Managers have to consider several contingencies when deciding on the best arrangements for their organizations. One such contingency is the organization's environment, and managers must determine whether a mechanistic or an organic structure will work better under their particular circumstances. This activity is important because the type of organizational structure chosen can be critical to an organization's success. The goal of this exercise is to test your knowledge of the characteristics of these two different organizational structures. Select the most appropriate category (mechanistic or organic structure) for each step of the characteristics of organizations.
1. Few rules and procedures (Click to select)
2. Narrow span of control (Click to select)
3. Specialized tasks (Click to select)
4. Many teams or task forces (Click to select)
5. Many rules and procedures (Click to select)
6. Decentralized hierarchy of authority (Click to select)
7. Flatter structure (Click to select)
8. Informal communication (Click to select)
9. Taller structure (Click to select)
10. Centralized hierarchy of authority (Click to select)
11. Wider span of control (Click to select)
12. Shared tasks (Click to select)
13. Formalized communication (Click to select)
14. Few teams or task forces (Click to select)
15. Best for companies operating in stable environments. (Click to select)
16. Best for companies that need to respond to rapidly changing consumer tastes. (Click to select)
Answers
Answer:
Mechanistic structures are more centralized in nature. This makes them rigid as decisions come from the top but because there is little micro-management, the company will rely on clear rules for employees to get things done. Communication is vertical.
Organic structures on the other hand, are more decentralized. Communication is horizontal but goes vertical as well and rules are more flexible.
Mechanistic Structure:
Narrow span of control Specialized tasksMany teams or task forcesMany rules and proceduresTaller structureCentralized hierarchy of authorityFormalized communication Best for companies operating in stable environments.Organic Structures
Few rules and proceduresDecentralized hierarchy of authority.Flatter structure.Informal communication Wider span of controlShared tasks Few teams or task forces Best for companies that need to respond to rapidly changing consumer tastes.Related Questions
3. ABC suppliers have an idea that an organization should be in good terms with the community, customers, and potential customers. Explain what public relations is. [2x1] [2]
Answers
Public relations (PR) is the practice of managing the communication between an organization and its various stakeholders, including the community, customers, potential customers, employees, investors, and the media.
The goal of Public relations (PR) is to create and maintain a positive image of the organization in the eyes of its stakeholders, enhance its reputation, and build relationships with key stakeholders.
PR professionals use various tools and strategies, such as press releases, media outreach, events, and social media, to communicate the organization's message and engage with its audiences.
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Assume the following taxpayer information: The taxpayer is a South African manufacturing company (not a small business corporation as defined) with a 31 March 2023 year of assessment. Calculate the recoupment on the disposal of the machine BELOW. Information pertaining to manufacturing machine: Events Sold Purchased Tax value at date of sale Date 30 December 2022 1 August 2020 Amount R 605 000 R 490 000 R 98 000
Answers
The depreciation allowances allowed in prior years of R533 665 (recoupment amount)The recoupment amount is included in taxable income.
An asset disposed of in the year of assessment (2022) for proceeds exceeding its tax written down value (TWDV) triggers a recoupment of depreciation allowances. The recoupment is calculated by deducting the TWDV from the proceeds, but limited to the sum of depreciation allowances allowed in respect of the asset less any amount that has been recouped in a prior year.
Manufacturing machine sold R605 000 Purchased R490 000 Tax value at date of sale R98 000Calculate recoupment on the disposal of the machine;
The machine's TWDV is R71 335; this is calculated by taking the original cost of R490 000 less the depreciation allowances allowed in prior years of R34 665.R605 000 (proceeds) - R71 335 (TWDV) = R533 665 (recoupment amount)The recoupment amount is included in taxable income.
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Please help me Im stuck on this
Answers
Dog Up! Franks is looking at a new sausage system with an installed cost of $460,000. This cost will be depreciated straight-line to zero over the project's five-year life, at the end of which the sausage system can be scrapped for $55,000. The sausage system will save the firm $155,000 per year in pretax operating costs, and the system requires an initial investment in net working capital of $29,000. If the tax rate is 21 percent and the discount rate is 10 percent, what is the NPV of this project?
Answers
Answer:
The Net Present Value (NPV) of this project is $93,405.59.
Explanation:
Note: Find attached the excel file for the calculation of the NPV of this project.
Net present value (NPV) refers to the present value of cash inflows minus the present value of cash outflows over a specified period of time.
On its own, present value (PV) refers the value that a future sum of money or stream of cash flows has now or currently given a specified rate of return. The formula for calculating the PV is given as follows:
PV = FV / (1 + r)^n
Where,
FV = Future value
r = discount rate. This is given as 10% in this question
n = Relevant period, e.g. year
The above explanation and formula together with other stated formulae in the attached excel file is used in calculating the NPV of this project.
Which statements about scholarships are true? Select all that apply.
A student could receive a scholarship based on financial need.
Some scholarships require the student to pursue a specific field of study.
Scholarship money must be paid back after graduation.
Scholarships are considered gifts and do not need to be paid back.
All scholarships are based solely on academic achievement.
Answers
Answer:
A student could receive a scholarship based on financial need.
Some scholarships require the student to pursue a specific field of study.
Scholarships are considered gifts and do not need to be paid back.
Explanation:
Statements that are true about scholarships are
student could receive a scholarship based on financial needsome scholarships require the student to pursue a specific field of studyscholarships are considered gifts and do not need to be paid back.What is scholarships?An amount of money given by a school, college, university, or other organization to pay for the studies of a person with great ability but little finance."
Different types of scholarships are need based scholarships, merit based scholarships, athletics based scholarships and many more
Applying for economic scholarships based on need is quite common. These types of funds are only offered to those who can show some financial hardship.
The overall dollar amount that they make or that they have access to isn’t much of a concern.
There are several academic scholarships out there for those who've obtained stellar grades at school. If you believe you stand out from the crowd, you can apply for a merit based scholarship to colleges who are open to it.
Sports scholarships are an excellent way of seeking out financial aid for higher studies as there are fewer applicants for these scholarships as compared to other scholarships.
What are the Benefits of Getting a Scholarship for students?Following benefits are
Saves you from debtimproves performanceGives you a career advantage.Hence, option A,B and D are the correct answer
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Choose the scenarios provided that would cause an increase in the cell phone quantity produced based on the law of supply.
A)
The price of cell phones increases considerably.
B)
Government subsidies provided to cell phone producers increases.
C)
The cost of the main component of cell phones decreases substantially
D)
The price of cell phones is placed on sale around popular holiday seasons.
E)
The federal government decreases the tariff on the imported computer
chip inside cell phones
Answers
The following scenarios would cause an increase in the cell phone quantity produced based on the law of supply:
B) Government subsidies provided to cell phone producers increases.
C) The cost of the main component of cell phones decreases substantially.
E) The federal government decreases the tariff on the imported computer
chip inside cell phones.
If the price of the cell phones will increase then the demand for cell phones will decrease. Hence, option A is incorrect. The price of cell phones is placed on sale during holiday seasons will not affect the law of supply because the sale price if less then the demand will increase and considerably the sale. Hence, option C is incorrect. If the government subsidies on cell phone increase then the producers will able to produce more cell phones and this will help in increasing the cell phone supply. Hence, option B is correct. If the cost of the main component of the cell phone decreases then the producers can purchase more number of main components for the production of cell phones and the supply for cell phone increases. Hence, option C is correct. If the federal government decreases the tariff on the chip being imported and used in the cell phones. Then it will decrease the production cost and more number of cell phones are expected to be produced and it will increase the supply of cell phone. Hence, option E is correct.Hence, options B, C, and E are correct.
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The stockholders’ equity section of Night Corporation’s balance sheet at January 1 follows:
Common stock, $5 par value, 300,000 shares authorized, 60,000 shares $300,000
issued, 6,000 shares in treasury
Additional paid-in capital
In excess of par value $480,000
From treasury stock 30,000 510,000
Retained earnings 348,000
1,158,000
Less: Treasury stock (6,000 shares) at cost 138,000
Total Stockholders’ Equity $1,020,000
The following transactions affecting stockholders’ equity occurred during the year:
Jan. 8 Issued 15,000 shares of previously unissued common stock for $21 cash per share.
Mar. 12 Sold all of the treasury shares for $28 cash per share.
June 30 Declared a five percent stock dividend on all outstanding shares of common stock. The market value of the stock was $25 per share.
July 10 Issued the stock dividend declared on June 30.
Oct. 7 Acquired 2,500 shares of common stock as treasury stock at $26 cash per share.
Dec. 18 Declared a cash dividend of $1.00 per outstanding common share, payable on January 9 to stockholders of record on December 31.
a. Prepare journal entries to record the foregoing transactions.
b. Prepare a statement of stockholders’ equity. Net income for the year is $341,000.
Answers
a) The journal entries to record the transactions are as follows:
Journal Entries:Jan. 8 Debit Cash $315,000
Credit Common Stock $75,000
Credit Additional paid-in capital $240,000
(15,000 shares of previously unissued common stock for $21 cash per share.)
Mar. 12 Debit Cash $168,000
Credit Treasury Stock $138,000
Credit Additional paid-in capital $30,000
June 30 Debit Retained Earnings $93,750
Credit Dividend Distributable $93,750
July 10 Debit Dividend Distributable $93,750
Credit Common Stock $18,750
Credit Additional Paid-in Capital $75,000
Oct. 7 Debit Treasury Stock $12,500
Debit Additional Paid-in Capital $52,500
Credit Cash $65,000
Dec. 18 Debit Cash Dividend $76,250
Credit Dividend Payable $76,250
b) The preparation of a statement of stockholders’ equity is as follows:
Night Corporation
Statement of Stockholders' Equity:Common stock, $5 par value, 300,000 shares authorized,
78,750 shares issued $393,750
Additional paid-in capital
In excess of par value $855,000
From treasury stock 52,500 907,500
Retained earnings 519,000
1,820,250
Less: Treasury stock (2,500 shares) at cost 65,000
Total Stockholders’ Equity $1,755,250
Transaction Analysis:Jan. 8 Cash $315,000 Common Stock $75,000 Additional paid-in capital $240,000
15,000 shares of previously unissued common stock for $21 cash per share.
Mar. 12 Cash $168,000 Treasury Stock $138,000 Additional paid-in capital $30,000
June 30 Retained Earnings $93,750 (75,000 X 5% X $25) Dividend Distributable $93,750
July 10 Dividend Distributable $93,750 Common Stock $18,750 (3,750 x $5) Additional Paid-in Capital $75,000
Oct. 7 Treasury Stock $12,500 Additional Paid-in Capital $52,500 Cash $65,000
Acquired 2,500 shares of common stock as treasury stock at $26 cash per share.
Dec. 18 Cash Dividend $76,250 Dividend Payable $76,250
60,000 + 15,000 + 3,750 - 2,500 = 76,250 shares x $1 = $76,250
Retained Earnings:Beginning balance $348,000
Stock dividend -93,750
Cash dividend -76,250
Net income 341,000
Ending balance $519,000
Common Stock:Beginning balance $300,000
Additional shares 75,000
Stock dividend 18,750
Ending balance $393,750
Preferred Stock:Beginning balance $510,000
Additional shares 240,000
Treasury stock 30,000
Stock dividend 75,000
Ending balance $855,000
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INFORMATION: List of balances extracted from the accounting records of BERGVILLE LTD on 29 February 2023, the end of the financial year, unless otherwise stated. A. B. C. D. E. Ordinary share capital Retained income Loan from Iniwe Bank Fixed assets at carrying value Fixed deposit: Khula bank Trading stock Creditors control Bank (unfavourable) Accrued expenses (expenses payable) Net trade debtors SARS income tax (provisional tax payments) Petty cash - Dividends: Interim dividends : R123 000 Final dividends: R320 000 ? 280 000 985 400 ted the following: ? 200 000 ? 440 000 25 000 11 500 ? 560 000 ? Bank reconciliation statement: The bank reconciliation on 29 February 2022 reflected a post-dated EFT for R5 000 dated 31 March 2023. Trade and other receivables occupied 54% of the current assets. Loan: CAPITEC bank ne ansac edite ACCO
Answers
Given balances extracted from the accounting records of BERGVILLE LTD on 29 February 2023 are as follows:Information:Ordinary share capital = R200,000Retained income = R440,000Loan from Iniwe Bank = R25,000Fixed assets at carrying value = R11,500Fixed deposit:
Khula bank = R560,000Trading stock = R985,400Creditors control = R280,000Bank (unfavorable) = R25,000Accrued expenses (expenses payable) = R11,500Net trade debtors = R280,000SARS income tax (provisional tax payments) = R54,000Petty cash = R5,000Dividends:Interim dividends: R123,000
Final dividends: R320,000Therefore, total shareholders' equity can be calculated as:Share capital + Retained income = 200000+440000= R640,000The total current assets would be:Trading stock + Debtors + Cash = 985400+280000+5000= R1,270,400As given, Trade and other receivables occupied 54% of the current assets.
Therefore, Trade receivables = 54% * 1270400 = R685,216Bank balance as per cash book = 560000 - 25000 - 11500 + 280000 - 54000 - 5000= R1,95500Bank reconciliation statement:Bank balance as per bank statement as at 29 February 2023 = R2,000,500Post-dated EFT of R5,000 dated 31 March 2023Add: Unpresented cheque = R 3,000Add:
Deposit in transit = R12,000Less: Bank charges = R300Less: Uncredited cheque = R7,000Adjusted bank balance as per bank statement = 2,00,500 + 5000 + 3000 + 12000 - 3000 - 7000 = R2,13,500Thus, the adjusted bank balance as per bank statement is R2,13,500.
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Hunter has just completed his first year of operation as a sole proprietor of a successful sporting goods store. There were
challenges but he was excited about getting to keep all the profits of the venture to himself.
A) Advantage of a sole proprietorship
B)Disadvantage of a sole proprietorship
Answers
Some of the advantages and disadvantages of sole proprietorship include:
Advantage - keep all the profits Disadvantage - personally liable for any debtsWhat are the advantages and disadvantages of sole proprietorship?One of the advantages of a sole proprietorship is that the business owner gets to keep all the profits of the business for themselves. This is because the owner has complete control over the business and is not required to share the profits with any other partners or shareholders.
One of the disadvantages of a sole proprietorship is that the business owner is personally liable for any debts or legal issues that arise in the course of business.
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Why are companies required to perform payroll withholding?
A. To make sure employees are being paid fairly
B.
To make sure employees can pay their taxes
C. To help employees save for retirement
D. To help the company pay its share of taxes
Answers
Companies are required to perform payroll withholding to make sure employees can pay their taxes.
What is a payroll?A payroll is a list of the employees of a company who are eligible for payments as well as other work benefits, together with the amounts that should be paid to them. Payroll can refer to a company's records of payments made to employees in the past, such as salaries and wages, bonuses, and taxes withheld, or it can refer to the department within the company that deals with compensation, in addition to the amounts that each employee should receive for time worked or tasks completed. A business has the option of managing every step of the payroll process internally or outsourcing certain steps to a payroll processing firm. Employee exemptions, record-keeping standards, and tax laws are among the federal, state, and local restrictions that apply to payroll in the United States.
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The 15-year average return for the S&P 500 from January 1973 to December 2016 (29 separate 15 year periods) was as high as a 20% average annual return and as low as a 3.7% average annual return. Additionally, the average dividend yield for the S&P is 4.11% and the average annual dividend growth rate is 6.11%.
Using this information, please compare the investment in the 5% 15-year corporate bond with a $100,000 investment in a stock with a 3.7% dividend yield (10 percent less than the S&P 500 average yield) and a 3% dividend growth rate (50 percent of the S&P 500 dividend growth rate).
The annual investment returns are as follows:
Year 1 (13.40%) Year 2 (23.37%) Year 3 26.38% Year 4 8.99%
Year 5 3.00% Year 6 13.62% Year 7 3.53% Year 8 (38.49%)
Year 9 23.45% Year 10 12.78% Year 11 0.00 Year 12 13.41%
Year 13 29.60% Year 14 11.39% Year 15 (0.73%)
The bond interest payment of 5 percent is paid annually and not reinvested. To compare accurately with the bond investment, the stock dividend will not be reinvested, but paid annually as well.
Please calculate the value of the stock account at the end of each year and the dividend income from the stock on an annual basis.
Once you have performed the calculations, please let me know if you prefer to invest in a 5% corporate bond for 15 years or the stock and why.
What is the value of the stock after year 2? Year 8? Year 11? When does the annual dividend income of the stock exceed the annual interest income of the bond?
Answers
1. The value of the stock account after Year 2 is $155,401.626.
2. The value of the stock account after Year 8 is $96,110.0674.
3. The value of the stock account after Year 11 is $96,110.0674.
4. The annual dividend income of the stock exceeds the annual interest income of the bond at the end of Year 15.
Bond interest rate: 5%
Stock dividend yield: 3.7% (10% less than S&P 500 average yield)
Stock dividend growth rate: 3% (50% of S&P 500 dividend growth rate)
We'll assume an initial investment of $100,000.
Year 1:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $100,000 + ($100,000 * 0.2337) = $123,370
1. Year 2:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $123,370 + ($123,370 * 0.2638) = $155,401.626
2. Year 8:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $155,401.626 + ($155,401.626 * (-0.3849)) = $96,110.0674
3. Year 11:
Bond interest income: $100,000 * 0.05 = $5,000
Stock dividend income: $100,000 * 0.037 = $3,700
Value of stock account: $96,110.0674 + ($96,110.0674 * 0) = $96,110.0674
4. At the end of Year 15, the dividend income of the stock exceeds the interest income of the bond.
Stock dividend income: $100,000 * 0.037 = $3,700
Bond interest income: $100,000 * 0.05 = $5,000
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What is one of the BEST reasons that a hotel might choose to have laundry on-site services?
Answers
Answer:
To improve efficiency and Customer satisfaction
Explanation:
One of the core values of the hotel is to provide alternative and hospitable abode.it is very important to ensure clean environment, hygiene beddings or linens.this will keeps customer happy and keep the company running.
Howell Petroleum, Incorporated, is trying to evaluate a generation project with the following cash flows: Year Cash Flow 0 −$ 37,000,000 1 55,500,000 2 −12,000,000 If the company requires a return of 8 percent on its investments, what is the NPV of the project? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Compute the IRRs for this project.
Answers
To compute the IRRs for this project, we can use a financial calculator or Excel's IRR function. In the given case, we get two IRRs because the cash flows change signs twice. Therefore, the project has two possible IRRs: 19.62% and 68.55%.
IRR stands for Internal Rate of Return. It is a financial metric used to evaluate the profitability of an investment. The IRR represents the discount rate at which the net present value (NPV) of all the cash flows from an investment equals zero.
In other words, it is the rate at which the investment earns a return equal to its cost. The higher the IRR, the more attractive the investment opportunity.
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2.suppose 40% of the people entering X electronics store this month make a purchase. If 10 people enter the store, find the expected number making a purchase. Suppose that for the next month X electronics store forecasts 1000 customers will enter the store. (i)What is the expected number of customers who will make purchase? (ii) Find also the Standard Deviation.
Answers
i) The expected number of customers who will make a purchase in the current month is 4.
ii) The standard deviation for the number of customers making a purchase in the current month is approximately 1.55.
To find the expected number of customers making a purchase, we can multiply the total number of customers entering the store by the probability of making a purchase.
(i) For the current month:
Number of people entering the store = 10
Probability of making a purchase = 40% = 0.4
Expected number of customers making a purchase = Number of people entering the store * Probability of making a purchase
Expected number of customers making a purchase = 10 * 0.4
Expected number of customers making a purchase = 4
Therefore, the expected number of customers who will make a purchase in the current month is 4.
(ii) To find the standard deviation, we need to consider the binomial distribution since the number of customers making a purchase follows a binomial distribution with parameters n (number of trials) and p (probability of success).
For the current month:
n = Number of people entering the store = 10
p = Probability of making a purchase = 0.4
q = Probability of not making a purchase = 1 - p = 1 - 0.4 = 0.6
Standard deviation (σ) of a binomial distribution is given by the formula:
σ = √(n * p * q)
Substituting the values:
σ = √(10 * 0.4 * 0.6)
σ = √(2.4)
σ ≈ 1.55
Therefore, the standard deviation for the number of customers making a purchase in the current month is approximately 1.55.
For the next month, if the store forecasts 1000 customers to enter the store, we can use the same calculations with updated values of n and p to find the expected number of customers making a purchase and the standard deviation.
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Rhein Manufacturing recorded operating data for its auto accessories division for the year. Sales $750,000 Contribution margin 150,000 Total direct fixed costs 90,000 Average total operating assets 400,000 How much is ROI for the year if management is able to identify a way to improve the contribution margin by $30,000, assuming fixed costs are held constant
Answers
Answer:
Return On Investment = 22.5%
Explanation:
Given:
Sales = $750,000
Contribution margin = $150,000
Total direct fixed costs = $90,000
Average total operating assets = $400,000
Find:
Return On Investment if contribution margin increase by $30,000
Computation:
Net operating income = Contribution margin - Total direct fixed costs
Net operating income = [$150,000 + $30,000] - $90,000
Net operating income = $90,000
Return On Investment = [Net operating income / Net operating assets]100
Return On Investment = [90,000 / 400,000]100
Return On Investment = [0.225]100
Return On Investment = 22.5%
True or False:
A target market is the group of people lease likely to buy your product.
Answers
True
Explanation:
A target market is a group of people Or organisations for which an organisation designed, implements, and maintains a Marketing mix indeed to meet the needs of that group, resulting in mutually satisfying exchanges.
100 pts
The table identifies how many thousands of units of corn and diamonds the United States and Congo can produce in one week. Use this data to answer the question that follows.
Corn
Diamonds
United States
60
10
Congo
20
5
Which statement is true based on the data table?
The United States should specialize in diamonds and trade for corn.
The United States should specialize in corn and trade for diamonds.
Congo should specialize in corn and trade for diamonds.
Congo should specialize in both corn and in diamonds.
Answers
Answer:
In view of the units of corn and precious stones delivered by the US, the open-door cost of creating corn is B. 10⁄60.
What is the open-door cost of delivering corn?
The open-door cost of delivering corn to the US would be the number of precious stones that are surrendered to make one unit of corn.
This can be found as:
= Units of jewels/Units of corn
= 10/60 jewels
All in all, choice B is right.
Answer:
B) The United States should specialize in corn and trade for diamonds.
Explanation:
I got it right on the test
employers use a form to determine how much of your paycheck to withhold for income taxes
Answers
Answer:
w-4
Explanation:
On average, our representatives enroll one customer every 3 hours, while top performers make one sale per hour. How would you plan your workweek to maximize your earnings?*
Answers
Plan your workweek to maximize your earnings Identify peak sales hours, Set ambitious goals, Allocate more time during high-performance hours, Continuous improvement, Efficient time management, Develop strong customer relationships, and Continuous learning.
To maximize earnings in this scenario, it is important to strategically plan the workweek and focus on increasing the number of customer enrollments. Here is a potential plan to maximize earnings:
1. Identify peak sales hours: Analyze the data and determine the hours or time slots when sales are most likely to occur. This could be based on historical data or observations of customer behavior. Allocate more time during these peak hours to capitalize on potential sales opportunities.
2. Set ambitious goals: Aim to achieve or exceed the performance of top performers by setting ambitious sales goals. This mindset will drive motivation and focus throughout the workweek.
3. Allocate more time during high-performance hours: Dedicate a larger portion of the workweek to the hours when top performers make one sale per hour. By increasing the number of hours during these periods, there is a higher likelihood of securing more customer enrollments.
4. Continuous improvement: Regularly analyze and reflect on sales techniques and strategies. Identify areas for improvement and seek ways to refine your approach. This could involve studying successful sales tactics, attending sales training sessions, or seeking feedback from experienced colleagues or mentors.
5. Efficient time management: Optimize time management skills to ensure productivity during working hours. Eliminate distractions, prioritize tasks, and maintain a focused and organized work environment. This will help maximize the number of customer interactions and increase the chances of securing enrollments.
6. Develop strong customer relationships: Emphasize building rapport and establishing strong connections with potential customers. Focus on active listening, understanding their needs, and providing personalized solutions. By developing trust and fostering positive relationships, the likelihood of successful enrollments can increase.
7. Continuous learning: Stay updated on industry trends, product knowledge, and competitor offerings. This will enable you to effectively address customer inquiries, overcome objections, and provide value-added insights during sales interactions.
By implementing these strategies, planning the workweek to prioritize peak sales hours, setting ambitious goals, improving sales techniques, and managing time efficiently, you can increase the likelihood of maximizing earnings by securing a higher number of customer enrollments.
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A company purchased $10,300 of merchandise on June 15 with terms of 2/10, n/45, and FOB shipping point. On June 20, it returned $1,040 of that merchandise. The shipping charges for the purchase totaled $650. On June 24, it paid the balance owed for the merchandise taking any discount it is entitled to. The cash paid on June 24 equals
Answers
Since the buyer pays the balance within 10 days, a 3% discount is applied and the cash paid on June 24 is $9,724.80
In order to answer this problem, let us journalize each transaction below.
On June 15
Account Title Debit Credit
Inventory $10,300
Freight-In $650
Accounts Payable $10,950
On June 20
Account Title Debit Credit
Accounts Payable $1,040
Inventory $1,040
So, upon payment on June 24, the total payment will be;
Account Title Debit Credit
Accounts Payable $9,910
Cash ((($10,300 - $1,040) x 98%) + $650) $9,724.80
Inventory $185.20
Hence, the company can avail the discount. So, since the buyer pays the balance within 10 days,The amount of cash paid on June 24 equal $9,724.80
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What is overborrowing?
A. Taking a 2nd mortgage on your existing mortgage.
B. Borrowing more than you can pay back, or borrowing more than is necessary.
C. Using a leased car as collateral for a loan for a computer.
D. Using one credit card to pay off another credit card.
Answers
Answer: B. Borrowing more than you can pay back, or borrowing more than is necessary
why does location matter?
Answers
answer: you need to know where your at
Question 2 of 10
Investors who go through a capital formation process can expect:
A. a decrease in the diversity of their capital investments.
B. their capital to be used to fund high-risk investments.
C. banks to take control over a large portion of their capital.
O
D. the amount of capital they control to increase.
SUBMIT
Answers
Answer:
B. their capital to be used to fund high risk investments.
Explanation:
I think
Investors who go through a capital formation process can expect their capital to be used to fund high-risk investments. Retained earnings, loan capital, and equity capital are the three main sources of company finance.
What is the meaning capital formation?Capital Formation is defined as the portion of a country's current output and imports that is not consumed or exported during the accounting period but instead added to its stock of capital goods.
There are various categories of total capital formation. Gross Fixed Capital Formation.
Thus, option B is correct.
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Question: The Gross National Product (GNP) Of A Certain Country Was .N(T) = T2 + 5t + 106 Billion Dollars Years After 1980. At What Rate Was The GNP
Answers
The rate of growth of GNP is 2t + 5 million dollars per year.
To determine at what rate the Gross National Product (GNP) was growing, we have to differentiate the equation of the GNP with respect to time (t).The Gross National Product (GNP) of a certain country was .N(t) = t2 + 5t + 106 billion dollars years after 1980.
We need to find the rate of growth of GNP.
Using the power rule of differentiation, we can differentiate the above equation with respect to time (t).Therefore,N'(t) = d/dt (t² + 5t + 106)N'(t) = 2t + 5We now have the derivative of the GNP equation with respect to time (t). It tells us the rate of change of GNP concerning time (t).Therefore, the rate of growth of GNP is given byN'(t) = 2t + 5 million dollars per year.
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Case Study: Personal Financial Planning (continued) Project: Presentation
Answers
Answer:Personal financial planning involves managing one's finances effectively to achieve their financial goals and objectives. The process involves developing a comprehensive financial plan that takes into account one's income, expenses, debts, savings, and investments, as well as one's short-term and long-term financial goals.
To create an effective personal financial plan, there are several key steps you should take:
Set your financial goals: Determine your financial objectives and set specific, measurable, achievable, relevant, and time-bound (SMART) goals to achieve them.
Analyze your current financial situation: Take a detailed look at your income, expenses, debts, savings, and investments to determine your current financial position.
Create a budget: Develop a budget that helps you manage your money effectively and achieve your financial goals.
Develop a debt repayment plan: If you have outstanding debts, develop a plan to pay them off in a timely manner.
Establish an emergency fund: Set aside some money in an emergency fund to cover unexpected expenses or financial emergencies.
Review your insurance coverage: Make sure you have adequate insurance coverage to protect yourself and your family in case of unexpected events.
Plan for retirement: Start saving early for retirement and develop a plan to achieve your retirement goals.
Invest wisely: Develop an investment plan that is consistent with your financial goals and risk tolerance.
Monitor and adjust your plan: Regularly review your financial plan and make adjustments as needed to ensure that you stay on track to achieve your goals.
Explanation:
A given investment project will cost RM400,000. Incremental annual cash flows after taxes are expected to be RM80,000 per year for the life of the investment, which is 5 years. There will be no salvage value at the end of the 5 years. The required rate of return is 14%. On the basis of the profitability index method, should the investment be accepted?
Answers
Answer:
Based on the profitability index method, the investment should not be accepted.
It does not produce enough cash flows to justify the investment.
Explanation:
The profitability index method measures the present value of benefits for by dividing the present value of benefits by the present of initial investments.
The present value of initial investment in this project remains RM400,000. The present value of incremental annual cash flows of RM80,000 after taxes for 5 years will be equal to:
RM80,000 * 3.668 = RM293,440
Then the next step is to divide the present value of benefits by the initial investment as follows:
RM293,440/RM400,000 = 0.7336 = 73.36%
The implication is that the present value of the benefits is less than the initial investment costs. The project should then be rejected.
QUESTION 39
Which of the following is true regarding an exclusive agency listing?
The broker has the exclusive right to sell the property for a specified period of
O The broker operating under this listing is entitled to a commission only if he or
The seller has the right to sell the property himself or herself without being ob
O The seller must pay the broker his or her commission irrespective of who foun
Answers
Regarding an exclusive agency listing, the correct statement is:
Only if the broker who operates under this listing finds a buyer for the property is entitled to a commission.
Who are Brokers?Brokers are professionals who connect buyers and sellers of a variety of assets, including stocks, bonds, real estate, and commodities. By bringing together buyers and sellers and assisting them in negotiating deals that are advantageous to both parties, their function is to facilitate transactions.
Brokers are licensed professionals who help clients buy, sell, or rent homes in the real estate industry. They may work for a real estate agency or independently and typically receive a commission based on the transaction's value. Market research, property advertising, showing properties to potential buyers, and contract negotiation are all responsibilities of brokers. They are also in charge of making sure that the transaction goes according to all of the legal and regulatory requirements.
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use a well labelled group to explain why the introduction of maximum prices in the petrol industry will not be an ideal decision for the country's economy??
Answers
Implementing maximum prices in the petrol industry may not be an ideal decision for the country's economy.
Consumer Group:
Implementing maximum prices may initially benefit consumers as it could lead to lower fuel costs. However, it can have negative consequences in the long run. With lower prices, there may be increased demand for petrol, leading to shortages and long queues at gas stations. Additionally, if prices are kept artificially low, it can discourage investment in the industry, hampering exploration, production, and infrastructure development. This could result in limited supply and dependence on imports, potentially leading to fuel shortages and price fluctuations.Business Group:
For businesses in the petrol industry, maximum prices can restrict their ability to cover costs and maintain profitability. Fuel companies have various expenses such as exploration, refining, distribution, and employee wages. If prices are capped, it can lead to reduced profit margins, making it challenging for companies to invest in new technologies, research, and development, which are crucial for improving fuel efficiency and reducing environmental impacts.Government Group:
From a government perspective, implementing maximum prices can have adverse effects on tax revenues. Taxes on fuel sales contribute significantly to government revenue. If prices are capped, tax income will decrease, impacting the government's ability to fund public services and infrastructure projects. It can also limit the government's ability to incentivize renewable energy sources and reduce environmental pollution.Considering these factors, the introduction of maximum prices in the petrol industry may have unintended consequences such as supply shortages, reduced investment, profitability challenges for businesses, and decreased tax revenue for the government. It is crucial to strike a balance between consumer affordability, industry sustainability, and government revenue to ensure a stable and efficient petrol market.
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QUESTION 8 of 10: The function of a financial planner is:
Oa) To share in the profit/loss of your investments
b) To convince you to purchase large-cap stocks
c) To design your personal budget plan
Od) To help you define and reach your financial goals
Answers
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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Perreca son fell out of a tree in the backyard and it looked to hurt his arm is broken without thinking much about where to go see buckle them up in his car seat and head to the nearest Emergency Medical Center, Perak is sun emergency room visit would be best classified as an
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In the above case Perreca is dealing with Buckle injury
Explain in detail
An example of a shattered bone is a buckle (or torus) fracture. Without breaking the other side of the bone, one side of a bone flexes, raising a little buckle.Never disregard symptoms like pain, swelling, or tenderness, even if they are not as severe as those from other types of fractures. If your child's buckle fracture is left untreated, they could eventually experience more severe side effects like malunion, which occurs when broken bones don't line up properly throughout the healing process.Buckle fractures normally heal within four weeks from the accident. No follow-up appointment is needed in most circumstances. After the splint is removed, there may be one to two weeks of tenderness, weakness, and stiffness.To know more about Buckle bone here
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