Answer:
Commercial Cooking- Commercial cooking operations are defined as kitchens that have cooking equipment that produces grease and grease-laden vapors. This includes flat grills, char broilers, and deep fat fryers.
Answer:
Commercial cooking is cooking on a large scale for money (commerce). Generally a commercial kitchen will have large-scale cooking apparatuses. In example I could be use side by side Tilt Grills, one searing 50 pounds of meat, while boiling 20 pounds of pasta in the other. 300 slices of bacon cooking in the ovens, and 30 gallons of stew in one of the tilt-kettles. On another wall I might have a mixer, mixing 30 pounds of cake batter, and 10 gallons of chile cooking in one of the small tilt kettles. I did generally get some help though, lol.
Northwest Lumber had a profit margin of 5.25%, a total assets turnover of 1.5, and an equity multiplier of 1.8. What was the firm's ROE
Answer:
14.18%
Explanation:
Northwest lumber has a profit margin of 5.25%
The total assets turnover is 1.5
The equity multiplier is 1.8
Therefore the ROE can be calculated as follows
= 5.25 × 1.5 × 1.8
= 14.18%
Hence the ROE is 14.18%
At a rate of 6.5%, what is the future value of the following cash flow stream?
Year 0 1 2 3 4
CFs: $0 $75 $225 $0 $300
a. $582.83.
b. $553.69.
c. $613.51.
d. $645.80.
e. $526.01.
Answer:
Total future value= $645.8
Explanation:
Giving the following information:
Year 0 1 2 3 4
CFs: $0 $75 $225 $0 $300
Interest rate= 6.5%
To calculate the future value, we need to use the following formula on each cash flow:
FV= PV*(1+i)^n
Cf1= 75*1.065^3= 90.60
Cf2= 225*1.065^2= 255.20
Cf3= 0
Cf4= 300
Total future value= $645.8
Discuss whether consumers will gain or lose from trade in the following cases below:________
a) The importing country when the market is perfect competition (3 points)
b) The exporting country when the market is perfect competition (3 points)
Answer:
a. Gain
b. Lose
Explanation:
a. The consumers in Importing country will gain in a perfect competition because imports by the country will increase the variety of products available and in a perfect competition every seller have the equal chance to sell its goods, so in order to increase sales the sellers may reduce prices which will result in a gain for the consumers.
b. The consumers in exporting country will lose in a perfect competition because the country is exporting the goods to another country and so the country exporting the goods will be left with limited goods and due to equal demand the prices will remain same or may increase if demand is increased which will result in a loss for the consumers of goods in a exporting country.
You want to purchase a motorcycle 4 years from now, and you plan to save $3,500 per year, beginning immediately. You will make 4 deposits in an account that pays 5.7% interest. Under these assumptions, how much will you have 4 years from today
Answer:
You will have $16,111.99
Explanation:
a) Data and Calculations:
Annual savings $3,500
Years = 4
Interest rate = 5.7%
Future value using finance calculator:
FV (Future Value) $16,111.99
PV (Present Value) $12,907.71
N (Number of Periods) 4.000
I/Y (Interest Rate) 5.700%
PMT (Periodic Payment) $3,500.00
Starting Investment $0.00
Total Principal $14,000.00
Total Interest $2,111.99
b) Your annual savings of $3,500 with 4 deposits will have a future value of $16,111.99 compounded at 5.7% for 4 years with a total principal of $14,000 ($3,500 * 4).
Xinhong Company is considering replacing one of its manufacturing machines. The machine has a book value of $41,000 and a remaining useful life of five years, at which time its salvage value will be zero. It has a current market value of $51,000. Variable manufacturing costs are $33,800 per year for this machine. Information on two alternative replacement machines follows.
Alternative A Alternative B
Cost $ 115,000 $ 114,000
Variable manufacturing costs per year 22,800 10,800
1. Calculate the total change in net income if Alternative A is adopted. (Cash outflows should be indicated by a minus sign.)
2. Calculate the total change in net income if Alternative B is adopted. (Cash outflows should be indicated by a minus sign.)
Answer:
assuming a 5 year period:
1) if alternative A is adopted:
initial cash flow = $115,000 - $51,000 = -$64,000
savings per year = $33,800 - $22,800 = $11,000
$11,000 x 5 years = $55,000
net income will decrease by ($9,000)
2) if alternative B is adopted:
initial cash flow = $114,000 - $51,000 = -$63,000
savings per year = $33,800 - $10,800 = $23,000
$23,000 x 5 years = $115,000
net income will increase by $52,000
Based on the information provided regarding Dell, which orientation would best describe its approach to marketing?
Answer:
Market Orientation
Explanation:
As Dell has shifted from "build to order" to "make to stock", there will always be availability of stock with him so that no customers are left without sale on short notice of demand also.
Further now as Dell, chooses and works on to analyse its customers, their needs, the pricing that should be done, it is trying to understand the customer perspective.
Also with that it is provided that it was able to increase its profit.
Accordingly in market orientation a company works on the the customers analysis and implements practices which favour the customer wants maximum in order to get more profitable deals.
The Divirgil Company Net Income is $100. Given the following items:Purchase of debt securities (trading) $7Amortization of premium on bonds payable $4Purchase of treasury stock $5Decrease in dividends payable $2Increase in retained earnings $92Change in Cash for the year is:___________.a. $74b. $76c. $82d. $84e. $78
Answer:
a. $74
Explanation:
The computation in the change in cash for the year is shown below:
Net income $100
Less: Purchase of Debt Securities -$7
Less: Amortization of Premium on Bonds payable -$4
Less: Purchase of Treasury Stock -$5
Less: cash Dividends paid -$10 {($100 - $92) + $2}
Change in Cash $74
Hence, the correct option is A. $74
We simply deduct all the items from the net income so that the change in cash could come
Phipps Company borrowed $25,000 cash on October 1, 2010, and signed a six-month, 8% interest- bearing note payable with interest payable at maturity. The amount of interest expense to be reported during 2011 is which of the following?
a) $250.
b) $300.
c) $500.
d) $750.
Answer:
c) $500.
Explanation:
The computation of the interest expense to be recognized for the year 2011 is shown below;
= Principal × rate of interest × number of months ÷ (total number of months in a year)
= $25,000 × 8% × (3 months ÷ 12 months)
= $500
The 3 months is taken from October 1 to December 31
Hence, the correct option is c. $500
Would a macroeconomist be interested in how individual consumers respond to an increase in taxes on gasoline?
Answer:
Yes, a macroeconomist would be interested in how individual consumers respond to an increase in taxes on gasoline
Explanation:
The responses registered knowingly or unknowingly by the individuals affected by changes in certain taxes are largely identical to each other. This is because the majority of people who are anyway affected by such changes belong to the middle class. It is from the responses of multiple individuals, the mood of the entire society in line with the changes in the taxes can be speculated. Most of the time, it is seen that an unprecedented increase in the tax levied over a common commodity affects the middle class negatively. Whereas, on the other hand, a decrease in the same provides them relief to some extent. Hence, the responses of individuals collectively form the response of an entire society that is subjected to changes in taxes, clearly attracting the attention of a macroeconomist.Companies that are considered pricesetters usually employ the _________________ approach to pricing products.
Answer:
Cost-plus pricing
Explanation:
Cost-plus pricing is a pricing method used by companies where the cost of a product id determined and a percentage is added to the cost to determine the selling price of the product.
For example if it costs $5 to make a lemonade, you then add $5 and sell the lemonade for $10. This is an example of cost plus pricing
Identify whether each of the following would be reported as an operating, investing, or financing activity on the statement of cash flows:
1.
A. Repurchase of common stock
B. Cash received from customers
C. Payment of accounts payable
D. Retirement of bonds payable
E. Purchase of equipment
F. Purchase of inventory for cash
2.
A. Purchase of investments
B. Disposal of equipment
C. Payment for selling expenses
D. Collection of accounts receivable
E. Cash sales
F. Issuance of bonds payable
Answer and Explanation:
The classification is as follows
1.
A. financing activity = Cash outflow as cash is gone
B. Operating activity = Cash inflow as cash is received
C. Operating activity = Cash outflow as cash is gone
D. Financing activity = Cash outflow as cash is gone
E. Investing activity = Cash outflow as cash is gone
2.
A. Investing activity = Cash outflow as cash is gone
B, Investing activity = Cash inflow as cash is received
C. Operating activity = Cash outflow as cash is gone
D. Operating activity = Cash inflow as cash is received
E. Operating activity = Cash inflow as cash is received
F.financing activity = Cash inflow as cash is received
In 2017, if the PPP per capita of China was $16,760 and the PPP per capita of the United States was $60,200, this means that the
Answer:
e. cost of living was lower in China.
Explanation:
Here are the options to this question
. GNI per capita was greater in China.
b. standard of living in China was better.
c .annual average GDP growth rate was lower in China.
d. percent of goods and services consumed in the United States was lower.
e. cost of living was lower in China.
PPP per capita = purchasing power parity / population.
PPP per capita gives the price of a basket of goods per capita.
A lower PPP per capita compared to another country means that price is lower in that country and that the cost of living is lower
If the average price of gasoline is $3.25 per gallon in your town, and gasoline is perfectly competitive market, explain what might happen and why in your town if the price of gas dropped to $0.50 overnight. What if it jumped up to $10 per gallon overnight?
a. If the price of gasoline were to suddenly drop overnight to $0.50, the quantity of gasoline bought and sold would
Answers: (stay the same, decrease, or increase)
.
b. If the price of gasoline were to suddenly jump to $10 per gallon, the quantity of gasoline bought and sold would
Answers: (stay the same, decrease, increase)
.
Given :
Average price of gasoline $3.25 per gallon in a town .
To Find :
The impact if the price of gas dropped to $0.50 overnight and if it jumped up to $10 per gallon .
Solution :
We know , according to law of demand :
Demand is in inversely proportional to the price of the product if all other constraint remains constant .
a )
If the price of gasoline were to suddenly drop overnight to $0.50 , so the price of product will decrease and by law of demand , the demand will increase which cause quantity of gasoline bought and sold increase .
b )
If the price of gasoline were to suddenly jump to $10 per gallon , it cause in increase in price , which will decrease the quantity of gasoline bought and sold .
Hence , this is the required solution .
When the average price of gasoline is $3.25 per gallon in a town.
Then we Find: When The impact if the price of gas dropped to $0.50 overnight and also if it jumped up to $10 per gallon.
Law of demandWe know, according to the law of demand :
Demand is inversely proportional to the price of the product if all other constraint remains constant.
a ) When If the price of gasoline were to suddenly drop overnight to $0.50 so that the price of the product will decrease and also by the law of demand when the demand will increase which cause the quantity of gasoline bought and also sold increase.
b ) when If the price of gasoline were to suddenly jump to $10 per gallon, it cause in price increase, which will decrease the quantity of gasoline bought and also sold.
Hence proof, this is the required solution.
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The uses of Free cash flow include:_______. a. pay dividends.b. re-purchase stock.c. pay taxes.d. a. and b. only.
e. all the above.
Answer: d. a. and b. only.
Explanation:
Free Cashflow to a company is cash that is available to the company after it has finished paying off all expenses for the period. This money can then be used to pay out dividends or engage in stock repurchasing.
Taxes are not paid from Free cash as they are an income expense. Free cash is only acquired after the taxes have been paid off.
__________custom pack shipments when the exporter lacks the equipment or the expertise to do so itself.
Answer: export packer
Explanation:
Export packer custom pack shipments when the exporter lacks the equipment or the expertise to do so itself.
Export packing is simply defined as when goods or certain products are being prepared for international shipping. It should be noted that the degree of export packing that will be required depends on the mode of transportation, destination of the seaport or airport, the kind of product, and the facilities that are at the shipment.
What is a firm's fundamental, or intrinsic, value? What might cause a firm's intrinsic value to be different from its actual market value?
Answer:
Intrinsic value of a firm is the actual value of the firm, and not the market price of the share based value.
Explanation:
Intrinsic value is generally computed using the asset based method, as per this method we compute the actual value of each asset in the firm separately, and then deduct the value of liabilities from it. In this manner, we estimate the current value of the firm.
Whereas the market value is computed using the stock price of in the market.
As the market value is based solely on the market value of the stock, it does not consider sometimes the actual circumstances, as for example, the land value of the firm might be 10 times more than the value recorded in the books. Because it is recorded at historical cost, although the current value is generally more of a well established firm.
Neo-mercantilists equate political power with economic power and economic power with:______a. corruption.b. a balance-of-trade surplus. c. regional dominance.d. a trade monopoly.e. capitalism.
Answer: balance of trade surplus
Explanation:
Neomercantilism is a policy regime whereby export was encouraged while import was, discouraged. It also controls capital movement, and advocatee for currency decisions to be a government decision.
Neo-mercantilists equate political power with economic power and economic power with balance of trade surplus which is when the value of exports are more than that of imports.
Which function relates to maintaining inventory?
OA. accounting
OB. production
OC.
finance
OD.
human resource
Answer:production
Explanation:
A(n) ________________ is a number of currency units, shares, bushels, pounds, or other units specified in a derivative instrument.
Answer: notional
Explanation:
A notional amount also sometimes referred to as the face amount is a number of currency units, shares, bushels, pounds, or other units specified in a derivative instrument.
The effective notional amount had to do with the notional amount that has already been stated and further adjusted when the leverage factor is considered.
Your Competitive Intelligence team is predicting that the Chester Company will invest in adding capacity to their Cell product this year. Assume Chester's product Cell invests in increasing its capacity by 10% this year. Because of this new information, your company anticipates all other products in the Core segment will increase their capacity by the same amount. How much can the industry produce in the Core segment the next year? Consider only products primarily in the Core segment last year. Ignore current inventories. Figures in thousands (000). Select: 1Save Answer 13,728 5,040 8,359 7,381 4,219 9,559 8,581
Question Completion:
Figures in thousands (000):
Product Segment Capacity Next Round
Dug Core 1200
Dune Core 1450
Beetle Core 1040
Bat Core 1050
New Core 100
Adam Core 1200
Answer:
Chester Company
Competitive Intelligence Report:
Based on the increased 10% capacity, the industry can produce 6,644 units.
Explanation:
a) Data and Calculations:
Product Segment Capacity Next Round Increased Capacity (1.1)
Dug Core 1,200 1,320
Dune Core 1,450 1,595
Beetle Core 1,040 1,144
Bat Core 1,050 1,155
New Core 100 110
Adam Core 1,200 1,320
Total 6,040 6,644
b) Each of the core segment products can be increased by the increased capacity factor of 1.10 (1 + i), where "i" is the rate of capacity increase. Alternatively, the total capacity in the current period can be increased by the increased capacity factor. Either way, produces the same result of an increased capacity of 6,644 units that the industry can produce. The result also shows that the options provided in the question are not correct. They must have been based on other assumptions.
Why do we subtract depreciation in the calculation of EBIAT if we are going to add it back as the next step of the Free Cash Flow formula?
Answer: Depreciation is tax deductible
Explanation:
Depreciation on assets is recognized by tax authorities as an expense that a business actually incurs so when the income statement is calculated, depreciation needs to be removed as the expense that it is so that taxes can be calculated on the profit.
Depreciation however, does not take actual cash from the company i.e the company does not actually pay anyone cash for depreciation like most other expenses. It needs therefore to be added back to the Free Cash Flow because the FCF deals with how much actual cash the company has which is something that Depreciation being a non-cash expense did not reduce.
The reason why we subtract depreciation in the calculation of EBIAT if we are going to add it back as the next step of the Free Cash Flow formula is because:
Depreciation is tax deductible
According to the given question, we can see that we need to show why it is necessary to subtract depreciation when calculating the EBIAT in the Free Cash Flow formula.
As a result of this, we can see that when an asset depreciates, then according to the government, it is a taxable commodity which makes it important to remove it from the income statement so that it would be calculated together instead as a separate part.
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Suppose a participant in this experiment was expending $0 worth of effort in studying for each class before the experiment. Over the next 6 weeks, the student has a math class and an English class, where getting an A in math would require the student to exert $111 worth of effort, while getting an A in English would require the student to exert $114 worth of effort. In this experiment, the student (would or would not) increase time studying for math, and the student (would or would not) increase time studying for English.
Answer:
For Maths;
The student would increase time studying for maths.
For English;
The student would increase time studying for English.
Explanation:
This is the case in both cases because there's a certainty that the student earns an A in both cases if he puts in the equivalent $ amount worth of effort.
The student's ability to adapt to change comes under great test over the next 6 weeks in other to get an A in the math and English classes.
3. What is the value of the bullwhip measure for a company with a standard deviation of demand equal to 20, and a variance of orders equal to 450?
Answer:
1.125
Explanation:
The computation of the value of the bullwhip measure is shown below
As we know that
The Variance of demand = Square of the standard deviation of demand
i.e.
= square of 20
= 400
And, the Variance of orders = 450
Now the
Bullwhip measure is
= The variance of orders ÷ the variance of demand
= 450 ÷ 400
= 1.125
What limits the quantity sold with a price floor: supply or demand?
Answer:
Demand
Explanation:
If no one is buying the product naturally it the limits the quantity sold.
Suppose the economy is operating at a point where output is less than the natural level of output. Which of the following statements is correct given this information?
a) the price level is less than the expected price level.
b) the unemployment rate is less than the natural unemployment rate.
c) the price level will be higher next period than this period.
d) all of the above.
e) none of the above.
Answer: a) the price level is less than the expected price level.
Explanation:
When the actual output in an economy is lower then the natural output it is called a Contractionary Gap and the price level will be lower.
This is because the Short Run Aggregate Supply Curve and the Demand curve will intersect at a lesser quantity which will equate to a lower price as well because the economy is producing less and the people are demanding less as well so the point at which they meet will be a lesser price.
Outstanding debt of Home Depot trades with a yield to maturity of %. The tax rate of Home Depot is . What is the effective cost of debt of Home Depot?
Answer: 3.6%
Explanation:
The effective cost of debt is the interest rate adjusted for taxes so it is expressed by;
= Interest (1 - tax rate)
= 6% ( 1 - 40%)
= 3.6%
Answer:
3.6%
Explanation:
If D1 = $1.25, g (which is constant) = 4.7%, and P0 = $26.00, what is the stock's expected dividend yield for the coming year?
Answer:
the expected dividend yield is 4.81%
Explanation:
The computation of the stock expected dividend yield is shown belo:
Stock expected dividend yield is
= Dividend ÷ Price
where,
Dividend is $1.25
And, the price is $26
Now place these values to the above formula
So, the expected dividend yield is
= $1.25 ÷ $26
= 4.81%
Hence the expected dividend yield is 4.81%
Which of Michael Porter's generic strategies did Renault primarily pursue after the economic crisis?
Answer: Overall cost leadership
Explanation:
Michael Porter's generic strategy that Renault primarily pursued after the economic crisis was overall cost leadership.
This can be noticed when Renault had to reduce its cost and hance started producing cars that were low cost and has result led to sm increase in the profit that was made by Renault.
If ERS had an incremental increase in revenue of $100,000, based on the net profit margin computed, what is the additional potential profit
Answer:
The first part of the question was missing, so I looked for it:
total revenue = $934,500
net income = $62,260
net profit margin = (net income / total revenue) x 100 = ($62,260 / $934,500) x 100 = 6.662%
if revenue increases by $100,000, then net income should increase by:
$100,000 x 6.662% = $6,662
The reduction of on the job injuries and illnesses would benefit employers, because they would
a. be able to hire their best friends
b. gain back time lost by employees
sell more products in less time
d. stop paying bonuses
C.
The reduction of on the job injuries and illnesses would benefit employers because they would gain back time lost by employees. Option B is correct.
What are the common on the job injuries & illnesses?1. Slips, trips, and falls.
2. Overexertion and muscle strains.
3. Struck by workers, equipment, or falling objects.
4. Crashes or collisions.
5. Exposure to harmful substances or environments.
6. Fire and explosions.
7. Violence and other injuries by persons or animals.
With rise in level of workplace safety and state-of-art health measure undertaken by the employers improve the situation against on the job injuries and consecutively lead to provide more productive time to get better results & achieving goals.
Therefore gain back time give appropriate results.
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