Patents are on the books of a British subsidiary of a U.S. firm at a value of 50,000 pounds. The patents were acquired in 2017 when the exchange rate was 1 pound = $1.50. The British subsidiary was acquired by the U.S. firm in 2019 when the exchange rate was 1 pound = $1.40. The exchange rate on December 31, 2020, the date of the most current balance sheet, is 1 pound = $1.55. The average rate of exchange for 2020 is $1.53. Assuming the dollar is the functional currency of the subsidiary, what exchange rate will be used to re-measure patents for the consolidated statements dated December 31, 2020?

Answers

Answer 1

Answer:

The exchange rate that will be used to re-measure patents for the consolidated statements dated December 31, 2020 is:

= 1 pound = $1.55.

Explanation:

a) Data and Calculations:

Patents on the books of a British subsidiary = 50,000 pounds

Patent's acquisition date = 2017 at 1 pound = $1.50

Subsidiary's acquisition date = 2019 at 1 pound = $1.40

Current exchange rate, most current balance sheet on December 31, 2020 = 1 pound = $1.55.

Average rate of exchange for 2020 is $1.53

Value of Patent for the consolidated accounts = $77,500 (50,000 pounds * $1.55)

b) The accounting standard rule is that assets and liabilities of subsidiaries should be consolidated at the current exchange rates.  Business transactions are translated at the average rate of exchange for the year.  For equity accounts, you can use either the current or historical exchange rates.


Related Questions

Five-A-Day, a company that produces and distributes organic vegetables for grocery stores, wants to market its vegetables in such a way that children will want to buy them. To accomplish this, the company creates an advertising campaign that features children dressed up in vegetable costumes attending a Halloween party and eating vegetables and dips as a snack. The company also packages cut up vegetables in grab-and-go containers in fun shapes and colorful designs to attract children's attention in the grocery store. Which marketing function does this scenario most closely described

Answers

Answer:

Selling

Explanation:

The marketing function that best describes this scenario is defined selling.

This is a strategy that the company uses when it wants to sell its product or service to a specific audience, in the case of the issue the audience is children. To this end, the company develops communication strategies that reach its target audience, such as developing advertising campaigns, using symbols and messages aligned with the tastes, desires and needs of its potential audience, to influence the choices, identification and process of purchase.

The air pollution could be reduced if the company spent $10,000 on upgraded ventilators. The company agrees to install the ventilators if the affected families contribute the $10,000. However, because individuals will benefit from the reduction in air pollution whether they contribute or not, most people will not contribute and the firm will not install the ventilators. This outcome is an example of the

Answers

Answer:

free rider problem

Explanation:

The air pollution constitutes a negative externality

A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.

Government can regulate the amount of externality produced by placing an upper limit on the amount of negative externality permissible

Free rider is when some people benefit from the solution proffered but do not pay to enjoy these benefits  

eva always wanted to be a veterinarian

Answers

Good for Eva then. lol

Woolsey Corporation, a US company, expects to sell gods to a foreign customer at a price of 250,000 FC, with delivery and payment to be made on October 24, 2020. On July 24, 2020, Woolsey purchased a three-month put option for 250,000 FC and designated this option as a cash flow hedge of a forecasted foreign currency transaction expected to be completed in late October 2020. Assume that the transaction occurs on October 24, 2020 as expected. The option cost $4,000 and has a strike price of $2.17 per FC. The following spot exchange rates apply:

Answers

Answer:

$10,000 positive.

Explanation:

The computation of the amount that should be included is shown below:

= (Option strike price - spot rate) × purchased put options

= ($2.17 - $2.13) × 250,000

= $10,000

As the spot rate is less than the strike price so automatically there is a gain of $10,000:

Todd has a $100,000 25-year mortgage with a 12% nominal interest rate convertible monthly. The first payment is due one month after the mortgage is taken out. Twelve years after taking out the mortgage (after making his 144th payment), he refinances with a new nominal interest rate of 8%, again convertible monthly. The new mortgage will be paid off on the same date as the original one. Calculate the difference in the monthly mortgage payment after refinancing.

Answers

Answer:

The right solution is "$178.86".

Explanation:

The given values are:

Interest rate,

= 10%

New nominal interest rate,

= 8%

Years,

= 24

As per the question,

On the original loan, the annul installments will be:

=  [tex]100000\times 0.01\times 1.01^{\frac{300}{1.01^{300-1}}}[/tex]

=  [tex]1053.22[/tex] ($)

As we know,

The remaining 156 instalments are charged throughout the PV after the 144th deposit,

=  [tex]1053.22\times \frac{(1.01^{156-1})}{(0.01\times 1.01^{156}})[/tex]

=  [tex]83,017.90[/tex] ($)

On the refinanced loan, the annul installments will be:

=  [tex]83017.90\times 0.01\times \frac{1.01^{300}}{(1.01^{300-1})}[/tex]

=  [tex]874.36[/tex] ($)

hence,

After refinancing, the difference in mortgage will be:

=  [tex]Annual \ installment \ on \ original \ loan-Annual \ installment \ on \ refinanced \ loan[/tex]

=  [tex]1053.22-874.36[/tex]

=  [tex]178.86[/tex] ($)

There are some excellent free personal finance apps available: Mint, GoodBudget, Mvelopes, BillGuard, PocketExpense, HomeBudget, and Expensify. After using Mint, you realize you need to pay off one of your high interest loans to reduce your interest expense. You decide to discount a $5,250, 345-day note at 3% to your bank at a discount rate of 4.5% on day 210. What are your proceeds

Answers

Answer: $5309.86

Explanation:

The proceeds will be calculated as:

Face value of note = $5250

Interest rate = 3%

Note tenure = 345

Number of days used = 360

Outstanding interest on note = $5250 × 3% × 345/360 = $150.94

Gross Proceeds = $5250 + $150.94 = $5400.94

Bank Discount rate = 4.5%

Discounting days = 210

Time if maturity left = 345 - 210 = 135

Discount rate for 135 days = 4.5%/360 × 135 = 1.69%

Discount value = $5400 × 1.69% = $91.14

Net proceeds after discount = $5400 - $91.14 = $5309.86

jasmine has too many files in her math folder and can't easily find her class notes. what should she do to help her find her notes easily?

Answers

Answer:

used folders or sticky notes in a binder. Notes saying what they are help too.

Explanation:

On January 1, Year 1, Canseco Plumbing Fixtures purchased equipment for $52,000. Residual value at the end of an estimated four-year service life is expected to be $4,000. The company uses the straight-line method. For how much would each item below be reported at the end of Year 2?

Answers

Answer:

Reported for Year 2 will be :

Depreciation Expense = $12,000

Accumulated Depreciation = $24,000

Book Value = $28,000

Explanation:

Straight line method charges a fixed amount of depreciation for the period that the asset is in use in the business.

Depreciation Charge = (Cost - Salvage Value) ÷ Estimated Useful Life

therefore,

Depreciation Charge = ($52,000 - $4,000) ÷ 4

                                     = $12,000

we know that,

Accumulated depreciation = Sum of all depreciation to date

and

Book Value is the Costs less Accumulated depreciation

thus,

Balances for the Next 2 years will be as follows

Year 1

Depreciation Expense = $12,000

Accumulated Depreciation = $12,000

Book Value = $40,000

Year 2

Depreciation Expense = $12,000

Accumulated Depreciation = $24,000

Book Value = $28,000

Journalize the following selected transactions for January. Journal entry explanations may be omitted.

Jan.
1 Received cash from the sale of common stock, $14,000.
2 Received cash for providing accounting services, $9,500.
3 Billed customers on account for providing services, $4,200.
4 Paid advertising expense, $700.
5 Received cash from customers on account, $2,500.
6 Paid dividends, $1,010.
7 Received telephone bill, $900.
8 Paid telephone bill, $900.

Answers

Answer and Explanation:

The journal entries are shown below:

On Jan 1

Cash $14,000

     To Capital owner $14,000

(being cash received)

On Jan 2

Cash $9,500

    To Account service revenue $9,500

(being cash received)

On Jan 3

Account receivable $4,200

       To Service revenue $4,200

(being service provided on account)

On Jan 4

Advertising expense $700

       To Cash $700

(being cash paid is recorded)

On Jan 5

Cash $2,500

       To Account receivable $2,500

(being cash received)

On Jan 6

Owner drawings $1,010

       To cash $1,010

(being cash paid is recorded)

On jan7

Telephone expense $900

      To Account payable   $900

(Being telephone bill received)

On Jan 8

Account payable $900

         To cash

(being cash paid is recorded)

Adjusted Trial Balance
Account Title Debit Credit
Cash 1,500
Accounts Receivable 1,460
Prepaid Insurance 800
Supplies 900
Equipment 5,500
Accumulated Depreciation-Equipment 550
Accounts Payable 1,300
Wages Payable 760
Owner, Capital 6,550
Owner, Drawing 1,400
Service Revenue 8,900
Wages Expense 3,000
Rent Expense 1,500
Supplies Expense 900
Utilities Expense 600
Depreciation Expense—Equipment 500
18,060 18,060

Required:
From the above adjusted trial balance, journalize the necessary closing entries.

Answers

Answer:

a. Dr Service Revenue $8,900

Cr Income Summary $8,900

b. Dr Income Summary $6,500

Cr Wages Expense $3,000

Cr Rent Expense $1,500

Cr Supplies Expense $900

Cr Utilities Expense $600

Cr Depreciation Expense Equipment $500

c. Dr Income Summary $2,400

Cr Owner, Capital $2,400

d. Dr Owner, Capital $1,400

Cr Owner, Drawing $1,400

Explanation:

Preparation of the Closing Entries

a. Dr Service Revenue $8,900

Cr Income Summary $8,900

b. Dr Income Summary $6,500

($3,000+$1,500+$900+$600+$500)

Cr Wages Expense $3,000

Cr Rent Expense $1,500

Cr Supplies Expense $900

Cr Utilities Expense $600

Cr Depreciation Expense Equipment $500

c. Dr Income Summary $2,400

($8,900-$6,500)

Cr Owner, Capital $2,400

d. Dr Owner, Capital $1,400

Cr Owner, Drawing $1,400

Compute the current ratio for the fiscal years ending January 31, 2016, and February 1, 2015. a-2. Compute the quick ratio for the fiscal years ending January 31, 2016, and February 1, 2015. a-3. Compute the amount of working capital for the fiscal years ending January 31, 2016, and February 1, 2015. a-4. Compute the percentage change in working capital from the prior year for the fiscal years ending January 31, 2016, and February 1, 2015. a-5. Compute the percentage change in cash and cash equivalents from the prior year for the fiscal years ending January 31, 2016, and February 1, 2015.

Answers

Answer:

a1: January 31, 2016 Current ratio 1.357

February 1, 2015 1.358

a2: Quick ratio January 31, 2016 0.414

February 1, 2015 0.375

a3: Working capital January 31, 2016 4,467

February 1, 2015 4,033.

a4: % change in working capital in 2016 10.76%

% change in working capital in 2015 -10.97%

a5: % change in cash and cash equivalents in 2016 28.61%

% change in cash and cash equivalents in 2015 -10.68%

Explanation:

a1. Computation for Current ratio using this formula

Current ratio = current assets/current liabilities.

Let plug in the formula

Ratio for fiscal year ending January 31, 2016 = 16993/12526

Ratio for fiscal year ending January 31, 2016 = = 1.357

Ratio for the fiscal year ending February 1, 2015 = 15302/11269

Ratio for the fiscal year ending February 1, 2015 = 1.358

a2. Computation for Quick ratio using this formula

Quick ratio = (Total current assets – inventory – prepaid expenses)/current liabilities.

Let plug in the formula

Ratio for fiscal year ending January 31, 2016 = (16993-11809)/12526

Ratio for fiscal year ending January 31, 2016= 0.414

Ratio for the fiscal year ending February 1, 2015 = (15302-11079)/11269

Ratio for the fiscal year ending February 1, 2015 = 0.375

a3. Computation for Working capital using this formula

Working capital = current assets – current liabilities

Let plug in the formula

Working capital for fiscal year ending January 31, 2016 = 16993-12526

Working capital for fiscal year ending January 31, 2016= 4,467.

Working capital for the fiscal year ending February 1, 2015 = 15302-11269

Working capital for the fiscal year ending February 1, 2015= 4,033.

a4. Computation for % change in working capital in 2016 from prior year

% change in working capital in 2016 from prior year = (4467-4033)/4033

% change in working capital in 2016 from prior year = 10.76%

% change in working capital in 2015 from prior year = (4033-4530)/4530

% change in working capital in 2015 from prior year = -10.97%

a5. Computation for % change in cash and cash equivalents in 2016 from prior year

% change in cash and cash equivalents in 2016 from prior year= (2216-1723)/1723

% change in cash and cash equivalents in 2016 from prior year= 28.61%

% change in cash and cash equivalents in 2015 from prior year = (1723-1929)/1929

% change in cash and cash equivalents in 2015 from prior year= -10.68%

Finlay, Inc., issued 10,000 shares of $51 par value preferred stock at $69 per share and 14,000 shares of no-par value common stock at $10 per share. The common stock has no stated value. All issuances were for cash. a. Prepare the journal entries to record the share issuances. b. Prepare the journal entry for the issuance of the common stock assuming that it had a stated value of $5 per share. c. Prepare the journal entry for the issuance of the common stock assuming that it had a par value of $1 per share.

Answers

Answer and Explanation:

The journal entries are shown below;

a. Cash  (10000 × $69) $690,000  

         To Preferred stock (10000 × $51) $510,000

         To Additional paid in capital $180,000

(Being issuance of the preferred stock is recorded)

Cash (14000 × $10) $140,000  

         To Common stock no par value  $140,000

(being issuance of the common stock is recorded)

b.  

Cash $140,000  

       To Common stock stated value (14000  ×$5) $70,000

       To Paid in capital in excess of stated value $70,000

(being issuance of the common stock is recorded)

c.  

Cash $140,000  

       To Common stock at par (14000 × $1)  $14,000

        To Paid in capital in excess of par $126000

(being issuance of the common stock is recorded)

Below are amounts found in the income statements of three companies.

Company Sales Revenue Cost of Goods Sold Operating Expenses Non-operating Expenses Income Tax Expense
Henry $12,000 $3,000 $4,000 $1,000 $1,000
Grace 15,000 10,000 6,000 3,000 0
James 20,000 12,000 2,000 0 2,000

Required:
a. For each company, calculate (a) gross profit, (b) operating income, (c) income before income taxes, and (d) net income.
b. For each company, calculate the gross profit ratio and indicate which company has the most favorable ratio.

Answers

Answer:

Explanation:

Below are amounts found in the income statements of three companies.

8. A relatively small grocery store chain operates 35 stores in three New England states. Recently, the organization has been facing intensified competition from resource-rich dominant players like Kroger and Walmart, new players with innovative services like Amazon, and new low-cost leaders like Aldi. This small chain is seeing declining sales because it cannot offer consumers the same or better products, services, or prices as any of these competitors. Which type of interorganizational relationship does this describe

Answers

Answer:

- Population ecology.

Explanation:

'Population ecology' is characterized as the kind of inter-organizational association in which asserts that the dynamic changes takes places in the level of population as an outcome of the selection of their organization and its failure to replace with the evolution/change in the environment. As per Hannan & Freeman's theory of organizational ecology, an organization(like the grocery store in the given situation) faces decline in sales due to their selection of the orgnaization as the structural inertia of the orgnaization does not allow it to adapt the environmental changes and the changes in demands of the population.

How does implementing change affect strategic relationship management?
A. It upsets the balance between the needs of key positions.
ОО
B. There is very little impact on relationship management.
O C. Change doesn't impact internal relationships.
O D. It makes fewer resources available to satisfy stakeholders.

Answers

Answer:

A it upsets the balance

Explanation:

Answer:a

Explanation:

it upsets the balance

The residents of Vegopia spend all of their income on cauliflower, broccoli, and carrots. In 2020, they spend a total of $200 for 100 heads of cauliflower, $75 for 50 bunches of broccoli, and $50 for 500 carrots. In 2021, they spend a total of $225 for 75 heads of cauliflower, $120 for 80 bunches of broccoli, and $100 for 500 carrots. (25 points) a. Calculate the price of one unit of each vegetable in each year. b. Using 2020 as the base year, calculate the CPI for each year. c. What is the inflation rate in 2021?

Answers

Answer:

siy-epdv-fwo join on meet

Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $48,400. The machine's useful life is estimated at 10 years, or 394,000 units of product, with a $9,000 salvage value. During its second year, the machine produces 33,400 units of product.

Required:
Determine the machine's second-year depreciation using the units-of-production method.

Answers

Answer:

$3,340

Explanation:

Step 1  : Determine the Depreciation rate

Depreciation rate = Cost - Salvage Value ÷ Estimated Units

Depreciation rate = $0.10

Step 2 : Depreciation Expense

Depreciation Expense = Depreciation rate x units produced

Depreciation Expense = $3,340

Therefore,

the machine's second-year depreciation using the units-of-production method is $3,340

Explain why the U.S. demand for Mexican pesos is downsloping and the supply of pesos to Americans is upsloping. Assuming a system of flexible exchange rates between Mexico and the United States, indicate whether each of the following would cause the Mexican peso to appreciate or depreciate, other things equal: LO3 a. The United States unilaterally reduces tariffs on Mexican products. b. Mexico encounters severe inflation. c. Deteriorating political relations reduce American tourism in Mexico. d. The U.S. economy moves into a severe recession. e. The United States engages in a high-interest-rate monetary policy. f. Mexican products become more fashionable to U.S. consumers. g. The Mexican government encourages U.S. firms to invest in Mexican oil fields. h. The rate of productivity growth in the United States diminishes sharply.

Answers

Answer:

A. Appreciate - Mexican goods cheaper, US demand increase

B. Depreciate - high inflation raises price Mexican goods and US demand falls. Supply increases due to cheaper US goods

C. Depreciate - reduction of tourism reduces demand for peso

D. Depreciation - recession reduces imports from ME and decreases demand

E. Depreciate - high interest rate attract ME investors. Increase demand for US dollar and supply peso

F. Appreciate - US purchase pesos to invest in ME. Demand increases

H. Appreciate - decline in productivity reduces US investment. Decrease supply of pesos

Explanation:

The U.S demand for Mexican pesos is downward sloping which implies negative relation between exchange rate (price of per unit mexican pesos in terms of dollars) and demand for mexican pesos. When this price increases (U.S currency depreciates) the import from Mexico becomes expensive by U.S residents, therefore they would import less and hence lower demand of mexican pesos. Similarly the import from Mexico increases this implies more demand of mexican pesos when price of mexican pesos falls (U.S currency appreciates).

The supply of Mexican pesos to Americans is upward sloping because of positive relationship between price of mexican pesos in terms of U.S dollars and supply of mexican peso. when this price increases (U.S currency depriciates) the mexican people would demand more of U.S goods, therefore export of U.S  to Mexico increases that means more supply of mexican pesos to Americans. Similarly, when this price falls (U.S currency appreciates) the U.S goods to Mexico becomes more expensive, this causes fall in the export and therefore supply of...

Hope this helps

intercontinentel baseball
Manufacturers 18m) hasan
outstanding bond that reatures
moyears. The bond, which
pays $25 intrest overy six
months 850 per share), is
Currently selling for 598.55
What is the bond's yeuld to

Answers

Answer:

12%

Explanation:

The computation of the yield to maturity is shown below:

Given that

Coupon (pmt) = $ 25

Present Value of Bond (PV) = $598.55

Face Value (FV) = $1000

No of Semi annual Period (nper) = 10 × 2 = 20

Now

The formula to calculate Bond's Half yearly yield to maturity is = rate(nper,pmt,-pv,fv)

= rate(20,25,-598.55,1000)

= 6%

Now Bond's Annual yield to maturity is

= 6% × 2

= 12%

Allocating Liquidation Between Common Stockholders and Preferred Stockholders The Arcadia Company is liquidating. After paying off all of its creditors, the company has $2 million to distribute between its preferred stockholders and its common stockholders. The aggregate par value of the preferred stock is $1.8 million and the aggregate par value of its common stock is $4 million. How much of the remaining $2 million assets should be distributed to the preferred stockholders and how much should be distributed to the common stockholders

Answers

Answer and Explanation:

The computation is shown below:

The amount that should be distributed to the preferred stockholder would be equivalent to the aggregate par value of the preferred stock i.e. $1.8 million and the remaining value would be distributed to the common stockholders i.e.

= $2 million - $1.8 million

= $0.2 million

Hence, the same would be considered

A form of marketing in which a product or service is promoted by an individual that an audience looka up to is ___ marketing.

Answers

Answer:

Branding or Brand marketing or promotional marketing

Explanation:

In this form of marketing, a person known in the society or with huge followers on social media or other ways is made the brand ambassador for the product which needs promotion and hence the sale of that particular goods or service is boosted through marketing.

Larry estimates that the costs of insurance, license, and depreciation to operate his car total $320 per month and that the gas, oil, and maintenance costs are 14 cents per mile. Larry also estimates that, on average, he drives his car 1,400 miles per month. Required: a. How much cost would Larry expect to incur during April if he drove the car 1,529 miles

Answers

Answer:

See below

Explanation:

The question above is incomplete. The concluding part is

b. Would it be meaningful for Larry to calculate an estimated average cost per mile for a typical 1,400 mile month. Yes or No

Given the above information,

a. Total number of miles driven = 1.529 miles

Total cost = Fixed cost + Variable cost × Number of miles driven

= $320 + $0.14 × 1,529

= $320 + $214.06

= $534.06

b. Since $320 per month is the fixed, the fixed cost per mile will decrease with the increase in number of miles driven . It means that if he drives less than 1,400 miles , the actual cost will be more than the cost based on predetermined overhead rate of the cost.

No. It would not be meaningful for Larry to calculate an estimated average cost per mile for a typical 1,400 mile month.

The following information pertains to Lance Company.

1. Cash balance per bank, July 31, $8,732.
2. July bank service charge not recorded by the depositor $45.
3. Cash balance per books, July 31, $8,768.
4. Deposits in transit, July 31, $3,500.
5. $2,023 collected for Lance Company in July by the bank through electronic funds transfer. The accounts receivable collection has not been recorded by Lance Company.
6. Outstanding checks, July 31, $1,486.

Required:
Prepare bank reconciliation at July 31, 2022.

Answers

Answer and Explanation:

The preparation of the bank reconciliation statement is presented below:

Balance as per bank $8,732.00

Add: Deposit in transit $3,500.00  

Less: Outstanding checks  -$1,486.00

Adjusted bank balance  $10,746.00

Balance as per books $8,768.00

Add: EFT received from customer $2,023.00

10791.00

Less: Service charges -$45.00

Adjusted book balance  $10,746.00

The Lance Company's Bank Reconciliation , as at July 31, 2022 is shown in the attached image below.

Bank reconciliation is the process of comparing and reconciling the cash balance recorded in a company's books (the "book balance") with the balance reported by the bank in its statement (the "bank balance"). It aims to identify and resolve any discrepancies between the two balances, ensuring that the company's financial records accurately reflect its actual cash position. The purpose of bank reconciliation is to ensure the accuracy and reliability of the company's financial records.

Learn more about bank reconciliation here:

https://brainly.com/question/28390711

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The PPP theory fails in reality for all of the following reasons EXCEPT Group of answer choices monopolistic or oligopolistic practices in goods markets. restrictions on trade. inflation rates are unrelated to money supply growth. transport costs. the inflation data reported in different countries are based on different commodity baskets.

Answers

Answer:

inflation rates are unrelated to money supply growth.

Explanation:

purchasing power parity which is regarded as (PPP) is a macroeconomic analysis metric which gives comparison between economic productivity aas well as standards of living existing between countries. It can be regarded as economic theory which gives comparison of currencies of different countries using an approach of "basket of goods". The PPP theory can hold in reality for instance, when inflation rates are unrelated to money supply growth.

EXCEPT Group of answer choices monopolistic or oligopolistic practices in goods markets. restrictions on trade. the inflation data reported in different countries are based on different commodity baskets.

Heidi is having trouble understanding the Black Lives Matter (BLM) movement and why her workplace sent out an email affirming the company's commitment to diversity and inclusion. This is probably because as a white woman from a small town with little exposure to diversity efforts, Heidi has not had much education about what BLM is trying to accomplish. She is wrestling with this new information about systemic racism and ultimately dismisses it as unfounded because it is contrary to her past experiences. This is an illustration of which of the following?

a. Stereotyping
b. An entrenched mental model
c. Leader-Member Exchange Theory
d. Ethnocentrism
e. Social Identity Theory

Answers

Answer:

e. Social Identity Theory

Explanation:

It is correct to state that the scenario in the question above refers to the theory of social identity, which is a theory that seeks to explain how the categorization of groups such as those based on culture, social class, race, age, directly impact the life of an individual and their perception of the world. Psychology seeks to analyze how important it is for an individual to belong to a group and to form an identity based on the collective of that group, that is, to form a society.

Therefore, the theory of social identity suggests that there is an inclination for individuals to overestimate the characteristics of the group to which they belong and to minimize the characteristics of other groups, which can generate prejudice, racism and apathy, which is what happened with Heidi, who considered information about systemic racism unfounded by the fact that they are contrary to their previous experiences.

Why is it important for everyone in an organization to have the opportunity to
contribute to the mission statement?
A. So it defines expected outcomes clearly
B. So that it will be accepted and used by employees
C. So employees know the organization's history
O D. So the organization can track progress toward meeting its goals

Answers

Answer: so that it will be accepted and used by employees

Explanation:

AP EX

In 1960, Frederick Herzberg constructed a two-dimensional paradigm of factors that affect people's work attitudes.

a. True
b. False

Answers

Answer:

A.

Explanation:

Frederick Herzberg was an American behavioral scientists who proposed the theory of Two-Factors. In his theory, he defined that an employee is motivated by two-factors, viz., motivators and hygience factors.

He remarks that motivators such as recognition and achievement motivates employees to work harder, whereas, hygience factors such as salary also effects employees motivation to work.

Therefore, the given statement is true. Thus option A is correct.

The following information is available: Units in process, Dec. 1 (60 percent converted) 2,000 units Units in process, Dec. 31 (30 percent converted) 1,000 units Units started during the month 7,500 units Materials are added at the beginning of the process. How many equivalent units in process for conversion were there in December using the weighted average method? Group of answer choices

Answers

Answer:

the equivalent unit for conversion is 8,800 units

Explanation:

The computation of the equivalent unit for conversion is shown below:

= Units transferred + ending units

= (2,000 + 7,500 - 1,000) × 100 units + 1,000 units ×30%

= 8,500 units + 300 units

= 8,800 units

Hence, the equivalent unit for conversion is 8,800 units

We simply used the above formula for determining the conversion units

Fill in the blanks with the words given below.
a. Cancer
b. malignant tumor
c. benign tumor
d. metastasis
e. carcinoma
1. A________is a lump of abnormal cells that, although growing out of control, remains at its original site.
2. A________is an abnormally growing mass of cells that is actively spreading through the body.
3. A_________ is the spread of cancer cells from their site of origin to other sites in the body.
4. An individual with a malignant tumor is said to have_________
5. The most common type of cancer is a_______ this type always originates in tissues that line .

Answers

Answer:

1. Benign tumor.

2. Malignant tumor.

3. Metastasis.

4. Cancer

5. Carcinoma

Explanation:

A tissue can be defined as a group of cells that are structurally similar and in close proximity. Tissues are generally responsible for performing specific functions in living organisms such as humans, animals and plants. Therefore, tissues in living organisms function together as a unit.

A tumor can be defined as an abnormal mass of tissue formed when various body cells grow and divide more than its required or fail to when necessary (required). Thus, it usually degenerate into cancerous growths (cancer).

Some of the characteristics and features of tumors and cancer include the following;

1. A benign tumor is a lump of abnormal cells that, although growing out of control, remains at its original site.

2. A malignant tumor is an abnormally growing mass of cells that is actively spreading through the body.

3. A metastasis is the spread of cancer cells from their site of origin to other sites in the body.

4. An individual with a malignant tumor is said to have cancer.

5. The most common type of cancer is a carcinoma this type always originates in tissues that line.

Willamette Manufacturing estimated that its total payroll for the coming year would be $650,000. The workers' compensation insurance premium rate is 0.3%. Calculate the estimated workers' compensation insurance premium.

Answers

Answer:

the  estimated workers' compensation insurance premium is $1,950

Explanation:

The computation of the estimated workers' compensation insurance premium is shown below:

= Total payroll for the coming year × compensation insurance premium rate

= $650,000 × 0.3%

= $1,950

hence, the  estimated workers' compensation insurance premium is $1,950

The above formula to be applied for determining the same

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