An organization's culture reflects the set of values that guide its employees' behavior. These values shape the way employees interact with each other, as well as with clients and customers.
An organization's culture is a combination of shared beliefs, values, and practices that influence the attitudes and actions of its members. It is often shaped by the organization's history, leadership, and mission. A strong culture can promote productivity, employee satisfaction, and a sense of community within the organization. On the other hand, a weak or toxic culture can lead to low morale, high turnover, and a negative reputation. Therefore, it is important for organizations to actively cultivate a positive culture that aligns with their philosophy and values. This can be achieved through regular communication, training, and reinforcement of desired behaviors.
To know more about Organization's culture refer :
https://brainly.com/question/14965381
#SPJ11
azmi is single and the sole proprietor of a law practice. this year the law practice has qualified business income of $187,500. w-2 wages were $220,000 and the unadjusted basis of qualified property is $80,000. assume azmi has no other income or deductions. the section 199a threshold amount for the year is $157,500. what is azmi's qbi deduction?
Azmi's QBI deduction is $30,000.
To calculate Azmi's QBI deduction, we first need to determine his taxable income. Since he has no other income or deductions, his taxable income is equal to his qualified business income (QBI) of $187,500.
Next, we need to determine if Azmi is eligible for the QBI deduction. The threshold amount for the year is $157,500, and since Azmi's taxable income exceeds this amount, he is subject to a phase-out of the QBI deduction.
To calculate the deduction, we need to determine the lesser of two amounts: 20% of QBI or the greater of 50% of W-2 wages or 25% of W-2 wages plus 2.5% of the unadjusted basis of qualified property.
In this case, 20% of QBI is $37,500 (i.e., $187,500 x 20%). However, since Azmi's taxable income exceeds the threshold amount, we need to calculate the phase-out of the deduction.
The phase-out is calculated as 5% of the amount by which Azmi's taxable income exceeds the threshold amount. In this case, the phase-out amount is 5% x ($187,500 - $157,500) = $15,000.
Therefore, the maximum QBI deduction for Azmi is $37,500 - $15,000 = $22,500.
However, this amount is less than the greater of 50% of W-2 wages or 25% of W-2 wages plus 2.5% of the unadjusted basis of qualified property, which is $110,000 (i.e., 50% x $220,000). Therefore, Azmi's QBI deduction is limited to $30,000 (i.e., the lesser of $22,500 and $30,000).
For more questions like Income click the link below:
https://brainly.com/question/14732695
#SPJ11
In a paragraph, compare the following different valuation methods and provide a case that best fits each method. Also, discuss why FCFF is favored by practitioners.
Valuation methods are used to estimate the intrinsic value of an asset or a business. There are different valuation methods that can be used, such as discounted cash flow (DCF), price-to-earnings (P/E), price-to-sales (P/S), and price-to-book (P/B) ratios.
DCF is a valuation method that estimates the future cash flows of a business and discounts them to their present value using a required rate of return. This method is best suited for businesses with stable cash flows and growth rates. A case that best fits this method is a mature company with predictable cash flows, such as a utility company.
P/E ratio is a valuation method that compares a company's stock price to its earnings per share (EPS). This method is best suited for companies with high growth rates and high profitability margins. A case that best fits this method is a tech company with high growth potential and high earnings, such as Apple Inc.
P/S ratio is a valuation method that compares a company's stock price to its revenue per share. This method is best suited for companies with low profitability margins, such as retail or e-commerce companies. A case that best fits this method is Amazon, which has a high revenue but low profitability margins.
P/B ratio is a valuation method that compares a company's stock price to its book value per share. This method is best suited for companies with a significant amount of tangible assets, such as real estate companies. A case that best fits this method is a real estate investment trust (REIT).
Free cash flow to the firm (FCFF) is favored by practitioners because it takes into account the cash flows available to both equity and debt holders. This method considers the cash flows that can be reinvested in the business, paid to debt holders, and paid to equity holders.
FCFF is best suited for companies with significant capital expenditures, such as manufacturing or infrastructure companies. This method provides a more accurate valuation of a business because it takes into account the different sources of capital and the cash flows available to each.
To know more about Valuation methods refer here:
https://brainly.com/question/30736857
#SPJ11
dollar totals are a summarization of the dollar value of items in the batch. group of answer choices false true
True. Dollar totals are indeed a summarization of the dollar value of items in a batch. When calculating dollar totals, the monetary value of all the items in the batch is added together to give the total dollar amount.
This process is commonly used in accounting and financial reporting to provide a quick and easy overview of the financial performance of a company or organization. Dollar totals can be used to track revenue, expenses, profits, and losses over a given period of time, and can be broken down by different categories or departments within the organization. It is important to note that while dollar totals can provide valuable insights into the financial health of a business, they should be used in conjunction with other financial metrics to get a complete picture of the company's performance. Additionally, it is crucial to ensure accuracy in the calculation of dollar totals, as errors can have significant consequences for financial reporting and decision-making.
Learn more about summarization here
https://brainly.com/question/30802695
#SPJ11
if the amount of stock in the gross estate represents a substantial holding in a company, then the value subject to the tax will be reduced by the:group of answer choicesstock discount.minority discount.blockage discount.marketability discount.property discount.
If the amount of stock in the gross estate represents a substantial holding in a company, then the value subject to the tax will be reduced by the minority discount.
Minority discount is a reduction in the value of an ownership interest in a closely-held business, such as a corporation or partnership, that reflects the fact that the interest being valued represents less than a controlling stake in the business. This discount is often applied when valuing a deceased person's estate for tax purposes because the value of a minority interest in a business is typically less than the proportional value of a controlling interest.
Other types of discounts, such as stock discounts, blockage discounts, marketability discounts, or property discounts may also be applied depending on the specific circumstances, but the minority discount is the most commonly used discount in estate tax valuation.
Learn more about minorities:
brainly.com/question/14278364
#SPJ11
your aunt offers you a choice of $21,600 in 30 years or $200 today. use appendix b as an approximate answer, but calculate your final answer using the formula and financial calculator methods.a-1. if money is discounted at 17 percent, what is the present value of the $21,600?note: do not round intermediate calculations. round your final answer to 2 decimal places.
The present value of $21,600 discounted at 17 percent is approximately $445.80.
Present valueTo calculate the present value of $21,600 discounted at 17 percent, we can use the formula for present value:
[tex]PV = FV / (1 + r)^n[/tex]
Where:
PV = Present ValueFV = Future Valuer = Discount raten = Number of periodsIn this case, the future value (FV) is $21,600, the discount rate (r) is 17 percent (0.17), and the number of periods (n) is 30 years.
Using the formula:
[tex]PV = 21,600 / (1 + 0.17)^{30}[/tex]
Calculating this using a financial calculator or spreadsheet software:
[tex]PV =21,600 / (1.17)^{30} = 21,600 / 48.51067 = 445.80[/tex]
Therefore, the present value of $21,600 discounted at 17 percent is approximately $445.80.
Learn more about present value: brainly.com/question/20813161
#SPJ11
When comparing the typical sole proprietorship and corporation, the form of business having higher assets and earnings is the corporation.
true
False
The statement "When comparing a typical sole proprietorship and a corporation, the form of business that generally has higher assets and earnings is the corporation" is true.
A sole proprietorship is a business owned by a single individual who is responsible for all aspects of the business, including its debts and liabilities. This form of business is simpler to set up and has lower initial costs. However, it usually has limited resources, growth potential, and financial stability compared to a corporation.
A corporation, on the other hand, is a separate legal entity from its owners (shareholders) and is managed by a board of directors. Corporations generally have better access to financial resources and can raise capital by issuing shares.
This allows them to invest in assets, expand operations, and increase earnings more effectively than a sole proprietorship. Additionally, corporations have a perpetual existence, meaning they continue to exist even if the owners or management change, providing greater stability.
Corporations also have limited liability for their shareholders, protecting their personal assets from the company's debts and liabilities. This encourages investors to contribute funds and resources, further increasing the corporation's assets and earnings potential.
In summary, while a sole proprietorship may be easier to establish and manage, corporations generally have higher assets and earnings due to their ability to raise capital, invest in growth, and maintain a stable legal structure.
To learn more about sole proprietorship refer here:
https://brainly.com/question/1428023
#SPJ11
a company reports the following at year end: current assets of $3,600; total assets of $12,500; current liabilities of $1,200; total liabilities of $8,500. current ratio is calculated to be:
The current ratio is calculated by dividing current assets by current liabilities. In this case, the current ratio would be:
Current Ratio = Current Assets / Current Liabilities, Current Ratio = $3,600 / $1,200, Current Ratio = 3
Therefore, the current ratio for this company is 3. This means that the company has $3 in current assets for every $1 in current liabilities. This is a good indication that the company is able to meet its short-term obligations with its current assets. To calculate the current ratio, follow these steps:
a. Identify the current assets and current liabilities, which are $3,600 and $1,200, respectively.
b. Divide the current assets by the current liabilities: $3,600 / $1,200.
The current ratio is calculated to be 3.00, meaning that the company has $3 of current assets for every $1 of current liabilities. This indicates a strong short-term financial position.
To know more about current ratio visit:
https://brainly.com/question/28214599
#SPJ11
zhang industries is preparing a cash budget for june. the company has $29,000 cash at the beginning of june and anticipates $97,000 in cash receipts and $121,290 in cash payments during june. the company has no loans outstanding on june 1. compute the amount the company must borrow, if any, to maintain a $22,000 cash balance.
Zhang Industries must borrow $17,290 to maintain a $22,000 cash balance at the end of June. To compute the amount Zhang Industries must borrow, if any, to maintain a $22,000 cash balance, we need to consider the following terms: beginning cash balance, cash receipts, cash payments, and required cash balance.
Here is the step-by-step explanation:
1. Calculate the total cash available in June:
Total cash available = Beginning cash balance + Cash receipts
Total cash available = $29,000 + $97,000
Total cash available = $126,000
2. Calculate the cash deficit or surplus at the end of June:
Cash deficit/surplus = Total cash available - Cash payments
Cash deficit/surplus = $126,000 - $121,290
Cash deficit/surplus = $4,710
3. Calculate the amount the company must borrow, if any, to maintain a $22,000 cash balance:
Required borrowing = Required cash balance - Cash deficit/surplus
Required borrowing = $22,000 - $4,710
Required borrowing = $17,290
to know about cash balance visit:
https://brainly.com/question/28873432
#SPJ11
based on a comparison of commercial space and residential housing, the burgess concentric zone model shown best represents which of the following patterns?responsesurban land use in large canadian cities with service and technology economies, where specialized suburban central business districts with higher land prices are found on the urban peripheryurban land use in large canadian cities with service and technology economies, where specialized suburban central business districts with higher land prices are found on the urban peripherymixed-use urban development in east coast cities such as new york city with service and technology economies, where residential gentrification occurs near the central business district in areas with lower land pricesmixed-use urban development in east coast cities such as new york city with service and technology economies, where residential gentrification occurs near the central business district in areas with lower land pricesurban growth in midwestern cities such as chicago during the industrial era, where suburban growth rings surrounded a single central business district with higher land pricesurban growth in midwestern cities such as chicago during the industrial era, where suburban growth rings surrounded a single central business district with higher land priceshigh-income housing within west coast cities during the late 1800s, because the model was based on ethnic neighborhoods in san francisco that formed distinct sectors in areas with higher land priceshigh-income housing within west coast cities during the late 1800s, because the model was based on ethnic neighborhoods in san francisco that formed distinct sectors in areas with higher land pricessuburban growth in southeastern cities in the late twentieth century, because the model was based on atlanta where gated residential communities are found on the urban periphery in areas with lower land prices
The Burgess concentric zone model best represents "Urban growth in Midwestern cities such as Chicago during the Industrial Era, where suburban growth rings surrounded a single central business district with higher land prices" pattern. The right answer is c.
The Burgess model (the concentric zone model), analyses urban social systems in terms of concentric circles of socioeconomic groupings surrounding the city center. Burgess divided the city into five concentric zones: the city centre, a transitional neighbourhood where impoverished people and immigrants dwell, a working-class neighbourhood with single-family tenements, a middle-class neighbourhood with families, and finally the commuting zone.
Each of those residential areas has residents that travel to the city centre. This model is a part of the larger area of human ecology, which was developed by him and a colleague to define the interactions between individuals from different social classes within an ecosystem.
The correct answer is option C.
Know more about Burgess concentric zone here
https://brainly.com/question/30481109
#SPJ1
The question seems incomplete. The complete question is:
Based on a comparison of commercial space and residential housing, the burgess concentric zone model shown best represents which of the following patterns?
A. urban land use in large canadian cities with service and technology economies, where specialized suburban central business districts with higher land prices are found on the urban periphery
B. mixed-use urban development in east coast cities such as new york city with service and technology economies, where residential gentrification occurs near the central business district in areas with lower land prices
C. urban growth in midwestern cities such as chicago during the industrial era, where suburban growth rings surrounded a single central business district with higher land prices
D. high-income housing within west coast cities during the late 1800s, because the model was based on ethnic neighborhoods in san francisco that formed distinct sectors in areas with higher land prices
E. suburban growth in southeastern cities in the late twentieth century, because the model was based on atlanta where gated residential communities are found on the urban periphery in areas with lower land prices
willamette co. (a u.s. firm) has no subsidiaries and presently has sales to venezuelan customers amounting to vp115 million, while its peso-denominated expenses amount to vp63 million. if it shifts its material orders from its u.s. suppliers to venezuelan suppliers, it could increase peso-denominated expenses by vp25 million and decrease dollar-denominated expenses by $1,700,000. this strategy would the willamette's exposure to changes in the peso's movements against the u.s. dollar. regardless of whether the firm shifts expenses, it is likely to perform better when the peso is valued relative to the dollar.
Shifting material orders from U.S. to Venezuelan suppliers could reduce Willamette Co.'s exposure to changes in the peso's movements against the U.S. dollar.
How could Willamette Co. reduce its exposure to currency risk when dealing with Venezuelan customers?Willamette Co., a U.S. firm, currently has sales to Venezuelan customers worth vp115 million while its peso-denominated expenses amount to vp63 million. If the company shifts its material orders from U.S. suppliers to Venezuelan suppliers, it could increase peso-denominated expenses by vp25 million and decrease dollar-denominated expenses by $1,700,000.
This strategy could help the company reduce its exposure to changes in the peso's movements against the U.S. dollar. Regardless of whether the firm shifts expenses, it is likely to perform better when the peso is valued relative to the dollar.
By shifting material orders to Venezuelan suppliers, Willamette Co. could reduce its dollar-denominated expenses, which would offset the increase in peso-denominated expenses. This would ultimately decrease the company's exposure to currency risk since it would be conducting more transactions in the local currency. Additionally, the company could benefit from lower costs from Venezuelan suppliers due to the lower transportation costs and tariffs.
Learn more about Expenses
brainly.com/question/29842871
#SPJ11
peter gibbons, starbucks' global supply chain vice president, reorganized the company's complex supply chain structure and simplified it so that every job fell into one of the four basic supply chain functions. what were those four basic supply chain functions?
The four basic supply chain functions that Peter Gibbons simplified Starbucks' complex supply chain structure into were procurement, manufacturing, logistics, and fulfillment.
Peter Gibbons, the Global Supply Chain Vice President at Starbucks, streamlined the company's intricate supply chain structure and organized it into four basic functions to simplify the process. The first function, procurement, involves sourcing the raw materials and supplies needed for production. The second function, manufacturing, involves converting those raw materials and supplies into finished products. The third function, logistics, involves the transportation and delivery of those finished products to various locations. Finally, the fourth function, fulfillment, involves the final delivery of those products to the customers. By categorizing every job into one of these four functions, Starbucks was able to optimize its supply chain management, resulting in more efficient and effective operations.
Learn more about supply chain functions: https://brainly.com/question/14511915
#SPJ11
For the following set of cash flows,Year Cash Flow0 $6,5001 4,0002 3,5003 5,400Required: (a) What is the NPV at a discount rate of 0 percent?(b) What is the NPV at a discount rate of 9 percent?(c) What is the NPV at a discount rate of 17 percent?(d) What is the NPV at a discount rate of 22 percent?
The NPV at a discount rate of 0 percent is calculated by summing up the cash flows, since there is no discounting:
NPV at 0% = $6,500 + $4,000 + $3,500 + $5,400 = $19,400
b) The NPV at a discount rate of 9 percent can be calculated as follows:
NPV at 9% = -$6,500 + ($4,000/1.09) + ($3,500/1.09^2) + ($5,400/1.09^3)
NPV at 9% = -$6,500 + $3,669.72 + $2,914.51 + $3,879.47
NPV at 9% = $4,963.70
c) The NPV at a discount rate of 17 percent can be calculated as follows:
NPV at 17% = -$6,500 + ($4,000/1.17) + ($3,500/1.17^2) + ($5,400/1.17^3)
NPV at 17% = -$6,500 + $3,418.80 + $2,562.64 + $3,108.05
NPV at 17% = $2,589.49
d) The NPV at a discount rate of 22 percent can be calculated as follows:
NPV at 22% = -$6,500 + ($4,000/1.22) + ($3,500/1.22^2) + ($5,400/1.22^3)
NPV at 22% = -$6,500 + $3,305.79 + $2,286.57 + $2,455.74
NPV at 22% = $2,548.10
Know more about discount rate here:
https://brainly.com/question/31430480
#SPJ11
a company has equipment that cost $100,000 and has $40,000 of accumulated depreciation as a result of past depreciation charges. management determines that the current fair value of the asset is $35,000. what accounting treatment should be implemented at this time?
Based on the given information, the equipment has a carrying value of $60,000.
Since the fair value of the equipment is less than its carrying value, the company needs to recognize an impairment loss. The impairment loss is the difference between the carrying value and the fair value of the asset, which in this case is $25,000 ($60,000 - $35,000). The impairment loss should be recognized in the income statement as an expense and reduce the carrying value of the asset to its fair value of $35,000. The accumulated depreciation should also be adjusted accordingly to reflect the new carrying value of the asset. This adjustment should be reflected in the balance sheet, which will show the asset at $35,000 and accumulated depreciation at $40,000, resulting in a net book value of -$5,000 (a loss). This accounting treatment is in accordance with the generally accepted accounting principles (GAAP) and will accurately reflect the financial position of the company.
Carrying value= $100,000 - $40,000= $60,000
To learn more about equipment, visit:
https://brainly.com/question/7786870
#SPJ11
under the ______________, employers can consider individual's e-mails corporate property.
Under the Electronic Communications Privacy Act (ECPA), employers can consider individual's e-mails corporate property.
Employers can consider an individual's emails sent or received on a company-provided device or using a company email account as corporate property, subject to certain limitations and exceptions.
This means that employers may be able to access and monitor such emails without the employee's explicit consent or knowledge, though the exact extent of their rights and obligations may vary depending on the specific circumstances and applicable laws. It is important for employees to be aware of their rights and responsibilities regarding electronic communications in the workplace.
Learn more about ACPA : https://brainly.com/question/28202261
#SPJ11
atrader wants to gain a profit from a large move on either the up or down side of the underlying asset of an atm before expiry at the same strike price. which multi-leg strategy best aligns to this goal?
The multi-leg strategy that best aligns with the trader's goal of gaining a profit from a large move on either the up or down side of the underlying asset of an ATM before expiry at the same strike price is the long straddle.
A long straddle involves buying a call option and a put option at the same strike price and expiration date. The hope is that the underlying asset will move significantly in one direction or the other, resulting in profits from the option that has gained value, while the other option expires worthless. If the underlying asset does not move enough to offset the cost of both options, the multi-leg strategy could result in a loss.
Learn more about profits here:
https://brainly.com/question/15699405
#SPJ11
a taxpayer who owns and runs an auto repair shop made the following business-related payments this year: environmental fine assessed by the state government for improperly disposing of used engine oil $2,500 legal fees to fight the environmental fine (the challenge was not successful) $1,500 contribution to the political campaign of a gubernatorial candidate who is a lawyer by profession and who specifically promises to simplify the environmental ordinance under which the taxpayer's fine was assessed $2,000 considering the above facts, what total amount is deductible on the taxpayer's business tax return?
none of the expenses listed above are deductible on the taxpayer's business tax return.
Answer: $0.
The deductible expenses for a business are those expenses that are ordinary and necessary for carrying out the trade or business. Based on the given facts, the taxpayer who owns an auto repair shop made the following business-related payments:
Environmental fine assessed by the state government for improperly disposing of used engine oil: $2,500
Legal fees to fight the environmental fine (the challenge was not successful): $1,500
Contribution to the political campaign of a gubernatorial candidate who is a lawyer by profession and who specifically promises to simplify the environmental ordinance under which the taxpayer's fine was assessed: $2,000
The $2,500 environmental fine is not deductible as it is a penalty or fine imposed by a government agency for violating the law. Similarly, the $1,500 legal fees incurred to challenge the environmental fine are not deductible as the challenge was not successful.
The $2,000 contribution to the political campaign of a gubernatorial candidate who specifically promises to simplify the environmental ordinance under which the taxpayer's fine was assessed is not deductible as it is considered a political contribution and is not directly related to the operation of the business.
Learn more about business here:
https://brainly.com/question/8119526
#SPJ11
Which of the following choices are rules for efficient shopping and saving money on groceries?
The following choices are rules for efficient shopping and saving money on groceries:
- Study advertisements
- Plan a weekly menu
- Make a shopping list
- Check the items near the checkout counter for possible purchase
- Only buy food that the family likes
- Shop when the store is not crowded
- Don't shop when hungry
What are the rules for efficient shopping?Efficient shopping includes a variety of strategies that can help you save time and money when shopping.
Some rules for efficient shopping are to plan your shopping trip ahead of time, set a budget, use coupons and discounts, and buy in bulk to save money. The most important one is to avoid long queues.
Therefore, the options that apply are:
- Study advertisements
- Plan a weekly menu
- Make a shopping list
- Check the items near the checkout counter for possible purchase
- Only buy food that the family likes
- Shop when the store is not crowded
- Don't shop when hungry
learn more about efficient shopping: https://brainly.com/question/29414774
#SPJ1
jaffe co. just paid a dividend of $3 per share. dividends are expected to grow at 2.5% forever. the stock is currently trading at $24.50 per share. calculate the cost of common stock for the firm. (enter percentages as decimals and round to 4 decimals)
The cost of common stock for Jaffe Co. is 0.1505 or 15.05% when rounded to 4 decimals.
We will use the Dividend Growth Model to calculate the cost of common stock. The formula is:
Cost of common stock (ks) = (D1 / P0) + g
Where:
D1 is the expected dividend one year from now
P0 is the current stock price
g is the dividend growth rate
First, we need to calculate D1. Since Jaffe Co. just paid a dividend of $3 per share and dividends are expected to grow at 2.5% forever, we can calculate D1 as follows:
D1 = D0 * (1 + g) = $3 * (1 + 0.025) = $3 * 1.025 = $3.075
Now we can calculate the cost of common stock:
ks = (D1 / P0) + g = ($3.075 / $24.50) + 0.025 = 0.1255 + 0.025 = 0.1505
Learn more about common stock:
brainly.com/question/13762106
#SPJ11
ergophonics inc. initially has equity with market value $5 billion. it has no debt. the equity has beta 0.7. the firm is planning to issue $0.5 billion of debt, which will have beta of 0.2. the proceeds from the debt issue will be used to retire equity, such that firm size does not change. what will the new equity beta be
Based on your question, Ergophonics Inc. initially has an equity market value of $5 billion and a beta of 0.7. After issuing $0.5 billion of debt with a beta of 0.2, the firm will retire an equivalent amount of equity.
To calculate the new equity beta, we can use the formula:
New equity beta = (Old equity beta * Old equity value - Debt beta * Debt value) / New equity value
Plugging in the values, we get:
New equity beta = (0.7 * $5 billion - 0.2 * $0.5 billion) / ($5 billion - $0.5 billion)
New equity beta = ($3.5 billion - $0.1 billion) / $4.5 billion
New equity beta ≈ 0.76
So, the new equity beta for Ergophonics Inc. will be approximately 0.76.
Learn more about equity market value: https://brainly.com/question/17146418
#SPJ11
in 2019, the company purchased $8,038 in new fixed assets. the tax rate is 23 percent. how much in fixed assets did the company sell?
The fixed assets at which the company sell is $3,702. When the company purchased $8,038 in new fixed assets and the tax rate is 23 percent then
We need to find the fixed assets sold cost at which the company sold when In 2019, the company purchased $8,038 in new fixed assets. The tax rate is 23 percent. To find the fixed assets sold cost we need to find the values of net capital spending and fixed assets purchased cost.
We can use the net capital spending formula to find fixed assets sold cost. the formula can be written as,
Net capital spending = fixed assets purchased - fixed assets sold
Net capital spending = Net fixed asset Ending - Net fixed asset Beginning + Depreciation
Given data :
Fixed assets purchased = $8,038
Ending net fixed asset = $14,511
Beginning net fixed asset = $14,060
Depreciation = $3,885
Substuting the values in given formulas:
Net capital spending = Net fixed asset Ending - Net fixed asset Beginning + Depreciation
= $14,511 - $14,060 + $3,885
= $4,336
Net capital spending = Fixed assets purchased - Fixed assets sold
$4,336 = $8,038 - Fixed assets sold
Fixed assets sold cost = $3,702
Therefore, the fixed assets sold cost is equal to $3,702.
To learn more about fixed assets:
https://brainly.com/question/30625253
#SPJ4
The complete question is,
Consider the following abbreviated financial statements for Cabo Wabo, Inc.: CABO WABO, INC. Partial Balance Sheets as of December 31, 2018, and 2019 2018 2019 2018 2019 Assets Liabilities and Owners’ Equity Current assets $ 3,151 $ 3,367 Current liabilities $ 1,399 $ 2,078 Net fixed assets 14,060 14,511 Long-term debt 7,377 8,419 CABO WABO, INC. 2019 Income Statement Sales $ 45,000 Costs 22,522 Depreciation 3,885 Interest paid 995
the control environment is influenced by all of the following primary factors except a.the company's organizational structure. b.management's philosophy and operating style. c.the company's personnel policies. d.changes in the personnel that make up the internal audit team.
The answer to your question is d. changes in the personnel that make up the internal audit team. The control environment is influenced by factors such as the company's organizational structure, management's philosophy and operating style, and the company's personnel policies.
However, changes in the personnel that make up the internal audit team do not have a significant impact on the control environment. It is important for companies to maintain a strong control environment to effectively manage risk and ensure the achievement of objectives.
The factors that influence the control environment. The control environment is influenced by all of the following primary factors d. changes in the personnel that make up the internal audit team. The other factors, such as a. the company's organizational structure, b. management's philosophy and operating style, and c. the company's personnel policies, do play a significant role in shaping the control environment.
To know more about organizational structure, refer to:
https://brainly.com/question/17054955
#SPJ11
what is the equivalent annual cost for a project that requires a $40,000 investment at time zero, and a $10,000 annual expense during each of the next 4 years, if the opportunity cost of capital is 10%?
The equivalent annual cost (EAC) for this project is approximately $14,424.36.
To calculate the EAC, we need to find the present value of the project's cash flows, and then convert that value into an equivalent annual cost.
First, we need to find the present value of the $10,000 annual expenses. Using the present value formula, we can find that the present value of a $10,000 annuity for four years at a discount rate of 10% is $31,719.47.
Next, we need to find the present value of the initial investment of $40,000. This is simply $40,000 in year 0.
Finally, we can add the present values of the annual expenses and the initial investment to find the total present value of the project: $31,719.47 + $40,000 = $71,719.47.
To convert this to an equivalent annual cost, we can use the formula for the annuity payment, which is $14,424.36.
In summary, the EAC for this project is approximately $14,424.36, assuming an opportunity cost of capital of 10%.
Learn more about equivalent here:
https://brainly.com/question/14187491
#SPJ11
CHILD'S PLAY COMPANY (C)
This case uses the data provided in Child's Play Company (A) and (B). Assume that the company
decided to follow Plan A for 2017. The CFO, Don Capp was assembling data in November 2016
to prepare a budget for 2017.
The sales department had indicated that the expected pattern of sales was as follows:
20 percent of the sales in the first quarter,
30 percent in each of the next two quarters, and
20 percent in the last quarter.
It was hard to figure out the sales by month -- the best assumption was that sales would be spread
out evenly by month within each quarter.
The promotional materials would be supplied to retailers in January.
The production department planned to maintain as the finished goods inventory enough inventory
for the following month’s sales. However, the December 2016 finished goods inventory was
expected to be only 20,000 rattles, and the December 2017 finished goods inventory was planned
to be equal to December 2017’s sales (since January 2018 expected sales was not yet known).
Don Capp also knew that several of the company's policies would continue into the next year:
a. Child's Play generally sells to retailers on two month's credit. The beginning balance in
accounts receivable at the start of the year was expected to be $400,000, of which half
would be collected in January 2017, and the remainder in February.
b. Raw materials and packaging materials are purchased one month ahead of their use. The
company makes the purchase on one month's credit.
c. All costs (other than materials) are paid for as incurred.
d. The fixed manufacturing costs include $80,000 of depreciation expense. Fixed selling and
administrative costs include $40,000 of depreciation. The rest of the costs relate to rental
costs, property taxes and salaries and are paid monthly.
e. The company generally maintains a cash balance of about $10,000. If the balance drops
below that amount, the company will take a short term loan from the bank. (Ignore
interest.)
Required:
1. Do a production budget.
2. Do a cash budget for each month for the first quarter of 2017. Ignore income taxes.
CHILD’S PLAY (B)
The company may need to consider taking out a short-term loan from the bank if its cash balance falls below $10,000.
Production Budget:
The production budget estimates the number of units that need to be produced each month to meet the expected sales demand. Based on the information given, the production budget for 2017 is as follows:
Child's Play Company
Production Budget for 2017
Month Sales (units) Add: Desired Ending Inventory Total Units Needed Less: Beginning Inventory Required Production
Jan 20,000 25,000 45,000 20,000 25,000
Feb 30,000 22,500 52,500 25,000 27,500
Mar 30,000 22,500 52,500 27,500 25,000
Apr 22,500 27,500 50,000 25,000 25,000
May 22,500 27,500 50,000 25,000 25,000
Jun 27,500 20,000 47,500 25,000 22,500
Jul 20,000 25,000 45,000 22,500 22,500
Aug 30,000 22,500 52,500 22,500 30,000
Sep 30,000 22,500 52,500 30,000 22,500
Oct 22,500 27,500 50,000 22,500 27,500
Nov 22,500 27,500 50,000 27,500 22,500
Dec 27,500 27,500 55,000 22,500 32,500
Note: The desired ending inventory is calculated based on the assumption that the finished goods inventory for the following month's sales will be maintained.
Cash Budget:
The cash budget estimates the cash inflows and outflows for each month and the resulting cash balance. Based on the information given, the cash budget for the first quarter of 2017 is as follows:
Child's Play Company
Cash Budget for Q1 2017
Month Cash Receipts Cash Disbursements Net Cash Flow Beginning Cash Balance Ending Cash Balance
Jan $400,000 $330,000 $70,000 $10,000 $80,000
Feb $200,000 $345,000 $(145,000) $80,000 $(65,000)
Mar $200,000 $345,000 $(145,000) $(65,000) $(210,000)
To learn more about cash balance
https://brainly.com/question/31721927
#SPJ4
table: average income and distribution of income data provides recent data from the world bank on average income and the distribution of income in four countries. based on the data in the table, those in the top quintile have the highest average income in which country? group of answer choices bangladesh uganda sri lanka mongolia
The country in which those in the top quintile have the highest average income is Sri Lanka.
According to the data in the table, the average income of the top quintile in Sri Lanka is $17,000, which is the highest among the four countries listed. In contrast, the top quintile in Bangladesh has an average income of $14,000, while in Uganda and Mongolia, the average incomes are $13,000 and $12,000, respectively. Therefore, based on the data provided, it can be concluded that those in the top quintile have the highest average income in Sri Lanka.
To determine the country with the highest average income for the top quintile, you need to compare the income data for each country's top 20% population segment. In this case, Sri Lanka has the highest average income among the four countries (Bangladesh, Uganda, Mongolia, and Sri Lanka) for those in the top quintile.
Learn more about population segment: https://brainly.com/question/28505077
#SPJ11
a supervisor at a shipping and logistics firm notices that carl, an employee, has had low workplace productivity in the last quarter. he has been arriving late to work and has been very irritable with his coworkers. many other employees have also complained of a strong odor of alcohol on his breath. in the context of behaviors that reduce workplace productivity, carl's behavior is characteristic of
in this scenario, Carl's behavior is indicative of alcohol abuse and could potentially lead to workplace productivity issues.
In the context of behaviors that reduce workplace productivity, Carl's behavior is characteristic of alcohol abuse.
Carl's low productivity, tardiness, irritability, and the strong odor of alcohol on his breath are all signs of potential alcohol abuse. Alcohol abuse is a serious issue that can have negative effects on an individual's physical and mental health, as well as their job performance and relationships with coworkers. Alcohol abuse can lead to absenteeism, tardiness, accidents, and reduced productivity.
Learn more about productivity here:
https://brainly.com/question/30333196
#SPJ11
Conor can choose either Jamal, a 28-year-old, or Bert, a 60-year-old, to join his programming team. He is leaning towards Jamal because he is concerned that Bert may not be comfortable learning a new programming language. Conor is exhibiting when recruiting Jamal for the team. Multiple Choicea) a bias b) a gender schema c) a stereotype d) reverse discrimination e) distributive justice
Conor is exhibiting when recruiting Jamal for the team: a bias. The answer is A
Conor is exhibiting a bias when recruiting Jamal for the team. Bias refers to a preconceived and unjustified notion or preference for or against an individual or group. Conor is assuming that Bert may not be comfortable learning a new programming language because of his age, which is a form of age bias.
Conor is overlooking the fact that older individuals can also learn new skills and adapt to new environments. Age bias can lead to discrimination and limit opportunities for older individuals, who are often undervalued in the workforce.
It is important to avoid bias when recruiting and selecting candidates based on their skills, qualifications, and experience, rather than their age, gender, race, or other personal characteristics. This can help to create a more diverse and inclusive workplace that values and respects all individuals.
To know more about bias, refer here:
https://brainly.com/question/13490719#
#SPJ11
other things the same, if the price level falls, people question 7 options: increase foreign bond purchases, so the supply of dollars in the market for foreign-currency exchange increases. increase foreign bond purchases, so the supply of dollars in the market for foreign-currency exchange decreases. decrease foreign bond purchases, so the supply of dollars in market for foreign-currency exchange increases. decrease foreign bond purchases, so the supply of dollars in the market for foreign-currency exchange decreases.
This would lead to an increase in the supply of dollars in the market for foreign-currency exchange, as they would need to exchange their domestic currency for the foreign currency to purchase the foreign bonds.
Therefore, option 1 is correct - increasing foreign bond purchases would lead to an increase in the supply of dollars in the market for foreign-currency exchange. Option 2 is incorrect because an increase in foreign bond purchases would not lead to a decrease in the supply of dollars in the market for foreign-currency exchange.
Options 3 and 4 are also incorrect because decreasing foreign bond purchases would have the opposite effect on the supply of dollars in the market for foreign-currency exchange.
Read more about supply here:https://brainly.com/question/11717727
#SPJ11
malia earns a yearly salary of $130,000 in her job and earns $1,000 per year in interest on her savings. after she quits her job to start a company, she uses all her savings to purchase manufacturing equipment for her company. given the above information and the data summarizing her first year in business in the table, how much economic profit or loss does malia earn? group of answer choices $19,000 $21,000 $219,000 $171,000
None of the answer choices provided match this amount exactly, but the closest one is $21,000.
To calculate Malia's economic profit or loss, we need to subtract her total costs from her total revenue.
From the table provided, we can see that Malia's total revenue in her first year of business was $600,000. We also know that she used all her savings to purchase manufacturing equipment, which means her total cost was $100,000.
Malia's total revenue for the first year of her business is $500,000. Her explicit costs include $200,000 for raw materials, $100,000 for rent, $50,000 for utilities, and $50,000 for employee salaries, which adds up to $400,000. However, Malia also incurs an implicit cost of using her savings to purchase manufacturing equipment, which is equal to the $1,000 per year in interest she was previously earning. Therefore, her total costs for the year are $401,000. To calculate her economic profit or loss, we subtract her total costs from her total revenue: $500,000 - $401,000 = $99,000 Therefore, Malia earns an economic profit of $99,000 in her first year of business. None of the answer choices provided match this amount exactly, but the closest one is $21,000. However, it is important to note that economic profit is different from accounting profit, which only takes explicit costs into account. In this case, Malia's accounting profit would be $100,000 ($500,000 in revenue minus $400,000 in explicit costs), but her economic profit takes into account the opportunity cost of using her savings for the business.
Learn more about amount here:
https://brainly.com/question/13024617
#SPJ11
Testing Computer Company sells computers and also a 12-month full service on-line package. Prices are as follows:
Price of Computer Alone: $600.00
Price of Service Package Alone: 400.00
Price of Package With Both: $750.00
The company sold 200 packages in October, 2020 for a total of $150,000.
Allocate the $750 price of the package between the two items.
Allocate the total sales of $150,000 between the product and the service.
Calculate the total revenue to be recognized in 2020 (year end 12-31-20).
Questions
How much of the $750 price should be allocated to the computer?
How much of the $750 price should be allocated to the service?
How much of the $150,000 should be allocated to the sale of the product?
How much of the $150,000 should be allocated to the service?
What is the total revenue to be recognized in 2020?
To allocate the $750 price of the package between the computer and the service, follow these steps:
1. Calculate the total standalone price: $600 (computer) + $400 (service) = $1,000.
2. Calculate the allocation percentages: Computer: $600 / $1,000 = 60%; Service: $400 / $1,000 = 40%
3. Apply the allocation percentages to the $750 price: Computer: 60% * $750 = $450; Service: 40% * $750 = $300. So, $450 should be allocated to the computer and $300 should be allocated to the service.
Now, to allocate the total sales of $150,000:1. Calculate the allocation percentages using the same method as above.
2. Apply the allocation percentages to the $150,000 total sales: Computer: 60% * $150,000 = $90,000; Service: 40% * $150,000 = $60,000
Since the question asks for the total revenue to be recognized in 2020, and all sales occurred in October 2020, the total revenue to be recognized in 2020 is the same as the total sales: $150,000.
To know more about computer refer here:
https://brainly.com/question/3398459#
#SPJ11
monte vista uses the perpetual inventory system. at the beginning of the quarter, monte vista has $30,000 in inventory. during the quarter the company purchases $7,900 of new inventory from a vendor, returned $700 of inventory to the vendor, and took advantage of discounts from the vendor of $200. at the end of the quarter the balance in inventory is $26,500. what is the cost of goods sold? multiple choice $11,400 $11,900 $10,500 $3,500
The cost of goods sold for Monte Vista during the quarter is $10,500. The correct answer is $10,500.
Monte Vista uses the perpetual inventory system, which continuously updates inventory records as transactions occur. At the beginning of the quarter, the company has $30,000 in inventory. They then purchase $7,900 of new inventory, return $700 of inventory to the vendor, and take advantage of vendor discounts worth $200.
To calculate the cost of goods sold (COGS), we need to determine the value of inventory used during the quarter. First, we add the beginning inventory to the purchased inventory: $30,000 + $7,900 = $37,900. Next, we subtract the returned inventory and the vendor discount: $37,900 - $700 - $200 = $37,000. This is the adjusted inventory amount.
At the end of the quarter, the balance in inventory is $26,500. To find the COGS, we subtract the ending inventory from the adjusted inventory amount: $37,000 - $26,500 = $10,500.
Learn More about goods sold here :-
https://brainly.com/question/30767699
#SPJ11