If an adjustable-rate 30-year mortgage for $120,000 starts at 4. 0 percent and increases to 5. 5 percent, what is the increase in the monthly payment amount? Use Exhibit 7-7. (Do not round intermediate calculations. Round your answer to 2 decimal place

Answers

Answer 1

In the first case the montly payment is $401 and second case montly payment is $551.

what is monthly payment and how it is calculated?

The monthly payment is the amount paid per month to pay off the loan in the time period of the loan. When a loan is taken out it isn't only the principal amount, or the original amount loaned out, that needs to be repaid, but also the interest that accumulates. the difference between two montly payments is ($551-$401= $150). when we increase interest rate then automatically monthly payment have to be increases .

simple formula for calculating montly payment is

Monthly Payment = (Principal *interest /12)*(1+interest/100*12)*12*number of years/(1+interest/100*12)number of month -1

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melanie, a salesperson for printers and scanners, is sending a proposal for printers to the home office of helix services in cedartown. to convince the executives in cedartown that the local vinson mountain branch office needs the printers and copiers she is selling, melanie would most likely:

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Melanie should make a strong case for the need for the products, such as the convenience, cost-effectiveness, and efficiency of using her company's printers and copiers.

To convince the executives at Helix Services in Cedartown that the local Vinson Mountain branch office needs the printers and copiers she is selling, Melanie, the salesperson, would most likely:

Highlight the benefits: Melanie should clearly outline the benefits of the printers and copiers she is selling.

For example, she could emphasize that the new printers and copiers are faster, more efficient, and more cost-effective than the current equipment being used by the Vinson Mountain branch office.

Provide relevant data: Melanie should provide relevant data to support her claims.

For instance, she could present data that shows how the new equipment has helped other similar companies in the industry to improve their operations and increase their revenue.

Offer a demo or trial: Melanie could offer a demo or trial of the equipment to the executives in Cedartown.

This would allow them to see the benefits of the equipment firsthand and test its functionality.

By following these strategies, Melanie can effectively convince the executives at Helix Services in Cedartown that the local Vinson Mountain branch office needs the printers and copiers she is selling.

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The increase in unemployment associated with a recession is called _____.
a. structural unemployment
b. frictional unemployment
c. discouraged unemployment
d. cyclical unemployment

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d. cyclical unemployment.

Cyclical unemployment is the brief rise in unemployment that happens during a recession or economic cycle downturn as demand for products and services declines and businesses fire employees.

Cyclical unemployment is a rise in unemployment that happens during an economic downturn or recession as a result of a drop in aggregate demand. Businesses are less inclined to hire new employees and may even fire present employees when the economy as a whole is struggling, which raises the unemployment rate. This is distinct from frictional unemployment, which is the temporary unemployment that happens when employees hunt for new jobs, and structural unemployment, which happens when there is a mismatch between the abilities of workers and the available jobs. Those who have given up seeking work and are no longer included in the official unemployment statistics are referred to as discouraged unemployed.

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an agent is not required to keep which of the following information confidential? a. customer lists b. business plans c. unique business methods d. information that his or her principal is engaged in criminal activity

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Answer: The answer is D. Information that his or her principal is engaged in criminal activity. Agents are not obligated to keep information confidential if it is related to criminal activity.


Explanation: An agent is an individual who has been appointed to act on behalf of someone else in business transactions or other legal matters. They are sometimes referred to as power-of-attorney or attorney-in-fact, and they are normally required to maintain the confidentiality of the principal's affairs.

It is the agent's responsibility to ensure that any confidential data shared with them by their principal or client is kept private and is only shared with people who are authorized to receive it.

Agents, on the other hand, do not have a duty of confidentiality with regards to information that their principal is engaged in criminal activity, as this information may be reported to the authorities if necessary.

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ctivity Rates and Product Costs using Activity-Based Costing Lonsdale Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fixtures. These activities and their associated budgeted activity costs and activity bases are as follows:
Activity BudgetedCost Activity Base Activity Casting 570,000 Machine hours Assembly 80,000 Direct labor hours
Inspecting 42,000 Number of inspections
setup 38,000 Number of setups
material handling 23,750 Number of loads
Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity-base usage quantities and units produced follow: Activity Base Entry Dining Total Machine hours 6000 13000 19000
Direct labor hours 3000 2000 5000
Number of inspections 600 400 1000
Number of setups 300 200 500
Number of loads 450 500 950
Units produced 6000 3000 9000
a. Determine the activity rate for each activity. b. Use the activity rates in (a) to determine the total and per-unit activity costs associated with each product. Round the per unit amounts to the nearest cent.

Answers

a. To determine the activity rate for each activity, divide the budgeted cost by the total activity base.

Activity Budgeted Cost Activity Base Activity Rate
Casting 570,000 Machine hours 30.53
Assembly 80,000 Direct labor hours 16
Inspecting 42,000 Number of inspections 42

Setup 38,000 Number of setups 76
Material Handling 23,750 Number of loads 25
b. To determine the total and per-unit activity costs associated with each product, multiply the activity rate by the activity base for each product.

Entry Dining Total
Machine hours 30.53 x 6000 = 183,180 30.53 x 13,000 = 396,890 579,070
Direct labor hours 16 x 3000 = 48,000 16 x 2000 = 32,000 80,000
Number of inspections 42 x 600 = 25,200 42 x 400 = 16,800 42,000
Number of setups 76 x 300 = 22,800 76 x 200 = 15,200 38,000
Number of loads 25 x 450 = 11,250 25 x 500 = 12,500 23,750
Total Activity Cost 307,430 297,190 604,620

Per-unit Activity Cost Entry Dining
Machine hours 30.53 x 6000 = 30.53 30.53 x 13,000 = 30.53
Direct labor hours 16 x 3000 = 8 16 x 2000 = 8
Number of inspections 42 x 600 = 4.2 42 x 400 = 4.2
Number of setups 76 x 300 = 3.8 76 x 200 = 3.8

Number of loads 25 x 450 = 2.5 25 x 500 = 2.5
Total Activity Cost 51.03 49.03

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When there is a technological advance in the pork industry, consumer surplus in that market will a. increase b. decrease c. not change, since technology affects producers and not consumers. d. not change, since consumers' willingness to pay is unaffected by the technological advance.

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Consumer surplus in that market will rise as the pork industry makes a technological advancement..

When customers pay less than they'd normally be ready to for a good or service, there is a consumer surplus.. The foundation for the notion of consumer surplus is the economic concept of marginal product additional satisfaction that a customer receives from purchasing one more unit of a good or service. A constant, consumer surplus grows when prices are lowering and decreases when prices are rising. Economists conceptualize it as the triangle-shaped region beneath the demand curve that is between its market cost and the cost that buyers are willing to pay.

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what is an example of internal secondary data for marketing research?

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Examples of common secondary data sources include internal corporate data from the company, such as advertising and marketing research, customer account information, and data on product purchases and consumption.

The careful collection, logging, and assessment of qualitative and quantitative data about problems related to the marketing of goods and services constitutes marketing research. The objective is to detect and evaluate how shifting marketing mix components affect consumer behavior. Companies utilize market research to speak directly with potential customers to assess the viability of a new product or service. Companies may quickly collect input from customers to help them identify their targeted audience through market research. This kind of research can be carried out internally, directly by the business, or through a recognized market research firm.

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when consumers associate a brand with a certain level of quality and familiar attributes, consumers are able to make quick decisions. in this situation, the brand
a. Established novelty
b. Is the only one the consumer will consider
c. Facilitates purchasing
d. Reduces delivery costs
Creates brand reputation

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When consumers associate a brand with a certain level of quality and familiar attributes, consumers are able to make quick decisions. In this situation, the brand facilitates purchasing. The correct option is c. Facilitates purchasing

What does a brand do?

A brand facilitates purchasing when consumers associate it with a certain level of quality and familiar attributes. Consumers are able to make quick decisions as a result of this. In conclusion, when a brand is associated with a particular level of quality and familiar characteristics, consumers are more likely to make quick purchasing decisions.

As a result, the brand has established a reputation that facilitates the buying process. This increases sales and revenue for the company, as well as establishes customer loyalty to the brand.

Therefore, the correct option is c.

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the net present value method of capital budgeting analysis does all of the following except: group of answer choices incorporate risk into the analysis. provide a specific anticipated rate of return. consider all relevant cash flow information. discount all future cash flows to their current value. consider the initial cost of the project.

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The net present value method of capital budgeting analysis does not incorporate risk into the analysis.

This method considers all relevant cash flow information, discounts all future cash flows to their current value, and takes into account the initial cost of the project.

However, the net present value method does not provide a specific anticipated rate of return.

The net present value method uses the discount rate to adjust for risk in a project by comparing the current value of future cash flows to the present cost of the investment.

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Requiring approval of customers' credit history, reviewing the age of past due accounts and rewarding speedy collections are examples of controls over ______.
accounts receivable

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Accounts receivable is an important asset of a company, and it is critical to monitor and control it. As a result, accounts receivable management is a critical component of every company's financial management.

A set of controls are needed for accounts receivable management to be successful. These controls include the approval of customers' credit history, reviewing the age of past due accounts, and rewarding speedy collections. These controls are essential for the following reasons: Approving customer's credit history: Before agreeing to extend credit to a customer, it is critical to examine their credit history. If a customer has a poor credit history, extending credit to them may result in losses for the company.Reviewing the age of past due accounts: It is critical to review the age of past due accounts regularly to ensure that the company is not losing money due to unpaid debts. Accounts that are overdue for a prolonged period should be dealt with swiftly.Rewarding speedy collections: Offering incentives to customers who pay their accounts promptly can encourage them to pay their accounts quickly. Early payment benefits can include discounts, free shipping, and other benefits. The sooner accounts receivable are paid, the healthier a company's cash flow will be.Accounts receivable is an important component of a company's financial management. To keep it under control, a set of controls are required. These controls include the approval of customer's credit history, reviewing the age of past due accounts, and rewarding speedy collections.

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Juanita and Neha are considering contributing toward the creation of a water fountain. Each can choose whether to contribute $300 to the water fountain or keep that $300 for a weekend getaway.Since a water fountain is a public good, both Juanita and Neha will benefit from any contributions made by the other person. Specifically, every dollar that either one of them contributes will bring each of the $0.70 of benefit. For example, if both Juanita and Neha choose to contribute, then a total of $600 would be contributed to the water fountain. So, Juanita and Neha would each receive $420 of benefit from the water fountain, and their combined benefit would be $840. This is shown in the upper left cell of the first table.Since a weekend getaway is a private good, if Juanita chooses to spend $300 on a weekend getaway, Juanita would get $300 of benefit from the weekend getaway and Neha wouldn't receive any benefit from Juanita's choice. If Juanita still spends $300 on a weekend getaway and Neha chooses to contribute $300 to the water fountain, Juanita would still receive the $210 of benefit from Neha's generosity. In other words, if Juanita decides to keep the $300 for a weekend getaway and Neha decides to contribute the $300 to the public project, then Juanita would receive a total befit of $300+$210=$510, Neha would receive a total benefit of $210, and their combined benefit would be $720. This is shown in the lower left cell of the first table.Complete the following table, which shows the combined benefits of Juanita and Neha has previously described:

Answers

Juanita keeps $300 for a weekend getaway

Juanita contributes $300 to the water fountain
 
Neha keeps $300 for a weekend getaway
Neha contributes $300 to the water fountain
 
 Total benefit: $510
Total benefit: $840
 

When both Juanita and Neha contribute $300 to the water fountain, each person receives $420 of benefit from the water fountain. Their combined benefit is $840. If Juanita decides to keep her $300 for a weekend getaway, she still receives $210 of benefit from Neha's choice to contribute the money to the water fountain.

So, the combined benefit is $720, with Juanita receiving a total benefit of $510 and Neha receiving a total benefit of $210.

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Consolidating entries (market value differs from book value)Assume that on January 1, 2013, an investor company acquired 100% of the outstanding voting common stock of an investee company. The following financial statement information was prepared immediately after the acquisition and presents the acquisition-date balance sheet for the pre-consolidation investor company, the investee company and the consolidated financial statements for the investor and investee.Invest Investee ConsolidatedCash & receivables $500,000 $62,500 $562,500Inventory 375,000 156,250 531,250Property & equipment $1,437,500 $500,000 2,000,000Investment in investee $437,500 _ _Identifiable intangible _ _ 68,750Goodwill _ _ 30,000Total assets $2,750,000 $718,750 $3,192,500Current liabilities $250,000 $125,000 $375,000Accrued expenses 187,500 _ 187,500Bonds payable _ $312,500 317,500Common stock 1,043,750 62,500 1,043,750Additional paid-in capital 893,750 78,125 893,750Retained earnings 375,000 140,625 375,000Total liabilities and equity $2,750,000 $718,750 $3,192,500In preparing the consolidated financial statements, what is the amount of the debit or credit made to the "investment in investee" account as part of the [A] consolidating entry? (Recall from the chapter that the [A] consolidating entry reclassifies the acquisition accounting premium from the investment account to the individual net assets that require adjustment from book value to fair value.)A. $30,000B. $161,250C. $156,250D. $437,500

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When preparing the consolidated financial statements, the investment in investee account requires a debit of $437,500 as part of the consolidating entry.

A consolidation elimination journal is a journal specially created by a company to eliminate or eliminate all reciprocal account balances between its headquarters and subsidiaries or branches. A consolidated report is a report that allows multiple investors to get a complete picture of the parent company. 

This debit reclassifies the acquisition accounting premium from the investment account to the individual net assets that require adjustment from book value to fair value. Therefore the correct answer is D. $437,500.

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serena is preparing her budget for the upcoming year. this would be good time for her to a. run best-case and worst-case scenarios. b. enforce a cost-containment strategy. c. communicate with her suppliers and scrutinize her relationships with them. d. up her expectations for the upcoming year.

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serena is preparing her budget for the upcoming year. this would be a good time for her to run best-case and worst-case scenarios. Option A is the correct answer.

Serena is preparing her budget for the upcoming year, and it would be a good time for her to run best-case and worst-case scenarios.

This involves analyzing different financial projections based on various scenarios and assumptions, such as changes in revenue, expenses, and market conditions.

By doing so, Serena can be better prepared for unexpected events and make informed decisions about how to allocate her resources.

This approach can also help her identify potential risks and opportunities, and adjust her budget accordingly to optimize her financial outcomes.

Therefore, option A is the correct option, run best-case and worst-case scenarios.

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Use your knowledge of contemporary situational leadership theory to choose the word or phrase that best describes the situation.a. If your leader allows you to share in decision-making responsibility, which leadership style will he or she use?b. Delegate stylec. Selling styled. Participating stylee. Storytelling style

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The word or phrase that best describes the situation where the leader allows the team to share in decision-making responsibility is "Participating style." Option D is correct.

What is situational leadership?

Situational leadership is a leadership model that focuses on adapting one's leadership style to meet the needs of their team members in various scenarios. It is a leadership strategy that involves adapting a leadership style based on the person or group's requirements to whom you are leading.

The three main components of situational leadership are:

Directive behaviorSupportive behaviorFollower readiness

In the Situational Leadership Theory, a leader is needed to change the management style as per the situation. The following are the four different styles of situational leadership:

Directing styleCoaching styleSupporting styleDelegating style.

Which leadership style will he or she use?

If the leader allows the team members to share in decision-making responsibility, then he/she will use the Participating style of leadership. In this leadership style, the leader gives some responsibility to the team members to share their views, thoughts and provide them with the opportunity to participate in decision-making.

The following are the key features of the Participating style:

Involving team members in decision-making.Encouraging open communication and active listening.Demonstrating mutual respect and trust in team members.Soliciting feedback from team members.Encouraging collaborative work.Creating a supportive and empowering work environment.

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below are trends in operating cash flows for three companies. year 1year 2year 3total company 1$ 100,000$ 150,000$ 50,000$ 300,000 company 2100,000100,000100,000300,000 company 390,000100,000110,000300,000 based on an analysis of operating risk, which company's management is likely motivated to have the largest ratio of cash to noncash assets?
Company 2.
Company 1.
All companies are expected to have the same ratio.
Company 3.

Answers

Based on the analysis of operating risk, Company 2 is likely motivated to have the largest ratio of cash to noncash assets. This is because Company 2 has the highest operating cash flow over the 3-year period ($300,000).

Operating cash flows refer to the money a business generates from its day-to-day operations. Operating cash flows include cash received from customers, interest and dividends earned, as well as payments to suppliers, employees, and other creditors. Operating risk refers to the possibility of a business incurring financial losses due to variations in operating cash.

However, in this case, Company 2 has the largest ratio of cash to non-cash assets, meaning that its management is likely motivated to reduce operating risk by maintaining a significant cash reserve.

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Semantic information difference is a term that describes _______________.
a. when employees and supervisors do not share the same view of some organizational issues, basic job duties, or employees' participation in decision making
b. when the information being presented in a meeting is not in line with the company's mission statement.
c. how companies communicate by different channels such as phone, internet, and mail
d. when semantics play a part in organizational decision making

Answers

Semantic information difference is a term that describes "when employees and supervisors do not share the same view of some organizational issues, basic job duties, or employees' participation in decision making" (option A).

This term refers to situations where the meanings of certain terms or concepts are interpreted differently by different individuals, leading to misunderstandings and potential conflict. Such differences in interpretation can arise due to differences in personal backgrounds, experiences, or perspectives. Resolving semantic information differences requires effective communication and clarity in language usage to ensure that everyone involved has a shared understanding of the relevant concepts and issues.

Thus, option a is the correct answer.

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The steps involved in finding the bottleneck in a process with a product mix include all the following EXCEPT:
B) Compute the capacity level for each resource
C) Compute the flow rate for each resource
D) Compute in the implied utilization for each resource

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The stages below, with the exception of computing the flow rate for each resource, are involved in identifying the bottleneck in a process with a product mix.

The entire number of business units and various services and products that an organization offers is its portfolio mix. also referred to as a product selection or product portfolio. Product combinations differ amongst businesses. A product is something that a business produces and distributes to its clientele. A company's maximum number of business units or individual items is referred to as its product mix. The overall variety of product lines and varieties that a firm offers for sale to its clients is known as the product mix.

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The Corata Appliance Manufacturing Corporation manufactures two vacuum cleaners, the Standard and the Super. The following information was gathered about the two products:
Standard Super
Budgeted sales in units 2700 700
Budgeted selling price $600 $1,700
Budgeted contribution margin per unit $500 $1070
Actual sales in units 2800 1400
Actual selling price $650 $1,680
What is the total sales-quantity variance in terms of the contribution margin? (Round intermediary calculations to two decimal places.)
A. $495,760 favorable
B. $179,760 favorable
C. $316,000 favorable
D. $136,240 favorable

Answers

The total sales-quantity variance in terms of the contribution margin is $316,000 favorable. Calculate the total sales-quantity variance using the following formula:

Total sales-quantity variance = (Actual sales – Budgeted sales) × Budgeted contribution margin per unit Budgeted sales of the Standard vacuum cleaner = 2,700 units Budgeted selling price of the Standard vacuum cleaner = $600Budgeted contribution margin per unit of the Standard vacuum cleaner = $500Budgeted sales of the Super vacuum cleaner = 700 units Budgeted selling price of the Super vacuum cleaner = $1,700Budgeted contribution margin per unit of the Super vacuum cleaner = $1070Actual sales of the Standard vacuum cleaner = 2,800 units Actual selling price of the Standard vacuum cleaner = $650Actual sales of the Super vacuum cleaner = 1,400 units Actual selling price of the Super vacuum cleaner = $1,680For the Standard vacuum cleaner: Budgeted sales = 2,700 units Actual sales = 2,800 units Budgeted contribution margin per unit = $500Total sales-quantity variance for the Standard vacuum cleaner = (2,800 – 2,700) × $500 = $50,000FavorableFor the Super vacuum cleaner: Budgeted sales = 700 units Actual sales = 1,400 units Budgeted contribution margin per unit = $1070Total sales-quantity variance for the Super vacuum cleaner = (1,400 – 700) × $1070 = $749,000FavorableTotal sales-quantity variance = $50,000 Favorable + $749,000 Favorable= $799,000 Favorable Therefore, the total sales-quantity variance in terms of the contribution margin is $316,000 Favorable.

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prezas company's balance sheet showed total current assets of $4,750, all of which were required in operations. its current liabilities consisted of $975 of accounts payable, $600 of 6% short-term notes payable to the bank, and $250 of accrued wages and taxes. what was its net operating working capital? group of answer choices $3,701 $3,878 $3,384 $3,525 $3,842

Answers

Net operating working capital is the difference between the current assets used in operations and the current liabilities arising from operations. In the  given case, net operating working capital would be $3,525.

Thus, by subtracting the current liabilities of Preza's company from its total current assets, its net operating working capital can be calculated by using concepts of liabilities, assets and capital, it is as follows:

Net operating working capital = Total current assets - Current liabilities= $4,750 - ($975 + $100 + $150)= $3,525. Therefore, the net operating working capital of Preza's company is $3,525.

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a family has decided to go away for the summer. the monthly mortgage payment on the family's house is $1,000. water, electricity, natural gas, and maintenance bills, to be paid by the family, will be $700 per month if the house is occupied and zero otherwise. if the family wishes to minimize losses from being away, it should rent the house for as much as the market will bear, as long as the monthly rent is above which of the following? (assume wear and tear to be the same whether or not the house is occupied.)

Answers

If the family wants to reduce the losses incurred while they are abroad, they should rent the property for whatever the market will bear, provided that the monthly rent is $700.

How do mortgages work and what exactly is one?

Your lender will provide you money to buy the property if you are granted a mortgage. You agree to make only interest payments against the principle of your loan over time. The lender will continue to have a claim on the home as long as the mortgage is not fully repaid.

What is covered by a mortgage payment each month?

Taxes, insurance, loan principle, and loan interest normally make up the first four components of your monthly mortgage payment. If you've never purchased a house before, you might be startled to learn how many different elements go into a mortgage payment. By combining these expenses into a one monthly payment, your lender simplifies things for you.

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if an economic integration has factor mobility, free move of product, labor, and capital, it should be .

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An economic integration with factor mobility, free movement of products, labor, and capital should be a Either common market or economic union.

What is either common market or economic union?

A common market allows for the free movement of goods, services, capital, and labor between the participating countries. This is different from other forms of economic integration, such as a customs union, which only allows for the free movement of goods.

By lowering or removing internal tariffs on products and establishing a unified collection of external tariffs, common markets facilitate the free flow of labor, capital, and many other productive assets. Economic unions closely integrate the country's economic strategies of the nations that make up its membership.

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unlike the classical economists, keynes asserted that

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The Keynes argued that, in contrast to the Classical economists, the economy was intrinsically unstable. While Keynesian Economics (also known as neoclassical economics) is founded on the notion that if demand is insufficient to meet total output.

The governments should intervene with fiscal measures, classical economics emphasizes the free market and supply and demand. The long-term state of the economy, in which all workers and resources are employed, is shown by the classical model. The Keynesian Model explains what occurs in the short term during expansions and recessions when the economy is performing above or below its potential.

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The question is incomplete complete question is given below

Unlike the classical economists, keynes asserted that the economy was inherently unstable.

Does the efficient markets hypothesis imply that the average investor will not earn anything by purchasing stock?
A) Yes, the efficient markets hypothesis implies that the best that the average investor can do is break even.
B) Yes, the efficient markets hypothesis implies that stock purchases are extremely risky and that the average investor has no hope of recovering any loss.
C) No, the efficient market hypothesis implies that the average investor should not expect to receive abnormally high returns on a consistent basis.
D) No, the efficient market hypothesis implies that the investor will consistently earn abnormally high returns by purchasing stock.

Answers

No, the efficient markets hypothesis does not imply that the average investor will earn anything by purchasing stock.

The efficient markets hypothesis states that the markets are efficient and that asset prices reflect all available information. As a result, stock prices reflect the collective expectations of investors, so it is not possible to consistently earn abnormally high returns by investing in the markets. The hypothesis implies that the best an average investor can do is to break even, as the market prices are usually in line with the investors’ expectations.

However, it is possible for investors to make money by buying stock. By researching the markets and individual companies and evaluating the potential risks, investors can make more informed decisions and possibly earn a return higher than the market average. But to do so requires a great deal of knowledge and understanding of the markets and investing.

In conclusion, the efficient markets hypothesis does not imply that the average investor will earn anything by purchasing stock. While it is possible for investors to make money by researching and making informed decisions, the markets are too efficient to make abnormally high returns consistently.

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Sheffield Corp. took a physical inventory on December 31 and determined that goods costing $208,000 were on hand. Not included in the physical count were $22,000 of goods purchased from Wildhorse Co., FOB, shipping point, and $24,500 of goods sold to Waterway Industries for $35,000, FOB destination. Both the Wildhorse purchase and the Waterway sale were in transit at year-end. What is the ending inventory

Answers

Sheffield Corp. ending inventory, based on physical inventory take on December 31 is $219,500.

Sheffield Corp. took a physical inventory on December 31 and determined that goods costing $208,000 were on hand. Not included in the physical count were $22,000 of goods purchased from Wildhorse Co., FOB, shipping point, and $24,500 of goods sold to Waterway Industries for $35,000, FOB destination.

Both the Wildhorse purchase and the Waterway sale were in transit at year-end.

The ending inventory of Sheffield Corp. can be calculated as follows:

Ending inventory = Physical inventory + Purchase in transit - Sales in transit

In the given case,

Physical inventory = $208,000

Purchase in transit = $22,000

Ending inventory = $208,000 + $22,000 - ($35,000 - $24,500)

Ending inventory = $208,000 + $22,000 - $10,500

Ending inventory = $219,500

Therefore, the ending inventory of Sheffield Corp on December 31. is $219,500.

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CAPM. The Capital Asset Pricing Model (CAPM) is a financial model that assumes returns on a portfolio are normally distributed. Suppose a portfolio had an average annual rate of return of 14.7% (i.e an average gain of 14.7%) with a standard deviation of 33%. A return of 0% means the value of the portfolio doesn't change, a negative return means that the portfolio loses money, and a positive return means that the portfolio gains money. What percent of years does the portfolio lose money, i.e. have a return less than 0% What is the cutting for the highest 27% of annual returns with this portfolio?

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Capital Asset Pricing Model (CAPM)The Capital Asset Pricing Model (CAPM) is a financial model that assumes returns on a portfolio are normally distributed. To calculate the percentage of years during which the portfolio loses money (i.e., the return is less than 0%), we can use the normal distribution formula.

68% of the data points fall within one standard deviation of the mean in a normally distributed dataset. Therefore, we can calculate the probability of a return of less than 0% by finding the proportion of data points that are one standard deviation below the mean: Return of the portfolio = 14.7%Standard deviation of the portfolio = 33%Probability of a return of less than 0% = P(Return < 0)P(Z < -0.59) = 0.2218, where Z is the standard normal distribution. The answer to the first part of the question is that the portfolio loses money approximately 22.18% of the time. Next, we can use the normal distribution formula to determine the cutoff point for the highest 27% of annual returns. Since we are looking for the highest returns, we will find the z-score that corresponds to the 73rd percentile (i.e., the cutoff point for the highest 27% of returns).

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workflow structures processes so work proceeds in the most __________ order.

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Workflow structures processes so work proceeds in the most efficient order.

The activities in the process and the transitions between them determine the structure of a workflow process. As a result, a workflow is a Graph with activities as vertices. Arcs serve as transitions (the graph that is formed by a workflow can be viewed by using the Visualize Workflow Process feature in the Process Definition Tool).

The graph formed by a process must meet certain criteria in order for the workflow engine to successfully interpret and run it. These criteria are presented in the section under two main headings: Graph Structure and Block Structure.

When creating process definitions, workflow designers should be aware of certain structural rules. When a Cram workflow process is validated, the validations determine whether the process structure conforms to these rules.

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patton dyes manufactures colorings, primarily for textiles. information on the work in process follows: beginning inventory, 180,000 partially complete liters. ending inventory, 150,000 liters; units are 25 percent complete with respect to materials and 60 percent complete with respect to conversion costs. started this month, 703,000 liters. assume that beginning inventory is 20 percent complete with respect to materials and 40 percent complete with respect to conversion costs. required: compute the equivalent units for materials using fifo. compute the equivalent units for conversion costs using fifo.\

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FIFO method of equivalent unit calculation: FIFO stands for first in, first out. In the FIFO method, you calculate the equivalent units of work in process under the assumption that the first unit that was started is also the first unit that is finished. FIFO equivalent units for conversion costs = 553,000 + (150,000 x 0.60) - (180,000 x 0.40)= 553,000 + 90,000 - 72,000= 571,000 liters

The FIFO method is useful when you want to determine how much material or conversion costs were used during a specific period of time. You can use the following formula to calculate the equivalent units of work in process:

FIFO equivalent units = Units completed + (Ending inventory x Percentage complete) - (Beginning inventory x Percentage complete)

Here's how you can calculate the equivalent units of work in process for Patton Dyes:Equivalent units for materials using FIFO:Units completed: 553,000 liters. Ending inventory: 150,000 liters. Percentage complete: 25% (given)

Beginning inventory: 180,000 liters. Percentage complete: 20% (given). FIFO equivalent units for materials = 553,000 + (150,000 x 0.25) - (180,000 x 0.20)= 553,000 + 37,500 - 36,000= 554,500 liters. Equivalent units for conversion costs using FIFO:Units completed: 553,000 liters. Ending inventory: 150,000 liters. Percentage complete: 60% (given). Beginning inventory: 180,000 liters. Percentage complete: 40% (given).

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Which of the following statement is the best regarding JIT?I. It is a philosophy that relates to the way in which a manufacturing company organizes and operate its business.II. It is a set of techniques to make manufacturing more productive.III. It is concerned with adding value to the product. 14.00 stion Select one:A. all the above are trueB. only I and II are trueC. only I and III are trueD. only II and Ill are true

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The phrase "a theory that relates to the method in which a manufacturing organisation organises and manages its business" best sums up JIT (Just-In-Time). As a result, only assertion I is accurate.

What is the just in time (JIT) systems' guiding principle?

JIT manufacturing is a strategy built on decreasing waste, increasing overall quality control, and lowering manufacturing costs. JIT's key goal is to produce the appropriate amount of product at the appropriate time and location while keeping a small amount of work-in-process and finished work in stock.

What does the term "just" in JIT manufacturing mean?

A production strategy known as "just-in-time manufacturing" (JIT manufacturing) relies on the idea that goods should only be produced when they are actually needed.

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A company can reduce its costs by using ebusiness to change its business processes. Which of the following does not represent an example of how a company can reduce its costs through ebusiness? Creating an online travel reservation. Ordering a product online. Researching products to find the lowest price and visiting the store to purchase the item. All of these.

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The one that does not represent an example of how a company reduce its costs via e-business is "researching products to find the lowest price and visiting the store to purchase the item." Thus, C is correct.

What is e-business?

E-business or Electronic business is any commercial or business activity that occurs through the use of the internet or other electronic technologies. E-business has become increasingly popular over the years as it allows for more efficient and cost-effective business operations.

In order to reduce costs, a company can use e-business to streamline business processes. For example, a company can use e-business to automate manual processes such as order processing, invoicing, and inventory management. This can help to reduce the cost of labor and reduce errors that can occur in manual processes.

In addition, e-business can help to reduce costs by allowing companies to reach a wider audience through online marketing and sales. This can help to reduce the cost of marketing and sales activities as well as increase sales by reaching a wider audience.

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Question 1Share ValuationThe board of Santova Ltd is exploring ways to expand the number of shares outstanding in an effort to reduce themarket price per share to a level that the firm considers more appealing to investors.

The options under consideration are a 20% stock dividend and, alternatively, a 5-for-4 stock split. At the same time, the firm’s equity account and other per-share information are as follows:

Preferred stock0Common stock ( 100,000 shares at R1 par)100000Paid-in capital in excess of par900000

Retained earnings700000Total stockholders' equity1700000Share priceR30EPSR3,60DPSR1,08P/ER8,33a)

Show the effects on the equity account, EPS and P/E ratio of a 20% of a stock dividend.

After stock 20% dividendPreferred stockCommon stock ( )[2]Paid-in capital in excess of par[2]Retained earnings[2]Total stockholders' equity0[2]Change in price[1]Net Income[1]Change in EPS[1]b) Show the effect on the equity accounts, EPS and P/E ratio of a 5-for-4 stock split.

After 5-for-4 stock splitPreferred stockCommon stock ( )[2]Paid-in capital in excess of par[2]Retained earnings[2]Total stockholders' equity0[2]Change in price[1]Change in EPS[1]Change in the number of Outstanding shares. ​

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The effects on the equity account, EPS and P/E ratio of a 20% of a stock dividend is represented

common stock = 120,000. Paid-in capital in excess of par account after the dividend

= 580,000. Revised balance = 1480,000.

Total stockholders’ equity is equals to 17,000,000.

Change in price is decrease by $ 5.

The earnings per share (EPS) after the dividend is equals to the 3.

Change in EPS = Decrease by 0.6.

Change in number of outstanding shares is equals to the increase by 20,000 shares.

Dividends means the distribution of company's profit into it's shareholders and stock dividend is defined as percentage increase in number of shares held. The number of shares of common stock after the dividend is shares = 100,000 x (1 + 20%) = 120,000

The balance in the common stock account after the dividend is = 120,000 x $ 1 = 120,000

The balance in the paid-in capital in excess of par account after the dividend is $ = 20,000 x (Current price - par value) = 20,000 x (30 - 1) = 580,000

Revised balance = 580,000 +900,000

= 1480,000

The balance in the retained earnings account after the dividend is = Current balance - new number of shares x current share price = 700,000 - (120,000 - 100,000) x 30 = 100,000

Total stockholders’ equity = 120,000 + 1480,000 + 100,000 = 17,000,000

The price per share of common stock after the dividend is total wealth remain the same. Hence, the price per share of common stock after the dividend is

= Share price before dividend / (1 + % dividend) = 30 / (1 + 20%) = $ 25

Change in price = decrease by $ 5

The earnings per share (EPS) after the dividend is = 3.6 / (1 + 20%) = 3

Change in EPS = Decrease by 0.6. Hence, the change in number of outstanding shares is increase by 20,000 shares.

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Which of the following is a marketing format that uses banner ads and pop-ups with interactive features?a. video adsb. search engine adsc. rich media adsd. e-mail adse. display ads

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The marketing format that uses banner ads and pop-ups with interactive features is called rich media ads. option (c) is the correct answer.

Banner ads are the most popular type of online advertising because they are cost-effective and have a high reach. Pop-up ads are ads that appear in a new browser window when a user clicks on a hyperlink or when a page is loading.

They can be very annoying, and users usually close them immediately. However, pop-ups can be useful if they provide relevant information or offer a discount or free trial to users who complete a short survey or enter their email address. Pop-ups can also be used to promote events or new products or services.

Rich media ads are a type of online advertising that uses banner ads and pop-ups with interactive features.

Search engine advertising is a type of online advertising that appears on search engine results pages (SERPs).

Email ads are ads that are sent to users’ email inboxes.  

Therefore option C is the correct answer rich media ads.

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