Answer:
$270 million
Explanation:
Stealth bank has a deposit of $700 million
Stealth bank holds a reserve of $20 million
Government purchased bonds is $350 million
The bank loan is worth $600 million
The first step is to calculate the total assets
Assests= $600 million+$350 million+$20 million
= $970 million
Liabilities= $700 million
Therefore, stealth bank's net worth can be calculated as follows
Net worth= Assets-Liabilities
= $970 million-$700 million
= $270 million
Hence the net worth of stealth bank is $270 million.
Examples of financial manager investment decisions
Answer:
There are four main financial decisions- Capital Budgeting or Long term Investment decision (Application of funds), Capital Structure or Financing decision (Procurement of funds), Dividend decision (Distribution of funds) and Working Capital Management Decision in order to accomplish goal of the firm viz., to maximize
Open communication occurs best when:
a. people feel their opinions are valued.
b. people feel they will be rewarded, or at least not punished, for their opinions.
c. both a and b
d. neither a nor b
Describe how sales and consumer-related legislation and regulations affect the delivery of customer service
Health and safety legislation affects customer service delivery as it requires staff in an organization to ensure the safety of themselves and others, and act responsibly.
There are many perspectives like Changes to tax regulations and rates can have a significant impact on a business. For example, a fall in the rate of corporation tax reduces the amount of tax that corporations have to pay on their profits.
Customer service staff who deal with customers should know about the impacts and effects of legislation and regulations that protect the consumer when buying goods and services.
Governments issue regulations related to environmental practices, employee practices, advertising practices, and much more.
Government regulations affect how companies structure their businesses, where companies decide to locate, how they classify their employees and thousands of other things.
Environmental regulations, intended to protect human health and the environment, generally result in higher production costs and lower productivity in firms, which can lead them to shift investment and production to less stringent locations.
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Derek Davis, the sole proprietor of DD's Jam Shoppe, started trading on 1 January 2015 and provides you with the following list of balances which was extracted from his books on 31 March 2015. §. Inventory on 31 March 2015 was valued at · . ● Bank . Cash Accounts Receivable Accounts Payable Fixtures, Fittings and Equipment Premises Capital Transportation Out Discounts Wages and Salaries Utilities (including water rates) Rent Revenue Loan 1 Gross Income 1 654 6 875 9020/JANUARY/F 2016 699 450 7 780 25 000 396 160 4 750 1 180 1922 32 484 Additional information at 31 March 2015: Fixtures, Fittings and Equipment is to be depreciated at 20% per annum, using the straight line method. 185 3 000 2 560 8 793 One employee has not yet been paid his wages of $900. The Water Company has a credit of $160 for payment received in advance. 4 Mr Davis rents part of his shop premises to a tenant, who owes $1 500 in rent for the month of March. Interest is to be calculated on the Loan at the rate of 15% per annum.
Here is the financial statement for Derek Davis's sole proprietorship:
The financial statementDerek Davis, sole proprietor of DD's Jam Shoppe, had the following balances as of March 31, 2015:
Cash: $1,654
Accounts receivable: $6,875
Inventory: $9,020
Accounts payable: $4,500
Fixtures, fittings, and equipment: $7,780
Premises: $25,000
Capital: $39,616
Transportation out: $160
Discounts: $4,750
Wages and salaries: $1,180
Utilities (including water rates): $1,922
Rent revenue: $32,484
Loan: $185
Gross income: $8,793
Additional information:
Fixtures, fittings, and equipment are to be depreciated at 20% per annum, using the straight line method.
One employee has not yet been paid his wages of $900.
The Water Company has a credit of $160 for payment received in advance.
Mr. Davis rents part of his shop premises to a tenant, who owes $1,500 in rent for the month of March.
Interest is to be calculated on the Loan at the rate of 15% per annum.
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Countries like China and other developed economies are in the Neo classical zone. What is the best option for these countries to sustain their economies?
a.
Decrease aggregate demand
b.
Increase aggregate supply
c.
Move back to Keynesian Zone
d.
Move back to intermediate zone
Answer:
c. Move back to Keynesian Zone
Explanation:
The Keynesian zone is a model that states the stable level of GDP is far from potential GDP and that economy is in a period of recession. Unemployment is high and the demands shift from the right to left of the curve. It can be determined by the level of output and employment. The Neoclassical zone will occur when the right side of the curve is fairly vertical, a rise in demand will affect the process but will indirectly impact the output.What is a commodity
Answer:
Something useful or valuable.
Explanation:
Washtenaw Corporation uses a job-order costing system. The following data are for last year: Estimated Direct Labor Hours 14,000 Estimated Machine Hours 12,000 Estimated Manufacturing Overhead Cost $42,600 Actual Direct Labor Hours 11,000 Actual Machine Hours 13,000 Actual Manufacturing Overhead Cost $39,000 Washtenaw applies overhead using a predetermined rate based on direct labor-hours. What predetermined overhead rate was used last year
Answer:
$3.25 per direct labor-hour
Explanation:
Calculation for predetermined overhead rate was used last year
Predetermined overhead rate = $39,000 ÷ 12,000 direct labor-hours
Predetermined overhead rate= $3.25 per direct labor-hour
Therefore the predetermined overhead rate was used last year was $3.25 per direct labor-hour
Which factor is least important when choosing a financial service provider?
Α. fee structure
B. licenses
C. experience
D. website
customer retention numbers
Answer:
d
Explanation:
got it right on edmentum
What is the equilibrium quantity for phones?
Answer:
Readjusting once again to marketplace conditions, the next year the company produces 65,000 phones, with a retail price of $45. At the end of the year, the company’s sold almost its total supply of phones. It indicates that the equilibrium quantity of phones is 65,000, at a retail price of $45 (which would be the equilibrium price). More Resources
Explanation:
According to our curve, the equilibrium point initially is indicated by point E on the graph, but since the supply of cellphones has increased, quantity supplied increases to the graph indicated by S 1 S 1, this causes an excess of the product in the market resulting in a stiff competition which often sees the sellers reduce their prices. hope that helps.
Organizational cultures can be classified broadly based on how friendly employees are to each other (sociability) and how similarly they think and act (solidarity).
a. True
b. False
PLEASE HELP ASAP
An engineer has designed a valve that will regulate water pressure on an automobile engine. The valve was tested on 270 engines and the mean pressure was 6.0 pounds/square inch (psi). Assume the population standard deviation is 0.6. The engineer designed the valve such that it would produce a mean pressure of 6.1 psi. It is believed that the valve does not perform to the specifications. A level of significance of 0.05 will be used. Find the P-value of the test statistic. Round your answer to four decimal places.
Since the P-value is less than the significance level, = 0.05 , we reject the null hypothesis
Decision is reject H0
What is P-Value?The P-value is a crucial metric of statistical significance utilized to measure the probability of obtaining a result equal to or more extreme than the observed one, provided that the null hypothesis is accurate.
If its value is lower than the predetermined level of significance (most commonly set at 0.05), then rejecting the null hypothesis is justified. The smaller the calculated P-value, the stronger the evidence against the null conjecture. Consequently, its ample usage in hypothesis testing has established it as an essential element in assessing the wordiness of research findings.
How to solve:
Given :
Sample size, n = 270
Sample mean,
= 6
Population standard deviation,
= 0.6
Population mean,
= 6.1
Significance level,
= 0.05
P-value : 0.0061
P-value with test statistic z= -2.74 is
Conclusion :
There is sufficient evidence to support the claim that the valve does not perform to the specifications
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What material best described by "a heavy durable fabric with a short thick velvety nap on one side: a woven cloth with a suede-like appearance with a nap less that 1/18th of an inch"?
Doeskin is a strong durable fabric with a short thick velvety nap on one side: a woven cloth with a suede-like look with a nap less than 1/18th of an inch. Hence, the correct answer is Doeskin.
What exactly is Doeskin material?Tightly milled, twill weave, face finish, 100% Merino wool. It has a weight of 390gsm and a width of 142cms, and it comes in a variety of traditional and modern colors. The moniker "Doeskin" came from the fabric's resemblance to the skin of a female deer. Doeskin is the velvet-like split hide of an adult female deer. It is extensively utilized in the production of gloves. It rapidly receives dye. A tightly woven medium-weight wool fabric with a short soft nap, akin to duvetyn, is also referred to by the word.
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On July 1, the cash account balance was $36,310. During July, cash payments totaled $147,780 and the July 31 balance was $36,480.
For the month of July, there were $147,950 in cash receipts.
What are some instances of a cash account?In a cash account, the investor must pay the entire price for any securities they choose to acquire. It is against the law for an investor using a cash account to borrow funds from their broker-dealer in order to cover account transactions. (trading on margin).
What does a cash account with a negative balance of 1000 mean?Both assets and expenses have natural debit balances. This illustrates the debiting of positive asset and cost values and the crediting of negative balances. After receiving $1,000 in cash, for instance, a journal entry can include a debit of $1,000 to the cash account in the accounting program.
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50 POINTS WILL AWARD BRAINLIEST
JUST FIND THE NUMBERS THAT GO IN THE BLANKS AND GRAPH IF YOU CAN IF NOT IT'S OK. THANK YOU.
Answer:
i feel bad for you
Explanation:
i like school but thats extra
Which term best completes the diagram?
Product market
Revenue
Business
O A. Goods and services
OB. Natural resources
O C. Interest
O D. Wages
The correct answer is option A. Goods and services.
Goods and services
Goods and services are the output of an economic system. Goods are tangible items sold to customers, while services are tasks performed for the benefit of the recipients. Examples of goods are automobiles, appliances, and clothing. Examples of services are legal advice, house cleaning, and consulting services.
What are goods and services in marketing?
The goods and services market is where households purchase consumable items and businesses sell their wares. The market includes stores, the Internet, and any other place where consumer goods and services are exchanged.
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In your own words, define “ study habits.”
Answer:
Study skills, academic skill, or study strategies are approaches applied to learning. They are generally critical to success in school, considered essential for acquiring good grades, and useful for learning throughout one's life.
I don't know if that was the answer you were looking for.. but that's the best I can do.
Answer:
Study skills, academic skill, or study strategies are approaches applied to learning. They are generally critical to success in school, considered essential for acquiring good grades, and useful for learning throughout one's life.
Explanation: Hope it helps ^w^
1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.
1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.
This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.
In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
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Save our homes amendment, annual homestead assessment increases are limited to what maximum percentage
Save our homes' amendment, annual homestead assessment increases are limited to 3% is the maximum percentage.
What is annual homestead assessment?A Florida constitutional amendment known as "Save our Houses" became operative in 1995. It caps the annual growth in the assessed valuation of homestead properties to 3%, or whatever amount is less than the change in the National Consumer Price Index.
Voters changed the Florida Constitution in 1992, creating Amendment 10, which limits the Assessed Value of properties with Homestead Exemption to 3% or the Consumer Price Index, whichever is less.
Thus, 3% is the maximum percentage.
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Cavy Company estimates that the factory overhead for the following year will be $1,470,000. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 40,000 hours. The machine hours for the month of April for all of the jobs were 4,780.
Required:
Prepare the journal entry to apply factory overhead.
Answer and Explanation:
The journal entry to record the factory overhead is given below:
Predetermined Overhead rate is
= Estimated overhead ÷ Estimated machine hours
= $1,470,000 ÷ 40,000
= $36.75 per mh
Now journal entry is
Work in Process $175,665
To Factory Overhead $175,665 (4780 × 36.75)
(Being the factory overhead applied is recorded)
Here work in process is debited as it increased the assets and credited the factory overhead as it decreased the expense
Which of the following is an example of changing inputs in regard to equity theory?
a.
working more hours to move up the hierarchy
b.
working more hours if underpaid
c.
exerting less effort if underpaid
d.
exerting more effort if underpaid
e.
working at a higher rate if working on a piece-rate basis
An example of changing inputs with regard to equity theory is exerting less effort if underpaid. Thus, the correct answer is option C.
What is the equity theory?The goal of equity theory is to ascertain if the allocation of resources is equitable to both relational partners. The ratio of each person's advantages (or rewards) to contributions (or costs) is used to calculate equity. Equity theory, was first developed in the 1960s by J. Stacy Adams, who claimed that employees try to maintain equity between the contributions they make to a job and the results they get in comparison to the perceived contributions and results of others.
According to the Equity Theory, humans frequently design systems that allow resources to be equitably distributed among group members in order to maximise individual gains. Relationships with inequality will make those inside of them miserable to a degree proportional to the degree of inequality. The ratio of inputs to outcomes serves as the foundation for workplace equity. The employee's contributions to the organization are referred to as inputs.
Therefore, exerting less effort if underpaid is an example of changing inputs in regard to equity theory.
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Discuss the six HRM practices from which companies can choose for implementing their strategy. Illustrate by specific examples.
Answer:
Six practices of HRM are as :
Training and development.Recruitment and onboarding. Employee relations. Compensation and benefits. Risk management.Corporate policy.Explanation:
Recruitment and on boarding is the first strategy where the candidates are sourced and hired. Its is done to find the best talent for the job. Followed b the training and development to provide different approaches to candidates such as sexual harassment and cyber training. Compensation and benefits such as rocks of losing good talents and keeps the finger on the pulse of industry. Corporate policy done for internal communication's. Employee relation helps the workers deal with the situations.which of the following is an example of revolving credit?
A. A couple obtains a home mortgage
B. A woman borrows a company car
C. A man uses a personal line of credit
D. A teen gets a loan for college
An example of revolving credit is a man uses a personal line of credit.
What is revolving credit?Revolving credit is the type of credit that lets the borrower choose how much of the credit to use and when to pay it.
It is a type of credit that does not have a fixed number of payments, in contrast to installment credit.
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Answer:
c) A man uses a personal line of credit
Explanation:
also my mom's an accountant and has a degree for fiance
The Acmeville Metropolitan Bus Service currently charges $0.88 for an all-day ticket and is used by an average of 513 riders a day. The bus company is not earning a profit, but according to their contract with the city, they cannot cut the number of buses on the road. They must, therefore, find a way to increase revenues. The bus company is considering increasing the ticket price to $0.99 . The marketing department's studies indicate this price increase would reduce usage to 363 riders per day. Calculate the price elasticity of demand using the midpoint method for bus tickets to determine if the bus company should increase price or decrease price to increase revenues. Enter your answer as an absolute value and round it to two places after the decimal. price elasticity of demand: Determine if demand is elastic or inelastic and what this implies regarding how ticket prices affect revenue. Demand is inelastic, so increasing ticket prices will increase revenue. Demand is inelastic, so decreasing ticket prices will increase revenue. Demand is elastic, so increasing ticket prices will increase revenue. Demand is elastic, so decreasing ticket prices will increase revenue.
Answer:
Price elasticity of demand = Change in Quantity/ Change in Price
Using midpoint formula;
Change in Quantity ;
\(= \frac{Q2 - Q1}{\frac{Q1 + Q2}{2} } \\\\= \frac{363 - 513}{\frac{513 + 363}{2} }\\\\= -0.342\)
Change in Price;
\(= \frac{P2 - P1}{\frac{P1 + P2}{2} } \\\\= \frac{0.99 - 0.88}{\frac{0.99 + 0.88}{2} }\\\\= 0.118\)
Price elasticity of demand = -0.342/0.118
= -2.90
Demand is elastic, so decreasing ticket prices will increase revenue.
When the elasticity is larger than 1 it means that a 1% change in price will change demand by more than 1%. In this case, a a decrease of price by 1% will bring 2.9% increase in customers.
The price of elasticity is -$2.90. So, the condition is demand is elastic decrease, and will increase. Thus, the correct option is "Demand is elastic, so decreasing ticket prices will increase revenue.".
High-priced items are frequently extremely elastic because buyers are willing to buy at a lower price if prices decline.
Goods with many alternatives or rivals are elastic because consumers transfer purchases to replacement items when the price of the thing rises.
Here,
Calculate the change in Quantity as follows:
\(\frac{Q2-Q1}{\frac{Q1-Q2}{2} } \\\frac{363-513}{\frac{513-363}{2} } \\-0.342\)
Calculate the change in price as follows:
\(\frac{P2-P1}{\frac{P1+P2}{2} } \\\frac{0.99-0.88}{\frac{0.88+0.99}{2} } \\0.118\)
Calculate the price elasticity of demand as follows:
Price elasticity of demand = Change in Quantity/ Change in Price
\(\frac{-0.342}{0.118} \\-2.90\)
Therefore, the correct option is "Demand is elastic, so decreasing ticket prices will increase revenue." and also the price is -$2.90.
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Question 3 of 5
Which phrase best completes the diagram?
Protect citizens
Characteristics of
Governments
?
A. Support one religious group
B. Create a fair constitution
C. Make economic decisions
D. Give all citizens the right to vote
Divide political power
SUBMIT
Answer:
Not very sure but I think the answer is B or C
Suppose that the change in a product's price is 10%, and this causes an 8% change in quantity demanded. The product's demand elasticity is
The concept of demand elasticity is crucial for understanding the relationship between changes in price and changes in quantity demanded of a product.
In this scenario, we are given that the change in the price of a product is 10%, and this leads to an 8% change in the quantity demanded. We can use this information to calculate the product's demand elasticity.
Demand elasticity is the measure of the responsiveness of the quantity demanded of a product to changes in its price. It is calculated as the percentage change in quantity demanded divided by the percentage change in price. Therefore, in this scenario, the demand elasticity can be calculated as:
Demand elasticity = (% change in quantity demanded) / (% change in price)
Demand elasticity = (8% / 10%)
Demand elasticity = 0.8
The demand elasticity in this scenario is 0.8, which means that the product's demand is relatively inelastic. Inelastic demand means that changes in price have a relatively small impact on the quantity demanded of the product. This is because the percentage change in quantity demanded is less than the percentage change in price.
Overall, understanding the concept of demand elasticity is essential for businesses to make informed decisions about pricing strategies. In this scenario, the product's relatively inelastic demand suggests that changes in price may not have a significant impact on the quantity demanded, and businesses may need to consider other factors when deciding on pricing strategies.
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Which of the following is not one of the consequences a hotel can face for not enforcing rate parity?
legal action
financial penalty
reduction of search ranking
removal from the website
Answer:
I think it would be removal from the website
Explanation:
^^^
Identify which of the following are properly reported in a statement of cash flows. (Check all that apply.)
In the statement of cash flows, these transactions would be listed under investing activities from
Investments in securities and plant assets were purchased with cash. The correct option is A. Cash flows from operating activities
Your organization's cash flow articulation depends on the cash flow from successful management operations, which is used to demonstrate the impact of these efforts on cash flow. For this action, figure out how to compute it. Contributing activities refer to any transactions that directly affect long-term assets.
This may include buying a building, giving away equipment, or investing money in stocks. Once completed, information on the cash flow proclamation of an organisation is given to these activities.Every time a delayed resource is purchased, organization's cash flow is reduced.
complete question:
Identify which of the following are properly reported in a statement of cash flows. (Check all that apply.)
Options for this question include:
A. Cash flows from operating activities
B. Cash flows from financing activities
C. Cash flows from investing activities
D. Cash flows from income actvities
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What are the arguments for and against using artificial intelligence (AI) in a business? Explain in your own words.
Answer:
Experts of Man-made consciousness (artificial intelligence)
The experts of computer based intelligence applications might alter areas or ventures going ahead in significant ways, including the accompanying:
1. Lessens Human Blunder
2. Works with Quicker Independent direction
3. Offers Constant day in and day out Accessibility
4. Decreases Chance
Cons of Man-made brainpower (computer based intelligence)
Artificial intelligence isn't invulnerable from inconveniences and dangerous worries, including these six:
1. Requires Higher In general Expenses
2. Decreases Business
3. Needs Innovative Capacity
Explanation:
The arguments for and against using artificial intelligence (AI) in a business are High Costs of Creation, making humans lazy, no emotions, reduction in out of box thinking.
The firms that have successfully expanded AI across the organization and realized meaningful returns on their investments tend to allocate 10% of their AI budget to algorithms, 20% to technologies, and 70% to integrating AI into agile business processes.
In other words, these businesses spend twice as much on personnel and organizational procedures as they do on technology.Businesses that underinvest in people and processes quickly lose ground in the AI race. That's because starting a string of fruitful AI scale pilots is quite simple.
To use AI at scale across the organization, the proper strategy and attention on change management are essential.Companies will need to look beyond automation in order to realize meaningful financial gains from their equipment—and should instead concentrate on organizational change and learning.
A symbiotic relationship is required, in which businesses use whatever human-machine interaction the situation necessitates and adjust as necessary to changing environments, situations, and scenarios.
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A company purchased $3,300 of merchandise on July 5 with terms 3/10, n/30. On July 7, it returned $900 worth of merchandise. On July 12, it paid the full amount due. Assuming the company uses a perpetual inventory system, and records purchases using the gross method, the correct journal entry to record the payment on July 12 is:
The correct journal entry would be Debit Accounts Payable $2,300 ; Credit Merchandise Inventory $46 and Credit Cash $2,254.
A bookkeeping method known as the double entry or journal entry involves recording transactions in two or more accounts. The majority of transactions involve two accounts. The difference between the two accounts gets credited to the other. Moreover, both accounts could be credited or debited. More than two entries may be necessary for some transactions. The transactions that have an impact on more than two accounts are those. For instance, things that are discounted or that are partially paid for with credit and partially with cash. Compound entries are used in the journals for these transactions.
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The complete question is: A company purchased $3,200 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $900 worth of merchandise. On July 12, it paid the full amount due. Assuming the company uses a perpetual inventory system, and records purchases using the gross method, the correct journal entry to record the payment on July 12 is:
Your restaurant revenue is $710,000, expenses total $890,000, and your total invest is $3 million what is your return investment?
Answer:
Return on investment = -6%
Explanation:
Given:
Gross revenue of restaurant = $710,000
Total expenses of restaurant = $890,000
Total investment = $3,000,000
Find:
Return on investment
Computation:
Net profit = $710,000 - $890,000
⇒ Net profit = -$180,000
Return on investment = [Net profit / Total investment]100
⇒ Return on investment = [-180,000 / 3,000,000]100
⇒ Return on investment = [-0.06]100
Return on investment = -6%