Answers
Answer:
I looked for Cable Corporation's income statement and balance sheet:
Cable Corporation
Statement of cash flows
For the year ended December 31, 202x
Cash flows from operating activities:
Net income $357,750
Adjustments to net income:
Depreciation expense $197,500Increase in accounts payable $225,000Increase in notes payable $1,125,000Increase in accounts receivable ($850,000)Increase in inventories ($1,626,125) ($928,625)Net cash provided by operating activities ($570,875)
Cash flows from investing activities:
Purchase of fixed assets ($1,975,000)
Net cash provided by investing activities ($1,975,000)
Cash flows from financing activities:
Issuance of long term debt $2,565,700
Dividends paid ($107,325)
Net cash provided by financing activities $2,458,375
Net decrease in cash ($87,500)
Cash balance at beginning of the year $100,000
Cash balance at the end of the year $12,500
Related Questions
A foodborne pathogen that can cause meningitis is _____.
A. Streptococcus pneumoniae
B. Staphylococcus epidermidis
C. Listeria monocytogenes
D. Neisseria meningitidis
Answers
Answer:
C. Listeria monocytogenes
Explanation:
Meningitis is an infectious disease caused by the infection of meninges by virus or bacterial. This can lead to confusion, vomiting, depression etc.
When food that has been contaminated by a pathogen called listeria monocytogenes is consumed, it can develop into meningitis. Meningitis can be treated and controlled by the use of antibiotics, and in some cases the combination of two or more types may be required depending on the nature of infection.
Financial Statements of a Manufacturing Firm The following events took place for Digital Vibe Manufacturing Company during January, the first month of
a. Purchased $44,100 of materials
b. Used $34,000 of direct materials in production.
c. Incurred $50,700 of direct labor wages.
d. Incurred $71,400 of factory overhead
e. Transferred $118,600 of work in process to finished goods.
f. Sold goods for $212,100.
g. Sold goods with a cost of $94,400.
h. Incurred $54,200 of selling expenses.
i. Incurred $23,800 of administrative expense.
Using the information given, complete the following:
a. Prepare the January income statement for Digital Vibe Manufacturing Company Digital Vibe Manufacturing Company Income Statement For the Month Ended January 31 Revenues Cost of goods sold Gross profit Operating expenses Selling expenses Administrative expenses Total operating expenses Net income
b. Determine the Materials Inventory, Work in Process Inventory, and Finished Goods Inventory balances at the e Digital Vibe Manufacturing Company Inventory Balances For the Month Ended January 31 Inventory balances on January 31: Materials Work in process Finished goods
Answers
Answer:
a.
Digital Vibe Manufacturing Company
Income Statement For the Month Ended January 31
Revenues $212,100
Cost of goods sold ($94,400)
Gross profit $117,700
Operating expenses
Selling expenses ( $54,200)
Administrative expenses ($23,800)
Total operating expenses ($78,000)
Net income $39,700
b.
Inventory balances on January 31:
Materials = $10,100
Work in process = $37,500
Finished goods = $24,000
Explanation:
Calculation of Raw Materials Inventory
Raw Materials T - Account
Debit :
Purchases $44,100
Totals $44,100
Credit :
Work In Process $34,000
Ending Raw Materials $10,100
Totals $44,100
Calculation of Work In Process Inventory
Work In Process T - Account
Debit :
Raw Materials $34,000
Direct labor $50,700
Overheads $71,400
Totals $156,100
Credit :
Finished Goods $118,600
Ending Work In Process $37,500
Totals $156,100
Calculation of Finished Goods Inventory
Finished Goods T- Account
Debit :
Work In Process $118,600
Totals $118,600
Credit :
Trading Account $94,400
Ending Finished Goods $24,000
Totals $118,600
Christine, a scheduler at Mangel-Wurzel Transport, gets a call from a regular customer needing to move of rock and soil, which Christine knows from previous experience has an average density of . Christine has available a dump truck with a capacity of and a maximum safe load of . Calculate the number of trips the dump truck will have to make to haul the customer's load away.
Answers
Complete Question:
Christine, a scheduler at Mangel-Wurzel Transport, gets a call from a regular customer needing to move 70.3 m³ of rock and soil, which Christine knows from previous experience has an average density of 880 kg/m³. Christine has available a dump truck with a capacity of 9 m³ and a maximum safe load of 5300 kg. Calculate the number of trips the dump truck will have to make to haul the customer's load away?
Answer:
= 105 trips
Explanation:
a) Data:
Volume of customer's load = 70.3 m³
Average density of load = 880 kg
Truck capacity in volume = 9 m³
Truck's mass = 5,300 kg
Density load of truck = 5,300/9 = 588.89m³
Total density of load = 70.3 m³ * 880 kg/m³ = 61,864m³
Number of trips to be made = Total density/Density capacity of truck
= 61,864m³/588.89m³
= 105 trips
b) Density is the mass of a unit volume of a material substance. Therefore, density = d = M/V, where d is density, M is mass, and V is volume. Density can also be expressed as kilograms per cubic metre (in MKS or SI units).
Remember, kilograms = mass and cubic meters = volume.
Which of the styles on Blake and Mouton’s Leadership Grid has high concern for interpersonal relationships and low concern for task accomplishment?
Answers
Answer:
Country Club
Explanation:
The Blake and Mouton's Leadership Grid has this Country Club which emphasise on the people more, that is about their well being.
This environment concludes that if employees are happy and in good positive attitude they will automatically work hard and achieve the results.
In this case the management is not much conscious about the results as they believe that results will be better, but generally it is observed that due to lack of any managerial control and directions the task is not achieved.
Which of the following would cause the yield curve to be ascending? A. An increase in demand for long term bonds from investors B. An increase in the laddering of bond portfolios by investors C. The Federal Reserve pursuing a tight monetary policy D. Short term yields declining at the same time as long term yields are increasing
Answers
Answer: Short term yields declining at the same time as long term yields are increasing
Explanation:
The yield curve shows yields for different maturities for identical security types.
Of the options given, what can cause the yield curve to be ascending is when the short term yields declining at the same time as long term yields are increasing.
Therefore, option D is the correct answer.
When standard direct labor hours differ from actual direct labor hours used, the company experienced a(n):
Answers
Answer:
efficiency variance
Explanation:
When standard direct labor hours differ from actual direct labor hours used, the company experienced an "efficiency varaiance". It can be used in order to analyze how effective an operation is in relation to labor, materials, machine time and other production factors.
Efficiency variance is actually the difference which exists between the theoretical amount of inputs which are needed to produce an output and the actual number of inputs which are required to manufacture the unit of output.
Cardinality describes the maximum number of possible relationship occurrences for a (an):________.
Answers
Answer:
Entity (set)
Explanation:
The Cardinality implies the maximum number of elements in a set or the number of possible relationship occurrences for an Entity.
For example, let's take {1,2,6} as the entity, thus the cardinality of such an entity is 3, meaning, we have 3 as the maximum number of possible relationship occurrences in the entity.
Best Construction, Inc., and General Real Estate Corporation form a joint venture. A joint venture is usually formed for
Answers
Answer:
for mutual benefits
Explanation:
A joint venture is a business arrangement made between two parties that agree to come together and unite all of their resources in order to accomplish a specific common goal. Joint ventures are usually formed for mutual benefits, both companies involved benefit greatly from reaching the end-goal that they are working towards, but which neither company could do it without the other's resources.
If interest rates increase, business investment expenditures are likely to ______ and consumer durable expenditures are likely to _________.
Answers
Carissa Communications reported the figures from its adjusted trial balance and from its multi-step income statement for its first year of business, which ended on July 31, 2018
Expenses Accounts Payable Common Stock Notes Payable, long-term Merchandise Inventory Administrative Expenses $ 18,400 12,500 1,900 30,000 3,400 $ 3,500 Cost of Goods Sold 1,700 Equipment, net 4,600 Accrued Liabilities 5,855 Net Sales Revenue 1,500 Accounts Receivable 1,300 Interest Expense 3,000 Carissa Communications Income Statement Year Ended July 31, 2018 $30,000 18,400 Net Sales Revenue Cost of Goods Sold Gross Proft Operating Expenses 11,600 Selling Expenses Administrative Expenses Total Operating Expenses 1,700 3,000 4,700 Operating Income Other Income and (Expenses) 6,900 (55) Interest Expense (55) Total Other Income and (Expenses) 6,845 Net Income (Loss) Carissa Communications Statement of Retained Earnings Year Ended July 31, 2018 Retained Earnings, August 1, 2017 Retained Earnings, July 31, 2018 Balance Sheet July 31, 2018 Assets Liabilities Stockholders' Equity
Requirement 1.
Prepare Carissa Communications's statement of retained earnings for the year ended July 31 2018 .
Requirement 2.
Prepare Carissa Communications's classified balance sheet at July 31 2018.
Answers
Answer:
1. Carissa Communications' Statement of Retained Earnings for the year ended July 31, 2018:
Retained Earnings, July 31, 2017 $0
Net Income (Loss) 6,845
Retained Earnings, July 31, 2018 $6,845
2. Carissa Communications' Classified Balance Sheet as of July 31, 2018:
Assets:
Current Assets:
Cash $ 3,500
Accounts Receivable 3,000
Merchandise Inventory 1,300
Total Current Assets $7,800 $7,800
Long-term Assets:
Equipment, net 12,500 $12,500
Total Assets $20,300
Liabilities + Equity:
Current Liabilities:
Accounts Payable 1,900
Accrued Liabilities 5,855
Total Current Liabilities $7,755 $7,755
Long-term Liabilities:
Notes Payable, long-term 3,400
Total Liabilities $11,155
Stockholders' Equity:
Common Stock 2,300
Retained Earnings 6,845
Total Stockholders' Equity 9,145 $9,145
Total Liabilities + Equity $20,300
Explanation:
a) Data and Calculations:
1. Adjusted Trial Balance for its first year of business, which ended on July 31, 2018
Cash $ 3,500
Cost of Goods Sold $ 18,400
Selling expenses 1,700
Equipment, net 12,500
Accounts Payable 1,900
Accrued Liabilities 5,855
Common Stock 2,300
Net Sales Revenue 30,000
Notes Payable, long-term 3,400
Accounts Receivable 3,000
Merchandise Inventory 1,300
Interest Expense 55
Administrative Expense 3,000
Total $43,455 $43,455
2. Carissa Communications Income Statement Year Ended July 31, 2018
Net Sales Revenue $30,000
Cost of Goods Sold 18,400
Gross Profit 11,600
Operating Expenses
Selling Expenses 1,700
Administrative Expenses 3,000
Total Operating Expenses 4,700
Operating Income 6,900
Interest Expense (55)
Net Income (Loss) $6,845
An adjusted trial balance is termed as an internal report that shows all of the current general ledger financial reporting balances.
After adjusting entries have been made, the adjusted trial balance is prepared to show updated balances.
An income statement is referred to as the statement that records the cash inflow and outflow transactions in the company labeled as the debit and credit. Debit is whatever the cash comes and credit is whatever the cash goes out.
The adjusted trial balance, income statement, balance sheet, and retained earnings have been attached below.
To know more about the recording of the various financial report and data, refer to the link below:
https://brainly.com/question/17150137
Requirement 1. Journalize the transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.)
May 19: Issued 2,000 shares of $1 par value common stock for cash of $10.00 per share.
Date Accounts Debit Credit
May 19 Cash 20,000 Paid-In Capital in Excess of Par—Common Common Stock—$1 Par Value 18,000 2,000
Jun. 3: Issued 200 shares of $2, no-par preferred stock for $10,000 cash. Date Accounts Debit Credit Jun. 3 Cash 10,000 Preferred Stock—No Par Value 10,000
Jun. 11: Received equipment with a market value of $78,000 in exchange for 8,000 shares of the $1 par value common stock. Date Accounts Debit Credit Jun. 11 78,000 Equipment Common Stock-$1 Par Value Paid-In Capital in Excess of Par—Common 8,000 70,000
Requirement 2. How much paid-in capital did these transactions generate for Sasha Systems? Total paid-in capital generated from these transactions amounts to $
Answers
Answer:
1) May 19: Issued 2,000 shares of $1 par value common stock for cash of $10.00 per share.
Dr Cash 20,000
Cr Common stock 2,000
Cr Additional paid in capital 18,000
Jun. 3: Issued 200 shares of $2, no-par preferred stock for $10,000 cash.
Dr Cash 10,000
Cr ´Preferred stock 10,000
Jun. 11: Received equipment with a market value of $78,000 in exchange for 8,000 shares of the $1 par value common stock.
Dr Equipment 78,000
Cr Common stock 8,000
Cr Additional paid in capital 70,000
2) Total paid in capital = $20,000 + $10,000 + $78,000 = $108,000
Given the following for the XYZ Company:
Year Pre-Tax Net Income (Loss) Tax Rate2015 S10,000 20%2016 8,000 20%2017 (20,000) 20% 2018 2,000 20%
Assume XYZ does not elect the carryback provision in 2017 and that future income is not "more likely than not."
Reported 2017 Net Loss is:______.
a. $16,400
b. $15,000
c. $16,000
d. $4,000
e. $20,000
Answers
Answer:
e. $20,000
Explanation:
Since in the question it is mentioned that the company has the net loss for the year 2017 is $20,000 so the same is to be reported for the year 2017
Also no election of the provision related to carryback for the year 2017 could be considered
Therefore in the given case, the amount of $20,000 would be recognized and reported as a net loss
Hence, the correct option is e. $20,000
An uneducated grandmother who does not have children living with her but pays for public school education through her property tax is a:
Answers
Answer:
Forced Rider
Explanation:
A forced rider is a person in the society who is made to pay taxes or dues for services that he has no interest in or even benefits from. The forced rider might even have personal convictions against the product or service, but he is still made to share in the cost of the government providing the service. For example, advocates of climate reclamation might be made to pay for services like the maintenance of industries that pollute the environment.
In the case above, the grandmother has never seen the four walls of a school, nor does she have school children whom she cares for, but she is still expected to pay for public school education through her tax. She is, therefore, a forced rider.
If the Congress wants to increase the AD by $5 billion, how much should they increase the government spending
Answers
Answer:
The government spending will be less than $5 billion.
Explanation:
The government spending will be less than $5 billion because the concept of spending multiplier exhibits that if the government inject a certain amount in the economy then the economy will become richer than the injected amount. For example, the government assign $100 for a project and out of $100, it pays $50 to the labor. Further, the labor save $10 and spend $40. Here, the economy is richer with $100 + $40 = $140. Therefore, if the government expect to rise the AD by $5 billion then the government spending should be lower than $ 5 billion.
In property insurance terminology, all of the following are considered hazards except: a. a steam iron left on unattended. b. a fire which is started in a waste papwer basket. c. oily rags stored near a heater. d. matches left within reach of young children.
Answers
Answer: fire which is started in a waste paper basket.
Explanation:
Hazard is simply defined as the condition that will lead to an increase in loss. Property insurance are policies that can either offer liability coverage or property protection.
Property insurance include flood insurance, homeowners insurance, and earthquake insurance etc. In property insurance terminology, all of the options in the question are considered hazards except fire which is started in a waste paper basket. This is not a hazard as this is a waste that'll be disposed off
Statement of Cost of Goods Manufactured for a Manufacturing Company
Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows:
Inventories March 1 March 31
Materials $177,250 $159,530
Work in process 116,990 105,290
Finished goods 92,170 106,890
Direct labor $319,050
Materials purchased during March 340,320
Factory overhead incurred during March:
Indirect labor 34,030
Machinery depreciation 20,560
Heat, light, and power 7,090
Supplies 5,670
Property taxes 4,960
Miscellaneous costs 9,220
Prepare a cost of goods manufactured statement for March.
Johnstone Manufacturing Company
Statement of Cost of Goods Manufactured
Answers
Answer:
Johnstone Manufacturing Company
Statement of Cost of Goods Manufactured
Raw Materials $298,040
Direct labor $319,050
Factory overhead incurred :
Indirect labor $34,030
Machinery depreciation $20,560
Heat, light, and power $7,090
Supplies $5,670
Property taxes $4,960
Miscellaneous costs $9,220
Add Opening Work in process Inventory $116,990
Less Closing Work in process Inventory (105,290)
Cost of Goods Manufactured $710,320
Explanation:
Cost of Goods Manufactured Statement, is a summary of costs incurred to manufacture products.
Calculation of Raw Materials used in Production.
Raw Materials T - Account
Debit :
Opening Balance $177,250
Purchases $340,320
Totals $457,570
Credit :
Closing Balance $159,530
Work In Process (Balancing figure) $298,040
Totals $457,570
If Management was not concerned with the time value of money, from which two capital budgeting methods should they choose?
Answers
Answer:
ARR or Payback
Explanation:
Here are the options to this question
Multiple Choice
BET or IRR
ARR or Payback
NPV or IRR
NPV or Payback
BET or NPV
Accounting rate of return = Average net income / Average book value
Average book value = (cost of equipment - salvage value) / 2
Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows
Payback period = Amount invested / cash flow
The NPV and IRR considers the time value of money by discounting the cash flow at discount rate.
Net present value is the present value of after tax cash flows from an investment less the amount invested.
Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested
In the short run monopolistically competitive industries___________ while in the long run they__________a. May earn economic profit may lose economic profit due to new entry b. May lose economic profit due to new entry; may earn economic profit rarely earn a profit. c. May gain profit due to exiting firms
Answers
Answer:
In the short run monopolistically competitive industries___________ while in the long run they__________a. May earn economic profit may lose economic profit due to new entry b. May lose economic profit due to new entry; may earn economic profit rarely earn a profit. c. May gain profit due to exiting firms
a. May earn economic profit may lose economic profit due to new entry
Explanation:
A monopolistically competitive industry is characterized by an industry with many firms whose goods and services are not perfect substitutes and are further differentiated through branding, thereby limiting competition. There is easy entry and exit in a monopolistically competitive market or industry though the prevailing competitiveness is imperfect.
Provide an example of one company that should employ the simple structure organizational configuration.
Answers
Answer:
In simple words, A simple structure can be characterized as a reduced-departmental architecture, wide scope of operation, centralized control, and minimal formalization. This style of architecture is very popular in smaller start-up companies.
Entrepreneurship, like local mom as well as pop or independent companies, are enterprises that can employ basic organisational frameworks. Such businesses typically comprise of stakeholders who are executives and who make judgments about the commercial enterprise.
What would happen if your boss at the bookstore asked you to decrease some of the business' variable costs
Answers
Answer: d.You would find less expensive designer for the store’s advertising posters.
Explanation:
Going by the options give, the best option would be D. This is because option A talks about location which is a fixed cost while b talks about the business insurance policy which is also a fixed cost. Option C is about the internet service provider which is also another fixed cost.
Option D however is not a fixed cost as it relates to advertising. Advertising is a variable cost and so in obeying the directive from the boss, this is the cost that would need to be reduced by finding a less expensive designer.
Axl will be borrowing $300,000 today to buy a house, and he will pay it back with 20 yearly payments starting one year from today. If the effective annual interest rate is 7%, how much will the first payment be if the annual payments are constant
Answers
Answer:
$28,317.88.
Explanation:
The annual payment, PMT can be determined using a financial calculator as follows :
PV = $300,000
N = 20
P/YR = 1
R = 7.00 %
FV = $0
PMT = ?
Using a financial calculator, the annual payment, PMT is $28,317.88.
All levels of management between the supervisory level and the top level of the organization are termed _____________. a. middle managers b. first-line managers c. supervisors d. foremen
Answers
Answer:
a. middle managers
Explanation:
The middle manager refers to a link that lies between the top level management and the lower level management. For the day to day operations, the middle level managers have to report the information i.e. valuable also the suggestions could be made from time to time
Therefore according to the given situation, the option A is correct
hence, all other options are wrong
The Toyota production system includes respect for people as one of its core values.a) trueb) false
Answers
Answer:
True
Explanation:
The Toyota Production System is an automated system with a touch of human control.
This system has two main aspects as the automation and Just in Time activities.
This system works on continuous improvement as it targets to work better everyday, and with Just in Time inventory system it minimises its cost of inventory and further with a touch of human effort in automation it respects humans too.
When implementing change in an organization, there are always culture issues that are faced, such as not accepting change, determine how differently this would be handled thinking about the management versus leadership constructs? When dealing with performing work, how is this implemented differently within the management versus leadership constructs?
Answers
Answer with Explanation:
Requirement 1:
Implementation of changes takes a lot of time in resolving issues that we know will emerge and the issues that we don't even considered. Sometimes the situation gets so much worse that the planned solution puts no value in the implementation of the change. This cause severe damages to the company reputation and also has financial implications. The management must ensure that the planning must be free from mistakes. The cost, quality and time are the three main constraint that the management have to consider in resolving the problems so that the project cost doesn't outnumber the expected benefits.
On the other hand, the project manager have to design the processes that are free from defects and are effective as well. The execution of change implementation must bring the planned benefits for which the change is been implemented. The leadership style must be well enough that doesn't increases the problems. Furthermore the leader must be delegating tasks to every team members with allocation of resources as well. The importance of change must be communicated to each of the employees who will get affected and why it the only choice for us. This attitude will help in execution of the change implementation plan which means that the maximum benefits can be pulled off.
Requirement 2:
The management of the company must have to work hard enough so that the employee doesn't get demotivated due to different factors that have significant impact on its performance of duties. The employees must be well guided about the processes and must be continuously monitored. The management also design reward system that would uplift employee motivation and performance.
The leader has to monitor tasks assigned to employees so that the employee is timely guided and the flow of work remains consistent with the progress of other employees. Furthermore, the performance of the employee is tried to improved by proper training programs, continuous appraisal and appraising better performances.
When an institution wishes to take a large position in a municipal bond issue but does not want its activities to be well known, it will generally make use of A) the bond buyers visible supply. B) EMMA. C) a municipal securities broker's broker. D) social media to find the bonds.
Answers
Answer:
Option C, a municipal securities broker's broker.
Explanation:
Option “C” is correct because these broker acts on the behalf of the client and perform all the transactions without exhibiting their client’s details in the market. Moreover, the broker maintains the bonds or securities and it focuses on the profit-making aspects. Finally, the broker receives the commission for their service and the client receives the profit or rate of return from the securities.
Crowley Company projects the following sales: EE(Click on the icon to view the projected sales).
Crowley collects sales on account in the month after the sale. The Accounts Receivable balance on 1 is, which represents 's sales on account. Crowley projects the following cash receipts from customers:
Re-calculate cash receipts from customers if total sales remain the same but cash sales are only 20% of the total.
January February March
Cash sales (20 %)
Sales on account (80%)
Total sales $20,000 $22.000 $24,00
January February March
Cash sales (25%) 5,000 5,000 $6,000
Sales on account (75%) $15,500 16,000 18,000
Total sales 20,000 $ 22,000 $ 24,000
Now, recalculate cash receipts from customers for each month if cash sales are only 20 % of the total.
January February March
Cash receipts from cash sales 5,500 5,000 $6,000
Cash receipts from sales on account 13,500 15,000 16.500
Total cash receipts from customers 18,500 $20,500 $22,500
Answers
Complete Question:
Crowley Company projects the following sales:
Jan Feb March
Cash Sales (25%) $5,000 $5,500 $6,000
Sales on account (75%) 15,000 15,500 18,000
Total Sales $20,000 $22,000 $24,000
Crowley collects sales on account in the month after the sale. The Accounts Receivable balance on January 1 is $13,500, which represents December's sales on account. Crowley projects the following cash receipts from customers:
Jan Feb March
Cash Sales (20%) $5,000 $5,500 $6,000
Sales on account (75%) 13,500 16,000 16,500
Total Sales $18,500 $20,500 $22,500
1. Recalculate cash receipts from customers if total sales remain the same but cash sales are only 20% of the total.
Answer:
Crowley Company
1. Recalculation of cash receipts from customers if total sales remain the same but cash sales are only 20% of the total:
Jan Feb March
Cash receipts from cash sales (20%) $4,000 $4,400 $4,800
Cash receipts from sales on account (80%) 14,400 16,000 17,600
Total receipts from sales $18,400 $20,400 $22,400
Explanation:
a) Calculations of Sales:
December sales = $13,500/0.75 = $18,000
Sales based on 20% cash and 80% on account:
Dec. Jan. Feb. March
Cash Sales (20%) $3,600 $4,000 $4,400 $4,800
Sales on account (80%) 14,400 16,000 17,600 19,200
Total Sales $18,000 $20,000 $22,000 $24,000
Broker Ed owns a building he wants to lease or sell. Which of the following represents legal advertising?
a) For Sale. Call 321-7788.
b) For Lease by Owner. Call 321-7788.
c) For Sale by Owner. Call 321-7788.
d) For Sale by Owner-Broker. Call Ed Hahn at 321-7788.
Answers
Answer:
d) For Sale by Owner-Broker. Call Ed Hahn at 321-7788
Explanation:
From the above, we can see that the last option chosen contains the most complete information as against the others that do not state all relevant information. Laws in most countries covering advertising demand full disclosure of all relevant information when advertising a sale for instance or it would be considered illegal advertising. From the example, the seller had stated appropriately in the last option that he is an owner broker, letting the prospective buyer know that the property being sold is also owned or partly by the one who is listing the property for sale, or member of the listing team. The name is also stated the name which was not disclosed in the previous options
Delta Insurers typically affirms or denies claims within 120 days after it receives proof of loss statements. Which statement is correct?
Answers
Answer:
Option A is correct
Explanation:
The 2 Option are:
i. The firm Delta Insurers typically affirms claims within 120 days after it receives proof of loss statements
ii. The firm Delta Insurers typically denies claims within 120 days after it receives proof of loss statements.
Delta insurance company is a typical insurance company that operates it business in line with the Insurance practice code in its operation country. Failure of perform those duties strictly will lead to revoke of operational license which will incur consequential loss for the Insurance Company.
Delta Insurers insures against peril of Vehicle, Fire, Burglary, Consequential loss, Business Interruption and so on.
The insurer however have its own mode of settling claims as stated in the Policy form. The statement might be stated in there that "we typically affirms claims within 120 days after we receives proof of loss statements". No insurer can states in its policy form that "we typically affirms claims within 120 days after it receives proof of loss statements", this is against the code of conduct of Insurance business
Starbucks wants to use the subjective approach to evaluate a new project. They are considering expanding their stores and renting office space to small business owners. They will have a separate reception area and online scheduling for those that want to use the office space. Starbucks has a WACC of 12%. What would be the WACC for this new project?
Category Examples Adjustment Factor
High risk New products 6%
Moderate risk Cost savings, Expansion
of existing products 0
Low risk Replacement of existing
equipment (4)
Mandatory Safety equipment n/a
A) 16%.
B) 12%.
C) 24%.
D) 18%.
Answers
Answer:
D) 18%
Explanation:
Starbucks wants to use the subjective approach to evaluate a new project. They are considering expanding their stores and renting office space to small business owners. They will have a separate reception area and online scheduling for those that want to use the office space. Starbucks has a WACC of 12%.
The objective is to use a subjective approach to evaluate the new project
The given table can be well presented as follows:
Category Examples Adjustment Factor
High risk New products 6%
Moderate risk Cost savings, Expansion 0
of existing products
Low risk Replacement of existing -4%
equipment
Mandatory Safety equipment n/a
From the table, we can deduce that :
the WACC for this new project = Current WACC + Adjustment Factor (High Risk)
the WACC for this new project = ( 12% + 6%)
the WACC for this new project = 18%
Your customer wants to buy 1,000 shares of XYZ stock and has entered a not-held order with instructions to you to purchase the stock when you feel the price looks right. Under the rules, this order will be treated as
Answers
Answer:
Day order
Explanation:
This is a not held order which must be executed during that trading day. When a customer instructs their trader to execute a not-held order, they are valid only for that day. The exceptions to this rule would require that the customer specifically states a certain time period. Not held orders are instructions to buy or sell securities when the trader believes that the price is right.