Answer:
1.
April 1, 2021
Note Receivable $420000 Dr
Cash $420000 Cr
2.
December 31, 2021
Interest Receivable $37800 Dr
Interest Revenue $37800 Cr
3.
March 31, 2022
Interest Receivable $12600 Dr
Interest Revenue $12600 Cr
April 1, 2022
Cash $470400 Dr
Note Receivable $420000 Cr
Interest Receivable $50400 Cr
Explanation:
1.
The issuance of notes creates an asset in the books of Shoemaker and the note receivable is debited by the amount of the loan. In exchange, cash is paid out as loan and thus it is credited.
2.
Following accrual principle, the interest revenue related to year 2021, is recorded on 31 December 2021 and a receivable is created against it as the interest revenue has not been received on 31 December 2021. The amount of interest revenue will be,
Interest Revenue - 31 December 2021 = 420000 * 12% * 9/12 = $37800
The loan was issued on 1 April and 9 months interest has been earned till 31 December 2021.
3.
On 30 March 2022, the remaining three months interest revenue will be recorded against a receivable. The amount will be ,
Interest Revenue - March 2022 = 420000 * 12% * 3/12 = $12600
On 1 April, cash will be received for 420000 Principal and 50400 (37800 + 12600) (37800 + 12600 interest and it will be recorded as debit to cash for 470400 and credit to notes receivable for 420000 and interest receivable to 50400.
Which of the statements below describe the goals and principles of cash management? (Check all that apply.)
Multiple select question.
Plan cash receipts to meet cash payments when due.
Excess cash should be kept on hand to pay bills.
Keep a minimum level of cash necessary to operate.
Money should be spent only when it is available.
Encourage quick payment of liabilities.
Encourage quick collection of receivables.
The correct answers to this multiple-select question are:
- Plan cash receipts to meet cash payments when due.
- Keep a minimum level of cash necessary to operate.
- Encourage quick payment of liabilities.
- Encourage quick collection of receivables.
The goals and principles of cash management are to ensure that a company or individual has sufficient funds to meet its obligations when they are due. This includes planning cash receipts to match cash payments when they are due, keeping a minimum level of cash necessary to operate, and encouraging quick payments of liabilities and collections of receivables.
Keeping a minimum level of cash on hand prevents a company or individual from becoming overextended while encouraging quick payments and collections helps ensure that cash is available when needed. By adhering to these principles, a company or individual can better manage their cash flow and remain financially stable.
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Answer:
-plan cash receipts to meet cash payments when due
-money should be spent only when it's available
- encourage quick collection of reccivables
-keep a minimum level of cash necessary to operate
Explanation:
the company realized that customers would leave the vitamin bottle on the counter as a symbol of their own commitment to their health.
The majority of the fundamental details regarding a supplement are listed on the customers, including the serving size, the number of servings per container.
The ingredients, and the quantity of each nutrient it provides. products with the USP Verified Mark signifies that the product has not only complied with high-quality requirements but also that you are purchasing what is stated on the label. supplement for a mention of the Current Good Manufacturing Practices is one choice (CGMP). The FDA developed the CGMP, customers provides best practises for manufacturing dietary supplements. Vitamins are a class of nutrients required for healthy cell growth, development, and function.
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which of these are ways you can help build a better consumer experience to drive action? choose three.
Adopt a single channel experience (online only or offline only).
Simplify the shopping experience by providing minimal information.
Provide relevant and up-to-date information, such as store address, hours, locations, and in-stock products.
Offer an easy checkout process.
Let shoppers buy online and pick up in-store.
The ways by which we can build better consumer experience are Provide relevant and up-to-date information, such as store address, hours, locations, and in-stock products, Offer an easy checkout process and let shoppers buy online and pick up in-store that is option C, D and E.
In order to build a better consumer experience, shopkeepers always use methods that are easy for the consumers. Giving the consumers detailed information about the product regarding its manufactured date, expiry date and price is a better way to build consumer experience. Offering the consumer an easy way to checkout makes it easy for the consumer to checkout without any hassle. Offering the shoppers to buy the products online and pickup in store saves time of the consumers and increases experience.
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putting two or more of the same or different products or services together and selling for a price somewhat under the products individual prices. T/F
Putting two or more of the same or different products or services together and selling for a price somewhat under the products individual prices is true
What is Bundle Pricing?Bundling is the practise of combining two or more of the same or distinct goods or services and selling them for a sum that is somewhat less than the sum of their separate costs.With bundle pricing, retailers group together multiple distinct products into one package deal and sell it to customers for less money than it would be to buy each item separately.Some of the pricing techniques used by firms include bundle pricing and buy one, get one free deals. Markets that provide these products see a considerable boost in sales.This is due to the fact that more people are willing to spend money on products than to pay their full price. Consumers perceive them as inducements or motivators to buy because they believe they will receive more value than they paid for.To learn more about Bundle Pricing refer to:
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it makes sense for wendy's to advertise its new menu that allows customers to choose fruit or salad as a substitute for french fries in its values meals, as long as doing so raises:
Insofar as doing so increased sales by more than it increased advertising costs, it made sense for Wendy's to promote its new menu that gives consumers the option to swap fruit or salad for French fries in its value meals.
Why are marketing costs going up?The two main causes of the increase in CPM are Apple's recent privacy announcement and the steadily rising demand for digital advertising space. Social networking platforms have long utilized their iPhone applications to track user activity and gather information to sell to advertisers.
Does more advertising lead to increased sales?Even when the amount of advertising increases, sales may not necessarily increase. A little over half of all ongoing advertising campaigns are ineffective. Sales are not affected by increases in advertising on their own, although occasionally they can be due to changes in the creativity, media, target audience, or product itself.
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which of the following role provides executive guidance, direction, and support for the design and implementation of a change management process? also serve as primary liaison between the infrastructure organization and other it organizations.
The project manager concentrates on the technical aspects of the change—its design, development, and delivery. The technical would be lost without management and direction.
What part do CEOs play in the strategic planning and change management processes?By responding to market shifts and opportunities, executives in a change-competent organization are constantly looking for ways to increase profitability and growth. They also make sure that business changes are implemented and realized to their full potential through effective leadership and change sponsorship.
Who in an organization is in charge of change management?Change coordinators and change managers are often in charge of overseeing all facets of IT modifications. Prioritizing requests for adjustments, they weigh their effects before accepting or rejecting them. They also record the plans for and procedures for change management.
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Which of the following is not an advantage cost plus pricing
It leads to profit maximization is not an advantage of cost plus pricing.
What is Profit maximization?Profit maximization is a short- or long-term technique that helps businesses choose the prices, input levels, and output levels that will provide the most profit overall.
Businesses go through the procedure of profit maximization to ensure that the ideal levels of productivity and pricing are attained in order to maximize their profits. In order to meet its profit goals, the corporation alters crucial factors including sale price, cost of production, and value of output. Businesses must reduce costs if they want to increase earnings. Simply said, cost reduction refers to a company's ability to maximize production or provide a particular outcome with the fewest resources feasible.
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Vaughn Company's budgeted sales and direct materials purchases are as follows. Budgeted Sales Budgeted D.M. Purchases January $ 196,000 $29.400 February 215,600 35,280 March 245.000 37,240 Vaughn's sales are 30% cash and 70% credit. Credit sales are collected 10% in the month of sale, 50% in the month following sale, and 36% in the second month following sale: 4% are uncollectible. Vaughn's purchases are 50% cash and 50% on account. Purchases on account are paid 40% in the month of purchase, and 60% in the month following purchase. (a) Prepare a schedule of expected collections from customers for March. (b) Prepare a schedule of expected payments for direct materials for March.
$215,502 in customer collections are anticipated for March.
For the month of March, direct material payments are anticipated to total $36,652.
Expected Collections is the total of I the anticipated monthly instalments related to the financing contracts under which the Purchased Receivables are secured and (ii) the anticipated monthly prepayments, as determined by the Servicer and disclosed in each Servicer Report.
For the avoidance of doubt, a payment due after an Original Reference Security has been redeemed early in accordance with its terms and conditions is not included in the term "Expected Payment," which refers to a payment due to be received under the terms of an Original Reference Security at the time the Original Reference Security is issued.
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TRUE OR FALSE economic research shows that people at all income levels find jobs and other opportunities through friends, parents, and others in the community through
This statement is true because Economic studies demonstrate that individuals at all income opportunities through their friends, parents, and other members of the community. social networks.
What does economic research do?Apply quantitative models and statistical approaches to collect, analyze, and present data in order to forecast market trends and explain economic occurrences. Create suggestions, ideas, or plans to analyze markets or address economic issues.
What are some topics for economics research?The economics of information, the general equilibrium theory, contract theory, auction theory, industrial economics, and public economics. macroeconomic consequences of monetary and fiscal policy; cyclical analysis; wealth creation and economic disparity; macroeconomic forecasting.
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Trident Corporation had the following cash flows in the current year. Which one of the following is a financing activity cash flow?
A Rent on a warehouse amounting to $1.1 million
B Purchase of $125,000 worth of five-year bonds issued by Towson Utilities
C Preferred dividends to the tune of $330,000 paid to shareholders
D Lease income received on a piece of land
Preferred dividends to tune of $330,000 paid to the shareholders is financing activity cash flow.
What is cash flow?The change in a person's or company's cash on hand is referred to as cash flow (CF). In the world of finance, the expression is used to describe the amount of money (currency) that is created or consumed over a given period of time. There are many various kinds of CF used for operating a company and conducting financial research. Each one will be thoroughly covered in this manual. Investors and business owners worry a lot about CF because it is a company's lifeblood. You may wonder what separates CF from the data displayed on an organization's revenue statement. Income and profit are calculated according to accrual accounting rules, which smooth out expenses and align revenues with the timing of when products and services are delivered.
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A local
manufacturing firm produces four different metal products, each ofwhich must be machined, polished and assembled. The specific time
requirements (in hours) for each product are as follows:
Machining,
hours
Polishing, hours Assembling,
hours
Product I 3 1 2
Product II 2 1 1
Product III 2 2 2
Product IV 4 3 1
The firm has available to it on weekly basis, 480 hours of machining time, 400 hours
of polishing time and 400 hours of assembling time. The unit profits on the productare Birr 360, Birr 240, Birr 360 and Birr 480, respectively. The firm has a contract
with a distributor to provide 50 units of product I, and 100 units of any combination
of products II and III each week. Through other customers the firm can sell each
week as many units of products I, II and III as it can produce, but only a maximum
of 25 units of product IV. How many units of each product should the firm
manufacture each week to meet all contractual obligations and maximize its total
profit? Make a mathematical model for the given problem. Assume that any
unfinished pieces can be finished the following week.
Explanation:
Ek meter triangle is so its side a
The production of the products is given below with the profit as well:
a. Production of Product 1 = 50 units per week
b. Production of Product 2 = 0 units per week
c. Production of Product 3 = 145 units per week
d. Production of Product 4 = 10 units per week
e. Total Profit = $1250 per week
What is the meaning of Production?The process of mixing several inputs, both material and immaterial, to produce output is known as production. Ideally, this output will consist of a product or service that is useful to people and has value.
Production of something is the act of creating something out of components or raw resources. In other words, manufacturing uses inputs to create an output that is suitable for consumption—a good or product with value for a consumer or end-user.
It refers specifically to something like a production process or its result in its most basic form. Economists refer to producing businesses as "producers." These companies manufacture products that they sell to customers. For instance, a garment business makes apparel for customers.
The goal of production is to meet the demand for such converted resources. Production is the organized process of transforming resources into finished products in the form of goods and services.
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Stock A has a beta of 0.5, and investors expect it to return 8%. Stock B has a beta of 1.5, and investors expect it to return 12%. Use the CAPM to calculate the market risk premium and the expected rate of return on the market. (Enter your answers as a whole percent.)
The market risk premium is 4% and expected rate of return is 7%. To use the CAPM, we must first calculate the market risk premium, which is the difference between the market's expected rate of return and the risk-free rate of return. To calculate the market risk premium, we subtract the expected rate of return on stock A (8%) from the expected rate of return on stock B (12%). This gives us a market risk premium of 4%.
The expected rate of return in the market can then be calculated by adding the market risk premium (4%) to the risk-free rate of return (which is usually assumed to be 3%). This gives us an expected rate of return on the market of 7%. Therefore, the market risk premium is 4% and the expected rate of return on the market is 7%.
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Which of the following statements regarding the process for determining a partnership’s tax year-end is false?
Multiple Choice
The least aggregate deferral test utilizes the partners’ profits interests to measure the amount of aggregate deferral.
Only the partners’ profits interests are relevant when determining if a partnership has a majority interest taxable year.
A partnership uses the tax year with the least aggregate deferral only if there is no majority interest tax year and the principal partners don’t have the same year-end.
Under the principal partners test, a principal partner is defined as a partner having an interest of 5% or more in the profits or capital of the partnership.
If a partnership has a majority interest taxable year, only the earnings interests of the partners are important.
Briefing:-The claim that "Only the partners' profits interests are significant for evaluating if a partnership has a majority interest taxable year" is untrue because both the profits and capital interests of the partners are taken into account.
Which tests should be used first to determine a partnership's year end?Explanation: In order to identify its proper year end, a partnership should take into account the following three tests: First is the majority interest tax year, second is the test for principle partners, and third is the least aggregate deferral.
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The difference between the price a consumer would be willing to pay for a cone of ice cream and the actual market price that she pays gives a measure of her
The difference between the price a consumer would be willing to pay for a cone of ice cream and the actual market price that she pays is a measure of her consumer surplus.
Consumer surplus is the difference between the maximum amount a consumer is willing to pay for a product or service and the actual price they pay. It is a measure of the benefit or satisfaction that a consumer receives when purchasing a good or service.
For example, if a consumer is willing to pay $5 for a cone of ice cream but only has to pay $3, the consumer surplus is $2. This $2 represents the benefit or satisfaction that the consumer receives, as they receive the good for a lower price than they were willing to pay for it.
Consumer surplus can be calculated by subtracting the price the consumer pays from the maximum amount the consumer is willing to pay for the good.
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in january 2024, hankins company purchased a patent at a cost of 215000. legal and filing fees of 58000 were paid to acquire the patent. hankins estimated a 10 year usful life for the patent and uses straight line amoritization method for all intangible assets. in january 2027, hankins spent 39000 in legal fees for an unsucessful defense the amount charged to income related to the patent should be
Intangibles, like physical assets, are documented at their purchase cost. When expenses are spent, the costs of internally created intangible assets, such as a patent developed via research and development, are recorded.
Legal fees to register or defend an intangible asset are an exception. For example, if a corporation incurs legal expenditures to defend a patent generated domestically, the costs of creating the patent are recorded as an expense, but the legal costs of defending the patent are capitalized as a patent intangible asset. Intangible asset amortization is handled differently from tangible asset depreciation. Intangible assets are normally amortized using the straight-line technique; there is no salvage value because the asset's usefulness is depleted during its lifespan, and no cumulative amortization account is required.
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as professional and service jobs have increased in number, higher-paid work requires more education and/or technical training, as well as ____.
As professional and service jobs have increased in number, higher-paid work requires more education and/or technical training, as well as excellent physical health.
What exactly does education mean?Education includes both the act of imparting knowledge to others and the process of learning something new. In addition to the institution of teaching as a whole, education also refers to the knowledge acquired through formal education or instruction. Other noun senses for the word "education" exist.
Where does education fit into our lives?Critical thinking is improved by education. This is crucial for instructing someone in using reasoning when making decisions and communicating with others (e.g., boosting creativity, enhancing time management). An individual's education helps them meet the requirements for entry-level jobs and increases their likelihood of getting better jobs.
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TRUE/FALSE. the job and duties of the sport public relations professional have changed because the public's view of sport has shifted from a focus on competition to a focus on entertainment spectacle.
The answer of the above statement is TRUE. The job and duties of the sport public relations professional have changed because the public's view of sport has shifted from a focus on competition to a focus on entertainment spectacle
What Is the Definition of Sports Public Relations?The only purpose of sports public relations is to improve and promote the image of individuals, companies, or teams through various media outlets. Jobs in sports public relations involve working with social, print, and internet media.
Furthermore, the discipline of sports management public relations is all about letting the athlete to concentrate on their game while the PR team takes care of the player's image. They work to improve the player's public image potential.
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the is too powerful to be changed very often because a small change is magnified throughout the banking system. (check all that apply)
Reserve ratio is too powerful to be changed very often because a small change is magnified throughout the banking system.
How much reserve do you have?The reserve ratio is the percentage of reservable liabilities that commercial banks are required to hold onto and refrain from lending to or investing in. The requirement is set by the nation's central bank, in this case the Federal Reserve in the United States. The cash reserve ratio is another name for it.
A reserve ratio of 10%, what does that mean?When the required reserve ratio is 10%, banks are required to retain 10% of their deposits as needed reserves. If deposits total $20 million, then $2 million ($20 million multiplied by. 10) must be kept in reserve. Reserves that are in excess of what is necessary are called excess reserves.
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Categorize the domestic policies under President George W. Bush. Drag each component to its policy goal.
stimulating economic growth or recovery
closing education achievement gap
- bailouts
- No Child Left Behind
- tax cuts
- vouchers
Under domestic policies of President George W. Bush, bailout and tax cut fall under economic growth or recovery, while No child left behind and voucher fall under closing education achievement gap category.
What are the domestic policies of President George W. Bush?The Jobs and Growth Tax Relief Reconciliation Act of 2003 and the Economic Growth and Tax Relief Reconciliation Act of 2001 were two of President George W. Bush's domestic programs that reduced two significant levies.
Bailouts and tax reductions go under the heading of promoting economic development or recovery, whereas No Child Left Behind and voucher programs fall under the heading of bridging the achievement gap in education.
So, although No Child Left Behind and vouchers go under the bridging school performance gap category, bailout and tax cuts fall under economic growth or recovery.
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Refer to Exhibit 4-9. Suppose that the government imposes a price ceiling at a price of $10. _________ units would be exchanged in a free market, and ____________ units would be exchanged with the price ceiling in effect.
150; 220
150; 70
150; 90
110; 180
150; 90
Let's say the government sets a $10 price cap as the most it will allow. In a free market, 150 units would be traded, whereas 90 units would be traded if the price ceiling were in place. The right response in this case is option E.
The presence of a price cap indicates that the government has put a cap on the highest price that may be demanded for an item or service. In order to prevent customers from paying inflated costs, this is done.
The government has imposed a $10 price cap in the scenario you outlined, yet the good's free market price is greater. The good is exchanged in a quantity of 90 units with the price ceiling in place.
This is due to the price ceiling, which prevents sellers from producing as much of the item at the lower price while buyers are eager to buy more of it. Since of this, there is scarcity because there is not enough of the product to satisfy the rise in demand.
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The contract curve - Pareto efficiency within the Edgeworth box Hubert and Kate are friends who just came back from trick-or-treating. In the following Edgeworth box, Hubert and Kate's initial endowments of Snickers bars and Skittles are represented by point A. Kate's initial indifference curve is given by the inverted purple curve passing through this point, and Hubert's initial indifference curve is given by the blue curve passing through this point. Both Hubert's and Kate's utility increases as they consume more Snickers bars and Skittles. Use the black line segments (plus symbol) to draw the line representing the contract curve. (Hint: The curve should be made up of six points, starting the origin of either Hubert's or Kate's axis.) Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically. Which of the following statements accurately describe the situation shown on the preceding graph? Check all that apply. O If Kate somehow were to end up with all the Snickers bars and all the Skittles, the allocation would be Pareto efficient. O Even if Kate and Hubert engage in trade, they may remain at point A. O The contract curve is independent of the initial allocation of the endowment.
The contract curve in an Edgeworth box diagram is the collection of places where the indifference curves of the two persons are tangent. The marginal rate of substitution is known to be equal to the slope of the indifference curves.
The Edgeworth Francis Edgeworth (1845-1926) offered a number of mathematical techniques, including calculus, for examining economic and political challenges, and he was likely among the first to apply sophisticated mathematics to explore ethical dilemmas. box explores a two-person, two-good "trade economy." That is, two persons have utility functions for two things as well as endowments for the two goods. The Edgeworth box is a graphical depiction of this people's trade difficulty, and it also allows for a simple solution to their exchange problem. Person 1 is "placed" in the lower left (southwest) corner, and Person 2 in the upper right (northeast) corner. The X good is supplied on the horizontal axis, and the Y good is given on the vertical.
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Use the following graph to answer the next question.
The horizontal axis is labeled quantity of money and from left to right lists labels as Q3, Q1, and Q2. The vertical axis is labeled rate of interest (percent). Three decreasing lines labeled Dm3, Dm1, and Dm2 intersect three parallel lines from Q3, Q1, and Q2 at the horizontal axis, labeled from left to right as Sm3, Sm1, and Sm2. The points of intersection of all the curves are marked as follows. Sm1 and Dm1 is marked as A. Sm3 and Dm1 is marked as B. Sm1 and Dm2 is marked as C. Sm2 and Dm2 is marked as D. Sm3 and Dm3 is marked as E. Sm1 and Dm3 is marked as F. Sm2 and Dm1 is marked as G. Sm2 and Dm3 is marked as H. Sm3 and Dm2 is marked as I.
The graph shows the supply and demand for money where Dm1, Dm2, and Dm3 represent different demands for money and Sm1, Sm2, and Sm3 represent different levels of the money supply. The initial equilibrium point is A. What will be the new equilibrium point following an autonomous increase in the asset demand for money?
Following a spontaneous rise in the asset demand for money, Sm2 will become the new equilibrium point.
Quantity of money is identified on the horizontal axis equilibrium point , with the labels Q3, Q1, and Q2 listed from left to right. The interest rate is indicated on the vertical axis (percent). At the horizontal axis, three parallel lines from Q3, Q1, and Q2—labeled Sm3, Sm1, and Sm2—intersect three decreasing lines Dm3, Dm1, and Dm2 from left to right. All of the bends' intersection points are indicated by the following markings. Sm1 and Dm1 are designated as A. Sm3 and Dm1 are designated as B. Sm1 and Dm2 are designated as C. D is noted next to Sm2 and Dm2. Sm3 and Dm3 are designated as E. Sm1
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according to the i/o view, competitive advantage is determined by an organization's positioning in the industry. true or false
According to the i/o approach, a company's location within its industry determines its competitive advantage. false
A corporation, frequently abbreviated as "co.," is a legal designation for a collection of individuals with a shared objective who may be either natural, legal, or a combination of the two. The company's employees cooperate for a common goal in order to achieve clearly defined objectives. Nonprofit organizations, nonprofit associations, for-profit enterprises, financial institutions, banks, programs, and educational institutions are just a few examples of the many various forms that companies can take. A company may be incorporated as legal entity so that the company itself has limited responsibility as members fulfill or fail to fulfill their obligations in accordance with the publicly announced incorporation, or published policy. After a business has closed, it could be essential to liquidate it in order to pay off any outstanding debts.
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According to the i/o approach, a company's location within its industry determines its competitive advantage. false
A corporation, frequently abbreviated as "co.," is a legal designation for a collection of individuals with a shared objective who may be either natural, legal, or a combination of the two. The company's employees cooperate for a common goal in order to achieve clearly defined objectives. Nonprofit organizations, nonprofit associations, for-profit enterprises, financial institutions, banks, programs, and educational institutions are just a few examples of the many various forms that companies can take. A company may be incorporated as legal entity so that the company itself has limited responsibility as members fulfill or fail to fulfill their obligations in accordance with the publicly announced incorporation, or published policy. After a business has closed, it could be essential to liquidate it in order to pay off any outstanding debts.
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Daniel is working on a project where he needs to anticipate future events and conditions, as well as avoid costly mistakes. Daniel is engaged in the _____ managerial function.
Daniel is working on a project that requires him to foresee potential problems and circumstances as well as to steer clear of costly errors. Daniel is working in the managerial planning role.
How does management fit into the planning process?Managers plan, organize, direct, and control resources with the aim of achieving specific goals. By establishing them during planning, they choose how to carry out their objectives. Putting the company's objectives into practice involves allocating resources (people, money, and equipment).
Choosing a strategy for achieving objectives and choosing goals is part of the planning management activity. In order to make effective plans, managers must anticipate future circumstances and comprehend the environmental challenges that their company is currently facing.
One of the main roles of managers is managerial planning. Some would argue that the most important position in a firm is planning because it controls and directs all operational actions.
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Chrysler Corporation provides support and incentives for its Chrysler, Dodge, and Jeep dealers. Through a multi-level program, Chrysler provides incentives to reward dealers for meeting sales goals. Dealers receive an incentive when they are near a goal, another when they reach a goal, and a larger incentive if they exceed sales projections. All of these actions are intended to encourage Chrysler dealers to __________ the Chrysler products through the channel to consumers.
answer is push. All of these activities are meant to encourage Chrysler dealers to promote Chrysler products via the channel to consumers.
Walter Chrysler formed the original Chrysler Corporation in 1925 from the remnants of the Maxwell Motor Company. It was purchased by Daimler-Benz, which renamed itself DaimlerChrysler in 1998. After Daimler sold Chrysler in 2007, the firm was known as Chrysler LLC (2007-2009) and Chrysler Group LLC (2009-2014) until being bought by Fiat S.p.A. and merged into the newly established Fiat Chrysler Automobiles ("FCA") in 2014. In 2021, Chrysler becomes a subsidiary of Stellantis, the corporation founded by the merging of FCA and PSA Group (Peugeot Société Anonyme). Walter Chrysler adopted the General Motors brand diversification and hierarchy plan that he had been familiar with while working in General Motors' Buick division.
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according to saul gellerman, unethical behavior may begin with four basic rationalizations. which of the following is not one of them? group of answer choices a belief that the unethical behavior is within ethical and legal limits a belief that because the chosen behavior will work for the best interest of either the individual or the organization, the organization would expect that it be carried out a belief that the behavior will not matter even if it is noticed a belief that because the chosen behavior helps the company, the company will go along with it and protect the person
Unethical behavior may begin with four basic rationalizations. The organization would expect that it be carried out a belief that the behaviour will not matter even if it is noticed is not one of them.
What does ethics mean by rationalisation?
Invented justifications are used to cover up or downplay real motives, causes, or behaviours. They are the justifications people use to justify not upholding their own moral standards. My actions are not actually unlawful or immoral. The best interests of everyone are served by my activity. I won't let anyone know what I did. The corporation will support me and defend my behaviour. These are the justifications.
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The general fund of Hatteras acquired a fire truck during the fiscal year ended June 30, 20X9. The purchase order for the fire truck was recorded on February 15, 20X9. Hatteras' acquisition of the fire truck required which of the following sequences of accounting activities?
I. Appropriation.
II. Encumbrance.
III. Expenditure.
If the purchase order for the fire truck was recorded on february 15, 20X9,Hatteras' acquisition of the fire truck required encumbrance
What is encumbrance?A financial use restriction is known as an encumbrance. It is employed in public accounting to confirm that there are enough resources to fulfil specific responsibilities.When a Purchase Order (PO), Travel Authorization (TA), or Pre-Encumbrance (PE) document is finalised, a specific type of transaction is created on the General Ledger. The encumbrance deal demonstrates a remarkable dedication on the part of a business.Obligations of all or a portion of an allocation are known as encumbrances. Unpaid contracts or unfulfilled purchase orders are recognised as outstanding encumbrances, and when goods and services are acquired, these obligations will be recorded as expenditures.When a claim is made against a piece of property, a real estate agent will use an encumbrance certificate. For instance, it is applied when a tax lien prevents the property from being transferred to a new owner. The encumbrance limits the rules that the property must follow, such as zoning regulations or restrictions on the kinds of building that may be done there.
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Gantner Company is considering a capital investment of $300,000 in additional productive facilities. The new machinery is expected to have a useful life of 5 years with no salvage value. Depreciation is computed by the straight-line method. During the life of the investment, annual net income and cash inflows are expected to be $27,000 and $87,000, respectively. Gantner Ios a 12% cost of capital rate, which is the minimum acceptable rate of return on the investment, TABLE4 Present Value of an Annuity of 1 (n) Payments 1 2 3 4 5 4% .96154 1.88609 2.77509 3.62990 4.45182 5.24214 6.00205 6.73274 7.43533 8.11090 8.76048 9.38507 5% .95238 1.85941 2.72325 3.54595 4.32948 5.07569 5.78637 6.46321 7.10782 7.72173 8.30641 8.86325 6% 94340 1.83339 2.67301 3.46511 4.21236 4.91732 5.58238 6.20979 6.80169 7.36009 7.88687 8.38384 7% 8% 99 10% 11% 12% 15% 0.93458 .92593 .91743 .90909 .90090 .89286 .86957 1.80802 1.78326 1.75911 1.73554 1.71252 1.69005 1.62571 2.62432 2.57710 2.53130 2.48685 2.44371 2.40183 2.28323 3.38721 3.31213 3.23972 3.16986 3.10245 3.03735 2.85498 4.10020 3.99271 3.88965 3.79079 3.69590 3.60478 3.35216 4.76654 4.62288 4.48592 4.35526 4.23054 4.11141 3.78448 5.38929 5.20637 5.03295 4.86842 4.71220 4.56376 4.16042 5.97130 5.74664 5.534825.33493 5.146124.96764 4.48732 6.51523 6.24689 5.99525 5.75902 5.53705 5.32825 4.77158 7.02358 6.71008 6.41766 6.14457 5.88923 5.650225.01877 7.49867 7.13896 6.80519 6.49506 6.206525.93770 5.23371 7.94269 7.53608 7.16073 6.81369 6.49236 6.19437 5.42062 GAR 6 7 8 9 10 11 12 acer Compute the annual rate of return. Annual rate of return % Compute the cash payback period on the proposed capital expenditure. (Round answer to 2 decimal places, eg. 15.25. Cash payback period years Using the discounted cash flow technique, compute the net present value. (Use the above table. (Round factor value decimal places, eg. 1.25124 and final answer to O decimal places, eg. 5,275.) Net present value O acer Using the discounted cash flow technique, compute the net present value. (Use the above table.) (Round factor von decimal places, eg. 1.25124 and final answer to 0 decimal places, eg. 5,275.) Net present value $ Save for Later Attempts: 0 of 1 used acer Gantner Company is considering a capital investment of $300,000 in additional productive facilities. The new machinery is expected to have a useful life of 5 years with no salvage value. Depreciation is computed by the straight-line method. During the life of the investment, annual net income and cash inflows are expected to be $27,000 and $87,000, respectively. Gantner has a 12% cost of capital rate, which is the minimum acceptable rate of return on the investment. TABLE4 Present Value of an Annuity of 1 Payments 1 2 3 4 5 596 .95238 1.85941 2.72325 3.54595 4.32948 5.07569 5.78637 6.46321 7.10782 7.72173 8.30641 8.86325 9,39357 4% .96154 1.88609 2.77509 3.62990 4.45182 5.24214 6.00205 6.73274 7.43533 8.11090 8.76048 9.38507 98565 6% 94340 1.83339 2.67301 3.46511 4.21236 4.91732 5.58238 6.20979 6.80169 7.36009 7.88687 8.38384 8.85268 7% 8% 9% 10% 11% 12 15% 0.93458 .92593 .91743 .90909 90090 .89286 .86957 1.80802 1.78326 1.75911 1.73554 1.71252 1.69005 1.62571 2.62432 2.57710 2.53130 2.48685 2.44371 2.40183 2.28323 3.38721 3.31213 3.23972 3.16986 3.10245 3.03735 2.85498 4.10020 3.99271 3.88965 3.79079 3.69590 3.60478 335216 4.76654 4.62288 4.48592 4.35526 4.23054 4.11141 3.78448 5.38929 5.20637 5.03295 4.86842 4.71220 4.56376 4.16042 5.97130 5.74664 5.53482 5.33493 5.146124.96764 4.48732 6.51523 6.24689 5.99525 5.759025.53705 5.32825 4.77158 7.02358 6.71008 6.41766 6.14457 5.88923 5.650225.01877 7.49867 7.13896 6.80519 6.49506 6,20652 5.93770 5.23371 7.94269 7.53608 7.16073 6.81369 6.49236 6.19437 5.42062 8.35765 7.00378748690710336 6.74987642355 558315 6 7 8 9 10 11 12 13 O acer
Using the discounted cash flow technique, the net present value will be $13616 , the annual rate of return % will be9% and Cash payback period years is 3.45.
Annual rate of return = Annual income/Initial investment/100
27000/300000*100= 9%
Cash back period= Initial investment /annual cash-flow
300000/87000=3.45 years.
Cash inflow= annual cash flow + annuity value= 313616
Net present value= Cash inflow(313616)- initial investment(300000) =13616
What Is NPV?
The difference between the current value of cash inflows and withdrawals over a period of time is known as net present value (NPV). To evaluate the profitability of a proposed investment or project, NPV is used in capital budgeting and investment planning.
Is a higher or lower NPV better?
The project is not a good one if the NPV is negative. It will eventually cause the company to run out of money. If it's affirmative, the project ought to be approved. The benefit to the company is greater the higher the positive figure.
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mary is a construction worker with a larger firm. she really enjoys the hands-on work and the good pay. however, her friends and family do not view her career favorably. this is likely because
Mary works for a larger company as a construction worker. She appreciates the practical work and the decent compensation a lot.
Why is it becoming more common for businesses to hire older workers, especially on a part-time basis?Older workers have more hours flexibility. Older workers' experience is valuable to them. Older workers may or may not require certain perks, which could lower their cost of employment.
A person's need to find meaning in their work is greatly influenced by what they do for a career. People who start and stay in the same career for their entire lives are covered by Super's theory. Raising expectations for oneself is a powerful technique to help employees combat burnout.
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ABC Company was established this year to produce and sell toys. The company has the following operating results for the year. Total Sales ...................................................................................50,000units Total Variables cost......................................................................100,000 birr Selling Price ................................................................................3 birr Total cost is 75% of total revenue. Assuming linearity, answer the following questions. a) How much is the amount of the fixed cost? b) Develop the total revenue, total cost and total profit equation in terms of quantity. c) Determine the breakeven point.
This was a bit tricky but here is my answer:
To answer these questions, we need to first make some assumptions and perform some calculations. Here is how I would approach this problem:
First, we need to assume that the total cost mentioned in the problem is the sum of the variable cost and the fixed cost. Based on this assumption, we can calculate the fixed cost as follows:
Total cost = 75% of total revenue
Total cost = 75% * 50,000 units * 3 birr/unit
Total cost = 112,500 birr
From this, we can calculate the fixed cost as follows:
Fixed cost = Total cost - Total variable cost
Fixed cost = 112,500 birr - 100,000 birr
Fixed cost = 12,500 birr
Next, we can use this information to develop the total revenue, total cost, and total profit equations in terms of quantity. These equations can be written as follows:
Total revenue = Quantity * Selling price
Total cost = Fixed cost + (Quantity * Variable cost)
Total profit = Total revenue - Total cost
Finally, we can use these equations to determine the breakeven point, which is the quantity at which the total profit is zero. To find the breakeven point, we can set the total profit equation equal to zero and solve for Quantity. This yields the following result:
Total profit = 0
Total revenue - Total cost = 0
Quantity * Selling price - Fixed cost - (Quantity * Variable cost) = 0
Quantity * (Selling price - Variable cost) = Fixed cost
Quantity = Fixed cost / (Selling price - Variable cost)
Quantity = 12,500 birr / (3 birr - 100,000 birr/unit)
Quantity = 0.000125 units
Therefore, the breakeven point is 0.000125 units. This means that ABC Company must sell at least 0.000125 units of its toys in order to break even and avoid making a loss.