Based on the expenses and gross profit of Bazman, the operating income during 2020 is $46.
How much is Bazman's operating income?This can be found as:
= Gross income - Operating expenses - accrued expenses + prepaid expenses - depreciation and amortization
Solving gives:
= 140 - 78 - 19 + 15 - 12
= $46
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Together, focusing on individual employee productivity and managing the overall firm comprise the ________ viewpoint.
Together, focusing on individual employee productivity and managing the overall firm comprise the classical viewpoint.
What is the classical view point?
This is the view pont that has it that organizational communications are close to machines.
It talks about the fact that if a person has a well managed machine then they would be able to have a great organization.
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On July 1, Atlantic Cruise Lines issues a $100,000, eight-month, 7% note. Interest is payable at maturity. What is the amount of interest expense that the company would record in a year-end adjusting entry on December 31
The answer is $3,500.
Given,
On July 1, Atlantic Cruise Lines issues a $100,000, eight-month, 7% note.
Interest is payable at maturity.
Maturity date = July 1 + 8 months = March 1
Total interest incurred on maturity = Value of the note × Interest rate × time period
= [tex]100,000 * (0.07) (\frac{8}{12})[/tex]
= $4,666.67
Number of months as on December 31 = 6 months
Therefore, the amount of interest expense that the company would record in a year-end adjustment on December 31 is given by:
Interest expense = Total interest incurred on maturity × no. of months as on December 31
= $4,666.67 × [tex]\frac{6}{8}[/tex]
= $3,500
Hence, the amount of interest expense that the company would record in a year-end adjusting entry on December 31 is $3,500
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It is more useful to compare a company's inventory turnover with its own results from prior periods than with other companies' ratios ______.
The comparison is inadvisable because companies may use different accounting methods which may cause the turnovers to vary significantly.
What is the use of inventory turnover?The financial ratio is a tool that is used to know many times that a company has sold and replaced inventory during a given period.
However, because different companies use different accounting methods which may cause the turnovers to vary significantly, the decision is not advisable.
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It is more useful to compare a company's inventory turnover with its own results from prior periods than with other companies' ratios because companies may use different accounting methods which may cause the turnovers to vary significantly.
What are inventory and Inventory turnover?
Inventory is a raw material used in the production of finished goods or inventory is a finished goods ready for sale. To a manufacturer of chocolate, cocoa is an inventory; To the owner of a supermarket that sells chocolate, chocolate is an inventory. Inventory is a current asset.
Inventory turnover is the number of times a company sells its products. Inventory turnover in for an owner of supermarket will be higher than a manufacturer of automobiles.
To calculate inventory turnover: Cost of goods sold/average average
Why it is not good to compare inventory turnover with another comp[any?
We have 3 main types of computing inventory -
FIFO (First In, First Out)LIFO (Last In, First Out)WAC (Weighted Average Cost)And different companies can use any of the above to compute its closing inventory
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Top-down security analysis a. starts with the analysis of a firm. b. includes economic, industry, and company analysis. c. concentrates on the competency of the senior management of a firm. d. centers on the past performance of a firm.
Top-down security analysis includes economic, industry, and company analysis.
What is Top-down security analysis?Viewing the big picture in relation to the sectors or industries where investors wish to make investments is the goal of the top-down analysis. For the purpose of making the ultimate investing decision, detailed information and financial statements are examined after the selection of stocks and sectors.Top-down investing is a method of investment analysis that prioritizes evaluating macroeconomic issues like GDP, employment, taxation, and interest rates before focusing on microeconomic aspects like particular industries or businesses.The top-down strategy is simpler for novice investors and for those who lack the time to review a company's financials. Even in bear markets, bottom-up investing can assist investors in selecting high-performing stocks.To learn more about Security Analysis refer to:
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What is the term for the point where your business earns more money than it spends, and begins to become profitable?.
Bottom line is the point where your business earns more money than it spends, and begins to become profitable.
What is bottom line?This refers to the total amount of money that a company has made in an accounting period.
It is to be noted that bottom line statement shows the reasons that influence company's growth or net income.
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Why should project managers always make a plan (phase two) before executing and completing tasks (phase three)
Project managers always make a plan before executing and completing tasks because the creation of budget and setting a schedule is important for the project.
What is a project?It should be noted that a project is an activity that's engaged in to achieve a particular goal.
In this case, project managers always make a plan before executing and completing tasks because the creation of budget and setting a schedule is important for the project.
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Angela puts $5,000 in a savings account that pays 4 percent interest per year. What is the future value of her money two years from now
Using formula, F = P*(1+i)^t
Future value of money = 5000*(1+0.05)^1 = 5000*1.05 = 5250
As the interest rate increases/rises, the future value of Angela's 5000 savings will increase.
For example, if you have a savings of $ 5,000 and the national average is 0.10% APY, you will only get $ 5 back in a year. Instead, if you deposit the same $ 5,000 into a 2% revenue account, it will be $ 100.
A simple interest formula is an Interest = Px Rx N. P = principal (balance at the beginning of the period). R = Interest rate (usually expressed as a decimal per year). N = number of periods (usually one year).
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Monopolistically competitive firms are productively inefficient because long-run equilibrium occurs at an output rate where Group of answer choices None of the Answers are Correct ATC is greater than minimum ATC. MC is greater than MR. Diseconomies of scale exist. Price is greater than MC.
Because long-run equilibrium takes place at an output rate where ATC is higher than the minimal ATC, monopolistically competitive firms are inefficient in terms of productivity.
An industry with a lot of companies offering similar (but not identical) replacement goods or services is known as one with monopolistic competition. In a monopolistic competitive industry, there are few barriers to entry and exit, and no firm's decisions directly affect those of its rivals.
What exactly is a monopolistic firm?A totally competitive market, where there are an infinite number of enterprises operating, is the antithesis of a monopolistic market. In a truly monopolistic model, the monopoly firm can limit output, raise prices, and make long-term profits that are above average.
What define monopolistically competitive company characteristics?A monopolistically competitive industry has the following four traits:
numerous sellers This industry has many vendors, and entry is simple.Small businesses compete in monopolistic markets with differentiated goods.Businesses in this sector offer distinctive productsLocal Advertising.learn more about monopolistically competitive firms here
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In a natural-language processing (nlp) system, the _____ activity involves accepting human language as input, carrying out the corresponding command, and generating the necessary output
In a natural-language processing (nlp) system, the interfacing activity involves accepting human language as input, carrying out the corresponding command, and generating the necessary output.
What is natural-language processing (nlp) system?Natural language processing refers to automated machine which process and interpret human languages.
It is to be noted that a natural language processing system provides a question and answer set that is particularly useful with databases.
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Javier works as an assistant manager at a home improvement center. He wants to be promoted to the position of manager but feels that it is unlikely to happen. As a result, Javier is not motivated to achieve this goal. Which theory best explains Javier's situation
The that theory best explains Javier's situation is: expectancy theory
What is expectancy theory?Expectancy theory is a theory that stated that a person can tend to act in a particular ways by choosing a behavior based on what they want or expect the outcome of the behavior they choose to be.
Hence, Based on the scenario Javier situation explain expectancy theory because he wants to be promoted but on the other hand feels that the promotion is unlikely to happen.
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Suppose the Irish economy is at full employment. Suppose in a few months, the exchange rate of the Irish national currency, the punt, will decline, giving the Irish relatively less purchasing power in foreign markets. What will happen to the price level and real GDP in Ireland
What is going to happen to the price level and the real GDP of Ireland is that The price level will not change, and the real GDP will fall.
Why would the real GDP fall?Because the value of the currency is on a decline, the exchange rate of this nation is also on a decline.
The effect is that the purchasing power of the people is going to fall. People would begin to demand less for goods and services in the nation.
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Sykora Corp. sells $540,000 of bonds to private investors. The bonds are due in 5 years, have a 6% coupon rate and interest is paid semiannually. Sykora received $490,222 for the bonds at issuance. The effective rate on these bonds is:
The effective rate on these bonds is 7.17%
What is the effective rate?The effective interest rate of a bond is the rate that equates the present value of the bond's future interest payments and the bond's maturity value to the bond's current market value.
The effective interest rate can be determined using a financial calculator:
Cash flow in year 0 = -490,222Cash flow from period 1 - 12 = 6% x 540,000 = 32,400Cash flow in year 6 or period 12 = $540,000effective interest rate = 7.17%
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During the deep recessions of the early 1980s and of 2007-2009, unemployment reached roughly __________.
when the nation went through a deep recession in the early 1980s and 2007-2009, the unemployment rate reached A. 10%.
what was the unemployment rate in 2007-2009?after the disastrous Great Recession started in late 2007, companies were forced to terminate people's contracts to stay afloat.
this led to unemployment reaching levels of around 10% of the labor force. This had not been seen in the U.S. since the early 1980s.
options for this question include:
A. 10%. B. 20%. C. 30%. D. 40%.
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The predetermined manufacturing overhead rate for 2020 was $3.00 per direct labor hour; employees were paid $5.00 per hour. If the estimated direct labor cost was $81,000, what was the estimated manufacturing overhead
The answer is $48,600.
Given,
The predetermined manufacturing overhead rate for 2020 = $3.00 per direct labor hour
employees paid = $5.00 per hour
the estimated direct labor cost = $81,000
the total direct labor hours = estimated direct labour cost / employees paid
Now, sustituting the given values in the above formula we get,
total direct labor hours = 81,000 /5
= 16,200 hours.
the estimated manufacturing overhead = predetermined manufacturing overhead rate × total direct labor hours
Now, substituting the values of given values and calculated values in the formula, we get,
estimated manufacturing overhead = 3 x 16.200
= $ 48,600.
Hence, for the given case, the estimated manufacturing overhead is $48,600.
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To allow lower-level employees access to the corporate network while preventing them from accessing private human resources documents, you would use:
In order to give lower-level staff members access to the corporate network but bar them from seeing confidential human resources records, you would employ:a system of authorization management.
What is an authorization management system?One of the crucial elements of Management Information Systems (MIS) for the security consideration is authorization management. The Role-Based Access Control (RBAC) solution increases the security and efficiency of Authorization Management.
What is the authorization procedure?A server assesses if a client has permission to use a resource or access a file through the authorization procedure. Authentication and authorization are frequently combined so that the server can identify the client making the access request.
What is an example of authorization?Good instances of authorization include allowing specific users to have administrative access to an application or granting someone permission to download a specific file from a server.
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Honda recently hired twenty employees to work in various departments of the company. On the first day, all twenty had the same orientation and attended the same training and development sessions. They were most likely engaged in what form of training
They were most likely engaged in "classroom training and lectures."
what is classroom training?In the classroom training approach, a facilitator simultaneously imparts knowledge or information to a group of employees. The fact that numerous employees can study simultaneously is this training method's key benefit.
It is extremely likely that the employees underwent "classroom training" on their first day of work because Ford employed them to work in different divisions with various job roles.
The claim that all twenty of the employees attended the same training and development courses on the same day and at the same time and received the same orientation serves as additional support for this.
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If a corporation has S corporation status, it must pay income taxes at the corporate level. Group of answer choices True False
It is False that if a corporation has S corporation status, it must pay income taxes at the corporate level.
What is an S corporation?An S corporation is a corporation whose profits or losses are not assessed for corporate taxes.
Instead, the profits and losses of an S corporation are passed through to the business and reported on the owners' personal tax returns.
Thus, it is False that if a corporation has S corporation status, it must pay income taxes at the corporate level.
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Which pricing tactic calls for offering three similar products, one that is lower priced and less attractive and two that are comparable but more expensive
Decoy pricing tactic calls for offering three similar products, one that is lower priced and less attractive and two that are comparable but more expensive.
What is decoy pricing?A price strategy called decoy pricing aims to "push" customers to make a decision. Customers sometimes have to choose between products with varying costs and features while making purchases. And when a business seeks to increase sales of a certain product, it frequently chooses what is known as a decoy pricing structure to sway the consumer's choice. In this instance, the "decoy" is either a product with a slightly cheaper price but much worse quality, or a product with a significantly higher price but slightly greater quality.
The attraction effect and the compromise effect are the two distinct effects on which the decoy pricing strategy is predicated.
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Which Internet service allows users to send and receive short text messages in real time?
Answer:
Yes, the answer is SMS ( short message service)
Hope this helps you.
The Internet service that allows users to send and receive short text messages in real-time is called "Instant Messaging" (IM).
Instant Messaging (IM) is an Internet service that enables users to send and receive short text messages in real-time. It allows for instant communication between individuals or groups over the Internet, making it a convenient and efficient means of staying in touch.
With popular platforms like What/sApp, Face/book Messenger, iMessage, Telegram, and Go/ogle Hangouts, users can engage in seamless conversations, share multimedia content, and even participate in group chats, fostering quick and direct interactions from anywhere in the world. IM has become an integral part of modern communication, facilitating rapid exchange of information and fostering social connections online.
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Alex's company has found through recent quality control analysis that it needs to improve its picking and packing processes. The executive team has decided to invest in some kind of technology that will improve operator efficiency and ensure that shipping orders are packaged more quickly and accurately. What kind of IoT technology would be best suited to this particular use case
As given in the case, Alex's company of IoT technology would be best suited to this particular use case (MDM) Mobile device management.
What is (MDM) Mobile device management?
Mobile device management (MDM) is the administration of mobile devices, such as smartphones, tablet computers, and laptops. MDM is usually implemented with the use of a third-party product that has management features for particular vendors of mobile devices.
Though closely related to Enterprise Mobility Management and Unified Endpoint Management, MDM differs slightly from both: unlike MDM, EMM includes mobile information management, BYOD, mobile application management and mobile content management, whereas UEM provides device management for endpoints like desktops, printers, IoT devices, and wearables as well.
Therefore, The correct option is B . Alex's company of IoT technology would be best suited to this particular use case (MDM) Mobile device management.
I understand that the question you are looking for is:
What kind of IoT technology would be best suited to this particular use case:
a. IoV
b. MDM
c. IoT
d. IOM
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Emily is buying furniture for her apartment for the first time. She is spending considerable time and effort comparing the products that different stores offer. Which type of decision-making process is she using
In the given scenario where Emily is buying furniture for her apartment for the first time. She is spending considerable time and effort comparing the products that different stores offer. She is using extended decision-making.
Extended decision-making occurs when a customer takes an excessive amount of time before making a purchase, weighs several options, researches those products to determine their quality, invests a significant amount of time, and then makes the purchase.
There are undoubtedly many elements that influence consumers to purchase particular products.
Depending on how products and services are manufactured and marketed, consumers are motivated to buy them.
However, a marketing expert must consider exactly what is going through the buyer's head as they are making a purchase.
Extended decision-making happens when a customer wants to acquire very expensive goods or goods that demand a lot of consumer input.
In such circumstances, a customer wants to receive extraordinary benefits from the vendor and ensure that the purchase is advantageous.
Hence, if Emily is buying furniture for her apartment for the first time. She is spending considerable time and effort comparing the products that different stores offer. Extended decision-making is the process she is using.
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A lessee with a finance lease containing a bargain purchase option should depreciate the leased asset over the.
Option D. asset's remaining economic life.
A lessee with a finance lease containing a bargain purchase option should depreciate the leased asset over the asset's remaining economic life.
The IRS rule is that you claim depreciation on leased equipment if your contract is a lease-to-own arrangement. If it's a not-to-own lease, you deduct the payments as a regular business expense, even if the lease meets GAAP's five-fold test for a finance lease.
A bargain purchase option and a guaranteed residual value of identical amounts are in the computation of the annual depreciation. In the case of a guaranteed residual value, the lessee depreciates the asset over the lease life.
Your question is incomplete. please read below to find the full content.
A lessee with a finance lease containing a bargain purchase option should depreciate the leased asset over the.
a."life of the asset or the term of the lease, whichever is longer."
b. term of the lease.
c. period ending with the bargain purchase option date.
d. asset's remaining economic life.
Your question is incomplete. please read below to find the full content.
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Carlyle plans to invest $12,000 per year for the next 5 years at 10% interest. How much will he have at the end of Year 1 for an ordinary annuity
Answer:
$12,000
Explanation:
Since she plans to invest by the end of the period, the investment hasn't earned any interest. So it stays the same.
Business ethics are not divorced from personal ethics, which are generally accepted principles of right and wrong governing the conduct of individuals. Our personal ethical code exerts a profound influence on the way we behave as businesspeople. Why do managers behave in an unethical manner? there is no simple answer to this question, for the causes are complex, but some generalizations can be made. Many managers have made poor ethical decisions while engaged in international business. Many of these ethical issues are rooted in the variations among nations in their political systems, law, economic development, and culture. What is considered normal practice in one nation may be considered unethical in another.
Entirely separating your personal ethics from business ethics is virtually impossible.
There are three important factors that can influence ethical decision making, which are individual, organizational, and opportunity factors. All three of these factors can weigh heavily on a person during the decision making process, especially in the work place.
He stressed that people follow ethical principles and listed following seven Social Sins: (i) Politics without Principles (ii) Wealth without Work (iii) Commerce without Morality (iv) Knowledge without Character (v) Pleasure without Conscience (vi) Science without Humanity (vii) Worship without Sacrifice.
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The _____ describes how changes to the project's scope will be submitted, logged, and reviewed. Group of answer choices Quality Management Plan Communications Plan Human Resources Plan Change Management Plan Scope Management Plan
Answer:
Communication Plan Communication plan is made to communicate the important information to stakeholders throughout the project.
If a sales associate is working with a buyer in a residential transaction as a customer, not a client, what type of brokerage relationship must be disclosed
The type of brokerage relationship that must be disclosed between the parties is known as Nonrepresentation.
What is a Non-representation?This refers to the promise that a wrong statement will not be disclosed to one party to mislead them.
Hence, this is what have to be disclosed in type of brokerage relationship between the parties.
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Shortcutz hair salon offers inexpensive haircuts for $10. They create a marketing campaign extolling the cheap price while showing customers how expensive other salons are in comparison. The campaign encourages consumers shop around and compare prices. Shortcutz focuses solely on price and mentions little about the quality of its haircuts. Which type of psychological pricing communication does shortcutz use?
A company copies the competitor's pricing strategy by setting prices almost completely according to its competitor's prices or by using price as one of the features that differentiate the product.
1. Competition-Based Pricing Strategy. Competition-based pricing is also known as competitive pricing or competitor-based pricing. This pricing strategy focuses on the existing market rate (or going rate) for a company's product or service; it doesn't take into account the cost of its product or consumer demand.
If a buyer has a critical or more important use of the product then the inelasticity of the demand increases.
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_______ refers to determining what information is needed and how that information can be obtained efficiently and effectively. a. Secondary data b. The marketing research objective c. The management decision problem d. The marketing research problem
The Marketing Research Problem refers to determining what information is needed and how that information can be obtained efficiently and effectively.
The Marketing Research Problem
The procedure of market research is being carried out in order to solve the problem of market research. It outlines the study's goals, outcomes, issues, methodology, and anticipated findings. It also specifies the market research study's objectives.No matter how effectively a research plan is created and the following steps are carried out in a proper way, if the issue is not accurately diagnosed, study findings may be false or even harmful.These research issues aid in determining the effect that various modifications will have on the norms and procedures in place. They can thus recognize patterns in the interactions between various elements.Hence, The term "marketing research problem" refers to the process of identifying what data is required and how it can be properly and effectively collected.
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After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of Schenkel Enterprises. Unfortunately, you will be the only person voting for you. If the company has 650,000 shares outstanding, and the stock currently sells for $43, how much will it cost you to buy a seat if the company uses straight voting
It will cost $6,987,00 if the company uses cumulative voting.
Number of shares: 6,50,000
Share price: $43
IF THE COMPANY USES STRAIGHT VOTING:
STEP 1: If the company uses straight voting, then the number of shares it should own would be half of the shares plus one share, in order to guarantee that the enough votes are received to win the election.
Number of shares needed= (Number of shares available for voting ÷ 2) +1
Number of shares needed= (6,50,000 ÷ 2) + 1
Number of shares needed= 3,25,001
STEP 2: Total cost will be the product of share price and number of shares needed.
Total Cost = Share Price × Number of shares needed
Total Cost = $ 43 × 3,05,001
Total Cost = $ 13,115,043
It will cost $13,115,043 if the company uses straight voting.
IF THE COMPANY USES CUMULATIVE VOTING :
STEP 1: If the company uses cumulative voting, you need 1/(N+1) percent of stock plus one share to get maximum number of votes to win the election.
Percent of stock needed = [1 ÷ (N + 1)] * 100
Percent of stock needed = [1 ÷ (3 + 1)]* 100
Percent of stock needed = (1 ÷ 4) * 100
Percent of stock needed = 25%
So the number of shares purchased = (6,50,000 × 25%)
Number of shares purchased = 1,62,500
Total Cost = Number of shares purchased × Share Price
Total Cost = 1,62,500 × $43
Total Cost = $6,987,00
Therefore, we conclude that It will cost $6,987,00 if the company uses cumulative voting.
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A company has sales of $125,000, variable costs of $45,000 and fixed costs of $30,000. The contribution margin ratio is
Answer:64%
Explanation: (125,000-45,000) /125,000= 64%
The contribution margin ratio with the following data is 0.64.
What is the contribution margin ratio?The contribution margin ratio tells the ratio that can be reached after a particular point. This suggests that the revenue will be found out if the fixed cost will be revealed as the constant factor that is not going to change. the total revenue generated following absorption costing to pay for fixed costs and make a profit for the business,
The given information is:
Sales = $125,000
Variable cost = $45,000
Fixed cost = $30,000
The contribution margin of the company will be:
= Sales (S) - Variable cost (VC)
= $125000 - $45000
= $80000
The contribution margin rate for the company should be:
= Contribution margin / Sales
= 80000/125000
= 0.64
So, the ratio for the contribution margin will be 0.64.
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