In The absence of any form of agreement the outcome that would be here would be Wisconsin not cleaning the lake, Illinois cleaning the lake.
What is game theory?This is the theory that is used in economics to determine the best possible payout for two companies.
It tells us of the strategies that both parties would have to put in place when they are stuck at competitive positions.
Cleaning of polluted lake is going to bring about positive externalities and society will be the one to benefit.
For WisconsinCost of cleaning = 1200 ;
benefit = 1500
But the payout is 1100, hence Wisconsin losses 100
For Illinoiscost of cleaning is 700
social benefit to society is 900
They would receive 600 and also lose 100.
The gain Illinois receives from Wisconsin is 400 while the gain Wisconsin receives from Illinois is 300.
So we to conclude that The best thing would be Wisconsin not cleaning the lake, Illinois cleaning the lake.
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When making sell or process decisions, management should consider: (Check all that apply.)
Multiple select question.
existing sales.
incremental costs of processing further.
revenue from selling as is.
revenue from selling after further processing.
costs already incurred in producing partially completed products.
When making sell or process decisions, management should consider:
Revenue from selling after further processing Revenue from selling as is.What is process decisions?process decisions serves as the decisions that is been made by the management so as to achieve the goal of making more profit.
In this case, When making sell or process decisions, management should consider Revenue from selling after further processing to make decisions.
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Answer:
both revenue options and incremental
Explanation:
You purchase a dishwasher for 1261 .60 plus 7% sales tax. The appliance store offers an loan that allows you to pay for the dishwasher by making 12 equal monthly payments of $123.74 What is the cost of credit, in , for this loan? Round your answer to the nearest cent.
The cost of credit for this loan is $134.97.
What is the cost of credit?The cost of credit represents the difference between the total payments made and the original mortgage value.
It is also called the finance charge.
Data and Calculations:Purchase price = $1,261.60
Sales tax = 7% or $88.31 ($1,261.60)
Monthly instalment = $123.74
Payment period = 12 months
Total payment for 12 months = $1,484.88 ($123.74 x 12)
Cost of credit = $134.97 ($1,484.88 - $1,261.60 - $88.31)
Thus, the cost of credit for this loan is $134.97.
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If a final assembly company wants to expand into the manufacturing industry, it is pursuing a
If a final assembly company wants to expand into the manufacturing industry, it is pursuing a backward vertical integration.
What is backward vertical integration?Backward integration is when a company buys another company that supplies the products or services needed for production.
Vertically incorporated corporations acquires either its customer's business or its supplier's business to have a control of supply chains and distribution channels.
It is involves acquiring a business operating earlier in the supply chain or wholesale.
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Calculate the ending inventory of chemicals in gallons for December of the prior year, and for January and February. What is the beginning inventory of chemicals for January? Round your answers to the nearest whole gallon.
The ending inventories of chemicals for each month are 36,135, 33,825 and 41,456 gallons. Also, the beginning inventory for January is 36,135 gallons.
The table for planned production.In order to calculate the ending inventory of chemicals for the three months, we would create a table for planned production as follows:
January February March___
Units to be produced 43,800 41,000 50,250
Direct materials per unit 5.5 5.5 5.5 ___
Total direct materials 240,900 225,500 276,375
Since the company's policy requires ending inventories of raw materials for each month to be 15% of the next month's production needs, we have:
December = 15/100 × 240,900 = 36,135 gallons.
January = 15/100 × 225,500 = 33,825 gallons.
February = 15/100 × 276,375 = 41,456 gallons.
March = Nil.
Also, the beginning inventory of chemicals for January is given by December's ending inventory of 36,135 gallons.
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Complete Question:
Patrick Inc. makes industrial solvents sold in 5-gallon drum containers. Planned production in units for the first 3 months of the coming year is:
January 43,800
February 41,000
March 50,250
Each drum requires 5.5 gallons of chemicals and one plastic drum container. Company policy requires that ending inventories of raw materials for each month be 15% of the next month's production needs. That policy was met for the ending inventory of December in the prior year. The cost of one gallon of chemicals is $2.00. The cost of one drum is $1.60. Calculate the ending inventory of chemicals in gallons for December of the prior year, and for January and February. What is the beginning inventory of chemicals for January?
Based on the following information: Rate of Return If State Occurs State of Probability of Economy State of Economy Stock A Stock B Recession .20 .05 − .20 Normal .57 .08 .09 Boom .23 .13 .26 Calculate the expected return for the two stocks. (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)) Expected return Stock A % Stock B % Calculate the standard deviation for the two stocks. (Do not round intermediate calculations and round your answers to 2 decimal places. (e.g., 32.16)) Standard deviation Stock A % Stock B %
The expected return for stock A and B is 8.55% and 15.11% respectively.
What is the Expected return?= (Probability of Recession × Return during recession) + (Probability of normal × Return during normal) + (Probability of boom × Return during boom)
Expected return for stock A:
= (0.20 * .05) + (0.57 * 0.08) + (0.23 * 0.13)
= 0.0855
= 8.55%
Expected return for stock B:
= (0.20 * 0.20) + (0.57 * 0.09) + (0.23 * 0.26)
= 0.1511
= 15.11%
Therefore, the expected return for stock A and B is 8.55% and 15.11% respectively.
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Would simple interest or compound interest grow a person investment better? Explain.
Answer:
Compound interest is better.
Explanation:
When it comes to investing, compound interest is better since it allows funds to grow at a faster rate than they would in an account with a simple interest rate. Compound interest comes into play when you're calculating the annual percentage yield. That's the annual rate of return or the annual cost of borrowing money.
What is a Cloud-first strategy?
a wearable technology that provides customers with on-the-spot personalized experiences
a service that enhances and automates a business' customer acquisition strategy
a hybrid Cloud service that allows multiple customers to share control of applications
a multi-service approach that re-platforms global businesses with greater speed and value
I don't know this yet.
Cloud-first strategy: a multi-service approach that re-platforms global businesses with greater speed and value. Option D. This is further explained below.
What is a Cloud-first strategy?Generally, Based on this computing philosophy, businesses should prioritize cloud-based solutions above those not built for use with the cloud when designing new procedures or revising existing ones.
In conclusion, The cloud-first strategy is a multi-service model that enables faster, more valuable re-platforming of global organizations.
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Merits of suppliers pre qualification
Answer:
. Digital prequalification process and forms
. Centralized data for easy accessibility and reporting
. Knowing beforehand which suppliers meet your requirements
. Peace of mind the supplier you hire is qualified and safe to perform the work assigned
. Improved workflow
Using an ICD-10-CM code book, assign code(s) for the following diagnosis: Alcohol induced delirium tremens
The ICD 10-CM code for Alcohol induced delirium tremens is F10. 921.
What is ICD 10-CM?It should be noted that ICD 10-CM simply refers to the international classification of diseases.
In this case, the ICD 10-CM code for Alcohol induced delirium tremens is F10. 921.
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a)A rational firm operating in a perfectly competitive market has its demand and total cost function given below.
TR=20Q-30Q2
TC=50+25Q-40Q2
Required
i) Average fixed cost function
ii) Average variable cost function
iii) Marginal cost function
iv) Profit maximizing level of output
v) Maximum Profit
The average fixed cost function will be 50/Q.
How to calculate the cost?From the information given,
TR = 20Q - 30Q²
TC = 50 + 25Q - 40Q²
The average fixed cost will be:
= Fixed cost/Quantity
= 50/Q
The average variable cost will be:
= VC/Q
= (25Q - 40Q²)/Q
= 25 - 40Q
The marginal cost function will be:
TC = 50 + 25Q - 40Q²
We'll differentiate it. This will be:
MC = 25 - 80Q
The profit maximizing level of output will be:
MR = MC
20 - 60Q = 25 - 80Q
-60Q + 80Q = 25 - 20
20Q = 5
Q = 5/20 = 0.25
The profit will be:
= TR - TC
= 20Q - 30Q² - (50 + 25Q - 40Q²)
= [(20 × 0.25 - (30 × 0.25²)] - [(50 + (25 × 0.25) - (40 × 0.25²)
= [5 - 1.875] - [50 + 6.25 - 2.5]
= 3.125 - 53.75
= -50.625
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Outline one market entry strategy and why it is key for global marketers. Comment on one of your classmate's posts with a thoughtful view.
One market entry strategy that is a key for global marketers is Direct Exporting.
Why is market entry strategy important?Market entry strategies is needed by the global marketers when they are selling a product in an international market, especially when planning and maintenance processes is needed.
One of this strategies is Direct exporting which entails the selling directly of products with chosen market with respect to own resources.
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What is the SCOR model?
Answer:
SCOR stands for "supply chains operations reference".
Explanation:
It is a management tool used to address, improve, and communicate supply chain management decisions that happen within the basis of a company and with suppliers and the customers of that company.
Compute the maturity date and interest for the following notes. (Use 360 days for calculation.)
(a) April 17
(b) August 11
(a)
Dates of Notes Terms
45 days
2 months
(b)
Maturity date
June 1
October 11
$
$
Principal Interest Rate
$53,120
79,200
Interest
5%
8%
The computation of the maturity date and interest for the following notes are:
Notes Maturity Date Interests
a) June 1 $332
b) October 11 $1,056
What is the maturity date of a loan?The maturity date of a loan is the date the loan or note is due for settlement.
On the maturity date, the note is usually paid with the principal and interest. The interest amount depends on the maturity date, the principal, and the interest rate.
Data and Calculations:Dates of Notes Terms Maturity date Principal Interest Rate
a) April 17 45 days June 1 $53,120 5%
b) August 11 2 months October 11 79,200 8%
Notes:
A) Interest = $332 ($53,120 x 5% x 45/360)
B) Interest = $1,056 ($79,200 x 8% x 60/360)
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Scenario: Tara complains that she cannot seem to get ahead financially. She believes that all expenses, such as her cell phone bill, car payment, gym membership, and subscriptions to magazines are absolutely necessary. Task: Write a paragraph below, persuading Tara to change her financial approach and explain how to do this. The paragraph should address the importance of sound financial goals, budget, and fixed as well as variable expenses.
For Tara to make progress financially, she must plan her personal budget, organizing her expenses and identifying her financial goals.
What is the personal budget?It is a simple and easy-to-do financial planning tool, where the individual organizes their expenses in a spreadsheet for better visualization, forecasting and organization of expenses, allowing planning to achieve financial balance.
Therefore, through the knowledge of your fixed and variable expenses, there is a greater possibility of balance between what you earn and what you spend, for the allocation of resources for short and long-term financial objectives and goals.
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I. David Williams (David) is the long-serving Chief Executive Officer (CEO) of Advanced Disposal Services Inc, a US listed company. He had a meeting with the newly-appointed chairman of the company, Peter Thomson (Peter), who happens to be married to David’s sister. A number of different items were on the agenda for discussion. David said that he had recently had a meeting with two institutional shareholders in the company, who together held 7% of the equity share. He had discussed the company’s performance over the past few months and they had been pleased by the profit forecasts that he had given them. The company’s results would be announced to the stock market within the next three weeks. He had also discussed the company’s main business strategies with these shareholders and had informed them that he intended to establish a strategy committee within the company, consisting of the executives. They then went on to discuss the retirement and re-election of board of directors at the Assistant General Manager. David said there was a problem with one of the directors, who would be retiring by rotation this year, who had been an independent non-executive director for almost of the board. He was considered to be too valuable to lose from the board, but there was now a problem with his independent status. David felt that he was still as an independent now as he was when he first joined the board. David also informed Peter that he had arranged for additional training for two board directors: the marketing director and one of the non-executive directors.
(a) Evaluate the apparent weaknesses in the corporate governance practices of Advanced Disposal Services Inc. For each weakness that you suggest what the appropriate practice of governance should be.
(b) Explain the problem facing the Advanced Disposal Services Inc regarding the long-serving non-executive director, and suggest the company should do resolve it.
The apparent weaknesses in the corporate governance practices of Advanced Disposal Services Inc. include lack of training for managers and lack of structure.
What is corporate governance?It should be noted that corporate governance refers to the system of rules and processes through which a company is controlled and directed.
In this case, the weaknesses in the corporate governance practices of Advanced Disposal Services Inc. include lack of training for managers and lack of structure.
This was illustrated as one of the directors, who would be retiring by rotation this year, who had been an independent non-executive director for almost of the board.
The appropriate practice of governance should be timely director training and board evaluation, and good structure.
The problem facing the Advanced Disposal Services Inc regarding the long-serving non-executive director is that there should be a duration for the directors.
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Based on the following data, what is the amount of working capital?
Accounts payable $65280
Accounts receivable 116280
Cash 71400
Intangible assets 102000
Inventory 140760
Long-term investments 163200
Long-term liabilities 204000
Short-term investments 81600
Notes payable (short-term) 57120
Property, plant, and equipment 1366800
Prepaid insurance 2040
$377400
$332520
$289680
$338640
Based on the given figures on the assets and the liabilities of the company, the working capital is $289,680.
What is the working capital?This can be found as:
= Current assets - Current liabilities
= ( Inventory + Cash + Accounts receovebale + Prepaid insurance + Short-term investments) - ( Accounts payable + Notes payable (short-term)
Solving gives:
= (140,760 + 71,400 + 116,280 + 2,040 + 81,600) - (65,280 + 57,120)
= $289,680
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Which of the following is an example of investing activity
An example of investing activity the purchase of machinery.
What is an investing activity?Investing activities is when long term business assets are purchased and sold the within a specific reporting period.
Investing activities include:
1. Purchase or acquisition of assets to be used in the production process.
2. Sale of business assets
3. Acquisition or sale of other business
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Trainees need to receive constant verbal instruction on how to do a task, and if they are performing it
correctly in training, in order to improve. What type of learning principle does this represent?
O Training feedback
O Massed versus distribute training
Goal setting
O Whole versus part training
The type of learning principle that the scenario represents is training feedback.
What is training feedback?Corresponds to instructions provided in the work environment on the correct way to perform the assigned tasks, in order to institute the learning and development of employees, as a trainee, who is in the learning phase of the job.
Therefore, training feedback is an essential tool for improving organizational performance, generating motivation and productivity.
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Banks that offer low interest rates to people with good credit
maximize profits at little risk.
sacrifice profits for less risk.
maximize profits at great risk.
sacrifice profits for more risk.
Banks that offer low interest rates to people with good credit :sacrifice profits for less risk.
What is interest rate?Interest rate can be defined as the rate a bank or a lender add to the money they lend to a borrower.
Banks tend offers low interest rate to customers with good credit tend to sacrifice the profits they are suppose to gain for less risk because they believe the customers will payback.
Therefore the correct option is B.
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Which of the following is NOT a reason why strategy matters to businesses?
Strategy defines a company’s current and future goals and objectives
Tying financial models to strategies of a business helps generate more insightful analyses
Understanding a company’s strategies allows financial analysts to make reasonable assumptions in performing forecasting
Having a strategic plan helps reduce uncertainty about the future and prepare to explore new opportunities
There are other reasons that strategy matters in business, but tying financial models to business strategies does not help to generate more insightful analyses. Option B is correct.
Why the strategies are important for the business?Strategy assistance us in shaping our business by furnishing it with a set of values and a sense of purpose. It enables us to comprehend what success entails.
A company's strategy defines its underway and upcoming ends. It is used in to enables financial analysts to make common, sensible forecasting assumptions.
Therefore, option B is correct.
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How do I calculate inflation?
We can calculate the total inflation rate in an easily understandable manner. The total inflation rate is the total rate of change of the consumer price index (CPI) over a certain given period of time.
What is inflation?A general increase in the prices of goods and services in an economy can be called Inflation. Whenever the general price level rises, each unit of currency purchases fewer goods and services; simultaneously, inflation accords to a reduction in the purchasing power of money.
The total inflation is calculated using this given formula:
((Target Year – Base Year) ÷ Base Year) x 100
Thus, the Total inflation rate refers to the total rate of change of the consumer price index (CPI) over a certain given period of time.
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What would happen if manufacturing were to stop everywhere? no one would import the products we use. no one would import the products we use. no one would transport the items we use. no one would transport the items we use. no one would produce the items we use every day. no one would produce the items we use every day.
Answer:
There would be economic breakdown.
Explanation:
Because all the factors listed are factors that boosts the economy of a country.If they're not there,there might be a breakdown
Mr. Fitzgerald is selling his home to permanently move into a retirement facility near his daughter in a neighboring state before the Annual Election Period. He has a stand-alone prescription drug plan and has learned it is not available where he is moving. He doesn’t know what he should do. What can you tell him?
"Mr. Fitzgerald is selling his home to permanently move into a retirement" He must be automatically dropped from the plan because he is relocating outside of the service region. He will be able to choose a new plan during a special election term. This is further explained below.
What is prescription drug plan?Generally, Prescription drug plans (PDPs) are another name for Medicare Part D. These policies are available on their own from private insurance providers.
In conclusion, He must be automatically dropped from the plan because he is relocating outside of the service region. He will be able to choose a new plan during a special election term.
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Answer:
Explanation:
Because he is moving outside of the service area, the plan must automatically disenroll him. He will have a special election period to select a new plan.
What is the function of the organelles that are labeled f? to temporarily store water, waste products, food, and other cellular material to produce proteins for the cell to move proteins and other substances through the cell to contain digestive enzymes that break down waste material and debris in the cell
The function of the organelles that are labeled F is to move proteins and other substances through the cell. Thus the correct answer is C.
What is Organelles?Organelles are tiny structures in the cytoplasm that perform tasks crucial for a cell to stay in balance. In the diagram, the organelle designated "F" is the endoplasmic reticulum.
They carry out a variety of tasks inside cells, including the creation of energy and the synthesis of proteins and secretions.
Therefore, option C to move proteins and other substances through the cell is the appropriate answer.
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If the government increases the excise tax on a gallon of gasoline we can expect the supply curve to shift rightward, quantity demanded to fall, and price to rise.
If the government raises the excise tax of the product then supply curve tends to shift leftwards. Therefore, The above statement is false.
What is Supply Curve?The supply curve refers to the graphical representation of the supply and the prices of the commodity. It tells how the supply of the commodity affects the prices of the product.
The complete question is attached below.
According to the above situation, when government increases the taxes of the gallon of gasoline then the supply curve will shift leftwards as the supply decreases.
It will lead to the increment in the level of the prices as the demand of the product will fall. Therefore, the above statement is false.
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You tell Julia you already know a bit about leadership styles, and you think you have traits that will make you a good leader.
More than a particular leadership style, you'd like to consistently demonstrate responsible leadership.
Authentic leader
Servant leader
Ethical leader
Option B. The type of leadership that you would have to demonstrate would be the servant leadership if you want to show you are a responsible leader.
Who is a servant leader?This is the type of leader that is very interested in the growth and in the well being of their disciples and that of the community that they find themselves.
This would be the type of leadership that this individual would love to demonstrate.
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Brian Burkhardt is planning to purchase a home and expects to borrow $291,400 as a mortgage. He can get a 30-year mortgage at a rate of 4.10%, and his monthly payments will be:
Brian Burkhardt's monthly payments for this mortgage would be equal to $1,423.92.
How to calculate monthly payment?Mathematically, the monthly payment for a mortgage can be calculated by using this formula:
[tex]M=P(\frac{r}{1-(1+r)^{-nt}} )[/tex]
Where:
P is the principal.r is the interest rate.M is the monthly payment.t is the time in years.n is the number of times it's compounded.Note: r = 4.10 = 0.041/12 = 0.0034
Substituting the given parameters into the formula, we have;
[tex]M=291400(\frac{0.0034}{1-(1+0.0034)^{-12\times 30}} )\\\\M=291400(\frac{0.0034}{1-0.3402} )\\\\M=291400(\frac{0.0034}{0.6598} )\\\\M=291400 \times 0.004887[/tex]
M = $1,423.92.
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Required information Skip to question [The following information applies to the questions displayed below.] On November 1, 2019, Gordon Co. collected $31,800 in cash from its tenant as an advance rent payment on its store location. The six-month lease period ends on April 30, 2020, at which time the contract may be renewed. b. Calculate the amount of unearned rent that should be shown on the December 31, 2019, balance sheet with respect to this lease.
The journal entry to show the effect of the six months of rent collected in advance on November 1, 2019 for Gordon Co is: Debit Cash $31,800; Credit Unearned Rent Revenue $31,800, Unearned rent is $21,200.
Unearned renta. Entry
Debit Cash $31,800
Credit Unearned Rent Revenue $31,800
b. Unearned rent:
Unearned Rent = 4/6 months
Two months have been paid up to December which means that 4 months are left for pay out of 6 months.
Hence:
Unearned Rent = 4/6 x $31,800
Unearned Rent = $21,200
c. Journal entry
Debit Unearned Rent Revenue $5200
Credit Rent Revenue $5300
(2/12×$31,800)
Therefore the journal entry to show the effect of the six months of rent collected in advance on November 1, 2019 for Gordon Co is: Debit Cash $31,800; Credit Unearned Rent Revenue $31,800, Unearned rent is $21,200.
The complete question is:
On November 1, 2019, Gordon Co. collected $31,800 in cash from its tenant as an advance rent payment on its store location. The six-month lease period ends on April 30, 2020, at which time the contract may be renewed.
a. Record the journal entry to show the effect of the six months of rent collected in advance on November 1, 2019 for Gordon Co.
b. Calculate the amount of unearned rent that should be shown on the December 31, 2019, balance sheet with respect to this lease.
c. Record the journal entry to show the effect of the adjustment that will be made at the end of each month to show the amount of rent "earned" during the month for Gordon Co.
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Swifty Corporation’s unit manufacturing cost is:
Variable Costs
$50
Fixed Costs
25
A special order for 2000 units has been received from a foreign company. The unit price requested is $53. The normal unit price is $79. If the order is accepted, unit variable costs will increase by $2 for additional freight costs. If the order is accepted, incremental profit (loss) will be
a.$8000.
b.$(44000).
c.$(46000).
d.$2000.
The incremental profit for Swifty Corporation upon the acceptance of the order will amount to around $2000.
What is incremental profit?According to the information provided, the actual variable cost upon acceptance of the order will be $52. Now, the margin for Swifty Corporation will be 53 – 52 = $1.
As the order is received for a production of 2000 units, the net incremental profit for acceptance of such order will be 2000 x $1 = $2,000.
Hence, option D holds true regarding the incremental profit of Swifty Corporation.
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If a bond is trading at a premium, what is the relationship between the bond's coupon rate, current yield and yield to maturity?
When a bond is trading at a premium, then the coupon rate is higher than the current yield and the yield to maturity.
How does a bond trade at premium?For a bond to trade at premium, the coupon rate would have to be higher than the yield to maturity and the current yield.
Such a bond would trade at premium because the present value of the bond would be more than the par value thanks to the coupon being larger than the discount rate which is the yield to maturity.
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