Brandywine Clinic, a not-for-profit business, had revenues of $10.7 million last year. Expenses other than depreciation totaled 75 percent of revenues, and depreciation expense was $2.1 million. All revenues were collected in cash during the year, and all expenses other than depreciation were paid in cash. Now, suppose the company changed its depreciation calculation procedures (still within GAAP) such that its depreciation expense was halved. How would this change affect Brandywine's net income
Answers
Answer:
net income will increase by $1,050,000
Explanation:
current net income = ($10.7 million x 25%) - $2.1 million = $575,000
if depreciation expense is cut by half, then new net income will be:
new net income = ($10.7 million x 25%) - $1.05 million = $1,625,000
this means that net income will increase by $1,625,000 - $575,000 = $1,050,000
Related Questions
What is the next number in the sequence -1, 4,21,56,115,204,…?
Answers
After 204, the next number that would be in the sequence is 329 such that we would have -1, 4,21,56,115,204, 329
How to solve for the sequenceWe have to solve this by following the digits from 1 to 7 in an ascending order.
The values would have to be raised to the power of three and then subtract the value multiplied by 2.
Mathematically we are going to have the following.
1³ - (1x2) = 1 - 2 = -1
2³ - (2 x 2) = 8 - 4 = 4
3³ - (3 x 2) = 27 - 6 = 21
4³ - (4 x 2) = 64 - 8 = 56
5³ - (5 x 2) = 125 - 10 = 115
6³ - (6 x 2) = 216 - 12 = 204
7³ - (7 x 2) = 343 - 14 = 329
Hence the next number that would follow in the sequence would be 329. Such that we would have -1, 4,21,56,115,204, 329
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A city keeps track of the number of new small businesses which open in any given year, as well as how many of those
new businesses report profit in excess of their initial investment after one year's time. An example of the data collected
can be viewed in the table below.
2000
Year
New
1998
781
1999
699
626
217
2001
730
264
2002
762
244
Profitable
311
205
If 684 new small businesses opened in 2003, approximately how many of them could be expected to turn a profit in
excess of their initial investment by 2004?
a 200
b. 236
c. 247
d. 272
Answers
Answer:
It's 236
Explanation:
Edge2020 ignore the other guy
Which one of the following will not cause a change in the demand for labour, illustrated by a shift of the demand curve?
A.
A decrease in the number of employers
B.
A decrease in the wage rate
C.
An increase in the price of the product
D.
A decrease in the productivity of labour
Answers
Answer:
B. An increase in the wage rate
Explanation:
Here are simplified financial statements for Watervan Corporation:
1.) Calculate Watervan’s economic value added (EVA).
Note: Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.
2.) What is the company’s return on capital? (Use start-of-year rather than average capital.)
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
3.) What is its return on equity? (Use start-of-year rather than average equity.)
Note: Enter your answer as a percent rounded to 2 decimal places.
Answers
Based on the financial statements given for Watervan Corporation, the Economic Value Added is $54.501 million.
What is the Economic Value Added?This can be found by the formula:
= (EBIT x (1 - Tax rate)) - (Cost of capital x Capital)
Tax rate is:
= 20 / 97 x 100
= 20.6%
Capital invested:
= Equity + Long term debt
= 256 + 121
= $377 million
Economic value added is:
= (109 x (1 - 20.6%)) - (8.5% x 377)
= $54.501 million
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What is market environment
Answers
Answer:
The market environment is the combination of external and internal factors that affect a company's ability to establish a relationship with and serve its consumers.
Explanation:
The internal factors relate to the company itself, such as owners, workers, materials, components, etc.
The external factors are divided into macro and micro components. The macro component is the broad environment which includes societal forces that affect society as a whole. The micro component is task-related, which includes factors that influence the production, manufacturing and distribution of a product or service.
(Economics)
In an essay of at least two well-developed paragraphs, explain the global benefits of international trade and multinational corporations.
Answers
International trade refers to the exchange of goods and services across national borders. It plays a significant role in promoting economic growth and providing several global benefits.
One of the primary advantages of international trade is that it allows countries to specialize in producing goods and services in which they have a comparative advantage. This means that countries can focus on producing goods that they can produce more efficiently and at a lower cost compared to other countries. As a result, resources are allocated more efficiently, leading to increased productivity and higher standards of living.Furthermore, international trade enables countries to access a wider variety of goods and services that may not be available domestically. This increases consumer choices and provides opportunities for individuals to enjoy a higher quality of life. For example, consumers in a landlocked country can still enjoy fresh seafood by importing it from coastal countries. Similarly, individuals in colder climates can purchase tropical fruits from countries where they are grown.Multinational corporations (MNCs) also contribute to the global benefits of international trade. These are companies that operate in multiple countries, with business activities ranging from production to distribution. MNCs play a crucial role in facilitating international trade by establishing global supply chains, investing in foreign markets, and creating jobs. They bring capital, technology, and managerial expertise to host countries, which can lead to economic development and improved living standards.Moreover, MNCs often engage in research and development (R&D) activities, driving innovation and technological advancements. This can have far-reaching benefits for both the host country and the global economy. For instance, a multinational pharmaceutical company conducting R&D in a developing country may discover new drugs or medical treatments that can benefit people worldwide.In conclusion, international trade and multinational corporations provide numerous global benefits. They promote specialization, resource allocation efficiency, and access to a wider variety of goods and services. Additionally, MNCs contribute to economic development, job creation, innovation, and technological advancements. Overall, international trade and MNCs play a crucial role in fostering economic growth and improving the well-being of individuals and nations around the world.
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1. To what degree are trends in business and developments in technology forcing workers to write more than ever before? What evidence supports this trend? (Obj. 1)
Answers
The trend of increased writing requirements due to business and technological developments is significant.
What is business?Business is the production or purchase and sale of goods and services with the ultimate goal of making a profit. Businesses can be divided into two main categories: those that produce goods and those who provide services. Goods-producing businesses create tangible products, such as furniture, clothing, and cars. Service-providing businesses provide services, such as consulting, accounting, and legal services.
Technology has allowed for an increase in the amount of data collected and processed, requiring workers to synthesize this information into written reports. Additionally, the trend towards remote working has increased the need for written communication and collaboration as a way to bridge physical distance. This has resulted in an increase in the need for written communication in the workplace, as well as an increase in the amount of written communication. Evidence of this trend can be seen in the rise of services such as online collaboration tools, and the prevalence of email and other written forms of communication in the workplace.
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Which of the following is NOT a typical characteristic of a Minstrel
A. wandering, versatile entertainers
B. sometimes members f aristocracy and royalty
C. musicians of the fringe society
D. descriptive accounts; music not notated
Answers
Answer:
B
Explanation:
What will happen in the market for wine if the price of cheese increases (wine and cheese are complements)?
Answers
If wine and cheese are complement goods, when the price of cheese increases, the demand for wine would decrease.
What are complement goods?Complement goods are goods that are consumed together. An example of complement goods are bread and jam.
According to economic theory, there is an inverse relationship between price and the quantity demanded. When the price of one of the complement good increases, it would become more expensive to consume the good. Thus, there would be a decrease in demand for that good. As a result of the decrease in quantity demanded, there would b a decrease in demand of the other complement good.
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What is one major measure of economic growth?
Answers
Answer:
yo mama
Explanation:
yo mama's so ugly, she made a blind kid cry.Q1: In about 200 words, write an essay analyzing the below case study using the SWOT framework.
• Students are required to define each key concept (SWOT) and to identify 4 strengths, 4 weaknesses, 2 opportunity, and 2 threats. Then to write an analytical text for the case study. Then to write an analytical essay for the case study. (60%)
Q2: In about 200 words, write an essay analyzing the STEEPLE Module .
Students are required to define each key concept (STEEPLE) and to illustrate all concepts with examples
Nike’s Goddess
Could a famously masculine company finally click with female customers? That was the challenge behind Nike Goddess, whose goal was to change how the company designed for, sold, and communicated with women.
In its 30-year history, Nike had become the undisputed leader in sports marketing. But beneath the success was an Achilles’ heel. Nike is named after a woman – the Greek goddess of victory – but for most of its history, the company had been perceived as being mostly about men. Could Nike do more to realize the full potential of female customers? And how could it afford not to, given the threats to its future with Air Jordan running out of air and brands like Skechers digging into the teen market with shoes inspired by skateboarding, not basketball. That was the huge question at Nike HQ. The launch of Nike Goddess was the makings of an answer.
Just Doing It Differently
For much of its history, Nike’s destiny was controlled by its founders, Phil Knight and his running buddies, who signed up athletes in locker rooms and made the executive decisions. But by throwing together a diverse team of people with different backgrounds and different levels of seniority, Nike has found that it can keep many of its core attributes while adding new sources of inspiration. Take the combination of star designer John Hoke and newcomer Mindy Grossman, vice president of global apparel. Hoke designed the look and feel of the first Nike Goddess store. Then Grossman, whose career has included helping make Ralph Lauren into a retail icon, pitched1 the design ideas to Nike’s top retailers as stores within stores. Now it looks like Nike has a chance to reach a crucial objective: double its sales to women by the end of the decade.
How to Sell to Women
Nike Goddess began as a concept for a women-only store, and there’s a reason why. Many of the retail settings in which the company’s products were found were a turnoff to female customers: dark, loud, and harsh – in a word, male. In sharp contrast, the Nike Goddess stores have the comforting feel of a woman’s own home.
How to Design for Women
Designing a new approach to retail was only one element in Nike’s campaign. Another was redesigning the shoes and clothes themselves. Nike’s footwear designers worked on 18-month production cycles – which made it hard to stay in step with the new styles and colors for women. The apparel group, which worked around 12-month cycles, was better at keeping up with fashion trends. But that meant that the clothes weren’t coordinated with the shoes – a big turnoff 2 for women.
How to Talk to Women
When Jackie Thomas, Nike’s US brand marketing director for women, first heard the phrase ‘Nike goddess,’ she wasn’t impressed. ‘I don’t like talking to women through gender,’ she says. Nike Goddess had to mean something to women and it was her job to make that happen. ‘Women don’t need anybody’s permission. We are at our best when we are showing women a place where they didn’t think they could be.’ For John Hoke, the real power of Nike Goddess is not about traffic at stores. It’s about changing minds inside the company. ‘I knew that Goddess could galvanise3 us,’ he says, ‘It was an opportunity to redefine and re-energies our entire brand around a market that was taking off.’
Answers
Essay writing is typically given to students in order to test their writing and reading skills.
How to write an essay?Based on the information given, the way to write the essay will be given. Firstly, it's important to decide on your topic.
Research should be done on the topic and create an essay outline. Set your argument in the introduction and develop it with evidence.
Finally, check the content, grammar, formatting, and spelling, of your essay.
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Producing products that are individualy designed to meet the needs of a specific customer where each customized product is manufactured separately is the
definition of:
O process production
O mass production
O job order production
O service production
Answers
Hope this helps.
Why can a credit union lend money to members at reduced rate
Answers
Answer:
Credit unions are able to offer lower rates compared to traditional banks because of their business structure. Most banks are for-profit companies, meaning they reinvest their income to earn more profit or they pay it out to shareholders. Banks are also subject to federal and state income taxes.
A grocery store that uses local distributors is am example of what stage of globalization
Answers
Answer: Domestic stage
Explanation:
In the domestic stage of production, the entity is only involved in the domestic arena. The production facilities they have are limited to the country they are in and they only operate in the domestic market and at this point, the company is not trying to get into foreign markets.
The grocery store above uses only local distributors which means that they are only servicing the local market which therefore puts them at the domestic stage of globalization.
People working in teams are more effective in part due to _____________________, which is the enhancement to performance that comes simply from working with other people instead of by oneself.
a. communication
b. equity
c. emotional intelligence
d. social facilitation
Answers
How do people who volunteering/organizing at a fundraiser use donated items
Answers
People who volunteer or organize fundraisers typically use donated items in several ways to maximize their impact providing both financial and experiential value, while fostering community involvement and support for the cause.
Firstly, they assess the donated items to determine their suitability for the event's goals. If the items align with the fundraiser's purpose, they may include them in auctions, raffles, or silent auctions to generate funds. High-value items or unique experiences are often reserved for live auctions to attract higher bids.
In addition to generating revenue, donated items can serve as incentives to encourage donations. Volunteers may offer them as rewards for specific donation thresholds or use them as prizes for fundraising challenges. By leveraging the donated items in this way, organizers motivate participants to contribute more generously.
Moreover, donated items can be used to enhance the overall atmosphere of the fundraiser. They may be displayed to create visually appealing setups, reinforcing the cause and encouraging attendees to engage with the event. For example, art pieces or crafts can be showcased, generating interest and potentially leading to additional donations.
Overall, donated items play a crucial role in fundraising events, providing both financial and experiential value, while fostering community involvement and support for the cause.
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Which metric would you focus on improving?
Answers
The metric that would be needed to improve in the customer service metrics would be C. Escalations.
What is Customer Service?This refers to the means of complaint that users of a product or service can reach out to and get a resolution of conflict with regards to the product or service.
Hence, we can see that based on the given diagram, it is clear that from the monthly goals, escalation is the lowest as it stands at 9%, therefore, it needs to be improved.
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Can anyone help??? pls
Answers
briefly describe and note any errors you see in the a/p aging summary report as of march 30 2016
Answers
Your AR ageing report contains information about the credit you grant customers who make purchases from you.
What is AR ageing?Accounts receivable ageing is a recurring report that classifies a company's receivables based on how long an invoice has been unpaid. It serves as a yardstick for evaluating the stability and financial standing of a company's clientele. If an organization's receivables are being collected much more slowly than usual, this may indicate that business is slowing down or that the organisation is taking on more credit risk in its sales operations. As a management tool, accounts receivable ageing can show whether customers are developing credit concerns and whether the company should continue doing business with those who are frequently late with payments.
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Edgerron Company is able to produce two products, G and B, with the same machine in its factory. The following information is available.
Product G Product B
Selling price per unit $150 $180
Variable costs per unit 60 108
Contribution margin per unit $90 $72
Machine hours to produce 1 unit 0.4 hours 1.0 hours
Maximum unit sales per month 550 units 200 units
The company presently operates the machine for a single eight-hour shift for 22 working days each month. Management is thinking about operating the machine for two shifts, which will increase its productivity by another eight hours per day for 22 days per month. This change would require $9,000 additional fixed costs per month. (Round hours per unit answers to 1 decimal place. Enter operating losses, if any, as negative values.)
Required:
1. Determine the contribution margin per machine hour that each product generates.
2. How many units of product G and product B should the company produce if it continues to operate with only one shift? How much total contribution margin does this mix produce each month?
Answers
Answer:
Product G Product B
Selling price per unit $150 $180
Variable costs per unit $60 $108
Contribution margin per unit $90 $72
Machine hours to produce 1 unit 0.4 hours 1.0 hours
Maximum unit sales per month 550 units 200 units
1)
Contribution margin per = $90 / 0.4 = $72 / 1
machine hour = $225 = $72
2)
total operating hours per 176 hours
month
units produced 440 units 0 units
contribution margin $39,600 $0
Since Product G generates a much higher contribution margin per machine hour, all the available machine hours (176) should be used to produce it. That would result in 440 units produced and $39,600 generated as contribution margin.
what can prevent dollar general robbery prevention?
Answers
Additionally, the business employs loss prevention personnel who "will advise on security measures, investigate instances of theft, and coordinate with Dollar General management and government agencies to ensure that all loss prevention tactics are appropriate and legal," according to the website of a consumer advocacy group.
What is the company's strategy?The long history of profitable growth at Dollar General is based on a dedication to a comparatively straightforward business model: meeting a wide range of customers' basic daily and household needs, supplemented with a variety of general merchandise items at consistently low prices in conveniently located, small-box stores.
Customers are visually assured of their protection by security officers, and they act as a deterrent to bank robbers. 3) Using security cameras both inside and outside the bank to catch potential criminals and try to identify them.
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Which of the following is an example of transparency?
A. The project manager ensures that only the project sponsor and
other key executives know what the primary deadlines are.
O B. The project manager posts all the project information (schedule,
guidelines, etc.) to a location that is accessible by the entire team.
C. The project manager uses team meetings to encourage
employees to get to know one another.
O D. The project manager encourages the team members to think
"outside the box" and challenge the guidelines as much as
possible.
Cause
Answers
Answer:
B
Explanation:
The project manager is being transparent in this case by posting project information, scheduling, etc. so that it may be accessible to everyone on the team, not hiding anything or making anything exclusive and excluding specific people
The project manager posts all the project information to a location that is accessible to the entire team is an example of transparency. Thus, option B is correct.
What is transparency?
By providing project details, like food scheduling, online so that everyone on the team can view them, the project manager is acting transparently in this instance by not keeping something a secret or making it exclusive so as to exclude particular team members.
A project team's culture of honest interactions and visibility is characterized by clarity when it comes to project and resource management. From a managerial standpoint, it frequently involves being open and forthcoming with one another regarding the project as the team as a whole.
The manager of the project and team members can quickly discover and express concern about any problems that might impede the project's development thanks to the assignment's status transparency.
Therefore, option B is the correct option.
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The advantage of using a safe deposit box at a financial institution is that it is protected by the financial institution’s security system, which usually provides greater protection than the security systems of a private home. Group of answer choices False True
Answers
Answer:
True
Explanation:
The biggest advantage of keeping deposits at financial institutions is that they receive more protection in comparison to the security systems of a private home. Hence, the given statement is true.
What is a financial institution?Also known as the banking institutions, financial institutions or FI is a kind of business entity that provides and deals in various types of financial monetary transactions. Basically, a financial institution is a company that deals in the activities such as deposits, loans, investments, and currency exchange. The customers of these institutions are the individuals and businesses who need them.
There are some common types of financial institutions, they are commercial banks, brokerage firms, insurance companies, and investment banks. In the given types of institutions, there are sub-categories also. They are central banks, retail and commercial banks, internet banks, credit unions, savings, and loans associations, investment banks, and many more.
Thus, the given statement is correct.
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critcism of modern management theory
Answers
Critics argue modern management theory is rigid, short-sighted, lacks inclusivity, and limits employee empowerment and engagement.
Modern management theory has received its fair share of criticism. One critique is its overemphasis on rigid hierarchical structures, which can stifle creativity and hinder employee autonomy. Another criticism is the focus on short-term financial gains, often at the expense of long-term sustainability and employee well-being. Critics argue that this approach neglects the importance of social and environmental factors in organizational success. Additionally, modern management theory is often criticized for its lack of inclusivity and failure to address issues of diversity and equity. Furthermore, some argue that the reliance on top-down decision-making and command-and-control structures limits employee engagement and empowerment. These criticisms highlight the need for a more flexible, holistic, and human-centered approach to management that takes into account the complex dynamics of organizations and their impact on individuals and society.For more such questions on Modern management theory:
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i need help correct answer gets brainlyist
How has the internet affected the tourism industry?
It has increased traveler knowledge and made booking travel easier and more affordable.
It has led to challenges for travelers who book their own travel without knowing local areas.
It has made travel more complicated, requiring more travel agents to support customers.
It has reduced the safety and security of traveler identities, making people afraid to travel.
Answers
The effect of the internet on the tourism industry as It has increased traveler knowledge and made booking travel easier and more affordable. Option A
This is further explained below.
What is the tourism industry?Generally, The tourism sector may be defined in its most general sense as the sum of all firms that directly supply products or services to assist business, pleasure, or leisure activities in an environment that is different from that of the typical home.
In conclusion, The impact of the internet on the tourist sector may be summarized as follows: the internet has improved traveler information, simplified the booking process, and lowered prices. Alternative
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Lantana company has provided you with the transactions that occurred during its first month of operations. The controller has already recorded the transactions to the t-accounts and has asked you to prepare the classified balance sheet based on the t-account balances.
Answers
To prepare the classified balance sheet for Lantana Company based on the provided t-account balances.
What is T- Accounts ?We first need to organize the information into relevant categories. These categories typically include current assets, non-current assets, current liabilities, non-current liabilities, and equity.
For current assets, we can include cash, accounts receivable, and inventory, among others. Non-current assets may include property, plant, and equipment, as well as long-term investments.
Current liabilities may include accounts payable and short-term loans, while non-current liabilities could include long-term debt and deferred tax liabilities. Finally, equity would include common stock, retained earnings, and any other relevant components.
Once we have organized the t-account balances into these categories, we can then calculate the total amounts for each category and list them on the balance sheet accordingly.
The resulting balance sheet will provide a clear snapshot of the company's financial position at the end of its first month of operations, and will be a useful tool for decision-making and planning going forward
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what is the difference between hire purchase and differed payment?
Answers
Explanation:
In deferred payment, the borrower will agreed to pay certain amount of money on the promised date. ... In hire purchase, the purchaser will be getting the belongings without paying the full price of the item. The purchasers would make down payment and the balance is paid in installments.
Explanation:
Hire purchase is a system by which one pays for a thing in regular installments while having the use of it but deferred payments are payments that are completely or partially postponed for financial reasons
What is the maximum additional health savings account (HSA) contribution that may be made by a 60-year-old participant because of age?
Answers
Members of HSAs may make contributions up to the IRS-set annual maximum. The IRS permits those who are 55 and older to increase their annual contribution cap by $1,000.
what is HSAsA health savings account is a medical savings account that is tax-advantaged and available to American taxpayers who are enrolled in high-deductible health plans. At the time of deposit, the money added to an account is not taxed on federal income.
Deductibles, copayments, coinsurance, and other acceptable medical costs can all be covered with HSA money. Tax-free withdrawals can be made to cover qualifying medical costs. Unused HSA funds carry over from year to year so you can accumulate tax-free savings to use for future medical expenses.
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Based on the free cash flow valuation model, the value of Wrigley Co.'s operations is $1,200 million. The company's balance sheet shows the following: $80 million in accounts receivable $60 million in inventory $100 million in short-term investments that are unrelated to operations. $90 million in accounts payable $120 million in notes payable $300 million in long-term debt $50 million in preferred stock $180 million in retained earnings $800 million in total common equity. If Wrigley has 25 million shares of stock outstanding, what is the best estimate of the stock's price per share?
Answers
The best estimate of the stock's price per share is $41.5
Using this formula
Estimated stock's price per share =
[(Value of a company’s operations+$hort-term investments)-(Accounts payable+Notes payable)-Long-term debt ]/Shares of stock outstanding
Let plug in the formula
Estimated stock's price per share =[$1,200 million+$100 million)-($300 million+$120 million)-$50 million)]/ 25 million shares
Estimated stock's price per share=($1,300 million-$420 million-$50 million)/20 million shares
Estimated stock's price per share=$830 million/20 million shares
Estimated stock's price per share=$41.5
Therefore The best estimate of the stock's price per share is $41.5
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Costs that can be influenced by management at a specific level of management are called
Oa. direct costs
Ob. noncontrollable costs
Oc. controllable costs
Od. variable costs
Answers
The controllable costs are the costs that can be influenced by management at a specific level of management.
What are controllable costs?These are the types of costs over which an organization or company have full authority.
This type of cost has to do with a companies marketing budgets and its costs of labor.
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