canfield construction applies overhead to its projects at a rate of $60 per direct labor hour. laborers are paid an average rate of $25 per hour. the jefferson apartments project was charged a total of $1,800,000 in direct materials and $400,000 in direct labor costs. overhead applied to the jefferson apartments project amounted to:

Answers

Answer 1

The laborers are paid an average rate of $25 per hour. The Jefferson Apartments project was charged a total of $1,800,000 in direct materials and $400,000 in direct labor costs. Overhead applied to the Jefferson Apartments project amounted to $240,000.Steps for finding the overhead applied to the Jefferson Apartments project

Step 1: Compute the number of direct labor hours.

The number of direct labor hours can be found using the following formula;

Direct labor cost = labor rate per hour × direct labor hours400,000 = $25 × direct labor hoursDirect labor hours = 16,000 hours

Step 2: Calculate the overhead cost applied.

Overhead cost applied can be found using the following formula;

Overhead cost applied = Overhead rate per direct labor hour × Direct labor hoursOverhead cost applied = $60 × 16,000 hoursOverhead cost applied = $960,000

Therefore, overhead applied to the Jefferson Apartments project amounted to $240,000.

Learn more about overhead applied: https://brainly.com/question/14347852

#SPJ11


Related Questions

which of the following is a true statement about the role of the media in providing citizens with information? responses investigative reporting dominates the news because it is less expensive than political commentary. investigative reporting dominates the news because it is less expensive than political commentary. demand for instantaneous news reporting has led to the growth of 24-hour news operations and a shift to online media consumption. demand for instantaneous news reporting has led to the growth of 24-hour news operations and a shift to online media consumption. the media is increasingly controlled by the major political parties, who determine which stories are covered by the press. the media is increasingly controlled by the major political parties, who determine which stories are covered by the press. there has been an increase in social media and internet news consumption by the public, causing the top five media conglomerates to have greater control over public opinion.

Answers

The following is a true statement about the role of the media in providing citizens with information:

Demand for instantaneous news reporting has led to the growth of 24-hour news operations and a shift to online media consumption.

What is the role of media?

The media is a fundamental component of the modern democratic system. It keeps the public informed about current events, government policies, and the state of affairs in society. The media serves as a check on the government by providing citizens with information to hold their elected officials accountable for their actions.

What is the meaning of news?

News refers to the details or reports of current events, gathered and presented by various media, such as newspapers, magazines, radio, television, and the internet. News coverage focuses on recent events or incidents that have occurred or are presently occurring and that may affect people's lives in some way.

Learn more about media's role at

https://brainly.com/question/29982886

#SPJ11

strama, incorporated, manufactures and sells two products: product a6 and product i5. the company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: activity cost pools activity measures estimated overhead cost expected activity product a6 product i5 total labor-related dlhs $ 179,138 7,000 1,600 8,600 production orders orders 38,624 300 500 800 order size mhs 171,147 4,400 4,500 8,900 $ 388,909 the activity rate for the order size activity cost pool under activity-based costing is closest to:

Answers

The activity rate for the order size activity cost pool under activity-based costing is $20.18 per machine hour (MHS).

Activity-based costing (ABC) is a method of assigning costs to activities and cost objects by assigning resources to the activities that directly drive costs. It uses activities as the fundamental cost objects and assigns the cost of those activities to other cost objects. In the case of the given example, the cost object is the production of Products A6 and I5.

To calculate the activity rate, first calculate the total estimated overhead cost, which is the sum of labor-related DLHS, production orders, and order size MHS, which is $388,909. Then, calculate the total expected activity for the order size MHS, which is 8,900 MHS. Divide the total estimated overhead cost by the total expected activity to get the activity rate, which is $20.18 per MHS.

ABC can provide a more accurate way of assigning costs and accurately measures the cost of activities, which can help identify and eliminate inefficiencies. It also takes into account the different cost drivers, or activities, and assigns them to the cost object in the appropriate proportions. ABC is a more accurate way of measuring costs and can help a company to better understand the cost of producing its products.

To learn more about Activity-based costing here:

https://brainly.com/question/6654166#

#SPJ11

the breakdown of barriers between value-chain functions is required for the successful implementation of

Answers

For cross-functional teams to be successfully implemented, barriers between value-chain functions must be removed.

Cross-functional teams at a corporation bring people from many functional areas together to collaborate on a same project or objective. It is necessary to achieve this by removing the conventional boundaries between the value chain's many departments and activities, including marketing, operations, and finance. Cross-functional teams may solve issues and make choices more quickly and effectively by cooperating and utilising the varied views, skills, and information available to them. Although team members may have different functional backgrounds, excellent communication and collaboration are essential for cross-functional teams to succeed. This communication and cooperation may be facilitated by tearing down barriers across value-chain functions, which will result in the effective deployment of cross-functional teams.

Learn more about value-chain here:

https://brainly.com/question/30592745

#SPJ4

the breakdown of barriers between value-chain functions is required for the successful implementation of_______.

The breakdown of barriers between value-chain functions is essential for the successful implementation of an integrated value-chain management approach.

In traditional organizational structures, different functions within the value chain, such as procurement, production, marketing, and distribution, often operate in silos with limited communication and coordination. However, to optimize the value chain and achieve maximum efficiency and effectiveness, it is crucial to foster collaboration and integration among these functions.

By breaking down barriers and promoting cross-functional collaboration, organizations can enhance information flow, streamline processes, and eliminate duplication and inefficiencies. This integration allows for better coordination of activities, improved decision-making, and the ability to respond quickly to market changes and customer demands. It also facilitates the sharing of knowledge and expertise, enabling organizations to leverage their resources more effectively and identify opportunities for innovation and continuous improvement.

Ultimately, by dismantling barriers between value-chain functions, organizations can achieve greater operational synergy, enhance customer value, and gain a competitive advantage in the marketplace.

Learn more about value-chain  here:

https://brainly.com/question/28017453

#SPJ11

as a rule, a successful firm running a differentiation strategy will group of answer choices a) have a very hierarchical structure. b) require a structure which is very formal. c) use cross-functional development teams. d) develop free-standing business units.

Answers

The correct answer is option C - use cross-functional development teams.

A successful firm running a differentiation strategy will typically use cross-functional development teams to foster collaboration between different departments.

This enables the firm to effectively leverage the strengths of different departments to create a unique product or service for customers.

Additionally, this structure allows for faster development and better responsiveness to customer feedback.
to know about cross-functional:

https://brainly.com/question/13057432

#spj11

The question "What was the best idea you ever sold to a boss or coworker?" would be used in a(n)
a. employment test
b. unstructured interview
c. situational interview
d. behavioral-description interview.

Answers

In this type of interview, the interviewer asks about specific past experiences to understand how a candidate has handled situations in the past, which can be indicative of their future performance d. behavioral-description interview.

What do you mean by behavioral-description interview?

Behavioral interviews concentrate on a person's past experiences to evaluate how they have handled particular circumstances and applied abilities necessary for the job.

Using the Behavioral Description Interview (BDI) method, the interviewer examines the candidate's past behaviour in a variety of work-related scenarios.

The premise of BDI is that "past behaviour is an indication of subsequent conduct."

To know more about Behavioral Description Interview  visit:

https://brainly.com/question/22716200

#SPJ11

generally, a seller or agent can't be sued for misrepresentation if his or her statements were merely: group of answer choices opinions. predictions. puffing. any of the answers are correct.

Answers

Generally, a seller or agent can't be sued for misrepresentation if his or her statements were merely based on opinions, predictions and puffing.

A person who provides a good, service, or asset in exchange for money is referred to as a seller. A seller may be a person, business, governmental body, or other type of organisation. A seller is a party who offers an asset they own or hold for sale to another party in the financial markets. A seller is also referred to as a writer in the options market. The writer, who is the contract's counterparty, is compensated for selling the option. Buyers and sellers are contrasted because they are the two essential components of any exchange or transaction.

Visit here to learn more about financial markets: https://brainly.com/question/13400473

#SPJ4

57) One survey of CEOs from around the world reported that ______ percent of U.S. CEOs had no foreign experience. A) 2. B) 14. C) 34. D) 64. B) 14.

Answers

The survey of CEOs from around the world reported that 14% of U.S. CEOs had no foreign experience. The correct answer is option b.

The CEOs around the world have different working experiences that can be vital to the companies' growth and expansion. A research survey showed that only 14% of CEOs in the United States had no international working experience. The report shows that 86% of CEOs in the United States have had previous international experience, compared to 96% of their counterparts in other developed economies such as the United Kingdom and Canada.

What are CEOs?

CEO stands for Chief Executive Officer. It is the highest-ranking officer of a company. A CEO is responsible for managing the company's overall operations, including planning, organizing, and executing business strategies to achieve the company's goals. CEOs have a significant impact on the company's success, including profitability, growth, and reputation.

Learn more about Chief Executive Officer here: https://brainly.com/question/26728558

#SPJ11

Are laggards the last to adopt a new product and usually distrust new products?

Answers

Yes, laggards are the last to adopt a new product and usually distrust new products. Laggards are typically the most conservative consumers and are usually the least likely to accept or embrace change.

Laggards is a term used to describe individuals or groups that are slow to adopt new technologies, ideas, or behaviors. In the context of innovation and adoption, laggards are often the last group to embrace new technologies or ideas, following the early adopters, early majority, late majority, and finally the laggards.

Laggards may resist change due to various factors such as skepticism, fear of the unknown, lack of resources or skills, or simply being content with the status quo. However, laggards can eventually adopt new technologies or ideas once they become mainstream or necessary for survival.

Learn more about Laggards: brainly.com/question/31117231

#SPJ11

when visitors click a link on the affiliates web page, a donation is made by a(n) company. group of answer choices not-for-profit marketing sponsoring advertising

Answers

In cause marketing, when visitors click a link on the affiliates web page, a donation is made by a Sponsoring company. Option B is the correct answer.

Cause marketing entails working together for a common goal between a for-profit company and a nonprofit group. Campaigns for social good run by for-profit companies are frequently referred to as cause marketing. Corporate sponsorship financing may be advantageous for both the company providing the financial support and the nonprofit group receiving the donation due to the consequent favorable relationship. Option B is the correct answer.

Generally, a brand's affiliation with a nonprofit will increase their level of CSR. In return for their moral contributions to the partnership, the nonprofit raises awareness of their cause. In order to associate your company name to the cause, sponsorship is a kind of cause marketing that entails making a donation to a cause or event in exchange for public acknowledgement of your support. Option B is the correct answer.

The complete question is, "In cause marketing, when visitors click a link on the affiliate's Web page, a donation is made by a(n) ______ company.

a. advertising

b. sponsoring

c. marketing

d. non-for-profit"

Learn more about Sponsorship here:

https://brainly.com/question/27993489

#SPJ4

variable costing regards fixed manufacturing overhead as a(n): group of answer choices period cost inventoriable cost product cost administrative cost

Answers

The correct answer to this question is 'period cost'. Explanation Variable costing is a costing technique that involves the grouping of the costs associated with the production of a product into two distinct categories namely variable and fixed costs.

In variable costing, the fixed manufacturing overhead costs are not allocated to the individual units of production. As such, they are treated as period costs instead of being treated as inventoriable costs.

This is because they are regarded as expenses that are incurred during the period under consideration as opposed to being incurred to produce specific products. Variable costing is an alternative to the traditional absorption costing method.

In absorption costing, the fixed manufacturing overhead costs are allocated to the individual units of production. As a result, they are treated as inventoriable costs that are included in the cost of the products.

When computing the cost of products under absorption costing, the fixed manufacturing overhead costs are allocated to the units of production using a predetermined rate.

To know more about period cost refer here

brainly.in/question/10423602#

#SPJ11

calculate the accounting break-even level of sales assuming $865,000 of fixed costs, $400,000 of depreciation expense, and a variable costs-to-sales ratio of 65%.

Answers

The accounting break-even point is the moment at which a company's entire revenue equals its total costs, resulting in a profit or loss of zero. We may use the following calculation to compute.

the accounting break-even level of sales: Accounting Profit = Fixed Expenses + Depreciation Expense (1 - Variable Costs-to-Sales Ratio) When we enter the provided values into the formula, we get: Sales at Accounting Break-Even = $865,000 + $400,000 (1 - 0.65) Sales at Accounting Break-Even = $2,474,286 As a result, the accounting break-even point for revenues is $2,474,286. This indicates that the firm must earn at least this level of revenue in order to pay its fixed expenses, depreciation, and variable costs and break even. All sales beyond this amount generate a profit, while any sales below this level generate a loss.

Learn more about  costs  here:

https://brainly.com/question/30045916

#SPJ4

many service companies collect data via a follow-up survey of their customers. for example, to ascertain customer sentiment, delta air lines sends an e-mail to customers immediately following a flight. among other questions, delta asks: how likely are you to recommend delta air lines to others?

Answers

Many service companies collect data via a follow-up survey of their customers. For example, to ascertain customer sentiment, Delta Air Lines sends an e-mail to customers immediately following a flight. Among other questions, Delta asks:

"How likely are you to recommend Delta Air Lines to others?"

The primary motive behind collecting customer data is to create a better customer experience. The following are the reasons why service companies collect data:

1. To analyze the business's performance

2. To provide customized products and services

3. To improve customer experience

4. To anticipate the customer's needs and requirements

5. To maximize customer satisfaction and loyalty

6. To enhance employee performance

7. To analyze the industry trends

8. To evaluate the effectiveness of business strategies

9. To stay ahead of the competitors

These are the reasons why service companies collect customer data.

Learn more about Delta air lines here:

brainly.com/question/30361209

#SPJ11

using a global strategy, perfecttune ltd, a producer of expensive audio systems, offers standardized products across country markets, with the competitive strategy being dictated by offices within the host markets served group of answer choices true false

Answers

The statement "using a global strategy, PerfectTune Ltd, a producer of expensive audio systems, offers standardized products across country markets, with the competitive strategy being dictated by offices within the host markets served" is True. A global strategy is a strategy that aims to provide a firm with a competitive advantage by leveraging its strengths (resources and capabilities) across all continents in which it operates.

Multinational corporations (MNCs) often use a global strategy.A global strategy is one that considers the entire world when deciding how to organize and manage a business. This includes developing a consistent brand image, making sure pricing is consistent across countries, and creating products that can be sold around the world.

To know more about global strategy refer to-

brainly.com/question/29376574#

#SPJ11

in the oil tanker industry, large companies have lower risk and are able to optimize vessel utilization. if consolidation allows companies to lower their long-run average total costs, this is an example of:

Answers

This is an illustration of a economies of scale inside the oil tanker industry, if consolidation enables businesses to reduce their lengthy average total costs.

What does "economies of scale" mean?

Economies of scale were financial benefits businesses enjoy as production becomes more productive because costs may be divided over a larger number of products.

The ability of a company to benefit from economies of scale depends on its size; bigger businesses will produce more goods and save more money. Large enterprises in the tanker truck sector are less risky and have the ability to maximise vessel utilisation.

To know more about economies of scale visit:

https://brainly.com/question/15605103

#SPJ1

companies often consider outsourcing so they can focus on their core competencies. (true or false)

Answers

The given statement in the given question about companies being outsourcing to focus on core competencies is True.

Outsourcing is a common strategy that companies use to focus on their core competencies. Outsourcing refers to the practice of contracting with third-party vendors to perform certain business functions that are not considered core to the company's operations. By outsourcing non-core functions, companies can free up resources and focus on the activities that are most critical to their success. For example, a manufacturing company might outsource its accounting or IT functions to a third-party vendor so that it can focus on its core competencies of production and product development.

To learn more about core competencies click here

brainly.com/question/14438508

#SPJ4

beef and leather belts are complements in production. if the price of chicken increases significantly, the result in the market for leather belts will be: group of answer choices a higher price and a smaller quantity supplied. a lower price and a larger quantity supplied. a lower price and a smaller quantity supplied. a higher price and a larger quantity supplied.

Answers

A higher price and a smaller quantity supplied is the result in the market for leather belts when the price of chicken increases significantly.

This is because beef and leather belts are complements in production. When the price of chicken increases, it increases the production cost for leather belts, which leads to a higher price for leather belts and less quantity supplied to the market.

In economics, the law of demand states that when the price of a good increases, its demand decreases, resulting in a lower quantity supplied in the market.

Complements in production can be thought of as substitutes in demand; when the price of one good increases, it affects the demand for its complementary good as well, which results in a higher price and a lower quantity supplied of the complementary good.

Therefore, when the price of chicken increases, the market for leather belts will experience a higher price and a smaller quantity supplied.

To know more about law of demand states click on below link:

https://brainly.com/question/24019366#

#SPJ11

a project manager has been working on the quality process for a project at a major defense contractor. the project manager discovers that an employee has been declaring repair material as scrap metal, and then reselling it at a small profit. the item is very costly. what should the project manager do? seleccione una: a. report this to homeland security b. report this to general accounting office (gao) c. report this to the company d. report the employee to the local authority

Answers

The correct action that the project manager should take is to report this to the company.

What should the project manager do if they discover that an employee is labeling repair material as scrap metal and then reselling it at a small profit?

The project manager should report this to the company. A major defense contractor must always be aware of any suspicious activities that may affect its business's quality, efficiency, and security. The contractor should have a clear protocol in place for identifying, reporting, and responding to potential misconduct.

The project manager should follow this protocol to notify the appropriate authority within the company. They may be able to investigate the matter and take appropriate action. In this situation, reporting the matter to local authorities, Homeland Security, or the General Accounting Office (GAO) would be unnecessary.

The company itself must take appropriate action. The project manager should be aware that any delay in reporting the matter to the company may worsen the problem. The employee may continue to misuse company resources and cause a loss of revenue. Therefore, the project manager should promptly report this matter to the company.

Learn more about project manager here:

brainly.com/question/27995740

#SPJ11

as a sales representative, i need the ability to take ownership of a new lead and document the progress so that i can provide consistent insight to my pipeline. which three acceptance criteria are best suited for the user story example?

Answers

As a sales representative, I need the ability to take ownership of a new lead and document the progress so that I can provide consistent insight to my pipeline. The three acceptance criteria that are best suited for the user story include the ability to claim new leads, documenting the progress, and a clear and easy-to-use interface.

Ability to claim new leads: The user story requirement of taking ownership of a new lead should have the acceptance criteria of the sales representative being able to claim the new leads easily. Documenting the progress: Another acceptance criteria for the user story requirement should be documenting the progress of the new leads. This helps the sales representative provide consistent insight into their pipeline.A clear and easy-to-use interface: A third acceptance criteria should be the user interface of the lead documentation being user-friendly, clear, and easy to use. A clean interface helps the sales representative use the user story effectively to provide consistent insight into their pipeline.

To know more about sales click on below link:

https://brainly.com/question/28139464#

#SPJ11

The three acceptance criteria that are best suited for the user story example "as a sales representative, i need the ability to take ownership of a new lead and document the progress so that i can provide consistent insight to my pipeline" are as follows:

1. Content loaded as a sales representativeIn order to take ownership of a new lead and document the progress, it is essential to have the proper content loaded. This can include relevant information about the lead, their interests, and any previous interactions with your company.

2. The progress so that I can provide consistent insight to my pipeline To provide consistent insight to your pipeline, it is important to document the progress of your leads. This includes any meetings or calls that have taken place, as well as any follow-up actions that need to be taken.

3. Acceptance criteria are best suited for the user story example Acceptance criteria are best suited for the user story example because they help to define what constitutes success. This can include a certain number of calls or meetings, a specific timeline for follow-up, or other metrics that can be used to measure progress.

To know more about Content loaded  refer here

brainly.in/question/11172138#

#SPJ11

commodities covered by federal government programs include a. pork. b. hay. c. rice. d. none of the above

Answers

Commodities covered by federal government programs include rice. Therefore, option c is the correct answer.

What is a commodity?

A commodity is a raw material or primary agricultural product that can be purchased and sold, such as copper or coffee. In order to keep commodity prices at a fair level and to ensure a fair price for farmers, the federal government created commodity programs.

What are the commodities covered by federal government programs?

Commodities covered by federal government programs include the following:Pork is not covered by federal government programs. The two primary federally-funded pork programmes are the Mandatory Price Reporting Act (MPR) and the Agricultural Marketing Act of 1946 (AMA).Hay is not covered by federal government programs. The federal government does not maintain hay as a commodity because there are so many different types of hay.Rice is covered by federal government programs. The federal government's primary rice programmes are the Marketing Assistance Loan (MAL), the Loan Deficiency Payment (LDP), and the Rice Marketing Loan Gain and Loss Program (MLGLP).None of the above is incorrect. Since rice is covered by federal government programs, option d cannot be correct.

To know more about commodity  click on below link :

https://brainly.com/question/23132703#

#SPJ11

Consumption and disposable income have what kind of relationship?
Multiple choice question.
Negative
There is no relationship
Positive

Answers

Consumption and disposable income have a positive relationship.

As disposable income increases, consumers have more money available to spend on goods and services, which leads to an increase in consumption.

This relationship is known as the consumption function, which is a fundamental concept in macroeconomics. The relationship between consumption and disposable income is not necessarily one-to-one, as consumers may choose to save some of their income instead of spending it. However, in general, economists expect that as disposable income increases, consumption will also increase. This relationship is an important factor in understanding how changes in income and government policies, such as tax cuts or stimulus spending, can affect consumer behavior and the overall economy.

Thus, the positive relationship between consumption and disposable income reflects the basic idea that people consume goods and services as a means of meeting their needs and wants, and that their ability to do so is closely tied to their income levels.

Learn more about the Consumption and disposable income:

brainly.com/question/15711701

#SPJ4

What happens when a loan is in forbearance?

Answers

A loan in forbearance is a pause or reduction in monthly payments that the borrower and the lender agree to.

This might be a decent alternative if you are having difficulty paying your monthly payments. When a loan is in forbearance, the lender may agree to reduce or pause monthly payments for a certain length of time.The borrower and the lender must agree to the terms of a forbearance agreement before it can be approved. You'll have to make up the skipped payments after the forbearance time has ended, but the lender may add them to the end of the loan, adjust the interest rate, or add them to the following month's payment.A forbearance might be granted for a variety of reasons, including illness, job loss, or other financial difficulties.

This can be a temporary option for people who are experiencing financial difficulties, but it is important to remember that the payments will eventually come due.There may be a negative effect on the borrower's credit score as a result of a forbearance. A forbearance might provide relief from monthly payments for a brief period, but it is still a temporary solution that must be repaid in full.

To know more about Loan:

https://brainly.com/question/11794123

#SPJ11

problem 5-1 compound interest (lo1) old time savings bank pays 4% interest on its savings accounts. if you deposit $1,000 in the bank and leave it there: note: do not round intermediate calculations. round your answers to 2 decimal places. how much interest will you earn in the first year? how much interest will you earn in the second year? how much interest will you earn in the 10th year?

Answers

The interest earned in the first year is $40, in the second year is $81.60 and in the tenth year is $480.24.

The problem is based on compound interest calculations.

Therefore, we need to use the formula:

Compound interest = Principal amount × (1 + Rate)time − Principal amount

Where,

Principal amount = $1000

Rate = 4% or 0.04

Time = number of years

For the first year:

Compound interest = $1000 × (1 + 0.04)1 − $1000= $1000 × 0.04= $40

Interest earned in the first year is $40.

For the second year:

Compound interest = $1000 × (1 + 0.04)2 − $1000= $1081.60 − $1000= $81.60

Interest earned in the second year is $81.60.

For the tenth year:

Compound interest = $1000 × (1 + 0.04)10 − $1000= $1480.24 − $1000= $480.24

Interest earned in the tenth year is $480.24.

To know more about compound interest refer to-

brainly.com/question/14295570#
#SPJ11

Elaborate in the meaning of quality​

Answers

Quality can be defined as the degree of excellence of a product, service or process in meeting or exceeding customer expectations and requirements. It is a measure of how well something is made, performed or delivered. Quality can be assessed based on various factors such as durability, reliability, safety, effectiveness, efficiency, user-friendliness, aesthetics, and conformance to standards and specifications.

In essence, quality is about meeting or exceeding the needs and expectations of customers and stakeholders. It involves continuous improvement and a commitment to excellence in all aspects of a business or organization. Quality can also be viewed as a key driver of customer satisfaction, loyalty and retention, and ultimately, business success and competitiveness.

Achieving and maintaining high levels of quality requires a comprehensive approach that encompasses all aspects of a business, including design, production, operations, marketing, customer service, and feedback and continuous improvement processes. This involves setting clear quality standards and objectives, using appropriate tools and techniques for quality management, engaging employees and stakeholders in quality improvement efforts, and continuously monitoring and measuring performance against quality metrics and benchmarks.

clothing for accountants is a popular retail store owned by i.m. material. material has just sold the business to phil forma. phil has asked that a covenant not to compete be inserted into the agreement. such covenants are:

Answers

A covenant not to compete (CNC) is a legally binding agreement in which an individual or business promises to refrain from engaging in certain activities that could potentially compete with the party to whom the CNC is being granted. The CNC can be a separate contract or a clause that is included in a broader agreement.

CNCs are particularly prevalent in the sale of businesses and the employment of key personnel.Covenants not to compete (CNC) are generally included in the sale of a company in order to protect the buyer from the seller's future competition. In the case of a retailer, a CNC may prevent the seller from opening up another retail store in the same city or geographic region within a specific period of time (usually several years) after the sale.

This is particularly important if the seller has an established reputation and customer base in the area. It can also be used in employment contracts where an employer may ask employees to sign a CNC to protect the company from having employees leave and start a competing business or take clients with them.CNCs can be both beneficial and detrimental to both parties involved. On the one hand, they can protect the buyer or employer from future competition and loss of clients. On the other hand, they can restrict the seller or employee's freedom to work and make a living.

To know more about covenant not to compete, click here:

https://brainly.com/question/15579871

#SPJ11

following an increase in expansionary monetary policy, nominal gdp increased by 16% and inflation is 17%. what is the real gdp growth rate?

Answers

The real GDP growth rate can be determined by subtracting the rate of inflation from the nominal GDP growth rate. In this case, the nominal GDP increased by 16%, while the rate of inflation was 17%. This means that the real GDP growth rate was -1%.

When the rate of inflation is higher than the rate of nominal GDP growth, then the real GDP growth rate will be negative. This occurs because inflation erodes the value of goods and services, leading to a lower increase in real GDP than the nominal GDP.

The increase in expansionary monetary policy in this case likely contributed to the high rate of inflation. Expansionary monetary policy typically involves increases in the money supply, which increases the amount of money available for spending. This increase in spending often leads to an increase in prices, as the demand for goods and services exceeds the amount of money available. This increase in prices then leads to an increase in the inflation rate.

Know more about nominal GDP here:

https://brainly.com/question/31134559

#SPJ11

the balance in the accounts receivable account decreased from $18,000 at the beginning of the month to $15,000 at the end of the month. sales on account during the month totaled $130,000. no accounts receivable were written off as uncollectible during the month. cash collections of accounts receivable during the month totaled:

Answers

The balance in the accounts receivable account decreased from $18,000 at the beginning of the month to $15,000 at the end of the month. Sales on account during the month totaled $130,000. No accounts receivable were written off as uncollectible during the month. The cash collections of accounts receivable during the month totaled $113,000.

How much did the firm receive in cash collections of accounts receivable during the month?

The firm received $113,000 in cash collections of accounts receivable during the month.

Solution:

The balance in the accounts receivable account decreased from $18,000 at the beginning of the month to $15,000 at the end of the month.Sales on account during the month totaled $130,000. No accounts receivable were written off as uncollectible during the month.

So, the firm's account receivable would be the opening balance and sales on credit minus any uncollectible debts.

Accounts Receivable at the Beginning of the Month = $18,000Sales on Account = $130,000

Less: Accounts Receivable written off as Uncollectible = $0

The total cash collection of accounts receivable during the month will be:

Accounts Receivable at the End of the Month = $15,000Accounts Receivable at the Beginning of the Month = $18,000Sales on Account = $130,000Less: Accounts Receivable written off as Uncollectible = $0

Cash collections of accounts receivable during the month = $113,000.

Learn more about balance: https://brainly.com/question/24914390

#SPJ11

with nonconventional cash flows, there is a possibility that more than one discount rate will make the npv of an investment zero. this is called the

Answers

With nonconventional cash flows, there is a possibility that more than one discount rate will make the Nv of an investment zero. this is called the Multiple rates of return problem.

What is it known as when many discount rates will cause an investment's NPV to equal zero?

Duplication is the potential for more than one discount rate to make an investment's net present value equal to zero.

Describe non-traditional financial flow.

A succession of inward and outward cash flows over time with several changes in the direction of the cash flow is known as an unconventional cash flow. In contrast, a normal cash flow simply experiences one shift in the direction of the flow.

Which discount rate results in a future cash flow's NPV being equal to zero?

IRR is a discount rate that, in a discounted cash flow analysis, sets the net present value (NPV) of all cash flows to zero.

To Know more about present value

https://brainly.com/question/17322936

#SPJ1

You are evaluating a project’s value. The relevant discount rate is 10%. (a) Your first guess is that the project will generate $10 million next year and then die. What is the PV of the project? (b) Suppose you find out that the $10 million cash flows will be generated forever. What is the new PV of the project? (c) What if the $10 million of cash flows will only be generated for 15 years? Solve this as the difference between two perpetuities, one beginning in year 1 and one beginning in year 16. (d) Suppose you find out that the cash flows will be $10 million for 15 years, but then grow at 5% a year from then on. What is the new PV of the project? (e) Consider the same data as in part (d) but assume the project dies after 30 years. What is the PV of the project?

Answers

The project's total PV is $91.48 million. The perpetual growth's PV is $200 million. The project's $478.72 million PV total.

What essentially does the time value of money principle state?

This fundamental theory of finance argues that, as long as interest can be generated on the money, any amount of money is worth more the sooner it is received. Fundamentally speaking, the time value of money shows that, all else being equal, it is preferable to have money now as opposed to later.

The PV of the project is calculated as the present value of a single cash flow of $10 million one year from now, discounted at 10%.

PV = $10 million / (1 + 0.10) = $9.09 million

PV = Cash flow / discount rate

PV = $10 million / 0.10 = $100 million

If the cash flows are generated for 15 years, the PV can be calculated as the sum of two perpetuities - one starting in year 1 and the other starting in year 16.

PV1 = Cash flow x (1 - (1 + g)/(1 + r)ⁿ) / (r - g)

PV1 = $10 million x (1 - (1 + 0.05)/(1 + 0.10)¹⁵) / (0.10 - 0.05) = $78.72 million

PV2 = Cash flow x (1 + g)ⁿ / (r - g) x (1 / (1 + r)ⁿ)

PV2 = $10 million x (1 + 0.05)¹⁵ / (0.10 - 0.05) x (1 / (1 + 0.10)¹⁵) = $12.76 million

Therefore, the total PV of the project is:

PV = PV1 + PV2 = $78.72 million + $12.76 million = $91.48 million

PV1 = Cash flow x (1 + g) / (r - g)

PV1 = $10 million x (1 + 0.05) / (0.10 - 0.05) = $200 million

To know more about perpetual visit:-

https://brainly.com/question/14685796

#SPJ1

johnson's animations has net income of $42,500, depreciation expense of $1,800, interest expense of $900, taxes of $1,600, additions to net working capital of $2,300, and net capital spending of $11,700. what is the amount of the free cash flow

Answers

Based on the question, the amount of the free cash flow is $29,600.

What exactly is a free cash flow?

Free cash flow is the measure of the financial health of a company.

It shows the amount of cash that the company has available after accounting for all of its expenses.

The formula for free cash flow is:

Free Cash Flow = Net Income + Depreciation Expense + Interest Expense - Taxes - Net Working Capital - Net Capital Spending

Now, let's plug in the values given in the problem:

Net Income = $42,500

Depreciation Expense = $1,800

Interest Expense = $900

Taxes = $1,600

Additions to Net Working Capital = $2,300

Net Capital Spending = $11,700

Free Cash Flow = $42,500 + $1,800 + $900 - $1,600 - $2,300 - $11,700= $29,600

Therefore, the amount of the free cash flow is $29,600.

Learn more about the free cash flow here:

https://brainly.com/question/30759088

#SPJ11

for fixed-rate bonds it's important to realize that the value of the bond has a(n) inverse relationship to the level of interest rates. if interest rates rise, then the value of the bond falls ; however, if interest rates fall, then the value of the bond rises . a discount bond is one that sells below its par value. this situation occurs whenever the going rate of interest is above the coupon rate. over time its value will increase approaching its maturity value at maturity. a premium bond is one that sells above its par value. this situation occurs whenever the going rate of interest is below the coupon rate. over time its value will decrease approaching its maturity value at maturity. a par value bond is one that sells at par; the bond's coupon rate is equal to the going rate of interest. normally, the coupon rate is set at the going market rate the day a bond is issued so it sells at par initially. hide feedback correct quantitative problem: potter industries has a bond issue outstanding with an annual coupon of 6% and a 10-year maturity. the par value of the bond is $1,000. if the going annual interest rate is 7.6%, what is the value of the bond? do not round intermediate calculations. round your answer to the nearest cent. $ hide feedback incorrect check my work feedback realize that the bond is an annual bond, so it will be analyzed accordingly. review the formula for calculating the value of a bond. review the data entries using a financial calculator maki

Answers

The value of the bond is $836.09. Bonds can be described as medium- to long-term transferable bonds.

The value of the bond can be calculated using the formula for bond valuation: V = P[1 - (1 + r)^(-n)] / r + A[(1 + r)^n], where

V is the value of the bond, P is the par value of the bond, r is the interest rate, n is the number of periods, and A is the annual coupon.

In this case, V is the value of the bond, P is 1000, r is 7.6%, n is 10, and A is 60. Plugging in these values, the value of the bond is $836.09. Therefore, the value of the bond is $836.09.

Learn more about bond: brainly.com/question/29282058

#SPJ11

Other Questions
a male client underwent a lumbar spinal fusion yesterday. which nursing assessment should alert the nurse to the development of a possible complication? I need help on this question (15 points) Part 1Use the Pythagorean theorem to find the unknown side of the right triangle. why do utilitarians argue that we owe moral consideration to animals? group of answer choices animals are rational. animals can suffer. animals have rights. animals have souls. The Ninth Amendment asserts that the rights enumerated in the Constitution are which one of the following?Question 3 options:a) permanentb) guaranteedc) incomplete d) incontestable amanda company purchased a computer that cost $10,000. it had an estimated useful life of five years and a residual value of $1,000. the computer was depreciated by the straight-line method and was sold at the end of the third year of use for $5,000 cash. how much of a gain or loss should amanda record? a global corporate-level strategy assumes group of answer choices a) efficiency and customization can be achieved simultaneously. b) a rise in income levels across the world. c) increasing levels of cultural differences among nations. d) more standardization of products across country markets. How was the tiger trapped?(Into active) 11. An ultralight airplane tracked monarchbutterflies migrating to Mexico duringthe month of September. There are30 days in September. How many milesdid the ultralight travel in September? Need help with these 2 problem please which of the following gram-positive bacteria does not belong with the others? group of answer choices mycobacterium listeria corynebacterium nocardia actinomyces University students who focus on the interest and challenge of their schoolwork rather than on simply meeting deadlines and securing good grades are especially likely to demonstratemental set.creativity.extrinsic motivation.belief perseverance. the proper matching of what a firm can do with what it might do: a. develops core competencies based on human knowledge. b. balances the internal characteristics of the firm with the characteristics of the external environment. c. overcomes the rigidity and inertia resulting from a history of success. d. yields insights the firm requires to select its strategy. samples to test internal controls are intended to provide a basis for an auditor to conclude whether: A basic set of drawing pencils costs $8. 98. A professional set of drawing pencils costs $27. 49. How much more does the professional set cost than the basic set? monetary policy to eliminate a recessionary gap can be portrayed as a movement: group of answer choices of the sras to the left. of the ad curve to the right. of the sras to the right of. of the ad to the left. Consider the quadratic function f(x) = x2 5x + 12. Which statements are true about the function and its graph? Select three options. The value of f(10) = 82 The graph of the function is a parabola. The graph of the function opens down. The graph contains the point (20, 8). The graph contains the point (0, 0). When the government __________ , it encourages a private solution to a __________.Use letters in alphabetical order to select optionsA. imposes taxes; positive-externality problemB. allows income-tax deductions for charitable contributions; positive-externality problemC. imposes a command-and-control policy; positive-externality problemD. requires public ownership of firms that pollute; negative-externality problem All of the following are true statements about the Populist Party except:_______a. It emerged from the farmers' alliances and farm movements of the West.b. It embraced the gold standard.c. It sometimes championed nationalizing certain industries, increased government regulation, and a redistribution of wealth.d. Several of its candidates won Congressional seats in 1894.e. William Jennings Bryan was the Populist candidate for president in 1896. please answer it asap.