Maxine's loan, which requires her to make monthly payments over five years, is an example of an installment loan.
What kind of loan is an installment loan?
An installment loan is a type of loan that is repaid in regular, fixed payments, typically monthly, over a specified period of time, known as the loan term. Each payment made by the borrower includes both principal and interest, and the loan is fully repaid by the end of the loan term.
In this case, Maxine's auto loan requires her to make regular monthly payments, which indicates that it is an installment loan. The loan is secured by the vehicle itself, as it is an auto loan, meaning that the vehicle serves as collateral for the loan. If Maxine fails to make the required payments, the lender may have the right to repossess the vehicle to satisfy the outstanding debt.
Unsecured loans, on the other hand, do not require collateral and are typically based on the borrower's creditworthiness.
Non-installment loans, also known as single-payment or payday loans, are loans that are typically due in full, including the principal and interest, on a specific date, rather than repaid in regular installments.
Balloon payment loans are loans that have regular installment payments over the loan term, but with a larger "balloon" payment due at the end of the loan term. In Maxine's case, based on the information provided, an installment loan is the most appropriate description for her auto loan.
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What is pure command economy?
There is no private sector in a pure command economy because all companies are owned by or under the supervision of the central government.
The definition of economyA system of interconnected production and consuming activities makes up an economy, and these activities ultimately decide how resources are distributed within a society. The whole production and consumption of products and services meets the demands of persons residing in and conducting business inside it.
What are some good cases of economy?A well-known illustration of an economy is the traditional economy, which uses a country's traditions and history to direct the production and distribution of goods. Agriculture, fishing, and hunting are the main economic sectors of traditional economies.
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Government control is the main component of a command economy. The government establishes economic goals and regulates production and pricing rather than letting market forces determine the production of products and services.
The social science of economics deals with the creation, exchange, and consumption of products and services. Economics is the study of how economies work as well as the behavior and interactions of economic actors. The study of microeconomics focuses on what are thought to be the fundamental components of the economy, such as the interactions that result from market and agent activity. Individual agents can represent a variety of clients, including homes, companies, buyers, and sellers. Macroeconomics is the study of the economy as a system in which coexisting savings, investment, output, and consumption take place. The use of labor, capital, and land resources; currency inflation; economic growth; and public policies that have an impact on these issues are also examined.
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If a country has an absolute advantage in every good, then?
Trade can still be advantageous to both parties even when one country has a definite edge in all products. Absolute This is due to the fact that trading profits are obtained by specializing in one's comparative advantage.
Absolute advantage merely contrasts a worker's productivity across nations. How many inputs are required to create shoes in by this. A slightly different version of this question is posed by comparative advantage. It asks instead, absolute According to the comparative advantage concept, a representative will produce more of and consume less of a good for which they have a comparative advantage under free trade. Comparative advantage is the economic reality that shows how the amount of work people or nations do as a result of trade has increased over time.
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All of the following statements regarding liabilities are true EXCEPT:
a. a liability is a probable future payment of assets or services.
b. unearned future wages to be paid to employees should be recorded as liabilities.
c. for a liability to be reported, it must be a present obligation that results from a past transaction or event, and requires a future payment of assets or services.
d. information about liabilities is more useful when the balance sheet identifies them as either current or long term.
e. liabilities can involve uncertainly in whom to pay.
The statement that is NOT true regarding liabilities is option B) Unearned future wages to be paid to employees should be recorded as liabilities.
Unearned future wages to be paid to employees should not be recorded as liabilities. Instead, they should be recorded as a part of shareholders' equity or retained earnings since they represent a portion of the company's profits that will be distributed to employees in the future.
Liabilities are probable future obligations or debts that arise from past transactions or events and require the future payment of assets or services. They can be classified as current or long-term depending on their maturity. The identification of liabilities as either current or long-term is useful in assessing a company's financial position and obligations.
Option B is the correct answer.
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a) Explain the difference between Hegel's conception of the Dialectic and Marx's Materialist Dialectic b) In Marx's theory what is the difference between the MODE of production and the M
a) Hegel's conception of the Dialectic and Marx's Materialist Dialectic Hegel's conception of dialectic, which he called the dialectic of spirit, follows the thesis, antithesis, synthesis structure. The Hegelian dialectic is the process by which the universe evolves.
Marx's dialectical materialism, on the other hand, combines Hegelian dialectics with an emphasis on materialism. It sees history as a struggle between economic classes for power and wealth. Marxist dialectic suggests that the contradictions within capitalism are the driving force behind its evolution, with capitalism eventually leading to its own destruction.
Marx considered that in order for a society to progress, there must be a struggle between two opposing forces. Marx's concept of dialectical materialism begins with the thesis of social, political, and economic conflicts between different classes. It is concerned with the exploitation of one class by another in society.
Dialectical materialism, according to Marx, is about producing a situation where it is impossible for one group to exploit another.
b) In Marx's theory, what is the difference between the MODE of production and the MEANS of production?According to Marx's theory, the means of production and the mode of production are the two most important factors in determining the economic structure of society.
The means of production is a concept that refers to the raw materials, machinery, factories, and other resources used to produce goods. The mode of production refers to the social relations of production in a society, particularly the relations between workers and owners.
Marx argued that different modes of production have different classes, such as slave societies and feudal societies, and that the relationship between these classes is determined by the mode of production.
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tools - machinery - and infrastructure are classified under the resource category of
Tools, machinery, and infrastructure fall under the resource category in various industries and sectors. They are essential assets that enable the production, development, and maintenance of goods and services.
Tools, machinery, and infrastructure are vital resources that support economic activities across different sectors. In manufacturing, tools and machinery encompass a wide range of equipment, from hand tools to complex industrial machines, used in production processes. They play a crucial role in enhancing efficiency, precision, and output levels. Infrastructure refers to the physical structures and systems necessary for the functioning of a society, including transportation networks, power grids, communication systems, and buildings.
It provides the framework for economic activities by facilitating the movement of goods, services, and people. Well-developed infrastructure enables businesses to operate smoothly, connect with markets, and reach customers efficiently. Overall, tools, machinery, and infrastructure are key resources that contribute to economic growth, productivity, and development in various industries.
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what type of order is used if a customer wants to sell stock at $25 although the stock is currently trading at $20?
Limit Order is used if a customer wants to sell the stock at $25 although the stock is currently trading at $20.
What is a limit Order?An instruction to buy or sell a stock or other security at a certain price or better is known as a limit order in the financial markets. Trading prices can be more effectively managed thanks to this requirement. A market order is an alternative to a limit order that directs a trade to be carried out at the current market price with no price limit specified.To limit significant losses on the downside, limit orders and stop orders can be used together. A limit order often remains in effect until it is filled, unless the trader cancels the order, or for a certain amount of days.To learn more about trade, refer:
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Write a brief mobile security policy based on one of, or both,. Write this policy for your employer, or if you do not have one, for ABC company, for a past employer, or for an organization you have made up.
• Describe the employer in 1-3 sentences.
• Describe the mobile fleet in 1-3 sentences.
• 100-200 words, author a succinct, but relatively comprehensive, mobile security policy outline that hits on all of the major points.
Mobile Security Policy for ABC Company:
ABC Company is a global technology firm specializing in software development and IT services. The company's mobile fleet consists of company-provided smartphones and tablets used by employees for business purposes.
ABC Company recognizes the importance of mobile security in safeguarding sensitive company information and preventing unauthorized access. The mobile security policy outlines the following key points:
Device Management: ABC Company will implement mobile device management (MDM) solutions to centrally manage and secure devices, including enforcing passcode requirements and remote wiping capabilities.
Data Encryption: All mobile devices will be configured to encrypt data, both at rest and in transit, to protect against data breaches.
App Security: Only approved and vetted applications will be allowed on company devices, with regular updates and patches applied to mitigate vulnerabilities.
Network Security: Employees will be required to connect to secure Wi-Fi networks and use VPN for remote access to company resources.
Device Monitoring: ABC Company reserves the right to monitor device usage, including internet access and app installations, to ensure compliance with the mobile security policy.
Employee Education: Regular training and awareness programs will be conducted to educate employees about mobile security best practices and the risks associated with mobile devices.
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issued a cheque of rs. 39000 to Saurya stores in full settlement.
journal entry
Answer:
When issuing a check to a creditor as is being done here, you need to debit the creditors account (Accounts Payable) to show that you are paying off the debt.
You also need to credit cash because a credit will show that cash was used to pay for something and so has reduced.
Date Account Title Debit Credit
XX-XX-XXX Accounts Payable - Saurya Stores Rs. 39,000
Cash Rs. 39,000
lawler clothing sold manufacturing equipment for $16,000. lawler originally purchased the equipment for $80,000, and depreciation through the date of sale totaled $71,000.what was the gain or loss on the sale of the equipment reported in the income statement?
The gain or loss on the sale of the manufacturing equipment reported in the income statement can be calculated using the formula: Gain or loss = Sale price - (Original cost - Depreciation).
In this case, the sale price of the equipment was $16,000, while the original cost of the equipment was $80,000 and depreciation through the date of sale totaled $71,000. Using the formula, we can calculate the gain or loss on the sale of the equipment as follows:
Gain or loss = Sale price - (Original cost - Depreciation)
Gain or loss = $16,000 - ($80,000 - $71,000)
Gain or loss = $16,000 - $9,000
Gain or loss = $7,000
Therefore, the gain or loss on the sale of the equipment reported in the income statement was $7,000. This means that Lawler Clothing made a gain of $7,000 on the sale of the equipment.
Depreciation is an accounting method used to allocate the cost of a tangible asset over its useful life. It is used to reduce the book value of an asset over time. In this case, the equipment was originally purchased for $80,000, and depreciation through the date of sale totaled $71,000.
The sale of the equipment would be recorded in the income statement as a gain or loss, depending on the difference between the sale price and the book value of the equipment. In this case, since the sale price was higher than the book value, Lawler Clothing made a gain on the sale of the equipment, which was reported in the income statement.
In conclusion, the gain or loss on the sale of the manufacturing equipment reported in the income statement was $7,000. This gain was calculated by subtracting the book value of the equipment from the sale price. Depreciation plays a critical role in determining the book value of assets and helps businesses to account for the wear and tear of their assets over time.
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Carmichael Cleaners needs a new steam finishing machine that costs $100,000. The company is evaluating whether it should lease or purchase the machine. The equipment falls into the MACRS 3-year class, and it would be used for 3 years and then sold, because the firm plans to move to a new facility at that time. The estimated value of the equipment after 3 years is $30,000. A maintenance contract on the equipment would cost $3,000 per year, payable at the beginning of each year. Alternatively, the firm could lease the equipment for 3 years for a lease payment of $29,000 per year, payable at the beginning of each year. The lease would include maintenance. Due to special circumstances, the firm is in the 20% tax bracket, and it could obtain a 3-year simple interest loan, interest payable at the end of the year, to purchase the equipment at a before-tax cost of 10%. If there is a positive Net Advantage to Leasing the firm will lease the equipment. Otherwise, it will buy it. What is the NAL? (Note: Assume MACRS rates for Years 1 to 4 are 0. 3333, 0. 4445, 0. 1481, and 0. 741. )
The annual lease payment is $29,000, and the equipment will be used for three years before being sold.
To determine the Net Advantage to Leasing (NAL), we need to calculate the total cost of leasing and compare it with the after-tax cost of purchasing the equipment using a loan.
The after-tax cost of purchasing the equipment using a loan is given by the formula:
After-Tax Cost of Purchasing = Interest Expense - Tax Savings = (Loan Amount x Interest Rate) - (Interest Expense x Tax Rate) = (100,000 - 30,000) x 10% - ((100,000 - 30,000) x 10% x 20%) = 5,600.
where the loan amount is the difference between the equipment cost and the estimated salvage value, and the tax rate is 20%.
The total cost of leasing is the sum of the present value of lease payments and maintenance cost. The present value of lease payments can be calculated using the formula:
The present value of lease payments can be calculated by multiplying the lease payment by the present value (PV) factor. For example, if the lease payment is $29,000 and the PV factor is 2.487, the present value of lease payments would be $72,723.
where the PV factor is the present value factor for a three-year lease with an interest rate of 10%, which is 2.487.
The total cost of leasing is:
Total Cost of Leasing = Present Value of Lease Payments + Maintenance Cost = 72,723 + 3,000 \times 3 = 81,723
Therefore, the NAL is:
NAL = Total Cost of Leasing - After-Tax Cost of Purchasing
= 81,723 - 5,600
= 76,123
Since the NAL is positive, it is more advantageous for Carmichael Cleaners to lease the equipment rather than purchasing it. The annual lease payment is $29,000, and the equipment will be used for three years before being sold.
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raymond is a salesman at a store that sells electronic gadgets. he meets his monthly sales target in time because it fetches him additional incentives besides his monthly salary. this is an example of:
raymond is a salesman at a store that sells electronic gadgets .This is an example of extrinsic motivation.
What's extrinsic motivation give illustration?
Extrinsic motivation refers to geste that's driven by external factors, similar as a price or avoidance of negative issues. plutocrat is the most egregious illustration of an extrinsic provocation. Extrinsic provocation factors can be either palpable and impalpable. Palpable factors are factors with a physical form.
Why is extrinsic motivation important?Extrinsic provocation is important because it can be an effective tool in geste revision. The prospect of entering external prices or consequences can frequently prompt individualities to parade certain profitable actions.
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What is the internal resources and capabilities analysis?
Internal resources and capabilities analysis refers to the process of evaluating an organization's internal strengths and weaknesses.
Internal resources and capabilities analysis is a strategic management tool used to assess an organization's internal strengths and weaknesses in order to gain a competitive advantage in the market. This analysis involves identifying and evaluating the tangible and intangible resources, as well as the capabilities and competencies, that an organization possesses.
Resources can include physical assets such as facilities, equipment, and financial resources, as well as intangible assets like intellectual property, brand reputation, and organizational culture. Capabilities, on the other hand, refer to an organization's ability to effectively use its resources to accomplish specific tasks or activities. These can include skills, knowledge, technological expertise, and operational efficiencies.
By conducting an internal resources and capabilities analysis, organizations can identify their core competencies, areas of competitive advantage, and potential areas for improvement. This analysis provides valuable insights into the organization's ability to meet customer needs, respond to market changes, and effectively compete with rivals.
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A wholesaler delivers makeup to supermarkets, sets up the items on racks,
and keeps track of inventory. This is an example of a
A. manufacturer's sales branch
B. truck jobber
C. rack jobber
D. drop shipper
Answer:
c. rack jobber
Explanation:
A wholesaler delivers makeup to supermarkets, sets up the items on racks, and keeps track of inventory. This is an example of a rack jobber. Hence, option C is correct.
What is wholesaler delivers?A wholesaler's main duty is to improve the efficiency of the supply chain for the gain of producers, distributors, and end consumers. At the same time, wholesalers help distributors manage their assets more efficiently.
Between a manufacturer, who creates a product, and an organization farther down the supply chain, a distributor serves as a link. A value-added reseller, or downstream company, can be either a wholesaler or a retailer.
A distributor is a company that buys non-competing products or product lines and resells them to customers directly. The majority of distributors also provide a range of services, including service, technical support, and warranty protection.
Thus, option C is correct.
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Connie Duffy started working for Dexter Company on Thursday of this week. She worked 8 hours on Thursday and 10 hours on Friday. Her annual salary is $62,400, and she is an exempt white-collar employee.
Determine her gross pay for her first partial week of work.
Answer: $480
Explanation:
Therefore, her gross pay for her first partial week of work will be her prorated weekly salary.
To calculate this, we first need to determine her daily salary:
Daily salary = Annual salary / Number of workdays per year
Number of workdays per year = 52 weeks × 5 days/week = 260 days
Daily salary = $62,400 / 260 days = $240 per day
Since Connie worked two days (Thursday and Friday) in her first week, her gross pay will be:
Gross pay = Daily salary × Number of days worked
Gross pay = $240 per day × 2 days = $480
Therefore, Connie's gross pay for her first partial week of work is $480.
To calculate Connie Duffy's gross pay for her first partial week of work, divide her annual salary by the total number of days in a year and then multiply it by the number of days she worked.
Explanation:To determine Connie Duffy's gross pay for her first partial week of work, we need to calculate her daily pay rate and then multiply it by the number of days she worked. Since she worked 2 days in this week, her daily pay rate would be her annual salary divided by the total number of days in a year. In this case, it would be $62,400 divided by 365. Next, we multiply the daily pay rate by the number of days she worked (2 days) to find her gross pay for the first partial week. So, her gross pay would be $341.64.
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Sean’s mother had to make an emergency purchase of a new tire because her tire went flat while she was traveling to the store. She is not sure how much money she has in her checking account. Which method of payment should she use to be financially responsible?
She should pay by telephone with her debit card.
She should pay with a debit card.
She should pay with a credit card.
She should pay with a check.
Answer:
c. She should pay with a credit card.
Explanation:
Credit cards are basically loans that the banks give to the customer to use and pay back before the due date.
Now if Sean's mother does not know how much money she has, she must use the credit card because to be financially responsible and pay the type services their due amount.
Later she can check her account details and make payments to the bank as per requirement.
Explanation:
The most financially responsible option for Sean's mother would be to pay with a debit card. The correct option is B.
Why debit card is better than cash?You can carry out purchases using a debit card rather than scrambling for cash, looking through your pockets or handbag for exact change, writing a check, or visiting an ATM. It's also more convenient than ever thanks to the increase in companies accepting debit card payments.
This is because a debit card transaction deducts the payment directly from her checking account, so she can only spend the money she actually has available. This can help her avoid overspending or going into debt.
Paying by telephone is also a convenient option, but it is important for Sean's mother to make sure she is using a secure and trusted payment system to protect her personal and financial information.
Using a credit card or writing a check are also options, but they may not be as financially responsible in this situation. With a credit card, Sean's mother would be borrowing money and may incur interest charges if she doesn't pay the balance in full. Writing a check may take longer to process and may not be accepted by all tire shops.
Thus, the ideal selection is option B.
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which of these is not an element of a management science problem?
There is no component of a management science problem in the problem data provided. In this case option B is correct.
The study of decision-making and problem-solving in organizations is known as management science. It can be compared to applying the scientific method to management, giving managers the ability to decide on behalf of an organization and enhance its performance.
The management science approach, which uses mathematical models to resolve issues, was created during World War II to find solutions to problems related to the war. This approach, which is also known as a quantitative approach, considers costs, constraints, and a combination of feasibility to help management make decisions.
Organizational environmental theory is a type of management science approach. To solve management issues like costs, production, and service levels, combine logical reasoning with an intuitive vision.
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Which of these is not an element of a management science problem?
A. Problem Context
B. Problem Data
C. Mathematical Models
D. Solution Methods
E. All the above answers are correct.
F. None of these answers are correct.
FILL THE BLANK.
Mere possession of a billy club is a felony under the dangerous weapons control statutes. Any person who sells a BB gun to a person under ___ years old is guilty of a _____________.
The possession of a billy club is a felony under dangerous weapons control statutes, while selling a BB gun to a person under a 18 years of age age is considered a criminal offense.
Under dangerous weapons control statutes, the mere possession of a billy club is classified as a felony offense. A billy club is a type of weapon typically consisting of a heavy, often cylindrical object, such as a wooden stick or metal rod, used for self-defense or as a weapon. Possessing a billy club is illegal under these statutes, indicating the severity of the offense.
Additionally, the sale of a BB gun to a person below a certain age is considered a criminal act. A BB gun is an air-powered gun that shoots small metal or plastic pellets, commonly referred to as BBs.
The specific age threshold for the prohibition may vary depending on local laws and regulations. Selling a BB gun to someone below this age limit is regarded as a violation of the law, highlighting the need to regulate the sale and possession of such firearms, particularly in the context of minors.
These regulations aim to ensure public safety and prevent the misuse of potentially dangerous weapons. By criminalizing the possession of billy clubs and regulating the sale of BB guns to minors, the statutes serve as measures to mitigate the risks associated with the possession and use of such items.
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Billkin Company Income Statement For the year ended December 31, Year1 & 2 (dollars in thousands) Year 1 Net sales Less: Cost of goods sold Gross Margin Less: Operating expenses Operating Income Less: Interest expense Income before taxes Less: Income taxes (50%) Net income 75,000.00 52,500.00 22,500.00 11,452.00 11,048.00 400.00 10,648.00 5,324.00 5,324.00 Year 2 50,000.00 35,000.00 15,000.00 10,000.00 5,000.00 400.00 4,600.00 2,300.00 2,300.00 Billkin Company Statement of Retained Earnings For the year ended December 31, Year1 & 2 (dollars in thousands) Year 1 Balance, beginning of period Net income Total Less:Preferred dividends Dividends to common stockholders Balance, ending of period 5,324.00 5,324.00 5,324.00 Year 2 5,324.00 2,300.00 7,624.00 224.00 1,000.00 6,400.00 Billkin Company Comparative balance sheets For the year ended December 31, Year1 & 2 (dollars in thousands) Current Assets Cash Marketable securities Accounts Receivable Inventories Other Total Current Assets Property and equipment Land Buildning and equipment Total long-term assets Total Assets Current Liabilities Notes payable, short term Accounts payable Current maturity of long term debt Accrued payables Total current liabilities Long term liabilities Bonds payable, 10% Total liabilities Stockholder's equity Preferred stock, $25 par, 7% Common stock, $2 par Additional paid in capital Retained earnings Total Equity Total liabilities and stockholder's equity Assets Year 0 Year 1 6,000.00 2,500.00 500.00 2,000.00 5,000.00 10,000.00 3,000.00 800.00 1,500.00 12,300.00 19,000.00 6,000.00 6,000.00 5,000.00 5,000.00 11,000.00 11,000.00 23,300.00 30,000.00 Liabilities and Stockholder's Equity 2,800.00 3,000.00 5,000.00 5,800.00 400.00 400.00 1,500.00 1,876.00 9,700.00 11,076.00 4,000.00 4,000.00 13,700.00 15,076.00 3,200.00 3,200.00 1,600.00 1,600.00 4,800.00 4,800.00 5,324.00 9,600.00 14,924.00 23,300.00 30,000.00 Year 2 1,600.00 1,600.00 8,000.00 10,000.00 800.00 22,000.00 4,000.00 6,000.00 10,000.00 32,000.00 3,200.00 6,400.00 400.00 2,000.00 12,000.00 4,000.00 16,000.00 3,200.00 1,600.00 4,800.00 6,400.00 16,000.00 32,000.00 Instruction: 1 Compute all ratios for YEAR 1 AND YEAR 2 that are found in Liquidity Leverage Profitability ratios 2 Create an overall analysis of the company's performance based on the ratios computed. Make sure analysis is holistic, meaning encompassing the whole company and the relationship of the accounts and their movements. This should help you understand why the company performed such way.
The analysis of Billkin Company performance shows that the company's liquidity deteriorated in year 2, and profitability also declined. However, the company's leverage position improved, and it was efficiently using its assets and equity to generate income.
The following are the calculations of different ratios for the given years,Year 1 ratios:
1. Liquidity Ratios
Current Ratio= Current Assets/Current Liabilities= 10,000/9,700= 1.03
Acid-test Ratio= (Cash+ Marketable Securities +Accounts Receivable)/Current Liabilities
= (6,000+2,500+500)/9,700= 0.91
Inventory Turnover= Cost of Goods Sold/ Inventory= 52,500/2,000= 26.25 times
2. Leverage Ratios
Debt-to-Equity Ratio= Total Debt/ Total Equity= (9,700+4,000)/14,924
= 1.10
Interest Coverage Ratio= Earnings before Interest and Taxes/ Interest Expense= 11,048/400= 27.62 times
3. Profitability Ratios
Net Profit Margin= Net Income/ Net Sales= 5,324/75,000= 0.07
Return on Total Assets= Net Income/Total Assets= 5,324/23,300= 0.23
Return on Equity= Net Income/Total Equity= 5,324/14,924= 0.36Year 2 ratios:
1. Liquidity Ratios
Current Ratio= Current Assets/Current Liabilities= 1,600/12,000=
0.13
Acid-test Ratio= (Cash+ Marketable Securities +Accounts Receivable)/Current Liabilities
= (1,600+8,000+10,000)/12,000
= 1.58
Inventory Turnover= Cost of Goods Sold/ Inventory
= 35,000/800
= 43.75 times
2. Leverage Ratios
Debt-to-Equity Ratio= Total Debt/ Total Equity= (12,000+4,000)/16,000= 0.875
Interest Coverage Ratio= Earnings before Interest and Taxes/ Interest Expense
= 5,000/400= 12.5 times
3. Profitability Ratios
Net Profit Margin= Net Income/ Net Sales= 2,300/50,000
= 0.046
Return on Total Assets= Net Income/Total Assets
= 2,300/32,000
= 0.072
Return on Equity= Net Income/Total Equity
= 2,300/16,000
= 0.144
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in the context of iot in the manufacturing industry, which model segments devices and equipment into hierarchical functions?
The Purdue Model for Control Hierarchy segments devices and equipment into hierarchical functions.
A hierarchical organization is an organizational structure in which every entity in the organization, except one, depends only on another entity. This arrangement is a form of hierarchy. In an organization, a hierarchy usually consists of a single power/group at the top with subsequent levels of authority below.
It is the dominant mode of organization among large organizations; Most corporations, governments, organized crime and religious enterprises are hierarchical organizations with different levels of management, power or authority. For example, a broad, high-level overview of the general organization of the Catholic Church includes the pope, then the cardinal, then the archbishop.
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Which of these producer activities did you participate in this week? Check all that apply.
U
I served people at a restaurant, hotel, coffee shop, or other business.
I worked in a bank, library, or retail store.
I created art to be sold in an art show
I made a product
I did yard work or other chores for pay.
Answer:
2nd and 4th
Explanation:
Answer:
2 and 4
Explanation:
According to the law of supply what's the result of an increase in the supply of workers for a job if all other factors remain equal?
Answer:
According to the law of supply, an increase in the supply of workers for a job if all other factors remain equal means the company wants to be efficient and it is also proof that the company is making more profit which signals the demand for the commodities they produced as increased drastically.
Explanation:
The law of supply work in the dimension of price, the number of goods available in the market, and it is hugely affected by demand. Now, when the price of goods decreases, it makes production by producers decrease as well and staffs are also laid off to avoid profit loss by the producers. This changes when the price of commodity increases as it makes producers of the commodity have the capacity to employ more staff to maximize time and this also causes the producers to increase sales. However, the higher demand for a commodity would also increase the supply of that commodity.
Answer:
The wage rate for that job will be pushed down.
Explanation: I just took the test and got it right
Employers in the global marketplace look for which one of the following? A. respect for differences B. a college degree in multicultural awareness C. critical thinking skills D. multi-lingual skills
Employers in the global marketplace look for respect for differences among the available options. The correct option is A.
Respect for differences refers to the ability to understand, appreciate, and navigate cultural, ethnic, and diverse perspectives. In today's interconnected world, businesses operate in diverse environments and interact with individuals from various backgrounds. Employers value employees who can demonstrate respect for differences and effectively collaborate with individuals from different cultures, languages, and perspectives. This skill promotes cultural competence, inclusivity, and effective communication, which are crucial in global business settings.
While other options such as a college degree in multicultural awareness, critical thinking skills, and multi-lingual skills are also valuable, respect for differences is a fundamental quality that underpins successful interactions and relationships in the global marketplace.
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telcom owns a phone network and provides phone network services to many consumers
Two modules validatecustomerid and registercustomer are unit tested individually. What kind of testing should be done to check whether registercustomer is calling validatecustomerid and validatecustomerid is called properly by registercustomer?
Two modules validate customer id and register customer are unit tested individually. Integration testing should be done to check whether register customer is calling validate customer id and validate customer id is called properly by register customer
Integration testing entails determines whether or not distinct modules perform well together.
Integration testing is a sort of software testing which involves merging of two or more modules to assess the flow between them.
Integration testing also ensures that the interactions between different software components which run smoothly and without difficulty.
Integration testing is a sort of software testing in which the various units, modules, or components of a software application are all evaluated together.
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Manufacturing overhead was estimated to be $618,000 for the year along with 20,600 direct labor hours. Actual manufacturing overhead was $598.430, and actual labor hours were 21,000 . The amount of manufacturing overhead applied to production would be: Multiple Choice A. $630.000 B. $628.300. C. $598,430.
A) the amount of manufacturing overhead applied to production is $630,000,
The amount of manufacturing overhead applied to production is calculated by multiplying the actual labor hours by the predetermined overhead rate. The predetermined overhead rate is determined by dividing the estimated manufacturing overhead by the estimated direct labor hours.
Predetermined overhead rate = Estimated manufacturing overhead / Estimated direct labor hours
Using the given information:
Estimated manufacturing overhead = $618,000
Estimated direct labor hours = 20,600
Predetermined overhead rate = $618,000 / 20,600 = $30
To find the amount of manufacturing overhead applied to production, we multiply the actual labor hours by the predetermined overhead rate:
Manufacturing overhead applied = Actual labor hours * Predetermined overhead rate
= 21,000 * $30
= $630,000
Therefore, the amount of manufacturing overhead applied to production is $630,000, which corresponds to option A.
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Why do you think assistant coaches play such a significant role in these scandals?
Answer:
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Explanation:
what are some pros and cons to using a credit card?
Answer:
Pro is that you can use it anytime to pay for something. Con is that sometimes people don't pay them off.
Answer:
Credit cards allow you to spend money that you don't have at that point in time. You basically take out a tiny loan every single time you use a credit card, but as with all lones that means the credit card charges you interest which is a problem when paying off credit card debt
Explanation:
If you had a choice how much are you willing to pay per month to have access to and use the various social media platforms?
Answer: $10 per month
Explanation:
$10 would be an ideal amount for me to pay to have access to the various social media sites if the major sites are on offer.
I think this amount reasonable because I do not use social media all that much but I would still like access to a variety of them. I would essentially therefore, be paying for my reduced time on the net.
Some might say that the companies might not make a profit if they charge $10 a month but I think they will because they make most of their money from ads so it would be good for them to offer the lowest subscription prices so that they can capture more people which will appeal to advertisers.
The difference between the cost to make a good and the price is the: A. Elasticity Curve B. Profit C. Supply Curve D. Demand Margin
Answer:
B. Profit
Explanation:
I hope this helps :)
Which is a source of passive income? (1 point)
O working as a consultant
O owning luxury cars
teaching about personal finance
O owning dividend stocks
Answer:
owning dividend stock is answer