Corporate managers' goal should be to maximize the intrinsic value of the company's stock, not necessarily the current stock price.
This is due to the fact that there is a distinction between the two, and a company's long-term financial health is critical to its success.A company's stock price reflects investors' perceptions of the company's potential future performance, whereas the intrinsic value of a company's stock reflects its true value based on its assets, liabilities, and future growth potential. As a result, a company's intrinsic value may be greater than its current stock price.
Corporate managers should aim to maximize the intrinsic value of their company's stock by creating long-term value for shareholders through investment in the company's future growth and profitability, rather than focusing solely on short-term stock price increases that may not reflect the true value of the company.
To know more about company's stock visit:-
https://brainly.com/question/29757308
#SPJ11
Given the coalition structure (with only one coalition) of three players as well as
payoffs () for each player perform the following:
1.Find at least one myopic stable coalition; what is the definition of myopic
coalition?
2. Find at least one farsighted stable coalition; what is the definition of far-
sighted stable coalition?
3. Exists the free-riding for coalition structure {[1, 2, 31}; what is the definition
of free-riding?
4.By using Optimal Transfer Scheme find out if the coalition [1, 2.3 is Potential
Internally Stable?
For coalition structure {[1, 2, 31} the payoffs for each member are (5,5,8);
For coalition structure {[1, 21, [3]} the payoffs for each member are (3,3,5);
For coalition structure {[1, 31, [21} the payoffs for each member are (3,6,3);
For coalition structure {[2, 3], [1]} the payoffs for each member are (6,3,3);
For coalition structure {[1], (2], (3]} the payoffs for each member are (2,2,2);
To analyze the given coalition structures and payoffs, let's address each question:
1. Myopic Stable Coalition:
A myopic stable coalition is a coalition in which no player has an incentive to leave and join another coalition if they only consider the immediate payoff consequences. In other words, no player can improve their current payoff by unilaterally switching coalitions.From the given coalition structures and payoffs, we can observe that the coalition {[1, 2, 3]} has payoffs (5, 5, 8). In this coalition, no player has a higher payoff alternative outside the coalition, considering only the immediate payoffs. Therefore, the coalition {[1, 2, 3]} is a myopic stable coalition.
2. Farsighted Stable Coalition:
A farsighted stable coalition is a coalition in which no player has an incentive to leave and join another coalition, considering all possible future outcomes and payoffs. It takes into account the potential long-term benefits or losses from switching coalitions.To determine a farsighted stable coalition, we need to evaluate the potential future payoffs for each coalition. Without additional information about the potential future outcomes or strategies, it is not possible to identify a specific farsighted stable coalition from the given data.
3. Free-Riding:
Free-riding refers to a situation where a player benefits from the efforts or contributions of other players in a coalition without making any significant contribution themselves. It occurs when a player enjoys the collective benefits without bearing the costs or making proportional contributions.To determine if there is free-riding in a given coalition structure, we need to examine whether any player receives higher payoffs without making a fair or proportional contribution compared to others. From the given coalition structures and payoffs, we don't have sufficient information to assess the presence of free-riding.
4. Optimal Transfer Scheme and Potential Internally Stable Coalition:
To determine if the coalition {[1, 2, 3]} is potentially internally stable, we need to apply an optimal transfer scheme. However, without additional information about the specific transfer scheme or the players' preferences, we cannot determine if the coalition {[1, 2, 3]} is potentially internally stable.In summary, based on the given data, we can identify a myopic stable coalition ([1, 2, 3]), but we cannot determine a farsighted stable coalition or the presence of free-riding. Additionally, we cannot determine if the coalition {[1, 2, 3]} is potentially internally stable without further information.About PaymentPayment is the voluntary surrender of money or an equivalent or something of value by one party to another in exchange for goods or services provided by them or to fulfill a legal obligation.
Learn More About Payment at https://brainly.com/question/29475683
#SPJ11
Vera has an adjustable-rate mortgage, and her monthly payments are reset annually based on the prevailing market rate. She is wondering about the effect of an increase of 0.5 percent in the interest rate on her mortgage payment. Vera is O displaying traits of an agonizer. O conducting a sensitivity analysis. O estimating her opportunity cost. O conducting incremental analysis.
Conducting sensitivity analysis would be the best answer that describes Vera's actions. The correct answer is option B.
This is because sensitivity analysis is a type of scenario analysis in which we determine the effects of changes in the variables of an economic or financial model.The most commonly used tool in sensitivity analysis is scenario analysis, which seeks to determine how changes in one or more input variables affect the output variable or the response variable.
Sensitivity analysis is also used to understand how changes in variables that are not in our control might affect our decisions.To make a decision, the analyst needs to evaluate the consequences of potential variations in the environment, which includes interest rates, inflation rates, exchange rates, and many other variables.
Therefore, by considering the effect of an increase of 0.5 percent in the interest rate on her mortgage payment, Vera is conducting a sensitivity analysis.
Hence, option B is the appropriate answer.
To know more about sensitivity analysis, visit https://brainly.com/question/31192718
#SPJ11
I Buy A Piece Of Equipment, Walk Me Through The Impact On The 3 Financial Statements.
When you buy a piece of equipment, it affects all three financial statements - the balance sheet, income statement, and cash flow statement.
Let's see how it impacts these statements:
Balance Sheet: The balance sheet is divided into two categories, assets and liabilities. The piece of equipment that you bought is an asset, so it will be recorded as a long-term asset on the balance sheet. However, the equipment will also reduce your cash balance, so cash is reduced and assets are increased at the same time.
Income Statement: The income statement is designed to track the revenue, expenses, and net income over a specific period. Since the piece of equipment is an asset and not an expense, it won't impact the income statement immediately. Instead, the cost of the equipment will be gradually expensed over its useful life as depreciation.
Cash Flow Statement: The cash flow statement keeps track of cash inflows and outflows during a specific period. The purchase of equipment will reduce the cash balance, so it will show up as a cash outflow from investing activities. However, the depreciation expense, which represents the gradual loss of value of the equipment over time, will be added back to the net income in the operating activities section of the cash flow statement. This is because depreciation is a non-cash expense and doesn't impact the actual cash balance of the company.
In conclusion, when you buy a piece of equipment, it will impact all three financial statements - the balance sheet, income statement, and cash flow statement.
know more about balance sheet here,
https://brainly.com/question/31040443
#SPJ11
electronic brainstorming is a more convenient process, but it generates fewer ideas than the traditional brainstorming process. true or false
The given statement "electronic brainstorming is a more convenient process, but it generates fewer ideas than the traditional brainstorming process" is a false statement. Electronic brainstorming generates more ideas than traditional brainstorming.
Brainstorming is the process of generating a large number of ideas to find a solution to a problem. It is a technique used by groups to generate as many ideas as possible, usually for a particular task or project. There are two types of brainstorming: traditional brainstorming and electronic brainstorming.
Traditional brainstorming is a technique that involves a group of people meeting in a room to share ideas and opinions on a particular topic. During this process, participants can suggest as many ideas as possible without any evaluation or criticism. Each idea is written down on a piece of paper for later analysis.
Electronic brainstorming, also known as e-brainstorming, is a process where a group of individuals come together virtually to brainstorm ideas through the use of computers and the internet.
This method is more convenient than traditional brainstorming because it allows participants from different locations to participate in the process without having to be in the same room.Electronic brainstorming, facilitated by technology tools and platforms, can actually enhance the idea generation process by allowing for simultaneous contributions from multiple participants, regardless of their physical location. This can result in a higher quantity of ideas compared to traditional brainstorming methods, where only one person speaks at a time. Additionally, electronic brainstorming can provide anonymity, which can encourage more diverse and creative contributions from participants who may feel hesitant to speak up in a face-to-face setting. Therefore, electronic brainstorming has the potential to generate a larger number of ideas compared to traditional brainstorming.Learn more about brainstorming here:-
https://brainly.com/question/1606124
#SPJ11
compare and contrast the click-only and the bricks-and clicks approaches to conducting business online.
Click-only and bricks-and-clicks are two e-commerce approaches that online retailers employ to conduct their business. The click-only approach deals with online businesses that operate exclusively on the web while bricks-and-clicks have both online and physical stores.
Let's explore both approaches: Click-only approach: In this approach, an online retailer only has a digital presence, and their clients interact with the company only through its website. Click-only business structure does not have a physical store or establishment. Hence, clients place their orders online, and the firm delivers the product to their doorstep.
The click-only approach offers customers a more convenient, faster and less complicated way of purchasing products. As the company operates entirely online, they have reduced overhead costs, resulting in lower prices for the clients.
However, there are some limitations to this approach as customers may not be able to inspect the product before making a purchase. It can lead to skepticism about product quality and even the company itself.Bricks-and-clicks approach:In this approach, online retailers have both online and physical stores. Bricks-and-clicks retailers also offer the click-and-collect service, where a customer can purchase a product online and collect it in-store.
This approach gives customers the option to inspect the product before purchasing it and returning it physically if they are not satisfied. Bricks-and-clicks retailing comes with the added benefit of customer support, and customers can visit a physical store to speak to the staff and ask any questions regarding the product. It offers customers a choice of how they prefer to shop for their products.
However, this approach has higher overhead costs and may result in higher prices for customers. In conclusion, Click-only and bricks-and-clicks approaches both have their advantages and disadvantages. However, bricks-and-clicks seems to be a better approach as it provides customers with a choice of how they want to interact with the company.
To know more about e-commerce visit:
https://brainly.com/question/31073911
#SPJ11
a. What is Stagflation?
b. Suppose inflation is currently very high. What type of fiscal policy can the government use to reduce inflation? Support your answer to include using appropriate diagrams as discussed in the class.
c. Suppose the country is currently experiencing recession. What type of fiscal policy can the government use to fight off recession? Support your answer to include using appropriate diagrams as discussed in the class.
d. List 4 functions of Saudi Arabian Monetary Agency (SAMA).
a. Stagflation is a condition where there is a simultaneous rise in inflation and a decline in economic growth, resulting in a situation of stagnation. This situation is caused by the supply-side shocks in the economy that increase the costs of production, reduce the supply of goods and services, and thus, increase their prices.
b. When inflation is very high, the government can use contractionary fiscal policy to reduce it. This policy involves reducing government spending and increasing taxes, which will reduce aggregate demand, and consequently, prices. The contractionary fiscal policy can be explained using the AD-AS model, where the aggregate demand curve shifts leftward, resulting in a lower equilibrium price level and output.
c. When the country is experiencing a recession, the government can use expansionary fiscal policy to fight it off. This policy involves increasing government spending and reducing taxes, which will increase aggregate demand, and consequently, output. The expansionary fiscal policy can be explained using the AD-AS model, where the aggregate demand curve shifts rightward, resulting in a higher equilibrium price level and output.
d. The four functions of the Saudi Arabian Monetary Agency (SAMA) are:
1. Formulating and implementing monetary policy: SAMA is responsible for regulating the money supply and interest rates in the economy, which helps stabilize inflation and promote economic growth.
2. Supervising the banking sector: SAMA regulates and supervises the banking sector to ensure its stability and safety, and to promote its development.
3. Managing the foreign exchange reserves: SAMA manages the country's foreign exchange reserves, which helps maintain the stability of the national currency and facilitates international trade.
4. Promoting financial stability: SAMA monitors and assesses the risks to the financial system and takes appropriate measures to ensure its stability.
To know more about equilibrium visit :
brainly.com/question/30694482
#SPJ11
what are some cons of a dupont performance coatings carve out
A DuPont Performance Coatings carve-out is the procedure of spinning off DuPont's Performance Coatings unit, which produces and sells automotive paints and coatings, into a separate independent company.
However, there are some drawbacks to a DuPont Performance Coatings carve-out. Here are some of them:
Expenses: One of the main drawbacks of the DuPont Performance Coatings carve-out is that it may be quite expensive. A carve-out necessitates a considerable amount of money, as the entity must construct its administration and operations infrastructure. As a result, it might be prohibitively expensive for smaller companies, which may limit the number of interested parties.
Legal Complications: Another downside of a DuPont Performance Coatings carve-out is that it may involve legal issues. Carve-outs may take a lot of time to resolve and may encounter numerous challenges during the transition process. It may also have negative legal implications if there are any existing legal conflicts related to the spin-off.
Integration: In some situations, DuPont Performance Coatings carve-outs may struggle with integration and collaboration. When a spin-off entity is created, it may not always have the necessary resources or experience to manage operations. As a result, it may be challenging for the carve-out to function effectively and efficiently. Also, employees may have difficulty adapting to new structures and processes.
Conflict of Interest: Finally, there is the possibility of a conflict of interest arising from a DuPont Performance Coatings carve-out. The parent firm may have competing interests in the newly created business, such as utilizing their technological advancements to benefit the core business. As a result, the company's performance may be impacted, which may lead to a decrease in the organization's value.
To know more about DuPont visit :
brainly.com/question/30403150
#SPJ11
Please read the Following short Scenario and answer the two questions given at the end J
uniper is among the world's largest manufacturer and supplier of networking equipment. The company supplies to many firms in the IT se The main users of the equipment are the engineers who set up and maintain the systems in the client companies. These engineers wil occasionally, unforeseen circumstances will cause new problems or new challenges on a regular basis.
What Juniper can do to provide solutions about the problems to the buying organizations?
How does the concept of the buying center apply to the clients of Juniper?
Solutions for the problems faced by buying organizations, Juniper can take the following steps: Develop a comprehensive support system, Offer training and resources, Regular communication and updates, Continuous improvement.
1. Develop a comprehensive support system: Juniper can establish a dedicated support team or helpdesk to address and troubleshoot any issues or challenges faced by the buying organizations. This support system can provide technical assistance, guidance, and solutions to the engineers and other users of Juniper's networking equipment.
2. Offer training and resources: Juniper can conduct training programs and workshops to educate the engineers and users of their equipment about troubleshooting techniques, best practices, and new updates or features of their products. They can also provide online resources, documentation, and knowledge bases to assist users in finding solutions independently.
3. Regular communication and updates: Juniper can maintain regular communication channels with the buying organizations, keeping them informed about any potential problems, updates, or enhancements related to their equipment. This can include email newsletters, webinars, or direct interactions to ensure that the clients are aware of the solutions available.
4. Continuous improvement: Juniper should focus on continuously improving their products and services based on feedback from the buying organizations. By actively listening to customer concerns and incorporating their suggestions, Juniper can provide better solutions and enhance customer satisfaction.
The concept of the buying center applies to the clients of Juniper in the following way:
The buying center refers to the group of individuals within a buying organization who participate in the decision-making process for purchasing a product or service. In the case of Juniper's clients, the buying center would typically include various stakeholders, such as IT managers, network administrators, engineers, and possibly executives or procurement personnel.
These stakeholders collaborate and contribute to the decision-making process when considering the purchase of networking equipment from Juniper. They assess the technical requirements, evaluate different options, negotiate terms and pricing, and ultimately make the decision to buy.
Understanding the buying center is crucial for Juniper as it helps them identify and engage with the key decision-makers and influencers within the client organizations. By understanding their specific needs, preferences, and decision-making dynamics, Juniper can tailor their solutions, communication, and marketing strategies to effectively address the concerns of the buying center and ultimately secure business from the clients.
To learn more about Offer training refer here:
https://brainly.com/question/32092748#
#SPJ11
What are the strengths and weaknesses of Nozick's theory in relation to business ethics? How would Friedman respond? How would Freeman? How would Nozick analyze the case study (One Nation Under Walmart)?
Nozick’s theory has both strengths and weaknesses in relation to business ethics. One of the strengths of Nozick’s theory is that it emphasizes the rights of individuals and the importance of individual freedom. It recognizes that businesses have a right to make a profit and that individuals have a right to engage in voluntary transactions with businesses.
However, one weakness of Nozick’s theory is that it does not adequately address issues of distributive justice. It fails to account for the fact that some individuals and groups may be systematically disadvantaged by the market and that this may require corrective action.
Friedman would likely respond by arguing that businesses have a responsibility to maximize profits and that concerns about distributive justice are best addressed through voluntary philanthropy rather than through government intervention.
Freeman, on the other hand, would likely argue that businesses have a responsibility to consider the interests of all stakeholders, including employees, customers, and the wider community, in addition to shareholders.
Nozick would likely analyze the case study (One Nation Under Walmart) by emphasizing the voluntary nature of the transactions between Walmart and its employees and customers. He would argue that as long as these transactions are voluntary and do not violate anyone’s rights, they are morally acceptable. However, he may acknowledge that the power dynamics between Walmart and its employees may be uneven and that this could lead to exploitation in some cases.
know more about Nozick’s theory.
https://brainly.com/question/14468748
#SPJ11
hello can you guys help me and pelase post the whole process and be
as detail as possible thank you in advance
Note: You MUST completely exp Write both your calculations and reasoning clearly. (Round partial units upward. Round percentages to one decimal point. Round currency to dollars and cents.) Virtual Con
Virtual conferences are digital events that offer a way for people from all around the world to connect. It enables people to gather and connect over a shared interest or cause in real-time, exchanging ideas and insights.
Planning a virtual conference requires careful planning and management. Here's a step-by-step process that can help you plan a successful virtual conference:
1. Establish your goals: Your conference goals should be established early on. Define what you hope to accomplish with the virtual conference. Are you trying to generate revenue, boost brand awareness, or offer educational content?2. Determine your budget: Set a realistic budget and allocate funds to your virtual conference expenses.
3. Choose the right platform: Select a platform that suits your virtual conference requirements. Ensure that the platform you select can accommodate your conference needs.
4. Choose your speakers and sponsors: Select speakers who are experts in their field and can deliver informative, engaging sessions. Seek sponsorship from companies that align with your conference goals.
5. Market your conference: Develop a marketing plan to promote your conference to potential attendees.
6. Set up registration and payment processes: Establish registration and payment processes for your virtual conference.
7. Plan your content: Plan engaging content for your conference, such as keynote speeches, workshops, and interactive sessions.
8. Conduct rehearsals and testing: Rehearse the conference sessions and conduct technical testing to ensure that the platform and equipment are working correctly.
9. Host your conference: Host your virtual conference and make sure that you are prepared for any technical difficulties that may arise.
10. Gather feedback: Collect feedback from attendees to improve future virtual conferences. The above steps will help you plan a successful virtual conference. Remember to stay focused on your goals and keep your attendees engaged.
For more such questions on Virtual conferences
https://brainly.com/question/31472574
#SPJ11
historically, demand has averaged 408 units per week with a standard deviation of 160. the company currently has 48 units in stock. what is the probability of a stockout?
a.225.0% b. 48.778% c.1.222% d..98.778% e.50.000%
The probability of being in stock is about 1.222%.
Option c is correct .
To calculate the probability of inventory, we need to use the Z-score formula and the standard normal distribution.
Given:
Average requirement (µ) = 408 units per week
Standard deviation (σ) = 160 units/week
Current stock = 48 pieces
First, we need to calculate the Z-score, which measures the number of standard deviations from the mean of the current inventory.
Z = (current inventory - average demand) / standard deviation
Z = (48 - 408) / 160
Z = -360/160
Z ≈ -2.25
Next, we need to find the probability of inventory. This is the area under the normal distribution curve to the left of the Z-score.
A standard normal distribution table or calculator can be used to find the corresponding probabilities.
Hence, Option c is correct .
To know more about standard deviation visit :
https://brainly.com/question/29115611
#SPJ4
State Strength only from SWOT based on POLC of Air asia company.
1) Strength of EVALUATION OF PLANNING
2) Strength of EVALUATION OF ORGANIZING
3) Strength of EVALUATION OF LEADING
4) Strength of EVALUATION OF CONTROLLING
SWOT analysis stands for Strengths, Weaknesses, Opportunities, and Threats. It is a strategic planning tool used to assess an organization's current state and its environment.
On the other hand, POLC stands for Planning, Organizing, Leading, and Controlling. It is a framework used to manage organizational activities effectively. Based on POLC and SWOT analysis, the main and sporting answers for the strength of Air Asia are as follows: Strength of Evaluation of Planning Planning is a crucial aspect of an organization's success. It involves defining organizational goals and determining the necessary steps to achieve them. Air Asia has developed a robust planning process to achieve its goals.
Their strategies and plans are aligned with their mission, vision, and objectives. The strength of the evaluation of planning is that Air Asia is continually improving its plans based on internal and external factors. The airline industry is dynamic, and Air Asia is quick to respond to any changes. They are continuously monitoring the environment to identify any new opportunities or threats and adjust their plans accordingly.
Well-defined goals and objectives Air Asia has well-defined goals and objectives that are aligned with its mission and vision. The airline's primary goal is to provide low-cost flights to its customers. Their objectives are to provide affordable, reliable, and convenient travel options to their customers. Air Asia has a unique business model that allows them to provide low-cost flights while maintaining high-quality service.
Their business model is based on point-to-point flights, eliminating the need for costly connections. Strength of Evaluation of Organizing Organizing involves structuring organizational resources to achieve its goals. Air Asia has developed an effective organizing structure that is based on cost efficiency. The airline has a lean organizational structure, which reduces its overhead costs. Their operations are also highly automated, reducing the need for manual labor.
Learn more about SWOT analysis here.
https://brainly.com/question/31088966
#SPJ11
If 0.71 U.S. dollars can be exchanged for one Canadian dollar, we say that the Canadian-U.S. exchange rate is ACCOM OA. 0.71. OB. 71.0. O C. 1.41. D. 1.0. E. 1.33. 4
The Canadian-U.S. exchange rate is expressed as the number of U.S. dollars, then the value of one Canadian dollar is 0.71 U.S. dollars. Thus, option A is correct.
The exchange rate designates the value of one currency in another currency. Different nations have different currencies. In order to compare the value of one currency to another nation's currency value, we need to use the exchange rate methods.
In the given scenario, the Canadian-U.S. exchange rate is discussed. The value of one Canadian dollar is exchanged into the U.S. dollar rate to get the same amount by exchanging money using exchange rates.
To learn more about Exchange rates
https://brainly.com/question/32200858
#SPJ4
A property was purchased for $3894.00 down and payments of$1280.00 at the end of every year for 7 years. Interest is 10% per annum compounded monthly. What was the purchase price of theproperty? How much is the cost of financing?
A property was purchased for $3894.00 down and payments of$1280.00 at the end of every year for 7 years. Interest is 10% per annum compounded monthly. The purchase price of the property is $17,258.45 and the cost of financing is $8,393.45.
Here's how to solve the problem:
To find the purchase price of the property, we need to use the present value formula, which is: PV = [tex]FV / (1 + r/n)^{n*t} where PV is the present value, FV is the future value, r is the interest rate, n is the number of times compounded per year, and t is the number of years.
For this problem, the future value is the sum of the down payment and the payments made over 7 years, which is:$3894 + $1280*7 = $11,314The interest rate is 10% per annum compounded monthly, which means it is divided by 12 to get the monthly interest rate.
So r = 0.10/12 = 0.00833.The number of times compounded per year is monthly, which means n = 12. And the number of years is 7.
Plugging these values into the formula, we get:PV = $11,314 / (1 + 0.00833/12)^(12*7) = $17,258.45Therefore, the purchase price of the property was $17,258.45.
To find the cost of financing, we need to subtract the purchase price from the total amount paid, which is:$1280*7 = $8,960$17,258.45 - $8,960 = $8,393.45
Therefore, the cost of financing was $8,393.45.
For more such questions on purchase price, click on:
https://brainly.com/question/30096961
#SPJ11
Aman Private School is a new Integrated School just operating at Puncak Alam. Since the school is still new, the policy of the fee collection is only by cash payment. The process of fee payment for these 2 months is as follows: Miss Huda is an account clerk who will receive the cash fee payment made by the parents every day. She will issue the original receipt of payment to respective parents and cash collected is kept in the locked drawer near her place. The copy of the receipts then will be stored in the collection file. At the end of the school hours, she will count the cash and prepare the daily report that shows the fee details to ensure it is tally with the daily receipts issued. Normally, the total cash received every day is around RM 1,000 and above, and it can be 5 times higher at the beginning of the new month. Encik Zaki, the account assistant will make a cash deposit to the bank in the next following days. The bank in slips will be attached to the daily report after the deposits were made. The daily report will be used by Puan Aina to record in the MYOB Accounting System every week. She also prepares bank reconciliation every two months and authorized by Encik Mohd as Head of Account Department.
Required:
Assess any four (4) weaknesses in the internal control system in Aman Private School
Based on the information provided, here are four weaknesses in the internal control system of Aman Private School:
1. Lack of Segregation of Duties:
One weakness is the lack of segregation of duties. Miss Huda, the account clerk, is responsible for receiving cash payments, issuing receipts, and keeping the collected cash in the locked drawer. This means that she has control over all aspects of the cash collection process, which increases the risk of errors or potential fraud. Ideally, there should be a separation of duties, with different individuals responsible for receiving cash, issuing receipts, and handling cash deposits.
2. Lack of Physical Safeguards:
Another weakness is the lack of physical safeguards over the collected cash. While the cash is kept in a locked drawer, there may still be risks associated with storing large amounts of cash on-site. Without additional security measures, such as a safe or regular cash deposits, the school is exposed to potential theft or loss of funds. Implementing stronger physical safeguards would help mitigate these risks.
3. Inadequate Cash Handling Procedures:
The cash handling procedures seem to be insufficient. Miss Huda counts the cash and prepares the daily report, but there is no mention of any reconciliation process or independent verification of the cash counts. This creates a risk of errors or misappropriation going undetected. Implementing regular cash reconciliations and independent verification processes would strengthen the internal controls over cash handling.
4. Lack of Supervisory Review:
There is no mention of regular supervisory review over the cash handling process. The daily reports prepared by Miss Huda and the bank reconciliation prepared by Puan Aina should be reviewed and approved by a supervisor or manager. Without proper oversight, there is a higher risk of errors or irregularities going unnoticed. Implementing a review process by an authorized individual, such as Encik Mohd, would provide an additional layer of control and help ensure the accuracy and integrity of the financial records.
By addressing these weaknesses in the internal control system, Aman Private School can enhance the security of cash handling, reduce the risk of errors or fraud, and improve the overall effectiveness and reliability of its financial processes.
To know more about Individual visit-
brainly.com/question/30089829
#SPJ11
Which of the following is not an example of a capital investment? ...
Which of the following is not an example of a capital investment? A.)The implementation of a new manufacturing technique.
B.)The purchase of raw materials for inventory.
C.) The installation of a computer based record keeping system. D.)The expansion of a business into new territories. E.)The purchase of new manufacturing equipment.
Among the given options, the purchase of raw materials for inventory is not an example of a capital investment. The correct option is b.
Capital investments typically refer to expenditures made to acquire long-term assets or resources that will be used in the production or operation of a business for an extended period. These investments are aimed at enhancing the capacity, efficiency, or capabilities of the business.
A) The implementation of a new manufacturing technique is a capital investment as it involves the adoption of a new method or process that can improve production efficiency and output.
C) The installation of a computer-based record-keeping system is a capital investment as it involves the acquisition and implementation of a long-term asset (computer system) that enables efficient and accurate record-keeping.
D) The expansion of a business into new territories is a capital investment as it typically involves significant expenditures on acquiring or setting up infrastructure, facilities, or resources in new locations.
E) The purchase of new manufacturing equipment is a capital investment as it involves the acquisition of long-term assets (machinery or equipment) that enhance the manufacturing capabilities and productivity of the business.
However, B) The purchase of raw materials for inventory is not considered a capital investment. Raw materials are typically considered as part of the operational expenses or inventory management rather than long-term assets that contribute to the capacity or capabilities of the business. While the purchase of raw materials is necessary for production, it is not typically categorized as a capital investment.
Therefore , B) The purchase of raw materials for inventory is not an example of a capital investment.
To learn more about capital investment refer here:
https://brainly.com/question/17192371
#SPJ11
Veronica Mars, a recent graduate of Bell’s accounting program, evaluated the operating performance of Dunn Company’s six divisions. Veronica made the following presentation to Dunn’s board of directors and suggested the Percy Division be eliminated. "If the Percy Division is eliminated," she said, "our total profits would increase by $26,600."
The Other
Five Divisions Percy
Division Total
Sales $1,664,000 $100,500 $1,764,500
Cost of goods sold 978,500 76,700 1,055,200
Gross profit 685,500 23,800 709,300
Operating expenses 527,500 50,400 577,900
Net income $158,000 $ (26,600 ) $131,400
In the Percy Division, cost of goods sold is $59,400 variable and $17,300 fixed, and operating expenses are $30,100 variable and $20,300 fixed. None of the Percy Division’s fixed costs will be eliminated if the division is discontinued.
Is Veronica right about eliminating the Percy Division? Prepare a schedule to support your answer. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
Based on the presented data and analysis, Veronica is correct about eliminating the Percy Division as it would lead to an increase in total profits for Dunn Company.
Percy Division Before Discontinuation:
Sales: $100,500
Cost of goods sold: $59,400 (variable) + $17,300 (fixed) = $76,700
Operating expenses: $30,100 (variable) + $20,300 (fixed) = $50,400
Net income: $100,500 - $76,700 - $50,400 = $(26,600) (negative net income)
Total Net Income Before Discontinuation:
Total Net Income = Net Income of the Other Five Divisions + Net Income of the Percy Division
Total Net Income = $158,000 + $(26,600) = $131,400
Percy Division After Discontinuation:
Sales: $0 (as the division is eliminated)
Cost of goods sold: $0 (as the division is eliminated)
Operating expenses: $0 (as the division is eliminated)
Net income: $0 (as the division is eliminated)
Total Net Income After Discontinuation:
Total Net Income = Net Income of the Other Five Divisions + Net Income After Discontinuation of Percy Division
Total Net Income = $158,000 + $0 = $158,000
By comparing the total net income before and after discontinuing the Percy Division, we find:
Increase in Total Profits = Total Net Income After Discontinuation - Total Net Income Before Discontinuation
Increase in Total Profits = $158,000 - $131,400 = $26,600
As Veronica suggested, the elimination of the Percy Division would indeed result in an increase of $26,600 in total profits.
Therefore, based on the presented data and analysis, Veronica is correct about eliminating the Percy Division as it would lead to an increase in total profits for Dunn Company.
know more about net income here,
https://brainly.com/question/31813641
#SPJ11
Q. 1 a) In each case below, indicate which good you think has a relatively more price elasticity of demand and identify the most likely reason (in terms of determinants of the elasticity of demand) i)
Goods that are considered nonessential, have more substitutes, and have a higher proportion of the consumer's income, are more likely to have a relatively more price elasticity of demand.
Price elasticity of demand (PED) is the responsiveness of the quantity demanded of a good to a change in its price. The following are the determinants of PED:Existence of close substitutes: If close substitutes are available for a good, the PED is higher as people can easily switch to alternatives. For example, coffee and tea are close substitutes, and if the price of coffee rises, consumers can switch to tea. Hence, coffee has a relatively more price elasticity of demand as compared to tea. Luxury versus necessity: Goods that are considered nonessential and are luxury goods, have a higher price elasticity of demand.
This is because the consumers can do without the good if the price increases. For example, cars are a luxury good and have more substitutes like bikes, public transport, and walking. Hence, cars have a relatively more price elasticity of demand than basic food items, which are necessities. Proportion of income spent on the good: If the consumer spends a higher proportion of their income on the good, the PED is higher.
To know more about demand visit:
https://brainly.com/question/30402955
#SPJ11
in situations in which there are substantial economies of scale, the ___________ of adding an additional customer is very _________ once the fixed costs of the overall system are in place.
a. average variable cost, high b. marginal cost, low c. marginal revenue: low d. marginal cost; high
In situations with substantial economies of scale, the marginal cost of adding an additional customer is very low once the fixed costs of the overall system are in place.
Economies of scale refer to the cost advantages that a company can achieve as its scale of production increases. In such situations, the per-unit cost of production decreases as output increases. When substantial economies of scale are present, the marginal cost of adding an additional customer becomes very low once the fixed costs of the overall system are already incurred.
Marginal cost represents the additional cost incurred by producing one more unit or serving one more customer. In the context of economies of scale, the fixed costs are spread over a larger production or customer base, resulting in a relatively low additional cost for each new customer added to the system. Therefore, the correct answer is option b: marginal cost, low.
To learn more about production click here:
brainly.com/question/31859289
#SPJ11
On August 31, 2018, Betsy Totten borrowed $1,000 from Iowa State Bank. Totten signed a note payable, promising to pay the bank principal plus interest on August 31, 2019. The interest rate on the note is 6%. The accounting year of Iowa State Bank ends on June 30, 2019. Journalize Iowa State Bank’s (a) lending money on the note receivable at August 31, 2018, (b) accrual of interest at June 30, 2019, and (c) collection of principal and interest at August 31, 2019, the maturity date of the note.
(a) On August 31, 2018, Iowa State Bank would debit Notes Receivable for $1,000 and credit Cash for $1,000 to record the lending of money on the note.
(b) On June 30, 2019, Iowa State Bank would debit Interest Receivable for $30 ($1,000 * 6% * 10/12) and credit Interest Revenue for $30 to accrue the interest on the note.
(c) On August 31, 2019, Iowa State Bank would debit Cash for $1,060 ($1,000 principal + $60 interest) and credit Notes Receivable for $1,000 and Interest Receivable for $60 to record the collection of principal and interest on the note.
(a) When Iowa State Bank lends the money on the note, they record the transaction by debiting Notes Receivable (an asset account) to reflect the amount owed to them and crediting Cash to indicate the cash received from the borrower.
(b) As the accounting year of the bank ends on June 30, 2019, they need to recognize the interest accrued on the note until that date. They debit Interest Receivable (an asset account) to show the interest owed to them and credit Interest Revenue (an income account) to recognize the earnings.
(c) On the maturity date of the note, August 31, 2019, when the borrower pays back the principal and interest, Iowa State Bank records the transaction. They debit Cash to reflect the cash received, and credit Notes Receivable and Interest Receivable to remove the corresponding receivable balances from their books.
Learn more about accounting here:
https://brainly.com/question/5640110
#SPJ11
A corrective tax is a tax that is designed to induce private decision-makers to take account of the social costs that arise from a negative externality. Think of a company near your location; what corrective taxes were imposed on their industry? What was the social effect of that tax?
To address this negative externality, the government might impose a corrective tax on the industry. For instance, they could implement a pollution tax that charges the company a fee for each unit of pollution emitted.
This tax aims to internalize the external costs associated with pollution by making the company bear the social costs of their actions. The social effect of such a tax would likely be a reduction in the level of pollution emitted by the company. By imposing a financial burden on pollution, the tax incentivizes the company to adopt cleaner technologies, improve production processes, or reduce emissions to avoid the tax liability.
This, in turn, leads to a decrease in environmental harm, improved air quality, and potential health benefits for the local community. It's important to note that the actual social effects of a corrective tax can vary depending on the specific circumstances, the industry involved, and the effectiveness of the tax implementation and enforcement.
To know more about corrective tax click here
brainly.com/question/30724843
#SPJ11
Winn sells 8000 units resulting in $100,000 of sales revenue, $35,000 of variable costs, and $45,000 of fixed costs. To achieve $150,000 in operating income, sales must total
Save Answer
© $272,727
O $300.000
O $135,000
© $230,000
Total sales in this case where Winn sells 8000 units resulting in $100,000 of sales revenue, $35,000 of variable costs, and $45,000 of fixed costs. would be $230,000. option (D) is the correct answer.
To achieve $150,000 in operating income, sales must total $300,000. to solve the given problem Given :Total selling price = 8000 units Sales revenue = $100,000 Variable cost = $35,000 Fixed cost = $45,000 Targeted operating income = $150,000
Let the sales revenue be x.In general, we can say that contribution margin = sales - variable cost.Fixed cost + operating income = contribution margin Here, contribution margin = x - $35,000x - $35,000 = $45,000 + $150,000x = $230,000
Therefore, to achieve $150,000 in operating income, sales must total $300,000 (8000 units) i.e. $230,000. Thus, option (D) is the correct answer.
Know more about fixed costs here:
https://brainly.com/question/30195552
#SPJ11
: 1. For a Bamboo Chop board (H.S 4419.11.00.00) Made in USA but no Certificate of Origin provided Value for Currency Conversion VFCC -> US$ 500 Exchange Rate. Exchange Rate 1.2635 Find duty rate under Customs Tariff. Customs Tariff 2022 (cbsa-asfc.gc.ca) attached a. Calculate VFD b. Calculate VFT Calculate Total amount of duty and Taxes to be paid to CBSA.
Therefore, the total amount of duty and taxes to be paid to CBSA is $1459.72.
The given data is as follows:
For a Bamboo Chop board (H.S 4419.11.00.00) made in the USA but no Certificate of Origin provided, the Value for Currency Conversion VFCC -> US$ 500.Exchange Rate: 1.2635.
Customs Tariff 2022 (cbsa-asfc.gc.ca) is attached. We need to find the duty rate under Customs Tariff and calculate VFD and VFT. Then, we need to calculate the total amount of duty and taxes to be paid to CBSA.
So, let's calculate these one by one.
a. Calculate VFD
The value for duty is the actual price paid or payable for the goods when sold for export to Canada. To calculate the VFD, we multiply the value for currency conversion by the exchange rate.
Hence,VFD = VFCC x Exchange Rate= 500 x 1.2635= $631.75
Therefore, the VFD is $631.75.
b. Calculate VFTVFT (Value for Tax) is calculated as follows: VFT = VFD + duty rate x VFD
We need to find the duty rate under Customs Tariff. As per the given data, the product H.S 4419.11.00.00 belongs to the "Tableware and kitchenware" category.
The duty rate for this category is 3.5%.
Hence,Duty Rate = 3.5% = 0.035VFT = VFD + Duty Rate x VFD= 631.75 + 0.035 x 631.75= $653.56
Therefore, VFT is $653.56.Now, let's calculate the total amount of duty and taxes to be paid to CBSA.
Total amount of duty and taxes = VFD + VFT + GST + QST= 631.75 + 653.56 + (VFD + VFT) x 0.05 + (VFD + VFT) x 0.09975= 631.75 + 653.56 + (631.75 + 653.56) x 0.05 + (631.75 + 653.56) x 0.09975= $1459.72
Therefore, the total amount of duty and taxes to be paid to CBSA is $1459.72.
To know more about Tariff visit:
https://brainly.com/question/31366854
#SPJ11
Constant Delayed Corporation is expected to pay a dividend of $3, 4 years from now and the same dividend into the infinite Euture. No dividends will be paid until year 4. If the expected rate of return for Constant Corporation's equity is 15%, what should the price of the company's shares be, today? Round your answer to the nearest penny.
The price of Constant Delayed Corporation's shares today should be approximately $20, rounded to the nearest penny.
To determine the price of Constant Delayed Corporation's shares today, we can use the dividend discount model (DDM) and the concept of present value.
Given that the company will start paying dividends in year 4 and continue indefinitely, we need to calculate the present value of the perpetual stream of dividends.
Using the formula for the present value of a perpetuity, the present value (PV) of the perpetual dividends is given by:
PV = D / (r - g),
where D is the dividend, r is the expected rate of return, and g is the growth rate. In this case, the growth rate is assumed to be zero since the dividends remain constant.
Substituting the values into the formula, we have:
PV = $3 / (0.15 - 0) = $20.
Therefore, the price of Constant Delayed Corporation's shares today should be approximately $20, rounded to the nearest penny.
For more such questions on nearest penny
https://brainly.com/question/28992962
#SPJ11
The total population of the United States exceeds 328 million people. Many transactions each day are needed to feed, clothe, and shelter a population of this size. The number is huge. It all works because the US economic system distributes the output of farms and factories. This example shows that ___________. a. marketing is important to business b. marketing dominates supply chain activities c. distribution is the focus of marketing d. distribution is not part of marketing activities
This example shows that distribution is not the focus of marketing. The correct option is d.
The statement "The total population of the United States exceeds 328 million people. Many transactions each day are needed to feed, clothe, and shelter a population of this size. The number is huge. It all works because the US economic system distributes the output of farms and factories." shows that distribution is the focus of marketing.
Marketing is the process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that meet individual and organizational goals. The goal of marketing is to improve value for customers, partners, and society by creating superior customer value and delivering it. Its ultimate aim is to meet the needs of society at large and advance the well-being of individuals and communities.
Marketing is the art of communicating with customers and generating demand for the goods or services being offered. In the marketing process, there are four essential elements: product, price, promotion, and distribution. All of these elements are critical to the success of a marketing campaign. However, distribution is the primary focus of marketing.
It is the process of making products available to customers by selecting the right channels of distribution and managing inventory levels to ensure that customers receive the right product at the right time. The US economic system is an example of this. The output of farms and factories is distributed across the country to meet the needs of the population.
The economic system of the US is built on the distribution of goods and services to consumers. Distribution is the process of getting goods and services from producers to consumers. The US economic system distributes the output of farms and factories to meet the needs of the population.
This example shows that distribution is not the focus of marketing. Marketing is responsible for getting products to consumers through distribution. Without distribution, the marketing process would not be successful. therefore, The correct option is d.
To learn more about marketing click here:
https://brainly.com/question/25754149#
#SPJ11
Stevie commenced a voyage on June 1, 1998, from Chicago to New York and back. The voyage was completed on July 31, 1998. It carried a consignment of handloom textiles on its outward journey and wheat on its return journey. The ship was insured at an annual premium of $ 24,000. From the following particulars draw up the Voyage Account: Port charges $5,000; coal $ 30,000; wages and salaries $50,000; stores purchases $ 8,600; sundry expenses $ 5,500; depreciation (annual) $ 96,000: freight earned (out) $ 1,30,000; freight earned (return) $ 70,000, Address Commission 5% on outward and 4% on return freight. Passage money received $ 10,000. Primage is 5% on freight. The manager is entitled to a 5% commission, on the profit earned, after charging such a commission. Stores and coal on hand were valued at $3,000 on July 31. Prepare Voyage Account of Stevie.
The Voyage account of Stevie would include gross profit of $11,373 on the outward voyage and a loss of $48,855 on the return journey which means the overall loss is $37,482. Stores and coal on hand were valued at $3,000 on July 31 and depreciation for 61 days is $16,027.
Voyage Account of Stevie is as follows,
Particulars Amount
Outward freight $130,000
Less:
Address commission at 5% ($130,000 x 5%) ($6,500)
Less:
Primage at 5% ($130,000 x 5%) ($6,500)
Net freight $117,000
Add:
Passage money $10,000
Gross earnings $127,000
Less:
Port charges $5,000
Coal $30,000
Wages and salaries $50,000
Stores purchases $8,600
Sundry expenses $5,500
Depreciation ($96,000 ÷ 365 x 61) $16,027 ($115,627)
Net profit $11,373
Less:
Manager’s commission at 5% ($11,373 x 5%) ($568)
Balance $10,805
Return freight $70,000
Less:
Address commission at 4% ($70,000 x 4%) ($2,800)
Less:
Primage at 5% ($70,000 x 5%) ($3,500)
Net freight $63,700
Less:
Port charges $5,000
Coal $30,000
Wages and salaries $50,000
Stores purchases $8,600
Sundry expenses $5,500
Depreciation ($96,000 ÷ 365 x 61) $16,027 ($115,127)
Loss $(51,427)
Less:
Manager’s commission at 5% ($51,427 x 5%) ($2,572)
Net loss $(48,855)
Gross profit on the outward voyage is $11,373, while there is a loss of $48,855 on the return journey. This implies that the overall loss is $48,855 - $11,373 = $37,482. Stores and coal on hand were valued at $3,000 on July 31. Depreciation for 61 days (i.e., from June 1 to July 31) is $96,000 ÷ 365 x 61 = $16,027.
Learn more about Gross profit:
https://brainly.com/question/942181
#SPJ11
A restaurant chain is thinking of opening a new location in Pomona, which would be its brand-new 6-year project. The restaurant chain's manager's research team believes that the new restaurant would be able to bring revenues equal to $455,000 each year. In addition, costs of goods sold such as money paid to suppliers, utility bills, etc. would add up to a total of $311,000 each year. The company would need to spend $555,000 right away to buy all necessary fixed assets such as the new restaurant building, equipment, etc. These fixed assets will be losing their economic value for the duration of the new project according to the five-year property class under the MACRS system: Year 1: 20.00 percent, Year 2: 32.00 percent, Year 3: 19.20 percent, Year 4: 11.52 percent, Year 5: 11.52 percent, Year 6: 5.76 percent. The restaurant chain faces 35 percent income tax rate rate for its taxable income each year. Calculate the operating cash flow for the 3rd year of this brand-new restaurant project.
Operating Cash Flow = $37,440 + $106,560 - $0Operating Cash Flow = $144,000Therefore, the operating cash flow for the 3rd year of the brand-new restaurant project is $144,000.
Operating cash flow is calculated by deducting the cost of goods sold from the restaurant's total revenue and then adding back non-cash expenses such as depreciation. Then, the tax is subtracted to get the operating cash flow for that particular year.
To calculate the operating cash flow for the 3rd year of the restaurant project, the following steps should be taken:Step 1: Calculate the depreciation expense for each year. Year 1: ($555,000 * 20%) = $111,000Year 2: ($555,000 * 32%) = $177,600Year 3: ($555,000 * 19.2%) = $106,560Year 4: ($555,000 * 11.52%) = $63,792Year 5: ($555,000 * 11.52%) = $63,792Year 6: ($555,000 * 5.76%) = $31,848Step 2: Calculate the earnings before taxes (EBT) for the 3rd year of the restaurant project. EBT = Revenue - Cost of Goods Sold - Depreciation ExpenseEBT = $455,000 - $311,000 - $106,560EBT = $37,440
To know more about Cash Flow visit:-
https://brainly.com/question/27994727
#SPJ11
assume the fed purchases $17,450 worth of u.s. treasury bonds from warren buffett, who promptly deposits the money in the first national bank. assuming that the required reserve ratio is 4.4 percent and banks keep zero excess reserves, the money supply in the economy will eventually:
The effect on the money supply in the economy, given the treasury bonds purchased would be A . increase by a maximum of 16,752.
How will the money supply change ?First, there is a need to find the require reserve ratio from the amount purchased by the Federal reserve to be :
= 4 / 100 x 17 , 450
= 4 % x 17 , 450
= $ 698
The amount the money supply will change by, is therefore a maximum of :
= Amount purchased by FED - Required reserve
= 17, 450 - 698
= $ 16, 752
Find out more on money supply at https://brainly.com/question/28961535
#SPJ4
Options include:
increase by a maximum of 16,752.
increase by a maximum of $17.450.
increase by a maximum of $436,250.
increase by a maximum of 569,800.
Using the quantity equation of money MV = PQ, calculate the money supply (M) if velocity (M) equals 5. the price level (P) equals 112, and real GDP (Q) equals 132. Round to the nearest whole number Provide your answer below:
Rounding to the nearest whole number, the money supply (M) is approximately 2950.
Money supply refers to the total amount of money available in an economy at a given point in time. It includes all forms of money, such as cash, coins, and various types of bank deposits that can be readily used for transactions and as a medium of exchange. The money supply is a crucial measure that helps in understanding the overall liquidity and monetary conditions in an economy.
To calculate the money supply (M) using the quantity equation of money MV = PQ, we can rearrange the equation as follows:
M = PQ / V
Velocity (V) = 5
Price level (P) = 112
Real GDP (Q) = 132
Plugging in these values into the equation:
M = (132 * 112) / 5
M = 2950.4
To know more about money supply, here
https://brainly.com/question/30218160
#SPJ4
what international organizations exist that manage the world
economy? how these organizations are linked to international
business?
There are several international organizations that exist that manage the world economy. Some of the most prominent ones include: International Monetary Fund (IMF):
This organization is responsible for ensuring the stability of the international monetary system, including exchange rates and balance of payments. It provides financial assistance to member countries experiencing economic difficulties and works to promote international trade.
World Trade Organization (WTO): This organization is responsible for regulating and promoting international trade. It helps to negotiate trade agreements between member countries and works to resolve trade disputes between them. World Bank: The World Bank is responsible for providing financial assistance to developing countries.
It provides loans, grants, and other forms of financial support to help these countries grow and develop their economies. These organizations are linked to international business in a number of ways. They help to promote international trade and investment, which can benefit businesses that operate across borders.
They also provide financial assistance to businesses that are struggling, and can help to create a more stable and predictable economic environment for businesses to operate in. Additionally, these organizations help to promote economic growth and development, which can create new business opportunities for companies operating in these countries.
To know more about International Monetary Fund visit:
https://brainly.com/question/30627656
#SPJ11