Part a: The probability that the sample average size is at most 3.0 is 0.9957 and the probability that the sample average size is between 2.6 and 3.0 is 0.4957
Part b: The minimum sample size required so that the probability that the sample average sediment density is at most 3.00 is 20
The standard error decreases as the sample size increases. It shows that as the sample size grows, the variance of the sample statistics lowers and there is a greater likelihood of discovering sample statistics that are near to the mean.
Part a:
The mean, mu = 2.67
The population standard deviation, sigma = 0.75
The sample size, n = 25
z score:
[tex]z= \dfrac{(\bar{x}-\mu )}{ \sigma_{\bar{x}} }[/tex]
The standard error:
[tex]{ \sigma_{\bar{x}}= {\dfrac{\sigma{} }{\sqrt{n} }[/tex]
= 0.75/[tex]\sqrt{25\\}[/tex]
= 0.15
The probability that the sample average sediment density is at most 3.00:
P(xˉ≤3)=P(z≤3−2.60/0.152)
=P(z≤2.63)
=0.9957
The probability that the sample average sediment density is between 2.6 and 3.00:
P(2.6<xˉ<3.0)=P(2.6−2.6/0.152<z<3.0−2.6/0.152)
=P(0<z<2.63)
=P(z<2.63)−P(z<0)
=0.4957
Part b:
The sample size required so that the probability in part (a) is at least 0.99:
[tex]P(\bar x \leq 3) = 0.99 \\[1ex] P(Z \leq z) = 0.99 \\[1ex] z = 2.33[/tex]
Using the z-distribution table.
We know:
[tex]z = \dfrac{\bar x-\mu}{\sigma_{\bar x}}\\[2ex] \sigma_{\bar x} = \dfrac{\bar x-\mu}{z}[/tex]
When x = 3 and z = 2.33
σxˉ=xˉ−μ/z
=3−2.6/2.33
=0.1717
The standard error:
[tex]\sigma_{\bar{x}} = \dfrac{\sigma}{\sqrt{n}}\\[2ex] 0.1717 = \dfrac{0.76}{\sqrt{n}}\\[2ex] n = 19.60[/tex]
Although a part of your question is missing, you might refer to this full question: Suppose the sediment density (g/cm) of a randomly selected specimen from a certain region is normally distributed with mean 2.67 and standard deviation 0.75.
(a) If a random sample of 25 specimens is selected, what is the probability that the sample average sediment density is at most 3.00? Between 2.6 and 3.00?
At most 3.00: __________
between 2.6 and 3.00: __________
(b) How large a sample size would be required to ensure that the probability in part (a) is at least 0.99?
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a budget is most likely to be effective if it is not used to evaluate a manager's performance. it has top management support
A budget is most effective when it is seen as a tool to help a manager plan and manage their resources more efficiently and effectively. It should not be used as a way to evaluate the performance of a manager.
Effective Budgeting: Utilizing Resources with Top Management SupportTop management support is essential in order for a budget to be successful, as it provides a sense of ownership and accountability, and encourages managers to stay within their allotted resources.
In order for a budget to be effective, top management must provide their support and approval. This helps to ensure that managers are given the resources to plan and manage their departments in the most efficient way possible. Additionally, budgets should not be used as a way to evaluate the performance of managers, as this is counter-productive.
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which of the following is a conclusion that can be drawn regarding market efficiency from capital market history? multiple choice question. prices do not respond rapidly to new information if mispriced stocks exist, there is an obvious way of identifying them the market response to new information is very different from what we would expect in an efficient market future market prices are hard to predict based on publicly available information
Historical data on the capital market addressing market efficiency, it is hard to predict future market price based on the information available to public.
What three factors most affect market efficiency?
Allocative, operational, and informational market efficiency are the three most prevalent categories. Other forms of efficient markets are acknowledged as well, though. Arbitrage is the practise of trading to profit from differences in price of financial products between two or more markets. Arbitrage proximity is a way to gauge market efficiency.
What kinds of capital efficient markets are there?Capital Market Efficiency measures how correctly the current stock prices reflect the information currently accessible in the market. Capital market efficiency can be divided into three categories: weak form, semi-strong form, and strong form.
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FILL IN THE BLANK. goods like bridges and roads that are exclusive but nonexhaustive are known as___goods
Goods like bridges and roads that are exclusive but nonexhaustive are known as toll goods
Toll goods are goods or services that are provided by a private company or individual and are accessed by paying a fee upfront. These goods or services are often exclusive, meaning that they are not available to the general public and are only accessible to those who are willing to pay the toll. Examples of toll goods include bridges, tunnels, and roads that are operated by private companies and are accessed by paying a fee
These goods are non-exhaustive, meaning they are not used up or consumed in the service process. Instead, they remain available for use by paying customers as long as they are maintained and operated. Toll goods can provide a source of revenue for private companies that operate them, and can also help to manage demand by limiting access to those who are willing to pay the toll.
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recapitalization tartan industries currently has total capital equal to $4 million, has zero debt, is in the 25% federal-plus-state tax bracket, has a net income of $1 million, and distributes 40% of its earnings as dividends. net income is expected to grow at a constant rate of 3% per year, 200,000 shares of stock are outstanding, and the current wacc is 12.30%.
Part a. The current stock price is $16.99
Part b. The new stock price is $15.92.
A stock entitles investors to future residual earnings of a firm through the distribution of dividends. The price of a stock is therefore strongly tied to the expected future stream of dividends. The dividend growth model assumes dividend grows at a constant rate indefinitely and offers a simple expression for the stock price.
Part a.
We can use the dividend growth model to compute the stock price as follows:
stock price = current dividend per share *(1 + dividend growth rate) / (required return - dividend growth rate).
The current dividend per share = 1 million * 40% / 250,000 = 1.6.
Dividend growth rate = growth rate of net income = 3%,
the required return = WACC = 12.30% (because the firm is an all-equity firm). Applying the dividend growth model, the price of the stock = 1.6*(1 + 3%) / (12.30% - 3%) = 16.98
Part b.
Applying the Modigliani-Miller theorem
The value of the levered firm = value of unlevered firm + value of debt * tax rate = 4 million + 2 million * 40% = 4.8 million.
So the value of the equity after recapitalization = 4.8 - 2 = 2.8 million.
The number of shares outstanding = 250,000 - 2 million / 16.98 = 103062
So the value per share = 2.8 million / 175,898 = 27.16
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domino's and little caesars are competing over the price of pizza. what is the dominant strategy? note: there will be a problem like this one the final.
The correct answer would be opting for the Dominant strategy in game theory by Domino and Little Caesar, where Each business charges $5.
The science of making strategic decisions in situations with several actors is known as game theory. Used by businesses, These can be genuine games or real-world events like combat, interpersonal exchanges, or managerial judgments.
Sometimes, regardless of how other players behave in business, the ideal strategy will remain the same. This is a dominant strategy.
The so-called Nash equilibrium in game theory, on the other hand, describes a mutual understanding rather than a specific plan in which one party is aware of the other's optimal approach and takes it into account when determining their own.
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One of the most common causes of a materials price variance is an unexpected change in
a. raw materials costs. b. machinery c. employee turnover. d. the manufacturing process.
One of the most common causes of a materials price variance is an unexpected change in raw materials costs (A).
Raw material is the basic material from which a product is made. Raw material costs can change unexpectedly which causes a material price variance. This material price variance happens when there is a difference between the actual price paid for materials in production and the standard price of the material. Of course this difference will not be favorable if the actual price paid is higher than the standard price. Various factors may contribute to this unexpected price change, including a price increase, transportation expenses, or the quality of materials.
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Which three of these things should you do when creating a holistic online-to-offline strategy? Choose three.
Select 3 Correct Responses
Encourage siloed organizational structure, budgets, and meetings
Set separate goals and KPIs for each team
Incentivize teams with unified goals and KPIs
Get to know different teams and what they’re measuring to track against their goals
Suggest organizational changes to meeting structure, media budgets and KPIs.
The three things you should do when creating a holistic online-to-offline strategy are:
Set separate goals and KPIs for each team.Incentivize teams with unified goals and KPIs.Suggest organizational changes to meeting structure, media budgets and KPIs.Set separate goals and KPIs for each team will help ensure that each team is working towards specific, measurable targets and can track their progress towards those goals. By offering incentives for teams that work towards common goals and KPIs, you can encourage collaboration and alignment across the organization. By making suggestions for changes to how the organization operates, you can help ensure that all teams are working towards a common goal and that resources are being used effectively.
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jason incorporated maintains a qualified profit-sharing plan for its employees. this year, jason contributed $2,300 to preston's profit-sharing account. which of the following statements is true? multiple choice jason cannot deduct the contribution, and preston does not include the contribution in gross income. jason cannot deduct the contribution, but preston must include the contribution in gross income. jason can deduct the contribution, but preston does not include the contribution in gross income. jason can deduct the contribution, and preston must include the contribution in gross income.
The following statement "Jason can deduct the contribution, but Ms. Preston does not include the contribution in her gross income" is true.
Income, which is often stated in monetary terms, is the spending and saving opportunity acquired by an entity within a given duration. Conceptually, income is hard to define, and various disciplines may have distinct definitions. Haig-Simons income, which defines income as Consumption + Change in Net Worth and is commonly applied in economics, is a very significant definition of income.
Income is a total that includes any wages, salaries, profits, interest payments, rent, or other forms of earnings earned in a calendar year for families and individuals in the United States, as defined by tax law. Gross income for a business is the total revenue less the cost of items sold.
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when you buy life insurance, you are making a contract with the company issuing the policy where you agree to pay a premium periodically and the company agrees to pay a death benefit.
When you get life insurance, you are entering into a legal agreement with the business providing the policy in which you commit to paying a premium on a recurring basis and the business commits to paying a death benefit.
A contract for life insurance is made between a person and an insurance provider company. Under exchange for a quantity of money known as the premium, the insurance company promises in this contract to pay a beneficiary a certain sum of money, subject to certain restrictions.
You should be aware that a life insurance policy is a legal contract, just like any other insurance policy. In other words, it is a contract between the parties that states what the insurance provider will do in return for the payment.
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TRUE/FALSE. vertical cmarketing chaneel green supply chain multiered marketing channelinstacart an online store that delivers its products to homes in and around
True, smart shoppers has most likely developed a B) green supply chain.
The operational management technique and optimization approach to lessen the environmental impact throughout the life cycle of the green product, from the raw material to the finished product, could be referred to as a green supply chain or sustainable network. A clever shopper can be identified using a few basic guidelines. A knowledgeable shopper acts "smartly" when buying purchases. People gather as much information as they can to make the best decision possible on the commodity or service they desire to purchase. Smart shopping campaigns automatically analyze data from enquiries, intent signals, basket size, and customer preferences on brands and products to discover trends that are related to online conversion value. Smart shopping campaigns are one of the marketing modalities that emphasize performance the most.
Note that the correct question is:
Smart Shoppers has most likely developed a(n) ________. Is it true/false?
A) vertical marketing channel
B) green supply chain
C) multitiered marketing channel
D) intermodal transportation system
E) hybrid distribution system
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an automobile company is focused on creating convertible and crossover vehicles. recently, the company announced it will begin selling suvs and mini vans to its current customers. what strategy is it following? an automobile company is focused on creating convertible and crossover vehicles. recently, the company announced it will begin selling suvs and mini vans to its current customers. what strategy is it following? market penetration diversification product development market development
An automobile company is focused on creating convertible and crossover vehicles. recently, the company announced it will begin selling SUVs and mini vans to its current customers. The strategy is product development.
The product development is the development of new product or modified/update the existing products to increase sales and offering those products into current or new market-places.
The product development is done by step-by-step which include idea generation, product definition, prototyping, initial design, validation and testing and last commercialization.
The company is focused on creating convertible and crossover vehicles and it will begin selling SUVs and mini vans to its current customers by adopting product development strategy.
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a battery manufacturer warrants its automobile batteries to perform satisfactorily for as long as the owner keeps the car. auto industry data show that only 20% of car buyers retain their cars for 3 years or more. historical data suggests. Owned Probability of Battery Failure Battery Exchange Costs % Failed Batteries Returned Less than 3 3 or more 0.2 0.6 $50 $20 75% 50% If 50,000 batteries were sold this year, what is the estimated warranty cost?
Previous question
Warranty rate is the cost associated with a defective product repair, replacement, or refund. A guarantee comes with a assurance period at some stage in which the supplier or manufacturer of the good is responsible for any defects that may also show up at some stage in the use of the product.
How do you calculate estimated guarantee payable?To calculate the warranty expense, first determine out how many products will want repair or replacement:
Total variety of devices sold X Percentage of gadgets that are defective. Units wanting repair or replacement X cost per unit to repair or replace. 14 water bottles x $4 per water bottle = $56 cost of inventory.
Is warranties Payable an estimated liability?Warranties payable. Warranty legal responsibility is an example of an estimated liability. It is an estimated legal responsibility due to the fact it arises from the estimates of the business entity that there may be merchandise that were out in the market that have defects.
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https://brainly.com/question/15415456#SPJ4mrs. heyer inherited real estate from her mother. the mother's basis in the real estate was $382,000, and the fair market value at the date of the mother's death was $900,000. the mother's taxable estate was only $2.4 million, so the estate did not owe any federal estate tax. this year, mrs. heyer sold the real estate for $875,000. compute her gain or loss recognized on sale. multiple choice $493,000 gain $25,000 loss $0 $875,000 gain
The correct answer is Gain of $493,000 as the difference between Mrs. Heyer's basis in the property, which was identical to her mother's basis of $382,000, and the sales price of $875,000 constitutes Mrs. Heyer's gain on the sale of the real estate. As a result, the sale's gain was recorded at $493,000 ($875,000 - $382,000).
The difference between an asset's sale price and its cost or valuation less cumulative depreciation as of the disposal date determines the gain or loss on disposal of that asset.
A disposal account, which is a gain or loss account that appears in the income statement, is used to record the difference between the disposal proceeds and the net carrying amount of the fixed asset being sold.
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in the 1990s, managed care was widely credited for enabling small employers to offer health insurance to their employees.
In the 1990s, managed care was widely credited for enabling small employers to offer health insurance to their employees. Research demonstrates that as managed care has expanded, the quality of care has decreased.
Why did MCOS—managed care organizations—start out in the US?Managed care is not a single activity but a spectrum of actions carried out in a variety of organizational settings, and it was developed in the United States as a response to rising healthcare prices and inefficient fragmented systems.
Originally used to describe prepaid health plans (sometimes referred to as "HMOs") that provide care through a network of providers on a set budget and control expenses. The phrase is increasingly also used to refer to preferred provider groups (PPOs). Controlling a service's geographic dispersion is the goal of horizontal integration.
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which of the following requires that pension rights be vested and protected by the pension benefits guarantee corporation?
The Pension Benefits Guarantee Corporation must vest and preserve pension rights in accordance with the Employee Retirement Income Security Act.
The ERISA protects employees in what ways?The interests of participants in employee benefit plans and their beneficiaries are protected by ERISA. Participants must be informed of the plan's specifics by plan sponsors, according to this requirement. It outlines the standards of conduct for fiduciaries, including plan administrators.
The Employee Retirement Income Security Act of 1974 (ERISA), a federal legislation, establishes minimal standards for the majority of voluntarily established retirement and health plans in the private sector in order to safeguard the participants in these plans.
The PBGC, an agency of the government, is required to preserve and vest pension rights under ERISA, which President Ford signed into law in 1974. Employers are required to comply with certain regulations and maintain formal pension plan documents.
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assume that the united states government introduces an expansionary monetary policy, increasing the money supply in the market. in the accompanying graph, demonstrate the long run effect on aggregate demand and short run aggregate supply. then, answer the following question. aggregate price level real gdp lras sras ad in the classical model of the price level, what is the long run effect of an increase in the money supply on real gdp?
It has no impact on GDP. The SRAS and AD lines are both left-directed.
The phrase "gross domestic product" (GDP) refers to the market value of all final products and services produced and sold in a certain time period by countries (GDP). Due to the measurement's complexity and subjectivity, it must be repeatedly adjusted before it can be considered a reliable indication.
While nominal GDP is better for comparing national economies on the international market, GDP per capita at purchasing power parity may be more beneficial for comparing living standards between nations. However, variations in the cost of living and inflation rates of the nations are not reflected in GDP (nominal) per capita. It is also possible to quantify the contribution of each industry or sector to the overall GDP.
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capital asset planning (cap) is an investment adviser registered in states a, b, and c. cap has no place of business in state d. the registration prov
Accredited investors are those who have demonstrated their ability to make financial decisions based on objective criteria. The goal of capital asset management planning is to forecast future capital requirements and create plans and initiatives to meet those demands.
If an investment adviser's only clients are other investment advisers, broker-dealers, and institutional clients, then the adviser does not need to register in the state even if he does not have a physical presence there.
Accredited investors can be either large institutions or retail (individual) investors who meet specified financial requirements; either can qualify for the exemption unless the choice explicitly excludes institutions. Because of the nature of the inquiry, the exemption does not apply.
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The right question is:
Capital Asset Planning (CAP) is an investment adviser registered in states A, B, and C. CAP has no place of business in state D. The registration provisions of the Uniform Securities Act would not apply to CAP in state D if it confined their advisory business in state D to all of these EXCEPT
other investment advisersbroker-dealersindividuals qualifying as accredited investorssavings and loan associationsa firm is considering moving from the united states to mexico. the firm pays its u.s. workers $10.00 per hour. currently, u.s. workers have a marginal product of 25 units, whereas mexican workers have a marginal product of 2.5 units. in order for the firm to reduce its wage cost per unit of output by moving to mexico, the wages in mexico must be below $ per hour
From the question, we can see that the productivity in the United States is (45/9) = 5 times higher than that of Mexico.
How are employees in Mexico treated?Workers in Mexico are shielded against discrimination on the basis of age, gender, handicap, socioeconomic and marital status, race, national origin, sexual orientation, and religion. Protections are available before, during, and after employment.
What professions held immigrants from Mexico?The majority of the Southwest's businesses, including ranching and mining, are dominated by immigrants from Mexico and their offspring. For immigrants from Mexico, the expanding train system in America was particularly significant. Mexican immigrants were historically used by the railroad sector as a source of inexpensive labor.
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investors can benefit from investments in stock via increases in the market price of the stock or through the receipt of dividends. this statement is
to recognize the disposal value of normal spoilage, . question 16 options: manufacturing overhead control account is credited with spoiled goods at current net disposal value. work-in-process control account is debited with spoiled goods at current net disposal value. manufacturing overhead control account is debited with spoiled goods at current net disposal value. materials control account is debited with spoiled goods at current net disposal value.
To recognize the disposal value of normal spoilage , materials control account is debited with spoiled goods at current net disposal value.
Normal spoiling is the term used to describe how things naturally deteriorate while going through the production or inventory stages of the sales cycle. This is the product line degradation that is typically thought to be inevitable and expected for a company.
For the product lines they manufacture, businesses often set a regular spoilage rate and charge the costs of such spoiling to cost of goods sold (COGS).
By dividing the amount of normal spoilage by the total amount of units produced, one may get the normal spoilage rate.
Usually included in the price of producing good units are costs associated with typical spoiling.
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On January 3, 20X9, Pleat Company acquired 80 percent of Stitch Corporation's common stock for $344,000 in cash. At the acquisition date, the book values and fair values of Stitch's assets and liabilities were equal, and the fair value of the noncontrolling interest was equal to 20 percent of the total book value of Stitch. The stockholders' equity accounts of the two companies at the acquisition date are:
Pleat
Stitch
Common Stock ($5 par value)
$
500,000
$
200,000
Additional Paid-In Capital
300,000
80,000
Retained Earnings
350,000
150,000
Total Stockholders' Equity
$
1,150,000
$
430,000
Noncontrolling interest was assigned income of $11,000 in Pleat's consolidated income statement for 20X9.
Based on the preceding information, what amount will be assigned to the noncontrolling interest on January 3, 20X9, in the consolidated balance sheet?
$68,800
$86,000
$44,000
$50,000
The last option $ 1,236,000 is correct. The whole stockholders' equity of Pleat plus the non-controlling stake in Stitch make up the two firms' combined equity accounts at the time of the purchase.
Anyone who holds at least one share of a company's stock or unit in a mutual fund is referred to as a stockholders. The firm is primarily owned by its stockholders, who also have specific rights and obligations. With this ownership structure, they may profit from a company's success. These benefits take the shape of rising stock prices or dividend payments from financial gains. In contrast, when a corporation experiences a loss, the share price inevitably falls, which may result in financial losses for owners or portfolio reductions. Additionally, shareholders have specific rights, such as the ability to approve the board of directors at shareholder meetings, dividend payments, and mergers.
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when taking into account cultural differences, sidney gray used the dimension to measure the degree to which companies disclose information to the public.
Sidney Gray utilized the secrecy-transparency dimension to assess how much information businesses release to the public while accounting for cultural variations.
Transparency denotes honesty, openness, and responsibility. In businesses, organizations, governments, and communities, transparency is practiced. For instance, in a commercial connection, a transparent agent clarifies prices upfront so there are no unforeseen costs afterward.
Being open and honest is not a weakness, but rather a strength. Companies will be able to get new perspectives, new thoughts, and improved understanding through exchanging ideas and information. If you can learn to be open and honest, problems will be resolved more quickly and effectively.
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Giordano Chocolates applies overhead using direct labor costs and had a total labor variance of $12,540 U in the month of March. Because of this, the manufacturing overhead variance will be
unaffected
Giordano Chocolates applies overhead using direct labor costs and had a total labor variance of $12,540 U in the month of March. Because of this, the manufacturing overhead variance will be unaffected.
Give a brief account on overheads.Costs associated with the day-to-day operation of the business are known as overheads. Contrary to operating costs, overheads cannot be linked to a particular cost unit or commercial activity. As opposed to that, they assist the company's overall revenue-generating operations.
For instance, a business that sells vehicles pays a higher rent for office space in a location with extra room for a showroom. One of the overhead expenses for the company is the premium rent. Whether or not a company's products are selling, it must continually cover its overhead expenditures.
Types :
Fixed overhead: Costs known as fixed overheads are expenses that don't vary based on variations in the volume of business activity each month.Variable overhead: Variable overheads are costs that fluctuate with business activity levels and might rise or fall with varying levels of activity. The costs will rise while business activity is high, but when business activity is low, the overheads will significantly decrease or even disappear.Semi-variable overhead: Semi-variable overheads have certain traits with fixed costs as well as variable costs. These expenses can be incurred by a company at any moment, albeit the precise cost will vary depending on the volume of commercial activity.To know more about, overhead, visit :
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alternative dispute resolution, with a specific focus of the law to the role of christian leadership in the workplace
Despite the fact that managing leadership conflict in a church is a dispute that frequently arises, little attention has been paid to this issue. The church's leadership, which is meant to set an example for other kinds of leadership in society, is likely to be undermined by such disagreement.
Any way of resolving conflicts without going to court is referred to as alternative dispute resolution (ADR). ADR brings together all methods and procedures for resolving disputes that take place independently of any governing body. Mediation, arbitration, conciliation, negotiation, and transaction are the most well-known ADR techniques.
Alternative dispute resolution is meant to improve communication between the parties, in addition to potentially eliminating the costs, delays, and uncertainty involved with traditional litigation. ADR offers a space for innovative dispute resolutions that better serve the interests of the parties.
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definition sharpe ratio is used to measure the return of an investment to its risk. it is a mathematical expression that is a measure of the excess return (above the risk-free rate) earned in excess of what would have been earned on a risk vs reward investing investment during the same period. when employed for evaluating a portfolio, the ratio can be computed for any number of time periods. for example, the ratio may be computed from daily price data to evaluate performance over one year, or from monthly returns to monitor results over three years.
The return on an investment is compared to its risk using the Sharpe ratio. It is a mathematical statement of the idea that, rather than indicating an investor's skill level.
The Sharpe ratio, also known as the reward-to-variability ratio, was developed by economist William F. Sharpe as a byproduct of his work on the capital asset pricing model (CAPM) in 1966. In 1990, Sharpe's work on the CAPM earned him the economics Nobel Prize.
The difference over time between realised or predicted returns and a benchmark, such as the risk-free rate of return or the performance of a specific investment category, is the numerator of the Sharpe ratio. The same period's standard deviation of returns serves as its denominator.
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as a result of the tariff, there is a deadweight loss that amounts to group of answer choices d f. e. b. b d e f.
As a result of the tariff, there is a deadweight loss that amounts to (Option C) D+F.
Any product or service's "deadweight loss" is the difference between its production and consumption, including any applicable taxes. When the quantity produced compared to the quantity consumed differs from the optimal concentration of excess, deadweight loss is most frequently present.
The cost of market inefficiency, which happens when supply and demand are out of balance, is known as a deadweight loss. A deadweight loss, a term mostly used in economics, refers to any deficit brought on by an inefficient resource allocation.
A deadweight loss of D+F is experienced as a result of the tariff.
E represents the money from tariffs.
Consumer surplus after the tariff is A+B.
Therefore, D+F (Option C) is the right response.
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[The following information applies to the questions displayed below.] On July 15, 2021, the Nixon Car Company purchased 2,400 tires from the Harwell Company for $35 each. The terms of the sale were 2/10, n/30. Nixon uses a perpetual inventory system and the gross method of accounting for purchase discounts. Required: 1. Prepare the journal entries to record the purchase on July 15 and payment on July 23, 2021. 2. Prepare the journal entry for the payment, assuming instead that it was made on August 15, 2021. July 15, 2021 Record purchase of tires July 23, 2021 Record payment of July 15 purchase Required 2 August 15, 2021 Record payment of July 15 Purchase
[The following information applies to the questions displayed below.]
On July 15, 2021, the Nixon Car Company purchased 2,400 tires from the Harwell Company for $35 each. The terms of the sale were 2/10, n/30. Nixon uses a perpetual inventory system and the gross method of accounting for purchase discounts.
3. If Nixon instead uses a periodic inventory system, explain any changes to the journal entries created in requirements 1 and 2.
The July 15 entry would include a debit to the _____________
entry would include a credit to the ____________________.
If Nixon uses a periodic inventory system, the July 15 entry would include a debit to the Purchases account and a credit to the Accounts Payable account.
The entry on July 23 would include a debit to Accounts Payable and a credit to Cash for the amount paid. The entry on August 15 would include a debit to Accounts Payable and a credit to Cash for the amount still owed plus interest.
A periodic inventory system is an inventory management system in which a physical count of stock is taken at regular intervals, such as once a month or once a quarter. The physical count is compared to the inventory records to determine the quantity of stock on hand. This system is used to identify discrepancies in inventory records and to update the records with the actual amount of stock on hand.
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The difference between digital advertising and organic marketing on social media platforms is that digital advertising is _____ and organic marketing is _____. Select all that apply.Paid; not paid. For E-commerce only; for all businesses.More targeted; less targeted. Unhelpful; helpful.
The difference between digital advertising and organic marketing on social media platforms is that digital advertising is a)c) paid/more targeted and organic marketing is not paid/less targeted.
In the field of business, digital advertising is a method of advertising in which paid techniques are used in order to generate more audience for the advertisement. It is believed that the more no.of people who watch the advertisement, the more will be the chances of the sales of the product. Hence, digital advertising is more targeted and paid for a targeted audience.
On the other hand, organic marketing is used to generate traffic on the website of a business without using any paid measures. As a result, there is a lesser targeted audience for organic marketing.
The question will correctly be written as:
The difference between digital advertising and organic marketing on social media platforms is that digital advertising is _____ and organic marketing is _____.
Select all that apply.
a) Paid; not paid.
b) For E-commerce only; for all businesses.
c) More targeted; less targeted.
d) Unhelpful; helpful.
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Refer to the figure above. Based on the Keynesian cross diagram, if output equals 5,000, planned aggregate expenditure is ______ output and firms will ______ production.
less than and decrease
Based on the Keynesian cross diagram, if output equals 5,000, planned aggregate expenditure is less than output and firms will decrease production.
Aggregate expenditure (AE), a measure of national income in economics. The present value of all the finished goods and services in the economy is known as aggregate spending. The aggregate expenditure is the total of all of the elements' economic expenditures made over a specific time period. It is the amount spent on consumer products, planned investments, and government expenditures in the economy. The difference between exports and imports is also included in aggregate expenditure in an open economy scenario.
The definition of aggregate expenditures is textstyle AE=C+I p+G+N X textstyle AE=C+I p+G+N X
I p>C = Household Consumption
I p = Investment ( G) Planned
Spending by the government is denoted by the symbol G.
Exports minus imports equal net exports (N X).
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Marwick Corporation issues 12%, 5 year bonds with a par value of $1,230,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 10%. What is the bond's issue (selling) price, assuming the following Present Value factors:Present Value of an Annuity (series of payments)3.6048 7.3601 3.7908 7.7217
The selling price of bond is 1324958.
As per the given data,
we need to find bond's issue (selling) price by assuming the given Present Value.
According to above question,
it is given that,
Marwick Corporation issues 12%, 5 year bonds with a par value of $1,230,000 and semiannual interest payments.
On the issue date, the annual market rate for these bonds is 10%.
Present Value of an Annuity is 3.6048 7.3601 3.7908 7.7217
The selling price (or market value) of a bond is the price of the futures contract that the owner of the bond will receive. Stated another way, the current selling price, present value, or market value of the bond = total annual interest payments PLUS the amount that will be received when the bond matures by both discounted by the current market interest rate . The sum of these two present values = the market value or selling price of the bond.
Bond Valuation
Bond Face Value 1230000
Bond Interest rate 12.00%
Semiannual interest at 73800
123000*12%*6/12
Market Interest Rate (Yield rate) 10.00%
Bond tenure 5
Interest payments Semiannually
Table Values are based on
n (5*2) 10
I (10%/2) 5.00%
Cash Flows Table Value *Amount Present Value
Par (Maturity) value 0.6139* 1230000 755097.00
Interest (annuity) 7.7217* 73800 569861.46
Selling Price of the Bond 1324958
Therefore, the selling price of bond is 1324958.
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