Kayak Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Kayak Company's production costs for the year were: direct labor, $26,000; direct materials, $46,000; and factory overhead applied $5,600. The overhead application rate was:_______.
a. 17.69%.
b. 21.54%.
c. 464.29%.
d. 4.64%.
e. 12.17%.

Answer:

The theory of elasticity of demand is based on the concept of marginal utility, which is the additional satisfaction or benefit that a consumer derives from consuming one more unit of a good or service. When the marginal utility of a good or service is high, the demand for it is considered to be elastic, meaning that small changes in price or income can lead to large changes in the quantity demanded. Conversely, when the marginal utility of a good or service is low, the demand for it is considered to be inelastic, meaning that large changes in price or income are required to lead to small changes in the quantity demanded.

In the case of hotel rooms, the elasticity of demand can be influenced by a variety of factors, including the location of the hotel, the quality of the rooms, and the availability of alternative accommodations. For example, a luxury hotel located in a popular tourist destination may have a relatively inelastic demand, as the high quality and unique location of the hotel makes it difficult for consumers to find substitutes. On the other hand, a budget hotel located in a less popular area may have a relatively elastic demand, as there are many alternative accommodations available at similar prices.

Additionally, it would be important to consider the cross-price elasticity of demand, which measures the responsiveness of demand for a good or service to changes in the prices of related goods or services. In this case, if the prices of other hotels in the area went up, the Rivers Motel could see an increase in demand for its rooms.

Furthermore, the income elasticity of demand, which measures the responsiveness of demand for a good or service to changes in consumer income, would also play a role. In this case, if the average household income increases by 20% from $50,000 to $60,000 per year, it is likely that the quantity of rooms demanded at the Rivers Motel would also increase, as people have more disposable income to spend on luxury goods and services such as hotel rooms.

The person who is expected to become the first Trillionaire is Jeff Bezos, founder, and CEO of Amazon.

According to a study conducted by Comparison, Jeff Bezos could become the world’s first Trillionaire by the year 2026. This prediction was made on the basis of the average percentage of growth of Bezos’ net worth over the last five years. The study also highlighted that Bezos’ wealth has grown by an average of 34% over the last five years. At this rate of growth, his net worth could reach $1 trillion by the year 2026.

However, the current COVID-19 pandemic has had a negative impact on the economy, and Bezos’ net worth has already decreased by over $20 billion since the start of the pandemic. Despite this, it is still possible that Bezos may become the world’s first Trillionaire in the future, but there are also other contenders who could reach this milestone, such as Elon Musk, CEO of Tesla and SpaceX. However, as of now, there is no confirmed Trillionaire in the world.

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A market maker is willing to buy a certain stock for $21.35 per share and sell it for $21.37 per share. here, $21.37 is the asking price.

A company or individual is referred to as a market maker if they actively quote two-sided markets for certain security by giving asks and bids as well as the market size for each. Market makers contribute liquidity and depth into markets and make money on the spread between the bid and ask prices.

By acquiring and transferring securities to fulfill the market, market makers basically take on the role of wholesalers; the prices they set take into account supply and demand. A security's price will be low if there is little demand for it and plenty of supply.

An entrepreneur or broker-dealer who trades stocks on a stock exchange for their own account is known as a market maker. Market makers profit from both collecting the spread and trading.

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A market maker is prepared to pay $21.35 per share to purchase a certain stock and to sell it for $21.37 per share. The asking price in this case is $21.37.

If a business or person actively quotes two-sided markets for a particular security by providing requests and bids as well as the market size for each, they are referred to as market makers. Market makers add liquidity and depth to markets and profit from the difference in price between the ask and bid prices.

Market makers essentially assume the function of wholesalers by purchasing and transferring securities to satisfy the market; the prices they establish take into consideration supply and demand. If there is a large supply of a security and little demand for it, the price will be low.

A market maker is a businessperson or broker-dealer who trades equities on a stock exchange for their own account. Market makers make money through trading as well as collecting the spread.

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Note: The complete question would be as bellow,

A market make is willing to buy a certain stock for $21.35 per share and sell it for $21.37 per share.

Answer:

The organization structure is not clearly defined, Managers are performing duties in various departments at a time.

Explanation:

San Consulting is one of the finest consulting firm in the Greater Accra Region. The firm is always a first choice for individuals who want to pursue their career in business. The Organizational structure of San Consulting is not clearly defined. San's profits are falling because management practices are not according to the other competitive organizations. The managers working at San are facing excess workload and pressure for their work. Their job descriptions is not clearly defined and they are forced to work in multiple departments at the same time due to which they are losing focus on their own work.  

Questions 1: Planning, organizing, leading and controlling

Question 2: The organizational structure needs to be set and every employee should have their defined job role so they are able to complete work with efficiency.

Question 3: The profits of San consulting will rise as there will be less duplication of work and every employee will be able to focus on their own task and will work with efficiency.

Question 4: Matrix. The matrix organizational structure is not suited in this organization. The right organizational structure for San consulting will be Functional Structure.

Question 5: (i) The profits for San Consulting will decline

(ii) The profit will rise because employee will focus more on their specific tasks.

1B. Yes agree. The managers need to focus on the external environment as well to identify the opportunities and threats present which can stimulate changes for the organization.

A white paper is a report or guide that educates or informs readers about a complex issue.

It is meant to help readers understand the intricacies of a particular topic, provide insights, propose solutions, or aid in decision-making. White papers are typically authoritative and objective in nature, presenting in-depth information, analysis, and recommendations related to the subject matter.

They are commonly used in business, government, and academic contexts to address complex issues and provide valuable knowledge to the intended audience.

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Answer:

The correct answer is D. Retail.

Explanation:

Retail is the sale to the final consumer of goods and services. It is a sector formed by different branches (such as the food industry, the fashion industry, the home industry, etc.), which constitutes the last link in the supply chain that goes from the manufacturer to the consumer, it is In other words, it is the culmination of the process of production of goods and services, when they reach the consumer. This sale is usually carried out in stores, supermarkets, pharmacies, internet platforms and any other place where goods and services can be offered to final recipients.

Answer:

Things can be color-coded.

Answer:

Following are the solution to the given point.

Explanation:

Calculate each fund's Sharpe ratio. It Fund is the best danger reward with the highest Sharpe ratio.

\(\text{Sharpe Ratio} = \frac{\text{(Fund return - \text{risk free return)}}}{Volatility}\\\\\to Fund A= \frac{(10\%-4\%)}{10\%} = 0.6\\\\\to Fund B= \frac{(15\%-4\%)}{22\%} = 0.5\\\\\to Fund C = \frac{(6\%-4\%)}{2\%}=1.0\\\\\)

Fund C consequently offers the best risk-benefit. and without understanding client risk preference, we will advise Fund C for any clients. If a client wants to have a 22 percent minimum volatility, we'll nevertheless propose that Fund C instead of Fund B is available, because an investor can take risk-free rates to the degree that the total portfolio volatility stands at 22 percent and deposit it in Fund C.

Samia works on a portfolio of Augmented Products.

An augmented product has been given extra features or services by its seller to set it apart from similar products sold by rival companies.

A product augmentation is the offering of a discount coupon for a later purchase or a refund in the event that the consumer is disappointed. An augmented product is produced when a free recipe book is given away with the purchase of a kitchen device like a crockpot.

Product augmentation is a strategy used by brands to give their customers more for their money. It implies that customers receive both the primary product and some benefits for the same price. This aids businesses in gaining a competitive edge and expanding their market share. Actually, both sides benefit from this.

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Answer:

Explanation: the most which is

Answer:

See below

Explanation:

The above is an incomplete question. However, from a similar question, we will prepare the statement as requested.

Income statement

Sales [48,000 × $18]. $864,000

Cost of goods sold. $436,100

Gross sales $428,000

Less operating expenses

Selling expenses $28,500

Administrative expenses $123,000

Operating income $282,700

Calculation of cost of goods sold

Direct materials

Opening stock $6,000

Purchases $117,500

Less ending ($5,900). $117,600

,

The above paragraph is related to the sole proprietorship form of business organization. A sole proprietorship is a form of business organization owned and run by a single person who is the owner or the proprietor. The owner manages the business on his own and is solely responsible for the business's profits and losses.

A sole proprietorship is usually preferred by small businesses and individuals due to its ease of formation and low startup costs.

As in the given scenario, Mr. Bhushan Nagpal started the business with a limited capital investment. In a sole proprietorship, the owner has the right to make all the decisions relating to the business without any interference from other individuals.In the given paragraph, Nupur Nagpal, after completing her MBA studies, began to help her father in his business.

She wanted to use modern business techniques in every area of business to make the business grow and prosper.

However, the workers protested against her intervention, and the business started to decline.

The goodwill of the business in the market started to decline, and the liabilities of the business became many times more than his assets. On account of the pressure exerted on him by the creditors, Mr. Nagpal cleared the debts of business by disposing of his domestic properties.

Mr. Nagpal could not bear with this situation and owing to his heart failure, he died. Ultimately, the business got closed. Thus, it can be concluded that the given scenario is related to the sole proprietorship form of business organization.

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Answer: 14.60

Explanation:

The following information are given in the question:

Total assets $760 million

Total liabilities $ 30 million

Total number of shares 50 million

The net asset value will then be calculated as:

= (Assets - Liabilities) / Total number of outstanding shares

= (760 - 30) / 50

= 730 / 5

= 14.60

Answer:

a.) Self-conscious

Explanation:

Answer:

$2,500

Explanation:

Opening balance                             $12,000

Cash receipts                                   $30,000

Cash disbursement                        ($34,500)

Closing balance                                $7,500

Minimum cash balance                    $10,000

Borrowing amount(1$0,000-$7,500)     $2,500

To maintain $10,000 cash balance western company need to borrow $2,500($10,000-$7500)

Answer:3600

Explanation:

When the loan has been paid in full, $3600 will Freida have paid for the arcade system.

To figure out how much Freida spent for the arcade system, multiply the amount she paid each month by the number of days in two years, which is 24.

number of months in 2 years = 12 + 12

number of months in 2 years =  24

will pay $150 per month

$150 × 24 = $3600.

When the loan is paid in full, the arcade equipment will cost $3600.

As a result, the significance of the Freida have paid for the arcade system are the aforementioned.

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To solve this problem, we can use the following formula to calculate the yield to call (YTC):

YTC = [(C + (FV - CP) / n) / (FV + CP) / 2] + [(FV - CP) / n] / [(FV + CP) / 2 + ((FV - CP) / n + 1)]

Where:

C = coupon payment

FV = face value of the bond

CP = call price

n = number of periods until the bond is called

a. YTC when callable in 5 years at a call price of $1,100:

Coupon payment = 8% x $1,000 / 2 = $40

Face value = $1,000

Call price = $1,100

Number of periods until call = 5 x 2 = 10

Using the formula:

YTC = [(40 + (1000 - 1100) / 10) / (1000 + 1100) / 2] + [(1000 - 1100) / 10] / [(1000 + 1100) / 2 + ((1000 - 1100) / 10 + 1)]

= 0.0897 or 8.97%

Therefore, the yield to call is 8.97% when callable in 5 years at a call price of $1,100.

b. YTC when callable in 5 years at a call price of $1,050:

Coupon payment, face value, and number of periods until call remain the same.

Using the formula:

YTC = [(40 + (1000 - 1050) / 10) / (1000 + 1050) / 2] + [(1000 - 1050) / 10] / [(1000 + 1050) / 2 + ((1000 - 1050) / 10 + 1)]

= 0.0725 or 7.25%

Therefore, the yield to call is 7.25% when callable in 5 years at a call price of $1,050.

c. YTC when callable in 2 years at a call price of $1,100:

Coupon payment and face value remain the same.

Call price = $1,100

Number of periods until call = 2 x 2 = 4

Using the formula:

YTC = [(40 + (1000 - 1100) / 4) / (1000 + 1100) / 2] + [(1000 - 1100) / 4] / [(1000 + 1100) / 2 + ((1000 - 1100) / 4 + 1)]

= 0.1029 or 10.29%

Therefore, the yield to call is 10.29% when callable in 2 years at a call price of $1,100.

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The function of a financial planner is to help individuals or organizations define and reach their financial goals through a variety of services, including budget planning. So, correct option is D.

Unlike an investment advisor who is primarily focused on managing investments, a financial planner takes a more holistic approach to a client's financial well-being. They work closely with clients to understand their current financial situation, identify their goals and objectives, and develop a personalized financial plan to achieve those goals.

Financial planners do not share in the profit or loss of their clients' investments, nor do they aim to convince their clients to purchase specific stocks. Instead, they provide unbiased advice and recommendations based on their clients' individual needs and objectives.

Ultimately, the goal of a financial planner is to help clients achieve financial security and success by providing expert guidance, ongoing support, and customized solutions to meet their unique financial needs.

So, correct option is D.

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Based on the cost of the management service, Plum Company on July 1 should record A debit to a prepaid expense and a credit to cash for $7,500.

The entire amount of $7,500 is being paid for a service that has not yet happened so they will go to the Prepaid expense account. As this is an expense, it is debited when it is increased.

Cash should then be credited by the same amount to show that it is reducing.

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The cross-cultural organization model that Mr Minh Lê should propose to the board is the Hofstede model, which increases organizational awareness of cultural diversity in global companies.

Used in intercultural management with the aim of helping a company and its people to create learning about the impact of cultural diversity in the workplace, creating greater value at work, strengthening the organizational culture and increasing performance.

The basis of Hofstede's model is the differences between individual beliefs and values ​​according to the goals and objectives of the work. The model therefore seeks to increase satisfaction by instituting practices that promote diversity through the creation of a sense of belonging.

The steps os this "Gen X- plan" that the manager should follow would then be the environmental analysis, identification of leadership, control of information, financial management, organizational processes, creating a new portfolio of services, restructuring the culture and instituting the strategic plan.

Therefore, it is necessary that the planning for the cultural and structural change of e-XYZ FinTech towards an open, innovative and creative organization, is focused on environmental and cultural restructuring, with the creation of value for the stakeholders.

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Answer:

Derived tax revenues.

Explanation:

Derived tax revenues lead from the assessment that are charged on the transactions i.e. exchanged like income tax, sales tax. It lead from the assessment that charged on non government entities except the assessment that imposed on the exchange transactions

So according to the given situation, the sales tax, income tax etc would be the examples of the derived tax revenues

Answer:

Diluted earnings per share = Basic earnings per share = $0.6474 per share

Explanation:

To compute Berclair's basic and diluted earnings per share for the year ended December 31, 2021, we need to calculate the weighted average number of shares outstanding and the earnings available to common shareholders.

Weighted average number of shares outstanding:

Common stock outstanding on December 31, 2020: 200 million shares

Common stock purchased as treasury stock on March 1, 2021: (24 million) shares

Common stock dividend issued on July 1, 2021: 200 million shares x 5% = 10 million shares

Common stock sold from treasury on October 1, 2021: 4 million shares

Weighted average number of common shares outstanding: 200 million + 10 million - 24 million + 4 million = 190 million shares

Earnings available to common shareholders:

Net income: $150 million

Dividends on preferred stock: 3 million shares x $100 par value x 9% = $27 million

Earnings available to common shareholders: $150 million - $27 million = $123 million

Basic earnings per share:

Basic earnings per share = Earnings available to common shareholders / Weighted average number of common shares outstanding

Basic earnings per share = $123 million / 190 million shares

Basic earnings per share = $0.6474 per share

Diluted earnings per share:

To calculate diluted earnings per share, we need to consider the impact of the convertible bonds and the incentive stock options.

Convertible bonds:

The $50 million convertible bonds can be converted into 6 million common shares. Since the bonds were issued at face value, there is no interest expense to adjust for. The dilutive effect of the convertible bonds is calculated as follows:

Potential dilutive shares = Face value of bonds / Average market price of common shares during the year

Potential dilutive shares = $50 million / $70 per share = 0.714 million shares

Incentive stock options:

The incentive stock options can be exercised for 30 million common shares at an exercise price of $56 per share. Since the market price of the common shares is higher than the exercise price, the incentive stock options are dilutive. The dilutive effect of the incentive stock options is calculated as follows:

Potential dilutive shares = (Number of incentive stock options x (Market price per share - Exercise price per share)) / Average market price of common shares during the year

Potential dilutive shares = (30 million x ($70 - $56)) / $70 = 6.429 million shares

Since the potential dilutive shares from the convertible bonds and the incentive stock options are less than the earnings available to common shareholders, the diluted earnings per share is the same as the basic earnings per share:

Diluted earnings per share = Basic earnings per share = $0.6474 per share

Based on the given information, the basic EPS for Berclair Inc. for the year ended December 31, 2021, is $0.75, and the diluted EPS is $0.69.

The weighted average number of common shares outstanding is calculated by taking the sum of the number of shares outstanding at the beginning and end of the period and multiplying by the time period each was outstanding.

Calculate the weighted average number of common shares outstanding:

The weighted average number of common shares outstanding = [(Number of common shares outstanding at beginning of year x Number of months outstanding) + (Number of common shares outstanding at end of year x Number of months outstanding)] / 12

= [(200 million x 12) + (176 million x 3)] / 12

= 196 million

the weighted average number of diluted common shares outstanding:

The weighted average number of diluted common shares outstanding = Weighted average number of common shares outstanding + Incremental shares from stock options + Incremental shares from convertible bonds

Incremental shares from stock options = (Market price per share - Exercise price per share) x Number of options / Average market price per share

= ($70 - $56) x 30 million / $70

= 12.857 million

Incremental shares from convertible bonds = (Convertible bond principal / Conversion price per share) x (1 - tax rate)

= ($50 million / $100 per share) x (1 - 0.25)

= 3.75 million

The weighted average number of diluted common shares outstanding

= 196 million + 12.857 million + 3.75 million

= 212.607 million

Calculate net income:

Net income = $150 million

Calculate the preferred dividends:

Preferred dividends = Number of preferred shares x Par value x Annual dividend rate

= 3 million x $100 x 9%

= $2.7 million

Calculate the amount of income available to common shareholders:

Income available to common shareholders = Net income - Preferred dividends + Preferred dividends not declared

= $150 million - $2.7 million + $0

= $147.3 million

Calculate the basic EPS:

Basic EPS = Income available to common shareholders / Weighted average number of common shares outstanding

= $147.3 million / 196 million

= $0.75

Calculate the diluted EPS:

Diluted EPS = Income available to common shareholders / Weighted average number of diluted common shares outstanding

= $147.3 million / 212.607 million

= $0.69

Therefore, the basic EPS for Berclair Inc. for the year ended December 31, 2021, is $0.75, and the diluted EPS is $0.69.

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The definition corresponds to the concept of prejudice, because it involves a set of opinions, thoughts, and feelings.

A prejudice is a concept from the Latin praeiudicium that refers to an opinion, thought, or feeling (usually negative) that a person has formed about something or someone in advance and without prior knowledge.

Prejudice is the action and effect of establishing a definition or a meaning for something before the opportune time, that is, before knowing it in depth.

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The maximum amount that Purifier should pay for IntelAir is $10,538,700.

Selling price per antenna = $1,000

All-inclusive production cost per unit = $700

Annual net cash inflow per unit = $300/unit ($1,000 - $700)

Number of units to be sold per year = 5,000 units

Total annual net cash inflow = $1,500,000 ($300 x 5,000)

Expected period of revenue generation = 10 years

Discount rate = 10%

The PV annuity factor at 10% for 10 years = 6.145

The Present value of annuity of net cash inflow = $9,217,500 ($1,500,000 x 6.145).

The Present value of patent sale = $1,818,000 ($2,000,000 x 0.909).

The Present value of upgrading expenses = $496,800 ($800,000 x 0.621).

The maximum amount that Purifier should pay for IntelAir is $10,538,700 ($9,217,500 + $1,818,000 - $496,800).

Thus, the maximum amount that Purifier should pay for IntelAir is $10,538,700.

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Doeskin is a strong durable fabric with a short thick velvety nap on one side: a woven cloth with a suede-like look with a nap less than 1/18th of an inch. Hence, the correct answer is Doeskin.

Tightly milled, twill weave, face finish, 100% Merino wool. It has a weight of 390gsm and a width of 142cms, and it comes in a variety of traditional and modern colors. The moniker "Doeskin" came from the fabric's resemblance to the skin of a female deer. Doeskin is the velvet-like split hide of an adult female deer. It is extensively utilized in the production of gloves. It rapidly receives dye. A tightly woven medium-weight wool fabric with a short soft nap, akin to duvetyn, is also referred to by the word.

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Answer:

C

Explanation:

Answer:

Plan Carefully. ...

Be as Transparent as Possible. ...

Tell the Truth. ...

Communicate. ...

Create a Roadmap. ...

Provide Training. ...

Invite Participation. ...

Don't Expect to Implement Change Overnight.

Explanation:

Answer:

positive externality

Explanation:

positive externality is defined as benefitting a third party, so education helps the student and then others which would be a 3rd party