Answers
No this does not violate the expenditure = output identity.
Related Questions
LLG, Inc., which is a division of EPG, Inc., had sales of $3,000,000, total assets of $1,000,000, and net income of $250,000. Senior management of EPG, Inc. has set a target minimum rate of return for LLG, Inc. of 16%. Calculate LLG's residual income. Select one: A. $90,000 B. $160,000 C. $230,000 D. None of the answers are correct
Answers
Answer:
I think 250,000
Explanation:
I hope this is good answers
In preparing its May 31, 2020 bank reconciliation, Sheridan Company has the following information available: Balance per bank statement, 5/31/20 $39000 Deposit in transit, 5/31/20 6000 Outstanding checks, 5/31/20 5200 Note collected by bank in May 1290 The correct balance of cash at May 31, 2020 is:_____________
Answers
Answer:
$39,800
Explanation:
To determine the correct cash balance, a Bank Reconciliation Statement must be prepared.
This account for items that are in the cash book not yet in the bank statement. We should also consider this when preparing it as below.
Bank Reconciliation Statement
Balance as per Bank Statement $39,000
Add Lodgments not yet credited $6,000
Less Unpresented Checks ($ 5,200)
Balance as per Cash Book $39,800
Thus, the correct balance of cash at May 31, 2020 is $39,800.
The Probability that no customers are in the system
Answers
Answer:most percent
Explanation:took quiz
Ebrima Kanteh works as a supervisor for an engineering company in Riyadh, Saudi Arabia. In the UK he had a reputation for speaking his mind and by doing so getting the best out of his staff. At the current project in Riyadh he supervises 12 British staff and nearly 50 Saudi staff. After a few months Ebrima has become increasingly frustrated by what he sees a less than effective Saudi team. Their lack of competence and slow work pace is worrying George. What should he do to try and bring the Saudi staff back into line?
Answers
Answer:
He should try to analyze and understand how Saudi workers view the role of a leader and teamwork. Cultural differences between Saudi Arabia and the UK are huge, the only similarity is that both are monarchies, but British monarchy stepped aside and doesn't rule anymore. While Saudi monarchy rules with an iron fist.
Some behavior or actions that are considered completely out of place or might even be illegal in the UK are totally normal in Saudi Arabia, and vice versa. I met someone that used to work in the middle east and he remembers that subordinates have a great respect for their leaders and do not question anything. But at the same time, normal motivation techniques didn't work with them. I remember he told me that in order to be able to make his team work he had to be rude with them and basically order them what to do and make sure they did it. This behavior would be unacceptable in western countries, bosses do not yell at employees all the time, but it worked for him there.
It wasn't the same country, but in order to work properly he had to overcome several cultural barriers and adopt several local customs. By the way, his subordinates were happy with him. No one ever confronted him and told him not to yell at people, since that is normal for them.
Ebrima will need to treat his British subordinates one way, and his Saudi subordinates another way. He should also talk to his fellow British employees and explain them why he is acting that way. If he doesn't, some of them might think he is abusing his authority. When my friend told about his experience I also thought he had become a really bad boss, but them he explained things to me in greater detail.
Even if behavioral biases do not affect equilibrium asset prices, why might it still be important for investors to be aware of them
Answers
Answer:
Behavioral biases might not affect equilibrium asset prices in the sense that behavioral biases might contribute to the success of technical trading rules as prices gradually adjust towards their intrinsic values and the actions of arbitrageurs might move security prices towards their intrinsic values.
But it is very essential for investors to be aware of thebiases because either of the above scenarios might create the potential for excess profits even if behavioral biases do not affect equilibrium prices and an investor should be aware of his personal behavioral biases, even though the biases do not affect equilibrium prices, so as to avoid some of these information processing error.
Explanation:
Biases are said to be simply as overconfidence, confirmation bias, illusion of control. Example also is the Behavioral biases
On October 1, 2020, Mertag Company (a U.S.-based company) receives an order from a customer in Poland to deliver goods on January 31, 2021, for a price of 1,000,000 Polish zlotys (PLN). Mertag enters into a forward contract on October 1, 2020, to sell PLN 1,000,000 in four months (on January 31, 2021). U.S. dollar–Polish zloty exchange rates are as follows:
Date Spot Rate Forward Rate
(to January 31, 2021)
October 1, 2020 $ 0.25 $ 0.29
December 31, 2020 0.28 0.31
January 31, 2021 0.30 N/A
Mertag designates the forward contract as a fair value hedge of a foreign currency firm commitment. The fair value of the firm commitment is measured by referring to changes in the forward rate, and, therefore, forward points are included in assessing hedge effectiveness. Mertag must close its books and prepare financial statements on December 31. Discounting to present value can be ignored.
Prepare journal entries for the foreign currency forward contract, foreign currency firm commitment, and export sale.
Determine the net benefit, if any, realized by Mertag from entering into the forward contract.
Answers
Answer: JANUARYYYYYYYYYYYYYYYYYYY
Explanation:
Mertag enters into a forward contract on October 1, 2020, to sell PLN 1,000,000 in four months SO IT WILL BE JANUARYYYY
MARK ME AS BRAINLEST PLEASEEEEE
"is expected to grow at a constant rate of 5.00 percent. If the company’s next dividend, which will be paid in a year, is $1.68 and its current stock price is $22.35, what is the required rate of return on this stock?
Answers
Answer:
r = 0.12516 or 12.516% rounded off to 12.52%
Explanation:
Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D1 / (r - g)
Where,
D1 is dividend expected for the next period /year g is the growth rate r is the required rate of return or cost of equity
Plugging in the values for P0, D1 and g in the formula, we can calculate the r to be,
22.35 = 1.68 / (r - 0.05)
22.35 * (r - 0.05) = 1.68
22.35r - 1.1175 = 1.68
22.35r = 1.68 + 1.1175
r = 2.7975 / 22.35
r = 0.12516 or 12.516% rounded off to 12.52%
How is owner’s equity affected when services are sold on account?
Answers
Answer:
Effect on owner’s equity affected when services are sold on account is:
Owner's equity increase (except when credit risk is incurred).
Explanation:
No matter the mode of sales, the owner's equity increases when services are sold. This implies that whether services are sold on account or for cash, the owner's equity will increase through the Retained Earnings. However, when credit loss arises from credit defaults, then the owner's equity will reduce. This is why a business must review the credit-worthiness of its customers before granting credit terms. Credit defaults are common in business and remain part of the business risk.
Question 3 of 10
Which of the following entrepreneurial businesses is most likely to have a
global impact?
A. A restaurant that specializes in regional cuisine
B. A business that sells
low cost clothing
that is manufactured
overseas
C. An agency that sends home health aids to the homes of disabled
seniors
D. A business that grows and sells local artisanal breads and
cheeses
Answers
Answer: B. a business that sells low cost clothing that is manufactured overseas.
Explanation: just took the quiz
A business that sells low cost clothing that is manufactured overseas is the entrepreneurial businesses is most likely to have a global impact. Hence, option B is correct.
What is the low cost in business?A method of pricing whereby a company offers a product at a fairly low price to boost demand and gain market share. By reducing their pricing to be less expensive than those of the rivals in an effort to get more customers and market share.
The low margins will then be compensated for by higher sales volumes. They are able to make more money by keeping their product pricing the same as those of their competitors while having a reduced cost structure.
Because low-cost suppliers are able to offer lower production costs and more efficiency, manufacturing volumes can be significantly boosted.
Thus, option B is correct.
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Why is questioning such an important leadership skill?
A. Questioning shows the leader's interest in the people and in the project.
B. Questioning uncovers many mistakes and errors.
C. Questioning is a good way for the leader to stay in command.
D. Questioning is easier than facilitating meetings.
I know it’s not B I got it wrong.
Answers
Answer:
A. Questioning shows the leader's interest in the people and in the project.
Explanation:
Questioning shows the leader's interest in the people and in the project is an important leadership skill.
What are leadership skills ?The qualities and talents that people possess that enable them to manage operations, direct initiatives, and direct their teams toward the accomplishment of objectives are known as leadership capabilities.
In order for CEOs to effectively allocate resources to fulfill the mission and goals of their firm and make meaningful decisions regarding those decisions, they must possess strong leadership qualities. The capacity for delegation, inspiration, and good communication are all important leadership traits. Honesty, assurance, dedication, and innovation are further qualities of a leader.
People follow an effective leader. An effective leader may assist team members in achieving their professional objectives by providing them with knowledge, resources, training, and opportunities for growth. The trust of a team's members can be gained by a leader through empathy and concern.
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All else equal, country A has a higher money supply growth rate and a long-run Phillips curve that is farther to the left than country B's. In the long run as compared to country B, country A will have:________
a. lower unemployment and lower inflation.
b. higher unemployment and lower inflation.
c. lower unemployment and higher inflation.
d. higher unemployment and higher inflation.
Answers
Answer:
c. lower unemployment and higher inflation.
Explanation:
Since Country A's LRPC lies to the left of Country B's LRPC, it implies that its natural rate of unemployment is less than that of Country B's. Also Country A's money supply growth rate is higher. This suggests that Country A will have a higher inflation and a lower unemployment rate. Attach below is the graph illustration.
The information below is provided for Sea Company:_________. Year Ending Inventory End- of-Year Prices Cost Index 2017 $ 90,000 100 2018 97,650 105 2019 103,550 109 2020 $109,760 112 Required: Compute Sea Company's 2019 ending inventory using dollar-value LIFO.
Answers
Answer:
the Sea Company's 2019 ending inventory using dollar-value LIFO is $95,000
Explanation:
The computation of the Sea Company's 2019 ending inventory using dollar-value LIFO is sown below:
= Ending inventory for 2019 ÷ change in prices
= $103,550 ÷ 1.09
= $95,000
hence, the Sea Company's 2019 ending inventory using dollar-value LIFO is $95,000
We simply applied the above formula so that the correct value could come
And, the same is to be considered
The 1.09 come from
= $109 ÷100
Whispering has the following inventory data:
July 1 Beginning inventory 28 units at $5.50
5 Purchases 110 units at $6.10
14 Sale 74 units
21 Purchases 55 units at $6.60
30 Sale 52 units
Assuming that a perpetual inventory system is used, what is the cost of goods sold on a LIFO basis for July?
Answers
Answer: $794.60
Explanation:
Using LIFO means that the later acquired goods are sold off first. On July 14 therefore, the 74 units were sold from the units purchased on the 5th.
Cost of goods will be;
= 74 * 6.10
= $451.40
On the 30th they sold 52 more units. These would have been sold from the 21 July purchase.
= 52 * 6.6
= $343.20
Total Cost of goods = 451.40 + 343.20
= $794.60
if a bank has total reserves of $100 000 and $1 million in deposits how much money can it lend if the required reserve ration is
Answers
Answer and Explanation:
The amount of money in each case is shown below:
a. When the reserve ratio is 5%
Required reserve is
= $1,000,000 × 5%
= $50,000
Now the excess reserves is
= $100,000 - 50,000
= $50,000
b. When the reserve ratio is 10%
Required reserve is
= $1,000,000 × 10%
= $100,000
Now the excess reserves is
= $100,000 - $100,000
= $0
A $1,000 par value bond pays interest of $35 each quarter and will mature in 10 years. If an investor's simple annual required rate of return is 12 percent with quarterly compounding, how much should the investor be willing to pay for this bond? (Round the answer to two decimal places.)
a) $1,115.57
b) $825.49
c) $941.36
d) $1,391.00
Answers
Answer:
Bond Price= $1,115.58
Explanation:
Giving the following information:
Par value= $1,000
Cupon= $35
Time= 10*4= 40 quarters
Rate= 0.12/4= 0.03
To calculate the price of the bond, we need to use the following formula:
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 35*{[1 - (1.03^-40)] / 0.03} + [1,000/(1.03^40)[
Bond Price= 809.02 + 306.56
Bond Price= $1,115.58
A cash budget:______.A. Would be as useful to a business which makes sales only on a credit basis, as it is to a business making sales for cash. B. Should include labor, material, and overhead variances. C. Should ignore any projected balances of a negative amount of cash. D. Should not include payments for noncontrollable elements of factory overhead.
Answers
Answer:
A. Would be as useful to a business which makes sales only on a credit basis, as it is to a business making sales for cash.
Explanation:
A cash budget shows the cash flow for a business over a certain time period in which the budget determines if the business has enough cash to operate.
Typically banks rely on other banks to lend reserves to one another. Which interest rate do they charge for these loans
Answers
Answer:
Federal funds rate
Explanation:
federal funds rate is simply known as the interest rate at which depository financial institutions borrows(lends) funds maintained at the federal reserve to other depository financial institutions usually or Maybe overnight.
It is simply the interest rate that one bank charges another for borrowing money overnight. Its importance is to help banks meet their reserve requirements and prevent bank failure and also may be use to stimulate the economy.
Adam Smith's economic philosophy would support which of the following international trade policies. A. Protectionism B. Free Trade C. High Tariffs D. None of the Above
Answers
Answer:
B. Free trade
Explanation:
Adam smiths economic policy advocated for free trade. In his argument, if everyone is given the freedom and go ahead to produce goods and also exchange them as they want, and if market is open to competition domestically and internationally, then there would be greater prosperity compared to when the market is under strict rules of the government.
He is the father of Laissez faire economics. Laissez faire means to leave alone.
what are the 4 SOURCES of STRESS an entrepreneur may encounter and 3 ways they can DEAL WITH THIS STRESS.
Answers
Explanation:
An entrepreneur can have many challenges especially at the beginning of his journey when opening a new business. One of the main challenges is leading with stress, which can occur for several reasons.
The four main sources of stress in entrepreneurs are: loneliness, the need to anchor results, people and immersion in business people.
Each of these variables can arise from the fact that an entrepreneur can feel overwhelmed and pressured to make the business work, as there is always a capital invested in the business and a positive return on this money is expected to start something new. .
There is also the fact that the entrepreneur can spend a lot of time immersed in business, since he is the main interested in his business, which can cause loneliness and generate more stress. There is also the risk of establishing partnerships and societies with people and conflicts arising due to incompatibility of ideas, anti-ethical actions, etc.
To deal with stress, the entrepreneur must: delegate tasks, be aware of the signs that the body emits from fatigue and stress and balance time for work and social life. Because although the entrepreneur knows that he needs to work and work hard for his business to succeed, it is necessary to manage stress so that it does not hinder his performance, his creativity and capacity for innovation, it is necessary to recognize that we do not have to give at the same time, it is necessary to pay attention to mental health so that work can flow effectively.
The Fed is the most independent of all U.S. government agencies. What is the main difference between it and the other government agencies that explains the Fed’s greater independence?
Answers
Answer:
The Fed is more independent because of its substantial revenue from securities and discount loans. Independence allows it to control its own budget.
Explanation:
This has always been one unique privilege the Fed (or The Federal Reserve System) has. The Federal Reserve System is the central bank of the United States, and so it regulates and controls the financial activities of the country.
Unlike other agencies that often require/depend on the nation's official budget before they can fully function, the Fed has the ability not only to control its own budget but to create money for nationwide circulation to other agencies.
Jenny owns a book company. It costs $10.00 to produce a new book and the company wants a 30% profit, so he charges $13.00 for the book. Jeff is using what type of pricing approach?
a. demand backward pricing
b. cost-plus pricing
c. forward pricing
d. odd-even pricing
e. prestige pricing
Answers
Answer:
B. Cost-plus pricing.
Explanation:
This is explained to be a cost based pattern or unique strategy which is seen to ensure that costs are been covered in the sense that all pricing variables are seen to add some particular percentage to mark its price. It is seen in most cases is obviously seen to cover all cost of what exactly it is a customer is seen to have loved or valued in the said product.
Certain scenarios has shown that optimization is rare in the discussed topic' way to calculate a price, it shouldn't be your only way of finding price.
g An equity issue sold to the firm's existing stockholders is called a Group of answer choices private placement Rights offer general cash offer discriminatory-price auction
Answers
Answer:
rights offer.
Explanation:
.
rights offer in equity can be regarded as invitation given to shareholders that are still existing in the firm so that they can purchase new shares, which is additional shares in the firm at a specific price which is usually at a particular time usually like 16 to 30 days. It should be noted that An equity issue sold to the firm's existing stockholders is called a rights offer
Concord Corporation produces 5000 units of part A12E. The following costs were incurred for that level of production: Direct materials $60000 Direct labor 165000 Variable overhead 80000 Fixed overhead 175000 If Concord buys the part from an outside supplier, $25000 of the fixed overhead is avoidable. If the outside supplier offers a unit price of $68, net income will increase (decrease) by:______.a. $15,000.b. $85,000.c. $130,000.d. $35,000.
Answers
Answer:
b. $85,000
Explanation:
First, we should prepare the analysis of cost savings if the company buys outside.
Analysis of cost and savings
Purchase (5,000 units × $68) = ($340,000)
Savings
Variable cost = $80,000
Fixed cost = $175,000
Net income effect
($85,000)
The effect is a decrease in net income by $85,000.
In the dominant firm model of oligopoly, the dominant firm maximizes profits by producing at the point where:_____________.
Answers
Answer:
The marginal revenue is equal to its marginal cost
Explanation:
In the case of the model of a dominant firm with respect to the oligopoly, the firm i.e. dominant could maximize its profits by generating at the point where the marginal revenue is equivalent to the marginal cost
i.e.
Marginal revenue = Marginal cost
At this point, the firm could maximized its profits
Hence, the same is to be considered
8. Match the symptoms of older engines with the extra benefit of high-mileage olls: Engine seals become brittle,
shrink causing leaks.
A) Extra anti-wear additives to reduce friction
B) Contain special seal conditioners to help leaks
C) O Extra detergents to reduce deposits
Answers
Answer:
Engine seals become brittle, shrink causing leaks - CONTAIN SPECIAL SEAL CONDITIONERS TO HELP LEAKS.
More rapid rate of Engine wear - EXTRA ANTI-WEAR ADDITIVE TO REDUCE FRICTION.
Increased blow-by gases and deposit formation - EXTRA DETERGENTS TO REDUCE DEPOSITS.
Rodriguez Company pays $342,225 for real estate with land, land improvements, and a building. Land is appraised at $260,000; land improvements are appraised at $104,000; and a building is appraised at $156,000. Required: 1. Allocate the total cost among the three assets. 2. Prepare the journal entry to record the purchase.
Answers
Answer and Explanation:
a. The allocation of the total cost among the three assets is shown below:
(a) (b) (a × b)
Appraise value Total appraised Total cost of Apportioned
value cost
Percentage acquisition
Land $260,000 50% $342,225 $171,112.50
Land
improvemnts $104,000 20% $342,225 $68,445
Building $156,000 30% $342,225 $102,667.50
Total $520,000
b. The journal entry to record the purchase is given below:
Land $171,112.50
Land improvements $68,445
Building $102,667.50
To Cash $342,225
(To record the purchase)
Here the asset is debited as it increased the assets and cash is credited as it decreased the assets
White Company's assets total $780,000 and its owners' equity consists of capital stock of $500,000 and retained earnings of $150,000. Determine the Company's total amount of outstanding liabilities.
Answers
Answer:
$130,000
Explanation:
With regards to the above information, recall that;
Assets = Liabilities + Retained earnings.
Equity consist of Capital stock + Retained earnings
Given that;
Assets = $780,000
Liabilities ?
Capital stock = $500,000
Retained earnings = $150,000
Therefore,
$780,000 = Liabilities + $500,000 + $150,000
Liabilities = $780,000 - $500,000 - $150,000
Liabilities = $130,000
White company's total amount of outstanding liabilities is $130,000
Based on the total assets and the total equity, the outstanding liabilities can be calculated to be $130,000
The accounting equation is:
Assets = Equity + Liabilities
Equity includes both capital stock and retained earnings.
Liabilities here are therefore:
780,000 = (500,000 + 150,000) + Liabilities
Liabilities = 780,000 - 650,000
= $130,000
In conclusion, liabilities are $130,000
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The term that describes what occurs when a manager does what is in his/her best interests and not what is in the best interests of the company as a whole is known AS
Answers
Answer:
Lowballing
Explanation:
Evaluating your results is important because it helps you to ________. a. Prevent future problems from occurring b. Implement your solution more efficiently c. Identify possible causes of the problem d. All of the above Please select the best answer from the choices provided A B C D
Answers
Answer:
its D: all of the above
Explanation:
Evaluating the results is important because it helps us to prevent future problems from occurring, Implement your solution more efficiently, Identify possible causes of the problem or all of the above. Thus option (D) is correct.
What are problems?Problems are situations or conditions that are perceived as undesirable or difficult to overcome, and that require some kind of action or solution in order to be resolved. Problems can arise in various areas of life, such as personal relationships, work, health, finance, or politics.
Identifying and addressing the problems is an important part of problem-solving, decision-making, and critical thinking, and can lead to positive outcomes and personal growth.
The evaluation of the results is important because it helps us in many ways, as I said above. Therefore, option (D) is correct.
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An economist has predicted 2% inflation during the next 10 years. how much will an item that presently sells for 100 cost in 10 years?
Answers
Answer:
With 2% inflation during the next 10 years, an item that presently sells for 100 will cost 102 in 10 years' time.
Explanation:
However, if the predicted inflation rate of 2% happens year on year, then the cost of the item will become 121.90 (100 (1+ 2%)∧10), compounded annually. In itself, inflation is the decline of the purchasing power of a given currency over some period of time. It is a quantitative measure of the rate at which the decrease in the purchasing power of the selected currency occurs, and how this is reflected in the price level of a basket of selected goods and services in that economy over some period of time.