The capacity requirements are computed by multiplying the number of units scheduled for production at a work center by the unit resource requirements and then adding in the setup time
What is a resource requirements plan?The most crucial components needed to make your business model successful are referred to as resources. the process of transforming the production plan or master production schedule into the effect on important resources, such as man-hours, machine-hours, storage, standard cost dollars, shipping dollars, and inventory levels.
Resource requirements include the time and resources needed to produce a product are estimated using information from a projection of future sales. Resource management done right may lower expenses, increase efficiency, and increase productivity for your company. By reprioritizing projects or resources, you may usually more quickly mitigate risk by seeing possible resource conflicts early on.
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which of the following bodies makes u.s. accounting practices more consistent with those in other nations along with the financial accounting standards board (fasb)?
The international accounting standards board (IASB) is the body that makes the U.S. accounting practices more consistent with those in other nations, along with the financial accounting standards board (FASB). Therefore, the option C holds true.
The accounting practices in the society are the generalized forms of practices that are taken into consideration when following the preparation of accounting records for a particular accounting period. There are a number of bodies that have the authority to regulate the accounting practices in the United States.
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Complete question
which of the following bodies makes u.s. accounting practices more consistent with those in other nations along with the financial accounting standards board (fasb)?
A. Global accounting standards board
b. american accounting standards board
c. international accounting standards board
mangement of change process should ensure that changes do not change existing inherently safer barries
The management of change process should ensure that changes do not unintentionally change existing inherently safer barriers.
The aim of a change is to make a better system for the organization to deal with every challenge along the way. It requires multiple steps in the management of change starting from preparation, crafting a plan, implementation, embedding the changes, and finally the review. Along the process of change it has to be ensured that the changes do not unintentionally change existing inherently safer barriers, which mean the process of change should keep the inherently good culture and add another new good culture.
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FILL IN THE BLANK.mobile chair corp. sources casters from e-z roll inc. in this situation, e-z roll inc. is part of the___portion of the global supply chain.
Mobile chair corp. sources casters from e-z roll inc. in this situation, e-z roll inc. is part of the Upstream portion of the global supply chain.
When a product or service is manufactured and delivered across the course of many countries, the whole supply chain is involved.
How does the global supply chain operate? What is it?A global supply chain is a network that connects a company with its suppliers, customers, and other parties involved in the conversion of raw materials into marketable items. International supply chains are made up of people, technology, information, and resources.
The significance of the global supply chain:Picture of a worldwide supply network:By lowering costs and enticing companies to expand into other markets, the global supply chain aids in increasing the productivity and profitability of manufacturers and industries.
The essential components of a world supply chain:Four crucial steps make up the conventional global supply chain:Supplier, manufacturer, retailer, and end-user.
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horizon financial inc. was organized on february 28. projected selling and administrative expenses for each of the first three months of operations are as follows: march $174,900 april 164,400 may 149,600 depreciation, insurance, and property taxes represent $37,000 of the estimated monthly expenses. the annual insurance premium was paid on february 28, and property taxes for the year will be paid in june. 68% of the remainder of the expenses are expected to be paid in the month in which they are incurred, with the balance to be paid in the following month.
Expenses for the month is given below
March
Selling & Administrative expenses = $174,900
Depreciation, Insurance & Property Taxes = $37,000
Remainder of expenses:
Paid in the same month = $174,900 - $37,000 = $137,900 x 68% = $93,852
Paid in the following month = $137,900 - $93,852 = $44,048
April
Selling & Administrative expenses = $164,400
Depreciation, Insurance & Property Taxes = $37,000
Remainder of expenses:
Paid in the same month = $164,400 - $37,000 = $127,400 x 68% = $86,312
Paid in the following month = $127,400 - $86,312 = $41,088
May
Selling & Administrative expenses = $149,600
Depreciation, Insurance & Property Taxes = $37,000
Remainder of expenses:
Paid in the same month = $149,600 - $37,000 = $112,600 x 68% = $76,408
Paid in the following month = $112
Projected expenses are the estimated costs of goods or services that a business expects to incur in the future. These expenses are based on predictions of future economic conditions and the current and future needs of the business. Projected expenses can be used to help businesses plan and budget for the future, by estimating the costs associated with future activities and investments.
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In 1959, 12 years after the Brooklyn Dodgers hired an African-American player, Jackie Robinson, the Boston Red Sox were the last major league baseball team to integrate when they brought up an African-American second baseman, Pumpsie Green. After hiring Jackie Robinson, the Dodgers won the National League pennant for seven of the next 13 years; the Red Sox won the American League pennant in 1946 but did not win again for 21 years.
1. How did ending discrimination help the Dodgers? How did not hiring African-American players like Jackie Robinson effect the Red Sox?
2. Who had gained and who had lost when major league baseball discriminated against African-American players?
The MLB's most memorable dark player, Jackie Robinson, acquired the NL MVP grant in 1949. By that model, scarcely any people, and no competitor have impacted lives in the twentieth hundred years. Robinson got the fire and gave it going to various ages of competitors of African drop.
Robinson, nonetheless, was absent. All things considered, he was in Boston for a "tryout" with the Boston Red Sox scheduled for April 12 at Fenway Park. Sam Jethroe and Marvin Williams, the two players in the Negro Association, joined Robinson there under the careful attention of Red Sox scouts and director Joe Cronin.
For a good explanation, many consider Jackie Robinson's Ebbets Field debut on April 15, 1947, with the Brooklyn Dodgers to be an urgent second in the two games and U.S. social equality history. The second time Robinson did so happened on that specific day, however, in baseball
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Despite having a promising product, Vesper Systems is having difficulty generating profits. Having raised $85 million in an initial public offering of its stock early in the year, the company is poised to introduce a new product. If Vesper engages in a promotional campaign costing $55 million this year, its annual after-tax cash flow over the next five years will only be $1 million. If it does no undertake the campaign, it expects its after-tax cash flow to be -$15 million annually for the same period. Assuming the company has decided to stay in its chosen business, is this campaign worthwhile when the discount rate is 8%. Why or why not?
Based on the information provided, it does not appear that the promotional campaign would be worthwhile for Vesper Systems when the discount rate is 8%. The campaign would cost $55 million, and would only generate $1 million in annual after-tax cash flow over the next five years, for a total of $5 million in cash flow over the five-year period. When the discount rate is 8%, this amount of cash flow would not be sufficient to justify the cost of the campaign.
In contrast, if Vesper Systems does not undertake the promotional campaign, it expects its after-tax cash flow to be -$15 million annually for the same five-year period. This would result in a total cash flow of -$75 million over the five-year period. While this is still a negative cash flow, it would be less negative than the cash flow generated by the promotional campaign.
Overall, the decision to undertake the promotional campaign would not be worthwhile for Vesper Systems when the discount rate is 8%, as the expected cash flow from the campaign would not be sufficient to justify the cost of the campaign. It would be more beneficial for the company to not undertake the campaign and instead focus on other strategies to improve its profitability.
which of the following statements describing individual tax deductions is false? multiple choice individuals elect to itemize deductions in a tax year in which total itemized deductions exceed the standard deduction. the majority of individual taxpayers itemize rather than taking the standard deduction. individuals who pay self-employment tax can deduct one half of the tax as an above-the-line deduction. in a year in which an individual takes the standard deduction, any itemized deductions yield no tax benefit.
The majority of individual taxpayers itemize rather than taking the standard deduction. This statement is false. Therefore, the second option is the correct answer.
Tax deductions are justifications offered to lower your taxable income and are based on a taxpayer's varied investments and outlays. Therefore, taking an income tax deduction lowers your entire tax obligation. It is a type of tax benefit that enables you to reduce your tax liability. The kind of tax benefit you receive will, however, determine how much tax you can save.
American taxpayers decide whether to take the standard deduction or itemise their deductions based on which option lowers their taxable income the most. Even yet, because of the TCJA's roughly twofold increase in the standard deduction and the elimination (or cap) of numerous itemised deductions, the standard deduction benefits the majority of taxpayers.
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True or False: Goods that have been purchased FOB destination but are in transit, should be excluded from a physical count of goods.
It is true, A physical count of goods should omit items that have been purchased FOB destination but are still in motion.
Free on Board Destination, or FOB Destination, is an abbreviation of that phrase. When products are delivered to the buyer's receiving dock, the word signifies that the buyer accepts delivery of the goods being transported to it by a supplier. Four different FOB destination words exist, and they are listed below.
As a result, the actual location during transit at which title transfers and who pays for the freight constitute the essential components of all variations on FOB destination. If a buyer's transportation division takes the initiative, it may steer clear of FOB destination terms and favor FOB shipping point terms so that it can have more control over the logistics process.
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environmental protection itself contributes to economic growth. somebody makes and sells the air pollution control technologies we put on power
Even on its own, environmental preservation encourages economic growth. Our company does not manufacture or sell the air pollution control technology we install on vehicles and power plants.
What impact does the environment have on the growth and development of the economy?Economic growth will be inhibited without adequate environmental protection, and environmental protection will fail without it. Economic growth is constrained by the planet's natural resources. The extent of resource substitution, technological development, and structural changes all have an impact on these restrictions.
What advantages does protecting the environment provide for the economy?Even on its own, environmental preservation encourages economic growth. Our company does not manufacture or sell the air pollution control technology we install on vehicles and power plants. Someone built the facilities for treating the sewage and water.
We are never able to properly repay the environment for the countless benefits we gain from it. owing to their connections to the forest's trees, animals, water, and air. Hazardous gases are absorbed by the forest and trees, and the air is filtered. In addition to numerous other functions, plants filter water and reduce the probability of flooding.
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if barbara increases the monthly payment amount by 200 for her mortgage which is on a 30 year payment plan this decreases the present value of the annuity
Based on the annuity payment that Marie will make and the number of years, the nt value that she will use in her formula is 360 months.
The nt value is the quantity of periods that Barbara should pay her annuity installment. This worth can be yearly, month to month, week by week and, surprisingly, day to day.
As the home loan intensifies month to month in this occurrence, the nt worth should be month to month too.
To find the nt value, the recipe is:
= Number of years x number of intensifying periods each year
= 30 x 12 times each year
= 360 months
An annuity is an agreement among you and an insurance agency that requires the guarantor to make installments to you, either right away or later on. An Annuity plan offers a proper measure of cash until the end of your life as a trade-off for a single amount installment or a progression of portions.
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Complete Question is -
Barbara is calculating an annuity payment. Her mortgage of $200,000 compounds monthly for 30 years. What is the nt value she will use in her formula?
First Securities Advisers, Inc., a subsidiary of First Securities Broker-Dealers, Inc., requires customers to have a minimum of $250,000 under management and charges them 1% in advisory fees based on the amount of assets in their accounts. Clients also pay commissions for securities transactions in their accounts at First Securities Broker-Dealers, Inc. First Securities Advisers, Inc., has
not violated the prohibition against performance fees
First Securities Advisers Inc. has not violated the prohibition against charging performance fees because it did not base its fees on a share of capital gains or losses in their clients' accounts. First Securities charged on the basis of assets under management. The 1% in advisory fees charged appears reasonable. The commissions charged by the affiliated broker-dealer have nothing to do with the question. The client would have to pay commissions wherever the transactions were executed.
First Securities Advisers, Inc has not violated the prohibition against performance fees
Explicit performance fees were prohibited for registered investment advisors serving retail clients by the Investment Adviser's Act of 1940. However, later law changed this prohibition, and performance-based fees are now permitted in some situations.
Because First Securities Advisers Inc. does not base its fees on a portion of capital gains or losses in its clients' accounts, it has not broken the rule against charging performance fees. First Securities assessed fees based on the amount of managed assets. It seems reasonable to charge 1% in advising fees. The question is unrelated to the commissions levied by the associated broker-dealer. Wherever the transactions were carried out, the client would be required to pay commissions.
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1) Gaining ________ requires delivering more value and satisfaction to target consumers than competitors do.
A) competitive advantage
B) competitor analysis
C) benchmarking
D) a market-center
E) a target advantage
Gaining competitive advantage requires delivering more value and satisfaction to target consumers than competitors do. So option a. is correct.
Competitive advantage is what makes an entity's products or services more desirable to customers than that of any other rival. Competitive advantages can be broken down into comparative advantages and differential advantages. It is a company's ability to produce something more efficiently than a rival, which leads to greater profit margins.
A differential advantage is when a company's products are seen as both unique and of higher quality, relative to those of a competitor.
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which of the following is an influence tactic? which of the following is an influence tactic? ingratiation rationality assertiveness all of the above
Rational persuasion or rationality is an influence tactic that was also found to be one of the most effective influence tactics.
Leaders can apply influence tactics to alter the attitudes, values, or actions of their workforce. The actual strategies that leaders employ change depending on the circumstance and the desired results. Middle management executives, for instance, employ a variety of strategies to persuade both their superiors and subordinates.
Despite the efficiency of these strategies, further investigation of these influence attempts revealed that pressure, trade, coalition, and weak rationale were the most often employed influence strategies.
The least popular technique, inspirational appeal, was discovered to be the most effective one. The other most successful persuasion techniques, however, were likewise found to be applied sparingly.
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according to this week's reading, which of the following statements are true? (select all that apply.) group of answer choices your ability to think critically and creatively is a key to your success in college and in life. critical thinking allows you to identify and weed out logical fallacies that weaken the value of an idea. creative thinking involves adapting existing ideas or combining them in new ways to create a new solution. problem solving is effectively achieved by applying both critical thinking and creative thinking to generate viable solutions and decisions. understanding the difference between the roles of deciding and providing input makes for better decisions
All the given statements are true to the concept of critical thinking and decision making. The adage is accurate since critical thinking fosters creativity in students and helps them recognize and effectively address challenges.
It is also a necessary skill for success in life. The adage "Better decisions may be made by providing inputs and by understanding the distinction between the roles of choosing and giving inputs" is also true. There are several decision-making responsibilities; an employee or student must be aware of these distinctions and provide pertinent advice to improve the team's or group's decision-making process.
The aforementioned remark is accurate since one may use both critical and creative thinking to come up with effective decisions and solutions for a particular problem.
Therefore, all the statements are true.
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dividing consumers into two or more groups and charging different prices to each group. unselected dividing consumers into two or more groups and charging the same price to each group. unselected dividing market demand among producers who all agree to charge the same price to consumers.
Dividing consumers into groups on the basis of the prices or dividing market demand on the basis of the prices is known as Price Discrimination.
A selling tactic known as price discrimination involves charging clients various rates for the same good or service depending on what the vendor believes they can persuade the customer to accept. When a merchant uses pure price discrimination, they charge each consumer the highest price they will agree to. In more prevalent types of price discrimination, the supplier divides clients into groups based on particular characteristics and assesses a different price to each group. It comes in three types: first-degree, often known as perfect, second-degree, and third-degree. The term "personalized pricing" also applies to these levels.
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When a consumer notices a new product in a store because of the point-of-purchase display, reads about the attributes of the product and recalls an unresolved problem that this product will solve, and then purchases the product, _____ has occurredlimited
A consumer is a person or a group that is not directly involved in entrepreneurial or business operations and who intends to order or uses purchased items, products, or services primarily for personal, social,
family, or household needs. The phrase is most frequently used to describe someone who makes purchases for their own use. A consumer in an economy purchases goods or services primarily for personal use rather than for resale or for commercial objectives. For goods or services, customers must pay money (or an equivalent). ([4]) Next, eat (use up). As a result, consumers are an essential component of any economy and play a crucial role in the economic system of a capitalist society[5]. [6] [7] [8] Without consumer demand, one of the primary incentives for producers to produce would be absent:
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An investor starts with $1 million and converts it to 0.75 million pounds, which is then invested for one year. In a year the investor has 0.7795 million pounds, which she then converts to dollars at an exchange rate of 1.39 dollars per pound. The U.S. dollar annual rate of return earned was Select one a 5.45 percent b. 8.35 percent c. 6.62 percent d. 3.93 percent e. 2.97 percent.
The U.S. dollar annual rate of return earned was 8.35 percent [(0.7795 million pounds/0.72)/$1 million] − 1 = 8.35%
The annualized rate of return is a method for estimating investment returns. We frequently want to know how much money we are making from our investments as we make them. The term "rate of return" refers to the formula we use to determine our investment earnings over time.
The gain or loss on an investment over a year is known as the annual rate of return. The yearly rate of return can be determined in a variety of ways. When a rate of return is calculated on a monthly basis, it is expressed as an annual rate of return by multiplying by 12. The annual percentage rate is another name for this (A.P.R.).
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Max, who is single and age 30, provides you with the following information from his financial records for 2021. Regular income tax liability $77,794 525,000 AMTI Taxable income 295,000 Calculate his AMT exemption for 2021. Oa. $350 Ob. $73,250 Oc. So Od. $73,600
In 2021, the AMT exemption for single taxpayers age 30 is $73,600. Therefore, Max's AMT exemption for 2021 is $73,600. This means that Max will only have to pay the AMT on income that exceeds $73,600. The amount of AMT liability for Max is $77,794, calculated by subtracting the AMT exemption from the AMT taxable income ($295,000). This leaves Max with a liability of $77,794.
The Alternative Minimum Tax (AMT) is a system of taxation which is meant to ensure that high-income taxpayers must pay at least some minimum amount of tax. It is imposed at a flat rate on certain types of income, regardless of the taxpayer's marginal tax rate. The AMT exemption is a threshold amount of income that is exempt from the AMT.
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you notice a bottle of cleaner sitting near a package of tortillas. what kind of food hazard is this?
Answer: If you notice a bottle of cleaner sitting near a package of tortillas, this could be a potential food hazard. Cleaners are chemicals that are used to clean and disinfect surfaces, and they can be harmful if ingested. If the cleaner comes into contact with the tortillas, it could contaminate the food and make it unsafe to eat. Ingesting even a small amount of cleaning chemicals can cause serious health problems, such as stomach pain, nausea, vomiting, and difficulty breathing. It is important to keep cleaning products and other chemicals away from food and to properly store and label these products to prevent accidental contamination.
Explanation:
in june, newcastle inc. announced a 3-for-1 stock split. on the split date, newcastle had about 122.9 million shares outstanding. after the split, the number of shares outstanding was: select one: a. 368.7 million b. 41.0 million c. 81.9 million d. 245.8 million
After the spilt the number of outstanding share was 368.7 million.
What is Share?
In economics, shares represents units of equity ownership in a corporation.
Here we know that in June, Newcastle inc. announced a 3-for-1 stock split. on the split date, Newcastle had about 122.9 million shares outstanding.
Now, we need to find after the split, the number of shares outstanding was.
While we looking into the given question we know that, the rationale is A 3-for-1 stock split means that the company distributes two additional shares of stock for every share owned by a current shareholder.
So, it can be calculated as,
=> 122.9 million × 3 = 368.7 million.
Therefore, the option (a) is correct.
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The daily demand for a component at a hardware store is normally distributed, with an average of 100 and a standard deviation of 10 units. The store manager is willing to accept a risk of stockout 3% of the time during the lead time, which is constant at 6 days. Answer the following questions. Write your final answer only (without intermediate steps) for the fill-in-the-blank questions.
For a store manager who wants to maintain a service level of 97%, the appropriate value of Z is 1.88
R = Stockout risk = 3 %
SL = Service Level = 1 - R
= 100 - 3
= 97%
Z = Z value calculated from the service level probability standard normal table = 1.88
d = Average Daily Demand = 100
σd = Standard Deviation of Demand = 10
L = Lead Time = 6
Then,
Considering that lead time is constant while demand is not,
SS = Safety Stock = [Z × σd × SQRT (L)]
= [1.88 × 10 × SQRT (6)]
= 46.07
ROP = (d × L) + SS
= (100 × 6) + 46.07
= 646.07
Complete question:
The daily demand for a component at a hardware store is normally distributed, with an average of 100 and a standard deviation of 10 units. The store manager is willing to accept a risk of stockout 3% of the time during the lead time, which is constant at 6 days. Answer the following questions. Write your final answer only (without intermediate steps) for the fill-in-the-blank questions. Question 10 (2 points) The service level that the store manager wants to maintain = A . Use 2-decimal accuracy for the final answer, e.g., 0.12, when necessary. Question 11 (2 points) The appropriate value of Z (i.e., the number of standard normal deviations) = A . Use 2-decimal accuracy for the final answer, e.g., 0.12, when necessary. Question 12 (2 points) A Safety stock = answer (if it is not an integer) to the nearest integer. units. Round the final Question 13 (2 points) Reorder point = A units. Round the final answer (if it is not an integer) to the nearest integer.
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The following is a list of activity time for a project, as well as crashing costs for its activities. Determine which activities should be crashed and the total cost of crashing if the goal is to shorten the project by three weeks as cheaply as possible. First construct a network diagram. You can either use a AOA or AON We have the following list of activities for a project and crashing costs:Determine which activities should be crashed to shorten the project by 3 weeks as cheaply as possible. Draw the precedence diagram first. Use this summary format of the crashing steps to provide your conclusion data:
The project must now be terminated as cheaply as feasible. for the project to crash. We can adhere to the listed crashing timetable. the crash schedule and cost table is shown in the picture.
Here, we are adhering to two rules for project collapse, crash only the least important activity every time After each crash, check the paths to see if they have turned into a critical path. A network diagram is a picture that shows how a computer or communications network is organised. It demonstrates the routers, devices, hubs, firewalls, and other network building blocks as well as how they interact. A method of compressing your timetable called "project crashing" or crashing schedule entails adding more resources to handle two jobs at once. The crashing approach is described as a means to reduce your project schedule for the least additional expense in the Project Management Body of Knowledge (PMBOK® Guide). The main goal of crashing your schedule is to complete the project more quickly.
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earnings per share and price-earnings ratio a company reports the following: net income $458,000 preferred dividends $26,000 shares of common stock outstanding 80,000 market price per share of common stock $58.86 a. determine the company's earnings per share on common stock. round your answer to the nearest cent. use the rounded answer of requirement a for subsequent requirement, if required. $fill in the blank 1 b. determine the company's price-earnings ratio. round to one decimal place.
a. Computation of income per share:
The earnings per share can be computed by subtracting the favored dividends from the net income and dividing the end result with the aid of the shares of common stock outstanding.
The desired dividends are deducted to decide the quantity handy for frequent shareholders.
Earnings Per Share=Net Income−Preferred Dividends/Shares of Common Stock Outstanding=$458,000−$26,000/80,000
=$432,000/80,000
=$5.4
Thus, the revenue per share are $5.4.
b. Calculation of price-earnings ratio:
Price-earnings ratio varieties a relation between earnings and a corporation's market price per share. It can be arrived at by means of dividing the salary per share, i.e., $5.4, through the market charge per share, i.e., $58.86.
Price - income ratio=Earnings Per Share/Market Price Per Share of Common Stock
=$5.4/$58.86
=0.09
Hence, the price-earnings ratio is 0.09.
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https://brainly.com/question/28390284#SPJ4introduction: provide a short overview of your company and the purpose of this report. business overview: name your company and describe its business and your vision for its future. purpose of the report: explain the purpose of the report and describe why the information is important. methods and approach: explain the management accounting methods you used for generating the information that you are about to share in terms of your adherence to industry standards and the american institute of certified public accountants (aicpa) code of ethics.
The management accounting techniques include cash flow analysis, constraint analysis, trend and forecasting analysis, budgeting, total quality management, and inventory costing.
How has management accounting changed over time to fulfill the needs of management, and how?Measurement, control, and decision-making utilise the data in the management accounting system. Management accounting is a modern tool for management, according to management literature. It provides methods for accounting data interpretation. The goals of management should be served through accounting.
How do management techniques work?The application of management practices can help you communicate with staff members, foster a positive work environment, and accomplish organizational goals. Depending on their industry, production objectives, team members, or project objectives, supervisors may employ various management strategies.
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The tendency of people to avoid paying for a good's benefits when the benefits can be obtained for free is called the _____ problem.
A) free-market
B) free-goods
C) free-cost
D) free-rider
The tendency of people to avoid paying for a good's benefits when the benefits can be obtained for free is called the free-rider problem.
The free rider problem indicates the condition when there are very small quantity of public goods offered for a minimal or no cost. It represents a situation wherein the person or firm tries to gain maximum goods or incentives without even paying for it. To the free rider, there is little incentive to contribute to a collective resource since they can enjoy its benefits even if they don't. It is a wrong habit as such incentives tends to make people more lazy and beggar like, who needs everything for free.
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which one of the following is implied by an annual service level of 95 percent? rev: 04 22 2019 qc cs-166729 multiple choice the probability is .95 that demand will equal supply during lead time. approximately 95 percent of demand during lead time will be satisfied. the probability is .95 that demand will exceed supply during lead time. approximately 95 percent of all demand will actually be satisfied directly from on-hand inventory. the probability is .95 that demand will not exceed supply during lead time.
This is based on probability. A lead time service level of 95% implies that demand during a lead time will not exceed inventory at the start of the next lead time.
How do you calculate probability?
Probability is calculated by dividing the total number of possible outcomes by the number of ways an event could occur. Probability and odds are two different concepts. Odds are calculated by dividing the probability that something will happen by the probability that it won't.
The branch of mathematics known as probability deals with numerical representations of the probability that an event will occur or that a statement will be true. The probability of an event is a number between 0 and 1, with approximately 0 meaning improbability and 1 meaning certainty.
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The County of Maxnell decides to create a sanitation department and offer its services to the public for a fee. As a result, county officials plan to account for this activity within the enterprise funds. Prepare journal entries for this operation for the following 2017 transactions as well as necessary adjusting entries at the end of the year. Assume the information is being gathered to prepare fund financial statements. Only entries for the sanitation department are required here:January 1 Received unrestricted funds of $227,000 from the general fund as permanent financing.
Febrauary 1 Borrowed an additional $180,000 from a local bank at a 12 percent annual interest rate.
March 1 Ordered a truck at an expected cost of $115,000.
April 1 Received the truck and made full payment. The actual cost amounted to $117,000. The truck has a 10-year life and no salvage value. Straight-line depreciation is to be used.
May 1 Received a $27,700 cash grant from the state to help supplement the pay of the sanitation workers. The money must be used for that purpose.
June 1 Rented a garage for the truck at a cost of $2,200 per month and paid 12 months of rent in advance.
July 1 Charged citizens $19,000 for services. Of this amount, $15,400 has been collected.
August 1 Made a $13,000 cash payment on the 12 percent note of February 1. This payment covers both interest and principal.
September 1 Paid salaries of $25,500 using the grant received on May 1.
October 1 Paid truck maintenance costs of $2,000.
November 1 Paid additional salaries of $19,500, first using the rest of the grant money received May 1.
December 31 Sent invoices totaling $20,400 to customers for services over the past six months. Collected $5,200 cash immediately.
December 31 A new landfill was opened this year. It is 12 percent filled as of the end of the year. The estimated current cost for the eventual closure of this facility is $2.1 million although no payments will be made for approximately 9 years.a) Record the accrual of interest expense - Enterprise fund.
b) Record the expense for landfill closure and liability
In an organization's accounting system, a journal entry documents a commercial transaction. The foundation of the double-entry accounting method, which has been around for centuries, is made up of journal entries.
The required journal entries are:
January 1
Cash - Debit $227,000
To General fund - Credit $227,000
(Being unrestricted funds received from general funds)
February 1
Cash - Debit $180,000
To Notes payable - Credit $180,000
(Being additional funds borrowed from local bank at 12percent annual interest)
March 1
Purchase Expenditure un invoiced - Debit $115,000
To Purchase Accrual - Credit $115,000
(Being order placed for purchasing truck is accrued (recorded) at estimated cost )
April 1
Product receipt - Debit $115,00
Purchase expenditure un invoiced - Credit $115,000
(Being entry of Truck received (product receipt) has been recorded)
Purchase Accrual - Debit $115,000
To Product receipt - Credit $115,000
(Being reversal of purchase accrual entry recorded on march 1)
Truck - Debit $117,000
To cash - Credit $117,000
(Being payment made to truck purchased)
May 1
Cash - Debit $27,700
To Contribution revenue - Credit $27,700
(Being grant received from State for the supplement help)
Enterprise fund - Debit $27,700
To cash - Credit $27,700
(Being cash transferred to enterprise fund)
June 1
Advance rent - Debit $26,400
To Cash - Credit $26,400
(Being garage rent paid in advance for 12 months)
July 1
Receivable - Debit $19,000
To Contribution revenue - Credit $19,000
Cash - Debit $15,400
To Receivable - Credit $15,400
(Being record of contribution revenue from citizens and amount collected recorded)
August 1
Interest expenses - Debit $10,800
($180,000*12%/6)
Notes Payable - Debit $2,200
To Cash - Credit $13,000
(Being cash paid towards interest on notes payable for 6 months and principal)
September 1
Salaries expenses - Debit $25,500
To Enterprise fund - Credit $25,500
(Being salaries paid from the grant received)
October 1
Repair and maintenance - Debit $2,000
To Cash - Credit $2,000
(Being cash paid towards truck repair & maintenance)
November 1
Salaries expenses - Debit $19,500
To Enterprise fund - Credit $2,200
To Cash - Credit $17,300
(Being additional salary paid from rest available balance of grant fund and remaining in cash)
December 31
Receivable - Debit $20,400
To Contribution revenue - Credit $20,400
Cash - Debit $5,200
To Receivable - Credit $15,200
(Being record of contribution revenue from citizens and amount collected recorded)
December 31
Land fill expenses- Debit $252,000
($2,100,000*12%)
To Landfill expenses payable - Credit $252,000
(Being landfill closure expenses accrued as of December 31)
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A reverse repurchase agreement, or "reverse repo," is the purchase of securities with the agreement to sell them at a higher price at a specific future date. A reverse repo refers to the buyer side of a repurchase agreement (RP), or repo. These transactions, which often occur between two banks, are essentially collateralized loans. The difference between the original purchase price and the buyback price, along with the timing of the transaction (often overnight), equates to interest paid by the seller to the buyer. The reverse repo is the final step in the repurchase agreement, closing the contract.
1
For example, let's say Bank ABC currently has excess cash reserves, and it is looking to put some of that money to work. Meanwhile, Bank XYZ is facing a reserve shortfall and needs a temporary cash boost. Bank ABC may enter a reverse repo agreement with Bank XYZ, agreeing to buy securities and hold them overnight before selling them back for a slight profit. From the perspective of Bank XYZ, which sells the securities and agrees to buy them back at a premium the next day, the transaction is a repurchase agreement.
Notably, Federal Reserve Bank RRPs and repos are labeled based on the viewpoint of the counterparty, not the Fed's viewpoint. In other words, when it comes to dealing with the U.S. central bank, a reverse repo agreement means that the Fed's Open Market Trading Desk sells securities to a counterparty and agrees to buy them back later at a higher price.
2
The rate of interest at which the central bank (in India, the RBI) short-term borrows money from commercial banks is referred to as the reverse repo rate. Having a ready supply of cash available when needed is beneficial for the central bank.
It is a reverse repurchase agreement in the eyes of the party selling the security with the intent to repurchase it. It is a repurchase agreement to the party purchasing the securities and consenting to sell it back.A transaction in which the Desk sells a security to an eligible counterparty with an agreement to repurchase that same security at a set price at a given period in the future is known as a reverse repurchase agreement, commonly known as a "reverse repo" or "RRP." With all other factors staying the same, a rise in the reverse repo rate will result in a fall in the money supply and vice versa.To know more about Money here
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The industry-low, industry-average, and industry-high cost benchmarking data on pp. 6-7 of each issue of the Footwear Industry Report
The managers of your firm should always pay close attention to each issue of the Footwear Industry Report.
because, when the standards for one single or multiple measures show that your company(s) results was excessively out of line and just about definitely impeded you service quality, your leadership team would be prudent to seek corrective measures in the following selection round.
The importance of the footwear market
First of all and foremost, it's possible to classify footwear as a fundamental requirement, just behind commodities like nourishment, lodging, and apparel in terms of importance. Second, the production of footwear involves steps that necessitate a fair amount of labor, which greatly increases the amount of jobs created.
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what can you do to effectively navigate a panel interview? check all that apply. maintain eye contact with the questioner as well as with others. prepare basic biographical information about each interviewer. target all your answers toward the person on the panel who would be your supervisor. talk to the human resources representative. make sure you meet with two or more interviewers on a one-on-one basis.
You can do the following to effectively navigate the panel interview, maintain eye contact with the questioner as well as with others, prepare basic biographical information about each interviewer, make sure you meet with two or more interviewers on a one-on-one basis.
What is Interview?Interview is the meeting that is occurred to judge a person's skill and personality, the interview may be one to one or a panel interview.
In a panel interview it is recommended to have an eye contact with the person who asks a question and with others, this eye contact shows the confidence of the interviewee. Also the profile of interviewers can be read before the interview so that the likes and dislikes and known and the answer to questions can be accordingly.
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