Answer:
I would politely reach out to XYZ organization and let them know I won't be taking them on their offer
Explanation:
In this particular situation, there is no legal binding in this agreement to start work. There is no responsibility from me to XYZ corporation.
If this new offer excited me more than what XYZ corporation has offered, then I have to decide which company i would decide to do my internship with. So I would have to politely decline the offer from XYZ.
What is statement of retained earnings?
Answer:
A statement of changes in equity and similarly the statement of changes in owner's equity for a sole trader, statement of changes in partners' equity for a partnership, statement of changes in shareholders
Answer:
it is a financial statement prepared by corporation s that details changes in the volume of retained earnings over some period.
Explanation:
☺️hope it will help you.
Individuals influencing an entrepreneur's career choice and style are known as?
Answer: Role model
Explanation: A person who is a role model is someone who serves as an inspiration to others. This person serves as an example because of their personality, their achievements, and their dealings with others. When a person is taken as a role model, they should feel proud as they are influencing others. This will always be something for the better as long as this person is a positive example for others.
People invest Group of answer choices to increase future consumption. to make a lot of money. so they can buy things now. to keep up with the times.
Answer:
People invest:
to increase future consumption.
Explanation:
Investments generate increased returns. These returns add value to the pool of an investor's money which can be used to increase future consumption. Investments are important because they increase productivity of value. The increased value will be future use. For example, if A invests his savings of $5,000 which yields an annual return of $1,000 (or 20%) ROI, and the investment is left for 5 years, by the end of 5 years, A will have $10,000. This implies that he has more money to spend than in the previous five years. A can now spend more $5,000 than he could have spent five years' ago.
Jones Corporation purchased a patent for $600,000 on September 1, 2014. It had a useful life of 10 years. On January 1, 2016, Jones spent $120,000 to successfully defend the patent in a lawsuit. Jones feels that as of that date, the remaining useful life is 4 years. What amount should be reported for patent amortization expense for 2016
Answer:
$160,000
Explanation:
Calculation for What amount should be reported for patent amortization expense for 2018
First is to calculate the Amortization amount
Amortization=$600,000-[($600,000/10 years)x(4/3)
Amortization=$600,000-$80,000
Amortization=$520,000
Now let calculate amount that should be reported for patent amortization expense for 2018
2018 Patent amortization expense=($520,000+$120,000)/4years
2018 Patent amortization expense=($520,000+$120,000)/4years=90,000
2018 Patent amortization expense=$640,000/4years
2018 Patent amortization expense=$160,000
Therefore What amount should be reported for patent amortization expense for 2018 is $160,000
Performance measurement systems are used to assess how well a company is performing toward meeting its own goals and objectives. True False
Answer:
True
Explanation:
This is a true or false question and the answer is true.
It is true because Performance measurement systems are used mostly as a regular way of measuring the results and also the outcomes of a company or organization and a formof assessment to know how well a company is doing towards achieving its own set goals and objectives
Why would Alex Stamos want security researchers to focus on fixing vulnerabilities rather than finding them?
Explanation:
Alex Stamos attended a security conference. This conference was attended by the security professionals, corporations and government entities. Here, Alex Stamos made an important speech to protecting and fixing the vulnerabilities. He urged that the main aim of their should be to protect the matters or the real issues of the users. This may include preventing hacking of the critical infrastructure, the voting machines, personal data of the users are some of the important matters.
Derek has the opportunity to buy a money machine today. The money machine will pay Derek $13,751.00 exactly 12.00 years from today. Assuming that Derek believes the appropriate discount rate is 4.00%, how much is he willing to pay for this money machine?
Answer:
$8,588.83
Explanation:
To determine the amount that Derek would pay for the money machine, we are to calculate the present value of the lump sum to be received in 12 years.
Present value is the sum of discounted cash flows.
Present value can be calculated using a financial calculator
Cash flow each year from year 1 to 11 = 0
Cash flow in year 12 = $13,751.00
I = 4%
Present value = $8,588.83
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
if the inflation rate is positive, purchasing power is _______. The situation is reflected in the ______ rate of return on an investment, which will be ______ the ______ rate of return.
Answer:
If the inflation rate is positive, purchasing power is __reduced_____. The situation is reflected in the __low____ rate of return on an investment, which will be __reducing____ the __market____ rate of return.
Explanation:
Inflation is the general reduction in the value of a currency's purchasing power. It happens when more money is used to buy the same quantity of a good or service than was purchased previously. A currency's purchasing power is the value of the currency in terms of the goods or services that it can buy. Three factors reduce the purchasing power of a currency. They are government regulations, inflation, and disasters. On the other hand, deflation and technological innovations increase the currency's purchasing power.
Answer:
If the inflation rate is positive, purchasing power is reduced. This situation is reflected in the real rate of return on an investment, which will be less than the nominal rate of return.
Explanation:
I got it right on plato/edmentum.
Samantha is interested in setting up her own accounting firm and wants to speciallze in the area ofaccounting that has experlenced the most
significant growth in recent years. Which area of accounting should she choose as her specialty?
Samantha should choose_______as her specialty.
Fill in the blank
Answer:
Samantha should choose Financial Accounting
Explanation:
Financial Accounting is the area of accounting that has experienced the most growth in recent years. This is because of the large size and complexity of financial markets, and the increasing importance that they have in the overall economy.
Financial Accounting specializes in the recording and analysis of financial transactions. Financial transactions are those that a firm uses to obtain funds in order to invest in new projects, pay off other obligations, or simply capitalize the firm.
Daily demand for a product is 160 units, with a standard deviation of 35 units. The product is ordered on a pre-established (fixed) schedule and the review period is 5 days and the lead time is 10 days. At the time of review, there are 30 units in stock. If 99 percent service probability is desired, how many units should be ordered?
Answer:
2686
Explanation:
Given that :
Daily demand (D) = 160
Standard deviation (s) = 35
Review period (T) = 5 days
Lead time (L) = 10 days
Number in stock (I) = 30 units
Service probability α = 99%
Quantity to order Q;
Q = D(T + L) + Z*s + √(T + L) - 1
Zscore p(Z < 0.99) = 2.326 = 2.33(Z probability calculator)
Q = 160(5 + 10) + 2.33 * 35 * √(10 + 5) - 30
Q = 160(15) + (2.33 * 35 * 3.8729833) - 30
Q = 2400 + 315.841788115 - 30
Q = 2685.841788115
Q = 2686
think about how human resources are handled at the company you work for, or one you have worked for in the past. in the discussion thread, comment on the following questions: 1. what steps of the human resources cycle does the company handled well? why? 2. what steps of the human resources cycle are handled poorly? why? 3. how is culture impacted by the human resources department?
Human Resources teams must keep an eye on employees once they are hired to constantly improve.
What is the Human Resources department?The human resources department is an internal organization that exists in companies with the specific objective of hiring new employees and keeping an eye on the well-being and efficiency of the company's employees.
What process did our old company do well?The human resources department of my old company had a good selection method to properly select all its employees so that they were the most suitable for each position.
What process was our old company doing wrong?The human resources department of my old company, despite carrying out several processes effectively, had a flaw in the continuous improvement process because once they hired an employee of theirs, they forgot about their performance and did not constantly evaluate their performance. Nor did they organize improvement plans for the employees.
Learn more about human resources in: https://brainly.com/question/13190588
#SPJ1
Explain the role the product life cycle, competition, and perceptions of quality plays in Ski Butternut pricing.
Answer:
product life cycle, competition, and perceptions of quality are all determinants of pricing in the Ski Butternut business to bring other businesses to the mountain in order to maximize profit.
Explanation:
The product life cycle is the prices of a product or service from its birth to death. The prices are influenced by the demand and supply of the product at each season of its life.
Pricing is influenced by competition between companies offering similar products or services. The Ski Butternut is able to attract more customers and businesses than their competitors, still maintaining the profit margin. The price of the Ski Butternut is increased or high to depict its quality to high-end customers.
Suppose people with 15 years of schooling average earnings of $60,000 while people with 16 years of education average $66,000.
a. What is the annual rate of return associated with the 16th year of education?
b. It is typically thought that this type of calculation of the returns to schooling is biased, because it doesn't take into account innate ability or innate motivation. If this criticism is true, is the actual return to the 16th year of schooling more than or less than your answer in part (a)?
Answer:
a. The annual rate of return associated with the 16th year of education is:
9.1%
b. The actual return of return to the 16th year of schooling is more than 9.1%.
Explanation:
a) Data and Calculations:
Average income for people with 15 years of schooling = $60,000
Average income for people with 16 years of schooling = $66,000
Income associated with the 16th year of education = $6,000 (66,000 - 60,000)
Annual rate of return with the 16th year of education = $6,000/$66,000 * 100 = 9.1%
Sandhill Corporation loaned $590000 to another corporation on December 1, 2020 and received a 3-month, 6% interest-bearing note with a face value of $590000. What adjusting entry should Sandhill make on December 31, 2020?
Answer: Debit Interest Receivable and credit Interest Revenue, $2950
Explanation:
Based on the information given in the question, we have to calculate the interest accrued and this will be:
= $590,000 × 6% × 1/12
= $590,000 × 0.06 × 0.08333
= $2949.882
= $2950 approximately
Therefore, the adjusting entry that Sandhill should make on December 31, 2020 will be to:
Debit Interest Receivable and credit Interest Revenue, $2950
The accountant at Patton Company has determined that income before income taxes amounted to $11,000 using the FIFO costing assumption. If the income tax rate is 30% and the amount of income taxes paid would be $900 greater if the LIFO assumption were used, what would be the amount of income before taxes under the LIFO assumption?
a. $11.900
b. $14,000
c. $8,000
d. $10,100
Answer: b. $14,000
Explanation:
Taxes are 30%. If the LIFO amount will result in $900 more being paid in taxes then that means that $900 is 30% of the increase in income from LIFO.
Increase is therefore;
900 = x * 30%
x = 900/30%
x = $3,000
Income before tax using LIFO;
= FIFO income + increase in income
= 11,000 + 3,000
= $14,000
Match the type of entrepreneurship to the description that best fits
Answer:
4. life style entrepreneur
3. serial entrepreneur
2. social entrepreneur
1.business entrepreneur
Finish the sentence
A ____ is a small piece of ownership in a company
A. Mutual Fund
B. Derivative
C. Bond
D. Stock
for what price would you need to sell your stock in one year in order to earn your required rate of return
Answer: a. $58
Explanation:
Your required return in dollars is;
= 16% * 52
= $8.32
Return = Dividend + Capital appreciation.
8.32 = 2.40 + Capital appreciation
Capital appreciation = 8.32 - 2.40
= $5.92
The stock would have to increase by $5.92 to get your required return;
= 52 + 5.92
= $57.92
= $58
Shipping costs could be justified if the firm is able to compensate for the increased shipping costs with reduced inventory holding costs while achieving the same in-stock probability.
a) True
b) False
Answer:
The given statement is "True".
Explanation:
Increasing in-stock likelihood contributes to higher demand responsiveness, rapid transporting reduces time and therefore also accommodates for shipping expenses. The net expense seems to be the number of shipping including holdings. Therefore if either variable rises, the overall cost may be retained by reducing some other characteristic or function.So the answer above is accurate.
How does the presence of a large number of previous movers to a country affect the projected costs and benefits of subsequent movers
Explanation:
The presence of a large number of previous movers in a country creates both disadvantages and advantages.
Consider the disadvantages: Since we have a large population of immigrants who are active in the labor force, this may lead to an increase in the supply of labor, and with such an increase in supply there may be a decrease in the wage rate of the country; so the subsequent movers may earn lesser than expected.
Consider the advantages: Remember, if these previous movers come from countries with similar cultures as the subsequent movers they may find their move less costly since they acquire new friends who share the same culture with them.
The accounting equation for ying company shows a decrease in its assets and a decrease in its equity. Which of the following transactions could have caused that effect?
Answer:
The company paid an amount due on a credit card
Explanation:
Technically there was debt in the company's credit card which then caused a decrease in assists and equity because the company in all wasn't reliable so whatever was still getting paid off got taken from the company's money.
an investor buys a 10000 par 4.25 percent annual coupon tips security with three years to maturity. if inflation every sic months iver the investors holding period is 2.5 percent( what is the final payment the tips investor will receive
Answer:
the final payment that investor would received is $11,843.36
Explanation:
The computation of the final payment that investor would received is shown below:
Adjusted face value is
= 10,000 × (1 + 2.5%)^(3 × 2)
= 11,596.93
Final payment = Coupon + adjusted principal
= 11596.93 × 4.25% ÷ 2 + 11,596.93
= $11,843.36
hence, the final payment that investor would received is $11,843.36
At Bell’s Furniture, assemblers are paid according to the following differential piece rate scale: 1−20 dressers in a week, $7 each; 21−30 dressers, $9.50 each; and $14 each for every dresser over 30. Liz Henderson assembled 47 dressers in one week. Find her gross pay
Answer:
$658
Explanation:
Henderson assembled 47 dressers in the week.
Her applicable pay rate is $14 per piece since she assembled over 30 dressers in one week.
her gross pay for the week
=$14 x 47
=$658
Digital Fruit is financed solely by common stock and has outstanding 37 million shares with a market price of $10 a share. It now announces that it intends to issue $280 million of debt and to use the proceeds to buy back common stock. There are no taxes. a. What is the expected market price of the common stock after the announcement
Answer:
Market price is unaffected by announcement
Explanation:
This question says that the company has announced intentions to issue $289 million of debt with intentions of buying common stock with proceeds
Price per share has been given as $10. The market price of the stock would not get affected by this announcement.
I have gone ahead to help you calculate the buyback, market value and debt ratio.
Buyback= $280/10 = 28 million shares
Market value = (37-28)*10 + 280 = 370 million
Debt ratio = 280/370 = 76%
What is a chart that compares your values, interest, and aptitudes, with similar
information about a career?
A career assessment chart is a chart that compares your values, interest, and aptitudes, with similar information about a career.
A career assessment is a range of personal characteristics that can have an impact on an individual's likelihood of success and level of happiness in a variety of career paths and work situations. career assessments are tools that can help people understand how these influences function. A career assessment is a means to find out more about the suitability of various careers for you. career assessment of many kinds concentrates on particular topics, such as values, interests, or talents. Even while attaining your ideal career can take more than just a completed Scantron sheet, career assessment tests can be quite helpful in giving people a head start in selecting career choices that meet their interests, best utilise their talents, or match their personalities.
Learn more about the career assessment here:
https://brainly.com/question/5399784
#SPJ9
A Supermarket in Alabama occasionally receives a shipment of live shrimp from New Orleans. Seventy-five percent of the
time the store will place an ad and sell out of its shipment. The store advertises the availability of shrimp for 82 percent of the
shipments. What is the probability that the store will sell an entire shipment if it advertises? Carry answer to the nearest
thousandths
The probability that the store will sell an entire shipment if it advertises is mathematically given as
P(S / A)=90.36
This is further explained below.
What is the probability that the store will sell an entire shipment if it advertises?Generally,
P(A and S)=0.75
[tex]\mathrm{P}(\mathrm{A})=0.83[/tex]
Joint probability :
[tex]P(S and A)=P(S / A) * P(A)$[/tex]
[tex]$0.75=\mathrm{P}(\mathrm{S} / \mathrm{A}) * 0.83$[/tex]
[tex]\mathrm{P}(\mathrm{S} / \mathrm{A})\\\\=0.75 / 0.83\\\\=0.9036=90.36 \%[/tex]
P(S / A)=90.36
In conclusion, The probability that the store will sell an entire shipment if it advertises is
P(S / A)=90.36
Read more about probability
https://brainly.com/question/11234923
#SPJ1
What is the maximum amount your firm can afford to spend to increase customer retention from 61 % to 78 %?
Answer:
$ 636.76
Explanation:
One of the ways firms increase their profits is through customer retention and to do this money must also be spent to continue satisfying the customers. So, without mincing words let's dive straight into the solution to the problem above.
STEP ONE: determine the margin and use the value to calculate for Customer life time value.
Margin = [o.f × a.o × r.m] - ycp= [ 1.9 × $527 × 0.6 ] - 44 = $556.78.
where o.f = order frequency, a.o = average order, r.m = retail markup, and ycp = yearly cost of promotion.
Therefore, the Customer life time value at 61% retention rate is calculated as below;
Customer life time value at 61% retention rate = 556.78 × { 0.61/ 1 + 0.11 - 0.61}.
Customer life time value at 61% retention rate = $679.2716.
Customer life time value at 78% retention rate = 556.78 × { 0.78/ 1 + 0.11 - 0.78}.
Customer life time value at 78% retention rate = $1316.03
STEP TWO: determine the maximum amount your firm can afford to spend to increase customer retention from 61 % to 78 %.
Therefore, the maximum amount = Customer life time value at 78% retention rate - Customer life time value at 61% retention rate.
The Maximum amount = 1316.03 - 679.2716 = $ 636.7584 = $ 636.76
When the Fed increases the money supply to lower the federal funds rate, will the cost of capital to U.S. companies be reduced? Explain how the segmented markets theory regarding the term structure of interest rates (as explained in Chapter 3) could influence the degree to which the Fed’s monetary policy affects long-term interest rates.
Answer:
The federal funds rate is basically is used to control the supply of funds available in the economy. If the federal funds rate is increase by the Fed, its becomes expensive to borrow in the short term medium. Thus, the federal funds rate lower down the supply of available money which increase the short term interest rate.
Which group of government financial statements reports all revenues and all costs as well as all assets and liabilities of the governmental entity
Answer:
Government-wide financial statements.
Explanation:
The government wide financial statement is a financial statement that conduct financial activity together in one place and record on accrual basis that have information related to the economic resources.
Therefore as per the given situation, it records all types of revenues, cost, assets and liabilities
Hence, the above is the answer
According to our textbook, mass media have at least six functions. Which function involves media providers affecting or controlling which information is transmitted to their audiences?
According to our textbook, mass media have at least six functions. The function involves media providers affecting or controlling which information is transmitted to their audiences is called "Information and Education"
What is Mass Media?
The term "mass media" refers to a wide range of media technologies that reach a broad audience through mass communication.
The technology used for this communication include a range of channels. Broadcast media, which includes cinema, radio, recorded music, and television, disseminate information electronically.
The six functions of Mass Media are:
Education and informationInteraction.Recreation.Political SensitivityTransmission of Cultural ValuesDevelopment CatalystLearn more about Mass Media:
https://brainly.com/question/17658837
#SPJ1