On April 1st, Bob the Builder entered into a contract of one-month duration to build a barn for Nolan. Bob is guaranteed to receive a base fee of $5,000 for his services in addition to a bonus depending on when the project is completed. Nolan created incentives for Bob to finish the barn as soon as he can without jeopardizing the structural integrity of the barn. Nolan offered to pay an additional 30% of the base fee if the project finished 2 weeks early and 10% if the project finished a week early. The probability of finishing 2 weeks early is 30% and the probability of finishing a week early is 60%.What is the expected transaction price with variable consideration estimated as the expected value?a. $4,750b. $5,000c. $5,750d. $5,50
Answers
Answer: c. $5,750
Explanation:
Expected value will be the weighted average of the payoffs of the different scenarios.
= Base fee + Addition if finished 1 week early + Addition if finished 2 weeks early + No addition
= 5,000 + ( 5,000 * 10% * 60%) + ( 5,000 * 30% * 30%) + (5,000 * 0% * 10%)
= $5,750
Related Questions
suppose that changes in bank regulations expand the availability of credit cards so that people need to hold less cash. how does this event affect the demand for money?
Answers
Suppose that changes in bank regulations expand the availability of credit cards so that people need to hold less cash. If people need to hold less cash, the demand for money is less at any price level so it shifts left.
What are bank regulations?Generally, Bank regulation is a type of governmental regulation that subjects banks to particular requirements, restrictions, and guidelines.
The purpose of bank regulation is to create market transparency among banks and the individuals and companies with whom they continue to do business, among other things.
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Which is an example of a short-term investment?
Osavings bond
Osavings account
O retirement fund
checking account
Answers
(Process Analysis with Multiple Flow Units) Consider a process consisting of five
resources that are operated eight hours per day. The process works on three different products,
A, B, and C:
Demand for the three different products is as follows: product A, 40 units per day; product
B, 50 units per day; and product C, 60 units per day.
What is the bottleneck? What is the flow rate for each flow unit assuming that demand
must be served in the mix described above (i.e., for every four units of A, there are five units of B and six units of C)?
Answers
Answer: We can identify the bottleneck in the process by calculating the processing times for each product at each resource. Assuming that each resource can process one unit of a product per hour, we can use the following table to calculate the processing times
Explanation: Using the table, we can calculate the processing times for each product at each resource by adding up the time required for each resource to process one unit of the product. For example, the processing time for product A at resource 1 is 1 hour, resource 2 is 2 hours, and so on.
Based on the table, we can see that the bottleneck resource is resource 4, which has the longest processing time for all three products. The maximum capacity of the process is therefore limited by the capacity of resource 4, which operates for 8 hours per day.
We also need to determine the maximum flow rate for each flow unit, taking into account the demand mix specified in the problem. For every four units of product A, we need to produce five units of product B and six units of product C.
Given the demand mix and the maximum capacity of the bottleneck resource, we can calculate the maximum flow rates for each product as follows:
For product A, the flow rate is 40 units per day, or 5 units per hour (40/8). Since the processing time for product A at the bottleneck resource is 3 hours, the maximum flow rate for product A is 5/3 = 1.67 units per hour.
For product B, the flow rate is 50 units per day, or 6.25 units per hour (50/8). Since the processing time for product B at the bottleneck resource is 3 hours, the maximum flow rate for product B is 6.25/3 = 2.08 units per hour.
For product C, the flow rate is 60 units per day, or 7.5 units per hour (60/8). Since the processing time for product C at the bottleneck resource is 3 hours, the maximum flow rate for product C is 7.5/3 = 2.5 units per hour.
I will give brainliest and ratings if you get this correct
Answers
The isoquant equation can be expressed as L = (Q/6)^0.5 / K.
How to derive the equationThe isoquant equation represents a set of combinations of inputs that produce a fixed level of output. For a production function like 6K^2L^2, the isoquant equation can be derived as follows:
Q = 6K^2L^2
Divide both sides by 6:
Q/6 = K^2L^2
Take the square root of both sides:
(Q/6)^0.5 = (K^2L^2)^0.5
Solve for K:
K = (Q/6)^0.5 / L^1
Solve for L:
L = (Q/6)^0.5 / K^1
So the isoquant equation can be expressed as:
L = (Q/6)^0.5 / K
This equation is negatively sloped and convex to the origin, which means that as the quantity of one input increases, the quantity of the other input has to decrease to maintain the same level of output. The convexity to the origin implies that the marginal rate of technical substitution (MRTS) decreases as the quantity of the inputs increase.
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Which of the following are benefits associated with diversity?
Answers
Answer:
Unfortunately , you didn`t mention the options
Explanation:
Anyway ,I think that
if it is used right , you will end up with :
• Higher quality of outcomes & Better performance
• Less of time to find a solution to the culture-sensitive questions
• More competitiveness
• Wider range of answers to questions / more creativity
• Appreciation and additional funds for being an antiracist who promotes gender equality
The list can be continued depending on the industry and scope of your business
ALOT OF POINTS MARKING PEOPLE AS BRAINLIST
You've been watching a stock that currently trades at $85 per share. You'd buy it if it were less expensive, say $75 per share. You think that by year-end, the stock will go to $130 and then level off or decline. You place a limit order to buy 100 shares at $ 75 and a limit order to sell at $130. It turns out that you were right about the direction of the price move and it goes straight to $140. What is your position?
Answers
Answer:
Stock portfolio is weighted in $$ not shares.
weight = 100% * (position value) / (portfolio value)
Stock A
155 * $88 = $13,640
Stock B
130 * $98 = $12,740
if these are the only two positions in the portfolio then the total portfolio value is:
$13,640 + $12,740 = $26,380
weight A = 100% * $13,640 / $26,380
= 51.7%
then, since there's only two positions the weight of B is: 100% - 51.7% = 48.3%
Explanation:
Which of the following is most likely missing from your financial plan if you are not prepared for an emergency?
A. financing
b. a budget
C. investments
d. savings
Please select the best answer from the choices provided
Answers
List the entities and personnel involved in an Automobile's Repair Shop's "supply chain" 1. How do you think these do or should all work together? 2. How do you think it could be improved?
Answers
The entities and personnel involved in an Automobile's Repair Shop's "supply chain are;
the parts manufacturers auto mechanics electriciansThey should work together so that the final consumer who were the owners of the automobiles can get their cars repaired.
It can be improved if the parts manufacturers make the parts to be available at cheaper rate for the shops that are dealing with the mechanical work.
What is supply chain?A supply chain can be described as the network of all the individuals, as well as entity that are responsible for the creation and sale of a product.
For instance the Automobile's Repair Shop's encompass the activities of the the parts manufacturers , auto mechanics and electricians which are chains to be followed in order to get the automobiled repaired.
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Which of the following is true if you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels?
Answers
If you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels, the Marriott’s Best Rate Guarantee policy comes into effect.
Marriott’s Best Rate Guarantee policy is a commitment to providing the lowest rate possible. If you find a lower rate within 24 hours of booking through one of Marriott’s direct channels, Marriott will match that rate and offer an additional discount of 25%.
This policy applies to any Marriott brand including Ritz-Carlton, St. Regis, Westin, Sheraton, Aloft, and othersYou need to first book your reservation through Marriott’s direct channels like Marriott.com, the Marriott Mobile app, Marriott Bonvoy app, the Marriott Reservation Center, or directly with the hotel.
After that, you should look for lower rates on other third-party websites. If you find a lower rate within 24 hours, contact Marriott’s Customer Care team, and they will match that rate plus an additional discount of 25%.The policy does come with some terms and conditions.
The lower rate you find on the third-party website must be for the same hotel, same room type, same dates, same number of guests, same currency, and with the same booking conditions. It also excludes rates that are only available to members of certain groups or organizations, package rates that include flights, car rentals, and other amenities, and rates that are not available to the general public
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when weighing your employment options consider
Answers
Answer:
When weighing your employment options, these are very important to consider:
- Employee Benefits
- Pay period
- Taxes taxable income.
Thus, all of these are very important to consider before accepting the job offer.
Explanation:
Discuss the two differences of Theory X and Y. Give example
Answers
Why is it a good idea to pay more than the monthly amount due on an amortized loan?
Answers
The menus covered under the Profile Menu areanswer choicesMy Profile, Settings, Tools, and CommentsComments, Security, Privacy, and SettingsMy Profile, Account Settings, Security, and PrivacyAccount Settings, Privacy, Blocked Sites, and Plugins
Answers
The menus covered under the Profile Menu are:
My Profile, Account Settings, Security, and Privacy
What is a Profile Menu?The name (or nickname) and profile picture of a user are displayed in the User Profile Menu component. Additionally, it shows a dropdown from which users can access their profile, open a case, access their location and email notification settings, and log out. Additionally, external users have access to and control over their accounts. A Login button appears in the header if the user is not currently logged in.
Each template has a built-in default user profile menu that can be altered as necessary. For the B2B Store template, for instance, the link that customers click to view their account record displays account information on the My Account page. Information from external user accounts is displayed in the generic Record Detail page for all other templates.
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Complete question:
The menus covered under the Profile Menu are
My Profile, Settings, Tools, and CommentsComments, Security, Privacy, and SettingsMy Profile, Account Settings, Security, and PrivacyAccount Settings, Privacy, Blocked Sites, and PluginsManagement Accounting is a branch of Accounting information system responsible for the provision of information in support of managerial responsibilities. Explain with reference to empirical literature, how this is true
Answers
Answer:
Managerial accounting is the practice of analyzing and communicating financial data to managers, who use the information to make business decisions.
Explanation:
In a statement of approximately 75 words explain why the economic systems in countries with dictatorships or closed systems of government tend to be less prosperous and do not have healthy economic policies or markets.
Answers
The economy in countries with dictatorships or similar governments is often less prosperous because these countries usually have closed economy systems and this limits the profit from trading, the materials for manufacture, among others.
Most countries with authoritative governments such as dictatorial ones support closed economy systems, this means:
The country does not trade with others.There are no exportations and importations.All the good citizens buy are produced within the borders of the country.These characteristics have been found to have mainly a negative effect because:
The country cannot obtain profits from trading with others.Manufacture and products are limited by those found inside the nation.Economic crises are difficult to overcome due to a lack of resources or support from other nations.Learn more in: https://brainly.com/question/23353220
Sandra’s Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Sandra's Purse Boutique uses a periodic inventory system.
Date Transactions Units Unit Cost Total Cost
October 1 Beginning inventory 6 $ 790 $ 4,740
October 4 Sale 4
October 10 Purchase 5 800 4,000
October 13 Sale 3
October 20 Purchase 4 810 3,240
October 28 Sale 7
October 30 Purchase 8 820 6,560
$ 18,540
3. Using LIFO, calculate ending inventory and cost of goods sold at October 31
Answers
The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.
The LIFO method (last-in, first-out) of inventory valuation requires that the most recent purchases of inventory be used first in the cost of products sold and ending inventory calculations. The ending inventory and cost of products sold at the end of October will be calculated using the LIFO method, based on the data given in the table.Based on the data given, the total units sold is 14, and the total units purchased is 17. Here's how to calculate the ending inventory and cost of products sold using the LIFO method:Step 1: The last purchase of 8 units at a cost of $820 each on October 30 is deducted from the inventory count, leaving 9 units.Step 2: The previous purchase of 4 units at a cost of $810 each on October 20 is deducted from the inventory count, leaving 5 units.Step 3: The next purchase of 5 units at a cost of $800 each on October 10 is deducted from the inventory count, leaving 0 units.Step 4: Based on the LIFO method, the cost of the ending inventory is the sum of the cost of the oldest units remaining in stock, which is 4 units at a cost of $790 each on October 1, totaling $3,160.Step 5: Based on the LIFO method, the cost of goods sold (COGS) is calculated by adding the total cost of units sold, which is 14 units at a cost of $820 each on October 30, 4 units at a cost of $810 each on October 20, and 5 units at a cost of $800 each on October 10, totaling $17,260.Therefore, the cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.For more questions on cost of goods sold (COGS)
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Division X makes a part with the following characteristics:
Production capacity in units 33,500
Selling price to outside customers $23
Variable cost per unit $17
Fixed cost, total $100,400
Division Y, another division of the same company would like to purchase 14,300 units of the part each period from Division X. Division Y is now purchasing these parts from an outside supplier at a price of $19 each.
Suppose Division X has ample idle capacity to handle all of Division Y's needs without any increase in fixed costs and without cutting into sales to outside customers. If Division X refuses to accept the $19 price internally and Division Y continues to buy from the outside supplier, the company as a whole will be:_________.
a. worse off by $85,800 each period.
b. better off by $57,200 each period.
c. worse off by $28,600 each period.
d. worse off by $114,400 each period.
Answers
Answer:
If Division X refuses to accept the $19 price internally and Division Y continues to buy from the outside supplier, the company as a whole will be:_________.
c. worse off by $28,600 each period.
Explanation:
The $28,600 loss the company incurs is from the lost contribution that Division Y's purchase of Division X's parts could have brought to the company if it buys parts inhouse. This is calculated as follows:
Division X's variable cost per unit = $17
Division X's selling price to outside customers = $23
Division Y's offered buying price = $19
The contribution = $2 ($19 - $17)
Explain all the reasons why a decrease in the price of a product would lead to an increase in purchases of the product?
Answers
QUESTION 2 of 10: Three smoothie shops exist in your town with annual sales of $300,000; $344,000; and $412,000. What is the average of their sales?
Answers
Answer:
352,000
Explanation:
add up all the numbers, then you divide by 3
The average of the three smoothie shop sales is $352,000.
What are sales?A sale is a transaction between two or more parties with respect to a particular product or a service. the payment can be done in cash, digital form, or a barter system. sales can be found out with the help of cost price and profit or loss incurred on selling the product or rendering service.
The annual sale of the first smoothie shop is $300,000
The annual sale of the second smoothie shop is $344,000
The annual sale of a third smoothie shop is $412,000
The average sale of smoothie shop = total of sales/ number of shops
= (300,00 + 344,000 + 412,000) / 3
=$352,000
Therefore, the average sales of the three shops are $352,000.
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Scenario:
You are a professional financial adviser and you assist your clients in selecting investments. Your supervisor gives you a list of "recommended mutual funds." Although these mutual funds appear riskier than you normally recommend to your clients, your supervisor assures you that these funds represent the best investment opportunities for the clients. The mutual funds on the "recommended list" are paying your company to place them on the list and providing free trips to your supervisor based on a point system (the more you sell, the more points earned.) You recommend these funds to your client and do not disclose that the funds are paying your company to recommend these funds.
Questions:
1. What are the ethical issues/dilemmas?
2. Who might be affected by this situation?
3. List three to five possible actions a person in this situation could take.
4. What would you do?
5. Discuss all of the “tests” that influenced your decision and explain why this test had an impact on your decision.
(The tests are: Harm, Legal, Precedent, Publicity, Defensibility, Mom, Reversibility, Virtues, Professional, Peer, Organization, How does it make me feel?)
{A. Harm test: Does this option do less harm than the alternatives?
B. Legality test: Is this option legal? If the answer is “no,” stop here!
C. Precedent test: Does this option set precedent, which, while the outcome in this fact pattern is not problematic, this option under another fact pattern could cause a dramatically different outcome?
D. Publicity test: Would I want my choice of this option published in the newspaper?
E. Defensibility test: Could I defend my choice of this option before a Congressional committee or a jury of my peers?
F. Mom/Dad test: What would Mom/Dad think of this option? Would this option disappoint those whose respect I value?
G. Reversibility or “Golden Rule” test: Would I still think the choice of this option good if I were one of those adversely affected by it? How would I want to be treated?}
Answers
Conflicts of interest, a lack of transparency, and the possibility of causing harm to customers are examples of the situation's ethical dilemmas.
What is Conflicts of Interest?A person or organization has a conflict of interest when they are involved in multiple interests, one of which could influence the motivation for the other.
2. This situation may have an impact on the clients, financial advisor, supervisor, and mutual fund companies that are part of the arrangement.
3. A person in this situation might take the following actions:
Refusing to recommend the mutual funds on the "recommended list," and providing the supervisor with an explanation for your decision.Revealing to clients that the shared assets on the "suggested list" are paying the organization and the boss in view of a point framework.seeking guidance on how to deal with the situation from a professional organization or compliance department.5. The following are examples of ethical tests that could influence a decision:
Hurt test: Clients may be misled into making investments that are not in line with their financial goals or risk tolerance if the mutual funds are recommended to them without the conflict of interest being disclosed.Validity check: Even though mutual funds paying the company to put them on the list might not be against the law, not telling customers this information could be against regulatory requirements.To know more about Conflicts of Interest, visit:
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The following events occur for The Underwood Corporation during 2021 and 2022, its first two years of operations.
June 12, 2021 Provide services to customers on account for $41,000.
September 17, 2021 Receive $25,000 from customers on account.
December 31, 2021 Estimate that 458 of accounts receivable at the end of the year will not be received.
March 4, 2022 Provide services to customers on account for $56,000.
May 20, 2022 Receive $10,000 from customers for services provided in 2021.
July 2, 2022 Write of the remaining amounts owed from services provided in 2021.
October 19, 2022 Receive $ 45,000 from customers for services provided in 2022.
December 31, 2022 Estimate that 45% of accounts receivable at the end of the year will not be received.
Record transactions for each date. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Provide services to customers on account for $35,000.
Answers
Answer:
Journal Entries are given below
Explanation:
June 12, 2021
Provide services to customers on account of $41,000.
DEBIT CREDIT
Receivable account $41,000
Services Revenue $41,000
September 17, 2021
Receive $25,000 from customers on account.
DEBIT CREDIT
Cash $25,000
Receivable $25,000
December 31, 2021
Estimate that 45% of accounts receivable at the end of the year will not be received.
DEBIT CREDIT
Bad debt($16,000x45%) $7,200
Allowance for doubtful debt $7,200
March 4, 2022
Provide services to customers on account for $56,000
DEBIT CREDIT
Receivable account $56,000
Services Revenue $56,000
May 20, 2022
Receive $10,000 from customers for services provided in 2021.
DEBIT CREDIT
Cash $10,000
Receivable $10,000
July 2, 2022
Write of the remaining amounts owed from services provided in 2021.
Working: $41,000 - $25,000 - $10,000 = $6,000
DEBIT CREDIT
Allowance for doubtful debt $6,000
Account Receivable $6,000
October 19, 2022
Receive $ 45,000 from customers for services provided in 2022.
DEBIT CREDIT
Cash $45,000
Receivable $45,000
December 31, 2022
Estimate that 45% of accounts receivable at the end of the year will not be received.
DEBIT CREDIT
Bad debt (w) $3,750
Allowance for bad debt $3,750
Working:
($56,000 - $45,000) x45% = $4,950
Balance in Allowance account at 31 dec 2021 = 7,200
Bad debt written off = 6,000
Remaining balance = 1,200
Allowance for doubtful debt at 31 dec 2022 = $4,950 - $1,200
Allowance for doubtful debt at 31 dec 2022 = $3,750
Lesson 2 Assignment
Product Combo A Combo B Combo C Combo D Combo E
Motorcycles 0 2 4 6 8
Surfboards 30 27 21 12 0
a. Graph the above production data, putting motorcycles on the horizontal axis.
b. What are the opportunity costs of moving from point B to point D and from point D to point A?
c. Point F represents 3 motorcycles and 21 surfboards. Plot this point on your graph and explain what it represents.
Point G represents 5 motorcycles and 24 surfboards. Plot this point on your graph and explain what it represents.
Answers
The cost opportunity from B to D is 15 surfboards, while the cost opportunity from D to A is 6 motorcycles.
What is the opportunity cost?In economics, opportunity cost refers to what is lost if one alternative is chosen over another. For example, if a country decides to manufacture only cars they are losing the opportunity to manufacture other products such as cellphones.
Opportunity cost from B to D:If you choose Combo B instead of D you lose the opportunity to manufacture 15 more surfboards
(27-12 = 15).Opportunity cost from D to A:If you choose Combo A instead of D, you lose the opportunity to manufacture 6 motorcycles
(0 to 6= 6).Poing F and G:Points F and G imply that if you manufacture 3 motorcycles you can only manufacture 21 surfboards (F), and if you manufacture 5 motorcycles the production of surfboards increases by 3 (24 surfboards).
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Vaughn Company's budgeted sales and direct materials purchases are as follows. Budgeted Sales Budgeted D.M. Purchases January $ 196,000 $29.400 February 215,600 35,280 March 245.000 37,240 Vaughn's sales are 30% cash and 70% credit. Credit sales are collected 10% in the month of sale, 50% in the month following sale, and 36% in the second month following sale: 4% are uncollectible. Vaughn's purchases are 50% cash and 50% on account. Purchases on account are paid 40% in the month of purchase, and 60% in the month following purchase. (a) Prepare a schedule of expected collections from customers for March. (b) Prepare a schedule of expected payments for direct materials for March.
Answers
$215,502 in customer collections are anticipated for March.
For the month of March, direct material payments are anticipated to total $36,652.
Expected Collections is the total of I the anticipated monthly instalments related to the financing contracts under which the Purchased Receivables are secured and (ii) the anticipated monthly prepayments, as determined by the Servicer and disclosed in each Servicer Report.
For the avoidance of doubt, a payment due after an Original Reference Security has been redeemed early in accordance with its terms and conditions is not included in the term "Expected Payment," which refers to a payment due to be received under the terms of an Original Reference Security at the time the Original Reference Security is issued.
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Which of the following sector has seen the biggest change in its target market demographics?
O cruise line sector
O lodging sector
O car rental sector
O foodservice sector
Answers
Answer:
The correct answer is the cruise line sector.
Explanation:
However, the average age of cruise passengers in North America, as well as their income, has been dropping since the early 1970’s.
store the value in the variable on the left-hand side. create the variable on the left-hand side. allocate memory for the type of the variable on the left-hand side. evaluate the expression on the right-hand side. check if the value can be stored in the variable on the left-hand side.
Answers
The answer is Assignment operators are used to assigning value to a variable. The left side operand of the assignment operator is a variable and right side operand of the assignment operator is a value.
What does an assignment operator do?A variable, property, or indexer element given by its left-hand operand will receive the value of the assignment operator ='s right-hand operand. An assignment expression's output is the value that was assigned to the left-hand operand.
What assignment operator is most frequently used?You have already used the equals sign =, which is the most used assignment operator. The value on the right is assigned to a variable on the left by the = assignment operator. As an illustration, the expression v = 23 gives the variable v the integer value of 23.
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DO you know what 407
Answers
Answer:
wdym wut 407
Explanation:
What are costs called that are anticipated but may change from month to month. Examples may include entertainment, hobbies or certain educational expenses. a b O c Od medical costs. income costs. fixed costs. variable costs.
Answers
Answer: Varied (Variable) Costs
Explanation: Varied (Variable) costs are costs that change from month to month, hince the word "Varied" or "Variable" in it's name.
Our economic system in the United States is a "Mixed System" meaning that we are a free market but we also have
lots of government involvement.
True
Or false
Answers
an increase In long run aggregate supply can be expected to _______ the price level and ______ the natural rate of unemployment.
Answers
Answer:
fall is the answer for both blanks
After being awake for more than 60 hours, a person may develop hallucinations and delusional thinking in a state called
Answers
I hope this helps! :)