Answer:
The cash flow from program operation is $1,600,000.
Explanation:
Prepare the Cash Flow from Operating Activities Section to determine the cash flow from program operation.
Cash Flow from Operating Activities
Revenue $3,000,000
Less Expenses :
Operating Expenses $1,000,000
Interest expense $200,000
Management fees $200,000
Depreciation $3,000,000 ($4,400,000)
Operating Profit / (Loss) ($1,400,000)
Add Back Depreciation $3,000,000
Operating Cash flow $1,600,000
The generally accepted accounting principles for trading securities include all of the following except:________a. Initially recording the investment at costb. Subsequently valuing the investment at fair valuec. Including unrealized holding gains and losses as a component of stockholders' equityd. Including interest and dividend revenue as part of income
Answer:
c. Including unrealized holding gains and losses as a component of stockholders' equity
Explanation:
Any unrealized holding gains or losses of Held for Trading securities must be included in the income statement under unrealized gains or losses. They affect net income, because a gain resulting from an increase in market value will increase net income, and a decrease in market will decrease net income.
Which of the following is not a function of Public Accounting firms?
A. Register public accounting firms that prepare audit reports of publicly traded companies.
B. Conduct inspections of registered public accounting firms.
C. Promulgate accounting principles.
D. Establish or adopt auditing standards.
Answer:
C. Promulgate accounting principles.
Explanation:
The public company accounting is a non profit organization, established by an act, which provides regulatory roles for auditors of firms who trade on the stock exchange market.
They are responsible for establishing standards for audits of financial company, sanction registered audit firms and to establish independence standards for auditors of public companies.
Therefore, option 'C' is odd because Financial Accounting Standards Board(FASB) is the only body responsible for promulgating accounting principles.
You have data for compensation of employees, proprietors' income, rental income, and net interest. Can you compute national income?
Answer:
Cant calculate
Explanation:
The National Income is the total amount of income accruing to a country from economic activities in a year's time. It includes payments made to all resources either in the form of wages, interest, rent, and profits. In this case, National income can not be calculated because data in corporate profits is missing .
If a firm has a limited capital budget and too many good capital projects to fund them all, it is said to be facing the problem of
Answer:
"Capital rationing" would be the appropriate answer.
Explanation:
Capital rationing is a systematic process for allocating remaining cash through various alternative investments, thus growing the bottom line of a financial institution. It consists of calculating profitability economic indicators across all projects as well as choosing the best ventures which result in the highest present value especially when associated.
Warehouses have many functions. One of them is to:a. Reduce the response time on a customer's order.b. Reduce the inventory carrying costs of the company.c. Reduce duty rates for the company.d. Increase the response time to a customer's order.
Answer:
The correct answer is the option A: Reduce the response time on a customer's order.
Explanation:
To begin with, the warehouses are the places that the organizations use in order to accumulate inventory near the places of sale so the primary purpose of them is to increase the amount of available stock that could be quickly send to the place of sale and therefore to reduce the response time on a customer's order when they want to buy something that is not currently in stock in the place where the sale is taking place. And that is why that one of the many functions of the warehouse is to achieve that goal of reducing that wait time that the customer might suffer.
A rational person would prefer which of the following cash flows. a. $5,000 per year for 10 years with the first payment made one year from today b. $5,000 per year for 10 years with the first payment made today c. $50,000 paid today d. $25,000 paid today and $25,000 paid next year e. $49,000 paid today
Answer: c. $50,000 paid today.
Explanation:
A rational person rational person would prefer $50,000 paid today. As individuals, we have been shaped in such a way that we live for the present as when we are given an opportunity to receive something now or later, we'll prefer to receive it now.
This is just the normal behavior of a rational human being.
Which of the following items should be included in the pension expense computation for a defined-benefit plan?
a. Both expected return of plan assets and amortization of prior service cost
b. Expected return of plan assets, but not amortization of prior service cost
c. Amortization of prior service cost, but not expected return of plan assets
d. Neither expected return of plan assets nor amortization of prior service cost
Answer:
Option A
Explanation:
In simple words, Pension expense notes the employer 's yearly cost of sustaining the individual employee pension scheme. Businesses who have a pension fund must measure and record the benefits and obligations of the programme on the financial statements.
In order to measure the benefit bill, the company must record the operation and tax rates, the estimated return on the value of the scheme, the amortisation of the value of the former contract and the results of the profits and declines.
Minden Corporation estimates that the following costs and activity would be associated with the manufacture and sale of product A: Number of units sold annually 32,000 Required investment $ 520,000 Unit product cost $ 31 Selling and administrative expenses $ 170,000 If the company uses the absorption costing approach to cost-plus pricing described in the text and desires a 15% rate of return on investment (ROI), the required markup on absorption cost for Product A would be closest to:
Answer:
markup % = 6.71%
markup in $ = $2.4375
selling price per unit = $38.75
Explanation:
budgeted sales units = 32,000
COGS ($992,000)
S&A expenses ($170,000)
required return = $520,000 x 15% = ($78,000)
total cost per unit = ($992,000 + $170,000) / 32,000 = $36.3125
total sales revenue = 32,000 x selling price = $1,240,000
selling price = $1,240,000 / 32,000 units = $38.75 per unit
markup % = (sales price per unit / total cost per unit) - 1 = ($38.75 / $36.3125) - 1 = 6.71%
mark up in $ = $38.75 - $$36.3125 = $2.4375
Box a nongovernmental not-for-profit organization had the following transactions during the year:_______Proceeds from sale of investments $80,000 Purchase of property, plant and equipment $10,000 Proceeds from long-term debt $100,000 Loss on sale of investment $5,000What amount should be reported as net cash provided by financing activities in Box's statement of cash flows? a. $70,000 b. $75,000 c. $80,000 d. $100,000
Answer:
d. $100,000
Explanation:
Proceeds from sale of investments belongs to the Investing activities section of cash flow
Purchase of property, plant and equipment $10,000 belongs to the Investing activities section of cash flow
Proceeds from long-term debt $100,000 belongs to the Financing activities section of cash flow
Loss on sale of investment $5,000 belongs to the operating activities section of cash flow
Hence, the net cash provided by financing activities in Box's statement of cash flow is $100,000
Particulars Amount$
Proceed from long term debt 100,000
Net Financing cash flow $100,000
Advanced Products Corporation has supplied the following data from its activity-based costing system:Overhead Costs:Wages and salaries $300,000Other overhead costs 100,000Total overhead costs $400,000Activity Cost Pool Activity Measure Total ActivitySupporting direct labor Number of direct labor-hours 20,000 DLHsOrder processing Number of customer orders 400 ordersCustomer support Number of customers 200 customersOther This is an organization-sustaining activity Not applicableDistribution of Resource Consumption Across ActivitiesDirect Labor Support Order Processing Customer Support Other TotalWages and salaries 40% 30% 20% 10% 100%Other overhead costs 30% 10% 20% 40% 100%During the year, Advanced Products completed one order for a new customer, Shenzhen Enterprises.This customer did not order any other products during the year.Data Concerning the Shenzhen Enterprises Order:Units ordered 10 unitsDirect labor-hours 2 DLHs per unitSelling price $300 per unitDirect materials $180 per unitDirect labor $50 per unitRequired:1. Prepare a report showing the first-stage allocations of overhead costs to the activity cost pools.2. Compute the activity rates for the activity cost pools.(Round "Direct labor support" to 2 decimal places)3. Compute the overhead costs for the order from Shenzhen Enterprises, including customer support costs.
Answer:
1. First stage allocations of overhead costs to the activity cost pool
D.L.S$ O.P$ C.S$ Others$ Total$
Wages and Salaries 120,000 90,000 60,000 30,000 300,000
Other overhead costs 30,000 10,000 20,000 40,000 100,000
Total Cost 150,000 100,000 80,000 70,000 400,000
Note: D.L.S = Direct labor support, O.P = Order processing, C.S = Customer support
2. Computation of activity rates
Direct labor support
Total cost = $150,000
Total Activity = 20,000 direct labor hours
Activity rate = $150,000 / 20,000 DHL = $7.50 per DHL
Order Processing
Total cost = $100,000
Total Activity = 400 Orders
Activity rate = $100,000 / 400 DHL = $250 per Order
Customer Support
Total cost = $80,000
Total Activity = 200 Customers
Activity rate = $80,000 / 200 Customers = $400 per Customers
3. Computation of the overhead costs for the Shenzhen Enterprises Order
Direct labor Support
Activity Rate = $7.50 per DLH
Activity = 20 DHL
Cost = $7.50 per DHL* 20 DHL = $150
Order processing
Activity Rate = $250 per order
Activity = 1 order
Cost = $250 per order * 1 order = $250
Customer support
Activity Rate = $400 per customer
Activity = 1 Customer
Cost = $400 per Customer * 1 Customer = $400
Total Overhead Cost = $150 + $250 + $400
Total Overhead Cost = $800
Total Overhead Cost for the Shenzhen Enterprises Order is $800
The activity rate is the ratio between the number of active people (employed and unemployed) and the total number of people involved, this is calculated as one of the significant part of Activity-based Costing.
What is ABC Costing?
Activity-based (ABC) is a cost-effective method that identifies activities in an organization and provides the cost per job for all products and services depending on the actual use of each.
This model, therefore, offers an overhead cost over direct costs compared to normal costs.
1. As per the information provided, the report showing the first-stage allocations of overhead costs to the activity pools is calculated and presented in the image below.
2. Calculation of activity rates of Advanced Products Corporation:
[tex]\rm\,Direct\; Labor \;Support:\\\\Total \;Cost = \$150,000\\\\Total \;Activity = 20,000 Direct\; Labor\; Hours\;(DLH)\\\\Activity \;Rate = \dfrac{\$150,000}{20,000} \rm\,DLH\\\\ Activity \;Rate =\$7.50 \;per\; DLH[/tex]
Calculating further the activity rate of Order processing and customer support:
[tex]\rm\, Order \;Processing:\\\ \rm\,Total \;cost = $100,000\\\\ \rm\,Total \;Activity = 400 Orders\\\\\\rm\,Activity\; rate = \dfrac{\$100,000}{400}\rm\,Direct \,Labour \,Hours \\\\\\\rm\,Activity rate == $250\; per\; Order\\\\\ \rm\,Customer Support:\\\\ \rm\,Total \;Cost = $80,000\\\\ \rm\,Total\; Activity = \rm\,200\; Customers\\\\ \rm\,Activity \;rate = \rm\, \dfrac{\$80,000}{200 }\;Customers\\\\\rm\, Activity \;rate = \rm\,\$400 \rm\,\;per\; Customers[/tex]
3)Computation of the overhead costs for the Shenzhen Enterprises Order:
[tex]\rm\,Direct \;labor \;Support:\\\\Activity \;Rate = $7.50 \;per \;DLH\\\\Activity = 20 \;DLH\\\\\rm\,Cost = \$7.50 \rm\, Per DHL \times 20 \rm\,DHL \\\\\rm\,Cost = \$150[/tex]
[tex]\rm\,Order \;processing:\\\\Activity\; Rate = \$250 per \;order\\\\Activity\; = 1 \;order\\\\Cost = \$250 \rm\;per \;order \times 1 \;order \\\\Cost = \$250[/tex]
Calculating further the activity rate of customer support:
[tex]\rm\,Customer\; support:\\\\Activity \;Rate = \$400 \;per\; customer\\\\Activity = 1 \;Customer\\\\Cost = \$400 \rm\;per \;Customer \times 1 \;Customer \\\\Cost = \$400[/tex]
Total Overhead Cost is ($150 + $250 + $400),Total Overhead Cost for the Shenzhen Enterprises Order is $800
Thus, as per the information, the activity rates of Advanced products corporation and the total overhead costs of Shenzhen Enterprises are calculated by applying the costing method given under ABC Analysis.
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Which of the following do not qualify as potential driving forces capable of inducing fundamental changes in industry and competitive conditions?
A) Changes in who buys the product and how they use it, and changes in the long-term industry growth rate.
B) Changes brought about by the entry or exit of major firms, product innovation, and marketing innovation and cost efficiency.
C) Changes in the economic power and bargaining leverage of customers and suppliers, growing supplier-seller collaboration, and growing buyer-seller collaboration.
D) Changes in buyer preferences for differentiated products instead of mostly standardized or identical products.
E) Changes in economies of scale and experience curve effects brought on by changes in manufacturing technology and new Internet capabilities.
Answer:
C) Changes in the economic power and bargaining leverage of customers and suppliers, growing supplier-seller collaboration, and growing buyer-seller collaboration.
Explanation:
Competition is the process by which firms in a market use their unique characteristics to gain a larger market share from other firms.
They use competitive advantages like price, quality, service, and so on to attract more customers to them.
As far as customer still buy the same products, major firms do not come into the market, and new innovation is not introduced, the competitive conditions in the market will be maintained.
A changes in the economic power and bargaining leverage of customers and suppliers will not change competitive climate. Because buyers are not changing preferences.
They maintain the suppliers they were doing business with.
What is the monthly payment on a $110,000 mortgage? Assume a standard 30-year, 5.4% mortgage with monthly payments.
Answer:
the monthly payment on a $110,000 mortgage is $617.68.
Explanation:
The Monthly payments, PMT on the mortgage can be determined using a Financial Calculator as follows :
Pv = $110,000
n = 30 × 12 = 360
r = 5.4 %
P/yr = 12
Fv = $ 0
PMT = ?
Using a Financial Calculator, the Monthly payments, PMT on the mortgage is $617.68
Addy company has 2 products: A and B. The annual production and sales of Product A is 1700 units, and the annual production and sales of Product B is 1100 units. The company has traditionally used Direct Labor Hours to apply all manufacturing overhead to products.Product A requires 0.3 Direct Labor Hours per unit.Product B requires 0.6 Direct Labor Hours per unit.Total estimated overhead for the period is $98,785The company is considering switching to an Activity Based Costing system. The new ABC system would have 3 overhead cost pools, with overhead costs and activity as follows: Estimated Overhead Expected ActivityActivities Cost Product A Product B Product CActivity 1 $30,528 1000 MH 600 MH 1600 MHActivity 2 $17,385 1700 Setups 200 Setups 1900 SetupsTotal $50,872 510 DLH 660 DLH 1170 DLHThe pre-determined overhead rate under the traditional costing system is closest to:a. $9.15.b. $43.48.c. $84.43.d. $19.08.
Answer:
Addy
Predetermined overhead rate
c. $84.43
Explanation:
a) Data and Calculations:
Product A requires 0.3 Direct Labor Hours per unit.
Product B requires 0.6 Direct Labor Hours per unit.
Total estimated overhead for the period is $98,785
Direct Labor Hours for A = 510
Direct Labor Hours for B = 660
Total Direct Labor Hours = 1,170
b) Addy's two products will have a predetermined overhead rate that is equal to $98,785/1,170, which is $84.43. The predetermined overhead rate results from the division of the total estimated overhead for the period by the total number of direct labor hours for products A and B. Addy applies this rate to each product based on the level of direct labor hours used in order to ascertain the amount of overhead attributable to the product.
Margaret incurred one personal casualty loss caused by a federally declared major disaster in 2019. The amount of the loss, after all reimbursements had been subtracted, is $2,500. Margaret's AGI is $35,000. What is the amount of her casualty loss deduction
Answer:
$0
Explanation:
There are two Step for the computation of casualty loss deduction if the casualty loss is personal
Step 1 Reduce $100 per casualty event from the casualty loss
Step 2 Reduce 10% of the AGI from the amount you get from step 1
Data
Loss = $2,500
AGI = $35,000
Deduction =?
Solution
Step 1 = $2,500 - $100 = $2,400
Step 2: $2,400 - ($35,000 x 10%) = $0
If the amount in step 2 is $0 then the person is not eligible for casualty loss deduction
If the appropriate discount rate for this bond is 6%, what would you be willing to pay for ABC’s bond?
Question:
Suppose there is a bond in ABC Company that that pays coupons of 8.5%, and suppose that these coupons are paid annually.
Suppose the face value of the ABC bond is $1000 and the maturity is 11 years.
If the appropriate discount rate for this bond is 6%, what would you be willing to pay for ABC’s bond?
Answer:
Price of bond = $ 1197.17
Explanation:
The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).
Value of Bond = PV of interest + PV of RV
The price of the bond can be worked out as follows:
Step 1
PV of interest payments
Annual Interest payment = 8.5%× 1000 = 85
Annual yield = 6%
Total period to maturity (in years) = 11
PV of interest =
85 × (1- (1+0.06)^(-11)/)/0.06 = 670.38
Step 2
PV of Redemption Value
= 1,000 × (1.06)^(-11) = 526.78
Step 3:
Price of bond
670.38 + 526.78= 1,197.17
Price of bond = $ 1197.17
The more candy bars you eat each day, the more weight you gain (if all other factors are equal). Is this an example of a direct or an indirect proportion
Answer:
direct proportion
Explanation:
Direct proportion is a term that describes a relationship between two elements under observation, in which an increase or decrease in one element leads to an increase or decrease in the other element accordingly.
Therefore, in this situation, given that, the more candy bars you eat each day, the more weight you gain is a perfect example of DIRECT PROPORTION.
You work as an assistant coach on the university basketball team and earn $15 per hour. One day, you decide to skip the hour-long practice and go to the movie theater instead, which has an admission fee of $9. The total cost (valued in dollars) of skipping practice and going to the movies (including the opportunity cost of time) is
Answer:
Total cost = $24
Explanation:
In economics total cost is a combination of the amount actually paid for a product or activity and the forgone benefit of buying another product or doing another activity.
Opportunity cost is defined as the forgone alternative of doing a particular activity. For example of you can buy ice cream or a book, if you buy a book you forgot the pleasure you would have derived from taking the ice cream.
In this instance the actual cost of going to the movie is $9 while the foregone alternative is the $15 you would have earned as a coach.
Therefore
Total cost = 15 + 9 = $24
What is the risk posture for each particular system as it contributes to the overall risk posture of the organization
Please find attached full question Answera and Explanation:
Risk posture or cybersecurity posture is the general status or overall defense of the cybersecurity program in place in an organization to guard against cyber attacks and data breaches. For a company to maintain reasonable cyber security posture as there is no fool proof cybersecurity posture, there is need for regular continuous assessment of risk exposures and potential loopholes across the company's digital infrastructure. There are different digital and sophisticated infrastructures utilized by am organizations and most if not all are well prone to cyber attacks. These infrastructures are used by employees for work e. g-email, went servers, phones, networking devices and cloud programs etc . Therefore each employee must be educated in the need to safeguard company data by looking out for traps set by cyber attackers such as phishing in email and many other loopholes. Vulnerability tests need to be performed at regular intervals and reports monitored and analyzed to protect against a potential source of cyber attack.
Claire purchases an eight-year callable bond with a 10% annual coupon rate payable semiannually. The bond has a face value of 3,000 and a redemption value of 2,800. The purchase price assumes the bond is called at the end of the fourth year for 2,900, and provides an annual effective yield of 10.0%. Immediately after the first coupon payment is received, the bond is called for 2,960. Claire’s annual effective yield rate is i. Calculate i.
Answer:
12.41%
Explanation:
yield to call = {coupon + [(call value - market value)/n]} / [(call value - market value)/2]
0.05 = {150 + [(2,900 - market value)/8]} / [(2,900 - market value)/2]
0.05 x [(2,900 - market value)/2] = 150 + [(2,900 - market value)/8]
0.05 x (1,450 + 0.5MV) = 150 + 362.5 - 0.125MV
72.5 + 0.025MV = 512.5 - 0.125MV
0.15MV = 440
MV = 440 / 0.15 = $2,933.33
Claire's total returns = $150 (coupon) + ($2,960 - $2,933.33) = $176.67
Claire's return on investment = $176.67 / $2,933.33 = 6.02273%
effective annual yield = (1 + 6.02273%)² - 1 = 12.41%
Cherokee Inc. is a merchandiser that provided the following information: Number of units sold 14,000 Selling price per unit $ 16.00 Variable selling expense per unit $ 1.00 Variable administrative expense per unit $ 1.00 Total fixed selling expense $ 20,000 Total fixed administrative expense $ 13,000 Beginning merchandise inventory $ 12,000 Ending merchandise inventory $ 23,000 Merchandise purchases $ 87,000 Required: 1. Prepare a traditional income statement. 2. Prepare a contribution format income statement. HintsReferenceseBook
Answer:
Results are below.
Explanation:
First, we need to calculate the cost of goods sold:
COGS= beginning finished inventory + cost of goods purchased - ending finished inventory
COGS= 12,000 + 87,000 - 23,000
COGS= $76,000
Traditional format income statement:
Sales= 14,000*16= 224,000
COGS= (76,000)
Gross profit= 148,000
Total selling expense= (20,000 + 14,000*1)= (34,000)
Total administrative expense= (13,000 + 14,000*1)= (27,000)
Net operating income= 87,000
Contribution format income statement:
Sales= 14,000*16= 224,000
Total variable cost= (76,000 + 14,000 + 14,000)= (104,000)
Contribution margin= 120,000
Total fixed selling expense= (20,000)
Total fixed administrative expense= (13,000)
Net operating income= 87,000
Answer is First, we need to calculate the cost of goods sold:
When COGS= beginning finished inventory + cost of goods purchased - ending finished inventory
Then COGS= 12,000 + 87,000 - 23,000
After that COGS is= $76,000
Then the Traditional format income statement that is: Sales= 14,000*16= 224,000 COGS= (76,000) Gross profit= 148,000 So that the Total selling expense= (20,000 + 14,000*1)= (34,000) Total administrative expense= (13,000 + 14,000*1)= (27,000) Net operating income= 87,000 Contribution format income statement: Sales= 14,000*16= 224,000 Total variable cost= (76,000 + 14,000 + 14,000)= (104,000) Contribution margin= 120,000 When the Total fixed selling expense is= (20,000) Total fixed administrative expense= (13,000)Net operating income= 87,000
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Mr. Saso is currently holding $10,000,000 worth of Exxon mobile stock in his portfolio. In order to hedge his position Mr Saso should
Answer:
B. Write a put option on $10 million worth of Exxon Mobile
Explanation:
In order to hedge or reduce the risk Mr Saso should be writing a put option as it permits to sell the stock at the price i.e. predetermined. In case when there is a drop in price that falls the position so it would not be destroyed and therefore the profits could be made
The other option i.e. c and d are not correct as there is no requirement of call option and also long position
And, the option a is also wrong because in this it considered buying the particular amount not for selling it
Hence, the correct option is B
For each of the following variables, determine whether the variable is categorical or numerical. If the variable is numerical, determine whether the variable is discrete or continuous. In addition, determine the measurement scale a. Number of cellphones in the household b. Whether there is a high-speed Internet connection in the household c. Distance (in miles) from a person's house to the nearest store d. Number of text messages exchanged per month e. Time in hours spent exercising per week a. Number of cellphones in the household is what kind of variable? A. This variable is a categorical variable that is ordinal-scaled. B. This variable is a discrete numerical variable that is interval-scaled. C. This variable is a continuous numerical variable that is interval-scaled. D. This variable is a continuous numerical variable that is ratio-scaled. E. This variable is a categorical variable that is nominal-scaled. F. This variable is a discrete numerical variable that is ratio-scaled. b. Whether there is a high-speed Internet connection in the household is what kind of variable? A. This variable is a discrete numerical variable that is interval-scaled. B. This variable is a continuous numerical variable that is interval-scaled. C. This variable is a categorical variable that is ordinal-scaled. D. This variable is a categorical variable that is nominal-scaled. E. This variable is a continuous numerical variable that is ratio-scaled. F. This variable is a discrete numerical variable that is ratio-scaled. c. Distance (in miles) from a person's house to the nearest store is what kind of variable? A. This variable is a continuous numerical variable that is interval-scaled. B. This variable is a categorical variable that is ordinal-scaled. C. This variable is a categorical variable that is nominal-scaled. D. This variable is a discrete numerical variable that is interval-scaled. E. This variable is a continuous numerical variable that is ratio-scaled. F. This variable is a discrete numerical variable that is ratio-scaled. d. Number of text messages exchanged per month is what kind of variable? A. This variable is a discrete numerical variable that is interval-scaled. B. This variable is a continuous numerical variable that is interval-scaled. C. This variable is a categorical variable that is ordinal-scaled. D. This variable is a continuous numerical variable that is ratio-scaled. E. This variable is a discrete numerical variable that is ratio-scaled. F. This variable is a categorical variable that is nominal-scaled. e. Time in hours spent exercising per week is what kind of variable? A. This variable is a continuous numerical variable that is interval-scaled. B. This variable is a discrete numerical variable that is ratio-scaled. C. This variable is a categorical variable that is ordinal-scaled. D. This variable is a categorical variable that is nominal-scaled. E. This variable is a discrete numerical variable that is interval-scaled. F. This variable is a continuous numerical variable that is ratio-scaled.
Answer:
A. This variable is a discrete numerical variable that is ratio scaled
b..This variable is a categorical variable that is nominal scaled
C. This variable is a continuous numerical variable that is interval scaled
D. This variable is a discrete numerical variable that is ratio scaled
E.This variable is a continuous numerical variable that is ratio scaled
Explanation:
This is because we know that
Interval scale has the variable that has ordering that is its is scaled with respect to who comes first and has e measure of the distance between different categories
While
Ratio scale is similar to interval scaled but with a reference equal same as zero.
A logistics synchronization matrix allows joint logistician to monitor progress by which two of the following?
a. displaying the level of risk in which the logistician must operate
b. displaying the logistician's responsibilities for integration
c. displaying the timeline in which the logistician must complete tasks
d. displaying the logistician's critical tasks
Answer:
b. displaying the logistician's responsibilities for integration
d. displaying the logistician's critical tasks
Explanation:
Logistics synchronization matrix is a term that is used to describes an efficiency and decisionmaking mechanism, that enhances contemporary strategic planning and coordinates the subsequent operations or scheduled actions.
Hence, in this case, logistics synchronization matrix allows joint logistician to monitor progress by two of the following:
1. displaying the logistician's responsibilities for integration
2. displaying the logistician's critical tasks
Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 37,000 shares authorized, 19,200 shares issued, and 14,800 shares of common stock outstanding. The journal entry to record the dividend declaration is:
A. Debit Common Dividends Payable $7,400; credit Cash $7,400.
B. Debit Retained Earnings $9,600; credit Common Dividends Payable $9,600.
C. Debit Common Dividends Payable $9,600; credit Cash $9,600.
D. Debit Retained Earnings $18,500; credit Common Dividends Payable $18,500.
E. Debit Retained Earnings $7,400; credit Common Dividends Payable $7,400.
Answer:
E. Debit Retained Earnings $7,400; credit Common Dividends Payable $7,400.
Explanation:
The Journal entry is shown below:-
Retained earnings Dr, $7,400 (14,800 × $0.50)
To Common dividend Payable $7,400
(Being dividend declaration is recorded)
Here to record the dividend declaration we simply debited the retained earnings as it decreased the stockholder equity and credited the common dividends payable as it increased the liability
So the correct option is D.
when comparing companies in different industries a higher profit margin always indicates which company has better management
Answer: B. When comparing companies in different industries, a higher profit margin always indicates which company has better management performance
Explanation:
The profit margin refers to how much profit the company is making given the amount of sales it makes. It is therefore very dependant on the expenses incurred by the company.
This is why comparing management in different industries by using the Profit margin is like comparing apples and oranges. Industries are different and so are their methods of operation. One industry might require more expenses than another and still only make less sales which would impact it's profit margin negatively.
Profit Margin is best used for companies in the same industry.
The percentage of homes in a given area that are watching television during a specific time period is referred to as:__________. A. households using television. B. ratings point. C. program rating. D. share of audience. E. total audience.
Answer:
A. households using television
Explanation:
Households using television is a term used by Nielson Media Research to represent the total number of households that have their televisions on in a particular area compared to the total number of houses with televisions.
For example this can be calculated in a one hour period to see the percentage of households that watch television within that time frame.
Rating on the other hand calculates number of households watching a particular programme.
The formula for this is
Household using television = Rating ÷ Share
JoAnn Fabrics Inc. has created a new combination of colors and fabric types. The firm wants to know how consumers will perceive the new product. The firm is concerned with the product ________.
A) idea
B) displacement
C) image
D) activation
E) placement
Answer:
C) Image
Explanation:
In this case, the company is concerned with the image of the product, for having created a product with different characteristics and wants to know what consumers will perceive about the new product.
The image of a product can directly affect the acceptance that will make the consumer have the desire to buy the product, because the image is the physical representation of a consumer's wishes and needs when purchasing a good, so it is necessary that companies align the strategy of product development and its functionalities to an image that corresponds to the product's identity and generates the expected value to the consumer.
Operations is concerned with_______while marketing is concerned with________.a. demand, quality.b. efficiency, cost.c. supply, demand.d. demand, supply.e. none of the above.
Answer: demand; supply
Explanation:
Operations is concerned with demand while marketing is concerned with supply. It is function of those in the operations department to use the available raw materials to create products that consumers have demanded.
The marketing department is in charge of making sure people purchase the product and supply to them.
Which one of the following statements about best practices is false?
a. Because using best practice methodology to perform an activity produces superior outcomes, those outcomes serve as a benchmark or standard for determining how well a particular organization performs that activity.
b. The more that a company's organizational units use best practices in performing their work, the closer the company moves toward performing its value chain activities more effectively and efficiently.
c. Implementing use of a best practice involves radically redesigning and streamlining how an activity is performed, with the intent of achieving quantum improvements in performance.
d. A best practice can evolve over time as improvements are discovered.
e. Normally, the best practices utilized by other organizations have to be adapted to fit the specific circumstances of a company's own business and operating requirements.
Answer:
e. Normally, the best practices utilized by other organizations have to be adapted to fit the specific circumstances of a company's own business and operating requirements.
Explanation:
The best practices are the guidelines, ideas that are set by the company in order to run an organization in a better way. It is created by the regulators or the government bodies.
So going through the options, the option e is false as it reflects that it should be fit according to the specific needs and requirements of the business as well as the operating one
So this option would be considered
Noah is in the process of getting organized. Which of the following actions should he take during this time? Check all that apply.A. Noah should inform his employees of the activities he wants them to do for him.B. Noah should put all of his important projects into a calendar that he looks at every day.C. Noah should get to work and take action on all of his organized projects and commitments.D. Noah should write down a list of all of the actions he needs to take so that he will have a reminder of what he needs to do when he needs to do it.
Answer:
B. Noah should put all of his important projects into a calendar that he looks at every day.
D. Noah should write down a list of all of the actions he needs to take so that he will have a reminder of what he needs to do when he needs to do it.
Explanation:
Getting organized means that one is putting things into a coherent order to enable them to be able to achieve the things they want to achieve more efficiently. An organized person is able to note the plans that they have, how they want to achieve such plans and the resources they will need to do so as well.
As Noah is getting organized, he should come up with a list of actions he will need to take to achieve his goals and write them down so that he is constantly reminded of them and it does not slip his mind.
A way to remember such actions is to put them into a calendar that he will look at every day. This will remind him that he has things to do and put the pressure on him to do so.