Answer:
The Internal environment forces
Explanation:
The internal environment forces are the factors within the organization that directly impact on the daily operational activities of an organization.
Looking at the situation of Forrest as described in the scenario , we can see that the major changes that it will introduce by migrating to a purely e business like using few people, reduced administrative and operating expenses , 24 hours ordering are majorly internal activities , which will address the areas that could have been hindering its efficiency in the previous business activities.
The manufacturer of a certain engine treatment claims that if you add their product to your engine, it will be protected from excessive wear. An infomercial claims that a woman drove 6 hours without oil, thanks to the engine treatment. A magazine tested engines in which they added the treatment to the motor oil, ran the engines, drained the oil, and then determined the time until the engines seized. Complete parts (a) and (b) below. (a) Determine the null and alternative hypotheses that the magazine will test. Upper H 0: mu equals 6 Upper H 1: mu less than 6 (b) Both engines took exactly 11 minutes to seize. What conclusion might the magazine make based on this evidence? A. The infomercial's claim is not true. B. The infomercial's claim is true.
Answer: (a)Null hypothesis: [tex]H_0:\mu=6[/tex]
Alternative hypothesis: [tex]H_a:\mu<6[/tex]
(b) Conclusion: A. The infomercial's claim is not true.
Explanation:
Let [tex]\mu[/tex] be the mean number of hours drove without oil .
(a) Since the woman drove 6 hours without oil because of the engine treatment.
We expect that this is too high to drive without oil
So, the hypothesis in this case would be
Null hypothesis: [tex]H_0:\mu=6[/tex]
Alternative hypothesis: [tex]H_a:\mu<6[/tex]
(b) 11 minutes is much lower than 6 hours.
That means it supports the alternative hypothesis.
Conclusion: A. The infomercial's claim is not true.
There are many restaurants in the city of Charleston, South Carolina, each one offering food and services that differ from those of its competitors. There is also relatively free entry of sellers into the market, and each seller serves a very small fraction of the total number of meals served each day. The restaurant industry in Charleston is best categorized as:
Answer: monopolistically competitve
Explanation:
Monopolistic competition is an industry whereby there are many firms that offer identical products or services but it should be noted that they are not perfect substitutes.
There is a low barriers to entry and exit and other competitors aren't directly affect by the decision of another producer. Based on the above scenario, the restaurant industry in Charleston is best categorized as monopostically competitive.
Janis owns and operates a store in a country experiencing a high rate of inflation. In order to prevent the value of money in her cash register from falling too quickly, Janis sends an employee to the bank four times per day to make deposits in a interest-bearing account that protects the store's revenues from the effects of inflation.(a) This is an example of the:i. menu costsii. unit of account costsiii. shoe leather costs of inflation.(b) Explain briefly the nature of the costs imposed.
Answer:
shoe leather costs
Explanation:
The shoe-leather cost is the cost that deals in time and effort which people spent against the inflation effect i.e reduction in inflation like less cash held so that it would make extra trips to the bank
Also if the inflation of the economy rises so the consumer spending would be less as it directly affects the purchasing power of the customer
So the time and cost effort spent is known as shoe leather cost
what can you tell me about google's product cycle pricing strategies ?
Answer:
The value-based pricing strategy determines prices based on customers' perceived value of the product. In Google's marketing mix, the value-based pricing strategy is used for its AdWords online advertising service, where advertisers could place bids based on their perceptions of the importance of these advertisements.This method establishes pricing depending on the preferences of clients.
Explanation:
The value-based pricing method bases charges on the financial importance of the product by customers.
Learn more:
https://brainly.com/question/19987911?referrer=searchResults
Eight years ago you purchased an asset for $100,000 that has yielded a nominal capital gain of $30,000. If you sold the asset today, your inflation-adjusted capital gains would be zero due to inflation over the last eight years. The capital gains tax is 28 percent. If you sold the asset today your tax liability would be
Answer: $8,400
Explanation:
Tax liability for a year is computed on the nominal capital gain as of that year not the inflation-adjusted gain. As such, should the asset be sold today, the capital gains tax of 28% will be computed on the capital gain of $30,000 in the following manner;
= 28% * 30,000
= $8,400
Susan is a new management trainee at Barney's Bats, Inc. She has just graduated with her bachelor's degree in management and is anxious to use her education. She has been at work several days and has some questions about how the organization is managed and how the principles of organization structure are used in the company. She believes there is too much specialization and that the span of control in the company is not optimal. Susan is looking for a long-term career with this company. Where can she look to view possible career paths with this company?
Answer: The organization chart
Explanation:
Based on the scenario that have been analysed in the question, Susan can view possible career paths with this company from the organization chart.
The organizational chart is a diagram that shows the internal structure of an organization by showing the roles carried out by the employees and the relationships that exists between them.
Describe the role of securities markets and of investment bankers: what role do investment bankers playing securities markets
Answer
Explanation:
investment bankers specialize in the provision of new securities and they
provide helps to those that want their security liquified.
However, investment bankers are known with their role of provision of money at capital market to their customers such as companies or government set up through issuing of money or equity for security market.
A salesperson at Plumbers Warehouse searches public records of new building permits to identify potential customers for new bathrooms. This salesperson is relying on ____ to identify sales prospects.
Complete Question:
A salesperson at Plumbers Warehouse searches public records of new building permits to identify potential customers for new bathrooms. This salesperson is relying on ____ to identify sales prospects.
Group of answer choices
A) personal referrals
B) marketer-initiated contacts
C) impersonal referrals
D) customer-initiated contacts
Answer:
C) impersonal referrals.
Explanation:
In this scenario, a salesperson at Plumbers Warehouse searches public records of new building permits to identify potential customers for new bathrooms. This salesperson is relying on impersonal referrals to identify sales prospects.
An impersonal referrals can be defined as the process of acquiring informations about a potential customer from personal sources, public records etc. It is one of the common techniques used in prospecting, which typically involves the continual process of systematically looking or sourcing for new customers.
At Groovy Rags, a trendy retail store, manager Eon Forcer doesn't waste any time thinking about whether the employees on his shift get their breaks at a reasonable time. In fact, he claims he is hard pressed to determine which one has "worked hard enough" to even deserve a break. Earlier today, Eon remarked, "I've never met one that likes this job! They're only biding their time and here for the money." Eon's managerial style would be classified as _______.
Answer:
Theory X.
Explanation:
In this scenario, Groovy Rags, a trendy retail store, manager Eon Forcer doesn't waste any time thinking about whether the employees on his shift get their breaks at a reasonable time. In fact, he claims he is hard pressed to determine which one has "worked hard enough" to even deserve a break. Earlier today, Eon remarked, "I've never met one that likes this job! They're only biding their time and here for the money." Eon's managerial style would be classified as Theory X.
Douglas McGregor developed the theory x and y in the 1950s while working at the MIT Sloan school of management.
Theory X suggests that employees working in a particular organization dislike work, possess minimal ambition, and are generally not willing to take up responsibility.
Hence, with the Theory X it is very important and essential that these employees be supervised and rewarded externally with prizes and punishment should be used when they err.
The ______________ of estimating bad debts expense involves a detailed listing of each customer's outstanding account and its length of time past due i Multiple Choice Direct write-off method. Percentage of sales method.
Answer:
Aging of accounts receivable method.
Explanation:
Accounts receivable are the payments owed to a business by its customers. Bad debt occurs when there is uncertainty that an account receivable will be recovered.
The accounts receivable aging method is used to classify debts based on on the length of time past due.
Classifications such as are based on length of time past due and when to time past due is too long it will be considered to be a loss.
Lengths of time used include: 1-30 days past due, 31-60 days past due, 61-90 days past due, 91-120 days past due, and greater than 120 days past due.
Lamar Printing Company determines that a printing press used in its operations has suffered a permanent impairment in value because of technological changes. An entry to record the impairment should
Answer: include a credit to equipment accumulated depreciation account.
Explanation:
Lamar Printing Company determines that a printing press used in its operations has suffered a permanent impairment in value because of technological changes. An entry to record the impairment should include a credit to equipment accumulated depreciation account.
It should be noted that permanent Impairment is an injury suffered buy an individual which has a permanent impact on the way the individual functions.
"An individual who is 25 years from retirement has $500,000 to invest today. He is risk tolerant and is looking to withdraw $80,000 per year once he retires. Which asset allocation is BEST for this client?"
The available options are:
A. 25% Stocks / 25% Bonds / 25% REITs / 25% Money Markets
B. 50% Stocks / 40% Bonds/ 10% Cash
C. 100% Bonds
D. 100% Stocks
Answer:
B. 50% Stocks / 40% Bonds/ 10% Cash
Explanation:
Since the age of the customer is not given in the question, however, given he or she is 25 years from retirement, it is logical to assume that the customer is about 40-50 years old in age. According to the rule of thumb that "100% minus the customer's age" should be allocated to stocks for growth, hence, a stock allocation of 40-50% is about right.
Hence, in this case, the right answer is Option B: 50% Stocks / 40% Bonds/ 10% Cash
Correct Inc. is a publicly traded firm with 100 million diluted shares outstanding trading at $37.50 per share. The company has $1 billion of debt outstanding with a cost of debt at 6.5% at a marginal tax rate of 40%. The company has $100 million of cash on its balance sheet. What is the enterprise value of Correct Inc.
Answer:
The enterprise value of Correct Inc is $4,650 M
Explanation:
In this question, we are interested in calculating the enterprise value of Correct Inc
To do this, we use the mathematical formula below;
Enterprise Value = market value capital and debts - cash and investments
Enterprise Value = 100m shares * $37.50 per share + $1000m debts - $100m
= $3750 m + $1000 m - $100 m
= $4650 m
A swap bank Group of answer choices (A) can act as a broker, bringing together counterparties to a swap. (B) can act as a dealer, standing ready to buy and sell swaps. (C) both (A) and (B). (D) only sometimes (A) but never ever (B).
Answer:
Option C
Explanation:
In simple words, A swap bank refers to the entity that serves as just a broker for two counterparties that decide to apply through a rate of interest or exchange swap arrangement and must remain confidential. The swap banking incorporates both parts of the transaction and usually receives a reward price from both underwriters to encourage the swap.
Thus, from the above we can conclude that the correct option is C.
Erin works for a dry-cleaning company that has a contract with the U.S. government. To save on cleaning fluid, her boss orders her to wash some clothes that are supposed to be dry-cleaned in a washing machine. When the courier hired to pick up the cleaned garments arrives, Erin tells him about her boss's actions. Erin tells no one else about what is going on and is later fired. Erin
Answer: Failed to informed the proper party
Explanation:
When negligence of the right deeds to be done in an organization is osetved by an individual working their, it is right report the situation that occurred to the right authority so that the right action would be taken which will not endanger the reporting individual or harm his employment in the organization. Erin's situation will be taken with kids glove due to she failed to report the situation to the appropriate party for investigations to be carried out.
In the course of selling a home to a buyer, a broker told the buyer that the home's foundation was "solid as a rock", when he knew for a fact that it was slowly sinking into the landfill on which it was built. In this situation, the broker's conduct would be BEST defined as a
Answer:
willful misrepresentation
Explanation:
Willful misrepresentation is an intentional act or misrepresentation of facts with an intent to deceive. It is an intentional action taken by one party, which constitutes a breach of representation with an intent or act to mislead the other party to whom such representation was made.
The above scenario is an example of wilful misrepresentation because the broker knew that the foundation of the house was faulty but willfully misrepresented fact by telling the buyer that the home's foundation was 'solid as rock'.
What type of a service would a CPA perform if a loan that is collateralized by inventory requires a CPA to observe the count of the inventory and trace sampled items to the vendor invoices in order to determine the value of inventory is not misstated
Answer:
An attestation engagement.
Explanation:
An attestation engagement involves hiring a third party called a CPA to give attestation on subject matters or services like examinations, reviews, reports that are created by a client. The attestation engagement is a form of audit. The CPA is responsible for the client. It is of 3 types
1. The examination engagement
2. Review engagement
3. Agreed upon procedures engagement
Suppose that initially the price is $20 in a perfectly competitive market. Firms are making zero economic profits. Then the market demand shrinks permanently, some firms leave the industry, and the industry returns to a long-run equilibrium. What will be the new equilibrium price, assuming cost conditions in the industry remain constant
Answer:
$20
Explanation:
A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
demand falls and so does supply. therefore price would remain unchanged in the long run equilibrium.
Adam published his personal opinion about the current condition of politics stating,"Though the government is unable to fulfill the demands of the public,they demand votes;they really are beggars on streets." Can politicians sue him for defamation under tort?
A) No,because as a general rule the material in a newspaper is totally exempted.
B) Yes,because defamation in a newspaper is always a tort.
C) Yes,because Adam wrote even though he did not have authority.
D) No,because statements of pure opinion do not amount to defamation.
Answer:
The correct answer is the option D: No, because statements of pure opinion do not amount to defamation.
Explanation:
To begin with, the fact that Adam have published his personal opinion about a certain topic does not directly indicates that his opinion, in the case of being a hard critic of something, is to be considered a defamation due to the fact that those kind of statements are protected by law in the United States according to the First Amendment to the United States so therefore that his pure opinion is under the freedom of speech regime. That is why that politicians would not be able to sue him for defamation under tort.
On October 29, 2016, Lobo Co. began operations by purchasing razors for resale. Lobo uses the perpetual inventory method. The razors have a 90-day warranty that requires the company to replace any nonworking razor. When a razor is returned, the company discards it and mails a new one from Merchandise Inventory to the customer. The company’s cost per new razor is $20 and its retail selling price is $75 in both 2016 and 2017. The manufacturer has advised the company to expect warranty costs to equal 8% of dollar sales. The following transactions and events occurred.
2016
Nov. 11 Sold 105 razors for $7,875 cash.
30 Recognized warranty expense related to November sales with an adjusting entry.
Dec. 9 Replaced 15 razors that were returned under the warranty.
16 Sold 220 razors for $16,500 cash.
29 Replaced 30 razors that were returned under the warranty.
31 Recognized warranty expense related to December sales with an adjusting entry.
2017
Jan. 5 Sold 150 razors for $11,250 cash.
17 Replaced 50 razors that were returned under the warranty.
31 Recognized warranty expense related to January sales with an adjusting entry.
1.1 Prepare journal entries to record above transactions and adjustments for 2016.
2. How much warranty expense is reported for November 2016 and for December 2016?
Warranty Expense for November 2016 ?????
Warranty expense for December 2016 ?????
3. How much warranty expense is reported for January 2017?
4. What is the balance of the Estimated Warranty Liability account as of December 31, 2016?
5. What is the balance of the Estimated Warranty Liability account as of January 31, 2017?
Answer:
Nov 11
Dr Cash 7,875
Cr To Sale 7,875
Nov. 11
Dr Cost of Goods Sold 2,100
Cr To Inventory 2,100
Nov. 30
Dr Warranty Expenses 630
Cr To Warranty Liability 630
Dec. 9
Dr Warranty Liability 300
Cr To Inventory 300
Dec. 16
Dr Cash 16,500
Cr To Sales 16,500
Dec. 16
Dr Cost of Goods Sold 4,400
Cr To Inventory 4,400
Dec. 29
Dr Warranty Liability 600
Cr To Inventory 600
Dec. 31
Dr Warranty Expenses 1,320
Cr To Warranty Liability 1,320
1.b Journal Entries for 2017
Jan 5
Dr Cash 11,250
Cr To Sales 11,250
Jan 5
Dr Cost of goods sold 3,000
Cr To Inventory 3,000
Jan 17
Dr Warranty Liability 1,000
Cr To Inventory 1,000
Jan 31
Dr Warranty Expenses 900
Cr To Warranty Liability 900
2)a. Warranty Expenses= $630
2b. Warranty Expenses= $1,320
3). Warranty Expenses= $900
4). Estimated Warranty Liability Account $1,050
5). Estimated Warranty liability account $900
Explanation:
Preparation of the Journal entries for Lobo Co
Journal Entries for 2016 for Lobo Co
Nov 11
Dr Cash 7,875
Cr To Sale 7,875
Nov. 11
Dr Cost of Goods Sold 2,100
Cr To Inventory (20*$105) 2,100
Nov. 30
Dr Warranty Expenses 630
($7,875*8%)
Cr To Warranty Liability 630
Dec. 9
Dr Warranty Liability 300
(15*$20)
Cr To Inventory 300
Dec. 16
Dr Cash 16,500
Cr To Sales 16,500
Dec. 16
Dr Cost of Goods Sold 4,400
Cr To Inventory 4,400
(220 * $20)
Dec. 29
Dr Warranty Liability 600
(30*$20)
Cr To Inventory 600
Dec. 31
Dr Warranty Expenses 1,320
($16,500*8%)
Cr To Warranty Liability 1,320
1.b Journal Entries for 2017
Jan 5
Dr Cash 11,250
Cr To Sales 11,250
Jan 5
Dr Cost of goods sold 3,000
(150*$15)
Cr To Inventory 3,000
Jan 17
Dr Warranty Liability 1,000
(50*$20)
Cr To Inventory 1,000
Jan 31
Dr Warranty Expenses 900
(11,250*8%)
Cr To Warranty Liability 900
2)a. Warranty Expenses for Nov. 2016
Warranty Expenses= $7,875*8%
Warranty Expenses= $630
2b. Warranty Expenses for Dec. 2016
Warranty Expenses= $16500*8%
Warranty Expenses= $1,320
3). Warranty Expenses for Jan. 2017
Warranty Expenses= $11,250*8%
Warranty Expenses= $900
4). Estimated Warranty Liability Account as on Dec. 31, 2016
Estimated Warranty Liability Account= $630 + $1,320 - $300 - $600
Estimated Warranty Liability Account= $1950- $900
Estimated Warranty Liability Account= $1,050
5). Estimated Warranty liability account as on Jan. 31, 2017
Estimated Warranty liability account = $1,050 + $900 - $1,050
Estimated Warranty liability account= $900
Kate's Diner offers one breakfast item, a breakfast special. The market price for this meal is $5. At her profit-maximizing level of output, Kate's average variable cost is $4 per meal. Her average total cost is $6 per meal. Since the market is perfectly competitive, Kate should ________.
Answer:
keep producing in the short run but exit the industry or go out of business in the long run
Explanation:
A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
A firm should shut down in the short run if price is less than average variable cost. But since the diner's price is greater than average variable cost, it should continue production.
A firm should exit the industry in the long run if price is less than average total cost. the diner's price is less than average total cost, so it should shut down in the long run
In recent years, the United States has Group of answer choices had a large goods trade surplus with the rest of the world. exported more services abroad than it has imported. maintained an overall trade surplus (goods and services combined) with the rest of the world. had a small goods trade surplus with Japan
Answer:
exported more services abroad than it has imported.
Explanation:
The US in recent years have been the largest exporter of services in the world. The United states is as of today known as a global leader in services export which has been seen to grow seven fold over the past 34 years especially from areas like insurance and financial services. From an average of 40 countries(both emerging and advanced economies), the country has the lowest trade barriers in 14 out of 18 services sectors.
Bank laying down norms for bank is : SBI, RIB, RBI or RBG
Answer:
The answer is "RBI"
Explanation:
The RBI was formed in 1935, to comply only with RBI Act, it is also known as the central bank of India, throughout order to generate financial security in India, it implements fiscal policy, as well as regulates its exchange rates and higher compensation of the whole nation.
Its primary goal will also consist of monitoring India's separate bank operations in the money markets. Its primary focus also is on the publisher of new bills. It has been developed to be the bank of a bank manager as well as the state bank.
Organizations covered by the federal hipaa privacy law are expected to:
Answer: Organizations under the federal HIPAA privacy law are expected to do all of these things: provide cover for identifiable personal information about the "past, present or future physical or mental health conditions of patients.
Explanation: Privacy protections come from both federal and state law, and the HIPPA privacy law contains rules about who can access health information, and under what circumstances these information can be given. The law thus governs health care providers, health plans, and health information clearinghouses, their business associates, and the workers for those organizations. Organizations under the HIPAA privacy law must cover identifiable personal information about the "past, present or future physical or mental health condition of patients in any form or medium, as long as it is identified (or identifiable) as a particular patient's information and data.
a printed pamphelt that describes goods for sale is called a?
Answer:
The term "marketing brochure" refers to a small document, or pamphlet, which describes and promotes various products or services to be marketed.
In a Cournot market with two firms, the inverse market demand curve is P = 20 – 0.5Q, where Q = q1 + q2. (Firm 1's output = q1; Firm 2's output = q2.) If Firm 2 produces 20 units of output, Firm 1's residual marginal revenue curve is depicted in:
Answer:
MR = 10 – 1q1.
Explanation:
Demand function, P = 20 – 0.5Q
Q = q1 + q2
Now insert Q in the P = 20 – 0.5Q.
P = 20 – 0.5 (q1 + q2)
We have the value of q2 = 20.
P = 20 – 0.5 (q1 + q2)
P = 20 – 0.5 (q1 + 20)
P = 20 – 0.5q1 – 10
P = 10 – 0.5q1
Total revenue of firm 1, TR = Pq1
TR = 10q1 – (0.5q1)^2
Now MR is the differentiation of TR. So the MR after differentiation if TR of firm 1 is:
MR = 10 – 1q1
Question 9
1 pts
a
D
ESPE
The cost of a van is $16,000 with a residual value of
$2,000. The van has an estimated useful life of 5 years.
The mount of depreciation expense using straight-line
each year is:
D
O $933
O $373
O $737
O none of the above
Answer:
The correct answer is:
None of the above (d)
Explanation:
Depreciation is the reduction in the fair value of an asset over time.
cost of van = $16,000
residual value = $2,000
useful life = 5 years
depreciation using straight-line allocation is allocating the depreciation cost equally over the useful life of the asset.
[tex]Annual\ depreciation\ expenses\ = \frac{(cost\ of\ asset\ -\ salvage\ value}{useful\ life\ of\ asset} \\\\\\Annual\ depreciation\ expenses\ = \frac{16,000 - 2,000}{5} \\= \frac{14,000}{5} \\Annual\ depreciation\ expenses\ = \$2,800[/tex]
Answer:
none of the above
Explanation:
depreciation expense per year using straight line method = (purchase cost - residual value) / useful life = ($16,000 - $2,000) / 5 years = $14,000 / 5 = $2,800 per year
The straight line method for calculating depreciation expense is the simplest method that we can use, since the depreciation expense is the same for every year. Unlike double balance, sum of digits or any other kind of deprecation expense method which varies from year to year.
In one state, a mortgagee holds legal title to real property offered as collateral for a loan, and the mortgagor retains the rights of possession and use. If the borrower defaults, the lender is entitled to immediate possession and rents. This state can be BEST characterized as what kind of state
Answer:
Lein Theory.
Explanation:
Lien theory refers to the theory in which the buyer stops the property deed at the time of the mortgage. Also the buyer promised to pay all the payments so that the mortgage could become a lien on a property but at the same time the title would remain with the buyer but if all the payments are paid so the lien could be removed
Therefore in the given situation, it represents the lien theory
A company has a selling price of $2,150 each for its printers. Each printer has a 2 year warranty that covers replacement of defective parts. It is estimated that 3% of all printers sold will be returned under the warranty at an average cost of $157 each. During November, the company sold 37,000 printers, and 470 printers were serviced under the warranty at a total cost of $62,000. The balance in the Estimated Warranty Liability account at November 1 was $32,500. What is the company's warranty expense for the month of November
Answer:
$174,270
Explanation:
The computation of the warranty expense for November is shown below:
= Number of printed sold × estimated percentage × average cost
= 37,000 printers × 3% × $157
= 1,110 printers ×$157
= $174,270
We simply applied the above formula so that the company warranty expense for November month could come and the same is to be considered
Ashley, who makes knitted caps, determines that her marginal cost of producing one more knitted cap is equal to $10. A consumer offers her $12 if she sells one more knitted cap to her. Ashley will:
