A minimum resale price maintenance agreement requires a dealer who buys from a manufacturer to sell for at least a certain minimum price.
MRPM, or minimum resale price maintenance, is a contract between a supplier and a distributor of a product that establishes the minimum price that can be charged for that product. The reseller agrees not to sell the item for less than the minimum price set by the manufacturer in this agreement.
Minimum resale price maintenance can be beneficial for both the reseller and the manufacturer. It ensures that the product is sold for the same price across all channels, allowing the reseller to earn a reasonable profit. The producer, on the other hand, can ensure that their brand and product will retain its value.
However, it is important to remember that MRPM is only legal if it is implemented reasonably, meaning that the minimum price should not be so high that it leads to market monopoly or otherwise restricts trade.
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The initial steps of the performance management cycle involve ____________________.
A group of answer choices
provides employees with training, necessary resources and tools, and frequent feedback communication.
performance evaluation is when the manager and the employee discuss and compare the targeted performance goals and supporting behaviors with the actual results.
identifying what the company is trying to accomplish (goals or objectives), creating a set of key performance dimensions, and developing performance measures.
evaluating the effectiveness of the performance management system is necessary to determine needed changes.
Managers are involved in traditional performance management process, while ________ are involved in continuous performance management.
Group of answer choices
only peers
peers and direct reports (subordinates)
managers, peers, and direct reports (subordinates)
managers and peers
Exelont Corp. is a large-scale manufacturer of consumer electronics. As part of its performance management system, Exelont measures the amount each employee contributes to the profits of the company, and the employees are either held accountable or rewarded based on their contributions. With regard to performance measurement, under which of the following would contribution to profits be categorized?
Group of answer choices
behavioral observation scales (BOSs)
key risk indicators (KRIs)
non-performing assets (NPAs)
critical success factors (CSFs)
The initial steps of the performance management cycle involve identifying what the company is trying to accomplish (goals or objectives), creating a set of key performance dimensions, and developing performance measures.
Managers are involved in traditional performance management process, while peers and direct reports (subordinates) are involved in continuous performance management.
With regard to performance measurement, contribution to profits would be categorized under critical success factors (CSFs). CSFs are performance metrics used to evaluate whether a company is achieving its objectives.
These objectives are based on the most important goals and objectives of the organization. By measuring each employee's contribution to profits, Exelont is able to determine if each employee is helping the organization achieve its goals. This type of performance metric can help to improve employee productivity, which can lead to increased profits.Employee productivity, sometimes referred to as workforce productivity, is an assessment of the efficiency of a worker or group of workers.Workforce productivity is the amount of goods and services that a group of workers produce in a given amount of time. It is one of several types of productivity that economists measure.
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The current book value of a fixed asset that was purchased 2 years is used in the computation of which of the following?A. Depreciation tax shieldB. tax due on the salvage value of that assetC. Current year operating cash flowD. Change in net working capitalE MACRS depreciation for the current year
The current book value of a fixed asset that was purchased 2 years is used in the computation of E) MACRS depreciation for the current year.
What is MACRS Depreciation?Modified Accelerated Cost Recovery System (MACRS) depreciation is a tax accounting technique that depreciates assets faster than the straight-line method over a specified period of time, resulting in higher tax deductions in the early years of an asset's life.
MACRS depreciation, which stands for Modified Accelerated Cost Recovery System, is a method of depreciating assets for tax purposes. The IRS mandates this depreciation method, which is a method of cost recovery for tangible assets. The tax code sets out the procedures for determining depreciation deductions on tax returns for property that is subject to depreciation. The MACRS, which is a tax accounting technique, offers an accelerated depreciation schedule that enables companies to recover a significant portion of the cost of an asset in the first few years of its useful life.
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what do employees engage in when they choose actions to solve a problem?
When employees choose actions to solve a problem, they engage in problem-solving behavior. Problem-solving behavior refers to the cognitive and behavioral actions that individuals take to identify, analyze, and solve a problem.
Problem-solving behavior involves several steps, including:
Defining the problem: Employees need to identify the problem they are facing and define it clearly.
Gathering information: Once the problem is defined, employees need to gather relevant information to better understand the problem and its causes.
Analyzing the information: Employees need to analyze the information they have gathered and identify the root causes of the problem.
Generating solutions: Based on the analysis, employees need to generate possible solutions to the problem.
Evaluating the solutions: Employees need to evaluate the potential solutions based on their feasibility, effectiveness, and potential impact.
Implementing the solution: Once a solution has been selected, employees need to implement it and monitor its effectiveness.
Learning from the experience: Finally, employees need to reflect on the problem-solving process and learn from their experience to improve their problem-solving skills in the future.
Effective problem-solving behavior is a valuable skill for employees to have, as it enables them to identify and overcome challenges and contribute to the success of the organization.
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1.SpaceX builds a space elevator to carry goods into space without the use of rockets. This is an example of .
A.related diversification
B.vertical intergration
C.diversification
D.unrelated diversification
2.When a company purchases another business that does something different from what the purchasing company does, the purchasing company is using a strategy of
A.unrelated diversification
B. vertical integration
C. related diversification
3.Pretend that you own a small coffee shop. You have decided that this year is a good time to grow your business, and you have chosen to do so by acquiring a coffee cup manufacturer across town. This is an example of .
A. vertical integration
B. unrealted diversification
C. related diversification
4.Diversification is most frequently associated with a strategy of .
A.stability
B. growth
C. retrenchment
answer all 4 please.
Rockets are an example of vertical integration. The company is using a strategy of unrelated diversification. This is an example of unrelated diversification. Diversification is most frequently associated with a strategy of growth. Thus, option 1. (b), 2. (a), 3. (b), 4. (b) is correct.
Vertical integration includes lowering the number of outside suppliers and putting more emphasis on internal production. The process of investing financial resources in a new market or industry, or creating one or more items to offer on a new market, is known as diversification.
One of the four key growth strategies described by Igor Ansoff in 1957 is diversification strategy, which enables businesses to consider new industries they may enter or new products they could introduce to broaden their customer base and boost their income.
Therefore, option 1. (b), 2. (a), 3. (b), 4. (b) is correct.
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What is marginal product defined as?
Marginal product is defined as the additional quantity of output resulting from an extra unit of input. It can be used to determine the effectiveness of adding more workers or inputs to a production process. The marginal product of labor (MPL) is the change in output that results from adding one more unit of labor.
Marginal product is a critical economic concept that is utilized to analyze the relationship between an increase in input and its effect on output. It's often used to determine the level of production that is ideal for a given input. As a result, it is frequently used in agricultural and manufacturing settings, among other sectors.
The marginal product can be calculated using the following formula:
MP = ΔQ/ΔL
Where MP stands for marginal product, ΔQ is the change in output, and ΔL is the change in input.
Furthermore, marginal product can be used in conjunction with other economic concepts like marginal cost, marginal revenue, and average product. Marginal cost is the additional cost of producing one more unit of output, while marginal revenue is the additional revenue generated by selling one more unit of output.
In conclusion, marginal product is defined as the additional quantity of output that results from adding an extra unit of input. It is frequently used to determine the ideal level of production for a given input and is a critical concept in the economic analysis of production processes.
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Which of the following statements is true if a taxpayer has a net long-term capital gain of $7,000 and a net short-term capital loss of $5,000?
Multiple Choice
$7,000 taxed at a preferential 0, 15, or 20 percent rate and $5,000 deduction against ordinary income.
$7,000 taxed at a preferential 0, 15, or 20 percent rate and $3,000 deduction against ordinary income. $2,000 of the loss carries over to next year.
$2,000 taxed a preferential 0, 15, or 20 percent rate.
If a taxpayer has a net long-term capital gain of $7,000, then the correct statement is (B) "$7,000 taxed at a preferential 0, 15, or 20 percent rate and $3,000 deduction against ordinary income. $2,000 of the loss carries over to next year".
This is because the taxpayer can offset their net short-term capital loss of $5,000 against their ordinary income, reducing their taxable income by $3,000, and then pay taxes on their net long-term capital gain of $7,000 at the preferential 0, 15, or 20 percent rate. The remaining $2,000 of the short-term capital loss can be carried over to the next tax year.
Capital gains and losses are taxed differently depending on whether they are long-term or short-term, and how much the taxpayer has gained or lost overall. It's important to properly calculate and report capital gains and losses on tax returns to ensure that the correct amount of taxes are paid or refunded.
Thus, Option B holds true.
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when determining the batch size, which consideration is the least important? a. achieving economies by grouping together large numbers of transactions b. providing control over the transaction process c. complying with legal mandates
The least important consideration when determining the batch size is c) complying with legal mandates. The primary considerations are economic considerations and control over the transaction process. Legal considerations are also important but not as crucial as the other two considerations. Here option c) is the right answer.
A batch size is the number of items or products that a batch of raw materials or finished goods will generate. Batch processing, which is used in many industries, is a process in which a batch of inputs is processed all at once.
Economic considerations are the most important aspect of determining batch size. The number of transactions that can be completed at the lowest possible cost is determined by the batch size. Control over the transaction process is also a significant factor to consider. It is critical to ensure that the transaction process is streamlined and standardized and that there are no deviations that might cause mistakes.
The third important consideration is complying with legal mandates. Legal mandates must be followed to ensure that a business is working within the law. However, the least important consideration when determining the batch size is complying with legal mandates.
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If the government decided that consumers could no longer put any metallic objects in the trash and issued $200 fines for violators, all of the following would be likely to occur EXCEPT:Most consumers would not change their behavior.Most people would not change their behaviors.The number of Twinkie suppliers would likely increase.
The only action that is not related to the government, metal trash and consumers violators is the Twinkie suppliers.
What would be the impact of the given government rule on the consumers?The given government rule will compel the consumers to stop putting metallic objects in the trash. The ones who are not complying with the law will be penalized with a fine of $200.
This will make the consumers more conscious about their waste management system and they will be more attentive while disposing of their waste.On the other hand, if this rule is implemented, it will not have any impact on the number of Twinkie suppliers.
Thus, the statement "The number of Twinkie suppliers would likely increase" is incorrect for the case in particular, but is the correct answer at your question.
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the jackson-timberlake wardrobe company just paid a dividend of $1.32 per share on its stock. the dividends are expected to grow at a constant rate of 7 percent per year indefinitely. a. if investors require a return of 14 percent on the company's stock, what is the current price?
The current price of the Jackson-Timberlake Wardrobe Company's stock is $19.14,
In finance, a dividend is a payment made by a corporation to its shareholders, usually in the form of cash, but it can also be paid in stock or other property. Dividends are typically paid out of a company's profits, and the amount of the dividend is usually determined by the company's board of directors.
Dividends are one way that shareholders can benefit from their investment in a company. Shareholders who own stock in a company that pays dividends receive a portion of the company's profits in proportion to their ownership stake.
Not all companies pay dividends, and some may choose to reinvest their profits back into the business instead of distributing them to shareholders. The decision to pay dividends is often influenced by factors such as the company's financial performance, growth prospects, and capital requirements.
Dividends can provide a steady stream of income for investors, but it's important to note that they are not guaranteed. Companies may decide to reduce or suspend dividend payments if their financial performance deteriorates or if they need to conserve cash for other purposes.
Calculations are as follows:
Dividend per share:[tex]$1.32[/tex]
The required rate of return:[tex]14%[/tex]
The expected growth rate of dividends:[tex]7%[/tex]
Price = Dividend/[Required rate of return - Expected growth rate of dividends]
Price =[tex]$1.32/[14% - 7%][/tex]
Price = [tex]$1.32/7%[/tex]
Price = [tex]$19.14[/tex]
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A Firm's success depends on a manager's ability to _____
a. assign tasks to avoid based on a worker's weakness b. assign tasks based on a worker's strengths c. assign tasks that workers prefer
The capacity of a manager to assign jobs depending on a worker's strengths determines a company's performance.
What stereotypes about the characteristics of successful female executives are true?What stereotypes about the characteristics of successful female executives are true? Women work well together. Compared to men, women tend to utilise a more participative style.
Which of the following claims regarding the leadership qualities of men and women is accurate?Which of the following claims regarding the leadership qualities of men and women is true, according to research. Men utilised a more autocratic and directive style than women, while women used a more democratic or participatory style.
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Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022.(in millions) 2020 2021 2022Beginning inventory $2,100 $2,500 $2,800Ending inventory 2,500 2,800 2,900Cost of goods sold 20,930 23,850 23,655Sales revenue 38,900 43,600 43,480a. Calculate the inventory turnover for 2020, 2021, and 2022.b. Calculate the days in inventory for 2020, 2021, and 2022.c. Calculate the gross profit rate for 2020, 2021, and 2022.
2020 is the year's inventory turnover for 2020, 2021, and 2022. Inventory turnover is $20,930 / (($2,100 + $2,500) / 2) = 8.19, $23,850 / (($2,500 + $2,800) / 2) = 8.54, and $23,655 / (($2,800 + $2,900) / 2) = 8.16.
What is the inventory ratio at PepsiCo?A ratio that demonstrates how frequently a company's inventory is sold and replaced over time is known as an inventory turnover ratio. For the three months ended December 31, 2022, PepsiCo's inventory turnover ratio was 2.57.
What percentage of the inventory is there?The carrying cost of an organization's inventory can be stated as a percentage. It is computed by totaling all carrying expenses, dividing that number by the total inventory value, and multiplying the result by 100 to get a percentage.
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Nyah knows that planning and strategic management can help focus on the most critical problems, choices, and opportunities by Multiple Choicea. providing direction and momentum. b. encouraging new ideas. c. developing a sustainable competitive advantage. d. setting long-term goals.
Nyah knows that planning and strategic management can help focus on the most critical problems, choices, and opportunities by providing direction and momentum. The correct answer is option a.
This is because planning and strategic management involves determining a company's direction and setting a course for the future, as well as determining the most efficient way to get there. In doing so, planning and strategic management provide direction and momentum. It ensures that all aspects of the organization are aligned and working together toward the same goals.
Planning and strategic management is crucial for businesses, and it can help to focus on the most critical problems, choices, and opportunities. They help in many ways, including providing direction and momentum, encouraging new ideas, developing a sustainable competitive advantage, setting long-term goals, and creating a strong organizational structure.
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what is unsecured credit cards for bad credit with high limits
Unsecured credit cards for bad credit with high limits are credit cards that do not require a deposit and offer high credit limits to individuals who have a poor credit history.
Unsecured credit cards are riskier for lenders than secured credit cards because they do not have any collateral to fall back on if the borrower defaults. As a result, the interest rates on unsecured credit cards for bad credit with high limits are higher than those on secured credit cards. Additionally, they typically have annual fees and other charges to offset the risks they pose to lenders. Applicants for unsecured credit cards for bad credit with high limits must have a stable source of income and a good debt-to-income ratio to be approved.
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what is an indirect cost of car ownership? question 50 options: maintenance and repair gasoline pollution from production and use raw materials and labor dealer mark-up
D) Dealer mark-up is an indirect cost of car ownership.
An indirect cost of car ownership refers to a cost associated with owning a car that is not directly related to its operation or use. Out of the options listed, dealer mark-up can be considered an indirect cost of car ownership. Dealer mark-up is the difference between the cost of acquiring a car from the manufacturer and the price at which it is sold to the customer. This cost is not directly related to the car's operation or use but is an additional expense associated with owning a car. Other examples of indirect costs of car ownership may include insurance, taxes, and depreciation.
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In context to product development, a top-down approach is also called an inside out approach because the idea comes from:a. the primary raw material suppliers. b. the firm's product distributors. c. the firm's customers. d. within the firm.
The top-down approach, or inside-out approach, is a product development approach that starts with the company and works its way outward. It is based on the idea that a product should be designed from the inside out, starting with the company's core capabilities and objectives and then expanding outward to the customer needs.
This approach assesses the company’s existing resources and capabilities in order to determine what kind of product to develop and how to develop it. It also looks at the customer’s wants and needs to ensure the new product is designed to meet those needs.
This approach is different from the bottom-up approach, which starts with the customer and works its way inward. With the top-down approach, the company first determines what it can offer and then looks for customer needs that match. This approach is helpful when the company has an idea for a product but needs to determine how to develop it and what features it should have.
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candy was bidding on a piece of jewelry that was for sale on ebay. at the end of the bidding process, candy was the highest bidder, so in exchange for her promise to pay, the seller will send her the merchandise. this kind of contract is known as a
A contract in which one party promises to pay for goods or services in exchange for a product or service from another party is known as a "sale of goods contract".
This type of contract is commonly used in situations such as Candy's, where the bidder is the buyer and the seller is the party providing the goods.
In a sale of goods contract, both parties agree to the terms of the transaction and the seller is obligated to provide the goods or services in exchange for the bidder's payment.
The buyer promises to pay the seller a certain amount of money at an agreed-upon date or when the goods are received. In the event of a dispute, both parties can seek legal remedies.
In Candy's case, if she follows through with her promise to pay, she will receive the piece of jewelry she bid on.
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a(n) study is conducted as part of the systems analysis process to see if the project is even worth considering. question content area bottom part 1 a. data b. systems c. information d. mis e. feasibility
A feasibility study is conducted as part of the systems analysis process to see if the project is even worth considering. The correct answer is option e. Feasibility.
Feasibility study aims to assess whether the project is viable or not. A feasibility study is a detailed examination of a project to determine its economic, social, and technical viability. It is conducted as part of the systems analysis process to see if the project is even worth considering.
This study assesses the viability of a proposed project, examining its potential benefits, costs, and risks. A feasibility study may include an analysis of market demand, technical requirements, and the availability of resources. The feasibility study is used to assess whether a project is feasible or not.
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Sole proprietorships are limited in their options for raising money. These options include which of the following? (Choose ALL correct answers).
a. financing by selling ownership in their business venture
b. financing using the proprietor's personal resources
c. financing the business through debt
d. taking on a partner
Sole proprietorships are limited in their options for raising money. These options include B) financing using the proprietor's personal resources and C) financing the business through debt.
What is Sole proprietorship?A sole proprietorship is an unincorporated company that is solely owned and controlled by one person who is legally responsible for all aspects of the company's business. Since there is no legal division between the individual and the company, the proprietor has full control over the business and is responsible for its profits and losses.
Most importantly, the sole proprietorship is an inexpensive and simple business structure, but it has limited options for financing.
The following are some of the options available to a sole proprietorship for raising money:
Financing using the proprietor's personal resourcesFinancing the business through debtThus, the options for raising money in a sole proprietorship include financing using the proprietor's personal resources and financing the business through debt.
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in which case would people desire to borrow the most? a. the nominal interest rate is 6% and the inflation rate is 3% b. the nominal interest rate is 8% and the inflation rate is 7% c. the nominal interest rate is 7% and the inflation rate is 5% d. the nominal interest rate is 5% and the inflation rate is 1%
In the case of borrowing, people would desire to borrow the most when the nominal interest rate is 5% and the inflation rate is 1%.
The nominal rate of interestPeople desire to borrow the most in cases where the nominal interest rate is lower than the inflation rate. The statement that supports this is given as follows:
When the nominal interest rate is lower than the inflation rate, people would desire to borrow the most because the interest rates of loans will decrease more quickly than the interest rates of savings accounts will decrease. The given options are as follows:
Therefore, option D where the nominal interest rate is 5% and the inflation rate is 1% is the correct option.
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If the demand for dollars is greater than the supply of them and the supply of Indian rupee is greater than the demand for them, then the dollar will _____ against the rupee.
If the demand for dollars is greater than the supply of them and the supply of Indian rupee is greater than the demand for them, then the dollar will appreciate against the rupee.
What is an exchange rate?An exchange rate is a price at which one currency can be exchanged for another currency. A country's currency value is measured against the value of another country's currency.
When a currency's demand is greater than its supply, its value appreciates, while when its supply is greater than its demand, its value depreciates.
The law of supply and demand governs currency rates on a global level.
In such situations, demand is high and supply is low, resulting in an increase in the price of the currency. Supply and demand play a crucial role in determining a currency's exchange rate.
When there is more supply than demand, the price of the currency falls, whereas when there is more demand than supply, the price of the currency rises.
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on january 1, wei company begins the accounting period with a $30,000 credit balance in allowance for doubtful accounts. on february 1, the company determined that $6,800 in customer accounts was uncollectible; specifically, $900 for oakley company and $5,900 for brookes company prepare the journal entry to write off those two accounts. on june 5, the company unexpectedly received a $900 payment on a customer account, oakley company, that had previously been written off in part a. prepare the entries to reinstate the account and record the cash received.
On January 1 debit allowance for doubtful accounts $6,800 and credit accounts receivable $6,800. On June 5 debit cash $900, credit accounts receivable $900 and credit allowance for doubtful accounts $900.
On January 1, Wei Company begins the accounting period with a $30,000 credit balance in Allowance for Doubtful Accounts. On February 1, the company determined that $6,800 in customer accounts was uncollectible; specifically, $900 for Oakley Company and $5,900 for Brookes Company. The journal entry to write off those two accounts is as follows:
Debit Allowance for Doubtful Accounts $6,800 Credit Accounts Receivable $6,800On June 5, the company unexpectedly received a $900 payment on a customer account, Oakley Company, that had previously been written off in Part A. The entries to reinstate the account and record the cash received are as follows:
Debit Cash $900 Credit Accounts Receivable $900 Credit Allowance for Doubtful Accounts $900Learn more about credit: brainly.com/question/13964348
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Question 3 (Mandatory) (1 point) Assume stock xyz has a beta of 1.5 and a residual standard deviation of 30%. The standard deviation of the market-index portfolio is 20%. What would have a greater impact on xyz's variance: an increase of 0.15 in its beta or an increase of 3 percentage points (from 30 to 33%) in its residual standard deviation? the increase in its beta the increase in its standard deviation both would have the same impact O can't be determined without knowing xyz's alpha
The increase in stock XYZ's beta would have a greater impact on its variance than the increase in its residual standard deviation.
Both of the following options would have an impact on XYZ's variance:
The increase in its beta
The increase in its standard deviation
It is a common misconception to assume that only changes in beta have an effect on the stock's variance.
However, since the stock's variance is a combination of systematic and unsystematic risk, the change in the standard deviation of residual risk will have an impact on the stock's variance.
An increase in the standard deviation of 3% would result in an increase in the unsystematic risk component of XYZ's variance, resulting in an overall increase in its variance.
On the other hand, an increase of 0.15 in beta would result in an increase in the systematic risk component of XYZ's variance, resulting in an overall increase in its variance as well.
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using an existing brand to brand a new product in a different category is called ______.
When a company uses one of its established brand names on a new product or new product category, this is referred to as brand extension.
It's also known as brand stretching.
A brand extension strategy is to leverage the company's existing brand equity to help launch its newest product.
A brand extension strategy is one in which a company uses well-known brand names for a new product category or a new product.
The concept behind brand extension is to use the company's existing brand equity for its new product.
The company is reliant on current customer brand loyalty and hopes that customers will be interested in new offerings from the same brand.
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A US consumer products company is considering expanding by directly investing in operations and sales in a foreign country. The company should consider all the external environmental factors below EXCEPT: a) The country's type of government, government policies, and political stability b) Cannibalization of the firm's US sales c) The demographics and household income of the prospect country's consumers d) The country's ranking relative to "ease of doing business" provided by the World Bank
A US consumer products company is considering expanding by directly investing in operations and sales in a foreign country.
The company should consider all the external environmental factors below EXCEPT the cannibalization of the firm's US sales.What is the meaning of cannibalization of sales? The concept of cannibalization refers to a product's decrease in sales volume as a result of the introduction of a new product or service by the same manufacturer or distributor.
When the sale of a new product/service from the same producer or distributor reduces the sale of a current product/service, cannibalization occurs. It frequently happens when a company introduces a new product or service that is similar to or substitutes for an existing product or service.
A US consumer products company must consider a variety of external environmental factors before deciding to invest in a foreign country.
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when your father was born 52 years ago, his grandparents deposited $300 in an account for him. today, that account is worth $20,000. what was the annual rate of return on this account?
As today the account is worth $20,000, the annual rate of return on the account is 5.96%.
To calculate the annual rate of return on the account, we can use the compound interest formula:
A = P(1 + r/n)^(nt)
Where:
A = the ending balance (in this case, $20,000)
P = the principal (in this case, $300)
r = the annual interest rate (what we want to find)
n = the number of times interest is compounded per year (assuming yearly compounding, so n = 1)
t = the number of years (52)
Substituting the values given in the problem, we get:
$20,000 = $300(1 + r/1)^(1*52)
(1 + r)^52 = 66.67
Taking the 52nd root of both sides, we get:
1 + r = 1.0596
r = 0.0596, or 5.96%
Therefore, the annual rate of return on the account is approximately 5.96%.
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Total costs to be accounted for ______.
a. under FIFO will only be different than weighted-average costing when there is ending work-in-process inventory
b. under FIFO costing is always different than total costs to be accounted for under weighted-average costing
c. under FIFO will only be the same as weighted-average when there is no beginning inventory
d. is always the same under both FIFO and weighted-average costing
Total costs to be accounted for Under FIFO will only be different than weighted-average costing when there is ending work-in-process inventory
What is FIFO (First-In-First-Out) costing?
FIFO (First-In-First-Out) costing is a method used to assign the cost of an item or goods to the cost of goods sold or expenses. Under this method, the costs assigned to the goods that were the first to enter the production process are the ones given to the goods sold. FIFO (First-In, First-Out) and Weighted-Average Costing are the two cost methods that businesses use for accounting purposes. Weighted-average costing assigns the same cost to each unit produced regardless of when it was produced.
According to the FIFO cost flow assumption, costs will move out of a department in the order they enter. The cost of units added during the period is added after the cost of opening WIP in the cost of units transferred out as a result of this hypothesis.
Therefore, the correct answer is A.
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The selected cells D2:D26 have conditional formatting rules applied. Apply the Stop if True option to the cell value <10 rule so cells with the top five values will not have the Data Bar rule applied to them.
In order to remove the top five values from the Data Bar rule, the job requests that the "Stop if True" option be applied to the cell value 10 rule in the conditional formatting applied to cells D2:D26.
If a cell value is true, how should conditional formatting be done?The only thing our conditional formatting rule needs to do is search for the text string "YES" and apply formatting when it finds it. Type YES in the Text that Contains dialogue box after using Text that Contains to construct the Rule.
Can you remove all formatting conditions?Click the Conditional Formatting button on the HOME tab, navigate to Clear Rules, then click Clear Rules from Whole Sheet to remove all conditional formatting from the entire worksheet.
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the price of a preferred stock is $42. it pays a dividend of $5. calculate the required return: correct answer 11.9% you answered 8.4% 0.119% 8%
The required return for a preferred stock with price $42 and dividend $5 is 11.9%. Hence, the correct option is A.
Preferred stock are types of stock equity that represents an ownership in a company as well as the right to claim income from the company's operations. Preferred stockholders have a higher claim on distributions (e.g. dividends) than common stockholders.
The required return for a preferred stock is calculated by dividing the dividend by the stock price.
In this case, the stock price of the preferred stock is $42 and dividend paid is $5.
Hence, the required return is calculated as:
Required return = Dividend / Stock Price
Required return = $5 / $42
Required return = 0.119 or 11.9%
Therefore, the required return of the preferred stock is 11.9%. Hence, option A is correct.
Note: The question is incomplete. The complete question probably is: The price of a preferred stock is $42. It pays a dividend of $5. Calculate the required return: A) 11.9% B) 8% C) 0.119% D) 8.4%.
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Suppose Event Photo Services takes photographs at private events with cameras they purchased. They process the photos in a rented space and hire hourly labor to arrange shoots and produce the finished photo packages. They buy advertising services from a marketing company for a flat annual fee.Their fixed costs include
Event Photo Services is a business that takes photos at private events with cameras it has purchased. They process the photographs in a leased space and hire hourly labor to arrange shoots and produce the final photo packages. They purchase advertising services from a marketing company for a fixed annual cost.
In this situation, what are the company's fixed costs? Fixed costs include those costs that do not change as a result of the quantity of production or the level of activity. Fixed costs, regardless of the number of products produced, are unchanging.
The following are the fixed costs of Event Photo Services:
Lease of rented spaceAnnual advertising fees paid to the marketing companyDepreciation expense of the cameras purchasedSalaries of the administrative teamIf the business produces more or less than the planned production level, these costs remain constant.
As a result, they are referred to as "fixed" costs.
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star corporation had net income of $300,000 and paid dividends to common stockholders of $40,000 in 2012. the weighted average number of shares outstanding in 2012 was 50,000 shares. star corporation's common stock is selling for $36 per share on the new york stock exchange. star corporation's price-earnings ratio is question 20 options: a. 5.2 times. b. 6 times. c. 18 times. d. 6.9 times.
option A). Star Corporation had net income of $300,000 and paid dividends to common stockholders of $40,000 in 2012. Star Corporation's common stock is selling for $36 per share on the New York Stock Exchange. Star Corporation's price-earnings ratio is "5.2 times."
The answer is:
To calculate the price-earnings ratio, you need to divide the price per share by the earnings per share.
Earnings per share = (Net Income - Dividends) / Number of Outstanding Shares
= (300,000 - 40,000) / 50,000
= $260,000 / 50,000
= $5.20
Price-earnings ratio = Price per Share / Earnings per Share
= $36 / $5.20
= 5.2 times.
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