The main purpose of the fair value adjustment for marketable equity securities is to adjust a corporation's capital stock account to reflect the current market value of the outstanding capital stock.
What is a marketable equity securities?This securities represents investments that can easily be bought, sold or traded on public exchanges.
Some examples of a marketable equity securities includes a stocks, bonds, preferred shares, ETF etc.
However, the periodic fair value adjustment for marketable equity securities is to adjust a corporation's capital stock account.
Therefore, the Option A is correct.
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37. Cultural symbols are things that A. can be protected by international copyrights. B. cannot be expressed by words or characters. C. represent values that exist solely within a nation's boundaries. D. represent ideas and concepts. E. consist of pictures or designs that represent ideas and concepts that are considered to be universal. 38. Concept tests of plots using surveys, testing of marketing campaigns, sneak previews, and tracking studies are all examples of A. marketing decision theory. B. SWOT analysis. marketing research techniques. D. target audience identification techniques. E. surveys of experts.
Answer:
37. C. represent values that exist solely within a nation's boundaries
38. C. marketing research techniques
Explanation:
Cultural symbols are things that represent values that exist in one nation. They are meant to reinforce the beliefs of that culture and to act as identification elements for the culture as well. Some examples include; The Star of David for the Jews and the Bald Eagle for Americans.
Market research techniques help a company find out more about actions it can engage in to improve marketing effectiveness and reduce the risk of product failure. In the case of the multimedia industry, some techniques include; concept tests of plots using surveys, testing of marketing campaigns, sneak previews and tracking studies.
If a firm's expected sales are $250,000 and its break-even sales are $190,000, the margin of safety in dollars is:
Betty operates a beauty salon as a sole proprietorship. Betty also owns and rents an apartment building. This year Betty had the following income and expenses. You may assume that Betty will owe $2,614 in self-employment tax on her salon income, with $1,307 representing the employer portion of the self-employment tax. You may also assume that her divorce from Rocky was finalized in 2016. Interest income (not municipal bond) $ 14,665 Salon sales and revenue 88,560 Salaries paid to beauticians 46,440 Beauty salon supplies 23,620 Alimony paid to her ex-husband, Rocky 7,100 Rental revenue from apartment building 35,180 Depreciation on apartment building 14,000 Real estate taxes paid on apartment building 11,980 Real estate taxes paid on personal residence 6,879 Contributions to charity 4,963 a. Determine Betty's AGI. (Amounts to be deducted should be indicated by a minus sign.)
Answer:
Betty's AGI $33,558
Explanation:
Betty's AGI:
Revenue from salon $88,560
Salaries paid to beauticians ($46,440)
Nail salon supplies ($23,620)
Salon's operating income $18,500
+
Interest income $14,665
+
Rental revenue from apartment building $35,180
Depreciation on apartment building ($14,400)
Real estate taxes paid on apartment building ($11,980)
Rental income $8,800
-
Alimony paid to her husband $7,100
-
Self-employment tax on salon income $1,307
=
Betty's AGI $33,558
Real estate taxes paid on Betty's house and charitable contributions are itemized deductions (below the line deductions).
Watson Oil recently reported (in millions) $8,250 of sales, $5,750 of operating costs other than depreciation, and $1,000 of depreciation. The company had $3,200 of outstanding bonds that carry a 5% interest rate, and its federal-plus-state income tax rate was 35%. In order to sustain its operations and thus generate future sales and cash flows, the firm was required to make $1,250 of capital expenditures on new fixed assets and to invest $300 in net operating working capital. By how much did the firm's net income exceed its free cash flow? Do not round the intermediate calculations. Group of answer choices $526
Answer: 446
Explanation:
Net Income will be calculated as:
=(Sales - Operating costs - Depreciation - Bond × interest rate) × (1-tax rate)
= (8250 - 5750 - 1000) - (3200 × 5%) × (1-35%)
= 1500 - (3200 × 0.05) × 65%
= (1500 - 160) × 0.65
= 1340 × 0.65
= 871
Free Cash flow will be calculated as:
= (8250-5750-1000) × (1-35%) + 1000 - 1250 - 300
= 425
The firm's net income will exceed its free cash flow by:
= 871 - 425
= 446
What action does kareem need to take to change the timing of an animation in one of his presentation slide
What Kareem needs to do to change the timing of animation is change the delay and duration for the slide.
A typical Presentation slide helps to keep an audience's attention during a presentation and as well provide additional supporting information.
A presentation slides entails the use of text, images, artworks, aesigns, animation to facilitate a smart slide for proper presentation.
Animation basically move on the slides and are timed/programmed to move in a specific time or direction.
Therefore, in conclusion, Option C is correct. All Kareem have to do to change the timing of an animation in the slide is changing the delay and duration for the animation.
hope this helps
In the supply chain, _____ bear the risk associated with products up to the time they are delivered.
Answer:
the answer is:
Explanation:
In the supply chain, __the process of making and selling ___ bear the risk associated with products up to the time they are delivered.
Matthews Company uses the percentage-of-sales method to estimate the Allowance for Doubtful Accounts. Before adjustment, the Allowance for Doubtful Accounts has a debit balance of $2,500. If net credit sales are $725,000 and Matthews estimates 1% of the net credit sales to be uncollectible, what will be the amount of the journal entry for the adjusting entry at year-end
The amount of the adjusting journal entry at year-end for Matthews Company, which uses the percentage-of-sales method to estimate its Allowance for Doubtful Accounts is $9,750.
What is the percentage-of-sales method?The percentage-of-sales method is one of the methods for estimating the Allowance for Doubtful Accounts.
This method uses a predetermined percentage that is applied on the Net Credit Sales to determine the amount of the Allowance for Doubtful Accounts for the period.
Data and Calculations:
Debit balance of Allowance for Doubtful Accounts = $2,500
Net Credit Sales = $725,000
Uncollectible estimate = 1% of net credit sales
= $7,250 ($725,000 x 1%)
Bad Debts Expense $9,750 Allowance for Doubtful Accounts $9,750 ($2,500 + $7,250)
Thus, the amount of the adjusting journal entry at year-end for Matthews Company, which uses the percentage-of-sales method to estimate its Allowance for Doubtful Accounts is $9,750.
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Price indexes can be used to compare prices across different periods. Suppose that a year of tuition for college at public institutions averaged a cost of â$ in 1989 and that the CPI index was in 1989. If the CPI index was inâ 2009, then the cost of tuition inâ 2009, as the result ofâ inflation, would equal â$ ___________. â(Enter your response rounded to the nearest wholeâ number.) Suppose that the actual average cost of tuition in 2009 was â$. Relative to the expected cost computedâ above, the cost of tuition increased by __________ the same as less than the amount of inflation.
Question attached
Answer:
1. $3586
2. More than the amount of inflation
Explanation:
Consumer price index 1989 = 114
Price 1989 = $1817
Price for 2009=Consumer price index for 2009 / Consumer price jndex 1989 = Price 2009 / Price 1989
= 225 / 114 = Price 2009 / $1817
= Price for 2009 = $3586
cost of tuition increased in 2009 by = $3307 that is 6893 - 3586 more than amount of inflation
On December 31, 2020, American Bank enters into a debt restructuring agreement with Barkley Company, which is now experiencing financial trouble. The bank agrees to restructure a 12%, issued at par, $3,000,000 note receivable by the following modifications:
1. Reducing the principal obligation from $3,000,000 to $2,400,000.
2. Extending the maturity date from December 31, 2020, to January 1, 2024.
3. Reducing the interest rate from 12% to 10%.
Barkley pays interest at the end of each year. On January 1, 2024, Barkley Company pays $2,400,000 in cash to American Bank.
Required:
a. WIll the fain be recorded by Barkely be equal to the loss recorded by American Bank under the debt restructuring?
b. Cam Barkely Co. record a gain under the term modification mentioned above? Why?
c. Assuming that the interest rate Barkley should use to compute the interest expense in future period in 1.4276% prepare the interest payment schedule of the not for Barkley Co. after the debt restructuring?
a) Since the debt modification is substantial, more than 10%, the gain to be recorded by Barkley Company, $600,000, will be equal to the loss recorded by American Bank under the debt restructuring.
b) Barkley Company can record a Profit under the term modification above because it is a substantial debt modification, with a gain of $600,000, which is 20% of the original debt.
c. The preparation of the Interest Payment Schedule is as follows:
Period PV PMT Interest FV
1 $2,400,000.00 $621,565.76 $34,262.40 $1,812,696.64
2 $1,812,696.64 $621,565.76 $25,878.06 $1,217,008.93
3 $1,217,008.93 $621,565.76 $17,374.02 $612,817.19
4 $612,817.19 $621,565.76 $8,748.58 $0.00
What is a debt modification?A debt modification is the restructuring of debt to enable the debtor experiencing financial difficulties to regain the financial muscle to settle the restructured debt.
Debt modification can affect the following debt terms:
The amounts Timing of interest payments Timing of principal repaymentRate of interest.Data and Calculations:12% Note Payable = $3,000,000
Revised 10% Note Payable = $2,400,000
Gain on Debt Modification = $600,00
Extended Maturity Period = 4 years
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Cost of Bank Loans Del Hawley, owner of Hawley’s Hardware, is negotiating with First City Bank for a 1-year loan of $90,000. First City has offered Hawley the alternatives listed below. Calculate the effective annual interest rate for each alternative. Do not round intermediate calculations. Round your answers to two decimal places. A 12% annual rate on a simple interest loan, with no compensating balance required and interest due at the end of the year. 12 % A 8% annual rate on a simple interest loan, with a 20% compensating balance required and interest due at the end of the year. 10 % A 8.75% annual rate on a discounted loan, with a 15% compensating balance. 11.28 % Interest figured as 9% of the $90,000 amount, payable at the end of the year, but with the loan amount repayable in monthly installments during the year. 15.62 % Which alternative has the lowest effective annual interest rate? Alternative B
Answer:
Calculate the effective annual interest rate for each alternative.
A 12% annual rate on a simple interest loan, with no compensating balance required and interest due at the end of the year.
you borrow $90,000 and pay $10,800 in interests, effective rate = 12%A 8% annual rate on a simple interest loan, with a 20% compensating balance required and interest due at the end of the year.
you borrow $90,000, but you only take home $72,000. You pay $7,200 in interests, therefore, effective interest rate = $7,200 / $72,000 = 10%A 8.75% annual rate on a discounted loan, with a 15% compensating balance. 11.28 %
you borrow $90,000, but you only take home $90,000 - $7,875 (discounted interest) - $13,500 (15% compensating balance) = $68,625. You pay back $76,500, so interest = $7,875. Effective interest rate = $7,875 / $68,625 = 11.48%Interest figured as 9% of the $90,000 amount, payable at the end of the year, but with the loan amount repayable in monthly installments during the year.
you take home $90,000, but the first 11 months you pay $7,500 and the last payment = $15,600. Using a financial calculator, I just calculated the monthly IRR = 1.2621%. The effective interest rate = (1 + 1.2621%)¹² - 1 = 16.24%Which alternative has the lowest effective annual interest rate?
Alternative B:
A 8% annual rate on a simple interest loan, with a 20% compensating balance required and interest due at the end of the year.
g Determine the price of the bonds issued on February 1, 2021. 2-a. Prepare amortization schedules that indicate Cromley’s effective interest expense for each interest period during the term to maturity. 2-b. Prepare amortization schedules that indicate Barnwell’s effective interest revenue for each interest period during the term to maturity. 3. Prepare the journal entries to record the issuance of the bonds by Cromley and Barnwell’s investment on February 1, 2021. 4. Prepare the journal entries by both firms to record all subsequent events related to the bonds through January 31, 2023.
Answer:
The question is missing the first part:
On February 1, 2021, Cromley Motor Products issued 6% bonds, dated February 1, with a face amount of $65 million. The bonds mature on January 31, 2025 (4 years). The market yield for bonds of similar risk and maturity was 8%. Interest is paid semiannually on July 31 and January 31. Barnwell Industries acquired $65,000 of the bonds as a long-term investment. The fiscal years of both firms end December 31.
1. Determine the price of the bonds issued on February 1, 2021.
the market value of each bond:
PV of face value = $1,000 / (1 + 4%)⁸ = $730.69 PV of coupon payments = $30 x 6.7327 (PV annuity factor, 4%, 8 periods) = $201.98market price per bond = $932.67
2-a. I used an excel spreadsheet since there is not enough room here: Cromley Motors PDF
2-b. Again I used an excel spreadsheet since there is not enough room here:
3. February 1, 2021, bonds issued at a discount
Dr Cash 60,623,550
Dr Discount on bonds payable 4,376,450
Cr Bonds payable 65,000,000
4. Cromley's records:
July 31, 2021, first coupon payment
Dr Interest expense 2,424,942
Cr Cash 1,950,000
Cr Discount on bonds payable 474,942
January 31, 2022, second coupon payment
Dr Interest expense 2,443,940
Cr Cash 1,950,000
Cr Discount on bonds payable 493,940
July 31, 2022, third coupon payment
Dr Interest expense 2,463,697
Cr Cash 1,950,000
Cr Discount on bonds payable 513,697
January 31, 2023, fourth coupon payment
Dr Interest expense 2,484,245
Cr Cash 1,950,000
Cr Discount on bonds payable 534,245
Barnwell's records:
July 31, 2021, first coupon payment
Dr Cash 1,950
Dr Discount on bonds payable 2,425
Cr Interest revenue 475
January 31, 2022, second coupon payment
Dr Cash 1,950
Dr Discount on bonds payable 494
Cr Interest revenue 2,444
July 31, 2022, third coupon payment
Dr Cash 1,950
Dr Discount on bonds payable 514
Cr Interest revenue 2,464
January 31, 2023, fourth coupon payment
Dr Cash 1,950
Dr Discount on bonds payable 556
Cr Interest revenue 2,484
What are the two major financial institutions used by consumers for handling money?
Answer:
What is the most common type of financial institution?
Commercial banks. are the most common financial institutions in the United States, with total financial assets of about $13.5 trillion (85 percent of the total assets of the banking institutions). ...
Savings banks
Finance companies
Insurance companies
Explanation:
you know you can find the answer on google
This is often flavored and cooked and used to cover/decorate bake goods, such as cakes or cookies
Answer:
icing
Explanation
I dont know for sure, but that seems like the most correct answer
Please explain in three well-structured paragraphs the impact of a change in the savings rate on the output
Answer:
The answers is provided in paragraph along with brief introduction on savings. Each part has also been titled for better understanding.
Explanation:
Introduction
Saving is the income which has not been spent on any need or demand of a specific individual but instead kept in the bank account for future use or invested in some asset for earning future returns.
The impact of change in the savings rate on the output:
Investment
When an income is saved, it is sometimes deposited in the bank account. This in turn will lead to banks providing the save income to businesses for investing in their business. This will further grow the business and ultimately output would increase. The same goes for cases where savings are decreased that would lead the output to decrease as well.
Interest Rate
When savings are increased in banks. The amount to provide load has also been increased. This will lead to reduction in interest rates or borrowing rates which will help the economy to grow. Finally, the output will also grow.
Individual
If the saving rate is increased per person then the specific individual has more to spend. Such as if the average person spends the savings in shares or other businesses then the will increase their earnings even further. Thus, it would result in increase in output as well and vice versa.
The savings rate in an economy can affect output if it changes because savings finance output.
Output in an economy is as a result of companies and individuals being able to acquire funds from financial intermediaries which they then use to engage in production.
The funds these financial intermediaries use are acquired from savers. If the savings rate reduces for instance, there would be less funding for companies and individuals which would lead to less output. .
In conclusion, a change in the savings rate, can affect the output as it determines just how much funding goes towards producers.
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According to the law of supply, what happens to the quantity that the suppliers create when the prices increase?
Answer:
the quantity increases
the supply law states that when price increases the quantity increases aswell and vice versa!
The first phase of the selling process involves
to sell.
Answer:
false. it is Prospecting. The first of the seven steps in the sales process is prospecting. In this stage, you find potential customers and determine whether they have a need for your product or service—and whether they can afford what you offer.Explanation:
Becker Office Service purchased a new computer system on January 1, Year 1, for $32,400. It is expected to have a five-year useful life and a $3,200 salvage value. Becker Office Service expects to use the computer system more extensively in the early years of its life. Required Calculate the depreciation expense for each of the five years, assuming the use of straight-line depreciation. Calculate the depreciation expense for each of the five years, assuming the use of double-declining-balance depreciation. Assume that Becker Office Service sold the computer system at the end of the fourth year for $21,000. Compute the amount of gain or loss using each depreciation method.
Answer:
Straight line method
Depreciation expense - Year 1 = $5840
Depreciation expense - Year 2 = $5840
Depreciation expense - Year 3 = $5840
Depreciation expense - Year 4 = $5840
Depreciation expense - Year 5 = $5840
Gain on sale = 21000 - 9040 = $11960
Double declining balance
Depreciation expense - Year 1 = 2 * (32400 - 0) / 5 = $12960
Depreciation expense - Year 2 = 2 * (32400 - 12960) / 5 = $7776
Depreciation expense - Year 3 = 2 * (32400 - 20736) / 5 = $4666
Depreciation expense - Year 4 = 2 * (32400 - 25402) / 5 = $2799
Depreciation expense - Year 5 = 2 * (32400 - 28201) / 5 = $1679.6
Gain on sale = 21000 - 4199 = $16801
Explanation:
Straight line method
The straight line method of depreciation charges a constant depreciation expense per year through out the useful life of the asset. The formula for depreciation expense per year under this method is,
Depreciation expense = (Cost - Salvage value) / estimated useful life of the asset
Depreciation expense per year = (32400 - 3200) / 5 = $5840 per year
Depreciation expense - Year 1 = $5840
Depreciation expense - Year 2 = $5840
Depreciation expense - Year 3 = $5840
Depreciation expense - Year 4 = $5840
Depreciation expense - Year 5 = $5840
Net Book Value - Year 4 = 32400 - (5840 * 4) = $9040
Selling price = $21000
Gain on sale = 21000 - 9040 = $11960
Double declining balance method
The double declining balance method is an accelerated form of depreciation where asset is depreciated more in initial years and less in later years. The formula for depreciation expense per year under this method is,
Depreciation expense = 2 * (Cost - Accumulated depreciation) / Estimated useful life of the asset
Depreciation expense - Year 1 = 2 * (32400 - 0) / 5 = $12960
Depreciation expense - Year 2 = 2 * (32400 - 12960) / 5 = $7776
Depreciation expense - Year 3 = 2 * (32400 - 20736) / 5 = $4666
Depreciation expense - Year 4 = 2 * (32400 - 25402) / 5 = $2799
Depreciation expense - Year 5 = 2 * (32400 - 28201) / 5 = $1679.6
Net book value - Year 4 = 32400 - 28201 = 4199
Gain on sale = 21000 - 4199 = $16801
why you applied for this job and why you should be hired
g Gamgee Company wishes to maintain a growth rate of 12.8 percent per year, a debt-equity ratio of 1.4, and a dividend payout ratio of 40 percent. The ratio of total assets to sales is constant at .94. What profit margin must the firm achieve
The Profit margin that must be achieved is 12.74%.
Profit marginFirst step
Return on equity= Growth rate /(1 + Growth rate) × Retention ratio
Return on equity=12.8% / (1 + 12.8%) × (100%-40%)
Return on equity= 0.128/(1 +0.128) × 0.60
Return on equity= 0.128/1.128 × 0.60
Return on equity= 0.128/0.6768×100
Return on equity= 18.91%
Second step
Now the profit margin is:
Profit margin= ROE / Asset turnover × Equity Multiplier
Profit margin= 18.91% / {(1/.94) × 1.4}
Profit margin= 0.1891 / 1.06 × 1.4
Profit margin= 12.74%
Inconclusion the Profit margin that must be achieved is 12.74%.
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Predicting which customer will respond to a marketing campaign is part of predictive analytics. Select one: True False
It should be noted that Predicting which customer will respond to a marketing campaign is part of predictive analytics.
What is a marketing campaign?Marketing campaigns serves as strategic activities that promote a business's goal or objective.
It is been used used in promoting a product, a service, or the brand as a whole.
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In 2021, the Westgate Construction Company entered into a contract to construct a road for Santa Clara County for $10,000,000. The road was completed in 2023. Information related to the contract is as follows:
2021 2022 2023
Cost incurred during the year $2,610,000 $3,162,000 $2,230,800
Estimated costs to complete as of year-end 6,390,000 2,028,000 0
Billings during the year 2,100,000 3,672,000 4,228,000
Cash collections during the year 1,850,000 3,000,000 5,150,000
Assume that Westgate Construction's contract with Santa Clara County does not qualify for revenue recognition over time.
Required:
a. Calculate the amount of revenue and gross profit (loss) to be recognized in each of the three years.
b. Complete the information required below to prepare a partial balance sheet for 2021 and 2022 showing any items related to the contract.
c. Calculate the amount Of revenue and gross profit (loss) to be recognized in each Of the three years assuming the following costs incurred and costs to complete information.
Answer:
Westgate Construction Company
a) Amount of revenue and gross profit (loss) to be recognized in each year:
2021 2022 2023
Cost incurred during the year $2,610,000 $3,162,000 $2,230,800
Percentage of costs to the total 32.61% 39.51% 27.88%
Revenue recognized each year $3,261,000 $3,951,000 $2,788,000
Cost incurred during the year $2,610,000 $3,162,000 $2,230,800
Gross profit $651,000 $789,000 $557,200
b) Information for a partial balance sheet for 2021 and 2022
Current assets: 2021 2022
Accounts receivable (Santa Clara) $250,000 $922,000
Explanation:
a) Data and Calculations:
2021 2022 2023
Cost incurred during the year $2,610,000 $3,162,000 $2,230,800
Estimated costs to complete
as of year-end 6,390,000 2,028,000 0
Billings during the year 2,100,000 3,672,000 4,228,000
Cash collections during the year 1,850,000 3,000,000 5,150,000
Contract price = $10,000,000
Total costs incurred = $8,002,800
Total Gross profit = $1,997,200
Since Westgate Construction's contract with Santa Clara Country does not qualify for revenue recognition over time, revenue can only be recognized based on degree of completion or percentage of completion. This is based on the costs incurred in each year.
2021 2022 2023
Cost incurred during the year $2,610,000 $3,162,000 $2,230,800
Percentage of costs to the total 32.61% 39.51% 27.88%
Revenue recognized each year $3,261,000 $3,951,000 $2,788,000
Cost incurred during the year $2,610,000 $3,162,000 $2,230,800
Gross profit $651,000 $789,000 $557,200
a) Accounts Receivable (Santa Clara)
Date Accounts Title Debit Credit
2021 Construction Contract $2,100,000
2021 Cash Account $1,850,000
2021 Balance 250,000
2022 Balance 250,000
2022 Construction Contract $3,672,000
2022 Cash Account $3,000,000
2022 Balance 922,000
Construction Contract
Date Accounts Title Debit Credit
2021 Cash account $2,610,000
2021 Accounts receivable $2,100,000
2022 Cash account $3,162,000
2022 Accounts receivable $3,672,000
$5,772,000 $5,772,000
Cash Account
Date Accounts Title Debit Credit
2021 Construction Contract $2,610,000
2021 Accounts receivable $1,850,000
2022 Construction Contract $3,162,000
2022 Accounts receivable $3,000,000
A job cost sheet of Sandoval Company is given below.
Job Cost Sheet
JOB NO. 469 Quantity 2,500
ITEM White Lion Cages Date Requested 7/2
FOR Todd Company Date Completed 7/31
Date Direct Materials Direct Labor Manufacturing Overhead
7/10 $700
12 900
15 $440 $550
22 380 475
24 1,600
27 1,500
31 540 675
Cost of completed job:
Direct materials:_____
Direct labor :_____
Manufacturing overhead:_____
Total cost:_____
Required:
a. What are the source documents for direct materials, direct labor, and manufacturing overhead costs assigned to this job?
b. What is the predetermined manufacturing overhead rate?
c. What are the total cost and the unit cost of the completed job?
Answer:
7/10$700that is the answer
When the labor market is in equilibrium, the
unemployment rate is 0%.
True or false
Why is it that everyone cannot have everything they could possibly want?
because that would make you spoiled, and no one will like you. And some things aren't buyable
Emarpy Appliances Inc. wants to determine the optimal production policy for their best selling refrigerator. The demand for this has been relatively constant at about 8,000 each year. The production capacity for this product is limited to 200 units per day. Each time production starts, it costs the company $120 to move materials into place, reset the assembly line, and clean the equipment. The holding cost of a refrigerator is $50 per unit per year. Assume there are 250 working days per year. If Emarpy Inc wants to minimize the total annual inventory cost, how many refrigerators should be produced in each production run?
Answer:
Q' = 213.80
Explanation:
P(d): production rate per day = 200
Ic: Installation cost = 120
D: Demand = 8000
D(d): demand rate per day = 32
Uc: Unit cost (holding) = 50
Applying into Production order quantity model formula
[tex]Q'= \sqrt{\frac{2*D*Ic}{(1 - \frac{D(d)}{P(d)}) * Uc } } = \sqrt{\frac{2*8000*120}{(1 - \frac{32}{200})*50 } } = 213.80[/tex]
Consider a consumer who is contemplating a new automobile purchase. She has narrowed her decision down to two brands, Brand X and Brand Y. She has identified gas mileage, price, warranty, and styling to be important attributes to consider in her decision. Her evaluative ratings (e) for each attribute and her beliefs of how each brand performs on a given attribute (b) are given below: Brand X Brand Y Attribute e b b Mileage 2 6 4 Low Price 3 2 2 Warranty -1 1 3 Design 1 10 5 Refer to the Automobile Scenario. The consumer comes across an advertisement that shows Brand X stating that its automobile is being offered as an environment-friendly hybrid model. According to the elaboration likelihood model (ELM), this consumer is most likely to be influenced by the _____. a. unit route to persuasion b. central route to persuasion c. sentiment route to persuasion d. secondary route to persuasion e. peripheral route to persuasion
Answer:
e. peripheral route to persuasion
Explanation:
In order to determine which route to persuasion the car company is using, we must first analyze the customer:
Is the customer motivated to purchase a new car, is he/she thinking and analyzing about buying a new car? ⇒ in this case the answer is yes, so this implies that a central route should be more persuasive. The peripheral route is more effective when convincing passive audiences or consumers.
Is the customer really evaluating the message, or is she just contemplating the ad? ⇒ again in this case, the customer is paying attention to the core message, but will it be able to persuade her?
Is this ad able to persuade the customer and his/her attitude towards the car, is this attribute really important to the customer? ⇒ this is the most important aspect of the message, and to be honest, the customer didn't pay much attention to environmental issues, so she is probably not going to be persuaded by it. She might say yes, brand X is offering a green car, but she will not value that fact. For this particular customer, this ad represents a peripheral route to persuasion. For this particular customer, a central route would imply a message about the car's design, warranty, price, or mileage.
The same ad can work differently for other consumers. E.g. a person that is seeking to buy a new car and really values the fact that the car pollutes less, will pay a lot of attention to this ad and will be probably persuaded by it. For this consumer, this ad would follow a central route, not a peripheral route.
The customer after seeing this advertisement will be influenced by the peripheral route to persuasion according to the elaboration likelihood model(ELM).
What is elaboration likelihood model?The elaboration likelihood model of persuasion is a two-pronged approach that describes change in attitude. ELM was founded by Richard E. Petty and John Cacioppo in 1980.
The model aims to describe different approaches to processing motives, why they are used, and their effects on change in attitude.
This ad represents a peripheral route to persuasion. A central route would imply a message about the car's design, warranty, price, or mileage for this particular customer.
The same ad can work differently for other consumers. For example, a person that is seeking to buy a new car and really values the fact that the car pollutes less will pay a lot of attention to this ad and will be probably persuaded by it.
For this customer, this ad represents a peripheral route to persuasion.
Hence, Option e. will be the correct statement.
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Question 1 of 10
The was developed as a result of the Securities Act and Securities
Exchange Act.
A. Federal Reserve Bank
B. Federal Deposit Insurance Corporation
C. Securities and Exchange Commission
D. Securities and Exchange Center of America
SUBMIT
Answer:
C
Explanation:
The Exchange Act created the Securities and Exchange Commission(SEC)
LA Company has a beginning cash balance of $6,000, cash receipts of $12,000, cash payments of $7,200 and an outstanding loan balance of $1,500. Their preliminary cash balance is $
Based on the information given their preliminary cash balance is $9,300.
Preliminary cash balanceUsing this formula
Preliminary cash balance= Beginning cash balance + cash receipts- cash payment -outstanding loan balance
Let plug in the formula
Preliminary cash balance=$6,000+$12,000-$7,200-$1,500
Preliminary cash balance=$9,300
Inconclusion their preliminary cash balance is $9,300.
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Answer:
10800
Explanation:
Wildhorse Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, Wildhorses’ ledger showed Cash of $9,200 and Common Stock of $9,200.
May
1 Purchased merchandise on account from Black Wholesale Supply for $9,200, terms 1/10, n/30.
2 Sold merchandise on account for $5,600, terms 2/10, n/30. The cost of the merchandise sold was $4,500.
5 Received credit from Black Wholesale Supply for merchandise returned $200.
9 Received collections in full, less discounts, from customers billed on May 2.
10 Paid Black Wholesale Supply in full, less discount.
11 Purchased supplies for cash $900.
12 Purchased merchandise for cash $4,200.
15 Received $230 refund for return of poor-quality merchandise from supplier on cash purchase.
17 Purchased merchandise from Wilhelm Distributors for $3,600, terms 2/10, n/30.
19 Paid freight on May 17 purchase $250.
24 Sold merchandise for cash $5,500. The cost of the merchandise sold was $4,100.
25 Purchased merchandise from Clasps Inc. for $800, terms 3/10, n/30.
27 Paid Wilhelm Distributors in full, less discount.
29 Made refunds to cash customers for returned merchandise $88. The returned merchandise had cost $100.
31 Sold merchandise on account for $1,280, terms n/30. The cost of the merchandise sold was $894.
Required:
Journalize the transactions using a perpetual inventory system.
The journal entries for the transactions of Wildhorse Hardware Store for May using the perpetual inventory system are as follows:
Journal Entries:May 1 Debit Inventory $9,200
Credit Accounts Payable (Black Wholesale Supply) $9,200
Terms 1/10, n/30.
May 2 Debit Accounts Receivable $5,600
Credit Sales Revenue $5,600
Terms 2/10, n/30.
Debit Cost of goods sold $4,500
Credit Inventory $4,500
May 5 Debit Accounts Payable (Black Wholesale Supply) $200
Credit Inventory $200
May 9 Debit Cash $5,488
Debit Cash Discounts $112
Credit Accounts Receivable $5,600
May 10 Debit Accounts Payable (Black Wholesale Supply) $9,000
Credit Cash $8,910
Credit Cash Discounts $90
May 11 Debit Supplies $900
Credit Cash $900
May 12 Debit Inventory $4,200
Credit Cash $4,200
May 15 Debit Cash $230
Credit Inventory $230
May 17 Debit Inventory $3,600
Credit Accounts Payable (Wilhelm Distributors) $3,600
Terms 2/10, n/30.
May 19 Debit Freight-in $250
Credit Cash $250
May 24 Debit Cash $5,500
Credit Sales Revenue $5,500
Debit Cost of goods sold $4,100
Credit Inventory $4,100
May 25 Debit Inventory $800
Credit Accounts Payable (Clasps Inc.) $800
Terms 3/10, n/30.
May 27 Debit Accounts Payable (Wilhelm Distributors) $3,600
Credit Cash $3,528
Credit Cash Discounts $72
May 29 Debit Sales Allowances and Refunds $88
Credit Cash $88
Debit Inventory $100
Credit Cost of goods sold $100
May 31 Debit Accounts Receivable $1,280
Credit Sales Revenue $1,280
Terms n/30.
Debit Cost of goods sold $894
Credit Inventory $894
What is the perpetual inventory system?The perpetual inventory system is an inventory system that records whenever stock is sold or received, using an automation process that records in real-time.
The implication is that the perpetual inventory system will record changes in inventory at the time the transaction takes place and not at the end of the accounting period, say month-end.
Transaction Analysis:May 1 Inventory $9,200 Accounts Payable (Black Wholesale Supply) $9,200
Terms 1/10, n/30.
May 2 Accounts Receivable $5,600 Sales Revenue $5,600
Terms 2/10, n/30.
Cost of goods sold $4,500 Inventory $4,500
May 5 Accounts Payable (Black Wholesale Supply) $200 Inventory $200
May 9 Cash $5,488 Cash Discounts $112 Accounts Receivable $5,600
May 10 Accounts Payable (Black Wholesale Supply) $9,000 Cash $8,910 Cash Discounts $90
May 11 Supplies $900 Cash $900
May 12 Inventory $4,200 Cash $4,200
May 15 Cash $230 Inventory $230
May 17 Inventory $3,600 Accounts Payable (Wilhelm Distributors) $3,600
Terms 2/10, n/30.
May 19 Freight-in $250 Cash $250
May 24 Cash $5,500 Sales Revenue $5,500
Cost of goods sold $4,100 Inventory $4,100
May 25 Inventory $800 Accounts Payable (Clasps Inc.) $800
Terms 3/10, n/30.
May 27 Accounts Payable (Wilhelm Distributors) $3,600 Cash $3,528 Cash Discounts $72
May 29 Sales Allowances and Refunds $88 Cash $88
Inventory $100 Cost of goods sold $100
May 31 Accounts Receivable $1,280 Sales Revenue $1,280
Terms n/30.
Cost of goods sold $894 Inventory $894
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In which of the following situations could a research analyst use multiple regression? A real estate development company wants to estimate the probable sales of construction services on the basis of marriage rates, population movement in the region, and interest rates on construction loans A psychologist wants to understand the underlying personality factors associated with materialism in consumers A firm wants to identify segments of the market to pursue The brand manager for Tide laundry detergent wants to understand how consumers perceive Tide relative to other laundry detergents All of the above Question 2
Answer:
A). A real estate development company wants to estimate the probable sales of construction services on the basis of marriage rates, population movement in the region, and interest rates on construction loans.
Explanation:
Multiple regression is elucidated as the statistical technique employed to determine the association between two or more dependent or response and independent/explanatory variables.
As per the question, the multiple regression can be employed in the first situation where 'a real estate company wishes to forecast the probable sales of construction on the basis of....loans.' Multiple regression analysis would help in representing the linear relationship between these two variables that helps in ensuring effective analysis and making predictions and ensuring optimum output. Thus, option A is the correct answer.