Answer:
95% stocks /5% Money Markets
Explanation:
It is advisable for an investor that is relatively risk tolerant should consider devoting more of their money into stocks based investment, especially for a young, single investor who is willing to achieve highest return such that such an investor will be more likely to stay invested during the short periods of bear market fluctuations
Investment should be made based on the asset allocation plan. For a person looking to make high returns in about 20 years, he does not need to be very concerned about the stock market short-term fluctuations, compared to a person looking to put their ward through college in a few years time who should be more inclined to fixed income safer investments.
Simone started the meeting at BCD Co. by focusing the attendees on the company's current status. "We have a good product mix," she stated. "To continue to grow, we need to target more segments." Which strategic path is Simone pursuing?
Answer:
Market development
Explanation:
Market development can be described as a marketing strategy in which new market segments are identified and developed for current products of a company.
The focus of a market development strategy are the existing customers and new customers in the targeted segments that are not currently buying the products of the company.
Market development is therefore a marketing strategy that is employed when a company wants to expand its total market by making effort to promote its current product to new consumers or a new geographical area.
From the question, the statement that "To continue to grow, we need to target more segments" by Simone indicates that the strategic path Simone is pursuing is market development.
Eliminating modification anomalies is a(n) ________ of normalization.Immersive Reader (2 Points) advantage disadvantage either an advantage or disadvantage neither an advantage nor disadvantage
Answer:
The correct answer is the first option: Advantage.
Explanation:
To begin with, the name of "Normalization" refers to the process of structuring a relational database alongside with normal forms with the purpose to reduce the amount of data redundancy and increase and improve the amount of data integrity. Most of the cases, the normalization concludes when the relational database meets the third normal form, that is considered to be free of insertion, updated and free of anomalies due to the fact that it deletes them. That is why that the elimination of modificating anomalies is an advantage of normalization.
Assume that there is a fixed rate of interest on contracts for borrowers and lenders. If unexpected inflation occurs in the economy, then
Answer:
The borrower will be benefited and the lender will be in harm.
Explanation:
Then the borrower will be benefited and the lender will be in harm because the inflation in the economy reduces the purchasing power or it depreciates the value of the currency. Therefore, if there is unexpected inflation then the borrower will get the benefit, here the value of paid money is less as compared to the value of money when is borrowed. Similarly, the lender will be in loss because the current value of money has decreased.
Wilson Tech's production cost data for the current period is: Beginning Work‐in‐Process 0 units Units Started 16,000 units Units Transferred Out 9,800 units Ending Work‐in‐Process 6,200 units Materials are entered at the beginning of the process. The Ending Work‐in‐Process units are 40% complete as to conversion costs. Using the FIFO method, what are the equivalent units of production for conversion costs?
Answer:
12,280 units
Explanation:
equivalent units of conversion (under FIFO) = [units in beginning inventory x ( 1 - previous conversion rate)] + units started and completed + (units in ending inventory x conversion rate) =
units in beginning inventory = 0units started and completed = 9,800units in ending inventory = 6,200equivalent units of conversion (under FIFO) = 0 + 9,800 + (6,200 x 40%) = 9,800 + 2,480 = 12,280 units
Gary participates in a group long-term care insurance program through his employer. The employer pays for a standard level of coverage for all employees, and Gary pays for an additional voluntary amount of coverage. In all, Gary's employer pays two thirds of the cost and Gary pays the remaining one third of the cost. If Gary makes a claim under this policy, what percentage of his benefits would be taxable based on the premium structure
Answer:
$0
Explanation:
When your employer pays for your health insurance policy, the benefits you receive are not taxed by the federal government. In most cases, when employees pay for some part of the health insurance plan, this payments are also excluded and not taxed by the federal government.
In this case, the benefits that Gary gets from his health insurance are not taxed by the federal government, only payments received for temporary disability or sickness are taxed since they replace your normal income.
Crystalize is a decorative glassware manufacturer. The company's production team takes 8 hours to produce 96 identical glass items. Which of the following is the labor productivity of Crystalize?A) 10 items per hour.
B) 12 items per hour.
C) 0.08 hours per item.
D) 0.09 hours per item.
TB MC Qu. 06-49 Radakovich Corporation has provided the... Radakovich Corporation has provided the following data from its activity-based costing system: Activity Cost Pools Total Cost Total Activity Assembly $ 1,372,578 61,800 machine-hours Processing orders $ 63,235 2,010 orders Inspection $ 151,316 2,090 inspection-hours The company makes 600 units of product F60N a year, requiring a total of 1,200 machine-hours, 78 orders, and 34 inspection-hours per year. The product's direct materials cost is $49.55 per unit and its direct labor cost is $12.44 per unit. The product sells for $128.70 per unit. According to the activity-based costing system, the product margin for product F60N is: (Round your intermediate calculations to 2 decimal places.) $40,026.00 $10,920.12 $8,458.52 $10,912.40
Answer:
$8,460
Explanation:
The computation of product margin for product F60N is shown below:-
Total overhead cost = ($1,372,578 × 1,200 ÷ 61,800) + ($63,235 × 78 ÷ 2,010) + ($151,316 × 34 ÷ 2,090)
= $26,652 + $2,454 + $2,462
= $31,568
Per unit overhead cost = $31,568 ÷ 600
= $52.61
Per unit cost = Direct material + Direct labor + Overhead cost
= $49.55 + $12.44 + $52.61
= $114.60
Finally
product margin for product F60N is = (Selling price - Per unit Cost) × Number of units sold
= ($128.70 - $114.60) × 600
= $14.1 × 600
= $8,460
On February 2, Flint Corp.'s board of directors voted to discontinue operations of its frozen food division and to sell the division's assets on the open market as soon as possible. The division reported net operating losses of $20,000 in January and $30,000 in February. On February 26, sale of the division's assets resulted in a gain of $90,000. Ignoring income taxes, what amount of gain from discontinued operations should Flint recognize in its income statement for the three months ended March 31
Answer: $40,000
Explanation:
The gain from discounted operations assuming no income taxes, is the gain from the sale of the asset less the net operating losses in the period.
= Gain from Sales of Asset - Net losses in period
= 90,000 - ( 20,000 + 30,000)
= $40,000
On October 1, Company B records 1 year of prepaid rent in an income statement account then adjusts for the unexpired prepaid rent at the end of the period. What would be true for Company B's financial statements at December 31 year-end?
Answer:
The first journal entry was not the most appropriate, but since the mistake was correctly adjusted at the end of the year, both assets and expenses will be the same whether they did it correctly the first time or they had to adjust a mistake at the end of the year.
E.g. something like this happened
October 1, rent expense for 1 year
Dr Rent expense 12,000
Cr Cash 12,000
December 31, adjustment to rent expense
Dr Prepaid rent 10,000
Cr Rent expense 10,000
they should have recorded it as:
October 1, prepaid rent for 1 year
Dr Prepaid rent 12,000
Cr Cash 12,000
December 31, adjustment to rent expense
Dr Rent expense 2,000
Cr Prepaid rent 2,000
Whichever way you recorded the transactions, the balances a the end of the year would be:
prepaid rent (asset) $10,000
rent expense (expense) $2,000
A business that consumes $3,000 of resources to make a product that is sold for $4,000 has earnings or ____ of $1,000. (Enter only one word per blank.)
Answer:
Profit
Explanation:
The term profit is a term used to describe financial gain. The profit is the difference between the amount of money earned on a business transaction involving the sale of an item or service, to the amount spent to produce, to procure, or the put in a function condition.
In the question, the amount consumed or spent to make the product = $3,000
The amount for which the product was sold = $ 4,000
The profit = 4,000 - 3,000 = $1,000.
Which form does RESPA require lenders to use to detail the costs that the buyer and seller will pay at closing?
Answer:
The correct answer will be "Closing Disclosure ".
Explanation:
A Closing Disclosure seems to be a 5-page document that supplies the final information regarding your designated conventional mortgage. This covers the details of the settlement, the estimated interest payments including whether you'll pay for the mortgage in deposits as well as other costs. The applicant is expected to provide you with the Closing Notice at least 3 days on average well before the mortgage closes.A customer who is age 75 has been taking RMDs (Required Minimum Distributions) each year from his Traditional IRA in cash. This year, he asks his representative if he can take the distribution in the form of shares of a mutual fund position in his account. He tells the representative that because it has been a bear market, the share price is depressed and rather than liquidate, he would like to take the shares into his cash account at the firm, awaiting a market rebound. You should tell him that the RMD can:____________
Answer:
Taking his RMD in form of shares in a depressed market is a good investment decision. As the price will bound back and he will make more money.
Explanation:
When a traditional IRA holder gets to the age of 72 years he is entitled to required minimum distribution payments. This is not obtainable with other IRA plans.
RMD can be taken as cash or as shares. There is not tax difference between the two options.
Normally cash is better since it is easier to get access to and the beneficiary gets the exact dollar amount.
However when there is a depressed stock market, taking RMD in shares is a better option. Shares are bought and sold when prices appreciate.
This is a better option than selling shares at the low market price.
Money serves as a store of value when: Multiple Choice it is a means of holding wealth. there is direct trade of goods and services. it is a basic measure of economic value. it is used to purchase goods and services.
Answer:
The answer is A.
Explanation:
One of the functions of money is to serve as a store of value(the rest is as a medium of exchange, store of value, unit of account)
Money can be stored as deposit in banks(the money saved in banks), bonds, golds, stocks etc. Money are stored in these as they can easily be converted to cash. What the money is being stored as must be easily be converted to cash.
The optimum approach for escalation is based on a thorough integration of the monitoring process into the
Complete Question:
The optimum approach for escalation is based on a thorough integration of the monitoring process into the __________.
Group of answer choices
a. IDE
b. IRP
c. CERT
d. ERP
Answer:
b. IRP
Explanation:
The optimum approach for escalation is based on a thorough integration of the monitoring process into the incident response plan (IRP).
An incident response plan can be defined as a written plan which comprises of a set of instructions that assists Information Technology (IT) staffs and professionals recognize, respond to, and recover from cybersecurity incidents. The Incident response plan (IRP) is made up of six (6) distinct phases that are used by administrators to address issues like cyber crime or cybersecurity breach, data loss, and service outages that usually affect the user's daily work.
The six (6) distinct phases that make up an incident response plan (IRP) are:
1. Preparation.
2. Identification.
3. Containment.
4. Eradication.
5. Recovery.
6. Lessons learned by users.
"FINRA's IPO purchase restrictions that prohibit industry personnel from buying new issues in the primary market apply to:"
Answer:
Common stock offerings.
Explanation:
FINRA is an acronym for Financial Industry Regulatory Authority. It is a non-profit agency in the United States of America, that is saddled with the responsibility of handling the licensing and regulation of broker-dealers in securities.
FINRA's initial public offering (IPO) purchase restrictions that prohibit industry personnel from buying new issues in the primary market apply to common stock offerings. The rule made by the financial industry regulatory authority (FINRA) which restrict a registered firm and its employees from buying new issues in the primary market made available by underwriters, only apply to common stock offerings (equity stocks) because the pricing of common stocks usually has a big expectation feature that is typically difficult to measure.
Additionally, the FINRA's purchase restrictions do not apply to bond or preferred stock offerings.
What document is used to show the chronological sequence in which funds are received and disbursed by the sponsoring broker?
Answer: Journal
Explanation:
The document that is used to show the chronological sequence in which funds are received and disbursed by the sponsoring broker is regarded to as the journal.
The journal is the document that is used by an organization or a company which shows the running balance of a particular organization after there have been a disbursement or receipt.
To assess the risk and return involved in a purchase decision, which practical questions should a potential buyer ask
Answer:
The potential buyer will ask three questions such as:
What is the likely return? What can go wrong? Is the risk worth the return?Explanation:
To determine the uncertainty including returning associated throughout a purchasing decision, the realistic decision that the prospective purchaser wants to respond to or inquire is something listed above.Because the purchaser wants to be sure concerning the possibilities acceptable to him regarding the probability of their return frequency including the uncertainties implicit throughout the returns.
Answer:
-What can go wrong?
-What is the likely return?
-Is the risk worth the return?
Explanation:
Got it right on e2020
Amelia has a lot of business knowledge and is confident in her abilities to open a successful store. She recently opened a bakery as a sole proprietor. She is expecting a high level of profits and is looking forward to
Answer:
keeping all of the money she earns except for taxes required to pay.
Explanation:
From the above question, Amelia is a sole proprietor. A sole proprietor is an individual that is the sole or exclusive owner of a business. As a sole proprietor, Amelia is entitled to keep all profits after tax payments and is also solely liable for any losses.
Cheers
On January 1, 20x6, Windows Incorporated has $14,218 in partially completed windows in their inventory. During the month of January, they incur another $5,247 to finish the windows, $37,922 to complete another 120 windows, and $9,732 to start 50 more windows. What is the total cost of work in process for the month of January?
Answer:
Explanation:
Work in process is a term used to describe partially completed goods , that are turned from raw materials to finished goods within a shot space of time. Therefore , to calculate the work in process , every cost incurred in the month of January will be relevant
Workings
Opening inventory of partially completed window = 14,218
Cost to finish 5,247
Cost to complete another 120 windows in January 37,922
Cost to start another 50 windows in January 9,732
Cost of work in process 67,119
Colin is a branch manager for a large freight company. He has noticed low morale lately, perhaps because of the cramped quarters, stricter policies, and lack of raises this year. According to Herzberg, Colin should first concentrate on
Answer:
Hygiene factors
Explanation:
Herzberg developed a theory called Two-factor theory in which he talked about motivators that cause positive satisfaction to people and hygiene factors that cause dissatisfaction among people like working environment and salary. Because of this, the answer is that according to Herzberg, Colin should first concentrate on hygiene factors because he needs to know what are the factors that are causing dissatisfaction among the employees.
When you buy at a low price in one market then sell at a higher price in another market you are engaging in:__________
Answer:
The answer is abitrage
Explanation:
Abitrage is sometimes called riskless profit. It is about taking advantage of price difference in the market. Abitrage improves market efficiency because the mispricing are quickly exploited.
Arbitrage involves buying security A at $10 in city X and the same security is being sold for $15 in city Y. If the market participant exploits this mispricing, he is known to engage in abitrage.
Starting from long-run equilibrium, an increase in autonomous investment results in ____ output in the short run and _____ output in the long run.
Answer:
higher and potential output
Explanation:
Starting from long-run equilibrium, an increase in autonomous investment results in higher output in the short run and potential output in the long run.
This is because in concept of economics the long run the prices are at equilibrium and the highest level of real gross domestic product is been attained in contrast to the shortrun where the autonomous investment in increased output than that of before.
What refers to evaluating how well an organization is achieving its goals and taking action to maintain or improve performance?
Answer:
Controlling.
Explanation:
Controlling refers to evaluating how well an organization is achieving its goals and taking action to maintain or improve performance.
It is an important and essential task that needs to be performed by a functional manager, supervisor or employer.
If the first four units of a good consumed have marginal utilities of 8, 4, 2, and 1, respectively, this trend is an indication of the:________
Answer:
The law of diminishing marginal utility
Explanation:
The Law Of Diminishing Marginal Utility states that all else equal as consumption increases the marginal utility derived from each additional unit declines.
Marginal utility was the highest when only one unit was consumed. As consumption increased, marginal utility declined
_____, a term used to describe lost productivity as a result of an employee using a work computer for personal reasons, is certainly another concern technology can create.
Answer:
Cyberloafing
Explanation:
Cyberloafing is a when an employee uses their Internet access at work for personal use while pretending to do legitimate work.
An example of cyberloafing is when an employee is supposed to be entering data on Microsoft excel decides to check her Instagram
Because both cities are located quite far from each other, a company can charge different prices in each without fear of reselling. What prices would it charge in each city
Answer :$3
Explanation:
Considering the distance between each city the company will charge $3 for the top up on each product they sell. Distance contributes to price difference for industries, as their products are being sold in different location there is usually a need to sell with an additional cost by the company to meet up with needs and adjustment caused by the divers location.
A ledger account is divided into. *
2 points
2 parts
3 parts
4 parts
5 parts
14 parts
Which of the following transactions involves contra entry? *
2 points
Bank charges
Cash sales paid into the bank
Paid cash into the bank
Withdrew cash from the bank for private use
Putting it in one's pocket
The main book of account is the *
2 points
petty cash book
journal
purchases book
ledger
none of the options
The following keys are found in both the computer and typewriter except *
2 points
back space
delete key
home row keys
space bar
number lock key
Which of the following analyses cash expenses into various sub-heads? *
2 points
Double column cash book
Multiple cash book
Petty cash book
Single column cash book
Quadruple column cash book
“Continue with the preceding one” is represented with which of these symbol signs in manuscript? *
2 points
L. c
B. U. c
insert
Run on
go away
How many columns has the simplest form of a ledger? *
2 points
2
4
6
8
12
When typing a document in a hanging paragraph, the second and subsequent lines are type in how many space/s to the right of the first line? *
2 points
One
Two
Three
Five
Four
A memorandum should not contain *
2 points
date and reference
date and subject
salutation and address
name and date
subject, date and reference
The source document that is used to prepare the petty cash book is called *
2 points
invoice
debit note
receipt
petty cash voucher
cash booklet
Answer:
1) 2 parts
2) withdrew cash from Bank for personal reasons
3) ledger
4) delete key
5) petty cash book
6) run on
7) 4
8)three
9) date and subject
10) receipt
In which country can prospective employers ask job applicants to report personal characteristics such as age and marital status
The question is incomplete:
In which country can prospective employers ask job applicants to report personal characteristics such as age and marital status:
a. United States
b. India
c. United Kingdom
d. All of these
Answer:
b. India
Explanation:
-In the United States, employers can't ask candidates questions about their origin, age, marital status or other personal information because this would be a violation of the Title VII of the Civil Rights Act of 1964.
-In India, employers can ask candidates about personal information like family, age and marital status.
-In the United Kingdom, employers are not allowed to ask candidates about protected characteristics like age, marital status, disability and sex as this would be considered discrimination.
According to this, the answer is that the country in which prospective employers can ask job applicants to report personal characteristics such as age and marital status is India.
When the agency relationship has been terminated, the licensee is no longer considered the principal’s agent and does not owe any further duties to the principal, except for the following?
a. Loyalty
b. Accounting
c. Obedience
d. Care
Answer:
d. Care
Explanation:
In such a scenario, the licensee does not owe any further duties to the principal except for confidentiality (care of private information). This is because when he was the principal's agent he was bound to maintain all private information shared between them as confidential. Terminating the relationship does not give the licensee the right to share any of the private information that he managed to see during that time.
A company has net working capital of $0, current liabilities of $25 and total assets equal to $100. What is its current ratio?
a) 0.0
b) 1.0
c) 0.5
d) 4.0