Master Business with Fun Quizzes & Brain Teasers!

Monson sells 29 units for $50 each on December 15. Monson uses a perpetual inventory system. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Round your per unit costs to 2 decimal places.)
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The treasurer of a large corporation wants to invest $47 million in excess short-term cash in a particular money market investment. The prospectus quotes the instrument at a true yield of 3.83 percent; that is, the EAR for this investment is 3.83 percent. However, the treasurer wants to know the money market yield on this instrument to make it comparable to the T-bills and CDs she has already bought. If the term of the instrument is 109 days, what are the bond equivalent and discount yields on this investment
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On January 2, 2021, the Jackson Company purchased equipment to be used in its manufacturing process. The equipment has an estimated life of eight years and an estimated residual value of $50,125. The expenditures made to acquire the asset were as follows:Purchase price $220,000Freight charges 6800Installation charges 10,000Jackson's policy is to use the double-declining-balance (DDB) method of depreciation in the early years of the equipment's life and then switch to straight line halfway through the equipment's life. Required: Calculate depreciation for each year of the asset's eight-year life.
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Twenty-five percent of a sample of 200 professional tennis players indicated that their parents did not play tennis. Based on this sample, we estimate that approximately 25% of the parents of all professional tennis players did not play tennis, + or - 5%. This is an example of using inferential statistics.A. TrueB. False
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Which best lists the qualifications common to someone working in Facility and Mobile Equipment Maintenance? knowledge of engines, identifying and fixing problems, customer service skills, and ability to use tools and technical equipment standing for long periods in uncomfortable environments, critical thinking skills, knowledge of laws and regulations, and safety knowledge constantly watching for hazards, ability to deal with delays, work long hours and travel, and responsibility for others identifies ways to improve a process, independence, knowledge of product supply chain, and negotiation skills
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plz someone help me i will give brainliest this is on plato
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In your opinion, what are the most pressing and significant concerns facing communities today? Why do you think so? How would a business's community relations department address that concern?
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Details of invoices for purchases of merchandise are as follows: Merchandise Freight Terms Returns and Allowances(a) $2,800 $45 FOB shipping point, $200 1/10, n/30 (b) 7,600 60 FOB destination, n/30 800(c) 1,400 55 FOB shipping point, 600 2/10, n/30 (d) 500 50 FOB destination, 0 1/10, n/30Determine the amount to be paid in full settlement of each of the invoices, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period.(a) $(b) $(c) $(d) $
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Youve told one of your staff that she has been chosen to join a benchmarking team that is going to Switzerland to study another companys best practices. "Im kind of nervous," she says. "I dont know much about Switzerland." Knowing that Switzerland is a low-context culture, you advise her that in general:___________A. Building a relationship is given a higher priority than accomplishing the dealB. Peoples relative status and nonverbal signals will play an important role in how communication is interpretedC. The well-being of individuals is valued more than that of the groupD. Communication is primarily for the purpose of conveying information
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What are some things you'd like to start doing today or in the next couple of years to prepare for college or other training?
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Skippy loves peanut butter. Skippy reads on the internet that 75 percent of the peanut crop in the South has been wiped out by drought, and that this will cause the price of peanuts to more than double by the end of the year. As a result,a. Skippys demand for peanut butter decreases as he considers buying almond butter.b. Skippys demand for peanut butter will increase, but not until the end of the year.c. Skippys demand for peanut butter shifts left today.d. Skippys demand for peanut butter increases today.
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Rocky Rhodes is convinced that he has a great idea for a new business. Unfortunately, the type of business he wants to start would require a fairly high initial investment and Rocky has a poor credit rating and very little personal wealth. Rocky would be unlikely to find success if he organized his business as a sole proprietorship. Select one: 1.True 2.False
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In order to accomplish the productivity plan, several Subject Matter Experts from various parts of the organizational have been enlisted. As a result, you have noticed friction and conflict among team members. Considering your team has new members and you are noticing conflict, what stage of Group Development may your team be in
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Quantum Company uses the high-low method to estimate the cost function. The information for 2017 is provided below: Machine-hours Labor Costs Highest observation of cost driver 1,000 $32,000 Lowest observation of cost driver 200 $16,000 What is the constant for the estimated cost equation
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Suppose that Tommy takes a workplace personality quiz that shows that he is highly creative. Store managers decide to transfer him to the produce department, where he is trained in cutting produce and displaying it on the shelves. Which approach to job design best characterizes this scenario?
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When John first starts his job, he rides the bus wherever he goes. However, after one year, John receives a promotion and a pay raise, leading to an increase in his annual income. As a result of his pay raise, John decides to drive wherever he goes instead of riding the bus. This behavior would indicate that to John, a bus ride is a(n)_________good.a. ceteris paribus b. complementary c. Inferior d. normal
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A bond par value is $2,000 and the coupon rate is 5.8 percent. The bond price was $1,946.47 at the beginning of the year and $1,981.96 at the end of the year. The inflation rate for the year was 3.1 percent. What was the bond's real return for the year
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Tony, Juan, and Isabel live in a city where the combined state and local sales tax rate is 8%. They each purchased the same computer and paid $160 in sales tax. A 5-column table has 3 rows. The first column has entries Tony, Juan, Isabel. The second column is labeled Income with entries 10,000, 50,000, 75,000. The third column is labeled Cost of computer with entries 2,000, 2,000, 2,000. The fourth column is labeled Sales tax paid with entries 160, 160, 160. The fifth column is labeled tax rate with entries 1.6 percent, 0.32 percent, and 0.21 percent. This scenario describes a tax system. Isabel pays Tony and Juan on the computer. pays the highest tax rate on the computer. would be the most affected by an increase in the sales tax rate.
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Cutter Ford Aiea for years marketed itself on the slogan "Cutter Ford Aiea: Where you make the deal." What car buyers said was that they could buy the same cars as at other Ford dealerships, but often paid lower prices when they shopped at Cutter Ford Aiea. Which of the following is true with regard to Cutter Ford Aiea's value proposition?a.The same for less value proposition is mostly offered by marketers who sell higher quality upscale products or servicesb.The same for less positioning involves meeting consumers lower performance orquality requirements at a much lower pricec.The same for less value proposition cannot generate profitsd.Discount stores and "category killers" rarely use the same for less value propositione.d. Offering the same for less can be a powerful value proposition because everyonelikes a good deal
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g sells its product for $60 per unit. During 2019, it produced 48000 units and sold 40000 units (there was no beginning inventory). Costs per unit are: direct materials $15, direct labor $9, and variable overhead $3. Fixed costs are: $576000 manufacturing overhead, and $72000 selling and administrative expenses. Under absorption costing, what amount of fixed overhead is deferred to a future period?
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Manufacturers Southern leased high-tech electronic equipment from International Machines on January 1, 2021. International Machines manufactured the equipment at a cost of $85,000. Manufacturers Southern's fiscal year ends December 31. Related Information: Lease ternm 2 years (8 quarterly periods)Quarterly rental payments $15,000 at the beginning of each periodEconomic life of asset 2 yearsFair value of asset $112,080Implicit interest rate 8% Required 1. Show how International Machines determined the $15,000 quarterly lease payments. 2. Prepare appropriate entries for International Machines to record the lease at its beginning, January 1, 2018, and the second lease payment on April 1, 2018.
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On January 1, a company issues bonds dated January 1 with a par value of $360,000. The bonds mature in 5 years. The contract rate is 9%, and interest is paid semiannually on June 30 and December 31. The market rate is 10% and the bonds are sold for $346,096. The journal entry to record the first interest payment using the effective interest method of amortization is:
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Holly would like to plan for her daughter's college education. She would like for her daughter, who was born today, to attend college for 4 years, beginning at age 18. Tuition is currently $13,000 per year and tuition inflation is 7%. Holly can earn an after-tax rate of return of 10%. How much must Holly save at the end of each year, if she wants to make the last payment at the beginning of her daughter's first year of college
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Kara wants to build a business. She has plenty of capital and potential investors and partners. She wants to avoid the burden of sole liability for her business and wants to be able to close the business when she is no longer interested in it. Which of the following would lead Kara to choose a sole proprietorship organization for her business?a. Avoidance of sole liabilityb. Plenty of capitalc. Many potential investors/partnersd. Ability to close the business easily
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