A: a sharp increase in its forecasted sales is the most likely factor to lead to an increase in the additional funds required.
Sales forecasting is a process to express expected sales revenue. A sales forecasting method estimates how much a company plans to sell within a certain time period (like a quarter or year). The best sales forecasting performs this estimation with a high degree of accuracy.
In the given scenario where a forecasting model has been developed by Jefferson City Computers in order to estimate its AFN for the year to come; the most likely factor to lead to an increase in the additional funds required is a sharp increase in its forecasted sales.
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FILL IN THE BLANK. tasks of a database administrator (dba) include database security, tuning,___, and creation of queries and reports used to assist business decisions.
Tasks of a database administrator (dba) include database security, tuning, backup, and creation of queries and reports used to assist business decisions.
The tasks of a database administrator (DBA) generally include managing and maintaining the security, performance, and reliability of a database or databases. It ensures the database is secure and protects it from unauthorized access or data breaches. Along with this, it includes creating and implementing a plan for backing up and recovering data in case of an emergency or system failure.
The DBAs also design and implement the database structure to ensure that it is optimized for the needs of the business along with monitoring the performance of the database and making adjustments to improve efficiency and speed In addition to these specific tasks, DBAs may also be responsible for installing and configuring database software, troubleshooting problems, and providing technical support to users.
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The regulations instituted by the United States governmental organization known as the SEC make sure that managers do not misrepresent financial information and require that the accounts be audited by an independent, accredited accounting firm are also instituted in most other developed nations.
A. Ture
B. False
Robert has been the CEO at Nikita Incorporated for the last seven years. For the last three years, he has illegally diverted cash and assets to himself and his family members. He has abused corporate perks, such as using a company jet to fly to the Bahamas for a vacation and allowed his family members to use the gym and other amenities at the corporate office for free. He has spent corporate funds on vacation home in Miami, Florida and a threw a lavish New Year’s Eve party for a hundred friends. Which of the following governance mechanisms is illustrated in this scenario?
A. the takeover constraint
B. employee incentives
C. self-dealing
D. Greenmail
E. Stock options
A Ture. Managers are not allowed to falsify financial information according to the restrictions put in place by the SEC, a US government agency.
The United States Securities and Exchange Commission (SEC) is a separate federal regulatory agency entrusted with promoting capital creation, ensuring the fair and orderly operation of the securities markets, and protecting investors. It served as the first government agency to regulate the securities markets when Congress created it in 1934. The Securities and Exchange Commission (SEC) encourages full public disclosure, protects investors from dishonest business practices and market manipulation, and monitors corporate takeover activity nationwide. It also validates bookrunner registration applications submitted by underwriting firms. In general, before being offered to investors, securities offers conducted in interstate commerce, through mail, or online must be registered with the Securities and Exchange Commission (SEC).
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The new chairman of the Ionian Central Bank (ICB) is preparing for her first board meeting. She is expected to recommend a monetary policy for the board to pursue. She decides to use the Taylor rule, which was originally developed for the U.s Federal Reserv e. Ionia's potential GDP is 100 million drachma, but current GDP is 96 million. What is lonia's output gap? Ionia's output gap: Inflation is running at 2%, but the chairman considers an inflation rate of 3% to be a reasonable goal. What is lonia's inflation gap? Ionia's inflation gap The Taylor rule helps the chairman to determine the target O fed funds rate. inflation rate. discount rate. Calculate this target rate for lonia, according to the Taylor rule. target rate: The current rate is 4%, so the chairman recommends selling securities. buying securities.
According to the statistics provided, Ionia's output gap will be -4% and its inflation gap will be -1%.
Calculating the output gap and the inflation gap is required to answer the full question. The output deficit for Ionia will be:
= (Potential GDP - Current GDP) / 100
= (96 - 100) / 100
= -4%
Since the chairman believes a 3% inflation to be reasonable despite the fact that inflation is now running at 2%,
The disparity in inflation will be:
= 2% - 3% = -1%
The output and inflation gaps will therefore be -4% and -1%, respectively.
In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.
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Hondros Corporation recently went public. The firm offered 42,000 shares and received net proceeds of $18.56 per share. Hirani & Tran served as the underwriter and sold 37,000 shares to the public at an offer price of $20.63 per share. What type of underwriting was this?
Firm commitment is the type of underwriting of Hondros Corporation.
What is firm commitment underwriting?In a firm commitment underwriting, the underwriter promises to buy all securities offered for sale by the issuer, regardless of whether they can sell them to investors. The fact that it immediately guarantees the issuer's entire money makes it the most ideal contract.
An underwriting in which an investment banking firm commits to purchase and sell the entire issue of stock and takes full financial responsibility for any unsold shares. In firm-commitment underwriting, regardless of whether the syndication ultimately succeeds, one or more arrangers agree to provide a borrower with the entire amount of multilateral financing before organizing and syndicating the financing.
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during 2021, jason and vicki hurting, who are married with two children and filing jointly, had the following tax information. jason owns a cash-basis landscaping business, and vicki works as a sales executive for a manufacturing business. jason (ssn 412-34-5670) and vicki (ssn 412-34-5671) reside at 123 bate street, bright, al 36116. both children are under the age of 17: jason jr. (412-34-5672), date of birth 7/20/13 catlin (412-34-5673), date of birth 1/08/17
The correct answer is assets here are elected under section 179.
What is section 179?Instead of capitalization and depreciating the item, business owners can receive an instant expenditure deduction under Section 179 of the U.S. Internal Revenue Code for purchases of depreciable business equipment.
If the piece of equipment is acquired or financed and the entire purchase price qualifies for the deduction, the Section 179 deduction may be taken.
The list of eligible expenses is restricted to things like cars, office supplies, industrial gear, and computers.
For business owners who are investing in beginning equipment, this quick deduction can offer significant tax relief.
The equipment must meet the requirements of Section 179 of the Tax Code, and the purchase price must fall within the ranges of dollars permitted by the Code.
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Multiple Choice Question Yates Co. uses the allowance method to account for bad debts. At the end of the period, Yate's unadjusted trial balance shows an accounts receivable balance of $10,000; allowance for doubtful accounts balance of $400 (credit); and sales of $500,000. Based on history Yates estimates that bad debts will be 1% of sales. The entry to record estimated bad debts will include a debit to bad debts expense in the amount of $5,000 $1,400 O $600 $4.500 O $5.400 Need help? Review these concept resources. Reading
The entry to be recorded will include a bed debt expense $5000 when there is a sale of $500,000 and bad debts will be of 1% of sales.
"Bad debt is the debt which cannot be recovered. Bad debts are known as those outstanding balances or loans that can not be considered as recoverable and must be written off."
Yates trial balance shows an receivable account balance of $10,000 which has an credit allowance of $400.
Sales of Yates = $500,000
Bad debts on sales = 1%
The expense of bad debts
= $500,000×1%
= $500,000×0.01
=$5000
Hence, the amount of expense for bad debts is $5000
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gap analysis is a method for examining and evaluating how a process works currently in order to get where you want to be in the future. t/f
In order to get to where you want to go in the future, gap analysis is a way for reviewing and evaluating how a process now operates. True
Businesses use gap analysis to compare their current performance to what is intended and anticipated. This assessment is carried out to determine whether a company is satisfying customer expectations and wisely allocating its resources.
Gap analysis is frequently used to manage different project sections with data. This is important since a gap analysis can show you any flaws that need to be strengthened. Long-term, it will be simpler to quantify or identify them, which will aid in the creation of changes.
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which of the following is the element of a s.m.a.r.t. goal that establishes when the objective or goal should be completed?
The element of a SMART goal that establishes when the objective or goal should be completed is timely. (Option D)
Goals are components of every aspect of business/life which offer a sense of direction, motivation, a clear focus, and clarify importance. SMART goals refer to a best practice framework for devising goals. SMART is an acronym which stands for Specific, Measurable, Achievable, Realistic, and Timely. The element of SMART goal that defines when the goal or objective should be completed is timely. Goals must be time-bound such that they must have a start and finish date. Goal’s time-constraints create a sense of urgency and, therefore, leads to higher motivation to achieve the goal.
Note: The question is incomplete as it is missing options which A) Specific B) Attainable C) Measurable D) Timely
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What is the difference between a material breach and an immaterial breach?
A material breach results in damages to the non-breaching party, while an immaterial breach is minor.
A material breach is one that makes the contract commercially impracticable for the non-breaching party.
A material breach is one that affects more than 50% of the product of the contract.
A material breach is one for which remedies are not spelled out in the contract, while remedies for an immaterial breach are specified.
The difference between a material breach and an immaterial breach is A material breach results in damages to the non-breaching party, while an immaterial breach is minor. Option A
What is an immaterial breach?Generally, A major breach causes the party that was not in violation to suffer damages, whereas an immaterial breach is considered to be of a small nature.
A breach that renders the contract impossible to fulfill from a business perspective for the party that has not breached it is considered a serious breach.
A violation of a contract that affects more than half of the agreed-upon product is considered to be a serious breach.
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entries that are made to reverse the effects of certain adjustments are called entries. multiple choice question. reversing closing adjusting
Reversing entries are entries that are made to reverse the effects of certain adjustments.
What is the significance of reversing entries?After the previous reporting period has been closed, reversing entries are made. These are undertaken to reduce out of cycle accruals that were essential to accurately report the accounts on the trial balance. After the previous reporting period has been closed, reversing entries are made. These are carried out to eliminate out-of-cycle accruals that were required to properly report the accounts on the trial balance. Reduces accounting errors: You can use reversing entries at the start of an accounting period to automatically delete adjusting entries from the previous one. It reduces the possibility of recording duplicate expenses and revenues in the general ledger and other financial statements. Reversing entries are used by business owners to cancel out journal entries made in the prior accounting period. Reversing entries are used in accrual accounting, which records revenue and costs as they are earned and incurred rather than only when cash is involved.
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when a company needs to reduce its production of hazardous waste, the pollution-prevention hierarchy strategy would encourage which of the following to be done first?
When a company needs to reduce its production of hazardous waste, the pollution-prevention hierarchy strategy would encourage reducing the amount of waste produced at the manufacturing site to be done first. Therefore, the option A holds true.
The process of pollution prevention is considered as an extremely important step if the company intends to decrease the production of hazardous waste, which is formed during the process of manufacturing of its products. A proper and an effective strategy is to be made in this regard.
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Under the U.S. method of translation procedures, if the financial statements of the foreign subsidiary of a U.S. company are maintained in U.S. dollars:
O translation is not required.
O translation is accomplished through the temporal method.
O the translation method to be used is not obvious.
O translation is accomplished through the current rate method.
A
Option A is correct. Under the U.S. method of translation procedures, if the financial statements of the foreign subsidiary of a U.S. company are maintained in U.S. dollars translation is not required.
Fundamentally, translation is the process of conveying a written text's meaning from one language to another. While the translator will only use one methodology to translate the entire text, there are a variety of methods that can be applied to specific words and phrases. The translator can accurately transmit each linguistic aspect by carefully selecting the appropriate technique.
When words or expressions are directly copied from the original text and then translated into the target language, this is called borrowing. This method can help to preserve the cultural context of the source material and is frequently employed when there is no equivalent in the target language, such as with food or clothing. Each word is translated verbatim when utilizing a literal translation.
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FILL IN THE BLANK the act of congress that requires the chief executive officers of publicly held companies to certify in writing that their companies' annual financial reports do not contain any false statements or omissions is called the_____ act
The Sarbanes-Oxley Act is a piece of legislation passed by Congress that holds chief executive officials of publicly traded firms accountable for any misleading assertions or omissions.
The Sarbanes-Oxley Act does what?Sarbanes-Oxley 2002 Act, a piece of federal legislation, set strict financial and auditing criteria for organizations with publicly listed stock. Legislators passed the Act to help protect investors, laborers, and the wider public from accounting errors and unethical accounting functions.
Who is Sarbanes-Oxley affecting?While the majority of Sarbanes-requirements Oxley's only pertain to publicly traded firms, two of them—forbidding retaliation against whistleblowers and instead prohibiting the deletion, alteration, or concealing of specified records or the obstruction of studies to nonprofit organizations.
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A(n) ________ is a pronounced modification to an existing product that requires a modest amount of learning or change in behavior to use it
actual product
A product has three d
An actual product is a pronounced modification to an existing product that requires a modest amount of learning or change in behavior to use it.
A product's tangible attributes, such as its design, level of quality, features, brand name, and packaging; sometimes known as the formal or tangible product. The consumer pays for the outward look, packaging, etc. of the real goods. For instance, a car's doors, steering wheel, and many other components are actual products. Examples of the Actual Product include toothpaste, refrigerators, microwaves, shoes, and a variety of other items.
The benefit that the product provides to the consumer is referred to as the core product. The term "real product" describes the tangible item and is related to its physical attributes and design. The actions performed to assist the user in using the actual product make up the augmented product.
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in order to control creative projects the project manager must adopt one or some combination of three general approaches
To control creative projects the project manager must adopt one or some combination of three general approaches to the problem but option b, creativity check is not one of them.
A creativity check is crucial for consistent growth and innovation in a business. Creativity generates new and useful ideas. They often focus on smart work and high productivity. It ensures that routine at the workplace is not accompanied by stagnation. Productivity improves with unique innovations and keeps the working environment creative which is useful for the business to thrive in the market.
To control creative projects, various parts of a project like resources, schedule, potential risks, or changes are assessed. A creativity check is a secondary option under the performance of employees. Therefore, a creativity check cannot be one of the general approaches to the problem.
Complete options to the question are:
a. control of input resources
b. creativity check
c. process review
d. personnel reassignments
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the only place a shopper can purchase an item with a kirkland signature label is at a costco store. this is an example of a(n) brand.
The only place a shopper can purchase an item with a kirkland signature label is at a Costco store is an example of private-label brand.
What is Private- Label Brand?A private label product is produced by a contract manufacturer or a third party, and a store markets and sells it after that. Everything about the product is up to you as the merchant, including what's inside, how it's packaged, and how it appears on the label. You must pay extra for shipping it to your store and having it manufactured.
Finally, private labeling enables businesses to outsource the production and sourcing of their products to a different party. When a product is being marketed under a private label, the brand is solely applied to the package. Even though many customers are unaware of it, it is a common practice in today's retail sector.
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which of the following would not cause a change in the net gain or loss at the beginning of a period? actual return on assets different from expected return. amortization of the beginning-of-year net gain or loss. increase in estimated employee turnover. retroactive increase in benefits for employee service already performed.
The following would not cause a change in the net gain or loss at the beginning of a period retroactive increase in benefits for employee service already performed.
A company's internet periodic gain value (NPBC) is the overall value expensed for a firm's pension or postretirement plans. The carrier value issue of the NPBC is the part of the anticipated postretirement gain responsibility attributed to offerings rendered via way of means of eligible personnel all through the year.
Net Benefit is decided via way of means of summing all blessings and subtracting the sum of all expenses of a project. This output affords an absolute degree of blessings (general dollars), in place of the relative measures supplied via way of means of B/C ratio.
Net gain may be beneficial in rating initiatives with comparable B/C ratios. Prior carrier value is identified as different complete profits as incurred after which as a issue of accrued different complete profits withinside the company's stability sheet. The account is allocated (amortized) to pension cost over the carrier length of affected personnel.
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Which one of the following actions is usually a dependable and appealing way for managers to try to boost their company's EPS?
-Minimize the company's dividend payments so as to boost retained earnings--higher retained earnings divided by the number of shares outstanding result in higher EPS
-Cut the company's selling prices for both entry-level and multi-featured cameras to levels close to the lowest prices being charged by any company in all four regions; the resulting increases in sales volumes and revenues will boost the company's EPS
-Issue enough additional shares of stock to raise sufficient cash to pay off all of the company's borrowings on its line of credit; this will cut interest costs to zero and boost the company's EPS
-Repurchase shares of the company's common stock
Strive to be the dominant provider of entry-level cameras in all four geographic regions every year; the added profits on entry-level camera sales will drive increases in EPS
The action that is usually a dependable and appealing way for managers to try to boost their company's EPS is : Cut the company's selling prices for both entry-level and multi-featured cameras to levels close to the lowest prices being charged by any company in all four regions; the resulting increases in sales volumes and revenues will boost the company's EPS. Option B
What is meant by a company's EPS?Earnings per share, or EPS, is a crucial financial metric that shows a company's profitability. It is determined by dividing the net income of the business by the total number of outstanding shares.
EPS, a popular statistic for determining corporate value, shows how much money a firm produces for each share of its stock.
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___as a way to measure a social brand, allows firms to set up alerts about their company, good, service, or brand and receive an e-mail whenever they appear online.
Building brand awareness is a way to measure social branding, enabling companies to set up alerts about their company, goods, services, or brands and receive emails whenever they appear online.
What is brand awareness?Brand awareness is the extent to which the brand is recognized by the target group and associated with the product or product category. Brand awareness is the first stage to strategically influence the customer decision-making process. By doing brand awareness, companies can measure the social brand of their company, can create perceptions from consumers, create networks, foster trust and create associations, and can build brand equity.
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True or False. Ling was fired by MTM Mart because she stole from the cash register. A police report was filed. A prospective employer called MTM Mart for a reference and was told that Ling was fired for stealing. In this case, MTM Mart has illegally defamed Ling.
False. Organizations reserve the right to expose illegal or criminal activity of their employees, which is not considered defamation.
What is defamation?
False remarks about a person, place, or thing that harm its reputation are sent to a third party in a defamatory act. Slander can be spoken orally or in writing (libel). It is either illegal or a tort. Different nations and jurisdictions have very different legal definitions of defamation and associated activities, as well as very different approaches to dealing with them (what exactly they must consist of, whether they constitute crimes or not, to what extent proving the alleged facts is a valid defence).
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the ledger of vaughn rental agency on march 31 of the current year includes the following selected accounts before adjusting entries have been prepared. debit credit $3.912 2.576 23.910 prepaid insurance supplies equipment accumulated depreciation-equipment notes payable unearned rent revenue rent revenue interest expense salaries and wages expense $8.799 19.490 4,650 64.390 15.370 an analysis of the accounts shows the following. 1. 2. 3 the equipment depreciates 5243 per month one-third of the unearned rent was recognized as revenue during the quarter. interest of $510 is accrued on the notes payable. supplies on hand total $703.
Prepayments are expected to eventually become expenses when their future economic value expires. This is explained in more detail below.
In general, prepaid expenses are simply defined as a balance sheet asset because they represent money spent in advance for products or services. In summary, when the future economic value of prepaid expenses expires, the prepaid amount is recognized as an expense.
Adjusting entries:
No. Particulars Dr. $ Cr. $
1 Depreciation expense Account Dr. 750
To accumulated depreciation - Equipment account 750
2 Unearned rent revenue account Dr. 3,100
To Rent Revenue Account 3,100
3 Interest expense Account Dr. 500
To Interest payable account 500
4 Supplies expense account Dr. 1,950
To Supplies account 1,950
5 Insurance expense account Dr. 900
To prepaid insurance account 900
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Which of the following policies would be advocated by someone who wants the government to follow an active stabilization policy when the economy is experiencing severe unemployment? A. decrease the money supply. B. increase government expenditures. C. increase taxes. D. All of the above are correct
Someone who wants the government to adopt an active stabilization policy when the economy is experiencing extreme unemployment would support increasing government spending.
So, the correct option is (B).
What is economy?An economy could be a region wherever product and services square measure created, distributed, traded, and consumed. it's typically understood to be a social domain that places a stress on the behaviors, discourses, and tangible manifestations connected to the creation, utilization, and management of finite resources. One's culture, values, education, technological advancement, history, social organisation, political structure, system, associated natural resources square measure all major determinants of an economy's processes. These components confirm the parameters associated conditions underneath that an economy operates additionally to providing background and content. In alternative words, the economic realm could be a social domain created of connected human behaviors and exchanges that can't exist severally.
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which of the following statements best illustrates an argument on whether congress is effective on providing oversight of the bureaucracy?
Congress is too tiny to directly oversee all administrative acts, and oversight hearings require a significant amount of time and resources to be effective.
Through hearings, appointments, and budgetary restrictions, Congress and the president both have direct control over the bureaucracy. By voting and requesting information under the Freedom of Information Act (FOIA), citizens can exercise their oversight rights. Finally, by using the channels set up for whistleblowers to draw attention to bureaucratic abuses, bureaucrats also exercise supervision over their own institutions.
Although it is vital for Congress to use oversight hearings to rein in obstinate agencies, it is not always obvious that this is always the case.
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the sharpe ratio is calculated by dividing by risk, reward rewards, risk returns, variability variability, returns
The Sharpe ratio is a measure of risk-adjusted return. It shows how much excess return you can get against the volatility of holding riskier assets.
How to analyze Sharpe ratio?To calculate the Sharpe ratio, we first need the portfolio returns. Next, we need the interest rate of the risk-free investment, such as Government Bonds. Subtract this risk-free interest rate from the portfolio rate of return to find the excess rate of return, or the return on your investment in government bonds.
What is a good Sharpe ratio?Sharpe ratios between 1 and 2 are generally considered good. Ratios between 2 and 3 are very good, and results above 3 are excellent.
Which is better, a high sharpe ratio or a low sharpe ratio?Generally, a higher Sharpe ratio indicates better investment performance given the level of risk. A Sharpe ratio less than 1 is not good.
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Chilton, In sold 11.000 units last year for $20 each. Variable costs per unit were $4 for direct materials, $1.50 for direct labor, and $2.50 for variable overhead. Fixed costs were $60,000 in manufacturing overhead and $40,000 in nonmanufacturing costs. What is the total contribution margin? What is the unit contribution margin? What is the contribution margin ratio? If sales increase by 2,000 units, by how much wit profits increase?
Total contribution margin and Unit contribution margin is $132000 and $12 respectively. Profits will be increased by $24000.
It is given that units sold are 11000.
Selling price = $20
Variable cost = $4 (direct materials) + $1.5 (direct labor) + $2.5 (variable overhead)
= $8
Fixed cost = $60000(manufacturing) + $40000 (non manufacturing)
= $100000
Thus, Total contribution margin = Total sales - Total variable cost
= (11000 × 20) - (11000 × 8)
= 220000 - 88000
= $132000
Unit contribution margin = Selling price per unit - Variable cost per unit
= $20 - $8
= $12
Contribution margin ratio = Contribution ÷ Selling price
= 12÷ 20
= 0.6 = 60%
It is given that sales units are 11000 and now increased by 2000 and thus, total no of units are 13000
Thus, sales = 13000 × 20 = 260000
variable cost = 13000 × 8 = 104000
Thus profit = 260000 - 104000 = 156000
Thus, increase in profit = 156000 - 132000 = $24000
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suppose there is a small, open economy called atalanta that produces carrots. the domestic demand and domestric supply curves for this economy are as given
The equilibrium price and quantity is calculated below.
Demand at home: P = 20 - Qd
Household supply: P = 2 +Qs
Where Qd is the amount demanded, Qs is the quantity supplied, and P is the price of carrots in Atlanta.
We may set the amount required equal to the quantity provided and solve for the equilibrium price and quantity to find the price and quantity of carrots in Atlanta.
Qd = Qs
20 - Qd = 2 + Qs
18 = 2Q
Q* = 9
By entering the equilibrium quantity into either the demand or supply curves at the equilibrium quantity, the equilibrium price may be calculated.
P* = 20 - Qd* = 20 - 9 = 11
As a result, in this case, Atlanta's equilibrium carrot price is 11, and the equilibrium number of carrots is 9.
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the determining factors for the selection of the correct weight of testile fabric to be used in covering any type of aircraft
For the selection of the correct weight of textile fabric to be used in covering any type of aircraft, the determining factors are its maximum wing loading and the never-exceeding speed of the aircraft.
What is Aircraft Fabric Covering?The aircraft fabric covering is a term that refers to the material used by aircraft manufacturing companies to cover aircraft open structures. The aircraft fabric covering is also used to strengthen existing structures on the aircraft so that it can improve the balance of the aircraft when it is in the air. An aircraft's maximum wing loading and the never-exceed speed of the aircraft are things that must be considered in selecting the correct weight of textile fabric to be used in covering any type of aircraft.
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TRUE OR FALSE : subcultures can arise from the personal characteristics of employees and managers or the conditions of the workplace.
The statement is True: subcultures can arise from the personal characteristics of employees and managers or the conditions of the workplace.
When a group of individuals inside an organization share a shared set of values or experiences that diverge from the dominant culture in a way that is consistent with their group's values and responsibilities, a subculture is created.
It's possible for subcultures to develop based on tenure, ancestors' groupings (like purchased enterprises), places of residence, or hierarchies. For instance, your marketing department is a group of people with similar backgrounds, education, and values who are likely to establish procedures for working together that bring out the best in them. They may operate in a manner that is blatantly at odds with the ethos of your business, which encourages a calm, calculated approach ("here's to the crazy ones").
As a leader, you must be aware that subcultures are dynamic and that members will retaliate if they feel unappreciated, misunderstood, or constantly scrutinized. This opposition lessens the alignment between the subculture and the prevailing culture, leading to longer-term issues like decreased productivity or higher employee turnover.
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on july 1, 20y1, livingston corporation, a wholesaler of manufacturing equipment, issued $50,000,000 of 20-year, 11% bonds at a market (effective) interest rate of 14%, receiving cash of $40,003,000. interest on the bonds is payable semiannually on december 31 and june 30. the fiscal year of the company is the calendar year.
The interest on the bonds is payable semiannually on December 31 and June 30. So, the fiscal year of the company is the calendar year.
What is semiannually?
Semiannual simply means that something happens twice a year. For instance, a business might throw company celebrations every two years, a couple might celebrate their marriage every two years, and a family might take a vacation every two years. Anything that occurs twice a year occurs every two years.
Given,
Cash = $40,003,000
Dr Discount on bonds payable = $3,690,764
Cr Bonds payable = $50,000,000
The being issue of the bonds is at discount.
The cash proceeds which were received from the bond issuance of $40,003,000 is lower than the face value of the bond of $50,000,00. Thus, it is safe to say that the bonds were issued at discount of $9,997,000 ($50,000,000 - $40,003,000).
However, the correct entries would be to debit cash account with $40,003,000 debit discount on bonds payable with $9,997,000 and credit bonds payable with $50,000,000.
Hence, the fiscal year of the company is the calendar year.
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a loan that requires a high credit score and is used for many different things, such as medical expenses, a vacation, or to pay off a credit card
You can borrow money from a personal loan to spend it for a range of things.
How can I apply for a personal loan right away?By contacting a bank or other financial institution directly through their website and inquiring about your eligibility, the appropriate interest rate, and the monthly payment amount, you can apply for a personal loan. When your loan request is approved, the funds will be sent directly to your bank account.
Which bank offers personal loans with the highest likelihood?American Express, Citibank, Discover, and Wells Fargo are the top banks for personal loans. These banks offer the most competitive terms available, including low APRs, zero origination costs, big loan amounts, lengthy payoff periods, and more, making them excellent choices for personal loans.
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