Master Business with Fun Quizzes & Brain Teasers!

In the ______ approach, change is accomplished by persuading people that a change is necessary, providing data to support the argument, and justifying the need for change.a) normative-reeducativeb) power-coercivec) empirical-rationald) environmental-adaptive
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In 2020, Kipp invested $65,000 for a 30% interest in a partnership conducting a passive activity. The partnership reported losses of $200,000 in 2020 and $100,000 in 2021, Kipp's share being $60,000 in 2020 and $30,000 in 2021. How much of the losses from the partnership can Kipp deduct assuming he owns no other investments and does not participate in the partnership's operations?
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Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of 3. 80 percent, a par value of $2,000 per bond, matures in 5 years, has a total face value of $5. 1 million, and is quoted at 105 percent of face value. The second issue has a coupon rate of 6. 57 percent, a par value of $1,000 per bond, matures in 15 years, has a total face value of $9. 4 million, and is quoted at 108 percent of face value. Both bonds pay interest semiannually. The company's tax rate is 40 percent. What is the firm's weighted average aftertax cost of debt
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1. Is Apples statement of cash flows prepared under the direct method or the indirect method?2. For each fiscal year 2017, 2016, and 2015, identify the amount of cash provided by operating activities and cash paid for dividends. 3. In 2017, did Apple have sufficient cash flows from operations to pay dividends?4. Did Apple spend more or less cash to repurchase common stock in 2017 versus
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The monopolistically competitive firm's economic profit per unit when producing at q1 units of output ______. multiple choice question. equals p1 is the difference between p1 and a1 equals zero equals a1 multiplied by p1
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According to the eclectic paradigm, __________ is/are of considerable importance in explaining both the rationale for and the direction of foreign direct investment
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What guidelines must colleagues follow when providing gifts, meals, entertainment orother things of value to clients, customers or other third parties? (Select all that apply)Meals and entertainment must be modest as judged by local standardsColleagues must attend the event with the person(s) receiving the courtesyThe venue must be conducive to business discussionsWk 11There are no guidelines when it comes to providing gifts, meals, entertainment orother things of value to anyone01Additional requirements must be met when providing business courtesies tophysiciansHelpmore
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Harry, harriet, and horance operate the triple h used car lot as a general partnership. pursuant to their agreement, each drives a triple h vehicle to and from work, makes various business trips about the city either from home or the lot, and keeps a "for sale" sign displayed in the vehicles windshield. each car is for sale at all times of the day and night and at any location. one afternoon, harriet was driving on a business trip when her car collided with one driven by paine, who was seriously injured. harriets conduct was found to be criminally negligent. in a tort action by paine against harry, harriet, and horance, both as individuals and as the triple h partnership, who is liable?
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2. (Type 8, 3 points) A regional supermarket is open 360 days a year. Daily use of cash register tapes is 10 rolls. The purchase price of the tape is $ 2 and carrying cost is 45 cents per roll a year. Ordering cost is $ 10 per order. The order replenishment lead time is 7 days. What is the Order Point (re-order point) assuming demand is known and constant
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Flip co. recorded the following inventory information during the month of january: units unit cost total cost units on hand balance on 1/1 2,000 $1 $2,000 2,000 purchased on 1/8 1,200 3 3,600 3,200 sold on 1/23 1,800 1,400 purchased on 1/28 800 5 4,000 2,200 flip uses the lifo method to cost inventory. what amount should flip report as inventory on january 31 under each of the following methods of recording inventory? (perpetual and periodic)
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Cream Company operates in three different industries, each of which is appropriately regarded as a reportable segment. Segment No. 1 contributed 60% of Cream Company's total sales. Sales for Segment No. 1 were $450,000 and traceable costs were $200,000. Total common costs for Cream were $300,000. Cream allocates common costs on the basis of the ratio of a segment's sales to total sales, an appropriate method of allocation. What should be the operating profit presented for Segment No. 1 for the year
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After a financial crisis hits the country of arcadia, 4 million people become unemployed. if 35 million individuals are lucky enough to keep their jobs, what is the unemployment rate
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Land, labor, technology, and capital are all _____ of production. multiple choice question. modes monetary aspects means generators
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Issued a cheque of rs 27000 for office rent after deducting 10% rent tax(Journal Voucher)
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Voltac corporation (a u.s.-based company) has the following import/export transactions denominated in mexican pesos in 2020: march 1 bought inventory costing 100,000 pesos on credit. may 1 sold 60 percent of the inventory for 80,000 pesos on credit. august 1 collected 70,000 pesos from customers. september 1 paid 60,000 pesos to suppliers. currency exchange rates for 1 peso for 2020 are as follows: march 1 $0.10may 1 0.12august 1 0.13september 1 0.14december 31 0.15for each of the following accounts, what amount will voltac report on its 2020 financial statements?a. inventory.b. cost of goods sold.c. sales.d. accounts receivable.e. accounts payable.f. cash.
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Factors to consider when setting goals include:Every goal should be time-bound. Lower expectations as needed. Goals should be measurable. Make goals specific
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Matt simpson owns and operates quality craft rentals, which offers canoe rentals and shuttle service on the nantahala river. customers can rent canoes at one station, enter the river there, and exit at one of two designated locations to catch a shuttle that returns them to their vehicles at the station they entered. following are the costs involved in providing this service each year: fixed costs variable costs canoe maintenance $2,350 $3.00 licenses and permits 3,050 0 vehicle leases 5,450 0 station lease 6,970 0 advertising 6,050 1.00 operating costs 21,050 1.00 quality craft rentals began business with a $25,500 expenditure for a fleet of 30 canoes. these are expected to last 10 more years, at which time a new fleet must be purchased. rentals have been stable at about 6,500 per year. required: matt is happy with the steady rental average of 6,500 per year. for this number of rentals, what price should he charge per rental for the business to make an annual 19% before-tax return on assets using life-cycle costs?
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In the recent decades all of the following have altered existing communication channels except ________,a. Email b. Web sites c. Smartphones d. Cable TV e. National newspapers
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Your firm has net income of $343 on total sales of $1,360. costs are $750 and depreciation is $120. the tax rate is 30 percent. the firm does not have interest expenses. what is the operating cash flow?
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Seth's speakers had actual sales of $1,630,000. if break-even sales equals $935,000, seth's margin of safety in dollars is
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30) cordking electronics has entered a stage in which the demand for their innovative fax machines has declined. now most customers are buying replacement parts or buying their second fax machine from the firm. what stage in the industry life cycle does this scenario describe
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Arnold industries has pretax accounting income of $168 million for the year ended december 31, 2021. the tax rate is 25%. the only difference between accounting income and taxable income relates to an operating lease in which arnold is the lessee. the inception of the lease was december 28, 2021. an $144 million advance rent payment at the inception of the lease is tax-deductible in 2021 but, for financial reporting purposes, represents prepaid rent expense to be recognized equally over the four-year lease term.required:prepare the appropriate journal entry to record arnold's income taxes for 2022.
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Theo is a buyer who's contemplating a land contract. why might he choose this route over traditional financing
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Hygeia Health expects to sell 470 units of Product A and 380 units of Product B each day at an average price of $25 for Product A and $32 for Product B. The expected cost for Product A is 36% of its selling price and the expected cost for Product B is 65% of its selling price. Hygeia Health has no beginning inventory, but it wants to have a fourminusday supply of ending inventory for each product. Compute the budgeted cost of goods sold for the next (sevenminusday) week. (Round the answer to the nearest dollar. )
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