Answer:
Inflation refers to the general rise in price levels of goods and services in an economy.
[tex]Inflation = \frac{CPI in current year - CPI in previous year}{CPI in current year} *100[/tex]
2014 Inflation;
[tex]Inflation = \frac{104.7 - 100}{100} *100\\= 0.047[/tex]
= 4.7%
2015
[tex]Inflation = \frac{109.3 - 104.7}{104.7} *100\\\\= 0.0439[/tex]
= 4.39%
2016
[tex]Inflation = \frac{113.1 - 109.3}{109.3} *100\\\\= 0.0348[/tex]
= 3.48%
2017
[tex]Inflation = \frac{119.2 - 113.1}{113.1} *100\\\\= 0.0539[/tex]
= 5.39%
Match the strategies to ensure effective service through intermediaries to the scenarios.
OPTIONS
control strategy
empowerment strategy
partnering strategy
------------------------------
Jason has just launched a company. He has supplied
the intermediaries with research regarding his
company’s services.
arrowRight
Olivia is managing a company where the services have
to be sold by working together with the intermediaries.
arrowRight
Peter’s company has set many service standards for the
intermediaries. His company constantly measures these
standards and makes sure they are followed.
arrowRight
Answer:
Jason has just launched a company. He has supplied
the intermediaries with research regarding his
company’s services.-partnering strategy
arrowRight
Olivia is managing a company where the services have
to be sold by working together with the intermediaries.-empowerment strategy
arrowRight
Peter’s company has set many service standards for the
intermediaries. His company constantly measures these
standards and makes sure they are followed.-control strategy
arrowRight
I do not know if i am right or not but if right plz mark Brainliest! HOPE THIS HELPS <3
Explanation:
Suppose you win a small lottery and have the choice of two ways to be paid: You can accept the money in a lump sum or in a series of payments over time. If you pick the lump sum, you get $2,850 today. If you pick payments over time, you get three payments: $1,000 today, $1,000 1 year from today, and $1,000 2 years from today. At an interest rate of 5% per year, the winner would be better off accepting the , since that choice has the greater present value. At an interest rate of 8% per year, the winner would be better off accepting , since it has the greater present value. Years after you win the lottery, a friend in another country calls to ask your advice. By wild coincidence, she has just won another lottery with the same payout schemes. She must make a quick decision about whether to collect her money under the lump sum or the payments over time. What is the best advice to give your friend
Answer:
The lump-sum is better.
Explanation:
It depends on the interest rate. In this case, the lump-sum is the better option.
8. The goal of Full Employment provides
as many jobs as possible
more money for economic output
more tax revenue for the government
all of the above
Answer:
all of the above
Explanation:
Full employment is a macroeconomic objective that targets to have all available labor resources employed most efficiently. In a full-employment situation, there is a zero or very low unemployment rate. In reality, a 3 to 4 percent unemployment rate is considered full employment.
some of the benefits of pursuing full employment include
Improved living standards: Employment moves people from zero to at least the minimum income, thereby improving their living standards.Widen tax base: Government can collect more taxes with a larger number of employed people.Increase income: with increased incomes, there is increased consumption in the economy. The multiplier effect of increased spending is more job opportunities and higher earnings.Full employment relieves the government from the burdens of social support.It improves equity in wealth distribution.Suppose Intel stock has a beta of , whereas Boeing stock has a beta of . If the risk-free interest rate is and the expected return of the market portfolio is , according to the CAPM, a. What is the expected return of Intel stock? b. What is the expected return of Boeing stock? c. What is the beta of a portfolio that consists of Intel stock and Boeing stock? d. What is the expected return of a portfolio that consists of Intel stock and Boeing stock? (There are two ways to solve this.
Answer:
a. Expected return of Intel stock
= Risk free rate + Beta * ( Market return - risk free rate)
= 5.6% + 1.69(12.2% - 5.6%)
= 16.75%
b. Expected return of Boeing stock
= Risk free rate + Beta * ( Market return - risk free rate)
= 5.6% + 0.88(12.2% - 5.6%)
= 11.40%
c. Beta of a Portfolio with 60% Intel stock and 40% Boeing stock.
= Weighted average of betas
= (0.6 * 1.69) + ( 0.4 * 0.88)
= 1.37
d. First method - Weighted average of both returns
= (0.6 * 16.75%) + (0.4 * 11.40%)
= 14.6%
Second method - Use the Portfolio beta and CAPM
= Risk free rate + Beta * ( Market return - risk free rate)
= 5.6% + 1.37(12.2% - 5.6%)
= 14.6%
What is one major disadvantage to organizing a business as a sole
proprietorship?
A. Stockholders may remove the owner from the business,
B. The business will be subject to many legal regulations.
C. Conflict between owners could disrupt the business.
D. The business could fall apart if the owner dies,
SUBMIT
Answer:
D. The business could fall apart if the owner dies
Explanation:
since sole proprietorship entails an organization owned by an individual, the end of the existence of the owner, results to the business falling apart since there is no one to take care of the firm.
The business could fall apart if the owner dies, is one major disadvantage to organizing a business as a sole proprietorship. In a sole proprietorship, the business is owned and operated by a single person, and the owner has complete control over the business. Thus, option D is correct.
What is sole proprietorship?A sole proprietorship is a type of business structure in which a single individual owns and operates a business. In this type of business, there is no legal distinction between the owner and the business, which means that the owner is personally responsible for all the debts and liabilities of the business.
This means that the owner is also entitled to all the profits of the business, and has complete control over its operations. Sole proprietorships are generally the simplest and least expensive type of business to set up, and they are often used by small businesses, freelancers, and independent contractors.
However, they also have some disadvantages, such as limited access to funding, lack of liability protection, and the potential for the business to end if the owner dies or becomes incapacitated.
Learn more about sole proprietorship here:
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When a market successfully understands a negative externality like pollution, and assigns costs in a way that they are reflected in the market price, the market is said to be ________________________.
Answer:
allocating resources efficiently
Explanation:
A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.
Negative externality causes inefficient allocation of resources. By assigning costs to negative externality, the negative externality produced would reduce and this would lead to efficient allocation of resources
Reagan Corp. acquired one hundred percent of Ford Inc. on January 1, 2016, at a price in excess of the subsidiary's fair value. On that date, Reagan's equipment (ten-year life) had a book value of $360,000 but a fair value of $480,000. Ford had equipment (ten-year life) with a book value of $240,000 and a fair value of $350,000. Reagan used the equity method to record its investment in Ford. On December 31, 2018, Reagan had equipment with a book value of $250,000 and a fair value of $400,000. Ford had equipment with a book value of $170,000 and a fair value of $320,000. What is the consolidated balance for the Equipment account as of December 31, 2018? A. $387,000. B. $497,000. C. $508.000. D. $537,000.
Answer:
B. $497,000
Explanation:
Consolidated Balance of Equipment
Excess value at the acquisition $110,000
($350,000-$240000)
Book value as on Dec 31 2018 of Ford $170,000
Book value as on Dec 31 2018 of Regent $250,000
Less: excess depreciation -$33,000 ($110,000/10*3)
Consolidated balance of equipment $497,000
Stanley-Morgan Industries adopted a defined benefit pension plan on April 12, 2021. The provisions of the plan were not made retroactive to prior years. A local bank, engaged as trustee for the plan assets, expects plan assets to earn a 10% rate of return. The actual return was also 10% in 2021 and 2022\.\* A consulting firm, engaged as actuary, recommends 5% as the appropriate discount rate. The service cost is $300,000 for 2021 and $390,000 for 2022. Year-end funding is $310,000 for 2021 and $320,000 for 2022. No assumptions or estimates were revised during 2021\.\* We assume the estimated return was based on the actual return on similar investments at the inception of the plan and that, since the estimate didn't change, that also was the actual rate in 2022.Required:Calculate each of the following amounts as of both December 31, 2021, and December 31, 20221. Projected benefit obligation2. Plan assets3. Pension expense4. Net pension asset liability
Answer:
1. Balance, December 31, 2022 $705,000
2. Balance, December 31, 2022 $661,000
3. Pension expense 2021 $300,000
Pension expense 2022 $374,000
4. Net pension asset, Dec. 31, 2021 $ 10,000
Net pension liability, Dec. 31, 2022 $ 44,000
Explanation:
1. Calculation for the Projected benefit obligation
Projected Benefit Obligation
($)
Balance, January 1, 2021 $ 0
Service cost 300,000
Interest cost (5% x $0) 0
Benefits paid (0)
Balance, December 31, 2021 $300,000
Service cost 390,000
Interest cost (5% x $300,000) 15,000
Benefits paid (0)
Balance, December 31, 2022 $705,000
(300,000+390,000+15,000)
2. Preparation of Plan assets
Plan Assets
Balance, January 1, 2021 $ 0
Actual return on plan assets (10% x $0) 0
Contributions, 2021 310,000
Benefits paid (0)
Balance, December 31, 2021 $310,000
Actual return on plan assets 31,000
(10% x $310,000)
Contribution, 2022 320,000
Benefits paid (0)
Balance, December 31, 2022 $661,000
(310,000+31,000+320,000)
3. Preparation of Pension expense
Pension expense – 2021
Service cost $300,000
Interest cost (5% x $0)0
Expected return on the plan assets (10% x $0) 0
Pension expense $300,000
Pension Expense – 2022
Service cost $390,000
Interest cost 15,000
(5% x $300,000)
Expected return on the plan assets (31,000)
(10% x $310,000)
Pension expense $374,000
4. Preparation of the Net pension asset liability
PBO $300,000
Plan assets 310,000
Net pension asset, Dec. 31, 2021 $ 10,000
PBO$705,000
Plan assets 661,000
Net pension liability, Dec. 31, 2022 $ 44,000
Operating a cash register is a _________ skill. (soft skill or hard skill)
Answer:
Also a hard skill.
Explanation:
A hard skill is something that you have to learn.
Which of the following is true? Group of answer choices An excise subsidy has only a substitution effect since the subsidy artificially lowers the price of the subsidized good causing the consumer to increase consumption of the good, but no income effect. An excise subsidy increases consumption of a good by the same quantity as does a cash transfer but at a lower cost to the government. An excise subsidy has an income effect since the subsidy increases the consumer’s income but no substitution effect. An excise subsidy has both an income and a substitution effect which causes the consumption of the subsidized good to rise.
Answer:
An excise subsidy has only a substitution effect since the subsidy artificially lowers the price of the subsidized good causing the consumer to increase consumption of the good, but no income effect.
Explanation:
The above is true due to the fact that the consumption of goods increases. This could have been reduced had it been that, there was never any excise subsidy on those goods.
How can you leverage your strength in the workplace? How can you strengthen your weakness? Not real good on business please helpp!!!!
Answer:
in a workplace it is about teamwork to accomplish a common goal if you are good at something it makes you an asset to the company you help coworkers in that area if you have a weakness you work with coworkers to educate yourself in that area so that in the future you can do better
(b1) Waterways is thinking of mass-producing one of its special-order sprinklers. To do so would increase variable costs for all sprinklers by an average of $0.70 per unit. The company also estimates that this change could increase the overall number of sprinklers sold by 10%, and the average sales price would increase $0.20 per unit. Waterways currently sells 491,740 sprinkler units at an average selling price of $26.50. The manufacturing costs are $6,863,512 variable and $2,050,140 fixed. Selling and administrative costs are $2,651,657 variable and $794,950 fixed. If Waterways begins mass-producing its special-order sprinklers, how would this affect the company
Answer:
operating income will increase by $81,137.10 or 12.09%
Explanation:
we must first determine the old contribution margin of the sprinklers:
total variable costs = $6,863,512 + $2,651,657 = $9,515,169
total units sold = 491,740
variable cost per unit = $9,515,169 / 491,740 = $19.35
selling price per unit = $26.50
old contribution margin = $26.50 - $19.35 = $7.15
the new contribution margin per unit:
selling price = $26.70
variable cost per unit = $20.05
new contribution margin = $6.65
increase in units sold = 491,740 x 10% = 49,174 units
the impact of new product:
before, the company's total contribution margin was 491,740 x $7.15 = $3,515,941
operating income = $3,515,941 - $2,050,140 - $794,950 = $670,851
the new total contribution margin = 540,914 x $6.65 = $3,597,078.10
new operating income = $3,597,078.10 - $2,050,140 - $794,950 = $751,988.10
change in operating income = $751,988.10 - $670,851 = $81,137.10 or 12.09% increase
Razor Inc. manufactures industrial components. One of its products used as a subcomponent in auto manufacturing is Fluoro2211. The selling price and cost per unit data for 9,000 units of Fluoro2211 are as follows. Per Unit Data Selling Price $150 Direct Materials 20 Direct Labor 15 Variable Manufacturing Overhead 12 Fixed Manufacturing Overhead 30 Variable Selling 3 Fixed Selling and Administrative 10 Total Costs 90 Operating Margin $60 During the next year, sales of Fluoro2211 are expected to be 10,000 units. All costs will remain the same except for fixed manufacturing overhead, which will increase by 20%, and material, which will increase by 10%. The selling price per unit for next year will be $160. Based on these data, Razor Inc.'s total contribution margin for next year will be: Group of answer choices $882,000. $980,000. $972,000. $1,080,000.
Answer:
d. $1,080,000
Explanation:
Contribution per unit = Selling price per unit - Variable cost per unit
Contribution per unit = Selling price per unit - ( Direct Materials + Direct Labor + Variable Manufacturing Overhead + Variable Selling )
Contribution per unit = $160 - ($22 + $15+ $12 + $3)
Contribution per unit = $160 - $52
Contribution per unit = $108 per unit
Contribution margin for the next year = $108 per unit * 10,000
Contribution margin for the next year = $1,080,000
where in the book do you find calcualtions for Dennis is a self-employed hair stylist who operates a salon in his home. The property taxes and interest allocated to the business amount to $5,000, maintenance and utilities allocated to the business total $2,100, and depreciation allocated to the business use of the home equals $3,100 for the 2020 tax year. a. If Dennis' gross revenue after deducting supplies for his business is $5,900 for the current tax year, calculate his allowable deductions for the home office. b. If Dennis' gross revenue after deducting supplies for his business is $13,800, calculate his allowable deductions for the home office.
Answer:
Explanation:
a. . If Dennis' gross revenue after deducting supplies for his business is $5,900 for the current tax year, calculate his allowable deductions for the home office.
The allowable deductions for the home office will be $5900. It should be noted that of the $5900, $5,000 will be for taxes and interest while the remaining $900 will be for maintenance and utilities.
b. Dennis' gross revenue after deducting supplies for his business is $13,800, calculate his allowable deductions for the home office.
Allowable deductions will be:
= $5,000 + $2,100 + $3,100
= $10,200
For productivity to increase 1. the total production or output has to increase. 2. the total number of hours worked has to increase 3. the value of the production per hour worked has to increase.
Answer:
. the value of the production per hour worked has to increase.
Explanation:
Productivity is a measure of output generated from per unit of input. It is a measure of the efficiency of a machine, worker, system, or factory in converting inputs to desired outputs. Productivity is calculated by dividing the average output per period by the incurred input (labor, time, capital, material, energy).
For productivity to increase, the value of production per hour has to increase. The output per hour has to increase compared to the input used.
The following selected transactions were completed by Coat Delivery Service durning July: 1. Received cash in exchange for common stock, $35,00. 2. Purchased supplies for cash, $1,100. 3. Paid rent for October, $4,500. 4. Paid advertising expense. $900. 5. Received cash for providing delivery services, $33,000. 6. Billed customers for delivery services on account, $58,000. 7. Paid creditors on account, $2,900. 8. Received cash for customers on account, $27,500. 9. Determined that the cost of supplies on hand was $300 and $8,600 of supplies had been used during the month. 10. Paid cash dividends, $2500. Indicate the effect of each transaction on the accounting equation by listing the numbers identifying the transactions, (1) through (10), in column, and inserting at the right of each number the appropriate letter form the following list: a. Increase in the asset, decrease in another asset. b. Increase in and asset, increase in a liability. c. Increase in an asset, increase in stockholders' equity. d. Decrease in an asset, decrease in a liability. e. Decrease in an asset, decrease in stockholders' equity.
Answer:
1. Received cash in exchange for common stock, $35,00.
Transaction Effect: Receipt of cash will increase in asset, delivery service will increase in stockholder equity
Correct Option: c
2. Purchased supplies for cash, $1,100.
Transaction Effect: Supplies will increase in asset, cash will decrease in the asset
Correct Option: a
3. Paid rent for October, $4,500.
Transaction Effect: Paid cash will decrease in asset and rent expenses will decrease stockholder equity
Correct Option: e
4. Paid advertising expense. $900.
Transaction Effect: Rent paid will Decrease in an asset, decrease in stockholders' equity
Correct Option: e
5. Received cash for providing delivery services, $33,000.
Transaction Effect: Receipt of cash will increase in asset, delivery service will increase in stockholder equity
Correct Option: c
6. Billed customers for delivery services on account, $58,000.
Transaction Effect: Billing customers will Increase in an asset, increase in stockholders' equity
Correct Option: c
7. Paid creditors on account, $2,900.
Transaction Effect: Creditors payment will Decrease in an asset, decrease in a liability
Correct Option: d
8. Received cash for customers on account, $27,500.
Transaction Effect: Received payment from customers will Increase in an asset, decrease in another asset
Correct Option: a
9. Determined that the cost of supplies on hand was $300 and $8,600 of supplies had been used during the month.
Transaction Effect: Supplies expense will Decrease in an asset, decrease in stockholders' equity
Correct Option: a
10. Paid cash dividends, $2500.
Transaction Effect: Cash payment will decrease in asset, dividend will decrease in stockholders equity
Correct Option: e
Fuzzy Button Clothing Company reported sales of $820,000 at the end of last year; but this year, sales are expected to grow by 10%. Fuzzy Button expects to maintain its current profit margin of 23% and dividend payout ratio of 10%. The firm’s total assets equaled $500,000 and were operated at full capacity. Fuzzy Button’s balance sheet shows the following current liabilities: accounts payable of $65,000, notes payable of $25,000, and accrued liabilities of $60,000. Based on the AFN (Additional Funds Needed) equation, what is the firm’s AFN for the coming year? -$149,214 -$164,135 -$186,518 -$134,293
Answer:
-$149,214
Explanation:
EFN = (A/S) x (Δ Sales) - (L/S) x (Δ Sales) - (PM x FS x (1-d))
A/S = assets / sales = 500,000 / 820,000 = 0.60976
ΔSales = $820,00 x 10% = $82,000
L/S = liabilities / sales = 125,000 / 820,000 = 0.15244
PM = profit margin = 23%
FS = forecasted sales = $902,000
1 - d = 1 - 10% = 0.9
EFN = (0.60976 x $82,000) - (0.15244 x $82,000) - ($902,000 x 0.23 x 0.9) = $ 50,000 - $12,500 - $186,714 = -$149,214
On June 30, 2021, the Esquire Company sold some merchandise to a customer for $30,000. In payment, Esquire agreed to accept a 6% note requiring the payment of interest and principal on March 31, 2022. The 6% rate is appropriate in this situation. Required: 1. Prepare journal entries to record the sale of merchandise (omit any entry that might be required for the cost of the goods sold), the December 31, 2021 interest accrual, and the March 31, 2022 collection. (Do not round intermediate calculations.) 2. If the December 31 adjusting entry for the interest accrual is not prepared, by how much will income before income taxes be over-or understated in 2021 and 2022
Answer: Check attachment
Explanation:
On 31st December 2021:
Interest accrued on 6% note was calculated as:
= $30,000 × 6% × 6/12
= $30,000 × 0.06 × 0.5
= $900
On 31st March, 2022:
Interest income was calculated as:
= $30000 × 6% × 3/12
= $30000 × 0.06 × 0.25
= $450
Check attachment for further information
Real estate construction is a volatile process determined by the interaction of the user, developer and capital markets. What factors affect the volatility of real estate construction and commercial and residential real estate development
Answer:
Real estate market is a unique business in a sense that each product is different and each product has a different value, e.g. two houses with identical blueprints are different due to location and by how well they have taken care off. Another aspect that makes real estate so special is that generally it represents its owners largest asset. Unless you are very wealthy, your house is usually your most valuable possession.
Real estate markets are very volatile. They might be increasing at a rapid pace and then suddenly everything collapses. Remember the great recession back in 2007? Any change in capital markets affects directly the real estate market, even though they are not directly related. E.g. interest rates increase, real estate suffers.
Since construction costs include many items that are not interchangeable, they are highly volatile. They include thousands of different parts that are not necessarily standardized or are not purchased in bulk. E.g. cars also contain thousands of parts, but each car has the same parts (parts are interchangeable). You cannot take a house's wall and place it another house, but you can take a car's wheel and use it in another car.
Which financial tool is most important when planning for your future financial goals?
A.Enrolling in a checking account
B.Creating a budget
C.Mortgaging a house
D.Taking on extra debt
Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explanations of the transaction. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
1.Stockholders invest $40,000 in cash in starting a real estate office operating as a corporation.
2.Purchased $500 of supplies on credit.
3.Purchased equipment for $25,000, paying $3,500 in cash and signed a 30-day, $21,500, note payable.
4.Real estate commissions billed to clients amount to $4,000.
5.Paid $700 in cash for the current month's rent.
6.Paid $250 cash on account for office supplies purchased in transaction 2.
7.Received a bill for $800 for advertising for the current month.
8.Paid $2,500 cash for office salaries.
9.Paid $1,200 cash dividends to stockholders.
10.Received a check for $2,000 from a client in payment on account for commissions billed in transaction 4.
Answer:
Date Account titles and explanation Debit Credit
1. Cash $40,000
Common stock $40,000
(To record cash invested)
2. Supplies $500
Accounts payable $500
(To record supplies purchased on credit)
3. Equipment $25,000
Cash $3,500
Notes payable $21,500
(To record equipment purchased)
4. Accounts receivable $4,000
Service revenue $4,000
(To record real estate commissions billed to clients)
5. Rent expense $700
Cash $700
(To record rent expense)
6. Accounts payable $250
Cash $250
(To record cash paid for office supplies purchased)
7. Advertising expense $800
Cash $800
(To record advertising expense paid)
8. Salaries expense $2,500
Cash $2,500
(To record office salaries paid)
9. Cash dividends $1,200
Cash $1,200
(To record cash dividends paid)
10. Cash $2,000
Accounts receivable $2,000
(To record check received from a client)
The following cost data relate to the manufacturing activities of Chang Company during the just completed year:
Manufacturing overhead costs incurred:
Indirect materials . $15,000
Indirect labor . 130,000
Property taxes, factory .8,000
Utilities, factory .70,000
Depreciation, factory .240,000
Insurance, factory .10,000
Total actual manufacturing overhead costs incurred $473,000
Other costs incurred:
Purchases of raw materials (both direct and indirect) - $400,000
Direct labor costs - $60,000
Inventories:
Raw materials, beginning - $20,000
Raw materials, ending - $30,000
Work in process, beginning - $40,000
Work in process, ending - $70,000
Manufacturing Overhead
Actual Overhead Applied Overhead
$473,000 $485,000
$12,000 was overapplied
HELP WITH THIS:
Prepare a schedule of cost of goods manufactured for the year.
Answer:
cost of goods manufactured= $890,000
Explanation:
Giving the following information:
Applied Overhead= $485,000
Other costs incurred:
Purchases of raw materials (both direct and indirect) - $400,000
Direct labor costs - $60,000
Inventories:
Raw materials, beginning - $20,000
Raw materials, ending - $30,000
Work in process, beginning - $40,000
Work in process, ending - $70,000
To calculate the cost of goods manufactured, we need to use the following formula:
cost of goods manufactured= beginning WIP + direct materials used + direct labor + allocated manufacturing overhead - Ending WIP
Direct material used= beginning inventory + purchases - ending inventory
Direct material used= 20,000 + (400,000 - 15,000) - 30,000
Direct material used= 375,000
I deduct the indirect material included in manufacturing overhead.
cost of goods manufactured= 40,000 + 375,000 + 60,000 + 485,000 - 70,000
cost of goods manufactured= $890,000
Paul is the HR manager at FloGlow Inc., which is preparing for the launch of a new product line. The company needs to know how many new customer service representatives to add to help customers with questions and concerns about the existing and new products. To guide the company, Paul needs information about the number of employees currently providing customer service, the number likely to be in those jobs next year, and the number expected to move to other positions in the organization. The information will be easier to organize and interpret if Paul uses a(n)
Answer:
transitional matrix.
Explanation:
transitional matrix allows to have
probabilities with more than one states moving from one to another. With transitional matrix, prediction can be made as well as the followed trend of events.it can be regarded as stochastic matrix.
In the case whereby Paul, needs information about the number of employees currently providing customer service, the number likely to be in those jobs next year, and the number expected to move to other positions in the organization, it will be easier to organize and interpret all these information if Paul uses transitional matrix because there are different states of information here, and he needs to move from one to the other.
explain partner by estoppel ...and please follow me ???
Answer:
Partnership by estoppel means that a person who is not technically a partner can be held liable as a general partner would be for any debts and damages owed to a third party.
Given that the price per microprocessor in the above function equals $5.60 and that the software component consists of 1,200 lines-of-code at $120/line-of-code, determine the difference in cost-per-unit (unit is all the hardware and software required to implement the function) to support each of the three forms of fault tolerance. Note that if multiple microprocessors are used, they still may use the same software. Furthermore, assume that the company is planning to sell 100,000 units.
Answer and Explanation:
Please find attached answer and explanation
Sandhill Company owns 31000 of the 50000 outstanding shares of Taylor, Inc. common stock. During 2021, Taylor earns $1360000 and pays cash dividends of $1080000. If the beginning balance in the investment account was $830000, the balance at December 31, 2021 should be
Answer: $2,312,800
Explanation:
From the information given in the question, we can see that Sandhill Company owns 31000 out of 50000 outstanding shares so the equity method can be used.
To calculate the balance at December 31, 2021 goes thus:
= $800,000 + ($1,360,000 × 31000/50000) - ($1,080,000 × 31000/50000)
= $800,000 + ($1,360,000 × 0.62) + ($1,080,000 × 0.62)
= $800,000 + $843,200 + $669,600
= $2,312,800
Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on May 31, its Cash account shows a debit balance of $25,525. Clayborn's May bank statement shows $22,600 on deposit in the bank. Determine the adjusted cash balance using the following information: Deposit in transit $ 7,750 Outstanding checks $ 6,300 Bank service fees, not yet recorded by company $ 110 A NSF check from a customer, not yet recorded by the company $ 1,365 The adjusted cash balance should be:
Answer:
$24,050
Explanation:
Calculation for the adjusted cash balance
Using this formula
Adjusted cash balance= Bank balance + Deposits in transit - Outstanding check
Let plug in the formula
Adjusted cash balance= $22,600 + $7,750 - $6,300
Adjusted cash balance= $24,050
Therefore the adjusted cash balance should be $24,050
The founder of Alchemy Products Inc. discovered a way to turn gold into lead and patented this new technology. He then formed a corporation and invested $100,000 in setting up a production plant. He believes that he could sell his patent for $24 million. a. What is the book value of the firm? (Enter your answer in dollars not in millions.) b. What is the market value of the firm? (Enter your answer in dollars not in millions.) c. If there are two million shares of stock in the new corporation, what would be the price per share? (Round your answer to 2 decimal places.) d. What would be the book value per share? (Round your answer to 2 decimal places.)
Answer:
(A) $100,000
(B) $24,100,000
(C) $12.05 per share
(D) $0.05 per share
Explanation:
The founder of Alchemy product incorporation found out how to turn gold into lead
He formed a corporation and invested $100,000 in setting up a production plant
He believes that he can sell his patent for $24,000,000
(A) The book value of the firm is $100,000
(B) The market value of the firm is $100,000 + 24,000,000
= $24,100,000
(C) The price per share is
= 24,100,000/2,000,000
= $12.05 per share
(D) The book value per share is
= 100,000/2,000,000
= $0.05 per share
A major purpose of a cost accounting system is to _____
Answer:
Explanation:
The main objective of cost accounting are ascertainment of cost, fixation of selling price, proper recording and presentation of cost data to management for measuring efficiency and for cost control and cost reduction, ascertaining the profit of each activity, assisting management in decision making process.
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Consider a budget line drawn with avocados on the vertical axis and tangerines on the horizontal axis. The consumer's income is $100, the price of avocados is $5, and the price of tangerines is $10. Suppose the consumer's income falls to $75.00, but the prices stay the same. The change in income produces a: Group of answer choices parallel shift inward of the indifference curves. new budget line which is steeper than the original one. parallel shift inward of the budget line. new budget line which is flatter than the original one.
Answer:
new budget line which is steeper than the original one.
Explanation:
I drew the both budget lines in order to show the effect of the decrease in income.
The new budget line shifts inward and it is slightly more steep than the original budget line because the consumer can only purchase 7 tangerines, he cannot purchase 7.5. This slight difference makes the slope steeper. The total possible quantity of avocados diminished by 25%, while the total possible quantity of tangerines diminished by 30%.