False, A profit center has the power to make important investment decisions and generates money.
What is an example of investing?Any method for producing potential future revenue might be referred to as an investment. Buying bonds, equities, or real estate investments are a few examples of this. A property that could be utilized to create things can also be bought and regarded as an investment.
What constitutes a wise investment choice?A good investment concept has a high chance of succeeding. An investment should have a low risk level. Investing involves volatility and occasional losses. There should be no possibility of losing the entire investment with a successful investment.
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B-Balls, a manufacturer of athletic balls, is facing increased competition due to the entry of several new firms into the industry. These new competitors have resulted in reduced demand for B-Balls' basketballs, and the company is losing money. What should B-Balls do in regard to output for their basketballs to help minimize losses until some firms exit the industry? They should reduce output to wherever their new MR curve equals the MC curve caused by a leftward shift in demand. They should reduce output to wherever their new MR curve is greater than the MC curve caused by a leftward shift in demand. They should increase output to wherever their new MR curve equals the MC curve caused by a leftward shift in demand. They should increase output to wherever their new MR curve is less than the MC curve caused by a leftward shift in demand.
The B-Balls in regard to output for their basketballs to help minimize losses until some firms exit the industry, they should cut back on production until their new MR curve meets the MC curve.
A firm is a for-profit organization which tend to offer professional services and also is often created as a partnership. Which can also be a firm such as a corporation, limited liability company (LLC), or partnership.
However, the firm then tends to cut back on the production which is until their new MR curve then meets the MC curve which is thus brought on by a leftward change in demand.
Hence, these new competitors have resulted in reduced demand.
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which of the following probably occurred as the u.s. economy experienced increasing real gdp in 1954? check all that apply. total real income increased. the unemployment rate declined. car sales declined. consumer spending declined.
The following likely happened in 1954 as the US economy had an increase in real GDP.
1. Consumer spending went up.
Briefing:-“Retail” is a relative term
3-The rate of unemployment fell.
Quiz about potential real GDP.possible GDP. the real GDP value at full employment of all the economy's production factors—labor, capital, land, and entrepreneurial skill.
What are short-term changes in real GDP known as?Although real GDP suffers ups and downs in the short term, it generally tends upward over time. Recessions are frequently used to describe these short-term variations in real GDP.
Are real GDP short-term variations predictable?These variations are unpredictable and erratic. When recessions do happen, unemployment increases, while real GDP and other metrics of income, consumption, and production decline. Using the paradigm of aggregate demand and supply, economists examine short-term economic variations.
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When the allowance method of recognizing uncollectible accounts is used, the entry to record the write-off of a specific account
No effect increase
What does Allowance Method mean?With the allowance technique, a reserve is set up for anticipated future bad debts. The reserve is calculated as a percentage of the sales made during the reporting period, with the potential for adjustments for the risk related to certain customers.
Uncollectible accounts are recorded where?On the balance statement, the provision for doubtful accounts and bad debt expense are both disclosed. While the provision for doubtful accounts is shown on the balance sheet, bad debt expense is shown on the income statement.
How do you record accounts that are uncollectible?a. A reduction in accounts payable
b. An adjustment to the provision for doubtful accounts
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Investment firms that pool money from individuals and/or institutions and invest equity funds in startup firms are called
A. top-tier bankers.
B. Section 20 affiliates.
C. venture capital firms.
D. ECNs.
E. discount brokerage houses.
c
Investment firms that pool money from individuals and/or institutions and invest equity funds in startup firms are called: C. venture capital firms.
What is Venture capital firms?Venture capital firms can be defined as the type of firm that help to provide start up capital to new business owner or small scale business owners that have a good business prospect but does not have capital to start up their business.
How this venture capital firms tend to get the money which they invest on start up business owners is that they tend to pool money from people or institution.
Therefore the correct option is C.
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identify the last closing entry: multiple choice question. close the drawing account to the owner's capital account close income summary account to the owner's capital account close expense accounts to the income summary account close revenue accounts to the income summary account
A closure entry is made in the journal at the end of the accounting period, transferring data from temporary accounts to permanent accounts.
After recording a closing entry, all revenue accounts are then moved to the income summary. This is done by making a journal entry debiting all revenue accounts and crediting the income summary. The next step is to determine expenses using the same process. At the conclusion of an accounting period, a closure entry is created to move money from a temporary account to a permanent account. Closure entries are used by businesses to zero out temporary accounts, which display balances for a specific accounting period. Choose the final closing entry from the list of options. close the owner's capital account's drawing account.
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mavis is a customer service manager. suppose one of the business objectives at mavis's firm is to improve customer service by offering a consistently high level of service that exceeds customers' expectations. which of the following statements about this situation is false?
Mavis should initiate a project to reduce costs by eliminating all but essential customer services is false.
What are customer services?Customer service is the help you give your clients so they may have a simple, joyful interaction with your brand both before and after they purchase and utilize your goods or services. However, providing good customer service goes beyond resolving issues and closing tickets.
The main responsibility of a customer service representative is to communicate with clients in order to address their issues, respond to their inquiries, and meet their demands. Frequently, a customer support professional will respond to emails and phone calls from consumers, addressing their queries and issues. Customers are more loyal and employees' duties are made easier when they receive good customer service. This in turn fosters corporate expansion.
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a firm has a lower inventory turnover, a longer acp, and a lower fixed-asset turnover than the industry averages. you should not be surprised to find that this firm has: lower asset turnover ratio than the industry average lower return on assets ratio than the industry average lower return on equity ratio than the industry average
A firm has a lower inventory turnover, a longer ACP, and a lower fixed-asset turnover than the industry averages. You should not be surprised to find that this firm has:
I. Lower ATO than the industry average
II. Lower ROA than the industry average
III. Lower ROE than the industry average
The Risk Management Association's Annual Statement Studies are the primary source for industry ratios (RMA). The print editions are located in the reference section of the library. RMA ratios can be found in the IBISWorld database online as well. Sector averages are frequently used as benchmarks or tools to assist businesses compare their performance to others in the industry and assess their financial success. It aids in decision-making and is a helpful tool for investors and company managers.
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Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,600 pounds of material, $5.20; and standard costs for 4,480 pounds of material at $6.40 per pound. What is the direct materials price variance? O $5,520 unfavorable O $768 unfavorable O $5,520 favorable O $768 favorable
Direct material price variance is $5,520 Favorable.
Direct material price variance = (SP - AP) * AQ = ($6.40 - $5.20) * 4600 = $5,520 Favorable
Direct material is the bodily objects constructed right into a product. for example, the direct materials for a baker encompass flour, eggs, yeast, sugar, oil, and water. The direct materials idea is used in fee accounting, wherein this fee is separately classified in numerous sorts of economic evaluation.
Direct materials cost the value of direct substances which may be without difficulty recognized with the unit of manufacturing. as an example, the fee of glass is a direct substances cost in mild bulb production. The manufacture of products or items required fabric because the prime element.
Direct material charges are the costs of uncooked substances or parts that go at once into generating merchandise. for instance, if agency A is a toy manufacturer, an instance of a direct cloth value will be the plastic used to make the toys.
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FILL INTHE BLANK the opportunity cost of holding money is measured by the foregone _______ or return on investment that could have been earned by holding other financial assets instead of money.
The opportunity cost of holding money is measured by the foregone return
What are the dangers of holding money as an asset?The opportunity cost of holding money is the interest on an alternative asset that is forfeited. The opportunity cost of holding money, which is represented by the nominal interest rate, is equal to the real interest rate on an alternative asset plus the expected inflation rate, which is the rate at which money loses its purchasing value.
How is a dollar's opportunity cost determined?Opportunity cost is calculated as follows using the formula below: Return on the Most Profitable Investment minus Return on Investment Pursued is used to determine opportunity cost.
How Does Opportunity Cost Work?Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. Opportunity costs are by definition invisible, making it simple to ignore them.
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6) When Nike attempts to get close to its customers at the local level by sponsoring local school teams and providing shoes, equipment, and clothing to many of them, Nike is using which of the following marketing formats?
A) differentiated marketing
B) affiliate marketing
C) guerrilla marketing
D) affinity marketing
E) grassroots marketing
Nike uses the grassroots marketing techniques for the sales.
What is the definition of marketing?
In economics, marketing means an activities a company undertakes to promote the buying or selling of a product or service
Here we need to find when Nike attempts to get close to its customers at the local level by sponsoring local school teams and providing shoes, equipment, and clothing to many of them, Nike is using which of the following marketing formats.
While looking into the given situation, we know that Nike will try to get close to its customers at the local level. After building the relationship with the consumer he will start to make the sales.
Based on this one, the correct option is (E).
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If the nominal gross domestic product (GDP) of the nation of Hypothetica increased in 2007 relative to the previous year, it must be true that in Hypothetica in 2007A.both the price level and the real GDP have increasedB.neither the price level nor the real GDP has increasedC.the price level increased by a larger percentage than did the real GDPD.the price level increased by a smaller percentage than did the real GDPE.the price level and/or the real GDP has increased
It must be true that in Hypothetica in 2007 the price level and/or the real GDP have increased if the nation's nominal gross domestic product (GDP) grew in comparison to the year before. Henec, choice C is correct.
Gross domestic product (GDP) that hasn't been adjusted for inflation is referred to as nominal GDP. By reflecting the values of all the goods and services produced during the current reporting period, current price estimates of GDP are created. Simply said, real GDP measures economic production taking into account price changes in the market, while nominal GDP measures economic production at current market prices (deflation or inflation).
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point company paid $4,000 cash to purchase a new machine. the company also paid $500 cash for an initial training cost that was necessary to teach an employee how to operate the machine. which of the following represents the journal entry that would be necessary to record all capitalized costs related to the purchase of the machine? multiple choice account titles debit credit machine 4,500 cash 4,500 account titles debit credit cash 4,500 machine 4,500 account titles debit credit machine 4,000 cash 4,000 account titles debit credit cash 4,000 machine 4,000 prev
Option (a) is correct that is the debit balance(Machine) is Rs.4500 and Credit balance(Cash) is also Rs.4500.
First of all, we will understand meaning of Journal Entry.
Journal entry is the act of keeping or recording any economic or financial transactions. Transactions are listed in an accounting journal that shows the company's debit and credit balances. A journal entry can contain multiple entries, each of which is either a debit or a credit.
Now, moving further, we will record following entries in Journal Account of Point Company:
Point Company paid $4,000 cash to purchase a new machine. The company also paid $500 cash for an initial training cost that was necessary to teach an employee how to operate the machine.The journal entry of transaction point company paid $4,000 cash to purchase a new machine can be given as follows:
Date Particulars L.F. Debit Amount Credit Amount
1. Machine A/c Dr. Rs.4000
To Cash A/c Rs.4000
(Being machinery is purchased for cash)
The journal entry of transaction the company also paid $500 cash for an initial training cost can be given as follows:
Date Particulars L.F. Debit Amount Credit Amount
2. Machine A/c * Dr. Rs.500
To Cash A/c Rs.500
(Being training given to employees)
Total Rs.4500 Rs.4500
*Note- Training cost will be included in Machine Account.
Hence, the debit balance(Machine) is Rs.4500 and Credit balance(Cash) is also Rs.4500.
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financing activities do not include cash outflows to stockholders to repurchase common stock. t/f
This statement is true: financing activities do not include cash outflows to stockholders to repurchase common stock.
A business that frequently relies on additional debt or equity for funding may display a positive cash flow from financing activities. However, it can indicate that the business is not making enough money. In addition, debt servicing expenses increase along with rising interest rates. Investors should look more into the data because a firm with a healthy cash flow may not be a smart idea if it is already heavily indebted.
On the other hand, it could be a red flag if a corporation is repurchasing stock and paying dividends when its earnings are underwhelming. The management of the company might be working to support the price of its shares and appease investors, but their actions might not be best for the business in the long run.
Investors should look into the transactions if there are any major changes in the cash flow from financing activities. It is crucial to take into account all of the many areas of a company's cash flow statement that affect the overall change in its cash position.
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The manager of a grocery store has taken a random sample of 100 customers. The average length of time it took these 100 customers to check out was 3 minutes. It is known that the standard deviation of the population of checkout times is 1 minute. The 95% confidence interval for the true average checkout time (in minutes) is
a. 1.36 to 4.64.
b. 2.5 to 3.5.
c. 2.804 to 3.196.
d. 1 to 5.
Option (c) 2.804 to 3.196 is Correct. The 95% confidence for the true average interval checkout time is 2.804 to 3.196.
In statistics, the probability that a population parameter will fall between a set of values for a predetermined percentage of the time is referred to as a confidence interval. Analysts frequently employ confidence ranges that include 95% or 99% of anticipated observations. You only have a 5% probability of being wrong with a 95 percent confidence interval.
There is a 10% risk that you could be incorrect with a 90% confidence interval. In comparison to a 95% confidence interval, a 99 percent confidence interval would be larger (for example, plus or minus 4.5 percent instead of 3.5 percent).
For confidence interval (at 95%) = X bar +/-ME
= 3+/-0.196
= 3+0.196 = 3.196 and
= 3-0.196 = 2.804
= 2.804 , 3.196
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isabella gathered data on the average percentage of tips received by waitstaff in 31 restaurants in new york city. she works through the testing procedure:
H₀ will not be rejected as the test statistic is not in the rejection region.
A statistic employed in statistical hypothesis testing is known as a test statistic. A test statistic, which can be thought of as a numerical summary of a data set that condenses the data into a single value that can be used to conduct the hypothesis test, is how a hypothesis test is commonly expressed. In order to determine whether to accept or reject your null hypothesis, the test statistic is utilized to calculate the p-value of your findings.
Derived test statistics = 1.489
The crucial factor = \pm1.697
Rejection region = Reject H₀ if t < -1.697 OR t > 1.697
The range of test statistics, which is between -1.697 and 1.697, is considered to be non-rejection.
Error in rejecting H₀
The rejection zone is not where the test statistics reside.
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COMPLETE QUESTION:
Isabella gathered data on the average percentage of tips received by waitstaff in 31 restaurants in New York City. She works through the testing procedure:
H0:μ=14%; Ha:μ≠14%
α=0.1 (significance level)
The test statistic is t0=x¯−μ0sn√=1.489.
The critical values are ±t0.05=±1.697.
Conclude whether to reject or not reject H0. Select two responses below.
Select all that apply:
Reject H0.
Fail to reject H0.
The test statistic falls within the rejection region.
The test statistic is not in the rejection region.
which one of the following is not a factor that might cause the bullwhip effect?group of answer choicesshortage gamingorder batchinglong supply chain lead timeevery day low priceslack of information sharing
Supply chain lead time every day low prices lack of information sharing is not a factor that might cause the bullwhip effect.
According to the bullwhip effect, which is a characteristic of the supply chain, modest changes in demand at the retail level can lead to steadily increasing changes at the wholesale, distributor, manufacturer, and raw material supplier levels. The comparatively tiny movement of the whip's wave patterns increasing in size as a result of the person holding it snapping their wrist.
Customers, suppliers, manufacturers, and salesmen all only have a limited grasp of demand and direct control over a portion of the supply chain in supply chain management, but each has an impact on the entire chain with their inaccurate forecasts (ordering too much or too little). Any change throughout the supply chain might have an impact.
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upscale retailers, such as nordstrom, feature customer service as their significant point of difference and use that difference to compete with less expensive stores. this is known as competition.
upscale retailers, such as nordstrom, feature customer service as their significant point of difference and use that difference to compete with less expensive stores is known as competition.
The term "upscale" is used to describe services or goods that are pricy, increased, and marketed targeting topmost clientele. The main objective of a wholesaler is to sell the products to corporations or merchants who would then resell products. A retailer, but at the other hand, exclusively sells products to an ultimate customer as their target audience. These large commercial linkages serve as key specific marketing intermediaries.
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On February 13, a jewelry store sells an engagement ring with a sales price of $10,000 to a nervous young man, who pays in cash. The sale is subject to a 9.75 percent sales tax. Prepare the revenue portion of the February 13 by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns View transaction list Journal entry worksheet On February 13, a jewelry store sells an engagement ring with a sales price of $10,000 to a nervous young man, who pays in cash. The sale is subject to a 9.75 percent sales tax Note: Enter debits before credits Date General Journal Debit Credit Feb. 13 Clear entry View general journal Record entry
The Cash - 10,975. Credit will be 10,000 and Sales Tax Payable would be 975
In economics, cash is cash in the actual type of money, like banknotes and coins. In accounting and monetary bookkeeping, cash is current resources containing money or cash reciprocals that can be gotten to right away or close right away
Credit is the trust which permits one party to give cash or assets to another party wherein the subsequent party doesn't repay the primary party right away, yet guarantees either to reimburse or return those assets sometime in the not too distant future
Sales taxes payable is a risk account in which is put away the total measure of deals burdens that a business has gathered from clients for the benefit of an overseeing charge authority. The business is the caretaker of these assets, and is obligated for dispatching them to the public authority on an opportune premise
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Nicki. M., an individual, has started up a charter yacht service (called Starships) and a marina in 2022 in Newport Beach, California, in the same city where Nicki resides. Nicki qualifies to use the cash basis for the charter business.Certain expenses and capital expenditures relating to 2019 are listed below. The charter business uses the yachts exclusively at the business establishment, and the yachts are used only in connection with Nicki's charter business, Nicki's principal trade. (thus the yachts are not subject to the listed property limitations, also these yachts are the only depreciable personalty put into service in 2019).
When Nicky writes a check, made out to charter service.
Since Franco, a specialist, involves the cash method of accounting for his business, then Franco ought to perceive pay when he gets installment for the work he has done rather than gathering premise which is the point at which the pay is procured.
Cash premise strategy for acknowledgment would adjust probably going to when Franco accepts his check from Nicky on the grounds that that is while installment being gotten, not when the receipt is sent, which adjusts more to gathering premise of pay acknowledgment.
Under the cash method, you by and large report pay in the fiscal year you get it, and deduct costs in the fiscal year in which you pay the costs. Under the accumulation strategy, you for the most part report pay in the fiscal year you procure it, paying little heed to when installment is gotten
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which of the following is not a stage in the buying process? group of answer choices evaluation making a selection need recognition
Recognition is not a step in the buying process. The consumer buying process includes: problem detection. Information gathering. Evaluate your solution. purchase phase. Post-purchase phase.
What is buying process?The buying process is the series of steps a consumer takes to make a purchasing decision. The buying process has certain stages that customers go through as they evaluate and compare different companies, products, and services. Understanding this will help you understand where you are in the customer journey and how to move from one stage of the process to the next.
What are the types of purchasing behavior?There are 4 types of purchasing behavior: Advanced decision making. Limited decision making. Habitual purchasing behavior. Purchasing behavior that seeks diversity.
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a listing or buyer's broker practices nonexclusive single agency without intermediary. practically speaking, this type of agency policy results in which of the following?
This type of agency policy by the broker represents either the buyer or the seller, but not in the same transaction.
A buyer's broker is the person who is involved in carrying out business by acting as intermediary. He owes huge responsibility to the buyer which can be classified as loyalty, obedience and diligence. Non-exclusive single agency is the firm through which the broker represents either the buyer - tenant or the seller-landlord. However, they cannot be from both sides in a same transaction. The term single agency itself represents the interest of a single seller or the buyer. The idea behind the brokerage deal is the final acclamation of successful contract, while the broker themselves are nowhere involved in dealing risks in the financial markets.
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TRUE/FALSE. one of the six risks that we consider priority for producers to manage is: production and hazards that come with production agriculture. group of answer choices
It is true that one of the six risks that we consider priority for producers to manage is production and hazards that come with production agriculture. (The answer is True).
The six risks of the workplace are safety hazards, biological hazards, physical hazards, ergonomic hazards, chemical hazards, and workload hazards. In the above case the risk comes from production agriculture hazards. These hazards are considered as biological hazards which can be extremely dangerous for the workers. The hazards come from bacteria, viruses, contaminated waste, or animal droppings. It is important to take into account the possibility of bacterial and viral infections infecting the plants and animal that can affect the workers.
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a price taker: (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.) check all that apply has more control over setting prices has less control over setting prices uses more target pricing methods uses more cost-plus pricing methods
A price taker is a person who has less control over setting prices. Th use target pricing methods is used by price takers.
Who is a price taker?An individual or business that accepts market prices because it lacks the market share to set on its own is known as a price-taker. In a market where there is perfect competition, all sellers in the economy are regarded as price takers. This is valid for both sellers and purchasers in the debt and stock markets as well as producers and consumers of commodities and services.
Firms are price takers in the competitive markets. To the extent that these companies all sell the same (substitutable) goods or services, consumers will simply buy from a different lower-cost vendor if they charge higher rates than the going market rate for their items.
Target costing method of pricing must be used by price takers. A corporation is compelled by target costing to consider the profit it wants to make, the price the market will accept, and try to reduce expenses in order to achieve the desired profit.
Therefore, price takers have less control over setting prices and uses more target pricing method.
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this ale-styled beer is usually made from equal portions of unmalted wheat and malted pale barley, spiced with ground coriander seeds, orange peels, and other spices and herbs.
Ale is a beer style with a sweet, robust, and fruity flavour that is produced through heated fermentation. In the past, the phrase referred to a beverage that was made without hops.
Ale is a fermented beverage that has a strong hops flavour and fragrance. It is full-bodied and slightly bitter. Ale was until the late 17th century an unhopped brew of yeast, water, and malt; beer was the same brew with hops added. Ale was popular in England, where the name is now synonymous with beer.
Gruit, a concoction of herbs or spices boiled in the wort prior to fermentation, was how ale was initially bittered. Later, the bittering ingredient was changed from gruit to hops.
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Suppose Yakov runs a small business that manufactures shirts. Assume that Yakov is a price taker, and the market price is $20 per shirt. The following table represents Yakov's cost structure per hour: If Yakov produces and selis three shirts, his total revenue (TR) would be and his profit would be . Yakov's marginal revenue (MR) from third shirt he sells is , and his marginal cost (MC) of producing a third shirt is The following graph shows Yakov's total cost curve (based on the previous table). Use the blue points (circle symbols) to plot total revenue and the green points (triangle symbols) to plot profit for the first seven shirts that Yakov produces, including zero shirts. Hint: You will have to plot eight points for each line. Plot your points in the order in which you would like them connected, Line segments will conne the points automatically. COST, REVENUE, AND PROFIT (Dollars per hour) Calculate Yakov's marginal revenue and marginal cost for the first seven shirts he produces and plot them on (circle symbol) to plot marginal revenue and the orange points (square symbol) to plot marginal cost. shirts per hour. When he does this, the marginal cost of the last shir As the graphs indicate, Yakov's profit is maximized when he produces he produces is additional shirt (that is, one more shich is than would maximize his profit) is , which is than the price Yakov receives each shirt he selis. Therefore, Yakov's profit-maximizing quantity corresponds to the intersection of the curves. Because Yakov is a price taker, this last condition can aiso be written as
Price times quantity equals total revenue. As a result, the total revenue curve is an upward-curving line with a $20 per unit slope.
Briefing:-Total sales less total cost equals profit. The information required to draw the profit and total revenue curves is shown in the following table:
Quantity Total Income Total Price 0020-20 12035-15 240400 3604515 4805525 51007030 61209525 714012515 Profit (Shirts) (Dollars) (Dollars) (Dollars).
The extra money made for each additional shirt sold is known as marginal revenue. Marginal revenue for a firm in a competitive market is always equal to the market price. Beth's marginal revenue from selling any given shirt is $20 because she can sell as many shirts as she can at a price of $20 each.
The cost that changes when Beth raises production by one shirt is known as the marginal cost. The difference between each total cost listed in the following table can be used to determine this. For instance, the marginal cost of the fourth shirt ($10) is determined by subtracting the overall cost of making three shirts ($45) from the total cost of making four shirts ($55):
Quantity Total Income Marginal Sales Total Expense
00 20 20151203520524040205360452010480552015510070202561209520307140125 Marginal Cost (Shirts) (Dollars) (Dollars) (Dollars) (Dollars) (Dollars)
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isaca offers the cgeit certification that is targeted at upper-level executives such as cisos and cios, direcotrs, and consultants with knowledge and experience in it operations.
the correct answer of the given question is Certified in the Governance of IT (CGEIT).
A branch of corporate governance called information technology (IT) governance is devoted to the performance and risk management of IT. The interest in IT governance is a result of the constant requirement for companies to concentrate value creation activities on an organization's strategic objectives and to more effectively control the performance of individuals in charge of creating this value in the best interests of all stakeholders. It emerged from Total Quality Management, the ISO 9001 Quality Management System, and The Principles of Scientific Management.
Board-level executives have traditionally deferred to the company's IT management and business leaders on important IT decisions. If effective monitoring is not established, short-term aims of individuals in charge of managing IT may collide with the interests of other stakeholders.
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Assume General Motors announced a quarterly profit of $119 million for 4th quarter 2019. Below is a portion of its balance sheet. Conduct a horizontal analysis of the following line items. (Negative answers should be indicated by a minus sign. Round the "percent" answers to the nearest hundredth percent.)
The horizontal analysis of General Motors' balance sheet shows that:
2019 2018 Difference %Change
Cash and cash equivalent $16,680 $15,849 $831 5.24%
Marketable securities $9,572 $16,848 $(7,276) -43.19%
Inventories $13,992 $15,024 $(1,032) -6.87%
Goodwill $0 $1,292 $(1,292) -100%
Total liabilities & equities $103,949 $144,953 $(41,004) -28.29%
Horizontal analysis is a financial analysis used to evaluate a company's performance over time by comparing each financial results between the current period and the year before. Horizontal analysis allows company to directly notice any changes happen in each account of its balance sheet and the magnitude of changes that has occured. Horizontal analysis provides a company with historical trends data.
Please refer to the table attached below for more proper data table.
Based on the data we have, we can fill the different coloumn with the gap between the amount of each account in 2019 and the amount of the same account in 2018.
Difference = amount in 2019 - amount in 2018
After finding the differences for each account, we can calculate the percentage of change (%change) by comparing it to the amount of the same account in 2018, using this formula:
%change = difference / amount in 2018
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the macro recorder records all the steps required to complete the actions you want your macro to perform except for navigation on the .
The macro recorder records all the steps required to complete the actions you want your macro to perform except for navigation on the ribbon.
What are the benefits of creating and using macros?The macro recorder records each step of a macro as code written in Visual Basic for Applications (VBA). These actions may involve entering text or numbers, selecting cells or menu items from the ribbon or menus, styling cells, rows, or columns, or even importing information from a different source, such as Microsoft Access.
Click Record Macro under the Code category on the Developer tab. Then click OK to begin recording. Optionally, give the macro a name, provide a shortcut key in the Shortcut key box, and provide a description in the Description box.
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to estimate the growth rate of a particular stock, we can . multiple select question. use the historical dividend growth rate. use the average market dividend yield use the average bank's annual cd rate use security analysts' forecasts
Security analysts' estimates and the past dividend growth rate can both be used to estimate a stock's growth rate.
What exactly are dividends, exactly?A gift—cash or anything else—that a company gives to its stakeholders is known as a dividend. dividends are payments made in a number of different methods, such as stocks, money transfers, and other formats. A corporation's board of trustees must receive authorization before deciding on its dividend.
How are dividend payments made?The majority of employers choose to pay their particular . in addition in cash. These payments are often made using a check or an electronic wire transfer. As a kind of remuneration, some corporations may distribute tangible products, investment instruments, or real estate to its stockholders.
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Arthur crafts miniature chocolate dollhouses which he sells for $24 each. Arthur has calculated the break-even level of sales for his business at $1,370 of revenues. The dollhouses have a variable cost of $9 to produce per unit. What is Arthur's dollar contribution margin per unit?
The correct answer is $12 is Arthur's dollar contribution margin per unit.Arthur crafts miniature chocolate dollhouses which he sells for $24 each.
The contribution margin per unit is calculated as the selling price of a product divided by the variable production costs. The contribution margin per unit is the sum that each sale contributes toward paying fixed costs. Once the fixed expenses have been covered, the profit per unit sold will be shown. The contribution margin is equal to the selling price per unit less the variable cost per unit. The indicator, also known as dollar contribution per unit, illustrates how a certain product impacts the entire revenue of the business. It varies from gross margin in that variable expenses are meant to be differentiated from fixed costs in a contribution computation.
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