Answers
Question:
If an organization tracks its strategy implementation, looks for problem areas, evaluates whether the problem areas indicate any weakness in the strategy, and makes any necessary changes, then it is using:
A) Organizational controls
B) Tactical controls
C) Behavioral controls
D) Strategic controls
Answer:
The correct option is D) Strategic controls
Explanation:
Strategic controls refer to the process which helps one to easily and immediately change direction where if proposed strategies do not create anticipated results.
For example, if a company X, decides to reduce prices to drive sales and increase market share albeit, at a cost to its bottom line, where there is no increase in sales, an effective strategic control process would be to quickly reverse the situation to the status quo before implementation and thereafter go back to the drawing table to check why demand is low.
Demand could be weak because, quality of products, or services, do not meet consumer expectations, it could be that there is a violation of one of the 'P' of marketing such as Positioning.
The head of strategy thus reviews and plans the next move to ensure that changes are effected.
Cheers!
Related Questions
Denzel Corporation is planning to issue bonds with a face value of $730,000 and a coupon rate of 7.5 percent. The bonds mature in 6 years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Denzel uses the effective-interest amortization method and also uses a discount account. Assume an annual market rate of interest of 8.5 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1)
Note: Use appropriate factor(s) from the tables provided.
Required:
1. and 2. Prepare the journal entries to record the issuance of the bonds and interest payment on June 30 of this year.
3. What bonds payable amount will Denzel report on its June 30 balance sheet?
Answers
1. and 2. The journal entries to record the issuance of the bonds on January 1 and the interest payment on June 30 are as follows:
Journal Entries:January 1 Debit Cash $696,236
Debit Bond Discounts $33,764
Credit Bonds Payable $730,000
To record the issuance of the bonds.June 30 Debit Interest Expense $29,590
Credit Bonds Amortization $2,215
Credit Cash $27,375
To record the first payment of interest.3. The Bonds Payable on June 30 will be reported in the balance sheet as $698,451.
Bond face value = $730,000
Bonds proceeds = $696,236
Bond discount = $33,764 ($730,000 - $696,236)
Coupon rate = 7.5%
Market rate = 8.5%
Bond maturity period = 6 years
Interest payment = semiannually
Amortization method = Effective interest
N (# of periods) = 12 (6 x 2)
I/Y (Interest per year) = 8.5%
PMT (Periodic Payment) = $27,375
FV (Future Value) = $730,000
Results:
PV = $696,236.06
Sum of all periodic payments = $328,500.00
Total Interest = $362,263.94
Transaction Analysis:January 1 Cash $696,236 Bond Discounts $33,764 Bonds Payable $730,000
June 30 Interest Expense $29,590 Bonds Amortization $2,215 Cash $27,375
Bonds Payable on June 30 = $698,451 ($696,236 + $2,215)
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As the workforce becomes more diverse, why does performance appraisal become a more difficult process?
Answers
Answer: The diversification of the employees in the organization will bring about a larger difference between the workers and raters and could invariably lead to bias at the workplace.
Explanation:
Performance appraisal is also called performance evaluation and it is when the performance of a worker in a company is being appraised or evaluated so as to improve efficiency and output.
The diversification of the employees in the organization will bring about a larger difference between the employees and the raters who are rating them. Hence, the above situation can lead to biases and unfairness in the workplace.
Which of the following show negative cash flow?
Answers
Answer:
where are the answer choices
1. When talking about personal finances, always remember that you will either manage
your money or the lack of it will
Answers
It is correct to say that when talking about personal finance, always remember that you will manage your money or the lack of it, this being an essential topic for better control of your expenses and income.
How to increase control over your income and expenses?You can develop a personal budget, which is a simple and easy-to-do technique, where all your personal accounts for a period are exposed, whose objective is to increase understanding about your finances, your needs and allocation of resources for your goals.
Therefore, financial education is a topic that should be more instituted in schools and social institutions, to provide greater subsidies for individuals to understand how to balance their finances to increase their quality of life and avoid indebtedness.
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Vintage Manufacturing Inc makes a product which goes through three processesShaping, Baing and Packaging On May 1, 2023, Vintage Manufacturing Inc. had 120,000 units in its work in processInventory, 100% complete with respect to materials and 20% complete with respect to Conversion costs The beginning inventory. materials was valued at $130,000 and conversion:$33.600. During May, 160,000 units were startedin the Shaping Department with 170,000 units transferred to the Baking department during the month. The total cost of material is S570,000 and the total Conversion cost is S1,036.400 Materials are added at the beginning of the process. On May 31, 2023 the company's ending work in procesS was 40% complete as to conversion cost and 100% complete as to materials Required: Using the above information complete the Production Cost Report for the Shaping department
Answers
The Production Cost Report for the Shaping department is as follows:
Vintage Manufacturing Inc. - Production Cost Report (Shaping Department)
------------------------------------------------------------
Units:
- Beginning Inventory: 120,000 units
- Units started: 160,000 units
- Units transferred out: 170,000 units
- Ending Inventory: 110,000 units
Costs:
- Beginning Inventory:
- Materials: $130,000
- Conversion: $33,600
- Current Costs:
- Total Materials Cost: $570,000
- Total Conversion Cost: $1,036,400
Cost per Equivalent Unit:
- Materials: $570,000 / (160,000 + 120,000) = $1.71 per unit
- Conversion: $1,036,400 / (160,000 + 120,000) = $3.13 per unit
Cost Assignment:
- Transferred out:
- Materials Cost: 170,000 units x $1.71 per unit = $290,700
- Conversion Cost: 170,000 units x $3.13 per unit = $531,100
Ending Inventory:
Materials Cost: 110,000 units x $1.71 per unit = $188,100
Conversion Cost: 110,000 units x $3.13 per unit x 40% complete = $137,720
The Production Cost Report for the Shaping department provides information on the units and costs involved in the manufacturing process.
It shows the quantity of units in different stages, including the beginning and ending inventories, units started, and units transferred out. The report also breaks down the costs into materials and conversion costs.
To calculate the cost per equivalent unit, the total materials and conversion costs for the period are divided by the equivalent units of production (units started plus beginning inventory).
This helps in determining the cost per unit for both materials and conversion.
The cost assignment section calculates the cost of the units transferred out and the ending inventory.
For the units transferred out, the cost per unit is multiplied by the number of units transferred. For the ending inventory, the cost per unit is multiplied by the remaining units in inventory and the percentage of completion for conversion costs.
In this case, the Shaping department had a beginning inventory of 120,000 units. During May, 160,000 units were started, and 170,000 units were transferred out.
The ending inventory was 110,000 units. The costs were allocated accordingly, taking into account the cost per unit and the percentage of completion.
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The change in technology and the globalization have brought new pattern of organizing
today's companies, and thus, the managers need to consider these new concepts in
organization's design process. With this statement, discuss the emerging issues in
organization design and architecture.
Answers
Following are the emerging issues in organization design and architecture:Technology and Globalization, Customer Relations,Technical Knowledge, Flexibility, Employee's Well-being.
Following are the emerging issues in organization design and architecture:
Technology and Globalization: The modern era's rapid technology and globalization have forced the organizations to adopt a new pattern of organizing. Managers are focusing more on technology and globalization and they are ensuring that the company can cope with the emerging challenges.Customer Relations: Customers are the major driving force in every business. To maintain the customer base, the managers need to focus on customer relations as the organization's design process should be centered around their needs. This will help the managers in creating a company that provides excellent customer service to its customers.Technical Knowledge: The success of an organization depends on the technical knowledge of its managers. Managers need to have knowledge about new and emerging technologies so that they can use them to enhance the organization's capabilities. In addition, managers need to know how to apply this technical knowledge to improve the organization's structure and operations.Flexibility: Flexibility is a crucial component in the organization's design process. The managers need to design the organization that is flexible enough to adapt to new changes and technologies. This will help the managers in keeping up with the rapidly changing business environment.Employee's Well-being: The well-being of employees is also a significant issue in the organization's design process. The managers need to design the organization in a way that the employees can work efficiently, and their personal needs are also met. This will help in improving the employee's productivity and motivation level and ensure their loyalty to the organization.For more such questions on Globalization
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"Mr. Bergh sent the firm's then top 60 managers six questions about the pros and cons of the business - and started interviewing each of them." Why would Mr. Bergh ask his managers questions about the pros and cons of the business? What type of information was he attempting to retrieve in his interview process? Do you feel that this is an effective way of communication from a leadership perspective?
Answers
Mr. Bergh asked his managers about the pros and cons of the business to gather valuable insights, encourage collaboration, and enhance organizational performance, making it an effective communication approach from a leadership perspective.
Mr. Bergh likely asked his managers questions about the pros and cons of the business to gain valuable insights and feedback from those who have a deep understanding of the organization's operations. By seeking input from the top 60 managers, he could gather a comprehensive perspective on the strengths and weaknesses of the business.
In his interview process, Mr. Bergh was likely attempting to retrieve information about various aspects of the business, such as identifying areas of improvement, understanding challenges faced by the managers, exploring potential opportunities, and gathering ideas for strategic decision-making.
By asking specific questions, he could assess the managers' knowledge, critical thinking, and problem-solving abilities. The goal would be to obtain actionable insights that could inform the company's future direction and enhance its performance.
From a leadership perspective, this approach can be highly effective. Engaging with managers and soliciting their opinions demonstrates a collaborative and inclusive leadership style.
It empowers managers by involving them in decision-making processes and signaling that their expertise and perspectives are valued. It also fosters a culture of open communication, encourages creativity, and enables the organization to tap into the collective intelligence of its top management.
However, the effectiveness of this approach depends on the receptiveness of the managers, the level of trust and psychological safety within the organization, and how the collected feedback is utilized.
It is essential for leaders to create an environment where managers feel comfortable expressing their views and ensure that the information gathered is acted upon or considered in decision-making processes. Regular and transparent communication should follow to close the feedback loop and demonstrate a commitment to continuous improvement.
In summary, asking managers about the pros and cons of the business and conducting interviews can be an effective way for a leader to gather valuable insights, foster collaboration, and enhance organizational performance when accompanied by a supportive leadership style and a commitment to act upon the feedback received.
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Hugh has the choice between investing in a City of Heflin bond at 4.80 percent or investing in a Surething Inc. bond at 7.25 percent. Assuming that both bonds have the same nontax characteristics and that Hugh has a 40 percent marginal tax rate, what interest rate does Surething Inc. need to offer to make Hugh indifferent between investing in the two bonds
Answers
Answer:
8%
Explanation:
Calculation for what interest rate does Surething Inc. need to offer to make Hugh indifferent between investing in the two bonds
Using this formula
Interest rate=City of Heflin bond Percentage rate/(1 − Marginal tax rate)
Let plug in the formula
Interest rate=4.80% / (1 − 40%)
Interest rate=4.80%/60%
Interest rate= 8%
Therefore the interest rate that Surething Inc. need to offer to make Hugh indifferent between investing in the two bonds will be 8%
A home owner's insurance analysis by an
insurance company requires not only
inspection of the damage to the property, but
also a determination of
A. proof of property insurance
B. how much it will cost to fix the damage
C. who will pay for the damage
D. cost to other insurance companies
Answers
A home owner's insurance analysis by an insurance company requires not only inspection of the damage to the property, but also a determination of proof of property insurance. Thus, the correct answer is option A.
What is insurance?An insurance contract (policy) is a legal agreement wherein an insurer indemnifies another party for losses resulting from particular calamities or dangers. Insurance coverage come in a variety of forms. The most prevalent types of insurance are life, health, homeowners, and automobile.
A house inspection, which is intended to look for hidden structural problems in the home, is distinct from a home insurance inspection. The insurance provider can determine the replacement cost of a home through an inspection.
Also, the insurance provider uses this method to estimate our premium expenses and analyze risk in order to establish the possibility that you will need to make a claim for damages.
Therefore, along with the inspection of the damage to the property, insurance company also check the proof of property insurance during insurance analysis.
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Dustin, who is 48 years old, works for Pinnacle Inc., with a salary of $300,000, a car allowance, and a very nice expense account. Pinnacle is a Fortune 1,000 company that sponsors a defined benefit plan that pays 2 percent times years of participation times the average of the three final years of compensation. In addition, Pinnacle sponsors a 401(k) / profit sharing plan and contributes 18% of employees salary to the profit sharing plan. There is no additional match. If the ADP of the NHCEs is 3%, what is the maximum that Dustin can defer this year (2020)? a. $17,100. b. $14,250. c. $19,500. d. $5,700.
Answers
Answer:
c. $19,500.
Explanation:
Given that Pinnacle offer 401(k) proft sharing plan to Dustin, and Dustin is a 48 years old man. It should be noted that one of the benefits of this plan is that it allows the person involved to defer a portion of his paycheck to retirement account each month automatically.
However, it comes with certain limitations on how much can be saved. The limitation is dependent on age and compensation level. In which for the year 2020, the individual 401(k) contribution limit is pegged at $19,500, or $26,000 if such individual's age is 50years and above.
Hence, given that Dustin is 48 years old, the maximum that Dustin can defer this year (2020) is $19500. This is in contrast to the last year 2019, the individual 401(k) contribution limits were $19,000, or $25,000 if such individual is 50years and above.
JebCo has a $600,000 mortgage payable. The mortgage has a 4% interest rate. JebCo's monthly payments are $4,546. (Round all answers to the nearest dollar). a. Prepare the journal entry to record the first monthly payment on June 30, 2020? 6/30/2020 b. What is the Principal Balance of the Mortgage after the second monthly payment?
Answers
Answer:
a.
6/30/2020
Dr. Interest Expense ______ $2,000
Dr. Mortgage Loan Payable _ $2,546
Cr. Cash ________________ $4,546
b.
The Principal Balance of the mortgage is $594,899.51
Explanation:
As the monthly payment of $4,546 includes the principal and interest payment as well. First we need to determine the interest payment and then the residual value of the payment will be assigned to the principal payment.
a.
First Monthly payment
Interest payment = $600,000 x 4% x 1/12 = $2,000
Pricipal Payment = Monthly payment - Interest payment = $4,546 - $2,000 = $2,546
Balance of mortgage after payment = $600,000 - $2,546 = $597,454
Second Monthly payment
Interest payment = $597,454 x 4% x 1/12 = $1,991.51
Pricipal Payment = Monthly payment - Interest payment = $4,546 - $1,991.51 = $2,554.49
Balance of mortgage after payment = $597,454 - $2,554.49 = $594,899.51
The following citation is for a page on a Web site. Identify the error in the citation.
Answers
A regular checking account commonly earns interest true or false
Answers
Answer: False
Explanation: Traditionally, checking accounts are not interest-bearing accounts as savings accounts are, as they're designed for short-term cash that you'll spend soon. Savings accounts are better-known for earning interest, but these accounts ordinarily limit how often you can make certain withdrawals from the account.
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The accountant for Mandarin Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available:
Retained earnings balance at the beginning of the year $ 1,069,000
Net income for the year 355,000
Cash dividends declared for the year 67,000
Retained earnings balance at the end of the year 1,757,000
Cash dividends payable at the beginning of the year 15,000
Cash dividends payable at the end of the year 18,500
What is the amount of cash dividends paid that should be reported in the financing section of the statement of cash flows?
a) $100,500.
b) $3,500.
c) $63,500.
d) $70,500.
e) $67,000.
Answers
Answer:
C. $63,500
Explanation:
With regards to the above, information, the amount of cash dividends paid that should be recorded is computed as;
= Cash dividends payable at the beginning of the year + Cash dividends declared for the year - Cash dividends payable at the end of the year
= $15,000 + $67,000 - $18,500
= $63,500
Therefore, cash dividends paid that should be recorded in the financing section of the statement of cash flow is $63,500
On April 1 of Year 1, Respawn accepted a $12,000, 12-month, 10% note from a customer in granting a time extension on his past-due
account receivable. Respawn's year-end is December 31. Compute interest revenue recorded by Respawn in Year 1 and Year 2.
Year 1
Year 2
Interest Revenue
Answers
To calculate the interest revenue for year 1, we need to use the formula: Interest = Principle x Rate x Time
Principle = $12,000
Rate = 10% per annum
Time = 9/12 (Since the note was accepted on April 1 and year end is December 31, only 9 months have passed in year 1)
Therefore, Interest = $12,000 x 10% x 9/12 = $900
Respawn would record $900 as interest revenue in Year 1.
Year 2:
For Year 2, we need to calculate the interest based on the remaining 3 months of the note.
Principle = $12,000
Rate = 10% per annum
Time = 3/12 (Since only 3 months are remaining)
Therefore, Interest = $12,000 x 10% x 3/12 = $300
Respawn would record $300 as interest revenue in Year 2.
Note: In both years, the interest revenue would be recorded under the income statement as "Interest Revenue".
Deep discount bonds reflect questionable quality. True False
Answers
Answer:
I think "False" but I'm not sure.
Explanation:
I'm sorry if it's wrong.
how do I calculate the gain on disposal of these assets
Answers
To calculate the gain on disposal of assets, you need to use the following formula:
Gain on disposal = Proceeds from disposal - Carrying amount of the asset (i.e. Cost of the asset - Accumulated depreciation)When an asset is sold, the company receives cash which is known as the proceeds from disposal.
The carrying amount of the asset represents the historical cost of the asset less accumulated depreciation on the asset over its useful life.
Suppose a company sells a machine for $20,000. The original cost of the machine was $30,000, and its accumulated depreciation is $10,000. Then, the gain on disposal of the machine will be:Gain on disposal = $20,000 - ($30,000 - $10,000) = $20,000 - $20,000 = $0
Therefore, in this case, there is no gain or loss on the disposal of the machine.
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which of the following is not an advantage of budgeting?
Answers
Explanation:
where are the options of the question
Answer:
wasting of money
Explanation:
because that's is disadvantages of budgeting
4. When viewing a graph, you see that there is a
shift in the demand curve to the right for sub sandwiches. This could be the result of
•an increase in the price of subs
•an increase in the price of burgers, a substitute for subs
•an increase in the price of soda, a compliment for subs
•a change in quantity demanded
Answers
Answer:
an increase in the price of burgers, a substitute for subs
Explanation:
A substitute good is a good that can be consumed in place of another good. If the price of burgers increases, the demand for burgers would fall and there would be an increase in the demand for the cheaper subs. An increase in demand leads to a rightward shift of the demand curve.
A change in the price of a good leads to a movement along the demand curve for that good.
A compliment good is a good that is consumed with another good. If the price of soda rises, the demand for subs would fall and the demand curve would shift to the left
Bendel Inc. has an operating leverage of 4.3. If the company's sales increase by 15%, its net operating income should increase by about:
Answers
Answer:
64.5%
Explanation:
The requirements of this question is to calculate increase in net operating income.
Increase = 15 percent
Operating leverage = 4.3
increase in net operating income.
Operating leverage x sales increase
= 15 x 4.3
= 64.5%
I hope this answer is helpful.
What is one cost of avoiding insurance?
Answers
Answer: One of the costs of not having insurance is the cost of repairing. Another cost is paying insurance premiums. Losses caused by a lack of insurance are the price of not having insurance.
Answer:
falling into debt if faced with a serious problem
Explanation:
Investment timing options
Companies often need to choose between making an investment now or waiting till the company can gather more relevant information about the potential project. This opportunity to wait before making the decision is called the investment timing option.
Newtown Propane Co. is considering a three-year project that will require an initial investment of $43,500. If market demand is strong, Newtown Propane Co. thinks that the project will generate cash flows of $28,000 per year. However, if market demand is weak, the company believes that the project will generate cash flows of only $1,500 per year. The company thinks that there is a 50% chance that demand will be strong and a 50% chance that demand will be weak.
If the company uses a project cost of capital of 14%, what will be the expected net present value (NPV) of this project?
-$7,868
-$11,107
-$8,793
-$9,256
Answers
-$9,256 will be the expected net present value (NPV) of this project. If the company uses a project cost of capital of 14%.
Expected cash flow per year = 0.50 * 28000 + 0.50 * 1500 = 14750
NPV of the project if started today
NPV = PV of all cash flow - investment
NPV = 14750 * PVIFA 14%, 3 YEARS - $43500
PVIFA 14%, 3 years = (1/r)*(1-(1/(1+r)ⁿ))
NPV = 14750 * 2.321632 - $43500
NPV = $-9256
NPV of the project if started after a year
NPV = PV of all cash flow - investment
NPV = [($28000 * PVIFA 14%, 2 years) - $43500] * 0.5 * PVIF 14%, 1 year
PVIFA 14%, 1 year
1/(1+r)ⁿ
NPV = [(($28000 * 1.646661) - $43500) * 0.5] * 0.877193
NPV = 1143
Value of option to delay = 10399
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why must banks keep money on reserve?
Answers
Answer:
Bank reserves are the cash minimums that must be kept on hand by financial institutions in order to meet central bank requirements. The bank cannot lend the money but must keep it in the vault, on-site or at the central bank, in order to meet any large and unexpected demand for withdrawals.
Explanation:
Lunar coast Incorporated issued BBB bonds two years ago that provided a yield to maturity of 12.5 percent. Long-term risk-free government bonds were yielding 8.5 percent at that time. The current risk premium on BBB bonds versus government bonds is half of what it was two years ago. If the risk free long-term government bonds are currently yielding 7.8 percent, then at what rate should Lunar coast expect to issue new bonds?
Answers
Answer:
9.8%
Explanation:
Calculation to determine the what rate should Lunar coast expect to issue new bonds
First step is to calculate the previous risk premium, RPBBB
RP BBB= 12.5% - 8.5%
RP BBB= 4%
Second step is to calculate the previous risk premium new RP BBB:
New RP BBB= 4%/2
New RP BBB= 2%.
Now let calculate the new YTM on BBB bonds: YTM BBB= 7.8% + 2%
YTM BBB= 9.8%
Therefore The rate that that Lunar coast should expect to issue new bonds is 9.8%
under manufacturing what are the following national and international business opptunities
Answers
When nations cannot successfully produce a true or service, they can seek to acquire it through trade with every other country. These opportunities to specialize regularly lead to greater effectivity in production, greater levels of innovation, and extended satisfactory of development.
Which of the following is are kind kinds of global enterprise *?The fundamental sorts of International business include: Export Trade: Selling products and services to different nations. Import Trade: Buying items and offerings from different countries. Entrepot Trade: Importing items and offerings to re-export them to other nations.
Attract foreign demand: Some companies are unable to extend their market share due to fierce competition within the enterprise
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https://brainly.com/question/14926566#SPJ1The Eggers Corporation filed an amended Form 1120, claiming an additional $400,000 deduction for payments to a contractor for a prior tax year. The amended return was based on the entity's interpretation of a Regulation that defined deductible advance payment expenditures. The nature of Eggers's activity with the contractor did not exactly fit the language of the Regulation. Nevertheless, because so much tax was at stake, Eggers's tax department decided to claim the deduction. Eggers’s tax department estimated that there was only a 15% chance that Eggers’s interpretation would stand up to a Tax Court review.
a. What is the amount of tax penalty that Eggers is risking by taking this position?
b. What would be the result if there was a 45% chance that Eggers’s interpretation of the Regulation was correct?
Answers
Answer: See explanation
Explanation:
a. What is the amount of tax penalty that Eggers is risking by taking this position?
The amount of tax penalty that Eggers is risking by taking this position will be:
= $400,000 × 20%
= $400,000 × 20/100
= $400,000 × 0.2
= $80,000
The 20% used is the penalty charged when a claim is more than the final amount that's being allowed by the court or the IRS.
b.What would be the result if there was a 45% chance that Eggers’ interpretation of the Regulation was correct?
The result in this case if there was a 45% chance that Eggers’ interpretation of the Regulation was correct will be that Eggers will have zero tax penalty given. This is because since a reasonable cause was shown by the corporation, the penalty will be waived.
The following time-phasing chart is available for a single item within an MRP system. Complete this chart by estimating inventory on hand and planned order release values. Lead time is 2 weeks, and order policy is 100 units, which means this part can be ordered only in 100-unit batches. Inventory replenishment is JIT; lead times are negligible. Week Number 1 2 3 4 5 6 7 8 9 10 Gross Requirements 80 95 110 50 Scheduled Receipt 100 Inventory on Hand Planned Order Release The following time-phasing chart is available for a single item within an MRP system. Complete this chart by estimating inventory on hand and planned order release values. Lead time is 2 weeks, and order policy is 100 units, which means this part can be ordered only in 100-unit batches. Inventory replenishment is JIT; lead times are negligible. Week Number 1 2 3 4 5 6 7 8 9 10 Gross Requirements 80 95 110 50 Scheduled Receipt 100 Inventory on Hand Planned Order Release
Answers
Orders for replenishment are anticipated to be received at the start of the period, or by planned order receipt. Release of the item's planned replenishment orders utilizing a lead-time offset is known as planned order release.
Why is inventory replenishment important?Reordering the proper stock products to satisfy customer demand is made possible through stock replenishment, which is a crucial component of inventory management. The act of moving things through the supply chain so they are prepared to be picked up and sent, in order to fulfill orders on time, is known as stock (or inventory) replenishment.
Using the information provided, we can complete the time-phasing chart as follows:
The Required are shown in the file given attached below.
In Week 1, there is a gross requirement of 80 units, but there are 100 units scheduled to arrive (in inventory). Therefore, there is no need to release any planned orders.
In Week 2, there is a gross requirement of 95 units, but there are only 20 units left in inventory (100 - 80). Therefore, a planned order release of 100 units is needed to meet the gross requirement of 95 units.
In Week 3, there is a gross requirement of 110 units, but there are only 25 units left in inventory (100 - 80 + 25). Therefore, a planned order release of 100 units is needed to meet the gross requirement of 110 units.
In Week 4, there is a gross requirement of 50 units, but there are 25 units left in inventory. Therefore, there is no need to release any planned orders.
In Week 5, there are no gross requirements or scheduled receipts. However, the inventory on hand is now 0, so a planned order release of 100 units is needed to maintain the 100-unit order policy.
In Week 6, a planned order release of 100 units arrives, bringing the inventory on hand up to 100 units.
In Week 7, a planned order release of 100 units is needed to meet the gross requirement of 50 units and maintain the 100-unit order policy.
In Week 8, a planned order release of 50 units is needed to maintain the 100-unit order policy.
In Weeks 9 and 10, there are no gross requirements or scheduled receipts, and the inventory on hand remains at 50 units. Therefore, there is no need to release any planned orders.
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What are the three main goals of monetary policy?
Answers
-controlling inflation
-managing employment levels
-maintaining long term interest rates.
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On June 15, 2021, Allen sold land held for investment to Stan for $65,000 and an installment note of $300,000 payable in five equal annual installments beginning on June 15, 2022, plus interest at 10%. Allen’s basis in the land is $255,500. What amount of gain is recognized in 2021 under the installment method?
Answers
The amount of gain that will be recognized in 2021 under the installment method, is $27, 857 . 14
How to find the gain recognized?First, find the profit margin on the land sold by Allen to Stan:
= ( Selling price of land - Allen's basis in the land) / Allen's basis in the land
= ( ( 300, 000 + 65, 000) - 255, 500) ) / 255, 500
= 109, 500 / 255, 500
= 42. 857 %
The gain to be recognized, using the installment method is:
= Profit margin x Amount paid by Allen in 2021
= 42. 857 % x $ 65, 000
= $27, 857 . 14
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Which of the following best describes how a condominium is owned?
O A. A group of partners own the building and rent each apartment to
the residents.
O B. The residents of a condominium are shareholders in a corporation
that owns the building.
C. A condominium is an apartment that is owned by the resident
rather than a landlord.
O D. Condominiums are apartments owned by a landlord who charges
rent to the residents.
Answers
Answer: A condominium is an apartment that is owned by the resident rather than a landlord.
so it would be O. A