Answer:
FV= $94,228.26
Explanation:
Giving the following information:
Present Value= $3,000
Interest rate= 9% compounded annually
Number of years= 63 - 23= 40 years
To calculate the future value, we need to use the following formula:
FV= PV*(1+i)^n
FV= 3,000*(1.09^40)
FV= $94,228.26
A ________ pay plan pays for individual performance based on performance appraisal ratings.
A) piece-rate
B) merit-based
C) employee stock ownership
D) profit-sharing
E) gainsharing
Answer:
B) merit-based
Explanation:
The merit based in the plan that depends upon the performance of the employees in an annual year. It could be analyzed by the supervisor or the team leader who motivates him, guides him to accomplish the company objective.
Therefore according to the given situation, option B is correct
And all other options are wrong
The labor cost to produce a certain item is $8.50 per hour. Job setup costs $50 and material costs are $20 per unit. The item can be purchased for $88.50 per unit. The learning rate is 90 percent. Overhead is charged at a rate of 50 percent of labor, materials, and setup costs.
Required:
a. Determine the average unit cost for 20 units, given that the first unit took 5 hours to complete.
b. What is the minimum production quantity necessary to make production cost less than purchase cost?
Answer:
Explanation:
Given
Setup cost =$50
Material cost = $20
= $20×$20
= $400
Purchased cost = $88.50
Learning rate (P) = 90%
Labor cost is $8.50, and it requires 5 hours to produce the first unit. Total time required for the production of 20 units is
= 5×14.608
= $73.04
The value 14.608 is the total time factor which has been taken from table 7S.1 and the time required for the production of 20 units at the rate of 90% is 14.608. Hence, the labor cost for the production of 20 units will be calculated using the following method.
Cost of labor for production of 20 units
= 8.50×73.04
= $620.84
Hence,
In the problem, it has been given that the overhead cost is 50% of the labor material, and setup cost. Hence,
= 50/100 (620.84+50+400)
= 0.5×(1070.84)
= $535.42
Hence total cost
$535.42 +$1070.84
=$ 1606.26
Hence, the cost of production of 20 units is calculated by the following method.
= $1606.26÷20
=$80.313
Therefore, the unit cost is $80.313/unit.
Ans B:
The minimum production quantity important to make the production cost less than the purchase cost is calculated by the trial-and-error method. Now, let's take average unit cost when the 10 units are produced.
Setup cost =$50
Material cost = $20
= $20×$10
= $200
Labor cost is $8.50, and it requires 5 hours to produce the first unit. Total time required for the production of 10 units is
=5×7.994
= $39.97
The value 7.994 is the total time factor which has been taken from table 7S.1 and the time required for the production of 10 units at the rate of 90% is 7.994. Therefore, the labor cost for the production of 10 units will be calculated by the following method.
The cost of production of 20units
8.50×7.994×5
= $339.745
Tri-Coat Paints has a current market value of $41 per share with earnings of $3.64. What is the present value of its growth opportunities (PVGO) if the required return is 9%? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Answer:
$0.56
Explanation:
Tri-coat paints has a current market value of $41 per share
They also have an earning of $3.64
The required return is 9%
= 9/100
= 0.09
Therefore, the present value of its growth opportunities can be calculated as follows
= $41-($3.64/0.09)
= $41-40.44
= $0.56
Hence the present value of its growth opportunities is $0.56
Jeff has the opportunity to receive lump-sum payments either now or in the future. Which of the following opportunities is the best, given that the interest rate is 4% per year?
a. one that pays $ 900 now
b. one that pays $ 1080 in two years
c. one that pays $ 1350 in five years
d. one that pays $ 1620 in ten years
Answer:
c. one that pays $ 1350 in five years
Explanation:
we have to calculate the present value of each option:
option a, $900 (that is the present value)option b, $1,080 in 2 years. PV = $1,080 / (1 + 4%)² = $998.52option c, $1,350 in 5 years. PV = $1,350 / (1 + 4%)⁵ = $1,109.60option d, $1,620 in 10 years. PV = $1,620 / (1 + 4%)¹⁰ = $1,094.41Option c yields the highest present value = $1,109.60
Greater pricing power is most likely to result from greater:A. unused capacity.B. market concentration.C. volatility in market share.
Answer:
B. market concentration
Explanation:
The answer is that greater pricing power is most likely to result from greater market concentration because this means that there are few competitors in the market which allows to have more power to establish prices.
The other options are not right because unused capacity indicates that there is a lot of competition in the market which doesn't allow to have the power to establish prices and volatility in market share means that there is not a firm position in the market that allows to have greater pricing power.
The required investment cost of a new, large shopping center is $49 million. The salvage value of the project is estimated to be $20 million (the value of the land). The project's life is 15 years and the annual operating expenses are estimated to be $14 million. The MARR for such projects is 15% per year. What must the minimum annual revenue be to make the shopping center a worthwhile venture?
Answer:
The minimum annual revenue is 22.38 million.
Explanation:
Let the minimum annual revenue = X
Therefore,
The present value of cash inflows = Present value of cash outflows
X (P/A,15%,15) + 20 (P/F,15%,15)= 49*1 + 14(P/A,15%,15)
Now look into the annuity table or compound interest factor table and use that values to solve the equation.
X(5.847) + 20 (0.1229) = 49 + 14 (5.847)
X(5.847) = 130.858
X = 130.858 / 5.847
X = 22.38 millions
The minimum annual revenue = 22.38 million.
Bawl purchased ABC bonds on 1/1/21. Data regarding these available-for-sale securities follow: Cost MV December 31, 2021 $100,000 $ 91,000 December 31, 2022 100,000 111,000 December 31, 2023 100,000 106,000 The unrealized Gain/Loss reported in OCI of the 2023 Comprehensive Income statement is:
Answer:
Bawl with ABC bonds
The unrealized Gain/Loss reported in OCI of the 2023 Comprehensive Income statement is:
A Loss of $5,000
Explanation:
a) Data and Calculations:
Cost MV Unrealized Profit or (Loss)
December 31, 2021 $100,000 $ 91,000 $9,000 (Loss)
December 31, 2022 100,000 111,000 20,000
December 31, 2023 100,000 106,000 5,000 (Loss)
Available-for-sale Investment
Debit Credit
Dec 31 100,000
Loss 9,000
Dec 31 91,000
Profit 20,000
Dec 31 111,000
Loss 5,000
Dec 31 106,000
The Available-for-sale Investment will show a loss of $5,000 in the Other Comprehensive Income of the 2023 Comprehensive Income Statement based on the yearly adjustments to the account with losses and profits.
Yan Yan Corp. has a $5,000 par value bond outstanding with a coupon rate of 4.6 percent paid semiannually and 21 years to maturity. The yield to maturity on this bond is 4.1 percent.
What is the price of the bond?
Answer:
Price of the bond = $4,122.36
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 value of bond for Yan Yan Corp. be worked out as follows:
Step 1
PV of interest payments
Semi annul interest payment
= 4.6% × 5,000 × 1/2 = 115
Semi-annual yield = 4.1%/2 = 2.05 % per six months
Total period to maturity (in months) = (2 × 21) = 41 periods
PV of interest =
115 × (1- (1+0.0205)^(-21)/0.0205)=1,946.47
Step 2
PV of Redemption Value
= 5000 × (1.0205^(-41) = 2,175.89
Step 3:Price of the bond
Total present Value = 1,946.47 + 2,175.89 = 4,122.36
Price of the bond = $4,122.36
27 The following information is related to the defined benefit pension plan of Dreamworld Company for the year: Service cost $ 60,000 Contributions to pension plan 110,000 Benefits paid to retirees 150,000 Plan assets (fair value), January 1 640,000 Plan assets (fair value), December 31 750,000 Actual return on plan assets 150,000 PBO, January 1 900,000 PBO, December 31 960,000 Discount rate 10 % Long-term expected return on plan assets 9 % Assuming no other relevant data exist, what is the pension expense for the year
Answer:
$92,400
Explanation:
Calculation for the pension expense for the year
PENSION EXPENSE
Service cost $60,000
Interest cost $90,000
(10%*900,000)
Less Expected return on plan assets ($57,600)
(9%*640,000)
Pension expense $92,400
Therefore the is the pension expense for the year will be $92,400
The rate of economic growth per capita in France from 1996 to 2000 was 1.9% per year, while in Korea over the same period it was 4.2%. Per capita real GDP was $28,900 in France in 2003, and $12,700 in Korea. Assume the growth rates for each country remain the same. 1. Compute the doubling time for France’s per capita real GDP. Use the rule of 72. 2. Compute the doubling time for Korea’s per capita real GDP. Use the rule of 72. 3. What will France’s per capita real GDP be in 2045? 4. What will Korea’s per capita real GDP be in 2045?
Answer and Explanation:
The rule of 72 refers the time period in which your investment which you invest should be doubled
So based on the rule of 72, the computation is shown below:
1. doubling time for France per capita real GDP is
= Rule of 72 ÷ rate
= 72 ÷ 1.9
= 37.89 years
2. Doubling time for Korea per capita real GDP is
= Rule of 72 ÷ rate
= 72 ÷ 4.2
= 17.14 years
3. France per capita real GDP in year 2045 is
= Per capita read GDP × (1 + growth rate)^time period
= $28,900 × 1.019^42
= $63,710.88
4. Korea per capita real GDP in year 2045 is
= Per capita read GDP × (1 + growth rate)^time period
= $12,700 × 1.042^42
= $71,490.43
The time period 42 comes from
= 2045 - 2003
= 42 years
"A customer has an existing short margin account with credits of $16,000 and a short position in ABC stock worth $10,000. The SMA in the account is $1,000. If the market value of ABC falls to $9,000, the equity is:"
Answer:
Equity= $7,000
Explanation:
A customer has an existing short margin account that contains credit of $16,000
The short position in ABC stock is worth $10,000
The SMA in the account is $1,000
Therefore, if the market value of ABC falls down to $9,000 then, the equity can be calculated as follows
Equity= $16,000-$9,000
=$7,000
Hence the equity is $7,000
Suppose a shortage in materials results in decrease in the supply of golf balls in the United States of 5%. If the elasticity of demand of golf balls sold in the US is -0.8, the new equilibrium price will be
Answer:
price elasticity of supply (PES) = % change in quantity supplied / % change in price
PES = -0.8% change in quantity supplied = -5%-5% = -0.8 / % change in price
% change in price = -0.8 / -5% = 16%
we are not given the initial price of the golf balls and I looked for similar questions but couldn't find any. But assuming that the initial price is $1, then the new price = $1 x (1 + 16%) = $1.16. If the initial price was $2, then new price = $2 x (1 + 16%) = $2.32. And son on.
The Sweet Tooth Restaurant borrowed $3,000 on a note dated May 15 with a simple interest of 11%. The maturity date of the loan is September 1. The restaurant made partial payments of $875 on June 15 and $940 on August 1. Find the amount due on the maturity date.
Answer:
Amount due is $1,256.14
Explanation:
Calculation of the interest to date at time of 1st partial payment
I1=PRT1
I1= 3,000 * 0.11 * 31/360
I1= $28.42
Remaining Principal = Principal + Interest - Payment
P1 = 3,000 + 28.42 - 875
P1 = $2,153.42
Calculation of the interest to date at time of 2nd partial payment
I2 = P1RT2
I1= 2,153.42* 0.11 * 47/360
I1= $30.93
Remaining Principal = Principal + Interest - Payment
P2= 2,153.42 + 30.93 - 940
P2= $1,244.35
Calculation of the remaining interest on the maturity date
I3= P2RT3
I3= 1,244.35 * 0.11 * 0.31/360
I3= $11.79
Amount due = Remaining Principal + Interest
P3= 1,244.35 + 11.79
P3= $1,256.14
Thus, the amount due is $1,256.14
1. What are Red Bull's greatest strengths and risks as more companies (like Coca-Cola, Pepsi, and Monster) enter the energy drink category and gain market share? 2. Should Red Bull do more traditional advertising? Why or why not? Discuss the effectiveness of Red Bull's sponsorships, for example, Bull Stratos. Is this a good use of Red Bull' marketing budget? Where should the company draw the line?
Answer:
Strengths
RedBull is a well-established brand in the Energy Drink sub-sector.It has been in existence since 1987 making it a 33-year-old company. That's a lot of experience doing the same thing. Given its years of experience, consumers have a lot of confidence in its brand. This means it has strong brand equity.As of 2019, RedBull still has the highest market share of any energy drink in the world with a record 7.5 billion cans soldRisks
The challenge is this, Coca-cola is a much older company with about 128 years behind it. It was established in 1892.Coca-cola equally has a very strong brand equityIn the carbonated drinks sub-sector, it has dominated the sector since 2004. It's market share is estimated at 42.5%.It has about 500 brands compared to Redbull which has only one brand.In Pepsi was created in 1893. Just one year younger than Coca-cola. It currently has about 24.9% of the soda market. Within the cola segment alone, it has about 100 flavours.Monster energy as a strong entrant into the energy drink market is only 18 years old and it already has 49 different drinks with about 14% market share worldwide.Suffice it to say that if Red Bull does not concieve of a critical strategy to maintain market dominance, it may continue to bleed it's market share.
2. Red Bull should do more than traditional advertising.
There is no reason why it can go into the Soda space. There are countries where the big players still exert a huge dominance. Mexico, for instance, consumes the more coca-cola than anywhere else in the world.
Red Bull in addition to keeping it's market share through aggressive advertising, can enter into the soda market, targeting these regions where coca-cola and other players seem to have a pseudo monopoly.
Red Bull can also look at creating more flavours depending on the psychographics of the target market it is looking at.
Bull Stratos
Red Bull Stratos is the official name for the project involving Mr Baumgartner's mission. Mr Baumgartner's project involved a record breaking jump for the ages from the edge of space which cost about USD 30 million. It is on record that this is nothing like what Red Bull have ever done before and it did so at a fraction of it's annual sports marketing which is estimated at about USD 300 Million.
To answer the question about its effectiveness, its definitely yes.
Over 8 million people saw the jump which had the Red Bull logo/ branding conspicuously displayed. It was dubbed "the most successful Public Relations campaign of year 2012."
The line will always be dictated by the metrics which show returns on marketing budget invested.
Any strategy that currently works to enhance the brand of Red Bull or at least keep its dominance over the energy drink market, must be explored.
Cheers!
2. “An American woman executive is sent to negotiate a contract with a corporation in Saudi Arabia. She dresses conservatively in a dark business suit and completes her makeup and hair in the US fashion. She finds the Arabs to be very aloof. She is asked when her boss will be arriving and is feeling ignored.”
a. What mistakes have been made?
b. What can be done to correct such a situation?
Answer:
1. The mistakes she made include:
1. Dressing like a male when it was expected that she should dress like a female.
2. Not wearing a feminine cloth but rather a suit.
3. She wearing a makeup.
4. She fixing her hear but not covering it with hijab.
b. She could have done the following to fix it:
1. Making researches on how best to dress when in Saudi Arabia.
2. Wearing a long covering cloth.
3. Covering her hair with Hijab despite not been from their culture and country.
Explanation:
Martin works as a pizza delivery person.He parks his bike outside Regalia Inc.to deliver an order.Meanwhile,a damaged book rack in Regalia,which is situated on the first floor of the building,falls down through an open window and crashes on his bike.However,no one admits to having seen the rack fall.Can Martin recover against Regalia for negligence?
A) Martin can recover only if he finds a witness who saw the book rack crashing on the bike.
B) Martin can recover if he can prove that book racks do not fall out of windows in the absence of negligence and that Regalia Inc. had exclusive control of the rack prior to the fall.
C) Martin will be unable to recover because parking under an open floor window amounts to contributory negligence and he is therefore liable for the accident too.
D) Martin will be unable to recover because parking under an open window amounts to assumption of risk.
Answer:
B) Martin can recover if he can prove that book racks do not fall out of windows in the absence of negligence and that Regalia Inc. had exclusive control of the rack prior to the fall.
Explanation:
Negligence is defined as a situation where a person does not take due care and conduct oneself like a reasonable person in a given circumstance.
When a defendant is negligent he will be held responsible for damage that results from his negligence.
In this scenario Martin's parked his bike and makes a delivery, meanwhile a book rack falls on his bike.
Martin's can only recover against Regalia if he proves that he was not negligent in any way, and that Regalia had control of the rack before the fall.
For example if Martins did not park his bike in a designated parking spot, he can be seen to be negligent. In that case he will not be able to recover against Regalia.
A newly formed firm must decide on a plant location. There are two alternatives under consideration: locate near the major raw materials or locate near the major customers. Locating near the raw materials will result in lower fixed and variable costs than locating near the market, but the owners believe there would be a loss in sales volume because customers tend to favor local suppliers. Revenue per unit will be $172 in either case.
Omaha Kansas City
Annual fixed costs ($ millions) $1.0 $1.1
Variable cost per unit $30 $45
Expected annual demand (units) 9800 11,625
Required:
Using the above information, determine what the profit would be for Kansas City.
Answer:
Profit for Kansas City = $376,375
Explanation:
a) Data and Calculations:
Omaha Kansas City
Expected annual demand (units) 9,800 11,625
Annual fixed costs $1,000,000 $1,100,000
Variable cost per unit $30 $45 $294,000 $523,125
Total cost $1,294,000 $1,623,125
Revenue $1,685,600 $1,999,500
Profit $391,600 $376,375
From the above differential analysis, it appears that locating in Omaha would be better and more profitable than locating in Kansas City for the company. This is based on the fact that more profit ($15,225) will be generated with Omaha location than locating in Kansas City.
A manufacturing division has an average of $1,800,000 invested in assets and earned income of $720,000. The division's return on investment is
Answer:
ROI = 0.4
Explanation:
To find the answer, we use the following formula:
Return on Investment = Profit / Investment
Now, we simply plug the amounts into the formula:
Return on Investment = $720,000 / $1,800,000
= 0.4
Answer:
40%
Explanation:
Portage Bay Enterprises has $1 million in excess cash, no debt, and is expected to have free cash flow of $11 million next year. Its FCF is then expected to grow at a rate of 5% per year forever. If Portage Bay's equity cost of capital is 10% and it has 4 million shares outstanding, what should be the price of Portage Bay stock?
Answer:
=$55.25
Explanation:
Value of Equity= FCF / (k - g)
value of equity=$11/(10%-5%)=$220 million
total value of the firm(all equity)=value of equity+cash
value of equity=$220 million+$1 million
share price value=value of total equity/shares outstanding
share price value=$221 million/4 million=$55.25
Alternatively:
Value of equity=$11/(1+10%)^1+$11*(1+5%)/(10%-5%)/(1+10%)^1=$220 million
Consider Kodak's core competency before Fisher's arrival. As the market shifted from film to digital did the company's historical core competency still quality as a core competency? Did it pass the core competency test question(s)? If so, which one(s)?
a. Test 1
b. Test 2
c. Test 3
Answer: None of the three tests were passed as the market transitioned.
Explanation: one of the core competencies of Kodak were
1. Film was the basics of their critics products and services. As the market transitioned from the use of films for camera and devices to digital, Kodak refused or was reluctant to take the necessary risk to expand and forge beyond it current market and product to the digitalized market as a result suffered the consequence.
The FREC is investigating a claim by a buyer that the broker had not given the proper disclosure to the buyer before the buyer purchased a home. The broker has paperwork dating back three years from the date of the signing of the document in question, and one year after the legal action of the case. Is the broker protected?
Answer:
No
Explanation:
The Florida Real Estate Commission was constituted in 1926. Members are appointed by the Governor.
The aim of FREC is to protect ye public from bad practices by brokers. They have the authority to impose disciplinary action on lisensees.
According to requirement of the FREC the broker is required to keep records of transactions 5 years after the transaction occurred and 2 years after any legal action.
In this case the broker kept his records 3 years after the transaction and 1 year after legal action.
So he is not protected from disciplinary action by the FREC
Since the 1980s and 1990s, segmentation in global financial markets has been reduced. As a result of this, the correlation among securities markets has increased, thereby reducing, but not eliminating, the benefits of international portfolio diversification. True or Worse
Answer: True
Explanation:
With the on-going drive towards Globalization, companies took advantage to raise more capital by listing across various stock exchanges in the world. The result of this became that the securities market became more correlated.
This had the advantage of granting many companies enough capital that they became Multinational companies but it had the disadvantage of reducing the benefits of international portfolio diversification because the companies would be able to influence the movement of stock across the nations that they are listed in. Where before you could trade in Japan if there were losses in the NYSE, with a company being on both and suffering, both exchanges would feel it.
BankMart Inc. recently issued bonds that mature in 9 years. They have a par value of $1,000 and an annual coupon of 3%. The current market interest rate is 8%.What should be the bond's price?
Answer:
Price of Bond = $687.66
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 value of bond for Bank Mart Inc can be worked out as follows:
Step 1
Calculate the PV of interest payments
Annual interest payment
= 3%× 1000 = 30
PV of interest payment
PV = A× (1- 1+r)^(-n)
A- 30, r- 8%, n- 9
30× ((1-1.08^(-9))/0.08)=187.41
Step 2
PV of redemption Value
PV = RV × (1+r)^(-n)
RV - 1000, r- 8%, n- 9
PV of RV = 1000 × 1.08^(-9) = 500.24
Step 3
Price of bond
Total PV = 187.41 + 500.24 = $687.66
Price of Bond = $687.66
Che MFG Company experiences the following cost behavior patterns each week
Fixed costs: supervisor's salary $1,200; factory rent $2,900
Mixed costs: utilities $1,700+ $5.75 per unit
Variable costs per unit manufacturing labor wages $21.00; supplies used in production $9.00; packaging cost $2.75, warranty cost $4
Required: Compute total costs to be incurred for a week with 2,770 units of activity. (Do not round intermediate calculations.)
Total cost___________
Answer:
Total cost= $123,525
Explanation:
Giving the following information:
Fixed costs: supervisor's salary $1,200; factory rent $2,900
Mixed costs: utilities $1,700+ $5.75 per unit
Variable costs per unit manufacturing labor wages $21.00; supplies used in production $9.00; packaging cost $2.75, warranty cost $4
We need to determine the total cost of 2,770 units:
Total variable cost= 5.75*2,770 + 21*2,770 + 9*2,770 + 2.75*2,770 + 4*2,770
Total variable cost= $117,725
Total fixed costs= 1,200 + 2,900 + 1,700= $5,800
Total cost= 117,725 + 5,800= $123,525
Moepro, Inc. is considering a fiveyear project that has an initial outlay or cost of $120,000. The respective future cash inflows from its project for years 1, 2, 3, 4 and 5 are: $55,000, $45,000, $35,000, $25,000, and $15,000. Moepro uses the internal rate of return method to evaluate projects. What is the project's IRR? A. The IRR is over 25.50%. B. The IRR is about 17.86%. C. The IRR is less than 22.50%. D. The IRR is about 19.16%.
Answer:
B. The IRR is about 17.86%.
Explanation:
The Calculation of the Project`s Internal Rate of Return (IRR) can be done using a Financial Calculator as follows ;
-$120,000 CFj
$55,000 CFj
$45,000 CFj
$35,000 CFj
$25,000 CFj
$15,000 CFj
Shift IRR 17,8557 or 17.86 % (2 decimal places)
The "TAO" approach to digital marketing analytics stands for.
Answer:
The "TAO" approach to digital marketing stands for the way through which digital marketers can make themselves heard in the digital world in the midst of all the digital noise. He believed that, apprenticeships is the best way.
This offers the person a great way to gain both knowledge and experience while getting paid at the same time. For example,there are more and more apprenticeship bodies someone can engage with like The Juice Academy and Arch Apprentices.
Explanation:
One characteristic of weekly newspapers is that they usually serve national consumers rather than local consumers. tend to have a larger male readership than daily newspapers. emphasize local news and advertising. have a significantly lower CPM than daily newspapers. do not charge premium rates.
Answer: emphasize local news and advertising.
Explanation:
One of the main function of the newspaper is to pass message accross to its readership. The newspaper sends information accross to people by informing them about happenings in the local and international scene.
One characteristic of weekly newspapers is that they emphasize local news and advertising. People can advertise on weekly newspapers and gets information across to the local people.
If the average aggregate inventory value is $100,000 and the cost of goods sold is $450,000, which of the following is inventory turnover?
A. 19.23
B. 4.5
C. 0.8654
D. 0.2222
E. None of the above
Answer: B 4.5
Explanation:
According to McClelland, a high need for ____ is associated with successful attainment of top levels in the organizational hierarchy.
a. power
b. achievement
c. affiliation
d. success
e. expertise
Answer:
power
Explanation:
Based on McClelland's Organizational Hierarchy, the top level is associated with a high need for power. Individuals pursuing this level need to enjoy status recognition, winning arguments, competition, and influencing others since their main motivation or need is to amass as much power as possible, and for this to happen and for them to become powerful/winner someone else must lose.
The comparative balance sheet of Nathan Company appears below: NATHAN COMPANY Comparative Balance Sheet December 31, Assets 2017 2016 Current assets $420 $333 Plant assets 780 567 Total assets $1,200 $900 Liabilities and stockholders' equity Current liabilities $168 $144 Long-term debt 300 162 Common stock 432 306 Retained earnings 300 288 Total liabilities and stockholders' equity $1,200 $900 Using horizontal analysis, show the percentage change for each balance sheet item using 2016 as a base year. NATHAN COMPANY Comparative Balance Sheet December 31, Assets 2017 2016 Percentage change Current assets $420 $333 % Plant assets 780 567 % Total assets $1,200 $900 % Liabilities and stockholders' equity Current liabilities $168 $144 % Long-term debt 300 162 % Common stock 432 306 % Retained earnings 300 288 % Total liabilities and stockholders' equity $1,200 $900 % Using vertical analysis, prepare a common size comparative balance sheet. (Round percentages to 0 decimal places, e.g. 12.) NATHAN COMPANY Comparative Balance Sheet December 31 2017 2016 Assets Amount Percentage Amount Percentage Current assets $420 % $333 % Plant assets 780 % 567 % Total assets $1,200 % $900 % Liabilities and stockholders' equity Current liabilities $168 % $144 % Long-term debt 300 % 162 % Common stock 432 % 306 % Retained earnings 300 % 288 % Total liabilities and stockholders' equity $1,200 % $900 %
Answer:
NATHAN COMPANY
Comparative Balance Sheet
For the years 2017 and 2016
2017 2018 Change Change
value in %
Assets:
Current assets $420 $333 $87 26.13%
Plant assets $780 $567 $213 37.57%
Total assets $1,200 $900 $300 33.33%
Liabilities and stockholders' equity
Current liabilities $168 $144 $24 16.67%
Long-term debt $300 $162 $138 85.19%
Common stock $432 $306 $126 41.18%
Retained earnings $300 $288 $12 4.17%
Total liabilities and equity $1,200 $900 $300 33.33%