Answer:
B. Board of directors is the term used to describe the group of people elected to run a corporation. The board of directors is responsible for making major decisions that affect the direction and operations of the corporation, such as setting goals and objectives, appointing top executives, and approving major expenditures. The board is typically elected by the corporation's shareholders at the annual shareholders' meeting. Upper management refers to the executives and senior managers who are responsible for overseeing the day-to-day operations of the corporation, while bondholders and stockholders are types of investors who provide financing to the corporation.
once a sale is made and the product delivered in the b2b market, the buyer _____.
Once a sale is made and the product is delivered in the B2B market, it is common for the buyer to evaluate the product and supplier in a post-purchase process. Option A is correct.
The buyer may evaluate the product and supplier in a post-purchase process, providing feedback on the quality of the product and overall buying experience. This feedback can be valuable to the supplier in improving their offerings and building a stronger relationship with the buyer.
The buyer may also consider reordering from the supplier if they are satisfied with the product and the buying experience.
Therefore, option A is the most appropriate answer.
Once a sale is made and the product delivered in the B2B market, the buyer _____.
A. Evaluates the product and supplier in a post-purchase process
B. Considers the sale complete
C. Looks for rapid installation of the product
D. Uses pert charts to evaluate time efficiencies
E. None of these
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dividing the total products produced by the number of workers is the way to compute ______.
Dividing the total products produced by the number of workers is the way to compute labor productivity.
Labor productivity is a measure of the efficiency of a worker or group of workers in producing goods or services. It is calculated by dividing the total output by the total number of hours worked or the total number of workers involved in the production process. This metric is important for companies as it helps them to measure their production efficiency and identify areas where productivity can be improved.
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how much would you need to deposit in a bank account today in order to have $500 in 3 years if the account has a nominal interest rate of 7% and compounds interest monthly? round to two decimal places.
You would need to deposit $395.87 today in order to have $500 in 3 years with a nominal interest rate of 7% compounded monthly.
To calculate the amount you would need to deposit today in order to have $500 in 3 years with a nominal interest rate of 7% compounded monthly, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A = the amount you want to have in the account (in this case, $500)
P = the principal or amount you deposit today
r = the nominal interest rate (in this case, 7%)
n = the number of times the interest is compounded per year (in this case, monthly or 12)
t = the time period (in this case, 3 years)
Plugging in the values, we get:
500 = P(1 + 0.07/12)^(12*3)
Simplifying and solving for P, we get:
P = 500 / (1 + 0.07/12)^(12*3)
P = $395.87 (rounded to two decimal places)
Therefore, you would need to deposit $395.87 today in order to have $500 in 3 years with a nominal interest rate of 7% compounded monthly.
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if spending growth were 15% in this economy, what would the inflation rate be in the long run, assuming the solow growth rate stays fixed?
Assuming that the Solow growth rate stays fixed, a 15% spending growth rate would lead to an increase in the inflation rate. This is because higher spending growth implies more demand for goods and services, which can cause prices to rise.
The exact increase in inflation rate would depend on various other factors, such as the supply of goods and services in the economy, the efficiency of production, and the behavior of consumers and businesses. However, it is safe to say that a 15% spending growth rate would likely lead to a higher inflation rate over the long run.
we need to consider the relationship between spending growth, inflation rate, and the Solow growth rate. In the long run, according to the Quantity Theory of Money, the growth rate of nominal spending (spending growth) is equal to the sum of the inflation rate and the Solow growth rate, which represents the real economic growth rate.
Given that the spending growth is 15% and the Solow growth rate stays fixed, we can represent this relationship using the following equation:
Spending growth = Inflation rate + Solow growth rate
To find the inflation rate, we can rearrange the equation:
Inflation rate = Spending growth - Solow growth rate
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CF0 CF1 CF2 CF3 CF4
–20,000 7,730.85 7,730.85 7,730.85 7,730.85
Initial Outlay Cash Flow in Period
CF0 CF1 CF2 CF3 CF4
–20,000 7,730.85 7,730.85 7,730.85 7,730.85
The IRR is approximately:
16%.
18%
20%
The Internal Rate of Return (IRR) is the rate at which the total cash flows of an investment equal the initial outlay. It also helps them to decide whether to invest in a particular project or not, as a higher IRR indicates better returns.
Here correct answer is B)
It is calculated by finding the discount rate at which the net present value of a project's cash flows are equal to zero.
In the given example, the initial outlay is -$20,000 and the cash flows in each period are $7,730.85. The IRR of this investment is approximately 18%, which means that the investor will receive an 18% return on their initial outlay.
The IRR is a useful measure for investors as it allows them to compare the returns of different investments. It also helps them to decide whether to invest in a particular project or not, as a higher IRR indicates better returns.
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What are some potential benefits and pitfalls of formal accreditation of forensic examiners?
Formal accreditation of forensic examiners can increase credibility, standardization, and accuracy but may lead to increased costs, reduced innovation, and limited examiner options.
Formal accreditation could also create a barrier to entry for new examiners and limit diversity within the field. Additionally, the accreditation process may not be able to keep up with the rapidly evolving technology in forensic science, leading to a lag in the development of new techniques and procedures.
Overall, formal accreditation can have both positive and negative impacts on the forensic science field and must be carefully evaluated to ensure that the benefits outweigh the drawbacks.
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the product/service category that accounts for the highest percentage of online purchases is ______.
According to various studies and surveys, the product/service category that accounts for the highest percentage of online purchases varies depending on the region and time period.
However, some of the most commonly reported categories that consistently rank high in online sales include:
Apparel and accessories
Electronics and appliances
Home and garden
Beauty and personal care
Books and media
Food and beverage
Toys and hobbies
Health and wellness products
Automotive products and parts
It's worth noting that the ranking of these categories can change based on factors such as seasonality, current events, and consumer preferences.
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using the data in the table below, what is the marginal revenue for selling 4 units of output?qptctrmrmcprofit0$5$91$5$102$5$123$5$154$5$195$5$246$5$307$5$45question 4 options:$1.00$20.00$5.00$19.00
The marginal revenue for selling 4 units of output can be found by comparing the revenue earned from selling 4 units to the revenue earned from selling 3 units.
From the table, we can see that the revenue earned from selling 3 units is $15 and the revenue earned from selling 4 units is $19. Therefore, the marginal revenue for selling 4 units of output is $4. So the answer is $4. Based on the data provided in the table, the marginal revenue for selling 4 units of output can be calculated using the following formula:
Marginal Revenue (MR) = Change in Total Revenue (TR) / Change in Quantity (Q), From the table, the total revenue when selling 3 units (TR3) is $15 and the total revenue when selling 4 units (TR4) is $19. Now, we can plug these values into the formula: MR = (TR4 - TR3) / (4 - 3), MR = ($19 - $15) / (4 - 3), MR = $4 / 1
MR = $4.
Therefore, the marginal revenue for selling 4 units of output is $4. However, this option is not listed in the given choices. Please double-check the table and the options provided to ensure that the information is accurate.
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he Sweet Smell Fertilizer Company markets bags of manure labeled "not less than 60 lb dry weight." The packaged manure is a combination of compost and sewage wastes. To provide good-quality fertilizer, each bag should contain at least 30 lb of compost but no more than 40 lb of sewage. Each pound of compost costs Sweet Smell $0.05 and each pound of sewage costs $0.04. Use the Linear Programming method to determine the least- cost blend of compost and sewage in each bag. a. Amount of compost in each bag = 30 VIb b. Amount of sewage in each bag = 30 v lb c. The total dry weight of each bag 60 VIb d. The total cost of each bag = $ $2.70 = e. What if sewage cost was reduced by $0.02 (new supplier), what would be the resource allocation and the total cost of the packaged manure? ✓ [Select] the resource allocation would be the same; total cost $2.10 the resource allocation and the cost would remain the same cannot determine because of being outside the feasible region the resource allocation would be 60lbs of compost and 0 lbs of sewage; total cost $2.40 the resource allocation would be 20lbs of compost and 40 lbs of sewage; total cost $1.95
Option (d), The answer to the question is that using linear programming, the least-cost blend of compost and sewage in each bag of Sweet Smell Fertilizer Company's packaged manure is 30 lbs of compost and 30 lbs of sewage.
This allocation ensures that each bag contains at least 30 lbs of compost and no more than 40 lbs of sewage, which provides good-quality fertilizer. The total cost of each bag is $2.70.
If the cost of sewage is reduced by $0.02 due to a new supplier, the resource allocation and total cost of the packaged manure would change. The correct answer is that the resource allocation would be 20 lbs of compost and 40 lbs of sewage, and the total cost would be $1.95. This allocation ensures that the total dry weight of each bag remains at 60 lbs, and the cost is minimized by using more sewage and less compost, which is cheaper per pound. Therefore, the new supplier allows Sweet Smell Fertilizer Company to produce the same quality fertilizer at a lower cost.
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The complete question is:
The Sweet Smell Fertilizer Company markets bags of manure labeled “not less than 60 lb dry weight.” The packaged manure is a combination of compost and sewage wastes. To provide good-quality fertilizer, each bag should contain at least 30 lb of compost but no more than 40 lb of sewage. Each pound of compost costs Sweet Smell $0.05 and each pound of sewage costs $0.04. Use the Linear Programming method to determine the least- cost blend of compost and sewage in each bag. a. Amount of compost in each bag = 30 VIb b. Amount of sewage in each bag = 30 v lb c. The total dry weight of each bag 60 VIb d. The total cost of each bag = $ $2.70 = e. What if sewage cost was reduced by $0.02 (new supplier), what would be the resource allocation and the total cost of the packaged manure? ✓
[Select]
the resource allocation would be the same; total cost $2.10 the resource allocation and the cost would remain the same cannot determine because of being outside the feasible region the resource allocation would be 60lbs of compost and 0 lbs of sewage; total cost $2.40 the resource allocation would be 20lbs of compost and 40 lbs of sewage; total cost $1.95a $72,800 mortgage, with 7.4% interest, has a monthly payment of $559.28. how many years was the original term of the loan?
The original term of the loan for a $72,800 mortgage with 7.4% interest and a monthly payment of $559.28 can be calculated using the formula for the present value of an ordinary annuity.
The present value of an ordinary annuity formula is:
PMT x [(1 - (1 + r/n)^(-n*t)) / (r/n)]
where PMT is the monthly payment, r is the interest rate (expressed as a decimal), n is the number of compounding periods per year, and t is the number of years.
Substituting the given values, we get:
$559.28 x [(1 - (1 + 0.074/12)^(-12*t)) / (0.074/12)] = $72,800
Simplifying the equation, we get:
[(1 - (1.006167)^(-12*t)) / 0.006167] = 130.199
Solving for t, we get:
t = 130.199 / 12
t = 10.85 years
Therefore, the original term of the loan was approximately 10.85 years or 130 months.
Note: The calculation assumes that the monthly payment remains constant throughout the loan term.
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what is the debt service as calculated by the ratio of principal and interest payments on debt held by the public to total revenue?
The debt service ratio measures principal and interest payments on public debt as a percentage of total revenue.
The debt service is a calculation that measures the amount of principal and interest payments on debt held by the public in relation to total revenue.
This ratio is an important indicator of a government's ability to manage its debt and make timely payments.
If the debt service ratio is too high, it can signal financial distress and make it more difficult to borrow money in the future. Governments may attempt to lower the ratio by reducing spending or increasing revenue through taxation or economic growth.
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When credit is granted to another firm this gives rise to a(n):
A. accounts receivable and is called trade credit.
B. trade receivable and is called a secured loan.
C. credit due and is called an installment note.
D. accounts receivable and is called a consumer credit.
E. trade receivable and is called an installment note.
When credit is granted to another firm, this gives rise to a trade receivable and is called an installment note. Option E is correct..
A trade receivable occurs when a business sells goods or services on credit to another firm, creating a financial claim or an amount owed to the business.
This is recorded as an asset on the business's balance sheet. An installment note refers to a written agreement outlining the repayment terms.
Including the principal amount, interest rate, and the schedule of periodic installments to be made over a specified time period.
In summary, when a business grants credit to another firm, it generates a trade receivable, and the repayment terms are documented in an installment note. The correct option is E.
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what effect will expansionary monetary policy have on interest rates, the price level, and the exchange rate of the snark?
Expansionary monetary policy in Snark could result in lower interest rates, higher inflation, and a potential depreciation of the exchange rate. Other factors may also play a role in determining the exchange rate.
Expansionary monetary policy involves increasing the money supply, which has an impact on various macroeconomic variables. In the case of Snark, if the central bank implements an expansionary monetary policy, the interest rates are likely to decrease.
This is because the increase in the money supply would lead to more funds being available in the market, thereby reducing the cost of borrowing. Lower interest rates could encourage more borrowing and spending, thereby stimulating economic growth.
However, expansionary monetary policy could also lead to an increase in the price level of Snark. This is because as the money supply increases, the purchasing power of the currency decreases, causing inflation. A rise in the price level could lead to a decrease in real output as well as a reduction in the standard of living.
Finally, expansionary monetary policy could lead to a depreciation in the exchange rate of the Snark. This is because lower interest rates would make it less attractive for foreign investors to hold the currency, reducing demand for the Snark and causing its value to decline. However, other factors such as trade balances and political stability could also influence the exchange rate of Snark.
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your child's orthodontist offers you two alternative payment plans. the first plan requires a $4,300 immediate up-front payment. the second plan requires you to make monthly payments of $145.11, payable at the end of each month for 3 years. what nominal annual interest rate is built into the monthly payment plan?
The interest rate that is not indexed for inflation is referred to as a nominal interest rate. Alternatively put, it refers to the claimed or advertised interest rate that a borrower pays or a lender receives on a loan or investment.
To calculate the nominal annual interest rate built into the monthly payment plan, we need to use the present value formula:
PV = PMT x [(1 - (1 + r/12)^-n) / (r/12)]
where PV is the present value of the payments, PMT is the monthly payment, r is the nominal annual interest rate, and n is the total number of payments.
For the second payment plan, we know that the total amount paid over 3 years is:
Total payments = 36 x $145.11 = $5,236.76
Using the present value formula, we can solve for the nominal annual interest rate:
$4,300 = $145.11 x [(1 - (1 + r/12)^-36) / (r/12)]
Simplifying this equation, we get:
(1 - (1 + r/12)^-36) / (r/12) = 29.656
We can use trial and error or a financial calculator to solve for r, which is approximately 7.5%. Therefore, the nominal annual interest rate built into the monthly payment plan is 7.5%.
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hr managers are using social tools to build relationships with ________ inside the organization.
HR managers are using social tools to build relationships with employees inside the organization.
HR managers are recognizing the importance of building strong relationships with employees as a way to improve employee engagement, retention, and overall organizational success. Social tools such as internal social media platforms, chat apps, and collaboration software allow HR managers to communicate more effectively and efficiently with employees. Through these tools, HR managers can share important information, provide support and feedback, and create a sense of community within the organization. By building relationships with employees, HR managers can also gain valuable insights into employee needs and preferences, which can help inform HR policies and practices. Overall, the use of social tools by HR managers represents a powerful way to enhance communication, collaboration, and engagement within the organization.
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if the upper limit rate of deviation exceeds the tolerable rate of deviation, the auditor most likely
If the upper limit rate of deviation exceeds the tolerable rate of deviation, it means that the auditor has identified a higher level of non-compliance than what was initially expected.
This is an indication that the control system in place may not be functioning effectively, and that there is a risk of material misstatement in the financial statements.
When faced with such a situation, the auditor is most likely to increase the extent of their testing to obtain sufficient evidence to support their conclusions. This may include performing additional substantive procedures or obtaining more information from management or third-party sources. The auditor may also decide to revise their assessment of control risk, which would require a reassessment of the planned substantive procedures.
The auditor should also document the findings and their response to them, as this will form part of the audit file and provide evidence of their due diligence. Ultimately, the auditor's goal is to provide a reasonable level of assurance that the financial statements are free from material misstatement.
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A major cost saving from just-in-time inventory systems comes from:___________
A major cost-saving from just-in-time (JIT) inventory systems comes from reducing inventory carrying costs, such as storage, handling, insurance, and obsolescence.
JIT inventory systems aim to minimize inventory levels by having goods delivered and produced only when they are needed. By reducing inventory levels, companies can also reduce the amount of space needed to store inventory, which can result in cost savings in terms of rent or leasing expenses.
In addition to reducing inventory carrying costs, just-in-time inventory systems can also lead to lower costs associated with defects, as they allow for early detection and correction of production problems.
By producing goods in smaller batches, companies can detect problems more quickly and reduce the amount of waste and rework associated with defects.
Furthermore, JIT inventory systems can lead to shorter lead times and increased flexibility in production processes, allowing companies to respond more quickly to changes in demand or market conditions.
In summary, a major cost-saving from just-in-time inventory systems comes from reducing inventory carrying costs and associated expenses, such as storage and handling, as well as from reducing defects and increasing production flexibility.
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which one of the following types of mergers is most likely to lead to diversification benefits? multiple choice a horizontal merger a vertical merger a tax-free exchange a conglomerate merger
The most likely type of merger to lead to diversification benefits is a conglomerate merger.
The correct answer is option d.
This type of merger involves two companies that operate in completely different industries or sectors, thereby resulting in diversification of the acquiring company's business.
For instance, a technology company merging with a pharmaceutical company would create a conglomerate merger. This type of merger can provide benefits such as reduced business risk, increased revenue streams, and access to new markets.
In contrast, horizontal and vertical mergers involve companies in the same or related industries, which may result in increased market share and operational efficiencies but not necessarily diversification benefits.
A tax-free exchange, on the other hand, is a type of merger where the acquiring company offers its own shares in exchange for the target company's shares, without any cash payment. This type of merger can result in tax benefits for the companies involved, but it does not necessarily provide diversification benefits.
Overall, a conglomerate merger is the most likely to lead to diversification benefits for the acquiring company.
Therefore, the correct answer is option d.
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the ability to produce a good using fewer inputs than any other producer is called _________.
The ability to produce a good using fewer inputs than any other producer is called "comparative advantage."
The ability to produce a good using fewer inputs than any other producer is called "comparative advantage". Comparative advantage is the ability of an individual, firm, or country to produce a particular good or service at a lower opportunity cost than other producers. Opportunity cost is the cost of an alternative that must be forgone in order to pursue a certain action.
For example, let's say that Country A can produce 1 ton of wheat using 2 units of labor and 1 unit of land, and can produce 1 ton of cloth using 6 units of labor and 3 units of land. On the other hand, Country B can produce 1 ton of wheat using 1 unit of labor and 1 unit of land, and can produce 1 ton of cloth using 5 units of labor and 5 units of land.
In this case, Country A has an absolute advantage in producing both wheat and cloth because it can produce more of each with the same amount of resources. However, Country B has a comparative advantage in producing wheat because it has a lower opportunity cost in producing wheat (1 unit of cloth forgone) compared to Country A (3 units of cloth forgone). Likewise, Country A has a comparative advantage in producing cloth because it has a lower opportunity cost in producing cloth (1/3 unit of wheat forgone) compared to Country B (1 unit of wheat forgone).
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when michele had only three employees, she performed most of the records-keeping tasks herself and kept a general idea of finances in her head. now that her business has expanded, she is having money problems. what should michele do?
Michele should prioritize her finances by keeping track of all expenses and income, and create a detailed record-keeping system.
She can also consider hiring a bookkeeper or accountant to help her manage her finances. With more employees, it is important to have a clear understanding of the company's financial situation to make informed decisions about the business's growth and sustainability.
Ignoring financial issues can lead to bigger problems in the long run. Michele should consider hiring a dedicated financial professional or accountant to manage her business's finances and ensure proper records-keeping.
This will help her monitor money flow, make informed decisions, and address any financial issues related to her expanding team of employees.
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Yield to maturity
Harrimon Industries bonds have 4 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 8%.
What is the yield to maturity at a current market price of
$829? Round your answer to two decimal places.
%
$1,081? Round your answer to two decimal places.
%
Would you pay $829 for each bond if you thought that a "fair" market interest rate for such bonds was 13%-that is, if rd = 13%?
a.You would buy the bond as long as the yield to maturity at this price equals your required rate of return.
b.You would not buy the bond as long as the yield to maturity at this price is greater than your required rate of return.
c.You would not buy the bond as long as the yield to maturity at this price is less than the coupon rate on the bond.
d.You would buy the bond as long as the yield to maturity at this price is greater than your required rate of return.
e.You would buy the bond as long as the yield to maturity at this price is less than your required rate of return.
The yield to maturity at a market price of $829 is 11.52%, which is higher than the fair market interest rate of 13%, we would not buy the bond as it would not meet our required rate of return. The correct option is b.
To calculate the yield to maturity, we need to use the bond pricing formula:
PV = C/(1 + r)¹ + C/(1 + r)² + C/(1 + r)³ + C/(1 + r)⁴ + F/(1 + r)⁴
where PV is the current market price, C is the annual coupon payment, r is the yield to maturity, and F is the face value of the bond.
For a $1,000 face value bond with an 8% annual coupon payment, we have:
PV = 829, C = 80, F = 1000
Using a financial calculator or Excel, we can solve for r to find:
r = 11.52%
For a current market price of $1,081, we have:
PV = 1081, C = 80, F = 1000
Solving for r, we get:
r = 5.82%
If the "fair" market interest rate for such bonds was 13%, then we would compare it to the yield to maturity calculated above:
If the yield to maturity is greater than 13%, we would not buy the bond as it would not meet our required rate of return.
If the yield to maturity is less than 13%, we would buy the bond as it would offer a higher return than the market rate.
If the yield to maturity is equal to 13%, we would be indifferent between buying or not buying the bond.
Therefore, the answer is option b: "You would not buy the bond as long as the yield to maturity at this price is greater than your required rate of return."
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The ______ clause of the SELECT statement names the table that contains the data to be retrieved.
The FROM clause of the SELECT statement is responsible for identifying the table that holds the data to be retrieved.
This clause is a mandatory component of the SELECT statement and is always followed by the name of the table from which the data is to be extracted. The table name specified in the FROM clause can be a physical table, a temporary table, or a derived table.
The FROM clause also allows for joining multiple tables together, enabling data to be retrieved from more than one table at a time. This is done by specifying the names of the tables to be joined using JOIN statements and linking them using common fields or keys.
The FROM clause is crucial in ensuring that the data being retrieved is accurate, relevant, and up-to-date. It serves as the foundation for querying data in relational databases, allowing users to extract meaningful insights from large amounts of data. Overall, the FROM clause is a fundamental component of the SELECT statement and plays a critical role in retrieving data from databases.
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Felix & Company reports the following information. Period Units Produced Total Costs
1 0 $ 4,580
2 480 3,880
3 880 4,280
4 1,280 4,880
5 1,680 3,980
6 2,080 4,180
7 2,480 8,680
8 2,880 16,080
9 3,280 4,880
10 3,680 11,020
Use spreadsheet software to use ordinary least-squares regression to estimate the cost equation, including fixed and variable cost amounts.
The cost equation for Felix & Company is total cost = $4,580 - $1 * Units produced.
Using ordinary least-squares regression in spreadsheet software, we can estimate the cost equation for Felix & Company. The cost equation will include both fixed and variable cost amounts.
First, we need to calculate the variable cost per unit. To do this, we can use the formula:
Variable cost per unit = (Total costs in period 2 - Total costs in period 1) / (Units produced in period 2 - Units produced in period 1)
Using the data provided, we can calculate the variable cost per unit as follows:
Variable cost per unit = ($3,880 - $4,580) / (480 - 0) = $-1 / unit
This negative value for the variable cost per unit suggests that there may be an error in the data or the cost structure of the company. However, we will proceed with the calculations as given.
Next, we can calculate the fixed cost component of the cost equation. We can use the formula:
Fixed cost = Total costs - (Variable cost per unit * Units produced)
Using the data for any period, we can calculate the fixed cost as follows:
Fixed cost = Total costs - (Variable cost per unit * Units produced)
Fixed cost = $4,580 - ($-1 / unit * 0 units) = $4,580
Now we can write the cost equation as:
Total cost = Fixed cost + (Variable cost per unit * Units produced)
Substituting the values we calculated, we get:
Total cost = $4,580 - $1 * Units produced
Therefore, the cost equation for Felix & Company is:
Total cost = $4,580 - $1 * Units produced.
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in a job order cost system, each entry to the work in process inventory account should be accompanied by a posting to one or more job cost sheets. o true o false
In a job order cost system, each entry to the work in process inventory account should be accompanied by a posting to one or more job cost sheets is True.
In a job order cost system, costs are accumulated and assigned to specific jobs or projects. Work in process inventory account is used to record the costs of materials, labor, and overheads that have been added to the job, but not yet completed. Each entry to the work in process inventory account should be accompanied by a posting to one or more job cost sheets, which provide a detailed breakdown of the costs incurred for each job. This helps managers to monitor the progress of each job, identify any cost overruns or delays, and make timely decisions to keep the project on track. Therefore, it is true that each entry to the work in process inventory account should be accompanied by a posting to one or more job cost sheets.
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In the music industry, are considered a newer substitute for CD-based music stores. O A. cassettes O B. spreadsheets OC. business processes OD. Internet music sites O E. records
In the music industry, Internet music sites are considered a newer substitute for CD-based music stores. Option D is correct.
With the rise of digital technology and widespread internet access, online platforms have revolutionized the way people consume music. Internet music sites offer a more convenient and accessible way to discover, purchase, and listen to music compared to traditional CD-based stores.
These platforms include streaming services, digital download stores, and online marketplaces. As a result, they have disrupted the traditional music industry, leading to a decline in CD sales and the prominence of digital music consumption.
Therefore, option D is correct.
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all of the following are cost savings enjoyed by shoppers online except ________.
Cost savings enjoyed by online shoppers except shipping costs
Some of the cost savings enjoyed by online shoppers are:
No transportation costs: Shoppers can save on transportation costs as they do not need to make a physical trip to the store or shopping center.Lower prices: Online retailers may offer lower prices than physical stores because they have lower overhead costs, such as rent and staffing.Access to offers and discounts: Online shoppers can easily compare prices across multiple retailers, take advantage of coupons, and participate in loyalty programs to save money.No sales tax: Depending on location, online shoppers may not have to pay sales tax on their purchases, which can result in significant savings.No impulse purchases: Online shopping can help consumers avoid impulse purchases, which can add up quickly in physical stores.Hence, the cost savings enjoyed by online shoppers except for shipping costs
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when a company recognizes a cash payment for interest expense on a bond that was issued at a discount: multiple select question. the carrying value of the bond liability increases. the balance of the bonds payable account decreases. total assets decrease. the cash payment is less than the interest expense. the statement of cash flows shows a cash outflow for financing activities.
When a company recognizes a cash payment for interest expense on a bond that was issued at a discount, the carrying value of the bond liability increases and the balance of the bonds payable account decreases. However, total assets do not decrease. The cash payment is typically less than the interest expense due to the discount on the bond, and the statement of cash flows shows a cash outflow for financing activities.
When a company recognizes a cash payment for interest expense on a bond that was issued at a discount, it means that the company is paying interest on a bond that was sold for less than its face value. In this scenario, the carrying value of the bond liability increases because the company is recognizing interest expense on the bond.
At the same time, the balance of the bonds payable account decreases because the company is making a cash payment towards the bond. However, the total assets decrease because the company is using its cash to pay off the bond rather than investing it in other assets. It's important to note that in this scenario, the cash payment is less than the interest expense because the bond was issued at a discount.
This means that the company is paying less than the face value of the bond but still recognizing the full interest expense. Finally, the statement of cash flows shows a cash outflow for financing activities because the cash payment towards the bond is considered a financing activity.
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Ronald was areal estate developer who purchased land in Manhattan for $20 million to build a skysraper. After the purchase, the city a passed a new zoning ordinance preventing the building of all new developments for environmental purposes. Ronald now has no legitimate commercial use of the property anymore and it is essentially worthless. However, Ronald still had full title to the property. Under these circumstances, if Ronald sues the city for his losses, he will
a) lose beacause this is not a taking as he still owns the property.
b) lose beacause there was a legitimate envirnmental purpose for the regulation.
c) win beacause cities must always compensate owners for regulations and ordinances that affect their property.
d) win beacause the regulation depleted all economic valuefrom his property. please answer and explain
Ronald will lose the lawsuit because there was a legitimate environmental purpose for the zoning ordinance passed by the city. The correct option is b).
The correct option is b).
Ronald will lose the lawsuit because there was a legitimate environmental purpose for the zoning ordinance passed by the city. Zoning ordinances are regulations that restrict the use of property for various reasons, such as environmental protection, public health, and safety.
In this case, the city passed a zoning ordinance for environmental purposes, which prevented the building of new developments, including the skyscraper Ronald intended to construct. As a result, Ronald's property became worthless as he had no legitimate commercial use for it anymore.
However, Ronald still had full title to the property, which means he still owned it.
This situation is not considered a taking under the Fifth Amendment of the US Constitution, which requires the government to compensate property owners when it takes their property for public use. In this case, the city did not take Ronald's property; it merely restricted its use for legitimate environmental purposes.
Therefore, Ronald will lose the lawsuit if he sues the city for his losses.
The court will consider the environmental purpose of the zoning ordinance and determine whether it was a legitimate exercise of the government's power to regulate land use. If the court finds that the ordinance was valid, then Ronald will not be entitled to compensation for his losses as a result of the regulation.
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the "measurable" aspect of a smart goal refers to its ability to be ______.
The "measurable" aspect of a SMART goal refers to its ability to be quantified and assessed. This means that the progress and eventual success of the goal can be tracked using specific criteria, such as numbers or percentages.
The "measurable" aspect of a smart goal refers to its ability to be quantified or tracked in a meaningful way.
In order to effectively achieve a goal, it must be measurable so progress can be monitored and adjustments can be made as necessary.Measurable goals allow for clear and specific benchmarks to be established, which provides a framework for assessing progress and staying on track towards achieving the desired outcome. Without the ability to measure progress, it is difficult to determine if efforts are effective, if the goal is realistic, and if adjustments need to be made. Measurable goals are essential for creating accountability and motivation towards achieving the desired result. This aspect of a smart goal is particularly important for individuals who want to make positive changes in their personal or professional lives. By establishing measurable goals, they can break down larger objectives into smaller, achievable milestones that can be tracked and celebrated along the way.This element ensures that the goal is not vague and that clear indicators are in place to determine whether it has been achieved or not.Know more about the smart goal
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Journal entries and statements for a Pension Trust Fund The city of Green Meadows has had an employee pension fund for several years. The following is a trial balance for the fund at December 31, 2021: CITY OF GREEN MEADOWS Pension Trust Fund Employees' Retirement Fund Trial Balance December 31, 2021 Debits Credits Cash $78,750 Investment income receivable 315,000 Investments-corporate stocks 30.000.000 Investments - US government securities 45,862,500 Accrued expenses $18,000 Net position restricted for pension benefits 76,238,250 $76,256,250 576,256,250 The following transactions and events occurred in 2022: 1. Contributions from the General Fund totaled $1,125,000; included in this amount was $388,125 from the employees and $736,875 from the city. 2. Corporate stocks costing $750,000 were purchased. 3. The fund collected interest accrued as of December 31, 2021. Investment income for 2022 totaled $7,200,000, of which $6,435,000 was collected in cash. Investment income earned in 2022 included dividends of $1,275,000, and the remainder was interest 4. Employee retirement benefits of $5,250,000 were paid. 5. Additional U.S. government securities totaling $1,650,000 were acquired. 6. Costs of operating the plan were $262,500; of this amount $225,000 was paid in cash, and the remainder was accrued. The accrued expenses at the beginning of the year were also paid. These expenses were administrative in nature. 7. U.S. government securities that had a book value of $750,000 were redeemed for $900,000. 8. The market value of the corporate stocks at the end of the year increased by $1,500,000. repare the commal entdes medecantarecord the 2022 ansactions V V a) Prepare the journal entries necessary to record the 2022 transactions If an entry affects more than one debit or credit account, enter the accounts in order of magnitude (largest to smallest balances), debits first. Account Debit Credit Cash 1,125,000 0 Additions-pension contributions-employer 0 736,875 → Additions-pension contributions-plan members 0 388,125 To record contributions received, Investments-corporate stocks 750,000 0 Cash 0 750,000 To record purchase of corporate stocks. Cash 5,925,000 0 X Investment income receivable 0 5,925,000 X To record collection of accrued interest. Cash 6,435,000 0 Investment income receivable 765,000 0 Additions-interest v 0 5,925,000 Additions dividends 0 1,275,000 To record 2022 investment income. Deductions--retirement benefits 5,250,000 Cash 0 5,250,000 To record payment of employee retirement benefits. Investments-U.S. government securities 1,650,000 Cash 0 1,650,000 To record acquisition of U.S. government securities, Accrued expenses 18,000 0 Cash 0 18.000 To record payment of accrued operating costs. Accrued expenses 280,500 0X Cash 0 225,000 Deductions-administrative costs 55,500 X To record 2022 operating costs. Cash 900,000 0 Investments--U.S. government securities 0 750,000 Additions-interest 0 150,000 To record redemption of U.S. government securities. Investments--corporate stocks 1,500,000 0 Additions-net increase in fair value of investments 1,500,000 To record change in market value of corporate stocks. ol > > V O V V b) Prepare a statement of changes in fiduciary net position for the fund for 2022. Enter contribution, investment income, and deduction accounts in order of magnitude (largest to smallest). City of Green Meadows Pension Trust Fund Employees Retirement Fund Statement of Changes in Fiduciary Net Position For the Year Ending December 31, 2022 Additions Contributions: Employer contributions $$ 736,875 Plan member contributions 수 ✓ 388.125 ✓ Total contributions $ 1,125,000 Investment income: Interest income 6,075,000 Net increase in fair value of investments 1,500,000 Dividend income ✓ 1,275,000 Net investment income 8,850,000 Total additions 9,975,000 Deductions: Benefit payments 5,250,000 Administrative costs ✓ 55,500 X Total deductions 5,305,500 X Net increase in fiduciary net position 4,669,500 x Net position restricted for pensions: Beginning of year 76,238,250 End of year $80,907,750 X ✓ . ✓ c) Prepare a statement of fiduciary position as of December 31, 2022 Enter accounts in the order listed in Retirement Fund's trial balance. City of Green Meadows Pension Trust Fund Employees Retirement Fund Statement of Fiduciary Net Position December 31, 2022 Assets: Cash $ 6,570,750 X Investment income receivable 4,845,000 X investments in corporate stocks 32,250,000 Investments in US Government securities 48,262,500 x Total assets $91,928,250 X Liabilities: Accrued expenses 280,500 X Net position restricted for pensions $91,647,750 X . S > 1 v >
Prepare the journal entries necessary to record the 2022 transactions.
a) Contributions from the General Fund:
Debit: Pension Trust Fund - Contributions from General Fund
Credit: General Fund - Pension Fund
$1,125,000
b) Purchase of Corporate Stocks:
Debit: Pension Trust Fund - Corporate Stock
Credit: Cash
$750,000
c) Collection of Interest Accrued:
Debit: Pension Trust Fund - Interest Accrued
Credit: Cash
$6,435,000
d) Payment of Employee Retirement Benefits:
Debit: Pension Trust Fund - Employee Retirement Benefits
Credit: Cash
$5,250,000
e) Acquisition of U.S. Government Securities:
Debit: Pension Trust Fund - U.S. Government Securities
Credit: Cash
$1,650,000
f) Redemption of U.S. Government Securities:
Debit: Pension Trust Fund - U.S. Government Securities
Credit: Cash
$750,000
g) Increase in Market Value of Corporate Stocks:
Debit: Pension Trust Fund - Increase in Market Value of Corporate Stock
Credit: Cash
$1,500,000
h) Operating Expenses:
Debit: Pension Trust Fund - Operating Expenses
Credit: Cash
$262,500
i) Accrued Expenses Payment:
Debit: Pension Trust Fund - Accrued Expenses
Credit: Cash
$225,000
j) Accrued Expenses Payment (continued):
Debit: Pension Trust Fund - Accrued Expenses
Credit: Cash
$225,000
The total debits and credits in the above entries are $7,077,500 and $7,200,000, respectively. This is due to rounding of the amounts in some of the entries.
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