The required reserve ratio is set at 0.0625 . The value of the money (deposit) multiplier is "16".
The money multiplier is the term which is used to measure of the maximum amount of money that can be created by the banking system through the process of deposit creation.
The value of the money multiplier depends on required reserve ratio.
Lets, the money multiplier is calculated using the following formula:
Money multiplier = 1 / Required reserve ratio
Therefore, if the required reserve ratio is 0.0625, the money multiplier would be:
Money multiplier = 1 / 0.0625
Money multiplier = 16
Therefore, the value of the money multiplier in this case is 16.
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The following are important economic services of forests EXCEPT
a. Provide sustenance for many people who live in extreme poverty
b. Provide health benefits - drugs are derived from forest plant species
c. Provide habitat for about 2/3 of the earth's terrestrial species
d. Provide pulp to make paper
Forests play a vital role in the global ecosystem and provide numerous economic services. While all of the options listed contribute to the value of forests, "Provide habitat for about 2/3 of the earth's terrestrial species" does not directly relate to economic services but instead refers to the ecological importance of forests. The correct option is C.
Option (a) highlights that forests are essential for sustaining the livelihood of many people, especially those living in extreme poverty. Forests provide food, fuel, and shelter, which are crucial for survival and daily living.
Option (b) emphasizes the health benefits of forests as many drugs and medicines are derived from forest plant species. This includes treatments for various ailments and diseases, resulting in significant economic value for the pharmaceutical industry.
Lastly, option (d) showcases the economic importance of forests in providing raw materials, such as pulp, which is used to manufacture paper products. The paper industry creates jobs and generates revenue, making it an essential part of the global economy.
In conclusion, forests offer many important economic services such as providing sustenance, health benefits, and raw materials for industries. However, their role as a habitat for a vast majority of terrestrial species, though crucial for maintaining biodiversity and ecological balance, does not directly represent an economic service.
Thus, option C is correct.
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Definition of CVP Analysis 2. Assumptions, benefits and Limitations 3. Approaches to CVP Analysis: a. Graphical Approach- manually and using excel worksheet b. Contribution Approach c. Formula Approach 4. Application of CVP Analysis Break-even point (single & multi product) b. Margin of safety Sales unit & Sales Revenue to achieve Target Profit d. Contribution/Sales Ratio 5. Limitation of CVP analysis 6. Break Even Charts - manually and using a spreadsheet 7. CVP problem solving activities 1. Definition of CVP Analysis 2. Assumptions, benefits and Limitations 3. Approaches to CVP Analysis: a. Graphical Approach- manually and using excel worksheet b. Contribution Approach c. Formula Approach 4. Application of CVP Analysis Break-even point (single & multi product) b. Margin of safety Sales unit & Sales Revenue to achieve Target Profit d. Contribution/Sales Ratio 5. Limitation of CVP analysis 6. Break Even Charts - manually and using a spreadsheet 7. CVP problem solving activities
CVP Analysis is also called Cost Volume Profit Analysis is a process of determining the relationship between the costs, revenue, and sales volume. The information obtained from the analysis helps in determining the break-even point, which is the sales volume where a business covers all the fixed and variable costs. The concept is a powerful tool for the management of a business as it helps in making significant decisions.
Assumptions of CVP analysis include; fixed cost is constant throughout the production and sales process, sales mix of different products is constant, and production efficiency is constant. The benefits of using CVP analysis include; aids in planning, aids in the determination of break-even points, helps in determining the impact of price changes on the sales volume, helps in cost management, and aids in decision making. Limitations of CVP analysis include; it assumes that the variable costs are constant per unit of production, it assumes that all products sold are at the same price, it assumes that the production efficiency is constant, and it assumes that the sales mix of different products is constant.
Approaches to CVP analysis include; graphical approach, equation approach, and contribution margin approach.
Application of CVP analysis includes; in cost estimation, pricing decisions, marketing strategy, financial planning, and decision making.
Limitations of CVP analysis include; it does not consider external factors such as competition, the sales mix, and the effect of changing technology.
Break-even charts manually are drawn using a graph paper. The X-axis represents the sales volume, while the Y-axis represents the revenue and cost. The chart shows the break-even point and the profit or loss at different levels of sales. Break-even charts can also be prepared using a spreadsheet.
CVP problem-solving activities include; determining the break-even point, determining the sales volume needed to achieve a specific target profit, determining the effect of price changes on sales volume, and determining the effect of cost changes on the break-even point.
CVP analysis helps in the determination of the relationship between costs, revenue, and sales volume. The concept is a powerful tool for the management of a business as it helps in making significant decisions. The benefits of using CVP analysis include; aids in planning, aids in the determination of break-even points, helps in determining the impact of price changes on the sales volume, helps in cost management, and aids in decision making. The limitations of CVP analysis include; it assumes that the variable costs are constant per unit of production, it assumes that all products sold are at the same price, it assumes that the production efficiency is constant, and it assumes that the sales mix of different products is constant.
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What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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Price controls on goods can be set by?
O consumers.
O economists.
O governments.
O producers.
Answer: Price controls on goods can be set by governments.
There are costs and benefits to either method of solving a Capitalizing Problem.
True or False?
Answer:
True.
Explanation:
22. Go to the product mix worksheet, which calculates the profit from each model of portable speaker. Benicio wants to compare three scenarios: one with the current prices and costs, another with the prices raised $10. 00, and a third that reduces the variable costs per unit by $5. 0. He has already created the first two scenarios and defined names for cells and ranges. Create a third scenario as follows: a. In the scenario manager, add a scenario using reduced costs as the name. B. Accept the same changing cells (nonadjacent ranges b6:f6 and b11:f12) as the other two scenarios. C. Reduce each variable cost per unit value (mini1 variable cost, mini2 variable cost, voicexp variable cost, voicexp10 variable cost, and waterproof variable cost) by $5. 0. D. Create a scenario summary report that summarizes the effect of the three scenarios. Use the profit per unit sold (range b17:f17) as the result cells
Benicio can use this report to make informed decisions about which scenario to implement based on profitability. To create the third scenario, Benicio needs to follow these steps:
a. In the scenario manager, click on "Add" and name the scenario "Reduced Costs." b. Select the same changing cells as the other two scenarios, which are nonadjacent ranges b6:f6 and b11:f12.
c. Reduce each variable cost per unit value by $5.00 for mini1 variable cost, mini2 variable cost, voicexp variable cost, voicexp10 variable cost, and waterproof variable cost.
d. Create a scenario summary report that summarizes the effect of the three scenarios by selecting "Scenario Summary" under the "Reports" tab. Use the profit per unit sold (range b17:f17) as the result cells.
The scenario report will show the profit per unit sold for each scenario in a table format. The report will also include a summary graph that compares the three scenarios and highlights the one with the highest profit.
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according to hick, a certain amount of evil in the world is
Answer:
Hick argues that moral evil is a result of the mystery of free will. He believes the occurrence of nonmoral evil in the world is a necessary condition for the ethics of choice and the process of soul-making.
Is Philippine National Bank a government bank?
Philippine National Bank (PSE): PNB is the country's first universal bank and his fourth largest private commercial bank in the Philippines. PNB he founded in 1916 and was fully privatized.
Philippine National Bank (PNB), National Bank of the Philippines; It was founded on July 22, 1916 during the American colonial period.
This bank he became the first universal bank in the Philippines in 1980 and after being privatized by the government. After merging with Tan-owned Allied Bank on February 9, 2013, PNB became the country's fifth largest domestic private bank.
To date, PNB has a total of 713 domestic branches and his over 1,400 ATMs strategically located across the country. PNB maintains its position as the Philippine bank with the broadest international reach, with over 70 overseas branches, representative offices, remittance centers and affiliates in Asia, Europe, the Middle East and North America.
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Discuss whether or not consu,er benefit more from a market economic system or mixed economic system
Answer:
It just depends on which characteristics the mixed economy emphasizes. For example, if the market has too much freedom, it can leave the less competitive members of society without any government support. Central planning of government industries also creates problems.
A supermarket building was purchased for $567,000. The down payment was 12%. The balance was financed at 7.97% for 25 years. Find the montly payment is
The monthly payment for the supermarket building is approximately $3,667.63. To find the monthly payment for a supermarket building, the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]
we will need to make use of the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]
where P = the principal,
r = the interest rate per month, and
n = the total number of months.
We will calculate the values of P, r, and n using the information provided in the problem statement:
Down payment = 12% of $567,000 = 0.12 × $567,000 = $68,040
Principal = $567,000 − $68,040 = $498,960
Interest rate per year = 7.97%
Number of years = 25Number of months = 25 × 12 = 300To convert the interest rate per year to the interest rate per month, we will divide by 12:
Interest rate per month = 7.97% ÷ 12 = 0.6642% Plugging in these values into the formula, we get:
Monthly payment = $498,960[0.006642(1+0.006642)^300/((1+0.006642)^300−1)]
Monthly payment = $3,667.63.
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Samsung just paid an annual dividend of $2.5. The company has a required return of 10%.
Attempt 1/1
Part 1
If dividends are expected to be constant, what is the value of the stock?
Save
Attempt 1/1
Part 2
You now think that dividends will grow by 6% from year to year. What is the value of the stock?
Save
Part 1
Given that Samsung paid an annual dividend of $2.5 and has a required return of 10%.The value of the stock can be determined by using the constant dividend discount model as follows;Constant dividend
discount model = D / r
where;
D = Annual Dividendr = Required
returnThe value of the stock can be calculated as;Value of stock = $2.5 / 0.1Value of stock = $25Therefore, the value of the stock is $25.
Part 2When dividends are expected to grow by 6% from year to year, the value of the stock can be determined by using the dividend growth model as follows;Dividend growth model = D1 / (r - g)where;D1 = Expected dividend in the next yearr = Required returng = Growth rate of dividendThe expected dividend in the next year (D1) can be calculated as;D1 = D0 (1 + g)where;D0 = the current dividendD1 = $2.5 (1 + 0.06)D1 = $2.65
Therefore, the expected dividend in the next year (D1) is $2.65.The value of the stock can now be calculated as follows;Value of stock = $2.65 / (0.1 - 0.06)Value of stock = $2.65 / 0.04Value of stock = $66.25
Therefore, the value of the stock when dividends are expected to grow by 6% from year to year is $66.25.
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What are the 3 P's of triple bottom line?
The Triple Bottom Line (TBL) is an accounting framework that measures the financial, social, and environmental performance of a business. It is also referred to as the 3 P's: People, Planet, and Profit.
The first ‘P’, People, refers to the social impact of a business. This includes things like the wages and benefits of employees, the impact on the local community, and the ability of the business to create meaningful employment opportunities.
The second ‘P’, Planet, refers to the environmental impact of a business. This includes things like greenhouse gas emissions, waste management, and the use of renewable energy sources.
The third ‘P’, Profit, refers to the financial performance of a business. This includes things like sales growth, profits, and return on investment.
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just a mental health update, be sure to drink some water and get a heathy snack and don't to much work. Have a good day! <3
5. (7 marks) You may have seen some shop owners selling products imported from countries such as China and South Korea. The labels on these products are written in their languages. Do you think that these shop owners do responsible marketing? If you are one of them, explain how you will market such products. (3 marks)
In order to assure customer comprehension and safety, responsible marketing would probably include making sure that product labels are correct and offering translations for information about them in the local tongue.
What link exists between the safety of food and food labels?Answer and justification Because they include information on a meal's ingredients, methods of preparation, and shelf life, food labels are crucial for ensuring food safety. So that customers may make wise choices about the safety of the food they eat, food labels are important.
How effectively have labels boosted sales of environmentally friendly goods?In conclusion, the use of sustainability labels helps to promote the consumption of sustainable foods. The inclusion of a sustainable label raises perceived quality and elicits pleasant feelings, increasing the willingness of consumers to pay for the product.
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on the date of dividend declaration, which of the following entries is recorded? multiple choice debit dividends; credit cash. debit dividends payable; credit cash. debit dividends; credit dividends payable. no entry is recorded.
On the date of dividend declaration, the correct entry to be recorded is debit dividends payable and credit dividends.
The correct answer is option c.
This is because a company declares dividends in advance of actually distributing them to its shareholders. The declaration creates a liability for the company to pay out the dividends to its shareholders at a future date.
The debit to dividends payable account reflects the liability created by the dividend declaration. This account represents the amount of dividends owed to the shareholders. The credit to dividends account reduces the retained earnings of the company. Retained earnings represent the accumulated profits of the company that have not been distributed to the shareholders in the form of dividends.
It is important to note that no cash transaction has occurred at the date of dividend declaration. Therefore, no entry is recorded to the cash account. Cash is only debited and dividends payable is credited on the date of payment, when the company actually distributes the dividends to its shareholders.
In summary, on the date of dividend declaration, the entry recorded is debit dividends payable and credit dividends. This entry reflects the liability created by the dividend declaration and the reduction in retained earnings. No entry is recorded to the cash account at this point in time.
Therefore, The correct answer is option is c.
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Given a need to raise capital of $2 million and attorney costs of $150,000, with an underwriter's spread of 3%, the amount of bond issuance should be:
Answer:
The amount of bond issuance is $2,085,500
Explanation:
The computation of the amount of bond issuance is shown below:
= Raise capital + attorney cost - underwriter spread
= $2,000,000 + $150,000 - 3% of $2,150,000
= $2,150,000 - 3% of $2,150,000
= $2,150,000 - $64,500
= $2,085,500
Hence, the amount of bond issuance is $2,085,500
We simply applied the above formula so that the correct value could come
Edgar accumulated $5,000 in credit card debt. If the interest rate is 20% per year and he does not make any payments for 2 years, how much will he owe on this debt in 2 years with monthly compounding
To calculate the amount Edgar will owe on his credit card debt after 2 years with monthly compounding, we can use the formula for compound interest.
First, we need to convert the annual interest rate to a monthly interest rate. Since there are 12 months in a year, the monthly interest rate is 20% / 12 = 1.67%.
Next, we can calculate the future value of the debt using the formula:
Future Value = Principal * (1 + Monthly Interest Rate)^Number of Months
In this case, the principal (initial debt) is $5,000, the monthly interest rate is 1.67%, and the number of months is 2 years * 12 months/year = 24 months.
Plugging in the values, we get:
Future Value = $5,000 * (1 + 0.0167)^24
Calculating this, we find that Edgar will owe approximately $5,886.77 on this debt in 2 years with monthly compounding.
In conclusion, after 2 years with monthly compounding, Edgar will owe around $5,886.77 on his $5,000 credit card debt. This calculation assumes no payments are made during this time period.
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3. Using ASPE, the ______________ method of inventory costing is most likely to lead to inflation-induced profits.
A. FIFO
B. Specific item
C. Weighted average
D. Lower of cost or market
Using ASPE (Accounting Standards for Private Enterprises), the FIFO (First-In, First-Out) method of inventory costing is most likely to lead to inflation-induced profits.
This is because the FIFO method assumes that the first units of inventory purchased or produced are the first ones to be sold, which leads to a higher valuation of the remaining inventory in periods of inflation. As the cost of inventory increases due to inflation, the cost of the first units purchased is also assumed to increase, leading to a higher cost of goods sold (COGS) and a lower net income. However, the remaining inventory is valued at the current, higher prices, leading to a higher gross profit margin and net income. This is because the COGS is calculated based on the cost of the earliest units purchased, while the revenue is based on the selling price of the most recent units sold. Therefore, in periods of inflation, the FIFO method of inventory costing can overstate the profits of a company, leading to inflation-induced profits. Other methods such as the Specific Item and Lower of cost or market are less susceptible to inflation-induced profits, while the Weighted Average method falls in between the two extremes.
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1. Economic growth results from a/an A. decrease in quality of resources. B. decrease in quantity of resources. C. increase in capital depreciation. D. increase in volume of innovations
Answer:
D. increase in volume of innovations.
Explanation:
Centers, offers to permit Brown and her immediate family to use the facilities at his fitness centers at no cost during 2003. To get this benefit, Brown must achieve on Wood's portfolio at least a 2-percentage point return above the total return on the S
Mr. Centers has offered Brown and her immediate family free access to his fitness centers in 2003. However, to avail this benefit, Brown must achieve a return on Wood's portfolio that is at least 2 percentage points higher than the total return on the S&P (Standard & Poor's) index.
In order for Brown to enjoy the free access to the fitness centers offered by Mr. Centers, she must meet a specific investment performance requirement. This requirement states that Brown needs to achieve a return on Wood's portfolio that exceeds the total return on the S&P index by at least 2 percentage points.
The S&P index is a widely followed benchmark that represents the performance of the overall stock market. It provides a measure of the average return earned by investors. Brown's portfolio return must surpass this benchmark by 2 percentage points to meet the condition set by Mr. Centers.
By achieving the required outperformance, Brown qualifies for the benefit of using the fitness centers at no cost throughout the year 2003. However, if her portfolio return falls short of this target, the free access privilege may not be granted. The specific details of Wood's portfolio and the S&P index returns would determine whether Brown meets the condition and can enjoy the offered benefit.
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Identify and discuss how Safari Tourism can be more sustainable in East African countries (Tanzania, Kenya, Uganda) and South African countries ( Namibia, Botswana, South Africa)?
Safari tourism is a significant income generator for countries such as Tanzania, Kenya, Uganda, Namibia, Botswana, and South Africa. While safari tourism has a significant positive economic impact, it also has a negative impact on the environment, the local communities, and the wildlife.
As such, there is a need for sustainable safari tourism. This paper will identify and discuss how safari tourism can be more sustainable in East African countries (Tanzania, Kenya, Uganda) and South African countries (Namibia, Botswana, South Africa).
Sustainable safari tourism in East African countries
1. Supporting local communities
Safari tourism should support the local communities by providing job opportunities and supporting local businesses. Supporting local communities will reduce the impacts of tourism on the environment.
2. Reducing waste
Safari tourism should reduce the amount of waste generated by tourism. Waste should be disposed of in an environmentally friendly manner.
3. Conserving wildlife
Safari tourism should conserve wildlife by providing opportunities for visitors to see animals in their natural habitats. Wildlife conservation will require the development of protected areas for wildlife.
4. Encouraging responsible travel
Safari tourism should encourage responsible travel by providing information to visitors on how to reduce the impacts of tourism on the environment. Visitors should be educated on how to conserve water, reduce waste, and conserve wildlife.
Conclusion
Safari tourism has a significant impact on the economy, environment, and local communities of East African countries (Tanzania, Kenya, Uganda) and South African countries (Namibia, Botswana, South Africa). To ensure sustainable safari tourism, the stakeholders should support the local communities, reduce waste, conserve wildlife, and encourage responsible travel.
Sustainable safari tourism will benefit the local communities, the environment, and the wildlife.
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Problem 15-33 (Algorithmic) Kolkmeyer Manufacturing Company is considering adding two machines to its manufacturing operation. This addition will bring the number of machines to ten. The president of Kolkmeyer asked for a study of the need to add a second employee to the repalr operation. The arrival rate is 0.07 machines per hour for each machine, and the service rate for each individual assigned to the repair operation is 0.6 machines per hour. a. Compute the operating characteristics if the company retains the single-employee repair operation. If required, round your answers to four decimal places. P 0 = t 2 = L= W G = hours W= haurs
the operational parameters for Kolkmeyer Manufacturing Company's single-employee repair operation: P0: The likelihood that there are no machines waiting to be repaired. t2: The typical length of time a machine waits to be repaired. L: The typical number of machines waiting to be repaired.
WG: The average amount of time (including both queue and service time) that a machine spends in the system.W: The amount of time on average that a machine waits in queue before being serviced. Using the M/M/1 queuing system formulas: P0 is equal to 1 minus (/), where / is the service rate and / is the arrival rate. t2 = P0 / (μ * (1 - P0)) L = λ * t2 WG = t2 + (1/μ) W = λ * WG Given: Arrival Each machine is clocked at a rate of () = 0.07 machines per hour. 0.6 machines per hour is the service rate. The arrival rate changes to 0.07 * 10 = 0.7 machines per hour due to the presence of ten machines. When these values are entered into the formulas: P0 = 1 - (0.7 / 0.6) ≈ 0.1667 t2 = 0.1667 / (0.6 * (1 - 0.1667)) ≈ 0.2381 L = 0.7 * 0.2381 ≈ 0.1667 WG = 0.2381 + (1 / 0.6) ≈ 2.9056 W = 0.7 * 2.9056 ≈ 2.0339 As a result, the single-employee repair operation's operational characteristics are as follows: P0 = 0.1667; t2 = 0.2381 0.1667 machines for L 2.9056 WG hours
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a home builder wants to construct a house on his lot. the house will sit 20' from the front lot line. the city ordinance calls for a minimum setback line of 25'. in order to construct his house in the manner described, the builder must obtain a: select one: a. variance. b. spot zoning permit. c. special use permit. d. non-conforming use license.
The correct answer is: a. variance.
in order to construct the house with a setback of 20' from the front lot line, which is less than the minimum setback required by the city ordinance (25'), the builder would need to obtain a:
a. variance.
a variance is a permission or exception granted by the local zoning authority that allows a property owner to deviate from certain zoning regulations or requirements. in this case, the builder would need to request a variance to construct the house with a setback of 20' instead of the required 25' setback.
a spot zoning permit typically refers to the process of designating a specific area or spot for a particular use within a larger zoning district. a special use permit is required for specific uses that may have an impact on the surrounding area, but it doesn't apply to setback requirements. a non-conforming use license is related to properties that were legally established before zoning regulations were enacted and do not comply with current zoning requirements.
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If a business has a net loss for a fiscal period, the journal entry to close the Income Summary account is:
If a business has a net loss for a fiscal period, the journal entry to close the Income Summary account is a debit to capital and a credit to Income Summary.
With a debit card, your purchase will be deducted from your checking account in near real-time. If you use a credit card, the amount will be charged to the credit line. This means you will have to pay the invoice at a later date, which will take longer to pay.
For example, if two companies are trading with each other and Company A says they are buying something from Company B, Company A will have less cash (credit) and Company B will have cash (debit). ) Will increase. .. The same transaction is recorded from two different perspectives.
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Midyear on july 31st, the chester corporation's balance sheet reported: total assets of $124.287 million total common stock of $3.810 million cash of $6.030 million retained earnings of $26.732 million. what were the chester corporation's total liabilitie
The total liabilities of the Chester corporations as on July 31st will be $99,775.
What are total liabilities?
The amount of payments which are yet to be made, but are accrued by the receiver. The total liabilities are the calculation of total assets less equities and capitals of such firm.
Using the given information in the formula below, we get,
\(\rm Total\ Liabilities\ = Total\ Assets\ -\ Total\ Equities\\\\\rm Total\ Liabilities\ = 130317\ -\ 30542\\\\\rm Total\ Liabilities\ =\$99,775\)
Thus, the total liabilities of Chester Corporation is computed as $99,775.
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Which of the following is NOT a characteristic of a responsible borrower?
uses a variety of types of credit
makes monthly credit card payments on time
only uses approximately 30% of the credit that is available to them
opens a new credit card every time one is maxed out
Answer: Opens a new credit card every time one is maxed out
Explanation:
The correct option is to open a new credit card every time one is maxed out.
What is the responsible borrower?Being an accountable borrower is highly aligned with budgeting. Your student loan expenditures should be no more than 10% of your prospective net monthly payment. It is important to not borrow more than you require for your school-related expenditures and to keep track of how much you are borrowing cumulatively.An individual or an entity that takes money from someone else for different purposes. The borrower uses the capital for the specified period and at the end of the period returns the capital to the lender. For the usage of these funds, there will be a settlement called interest.To learn more about responsible borrower, refer to:
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The owner of a bike shop would like to analyze the sales data to determine if the business is growing, declining, or remaining flat. The owner has the following data:
Sales Revenue Last Year =$125,000
Sales Revenue Current Year = $150, 000
What is the Sales Growth?
Do not forget to type the % symbol after multiplying your result by 100 to convert to percentage!
Hint: Your answer will NOT have decimal point.
Example: 75%
What effects did zaha have on guggenheim new york?
The effects that Zaha had on Guggenheim New York is that her current retrospective at the Solomon R. Guggenheim Museum in New York gives ample evidence of her genius. She has been busy and produced a staggeringly impressive body of work that is without equal for its inventiveness. This saved urban space and merges the elements of its surroundings. It also projects a brand new artificial landscape outweighted by funnel-shaped cones. The Solomon R. Guggenheim Museum, often referred to as The Guggenheim, is an art museum at 1071 Fifth Avenue on the corner of East 89th Street on the Upper East Side of Manhattan in New York City.
Who is Zaha Hadid?Dame Zaha Mohammad Hadid DBE RA was a British-Iraqi architect, artist and designer, recognised as a major figure in architecture of the late 20th and early 21st centuries.
Therefore, the correct answer is as given above
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Rosco owns a cola distributor in Germany. He wants to appeal to the local community: however, he wants to ensure that customers identify with
the product's reputation. He therefore believes ethnocentric staffing is the best staffing method for his company. Which advantage of
ethnocentric staffing will work for Rosco's business?
ОА.
It will help assemble a diverse management team with superior skills and knowledge.
OB. It will allow the managers to train on the company's business model and have control over the decisions made locally.
O c. It will allow using managers who already understand the local culture.
OD.
It will allow superior knowledge from both cultures.
Answer:
Not C
Explanation:
I guessed it and it was wrong
On January 22, Zentric Corporation issued for cash 342,000 shares of no-par common stock at $20. On February 14, Zentric issued at par value 9,000 shares of preferred 6% stock, $80 par for cash. On August 30, Zentric issued for cash 31,000 shares of preferred 6% stock, $80 par at $85. Journalize the entries to record the January 22, February 14, and August 30 transactions. Refer to the Chart of Accounts for exact wording of account titles.
Answer:
Journal Entries
January 22
Dr. Cash $6,840,000
Cr. Common stock $6,840,000
February 14
Dr. Cash $720,000
Cr. Preferred stock $720,000
August 30
Dr. Cash $2,635,000
Cr. Preferred stock $2,480,000
Cr. Paid in capital excess of par-Preferred stock $155,000
Explanation:
January 22
Common Stock = Numbers of shares issued x Issue price per share
Common Stock = 342,000 shares x $20
Common Stock = $6,840,000
February 14
Preferred stock = Numbers of preferred shares x Price per preferred share
Preferred stock = 9,000 shares x $80 per share
Preferred stock = $720,000
August 30
Cash Received = Numbers of shares x issuance price = 31,000 x $85 = $2,635,000
Cash Received = Numbers of shares x par value = 31,000 x $80 = $2,480,000
Paid in capital excess of par = $2,635,000 - $2,480,000 = $155,000