An agent who accepts a bribe to purchase goods for a principal from a seller who is a personal friend breaches his ________ duty by taking the money, since it is the agent's duty to work only for the best interests of the principal. Group of answer choices

Answers

Answer 1

Answer: fiduciary

Explanation:

An agent who accepts a bribe to purchase goods for a principal from a seller who is a personal friend breaches his fiduciary duty by taking the money, since it is the agent's duty to work only for the best interests of the principal.

Fiduciary has to do with trust which exists between a beneficiary and a trustee or an agent and the principal.


Related Questions

Quick Company's lease payments are made at the end of each period. Quick's liability for a capital lease will be reduced periodically by the minimum lease payment, adjusted by:

Answers

Question:

Quick Company’s lease payments are made at the end of each period. Quick’s liability for a capital lease will be reduced periodically by the

A. Minimum lease payment.

B. Minimum lease payment plus the amortization of the related asset.

C. Minimum lease payment less the amortization of the related asset.

D. Minimum lease payment less the portion of the minimum lease payment allocable to interest.

Answer:  

The correct choice is D.

Explanation:

The present value of the minimum lease payments is the lease payable. The total amount of lease payable is diminished by the percentage of the lease payment chargeable to the lease owed.

This amount is the lease payment minus the interest on the payment. Therefore, the liability is reduced by the minimum lease paid in each period minus the portion of the payment allocable to interest.

Cheers!

A written statement of what a job holder does, how it is done, under what conditions it is done, and why it is done is

Answers

Answer: Job description

Explanation:

A job description is a written statement that shows the responsibility of a worker in a particular organization. A job description can also include the details about the company such as the mission and vision of the company and its culture.

The job description is a written statement of what a job holder does, how it is done, under what conditions it is done, and why it is done.

Debt financing has one important advantage that the early Modigliani and Miller (MM) propositions ignored: the interest on business debt is tax deductible. This benefit means that the amount of taxes that a business is required to
pay will be reduced by a phenomenon called an interest tax shield, which is a function of the amount of debt in the firm's capital structure and its tax rate. In contrast, the dividends that a corporation pays on its common and
preferred shares are not tax deductible.

Consider the case of Green Llama Foodstuffs, Inc.:

At the beginning of the year, Blue Chipmunk Foodstuffs, Inc. had an unlevered value of $8,500,000. It pays federal and state taxes at the marginal rate of 40%, and currently has $2,500,000 in debt capital in its capital structure.

According to MM Proposition I with taxes, Green Llama Foodstuffs is allowed to recognize a tax shield of ___________, and the levered value of the firm is:

a. $7,100,000
b. $12,500,000
c. $9,900,000
d. $4,500,000

Answers

Answer:

c. $9,500,000

Explanation:

Un-levered value = $8,500,000

Tax= 40% = 0.4

Debt capital= $2,500,000

Tax shield = Debt capital * Tax

Tax shield = $2,500,000 * 0.4

Tax shield = $1,000,000

Levered value = Unlevered value + Tax shield

Levered value = $8,500,000 + $1,000,000

Levered value = $9,500,000

A 12-year, 5% coupon bond pays interest annually. The bond has a face value of $1,000.__________ Fill in the blank, read surrounding text. % is the percentage change in the price of this bond if the yield to maturity rises to 6% from the current yield to maturity of 4.5%

Answers

Answer:

12.38% decrease

Explanation:

Given the following parameters

6%

Number of years = 12

Market yield I= 6 === 4.5

Present Value = 916.16 == 1045.59

PMT (annuity payment) = 50 (5%x1000)

Future value = 1000

Therefore, to solve for the percentage change, we have in the price of this bond in this situation, we have (916.16-1045.59) / 1045.59 = -0.1238

Hence, 12.38% decrease is the percentage change in the price of this bond if the market yield rises to 6% from the current yield of 4.5%,

The percentage change in the price of this bond will be -12.38%.

The price of the bond at 4.5% is calculated thus:

Yield to maturity = 4.50%Years left to maturity = 12Annual coupon rate = 5%Face value = $1000.Annual coupon payment = $50Price of the bond at 4.5% = $1045.59

The price of the bond at 6.0% is calculated thus:

Yield to maturity = 6.00%Years left to maturity = 12Annual coupon rate = 5%Face value = $1000.Annual coupon payment = $50Price of the bond at 6.0% = $916.16

The percentage change in price will be:

= (916.16 - 1045.59) / 1045.59

= -12.38%

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Cadiz Co. uses flexible budgets to control its selling expenses. Monthly sales are expected to be from $300,000 to $360,000. Variable costs and their percentage relationships to sales are: Sales commissions 5% Advertising 4% Traveling 7% Delivery 1% Fixed selling expenses consist of sales salaries $40,000 and depreciation on delivery equipment $10,000. The actual selling expenses incurred in February, 2019, by Cadiz are as follows: Sales commissions $17,200 Advertising 12,000 Traveling 23,700 Delivery 2,400 Fixed selling expenses consist of sales salaries $41,500 and depreciation on delivery equipment $10,000. Prepare a flexible budget performance report, assuming that February sales were $330,000.

Answers

Answer:

Cadiz Co.

Flexible Budget Performance Report:

                                                       Budget

                                       Flexible            Actual       Variance

Sales                             $330,000       $330,000        $0

Variable costs:

Sales commissions           16,500            17,200         700  U

Advertising                        13,200            12,000      1,200  F

Traveling                           23,100            23,700        600  U

Delivery                              3,300             2,400         900  F

Fixed selling expenses:

Sales Salaries                  40,000           41,500       1,500  U

Depreciation: delivery     10,000           10,000         0       None

Total                                                                            700  U

Explanation:

a) Data:

                                                       Budget

                                          Static            Actual             Variance

Sales                             $360,000       $330,000      $30,000  U

Variable costs:

Sales commissions           18,500            17,200             1,300  F

Advertising                        14,400            12,000            2,400  F

Traveling                          25,200           23,700             1,500  F

Delivery                              3,600             2,400             1,200  F

Fixed selling expenses:

Sales Salaries                  40,000           41,500             1,500  U

Depreciation: delivery     10,000           10,000                 0     None

b) Flexible Variable Expenses:

Sales commission = 5% of $330,000 = $16,500

Advertising =  4% of $330,000 = $13,200

Traveling = 7% of $330,000 = $23,100

Delivery = 1% of $330,000 = $3,300

c) Cadiz Co.'s flexible budget changes with respect to the volume of sales.  Since some percentages of the sales are given for Sales commission, advertising, traveling, and delivery, these change as the volume of sales changes.  This flexible budget forms the basis for the management of Cadiz Co. to judge the actual performance with the budget, which enables control to be instituted.

Rossdale Co. stock currently sells for $72.87 per share and has a beta of 1.22. The market risk premium is 7.10 percent and the risk-free rate is 2.90 percent annually. The company just paid a dividend of $4.29 per share, which it has pledged to increase at an annual rate of 3.45 percent indefinitely. What is your best estimate of the company's cost of equity?

Answers

Answer:

Cost of Equity =11.56%

Explanation:

The cost of equity can be determined using any of the following methods:

The Dividend Valuation Model(DVM)Capital Asset Pricing Model (CAPM)

The Dividend Valuation Model(DVM) is a technique used to value the worth of an asset.

According to this model, the value of an asset is the sum of the present values of the future cash flows would that arise from the asset discounted at the required rate of return.  

Price = D/Kp

D- Dividend payable

Kp- cost of preferred stock

The capital asset pricing model (CAPM): relates the price of a share to the market risk or systematic risk. The systematic risk is that which affects all the all the economic agents, e.g inflation, interest rate e.t.c  

This CAPM is considered superior to DVM because it incorporates risk. Hence, we will use the CAPM  

Using the CAPM , the expected return on a asset is given as follows:  

E(r)= Rf +β(Rm-Rf)  

E(r) =? , Rf- 2.90%, Rm-Rf- 7.10% β- 1.22

E(r) = 2.90% + 1.22×(7.10)% = 11.562  %

Cost of Equity =11.56%

On January 1, Power House Co. prepaid the annual rent of $10,140. Prepare the journal entry to record this transaction.

Answers

Answer and Explanation:

The journal entry to record the given transaction is shown below:

Prepaid rent Dr $10,140

          To Cash $10,140

(Being the prepaid annual rent paid in cash is recorded)

For recording this we debited the prepaid rent as it increased the assets and credited the cash as it reduced the cash so that the proper posting could be done  

Prior to setting pricing options for its products to maximize profit, a company must: a. determine whether it should use horizontal or vertical integration. b. select appropriate corporate-level strategies. c. perform value-chain functional activities.

Answers

Answer: b. select appropriate corporate-level strategies

Explanation:

Prior to setting pricing options for its products to maximize profit, a company must select appropriate corporate-level strategies.

This is necessary in order to ensure that the strategies aligns with what the organization is willing to do in order to achieve its profit maximization goal.

What is the expected yield on the market portfolio at a time when Treasury bills are yielding 6%, and a stock with a beta of 1.5 is expected to yield 18%

Answers

Answer:

8%

Explanation:

According to CAPM :

expected stock yield =risk free rate + (beta x market yield)

6% + 1.5 x market yield = 18%

18% - 6% = 1.5market yield

solving for market yield gives

market yield = 8%

Two investment advisers are comparing performance. Adviser A averaged a 20% return with a portfolio beta of 1.5, and adviser B averaged a 15% return with a portfolio beta of 1.2. If the T-bill rate was 5% and the market return during the period was 13%, which adviser was the better stock picker

Answers

Answer:

Based on the results, Adviser A's choice of stocks yielded a greater excess return. Thus, he was a better stock picker.

Adviser A's excess return = 3%

Adviser B's excess return = 0.04%  

Explanation:

To compare the performance of the two stock advisers, we first need to determine the required or expected rate of return of both the portfolios.

Using the CAPM, we can calculate the expected rate of return for each portfolio.

The equation for CAPM is,

r = rRF + Beta * (rM - rRF)

Where,

rRF is the risk free raterM is the return on market

Adviser A

r = 0.05 + 1.5 * (0.13 - 0.05)

r = 0.17 or 17%

The required rate of return of Adviser A's portfolio was 17% while his portfolio yielded a return of 20% on average. The excess return on the portfolio was 20 - 17 = 3%

Adviser B

r = 0.05 + 1.2 * (0.13 - 0.05)

r = 0.146 or 14.6%

The required rate of return of Adviser B's portfolio was 14.6% while his portfolio yielded a return of 15% on average. The excess return on the portfolio was 15 - 14.6 = 0.04%

Based on the results, Adviser A's choice of stocks yielded a greater excess return. Thus, he was a better stock picker.

Interviews are designed to determine if the employer feels a candidate is a good fit for the job. What benefit does an interview offer the job candidate

Answers

Explanation:

The job interview is a form of selection used by companies to select candidates for a job more effectively, because through it, the recruiter will meet the candidate in person, ask questions about issues related to his resume and his professional experiences , as well as the opportunity to analyze the way you communicate, your interests and your personality.

The advantage of the interview for the job candidate is to demonstrate your good intentions when occupying the job through an ethical, cordial posture and to have the opportunity to talk about some professional experiences that may be of interest to the employer and the company. It is also an opportunity for the candidate to clarify doubts about the responsibilities of the position and any other doubts related to the company or job function.

HighLife Corporation has the following information: Average demand = 30 units per day Average lead time = 40 days Item unit cost = $45 for orders of less than 400 units Item unit cost = $40 for orders of 400 units or more Ordering cost = $50 Inventory carrying cost = 15 percent The business year is 300 days. Standard deviation of demand during lead time = 90 Desired service level = 95 percent What is the EOQ if HighLife pays $45/unit? Due to possible differences in rounding, choose the closest answer.\

Answers

Answer:

365.15 units

Explanation:

The computation of the economic order quantity is shown below:

[tex]= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}[/tex]

where,

Annual demand is

= 30 units × 300 days

= 90,000 units

ordering cost is $50

Carrying cost is

= $45 × 15%

= $6.75

Now placing these values to the above formula

So, the economic order quantity is

[tex]= \sqrt{\frac{2\times \text{90,000}\times \text{\$50}}{\text{\$6.75}}}[/tex]

= 365.15 units

We simply applied the above formula so that the EOQ could come

You haven't been able to spend much time talking with your team lately, but your workload should be back to normal soon. When you checked in with your team today, several associates joked about being surprised to see you.

Assuming all option are possible, what would you be most and least likely to do?

Answers

Answer and Explanation:

I would most likely do this:

Explain the issue to the team and praise them for their work in my absence. I would let them know there would be more time soon. It is very essential to praise and appreciate these efforts by the associates since I have been absent for a while and do not know what efforts they have been putting in.

I would be least likely to:

Talk to the manager to explain this situation or propose that my some of my commitments are eased for me to have more time with my team

The interest income received from older Industrial revenue bonds may be taxable to the holder at regular income tax rates if the holder is:

Answers

Answer:

the "substantial user" of the facility built with the proceeds of the issue.

Explanation:

An Industrial revenue bond (IRB) can be defined as any municipal debt security issued by a local or state government agency with respect to a private firm which intend to undergo a particular project such as building facilities,  purchasing heavy machinery or equipments.

The interest income received from older Industrial revenue bonds (IRB) may be taxable to the holder at regular income tax rates if the holder is the "substantial user" of the facility built with the proceeds of the issue because in the true sense it is only beneficial to the holder and not the larger community.

Suppose the exchange rate is 90 yen per U.S. dollar and the United States wants to keep the exchange rate at a target rate of 90 yen per U.S. dollar. If the demand for U.S. dollars decrease, the Fed ______
A. buys dollars to raise the exchange rate
B. sells dollars to raise the exchange rate
C. sells dollars to lower the exchange rate
D. buys dollars to lower the exchange rate

Answers

Answer:

Option A, buys dollars to raise the exchange rate, is the right answer.

Explanation:

Option A is correct because when the Fed will buy the dollars then only the demand for dollars will shift rightwards. Consequently, the dollar price or exchange rate will go up. Therefore, the Fed will buy the dollars to increase the exchange rate. In another case, if the Fed wants to decrease the exchange rate then it will sell the dollars, and selling of dollars will shift the supply rightwards. Thus, the exchange rate will fall.

The value of the currency of a country as contrasted to the other country or the economic region is called an exchange rate.

The correct answer is:

Option A. buys dollars to raise the exchange rate.

This can be explained as:

When Fed will purchase a dollar then, there will be shifts towards the right.

The transfer rate or the dollar price will rise.

So to enhance the economic measure dollar should be purchased.

To reduce the exchange rate dollar should be sold.

Therefore, Fed should buy dollars.

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Patterson Co.’s Depreciation Expense is $20,200 and the beginning and ending accumulated depreciation balances are $150,100 and $155,100, respectively. What is the cash paid for depreciation?

Answers

Answer: $0

Explanation:

Fron the question, we are informed that Patterson Co.’s Depreciation Expense is $20,200 and the beginning and ending accumulated depreciation balances are $150,100 and $155,100, respectively.

The cash paid for depreciation will be $0. It should be noted that depreciation has to do with the ear and tear of an asset because its usage therefore no cash will be paid for depreciation.

Jenny Corp. needs to raise $53 million to fund a new project. The company will sell shares at a price of $29.00 in a general cash offer and the company's underwriters will charge a spread of 7.5 percent. The direct flotation costs associated with the issue are $925,000. How many shares need to be sold?

Answers

Answer:

2,010,252 Shares

Explanation:

The funds that are to be raised = $53,000,000

Spread = 7.5%

Share price = $29.00

Flotation cost with issue = 925,000

We have that:

(53000000+925000)/92.5 * 100

(539,250,000/92.5)x100

= $58297.973 x 100

= $58297297.3

The offer per share is placed at $29.00

So to get the number of shares sold:

$58297297.3 / $29.00

= 2,010,252 shares are to be sold.

12-8. Dealerships for Subaru and other automobile manufacturers keep records of the mileage of cars they sell and service. Mileage data are used to remind customers of when they need to schedule service appointments, but they are used for other purposes as well. What kinds of decisions does this piece of data support at the local level and at the corporate level

Answers

Answer:

The Dealerships for Sabaru and other automobile manufacturers keeps records of the mileage of cars they sell and service due to various reasons. At the local level, it afford them the opportunity to know the car brand with the highest mileage being used by their customers.

Also, the ability to know the brand of car with least requirement for servicing. On the other-hand, at the corporate level, the records afford them the opportunity to know the automobile manufacturers which they will keep on trading with under dealership due to feedback from their customers.

Explanation:

The decisions that this piece of data supports at the local level and at the corporate level include the car that requires the least servicing.

From the complete information, it should be noted that the dealerships for Sabaru and other automobile manufacturers keep records of the mileage of cars they sell and service.

This can be pivotal in order to know the car brand with the highest mileage being used by their customers. Also, it's important to know the brand of car with the least requirement for servicing. At the corporate level, it's vital to know the automobile manufacturers that they'll continue trading with.

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If the poverty trap were made even more difficult to overcome because a working mother will have extra expenses like transportation and child care that a non-working mother will not face, then:_______.
a. she will have a powerful incentive to work more than job.
b. the family better off than if she did not work at all.
c. her economic grains from working will be even smaller.

Answers

The question is incomplete:

If the poverty trap were made even more difficult to overcome because a working mother will have extra expenses like transportation and child care that a non-working mother will not face, then:_______.

a. she will have a powerful incentive to work more than one job.

b. the family better off than if she did not work at all.

c. her economic grains from working will be even smaller.

d. The future is even more attractive.

Answer:

c. her economic grains from working will be even smaller.

Explanation:

The poverty trap is a situation in which having more income results on losing benefits. In this case, the poverty trap is more difficult to overcome because a working mother will have a salary but this results on her having additional expenses that she would not have if she was not working and this decreases the benefits she gets by having a job. Because of that, the answer is that her economic grains from working will be even smaller.

The other options are not right because she won't have an incentive to work more than one job because that would increase expenses like child care, the family won't be better as a result of the additional expenses and because of that, the future won't be more attractive.

Answer:

c. her economic grains from working will be even smaller.

Explanation:

In economics, the poverty trap refers to certain circumstances that make it very difficult for a poor person to become middle or upper class, or increase their income even if they continue to fall under the poverty line.

Imagine a situation where you work for a very low salary, and besides that, you must spend a large portion of your salary paying for transportation and childcare costs. The gains resulting from your work will decrease compared to a situation where you worked in a business that was located at a walking distance and childcare services were provided for free. The economic equation is simple, the higher the costs, the less the profit.

Which of these inventory changes would be accounted for prospectively? Select one: a. FIFO to LIFO, but not LIFO to FIFO b. LIFO to FIFO, but not FIFO to LIFO c. Both FIFO to LIFO and LIFO to FIFO d. Neither FIFO to LIFO nor LIFO to FIFO

Answers

Answer: a. FIFO to LIFO, but not LIFO to FIFO

Explanation:

Well the inventory changes which would likely be accounted for is the FIFO ( first in first out system ) to LIFO ( last in first out system ). But not the LIFO ( last in first out )  to FIFO ( first in first out ). This system are mostly used in sales where for FIFO the first goods to arrive leaves first and for LIFO the opposite of FIFO

You purchased a share of stock for $120. One year later you received $1.82 as a dividend and sold the share for $136. What was your holding-period return

Answers

Answer:

Holding period return =14.85 %

Explanation:

The return on stock is the sum of the dividends earned and capital gains made during the holding period of the investment.

Dividend is the proportion of the profit made by a company which is paid to shareholders.  

Capital gains is another type of the return made on an equity investment as a result of increase in the value of the shares. It is difference between the cost of the share and the value at the time of disposal.

Therefore, we can can compute the return on the investment as follows:

Holding period return = (Dividend + capital gain)/Begin Price of stock × 100  

Dividend = $1.82

Capital gains= 136 - 120 = 16

Total dollar return on Investment = 1.82 + 16= $ 17.82

                                      = 17.82/120 × 100 = 14.85 %

Holding period return =14.85 %

good is excludable if: a. it is Wi-Fi or a similar service. b. people who do not pay cannot be easily prevented from using the good. c. one person's use of the good does not reduce the ability of another person to use the same good. d. people who do not pay can be easily prevented from using the good.

Answers

Answer:

The correct answer is:

people who do not pay can be easily prevented from using the good. (d)

Explanation:

Excludable goods or services are those to which the consumer cannot have access unless payment of some form is made. By contrast, a non-excludable good or service is one to which the consumer cannot be prevented from using even without payment. Excludable goods can be further divided into rivalrous and non-rivalrous.

A rivalrous excludable good or service is one in which usage by a consumer or usage by one party prevents or reduces significantly, its use by another consumer or party examples are goods such as clothes, food, cars etc, while non-rivalrous excludable goods/services include tv subscriptions, cinemas, etc.

During December, Rainey Equipment made a $658,000 credit sale. The state sales tax rate is 6% and the local sales tax rate is 1.5%. Prepare the appropriate journal entry. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Answers

So starting out they purchase your equipment with a promissory note. That promissory note is Debited to your accounts receivable for the amount of sales price (658,000) + both sales & local taxes. 6%+1.5%= 7.5% so... 1+ (7.5%*658,000)=  $707,350

then your sales tax payable is credited like this 7.5%*658,000= $49,350

and of course credit, the sales price for $658,000

Explanation:

Accounts Receivable                   $707,350 Sales Revenue                            $658,000               Sales taxes payable                         $49,350

Good luck!

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During the current year, Chudrick Corporation expects to produce 10,000 units and has budgeted the following: net income $300,000, variable costs $1,100,000, and fixed costs $100,000. It has invested assets of $1,500,000. The company’s budgeted ROI was 20%. What was its budgeted markup percentage using a full-cost approach?

Answers

Answer:

25%

Explanation:

For the computation of budgeted markup percentage using a full-cost approach first we need to find out the profit expected and total cost which is shown below:-

Profit Expected = $1,500,000 × 20%

= $300,000

Total cost = Variable cost + Fixed cost

= $1,100,000 + $100,000

= $12,00,000

Budgeted Markup Percentage = Profit ÷ Total Cost

= $300,000 ÷ $12,00,000

= 25%

Contemporary businesses have embraced leaner corporate hierarchies, simultaneously relying on teams, eliminating division walls, and blurring the lines of authority. As teams and managers are abandoning the traditional command structure, excellent persuasive skills are becoming ever more important at work.To be persuasive, you must be respectful and _________a. Authentic b. Commanding c. Blunt d. Authoritative How has persuasion changed in the digital age? a. All businesses are in the persuasion business b. Persuasion is more complex and impersonal c. Persuasive techniques are more subtle and misleading d. Persuasive messages are slow to engage audiences e. Persuasive messages are targeted to very specific audiences

Answers

Answers:

Option a: authentic.

Option A-E of the second question are all correct.they are the characteristics of Persuasion in this digital age.

Option a. All businesses are in the persuasion business

Option b. Persuasion is more complex and impersonal

Option c. Persuasive techniques are more subtle and misleading

Option d: Persuasive messages are slow to engage audiences

Option e. Persuasive messages are targeted to very specific audiences

Explanation:

In business, persuasion is the ability to influence others especially in decision making. Persuasive skills are essential at work as teams and managers leaves traditional command structure and focus instead on influencing others. An individual must be genuinely respectful and authentic that is they are people who are very intuitive and will know any effort to manipulate them. Using authority as a way to persuade does not generate respect. Instead of a blunt,commanding, pushy hard-sell approach, persuaders play on emotions by using flattery, empathy.

Persuasive techniques in the digital age are more subtle and misleading due to the fact that blunt, pushy hard-sell approach, persuaders play on emotions by using flattery, empathy, nonverbal cues, e. t. c which can be more subtle and misleading

Auto Body Repair Shop (ABRS) promises to pay Ben $1,000 a week to work for ABRS. Ben accepts and quits his job with Car Care Service. ABRS fails to provide a job for Ben. Ben has a cause of action based on

Answers

Answer:

Breach of Contract

Explanation:

If a contract was signed that promised a job/salary, then rescinding the job by the prospective employer is grounds for a "Breach of Contract" lawsuit.

21. A noncancelable lease contains an option to purchase a leased asset at a price that is sufficiently lower than the asset's expected fair value so that the exercise of the option appears reasonably certain. The fair value of the asset exceeds the lessor's cost of the asset. Therefore, the lease will be accounted for by the lessor as a(n):

Answers

Answer: A. Sales-type lease

Explanation:

A Sales type lease is one where the present value of all the lease payments of the Asset being leased is more than the cost/ carrying amount of the Asset.

The present value of the lease Payments is the Fair Value of the asset and as seen from the question, the fair value of the asset is more than the cost of the Asset. The lease will therefore be accounted for as a Sales type lease by the lessor.

It is worthy of note that this entry affects only the lessor.

Which of the following costs should not be included in product costs for internal management reports that are used for decision-making?

Answers

Answer: d. Cost of organization sustaining activities

Explanation:

Organization sustaining activities are those undertakings that have to be made if a company can keep operating. Examples include; property taxes, insurance, information filing with Government agencies and etc.

These activities are therefore not directly linked to the production process as they are not related to a single product and so should not be included in product costs for internal management reports which will be used for decision-making.

Danny owns two companies where he has recently made changes. The margin of safety ratio for Company X is 42% and the margin of safety ratio for Company Y is 25%. What does this imply about the two companies?

Answers

Answer: Company X could lose more business before it will begin experiencing financial difficulties when it is being compared to company Y

Explanation:

Margin of safety ratio simply helps to understand the extent to which there'll be drop in sales before a company will begins to make a loss.

Since the margin of safety ratio for Company X is 42% and the margin of safety ratio for Company Y is 25%, it means that Company X could lose more business before it begins experiencing financial difficulties when it is compared to company Y.

Johnson & Coleman has created a new line of premium quality writing desks. The company marketed the product by highlighting its durability and functionality. According to the VALS™ framework, to which of the following psychographic groups would the writing desk appeal the most?A. AchieversB. StriversC. ExperiencersD. Thinkers

Answers

Answer:

I believe the answer is d

Explanation:

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