Master Business with Fun Quizzes & Brain Teasers!

Current sales are $80,000 per year. Advertising expense is $6,500 per year. The owner believes an increase of 10% in advertising over the next 3 years will result in an increase of $8,000 in annual sales. What is the net present value of his decision if he uses 4% as his interest rate?
1 Answer
Forms of Business Ownership Math QuizQUESTION 2 of 10: A company has 450,000 shares of stock outstanding. You own 25,000 of those shares. What is your percentageownership of the company? (Round to the nearest percent. )a) 5%b) 6%c) 7%0 d) 8%Submit2021 Knowledge Matters, Inc.
1 Answer
Several years ago, the nation of Equalia had a government-owned telecommunication system that lagged far behind other nations. In several rural areas, there was only a single landline phone for an entire village. The taxes collected for the purpose of maintaining the telephone system were very meager, so the notion of expanding service was almost impossible. The government of Equalia decided to sell the phone company to a private firm. The private firm expanded rapidly. It reported that even poor consumers were willing to pay for a private landline. This government decision and subsequent sale demonstrates move toward
1 Answer
Assume that prior to January 1, 2019, a Reporting Company owned a 15 percent interest in a Legal Entity. The Reporting Company acquired its 15 percent ownership interest in the Legal Entity on June 15, 1998 for $45,000, and correctly accounted for this investment under the cost method (i. E. , it was a passive investment and it was not marketable). On January 1, 2019, the Reporting Company purchased an additional 30 percent interest in the Legal Entity for $180,000. As a result of an evaluation of the facts and circumstances on Janu-ary 1, 2019, the Reporting Entity determined that the Legal Entity is a variable interest entity (VIE) and that the Reporting Company is the primary beneficiary of the VIE. The Reporting Company also determined that, on January 1, 2019, the fair value of the previously held 15 percent interest is $90,000. In addition, in-dependent appraisals revealed that the fair value of the noncontrolling interest (i. E. , the 55 percent not owned by the Reporting Company) is $330,000. On January 1, 2019, the Legal Entity has reported book values for its identifiable net assets equal to $399,000 and fair values for its identifiable net assets equal to $570,000. Assume that the Legal Entity is not a "business," as that term is defined in FASB ASC 805 ("Business Combinations"). Related to the initial consolidation of the Legal Entity on January 1, 2019, determine the following amounts:Note: Use a negative sign with your answer in part b. To indicate a gain on initial consolidation of Legal Entity, if applicable. AccountAmounta. GoodwillAnswerb. (Gain) Loss on initialconsolidation of Legal EntityAnswer
1 Answer
Clay is a telecommunications technician. What situation would Clay be called in to help with?Question 1 options:A non-profit conservation agency wants to stop a project that would endanger turtle nesting. A cable company needs to lay new fiber optic cable to reach its customers across a large lake. A soft drink manufacturer needs to deliver products to another country. A small soybean farm is interested in buying more machinery
1 Answer
Sarah's Lashes Business is currently valued at $100,000. Sarah feels the value of her business will increase at a rate of 10% per year, compounded semiannually for the next 5 years. One of her competitors Pink Lashes offered her $110,000 for the business. If she sells, Sarah plans to invest the money for 6% compounded quarterly. What do you think Sarah should do
1 Answer
Hai, a single taxpayer, invested $75,000 in the stock of penguin corporation, which recently declared bankruptcy. although distressed over the loss of her investment, hai is relieved that she can claim a $75,000 ordinary (rather than capital) loss deduction. comment on hais expectations.
1 Answer
A friend of yours starts his own business. He would like to expand his client base to include the government, but he believes his small business would be ignored. Based on your knowledge from the text, you tell him Group of answer choices that any government, federal, state, or local would laugh at the size of his business. Although the government will deal with small businesses, he will never make a profit off a government contract. The government buys products from all sizes of business, but there is some red tape. That he's absolutely right, the government doesn't deal with small businesses. The government rarely considers new suppliers when making purchasing decisions
1 Answer
When businesses need to formalize the information provided to employees, customers, or other businesses, they often use which type of communication?.
1 Answer
According to classical economists question 7 options: demand creates its own supply. wages and prices are inflexible downward. the market system ensures full employment. say's law is invalid
1 Answer
Playstations and playstation games are complementary goods. a technological advance in the production of playstations will
1 Answer
The fact that tim cook's career at apple took him through the positions of manager of operations and coo prior to his appointment to ceo suggests that apple has what in place for its top-level managers? a. succession plans b. mission statements
1 Answer
An ethical statement that is typically published on corporate websites and is intended for audiances outside and inside the company is known as
1 Answer
Assume that at the end of 2020, Clampett, Incorporated (an S corporation) distributes property (fair market value of $44,500, basis of $6,500) to each of its four equal shareholders (aggregate distribution of $178,000). At the time of the distribution, Clampett, Incorporated, has no corporate earnings and profits and J. D. Has a basis of $50,600 in his Clampett, Incorporated, stock. How much total income does J. D. Recognize as a result of the distribution
1 Answer
1. muriel is considering leasing a car, and she is even thinking about buying it after the lease is up. she's trying to make sense of the terms of the lease before she makes her decision, but she's having a little trouble figuring it all out. the terms of the lease are as follows. terms: length of lease: 32 months msrp of the car: $26,260 purchase value of the car after lease: $14,330 down payment: $1270 security deposit: $605 acquisition fee: $765 lease factor: 0. 00073 provide muriel with some assistance by answering the following questions. 5 points: part i - 1 point; part ii - 1 point; part iii - 1 point; part iv - 1 point; part v - 1 point) part i: what is the amount of the cash due at signing
1 Answer
1. The stock in Hotel Management, Inc. , a hotel management corporation, was divided equally between two families. For several years, the two families had been unable to agree on or cooperate in the management of the corporation. As a result, no meeting of shareholders or directors had been held for five years. There had been no withdrawal of profits for five years, and last year the hotel operated at a loss. Although the corporation was not insolvent, such a state was imminent because the business was poorly managed and its properties were in need of repair. As a result, the owners of half the stock brought an action in equity for dissolution of the corporation. Will they succeed
1 Answer
Vollmer Manufacturing makes three components for sale to refrigeration companies. The components are processed on two machines: a shaper and a grinder. The times (in minutes) required on each machine are as follows: Machine Component Shaper Grinder 1 5 5 2 6 4 3 4 3 The shaper is available for 115 hours, and the grinder is available for 95 hours. No more than 210 units of component 3 can be sold, but up to 1050 units of each of the other components can be sold. In fact, the company already has orders for 525 units of component 1 that must be satisfied. The profit contributions for components 1, 2, and 3 are $7, $6, and $10, respectively. Required:a. Formulate and solve for the recommended production quantities. b. What are the objective coefficient ranges for the three components? Interpret these ranges for company management. c. What are the right-hand-side ranges? Interpret these ranges for company management. d. If more time could be made available on the grinder, how much would it be worth?e. If more units of component 3 can be sold by reducing the sales price by $4, should the company reduce the price?
1 Answer
During its current tax year (year one), a pharmaceutical company purchased a mixing tank that had a fair market price of $120,000. It replaced an older, smaller mixing tank that had a BV of $15,000. Because a special promotion was underway, the old tank was used as a trade-in for the new one, and the cash price (including delivery and installation) was set at $99,500. The MACRS class life for the new mixing tank is 9. 5 years. (7. 4, 7. 3)a. Under the GDS, what is the depreciation deduction in year three?Total of the old and new mixing costs ($15,000 + $99. 00) = $114,500b. Under the GDS, what is the BV at the end of year four?c. If 200% DB depreciation had been applied to this problem, what would be the cumulative depreciation through the end of year four?
1 Answer
Name Maker is an online company that sells high-end gift wrapping that can have custom slogans or names printed on it, such as the name of a person celebrating a birthday or a couple who is getting married. This made-to-order gift wrapping is priced from $24. 95 to $32. 95 per 12-foot roll. This is an example of
1 Answer
The company pays for its insurance policies 12 months in advance. Its most recent payment was made on November 1, 2021. The cost of this policy was slightly higher than the cost of coverage for the previous 12 months. Prepaid insurance-$6,600Insurance expense-$5,900Prepare the adiusting entry to account for the expiration of the company's insurance policies during December. How do I calculate how much insurance has expired?
1 Answer
If an adjustment is made to a project, a ____________ would document a description of the adjustment, an impact statement, and an implementation plan. a. ) communication plan b. ) sign-off request c. ) risk register d. ) change request
1 Answer
What are example types of momentum as a key quant factor in the stock market? which answer is right?a) hiring momentumb) earnings momentumc) operational efficiency momentum
1 Answer
Suppose there are only two firms in an economy: Rolling Rawhide produces rawhide and sells it to Chewy Chomp, Inc. , which uses the rawhide to produce and sell dog chews. With each $1 worth of rawhide that it buys from Rolling Rawhide, Chewy Chomp, Inc. Produces a dog chew and sells it for $2. 50. Neither firm had any inventory at the beginning of 2014. During that year, Rolling Rawhide produced enough rawhide for 2000 dog chews. Chewy Chomp, Inc. Bought 90% of that rawhide for $1800 and promised to buy the remaining 10% for $200 in 2015. Chewy Chomp, Inc. Produced 1800 dog chews during 2014 and sold each one during that year for $2. 50. What was the economy's GDP for 2014
1 Answer
Now create a sample business model to describe how you expect to make a profit from this business. Include these topics in your answer:pricingmarketing location costsprofit
1 Answer