Answer:
B) The business culture provides the vision and inspiration for information system solutions
Explanation:
The culture of a company is the character of an enterprise. It establishes the workplace environment. The tradition of the company comprises a wide range of components, such as working environment, task, inspiration, ethical standards, aspirations, visions and objectives. Without any regulations and rules, certain firms provide a casual work environment.
"Wayne Goodspeed falls in love with and buys a house for a price that is 5% more than the appraised value. He secures a 10% down loan for $220,000 which represents the appraised value less the 10% down. What was the purchase price, and how much did Wayne have to come up with in cash?
Answer:
Explanation:
Let the appraisal value be p.
.90 p = 220000
p = 220000 / .9
= 2,44,444
cash down payment = .1 x 244444
= 24444
Price of the house = 1.05 x 244444 ( 5% more than appraisal value )
= 256666.
Kirsten is experiencing a great deal of anxiety about her first Algebra II test. "I know that Mr. Dade has a reputation for being tough, and everyone thinks that girls are no good in math. I'll do terrible, and he'll think, 'Sure, she's a girl; she can't do math.' I can hardly breathe." Kirsten is experiencing:
Answer:
Stereotype threat
Explanation:
Stereotype refers to preconceived perspective about a particular people or group. Stereotype threat, coined by Claude Steele and Joshua Aronson, refers to a way a person behaves that tend to confirms the negative stereotype about a particular race, gender and others. In Kristen's case the added stress generated by her anxiety about the Algebra II test as a result of the supposedly tough teacher coupled with the preconceived notion that girls are not good in math may lead to her actually failing the test or performing badly. If this feeling were to be removed she may not actually fail or perform poorly in the exam.
Final answer:
Kirsten is experiencing severe test anxiety compounded by stereotype threat, which is impacting her ability to perform well in her Algebra II test. To combat this, she should be well-prepared, practice extensively, and possibly use strategies like writing about her anxiety or self-affirmation to reduce its effects.
Explanation:
Kirsten is experiencing severe test anxiety, a condition that raises concern for many students. This form of anxiety can significantly hinder a student's performance by causing mental interference, making it difficult to concentrate, and possibly leading to physical symptoms like restlessness and nausea. In Kirsten's case, the compounded impact of stereotype threat, the fear of confirming a negative stereotype about one's group, specifically regarding the false notion that 'girls are no good in math', exacerbates her anxiety.
Combatting this anxiety involves being well-prepared and practicing the material extensively. Additionally, research suggests that strategies like writing about anxieties, self-affirmation, and reflecting on personal qualities can help alleviate the impact of test anxiety and stereotype threat. This multifaceted approach can empower students like Kirsten to overcome their fears and perform to the best of their abilities.
At the beginning of 2019, Florida Road Construction entered into a contract to build a road for the government. Construction will take 4 years. The following information as of 31 December 2009 is available for the contract:
1. Total revenue according to contract $10,000,000
2. Total expected cost $8,000,000
3. Cost incurred during 2009 $1,200,000
Assume that the company estimates percentage complete based on costs incurred as a percentage of total estimated costs. Under the completed contract method, how much revenue will be reported in 2009?
A. None.
B. $300,000.
C. $1,500,000.
Answer:
A. None
Explanation:
A is correct because Under the completed contract method, no revenue would be reported until the project is completed.
Sheridan Real Estate received a check for $28260 on July 1 which represents a 6 month advance payment of rent on a building it rents to a client. Unearned Rent Revenue was credited for the full $28260. Financial statements will be prepared on July 31. Sheridan Real Estate should make the following adjusting entry on July 31: O Debit Unearned Rent Revenue, $28260; Credit Rent Revenue, $28260. O Debit Cash, $28260; Credit Rent Revenue, $28260. O Debit Unearned Rent Revenue, $4710; Credit Rent Revenue, $4710. O Debit Rent Revenue, $4710; Credit Unearned Rent Revenue, $4710.
Answer:
The answer is Debit Unearned Rent Revenue, $4710; Credit Rent Revenue, $4710.
Explanation:
Rent revenue earned for the month is 28260/6= $4710 which should be credited to rent income account, whereas an adjustment for the revenue for the month must be made by debiting $4710 to Unearned Rent Revenue.
Karen plans and directs the purchase, development, and disposition of real estate on behalf of the business. Karen focuses on long-term strategic financial planning rather than on day-to-day operations of the property. What type of property manager is Karen?
Answer:
The correct answer is: A real estate asset manager.
Explanation:
Real state asset managers are those executives in charge of complete property firms in the real state business. The roles of a real state asset manager do not only include supervising how many properties are being sold but finding ways to increase the property's value. Besides, this type of manager is involved in assessing the real state brokers on providing customers the most efficient investment method for their future property.
Business processes refer to the set of logically related tasks and behaviors that organizations develop over time to produce specific business results and the unique manner in which these activities are organized and coordinated.True / False.
Answer:
Business processes refer to the set of logically related tasks and behaviors that organizations develop over time to produce specific business results and the unique manner in which these activities are organized and coordinated
Absolutely True
Explanation:
Business has to do with tasks performed in order to achieve a desired result, although such tasks are performed on a daily basis as well as behavioral activities that enables those tasks to be fruitful. Every successful business must be well coordinated and organized in order to achieve maximum result.
"The price elasticity of supply for umbrellas is 2. Suppose you're told that following a price increase, quantity supplied increased by 30 percent. What was the percentage change in price that brought this about?"
Answer:
15%
Explanation:
Price elasticity of supply is the responsiveness of proportionate change in quantity supplied due to proportionate change in price.
It is given by the following formula:
Price elasticity of suppl = % change in quantity supplied / % change in price
2 = 30% / % change in price
% change in price = 30% / 2
= 15%
Price increased by 15% that induced an increase in quantity supplied by 30%.
The partnership of Chau and Michelle was formed on January 1, 2015. At that date the following assets were invested:
Chau
Michelle
Cash
$220,000
$210,000
Inventory
$120,000
$450,000
Building
$0
$870,000
Machine and equipment
160,000
$0
The building is subject to a mortgage loan of $430,000, which is to be assumed by the partnership. The partnership agreement provides that Chau and Michelle share profits or losses 20% and 80%, respectively. Michelle's capital account at January 1, 2015, should be
a. $1,100,000
b. $1,530,000
c. Cannot be computed from the above information.
d. $1,210,000
a. $1,100,000
Answer: The answer is a. $1,100,000
Explanation:
Statement of affairs as at ist January 2015
$
Building 870,000
Add: inventory 450,000
Add: Cash 210,000
---------------
1,530,000
Less: Mortgage Loan 430,000
--------------
Capital. 1,100,000
----------------
The Michele capital Account is $1,100,000
Coaches can receive a bonus from the booster club at the conclusion of a season.
True / False.
Answer:
The statement is true
Explanation:
Booster club is the organization which is formed in order to support the organization, associated club and sports team. The club support through coordinating events or raising the funds.
So, yes, the coaches are legally could receive the bonus from the booster club at the season conclusion as the booster clubs are not state funded, so they are intended to use the money for the school resources.
And there is no legal matter is involves with giving the coaches bonuses as the booster club raise the fund from the extra circular activities.
Final answer:
Coaches can potentially receive bonuses from the booster club at the end of a season, but this depends on the school district and booster club policies, and must adhere to relevant regulations.
Explanation:
Whether coaches can receive a bonus from the booster club at the conclusion of a season is a matter that varies by school district and individual booster club policies. Generally, it is possible for coaches to receive bonuses or other forms of appreciation for their efforts during the season, which could include monetary rewards, gifts, or other incentives. These bonuses are typically given to acknowledge the coach's hard work, dedication, and any successes the team may have achieved during the season. However, there are often specific rules and regulations governing such payments to ensure they do not violate state or federal regulations or create conflicts of interest. School districts and booster clubs usually have clear policies outlining how and when such bonuses can be awarded to coaches.
Zack received a gift of stock from his uncle on June 20 of the current year. Zack's uncle had a basis in the stock of $4,000, but the fair market value of the stock on June 20 was only $1,500. Zack held the stock for three months and then sold it for $1,200. What basis in the stock will Zack use to determine his gain or loss on the sale of the stock?
Answer:
$4,000
Explanation:
Answer:
The answer is $1500
Explanation:
Since the FMV is lower than the original cost of the gift the dual basis would take place.
Mohammad borrowed $809 for nine months, with monthly payments of $96.00. What is the amount of total payments?
Answer:
Amount of total payment is $864.
Explanation:
Principal Amount = $809
Monthly payments = $96
Number of months = 9 Months
Total payment = Monthly Payment x Number of Months
Total payment = $96 x 9 months
Total payment = $864
Extra payment paid with principal = Total Payment - Principal payment
Extra payment paid with principal = $864 - $809
Extra payment paid with principal = $55
Based on the amount paid by Mohammad every month, the total payments were $864.
The total amount paid by Mohammad can be found as:
= Amount paid monthly x Number of months
Solving gives:
= 96 x 9 months
= $864.
In conclusion, Mohammad paid $864 in total.
Find out more on debt payments at https://brainly.com/question/25599836.
Environmental Factors: As firms look overseas for opportunities, they must evaluate the global marketing environment before deciding whether or not to go global. The global marketing environment is complex and dynamic; therefore, a careful review of all types of factors must be completed. Drag each description to the appropriate environmental factor. Among European countries, Turkey currently ranks first in income inequality. Income inequality captures the difference between high-income and low-income households. Chinese consumers drink tea for a number of occasions including drinking tea at weddings and preparing tea for elders as a sign of respect.
China has very few existing coffee houses, and even fewer who serve an American-style coffee experience. Australia is often ranked as the world's most stable country due, in part, to the ease of doing business in Australia and a low level of government corruption.
A. Submit
B. Competitive
C. Economic
D. Cultural
E. Political-Regulatory
Final answer:
Assessing the global marketing environment involves categorizing different aspects like economic, cultural, competitive, and political-regulatory factors. Firms must consider a wide range of factors such as labor costs, proximity to suppliers and customers, and infrastructure quality, which are often more significant than potential savings from weaker environmental standards.
Explanation:
When assessing the global marketing environment, firms need to evaluate several environmental factors crucial for deciding whether to operate internationally. Dragging each description to an appropriate environmental factor, we can categorize them as follows:
Economic - 'Among European countries, Turkey currently ranks first in income inequality.' This reflects the economic environment as income inequality is an economic issue.
Cultural - 'Chinese consumers drink tea for a number of occasions including drinking tea at weddings and preparing tea for elders as a sign of respect.' This describes a cultural tradition specific to China.
Competitive - 'China has very few existing coffee houses, and even fewer who serve an American-style coffee experience.' This is a competitive factor considering potential market saturation and the nature of competition.
Political-Regulatory - 'Australia is often ranked as the world's most stable country due, in part, to the ease of doing business in Australia and a low level of government corruption.' This refers to the political and regulatory environment that significantly impacts business operations.
It's essential for firms to look at various factors beyond cost savings from weaker environmental standards, such as labor costs, proximity to suppliers and customers, and the quality of infrastructure. Ultimately, firms must consider these multifaceted aspects to make an informed decision on international expansion.
Hoover Corp., a wholesaler of music equipment, issued $20,000,000 of 20-year, 6% callable bonds on March 1, 20Y2, at their face amount, with interest payable on March 1 and September 1. The fiscal year of the company is the calendar year.
Answer:
March 1, 20Y2. Bonds are issued.
Dr Cash 20,000,000
Cr Bonds Payable 20,000,000
September 1, 20Y2. Interest on the bonds are paid.
Dr Interest Expense 600,000
Cr Cash 600,000
The third part of the question was:
Journalize the following: September 1, year 20Y4, called the bond issue at 102, the rate provided in the bond indenture (Omit entry for payment of interest.)
September 1, 20Y4. Bonds are called.
Dr Bonds Payable 20,000,000
Dr Loss on Redemption of Bonds 400,000
Cr Cash 20,400,000
Explanation:
the interest paid = face value of bonds x interest rate x time = 20,000,000 x 6% x 6/12 = $600,000
The loss on the redemption of the bonds = $20,000,000 x 2% = $400,000
Final answer:
The question involves Hoover Corp.'s issuance of $20,000,000 of 20-year, 6% callable bonds to raise capital. Bondholders are entitled to annual interest payments and can take legal action if payments are missed, but full recovery is not guaranteed.
Explanation:
The student's question pertains to the issuance of callable bonds by Hoover Corp., a wholesaler of music equipment. When a large company like Hoover Corp. issues bonds, they are effectively borrowing money from investors who purchase these bonds. The bonds represent a promise to pay back the principal amount at a future date, along with periodic interest payments. In this case, Hoover Corp. issued $20,000,000 of 20-year, 6% callable bonds at their face amount, meaning that they will pay 6% interest annually on the principal amount until maturity or until the company decides to call back the bonds. If the company is unable to make interest payments, bondholders have the right to take legal action to recover their investments, although recovery is not guaranteed if the company's assets are insufficient.
_____ are eager to try new ideas and products. They typically have higher incomes, are better educated, and are more cosmopolitan than other categories of adopters. a. Early adopters b. Early majority c. Laggards d. Innovators e. Late majority
Answer:
The answer is D. Innovators
Explanation:
Innovators are risk takers. They are adventurous.
Innovators are also the first set of people to try a product or idea.
The price of the new product is usually high, but because we they are higher income.
Innovators are also more educated and they try to explore the market.
Innovators are willing to pay high price for new product. Example is the latest iphone
According to Tom Duncan's basic categories of contact or touch points, which of the following best describes interactions that occur with a company or brand during the process of buying or using the product or service?A. Intrinsic touch points
B. Company created touch points
C. Unexpected touch points
D. Customer-initiated touch points
E. Distributive touch points
Answer:
A) Intrinsic touch points
Explanation:
A touch point refers to a situation where a consumer interacts with a company's. An intrinsic touch point happens when the consumer actually purchases or uses a company's product or service. It basically refers to the consumer's experience while using or buying a company's product.
This is the most important part of a marketing strategy since no matter how good and effective a marketing campaign is, how pretty the product is, etc., if the consumer doesn't like buying and using it, then the whole experience is ruined. Even a good product or service can be ruined if the buying experience was terrible, e.g. a bad waiter ruins a good meal.
A woman marries her butler. Before they were married, she paid him $60,000 per year. He continues to wait on her as before (but as a husband rather than as a wage earner). She earns $1,000,000 per year both before and after her marriage. If GDP were changed so that it truly measured the sum of all final economic activity, the marriage would: first decrease and then increase GDP.
decrease GDP.
increase GDP.
leave GDP unchanged.
Answer:
D. Leave GDP unchanged
Explanation:
This is because the Husband is now involved in the category of "values of services not paid for". When calculating for GDP, those services aren't included or accounted for.
After marriage, the butler is no longer an employee of the woman and the services he provides for her now as an husband are not recorded as final economic activity thus the GDP decreases initially by $60,000 and then remains unchanged.
A key factor that determines the geographic extent of a housing market is the distance that commuters are willing to travel from home to work. Which of the following events would NOT help to expand the geographic extent of the housing market in a metropolitan area?
Price of gasoline declines
State gasoline tax increases
Public transit fares decrease
None of these
Answer:
State gasoline tax increases
Explanation:
As commute distance to place of work is an important factor in the housing market, an increase in steel gasoline tax will make people pay more to commute. Since they are sensitive to the cost incurred when commuting, they will try as much as possible to reduce the distance they travel to work.
This results in contraction of geographic extent of the housing market in metropolitan areas.
Suppose again that the Third National Bank has reserves of $20,000 and checkable deposits of $100,000. The reserve ratio is 20 percent. The bank now sells $5,000 in securities to the Federal Reserve Bank in its district, receiving a $5,000 increase in reserves in return. What level of excess reserves does the bank now have? By what amount does your answer differ (yes, it does!) from the answer to question 3?
Answer:
$5,000
Explanation:
Data provided in the question:
Reserves balance = $20,000
Checkable deposits = $100,000
Reserve ratio = 20 percent
Selling amount for securities = $5,000
Increase in reserves = $5,000
Now,
New reserve balance = Reserves balance + Increase in reserves
= $20,000 + $5,000
= $25,000
Required reserve = 20% of Checkable deposits
= 20% of $100,000
= $20,000
Therefore,
Excess reserves = Actual reserve - Required reserve
= $25,000 - $20,000
= $5,000
In 2011, Edwin Ryan bought 100 shares of a listed stock for $5,000. In June 2014, when the stock’s fair market value was $7,000, Edwin gave this stock to his sister, Lynn. No gift tax was paid. Lynn died in October 2014, bequeathing this stock to Edwin, when the stock’s fair market value was $9,000. Lynn’s executor did not elect the alternate valuation. What is Edwin’s basis for this stock after he inherits it from Lynn’s estate?
a.$0
b.$5,000
c.$7,000
d.$9,000
Answer:
B) $5,000
Explanation:
Under Section 1014 (a) the basis of any property acquired by a decedent (Lynn) through a gift within 1 year of death and passed back to the donor (Edwin) due to the decedent's death, will be adjusted to the basis immediately prior to the death.
In other words, since Lynn died within 1 year of receiving Edwin's gift, Edwin's basis will be the same as Lynn's basis.
Salina, the expeditor at RingPro Gasket Manufacturer, writes a memo asking her manager to buy her a new computerized system for tracking customer orders. She claims that if she does not get this system, chronically late deliveries will ensue. Her manager turns down her request. Salina made the mistake of using?
Answer:
either/or logic.
Explanation:
Either/or logic is a form of logical fallacy that occurs when an individual believe that he/she only has one option in a certain situation, while overlooking any other possible solution that might be used.
We can see this in the example above.
Salina believed that if her manager does not buy her new computerized system for tracking customer orders, late deliveries will ensue.
The manager rejected the request because Salina overlooked other possible solutions.
For example, Salina could seek a help online to create a filing system from free programs. This way, she could make sure that the deliveries stay on time without having to buy a new computerized system.
In some countries, a high premium is placed upon foreigners and foreign items, as they are associated with sophistication –Belgian chocolate, for example, or Swedish automobiles. In other countries, there is subtle resistance to foreign items. This is an example of a cultural _____.a. valueb. stancec. outlookd. custome. social institution
Answer: Value
Explanation:
Cultural value is the importance placed on some items or ways of doing things within a culture. As stated in the question some cultures values foreigners and foreign items more than other cultures.
Sasha works for a large corporation, and sometimes, she finds it difficult to see how she fits into the corporate picture. However, recently, her company decides to establish an employee stock ownership plan. Which is a benefit of this type of plan?
A. It allows employees to take over the management of the company.
B. It can make employees feel that their work benefits only the owners.
C. It can boost employee productivity.
D. It can build a partnership between managers and owners.
E. It can provide employees with higher regular wages.
Answer:
C. It can boost employee productivity.
Explanation:
Sasha's company decision to establish an employee stock ownership plan has the potential benefit of boosting employee productivity because staff members and people in general are motivated by rewards.
Employee stock ownership plan is a staff reward scheme where a company's employees are awarded shares of the company they work for, hence they become both staff and shareholders of that company.
Sometimes these plans are futuristic, they are awarded at a certain date in future if the company achieves certain goals. Hence the productivity of employees are boosted in the bid to boost the company's performance and achieve their share rewards
Marketing involves which of the following : A. Advertising B. Transporting products C. Taking surveys D. All of the above
Dwayne plans to invest $4,700 in a savings account at the beginning of each of the next 12 years. If his opportunity cost rate is 7 percent compounded annually, how much will his investment be worth at the end of 12 years?
Answer:
his investment will be worth $39,944 at the end of 12 years.
Explanation:
FV = PV(1 + i)^n
= $4,700 + $4,700*PVAF(7%,11 years)
= $4,700 + $4,700*7.49867
= $4,700 + $35,244
= $39,944
Therefore, his investment will be worth $39,944 at the end of 12 years.
Answer:
$ 10861.7
Explanation:
Amount at the end of 12 yrs should be gotten by compound interest.
A = p(1+ r/n)^nt
= 4700(1 + (0.07/12))^ (12*12)
= 4700(1+(5.833*10^-3))^(144)
A = 4700(1.0058333)^(144)
A = 4700*2.31
A = 10861.7
A=$ 10861.7
"The best business portfolio is the one that ________.
A) provides the greatest opportunity for increasing profits
B) best fits the company's strengths and weaknesses to opportunities in the environment
C) ensures that the company will realize increased share of market
D) allows the company to decrease its overall costs
E) entices customers to purchase even more products from the company"
Answer:
The correct answer is option B,the business portfolio is the one that best fits the company's strengths and weaknesses to opportunities in the environment.
Explanation:
SWOT analysis is a performance appraisal technique that is used in analyzing organization based on its strengths and weaknesses (in internal environment) as a means to exploring opportunities and reducing threats from external environment.
The best a company can offer its customers in terms of products and services is that combination that maximizes it strengths and opportunities while also minimizing its weaknesses and threats.
Managers responding to the needs of the local education system as a normal or routine aspect of its operations is an example of an organization in the: A. Innovative stage. B. Integrated stage. C. Transforming stage. D. Engaged stage
Answer:
transforming stage
Explanation:
Transformation requires not breaking up the team but relocating on to the other tasks and goals instead. Once changes occur, these stages can be cyclical, such as introducing a new member of the team or changing some other team component that can alter how well the team functions.Thus, we can conclude that the given case depicts the transformation stage.
"The market price of airline flights increased recently. Some economists suggest that the price increased because there has been an increase in the number of business travelers. If the economists are correct, it must be the case that:"
Answer:
Prices increases due to high demand of goods and services
Explanation:
It has always being a common occurrence in business, when there is increase in demand than the available suppliers, seller tends to increase the price of the limited resources.
these is against the law of demand which state that the higher the price the lower the quantity demanded.
But, when sellers or companies notice that people are willing to get an items or services at any cost, the price tend to increase so that there profit will increase.
it is seen that there is an increase in the number of business travelers whom will travel with flights at any cost.
Answer:
Prices increases due to high demand of goods and service.
Explanation:
This means that the higher price the better quality. This is not always true but mostly. The higher price the better service.
The higher pricing can be Biden also
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Indicators of a possible asset or income concealment include all of the following except:
a. Missing, inaccurate, or damaged records
b. Travel to off-shore tax havens or locations that allow secret bank accounts
c. Transactions frequently made in cash but normally made on account
d. Unusual increases in reported assets
e. All of the above are indicators of a possible asset or income concealment
Answer:
The correct answer is D
Explanation:
The following are the possible assets or income concealment and that are as follows:
1.Travel to off-shore the tax havens or the locations which allow secret bank accounts
2. Damaged, missing or inaccurate records.
3. Unusual or rapid or fast reduction in assets
4. Unusually unexplainable or large payments to the vendors
5. Rise in the operating losses which are not explained by the economic factors.
6. Various transactions are made in cash, that are normally made on account.
A motorcycle cost $7,250. If it depreciates by 12% per year, how much will it be worth after one year?
The value of motorcycle after the end of one year will be $6,380.
The depreciation is the reduction in the value of the fixed assets due to the passage of time, wear and tear. It is charged at the end of each year upon the book value of the asset.
There are most commonly three methods to determine depreciation:
Diminishing balanced method.Straight-line method.Double declining balanced method.Computation:
Given,
Cost =$7,250
Rate of depreciation =12%
First the depreciation is computed:
[tex]\begin{aligned}\text{Depreciation}&=\text{Cost}\times\text{Rate of Depreciation}\\&=\$7,250\times12\%\\&=\$870\end{aligned}[/tex]
Now, the worth of motorcycle is computed at the end of one year:
[tex]\begin{aligned}\text{Value of Motorcycle after 1 year}&=\text{Cost\;-\;Depreciation}\\&=\$7,250-\$870\\&=\$6,380\end{aligned}[/tex]
Thus, the worth after one year is $6,380.
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At August 31, the end of the first month of operations, the usual adjusting entry transferring prepaid insurance expired to an expense account is omitted. Which items will be incorrectly stated, because of the error, on (a) the income statement for August and (b) the balance sheet as of August 31
Explanation:
The adjusting entry to record the prepaid insurance expired is shown below:
Insurance expense A/c Dr XXXXX
To Prepaid Insurance XXXXX
(Being insurance expense is recorded)
Since the insurance is expired, we debited the insurance expense and credited the prepaid insurance account
Since this adjusting entry omits that results
a. The expense account is understated due to which the net income is overstated
b. And, the prepaid insurance account is a asset account that would be overstated. As a result, the stockholder equity is also overstated