Answer:
Kindly check explanation
Explanation:
High economic growth is usually the aim of several economic policies whichnmost countries try to employ. The reason for this is no other than the numerous benefits attached to it which includes;
Increase in GDP : With growth in the economy of a country, trading within and outside these countries will rise, leading to increase in revenue earned and hence, the gross domestic product. This will pave the way for :
Infrastructural development : The development of infrastructure and standard society will be on the horizon as the economy grows. There is enough capital to embark on infrastructural development which will serve the populees
Other benefits include ; Trade and investment opportunities ; Increase in foreign direct investment and employment level will increase.
High economic growth also has it's drawbacks which include ;
Higj Immigration level ; Businesses and individuals are always on the lookout for areas with good investment opportunity in which an high income society is usually a main target. With increasing immigration, overcrowding may result.
Also, Investment cost may begin to rise, coupled with increase in foreign investment influx, the local market may be at risk of being able to compete.
If the real U.S. GDP was $7,636.4 billion in 1998 and the U.S. population was 295 million, the per capita real GDP would have been approximately:_________-
Answer:
25,886 per person
Explanation:
The real US GDP in the year 1998 is 7636.4 billion
The US population was 295 million
Therefore thecapitapital real GDP can be calculated as follows
= 7636.4 billion/295 million
= 25,886 per person
What is the end behavior of the graph of the polynomial function f(x)
Answer:
f(x) approaches infinity as x approaches infinity
Explanation:
Given
[tex]f(x) = 3x^6 + 30x^5+ 75x^4[/tex]
Required
The end behavior of the graph
We have:
[tex]f(x) = 3x^6 + 30x^5+ 75x^4[/tex]
The above expression implies that:
[tex]f(x) = 3x^6 + 30x^5+ 75x^4[/tex]
The leading coefficient is 3 (3 is positive)
And the degree of the polynomial is 6 (6 is even)
When the leading coefficient is positive and the degree is even; the end behavior of the function is:
[tex]x \to \infty[/tex]
[tex]f(x) \to \infty[/tex]
If 2,500 units are produced, the total amount of indirect manufacturing cost incurred is closest to:
Answer: $14,550
Explanation:
Within a certain activity range, the fixed cost remains the same so in this activity range of $2,200 to $5,000, the fixed overhead cost will remain the same:
= 3 * 3,600 units
= $10,800
Variable overhead costs will vary by units:
= 2,500 * 1.50
= $3,750
Total cost = 10,800 + 3,750
= $14,550
A competitive market analysis takes into consideration?
Answer:
A competitive analysis is the process of identifying your competitors and evaluating their strategies to determine their strengths and weaknesses relative to your own business, product, and service. The goal of the competitive analysis is to gather the intelligence necessary to find a line of attack and develop your go-to-market strategy.Explanation:
#AnswerForTreesM Corporation has provided the following data concerning an investment project that it is considering: Initial investment $ 250,000 Annual cash flow $ 119,000 per year Expected life of the project 4 years Discount rate 8 % Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to:
Answer:
$144,128
Explanation:
Calculation to determine what net present value of the project is closest to:
Initial investment = $250,000
Annual cash flow = $119,000
Expected life of project (n) = 4 years
Discount rate (i) = 8%
First step is to calculate the Present value of cash flows using this formula
Present value of cash flows = Annual cash flow x Present value annuity factor (i%, n)
Let plug in the formula
Present value of cash flows= 119000 x Present value annuity factor (8%, 4)
Present value of cash flows= 119,000 x 3.312
Present value of cash flows= $394,128
Now let determine the Net present value using this formula
Net present value = Present value of cash flows - Initial investment
Let plug in the formula
Net present value= $394,128 - $250,000
Net present value=$144,128
Therefore net present value of the project is closest to:$144,128
On April 1, Cyclone Co. purchases a trencher for $280,000. The machine is expected to last five years and have a salvage value of $40,000. Compute depreciation expense at December 31 for both the first year and second year assuming the company uses the double-declining-balance method
Answer:First Year Depreciation= $84,000
Second Year Deprecation= $78,400
Explanation:
Using Double declining
We have that :
Depreciation value = Cost - Salvage value
$280,000 - $40,000 =$240,000
Since machine is expected to depreciate for 5 years, Annual depreciation = 240,000 / 5 years
= $48,000
Annual Depreciation Rate = 48,000 / 240,000 = 20%
Therefore, Double declining = 20 x 2 = 40%
First Year Depreciation: from April to December
= 40% x 280,000 x 9/12 months
= $84,000
Second Year Deprecation:
= 40% x (280,000 - 84,000)
= $78,400
Design a plan that can be implemented in your life to become a higher level professional
Answer:
become a rapper
Explanation:
The country of Arcadia has clusters of associated businesses and suppliers which include individual dye and textile manufacturing firms, chemical plants, and leather manufacturing companies, most of which are well reputed and internationally competitive. This has made Arcadia a major force in the global economic market. Which of the following factors of Michael Porter's diamond model is responsible for giving Arcadia an edge over its competitors?
A) Related and supporting industries
B) Demand conditions
C) Company strategy, structure and rivalry
D) Factor conditions
Answer:
A) Related and supporting industries
Explanation:
Competitive advantage is the edge an entity has over others that results in higher profit margins.
According to Michael Porter there are 4 factors that gives national advantage in the international environment:
- firm strategy' structure and rivalry
- related supporting industries
- demand conditions
- factor conditions.
Related supporting industries refers to the presence of supporting industries that helps a company to thrive.
Forms depend on others for high productivity. When the presence of other supporting companies is adequate production will be maximised.
This is the case in the given instance where the country of Arcadia has clusters of associated businesses and suppliers which include individual dye and textile manufacturing firms, chemical plants, and leather manufacturing companies, most of which are well reputed and internationally competitive. This has made Arcadia a major force in the global economic market
D.Now, if the inflation rate is 18%, the nominal rate of interest on the CD is 24%, and the interest is not taxable, what is the real interest rate on the CD
Answer: 6%
Explanation:
Inflation increases prices in an economy and therefore makes a currency weaker because the currency will only be able to buy less than what it was able to.
Inflation therefore affects returns which is why the real returns are the more relevant measure.
The real interest rate accounts for inflation by using the formula:
= Nominal rate - Inflation rate
= 24% - 18%
= 6%
The following information pertains to Peak Heights Company:
Income Statement for Current Year
Sales $85,900
Expenses Cost of goods sold $51,675
Depreciation expense 6,700
Salaries expense 11,900 70,275
Net income $15,625
Partial Balance Sheet Current year Prior year
Accounts receivable $9,800 $14,200
Inventory 13,100 9,100
Salaries payable 1,620 870
Required:
Present the operating activities section of the statement of cash flows for Peak Heights Company using the indirect method.
Answer:
Peak Heights Company
PEAK HEIGHTS COMPANY
Statement of Cash Flows
Operating Activities Section
Net income $15,625
Non-cash flow: Depreciation 6,700
Changes in working capital:
Accounts receivable -$4,400
Inventory 4,000
Salaries payable 750
Net cash from operating activities $22,675
Explanation:
A) Data and Calculations:
Peak Heights Company:
Income Statement for Current Year
Sales $85,900
Expenses Cost of goods sold $51,675
Depreciation expense 6,700
Salaries expense 11,900 70,275
Net income $15,625
Partial Balance Sheet Current year Prior year Changes
Accounts receivable $9,800 $14,200 -$4,400
Inventory 13,100 9,100 4,000
Salaries payable 1,620 870 750
Best-Built Construction is run in a very traditional way, with experienced top managers making all the decisions and passing them down to lower levels for implementation. Best-Built can be described as a(n) _____ organization.
Answer: centralized
Explanation:
Centralized organization can be referred to as a hierarchical decision-making structure whereby decision making are done by at the executive level. Unlike the decentralized organization which has many members in the organization making decisions, the centralized organization typically relies on very few individuals at the top level to make decisions.
Since Best-Built Construction follows the scenario explained above, then it can be referred to as a centralized organization.
. A new bond issue is being issued at a market price of $922 with a 11.4% interest rate and will be due in 16 years. If the firm has a 32 percent tax rate, calculate the after-tax cost of debt.
Answer:
8.53%
Explanation:
Par value = $1000
Current bond = $922
Coupon = 1000*11.4% = $114
Years = 16
Pretax cost of debt = YTM(Nper, PMT, -PV, FV)
Pretax cost of debt = YTM(16, 114, -922, 1000)
Pretax cost of debt = 0.1255
Pretax cost of debt = 12.55%
After tax cost of debt = Pretax cost of debt * (1 - Tax rate)
After tax cost of debt = 12.55% * (1 - 32%)
After tax cost of debt = 0.1255 * 0.68
After tax cost of debt = 0.08534
After tax cost of debt = 8.53%
A factory wishes to maximize its profit by choosing how many of each of its products to produce every week. The factory cannot produce more than 32 units in total each week. A linear programming problem is formed and the part of the sensitivity report corresponding to this constraint is provided below. If the company could produce 10 more units each week, which of the following can be concluded about the optimal profit?
Nam Final Value Shadow Constraint R.H. Allowable Allowable
Price Side Increase Decrease
Total
Production 32 32 90 15.333 8.667
a. Optimal profit increases by 90.
b. Optimal profit increases by 900.
c. Optimal profit increases by 15.3.
d. Optimal profit increases by 153.3.
e. The impact on optimal profit cannot be determined with the given information.
According to Laurent, managers in Sweden, Denmark, and Great Britain believe that employees should ________. A. adopt a collectivist mindset B. participate in problem solving C. be "fed" all the answers by their superiors D. not be involved in the decision-making process
Answer:
B. participate in problem solving
Explanation:
André Laurent published the Cross Cultural Puzzle of International Human Resource Management.
This citation looks at how managers in different cultures interact with their employees based on the prevalent sociological tendencies of the country.
People from different cultures tend to perceive communication differently when they interact in the workplace.
He found that employees for Sweden, Denmark, and Great Britain like to participate in problem solving.
Predetermined Overhead Rate, Application of Overhead to Jobs, Job Cost, Unit Cost On August 1, Cairle Company's work-in-process inventory consisted of three jobs with the following costs: Job 70 Job 71 Job 72 Direct materials $1,600 $2,000 $850 Direct labor 1,900 1,300 900 Applied overhead 1,425 975 675 During August, four more jobs were started. Information on costs added to the seven jobs during the month is as follows: Job 70 Job 71 Job 72 Job 73 Job 74 Job 75 Job 76
Direct materials $800 $1,235 $3,550 $5,000 $300 $560 $80 Direct labor 1,000 1,400 2,200 1,800 600 860 172
Before the end of August, Jobs 70, 72, 73, and 75 were completed. On August 31, Jobs 72 and 75 were sold.
Required:
1. Calculate the predetermined overhead rate based on direct labor cost.
% of direct labor cost.
2. Calculate the ending balance for each job as of August 31.
Ending Balance
Job 70 $
Job 71 $
Job 72 $
Job 73 $
Job 74 $
Job 75 $
Job 76 $
3. Calculate the ending balance of Work in Process as of August 31.
$
4. Calculate the cost of goods sold for August.
$
5. Assuming that Cairle prices its jobs at cost plus 20 percent, calculate Cairle’s sales revenue for August.
Answer:
Cairle Company
1. The predetermined overhead rate based on direct labor cost is:
= 75% of direct labor cost.
2. August 31 Ending Balances:
Job 70 $7,475
Job 71 $7,960
Job 72 $9,825
Job 73 $8,150
Job 74 $1,350
Job 75 $2,065
Job 76 $384
3. Ending balance of Work in Process, August 31:
= $9,694
4. The cost of goods sold for August = $11,890
5. Sales revenue for August = $14,268
Explanation:
a) Data and Calculations:
Work in process inventory on August 1:
Job 70 Job 71 Job 72 Job 73 Job 74 Job 75 Job 76
Direct materials $1,600 $2,000 $850
Direct labor 1,900 1,300 900
Applied overhead 1,425 975 675
Direct materials $800 $1,235 $3,550 $5,000 $300 $560 $80
Direct labor 1,000 1,400 2,200 1,800 600 860 172
Applied overhead 750 1,050 1,650 1,350 450 645 129
Total costs $7,475 $7,960 $9,825 $8,150 $1,350 $2,065 $384
Work in Process:
Job 71 $7,960
Job 74 1,350
Job 76 384
Total $9,694
Cost of goods sold:
Job 72 $9,825
Job 75 $2,065
Total $11,890
Sales revenue = $14,268 ($11,890 * 1.20)
According to the results, if a CEO in the Financial industry and a CEO in the Health Care industry both have 88 years of experience, what is the estimated difference in annual salary between the two CEOs
Answer: $19,032.79
Explanation:
There is some data missing that I was unable to find so I will answer a similar question and can use your data to answer this using mine as a reference.
Because the healthcare industry is the base industry, the estimated difference in the annual salary is:
= 0 - Coefficient of Financial industry
= 0 - (-19,032.787112)
= 0 + 19,032.787112
= $19,032.79
In each of the following situations, determine whether the company would be more likely or less likely to benefit from refining its costing system.
1. In bidding for jobs, managers lost bids they expected to win and won bids they expected to lose
2. The company operates in a very competitive industry.
3. The company produces few products, and the products consume resources in a similar manner.
4. The company has very few indirect costs
5. The company produces high volumes of some of its products and low volumes of other products.
6. The company has reengineered its production process but has not changed its accounting system
Answer and Explanation:
The classification is as follows;
a. When the lost bids could be wins and won bids could be lose so it is most likely
b. When the company operates in the industry i.e. competitive so it is most likely
c. When the company generates less products and products are consumed in same way so it is less likely
d. When the company has less non-direct cost so it is less likely
e. When the company generated the high volume of products and some products are of less volume so it is most likely
f. When the company reengineered the process of the production but not varied the accounting system so it is most likely
Scenario:
AlphaCo and BetaCo are both mid-sized pharmaceutical companies that employ over a thousand workers. The highest paid employees at each company are the executives and the senior level researchers.
This year, both companies have a raise pool of $5,000,000 - that is, each can raise the total compensation paid to all of its workers by a total of five million dollars.
AlphaCo uses $3,500,000 of its raise pool to increase pay for executives and researchers. Most of the other workers receive small raises, and some receive no raise at all.
BetaCo uses $3,500,000 of its raise pool to give everyone in the firm an equal 5% raise. Some key employees receive a raise of over 5%.
1. Which company will have employees who are, overall, more satisfied? Why?
2. Which company is likely to outperform the other over the next year? Why?
Answer:
BetaCo BetaCoExplanation:
BetaCo raised the salaries of everyone in the company meaning that even those who were not getting paid so much saw their salaries increase. Employees here will feel more appreciated as a result of this financial incentive as opposed to AlphaCo that neglected to cater for all its employees in an equal manner.
BetaCo will outperform AlphaCo over the next year all else equal because motivated employees tend to work harder for a company. In addition, BetaCo increased the salaries of key staff by more than 5%. Those key staff will work harder as a result of this incentive and push the company further than AlphaCo.
Identify and explain each of the situational influences that are described in this scenario: Which situational influence was not described? Ruth, who has no children, wants to buy a special baby gift for her best friend's baby shower, which is this evening. Since she won't have any time between work and the baby shower, she must go today during her lunch break. She is planning on taking her sister with her to help make the selection. Ruth knows she will be ready to buy every baby-oriented product she sees because she wishes that she too was having a baby.
Answer:
Physical surroundings.
Explanation:
Ruth wants to buy special gift for her best friend's baby shower party. She has invited her sister to help her out with the selection in the shopping. Situational influence is described but there is no hint of physical surrounding. Author has not mentioned anything about the physical surrounding in the passage.
4. You want to take out a fully-amortizing 30-year mortgage. You can afford monthly payments of $600 each. The interest rate is 9%. How much money can you borrow?
Answer: $74569
Explanation:
Based on the information given in the question, the amount that can be borrowed is explained below:
Present value of annuity will e calculated as:
= 600 × [1-(1+0.09/12)^-(12 ×30)] / (0.09/12)
= 600 × [1-(1+0.0075)^-(360)] / 0.0075
= 600 × 1-(1.0075)^-(360)] / 0.0075
= 600 × [1-0.0678860074] / 0.0075
= 600 × 124.282
= 74569
The amount that can be borrowed is $74569
Quasik Corporation will be receiving 300,000 Canadian dollars (C$) in 90 days. Currently, a 90-day call option with an exercise price of $.75 and a premium of $.01 is available. Also, a 90-day put option with an exercise price of $.73 and a premium of $.01 is available. Quasik plans to purchase options to hedge its receivable position. Assuming that the spot rate in 90 days is $.71, what is the net amount received from the currency option hedge
Answer:
216000
Explanation:
($.73 - $.01) x 300,000
The net amount received from the currency option hedge is $216,000.
What is a call option?A call option is a contract that grants the option buyer the right to purchase an underlying asset at a particular price and time period.
A call option grants you the right, but not the obligation, to buy a stock at a specified price known as the strike price by a specific date at the expiration of the option.
According to the given question, Quasik intends to hedge its receivable position by purchasing options. Because Quasi will get CAD in the future, it should purchase a put option, or the right to sell.
Put option purchase cost = 0.01 * 300,000
= 3,000
Because the spot rate is $0.71 per CAD after 90 days, Quasik will exercise its option at the rate of $0.73 per USD.
Received amount = 0.73 * 300,000
= 219,000
After deducting the cost of purchasing the option, the net amount received is,
= 219,000 - 3,000
= 216,000.
The is $216,000 is the net gain from the currency option hedge.
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A thief uses a bag of sand to replace a gold statue that sits on a weight sensitive alarmed pedestal. The bag of sand and the statue have exactly the same volume 1.75 L. Assume that the mass of the bag is negligible. Calculate the mass of each object.
Answer:
No, the thief didn't set off the alarm. As the mass of the gold statue and the bag of sand is different, the alarm clock will start ringing once the statue is replaced with the bag of sand. Thus, the thief screwed up the operation.
No, the robber did not activate the alarm. The alarm clock will begin to sound as soon as the gold statue is swapped out for the sand bag because of the differences in mass. As a result, the theft went wrong.
What is the role of density in sand and the statue?The density of a substance quantifies how much mass is contained in each unit volume of that substance.
From this definition, we can infer that it is an intrinsic parameter, meaning that its value is unaffected by the size of the sample of the material under consideration.
Therefore, No, the thief didn't set off the alarm. The alarm clock will begin to sound as soon as the gold statue is swapped out for the sand bag because of the differences in mass. As a result, the theft went wrong.
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When a shift in ________ occurs, rational expectations hold that its impact on output and employment will only be minimal.
Answer:
Aggregate demand occurs.
Explanation:
The aggregate demand curve of the AD curve will move to the right and components of the demand like consummation, government, and investment spending on the exports and imports will rise. Macroeconomics states that the curve is vertical over time and people should rationally accept this pattern.The Best Company is reviewing two options for replacing a piece of machinery. The first machine costs $100,230 and has a four-year life. The second machine costs $155,000 and has a six-year life. Neither machine will have a salvage value. The machines will be replaced at the end of their life. What method should be used to determine which machine to purchase?
Answer:
Equivalent annual cost method
Explanation:
Equivalent annual cost method is a method used to choose between two projects with an unequal life span
The decision rule is to choose the product with the higher Equivalent annual cost
Equivalent annual cost method is better for making this decision because if net present value is used, the project with the higher useful life would be chosen. this does not mean it is more profitable
A recent study determined that, at the current market price, there is a shortage of widgets in Pleasantville. If the market for widgets is allowed to adjust, the ultimate result will be:
Answer: b. an increase in price and an increase in the quantity supplied
Explanation:
According to the law of supply and demand, when the supply of a good is low, the price should be high to reflect this scarcity. In this case, the supply of widgets is low, hence the shortage.
If the market was able to freely adjust, the price of widgets would increase to reflect this shortage. When supplies see this increase, they will increase their supply so as to earn more profits.
The number of all credit-card holders in the U.S. is IN(a) million card holders and the collective amount of credit card debt that all credit-card holders carry is D(x) billion dollars, x years after 2010. The average credit card debt per card holder at year x is:
Answer: D(x) / IN(a)
Explanation:
If one wanted to find out the average credit card debt per card holder then the correct formula would be:
= Amount of debt that all credit card holders carry / Number of credit card holders
As the amount of debt that all credit card holders carry is denoted by D(x) and the number of credit card holders is IN(a), the average credit card debt per card holder is:
= D(x) / IN(a)
The quantity demanded of cereal increased from 1,350 to 1,700 when the price of milk decreased from $2.05 to $1.65. What is the estimated cross-price elasticity of demand for cereal
Answer:
-1.33
Explanation:
Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.
If cross price elasticity of demand is positive, it means that the goods are -substitute goods.
Substitute goods are goods that can be used in place of another good.
If the cross-price elasticity is negative, it means that the goods are complementary goods.
Complementary goods are goods that are consumed together
Cross Price elasticity of demand = percentage change in quantity demanded of good A / percentage change in price of good B
percentage change in quantity demanded of good = (1700/ 1350) - 1 = 0.259
percentage change in price = (1.65 / 2.05) - 1 = -0.195
0.259 / -0.195 = -1.33
Kathleen Taylor is a high school student who has been investigating the possibility of mowing lawns for a summer job. She has a couple of friends she thinks she could hire on an hourly basis per job. The equipment, including two new lawnmowers and weedeaters, would cost her $500, and she estimates her cost per lawn, based on the time required to pay her friends to mow an average residential lawn (and not including her own labor) and gas for driving to the jobs and mowing, would be about $14.
a. If she charges customers $30 per lawn, how many lawns would she need to mow to breakeven?
b. Kathleen has 8 weeks available to mow lawns before school starts again, and she estimates that she can get enough customers to mow at least three lawns per day, 6 days per week. How much money can she expect to make over the summer?
c. Kathleen believes she can get more business if she lowers her price per lawn. If she lowers her price to $25 per lawn and increases her number of jobs to four per day (which is about all she can handle anyway), should she make this decision?
Answer:
Kathleen Taylor
a. The break-even lawns she needs to mow is:
= 31.25 lawns.
b. She can then expect to make $4,320 in Service Revenue and $2,304 in net income.
c. She should not lower her price.
Explanation:
a) Data and Calculations:
Cost of equipment = $500
Cost per lawn = $14
Price per lawn = $30
Contribution per lawn = $16 ($30 - $14)
Break-even point = $500/$16
= 31.25 lawns
Available period = 8 weeks
Number of lawns per day = 3
Working days per week = 6
Number of lawns per week = 18
Number of lawns for the period = 144 (18 * 8)
She can then expect to make $4,320 in Service Revenue and $2,304 in net income.
Number of lawns for the period = 192 (4 * 6 * 8)
Service revenue = $4,800 (192 * $25)
Net income = $2,112 (192 * $11)
Southwest Airlines wants to raise $20 million to finance the renovation of their corporate offices, and the company wishes to raise the funds through direct finance. Which of the following methods could it use?
a. It could issue $20 million in stocks.
b. It could sell $20 million in bonds.
c. It could borrow $20 million from a bank.
d. It could choose either A or B.
Answer:
D
Explanation:
Direct finance is when a company or individual borrows money directly from the financial market without the aid of a financial intermediary.
Examples include :
issuing bondsissuing sharesIndirect finance is when a company or individual borrows money through a financial intermediary. for example, borrowing from a bank
9. Suppose Betty saves $200 each month in her 401(k) account. How much less will her monthly take-home pay be than if she saved nothing? (Assume a combined 20% state and federal income tax rate.)
Answer:
$160
Explanation:
The way 401(k) savings work is that employees can save from their earnings before tax is deducted, which means that on the $200 saved no tax is deducted, hence, the take of the employee reduces by $200
When there are savings, a tax of 20% would have been deducted from the $200, as a result, the employee would be left with $160($200-($200*20%)), which means that take-home would reduce by $40, the amount tax deducted.
The reduction in take-home=$200-$40
The reduction in take-home=$160