The life of the equipment was estimated to be six years. assuming straight-line deprecation, the book value of the equipment at the beginning of the third year would be $50,000.
Straight line
(Cost - salvage value)/estimated useful life
= (360,000-60000)/6
=50000 ans.
The double declining stability (DDB) depreciation method is an method to accounting that includes depreciating sure property at two times the fee mentioned beneathneath straight-line depreciation. This consequences in depreciation being the best withinside the first yr of possession and declining over time.
The gadget ignores the salvage price whilst the declining stability is calculated, however the asset will now no longer be depreciated under the asset's salvage price. The depreciation quantity is calculated with the aid of using multiplying the straight-line quantity with the aid of using the declining stability fee.
To calculate depreciation the use of the straight-line method, subtract the asset's salvage price (what you assume it to be really well worth on the stop of its beneficial life) from its cost. The end result is the depreciable foundation or the quantity that may be depreciated. Divide this quantity with the aid of using the range of years withinside the asset's beneficial lifespan.
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A bakery operating in a competitive market sells its output for $20 per cake and hires labor at $10 per hour. To maximize profit, it should hire labor until the marginal product of labor is how many cakes per hour?
To maximize profit, The bakery should hire labor until the marginal product of labor is equal to 20 cakes per hour.
This means that the bakery should hire labor until the additional cakes per hour (the marginal product of labor) is equal to $20. This implies that the bakery should hire labor until they are producing 20 cakes per hour.
The marginal product of labor is the amount of output that an additional unit of labor can produce.The marginal cost of labor (or the cost of hiring an additional hour of labor) is $10.
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As a sales technique, networking
A. can happen in person or online through professional sites such as LinkedIn™
B. collects personal customer information after a customer has purchased a product or service
C. eliminates the need for prospecting and instead relies on word-of-mouth recommendations
D. enables multiple companies to work together to establish relationships with customers
As a sales technique, networking can happen in person or online through professional sites like LinkedIn™. Option A is correct.
What is networking?It corresponds to the process of meeting people in the professional environment to form a network of contacts, which occurs naturally and spontaneously, being a positive strategy for integration into the labor market.
Therefore, networking is essential for an individual seeking an opportunity in the job market, as establishing positive relationships with other professionals helps in gaining knowledge, information, etc.
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Tums antacid stresses the fact that it is a calcium supplement in its advertisements. It also stresses the health benefits of calcium. Most people already know Tums contains calcium. The new promotion is trying to change the attitude toward Tums by: changing the perceived importance of the attribute. adding a new attribute to the product. changing the basic product. adding a new attribute and re-positioning the product. lowering the price.
The fact that Tums contain calcium is generally known. The new advertising aims to alter people's perceptions of Tums by: modifying the attribute's perceived importance
Advertising refers to the methods used to draw attention to a good or service. In order to attract consumers' attention, advertising seeks to highlight a good or service. It is often used to market a particular product or service, although there are many other applications as well, with commercial advertising being the most popular.
Advertising's ability to enlighten customers about the products that are available is beyond question. Effective advertising is crucial to a company's existence in a free-market economy because without consumer awareness of a company's goods, they are unlikely to be purchased.
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all of the following were the objectives of the glass-steagall act except group of answer choices discouraging speculation in financial markets. limiting bank mergers when the merger might adversely affect competition. preventing conflict of interest and self-dealing. restoring confidence in the commercial banking system. all of the above were the objectives of the glass-steagall act.
All of the following were the objectives of the glass-steagall act except, limiting bank mergers when the merger might adversely affect competition. Therefore, the first option is the correct answer.
The Glass Steagall Act of 1933, a landmark piece of American legislation, distinguished between commercial and investment banking. As a result, banks were for the first time obligated to safeguard a percentage of their customers' funds, a requirement known as FDIC insurance today.
The Glass-Steagall Act attempted to control the financial industry and set rules on it. President Franklin D. Roosevelt signed it on June 13, 1933, and it was the first step in establishing trust in the nation's banking sector.
Glass-Steagall had two goals: first, it separated commercial banks from investment banks, and second, it established the FDIC. Consumer bank deposits were insured by the Federal Deposit Insurance Corporation (FDIC).
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suppose the equilibrium real federal funds rate is 2 percent, the target rate of inflation is 2 percent, the current inflation rate is 4 percent, and real gdp is 2 percent above potential real gdp. if the weights for the inflation gap and the output gap are both 1/2, then according to the taylor rule the federal funds target rate equals
if the weights for the inflation gap and the output gap are both 1/2, then according to the Taylor rule the federal funds' target rate equals to 8 percent.
The Taylor Rule( occasionally appertained to as Taylor's rule or Taylor principle) is an equation linking the Federal Reserve's standard interest rate to situations of affectation and profitable growth. Stanford economist John Taylor first proposed the rule as a rough guideline for financial policy but has latterly prompted a fixed-rule policy grounded on the equation, a cause espoused by Republicans seeking to limit the Federal Reserve's policy discretion.
The Taylor Rule's formula ties the Fed's crucial interest rate policy instrument, the civil finances rate, to two factors the difference between the factual and targeted affectation rates and that between the asked and apparent growth in the real Gross Domestic Product( GDP). Because policymakers aim for maximum sustainable growth at the frugality's productive eventuality, the difference between the factual and asked real GDP growth rates can also be described as an affair gap.
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Case a) A supermarket chain wants to know which of two merchandise display methods is more effective. They randomly assign 15 stores to use display type and 15 others to use display type B, then collect data about the number of items sold at each store and note that the standard deviations of the sales of stores in the sample groups using display A and display B are 3 and 5 respectively. Case b) Tags placed on garbage cans allow the disposal of up to 30 pounds of garbage_ A random sample of 22 cans averaged 33.2 pounds with a standard deviation of 3.2 pounds You want to know whether the residents overload their garbage cans or not:
No, it is not true in case of a supermarket chain that you want to know whether residents overload their garbage cans.
What is a supermarket?A supermarket is a self-serve facility that provides a significant assortment of commodities for the home, including foods, beverages, and household items that are organized into categories. The size and product selection of this kind of store are, however, smaller and less varied than those of a hypermarket or big-box market. Additionally, it is bigger than early food stores. Typically, the supermarket has departments for fresh fruit, dairy, deli, baked products, and meat. Cans, packages, and a wide range of non-food products, such as cookware, cleaning goods, medications, and pet supplies, all have special allocated shelves. Hypermarkets are typically described as large, attached department shops with full-service supermarkets. A typical classic single-level supermarket requires a large quantity of floor area.
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You've determined the core problem is that Angel needs to choose the platform that will provide the easiest transition for the least amount of money. Angel says this is basically what he was thinking, but he points out the decision doesn't seem so simple once he starts running numbers. He says there are many qualitative costs he just can't put a number on and hidden costs he's having trouble anticipating. You discuss with him what he knows about the company's growth and goals, and help him formulate some criteria on which to base his decision.
I suggest to Angel to look for which platform will provide the most flexibility and adaptability as the company grows and changes over time.
Simply comparing the cost and performance of a new platform may not be the ideal long-term strategy because technology is continuously changing and businesses are also evolving. Any significant change in technology will be expensive. Because of this, it is advisable to prevent too many such transitions by selecting a cloud platform that is more adaptive and flexible to changing requirements over time as a company
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a. Use the following information on states of the economy and stock returns to calculate the expected return for Dingaling Telephone.
State of Economy Probability of State of the Economy Security Return if State Occurs
Recession .30 -8%
Normal .40 13
Boom .30 23
b. Using the information in the previous question, calculate the standard deviation of returns.
c. Repeat Questions 1 & 2 assuming that all three states are equally likely.
Based on the table of information on states of the economy and stock returns, the expected return for Dangling Telephone is 0.11
How to calculate stock returns?
The stock return is calculated by subtracting the initial cost of the investment from its final value, then dividing this new number by the cost of the investment, and finally, multiplying it by 100.
Here we need to find the expected return for Dangling Telephone by using the information on states of the economy and stock returns.
In order to calculate the expected return, we need to multiply the probability with security return, it can be written as,
State of Economy Probability Return (Probability * Return)
Recession 0.25 -0.08 -0.02
Normal 0.5 0.13 0.07
Boom 0.25 0.23 0.06
Then the expected return is calculated as,
=> -0.02 + 0.06 + 0.07 = 0.11
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you are considering buying stock in new england bankshares corporation. which of the following are examples of risk that can be diversified away?
The risk associated with a potential lawsuit against New England Bankshares might be diversified away when thinking about purchasing stock in the company.
The likelihood that a person or company will go to court is known as a litigation risk. I.e risk associated with a potential lawsuit. The person or business may be facing legal action as a result of their goods, services, deeds, or other circumstances.
Due to the significant potential financial benefit for plaintiffs, huge corporations are particularly vulnerable to legal action.
The costs of legal defence as well as potential outcomes (such as settlements) are taken into consideration when evaluating the risk of litigation.
Customers, suppliers, rival company, or even shareholders of a corporation could sue.
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suppose you buy ada co. bonds today with a par value of $1000 and a current market value of $768.00, having 10% yield to maturity. the bonds mature in 5 years and interest is paid annually. one year from now, when the yield to maturity is 12%, you sell the bond. answer the following question based on the above information. the selling price for the bond, one year from now, is:
The selling price for the bond, one year from now, is $753.36.
The present value of the future contractual cash payments that the bond owner will receive is the selling price (or market value) of the bond.
STEP 1: Calculation of coupon payment/coupon rate of the bond
It is given that-
Face value = 1000, Current price = 768,Yield to maturity = 12%,Time to maturity = 5 years
So, Coupon payment made annually = Using excel PMT function
Syntax: PMT = (Yield, time, present value, face value, 0)
PMT(0.10,5,-768,1000,0) = 38.80
So, Coupon payment annually = 38.80
STEP 2: Calculation of bond selling price in 1 years time
Time to maturity left = 4 years
Yield = 12%
Coupon payment = 38.80
Face value =1000
So, Bond selling price = Using excel PV function
PV(Yield, time, coupon, face value, 0)
PV(0.12, 4, 38.80,1000,0) = 753.36
So, One year from today, the bond will be sold for $753.36.
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Which of the following products would benefit most from a continuous type of advertising schedule?
a. Coppertone sunscreen
b. Bud Lite beer
c. Purdue turkeys
d. K2 snowboards
Bud Lite beer is a product which would benefit most from a continuous type of advertising schedule
The practice of limiting your advertising to run just on particular days of the week and hours of the day is known as ad scheduling. By doing this, you can make sure that your ads only run on days and at times when you know they'll yield the best results.
Scheduling is the formal term for the patterns of time that the advertisement will air. It helps in setting up the time slots in line with the requirements of the advertiser so that the intended audience will receive the message in the proper way at the proper times.
Continuity: This approach works well for products or services whose promotion doesn't depend on the season. likewise flighting Bursting is another term for this kind. without a doubt a seasonal product model. Here, the intervals between adverts are completely unpredictable.
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The income statement, balance sheets, and additional information for Great Adventures, Inc., are provided below.
GREAT ADVENTURES, INC.
Income Statement
For the year ended December 31, 2022
Net revenues: $ 172,710 Expenses: Cost of goods sold $ 38,900 Operating expenses 56,280 Depreciation expense 17,850 Interest expense 7,782 Income tax expense 14,900 Total expenses 135,712 Net income $ 36,998 GREAT ADVENTURES, INC.
Balance Sheets
December 31, 2022 and 2021
Increase (I) or
2022 2021 Decrease (D)
Assets Current assets: Cash $ 211,112 $ 61,860 $ 149,252 (I)
Accounts receivable 48,320 0 48,320 (I)
Inventory 7,800 0 7,800 (I)
Other current assets 980 4,820 3,840 (D)
Long-term assets: Land 580,000 0 580,000 (I)
Buildings 824,000 0 824,000 (I)
Equipment 70,240 44,000 26,240 (I)
Accumulated depreciation (26,050 ) (8,200 ) 17,850 (I)
Total assets $ 1,716,402 $ 105,200 Liabilities and Stockholders’ Equity Current liabilities: Accounts payable $ 24,320 $ 2,960 $ 21,360 (I)
Interest payable 790 790 Income tax payable 14,900 14,080 820 (I)
Other current liabilities 23,400 0 23,400 (I)
Notes payable (current and long-term) 603,704 30,800 572,904 (I)
Stockholders’ equity: Common stock 128,000 20,000 108,000 (I)
Paid-in capital 976,800 0 976,800 (I)
Retained earnings 58,488 33,850 24,638 (I)
Treasury stock (114,000 ) 0 (114,000 ) (I)
Total liabilities and stockholders’ equity $ 1,716,402 $ 105,200 Additional Information for 2022:
Land of $580,000 was obtained by issuing a note payable to the seller.
Buildings of $824,000 and equipment of $26,240 were purchased using cash.
Monthly payments during the year reduced notes payable by $7,096.
Issued common stock for $1,080,000.
Purchased 10,800 shares of treasury stock for $19 per share.
Sold 4,800 shares of treasury stock at $20 per share.
Declared and paid a cash dividend of $12,360
Required:
Prepare the statement of cash flows for the year ended December 31, 2022, using the indirect method. (List cash outflows and any decrease in cash as negative amounts.)
GREAT ADVENTURES, INC.
Statement of Cash Flows
For the Year Ended December 31, 2022
Cash Flows from Operating Activities Adjustments to reconcile net income to net cash flows from operating activities: Net cash flow from operating activities $0
Cash Flows from Investing Activities Net cash flow from investing activities 0
Cash Flows from Financing Activities Net cash flows from financing activities 0
0
Cash at the beginning of the period Cash at the end of the period $0
Note: Noncash Activities
GREAT ADVENTURES, INC.
Statement of Cash FlowsFor the Year Ended December 31, 2022
Operating Activities:Net income $36,998
Noncash operating expenses:
Depreciation expense 17,850
Cash flow from operations $54,848
Adjustments:
Increase/Decrease in working capital:
Accounts receivable (48,320)
Inventory (7,800)
Other current assets 3,840
Accounts payable 21,360
Income tax payable 820
Other current liabilities 23,400
Net cash flow from operating activities $48,148
Investing Activities:Building ($824,000)
Equipment (26,240)
Net cash flow from investing activities ($850,240)
Financing Activities:Note Payable ($7,096)
Common Stock 108,000
Paid-in Capital 976,800
Treasury Stock (114,000)
Cash Dividend (12,360)
Net cash flows from financing activities $951,344
Net cash flow $149,252
Cash at the beginning of the period $61,860
Cash at the end of the period $211,112
Net cash flow generated $149,252
Note: Noncash Financing and Investing Activities:
Note Payable $580,000
Land $580,000
What is a cash flow statement?A cash flow statement or a statement of cash flows summarizes the entity's cash inflows and outflows for the financial year.
The cash flow statement is classified into operating, financing, and investing activities, with a note for noncash activities.
GREAT ADVENTURES, INC.
Income StatementFor the year ended December 31, 2022
Net revenues $ 172,710
Expenses:
Cost of goods sold $ 38,900
Operating expenses 56,280
Depreciation expense 17,850
Interest expense 7,782
Income tax expense 14,900
Total expenses 135,712
Net income $ 36,998
GREAT ADVENTURES, INC.
Balance SheetsDecember 31, 2022, and 2021
2022 2021 Increase (I)
or Decrease (D)
Assets Current assets:
Cash $211,112 $61,860 $149,252 (I)
Accounts receivable 48,320 0 48,320 (I)
Inventory 7,800 0 7,800 (I)
Other current assets 980 4,820 3,840 (D)
Long-term assets:
Land 580,000 0 580,000 (I)
Buildings 824,000 0 824,000 (I)
Equipment 70,240 44,000 26,240 (I)
Accumulated depreciation (26,050) (8,200) 17,850 (I)
Total assets $ 1,716,402 $ 105,200
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable $24,320 $2,960 $21,360 (I)
Interest payable 790 790
Income tax payable 14,900 14,080 820 (I)
Other current liabilities 23,400 0 23,400 (I)
Notes payable (current and long-term) 603,704 30,800 572,904 (I)
Stockholders’ equity:
Common stock 128,000 20,000 108,000 (I)
Paid-in capital 976,800 0 976,800 (I)
Retained earnings 58,488 33,850 24,638 (I)
Treasury stock (114,000) 0 (114,000) (I)
Total liabilities and stockholders’ equity $1,716,402 $ 105,200
Additional Information for 2022:
Note Payable paid = $7,096 ($30,800 + $580,000 - $603,704)
Building $824,000
Equipment $26,240
Common Stock $108,000
Paid-in Capital = $976,800 [$0 + $972,000 + (4,800 x $20 - $19)]
Treasury Stock = $114,000 [$0 + (10,800 - 4,800 x $19)]
Cash Dividend = $12,360
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the best approach to budgeting is objective and task budgeting, whereby the company determines its promotion objectives, outlines the tasks to accomplish these objectives, and multiple choice asks the ad agency for an estimate. surveys customers to determine what spending levels they think are appropriate. asks the media to propose a program. determines what spending level top management will allow for the proposed program. determines the promotion cost of performing these tasks.
The objective task method, which is also known as the "objective and task" method, is a system in which a business decides how much money to put into its marketing budget based on specific goals rather than just on sales revenues or projections.
What is the goal and the task?The actions you need to take to reach your goal are called tasks. Examples of tasks include: Objective: what you would like to do. Goal: how much and when you intend to do it.
What is advertising's purpose?The development of a company's brand and the establishment of a relationship between the company and its customers through that brand are the goals of advertising in order to initiate and maintain sales to those customers.
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Stockholders of Dogs R Us Pet Supply expect a 12% rate of return on their stock. Management has consistently been generating an ROE of 15% over the last 5 years but now believes that ROE will be 13% for the next 5 years. Given this, the firm's optimal dividend payout ratio is now ______.
A. 0%
B. 100%
C. between 0% and 50%
D. between 50% and 100%
Stockholders of Dog's R Us Pet Supply expect a 12% rate of return on their stock. Management has consistently been generating a ROE of 15% over the last 5 years but now believes that ROE will be 12% for the next five years. Given this the firm's optimal dividend payout ratio is now 100%
Investors use the dividend payout ratio to work out which businesses are best aligned with their goals. In most cases, firms with a high average dividend payout ratio are preferable for investors because they are likely to provide a steady stream of income. Furthermore, investors are likely to look at the trend in a company’s dividend payout ratio before deciding whether to invest. A downward trend of payouts may be a cause for concern, whereas a business that has consistently issued 20% of its profits to shareholders may be seen as a good bet for consistent and sustainable income.
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Economic Order Quantity (EOQ) includes several variables that must be taken into consideration whencalculating the optimal order size. One variable, the costs associated with holding inventory, is referred toas a. carrying costs. b. the reorder point. c. stockout costs. d. ordering costs.
When determining the ideal order size, the Economic Order Quantity (EOQ) involves a number of elements that must be taken into account. Carrying costs are one variable, which are the expenses related to maintaining inventory.
The various expenses a business incurs for keeping inventory on hand are known as carrying costs.
Taxes, insurance, personnel costs, and opportunity costs are a some examples of carrying costs.
The amount of inventory a business should order to meet demand while lowering total ordering, receiving, and holding costs is known as the economic order quantity (EOQ).
Therefore, the correct option is a. carrying costs.
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FILL IN THE BLANK. Company X allocated a large budget for web-based communication to promote its products. To determine the effectiveness of these communications, it should use ________ to measure how much time viewers spend on particular web pages, the number of pages they view, how many times users click banner ads, which website they came from, and so on.
To determine the effectiveness of these communications, Company X should use web-tracking software to measure how much time viewers spend on particular web pages, the number of pages they view, how many times users click banner ads, which website they came from, and so on.
Web-tracking software is a tool that track, measure, and report website activity and visitor behaviors such as traffic, performance, and the user clicks. Its objective is to show the user what is happening on their website so they can optimize the website according to their goals.
Several web-tracking software that can be used are:
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the security guards and tellers at national bank receive extensive training on how to handle medical emergencies, angry customers, and suspicious packages. which of the following security programs is most likely being used at national bank?
Organizational security is the security program which is most likely being utilised at national bank.
Organizational security policies are a set of rules or directives that an organization puts on its operations in order to protect sensitive data.
Availability, integrity, and confidentiality are the three security objectives. All information security precautions are made to achieve one of the three objectives listed below: Maintain the privbacy of the data. uphold the data's accuracy. Encourage the authorized accessibility of data .
Every business needs reliable workplace security since it reduces the amount of insurance, benefits, liabilities, and other expenses the company must pay to its stakeholders. As a result, operating expenses are reduced and corporate income is raised.
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people believe they own and have a right to control their private information. people control their private information through the use of personal privacy rules. when others are told or given access to a person's private information, they become co-owners of that information. co-owners of private information need to negotiate mutually agreeable privacy rules about telling others. when co-owners of private information don't effectively negotiate and follow mutually held privacy rules, boundary turbulence is the likely result.
Revelation makes a co-proprietor and friend: An individual's private data is imparted to others when they are educated about it or find out about it.
When co-proprietors of individual data wear arrange or observe privacy rules what happens?
Co-proprietors of private data should come to commonly adequate protection principles on sharing that data. 5. Limit choppiness is probably going to happen when co-proprietors of private data neglect to arrange and stick to commonly held protection standards effectively.
Somebody makes someone else a co-proprietor of the data when they choose to unveil private data to them. Co-proprietorship involves rules, commitments, and privileges that should be settled upon both the party unveiling the data and the party getting it.
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the management of lanzilotta corporation is considering a project that would require an investment of $213,000 and would last for 6 years. the annual net operating income from the project would be $105,000, which includes depreciation of $28,000. the scrap value of the project's assets at the end of the project would be $25,000. the cash inflows occur evenly throughout the year. the payback period of the project is closest to (ignore income taxes.):
Payback period of 2.02 years is the correct answer.The payback period of the project is the amount of time it takes to recover the initial investment. The term "payback time" refers to the amount of years needed to recoup the initial monetary outlay.
It is, in other words, the length of time that a machine, facility, or other investment has generated enough net income to pay its investment costs.
To calculate the payback period, we need to divide the initial investment of $213,000 by the annual net operating income of $105,000. This gives us a payback period of 2.02 years. Since the cash inflows occur evenly throughout the year, the payback period for the project is closest to 2 years.
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When interpreting measures from financial statement analysis, we need to decide whether the measures indicate good, bad, or average performance. What do we use or need ? Or benchmarks for comparison
When interpreting measures from financial statement analysis, we need standards for comparisons.
Comparing the data to a previous period, a rival, the industry average, or a baseline are the criteria for comparing ratios. Four criteria are used to compare financial analysis results: analysis of financial ratios.
Based on information from financial accounts, this analysis would calculate financial ratios to evaluate a company's liquidity, solvency management, profitability, and market potential.
Financial statement analysis entails analyzing financial reports to comprehend an organization's financial position. Decisions about lending and investing can be based on the findings. The following items for a company's financial statements throughout a number of reporting periods are to be identified during this assessment.
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The ____ approach to scheduling concurrent transactions assigns a global unique stamp to each transaction.
The time stamping approach to scheduling concurrent transactions assigns a global unique stamp to each transaction.
What is transaction?A transaction is a financial activity that is recorded as an entry in an accounting record and that has a monetary impact on financial statements. Below is an example of a transaction Payment to Company for services or products provided.A transaction is an agreement entered into between a buyer and a seller to exchange goods, services, or financial assets for money. The term is also commonly used in business accounting.A transaction is a business event that has a monetary impact on a company's financial statements and is recorded as an entry in its books of accounts. An example transaction is: Paying suppliers for services rendered or goods delivered.There are four main types of financial transactions conducted in a company. The four types of financial transactions that affect business are sales, purchases, receipts and payments.To learn more about transaction from the given link :
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Since Coca-Cola focuses on selling only soft drinks, a low degree of product diversification, we would conclude that they compete in an). market versus their main competitor Pepsico, that sells a wide variety of products. single product multiple product O related diversification unrelated diversification
When a business generates more than 95% of its revenue from a single business activity, it has a single business strategy. A company is deemed to be employing increasingly diversified techniques as that percentage declines. Keeping to your strengths is a benefit of sticking with one business plan.
Consider a bakery that makes fantastic cakes. The bakery may optimise performance and maximise profit from each cake it sells by focusing its marketing and manufacturing strategy on cakes. A tight emphasis, however, might not always be advantageous. A single company plan also carries a significant inherent risk: Any unfavourable circumstance could suddenly destroy the foundation of the entire enterprise.
Option A, Single product, as the Coca-cola only focusses on selling soft drink rather than PepsiCo which sell wide variety of diversified products.
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which one of the following is the most trustworthy sign that companies opting to install additional production capacity in the upcoming decision round will likely be challenged to avoid the extra costs of having unneeded or idle production capacity and/or excessively large year-end inventories of unsold branded footwear?
The option that is the most trustworthy sign that companies opting to install additional production capacity in the upcoming decision round is option B: In the upcoming year, Potential Global Supply of footwear exceeds Potential Global Demand by 5 million pairs, as reported in the Supply/Demand Analysis section on p. 4 of the most recent FIR No companies lost sales due to stockouts in any of the four geographic regions in the most recent decision round.
Why is supply and demand analysis important?The link between supply and demand is crucial because it helps to establish the costs and availability of the majority of goods and services in a given market. The interplay between supply and demand eventually balances out in accordance with the tenets of a market economy.
Therefore, one can say that the study of how buyers and sellers interact to establish transaction prices and quantities is known as demand and supply analysis. We shall see that prices simultaneously represent the worth of the next (or marginal) unit to the buyer and the cost of the unit to the seller. Hence, is trustworthy.
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Gainsborough Traders has orders of 10,000 lbs each of goods for four customers. It charges $15.00 per hundredweight (cwt) (cwt = 100 lbs) to ship direct, or $10.00 per cwt for shipments greater than 30,000lbs. If orders are combined into one shipment, it charges a $400 fee for each stop made. What is the savings from consolidating orders into one shipment?
a. $2000
b. $600
c. $400
d. $200
$600 is the savings from consolidating orders into one shipment. Consolidating your packages can also save your delivery costs. Every parcel is subject to a flat fee that carriers charge.
You only have to pay the fees once when you combine your things into one box. Individual LCL shipments from different shippers are combined into a single full container shipment using the shipping process known as "consolidated shipping." Shippers who take part in consolidated shipping receive preferential costs. Faster transit times and shorter wait times for small loads are two benefits of freight consolidation. Your goods will be available for shipment as needed if your freight is kept at a consolidation facility.
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Let L represent the number of workers hired by a firm, and let Q represent that firm's quantity of output. Assume two points on the firm's production function are (L = 5, Q = 120) and (L = 8, Q = 180). Then the marginal product of the 8th worker is
- 20 units of output.
- 60 units of output.
- 37 units of output.
- 100 units of output.
With two points on the firm's production function are (L = 5, Q = 120) and (L = 8, Q = 180). Then the marginal product of the 8th worker is 20 units of output.
The marginal product or marginal physical productivity of an input (factor of production) in economics, and particularly neoclassical economics, is the change in output that results from using one more unit of a specific input (for example, the change in output when a firm's labor is increased from five to six units), assuming that the quantities of other inputs are kept constant.
One must isolate a particular change in a firm and monitor how that change impacts output in order to effectively calculate marginal product.
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the product development group at landon corporation has been working on a new computer software product that has the potential to capture a large market share. through outside sources, landon's management learned that a competitor is working to introduce a similar product. as a result, landon's top management increased its pressure on the product development group. the group's leader turned to pert/cpm as an aid to scheduling the activities remaining before the new product can be brought to the market. the project network is as follows.
In the product development group at Landon corporation Probability the project get completed within 30 weeks is .975
Expected time = (Optimistic time + 4* Most Probable + Pessimistic time ) / 6. Variance = (S.D.)2 and S.D. (Standard deviation) = (Pessimistic time - Optimistic time) / 6
Activity Expected Time Variance Critical Activity
A 4 0.11 No
B 4 0.44 Yes
C 5 0.11 No
D 3 0.11 No
E 10 1.78 Yes
F 9 0.69 No
G 6 0.25 No
H 7 1.78 Yes
I 3 0.44 No
J 5 0.11 Yes
Critical path is B- E- H- J with expected duration is 26 weeks (4+10+7+5) with variance 4.11 or S.D. 2.03
The project time(say X) follows normal distribution with mean 26 weeks and standard deviation 2.03, and the Standard normal variable Z = (X-26)/2.03
Therefore Prob.(25) = Prob. (Z=.49261) hence Probability the project get completed within 25 weeks is .311
Similarly Prob.(30) = Prob. (Z= 1.97) hence Probability the project get completed within 30 weeks is .975.
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multiple-step income statements: never include a computation for gross profit. list cost of goods sold as an operating expense. have three main parts: gross profit, income from operations, and net income. are required for the periodic inventory system. are only used in perpetual inventory systems.
Gross profit, income from operations, and net income are the three basic components of multiple-step income statements. The right response in this case is option B.
An organization's financial statement in a structure that presents revenues, expenditures, and expenses for a particular reporting period is known as a multi-step income statement. It employs a number of formulae to calculate a company's net income and offers a more thorough description of costs than a single-step income statement.
Operating and non-operating earnings and costs are divided into categories in the multi-step income statement. It aids users in assessing the organization's financial performance. Users will be aware of the profit generated by the main business operations of purchasing and selling things as well as how it differs from non-operating activities.
Complete question:
Multiple-step income statements:
A) Never include a computation for gross profit.
B) Have three main parts: gross profit, income from operations, and net income.
C) Are required for the periodic inventory system.
D) List the cost of goods sold as an operating expense.
E) Are only used in perpetual inventory systems.
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supa econ identify the condition at which the microeconomy must be functioning if the macroeconomy is performing at full sustainable capacity (potential) gdp. pareto optimal general competitive equilibrium identify how economi
In the micro economy, the full sustainable capacity, or potential GDP, is referred to as Pareto optimal General Competitive Equilibrium in macroeconomic terms.
What might GDP macroeconomics look like?GDP potential. The value of real GDP when all of the economy's production factors—labor, capital, land, and entrepreneurial skill—are utilized to their full potential.
What is the potential GDP?GDP potential refers to the degree of Gross domestic product achieved when all organizations are creating at limit.
What is output at full employment, or potential?Full Work Gross domestic product, otherwise called expected yield, is a financial term used to depict a solid economy where total interest is in balance with both short run and long run total stock.
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Assume that price is greater than average variable cost. If aperfectly competitive seller is producing at an output where price is $11 and the marginal cost is $14.54 (alongthe upward-sloping portion of the MC curve), then tomaximize profits the firm should A.continue producing at the current output.B.produce a smaller level of output. C.produce a larger level of output. D.not enough information given to answer the question.
To maximize profits the firm should produce a smaller level of output.
What does it mean if price is greater than average variable cost?If the price is higher than the average variable cost, the company will make enough money to cover all variable costs as well as some fixed costs. The economic loss is therefore LESS than the entire fixed cost.
AVC or ATC must be rising when marginal cost exceeds average variable or average total cost. As a result, the lowest point is the only possible point at which marginal cost equals average variable or average total cost.
The company closes if the price falls below the average variable cost. When new firms enter an industry where existing ones are making an economic profit, the price will decrease until the economic profit reaches its long-run equilibrium value of zero.
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thomas, cpa, has audited the consolidated financial statements of kass corporation. jones, cpa, has audited the financial statements of its sole subsidiary, which is significant in relation to the total audited by thomas. it would be appropriate for thomas to serve as the group auditor, but it is impracticable for thomas to review the work of jones. assuming an unmodified opinion is expressed by jones, thomas should
D. Analyze the consolidated financial accounts without modification and mention Jones' work. The activities and financial success of a firm are detailed in financial statements.
Financial accounts are routinely audited by government agencies, accounting firms, etc. to ensure correctness and for tax, financing, or investment reasons. The four fundamental financial statements for for-profit businesses are the balance sheet, income statement, statement of cash flow, and statement of changes in equity.
Nonprofit organizations employ a similar but different set of financial statements. Investors and financial analysts utilize financial information to evaluate a company's performance and project where the stock price will go in the future. One of the most important sources is the annual report, which provides the company's financial statements.
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