Complete Question:
The number of families who used the Minneapolis YWCA day care service was recorded over a 30-day period. The results are as follows:
62 51 60 43 58 56 53 35 55 55
35 53 65 35 6 22 55 26 32 24
53 17 11 58 54 54 20 56 39 57
Construct a cumulative frequency distribution of this data.
Answer:
The Cumulative Frequency Distribution of the number of families who used the Minneapolis YWCA Daycare Service:
Class Frequency Cumulative Frequency
0 up to 15 2 2
16 up to 30 5 7
31 up to 45 6 13
46 up to 60 15 28
61 up to 75 2 30
Explanation:
The cumulative frequency table produced above can be used to determine the value of the usage of the YWCA Daycare Service by the different Minneapolis families over a period of time.
GE Corporation has a put option selling for $2.90 and a call option selling for $1.95, both with a strike price of $29.00. What would the net value of a long straddle position be if the stock price at expiration is $35?
A) 7.15
B) $1.15
C) $1.15
D) $7.15
E) $36.15
Answer:
$1.15
Explanation:
Calculation for the net value of a long straddle position
Using this formula
Net value =(Stock price at expiration-Strike price)-Put option selling-Call option selling
Let plug in the formula
Net value = ($35-$29)-$2.90-$1.95
Net value=$6-$2.90-$1.95
Net value=$1.15
Therefore the net value of a long straddle position will be $1.15
Pfister Corporation has Long-term Assets of $485,000, Current Liabilities of $150,000, Long-term Liabilities of $220,000 and Owners' Equity of $320,000. Compute Current Assets.
Answer:
$205,000
Explanation:
Total liabilities=current liabilities+long-term liabilities
total liabilities=$150,000+$220,000
total liabilities=$370,000
total owners'equity plus liabilities=$320,000+$370,000=$690,000
long-term assets+current assets=liabilities+owners'equity
long-term assets=$485,000
current assets are unknown
liabilities+owners'equity=$690,000
let CA represent current assets
$485,000+CA=$690,000
CA=$690,000-$485,000
CA=$205,000
Consider the following accounts (Click the icon to view the accounts.) Identify the financial statement (or statements) that each account would appear on. Use I for Income Statement, RE for Statement of Retained Earnings, B for Balance Sheet, and C for Statement of Cash Flows. (If a box is not used in the table, leave the box empty; do not select a label.) a. Accounts Payable b. Cash c. Common Stock d. Accounts Receivable e. Rent Expense f. Service Revenue g. Office Suppliesh. Land i. Salaries Expense
Answer:
a. Accounts Payable = B
b. Cash = I
c. Common Stock = B
d. Accounts Receivable = B
e. Rent Expense = I
f. Service Revenue = I
g. Office Supplies = B
h. Land = B
i. Salaries Expense = I
Explanation:
The Income Statement shows the Revenues (Incomes) and Expenses incurred during the period of operation.
The Balance Sheet shows the Balances of Assets, Liabilities and Equity at the end of the financial period.
The Statement of Cash flows shows the results of Cash Flow arising from Operating, Investing and Financing Activities.
What is the arrangement between two carriers as to who pays what on a medical bill in order to avoid payment duplication called
Answer:
coordination of payments
Explanation:
Coordination of payments is a term often used in the insurance-related operation, which describes a situation whereby two insurance companies or carriers work together to make actual payment of what is on a medical bill. The purpose of this coordination is to ensure that there is no double payment or payment duplication is avoided.
Hence, the correct answer in this situation is termed as Coordination of payments
Which of these should a company consider before implementing cloud computing technology? a)Employee satisfaction b)Information sensitivity c)All of the Options d)Potential cost reduction
Answer:
Implementing cloud computing technology, the company should consider:
d)Potential cost reduction
Explanation:
Cloud computing technology uses software applications where the software and data are accessed by users and customers through the internet. When a company considers this option of hosting its software applications and storing data, the first consideration should center on the potential cost reduction that will be gained by so doing. Then, it is also important to consider the risks of data integrity and access levels.
All of the above options should a company consider before implementing cloud computing technology. These options are Employee satisfaction, Information sensitivity and Potential cost reduction.
Cloud computing is known to be an application-based software infrastructure. It helps to stores data on remote serves that can be accessed through the internet.The front end helps a user to access data stored in the cloud using an internet browser or a cloud computing software.
It is known as the delivery of computing services such as servers, storage, databases, networking, software, analytics, and intelligence using the Internet.
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Several factors differentiate between those companies that use a sales orientation and those that use a market orientation. One factor relates to how a company defines its business. Which of the following business definitions or mission statements best characterizes an organization pursuing a sales orientation?a. JetBlue: To inspire humanity—both in the air and on the ground.b. American Express: We work hard every day to make American Express the world's most utilized credit card.c. Workday: To put people at the center of enterprise software.d. Patagonia: Build the best product, cause no unnecessary harm, use business to inspire and implement solutions to the environmental crisis.
Answer:
b. American Express: We work hard every day to make American Express the world's most utilized credit card.
Explanation:
Sales orientation refers to a approach in which the firm is focused on improving the sales with respect to the products and services they are offering
According to the given options, the option B should be selected as the company hard every day for making the most utilizing credit card so it defines that the card is familiar with the public that represents the sales motive behind this
Therefore the option B is correct
Which two management perspectives typically consider an organization to be a closed system? Check all that apply.
Answer:
Classical management viewpoint
management science perspective
Explanation:
As the name suggests the closed system refers to a system in which the company is operating at their own without any influence to be done from the outside world
The classical management theory refers to the theory that depends on the trust that the employees have two needs i.e. physical and economical. Neither they have social needs, nor job satisfaction, etc
Management science perspective refers to a solving a problem and take the decisions that are beneficial for an organization
Therefore these two should be considered as a closed system
Unredeemed cash rebates related to current year sales should be estimated and the amount treated as a(n)
Answer:
Explanation:
This should be estimated as a reduction in revenue and the amount treated as a liability. This is because the cash rebates are generally part of earned revenue but since they have not been redeemed then it needs to be reduced from the actual calculated revenue since it is not physically owned yet. It is also a liability because the company has a responsibility to redeem the cash rebates.
The price of good X increases from $55 to $60, and quantity demanded decreases from 500 to 400. The price of good Y increases from $55 to $60, and quantity demanded decreases from 500 to 475. Given this information, the:
Answer:
demand curve for Good X is more elastic than the demand curve for Good Y
Demand for good X is elastic because the coefficient of elasticity is greater than 1.
Demand for good Y is inelastic because the coefficient of elasticity is less than 1.
consumers who buy Good Y are less sensitive to price changes than consumers who buy Good X
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
For good X,
Percentage change in price = $55 / $60 - 1 = | -0.0833| = 8.33%
Percentage change in quantity demanded = 500 / 400 - 1 = 0.25 = 25%
Elasticity of demand = 25% / 8.33% = 3
Demand for good X is elastic because the coefficient of elasticity is greater than 1.
For good Y,
Percentage change in price = $55 / $60 - 1 = | -0.0833| = 8.33%
Percentage change in quantity demanded = 500 / 475 - 1 = 0.0526 = 5.26%
Elasticity of demand = 5.26% / 8.33% = 0.63
Demand for good Y is inelastic because the coefficient of elasticity is less than 1.
consumers who buy Good Y are less sensitive to price changes than consumers who buy Good X
___ is high when there are many alternatives to a product or service and low when there are few alternatives from which to choose.
Answer:
Threat of substitute products or services
Explanation:
Threat of substitute products or services are one of Porters Five forces.
When there are many substitutes for a product, consumers can easily start consuming a substitute.
For example, there are different brands of cars. If the price of one brand of car, let's say Mercedes increases, consumers can easily start purchasing cheaper brands like Toyota or Avensis .
On the other hand, food is a necessity with almost no substitutes. If the price of food increases, consumers have no other option but to continue buying food as food is needed for survival.
Which of the following falls under criminal law as it pertains to business?
A. A tailor losing the buttons to a shirt
B. A bakery messing up a couple's wedding cake
C. A store selling explosives to minors
D. A design company not providing all due files
Answer:
C.
Explanation:
They are selling explosives.
Answer:
C. the one with the bombs
Explanation:
Donna has a home that is insured to its maximum value. She often leaves the door unlocked in case she forgets her keys. She knows that her insurance policy will pay for any losses if her home is robbed. Which of the following best applies to Donna?
a. moral/morale hazard
b. physical hazard
c. societal hazard
d. none of the above
Answer:
a. moral/morale hazard
Explanation:
A moral hazard is a term used in insurance to describe the attitude of an individual towards his property.
In the question above, Donna leaves her home open which is not ideal despite insuring it.
But as a result of her ability to forget her keys at home, she leaves the door open.
Cheers.
What do you mean by Women's Right?
A 2-column table has 9 rows. The first column is labeled monthly expenses with entries rent, utilities phone internet, groceries, entertainment, renters insurance, car/insurance/gas, discretionary spending, total expenditures, net savings. The second column is labeled amount budgeted with entries 600, 230, 300, 50, 20, 475, 75, 1,850, 100 dollars. You have decided to set a new goal of saving at least $4,500 over the course of the next year. You already have $900 saved. By how much would you need to increase your monthly net savings in order to meet this goal? $100 $150 $200 $250
Answer:
200
Explanation:
right on edge
Based on your current level of saving, you need to increase your monthly net saving by $200 to meet your target.
Amount that you need to save next year.You have already saved $900 and you want to get to $4,500. The amount left is:
= 4,500 - 900
= $3,600
Monthly savingsTo get to $3,600, you need to save:
= 3,600 / 12 months
= $300
What should you increase your net saving by?You currently save $100 so you need to increase by:
= 300 - 100
= $200
In conclusion, you need to increase savings by $200.
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Which action should a job seeker iWhich item forms part of your career portfolio? A forms an important part of your career portfolio. deally take by the end of an interview?
Question 1: Which action should a job seeker ideally take by the end of an interview?
Question 2: Which item forms part of your career portfolio?
Answer 1:
At the end of an interview, the jobseeker should demonstrate interest in the company by asking questions about the job, and about the company.
Depending on the role, some questions that the candidate that ask are:
If I am selected for this role, what would you expect me to achieve in the first 60 days of the job? this shows that you are intersted in knowing what the immediate focus or priority for the role is. A followup question to the answer to this would be to know what the company is focused on achieveing at the moment and how it is related to the roleWhat is the organisational culture like? Every organisation has it's culture. The organisation should disclose this as it helps canidates prepare their mind against how they'd navigate corporately and politicallyCan I ask to know the rate of attrition here? This is a tough question for company whose numbers are not too good. In essensence, it tell you how the company is performing. A company with a high attrition rate is not doing some right and if it's not fixed, might not qualify as a company of the future.Answer 2
A career porfolio is a compendium of all of your educational qualification, skills and achievements in the various jobs you have done. It is a snapshot of the kind and quality of value that you can bring to an organisation.
A career portfolio should contain the following:
Summary of Education: In this sectionm you want to ensure that you include the following - Schools attended and references from some of your teachers or lecturers. At the least, you may provide their names and contact.Activities/Hobbies: This helps your prospective employer to know who you are outside of work. This, in some cases may tell the employer whether one is a job fit or not. If for example the preson specification requires someone who is outgoing and social, a job fit would probably be one someone who plays golf, loves to attend social functions and probably has travelling as a hobby.Personal Strenghts: If you are able to spell out your strenghts accurately, it reduces the amount of work the recrutier has to do to match you against the role and the organisation.
Cheers!
What is the name of the practice that consists of requiring pickers to gather the items for several orders at once, but keep them separate in separate totes?
Answer: Batch picking
Explanation:
Batch picking is the practice that consists of requiring pickers to gather the items for several orders at once, but keep them separate in separate totes.
It should be noted that in batch picking, a batch of orders are picked by a single picker and this typically help in the reduction of making constant repeated trips to same location
Which short-term financial managers are involved with selling on credit and are directly responsible to the vice president of finance?
Answer:
The credit manager, and the Controller
Explanation:
The credit manager is responsible for maintaining the credit policy, in order to fulfil this target they are responsible to look at the sales and ensure the credit sales are in the sales limit.
Further that the company do not have the bad debts, it shall verify each customer properly that they have enough funds, and ensure their credibility.
Controller is responsible for maintaining the financial records of accounts, and reporting the transactions to managers.
Accordingly, Credit manager along with controller are directly responsible to the vice president of finance.
9. When paraphrasing, which of the following must a student do:
1. Introduce the source before the paraphrase.
2. Must make significant changes to the phrasing, sentence structure, and word choice.
3. Provide parenthetical documentation of the page number after the paraphrase.
4. Put a bibliographic citation in the references section at the end of the paper
5. They are all necessary.
6. None of these are necessary.
Answer:
5. They are all neccessary
When paraphrasing, first introduce the source before the paraphrase then make significant changes to the phrasing, sentence structure, and word choice then provide parenthetical documentation of the page number after the paraphrase after that put a bibliographic citation in the references section at the end of the paper. Option (5) is correct. all steps are necessary.
What do you mean by Documentation?Any communicable material used to describe, clarify, or provide instructions for certain characteristics of a thing, a system, or a procedure, such as its components, assembly, installation, maintenance, and use, is considered documentation.
When you paraphrase, you give someone else's thoughts your own style while maintaining the original meaning. Summarizing is the process of distilling the major points from a lengthy portion of someone else's writing into your own words.
Therefore, Option (5) is correct. All steps are necessary.
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A 42-year-old executive wants to purchase life insurance that will allow for increases or decreases to coverage as his/her needs change. Which of the following policies will best meet this need?
A) Endowment at Age 75
B) Universal Life
C) Graded Benefit Whole Life
D) Modified Whole Life
Answer:
B) Universal Life
Explanation:
UNIVERSAL LIFE INSURANCE is a type of insurance which is very flexible because it enables a person or an individual to pay monthly insurance fee in which the fee will be divided into two different part where one of the fees will cover the individual life insurance and the second one will go into the person saving and investment account .
Secondly UNIVERSAL LIFE enables the holder of the policy to choose how much premium he or she wishes to pay.
Thirdly UNIVERSAL LIFE INSURANCE is an insurance that tend to last for the whole entire life of the policy holder reason been that the insurance is constant and it is everlasting meaning it does not change.
Therefore based on the information given about the 42 years old Executive the policies that will best meet this need will be UNIVERSAL LIFE INSURANCE
QUESTION 7 of 10: Which is NOT a use for market research?
a) Identifying what services customers want
Ob) Deciding what merchandise to sell
O c) Determining tax deductions
O d) Forecasting sales
Submit
Answer:
The answer would be b, determining tax deductions
Explanation:
All three of the other points are ways you can find out customers needs and wants, however tax deduction is used to figure out how much tax is owed.
International trade is still mostly concentrated among the developed countries of the Northern Hemisphere. Which country is the largest importer of the world?
Answer:
China&the U.S.
Explanation:
These two countries are lead producers and importers. You lift the tag of your favorite sweatshirt and see Made in China. The U.S. does'nt produce as much goods, but importing is a big U.S. sideline business. The U.S. imports alot of goods worlwide. From The Indies to The Middle East, the U.S. is a lead importer.
Murphy had no stock transactions in 2018, so the change in stockholders' equity for 2018 was due to net income and dividends. If dividends were $ 90 comma 000, how much was Murphy's net income for 2018? Use the accounting equation and the statement of retained earnings. A. $ 106 comma 000 B. $ 196 comma 000 C. $ 286 comma 000 D. $ 16 comma 000
In a spreadsheet, there are many features that help you edit quickly.
O True
O False
Answer:True
Explanation:There are many form a quick editing hoped this helped ;) ... In a spreadsheet, there are many features that help you edit quickly.
On January 1, 2019, when its $30 par value common stock was selling for $80 per share, Ayayai Corp. issued $11,700,000 of 8% convertible debentures due in 20 years. The conversion option allowed the holder of each $1,000 bond to convert the bond into five shares of the corporation’s common stock. The debentures were issued for $12,636,000. The present value of the bond payments at the time of issuance was $9,945,000, and the corporation believes the difference between the present value and the amount paid is attributable to the conversion feature. On January 1, 2020, the corporation’s $30 par value common stock was split 2 for 1, and the conversion rate for the bonds was adjusted accordingly. On January 1, 2021, when the corporation’s $15 par value common stock was selling for $135 per share, holders of 30% of the convertible debentures exercised their conversion options. The corporation uses the straight-line method for amortizing any bond discounts or premiums.1. Prepare the entry to record the original issuance of the convertible debentures. Account Titles and Explanation Debit Credit Cash 12420000 Premium on Bonds Payable 920000 Bonds Payable 11500000 2. Prepare the entry to record the exercise of the conversion option, using the book value is required,Account Titles and Explanation Debit Credit Bonds Payable Premium on Bonds Payable 220800 Common Stock Paid-in Capital in Excess of Par - Common Stock
Answer:
cash 12,636,000
convertible bonds payable 11,700,000 credit
premium on convertible bonds 936,000 credit
--to record the issuance--
convertible bonds payable 3,510,000 debit
premium on convertible bonds 252,720 debit
common stock 526,500 credit
additional paid-in common stock 3,236,220 credit
--to record the exercised bonds---
Explanation:
the issuance will be:
cash for the amount received
then convertible bonds payable for 11,700,000
and a premium between their face value and the market price.
12,636,000 - 11,700,000 = 936,000
IN 2020 the bonds are now convertible to 10 shares of $15 as a product of the sotkc-split
Jan 1st 30% are exercised:
bonds exercised:
11,700,000 x 30% = 3,510,000
premium at jan 1st 2021:
936,000 / 20 years x 18 years left = 842,400
Then we calculate 30%: 842,400 x 0.30 = 252,720
common stock:
3,510,000 / 1,000 per bonds x 10 shares per bonds = 35,100 new shares
35,100 x $15 = 526,500 common stock
additional paid-in common stock:
we solve for the difference:
book value of the bonds less common stock face value
(3,510,000 + 252,720) - 526,500 = 3.236.220
"A customer buys an equity LEAP contract on the first day that the option starts trading. If the contract expires "out the money," the customer will have a:"
Answer:long term capital loss
Explanation:
The options to the question are:
a. short term capital gain
b. short term capital loss
c. long term capital gain
d. long term capital loss
LEAP options is an acronym for Long-term Equity Anticipation. It is an option contract which is said to expire at least a year from the purchase date. It should be noted that they are more affordable than stocks due to the fact that they are typically offered at an option contract price.
A customer buys an equity LEAP contract on the first day that the option starts trading. If the contract expires "out the money," the customer will have a long term capital loss.
Eve's apples opened its business on january 1, 2018, and paid for two insurance policies effective that date. The liability policy was $34,200 for 18 months, and the crop damage policy was $14,700 for a two-year term. What is the balance in eve's prepaid insurance as of december 31, 2018
Answer:
Balance in Prepaid insurance as of December 31 is $18,750
Explanation:
Computation of Prepaid Insurance
Insurance 1 ($34,200 * 6/18) $11,400
Insurance 2 ($14,700 * 12/24) $7,350
Total Prepaid Insurance $18,750
At the end of Year 1 Bowers Company had $6,000 of assets, $2,000 of liabilities, $3,000 of common stock, and $1,000 of retained earnings. During Year 2 Bowers experienced the following events.
(1) Borrowed $4,000 cash.
(2) Earned $5,000 of cash revenue.
(3) Paid $3,000 of cash expenses.
(4) Paid $7,000 cash to purchase land
a. what is net income
b. what is CF from IA
c. what is total L?
Answer:
a.$2,000
b.($7,000)
c.$2,000
Explanation:
Calculation of Net Income
Revenue $5,000
Less Expenses ($3,000)
Net Income or (Loss) $2,000
Cash Flow from Investing Activities
Purchases of Land ($7,000)
Net Cash from Investing Activities ($7,000)
Calculation of Total Liabilities
Opening Balance (Year 1) $2,000
Cash Borrowed during Year 2 $4,000
Total Liabilities $6,000
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What do you want to be when you grow up? Why?
Answer:game designer. reason: i love video:games
Explanation:
Answer:
a vet person
Explanation:
Buying a franchise might be a good decision for someone who _____. a. wants to create a new product or service b. doesn’t want to work long hours c. doesn’t have experience developing management systems d. likes to work alone without many rules and regulations Please select the best answer from the choices provided A B C D
Answer:
its C
Explanation:
i got it right on edge
Buying a franchise might be a good decision for someone who doesn’t have experience developing management systems. The appropriate response is option C.
What is a franchise ?A franchise is a technique of selling goods or services that involves a franchisor who creates the brand's trade name and business model and a franchisee who pays a royalty and frequently an upfront fee to have the right to use the franchisor's name and system.
You can run a business if you buy a franchise as an investor or franchisee. You receive a format or system created by the business (franchisor), the right to use its name for a predetermined period of time, and help in exchange for paying a franchise fee.
Due to the pool of support provided by the franchisor and network of other franchisees, a small firm with a franchise is better able to compete with large corporations than a small business operating independently. In your territory, you often have exclusive rights.
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Under the laws of descent, who gets a property when its owner dies without a will and no legal heirs can be found?
Answer:
The government takes hold of the property, or on some ocassions it is given in charity.
Explanation: