The degree to which the organization's strategy, goals, and culture are reflected in the job performance that the performance management system produces.
What does consistency in performance management mean?Performance management in practise refers to management's ongoing efforts to help staff members grow, set precise objectives, and provide regular feedback throughout the year.
What does performance consistency entail?A consistent person always acts in the same manner, has the same attitudes toward other people or things, or succeeds to the same degree in whatever they are doing.
Question:- _____ is the extent to which the performance management system elicits job performance that is consistent with an organization's strategy, goals, and culture.
A. Specificity
B. Reliability
C. Validity
D. Strategic congruence
E. Acceptability
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During the current year, Rothchild, Inc., purchased two assets that are described as follows:
Heavy Equipment
Purchase price, $275,000.
Expected to be used for 10 years, with a residual value at the end of that time of $50,000.
Expenditures required to recondition the equipment and prepare it for use, $75,000.
Patent
Purchase price, $75,000.
Expected to be used for five years, with no value at the end of that time.
Rothchild depreciates heavy equipment by the declining-balance method at 150 percent of the straight-line rate. It amortizes intangible assets by the straight-line method. At the end of two years, because of changes in Rothchild's core business, it sold the patent to a competitor for $35,000.
a. Compute the amount of depreciation expense on the heavy equipment for each of the first three years of the asset's life.(Omit the "$" sign in your response.)
Year 1 Year 2 Year 3
Depreciation expense $ $ $
b. Compute the amount of amortization on the patent for each of the two years it was owned by Rothchild.(Omit the "$" sign in your response.)
Year 1 Year 2
Amount of amortization $ $
c-1. Prepare the plant and intangible assets section of Rothchild's balance sheet at the end of the first and second years.(Amounts to be deducted should be indicated with a minus sign. Omit the "$" sign in your response.)
Year 1
Accumulated amortization Equipment Accumulated depreciation Purchase price Patent $
Equipment Patent Less: Accumulated depreciation Accumulated amortization Add: Accumulated depreciation $
Equipment Patent Accumulated amortization Purchase price Accumulated depreciation
Total plant and intangible assets $
Year 2
Accumulated depreciation Accumulated amortization Equipment Purchase price Patent $
Accumulated amortization Patent Add: Accumulated depreciation Equipment Less: Accumulated depreciation
Total plant assets $
c-2. Calculate the amount of the gain or loss on the patent that would be included in the second year's income statement.(Input the amount as positive values. Omit the "$" sign in your response.)
Gain Losson sale by $
Answer:
Rothschild, Inc.
a. Depreciation expense on the Heavy Equipment for first three years:
Depreciation expense:
Year 1 105,000
Year 2 73,500
Year 3 51,450
b. Amortization on the patent for each of the two years:
Year 1 = 15,000
Year 2 = 15,000
c. Rothschild's Balance Sheet at the end of the first and second years:
Year 1
Equipment $350,000
less accumulated depreciation 105,000 $245,000
Patent $75,000
less accumulated amortization 15,000 $60,000
Total plant and intangible assets $305,000
Year 2
Equipment $350,000
less accumulated depreciation 178,500 $171,500
Patent $75,000
less accumulated amortization 30,000 $45,000
Total plant and intangible assets $216,500
c.2. Loss from sale of patent = 10,000
Explanation:
a) Data and Calculations:
Heavy Equipment Patent
Purchase price $275,000 $75,000
Expenditures to recondition for use 75,000 0
Residual value at end of lifetime (50,000) 0
Depreciable amount $300,000 $75,000
Estimated useful life 10 years 5 years
Depreciation methods Declining-bal. Straight-line
Annual depreciation of patent $15,000 ($75,000/5)
Depreciation rate 30% 20% (100%/5)
Sales proceeds at end of year 2 $35,000
a. Depreciation expense on the Heavy Equipment for first three years:
Depreciation expense:
Year 1 $105,000 ($350,000 * 30%)
Year 2 $73,500 ($245,000 * 30%)
Year 3 $51,450 ($171,500 * 30%)
b. Amortization on the patent for each of the two years:
Year 1 = $15,000
Year 2 = $15,000
c. Rothschild's Balance Sheet at the end of the first and second years:
Year 1
Equipment $350,000
less accumulated depreciation 105,000 $245,000
Patent $75,000
less accumulated amortization 15,000 $60,000
Total plant and intangible assets $305,000
Year 2
Equipment $350,000
less accumulated depreciation 178,500 $171,500
Patent $75,000
less accumulated amortization 30,000 $45,000
Total plant and intangible assets $216,500
c.2. Loss from sale of patent = $10,000 ($45,000 - $35,000)
If the amount of gasoline purchased per car at a large service station has a population of $15 and a population standard deviation of$4 then 99.73% of all cars will purchase between $3 and $27
The range between $3 and $27 is three standard deviations away from the mean.
Since we know that 99.73% of the data falls within three standard deviations of the mean, we can estimate that 99.73% of all cars will purchase gasoline between $3 and $27.
According to the given information, the population mean is $15, and the population standard deviation is $4.
This means that 99.73% of all cars will purchase gasoline within three standard deviations of the mean, using the empirical rule.
Therefore, we can use the empirical rule to estimate the percentage of cars that will purchase gasoline between $3 and $27.
The empirical rule is also known as the 68-95-99.7 rule, which states that:Approximately 68% of the data falls within one standard deviation of the meanApproximately 95% of the data falls within two standard deviations of the meanApproximately 99.7% of the data falls within three standard deviations of the mean.
To find the number of standard deviations that correspond to $3 and $27, we need to calculate the z-scores.
The z-score formula is given as:z = (x - μ) / σwhere z is the standard score, x is the value of the variable, μ is the population mean, and σ is the population standard deviation.
To find the z-score for $3, we plug in the values:z = (3 - 15) / 4z = -3To find the z-score for $27, we plug in the values:z = (27 - 15) / 4z = 3.
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Which of the following sections of a business plan comes first but should be written last?
A. Goals and Strategy
B. Executive Summary
C. Products and Services
D. Funding Request
Please select the best answer from the choices provided
A
B.
С
D
Answer:
B. Executive Summary
Explanation:
Executive Summary is a business plan which comes first and should be written last
Answer:
B, Executive Summary.
Explanation:
Hope this helped!
Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
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In The New Rules, which social media channel is described as “a primary source of newsjacking ideas and a powerful channel to get your message out to the media in real time?”
D. Twiter- is said to as a major source of newsjacking ideas and a potent way to communicate with the media in real time in the new rules.
Hence, option D. is the right choice.
Why would you utilise newsjacking?Through the use of "newsjacking," you may present your company and your spokesperson (or spokespersons) as an authority on a certain subject. Since it generates instant coverage, this is crucial for a brand in the near term.
Is newsjacking morally correct?Only if you adhere to these three key rules can newsjacking be considered ethical. For your client's target audience and them, the newsjacked tale makes sense. For your media contact, your proposition offers real value.
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The complete question is-
In The New Rules, which social media channel is described as "a primary source of newsjacking ideas and a powerful channel to get your message out to the media in real time?"
A. Facebk
B. Instagrm
C. Snpchat
D. Twittr
On January 1, 2018, Sanderson, Inc. acquired a machine for $1,110,000. The estimated useful life of the asset is five years. Residual value at the end of five years is estimated to be $91,000. What is the book value of the machine at the end of 2019 if the company uses the straight-line method of depreciation? Group of answer choices $666,000 $702,400 $611,400 $665,996
Answer:
$702,400
Explanation:
Calculation for the book value of the machine at the end of 2019
First step is to calculate the Depreciation using the straight-line method
Using this formula
Depreciation= (Cost - Residual value) / Useful life
Let plug in the formula
Depreciation = ($1,110,000 - $91,000) / 5
Depreciation= $203,800
Last step is to calculate Book value
Machine Book value = $1,110,000 - $203,800 - $203,800
Machine Book value = $702,400
Therefore the the book value of the machine at the end of 2019 will be $702,400
Using activity-based costing to make decisions
Dino Dog Collars uses activity-based costing. Dino's system has the following features:
Predetermined Overhead
Activity
Allocation Base
Allocation Rate
Purchasing Number of purchase orders $ 65.00 per purchase order
Assembling Number of parts
0.36 per part
Packaging Number of finished collars
0.25 per collar
Each collar has four parts, direct materials cost is $9.00 per collar, and direct labor cost
is $4.00 per collar. Suppose Animal Hut has asked for a bid on 25,000 dog collars. Dino
will issue a total of 150 purchase orders if Animal Hut accepts Dino's bid.
Requirements
1. Compute the total estimated cost Dino will incur to purchase the needed materials
and then assemble and package 25,000 dog collars. Also compute the cost per collar.
2. For bidding, Dino adds a 40% markup to total cost. What total price will the
company bid for the entire Animal Hut order?
3. Suppose that instead of an ABC system, Dino has a traditional product costing
system that allocates indirect costs at the rate of $9.60 per direct labor hour. The dog
collar order will require 12,000 direct labor hours. What total price will Dino bid using
this system's total cost?
4. Use your answers to Requirements 2 and 3 to explain how ABC can help Dino
make a better decision about the bid price it will offer Animal Hut.
Dino Dog Collars calculates the cost of producing 25,000 dog collars using activity-based costing. The total estimated cost, cost per collar, and bid price are calculated with a 40% markup.
What is the importance of ABC to management decision making?ABC is an accounting methodology that assigns indirect costs to products or services based on the activities that generate those costs. Unlike traditional costing methods, which allocate indirect costs based on a single cost driver, ABC allocates costs based on multiple cost drivers, providing a more accurate picture of a product's or service's true cost. ABC's value to management decision making stems from its ability to provide more accurate and relevant cost information. Managers can use ABC to determine which activities are causing costs, where inefficiencies exist, and how to optimise processes to reduce costs and increase profitability. ABC assists managers in making informed pricing decisions by providing a better understanding of the true cost of products and services.
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In 2020, Bertha Jarow had a $28,000 loss from the sale of a personal residence. She also purchased from an individual inventor for $7,000 (and resold in two months for $18,000) a patent on a rubber bonding process. The patent had not yet been reduced to practice. Bertha purchased the patent as an investment. In addition, she had the following capital gains and losses from stock transactions:
Long-term capital loss ($6,000)
Long-term capital loss carryover from 2019 (12,000)
Short-term capital gain 21,000
Short-term capital loss (7,000)
Required:
What is Bertha's net capital gain or loss?
Answer:
Bertha has a net long-term capital loss of $ 7,000. Bertha has a net short-term capital gain of $ 14,000 As a result, Bertha has an overall net short-term capital gain of $ 7,000.
Explanation:
Bertha Jarrow had a $28,000 loss from the sale of a personal residence. She also purchased from an individual inventor for $7,000 (and resold in two months for $18,000) a patent on a rubber bonding process. The patent had not yet been reduced to practice. Bertha purchased the patent as an investment. In addition, she had the following capital gains and losses from stock transactions: Long-term capital loss carryover from 2018 ($6,000) (12,000) 21,000 (7,000) Short-term capital gain Short-term capital loss a. What is Bertha's net capital gain or loss? Bertha has a net long-term capital loss of $ 7,000. Bertha has a net short-term capital gain of $ 14,000 As a result, Bertha has an overall net short-term capital gain of $ 7,000.
b. Complete the letter to Bertha, explaining the tax treatment of the sale of her personal residence. Assume Bertha's income from other sources puts her in the 24% bracket. Nellen, Young, Raabe, & Maloney, CPAs 5191 Natorp Boulevard Mason, OH 45040 March 17, 2020, Ms. Bertha Jarow 120 West Street Ashland, OR 97520 Dear Ms. Jarow: This letter is in response to your request for an explanation of the tax treatment of the sale of your residence. As you know, the residence was sold for less than your cost. Thus, you had a $ loss on the residence sale. Because the home was a personal use asset, tax law does not allow that loss to be deducted on your tax return. Thank you for the opportunity to be of service. Please telephone me if you have additional questions.
Case: A manufacturing company was experiencing a high rate of defects in their production process, resulting in increased costs and decreased customer satisfaction
A manufacturing company was experiencing a high rate of defects in their production process, resulting in increased costs and decreased customer satisfaction and various steps can be taken to address this problem.
Multiple actions can be taken by a manufacturing company to address the problem of a high rate of defects in their production process. By looking at production records, performing quality control and speaking with employees, they should be able to determine what caused the defects in the first place.
A strategy for resolving the issue should be created once the root cause has been located. The production process may need to be altered, new technology or equipment may need to be purchased or employee training may need to be improved. In order to assess the plan's success in lowering the rate of defects, it should be put into action and monitored.
Continuous improvement should be a priority for the business and this can be done by conducting regular audits, getting input from staff and customers and investing in development. These actions will enable the manufacturing company to lower costs and boost customer satisfaction.
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In most systems for reducing pollution using an effluent fee, the government is directly involved as a fee collector. For example, at one point in time the Italian government decided to implement an effluent fee system aimed at reducing secondhand smoke in restaurants, however, it put the restaurants at the center of enforcement efforts. If a customer lights up a cigarette in a smoke-free zone in a restaurant in Italy, its managers were legally bound to charge the violator a fine as part of the bill and to transmit the amount of the fine to the government. Many restaurant owners refused to participate in the government's program. Some worried about losing customers they penalize. Others simply did not want to go to the trouble to collect the government's fees without receiving compensation for the tax-collecting expenses they would incur. Consequently, the Italian government's effluent-fee system has seemingly failed to reduce secondhand smoke in restaurants. For Critical Analysis: How might the Italian government redesign its effluent-fee system so that it more effectively cuts down on the spillover costs incurred by nonsmoking patrons of restaurants
The Italian government can increase the efficiency of its effluent system by becoming creating a law that makes it illegal to smoke in smoke-free zones.
What is an Effluent?This refers to wastes that are secreted or released into the air, water, or underground channels.
Examples of effluents are:
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Concord Company sells merchandise on account for $5700 to Ivanhoe Company with credit terms of 2/10, n/30. Ivanhoe Company returns $1000 of merchandise that was damaged, along with a
check to settle the account within the discount period. What is the amount of the check?
$4700
$4606
$5586
$5606
Answer:
The right solution is Option b ($4606 ).
Explanation:
The given values are:
Company sells merchandise,
= $5700
Company returns,
= $1000
Now,
The amount of the check will be:
= \((5700-1000)\times 98 \ percent\)
= \((5700-1000)\times 0.98\)
= \(4700\times 0.98\)
= \(4606\) ($)
Inflation is known to be a builder of ones wealth.
Question 3 options:
True
False
Explanation:
false
hope it's helpful to you
In this blank graph of the business cycle, what does the red circled area on the grap
Contraction
B)
Expansion
Income
D)
Spending
Answer:It is contraction
Explanation:It is at the smallest point
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
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Destaque las ventajas y desventajas que tiene un mercado libre.
answer:
ventaja —
libertad para innovarlos clientes impulsan las eleccionesdesventaja —
gamas de productos limitadaspeligros del afán de lucroexplanation:
la falta de control gubernamental permite a las economías de libre mercado una amplia gama de libertades, pero estas también tienen algunos inconvenientes distintosThe process of allocating funds to projects and investments includes the following:
A. Analysis
B. Selection
C. Monitoring
D. Evaluating performance
Analyze or explain any three of the above.
The process of allocating funds to projects and investments involves several important steps, including analysis, selection, and monitoring. By following these steps, organizations can make informed decisions about where to invest their resources and ensure that their investments are delivering the expected returns.
The process of allocating funds to projects and investments involves several important steps, including analysis, selection, monitoring, and evaluating performance. Here are explanations of three of these steps:
Analysis: This step involves gathering and analyzing information about potential projects and investments to determine whether they are financially viable and aligned with the organization's goals and objectives. This includes conducting market research, analyzing financial statements and projections, assessing risks, and identifying potential barriers to success. The analysis phase helps decision-makers to make informed choices about which projects and investments to pursue.
Selection: Once potential projects and investments have been analyzed, the next step is to select the most promising ones. This involves using the information gathered during the analysis phase to compare options and choose the projects and investments that are most likely to provide the greatest returns on investment. The selection process may involve developing criteria for evaluating potential options, ranking them based on their financial potential, and weighing the costs and benefits of each option.
Monitoring: Once projects and investments have been selected and funded, it is important to monitor their progress and performance over time. This involves regularly reviewing financial and operational data to identify any potential issues or risks, and taking action to address them. Monitoring can help decision-makers to stay informed about the status of their investments, identify opportunities for improvement, and make adjustments to their funding strategies as needed.
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Drag each tile to the correct box.
Match each tax classification to the correct type of investment income.
taxable
tax deferred
tax exempt
funds distributed from a 529 plan that are used for college
capital gains in a brokerage account
interest earned on a traditional 401(k) account
Answer:
funds distributed from a 529 plan that are used for college ---> tax exempt
capital gains in a brokerage account ---> taxable
interest earned on a traditional 401 (k) account ---> tax deferred
Explanation:
The question is about the various tax classification related to the investments incomes.
The correct answer are given below:
Funds distributed from a 529 plan that are used for college - Tax ExemptCapital gains in a brokerage account - TaxableInterest earned on a traditional 401(k) account - Tax DeferredWhat is Taxable Investment ?A taxable investment is one which is subject to government taxes. There are various types of investments which are classified for taxation.
An individual is liable to pay taxes on the gains earned by investing his income.
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Suppose that a couple of months after the new pizza restaurant opens, the local government institutes a $14 per pizza price ceiling. If you buy a $14 pizza from Pizzazzy a week later (and assuming Pizzazzy is behaving rationally), what do you know about the marginal cost, average total cost, and average variable cost at the profit maximizing point of production after the price ceiling is imposed?
The information about the marginal cost, average total cost, and average variable cost at the profit-maximizing point of production when a price ceiling has been imposed will be:
Not higher than $10.Higher than $14.Higher than $10.From the complete question, it should be noted that under perfect competition, in order to maximize profit, the price will be equal to the marginal cost. Based on the information given, the marginal cost won't be more than $10 due to the fact the ceiling price is at this price. Therefore, the marginal cost won't be more than $10.
A firm in perfect competition will earn economic profit in the long run when the profit becomes zero. Therefore, the average total cost must be higher than $14.
Finally, the average variable cost won't be more than $10. This is because the price can't fall below the equilibrium price in order to maximize profit in perfect competition.
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Answer: no higher than $10, higher than $14, no higher than $10
Explanation:
In a perfectly (purely) competitive market, the long run equilibrium level of production of a firm corresponds to the point where the marginal cost is equal to the price and the minimum of the average total cost.
The fact that the firm continues to produce tells you that the average variable cost is no higher than $10 since that would lead the firm to shut down. When the price ceiling is imposed, the firm will reduce production to the point where its marginal cost is equal to the new price (no higher than $10). You also know that the long run level of production corresponds to the minimum value of the ATC curve. As a result, you know that the new level of production must correspond to a higher ATC. Since in the long run the average total cost equals the market price, you know that at this new level of production the average total cost is higher than $14.
In which situation would a banker's draft be used?
A. When a person is traveling in another country and does not want
to carry a lot of cash
B. When a buyer doesn't want to wait for the seller to confirm that
funds exist in an account
C. When a buyer wants to purchase a large number of items at once and wants the seller to have quick access to funds
D. When the person making the payment wants money to be
available in the receiving bank's account
Banker's draft can be used when the person making the payment wants money to be
available in the receiving bank's account.
What is bank draft?Banker's draft is a a form of cheque that is given to a customer at the bank either for a purchase payment.
It can also be brought to another bank for remittance, it serves as evidence for transactions.
Therefore, a banker draft can be used when the person making the payment wants money to be
available in the receiving bank's account.
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Answer:
D. When the person making the payment wants money to be
available in the receiving bank's account
Explanation:
A banker's draft is used as a guarantee of payment to another bank or financial institution. Nonetheless, when someone wants money to be available in the receiving bank's account they use a banker's draft.
The Ajax Company uses a portfolio approach to manage their research and development (R&D) projects. Ajax wants to keep a mix of projects to balance the expected return and risk profiles of their R&D activities. Consider the situation where Ajax has six R&D projects as characterized in the table. Each project is given an expected rate of return and a risk assessment, which is a value between 1 and 10 where 1 is the least risky and 10 is the most risky. Ajax would like to visualize their current R&D projects to keep track of the overall risk and return of their R&D portfolio.
Project Expected Rate of Risk Estimate Capital invested
Return (5) (Millions $)
1 12.6 6.8 6.4
2 14.8 6.2 45.8
3 9.2 4.2 9.2
4 6.1 6.2 17.2
5 21.4 8.2 34.2
6 7.5 3.2 14.8
a. Create a bubble chart where the expected rate of return is along the horizontal axis, the risk estimate is on the vertical axis, and the size of the bubbles represents the amount of capital invested. Format this chart for best presentation by adding axes labels and labeling each bubble with the project number.
b. The efficient frontier of R&D projects represents the set of projects that have the highest expected rate of return for a given level of risk. In other words, any project that has a smaller expected rate of return for an equivalent, or higher, risk estimate cannot be on the efficient frontier. From the bubble chart in part a., what projects appear to be located on the efficient frontier?
The bubble chart below shows the expected rate of return on the horizontal axis, the risk estimate on the vertical axis, and the size of the bubbles representing the amount of capital invested.
What is estimate?Estimate is an approximate calculation or judgment of the value, amount, quantity, or extent of something. It is often used to determine the cost of a project, the duration of a project, or the number of resources required to complete a project. Estimation is an important skill used in the fields of planning, engineering, finance, and operations research.
a. The bubble chart below shows the expected rate of return on the horizontal axis, the risk estimate on the vertical axis, and the size of the bubbles representing the amount of capital invested. The labels for each bubble indicate the project number.
b. Based on the bubble chart, projects 1 and 5 appear to be located on the efficient frontier as they have the highest expected rate of return for a given level of risk. Project 1 has the highest expected rate of return with a low risk estimate and Project 5 has the second highest expected rate of return with a moderate risk estimate.
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Mrs. Slayman slays all day. She slays 17 times a second. Approximately how much Slaying does Mrs. Slayman do in a day?
Mrs. Slayman slays approximately 1,468,800 times in a day.
How to calculate much Slaying does Mrs. Slayman do in a dayIf Mrs. Slayman slays 17 times every second, then in one minute (60 seconds), she slays:
17 times/second * 60 seconds = 1020 times/minute
In one hour (60 minutes), she slays:
1020 times/minute * 60 minutes = 61,200 times/hour
And in one day (24 hours), she slays:
61,200 times/hour * 24 hours = 1,468,800 times/day
Therefore, Mrs. Slayman slays approximately 1,468,800 times in a day.
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Unscramble the vocabulary word from Chapter 18: trocalleal
received interest from investment journal entry
Answer:
The amount of interest that has been earned but not yet collected in cash is referred to as interest receivable. A debit to the interest receivable account and a credit to the interest income account are the most common journal entries used to record this transaction.
Maria is going to a hiking trip this weekend. She has been busy shopping for the trip. Which of these items that she bought are a want for her? A. hiking boots B. sleeping bag C. a new pair of jeans
Answer:
C. a new pair of jeans
Explanation:
Answer:
c
Explanation:
Which feature is a point of differentiation between products and services
Answer:
Products are tangible, offered by the companies to the customers in exchange for money.
Services are the intangible economic product that is provided by a person on the other person’s demand. It is an activity carried out for someone else.
Explanation:
Assume that a gourmet food manufacturer has considered renting a booth at a local mall to sell gift boxes of candy, nuts, and cookies during the holiday season. The fixed costs to rent and operate the booth would be $27,900. The unit contribution margins and sales mix anticipated by the company are as follows: Unit Contribution Margin Sales Mix Candy $1.50 50% Nuts $2.00 30% Cookies $1.00 20% What would be the weighted average contribution margin
The negative impact of HIV/AIDS in the workplace
HIV/AIDS has a significant negative impact on the workplace in several ways. Firstly, the illness can lead to absenteeism and decreased productivity as employees take time off work to receive treatment and care for their condition.
This can be particularly damaging in industries where staffing levels are critical, such as healthcare or emergency services. Additionally, the stigma associated with HIV/AIDS can result in discrimination against affected employees, which can lead to further absenteeism and decreased productivity. This discrimination can also result in the loss of skilled employees who are forced to leave their jobs due to discrimination.
Furthermore, the cost of providing medical and disability benefits to affected employees can be high, leading to financial strain on companies. This can also lead to increased healthcare costs and insurance premiums for other employees. Finally, the negative impact of HIV/AIDS on workplace morale and relationships cannot be overlooked.
Fear, misunderstanding, and discrimination can lead to a toxic workplace environment, which can impact the mental health and well-being of all employees. It is important for employers to prioritize education, prevention, and support for affected employees in order to mitigate the negative impact of HIV/AIDS in the workplace.
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Please check debit and credit to make sure all of them are correct, and prepare the balance sheet & income statement.
Accruals Bank Bank Loan - Long-Term Buildings Buildings Accum Depn at 31.12.2009 Carriage Inwards Corporation Tax Debentures 4% Debenture Interest Fixtures & Fittings F & F Accumulated Depreciation at 31.12.2022 Insurance Intangible Assets Land Utilities (Electricity & Water) Marketing Motor Expenses Office Equipment Office Equip Accum Depn at 31.12.2022 Opening Inventory Other Reserves Proceeds from Sales of Office Equipment Provision for Bad Debts Rates Rent Repairs & Maintenance Retained Earnings Revaluation Surplus Revenue Revenue Return/ Purchases Returns Share Capital - 100,000 shares at 1$ each Share Premium Suspense Trade Receivable/ Trade Payable Purchases Wages & Salaries 800,000 20,000 1,500 75,000 23,000 80,000 450,000 1,000 24,000 5,600 150,000 50,000 14,000 12,000 7,900 19,000 80,000 450,000 73,500 2,000 65,000 455,000 200,000 5,000 200,000 15,000 45,000 43,000 4,000 4,000 150,000 20,000 950,000 10,000 100,000 5,000 15,000 48,500
First, it is important to separate debit items from credit items. Debits will be recorded on the left side of the T account, while credits will be recorded on the right side. After all of the transactions have been recorded, it is essential to compare the total debits to the total credits. The totals should be equal.
If they are not equal, there has been an error somewhere in the recording process.The balance sheet, also known as a statement of financial position, reflects a company's financial position at a specific moment. The assets, liabilities, and equity of the company are all represented on the balance sheet. The income statement, also known as the profit and loss statement, details the company's financial performance over a specific period, such as a quarter or a year.
Accruals, Bank, Bank Loan, Buildings, Buildings Accum Depn at 31.12.2009, Carriage Inwards, Corporation Tax, Debentures 4%, Debenture Interest, Fixtures & Fittings, F & F Accumulated Depreciation at 31.12.2022, Insurance, Intangible Assets, Land, Utilities (Electricity & Water), Marketing, Motor Expenses, Office Equipment, Office Equip Accum Depn at 31.12.2022, Opening Inventory, Other Reserves, Proceeds from Sales of Office Equipment, Provision for Bad Debts, Rates, Rent, Repairs & Maintenance, Retained Earnings, Revaluation Surplus, Revenue, Revenue Return/ Purchases Returns, Share Capital - 100,000 shares at 1$ each, Share Premium Suspense, Trade Receivable/ Trade Payable, Purchases, and Wages & Salaries are some of the terms that need to be considered for creating a balance sheet and income statement.
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Why is it important to consider your education, hobbies, personality traits and corporations affect your decision to start a business based on your personal attributes and qualities? n
While coming up with a business idea, crucial to take into account one's background, interests, personality, professional experience, the sustainability of enterprise depends on individual came up the concept.
Why are character attributes deemed crucial for business owners?Entrepreneurs that are knowledgeable and skilled tend to be more confident. They can listen to other people's viewpoints without feeling scared thanks to their confidence. Entrepreneurs should be very creative and innovative. Being resilient in spite of setbacks or difficulties enables you to keep going and try again till you win. This is among the qualities that are most crucial for success since it prevents individuals from giving out on their ambitions.
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You purchase Rayovac batteries from Wal-Mart. You send in your battery receipt and a form with your name, address, and UPC code to Rayovac. Rayovac sends you a check for $5.00. What type of discount is this? O A sale O A gift card O A rebate O A coupon
Answer:
a rebate because companies like that and paint companies give out rebates