Answer:
Explanation:
There is a difference between business management and technology management.
Business management refers to managing the organization's business perspective so that the direct business objectives of the organization is served.
Business management involves managing the domain, employees, looking after the business processes of an organization, etc. whereas
While technology management is used to make the business process simple and convenient through various aspects like managing the technical aspect of each and every business process and that is possible by having details about the technical aspects that are involved in all the business process of the organization.
For an organization to be successful it should possess all the required management techniques that include the business and technical aspects both.
Today the way of doing business has changed a lot and hence the organizations need to be quite diligent and effective in order to sustain and remain competitive in the industry.
1. The highest risk for the exporter is in a. Letter of credit c. Advance payment b. Bill of exchange d. Consignment sales
Answer:
1. The highest risk for the exporter is in
d. Consignment sales.
Explanation:
a) A consignment sale is not an actual sale. The risk remains with the exporter until the consignee has sold the goods and remitted the required amount to the consignor (exporter). With a letter of credit, the exporter has made an actual sale guaranteed for payment by the importer's bank. With advance payment, the exporter has received some payment for the goods before the importer receives them. With a bill of exchange, there is a formal instrument acknowledging the sale. Therefore, a bill of exchange, letter of credit, and advance payment are used for actual sales, while consignment sale is for transfers of goods for sale.
Suppose a basket of goods and services has been selected to calculate the consumer price index (CPI) and 2002 has been selected as the base year. In 2002, the basket's cost was $600; in 2004, the basket's cost was $650; and in 2006, the basket's cost was $700. The value of the CPI in 2004 was:___________
a. 92.3.
b. 106.3.
c. 108.3.
d. 152.0.
e. more than 155.0.
Answer:
c. 108.3
Explanation:
Calculation to determine what The value of the CPI in 2004 was:
Using this formula
Consumer Price Index (CPI) 2004 = (2004 Basket cost / Base year basket cost) x 100
Let plug in the formula
Consumer Price Index (CPI) 2004 = (650 / 600) x 100
Consumer Price Index (CPI) 2004 = 108.3
Therefore The value of the CPI in 2004 was:108.3
Do you think that Rise of China is inevitable or it may collapse like any other authoritarian regimes including former the Soviet Union and East European Countries?
Answer:
China will not collapse like the USSR or Eastern European countries.
They are heavily invested in Africa. They have the means to continue to produce goods. They have cheap labor that other countries continue to use.
China plans their economic goals and priorities decades in advance.
The Soviet Union was never an economic super power.
As a technical project manager, you have decided to propose implementing a prototyping methodology for a small web-based design project. What is the first step you will follow in this project
Answer: Identify user requirements.
Explanation:
The first thing that the manager needs to do is to find out the user requirements for such design products. This is akin to identifying the problem in the scientific method.
Knowing the user requirements of such a product would then help the manager come up with possible solutions that can then be developed into prototypes to see if they satisfy the requirements that users have.
What is you view of international initiatives to criminalize foreign bribery? Explain your answer and please conduct research to support your findings, citing at least one resource in APA format.
Answer:
Bribery is act of paying someone incentive in the form of money to get an undue favor.
Explanation:
Bribery is a global issues. People use this unfair mean to achieve what they want. Bribery is illegal in almost all countries of the world. Many countries have issued strict laws against bribery to stop it. Foreign corrupt practicing act of 1977 issued by United States to make bribery unlawful and minimize this crime in the country. Many businesses offer handsome amount as bribery to many countries government to get unfair advantage in the foreign country which completely creases the domestic businesses as competition arises in the home country.
K Company estimates that overhead costs...
K Company estimates that overhead costs for the next year will be $3,700,000 for indirect labor and $890,000 for factory utilities. The company uses direct labor hours as its overhead allocation base. Of 125,000 direct labor hours are planned for this next year, what is the company's plantwide overhead rate?
a. $0.03 per direct labor hour
b. $36.72 per direct labor hour.
c. $2960 per direct labor hour
d. $712 per direct labor hour
e. $0.14 per direct labor hour
Answer:
Predetermined manufacturing overhead rate= $36.72 per direct labor hour
Explanation:
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (3,700,000 + 890,000) / 125,000
Predetermined manufacturing overhead rate= 4,590,000 / 125,000
Predetermined manufacturing overhead rate= $36.72 per direct labor hour
Ramblin’ Randy’s Dude Ranch’s daily total cost of accommodating overnight guests is given by TC = 100 + 5 Q. On the basis of this information, the average fixed cost, when there are 25 overnight guests, is:
Answer: 4
Explanation:
The average fixed cost is calculated as:
= Fixed cost / output
Since total cost is given as TC = 100 + 5Q, the fixed cost in this case is 100 as.it doesn't depend on output. In this case, 5Q is the variable cost.
Since average fixed cost is calculated as:
= Fixed cost / output
= 100 / 25
= 4
Therefore, the average fixed cost is 4
Your first morning in your new office, you reflect on what type of manager and leader you hope to be. Which of the following best reflects what you believe about employees and how they can best be led?
a. Employees are more loyal and productive if they feel that their leader is admirable, caring, and ethical.
b. Employees’ behavior can be shaped and motivated, not only by rewarding good behavior but also by penalizing bad behavior.
c. Employees need to be discouraged from bad behavior.
d. They work harder when they know that failure has consequences.
Answer:
a. Employees are more loyal and productive if they feel that their leader is admirable, caring, and ethical.
Explanation:
Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.
A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Some types of power expressed by leaders are referent power, legitimate power, coercive power, etc.
Generally, leaders use their powers to get other people to follow them. Some forms of power result from a formalized position in the organization while others are derived from personal characteristics or knowledge.
Basically, when a leader possesses and favors referent power (strong interpersonal relationship skills with subordinates), he or she would have a strong and productive working relationship with his subordinates (employees) because it encourages loyalty.
Hence, employees are more loyal and productive if they feel that their leader is admirable, caring, and ethical.
Lot’s Wife Manufacturing produces rear-view video systems for buses. The firm’s cost function is TC = 2,000 + 120 Q. If the systems sell for $145, what is the break-even rate of production?
Answer:
80
Explanation:
in this question we have the cost function to be
TC = 2,000 + 120 Q.
breakeven point is at total cost = total revenue
total revenue = p*q
= 145 *Q= 145Q
tc = total cost = 145Q
145Q = 2000 + 120Q
We collect like terms from this equation above
145Q-120Q= 2000
25Q = 2000
divide through by 25
Q = 2000/25
q = 80
the breakeven rate of production is 80 quantities.
If the price of an airline ticket from SFO to LAS were to increase by 10%, from $100 to $110 roundtrip, while all other demand factors remain at their initial values, the quantity of rooms demanded at the Triple Sevens from rooms per night to rooms per night. Because the cross-price elasticity of demand is
Answer:
Quantity demanded declined to 250 rooms per night from 300 rooms per night.
Cross price elasticity of demand is negative.
Explanation:
Cross price Elasticity of demand = [change in quantity demand/ current demand] / [ % change in price]
Cross price elasticity of demand = {[300 - 250] / 300 } / 10
Cross price elasticity of demand is = -1.6
A bond issued by Vodafone has a coupon rate of 6.15% with semiannual payments, a par value of $1,000,and remaining maturity of exactly 25 years. The bond is currently trading at a price in the market that reflects a yield to maturity for the bond of 3.86%. What is the current value of the bond
Answer:
$1,365.15
Explanation:
Coupon rate = 6.15%
Par Value = 1000
Years = 25
Coupon = 30.75
No of the periods = 50 (25*2)
Semi YTM = 1.93% (3.86%/2)
Price = PV(Semi YTM, No of the periods, -Coupon, -Par Value)
Price = PV(1.93%, 50, -30.75, -1000)
Price = $1,365.15
So, the current value of the bond is $1,365.15.
Perfect elasticity and zero elasticity refer to the same event, which occurs when quantity demanded or quantity supplied change by an infinite amount in response to any change in price.
a) true
b) false
Answer:
b
Explanation:
perfectly elasticity is when at an existing price quantity demanded can increase or decrease.the numerical co efficient is always infinity ♾️
Riley operates a plumbing business, and this year the three-year-old van he used in the business was destroyed in a traffic accident. The van was originally purchased for $21,000 and the adjusted basis was $5,675 at the time of the accident. Although the van was worth $6,100 at the time of accident, insurance only paid Riley $1,325 for the loss. What is the amount of Riley's casualty loss deduction
Answer:
$4,350
Explanation:
Calculation to determine the amount of Riley's casualty loss deduction
Using this formula
Casualty loss deduction=Adjusted basis - insurance reimbursement
Let plug in the formula
Casualty loss deduction=($5,675 − $1,325)
Casualty loss deduction=$4,350
Therefore the amount of Riley's casualty loss deduction is $4,350
Stocks have a 12% expected return and 22% risk. Bonds have a 7% expected return and 10% risk. The expected return of a portfolio comprised of 70% stocks and 30% bonds is: Group of answer choices
Answer:
10.5%
Explanation:
Calculation to determine Expected return of portfolio
Using this formula
Expected return of portfolio = Ws*E(rs) + Wb*E(rb)
Where,
Expected return stock E(rs) = 12%
Expected return bond E(rb) = 7%
Weight of stock Ws = 0.70
Weight of bond Wb = 0.30
Let plug in the formula
Expected return of portfolio= 0.7*12 + 0.3*7
Expected return of portfolio = 10.5%
Therefore Expected return of portfolio is 10.5%
Last month a manufacturing company had the following operating results: What was the cost of goods manufactured for the month
Answer:
Cost of goods manufactured 429000
Explanation:
The computation of the cost of goods manufactured is shown below:
Particulars Amount (in $)
Sales 505000
Less: Gross Margin 63000
Cost of goods sold 442000
Add: Ending Finished Goods Inventory 71000
Less: Opening Finished Goods Inventory 84000
Cost of goods manufactured 429000
WoodCore Inc. produces an entire line of office furniture at its manufacturing facility in the United States and then ships its products for sale to various companies in Europe. WoodCore Inc. is involved in A. outsourcing. B. licensing. C. franchising. D. exporting. E. diversifying.
Answer: D. exporting
Explanation:
Exporting is the sale of goods to other countries apart from your own even though the goods being sold were produced in your own country.
Exporting works best when the country doing the exporting is capable of producing the goods being exported at a lower price than the country that it is sending to, that way the people in that country have an incentive to buy it over locally made products. WoodCore is producing in the U.S. and selling elsewhere. This is exporting.
A company reported the following asset and liability balances at the end of 2015 and 2016:
2015 2016
Assets $150,000 $180,000
Liabilities $70,000 $80,000
If the company paid dividends totaling $5,000, what is the amount of net income for 2016?
A. $20,000.B. $105,000.C. $80,000.D. $25,000.
Answer:
D. $25,000
Explanation:
The equity is the difference between assets and liabilities
Opening equity=$150,000-$70,000
opening equity=$80,000
Ending equity=$180,000-$80,000
ending equity=$100,000
The ending equity formula below can be used to derive the net income for 2016:
ending equity=beginning equity+ net income-dividends
The net income increases the amount of ending equity while dividends decrease it.
net income=unknown
dividends=$5000
$100,000=$80,000+net income-$5000
net income=$100,000-$80,000+$5,000
net income=$25,000
A government bond issued in France has a coupon rate of 5% (paid annually) and a face value of 100 euros, and it matures in 5 years. Calculate the price of the bond (in euros) if the yield to maturity is 3.5%.
Answer:
Bond Price= 106.77
Explanation:
Giving the following information:
Face value= 100
Coupon= 100*0.05= 5
Yield To Maturity= 0.035
Years to maturity= 5 years
To calculate the price of the bond, we need to use the following formula:
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 5*{[1 - (1.035^-5)] / 0.035} + [100/(1.035^5)]
Bond Price= 22.57 + 84.2
Bond Price= 106.77
A small company that makes hand-sewn leather shoes has fixed costs of $320 a day, and total costs of $1200 per day at an output of 20 pairs of shoes per day. Assume that total cost C is linearly related to output x. Find an equation of the line relating output to cost.
A) C = 44x + 320.
B) C = 60x + 1520.
C) C = 60x + 320.
D) C = 44x + 1520.
Answer: c = 44x + 320
Explanation:
Based on the information given, the cost of materials used in the shoe is a variable cost and this will be:
= Total cost - Fixed cost
= $1200 - $320
= $880
Since there are 20 shoes, the cost if materials used per shoe is: = $880/20 = $44
Then the total cost equation will then be:
c = 44x + 320
where,
C = Total cost incurred in a day
x = Number of pair of shoes made in a day.
Therefore, the correct option is A.
The equation that related the output to cost is option c. 60x + 320.
Calculation of an equation:
Since we know that the variable cost is
= Total cost - Fixed cost
= $1200 - $320
= $880
Now the cost per shoe should be
= $880/20
= $44
So here the total cost c equation should be
c = 44x + 320
Here
x be Number of pair of shoes.
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Song, Inc., uses the high-low method to analyze cost behavior. The company observed that at 22,000 machine hours of activity, total maintenance costs averaged $33.40 per hour. When activity jumped to 25,000 machine hours, which was still within the relevant range, the average total cost per machine hour was $30.40.On the basis of this information, the variable cost per machine hour was:___________A. $8.40.B. $22.00.C. $25.00.D. $30.40.E. $33.40.
Answer:
Variable cost per unit= $8.4
Explanation:
First, we need to calculate the total cost for each level of machine hours:
Low activity level:
Total cost= 22,000*33.4= $734,800
High activity level:
Total cost= 25,000*30.4= $760,000
Now, we can determine the variable and fixed costs:
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (760,000 - 734,800) / (25,000 - 22,000)
Variable cost per unit= $8.4
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 760,000 - (8.4*25,000)
Fixed costs= $550,000
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 734,800 - (8.4*22,000)
Fixed costs= $550,000
The risk-free rate is 3%. The beta is 1.4, the alpha is 0.6 and the average return is 12%. What is the market return? How is it calculated?
Answer:
9.00%
Explanation:
In a bid to determine the market return, we make use of the formula for average return provided below whereby the formula is rearranged in order to market return the subject of the formula as shown thus:
Average return = Alpha + rf + β * (rm - rf)
Average return=12%
Alpha=0.6%
rf=risk-free rate=3%
β=Beta=1.4
rm=market return=the unknown
12%=0.6%+3%+1.4*(rm-3%)
12%=0.6%+3%+1.4rm-4.20%
12%=3.6%+1.4rm-4.20%
12%-3.6%+4.20%=1.4rm
12.60%=1.4rm
rm=12.60%/1.4
rm=9.00%
Harry has worked as a general manager at Gringard, a supply chain management firm, for eleven years of his professional life. Gringard is a company that still follows a traditional business model and has not significantly changed its human resource management and talent development processes. Harry is now joining Alivron Inc., a company that focuses on a customer-driven supply chain approach. Which of the following is a change Harry should expect to find in his new company?
a. He should expect Alivron to emphasize strong operational skills rather than cross-functional collaboration skills.
b. He wil most likely need to move from following an agile approach to an analytical approach.
c. He will most likely need to work variable shifts so that he can connect with all his team members.
d. He should expect Alivron's distribution centers to run only two shifts Monday through Friday.
Answer:
C. He will most likely need to work variable shifts so that he can connect with all his team members.
Explanation:
He will most likely need to work variable shifts so that he can connect with all his team members.
In his new company, he will most likely need to work variable shifts so that he can connect with all his team members.
Variable shifts is called rotating shifts because it is different from the conventional workdays.
The Variable shifts are programmed to schedule the employees to cover 24 hour a day, 7 days per week operations.
Hence, In the new company, he will most likely need to work variable shifts so that he can connect with all his team members.
Therefore, the Option C is correct.
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6. निम्नलिखित पंक्तियों का आशय स्पष्ट कीजिए-
क. संगीत सबका है। इसमें जाति-पाँति का भेदभाव मत लाओ।
Answer:
yes we should not do any bhedvab towards people becauxe we all are people mademy god if we bully other peoplw we should deserved that .
Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows:
Units Produced Total Costs 101,500 $28,022,500 118,500 30,997,500 131,500 33,272,500
a. Determine the variable cost per unit and the total fixed cost.
Variable cost (Round to two decimal places.) $ per unit
Total fixed cost $
b. Based on part (a), estimate the total cost for 115,000 units of production.
Total cost for 115,000 units $
Answer:
Results are below.
Explanation:
Giving the following information:
Units Produced Total Costs
101,500 $28,022,500
118,500 30,997,500
131,500 33,272,500
To calculate the fixed and variable costs, we need to use the high-low method:
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (33,272,500 - 28,022,500 ) / (131,500 - 101,500)
Variable cost per unit= $175
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 33,272,500 - (175*131,500)
Fixed costs= $10,260,000
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 28,022,500 - (175*101,500)
Fixed costs= $10,260,000
Now, the total cost for 115,000 units:
Total cost= 10,260,000 + 175*115,000
Total cost= $30,385,000
The purpose of the Carlos Division is to develop a nuclear-powered aircraft. If successful, traveling delays associated with refueling could be substantially reduced. Many other benefits would also occur. To date, management has not had much success and is deciding whether a write-down at this time is appropriate. Management estimated its future net cash flows from the project to be $438 million. Management has also received an offer to purchase the division for $351 million. All identifiable assetsâ and liabilitiesâ book and fair value amounts are the same.
Required:
Prepare the journal entry to record the impairment at December 31, 2017.
Solution :
Calculate the amount of loss on impairment as follows :
Particular Millions($)
Fair value of the division 351
Less: carrying amount, net of good (474 - 210) 264
Implied goodwill 78
Less: carrying value of good will 210
Loss on impairment 132
Record impairment loss
Account title Debit($ million) Credit ($ million)
Loss of impairment 132
Goodwill 132
What is the dollar price of a zero coupon bond with 21 years to maturity, semiannual compounding, and a par value of $1,000, if the YTM is:
Answer:
Zero-cupon bond= $192.57
Explanation:
Giving the following information:
Number of periods to maturity= 21*2= 42 semesters
Par value= $1,000
I will assume a yield to maturity of 8%. 4% semestral.
To calculate the price of the bond, we need to use the following formula:
Zero-cupon bond= [face value/(1+i)^n]
Zero-cupon bond= [1,000 / (1.04^42)]
Zero-cupon bond= $192.57
Green Roof Foods currently has a debt-to-equity ratio of .63, its cost of equity is 13.6 percent, and its pretax cost of debt is 7.8 percent. The tax rate is 35 percent and the risk-free rate is 3.1 percent. The firm's preferred capital structure consists of 50 percent debt. What discount rate should be assigned to a new project the firm is considering if the project is equally as risky as the overall firm and will be financed solely with equity?
a. 7.80%.
b. 9.76%.
c. 5.07%.
d. 9.34%.
e. 10.70%.
Answer:
d.9.34%
Explanation:
The formula for the weighted average cost of capital is provided below as a starting point for solving this question:
WACC=(weight of equity*cost of equity)+(weight of debt*after-tax cost of debt)
weight of equity=1-debt %=1-50%=50%
weight of debt=50%
cost of equity=13.6%
after-tax cost of debt=7.8%*(1-35%)
after-tax cost of debt=5.07%
WACC=(50%*13.6%)+(50%*5.07%)
WACC=9.34%
The discount rate is computed based on the target or preferred capital structure
This year Andrews achieved an ROE of 10.7%. Suppose management takes measures that decrease Asset turnover (Sales/Total Assets) next year. Assuming Sales, Profits, and financial leverage remain the same, what effect would you expect this action to have on Andrews's ROE
Answer:
Andrews's ROE would decrease
Explanation:
Return on equity is an example of a profitability ratio.
Profitability ratios measure the ability of a firm to generate profits from its asset
Return on equity = net income / average total equity
Using the Dupont formula, ROE can be determined using:
ROE = Net profit margin x asset turnover x financial leverage
ROE = (Net income / Sales) x (Sales/Total Assets) x (total asset / common equity)
If asset turnover decreases and other ratios remain constant, ROE declines
g dividends paid 13500. what was the net income for the past year of the firm faces a tax rate of 30%
Answer:
A.) £27,214.29
B.) £19,250
Step-by-step explanation:
Given the following :
Andy £13500
Bevan £27500
Cheryl £13250
Deva £75000
Elliott £18750
Frankie £27500
Grace £15000
Mean income = (total sum of salaries / number of workers)
Mean income = £(13500 + 27500 + 13250 + 75000 + 18750 + 27500 + 15000) / 7
Mean income = (£190,500 / 7) = £27,214.286
B.) mean income excluding Deva's salary:
Mean income = Mean income = £(13500 + 27500 + 13250 + 18750 + 27500 + 15000) / 7
Mean income = £115,500 / 6
Mean income = £19,250
Big Chill, Inc. sells portable dehumidifier units at the current price of $184. Unit variable costs are $85. Fixed costs, made up primarily of salaries, rent, insurance and advertising, are $3,236,000. Calculate breakeven sales for Big Chill, Inc. Round your answer to the nearest whole number.
Answer:
$6,014,384
Explanation:
Break even point is the level at which a firm makes neither profit nor a loss. This is the point where Profit = $0.
Break even units = Fixed Costs ÷ Contribution per unit
therefore,
Break even units = $3,236,000 ÷ ($184 x $85)
= 32,687 units
thus,
Breakeven Sales = 32,687 units x $184 = $6,014,384