Answer: b
Explanation:
Assume that at the end of 2017, Crane used $2,460 cash to pay off $2,460 of accounts payable. How would the current ratio and working capital have changed? (
There will be a decrease in the current ratio and no change in working capital when the cash is paid for the accounts payable.
What is current ratio?The current ratio is the ratio analytical tool that determines the position of an organization to fulfill the demands of its short-term capital and fund requirements during the current financial year or period.
The current ratio is negatively affected by the use of cash to pay the liabilities like payables and short term loans. However, there is no such effect on the working capital when cash is used for the same.
Hence, option A holds true regarding the effect on current ratio and the working capital of Crane is aforementioned. The complete question has been attached as an image for better reference.
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Which of these best fits the definition of interest, as it applies to finance? a. interest is the money earned by investing. b. interest is the cost of borrowing money. c. interest is the cost of investing poorly. d. interest is the portion of a loan which must be repaid every year. please select the best answer from the choices provided a b c d
The definition for interest in terms of finance is interest is the cost of borrowing. Therefore the correct option is (B).
What is Finance?Finance refers to the money or the funds required by the company to undertake the business projects. Here, finance is the separate field of the study taught to the management students.
Interest refers to the amount charged to the borrower to the lender on the loan facility provided to them. Every lender charges the rate of the interest according to his will.
Bank also charge the rate of the interest on the loan provided to the customer. Therefore the correct option is (B).
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This year you have decided to focus your efforts on marketing to employer group plans. One employer provides you with a list of their retirees and asks you to contact them to explain the characteristics of the plan they have selected. What should you do?
The employee should go ahead and call the retirees by explaining to them the features of the group plans selected by the employer.
What is marketing?Marketing is an activity where a company promotes the sale of its goods either through advertisements or retail shopping.
The marketing of employer group plans means convincing retired employers for availing the group plans. This can be done by defining the benefits of taking the plan and inducing them to claim it in personal conversation through phone call mode.
Therefore, calling the selected retired persons would be the act done by the employees towards taking initiative for marketing of group plans given by the employer.
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what could turn out to be risks of an entrepreneurial venture? Choose three
Answer:
There are many risks that could be a result of an entrepreneurial venture such as:
Financial risks
Reputational risks
Cyber security
Political risks
Economic risks
Compliance risks
Operational risks
Explanation:
Why do you think this language motivated people in the audience like fulcher of chartres to join the crusade? what did the crusade have to offer them?
Crusades had been a chain of spiritual wars among Christians and Muslims commenced in general to steady management of holy sites taken into consideration sacred with the aid of using each group.
What was the purpose of Pope Urban II's speech?Pope Urban II gave the most influential speech of the Middle Ages, giving an upward thrust to the Crusades with the aid of using calling all Christians in Europe to battle in opposition to Muslims so that they can reclaim the Holy Land, with a cry of “Deus vult!” or “God wills it!”
Hence, the language used by Pope Urban II motivated the audience and reclaim the Holy Land, with a cry of “Deus vult!” or “God wills it!”
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After earning his diploma, Bruce was hired as a junior accountant by Cargo Wholesale Inc. He received favourable assessment letters and salary increases after year one and two. At the end of his third year, he received his final paycheque with a letter stating that he was dismissed for incompetence. What points might Bruce argue to show that he was wrongfully dismissed?
The inference is that Bruce can qrgue to show that he was wrongfully dismissed by stating that the favourable assessment letters showed that he was competent.
What is an inference?An inference simply means the conclusion that can be deduced based on the information given in a story.
In this case, the inference is that Bruce can qrgue to show that he was wrongfully dismissed by stating that the favourable assessment letters showed that he was competent.
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Difference between an
Architect and Engineer
Economic decisions involve doing what with resources to produce goods and
services for people to consume?
A. Satisfying
B. Renewing
C. Marginalizing
D. Allocating
What's the price of a property would be expected to sell for after suitable exposure to the market, assuming no exceptional factors are influencing the parties' decisions or financing availability
The price of a property would be expected to sell for after suitable exposure to the market is Fair value Price.
What is Fair Value?
The price that must be set to sell the property in the open and competitive market under all the conditions required for the fair sale is called as Fair Value. The Buyer and the Seller assumes the prices is not affected in any circumstances.
The amount that a property should sell for, provided that no unusual circumstances are impacting the parties' judgments or the availability of finance is the Fair Value Price.
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2. Assume that the US economy is producing at its potential GDP when an economic boom (short run event) in both Japan and Europe. This boom results in massive increase in orders for exported goods from the United States.
a. This economic boom in Japan and Europe would cause which curve to shift for AS-AD for the US Economy?
b. Which component of the Expenditure Equation for the US is affected by this boom?
c. What type of macroeconomic equilibrium condition is created by this short run event? (Inflationary gap, recessionary gap or stagflation)
d. Explain the type of fiscal policy that US government would use to bring the economy back to full employment. What curve in the AS-AD would this fiscal policy shift?
e. Explain the type of monetary policy that The Fed would use the bring the economy back to full employment. Hint: ( focus on the Federal Funds Rate and IROB Rate) What curve in the AS-AD would this fiscal policy shift?
True or false Decentralization refers to the degree to that decision making is concentrated to the top of the organization
Decentralization refers to the degree to that decision-making is concentrated to the top of the organization: False.
What is a decentralized organization?In a decentralized organization, the decision-making authority and power isn't concentrated at the top level (echelon) of the organization.
This ultimately implies that, decentralization refers to the degree to that decision-making is concentrated to all the areas of an organization.
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The correct option is false. Decentralization in organizations in no way involves concentrated decision-making at the top of the organization.
DecentralizationIn the decision-making process of any organization, the process becomes decentralized when everyone in the organization has a say in the decision process. In other words, everyone including those at the bottom of the organization is involved in the decision process.
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Some of the local licensed stockbrokers offer investors the opportunity to invest in
international equities. In an effort to have a diversified portfolio, you are considering investing
in a few stocks that are traded in the United States. You have chosen Pepsico, a company you
are familiar with. The company has both common and preference shares.
Required:
i. Common shares: Pepsico is expected to pay dividends over the next four years as
follows:
Year 1 $1.50
Year 2 $1.50
Year 3 $1.25
Year 4 $1.25
Thereafter, the company is expected to increase dividends by an annual rate of 2%.
If your required return on these shares is 9%. How much would you be willing to pay for
a share of this stock today? 10 Marks
ii. Preference shares: The Company’s preference shares pay an annual dividend of $1.50.
With preference shares being slightly less risky than common shares, your required return
is 8%. How much would you be willing to pay for a share of this stock today?
3 Marks
Currently, $17.39 is the price that investors are willing to pay for a share of this stock. Currently, $18.75 is the price that investors are prepared to pay for a share of this stock.
What is preference shares?
Shares with the ability to receive dividends announced by the firm before equity shareholders are referred to as preference shares, or preferred shares. A security with a fixed income is preferred shares.
Annual rate after year 4(g) =2%
required rate (r) = 9%
Terminal value = Dividend year 4 × (1 + g) / (r—g)
1.25000 × 1 + 0.02/0.09 – 0.02
= 18.21429
(i) D1/(1+r) + [tex]D1/(1+r)^{2}[/tex] + [tex]D1/(1+r)^{3}[/tex][tex]D1/(1+r)^{4}[/tex] + terminal value/[tex](1+r)^{4}[/tex]
1.50/(1+9%) + 1.50/[tex](1 + 0.09)^{2}[/tex] + 1.25/[tex](1+0.09)^{3}[/tex] + 1.25/[tex](1+0.09)^{4}[/tex] + 18.21429/ [tex](1+0.09)^{4}[/tex]
= 17.39289
(ii) Annual dividend/r
1.50/8%
=18.75
Hence, the significance of the preference shares is aforementioned.
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___, in the trait approach to leadership, is the correspondence between actions and words.
In the trait approach to leadership, is the correspondence between actions and words is called expectancy.
What is trait approach to leadership?The trait theory of leadership holds that leaders are born with specific traits. In other words, leaders have attributes that can be passed down through generations. Early studies introduced that this philosophy of leadership innately dwells within specific persons.
The trait theory of leadership focuses on the leader and the characteristics he demonstrates. Certain characteristics make leaders more effective. Steve Jobs, for example, was well-known for his charisma. People wanted to follow him because of his ability to passionately communicate his visions.
Therefore, expectancy in the trait approach to leadership, is the correspondence between actions and words.
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Do you believe that professional groups should be allowed to assign their own professional codes of conduct and police themselves from within? Why or why not?
Professionals should create their own codes of conduct to cover all issues related to their work and the ethics required in each case.
What is a code of conduct?A code of conduct is a series of rules that establish the behaviors, attitudes, procedures, and responsibilities that a professional has regarding their work activity.
According to the above, it can be inferred that the best alternative to create codes of conduct for the different professions is internally, since this will allow the best qualified professionals in each area to establish the ideal parameters that correspond to each profession.
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According to the 2021 “Development Cost Survey” published by HVS International, the AVERAGE reported development cost for a LUXURY hotel was over $800,000 per key (guest room). Group of answer choices
It is a true statement that the AVERAGE reported development cost for a LUXURY hotel was over $800,000 per key in 2021.
What is a Development costs?This refers to the costs that a business incurs from researching and introducing a new service.
The U.S. Hotel Development Cost Survey 2021-22 shows that the AVERAGE reported development cost for a LUXURY hotel was over $800,000 per key in 2021.
Therefore, the statement is a true statement.
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A feature of personal selling by salespeople is that it is
A feature of personal selling by salespeople is that it is their development of oral conversation.
What is a Personal selling?This refers to a face to face selling technique whereby the salesperson uses an interpersonal skills to persuade the prospective customer in buying a particular product.
However, the main feature of personal selling by salespeople is that it is their development of oral conversation because they need to effectively persuade their client.
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ABC has a semi-monthly payroll cycle and a 40 hour standard work week.
Sun Mon Tues Wed Thurs Fri Sat
"2/28
2 hours" "2/29
8 hours" "3/1
8 hours" "3/2
8 hours" "3/3
8 hours" "3/4
8 hours" "3/5
0 hours"
"3/6
2 hours" "3/7
8 hours" "3/8
8 hours" "3/9
8 hours" "3/10
8 hours" "3/11
8 hours" "3/12
0 hours"
"3/13
2 hours" "3/14
8 hours" "3/15
8 hours" "3/16
8 hours" "3/17
8 hours" "3/18
8 hours" "3/19
8 hours"
1 What would ABC's total pay hours for March 1 - March 15 pay period?
2 What would ABC's total pay hours for the previous pay period?
3 What would ABC's total pay hours for the next pay period?
Based on the average working hours of ABC, their total pay hours would be:
March 1 - March 15 = 120 hours. Previous pay period = 112 hours. Next pay period = 128 hours. What are ABC's pay hours?ABC pay hours are an average of 8 hours a day. For work done from March 1 to March 15, the pay hours would be:
= 8 x 15
= 120 hours
ABC pays on a bi-weekly basis which means that the previous pay period was most like 14 days:
= 14 x 8
= 112 hours
The next pay period will most likely be 16 days in order to cover the rest of March from the 16th to the 31st:
= 16 x 8
= 128 hours
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The vision of an organization is vital for any organization but it is almost unachievable.
Critically evaluate this statement.
The vision of an organization is vital for any organization but it is almost unachievable and majority of organizational visions fails in it as they are rational, time-bound and highly impersonal.
Why is a vision important to any organization?A vision is really important for any organization because it serves as a strategic plan for success.
Vision provides the focus and direction, that helps to align everyone with the organization in order to achieve the desired goal.
It helps to increase efficiency and productivity in the organization.
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the correct decision of decision variable are
The correct definition of decision variable is that it is a quantity that the decision-maker controls.
What is a decision variable?This refers to an economic/physical quantities that usually competes with one another for sharing the given limited resources.
Hence, the term "decision variable" is best defined as a quantity that the decision-maker controls to utilize the resources.
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which tax reduction is deducted from the amount of tax to be paid?
a.) home mortgage interest
b.) donations to chairty
c.) medical expenses
d.) American opportunity tax credit
Answer:
A
Explanation:
mortgage interest is deductible on a primary home.
Break-Even Analysis. Help needed please!
Explanation:
break events points is a situation whereby there is no profit or loss
the formula for break even point is fixed cost divided by contribution
break even points = fixed cost
_________
contribution
contribution = revenue - variable cost
examples of variable cost had been given in the picture you sent which are rent,insurance,administrative etc
"Spin" boils down to outright lying in order to cover up what actually happened in a situation.
O True
O False
Answer:True
Explanation:
Leon is a rock climbing enthusiast, and is considering getting a membership at a new rock climbing gym. today, leon climbs at a different gym where on a weekly basis, it costs him $18 per climb for the first three climbs, $8 per climb for the next three climbs, and $5 per climb for any subsequent climbs that week. the cost of the membership at the new gym is $25 a week, regardless of how many times leon climbs at the gym. the new gym leon is considering would also require a locker rental fee of $8 per climb. leon knows that based on the amount he climbs today (approximately 4x per week), it makes more financial sense to move to the membership, however he wants to understand what might happen if he changes his climbing frequency. when will it no longer make financial sense for leon to move to the membership option?
The correct option is C. If he climbs less than three times a week and more than six times a week that make no longer make financial sense for Leon to move to the membership option.
What is a Membership service?
Assisting Enrollees in comprehending CONTRACTOR policies and practices, facilitating referrals to participating specialists, and assisting in the resolution of issues and member complaints are all examples of what is meant by member services.
The complete question is given in the file attached below
Given,
Calculation of Under non-membership according to correct options
Assume If he climb 8 times in week = 3x18 + 3 x 8 + 2 x 5 =$88
Calculation of Under membership
Assume if he climb 8 times in week = $25 + 8 x 8 =$89
Thus, the difference between membership and non-member is $1.
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Which of the following statements is FALSE? O The relative frequency of selecting a red card changes with the increase in number of selections. For a given number of selections, we can use Joseph's graph to find the number of diamonds that he has picked so far. O This is an example of the law of large numbers. The theoretical probability for selecting a red card in each pick is 0.5. SAVE & CONTINUE Report an issue with this question Which of the following statements is FALSE ? O The relative frequency of selecting a red card changes with the increase in number of selections . For a given number of selections , we can use Joseph's graph to find the number of diamonds that he has picked so far . O This is an example of the law of large numbers . The theoretical probability for selecting a red card in each pick is 0.5 . SAVE & CONTINUE Report an issue with this question
Option A. The given false statement that has been made here is s option A. For a given number of selections, we can use Joseph's graph to find the number of diamonds picked so far.
How is this statement false?The red card is known to be made up of the hearts and the diamonds combined. Joseph has made a graph for only the reds. He did not make one separately for the red suits
This tells us that he cannot determine the hearts and the diamonds from the graph that he has made.
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ABC has a semi-monthly payroll cycle and a 40 hour standard work week. Sun Mon Tues Wed Thurs Fri Sat "2/28 2 hours" "2/29 8 hours" "3/1 8 hours" "3/2 8 hours" "3/3 8 hours" "3/4 8 hours" "3/5 0 hours" "3/6 2 hours" "3/7 8 hours" "3/8 8 hours" "3/9 8 hours" "3/10 8 hours" "3/11 8 hours" "3/12 0 hours" "3/13 2 hours" "3/14 8 hours" "3/15 8 hours" "3/16 8 hours" "3/17 8 hours" "3/18 8 hours" "3/19 8 hours" 1 What would ABC's total pay hours for March 1 - March 15 pay period? 2 What would ABC's total pay hours for the previous pay period? 3 What would ABC's total pay hours for the next pay period?
Based on the monthly working cycle of ABC and the pay periods in March, the pay hours are:
March 1 - March 15 = 120 hours.Previous pay period = 112 hours.Next pay period = 128 hours.What are the pay hours for ABC?The March 1 to March 15 pay hours would be for 15 days:
= Number of days x average pay
= 15 x 8
= 120 hours
The previous pay period would have been 2 weeks in February which is 14 days:
= 14 x 8
= 112 hours
The next pay period would have to cover the rest of March and so will be from March 16 to March 31 which is 16 days:
= 16 x 8
= 128 hours
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Common alcoholic beverages include:
Answer:
Common alcoholic beverages include:VodkaRumBrandyliqueur CordialExplanation:
Its just asking what are the common alcohols.Common alcoholic beverages include: Vodka, Brandy, Cordial, liqueur, and so on.
Tennessee's whisky, a screwdriver, a sex on the beach cocktail, a Moscow mule, a mai tai, a cosmopolitan, a tequila sunrise and a bloody Mary are a few of the widely consumed alcoholic beverages in the United States.
Bacardi rum, Imperial Blue whisky, Officer's Choice whisky, Emperor brandy, Tandy rum, and Smirnoff vodka are only a few of the most well-known alcoholic beverages in the world.
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Which of the following is true about Needs Met ratings? Select all that apply.
Answer:
you should always assign the Needs met rating before assigning the page quality rating.
The structure of an industry is changed over time by firms both entering and exiting it. For example, when Apple introduced its iPod, it had a monopoly in this product space since no other manufacturers sold any devices like it. But over time, competitors being lured by profit potentials, introduced their own products such that the industry structure for mp3 players changed from being a monopoly into one that became more competitive as more similar products began appearing in the mp3 player product space.
Smartphones have largely displaced stand-alone mp3 players. Describe the effects of this on the mp3 player industry focusing more on how this industry has changed. Include some discussion of Apple's response to the changing industries conditions over time to as far as what they are more-recently.
The effects of the smartphone industry on mp3 players was that decline in the music player industry has been noticed.
What are smartphones?Smartphones are referred to as electronic devices mainly used to communicate with people. Smartphones make the life of an individual easier by providing facilities with one click.
The majority of companies that produce MP3 players have entered the smartphone market due to the decline in mp3 players. A number of businesses well-known for producing electronic products, such as MP3 players, have now changed their attention to producing smartphones.
As the market conditions changed over time, Apple responded in a way that helped it become one of the top brands known for its innovation. Apple focuses on providing outstanding customer value. Apple shifted its attention to the design and the display to increase customer satisfaction.
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Agricultural land includes all of the following EXCEPT which?
The land that is least conducive to agriculture is sandy soil. This is further explained below.
What is sandy soil?Generally, Light, warm, dry, sandy soil that is acidic and deficient in nutrients is what you may expect to find in a typical climate. Because of their low clay content, sandy soils are often referred to as "light soils."
In conclusion, The term "permanent cropland" includes wooded plantations used to harvest fruit but excludes tree farms and true forests utilized for wood or lumber.
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1. prepare income statements for both garcon company and pepper company. 2. prepare the current assets section of the balance sheet for each company.
There are three main parts of income statements and they are:
RevenueExpensesProfitWhat is an Income Statement?This refers to the profit and loss account of a company that shows the expenses and revenue for a particular company.
Hence, we can see that a sample income statement would be:
BOSKA COMPANY
Income statement for August 29, 2021
NET SALES------------------ $2,000,000
GROSS SALES-------------$500,000
GROSS PROFIT-------------$1,5000,000
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