Since a multinational corporation conducts business in several different currencies, the cost of foreign exchange transactions adds another layer of complexity to the cash management process within the MNC.
Establish Effective Accounts Process for collecting receivables: Any company's balance statements will have a sizable chunk devoted to receivables. Especially if you are the manager of a B2B company, the money you are due may remain in the receivables stage for months.
Utilize Payment Terms: Making use of payment terms and understanding when bills are due can help you keep money in your bank account for longer and avoid potential cash flow problems while your company waits for payment from clients.
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the supply of aged cheddar cheese is inelastic, and the supply of bread is elastic. both goods are considered to be normal goods by a majority of consumers. suppose that a large income tax increase decreases the demand for both goods by 10 percent. refer to scenario 5-2. the equilibrium price will
The equilibrium price will decrease in both the aged cheddar cheese and bread markets.
While bread's supply is elastic, aged cheddar cheese's supply is inelastic. Both items are typical items. The demand for both commodities is lowered by 10% as a result of the income tax. The price will decrease as a result of the decline in demand for items.
In this situation, the supply elasticity will not have an impact on the price change. Only the equilibrium quantity will be impacted by supply elasticity.
Compared to cheese, which has an inelastic supply, bread's supply will decline more than cheese's since its supply elasticity is higher
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bookworm corporation maintains ending inventory for each month at 5% of the following month's sales. it predicted the following sales (in units) for the first four months of the coming year: january february march april sales (units) 2,000 2,400 3,000 2,800 how many units should be produced in march?
2990 units should be produced in march as the ending inventory. for sales.
What is inventory in economics?All the goods, merchandise, and supplies that a company keeps on hand in anticipation of selling them for a profit are referred to as inventory. Example: Only the newspaper will be regarded as inventory if a newspaper vendor utilises a vehicle to distribute newspapers to clients. The car will be considered an asset. Raw materials, also known as any resources used to manufacture finished items, work-in-progress (WIP), and finished goods, or those that are prepared for sale, are the three main types of inventory. Inventory is an accounting word for products that are being prepared for sale at different stages
Hence, 2990 units should be produced in march as the ending inventory. for sales.
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case 4: raymond and corey are talking in the hallway about the employee benefits program. corey, who has had some recent financial trouble, explains to raymond how the benefits program has a loophole that will allow him to receive some financial assistance that he really needs to help pay health care costs for his mother. catherine, a fellow worker, overhears the conversation. later, catherine is approached by her supervisor who says he heard a rumor that some people were taking advantage of the company benefits program.
The employee benefit program are meant for providing financial employees well-being but not for getting out more money.
1) Conway and Richard are debating and looking for ways to maximize their access to company advantages, which raises an ethical dilemma.
2) 2. Conway's mother's health, the workers' own health, and the possibility that the business would lose money due to the "loophole" are the elements that have the biggest impact on the situation.
Conway and Richard are discussing the employee benefit program in the hallway. Conway, who has recently struggled financially, explains to Richard how the employee benefits program has a flaw that would enable him to get the financial support he actually needs to help pay for his mother's medical costs. A coworker called Cathy notices the conversation. Later, Cathy's manager approaches her and claims to have heard a story about certain individuals "taking advantage of the employee benefit program."
The complete question is here:
raymond and Corey are talking in the hallway about the employee benefits program. Corey, who has had some recent financial trouble, explains to raymond how the benefits program has a loophole that will allow him to receive some financial assistance that he really needs to help pay health care costs for his mother. Catherine, a fellow worker, overhears the conversation. later, Catherine is approached by her supervisor who says he heard a rumor that some people were taking advantage of the company benefits program.
1) Identify the ethical issue or problem?
2) List the facts that have the most bearing on the decision.
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which of these does not occur when people act as part of a group? they feel less accountable. they underestimate their own contributions. they view their contributions are dispensable. they take advantage of others' efforts.
They underestimate their own contributions these do not occur when people act as part of a group.
When you underestimate someone, you don't know what they are capable of. I think a lot of people still underestimate him. Synonyms: underestimate, underestimate, belittle, undersell [unofficial] Any other synonym for an underestimate.
One of the best ways to deal with critics who underestimate you is to show them that you are successful in what they underestimate you. If someone underestimates you, ignore it and focus on accomplishing the tasks you are working on. This is a great way to use their underestimation of you as motivation.
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a few years ago, michael purchased a home for $328,000. today the home is worth $304,000. his remaining mortgage balance is $64,000. assuming michael can borrow up to 80 percent of the market value of his home, what is the maximum amount he can borrow?
Maximum loan available = $179,200 80 % × $304,000 = $ 243,200 (-) Outstanding Loan = $64,000 =$179,200
The maximum amount he can borrow is $179,200.
What is a loan?
The lending of money by one or more people, businesses, or other entities to other people, businesses, or other entities is known as lending in the world of finance. The recipient, or borrower, incurs a debt and is often responsible for paying interest on that loan until it is returned in addition to the primary amount borrowed.
The promissory note or equivalent document used to prove the obligation will often include information such as the principle amount borrowed, the interest rate being charged by the lender, and the due date. The relevant asset(s) will be temporarily reallocated between the lender and the borrower as part of a loan.
Lenders are encouraged to make loans because of the interest they get. Each of these responsibilities and limitations is enforced by contract in a legal loan, and the borrower may also be subject to additional limitations known as loan covenants. Although this article focuses on financial loans, in reality, any tangible item might be lent.
One of the key roles played by financial organisations like banks and credit card firms is that of loan providers. Bonds and other debt contracts are a common source of finance for other entities.
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a few years ago, michael purchased a home for $328,000. today the home is worth $304,000. his remaining mortgage balance is $64,000. assuming michael can borrow up to 80 percent of the market value of his home, what is the maximum amount he can borrow?
, plus a capital gain, g, for a total expected return. in -select- , this expected return is also equal to the required return. it's easy to calculate the dividend yield; but because stock prices fluctuate, the yield varies from day to day, which leads to fluctuations in the dcf cost of equity. also, it is difficult to determine the proper growth especially if past growth rates are not expected to continue in the future. however, we can use growth rates as projected by security analysts, who regularly forecast growth rates of earnings and dividends.
The dividend yield is a financial measure that measures the number of cash dividends paid out to shareholders compared to the market value per share.
What is dividend yield?Dividend Yield, expressed as a percentage, is a financial indicator that indicates how much a company pays in dividends relative to its share price each year.Dividend yield, expressed as a percentage, is the amount a company pays shareholders to own shares divided by the current share price.Older companies are most likely to pay dividends.Companies in the utilities and consumer goods industries often have relatively high dividend yields.Real estate investment trusts (REITs), master limited partnerships (MLPs), and business development companies (BDCs) pay above-average dividends. However, dividends from these companies are subject to higher tax rates. It is important for investors to remember that high dividend yields do not always represent attractive investment opportunities, as stock dividend yields can rise as a result of falling share prices.to know more about how to calculate dividend yield refers to
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mandarin company has 9%, 20-year bonds outstanding with a par value of $500,000 and a carrying value of $475,000. the company calls the bonds at $482,000. calculate the gain or loss on the retirement of these bonds.
If the rate paid to retire a bond is larger than the carrying quantity of bonds, the company recognizes a loss on retirement.
But if the charge paid is less than the carrying quantity of the bonds at retirement, the provider archives a reap on retirement of bonds.
What happens when a agency retires a bond?The retirement of bonds refers to the repurchase of bonds from buyers that had been until now issued. The issuer retires bonds at the scheduled maturity date of the instruments. Or, if the bonds are callable, the provider has the choice to repurchase the bonds earlier; this is some other form of retirement.
Early retirements of debt may additionally appear due to the fact a organisation has generated adequate cash reserves from operations, and the company desires to quit paying pastime on great debt.
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https://brainly.com/question/29344161#SPJ4payments for purchases are expected to be made 50% in the month of purchase and 50% in the month following purchase. the december accounts payable balance is $6,800. the expected january 31 accounts payable balance is:
The expected January 31 accounts payable balance is $ 13,710.
Opening Account Payable = $ 7,300
Payment for January Purchases = $ 12,820 * 0.50 = $ 6,410
Total = $ 13,710
Accounts Payable is the term used to describe when a business makes a credit-based purchase that must be repaid quickly. It is considered a liability and falls under the category of "current obligations." Accounts Payable is a short-term debt payment that must be made in order to stay current.
Accounts Payable is an obligation owed to a specific creditor when it places an order for products or services without making a cash payment up front, indicating that you purchased the items on credit. Accounts Payable is a term that is not just used by businesses. Accounts Payable exist for even ordinary people like you and me.
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the montana hills co. has expected earnings before interest and taxes of $8,100, an unlevered cost of capital of 11%, and debt with both a book and face value of $12,000. the debt has an annual 8% coupon. the tax rate is 34%. what is the value of the firm? you can assume that the debt is perpetual.
The value of the firm is $52,680
calculation of the firm's value
The Montana hills co. has expected earnings before interest and taxes of $8,100
Debt with both a book and face value of $12,000.
Finding the VU is the first step.
VU= [$8,100 ×(1 - .34) ] ÷.11
VU=($8,100×0.66)÷.11
VU=$5,346÷11
VU = $48,600
Let's now determine the firm's value.
VL= $48,600 + (.34 ×$12,000)
VL=$48,600+$4,080
VL= $52,680
Hence, the company's valuation will be $52,680.
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if that price ends up being the market price and if the normal rate of profit is 10 percent, then what will each firm’s accounting profit per unit be?
Each firm’s accounting profit per unit will be 3.30.
Taking answer from option c of the full question, we will compute that
[tex]\frac{0.33}{10} X 100[/tex] = 3.30
The accounting profit, sometimes referred to as net income for a corporation, is frequently referred to as the bottom line. This definition of profit is used by accountants to calculate how much money a company has generated after costs are subtracted from total revenue. The distinction between a company's overall revenue and explicit costs is known as accounting profit, often referred to as financial profit or accounting profit. One of the key sources of information utilized by investors is accounting profit, which comprises all mandatory reporting of both revenues and expenses. All selling, general and administrative, financing, and realized gains and losses are included in the total cost of goods sold.
Note that the full question is:
a. What are the firm's ATC at these three levels of production?
At 1,400 units per day, ATC = $0.43
At 1,200 units per day, ATC = $0.33
At 900 units per day, ATC = $0.42
b. If every firm in this industry has the same cost structure, is the industry in long-run competitive equilibrium?
c. From what you know about these firms' cost structures, what is the highest possible price per unit that could exist as the market price in long-run equilibrium?
d. If that price ends up being the market price and if the normal rate of profit is 10 percent, then how big will each firm's accounting profit per unit be?
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lace and abbie are two interns with cinnabon for the summer. they are asked to come up with a content marketing strategy for the brand. before deciding on what they need to create, what is the first step lace and abbie need to take?
Lace and Abbie need to first conduct a content audit to determine which assets have worked before in the field of content marketing.
Content marketing is a field of marketing which is predominantly focused on creating and publishing of unique content, used to attract, engage, and retain an audience by creating and sharing relevant articles, on various media platforms. Content audit is the mechanism in which the processing and working of the content website is looked upon, along with the graphics that can be maneuvered, and the services that the customers wish to demand from the creators. This can be done using a feedback mechanism. It is important for the content on the website to be easy to comprehend, organized, well informative and up to date.
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in addition to correcting substandard work, employees have an ethical obligation to _____ the quality problem as well.
In addition to correcting substandard work, employees have an ethical obligation to report quality problems as well.
A moral course of conduct and a line between good and wrong are defined by ethical obligations, which are a set of "ought to" norms. Workplace ethics are a set of moral norms, beliefs, and obligations that both employers and employees must uphold. All employees at the company are required to abide by this set of guidelines.
Employers put these ideals into practice to promote connections among employees and with customers. Whether or not an organization chooses to put these ethics on paper, they must be observed.
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which of the following are views new classical macroeconomists hold?
A. The economy will normally be at potential real GDP.
B. wage and price stickiness is not important for explaining fluctuations in real GDP.
C. Workers and firms have rational expectations.
D. All of the Above.
New classical macroeconomists hold The economy will normally be at potential real GDP. So, the correct answer is option A.
What is Macroeconomics?
Macroeconomics is a subfield of economics that focuses on the behaviour of the economy as a whole, including the markets, firms, customers, and governments. Macroeconomics studies trends in the economy as a whole, including inflation, price levels, economic growth rates, national income, GDP, and changes in unemployment.
Macroeconomics makes an effort to gauge an economy's performance, comprehend the factors that influence it, and forecast how it can change.
The area of economics known as macroeconomics is concerned with how the overall, or aggregate, economy is structured, performing, behaving, and making decisions.
The two primary focuses of macroeconomic research are shorter-term business cycles and long-term economic growth.
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the fuel consumption, in miles per gallon, of all cars of a particular model has a mean of 25 and a standard deviation of 2. the population distribution can be assumed as normal. a random sample of these cars is taken. a. find the probability that the sample mean fuel consumption will be fewer than 24 miles per gallon if (i) a sample of 1 observation is taken, (ii) a sample of 4 observations if taken and (iii) a sample of 16 observations is taken.
The probability indicates the likelihood of the event occurring, and it is simple to determine the probability if the data adhere to a probability distribution.
The reason for this is that the probability distribution is a set of empirically tested methods for determining how likely it is that data will follow the same pattern as the probability distribution.The normal distribution, exponential distribution, binomial distribution, poison distribution, and others are examples of empirically tested probability distributions.
If the sample size is one, the likelihood that the sample mean fuel consumption will be less than 27 miles per gallon
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As the industrial economy rapidly expanded, why was it impossible for work skills to be passed on directly from parents to children?
As the industrial economy rapidly expanded, why was it impossible for work skills to be passed on directly from parents to children occupations became more specialised.
Occupation or job, one's role in society, often a regular activity performed for payment.An occupation is a work situation had by a person who has a specific field of interest and distinct skills that benefit that field. That person could look for a job within a specific occupation, they could be interested in continuing a career in that occupation, and if the occupation requires licensing and certification, they could pursue it as a profession.
Thus,it is impossible for work skills to be passed on directly from parents to children because occupation became more specialised.So, option (c) is correct.
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Complete question:As the industrial economy rapidly expanded, why was it impossible for work skills to be passed on directly from parents to children?
a. general knowledge of physical, social, and economic environments became less important
b. industrial work became more dangerous
c. occupations became more specialized
d. abstract learning became less important
nicholas is a new licensee in an area where there are a lot of condominiums and dwellings geared toward tourism and seasonal residents. he tries to drum up business by sending faxes to dozens of condo complexes. which federal act might he be violating?
The federal act that Nicholas might be violating is Junk Fax Prevention Act of 2005.
What is the Junk Fax Prevention Act of 2005?
Junk Fax Prevention Act of 2005 - Amends the Communications Act of 1934 to prohibit using any telephone facsimile (fax) machine, computer, or other device to send an unsolicited advertisement to a person who has requested that such sender not send such advertisements, or to any other person, unless: the sender has an established business relationship with the person; the sender obtained the fax number through voluntarily communicating with the recipient; or the recipient has given the sender permission to send the advertisement; and the advertisement includes a domestic telephone and fax number (neither of which may be a pay-per-call number) for sending such a request, as well as a clear notice on its first page that the recipient may ask to stop receiving future unsolicited advertisements.
Requires the Federal Communications Commission (FCC) to state that a request to refrain from sending unsolicited advertisements complies with FCC requirements if the following conditions are met: (1) the request specifies the recipient fax number to which the request relates; the request is made to the sender's telephone or fax number; and the requester has not subsequently extended an express invitation or permission for the sending of such advertisements. enables the FCC to: grant professional tax-exempt trade associations permission to send unsolicited advertisements to their members in support of association goals; and set a time limit on existing business relationships for the purposes of this Act.
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nicholas is a new licensee in an area where there are a lot of condominiums and dwellings geared toward tourism and seasonal residents. he tries to drum up business by sending faxes to dozens of condo complexes. which federal act might he be violating?
When designing a project schedule, the ____________ of the schedule provides the level of detail for monitoring the progress of the project so that everyone has the same understanding of what must be achieved by when.
When designing a project schedule, the outline of the schedule provides the level of detail for monitoring the progress of the project so that everyone has the same understanding of what must be achieved by when.
A schedule for a design project is what?After a project has been approved, during the planning stage of the project, a design timetable is established. Compared to baseline schedule estimates, which are established prior to project approval, design schedule estimates are more thorough.
What details does the project schedule contain?According to resource availability, task dependencies, and project limitations, the project schedule is the instrument that arranges the work and resources for the project. The schedule specifies who is in charge of each task, how long each task should take to complete, and how the work is broken down at the task level.
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. if the federal reserve were to sell treasury securities as part of its open market operations, it would be most effective at resolving which of the following economic problems? a. deflation b. high unemployment c. severe recession d. high inflation
If the federal reserve were to sell treasury securities .High inflation would be most effective at resolving economic problems.
What happens when the Federal Reserve sells Treasury bonds?
The Federal Reserve buys and sells governments for the purpose of controlling the money supply and interest rates. This activity is called open market trading. In this situation, reserves will decrease and the money supply will also decrease.
What happens when the Federal Reserve sells Treasury bonds?The Federal Reserve buys and sells governments for the purpose of controlling the money supply and interest rates. This activity is called open market trading. In this situation, reserves will decrease and the money supply will also decrease.
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the main challenge for antitrust regulators is a. to figure out how to best benefit consumers. b. to facilitate privatization of government assets. c. to promote the concept of a market-oriented economy. d. to determine when a merger may hinder competition.
The main challenge for antitrust regulators is to determine when a merger may hinder competition.
What is antitrust?Antitrust laws are rules that promote competition by restricting a firm's ability to dominate the market.A merger between rivals has the potential to hurt customers in one of two ways: By allowing the merged company to raise prices profitably on its own or by (1) enabling or improving the ability of the remaining firms to act in a coordinated manner on some competitive dimension (coordinated interaction).A merger increases market share and lessens competition. As a result, the new business can establish a monopoly and raise the prices of the goods and services it offers.When two businesses merge, the stock of each is ceded, and fresh equity shares are issued for the new company. A merger or acquisition occurs when one business buys another.To learn more about antitrust refer to:
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Originated by frederick brooks, what term describes the situation that is caused by the increased complexity of communications that result from adding more people to a project?.
Communication setbacks are the term used to describe the situation that is caused by the increased complexity of communications that result from adding more people to a project.
Brooke's Law:Brooks' rule is a software project management observation that states that adding people to a software project that is behind schedule delays it even more. Fred Brooks invented the term in his 1975 book The Mythical Man-Month. According to Brooks, when an incremental person is added to a project, it takes more time, not less time.
The first thing to make is that Brooks' law only applies to projects that are already behind schedule. By bringing people in early in the process, projects may be brought back into (or kept under) control. It is also critical to establish if the project is truly late or if the initial timeline was unduly optimistic. Many late projects are the result of scheduling errors. The greatest strategy to establish a meaningful and dependable time range for the project's completion is to correct the timeline.
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what is an option in stocks
A contract known as an option grants the buyer the right, but not the duty, to purchase or sell an underlying asset (such as a stock or index) at a given price on or before a particular date (listed options are all for 100 shares of the particular underlying asset).
What is an option? Explain.An option is a contract that grants the buyer the right, but not the responsibility, to buy the underlying asset (in the case of a call) or sell it (in the case of a put) at a certain price on or before a specific date.
Options are used by people for revenue, speculation, and risk hedging.
Because they draw their value from an underlying asset, options are classified as derivatives.
A stock option contract normally entails 100 shares of the underlying stock, but other underlying assets, such as bonds, currencies, or commodities, are also acceptable.
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refer to exhibit 22-2. what quantity of output does the profit-maximizing (or loss-minimizing) firm pr
Quantity 2 of Output does the Profit-Maximizing Where Marginal cost is equal to Marginal revenue (or loss minimizing) firm produce.
Because the decision that will maximize profits for a perfectly competitive firm will be made at the output level where marginal cost equals marginal revenue, or MC = MR.
The line that both MC and MR commit to originates from different axes but lies in the same quantity is depicted in the figure above. The maximization of profits in this case requires achieving the output level where price = MR = MC.
The relationship between marginal revenue and the marginal cost of production aids in determining the point at which a rational business seeks to squeeze out as much profit as it can. When it comes to this situation, the goal is for marginal revenue to equal marginal cost.
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Complete question:
Refer to Exhibit 22-2. What quantity of output does the profit-maximizing (or loss-minimizing) firm produce?
a. Q1, where marginal cost is less than marginal revenue.
b. Q3, where marginal cost is greater than marginal revenue.
c. Q2, where marginal cost is equal to marginal revenue.
d. Q4, which maximizes the difference between marginal cost and
marginal revenue.
Compute the IRR statistic for Project E. The appropriate cost of capital is 8 percent. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Project E Time: Cash flow 0: $3,200 1: $950 2: $930 3: $820 4: $600 5: $400. IRR _______ % Should the project be accepted or rejected?
The IRR of project E given its cash flow is 5.82%.
The project should be rejected.
What is the IRR?The internal rate of return is a capital budgeting method that is used to determine if a project is profitable. Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested
IRR can be calculated using a financial calculator:
Cash flow in year 0 = -3200
Cash flow in year 1 = 950
Cash flow in year 2 = 930
Cash flow in year 3 = 820
Cash flow in year 4 = 600
Cash flow in year 5 = 400
IRR = 5.82%
The project should not be accepted because the IRR of the project is less than the cost of capital of the project.
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lina co. uses the allowance method to account for bad debts. on january 28, lina determines that a $200 balance from zrt, inc. is uncollectible and writes the balance off. the journal entry to write this balance off will include a: (check all that apply.)
The correct option of the journal entry for Lina co. uses are-
c) credit to Accounts Receivable - ZRT.
f) debit to Allowance for Doubtful Accounts.
Define the term allowance method?The allowance technique compares the sales to the projected costs or setbacks from uncollectible receivables. Our accounts receivable are listed on the balance sheet. This number is frequently off because we won't probably be capable of collecting all of them.We are aware that the allowance technique creates a provision for dubious debts as they arise, for which an entry is
Account for Bad Debts Dr.To make provision for dubious debts.And after the bad loans have been truly wiped off,
The entry will lower both the allowance and accounts receivable balances.
The journal entry will be:
Provision for Doubtful Debts Dr. : $200To the Receivables account: $200As a result, the appropriate choices are:
c) credit to Accounts Receivable - ZRT.
f) debit to Allowance for Doubtful Accounts.
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The complete question is-
Lina Co. uses the allowance method to account for bad debts. On January 28, Lina determines that a $200 balance from ZRT, Inc. is uncollectible and writes the balance off. The journal entry to write this balance off will include a: (Check all that apply.)
a) debit to Bad Debts Expense.
b) credit to Allowance for Doubtful Accounts.
c) credit to Accounts Receivable - ZRT.
d) debit to Accounts Receivable - ZRT.
e) credit to Bad Debts Expense.
f) debit to Allowance for Doubtful Accounts.
In the short-run?
a. all inputs are variable
b. some inputs are fixed and some inputs are variable
c. there are no fixed inputs
d. the firm is not restricted in how much it can produce
In the short-run some inputs are fixed and some inputs are variable. It conveys the notion that an economy behaves differently depending on how long it has to respond to certain stimuli.
The idea of the short run states that, for a specific period in the future, at least one input will be fixed while the others will be variable. The term "short run" does not refer to a specific amount of time but rather to a specific company, sector of the economy, or economic variable.
The idea of the short run and the long run is underpinned by the fundamental idea that in the short run, firms must deal with both variable and fixed costs. As a result, output, wages, and prices are constrained in their ability to reach a new equilibrium. An area where opposing forces are balanced is referred to as being in equilibrium.
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Which of the following techniques is generally used by anti-virus softwares? More than one answer may be selected.
a. searching for the specific set of data that makes up a virus signature
b. examigos for Suspicious characteristics without on exact agnature match
c. quinning all new files and software wion they are saved to a hard drive
d. quorunning all mos that are sent ty someone who is not in their contact list
The techniques is generally used by anti-virus software is searching for the specific set of data that makes up a virus signature and examigos for Suspicious characteristics without on exact agnature match. Both A and B are correct option
This is so that antivirus software can recognize potentially harmful file types on a computer and prevent them from operating. Those file types that have previously been detected as viruses are considered suspicious file types. The systems are alerted to these file kinds and clean them out. The first and second selections are the ones that are correct. A program called an antivirus product is made to find and get rid of viruses and other types of malicious software from your laptop or computer.
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13. blue has invested in supermart, inc. mr. blue purchased $5,000 worth of shares or 3% equity in the company. shortly after investing, supermart, inc. is found guilty of various civil wrongs and a judgment is entered in against the company for 3.1 million dollars. how much liability will mr. blue have?
(A) $5000 will be the limit of Mr. Blue's liability.
What is liability?According to the definition of a liability in financial accounting, a liability is an obligation an entity has to forgo future financial gains to other entities as a result of previous transactions or other past events, the resolution of which could lead to the transfer or use of assets, the rendering of services, or other future financial gains.Current liabilities: It is reasonable to predict that these liabilities will be paid off within a year. They typically consist of short-term obligations, unearned revenue from adjusting entries, portions of long-term bonds that must be repaid this year, and payables like wages, accounts, taxes, and accounts payable.Therefore, (A) $5000 will be the limit of Mr. Blue's liability.
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Complete question:
Mr. Blue has invested in SuperMart Inc. Mr. Blue purchased $5000 worth of shares or 3% equity in the company. Shortly after investing SuperMart Inc. is found guilty of various civil wrongs and a judgment is entered in against the company for 3.1 million dollars. How much liability will Mr. Blue have?
A. $5000 will be the limit of his liability
B. $93,000 or 3% of the value of the judgment
C. $0 Since Mr. Blue was not a managing officer
D. $100,000 which is the statutory minimum for investor liability
a video recording system was purchased 3 years ago at a cost of $30,000. a 5-year recovery period and ddb depreciation have been used to write off the basis. the system is to be replaced this year with a trade-in value of $5000. what is the difference between the book value and the trade-in value?
The difference between the trade in value and the book value can be found by 1480
Should I examine the market value or the book value?The balance sheet is used to determine its book value; value based on the price of its shares. A stock is undervalued if its book value is higher than its market value. A stock may be overvalued if the book value is lower. When making decisions regarding investments, book value and market value should be used in conjunction.
Given that time is three years, the initial cost is 30,000, the trade-off is 50,000, and r is five years,
The difference between the trade in value and the book value can be found by
= I(1-2/3)t-t
30000(1-2/5)3-5000
= 1480
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which of the following is a consequence of crowding out?A. Borrowing and spending related to expansionary fiscal policy will tend to push interest rates upward B. Borrowing and spending related to expansionary fiscal policy will tend to crowd foreign investors out of local markets C. Borrowing and spending related to expansionary fiscal policy will leave little government resources for essential activities such as national defense D. None of the above.
Borrowing and spending related to expansionary fiscal policy will tend to push interest rates upward as a consequence of crowding out. Therefore option A is correct.
What is fiscal policy?A fiscal policy is one in which the government uses taxation, public expenditure, and public borrowing as tools to accomplish specific economic policy goals.
Monetary and fiscal policy are the two main tools available to policymakers when they seek to affect the economy. The central banks control the monetary policy. By adjusting interest rates, bank reserve rates, the sale and purchase of government securities, and foreign exchange, the market's money supply can be managed.
Therefore option A is correct.
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When the management of a business want to show the relationships and positions within the business they create a(n) ______.
(a) hierarchy table
(b) organization chart
(c) department chart
(d) job specialization chart
When the management of a business want to show the relationships and positions within the business they create a(n) (b) organization chart.
An organizational chart is a visual representation of a company's internal structure that shows the relationships, functions, and responsibilities of each individual within the organization.
It is one method of imagining a bureaucracy. An organization's present structure can be shown visually in a corporate organizational chart.
The chart needs to show every position and how each one links to the others, regardless of the size of the company. The management function of organizing entails creating an organizational structure and assigning human resources to guarantee the achievement of goals.
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