A company's planned activity level for next year is expected to be 100,000 machine hours. At this level of activity, the company budgeted the following manufacturing overhead costs:
Variable Fixed
Indirect materials $90,000 Depreciation $37,500
Indirect labor 120,000 Taxes 7,500
Factory supplies 15,000 Supervision 30,000
A flexible budget prepared at the 90,000 machine hours level of activity would show total manufacturing overhead costs of
$277,500.
$202,500.
$270,000.
$225,000.
Answers
Answer:
b
Explanation:
Related Questions
Assume you have applied for two Scholarships, a merit scholarship And is athletic scholarship the probability that you receive an athletic scholarship is 0.8. The probability of receiving both scholarships is 0.11. The probability of getting at least one of the scholarships is 0.3
Answers
The probability of receiving a merit scholarship according to the scenario defined is 0.23
Probability of Athletic scholarship, P(M) =? Probability of Athletic Scholarship, P(A) = 0.18Probability of receiving both, P(MnA) = 0.11Probability of receiving atleast one P(AuM) = 0.3Recall :
P(AuM) = P(A) + P(M) - P(AnM)Substituting the values into the relation:
P(AuM) = P(A) + P(M) - P(AnM)
0.3 = 0.18 + P(M) - 0.11
0.3 - 0.18 + 0.11 = P(M)
P(M) = 0.23
Therefore, the probability of receiving a merit scholarship is 0.23
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Answer:After using the scholarship research tool, I found one scholarship that I think I would apply for. I want to pursue a degree in agriculture and land management, and I found the Western Society of Weed Science Outstanding Student Scholarship Program, which gives a total of $3,000 students pursuing an agriculture degree. The application deadline is October 1, which means that I would have to complete the application at the beginning of my senior year if I were to get the scholarship by the time I start college the following year.
To be eligible for this scholarship, a student must be:
an undergraduate or graduate student enrolled in a degree program from a university in the western region.
A current WSWS member at the time of application.
Right now, I don’t meet all of the requirements. Although I plan on being enrolled in an eligible program, and I plan to go to a school in the western region, I am not currently a member of the WSWS. I will need to learn more about this organization and become a member if I plan on pursuing this scholarship in the future.
QUESTION 9 of 10: The skill set to predict the various aspects of the business several months or even years into the future is called:
a) Supply chain management
b) Forecasting
c) Quality control
Answers
Answer:
b) Forecasting
Explanation:
The skill set that is used to predict the aspects of the business in the future is what is known as forecasting.
In field of business or management, forecasting is also known as predicting. It is used to predict the developmental strides that the business would attain in the years to come.
Forecasting is very helpful because it helps to come up with strategies that would be useful to the business in the future.
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If the Mount Lemmon fire district attempts to implement age diversity initiatives, but these initiatives are defeated because the district is concerned that younger firefighters will be treated worse as a result, which of the following barriers mentioned in Section 4.6 is this an example of?
Answers
Answer:
Explanation:
fears of reverse discrimination
Q1. A manufacturing firm has discontinued production of a certain unprofitable product
line. This created considerable excess production capacity. Management is considering to
devote this excess capacity to one or more of three product 1,2 and 3. The available capacity
on the machines which might limit output are given below:
Machine type Available time
(in machine hours per week)
Milling
machine
250
Lathe 150
Grinder 50
The number of machine hours required for each units of the respective product is given
below;
Machine type Productivity (in machine hours/unit)
Product 1 Product 2 Product 3
Milling 8 2 3
Lathe 4 3 0
Grinder 2 0 1
The unit profit would be 20 birr, 6 birr and 8 birr for products 1,2 and 3. Find how much of
each product the firm should produce in order to maximise profit ? Solve the problem by
simplex method.
Answers
The simplex method is a linear programming technique used to find the maximum value of a linear objective function subject to constraints represented by linear equations or inequalities.
How do we use this method?Here's how you can solve this problem using the simplex method:
Formulate the problem as a linear program:
The objective is to maximize the total profit, which is given by 20x1 + 6x2 + 8x3, where x1, x2, and x3 are the number of units of products 1, 2, and 3, respectively. The constraints are the available machine time, which are:
8x1 + 4x2 + 2x3 <= 250 (milling machine)
3x1 + 3x2 <= 150 (lathe)
x3 <= 50 (grinder)
Create a simplex tableau:
The simplex tableau is a matrix used to keep track of the variables and the coefficients of the objective function and the constraints. The first row of the tableau is the objective function, the rest of the rows are the constraints. The last column is called the "result" column and contains the values of the variables and the objective function.
Choose a basic variable:
In the first iteration, we will choose x1 as the basic variable, since it is the only non-negative variable in the objective function. We will write x1 in terms of x2 and x3 using the first constraint:
x1 = (250 - 4x2 - 2x3)/8
Update the simplex tableau:
Substitute x1 in the objective function and in the rest of the constraints:
20 * (250 - 4x2 - 2x3)/8 + 6x2 + 8x3
3x2 <= 150
x3 <= 50
Check for optimality:
Check if all the coefficients in the objective function are non-negative. If so, the current solution is optimal and the problem is solved. If not, choose the next basic variable and repeat steps 3 and 4.
Repeat steps 3 to 5 until optimality is reached:
In the second iteration, we will choose x2 as the basic variable. Substitute x2 in the objective function and in the rest of the constraints, and check for optimality. Repeat this process until the coefficients in the objective function are non-negative, indicating that the solution is optimal.
The final solution will give the number of units of each product that the firm should produce in order to maximize profit.
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Please write out, step-by-step, how you obtained the correct answer for this math problem.
Jose and Zola want to purchase their first home. Jose makes $23.50 an hour and works 40 hours per week. Zola makes $21.50 an hour and works 40 hours of regular time and 5 hours of overtime a week. They have two car payments totaling $500 a month and one credit card with a minimum payment of $50 a month. What is their combined gross monthly income?
(HINT: Remember to assume that overtime is always time and a half unless otherwise specified!!)
Answers
Answer:
The correct answer is "$7,630".
Explanation:
Assuming there are four weeks in a month, then
Joe's income will be:
= \(23.50\times 40\times 4\)
= \(3,760\) ($)
Zola's income will be:
= \(21.50\times (40+5)\times 4\)
= \(21.50\times 45\times 4\)
= \(3,870\) ($)
hence,
The combined gross monthly income will be:
= \(Jose's \ income+Zola's \ income\)
= \(3,760+3,870\)
= \(7,630\) ($)
Answer:
$8,498.75
Explanation:
Jose = ($23.5x40x52)/12=$4073.33
Zola = ($21.5x40x52/12)+($21.5x1.5(overtime pay)x5x52)/12= $3726.67+$698.75=$4425.41
Combined = $4073.33+ $4425.42= $8498.75
For this question you need to read the document “Media Monitoring – What is it all about?”, found in “Additional Resources/Supplementary Portfolio”. Then, using the information provided in the article as a means of inspiration and guidance, consider the following scenario:
As a public relations consultant for McDonald's, you are tasked with developing and
implementing a media monitoring campaign to evaluate the success of the new Shisha Nyama burger that is being launched for South African consumers. In an essay
about 2-3 pages,
discuss the following:
The mission, vision, and objectives of the media campaign. (10)
The media platforms that will be used to monitor the campaign, as well as the
advantages and disadvantages of using these media platforms for monitoring purposes.
(15)
Your operational plan for monitoring the campaign – Basically, how will you go about monitoring the media campaign, and what do you consider as important aspects to monitor for determining whether or not the new burger flavour is a success. (15)
Answers
To monitor the media campaign, a combination of traditional and digital media platforms will be used. Traditional media platforms such as newspapers, radio, and television will be monitored for mentions of the new burger flavor. Digital media platforms such as social media, blogs, and forums will also be monitored for mentions of the new burger flavor. The advantages of using traditional media platforms are that they can reach a wider audience and provide more in-depth coverage. The disadvantages are that they can be slower to report news and may not provide real-time feedback. The advantages of using digital media platforms are that they can provide real-time feedback and reach a wider audience. The disadvantages are that they can be difficult to monitor and may not provide in-depth coverage.
The operational plan for monitoring the campaign will involve using media monitoring tools to track mentions of the new burger flavor across various media platforms. The tools will be used to track the volume of mentions, the sentiment of the mentions, and the key themes and topics surrounding the new burger flavor. The media monitoring tools will also be used to identify key influencers and brand ambassadors, as well as to track the reach and impact of the campaign across various media platforms. Additionally, surveys and focus groups will be conducted to gather feedback from consumers on the new burger flavor.
Important aspects to monitor for determining whether or not the new burger flavor is a success include the volume of mentions, the sentiment of the mentions, and the key themes and topics surrounding the new burger flavor. Additionally, it is important to monitor the engagement and reach of the campaign across various media platforms, as well as to identify key influencers and brand ambassadors. Surveys and focus groups will also be conducted to gather feedback from consumers on the new burger flavor.
In conclusion, the media monitoring campaign for the new Shisha Nyama burger flavor will be critical in determining its success in the South African market. A combination of traditional and digital media platforms will be used to monitor the campaign, and media monitoring tools will be used to track the volume of mentions, the sentiment
Define the term product mix and describe at least two strategies that companies may use to manage their product mix.
Describe the stages of the product life cycle.
Describe the purpose and common uses of a SWOT analysis.
Explain the goal of product planning and typical product planning activities. What impact do operation needs, such as size of staff, distribution, etc. have on making decisions about products and services?
Explain the four components of a product’s utility.
FIVE SHORTS ANSWERS PLEASE.
Answers
1) Product mix refers to the set of all products or product lines that a company offers for sale. This includes variations in product size, style, color, and other features. Companies may use various strategies to manage their product mix, including product line extension and product line contraction. Product line extension involves adding new variations or products to an existing product line, while product line contraction involves eliminating products or variations that are no longer profitable or aligned with company goals.
2) The goal of product planning is to ensure that a company's products meet customer needs and are profitable. Typical product planning activities include identifying customer needs and trends, researching and developing new products, determining pricing and promotional strategies, and evaluating product performance. Operation needs, such as the size of staff and distribution capabilities, can impact decisions about which products and services a company offers. For example, a company with limited distribution capabilities may choose to focus on a smaller product mix that can be efficiently distributed to customers. Similarly, a company with a small staff may choose to focus on a narrower product mix that can be effectively managed with limited resources.
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Magnificent Blooms is a florist specializing in floral arrangements for weddings, bo graduations, and other events. Magnificent Blooms has a fixed cost associated with space and equipment of $100 per day. Each worker is paid $50 per day. The daily production § function for Magnificent Blooms is shown in the accompanying table. © Macmil Submit All Quantity of labor (workers) 0 1 2 3 4 5 a. Calculate the marginal product of each worker. Quantity of floral arrangements 0 5 9 12 14 15 Marginal product Quantity of labor (workers) 1 2
Answers
The marginal product of each worker for Magnificent Blooms is as follows: Worker 0: N/A: Worker 1: 5: Worker 2: 4: Worker 3: 3: Worker 4: 2: Worker 5: 1
To calculate the marginal product of each worker for Magnificent Blooms, we need to determine the change in the quantity of floral arrangements resulting from each additional worker.
Here's how to calculate the marginal product for each worker:
Worker 0: Since there are no workers (0 workers), the quantity of floral arrangements is 0. Therefore, the marginal product for worker 0 cannot be calculated.
Worker 1: The quantity of floral arrangements with 1 worker is 5. To calculate the marginal product for worker 1, we subtract the quantity of floral arrangements with 0 workers from the quantity with 1 worker: 5 - 0 = 5.
Worker 2: The quantity of floral arrangements with 2 workers is 9. To calculate the marginal product for worker 2, we subtract the quantity of floral arrangements with 1 worker from the quantity with 2 workers: 9 - 5 = 4.
Worker 3: The quantity of floral arrangements with 3 workers is 12. To calculate the marginal product for worker 3, we subtract the quantity of floral arrangements with 2 workers from the quantity with 3 workers: 12 - 9 = 3.
Worker 4: The quantity of floral arrangements with 4 workers is 14. To calculate the marginal product for worker 4, we subtract the quantity of floral arrangements with 3 workers from the quantity with 4 workers: 14 - 12 = 2.
Worker 5: The quantity of floral arrangements with 5 workers is 15. To calculate the marginal product for worker 5, we subtract the quantity of floral arrangements with 4 workers from the quantity with 5 workers: 15 - 14 = 1.
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Mark Goldsmith's broker has shown him two bonds issued by different companies. Each has a maturity of 4 years, a par value of $1000, and a yield to maturity of 8.70. The first bond is issued by Crabbe Waste Disposal and has a coupon interest rate of %6.315 paid annually. The second bond, issued by Malfoy Enterprises, has a coupon interest rate of 8.90 % paid annually.
a. Calculate the selling price for each of the bonds.
Answers
1. Selling Price of Bond 1 issued by Crabbe Waste Disposal = $1031.08
2. Selling Price of Bond 2 issued by Malfoy Enterprises = $1269.50
How can we calculate the selling price (SP) for each bond?Bond 1: Issued by Crabbe Waste Disposal
Coupon Interest Rate (CIR) = 6.315%
Yield to Maturity (YTM) = 8.70%
Maturity (n) = 4 years
Par Value (PV) = $1000
To calculate the selling price of Bond 1, we can use the following formula:
SP = (CIR/100) * PV + [(PV - (CIR/100) * PV) / (1 + YTM/100)^n]
Putting the values:
CIR = 6.315%
PV = $1000
YTM = 8.70%
n = 4 years
SP for Bond 1 = (6.315/100) * 1000 + [(1000 - (6.315/100) * 1000) / (1 + 8.70/100)^4]
SP = $632.36 + $398.72
Selling Price of Bond 1 issued by Crabbe Waste Disposal = $1031.08
Bond 2: Issued by Malfoy Enterprises
Now, let's calculate the selling price for Bond 2 issued by Malfoy Enterprises.
Coupon Interest Rate (CIR) = 8.90%
Yield to Maturity (YTM) = 8.70%
Maturity (n) = 4 years
Par Value (PV) = $1000
Using the same formula as above:
SP = (CIR/100) * PV + [(PV - (CIR/100) * PV) / (1 + YTM/100)^n]
Putting the values:
CIR = 8.90%
PV = $1000
YTM = 8.70%
n = 4 years
SP of Bond 2 = (8.90/100) * 1000 + [(1000 - (8.90/100) * 1000) / (1 + 8.70/100)^4]
SP = $889 + $380.50
Selling Price of Bond 2 issued by Malfoy Enterprises = $1269.50
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Local government officials would like to know if city residents are generally satisfied with the cleanliness of local
streets and recreation areas. To estimate the level of satisfaction, city officials appear on a local television morning
show, where residents are invited to share their satisfaction through an online poll. Which of the following
statements best describes the potential results from this poll?
Answers
Answer:
D. This is a voluntary response sample and is likely to underestimate the proportion of residents satisfied with the cleanliness of the area.
Explanation:
i took the quiz
This is a voluntary response sample and is likely to underestimate the proportion of residents satisfied with the cleanliness of the area.
What is survey ?A survey is a set of questions used in human subject research with the goal of gathering specific information from a certain population. Surveys can be carried out via the phone, by mail, online, at street corners, and even in shopping centers. Surveys are used to collect data or learn more in areas like demography and social research.
Survey research is frequently used to evaluate ideas, beliefs, and emotions. Surveys might have narrow, focused objectives or they can have broad, more general objectives. In addition to being utilized to satisfy the more practical requirements of the media, such as evaluating political candidates, public health officials, professional organizations, and advertising and marketing directors, surveys are frequently employed by psychologists and sociologists to evaluate behavior.
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Financial institutions do not charge for
returned checks due to insufficient
funds.
True
O False
4 points
Answers
Answer:
False
Explanation:
Banks and other financial institutions charge their consumers returned payment fees.
1 Acts (Laws passed by a government (e.g. the Parliament of South Africa) in accordance with the Constitution of
the country
Answers
Acts, also known as laws, are legislative measures that are passed by a government in accordance with the Constitution of a country.
The process of passing an Act typically involves several stages. It begins with the proposal of a bill, which is a draft law that is presented to the legislative body. The bill goes through a series of readings and debates, during which it may be amended or revised based on input from legislators and stakeholders.
Once the bill is approved by the legislative body, it is sent for further scrutiny, such as legal review and public consultation. Finally, the bill is enacted into law by receiving formal approval, usually through the signature of the head of state or a designated authority.
Acts play a crucial role in shaping the legal framework of a country. They cover a wide range of areas, including civil rights, criminal justice, taxation, environmental protection, labor regulations, healthcare, education, and many more.
Acts provide a legal basis for the functioning of government institutions, define citizens' rights and responsibilities, establish standards for public and private conduct, and promote social order and justice.
Acts are binding and enforceable, meaning that individuals and entities within a country are obligated to comply with their provisions. Violation of an Act can result in legal consequences, such as fines, penalties, or imprisonment, depending on the nature and severity of the offense.
Acts also reflect the evolving needs and values of a society. As societal perspectives change and new challenges emerge, governments may pass new Acts or amend existing ones to address these issues. Acts can be updated and repealed over time to ensure that the legal framework remains relevant and responsive to the needs of the people.
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Amye is in high school. As part of one of her classes, she had to identify the legality of different situations that involved workers and their employers. She enjoyed this aspect of her class so much that she wanted to find a job that uses this interest. Which career should Amye focus on during college?
accountant
human resources manager
chief executive officer
credit analyst
Answers
Answer:
B. Human resources manager
Explanation:
Have great weekend
Answer:
(B)human resources manager.
Explanation:
The human resources department handles a range of different functions within an organization. The department is responsible for hiring and firing employees, training workers, maintaining interoffice relationships and interpreting employment laws.
What are the primary advantages to choosing a sole proprietorship?
Answers
The primary advantages to choosing a sole proprietorship is that there is no separate legal entity from the ownership.
What is sole proprietorship?Asole proprietorship serves as a type of business which is been owned and controlled by single entity, in this type of business, there is no partnership.
In this type of business, the ownership is the same with the legal identity.
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In this assignment, you will develop a more personalized understanding of the Balanced Scorecard concept and see how your vision and mission can be linked to your goals and objectives. Using the S-M-A-R-T tools in section 6.7 of Chapter 6 in the text, create your own list of goals and objectives.
Create 4 to 5 S-M-A-R-T goals and objectives and demonstrate how they link to your Strategy Diamond and personal vision and mission statements.
Be sure that your Learning Journal entry is a minimum of 500 words.
Answers
Answer: The answer is provided below.
Explanation:
The following are my SMART goals:-
Specific
1. I want to be physically fit within 5 months so as to be able to run a marathon in less than 2 hours.
2. I want to become a head of department in my current organization from my current position as a junior staff within the next 4 years in order to be able lead a team.
3. I want to become an amazing and better husband to my wife through spending more quality time with her.
4. I want to become a better father to my children by spending time with them and helping them with their school works.
Measurable
1. I would start my training from the following week. I would begin by running 3 to 5 kilometers with walk breaks.
2. I would talk to my boss next week and request for more responsibilities and also to ask him the requirements neccesary to get promoted.
3. I would come back from office early and spend time with my wife.
4. I would come early from work and spend my weekends together with my children.
Attainable
1. I will talk to other marathoners to know whether my goal is attainable and will also research about it.
2. I will talk to my colleagues whom are head of departments about how they were promoted.
3. I will talk to other husbands that are successful.
4. I will talk to other dads to know whether my goal is attainable.
Realistic
When I start measuring my progress weekly and getting a feedback from people whom I admire, then I would know how realistic my goals are.
Timely
I have given a time frame for the attainment of all these goals which is very vital.
For implementing these goals, I m going to use the Plan-Do-Act-Dare cycle.
Since my objective is to become a well rounded person in my personal and also my professional life, the above steps will surely help me in becoming that person.
The strategy diamond will consist of:-
1. Arenas- Professional and Personal
2. Vehicles- Focus and hard work
3. Differentiation- Being different and unique from others.
4. Staging- Speed of initiatives
There should also be an economic logic that is binding this.
Required information
[The following information applies to the questions displayed below.)
At the beginning of 2021, Brad's Heating & Air (BHA) has a balance of $25,900 in accounts receivable. Because BHA is a privately owned company, the company has used only the direct write-off method to account for uncollectible accounts. However, at the end of 2021, BHA wishes to obtain a loan at the local bank, which requires the preparation of proper financial statements. This means that BHA now will need to use the allowance method. The following transactions occur during 2021 and 2022.
1. During 2021, install air conditioning systems on account, $189,000.
2. During 2021, collect $184,000 from customers on account.
3. At the end of 2021, estimate that uncollectible accounts total 20% of ending accounts receivable.
4. In 2022, customers' accounts totaling $7,900 are written off as uncollectible.
Required:
Record each transaction using the allowance method.
Answers
Answer and Explanation:
The Journal entries are shown below:-
a. Accounts receivable Dr, $189,000
To service revenue $189,000
(Being service provided on the account is recorded)
Here we debited the accounts receivable as it increased the assets and we credited the service revenue as it increased the revenue
b. Cash Dr, $184,000
To Accounts receivable $184,000
(Being collection on accounts is recorded)
Here we debited the cash as it increased the assets and we credited accounts receivable as it decreased the assets
c. Bad debt expenses Dr, $6,180
To Allowance for uncollectible accounts $6,180
(Being estimated uncollectible accounts is recorded)
Here we debited the bad debt expenses as it increased the expense and we credited the allowance for uncollectible accounts as it decreased the asset
Working note
Uncollectible accounts = (Total account - Cash collected) × 20%
= ($25,900 + $189,000) - $184,000 × 20%
= $30,900 × 20%
= $6,180
d. Allowance for uncollectible accounts Dr, $7,900
To Accounts receivable $7,900
(Being write off of actual bad debt is recorded)
Here we debited the allowance for uncollectible accounts as it increase the allowance and we credited the accounts receivable as it decreased the asset
The stock style box classifies individual stocks by growth, value, and core.
The stock mutual fund style box classifies individual stocks by value, growth,
and blend. These are often referred to as the equity style box. Together, the
vertical and horizontal axes can be used to classify a mutual fund into 1 of _______categories.
Answers
Together, the vertical and horizontal axes can be used to classify a mutual fund into 1 of nine categories.
The stock style box classifies individual stocks by growth, value, and core. The stock mutual fund style box classifies individual stocks by value, growth, and blend. These are often referred to as the equity style box. Together, the vertical and horizontal axes can be used to classify a mutual fund into one of nine categories.
The nine categories are large growth, large blend, large value, mid-cap growth, mid-cap blend, mid-cap value, small growth, small blend, and small value. It is common for investors to use the style box to classify mutual funds, which provides a useful way to understand the risk and return characteristics of an investment.The style box is divided into three parts, the vertical axis, the horizontal axis, and the grid that is formed by these two axes.
The vertical axis represents a market capitalization scale and can be divided into three categories: large-cap, mid-cap, and small-cap. The horizontal axis represents a value versus growth scale and can also be divided into three categories: value, blend, and growth.
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Forward Co. discarded a machine that cost $5,000 and was fully depreciated. The entry to record this transaction would include a credit to the
account.
Answers
Based on the fact that Forward Co. discarded a machine with cost $5,000, the entry to record this transaction in the books would include a credit to Machinery.
How do you dispose of fixed assets?When fixed assets are to be disposed of, the accumulated depreciation upt to that point is looked at to calculate the net book value.
This would then show the company if they made a profit or a loss when they sold the fixed asset with a profit being made when the selling price is higher than the net book value.
Regardless of the price the fixed asset is sold at, the company would record a credit to the fixed asset (machinery) account to show that the fixed asset account is decreasing.
In conclusion, there will be a credit to machinery.
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can anyone share important questions on Managerial Information Systems??
i need it for preparing
for my exams
Answers
Explanation:
(1) designing systems that are competitive and efficient; (2) understanding the system requirements of a global business environment; (3) creating an information architecture that supports the organization's goals; (4) determining the ...
relationship between risk and return
Answers
Answer:
Generally, the higher the potential return of an investment, the higher the risk. There is no guarantee that you will actually get a higher return by accepting more risk. Diversification enables you to reduce the risk of your portfolio without sacrificing potential returns.
29.
An operation was closed because of an extended electricity failure. When can it
begin service again?
Answers
It can begin service again approval is obtained from the regulatory authority.
When can service startThe duration for an organization to recommence its services after enduring a foremost electricity malfunction relies on several elements, such as the character of the operation, the magnitude of destruction caused by the power cut-off, as well as the accessibility of supplies requisite to renew operations.
For instance, if the establishment is a minor retail outlet, it can possibly resume working once the power source is restituted and various necessary safeguards have been established. Conversely, if the business is a major production concern or informatics server, it could take longer to reinstate tasks due to the meticulously intricate facilities and networks entailed.
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Outline and describe the different forms of Communication and further explain how they are important in an organization. Provide practical example to support your discussion.
Answers
La comunicación desempeña un papel fundamental en el funcionamiento de una organización, ya que permite la transmisión de información, ideas, instrucciones y retroalimentación entre los miembros del equipo. Existen varias formas de comunicación que se utilizan en un entorno organizacional. A continuación, describiré algunas de las formas más comunes:
Comunicación verbal: Es el uso de palabras habladas para transmitir información. Puede ser en forma de reuniones, conversaciones cara a cara, llamadas telefónicas o videoconferencias. La comunicación verbal es rápida y permite una interacción directa entre las personas, lo que facilita la clarificación de dudas y la resolución de problemas en tiempo real. Por ejemplo, durante una reunión de equipo, los miembros pueden discutir ideas, compartir actualizaciones y tomar decisiones conjuntas.
Comunicación escrita: Implica el uso de palabras escritas para transmitir información. Esto incluye correos electrónicos, mensajes de texto, informes, memorandos y documentos formales. La comunicación escrita es útil cuando se requiere un registro permanente de la información y proporciona la oportunidad de revisar y editar antes de enviar el mensaje. Por ejemplo, un gerente puede enviar un correo electrónico detallando las metas y objetivos del proyecto a su equipo para asegurarse de que todos estén al tanto de las expectativas.
Comunicación no verbal: Se refiere a la transmisión de información sin el uso de palabras. Incluye gestos, expresiones faciales, lenguaje corporal y tono de voz. A menudo, la comunicación no verbal puede transmitir emociones y actitudes que pueden complementar o contradecir el mensaje verbal. Por ejemplo, durante una presentación, el lenguaje corporal de un orador puede transmitir confianza y entusiasmo, lo que refuerza su mensaje.
Comunicación formal: Se lleva a cabo a través de canales oficiales y estructurados dentro de la organización. Esto incluye comunicaciones descendentes, como anuncios y políticas de la gerencia hacia los empleados, así como comunicaciones ascendentes, como informes de estado y retroalimentación de los empleados hacia los superiores. La comunicación formal es importante para establecer líneas claras de autoridad y responsabilidad, así como para garantizar la coherencia en la información transmitida.
Comunicación informal: Se produce a través de interacciones sociales no estructuradas entre los miembros de la organización. Esto puede incluir conversaciones informales en el lugar de trabajo, interacciones en las pausas para el café o discusiones en grupos de chat en línea. La comunicación informal es valiosa para fomentar la camaradería, construir relaciones y facilitar el intercambio de ideas no convencionales. Por ejemplo, en un entorno de trabajo abierto, los empleados pueden compartir ideas innovadoras durante una conversación informal en la sala de descanso.
La importancia de estas formas de comunicación en una organización radica en que permiten la colaboración efectiva, la toma de decisiones informada, la resolución de problemas, la coordinación de tareas y la creación de un ambiente de trabajo positivo. Una comunicación clara y efectiva evita malentendidos, reduce los errores, mejora la productividad y fortalece la cohesión del equipo.
Un ejemplo práctico podría ser una empresa de desarrollo de software. En este caso, la comunicación verbal sería esencial para que los miembros del equipo discutan los requisitos del proyecto, compartan actualizaciones diarias y resuelvan problemas en las reuniones diarias de puesta al día (stand-up meetings). La comunicación escrita sería crucial para documentar los requisitos, especificaciones técnicas y cronogramas del proyecto, así como para enviar correos electrónicos y mensajes de chat con actualizaciones y solicitudes de retroalimentación. La comunicación no verbal también tendría un papel importante, ya que el lenguaje corporal y las expresiones faciales en las reuniones ayudarían a transmitir confianza y apoyo entre los miembros del equipo. En cuanto a la comunicación formal, se utilizarían informes de estado y presentaciones formales para mantener a la alta dirección informada sobre el progreso del proyecto. Por último, la comunicación informal se daría en momentos de descanso, donde los empleados podrían discutir ideas, plantear desafíos y fomentar la creatividad en un ambiente más relajado
Answer:
There are several different forms of communication that are important in an organization. These include:
1. Verbal communication: This is the use of spoken words to convey a message. Verbal communication is important in an organization because it allows employees to communicate with each other and with customers. For example, a salesperson might use verbal communication to explain the features of a product to a customer. Another example is a team meeting where employees discuss project updates and share ideas.
2. Nonverbal communication: This is the use of body language, gestures, and facial expressions to convey a message. Nonverbal communication is important in an organization because it can convey emotions, attitudes, and intentions. For example, a manager might use nonverbal communication to show approval or disapproval of an employee's performance. Another example is a job interview where the interviewer might use nonverbal communication to assess the candidate's confidence and professionalism.
3. Written communication: This is the use of written words to convey a message. Written communication is important in an organization because it provides a permanent record of communication. For example, an email can be used to communicate project updates, deadlines, and other important information. Another example is a report that summarizes the results of a project.
4. Visual communication: This is the use of images, graphs, and other visual aids to convey a message. Visual communication is important in an organization because it can help to simplify complex information and make it easier to understand. For example, a chart can be used to show sales trends over time. Another example is a video that demonstrates how to use a product.
All of these forms of communication are important in an organization because they allow employees to share information, ideas, and feedback. Effective communication can also help to build trust and relationships between employees, customers, and partners. For example, if a customer has a positive experience with a salesperson, they are more likely to return to the organization in the future.
A practical example of the importance of communication in an organization is a team project. Effective communication is essential for the success of the project. Team members need to be able to communicate their ideas, concerns, and progress to each other in order to stay on track and meet deadlines. This might involve verbal communication in team meetings, written communication in project reports, and visual communication in presentations. Without effective communication, the project is likely to fail.
At the end of the year, a company has a balance in Allowance for Uncollectible Accounts of $2,500 (debit) before any year-end adjustment. The balance of Accounts Receivable is $179,000. The company estimates that 6% of accounts receivable will not be collected over the next year.
Record the adjustment for uncollectible accounts. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)
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Answer:
go on mathaway and scan the question it will solve it for you really easy
If the effect of the debit portion of an adjusting entry is to increase the balance of an asset
account, which of the following describes the effect of the credit portion of the entry?
Answers
When the debit portion of an adjusting entry is used to increase the balance of an asset account, the credit portion of the entry will decrease the balance of another account, which will be either a liability account or an equity account.
What is the adjusting entry?Adjusting entries are journal entries that are made at the end of an accounting period to modify the accounts' balances. They are done to update and verify revenue and expense accounts' accuracy, as well as to adjust the balance sheet accounts for adjustments that have yet to be recorded.When should adjusting entries be made?Adjusting entries are typically made at the end of an accounting period. For example, adjusting entries may be needed if a company's insurance premiums have been paid in advance, or if a company has earned revenue but has not yet received payment.Adjusting entries are critical in determining the correct profit and loss as well as the balance sheet, which is why they must be accurate and complete.Adjusting entries are required for each financial statement's following types:Income Statement - revenue and expense accounts are adjusted.Balance Sheet - asset, liability, and equity accounts are adjusted.How are adjusting entries made?Adjusting entries are made with the following steps:Step 1: Determine the transaction or event that necessitates an adjustment. Step 2: Determine which accounts are affected by the transaction or event. Step 3: Decide whether each account is to be debited or credited. Step 4: Make the necessary adjusting journal entries.
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1. Doing charitable works for the less fortunate will benefit the company conducting these activities (in what way or ethical perspective?)
2. How important is fairness in sustaining your company business?
Answers
Answer:
Explanation:
1. From a financial and ethical standpoint, helping those in need can be advantageous for a firm in a number of ways. Going back to the community can benefit a business's reputation, brand image, and public relations, which can promote client loyalty and support. When a business participates in charity endeavours, it can also produce favourable press and media attention, which can raise its profile and strengthen its position in the marketplace. Participating in humanitarian endeavours can also raise employee spirits and motivation, which enhances work output and productivity. From a moral standpoint, charitable endeavours show that a business is dedicated to social responsibility and is eager to support the prosperity of the neighbourhood in which it operates. Companies have an ethical obligation to do this to support those who are less fortunate and to contribute to society. Hence, a firm can profit from charity endeavours by upholding its moral duties and encouraging a feeling of social consciousness among its stakeholders.
2. The long-term viability of a corporation depends on fairness. A business fosters a culture of trust and respect that fosters long-term success when it treats its stakeholders fairly, including its employees, clients, suppliers, and other stakeholders. Fairness in business can take many different forms, including fair pay, reasonable working hours, reasonable prices, competitive pricing, and equitable profit sharing. Customers are more loyal to businesses that stress justice because they value and appreciate it. Fair treatment of workers can also lead to increased job satisfaction and higher retention rates. Treating suppliers fairly can promote long-term relationships and strengthen supply chain security. Ultimately, fairness is essential for maintaining a firm because it fosters an environment that promotes moral behaviour, trust, and loyalty among all stakeholders.
Three different methods for assembling a product were proposed by an industrial engineer. To investigate the number of units assembled correctly with each method, 30 employees were randomly selected and randomly assigned to the three proposed methods in such a way that each method was used by 10 workers. The number of units assembled correctly was recorded, and the analysis of variance procedure was applied to the resulting data set. The following results were obtained: SST = 10,730; SSTR = 4520.
Answers
The analysis of variance (ANOVA) table is a tabular representation of the findings. It details each source of variation's sources of variation, degrees of freedom, sum of squares, mean squares, and F-ratio.
The ANOVA tableTo set up the ANOVA table, we need the following information:
Total sum of squares (SST): 10,800
Sum of squares between treatments (SSTR): 4560
Calculating the sum of squares within treatments (SSE):
SSE = SST - SSTR
SSE = 10,800 - 4560
SSE = 6240
For degrees of freedom (df),
Total degrees of freedom (dfTotal) = Total number of observations - 1
Treatment degrees of freedom (dfTreatment) = Number of treatments - 1
Error degrees of freedom (dfError) = dfTotal - dfTreatment
In this case.
Total number of observations = 30
Number of treatments = 3
dfTotal = 30 - 1
= 29
dfTreatment = 3 - 1
= 2
dfError = 29 - 2
= 27
Calculating mean squares (MS),
MST = SSTR / dfTreatment
MSE = SSE / dfError
MST = 4560 / 2 = 2280
MSE = 6240 / 27 ≈ 231.85
Calculating the F-ratio,
F-ratio = MST / MSE
F-ratio = 2280 / 231.85
≈ 9.83
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Question:
Three different methods for assembling a product were proposed by an industrial engineer. To investigate the number of units assembled correctly with each method. 30 employees were randomly selected and randomly assigned to the three proposed methods in such a way that each method was used by 10 workers. The number of units, assembled correctly was recorded, and the analysis of variance procedure was applied to the resulting data set. The following results were obtained: SST = 10,800. SSTR = 4560. Set up the ANOVA table for this problem. Using alpha = .05. test for any significant difference in the means for the three assembly methods.
f Honduras is open to international trade in oranges without any restrictions, it will import
tons of oranges.
Suppose the Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers. A tariff of
$
per ton will achieve this.
A tariff set at this level would raise
$
in revenue for the Honduran government.
Answers
Suppose that Honduras is open to international trade in oranges without any restrictions, it will import an infinite amount of oranges. Therefore, the import of oranges can be limited through a tariff. The Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers.
A tariff of $720 per ton will achieve this. A tariff set at this level would raise $72,000 in revenue for the Honduran government.
Tariff: It is a tax imposed by a government on imported or exported goods. The main purpose of a tariff is to limit imports and protect domestic production and employment.
In this scenario, a tariff is imposed by the Honduran government to limit the import of oranges and help domestic producers. Therefore, if the tariff is set at $720 per ton, then it would reduce the imports of oranges to exactly 100 tons, which is the desired goal of the Honduran government.
Moreover, the tariff rate multiplied by the number of imports gives the amount of revenue raised by the Honduran government, which is $720 × 100 = $72,000. Thus, a tariff set at $720 per ton will raise $72,000 in revenue for the Honduran government.
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Explain and describe two purposes of government and explain their importance.
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Answer:
Explanation:
welfare of its citizens.
Providing Order and Stability: Governments ensure that the laws and rules that govern society are followed, which leads to order and stability. They also help maintain peace and security within the country and protect the rights of citizens. This is important because without order and stability, society would be in chaos and individuals would not feel safe or secure in their communities.
Promoting the welfare of citizens: Governments also play a crucial role in promoting the well-being of citizens. This includes providing basic necessities such as food, shelter, healthcare, and education. Governments also regulate businesses and industries to ensure that citizens are not exploited and that the environment is protected. Additionally, governments often provide social safety net programs to assist individuals in times of need. These efforts help to create a more equitable and just society, where everyone has the opportunity to thrive.
In conclusion, the two main purposes of government are to provide order and stability and to promote the welfare of citizens. These purposes are important because they ensure a safe, secure, and just society for everyone.
Suppose in 2016 , the cost of a market basket of goods was $1 ,958 . In 2018 , the cost of the same market basket of goods was $2,107 . Calculate the price index for 2018 , using the price index formula, assume 2016 is the base year. nothing
Answers
Answer:
107.60
Explanation:
The formula for calculating the price index is as below
price index = current market price/ base year price x 100%
price index = $2107/$1958 x 100
price index = 1.076098059 x 100
price index = 107.6098059
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Dividing Partnership Income
Beau Dawson and Willow McDonald formed a partnership, investing $65,000 and $195,000, respectively.
Determine their participation in the year's net income of $275,000 under each of the following independent assumptions:
a. No agreement concerning division of net income.
b. Divided in the ratio of original capital investment.
c. Interest at the rate of 6% allowed on original investments and the remainder divided in the ratio of 2:3.
d. Salary allowances of $34,000 and $49,000, respectively, and the balance divided equally.
e. Allowance of interest at the rate of 6% on original investments, salary allowances of $34,000 and $49,000, respectively, and the remainder divided equally.
Dawson
McDonald
137,500
137,500
$ 68,750 ✓
a.
b.
C.
d.
Show Me How
e.
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$206,250
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Set up a column for each partner and a total column.
a. Determine the distribution of income and losses in the absence of a partnership agreement.
h Lise the ratio of the partner's original capital investment to distribute the net income.
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The distribution of income and losses to the partners is as follows:
Beau Dawson Willow McDonald Total
a) No agreement (income or loss
is shared equally) $137,500 $137,500 $275,000
b) Ratio of original capital $68,750 $206,250 $275,000
c) Interest at 6% and the remainder shared equally:
Total income shared $107,660 $167,340 $275,000
d) Salary Allowances and the remainder shared equally:
Total income shared $130,000 $145,000 $275,000
e) Interest at 6%, salary allowances of $34,000 and $49,000, and the remainder shared equally:
Total income shared $126,100 $148,900 $275,000
How do partners share profits?Partners share profits and losses according to their partnership agreements.
In the absence of a partnership agreement, profits and losses are distributed equally.
Beau Dawson Willow McDonald Total
Capital investment $65,000 $195,000 $260,000
Profit-sharing ratio (capital) 1 : 3
Sum of ratios = 4
Net income for the year = $275,000
Profit-sharing under these scenarios:
Beau Dawson Willow McDonald Total
a) No agreement (income or loss
is shared equally) $137,500 $137,500 $275,000
b) Ratio of original capital $68,750 $206,250 $275,000
c) Interest at 6% and the remainder
in the ratio of 2:3
Interest on capital $3,900 $11,700 $15,600
Income-sharing $103,760 $155,640 $259,400
Total income shared $107,660 $167,340 $275,000
d) Salary Allowances $34,000 $49,000 $83,000
Income-sharing (equally) 96,000 96,000 $192,000
Total income shared $130,000 $145,000 $275,000
e) Interest at 6%, salary allowances of $34,000 and $49,000, and the remainder shared equally:
Interest on capital $3,900 $11,700 $15,600
Salary Allowances $34,000 $49,000 $83,000
Income-sharing (equally) $88,200 $88,200 $176,400
Total income shared $126,100 $148,900 $275,000
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