Due to the various cultural differences, Kenji should think about giving his workers clearer, more explicit (and less confusing) directions so that communication is better understood by all sides.
Cultural differences can have an impact on the workplace and how well coworkers get along. It is essential to identify the cultural differences between employers and employees in a firm in order to establish how these differences might be incorporated into the workplace so that everyone can work together effectively.
In order to make the best decision and further analyse this circumstance, Make sure you have seen everything from everyone's perspective before making a judgement. Find out why the employees aren't following Kenji's directions, but also why Kenji has such an imposing and opaque personality.
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A company would like to determine the net present worth of their new project. Table below provides details of the cash flow analysis. Use interest rate of 18% per year.
Year X
Initial Cost $100,500
Operating and Maintenance Cost (Year 1) $35000
Annual increase in O&M Cost 2%
Overhaul Cost in Year 3 $22000
Salvage Value $45000
Useful Lives 6
The net present worth of the new project is (-) $67,879.15.
In order to determine the net present worth of the new project, we will apply the formula; NPW = (-) I + (A/F, i%, n) Here, I = Initial cost + Overhaul Cost - Salvage Value= $100,500 + $22,000 - $45,000= $77,500A = Annual maintenance cost = $35,000F = Future worth of the maintenance cost in year 6A geometric series formula can be used to calculate the future worth of the maintenance costs: F = A * [(1 + g) ^ n - 1] / g where, g = Annual increase rate = 2% = 0.02n = Number of years of increase = 6 - 1 = 5F = $35,000 * [(1 + 0.02) ^ 5 - 1] / 0.02= $196,582.54 Now, let's calculate the Net present worth; NPW = (-) I + (A/F, I%, n)= (-) 77,500 + (35,000 / 3.635, 18%, 6)= (-) 77,500 + 9,620.85= (-) 67,879.15
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3. Earning of profit is regarded as the main objective of business? Explain by giving any 3reasons
The following are internal controls related to various cycles.
1. Sales invoices are matched with shipping documents by the computer system and an exception report is generated.
2. Receiving reports are prenumbered and accounted for on a daily basis.
3. Sales invoices are independently verified before being sent to customers.
4. Payments by check are received in the mail by the receptionist, who lists the checks and restrictively endorses them.
5. Labor hours for payroll are reviewed for reasonableness by the computer system.
6. Checks are signed by the company president, who compares the checks with the underlying supporting documents.
7. Unmatched shipping documents are accounted for on a daily basis.
8. The computer system verifies that all payroll payments have a valid employee identification number assigned by the human resources department at the time of hiring.
9. The accounts receivable master file is reconciled to the general ledger on a monthly basis.
1. Sales invoices are matched with shipping documents by the computer system and an exception report is generated.
Specific control activity: Adequate documents and records
Transaction-related management assertion: Occurrence
Explanation: An exception report is generated to match sales invoice with shipping documents by the computer system to ensure adequate documentation and records
2. Receiving reports are prenumbered and accounted for on a daily basis.
Specific control activity: Adequate documents and records
Transaction-related management assertion: Completeness and Timing
Explanation: On a daily basis reports are recorded to checks completeness and timing
3. Sales invoices are independently verified before being sent to customers.
Specific control activity: Independent check on performance
Transaction-related management assertion: Accuracy
Explanation: Independent check on performance of the sales invoices before being sent to customers to ensure accuracy
4. Payments by check are received in the mail by the receptionist, who lists the checks and restrictively endorses them.
Specific control activity: Separation of duties
Transaction-related management assertion: Completeness
Explanation: Separation of duties to ensure completeness of assigned tasks
5. Labor hours for payroll are reviewed for reasonableness by the computer system.
Specific control activity: Proper authorization of transaction related activities
Transaction-related management assertion: Accuracy/Occurrence
Explanation: Proper authorization of transaction related activities to ensure accurance and occurence of the transactions
6. Checks are signed by the company president, who compares the checks with the underlying supporting documents.
Specific control activity: Independent checks on performance; Separation of duties
Transaction-related management assertion: Accuracy/Occurrence
Explanation: Independent checks on performance with the related documents to ensure accuracy and occurrence of the transactions
7. Unmatched shipping documents are accounted for on a daily basis.
Specific control activity: Physical control over documents and records
Transaction-related management assertion: Timing/ Completeness
Explanation: Physical control over documentation and records to check unmatched shipping documents on a daily routine to ensure completeness and it's timings
8. The computer system verifies that all payroll payments have a valid employee identification number assigned by the human resources department at the time of hiring.
Specific control activity: Adequate separation of duties
Transaction-related management assertion: Occurrence
Explanation: Adequate separation of duties on the payroll payments to ensure occurrence
9. The accounts receivable master file is reconciled to the general ledger on a monthly basis.
Specific control activity: Independent checks on performance
Transaction-related management assertion: Posting & summarization
Explanation: Independent checks on performance of accounts receivable master file reconcillation with general ledger to ensure it's postings and summarization
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Unethical behavior should be reported to the proper authority, but care must be taken to ______.
a.
Report your perceptions
b.
Explain what you think was happening
c.
Report only what happened
d.
Explain how you were able to see it
Please select the best answer from the choices provided
A
B
C
D
Answer:
A Report your perceptions
Explanation:
Answer: A
Explanation:
If the Federal Reserve wants to reduce interest, what will they do to the money supply?.
A). Decrease the Money Supply
B). Increase the Money Supply
Two goods are complements when a decrease in the price of one good.
When two goods are complementary in nature, the fall in the price of one will lead to an increase in the demand of the other.
What are Complementary Goods?Two goods are complimentary if a consumer is most likely to purchase and use both items at the same time.
Some examples would are:
Pencils and NotebooksCars and PetrolMobile Phones and Call Service Subscriptions etc.Recall the law of demand. All things being equal, a decrease in price will lead to an increase in demand. So if the price of one has decreased, the demand for both will increase.
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THIS IS THE SECOND PART
SPICEGIRL AND OTHER PERSON!!
Answer:
When the firm produces 1 unit, its cost per unit is 33.33. There would be about 8.33 decrease in the cost.
Explanation:
Now lets take this apart. The y value is exclaimed as the price per unit, which is not listed. The A value given in the graph is (50, 1.5), which the y and x axis do not have names to what they represent. However, from the information provided we can say that y = the price per units (50 for 1.5).
Going from that, what would 1 be? Well, if it costs 50 per 1.5 units then it would cost 33.33 per unit.
Now if they increased their product production and (50 ,1.5) was replaced by (50, 2), then the cost per unit would be 25 per unit. There would be about 8.33 decrease in the cost.
It's been a bit since i've done slopes and price per unit stuff, sorry if its a bit rusty. Good luck on your test xx
Melissa plans to become a nurse. What would be a good extracurricular activity for Melissa during high school? O A. O B. O C. O D. joining the cheerleading squad taking charcoal drawing lessons participating in gymnastics volunteering at a health clinic after school
Answer:
Volunteering at a health clinic after school
Explanation:
If Melissa plans on becoming a nurse, she should look for extracurriculars which could help support her in her future years. Volunteering at a health clinic could provide her with hands on experience opposed to cheerleading or charcoal drawing which are good for hobbies and fun activities. But if Melissa really has a passion to become a nurse she should look for extracurriculars which not only interest her but may be of benefit to her.
In pure competition, producers compete exclusively on the basis of
a. selling identical items.
b. advertising heavily to promote their good.
c. producing the unique features of their good.
d. focusing on maintaining a positive image.
Answer:
a. selling identical items.
Explanation:
A pure competition market is characterized by many firms selling a homogeneous product in a market with many buyers. There are no dominant suppliers; hence no single or group of sellers can influence the price. Pure competition is also the perfect competition.
The key characteristics of pure competition are
There are many buyers and sellersAll firms sell an identical productAll sellers are price takers. None can influence pricesThere is intense competition due to the high number of sellersEase of entry and exit from the market.A. selling identical items.
Can someone help me with this???
On the statement of cash flows, the investing activities section would include a.cash paid for retirement of bonds payable b.cash received from the issuance of capital stock c.cash paid for dividends d.cash received from the sale of investments
Ajax Lighting manufactures and sells street and parking lot lights, such as those on the Fayetteville trail system. Ajax has the best LED lighting technology in the industry. It is a significant competitive advantage. There are only two other companies in the nation that make competitive products. Growth in this industry is about 2% a year or less. Ajax can enjoy sustained competitive advantage because they are in a _________ market
Answer: slow cycle
Explanation:
Based on the information given, Ajax can enjoy sustained competitive advantage because they are in a slow cycle market.
Slow-cycle markets refers to the markets whereby the competitive advantages of a firm are protected from imitation, which is usually for long periods of time and in this scenario, imitation is usually costly. Therefore, in this market, competitive advantages are usually sustainable
Please help me!! I have trying to find the answer but I don’t know it.
Answer:
Math Skills - Nate adds up the hours worked at calculates the amount earned by each of his employees.
Networking Skills - Darrick researches his competitors to find out how much they charge for pet sitting, to make sure he can tell customers that his rates are reasonable.
Listening Skills - Tina interviews potential customers to find out what improvements they think she could make to her product.
Speaking Skills - Diego gives a presentation to a panel of potential investors.
Writing Skills - Vlad makes a flyer that describes his company's products.
Organizational Skills - Maria fills all orders for her unique bracelets within one week.
Developing Respect - Kathleen has lunch with her aunt once a month to get advice and find out about potential investors she could contact.
Define market research, describe its purpose, and give at least one example of a type of market
research that producers conduct.?
A systematic approach to learning as much as possible about target markets and consumers, starting with who they are, is market research.
What is market research?Market research is a systematic attempt to learn as much as possible about target markets and consumers, starting with who they are.
It is a crucial element of corporate strategy and a key contributor to keeping competitiveness.
Purpose:
Find customers by using market research.
Consumer behavior and economic trends are combined in market research to support and enhance your business concept.
Understanding your customer base from the start is essential.
Even when your company is still only a vision in your mind, market research allows you to lower risks.
Example:
Making note of the most recent data published on a certain topic after conducting an online search on it is an example of market research.
The following are further instances of secondary market research: reading trade journals.
Therefore, a systematic approach to learning as much as possible about target markets and consumers, starting with who they are, is market research.
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Calculate net worth using the following information.
Assets Liabilities
car - $3,500 car loan - $3,000
savings account - $1,000 credit card - $500
cash - $80
stock - $120
$1,200
$8,200
$12,000
$500
The net worth of the person, using the given information, can be found to be $ 1, 200
What is a person's net worth ?The value of all assets less the sum of all obligations is what is known as net worth. In other words, net worth is the sum of all assets minus all liabilities.
A person's or company's net worth is the value of their assets less the amount of obligations they have. It is a crucial indicator for assessing a company's health because it offers a helpful overview of its present financial situation.
In the financial industry, one's net worth—also known as net wealth—is used to determine whether a person is eligible for a particular set of investment opportunities or financial products, such as hedge funds, structured products, or other sophisticated or alternative investments.
The net worth of a person can be found by the formula :
= Assets - Liabilities
= 3, 500 + 1, 000 + 80 + 120 - 3, 000 - 500
= 4, 700 - 3, 500
= $ 1, 200
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the journal entry to transfer completed products from production to finished goods inventory includes which two of the following? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.) check all that apply debit to finished goods inventoryunanswered credit to work in process inventoryunanswered credit to finished goods inventoryunanswered debit to work in process inventoryunanswered debit to raw materials inventoryunanswered credit to raw materials inventoryunanswered
The journal entry to transfer completed products from production to finished goods inventory includes the following two:
Debit to finished goods inventory
Credit to work in process inventory
In an organization's accounting system, a journal entry serves as a record of a financial transaction. It is used to record how money or resources are put into and taken out of particular accounts in the general ledger of the business. Each journal entry is typically recorded in chronological order and contains at least two accounts, as well as an amount for each account.
A crucial component of the double-entry accounting system, which mandates that each financial transaction be recorded twice—once as a debit and once as a credit—is journal entries. By doing this, it is made sure that the accounting formula, Assets = Liabilities + Equity, is always in balance.
The journal entry acts as the initial record of a transaction and forms the foundation for all ensuing financial reporting, including financial statements like
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______ performs some or all of the logistics functions, such as warehousing, outbound transportation, export packing, carrier negotiation, and freight consolidation, for a company.
Considering the description given below, it is known that Logistics Outsourcing performs some or all of the logistics functions, such as warehousing, outbound transportation, export packing, carrier negotiation, and freight consolidation, for a company.
Logistics Outsourcing is a business practice performed by independent or separate firms that conduct various logistics functions such as warehousing, outbound transportation, export packing, etc., for another company.
Companies tend to outsource their logistics to logistics outsourcing companies because of the following reasons:
Enhanced flexibility.Professionalism and know-how.Performance growth. Customs assistance, etc.Hence, in this case, it is concluded that the correct answer is "Logistics Outsourcing."
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as managers plan for the future, it is important to handle unexpected circumstances. by developing backup plans with alternative courses of action defined in case conditions change, managers are conducting planning.
By developing backup plans with alternative courses of action defined in case conditions change, managers are conducting scenario planning.
What is scenario planning?Scenario planning can be defined as the strategy used by companies to predict future event or unforeseen event that may likely to happen and how to combat the event by making use of some preventive measure.
This scenario best illustrate what is known as scenario planning which is why the manager is trying to defined a strategic problem that may occur and the ways to overcome the problems.
Therefore we can conclude that the manager is making use of scenario planning.
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1 Table 7.5 A company makes four products that have the following characteristics: Product A sells for $50 but needs $10 of materials and $15 of labor to produce; Product B sells for $75 but needs $30 of materials and $15 of labor to produce; Product C sells for $100 but needs $50 of materials and $30 of labor to produce; Product D sells for $150 but needs $75 of materials and $40 of labor to produce. The processing requirements for each product on each of the four machines are shown in the table. Work Center w X Y Z Processing Time (min/unt) A B С D 6 1 3 12 9 10 4 8 4 3 12 9 10 0 7 11 Work centers W, X, Y, and Z are available for 40 hours per week and have no setup time when switching between products. Market demand for each product is 80 units per week. In the questions that follow, the traditional method refers to maximizing the contribution margin per unit for each product, and the bottleneck method refers to maximizing the contribution margin per minute at the bottleneck for each product Use the information in Table 7.5. Using the bottleneck method, in what sequence should products be scheduled for production? 1) D. C.B.A. 2) D, C, A,B 3) C, D, A, B O4) C, D, BA
The bottleneck method is a scheduling methodology that can be used to identify and optimize the utilization of bottleneck resources. In this case, we are required to determine the optimal production sequence using the bottleneck method.
The processing time for each product on each machine is as follows:
- Product A: 6W + 1X + 3Y + 12Z = 22 minutes
- Product B: 9W + 10X + 4Y + 8Z = 31 minutes
- Product C: 4W + 8X + 4Y + 3Z = 19 minutes
- Product D: 12W + 9X + 10Y + 0Z = 31 minutes
Using the bottleneck method, the optimal production sequence for the products is:
1) Product C: This product has the highest contribution margin per minute at the bottleneck, and it can be produced up to the maximum capacity of Machines X and Y.
2) Product D: This product has the second-highest contribution margin per minute at the bottleneck, and it can also be produced up to the maximum capacity of Machines X and Y.
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Financial accounting provides investors with information that should help them to evaluate the:_________
Financial accounting provides investors with information that should help them to evaluate the Business financial solvency.
Investors take decision while evaluating the financial statements of the company that whether they will receive the adequate return or not.
They measure the risk in investing by evaluating the financial statement.
Because financial statement shows the true and fair view of the company.
Financial statements includes balance sheet, income statement and cash flow.
It tells about company's solvency level, liquidity position, dividend policy and many more. It provides transparency and access to the information of the operations of the company.
By the proper and standard financial accounting investors can company the statements of two companies or more and takes decision accordingly.
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HELP!!!
A fashion boutique manager is responsible for doing the annual books for the
shop. The boutique has managed to bring in $100,000 in revenue this year,
and their expenses for the year total $25,000. What profit did the boutique
make for the year?
O A. $40,000
O B. $25,000
O c. $75,000
D. $100,000
80% of people who purchase pet insurance are women. If 9 pet insurance owners are randomly selected, find the probability that exactly 6 are women.
There is a 0.176 percent chance that exactly 6 of them are women.
As stated in the assertion
Nine pet owners were chosen at random. Thus, in this instance, n=9 (number of randomly selected owners).
The number for which the probability must be determined is 6. Therefore, x=6 in this instance.
Utilize the BINOMIAL THEOREM to determine the likelihood.
Thus, 9!/((9-6)!*6!) = 84 when n!/((n-x)!*x!)
The likelihood of success is now p, and the probability of failure is (1-p)=q.
We derive p = 0.8 and q = 0.2 from this.
Utilize px = (0.8)6 = 0.2621 now.
Utilize q(n-x) = (0.2)(9-6) = 0.008 then.
multiply the findings to determine the probability is now.
84*0.2621*0.008 = 0.176
Therefore, there is a 0.176 percent chance that exactly 6 of them are women.
What is the simple definition of probability?A probability is a number that expresses the possibility or likelihood that a specific event will take place. In addition to being expressed as percentages ranging from 0% to 100%, probabilities can also be expressed as proportions between 0 and 1.
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Net Purchases + Purchases Returns and Allowances + Purchase Discounts equals:
O A. Gross Profit.
OB. Gross Purchases.
O C. Net Income.
OD. Net Loss.
Answer:
OB. Gross Purchases.
Explanation:
Gross purchases represent all the purchases a business made in a particular period. It includes returns outwards ( purchases returns), discounts and allowances received.
Net purchases are calculated by subtracting purchase returns, discounts received, and allowances from gross purchases.
Therefore, Net Purchases + Purchases Returns and Allowances + Purchase Discounts= gross purchases.
Consider the money supply grows at a rate of z>1 and price level for period t is pt. What is the relationship between money growth rate and price level? a) pt+1zt=p
b) pt/z =pt+1 c) Pt/pt+1 −1=z
d) d) pt+1=zpt
The correct relationship between the money growth rate (z) and the price level (pt) is given by option (d): pt+1 = zpt.
The equation pt+1 = zpt represents the relationship between the price level in period t+1 (pt+1) and the price level in period t (pt) when the money supply grows at a rate of z>1. According to this equation, the price level in the next period is equal to the money growth rate (z) multiplied by the price level in the current period.
This relationship captures the impact of money supply growth on the price level. When the money supply grows at a rate higher than 1 (z>1), it leads to an increase in the price level. This is because an expansion in the money supply tends to increase the aggregate demand, which, in turn, puts upward pressure on prices.
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American Products is concerned about managing cash efficiently. On average, inventories have an age of 90 days, and accounts receivable are collected in 60 days. Accounts payable are paid approximately 30 days after they arise. The firm’s operating-cycle investments are $30 million per year.Cost of goods sold are $20 million, and purchases are $15 million.
a. Calculate the firm’s operating cycle.
b. Calculate the firm’s cash conversion cycle.
c. Calculate the amount of resources needed to support the firm’s cash conversion cycle.
d. Discuss how management might be able to reduce the cash conversion cycle.
Operating cycle = 333.75 days ;CCC = 242.50 days; Resources needed = $19,921,917; The firm can delay payments to its suppliers by negotiating longer payment terms, taking advantage of early payment discounts, and optimizing its payment processes.
a. Calculation of the firm’s operating cycle:
Operating cycle is the time it takes for a business to convert its inventory into cash. It is computed by adding the average age of inventory and the average collection period.
Operating cycle is calculated using the formula:
Operating cycle = Inventory conversion period + Receivables conversion period
Inventory conversion period = (Inventory/Cost of goods sold) x 365 days
Inventory conversion period = ($15,000,000/$20,000,000) x 365Inventory conversion period = 273.75 days
Receivables conversion period = (Accounts receivable/Sales) x 365Receivables conversion period = ($15,000,000/$20,000,000) x 365Receivables conversion period = 273.75 days
Operating cycle = 273.75 days + 60 days
b. Calculation of the firm’s cash conversion cycle:
The cash conversion cycle (CCC) is the duration of time it takes for a business to transform its inventories into cash and make payments to its suppliers. CCC can be calculated using the formula:CCC = Operating cycle – Payable deferral period
Payable deferral period = (Accounts payable/Cost of goods sold) x 365
Payable deferral period = ($5,000,000/$20,000,000) x 365
Payable deferral period = 91.25 days
CCC = 333.75 days – 91.25 days
CCC = 242.50 days
c. Calculation of the amount of resources needed to support the firm’s cash conversion cycle:
Resources needed = Operating cycle investment x CCC
Resources needed = $30,000,000 x (242.50/365)
Resources needed = $19,921,917
d. Discussion of how management might be able to reduce the cash conversion cycle:
There are various ways management can reduce the cash conversion cycle. The following are some of the methods:By reducing inventory levels: The firm can reduce the amount of inventory it holds by focusing on demand forecasting, reducing lead times, and adopting just-in-time (JIT) inventory management .By reducing the receivables collection period: The company can expedite the collections process by offering discounts for early payments, charging interest on late payments, and improving its credit control processes.By increasing the payable deferral period.
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In business writing, the main idea of a written work should be located
a. At the end of the first paragraph
b. In the body of the document
At the beginning of the first paragraph
d. In the salutation of the document
C.
Please select the best answer from the choices provided
Ο Α
B
С
OD
Answer:
c
Explanation:
cccccccccccccccccccccccccc
Answer:
well i blive its c
Explanation:
22. Akshay worked at a cafe while he was a college senior in Boston,
Massachusetts. After graduating in June, he moved back to his home in
California and started a full-time job in September. Which of the following
statements is true?
Answer: The answer is C
Explanation: I got this correct on a test
2+5=32
4 how is he 5 at the same time
Answer:
7 = 32
Explanation:
??
please help, this is very simppleee!! ^^
Thomas is a broker who works at a large investment firm. His job is to research different stocks and make recommendations to his customers on which ones they should invest in. Which career cluster would Thomas’s job fall under?
A) Finance
B) Business management
D) STEM
*Pls don't scam me for points!!
Finance, career cluster, would Thomas’s job fall under. Thus, option (a) is correct.
What is job?
A “job” is a designation for working for a specific business. An opportunity for career advancement arises from the job. One could increase their income and gain experience by working. The job was the source of the income. They are the based on the earnings are the career cluster.
According to the Thomas’s job fall under are the based on the finance. It was the largest investment in the firm are the research are the stocks on the recommendations of the customer. It was the investing company are the related to the finance.
As a result, the finance, career cluster, would Thomas’s job fall under. Therefore, option (a) is correct.
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Which industry is the second-largest employer of teens
and young people?
What percentage of employed teens are employed by
the government?
I got it
is retail trade
and 7%
Answer:
I. Retail industry
ii. 7%
Explanation:
Retail industry is the second largest employers of teen and young people next to health sector which is the largest employer.
Retailing involves buying goods either from the producers or wholesaler and selling them to the final consumers. Some services are also offered in these retailing such as call center representative, those who work in innovation lab. etc
In the United States, about 7% of teens and young people are in the employment of government , while retail industry is the largest employer of teen and young people because it provides flexibility and also do not involve much academic qualifications.
Example of these retail jobs are those who work in call center, sales representatives and those who works in stores.
Answer:
Retail Trade
7%
Explanation:
Edge 2020