Answer:
The Intrinsic value is calculated by multiplying the Earnings per share by the P/E ratio.
1. The lowest P/E ratio is 21.37 so the intrinsic value is;
Intrinsic value = 2.1 * 21.37
= $44.88
2. Highest P/E ratio is 23.49
Intrinsic value = 2.1 * 23.49
= $49.33
3. The average P/E ratio is;
= (22.07 + 23.49 + 21.37)/3
= 22.31
Intrinsic value = 2.1 * 22.31
= $46.85
At the time when products and services are produced or provided to customers, which functional area is responsible for ensuring that those products and services meet high quality standards?
Answer: operations
Explanation:
At the time when products and services are produced or provided to customers, the functional area that is responsible for ensuring that those products and services meet high quality standards is operations.
The people in the operations department are in charge of managing activities that relates to production of goods and services. Some if their functions are managing operations, embracing design, performance improvement, planning, control, and operations strategy.
Big Dom’s Pawn Shop charges an interest rate of 26.8 percent per month on loans to its customers. Like all lenders, Big Dom must report an APR to consumers. What rate should the shop report? What is the effective annual rate?(I current have APR = 321.6? not sure if it is right but get 2.130774 for the EAR ?)
Answer:
the EAR is 1627.552%
Explanation:
The computation of the effective annual rate is shown below:
The annual percentage rate will be
= 26.8% × 12
= 321.6%
Now as we know that
Effective annual rate = (1 + Annual percentage rate ÷ m)^m - 1
where
m = number of compounding periods = 12
So,
Effective annul rate is
= (1 + 0.268)^12 - 1
= 16.275517
= 1627.552%
hence, the EAR is 1627.552%
Gulph Company reported the following results for May: sales $200,000, variable costs $120,000 and fixed costs $60,000. What amount of sales are required in June to achieve $50,000 of net income?
Answer:
Break-even point (dollars)= $275,000
Explanation:
Giving the following information:
sales $200,000
variable costs $120,000
fixed costs $60,000
desired profit= $50,000
To calculate the sales required to achieve the desired profit, we need to use the break-even point in dollars formula:
Break-even point (dollars)= (fixed costs + desired profit) / contribution margin ratio
Break-even point (dollars)= (60,000 + 50,000) / [(200,000 - 120,000)/200,000]
Break-even point (dollars)= 110,000 / 0.4
Break-even point (dollars)= $275,000
Listed options on U.S. exchanges are available on all of the following currencies except:_________.A) Canadian dollar. B) Japanese yen. C) U.S. dollar.D) Euro.
Answer:
C
Explanation:
On the US exchanges, other world currencies are available for option contracts. The US currency is the base currency used for these options. So, the US dollar cannot be listed again for an options contracts, There cannot be an options contract of the US dollar against the US dollar
Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next 8 years because the firm needs to plow back its earnings to fuel growth. The company will then pay a dividend of $16.50 per share 9 years from today and will increase the dividend by 5.75% per year thereafter. The required return on the stock is 13.75%. What is the price of the stock 8 years from today? What is the current share price?
Answer:
The price of the stock 8 years from today will be $206.25
The current price of the stock is $73.58
Explanation:
The constant growth model of DDM is used to calculate the price of a stock whose dividends are expected to grow at a constant rate. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D1 / (r - g)
Where,
D1 is the dividend expected for the next period or D0 * (1+g)r is the required rate of returng is the constant growth rateTo calculate the price today, we use the dividend expected for the next year/period. Thus, to calculate the price at Year 8 or P8, we will use the dividend in Year 9 or D9.
P8 = D9 / (r - g)
P8 = 16.5 / (0.1375 - 0.0575)
P8 = $206.25
To calculate the current price of the stock, we will discount back the price at Year 8 to today. We will use the present value formula. The present value of an amount is,
PV = FV / (1+r)^n
Where,
FV is the future valuen is the number of years or periodr is the required rate of returnPV or P0 = 206.25 / (1+0.1375)^8
PV or price today = $73.58
relationship marketing is the focuses serving exsiting costumers instead of constantly trying to find new costumers. the main argument for this apporach is that
Answer:
It draws positive emotions from the customer towards the particular brand.
Explanation:
Given that Relationship Marketing seeks to build and keep the existing and life long relationship between the brand or producer and the customer. The main argument for this approach is that it draws positive emotions and intense interest or want from the customer towards a particular brand. Thereby making the brand or producer keep delivering products or services to the customers.
Marcus, feeling stressed out from work, decided to search for a meditation app for his phone that would help him relax during the day. One app, CalmDown, appeared to be promising. It didn't have any reviews yet and looked to be a brand-new app, so he decided to try it out. He downloaded the app to his phone and opened it up. The first screen required he enter in his name and email address. At the very bottom of the screen it had some small writing, but Marcus didn't notice it and hit the continue button.
Had Marcus clicked on the link at the bottom of the screen, he would have seen the following:
The second screen stated "Three-day trial version- Free! $59.99 annual fee thereafter." Marcus was annoyed that the app would cost him almost $60 but figured he would set a reminder on his phone to cancel the app before the trial period expired so he wouldn't get charged. Plus, he wanted to see the app in action. If it was actually worth the price, he wouldn't mind paying the annual fee. He clicked "Continue" and put in his bank card information on the next screen. The following screen asked Marcus a series of questions about his stress level and what he felt caused stress in his life. He clicked "high" and "work" as the level and cause. He then completed the first CalmDown meditation in the app, but was not impressed with its functionality. Deciding he would cancel his subscription immediately, he went into the profile settings to try to find the cancel option but couldn't. He searched every possible place on the app but didn't see a way to cancel the subscription. Marcus decided to try to find the app's developer through their website, but a quick search didn't turn up anything. Already stressed and becoming more frustrated, Marcus decided to contact the app store. They informed him that he should be able to go into his app store account and cancel the subscription there. However, when Marcus went there, he didn't see the app as an option or as a subscription. Thinking that maybe his subscription didn't process, he just deleted the app from his phone.
Marcus didn't give the app or the subscription any more thought, becoming increasingly more distracted by the amount of stress at work. Four months later, Marcus was looking at his bank account online and noticed it was lower than it should have been. He began reviewing the charges and noticed multiple charges for $59.99 to a merchant named "CDgotU." He immediately remembered the app and contacted his bank to dispute the charges. His bank replied that due to the charges being debit withdraws he needed to dispute them within 2 days of being made. Moreover, if he had been diligent about watching his account, they could have put a block on the account and the remaining fraudulent charges would have been prevented. The bank representative also told him that he should try to get a refund from the company that charged him. After making his case with the bank representative for several hours about how he tried to cancel his subscription, he was unsuccessful. The bank's representative was able to provide Marcus a phone number attached to the Merchant account, but when Marcus called the number it was disconnected. The bank could not provide him with any additional information such as a company address or website.
After more internet searching, Marcus saw a number of other complaints online about the app, and noticed it had been removed from the app store and was no longer available for download. Marcus decided to bring an action against the company for fraud, breach of contract, conversion, and several other claims in his home state of Vermont.
The maker of CalmDown argues that it should not be subject to the jurisdiction of any state court other than Alaska. Which of the following, if true, is CalmDown's best argument against being subject to any other state's jurisdiction?
a. It merely conducted some activity outside of Alaska and that activity took place through a website.
b. This is not a federal question.
c. Its principle place of business is Alaska and it does not have locations in any other state.
d. The amount in controversy is not over $75,000.
Answer: a. It merely conducted some activity outside of Alaska and that activity took place through a website.
Explanation:
CalmDown can use the defence that all it did was to conduct an activity through it's website and this happened to be outside Alaska.
As such the company is still bound by the state that it is registered in which in this case would seem to be in Alaska. They are not to be bound by the laws of another jurisdiction from the one they are registered to if the activity was done on the internet.
Marcus should therefore try to bring action against them in Alaska if he can.
Andy views beer and pizza as complements to one another. If the price of pizza decreases, economists would expect:
Answer:
Andy's demand of beer would increase
Explanation:
Complementary goods are goods that are consumed together e.g. bread and jam
If the price of a good increases, the demand of the complementary good decreases and if the price of a good decreases, the demand for the complementary good increases
The decrease in the price of pizza would increase the quantity demanded of pizza and increase the demand for beer
If Andy views beer and pizza as complements to one another, economists would generally expect the following in response to a decrease in the price of pizza.
When the price of pizza decreases, it becomes relatively cheaper compared to beer. As a result, consumers like Andy may be more inclined to purchase pizza, which can lead to an increase in the demand for pizza.
However, since beer and pizza are complements, the increase in pizza consumption would likely lead to a higher demand for beer as well. Andy may choose to buy more beer to enjoy alongside the now more affordable pizza.
Therefore, economists would expect that a decrease in the price of pizza would be associated with an increase in the demand for beer, as they are viewed as complementary goods by Andy.
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The common stock of Olmsted Repair sells for $47.92 a share. The stock is expected to pay $2.28 per share next year when the annual dividend is distributed. The company increases its dividends by 1.65 percent annually. What is the market rate of return on this stock
Answer:
64%
Explanation:
The common stock for Olmsted repair is sold at $47.92
The stock is expected to make a payment of $2.28 when the next annual dividend is distributed
The company increases its dividend by 1.65%
= 1.65/100
= 0.0165
Therefore, the market rate of return on the stock can be calculated as follows
= div/Po + g
= 2.28/47.92 + 0.0165
= 0.0475+ 0.0165
= 0.064
= 64%
Hence the market rate of return on the stock is 64%
Accounting for debt investmentsAdvance & Co. owns vast amounts of corporate bonds. Suppose Advance buys 51,100,000 of FermaCo bonds at face value on January 2, 2018. The FermaCo bonds pay interest at the annual rate of 3% on June 30 and December 31 and mature on December 31, 2037. Advance intends to hold the investment until maturityRequirements1. Journalize any required 2018 entries for the bond investment.2. How much cash interest will Advance receive each year from FermaCo?3. How much interest revenue will Advance report during 2018 on this bond investment?
Answer:
1) January 2, 2018, investment in FermaCo bonds
Dr Investment in FermaCo bonds 51,100,000
Cr Cash 51,100,000
June 30, 2018, coupon payment received from FermaCo bonds
Dr Cash 766,500
Cr Interest revenue 766,500
December 31, 2018, coupon payment received from FermaCo bonds
Dr Cash 766,500
Cr Interest revenue 766,500
2) cash interest received per year = $766,500 x 2 = $1,533,000
3) interest revenue reported from investment in FermaCo bonds = $1,533,000
Since bond market values are expressed as a percentage of their bond value, a $1,000 bond that is being sold at 93 would be trading at $ __________.
Answer:
Since bond market values are expressed as a percentage of their bond value, a $1,000 bond that is being sold at 93 would be trading at $ __________.
$930
Explanation:
a) Calculation:
93% of $1,000 = $930
b) Let assume that Jophas Company sells its bond at $930. It implies that the bond is being sold at a discount. The bond is discounted when its selling price of $930 is less than the face value of $1,000. The bondholders are paying less than they would be paid at the bonds' maturity. At maturity, the bondholders will be paid $1,000 for each of the bonds they hold. This is in addition to the coupon payments that will be paid by the company periodically.
Question 1 If the currency of your country is depreciating, the result should be to ______ exports and to _______ imports.
une 1, Year 1 Oxian Corp. receives $24,000 from a customer for work to be performed evenly over the next 2 years. What is the amount of revenue that Oxian should recognize on the December 31 income statement for Year 1
Answer:
$12,000
Explanation:
It is important to remember that revenue is recognized when entity transfers control of a good or a service.
It is also important to remember that revenue can be recognized at a point in time or over time. In our scenario revenue is recognized over time that is over a period of 2 years.
By 31 December, Year 1, using the output method, 1 years work would have been completed and that is the revenue that will be recognized.
Thus recognize (1/2 × $24,000) $12,000 for 1 year`s work completed and transferred to customer over time.
Answer:
$6,000
Explanation:
journal entry to record deferred revenue:
June 1, year 1, deferred revenue received from customer X
Dr Cash 24,000
Cr Deferred revenue 24,000
the adjustment entry made to recognize revenue:
December 31, year 1, accrued revenue
Dr Deferred revenue 6,000
Cr Service revenue 6,000
Accrued revenue = ($24,000/24 months) x 6 months = $6,000
In the Flying Tigers case study from lesson two, General Chennault established an organization in which reward pay was contingent on performance based standards. What best describes the kind of goal setting and pursuit strategy represented in this case study?
Answer: General Chennault established specific and measurable goals for the pilot.
Explanation:
From the question, we are informed that in Flying Tigers case study from lesson two, General Chennault established an organization in which reward pay was contingent on performance based standards.
The kind of goal setting and pursuit strategy represented in this case study show that General Chennault established specific and measurable goals for the pilot. The pilots know what to do in order for them to get rewarded.
How do you plan to use financial statements in your projected financial statement analysis? Provide rationale for your approach.
Answer:
The financial statement provides the "raw materials" with which the financial performance of an organisation may be analysed.
The financials ratios not only monitor financial performance, but it also speaks to the quality of performance and serves as a basis to compare one period against the other.
The cashflows help to create a picture of the project's liquidity in each of the forecasted periods.
The Income statement helps to gauge the quality of the earnings per period and the balance sheet shows the economic position of the firm at the time under observation.
Cheers!
The Marchetti Soup Company entered into the following transactions during the month of June:_________.
(a) purchased inventory on account for $245,000 (assume Marchetti uses a perpetual inventory system);
(b) paid $60,000 in salaries to employees for work performed during the month;
(c) sold merchandise that cost $160,000 to credit customers for $300,000;
(d) collected $280,000 in cash from credit customers; and
(e) paid suppliers of inventory $225,000.
Prepare journal entries for each of the above transactions. (If no entry is required for a particular transaction, select "No journal entry required" in the first account field.)
1. Purchased inventory on account for $245,000 (assume Marchetti uses a perpetual inventory system)
2. Paid $60,000 in salaries to employees for work performed during the month
3. Sold merchandise to customers for $300,000
4. Merchandise that was sold cost $160,000
5.Collected $280,000 in cash from credit customers
6.Paid suppliers of inventory $225,000
Answer: Please find answers in the explanation column
Explanation:
a.) journal entry to record purchase of inventory on account by the company
Date Accounts Debit Credit
June Inventory $245,000
Accounts payable $245,000
b.) journal entry to record for the payment of salaries to the employees
Date Accounts Debit Credit
June Salaries and wages expenses $60,000
Cash $60,000
c1.) journal entry to record the sale of merchandise to customers
Date Accounts Debit Credit
June Cash $300,000
Sales Revenue $300,000
c2.) journal entry to record the cost involved in the sale of merchandise to customers
Date Accounts Debit Credit
June Cost of goods sold $160,000
inventory $160,000
d.) journal entry to record the cash collected from the customers
Date Accounts Debit Credit
June Cash $280,000
Account receivable $280,000
e.) journal entry to record the payment of cash to the suppliers of inventory
Date Accounts Debit Credit
June Account payable $225,000
Cash $225,000
The Marchetti Soup Company entered into the transactions during the month of June and we can make journal entries for the transaction.
1- Purchased inventory on account for $160,000 (assume Marchetti uses a perpetual inventory system)
Dr, Inventory a/c $160,000 - - --
Cr, Accounts Payable a/c - - $160,000
2 - Paid $43,000 in salaries to employees for work performed during the month
Dr, Salaries a/c $43,000 - - --
Cr, Cash a/c - - $43,000
3 - Sold merchandise to credit customers for $215,000
Dr, Accounts Receivable a/c $215,000 - - --
Cr, Sales a/c - - $215,000
4 - Merchandise that was sold cost $126,000
Dr, Cost of Goods sold a/c $126,000 - - --
Cr, Inventory a/c - - $126,000
5 - Collected $195,000 in cash from credit customers
Dr, Cash a/c $195,000 - - --
Cr, Accounts receivable - - $195,000
6 - Paid suppliers of inventory $140,000
Dr, Accounts Payable a/c $140,000 - - --
Cr Cash a/c - - $140,000
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A registered representative solicits a new customer to purchase a "penny stock." Prior to effecting the transaction, which procedure is required
Answer: StatusB B. Have the customer sign a statement that he understands the risks involved prior to executing the order
Explanation:
The options to the question are:
StatusA A. Send a prospectus to the customer
StatusB B. Have the customer sign a statement that he understands the risks involved prior to executing the order
StatusC C. Have the branch manager approve the order and then fill the customer's order in the same manner as with any other security
StatusD D. Send the customer a Subscription Agreement to be signed before filling the order.
The correct answer is StatusB B. Have the customer sign a statement that he understands the risks involved prior to executing the order.
Under the penny stock rule of the Securities exchange commission, when a new customer is being solicited by a registered representative to purchase an over-the-counter stock non-NASDAQ, a detailed statement must be completed by the registered representative on behalf of the customer.
Samanthaʹs savings account has a balance of $4643. After 25 years, what will the amount of interest be at 6% compounded annually?
Answer:
$15,284
Explanation:
First, you have to use the formula to calculate the future value to calculate the amount that Samantha will have after 25 years:
FV=PV*(1+r)^n
FV= future value
PV= present value= $4,643
r= rate of interest= 6%
n= number of periods of time=25
Now, you can replace the values in the formula:
FV=4,643*(1+0.06)^25
FV=4,643*(1.06)^25
FV=19,927
Then, you have to subtract the present value from the future value to find the amount of interest after 25 years:
19,927-4,643= 15,284
According to this, the amount of interest at 6% compounded annually after 25 years will be $15,284.
The calculation of after-tax cost of debt plays a role in managing capital costs. You have been asked to present a few matters related to Debt (Bond) financing to the Board of Directors. Please briefly explain to the Board: 1) the usual collateral position of Bondholders (lenders) versus Equity investors, 2) why common stockholders can demand a higher rate of return than lenders, and 3) why you would suggest debt (or equity) financing.
Answer with explanation:
Requirement 1: The bondholders are interested in the firm's operation to the extent that they will be paid principal and the interest payments. On the other hand, the equity investors are interested in long term company success because of their ownership in the company. The company pays them dividends which is subjected to company's decision whether they should pay or not and what dividend per share must be.
Requirement 2: Taxes are the first thing that the company has to pay to the government, thereafter comes the interest payments on loan, thereafter comes the dividend to preferred shareholders and at the end if the cash is still left then the company will pay the ordinary shareholders. Hence the ordinary shareholders bears the most risk and thus they require higher rate of return on higher risk.
Requirement 3: There are two reasons why I would recommend debt financing and this is as under:
Tax benefits as the debt is less expensive than preferred shares and ordinary shares.According to M & M proposition 2, the inclusion of debt finance in the capital structure reduces the Weighted Average Cost of Capital and thus increases the value of the company. Hence debt financing increases the value of the company.Assume that a production line operates such that the production lot size model of Section 10.2 is applicable. Given D = 6400 units per year, Co = $100, and Ch = $2 per unit per year, compute the minimum cost production lot size for each of the following production rates:___________a. 8000 units per yearb. 10,000 units per yearc. 32,000 units per yeard. 100,000 units per year
Answer:
a.1789
b. 1333
c. 894
d. 827
Explanation:
Given, D = 6400
Co = $100
Ch = $2
Below is the formula to find the minimum cost of production.
Minimum cost of production = √(2CoD/(Ch(1-D/P)))
Now insert the values.
The Minimum cost of production when P=8000 unit per year.
Minimum cost of production = √(2CoD/(Ch(1-D/P)))
Minimum cost of production = √((2×100×6400)/(2(1-6400/8000))) = 1789
Minimum cost of production when P is 10000= √((2×100×6400)/(2(1-6400/10000))) = 1333
Minimum cost of production when P is 32000= √((2×100×6400)/(2(1-6400/32000))) = 894.42 or 894
Minimum cost of production when P is 100000 = √((2×100×6400)/(2(1-6400/100000))) = 827
What is one characteristic of a clear goal? A. It's unique. B. It's imaginative. C. It's measurable. D. It's flexible.
Answer:
B!
Explanation:
IT IS B OR C
Answer: C It's measurable
Explanation:
2. Pure Water is considering buying new production equipment. The new equipment will increase fixed costs by $200,000 per year and will decrease variable cost of the faucet and pitcher units by $5 and $10, respectively. Assuming the same sales mix, how many of each type of filter does Pure Water need to sell to breakeven
Answer and Explanation:
The computation is shown below:
But before that we need to do the following calculations which are shown below:
The Contribution per unit of faucet is
= $75 - $15
= $60
And, the Contribution per unit of pitcher filter is
= $100 - $30
= $70
Now Contribution per unit in present sales mix is
= [($60 × 2) + ($70 × 3)] ÷ 5
= ($120 + $210) ÷ 5
= $66 per unit
And
The Fixed cost is
= $1,000,000 + $200,000
= $1,200,000
Now
Break even units is
= $1,200,000 ÷ $66 per unit
= 18,181.81 units
For faucet, it is
= (18,181.81 × 2) ÷ 5
= 7,272.72 units
For pitcher filter, it is
= (18,181.81 × 3) ÷ 5
= 10,909.086 units
Professor Quark opens his own company, Electronic Tutorial Services, and completes the following transactions in June:
6/1 Quark invests $12,000 into the business.
6/3 Purchased $1,800 of equipment on account.
6/4 Paid $360 for a two-year insurance policy.
6/6 Purchased office supplies for cash, $300.
6/9 Purchased a new computer for $7,500. Paid $1,500 cash agreed to pay the remainder in 30 days.
6/10 Billed student Fiona Smith $40 for tutorial services that were performed.
6/14 Paid for the equipment purchased on June 3rd.
6/25 Received $35 cash from student Bert Bantrum for tutorial services performed.
6/30 Student billed on June 10 pays the amount due to Quark.
6/30 Quark withdraws $500 for personal use.
Required: Prepare the journal entries to record these transactions. How much cash did Professor Quark have at the end of June?
Answer:
Required 1 : Journal Entries
6/1
Cash $12,000 (debit)
Capital $12,000 (credit)
6/3
Equipment $1,800 (debit)
Accounts Payable $1,800 (credit)
6/4
Insurance Prepaid $360 (debit)
Cash $360 (credit)
6/6
Office Supplies $300 (debit)
Cash $300 (credit)
6/9
Computer $7,500 (debit)
Cash $1,500 (credit)
Account Payable $6,000 (credit)
6/10
Trade Receivable : Fiona Smith $40 (debit)
Service Revenue $40 (credit)
6/14
Accounts Payable $1,800 (debit)
Cash $1,800 (credit)
6/25
Cash $35 (debit)
Service Revenue $35 (credit)
6/30
Cash (debit)
Trade Receivable : Fiona Smith $40 (credit)
6/30
Drawings $500 (debit)
Cash $500 (credit)
Required 2
Professor Quark have $7,615 at the end of June in his Cash Account
Explanation:
For determination of cash on hand at end of June, prepare a Cash Book.
Cash Book - Cash Columns Only
Debit :
Capital $12,000
Trade Receivable : Fiona Smith $40
Service Revenue $35
Totals $12,075
Credit :
Insurance Prepaid $360
Office Supplies $300
Computer $1,500
Accounts Payable $1,800
Drawings $500
Balance c/d (Balancing figure) $7,615
Totals $12,075
a. The journal entries to record the transactions in Electronic Tutorial Services are as follows:
6/1 Debit Cash $12,000
Credit Capital, Quark $12,000
To record the investment of cash in the business.6/3 Debit Equipment $1,800
Credit Accounts Payable $1,800
To record the purchase of equipment on account.6/4 Debit Prepaid Insurance $360
Credit Cash $360
To record the prepayment of insurance premium for two years.6/6 Debit Office supplies $300
Credit Cash $300
To record the payment for office supplies.6/9 Debit Computer $7,500
Credit Cash $1,500
Credit Accounts Payable $6,000
To record the purchase of computer.6/10 Debit Accounts Receivable (Fiona Smith) $40
Credit Service Revenue $40
To record the service rendered on account.6/14 Debit Accounts Payable $1,800
Credit Cash $1,800
To record the payment for equipment purchase.6/25 Debit Cash $35
Credit Service Revenue $35
To record the receipt of cash for services rendered.6/30 Debit Cash $40
Credit Accounts Receivable (Fiona Smith) $40
To record the receipt of cash on account.6/30 Debit Drawings, Quark $500
Credit Cash $500
To record the withdrawal of cash for personal use.Data Analysis:
6/1 Cash $12,000 Capital, Quark $12,000
6/3 Equipment $1,800 Accounts Payable $1,800
6/4 Prepaid Insurance $360 Cash $360
6/6 Office supplies $300 Cash $300
6/9 Computer $7,500 Cash $1,500 Accounts Payable $6,000
6/10 Accounts Receivable (Fiona Smith) $40 Service Revenue $40
6/14 Accounts Payable $1,800 Cash $1,800
6/25 Cash $35 Service Revenue $35
6/30 Cash $40 Accounts Receivable (Fiona Smith) $40
6/30 Drawings, Quark $500 Cash $500
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All of these factors directly influence an employee's voluntary behavior and performance EXCEPT:_______ A. motivation. B. role perceptions. C. situational factors. D. moral intensity. E. ability
Answer:
The answer is D. Moral intensity
Explanation:
Motivation affects an employee's voluntary behavior and performance. A well-motivated employee tends to perform better than the one that is not being motivated.
Role perception too does influence. An employee that understands his role and duties tend to perform better than the one that doesn't.
Also situational factors like good working environment, the kind of people around someone also influence the performance.
Ability too does.
BUT moral intensity doesn't because this is about the moral believe. It purely deals with ethical behavior which is not related to a worker's performance.
Which of the following can help you improve your information technology skills?
O A. Determining the ethical implications of decisions
B. Accessing and interpreting data
O C. Using word-processing apps, spreadsheets, and presentation software
OD. Working with classmates on reports and presentations
O E. Forming judgements and making decisions about situations and circumstances
Answer:a
Explanation:
The statement "Measurement of ethical decision implications" is correct.
The information regarding the information technology skills is as follows:
It is the technical skills that are significant for working with technical support, development & maintenance.It sets the range that lies between installing the hardware & developing the software for troubleshooting & data analysis.Also, it measures the ethical decision implications.Therefore, all the other options are incorrect
Hence, we can conclude that The statement "Measurement of ethical decision implications" is correct.
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If the wage rate paid per hour differs from the standard wage rate per hour for direct labor, the variance is a a.rate variance b.variable variance c.quantity variance d.volume variance
Answer:
A. Rate Variance
Explanation:
Rate variance is simply the difference that exists between the actual price of something that is paid and the expected price which is multiplied by the actual quantity that was bought.
Mathematically, the formula is thus:
Rate Variance = (Actual price - Standard price) x Actual quantity
Where there is overpaying for goods, services or even labour, this rate variance concept is used for tracking.
Complete the following sentence: If people think that the price of televisions will decrease in the near future, that belief may cause a(n)
Answer:
Decrease in the demand for televisions today
Explanation:
Given that, people have the tendency to buy things cheaply and following the demand rules, which state that the higher the price of a commodity the lower the quantity demanded, and the lower the price of a commodity, the higher the quantity demanded.
Therefore, there will be a decrease in the demand for televisions today simply because people or individuals will probably want to purchase television at that future period, in order to purchase at a lower cost or cheaper rates.
Hence, the right answer to this question is "Decrease in the demand for televisions today."
developing your career reMike and Sue McCloskey wanted to change the dairy farming industry itself. They did this by opening up their farms to the public to educate people on the farming industry. To which managerial challenge is this most closely related
Answer:
Managing for globalization
Explanation:
Globalization is a measure that a business takes when it wishes to expand its scope to other fields or locations. It might mean launching the business on a global scale or even taking measures that would bring foreign attention to the business.
The mission that the couple running the business wanted to take was one that involved the public. Therefore, they were expanding their horizons. Educating the public on the farming industry, and opening up their farms to the public for this purpose would attract people from several walks of life. So, this action is closely related to the managerial challenge of globalization.
Many employees get a reality shock on their first day at work because ____.
A. companies want employees to develop better expectations of future work experience
B. companies want to ensure that employees develop a stronger loyalty to the organization
C. newcomers test how well their preemployment expectations fit reality and many companies fail this test.
D. employers ignore the duty to orient new applicants on the first day of work.
E. colleagues provide a lot of information regarding various work assignments in the very first day.
Answer:
C. newcomers test how well their preemployment expectations fit reality and many companies fail this test.
Explanation:
The reason why many employees are shocked by reality on the first day of work is that pre-employment expectations are adjusted to reality and often the job does not meet the expectations that have been created.
To reduce this phenomenon, it is ideal that new employees have realistic expectations about the company and the function they will perform, taking their doubts through research and interviewing the recruiter, having a more realistic view of what they can find at work and managing your expectations.
Which of the following refers to the process of receiving information about and making sense of the world around us? A. Personalization B. Motivation C. Reinforcement D. Perception E. Social identification
Answer:
D. Perception
Explanation:
Perception is how we view the world and receive information about making sense of the world around us.
For example, if a person believes the world is a bad place and it is only bad things that would happen in the world. It can be said that the person has a negative perception of the world.
On the other hand, if a person is happy and views the world as a good happy place. The person has a positive perception of the world.