Master Business with Fun Quizzes & Brain Teasers!

Which is true of the process for obtaining an ipaws training and demonstration environment (ipaws lab) certificate? a. it is issued to acknowledge successful use of the ipaws training and demonstration environment b. one can obtain it only after using the ipaws training and demonstration environment (ipaws lab) for the number of hours designated in the state, local or tribal plans, policies, and procedures c. it is required to use the ipaws training and demonstration environment (ipaws lab) d. it is awarded to all who sign a memorandum of agreement (moa) and become a part of a collaborative operating group (cog)
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Worldwide annual sales of a device in 20122013 were approximately q = 6p + 3,050 million units at a selling price of $p per unit. Assuming a manufacturing cost of $40 per unit, what selling price would have resulted in the largest annual profit? HINT [See Example 3, and recall that Profit = Revenue Cost. ] (Round your answer to two decimal places. )
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In your own words, define what the precise economic meaning of unemployed is. What are the three types of unemployment and how do they differ in who is affected and how? In your journal entry, provide an example for each type of unemployment. For example, a switchboard operator would have found herself structurally unemployed with the advances in the telephone
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What is the principle invested at %4. 75 compounded semi annually fromwhich monthlv withdrawals of $420 can be madea. At the end of each month for 25 years(3 marks)b. At the beginning of each month for 15 years(3 marks)c. At the beginning of each month for 15 years but deferred for 12 years(5 marks)d. At end of each month in perpetuityc. At beginning of each month in perpetuity
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Carla Vista Co. Has these comparative balance sheet data:CARLA VISTA CO. Balance SheetsDecember 312022 2021Cash $ 16,140 $ 32,280Accounts receivable (net) 75,320 64,560Inventory 64,56 53,800Plant assets (net) 215,200 193,680$371,220 $344,320Accounts payable $ 53,800 $ 64,560Mortgage payable (15%)107,600 107,600Common stock, $10 par 150,640 129,120Retained earnings 59,180 43,040$371,220 $344,320Additional information for 2022:1. Net income was $32,500. 2. Sales on account were $392,900. Sales returns and allowances amounted to $27,300. 3. Cost of goods sold was $217,300. 4. Net cash provided by operating activities was $57,200. 5. Capital expenditures were $30,000, and cash dividends were $19,000. Compute the following ratios at December 31, 2022. (Round current ratio and inventory turnover to 2 decimal places, e. G. 1. 83 and all other answers to 1 decimal place, e. G. 1. 8. Use 365 days for calculation. )(a) Current ratio(b) Accounts receivable turnover. (c) Average collection period. (d) Inventory turnover. (e) Days in inventory. (f) Free cash flow.
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A major difference between freehold and nonfreehold estates is that all freehold estates 1. Are of indeterminable duration. 2. Terminate upon the death of the person on whose life they are based. 3. Are inheritable by the holder's heirs. 4. Are estates for a fixed term
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Gee company accumulates the following adjustment data at december 31. indicate the type of adjustment (prepaid expense, accrued revenue, and so on), and the status of accounts before adjustment (overstated or understated). (enter answers in alphabetical order.) 1. supplies of $150 are on hand. supplies account shows $1,600 balance. 2. services performed but unbilled total $900. 3. interest of $200 has accumulated (and not been paid) on a note payable. 4. rent collected in advance totaling $850 has been earned.
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Multiple-Level Break-Even Analysis Kucera Associates provides marketing services for a number of small manufacturing firms. Kucera receives a commission of 10 percent of sales. Operating costs are as follows: Unit-level costs $ 0. 05 per sales dollar Sales-level costs $ 400 per sales order Customer-level costs $ 1,000 per customer per year Facility-level costs $ 75,000 per year (a) Determine the minimum order size in sales dollars for Kucera to break even on an order. $Answer 8000 (b) Assuming an average customer places five orders per year, determine the minimum annual sales required to break even on a customer. $Answer 60,000 (c) What is the average order size in (b)
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The following account balances were drawn from the year-end balance sheets of Carrick Company. Account Title Year 2 Year 1 Note payable $ 40,000 $ 50,000 Common stock 53,000 32,000 Retained earnings 24,000 21,000 During Year 2 the Company reported $7,000 of net income. Based on this information alone, the amount of the net cash flow from financing activities is
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A full-page, full-color ad in a major city newspaper that would run as part of the Sunday comic section costs about $41,000. The comics have a loyal readership of about 2 million readers. The same ad placed in another section of the paper costs $12,000 and has about 1 million readers. What is the approximate cost per reader of each ad? Remember you are calculation COST PER READER. *
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Norwood Company reported a receivables turnover ratio of 8. 3. Cost of goods sold was $365,000 and net sales revenue was $522,900. The average net receivables must have been:
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The current sections of Teal Mountain Inc. s balance sheets at December 31, 2021 and 2022, are presented here. Teal Mountain Inc. s net income for 2022 was $122,400. Depreciation expense was $21,600. 2022 2021 Current assets Cash $ 84,000 $ 79,200Accounts receivable 64,000 71,200 Inventory 134,400 137,600 Prepaid expenses 21,600 17,600 Total current assets $304,000 $305,600 Current liabilities Accrued expenses payable $ 12,000 $ 4,000 Accounts payable 68,000 73,600 Total current liabilities $80,000 $ 77,600 what is net income?
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Mahrouq Technologies buys $13,431,550 of materials (net of discounts) on terms of 4/30, net 60, and it currently pays within 30 days and takes discounts. Mahrouq plans to expand, and this will require additional financing. If Mahrouq decides to forego discounts and thus to obtain additional credit from its suppliers, calculate the nominal cost of that credit
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A borrower might lose his car if he cannot repay a(n) ____ loan with APR costs exceeding 200%. Is called
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Indicate whether each of the following donated services situations would require a journal entry for contribution revenue and a related expense or asset by answering Yes or No. Contribution revenue Yes or No 1. Volunteers worked as sales assistants in a not-for-profit hospital snack shop. 2. A psychiatrist volunteered several hours each week at a not-for-profit counseling center to assist persons with alcohol and drugs addiction. 3. A member of a church volunteered to repaint the churchs activities room to make it more attractive. Church leaders had not planned to repaint the room. 4. An architect provided pro bono design services for the planned remodeling of a local museum
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When a company has a current obligation to make a future payment to their supplier due to a shipment of supplies that were received last week, the company would record this transaction with an increase to an asset account and a(n) ________ account. Multiple choice question
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Beverly Frickel purchased 100 shares of Gleason Systems stock for $32. 50 per share. Her commission for this purchase was $25. She sold the stock two years laterior $45 per share and a commission of $40. What was Beverly's total dollar return on this stock
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There are 4 servers in the checkout area. The interarrival time of customers is 2 minutes. The processing time is 5 minutes. The coefficients of variation for the arrival process and the service process are 1 and 0. 85 respectively. 1. What is the average total time a customer spends in the system?A. 5. 0 minutes B. 5. 5 minutes C. 6. 0 minutes D. 6. 5 minutes
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Bob contracts to work for central construction corporation (ccc) during july for $4,500. on june 15, ccc cancels the contract. bob, on june 18, declines a similar job with design builders, inc., which would have paid $4,000. bob files a suit against ccc. as compensatory damages, bob can recover group of answer choices $500. nothing. $4,500. $4,000.
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Accenture is involved in the transformation of an organization into a data driven and intelligent enterprice. which ability does accenture need to ensure the organization has to become a successful business
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A granary has two options for a conveyor used in the manufacture of grain for transporting, filling, or emptying. One conveyor can be purchased and installed for $75,000 with $2,500 salvage value after 16 years. The other can be purchased and installed for $120,000 with $2,000 salvage value after 16 years. Operation and maintenance for each is expected to be $21,500 and $12,000 per year, respectively. The granary uses MACRS-GDS depreciation, has a marginal tax rate of 40%, and has a MARR of 9% after taxes. Determine which alternative is less costly, based upon comparison of after-tax annual worth. Show the AW values used to make your decision: Conveyor 1: $ Conveyor 2: $
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The current rate method of translation assumes that a foreign subsidiary is multiple choice question. a net asset that is exposed to foreign exchange risk. an investment that is not exposed to foreign exchange risk. a net liability that is exposed to foreign exchange risk.
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With some exceptions, it is a criminal offense for a minor to:
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Discuss how you will use the "8-Step process to critical thinking" in your personal and professional life. Provide examples to support your answers.
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