The cumulative earned value (CEV) is the product of the percent complete and the sum of the estimated costs of all the specific activities that make up a work package or the project.
The cumulative earned value is the total value of all the work that has been completed on a project to date. This includes all the work that has been completed by all the project team members, as well as any contractors or other outside parties that have been brought in to work on the project.
The cumulative earned value is a good way to track the progress of a project and make sure that it is on track to be completed on time and within budget.
Hence, the correct option is "D".
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if businesses and consumers become pessimistic, the federal reserve can attempt to reduce the impact on the price level and real gdp by group of answer choices increasing the money supply, which lowers interest rates. decreasing the money supply, which raises interest rates. decreasing the money supply, which lowers interest rates. increasing the money supply, which raises interest rates. next
The federal reserve can attempt to reduce the impact on the price level and real GDP increasing the money supply, which lowers interest rates. The Federal Reserve monitors financial system risks.
Engages in domestic and international activities to help ensure that the system supports a healthy economy for US households, communities, and businesses. The Congress established it to provide the nation with a more secure, flexible, and stable monetary and financial system. The federal reserve the economy and the financial lives of Americans by supervising the nation's banks and influencing interest rates. While it does not interact with individuals directly, it ensures that they can deposit checks, use debit cards, and transfer funds in a secure and consistent manner.
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Calculate the income needed based on the following budgeted expenses.
Month _______
Budgeted Amount
Rent
$350
Utilities
$100
Food
$150
Entertainment
$75
Bus Pass
$25
College Savings
$300
a.The income would need to be at least $1000.
b.The income would need to be at least $950.
c.The income would need to be at least $1125.
d.The income would need to be at least $850.
According to the given scenario, the correct answer would be Option A. The income would need to be at least $1000.
Budgeted expenses is given that;
Rent-$350 / Utilities-$100 / Food-$150 / Entertainment-$75 / Bus Pass-$25 / College Savings-$300
To get the minimum income, we will add all Budgeted expenses.
So Minimum income would be: 350+100+150+75+25 = 1000
So, Minimum income would at least $1000.
What is income ?
Income, which is typically 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 different fields may have distinct definitions.
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37. A profit-maximizing monopolist ________.
a. takes the market price as given
b. can set any price she chooses
c. produces the level of output at which Price = Average total cost
d. produces until Marginal revenue = Marginal cost and reads the price off the demand curve at that quantity
A monopolist who seeks to maximize profits produces until marginal revenue = marginal cost, at this point they read the price of the demand curve. Thus D is the correct answer.
One characteristic of monopolists is the desire to maximize profits.
In a monopolistic market, a product is produced by just one company. As there is no substitute, there is absolute product distinction.
When there is no competition in a monopolistic market, a monopolist has the power to control both the price and the quantity demanded. The marginal cost and marginal revenue of a monopoly are equaled to calculate its profit maximization level.
By equating marginal cost and marginal revenue in a monopolistic market and solving for the cost of a single good and the necessary production volume, a firm can optimize its overall profit.
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on november 1, bahama cruise lines borrows $6 million and issues a six-month, 7% note payable. interest is payable at maturity. determine the financial statement effects of (1) the issuance of the note and (2) the adjusting entry for interest owed by december 31, the end of the reporting period.
Part a:
The journal entry is:
Cash A/c....Dr. 6000000
Notes payable A/c.....Cr. 6000000
Part b:
The journal entry is:
Interest expense A/c....Dr. $70000
Interest payable A/c.....Cr. $70000
In an organization's accounting system, a journal entry documents a commercial transaction. The foundation of the double-entry accounting technique, which has been around for centuries, is made up of journal entries. They enable tracking of the purposes for which a company has spent its resources and the sources of those resources.
From November 1 to December 31 = 2 months
Interest is accrued for 2 months during the current period
Journal entries are as follows:
Part a:
Cash A/c....Dr. 6000000
Notes payable A/c.....Cr. 6000000
Part b:
Interest expense A/c....Dr. $70000
Interest payable A/c.....Cr. $70000
(6000000*7%*2/12)
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g for the purposes of this analysis, assume that this is an accurate assessment of the costs/benefits involved (that is, you should assume that no additional costs or benefits will arise)(although keep in mind that the true costs of a particular course of action may not always be accurately identified and quantified.) when businesses engage in a cost/benefit analysis, they often take too narrow a view of the potential costs and benefits, particularly in thinking about the implications of the decision over time or in the long-term. while this is an important concern that you should consider when undertaking an ethical analysis, for these questions you should accept as fact that the above assessment of costs/benefits is a true reflection of the real costs/benefits to both the company and to society. refer to fact scenario a: question a1: using the standard cost-benefit analysis, the design change should not be made/implemented.
Cost benefit analysis requires all costs and benefits to be collected, no matter on whom they fall.
How do you define cost?A cost is the worth of money that has been expended in the production or delivery of a good or service and is therefore no longer accessible for use in accounting, retail, research, or accounting. In business, the cost may be one of acquisition, in which case the cost is the sum of the money used to obtain it.
What does accounting cost definition mean?Cost is a phrase used in accounting to describe the monetary value of expenses made for services, supplies, raw materials, labor, goods, equipment, etc. An amount that is listed as a cost in bookkeeping records is called a cost.
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income statement and balance sheet data for great adventures, inc., are provided below. great adventures, inc. income statement for the year ended december 31, 2022 net sales revenues $ 180,870 interest revenue 280 expenses: cost of goods sold $ 39,300 operating expenses 61,160 depreciation expense 18,050 interest expense 8,780 income tax expense 15,300 total expenses 142,590 net income $ 38,560
After deducting all of these expenses, the company had a net income of $38,560 for the year. Great Adventures Inc. had net sales revenues of $180,870 for the year ended December 31, 2022. This was offset by expenses of $142,590.
It included cost of goods sold of $39,300, operating expenses of $61,160, depreciation expense of $18,050, interest expense of $8,780 and income tax expense of $15,300.
The balance sheet for Great Adventures Inc. for the year ended December 31, 2022 showed total assets of $242,510 and total liabilities of $190,570. This resulted in total equity of $51,940 for the company. This equity was made up of common stock of $5,190, retained earnings of $45,750, and other comprehensive income of $1,000.
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The following schedule reconciles Celebrity Co.’s pretax GAAP income to its taxable income for the current year:
Pretax GAAP income $104,000
Nondeductible expense for fines 3,100
Tax deductible depreciation in excess of GAAP depreciation expense (18,000)
Taxable rental receipts in excess of GAAP rental revenue 13,000
Taxable income $102,100 Assuming a tax rate of 25%, what would the company calculate as a deferred tax asset (ignoring any deferred tax liabilities or permanent differences)?
O $ 0-
O $4,025
O $4,500
O $3,250
The Correct answer is D.The company calculates as a deferred tax asset (ignoring any deferred tax liabilities or permanent differences) $3250
Taxable rental receipts in excess of GAAP Rental revenue=13000×25%=$3250
It creates deferred tax assets since this item of temporary difference creates an overpayment of taxes currently which will be reversed in future years.
Another item like nondeductible fines expense is of permanent difference on which DTA/ DTL is not to be created. Depreciation in excess of GAAP depreciation is an item of DTL
In accountancy, depreciation is a time period that refers to two components of the identical idea: first, the real decrease of truthful fee of an asset, such as the lower in cost of manufacturing facility equipment every 12 months as its miles used and put on, and 2nd, the allocation in accounting statements of the unique price of the property to durations wherein the belongings are used (depreciation with the matching principle).
Depreciation is thus the lower inside the fee of assets and the approach used to reallocate, or "write down" the cost of a tangible asset (which includes a gadget) over its useful existence span. corporations depreciate lengthy-time period belongings for both accounting and tax purposes. The lower in the price of the asset affects the balance sheet of a commercial enterprise or entity, and the technique of depreciating the asset, accounting-sensible, affects the net income, and consequently the income assertion that they report. normally, the value is allocated as a depreciation fee in most of the intervals in which the asset is anticipated for use.
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one of the most successful flagship projects, from the perspective of the public sector, has been investments in sports stadiums. t/f
The public sector has viewed investments in sports stadiums as one of its most notable flagship projects. It is true.
stadium: an enclosure containing a big amount of spectator seating as well as a wide area for sporting events and other shows. The name is derived from the Greek term for length, the stade, which refers to the distance covered in the first Greek footraces (about 600 feet [180 metres]). Since the footrace course at the ancient Olympic Games at Olympia was exactly a stade in length, the word for the unit of measurement was first applied to the footrace and then to the venue. The stadium plays a crucial role in 20th-century construction technology as a sort of structure.
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One of the most important uses of sales promotion techniques is to encourage consumers to try a new product or service. True or False
True. To persuade customers that try a new good or service is one of the most crucial applications of sales marketing strategies.
What are an example and a technique?A technique is a method of carrying out a task or carrying out an action. You might use your teeth to pry the top off of drinks to open them. If that is so, your dentist had better have a reliable method for mending teeth. Skill can also be employed to denote a person's mastery of the fundamentals of a certain task. Technique can also be employed to denote a person's mastery of the fundamentals of a certain task.
What are the methods' techniques?A technique is a way or aptitude for completing a certain task. A teacher may employ the strategy of using a brief physical activity to divert a class from its distraction and get everyone to complete.
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One important thing to remember is that all of this information technology is created to aid in the process of acquiring knowledge. Knowledge still resides in people, but information systems have been created to capture the specialized knowledge and decision rules used by others, the process behind __________ .a. expert systemsb. executive servicesc. corporate portals
The conception bandied in the question is about Expert systems.
An expert system is a computer program that uses artificial intelligence technologies to put on the judgment and bearing of a natural or an association that has experience and experience in a particular field. Expert systems are generally intended to complete, not replace, natural experts.
One important thing to flashback is that all of this information technology is created to support the process of acquiring knowledge. Knowledge still resides in people, but information systems have been created to capture the technical knowledge and decision rules used by others.
Expert systems accumulate experience and data in a knowledge base and integrate them with a conclusion or rules machine- a set of rules for applying the knowledge base to situations handed to the program.
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a strong and well-defined organizational culture can be used as a management tool, as employees require supervision.
Any company's level of leadership and organization within its culture can determine how successful it is. Positive corporate culture may influence a whole workplace with the appropriate leadership. By embracing new behaviors and values, you can become a more effective leader in your own business by having a better understanding of organizational culture and how leadership influences it.
Organizational culture and leadership are a set of values that characterize a business and how the leadership of the business embodies and upholds those values. It outlines the behaviors and actions the company anticipates its staff members will do to foster a healthy work environment and support the growth of the organization.
The mission and goals of a company are also influenced by organizational culture, therefore it's critical to define them clearly so that every person understands the goal they're working toward.
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what can you do to effectively navigate a panel interview? check all that apply. maintain eye contact with the questioner as well as with others. prepare basic biographical information about each interviewer. target all your answers toward the person on the panel who would be your supervisor. talk to the human resources representative. make sure you meet with two or more interviewers on a one-on-one basis.
Effectively navigate the panel interview, maintain eye contact with the questioner as well as with others, prepare basic biographical information about each interviewer, and make sure you meet with two or more interviewers on a one-on-one basis. Thus, option A, B, and D is correct.
What is a panel interviews?A panel interview is a particular kind of discussion wherein the one candidate is interviewed by a number of interviewers, typically from several areas in the business, such as the prospective employer and a person of the personnel recruiting team.
Maintaining visual contact with both the interviewer but also with the remaining panelists, preparing a brief bio about every interviewer, and trying to ensure you speak with three or more investigators yet another are all things you can to safely navigate this same panel interview.
Therefore, option A, B, and D is the correct option.
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you could have consistently made superior returns by buying stock after a 15% rise in price and selling after a 15% fall would appear to contradict which form of the efficient market hypothesis
A weak type of market effectiveness advocates that every one of the verifiable patterns and past data has been limited. at the point when an individual is attempting to do the specialized examination as far as reliably making a prevalent return by purchasing stock either 15% up or selling after 15% down, it will be an impression of an infringement of a frail type of a proficient market.
The productive market speculation alludes to the monetary financial matters hypothesis that proposes that all suitable data is reflected in the resource costs. It expresses that as new data opens up on the lookout, it is promptly reflected in stock costs, thus neither specialized nor essential examination can create abundance returns.
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The United States is a large country. It produces two goods, beers and brooms. It imports beers from Mexico and exports brooms to Mexico. Mexico is a small country. It produces two goods, beers and brooms. It imports brooms from U.S. and exports beers to U.S.If U.S. imposes a tariff on beer imports from Mexico,the trade volume falls and the terms of trade increases for U.S.
The United States is a large country. Imposes a tariff on beer imports from Mexico,the trade volume falls and the terms of trade increases for U.S.
A tariff is a tax that a government imposes on goods and services that are imported from other nations in order to raise prices and reduce the appeal of imports, or at the very least their competitiveness, compared to domestic products and services. Tariffs are typically established to limit commerce with certain nations or to lower imports of a certain range of products and services.
For instance, the American government could impose a 50% tariff on Italian leather handbags in order to deter consumers from buying them by raising the cost of domestically produced handbags at a lower price. The government anticipates that the higher price will significantly reduce consumer demand for imported items.
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A manufacturing company is considering acquiring a new injection-molding machine at a cost of $150,000. Because of a rapid change in product mix, the need for this particular machine is expected to last only eight years, after which time the machine is expected to have a salvage value of $10,000. The annual operating cost is estimated to be $11,000. The addition of the machine to the current production facility is expected to generate an annual revenue of $48,000. The firm has only $100,000 available from its equity funds, so it must borrow the additional $50,000 required at an interest rate of 10% per year with repayment of principal and interest in eight equal annual amounts. The applicable marginal income tax rate for the firm is 25%. Assume that the asset qualifies for a seven-year MACRS property class. 2 3 Click the icon to view the MACRS depreciation schedules. Click the icon to view the interest factors for discrete compounding when i = 14% per year. (a) Determine the after-tax cash flows. Fill in the table below. (Round to one decimal place.) Period Net After-Tax Cash Flow $ thousand $ thousand $ thousand
The after-tax cash flows can be seen in the attachment. After-tax cash flows are important for businesses and investors because they provide a measure of the amount of cash that is available for use after taxes have been paid.
After-tax cash flows refer to the amount of cash that is generated by a business or investment after taking into account the payment of taxes. These cash flows represent the amount of money that is available to be used for various purposes, such as reinvesting in the business, paying dividends to shareholders, or paying off debt.
To calculate after-tax cash flows, you need to first determine the pre-tax cash flows, which are the cash flows generated by the business or investment before taxes are taken into account. Then, you need to subtract the amount of taxes that will be paid on those cash flows.
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tanner-unf corporation acquired as an investment $240 million of 7% bonds, dated july 1, on july 1, 2024. company management is holding the bonds in its trading portfolio. the market interest rate (yield) was 9% for bonds of similar risk and maturity. tanner-unf paid $200 million for the bonds. the company will receive interest semiannually on june 30 and december 31. as a result of changing market conditions, the fair value of the bonds at december 31, 2024, was $210 million.'[
Tanner-Unf Corporation acquired an investment of $240 million of 7% bonds, dated July 1, 2024, for a total cost of $200 million.The decrease in fair value resulted in an unrealized loss on the investment of $30 million.
The bond had a market interest rate (yield) of 9% for bonds of similar risk and maturity. The company was holding the bonds in its trading portfolio and receiving interest semiannually on June 30 and December 31. However, due to changing market conditions, the fair value of the bonds at December 31, 2024, had decreased to $210 million. This decrease in fair value resulted in an unrealized loss on the investment of $30 million.
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as opposed to ongoing changes, are discontinuous innovations. as opposed to ongoing changes, are discontinuous innovations. additions to existing product lines new product lines repositioned products new to world products
As opposed to ongoing changes, are discontinuous innovations. as opposed to ongoing changes, are new product lines.
A product line is a collection of related products that the same company markets under a single brand name. Businesses sell a variety of product lines under their distinctive brand names, frequently differentiating based on price, quality, location, or a specific target market.
Discontinuous innovations, Dynamically continuous innovations, and Continuous innovations are the three forms of innovation, according to the degree of change they bring about in consumers' existing behaviors. According to the aforementioned criteria, innovations are categorized based on how much they alter the behavior of current customers.
As a result, the kind of innovation depends on the kind of customer it is intended for. For one group of clients, the same innovation might be ongoing, while for another, it might be dynamically ongoing. Customers' pre-existing habits are drastically altered by the discontinuous innovation.
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What is the goal of contractionary monetary policy?
The goal of contractionary monetary policy is to decrease the rate of demand for goods and services, not to stop it.
About monetary policyThe general definition of Monetary Policy is the steps taken by the monetary authority to influence the amount of money circulating in society and the purchasing power of money.
Monetary Policy ObjectivesThe ultimate objective of monetary policy is to safeguard and maintain the stability of the value of the rupiah, one of which is reflected in a low and stable inflation rate. To achieve this goal, authority uses monetary policy instruments such as open market operations, discount policies, minimum reserve ratios, maximum lending limits, and moral suason. Through these instruments there will be changes in the amount of money in circulation. This change in the amount of money will ultimately affect monetary stability with the goal of more conducive community economic growth. The success of monetary policy is usually measured by increasing employment opportunities, improving the balance of payments, and stability of the price level.
Monetary policy is divided into two types as follows:
Expansive Monetary PolicyExpansionary monetary policy is a policy in order to increase the money supply. This policy is carried out to overcome unemployment and increase people's purchasing power (public demand) when the economy is experiencing a recession or depression. Expansionary monetary policy is also known as loose monetary policy (easy money policy).
Contractive Monetary PolicyContractionary monetary policy is a policy in order to reduce the amount of money in circulation. This policy was carried out when the economy experienced inflation. Contractionary monetary policy is also known as tight money policy.
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rather than looking at the efficiency of overall market functioning, cluster theory focuses on the effectiveness of securing market share by regions or areas.
According to the cluster theory, regional industrial concentration offers a number of economic benefits. The goal is to arrange the items in a set so that they are more similar to one another than to the objects in other groups.
For starters, when multiple businesses congregate in one place, economic activity increases. Because everyone is vying for the best rank, this leads to agglomeration spillovers, which raise total factor productivity across businesses in the same county.
By concentrating resources and regulatory policies on creating and keeping firms in a handful of distinct sectors that show potential to achieve city goals and strengthen the region's economy, the cluster strategy fosters business clusters.
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You will be creating an export business plan. Work must be original to this class, otherwise a grade of zero will be given. If no paper is submitted, a course grade of zero points will be given. Papers that do not contain detailed research will be severely penalized. No Wikipedia references are allowed.
You do not need to submit work in progress. However you are welcome to approach your instructor with questions.
Business Plan Requirements
Business Plan Page recommendations Section header Summary Part I: Purpose 1 Purpose Why has the plan been written? Part II: Table of Contents 1 Table of Contents Table of contents Part III: Executive Summary 1 Executive Summary This is short and concise. It covers the principal points of the report, and is prepared after the plan has been written. Part IV: Research ≥7 pages Introduction Introduction – what product and foreign country did you select and why Situational Analysis Describe the product to be exported Present a brief history of the country as it relates to its origins and trade history Cultural Overview The norms, practices, social structure, etc. that may aid (or hinder) the reception of your product Consumer attitudes toward product Educational levels; ability to comprehend instructions, ability to use product Languages; labels, instructions Political Environment An overview of the governance structure of the country along with any legal-political forces Certain required or prohibited features Label and packing requirements Export Marketing Plan Long and short-term goals, characteristics of an ideal target market for your product given the country selected, market screening Economic Decelopment How developed the country is, and how this will influence the success of your product Purchasing power Wages Infrastructure Summary Summary Part V: References 1 to 2 References References
Note: For further details regarding the components of your Export Business Plan, please see pages 468-469 of your textbook.
Formatting Requirements
Your paper must be in APA format to include:
The use of headings and subheadings
Times New Roman 12-point font
1 inch margins
Paragraphs with a minimum of at least 5 sentences
The first line of each paragraph should be indented 1/2 inch
Anything less than the content length stated above is not sufficient coverage of content and will result in a substantial reduction in grade.
At least one to two reference (or works cited) pages.
References must be no older than 5 years.
Your paper should be well-organized with excellent flow and excellently formatted. Check that your headings and sub-headings are correct.
Spell-check and proofread before submission.
Government export promotion agencies' aid, a solid understanding of basic business principles, and the ability to learn what they need to can all help those who are already busy running their firms.
What function does an export business strategy serve?Your worldwide effort's facts, limitations, and objectives are made clearer by an export plan. Use it to establish precise goals, select a timetable for implementation, and identify significant accomplishments.
A business plan contains what?A written strategy outlining the goals and methods for achieving those goals is known as a company plan. It outlines the go-to-market strategy, financial projections, market analysis, corporate goals, and mission statement of a company.
Producers and retailers who sell their items to customers abroad are said to be exporting. Exporting is one way for businesses to improve their potential market, revenue, and expansion.
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he standard costs and actual costs for factory overhead for the manufacture of 2,800 units of actual production are as follows: standard costs fixed overhead (based on 10,000 hours) 3 hours per unit at $0.72 per hour variable overhead 3 hours per unit at $1.99 per hour actual costs total variable cost, $17,900 total fixed cost, $7,900 the total factory overhead cost variance is
The variable factory overhead variance is $1184 which is unfavourable because it is higher than the budgeted overhead
The distinction between applied overhead and real overhead is referred to as overhead variance. Only until you are aware of the period's real overhead expenses can you calculate the overhead variance. A fixed-rate and a cost driver are used to apply overhead. In essence, this is a method of forecasting overhead expenses before they arise. It is feasible to compare the actual overhead expenses with the planned projections at the conclusion of the fiscal period.
The Variable factory overhead controllable variance is calculated by the following formula:-
= (Actual Variable overheads) - (Budgeted overheads based on standard hours)
=$17900 - (2,800 *3 * $1.99)
= $17900 - $16716
= $1184
Since the actual variable overheads are higher than the budgeted overheads, there is an unfavourable variance.
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Rodriguez Corporation issues 19,000 shares of its common stock for $152,000 cash on February 20. Prepare journal entries to record this event under each of the following separate situations.
1. The stock has a $2 par value. 2. The stock has neither par nor stated value. 3. The stock has a $5 stated value.
Create a journal worksheet
The journal entries of Rodriguez Corporation to record the event of three situations are stated below.
What is a journal entry?The accounting record for a business uses a journal entry to document a commercial transaction. The general ledger is where journal entries are often made, however, they can also be made in a subsidiary ledger and subsequently rolled forward into the general ledger after being summarized.
Every journal entry includes information crucial to a single business transaction, such as the date, the sum to be credited and debited, a succinct explanation of the transaction, and the accounts impacted.
Given:
1) Stock has a $2 par value.
Cash Debit 152000
Common Stock (19000*2) Cr. $38000
Paid-in Capital in Excess of the Par Value (152000 - 38000) Cr.$ 114000
2) Stock has neither par nor the stated value.
Cash Dr.152000
Common Stock Cr. 152000
3) Stock has a $5 stated value.
Cash Debit 152000
Common Stock (19000*5) Cr.$95000
The Paid-in Capital in Excess of Stated Value (152000 - 95000) Cr.$57000
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A global equity manager is assigned to select stocks from a universe of large stocks throughout the world. The manager will be evaluated by comparing her returns to the return on the MSCI World Market Portfolio, but she is free to hold stocks from various countries in whatever proportions she finds desirable. Results for a given month are contained in the following table:
Country Weight In MSCI Index Manager's Weight Manager's Return in Country Return of Stock Index for That Country
U.K. 0.21 0.42 21% 12%
Japan 0.34 0.2 14 14
U.S. 0.39 0.3 10 12
Germany 0.06 0.08 5 12
a. Calculate the total value-added of all the manager's decisions this period.
b. Calculate the value-added (or subtracted) by her country allocation decisions.
c. Calculate the value-added from her stock selection ability within countries.
An investment manager's capacity for value-added decision making is referred to as alpha in the investing community. It reflects the incremental return above a benchmark performance target that they are able to achieve.
For what reason is Alpha called Alpha?The first letter of the Greek alphabet is the source of the word "Alpha," which refers to the beginning or starting point of a journey.
Part A: The Manager's Return is 0.42 x.21 x.20 x.14 x.30 x.10 x.08 x.05; the MSCI Return is 0.12 x.21 x.12 x.34 x.14 x.39 x.12 x.06 x.12 x 12.68 x 12.68 x Therefore, the Manager's Value-Added
Part b: Country Allocation Value-added Return = (.42 -.21) *.12 + (.2 -.34) *.14 + (.30 -.39) *.12 + (.08 -.06) *.12) = 0.0040, or 0.40 percent.
Part c: Stock Selection Value-added Return = (.21 -.12) *.21 + (.14 -.14) *.34 +.
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if a firm is found guilty of achieving a monopoly through anticompetitive actions, then which of the following may occur?
The firm may be broken into two or more competing firms and it may be expressly prohibited from engaging in business activities, on being found guilty of achieving a monopoly through anticompetitive actions.
The term "single firm behavior" is used as a shorthand for a firm with strong and enduring market power, that is, the long-term ability to raise prices or remove competitors. Courts do not require a physical monopoly before applying rules for single-firm conduct. This context defines a "monopolist" as a company with sizable and long-lasting market power.
The antitrust laws forbid actions taken by one company that unduly stifle competition by establishing or preserving monopoly power. It is incompatible with harnessing competition to promote economic progress to outlaw the mere ownership of monopolistic power.
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An alternative strategy to reduce the expected wait time in a queueing system is
Increasing the number of arrivals
Increasing variability of arrivals
Increasing the service rate
Reducing the number of servers
An alternative strategy to reduce the expected wait time in a queueing system is Increasing the service rate.
By boosting the service rate, a queue's anticipated wait time can be cut down. More consumers can be served if the service rate is raised. So, either adding more servers to the system or lowering the average response time will do this.
A queue itself, the service process for tending to those customers, departures from the system, and an arrival process (how consumers arrive at the queue and how many customers are present overall) make up a simple queuing system. There is no stationary distribution if the arrival rate is more than or equal to the service rate, and the queue will continue to expand unabated.
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TRUE/FALSE. One of the major reasons that Enron failed was that it did not have an articulated code of ethics to guide the company.
It's false. Enron's lack of a well defined code of ethics to govern the business was one of the main factors contributing to its failure.
Such issues are addressed at all levels of ethics. Its topic is the basic problems of practical decision-making, and its main concerns are the nature of ultimate value and the criteria by which human actions can be regarded as right or wrong.
Morality and ethics are terms that are closely related. Whereas in the past speaking of moral judgments or moral principles would have been more correct, it is today usual to refer to ethical judgements or ethical principles. These applications broaden the definition of ethics. The phrase originally referred to the area of study or line of inquiry that focused on morality as opposed to morality itself. This is how ethics is similar to moral philosophy.
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The competitive advantage opportunities that a global competitor can gain by dispersing performance of its activities across many nations include all of the following Except:A) being able to shift production from one country to another to take advantage of exchange rate fluctuations, differing wage rates, differing energy costs, or differing trade restrictions. B) being in better position to choose where and how to challenge rivals. C) shortening delivery times to customers by having geographically scattered distribution facilities. D) locating buyer-related activities (such as sales, advertising, after-sale service and technical assistance) close to buyers. E) centralizing value chain activities to foster just-in-time inventory activities.
The competitive advantage opportunities that a global competitor can gain by dispersing performance of its activities across many nations include all of the aforementioned except: E) centralizing value chain activities to foster just-in-time inventory activities.
What is a competitive advantage?In Economics, a competitive advantage can be defined as a measure of the factors, conditions, competitive assets, skills, labor force, or circumstances that allow a business organization to manufacture finished goods or services better and perhaps, cheaper (low costs) than other rival business organizations (competitors) who are operating within the same industry.
In Business management, some good examples of competitive assets that are owned and controlled by a business firm (company) include the following:
Price leadership.Access to scarce natural resources.Results-oriented culture.Access to new or proprietary technology.Highly skilled labor.Intangible assets such as buyer loyalty, brand recognition, and strong brand awareness.Financial resources such as borrowing capacity and credit rating.Tangible resources such as sites, fulfillment centers, distribution centers, and manufacturing equipment.However, a centralized value chain activity to enhance just-in-time (JIT) inventory activities is not a competitive advantage opportunity that a global competitor can benefit from by dispersing performance of its activities across several countries.
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a stamp collector had a collection consisting of over 12,000 stamps spanning 400 hundred years and 50 countries. after decades collecting, restoring, and maintaining the stamps, the collector fell into financial distress and decided that the monetary value of the collection was more useful than the collection itself. on appraisal by two different experts, the collection was valued at $100,000. to expedite a sale, the collector signed a contract to sell the entire collection to a historian for $80,000, which the historian was ready and able to pay. however, at the time of delivery, the collector refused to tender the collection after deciding that it was too special to sell at any price.
It is true that at time of delivery, stamp collector refused to tender collection after deciding that it was too special to sell at any price.
What is stamp collecting?Postage stamps and related items are collected as part of stamp collecting. It relates to the study of stamps, or philately. Since the fast expansion of the postal service in the late 19th century, when a seemingly endless stream of new stamps were created by nations looking to advertise their uniqueness through their stamps, it has been one of the most well-liked pastimes worldwide. The study of stamps, or philately, as it is known more commonly, includes a variety of topics, including stamp collecting. However, collecting stamps is not a requirement of a philatelist. But building a sizable or thorough collection typically calls for philatelic expertise and will frequently include philatelic study areas.
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you are economic consultant for jack, who farms raw cotton in a perfectly competitive market. one day he gives you the following data at his present level of production: output
The day he gives you following data at his present level of production gives output.
What is production?In order to create a finished product, production involves combining a variety of inputs, both material and intangible. The production process and the final product are directly related to the efficient use of the initial inputs. The three fundamental production factors—land, labor, and capital—are referred to as primary producers of goods and services. Materials and energy are viewed as secondary factors in classical economics because they are byproducts of land, labor, and capital. When examined more closely, fundamental elements comprise all utilized resources, including land and the natural resources present both above and below the soil. However, labor and human capital are two separate things. Economic well-being is produced by a production process, which is comprised of all economic activities that aim to directly or indirectly satiate human wants and requirements.
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which of the following event management skills would be characterized by the process by which a meeting planner and supplier reach an agreement on the terms and conditions that will govern their relationship?
Negotiating Skills event management skills would be characterized by the process by which a meeting planner and supplier reach an agreement on the terms and conditions that will govern their relationship.
An settlement is a manifestation of mutual assent by way of or extra men and women to each other. it's far a meeting of the minds in a commonplace goal, and is made via provide and popularity. An agreement can be proven from words, behavior, and in some cases, even silence. agreement manner that sentence elements fit. subjects have to consider verbs, and pronouns should accept as true with antecedents. Singular subjects need singular verbs; plural subjects need plural verbs. In grammar, wide variety refers to the two sorts of a phrase: singular (one) or plural (multiple).
A contract is an agreement, however an agreement isn't always a settlement. An settlement can be casual or it is able to be written; a contract may be verbal or written, however a settlement will always be enforceable if it includes positive necessities.
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