Answer:
Communication Skills
The workplace is busy with many conflicting priorities. When communicating with a coworker face-to-face, be clear and get to the point.
it is important to maintain eye contact.
When communicating with supervisors, it is recommended to be more formal.
A good rule for communicating with anyone in the workplace is to treat others as you want to be treated by them.
When communicating in writing, it is important to be focused, brief, and factually accurate or correct.
Explanation:
Martin Kissey, a busy executive, does not have time for beating about the bush. Therefore, it is important to communicate without wasting his time. Time is very precious for him. And courtesy demands that you do not waste this precious resource.
Oditexo likes to maintain eye to eye contact with the person she is conversing with because she has learned that it delivers a message about being honest. It shows that she is not hiding a skeleton in her cupboard. When you are dishonest, it is very difficult to maintain eye contact. It shows on your face.
Jane's supervisors may be friendly with her. But, Jane should not take it too seriously and allow informal mannerism to seep into communication with her supervisors. She should maintain a formal decorum. There is always time for everything.
I also understand that you want others to respect you and your time, and recognize that you have got your brief to take care of. Show them the same respect and recognition, while communicating within your workplace.
Conciseness is important in all written communications. Deliver the message succinctly without decorating the facts. Others will appreciate you for doing this. Do not allow verbosity to ruin your message.
Answer:
Be clear and get to the point quickly
Be more formal
Treat people as you want to be treated
Factually accurate
Explanation:
Given the following 2023 information for the Pinto Company: Increase in Wages Payable $ 400 Operating Expenses $5,000 Total Cash paid for expenses $4,100 12/31/23 Prepaid Insurance $1,200 Operating Expenses and cash paid for expenses consisted of amounts for insurance and wages only. The 1/1/23 balance of Prepaid Insurance was:
Answer: $1,800
Explanation:
Operating expenses comprise of only insurance and wages.
The total operating expenses were $5,000.
Out of that $5,000, $400 was for an increase in wages, $4,000 was paid off.
The rest is therefore for insurance.
= 5,000 - 400 - 4,000
= $600
If $600 is the insurance payment during the year then on 1/1/23, the balance was the current balance plus the payment;
= 1,200 + 600
= $1,800
A project with an initial investment of $438,500 will generate equal annual cash flows over its 9-year life. The project has a required return of 8 percent. What is the minimum annual cash flow required to accept the project
Answer:
$70 194.95
Explanation:
The computation of the minimal annual cash flow needed for accepting the project is shown below:
As we know that
Present value of annuity = Annuity × [1 - (1 + interest rate)^ - time period] ÷ rate
$438,500 = Annuity × [1 - (1.08)^ - 9] ÷ 0.08
$438,500 = Annuity × 6.246887911
So,
Annuity = $438,500 ÷ 6.246887911
= $70 194.95
feels energized coming to work and loves her office environment. She feels comfortable asking fellow workers for help, and they are more than happy to oblige. The team even has dinners together every Thursday after work. What aspect of the company is Kristin happy with
Answer:
a. Organization culture
Explanation:
Organization culture refers to the working culture in an organization in which the employees behavior, rules, regulations, procedures, policies, plans are applied
Other than this, it also involves incentive schemes, flexible time, cab service, medical insurance, and other perks
Since in the given situation, she feels energized and lover her office environment also they have team dinners on every Thursday after work
So this represents the organization culture
Which one of the following situations is most likely to occur today for a stock that went down in price yesterday?
A) The stock has no predictable price-change pattern.
B) The stock has a 30% chance of decreasing in price.
C) The stock will decrease in price.
D) The stock will increase in price.
Which of the following could describe a point that lies on an input contract curve? a. An allocation of good X and good Y between two firms that makes the firms' isoquant curves tangent in an Edgeworth box b. An allocation of labor (L) and capital (K) between two firms that makes the firms' isocost curves tangent in an Edgeworth box c. An allocation of labor (L) and capital (K) between two firms that makes the firms' isoquant curves tangent in an Edgeworth box d. An allocation of good X and good Y between two firms that makes the firms' isocost curves tangent in an Edgeworth box
Answer:
An allocation of labor (L) and capital (K) between two firms that makes the firms' isoquant curves tangent in an Edgeworth box ( C )
Explanation:
A contract curve is a curve on which the various final allocations of two goods or service between two people are represented and this could be mutually beneficial as well. hence the best description of a point that lies on an input contract curve is An allocation of labor (L) and capital (K) between two firms that makes the firms' isoquant curves tangent in an Edgeworth box
Other things held constant, which of the following alternatives would increase a company's cash flow for the current year?
a. Increase the number of years over which fixed assets are depreciated for tax purposes.
b. Pay down the accounts payables.
c. Reduce the days' sales outstanding (DSO) without affecting sales or operating costs.
d. Pay workers more frequently to decrease the accrued wages balance.
e. Reduce the inventory turnover ratio without affecting sales or operating costs.
Answer:
The answer is C
Explanation:
Cash flow improves if days' sales outstanding is reduced without affecting sales or operating cost. This tells us that the number of days it takes to receive goods sold on credit is reduced. Cash flow will be immensely improved because customers are not defaulting and they are paying as soon as possible. The correct answer is option C.
Option B is wrong because paying payables down will not allow the money paid out to be used for other purposes. The firm is not utilizing the period of payable days.
Option D is wrong because paying workers more frequently reduces cash.
A registered publicly traded issuer has 10,000,000 shares outstanding. If a wealthy investor buys 6,000,000 shares and intends to exercise control:
Answer:
the investor must file a 13D report with the SEC.
Explanation:
Any investor that holds more than 5% of the outstanding stocks of a publicly traded corporation must file a 13D report. The investor is classified as a beneficial owner by the Securities and Exchange Commission (SEC) since their influence and voting power in the corporation are very large. It must be filed within 10 days of the transaction that resulted in more than 5% in the corporation.
Boss Enterprises currently sells its products for per unit. Management is contemplating a % increase in the selling price for the next year. Variable costs are currently % of sales revenue and are not expected to change next year. Fixed expenses are per year. What is the breakeven point in units at the current selling price?
Answer: 5,000 units
Explanation:
Break-even points in units is calculated by;
= Fixed Costs / Contribution Margin per unit
Contribution Margin
= Sales - Variable Costs
= $40 - ( 40 * 40%)
= 40 - 16
= $24 per unit
Breakeven point
= 120,000/24
= 5,000 units
Privatization of the public sector jobs can...
A. actually reduce the percentage of union membership.
B. make the service provider directly responsible to the consumers.
C. make it more difficult to avoid or shorten a strike.
D. All the above are true.
Answer:
A. actually reduces the percentage of union membership.
Explanation:
Remember, the term privatizaton simply refers to a transfer of ownership of public sectors like an energy company owned by the government to private individuals.
We can say this because Public sector jobs are often seen as less profit-oriented, but as welfare focused jobs. Thus, in most economies when privatization occurs, management tends to reduce the percentage of union membership by employing certain tactics.
write a short position paper on what we should do to get all our employees to begave more safely at work
Explanation:
Safety at work is essential for an organization to operate safely. This concept can be translated as a set of actions that companies take to reduce any damage, such as accidents at work and occupational diseases, which put the integrity of the worker at risk.
Therefore, it is necessary that the organizational architecture is well thought out so that there is no risk to the worker while performing his job functions. For this, it is essential that the organization follows the safety regulations provided for in the current legislation, such as the presence of fire extinguishers, clear communication about areas and substances at risk, medical assistance, safety equipment for the worker, provide training on safety at work, constant monitoring of the company's security conditions and effectiveness.
Total quality management is a tool that actively helps to prevent risks inherent in the work environment, encouraging continuous improvement that will improve all organizational processes, to ensure total safety and integrity for the employee.
Which of the following will cause an increase in ROI? An increase in controllable fixed costs. An increase in average operating assets. An increase in sales. An increase in variable costs.
Answer:
3. An increase in sales.
Explanation:
This is true due to the effect it would have on the product in question which would lead to return on the investment. For example, a particular product sells 400pcs each month. In subsequent month, it started selling 900pcs each month. This increase in sales will lead to great return in the investment made by the company regarding to that particular product.
Bailey Hill Co. uses the indirect method to determine its net cash flows from operating activities. During the course of the year, the company's Accounts Receivable increased by $28,000 and its Accounts Payable decreased by $14,000. If these are the only two adjustments required to convert net income to net cash provided by operating activities, the combined effect will be a(n):
Answer: d. subtraction of $42,000.
Explanation:
An increase in Current Assets such as Accounts Receivable is considered to be a cash outflow because it means that more assets were not converted to actual cash.
A decrease in Current Liabilities is a cash outflow as well as it means that the company used cash to pay off these liabilities thereby reducing the cash balance.
Combined Effect is therefore = -28,000 - 14,000
= -$42,000
Which of the following policy actions do the authors propose to offset the negative consequences of rising income inequality? Choose one or more:________. A. modestly lower average tax rates B. modestly higher average tax rates C. a relatively modest boost in the historical growth rate of government redistributive transfers D. a relatively modest drop in the historical growth rate of government redistributive transfers
Answer: B. modestly higher average tax rates.
C. a relatively modest boost in the historical growth rate of government redistributive transfers.
Explanation:
The policy actions that authors propose to offset the negative consequences of rising income inequality are modestly higher average tax rates and the relatively modest boost in the historical growth rate of government redistributive transfers.
Odeletta Corporation is considering an investment of in a land development project. The investment will yield cash inflows of per year for five years. The company uses a discount rate of 9%. What is the net present value of the investment?
Answer: $337,800
Explanation:
Cashflow is constant so is an annuity.
The Present value of the Investment;
= Present Value of Cashflow - Investment cost
= (220,000 * Present value interest factor of an annuity, 5 years, 9% ) - 518,000
= (220,000 * 3.89) - 518,000
= 855,800 - 518,000
= $337,800
An investment project has annual cash inflows of $4,200, $5,300, $6,100, and $7,400, and a discount rate of 14 percent. If the initial cost is $7,000, the discounted payback period for these cash flows is ________ years. If the initial cost is $10,000, the discounted payback period for these cash flows is_______years. If the initial cost is $13,000, the discounted payback period for these cash flows is_______years. (Round your answers to 2 decimal places. (e.g., 32.16))
Answer:
An investment project has annual cash inflows of $4,200, $5,300, $6,100, and $7,400, and a discount rate of 14 percent. If the initial cost is $7,000, the discounted payback period for these cash flows is ___2_____ years. If the initial cost is $10,000, the discounted payback period for these cash flows is___3____years. If the initial cost is $13,000, the discounted payback period for these cash flows is__4_____years. (Round your answers to 2 decimal places. (e.g., 32.16))
Explanation:
a) Data and Calculations:
Annual cash inflows of
Cash Inflow Discount Factor PV Running Total
Year 1 $4,200 0.877 $3,683.40 $3,683.40
Year 2 $5,300 0.769 4,075.70 7,759.10
Year 3 $6,100 0.675 4,117.50 11,876.60
Year 4 $7,400 0.592 4,380.80 16,257.40
b) An investment project's discounted payback period is the number of years it takes for an investment to recover its costs. It is the period when the project's discounted cash inflows equals the project's discounted cash outflows. It is another version of the payback period that uses discounted cash flows.
Assume that Cane’s customers would buy a maximum of 96,000 units of Alpha and 76,000 units of Beta. Also assume that the raw material available for production is limited to 246,000 pounds. How many units of each product should Cane produce to maximize its profits?
Answer:
3,000 units of alpha
76,000 units of beta
Explanation:
the question is incomplete, so I looked for a similar question:
"Cane Company manufactures two products called Alpha and Beta that sell for $215 and $160, respectively. Each product uses only one type of raw material that costs $7 per pound. The company has the capacity to annually produce 125,000 units of each product. Its average cost per unit for each product at this level of activity are given below: Alpha Beta $ 21 Direct materials $42 Direct labor 35 28 Variable manufacturing overhead Traceable fixed manufacturing overhead Variable selling expenses 23 21 31 34 28 24 Common fixed expenses 31 26 $190 $154 Total cost per unit The company considers its traceable fixed manufacturing overhead to be avoidable, whereas its common fixed expenses are unavoidable and have been allocated to products based on sales dollars."
contribution margin per unit:
Alpha = $215 - $128 = $87
Beta = 160 - $94 = $66
pounds of raw materials per unit:
Alpha = $42 / $7 = 6
Beta = $21 / $7 = 3
since the production constraint is the number of pounds of raw materials available, the contribution margin per pound:
Alpha = $87 / 6 = $14.50
Beta = $66 / 3 = $22
so the company should try to produce the largest amount of betas as possible = 76,000 x 3 pounds = 228,000 pounds
remaining production of alphas = (246,000 - 228,000) / 6 = 3,000 units
Delegating greater authority to subordinate managers and employees A. creates a more horizontal or flatter organization structure with fewer management layers and usually acts to shorten organizational response times. B. usually slows down decision-making because so many more people are involved and it takes longer to reach a consensus on what to do and when to do it. C. can be a de-motivating factor because it requires people to take responsibility for their decisions and actions without being financially compensated. D. is very, very risky and should be avoided at all costs. E. enhances greater cross-unit coordination and aids the capture of strategic fit benefits across unrelated businesses.
Answer:
A. creates a more horizontal or flatter organization structure with fewer management layers and usually acts to shorten organizational response times.
Explanation:
A horizontal organizational structure can be defined as the most flexible, where there is the greatest delegation of authority to manager and subordinate employees, that is, this is a less hierarchical and less bureaucratic structure, as employees have greater autonomy to make decisions.
The main advantages of the horizontal organizational structure are the formation of multifunctional teams, where a greater conception of innovative ideas can emerge to solve problems and achieve the company's goals and objectives, in addition to reducing organizational response time and employee motivation, which they feel more engaged at work due to the less bureaucracy of processes.
Explain how the analysis of nonprofit and governmental financial statements differs from analysis of traditional financial statements
Answer with Explanation:
The analysis includes the assessment of Non profit organization's efficiency both in fundraising and spending, economy of operations and the effectiveness of the operations. This can be explained with an example. For example if the non profit organization has an objective to increase the book reading habit because it believes that the people who read more are not violent personalities and in this way they can reduce the crime rate. So it has established number of libraries in different communities. Now we will look at at what cost it has acquired these libraries (Economy), how much people have visited these libraries (Efficiency) and whether the crime rate in the community has sufficiently fallen or not (Effectiveness). So this helps in understanding whether the objective was met or not.
However when we analyze the financial statement of profit making organizations then we use many profit and efficiency ratios to assess the performance of the organization. These ratios can also be helpful if the NGO is in business as well. But most of the NGOs rely on grants and these grants are subjective to their previous performance.
The NGOs are also required to publish reports according to the grant provider's enforced accounting principles, rules and guidelines. Just take the example of US-AID program that requires the Non profit organization to publish financial reports in specific format and enforces different Generally Acceptable Principles to be used in preparing these financial reports. So yes it is much more different in analyzing the financial statements of Non profit organization and profit making organization.
Department R had 5,000 units in work in process that were 75% completed as to labor and overhead at the beginning of the period; 30,000 units of direct materials were added during the period; 32,000 units were completed during the period; and 3,000 units were 40% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. The first-in, first-out method is used to cost inventories. The number of equivalent units of production for conversion costs for the period was:_____.
a. 29,450.
b. 31,950.
c. 32,450.
d. 26,000.
Answer:
a. 29,450
Explanation:
Equivalent units under FIFO method are calculated using the following formula: Equivalent units for each cost component = (100% − A) × B + C + D × E . Where a = percentage of completion at the end of last period , b = units in opening work in process , c = units started and completed in current period (30,000 - 3,000 =27,000), d = percentage of completion of units in closing work in process , e = units in closing work in process
Equivalent units for each cost component
= (100% − 75%) × 5000 + 27000 + 40% × 3000
= 29,450
In an econometric model, the dependent variable is Group of answer choices unrelated to the independent variables. the behavior one is trying to explain. unchanging across subsamples. also known as the residual. always the wage.
Answer:
the behavior one is trying to explain
Explanation:
The dependent variable is the variable that is being explained by the independent variable.
For example
Di = x + x1 + x2 + x3
Di = demand for ice cream = dependent variable
where x1 = price
x2 = taste
x3 = income
Which of the following statements regarding multidomestic and global competition is false?
A) In global competition, rivals vie for worldwide market leadership and the leading competitors compete head-to-head in the markets of many different countries.
B) In globally competitive industries, a company's competitive position in one country both affects and is affected by its position in other countries.
C) One of the features of multidomestic competition is there is greater cross-country variation in market conditions and the nature of the competitive contest among rivals than tends to be the case in globally competitive markets.
D) With multidomestic competition, the competitive contest is localized, with rivals battling for national market leadership; moreover, winning in one country market does not necessarily signal that a company has the ability to fare well in the markets of other countries.
E) In global competition, the size of a firm's worldwide competitive advantage (or disadvantage) equals the sum of the competitive advantages (or disadvantages) it has in each country market where it competes.
Answer:
B
Explanation:
The statement regarding multidomestic and global competition which is false is in globally competitive industries a company's competitive position in one country affects and is affected by its position in other countries. The correct option is b.
What is a global competition in industries?Global competition is the services or products provided by competing companies that serve international customers. We can think about how we can have a pie-eating contest or a race. These are examples of competition on a local scale where people are competing against one another for one common goal, the best in their core competency.
Core competency is what a company does best. Global competition has allowed companies to buy and sell their services internationally, which opens the door to increased profits and flattens the playing field in business. Successful leaders recognize the need to adapt to the ever-rapidly changing ways to do business in the global environment.
These leaders seek to build competitive advantages around the core competencies of the organization, while also reducing costs to conduct their business.
Learn more about global, here:
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Kelley Company reports $960,000 of net income for 2015, and declares $120,000 of cash dividends on its preferred stock, for 2015. At the end of 2015, the company had 400,000 weighted-average shares of common stock. What amount of net income is available to common stockholders for 2015? What is the company's basic EPS for 2015?
Answer:
1. $840,000
2. 2.1
Explanation:
1. Net income available to shareholders
Net income. $960,000
Less : Preferred stock $120,000
Net income available. $840,000
to common stockholders
2. Basic earnings per share for 2015
Earnings per share = Net income available to common stockholders / weighted average shares of common stock
= $840,000 / $400,000
= 2.1
Assess how the leadership team you designate will affect organizational performance in the short-term and the long-term.
Explanation:
A company's leadership team is an essential part of the company's strategic development and decision-making process.
Therefore, the leadership team will directly influence organizational performance in the short and long term, in the sense that this team will be responsible for the strategic planning that will contemplate the long term in the organization and help it to reach its goals and objectives.
The decision-making process, on the other hand, will impact the company in the short term and will be essential for the decisions made to be beneficial for the improvement of organizational processes and the achievement of competitive and financial advantages.
A contingent sale collapses because the buyer is unable to sell his own property. At this point, the parties should complete a:
Answer:
rescission agreement
Explanation:
A rescission agreement is a remedy in law that allows parties to cancel a contract.
Usually parties to a contract rescind if there is a misrepresentation, mistake, duress, or undue influence.
Mutual rescission is when there is an agreement between the two parties to cancel the contract before it's performance.
If a contingent sale fails because buyer is unable to meet his obligations bother parties can complete a rescission agreement.
Green Toys is a regional manufacturer of baby toys produced from plastic derived from organic and nontoxic sources. Management budgeted onehalf hour of direct labor per toy at a standard rate of per hour. The most current production run produced toys and used labor hours at a total cost of . What is the direct labor rate variance for this production run?
Answer:
$11,400 unfavorable
Explanation:
some information was missing:
standard labor hours = 0.5 hours per toy
standard labor rate = $19
total production = 1,650 toys
total labor cost = $47,500
actual labor hours = 1,900
actual labor rate = $47,500 / 1,900 hours = $25
direct labor rate variance = (AR – SR) x AH = ($25 - $19) x 1,900 = $6 x 1,900 = $11,400 unfavorable (since actual labor costs were higher than standard labor costs)
Which of the following statements is true? A) Assets with lower levels of market risk will sell for higher prices. B) Assets with lower levels of market risk will have higher expected rates of return. C) Assets with higher levels of market risk will sell for higher prices. D) Assets with higher levels of market risk will have lower expected rates of return.
Answer:
C) Assets with higher levels of market risk will sell for higher prices.
Explanation:
The Capital Asset Pricing Model (CAPM) is a term that explains the connection between systematic risk and expected return for assets, specifically on stocks.
Thus, investors expect to be repaid for risk and the time value of money they put in. This is depicted with the formula = ERi = Rf + Bi (ERm - Rf)
Where ERi = expected return of investment
Ri = Risk-free rate
Bi = Beta of the investment
ERm - Rf = market risk premium
Hence, it is assumed that, Assets with higher levels of market risk will sell for higher prices.
At her current level of consumption, Jess gets half as much marginal utility from an additional bagel as from an additional muffin. If the price of muffin is $2 each, then Jess is maximizing her utility if the price of a bagel is:
Answer: $1
Explanation:
From the question, we are informed that at her current level of consumption, Jess gets half as much marginal utility from an additional bagel as from an additional muffin.
Since we have been informed that the price of muffin is $2 each, then Jess is maximizing her utility if the price of a bagel is:
= $2/2
= $1
It should be noted that utility simply means satisfaction that is gotten when one uses a particular product or service.
A company in NY is buying goods from a Japanese company. The goods are sold FOB San Francisco port:__________
A. The freight from Japan to San Francisco is an asset, the freight from San Francisco to New York is an expense
B. Both the freight from Japan to San Francisco and from San Francisco to New York are assets
C. Both the freight from Japan to San Francisco and from San Francisco to New York are expenses
Answer:
D. The freight from Japan to San Francisco is an expense, the freight from San Francisco to New York is an Asset
Explanation:
In this specific scenario, the freight from Japan to San Francisco would be classified as an expense because they are purchasing the goods from the Japanese company in Japan and thus paying them for the transport. Since the goods are sold FOB this means that once they reach the San Francisco port they are no longer the seller's responsibility and not become the NY company's asset. Thus making the freight from San Francisco to New York an Asset
Marigold Corp. has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Marigold incurs $5735000 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. The break-even point in dollars is
Answer:
Break-even point (dollars)= $15,500,000
Explanation:
Giving the following information:
The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Marigold incurs $5735000 in fixed costs.
The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%
To calculate the break-even point in dollars, we need to use the following formula:
Break-even point (dollars)= Total fixed costs / Weighted average contribution margin ratio
Break-even point (dollars)= 5,735,000 / (0.3*0.65 + 0.5*0.35)
Break-even point (dollars)= $15,500,000
Which of the following statements regarding Government National Mortgage Association (GNMA) securities are true EXCEPT:________. A) investors own an undivided interest in a pool of mortgages B) GNMAs are considered to be the riskiest of the agency issues C) the minimum initial investment is $25,000 D) investors receive a monthly check representing both interest and a return of principal
Answer: B) GNMAs are considered to be the riskiest of the agency issues
Explanation:
The Government National Mortgage Association (GNMA) or Ginnie Mae as they are popularly known, are a Federal agency that guarantee the payment of interest and principal on securities by lenders that are approved by the Agency.
As a result, these securities are backed, like Treasury Bills, by the full faith and credit of the United States Government which means that they are the safest of Agency issues.