Cloud computing is based on a Client-Server model. Cloud computing is a highly accessible service that utilizes centralized resources. Cloud computing is a pay-as-you-go model, which implies that customers pay for the service they get.
The second one, is a distributed computer model known as Grid Computing. Users in grid computing do not have to pay for the usage of resources in a collaborative manner.
Examples of differences between the two:Cloud computing is a client-server computing architecture, while Cloud Computing is a distributed computing architecture.Cloud computing is a centralized executive, while Grid Computing is a decentralized executive.In Cloud Computing, resources are used in centralized pattern. While in Grid Computing, resources are used in collaborative, shared pattern.Cloud Computing is more flexible than Grid ComputingIn Cloud Computing, the users pay for the use. Vice versa that is not the case.Cloud Computing is a high accessible service, while Grid Computing is a low accessible service.Cloud Computing can be accessed through standard web protocols, white Grid Computing is accessible through grid middleware.A(n) select an option standard is expressed as a unit amount while a(n) select an option budget is expressed as a total amount.
A budget expresses a total amount while a standard expresses a unit amount.
A budget refers to the total projected revenues, costs, or expenses. A standard refers to the projected amount per unit of product or per unit of input or per unit of output.
The difference between a standard and a budget is that a budget expresses a total amount while a standard expresses a unit amount.
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How does the opportunity cost principle explain the relationship between the real interest rate and investment spending?
As the interest rate rises,
the more spending businesses want to do.
the less attractive it is to leave money in the bank instead of spending on investments.
the more attractive it is to leave money in the bank instead of spending on investments.
it has no effect on investment spending. If firms need to expand, they will invest regardless of the interest rate.
b. The investment line is
because of the relationship between real interest rates and investment
spending
perfectly elastic
vertical
upward-sloping
downward-sloping
The opportunity cost illustrates the relationship that exists between them because as the interest rate rises, the more attractive it is to leave money in the bank instead of spending on investments.
The investment line is downward sloping because of the relationship between real interest rates and investment spending.
Opportunity cost simply means what one foregoes in order to get something else. It should be noted that when there's an increase in the interest rate, this will lead, the cost of borrowing will be high. Therefore, there'll be a reduction in investment.
Therefore, there's a negative relationship between interest rate and investment spending. This then leads to a downward-sloping curve.
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Schweigert Paint Company, which prepares annual financial statements, is preparing adjusting entries on December 31. Analysis indicates the following:
(1.) The company is the defendant in an employee discrimination lawsuit involving $50,000 of damages. Legal counsel believes it is unlikely that the company will have to pay any damages.
(2.) December 31st is a Friday. The employees of the company have been paid on Monday, December 27th for the previous week which ended on Friday, December 24th. The company employs 30 people who earn $100 per day and 15 people who earn $160 per day. All employees work 5-day weeks.
(3.) The company is a defendant in a $500,000 product liability lawsuit. Legal counsel believes the company probably will have to pay the amount requested.
Prepare any adjusting entries necessary at the end of the year.
The Adjusting Journal Entries that Schweigert Paint Company will make in its records include the following:
Adjusting Journal Entries on December 31:
1. No Journal Entry Required
2. Debit Wages Expense $27,000
Credit Wages Payable $27,000
To accrue unpaid wages for one week to December 31.3. Debit Product Liability Expenses $500,000
Credit Product Liability Payable $500,000
To record the product liability expense.Data Analysis:
1. No Journal Entry Required
2. Wages Expense $27,000 Wages Payable $27,000. ($100 x 30 x 5) + ($160 x 15 x 5)
3. Product Liability Expenses $500,000 Product Liability Payable $500,000
Thus, the adjusting entries as of December 31 do not include transaction 1.
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When reporting inventory using the lower of cost or market method, market should not be more than: Multiple Choice Replacement cost. Net realizable value. Selling price. Net realizable value less a normal profit margin.
Considering the accounting principle, when reporting inventory using the lower cost or market method, the market should not be more than "Net realizable value less a normal profit margin."
This is because the lower cost or market method is a method that emphasizes that during the inventory measurement, inventory should be documented on the balance sheet using their historical price or the market value, that is, the value of the inventory when purchased.
This implies that the replacement cost of inventory cannot be lower than net realizable value, less a normal profit margin.
Hence, in this case, it is concluded that the correct answer is option D. "Net realizable value less a normal profit margin."
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Chase Company owns 80% of Lawrence Company and 40% of Ross Company. Lawrence Company also owns 30% of Ross Company. Separate operating incomes for 2011 of Chase, Lawrence, and Ross are $450,000, $300,000, and $250,000, respectively. Each company also retains a $20,000 unrealized gain in their current income figures. Annual amortization expense of $15,000 is assigned to Chase's investment in Lawrence and another $15,000 is assigned to Lawrence's investment in Ross. Compute the noncontrolling interest in Ross' net income for 2011. $92,000. $77,400. $75,000. $64,500. $69,000.
The non-controlling interest in Ross Company's 2011 net income is A. $92,000.
Data and Calculations:
Chase Company's shareholding in Lawrence Company = 80%
Chase Company's shareholding in Ross Company = 40%
Lawrence Company's shareholding in Ross Company = 30%
Chase Lawrence Rose
Operating incomes for 2011 $450,000 $300,000 $250,000
Unrealized gain 20,000 20,000 20,000
Annual amortization expense 15,000 (15,000)
Therefore, Chase Company's shareholding in Ross Company = 64% (40% + 80% x 30%).
And Ross' non-controlling interest = 36% (100% - 64%)
= $92,000 ($250,000 + $20,000 - $15,000) x 36%
Thus, the non-controlling interest in Ross Company's 2011 net income is A. $92,000.
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Why do businesses compete in free enterprise system?
Answer:
Businesses in free enterprise systems compete with each other to produce better products at better prices. Competition leads to innovation, new ideas and a more competitive market. Competiting allows businesses to control themselves and their ideas in an efficent manner.
However, competition in the free enterprise systmem leads to lower wages and income. It leads to the best product at the lowest price. It leads to a variety of products available to the consumer.
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Lolita’s team meets every Tuesday morning. Lolita always brings doughnuts to these meetings, and she always starts the meeting by asking who’s had a big success that week, which encourages participation. Lolita’s habitual actions were developed during the ____________________ stage of team development.
a. storming
b. preforming
c. forming
d. norming
Answer:
d. norming
Explanation:
Lolita’s team meets every Tuesday morning. Lolita always brings doughnuts to these meetings, and she always starts the meeting by asking who’s had a big success that week, which encourages participation. Lolita’s habitual actions were developed during the _______norming______ stage of team development.
Answer:
Lolita's habitual actions were developed during the norming stage of team development.
Explanation:
d. norming
Serena and Venus are sisters. Venus sold stock to Serena for $5,000, its fair market value. The stock cost Venus $10,000 five years ago. Also, Venus sold Carol (an unrelated party) stock for $2,000 that cost $10,000 three years ago. What is Venus' recognized loss before the $3,000 capital loss limitation?
Based on the information given the Venus' recognized loss before the $3,000 capital loss limitation is $8,000.
Using this formula
Recognized loss=Stock cost-Selling price
Where:
Stock cost=$10,000
Selling price=$2,000
Let plug in the formula
Recognized cost=$10,000-$2,000
Recognized cost=$8,000
Inconclusion the Venus' recognized loss before the $3,000 capital loss limitation is $8,000.
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If oligopoly firms decide to work together, either formally or informally, and honor the agreement then profits can be ________ by ________ output and ________ the price of goods and services. maximized; increasing; increasing maximized; increasing; increasing maximized; reducing; increasing maximized; reducing; increasing minimized; reducing; increasing
If the oligopoly firms decide to work together and honor the agreement, then, profits can be maximized by reducing output and the increasing price of goods and services.
The market of oligopoly firm is one that consists of small number of firms that have substantial influence in the particular industry.
Some oligopoly market include auto industry, air travel industry etc
Either formally or informally, If the oligopoly firms decide to work together and honor the agreement, then, profits can be maximized by reducing output and the increasing price of goods and services.
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A(n) ________ is a coherent set of interdependent processes and structures that dictates how the company searches for novel problems and solutions, synthesizes ideas into a business concept and product designs, and selects which projects get funded. innovation system organizational development human resource inventory organizational behavior
Based on business analysis, an innovation system is a coherent set of interdependent processes and structures that dictates how the company searches for novel problems and solutions.
Innovative systems generally synthesize ideas into a business concept and product designs and select which projects get funded.
Innovation system usually involves significant components such as the following:
Information, TechnologyPeople, Enterprises, InstitutionsInnovation system. Generally used to facilitate and assist innovation to the success stage.
Hence, in this case, it is concluded that the correct answer is "innovation systems."
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Your brother rarely filters his observations and often makes insensitive comments that
offend others. What skill does he need to work on?
ed
a. Code-switching
b. Self-monitoring
c. Multimodality
d. Circumscribing
Considering the situation described above, my brother needs to work on Self-Monitoring.
This is because Self-Monitoring is a term often used in sociology to describe the ability to is a personality trait that involves monitoring and regulating personal presentations, emotions, and attitudes towards his social environments and situations.
By mastering the habit of Self-Monitoring, my brother would be aware of his words, behaviors, and emotions towards its effects on the people around him.
Hence, in this case, it is concluded that the correct answer is "Self-Monitoring."
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Why are professional associations interested in keeping professional standards high?
A few dishonest professionals can hurt the entire profession.
B. They can charge more for higher standards.
C. Professional associations get paid based on customer reviews.
D. Professional associations are forced by law to keep standards high.
Answer:
A few dishonest professionals can hurt the entire profession.
In the context of the common mistakes made during succession planning, the provisions of the _____ require boards to increase the priority of CEO succession.
Firms often have different ways of appointing successors. In the context of the common mistakes, the provisions of the Sarbanes-Oxley Act require boards to increase the priority of CEO succession.
The Sarbanes-Oxley Act provisions is known to input more demands that boards do in CEO succession planning.The Sarbanes–Oxley Act of 2002 is a common United States federal law that gives power for some specific practices in financial record keeping and reporting for corporations.
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In the long run, a. inputs that were fixed in the short run remain fixed. b. variable inputs are rarely used. c. inputs that were fixed in the short run become variable. d. inputs that were variable in the short run become fixed.
Eventually in the long run in a firm, the inputs that were fixed in the short run become variable.
In a firm production, the factor of production including (land, capital entrepreneurship) are fixed in short run whereas, only labor factor is variable in the period.
But when the firm is in long run, all factors of production and costs are already variable.Hence, the Option C is correct because in the long run in a firm, the inputs that were fixed in the short run become variable.
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Jay, a divisional vice president of a consumer goods manufacturer, gives a presentation to all divisional employees to outline the company’s goals for the coming year. This is an example of what type of organizational communication?
✔ a. Downward communication
b. Grapevine communication
c. Lateral communication
d. Upward communication
e. Virtual communication
Answer:
downward communication
Abardeen Corporation borrowed $113,000 from the bank on October 1, Year 1. The note had an 10 percent annual rate of interest and matured on March 31, Year 2. Interest and principal were paid in cash on the maturity date. Required a. What amount of cash did Abardeen pay for interest in Year 1
a. The cash that Abardeen pay for interest in Year 1 is $0.
b. Interest expense that was recognized is $2,825.
c The Total liabilities was reported is $115,825.
d. The amount of cash was paid to the bank is $118,650.
e. The amount of interest expense was reported is $2,825.
a. The amount of cash that Abardeen pay for interest in Year 1 is $0 reason being that the interest matured on March 31, 2017.
b. Interest expense:
Interest expense=($113,000 x 10% x 3 months /12)
Interest expense=$2,825
c. Total liabilities
Total liabilities= $113,000 + $2,825
Total liabilities = $115,825
d. Cash that was paid to the bank on March 31, 2017:
Cash= $113,000 Principal + ($113,000 × 10% × 6/12)] Interest
Cash= $113,000 Principal +$5,650 interest
Cash= $118,650
e. Interest expense reported on the 2017 income statement:
Interest expense=$113,000 × 10% ×3/12
Interest expense=$2,825
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Acme Widget, Inc. has 1,000 shareholders who own a total of two million shares of its common stock. The company earned $20 million after taxes and paid out $8 million in dividends. The company has assets of $250 million and liabilities of $50 million. What is the book value per share
Acme Widget, Inc. has a book value per share of $100.
Data and Calculations:
Number of shareholders = 1,000
Total number of common stock shares = 2,000,000 shares
Earnings after tax = $20 million
Dividends paid = $8 million
Assets = $250 million
Liabilities = $50 million
Equity = $200 million ($250 million - $50 million)
Book value per share = $100 ($200,000,000/2,000,000)
Thus, Acme Widget's book value per share is $100.
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Use your knowledge of management communications to select the three missing labels from the following image.
WORD BANK
Strategic Conversations
Methods
Purpose-Directed
Answer:
A. Purpose-directed: The communication conducted by the manager must be aligned with the culture and value system of the organization
I'm sure about this one but others I have not idea so far If I get it I'll upload then.
The phrase “communication management” refers broadly to the exchange of information between different businesses or inside one business. It focuses on achieving a company's target audiences through the development and execution of various communication strategies.
What use of knowledge of management communications?Communication is crucial for self-expression. Additionally, it meets one's necessities. Effective communication is necessary for career advancement. Effective communication skills can make your personal life easier and improve your interactions with others by facilitating mutual understanding.
We mostly communicate verbally, nonverbally, in writing, and visually on a daily basis. It's best to actively listen, observe, and empathize when using any of these communication techniques.
Therefore, A Purpose directed, B Strategic Conversations C Methods.
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Bramble University sells 3,500 season basketball tickets at $80 each for its 10-game home schedule. Bramble considers revenue to be earned proportionately as each game is played, regardless of how many ticket-holders attend the game. For the journal entries below, use the following account abbreviations: REV
If Bramble earned proportionately as each game is played, the appropriate journal entry are:
Based on the information given if the university sells 3,500 season basketball tickets at $80 each game, the appropriate journal entry to record the transaction is:
Bramble University journal entry
Debit Cash $280,000
Credit Unearned ticket revenue $280,000
(3,500 x $80 =$280,000)
(To record sales of ticket)
Debit Unearned ticket revenue $28,000
Credit Ticket revenue $28,000
(3,500 x $80)/10=$28,000)
(To record revenue recognized)
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A retirement account in which investments are not tax-deferred but can be
withdrawn tax-free is called a
A. 401(k)
B. Roth IRA
O C. SEP IRA
O D. traditional IRA
Answer:
Roth IRA
Explanation:
A Roth IRA is a form of a retirement plan that does not permit assets to grow tax-deferred but permits tax-free withdrawals. Therefore, the correct answer is option b. Roth IRA.
With its tax-free growth and withdrawals, increased flexibility, and potential for higher profits, a Roth IRA is an effective tool for retirement savings. A Roth IRA's tax-free growth and withdrawals are one of its main advantages, which can be a big plus for investors who anticipate being in a higher tax band in retirement.
Investors have more freedom and control over their retirement funds because Roth IRAs do not have mandatory minimum withdrawals. They are free to keep their funds in the account indefinitely.
The fact that Roth IRAs do not have the same income restrictions as standard IRAs is another benefit of them. This makes Roth IRAs an appealing alternative for high-earners who might not be qualified for other types of retirement accounts because investors can contribute to one regardless of their income level.
Therefore, the correct answer is option b. Roth IRA.
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Nonverbal communication sends powerful messages through body language and facial expressions. This set of questions covers nonverbal behavior as it is typically expressed in U.S. business culture. Your country or culture may use different styles of nonverbal communication.
When a person meets a group of people for the first time, he or she pays more attention to:
a. Body language, the sounds of conversation (angry, happy, animated, and so forth), and people’s expressions
b. The words that people say when they introduce themselves
Answer:
a. Body language, the sounds of conversation (angry, happy, animated, and so forth), and people’s expressions
Explanation:
Studies show that people place far more emphasis on nonverbal cues than on verbal cues when interpreting messages. Thus, whenever people interact face to face, they are more likely to pay attention to nonverbal cues, such as vocal tones and gestures.
A major advantage of the corporate form of ownership is ______. Multiple choice question. unlimited legal liability ease of formation limited life limited legal liability that corporate earnings aren't taxed until they are distributed to owners as dividends
The major advantage of the corporate form of ownership is limited legal liability which means that the owner is limited to liability up to the tune of the amount that he invested in the company.
The corporate form of ownership means a business/organization that is operating as a legal entity, that is, it is run separate from the parties who own it.
In other word, the corporation which operates as legal entity is created for purpose of operating for profit for individuals, stockholders, shareholders etc
Some advantages of corporation includes
Owners has limited liability.The easy transfer of ownership.The corporations usually lasts forever.In conclusion, the major advantage of the corporate form of ownership is limited legal liability which means that the owner is limited to liability up to the tune of the amount that he invested in the company.
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A manufacturer paid total factory payroll of $200,000 in cash. The journal entry for this transaction includes a:
Based on the information given the journal entry for this transaction includes a: Debit Factory Wages Payable $200,000; Credit Cash $200,000.
Based on the given details the we were told that total factory payroll of the amount of $200,000 was paid by cash by the manufacturer.
Hence:
The appropriate journal entry to record this transaction is:
Debit Factory Wages Payable $200,000
Credit Cash $200,000
(To record factory wages payable)
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your salary is $50,000 income tax rate is 21% on the first $35,000 and 23% on the rest of your income what is the total amount of tax that you owe A.$10,500 B. $10,770 C. $10,800 D.$11,500
Answer:
C
Explanation:
35000 = 100%
35000×0.21 = 21% = $7350
50000 - 35000 = 15000 = 100%
15000×0.23 = 23% = $3450
so, in total, I pay
7350 + 3450 = $10,800
a wifi router has a mtbf of 10 months. What is the availability if the mttr is 12 hours and the number of days in a month is 30 ?
Answer:
40
Explanation:
Answer:
MTBF = 30 days = 30 * 24 = 720 hour. MTTR = 12 hour. i.e. A = 720 / (720 + 12) = 0.9836 = 98.36%
Bada bing, Bada
Splash World Pool Supplies wants its salespeople to call on pool wholesalers five times per year and to spend two hours on each sales call. Every salesperson works a 40-hour week and takes off two weeks for vacation each year. A salesperson must spend half of the time on travel and administration. Approximately how many salespeople does Splash World need to service 1,000 accounts
Approximately how many salespeople does Splash World need to service 1,000 accounts is 10.
First step is to calculate the selling time using this formula
Selling time=Number of customers ×Sales calls per year× Hours per sales call
Let plug in the formula
Selling time=1000 × 5 ×2 hours
Selling time= 10,000 hours
Second step is to determine the number of hours they used to sell
Hours to sell= (40 hours per week× 50 weeks)×1/2
Hours to sell = 2000 hours per year×1/2
Hours to sell= 1000 hours per year
Third step is to determine how many salespeople does Splash World need to service 1000 accounts
Number of salespeople=10,000 hours /1000 hours per year
Number of salespeople=10
Inconclusion approximately how many salespeople does Splash World need to service 1,000 accounts is 10.
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DaaS is utilized for provisioning critical data on demand.
a printed order for payment of a specified sum,facilitaded by the bank ir post office
An investor holding a short position in a maturing futures contract may:
Answer:
Take delivery of the underlying asset from the holder of the long position.
1. Describe the various advantages that firms such as Tata employ to become large industrial conglomerates.
Answer:
Company
Explanation: