Answer:
the amount of bad debt expense for the adjusting entry is $8,210
Explanation:
The computation of the amount of bad debt expense for the adjusting entry is shown below:
= Unadjusted trial balance × estimated percentage - credit balance of allowance for doubtful accounts
= $130,500 × 7% - $925
= $9,135 - $925
= $8,210
Hence, the amount of bad debt expense for the adjusting entry is $8,210
23 Spring Question 1 of 11 This quiz: 2 This questic Halifax Seafood makes 450 wooden packing boxes for fresh seafood per day, working in two 10-hour shifts. Due to increased demand, plant The plant is now able to produce 700 boxes per day. a) Before the change in work rules, the company's productivity per day = boxes/hour (Round your response to two decimal places) After the change, the new productivity level per day = boxes/hour (Round your response to two decimal places) b) Based on the changes made, the percent increase in productivity=% (Enter your response as a percentage rounded to two decimal pla c) If production is increased to 750 boxes per day (with the three 8-hour shifts), the new productivity = boxes/hour (Round your response to
a. Before the change in work rules, the company's productivity per day was 22.50 boxes/hour.
b. After the change in work rules, the new productivity level per day is 35.00 boxes/hour.
c. If production is increased to 750 boxes per day with three 8-hour shifts, the new productivity level per day would be approximately 31.25 boxes/hour.
a) Before the change in work rules, Halifax Seafood produced 450 wooden packing boxes per day working in two 10-hour shifts. To calculate the productivity per day, we need to determine the number of boxes produced per hour.
Number of boxes produced per day = 450 boxes
Number of hours worked per day = 2 shifts × 10 hours per shift = 20 hours
Productivity per day before the change = Number of boxes produced per day / Number of hours worked per day
Productivity per day before the change = 450 boxes / 20 hours = 22.50 boxes/hour
Therefore, before the change in work rules, the company's productivity per day was 22.50 boxes/hour.
b) After the change, the company is now able to produce 700 boxes per day. To calculate the new productivity level per day, we need to determine the number of boxes produced per hour.
Number of boxes produced per day = 700 boxes
Number of hours worked per day = 2 shifts × 10 hours per shift = 20 hours
Productivity per day after the change = Number of boxes produced per day / Number of hours worked per day
Productivity per day after the change = 700 boxes / 20 hours = 35.00 boxes/hour
Therefore, after the change in work rules, the new productivity level per day is 35.00 boxes/hour.
c) If production is increased to 750 boxes per day with three 8-hour shifts, we can calculate the new productivity level per day.
Number of boxes produced per day = 750 boxes
Number of hours worked per day = 3 shifts × 8 hours per shift = 24 hours
New productivity per day = Number of boxes produced per day / Number of hours worked per day
New productivity per day = 750 boxes / 24 hours ≈ 31.25 boxes/hour
Therefore, if production is increased to 750 boxes per day with three 8-hour shifts, the new productivity level per day would be approximately 31.25 boxes/hour.
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Eagle Inc. sold apparel to customers in May of 2020 for $240,000. At the point of sale, Eagle Inc. provided customers 2,400 coupons for 30% off purchases in June and July of 2020. The coupon is considered a separate performance obligation. Eagle Inc. estimates the standalone selling price of the apparel to be $240,000 and the standalone selling price of the coupons to be $36,000 ($30 estimated coupon value x 1,200 coupons expected to be redeemed). Determine the amount of revenue that Eagle would record in May for the sale of apparel, and the amount of revenue deferred for the customer options (coupon promotion).
Answer:
Eagle Inc.
The amount of revenue that Eagle would record in May for the sale of apparel is $240,000.
The amount of revenue deferred for the customer options (coupon promotion) is $0.
Explanation:
a) Data and Calculations:
Sales of apparel to customers in May 2020 = $240,000
Coupons for 30% off purchases in June and July = 2,400
Standalone selling price of the apparel = $240,000
Standalone selling price of the coupons expected to be redeemed = $36,000 (1,200 * $30)
b) The amount of revenue to record in May for the sale of apparel equals $240,000. The coupon expense of $36,000 will not be recognized by Eagle Inc. until the coupons are redeemed or used because the coupons were given to induce future purchases and not for the past purchase of apparel.
What is the impact on the accounting equation when an accounts receivable is collected?
Why is working capital management important? Give concrete examples of how companies manage their cash, receivables, inventory and payables.
Effective working capital management ensures that a company has sufficient funds to cover its short-term obligations and operate smoothly.
Liquidity: Proper management of working capital ensures that a company has enough cash and liquid assets to meet its short-term obligations, such as paying suppliers, employees, and other operating expenses. Insufficient working capital can lead to cash flow problems and jeopardize the company's operations.
Business Expansion: Adequate working capital allows businesses to seize growth opportunities, invest in new projects, or expand into new markets. It provides the necessary funds for capital expenditures, marketing campaigns, research and development, and other strategic initiatives.
Companies employ various strategies to manage their cash, receivables, inventory, and payables. Some examples include:
Cash Management: Companies can employ techniques like cash flow forecasting, cash pooling, and cash concentration to optimize cash balances, ensure sufficient liquidity, and minimize idle cash.
Receivables Management: Companies can implement credit policies, conduct credit checks, and use collection strategies to efficiently manage accounts receivable. They may offer incentives for early payment or utilize factoring services to convert receivables into immediate cash.
Inventory Management: Techniques like just-in-time (JIT) inventory, economic order quantity (EOQ), and safety stock optimization help companies minimize inventory holding costs, reduce stockouts, and improve working capital efficiency.
Payables Management: Companies negotiate favorable payment terms with suppliers, optimize payment schedules, and leverage technologies like electronic invoicing and payment systems to manage payables effectively.
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The table below shows Lanark's production possibilities.
A B C D E F
Wheat 0 180 315 405 450 468
Cars 190 181 163 127 73 0
a. If Lanark is producing 145 cars, it can produce approximately
wheat.
b. If Lanark is currently producing combination C, the cost of 90 more wheat is
(Click to select)
.
c. If Lanark is currently producing combination D, the approximate per unit cost of an additional car is
(Click to select)
. If necessary, round your answers to 1 decimal place. Remember to round 0.05 up to 0.10.
If Lanark is currently generating 145 buses, it can generate about 180 units of wheat. .
b. The cost of 90 further wheat is 90.
c. The approximate per unit cost of an fresh auto is 54.
To determine the approximate quantum of wheat Lanark can produce if it's presently producing 145 buses , we need to find the matching value in the" Wheat" column. Grounded on the given table, we can see that the values in the" buses" column drop from left to right. thus, we need to find the combination where the number of buses is closest to 145, which is combination B. In combination B, Lanark can produce roughly 180 units of wheat.
We can find the cost of 90 further wheat by comparing the wheat values between combinations C and D, If Lanark is presently producing combination C. The wheat value in combination C is 315, and the wheat value in combination D is 405.
The difference between these two values represents the fresh wheat produced when moving from combination C to combination D. In this case, the difference is 405- 315 = 90. thus, the cost of 90 further wheat is the difference between the wheat values in combination C and D, which is 90.
we can determine the approximate per unit cost of an fresh auto by comparing the auto values between combinations D and E, If Lanark is presently producing combination D. The auto value in combination D is 127, and the auto value in combination E is 73.
The difference between these two values represents the drop in auto product when moving from combination D to combination E. In this case, the difference is 127- 73 = 54.
thus, the approximate per unit cost of an fresh auto is the difference between the auto values in combination D and E, divided by the drop in auto product, which is 54/ 1 = 54.
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Indicate whether each of the following costs of an airplane manufacturer would be classified as direct materials cost, direct labor cost, or factory overhead cost: Cost Classification a. Aircraft engines b. Controls for flight deck c. Depreciation of welding equipment d. Landing gear e. Machine lubricants f. Salary of plant superintendent g. Tires h. Wages of assembly line worker
Answer:
Cost Classification :
a. Aircraft engines = direct materials cost
b. Controls for flight deck = direct materials cost
c. Depreciation of welding equipment = factory overhead cost
d. Landing gear = direct materials cost
e. Machine lubricants = factory overhead cost
f. Salary of plant superintendent = factory overhead cost
g. Tires = direct materials cost
h. Wages of assembly line worker = direct labor cost
Explanation:
direct materials cost,
This is the cost of materials directly traced to the Product manufactured.
direct labor cost,
This is the cost of factory labor directly traced to the Product manufactured.
factory overhead cost
This is the factory costs incurred not directly traced to the Product being manufactured
**100 POINTS**
What is it called when two people work together when they have a disagreement?
A. Conflict resolution
B. Growth mindset
C. Confrontation
D. Indifference
A. Conflict resolution
if 2 or more people are having a disagreement or conflict and they still work together then they are resolving their problem.
1. Suppose the Consumption function is given as C = 1500 +0.75Yd. Based on the information, please answer the following questions. A. What is Autonomous consumption? B. What is Marginal Propensity to Consume (MPC)? C. Draw the graph of consumption function? D. Calculate Marginal propensity to save (MPS)? E. Drive saving function F. Draw the graph of saving function. G. What will be saving if the disposable income is 10,000 birr?
A. Autonomous consumption is 1500.
B. MPC in this case is 0.75.C.
C.The graph of consumption function is a straight line with slope MPC and passes through 1500 on y-axis.
D. MPS in this case is 0.25.
E. S = Yd – (1500 + 0.75Yd) = 0.25Yd – 1500.
F. The graph of saving function is a straight line with slope MPS and passes through -1500 on y-axis.
G. Savings are 1750 birr when disposable income is 10,000 birr.
Given that Consumption function is C = 1500 + 0.75Yd, where C is consumption expenditure, Yd is disposable income, 1500 is autonomous consumption expenditure, and 0.75 is the marginal propensity to consume (MPC).
A. Autonomous consumption is the consumption expenditure made by households when disposable income is zero. In this case, autonomous consumption is 1500.B. Marginal Propensity to Consume (MPC) is the fraction of change in consumption expenditure resulting from a change in disposable income. MPC is equal to the change in consumption expenditure divided by change in disposable income. MPC in this case is 0.75. C. The graph of consumption function is a straight line with slope MPC and passes through 1500 on y-axis D. Marginal propensity to save (MPS) is the fraction of change in savings resulting from a change in disposable income. MPS is equal to the change in savings divided by change in disposable income. MPC + MPS = 1. Therefore, MPS in this case is 0.25.E. Saving function is given by S = Yd – C, where S is savings. Substituting C = 1500 + 0.75Yd, we get S = Yd – (1500 + 0.75Yd) = 0.25Yd – 1500.F. The graph of saving function is a straight line with slope MPS and passes through -1500 on y-axis.G. If disposable income is 10,000 birr, then consumption expenditure is C = 1500 + 0.75Yd = 1500 + 0.75(10,000) = 8250 birr. Savings are S = Yd – C = 10,000 – 8250 = 1750 birr. Therefore, savings are 1750 birr when disposable income is 10,000 birr.For more such questions on Autonomous consumption
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Tobias is the manager of a major ski resort in Colorado that is open from October through March. What best describes his terms of employment?
seasonal
full-time
self-employed
entry level
Answer: It's seasonal.
Explanation:
Cape Corp. will pay a dividend of $3.80 next year. The company has stated that it will maintain a constant growth rate of 4.5 percent a year forever.
a.
If you want a return of 15 percent, how much will you pay for the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
b. If you want a return of 12 percent, how much will you pay for the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
a) if you want a return of 15 percent, you would pay approximately $28.57 for the stock.
b) if you want a return of 12 percent, you would pay approximately 48.89$ for the stock.
To calculate the value of the stock, we can use the Gordon Growth Model, which is a method for valuing a stock based on its expected dividends and the required rate of return.
a. If you want a return of 15 percent, the value of the stock can be calculated as follows:
Dividend next year = $3.80
Growth rate = 4.5%
Required rate of return = 15%
Using the Gordon Growth Model formula:
Stock Value = Dividend next year / (Required rate of return - Growth rate)
Stock Value = $3 ÷ (15% - 4.5%)
Stock Value = $3 ÷ 10.5%
Stock Value ≈ $28.57
Therefore, if you want a return of 15 percent, you would pay approximately $36.19 for the stock.
b. If you want a return of 12 percent, the calculation is similar:
Dividend next year = $3.80
Growth rate = 4.5%
Required rate of return = 12%
Using the same formula:
Stock Value = Dividend next year / (Required rate of return - Growth rate)
Stock Value = $3 ÷ (8% - 4.5%)
Stock Value = $3 ÷ 3.5%
Stock Value ≈ 48.89$
Therefore, if you want a return of 12 percent, you would pay approximately 48.89$ for the stock.
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At a movie theater box office, all tickets are sequentially prenumbered. At the end of each day, the beginning ticket number is subtracted from the ending number to calculate the number of tickets sold. Then, ticket stubs collected at the theater entrance are counted and compared with the number of tickets sold. Which of the following situations does this control detect?
a. Some customers presented tickets purchased on a previous day when there wasn't a ticket taker at the theater entrance (so the tickets didn't get torn.)
b. A group of kids snuck into the theater through a back door when customers left after a show.
c. The box office cashier accidentally gives too much change to a customer.
d. The ticket taker admits his friends without tickets.
You plan to visit Geneva, Switzerland in three months to attend an international business conference. You expect to incur the total cost of SF 5,000 for lodging, meals and transportation during your stay. As of today, the spot exchange rate is $0.60/SF and the three-month forward rate is $0.63/SF. You can buy the three-month call option on SF with the exercise rate of $0.64/SF for the premium of $0.05 per SF. Assume that your expected future spot exchange rate is the same as the forward rate. The three-month interest rate is 6 percent per annum in the United States and 4 percent per annum in Switzerland.
Required:
a. Calculate your expected dollar cost of buying $F5,000 if you choose to hedge by a call option on SF.
b. Calculate the future dollar cost of meeting this SF obligation if you decide to hedge using a forward contract.
c. At what future spot exchange rate will you be indifferent between the forward and option market hedges?
d. Illustrate the future dollar cost of meeting the SF payable against the future spot exchange rate under both the options and forward market hedges.
Answer:
A. 3403.75 dollars
B. 3150
C. 0.579
D. Is an attachment
Explanation:
A. We first find the premium cost
= 0.05x5000 x 1+0.06/4
= 250x1.015
= 253.75
From here we find expected dollar cost
= Exchange rate x units + premium
= 0.63x5000+253.75
= 3,403.75 dollars
B. Forward rate = 0.63
Total cost of dollar
= 0.63x5000
= 3150
C. The investor would be indifferent at 0.579
Forward rate = unit * future + premium
3150 = 5000 * future + 253.75
3150-253.75 = 5000*future
We solve and divide through by 5000
Future = 0.579
D is in the attachment
The expected dollar cost of buying $F5,000 through the call option is $3403.75.
The first thing to do is to calculate the premium cost. This will be:
= (5% × 5000) × (1 + 6%/4)
= (0.05 × 5000) × (1 + 0.06/4)
= 250 × 1.015
= 253.75
The expected dollar cost will be:
= Exchange rate × Number of units + Call premium cost
= 0.63 × 5000 + 253.75
= 3403.75
The future dollar cost of meeting this SF obligation will be calculated thus:
= Forward rate × Number of units
= 0.63 × 5000
= $3150
The future spot exchange rate that the person will be indifferent will be:
= (3150 - 253.75) / 5000
= $0.579
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Peterson Company's general ledger shows a cash balance of $7,420 on May 31. May cash receipts of $1,290, included in the general ledger balance, are placed in the night depository at the bank on May 31 and processed by the bank on June 1. The bank statement dated May 31 shows an NSF check for $170 and a service fee of $60. The bank processes all checks written by the company by May 31 and lists them on the bank statement, except for one check totaling $1,900. The bank statement shows a balance of $7,800 on May 31. Prepare a bank reconciliation to calculate the correct ending balance of cash on May 31.
Answer:
The correct ending balance of cash on May 31 is $7,190
Explanation:
The bank reconciliation can be prepared as follows:
Peterson Company
Bank Reconciliation
At May 31
Particulars $
Bank statement balance at May 31 yet to be reconciled 7,800
Add:
Cash deposited on May 31 yet to be credited 1,290
Less:
Outstanding check (1,900)
Adjusted bank statement balance at May 31 7,190
Peterson Company
Bank Reconciliation
At May 31
Particulars $
Cash book balance yet to be reconciled 7,420
Less:
NSF check (170)
Service fee (60)
Adjusted cash balance at May 31 7,190
Since in each of the Adjusted bank statement balance at May 31 and the Adjusted cash balance at May 31 is equal to $7,190, it implies that the correct ending balance of cash on May 31 is $7,190.
he statement, “I have always wanted to work for your company,” demonstrates how an applicant can benefit the employer. Please select the best answer from the choices provided
The statement, “I have always wanted to work for your company,” demonstrates how an applicant can benefit the employer is false.
What is application as a worker?An application for employment is a typical business form that contains questions that employers think pertinent. It is employed to select the most qualified applicant for a certain position inside the business.
The claim that an applicant can get something from the employer by saying, "I have always wanted to work for your company," is untrue.
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complete question;
The statement, “I have always wanted to work for your company,” demonstrates how an applicant can benefit the employer. Please select the best answer from the choices provided
a. True
b. False
9. A Japanese car manufacturer built a factory in the United
States, It did so to reduce shipping and other costs. Make a list
of who will benefit and who will not benefit from this factory.
Answer:
Se benefician los estado unidenses porque no tienen que pagar más por el coche, también porque al abrir una fábrica pueden llegar a crear más de 5.000 puestos de trabajo. Y los japoneses no salen beneficiados porque la empresa que lleva los coches de Japón a estados unidos seguramente sea japonesa y también los trabajadores japoneses pierden trabajo
Explanation:
Logan, a 50% shareholder in Military Gear Incorporated (MG), is comparing the tax consequences of losses from C corporations with losses from S corporations. Assume MG has a $116,000 tax loss for the year, Logan's tax basis in his MG stock was $158,000 at the beginning of the year, and he received $83,000 ordinary income from other sources during the year. Assuming Logan's marginal tax rate is 24 percent, how much more tax will Logan pay currently if MG is a C corporation compared to the tax he would pay if it were an S corporation?
Answer:
$13,920
Explanation:
Calculation to determine how much more tax will Logan pay currently if MG is a C corporation compared to the tax he would pay if it were an S corporation
First step is to calculate what Logan's pay, if MG is a C corporation
Logan's pay, if MG is a C corporation =($83,000*24%)
Logan's pay, if MG is a C corporation = $19,920
Second step is to calculate Logan's pay, if MG is a S Corporation
Logan's pay, if MG is a S Corporation =[($83,000-$58,000)*24%]
($116,000*50% = $58,000)
Logan's pay, if MG is a S Corporation=$6,000
Now let calculate how much more tax will Logan pay currently
Logan pay currently = ($19,920-$6,000)
Logan pay currently = $13,920
Therefore how much more tax will Logan pay currently if MG is a C corporation compared to the tax he would pay if it were an S corporation will be $13,920
Any four principles of administrative management theory
Answer
Fayol's administrative management theory can be described as an approach to management and increasing productivity by emphasizing organizational structure and human behavior. Fayol's theory is grounded in the five functions that represent management: planning, organizing, command, coordination, and control.
Answer:
Explanation:
Here are four principles of administrative management theory:
1- Scalar Chain: The principle of scalar chain emphasizes the formal chain of command within an organization. It establishes a hierarchical structure where authority flows from top to bottom. It implies that each subordinate should have a clear line of communication with their superior and that messages or instructions should pass through the established chain.
2- Unity of Command: The principle of unity of command states that an employee should receive orders and be accountable to only one superior. This ensures clarity and avoids confusion or conflicts arising from multiple authorities giving contradictory instructions.
3- Unity of Direction: The principle of unity of direction emphasizes the need for a clear and unified direction for the organization. It implies that all activities and efforts should align with the overall goals and objectives of the organization. This principle helps to avoid fragmentation and ensures that everyone is working towards a common purpose.
4- Span of Control: The principle of span of control refers to the number of subordinates that a manager can effectively supervise. It suggests that there should be a balance between a manager's span of control and their ability to provide adequate supervision, guidance, and support to their subordinates. A narrow span of control allows for closer supervision, while a wider span of control enables greater efficiency by reducing layers of management.
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Smiling Elephant, Inc., has an issue of preferred stock outstanding that pays a $5.70 dividend every year, in perpetuity.
If this issue currently sells for $80.45 per share, what is the required return? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
The required return for the preferred stock is approximately 7.08%.
To calculate the required return for the preferred stock, we can use the dividend discount model (DDM). The DDM formula is:
Required Return = Dividend / Current Stock Price
In this case, the preferred stock pays a dividend of $5.70 per year and is currently selling for $80.45 per share. Plugging these values into the formula, we get:
Required Return = $5.70 / $80.45 ≈ 0.0708
To convert this decimal to a percentage, we multiply by 100:
Required Return ≈ 0.0708 × 100 ≈ 7.08%
Therefore, the required return for the preferred stock is approximately 7.08%.
This indicates that investors expect to earn a 7.08% return on their investment in Smiling Elephant, Inc.'s preferred stock, given the current market price and the annual dividend payment.
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______segmentation has long been used by the marketers of products and services
such as automobiles, boats, clothing.cosmetics, financial services, and travel.
a. Behavioral
b. Age
C Gender
d. Income
Gender segmentation has long been used by the marketers of products and services such as automobiles, boats, clothing.cosmetics, financial services, and travel. The correct option is c.
a. Behavioral Segmentation:
Behavioral segmentation divides customers based on their behavior, usage patterns, and buying habits. It helps marketers understand customers' preferences, loyalty, purchase frequency, and responses to marketing efforts.
This type of segmentation allows marketers to tailor their offerings and marketing messages to specific customer behaviors and needs. For example, in the automobile industry, behavioral segmentation can be used to target customers who frequently upgrade their vehicles or those who prioritize fuel efficiency.
b. Age Segmentation:
Age segmentation categorizes customers into different age groups. This segmentation variable recognizes that different age groups have distinct preferences, lifestyles, and purchasing power.
Marketers use age segmentation to target products and services that align with the needs and desires of specific age demographics. For instance, clothing companies may create separate marketing campaigns to target teenagers, young adults, and middle-aged individuals, each catering to their unique fashion preferences.
c. Gender Segmentation:
Gender segmentation involves dividing customers based on their gender, recognizing that men and women often have different preferences and needs.
Marketers use gender segmentation to create targeted marketing messages and product offerings that appeal specifically to male or female customers. For instance, cosmetic companies may develop separate product lines and marketing strategies for men and women, focusing on their respective beauty needs and preferences.
d. Income Segmentation:
Income segmentation groups customers based on their income levels. It enables marketers to understand the purchasing power and affordability of different customer segments.
By targeting customers based on their income, marketers can tailor their pricing, promotions, and product offerings accordingly. For instance, financial services companies may offer premium banking services to high-income individuals, while providing budget-friendly options for customers with lower incomes. The correct option is c.
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Which of the following is a primary difference between a privately held corporation in a public corporation?
Be more specific, we don't know what the "following options are"
The __________ strategy involves deciding what goods and services the firm should offer to a group of consumers and also making decisions about customer service, brand name, packaging, labeling, product life cycles and new product development.
Answer:
a. trate
Explanation:
some trate is so much good then trote so yeah
Questionl G1 1. Various options are provided as possible answers to the following questions. Write down the question number choose the answer (e.g. 1.1. B). Choose the correct letter with the correct answer. For example, 1.1 E 1.1 An increase in the price of a product will lead to a/an... demanded. A. Increase in supply B. Increase in demand C. Decrease in quantity. D. Increase in quantity 1.2 A table that shows the quantity of goods and services bought at a different prices. A. Demand schedule. B. Demand curve. C. Supply curve. D. Quantity demanded. occurs when producers are willing and able to produce 1.3. A(n) a greater quantity of an item or service at each price. A. Increase in supply. B. Increase in demand. C. Decrease in demand. D. Decrease in supply 1.4. According to the law of demand, there is a between price and quantity demanded. A. Positive. B. Direct. C. Negative. D. Non-existing relationship (4x2)(8)
The answrs to the questions are"
1.1 B - Increase in demand1.2 A - Demand schedule1.3 D - Decrease in supply1.4 C - NegativeHow to answer the questions
1.1 - An increase in the price of a product will lead to a/an... demanded.
The correct answer is B. Increase in demand.
Explanation: When the price of a product increases, it typically leads to a decrease in the quantity demanded, not an increase. This is because consumers tend to buy less of a product as its price rises.
1.2 - A table that shows the quantity of goods and services bought at different prices.
The correct answer is A. Demand schedule.
Explanation: A demand schedule is a table that lists the various quantities of a good or service that consumers are willing to purchase at different price levels.
1.3 - A(n) a greater quantity of an item or service at each price.
The correct answer is D. Decrease in supply.
Explanation: A decrease in supply means that producers are willing and able to produce a lesser quantity of an item or service at each price level.
1.4 - According to the law of demand, there is a between price and quantity demanded.
The correct answer is C. Negative.
Explanation: The law of demand states that as the price of a product increases, the quantity demanded by consumers decreases, and vice versa. This inverse relationship between price and quantity demanded is negative.
(4x2)(8) - This is an arithmetic expression and not directly related to the previous questions. The expression simplifies to 64, which is the result of multiplying 4 by 2 and then multiplying the result by 8.
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Relative to a competitively organized industry, a monopoly Group of answer choices produces more output and charges a higher price. produces less output and charges a higher price. produces more output and charges a lower price. produces less output and charges a lower price.
Answer:
A higher-priced less output
Explanation:
A monopoly has full rain on a certain item in the country or state, for example we have a sort of diamond monopoly, There are so many diamonds in the world but they choose to only produce a small amount for jewlery or other such things to drive the price up.
Please for future reference when typing out a multiple choice question type it in the
- one
- two
- three
format. That is so we can better help you!
Madison Corporation's production cycle starts in the Processing Department. The following information is available for April: Units Work-in-process, April 1 (25% complete) 50,000 Total units in process during April 290,000 Work-in-process, April 30 (60% complete) 30,000 Materials are added at the beginning of the process in the Processing Department. What are the equivalent units of production for the month of April, assuming Madison uses the weighted-average method
Answer:
Equivalent units of production= 278,000
Explanation:
Giving the following information:
Total units in process during April 290,000
Work-in-process, April 30 (60% complete) 30,000
The weighted average method blends the costs and units of the previous period with the costs and units of the current period.
To calculate the equivalent units, we need to use the following formula:
Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production
Equivalent units of production= (290,000 - 30,000) + 30,000*0.6
Equivalent units of production= 278,000
Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next 7 years because the firm needs to plow back its earnings to fuel growth. The company will then pay a dividend of $14.25 per share 8 years from today and will increase the dividend by 6 percent per year thereafter.
If the required return on this stock is 14 percent, what is the current share price?
The current share price of Metallica Bearings, Inc. is approximately $178.125.
To determine the current share price of Metallica Bearings, Inc., we can use the dividend discount model (DDM) which calculates the present value of future dividends.
Given:
No dividends will be paid for the first 7 years.
Dividend per share after 8 years will be $14.25.
Dividend growth rate after 8 years is 6% per year.
Required return is 14%.
To calculate the current share price, we need to find the present value of all future dividends.
Step 1: Calculate the present value of the dividends after 8 years and beyond:
Dividend in year 8 = $14.25
Dividend growth rate = 6%
Required return = 14%
Present value of dividends after 8 years = Dividend in year 8 / (Required return - Dividend growth rate)
PV of dividends after 8 years = $14.25 / (0.14 - 0.06) = $14.25 / 0.08 = $178.125
Step 2: Calculate the present value of dividends for the first 7 years (which is zero):
Since there are no dividends in the first 7 years, their present value is zero.
Step 3: Calculate the present value of the current share price:
Present value of the current share price = Present value of dividends after 8 years + Present value of dividends for the first 7 years
Current share price = $178.125 + $0 = $178.125
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WHAT IS Segmentation,
Answer:
Segmentation is to divide something into separate parts or sections
It was established in 1971 as the only newspaper in the country. At the time, the company had virtually no competition. It had a strong financial base with many readers cut across the length and breadth of the country. It was able to engage the best of journalists to work for the brand, a development which has made the company extremely formidable thus, it became a household name.
After 50 years in operation as a media enterprise, the board of APPOT Communications Group Limited (ACGL) is faced with a lot of competition from online news portals, the proliferation of radio and television networks as well as new newspapers that hit the stands on a daily basis.
This development has affected the market share of APPOTS Communications Group Limited. From 90 per cent, today, the market share of the company has dropped to just about 43 per cent and still falling.
As the new Managing Director of the company, your task is to turn around the business to restore it to its former glory.
Indicate the relevance of PESTLE analysis as a framework to analyse some of the key factors that can influence the strategic plan of the company going forward.
PESTEL Analysis-
PESTEL Analysis provides the strategic framework for the analysis of all components which have impact on the functioning of the business.
According to the given case, Market share of the media company has reduced from 90% to 43%. As the new Managing Director of the company, my task is to turn around the business to restore it to its former glory. For this, we have to analyse the PESTEL Analysis of the company which is as follows-
1. Political Analysis- There is a impact of political parties , their policies , rules and regulations on every company. On media industry, there is a huge impact of the political parties as media demand news and there is a flood of news of political parties. As if my company will focus on the upcoming topics of the political party, then we will provide the latest news to our customer and will be able to beat our competitor and can increase their market share back to 90% from 43%.
2.Economic Analysis- Economic components includes fiscal policy, taxation policy, monetary policy etc. These have impact on the functioning of the business of media industry also.
3. Social Analysis- This factor constitutes demographic component. Media industry should provide news of such type which can focus on the demographic dividend. Like- Age composition, Gender-composition, income, interest, their needs, purchasing power. What is the interest of different segments of society in what kind of topic that a media industry should focus on to increase its market share.
4. Technological Analysis- Technology is an application of scientific knowledge to the practical task. Various technologies and up gradations have impact on the business scenario. Research and Development, innovation etc provides various opportunities to the business. Online platform is the result of technological innovation. This provide better opportunity to media-user like they can have information and news on different apps on their phones.
5. Environmental Analysis- Environment means scanning. It is the combination of various micro and macro factors which affects the functioning of the business. These have impact on the strategic framework of the business for the development of counter strategies to beat the competitor.
6. Legal Analysis- Legal factors pertain to any legal forces that define what a business can or cannot do.
Legal factors include the following:
Industry Regulation
Licenses & Permits
Intellectual Property:
Nadia has put several signposts in her team's presentation. What is MOST likely one of the signposts she included?
OA.
B.
OC.
D.
To summarize: gas prices and cleaning costs are affecting our business.
Gas prices and costs of cleaning services are increasing drastically.
Now that we've talked about gas prices, let's turn to cleaning costs.
What should we do to lower cleaning costs for our organization?
Nadia has put several signposts in her team's presentation. The most likely one of the signposts she included is "Now that we've talked about gas prices, let's turn to cleaning costs." The correct answer is option c.
This is because signposts are words or phrases that speakers use to let their audience know where they are in their presentation or speech. Signposts also help speakers to smoothly move from one idea to another while also helping the audience to follow along.Some common examples of signposts include:To beginwithFirst,Secondly Next Additionally Moreover Furthermore In addition In conclusion Therefore Thus As a result .
So, in the given options, "Now that we've talked about gas prices, let's turn to cleaning costs" is the most likely signpost that Nadia included because it shows the transition from one topic to another topic. Therefore, the correct answer is option C: "Now that we've talked about gas prices, let's turn to cleaning costs."
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1. A deposit of $100,000 is made to an investment account today. At the end of each of the next four years, $5000 must be paid out to a beneficiary, and the account liquidated at the end of year four. If the liquidation value is $100,000 the account has earned an annual internal rate of return of
Answer: 5%
Explanation:
Use an Excel worksheet to determine the internal rate of return:
Investment or Cost = $100,000. This will be negative in the computation.
Cashflow = $5,000 per year
Fourth year cashflow = 5,000 + liquidation value = $105,000
IRR = 5%
Poulter Corporation will pay a dividend of $4.15 per share next year. The company pledges to increase its dividend by 6.25 percent per year, indefinitely.
If you require a return of 9 percent on your investment, how much will you pay for the company’s stock today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
You should pay $46.11 for Poulter Corporation's stock today to achieve a 9 percent return on your investment, considering the expected dividend growth rate of 6.25 percent per year indefinitely.
To determine the price you should pay for Poulter Corporation's stock today, you need to calculate the present value of its infinite stream of dividends.
Since the company pledges to increase its dividend by 6.25 percent per year indefinitely, the dividends can be considered a perpetuity.
The formula for the present value of a perpetuity is:
PV = D / r
Where PV is the present value, D is the dividend payment, and r is the required return.
Given that the dividend next year is $4.15 per share and the required return is 9 percent, we can calculate the present value as follows:
PV = $4.15 / 0.09 = $46.11
Therefore, you should pay $46.11 for Poulter Corporation's stock today to achieve a 9 percent return on your investment, considering the expected dividend growth rate of 6.25 percent per year indefinitely.
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