Answer:
$174,270
Explanation:
The computation of the warranty expense for November is shown below:
= Number of printed sold × estimated percentage × average cost
= 37,000 printers × 3% × $157
= 1,110 printers ×$157
= $174,270
We simply applied the above formula so that the company warranty expense for November month could come and the same is to be considered
Megan is a graduate student pursuing a course in business. Presented with the case of a company's unethical behavior, Megan wonders if the company's board of directors should ask the CEO to step down. Having a strong belief in Michael Porter's idea of value creation, Megan is most likely to conclude that company's board of directors:_________ A) should not ask the CEO to step down because doing so would cause a profit dip that would affect its shareholders. B) should ask the CEO to step down because it has a greater obligation toward society. C) should not ask the CEO to step down because he was responsible for an almost 90 percent appreciation of the company's stock. D) should ask the CEO to step down because agents, unlike principals, are disposable.
Answer:
B) should ask the CEO to step down because it has a greater obligation toward society.
Explanation:
The concept of value creation in a business is more than simply increasing profits, it is about creating value for the company's customers and society as a whole. This concept is best illustrated by engaging in practices that reduce pollution or other business decisions like not buying from foreign vendors that employ forced child labor. Sometimes certain business practices are so evil that they are outlawed, e.g. buying conflict or blood diamonds, but Belgian diamond markets are still full of them. The final decision is ours, and as customers we have the power to decide which companies we support.
A donor gave $75,000 to a nongovernmental, not-for-profit charity with instructions that the funds be transferred to Sam Smith, an individual who lost his home in a fire. The not-for-profit would:
Answer:
B) Record the $75,000 cash and credit a liability
Explanation:
Possible options:
A) Record the $75,000 cash and credit temporarily restricted revenue. B) Record the $75,000 cash and credit a liability C) Do either (a) or (b), depending upon the policy of the not-for-profit D) Not record the transaction.Non-for-profit charities must record all cash donations, but since the funds were donated for an specific purpose, their use is restricted. Therefore, the charity must record a liability (which has a normal credit balance).
State any four uses of funding in a new business
Answer:
Some of these funding options are for Indian business, however, similar alternatives are available in different countries.
Bootstrapping your startup businessCrowdfunding As A Funding OptionGet Angel Investment In Your StartupGet Venture Capital For Your BusinessTimmy is a friend who came by your store after hours to have a beverage and play video games. When Timmy got up to use the restroom in the back of the store, he tripped over a raised piece of floor, causing him to fall and break his nose. You found out about the raised piece of floor yesterday, but you did not fix it because the restroom is for employees only. You owe Timmy:
Answer:
I owe him slip or trip compensation
Explanation:
The reason is that its shop owners responsibility to apply adequate duty of care so that other person don't get affected by the negligence of the shop owner. This negligence has resulted in breaking the nose of Timmy. Hence the shop owner owes Timmy slip or trip compensation and that he must repair that floor under the requirement of OSHA standards. The court may fine the shop owner for not having appropriate health and safety measures for the employees.
James Stillman is an investment adviser representative with Rock, Feller, and Standard (RFS), a covered adviser with its principal office in State O. Stillman works out of an office in State P and has 4 retail clients there. In addition, Stillman has 25 retail clients in State D, 6 retail clients in State M, and 1 retail client in State O. Stillman would be required to register as an investment adviser representative in
Answer:
Stillman should register as an investment adviser representative in state P.
Explanation:
Investment adviser representatives (IARs) must necessarily register in the state that they work in. In this case, Rock, Feller, and Standard (RFS) must be registered in all the states where it has offices functioning, but Stillman only needs to register in the state where his office is. If Stillman worked half year in state P and the other half in state M, then he would need to register in both states. But since this is not the case, then registering in state P should be enough.
A greenfield venture in a foreign market is A. one where the company creates a subsidiary business by setting up all aspects of the operation upon entering the market from the ground up. B. one where foreign facilities and marketing strategies are shared withlocal businesses. C. one where the company learns through training by the foreign entity on how to compete. D. one that supports exports into a foreign market by marketing indirectly thru local rivals. E. one that offers lower risk and a faster path to returns by building in rural areas.
Answer:
A. one where the company creates a subsidiary business by setting up all aspects of the operation upon entering the market from the ground up.
Explanation:
Greenfield Investment is one of the types of foreign direct investment. In this type of investment, new branches of a company are created in different countries. The operational team functions from the parent company. The parent companies have full control over the functioning, control, and quality of the subsidiary companies. The employees are provided with the training of the standard level as proposed by the parent company.
Father Christmas is a retail store that sells a unique Santa made from fur, wool, and tapestry. Of 150 customers wish to buy a Santa from this store, and it sells 120 before running out of stock, what is its service level
Answer:
80%
Explanation:
Calculation for the service level
Using this formula
Service level=Sales/Numbers of customers
Let plug in the formula
Service level=120/150
Service level=0.8*100
Service level=80%
Therefore the service level will be 80%
A method of identifying the legal description of a property is known as what...? Lot and Block Lot Number ACRIS Property Description
Answer:
Lot and Block
Explanation:
The lot and block survey system is a method often used in Real Estate, that gives a legal description used to identify lands or property in subdivided areas and cities. It is otherwise referred to as a recorded plat survey system or the recorded map survey system. It is extensively used in the United States and Canada.
Hence, the right answer to the question is LOT and BLOCK
Hawkins Poultry Farms is considering the purchase of feeding equipment that costs $139,000 and will produce annual cash flows of approximately $36,000 for five years. The equipment is expected to be sold at the end of five years for $40,000. What is the net present value of the proposed investment
Answer:
NPV = $1,564.65
Explanation:
Here is the full question :
Hawkins Poultry Farms is considering the purchase of feeding equipment that costs $139,000 and will produce annual cash flows of approximately $36,000 for five years. The equipment is expected to be sold at the end of five years for $40,000.
What is the net present value of the proposed investment? Hawkins requires a 15 percent return on all capital investments
Net present value is the present value of after tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Cash flow in year 0 = $-139,000
Cash flow each year from year 1 to 4 = $36,000
Cash flow in year 5 = $36,000 + $40,000 = $76,000.
i = 15%
NPV = $1,564.65
To find the NPV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
"A prospective customer has been solicited by a registered representative, and prior to opening an account, the customer wishes to check on the disciplinary background of that registered representative. Which statement is TRUE?"
Explanation:
i love Kayla it the ture statement
Let's assume that a firm produces 40 products. Its total weekly cost (TC) at this output is $1200. This includes TVC and TFC. We also know that the firm employs 3 part-time workers at a wage cost of $200 per worker per week. This is the firm's only variable cost (TVC). What is the firm's average fixed cost (AFC) at this output
Answer:
$15
Explanation:
The computation of the average fixed cost is shown below:
As we know that
Average fixed cost is
= Total fixed cost ÷ Quantity
where,
Total fixed cost is
= Total cost - total variable cost
= $1,200 - $200 × 3
= $1,200 - $600
= $600
And the quantity is 40 products
So, the average fixed cost is
= $600 ÷ 40
= $15
Keith and his team,employees of an online retailing company,are being trained on cyber surveillance and user security.As part of their training,they are working to identify a solution to the problem of cyber-phishing and data breaches.Which of the following forms of group-building methods is being employed by Keith's team?A) Cross-learningB) Action learningC) Adventure learningD) Virtual realityE) Behavior modeling
Answer: Action learning
Explanation:
From the question, we are informed that Keith and his team, employees of an online retailing company, are being trained on cyber surveillance and user security and as part of their training, they are working to identify a solution to the problem of cyber-phishing and data breaches.
The method used is action learning. This means that the group will get an actual problem, solve it, plan and the results will be shown to the team and the organization.
The reserve requirement is 10%. Suppose that the Fed $ worth of U.S. government securities a bond dealer, electronically the dealer's deposit account at Reliable Bank. Which of the following correctly describes the immediate effect of this transaction? A. The total reserves of Reliable Bank by $. B. The excess reserves of Reliable Bank by $. C. The required reserves of Reliable Bank by $. D. Reliable Bank
Answer:
D. The money supply decreases by $150,000.
Explanation:
Note: This question is not complete as some figures are omitted. The full question is therefore presented first before answering the question as follows:
The reserve requirement is 10%.
Suppose that the Fed sells $150,000 worth of U.S. government securities from a bond dealer, electronically debiting the dealer's deposit account at Reliable Bank.
Which of the following correctly describes the immediate effect of this transaction on the money supply?
A. The money supply decreases by $1,500,000
B. The money supply decreases by $135,000.
C. There is no change in the money supply.
D. The money supply decreases by $150,000.
E. None of the above.
The explanation to the answer is now provided as follows:
This is an example of Open market operations (OMO).
Open market operations (OMO) is a monetary policy strategy in which the central bank such as the Federal Reserve sells or purchases government securities in order to implement a particular monetary policy.
When the central bank sells government securities on the open market, it aims to reduce the money supply by the worth of the securities. This is called a contractionary monetary policy.
On the other hand, when the central bank purchases government securities on the open market, it aims to increase the money supply by the worh of the government securities. This is called an expansionary monetary policy.
From the question, the sale of $150,000 worth of U.S. government securities from a bond dealer is a contractionary monetary policy and it will reduce the money supply by exactly $150,000.
Therefore, the correct option is D. The money supply decreases by $150,000.
Product differentiation refers to: consumers who sort and group goods based on similar characteristics. firms who offer similar products to their competitors' products, but that are more attractive in some way. the process of informing the public of differences in products as a result of error. the process of creating a standardized product with a lower-cost method than the competitors' method.
Answer:
firms who offer similar products to their competitors' products, but that are more attractive in some way
Explanation:
Product differentiation is marketing strategy where a firm makes its different from that of its competitors in order to make the product more attractive to consumers
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
A monopolist engages in price discrimination Question 11 options: A) by charging a higher price when marginal cost is lower. B) by charging a higher price to consumers whose demand is more elastic. C) by charging a lower price to consumers whose demand is more elastic. D) by charging the same price to all consumers.
Answer:
C) by charging a lower price to consumers whose demand is more elastic.
Explanation:
A monopoly is when there is only one firm operating in an industry. there is usually high barriers to entry of firms. the demand curve is downward sloping. it sets the price for its goods and services.
An example of a monopoly is an utility company
Price discrimination is when a seller sells the same good at different buyers in different markets.
A seller should sell a good at a higher price to the consumer with a less elastic demand and at a lower price to the consumer with the more elastic demand so as to maximise revenue.
DEF Company is incorporating and coming to market with an initial public offering of common stock. The company has already filed their registration statement and the registration has become effective. The company sees that demand for securities is high, and decides to amend the total amount of common stock that will be offered. Would this amendment be allowable under the rules of the Uniform Securities Act
Answer: Yes. The amendment be allowable under the rules of the Uniform Securities Act.
Explanation:
Based on the scenario that have been provided in the question,the amendment will be allowable under the rules of the Uniform Securities Act.
It should be noted that even though the amendments that are made to a registration statement are not allowed when it's beyond the effective date, there is a limited exception when the modification is made to the amount of securities that are being offered.
There are two ways to calculate the expected return of a portfolio: Either calculate the expected return using the value and dividend stream of the portfolio as a whole, or calculate the weighted average of the expected returns of the individual stocks that make up the portfolio. Which return is higher? (Select the best choice below.) A. The weighted average expected return of the individual stocks is higher because returns are concave. B. Impossible to tell, it depends on the portfolio. C. Neitherboth calculations give the same answer. D. The weighted average expected return of the individual stocks is higher because returns are convex.
Answer:
Correct Answer:
C. Neither, both calculations give the same answer.
Explanation:
In any given business calculation that is expected to arrive at a particular solution, the solution obtained would always be the same irrespective of the method adopted. For the example, the case of expected return of a portfolio in a business, the calculation would definitely give the same answer when two methods are adopted.
Michael Bilkman has an opportunity to buy a perpetuity that pays $12,450 annually. His required rate of return on this investment is 13.25%. At what price would Michael be indifferent to buying or not buying the investment? Round off to the nearest $1.
Select one:
a.
$170,877
b.
$93,962
c.
$83,470
d.
$121,709
Answer:
$266,667.
Explanation:
P / (r-g) = Periodic payment / Interest rate - Growth rate
= 24,000 / (0.12 - 0.03)
= 24,000 / 0.09
= $266,667on:
i think thats it if i am wrong i am very sorry tellme if i am right or wrong.
Food Fanatics caters meals where their cost of producing an extra meal is $25. Each of their meals is standard and sells for $20. At this rate what should the company do?
a. Produce more meals and increase their profit
b. Produce fewer meals and increase their profit
c. Not change production
d. None of the above
Answer:
B
Explanation:
The marginal cost of producing food is $25, which is greater than the price of selling the food.
At this point the firm is incurring a loss. In order to improve profit margins, the firm should reduce the amount of meals been produced, so that profit would increase
XYZ assigns $6,000,000 of its accounts receivables as collateral for a $2 million 8% loan with a bank. Sun Inc. also pays a finance fee of 1% on the transaction upfront. What would be recorded as a gain (loss) on the transfer of receivables
Answer:
$0
Explanation:
Data provided in the question
Account receivable assigned = $6,000,000
For Collateral = $2 million
Percentage = 8%
Finance fee = 1%
Based on the above information, the amount of gain or loss that should be recorded at the time of transfer of receivable is zero as the account receivable is used for a collateral purpose ,not for sale purpose
Therefore, the $0 should be recorded
At the high level of activity in November, 7,000 machine hours were run and power costs were $18,000. In April, a month of low activity, 2,000 machine hours were run and power costs amounted to $9,000. Using the high-low method, the estimated fixed cost element of power costs is
Answer:
$5,400
Explanation:
During a high level of activity in the month of November, 7,000 machine hours were run and the power costs was $18,000
During a low level of activity in the month of April, 2,000 machine hours were run and the power costs was $9,000
The first step is to calculate the variable cost per unit
= (high power cost-low power cost)/(high machine hours-low machine hours)
= ($18,000-$9,000)/(7,000-2,000)
= 9,000/5,000
= 1.8
Therefore, the estimated fixed cost of the power costs can be calculated as follows
= High power cost-high machine hours×variable cost per unit
= $18,000-7,000×1.8
= 18,000-12,600
= $5,400
Hence the estimated fixed cost element of power costs is $5,400
We wish to develop a confidence interval for the population mean. The population follows the normal distribution, the standard deviation of the population is 3, and we have a sample of 10 observations. We decide to use the 90 percent level of confidence. The appropriate value of to represent the level of confidence is ________________.
The recognition of the need for organizations to improve the state of people, the planet, and profit simultaneously if they are to achieve sustainable, long-term growth (Connect Chapter 4) is referred to as
Answer:
The need for organisations (which may be governmental or non-governmental) to improve the condition of living of people and protect their environment whilst they pursue increased profitability has been termed
The Triple Bottomline.
It is also referred to by economists as the 3P - People, Planet and Profit.
It speaks to the fact that other than the usual making financial success the sole metric of measurement by which organisations are evaluated, their impact on people and the environment should be considered as well.
In simple terms, a firm should be termed more successful than others if it's activities besides being profitable also impacts positively on people and protects if not improves the environment.
Cheers!
The occurrence that most likely would have no effect on current year net income is the Group of answer choices sale in current year of an office building contributed by a stockholder in 45 years ago. collection in current year of a dividend from an investment. correction of an error in the financial statements of a prior period discovered subsequent to their issuance. stock purchased 14 years ago deemed worthless in the current year.
Answer:
Correction of an error in the financial statements of a prior period that was discovered before issuance.
Explanation:
A prior period adjustment is the correction of an accounting error that occurred in the past and was recorded on a prior year financial statements which is corrected by adjusting the carrying amount of the impacted assets and liabilities as of the first accounting period reported , with an offset to the beginning retained earning balance in that same period
The retrospective correction of prior period error as described above does not affect the current period figures but only the prior period comparative figures.
The NFL Trust is responsible for which of the following activities? A. Ownership of all team logos and trademarks. B. Oversight and administration of the league's properties rights. C. Distribution of revenue for league properties rights to each club. D. All of these are correct. E. Oversight and administration of the league's properties rights and distribution of revenue for league properties rights to each club.
Answer:
The correct answer is the option D: All of these are correct.
Explanation:
On the one hand, a "trust" is known in the economics and business field as the partnership between two or more companies that produce in the same industry and therefore that the main objective of this new agreement among the partners is to increase the market area or to take more advantage by working together, increasing both parties revenues.
On the other hand, the NFL trust is known to dominate the market of the football league in all its aspects, including all the teams logos and trademarks as well as the organization of the league's properties rights and the distribution of revenue for those concepts.
A member of the city commission insists that the city's internal service fund prepare and submit a budget for commission approval. The commissioner argues that it is only through the budget that the commissioners will be able yo ensure control over the internal service fund. Do you agree or disagree with the commissioner's argument
Answer:
Disagree
Explanation:
In simple words, I will differ with the statement, as I feel that the City Commission will be in a position to monitor the cash flow inside the service delivery resources by providing the expenditure.
There are various sources such as frequent auditing as well as various approvals that has to go through the high command, for using the funds generate.
Thus, the commissioners is arguing wrong perspective with the council.
Certain closing costs will be prorated to account for the period of time during which the seller occupied the house. If a transaction is scheduled to close on September 21 (236 days into a 365-day year), calculate the amount that the buyer will be credited if the particular closing cost in question is estimated to be $1,569 for the entire year
Answer:
Amount will be credit = $1,014.47
Explanation:
Given:
Closing cost = $1,569
Total number of days work = 236 days
Total number of days in year = 365 days
Find:
Amount will be credit.
Computation:
Amount will be credit = Closing cost × [236 / 365]
Amount will be credit = $1,569 × [236 / 365]
Amount will be credit = $1,014.47
An account related with another account on the financial statements that 1) directly reduces the related account and 2) has an opposite normal balance than the related account, is a(n) Multiple Choice Permanent account Temporary account Contra account.
Answer:
Contra account.
Explanation:
A contra account is an account that has an opposite of what is the normal balance for the class of such an account. a company would be able to report the original amount and in so doing also be able to report the reduction and then what is the net amount would be reported. in other words such an account is used to reduce the value of another related account. And thereafter the net value is what is going to be reported.
You are considering acquiring a common share of Sahali Shopping Center Corporation that you would like to hold for 1 year. You expect to receive both $1.25 in dividends and $35 from the sale of the share at the end of the year. The maximum price you would pay for a share today is __________ if you wanted to earn a 12% return. A. $31.25 B. $32.37 C. $38.47 D. $41.32
Answer:
B. $32.37
Explanation:
The computation of the maximum price for paying the share today is shown below:
Let us assume the buying price be x
Now we applying the following formula
Return = (sale price - buy price + dividend) ÷ (buy price)
12% = ($35 - x + $1.25) ÷ x
0.12 = $36.25 - x
1.12x = $36.25
x = $36.25 ÷ 1.12
= $32.37
Hence, the correct option is B.