Which element of a command economy is also used in a mixed economy
Answer:
Governments can regulate businesses
Explanation:
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Answer:
Prices also are dictated by supply and demand rather than by the government, as in the command economy. The profitability of producer and innovation are also key elements of the mixed economic system.
Explanation:
Suppose that XTel currently is selling at $30 per share. You buy 800 shares using $18,000 of your own money, borrowing the remainder of the purchase price from your broker. The rate on the margin loan is 8%.
a. What is the percentage increase in the net worth of your brokerage account if the price of XTel immediately changes to (a) $33; (b) $30; (c) $27? (Leave no cells blank - be certain to enter "0" wherever required. Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.)
b. If the maintenance margin is 25%, how low can XTel’s price fall before you get a margin call? (Round your answer to 2 decimal places.)
c. How would your answer to requirement 2 would change if you had financed the initial purchase with only $12,000 of your own money? (Round your answer to 2 decimal places.)
d. What is the rate of return on your margined position (assuming again that you invest $18,000 of your own money) if XTel is selling after one year at (a) $33; (b) $30; (c) $27? (Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.)
e. Continue to assume that a year has passed. How low can XTel’s price fall before you get a margin call?
On January 1, 2021, Baltimore Company issued $200,000 face value, 5%, 10-year bonds at 103. Baltimore uses the straight-line method for amortization. Use this information to determine the dollar value of the annual bond premium amortization. Round your answer to the nearest whole number (no cents).
Answer:
the dollar value of the annual bond premium amortization is $600
Explanation:
The computation of the dollar value of the annual bond premium amortization is shown below:
Interest paid ($200,000 × 5%) $10,000
Less: premium amortization ($200,000 × 0.03) ÷ 10) -$600
Dollar value of the interest expense $9,400
So, the dollar value of the annual bond premium amortization is $600
Annual bond premium amortized using straight-Line Method is $600.
What is straight-Line Method of Amortization of Bond?In the straight-Line Method, the bond premium or discount is charged/disbursed equally over the life of the bonds.
Given:
Face value of 5% bonds= $200,000
Maturity period= 10 years
Issue price of 5% bonds=103
Value of the annual bond premium amortization=
Interest paid=5% of $200,000=$10,000
Premium amortized= ($200,000 × 0.03) ÷ 10=$600
Interest expense=Interest paid-premium amortization
=$10,000-$600
=$9,400
Therefore, the annual bond premium amortization is $600
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Drag each tile to the correct box.
Arrange the steps in order to show how expansionary fiscal policy
affects an economy.
Tiles
Employment increases to meet the demand of
consumers and businesses.
Consumers and businesses have more money,
Output and prices begin to rise.
The government lowers the tax rate.
Consumers and businesses spend more money.
Answer:
Sample Answer
Explanation:
The steps are being arranged in the following order:
First step: The tax rate is being reduced by the government.Second step: The consumers and businesses have maximum money.Third step: More money spent by consumers and businesses.Fourth step: The demand by consumers is being met due to rising of employment in businesses.Fifth step: There is a rise in output and price of products.What is a fiscal policy?A fiscal policy is one of the policy being applied by the government in order to control the expenditure and taxation structure of country. It helps in increasing the economic growth and reduction of poverty in the country.
The steps in the fiscal policy being implemented in a provided order:
Firstly, the government makes reduction in rates of taxes.Secondly, after tax reductions, the people and business entities get more money for spending and saving.Thirdly, both the entities spent maximum money as they can save more money due to lowering of taxes.Fourth, this increases the demand of goods and services being manufactured which requires more labor to be employed.Fifth, the production output and price of products being risen considerably after increasing demand.Therefore, the steps are being totally matched in the order relating fiscal policy.
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incurred $10,000 of portfolio income. Its corporate trustee paid fiduciary fees of $1,000 therefrom, and also paid $1,000 in premiums for a life insurance policy on Marcia, the grantor of the trust. How much gross income does Marcia include with respect to these trust activities
Answer:
$1000
Explanation:
Portfolio income = $10,000
Fiduciary fees = $1,000
premiums paid for life insurance on Marcia = $1000
Fiduciary fees are fees charged by trustees and executors for services that they rendered
Therefore The amount of gross income Marcia will include being the grantor of the trust = $1000 ( 10% of portfolio income )
The following amounts were taken from the financial statements of Plant Company: 2012 2011 Total assets $800,000 $1,000,000 Net sales 720,000 650,000 Gross profit 352,000 320,000 Net income 150,000 117,000 Weighted average number of common shares outstanding 60,000 90,000 Market price of common stock $67.50 $39 The price-earnings ratio for 2012 is Group of answer choices 27 times. 45 times. 11 times. 2.5 times.
Answer:
the price earning ratio is 27 times
Explanation:
The computation of the price earning ratio is given below;
as we know that
price earning ratio
= Market price ÷ earning per share
= $67.50 ÷ ($150,000 ÷ 60,000 shares)
= $67.50 ÷ 2.5
= 27 times
hence, the price earning ratio is 27 times
Therefore the same should be considered
recent monthly contribution format income statement: Sales$1,652,000 Variable expenses 628,880 Contribution margin 1,023,120 Fixed expenses 1,125,000 Net operating income (loss)$(101,880) In an effort to resolve the problem, the company would like to prepare an income statement segmented by division. Accordingly, the Accounting Department has developed the following information: Division EastCentralWest Sales$422,000 $650,000 $580,000 Variable expenses as a percentage of sales 54% 26% 40% Traceable fixed expenses$268,000 $320,000 $191,000 Required: 1. Prepare a contribution format income statement segmented by divisions. 2-a. The Marketing Department has proposed increasing the West Division's monthly advertising by $29,000 based on the belief that it would increase that division's sales by 17%. Assuming these estimates are accurate, how much would the company's net operating income increase (decrease) if the proposal is implemented
Answer:
Gatty Corporation
1. Segmented Income Statement for the most recent month
Division East Central West Total
Sales $422,000 $650,000 $580,000 $1,652,000
Variable expenses 227,880 169,000 232,000 628,880
Contribution margin $194,120 $481,000 $348,000 $1,023,120
Traceable fixed expenses $268,000 $320,000 $191,000 779,000
Common fixed expenses 346,000
Net operating income (loss) $(73,880) $161,000 $157,000 $(101,880)
2. Assuming these estimates are accurate and implemented, the company's net operating loss of $101,880 will decrease by $69,600 to $32,280.
Explanation:
a) Data and Calculations:
GATTY Corporation
Recent monthly contribution format income statement:
Sales $1,652,000
Variable expenses 628,880
Contribution margin 1,023,120
Fixed expenses 1,125,000
Net operating income (loss) $(101,880)
Segmented Income Statement for the most recent month
Division East Central West
Sales $422,000 $650,000 $580,000
Variable expenses as a percentage of sales 54% 26% 40%
Traceable fixed expenses $268,000 $320,000 $191,000
1. Segmented Income Statement for the most recent month
Division East Central West Total
Sales $422,000 $650,000 $580,000 $1,652,000
Variable expenses 227,880 169,000 232,000 628,880
Contribution margin $194,120 $481,000 $348,000 $1,023,120
Traceable fixed expenses $268,000 $320,000 $191,000 779,000
Common fixed expenses 346,000
Net operating income (loss) $(73,880) $161,000 $157,000 $(101,880)
Segmented Income Statement for the most recent month
Division East Central West Total
Sales $422,000 $650,000 $678,600 $1,750,600
Variable expenses 227,880 169,000 232,000 628,880
Contribution margin $194,120 $481,000 $446,600 $1,121,720
Traceable fixed expenses $268,000 $320,000 $220,000 808,000
Common fixed expenses 346,000
Net operating income (loss) $(73,880) $161,000 $226,600 $(32,280)
$(101,880)
$(32,280)
$69,600
7. Liqin fixes up old cars and sells them to supplement his retirement income. Liqin came across a beat-up 1955 Corvette that she is considering rebuilding and selling. She estimates a 0.2 probability that she will gain 15% on the deal, a 0.2 probability that she will gain 10%, and a 0.6 probability that she will gain 5%. Liqin's expected return for fixing up and selling the Corvette is ____%. a. 8 b. 11 c. 20 d. 30
Answer:
a. 8%
Explanation:
Expected Return = [(Return*Probability)+(Return*Probability)+(Return*Probability) * 100%]
Expected Return = [{(15%*0.2)+(10%*0.2)+(5%*0.6)} * 100]%
Expected Return = [{(0.15*0.2)+(0.1*0.2)+(0.05*0.6)} * 100]%
Expected Return = [{0.03+0.02+0.03} * 100]%
Expected Return = [{0.08 * 100}]%
Expected Return = 8%
So, Liqin's expected return for fixing up and selling the Corvette is 8%.
is a competitive strategy that provides organizations with a way to analyze their organizational environment and internal operations to create value.
Answer:
Profit
Explanation:
Competitive Strategy can be regarded as as long term plan of a particular firm so that it can gain competitive advantage in the industry over its competitors . It is a way to set defensive position by a firm in particular industry. A firm that is in competitive market will definitely strive to maximize profits, which involves compititive strategy, The profit can be regarded as difference between total revenue and total cost of the firm. It should be noted that profit is a competitive strategy that provides organizations with a way to analyze their organizational environment and internal operations to create value.
$1,000 par value bond pays interest of $35 each quarter and will mature in 10 years. If your nominal annual required rate of return is 12 percent with quarterly compounding, how much should you be willing to pay for this bond
Answer:
$1,115.58
Explanation:
Calculation to determine how much should you be willing to pay for this bond
Using this formula
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Where,
Par value= $1,000
Cupon= $35
Time= 10*4= 40 quarters
Rate= 0.12/4= 0.03
Let plug in the formula
Bond Price= 35*{[1 - (1.03^-40)] / 0.03} + [1,000/(1.03^40)]
Bond Price= 809.02 + 306.56
Bond Price= $1,115.58
Therefore how much should you be willing to pay for this bond is $1,115.58
Because there isn't one single measure of inflation, the government and researchers use a variety of methods to get the most balanced picture of how prices fluctuate in the economy. Two of the most commonly used price indexes are the consumer price index (CPI) and the GDP deflator.
The GDP price index for this year is calculated by dividing the ______________using __________ by the_____________ using _______________ and multiplying by 100.
Indicate whether each scenario will affect the GDP deflator or the CPI for the United States.
a. A decrease in the price of a Waterman Industries deep-water reel, which is a commercial fishing product used for deep-sea fishing
b. An increase in the price of a Japanese-made television that is popular among U.S. consumers
Answer:
An apple, potato, and onion all taste the same if you eat them with your nose plugged
Explanation:
The lower of cost or market rule may be applied by comparing the market value of the inventory to the cost of the inventory based on:
Answer:
d. Industry inventory standards.
Explanation:
As we know that the lower of the cost or the market value is to be applied for the inventory valuation. It can be applied for whole inventory or the individual item of the inventory or one or more categories of inventory
But it should not be applied for the inventory made for industry standards
hence, the option d is correct
The shareholders of Flannery Company have voted in favor of a buyout offer from Stultz Corporation. Information about each firm is given here:
Answer:
The answer is "$4.311".
Explanation:
Calculating the EPS after the merger:
[tex]\text{Stultz Corp Post Merger Earnings} = 220,000 + 1,000,000 \\\\[/tex]
[tex]= \$1,220,000[/tex]
[tex]\to \text{Number of Shares Post Merger:} \\\\=\frac{99,000}{3} + 250,000\\\\ = 283,000\\\\\text{EPS Post Merger} =\frac{\text{Stultz Corp Post Merger Earnings}}{\text{Number of Shares Post Merger}} \\\\[/tex]
[tex]= \frac{1,220,000}{283,000} \\\\= \$4.311[/tex]
Simone founded her company using of her own money, issuing herself shares of stock. An angel investor bought an additional shares for . She now sells another shares of stock to a venture capitalist for million. What is the post-money valuation of the company
Answer:
C) $2,400,000
Explanation:
Here is the complete question
Simone founded her company using $200,000 of her own money, issuing herself 200,000 shares of stock. An angel investor bought an additional 100,000 shares for $150,000. She now sells another 500,000 shares of stock to a venture capitalist for $1.5 million. What is the post-money valuation of the company?
A) $1,200,000
B) $1,320,000
C) $2,400,000
D) $3,600,000
company's value = value per share x total shares
Value per share = total purchasing price / total shares sold
$1.5 million / 500,0000 = $3
Total shares = 500,000 + 200,000 + 100,000 = 800,000
company's value = 800,000 x $3 = $2,400,000
Shawnee Hospital installs a new parking lot. The paving cost $30,000 and the lights to illuminate the new parking area cost $15,000. Which of the following statements is true with respect to these additions?
a. $30,000 should be debited to the Land account.
b. $15,000 should be debited to Land Improvements.
c. $45,000 should be debited to the Land account.
d. $45,000 should be debited to Land Improvements.
Answer: d. $45,000 should be debited to Land Improvements.
Explanation:
Land improvements records any moderation to land asset that is expected to add to its value and lasts for more than a year.
The paving and lighting of the parking area will add value to the area and will last longer than a year so both should go to the Land improvement account. As this account is an asset account, it will be debited when increased:
= 30,000 + 15,000
= $45,000
Presented here are summarized data from the balance sheets and income statements of Wiper, Inc.:
WIPER, INC.
Condensed Balance Sheets
December 31, 2017, 2016, 2015
(in millions)
2017 2016 2015
Current assets $764 $981 $843
Other assets 2,424 1,931 1,730
Total assets $3,188 $2,912 $2,573
Current liabilities $588 $841 $ 734
Long-term liabilities 1,582 1,034 910
Stockholders’ equity 1,018 1,037 929
Total liabilities and stockholders' equity $ 3,188 $ 2,912 $ 2,573
WIPER, INC
Selected Income Statement and Other Data
For the year Ended December 31, 2017 and 2016
(in millions)
2017 2016
Income statement data:
Sales $3,061 $2,924
Operating income 307 321
Interest expense 95 76
Net income 224 219
Other data:
Average number of common shares outstanding 42.4 47.8
Total dividends paid $61.0 $53.4
Required:
a. Calculate return on investment, based on net income and average total assets, for 2017 and 2016.
b. Calculate return on equity for 2017 and 2016.
c. Calculate working capital and the current ratio for each of the past three years.
d. Calculate earnings per share for 2017 and 2016
e. If Wiper's stock had a price/earnings ratio of 12 at the end of 2017, what was the market price of the stock?
Answer:
Wiper, Inc.
a. Return on investment, based on net income and average total assets, for 2017 and 2016.
2017 2016
Return on investment 7% 8%
b. Return on equity for 2017 and 2016.
2017 2016
Return on equity 22% 21%
c. Working capital and the current ratio for each of the past three years.
2017 2016 2015
Working capital $176 $140 $109
Current ratio 1.3 1.2 1.1
d. Earnings per share for 2017 and 2016:
2017 2016
EPS = $5.28 $4.58
e. If Wiper's stock had a price/earnings ratio of 12 at the end of 2017, the market price of the stock is:
= $63.36
Explanation:
a) Data and Calculations:
WIPER, INC.
Condensed Balance Sheets
December 31, 2017, 2016, 2015
(in millions)
2017 2016 2015 Average 2017 2016
Current assets $764 $981 $843 $872.5 $912
Other assets 2,424 1,931 1,730 $2,177.5 $1,830.5
Total assets $3,188 $2,912 $2,573 $3,050 $2,742.5
Current liabilities $588 $841 $ 734 $714.5 $787.5
Long-term liabilities 1,582 1,034 910 $1,308 $972
Stockholders’ equity 1,018 1,037 929 $1,027.5 $983
Total liabilities and
stockholders' equity $ 3,188 $ 2,912 $ 2,573 $3,050 $2,742.5
WIPER, INC
Selected Income Statement and Other Data
For the year Ended December 31, 2017 and 2016
(in millions)
2017 2016
Income statement data:
Sales $3,061 $2,924
Operating income 307 321
Interest expense 95 76
Net income 224 219
Other data:
Average number of common shares outstanding 42.4 47.8
Total dividends paid $61.0 $53.4
a. Return on investment:
2017 = 7% ($224/$3,050 * 100)
2016 = 8% ($219/$2,742.5 * 100)
b. Return on equity:
2017 = 22% ($224/$1,018 * 100)
2016 = 21% ($219/1,037 * 100)
c. Working capital = Current assets Minus Current liabilities
Current Ratio = Current assets/Current liabilities
2017 2016 2015
Current assets $764 $981 $843
Current liabilities $588 $841 $734
Working capital $176 $140 $109
Current ratio 1.3 1.2 1.1
d. Earnings per share = Net income/Outstanding shares
2017 2016
Net income 224 219
Outstanding shares 42.4 47.8
EPS = $5.28 $4.58
e. Price/Earnings ratio = 12 for 2017
Market price = $63.36 ($5.28 * 12)
The following events occurred last year at Dorder Corporation: Purchase of plant and equipment $ 56,000 Sale of long-term investment $ 40,000 Dividends received on long-term investments $ 22,000 Paid off bonds payable $ 40,000 Depreciation expense $ 25,000 Based on the above information, the net cash provided by (used in) investing activities for the year on the statement of cash flows would be:
Answer:
($16,000)
Explanation:
STATEMENT OF CASH FLOWS PARTIAL (USING INDIRECT METHOD)
Cash Flow from Investing activities
Purchase of plant amd equipment -$56,000
Sale of long-term investment $40,000
Net cash Flow from Investing activities -$16,000
Moonscape has just completed an initial public offering. The firm sold 3 million shares at an offer price of $10 per share. The underwriting spread was $0.50 a share. The price of the stock closed at $15.00 per share at the end of the first day of trading. The firm incurred $300,000 in legal, administrative, and other costs. What were flotation costs as a fraction of funds raised
Answer:
Moonscape
The flotation costs as a fraction of funds raised is:
= 0.04
Explanation:
a) Data and Calculations:
Number of shares issued = 3,000,000 shares
Offer price per share = $10
Underwriting spread per share = $0.50
Closing price at first day of trading = $15.00
Legal, administrative, and other costs = $300,000
Amount of funds raised from the issue = $45,000,000 (3,000,000 * $15)
Underwriting cost = $1,500,000 ($0.50 * 3,000,000)
Total flotation cost = $1,800,000 ($300,000 + $1,500,000)
Flotation costs as a fraction of funds raised = $1,500,000/$45,000,000
= 0.04
= 4%
You sell one December futures contracts when the futures price is $1,010 per unit. Each contract is on 100 units and the initial margin per contract that you provide is $2,000. The maintenance margin per contract is $1,500. During the next day the futures price falls to $1,008 per unit. What is the balance of your margin account at the end of the day? a. $3,700b. $1,800c. $2,200d. $1,500
Answer:
b. $1800
Explanation:
Calculation to determine the balance of your margin account at the end of the day
Margin account balance=$2,000-[100*($1008-$1010)]
Margin account balance=$2,000-(100*$2)
Margin account balance=$2,000-$200
Margin account balance=$1,800
Therefore the balance of your margin account at the end of the day is $1,800
_____ 7. While North Americans want to decide the main points at a business meeting and leave the details for later, people in this country need to have all details decided before the meeting ends to avoid suspicion and distrust.
Answer:
"Mexico" is the appropriate answer.
Explanation:
Throughout the case of Mexican individuals, what and when to talk in the discussions or conferences is punctual. Furthermore, you wouldn't overlook the little characteristics because doing so would generate misunderstanding or some complications. You mention as well as continue to talk all about that at the conference.Betty won $500 in a poker tournament. She deposits her $500 winnings into a money market fund so that she can use the money next year to help her pay for a trip to Las Vegas. This is an example of money serving as a(n)
Answer:
Store of value.
Explanation:
Money can be defined as any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.
Simply stated, money refers to any asset which can be used to purchase goods and services by customers.
This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.
Generally, the three (3) main functions of money all over the world are;
I. Medium of exchange.
II. Unit of account.
III. Store of value.
Money functioning as a "store of value" simply means that, it adds to the purchasing power of a consumer over a period of time.
Hence, money being a store of value makes it possible to transfer purchasing power between traders and buyers from the present to the future.
In this scenario, Betty won $500 in a poker tournament and deposits her winnings into a money market fund to enable her use the money to pay for a trip to Las Vegas next year. Thus, this is an example of money serving as a store of value.
On November 10, JumpStart Co. provides $2,020 in services to clients. At the time of service, the clients paid $540 in cash and put the balance on account. a. Journalize this event. If an amount box does not require an entry, leave it blank. Nov. 10 fill in the blank ead883f98fa5048_2 fill in the blank ead883f98fa5048_3 fill in the blank ead883f98fa5048_5 fill in the blank ead883f98fa5048_6 fill in the blank ead883f98fa5048_8 fill in the blank ead883f98fa5048_9 b. On November 20, JumpStart Co. clients paid an additional $490 on their accounts due. Journalize this event. If an amount box does not require an entry, leave it blank. Nov. 20 fill in the blank 167ca2fa4f98fdd_2 fill in the blank 167ca2fa4f98fdd_3 fill in the blank 167ca2fa4f98fdd_5 fill in the blank 167ca2fa4f98fdd_6 c. Calculate the accounts receivable balance on November 30. $fill in the blank 17c552fd905afa2_1
Answer:
A. Dr Cash $540
Dr Accounts Receivable $1,480
Cr Fees Earned $2,020
B. Dr Cash $490
Cr Accounts Receivable $490
C.$990
Explanation:
A. Preparation of Journal entry
Nov 10
Dr Cash $540
Dr Accounts Receivable $1,480
($2,020-$540)
Cr Fees Earned $2,020
B. Preparation of Journal entry
Nov 20
Dr Cash $490
Cr Accounts Receivable $490
C. Calculation to determine the accounts receivable balance on November 30
Original invoice $2,020
Less Cash paid upon completion ($540)
Original amount on accounts receivable $1,480
($2,020-$540)
Less Nov 20th payment ($490)
Accounts Receivable balance $990
($1,480-$490)
Therefore the accounts receivable balance on November 30 is $990
An entrepreneur founded his company using $250,000 of his own money, issuing himself 200,000 shares of stock. An angel investor bought an additional 100,000 shares for $200,000. The entrepreneur now sells another 400,000 shares of stock to a venture capitalist for$2 million. What is the post-money valuation of the company?
Answer:
$3,500,000
Explanation:
the total number of shares
= 200000 + 100000 + 400000
= 700000 shares
value of 400000 shares = 2 million dollars
such that 1 share = 2 million/400000
= 5
total value of the shares = 5 * 700000
= $3,500,000
therefore we conclude that the post money valuation of this company is $3,500,000
Throughout the year an auto parts warehouse places several orders for a high-volume automobile air filter. The demand for this air filter is very stable (flat) and the lead time from the supplier is very reliable (no variation), consequently the warehouse holds virtually no safety stock for this item. When placing orders for this air filter the warehouse uses an order quantity of 170 units and pays an annual holding cost of $2.00 per unit per year.
How much will the warehouse pay in total annual holding costs for this air filter? (Display your answer to the nearest whole number.)
Answer: $170
Explanation:
The amount that the warehouse will pay in total annual holding costs for this air filter will be calculated thus:
Order quantity(Q) = 170 units
Holding cost(H) = $2.00 per unit per year
Total annual holding cost will be:
= (Order quantity/2) × Holding cost
= (170/2) × 2.00
= 85 × 2.00
= $170
The annual holding cost is $170
is peace good or bad for the economy
Answer:
Peace is good for the economy
For each separate situation, indicate whether Cruz Company should (a) record a liability, (b) disclose in
notes, or (c) have no disclosure.
1. Cruz Company guarantees the $100,000 debt of a supplier. It is not probable that the supplier will
default on the debt.
2. A disgruntled employee is suing Cruz Company. Legal advisers believe that the company will likely
need to pay damages, but the amount cannot be reasonably estimated.
Answer:
Cruz Company
Indicating whether to (a) record a liability, (b) disclose in notes, or (c) have no disclosure.
Transaction Remark
1. Guarantee of supplier's debt (c) have no disclosure
2. Damages for disgruntled employee (b) disclose in notes
Explanation:
When it is not probable that the supplier whose debt is guaranteed by Cruz will default on the debt, there is no need to make a disclosure since probable liability is not accruing to Cruz. But with the legal case of a disgruntled employee, Cruz should disclose the information in a note. It can only be recorded as a liability when the amount of the damages can be reasonably estimated.
Company B hosts quarterly events for employees and their families. Everyone loves them because they help employees build relationships with each other and reinforce the company's cultural value of having a family-like atmosphere. Based on this information, Company B most likely follows which leadership philosophy?
Answer:
Relational leadership philosophy
Explanation:
Relational leadership philosophy is a form of leadership that focuses on building positive relationships among the employees in an organization. The leaders in the organization who desire to build trust and a family-like atmosphere in the organization follow this philosophy. Organizing get-togethers where employees and their families interact with one another is one way of building trust and friendly relationships. It helps people get to know one another better and come to each other's aid when behaviors that are unusual are noticed.
On July 22, Peter sold $23,500 of inventory items on credit with the terms 2/15, net 30. Payment on $15,000 sales was received on August 1 and the remaining payment was received on August 12. Assuming Peter uses the gross method of accounting for sales discounts, which entries was made on August 1 to record the cash received?
Answer:
Date Account titles and explanation Debit Credit
Cash $14,700
To Sales Discount $300
($15000 * 2%)
To Accounts Receivable $15,000
(Entries to record he cash received)
2) Excellent Mugs Inc. produced 1,600,000 units in 2017 at a units of output per dollar of input cost was $0.09. Its cost of input at 2017 prices that would have been used in 2016 was $20,000,000. How much did the total factor productivity (TFP) increase as a result of 2017 operations
Answer:
the total factor productivity (TFP) increase as a result of 2017 operations is 12.5%
Explanation:
The computation of the total factor productivity (TFP) increase as a result of 2017 operations is given below;
The Unit produced in 2016 is
= $20,000,000 x $0.09
= 1,800,000
Now
Total factor productivity increase for the year 2017 is
= (1,800,000 - 1,600,000) ÷ 1,600,000
= 12.5%
Hence, the total factor productivity (TFP) increase as a result of 2017 operations is 12.5%
who is prime minister of Nepal
