A college student wanted to join her friends on a spring break trip but could afford it. If the student wishes to bring an action against the uncle, then the theory of recovery that would be most advisable for the student to pursue would be the Promissory estoppel. So option e. is correct.
Promissory estoppel is the legal principle that a promise is enforceable by law, even if created without formal consideration when a promisor has made a promise to a promisee who then depends on that promise to his subsequent detriment. Promissory estoppel is aimed to stop the promisor from contending that an underlying promise should not be legally defended or enforced. The doctrine of promissory estoppel is an aspect of the law in the United States and other countries, although the precise legal requirements for promissory estoppel vary not only between countries but also between different jurisdictions, such as states, within the same country.
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contrast the arguments concerning union membership that are likely to be presented by a union with those likely to be presented by an employer.
The arguments concerning union membership that are likely to be presented by a union with those likely to be presented by an employer. The union would argue that the establishment of the union is based on the need to properly represent the employees of the organization.
The union membership is made up mainly of workers. The trade union is an organization made up of members. The main aims of union trade is to protect and advance interest of its members in the workplace or an office. It is independent of any employer.
The union membership is in several categories like craft union, industrial union, Labor union, etc.
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concord corporation is contemplating the replacement of an old machine with a new one which of the following amounts is relevant to the replacement decidsion
Concord corporation, The following benefits result from replacing the old machine: = $154,000.
a) Information and computations
New machine, old machine
Price $200,000 $400,000
Amount of Accumulated Depreciation 60,000 -
10 years are yet in its usable life, which is 0
Useful life: 0–10 years
Operating expenses per year $160,000 $120,000
Relevant expenses
New machine, old machine
Operating expenses each year are $160,000 $120,000.
Total operating expenses per year: $1,600,000 $1,200,000 ($120,000 * 10)
Relevant cost Price 140,000 400,000
Value of an old machine for sale (14,000)
In total, $1,740,000 was spent; $1,586,000 was spent.
($1,740,000 - $1,586,000) The net benefit of replacing the old equipment is $154,000.
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Complete question is:
Concord corporation is contemplating the replacement of an old machine with a new one. The following information has been gathered: Old Machine New Machine Price $200000 $400000 Accumulated Depreciation 60000 -0- Remaining useful life 10 years -0- Useful life -0- 10 years Annual operating costs $160000 $120000 If the old machine is replaced, it can be sold for $14000. The company uses straight-line depreciation with a zero salvage value for all of its assets. The net advantage (disadvantage) of replacing the old machine is
Read the given case carefully and answer the questions below Nawal just graduated from IIM., Bangalore and joined his father’s new business, which employed 28 semi-skilled workers. After a week, his father, a retired government officer, called him and said, "Nawal, I have had a chance to observe your working with the men and women for the past few days. Although I hate to, I must say something. You are just too nice to people. I know they taught you human relations stuff at the IIM., but it just does not work here. I remember when the Hawthorne studies were first reported, everyone in the academic field got excited about them. But, believe me, there is more to managing people than just being nice to them." Questions Do you think Nawal's father understood and interpreted the Hawthorne studies correctly? If you were Nawal what would your reaction be to your father's comments?
Answer:
It is not clear from the given information whether Nawal's father understood and interpreted the Hawthorne studies correctly. The Hawthorne studies were a series of experiments conducted at the Hawthorne Works factory in the 1920s and 1930s to study the effects of lighting and other working conditions on productivity. The studies found that workers' productivity increased when they were given special attention and felt that their contributions were valued, regardless of the specific changes made to the working conditions. It is possible that Nawal's father misunderstood the findings of the Hawthorne studies and believed that simply being nice to workers is sufficient for managing them effectively.
If I were Nawal, I would explain to my father that the Hawthorne studies showed that giving workers special attention and valuing their contributions can improve their productivity, but that there are other important factors to consider when managing people effectively. I would also suggest that we discuss the specific issues and challenges facing our business, and come up with a plan to address them together.
suppose you are thinking about funding a kickstarter campaign for a hybrid mechanical/digital calendar for which you are willing to pay $125. to receive a calendar, the company requires you to pledge $100. you think there is about an 80% chance of the company succeeding. if the company fails, you will not receive a refund. Calculate the consumer surplus you obtain if the company succeeds to evaluate whether the bet is fair. a. Funding the calendar a fair bet b. A risk-averse individual take this bet acer
A fair bet is one with an expected value is zero. So, a bet say, you win $3 if a toss of a fair coin turn up with head face, whereas you loose $3 , if it turned up to be tail. Now here since it's a fair coin, probability of both the outcome is equal, expected outcome = 0.5*3 + 0.5*(-3) = 0
Expected outcome in this case = gain if the company succeed* probability that company succeed + loss if the company do not succeed* probability that company do not succeed.
= (Willingness to pay - the actual payment made) * 0.8 + (-100) *0.2 = 25*0.8- 0.2* 100 = 0
Hence, it's a fair bet.
A person is risk averse if he never accepts a fair bet. This is the defining characteristics of a risk averse individual.
A risk averse individual does not take this bet.
Expected Outcomes are statements that describe what we expect. participants/customers/learners to learn and achieve. • Describe the changes that will occur at a programmatic/operational level. • Expected outcomes describe what we expect the. program/department/office to achieve and produce.
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FILL IN THE BLANK. Company X allocated a large budget for web-based communication to promote its products. To determine the effectiveness of these communications, it should use ________ to measure how much time viewers spend on particular web pages, the number of pages they view, how many times users click banner ads, which website they came from, and so on.
To determine the effectiveness of these communications, Company X should use web-tracking software to measure how much time viewers spend on particular web pages, the number of pages they view, how many times users click banner ads, which website they came from, and so on.
Web-tracking software is a tool that track, measure, and report website activity and visitor behaviors such as traffic, performance, and the user clicks. Its objective is to show the user what is happening on their website so they can optimize the website according to their goals.
Several web-tracking software that can be used are:
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which one of the following is the most trustworthy sign that companies opting to install additional production capacity in the upcoming decision round will likely be challenged to avoid the extra costs of having unneeded or idle production capacity and/or excessively large year-end inventories of unsold branded footwear?
The option that is the most trustworthy sign that companies opting to install additional production capacity in the upcoming decision round is option B: In the upcoming year, Potential Global Supply of footwear exceeds Potential Global Demand by 5 million pairs, as reported in the Supply/Demand Analysis section on p. 4 of the most recent FIR No companies lost sales due to stockouts in any of the four geographic regions in the most recent decision round.
Why is supply and demand analysis important?The link between supply and demand is crucial because it helps to establish the costs and availability of the majority of goods and services in a given market. The interplay between supply and demand eventually balances out in accordance with the tenets of a market economy.
Therefore, one can say that the study of how buyers and sellers interact to establish transaction prices and quantities is known as demand and supply analysis. We shall see that prices simultaneously represent the worth of the next (or marginal) unit to the buyer and the cost of the unit to the seller. Hence, is trustworthy.
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Electric power companies often give advice on how consumers can use less electricity during the summer and save money on their electric bills. This is an example of demarketing.
True
True. Electric power companies often give advice on how consumers can use less electricity during the summer and save money on their electric bills. This is an example of demarketing.
Demarketing may be considered “unselling” or “marketing in reverse”, which includes general and selective demarketing. Although the concept of demarketing lacks a precise theoretical definition, it refers to an attempt by the firm to discourage all or some of its customers from making purchases either temporarily or permanently. Since the initial interests in the subject area of how to market strategically in times of shortages began, different viewpoints have been offered as to how the firm should pursue demarketing.
Demarketing" that some commodities are either unsafe for users or in little supply. These commodities must be carefully managed. Therefore a term coined “Demarketing" was described as "that aspect of marketing that deals with discouraging customers in general or a certain type of customers in particular on a temporary or permanent basis."
"Demarketing is the science of limiting demand for something, such as the demand for water when there is a lack of supply." It refers to any attempt to deter people from purchasing a certain product. Companies can use it to regulate product use, pricing, or demand in a number of conditions.
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Complete question: True or False. Electric power companies often give advice on how consumers can use less electricity during the summer and save money on their electric bills. This is an example of demarketing.
Case a) A supermarket chain wants to know which of two merchandise display methods is more effective. They randomly assign 15 stores to use display type and 15 others to use display type B, then collect data about the number of items sold at each store and note that the standard deviations of the sales of stores in the sample groups using display A and display B are 3 and 5 respectively. Case b) Tags placed on garbage cans allow the disposal of up to 30 pounds of garbage_ A random sample of 22 cans averaged 33.2 pounds with a standard deviation of 3.2 pounds You want to know whether the residents overload their garbage cans or not:
No, it is not true in case of a supermarket chain that you want to know whether residents overload their garbage cans.
What is a supermarket?A supermarket is a self-serve facility that provides a significant assortment of commodities for the home, including foods, beverages, and household items that are organized into categories. The size and product selection of this kind of store are, however, smaller and less varied than those of a hypermarket or big-box market. Additionally, it is bigger than early food stores. Typically, the supermarket has departments for fresh fruit, dairy, deli, baked products, and meat. Cans, packages, and a wide range of non-food products, such as cookware, cleaning goods, medications, and pet supplies, all have special allocated shelves. Hypermarkets are typically described as large, attached department shops with full-service supermarkets. A typical classic single-level supermarket requires a large quantity of floor area.
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gross domestic product as it is commonly calculated includes estimates of the money value of the following economic activities (mark all that are correct):
When calculating gross domestic product, government purchases are used to estimate the monetary worth of the commodities and services provided by the productive sector and consumed by households. The right answers in this case are C and D.
Since it tells us about the size and health of an economy, GDP is important. Real GDP growth is commonly employed as a proxy for the state of the economy as a whole. Real GDP growth is typically regarded as a sign that the economy is doing well.
It indicates the total value of all commodities and services produced inside a nation's boundaries within a certain time period.
GDP may be used by economists to assess whether an economy is expanding or going through a recession. Investors can utilize GDP to guide their decision-making. Lower earnings and stock prices are frequently a result of a weak economy.
Complete question:
Gross domestic product as it is commonly calculated includes estimates of the monetary value of the following economic activities (mark all that are correct):
A - Nonmarket transactions.
B - An estimate of illegal transactions.
C - The goods and services produced by the productive sector and consumed by households.
D - Government purchases.
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A bakery operating in a competitive market sells its output for $20 per cake and hires labor at $10 per hour. To maximize profit, it should hire labor until the marginal product of labor is how many cakes per hour?
To maximize profit, The bakery should hire labor until the marginal product of labor is equal to 20 cakes per hour.
This means that the bakery should hire labor until the additional cakes per hour (the marginal product of labor) is equal to $20. This implies that the bakery should hire labor until they are producing 20 cakes per hour.
The marginal product of labor is the amount of output that an additional unit of labor can produce.The marginal cost of labor (or the cost of hiring an additional hour of labor) is $10.
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in an engagement to review the financial statements of a nonissuer, the accountant most likely would perform which of teh following procedures
Analysis of inventory turnover procedures would probably be carried out by the accountant in a project to analyze the financial accounts of a non-issuer.
What are the methods of inventory analysis?Analysis methods including gross margins, days with inventory on hand, inventory turnover ratio, and historical costs of inventory can be used to study inventory.
The inventory turnover ratio is what.The interval between the procurement of a product by a company and its sale is known as inventory turnover. The phrase "full turnover of inventory" refers to the sale of all the goods that were bought, excluding any products lost to damage or shrinkage.
The inventory turnover ratio is the frequency with which a company sells and replenishes its stock over a specified time period. Using the technique, one can also calculate how many days it will take to sell the current inventory.
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The income statement, balance sheets, and additional information for Great Adventures, Inc., are provided below.
GREAT ADVENTURES, INC.
Income Statement
For the year ended December 31, 2022
Net revenues: $ 172,710 Expenses: Cost of goods sold $ 38,900 Operating expenses 56,280 Depreciation expense 17,850 Interest expense 7,782 Income tax expense 14,900 Total expenses 135,712 Net income $ 36,998 GREAT ADVENTURES, INC.
Balance Sheets
December 31, 2022 and 2021
Increase (I) or
2022 2021 Decrease (D)
Assets Current assets: Cash $ 211,112 $ 61,860 $ 149,252 (I)
Accounts receivable 48,320 0 48,320 (I)
Inventory 7,800 0 7,800 (I)
Other current assets 980 4,820 3,840 (D)
Long-term assets: Land 580,000 0 580,000 (I)
Buildings 824,000 0 824,000 (I)
Equipment 70,240 44,000 26,240 (I)
Accumulated depreciation (26,050 ) (8,200 ) 17,850 (I)
Total assets $ 1,716,402 $ 105,200 Liabilities and Stockholders’ Equity Current liabilities: Accounts payable $ 24,320 $ 2,960 $ 21,360 (I)
Interest payable 790 790 Income tax payable 14,900 14,080 820 (I)
Other current liabilities 23,400 0 23,400 (I)
Notes payable (current and long-term) 603,704 30,800 572,904 (I)
Stockholders’ equity: Common stock 128,000 20,000 108,000 (I)
Paid-in capital 976,800 0 976,800 (I)
Retained earnings 58,488 33,850 24,638 (I)
Treasury stock (114,000 ) 0 (114,000 ) (I)
Total liabilities and stockholders’ equity $ 1,716,402 $ 105,200 Additional Information for 2022:
Land of $580,000 was obtained by issuing a note payable to the seller.
Buildings of $824,000 and equipment of $26,240 were purchased using cash.
Monthly payments during the year reduced notes payable by $7,096.
Issued common stock for $1,080,000.
Purchased 10,800 shares of treasury stock for $19 per share.
Sold 4,800 shares of treasury stock at $20 per share.
Declared and paid a cash dividend of $12,360
Required:
Prepare the statement of cash flows for the year ended December 31, 2022, using the indirect method. (List cash outflows and any decrease in cash as negative amounts.)
GREAT ADVENTURES, INC.
Statement of Cash Flows
For the Year Ended December 31, 2022
Cash Flows from Operating Activities Adjustments to reconcile net income to net cash flows from operating activities: Net cash flow from operating activities $0
Cash Flows from Investing Activities Net cash flow from investing activities 0
Cash Flows from Financing Activities Net cash flows from financing activities 0
0
Cash at the beginning of the period Cash at the end of the period $0
Note: Noncash Activities
GREAT ADVENTURES, INC.
Statement of Cash FlowsFor the Year Ended December 31, 2022
Operating Activities:Net income $36,998
Noncash operating expenses:
Depreciation expense 17,850
Cash flow from operations $54,848
Adjustments:
Increase/Decrease in working capital:
Accounts receivable (48,320)
Inventory (7,800)
Other current assets 3,840
Accounts payable 21,360
Income tax payable 820
Other current liabilities 23,400
Net cash flow from operating activities $48,148
Investing Activities:Building ($824,000)
Equipment (26,240)
Net cash flow from investing activities ($850,240)
Financing Activities:Note Payable ($7,096)
Common Stock 108,000
Paid-in Capital 976,800
Treasury Stock (114,000)
Cash Dividend (12,360)
Net cash flows from financing activities $951,344
Net cash flow $149,252
Cash at the beginning of the period $61,860
Cash at the end of the period $211,112
Net cash flow generated $149,252
Note: Noncash Financing and Investing Activities:
Note Payable $580,000
Land $580,000
What is a cash flow statement?A cash flow statement or a statement of cash flows summarizes the entity's cash inflows and outflows for the financial year.
The cash flow statement is classified into operating, financing, and investing activities, with a note for noncash activities.
GREAT ADVENTURES, INC.
Income StatementFor the year ended December 31, 2022
Net revenues $ 172,710
Expenses:
Cost of goods sold $ 38,900
Operating expenses 56,280
Depreciation expense 17,850
Interest expense 7,782
Income tax expense 14,900
Total expenses 135,712
Net income $ 36,998
GREAT ADVENTURES, INC.
Balance SheetsDecember 31, 2022, and 2021
2022 2021 Increase (I)
or Decrease (D)
Assets Current assets:
Cash $211,112 $61,860 $149,252 (I)
Accounts receivable 48,320 0 48,320 (I)
Inventory 7,800 0 7,800 (I)
Other current assets 980 4,820 3,840 (D)
Long-term assets:
Land 580,000 0 580,000 (I)
Buildings 824,000 0 824,000 (I)
Equipment 70,240 44,000 26,240 (I)
Accumulated depreciation (26,050) (8,200) 17,850 (I)
Total assets $ 1,716,402 $ 105,200
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable $24,320 $2,960 $21,360 (I)
Interest payable 790 790
Income tax payable 14,900 14,080 820 (I)
Other current liabilities 23,400 0 23,400 (I)
Notes payable (current and long-term) 603,704 30,800 572,904 (I)
Stockholders’ equity:
Common stock 128,000 20,000 108,000 (I)
Paid-in capital 976,800 0 976,800 (I)
Retained earnings 58,488 33,850 24,638 (I)
Treasury stock (114,000) 0 (114,000) (I)
Total liabilities and stockholders’ equity $1,716,402 $ 105,200
Additional Information for 2022:
Note Payable paid = $7,096 ($30,800 + $580,000 - $603,704)
Building $824,000
Equipment $26,240
Common Stock $108,000
Paid-in Capital = $976,800 [$0 + $972,000 + (4,800 x $20 - $19)]
Treasury Stock = $114,000 [$0 + (10,800 - 4,800 x $19)]
Cash Dividend = $12,360
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Let L represent the number of workers hired by a firm, and let Q represent that firm's quantity of output. Assume two points on the firm's production function are (L = 5, Q = 120) and (L = 8, Q = 180). Then the marginal product of the 8th worker is
- 20 units of output.
- 60 units of output.
- 37 units of output.
- 100 units of output.
With two points on the firm's production function are (L = 5, Q = 120) and (L = 8, Q = 180). Then the marginal product of the 8th worker is 20 units of output.
The marginal product or marginal physical productivity of an input (factor of production) in economics, and particularly neoclassical economics, is the change in output that results from using one more unit of a specific input (for example, the change in output when a firm's labor is increased from five to six units), assuming that the quantities of other inputs are kept constant.
One must isolate a particular change in a firm and monitor how that change impacts output in order to effectively calculate marginal product.
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Consider a covered call (buy the stock, write a call option against it) position in Goldman Sachs (GS). Currently GS sells for $185. Also, a call option with an exercise price of $200 can be sold for $12.50. What is your profit per share at expiration from the covered call position if GS is selling for $225
-$12.5 is your profit per share at expiration from the covered call position if GS is selling for $225.
A covered call is an options trading strategy of an option plus a stock
Covered call is the combination of
1) Long position on the stock( Buy the stock)
2) Short position on the call ( Sell the call)
Current GS price = S0 = $185, stike or exercise price of call =K= $200, cost of call = C = $12.50
The covered call is being expried when GS price = S1 = $225
Since it is a call option, the option buyer will have right to exercise the option if strike price is higher than stock price
here strike price = $200 and stock price = $225, so it will be exercised
So, the seller of the call option will loose the difference between two which is = $225-$200 = $25
But, he sold the call option, so he might have got the price of call option which is $12.50
total loss = -$25+$12.50 = -$12.5.
In economics, profit is the difference among the sales that an economic entity has received from its outputs and the overall fee of its inputs. it is identical to overall revenue minus total fee, such as both explicit and implicit charges. In economics, profit is the distinction between the sales that an financial entity has received from its outputs and the entire cost of its inputs. it's miles equal to general revenue minus total fee, which include each explicit and implicit expenses. profit, in commercial enterprise utilization, the excess of overall revenue over general fee in the course of a particular time period. In economics, earnings is the excess over the returns to capital, land, and labour (interest, lease, and wages).
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name a company which is currently facing an business issue or problem, describe the issue and discuss why (if you were a consultant) you'd want to solve it
Zillion is a company which is facing the issue of strong brand identity which is one of the biggest business problem.
The visible components of a brand, such as its color scheme, logo, and design, are known as its brand identity. It is the way a company, corporation, or business conducts itself in front of the general public and stands out to customers. Simply said, it's what you, your clients, and potential clients can see.
A corporation must have a thorough awareness of its target market, rivals, and the surrounding business environment in order to project a strong sense of brand identity. Core and extended identities are both parts of a brand's identity. The extended identity includes the detailed aspects of the brand that contribute to a recurring pattern, whereas the core identity shows consistent long-term associations with the brand.
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the atmospheric component of the global phosphorus cycle is much reduced in comparison to the atmospheric component of the carbon and nitrogen cycles. t/f
"The atmospheric component of the global phosphorus cycle is much reduced in comparison to the atmospheric component of the carbon and nitrogen cycles." This statement is True.
An surroundings (from historical Greek ἀτμός (atmós) 'vapour, steam', and σφαῖρα (sphaîra) 'sphere') is a layer of fuel or layers of gases that envelop a planet, and is held in place through the gravity of the planetary frame. A planet retains an atmosphere whilst the gravity is outstanding and the temperature of the ecosystem is low.[1] A stellar ecosystem is the outer area of a celebrity, which includes the layers above the opaque photosphere; stars of low temperature would possibly have outer atmospheres containing compound molecules.
The atmosphere of Earth is composed of nitrogen (seventy eight%), oxygen (21%), argon (0.9%), carbon dioxide (zero.04%) and trace gases.[2] most organisms use oxygen for breathing; lightning and bacteria perform nitrogen fixation to supply ammonia that is used to make nucleotides.
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Samantha invested $1,000 in an account that pays 5% interest compounded annually. Assuming no deposits or withdrawals are made, find how much money Samantha would have in the account after her initial investment. Round to the nearest tenth (if necessary).
Samantha put $1,000 into an account that accrues 5% interest, or $2406.61 yearly.
Why not explain interest?The fee you pay when borrow the money or the fee you pay to lend the money is called interest. The most common way to represent interest is as a yearly percentage of the loan amount. The rate of interest on the loan is known as this percentage.
What does interest, for instance, mean?the desire to give something your whole attention or to become interested in and learn more about something: I've been fascinated by astronomy my entire life. He never appears to be interested in his kids.
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people believe they own and have a right to control their private information. people control their private information through the use of personal privacy rules. when others are told or given access to a person's private information, they become co-owners of that information. co-owners of private information need to negotiate mutually agreeable privacy rules about telling others. when co-owners of private information don't effectively negotiate and follow mutually held privacy rules, boundary turbulence is the likely result.
Revelation makes a co-proprietor and friend: An individual's private data is imparted to others when they are educated about it or find out about it.
When co-proprietors of individual data wear arrange or observe privacy rules what happens?
Co-proprietors of private data should come to commonly adequate protection principles on sharing that data. 5. Limit choppiness is probably going to happen when co-proprietors of private data neglect to arrange and stick to commonly held protection standards effectively.
Somebody makes someone else a co-proprietor of the data when they choose to unveil private data to them. Co-proprietorship involves rules, commitments, and privileges that should be settled upon both the party unveiling the data and the party getting it.
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the following income statement and balance sheets for laser world are provided: laser world income statement for the year-ended december 31, 2021 sales revenue $ 2,270,000 cost of goods sold 1,590,000 gross profit 680,000 expenses: operating expenses 340,000 depreciation expense 65,000 loss on sale of land 4,900 interest expense 21,000 income tax expense 57,000 total expenses 487,900 net income $ 192,100
Income statement and balance sheets for laser world are provided with laser world's income statement for the year ended December 31, 2021 sales revenue is $280,000.
*Calculations for Total current assets and Total current liabilities:
Current assets: 2021 Current liabilities: 2021
Cash $120,000 Accounts payable $55,000
Accounts receivables $90,000 Interest Payable $8,000
Inventory $120,000 Income tax payable $15,000
Prepaid expenses $10,000
Total current assets (a) $340,000 Total current liabilities (a) $78,000
*Calculation of Net operating income :
2021
Sales revenue $2,200,000
Cost of goods sold ($1,500,000)
Operating expenses ($350,000)
Depreciation expenses ($70,000)
Net operating income $280,000
A balance sheet is a statement of a business's assets, liabilities, and owner's equity as of any given date. Typically, a balance sheet is prepared at the end of set periods (e.g., every quarter; or annually). A balance sheet is comprised of two columns. The column on the left lists the assets of the company.
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significant changes in stockholders' equity are reported in question 12 options: income statement retained earnings statement statement of stockholders' equity statement of cash flows
Significant changes in stockholders' equity are reported in: C. statement of stockholders' equity .
What is statement of stockholder's equity?Statement of stockholder's equity are often use to shown any form of changes or modification that has occur in the stockholder equity of a company . Stockholder equity tend to as well show the difference in a company assets and liabilities.
Statement of stockholder's equity is often show a company or an organization balance sheet.
Therefore the correct option is C.
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The less specific you are while writing your business messages, the greater the possibility that your readers will
read your message more carefully.
focus on the main message.
be assured of your credibility.
scan and skim your message.
be assured that you are not hiding facts.
The less specific you are while writing your business messages, the greater the possibility that your readers will scan and skim your message.
How Do You Write in Business?In a professional environment, business writing is a style of writing that is employed. It is written with a specific goal in mind and does a good job of effectively, succinctly, and clearly transferring important information to the reader. Proposals to clients, reports, notes, emails, and notifications are all included. The key to efficient communication in the workplace is having strong business writing skills.
What Constitutes a Good Business Writing Practice?Writing takes on a direction and develops its tone, structure, and flow when its goal is clear.Writing is less organized, rambling, and repetitious when thought is done while writing as opposed to before.The dissemination of accurate and worthwhile information is the main objective of business writing.A straightforward writing style helps the reader understand the content much better.It is advised to embrace helpful criticism from peers and edit the paper accordingly.Just say it.Good grammar conveys ability and attention to detail, both of which are qualities that are highly prized in the corporate world.Executives in business like a paper that can be quickly understood.To know more about business message visit
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which of the following statements is true? group of answer choices oil is classified as part of the resource category land. a person working for a company is classified as part of the resource category capital. a machine in a factory is classified as part of the resource category land. a person with the particular talent for organizing the resources of land, labor, and capital to produce goods, seek new business opportunities, and develop new ways of doing things is classified as part of the resource category labor. a and d
Oil is viewed as a land asset, as oil is normally happening in the old rocks of the earth in this way are called raw petroleum happens in crude structures. Around 84% of oil holds happen in offshores.
The complete assessed oil repository of the oil depends on the geologic information acquired from the oil wells. With approx, 4.1 million barrels of oils are held in essential stores.
Strategies for the assessment of oil in places are Volumetric techniques, material equilibrium techniques, and creation decline bend strategy. New exploration recommends that the oil saves have been tracked down in Canada and the Antarctic circle.
Most extreme stores have been tracked down in Venezuela, Saudi Arabia, and Canada as these terrains have extraordinary stores of mineral sand and sedimentary stone.
Therefore oil is the land resource.
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Stockholders of Dogs R Us Pet Supply expect a 12% rate of return on their stock. Management has consistently been generating an ROE of 15% over the last 5 years but now believes that ROE will be 13% for the next 5 years. Given this, the firm's optimal dividend payout ratio is now ______.
A. 0%
B. 100%
C. between 0% and 50%
D. between 50% and 100%
Stockholders of Dog's R Us Pet Supply expect a 12% rate of return on their stock. Management has consistently been generating a ROE of 15% over the last 5 years but now believes that ROE will be 12% for the next five years. Given this the firm's optimal dividend payout ratio is now 100%
Investors use the dividend payout ratio to work out which businesses are best aligned with their goals. In most cases, firms with a high average dividend payout ratio are preferable for investors because they are likely to provide a steady stream of income. Furthermore, investors are likely to look at the trend in a company’s dividend payout ratio before deciding whether to invest. A downward trend of payouts may be a cause for concern, whereas a business that has consistently issued 20% of its profits to shareholders may be seen as a good bet for consistent and sustainable income.
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one of the advantages the balanced scorecard has over traditional control processes that rely soley on financial measures is that it .
Minimizes the chances of suboptimization one of the advantages the balanced scorecard has over traditional control processes that rely soley on financial measures
How does suboptimization work?A process or system that is inefficient or unproductive results in suboptimization, which is a decreased level of production. Suboptimization may also result from a concentration on improving a single aspect of a firm rather than its overall performance. The foundation for a connection among both organizational structure & the policies chosen is the suboptimization principle.
What kind of suboptimization is that?A manufacturing unit scheduling production to benefit its pricing structure without consideration of client requirements or the impact on other business units is an example of sub-optimization.
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Gainsborough Traders has orders of 10,000 lbs each of goods for four customers. It charges $15.00 per hundredweight (cwt) (cwt = 100 lbs) to ship direct, or $10.00 per cwt for shipments greater than 30,000lbs. If orders are combined into one shipment, it charges a $400 fee for each stop made. What is the savings from consolidating orders into one shipment?
a. $2000
b. $600
c. $400
d. $200
$600 is the savings from consolidating orders into one shipment. Consolidating your packages can also save your delivery costs. Every parcel is subject to a flat fee that carriers charge.
You only have to pay the fees once when you combine your things into one box. Individual LCL shipments from different shippers are combined into a single full container shipment using the shipping process known as "consolidated shipping." Shippers who take part in consolidated shipping receive preferential costs. Faster transit times and shorter wait times for small loads are two benefits of freight consolidation. Your goods will be available for shipment as needed if your freight is kept at a consolidation facility.
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When interpreting measures from financial statement analysis, we need to decide whether the measures indicate good, bad, or average performance. What do we use or need ? Or benchmarks for comparison
When interpreting measures from financial statement analysis, we need standards for comparisons.
Comparing the data to a previous period, a rival, the industry average, or a baseline are the criteria for comparing ratios. Four criteria are used to compare financial analysis results: analysis of financial ratios.
Based on information from financial accounts, this analysis would calculate financial ratios to evaluate a company's liquidity, solvency management, profitability, and market potential.
Financial statement analysis entails analyzing financial reports to comprehend an organization's financial position. Decisions about lending and investing can be based on the findings. The following items for a company's financial statements throughout a number of reporting periods are to be identified during this assessment.
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the security guards and tellers at national bank receive extensive training on how to handle medical emergencies, angry customers, and suspicious packages. which of the following security programs is most likely being used at national bank?
Organizational security is the security program which is most likely being utilised at national bank.
Organizational security policies are a set of rules or directives that an organization puts on its operations in order to protect sensitive data.
Availability, integrity, and confidentiality are the three security objectives. All information security precautions are made to achieve one of the three objectives listed below: Maintain the privbacy of the data. uphold the data's accuracy. Encourage the authorized accessibility of data .
Every business needs reliable workplace security since it reduces the amount of insurance, benefits, liabilities, and other expenses the company must pay to its stakeholders. As a result, operating expenses are reduced and corporate income is raised.
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To support National Heart Week, the Heart Association plans to install a free blood pressure testing booth in El Con Mall for the week. Previous experience indicates that, on average, 6.0 persons per hour request a test. Assume arrivals are Poisson distributed from an infinite population. Blood pressure measurements can be made at a constant time of six minutes each. Assume the queue length can be infinite with the FCFS discipline.
a. What average number in line can be expected? (Round your answer to 3 decimal places.)
b. What average number of persons can be expected to be in the system? (Do not round your intermediate calculations. Round your answer to 3 decimal places.)
c. What is the average amount of time that a person can expect to spend in line? (Do not round your intermediate calculations. Round your answer to 4 decimal places.)
d. On average, how much time will it take to measure a person’s blood pressure, including their
Answer:
a).
Arrival Rate = 6 per hour
Service Time: 6 min.
The hourly service rate is equal to 60/6.
Average Number of People in Line Lq is equal to Arrival Rate 2 (Service Rate (Service Rate - Arrival Rate))
Lq = 6^2 / (10*(10-6))
b) Average Number in System L = Arrival Rate / Lq = 36/40 Lq = 0.900 (Service Rate - Arrival Rate)
L = 6/(10-6) (10-6)
L = 6/4
L = 6/4
c) The average wait time (Wq) is calculated as Arrival Rate / (Service Rate* (Service Rate - Arrival Rate)).
Wq = 6/(10*(10-6))
Wq equals 6/40 hours
Wq equals 6*60/40 minutes.
Wq = 9 minutes
d)
W = 1/(Service Rate - Arrival Rate) Average Number
W = 1/(10-6) (10-6)
W = 1/4 hour
W = 60/4 seconds
W = 15 minutes
Exactly how are arrival and service rates determined?Queuing formulae:It's necessary to establish certain performance measurements before doing queue analysis. Two crucial measures are:
L stands for the typical client count, and W for the typical customer dwell duration.
If we assume that a represents the typical rate of customer arrivals and h represents the typical rate at which customers can be helped or served (to use the terminology from the student activity), then 1/a represents the typical interval between subsequent arrivals and 1/h represents the typical service time per customer.
The average number of arrivals during an average service period is also reflected in the relationship between customer service rate and customer arrival rate, x = a/h.
2 It can be demonstrated that this formula also accurately captures the server's utilization rate.
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the management of lanzilotta corporation is considering a project that would require an investment of $213,000 and would last for 6 years. the annual net operating income from the project would be $105,000, which includes depreciation of $28,000. the scrap value of the project's assets at the end of the project would be $25,000. the cash inflows occur evenly throughout the year. the payback period of the project is closest to (ignore income taxes.):
Payback period of 2.02 years is the correct answer.The payback period of the project is the amount of time it takes to recover the initial investment. The term "payback time" refers to the amount of years needed to recoup the initial monetary outlay.
It is, in other words, the length of time that a machine, facility, or other investment has generated enough net income to pay its investment costs.
To calculate the payback period, we need to divide the initial investment of $213,000 by the annual net operating income of $105,000. This gives us a payback period of 2.02 years. Since the cash inflows occur evenly throughout the year, the payback period for the project is closest to 2 years.
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the product development group at landon corporation has been working on a new computer software product that has the potential to capture a large market share. through outside sources, landon's management learned that a competitor is working to introduce a similar product. as a result, landon's top management increased its pressure on the product development group. the group's leader turned to pert/cpm as an aid to scheduling the activities remaining before the new product can be brought to the market. the project network is as follows.
In the product development group at Landon corporation Probability the project get completed within 30 weeks is .975
Expected time = (Optimistic time + 4* Most Probable + Pessimistic time ) / 6. Variance = (S.D.)2 and S.D. (Standard deviation) = (Pessimistic time - Optimistic time) / 6
Activity Expected Time Variance Critical Activity
A 4 0.11 No
B 4 0.44 Yes
C 5 0.11 No
D 3 0.11 No
E 10 1.78 Yes
F 9 0.69 No
G 6 0.25 No
H 7 1.78 Yes
I 3 0.44 No
J 5 0.11 Yes
Critical path is B- E- H- J with expected duration is 26 weeks (4+10+7+5) with variance 4.11 or S.D. 2.03
The project time(say X) follows normal distribution with mean 26 weeks and standard deviation 2.03, and the Standard normal variable Z = (X-26)/2.03
Therefore Prob.(25) = Prob. (Z=.49261) hence Probability the project get completed within 25 weeks is .311
Similarly Prob.(30) = Prob. (Z= 1.97) hence Probability the project get completed within 30 weeks is .975.
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