Harley Davidson is a value stock compared to Zynga.
Define a value stock.A stock that appears to trade at a lower price in comparison to its fundamentals, such as dividends, earnings, or sales, is an appealing purchase for value investors. A growth stock and a value stock can generally be compared.
Harley Davidson is a value stock as its P/E is 11 and dividend yield is 4%. Zynga on the other hand is a growth stock as its P/E is 212 and the firm doesn't pay any dividend. Hence, the last option is correct. Harley Davidson is a value stock compared to Zynga
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V144
QUESTION 2
A bus driver covers a certain distance in 3 hours at an average
speed of
80 km/h.How long will the journey take at an average speed of 50
km /h?
There are 96 boys and 120 girls in Grade 9. Write down the ratio
of thenumber of boys to the number of girls in the class.
QUESTION 3
Find the HCF and LCM of 172 and 258.
QUESTION 4
Answer:
3hr=80km/r
?=50km/R
(50*3)/80=1.88hr
10-10. Why does CrowdStrike’s appointment to the Forbes list of best places to work point to long-term success for the company?
CrowdStrike's appointment indicates long-term success because it suggests that the company has a positive workplace culture and values which can lead to higher employee retention rates and increased productivity.
How does CrowdStrike's inclusion contribute to long-term success?As CrowdStrike's is recognized as top employer by a prestigious publication, Forbes can enhance its reputation and brand image which can help attract top talent and retain current employees.
This inclusion also indicates that the company is dedicated to providing a positive work environment and investing in its employees' well-being. All this can result in higher job satisfaction, increased employee engagement and improved productivity which can all contribute to the company's long-term success.
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After new research shows potentially damaging health effects of Good X, government leaders impose a new tax that firms must pay for each unit of the good produced. How will rational firms that produce the good likely respond?
A.by raising the price of the good
B. by lowering the price of the good
C. by decreasing production of the good
D. by increasing production of the good
The Purple Martin has annual sales of $687,400, total debt of $210,000, total equity of $365,000, and a profit margin of 5.9 percent. What is the return on assets
Answer:
7.1%
Explanation:
Purple martin has an annual sales of $687,400
The total debt is $210,000
Total equity is $365,000
Profit margin is 5.9%
= 5.9/100
= 0.059
The first step is to calculate the net income
Net income= sales×profit margin
= $687,400×0.059
= $40,556.6
The next step is to calculate the total assets
Total assets= Total debt+Total equity
= $210,000+$365,000
= $575,000
Therefore, the return on assets can be calculated as follows
ROA= Net income/Total assets
= 40,556.6/575,000
= 0.0705×100
= 7.1%
Hence the return on assets is 7.1%
The Mountain Springs Water Company has two departments, Purifying and Bottling. The Bottling Department had 3,000 liters in beginning work in process inventory (30% complete). During the period 71,000 liters were completed. The ending work in process was 5,000 liters (70% completed). All inventories are costed by the first-in, first-out method. What is the total equivalent units for direct materials (using the FIFO method) if materials were added at the beginning of the process
Answer:
73,000 units
Explanation:
Equivalent units
Focus on the work done during the production period when using FIFO.
Direct materials = 68,000 + 5,000 = 73,000 units
therefore,
the total equivalent units for direct materials (using the FIFO method is 73,000 units
How are society and culture related?
1.While culture, as the collection of beliefs and values of a group of people, strongly affects society, a particular society does not have any kind of impact on its
culture.
2.Both society and culture are important to groups of people, but they are entirely
separate from one another.
3.A society is a group of people who live in the same area and share a culture, and
culture is made up of elements, such as language, that tie the society together.
4.A culture is a group of people who live together, and a society is the values,
beliefs, and behaviors that they all share.
As both entail a community of people residing in one place, society and culture are intimately intertwined. While culture refers to the ideas, values, and standards that influence a society's behaviour, society is the collective behaviour of a collection of people.
Language, religion, and customs are examples of cultural components that bind a community together and give it a feeling of identity.
A society's values and beliefs shape how its members interact with one another and the outside world, therefore a society's culture also has an impact on it. Although culture and society are two separate yet linked concepts.
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select a business from any of three business sectors
A business from any three business sectors is industry. Businesses clearly differ in what they do.
Businesses are frequently classified according to their industry or sector. An industry is a group of businesses which are related in terms of their primary activity, such as car manufacturing or grocery sales. Smaller industries (such as car manufacturing) can be grouped to larger industry sectors (such as the manufacturing sector in general). An individual business is classified as belonging to a specific industry based on its primary activity.
As a result, this company would be classified as belonging to the automobile manufacturing industry rather than financial services.
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Which situation best illustrates an effect of the law of supply
As a Cost and Management Consultant in the banking industry in Ghana, one of your highly esteemed clients, a top tier banking institution in Ghana has required of you to advise them as to whether target costing can be applied to the banking industry in Ghana. They further require you to advise them on what products or services can target costing be applied.
Answer:
Explanation:
Target costing is a costing system used to determine the life cycle cost of a product or service while the quality and profit on such products are still maintained.
It relies on the external market condition as the desired profit margin is deducted from the market price to arrive at it.
It is relevant to every every organisation that utilizes cost in the process of producing or providing a service . This means that it can be utilized by banks , looking at the various modern services that banks produce , with the focus shifted to service delivery system.
It can also be applied to the IT industry and the manufacturing industry , every organisation that uses cost with the aim of reducing cost while the quality of products and services are still maintained,
Example of services include provision of savings account , production of IT components , manufacturing of cars etc.
Ethics
AP6-5 Horizon Corporation manufactures personal computers. The company began operations in 2012 and reported
profits for the years 2012 through 2019. Due primarily to increased competition and price slashing in the industry,
2020's income statement reported a loss of $20 million. Just before the end of the 2021 fiscal year, a memo from the
company's chief financial officer (CFO) to Jim Fielding, the company controller, included the following comments:
If we don't do something about the large amount of unsold computers already manufactured, our auditors will require us to
record a write down. The resulting loss for 2021 will cause a violation of our debt covenants and force the company into
bankruptcy. I suggest that you ship half of our inventory to J.B. Sales, Inc., in Oklahoma City. I know the company's
president, and he will accept the inventory and acknowledge the shipment as a purchase. We can record the sale in 2021
which will boost our loss to a profit. Then J.B. Sales will simply return the inventory in 2022 after the financial statements
have been issued
Required:
1. Understand the reporting effect: What is the effect on income before taxes of the sales transaction requested by the
CFO?
2. Specify the options: If Jim does not record the sales transaction requested by the CFO, what is the effect on total
assets and income before taxes of the inventory write-down?
3. Identify the impact: Are investors and creditors potentially harmed by the CFO's suggestion?
4. Make a decision: Should Jim follow the CFO's suggestion?
Based on the effects of what the CFO suggests, the effect on the income before taxes will be an increase.
If Jim does not do what the CFO requests of him, the total assets will increase and the income before taxes will decrease.
The investors and the creditors will be harmed by the CFO's suggestion.
As regards what he should do, Jim should not follow the CFO's suggestion.
What are the effects of the CFO's suggestion?If Jim does what the CFO suggests then income will increase on account of the fake sales increasing the revenue the company gets.
If Jim refuses to do what the CFO suggests, then the computers will remain in inventory which will increase assets as inventory is an asset. Income will however decrease because sales will be less.
Jim should not do what the CFO suggests because it would harm investors who would remain invested in a loss making company that could implode anytime. Same goes for the creditors.
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Describe one (1) resource you found that provides tips on how to talk about your résumé in a job interview.
Answer:
Explanation:tôi xứng đáng có mức lương cao hơn
Different types of partnership businesses
Answer:
These are the four types of partnerships.
General partnership. A general partnership is the most basic form of partnership. ...
Limited partnership. Limited partnerships (LPs) are formal business entities authorized by the state. ...
Limited liability partnership. ...
Limited liability limited partnership
When an organization is owned and run by two or more individuals it is known as Partnership. Members of such firm are known as Partners and collectively they are known as Partnership Firm.
Types of Partnership:
• General Partnership: Under this type of partnerships, all partners equally contribute in the process of decision making and day to day operations. They equally share all the profits & gain and bear all the losses & liabilities. If one partner is found guilty, all other partners will be considered accountable.
• Limited Partnership: Unlike general partners, limited partners have limited liability and control over the business generally limited to his Investment. He takes no part in day to day operations or any decision making process. Thus, he is not liable to compensate any losses occured by firm from his income.
• Limited Liability Partnership: Under this partnership, the firm exist as a seperate legal entity. Partners liability is limited to the amount they have invested in the firm.
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In 2019, Dan transferred 5-year property to Fleck Corp. in a tax-deferred Section 351 transaction. Fleck took Dan's adjusted basis in the property. Dan originally placed the depreciable property in service in 2017. What year of the depreciation schedule will Fleck use to depreciate the property
Answer:
The property will be depreciated using the remaining 3 years of its life after the tax-free incorporation transfer year. This is because Dan had already depreciated the property for 2 years before the transfer.
Explanation:
Sec. 351 allows a tax-free incorporation transfer if certain requirements are met, including that the property must be transferred to Fleck Corporation by Dan in exchange for stock in Fleck Corporation, and, immediately after the exchange, the Fleck Corporation is in control.
At the beginning of the recent period, there were 1,230 units of product in a department, 35% completed. These units were finished and an additional 6,100 units were started and completed during the period. 1,240 units were still in process at the end of the period, 25% completed. Using the weighted average method, the equivalent units produced by the department were:
Answer:
7,640 units
Explanation:
Calculation for what the equivalent units produced by the department were Using the weighted average method
First step is to calculate the units Completed & transferred out
Completed & transferred out =6,100+1,230
Completed & transferred out=7,330
Second step is to calculate the EGIP
EGIP= (1,240*25%)
EGIP=310
Now let calculate the equivalent units produced by the department
Equivalent units produced=7,330+310
Equivalent units produced=7,640 units
Therefore Using the weighted average method, the equivalent units produced by the department were:7,640 units
Which 2 statements are true regarding Classes in QuickBooks Online?
Classes affect the source of a transaction
You can assign multiple classes to a transaction
Classes can be renamed "divisions," "departments," etc., to suit different companies
Columns in a Balance Sheet by Class will always balance
The unspecified column on a Profit and Loss by Class represents transactions that have not had a class specified
Statement (2)You can assign multiple classes to a transaction, and (3)Classes can be renamed "divisions," "departments," etc., to suit different companies are true regarding Classes in QuickBooks Online.
The two true statements regarding Classes in QuickBooks Online are:
You can assign multiple classes to a transaction: QuickBooks Online allows you to assign multiple classes to a single transaction. This flexibility allows you to track and categorize transactions across different dimensions such as departments, locations, projects, or any other classification that is relevant to your business. Assigning multiple classes can provide more detailed insights into the different aspects of your financial data.
Classes can be renamed "divisions," "departments," etc., to suit different companies: QuickBooks Online allows you to customize the terminology used for classes. While the default term is "Classes," you have the flexibility to rename them to suit your business needs. For example, you can rename classes as "divisions," "departments," "locations," or any other term that aligns with your company's structure and terminology. This customization feature ensures that QuickBooks Online can adapt to different industries and organizational structures.
The other two statements are false:
Classes do not affect the source of a transaction. Classes are used to categorize and track transactions for reporting purposes but do not impact the source or origin of the transaction itself.
Columns in a Balance Sheet by Class will not always balance. A Balance Sheet by Class report in QuickBooks Online categorizes assets, liabilities, and equity by class. While the individual columns will show the respective balances for each class, there is no guarantee that the total columns will balance. This is because the report summarizes the financial data based on the assigned classes, which may have different amounts for each class.
The unspecified column on a Profit and Loss by Class report represents transactions that have not had a class specified. In QuickBooks Online, if a transaction is not assigned a class, it will be classified under the "Unspecified" column in the Profit and Loss by Class report. This allows you to identify transactions that have not been categorized and may require further classification.
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Henry Carr and Noreen Mason formed a partnership, dividing income as follows: annual salary allowance to Carr of $42,000; interest of 7% on each partner's capital balance on January 1; any remaining net income is divided equally. Carr and Mason had $63,000 and $147,000 in their January 1 capital balances, respectively. Net income for the year was $442,000. How much net income should be distributed to Carr
Answer:
$239,060
Explanation:
The computation of the net income distributed to Carr as follows;
Particulars Carr Mason net income distributed Non-allocated
Net income $442,000
Salary
allowance $42,000 $42,000 $400,000
Interest
on capital $4,410 $10,290 $14,700 $385,300
left amount $192,650 $192,650 $385,300 $0
Net income $239,060
a firm sells 1000 units per week. it charges $70 per unit, the average variable costs are $25, and the average costs are $65. at what price would the firm consider shutting down in the short run?
If the business can't cover variable costs, it should think about closing down soon. Thus, $25 is the price at which the company would consider ceasing operations.
A variable cost is a type of business expense that varies depending on how much a company makes or sells. Depending on a company's variable costs production, variable costs rise or fall. They rise when production rises and fall when production declines.
Examples of variable costs include raw material and packaging costs for manufacturing businesses, as well as credit card processing fees and company shipping costs for retail businesses, which fluctuate with sales. You can compare a variable cost to a fixed cost.
Variable and fixed costs make up the majority of any business's overall variable costs expenses. The production output or sales determine variable costs. The production's variable cost is a fixed sum for each unit company made.
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What basic economic question is addressed in the press release?
Answer:
for whom to produce
Explanation:
for whom to produce
Determine the missing amount:
Assets=Liabilities+owners Equity x 272000 573000
Based on the given amounts of assets and liabilities, the missing amount of Owner's equity is $301,000
How to find the equity?The Owners equity is one of the parts of the Accounting equation which is:
Assets = Liabilities + Owners Equity
The Assets in this instance is $573,000 and the Liabilities are $272,000.
The Owner's equity is the missing amount and it can be found as:
573,000 = 272,000 + Owners Equity
Owners Equity = 573,000 - 272,000
Owners Equity = $301,000
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An auditor who wishes to work in public accounting would strongly consider
getting which
certification/license?
O A. CMA
OB. CFE
OC. CIA
OD. CPA
How do you define a small business? Not the textbook definition but how you define it in your own words. List several small businesses in your local area and evaluate what makes them a small business and how you know. What impact do these small businesses have on your local economy? Explain.
Small business can be described as the business that is been privately owned corporation and can as well be a partnership, or sole proprietorship , and this business usually consist of small number of employees which do consist of less annual revenue compare to corporation or regular-sized business.
List several small businesses in your local area are:
Personal Trainers Site building and web design.Local Auto Repairs.The impact these small businesses have on your local economy is that it help the economy because Small businesses serves as the important economic engine since it serves as the back up .
What is a business?Small businesses can be described as the one that help the local economies because it bring about the growth as well as the innovation into the community that the business is been established.
In conclusion, Business can be described as the organization as well as enterprising entity which focus on making profit by engaging in the production or selling of products as well as services.
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In alphabetical order below are balance sheet items for Karol Company at December 31, 2022.
Some contents of a balance sheet are:
Accounts payableAccounts receivableCashCommon stockRetained earnings, etc.What is a Balance Sheet?This refers to the financial statements that make a report on a company's assets and liabilities and their shareholder equity.
The uses of a balance sheet are:
To explain the financial position of a company at a particular timeTo evaluate a businessTo identify possible issuance of dividends.Please note that your question is incomplete so I gave you a general overview of what a balance sheet is, its contents and other relevant information.
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Read the following paragraph and its possible revisions. Then choose the revision that has the best paragraph coherence and that most accurately supports the original paragraph.
In the event of a crisis, your company should be ready to respond immediately by appointing a crisis team of five to seven employees who are responsible for executing the crisis management plan. this team will be responsible for implementing the plan and communicating important information internally. the ceo and pr director should handle external communication. all of these details should be outlined in the crisis management plan, which is clearly a critical preparatory step.
1. In the event of a crisis, your company should be ready to respond immediately. Preparing for the crisis requires planning. The critical first step is the development of a crisis management plan. Additionally, your company should appoint a crisis team of five to seven employees who are responsible for executing the crisis management plan. This team will be responsible for implementing the plan and communicating important information internally. However, external communication should be handled by the ceo and pr director.
2. In the event of a crisis, your company should be ready to respond immediately. therefore, having a crisis management plan is an important preparatory step. tThe CEO and PR director should handle external communication. Additionally, your company should appoint a crisis team of five to seven employees who are responsible for executing the crisis management plan. This team will be responsible for implementing the plan and communicating important information internally.
3. In the event of a crisis, your company should be ready to respond immediately. Your company should appoint a crisis team of five to seven employees who are responsible for executing the crisis management plan. This team will be responsible for implementing the plan and communicating important information internally. However, external communication should be handled by the ceo and pr director. Therefore, having a crisis management plan is an important preparatory step.
The best revision of the original paragraph is:________ .
Choose the most appropriate transitions to promote paragraph coherence in the paragraphs that follow.
Entrepreneurial folklore weaves a dream of perfection in the pursuit of success__________percent of all entrepreneurial businesses fail in the first year__________with hard work and proper planning, you can increase your chance for success.
___________you should focus your efforts on four primary areas: idea development, feasibility research, business plan writing, and securing capital ___________ the planning phase of any business venture is difficult _________ thorough development, research, and funding will help make your dream a reality.
Shorter paragraphs are more readable and inviting to business audiences. Answer the following question about paragraph length.
Which one of the following techniques will help you control the length of your paragraphs?
a. Use a smaller font size to maximize space on the page.
b. Limit the length of your paragraph to approximately eight or fewer lines.
c. Develop shorter sentences.
1. The revision with the best paragraph coherence is Revision 3.
Paragraph coherence ensures that each paragraph flows smoothly from the previous one to the next through the use of paragraph transitions.2. The most appropriate transitions in the following paragraphs which promote paragraph coherence are as follows:
a. Unfortunately, 90%b. Thoughc. Therefore,d. However,e. Nevertheless,Paragraph transitions are achieved using conjunctive adverbs and phrases, as given above.3. The technique that helps to control the length of paragraphs is c. Develop shorter sentences.
Thus, coherent paragraphs support and develop the main topic, idea, or theme of the passage with evidence and examples.
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Training improves quality and efficiency of profession.Do you agree?
Answer: Yes
Explanation: This is true, because if you are new playing baseball like me I SUCKED at it but after some practice I won many leagues.
The fundamental economic problem facing all societies is the fact that all must deal with which of the following?
A
B
C
D
poverty
competition
scarcity
inflation
The fundamental economic problem facing all societies is the fact that all must deal with scarcity. The correct option is c.
What are the causes of economic problems in societies?Economic problems in societies typically mean the problem of making choices that occurs because of the scarcity of resources. There are three causes of economic problems in society, they are scarcity of resources like labour, land, and capital are insufficient as compared to demand; unlimited human Wants which means they will never be satisfied.
Lastly, resources being scarce, the same resources are used for different purposes and it is, therefore, essential to choose among resources.
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The matching principle, A: requires
Answer:
i dont know
Explanation:
1. Which of the following statements explains why the demand curve in the loanable funds market slopes downward? *
1 point
As the real interest rate increases, lenders are willing to lend more money
As the real interest rate decreases, lenders are willing to lend more money
As the real interest rate increases, borrowers are willing to borrow more money
As the real interest rate increases, borrowers are willing to borrow less money
None of these explanations is appropriate.
The margin of safety ratio is computed as actual sales divided by break-even sales. is used to determine the break-even point. indicates what percent decline in sales could be sustained before the company would operate at a loss. measures the ratio of fixed costs to variable costs.
Answer:
indicates what percent decline in sales could be sustained before the company would operate at a loss.
Explanation:
Since, Margin of safety ratio = Expected Sales - Break even sales
therefore,
The correct statement is : The margin of safety ratio indicates what percent decline in sales could be sustained before the company would operate at a loss.
Allied Merchandisers was organized on May 1. Macy Company is a major customer (buyer) of Allied (seller) products. May 3 Allied made its first and only purchase of inventory for the period on May 3 for 2,000 units at a price of $10 cash per unit (for a total cost of $20,000). May 5 Allied sold 1,500 of the units in inventory for $14 per unit (invoice total: $21,000) to Macy Company under credit terms 2/10, n/60. The goods cost Allied $15,000. May 7 Macy returns 125 units because they did not fit the customer’s needs (invoice amount: $1,750). Allied restores the units, which cost $1,250, to its inventory. May 8 Macy discovers that 200 units are scuffed but are still of use and, therefore, keeps the units. Allied gives a price reduction (allowance) and credits Macy's accounts receivable for $300 to compensate for the damage. May 15 Allied receives payment from Macy for the amount owed on the May 5 purchase; payment is net of returns, allowances, and any cash discount. Prepare the appropriate journal entries for Macy Company to record each of the May transactions. Macy is a retailer that uses the gross method and a perpetual inventory system; it purchases these units for resale. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
78,250 will be the total of the journal entry that will be made of the Allied Merchandisers.
What is a journal entry?All budget management is documented in journal entries. Any trading performance that has an effect on the firm is a purchase, in the broadest sense.
3 May
Merchandise inventory $20,000
Cash $20,000
5 May
Accounts receivable – Macy Co. 21,000
Sales revenue 21,000
Cost of goods sold 15,000
Merchandise inventory 15,000
7 May
Sales return and allowance 1,750
Accounts receivable1,750
Merchandise inventory 1,250
Cost of goods sold 1,250
8 May
Sales return and allowance 300
Accounts receivable 300
15 May
Cash 18,571
Discount allowed 379
Accounts receivable 18,950
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The question is incomplete, Complete question is:
Allied Merchandisers was organized on May 1. Macy Co. is a major customer (buyer) of Allied (seller) products. Prepare journal entries to record the following transactions for Allied assuming it uses a perpetual inventory system and the gross method. (Allied estimates returns using an adjusting entry at each year-end.)
May 3 Allied made its first and only purchase of inventory for the period on May 3 for 2,000 units at a price of $10 cash per unit (for a total cost of $20,000).
5 Allied sold 1,500 of the units in inventory for $14 per unit (invoice total: $21,000) to Macy Co. under credit terms 2∕10, n∕60. The goods cost Allied $15,000.
7 Macy returns 125 units because they did not fit the customer’s needs (invoice amount: $1,750). Allied restores the units, which cost $1,250, to its inventory.
8 Macy discovers that 200 units are scuffed but are still of use and, therefore, keeps the units. Allied sends Macy a credit memorandum for $300 toward the original invoice amount to compensate for the damage.
15 Allied receives payment from Macy for the amount owed on the May 5 purchase; payment is net of returns, allowances, and any cash discount.
Which three phrases describe the purpose of financial institutions
Answer:
deposit, lending, and investment products to
Explanation: