Answer:capital
Explanation:
In business if you use your money from it, it's your capital equity your using
Output Average Fixed Cost Average Variable Cost 1 $50.00 $100.00 2 25.00 80.00 3 16.67 66.67 4 12.50 65.00 5 10.00 68.00 6 8.37 73.33 7 7.14 80.00 8 6.25 87.50 The marginal cost of the fifth unit of output is:__________ a. $62. b. $78. c. $3. d. $80.
Based on the change in cost as a result of the fifth unit of output, the marginal cost is c. $3.
What is the marginal cost?The marginal cost is cost of producing an additional unit of a good and can be found by the formula:
= Average variable cost when additional good is produced - Previous average variable cost
Solving gives:
= 68 - 65
= $3.00
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For 2021, Sherri has a short-term loss of $2,500 and a long-term loss of $4,750. a. How much loss can Sherri deduct in 2021?
Based on the information given the amount of loss that Sherri deduct in 2021 is $3,000.
Short-term loss and long-term lossSince he had both short-term loss and long-term loss the amount of loss that is deductible is $3,000 of capital loss. ($1,500 each for married filing separately).
Both the short-term loss and the long-term loss are combined up to the limit of the amount of $3,000 and the capital loss in excess of the amount of $3,000 are carried forward to following year.
Inconclusion the amount of loss that Sherri deduct in 2021 is $3,000.
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Question 14
A business could attribute a rise in sales to a radio advertising campaign if
o other businesses in the area had a similar rise.
O the radio ads were the only promotion at the time.
O people used the Internet to listen to the radio.
O one customer mentioned that she heard the ad on the radio.
The reason that businesses could attribute to a rise in sales to a radio advertising campaign is that the radio ads were the only promotion at the time.
Why would radios lead to a rise in sales?When sales rise it is usually the result of a increased promotional campaign aimed at getting customers to buy goods and services.
If there is a rise in sales and radio ads are the only way to promote a company in a certain area, then it means that the radio ads are the reason the sales increased.
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Coatney Incorporated has provided the following data for the month of October. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Work In Process Finished Goods Cost of Goods Sold Total Direct materials $ 3,760 $15,870 $ 76,130 $ 95,760 Direct labor 2,400 12,420 59,580 74,400 Manufacturing overhead applied 1,950 6,240 30,810 39,000 Total $ 8,110 $34,530 $166,520 $209,160 Manufacturing overhead for the month was overapplied by $7,000. The Corporation allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the manufacturing overhead applied during the month in those accounts. The finished goods inventory at the end of October after allocation of any underapplied or overapplied manufacturing overhead for the month is closest to:
Answer:
$33,410
Explanation:
The computation of Ending finished goods inventory after allocation of underapplied or overapplied manufacturing overhead is shown below:-
Ending finished goods inventory after allocation of overapplied manufacturing overhead
= (Total of finished goods - (Manufacturing overhead applied of finished goods ÷ Total of Manufacturing overhead applied) × Overapplied amount
= ($34,530 - ($6,240 ÷ $39,000) × $7,000)
= $34,530 - $1,120
= $33,410
Labuk is a 20-year employee of Whirley Corporation. During his career with Whirley, Labuk has felt uncomfortable with his supervisor, Bob, because of his behavior. On one occasion, Bob told him that foreigners should stop seeking jobs in the United States if they cannot perform. On another occasion, Bob yelled at Labuk and called him an "idiot." Which of the following may be true in this case?
a. Labuk does not have a harassment claim based on national origin because these two incidents, although offensive, do not create a hostile work environment.
b. Labuk does not have a harassment claim based on national origin because the Fair Labor Standards Act (FLSA) allows employers to discriminate in favor of U.S. citizens.
c. Labuk has a harassment claim based on national origin because Title VII of the Civil Rights Act of 1964 provides protection against discrimination based on country of citizenship.
d. Labuk has a harassment claim based on national origin under Title VII of the Civil Rights Act of 1964 because he belongs to a protected racial class.
Answer:
a. Labuk does not have a harassment claim based on national origin because these two incidents, although offensive, do not create a hostile work environment.
Explanation:
In order for Labuk to have a valid harassment claim, his supervisor must have created an offensive and hostile work environment. Apparently, the supervisor's bad attitude is not shared by Labuk's colleagues, at least it doesn't say so in the question.
The supervisor's attitude might not have been appropriate, but two incidents in 20 years is something can happen to anyone and not just Labuk. Imagine how many times an employee might argue or have some type of dispute with a supervisor during 20 years. Labuk should have reported both incidents to a company's manager.
Mason (single) is a 50 percent shareholder in Angels Corp. (an S Corporation). Mason receives a $180,000 salary working full time for Angels Corp. Angels Corp. reported $400,000 of taxable business income for the year (2020). Before considering his business income allocation from Angels and the self-employment tax deduction (if any), Mason’s adjusted gross income is $180,000 (all salary from Angels Corp.).
Required:
What is Mason’s net investment income tax liability (assume no investment expenses)?
Answer:
$6,840
Explanation:
Given that:
Mason receives a salary amount of $180,000
Taxable business income = $400,000 × 50%
Adjusted Gross Income = $180,000 + $200000
Adjusted Gross Income = $380000
The net investment income tax liability is:
= (380000 -200000) × 3.8%
= 180000 × 3.8%
= $6,840
The end-of-the-year account balances for Yelton Industries are as follows:
Office supplies $3,000
Raw materials 21,000
Work-in-process 32,000
Finished goods 46,000
Prepaid insurance 7,000
The amount Yelton should report as inventories on the balance sheet is: ____________
a. $78,000.
b. $46,000.
c. $99,000.
d. $104,000.
Answer:
C. $99,000.
Explanation:
In order to calculate the amount that should be reported as inventories, you have to recognize that only raw materials, work-in-process, and finished goods should be included here. By adding all of those, you arrive at the correct answer: $21,000 + $32,000 + $46,000 = $99,000.
Putnam Company owns 80 percent of Swaraj Company. The excess of acquisition cost over book value was attributed entirely to previously unrecorded identifiable intangibles. For 2020, Swaraj Company reported net income of $7,000,000 and declared and paid dividends of $2,000,000. Appropriate amortization of the previously unrecorded identifiable intangibles for 2020 is $1,750,000. The following information is available regarding intercompany transactions:
1. During 2020, Swaraj sold land to Putnam at a loss of $300,000. Putnam still holds the land at December 31, 2020.
2. Putnam’s ending inventory at December 31, 2020, included merchandise acquired from Swaraj; the unconfirmed profit on this inventory was $600,000.
3. Putnam’s ending inventory at December 31, 2019, included merchandise acquired from Swaraj; the unconfirmed profit was $350,000.
4. On January 3, 2017, Putnam sold equipment to Swaraj at a gain of $1,000,000; at the time of sale, the remaining life of this equipment was 10 years, straight-line. Swaraj still holds the equipment at December 31, 2020.
Required:
Calculate Putnam Company’s equity in net income for 2020 and the noncontrolling interest in net income for 2020.
Based on the ownership interest of Putnam Company in Swaraj Company, Putnam Company’s equity in net income for 2020 is $4,340,000.
The noncontrolling interest in net income is $1,060,000.
What is Putnam Company's net income from Swaraj Company?= Share of reported income - Share of amortization of identifiable intangibles + Share of loss of land - Share of Unconfirmed Profit on inventory + Share of Confirmed profit on inventory as of 2020 + Gain on equipment sale
= (80% x 7,000,000) - (80% x 1,750,000) + (80% x 300,000) - (80% x 600,000) + (80% x 350,000) + 100,000
= $4,340,000
What is the noncontrolling interest in net income?This can be found as:
= Total net income - Putnam company share
= Reported income - Amortization of identifiable intangibles + Loss of land -Unconfirmed Profit on inventory + Confirmed profit on inventory as of 2020 + Gain on equipment sale - Putnam company share
= 7,000,000 - 1,750,000 + 300,000 - 600,000 + 350,000 + 100,000 - 4,340,000
= $1,060,000
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Question 1: Describe the meaning of a database and provide 3 reasons why businesses need
to use it?
Which of the following is a potential cause of relationship conflict?
a. ambiguities regarding the tasks to be accomplished
b. differences in goals, objectives, and perspectives
c. scarcity of resources to accomplish the group's goals
d. dissimilarities in the composition of the membership of the group
It should be noted that a potential cause of relationship conflict is b. differences in goals, objectives, and perspectives.
What is Relationship conflict?Relationship conflict can be regarded as the disagreement between people.
It is a when people have different perspective of seeing things.
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David purchased a $100,000 participating whole life policy. The annual premium is $2,280. Projected dividends for the first 20 years are $15,624. The cash value after 20 years will be $35,260. If the premiums were invested at 5 percent for 20 years, the premiums would grow to $79,156. If the dividends were accumulated at 5 percent for 20 years, they would grow to be $24,400. The amount to which $1 deposited annually will accumulate in 20 years at 5 percent is $34.719. Based on this information, what is the net payment cost per thousand per year of David's policy over the 20-year period
Answer:
$15.77
Explanation:
Net payment cost index is a term that defines a method of calculating the actual price of an insurance policy to an insured in a situation where death comes up at the expiration of a given duration. Thus, the time value of money is fully considered, and it is calculated as this:
The accumulated premiums - accumulated dividends =
= > $79,156 - $24,400 = $54,756
Hence, $54,756 ÷ 34.719 (accumulated interest rate) = $1,577.11
$1,577.21 ÷ 100 = $15.77
Therefore, the net payment cost is = $15.77
All of the following are part of a job analysis except _______. Multiple choice question. the compensation associated with the job the skills and abilities needed to perform the job the specific tasks required of the job the environment in which a job is to be performed
What does not serves as part of a job analysis is the environment in which a job is to be performed
What is meant by job analysis?Job analysis serves as the process of studying a job, it requires a strategy that will help to determine the activities and responsibilities that involve in the job
It is very necessary to determine qualifications necessary for performance of the job.
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Illustrate your understanding of socially responsible practices/alternatives that are required to are required to reduce Shell’s carbon emissions by 45% through having a discussion that includes and highlights specific examples of socially responsible practices/alternatives
Socially responsible practices were required by the Dutch court for Shell to reduce carbon emissions by 45% by 2030. The company has adopted some practices to achieve this end, such as:
Maximize renewable energyPromote the use of natural gasOffset carbon emissionsWhat is the relevance of socio-environmental practices?Environmentally responsible practices help an organization generate value for its stakeholders through corporate governance focused on the development of society and the preservation of natural resources.
Therefore, by adopting responsible practices, companies attract investors and achieve more positioning and competitiveness in the market.
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Required information The Foundational 15 [LO6-1, LO6-2, LO6-3, LO6-4, LO6-5] [The following information applies to the questions displayed below.] Diego Company manufactures one product that is sold for $73 per unit in two geographic regions—the East and West regions. The following information pertains to the company’s first year of operations in which it produced 56,000 units and sold 51,000 units. Variable costs per unit: Manufacturing: Direct materials $ 24 Direct labor $ 16 Variable manufacturing overhead $ 2 Variable selling and administrative $ 3 Fixed costs per year: Fixed manufacturing overhead $ 784,000 Fixed selling and administrative expense $ 672,000 The company sold 38,000 units in the East region and 13,000 units in the West region. It determined that $300,000 of its fixed selling and administrative expense is traceable to the West region, $250,000 is traceable to the East region, and the remaining $122,000 is a common fixed expense. The company will continue to incur the total amount of its fixed manufacturing overhead costs as long as it continues to produce any amount of its only product. Foundational 6-7 7. What is the amount of the difference between the variable costing and absorption costing net operating incomes (losses)?
Answer:
Results are below.
Explanation:
The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).
Variable costing income statement:
Total unitary variable production cost= (24 + 16 + 2 + 3)= $45
Sales= 73*51,000= 3,723,000
Total variable cost= 51,000*45= (2,295,000)
Contribution margin= 1,428,000
Fixed manufacturing overhead= (784,000)
Fixed selling and administrative expense= (672,000)
Net operating income= (28,000)
Absorption costing income statement:
Unitary production cost= (24 + 16 + 2) + (784,000/56,000)
Unitary production cost= $56
Sales= 73*51,000= 3,723,000
COGS= 51,000*56= (2,856,000)
Gross profit= 867,000
Total selling and administrative= 672,000 + 3*51,000= (825,000)
Net operating income= 42,000
The difference between both methods is the fixed manufacturing overhead allocated in ending inventory.
P Service Company has budgeted direct labor hours of 100 and direct labor cost per hour of $25 for data analysis personnel and budgeted direct labor hours of 50 and direct labor cost per hour of $30 for staff accountants. JP Service Company's cost of direct labor is
Based on the cost rate for the direct labor of P Service Company, the cost of direct labor would be $2,500.
What is the cost of direct labor?This is the amount that is budgeted to be paid to those that are directly involved in the provision of services by P Service company.
This includes the data analysis personnel only:
= (100 x 25)
= $2,500
In conclusion, the cost of direct labor is $2,500.
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Answer:
4000
Explanation:
direct labor hours 100
direct labor cost per hour data $25
budgeted direct labor hours 50
direct labor cost per hour $30
(100 x 25)+(50 x 30) = 4000
A marketing practice whose goal is to generate traffic from search engines through both paid and unpaid efforts is called : __________
a. search marketing.
b. sentiment marketing.
c. social media marketing.
d. content marketing.
e. digital marketing.
Answer:
ahm... the answer is A and I hope i can help more just focus in your study
In your opinion, what are the main challenges that our country is facing? And what are the possible smart solutions recommended?
Answer:
Can you please tell me what country it is
What is a dashboard? What are the elements? and how is it useful for
managers?
Answer:
Contains series of information of a personal details
Explanation:
To know their statistics day to day of how things are going on.
One of the consequences of increasing the minimum wage has been: ________
a. decreased unemployment for low-skill workers.
b. workers offering to work "off the books" for less than the minimum wage.
c. lower production costs for small businesses.
d. increased employment for high-skill workers.
A consequence of increasing the minimum wage is A. decreased unemployment for low-skill workers.
What is a wage?A wage simply means the payment for the services rendered by an individual on a hourly basis.
In this case, consequence of increasing the minimum wage is a decreased unemployment for low-skill workers.
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The Almer Group announced its decision to merge with Dover Global Solutions. This is an example of a(n):
An example of firm merger is when Almer Group announced its decision to merge with Dover Global Solutions.
What is a firm merger?A firm merger refers to an formal arrangement whereby two or more existing companies unites into one new company.
Therefore, when Almer Group announced its decision to merge with Dover Global Solutions, it is an example of firm merger.
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Below you are given calories and protein of 7 whey protein brands
#
Calories
Protein
1
250
25
2
287
23
3
184
28
4
263
28
5
244
28
6
191
28
7
215
30
For these data (the two variables), compute:
a) The mean, median, first quartile and third quartile.
b) Compute the range, interquartile range, variance, standard deviation and coefficient of variation.
c) Compute the z-score;
d) Compute the variance and correlation between the two variables.
e) Ensure that you comment each obtained result.
Answer:
i actually think its 25
Explanation:
Lena Kay and Kathy Lauder have a patent on a new line of cosmetics. They need additional capital to market the products, and they plan to incorporate the business. They are considering the capital structure for the corporation. Their primary goal is to raise as much capital as possible without giving up control of the business. Kay and Lauder plan to invest the patent in the company and receive 100,000 shares of the corporation's common stock. They have been offered $100,000 for the patent.
The corporation’s plans for a charter include an authorization to issue 5,000 shares of preferred stock and 500,000 shares of $1 par common stock. Kay and Lauder are uncertain about the most desirable features for the preferred stock. Prior to incorporating, they are discussing their plans with two investment groups. The corporation can obtain capital from outside investors under either of the following plans:
Plan 1. Group 1 will invest $150,000 to acquire 1,500 shares of 6%, $100 par nonvoting, noncumulative preferred stock.
Plan 2. Group 2 will invest $100,000 to acquire 1,000 shares of $5, no-par preferred stock and $70,000 to acquire 70,000 shares of common stock. Each preferred share receives 50 votes on matters that come before the common stockholders.
Assume that the corporation is chartered.
Required:
a. Journalize the issuance of common stock to Kay and Lauder.
b. Journalize the issuance of stock to the outsiders wider both plans.
c. Net income for the first year is $180,000 and total dividends are $30,000. Prepare the stockholders' equity section of the corporation's balance sheet under both plans.
a. The journalizing of the issuance of common stock to Kay and Lauder is as follows:
Debit Patent $100,000
Credit Common Stock $100,000
Issuance of 100,000 shares at $1 each.b. The journalizing of the issuance of stock to the outsiders under both plans is as follows:
Plan 1:
Debit Cash $150,000
Credit 6% Preferred stock $150,000
Issuance of 1,500 shares at $100 par.Plan 2:
Group 2:
Debit Cash $100,000
Credit Preferred stock, 1,000 shares at $5, $5,000
Credit Additional Paid-in Shares: Preferred $95,000
Issuance of 1,000 shares at $5 each for $100,000.Debit Cash $70,000
Credit Common Stock $70,000
Issuance of 70,000 shares at $1c. The Stockholders' Equity Section of the Kay and Lauder Corporation is as follows:
Stockholders Equity:
Plan 1:
6% Preferred stock, 1,500 shares at $100, $150,000
Common stock $100,000
Plan 2:
Preferred stock, 1,000 shares at $5, $5,000
Additional Paid-in Shares: Preferred $95,000
Data and Calculations:Value of Patent = $100,000
Authorized preferred stock = 5,000 shares
Authorized common stock = 500,000 shares at $1 par value
Plan 1:
Group 1:
6% Preferred stock, 1,500 shares at $100 par = $150,000
Plan 2:
Group 2:
Preferred stock, 1,000 shares at $5 = $5,000
Additional Paid-in Shares: Preferred = $95,000 ($100,000 - $5,000)
Common Stock, 70,000 shares at $1 = $70,000
Voting shares = 50,000 (1,000 x 50)
Net income $180,000
Plan 1: Dividends:
Preferred dividend $9,000
Common stock 21,000
Total dividends ($30,000)
Retained earnings $150,000
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Suppose the civilian noninstitutionalized working age population is 35.9 million in Laborland, 4.4 million are working part time, and 13.19 million are working full time. Laborland used the Bureau of Labor Statistics (BLS) definitions for unemployment data. Among those not working, the most recent job search activity for 3.40 million happened less than two weeks ago, while 1.72 million most recently looked for work between two and four weeks ago. An additional 0.86 million most recently looked for work five weeks ago, and the remaining 12.33 million who don\'t have jobs have not looked for work in the past six weeks.
Required:
a. What is Laborland's total labor force?
b. What is Laborland's labor force participation rate?
c. How many people are unemployed in Laborland?
d. What is Laborland's unemployment rate?
Explanation:
1
Total labor force = employed + unemployed
Employed = full time + part time
= 4.4million + 13.19million
= 17.59 million
Unemployed = 3.40 + 1.72
= 5.12
Therefore,
Labour force = 17.59 + 5.12
= 22.71 million
2.
Labour force participation rate = labour force/working age of non-institutional working population
= 22.71/35.9
= 0.6326 x 100
= 63.26%
3.
Unemployed = 3.40 + 1.72
= 5.12 million people
4.
Unemployment rate = number of unemployed person/ labour force
= 5.12/22.71
= 0.2255 x 100
= 22.55%
a. Raw materials purchased on account, $209,000.
b. Raw materials used in production, $191,000 ($152,800 direct materials and $38,200 indirect materials).
c. Accrued direct labor cost of $48,000 and indirect labor cost of $20,000.
d. Depreciation recorded on factory equipment, $106,000.
e. Other manufacturing overhead costs accrued during October, $131,000.
f. The company applies manufacturing overhead cost to production using a predetermined rate of $5 per machine-hour. A total of 76,100 machine-hours were used in October.
g. Jobs costing $515,000 according to their job cost sheets were completed during October and transferred to Finished Goods.
h. Jobs that had cost $451,000 to complete according to their job cost sheets were shipped to customers during the month. These jobs were sold on account at 38% above cost.
Required:
1. Prepare journal entries to record the transactions given above.
2. Prepare T-accounts for Manufacturing Overhead and Work in Process. Post the relevant transactions from above to each account.
Compute the ending balance in each account, assuming that Work in Process has a beginning balance of $35,000.
Answer:
1. Journal Entries
a.
Debit Raw materials $209,000
Credit Accounts Payable $209,000
To record the purchase of raw materials on account.
b.
Debit Work in Process $152,800
Debit Manufacturing Overhead $38,200
Credit Raw materials $191,000
To record raw materials used in production as direct and indirect materials respectively.
c.
Debit Work in Process $48,000
Debit Manufacturing Overhead $20,000
To record direct and indirect labor costs.
d.
Debit Manufacturing Overhead $106,000
Credit Depreciation Expense-Equipment $106,000
To record depreciation on factory equipment.
e.
Debit Manufacturing Overhead $131,000
Credit Expenses Payable $131,000
To accrue other manufacturing overhead costs.
f.
Debit Work in Process $380,500
Credit Manufacturing Overhead $380,500
To apply manufacturing overhead cost to production.
g.
Debit Finished Goods Inventory $515,000
Credit Work in Process $515,000
To transfer goods to finished goods inventory.
h.
Debit Cost of Goods Sold $451,000
Credit Finished Goods Inventory $451,000
To record the cost of goods sold.
Debit Accounts Receivable $622,380
Credit Sales Revenue $622,380
To record the sale of goods on account at 38% above cost.
2. T-accounts for Manufacturing Overhead and Work in Process
Manufacturing Overhead
Account Title Debit Credit
Raw materials $38,200
Indirect labor cost 20,000
Depreciation-Equip. 106,000
Other costs 131,000
Work in Process $380,500
Ending balance 85,300
Work in Process
Account Title Debit Credit
Beginning Balance $35,000
Raw materials 152,800
Direct labor cost 48,000
Manuf. Overhead 380,500
Finished Goods $515,000
Ending Balance 101,300
Explanation:
Manufacturing overhead applied = 76,100 * $5 = $380,500
Manufacturing overhead overapplied = $85,300
What is an advantage of renting a place to live?
lower front costs
payments chance from month to month
low down payment
increase equity over time
Answer:
lower front costs
Explanation
Owning a home requires some substantial capital outlay. Due to the high-cost involved upfront, people who cannot raise a lot of money at once opt to rent.
Renting a house requires a lot less money as compared to owning a home. One needs to find a house whose rent obligation is within their means. He or she engages the landlord and sign a tenancy agreement. Once the deposit and rent are paid as agreed with the landlord, they can start living in the house.
Feeling regret or concern after making a large purchase
Answer:
You are feeling buyer's remorse. This is normal and it is ok to feel this way. Money comes and goes you will have the money back soon.
HELP PLEASE!!!!!
This industry removes the raw materials from the land and modifies them for human use.
Choose the answer.
Question 20 options:
wholesale
subcontracting
extractive
retail
Identify whether each of the following statements best illustrates the concept of consumer surplus, producer surplus, or neither.
a. Even though I was willing to pay up to $185 for a used laptop, I bought a used laptop for only $175.
b. I sold a watch for $61, even though I was willing to go as low as $55 in order to sell it.
c. Even though I was willing to pay up to $68 for a used textbook and even though the seller was willing to go as low as $64 in order to sell it, we couldn't reach a deal because the government imposed a price floor of $73 on the sale of textbooks.
Answer:
a)Consumer Surplus
b)Producer Surplus
c) Neither
Explanation:
Producer Surplus can be explained as the difference that exist between the actual price the producer or someone given a good /services out at a price received for good/service offered and the price they are willing to sell out the goods/service. That "" surplus"" is at the good side of the producer, which is a benefit for the producer and the producer's welfare.
consumer surplus is the difference that exist between the amount a particular consumer actually got his/her goods/services from seller and the amount he/she is willing to pay for the particular goods/service. It is regarded as the consumer's welfare.
a. Even though I was willing to pay up to $185 for a used laptop, I bought a used laptop for only $175.
(Consumer Surplus)
Here, the amount the consumer is willing to pay is $185 but the price the seller gives out is $175
Consumer Surplus= $185- $175= $10
b. I sold a watch for $61, even though I was willing to go as low as $55 in order to sell it.
.(Producer Surplus)
Here the price the producer willing to sell is $55but sold at $61
Producer Surplus= $61-$55=$6
c. Even though I was willing to pay up to $68 for a used textbook and even though the seller was willing to go as low as $64 in order to sell it, we couldn't reach a deal because the government imposed a price floor of $73 on the sale of textbooks.
(Neither)
This is neither Producer Surplus nor consumer surplus.
Read the following scenario and then answer questions 1.1 to 1.4: Hombill Holdings Pty (Ltd) is an independent organisation providing different services in the corporate sector. Their new communication division is looking for three graduates, who have recently graduated with a national diploma/degree in communication studies. They are looking at a selection process to use for the new inters 1.1 12 Define the concept "selection process" (4) List and briefly describe the different steps that Hornbill Holdings should use when selecting the new graduates (7) 1 HRM1501/2022 Assignment 03 Which Act should organisations take into consideration to adhere to during the selection process? W P 1.3
1. The concept "selection process" can be defined as the process of selecting and shortlisting the right candidates with the required qualifications and experience to fill the work positions in an organization.
2. The different steps that Hornbill Holdings Pty (Ltd) should follow when selecting the new graduates include:
Job DesignPosition DescriptionForming a Selection CommitteeRecruitmentInitial Screening of CandidatesPhone, Video, or other Pre-InterviewsIn-Person InterviewsRecommendation for Hire.3. Since Hornbill Holdings Pty (Ltd) is an Australian-domiciled organization, the Act that organizations should consider during the selection process is The Disability Discrimination Act 1992 (DDA).
This act makes it unlawful for any form of discrimination against persons living with a disability. Another important act worthy of consideration is the Equal Opportunity Act 1984 (WA).
Especially in Western Australia, the Equal Opportunity Act prevents discrimination based on s.x, marital status, pregnancy, or breastfeeding.
Thus, necessary selection processes should always be followed when making employment decisions.
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Suppose you are a euro-based investor who just sold Microsoft shares that you had bought six months ago. You had invested 10,000 euros to buy Microsoft shares for $120 per share; the exchange rate was $0.97 per euro. You sold the stock for $189 per share and converted the dollar proceeds into euro at the exchange rate of $0.88 per euro. First, determine the profit from this investment in euro terms. Second, compute the rate of return on your investment in euro terms. How much of the return is due to the exchange rate movement
a) The profit from the investment is 7,360 euros.
b) The rate of return is 73.6%.
c) The amount of the return due to the exchange rate movement is 1,610 euros.
Data and Calculations:Investment in Microsoft Corporation = 10,000 euros
Price per share = $120
Exchange rate = $0.97 per euro
Number of shares bought = 80.93 shares (10,000 euros x $0.97)$120
Selling price per share = $189
Sales proceeds = $15,277.50 (80.93 x $189)
Sales proceeds in euro = 17,360.80 euros ($15,277.50/$0.88)
a) Profit from the investment = 7,360 euros (17,360.80 - 10,000)
b) Rate of return = 73.6% (7,360/10,000 x 100)
Profit from the investment based on an exchange rate of $0.97 = 15,750 euros ($15,277.50/$0.97)
c) Amount of the return due to the exchange rate movement = 1,610 euros (17,360 - 15,750).
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