The time between when the firm pays its suppliers and when it collects money from its customers is known as the cash conversion cycle.
The Cash conversion cycle is also knows as cash-to-cash cycle time.
It is the time which lies between when any business pays its suppliers and when the business receives payment from its customers.
It is usually expressed in days.
Cash conversion cycle is calculated as:
ƒ (Days of Inventory Outstanding) + (Days of Sales Outstanding) - (Days of Payables Outstanding)
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how are you avalon23413?
Answer:
im great
Explanation:
What does the concept of scarcity explain?choose three answers
The concept of scarcity explains:
why consumers are willing to pay high prices for items.why decisions must be made on how to use resourceswhy a single resource has more value than another resource.Scarcity as an economic idea "refers back to the basic reality of lifestyles that there exists most effective a finite quantity of human and nonhuman resources which the first-rate technical expertise is capable of the usage of to provide most effective restricted most amounts of each economic appropriate. shortage in economics refers to whilst the call for for a resource is greater than the deliver of that aid, as assets are limited. shortage consequences in purchasers having to make selections on how high-quality to allocate assets a good way to satisfy all simple needs and as many desires as feasible. shortage refers back to the confined availability of a useful resource in contrast to the infinite desires. shortage may be with appreciate to any natural assets or with admire to any scarce commodity. scarcity can also be called paucity of sources.
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Answer:
why consumers are willing to pay high prices for items.
why decisions must be made on how to use resources
why a single resource has more value than another resource.
Explanation:
why a product could lose significant value over time.
why people continue to purchase different products.
why consumers are willing to pay high prices for items.
why decisions must be made on how to use resources
why resources can be both renewable and nonrenewable.
why a single resource has more value than another resource.
(i took the test)
Business strategy, as a level of the company's strategy-making process, is Multiple choice question. the strategic initiatives and approaches for managing key operating units and specific operating activities. focused on improving the competitive strength of a single business unit or nondiversified business. concerned with the actions related to particular functions or processes within a business. the overall companywide game plan for managing a set of businesses.
Answer:
concerned with the actions related to particular functions or processes within a business. the overall companywide game plan for managing a set of businesses.
Explanation:
Business strategy, as a level of the company's strategy-making process, is Multiple choice question. the strategic initiatives and approaches for managing key operating units and specific operating activities. focused on improving the competitive strength of a single business unit or non diversified business. co
HELPPPP PLEASE I WILL GIVE YOU BRAINLIST
Suppose you are going to buy a car. How do larger economic factors influence the pursuit of this goal.
A financial goal that I have is to have a well-paying job as I get out of high school so I can afford to go to a University of my choice. This way I won't be in crippling debt and have to take out massive student loans. However, inflation as well as taxes will influence this. Income taxes will force me to have to give up some of my hard-earned money, which will significantly reduce the amount of money I actually make.
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Refer back to the original information. Blake has decided to add stadium blankets to his product line. He has found a supplier who will provide the blankets for $32, and he plans to sell them for $60. All other variable costs currently incurred for selling mascots will be incurred for selling blankets at the same rate. Additional fixed costs of $125 per month will be incurred. He believes he can sell one blanket for every four stuffed mascots. How many blankets and stuffed mascots will Blake need to sell each month in order to break even? Round all amounts to two decimal places.
Answer:
Blake must sell 80 blankets and 320 stuffed mascots in order to break even.
Explanation:
The question is incomplete, the accounts are missing, so I looked for them:
February March
Sales revenue $25,000 $37,500
Cost of goods sold 10,000 15,000
Gross profit 15,000 22,500
Rent expense 1,500 1,500
Wages expense 3,500 5,000
Shipping expense 1,100 1,650
Utilities expense 750 750
Advertising expense 1,000 1,400
Insurance expense 585 585
Operating income $6,565 $11,615
The income statement using the contribution margin format would be as follows:
Income Statement Year 1 Year 2
Sales revenue $25,000 $37,500
Variable costs:
Cost of goods sold $10,000 $15,000 Wages expense* $3,000 $4,500 Shipping expense $1,100 $1,650 Advertising expense* $800 $1,200Contribution margin $10,100 $15,150
Period costs:
Wages expense* $500 $500 Advertising expense* $200 $200 Rent expense $1,500 $1,500 Insurance expense $585 $585 Utilities expense $750 $750Net income $6,565 $11,615
*high low cost method for wages expense and advertisement expense:
variable wages expense = ($5,000 - $3,500) / (3,000 - 2,000) = $1.50 per unit
fixed wages expense = $5,000 - (3,000 x $1.50) = $500
variable advertising expense = ($1,400 - $1,000) / (3,000 - 2,000) = $0.40 per unit
fixed advertising expense = $1,400 - (3,000 x $0.40) = $200
contribution margin per stuffed mascot = $15,150 / 3,000 = $5.05 per unit
contribution margin per blanket = $60 - ($32 + $1.50 + $0.55 + $0.40) = $25.55
sales ratio 1 blanket : 4 mascots
weighted contribution margin = ($25.55 x 20%) + ($5.05 x 80%) = $5.11 + $4.04 = $9.15
total fixed costs = $3,535 + $125 = $3,660
break even number in units = $3,660 / $9.15 = 400 units
Blake must sell 80 blankets and 320 stuffed mascots in order to break even.
Governments are powerful organizations impacting many aspects of our lives. what are three other kinds of powerful organizations?
Multinational Corporations,Non-Governmental Organizations and Religious Organizations are three other kinds of powerful organizations
1. Multinational Corporations: Multinational corporations are large, transnational companies that operate in multiple countries and have the ability to influence global markets and economies. They often have significant financial resources and the ability to affect the lives of many people.
2. Non-Governmental Organizations (NGOs): NGOs are non-profit organizations that work to promote and protect human rights, environmental sustainability, economic development, and social justice. They are often influential in policy-making at the international and local levels.
3. Religious Organizations: Religious organizations often have a great deal of influence in communities, and their beliefs and values can shape the way people think and behave. They can also be powerful players in international politics and diplomacy.
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Question 2 : Rubi Inc. is a manufacturer of high-quality pillows. Today, the company issued a 5-year inflation linked (real) bond with a face value of $1,000. The bond has an annual stated real interest rate of 6% and pays annual coupon payments. The face value of the bond is paid at maturity of the bond.
Also today, Dan Ltd, a company which operates in the same industry and bears the same risks, issued a 5-year nominal bond for its face value, which reflects a YTM of 10% (This bond has the same level of risk and characteristics as Rubi's bond, except for the coupon rate and indexing mechanism).
The annual expected inflation for the next 5 years is 2%. a. What was the price of Rubi's bond on its issuing date?
Answer: The price of the bond is $_
b. Assume that 2 years after the bonds were issued (and right after the coupon payments), you were informed that the actual annual inflation was 4%. Further, you were also told that given the higher-than-expected inflation, future expectations were revised and now reflect an annual expected inflation of 3% for the next 5 years. Currently, Dan's bond is still traded for its face value. What is Rubi's current bond price (right after the second coupon payment)? Answer: The price of the bond is $ c. Following item (b), 2 years after the bonds were issued, has the real interest rate increased/decreased/remained unchanged/cannot know, compared to the real interest rate at the bonds' issuance date? Please explain.
Answer: The real interest rate has
The price of Rubi's bond on its issuing date was $957.55. Rubi's current bond price (right after the second coupon payment) is $936.57.The real interest rate has remained unchanged compared to the real interest rate at the bonds' issuance date.
The price of an inflation-linked bond can be calculated using the formula:
Bond Price = (Coupon Payment / (1 + Real Interest Rate)) + (Coupon Payment / (1 + Real Interest Rate)^2) + ... + (Coupon Payment + Face Value) / (1 + Real Interest Rate)^n,
where Coupon Payment is the annual coupon payment, Real Interest Rate is the annual stated real interest rate, Face Value is the face value of the bond, and n is the number of years to maturity.
In this case, the annual coupon payment is $60 (6% of the face value), the real interest rate is 6%, the face value is $1,000, and the bond has a 5-year maturity. Plugging these values into the formula, we get:
Bond Price = (60 / (1 + 0.06)) + (60 / (1 + 0.06)^2) + (60 / (1 + 0.06)^3) + (60 / (1 + 0.06)^4) + (60 / (1 + 0.06)^5) + (1,000 / (1 + 0.06)^5) ≈ $957.55.
Therefore, the price of Rubi's bond on its issuing date was approximately $957.55.
To calculate the current bond price, we need to discount the remaining coupon payments and the face value to the present value using the revised expected inflation rate. The coupon payment is still $60, but the number of years to maturity is reduced to 3 since 2 years have passed. The expected inflation rate is now 3%.
Using the formula mentioned in the previous answer and plugging in the updated values, we find:
Bond Price = (60 / (1 + 0.03)) + (60 / (1 + 0.03)^2) + (60 / (1 + 0.03)^3) + (1,000 / (1 + 0.03)^3) ≈ $936.57.
Therefore, Rubi's current bond price, right after the second coupon payment, is approximately $936.57
The real interest rate is determined by subtracting the expected inflation rate from the nominal interest rate. At the time of issuance, Rubi's bond had a stated real interest rate of 6% and an expected inflation rate of 2%, resulting in a nominal interest rate of 8%. After 2 years, the expected inflation rate increased to 3%. However, since the nominal interest rate remains unchanged for Rubi's bond, the real interest rate remains the same at 5% (8% - 3%).
Therefore, the real interest rate has remained unchanged compared to the real interest rate at the bonds' issuance date.
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The price of Rubi's bond on the issuing date was its face value of $1,000. The current price of the bond is difficult to determine without additional information regarding the exact indexation method and coupon rate. However, the real interest rate would have decreased given the higher-than-expected inflation.
Explanation:a. The price of a bond upon issuance is typically its face value, so the price of Rubi's bond on its issuing date was $1,000.
b. Rubi's bond price would need to be recalculated given the new inflation information. However, the question provided is incomplete, and without necessary details like the coupon rate or indexing mechanism, a precise current price cannot be determined.
c. In terms of the real interest rate, it is calculated as the nominal interest rate minus inflation. Under the assumptions outlined in the question, the real interest rate has decreased. Originally, the real interest rate was the nominal 6% minus the expected inflation of 2% for a real rate of 4%. Assuming the inflation now to be 3%, the real rate would stand at 3% (6% - 3%). Therefore, the real interest rate has decreased from the initial rate when the bonds were issued.
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The order quantity in a periodic review system rises as the on-hand inventory falls. T./F
True. In a periodic review system, the order quantity is determined by reviewing the inventory level at fixed intervals of time and placing an order to replenish the stock.
As the on-hand inventory falls, the system triggers an order for a higher quantity to ensure that the stock level is maintained at the desired level.
A periodic review system is a method of inventory management where the inventory level is checked at fixed time intervals and an order is placed to replenish the inventory up to a target level1. The order quantity (Q) is calculated as follows:
Q = Target inventory level (TI) - On-hand inventory (OH)
Therefore, if the on-hand inventory decreases, the order quantity increases to bring the inventory back to the target level. The target inventory level depends on factors such as the demand rate, the lead time, and the safety stock
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A janitorial service firm purchases clorox supplies to use in cleaning places like schools and office buildings. this type of customer would be an example of what type of market for clorox?
A janitorial service firm purchases Clorox supplies to use in cleaning places like schools and office buildings. this type of customer would be an example of the type of market for Clorox producers.
Janitorial offerings are a sort of business cleaning that handles various tasks in professional office settings. This includes monetary institutions, clinical facilities, manufacturing unit places of work, and so forth. Your carrier carriers are referred to as janitors, cleaners, or custodians.
By hiring a person to smooth your workplace often, you could assist save the spread of germs and ailments for the duration of your workplace. principally, maintaining the workplace surroundings as sanitary and germ-unfastened as feasible will assist maintain your group healthily, lessen the number of unwell days and increase productivity.
Custodial duties entail maintaining and cleansing an entire facility during a specific day. alternatively, janitorial duties are for a janitor, who comes to the power to clean at a specific time. people accomplice janitors with cleansing.
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What is the primary purpose of job specialization A. Regional self-sufficiency B. Increased consumer income C. Increased marginal utility D. Increased efficiency and productivity Plz answer this fast only have 2 hours
Answer:
D. Increased efficiency and productivity
Explanation:
Job specialization can be defined as a strategic process which typically involves the ability of employees working in an organization to develop specific skills, knowledge, great expertise or professionalism and experience to perform their duties, tasks or job functions effectively and efficiently.
In order to gain the requisite skills, expertise and knowledge for job specialization, it is very important for the employees to have undergone an extensive training and a good number of years in work experience.
The primary purpose of job specialization is to increase efficiency and productivity because the employees are able to specialize in the use of specific tools (equipments) to accomplish their tasks, as well as limit the level of error or mistakes in the production process.
Answer:
D
Explanation:
just took the test
At a time when the inflation rate is 8% per year, $100,000 (future dollars) 15 years from now is equivalent to how many of today's constant-value dollars?
Inflation is a measure of the general increase in prices over time, and it erodes the purchasing power of money.
If the inflation rate is 8% per year, $100,000 (future dollars) 15 years from now would be equivalent to approximately $42,783 in today's constant-value dollars.
To calculate this, we use the concept of the present value of money. We need to discount the future amount to its equivalent value in today's dollars. Using the formula for present value and assuming a constant inflation rate of 8% per year, we can calculate the present value as follows:
Present Value = Future Value / (1 + Inflation Rate)^Number of Years
In this case, the future value is $100,000, the inflation rate is 8% (0.08), and the number of years is 15. Plugging these values into the formula, we get:
Present Value = $100,000 / (1 + 0.08)^15 = $42,783
Therefore, $100,000 (future dollars) 15 years from now would be equivalent to approximately $42,783 in today's constant-value dollars, considering an 8% inflation rate per year.
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The expen Accounting changes are often made and the monetary impact is reflected in the financial statements of a company even though, in theory, this may be a violation of the accounting concept of se recognition principle states that expenses should be matched with revenues. Another way of stating the principle is to say that:
Another way of saying the above is that d. efforts should be matched with accomplishments.
The Matching Principle in Accounting falls under the Accrual basis which means that expenses should be matched to the period they were incurred and revenue should be matched to the period it was received for.
This ensures that the expenses match the revenue. Another way to say this is that efforts should be matched with their accomplishments because the business incurred expenses as efforts in a period in order to be able to get revenue as accomplishments in that same period.
For example, a business paying salespeople $30,000 in a year are doing so because they hope those salespeople will sell more than that $30,000 in that same year.
In conclusion, matching expenses to revenue is like matching efforts to accomplishments.
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What is the polygon address used by the hacker to steal $600 million from the poly network in 2021?.
Polygon address: '0x5dc3603C9D42Ff184153a8a9094a73d461663214' was used by the hacker to steal $600 million from the poly network in 2021.
The Polygon stack of protocols was created to address the scalability problems of Ethereum. The Polygon network handles transactions on a different, Ethereum-compatible blockchain to address the network's problems. The blockchain-based Poly Network platform reported that a hacker had gained access and stolen more than $600 million in cryptocurrencies.
However, it seemed as though the hacker had given back a few of the stolen goods. According to the network, the three addresses received allegedly stolen assets. According to Poly Network, which enables token exchanges between blockchains, a hacker targeted multiple chains at once and stole more than $600 million in cryptocurrency.
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How much should you deposit at the end of six months in an account paying 14% compounded semi-annually to receive semi-annual payments of P2,000 for the next 8 years?
The amount that you should deposit (present value) at the end of six months in an account paying 14% compounded sem-annually to receive semi-annual payments of P2,000 for the next 8 years is P18,893.30.
What is the present value?The present value is the future cash flows discounted at an interest rate to the current period.
Discounting is the opposite of compounding as the latter computes the future value while discounting computes the present value.
The present value is computed using the PV factor or an online finance calculator as follows:
N (# of periods) = 16 semiannual periods (8 years x 2)
I/Y (Interest per year) = 14%
PMT (Periodic Payment) = P-2000
FV (Future Value) = P0
Results:
PV (Present Value) = P18,893.30
Sum of all periodic withdrawals = P32,000.00 (P2,000 x 16)
Total Interest =P13,106.70
Thus, if you deposit P18,893.30 compounded at 14% in six months, you can withdraw P2,000 semiannually for 8 years.
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A company sells 800 units at $16 each, has variable costs of $12 per unit, and fixed costs of $1,200. Income is $
Assuming a company sells 800 units at $16 each, has variable costs of $12 per unit. The after-tax income is $1,200.
After-tax incomeUsing this formula
After-tax income=(Selling units×Selling price)-[(Variable costs×Selling price)+Fixed costs]×(1- tax rate)
Let plug in the formula
After-tax income=(800 units× $16 each)-[(800 units × $12 each)+$1200]×(1-.40)
After-tax income=$12,800-($9,600+$1,200)×0.60
After-tax income=$12,800-$10,800×0.60
After-tax income=$2,000×0.60
After-tax income=$1,200
Inconclusion the after-tax income is $1,200.
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BRT is a UK-based company that uses the British pound as its reporting currency. BRT establishes a wholly-owned subsidiary, GRM, in Germany on 31 Dec 20X1 by investing £1,000,000 when the exchange rate between the pound and the euro is £1 = €1.20. The equity investment of £1,000,000 is converted into €1,200,000 to begin operations. In addition, GRM borrows €500,000 from local banks on 31 Dec 20X1. On 31 Dec 20X1, GRM purchases plant and equipment that cost €1,100,000, purchases inventory that costs €350,000, and retains €250,000 in cash. During the year 20X2, GRM engages in no transactions. During this period, the euro weakens against the pounds such that the exchange rate on 31 Dec 20X2 is £1 = €1.50.
(a) Calculate GRM’s contribution to the translation exposure of BRT (net exposed assets) on 31 Dec 20X1, using the current rate method of translation. (2 marks)
(b) Calculate the translation gain or loss to BRT in 20X2, using the current rate method of translation.
The answer is:
A = £1,000,000
B = -£200,000
PLEASE SHOW FULL WORKING OUT
(a) GRM's contribution to the translation exposure of BRT on 31 Dec 20X1 is £1,000,000.
(b) The translation gain to BRT in 20X2 using the current rate method of translation is £250,000.
(a)
To calculate GRM's contribution to the translation exposure of BRT on 31 Dec 20X1 using the current rate method of translation, we need to determine the net exposed assets. Net exposed assets are calculated as the difference between the translated value of assets and liabilities at the current exchange rate.
Assets on 31 Dec 20X1:
Plant and equipment: €1,100,000
Inventory: €350,000
Cash: €250,000
Total assets: €1,700,000 (£1,416,667 at the current exchange rate of £1 = €1.20)
Liabilities on 31 Dec 20X1:
Borrowings: €500,000
Net exposed assets = Total assets - Liabilities
= €1,700,000 - €500,000
= €1,200,000 (£1,000,000 at the current exchange rate of £1 = €1.20)
Therefore, GRM's contribution to the translation exposure of BRT on 31 Dec 20X1 is £1,000,000.
(b)
To calculate the translation gain or loss to BRT in 20X2 using the current rate method of translation, we need to compare the translated value of net exposed assets at the end of the period (31 Dec 20X2) with the translated value at the beginning of the period (31 Dec 20X1).
Net exposed assets on 31 Dec 20X1:
£1,000,000
Exchange rate on 31 Dec 20X2: £1 = €1.50
Translated value of net exposed assets on 31 Dec 20X2:
£1,000,000 * €1.50 = €1,500,000
Translation gain or loss = Translated value on 31 Dec 20X2 - Translated value on 31 Dec 20X1
= €1,500,000 - €1,200,000
= €300,000 (£250,000 at the current exchange rate of £1 = €1.20)
Therefore, the translation gain to BRT in 20X2 using the current rate method of translation is £250,000.
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2) Consider the following sales promotion. What type of sales promotion is it? (Highlight one answer) ORDER 54% Welcome to Starbucks Rewards TM Join Starbucks RewardsTM to earn free food and drinks, get free refills on brewed coffee and tea, and order ahead to jump the line. JOIN NO a. Deal b. Coupon c. Premium d. Contest e. Sweepstakes f. Samples g. Loyalty Program h. Rebates Explain your answer using course concepts:
The type of sales promotion in this case is a loyalty program, specifically Starbucks Rewards.
The promotion encourages customers to join the program by offering various benefits such as earning free food and drinks, free refills on brewed coffee and tea, and the convenience of ordering ahead to skip the line.
This aligns with the concept of a loyalty program, which aims to incentivize customer loyalty and repeat purchases by providing special rewards and benefits to members. Loyalty programs are designed to create a sense of exclusivity and reward customers for their ongoing support and engagement with the brand.
Starbucks Rewards leverages the principles of customer relationship management (CRM) and customer retention. By offering exclusive perks and personalized experiences, Starbucks aims to cultivate a strong relationship with its customers and encourage them to choose Starbucks over competitors.
Overall, loyalty programs like Starbucks Rewards are effective in building long-term customer relationships, increasing customer retention, and driving repeat sales by providing added value and incentives to loyal customers.
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______ is difficult to achieve in organizational settings because of time constraints.
Consensus is a decision-making process in which all members of a group agree to support a particular decision or course of action.
Achieving consensus in organizational settings can be difficult due to time constraints, as it can take a significant amount of time and effort to ensure that all members of a group are heard, their opinions are considered, and a decision is reached that is satisfactory to everyone.
In some cases, time constraints may require a group to make a decision without achieving consensus. In these situations, it may be necessary to use other decision-making processes, such as majority vote or delegation to a smaller group or individual, to ensure that a decision is made in a timely manner. However, in many cases, taking the time to achieve consensus can lead to a better decision and greater buy-in from all members of the organization.
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Type the correct answer in the box. Spell all words correctly.
Samantha is part of a project management team working on the initiation phase of a project. What is her team expected to do in this phase?
In the initiation phase, Samantha's team needs to clarify the project's _____
and justify it.
Answer:
Explanation:
Initiation phase is the first phase of a project management where the project is evaluated to know the purposes it has to be done , how it will be done and the resources needed to execute it.
At this stage , Samantha's team has to clarify and justify the project's purposes and feasibility in order to know why it has to be done and also how it will be completed and its purpose achieved.
Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Structures the internal acStructures the internal accounting operations of an organisation within Controlling.Counting operations of an organisation within Controlling.
Answer:
Controlling area.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, account payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
Typically, it's a field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time. Financial experts or accountant uses either the cash basis or accrual basis of accounting.
In Accounting, Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
Sap FICO is a finance and cost controlling module that avails a business firm or organization the ability to store all of their external and internal financial transaction data at the end of the trading period.
Controlling area structures the internal accounting operations of an organisation within "Controlling." Thus, it manages profits and costs of an organization which are necessary to provide informations to the management for proper decision-making and effective control of its resources.
Suppose General Electric payed its line workers $12 per hour
The relevant answers with regard to real wages are as follows:
A) $10.08
B) 10.89
C) 19.05. See explanation below.
What is the computation justifying the above results?[A]
Recall that Real Wages are computed as follows;
Real Wages = (Nominal Wage/CPI in the Given Year) x CPI in the base year
12 = (N/84) x 100
= 10.08
[B]
The formula for real wage still stands:
Hence,
12 x 1.08 = (N/84) x 100
= 10.89
One thing to keep in mind is that the percentage rise in real wages is always equal to the percentage increase in nominal wages. The same may be demonstrated with other values.
[C]
It is to be noted that the real wage is pegged at $12 which is same from the prior year.
Hence, percentage increase = 0
But because $12 is Nominal in the incumbent year,
[(12 - 10.08)/10.08] x 100
= 92/10.08
= 19.05
What is real wages?Real wages are earnings adjusted for inflation, or pay expressed in terms of the quantity of goods and services that may be purchased. In contrast to nominal wages or unadjusted wages, this word is used.
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Full Question:
Suppose General Electric paid its line workers $12 per hour in 2015 when the Consumer Price Index was 100. Suppose that deflation occurred and the aggregate price level fell to 84 in 2016. Instructions: Round your answers to two decimal places. a. GE needed to pay its workers $ in 2016 in order to keep the real wage fixed at $12. b. GE needed to pay its workers $ in 2016 if it wanted to increase the real wage by 8 percent. c. If GE kept the wage fixed at $12 per hour in 2016, in real terms, its workers got a % increase in wages.
The government is considering passing a regulation that will prohibit the use of a certain chemical in the production of good XYZ because of its damaging environmental effects. It is estimated that because of this regulation which will stop manufacturers of good XYZ from using this chemical, the price of good XYZ will increase from 55 to 56. It is also estimated that because of the higher price 2 million fewer units of XYZ will be sold. (Currently with P-55,6 million units are sold) Which of the following best describes the likely outcome of this regulation in the market of good XYZ. If everything else stays the same except for this price change? a Consumer surplus will decrease by $5 million b Consumer surplus will decrease by $10 million c Consumer surplus will decrease by $1 million d Consumer surplus will decrease by $4 million. e none of the above
The outcome of this regulation in the market of good XYZ is; Consumer surplus will decrease by $1 million. Option C is correct.
To determine the likely outcome of the regulation in the market of good XYZ, we need to consider the change in consumer surplus.
Consumer surplus represents the difference between what consumers are willing to pay for a good and what they actually pay. It is calculated as the area between the demand curve and the price consumers pay.
Given that the price of good XYZ is expected to increase from $55 to $56, and 2 million fewer units will be sold, we can assess the impact on consumer surplus.
The change in consumer surplus will be calculated as follows;
Change in Consumer Surplus = (0.5 × Change in Quantity) × (Initial Price - New Price)
Change in Quantity = 2 million units (fewer units sold)
Initial Price = $55
New Price = $56
Change in Consumer Surplus = (0.5 × 2 million) × ($55 - $56)
Change in Consumer Surplus = 1 million × (-$1)
Change in Consumer Surplus = -$1 million
The change in consumer surplus due to the regulation is -$1 million.
Hence, C. is the correct option.
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Explain why the linear model can provide approximate estimates of VaR for a portfolio containing options
Because the change in the value of an option is not proportional to the percentage change in the underlying variable, the linear model can yield approximate estimates of VaR for a portfolio incorporating options.
The direct model posits that changes in the value of a portfolio are commensurable to changes in the underpinning variables. As a result, it's simply an approximation for a portfolio incorporating options.
A nonstop response variable is described as a function of one or further predictor variables in a direct model. They can help you in comprehending and vaticinating the geste of complicated systems, as well as assaying experimental, fiscal, and natural data.
The word direct model is used else in statistics depending on the environment. The most common operation is in relation to retrogression models, and the expression is constantly used interchangeably with direct retrogression models. still, the expression is also used with a different connotation in time series analysis.
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when was sick around the world, frontline teams up with veteran washington post foreign correspondent t.r. reid to fin produced
"Sick Around the World" is a documentary produced by PBS Frontline and veteran Washington Post foreign correspondent T.R. Reid. It was first broadcast on April 15, 2008, and explores the healthcare systems of five different countries.
The documentary compares the healthcare systems of the United Kingdom, Japan, Germany, Taiwan, and Switzerland to that of the United States.
The documentary examines various issues related to healthcare, such as access to care, quality of care, cost, and overall effectiveness. It provides a unique perspective on the healthcare systems of different countries and how they operate.
T.R. Reid, a journalist and author, has covered healthcare extensively throughout his career. He brings his knowledge and experience to the documentary, providing valuable insights and analysis on the different healthcare systems.
Overall, "Sick Around the World" is an informative and insightful documentary that highlights the strengths and weaknesses of different healthcare systems. It raises important questions about the healthcare system in the United States and provides viewers with an opportunity to learn from the experiences of other countries.
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Identify in what ledger (general or subsidiary) each of the following accounts is shown.
Accounts
Ledger
a. Rent Expense. General LedgerSubsidiary Ledger
b. Accounts Receivable—Cabrera. General LedgerSubsidiary Ledger
c. Notes Payable. General LedgerSubsidiary Ledger
d. Accounts Payable—Pacheco. General LedgerSubsidiary Ledge
Here are the ledgers where each of the accounts is shown: a. Rent Expense: General Ledger, b. Accounts Receivable—Cabrera: Subsidiary Ledger, c. Notes Payable: General Ledger and d. Accounts Payable—Pacheco: Subsidiary Ledger
In general, the General Ledger contains accounts that summarize the financial transactions of the entire business, providing an overview of the company's financial position. It includes accounts such as assets, liabilities, equity, revenues, and expenses.
On the other hand, a Subsidiary Ledger contains detailed information related to specific subsets of accounts. It provides a breakdown of individual transactions within a particular category. Subsidiary Ledgers are used to track and manage specific accounts separately from the general ledger.
In this context, rent expense and notes payable are accounts that would be recorded in General Ledger as they represent the overall expenses and liabilities of the company. Accounts Receivable—Cabrera and Accounts Payable—Pacheco are specific accounts related to individual customers or suppliers, respectively, and would be recorded in the Subsidiary Ledger to track the detailed transactions associated with those parties.
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Plz help me I’ll make u the brainliest ( I promise)
Do Shipt drivers have to wear the shirt?
Casual attire, they do have a couple shirts that they give you, but you're not required to wear them.
Shipt shoppers set their very own schedules in step with their busy lives! They keep for and deliver groceries to Shipt's contributors within a requested time body. Scheduling, accepting orders, and shopping orders are all carried out via the Shipt consumer app.
The respectable base Shipt tip from the corporation's angle is $0. however, it is properly to think of 10% because the base tip amount to give a consumer. despite the fact that customers do now not expect to receive a tip on every order, you need to do not forget tipping on every occasion. Consumers get paid consistent with shop, so the greater you store, the extra you earn. shoppers also hold 100% in their recommendations, and Shipt encourages contributors to tip, so you'll make more for offering wonderful service.
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What may happen if your job does not require you to use the aptitudes you possess?
Zoowawa's nominal GDP rose by 6% between 2017 and 2018. If its inflation rate was 2.5%, by how much did its real GDP increase?
Answer:
3.5%.
Explanation:
Real GDP is understood to be that which arises from the difference between the economic growth (that is, of the GDP) of a country during a given period, and the inflation that occurred during that period. That is to say, inflation is subtracted from said economic growth.
Thus, since Zoowawa's nominal GDP grew by 6 percent, while inflation was 2.5 percent, the real GDP of that nation grew by 3.5 percent (6 - 2.5) during the mentioned period.