The Flounder should make the investment. View Policies Current Attempt in Progress. Net Present Value (NPV) is a metric used to decide if an investment is profitable or not, given a set of assumptions about cash flows and cost of capital.
The formula for calculating NPV is:
$$\text{NPV} = \sum_{t=0}^{T} \frac{C_t}{(1+r)^t} - C_0$$
where $C_t$ is the net cash flow in period $t$, $r$ is the discount rate or cost of capital, and $C_0$ is the initial investment. If the NPV is positive, it means that the investment generates value, while if it is negative, it means that the investment destroys value. In this case, we can calculate the NPV of the dock as follows:
Initial Investment (C0) = -620,000
Annual Cash Flows (Ct) = 170,000 for T=1,2,3,4 and 530,000 for T=5
Cost of Capital (r) = 11%
Discount Factor (DF) = 1/(1+r)
NPV = (C1 * DF^1 + C2 * DF^2 + ... + CT * DF^T + C0)
NPV = (170000/(1+0.11)^1 + 170000/(1+0.11)^2 + 170000/(1+0.11)^3 + 170000/(1+0.11)^4 + 530000/(1+0.11)^5 - 620000)
NPV = 115843.10127 (rounded to 5 decimal places)
Based on this calculation, the net present value of the dock is positive, indicating that the investment is profitable.
To learn more about investment, visit:
https://brainly.com/question/30529793
#SPJ11
Northern city bank keeps no excess reserves. Assume northern city bank receives a cash deposit of $50 dollars. As a result of the deposit, northern city bank’s required reserves increase by $10. What is the maximum possible change in the money supply in the banking system that could result from the $50 deposit?.
The maximum possible change in the money supply in the banking system is the money supply will increase by a maximum of $250 million.
What is the banking system?A network or collection of entities known as a banking system offers us financial services. These organizations are in charge of running a payment system, making loans, accepting deposits, and assisting with investments. Depending on the institution network, banking systems can carry out a number of various tasks. We can deposit money and use our checking accounts and debit cards to pay bills and buy purchases, for instance, using the payment and loan operations at commercial banks. Additionally, they could aid in housing and automobile financing. Central banks or systems, in contrast, are responsible for managing money and setting financial regulations. Trading is done by investment banks or systems, or both.
To learn more about banking system, visit:
https://brainly.com/question/14338832
#SPJ4
how are percent increase/decreases determined in the stock market and from what price are they comparing it to, to get the percentage? is it from the start of the share price of that day?
ex) S&P 500 falls 2%. is that 2% calculated from the share price of that day or as a whole?
In the stock market, percent increases or decreases are determined by comparing the change in the price of a stock to its original price. The percentage is calculated based on the difference between the new price and the original price.
To determine the percent increase or decrease, follow these steps:
1. Calculate the difference between the new price and the original price.
2. Divide the difference by the original price.
3. Multiply the result by 100 to get the percentage.
For example, let's say a stock had an original price of $100 and it increased to $110. To calculate the percent increase:
1. The difference between the new price and the original price is $110 - $100 = $10.
2. Divide $10 by $100, which gives 0.1.
3. Multiply 0.1 by 100 to get the percentage: 0.1 * 100 = 10%.
So, in this case, the stock increased by 10%.
Similarly, if the stock price decreased, you would follow the same steps. For example, if the stock price decreased from $100 to $90:
1. The difference between the new price and the original price is $90 - $100 = -$10.
2. Divide -$10 by $100, which gives -0.1.
3. Multiply -0.1 by 100 to get the percentage: -0.1 * 100 = -10%.
Therefore, the stock decreased by 10%.
In the case of the S&P 500 falling 2%, the percentage is calculated based on the overall index value, not the individual share prices. The S&P 500 is an index that represents the performance of a basket of 500 large companies' stocks. So, the 2% decrease is calculated based on the overall index value, not the price of a specific share.
I hope this explanation helps! If you have any further questions, feel free to ask.
To know more about stock , visit:
https://brainly.com/question/26128641
#SPJ11
This is considered to be a popular and controversial way to address internal cost inefficiencies. a. Insourcing b. Outsourcing c. Related diversification
Outsourcing is considered to be a popular and controversial way to address internal cost inefficiencies.
Outsourcing involves contracting out specific business functions or processes to external vendors or service providers. It is often done to reduce costs, increase efficiency, and focus on core competencies. By outsourcing non-core activities, companies can benefit from specialized expertise, access to advanced technologies, and cost savings through economies of scale. However, outsourcing can also be controversial as it may lead to job losses, dependency on external providers, and potential quality control issues. The decision to outsource is typically based on a thorough analysis of costs, risks, and potential benefits for the organization.
Learn more about outsourcing here:
https://brainly.com/question/28915776
#SPJ11
Lilly, Briah, Chloe, and Terry are the directors and equal shareholders of Fantastic Holidayz Pty Ltd, a company that runs an exclusive airline company and operates in several high-rise office buildings in Melbourne. Briah is the Managing Director and Terry is the Chief Financial Officer. Lilly and Chloe are non-executive directors. The Company has adopted a written constitution which contains the following clauses: (36) A directors' meeting may be called by a director giving reasonable notice individually to every other director (37) Quorum for directors' meetings is four directors and the quorum must be always present during the meeting (42) A resolution of the majority of directors may resolve to remove another director of the company. Business is booming, and Fantastic Holidayz has made a great deal of money over the last few years. However, the Board of Directors have rejected Lilly's proposal to declare a dividend for the last 7 years in a row - and she is getting fed up. The other directors always outvote her, arguing that it is better to keep the profits in reserve and continue to expand the business. Terry is currently investigating the possibility of opening further destinations to their itinerary In October 2017 Lilly was overseas for a family funeral and on her return to Melbourne, she discovers that the other directors have met and passed resolutions to remove her as a director of the company. Lilly did not receive any notice of the director's meeting. In another resolution, the remaining directors voted to pay themselves $500,000 in bonuses - equating to the entire year's profit. Lilly is angry that she has been removed and not paid a bonus and comes to you for your professional advice and opinion. Further, Fantastic Holidayz has a longstanding agreement with several travel agencies, and in January 2018, Fantastic's financial accounts showed that one agency owed the company $85,000, and there was no applicable security Recently, Lilly discovered that by June 2018 the debt owing to Fantastic Holidayz had blown out to $200,000. Terry had approved additional credit without the knowledge of the other directors. He did this, even though the agency had been taking a long time to pay its overdue account. Additionally, there are now rumours that are insolvent, but this cannot be proven. REQUIRED: 1. Discuss whether Lilly can bring any action to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses? (5 marks) 2. Advise Lilly about the process and potential outcomes if the travel agency is placed into voluntary administration - and any implications of this on Fantastic Holidayz. (5 marks) 3. Advise Lilly about whether Terry has breached any of his statutory duties as a director of Fantastic Holidayz. Include in your answer the consequences of a breach of duty, whether Lilly could bring an action for compensation on behalf of the company against Terry, and whether there are any defences available.
It is important for Lilly to consult with a legal professional to assess the specific circumstances and determine the most appropriate course of action. Legal advice tailored to the jurisdiction and applicable laws should be sought.
1. Lilly's Challenge to Dividend Denial and Bonus Payment:
Lilly may have grounds to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses. The key considerations are as follows:
a) Breach of Fiduciary Duty: Directors owe a fiduciary duty to act in the best interests of the company. By consistently rejecting dividends despite profitable operations, the directors may be breaching this duty if their decision is not justifiable and reasonable. The decision to pay themselves bonuses without Lilly's approval further strengthens her case.
b) Unfair Prejudice: Lilly may argue that the denial of dividends and payment of bonuses unfairly prejudice her interests as an equal shareholder and director. This argument can be supported by the fact that dividends have been consistently denied for several years, and the bonuses were paid without her knowledge or consent.
c) Oppression of Minority Shareholder: If the other directors' actions substantially interfere with Lilly's rights as a shareholder and director, it could constitute oppression of a minority shareholder. Denying dividends and paying bonuses in a manner that excludes Lilly's interests may be viewed as oppressive.
Lilly can potentially bring legal action seeking remedies such as an injunction to stop the bonuses, an order for dividends to be paid, or a buyout of her shares at a fair value.
2. Travel Agency in Voluntary Administration:
If the travel agency owing $200,000 to Fantastic Holidayz is placed into voluntary administration, the process and potential outcomes can be summarized as follows:
a) Voluntary Administration: Voluntary administration is a process where an external administrator (usually a registered liquidator) takes control of the insolvent company to maximize returns for creditors. The administrator assesses the company's financial position and explores options, such as restructuring or selling the business.
b) Outcomes and Implications: During voluntary administration, the administrator may propose a Deed of Company Arrangement (DOCA) to the creditors. If approved, it could allow the travel agency to continue operating and repay the debt over an agreed period. Alternatively, if the company's financial situation is deemed irreparable, the administrator may recommend liquidation.
For Fantastic Holidayz, the outcome depends on the recovery of the debt. If the travel agency is unable to repay the owed amount, Fantastic Holidayz may have to write off the debt as a loss, potentially impacting their financial position. The impact could be significant if the debt is material to the company's operations.
3. Terry's Breach of Director's Duties:
Terry, as the Chief Financial Officer and a director of Fantastic Holidayz, may have breached his statutory duties. The key considerations are as follows:
a) Duty of Care and Diligence: Directors must exercise reasonable care, skill, and diligence in fulfilling their roles. Terry's approval of additional credit without the knowledge of other directors could be seen as a failure to exercise due care and diligence. The consequences of a breach may include personal liability for any loss suffered by the company.
b) Duty to Act in Good Faith and for Proper Purpose: Directors must act in good faith and in the best interests of the company. By approving additional credit for a customer with an outstanding overdue account, despite potential insolvency concerns, Terry may have breached this duty.
c) Consequences and Action for Compensation: If Terry is found to have breached his statutory duties, consequences may include personal liability for any loss suffered by the company due to his actions. Lilly, as a shareholder, may have standing to bring a derivative action on behalf of the company to seek compensation from Terry for any losses incurred.
d) Defenses: Terry may raise defenses such as relying on professional advice, acting in good faith, or having the belief that his actions were in the company's best interests. However, these defenses may not absolve him entirely from liability if his actions are found to be unreasonable or against the company's interests.
To know more about Fiduciary Duty, refer to the link below:
https://brainly.com/question/31148084#
#SPJ11
What is the best way to respond to a customer complaint? A. Listen to the customer, B. Overcompensate C. Ignore the customer. D. Respond aggressively.
Answer:
a
Explanation:
u should never let the customer know that they are wrong
The best way to respond to a customer complaint is listen to the customer. It comes under the consumer protection management. The correct option is (A).
What do you mean by Customer Complain?Customer complaints relate to when a firm does not deliver on its commitment and does not satisfy customer expectations in terms of the product or services. Every business's customers are its most important component.
Customer complaints provide your team the chance to engage in open dialogue with your clients.
These exchanges might make your clients feel like they are essential to your success.
Customer complaints give you important information about how well-trained your front-line staff is and how to make improvements.
Therefore, the best way to respond to a customer complaint is listen to the customer. It comes under the consumer protection management.
To learn more about the Customer Complain, visit:
https://brainly.com/question/29351939
#SPJ2
At a convenience store, two candy bars and two bags of potato chips cost $4. 00, and three candy bars and two bags of potato chips cost $4. 75. What is the price of one bag of potato chips?.
According to the solving the price of one bag of potato chips is $1.25.
What in mathematics is a linear equation?A linear equation seems to be an algebraic equation of the form y=mx+b, where m is the slope as well as b is the y-intercept, and only a constant and a second-order (linear) term are included. The variables in the preceding equation are y and x, and it is occasionally referred to as a "linear equation of two variables."
What makes it a linear equation?Each term in a linear equation has an exponent of 1, and when this algebraic equation is graphed, it always produces a straight line. It is called a "linear equation" for this reason.
According to the given data:Assume that the cost of candy bars is x and the cost of potato chip packages is y.
Given that two candy bars, as well as two bags of potato chips each, cost $4.00, the following calculation is appropriate:
2x+2y=4 ......(1)
In addition, the cost of two bags of crisps and three candy bars is $4.75.
3x+2y=4.75 ....(2)
Subtract equation (1) from (2), we get
(3x−2x)+(2y−2y)=4.75−4
⇒x=.75
Now substitute the value of x in equation (1):
1.5+2y=4
⇒2y=4−1.5
⇒2y=2.5
⇒y=1.25
According to the solving the price of one bag of potato chips is $1.25.
To know more about linear equation visit:
https://brainly.com/question/11897796
#SPJ9
what are some common tasks performed by Psychiatrists? (Select four options)
A administering first aid and life support care
B collaborating with other medical professionals
C maintaining patient information and records
D developing diagnostic imaging techniques
E prescribing, directing, or administering psychotherapeutic treatments or medications
F analyzing and evaluating patient data or test findings
Answer:
B, E and F and explanation I share you other thought about it
Explanation:
Psychiatrists are medical doctors who specialize in the treatment of mental health conditions. Some common tasks performed by psychiatrists include:
Conducting initial evaluations and assessments to diagnose mental health conditionsPrescribing and managing medications to treat mental health conditionsProviding individual, family, or group therapy to help patients manage their mental healthDeveloping and implementing treatment plans for patientsCollaborating with other healthcare providers to coordinate care for patientsProviding crisis intervention and support to patients experiencing mental health emergenciesConducting research to advance the field of psychiatry and improve treatment options for patients.Limited Liability Companies. John, Lesa, and Trevor form a limited liability company. John contributes 60 percent of the capital, and Lesa and Trevor each contribute 20 percent. Nothing is decided about how profits will be divided. John assumes that he will be entitled to 60 percent of the profits, in accordance with his contribution. Lesa and Trevor, however, assume that the profits will be divided equally. A dispute over the profits arises, and ultimately a court has to decide the issue. What law will the court apply? In most states, what will result? How could this dispute have been avoided in the first place? Discuss fully
1.The court will likely apply the default rules established by the state's LLC statute in the absence of a specific agreement between the members.
2.In most states, the court will likely rule in favor of Lesa and Trevor's assumption that profits will be divided equally, as this is the default rule in the absence of a specific agreement.
3.To avoid this dispute in the first place, the members should have created a comprehensive operating agreement that addresses how profits will be divided among the members.
1.These default rules typically provide that profits are distributed equally among the members regardless of their capital contributions, unless the operating agreement provides otherwise.
2.John's assumption that he will be entitled to 60% of the profits based on his capital contribution will not hold up unless there is a provision in the operating agreement that specifically provides for such a distribution.
3. The operating agreement should have been drafted with the assistance of an attorney to ensure that it is legally binding and enforceable. The agreement should have explicitly stated how profits will be distributed among the members, taking into account their capital contributions, as well as any other factors that the members deem relevant.
By creating a well-drafted operating agreement, the members could have avoided the uncertainty and expense of litigation, and they could have ensured that their respective rights and obligations were clearly defined. The operating agreement could have also provided for dispute resolution mechanisms, such as mediation or arbitration, to address any future disputes that may arise among the members.
Click the below link, to learn more about law:
https://brainly.com/question/6590381
#SPJ11
Does the Federal Reserve pay taxes?
Answer:
Federal Reserve banks are exempt from paying taxes at the federal, state and local levels, except on real estate holdings. This is because of rules on taxation set forth in Section 7(c) of the Federal Reserve Act.
Explanation:
3- Use the following data to answer the questions below:
Category
Billions of Dollars
Consumption $200
Investment $ 50
Government Spending $ 60
Exports $ 70
Imports $ 80
Depreciation $ 10
Foreign Factor Income $ 10
Please answer in whole numbers.
a. How much is net exports? $
b. How much is net investment? $
c. How much is GDP? $
d. How much is Net Domestic Product? $
e. How much is National Income?$
Explanation:
a. Net exports = Exports - Imports = $70 - $80 = -$10 b. Net investment = Investment - Depreciation = $50 - $10 = $40 c. GDP = Consumption + Investment + Government Spending + Net Exports = $200 + $50 + $60 - $10 = $300 d. Net Domestic Product = GDP - Depreciation = $300 - $10 = $290 e. National Income = Net Domestic Product + Foreign Factor Income = $290 + $10 = $300
In general, how would you describe the U.S. Economy to someone else?
The U.S. is a mixed economy, exhibiting characteristics of both capitalism and socialism. Such a mixed economy embraces economic freedom when it comes to capital use, but it also allows for government intervention for the public good.
KNOWLEDGE CHECK A rise in which of the following inputs will increase an absolute valuation? o Beta o Earnings estimates o Number of shares o 10-year government bond yield
A rise in earning estimate will lead to an increase of absolute valuation.
What is an absolute valuation?An absolute value refers to the method of business valuation which uses a discounted cash flow analysis to determine a company's financial worth. With this value, an investors can determine if a stock is currently under or overvalued by comparing what a company's share price should be given its absolute value to the stock's current price.
An earnings estimate means an analyst's forecast for a public company's future quarterly or annual earnings per share (EPS). Large share of the investors relies on earnings estimates to gauge a company's performance and make investment decisions about it.
Read more about earnings estimates
brainly.com/question/25425890
#SPJ1
The owner of which of the following products is MOST exposed to inflationary risk? A. utility stocks. B. Treasury bills. C. treasury bonds. D. blue chip
The owner of Treasury bills is MOST exposed to inflationary risk, option b.
Inflationary risk refers to the potential loss of purchasing power due to a general increase in prices over time. Treasury bills are short-term debt instruments issued by the government to raise funds. They typically have a maturity period of less than one year. However, Treasury bills are considered low-risk investments because they are backed by the government.
The reason Treasury bill owners are most exposed to inflationary risk is that these investments generally offer fixed interest rates. If inflation rises, the purchasing power of the fixed-interest payments decreases. As a result, the real return on Treasury bills (adjusted for inflation) may decline.
On the other hand, utility stocks (option A), treasury bonds (option C), and blue-chip stocks (option D) may also be affected by inflation but to a lesser extent. Utility stocks often have stable cash flows and may even increase prices in response to inflation, which could partially offset the impact. Treasury bonds usually have longer maturities and may provide better protection against inflation compared to Treasury bills. Blue-chip stocks represent shares of large, well-established companies, which often have the ability to adjust prices and adapt to inflationary pressures.
To learn more about inflationary risk: https://brainly.com/question/31933385
#SPJ11
In the Reauditing Financial Statements case, all of the following would be appropriate questions to ask a predecessor auditor except: Multiple Choice 0 why the predecessor auditor was fired 0 whether there were any differences of opinion between management and the predecessor auditor 0 whether they could obtain the predecessor auditor workpapers 0 whether there were any integrity concerns of top management
The question that would not be appropriate to ask a predecessor auditor is "why the predecessor auditor was fired". Asking this question could be interpreted as unprofessional and could be seen as an attempt to criticize the predecessor auditor.
Instead, it would be more appropriate to ask questions that focus on the work the predecessor auditor did and the potential differences of opinion between the predecessor auditor and management, such as whether there were any differences of opinion between management and the predecessor auditor or whether there were any integrity concerns of top management. These questions could help provide an understanding of issues that may have been present during the previous audit.
Know more about predecessor auditor here:-
https://brainly.com/question/29340559#
#SPJ11
Which type of business does not hold owners accountable for the debts of
the business?
OA. Sole proprietorship
OB. LLC
OC. Partnership
A
OD. Private company
Answer:
Limited Liability Company (LLC)
Explanation:
A limited Liability Company (LLC) is a business structure in the United States that protects its owners from the personal responsibility for its repayment of debts and liabilities. It is a hybrid entity that has the characteristics of a corporation, partnership and sole proprietorship. The regulation of LLC's varies from one state to another. An entity or individual can be a member of an LLC with notable exceptions from banks and insurance companies. The primary reason for registering a business under LLC is to limit the personal liability of the owners as well as the partners. LLC may have some attractive features but they also possess some great disadvantages as well. Depending upon the state law, an LLC may be dissolved upon the death or bankruptcy of a member.
Your credit card has a credit limit of $1,000. Your credit card company reviews your credit line every 6 months.
The time it will take to increase the limit to $1,600 is 2.5 years, when the credit card has a credit limit of $1,000.
What is a credit card?A credit card is a payment card issued to users or cardholders to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt that is promised to the card issuer to pay them for the amounts plus the other agreed charges. The card issuer usually a bank or credit union creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance.
A credit card is different from a debit card.
Learn more about credit, here:
https://brainly.com/question/1475993
#SPJ1
Your question was incomplete, your full question probably was:
Your credit card has a credit limit of $1,000. Your credit card company reviews your credit line every 6 months. They will not increase your credit line more than 10% each 6-month period. Assuming they increase your limit each 6-month period by 10%, how long will it take to increase your limit to $1,600?
The production possibilities frontier is the:
a. boundary between the combinations of goods and services that can be produced and the combinations that cannot be produced when technology is changing.
b. minimum output that can be produced when resources are used inefficiently.
c. boundary between the combinations of goods and services that can be produced and the combinations that cannot be produced, given the available factors of production and the state of technology.
d. maximum output that can be produced at an opportunity cost of zero.
The production possibilities frontier (PPF) is C. the boundary between the combinations of goods and services that can be produced and the combinations that cannot be produced, given the available factors of production and the state of technology.
The PPF illustrates the trade-offs that society faces when allocating resources among different industries and it shows the maximum potential output of two goods given the available inputs. In other words, it shows the maximum combination of outputs of two goods that can be attained with the given resources and technology. Additionally, the PPF highlights the concept of opportunity cost, which is the cost of sacrificing the production of one good in order to produce more of the other. As a result, the PPF also illustrates the optimal point of production.
The PPF is a key economic concept as it reflects the economic reality that finite resources have alternative uses and therefore the cost of producing one good is the opportunity cost of producing another good. This concept of opportunity cost suggests that as one item is produced in increasing amounts, the other item must be produced in decreasing amounts. As resources are shifted from one industry to another, it affects the shape of the PPF. In other words, the PPF is a result of the scarcity of resources, and it is constantly changing as resources are reallocated and technology advances.
Overall, the PPF is a visual representation of the scarcity of resources and the trade-offs a society faces in terms of production. It can be used to make decisions on resource allocation and to identify the most efficient level of production for both goods. Therefore the correct option is C
Know more about PPF here:
https://brainly.com/question/30546326
#SPJ11
What does indigenous technology mean?
Answer: I hope this is helpful mark brainlist if right then no if wrong
Explanation:
Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.Technologies employed by the native inhabitants of a country and which constitute an important part of its cultural heritage and should therefore be protected against exploitation by industrialized countries; the problem of indigenous knowledge has been discussed during the Rio Conference but it does not receive much ...Types of indigenous technology in India are; (i) Generic Drugs. (ii) Thorium based Nuclear Reactors. (iii) Plastic RoadsIndigenous Technology is created within a sensory environment that builds on our sense of relationship, meaning, balance, feeling, memory and place as well as sight, sound, smell, taste and touchIndigenization is the process by which Indigenous ways of knowing, being, doing and relating are incorporated into educational, organizational, cultural and social structures of the institution.One example of Indigenous Technologies in action today can be witnessed in differential approaches to medicine. Medical technologies in the Western Scientific sense of the term might conjure images of biomedical research labs, electromagnetic monitors or imaging systems such as CT or MRI scans.Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.
During which part of the Product Life Cycle would a company use a profit-oriented pricing strategy?
The lifespan of a product depicts how long it remains on the market, from the moment it is first introduced to consumers until it is phased out and taken off the shelves.
What is the maturity stage of the product life cycle?Sales declined during the mature period, a sign that the market has started to become saturated. During this phase of the product life cycle, the price also starts to become competitive. The profit margins become slimmer as a result.
In most life-cycle situations, profits normally reach their greatest level during the early growth stages, but sales often reach their peak during the mature stages.
Learn more about the product life cycle here:
https://brainly.com/question/15177349
#SPJ1
The materials price variance is generally calculated at the time materials are purchased because ______. Multiple select question. management can generate more timely variance reports GAAP requires variances to be recognized when they are incurred it allows materials to be carried in the inventory accounts at standard cost it simplifies bookkeeping
The calculation on materials price variance is been done at time that a purchase is made so that;
it simplifies bookkeeping.
it allows materials to be carried in the inventory accounts at standard cost.
management can generate more timely variance reports.
Materials price variance can be regarded as difference that exit between the actual as well as budgeted cost that is needed to acquire materials.This is then multiplied by the total number of units that is been purchased.Therefore, materials price variance helps in simplification of bookkeeping.
Learn more at:
https://brainly.com/question/13375811?referrer=searchResults
3. Describe two real or made up situations in the workplace when you would need to use
speaking skills. (1-2 sentences. 2.0 points)
In order to reduce conflict, speaking skill, is the skill that helps to settle a disagreement or conflict between two parties, or amount group of people.
Why speaking skills is essential in workplace?
No company has stated in his vision or mission, to keep a zero conflict among staff, because it is believed that every workers and staff of the company is disciplined and should focus on why the company has hired him or her.
But on the other hand, conflict among workers in a company has been on increase. Because people differs so their ideology differs too. Conflict may not only be when a worker yells at a co worker, it can also be an argument between workers.
It is difficult to find a company made of more than 10 workers with out conflict among co workers, the conflict could be envy or side talks.
Learn more about speaking skills, refer to the link:
https://brainly.com/question/13770871
#SPJ1
Joe decided to start washing cars on his street. The other kids in the neighbourhood noticed Joe was making a lot of money washing cars and decided to open their own car wash. When they opened their own car wash, the equilibrium price ________ and the equilibrium quantity ________ . increased; decreased decreased; decreased decreased, increased stayed the same; stayed the same increased; increased
When they opened their own car wash, equilibrium price decreased and the equilibrium quantity increased.
This is because when the other kids in the neighbourhood opened their own car wash, they increased the supply of car washing services in the market.
With more suppliers offering car washing services, the price of car washing will decrease as suppliers compete with each other to attract customers. At the same time, the quantity of car washing services will increase as more suppliers enter the market and more customers take advantage of the lower prices.
In summary, when the other kids in the neighbourhood opened their own car wash, the equilibrium price decreased and the equilibrium quantity increased.
Equilibrium price: The price at which the quantity demanded of a good or service is equal to the quantity supplied.
Equilibrium quantity: The quantity of a good or service that is supplied and demanded at the equilibrium price.
To learn more about equilibrium price here:
https://brainly.com/question/28945352#
#SPJ11
A cover letter accompanies_____?
A. a college application
B. the FAFSA
C. a letter of recommendation
D. a résumé
Answer:
B brainliest?
Explanation:
In the CPJ, the Trading Stock column has a balance of R40 000; the Creditors Control column has a balance of R10 000 and the Sundry Column has a balance of R20 000. What is the balance in the bank column?
To determine the balance in the bank column, we need to consider the fundamental accounting equation: Assets = Liabilities + Equity.
The Trading Stock column represents an asset, the Creditors Control column represents a liability, and the Sundry Column could include various items, but for the purpose of this calculation, let's assume it represents equity.
Assets (Trading Stock) = Liabilities (Creditors Control) + Equity (Sundry Column)
R40,000 = R10,000 + R20,000
To find the balance in the bank column, we need to subtract the liabilities and equity from the assets:
Bank Column = Assets - (Liabilities + Equity)
Bank Column = R40,000 - (R10,000 + R20,000)
Bank Column = R40,000 - R30,000
Bank Column = R10,000
Therefore, the balance in the bank column is R10,000.
Learn more about fundamental accounting equation here:
https://brainly.com/question/24197829
#SPJ11
employees rarely arrive and leave exactly on the quarter hour so it would make sense to round employee arrival times to the nearest quarter hour?
A. False
B. True
Please be right
1. Describe the general effect of education on a person’s earnings. (50 word minimum) *Take into consideration our notes*
2. Do you think this means everyone should make the decision to enroll in college? Tell me the why and why not? (70 word minimum) *Take into consideration our notes and the video on ‘The Economics of Education.’*
3. Describe your plan for work and/or college after high school. Then, describe one strategy you can use to allocate your time and money now that will help you stick to that plan in the future. (125 word minimum)
4. Lastly, what is the opportunity cost of the decision you explained in Question 3? (60 word minimum
Education and income have a high correlation. A common phrase used to describe education is "an investment in human capital." Similar to how individuals invest in financial assets to produce money, they also invest in human capital. In general, those who have more education make more money.
What are the benefits of education?With its positive effects on health and livelihoods, social stability, and long-term economic growth, education is a potent force for change. Each of the 17 sustainable development goals must be achieved in order for it to succeed.
Among other things, income consists of wages, rent, interest, dividends, and subsidies. Due to their higher investment and saving rates compared to other classes, the rich or upper class tends to have a bigger percentage of unearned income in their overall income. The quality of a person's education and talents are immediately reflected in their employment.
Learn more about education here:
https://brainly.com/question/18023991
#SPJ1
Firms that are perfectly competitive will have a ________ value of the marginal product curve. g
Firms that are perfectly competitive will have a horizontal value of the marginal product curve.
In a perfectly competitive market, a firm is considered to be a price taker, meaning it has no control over the market price of the goods or services it produces. The firm takes the market price as given and adjusts its quantity of production accordingly.The value of the marginal product (VMP) refers to the additional revenue generated by employing one additional unit of a variable input, such as labor, while keeping other inputs constant.
In a perfectly competitive market, the marginal product of each unit of the variable input is equal to the market price of the product.
Learn more about perfectly competitive here:https://brainly.com/question/4190313
#SPJ11
John paid $10,000 in mortgage interest last year. He and his wife earned $150,000 from their jobs last year. Based on their circumstances, they can deduct the mortgage interest from their taxable income, meaning they only have to
pay federal income tax on what amount?
Answer:
$140,000
Explanation:
$150,000-$10,000= $140,000
How can information-management companies help you as an entrepreneur? A. They can help you widen your customer base. B. They can extend credit to you. C. They can help you check your customer’s credit rating performance. D. They can insure you against fraud customers.
Answer:
A. They can help you widen your customer base.
Explanation:
Answer:
C) They can help you check your customer's credit rating performance.
Explanation:
This is for anyone who struggles with Plato.
Straight-Line Depreciation A building acquired at the beginning of the year at a cost of $118,600 has an estimated residual value of $4,600 and an estimated useful life of 10 years. Determine the following: (a) The depreciable cost (b) The straight-line rate (c) The annual straight-line depreciation
For a building with a cost of $118,600, a residual value of $4,600, and a useful life of 10 years, the depreciable cost is $114,000, the straight-line rate is 10%, and the annual straight-line depreciation is $11,400.
(a) The depreciable cost is the portion of the cost of the building that can be depreciated over its useful life. It is calculated by subtracting the estimated residual value from the cost of the building:
Depreciable cost = Cost of building - Residual value
Depreciable cost = $118,600 - $4,600
Depreciable cost = $114,000
(b) The straight-line rate is the percentage of the depreciable cost that is depreciated each year. It is calculated by dividing the annual depreciation by the depreciable cost:
Straight-line rate = Annual depreciation / Depreciable cost
Since the building has an estimated useful life of 10 years, the annual straight-line depreciation is:
(c) Annual straight-line depreciation = Depreciable cost / Useful life
Annual straight-line depreciation = $114,000 / 10
Annual straight-line depreciation = $11,400
Therefore, the straight-line rate is:
Straight-line rate = $11,400 / $114,000
Straight-line rate = 10%
The annual straight-line depreciation is $11,400.
know more about residual value here: brainly.com/question/32233662
#SPJ11