,900
Unitary cost
= Total cost/Number of units produced.
= $89,900/5,000
= $17.98
Product B
Total cost
= Direct materials + Direct labor + Total allocated MOH
= $41,000 + $38,000 + $26,800
= $105,800
Unitary cost
= Total cost/Number of units produced
= $105,800/10,000
= $10.58
Suppose that the change in a product's price is 10%, and this causes an 8% change in quantity demanded. The product's demand elasticity is
Answers
The concept of demand elasticity is crucial for understanding the relationship between changes in price and changes in quantity demanded of a product.
In this scenario, we are given that the change in the price of a product is 10%, and this leads to an 8% change in the quantity demanded. We can use this information to calculate the product's demand elasticity.
Demand elasticity is the measure of the responsiveness of the quantity demanded of a product to changes in its price. It is calculated as the percentage change in quantity demanded divided by the percentage change in price. Therefore, in this scenario, the demand elasticity can be calculated as:
Demand elasticity = (% change in quantity demanded) / (% change in price)
Demand elasticity = (8% / 10%)
Demand elasticity = 0.8
The demand elasticity in this scenario is 0.8, which means that the product's demand is relatively inelastic. Inelastic demand means that changes in price have a relatively small impact on the quantity demanded of the product. This is because the percentage change in quantity demanded is less than the percentage change in price.
Overall, understanding the concept of demand elasticity is essential for businesses to make informed decisions about pricing strategies. In this scenario, the product's relatively inelastic demand suggests that changes in price may not have a significant impact on the quantity demanded, and businesses may need to consider other factors when deciding on pricing strategies.
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50 points! Please help!
Which type of flowchart scheduling technique has a fixed duration of production activities? In which type of flowchart are they probabilistic?
The ____ type of flow chart has a fixed duration for production activities. The ___ type has a probabilistic duration for production activities.
1. A. IPM, B. CPM or C. FDA
2. A. PACT, B. KENT, or C. PERT)
Answers
2. PACT
From what I remember
A steam generation system at a biomassfueled power plant uses an electrostatic precipitator (ESP) to clean its gaseous effluents. The power plant has consistently made use of the same type of ESP over the past several years. The installed cost of a new ESP has been relatively constant at $80,000. Records of operation and maintenance expenses indicate the following average expenses per year as a function of the age of the ESP. The MVs of the ESP are also reasonably well known as a function of age. Determine the best time to replace the ESP if the MARR
is 15% per year
Answers
A steam generation system at a biomass-fueled power plant uses an electrostatic precipitator (ESP) to clean its gaseous effluents. the best time to replace the ESP is mathematically given as
EUAC3= 46377.48
What is the best time to replace the ESP if the MARR is 15% per year?Generally, the equation for the EUAC for the yrs of operation is mathematically given as
For Year 1
EUAC1 = 85000 * (A/P,9%,1) + 25000 - 63000 * (A/F,9%,1)
EUAC1 = 54650
Solving till year 5
EUAC2= 46525.60
EUAC3= 46377.48
EUAC4= 48730.91
EUAC5= 50730.79
In conclusion, the best time to replace the ESP if the MARR is 15% per year will be at the EUAC3= 46377.48 since EUAC is the lowest at that year.
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Exam Lesson Name: Retail Industry Fundamentals Credential Exam
Exam number: 000000RR
Exam Guidelines
Exam Instructions
Question 16 of 16:
Select the best answer for the question
16. When distribution team members use replenishment reports to retrieve quantities of items to be sent to stores they
OA. Mixing
B. Sending
OC. Picking
OD. Packing
Answers
In 2000, Michael purchased land for $100,000. Over the years, economic conditions deteriorated, and the value of the land declined to $60,000. Michael sells the property in this year, when it is subject to a $30,000 nonrecourse mortgage. The buyer pays Michael $34,000 cash and takes the property subject to the mortgage. Michael incurs $5,000 in real estate commissions. Michael's gain or loss on the sale is:_______
a. $4,000 gain.
b. $1,000 loss.
c. $36,000 loss.
d. $41,000 loss.
Answers
Answer:
D) $41,000 loss.
Explanation:
Assume yourself as a Marketing Specialist of a Company and Determine the New Product Development Process by manufacturing a New Product for your company.
Answers
Explanation:
Assuming my company produces body care products and decides to introduce a new product–a toothbrush, the development process would involve:
1. Idea Generation:
It smbegins with an idea or imagination of what the ideal toothbrush would be, what problem would it solve for consumers. The idea could be random or it could be as a result of an identified need.
2. Idea Evaluation:
Remember, it is one thing to have an idea but another to have an idea that would work. Therefore, quality time would be taken to separate workable ideas about the ideal toothbrush from bad ones. This idea evaluation process is a very useful stage in the product development process.
3. Concept Development and Testing:
Remember, testing the concept about the new toothbrush allows for an expanded idea. The prototype of the toothbrush would be tested with consumers to find out whether the idea is worth the effort. Their feedback would be noted to improve the product further.
4. Marketing strategy
5. Final Product development
In a memo to the college president, the athletic director argues for a new stadium scoreboard. One paragraph will describe the old scoreboard and why it needs to be replaced. Study the following list of ideas for that paragraph. 1. The old scoreboard is a tired warhorse that was originally constructed in the 1970s. 2. It is now hard to find replacement parts when something breaks. 3. The old scoreboard is not energy efficient. 4. Coca-Cola has offered to buy a new sports scoreboard in return for exclusive rights to sell soda pop on campus. 5. The old scoreboard should be replaced for many reasons. 6. It shows only scores for football games. 7. When we have soccer games or track meets, we are without any functioning scoreboard. 1. Which sentence should be the topic sentence? 2. Which sentence(s) should be developed in a separate paragraph? 3. Which sentences should become support sentences?
Answers
Answer:
Memo to the College President
New Stadium Scoreboard:
1. Topic Sentence:
5. The old scoreboard should be replaced for many reasons.
2. Sentence(s) for separate paragraph:
4. Coca-Cola has offered to buy a new sports scoreboard in return for exclusive rights to sell soda pop on campus.
3. Support Sentences:
1. The old scoreboard is a tired warhorse that was originally constructed in the 1970s.
2. It is now hard to find replacement parts when something breaks.
3. The old scoreboard is not energy efficient.
6. It shows only scores for football games.
7. When we have soccer games or track meets, we are without any functioning scoreboard.
Explanation:
1. Topic Sentence:
This is the theme or main topic of a paragraph that summarizes the information in the paragraph. It may be the first sentence or inserted elsewhere in the paragraph. But, all other sentences within the paragraph support it with points, reasons, or examples.
2. Support Sentences:
These are sentences that support the topic sentence by offering justifications and examples.
3. Separate Paragraph Sentence:
This is a sentence that introduces another idea which is not closely related to the idea contained in the other paragraph.
explain the peripheral functions of management
Answers
Answer:
Explanation:
The peripheral functions of management refer to the additional activities that support the primary functions of planning, organizing, leading, and controlling. These peripheral functions include activities such as communication, decision-making, problem-solving, and coordination. They play a crucial role in ensuring effective management by facilitating information flow, resolving issues, making informed choices, and promoting collaboration among team members. While not the core functions, these peripheral activities are essential for the overall success and efficiency of an organization.
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Alexander Rees is concerned about appearing knowledgeable in exporting. What are
some of the factors he mentions in the project letter?
A-Finding good coffee
B-Developing a reliable source for twizzle sticks
C-Travel costs
D-Cultural Differences and exchange rates
Answers
Alexander Rees is concerned about appearing knowledgeable in exporting. The some of the factors he mentions in the project letter are
Travel costs
Cultural Differences and exchange rates
Thus option (C) and (D) are correct.
What is a cost?The cost is the expenditure or spending required or incurred to create and sell products and services, or to acquire assets.
When a product is sold or consumed, a cost is charged to expense. In the case of a buying of an asset, the charge to expense could be significantly deferred. The cost concept underlies the transition of assets from the balance sheet to expenses in the income statement.
Alexander Rees is concerned about appearing knowledgeable in exporting. Travel costs and Cultural Differences and exchange are some of the factors he mentions in the project letter.
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What reasons might an 18-year-old have for his/her thin file?
Answers
Identify each action by the Fed as expanding the money supply, shrinking it, or neither. expands the money supply shrinks the money supply neither expands nor shrinks Drag each item above to its matching item below. Note that every item may not have a match, while some items may have more than one match. The Fed lends money to struggling banks. Press Space to open The Fed regulates banks to ensure stability. Press Space to open The Fed buys mortgage-backed securities. Press Space to open The Fed sells Treasury bonds to investors.
Answers
Based on macroeconomic analysis, it is believed that by matching the items in the question with their effect, we have the Fed lends money to struggling banks. -- expanding the money supply;
This is because when the Fed lends money to struggling banks, there is more money available for people to borrow or assess in the economy.The Fed regulates banks to ensure stability. -- expanding the money supply, or shrinking it;
When the Fed regulates banks to ensure stability, they may either be pumping money into the economy to solve deflation or take money from the economy to solve inflation.The Fed buys mortgage-backed securities. -- expanding the money supply;
When the Fed buys mortgage-backed securities, owners of these mortgages get more money, thereby pumping money into the economy.The Fed sells Treasury bonds to investors -- shrinking it;
When the Fed sells Treasury bonds to investors, they take money from investors, thereby taking away money from the economy.Hence, in this case, it is concluded that there are various means by which the federal government can expand or shrink the money supply in the economy.
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Squirrel tree services reports the following amounts on december 31, 2021.Assets Liabilities and Stockholders’ EquityCash $9,500 Accounts payable $15,100Supplies 3,600 Salaries payable 5,300Prepaid insurance 5,300 Notes payable 38,000Building 90,000 Common stock 40,000 Retained earnings 10,000In addition, the company reported the following cash flows.Cash Inflows Cash OutflowsCustomers $96,000 Employee salaries $40,000Borrow from the bank (note) 38,000 Supplies 22,000Sale of investments 35,800 Dividends 15,500 Purchase building 98,000Required:
1. Prepare a balance sheet.
2. Prepare a statement of cash flows.
Answers
Answer and Explanation:
1. The preparation of the balance sheet is presented below:
Squirrel tree services
Balance sheet
For the year ended December, 31, 2021
Liabilities Amount Assets Amount
and stockholder equity
Liabilities
Account payable $15,100 Cash $9,500
Salaries payable $5,300 Supplies $3,600
Note payable $38,000 Prepaid insurance $5,300
Total liabilities $58,400 Building $90,000
Equity
Common stock $40,000
Retained earnings $10,000
Total equity $50,000
Total liabilities & equity $108,400 Total assets $108,400
2. The preparation of the cash flow statement is presented below:
Squirrel tree services
Cash flow statement
For the year ended December, 31, 2021
Particulars Amount ($) Amount ($)
Cash flow from operating activities-
Cash inflows customers 96,000
Cash outflows salaries (40,000)
Cash outflows supplies (22,000)
Net Cash flow from operating activities (A) 34,000
Cash flow from investing activities-
Sale of investments 35,800
Purchase of building (98,000)
Net Cash flow from investing activities (B) (62,200)
Cash flow from financing activities
Borrowed from bank 38,000
Dividends (15,500)
Net Cash flow from financing activities (C) 22,500
Net increase in cash (A+B+C) (5,700)
Add: Cash at beginning of year 15,200
Cash at end of year 9,500
True or false if false please correct it
1- Cost Focus is a tool to scan external environments. (t/f)
2- Quality Standards application is a tool to continuous improvements.(t/f)
3- Cost focus is a way to differentiation.(t/f)
4- Strategic performance means strategic implementation.(t/f)
5- Strategy formulation means building strategic standards.(t/f)
6- Strategic plan should answer three questions?(t/f)
7- Divisional structure is to divide the company into functions.(t/f)
8- Lack of resources is one of the changes blocks.(t/f)
9- Organizational life cycle describes the organizational innovation.(t/f)
10- Matrix structure is a traditional method to build your company hierarchy.(t/f)
11- Differentiation focus is a tool to implement strategy.(t/f)
12- Financial strategy is a corporate level.(t/f)
13 Programs needs a balance sheet to be implemented.(t/f)
14- Strategic execution means strategic implementation.(t/f)
15- Procedures are required to implement the strategy.(t/f)
16- Strategic implementation needs simple structure.(t/f)
17- Divisional structure is to divide the company into matrix structure.(t/f)
18- Innovation is one of the changes blocks.(t/f)
19- Organizational life cycle describes the organizational performance.(t/f)
20- Network structure is a traditional method to build your company hierarchy.(t/f)
21- Functional strategy is a tool to implement strategy.(t/f)
22- Divisional structure is a business unit level.(t/f)
23- Programs needs procedures to be implemented.(t/f)
24- Strategic execution means strategic formulation.(t/f)
25- Change approval is a required to implement the strategic.(t/f)
26- Strategic implementation could need re-engineering.(t/f)
27- Divisional structure is to divide the company into decentralized units.(t/f)
28- Innovation is one of the changes blocks.(t/f)
29- Organizational life cycle describes the organizational performance. (t/f)
Answers
False. Cost Focus is a strategy that involves targeting a specific cost segment of the market, not a tool to scan external environments.
False. Quality Standards application is a tool to ensure consistent quality in processes and products, not specifically for continuous improvements.
False. Cost focus is a cost-based strategy and not a way to differentiation.
False. Strategic performance refers to the achievement of strategic objectives, while strategic implementation refers to the actions taken to execute a strategy.
False. Strategy formulation involves the development of strategies, not building strategic standards.
True. A strategic plan should typically answer three fundamental questions: where are we now, where do we want to go, and how do we get there.
False. Divisional structure is used to divide the company into divisions or business units based on products, geography, or other criteria, not functions.
True. Lack of resources can be one of the barriers or challenges in implementing changes.
False. Organizational life cycle refers to the stages of development and growth of an organization, not specifically organizational innovation.
False. Matrix structure is a more contemporary approach that combines functional and divisional structures, not a traditional hierarchy.
False. Differentiation focus is a strategy that involves targeting a specific market segment with differentiated products or services, not a tool to implement strategy.
False. Financial strategy can be part of the corporate level strategy, but it is not exclusively a corporate level strategy.
False. Programs do not necessarily require a balance sheet to be implemented. A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time.
True. Strategic execution and strategic implementation are often used interchangeably, referring to the process of putting a strategy into action.
True. Procedures or processes are necessary to implement a strategy effectively.
False. Strategic implementation can vary in complexity and may not always require a simple structure.
False. Divisional structure and matrix structure are different organizational structures and not synonymous.
True. Innovation can be one of the barriers or challenges to change within an organization.
False. Organizational life cycle describes the stages of development and growth of an organization, not specifically organizational performance.
False. Network structure is a more contemporary approach that emphasizes collaboration and interconnectivity, not a traditional hierarchical structure.
True. Functional strategy can be a tool used to implement strategy at the functional level, aligning functional activities with overall strategic goals.
True. Divisional structure is typically implemented at the business unit level, dividing the organization based on divisions or business units.
True. Programs often require specific procedures or processes to be implemented effectively.
False. Strategic execution refers to the implementation of a strategy, not its formulation.
False. Change approval is not a requirement to implement a strategy. It may be necessary in certain cases, but it is not universally required.
True. Strategic implementation may require re-engineering or restructuring of processes and systems to align with the new strategy.
True. Divisional structure is designed to divide a company into decentralized units or divisions.
True. Innovation can be one of the barriers or challenges to change within an organization.
False. Organizational life cycle refers to the stages of development and growth of an organization, not specifically organizational performance.
What is Strategic Performance?Strategic performance refers to the measurement and evaluation of an organizations ability to achieve allure strategic objectives and aims. It involves assessing the depiction of various factors, to a degree operational efficiency, economic outcomes, customer delight, and employee engagement, to decide the extent to which the arrangement is successfully implementing allure strategic plans.
Strategic performance is approximately linked to an organization's overall game plan and long-term vision. It focuses on weighing the progress and effectiveness of strategic push's and determining whether they are superior to desired outcomes.
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A contestant asks for 200,000 for 25% of their business, what value have they placed on their entire company?
Answers
Answer:
$800,000
Explanation:
25% of the business is equal to 200,000, according to the contestants.
The entire company value is equivalent to 100%
25% = 200,000
100% = ?
100% = 200,000/25 x 100
=$8,000 x 100
=$800,000
The 15-year average return for the S&P 500 from January 1973 to December 2016 (29 separate 15 year periods) was as high as a 20% average annual return and as low as a 3.7% average annual return. Additionally, the average dividend yield for the S&P is 4.11% and the average annual dividend growth rate is 6.11%.
Using this information, please compare the investment in the 5% 15-year corporate bond with a $100,000 investment in a stock with a 3.7% dividend yield (10 percent less than the S&P 500 average yield) and a 3% dividend growth rate (50 percent of the S&P 500 dividend growth rate).
The annual investment returns are as follows:
Year 1 (13.40%) Year 2 (23.37%) Year 3 26.38% Year 4 8.99%
Year 5 3.00% Year 6 13.62% Year 7 3.53% Year 8 (38.49%)
Year 9 23.45% Year 10 12.78% Year 11 0.00 Year 12 13.41%
Year 13 29.60% Year 14 11.39% Year 15 (0.73%)
The bond interest payment of 5 percent is paid annually and not reinvested. To compare accurately with the bond investment, the stock dividend will not be reinvested, but paid annually as well.
Please calculate the value of the stock account at the end of each year and the dividend income from the stock on an annual basis.
Once you have performed the calculations, please let me know if you prefer to invest in a 5% corporate bond for 15 years or the stock and why.
What is the value of the stock after year 2? Year 8? Year 11? When does the annual dividend income of the stock exceed the annual interest income of the bond?
Answers
1. The value of the stock account after Year 2 is $155,401.626.
2. The value of the stock account after Year 8 is $96,110.0674.
3. The value of the stock account after Year 11 is $96,110.0674.
4. The annual dividend income of the stock exceeds the annual interest income of the bond at the end of Year 15.
Bond interest rate: 5%
Stock dividend yield: 3.7% (10% less than S&P 500 average yield)
Stock dividend growth rate: 3% (50% of S&P 500 dividend growth rate)
We'll assume an initial investment of $100,000.
Year 1:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $100,000 + ($100,000 * 0.2337) = $123,370
1. Year 2:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $123,370 + ($123,370 * 0.2638) = $155,401.626
2. Year 8:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $155,401.626 + ($155,401.626 * (-0.3849)) = $96,110.0674
3. Year 11:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $96,110.0674 + ($96,110.0674 * 0) = $96,110.0674
4. At the end of Year 15, the dividend income of the stock exceeds the interest income of the bond.
Stock dividend income: $100,000 * 0.037 = $3,700
Bond interest income: $100,000 * 0.05 = $5,000
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Paul Casey retired from the U.S. Navy in 2015. He receives a military pension based on his years of service. On August 3, 2021, he received a determination of service-connected disability retroactive to 2015. Which of the following is true regarding Paul’s claim for a refund for taxes paid on his pension?
Answers
Paul can submit a claim for a refund of the taxes he paid on his pension in 2015 under the special limitation period as long as he does by August 3, 2020.
What is military pension?The American system of perks known as military retirement is intended to increase the caliber and retention of recruits and retainers for the military.
The possibility of earning a retirement pension for life, regardless of whether you work in the civilian sector after serving in the military or not, is one of the main benefits of joining the military, even though most working Americans no longer receive pensions. a pension, which is only available to retirees who had at least 20 years of employment with the company prior to their retirement. It is distributed as a lifetime annuity and is wholly funded by the government.
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On January 1, 2019, Cullumber Company had $1,000,000 of common stock outstanding that was issued at par. It also had retained earnings of $740,000. The company issued 35,000 shares of common stock at par on July 1 and earned net income of $390,000 for the year.
Required:
Journalize the declaration of a 14% stock dividend on December 10, 2020, for the following independent assumptions.
a. Par value is $10, and market price is $18.
b. Par value is $5, and market price is $20.
Answers
Answer:
a. Par value is $10, and market price is $19. b. Par value is $5, and market price is $20.
Explanation:
Advantages
OF quantitative approach of
Management
Answers
Answer:
Quantitative approach of Management refers to a managerial technique that relied on rigid calculations (such as statistics or computer simulations) in order to improve the decision making.
Here are the advantages:
- The decision making process occurred a lot quicker since the managers can relied on computers to analyze all the relevant factors
- Cost benefit analysis can be more accurate since it completely disregard the personal biases of the manager.
- Results between each decisions implementation can be measures easily since it's displayed on numerical value.
Each business day, on average, a company writes checks totaling $13,200 to pay its suppliers. The usual clearing time for the checks is four days. Meanwhile, the company is receiving payments from its customers each day, in the form of checks, totaling $23,800. The cash from the payments is available to the firm after two days.
A. Calculate the company’s disbursement float, collection float, and net float.
B. If the collected funds were available in one day instead of two, what would be the company's disbursement float, collection float, and net float?
Answers
Answer:
A. Disbursement Float $53,800
Collection Float $47,600
Net Float $6,200
B. Disbursement Float $53,800
Collection Float $23,800
Net Float $30,000
Explanation:
A. Calculation for the company’s disbursement float, collection float, and net float.
Calculation for Disbursement Float using this formula
Disbursement Float = Average amount of check* Time to clear
Let plug in the formula
Disbursement Float= $13,200*4 days
Disbursement Float= $53,800
Calculation for Collection Float
Collection Float =($23,800*2days)
Collection Float = $47,600
Calculation for Net Float using this formula
Net Float = Disbursement Float + collection Float
Let plug in the formula
Net Float= $53,800-$47,600
Net Float= $6,200
Therefore the company’s disbursement float, collection float, and net float will be:
Disbursement Float $53,800
Collection Float $47,600
Net Float $6,200
B.Calculation to determine what would be the company's disbursement float, collection float, and net float If the collected funds were available in one day instead of two
Calculation for Disbursement Float using this formula
Disbursement Float = Average amount of check* Time to clear
Let plug in the formula
Disbursement Float= $13,200*4 days
Disbursement Float= $53,800
Calculation for Collection Float
Collection Float =($23,800*1 days)
Collection Float = $23,800
Calculation for Net Float using this formula
Net Float = Disbursement Float + collection Float
Let plug in the formula
Net Float= $53,800-$23,800
Net Float= $30,000
Therefore what would be the company's disbursement float, collection float, and net float If the collected funds were available in one day instead of two will be:
Disbursement Float $53,800
Collection Float $23,800
Net Float $30,000
Which of the following scenarios is an example of irrelevant media? A. Graphics that need to be split up and appear on two pages. B. Imagery that matches the content but is too large. C. An image that does not match the text in any manner. D. A video that is inappropriate because it is too long to show in a particular situation.
Answers
Irrelevant media includes, for instance, an image that does not correspond to the content. Therefore, option C in the given question is correct.
What is the meaning of Irrelevant?"Irrelevant" refers to something that is not connected or related. While they might not be the best media uses, the additional examples are not necessarily unimportant.
When something is irrelevant, it has no bearing on the topic. People no longer relate to a rock star's music or even listen if they become irrelevant. Nobody is thinking or speaking about it at the moment.
It doesn't matter if they are too big or unimportant because we can still learn a lot of useful knowledge from them. However, if something—an image, text, or anything else—does not fit the condition, that is unquestionably an example of irrelevant media.
Hence, In this case, the correct answer is option C.
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instance, think about the jobs listed below. While those in positions like these get to work
in and around show business, the functions they perform are based right in the clusters we
considered today: Business Management, Finance, Marketing and Sales. See if you can
search online to find what is involved with these three specific jobs. Can you find an example
of someone who holds this position? What do the do? How might their job allow them to
feel like a part of Hollywood?
Senior Vice President of Theatre Operations
Media Production Accountant
Social Media Director, Film Marketing Agency description of each of the three careers that you researched, including what tasks the
job requires and why the job is so important
2. A breakdown of the education requirements for each career, including subjects that might
be beneficial in preparing for each career
3. The projected annual salary for someone in each career and the job outlook according to
the Bureau of Labor
4. A summary of why you think this job is a good choice for someone who is interested it
"show business*
Answers
Each of these careers can be a good choice for someone interested in "show business" as they offer opportunities to work closely within the entertainment industry and contribute to its success. They provide a chance to be involved in the operations, financial management, marketing, and promotion of films and theaters.
Senior Vice President of Theatre Operations:
This role involves overseeing the operations and management of theaters within a company. Responsibilities may include developing and implementing operational strategies, managing budgets and financial performance, coordinating with production teams, ensuring smooth theater operations, and enhancing the overall customer experience. An example of someone who holds this position is Mark Manuel, Senior Vice President of Theatre Operations at AMC Theatres.
Media Production Accountant:
A media production accountant is responsible for managing the financial aspects of film and television production. They handle budgeting, cost tracking, payroll, financial reporting, and ensuring compliance with industry regulations. Their role is crucial in managing the financial resources of a production, tracking expenses, and providing accurate financial information for decision-making. Relevant education in accounting or finance is essential for this career, and knowledge of the entertainment industry can be beneficial.
Social Media Director, Film Marketing Agency:
As a social media director in a film marketing agency, the role involves developing and implementing social media strategies to promote films. They oversee social media campaigns, manage content creation, engage with audiences, analyze performance metrics, and work closely with marketing teams. Their job is important in building an online presence, creating buzz, and engaging fans within the film industry. A background in marketing, communication, or digital media is typically desired for this role.
Each of these careers can be a good choice for someone interested in "show business" as they offer opportunities to work closely within the entertainment industry and contribute to its success. They provide a chance to be involved in the operations, financial management, marketing, and promotion of films and theaters. These roles allow individuals to work behind the scenes, making critical decisions and supporting the overall success of productions. Additionally, being part of the entertainment industry can be exciting and fulfilling for those passionate about the world of show business.
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explain 5 advantages of transport to the business
Answers
Answer:
Explanation:
Efficient Transport. Your firm may be losing money and resources by sticking with an outdated shipping model.
Increased Customer Satisfaction.
Opportunity For Innovation.
Information On Technology Updates.
Industry-Specific Expertise.
Suppose that Rajiv, an economist from a research institute in Texas, and Simone, an economist from a public television program, are arguing over government bailouts. The following dialogue shows an excerpt from their debate:
Simone: Thanks to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days.
Rajiv: Indeed, it's gotten crazy! A government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets.
Simone: I don't know about that. Without a bailout of severely distressed financial firms, the economy will experience a deep recession.
The disagreement between these economists is most likely due todifferences in scientific judgments .
Despite their differences, with which proposition are two economists chosen at random most likely to agree?
Business managers can raise profit more easily by reducing costs than by raising revenue.
Employers should not be restricted from outsourcing work to foreign nations.
Central banks should focus more on maintaining low unemployment than on maintaining low inflation.
Answers
Employers should not be restricted from outsourcing work to foreign nations.
The proposition are two economists chosen at random most likely to agree: Employers should not be restricted from outsourcing work to foreign nations.
What do you mean by outsourcing?Outsourcing is known to be a kind of an agreement where a single firm tends to hires another firm to be solely responsible for a given planned or existing activity.
Note that Outsourcing is seen as the a business practice where a firm hires a third-party to carry out functions and as such, Employers should not be restricted from outsourcing work to foreign nations. The proposition are two economists chosen at random most likely to agree: Employers should not be restricted from outsourcing work to foreign nations.
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Match the following statements to the appropriate terms.
Price-earnings ratio select the appropriate term
Return on assets select the appropriate term
Accounts receivable turnover select the appropriate term
Earnings per share select the appropriate term
Payout ratio select the appropriate term
Working capital select the appropriate term
Current ratio select the appropriate term
Debt to assets ratio select the appropriate term
Free cash flow select the appropriate term Inventory turnover select the appropriate term
Answers
Answer:
Matching Statements to Appropriate Terms:
Price-earnings ratio = Profitability Ratio
Return on Assets = Profitability Ratio
Accounts Receivable Turnover = Liquidity Ratio
Earnings per share = Profitability Ratio
Payout ratio = Profitability Ratio
Working capital = Liquidity Ratio
Current ratio = Liquidity Ratio
Debt to Assets = Solvency Ratio
Free Cash Flow = Solvency Ratio
Explanation:
Profitability Ratios are one of the classes of financial metrics that measure a business's ability to generate earnings relative to its revenue, operating costs, assets, or shareholders' equity during a period of time.
Liquidity Ratios measure the ability of the company to pay its maturing short-term debt obligations from its current assets. They include the working capital, the current ratio, and the acid-test ratio.
Solvency Ratios measure the ability of the company to pay its maturing long-term debt obligations from its assets.
Adjusting factory overhead LO P4
The following information is available for Lock-Tite Company, which produces special-order security products and uses a job order costing system.
April 30 May 31
Inventories
Raw materials $ 43,000 $ 52,000
Work in process 10,200 21,300
Finished goods 63,000 35,600
Activities and information for May
Raw materials purchases (paid with cash) 210,000
Factory payroll (paid with cash) 345,000
Factory overhead Indirect materials 15,000
Indirect labor 80,000
Other overhead costs 120,000
Sales (received in cash) 1,400,000
Predetermined overhead rate based on direct labor cost 70 %
Determine whether there is over or underapplied overhead.Factory OverheadUnderapplied overhead
Answers
Answer:
26,500 Under applied
Explanation:
Lock-Tite Company
Actual Factory Overhead 215,000
Factory overhead Indirect materials 15,000
Indirect labor 80,000
Other overhead costs 120,000
Direct Labor = 345,000
Predetermined Overhead = 70% of $ 345,000= $ 241,500
Actual Overhead = $ 215,000
Difference = Predetermined Overhead - Actual Overhead
= 241,500- $ 215,000= 26,500 Under applied
We find the difference between actual overhead and applied overhead to find the underapplied ( overapplied overhead. If the actual overhead is less than applied overhead it is underapplied. But if the actual overhead is greater than applied overhead it is over applied.
Raw materials Opening $ 43,000
Add Materials Purchases 195000 ( 210,000 - 15000)
Less Raw materials Closing $ 52,000
Direct Materials Used 186,000
Direct Labor 345,000
FOH 215,000
Total Manufacturing Costs 746,000
Add Work in process Opening 10,200
Less Work in process Closing 21,300
Add Finished goods Opening 63,000
Less Finished goods Closing 35,600
Cost Of Goods Sold 762,300
A corporate culture is generally defined as the
Answers
Answer:
inner rites, rituals, heroes, and values of a firm. one's duty to do a job or perform a task is called.
Explanation:
A corporate culture is the shared values, beliefs, attitudes, and behaviors that exist within a company or organization.
Corporate culture is shaped by various factors, including the company's mission, vision, and core values, as well as its history, leadership style, and the behaviors exhibited by top management. It can also be influenced by the industry in which the organization operates, geographical location, and the composition of its workforce.
A positive corporate culture promotes teamwork, innovation, open communication, and a healthy work-life balance. On the other hand, a negative or toxic culture can lead to low morale, high turnover, and hinder the organization's overall success.
In conclusion, a corporate culture is the collective values, beliefs, attitudes, and behaviors that define an organization's identity and shape the working environment. It has a significant impact on employee engagement, productivity, and the overall success of the company.
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Mark takes his son Jimmy to a Stockton Kings basketball game. Jimmy is 11 years old, but he looks 18. The game starts at 5pm. While they are at the game, Mark sends Jimmy to get them some food and drinks. He also gives him money, which Jimmy stuffs in his wallet with his own money. Dad wants him to buy two basketball jerseys (one each) and a game program. Jimmy buys all the items and returns to their seats. He has purchased a burger and a soda for each of them for their dinner. They each put a shirt on and then while they eat, they look through the program. At this point, a shooter for the Kings dives into the crowd chasing a ball. The player lands on Jimmy. He suffers a cut and bleeds on his new jersey. He also spills his dinner and drink on the ground. In a rush to help, Mark knocks his dinner and soda over, soaking their program with Coke.
The Kings send a medical person to attend to Jimmy, who is fine, except for the cut and a small bump on his head. Jimmy is upset about his food, the shirt and the program. He and his dad go back to the vendors and ask for refunds for each of the items. Mark wants a refund for food and his Coke. Jimmy wants a refund for the program, his jersey and his burger and drink. The vendors all refuse, since they have already eaten most of their food and ruined the other items.
Later, Mark sues in small claims court for breach of contract relating to all of the items mentioned above. DO NOT discuss the potential tort liability of the Kings for the injuries to Jimmy. This is a CONTRACTS question.
Please discuss the issues relating to contracts, i.e., whether and to what extent, the vendors at the Kings game must give refunds for the items and any other issues you feel are relevant. What are the grounds for the suits and the potential damages available? What defenses may be raised? Who will win? Identify the issues and explain all sides.
Answers
The issues relating to contracts include:
If the vendors at the Kings game must give refunds for the items. Mark sues for breach of contract, but the vendors refuse since the food is eaten and the other items are ruined. The potential damages are the cost of the items. The defense may be that the vendors fulfilled their obligations and that the items were damaged due to the actions of the Kings player or Mark. The presented evidence in court would determine who'll win.What's contract?A contract is an agreement between two or more parties that's legally binding and mentions the terms and conditions of their collective obligations.
When a contract is breached, it means that one of the parties fails to fulfill Its duty under the agreement. And the non-breaching party may be entitled to damages.
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