Answer:
Cash book Reconciled balance: $1,539.7
Kameron's bank balance Reconciled balance: $1,539.7
Explanation:
Kameron Gibson’s bank reconciliation
Kameron's checkbook balance: $259.60
Add Direct deposit: $1,320.30
Balance $1,579.9
Less: Teller fee: $17.50
Service charges: $22.70
Total deduct: $40.2
Reconciled balance: $1,539.7
Kameron's bank balance: $954.35
Add Deposit in transit: $721.40
Balance $1,675.75
Less :Outstanding checks (total)
($116.90+$19.15) $136.05
Reconciled balance: $1,539.7
To perform well during the test, you should:
A) complete true-false questions first
B) tackle the difficult questions first
C) ignore the directions
D) preview the exam
In an attempt to improve the staffing process, your hospital has collected data on the four primary recruitment sources for staffing Food Service personnel. The following table presents those findings for the last 12 month time
period.
Recruitment
Source
Number of
Applicants
Screened
Potentially
Qualified
Took and
Passed
Testing
Took and
Passed
Interview
Phase
Accepted
Employment
Offer
One-Year
Survival
Rate
Phase
29
Employee
referrals
50
26
(52%)
25
(50%)
23
(40%)
Newspaper
ads
32
(50%)
52
(25%)
36
(72%)
97
(46%)
26
(60%)
210
(15%)
26
(12%)
36
(17%)
14
(35%)
Walk Ins
40
12
11
18
(45%)
(30%)
(20%)
State
Employment
Agencies
41
11
100
(41%)
21
(21%)
14
(14%)
(11%)
8
(8%)
Total
400
200
120
90
80
68
1. If you could increase the number of applicants from one of the recruitment sources, which should it be?
OEmployee referrals
ONewspaper ads
Owalk-ins
Ostate employment agencies
Ocannot tell from the data given
2. If you decided to drop one of the recruitment sources, which should it be?
Answer:
State employment agencies
Explanation:
That the answer Plss follow me thanks
13) Consider the following information for a particular economy. Total population = 60 million Number of employed 30 million Total labour force = 40 million Natural rate of unemployment = 12% a) Find the total unemployment rate b) Calculate the cyclical unemployment rate
Answer:
Explanation:
a) Find the total unemployment rate
Total labour force = 40 million
Number of employed = 30 million
Number of unemployed = 40 - 30 = 10 million
Unemployment rate = (unemployed / Labour force) × 100
Unemployment rate = (10 million / 40 million) × 100 = 25%
b) Calculate the cyclical unemployment rate
Cyclical unemployment rate = Unemployment rate - natural rate of unemployment
Unemployment rate = 25%
Natural rate of unemployment = 12%
Cyclical unemployment rate = 25 - 12 = 13%
Asy Clean operates a chain of dry cleaners. It is experimenting with a continuous-improvement (i.e., kaizen) budget for operating expenses. Currently, a typical location has operating expenses of $14,000 per month. Plans are in place to achieve labor and utility savings. The associated operational changes are estimated to reduce monthly operating costs by a factor of 0.99 beginning in January.
Expected cost = Current price x factor ∧ number of months = 14,000 * 0.99 ∧ 1 = 13 860; 14,000 * 0.99 ∧ 6 = 13 180.72; 14,000 * 0.99 ∧ 12 = 12 409.39
How would you define a kaizen budget?Companies looking to reduce their operational expenses frequently employ a Kaizen System in the context of supply chain management. The Kaizen System has a structure that mandates constant efficiency improvement in a business in order to lower costs and boost quality. Kaizen is the process of continuously enhancing operations and cutting expenses. The idea often produces slow, steady progress over time. By including projected cost cuts into the anticipated outcomes of a corporation, this idea can be used to budgeting.
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Step 2. Search to find any summary about the company that mentions funds for starting the business. Try to find any information containing employee data in this section.
Step 3. Find the section where the product or service is detailed. Look to see what kinds of products or services will be involved with the business. Compare this with what other similar business plans are offering.
Record the information you found for steps 2 and 3. Make sure you discuss how the company got money to start the business, employee data, and what products or services the company provides in comparison with what other similar business plans are offering.
We can see here that such company gotten after searching for company that mentions funds for starting the business is Go-o-gle.
Funds for starting the business: $1 million in funding from Andy Bechtolsheim.
Employee data: over 160,000 employees worldwide.
What is a company?A company is a legal and organizational entity formed by individuals or a group of individuals with the purpose of conducting business activities. It is an association of individuals who come together to engage in commercial, industrial, or professional activities in order to generate revenue and make a profit.
Their products are digital and online services.
Comparing this company, we see Microsoft.
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Work ethics are a naturally inherited quality.
Is this statement true or false?
true
false
Attitudes are a person's lasting evaluations of objects
True false
Answer:
False
Explanation:
provide 2 examples from the news of firms in perfectly competitive markets. Discuss how costs impact these firms' profitability.
A theoretical market structure known as pure or perfect competition occurs when several requirements, including perfect information and resource mobility, are met.
What are some instances of markets that are completely competitive?
Take into account a farmers market where every seller is selling the same brand of jam. Since they all use the same recipe and charge the same price for their products, there is little difference between them. Price is determined by the forces of supply and demand in a market with perfect competition. Both the supply of goods from suppliers and the demand for goods from consumers affect prices .
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At the end of a short-term program, how should an offer be presented to the client?
A. In-person
B. Via text
C. In a phone call
D. Via email
E. In a written letter
At the end of a short-term program, the offer should be made to the client in person. Option A
How to make the offerThe best way to present an offer at the end of a short-term program will depend on various factors, such as the nature of the program, the client's communication preferences, and the type of offer being made.
Option A (in-person) may be appropriate for a high-value offer that requires face-to-face interaction, such as a job offer or a business partnership. Option B (via text) is less formal but may be appropriate for a quick follow-up or reminder. Option C (in a phone call) can be a good option for building rapport and having a more personalized conversation. Option D (via email) is a common way to present offers and allows for easy documentation and tracking. Option E (in a written letter) may be suitable for more formal or ceremonial occasions, such as a scholarship award or a congratulatory message.
Overall, the best approach is to consider the client's communication preferences and the nature of the offer, and choose the most appropriate method accordingly.
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Klein Company issues a four-year note in exchange for a license agreement with fair value of $100,000. The contract requires payment of $27,956 at the beginning of each of the four years. The approximate effective interest rate associated with the notes payable is:_____.
a. 10%.
b. 8%.
c. 6%.
d. 7%.
Answer:
b. 8%.
Explanation:
The effective interest rate can be determined using the rate function in excel as shown below:
=rate(nper,pmt,-pv,fv,type)
nper=period of license=4 years
pmt=27956
pv=-100000(the initial value of the license)
fv=0
type=1(1 for beginning payments, 0 for end of the period payments)
=rate(4,27956,-100000,0,1)
rate=8.00%
GROUP ACTIVITY 2
In 2015, the US retailer Wal-Mart experienced a rise in total revenue, but was predicting a fallin
profit. A company spokesperson said the firm was seeking to reduce stock levels and expected
the demand to increase in the future.
a How can total revenue rise but profits fall?
b Explain:
i how a reduction in stock levels could increase profit
ii
one way a firm could increase demand.
a) It is possible for total revenue to rise but profits to fall if the cost of goods sold or operating expenses increase faster than the increase in revenue. For example, if a company experiences an increase in sales but also has to pay more for the goods it is selling or has higher operating costs, this could lead to a decrease in profits even if total revenue is rising.
b)
i) A reduction in stock levels could increase profit in a few ways. First, it can reduce the cost of holding inventory, which includes the cost of storage and the cost of capital tied up in inventory. Reducing inventory levels can also help a company avoid having to mark down prices on excess or slow-moving inventory, which can have a negative impact on profits.
ii) One way a firm could increase demand is by implementing marketing and advertising campaigns to increase awareness of its products and services. This could include advertising in various media, such as television, radio, print, or online, as well as promotional activities such as sales or discounts. A company could also focus on improving the quality or value of its products and services in order to make them more appealing to consumers. In addition, a company could explore new markets or expand its distribution channels in order to reach a larger customer base.
Santana Rey is considering the purchase of equipment for Business Solutions that would allow the company to add a new product to its computer furniture line. The equipment is expected to cost $371,760 and to have a six-year life and no salvage value. The equipment is expected to generate income of $15,239 and net cash flow of $80,417 in each year of its six-year life. Santana requires an 9% return on all investment (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) (Negative net present values should be indicated with a minus sign. Do not round intermediate calculations. Round your present value factor to 4 decimals and final answers to the nearest whole number.)
Required: 1-a. Compute the payback period for this equipment. 1-b. Compute the net present value for this equipment. 1-c. Compute internal rate of return for this equipment. 2. If Santana requires investments to have payback periods of four years or less, should she invest in this equipment? 3. If Santana requires investments to have at least an 9% internal rate of return, should she invest in this equipment?
1-a. Payback period = 3.68 years. The payback period is the length of time required for a project or investment to break even. It is the period of time it takes for the cumulative cash inflows from the investment to equal the initial cash outlay of the investment.
1-b. Net present value = $37,138
1-c. Internal rate of return = 10.84%. IRR stands for Internal Rate of Return, which is a measure of the profitability of a given investment.
2. Yes, Santana should invest in this equipment since the payback period is less than four years.
3. Yes, Santana should invest in this equipment since the internal rate of return is greater than 9%.
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Diane owned a farm that she wanted to sell and ran an ad in the local newspaper. After George agreed to purchase the farm, Diane wrote him a letter saying that she would not sell it. He sued her to enforce the contract, and she raised the defense of the statute of frauds. The letter she had signed did not contain any of the terms of the sale. George, however, claimed that the newspaper ad could be combined with her letter to satisfy the statute of frauds. Was he correct?
mee la rspeuetapero se m etrbala la aptopss
1.3 Eloberate on the meaning of crisis.
While airbags in cars have saved lives and lowered fatality rates, they have caused MORE accidents. Why has this happened? What do we call this idea in economics? Suppose the government was hoping to reduce the number of accidents (and was not concerned about fatalities), what should they require automakers to do?
The idea that airbags in cars have caused more accidents is known as the moral hazard problem in economics. This occurs when people take on more risk because they feel protected by insurance or safety features. In the case of airbags, drivers may feel invincible and drive more recklessly because they believe the airbag will protect them in case of an accident.
If the government was hoping to reduce the number of accidents and was not concerned about fatalities, they could require automakers to install technology that limits the speed of the vehicle or increases the distance between cars. They could also require automakers to install sensors that detect when a car is too close to another car and issue a warning to the driver. These measures would encourage safer driving practices and reduce the likelihood of accidents.
A bond issued by the U.S. Treasury with a maturity of 90 days is sold on the
O capital market.
O money market
O primary market.
O secondary market.
A bond issued by the U.S. Treasury with a maturity of 90 days is sold on the money market.
What is money Market?
Money market are market that provides money both large and small amount of money for business opportunities, banks, and the government.
Government can sell to money market.
Therefore, A bond issued by the U.S. Treasury with a maturity of 90 days is sold on the money market.
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Bonds and Financial Assets Quick Check
Answer:
1. Junk Bonds
2. $510
3. Money Market
4. an investor sells a bond to another investor
5. One of the bonds was sold at face value while another was sold below face value.
Hope This Helps!
For Future Generations
Customer service personnel typically need at least:
A. a high school diploma
B. a vocational school certificate
C. a community college degree
D. a four-year degree
Answer:
a
Explanation:
1 Describe the main sources of law (10 Marks).
2 Explain five essentials of a valid contract (10 Marks).
3 Describe the main purpose of employment law (10 Marks).
Main Sources of Law are:
a) Constitutional Law
b) Statutory Law
c) Common Law
d) Administrative Law
e) International Law
What is valid contract?a) Constitutional Law: It includes fundamental principles and rules according to which the country is governed.
b) Statutory Law: It is enacted by the legislative body of the government. Examples include labor law, tax law, and criminal law.
c) Common Law: It includes legal principles and precedents derived from previous court decisions.
d) Administrative Law: It includes rules and regulations created by administrative agencies.
e) International Law: It includes treaties and agreements made between countries.
The Five essentials of a valid contract:
a) Offer: A clear and specific offer made by one party to another.
b) Acceptance: The other party must accept the offer as it is, without any changes.
c) Consideration: Something of value must be exchanged between the parties.
d) Capacity: Both parties must have the legal capacity to enter into a contract.
e) Intention: Both parties must intend to create legal relations.
Lastly, The Main purpose of employment law:
a) Protecting employees' rights: Employment law ensures that employees are treated fairly and have the right to work in a safe and non-discriminatory environment.
b) Promoting equal opportunities: Employment law prohibits discrimination based on race, gender, age, religion, disability, or other protected characteristics.
c) Establishing minimum standards: Employment law sets minimum standards for wages, hours of work, and other employment conditions.
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Sabas Company has 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares of $50 par common stock.The following amounts were distributed as dividends: Year 1: $10,000 Year 2: 45,000 Year 3: 90,000 Determine the dividends in arrears for preferred stock for the second year. a.$10,000 b.$25,000 c.$30,000 d.$0
Answer:
Option b is correct
Arrears preference dividends = $25,000
Explanation:
Preference shareholders are entitled to a fixed amount of dividends.
Cumulative preference shares: Cumulative simply implies that should the company misses the payment of dividend in a particular year such unpaid dividend would be carried carried forward and paid in arrears in the following year.
$
Preferred dividend in year = 2%× 100× 20,000= 40,000
Preferred dividend in year 2 = 2%× 100× 20,000= 40,000
Total dividend accrued to preference shares 80,000
Less total dividend paid in year 1 and 2 55,000
Arrears preference dividends 25,000
Arrears preference dividends = $25,000
Suppose you are a human resource professional at a company setting up work
teams for production and sales. Explain at least four legal requirements which need
to be embedded in your pay structure to support this new work arrangement.
If I were a human resource professional at a company setting up work teams for production and sales, the four legal requirements that need to be embedded in my pay structure to support this new work arrangement are:
The nation's minimum yearly salary.State minimum wage is paid.Minimal wage for the employees.A flat wage for the position.What will the legal requirements be about?A group incentive plan is a form of compensation that bases pay on the collective performance of a team and emphasizes cost-cutting, productivity growth, and achieving organizational objectives.
I supposedly work in human resources for a company that organizes work teams for sales and production and I would suggest the below point to encourage this new work arrangement:
Teams that are unable to function independently are provided group incentive plans. They are only able to function in teams, and the job itself necessitates it.Learn more about human resource professional from
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Mark decides to sell his pencils in the school store. This decision is an example of
A.Product
B.Price
C.Place
D. Promotion
Answer:
promotion
Explanation:
hes promoting that hes sellinng pencils
Answer:
The answer is C. Place
Explanation:
I just did a quiz and the correct answer was Place, GG's
Suppose for the year 2015, Speedy Chef, a fast food restaurant, had a Gross Profit of $1,281,648. Speedy Chef had the following expenses:
Cost of Goods Sold $1,251,167
Selling Expense $70,578
Rent Expense $156,941
Utilities Expense $73,994
Insurance Expense $35,148
Wages $505,245
General & Administrative $24,358
Miscellaneous $32,968
Interest Expense $4,059
Income Tax Expense $60,596
What would Speedy Chef's Income Before Taxes be for 2015?
The Speedy Chef's Income Before Taxes for 2015 is -$873,406.
The following are the operating expenses for Speedy Chef for the year 2015:Cost of Goods Sold $1,251,167Selling Expense $70,578Rent Expense $156,941 Utilities Expense $73,994Insurance Expense $35,148Wages $505,245General & Administrative $24,358Miscellaneous $32,968Interest Expense $4,059Income Tax Expense $60,596.
The formula to determine the Income Before Taxes (IBT) of Speedy Chef for 2015 is given below:Income Before Taxes (IBT) = Gross Profit - Total Operating ExpensesTotal Operating Expenses = Cost of Goods Sold + Selling Expense + Rent Expense + Utilities Expense + Insurance Expense + Wages + General & Administrative + Miscellaneous + Interest Expense + Income Tax Expense.Substitute the given values,Income Before Taxes (IBT) = Gross Profit - Total Operating Expenses = $1,281,648 - $2,155,054 = -$873,406.
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Coca-Cola and PepsiCo are the leading competitors in the market for cola products. In 1960 Coca-Cola introduced Sprite, which today is the worldwide leader in the lemon-lime soft drink market and ranks fourth among all soft drinks worldwide. Prior to 1999, PepsiCo did not have a product that competed directly against Sprite and had to decide whether to introduce such a soft drink. By not introducing a lemon-lime drink, PepsiCo would continue to earn a $200 million profit and Coca Cola would continue to earn a $300 million profit.
Suppose that by introducing a new lemon-line soft drink, one of two possible strategies could be pursued : (1) PepsiCo could trigger a price war with Coca-Cola in both lemon-lime and cola markets or (2) Coca-Cola could acquiesce and each firm maintains its current 50/50 split of the cola market and split the lemon-lime market 70/30 in favor of Coca-Cola. If Pepsi introduced a lemon-lime drink and a price war resulted, both companies would earn profits of $100 million. Alternatively, Coca-Cola and PepsiCo would earn $275 million and $227 million, respectively, if PepsiCo introduce a lemon-lime drink and Coca-Cola acquiesced and split the markets as listed above.
Diagram this situation using the extensive or tree-form of a game.
How you can convince your colleagues that introducing the new soft drink is the most profitable strategy by explaining the reasoning and theoretical analysis?
The introduction of the new soft drink is the most profitable strategy because it'll be in Coca-Cola's bad interest if a price war is started.
It should be noted that in a perfectly competitive market that is, a market where the producers and consumers possess full and symmetric information, a price war would not occur.
However, the soft drink industry is a monopolistically competitive industry since Coca-Cola and PepsiCo control the majority of the market share.
Therefore, the introduction of the new soft drink will be a profitable solution because it'll be in Coca-Cola's bad interest if a price war is started with PepsiCo.
In conclusion, a price war shouldn't be started.
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Cullumber Company uses a periodic inventory system and reports the following for the month of June.
What is the weighted-average unit cost ?
For the month of June, Cullumber Company reports using a periodic inventory system. The weighted-average unit cost is $10.117, or $951 ÷ 94.
How do periodic inventory systems record inventory?All purchases made between physical inventory counts are recorded in a purchases account under the periodic inventory system. After a physical inventory count, the balance in the purchases account is moved into the inventory account, where it is rebalanced to match the cost of the finished inventory. Simply put, to determine the weighted average, all data set values must first be multiplied by their respective weights. After that, add up the products that resulted and divide by the total weights. While managing rates, one will as a rule observe that the amount of loads is equivalent to 1 or 100 percent.
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Yesteryear Productions pays no dividend at the present time. The company plans to start paying an annual dividend in the amount of $0.40 a share for two years commencing four years from today. After that time, the company plans on paying a constant $0.75 a share annual dividend indefinitely. How much are you willing to pay to buy a share of this stock today if your required return is 11.6 percent?
a. $3.78
b. $4.22
c. $4.37
d. $4.71
e. $4.98
Answer:
b. $4.22
Explanation:
The computation of the price that willing to pay is shown below:
But before that we need to do the following calculations
Terminal value at year 5 is
= 0.75 ÷ 0.116
= 6.46552
Now
Total cash flow is
= 6.46552 + .40
= 6.86552
And finally
Present value =(PVF at 11.6%,4 × D4 ) + (PVF at 11.6%,5 × CF5)
= (0.64468 × 0.40) + (0.57767 × 6.86552)
= 0.2579+ 3.9660
= $4.22
Hence, the correct option is b.
what is a start up cost
Answer:
Explanation:
Startup costs are the expenses incurred during the process of creating a new business.
Pre-opening startup costs include a business plan, research expenses, borrowing costs, and expenses for technology.
Post-opening startup costs include advertising, promotion, and employee expenses.
Different types of business structures—like sole proprietorships, partnerships, and corporations—have different startup costs, so be aware of the different costs associated with your new business.
Marketing can be seen through two different viewpoints: as a business philosophy and an applied set of techniques.
True
False
Answer:
true
Explanation:
based on my opinion
Please i need an answer
Answer:I need points
Explanation: by 7-4p 4
Alistair owns and runs a bakery. He buys groceries worth $250 for his business. What entries does he make in the book of accounts?
Alistair makes two entries in the book of accounts. He debits the supplies account and
compliance with the
principle of transaction
Reset
Next
Alistair is the owner and operator of a bakery. He spends $250 on groceries for his business. He makes two bookkeeping entries in the book of accounts. He debits the supplies account and follows the transaction principle.
A book of accounts contains commercial account transaction records. Commercial double entry accounting systems include numerous ledgers or books, such as the general ledger as well as general journal. These ledgers are collectively referred to as books, a shortened term for books of account. Any of the numerous books utilised in the accounting process can be referred to as a single book of accounts.
Thus the entries that he make in the book of accounts is that he makes two entries in the book of accounts. He debits the supplies account and compliance with the principle of transaction.
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What is the probability of receiving at least three e-mails during an hour (to 4 decimals)? For this question, if calculating the probability manually make sure to carry at least 4 decimal digits in your calculations. c. What is the expected number of e-mails received during minutes (to 2 decimals)? d. What is the probability that no e-mails are received during minutes (to 4 decimals)?
b) The probability of receiving at least three e-mails during an hour is of: 0.8754 = 87.54%.
c) The expected number of e-mails received during 15 minutes is of: 1.25 e-mails.
d) The probability that no e-mails are received during 15 minutes is of: 0.2865 = 28.65%.
What is the Poisson distribution?In a Poisson distribution, the probability that X represents the number of successes of a random variable is given by the following mass probability function defines as follows:
\(P(X = x) = \frac{e^{-\mu}\mu^{x}}{(x)!}\)
The parameters are:
x is the number of successes that we want to find the probability of.e = 2.71828 is the Euler number.\(\mu\) is the mean in the given interval or range of values of the input parameter.The daily mean is of 121 e-mails, hence the hourly mean is of:
\(\mu = \frac{121}{24} = 5\)
Then the probability of at least three e-mails during the hour is of:
P(X ≥ 3) = 1 - P(X < 3)
In which:
P(X < 3) = P(X = 0) + P(X = 1) + P(X = 2)
Hence:
\(P(X = x) = \frac{e^{-\mu}\mu^{x}}{(x)!}\)
\(P(X = 0) = \frac{e^{-5}(5)^{0}}{(0)!} = 0.0067\)
\(P(X = 1) = \frac{e^{-5}(5)^{1}}{(1)!} = 0.0337\)
\(P(X = 2) = \frac{e^{-5}(5)^{2}}{(2)!} = 0.0842\)
Then:
P(X < 3) = P(X = 0) + P(X = 1) + P(X = 2) = 0.0067 + 0.0337 + 0.0842 = 0.1246
Hence:
P(X ≥ 3) = 1 - P(X < 3) = 1 - 0.1246 = 0.8754 = 87.54%.
The mean during 15 minutes is one-fourth of the hourly mean, hence:
5.04/4 = 1.25 e-mails.
The probability of no-emails during the 15 minutes is of:
P(X = 0) = e^(-1.25) = 0.2865 = 28.65%.
Missing InformationIn items c and d, the measure is of 15 minutes, and the description of the problem is given by the image shown at the end of the answer.
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