Answer:
a.)
The court has to hear the arguments from both side of the party , analyze the arguments that has imposed by the party on each other. And after analyzing, the court decide the judgement.
b.)
If I were the judge , then i would not consider the case under racial harassment .
Because the country has an argument that Palmer had gotten the job as part of a voluntary affirmative action plan designed to achieve a work force that reflected the race and gender composition of the county.
Also , we know others law that says about equal employment has to give to the person without any discrimination.
c.)
To lower down the illegal occupation activities , proper plan of the workspace is must.
Steps required for workspace planning -
1. Objective of Business
2. Current workforce
3. Workers Necessity
4. Gap Minimization
5. Action plan review.
Explanation:
As given,
Paul Martin had worked for 12 years for the department of transportation when he applied for a promotion to dispatcher.
Martin scored 75 on an interview test.
Betty Palmer, another candidate, scored 73 and got the job.
a.)
The court has to hear the arguments from both side of the party , analyze the arguments that has imposed by the party on each other. And after analyzing, the court decide the judgement.
b.)
If I were the judge , then i would not consider the case under racial harassment .
Because the country has an argument that Palmer had gotten the job as part of a voluntary affirmative action plan designed to achieve a work force that reflected the race and gender composition of the county.
Also , we know others law that says about equal employment has to give to the person without any discrimination.
c.)
To lower down the illegal occupation activities , proper plan of the workspace is must.
Steps required for workspace planning -
1. Objective of Business
2. Current workforce
3. Workers Necessity
4. Gap Minimization
5. Action plan review.
What is the difference between your assets and your liabilities known as?
O A. your budget variance
OB. your profits
OC. your savings
OD. your net worth
The difference between your assets and your liabilities known as your net worth.
What is equity?Equity is a business term in business or accounting, used to describe the right of the owners of a business assets after the liabilities have been deducted.
In an organization, assets are resources that the company owns. It is everything a business owns, which are cash, equipment, inventory, and investments, while liabilities are obligations that the company have – the difference between them is equity.
Equity is important because it represents the value of an investor's stake in a company, represented by the proportion of its shares. Owning stock in a company gives shareholders the potential for capital gains and dividends.
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Small businesses do not operate in the manufacturing and mining sectors of the economy.
True
False
the following balance where extracted from the book of Alfsal, a sole trader as at 31/12/2014 capital 198000 ,drawing 10700, building 300000, office equipment (cost le 22000) 15000, patent 24000, delivery van at cost63000, Accumulated depreciation delivery vans 14000, stock 01/01/2014 29000, sale485,000, purchase 196000, return outward 5300, return inward 17000, creditor 21900, debtor 34800, discount received 1400, wages and salaries 105,000, general expenses 13000,stationary 4800, tem loan(received on 01/04/2014) 50,000. vat 17300. provision for bad debts 2500. Advertising 5700. insurance 9,000. loan interest paid 1,000. bank42,600. PRSI/USU 10,200. profit and loss balance 01/01/2014 65,000. you are given the following aditional information: stock for resale at 31/12/2014 was le 19,000. stationary paid in advance was le 1,200. provision should be made for interest due on loan. the rate of interest is 6%per annum. wages and salaries are to be divided 75%for employees and drawings. building 10% of cost. delivery van 10% of net book value. office equipment 20% of cost. provision for bad debts is to be adjusted to 10% of debtors . you are required to prepare a trading and profit and loss account for the year ended 31/ 12/2014. balance sheet as at 31/12/2014.
Here is the trading and profit and loss account for the year ended 31/12/2014:
The Trading and Profit and Loss AccountFor the year ended 31/12/2014
Particulars Amount
Sales €485,000
Less: Cost of Goods Sold €196,000
Gross Profit €289,000
Less: Expenses
- Wages and Salaries (75%) €78,750
- General Expenses €13,000
- Stationary €4,800
- VAT €17,300
- Provision for Bad Debts €3,480
- Advertising €5,700
- Insurance €9,000
- Loan Interest €600
- PRSI/USU €10,200
Net Profit €157,370
Here is the balance sheet as at 31/12/2014:
Balance Sheet
As at 31/12/2014
Assets Liabilities
Cash €42,600
Bank €1,200
Debtors €34,800
Stock €19,000
Capital €213,570
Drawings €10,700
Building €300,000
Office Equipment €15,000
Patent €24,000
Delivery Vans €49,000
Accumulated Depreciation €28,000
Provision for Bad Debts €3,730
Loan €50,000
Profit and Loss €157,370
Total €618,570
Total €618,570
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"Group decision making is better". Do you agree or disagree with the statement? Give 3 reasons why do you say so?
Answer:
I agree because it make the group bring out more ideals
sometimes group decision make some people to voice out their problems
group decision help organization and firms to operate in good aims
The Bountiful Bakery is considering hiring another pastry chef. The bakery knows the average product of its chefs currently is 15 dozen croissants per day. It also believes that the next chef hired will produce an extra 12 dozen croissants per day. A dozen croissants sell for $30. The bakery should hire another worker:
Answer: only if the new chef's daily wage is $360 or less.
Explanation:
It should be noted that the decision with regards to hiring a new chef will be made by the company when the marginal value product is more than the marginal cost.
The marginal value product here will be: = (12 × $30) = $360. Therefore, The bakery should hire another worker only if the new chef's daily wage is $360 or less.
how lack of planning can affect getting the job done as a hospitality supervisor?
The lack of planning can affect getting the job done as a hospitality supervisor as it can bring about high risks.
What is planning?It should be noted that planning simply means the stores that are put in place to achieve a desired goal.
In this case, the lack of planning can affect getting the job done as a hospitality supervisor as it can bring about high risks in the company.
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When constructing the consumer price index, the Bureau of Labor Statistics does not do which of the following?
a. Try to weight the goods and services that the typical consumer buys according to how much consumers buy of each item.
b. Try to include all the goods and services that the typical consumer buys.
c. Survey consumers to determine what the typical consumer buys.
d. Survey sellers to determine what the typical consumer buys.
When constructing the CPI, the BLS does not D: "survey sellers to determine what the typical consumer buys".
The Bureau of Labor Statistics (BLS) is responsible for constructing the Consumer Price Index (CPI), which is a measure of inflation that tracks changes in the prices of a basket of goods and services that the typical consumer buys. When constructing the CPI, the BLS does not survey sellers to determine what the typical consumer buys.
Instead, the BLS uses a number of other methods to determine the composition of the CPI basket, such as surveying consumers, analyzing household expenditure data, and consulting with experts. The goal of the CPI is to accurately reflect the prices that consumers pay for the goods and services they buy, so it is important for the BLS to use a variety of methods to ensure that the CPI basket is representative of the typical consumer.
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To record the purchase of supplies for cash, the correct entry in the accounting equation would include an increase to (equipment/cash/supplies) ________ and a decrease to (e/c/s) __________
Answer:
The answer is increase supplies and decrease cash
Explanation:
The correct entry is to:
Dr Supplies
Cr Cash
To debit supplies account means to increase it while to credit cash means decrease cash account.
Note:
Increase in asset and expense(debit side) while decrease in asset and expense(credit side)
Decrease in income, equity and liability(debit side) while increase in income, equity and liability( (credit side)
Prove shylock is stubborn
You are given the following particulars of a business having three departments: 963
Department
Purchases
Opening Stock
A
200 units
B
300 units
ISO units
71
1500 units
1000 units
2000 units
Additional Information:
1. Purchases were made at total cost of Rs.92,000.
2. The % of gross profit on turnover is the same in each case.
3. Purchases & Sales prices are constant for the last 2 years.
4. Selling price per unit:
A
Department
B
C
You are required to prepare Departmental Trading Account.
Closing Stock
100 units
160 units
200 units
Rs.
20
25
30
Explain the term bread basket as it relates to inflation
Bread basket or a basket of goods in relation to inflation is used to describe a fixed set of consumer goods which are periodically valued on a monthly or annual basis.
What is Basket of Goods?In ascertaining the basket of goods, the Consumer Price Index (CPI) is used.
This is a measure that elucidates the weighted average of prices of a basket of consumer goods and services which may include transportation, food, and medical care.
This is calculated by ascetaining the average of the prices of each item price in the predetermined basket of goods.
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How do you think entrepreneurship could help school leaners not to become an unemployment statistic
Answer:
show them how to become business owners
Being an entrepreneurship could help school leavers or drop out not to become an unemployment statistics because they are depending on your personal business.
Even without a good government job, as an entrepreneurship, one can create a self employed job on their own
In conclusion, the entrepreneurship helps school learners not to become an unemployment statistic because its allows them own their business independently.
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QUESTION 11
Whether targeting consumers or resellers, marketers need to focus on:
O Buying center synergy.
O Corporate profit sharing
O Reducing derived demand
O Creating value for their customers
Marketers need to focus on creating value for their customers. The Option D.
Why is creating value for customers crucial for marketers?Creating value for customers is crucial for marketers as it directly impacts customer satisfaction and loyalty. When marketers prioritize creating value, they focus on understanding customer needs and preferences, developing products or services that meet those needs and delivering exceptional customer experiences.
By doing so, they differentiate themselves from competitors, build strong customer relationships and drive business growth. When customers perceive value in what a company offers, they are more likely to make repeat purchases.
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Hawley Enterprises has total assets of $387 million and total liabilities of $115 million. What is their debt to assets ratio
Answer:
The debt to asset ratio would be 29.7%
Explanation:
The debt to asset ratio is the total liabilities divided by total assets so, 115/387= 0.2971 or 29.71%
Employee gross wages due for the month of December were $16,000. Bengal withheld cash for payroll liabilities consisting of FICA taxes of $1,250, and employee income taxes of $1,100. The remaining net cash due to the employees was paid to the employees on December 30th. Record two journal entries, #1 for December's wage expense, and #2 for December's payroll tax match.
Journal Entry #1:
Debit: Wage Expense for $16,000
Credit: Cash for $13,650
Credit: Employee Income Tax Payable for $1,100
Credit: FICA Taxes Payable for $1,250
Explanation: The company records the wage expense for December and the payment of net cash due to employees after withholding taxes.
Journal Entry #2:
Debit: FICA Taxes Payable for $1,250
Credit: FICA Taxes Expense for $1,250
Explanation: The company records the payroll tax match for FICA taxes for December.
The new team leader is a seasoned executive recognized for her strengths in leadership and team structuring. She also has the political influence to fight any battles external to the team and garner additional resources. She asks you to choose up to two additional team members based on roles still needed within the team. Which new team members will you choose
Answer:
Explanation:
There is not enough data to answer that, imo, is there a group to choose from?
She might want to choose similarly minded people who will support her fight. Yet, a team should be balanced to fill all roles. Can you give more context to this question?
Over the last three years, Christmas tree prices have increased from an average of $35 per tree to over $75 per tree. How would a Christmas tree farm and the overall industry respond to the price change under the following circumstances
The Christmas tree farm would respond by:
In the short run, producers are going to earn profits and also increase their supply of the product.This is what usually happens whenever there is an increase in the prices of goods in the supply side of the market.
As the prices would go up, the producers would want to take advantage of the increases to make as much gain as they can from the market.
This is only short term profit. Therefore the supply is going to be inelastic. The demand is only going to available for a short while.
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The information of manufacturing cost of product A and products B in
THANH company in 200N as follows:
Production cost per unit (S)
Product A
Materials 200
Wages 100
Fixed overhead 350
Variable overhead 150
Profit 200
Selling price 1000
Output per week 200
Product B
Materials 150
Wages 200
Fixed overhead 100
Variable overhead 200
Profit 350
Selling price 1000
Output per week 100
Required:
Comments on the relative profitability of product A and products B in THANH company in 200N
Manufacturing cost of both product A and product B have a profit margin of $0 per unit.
To assess the relative profitability of product A and product B in the THANH company in 200N, we need to compare their profit margins. Profit margin is calculated by subtracting the production cost per unit from the selling price per unit.
Let's calculate the profit margins for both products:
Product A:
Selling price per unit: $1000
Production cost per unit: $200 (Materials) + $100 (Wages) + $350 (Fixed overhead) + $150 (Variable overhead) + $200 (Profit) = $1000
Profit margin per unit = Selling price per unit - Production cost per unit = $1000 - $1000 = $0
Product B:
Selling price per unit: $1000
Production cost per unit: $150 (Materials) + $200 (Wages) + $100 (Fixed overhead) + $200 (Variable overhead) + $350 (Profit) = $1000
Profit margin per unit = Selling price per unit - Production cost per unit = $1000 - $1000 = $0
From the calculations, both product A and product B have a profit margin of $0 per unit.
Based solely on the profit margins, it appears that neither product A nor product B is profitable for the THANH company in 200N. However, it's important to note that this analysis only considers the production cost per unit and does not take into account other factors such as demand, market conditions, or overall company profitability.
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Due to the nature of city infrastructure and existing taxi systems, Uber faces regulatory battles in many cities. In turn, as Brad Stone put it, the leaders of
Uber must be good "storytellers" when talking to city government officials. Explain these challenges in terms of encoding and decoding barriers and how
Uber needs to frame their messaging.
Uber faces encoding and decoding barriers when communicating with city government officials. By framing their messaging appropriately and addressing the concerns of the officials, they can navigate the regulatory battles and gain acceptance in cities.
Uber faces regulatory battles in many cities due to the nature of city infrastructure and existing taxi systems. This can be explained in terms of encoding and decoding barriers.
Encoding refers to the process of creating a message, while decoding is the process of interpreting the message. In the case of Uber, the leaders must encode their message in a way that city government officials can understand and relate to. This involves framing their messaging in a way that addresses the concerns and priorities of the city officials.
The challenges arise from the different perspectives and priorities of the stakeholders involved. City government officials may have concerns about the impact of Uber on existing taxi systems, public safety, and congestion. Uber needs to frame their messaging to address these concerns, emphasizing the benefits of their service such as increased convenience, reduced emissions, and job opportunities.
To overcome these challenges, Uber must be good "storytellers" and effectively communicate their message. They need to present their case in a persuasive and compelling manner, highlighting the positive impact they can have on the city and its residents. This involves understanding the concerns of the city officials and tailoring their messaging to address those concerns directly.
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Does the judicial system provide justice? Why or why not?
Yes. The judicial system provide justice because of the effectiveness and fairness of the judicial system. Key points are: Objective Standards and Due Process, Legal Interpretation and Application, Access to Justice, Procedural Delays and Backlogs.
Objective Standards and Due Process: The judicial system operates based on established laws, legal principles, and constitutional rights. The framework of laws and due process aims to ensure fairness and impartiality in legal proceedings.
Legal Interpretation and Application: Interpreting and applying laws to individual cases can be challenging. Judges play a crucial role in interpreting the law and making decisions based on the specific circumstances of each case.
Access to Justice: The accessibility of the judicial system is a vital aspect of justice. Equal access to legal representation, resources, and the courts is essential to ensure fairness.
Procedural Delays and Backlogs: Lengthy procedural delays and backlogs in the judicial system can compromise justice. Delayed justice may result in prolonged suffering, loss of evidence, and diminished public trust in the system.
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Fragmental Co. leased a portion of its store to another company for eight months beginning on October 1, at a monthly rate of $975. Fragmental collected the entire $7,800 cash on October 1 and recorded it as unearned revenue. Assuming adjusting entries are only made at year-end, the adjusting entry made by Fragmental Co. on December 31 would be:
Answer:
Debit to Unearned Rent
Credit to Rent Earned for $2,925
Explanation:
Given:
Amount of total rent = $7,800
Computation:
Amount unearned = Amount of total rent (3months / 8 months)
Amount unearned = 7,800 [3/8]
Amount unearned = $2,925
Journal entry:
Unearned rent A/c Dr $2,925
Rent A/c Cr $2,925
[Debit to Unearned Rent
Credit to Rent Earned for $2,925]
The technique used to conclude about the population on the basis of a sample is called
Connect information which relates.
Inside-out perspective Choose..
competitive intelligence
the organisation's goals and values
the resources and capabilities to achieve competitive advantage
the industry environment
Competitive intelligence bridges the gap between the organization's goals and values, the industry environment, and the resources and capabilities necessary to gain a competitive edge. The correct option is a.
Competitive intelligence plays a crucial role in connecting the organization's goals and values with the industry environment and the resources and capabilities required to achieve competitive advantage. Competitive intelligence involves gathering and analyzing information about competitors, market trends, and customer preferences to gain insights and make informed business decisions.
By understanding the industry environment through competitive intelligence, organizations can identify opportunities and potential threats. This knowledge helps align the organization's goals and values with the external factors impacting its success. For example, if the industry is shifting towards sustainable practices, an organization that values environmental responsibility can leverage this trend to enhance its competitive position.
Furthermore, competitive intelligence helps identify the resources and capabilities needed to achieve competitive advantage. It provides insights into the strengths and weaknesses of competitors, allowing organizations to benchmark their own capabilities and identify areas for improvement. This knowledge can guide strategic planning and resource allocation, ensuring that the organization aligns its resources with its competitive goals. The correct option is a.
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Your friend is trying to establish good credit. Your friend is thinking about taking out a $15,000 auto loan to establish some credit on his credit report. Do you think this is a good idea for your friend to do this? Do you have an alternate suggestion? Why?
Answer:
I think this is a good idea if my friend has the income (job) to repay the loan and not miss a payment, and doing that will help build credit.
If my friend takes out the loan and knows it will not be repaid back on time and misses deadlines, it would be a bad idea to take the loan in the first place.
Another suggestion would be paying for groceries, gas, etc., and repay back if you have an income and build great credit that way.
Also, you can have a parent/guardian add you to their credit account, so let's say my friend's mother adds my friend to her account, and when the mother makes her payments, it will help my friend build credit.
When production is greater than sales ______ affected. Multiple choice question. only the fixed production cost variance is only the variable production cost variance is both the fixed production cost and variable production cost variances are neither the fixed production cost or variable production cost variances are
variable costing will show higher net income than the absorption costing
Sylvia Baxter reaches an agreed upon selling
When Sylvia Baxter reaches an agreed-upon selling price, it means that she and the buyer have negotiated and come to a mutual agreement on the price at which the item or property will be sold, and they have signed a legally binding sales agreement or contract.
Based on the information you provided, Sylvia Baxter has reached an agreed-upon selling price for a particular item or property. This means that she and the buyer have come to a mutual agreement on the price at which the item or property will be sold.
When negotiating a selling price, it's important for both parties to consider several factors, such as the current market value of the item or property, its condition, and any unique features or attributes that may affect its value. Additionally, both parties should be clear about any terms and conditions of the sale, such as the date of transfer of ownership, any repairs or renovations that need to be made before the sale, and any financing or payment arrangements.
Once the selling price has been agreed upon, both parties will typically sign a sales agreement or contract that outlines the terms of the sale. This document serves as a legally binding agreement between the buyer and seller and ensures that both parties are aware of their rights and obligations.
In summary, when Sylvia Baxter reaches an agreed-upon selling price, it means that she and the buyer have negotiated and come to a mutual agreement on the price at which the item or property will be sold, and they have signed a legally binding sales agreement or contract.
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A corporation uses the indirect method for preparing the statement of cash flows. A fixed asset has been sold for $21,832 representing a loss of $3,248. Determine the amount that would appear in the operating activities section of the statement of cash flows based on this transaction.
In the operating activities section of the statement of cash flows, the amount related to this transaction would be the loss of $3,248 added back to the net income.
In the indirect method of preparing the statement of cash flows, the operating activities section includes adjustments to net income for non-cash items and changes in working capital. The sale of a fixed asset and the loss incurred from it are both non-cash items that need to be considered.
Since the loss from the sale of the fixed asset is $3,248, this loss is added back to the net income when calculating the operating activities section. This is because the loss is a non-cash expense and does not represent an actual outflow of cash.
Therefore, in the operating activities section of the statement of cash flows, the amount related to this transaction would be the loss of $3,248 added back to the net income. This adjustment would increase the net income by $3,248 in the operating activities section, reflecting that the loss from the sale of the fixed asset does not affect the cash generated or used by the operating activities of the corporation.
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2. Carson Inc.'s manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's returns will have the probability distribution shown below. What's the coefficient variation for this firm’s returns??
Economic
Conditions Prob. Return
Strong 25% 30.0%
Normal 45% 12.0%
Weak 30% -14.0%
The coefficient variation for Carson Inc.'s returns is 4.06.
The coefficient of variation (CV) is a measure of relative dispersion or risk for a set of data. It is calculated as the standard deviation divided by the mean of the data, expressed as a percentage.
First, we need to calculate the expected return for Carson Inc.'s returns:
Expected return = (0.25 x 0.30) + (0.45 x 0.12) + (0.30 x -0.14) = 0.045 or 4.5%
Next, we need to calculate the standard deviation
Standard deviation = √((0.25 x (0.30 - 0.045)²) + (0.45 x (0.12 - 0.045)²) + (0.30 x (-0.14 - 0.045)²)) = 0.1828 or 18.28%
Finally, we can calculate the coefficient of variation
Coefficient of variation = standard deviation / expected return = 0.1828 / 0.045 = 4.06
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Oki Company pays $306,200 for equipment expected to last four years and have a $30,000 salvage value. Prepare journal entries to
record the following costs related to the equipment.
1. Paid $25,950 cash for a new component that increased the equipment's productivity.
2. Paid $6,488 cash for minor repairs necessary to keep the equipment working well.
3. Paid $18,900 cash for significant repairs to increase the useful life of the equipment from four to seven years.
The Oki Company journal entries are the arranged the Debit and the Credit are the amount of the equipments.
What is equipments?
The term equipment refer to the specific tools used in the performing the particular process. The equipment are the used to fulfill the task. The task and the work are the used of the different equipments.
Oki Company journal entries
Particulars Debit Credit
Equipment $25,950
Cash $25,950
Particulars Debit Credit
Repair and maintenance expense $6,488
Cash $6,488
Particulars Debit Credit
Equipment $14,870
Cash $14,870
As a result, the Oki Company journal entries are the arranged the Debit and the Credit are the amount on the equipments.
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Wages for a business should be about 32 percent of gross revenue. Does the Y Sample T-Shirt Company, INC make enough revenue to hire another employee?
Yes, Sample T-Shirt Company, INC currently only spends 21% of its budget on staff salaries at the moment. They therefore have room to increase this to 32%.
What does gross revenue mean?Gross revenue, commonly referred to as gross income, is the whole amount of money made by a business, excluding any amounts that have been or will be utilized for expenses.Gross income is the total of all incomes, salaries, profits, interest payments, rents, and other kinds of income for families and people before any deductions or taxes. It differs from net income, which is calculated as gross income less any applicable taxes and other deductions.Gross revenue is the sum of money a company makes from sales in a specific time frame. Net revenue is the difference between a company's sales for a specific time period and its expenses for that same time period.Learn more about gross revenue refer to :
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