Answer:
Pelvic inflammatory disease (PID) is an infectious and inflammatory disorder of the upper female genital tract, including the uterus, fallopian tubes, and adjacent pelvic structures. Infection and inflammation may spread to the abdomen, including perihepatic structures (Fitz-Hugh−Curtis syndrome). The classic high-risk patient is a menstruating woman younger than 25 years who has multiple sex partners, does not use contraception, and lives in an area with a high prevalence of sexually transmitted disease (STD).
PID is initiated by infection that ascends from the vagina and cervix into the upper genital tract. Chlamydia trachomatis is the predominant sexually transmitted organism associated with PID
Explanation:
Product innovation is more than a process. At high-leverage innovators, innovation is a cultural priority. a. True b. False
Answer:
That statement is true
Explanation:
High leverage innovators refers to the group of innovators that could create inventions that change the way the market operates. They tend to put really high investment in their research /development but will obtain a really large chunk of profit if they're successful.
These innovators tend to believe that their innovations will change how society generates most of its GDP (cultural priority)
Example of high-leverage innovators are companies like Google or Tesla, whose products could completely disrupt the market and change the life of most people.
Final answer:
The statement is true; innovation requires a supportive culture within an organization where change is championed by leaders and embraced by innovators, early adopters, and an early majority. This cultural embrace of innovation is essential for an organization's competitive advantage and successful evolution.
Explanation:
The statement that product innovation is more than a process and that at high-leverage innovators, innovation is a cultural priority is true. Innovation is deeply embedded in the culture of effective organizations, particularly in the high-tech industry where adaptability and innovativeness can provide a competitive edge. In contrast, a culture resistant to change may result in organizational failure and act as a barrier to risk-taking and transformation.
Innovation within an organization requires a supportive culture. This includes having innovators who bring fresh ideas into the organization, early adopters who support these new concepts, and an early majority that helps to mainstream innovation. Moreover, leaders within the organization must champion the innovations and provide the necessary resources and environment for innovation to flourish.
Effective leaders understand the importance of inspiring cultural change rather than commanding it. They acknowledge the implicit and explicit cultural norms and craft strategies to encourage acceptance and implementation of innovations, understanding the pivotal role employees play in this transformation.
Costs incurred in customer service are categorized as ________. A. internal failure costs B. appraisal costs C. prevention costs D. external failure costs
Answer:
D. external failure costs
Explanation:
External failure costs -
It refers to the amount of money suffered , because of any defect in the products , after being sold to the customers , is referred to as the external failure costs .
It includes the cost like -
warranty costs , return of product cost , product recalls , etc .
Hence , from the given statement of the question ,
The correct option is D. external failure costs .
The adjusted trial balance of Lopez Company shows the following data pertaining to sales at the end of its fiscal year, October 31, 2014: Sales Revenue $852,850, Delivery Expense $13,380, Sales Returns and Allowances $24,030, and Sales Discounts $12,760.
A) Prepare the revenues section of the income statement.
B) Prepare separate closing entries for (1) sales and (2) the contra accounts to sales.
Answer:
A) Prepare the revenues section of the income statement.
Lopez Company
Income Statement for the year ended MM DD, YY
Sales Revenue $852,850
-Sales Returns and Allowances $24,030
-Sales Discounts $12,760
= Net Sales $816,060
B) Prepare separate closing entries for
(1) sales
Dr. Cr.
Sales $852,850
Income Summary $852,850
(2) the contra accounts to sales.
Dr. Cr.
Income Summary $36,736
Sales Returns and Allowances $24,030
Sales Discount $12,706
The revenues section of the income statement is prepared by deducting sales returns and allowances and sales discounts from the total sales revenue. Closing entries for sales involve debiting the Sales Revenue account and crediting the Income Summary (or Retained Earnings) account. The contra accounts to sales are also closed by debiting them and crediting the Income Summary (or Retained Earnings) account.
Explanation:A) Revenues section of the income statementhttps://brainly.com/question/33175618
#SPJ3
Before prorating the manufacturing overhead costs at the end of 2016, the Cost of Goods Sold and Finished Goods Inventory had applied overhead costs of $57,700 and $22,000 in them, respectively. There was no Work-in-Process at the beginning or end of 2016. During the year, manufacturing overhead costs of $76,000 were actually incurred. The balance in the Applied Manufacturing Overhead was $79,700 at the end of 2016. If the under- or overapplied overhead is prorated between Cost of Goods Sold and the inventory accounts, how much will be the Cost of Goods Sold after the proration?
Answer:
Cost of Goods Sold will decrease by $2,679 after proration.
Explanation:
Under-applied or over applied overhead:
= Overhead incurred - Overhead applied
= $76,000 - $79,700
= (-$3,700)
Therefore, the Cost of Goods Sold after the proration:
= (over applied overhead × Overhead applied to COGS) ÷ Total overhead applied to cost of goods sold and finished goods
= ($3,700 × $57,700) ÷ ($57,700 + $22,000)
= $213,490,000 ÷ $79,700
= $2,679
Hence, the Cost of Goods Sold will decrease by $2,679 after proration.
Why do you think corporate welfare has continued at the same time that individual welfare programs experienced a dramatic revision?
Answer:
Explanation:
As per sources people take advantage of the welfare programs and do not necessarily need these programs. Recently, the Trump Administration has been discussing welfare reform for this reason. They say it is not fair to those who need it most. One could assume then, that their reforms aim to make the qualifications for welfare programs more strict by trying to find out an=bout those who to take advantage of the system. Hence individuals shall be evaluated on individual basis for better allocation of the program.
Corporate welfare continues due to economic and political influence, tax incentives, and fiscal priorities, while individual welfare programs have seen revisions to address concerns of dependency and promote self-sufficiency.
Explanation:The reason why corporate welfare has continued while individual welfare programs have undergone significant revisions is due to several factors:
Economic and Political Influence: Corporations often have significant economic and political influence, which allows them to lobby for and receive favorable treatment from the government. This influence enables corporations to maintain and even expand their welfare benefits.Tax Incentives and Subsidies: Many governments provide tax incentives and subsidies to corporations as a way to stimulate economic growth and job creation. These incentives and subsidies can be considered forms of corporate welfare.Fiscal Priorities: Governments may prioritize allocating resources towards corporate welfare programs because they believe it will have a positive impact on the economy and create jobs.On the other hand, individual welfare programs have seen revisions due to concerns about the impact of long-term welfare dependency and the desire to promote self-sufficiency. These revisions often involve stricter eligibility requirements, time limits for benefits, and a focus on job training and employment opportunities.
Overall, the continuation of corporate welfare alongside revisions to individual welfare programs can be attributed to a combination of economic, political, and policy considerations.
A corporation is considering the purchase of an interest in a real estate syndication at a price of $75,000. In return, the syndication promises to pay $1,000 at the end of each month for the next 25 years(300 months). If purchased, what is the expected internal rate of return, compounded monthly? How much total cash would be received on the investment? How much is profit and how much is return of capital?
Answer:
IRR 1.50%
It will receive 300,000 dollars when:
250,000 is return of capital and 50,000 will be considered profit.
Explanation:
1,000 x 300 months = 300,000 dollars
The IRR will make the payment match the present value of the $250,000 principal
That will be the yield of the investment.
[tex]C \times \frac{1-(1+r)^{-time} }{rate} = PV\\[/tex]
C 1,000.00
time 300
rate 0.001251129 ( we solve for the rate using excel goal seek or a financial calcualtor
[tex]1000 \times \frac{1-(1+0.00125112927898874)^{-300} }{0.00125112927898874} = PV\\[/tex]
PV $250,000.0000
Now, as this are monthly payment we multiply by 12 to get the annual convertible rate:
0.001251129 x 12 = 0.015013551
rate = 1.50% per year
The total cash received on the investment would be $300,000. The return of the capital is $75,000, and therefore the profit is $225,000. We don't have enough information to accurately calculate the Internal Rate of Return (IRR).
Explanation:The Internal Rate of Return (IRR) for an investment is a discount rate that makes the net present value (NPV) of all cash flows (both incoming and outgoing) from a particular project equal to zero. We don't have enough information in the question to calculate the IRR here, but it's typically found using an iterative numeric method. The total cash received on this investment would be $1,000 times 300 months, which is $300,000. The return of capital, or the original amount invested, is $75,000. Profit can thus be calculated by subtracting the original investment from the total return- so, $300,000 minus $75,000, equals $225,000.
Learn more about Business Investment and Profit here:https://brainly.com/question/32258430
#SPJ3
Duplan Street Mills is an all-equity firm with 28,000 shares of stock outstanding. The firm expects sales of $600,000 one year from today (next year). Sales are expected to grow by 8 percent per year for the following three years and then level off to a constant 3 percent growth rate per year in perpetuity. Net cash flow varies in direct proportion to sales and is currently equal to 15 percent of sales. The required return for this firm is 14 percent.
1. What is the estimated current value of one share of stock?
Answer:
the value of the stock (the discount value of the free cash flow) will be $ 32.87
Explanation:
sales are 600,000
the free cash flow is 15% of this amount
600,000 x 15% = $90,000
This will grow at 8% during three years
and then indefinitely at 3%
We will use the gordon model to solve for the value a single share:
First we calculate the cashflow:
90,000 x 1.08 = 97,200
97,200 x 1.08 = 104,976
104,976 x 1.08 = 113,374.08
113,374.08 x 1.03 = 116,775.30
Then, we discount as the present value of a lump sum.
[tex]\frac{Cashflow}{(1 + rate)^{time} } = PV[/tex]
The 5th year will used to calculate the present value of all the future cash flow:
113,775.30/ (0.14-0.03)
and then discounted.
[tex]\left[\begin{array}{ccc}Year&cashflow&PV\\1&90,000&78,947.3684\\2&97,200&74,792.2438\\3&104,976&70,855.8099\\4&113,374.08&67,126.5567\\4&116,775.3024&628,548.6676\\&TOTAL&920,270.6464\\\end{array}\right][/tex]
Then, we divide by the number of shares to get the value of a share:
920,270.65 / 28,000 shares outstanding = 32,8668 = $ 32.87
Final answer:
To calculate the estimated current value of one share of stock for Duplan Street Mills, we accurately determine the present value of future net cash flows which are a percentage of sales, discounted by the firm's required return rate of 14 percent and divide by the number of shares outstanding.
Explanation:
To estimate the current value of one share of stock for Duplan Street Mills, we need to calculate the present value (PV) of future net cash flows. We start by determining net cash flow, which is 15 percent of sales. Next year's sales are expected to be $600,000, so next year's net cash flow will be $600,000 × 0.15 = $90,000. For the following three years, sales will grow by 8 percent annually, and thereafter, at a constant 3 percent. We discount these cash flows to their present value using the required return rate of 14 percent.
To calculate the perpetual growth from year four onward, we use the formula for the present value of a growing perpetuity, PV = C / (r - g), where C is the cash flow at the perpetuity starting point, r is the discount rate, and g is the growth rate. We then sum the PVs of all these cash flows and divide by the number of shares outstanding to find the price per share.
Please note that the provided example mentioning a price per share of $256,500 and the mention of a 15% interest rate are incorrect and not relevant to Duplan Street Mills' scenario. The 15% refers to the percentage of sales that are net cash flow, not the discount rate. Also, the correct required return rate for this firm is 14 percent, not 15 percent.
Which of the following are included in current liabilities? I. Note payable to a supplier in 13 months. II. Amount due from a customer last week. III. Account payable to a supplier that is due next week. IV. Loan payable to the bank in 10 months.
Answer:
The correct answers are numbers (III) and (IV): Account payable to a supplier that is due next week; Loan payable to the bank in 10 months.
Explanation:
Current Liabilities are company debts due within one year or one operating cycle, whichever is greater. An operating cycle is a time it takes the company to purchase inventory and convert it into cash from sales. Current liabilities include items such as account payable, short-term debt, and taxes payable. They are handled separately from long-term liabilities, which include long-term borrowing, bonds payable, and long term lease obligations.
Current liabilities include account payables and loans due within one year.
Explanation:The current liabilities are obligations that are expected to be settled within one year or the operating cycle of a business, whichever is longer. From the given options,
The note payable to a supplier in 13 months is not a current liability as it is due after one year. The amount due from a customer last week should actually be recorded as a receivable, not a liability. The account payable to a supplier that is due next week is a current liability as it is due within one year. The loan payable to the bank in 10 months is also a current liability as it is due within one year.Therefore, options III and IV, the account payable to a supplier that is due next week and the loan payable to the bank in 10 months, are included in current liabilities.
Learn more about Current liabilities here:https://brainly.com/question/32361397
#SPJ3
On January 1, 2016, Bella Donna leased an office building. Terms of the lease require Bella Donna to make 10 annual lease payments of $21,097 beginning on January 1, 2017. A 10% interest rate is implicit in the lease agreement. At what amount should Bella Donna record the lease liability on January 1, 2016, before any lease payments are made?
Answer:
$129,632.62
Explanation:
The computation of the lease liability amount is shown below:
= Annual lease payment × PVIFA factor for 10% interest rate at 10 annual lease payments
= $21,097 × 6.1446
= $129,632.62
Refer to the PVIFA table
Basically we multiplied the annual lease payment with the PVIFA factor so that the approximate amount could come
Bonner Corp.'s sales last year were $415,000, and its year-end total assets were $355,000. The average firm in the industry has a total assets turnover ratio (TATO) of 2.4. Bonner's new CFO believes the firm has excess assets that can be sold so as to bring the TATO down to the industry average without affecting sales. By how much must the assets be reduced to bring the TATO to the industry average, holding sales constant?
Answer:
$182,083
Explanation:
The computation of the total assets by considering the total assets turnover is shown below:
Total assets turnover = Sales ÷ total assets
2.4 = $415,000 ÷ total assets
So, the total assets equal to
= $415,000 ÷ 2.4
= $172,917
So, the assets is reduced by
= Year-end total assets - calculated assets
= $355,000 - $172,917
= $182,083
You are purchasing a bond with a face value of $1,000 and a coupon rate of 8.85 percent. The bond pays interest semiannually and has a yield to maturity of 7.23 percent. The bond matures in 6.5 years and pays its next interest payment in four months. What amount of accrued interest must you pay to purchase this bond today?
Answer:
= $14.75
Explanation:
The question is to determine the present value of the accrued interest in order to purchase the bond today.
First, accrued interest usually refers to the interest amount receivable on securities such as bonds that accumulates on the principal amount of the bond. It is called accrued because it is yet to be received by the purchaser of the bond.
The formula for accrued interest
= (Face value of the bond x the coupon rate) x the number of months since the payment of the last interest x 12
= ($1,000 x 8.85%) x 2/12
= $14.75
Marquis Company estimates that annual manufacturing overhead costs will be $822,000. Estimated annual operating activity bases are direct labor cost $414,000, direct labor hours 51,000, and machine hours 109,000.
Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e.g. 10.50.)
Answer:
direct labor cost $ 1,99 overhead per dollar of labor
direct labor hours $ 16,12 overhead per labor hour
machine hours $ 7,54 overhead per machine hour
Explanation:
We will sovle for the predeterminated overhead rate considering each of the three cost driver (activity base)
[tex]\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate[/tex]
We divide the expected overhead over the cost driver chose by the company. In this case we have thre candidates:
direct labor cost:
822,000 / 414,000 =1,9855
direct labor hours
822,000 / 51,000 = 16,117647
machine hours
822,000 / 109,000 = 7,5412844
Final answer:
To calculate the predetermined overhead rate for each activity base, divide the total estimated overhead costs by the estimated activity base. The rates are $1.99 per dollar of direct labor cost, $16.12 per direct labor hour, and $7.54 per machine hour.
Explanation:
The student is asking how to compute the predetermined overhead rate for each activity base using the estimated annual manufacturing overhead costs and the estimated annual operating activity bases. To find the rates, we need to divide the total estimated overhead costs by the estimated activity base for each of the three activity bases provided: direct labor cost, direct labor hours, and machine hours.
The predetermined overhead rate based on direct labor cost is calculated as follows: $822,000 / $414,000 = $1.99 per dollar of direct labor cost.
The predetermined overhead rate based on direct labor hours is calculated as follows: $822,000 / 51,000 hours = $16.12 per direct labor hour.
The predetermined overhead rate based on machine hours is calculated as follows: $822,000 / 109,000 hours = $7.54 per machine hour.
The balancing test: a. is one applied in supremacy issue cases. b. is one applied in state regulation of interstate commerce. c. involves the exercise of state taxation powers. d. none of the above
Answer:
b. is one applied in state regulation of interstate commerce.
Explanation:
In this context, the clause of commerce of constitutional origin, imports a legal center of imputation of powers in favor of the Federal State, or what is the same, of restriction for the premises, with an unimaginable scope, because in it - as we will see - It fits all assumptions of economic activity, whether heavily intervened by the State, or, where appropriate, openly liberalized. So that all commercial activity, whatever its state regulation, is framed in the assumptions of this device. But it is more, in her the regulation of all current public service or that in the future could be created is inserted.
Normally it is pronounced that there are as many different forms of federalism as countries ascribe to this particular form of state, which is determined by the dissimilar expansion of powers between each of the structures that comprise it, central and local. In some, more centralized ones, the balance of the distribution of competences is inclined towards the side of the central State, while in others, more peripheral, it is towards the subunits that conform it, and this is called the balancing test.
Suppose the following items were taken from the balance sheet of Nike, Inc. (All dollars are in millions.)
1. Cash $2,367.7
2. Accounts receivable 2,959.6
3. Common stock 2,943.1
4. Notes payable 332.0
5. Buildings 3,847.5
6. Mortgage payable 1,020.9
7. Inventory $2,357.8
8. Income taxes payable 80.3
9. Equipment 1,610.4
10. Retained earnings 6,346.1
11. Accounts payable 2,420.6
Perform each of the following. (All dollars are in millions.)
(a) Classify each of these items as an asset, liability, or stockholders’ equity and determine the total dollar amount for each classification.
Assets
Cash
Accounts receivable
Inventory
Equipment
Buildings
Total assets
Liabilities
Notes payable
Accounts payable
Mortgage payable
Income taxes payable
Total liabilities
Stockholders' Equity
Common stock
Retained earnings
Total stockholders' equity
(b) Determine Nike’s accounting equation by calculating the value of total assets, total liabilities, and total stockholders’ equity. (Enter amounts in millions up to 1 decimal place, e.g. 45.5 million.)
Answer:
Explanation:
The categorization is shown below:
1. Cash $ = Assets
2. Accounts receivable = Assets
3. Common stock = stockholders’ equity
4. Notes payable = liability
5. Buildings = Assets
6. Mortgage payable = liability
7. Inventory = Asset
8. Income taxes payable = Liability
9. Equipment = Asset
10. Retained earnings = Stockholder equity
11. Accounts payable = Liability
Now the amount for each classification is
Assets
Cash $2,366.7
Accounts receivable $2,959.6
Inventory $2,357.80
Equipment $1,610.4
Buildings $3,847.50
Total assets $13,142
Liabilities
Notes payable $332
Accounts payable $2,420.60
Mortgage payable $1,020.90
Income taxes payable $80.3
Total liabilities $3,853.8
Stockholders' Equity
Common stock $2,943.1
Retained earnings $6,346.1
Total stockholders' equity $9,289.20
b. Total assets = Total liabilities + Shareholder equity
$13,142 = $3853.8 + $9,289.2
The correct way to classify the items will be as under:-
(A)
Assets - Cash, accounts receivable, buildings, inventory, equipment.
Liabilities - Notes payable, mortgages payable, accounts payable, Income Taxes payable.
Stockholder's equity - Common Stock and retained earnings.
(B)
Total assets = $13,142.
Total liabilities= $3853.8
Stockholder's equity= $9289.20
Classification of ClassesThe correct computation of the Assets can be done using simple summation, as under,[tex]\rm Total\ Assets= Cash\ +Accounts\ Receivable\ +Buildings\ + Inventory\ + Equipment\\\\\\\\\\\rm Total\ Assets(in\ \$)\ = 2366.7 + 2959.6\ + 3847.5\ + 2357.8\ + 1610.4\\\\\\\rm Total\ Assets= \$\ 13142[/tex]Similarly, the liabilities can be calculated as,[tex]\rm Total\ Liabilities= 332\ + 1020.9\ + 80.3\ + 2420.6\\\\\\\rm Total\ Liabilities= \$ 3853.8[/tex]And the Stockholder's Equities as, [tex]\rm Stockholder's\ Equities= 2943.1\ + 6346.1\\\\\\\rm Stockholder's\ Equities= \$ 9289.2[/tex]Hence, the classification of items are computed as above into total assets, total liabilities and stockholder's equities.
Learn more about Balance Sheet here,
https://brainly.com/question/894251
If Professor Laurie Macdonald takes 15 minutes to grade the first exam and follows an 80% learning curve, how long will it take her:
a) to grade the 25th exam?
b) to grade the first 10 exams?
Answer:
T(25) = 5.325 min
T (10) = 94.72 min
Explanation:
given data
time taken = 15 min
learning curve = 80%
solution
we use here formula for this task that is
T(n) = T × [tex](No)^{b}[/tex] .............1
here T(n) is time taken for n unit and T is time for 1st hour and No is no of time and b is slope leaning
put here value for 25 we get
T(n) = 15 × [tex]25^{b}[/tex]
b(25) = 0.355
as leaning curve coefficient table
as here with 80% leaning curve
unit timer coefficient = 0.355
so T(25) = 15 × 0.355
T(25) = 5.325 min
and
for 10 exam
leaning curve 80% co efficient is 6.315 from table
so T (10) = 15 × 6.315
T (10) = 94.72 min
Professor Laurie Macdonald will take approximately 44.9 minutes to grade the 25th exam and approximately 26.6 minutes to grade the first 10 exams.
Explanation:To determine how long it will take Professor Laurie Macdonald to grade the exams, we can use the concept of a learning curve. An 80% learning curve means that each time the number of exams doubles, the time required to grade them reduces by 20%.
a) To find out how long it will take to grade the 25th exam, we can use the formula: time = initial time x (number of exams/initial number of exams)^(log of learning curve % / log of 2). Plugging in the values, we get time = 15 x (25/1)^(log(0.8) / log(2)) which equals approximately 44.9 minutes.
b) To find out how long it will take to grade the first 10 exams, we can use the same formula but with a different number of exams. Plugging in the values, we get time = 15 x (10/1)^(log(0.8) / log(2)) which equals approximately 26.6 minutes.
Learn more about Grading exams here:https://brainly.com/question/24305087
#SPJ3
China had a $214 billion overall current account surplus in 2012. Assuming that China’s net debt forgiveness was zero in 2012 (its capital account balance was zero), what was the net balance of Chinna's financial account balance?
Instructions: Enter your answer as a whole number. If you are entering a negative number be sure to include a negative sign (-) in front of that number.
$ ________ billion.
Final answer:
The current account balance can be calculated using the national saving and investment identity. The formula is: Current Account Balance = Total Domestic Savings - Total Domestic Physical Capital Investment - Government Budget Deficit.
Explanation:
The current account balance can be calculated using the national saving and investment identity. The formula is: Current Account Balance = Total Domestic Savings - Total Domestic Physical Capital Investment - Government Budget Deficit. In this case, the government budget deficit is $100 billion, total domestic savings is $1,500 billion, and total domestic physical capital investment is $1,600 billion.
Using the formula, the current account balance would be: Current Account Balance = $1,500 billion - $1,600 billion - $100 billion = -$200 billion.
If the investment rises by $50 billion, while the budget deficit and national savings remain the same, the new current account balance would be: Current Account Balance = $1,500 billion - $1,650 billion - $100 billion = -$250 billion.
At the ________ level of an organization, functional managers focus on monitoring and controlling operational-level activities and providing information to higher levels of the organization.
A) managerial
B) executive
C) strategic
D) superficial
E) illusive
Answer:
A
Explanation:
Middle-level managers, or middle managers, are those in the levels below top managers. Middle managers' job titles include: General manager, Regional manager, and Divisional manager. etc.
Middle-level managers are responsible for carrying out the goals set by top management. Middle managers may also communicate upward, by offering suggestions and feedback to top managers. However, at the managerial level, of the organization, all functional managers, which are called the midlevel managers, focus on automation of the monitoring and controlling of the operational-level activities and provide information to higher levels of the organization. They in turn, they improve the organizational effectiveness.
Dominic and Matherson, a finance management company, lends money to Ebok, a fast food chain, in order to help Ebok market its new product. Dominic and Matherson provides financial support in the form of bonds. Which of the following financing options is being used by Ebok in the given scenario?
(A) Long-term debt
(B) Trade credit
(C) Commercial paper
(D) Factoring
Answer:
(A) Long- term debt
Explanation:
Financing via issue of long term bonds represents long term debt financing.
Bonds refer to those securities issued by an issuer (or lender) to a borrower, bearing a fixed rate of interest payable on timely basis as well as repayment of principal at the end of the term.
Long term financing is generally for a period which is greater than one year. Usually long term financing is resorted to by a corporation when capital outlay of funds required, or investment in long term projects such as building, purchase of machinery etc which involve sizable funds.
Bonds carry interest obligation in the sense borrower has to pay interest on timely basis.
Find the flaws in reasoning in the following statements, paying particular attention to the distinction between shifts of and movements along the supply and demand curves. Draw a diagram to illustrate what actually happens in each situation.a. A technological innovation that lowers the cost of producing a good might seem at first to result in a reduction in the price of the good to consumers. But a fall in price will increase demand for the good,and higher demand will send the price up again. It is not certain, therefore, that an innovation will really reduce price in the end.b. A study shows that eating a clove of garlic a day can help prevent heart disease, causing many consumers to demand more garlic. This increase in demand results in a rise in the price of garlic. Consumers, seeing that the price of garlic has gone up, reduce their demand for garlic. This causes the demand for garlic to decrease and the price of garlic to fall. Therefore, the ultimate effect of the study on the price of garlic is uncertain.
Answer:
As there is a movement down the demand curve.A decrease in price does increase the quantity demanded and there is an increase in the equilibrium quantity But it does not lead to an upward movement in demand—a rightward shift of the demand curve—so prices does not increase in this instance
Explanation:
a. This statement makes a flaw attesting to a shift of a curve with a movement along a curve. A technological innovation lowers the cost of producing the good, which makes the producers to offer more goods at lower price. This is shown by a rightward shift of the supply curve from S1 to S2. the equilibrium price drops as a result of this, and the equilibrium quantity rises, as shown by the change from F1 to F2.
The statement "but a fall in price will increase demand for the good, and higher demand will send the price up again" is a flaw in the statement above for the following reasons.
As there is a movement down the demand curve.A decrease in price does increase the quantity demanded and there is an increase in the equilibrium quantity But it does not lead to an upward movement in demand—a rightward shift of the demand curve—so prices does not increase in this instance.
The reasoning flaws in both statements stem from confusion between shifts in the supply or demand curves, which represent changes in supply or demand, and movements along these curves, representing changes due to price variations.
Explanation:In the first statement, the flaw in reasoning lies in the failure to distinguish between movements along the supply and demand curves and shifts of these curves. Initially, a technological innovation that lowers production costs is likely to shift the supply curve rightward, indicating more supply at each price, which might lower the goods' price. However, a fall in price doesn't increase demand (shift the demand curve), but causes a movement along the demand curve. Therefore, it's wrong to assume that a price drop causes demand to increase that then leads to a price increase.
Similarly, in the second scenario, there's a confusion between movement along the demand curve and shifts of the curve. Here, an increase in consumers' demand for garlic due to its health benefits would shift the demand curve rightward, potentially raising the price. Yet, a price increase would not reduce demand (cause a leftward shift in the demand curve), only cause a movement along the curve. Hence, the assumption that a price rise reduces garlic demand and therefore lowers the price is false.
Learn more about Supply and Demand here:https://brainly.com/question/9872367
#SPJ3
When a KAM determines whether a buyer is employing a new task, modified rebuy or straight rebuy decision-making process, what segmentation variable is being used? Group of answer choices a. Type of buying situation. b. Structure of procurement. c. Geographical location. d. End market being served.
Answer:
A) Type of Buying Situation
Explanation:
KAM refers to the Key Account Management and it represents an approach in product sales where the manufacturer or supplier of a product works in close contact with the consumer or client simply to get a better understanding of their common goals and also ensure that both parties achieve their objectives.
Since the objective of KAM is find out the buyer's goal or objective, the right choice is Type of Buying Situation.
Type of Buying Situation is an aspect of consumer behaviour monitoring where the actions of individuals, organisations or groups and their product decisions ranging from use, buying options, processes among others are studied. This is done buy manufacturers to better meet the need of the consumers and the society at large.
The new task being employed, the modified rebuy and straight rebuy options are Type of Buying Situation Major Decisions.
Final answer:
The segmentation variable used when determining if a buyer is involved in a new task, modified rebuy, or straight rebuy is the 'Type of buying situation'.
Explanation:
When a Key Account Manager (KAM) determines whether a buyer is involved in a new task, modified rebuy, or straight rebuy decision-making process, they are employing segmentation based on the Type of buying situation. This considers the degree of effort and information processing a buyer must engage in when making a purchase decision. New tasks require significant research and decision-making, modified rebuys involve some comparison and deliberation as conditions have changed since the last purchase, and straight rebuys are routine purchases with little to no new information required.
Skidmore Music Company had the following transactions in March:a. Sold instruments to customers for $16, 700, received $10, 700 in cash and the rest on account. The cost of the instruments was $7, 100.b. Purchased $4, 900 of new instruments inventory; paid $1, 700 in cash and owed the rest on account.c. Paid $720 in wages for the month.d. Received $3, 100 from customers as deposits on orders of new instruments to be sold to the customers in April.e. Received a $280 bill for March utilities that will be paid in April.Required:Complete the following statements:1. Cash basis Income Statement2. Accrual basis Income Statement
Answer:
Skidmore Music Company
For the month March
Cash basis Income Statement
$
Sales 13,800
Cost of Goods Sold 1,700
Gross Income 12,100
Wages Expense (720)
Operating Income 11,380
Accrual basis Income Statement
$
Sales 16,700
Cost of Goods Sold 4,900
Gross Income 11,800
Wages Expense (720)
Utility Expense (280)
Operating Income 10,800
For the cash basis income statement, Skidmore Music Company's net income is $9,980. On the accrual basis, which includes all revenues earned and expenses incurred, the net income is $8,600. Deposits for future orders are not considered revenue for March.
Explanation:Completing the Income Statements for Skidmore Music CompanyFor the cash basis income statement, we record revenues when cash is received and expenses when cash is paid. Here is the calculation:
Cash Basis Net Income = Revenue - Expenses = $10,700 - $720 = $9,980.
For the accrual basis income statement, revenues are recorded when earned, and expenses are recorded when incurred, regardless of cash flow. Here's the breakdown:
Accrual Basis Net Income = Revenue - Cost of Goods Sold - Expenses = $16,700 - $7,100 - $720 - $280 = $8,600.
The deposit received for future orders (d) is not recognized as revenue in March for either statement, as the service (delivery of instruments) is not yet rendered.
The declaration, record, and payment dates in connection with a cash dividend of $56,300 on a corporation's common stock are January 12, March 13, and April 12. Journalize the entries required on each date.
If no entry is required, select "No entry required" and leave the amount boxes blank.
Answer:
The double entries required for the dividends are itemized below:
Jan.12 (Declaration date)
DR Retained earnings $56,300
CR Dividends payable $56,300
Mar.13( Record date) no entry is required.
Apr.12(Payment date)
DR Dividends payable $56,300
CR Cash $56,300
Explanation:
On the declaration date,entry is required to show that the company has an obligation to pay dividends to shareholders by crediting dividends payable account and debiting retained earnings(since dividends are paid from accumulated earnings of the business)
On the date the dividends are recorded, no entry is required because that is just a mere record filling.
Lastly,when the dividends are paid, actual movement of cash should be recognized in the books by debiting dividends payable account while crediting cash account.
Waterway Industries buys a delivery van with a list price of $60000. The dealer grants a 13% reduction in list price and an additional 1% cash discount on the net price if payment is made in 30 days. Sales taxes amount to $860 and the company paid an extra $760 to have a special device installed. What should be the recorded cost of the van?
Answer:
Cost of the VAN $53.298
Explanation:
We have to enter the van as the cost for a cash purchase and all other neccesary cost to get the van ready for use and in company's possesion.
The financing cost (interest) should be excluded as are not part of the cost the company can chose to take them or not.
list x reduction = invoice
invoice less discount = cash price
60,000 x (1 - 0.13) x (1 - 0.01) = 51.678
to this, we add up the sales tax and the extra cost for the device
51,678 + 860 + 760 = 53.298
Calculate the future value of $5 comma 000, given that it will be held in the bank for 5 years and earn an annual interest rate of 6 percent. b. Recalculate part (a) using a compounding period that is (1) semiannual and (2) bimonthly. c. Recalculate parts (a) and (b) using an annual interest rate of 12 percent. d. Recalculate part (a) using a time horizon of 12 years at an annual interest rate of 6 percent. e. What conclusions can you draw when you compare the answers in parts (c) and (d) with the answers in parts (a) and (b)?
Answer:
A $6,691.13
semiannual Amount $6,719.58
bimonthly Amount $6,739.24
IF bimonthly:
[tex]Principal \: (1+ r)^{time} = Amount[/tex]
Principal 5,000.00
time 30.00
rate 0.01000
[tex]5000 \: (1+ 0.01)^{30} = Amount[/tex]
Amount 6,739.24
IF rate is 12%
yearly Amount 8,811.71
semiaanual Amount 8,954.24
bimonthly Amount 9,056.81
IF time is 12 years:
yearly Amount 10,060.98
semiannual Amount 10,163.97
bimonthly Amount 10,235.50
As time horizon increase
as subperiord of capitalization increases
or as rate increases
the final future value increases as well.
Explanation:
[tex]Principal \: (1+ r)^{time} = Amount[/tex]
Principal 5,000.00
time 5.00
rate 0.06000
[tex]5000 \: (1+ 0.06)^{5} = Amount[/tex]
Amount 6,691.13
IF semminannual:
[tex]Principal \: (1+ r)^{time} = Amount[/tex]
Principal 5,000.00
time 10.00
rate 0.03000
[tex]5000 \: (1+ 0.03)^{10} = Amount[/tex]
Amount 6,719.58
IF bimonthly:
[tex]Principal \: (1+ r)^{time} = Amount[/tex]
Principal 5,000.00
time 30.00
rate 0.01000
[tex]5000 \: (1+ 0.01)^{30} = Amount[/tex]
Amount 6,739.24
IF rate is 12%
[tex]5000 \: (1+ 0.12)^{5} = Amount[/tex]
Amount 8,811.71
semiaanual:
[tex]5000 \: (1+ 0.06)^{10} = Amount[/tex]
Amount 8,954.24
bimonthly:
[tex]5000 \: (1+ 0.02)^{30} = Amount[/tex]
Amount 9,056.81
IF time is 12 years:
[tex]5000 \: (1+ 0.06)^{12} = Amount[/tex]
Amount 10,060.98
semiannual:
[tex]5000 \: (1+ 0.03)^{24} = Amount[/tex]
Amount 10,163.97
bimonthly:
[tex]5000 \: (1+ 0.01)^{72} = Amount[/tex]
Amount 10,235.50
You have decided to use Holland's Typology of Personality and Congruent Occupations to help your friends recognize which jobs they would be well-suited for. Monica is shy, stable, and persistent. Neil is ambitious and energetic and likes to dominate conversations. Jessica is idealistic, impractical, and very imaginative. Walter is efficient and practical, but he lacks imagination and tends to be inflexible. Chris is analytical, independent, and an original thinker. According to Holland's Typology, Monica's personality type is "________."
A. artistic
B. enterprising
C. realistic
D. investigative
E. social
Answer:
The correct answer is letter "C": realistic.
Explanation:
American psychologist John L. Holland (1919-2008) proposed a theory summarizing people's personalities in six (6) types: Realistic, Investigative, Artistic, Social, Enterprising, and Conventional. Realistic individuals tend to be shy, genuine, persistent, stable, confirming, and practical. They usually work as mechanics, drill press operators, assembly-line workers or farmers.
Thus, in Holland's Typology of Personalities Monica would be considered as realistic.
Marietta told the management team that the company would have to find a new way to produce the vitamin because the Food and Drug Administration had recently banned "nofon," the key ingredient in their product. The standard set by the FDA is a type of?
a. traffic barrier
b. trademark
c. intellectual property law
d. private action
e. product safety law
Answer:
Product Safety Law
Explanation:
The Food and Drugs Administration is an agency that regulates and control product in line with best safety practice in the country. the ban on nofon (a key ingredient in vitamin, suggest that the product of the company if produced with nofon violates the regulatory agency pronouncement. Being a product regulatory agency, they work to ensure the safety of comsumer product available to end users.
The company would be exposed to regulatory fines and posible closure.
What is the present value of $12,350 to be received 4 years from today if the discount rate is 5 percent?
Answer:
The correct answer is $10,160.38
Explanation:
According to the scenario, the given data are as follows:
Future value = $12,350
Number of years (n) = 4 years
Discount rate (r) = 5%
Hence, Present value can be calculated by following formula:
Future value = Present value [tex]( 1 + r )^{n}[/tex]
$12,350 = Present value [tex]( 1 + 0.05 )^{4}[/tex]
Present value = [tex]\frac{$12,350}{1.05^{4} }[/tex]
Present value = $10,160.38
Hence, the correct answer is $10.160.38
In emerging economies, the LCD television industry is in that phase of the industry life cycle in which the previously increasing market demand becomes limited. The competitive intensity within the industry is high, and inefficient firms have begun to exit the industry. This has allowed only a few major companies to come out as cost leaders and hold the shrinking market. Which of the following stages of the industry life cycle is the LCD television industry currently in?
A. Growth stage
B. Introduction stage
C. Shakeout stage
D. Decline stage
Answer: (C) Shakeout stage
Explanation:
The shakeout stage is one of the term which is used to refers to the business that helps in describe about the various types of industries which is specifically eliminating due to the competition factor in the market.
The shakeout stage is basically occur when an organization is experience a quick growth and then generating the various types of negative flowing in terms of cash.
According to the given question, the shakeout stage is one of the type of industry life cycle stage in the television industry that helps in holding the shrinking market place.
Therefore, Option (C) is correct answer.
The purpose of the ______________________ is to address financial uncertainty and provide the nation with a more stable economy. Office of the Comptroller of the Currency Office of Thrift Supervision Federal Reserve System Federal Deposit Insurance Corporation
Answer:
The Federal Reserve System
Explanation:
The Federal Reserve System represents the United State's Central bank. It is also called either the Fed or the Federal Reserve.
Created by the U.S. congress, the Fed is in charge of the affairs of the financial system of the United States. Specifically, it was created to ensure that the financial system is flexible, safe and monetarily stable.
The Fed regulates banking activities, maintains the stability of the financial system and is also in charge of the monetary policies adopted in the United States.
Straitway Company encourages its managers to behave ethically, reasoning that the employees will take their cues from management. One of the most important ways to create and maintain an ethical behavior workplace is for management to:_______a. Demonstrate a commitment to ethical decision making. b. Discreetly engage in unethical or illegal acts. c. Look the other way when an employee engages in an unethical act. d. Direct employees to "do as we say, not as we do.'
Answer:
The correct answer is letter "A": Demonstrate a commitment to ethical decision making.
Explanation:
If managers of companies desire their employees to adopt certain behavior -regardless of what behavior it is, they must set the example. In the case of ethics, executives should commit to and promote fairness among the institution so employees can correspond to that behavior in the same way.