The correct answer to this open question is the following.
I am going to consider a rock concert. I am familiar with this event.
This is the logistics needed and the sequence in organizing this particular event.
1.- The promoter contacts the talent agency to negotiate with the band's management.
2.- The promoter has scheduled some dates in a specific venue where it is going to organize the show.
3.- The promoter and the manager negotiates the band fees.
4.- Both sign an agreement.
5.- THe promoter confirms the show with the venue.
6. The promoter order the printing of the tickets.
7.- The promoter double-checks all the permissions and authorizations required by the local government, according to the characteristics of the show.
8.- The promoter notifies the fire department, the police department, the traffic department, and rents medical or emergency services for the day of the show.
8.- The band's manager sents the "rider," the document where the band specifies its catering, backstage, rigging, light, and sound system. This document also includes hotel rooms, ground transportation necessities, and flight tickets.
9.- The promoter starts the marketing and promotion of the show in mass media outlets and social media.
10.- The promoter rents all the equipment needed.
11.- Everything is ready for the day of the show.
If two companies have the same return on equity (ROE), they will also have the same return on assets (ROA).
a. True
b. False
Answer:
False B
Explanation:
I took the test and got it right on FLVS:)
Hope this help's
You own a portfolio equally invested in a risk-free asset and two stocks. If one of the stocks has a beta of 1.27 and the total portfolio is equally as risky as the market, what must the beta be for the other stock in your portfolio
Answer:
the beta be for the other stock in your portfolio is 1.73
Explanation:
The computation of the beta be for the other stock in your portfolio is shown below:
Given that
risk free asset contains the beta of 0
And,
market beta = 1
Now
1 = 1 ÷ 3 × 0 + 1 ÷ 3 × 1.27 + 1 ÷ 3 × beta
The beta of other stock = 1.73
hence, the beta be for the other stock in your portfolio is 1.73
Here we assume that one-third should be invested in all 3 things each
the black shoe company produces its famous madison shoe, which sell for $60m per pair, the operating income for 2020 is as follows: Revenues $300,000 Variable costs $120,000 Fixed costs $108,000
What is the break-even point in units?
name two product with an inelastic demand
Answer:
everything can be found in the picture
Which statement is true of the relationship between risk and return?
O The grear the risk, the greater the potential return.
O The relationship between risk and return varies.
The greater the risk, the lower the potential return.
O The relationship depends on the individual investment.
Answer:
the relationship depends on the individual investment
Answer:
The relationship depends on the individual investment
5. On Anna's SAR, the "Your Financial Aid History Information" section is blank or N/A. Why?
Answer:
Because she doesn't have any outstanding debts.
Explanation:
The financial aid history refers to the outstanding debts that Anna needs to pay. When this history appears blank, without any information, it means that she has already paid off all her debts and no longer has any outstanding loan, with non-payment.
A short-term financial decision based on an MNC management's expectation that the local foreign currency will appreciate may be
Answer:
increasing local accounts receivable and decreasing local accounts payable
Explanation:
In simple words, accounts receivables refers to the amount that the company will receive from its debtors and accounts payable is the amount that the company will pay to its creditors. Thus, if the local currency appreciates , the company will receive a higher amount but will be obligated to pay a lower amount.
Kleen Company acquired patent rights on January 10 of Year 1 for $400,000. The patent has a useful life equal to its legal life of eight years. On January 7 of Year 4, Kleen successfully defended the patent in a lawsuit at a cost of $20,000.
Required:
a. Determine the patent amortization expense for the Year 4 ended December 31.
b. Journalize the adjusting entry on December 31 of Year 4 to recognize the amortization.
Answer:
a. Particulars Amount
Patent cost $400,000
Less: Amortization for 3 years $150,000 ($400,000*3/8)
Book value at the end of year 3 $250,000
Addition during Year 4 $20,000
Total book value $270,000
Patent amortization expense for the Year 4 = Total book value / Remaining life
Patent amortization expense for the Year 4 = $270,000 / 5
Patent amortization expense for the Year 4 = $54,000
b. Adjusting Entry
Date Account titles Debit Credit
Amortization expense $54,000
Patents $54,000
Helppppppp pleaseeee
Answer:
B
Explanation:
I think but i may be wrong
Instead of investing a lump of sum of $25000,Brittany Royer decides to svae the money in a vault for 2years. Assuming the inflation being 2.5%per year,how much will her purchasing power decline in 2years
Answer:
$1265.63
Explanation:
Inflation is a persistent rise in the general price levels
Types of inflation
1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise
2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect
Loss in purchasing value = future value of the amount saved - amount saved
The formula for calculating future value:
FV = P (1 + r)^n
FV = Future value
P = Present value
R = interest rate
N = number of years
$25000 (1.025)² = $26.265.625
Amount lost = $26.265.625 - $25,000 = $1265.63
As we’re well aware, vending machines are used to sell snacks and beverages, whereas newspapers are sold out of a box that allows anyone to take more than one paper. How does the concept of diminishing marginal utility explain the different distribution techniques for newspapers vs. snacks and beverages? Identify two additional examples of an item whose diminishing marginal utility is high. Remember: Marginal utility is the change in total utility that results from a one-unit increase in the quantity of a good consumed; diminishing marginal utility is the general tendency for marginal utility to decrease as the quantity of a good consumed increases.
Answer:
Because people do not need a second newspaper, it will not bring any more information to their lives, rather than a second soda can or snack.
Explanation:
The law of diminishing marginal utility states that there are some products or services to which an increase in the consumption will not bring the same utility for the user as the right amount, for example, if you eat a slice of pizza, it will bring certain benefit, you'll be less hungry but if you eat 7 slices of pizza at some point you'll no longer be hungry and it will rather make you sick, in this case vending machines have a higher marginal utility, a person could drink 3 or 4 drinks or take 4 or 5 snacks before it makes them feel sick, whilst a person that buys a person buying a newspaper won't need a second one, even if it is for his/her family, a 5 people house has enough newspaper by taking 1 copy of it.
Other examples of this can be a vacuum cleaner, you don't need a second one if you already have one, or a house buying a second house ain't as necessary as the first one.
If a company is going to use this method of dealing with surplus employees effectively, it must protect the bottom line and the corporate brand, pay attention to survivors, and identify the work that is core to sustaining a profitable business.
a. Attrition
b. Downsizing
c. Voluntary separation
d. Reducing compensation
Answer: Downsizing
Explanation:
Downsizing refers to the permanent reduction in the labor force of a company. Downsizing is common in organizations as it is associated with failing businesses and economic downturns.
Since the company is going to downsize, it must protect the bottom line and the corporate brand, and pay attention to survivors. The brand of the company should be protected as he downsizing might generate bad news hence it should be protected.
Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for sale during the calendar year:
Jan. 1 Inventory 4,000 units at $40
Apr. 19 Sale 2,500 units
June 30 Purchase 4,500 units at $44
Sept. 2 Sale 5,000 units
Nov. 15 Purchase 2,000 units at $46
Required:
The firm uses the weighted average cost method with a perpetual inventory system. Determine the cost of goods sold for each sale and the inventory balance after each sale.
Answer:
Cost of goods sold:
Apr. 19 = $100,000
Sept. 2 = $215,000
Inventory Balance on:
Apr. 19 = $60,000
Sept. 2 = $43,000
Explanation:
a) Data and Calculations:
Date Description Units Unit Price Inventory Cost of Sales
Jan. 1 Inventory 4,000 $40 $160,000
Apr. 19 Sale 2,500 $40 $60,000 $100,000
June 30 Purchase 4,500 $44 $258,000 ($44 * 4,500 + $60,000)
Sept. 2 Sale 5,000 $43 $43,000 $215,000
Nov. 15 Purchase 2,000 $46 $135,000 ($46 * 2,000 + $43,000)
ways an entrepreneur can attain objectives of being self employed
Answer:
An entrepreneur can achieve his objectives of being self employed in the following ways.
1 Works Hard. ...
2 When he/she is Energetic. ...
3 Wants Financial Success. ...
4 Has Family Support:
5 Takes Risks: ...
6 Sacrifices Employment Benefits: ...
7 Has a Need to Achieve: ...
8 Has Business Experience:
A simulation model is used to test the impact of the number of sample customers at a supermarket. As the model is run the decision maker watches the average number of customers in the store rapidly increase from zero until it levels off and holds a constant value. The simulation model is:_________ a. not valid due to the lack of change. b. in steady state c. not valid due to the fluctuation in the statistics. d. a random variable.
Answer:
b. in steady state
Explanation:
As we know that the simulation model should be applied at the time when the number of samples with respect to the customers should be tested. Also it considered for the decision making purpose that shows the average no of customers that instantly increased from the 0 unit in the case when the level is off and also hold the same value. So here the simulation model should be considered as in the steady rate
Therefore the option b is correct
A high-tech computer company reported the following information in a recent annual report (all dollar amounts are expressed in millions): Net revenue $49,205 Cost of Goods Sold $40,190 Production materials on-hand $228 Work-in-process and finished goods on-hand $231 What is the current value of weeks of supply
Answer:
See below
Explanation:
With regards to the above information, current value of the week of supply is calculated as shown below;
The week of supply Informs the manager how long the current on hand varies
= $228 ÷ $231
= 0.99 weeks
Which of the following is the best definition of transferable skills?
Answer:
Skills that you may have learned in one context that you can take with you to many other contexts and industries.
Explanation:
Considering the available options, the best definition of transferable skills is "Skills that you may have learned in one context that you can take with you to many other contexts and industries."
This is based on the fact that transferable skills are skills and talents or proficiency that are considered suitable and valuable across different situational roles, including social context, and professional context. Good examples are creativity, leadership, and time management.
Agee Technology, Inc., issued 9% bonds, dated January 1, with a face amount of $1,840 million on July 1, 2021, at a price of $1,810 million. For bonds of similar risk and maturity, the market yield is 10%. Interest is paid semi-annually on June 30 and December 31.
Prepare the journal entry to record interest at the effective interest rate at December 31. What would be the amount(s) related to the bonds that Agee would report in its statement of cash flows for the year ended December 31, 2018, if it uses the direct method?
Answer:
Part 1
Journal entry to record interest at the effective interest rate at December 31.
Debit : Interest expense $181.45
Credit : Bond Payable $181.45
Part 2
the amount(s) related to the bonds that would be recorded in statement of cash flows
Cash flow from Operating Activities - Interest expense $181.45
Cash flow from Financing Activities - Repayment of Bond $18.55
Explanation:
The bond amortization table is the only tool that can supply us with further information about the Bond Interest, Bond Capital Repayment and Balance after Installment.
We can simply construct an amortization by entering the following data in the financial calculator,
FV = $1,840 million
PV = - $1,810 million
PMT = ($1,810 million x 9%) ÷ 2 = $81.45
I/YR = 10 %
P/YR = 2
N = 3.14
then, SHIFT Amort gives,
Bond Amortization table (extract)
Date Principle Interest Balance
December 31, 2018 $18.55 $181.45 $1.828
Examine a product that has recently changed prices when you were at the grocery store in the past week. Analyze one determinant of supply and demand that has created the price to increase or decrease in your example. How did the change in demand or supply affect the market price in your example
Answer:
In the store the bread seemed to have a higher demand this week. When we went monday the shelfs were full of bread and the bread was 3.75 and when we went saturday it was 3.99. I think because it was in higher demand the bread went uo in cost so they wouldn't sell out.
Sam and Sally Green have a standard homeowners policy with no endorsements. The dwelling is insured for its full value. Indicate whether or not each of the following losses is covered and under what coverage. Specify why each loss is covered or not covered.
a. The Green's valuable dog is stolen from their back yard.
b. Sally takes off her wedding ring in a public restroom to wash her hands. She accidentally leaves the ring behind.
c. While the Green's are vacationing in Europe, their hotel room is robbed. The thief gets away with jewels and cash.
d. While practicing his chip shot in the yard, Sam accidentally sends a golf ball crashing through the dining room window.
Answer:
a. Not covered
b. Not covered
c. Covered
d. Covered
Explanation:
Sam and Sally have standard homeowner policy. There are no endorsements to the policy. The standard policy will cover the house damage due to accident or some other reasons unintentionally. When dog is stolen this is not covered in the policy as there is no endorsement for the dog security insurance in the policy. Sally has left her ring due to her carelessness and thus this is also not covered in the policy. When Sam accidentally breaks dining room window this will be covered in the basic policy.
How do you identify the need for the meeting?
how to calculate current ratios
Answer:
Current ratios = [tex]\frac{Current Assets}{Current Liabilities}[/tex]
g Privett Company Accounts payable $33,411 Accounts receivable 66,433 Accrued liabilities 6,512 Cash 22,494 Intangible assets 37,191 Inventory 89,982 Long-term investments 110,819 Long-term liabilities 75,872 Marketable securities 34,976 Notes payable (short-term) 29,393 Property, plant, and equipment 671,232 Prepaid expenses 1,809 Based on the data for Privett Company, what is the quick ratio, rounded to one decimal point
Answer:
1.79
Explanation:
Quick ratio = (Current assets - Inventory - Prepaid expenses) / Current liabilities
Quick ratio = (Account Receivable + Cash + Marketable securities) / (Account Payable + Accrued liabilities + Notes payable)
Quick ratio = (66,433 + 22,494 + 34,976) / (33,411 + 6,512 + 29,393)
Quick ratio = $123,903 / $69,316
Quick ratio = 1.78751
Quick ratio = 1.79
Upper Darby Park Department is considering a new capital investment. The following information is available on the investment. The cost of the machine will be $150,000. The annual cost savings if the new machine is acquired will be $40,000. The machine will have a 5-year life, at which time the terminal disposal value is expected to be $20,000. Upper Darby Park Department is assuming no tax consequences. If Upper Darby Park Department has a cost of capital of 10%, which of the following is closest to the net present value of the project?
a. $1,632
b. $12,418
C. $14,060
d. $150,000
Answer:
c.$14,060
Explanation:
I hope my answer is correct
The Federal Arbitration Act (FAA) allows for arbitration clauses in employment contracts. False True
Answer:
True
Explanation:
It is TRUE that the Federal Arbitration Act (FAA) allows for arbitration clauses in employment contracts.
The above statement is echoed in the Epic Systems Corp. v. Lewis on May 21, 2018, where the Supreme Court gave its ruling that the FAA is totally enforceable in the individual arbitration agreements contracts.
Similarly, in the case of American Express Co. v. Italian Colors Restaurant, the court ruled that necessary arbitration clauses are legal.
A small firm builds television antennas. The investment in plan and equipment is $200,000. The variable cost per television antenna is $500. The price of the television antenna is $1000. How many television antennas would be needed for the firm to break even
Answer:
Break-even quantity is 400 units.
Explanation:
Below is the calculation for the number of television antennas:
At break-even, the firm's total revenue is equal to the total cost.
Cost of investment (fixed cost) = $200000
Variable cost = $500
Pirce of television antenna = $1000
At break-even, TR = TC
(P x Q) = (TFC + TVC)
1000Q = 200000 + 500Q
10000Q-500Q = 200000
500Q = 200000
Q = 200000 / 500
Q = 400 units
Thus break-even quantity is 400 units.
Prepare journal entries to record each of the following four separate issuances of stock.
a. A corporation issued 3,000 shares of $10 par value common stock for $36,000 cash.
b. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $23,000. The stock has a $2 per share stated value.
c. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $23,000. The stock has no stated value.
d. A corporation issued 750 shares of $75 par value preferred stock for $79,250 cash.
Answer:
Transaction a
Debit : Cash $36,000
Credit : Common Stock (3,000 x $10) $30,000
Credit : Common Stock - Paid in excess of par $6,000
Transaction b
Debit : Cash $23,000
Credit : Common Stock $23,000
Transaction c
Debit : Cash $23,000
Credit : Common Stock $23,000
Transaction d
Debit : Cash $79,250
Credit : Preferred Stock (750 x $75) $56,250
Credit : Preferred Stock - Paid in excess of par $23,000
Explanation:
The journal entries to record each of the following four separate issuances of stock have been prepared above.
Step 1 : Distinguish if Stock has par value or not
For par value stock, any amount paid in excess of par value is places in a reserve - Paid in Excess of Par on issuance.
For non par value stocks, we value stocks at market price of item exchanged
Step 2 : Recording
On Issuance, Cash is increasing so we debit Cash Account. The Stock Account as well as the Reserve - Paid in Excess (if applicable) both increases on the credit side, so that will be a Credit entry
What is the catch‑up effect concerning developed and developing countries? Developing countries never can catch up to developed countries. may grow faster than developed countries because they lack the most basic tools and capital investment leads to higher productivity growth. have greater productivity per unit of capital because they are better at developing new technologies. Developing countries have lower productivity per unit of capital because they are better at developing new technology.
Answer:
Developing countries may grow faster than developed countries because they lack the most basic tools and capital investment leads to higher productivity growth.
Explanation:
The catch‑up effect concerning developed and developing countries is that "Developing countries may grow faster than developed countries because they lack the most basic tools and capital investment leads to higher productivity growth."
This is based on the theory that the law of diminishing marginal returns will at some point occurred to the rate or level of investment at the national level, thereby leading to a slow-down effect on growth rates as the economy of a country matures.
actor Co. can produce a unit of product for the following costs: Direct material $ 8.60 Direct labor 24.60 Overhead 43.00 Total product cost per unit $ 76.20 An outside supplier offers to provide Factor with all the units it needs at $48.40 per unit. If Factor buys from the supplier, the company will still incur 60% of its overhead. Factor should choose to:
Answer:
Relevant cost to make = Direct materials + Direct labor + Variable overhead
Relevant cost to make = $8.60 + $24.60 + $43.00 (1-60%)
Relevant cost to make = $8.60 + $24.60 + $17.20
Relevant cost to make = $50.40
Outside supplier cost ($48.40) < Relevant cost to make ($50.40). So, Factor should choose to buy because the relevent cost is less than outside supplier cost.
how does Samsung share its knowledge within the Samsung organization,
Answer:
Samsung has developed several programs within the organization with the core objective of increasing employees' creativity. One of these programs corresponds to an incentive to register patents, supported by a management system that allows the sharing of knowledge among collaborators. The company also encourages brainstorming, which motivates employees to collaborate with creative and innovative ideas for the organization.
Samsung's strategy is to focus its culture on producing creativity and employee motivation through valuing work and personal satisfaction, as with the company's incentives to promote innovation through community contribution and knowledge sharing, employees feel more valued, motivated and consequently more productive.
Answer:
Samsung's strategy is to focus its culture on producing creativity and employee motivation through valuing work and personal satisfaction, as with the company's incentives to promote innovation through community contribution and knowledge sharing, employees feel more valued, motivated and consequently more productive.
Explanation:
