Answer:
Two firms exit the asbestos removal industry.
Explanation:
This is a long-run adjustment because, the firm left one industry to focus on other part of their business. For example, it could be due to lack of finance or profit margin been small that made the firm to quit asbestos removal industry.
A typical source document could be Question 8 options: A) a computer data entry screen. B) the company's financial statements. C) both some type of paper document and a computer data entry screen D) some type of paper document.
Answer:
Both A and B
Explanation:
The original record that contains details that substantiates or supports the original document which will be entered in accounting system is called source document.
They describe basis facts such as amount, purpose and date.
Cancelled checks, credit card receipts and supplies invoices, cash register tapes are examples of source documents.
ABC Company owns 30% of the outstanding shares of Teal Company. At the beginning of the current year, the carrying value of Teal's stock on ABC's balance sheet was $60,000. During the period, Teal paid dividends of $10,000 and reported a net income of $40,000. What is the carrying value of Teal's stock on ABC's balance sheet at the end of the year?
Answer:
$69,000
Explanation:
Percentage of shares owned by ABC in Teal's company = 30%
This is an example of equity method investment , and a portion of the attributable income at the end of the year is earned and added to the initial stock.
Attributable income is the remaining income after dividends have been settled.
Workings
The opening carrying value of the shares on ABC balance sheet = 60,000
Profit made at the end of the period = 40,000
Dividends paid = 10,000
Attributable income to share holders = 40000-10000 = 30,000
ABC portion of attributable profit = 30000*30% = 9,000
Carrying value at the end of the year = opening carrying value + portion of the attributable profit
=60000+9000=69000
Two brothers, Mark and Rick, each inherit $6000. Mark invests his inheritance in a savings account with an annual return of 2.5%, while Rick invests his inheritance in a CD paying 5.8% annually. How much more money than Mark does Rick have after 1 year?
Answer:
$198
Explanation:
Two brothers Mark and Rick each inherit $6,000
Mark invests his money in a savings account with an annual return of 2.5%
After one year the interest payment that will be received by Mark can be calculated as follows
= $6,000 × 2.5/100
= $6,000 × 0.025
= $150
Rick invests his portion of the money in a CD paying 5.8% annually
The amount of interest that will be received by Rick after one year can be calculated as follows
= $6,000 × 5.8/100
= $6,000 × 0.058
= $348
Therefore the amount of money that Rick has over Mark after a period of one year can be calculated as follows
= $348-$150
= $198
Hence Rick has $198 more than Mark after one year
Which is the best measure of risk for a single asset held in isolation, and which is the best measure for an asset held in a diversified portfolio?
Answer:
coefficient of variation; Beta
Explanation:
The best measure of risk for a single asset held in isolation would be coefficient of variation which tells you the level of variation that the asset has which allows you to calculate the level of risk. The best measure for an asset held in a diversified portfolio on the other hand would be Beta. This measures the volatility of an asset/portfolio while comparing it to the market as a whole, also allowing you to calculate expected ROI.
Recently, the research and development departments of major pharmaceutical organisations have been experimenting with new injections that provide the boost in iron that anemic children need to reverse their condition. These companies have expressed confidence that children who are suffeing from anemia will be cured relatively simply through the use of such biochemical supplements. In concluding that the biochemical remedy being developed will have its desired effect, the pharmacuetical companies assume that :
Available Options Are:
A. Major pharmaceutical companies have the primary responsibility to cure childhood anemia
B. A low iron level in the body is the major factor influencing the incidence of anemia in children
C. A diet rich in iron cannot improve the conditions of children suffering from anemia to the point that biochemical supplements would become unnecessary
D. Children afflicted with anemia will find out about and submit to injections that can reverse their conditions
E. The use of biochemical supplements is the safest way to cure anemia in children
Answer:
Option B. A low iron level in the body is the major factor influencing the incidence of anemia in children
Explanation:
Option A is incorrect because its not the primary responsibility of a single organization.
Option B is correct because the pharmaceutical company believes that the low iron level is the major cause of anemia in childrens and that the bichemical supplements that are rich in iron will help reverse their condition. Hence it is the right option.
Option C is also incorrect because it is totally opposite to what pharmaceutical company believes. The statement says that diet rich in iron will not help childrens to reverse their condition however the pharmaceutical company company believes.
Option D is incorrect because children are not much smart that they will find out that they are suffering from anemia and that they must use these o not find and take the supplements then they must use biochemical supplements to get cured. Furthermore, the pharmaceutical company doesn't believe in such things.
Option E is not assumed by the pharmaceutical company and is also not given in the question that biochemical supplements is the only one solution which would help in curing anemia in the children.
Which factor is critical to the successful implementation of the IS?
Answer: E Visibility of products in real time
Explanation:
Aliya is the marketing manager at JumpyInk. The strategic tool JumpyInk uses forces her to make judgments about the company's performance based on market attractiveness and business strength. Which tool does Aliya use
Answer:
a. Ansoff's product-market growth matrix
b. BCG matrix
c. General Electric model
d. Porter strategies
A salesperson asks, "What am I legally required to do with this?" when deciding whether to return competitive intelligence that was gathered by stealing company data. At which level of moral development is this salesperson operating?
Answer:
C. Conventional.
Explanation:
In this specific scenario, the salesperson would be operating at a conventional level of moral development. This is the second level and is when the individual develops personal moral codes by internalizing the rules of adult role models. In this case, the individual would use their moral code in order to decide what is the correct/moral course of action to take with the stolen data.
Bond Issue On January 1, 2019, Lightfoot Corporation issues 10%, 5-year bonds with a face value of $275,000 when the effective interest rate is 9%. Interest is to be paid semiannually on June 30 and December 31.
Required:
Prepare the journal entry to record the first interest payment on June 30, 2019.
Answer and Explanation:
Before recording the journal entry first we have to determine the following calculations
Semi Annual interest payment is
= $275,000 x 10% × 6 ÷ 12
= $13,750
The Present value of principal is
= Par value of bonds × Present value factor (r%, n)
= $275,000 × Present value factor (4.5%, 10)
= $275,000 × 0.64393
= $177,080.75
Now Present value of interest is
= Interest × Present value annuity factor (r%, n)
= $13,750 × Present value annuity factor (4.5%, 10)
= $13,750 × 7.91272
= $108,799.90
Now
The Selling price of bond is
= Present value of principal + Present value of interest
= $177,080.75 + $108,799.9
= $285,881
Interest expense to be recorded is
= Carrying value of bonds × Effective interest rate × 6 ÷12
= $285,881 × 9% × 6 ÷ 12
= $12,865
And,
The Premium on bonds payable is
= Semi annual interest payment - Interest expense
= $13,750 - $12,865
= $885
Now the journal entry is
Interest expense $12,865
Premium on bonds payable $885
To Cash $13,750
(Being the interest payment is recorded)
Which managerial function involves designing jobs, grouping jobs into units, and establishing patterns of authority between jobs and units
Answer:
Organizing
Explanation:
After planning, organizing is the function where a manager assigns all the resources and work to the employees on the basis of their specialties. For instance, an employee who is great at marketing is handed the sales promotion. This is basically choosing the right person for a particular work to achieve those organizational goals. Slowly, it turns into an organizational structure as the assigning of work and resources progresses.
The new chief information officer of a national fast food chain is using mathematical tools to aid in product ordering and scheduling decisions. The CIO is using
Answer:
"Management Science" would be the correct solution.
Explanation:
Management research or science seems to be the field of the scientific community to the research paper of large organizations, as well as excursions operations. Advanced manufacturing development and software current study are two professions been between management sciences. It deals with either the development of new and innovative and improved organizational excellence modeling techniques.Suppose the U.S. Treasury announces plans to issue $50 billion of new bonds. Assuming the announcement was not expected, what effect, other things held constant, would that have on bond prices and interest rates?
Answer:
Prices would decline and interest rates would rise
Explanation:
This is because the market will be flooded with additional 50 billion dollars of bond increasing the supply causing the price to fall. Interest rate are inversely proportional to prices thus interest rate will rise.
"A wealthy, sophisticated investor with a high risk tolerance has just turned extremely bullish on the market. To profit from this, the BEST recommendation to the client would be to:"
Answer:
Buy leveraged ETFs
Explanation:
the options are missing:
A. But index calls
B. Buy index puts
C. But inverse ETFs
D. Buy leveraged ETFs
Leveraged ETFs (exchange-traded funds) are risky investments that can yield very high returns but of course also involve a large risk. Usually normal ETFs work on a 1:1 basis, leveraged ETFs work on a 200% to 300% basis, this means that for every dollar invested, it will borrow 1 or 2 dollars more and invest them.
An ETF follows a stock index, e.g. Nasdaq, S%&P 500, etc., and when the index increases by 1%, it will also increase by 1%. If the ETF is leveraged, the possibilities of gains or losses multiplies by 2 or 3.
Prior to the advent of the internet, which media grew faster than any other advertising medium in history?
Answer:
Social media is the fastest growing trend in the history of the world. This sector
has grown faster than the Internet itself. Within the first ten years of being publicly
available, the Internet managed to gather roughly 1 billion users.
Which role does money have in economic systems?
a
b
a good to consume
a measure of satisfaction
a resource for production
a medium of exchange
d
Answer:
a medium of exchange
Explanation:
a medium of exchange is a resource used to make sales or earn a profit. A medium of exchange requires a set value and the only answer here that makes sense for money is that of the medium of exchange.
Grant started a business this year. He earned $200,000 in revenues and had $150,000 in expenses. His other alternative would have been to go back to his old job, where he earned $70,000. What are Grant's "true" profits from his business
Answer:
Profit from the business = $50000.
Explanation:
Total revenue from the business = $200000
The total cost that occurred in business = $150000
Now we have to calculate the true profit from the business. So, it can be calculated by subtracting the total cost from the total revenue.
Below is the formula to find the profit.
Profit = total revenue – total cost
Now insert the given values in the formula.
Profit from the business = $200000 - $150000
Profit from the business = $50000
The amount of Grant's "true" profits from his business is $50000. Profits are termed as the total revenues that the firm earns on selling the produced goods and services.
Given information are:
Total revenue from the business = $200000
The total cost that occurred in business = $150000
Computation of profit:
Profit = Total Revenue- Total Cost
Profit = $200000- $150000
Profit = $50000
Therefore, the amount of profit the company earned is $50000.
To know more about the profits, refer to the link below:
https://brainly.com/question/4066079
Red Carpet Industries had retained earnings of $537,500 and $135,000 of net income. On its previous balance sheet, at 12/31/18, the company had reported $445,000 of retained earnings. No shares were purchased during 2019. How much in dividends did the firm pay during 2019?
Answer:
$42,500
Explanation:
Red carpet had retained earnings of $537,500 and a net income of $135,000
On the previous balance sheet the retained earnings that was reported was $445,000
The first step is to calculate the change in retained earnings
= $537,500-$445,000
= $92,500
Therefore the amount of dividend paid by the firm can be calculated as follows
=Net income-change in retained earnings
= $135,000-$92,500
= $42,500
Hence the dividend paid by the firm during 2019 is $42,500
Wallace is a salesperson in the Nebraska Territory for a firm selling kitchen appliances to mobile home manufacturers. At a school reunion, an old friend approaches him and says, "What a coincidence! I'm the director of purchasing for Bilt-Tite Mobile Homes in Franklin, Georgia. Why don't you contact me next week
Answer:
Wallace cannot do business with his friend because his business is not located within Wallace's authorized territory
Explanation:
Unfortunately in this scenario, Wallace cannot do business with his friend because his business is not located within Wallace's authorized territory. As a salesperson, Wallace is only authorized to conduct business for the store he is representing in the Nebraska territory, while his old friend operates his business in Franklin, Georgia. The only thing that Wallace may be able to do would be to pass his friend the number of the brands Georgia offices if they have one.
As a result of his last performance appraisal, Deron finally got the promotion he has been seeking for 3 years. His supervisor agreed with Deron that his performance had improved and that Deron was ready to take on more responsibility. This is an example of the ______ reason for conducting performance appraisals.
Answer:
decision-making.
Explanation:
As a result of his last performance appraisal, Deron finally got the promotion he has been seeking for 3 years. His supervisor agreed with Deron that his performance had improved and that Deron was ready to take on more responsibility. This is an example of the decision-making reason for conducting performance appraisals.
Decision-making involves deciding what actions to take about a problem or situation. Supervisors or managers are saddled with the responsibility of taking decisions on their own without having to consult external sources. The growth and development of a company depends on the decision-making ability of a manager or supervisor.
In this context, Deron's supervisor agreed that his performance has improved and he could take on more challenges, thus he was promoted.
Which of the following statements is CORRECT? Group of answer choices Hedge funds are not as highly regulated as most other types of financial institutions. The justification for this light regulation is that only "sophisticated" investors (i.e., those with high net worths and high incomes) are permitted to invest in these funds, and these investors supposedly can do any necessary "due diligence" on their own rather than have it done by the SEC or some other regulator. Hedge funds have more in common with commercial banks than with any other type of financial institution. The most important difference between spot markets versus futures markets is the maturity of the instruments that are traded. Spot market transactions involve securities that have maturities of less than one year whereas futures markets transactions involve securities with maturities greater than one year. Capital market transactions involve only preferred stock or common stock. If General Electric were to issue new stock this year, this would be considered a secondary market transaction since the company already has stock outstanding.
Answer: Hedge funds are not as highly regulated as most other types of financial institutions. The justification for this light regulation is that only "sophisticated" investors (i.e., those with high net worths and high incomes) are permitted to invest in these funds, and these investors supposedly can do any necessary "due diligence" on their own rather than have it done by the SEC or some other regulator.
Explanation:
Hedge fund is simply an investment company which invests the money of its clients in alternative investments so that it'll be able to provide hedge against the changes that may later occur in the market or in order to beat the market.
Hedge funds are not as highly regulated as most other types of financial institutions. The justification for this light regulation is that only "sophisticated" investors (i.e., those with high net worths and high incomes) are permitted to invest in these funds, and these investors supposedly can do any necessary "due diligence" on their own rather than have it done by the SEC or some other regulator.
________ management is based on the belief that productivity is maximized when organizations are rationalized with precise sets of instructions based on time-and-motion studies.
Answer:
The correct answer is: Scientific Management.
Explanation:
To begin with, the name of "Scientific Management" refes to the theory created by Frederick Taylor and therefore that it is also commonly known as "Talyrosim" after its creator. This theory focus on the job of introducing the science to the management of a company and more specifically to the labor processes and its productivity. That is why that its main objective is to look for the way to increase the labor productivity of the organization and all of its workers due to the fact that it was first established in times of industrialism. The most important contribution he made was the use of measuring the time of the workers in order to understand how they work and how can they be better at it.
When the employing broker of a corporate brokerage is suddenly unable to continue in that position, to whom may the commission issue a temporary "hardship" license?
The options available are:
A. person with sufficient ownership interest in the corporation
B. Colorado licensee approved by the corporate board of directors
C. member of the board of directors
D. officer or director with a broker's license from another state
Answer:
Colorado licensee approved by the corporate board of directors
Explanation:
This is because, all companies are expected to have an employing broker at all times. But in a situation whereby none exist at a given period, then the real estate commission can issue a "hardship" license to someone else to act as the interim employing broker while the company finalizes on a permanent employing broker.
However, the rule for the "hardship" employing broker is that he/she must have an active Colorado license.
Hence, given the options available, the right answer is "Colorado licensee approved by the corporate board of directors"
Which of the following is an example of a capital market instrument? Group of answer choices Banker's acceptances. Commercial paper. Money market mutual funds. U.S. Treasury bills. Preferred stock.
Answer:
Preferred stock
Explanation:
The capital market instruments refer to the instrument that involves stock, bonds, debentures, the preferred stock that deals in the securities and come under the capital
Also, the other options that are mentioned are the money market examples
Therefore the correct option is preferred stock and the same is to be considered
Which scenario describes the highest level of productivity? A. Producing $50 chairs using resources that cost $400 B. Producing a 100 chairs using resources that cost $200 C. Producing 15 chairs using resources that cost $150 D. Producing 5 chairs using resources that cost $100
The highest level of productivity should be option B.
Calculation of highest productivity:For A. The cost should be $400 for 50 chairs so per chair should be = $400 ÷ 50 = 8.
For B. The cost should be $200 for 100 chairs so per chair should be = $200 ÷ 100 = 2
For C. The cost should be $150 for 15 chairs so per chair should be = $150 ÷ 15 = 10
For D. The cost should be $100 for 5 chairs so per chair should be = $100 ÷ 5 = 20.
Based on this, option b should be considered.
Learn more about the cost here: https://brainly.com/question/19817278
The study of modern management began in the late nineteenth century with the _______ and is centered around scientific management, bureaucratic organizations, administrative principles, and management science.
Answer:
the classical perspective
Explanation:
The term that is being described in this question is known as the classical perspective. This perspective revolves around the aspects mentioned with focus on efficiency, productivity, and output of employees in order to make sure the organization is operating as efficiently as possible as a whole entity. This completely excludes the human or behavioral attributes of the underlying employees.
Taxes on the property buyer Tamara is purchasing are $8,200, due on December 31. If the closing is set for June 29th, using the 365-day method, how much of the taxes will be credited to the buyer? (Assume it is not a leap year and the day of closing belongs to the seller.)
Answer:
$4,044
Explanation:
Calculation for how much of the taxes will be credited to the buyer
First step is to divide the annual taxes by the numbers of days in a year
$8,200 / 365 days
= $22.466 per day
Second step
Based on the information given we were told that the Seller's ownership started from January 1- June 29 which gave us 180 days, this means that we would multiply $22.466 per day by 180 days in order to know how much of the taxes will be credited to the buyer
Hence,
Amount credit to the buyer=180 days
x 22.466
Amount credited to buyer= $4,044
Therefore the amount of the taxes that will be credited to the buyer will be $4,044
All of the following are types of operating costs except
employee wages
equity capital
taxes
waste
Answer:
Operating costs are the costs associated with running a business on a day-to-day basis. This can include overhead, employee wages, taxes, waste, and more., so your answer would have been (equity capital)
Explanation:
you probably would have known if you looked through "4.01 Finances in the Advertising, Marketing, and Promotions Industry Introduction
" unit lesson, but you're welcome to others that may have needed help with this <3
Xavier produces and sells tomatoes in a purely competitive market. This implies that Xavier's marginal revenue from an extra unit of tomatoes is always equal to the:
Answer: unit price
Explanation:
A purely competitive market is a market whereby there are many firms that produce goods that looks the same and the prices for goods are based on demand of consumers. There's also free entry and exit and no supplier has the right to influence price.
Since Xavier produces and sells tomatoes in a purely competitive market. This implies that Xavier's marginal revenue from an extra unit of tomatoes is always equal to the unit price.
Cheyenne Company started the year with $52800 in its Common Stock account and a balance in Retained Earnings of $38700. During the year, the company earned net income of $42200 and declared and paid $17600 of dividends. In addition, the company sold additional common stock amounting to $24600. As a result, the amount of its retained earnings at the end of the year would be
Answer:
$63,300
Explanation:
ending balance of retained earnings account = beginning balance + net income - dividends paid = $38,700 + $42,200 - $17,600 = $63,300
Any issuance of common stocks will increase common stock account and possibly additional paid in capital, increasing total stockholders' equity but it will not increase retained earnings.
What is an advantage of radio advertising? It offers an excellent combination of reach and frequency. It is free from the problem of advertising clutter. It provides scope for unlimited creativity. It is a cost-effective method to reach all markets. It benefits from being long-lived and widely remembered.
Answer:
It offers an excellent combination of reach and frequency
Explanation:
The question basically seeks to extract the advantage of radio advertising in contemporary time. It must be noted that there are varying forms of advertisements, with one edging the other by one feature or the other.
The feature that ultimately stands radio advertising is the ubiquitous nature of its distribution. Simply put, it offers an excellent combination of reach and frequency. The implication of this is that the messages and information being passed out from this medium commands a far reach, attention and feedback from the larger audience.
While other listed options could be relevant, it must be stated that option A is the feature that categorically set radio advertisements apart from others.