The necessary entry to illustrate the information is written below.
How to depict the entriesOne of a company's financial accounts, the income statement or profit and loss account, lists the company's receipts and outgoings for a specific time period.
Sales $ 480,000
Variable Expenses
COGS $ 336,000
Selling Expenses $ 24,000
Admin Expenses $ 24,000
$ 384,000
Contribution Margin $ 96,000
Selling Expenses $ 48,000
Admin Expenses $ 19,200
$ 67,200
Net Income $ 28,800
Sales $ 480,000
Variable Expenses
COGS $ 336,000
$ 336,000
Gross Margin $ 144,000
Selling Expenses $ 72,000
Admin Expenses $ 43,200
$ 115,200
Net Income $ 28,800
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In a safety stock problem where both demand and lead time are variable, demand averages 150 units per day with a daily standard deviation of 16, and lead time averages 5 days with a standard deviation of 1 day. The standard deviation of demand during lead time is approximately
The standard deviation of demand during lead time is approximately 154 units.
What is The standard deviation?A collection of values' differences or distributions is measured by the standard deviation. The dataset's optimum amount of unpredictability is represented by the standard deviation.
To calculate the standard deviation of demand
[tex]\sigmadLT = \sqrt{}[( Average Lead Time) * (\sigmad)2 ] + [(Average daily demand)2 * (\sigmaLT)2 ][/tex]
[tex]\sigmad = standard deviation of demand per day\\\sigmaLT = standard deviation of lead time in days[/tex]
[tex]Putting all these values in the formula, we get\sigmadLT = \sqrt{}[( Average Lead Time) * (\sigmad)2 ] + [(Average daily demand)2 * (\sigmaLT)2 ]= \sqrt{}[( 5) * (16)2 ] + [(150)2 * (1)2 ]= \sqrt{}[5 * 256 ] + [(22500 * 1 ]= \sqrt{}[1280 ] + [22500 ]= \sqrt{}23780= 154.21[/tex]
Therefore, The standard deviation of demand during lead time is approximately 154 Units.
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For each of the following, determine the amount that should be included in gross income:
a. Peyton was selected the most valuable player in the Super Bowl. In recognition of this, he was awarded an automobile with a value of $60,000. Peyton did not need the automobile, so he asked that the title be put in his parents’ names.
b. Jacob was awarded the Nobel Peace Prize. When he was presented the check for $1.4 million, Jacob said, "I do not need the money. Give it to the United Nations to use toward the goal of world peace."
c. Linda won the Craig County Fair beauty pageant. She received a $10,000 scholarship that paid her $6,000 for tuition and $4,000 for meals and housing for the academic year.
UN is qualified organization (non-profit). Hence, it is ascertained that J is entitled to exclude $1.4 million from his income (gross). Thus, option B is correct.
How to calculate gross income?Again, gross earnings refers to the total amount you earn earlier than taxes and other deductions, which is how an annual salary is normally expressed. Simply take the complete quantity of money (salary) you're paid for the year and divide it via 12.
Gross pay is what employees earn earlier than taxes, benefits and other payroll deductions are withheld from their wages. The amount last after all withholdings are accounted for is internet pay or take-home pay.
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Which of the following trends of the 1920s is most clearly portrayed in this advertisement?
A) The expansion of auto dealers throughout the country
B) the use of extended payment plans to purchase consumer goods
C) The emergence of General Motors as the largest company
D) The growth of middle-class incomes
The use of extended payment plans to purchase consumer goods trends of the 1920s is most clearly portrayed in this advertisement. The illustration illustrates that rather than emphasising consumer demands, advertising strategies. The answer is OPTION B
The 1920s were more concerned on appealing to consumer preferences. To market consumer goods, advertisers placed eye-catching adverts in magazines and newspapers. Fads, or transient styles and behaviours, were frequently started by the content of these periodicals. Newspapers and magazines played a role in forming the culture of the day. The radio became a part of mass media in the 1920s. On billboards, in magazines, newspapers, shop windows, and in movie theatres.
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Based on the following information, calculate net income for Dana's Dress Shop using the traditional format. Sales Gross Margin Contribution Margirn $360,000 $140,000 $110,000 Total Selling& Administrative Exp. $60,000 Click the answer you think is right. $80,000 $50,000 $190,000 $160,000 Do you know the answer? I know It Think so No idea 2 3 5 0 0
The answer is $80,000,
140,000-60,000=$80,000 This is not the same as gross income, which simply subtracts the cost of goods sold net income from revenue.
In the context of business and accounting, net income—also referred to as total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales—refers to an entity's income less its costs of goods sold, expenses, depreciation and amortisation, interest payments, and taxes for a particular accounting period. The net increase in shareholders' equity as a result of a company's operations is another way to define it. It is determined by subtracting all expenses and losses from the period's income and gainsIncome (gross) less any relevant taxes and other deductions equals net income for families and individuals.
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Identify the type of activity by choosing the best answer for each question Select each item listed below as being an identifying, recording, or a communicating activity. Items Preparing and entering a list of checks issued. Using a cash register to enter sales. Entering a list of the sales invoices, including the prices and quantities, for the company's recordkeeper. Interpreting information from financial reports, Preparing financial statements for creditors.
The answer is-a. Preparing and entering a list of checks issued is recording. b. Using a cash register to enter sales is recording. c. Entering a list of the sales invoices, including the prices and quantities, for the company's recordkeeper is identifying. d. Preparing financial statements for creditors is communicating.
In plain English, what is communication?Talking, writing, listening, and reading are all forms of communication. Sharing information is also a type of communication. Good communicators pay close attention, are clear in their speech or writing, and respect the views of others.
What does communication serve as a means of?Informing, expressing feelings, imagining, influencing, and conforming to societal standards are the five main goals of communication. There is a communication method that serves each of these goals.
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Identifying risks and creating the risk management plan is part of the __________ phase of the project life cycle.A. initiationB. planningC. implementationD. closing
Identifying risks and creating the risk management plan is part of the planning phase of the project life cycle. The project's scope and goal are established during the project planning stage of the project management life cycle. The answer OPTION B.
One of the most crucial aspects in making sure everything is delivered on time and under budget is proper management project planning. It can facilitate the planning process by bringing disparate complicated workstreams together. The project manager collaborates with the team to develop the technical design, task list, resource plan, communications plan, budget, and initial schedule for the project during the planning phase.
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the price at which willing buyers and sellers would trade is called blank ____value. multiple choice question. a. carrying b. accounting c. market d. book
The correct answer is (c) market value, which is the cost at which a good can be bought or sold and is established by the exchanges between buyers and sellers.
Fair value and book value: what are they?The carrying value, also known as book value, is an asset value derived from the balance sheet of a corporation. It is calculated by deducting the asset's cost from its depreciation over time. Typically, the market decides what an asset is worth at fair value.
Comparing fair value with market value?The most common method for determining an asset's true worth is fair value, which takes into account things like its growth potential and replacement costs. Market value is the real value that is noticed when an asset or liability is traded.
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jason's burgers, a famous diner, recently started taking orders online to reduce the customer wait time. this arrangement was perfect for busy office workers who frequented the place, and the sales went up considerably. jason's burgers attempted to _____. group of answer choices
A. establish alliances B. reduce costs C. raise barriers to market entry D. create a new product lock in customers
Jason's burgers attempted to create a new product to lock in customers. option (D) is correct.
Jason's Burgers comes up with a methodology for a particular client (occupied office laborers) to continue to purchase in this café and not change to another. By formulating a methodology that further develops the brand insight and motivating forces more gets, you "raise hindrances" and "lock in" clients to continue to purchase in this coffee shop.
Different choices are not right since they go into no new market, they lessen time but not costs, they don't make another item because the items are as yet unchanged and they don't lay out collisions because the orders online are taken by the burger joint itself.
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For each of the following, compute the future value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value Years Interest Rate Future Value$2,600 7 17 ____9,553 20 9 ____100,305 14 10 ____ 238,382 30 4 ____
The future value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) is $9082.69, $16939.71, $502561.90, and $251664.60.
PV is the present value
t is the number of the compounding period
i is the interest rate for that period
a.)FV=2450(1.14)^10=$9082.69
b.)FV=9152(1.08)^8=$16939.71
c.)FV=80355(1.13)^15=$502561.90
d.)FV=187796(1.05)^6=$251664.60
Gift cost (PV) is the present-day fee of a destiny amount of money or circulation of coins flows given a precise charge of return. destiny coins flows are discounted at the discount fee, and the higher the cut price charge, the lower the present fee of the destiny coins flows. A greenback today is worth more than a dollar the following day due to the fact the dollar may be invested and earn a day's worth of hobby, making the full gather to a cost greater than a greenback by using the next day.
In economics and finance, gift fee (PV), also referred to as gift discounted cost, is the cost of an expected income circulate decided as of the date of valuation. the existing cost is normally less than the future price because money has interest-incomes capability, a feature called the time cost of money, except at some stage in times of 0- or poor hobby rates, whilst the present fee can be the same or more than the future value. The initial quantity of borrowed budget (the prevailing price) is less than the full sum of money paid to the lender.
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Complete Question:
For each of the following, compute the future value (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)):
Present Value Years Interest Rate Future Value
$2,450 10 14% $
9,152 8 8
80,355 15 13
187,796 6 5
management policies include how managers ,_____ , and customer requirements.
managers specify, measure, and evaluate customer requirements is covered by management policies.
How does management work?The administration and coordination of tasks to achieve a goal is management. Setting the organization's strategy and coordinating staff efforts to achieve these goals with the help of available resources are examples of such administration tasks. An organization's structure can also be referred to as management.
You will need to develop a set of skills, such as planning, communication, organization, and leadership, in order to be an effective manager. you will need a thorough understanding of the company's objectives and to direct employees, sales, and other operations to achieve them.
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Which one of the following actions is most_likely to result in higher production costs per branded pair at one of your company's production facilities? O Increasing expenditures for TQM/Six Sigma quality control from $1.50 to $2.00 per pair in Year 12 Increasing spending for best practices training from $2,000 per worker to $2,500 per worker Increasing the S/Q rating of branded pairs produced from 4.5 stars to 5.5 stars The installation of production improvement option B Increasing total employee compensation by 3% at a production facility and, in turn, realizing a 5% increase in production worker productivity
Increased production costs every brand pair will surely follow from raising the usage of premium materials at one of your industry's manufacturing locations from 30% to 40%.
How are production costs calculated?All fixed and variable prices related to the production of service must be known in order to compute production costs there in simplest manner feasible.
Why then is production cost essential?May be calculated by totaling these expenses and multiplying by the quantity of units produced. Setting the appropriate pricing for a particular product may assist the business in making data-driven decisions, which goes beyond simply setting a standard price. It is not sufficient to know the amount a corporation spends to develop a product.
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figure is attached
Your friend Sam has been asked to prepare appetizers for the university reception. She has an unlimited amount of ingredients and six hours in which to prepare them. Sam can make 400 mini-sandwiches or 200 servings of melon slices topped with smoked salmon and a dab of sauce per hour.
Sam's opportunity cost of making one mini-sandwich is (Click to select) 2 melon appetizers 0.5 melon appetizer .
Sam's opportunity cost of making one melon appetizer is (Click to select) 2 mini-sandwiches 0.5 mini-sandwich .
Suppose the reception has been postponed, so Sam has an extra four hours to prepare. The opportunity cost of making one mini-sandwich is now (Click to select) 0.5 melon appetizer 2 melon appetizers .
Suppose the reception has been postponed, so Sam has an extra four hours to prepare. The opportunity cost of making one melon appetizer is now (Click to select) 2 mini-sandwiches 0.5 mini-sandwich .
Suppose Sam’s friend Chris helps by preparing the melon slices, increasing Sam’s productivity to 400 mini-sandwiches or 400 melon appetizers per hour. The opportunity cost of making one mini-sandwich is now (Click to select) 1 melon appetizer 2 melon appetizers .
Suppose Sam’s friend Chris helps by preparing the melon slices, increasing Sam’s productivity to 400 mini-sandwiches or 400 melon appetizers per hour. The opportunity cost of making one melon appetizer is now
If Sam's friend Chris helps by preparing the melon slices, then Sam's productivity increases to 400 mini-sandwiches or 400 melon appetizers per hour.
This means that the opportunity cost of making one mini-sandwich or one melon appetizer changes.
The opportunity cost of making one mini-sandwich is now 1 melon appetizer. This is because, with the help of Chris, Sam can now make 400 melon appetizers in one hour instead of 200. Therefore, if Sam decides to make one mini-sandwich, she is giving up the opportunity to make 1 melon appetizer, which has an equivalent value in terms of productivity.
The opportunity cost of making one melon appetizer is now 1 mini-sandwich. This is because, with the help of Chris, Sam can now make 400 mini-sandwiches in one hour instead of 400 melon appetizers. Therefore, if Sam decides to make one melon appetizer, she is giving up the opportunity to make 1 mini-sandwich, which has an equivalent value in terms of productivity.
Overall, having Chris help with the melon appetizers increases Sam's productivity and changes the opportunity cost of making both mini-sandwiches and melon appetizers. Knowing the opportunity cost of different options can help Sam make a more informed decision about how to allocate her time and resources to maximize her productivity and achieve her goals.
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Examples Of Money Going Out That Can Be Recorded Using The Expense Or Check Onscreen Forms Include All Of The Following Except: A Rent Expense B. Payroll Expense C. Insurance Expense D. Legal Services
Rent expenditure, insurance expense, and legal assistance expense are a few examples of money moving out which may be documented using the expense method, excluding payroll expense.
What exactly do users mean even by expense?Cost is also another phrase for expenses. Expenditures are the term used in accounting to describe the administrative costs incurred to produce business revenues. This phrase alludes to the exchange of money for goods or services. Spending is another word for the sum of all activities that normally result in income.
Why are expenses necessary?Corporation expenses, sometimes known as deductions, are charges related to operating a firm. These are listed in the earnings statement. Corporate revenue will be subtracted from these expenses to arrive at a shareholder's massive negative or profit as well as its personal tax liability.
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which of the following is a characteristic of this image? uses high value colors use of complementary colors uses only secondary colors strong use of primary colors
The characteristics of the given image is the strong use of primary colors.
An image refers to a visual representation of something which can be two-dimensional, three-dimensional, or somehow feed into the visual system to convey information. In the given image, the characteristic most apparent is the strong use of primary colors.
The primary colors are a set of colors that can be mixed together to produce a wide range of hues. Primary colors cannot be produced by mixing other colors, rather they are the source of all other colors. The primary color or basic colors are red, yellow, and blue. In the given image, the color or blue are predominantly visible.
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Which of the following statements is correct concerning both an engagement to compile and an engagement to review a nonissuer's financial statements?
A.The accountant expresses no assurance on the financial statements. B.The accountant should obtain a written management representation letter.
C.The accountant need not obtain an understanding of internal control.
D.The accountant must be independent in fact and appearance.
When both an engagements to assemble and an engagement to examine a nonissuer's financial statements, the correct option is a) The accounting expresses no assurance here on financial statements.
What exactly does a CPA do?An accountant is a specialist who manages bookkeeping and organizes the financial records you use to run your company, including balance sheets, profits and loss statements, and more. They clarify all the financial jargon associated with running a business, audit your books, create reports voor tax purposes, and more.
What four sorts of accountants are there?These four fields of accounting include corporate, social, governmental, and forensic accounting. For most accounting careers, the undergraduate degree is necessary, though prior master's work—particularly in the accounting field—is preferred.
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According to the three value disciplines model, companies who primarily pursue customer intimacy values could use their technologies more on ______________.
According to the three value disciplines model, companies who primarily pursue customer intimacy values could use their technologies more on Automation and Integration.
The Disciplines Model is a framework for achieving personal mastery developed by Peter Senge, an American systems scientist. According to this model, personal mastery involves ongoing self-improvement and learning, which is achieved through five disciplines: mental models, personal vision, shared vision, team learning, and systems thinking.
Mental models refer to the assumptions and beliefs individuals hold about the world around them. Personal vision involves creating a clear picture of one's desired future, while shared vision involves developing a common goal for a group or organization. Team learning focuses on creating an environment in which people can learn and work together effectively. Lastly, systems thinking is the ability to see the interconnections between different parts of a system and understand how they affect each other.
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given the following information, calculate target volume (in sales dollars): sales price per unit $30 variable cost per unit $18 target profit $8,000 fixed costs $2,000
Information presents $666.67 as the target volume (in sales dollars).
The total profit that such managers of a company anticipate achieving at the conclusion of an accounting purposes period is known as the profit margin. Usually, the forecasting process generates the goal profit, which is then matched to the final output in the financial report.
sales price per unit is given at $30
The variable cost per unit is $18
The fixed cost is $2000
the targeted price is $800
The target volume will be termed as:
= (target profit + fixed costs) / contribution margin per unit.
= (8000+ 2000) / (30-15)
= 10000 / 15
= $666.67
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An oligopolist faces a kinked demand curve that is steeper at lower prices than at higher prices. Which of the following is most likely?
A) The firm competes with others in the Cournot fasion
B) Other firms will match price increases but not price decreases
C) Other firms match price reductions but do not match price increases
D) The firm competes with others in the Bertrand Fashion
An oligopoly is a market structure in which a market or industry is dominated by a small number of large sellers or producers.
What is the meaning of Oligopoly?When a few big companies control the majority or all of sales in an industry, oligopoly results. There are many industries that exhibit oligopoly, such as the auto sector, cable television, as well as commercial aviation.
A market structure known as an oligopoly occurs when a few large sellers or manufacturers control a sizable portion of a market or an entire sector. Oligopolies frequently arise from the goal to maximise profits, which can result in corporate collaboration.
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The Sleep Company makes pillows, sheets, and mattress toppers. The company imports cotton from Egypt because of the fine quality of Egyptian cotton. In Egypt, it is a common practice to do business by giving gifts to the Egyptian agents who broker the transactions. Gift giving is part of business etiquette throughout the Middle East. The Sleep Company could not give gifts to the agents because of _____, which prohibits bribery of foreign officials to obtain business. a. The Consumer Product Safety Act of 1972 b. The Foreign Corrupt Practices Act of 1977 c. The Homeland Security Act of 2002 d. The Restoring American Financial Stability Act of 2010
The Sleep Company could not give gifts to the agents because of The Foreign Corrupt Practices Act of 1977, which prohibits bribery of foreign officials to obtain business.
What is The Foreign Corrupt Practices Act of 1977?The Foreign Corrupt Practices Act of 1977 is a federal law of the United States that prohibits American citizens and entities from bribing foreign government officials to advance their business interests.
It is a federal law that prohibits US citizens and permanent residents, as well as public and private US corporations, as well as certain non-US individuals and entities, from bribing foreign government officials in order to gain a competitive advantage.
Therefore, option B is correct.
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In May, Pasta Disasta, Inc. pays its suppliers $1,000 for supplies received in April. The effect on the accounting equation is a __________. (Check all that apply.)
Choose matching definition
1
Assets increase
Liabilities increase
2
$1,000 decrease in liabilities
$1,000 decrease in assets
3
Incorrect, because debits do not equal credits
4
Total assets remain the same
One asset is exchanged for another
The right response is B. Assets fall by $1,000 while liabilities decrease by $1,000.
The fundamental accounting equation, often known as the balance sheet equation, illustrates the link between a person's or a business's assets, liabilities, and owner's equity. On this idea is based the double-entry accounting technique. Each transaction has an equal number of debits and credits. The accounting equation is a formula that shows that a corporation's total assets and liabilities are equal.
There are three alternative configurations for the accounting equation: Assets are calculated as follows: Liabilities = Owner Capital + Owner Drawings + Revenues - Expenses. Assets minus liabilities equal owner equity. The net worth is the assets minus the liabilities.
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Which rock is composed of mostly rounded gravel sized poorly sorted sediments?
The rock that is composed of mostly rounded gravel sized poorly sorted sediments is called a conglomerate rock.
Conglomerate rocks are composed of large, rounded rock fragments, known as clasts, that are greater than two millimeters in diameter. These clasts are surrounded by a matrix of smaller sediments, such as sand, silt, and clay. The clasts in a conglomerate rock are poorly sorted, meaning that they vary greatly in size and shape.
This is in contrast to other sedimentary rocks, such as sandstone, which are composed of more uniformly sized sediments. Conglomerate rocks are typically formed in environments with high energy, such as riverbeds and beaches, where the sediments are subjected to strong currents and waves that round and sort the sediments.
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The lease on Allison's apartment will expire next month and she wants to move closer to campus. There are two apartments that she likes. Both are close to campus and in her price range. The first one is next door to a garage where local bands often practice late at night. The second one is next door to a donut shop that opens at 5 a.m.
If she likes to stay up late and loves listening to all kinds of music, she will view the bands practicing as a(n):
If she is a morning person and loves the smell of donuts, she will view the donut shop as a(n):
If her roommate hates loud music and the smell of donuts makes her sick, she will reject both apartments due to what she sees as:
-external benefit
-external benefit
-external cost
If Allison likes to stay up late and loves listening to all kinds of music, she will view the bands practicing as a(n) external benefit.
If she is a morning person and loves the smell of donuts, she will view the donut shop as a(n) external benefit. If her roommate hates loud music and the smell of donuts makes her sick, she will reject both apartments due to what she sees as an external cost. An external benefit is a positive effect that a person or group receives from an activity or decision that they are not directly involved in. In this case, if Allison likes to stay up late and loves listening to all kinds of music, the bands practicing next door will be a positive and enjoyable experience for her, even though she is not directly involved in the band's activities. Similarly, if Allison is a morning person and loves the smell of donuts, the donut shop opening next door will be an external benefit for her because it will provide her with a positive experience that she is not directly involved in.
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________ are people within a reference group who, because of special skills, knowledge, personality, or other characteristics, exert influence on others.
Social networkers
Habitual buyers
Opinion leaders
Evoked set
Opinion leaders are people within a reference group who, because of special skills, knowledge, personality, or other characteristics, exert influence on others.
Who is a good illustration of an opinion leader?Because of how their judgments affect the stock market and the investing environment, often internationally, business executives like Jeff Bezos, Ratan Tata, and Elon Musk are also regarded as thought leaders.
What does "opinion leader" actually mean?a person whose thoughts on a subject, such as a service or problem, significantly affect others' perceptions of that subject: Opinion leaders are frequently computer repair technicians.
What kinds of individuals lead opinions?opinion leadership that is singular. This is true if a leader only has power over a single subject.
multifaceted leadership in opinion. This holds true when a leader's impact extends across several areas.
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quantitative problem: you are given the following probability distribution for chc enterprises: state of economy probability rate of return strong 0.20 21 % normal 0.50 9 % weak 0.30 -6 % what is the stock's expected return? do not round intermediate calculations. round your answer to two decimal places. %
a) What is the stock's expected return? (Round your answer to 2 decimal places. Do not round intermediate calculations.)
b) What is the stock's standard deviation? (Round your answer to two decimal places. Do not round intermediate calculations.)
c) What is the stock's coefficient of variation? (Round your answer to two decimal places. Do not round intermediate calculations.)
The stock's expected return is 4.5%, the stock's standard deviation is 20.01% and the stock's coefficient of variation is 4.45.
a) To calculate the stock's expected return, we need to multiply each rate of return by its corresponding probability and then sum up the results. Therefore, the expected return can be calculated as: (0.20 x 21%) + (0.50 x 9%) + (0.30 x -6%) = 4.5%. Therefore, the stock's expected return is 4.5%.
b) To calculate the stock's standard deviation, we need to first calculate the variance. To do this, we need to calculate the deviation of each rate of return from the expected return, square each deviation, multiply it by its corresponding probability and then sum up the results.
Therefore, the variance can be calculated as: [(21% - 4.5%)^2 x 0.20] + [(9% - 4.5%)^2 x 0.50] + [(-6% - 4.5%)^2 x 0.30] = 0.04005. Therefore, the stock's standard deviation can be calculated as the square root of the variance, which is 20.01%.
c) The coefficient of variation is a measure of risk per unit of return and is calculated as the ratio of the stock's standard deviation to its expected return. Therefore, the coefficient of variation can be calculated as: 20.01% / 4.5% = 4.45. Therefore, the stock's coefficient of variation is 4.45.
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On January 1, 2020, Indigo Company has the following defined benefit pension plan balances. Projected benefit obligation Fair value of plan assets $4,508,000 4,250,000 The interest (settlement) rate applicable to the plan is 10%. On January 1, 2021, the company amends its pension agreement so that prior service costs of $493,000 are created. Other data related to the pension plan are as follows. 2020 2021 Service cost $148,000 $179,000 Prior service cost amortization 0 89,000 Contributions (funding) to the plan 239,000 291,000 Benefits paid 198,000 281,000 Actual return on plan assets 255,000 259,000 Expected rate of return on assets 6% 8% For 2021, prepare the journal entry to record pension-related amounts. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit Towth and Media
Based on the given information, the journal entry to record the pension-related amounts for 2021 is:
Service cost $179,000
Interest cost ($4,508,000 × 10%) 450,800
Expected return on plan assets
($4,250,000 × 8%) (340,000)
Amortization of prior service cost 89,000
Contributions (funding) to the plan 291,000
Benefits paid (281,000)
Actual return on plan assets 259,000
___
Net pension cost $447,800
Pension asset/Liability 447,800
____
The debit for Service cost, Interest cost, Amortization of prior service cost, Contributions (funding) to the plan, and Actual return on plan assets are recorded as pension expense, while the credit for Expected return on plan assets and Benefits paid are recorded as an offset to pension expense. The resulting net pension cost of $447,800 is recorded as a debit to Pension asset/Liabilityin journal entry
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what measures are likely to be put in place temporarily to protect occupants during construction?
A debris container fire might spread up the chute and into the building measures are likely to be put in place temporarily to protect occupants during construction.
What are the construction's temporary facilities?Temporary buildings and all controls required for the project, such as utilities, telephone, sanitary facilities, field offices, storage sheds, and buildings, as well as safety standards, first aid supplies, fire protection, security precautions, property protection, access roads, parking, and environmental controls.
Repurposed shipping containers are used for temporary site housing. Additionally, you may use and reuse these units—as well as your temporary restrooms—for years. Simply relocate them to the new location.
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as a store of value, money :
A) does not earn interest. B) cannot be a durable asset. C) must be currency. D) is a way of saving for future purchases.
Option D
Explanation:
Extra money can be saved by depositing it in the bank, investing in any asset, etc. These deposits or investments can...
During London Fashion Week, Burberry used _______ to tell the tale of two models planning to break into its flagship store on Regent Street in London.
During London Fashion Week, Burberry used storytelling to tell the tale of two models planning to break into its flagship store on Regent Street in London
What is storytelling?During London Fashion Week, Burberry used Augmented Reality (AR) to tell the tale of two models planning to break into its flagship store on Regent Street in London. Burberry created an AR experience that allowed users to view the models as life-sized digital characters on their smartphones, walking through the streets of London and breaking into the store.
The AR experience was designed to promote Burberry's new collection and engage consumers in an innovative and interactive way. By using AR, Burberry was able to create a unique and memorable experience for consumers that integrated technology and fashion in a new and exciting way.
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one way to illustrate is to say that ned can speak at a rate of around 120 to 160 words per minute, but he can listen to more than 800 words per minute.
As one way to illustrate the speaking-listening differential is to say that ned can speak at a rate of around 120 to 160 words per minute, but he can listen to more than 800 words per minute.
What is illustrated?The word illustrated is defined as throwing light on some things, As we see in magazines, newspapers, and posters. There are some images is there In it which help the viewer to understand the purpose of the image.
The speaking-listening differential is been defined as there is some active listening are there which makes the better speakers. As there are many customers who can listen to the words at a rate five times faster.
Therefore, As a result, By having the speaking-listening differential, one can speak at a rate of around 120 to 160 words per minute.
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Incurring an internal debt to finance a war like World War II does not pass the true cost of the war on to future generations because:Multiple Choicea. The opportunity cost of wartime expenditures was borne by the generation that lived during the warb. The Federal government can shift expenditures from military goods to the production of other public goodsc. The Federal government has the power to levy taxes to pay its debtsd.Wartime inflation reduces the relative size of the public debt
Because the generation that lived through the war bore the opportunity cost of wartime spending, incurring internal debt to finance a war like World War II does not transfer the full cost of the war on future generations.
What debt did World War II leave behind?The debt increased by a further order of magnitude during the lead-up to World War II, rising from $51 billion in 1940 to $260 billion after the conflict. After this time, the debt's growth roughly followed the pace of inflation until the 1980s, when it once more started to rise quickly. The debt more than tripled between 1980 and 1990.
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