Answer:
$961.54
Explanation:
we need to find out the present value of $1,000 in one year:
present value = future value / (1 + interest rate)ⁿ
future value = $1,000interest rate = 4%n = 1present value = $1,000 / (1 + 4%) = $1,000 / 1.04 = $961.54
this is an example of the financial principle of time value of money, i.e. one dollar today is worth more than one dollar tomorrow
Seadrill Engineering licensed software to oil-drilling firms for 5 years. In addition to providing the software, the company also provides consulting services and support to ensure smooth operation of the software. The total transaction price is $420,000. Based on standalone values, the company estimates the consulting services and support have a value of $120,000 and the software license has a value of $300,000. Assuming the performance obligations are not interdependent, the journal entry to record the transaction includes:
a. a credit to Sales Revenue of $420,000.
b. a credit to Unearned Service Revenue of $120,000.
c. a credit to Sales Revenue for $300,000 and a credit to Unearned Service Revenue of $120,000.
d. a credit to Service Revenue of $120,000.
Answer:
c. a credit to Sales Revenue for $300,000 and a credit to Unearned Service Revenue of $120,000.
Explanation:
In the scenario of accepting money for an extended warranty/support service, the seller in the case has agrees to provide services in the future. The revenue is not earned until the earning process is substantially completed in the future. So the correct option is c.
If marginal business tax rates are decreased, how will aggregate supply and employment change in the long run
Answer:
If corporate tax rates decrease, this should shift the aggregate supply curve tot he right, increasing total quantity supplied and price level. An increase in the quantity supplied should eventually make that producers hire more workers, therefore, the unemployment rate should decrease.
Explanation:
A laptop assembly plant needs to increase its productivity in a competitive business environment while also reducing the number of workers and resources associated with the production process. The strategy that this company should use is called:
Answer:
an output-based approach
Explanation:
In this scenario, the company should use an output-based approach. This is any approach whose decisions revolve around cutting down costs while at the same time increasing production. Therefore, drastically increasing the plant's efficiency. The more products that are created the more income that the plant can generate. If the costs are also cut down this income becomes more profit for the company. This is exactly what the laptop assembly plant needs to compete in this market.
In your own words, define “ study habits.”
Answer:
Study skills, academic skill, or study strategies are approaches applied to learning. They are generally critical to success in school, considered essential for acquiring good grades, and useful for learning throughout one's life.
I don't know if that was the answer you were looking for.. but that's the best I can do.
Answer:
Study skills, academic skill, or study strategies are approaches applied to learning. They are generally critical to success in school, considered essential for acquiring good grades, and useful for learning throughout one's life.
Explanation: Hope it helps ^w^
P&G sells cosmetics, laundry detergent, and products like Pringles to the ________ market by establishing strong brand images, developing superior products, ensuring their availability, and backing them with engaging communications and reliable performance"
Answer:
Consumer
Explanation:
A consumer market is simply defined as all the individuals and households who gets or purchase and acquire goods and services.
A Consumer is simply an individual who see, knows or is able to identifies a need or desire, thereafter buy the product and then disposes of the product during the three stages of the consumption process.
the Quality Control element most directly related to assuring that the company has sufficient personnel with needed competence, capabilities, and commitment is
Answer:
Human resources (HR).
Explanation:
The Quality Control element most directly related to assuring that the company has sufficient personnel with needed competence, capabilities, and commitment is Human resources (HR).
Human resources (HR) can be defined as an art of managing, controlling and improving the number of people (employees or workers), functions, activities which are being used effectively and efficiently by an organization.
Hence, human resources managers are saddled with the responsibility of managing and improving the welfare and working conditions of the employees working in an organization.
The shareholders' equity of Green Corporation includes $398,000 of $1 par common stock and $580,000 par of 7% cumulative preferred stock. The board of directors of Green declared cash dividends of $68,000 in 2018 after paying $38,000 cash dividends in each of 2017 and 2016. What is the amount of dividends common shareholders will receive in 2018
Answer:
$22,200
Explanation:
The computation of the dividend amount made to the common shareholders is shown below:
Arrear in Preferred Stock Dividend is
= $580,000 × 7% × 2 - $38,000 - $38,000
= $5,200
Now
Current Preferred Stock Dividend is
= $580,000 × 7%
= $40,600
Now
The amount of dividends made to the common shareholders is
= $68,000 - $40,600 - $5,200
= $22,200
Compare the development of clustered rural settlements with dispersed rural settlements. In your paragraph, consider each of the following:
explanation or description of each advantages or purpose of such a community one specific example of its use.
Answer:
Dispersed settlement are simplex and uncommon while the compacted are common and densely populated.
Explanation:
The dispersed rural settlements are called scattered settlements, they are spread out in the entire area. The clustered settlements are nucleated or compact in nature and are closely build up houses. The dispersed settlements are found along the tree lines, rivers, ponds and are sparsely populated. They are small groups of buildings ad are popular in the mid-west US. The clustered settlements are closely knitted and represent geometric patterns such as rectangular, radial, and linear. They are densely populated.Suppose that the stock return follows a normal distribution with mean 20% and standard deviation 40%. What is the 5% VaR (value-at-risk) for this stock
Answer:
The 5% VaR (value-at-risk) for this stock 0.858
Explanation:
Value at risk determines the value of the investment at risk of loss. It shows how much of the investment might lose in the given market conditions.
Now deter,ine the value at risk formula
Var = Mean + Standard Deviation x Z score value
Where
Mean = 20%
Standard Deviation = 40%
Z score value = Z Score at significance 5% = 1.645
Placing values in the formula
Var = 20% + 40% x 1.645
Var = 0.2 + 0.4 x 1.645
Var = 0.2 + 0.658
Var = 0.858
How much can Jeff claim as an itemized deduction for taxes paid if he paid the following in 2019: (state income tax withheld of $5000; real estate taxes of $3500; personal property taxes based on value of his car of $1000, state income tax owned for 2016 of $450; and gas tax of $675)
Answer:
The maximum state and local tax deduction is $10,000 for all combined state and local taxes paid during the year. That is the maximum amount that Jeff would be able to deduct if he itemizes. In this case, the maximum deduction would be = $5,000 + $3,500 + $1,000 + $450 = $9,950.
Unless Jeff has other applicable deductions, he would be better off by taking the standard deduction.
On 1/1/27, Frankfort Company sold 100 components at $700 each. All sales were cash sales. Estimated total cost servicing the components was $1,300 each year of the three-year-warranty. Frankfort spent $1,400 servicing the components in 2027. This is considered an assurance-type warranty. Using the Expense Warranty approach, what is the 12/31/27 Warranty Liability
Answer:
the 12/31/27 Warranty Liability is $2,500
Explanation:
An assurance type warranty gives a customer assurance that the Good or Service will function or work as intended.
There is no option on the customer to take the warranty or not. Therefore, an assurance type warranty is not a separate performance obligation for revenue recognition.
Assurance type warranties are accounted for in terms of IAS 37 : Provisions.
Entries that Frankfort Company will have made Using the Expense Warranty approach will be :
Date : 1/1/27
Debit : Warranty Expense $1,300
Credit : Warranty Provision $1,300
Providing for amount it will cost the entity in 2027
Date : 12/31/27
1st increase the provision
Debit : Warranty Expense $100
Credit : Warranty Provision $100
then utilize the provision
Debit : Warranty Provision $1,400
Credit : Cash $1,400
When warranty claim is subsequently received
Conclusion :
Warranty liability remaining = $3,900 - ($1,300 + $100)
= $2,500
An investment is expected to yield $300 in three years, $500 in five years, and $300 in seven years. What is the present value of this investment if our opportunity rate is 5%
Answer:
Total PV= $864.11
Explanation:
Giving the following information:
Cash flows:
Cf3= $300
Cf5= $500
Cf7= $300
Opportunity rate= 5%
To calculate the total present value, we need to use the following formula on each cash flow:
PV= FV/(1+i)^n
PV1= 300/(1.05^3)= 259.15
PV2= 500/(1.05^5)= 391.76
PV3= 300/(1.05^7)= 213.20
Total PV= $864.11
Luther's Operating Margin for the year ending December 31, 2008 is closest to: Group of answer choices 0.5% 0.7% 5.4% 6.8%
Answer:
the operating margin is 5.4%
Explanation:
The computation of the operating margin is shown below:
As we know that
Operating Margin = Operating Income ÷ Sales
= $31.3 ÷ $578.3
= 5.4%
Hence, the operating margin is 5.4%
It could be determined by dividing the operating income from the sales
Determine the number of cycles per day and the production quantity per cycle for this set of vehicles: Product Daily Quantity A 18 B 16 C 4 D 16
Answer:
The Number of cycles is 4
Product Daily Quantity Daily Unit per cycle
A 18 18/4 = 4.5 units
B 16 16/4 = 4 units
C 4 4/4 = 1 unit
D 16 16/4 = 4 units
Strengths and weaknesses Group of answer choices should be kept confidential. are areas of high and low capability. relate to the external environment. are an outcome of strategic implementation.
Answer: are areas of high and low capability.
Explanation:
Strength and weakness are areas of high and low capability. Some examples of the strengths that an organization has include large market share, strong employee attitudes, economies of scale, hug integrity etc. These gives an organization an edge over its rivals.
The weakness of an organization makes such organization lag behind its rivals.
c. Suppose that the total amount to be paid under the contract with the city is estimated at $14,000 but may be adjusted to $12,000 next year during the review of the city budget. What amount from the contract, if any, should Brown Thumb recognize as income this year
Answer:
$14,000
Explanation:
The amount that should reported as the income for this year is $14,000 as if he takes the other amount so he wants to adjust the amount in order to reconcile the real amount of income
So as per the given situation this year amount i.e. $14,000 would be considered and the other amount i.e. $12,000 would be ignored
SO the same is to be relevant
In the _____________ stage of a project the product is delivered to the customer and resources are released from the project
Answer: closing
Explanation:
The project life cycle is referred to as a framework that shows how projects successfully move from the beginning to the end.
It is in the closing stage that the product will be delivered to the customer and the resources are released from the project.
Product is termed as the management term for the goods and services that are availed by the firm to the customer at the prevailing price in the market as per the affordability of the customers.
The correct answer is a closing stage.
The closing stage is termed as the stage in which the products or the projects both are withdrawn at the end of the events when the customer has been delivered with the desired goods and services.
The last stage of the project service life is really the Post Implementation Phase. Handing over deliverables to your customer, giving documents to the business, canceling supplier contracts, releasing workers and equipment, and notifying participants of the project's completion are all part of project closure.
To know more about the stages of the product and services that can be delivered, refer to the link below:
https://brainly.com/question/6508578
In a competitive market, the quantity of a product produced and the price of the product are determined by:
Answer:
All buyers and sellers
Explanation:
A competitive market is a market where there are lots of producers who produces goods and service hence compete with one another with a view to providing and supplying goods and services that suits the needs of consumers.
In a competitive market, there are no barriers to entry and exit. Also, there are many buyers and sellers, hence there is adequate information about the price of a product. There are also no cost attached to transactions, undifferentiated products and both buyers and sellers determines the quantity of a product produced and the price of the product.
If Malaland exports $51 billion in goods to Bursia, and Malaland imports $34 billion of goods from Bursia , what is the goods trade balance for Malaland
Answer:
$17 billion
Explanation:
Calculation for what is the goods trade balance for Malaland
Using this formula
Goods trade balance=Exports goods- Imports goods
Let plug in the formula
Goods trade balance=$51 billion- $34 billion
Goods trade balance=$17 billion
Therefore the goods trade balance for Malaland will be $17 billion
Smith buys and sells securities. On December 15, 2018, Smith purchased $548,000 of Jones shares and elected the fair value option to account for the Jones investment. As of December 31, 2018, the Jones shares had a fair value of $594,000. In the 2018 financial statements, Smith will report (ignore taxes):
Answer:
Investment income of $46,000 in its income statement
Explanation:
Calculation for the amount that Smith will report in the 2018 financial statements,
Investment income =Fair value of $594,000-Purchased $548,000
Investment income =$46,000
Therefore Smith will report investment income of $46000 in its 2018 financial statements,
On July 1, a company paid the $3,360 premium on a one-year insurance policy with benefits beginning on that date. What will be the insurance expense on the annual income statement for the first year ended December 31
Answer:
$1,680
Explanation:
Based On the information given if on July 1 the company paid the amount of $3360 as a premium on a year insurance policy which as well include benefits beginning on that date, What will be the insurance expenses on the annual income statement for the first year ended December is $1,680 Calculated as:
Insurance expenses=6/12*$3360
Insurance expenses=$1,680
Therefore What will be the insurance expenses on the annual income statement for the first year ended December is $1,680
Which of the following is NOT one of the suggested steps for time management? a. Work on tasks in order of importance b. Identify trivial activities c. Make a list every morning d. Impression management
Answer:
d. Impression management
Explanation:
In order to effectively manage ones time, it is important make a list of tasks and to order the tasks in order of importance. This would ensure that the most important tasks are done first.
It is also important to identify trivial tasks. Trivial tasks can be identified and eliminated.
When preparing a trial balance worksheet, what step would Tom complete next if he has already prepared a trial balance, adjusted entries and prepared an adjusted trial balance
Answer:
He must prepare the income statement.
Explanation:
The last entries of the trial balance are temporary accounts that belong to the income statement. Tom should focus on them after finishing the adjusted trial balance. After he prepares the income statement, then he can proceed to close all the temporary accounts and calculate retained earnings.
Canon was able to redesign the copying machine so that it didn't need professional service—reliability was built directly into the machine, and the user could replace parts, such as the cartridge. What Xerox had not envisioned was the possibility that the components of the copying machine could be put together in an altogether different way that was more user-friendly. This example describes:______
a. architectural innovation.
b. incremental innovation.
c. radical innovation.
d. disruptive innovation.
Answer:
a. architectural innovation.
Explanation:
From the question we are informed about Canon who was able to redesign the copying machine so that it didn't need professional service—reliability was built directly into the machine, and the user could replace parts, such as the cartridge. What Xerox had not envisioned was the possibility that the components of the copying machine could be put together in an altogether different way that was more user-friendly. In this case This example describes architectural innovation.
Architectural innovation can be regarded as innovation of an architecture which involves
reconfiguration of products technology that has been in existence so that improvement can be made. It is way to innovate products that can undergo changes as well as modified one that has its components link together.
The marketing activity that receives the most attention from those concerned with ethical considerations is product strategy, but promotion, marketing research, and pricing also get their share of attention. True False
Answer:
True.
Explanation:
This statement is true, due to the fact that the marketing activities whose competences are ethical considerations, encompass the product strategy as a focus, but also the promotion, marketing research and prices. Ethical considerations in relation to the marketing of a product, means that the product will meet the demands of consumers and satisfy their wants and needs along with the ethical considerations contained in the product. As an example we can mention a makeup company that uses stamps that do not perform tests on animals and uses biodegradable packaging, this company is attesting to consumers ethical values required by its potential audience, so research is needed to identify what their customers' demands are , price strategy in product development and commercialization, etc.
If the contribution margin ratio is 45%, target operating income is $50,000, and the sales revenue needed to achieve the target operating income is $300,000, what are total fixed expenses
Answer:
$85,000= fixed costs
Explanation:
Giving the following information:
Contribution margin ratio= 0.45
Desired profit= $50,000
Break-even point in sales with desired income= $300,000
To calculate the fixed costs, we need to use the following formula:
Break-even point (dollars)= (fixed costs + desired profit) / contribution margin ratio
300,000 = (fixed costs + 50,000) / 0.45
135,000 - 50,000 = fixed costs
$85,000= fixed costs
The divisions of a corporation, working together, accomplished an ROI that is greater than they did when each division worked independently. This corporation is said to have achieved ________.
Answer:
Synergy
Explanation:
Each of these division have now come together and have achieved more than they used to get independently.
This means that they have achieved synergy. Synergy occurs when two companies merge together, as in the case of this two divisons, and by merging they accomplish more together than they would have accomplished apart. synergies can be achieved through the creation or combination of products or markets.
What is the standard deviation of returns of a portfolio that produced returns of 10%, 15%, 25%, and 30%
35404550556066707780
Question 3 of 10
If
you consistently work
your job.
it's possible that you will become burned out at
A. full time
B. undertime
C. overtime
D. part time
Answer:
C
Explanation:
The answer is C, as working full time is normal, part time is only just part time, and under time is not working a lot at all.
What are some of the advantages and disadvantages of a) individuals as innovators, b) firms as innovators, c) universities as innovators, d) government institutions as innovators, e) nonprofit organizations as innovators
Answer:
a. Individuals as innovators
Advantages
1. Individuals have no limits (no hard rules) as to whom they can sell their innovation to.
2. An individual can be able lead a successful career with their innovation is any company
Disadvantages
1. Capital is a major limit for most individuals who may not be able to market their innovations.
2. Lack of Knowledge in Patenting innovation ideas have led to most individuals losing their innovation to others.
b. firms as innovators
Advantages
1. Successful innovation can help a firm improve its processes and increase its revenues.
2. Innovation in a unique product can often lead a firm to monopoly as the product becomes a necessity
Disadvantages
1. Firms have more rivalry such that others can copy the innovation or produce another close substitute which can render all efforts to a loss.
2.It takes so much time for the innovation to be approved in a firm as some structures of authority have to be followed and also depending on the culture of the firm towards innovation.
c. universities as innovators
Advantages
1. Universities are better able to raise capital through the Research Funds granted to them by stakeholders.
2. Innovation increases a University`s reputation and improves it rankings.
Disadvantages
1. High dependence on government agencies for funding by Universities means Innovation successes are easily affected by the fiscus.
2. Universities are not effective at marketing Innovations on their own.
d. government institutions as innovators
Advantages
1. The government can increase revenue by improving processes and cutting costs.
2. Innovation can improve transparency and help improve governance and administration.
Disadvantages
1. Adoption of innovation is usually slow as it has to pass so much bureaucracy.
2. Most personnel prefer working in private institutions hence the personnel to drive innovation in governments may be unavailable or inadequate
e. nonprofit organizations as innovators
Advantages
1. There is so much option for funding of innovations ranging from Individuals, Companies and Government
2. Most innovations are driven by Human Need hence their increased success.
Disadvantages
1. The innovation may not be able to generate the revenue to cover the costs.
2. The organizations are usually lacking personal's to drive innovations as people prefer to be paid more for their work.
Explanation:
Innovation is defined as the creation, development and implementation of a new product, process or service. The aim of innovation is to improve efficiency, effectiveness or competitive advantage. Innovation presents advantages and disadvantages to various players as listed above.