Answer:
PTCB
Explanation:
The Pharmacy Technicians Certification board is the full meaning of PTCB. It was formed by a group of pharmacy societies and community with its aim being to develop, maintain, promote, administer a nationally accredited program. It is the only society in America to ensure the transparency of medical observation as well as certify nothing do them. maybe na that one.
Cheers.
Anne Teek works full time as the manager of her used furniture store in which she has invested $40,000. Last year, her total revenues were $90,000 and her costs were $60,000 for merchandise, gas, electricity, and other explicit-cost items. Ms. Teek pays herself a "competitive" salary of $30,000 per year. An economist would consider her profits for the year to be
Answer:
C. $0 minus the opportunity cost of the $40,000 of capital invested in the store.
Explanation:
Data provided in the question
Invested amount for furniture = $40,000
Total revenues = $90,000
Miscelleanous Cost = $60,000
Competitive salary = $30,000
Based on the above information, the profits for the year is $0 that should be less the opportunity cost i.e $40,000 that represents the capital invested in the store and the same is to be considered
Hence, the correct option is c.
A broker represents a seller but is currently working with a buyer to find a home. Assuming that no statute has replaced the traditional common law of agency, which of these correctly identifies the parties in this relationship?
Answer:
A). The broker is the seller's agent; the buyer is the broker's customer.
Explanation:
The first statement most aptly identifies the two different parties in this given relationship. The broker is the seller's agent as he would represent him and assist him in listing his properties for sale as per the terms set by him. This would help the seller in receiving the best price for his property and also in ensuring all the legal requirements to be met in time. The buyer is the broker's customer as he assists him in providing a variety of housing options to choose from according to his needs and requirements. Thus, the broker is representing both the buyer and the seller distinctively. Hence, option A is the correct answer.
n investment adviser has 3 managing partners and 3 investment adviser representatives. All of the partners have completed the Certified Financial Planner (CFP) program and received the designation. The 3 IARs have been enrolled in a CFP preparation course and are scheduled to take the next CFP exam. The IA publishes an advertisement that states: "All of our partners are Certified Financial Planners." This advertisement is:
Answer: permitted since it is true
Explanation:
From the question, we are informed that an investment adviser has 3 managing partners and 3 investment adviser representatives and that all of the partners have completed the Certified Financial Planner program and received the designation.
We are further told that the 3 IARs have been enrolled in a CFP preparation course and are scheduled to take the next CFP exam. The IA publishes an advertisement that states: "All of our partners are Certified Financial Planners."
This advertisement is allowed because the advertisement is true. Since, we are already given the information that the 3 partners of the firm have done their Certified Financial Programs, therefore, the statement is true and not a misleading one.
Jones Manufacturing purchased $10,000 of merchandise inventory on account from a vendor and paid a $500 freight bill. The credit terms are 2/10 or n/30. Because some of the merchandise was not needed, Jones Manufacturing returned $2,000 the same day. Jones Manufacturing uses the perpetual inventory system and made payment for the merchandise, less the return, within the discount period. What is the final cost of the merchandise inventory for Jones Manufacturing from this purchase?
Answer:
$7,840
Explanation:
the journal entries to record the purchase are:
Dr Merchandise inventory 10,000
Cr Accounts payable 10,000
Dr Merchandise inventory 500
Cr cash 500
Dr Accounts payable 2,000
Cr Merchandise inventory
Dr Accounts payable 8,000
Cr Cash 7,840
Cr Purchase discounts 160
When we take taxes into account, MM's 1958 Proposition could no longer hold, and the capital structure can be essential because of:____________.
a. higher operating income from lower dividends.
b. interest tax shield.
c. higher tax rates on retained earnings than on debt.
d. lower tax rates on dividends than on debt.
Answer:
MM's 1958 PropositionWhen we take taxes into account, MM's 1958 Proposition could no longer hold, and the capital structure can be essential because of:
b. interest tax shield.Explanation:
The propositions of Miller and Modigliani are that a firm's market value does not depend on the capital structure and the cost of equity increases as the percentage of debt increases.
But, when taxes are accounted for, MM's Propositions are no longer tenable, because debts provide interest tax shield and the market value of a firm is impacted by debts' interests and the tax shield that interests provide. Tax burden is reduced with interests on debts. This increases the Earnings per share, an important element in the valuation of a firm's market value.
The cause due to which capital structure is significant as per MM's 1958 proposition would be:
B). Interest tax shield.
MM's 1958 PropositionThe propositions made by MM i.e. Miller and Modigliani state that the value of a specific firm must not rely upon the capital structure it possesses.
They rather laid emphasis on calculating the worth by deducting that the tax shield is being displayed due to the interests received on the debts owned by the company.
This leads the firms to release their burden of taxes by shielding it through debts and as a result, the income increases. Therefore, this element must be involved while calculating the value of the firm.
Thus, option B is the correct answer.
Learn more about "Income Tax" here:
brainly.com/question/2193422
Energizer batteries are sold in multipacks to make it more convenient for the consumer, who usually needs more than one battery at a time. Energizer batteries would be classified as a ____ product.
Answer:
convenience
Explanation:
A convenience product is a good that people buy frequently and they don't think a lot or compare which brand to buy. Also, these are products that tend to have a cheap price and can be found in different places. According to this, the answer is that energizer batteries would be classified as a convenience product because it is not an expensive product, it can be found in many places and people buy batteries all the time for their devices.
Barnes' Brothers has the following data for the year ending 12/31/2015: Net income = $600; Net operating profit after taxes (NOPAT) = $700; Total assets = $2,500; Short-term investments = $200; Stockholders' equity = $1,800; Total debt = $700; and Total operating capital = $2,100. Barnes' weighted average cost of capital is 10%. What is its economic value added (EVA)?
Answer: $490
Explanation:
Economic value added is the estimate of the economic profit of a firm. The economic value added(EVA) is also gotten when the capital charge for the raise of the firm's capital is deducted from the net profit.
Based on the above information, the economic value added will be:
= Net profit - (Total Operating capital × Weighted average cost of capital)
= $700 - ($2,100×10%)
= $700 - $210
= $490
Ben Is Currently Managing A Campaign That Has A Total Investment Of $7,000, Generates 1,400 Conversions And Has A CPA (Cost Per Acquisition) Of $5. Ben Needs To Sell Excess Inventory. To Meet This Goal, He’s Willing To Increase His CPA And Campaign Investment. Which Of The Following Plans, Built In The Performance Planner, Will Assist Ben In Achieving His Marketing Goal Of Selling Excess Inventory?
February 7, 2020 - by odmt
Q. Ben Is Currently Managing A Campaign That Has A Total Investment Of $7,000, Generates 1,400 Conversions And Has A CPA (Cost Per Acquisition) Of $5. Ben Needs To Sell Excess Inventory. To Meet This Goal, He’s Willing To Increase His CPA And Campaign Investment. Which Of The Following Plans, Built In The Performance Planner, Will Assist Ben In Achieving His Marketing Goal Of Selling Excess Inventory?
A. An investment of $9,600 to generate 1,600 conversions with a CPA of $6
B. An investment of $9,800 to generate 1,400 conversions and a CPA of $7
C. An investment of $8,400 to generate 1,400 conversions and a CPA of $6
D. An investment of $9,100 to generate 1,300 conversions and a CPA of $7
Answer:
The answer is "Option A"
Explanation:
In the given question only choice "A" is correct because the amount of 9,600 dollars to produce 1600 CPA transformations of 6 dollars. In this, it only plans for having the highest conversions, which allows at the lowest CPA. In this plan, it helps the ben for accomplishment to his business target of surplus inventory sales.
Lenny's Landing has a net Section 1231 gain in the current year of $12,000. In the previous five years, there are $3,000 in unrecaptured Section 1231 losses. How will Lenny's gain be taxed in the current year
Answer:
As the $3,000 is unrecaptured losses, it will be carried forward to this year and would be set off against the current year's capital gains.
Explanation:
The previous year unrecaptured loss of $3000 will carried forward and would be set off against the capital gains of $12,000. The gain for the year can be calculated as under:
Capital Gain for the year = Gain Before unrecaptured losses - Carried Forward Losses
By putting values, we have:
Capital Gain for the year = $12,000 - $3,000 = $9,000
The resultant $9,000 would be the capital gain for the year.
________ determines the point at which the sum of carrying costs and ordering costs are minimized, or the point at which carrying costs equal ordering costs. Group of answer choices Reorder point Economic Order Quantity When to order Inventory turnover
Answer:
Economic Order Quantity
Explanation:
The economic order quantity is the quantity at which the ordering cost and the carrying cost is minimized and equivalent to each other. It is the quantity that should be purchased by the company so that the cost of ordering and the holding cost could be less
The formula to compute it is shown below:
[tex]= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}[/tex]
Hence, the correct option is b i.e. economic order quantity
If actual output exceeds potential output, the economy: Multiple Choice is experiencing an inflationary gap. is in neither a short-run nor long-run equilibrium. is experiencing a recessionary gap.
Answer:
Is experiencing an inflationary gap.
Explanation:
An inflationary gap can be defined as a macroeconomic concept which measures the difference between the actual output (Real Domestic Products) and the potential output (Gross Domestic Products) when an economy is being operated at full employment.
Hence, if actual output exceeds potential output, the economy is experiencing an inflationary gap. This simply means that, the consumers are demanding more of the goods and services than the economy (business entities) can produce or provide at a specific period of time. Also, when an inflationary gap occurs in an economy, there would be an increase in the price of goods and services and thus, causing the economy to be out of equilibrium.
How do you start an organization?
For a Profit Organization:
1. Select the best business structure which favors you in taxes and protect. Such as corporation, limited liability company, sole proprietorship, general partnership, limited partnerships or a professional incorporation.
2. Decide the name you want to use to advertise your business.
3. Register company name with the state, county and the federal if applicable.
4. Check licensing requirements with the city county, city, state and federal.
5. Open a bank account
6. Advertising and Marketing
For a Non Profit Organization:
1. There are two types of non profit organizations religious and good cause.
2. It has to be registered wither with the state or county, depending upon the structure and the state you want to incorporate.
3. Apply with the federal to obtain a tax exempt status, so that your donors can claim donations on their tax returns.
4. Open a bank account
5. Delegate duties what you have mentioned in the article you submitted to the Internal Revenue Service.
An aging of a company's accounts receivables indicates that the estimate of uncollectible receivables totals $7,900. If the Allowance for Doubtful Accounts has a $700 credit balance, the adjustment to record the bad debt expense for the period will require a
Answer:
Debit to Bad Debt Expense Account for $7,200
Explanation:
Based on the information given we were told that the company accounts receivable shows the estimate of uncollectible receivables of the amount of $7,900 which means that if the Allowance for Doubtful Accounts has an amount of $700 as a credit balance, the adjustment to record the bad debt expense will be :
Debit to Bad Debt Expense account for the amount $7,200 calculate as :
Uncollectible receivables totals $7,900-Allowance for Doubtful Accounts $700 =$7,200
(7,900 - 700 )
"Manson Industries incurs unit costs of $8 ($5 variable and $3 fixed) in making an assembly part for its finished product. A supplier offers to make 12,400 of the assembly part at $6 per unit. If the offer is accepted, Manson will save all variable costs but no fixed costs. Prepare an analysis showing the total cost saving, if any, Manson will realize by buying the part. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)"
Answer:
There is negative saving on total cost when it buys = -$12400
Explanation:
Per unit fixed costs = $3
Per unit variable costs = $5
Total cost of an unit = $8
Offer by supplier = 12400 units at $6 per units.
First calculate the amount when it makes:
Variable cost = 12400*5 = 62000
Fixed costs = 12400*3 = 37200
Total cost when it makes = 62000 + 37200 = $99200
First calculate the amount when it buys:
Fixed costs = 12400*3 = 37200
Purchase price = 12400*6 = $74400
Total cost when it buys = 37200 + 74400 = $111600
Since the total cost of buying is greater, so it should make the part.
However, the total cost saving when it makes the part = Total cost when it buys -Total cost when it makes
= $111600-$99200
= $12400
There is negative saving on total cost when it buys = -$12400
5) In a building construction project, 7,500feet of insulated ductwork is required. The ductwork is made from 14-gauge steel costing $8.50 per pound. The 24-inch-diameter duct weighs 15 pounds per foot. Insulation for the ductwork costs $10 per foot. Engineering design will cost $16,000, and labor to install the ductwork will amount to $180,000. What is the total cost of the installed ductwork for this project?
Answer:
$1,227,250
Explanation:
Calculation for the total cost of the installed ductwork for this project
First step is to calculate the costs that have to be estimated based on unit technique for both material and insulation
Material: 7,500ft*15 lb/ft*$8.5/lb=$956,250
Insulation: 7,500ft *$10/ft=$75,000
The next step is to calculate for the Total cost
Engineering design cost $16,000,
Labor $180,000
Material $956,250
Insulation $75,000
Total cost $1,227,250
Therefore the Total cost of the installed ductwork for this project will be $1,227,250
Corporation has 10 comma 000 shares of 5%, $ 15 par cumulative preferred stock and 45 comma 000 shares of common stock outstanding. Diazlo declared no dividends in 2017 and had no dividends in arrears prior to 2017. In 2018, Diazlo declares a total dividend of $ 54 comma 000. How much of the dividends go to the common stockholders?
Answer:
$39,000
Explanation:
For determining of dividend available first we need to compute the preferred dividend which is shown below:-
Preferred dividend = Number of shares × Shares percentage × par value
= 10,000 × 5% × $15
= $7,500
Dividends available = Dividend + Preferred dividend in 2017 - Preferred dividend in 2018
= $54,000 - $7,500 - $7,500
= $39,000
Seller Adelaide and buyer Colin close on a transaction for two rental condos on March 15. They live in a state where the seller is considered the owner of the property on the day of closing. The combined rental income per month is $4,000. How much rental income can Colin expect to earn in March
Answer:
$2,064.48
Explanation:
Given the following :
Combined rental income per month = $4000
Transaction close date = March 15th
Number of days in March = 31
Daily Rental income for the two condos :
Income per month / days of the month
$4000 / 31
= 129.03
Number of days left in March = number of days payment Collins will make
= 31 - 15 = 16 days
Total rental payment in March :
Daily Rental fee × number of days left
$129.03 × 16 = $2,064.48
= $2,064.48
Once a surplus is accumulated, more people can engage in trade. Initially, the surplus goods of preindustrial economies are distributed through a system of __________, which is the direct exchange of goods or services considered of equal values by the traders.
Answer: battering
Explanation:
Initially, the surplus goods of preindustrial economies are distributed through a system of battering which is the direct exchange of goods or services considered of equal values by the traders.
In trade by barter, no cash is involved but rather goods with thesame values that are equivalent are exchanged.
At December 31, 2017, before any year-end adjustments, Janus Company's Prepaid Insurance account had a balance of $2,800. It was determined that $1,200 of the Prepaid Insurance had expired. Which of the following is the correct adjusted balance for Prepaid Insurance at December 31, 2017?
a. $1,200.
b. $2,700.
c. $1,900.
d. $1,500.
Answer:
$1,600
Explanation:
Calculation for the adjusted balance for Prepaid Insurance at December 31, 2017
Based on the information given we were told that the company Prepaid Insurance account had a balance of the amount of $2,800 in which the of $1,200 of the Prepaid Insurance had expired this means that the correct adjusted balance for Prepaid Insurance at December 2017 will be calculated as:
Prepaid Insurance balance $2,800
Less Expired Prepaid insurance $1,200
Adjusted balance of prepaid insurance$1,600
Therefore the correct adjusted balance for Prepaid Insurance at December 2017 will be $1,600
A branding strategy in which a firm markets some products under its own name and other products under the name of a reseller because the segment attracted to the reseller is different from its own market is referred to as
Answer:
mixed branding
Explanation:
The branding refers to promoting the product and services of the company with the tagline, label, attractive design, etc
While on the other hand, the mixed strategy is the marketing strategy in which the company produced the goods with its name and other similar goods are labeled for a reseller which is to be marketed in a different way with the help of resellers
Therefore the given situation, represents the mixed branding
When Natalie and Chris analyze the results from the recently completed test market to determine if any changes in the marketing mix are needed, they are in the ____ phase of the new-product development process.
Answer:
commercialization
Explanation:
Based on this information it seems that Natalie and Chris are in the commercialization phase of the new-product development process. This phase is the process of introducing a new product or production into the market. Since Natalie and Chris finished testing the market and determined that the product no longer needs any changes they are now in the commercialization phase, which is also the last phase in the product development process.
What is asset allocation? Why is this used?
Answer:
Asset allocation is an investment portfolio technique that aims to balance risk by dividing assets among major categories such as cash, bonds, stocks, real estate, and derivatives. Each asset class has different levels of return and risk, so each will behave differently over time :)
Explanation:
your welcome! :D
Divina Pharma Inc. and MF Electronics Inc. have together invested and created a new organization, FirstHealth Inc. to focus on developing diagnostic devices. Through this new firm, both companies are attempting to combine their core competencies to innovate and reduce their risks associated with transaction- -specific investments. However, the new organization operates independent of Divina Pharma and MF Electronics. Which of the following alternatives to integration does this scenario best illustrate?
A. a joint venture
C. a licensing contract
D. a corporate acquisition
Answer: A.) a joint venture
Explanation: A joint venture could be explained as a collaboration of resources involving to or more parties to fund or begin a new venture or business. This newly created venture does not have anything to do with previously owned business belonging to either of the collaborating parties. In the scenario above, Divina Pharma Inc and MF Electronics Inc. both pooled resources together to form a joint Venture named FirstHealth Inc. aimed at tackling a specific business problem. However, the collaboration does not mean both Divina and MF are now together as both are independent companies.
Q 8.25: Both Fowler Landscaping and Stanley Cleaning Services have estimated their uncollectible accounts for 2018 to be $3,500. In addition, both companies use the allowance method for uncollectible accounts. If Stanley Cleaning Services has to record a larger adjusting entry for their Allowance for Doubtful Accounts account at the end of 2017, what can you assume about the balance of the Allowance for Doubtful Accounts account for each company
Answer:
If both companies have similar bad debt expenses, but the adjustment entries vary, that means that the ending balances (for 2017) of the allowance for doubtful accounts was different.
Explanation:
For example, the ending balances (2017) for the allowance for doubtful accounts for both firms were:
Fowler Landscaping: $500 debit balance
Stanley Cleaning Services: $500 credit balance
the adjustment entry for Fowler Landscaping:
December 31, adjustment entry for bad debt expense
Dr Bad debt expense 4,000
Cr Allowance for doubtful accounts 4,000
the adjustment entry for Stanley Cleaning Services:
December 31, adjustment entry for bad debt expense
Dr Bad debt expense 3,000
Cr Allowance for doubtful accounts 3,000
Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Hours Standard Price or Rate Standard Cost Direct materials 7.80 pounds $ 2.30 per pounds $ 17.94 Direct labor 0.30 hours $ 8.00 per hour $ 2.40 During the most recent month, the following activity was recorded:
a. 25,900 pounds of material were purchased at a cost of $2.10 per pound.
b. All of the material purchased was used to produce 3,000 units of Zoom.
c. 700 hours of direct labor time were recorded at a total labor cost of $6,300.
Required: 1. Compute the materials price and quantity variances for the month.
2. Compute the labor rate and efficiency variances for the month.
Answer:
Instructions are below.
Explanation:
Giving the following information:
Standard Cost Direct materials 7.80 pounds $ 2.30 per pounds $7.94
Direct labor 0.30 hours $ 8.00 per hour $ 2.40
Actual:
a. 25,900 pounds of material was purchased at a cost of $2.10 per pound.
b. All of the material purchased was used to produce 3,000 units of Zoom.
c. 700 hours of direct labor time were recorded at a total labor cost of $6,300.
To calculate the direct material price and quantity variance, we need to use the following formulas:
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (2.3 - 2.1)*25,900
Direct material price variance= $5,180 favorable
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (7.8*3,000 - 25,900)*2.3
Direct material quantity variance= $5,750 unfavorable
To calculate the direct labor rate and efficiency variance, we need to use the following formulas:
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
Direct labor time (efficiency) variance= (0.3*3,000 - 700)*8
Direct labor time (efficiency) variance= $1,600 favorable
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Direct labor rate variance= (8 - 6,300/700)*700
Direct labor rate variance= $700 unfavorable
In general, warehousing security can be enhanced by focusing on people, ____, and ____. Group of answer choices Buildings, cost Cost, processes Buildings, equipment Facilities, processes
Answer: equipment Facilities, processes
Explanation:
Warehousing is a job done by a company in a building, garage or basement known as a warehouse for storing and handling goods that will be sold or distributed later. Warehouse security is an important act to protect valuable goods or aspects to prevent financial loss.Warehousing security can be enhanced by focusing on people, equipment facilities and processes (it includes Security officers ,Surveillance system , Alarm systems , Access controls )Network security system).So, the correct answer is equipment Facilities, processes.
During the month of April, it is permissible for an institution's basketball coach to lecture at a non institutional, privately owned basketball camp that is operated under restrictions applicable to institutional camps. True or False
Answer:
False
Explanation:
Since in the question, it is given that in the month of April there is the permission of basketball coach for lecturing at non-institutional camp i.e private owned but it is operated under the restrictions i.e to be applied for only institutional camps
Since it is applicable for only institutional camps but he coached to non-institutional, privately owned
so the given statement is false
An investment-banking firm underwrites a new issue of stocks and bonds by Multiple Choice buying the entire bond or stock issue a company wants to sell at an agreed discount. guaranteeing a minimum price in the market for a stock or bond. selling the entire bond or stock issue for the issuing firm in global markets. putting up collateral for long-term loans, such as bonds.An investment-banking firm underwrites a new issue of stocks and bonds by Multiple Choice buying the entire bond or stock issue a company wants to sell at an agreed discount. guaranteeing a minimum price in the market for a stock or bond. selling the entire bond or stock issue for the issuing firm in global markets. putting up collateral for long-term loans, such as bonds.
Answer:
buying the entire bond or stock issue a company wants to sell at an agreed discount.
Explanation:
An investment-banking firm underwrites a new issue of stocks and bonds by buying the entire bond or stock issue a company wants to sell at an agreed discount.
Underwriting can be defined as the process through which an individual or organization assumes a financial risk at an appropriate and agreed fee.
In order to underwrite a new issue of securities such as bonds or stocks, the investment-banking firm buys the entire securities that the issuer is willing to sell at an agreed discount.
When Panasonic considers how to price a new product, the company determines what price it thinks its customers will pay, and then identifies what profit the company needs. From there the company determines the features it can offer on this product. This method of determining price is known as
Answer:
b) target costing.
Explanation:
Target cost refers to the costing in which the firm is able to reduce its product price during the new development of product process
It could be estimated by
= Market price - expected profit margin
It always be customer focused
As in the given situation, it is mentioned how to determined the price, what actually customer would pay, and the needed profit
So this price determination refers to the target costing
The Federal Open Market Committee (FOMC). Multiple Choice provides advice on banking stability to the Fed. sets policy on the sale and purchase of government bonds by the Fed. follows the actions and operations of financial markets to keep them open and competitive. monitors regulatory banking laws for member banks.
Answer:
follows the actions and operations of financial markets to keep them open and competitive.
Explanation:
In simple words, The Federal Open Market Committee relates to the division of the Federal Reserve Board which decides the course of monetary policy, in particular by coordinating free market activities. The panel is formed up of twelve representatives: the manager, seven FRB supervisors named by the Parliament, and four national federated presidents.
Thus, from the above we can conclude that the correct statement is C.