Answer:
The correct approach will be "Reversionary working interest".
Explanation:
Reversionary value or interest seems to be an individual's value in something like a community when a prior estate continues to function. It represents any curiosity that is deferred to something like the gratification of. Under reversive consideration, the obligation of a mortgagee to provide and inhabit land becomes susceptible to something like constraints imposed by the proprietor.Ayayai Mining Company purchased land on February 1, 2020, at a cost of $1,038,200. It estimated that a total of 57,900 tons of mineral was available for mining. After it has removed all the natural resources, the company will be required to restore the property to its previous state because of strict environmental protection laws. It estimates the fair value of this restoration obligation at $111,600. It believes it will be able to sell the property afterwards for $124,000. It incurred developmental costs of $248,000 before it was able to do any mining. In 2020, resources removed totaled 28,950 tons. The company sold 21,230 tons.
Compute the following information for 2020.
(a) Per unit mineral cost $
(b) Total material cost of December 31, 2020, inventory $
(c) Total material cost in cost of goods sold at December 31, 2020 $
Answer:per unit mineral cost = $ 22 per ton
Total material cost of December 31, 2020, inventory= $ 169,840
Total material cost in cost of goods sold at Dec 31,2020= $ 467,060
Explanation:
Details on the property Amount
Add:
Purchase cost $ 1,038,200
Restoration cost $ 111,600
Development cost $ 248,000
Deduct:
Sales value on the property $124,000
Total material cost $1,273,800
Given that 57,900 tons are mined
a)
Per unit mineral cost = 1,273,800/57,900 = $ 22 per ton
b) Total material cost of December 31, 2020, inventory
Ending Minerals in inventory at Dec 31st 2020 = Tonnes mined – tonnes sold = 28,950-21,230 = 7, 720
therefore, total material cost of inventory = 7,720 x 22 = $ 169,840
Total material cost in cost of goods sold at Dec 31,2020
cost per ton = $22
goods sold = 21,230
therefore total material cost of goods sold = $22 x 21,230 = $ 467,060
_____________ are a form of financial instrument through which corporations and governments borrow money from financial investors and promise to repay with interest.
Answer:
Bonds
Explanation:
Bonds are financial instruments that are used to obtain funding from the bond holders. It is a debt security that is issued by a government or corporation to investors.
When investors buy bonds the funds are used by governments for its operations and various projects. Interest is paid on the bonds.
Bonds can be municipal bonds or corporate bonds.
Unlike shares bonds does not grant the holder an equity or ownership stake in the company, rather it grants a creditor stake.
Which of the following statements are correct? Variable service department costs are charged to operating divisions based on the budgeted rate and budgeted activity. Fixed service department costs are based on actual cost and budgeted activity. Fixed service department costs are based entirely on budgeted data. Variable service department costs are
Answer:
•Variable service department costs are charged to operating divisions based on the budgeted rate and actual activity.
• Fixed service department costs are based entirely on budgeted data.
Explanation:
Out of the statements in the question, the correct statements are:
Fixed service department costs are based entirely on budgeted data and
Variable service department costs are charged to operating divisions based on the budgeted rate and actual activity.
It should be noted that fixed cost doesn't varies with production level but variable cost varies with production level.
when management directs attention only to those activities not proceeding according to plan, they are engaging in
Answer: management by exception
Explanation:
When when management directs attention only to those activities not proceeding according to plan, it simply shows that they are engaging in management by exception.
In management by exception, cases that are deviating from the norms are identified and handled.
If the natural rate of unemployment equals 4 percent and the actual rate of unemployment equals 6 percent, then cyclical unemployment equals:
Answer:
2%
Explanation:
The natural rate of unemployment is 4%
The actual rate of unemployment is 6%
Therefore, the cyclical unemployment can be calculated as follows
Cyclical unemployment= actual rate of unemployment-natural rate of unemployment
= 6%-4%
= 2%
Hence the cyclical unemployment is 2%
A road map indicating the direction of systems development, the rationale, the current systems, new developments to consider, the management strategy, the implementation plan, and the budget is called a(n): .
Answer: information systems plan
Explanation:
A road map indicating the direction of systems development, the rationale, the current systems, new developments to consider, the management strategy, the implementation plan, and the budget is called an information systems plan.
Information System Planning (ISP) is an approach that waa actually developed in order to help organizations establish a plan which can be used by the organizations to satisfy their information requirements which can either be short or long term basis.
If you have an offer that’s targeted towards your leads in your database and wouldn’t provide as much value to your customers, what could you segment by to send only to your leads?
Answer:
Lifecycle stage
Explanation:
A lifecycle stage represents how far a contact has moved through their buying journey.
This lifecycle stage has been broken down into five well defined stages: reach, acquisition, conversion, retention, and loyalty.
Companies in stage _____ of a supply chain management implementation concentrate on making improvements to internal supply chain processes and external processes and relationships with suppliers and customers.
Answer: stage one
Explanation: A company in stage one of supply chain management (SCM) implementation focuses on making improvements to internal supply chain processes and external processes and relationships with suppliers and customers.
stage two concentrates on expanding the business network of Web-enabled SCM-capable trading partners in their supply chain to increase operational efficiency and effectiveness in meeting strategic business objectives.
stage three strives to optimize the development and management of their supply chains in order to meet strategic customer value and business value goals. Collaborative marketing occurs here.
Tom is the beneficiary and is concerned about both running out of money during his lifetime and at the same time leaving funds behind to the insurer. Looking for some time period guarantee, Tom should consider the _________ settlement option.
Answer:
lifetime annuity with period certain settlement option
Explanation:
Based on the specifications that Tom is looking for, he should consider the lifetime annuity with period certain settlement option. This is an annuity that pays a benefit to the annuitant until death, but with a period certain option, the estate's beneficiary will continue to receive annuity payments until the specified timeframe of the period certain expires. Which would meet the requirements that Tom is looking for.
_________was created to reform, and to restore confidence in, the stock market by providing a means to monitor the market and to enforce laws regarding the sales of stocks and bonds.
"An adolescent is to receive radioactive iodine for Graves' disease. Which statement by the client reflects the need for more teaching?"
Answer: d) "The advantage of radioactive iodine is that I will not need future medication for my disease."
Explanation:
The treatment of Graves disease using radioactive iodine is meant to destroy the thyroid gland so that the person will see a reduced function from it.
This means that after the treatment is used, a lot of patients will need a thyroid replacement and will have to keep receiving treatments to maintain.
Essentially the radioactive iodine is not the last medication that will be taken for Graves disease.
One friend asks you to go to
the movies and the other
asks you to go to the park.
What is the opportunity cost
if you choose to go to the
park? Explain why
Mint-Microprocessors Corp. learned that its biggest competitor dropped prices dramatically in the European market. In response, Mint-Microprocessors decided to do the same in Asia. This resulted in the competitor minimizing its aggressive stance and returning to earlier price points. This is an example of _________ pricing.
Complete Question:
Mint-Microprocessors Corp. learned that its biggest competitor dropped prices dramatically in the European market. In response, Mint-Microprocessors decided to do the same in Asia. This resulted in the competitor minimizing its aggressive stance and returning to earlier price points. This is an example of ________ pricing.
Group of answer choices
A. prescriptive
B. dumping
C. multipoint
D. predatory
E. leader
Answer:
C. Multipoint.
Explanation:
In this scenario, Mint-Microprocessors Corp. learned that its biggest competitor dropped prices dramatically in the European market. In response, Mint-Microprocessors decided to do the same in Asia. This resulted in the competitor minimizing its aggressive stance and returning to earlier price points. This is an example of multipoint pricing.
A Multipoint pricing refers to the situation, where two or more firms compete and a firm's pricing strategy in one market (international trade) basically has an impact on the rival firm's pricing strategy in another market (international trade).
The first thing to do in selecting a marketing channel is to determine which type of channel will best meet both the seller's objectives and the distribution needs of customers.
Answer:
True.
Explanation:
A marketing channel can be defined as the process of developing marketing techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers. There are four (4) main types of marketing channels;
1. Direct selling.
2. Dual distribution.
3. Sales through intermediaries.
4. Reverse channel.
Hence, the first thing to do in selecting a marketing channel is to determine which type of channel will best meet both the seller's objectives and the distribution needs of customers.
Land and things permanently attached to the land, such as trees, buildings, and stationary mobile homes are _______.
A. real property
B. cyber property
C. personal propertyD. intellectual property
Answer:
A. real property
Explanation:
These are known as real property. Like mentioned in the question, this is land and all of the property attached to it, this includes any and all subsets of land that have been improved through any form of legal human actions. There are many things that are included in a piece of land that can be considered real property such as buildings, ponds, canals, roads, and machinery, among other things.
_______________ involves the electronic exchange of business transaction documents over the Internet and other networks between supply chain trading partners (organizations and their customers and suppliers).
The question is incomplete:
_______________ involves the electronic exchange of business transaction documents over the Internet and other networks between supply chain trading partners (organizations and their customers and suppliers).
A. Data exchange
B. Intranets
C. Electronic data interchange
D. Data interchange
Answer:
C. Electronic data interchange
Explanation:
-Data exchange is a process to share information between different programs.
-Intranet is a network created by a company for the use of its employees.
-Electronic data interchange is the process used to send information electronically from one company to another one.
-Data interchange refers to sending information between two or more parties.
According to this, the answer is that electronic data interchange involves the electronic exchange of business transaction documents over the Internet and other networks between supply chain trading partners (organizations and their customers and suppliers).
JDS Shipyard's projected benefit obligation, accumulated benefit obligation, and plan assets were $95 million, $85 million, and $75 million, respectively, at the end of the year. a. What, if any, pension liability or pension asset must be reported in the balance sheet
Answer:
A. $20 million
B. $6 million
Explanation:
A.Calculation for pension liability or pension asset that must be reported in the balance sheet
Using this formula
Pension liability=Projected benefit obligation -Plan assets
Where,
Projected benefit obligation =$95 million
Plan assets =$75 million
Let plug in formula
Pension liability =$95 million-$75 million
Pension liability =$20 million
Therefore the pension liability or pension asset that must be reported in the balance sheet will be $20 million.
B. Calculation for if the plan assets were $89 million instead
Using this formula
Pension liability=Projected benefit obligation -Plan assets
Where,
Projected benefit obligation =$95 million
Plan assets =$89 million
Let plug in formula
Pension liability =$95 million-$89 million
Pension liability =$6 million
Therefore if any, pension liability or pension asset must be reported in the balance sheet if the plan assets were $89 million instead will be $6 million .
You're prepared to make monthly payments of $320, beginning at the end of this month, into an account that pays 11 percent interest compounded monthly. How many payments will you have made when your account balance reaches $24,354?
Answer:
You would have made 58.00 payments
Explanation:
From the given information:
The future value of the annuity = [tex]Pmt \times [\dfrac{(1+rate)^t-1}{rate}][/tex]
[tex]24354 = 320 \times [\dfrac{(1+\dfrac{0.11}{12})^t -1 }{\dfrac{0.11}{12}}][/tex]
[tex]76.11 = [\dfrac{(1+\dfrac{0.11}{12})^t -1 }{\dfrac{0.11}{12}}][/tex]
[tex]76.11 \times {\dfrac{0.11}{12} = [{(1+\dfrac{0.11}{12})^t -1}][/tex]
[tex](1+ (76.11 \times {\dfrac{0.11}{12})) = [{(1+\dfrac{0.11}{12})^t }][/tex]
[tex]In (1+ (76.11 \times {\dfrac{0.11}{12})) = t \ In [{(1+\dfrac{0.11}{12})}][/tex]
[tex]\mathtt{t = \dfrac{In (1+ (76.11 \times {\dfrac{0.11}{12})}} { In [(1+ \dfrac{0.11}{12}]}}}[/tex]
t = 58.00
If information processing was perfect, many studies conclude that individuals would tend to make __________ decisions using that information due to __________.
a. less than fully rational; behavioral biases
b. fully rational; behavioral biases
c. less than fully rational; fundamental risk
d. fully rational; fundamental risk
e. fully rational; utility maximization
Answer: a. less than fully rational; behavioral biases
Explanation: Information processing errors consist of forecasting errors , overconfidence and conservatism which can lead investors to misestimate the true probabilities of possible events or associated rates of return; and assuming information processing was perfect, individuals would tend to less-than-fully rational decisions due to behavioral biases as confirmed by several studies.
Based on sociological context, if information processing was perfect, many studies conclude that individuals would tend to make less than fully rational decisions using that information due to behavioral biases.
This implies that humans are generally biased in their decision-making.
Regardless of whether the information processing is perfect or not, humans only base their decisions on what they feel is right or what they believe to be true.
Hence, in this case, it is concluded that the correct answer is option A. "less than fully rational; behavioral biases."
Learn more here: https://brainly.com/question/14300217
give four features of subsistence production
Answer:
The main features of Subsistence Farming are as follows:
In subsistence farming, landholdings tend to be small and scattered.
The farmers tend to use traditional methods of agriculture.
The output is not very high and it is consumed within the family........
Advertising is an important aspect of monopolistic competition and oligopoly because brand distinction encourages consumer loyalty, which increases profits. there is product homogeneity in these industries. price changes are not allowed. there are significant substitution possibilities in these industries. b. Advertising promotes efficiency and benefits consumers by helping consumers determine their preferences and limiting the number of products firms have to produce. helping consumers determine their preferences and increasing the number of products firms have to produce. providing information about new products, reducing the number of firms in the industry, and raising average revenue. providing information about new products, increasing sales and output, and lowering average total cost. c. Which of the following statements is true? Persuasive advertising can increase brand loyalty, which encourages new entry into the industry. Persuasive advertising can be important in encouraging new entry into the industry. Excessive advertising can decrease brand loyalty, which encourages new entry into the industry. Persuasive advertising can be excessive, creating a barrier to entering the industry.
Answer:
a. Advertising is an important aspect of monopolistic competition and oligopoly because:
1. brand distinction encourages consumer loyalty, which increases profits.
b. Advertising promotes efficiency and benefits consumers by :
4. providing information about new products, increasing sales and output, and lowering average total cost.
c. Which of the following statements is true?
2. Persuasive advertising can be important in encouraging new entry into the industry.
Explanation:
Bill is building a project network that involves testing a prototype. He must design the prototype (activity 1), build the prototype (activity 2), and test the prototype (activity 3). Activity 1 is the predecessor for activity 2 and activity 2 is the predecessor for activity 3. If the prototype fails testing, Bill must redesign the prototype; therefore, activity 3 is a predecessor for activity 1. This is an example of
Answer:
looping
Explanation:
Based on the scenario being described it can be said that this is an example of looping. This term refers to a group of activities or tasks that are organized in a sequence, in which one task starts after the previous task has finished and when all the tasks have been completed the sequence repeats itself starting from the first task. Which is what happened in this scenario as activity 3 finished, thus causing activity 1 to start again.
McKenna offers to sell Lori her collection of hand-painted European tiles. Before Lori has a chance to accept, McKenna says, "Sorry, I changed my mind. I’m not going to sell the tiles." McKenna has just made:
Answer:give the person above this brainlyest :)
Explanation:
The main disadvantage of a monetary union is the loss of national monetary and exchange rate policy independence. lessened political integration. increased exchange rate uncertainty. none of the options
Answer:
The correct option is;
Loss of national monetary and exchange rate policy
Explanation:
The disadvantages of the establishment of monetary unions includes;
1) The loss of independence in monetary policy
2) The associated problems that arise due to the the initial establishment of the union
3) Tedious nature of the task of attaining comprehensive capital mobility
The advantages are;
1) Lack of uncertainty in exchange rate variation
2) Reduced cost of doing business
3) Improved fiscal stability as well as control of the inflation rate by supranational central bank.
"Do we have a loyalty program?" is a question about which of the 5Cs? a. collaborators b. context c. customer d. company
Answer:
c. customer
Explanation:
-Collaborators: Refers to all the people or organizations that work with the company to provide the products or services like suppliers, distributors and investors.
-Context refers to external factors that can affect your business like trends.
-Customer refers to the people that purchase and use your product or service. This involves gathering information about your customers, their preferences and customer's strategies.
-Company refers to analyzing the company, its goals, experience and image to be able to determine if it can meet the customer's needs and accomplish its objectives.
According to this, the answer is that "Do we have a loyalty program?" is a question about customer because it refers to strategies companies use to handle the relationship with the customer and encourage repeat purchases.
Callaway Golf Company conducted a one-time survey of golfers and asked them about their attitudes, preferences, and intentions regarding buying custom clubs. This is an example of a(n) a. cross-sectional study. b. exploratory research. c. causal research. d. field experiment.
Answer:
a. cross-sectional study.
Explanation:
A cross-sectional study is the study that consists of data taken from a population for a particular period of time. Here study derives the interest variables that are be selected
Here in the given situation, since the company conducted a survey based on people attitudes, their preferences, intentions so that they can able to analyze purchasing the custom clubs
So here the cross sectional study is to be used
hence, the correct option is a.
Carla's Cards uses a ________ to sell and market the entire line of greeting cards. It designs promotional plans, sets prices, determines distribution policies, and makes recommendations to Carla on product strategy.
Answer: selling agent
Explanation:
A selling agent is an agent who sells a product for an economic agent such as an individual, firm or government and gets commission for the products sold.
Carla's Cards uses a selling agent to sell and market the entire line of greeting cards. It designs promotional plans, sets prices, determines distribution policies, and makes recommendations to Carla on product strategy.
"During extended periods of high inflation, it can be expected that common stock price movements, as measured by the NYSE Composite Index, will show a:"
Answer:
negative correlation
Explanation:
In such a scenario common stock price movements will show a negative correlation. Meaning that as inflation levels rise the price values of these common stock assets will decrease, which the same can apply the other way around. This tends to occur because a stock's price is just the risk-adjusted present value of the company's future cash flows, thus a rise in inflation will always cause it to drop.
The president of a Mexican company recently remarked, "Business in Mexico is done on a consensus basis, very genteel and sometimes slow by U.S. standards." A few months later, the Mexican company and its U.S. joint venture partner parted company. Judging by the president's remark, one important reason for the "divorce" was:
Answer: cultural differences
Explanation:
Cultural differences also known as cultural diversity are the beliefs, languages, practices of certain races or ethnic groups which make them different from other races.
Cultural diversity can sometimes bring about issues in communication. In the question, judging by the president's remark, one important reason for the "divorce" was cultural differences.
Which error occurs when managers allow initial impressions, statistics, or estimates to control or excessively influence subsequent thoughts and decisions
Answer: anchoring bias
Explanation:
Anchoring bias is simply the error that occurs when managers allow initial impressions, statistics, or estimates to control or excessively influence subsequent thoughts and decisions.
In anchoring, an individual allows an earlier piece of information that he or she has gotten to impact his or her future thoughts as decisions will be made based on the earlier information which can be bias.