Answer:
The three types of production technology defined by James D. Thomson are;
1. Long-linked technology
2 Mediating technology and,
3. Intensive technology.
Explanation:
James D. Thomson proposed that different types of technology would determine the organizational strategy used by some organizations. A Mechanistic structure is an organizational structure that requires a high degree of formalized and centralized activity. An Organic organizational structure is very dynamic and programmed to easily adapt to change. Three of the technology types proposed by him include;
1. Long-linked Technology- These are jobs that require an organized sequence. Task A is completed before task B and then Task C. They require formalization and an average level of complexity. An example is mass production of goods. It is an organic structure because changes can easily occur and it would therefore require dynamism.
2.Mediating Technology- These are jobs that unite the two different aspects of an organization, namely, the input and output units. They require low complexity and high formalization. An example is in the banking industry where peoples input and output are simultaneously attended to. It is a mechanistic structure because it requires a very formal arrangement.
3. Intensive Technology- These are jobs that give specialized care to different types of problems. It can be found in the hospital setting. It requires high complexity and low formalization. It is a mechanistic structure because of the specialized care rendered and the high level of interdependence of the units involved .
These are selected 2022 transactions for Kingbird Corporation. Jan. 1 Purchased a copyright for $126,000. The copyright has a useful life of 6 years and a remaining legal life of 30 years. Mar. 1 Purchased a patent with an estimated useful life of 4 years and a legal life of 20 years for $56,400. Sept. 1 Purchased a small company and recorded goodwill of $150,000. Its useful life is indefinite. Prepare all adjusting entries at December 31 to record amortization required by the events.
Answer:
Dec. 31
Dr Amortization Expense $21,000
Cr Copyright $21,000
Dec. 31
Dr Amortization Expense $11,750
Cr Patent $11,750
Dec. 31
No entry
Explanation:
Preparation of all adjusting entries at December 31 to record amortization required by the events.
Dec. 31
Dr Amortization Expense $21,000
Cr Copyright $21,000
($126,000/6)
(To record amortization of copyright)
Dec. 31
Dr Amortization Expense $11,750
Cr Patent $11,750
(To record amortization of patent)
Dec. 31
No entry
(To record amortization of goodwill)
Calculation for 2020 amortization
First step is to calculate the Annual amortization
Annual amortization = $56,400/4
Annual amortization= $14,100
Now let calculate 2020 amortization
2020 amortization = $14,100 x 10/12
2020 amortization= $11,750
anyone mind helping me by checking if it’s right and correct them? thank you so much!
Consider the following T-account for cash.
1. Compute the balance of the cash account.
2. Specify which of the following cash transactions would have resulted in the $4,000 posting to the account. (You may select more
than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the
box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded
as incorrect.)
Receiving cash from customers
3. Specify which of the following cash transactions would have resulted in the $1,700 posting to the account. (You may select more
than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the
box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded
as incorrect.)
no random answers please ty
a) The computed cash account debit balance based on the T-account is $5,100.
b) The cash transactions that would have resulted in the $4,000 posting to the cash account include:
Receiving cash from customersIssuing stock (for cash)Borrowing moneySelling assets (for cash).c) The cash transactions that would have resulted in the $1,700 posting to the cash account include:
Paying cash for suppliesPaying cash for utilitiesPaying cash for rentPaying cash for equipmentPaying cash for employees salariesPaying cash for dividends.What transactions are posted to the cash account?Only cash transactions are posted to the cash account.
The transactions include receipt of cash (debited) and payment of cash (credited).
T-accounts are general ledger accounts in the form of the letter T showing the debit and credit sides.
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Which of the following would most likely characterize a nation with a low degree of economic freedom?A) low government interventionB) protected property rightsC) strict trade policiesD) low tariffs
Low economic freedom would presumably be shown by the low tariffs in a country.
What level of economic freedom is there?An estimate of economic freedom compares different jurisdictions based on factors like trade openness, tax load, judicial efficacy, and more. These elements could be combined into a single number that facilitates ranking by weighting them in accordance with their impact on economic freedom.
What results in less economic liberty?Governments restrict economic freedom when they replace personal decision, voluntary exchange, and marketplace coordination with taxes, government spending, and restrictions. Economic freedom is also reduced by restrictions on admission into vocations and commercial activities.
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ACC 303 Where do the rules come from? Who impact accounting
Answer:
Financial Accounting Standards Board (FASB)Governmental Accounting Standards Board (GASB)International Accounting Standards Board (IASB)Explanation:
There are two main accounting standards in the world and these are: the International Financial Reporting Standards (IFRS) and U.S. Generally Accepted Accounting Principles (U.S. GAAP). IFRS is used by most countries in the world and U.S. GAAP is used by American companies mostly.
U.S. GAAP is developed by the FASB and the GASB together so that both private and government companies are able to use the standards. IFRS is released by the IASB to ensure uniformity in account reporting across the world. It is worthy of note that both standards are trying to converge and so in the not too distant future, there may just be one standard followed.
A group of students is studying for an economics quiz about economic cycles and how the government manages in an economy. In a market economy, strategies that change spending or taxes in order to influence economic conditions are known as:
O fiscal policy.
O equity promotion.
O monetary policy.
O economic stimulus.
Answer:
A market economy is an economic system in which the production and distribution of goods and services are determined by the forces of supply and demand. In a market economy, the government can use various strategies to influence economic conditions, including fiscal policy and monetary policy.
Fiscal policy refers to the government's use of spending and taxation to influence the level of economic activity and manage the economy. This can include measures such as increasing government spending, reducing taxes, or a combination of both.
Monetary policy refers to the actions taken by a central bank, such as the Federal Reserve in the United States, to manage the supply and demand of money and credit in the economy. This can include measures such as adjusting interest rates or the amount of money in circulation.
The options "equity promotion" and "economic stimulus" are not typically used to describe government strategies to influence economic conditions in a market economy.
Answer:
A fiscal policy.
Explanation:
Fiscal policy deals with the government's taxation and spending policies and is the principal tool used by the government to influence aggregate demand and achieve macroeconomic policy objectives such as high employment, price stability, and economic growth.
Which of the following survey response methods is the most difficult for researchers to code for evaluation:
Answer:
No options are given, but the most commonly used survey response methods are:
Multiple choice questions = generally easy to codeRating scale questions = also easy to code, since response scales have a finite number of choices, e.g. 2 true/false, 3 agree/disagree/undecided, 5 very bad/bad/fair/good/excellent Matrix questions. = are a little bit more complex since they involve several rating scale questions, but it is not something difficult eitherDropdown questions. = similar to multiple choice questionsOpen-ended questions. = this are hard to code since each subject can respond different things, e.g. the thing that I like the most about this project is bla, bla, bla. There are no pre-set answers given to the subjects. THIS TYPE IS THE MOST DIFFICULT TO CODE.Demographic questions = similar to multiple choiceRanking questions = similar to scaled questionsHow are marketers using spam text messages to their advantage?
Marketers use spam text messages to their advantage : as a way to reach a large amount of potential customers quickly and inexpensively.
Who is a marketers?A marketer can be defined as the person that help to create awareness about a company product or brand so as to increase sales thereby leading to more income or profit for the company.
Although , sending out unsolicited text messages can be illegal in some countries based on this it is important for marketers to obtain prior consent from individuals before sending them text messages and to provide an easy way for people to opt out of receiving further messages.
Therefore spam text messages is a way to reach a large amount of potential customers quickly and inexpensively.
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During April , Cavy Company incurred factory overhead as follows : Indirect materials $11,300 Factory supervision labor 4,000 Utilities 460 Depreciation (factory )660 Small tools 330 Equipment rental 790 Journalize the entry to record the factory overhead incurred during AprilIf an amount box does not require an entry, leave it blank
Answer:
Date Account Title Debit CreditApril Factory Overhead $16,720 Indirect materials $10,500 Wages payable $4,000 Utilities payable $ 500 Accumulated Depreciation $ 620 Small tools $ 370 Equipment rental $ 730
give two examples of graphs and two examples of charts.
Answer:
A Bar Chart. A PIE CHART. LINE CHART. Area Chart. Dot Plot. A Pictogram. Radar Chart.Explanation:
Answer:
Types of Graphs and Charts
Bar Chart/Graph.Pie Chart.Line Graph or Chart.Histogram Chart.Area Chart.Dot Graph or Plot.Scatter Plot.Bubble Chart.In 2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed.
(a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $
(b) Assume the same facts as those assumed for part (a), except that the 60 bonds were issued on September 1, 2020 (rather than in 2019), and none have been converted or redeemed. Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $
(c) Assume the same facts as assumed for part (a), except that 20 of the 60 bonds were actually converted on July 1, 2020. Compute diluted earnings per share for 2020
2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed.
2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed. (a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $
2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed. (a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $ (b) Assume the same facts as those assumed for part (a), except that the 60 bonds were issued on September 1, 2020 (rather than in 2019), and none have been converted or redeemed. Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $
2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed. (a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $ (b) Assume the same facts as those assumed for part (a), except that the 60 bonds were issued on September 1, 2020 (rather than in 2019), and none have been converted or redeemed. Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $ (c) Assume the same facts as assumed for part (a), except that 20 of the 60 bonds were actually converted on July 1, 2020. Compute diluted earnings per share for 2020
2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed. (a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $ (b) Assume the same facts as those assumed for part (a), except that the 60 bonds were issued on September 1, 2020 (rather than in 2019), and none have been converted or redeemed. Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $ (c) Assume the same facts as assumed for part (a), except that 20 of the 60 bonds were actually converted on July 1, 2020. Compute diluted earnings per share for 2020
What does POS stand for in retail?
Answer:
point of sale
Explanation:
Answer: point-of-sale
Explanation: POS stands for point-of-sale in retail.
There are two techniques of egg production: free range (where hens roam around the farm) or factory (where hens are fed and watered in wire cages). The free range technique has a much more elastic supply curve than the factory technique. When the demand for eggs falls:________.
a. egg production falls by a smaller percentage in the factory technique than in the free range technique.
b. egg production falls by a larger percentage in the factory technique than in the free range technique.
c. the production using both techniques falls by the same percentage.
d. the factory egg producers supply curve shifts inward.
e. the free range egg producers supply curve shifts inward.
Answer:
a. egg production falls by a smaller percentage in the factory technique than in the free range technique.
Explanation:
Elasticity of supply is defined as the degree of responsiveness of supply to changes in price. Highly elastic supply responds more to change in price than low elastic supply.
In the given scenario where eggs are produced using factory and free range techniques, as demand falls price consumers are willing to pay also falls.
Since factory technique has a lower elasticity of supply, the fall in supply as a result of fall in price will be small.
However the fall in supply of free range will be higher because of its higher elasticity
A company acquired an asset for $1,200,000 on January 1 of the current year. The asset is depreciated for financial reporting purposes over four years on a straight-line basis (no residual value). For tax purposes, the asset’s cost is depreciated by MACRS. The enacted tax rate is 19%. Amounts for pretax accounting income, depreciation, and taxable income in the four years are as follows:
Year
1 2 3 4
Pretax accounting income $3,700,000 $4,100,000 $4,400,000 $4,900,000
Depreciation on the income statement 300,000 300,000 300,000 300,000
Depreciation on the tax return (399,960) (533,400) (177,720) (88,920)
Taxable income $3,600,040 $3,866,600 $4,522,280 $5,111,080
Required:
For December 31 of each year, determine (a) the cumulative temporary book-tax difference for the depreciable asset and (b) the balance to be reported in the deferred tax liability account.
Note: Each cell requires a formula, even if the result is $0.
The cumulative temporary book-tax difference for the depreciable asset is $772,440 and the balance to be reported in the deferred tax liability account $41,801.52
Calculation of (a) the cumulative temporary book-tax difference for the depreciable asset:
Year 1:
Temporary difference = $300,000 – ($399,960 / 5) = $220,008
Cumulative temporary difference = $220,008
Year 2:
Cumulative temporary difference = $220,008 + $6,360 = $226,368
Year 3:
Cumulative temporary difference = $226,368 + $264,456 = $490,824
Year 4:
Temporary difference = $300,000 – ($88,920 / 5) = $281,616
Cumulative temporary difference = $490,824 + $281,616 = $772,440
Then, (b) the balance to be reported in the deferred tax liability account:
Year 1:
Deferred tax liability = $220,008 x 19% = $41,801.52
Year 2:
Deferred tax liability = $6,360 x 19% = $1,208.40
Year 3:
Deferred tax asset = ($264,456) x 19% = ($50,246.64)
Year 4:
Deferred tax asset = ($281,616) x 19% = ($53,507.04)
Therefore, the balance to be reported in the deferred tax liability account is:
Year 1: $41,801.52
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Thomas’ family also runs a gourmet food store that sells two main products: Premium Caviar and Goose Foie Gras. They import the Premium Caviar from Russia, and purchase Goose Foie Gras from Upstate New York. The two products are sold in boxes. Thomas gathers the following information:
Premium Caviar Goose Foie Gras Totals
Units 4,000 12,000 16,000
Revenue $100,000 $180,000 $280,000
Variable costs 56,000 105,000 161,000
Fixed costs 20,000 40,000 60,000
Profit $ 24,000 $ 35,000 $ 59,000
Selling price per unit $25.00 $15.00
Contribution margin per unit $11.00 $6.25
Profit margin per unit $6.00 $2.92
When Thomas took accounting courses at college, he knows how to do cost-volume-profit analysis pretty well. However, he just remembers how to do the analysis for those companies with only one product. Therefore, he needs your help to calculate the following:
a. What is the business’ weighted-average contribution margin per unit? (show your computation)
b. Calculate the business’ break-even point in units assuming the current sales mix. (show your computation)
c. What will be the number of Premium Caviar and Goose Foie Gras boxes at the break-even level of sales? (show your computation)
d. What is the business’ weighted average contribution margin ratio? (show your computation)
e. What level of sales (in dollars) will be needed to earn a profit of $64,950 assuming the current sales mix? (show your computation)
f. What will be the sales (in dollars) of Premium Caviar and Goose Foie Gras boxes for the business’ total sales calculated in Part e? (show your computation)
Ratio of the weighted average contribution margin will be 0.50, or 50%.
How is the weighted-average contribution calculated?To get the weighted-average contribution margin per unit, the sales mix must be known (the proportion of total sales for each product). Let's assume that the sales ratio for Premium Caviar & Goose Foie Gras is 50:50, which means that Premium Caviar makes up half of overall sales and Goose Foie Gras makes up the other half.
In order to compute the weighted-average contribution margin per unit, the contribution margin per unit for every product (Premium Caviar & Goose Foie Gras) must first be determined. Compute the contribution margin by deducting the variable cost per unit from of the selling price per unit.
Let's proceed with the supposition that:
Premium Caviar:
Selling price (per unit): $50
Variable cost (per unit): $25
Contribution margin (per unit): $50 - $25 = $25
Goose Foie Gras:
Selling price (per unit): $30
Variable cost (per unit): $15
Contribution margin (per unit): $30 - $15 = $15
To calculate the weighted-average contribution margin per unit, the contribution margin per unit for each product is multiplied by the proportion of sales for that product.
Weighted-average contribution margin (per unit) = (Premium Caviar's contribution margin per unit x percentage of premium caviar sales) + (Margin of contribution per serving of goose foie gras x the percentage of sales of goose foie gras)
= ($25 x 0.50) + ($15 x 0.50) = $20
The total fixed costs of the company must be known in order to determine the break-even point in units. Assume that the $100,000 total fixed expenses.
The following formula is used to compute the break-even point in units:
Break-even point (units) = Total fixed costs / Contribution margin (per unit)
= \(\frac{100,000}{2}\) = 5000 units
To figure out how many boxes of Premium Caviar and Goose Foie Gras are required to achieve break-even sales, we must first establish the sales mix. The sales mix we assumed earlier (50:50) can be multiplied by the break-even point in units to produce the following result:
Premium Caviar boxes = (Break-even point (units) x Proportion of sales)
= (5000 x 0.50) = 2500 boxes
Goose Foie Gras boxes = (Break-even point (units) x Proportion of sales)
= (5000 x 0.50) = 2500 boxes
The weighted average contribution margin per unit must be divided by the weighted average selling price per unit in order to obtain the weighted average contribution margin ratio.
Weighted-average selling price per unit = (Cost per unit of sale for premium caviar x percentage of premium caviar sales) + (Price per unit of goose foie gras for sale x the percentage of sales of goose foie gras)
= ($50 x 0.50) + ($30 x 0.50) = $40
Weighted-average contribution margin ratio = Weighted-average contribution margin (per unit) / Weighted-average selling price (per unit)
= \(\frac{20}{40}\) = 0.50 or 50%.
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What is the main advantage of being a productive worker?
OA. You can create a lot of products or services quickly.
OB. You are able to work in a field with a high market value.
O C. You are given access to the benefits of worker organizations.
OD. You do not have to follow restrictive regulations.
SUBM
Answer:
There are many advantages of being a productive worker. The first advantage is that you can earn more money. You will be able to earn more money if you are a productive worker because you will have the opportunity to work with companies that pay higher salaries. The second advantage is that it gives you the opportunity to have a better lifestyle, for example, having an apartment or house and buying things for yourself and your family. The third advantage is that it gives you the opportunity to do things on your own time without being punished by your boss or company for not showing up at work on time.
Explanation:
There was an agreement that employees will get extra payment for overtime but the management fails to implement the agreement which principle is violated?
Answer:
I think it's management or implement I will choose management if I were you
Assuming infinite replication and a cost of capital of 12 percent. determine the net present value of this project using the Equivalent Annual Annuity approach.
Year Cashflowin$
o (5000)
1 2000
2 1600
3 1400
4 1200
5 1000
a. 1066
b.1450
c.896
d.1250
e.740
The net present value of the project using the equivalent annual annuity (EAA) approach is $1,449.51 Option B. 1450.
The equivalent annual annuity (EAA) method is a method of calculating the present value (PV) of future cash flows. It is typically utilized in capital budgeting to assess and compare potential projects. A project's EAA is its annual cash flow that, if taken every year for a given number of years, has the same present value as the project's costs and benefits. The formula for equivalent annual annuity (EAA) is given by:
EAA = PV*(r/1 - (1+r)-n)
where,
PV is the present value of the investment,
r is the discount rate, and
n is the life of the investment.
In order to calculate the net present value (NPV) of the project using the EAA method, the following steps can be followed:
Step 1: Compute the present value of all cash flows:
PV = (2000/(1+.12)¹) + (1600/(1+.12)²) + (1400/(1+.12)³) + (1200/(1+.12)⁴) + (10000/(1+.12)⁵) - 5000PV = $3,596.96
Step 2: Determine the EAA:
EAA = $3,596.96*(.12/1 - (1+.12)-5)
EAA = $1,449.51
Therefore, the net present value of the project using the equivalent annual annuity (EAA) approach is $1,449.51, which is the amount of annual cash flow that the project would need to generate over its life to provide a rate of return of 12 percent and recover the initial investment cost over its lifetime. Option (b) is the correct answer.
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If a website is designed with responsive design concepts, then
If a website is designed with responsive design concepts, then it appears correctly on any device regardless of screen size.
A well-designed website will be easy to use and navigate, with clear and consistent branding throughout. It will also have a strong visual identity, with carefully selected imagery and typography that reinforces the overall message.
The individual design concepts on each page need to work together to create a cohesive whole. The layout should be easy to follow, with a clear hierarchy of information.
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Is paying for health insurance more than your medical expenses?
Answer:
yes i think
Explanation:
Answer:
Yes
Explanation:
TRUE OR FALSE : Because of their easy-to-understand visual format, tracking Gantt charts are the most favored, used, and understandable option for reporting project status.
True: Gantt charts are the most popular, widely utilized, and easily understood method for reporting project status due to their clear visual structure.
One of the most common and effective methods of displaying activities (tasks or events) displayed against time is a Gantt chart, which is frequently used in project management.
A list of the activities is located on the chart's left side, and a suitable time scale is located along the top.
A bar is used to symbolise each activity, and the position and length of the bar correspond to the activity's beginning, middle, and finish dates. This enables you to quickly see.
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Inflation imposes many costs on the economy: shoe-leather costs, money illusion, menu costs, wealth redistribution, price confusion, future price level uncertainty, and tax distortions. For each of the following statements, determine the associated cost. Be careful! Some of the statements may not go into any of the categories because two categories are missing.
a. A jeweler observes the price of gold rise and wonders if there is a shortage of gold.
b. Carson is angry because the price of donuts increased from $1 to $2 since last week
c. Your grandmother's savings account pays 2% interest, but inflation is 5%.
d. The CEO of GM worries that his revenue received in the future won't cover the expenses he incurs today.
e. Jim is reluctant to sell his stocks at the end of the year.
f. John thinks his new salary in NYC will increase his standard of living
g. Kallie is taking more trips to ATM now that the post.
Answer:
a. A jeweler observes the price of gold rise and wonders if there is a shortage of gold.
Costs imposes by Inflation: Price confusion
b. Carson is angry because the price of donuts increased from $1 to $2 since last week
Costs imposes by Inflation: Menu costs
c. Your grandmother's savings account pays 2% interest, but inflation is 5%.
Costs imposes by Inflation: Wealth redistribution
d. The CEO of GM worries that his revenue received in the future won't cover the expenses he incurs today.
Costs imposes by Inflation: Not associated with listed cost
e. Jim is reluctant to sell his stocks at the end of the year.
Costs imposes by Inflation: Not associated with listed cost
f. John thinks his new salary in NYC will increase his standard of living
Costs imposes by Inflation: Money illusion
g. Kallie is taking more trips to ATM now that the post.
Costs imposes by Inflation: Shoe-leather costs
The given statements would be correctly matched with their inflation costs associated would be as follows:
a). A jeweler observes the price of the gold rise and wonders if there is a shortage of gold. - Price confusion
b). Carson is angry because the price of donuts increased from $1 to $2 since last week. - Menu costs
c). Your grandmother's savings account pays 2% interest, but inflation is 5%. - Wealth redistribution
d). The CEO of GM worries that his revenue received in the future won't cover the expenses he incurs today. - Not associated with the costs listed.
e). Jim is reluctant to sell his stocks at the end of the year. - Not associated with the costs listed.
f). John thinks his new salary in NYC will increase his standard of living - Money illusion
g). Kallie is taking more trips to ATM now that the post. - Shoe-leather costs
Inflation Costs
The various costs imposed by inflation include:
Shoe-leather costsMenu costs.Redistribution of wealth.Money IllusionLoss of purchasing power.Shoe-leather costs are characterized as the cost that one pays through his/her additional time and effort for the same task due to inflation.
While menu costs are associated with the cost born by the firm due to the alteration of the price of the product for the consumers.
Wealth redistribution stands for the transfer of money or wealth possessions from one to another is exemplified through Granny's savings.
Money Illusion is the term that displays the biased tendency of people considering the value in its nominal form instead of the real which makes them think a higher pay scale in a foreign country would increase their lifestyle.
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A chart of accounts
A is setup in alphabetical order
B includes account balances
C is a listing of all accounts used by a company
D all the above
Answer:
I think the answer is D) all the above.
A successful data-driven market segmentation program depends on each of the following except:
a.
the rejection of tradiitional marketing research techniques
b.
the use of transactional and event data
c.
a common definition of market segments across all areas of the business
d.
developing a centralized and accessible CRM (Customer Relationship Management) database
A successful data-driven market segmentation program depends on the "use of transactional and event data", "a common definition of market segments", "and the development of a centralized CRM database" but it does not depend on "the rejection of tradiitional marketing research techniques".
The correct option to the given question is option a.
Traditional marketing research techniques, such as surveys, focus groups, and interviews, have long been used to gather insights about consumer behavior and preferences. While these techniques may have limitations, they still play a valuable role in understanding customer motivations and attitudes. Data-driven market segmentation programs can benefit from a combination of both traditional and data-driven research approaches. The use of transactional and event data is crucial for a data-driven market segmentation program. This type of data provides valuable information about customer behaviors, purchase patterns, and interactions with the business.
Having a common definition of market segments across all areas of the business ensures consistency and alignment in marketing efforts. This allows for targeted and personalized messaging that resonates with each segment. It also facilitates coordination between different departments, such as marketing, sales, and customer service, leading to a more cohesive and effective customer experience.
Finally, developing a centralized and accessible CRM database is essential for managing and analyzing customer data. It enables the integration of data from various sources, such as transactions, interactions, and demographic information, into a single platform. This centralized database provides a comprehensive view of customers, enabling more accurate segmentation and personalized marketing initiatives.
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Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 24,000 shares of cumulative preferred 4% stock, $140 par, and 80,000 shares of $10 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $90,000; second year, $188,800; third year, $227,360; fourth year, $243,200.
Required:
Compute the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places.
1st Year 2nd Year 3rd Year 4th Year
Preferred stock (dividend per share) $ $ $ $
Common stock (dividend per share) $ $ $ $
Answer:
year 1:
preferred stock dividends = 24,000 x 140 x 4% = $134,400, but only $90,000 were distributed ($44,400 to be distributed next year). Dividends per preferred stock share = $90,000 / 24,000 = $3.75
common stocks dividends = no common stock dividends distributed
year 2:
preferred stock dividends = $134,400 for the current year and $44,400 form last year = $178,800. Dividends per preferred stock share = $174,800 / 24,000 = $7.45
common stocks dividends = ($188,800 - $178,800) / 80,000 common stocks = $0.125 per common stock
year 3:
preferred stock dividends = $134,400 / 24,000 = $5.60 per preferred stock.
common stocks dividends = ($227,360 - $134,400) / 80,000 = $1.162 per common stock
year 4:
preferred stock dividends = $134,400 / 24,000 = $5.60 per preferred stock.
common stocks dividends = ($243,200 - $134,400) / 80,000 = $1.36 pe common stock
Martin Distributors has the following transactions related to notes receivable during the last two months of the year.
Dec. 1 Loaned $16,000 cash to E. Kinder on a 1-year, 6% note.
16 Sold goods to J. Jones, receiving a $4,800, 60-day, 7% note.
31 Accrued interest revenue on all notes receivable.
Instructions:
Journalize the transactions for Trent Distributors.
Answer:
Dec. 1
Note Receivable : E. Kinder $16,000 (debit)
Cash $16,000 (credit)
Dec. 16
Note Receivable : J. Jones $4,800 (debit)
Sales $4,800 (credit)
Dec. 31
Note Receivable : E. Kinder $80 (debit)
Note Receivable : J. Jones $168 (debit)
Interest Income $248 (credit)
Explanation:
Interest accruing on E. Kinder`s Note Receivable = $16,000 × 6 % × 1/12 = $80.
Interest accruing on J. Jones`s Note Receivable = $4,800 × 7 % × 30/60= $168.
Which of the following should be followed when writing a bad new statement.
The guideline that should be followed while writing a bad-news statement is option B. A bad-news statement should not subordinate the refusal.
When writing a bad-news statement, it is important to adhere to certain guidelines in order to convey the message effectively while maintaining professionalism and empathy.
Subordinating the refusal means placing the negative or disappointing news within a subordinate clause or sentence, rather than directly addressing it. This approach is often seen as evasive or unclear, as it can confuse the recipient and lead to misinterpretation or frustration. Therefore, it is recommended to state the bad news directly and explicitly.
By clearly and directly stating the bad news, you demonstrate transparency and respect for the recipient's time and emotions. It allows the recipient to comprehend the message without having to decipher subtle hints or implications. Directness also minimizes the potential for misunderstanding or confusion, ensuring that the intended message is effectively conveyed.
However, while directness is important, it is equally crucial to deliver the bad news with tact, sensitivity, and empathy. Along with the bad news, it is helpful to provide a clear explanation, justification, or alternative options to soften the impact. This approach demonstrates understanding and consideration for the recipient's feelings and fosters a more positive perception of the communication, despite the negative content.
In conclusion, when writing a bad-news statement, it is essential to avoid subordinating the refusal and instead deliver the news directly. By doing so, you promote transparency, clarity, and effective communication while balancing it with empathy and sensitivity towards the recipient. Therefore, Option B is Correct.
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The question was Incomplete, Find the full content below:
Which of the following guidelines should be followed while writing a bad-news statement?
a. A bad-news statement should be included in the opening paragraph.
b. A bad-news statement should not subordinate the refusal.
c. A bad-news statement should always be presented indirectly.
Fitz Company reports the following information.
Selected Annual Income Statement Data
Net income $373,000
Depreciation expense 45,200
Amortization expense 8,800
Gain on sale of plant assets 6,300
Selected Year-End Balance Sheet Data
Accounts receivable decrease $ 140,100
Inventory decrease 51,500
Prepaid expenses increase 6,800
Accounts payable decrease 9,700
Salaries payable increase 2,300
Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31.
Answer:
operating activities section
Net income 373,000
Adjustment for non cash items :
Depreciation expense 45,200
Amortization expense 8,800
Gain on sale of plant assets (6,300)
Adjustment for Changes in Working Capital :
Accounts receivable decrease 140,100
Inventory decrease 51,500
Prepaid expenses increase (6,800)
Accounts payable decrease (9,700)
Salaries payable increase 2,300
Net Cash Provided by Operating Activities 598,100
Explanation:
The operating activities section of its statement of cash flows for the year ended December 31 has been prepared above using indirect method.
PLEASE HELP ASAP
An engineer has designed a valve that will regulate water pressure on an automobile engine. The valve was tested on 270 engines and the mean pressure was 6.0 pounds/square inch (psi). Assume the population standard deviation is 0.6. The engineer designed the valve such that it would produce a mean pressure of 6.1 psi. It is believed that the valve does not perform to the specifications. A level of significance of 0.05 will be used. Find the P-value of the test statistic. Round your answer to four decimal places.
Since the P-value is less than the significance level, = 0.05 , we reject the null hypothesis
Decision is reject H0
What is P-Value?The P-value is a crucial metric of statistical significance utilized to measure the probability of obtaining a result equal to or more extreme than the observed one, provided that the null hypothesis is accurate.
If its value is lower than the predetermined level of significance (most commonly set at 0.05), then rejecting the null hypothesis is justified. The smaller the calculated P-value, the stronger the evidence against the null conjecture. Consequently, its ample usage in hypothesis testing has established it as an essential element in assessing the wordiness of research findings.
How to solve:
Given :
Sample size, n = 270
Sample mean,
= 6
Population standard deviation,
= 0.6
Population mean,
= 6.1
Significance level,
= 0.05
P-value : 0.0061
P-value with test statistic z= -2.74 is
Conclusion :
There is sufficient evidence to support the claim that the valve does not perform to the specifications
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Consider the following statement: “An increase in the cost of oil will cause the price of a plane ticket to increase. This increase
in price will cause a decrease in demand for airline travel and a leftward shift in the demand curve."
What is the flaw of this reasoning?
O A decrease in demand will shift the curve rightward, not leftward.
O The increase in the cost of oil will cause a decrease in the price of a plane ticket.
O The cost of oil affects supply and not demand so prices of tickets will remain the same.
O An increase in the sice of a ticket will not cause a decrease in demand, but rather a decrease in quantity demanded.
The flaw in the reasoning is an increase in the price of a ticket will not cause a decrease in demand, but rather a decrease in quantity demanded.
When is there a change in quantity demanded?
There is a change in quantity demanded when the price of a good changes. For example, if the price of plane tickets increase, there would be a decrease in quantity demanded for airplane travel.
There is a change in demand when other factors except for the price of a good change. For example, if there is a news that airplane travel increase lifespan, there would be an increase in demand for airplane travel.
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Search the library and the Internet for information pertaining to the ethical violation made by an organization, past or present, and be sure not to identify the organization. See if this incident has occurred in other organizations; give 2 examples and their outcomes. (OWN WORDS)
Legitimizations that are Substantial for the Association's Activities Business ethics issues length a great many subjects inside an association's ethical rules. Straightforward moral issues in business include empowering conduct that depends on genuineness and trust, however more complicated issues include obliging variety, humane navigation, consistence, and administration that is reliable with the association's fundamental standards.
Business ethics, typically alluded to as corporate morals, is a subset of applied morals or expert morals that resolves moral or moral issues that might come up in the work environment.
It is critical to the activities of the two individuals and whole organizations and is relevant to all features of business behavior.
People, authoritative declarations, or the overall set of laws all add genuineness to these morals.
These guidelines, goals, moral convictions, and untrustworthy conduct act as an organization' core values.
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