It's crucial to find an environment that aligns with your values, supports your professional growth, and enables you to perform at your best.
Some general insights on work environments and cultures that are often considered ideal by many individuals:
Collaborative and inclusive: An environment that fosters collaboration, teamwork, and inclusivity can be highly desirable. It encourages open communication, idea sharing, and a sense of belonging among team members.
Supportive and positive: A positive work environment where employees feel supported, appreciated, and valued can enhance job satisfaction. This includes constructive feedback, recognition for achievements, and a focus on employee well-being.
Flexible and adaptable: Many people appreciate a work environment that offers flexibility in terms of work hours, remote work options, and the ability to adapt to changing circumstances. This flexibility promotes work-life balance and allows individuals to perform at their best.
Innovative and growth-oriented: A culture that values innovation, encourages learning and development, and provides opportunities for personal and professional growth can be highly motivating. Employees thrive in an environment that supports creativity, continuous improvement, and career advancement.
Ethical and transparent: An organization with a strong ethical framework and transparent communication cultivates trust and integrity. Employees appreciate working in an environment where ethical behavior is valued, and decision-making processes are transparent.
It's important to note that the ideal work environment and culture can vary depending on individual preferences, industry, job role, and personal circumstances. What may be ideal for one person may not necessarily be the same for others.
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the insider quiz Bergman received a box of documents on his doorstep. What is the name of the company where the documents came from
The name of the company where the documents received by Bergman came from is B. Brown & Williamson.
What was Brown & Williamson?Brown & Williamson Tobacco Corporation was the third-largest tobacco company in the United States.
Brown & Williamson Tobacco Corporation became infamous as the focus of investigations by Lowell Bergman in 2000 for chemically enhancing the addictiveness of cigarettes.
Answer Options:A. American Tobacco Company
B. Brown & Williamson Tobacco Company
C. Liggett Group
D. Lorillard Tobacco Company
E. Phillip Morris USA O RJ Reynolds
Thus, the name of the company where the documents received by Bergman came from is B. Brown & Williamson.
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Cray Company started year 2 with $60,000 in its cash and common stock accounts. During year 2 Cray paid $45,000 cash for employee compensation. Assume this is the only transaction that occurred in year 2. Required Determine the total amount of assets at the end of year 2, assuming Cray is a manufacturing company and the employees were paid to make products. Determine the amount of expense recognized on the year 2 income statement, assuming Cray is a manufacturing company and the employees were paid to make products. Determine the total amount of assets at the end of year 2, assuming Cray is a service company. Determine the amount of expense recognized on the year 2 income statement, assuming Cray is a service company.
Answer:
Hi BubbleTeaLover!
Here you go:
Manufacturing:
Total Assets: $60,000
Total Expenses: $0
Service:
Total Assets: $15,000
Total Expenses: $45,000
Sports Socks has a policy of always paying within the discount period and each of its suppliers provides a discount of 2% if paid within 10 days of purchase. Because of the purchase policy, 85% of its payments are made in the month of purchase and 15% are made the following month. The direct materials budget provides for purchases of $132,000 in November, $299,000 in December, $239,000 in January, and $227,000 in February. What is the balance in accounts payable for January 31, and February 28?
Ending Balance
January $
February $
The balances in the Sports Socks' accounts payable are as follows:
January = $35,850February = $34,050.How are the balances computed?The accounts payable balances for January and February are 15% of the month's purchases, which are left unpaid within the purchase month.
Sports Socks takes advantage of the 2% discount for prompt payment to settle 85% of all purchases for the month. This leaves 15% of each month's purchases unsettled until the following month.
Direct Materials BudgetNovember December January February
Purchases $132,000 $299,000 $239,000 $227,000
Cash Payments:
85% Purchase month $112,200 $254,150 $203,150 $192,950
15% Following month 19,800 44,850 35,850
Balances in Accounts Payable:January = $35,850 ($239,000 x 15%)
February = $34,050($227,000 x 15%)
Thus, Sports Socks reduces its cost of purchases by paying 85% within the discount period and accesses a short-term credit of 15% of its purchases.
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What type of information is required on a 1040EZ form? (Select the best answer.)
A. Your gross and net income for the previous year
B. A financial projection for the next year
C. Your bank statements from the previous year
D. A list of each purchase made in the previous year
Answer:
A. your gross and net income for the previous year.
Explanation:
took the test.
Question 1
State the accounting equation and show how each of the
following transactions undertaken by Nana Amakye Ltd in
June, 2018 can affect the equation:
a) Purchased goods for sale on credit GH¢250,000.
b) Bought office furniture with cheque GH¢10,500.
c) Sold goods costing GH¢50,000 on credit GH¢90,000.
d) Sold goods costing GH¢25,000 for cash GH¢50,000.
e) Nana Amakye, the sole shareholder of the company
introduced additional capital of GH¢75,000 by
depositing a cheque in the company's bank account for
1,000,000 ordinary shares.
f) The business received interest GH¢500 on its savings
account.
g) Nana Amakye gave goods worth GH 3,000 to a friend
as a birthday gift on 20th May.
h) Paid Adwoa a trade creditor GH¢150,000.
Accounting Equation evolves in the formula: Assets=Liabilities +Owner's Equity. This equation is always taken into consideration when recording transactions even adjusting entries and closing entries. As every belongings will increase there is a corresponding amplify in liability or make bigger in owners equity.
How would the accounting equation be affected with the aid of a business buying materials using cash?
The buy of elements has no impact on the accounting equation. This will neither extend nor limit assets, liabilities, and equity accounts. However, there will be changes in every of the specific accounts in assets, particularly the resources and cash.
What is the impact on the statement of monetary position of a enterprise buying supplies for cash?
When you're dealing with workplace components as a modern-day asset, then the use of the workplace supplies will limit an asset. Since they were offered in cash, which capacity no liabilities have been incurred, that capacity that the owner's fairness will additionally decrease.
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Data related to the expected sales of laptops and tablets for Tech Products Inc. for the current year, which is typical of recent years, are as follows: Products Unit Selling Price Unit Variable Cost Sales Mix Laptops $1,000 $500 40% Tablets 600 300 60% The estimated fixed costs for the current year are $3,192,000. Required: 1. Determine the estimated units of sales of the overall (total) product, E, necessary to reach the break-even point for the current year.
Answer:
Break-even point (units)= 8,400
Explanation:
Giving the following information:
Laptops $1,000 $500 40%
Tablets 600 300 60%
Fixed costs= $3,192,000
To calculate the break-even point for the whole company, we need to use the following formula:
Break-even point (units)= Total fixed costs / Weighted average contribution margin
Weighted average contribution margin= (weighted average selling price - weighted average unitary variable cost)
Weighted average contribution margin= (0.4*1.000 + 0.6*600) - (0.4*500 + 0.6*300)
Weighted average contribution margin= $380
Break-even point (units)= 3,192,000 / 380
Break-even point (units)= 8,400
"Is college the best choice?" Using economic reasoning skills you have learned in this course, you will write an extended paragraph making a claim to the prompt, cite two pieces of evidence directly from the sources, and explain your reasoning of how this evidence connects to the claim.
Answer:
College education is undoubtedly the best choice for individuals seeking higher-paying jobs and better career prospects. According to the Bureau of Labor Statistics, individuals with a bachelor's degree earn an average of $1,248 per week, while those with only a high school diploma earn an average of $746 per week. This means that college graduates earn almost twice as much as those without a college degree. Additionally, a report by Georgetown University's Center on Education and the Workforce found that by 2020, 65% of all jobs in the United States will require some form of postsecondary education. This means that individuals without a college degree will have limited job opportunities and will be at a disadvantage in the job market.
The evidence from the Bureau of Labor Statistics and Georgetown University's Center on Education and the Workforce supports the claim that college education is the best choice. The higher earnings of college graduates compared to those without a college degree indicate that investing in a college education can lead to better financial outcomes. Furthermore, the report by Georgetown University's Center on Education and the Workforce highlights the increasing demand for postsecondary education in the job market. This means that individuals without a college degree will have limited job opportunities and will be at a disadvantage in the job market. Therefore, it is clear that college education is the best choice for individuals seeking higher-paying jobs and better career prospects.
The service sector is important for all of the following reasons EXCEPT Select one: A. services make an important contribution to the GDP in most countries (b). services provide jobs (c). trade in services can provide traditional and new export opportunities (d. )services produce many types of goods
Answer:
Answer letter C.
Trade in service can provide traditional and new export opportunities
The service sector is important for all of the following reasons except services produce many types of goods. Thus, option 'D' is the correct option.
Why service sector is important?The third layer of the three-sector economy is the service sector, commonly referred to as the tertiary sector. This industry produces maintenance and repairs, training, or consultancy instead of products. Jobs in the service industry include education, nursing, housekeeping, and tours.
Contrarily, those who work in the manufacturing or industrial sectors create physical products like clothing, equipment, and automobiles. After manufacturing and the production of raw materials, the service sector makes up the third sector of the economy.
From office cleaning to rock concerts to brain surgery, the service industry offers a vast range of both real and intangible services. In terms of value-added, the service sector is the largest in the world economy and is particularly significant in more developed nations.
Therefore, option 'D" (services produce many types of goods) is the correct statement.
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Questions for Critical Thinking
1. Do you think Quirky’s basic business model is sound and fair? If you could suggest any changes, what would they be?
2. To what degree does Quirky’s business reflect the attributes of a sound business idea as described in Chapter 2?
3. In what other product areas would Quirky’s business model work the best?
4. Think of the challenges in your own life that might represent a product idea for Quirky. If you don’t think of something right away, don’t give up. All of us encounter problems and challenges in our everyday lives that might represent the basis of a promising idea. Be prepared to describe to others one of the challenges or problems you encounter and how a solution to the problem could be fashioned into a product idea to submit to Quirky.
Critical thinking questions1. Do you think Quirky’s basic business model is sound and fair? If you could suggest any changes, what would they be? Quirky’s basic business model is sound and fair because they involve the public in developing products by taking ideas from people and turning them into products, splitting the profits from the product sales with the inventor, and also collaborating with the inventor from the start of the idea to its final product.
However, there are a few changes I would suggest. First, the public could have more control over which product idea is to be developed into a product. Second, the company could offer more compensation to the inventor, especially if the product becomes a commercial success.2.
To what degree does Quirky’s business reflect the attributes of a sound business idea as described in Chapter 2?Quirky’s business idea reflects the attributes of a sound business as described in Chapter 2 of the text, including the following attributes:
Quirky is innovative in its business model, as it involves the public in developing products.Quirky has a good system of assessing the market’s demand for each product idea.
Quirky has a flexible business model, as it is able to adapt to changes in the market.3. In what other product areas would Quirky’s business model work the best?
Quirky’s business model could work well in a number of other product areas, including Home improvement and do-it-yourself (DIY) products;
Fashion and clothing; Outdoor gear and accessories; Personal care and hygiene; Consumer electronics.4. Think of the challenges in your own life that might represent a product idea for Quirky. If you don’t think of something right away, don’t give up.
All of us encounter problems and challenges in our everyday lives that might represent the basis of a promising idea. Be prepared to describe to others one of the challenges or problems you encounter and how a solution to the problem could be fashioned into a product idea to submit to Quirky.
One of the challenges I have encountered is the issue of losing small items such as keys, earrings, and others. A solution to this challenge could be fashioned into a product idea by developing a small, inexpensive device that could be attached to small items.
The device would emit a signal that would be detected by an app on the user’s phone if the item were lost. This could be developed into a product idea and submitted to Quirky for further development.
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what is the difference between quantity demand and quantity supply.
Answer:
The distinction between supply and quantity supplied is similar to the difference between demand and quantity demanded. If the market price of a product increases, then the quantity supplied increases, and vice versa.
Explanation:
.....
Công ty ABC với ngành nghề hoạt động sản xuất, kinh doanh sữa và các sản phẩm từ sữa cũng như thiết bị máy móc liên quan tại Việt Nam được hình thành từ năm 1976, đã lớn mạnh và trở thành doanh nghiệp hàng đầu của ngành công nghiệp chế biến sữa, hiện chiếm lĩnh 35% thị phần sữa tại Việt Nam. Ngoài việc phân phối mạnh trong nước với mạng lưới 244 nhà phân phối và gần 140.000 điểm bán hàng phủ đều 64/64 tỉnh thành, sản phẩm ABC còn được xuất khẩu sang nhiều nước Mỹ, Pháp, Canada, Ba Lan, Đức, khu vực Trung Đông, Đông Nam Á…Đây là lần đầu tiên và duy nhất một công ty Việt Nam được tạp chí chuyên xếp hạng Forbes Asia ghi nhận và bình chọn.
Sau hơn 30 năm ra mắt người tiêu dùng, đến nay ABC đã xây dựng được 8 nhà máy, 1 xí nghiệp và đang xây dựng thêm 3 nhà máy mới, với sự đa dạng về sản phẩm, ABC hiện có trên 200 mặt hàng sữa và các sản phẩm chủ lực là sữa nước và sữa bột; sản phẩm có giá trị cộng thêm như sữa đặc, yoghurt ăn và yoghurt uống, kem và phó mát. ABC cung cấp cho thị trường một những danh mục các sản phẩm, hương vị và qui cách bao bì có nhiều lựa chọn nhất.
Theo thống kê số liệu mới nhất về doanh thu qua các năm của nhóm sản phẩm chủ lực:
Các SBU chủ lực Doanh thu lịch sử qua các năm
2017 2018 2019 2020
Sữa nước 105 140 175 210
Sữa bột 45 60 75 90
SP có giá trị cộng thêm 300 400 500 600
Đơn vị: Triệu USD
Tầm nhìn của ABC trong tương lai ““Trở thành biểu tượng niềm tin hàng đầu Việt Nam về sản phẩm dinh dưỡng và sức khỏe phục vụ cuộc sống con người“”
Sứ mệnh “ABC cam kết mang đến cho cộng đồng nguồn dinh dưỡng và chất lượng cao cấp hàng đầu bằng chính sự trân trọng, tình yêu và trách nhiệm cao của mình với cuộc sống con người và xã hội”
Giá trị cốt lõi “Chính trực – Tôn trọng - Công bằng – Đạo đức – Tuân thủ”
Trong một bài phát biểu mới nhất của mình trên tạp chí Kinh tế đầu tư vào tháng 12 năm 2020 CEO của ABC cho rằng “Trong tương lai, ABC sẽ tập trung vào các chiến lược phát triển thị trường sang các quốc gia Đông Nam Á, liên kết vùng nguyên liệu trồng cỏ chăn nuôi bò để có nguồn sữa sạch cho ra đời những sản phẩm sữa chất lượng 100% từ thiên nhiên. Theo số liệu thống kê doanh thu hiện tại năm 2020 là 900 triệu USD, trong tương lai đến năm 2025 mục tiêu chiến lược dài hạn doanh thu ABC phải đạt 2,5 tỷ USD và đứng số 1 thương hiệu sữa Đông Nam Á”
Sinh viên trả lời các câu hỏi sau:
1. SV áp dụng các công cụ phân tích môi trường bên ngoài, phân tích chỉ ra 15 cơ hội và nguy cơ của ABC tại thời điểm hiện tại (Chú ý các nguồn thông tin minh chứng, trích dẫn thông tin đầy đủ đính kèm)
Answer:
Ai tl câu hỏi này giùm e vớiqaj
Explanation:
Search to find any summary about the company that mentions funds for starting the business.
Look to see what kinds of products or services will be involved with the business.
Step 2. Search to find any summary about the company that mentions funds for starting the business. Try to find any information containing employee data in this section. Step 3. Find the section where the product or service is detailed. Look to see what kinds of products or services will be involved with the business. Compare this with what other similar business plans are offering.
Record the information you found for steps 2 and 3. Make sure you discuss how the company got money to start the business, employee data, and what products or services the company provides in comparison with what other similar business plans are offering.
After conducting research on the internet, a summary about a company that mentions funds for starting the business, employee data, and products or services that the company provides compared to other similar business plans has been found.
The company’s name is K-12 Business Education Services and they specialize in providing online business courses to K-12 schools. Their courses are designed to help students learn about business principles such as marketing, finance, accounting, and entrepreneurship. The company’s business plan indicates that they have received funding from several sources including angel investors, venture capitalists, and bank loans. They also have a team of experienced employees who have been in the business education industry for many years. According to the company’s website, they offer a wide range of courses that are designed to be engaging and interactive. Students can learn at their own pace and can complete their coursework from anywhere with an internet connection. The courses are also designed to be affordable, which makes them accessible to a wider range of students. In comparison to other similar business plans, K-12 Business Education Services is unique in that they offer a comprehensive range of courses that are designed specifically for K-12 students. Other similar business plans tend to focus on providing courses for adult learners or students who are already enrolled in college. Additionally, K-12 Business Education Services has received funding from several sources, which indicates that they are a promising start-up that has the potential to grow and expand in the future.For such more question on entrepreneurship
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Which options are available when exporting a table definition and data? Check all that apply
Answer: 1. appending data to an existing table
4. creating a new table and inserting data
Explanation:
Ramirez company installs a computerized manufacturing machine in its factory at tje beginning of the year at a cost of $44,200. The machine's useful life is estimated at 10 years or 392,000 units of production with a 5,000 salvage value. During its second year, the machine produces 33,200 units of products
Answer:
Ramirez company installs a computerized manufacturing machine in its factory at tje beginning of the year at a cost of $44,200. The machine's useful life is estimated at 10 years or 392,000 units of production with a 5,000 salvage value. During its second year, the machine produces 33,200 units of pr
From the following information prepare Manufacturing, Trading and Profit and Loss account for the year ended 31/12/2012. Show clearly the Prime Cost, Factory Cost of completed Production and Cost of Sales.
GH¢
Stock of raw materials- 1,1/12 25,000
Work in progress 1/1/12 16,000
Stock of finished goods 39,000
Purchases of raw materials 48,000
Carriage inwards 3,700
Carriage outwards 5,000
Direct wages (manufacturing) 25,000
Admin. Salaries 12,500
Hire of special machine for production 5,200
Warehouse expenses 2,300
Supervisor’s wages 6,800
Royalties payable 7,500
Factory electricity 1,600
Heat and light 9,200
Returns outwards 7,600
Bad debts 750
Discount allowed 240
Depreciation on Plant 1,750
Plant – Cost 6,600
Transportation 2,000
Delivery van expenses 850
Rent and rates (factory3/4 office ¼) 1,900
Salesman’s commission 3,000
Profit on the sale of scrap 400
10% Loan 15,000
Bank charges 750
Insurance on plant 1,980
Advertising 5,400
Repairs to plant 10,600
Sales
Stock of raw materials at 31/12/12 13,500
Work in progress at factory cost 15,800
Finished goods 24,700
The US Senate overwhelmingly passed the 2022 Defense Authorization Act. The $768 billion "Defense Authorization Act" not only exceeds the defense spending proposed by the Biden administration by $25 billion, but also increases the US defense budget by about 5% compared to last year.
The US Senate passed the 2022 Defense Authorization Act, a $768 billion bill that surpasses the Biden administration's defense spending proposal by $25 billion and represents a 5% increase in the US defense budget compared to the previous year.
1. The US Senate passed the 2022 Defense Authorization Act.
2. The Defense Authorization Act is a bill that determines the budget and expenditures for the US defense sector.
3. The total amount allocated for the Defense Authorization Act is $768 billion.
4. The defense spending proposed by the Biden administration was exceeded by $25 billion in this Act.
5. The Act represents a 5% increase in the US defense budget when compared to the previous year.
6. This increase in the defense budget indicates a commitment to strengthening the country's defense capabilities.
7. The Act was passed overwhelmingly, indicating strong support from the Senate.
8. The Defense Authorization Act is an essential piece of legislation that ensures the funding and resources necessary for the US military to carry out its operations effectively.
9. The Act covers various aspects of defense spending, including military personnel, equipment, research and development, and strategic initiatives.
10. By passing the Defense Authorization Act, the US Senate has demonstrated its commitment to national security and defense preparedness.
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key account managers and the key account team have a high level of job satisfaction when: group of answer choices management provides them with the assistance and support needed to meet unusual and non-routine problems. they perceive themselves to have an active part in determining company policies and standards that affect the key customer. they perceive that their top management recognizes their accomplishments. all of the above
When the main account team feels that their top management appreciates their achievements, they have a high degree of work satisfaction.
What is customer and example?A customer is often thought of as someone who makes a purchase of a good, service, or product. Customers are more clearly defined as individuals or organizations that are presently purchasing, have recently purchased, or may be considering purchasing a good or service from some other person or business.
What are customer loyalty and care?Customer loyalty is a continuing emotional bond between yourself and your customers that shows in their willingness to interact with you and make repeat purchases from you as opposed to your competition. When a consumer has a good experience with you, loyalty develops naturally and helps to build trust.
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Two independent companies, Denver and Bristol, each own a warehouse, and they agree to an exchange in which no cash changes hands. The following information for the two warehouses is available:Denver BristolCost $90,000 $45,000Accumulated depreciation 55,000 25,000Fair value 30,000 30,000Required:1. Assuming the exchange has commercial substance, prepare journal entries for both Denver and Bristol to record the exchange.2. Assuming the exchange does not have commercial substance, prepare journal entries for both Denver and Bristol to record the exchange.
Answer:
1. In the books of Denver
Dr Accumulated depreciation 55000
Dr Warehouse (new) 30000
Dr Loss on disposal 7000
Cr Warehouse (old) 90000
Cr Cash 2000
2. In the Books of Bristol:
Dr Cash 2000
Dr Warehouse (new) 28,000
Dr Accumulated depreciation 25000
Cr Loss on disposal 10000
Cr Warehouse (old) 45000
Explanation:
1. Preparation of the journal entries for Denver
In the books of Denver
Dr Accumulated depreciation 55000
Dr Warehouse (new) 30000
($28000 + $2000)
Dr Loss on disposal 7000
(90,000+2,000-55,000-30,000)
Cr Warehouse (old) 90000
Cr Cash 2000
(Being To record the exchange of warehouse)
2. Prepare of the journal entries for Bristol
In the Books of Bristol:
Dr Cash 2000
Dr Warehouse (new) 28,000
($30000 - $2000)
Dr Accumulated depreciation 25000
Cr Loss on disposal 10000
(2000+28,000+25,000-45,000)
Cr Warehouse (old) 45000
(Being To record the exchange of warehouse)
How will the aggressive eh commerce plan implemented by Walmart affect operations at its retail locations
Answer:
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what is organizational behavior in a organization
Answer:
Organizational behavior is the academic study of how people act inside of groups. Its principles are applied primarily in attempts to make businesses work more efficiently
Answer:
the academic study of how people act within groups
Explanation:
The owners of all the Chrysler auto dealerships in a large metropolitan area have an informal meeting during a golf outing. During the meeting, they agree to limit
their orders of a new model of automobile that has received excellent reviews from the trade press for its styling and handling characteristics. Restricting orders will
permit the dealers to sell these models at a price that will be at or above the manufacturer's
suggested retail price for the vehicle. As a result, the dealers will make
more profit on each vehicle sold, due to the high demand for the new model. This type of agreement would be viewed by the courts as
Multiple Choice
horizontal collusion that is illegal
horizontal collusion that is legal.
vertical collusion that is legal
vertical collusion that is illegal
an exclusive distribution arrangement that is legal
help please
Answer:
the second one is it
Explanation:
i think
What is a significant factor to consider when marketing a business in the hospitality and tourism industry?
There are some important and significant factors to consider when marketing a business in the hospitality and tourism industry, by considering this brief description is given below:
When marketing a business in the hospitality and tourism industry, one important factor to consider is the customer experience. This means making sure that customers have a great experience from start to finish, such as when booking or checking out.
To achieve this, businesses need to understand the needs and preferences of their target audience and tailor their marketing efforts accordingly. Providing excellent customer service, having clean facilities, and promoting unique experiences are all crucial elements to creating a positive experience for customers.
By focusing on the customer experience, businesses can attract and retain customers and create a positive reputation, leading to more business and referrals.
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Why are single stock so dangerous as investments? Can you provide current market examples that have the potential to destroy portfolios based on single stocks? (name the stock)
Why should you be debt free before you begin long-term investing?
If you could create the perfect mutual fund, what companies would you put in it?
Answer:
There are two rules to investing. Rule number one, don’t lose money. Rule number two, see rule number one.” Individual stocks are far riskier than a well-diversified basket of stocks. According to Cambridge Associates, during the 10 year period ended June 30, 2013, 55 stocks in the S&P 500 lost at least half of their market value.
Explanation:
Grover contracts to sell two tracts of land to Hank. Both parties believe that the two tracts are adjacent, but in fact they are not. Grover is still willing to sell the land, but under these circumstances the deal would adversely affect Hank. The parties belief about the adjacency of the property is:
Answer:
A bilateral mistake
Explanation:
The mistakes of fact
This simply occurs in two forms. They are:
1. bilateral
2. Unilateral
Unilateral mistake of fact
This is simply said to happen if and only when one party is mistaken. This form of mistake of fact makes contract voidable.
Bilateral Mistake of facts
This form of mistake usually involves both parties. It is simply called a mutual mistake. This is also defined as mutual omissions or misunderstanding on simple assumption on which the contract was made.
Which of the following activities will allow an engineer to determine that a building’s design is sound?
Answer: if i am not mistake following osha
safety
Explanation:
A cash flow at time zero (now) of $ is equivalent to another cash flow that is an EOY annuity of $ over years (starting at year 1). Each of these two cash-flow series is equivalent to a third series, which is a uniform gradient series. What is the value of G for this third series over the same -year time interval? Assume that the cash flow at the end of year one is zero.
Answer:
$1,354
Explanation:
The computation of the value of G for the third series over the same year interval is shown below:
Zero time cash flow = End of the year annuity amount × ((P/A, i, 5)
$9,982 = $2,500 × (P/A, i, 5)
where,
i = 8 per year
$9,982 = G × (P/G, 8%, 5) = 7.372
G = $9,982 ÷ 7.372
= $1,354
Hence, the value of G for this third series over the same year time interval is $1,354
The owner of Kat Motel wants to develop a time standard for the task of cleaning a cat cage. In a preliminary study, she observed one of her workers perform this task six times, with the following results:
Observation
1
2
3
4
5
6
52
Time (seconds)
27
30
54
69.8
98
What is the standard time for this task if the employee performance rating is 5.9% percent, and an allowance of 10.8 percent of job time is used?
seconds
Given: 1 2 3 4 6 Observation Time 5 93 99 87 90 81 90. Observed Time = Average of 6 samples -> ( 99+87 + 90 + 81 + 93 + 90 )/6 = 90. This observed time is at 50% faster rate. Hence Normal Time would be 90*3/2 = 135 seconds.
Standard Time : The standard time for a job can be obtained by multiplying the normal time by an appropriate allowance factor. Hence Standard Time = 135*1.1 = 148.5 ~ 150 seconds.
The synchronisation of clocks inside an area of geography to a single time standard, instead of a local mean time standard, is known as standard time. In general, standard time agrees with local mean time at a few meridian that passes through the area, usually near the centre. Standard time was established in the nineteenth century to help with weather forecasting as well as train travel. Geographical regions became time zones when they were applied globally in the twentieth century.
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Windborn Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock.
The following amounts were distributed as dividends:
20Y1 $30,000
20Y2 12,000
20Y3 45,000
Common Stock
(dividends per share)
I cannot figure out Y1 or Y3
The dividends per share for the common stock in year 1 (Y1) is $0.60 per share, and in year 3 (Y3) is $0.90 per share.
To calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3), we need to determine the total dividends distributed and divide them by the number of common shares outstanding.
Given information:
Cumulative preferred stock: 15,000 shares, 1% dividend
Common stock: 50,000 shares, $30 par value
Dividends distributed:
Y1: $30,000
Y2: $12,000
Y3: $45,000
First, let's calculate the dividends per share for the cumulative preferred stock in each year.
Dividends per share for cumulative preferred stock = (Par value * Dividend rate) / Number of preferred shares
Dividends per share for cumulative preferred stock = ($100 * 1%) / 15,000 shares
Dividends per share for cumulative preferred stock = $1 / 15,000
Dividends per share for cumulative preferred stock = $0.000067 per share
Now, let's calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3).
For Y1:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $30,000 - ($0.000067 * 15,000)
Total dividends for common stock = $30,000 - $1.005
Total dividends for common stock = $29,998.995
Dividends per share for common stock in Y1 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y1 = $29,998.995 / 50,000 shares
Dividends per share for common stock in Y1 = $0.5999799 per share (rounded to $0.60 per share)
For Y3:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $45,000 - ($0.000067 * 15,000)
Total dividends for common stock = $45,000 - $1.005
Total dividends for common stock = $44,998.995
Dividends per share for common stock in Y3 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y3 = $44,998.995 / 50,000 shares
Dividends per share for common stock in Y3 = $0.8999799 per share (rounded to $0.90 per share)
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Question 1 of 5
What type of goal can help you be prepared for unexpected costs, such as
car repairs?
Long-term financial goal
An emergency fund
Retirement savings
Short-term financial goal
Subsi
Continue
A goal that can help you to be prepared when there are unexpected costs such as car repairs is An emergency fund.
How can you be prepared for unexpected costs?In order to be prepared for unexpected costs, the best thing to do is to have an emergency fund where you are able to save for when you may have to spend money that you are not prepared for.
The emergency fund would be best placed into an account that can earn interest but at the same time can be eaisly accessible. This was you can earn more money while saving for emergencies, and also be able to use the money for those unexpected costs.
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How much would $7,550 due in 50 years be worth today if the discount rate were 7.5%?
If we were to receive $7,550 in 50 years, in today's value and at a discount rate of 7.5%, it would be worth $203.
What is the present value of $7,550?You can find this out through the formula:
= Amount / (1 + rate) ^ number of periods
Solving gives:
= 7,550 / ( 1 + 7.5%)⁵⁰
= 7,550 / 1.075⁵⁰
= $203
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