Answer:
None of the other answers are correct
Explanation:
February Data is given as :
Total Sales Revenue = $160,000
Total Cash Collections = $172,000
Thus the using the February Total Credit Sales in January will be
40 % = February Cash Collection
= $172,000 × 40%
= $68,800
50 % of remainder = February credit sales collection
= (172,000 - 68,800) × 50%
= $51,600
50 % of remainder = January credit sales collection
= (172,000 - 68,800) × 50%
= $51,600
Then January Credit Sales will be : $51,600 × 2 = $103,200
But this is only 60 % of the total sales.
The full 100 % will be : 100 % / 60 % × $103,200 = $172,000
Therefore,
Using this data give None of the other answers are correct
Your brother has been offered a project paying a $725 annuity due for the next 15 years. What is the maximum amount of money your brother should invest in this project if he has a 12.45 percent rate of return on the investment?
a. $124.73
b. $4,821.50
c. $2,985.03
d. $5,421.78
Answer:
d. $5,421.78
Explanation:
We need to calculate the Net Present Value using the Internal Rate of Return given on this project. This would give us the maximum amount of money your brother should invest in this project. By doing this, we get the Initial cost that equals the present value of the annual cashflows and this is the maximum that can be invested.
Using a Financial Calculator, the Net Present Value will be calculated as follows :
Use the CFj function
$725 CFj
Nj 15 (for number of years)
i 12.45 %
Shift NPV = $5,421.78
Therefore, the maximum amount of money your brother should invest in this project is $5,421.78.
According to the liquidity preference model, if the Federal Reserve increases the money supply, the equilibrium interest rate ________, and this leads to _________ in the quantity demanded of nonmonetary interest-bearing financial assets.
a) falls; an increase.b) falls; a decrease.c) rises; an increase.d) rises; a decrease.
Answer:
b) falls; a decrease
Explanation:
According to the liquidity preference model, if the Federal Reserve increases the money supply, the equilibrium interest rate falls and this leads to a decrease in the quantity demanded of non-monetary interest-bearing financial assets.
Liquidity preference model which is also the Keynesian theory of money demand, says that people need money for three major objective transaction motive, precautionary motive, and speculative motive. The increase in money supply decreases interest rate and increases the quantity of money demanded and the decreases the quantity demanded of non-monetary interest-bearing financial assets.
In ________, salespeople are independent contractors who not only sell the product, but also recruit additional salespeople.
Answer:
Multi-level marketing.
Explanation:
A business organization that is run with multi-level marketing strategy typically has 3 sources of income:
- The amount of money that each person have to pay in order to gain the membership status.
- The amount of money that memberships owners have to pay to be a distributor of their product
- The amount of money that they get from the sales of their product.
Most multi-level marketing companies will provide their members with some sort of 'Reward' if they managed to convert other people into purchasing memberships to organization. So, the more their members convert other people, the more wealthy that members will be. This will create a hierarchy like within an organization where the members who bring the most memberships place at the top of the hierarchy.
Lacy set her textbook under her chair in her business law class and then forgot to take it with her when she left the classroom. A janitor later discovered the textbook and gave it to the Dean of the Business College. In this situation:___________.a. the college is a constructive bailee, obligated to return the textbook to Lacy, and until it does, it is liable for harm to the property.b. the college is a bailee by agreement because holding items in a lost and found box is generally part of the college-student agreement when the student enrolls for classes.c. the college is responsible for the discovered textbook because in this situation, the college is subject to implied warranties unless the college has disclaimed such warranties in the student handbook.d. this is a bailment for the sole benefit of the bailee.
Answer:
a. the college is a constructive bailee, obligated to return the textbook to Lacy, and until it does, it is liable for harm to the property.
Explanation:
When a party comes into possession of a property not by contractual agreement, they are referred to as constructive bailee and are obligated to take care of the property till it is returned to the owner.
The bailee does not willingly take possession of the property, rather unforseen circumstances leads to them possessing it.
This is common when a person forgets his property in a place.
In the given scenario the college (Dean of Business College) became a constructive bailee when they recieved the misplaced textbook. So they are obligated to care for the textbook till it get back to Lacy or be held liable for any harm done
Mr. Gomez is a company president who inspires his workers to be their very best and achieve high accomplishments. He encourages them to trust their capabilities and be confident. Mr. Gomez is exhibiting:____________.
a. inspirational motivation
b. charisma
c. developmental value
d. managerial prowess
Answer:
c is the correct answer
There are different kinds of leaders. Mr. Gomez is exhibiting Charisma.
Charismatic authority is known to be a type of leadership created by the German sociologist Max Weber. It is an organization setting where leadership authority gets it power from the charisma of the leader.
This type of leadership is when a leader uses charismatic qualities to inspire followers. Example is Martin Luther King Jr.
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Magix Productions orders new equipment for the company. The new equipment costs $50,000 and will help the company to save $10,000 annually. What is the average rate of return of the equipment?
A. 15 percent
B. 20 percent
C. 35 percent
D. 40 percent
Answer:
B. 20 percent
Explanation:
The computation of the average rate of return of the equipment is shown below:
= Average net profit or savings ÷ average investment
= ($10,000 ÷ 2) ÷ ($50,000 ÷ 2)
= $5,000 ÷ $25,000
= 20%
hence, the average rate of return of the equipment is 20%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
A firm has a return on equity of 16 percent. The total asset turnover is 1.5 and the profit margin is 9 percent. The total equity is $3,500. What is the net income?
Answer:
the net income is $560
Explanation:
The computation of the net income is shown below;
Return on equity (ROE) = net income ÷ total equity
16% = net income ÷ $3,500
net income = $3,500 × 16%
= $560
hence, the net income is $560
We simply applied the above formula so that the correct value could come
And, the same is to be considered
All member states of the European Union apply a single set of tariffs, called the ____ tariff, on goods imported from outside the European Union
Answer:
Common Customs
Explanation:
A tariff is a form of tax levied on the import of goods and services. It is used to regulate the import of goods.
Tariffs are used to regulate imports as they increase the price of imports
****ECONOMICS****Which situation is an example of a person making use of credit?
A. A mechanic borrows money from a bank to buy a new set of
expensive tools.
B. A farmer changes the type of crops she grows to make a greater
profit.
C. An architect puts his weekly paychecks into a savings account at
a local bank.
D. A college student saves money in order to buy a cheap used car.
Answer:
A.
Explanation:
Using credit is borrowing.
The situation that represents the example of using credit is borrowing some money for purchasing expensive tools.
The following information does not relate to the usage of credit:
When the types of crops vary for the highest profit. When the architect puts the weekly paychecks at the local bank.And, when the college student saved the money for purchasing the cheap and used car.Based on the above information we can conclude that the situation that represents the example of using credit is borrowing some money for purchasing expensive tools.
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Two major concerns of Management Accounting are:
a. Controlling and Executing.
b. Controlling and Investigating.
C. Planning and Controlling.
d. Planning and Investigating.
Suppose Rhonda owns and operates a surf shop. Last week, Rhonda ran a 30-percent off sale on all items in her shop and her revenues decreased by 35 percent. Everything else held constant, it can be concluded with certainty that Rhonda's customers' demand is:________.
A. price inelastic
B. price elastic
C. unit elastic
Answer:
Explanation:
price elasticity of demand = percentage change in quantity demanded / percentage change in price
revenue = price x quantity
if price decreased by 30% and total revenue decreased by 35%, then PED is inelastic
a will show you in an example
original price = $10
original quantity = 100
if PED was unit elastic
= 30% / -30% = -1, sales volume increased by 30%
total revenue went form $1,000 to $910
if PED was elastic
= 50% / -30% = -1.7, sales volume increased by more than 30%, lets say 50%
total revenue went from $1,000 to $1,050
if PEd was inelastic
= 10% / -30% = -0.33, sales volume increased by less that 30%, lets say 10%
total revenue went from $1,000 to $770
the more inelastic, the larger the decrease in total revenue
The demand of Rhonda's customers would be characterized as:
A). Price Inelastic
"Price Inelastic demand" is described as the demand in which the demand remains a little affected by a bigger change in the price of that product or commodity. In the given situation, the demand for the surf at Rhonda's shop would be considered price inelastic because, despite the 30% off, the revenue of her shop decreased. This implies that the surf exemplifies an essential item and its consumers are not much affected by the fall in the price.
Thus, option A is the correct answer.
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When analyzing the Production Possibility Curve, what is the value of a good given up in order to produce more of another good?
Answer:
reschedule for next week and I will be there in a few minutes to
Your Boston-headquartered manufacturing company, Wruck Enterprises, obtained a 54-million-peso loan from a Mexico City bank last month to fund the expansion of your Monterrey, Mexico, plant. The exchange rate was 14 U.S. cents per peso when you took out the loan, but since then the exchange rate has dropped to 7 U.S. cents per peso. Has Wruck Enterprises made a gain or a loss due to the exchange rate change, and how much
Answer: 3.78 million dollars
Explanation:
Based on the information given in the question, the amount of money that Wruck Enterprises would pay when the exchange rate is 7 US cents per peso would be:
= 54-million × 7 cent
= 378,000,000 cent
= 3.78 million dollars
When the exchange rate was 14 U.S. cents per peso , the amount paid would have been:
= 54 million × 14 cent
= 756,000,000 cent
= 7.56 million dollars
Therefore, Wruck Enterprises made a gain of (7.56 million - 3.78 million) = 3.78 million dollars
Economies of scale are associated with:________
a. indivisible setup costs.
b. diminishing marginal productivity.
c. zero setup costs.
d. the short run.
Answer:
b. diminishing marginal productivity.
Explanation:
Economies of scale means that as total output increases, the average total cost per unit decreases. This continues until a point where marginal costs will start to increase as well as average total cost per unit. In other words, marginal productivity decreases as total output increases, and at one point it will become negative.
Baker is single and earned $225,200 of salary as an employee in 2018. How much should his employer have withheld from his paycheck for FICA taxes? (Rounded to the nearest whole dollar amount)
A) $11,453
B) $10,861
C) $10,415
D) $15,892
Answer: $11,453
Explanation:
In 2008:
FICA-Social Security tax was payable at 6.2% of a limit of $128,400.
FICA-Medicare tax was payable at 1.45% of the total amount of $225,200.
Additional Medicare tax was payable on any amount in excess of $200,000 at 0.9%.
= (6.2% * 128,400) + (225,200 * 1.45%) + ( (225,200 - 200,000) * 0.9%))
= $11,453
According to Miller and Modigliani, in a world without taxes or the possibility of bankruptcy, the value of a firm with debt is.:_____
Answer:
the same as the value of a firm without debt.
basic premise is:
V levered = V unlevered
Explanation:
The Miller and Modigliani theory was developed for a tax free world. Its application on normal everyday life and reality is limited. Markets are not efficient and decisions are not always rational. It is a very good model form a theoretical point of view, but theory is not the same as reality.
Studies have shown that the single greatest factor preventing travelers from taking a group tour is their aversion to airline travel.
True or False
Answer:
True
Explanation:
im not sure qwq
The East Company manufactures several different products. Unit costs associated with Product ORD105 are as follows: Direct materials $92 Direct manufacturing labor 32 Variable manufacturing overhead 12 Fixed manufacturing overhead 32 Sales commissions (2% of sales) 26 Administrative salaries 6 Total $200 What is the percentage of the total variable costs per unit associated with Product ORD105 with respect to total cost
Answer:
81%
Explanation:
Variable cost per unit = Direct material + Direct manufacturing labor + Variable manufacturing overhead + Sales commission
Variable cost per unit = $92 + $32 + $12 + $26
Variable cost per unit = $162
Total cost per unit = $200
Percentage of variable cost per unit to Total cost per unit = Variable cost per unit/Total cost per unit = 162/200 = 0.81 = 81%
________ refers to the demand and availability of an occupation.
i think profession
Explanation:
so it can be right also wrong also
The aggregate planning approach that lends itself to examining many solutions is:_________
A. the transportation method of linear programming.
B. graphical techniques.
C. the linear decision rule.
D. Bowman's management coefficients model.
Answer:
B. graphical techniques.
Explanation:
The graphical methods would be applied in the case when the facts are assessed in a quantitive way. Also it is a main part for the investigation that contains exploratory information
Therefore in the given situation, for examining many solutions under the aggregate planning approach the graphical techniques would be considered
hence, the correct option is B
Mark, a project manager for a bottling company, has a $500,000 budget. As of today's date, $100,000 has been spent on the project. What is the project's actual cost?
a. $500,000
b. $400,000
c. $250,000
d. $100,000
When a finalist does not get a job offer, they are likely to perceive ________.
a. low procedural fairness
b. low distributive fairness
c. low interactional fairness
d. high interactional fairness
Answer:
b. low distributive fairness
Explanation:
Staffing is simply ways or means of acquirement, deployment, and retainant of a workforce of sufficient quantity and quality so as to give or bring about (create) positive impacts on the organization's/firm effectiveness. There are Three types of justice. They are: Distributive, procedural, and interactional. Distributive justice is based on perceived fairness of decision-making outcomes.
Distributive fairness is the perceived fairness of the hiring or promotion outcome.. when distributive justice is low, it means that there is a lack of fairness that people are getting rewarded what they should.
The money demand function for an economy is given by (M/P)d = (0.6Y)/(i1/2). If output is 1,000 units, the nominal interest rate is 9%, and the money supply is $1,200, the price level is _____.
Answer:
$0.6
Explanation:
Nominal interest rate (i) = 9% = 0.09
Output (Y) = 1,000
Money supply(M) = 1,200
==> (M/P)^d = (0.6Y) / i^(1/2)
==> 1200/P = 0.6*1000 / 0.09^(1/2)
==> 1200/P = 600 / 0.3
==> 1200/P = 2000
==> 1200 = 2000 * P
==> P = 1200/2000
==> P = $0.6
Therefore, the price level is $0.6
On August 1, a $39,600, 8%, 3-year installment note payable is issued by a company. The note requires equal payments of principal plus accrued interest of $15,366.13. The entry to record the first payment on July 31 would include: Multiple Choice Debit to Cash of $15,366.13. Credit to Notes Payable of $15,366.13 Debit to Interest Expense of $3,168.00. Debit to Notes Payable of $15,366.13 Credit to Cash $12,198.13
Answer:
Debit to Notes Payable of $15,366.13
Explanation:
The Notes Payable are debited and Cash is Credited. This is done to show the decrease in the Liability and a decrease in Assets as a result of the repayment.
In Maslow's hierarchy, managers must first ensure a person's _______ needs are fulfilled in order to have a motivated workforce.
a. esteemb. belongingnessc. physiologicald. sociale. self-actualization
Answer:
c. Psychological
Explanation:
Maslow's heirachy of needs states that people are driven to find a job or a means of livelihood because of various motivation factors. These needs must be satisfied before a person looks to obtain other less important needs.
The first level of needs are the psychological needs. These have to be satisfied before an employee will look to other needs.
They include man's basic needs to live like food, shelter, and clothing.
After these are satisfied one can now focused on security needs, social needs, esteem needs, and self actualization.
Assuming that an investor requires a 10% annual yield over the next twelve years, how much would she be willing to pay for the right to receive $20,000 at the end of year 12?
Answer:
the present value is $6,372.62
Explanation:
The computation of the amount that willing to pay is shown below
As we know that
Future value = Present value × (1 + rate of interest)^number of years
$20,000 = Present value × (1 + 0.10)^20
$20,000 = Present value × 3.13842837
So, the present value is
= $20,000 ÷ 3.13842837
= $6,372.62
hence, the present value is $6,372.62
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter reveals the following
FixedBudget
Sales (16,000 units X $211 per unit) 2184,000
Cost of goods sold
Direct materials 322,000
Direct labor 602,000
Production supplies 392,000
Plant manager salary 122,000 14,38,000
Gross profit 13,76,000
Selling expenses
Sales commissions 112,000
Packaging 210,000
Advertising 100,000 422,000
Administrative expenses
Administrative salaries 172,000
Depreciation-office equip. 142,000
Insurance 112,000
Office rent 122,000 548,000
Income from operations 406,000
(1) Compute the total variable cost per unit.
(2) Compute the total fixed costs.
(3) Compute the income from operations for sales volume of 14,000 units.
(4) Compute the income from operations for sales volume of 18,000 units.
Answer:
Part 1
Consider the incremental effects as follows
Sales (2,300 × $75) $172,500
Less Variable Costs ( 2,300 × $25) ($57,500)
Contribution $115,000
Less Fixed Costs ($12,500)
Change in Operating Income $102,500
Part 2
Consider the incremental effects as follows
Sales (2,300 × $75) $172,500
Less Variable Costs ( 2,300 × $25) ($57,500)
Contribution $115,000
Less Fixed Costs ($12,500)
Change in Operating Income $102,500
Part 3
Consider the incremental effects as follows
Sales (2,300 × $75) $172,500
Less Variable Costs ( 2,300 × $25) ($57,500)
Contribution $115,000
Less Fixed Costs ($12,500)
Change in Operating Income $102,500
Monopoly firms face a. downward-sloping demand curves, so they can sell only the specific price-quantity combinations that lie on the demand curve. b. horizontal demand curves, so they can sell only a limited quantity of output at each price. c. horizontal demand curves, so they can sell as much output as they desire at the market price. d. downward-sloping demand curves, so they can sell as much output as they desire at the market price.
Answer:
Option d (downward..................................market price) would be the right approach.
Explanation:
The monopoly is attributed to the idea that an organization and therefore its distribution channels control one market or business. Monopolies may be called a social consequence of unlimited access competition and therefore are frequently further used to characterize an organization that had already absolute or relatively close market power.Other options aren't connected to something like the situation in question. So the above alternative seems to be the right one.
A time draft is a negotiable instrument, which means that it:_______
a. is also known as a bill of lading.
b. has no value given the deferred nature of the document.
c. can be sold to an investor.
d. cannot be transferred.
e. is generally not preferred in international transactions.
Answer:
c. can be sold to an investor.
Explanation:
The time draft would permits the draft bearer having two options that involved to sell it at a discount prior to the maturity time or hold it till maturity in the case when the amount is fully paid
Therefore as per the given situation, the time draft means that it could be sold to an investor
hence, the correct option is c
ANd, the rest of the options are wrong
If Congress votes to increase spending and taxes by the same amount, what is the effect on employment and interest rates
Answer:
a. Increase / Increase
Explanation:
Since in the question it is mentioned that there is an increase in taxes and government spending so it represents the positive stimuls as it occurs because the government incurrent all the revenue for the public welfare due to which there is a rise in the government expenditure that boost the aggregate demand also the GDP value would be rise because of the multiplier effect
Therefore the employment level and the rate of interest would also increased
Answer:
The correct answer was increase / no change
Explanation:
Just took the test
