Answer: 1. B. Ashley
2. D. Sarah
Explanation:
1. When selecting someone fkr an assignment that involves a high degree of personal responsibility and feedback, it is important that their drive to accomplish the mission is gauged. They must be the type of people that will want to get the job done.
Ashley scored high on Achievement making her the best for this role because she will strive hard to accomplish the task because she loves achieving set targets.
2. Sarah scored high on power but low on affiliation. This means that she a high need to control others and yet a low need to have overly friendly relationship with others. This will help her manage the company well because she yarns to control people and at the same time will be impartial due to her low need for affiliation.
GEICO, the number-two auto insurer with $18 billion in revenue last year, spent $0.9 billion on advertising that year and plans to continue spending the same percentage of sales on advertising next year. The average advertising-to-sales ratio for the insurance industry is 0.2 percent of sales. If GEICO projects $20 billion in sales next year, using the percentage-of-sales method of advertising budgeting, how much will the company budget for advertising if basing it on projected sales?
Answer:
The budget for advertising for the next year will be $1 billion.
Explanation:
Based on the information given in the question, the advertising to sales ratio for GEICO based on its last year data is,
Advertising to sales = Advertising / Sales Revenue
Advertising to sales = 0.9 / 18 = 0.05 or 5%
The advertising to sales ratio for GEICO is much higher than the industry average. If GEICO continues to maintain this ratio for the next year, the budget for advertising will be,
Advertising budget = 20 * 5% = $1 billion
If it uses the industry average ratio, the budget will be,
Advertising budget = 20 * 0.2% = $0.04 billion
As GEICO is expected to maintain its own advertising to sales ratio, the correct answer for advertising budget us $1 billion
Creative Computing sells a tablet computer called the Protab. The $970 sales price of a Protab Package includes the following:One Protab computer. A 6-month limited warranty. This warranty guarantees that Creative will cover any costs that arise due to repairs or replacements associated with defective products for up to six months. A coupon to purchase a Creative Probook e-book reader for $250, a price that represents a 50% discount from the regular Probook price of $500. It is expected that 20% of the discount coupons will be utilized. A coupon to purchase a one-year extended warranty for $60. Customers can buy the extended warranty for $60 at other times as well. Creative estimates that 30% of customers will purchase an extended warranty. Creative does not sell the Protab without the limited warranty, option to purchase a Probook, and the option to purchase an extended warranty, but estimates that if it did so, a Protab alone would sell for $950.Required:1. & 2. Indicated below whether each item is a separate performance obligation and allocate the transaction price of 80,000 Protab Packages to the separate performance obligations in the contract.3. Prepare a journal entry to record sales of 80,000 Protab Packages (ignore any sales of extended warranties). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Answer:
Explanation:
Please check the file attached below for the answer of the question given
I hope it is helpful.
The Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the company’s products is increasing, and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data:Product DemandNext year(units) SellingPriceper Unit DirectMaterials DirectLaborDebbie 53,000 $ 19.00 $ 4.60 $ 4.40Trish 45,000 $ 7.00 $ 1.40 $ 1.76Sarah 38,000 $ 29.00 $ 6.89 $ 6.80Mike 32,000 $ 13.00 $ 2.30 $ 5.20Sewing kit 328,000 $ 8.30 $ 3.50 $ 1.36The following additional information is available: The company’s plant has a capacity of 137,510 direct labor-hours per year on a single-shift basis. The company’s present employees and equipment can produce all five products.The direct labor rate of $8 per hour is expected to remain unchanged during the coming year.Fixed manufacturing costs total $550,000 per year. Variable overhead costs are $2 per direct labor-hour.All of the company’s nonmanufacturing costs are fixed.The company’s finished goods inventory is negligible and can be ignored.Required:1. How many direct labor hours are used to manufacture one unit of each of the company’s five products?2. How much variable overhead cost is incurred to manufacture one unit of each of the company’s five products?3. What is the contribution margin per direct labor-hour for each of the company’s five products?4. Assuming that direct labor-hours is the company’s constraining resource, what is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource?5. Assuming that the company has made optimal use of its 137,510 direct labor-hours, what is the highest direct labor rate per hour that Walton Toy Company would be willing to pay for additional capacity (that is, for added direct labor time)?
Answer:
Explanation:
Requirement 1 and Requirement 2:
Debbie Trish Sarah Mike Sewing Kit
Direct Labor Cost (a) $4.40 $1.76 $6.80 $5.20 $1.36
Labor Cost per hour (b) $8 $8 $8 $8 $8
Required 1 Direct labor hour used ( c) = (a/b) 0.55 0.22 0.85 0.65 0.17
Variable Overhead cost per hour (d) $2 $2 $2 $2 $2
Required 2 Variable Overhead cost ( e) = (c x d) $1.10 $0.44 $1.70 $1.30 $0.34
Requirement 3:
Particulars Debbie Trish Sarah Mike Sewing Kit
Selling Price Per Unit $19.00 $7.00 $29.00 $13.00 $8.30
Less: Variable Cost
Direct Material Cost $4.60 $1.40 $6.89 $2.30 $3.50
Direct Labor cost $4.40 $1.76 $6.80 $5.20 $1.36
Variable Overhead cost $1.10 $0.44 $1.70 $1.30 $0.34
Contribution Margin (a) $8.90 $3.40 $13.61 $4.20 $3.10
Direct Labor hour used (b) 0.55 0.22 0.85 0.65 0.17
Required 3 Contribution Margin per direct labor hour (a/b) $16.18 $15.45 $16.01 $6.46 $18.24
Ranking 2 4 3 5 1
Requirement 4:
Debbie Trish Sarah Mike Sewing Kit Total
Demand Next Year…..(a) 53,000 45,000 38,000 32,000 328,000
Direct Labor hour used….(b) 0.55 0.22 0.85 0.65 0.17
Total direct labor hour needed…..(c ) = (a x b) 29150 9900 32300 20800 55760 147910
Ranking 2 4 3 5 1
Direct Labor hour used…(g) 29150 9900 32300 10,400 55760 137510
Contribution per direct labor hour..(e ) $16.18 $15.45 $16.01 $6.46 $18.24
Required 4 Total Contribution….(f) = (c x g) $471,647.00 $152,955.00 $517,123.00 $67,184.00 $1,017,062.40 $2,225,971.40
Requirement 5:
Additional Contribution due to additional capacity = (147,910 - 137,510) x $6.46
...............................................................................= 10,400 x 6.46
...............................................................................= $67,184
Highest direct labor rate per hour = $8 + $6.46
......................................................= $14.46
With practical illustrations, discuss how managers can leverage organizational behavior components to maximize business success.
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The question basically need explanation. It is not a multiple question where u will answer it in a form of ABCD. It is theorical.
Explanation:
Johnson Corp. has two divisions, Division A and Division B. Division B has asked Division A to supply it with 5,000 units of part WD26 this year to use in one of its products. Division A has th capacity to produce 25,000 units of part WD26 per year. Division A expects to sell 21,000 units of part WD26 to outside customers this year at a price of $20.00 per unit. To fill the order from Division B, Division A would have to cut back its sales to outside customers. Division A's variable manufacturing cost (direct labor + direct material + variable overhead) for part WD26 is $12.00 per unit. The variable selling cost when selling to outside customers is $2.00 per unit. This variable selling cost would not have to be incurred on sales of the parts to Division B.
1. Calculate Division A's minimum acceptable transfer price.
2. Baker Inc. has approached Division B and has offered to sell 5,000 units of the part for $18 per unit. Division B can either purchase the part from Baker Inc. or transfer it from Division A. How much does the overall profit of Johnson Inc. increase or decrease, if Division B accepts Baker's offer and declines to transfer any units from Division A.
Answer:
1. $13.50
2. Decrease in Profit : $ 22,500
Explanation:
Minimum Transfer Price = Variable Costs - Internal Savings + Opportunity Cost
= $12.00 + $2.00 - $2.00 + 1,000/4,000 × ($20.00 - ($12.00 + $2.00))
= $12.00 + $1.50
= $13.50
Maximum Transfer Price can never be more than what the receiving division (Division B can purchase externally)
Maximum Transfer Price = $18.00
Division B will incur more costs when it accepts Baker's offer and declines to transfer any units from Division A. Hence decrease in Profit)
Decrease in Profit = 5,000 units × ($18.00 - $13.50)
= $ 22,500
What logistical decisions would you make to ship bread from a warehouse to a grocery store that is two. hours away?
Answer:
They would have to decide between weight or quality, the classic decision between quantity or quality!
Highpoint, Inc., is considering investing in automated equipment with a ten-year useful life. Managers at Highpoint have estimated the cash flows associated with the tangible costs and benefits of automation, but have been unable to estimate the cash flows associated with the intangible benefits. Using the company's 14% required rate of return, the net present value of the cash flows associated with just the tangible costs and benefits is a negative $182,560.
Required:
1. How large would the annual net cash inflows from the intangible benefits have to be to make this a financially acceptable investment?
Answer:
The annual net cash inflows from the intangible benefits have to be $35,000 to make this a financially acceptable investment
Explanation:
According to the given data we have the following:
required rate of return=14%
Negative net present value=$182,560
Therefore, in order to calculate How large would the annual net cash inflows from the intangible benefits have to be to make this a financially acceptable investment we would have to use the following formula:
Minimum annual cash flows required=Negative net present value/Present value factor at 14% for 10 years
Present value factor at 14% for 10 years=5.216
Therefore, Minimum annual cash flows required=$182,560/5.216
Minimum annual cash flows required=$35,000
The annual net cash inflows from the intangible benefits have to be $35,000 to make this a financially acceptable investment
When the Constitution was adopted in 1789, why was the federal government granted the authority to raise taxes?
PBMF
Answer: Debt Payment, National Defense and Welfare of the United States
Explanation:
When the Articles of the Confederation which was the first Constitution of the United States was ratified in 1781, it included a clause that empowered the State Governments to decide what to give to Congress. Some of them gave less and some gave nothing of what they were supposed to give.
Congress was therefore powerless and risked falling apart and with it, the Central Government.
The Constitution of 1789 changed this by including the 'Taxing and Spending' clause.
This clause gave Congress the right to impose taxes. The clause states that Congress can levy taxes to enable it to pay off American debt as well as for the defense and general welfare of American citizens.
c. Jessica Tate borrows $2,000 at a 10 percent add-on rate for two years. What is the finance charge?
Answer:
$400.
Explanation:
The simple interest is given by the formula below;
[tex]I = PRT[/tex]
Where;
I = Interest or Finance charge.
P = Principal
.
R = Rate.
T = Time (in years).
Given the following parameters;
I =?,
P = $2,000
R = 10% = 0.1
T = 2 years
Substituting into the formula, we have;
I = 2000 * 0.1 * 2
I = $400.
Hence, the finance charge is $400.
The following are Silver Corporation's unit costs of making and selling an item at a volume of 8,000 units per month (which represents the company's capacity):
Manufacturing:
Direct materials $4
Direct labor $5
Variable overhead $2
Fixed overhead $8
Selling and administrative:
Variable $1
Fixed $6
Present sales amount to 7,000 units per month. An order has been received from a customer in a foreign market for 1,000 units. The order would not affect regular sales. Total fixed costs, both manufacturing and selling and administrative, would not be affected by this order. The variable selling and administrative costs would have to be incurred for this special order as well as all other sales. Assume that direct labor is a variable cost. Assume the company has 50 units left over from last year which have small defects and which will have to be sold at a reduced price for scrap. The sale of these defective units will have no effect on the company's other sales. Which of the following costs is relevant in this decision?
a. $19 unit product cost
b. $11 variable manufacturing cost
c. $26 full cost
d. $1 variable selling and administrative cost
Answer:
$19 unit product cost - Not relevant
b. $11 variable manufacturing cost - Relevant
c. $26 full cost - Not relevant
d. $1 variable selling and administrative cost- Relevant
Explanation:
A relevant cost is an incremental cost future cash cost which is incurred as a direct consequence of a decision. Note that for any of the cost to be considered as relevant for the special order, such cost must satisfy all of the following criteria:
Future, cash flow and a rises a direct consequence.
So we shall apply these criteria to the question
a. $19 unit product cost : Not relevant because it includes an item of fixed cost of $2 which would incurred either way
$11 variable manufacturing cost: Relevant because it includes all the variable costs which would have to be incurred if the order is accepted
$26 full cost Not relevant because it includes items of fixed manufacturing and fixed selling costs of $14 i.e (8+6) which would incurred either way.
$1 variable selling and administrative cost : Relevant because it would be incurred if the special order is accepted
$19 unit product cost - Not relevant
b. $11 variable manufacturing cost - Relevant
c. $26 full cost - Not relevant
d. $1 variable selling and administrative cost- Relevant
A relevant cost is each future monetary expenditure that is incurred as a direct result of a choice. It should be emphasized that any expense taken into account for the particular order must meet all of the following criteria:
In conclusion, the growth, working capital, and a climb. As a result, we'll use these criteria to respond to the questions.The answers of the following are:
a. $19 unit product cost - Not relevant
b. $11 variable manufacturing cost - Relevant
c. $26 full cost - Not relevant
d. $1 variable selling and administrative cost- Relevant
a. $19 unit product cost: This is irrelevant since it contains a $2 set rate that would be incurred anyway.
$11 variable manufacturing cost: This is essential since it covers all of the various costs that must be paid if the order is approved. The full price is $26. It is irrelevant since it contains $14 in permanent manufactured and facilitator expenditures, i.e. (8+6), which would be incurred regardless of the outcome. $1 variable selling and administration cost: This is essential since it will be payable if the custom order is granted. The cost of a $19 unit product is negligible.
b. Variable manufacturing cost of $11 -
c. $26 full price - unimportant
d. $1 in variable selling and administrative costs- Relevant
To know more about the categories of the relevant and not relevant, refer to the link below:
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On August 1, 2014, Rafael Masey established Planet Realty, which completed the following transactions during the month:
a. Rafael Masey transferred cash from a personal bank account to an account to be used for the business, $17,500.
b. Purchased supplies on account, $2,300.
c. Earned sales commissions, receiving cash, $13,300.
d. Paid rent on office and equipment for the month, $3,000.
e. Paid creditor on account, $1,150.
f. Withdrew cash for personal use, $1,800.
g. Paid automobile expenses (including rental charge) for month, $1,500, and miscellaneous expenses, $400.
h. Paid office salaries, $2,800.
i. Determined that the cost of supplies used was $1,050.
Instructions
1. Journalize entries for transactions (a) through (i), using the following account titles: Cash; Supplies; Accounts Payable; Rafael Masey, Capital; Rafael Masey, Drawing; Sales Commissions; Rent Expense; Office Salaries Expense; Automobile Expense; Supplies Expense; Miscellaneous Expense. Journal entry explanations may be omitted.
2. Prepare T accounts, using the account titles in (1). Post the journal entries to these accounts, placing the appropriate letter to the left of each amount to identify the transactions. Determine the account balances, after all posting is complete. Accounts containing only a single entry do not need a balance.
3. Prepare an unadjusted trial balance as of August 31, 2014.
4. Determine the following:
a. Amount of total revenue recorded in the ledger.
b. Amount of total expenses recorded in the ledger.
c. Amount of net income for August.
5. Determine the increase or decrease in owner’s equity for August
Answer:
1) Journalize entries for transactions (a) through (i)
a. Rafael Masey transferred cash from a personal bank account to an account to be used for the business, $17,500.
Dr Cash 17,500 Cr Rafael Masey, capital 17,500b. Purchased supplies on account, $2,300.
Dr Supplies 2,300 Cr Accounts payable 2,300c. Earned sales commissions, receiving cash, $13,300.
Dr Cash 13,300 Cr Sales commissions 13,300d. Paid rent on office and equipment for the month, $3,000.
Dr Rent expense 3,000 Cr Cash 3,000e. Paid creditor on account, $1,150.
Dr Accounts payable 1,150 Cr Cash 1,150f. Withdrew cash for personal use, $1,800.
Dr Rafael Masey, drawings 1,800 Cr Cash 1,800g. Paid automobile expenses (including rental charge) for month, $1,500, and miscellaneous expenses, $400.
Dr Automobile expenses 1,500Dr Miscellaneous expenses 400 Cr Cash 1,900h. Paid office salaries, $2,800.
Dr Office salaries expense 2,800 Cr Cash 2,800i. Determined that the cost of supplies used was $1,050.
Dr Supplies expense 1,050 Cr Supplies 1,0502) Prepare T accounts
Cash
Debit Credit
a. 17,500 d. 3,000
c. 13,300 e. 1,150
f. 1,800
g. 1,900
h. 2,800
20,150
Rafael Masey, capital
Debit Credit
a. 17,500
Rafael Masey, drawings
Debit Credit
f. 1,800
Supplies
Debit Credit
b. 2,300 i. 1,050
1,250
Accounts payable
Debit Credit
e. 1,150 b. 2,300
1,150
Sales commissions
Debit Credit
c. 13,300
Rent expense
Debit Credit
d. 3,000
Automobile expense
Debit Credit
g. 1,500
Miscellaneous expense
Debit Credit
g. 400
Office salaries expense
Debit Credit
h. 2,800
Supplies expense
Debit Credit
i. 1,050
3) Prepare an unadjusted trial balance as of August 31, 2014.
Assets
Cash $20,150
Supplies $1,250
total assets = $21,400
Liabilities + Equity
Accounts payable $1,150
Rafael Masey, capital $20,250
total liabilities and equity = $21,400
4) a. Amount of total revenue recorded in the ledger.
$13,300b. Amount of total expenses recorded in the ledger.
$8,750c. Amount of net income for August.
$4,5505) Determine the increase or decrease in owner’s equity for August
owner's equity increased by $4,550 during AugustWith practical illustrations, discuss how managers can leverage organizational behavior components to maximize business success.
Answer:
b
Explanation:
In late December you​ decide, for tax​ purposes, to sell a losing position that you hold in​ Twitter, which is listed on the​ NYSE, so that you can capture the loss and use it to offset some capital​ gains, thus reducing your taxes for the current year.​ However, since you still believe that Twitter is a good​ long-term investment, you wish to buy back your position in February the following year. To get this done you call your Charles Schwab brokerage account manager and request that he immediately sell your 1 comma 200 shares of Twitter and then in early February buy them back. Charles Schwab charges a commission of ​$4.95 for online stock trades and for​ broker-assisted trades there is an additional ​$25 service​ charge, so the total commission is ​$29.95.
a. Suppose that your total transaction costs for selling the 1,400 shares of Twitter in December were $59.95. What was the bid/ask spread for Twitter at the time your trade was executed?
b. Given that Twitter is listed on the NYSE, do your total transaction costs for December seem reasonable? Explain why or why not.
c. When your February statement arrives in the mail, you see that your total transaction costs for buying the 1,400 shares of Twitter were $47.95. What was the bid/ask spread for Twitter at the time your trade was executed?
d. What are your total round-trip transaction costs for both selling and buying the shares, and what could you have done differently to reduce the total costs?
Answer:
a. The Bid/Ask spread is $0.03.
b. The statement is “False”.
c. The Bid/Ask spread at the time trade was executed is $0.02.
d. The Total Round-Trip Transaction Costs is $107.90 and the Bid/Ask spread is $0.09. It is important to have a lower commission charge. So the correct statement is “Statement C”.
Explanation:
Please check the file attached below to see the solution to given question
On September 1, 2018, Able Company purchased a building from Regal Corporation by paying $580,000 cash and issuing a one-year note payable for the balance of the purchase price. Interest on the note is stated at an annual rate of 11% and is paid at maturity. In its December 31, 2018, balance sheet, Able correctly presented the note and interest payable as follows:
Interest Payable: $ 19,800
Notes Payable, 11% due September 1, 2019 $540,000
1. How much must Able pay Regal Corporation on September 1, 2019, when the note matures?
2. What is the amount of the interest expense Able will recognize on this note in 2019?
3. What is the total cash (including interest) paid for the building purchased by Able?
4. The company's annual payroll-related expenses amount to approximately?
Answer:
1. Able must pay Regal Corporation $599,400 on September 1, 2019, when the note matures.
2. The amount of Interest Able will recognize on this Notes Payable is 39,600
3. The total cash (including interest) paid for the building purchased by Able is $1,179,400
4. Payroll related expense does not come into picture in this question. So it is not answered.
Explanation:
1. According to the given data we have the following:
Rate of Interest = 11%
Therefore:
Year Amount Interest
September 1, 2018 $540,000
December 31, 2018 $19,800
September 1, 2019 $39,600
Total $540,000 $59,400
Therefore, Total Payable=Notes payable+Interest 540000 Total Payable= $540,000+$59,400
Total Payable=$599,400
Able must pay Regal Corporation $599,400 on September 1, 2019, when the note matures.
2. The amount of Interest Able will recognize on this Notes Payable is 39,600
3. To calculate The total cash paid for building purchased by Able including interest we have to make the following calculation:
Total cash paid for purchase of building=Cash paid at the time of purchase of building+Notes payable+Interest
Total cash paid for purchase of building=$580,000+$540,000+$59,400
Total cash paid for purchase of building=$1,179,400
The total cash (including interest) paid for the building purchased by Able is $1,179,400
4. Payroll related expense does not come into picture in this question. So it is not answered.
Prepare Journal Entries in a Purchases Journal Guardian Services Inc. had the following transactions during the month of April: Apr. 4. Purchased office supplies from Officemate Inc. on account, $415. Apr. 9. Purchased office equipment on account from Tek Village Inc., $2,460. Apr. 16. Purchased office supplies from Officemate Inc. on account, $185. Apr. 19. Purchased office supplies from Paper-to-Go Inc. on account, $195. Apr. 27. Paid invoice on April 4 purchase from Officemate Inc. a. Prepare a purchases journal to record the April purchase transactions for Guardian Services Inc. If an amount box does not require an entry, leave it blank. If no entry is required in "Other Accounts Dr." then select "No entry required".
Answer:
Apr. 4.
Office Supplies $415 (debit)
Accounts Payable - Officemate Inc. $415 (credit)
Apr. 9
Office Equipment $2,460 (debit)
Accounts Payable - Tek Village Inc. $2,460 (credit)
Apr. 16.
Office Supplies $185 (debit)
Accounts Payable - Officemate Inc. $185 (credit)
Apr. 19
Office Supplies $195 (debit)
Accounts Payable - Paper-to-Go Inc. $195 (credit)
Apr. 27
Accounts Payable - Officemate Inc. $415 (debit)
Cash $415 (credit)
Explanation:
Recognise a Liability - Accounts Payable for each purchase on Account.
De-recognise the liability when amount is settled.
Pharoah Company compiled the following financial information as of December 31, 2022:
Service revenue $1171000
Common stock 233000
Equipment 319000
Salaries and wages expense 390000
Rent expense 97500
Depreciation expense 487500
Cash 276000
Dividends 83000
Supplies 39000
Accounts payable 155000
Accounts receivable 110000
Retained earnings, 1/1/22 567000
Pharoah's total assets at December 31, 2022 are: _________.
Answer: $913000
Explanation:
The net income must be calculated first. This will be:
Net income = Service revenue – (Salaries + Rent + Depreciation)
= 1171000 - (390000+97500+487500)
= 1171000 - 975000
= $196000
Now, the retained earnings has to be calculated. This will be:
Retained earnings (31/12/2022) = Beginning + Net income – Dividends
= 567000+196000-83000
= $680000
Now, the tockholders’ equity will be:
Stockholders’ equity= Common stock+Retained earnings(31/12/2022)
= $233000+$680000
= $913000
Baldwin has a new design for their product Bill next round that can reduce their material cost of producing units from $8.14 to $7.32. Baldwin passes on half of all cost savings by cutting the current price to customers. For simplicity:
- Use current labor costs of $4.17
- Assume all period costs as reported on Baldwin's Income Statement (Annual Rpt Pg 2) will remain the same.
Determine how many units (000) of product Bill would need to be sold next round to break even on the product.
Answer:
Hie, the information you have provided is incomplete.
However important information is explained as follows :
To calculate Break - even Point use the formula;
Break even Point (units) = Total Budgeted Fixed Costs / Contribution per unit
Break even Point is the level of operation at which a firm neither makes a profit nor a loss.
Contribution is Calculated as :
Sales : No information xxxx
Less Variable Costs ( Materials + Labor) $11,49
Contribution per unit xxxx
basic similarity and different between BAUM, UNIDO, DEPSA project life cycle
Answer:
BAUM, UNIDO, and DEPSA all refer to types of project development cycles.
A. The BAUM project lifecycle refers to the World Banks' project development cycle as described by Warren Baum.
The BAUM project life cycle features 6 stages namely:
identification of opportunity preparation for the project appraisal of the project negotiations related to the project implementation and supervision of the project and ex-post evaluationB. UNIDO - The UNIDO model features three major stages which are also broken down into various steps.
Pre-investment phase
This phase is further divided into:
A study of the opportunity presented. This has to do with identifying ideas to be invested in. Pre-feasibility study. This stage involves the formulation, and selection of project alternatives) Feasibility study. When the project is selected, then it is tested to economic feasibility. Submission of report on the evaluation
2. Investment phase
This stage is further broken down into:
Project design stage: At this stage, the criteria for success, and key deliverables are spelt out. Construction stage (For engineering or building projects) Pre-production marketing stage Training of staff Kick-off stage3. Operational phase
This is also broken down into:
Replacement of equipment due to wear and tear or upgrade to better technologies
Development, invasion or liquidation states.
C. DEPSA stands for "Development Project Studies Authority".
This variant of the Project Lifecycle also consists of three major stages. They are:
Pre-investment phase Investment and Operation
The DEPSA stage is very similar to the UNIDO project life cycle. Both are defined according to an Investment Cycle paradigm and that's the reason why you have pre-investment, investment and operations phase for both methodologies.
Whilst the UNIDO model is more 'universal' in that it speaks to a wide range of businesses including engineering projects, DEPSA seems a little skewed towards engineering projects.
This is evident in the terminologies used in the investment phases. With DEPSA you would notice terms like 'detailed engineering design'
'construction', and 'erection'. The UNIDO the investment phase contains engineering terms but also speaks to 'marketing' and 'training'
While the BAUM project lifecycle contains all the basic stages in the DEPSA and UNIDO life cycles, it holds a universal outlook and seems applicable to both business and engineering projects.
Cheers!
The basic similarities and differences between the BAUM, UNIDO, DEPSA project life cycles are shown below:
The basic similarities between them all is that:
They are all project development cyclesThe basic differences between them is that:
They develop their respective programs in different phases.With this in mind, we know that a project development cycle has to do with the ways in which potential opportunities are identified and the various steps which a project manager has to take in order to take advantage of the project and make it a reality.
Read more about project life cycle here:
https://brainly.com/question/25231696
Presented below is selected information for Sandhill Company. Answer the questions asked about each of the factual situations. (Do not leave any answer field blank. Enter 0 for amounts.) 1. Sandhill purchased a patent from Vania Co. for $1,190,000 on January 1, 2018. The patent is being amortized over its remaining legal life of 10 years, expiring on January 1, 2028. During 2020, Sandhill determined that the economic benefits of the patent would not last longer than 6 years from the date of acquisition. What amount should be reported in the balance sheet for the patent, net of accumulated amortization, at December 31, 2020?
Answer:
$714,000
Explanation:
Amortization is the systematic allocation of the cost of an intangible asset to the income statement. While depreciation happens to a tangible asset, amortization happens to an intangible asset such as patent, trademark etc.
Mathematically,
Amortization
= Cost of asset / estimated useful life
= $1,190,000/10
= $119,000
At the start of 2020,
Carrying amount of patent
= $1,190,000 - 2($119,000)
= $952,000
Annual amortization from then, given that economic benefits of the patent would not last longer than 6 years from the date of acquisition (hence 4 years remaining)
= $952,000/4
= $238,000
Carrying amount reported in the balance sheet for the patent, net of accumulated amortization, at December 31, 2020
= $952,000 - $238,000
= $714,000
Butler Corporation is considering the purchase of new equipment costing $45,000. The projected annual after-tax net income from the equipment is $1,700, after deducting $15,000 for depreciation. The revenue is to be received at the end of each year. The machine has a useful life of 3 years and no salvage value. Butler requires a 12% return on its investments. The present value of an annuity of $1 for different periods follows: Periods 12% 1 0.8929 2 1.6901 3 2.4018 4 3.0373 What is the net present value of the machine?
Answer:
-$4,889.94
Explanation:
The computation of the net present value is shown below:
Net present value = Present value after considering the depreciation and discounting factor - initial investment
where
Present value is
= After-tax net income + Depreciation expense
= $1,700 + $15,000
= $16,700
And its discounting factor is 2.4018
So, the present value is
= $16,700 × 2.4018
= $40,110.06
And, the initial investment is $45,000
So, the net present value is
= $40,110.06 - $45,000
= -$4,889.94
The quality assurance manager is assessing the capability of a process that puts pressurized grease in an aerosol can. The design specifications call for an average of 60 pounds per square inch of pressure in each can, with an upper specification limit of 65 psi and a lower specification limit of 55 psi. A sample is taken from production and it is found that the cans average 61 psi, with a standard deviation of 2 psi. Also, the process will stop if the process starts making cans that are more than three standard deviations above or below the average. What is the capability index of this production process?
Answer:
A sample is taken from production and it is found that the cans average 61 psi with a standard deviation of 2 psi.
Explanation:
After the checks of the QC manager, it is deduced that a sample is been taken from the production and it is also found that the kergs average 61 psi woth a standard deviation of 2 psi.
Hydraulic fittings are available in threaded, thread-forming, rivet and drive styles. They are available in different angled configurations and a wide variety of extension lengths to allow you to position the fitting for easy access with a grease gun on different types of equipment.
Another factor to consider is the type of grease fittings used in the facility. Most fittings have a ball check in the head of the fitting, which prevents dirt from getting to the bearing. The spherical contour of the fitting head provides a ball-and-socket joint between the fitting and the hydraulic coupler of the grease gun. The most common fitting is the hydraulic fitting, available in standard and metric sizes.
What are the four basic operating principles of the information processing cycle?
information, storage, input, processing
gathering, input, output, processing
input, gathering, software, output
input, processing, output, storage
Answer:
the answer is D
Explanation:
input, processing , output, and storage
The four basic operating principles of the information processing cycle are - Input, processing, output, and storage. Therefore, (D) is the correct option.
What is Information processing?Information processing is a method of capturing information in using it in the desired manner. In present times, this term is generally used for computer-based operations.
The information processing cycle is a method to process the obtained information. Input, processing, output, and storage are the four major principles of the information processing cycle. Therefore, (D) is the correct option.
To know more about, Information processing, visit the link below:
https://brainly.com/question/27178394
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The Pet Company has recently discovered a type of rock which, when crushed, is extremely absorbent. It is expected that the firm will experience (beginning now) an unusually high growth rate (20%) during the period (3 years) when it has exclusive rights to the property where this rock can be found. However, beginning with the fourth year the firm's competition will have access to the material, and from that time on the firm will assume a normal growth rate of 8% annually. During the rapid growth period, the firm's dividend payout ratio will be relatively low (20%), to conserve funds for reinvestment. However, the decrease in growth will be accompanied by an increase in dividend payout to 50%. Last year's earnings were $2.00 per share (E0) and the firm's cost of equity is 10%. What should be the current price of the common stock?
Answer:
$70.26
Explanation:
Dividend payout ratio = Dividend per share / Earning per share
r = cost of equity = 10%, or 0.10
Discounting factor = 1 /(1 + r)^n
n = year
a. For during the rapid growth period
Dividend payout ratio = 20%, or 0.20
Growth rate = 20%, or 0.20
Earnings per share in year 1 = Last year's earnings per share * (1 + Growth rate) = $2 * (1 + 0.20) = $2.40 per share
Dividend per share in year 1 = Dividend payout ratio * Earning per share in year 1 = 0.20 * $2.40 = $0.48 per share
PV of year 1 dividend per share = $0.48 * (1/1.10^1) = $0.436363636363636
Earnings per share in year 2 = Earnings per share in year 1 * (1 + Growth rate) = $2.40 * (1 + 0.20) = $2.88 per share
Dividend per share in year 2 = Dividend payout ratio * Earning per share in year 2 = 0.20 * $2.88 = $0.5760 per share
PV of year 2 dividend per share = $0.5760 * (1/1.10^2) = $ 0.47603305785124
Earnings per share in year 3 = Earnings per share in year 2 * (1 + Growth rate) = $2.88 * (1 + 0.20) = $3.4560 per share
Dividend per share in year 3 = Dividend payout ratio * Earning per share in year 3 = 0.20 * $3.4560 = $0.6912 per share
PV of year 3 dividend per share = $0.6912 * (1/1.10^3) = $0.51930879038317
b. For during the slow growth period
Dividend payout ratio = 50%, or 0.50
Growth rate = 8%, or 0.08
Earnings per share in year 4 = Earnings per share in year 3 * (1 + Growth rate during slow growth) = $3.4560 * (1 + 0.08) = $3.73248
Dividend per share in year 4 = Dividend payout ratio * Earning per share in year 4 = 0.50 * $3.73248 = $1.86624 per share
Dividend per share in year 5 = Dividend per share in year 4 * (1 + Growth rate during slow growth) = $1.86624 * (1 + 0.08) = $2.0155392
Stock price in year 4 = Dividend per share in year 5 / (r - Growth rate during slow growth) = $2.0155392 / (0.10 - 0.08) = $100.77696
PV of stock price in year 4 = $100.77696 * (1/1.10^4) = 68.8320196707875
c. Calculation of the current price of the common stock
Current price of the common stock = PV of year 1 dividend per share + PV of year 2 dividend per share + PV of year 3 dividend per share + PV of stock price in year 4 = $0.436363636363636 + $0.47603305785124 + $0.51930879038317 + $68.8320196707875 = $70.26
Therefore, the current price of the common stock is $70.26.
Choose the best answer:
O Investment decisions should be based upon the criterion that a project's expected return must be less than the weighted marginal cost of capital (WMCC) for the firm.
O The weighted average cost of capital will rise whenever there is a rise in the cost of any one of the capital sources.
O The level of total financing at which the cost of one of the capital sources rises is called a breaking point.
O All statements are correct.
O All statements are incorrect.
Answer:
Option B is correct.
Explanation:
Option A is incorrect because the expected return must be greater than the marginal cost of the capital which means that the Net Present Value must be positive.
Option B is correct because the increase in cost of debt or capital would increase the weighted average cost of capital. This is because weighted average cost of capital is directly proportional to cost of capital sources.
Option C is incorrect because its not the cost of one of the capital sources, actually it is the weighted average cost of capital which when starts increasing at a point due to increase in the level of financing is known as breaking point.
So the only statement that is correct is option B.
Kindly don't forget to rate the answer. Thanks
An operations manager is performing a factor-rating analysis to help her choose an outsourcing provider. She is focusing on three factors: A, B, and C, with weights of .50, .20, and .30, respectively. She has scored one potential outsourcer, Ling Services, on each of the factors using a scale of 10-50. Ling Services received a score of 30 for factor A, 46 for factor B, and 22 for factor C. What is the factor-rating score for Ling Services
Answer:
30.8
Explanation:
The solution of factor-rating score for Ling Services is provided below:-
Factor-rating score = (Weight for Factor A × Rating for Factor A) + (Weight for Factor B × Rating for Factor B) + (Weight for Factor C × Rating for Factor C)
= (0.50 × 30) + (0.20 × 46) + (0.30 × 22)
= 15 + 9.2 + 6.6
= 30.8
So, we have calculated the factor-rating score for Ling Services by using the above formula.
The payroll register of Castilla Heritage Co. indicates $1,920 of social security withheld and $480 of Medicare tax withheld on total salaries of $32,000 for the period. Federal withholding for the period totaled $5,440.
Retirement savings withheld from employee paychecks were $2,600 for the period.
Required:
Provide the journal entry for the period's payroll. If an amount box does not require an entry, leave it blank.
Answer and Explanation:
The Journal entry is following below:
Salary Expense Dr,$32,000
To Social Security Tax Payable $1,920
To Medicare Tax Payable $480
To Federal Withholding Tax Payable $5,440
To Retirement Contribution Payable $2,600
To Salaries Payable $21,560
(Being period's payroll is recorded)
Therefore, we debited the salary expenses as expenses is increasing while we credited the social security taxes payable, medicare tax payable, federal withholding tax payable, retirement contribution payable and salaries payable as its increasing the liabilities.
Strategic thinking is different from strategic planning in that ________.
A) strategic thinking relies more on hard data than strategic planning.
B) strategic thinking is regimented and confining, whereas strategic planning is more flexible.
C) strategic thinking includes all types of information sources while strategic planning does not.
D) strategic thinking can create an illusion of control, whereas strategic planning avoids this.
Answer:
C) strategic thinking includes all types of information sources while strategic planning does not.
Explanation:
The strategic thinking is the process in which the lower level of management involves which make the needs according to the company needs. In this, the managers focused on all types of information regarding the employee qualifications, skills, expertise etc and other matters of the company.
While on the other hand, the strategic planning is done by high level of management that involves the big decision of the company through which the company future could become better. Moreover it does not involves all types of information but involves only important matters i.e to be used for the long run
During 2012, Walker Corporation acquired 500 shares of Wychek stock at $30 per share. Walker Corporation accounted for the stock as available-for-sale securities. All declines in market value are considered to be temporary. The market price per share of Wychek’s stock as of December 31, 2012 and 2013, is $22.50 and $37.50, respectively. Given this information, the correct adjusting entry by walker at December 31, 2013, would include a credit to
A.Market Adjustment – Available-for-Sale Securities of $3,750
B.Unrealized Increase in Value of Available-for-Sale Securities – Equity of $7,500
C.Market Adjustment – Available-for-Sale Securities of $7,500
D.Unrealized Increase in Value of Available-for-Sale Securities – Equity of $3,750
Answer: B.Unrealized Increase in Value of Available-for-Sale Securities Equity of $7,500
Explanation:
Walker acquired the 500 shares at a price of $30 in 2012. At the end of 2012 however, the shares were worth $22.50.
At the end of 2013, it is stated that the shares are now worth $37.50 meaning they increased in value.
The value of the increase is therefore the difference between the most recent previous price and the new price,
= 500 shares * ( 37.50 - 22.50)
= $7,500
Available for Sale Securities Account should therefore see an increase of $7,500 because of the increase in price from the end of 2012 to the end of 2013.
It is worthy of note that at the end of 2012, the account decreased by the difference between the purchase price of $30 and the end of 2012 price of $22.50. This is why at the end of 2013, the price used as the previous price was $22.50.
Itâs mid âJanuary and football season is quickly coming to a close⦠That means itâs time for the SUPERBOWL!!!! So letâs have some fun and throw a Superbowl* party for 30 of our closest friends. With 2 weeks to go, letâs put your Project Management skills to use so we can plan, prepare for and host an epic party.Required:1) What is the objective of your project? What does success look like? State it in your words.2) What are the key tasks or activities leading up to and during the party itself; list out at least 25. Consider how long it will take to perform each of the tasks. An estimate is fine. For example, if one of your tasks is to "Thaw out the frozen chicken wings", you might estimate 4 hours for this.3) Do any tasks have to be completed before others can start, meaning for the identified tasks are there any predecessors? Which tasks are truly independent?4) Using excel or a hand drawing, draft out a project schedule, showing the order of tasks from start to finish. Identify the critical path.5) Do you have enough time to get ready for the party? If so, when do you have to start your first activity?6) Uh-oh⦠your car broke down and you couldnât get it fixed in time to start shopping for your project plan. You are now 1 day behind schedule. How can you crash the schedule? At what cost (approximate)?7) Other than your car breaking down, what are the key risks to your schedule? Identify at least 3 risks and discuss how you might mitigate them.
Answer:
the risk is you get detension
Explanation:
Identify the relevant total quality management (TQM) technique
When a defense company needed to create quality software, they brought representatives from the Quality Assurance (QA) group in to work with software and systems engineers. The QA group found that peer reviews were the best way to catch software bugs, and they shared their knowledge with the head of software engineering. Working together with the engineers, the QA group started a system of peer reviews and formal inspections, and together, the group decreased the number of problems in the software the company produced.
A. Quality partnering
B. Continuous improvement
C. Quality circle
D. Benchmarking
Answer:
Option A
Explanation:
In simple words, Quality partnership and strategic partnership render the industrial sector with a great intersection for cooperative relationships. Partnership is important for the overall product primarily because the consumer decides the price in the industry.
Dynamic collaboration between companies provides for ongoing development of procedures and goods, client-supplier partnerships and consumer loyalty. External collaboration within an company may strengthen partnerships within an organisation between the staff and divisions.