Answer and Explanation:
The preparation of the income statement is presented below:
Bonita Industries
Income Statement
For the month of June 2017
Revenues
Service Revenue $7,750 (A)
Less: Expenses
Salaries and wages $1,650
Advertising expenses $400
Supplies expense $1,030
Maintenance and repairs expense $630
Utilities expenses $270
Total Expenses $3,980 (B)
Net Income $3,770 (A - B)
We simply deduct all expenses from the revenue earned so that the net income could be determined.
What are stakeholder capitalism and shareholder capitalism?
A bank has $650,000 in assets to allocate among investments in bonds, home mortgages, car loans, and personal loans. Bonds are expected to produce a return of 10%, mortgages 8.5%, car loans 9.5%, and personal loans 12.5%. To make sure the portfolio is not too risky, the bank wants to restrict personal loans to no more than the 25% of the total portfolio. The bank also wants to ensure that more money is invested in mortgages than in personal loans. It also wants to invest more in bonds than personal loans.
Requried:
a. Formulate an LP model for this problem with the objective of maximizing the expected return on the portfolio.
b. Implement your model in a spreadsheet and solve it.
c. What it the optimal solution?
Answer:
using solver, the optimal solution is:
$325,000 invested in bonds
$162,500.01 invested in mortgages
$162,499.99 invested in personal loans
maximum profit = $66,625
Explanation:
profit maximization equation:
0.1b + 0.085m + 0.095c + 0.125p
where:
b = money invested in bonds
m = money invested in mortgage loans
c = money invested in car loans
p = money invested in personal loans
constraints:
b + m + c + p ≤ 650,000
p ≤ 0.25 x 650,000 ⇒ p ≤ 162,500
m ˃ p
b ˃ p
using solver, the optimal solution is:
$325,000 invested in bonds
$162,500.01 invested in mortgages
$162,499.99 invested in personal loans
maximum profit = $66,625
actually solver gave me the following solution:
$325,000 invested in bonds
$162,500 invested in mortgages
$162,500 invested in personal loans
maximum profit = $66,625
since mortgage loans must be larger than personal loans, I added 1¢ to mortgage loans and subtracted 1¢ from personal loans
Explanation:
When the profit maximization equation that isSo that 0.1b + 0.085m + 0.095c + 0.125p
where: When b = money invested in bonds When m = money invested in mortgage loans When c = money invested in car loans When p = money invested in personal loans So that its constraints:After that b + m + c + p ≤ 650,000
Then p ≤ 0.25 x 650,000 ⇒ p ≤ 162,500
so, m ˃ p
then b ˃ p
When using solver, the optimal solution that is:
Now, $325,000 invested in bonds After that $162,500.01 invested in mortgages So that $162,499.99 invested in personal loans When the maximum profit is = $66,625 So that the actually solver gave me the following solution: Now $325,000 invested in bonds After that $162,500 invested in mortgages $162,500 invested in personal loans When the maximum profit is = $66,625 Therefore that since mortgage loans must be larger than personal loans, then added 1¢ to mortgage loans and also that subtracted 1¢ from personal loans.Learn more:
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t 3 Lab Learning Activity
K
Marcus Richardson
HW Score: 0%, 0 of 4 points
O Points: 0 of 1
11/03/22 7:32 PM
Question 1, P4-4 (similar to)
(Related to Checkpoint 4.1) (Liquidity analysis) Airspot Motors, Inc. has $2,505,600 in current assets and $864,000 in current liabilities. The company's managers want to
increase the firm's inventory, which will be financed using short-term debt. How much can the firm increase its inventory without its current ratio falling below 2.1
$6,28,363 the firm increase its inventory without its current ratio falling below 2.1
Current ratio = Current asset / current liability
Increasing inventory would increase the current asset.
We assume the additional inventory = L
So new current asset = L + $2,505,600
New current liability = L + $864,000
So, L + $2,505,600÷ L + $864,000 = 2.1
By solving L we get, L= $6,28,363
In other words, assets are items that provide a financial benefit to a company, such as inventory, buildings, equipment, and cash. They aid a company's ability to manufacture goods or provide services both now and in the future. A company's liabilities are its obligations—either money owed or services not yet performed.
Liabilities are the debts owed by a company to third-party creditors. Accounts payable may include notes payable and bank debt. Businesses take on debt in order to expand faster. A company's stability is determined by the balance of its debts and assets
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Answer each questions.
1. Do internet search enhance our knowledge in animal/fish raising?
2. Search in the internet a picture that demonstrates a skill in harvesting/capturing animal/fish?. Paste the picture below.
Answer:
Yes it does because it helps us to be aware on the things that we should know on how to raise the animals with care.
Explanation:
The postal service of St. Vincent, an island in the West Indies, recently introduced a limited edition deluxe souvenir sheet priced at $15.00 each. The initial market response was quite positive, with an increase in unit sales compared to the regular souvenir sheets. The postal service sold a total of 50,000 units of the deluxe souvenir sheet.
Based on the given information, calculate the following:
What was the postal service's increase (decrease) in total contribution margin when it sold 50,000 deluxe souvenir sheets at $15.00 each, compared to selling 80,000 regular souvenir sheets at $8.00 each?
By what percentage did the St. Vincent post office increase the selling price for the deluxe souvenir sheet compared to the regular souvenir sheets? Additionally, calculate the percentage increase in unit sales for the deluxe souvenir sheet compared to the regular souvenir sheets. (Round your answers to one-tenth of a percent.)
If the postal service wants to maintain the same total contribution margin per unit for the deluxe souvenir sheets as it did for the regular souvenir sheets, what selling price should they set for the deluxe souvenir sheet? (Round your answer to the nearest whole dollar.)
Calculate the number of deluxe souvenir sheets the postal service would need to sell at the price determined in question 3 to equal the total contribution margin earned by selling 80,000 regular souvenir sheets at $8.00 each. (Round your answer to the nearest whole number.)
Please show your calculations and provide explanations for each answer.
1. the postal service experienced an increase in total contribution margin of $7.00
2. The unit sales for the deluxe souvenir sheets decreased by 37.5% compared to the regular souvenir sheets.
3. The postal service should set the selling price for the deluxe souvenir sheet at $15.00
4. The exact number of deluxe sheets is 45.
Calculation of the increase (decrease) in total contribution margin:
The contribution margin is calculated as the selling price minus the variable cost per unit. Given the information, we have:
Selling price of regular souvenir sheets: $8.00
Selling price of deluxe souvenir sheets: $15.00
Number of regular souvenir sheets sold: 80,000
Number of deluxe souvenir sheets sold: 50,000
To calculate the increase (decrease) in total contribution margin, we need to compare the contribution margin of the two scenarios:
Contribution margin regular souvenir sheets = Selling price - Variable cost
= $8.00 - Variable cost
Contribution margin deluxe souvenir sheets = Selling price - Variable cost
= $15.00 - Variable cost
To find the increase (decrease), we'll subtract the contribution margin of regular souvenir sheets from that of deluxe souvenir sheets:
Increase (decrease) in contribution margin = Contribution margin deluxe - Contribution margin regular
= ($15.00 - Variable cost) - ($8.00 - Variable cost)
= $15.00 - $8.00
= $7.00
So, the postal service experienced an increase in total contribution margin of $7.00 when selling 50,000 deluxe souvenir sheets compared to selling 80,000 regular souvenir sheets.
2. Calculation of the percentage increase in selling price and unit sales:
Percentage increase in selling price = [(Selling price deluxe - Selling price regular) / Selling price regular] * 100
= [(15.00 - 8.00) / 8.00] * 100
= 87.5%
Therefore, the St. Vincent post office increased the selling price for the deluxe souvenir sheet by 87.5% compared to the regular souvenir sheets.
Percentage increase in unit sales = [(Unit sales deluxe - Unit sales regular) / Unit sales regular] * 100
= [(50,000 - 80,000) / 80,000] * 100
= -37.5%
The unit sales for the deluxe souvenir sheets decreased by 37.5% compared to the regular souvenir sheets.
3. Calculation of the selling price for the deluxe souvenir sheet to maintain the same total contribution margin per unit:
To maintain the same total contribution margin per unit, the selling price for the deluxe souvenir sheet should be equal to the selling price for the regular souvenir sheet plus the increase in contribution margin per unit:
Selling price deluxe = Selling price regular + Increase in contribution margin
= $8.00 + $7.00
= $15.00
So, the postal service should set the selling price for the deluxe souvenir sheet at $15.00 to maintain the same total contribution margin per unit.
4. Calculation of the number of deluxe souvenir sheets to be sold to equal the total contribution margin earned from selling 80,000 regular souvenir sheets:
Total contribution margin from selling regular souvenir sheets = Contribution margin regular * Number of regular sheets sold
= ($8.00 - Variable cost) * 80,000
To calculate the number of deluxe souvenir sheets to be sold, we'll set the total contribution margin equal to that of regular sheets and solve for the number of deluxe sheets:
Contribution margin deluxe * Number of deluxe sheets = Contribution margin regular * Number of regular sheets
($15.00 - Variable cost) * Number of deluxe sheets = ($8.00 - Variable cost) * 80,000
Simplifying the equation:
Number of deluxe sheets = (Contribution margin regular * Number of regular sheets) / (Contribution margin deluxe)
= ($8.00 - Variable cost) * 80,000 / ($15.00 - Variable cost)
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Select the correct text in the passage.
Which sentences in the passage describe the correct method of inventory planning?
Austin and Carter are managers in different warehouses. Austin plans his inventory such that he can have as large a stock of raw materials, work-in-process (WIP), and finished goods as possible. Carter plans his inventory so that the optimum quantity of raw materials, WIP, and finished goods allow for the smooth movement of
materials at each stage of production. Austin incurs a high inventory storage cost. Carter manages to keep the inventory storage cost low.
The sentences in the passage that describes the correct method of inventory planning is -Austin plans his inventory such that he can have as large a stock of raw materials, work-in-process (WIP), and finished goods as possible.
Carter plans his inventory so that the optimum quantity of raw materials, WIP, and finished goods allow for the smooth movement of materials at each stage of production.
What is inventory planning?Inventory planning is the process of determining the best quantity and timing of inventory to match sales and production capacity. Inventory management has an impact on a company's cash flow and profits while also contributing to an efficient supply chain.
Inventory planning assists businesses in purchasing the appropriate amount of stock and determining how frequently to reorder. Inventory planning reduces the costs of keeping items in stock while also ensuring that there is enough stock for making and selling items. Inventory planning is an important component of supply chain management.
Therefore, the first two sentences describe the correct method of inventory planning followed by Austin and Carter.
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Guji company had the following amounts of assets and liabilities at the beginning and end of last year:
Assets Liabilities
Beginning of the year………………Br.75,000 Br. 30,000
End of the year….……………………120,000 46,000
Determine the net income or net loss of Guji for the year under each of the following unrelated assumptions:
Owner made no additional investment and withdrew no amount during the year
Owner made no additional investment but withdrew Br.17,500 to pay for her personal expenses
Owner withdrew no amount during the year but made additional investment of Br. 32,500 cash.
Owner withdrew Br.17,500 and invested Br.25,000 cash during the year.
$32300 is the net income of Guji for the year under each of the following unrelated assumptions.
Explanation:Total assets=Total liabilities +Total equity
Beginning equity=(231,000-96500)=$134500
Ending equity=(262,000-78400)=$183600
Ending equity=Beginning equity+Issue of common stock+Net income-Dividends
183600=134500+23500+Net income-6700
Net income=(183600+6700-134500-23500)
=$32300.
Thus, $32300 is the net income.
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The list price of an item is $96.60. The supplier is offering a series trade discount of 10/10/19. Find the net cost.
The net cost of the item is $
(Round to the nearest cent as needed.)
The net cost of the item, after applying the series trade discount, is $63.41.
To calculate the net cost of the item, we need to apply the series trade discount provided. The series trade discount is given as 10/10/19, which means there are three successive discounts applied.
Let's break down the discounts:
The first discount is 10%.The second discount is 10%.The third discount is 19%.To find the net cost, we need to calculate the price after each discount.
Step 1: Apply the first discount of 10%
List price - (10% of list price)
List price - (10/100 * List price)
List price - 0.1 *
List price = 0.9 * List price
Step 2: Apply the second discount of 10%
0.9 * List price - (10% of 0.9 * List price)
0.9 * List price - (10/100 * 0.9 * List price)
0.9 * List price - 0.09 * List price
0.81 * List price
Step 3: Apply the third discount of 19%
0.81 * List price - (19% of 0.81 * List price)
0.81 * List price - (19/100 * 0.81 * List price)
0.81 * List price - 0.1539 * List price
0.6561 * List price
Now, to find the net cost, we multiply the list price by the result of the series of discounts:
Net cost = List price * 0.6561
Given that the list price is $96.60, we can calculate the net cost:
Net cost = $96.60 * 0.6561
Calculating this, we find:
Net cost = $63.41 (rounded to the nearest cent)
Therefore, the net cost of the item, after applying the series trade discount, is $63.41.
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1. free corporation is a full-service internet provider. it has 295 employees located in six states. you are the hr director and are evaluating the following alternative policies and will compose a policy which is legally and practically better than any of the following alternatives.
Today, the term "policy making" more accurately refers to the process of creating organisational policies. Some policies are fundamental components of the organization's strategy and apply at the highest levels.
In the given question,
Free corporation should follow policy one as by following policy one it will assign additional point to any applicant who is member of under represented group or having disability.
As by this process, Free corporation won't require to change their hiring standards, other parameters like technical knowledge, personality type, experience and many more.
So by giving extra point they are just giving extra advantage to this people over normal people and by this slowly and steadily without hampering the performance of the company and culture of the company they can imbibe this people.
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A company has established 5 pounds of Material J at $2 per pound as the standard for the material in its Product Z. The company has just produced 1,000 units of this product, using 5,200 pounds of Material J that cost $9,880.The direct materials price variance is:______.
a. $520 unfavourable.
b. $400 unfavourable.
c. $120 favourable.
d. $520 favourable.
e. $400 favourable.
Answer:
d. $520 favourable.
Explanation:
Calculation to determine what The direct materials price variance is:
Using this formula
Material Price variance= AQ(SP- AP)
Where,
Actual Quantity= 5200
Standard price= $2
Actual Price= $1.9
Let plug in the formula
Material Price variance=5200($2-$1.9)
Material Price variance=5200*$0.1
Material Price variance=$520 Favourable
Therefore The direct materials price variance is:$520 Favourable
What is the share price when the discount rate is 13% and revenue growth is 15%?
Answer:
36.70
Explanation:
The price at which one share of a company would be purchased is known as the share price or stock price.
What is Share Price ?A share's price is not constant; rather, it changes over time in response to market factors. It is likely to rise if the business is thought to be doing well or fall if it isn't living up to expectations.
A share price is the cost of one equity share among many sellable shares of a company. The stock price, put simply, is the highest price someone is willing to pay for the stock or the lowest price at which it can be purchased.
Analysts use random walk techniques to model the behavior of asset prices, particularly share prices on stocks, in economics and financial theory.
The Share price is $ 36.70 .
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E-commerce is the buying and selling of goods .
E-commerce is the buying and selling of goods and services "over an electronic network known as internet".
What is the role of E-commerce on the world countries?Basically, an E-commerce fully means an electronic commerce, which refers to the companies and individuals that buy and sell goods and services over the Internet. An electronic commerce operates in different types of market segments and can be conducted over computers, tablets, smartphones and other smart devices.
Almost all imaginable product and service are now available through the ecommerce transactions including books, music, plane tickets and financial services such as stock investing and online banking
Some of the important role of E-commerce on the world economy includes promotion of efficiency of national resources allocation, optimizes the economic structure, improvement of national competitiveness etc.
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f Honduras is open to international trade in oranges without any restrictions, it will import
tons of oranges.
Suppose the Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers. A tariff of
$
per ton will achieve this.
A tariff set at this level would raise
$
in revenue for the Honduran government.
Suppose that Honduras is open to international trade in oranges without any restrictions, it will import an infinite amount of oranges. Therefore, the import of oranges can be limited through a tariff. The Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers.
A tariff of $720 per ton will achieve this. A tariff set at this level would raise $72,000 in revenue for the Honduran government.
Tariff: It is a tax imposed by a government on imported or exported goods. The main purpose of a tariff is to limit imports and protect domestic production and employment.
In this scenario, a tariff is imposed by the Honduran government to limit the import of oranges and help domestic producers. Therefore, if the tariff is set at $720 per ton, then it would reduce the imports of oranges to exactly 100 tons, which is the desired goal of the Honduran government.
Moreover, the tariff rate multiplied by the number of imports gives the amount of revenue raised by the Honduran government, which is $720 × 100 = $72,000. Thus, a tariff set at $720 per ton will raise $72,000 in revenue for the Honduran government.
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examples of contract
Explanation:
The definition of a contract is an agreement between two or more people to do something. An example of contract is a loan agreement between buyers and sellers of a car. An example of contract is an agreement between two people to be married. (informal) An order, usually given to a hired assassin, to kill someone.
If you were Marshall’s manager how might you increase Marshall’s awareness of the negative impact he is having on his team?
As Marshall's manager, I would increase his awareness of the negative impact he is having on his team by providing specific and constructive feedback on his behavior and its consequences. This would involve having open and honest conversations with Marshall, highlighting examples of how his actions are affecting team morale, productivity, and collaboration.
In order to effectively address Marshall's negative impact on his team, it is important to approach the situation with clarity and professionalism. By providing specific examples of incidents where Marshall's behavior has caused harm, I can help him understand the direct consequences of his actions. This feedback should be delivered in a constructive manner, focusing on the behaviors rather than attacking his character.
By emphasizing the impact on team dynamics, performance, and overall work environment, Marshall can begin to see the need for change. Additionally, it would be beneficial to discuss alternative approaches and provide guidance on how he can improve his interactions with the team. Ongoing feedback and support from me as his manager can help Marshall recognize the negative impact he is having and encourage him to take steps towards positive change.
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XYZ Co is considering a major expansion program that has been proposed by the company’s information technology group. To decide whether the company will undertake this major expansion project, the company paid McLindsay Co., a large consulting company, a fee of $2 million to calculate the costs and benefits of the program, but they will refund half of that cost back to XYZ if the company does not move forward with the project. McLindsay reported that the expansion project will have an upfront cost of $20 million for assets, which are depreciated straight line to zero over the four-year horizon of the project. The company does not need to invest in net working capital (i.e., NWC = 0). McLindsay also expects that the program will generate an operating cash flow equal to $10 million the first year and will expand by 20% per year until the project is liquidated at the end of year four. The liquidation value from selling the equipment will be $4 million. You are an assistant to the CFO of the company and your first task is to advise XYZ whether the company should undertake the investment. The CFO has provided you with the following data, which he believes may be relevant to your task (all the market data are current). The firm’s tax rate is 20%. The market data on XYZ Co’s securities are:
Debt
oBond A: 42,750 bonds with a 5.4% coupon rate, with 20 years to maturity selling at par. oBond B: 55,000 bonds with a 4% coupon rate, with 15 years to maturity selling at par.
Assume that both bonds have a par value of $1,000 and they make semiannual payments.
Common stock
o 1,000,000 shares outstanding, selling for $95 per share; XYZ Co just paid a dividend of $4 per share and is expected to increase its future dividends at a constant rate of 5%. The firm’s beta is 1.8. Assume the risk-free rate is 2% and the market return is 8%.
Answer the following questions and show all the formulas and calculations (if using a financial calculator show all the entries).
a. What is XYZ Co’s cost of debt?
b. What is XYZ Co’s cost of equity using the CAPM?
c. What is XYZ Co’s cost of equity using the dividend growth model?
d. What is XYZ Co’s cost of capital? (for your cost of equity calculations, use the average of cost of equity you calculated in the last two parts).
e. Find the cash flows from assets (CFFA) of the project and then compute the NPV of the project. Accounting for all relevant expenses, should the firm undertake the expansion project?
f. Suppose instead that (1) Bond A and Bond B are priced below par and (2) the common stock is selling for $142.50 per share and the last dividend paid was $6. Would the firm’s WACC be higher, lower, or the same as what you found in part (d)? Explain.
a. To calculate the cost of debt, we need to find the yield to maturity (YTM) of each bond. We can calculate the YTM of Bond A as 5.4% and the YTM of Bond B as 4%. Therefore, the cost of debt for XYZ Co is the weighted average of the YTM of each bond, where the weights are the proportion of the total market value of debt that each bond represents. Assuming that all bonds are selling at par, the total market value of debt is $97,750,000. Thus, the weight of Bond A is 42,750/97,750 = 0.4376 and the weight of Bond B is 55,000/97,750 = 0.5624. Therefore, the cost of debt is:
Cost of Debt = 0.4376 × 5.4% + 0.5624 × 4% = 4.48%
b. Using the CAPM, we can calculate the cost of equity as:
Cost of Equity = Risk-Free Rate + Beta × (Market Return - Risk-Free Rate)
= 2% + 1.8 × (8% - 2%)
= 13.6%
c. Using the dividend growth model, we can calculate the cost of equity as:
Cost of Equity = (Dividend / Price) + Growth Rate
= ($4 / $95) + 5%
= 9.3%
d. To calculate the cost of capital, we need to find the weighted average of the cost of debt and the cost of equity, where the weights are the proportion of the total market value of debt and equity that each component represents. Assuming that the total market value of equity is $95,000,000, the weight of debt is 97,750,000/(95,000,000 + 97,750,000) = 0.5073 and the weight of equity is 1 - 0.5073 = 0.4927. Therefore, the cost of capital is:
Cost of Capital = 0.5073 × 4.48% + 0.4927 × 13.6% = 9.54%
e. To calculate the cash flows from assets (CFFA) of the project, we need to find the operating cash flows (OCF) and the net capital spending (NCS) for each year of the project. Using the given data, we can calculate the OCF for each year as:
Year 1: OCF = $10,000,000
Year 2: OCF = $12,000,000 (20% increase from year 1)
Year 3: OCF = $14,400,000 (20% increase from year 2)
Year 4: OCF = $17,280,000 (20% increase from year 3)
The net capital spending (NCS) for year 0 is the upfront cost of the project, which is $20,000,000. The NCS for year 4 is the liquidation value of the equipment, which is $4,000,000. The NCS for years 1 to 3 is zero since there is no net working capital requirement.
Calculating the CFFA for each year:
Year 0: CFFA = - $20,000,000
Year 1: CFFA = $10,000,000 - $0 - $20,000,000 = -$10,000,000
Year 2: CFFA = $12,000,000 - $0 = $12
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A company produces two products Product A selts for \$25 variable costs of 15and requires hours produce B for 35; variable costs of $20 and requires 5 machine hours to produce 40, 000mn machine hours are availableThe company can all can make of either Which statement is true?
Answer:
8000 units of product A and 4,800 units of product B should be produced.
Explanation:
Item A sells for $25 yet cost $15 to create. It implies there is a commitment edge of $10 per unit (i.e $25-$15)
since it takes 2hours to create item A we have 10/2= 5 items each machine hour.
$10 × 8000 units = $80,000 (in benefits)
then again, if item B is to be sold at $35 per unit yet has a creation cost of $20, it implies a commitment edge of $15(i.e $35-$20) is implanted in each $35 deal. On the off chance that the organization produces 4,800 units of this item B, it implies that the organization has
$15 × 4,800 units = $72, 000
Since the point of the organization's creation is to make benefit, it is extremely certain that item An ought to be delivered contrasted with item B since it has a higher commitment edge
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Which of these is NOT a barrier to trade?
a) Tariff
b) Quota
C) All the options are correct
D) Embargo
Answer:
All the options are correct
Differentiate between freeware, open source, shareware, and public domain. Explain how to legally acquire each.
Freeware is a kind that is completely free to use. Open source is the type in which a person or company holds the license to create but is open for improvements by others, Shareware is the type which provides a temporary license. Public Domain is when there is no copyright available.
What is Public Domain?Public domain is when there is no copyright and the content is free to use, the copyright has either expired or in the other case the copyright may not be created at all, the common examples of public domain are the slogans, short phrases and names of books and movies.
Freeware is a kind that is completely free to use, no trial version or license is required. Open source is the type in which a person or company holds the license to create but is open for further improvements by others, Shareware is the type which provides a temporary license which mean trial versions are provided and payment for full version may be demanded. Public Domain is when there is no copyright available, it is either expired or the copyright does not exist.
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mixed economy is characterized by a co existence of?
Answer:
See explanation below
Explanation:
A mixed economy is a mixture of capitalism (private enterprise) and socialism (public enterprise).
Which aspect of production planning might make use of a Gantt chart?
A.
routing
B.
loading
C.
scheduling
D.
dispatching
E.
inspection
Understand and explain the process of idea generation and validation
Answer:
Idea generation is the creative process or procedure that a company uses in order to figure out solutions to any number of difficult challenges. It involves coming up with many ideas in a group discussion, selecting the best idea or ideas, working to create a plan to implement the idea, and then actually taking that idea and putting it into practice. The idea can be tangible, something you can touch or see, or intangible, something symbolic or cultural.
Idea validation is the process of testing and validating your idea prior to launching your business name, tagline, product, service or website. This is like the research and development process big companies use to test product ideas before they’re released to the general public.
Idea validation can involve anything from information-gathering interviews to special landing pages on the web. The entire purpose is to expose the idea to your target audience before you build and release the final product.
Increases in government spending are not very effective in offsetting real shocks because they shift the?
Government spending increases shift aggregate demand, making them less efficient in reducing the effects of actual shocks.
Explain about the aggregate demand?The total quantity of demand for all finished products and services generated in an economy is measured as aggregate demand. The total amount of money spent on those goods and services at a particular price level and time is known as aggregate demand.
The sum of consumption, investment, government spending, and net exports is aggregate demand. Numerous factors, such as changes in income, taxes, expectations for future income, and shifts in wealth levels, can affect consumption.
The overall demand for final goods and services in an economy at a certain period is known as aggregate demand (AD) or domestic final demand (DFD) in the field of macroeconomics. Effective demand is a common name for it, however other times this term is used to make a distinction.
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Automobile manufacturers have enormous cash reserves. In the middle of 2015, Ford Motor Co. had about $31.9 billion in cash, General Motors had about $25 billion, and Toyota had about $43 billion. Why would firms such as these hold such large quantities of cash?
Answer:
Firms like automobile manufacturers hold large quantities of cash for the following reasons:
a. Speculative and Precautionary motives:
Firm hold large cash in order to take advantage of any sudden investment opportunities. These opportunities are like bargain purchase opportunitie, favorable interest rate etc. They also hold cash to take a precaution as a safety net, in case some urgent cash needs arise in terms of sudden expenses.
b. Transaction motives:
Firm hold large cash in order to pay their day-day bills. There is always a delay in cash in cash receivables and payable. It is possible that there is need to pay the suppliers, pay wages and salaries etc earlier than the cash is received from sales.
What is a labor market?
Question 6 options:
the availability and demand for jobs in a certain area
a place where people can go to learn about jobs
an online stock exchange that tracks jobs
a career cluster dealing with manual jobs
Answer:
the availability and demand for jobs in a certain area
A labor market is simply the:
A. Availability and demand for jobs in a certain area.
Based on the given question, we can see that we need to show the correct answer to the question which asked for the definition and explanation of what a labor market is.With this in mind, we can see that a labor market has to do with how available the demand for jobs are in a certain area and the man power that is needed to fill such vacancies.
Therefore, the correct answer is option A
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Elliptical Consulting is a consulting firm owned and operated by
Jayson Neese. The following end-of-period spreadsheet was
prepared for the year ended June 30, 2019.
Based on the spreadsheet below, prepare an income statement,
statement of owner's equity, and balance sheet for Elliptical
Consulting.
Please submit your completed assignment in Blackboard.
F
G
A
1
2
3
4
5
6 Account Title
B. Tc D
E
Elliptical Consulting
End-of-Period Spreadsheet
For the Year Ended June 30, 2019
Unadjusted
Trial Balance Adjustments
Dr. Cr. Dr. Cr.
Adjusted
Trial Balance
Dr. Cr.
27,000
53,500
3,000
30,500
8 Cash
9 Accounts Receivable
10 Supplies
11 Office Equipment
12 Accumulated Depreciation
13 Accounts Payable
14 Salaries Payable
15 Jayson Neese, Capital
16 Jayson Neese, Drawing
17 Fees Earned
18 Salary Expense
19 Supplies Expense
20 Depreciation Expense
21 Miscellaneous Expense
22
23
27,000
53,500
(a) 2,100
900
30,500
4,500
(b) 1,500
6,000
3,300
3,300
(C) 375
375
82,200
82,200
2,000
60,000
60,000
(c) 375
32,375
(a) 2,100
2,100
(b) 1,500
1,500
2,000
150,000 3,975 3,975 151,875 151,875
2,000
32,000
2,000
150,000
Answer:
Please submit your completed assignment in Blackboard.
Explanation:
Type the correct answer in the box. Spell all words correctly.
What does the last paragraph in a cover letter deal with?
The closing paragraph of a cover letter is where you can mention your
information and request for an interview
The closing paragraph of a cover letter typically deals with summarizing the main points of the letter and expressing your interest and enthusiasm for the position.
The closing paragraph serves as a conclusion to your letter and provides a final opportunity to make a strong impression on the employer. In this paragraph, you can briefly restate your qualifications and how they align with the requirements of the job. It's also a good place to mention any additional relevant information that you haven't already included in the body of the letter. Furthermore, you can express your gratitude for the opportunity to apply and express your interest in moving forward to the next stage of the hiring process. Finally, you can use the closing paragraph to request an interview or indicate that you are available for further discussion.
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Given the following information, calculate the ceiling price: target price=$193; government share of overrun-40/60; CRM-$180; target cost: $170.
O $200
$197
$203
$193
Answer: $185.33.
Explanation: Given the provided information:
Target Price = $193
Government Share of Overrun = 40/60 (or 4/6)
Target Cost = $170
Ceiling Price = $170 + (4/6 * ($193 - $170))
Ceiling Price = $170 + (4/6 * $23)
Ceiling Price = $170 + (2/3 * $23)
Ceiling Price = $170 + $15.33
Ceiling Price ≈ $185.33
Therefore, the ceiling price is approximately $185.33.
Which situation would be appropriate for an investment bank?
Example of the situation that would be appropriate for an investment bank is Debt and Equity Financing.
What is Investment banking?Investment banking can be described as the special segment of banking operation which can be utilized by the people as well as the organisations so that theycan be able to raise capital and provide financial consultancy services to them.
It should be noted that this banking do serves as the intermediaries between security issuers as well as the investors however Investment bank clients can encompass the corporations, pension funds as well as financial institutions.
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May 1: Prepaid rent for three months, $1,800 May 5: Received and paid electricity bill, $50 May 9: Received cash for meals served to customers, $340 May 14: Paid cash for kitchen equipment, $2,900 May 23: Served a banquet on account, $1,560 May 31: Made the adjusting entry for rent (from May 1). May 31: Accrued salary expense, $2,700 May 31: Recorded depreciation for May on kitchen equipment, $570 If Sweet Catering had recorded transactions using the Cash method, how much net income (loss) would they have recorded for the month of May? If there is a loss, enter it with parentheses or a negative sign.
If Sweet Catering had recorded transactions using the Cash method, the net income (loss) they would have recorded for May is ($4,410) instead of ($1,480) under the accrual method.
What is the difference between the cash method and the accrual method?The cash method records revenue and expenses when cash is received or payment is made.
On the other hand, the accrual method recognizes revenue and expenses for the period, whether cash is received/paid or not.
The accrual method records revenue when an invoice is raised and when a bill is received, unlike the cash method.
Transaction Analysis:May 1 Prepaid Rent $1,800 Cash $1,800
May 5 Electricity Expense $50 Cash $50
May 9 Cash $340 Service Revenue $340
May 14 Kitchen Equipment $2,900 Cash $2,900
May 23 Accounts Receivable $1,560 Service Revenue $1,560
May 31 Rent Expense $600 Prepaid Rent $600
May 31 Salary Expense $2,700 Salary Payable $2,700
May 31 Depreciation Expense $570 Accumulated Depreciation $570
Cash Method for Income Statement:Service revenue $340
Expenses:
Rent $1,800
Electricity 50
Kitchen equipment $2,900
Total cash expenses = $4,750
Net income (loss) = ($4,410)
Accrual Method for Income Statement:Service revenue $1,900
Expenses:
Rent $60
Electricity 50
Salary $2,700
Depreciation $570
Total expenses = $3,380
Net income (loss) = ($1,480)
For the purchase of kitchen equipment, the accrual method records depreciation expense for the month while the cash method records the full amount paid for kitchen equipment on May 14.
Thus, a higher net loss is recorded for May when Sweet Catering uses the Cash method than the Accrual method.
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