Answer:
A. They expect next year's one year yield to be roughly 2%
Explanation:
Since in the question it is mentioned that if the current one year, the yield of a zero-coupon bond is 4% and the current two years, the yield of a zero-coupon bond is 3% so for the one year it would be 2% approx as it reduced one percentage i.e 1% every one
Therefore in the given case, the correct option is A.
It will cost $7,000 to acquire an ice cream cart. Cart sales are expected to be $3,600 a year for three years. After the three years, the cart is expected to be worthless as the expected life of the refrigeration unit is only three years. What is the payback period
Answer:
It will take 2 years and 344 days to cover for the initial investment.
Explanation:
Giving the following information:
Initial investment= $7,000
Cash flow year 1 trough 3= $3,600
The payback period is the time required to cover for the initial investment:
Year 1= 3,600 - 7,000= -3,400
Year 2= 3,600 - 3,400= 200
To be more accurate:
(3,400/3,600)*365= 344
It will take 2 years and 344 days to cover for the initial investment.
In 20X4, X Company purchased land for a new office building at a purchase price of $325,000. There was an existing building on the site that was demolished at a cost of $12,000. Scrap from the demolition was sold for $3,500. The building was completed during 20X4. In addition:
Answer:
$359,000 and $1,323,000
Explanation:
The computation of the amount reported for land and building is shown below:
For land
= Purchase price + attorneys + demolishing cost - scrap value + engineering fees
= $325,000 + $7,500 + $12,000 - $3,500 + $18,000
= $359,000
For buidling
= Architect fees + building permits + construction cost
= $40,000 + $8,000 + $1,275,000
= $1,323,000
Two twelve-year-old boys were seriously injured when riding on a go-kart. The boys were riding on public streets, ran a stop sign, and were hit by a car that did not see them. The go-kart had clear warning labels on the sides stating that it was only for off-road use only. The manual stated the go-kart not to be used on public streets. The parents sued the go-kart manufacturer. One basic issue in this case would be:
Answer:
Disobedience of the law or it may be ignorance
Explanation:
It may be that the kids didnt see the sign or it might be ignorance
Thomas Company has a sales budget for next month of $1,000,000. Cost of goods sold is expected to be 25 percent of sales. All goods are paid for in the month following purchase. The beginning inventory of merchandise is $50,000, and an ending inventory of $64,000 is desired. Beginning accounts payable is $160,000.
For Thomas Company, the ending accounts payable should be:
A. $341,000
B. $356,000
C. $314,000
D. $414,000
Answer:
$264,000
Explanation:
Calculation for the ending accounts payable
First step is to find the cost of goods sold
Using this formula
Cost of goods sold=Sales budget * Sales percentage
Let plug in the formula
Cost of goods sold=$1,000,000*25%
Cost of goods sold=250,000
Second step is to calculate for the ending accounts payable
Using this formula
Ending accounts payable=Ending inventory + Cost of goods sold - Beginning inventory
Let plug in the formula
Ending accounts payable= $64,000 + $250,000 - $50,000
Ending accounts payable= $264,000
Therefore the Ending accounts payable will be $264,000
A broker from Nebraska wants a license in Florida. He takes a written exam of 40 questions and passes 35 of them. The broker has taken advantage of the written agreements between the states for real estate licensing. This is an example of:
Answer:
A mutual recognition agreement between the states of Florida and Nebraska, created for real estate licensing.
Explanation:
A mutual recognition agreement is defined as a situation where 2 more countries recognise conformity examination results of each other. So a person that writes an examination and passes in one location can get a liscence in another country based on his exam results.
In the given scenario a broker from Nebraska wants a license in Florida. He takes a written exam of 40 questions and passes 35 of them.
After passing the exam he is able to obtain a real estate liscence in Florida.
This is an example of Mutual recognition agreement between Nebraska and Florida.
When organizations relate to their environments in ways that involve ethical dilemmas and decisions, these situations are said to fall within the context of the organization's _____ responsibility.
Answer:
Social.
Explanation:
When organizations relate to their environments in ways that involve ethical dilemmas and decisions, these situations are said to fall within the context of the organization's social responsibility.
In Business management, social responsibility can be defined as an organization's obligation to act in a manner that benefits and adds significant value to the society, usually it has its business operations.
Hence, in addition to making profits and maximizing shareholders, organizations are required to lessen negative environmental impact or degradation and provide social amenities such as pipe-borne water, electricity, roads etc. It is also referred to as corporate social responsibility (CSR).
Crystalize is a decorative glassware manufacturer. The company's production team takes 8 hours to produce 96 identical glass items. Which of the following is the labor productivity of Crystalize?A) 10 items per hour.
B) 12 items per hour.
C) 0.08 hours per item.
D) 0.09 hours per item.
Answer:
B) 12 items per hour.
Explanation:
Calculation for the labor productivity of Crystalize.
Using this formula
Labor productivity=Numbers of items produce/Hours to produce
Let plug in the formula
Labor productivity=96/8
Labor productivity= 12 items per hour
Therefore labor productivity of Crystalize will be 12 items per hour.
2. Describe the following trends in business. Give an example of wha
productive business environment that supports each trend.
a. Social responsibility (1 point)
Answer:
Social responsability is the attribute of a business that tries to benefit the whole of society instead of only pursuing profits.
Social responsability has been an important trend in recent decades, and many businesses have made it a part of their corporate policy.
This is both because of altruistic and business reasons. When a business engages in social responsability, it not only helps society in some way, but it also helps itself, by earning respect, name-recognition, and prestige, which often results in more customers, and higher profits later on.
Which of the following are good workplace writing
habits? Check all of the boxes that apply.
adjusting the writing style to the audience
and avoiding the use of technical terms if the
reader is not familiar with the subject
checking for errors and misspellings and
making sure to use the correct version of a
word
using abbreviations since everyone in the
office understands their meanings
The one that exemplifies good workplace writing habits would be:
A). adjusting the writing style to the audience and avoiding the use of technical terms if the reader is not familiar with the subject.
B). checking for errors and misspellings and making sure to use the correct version of a word.
Writing HabitsThe above two habits that exemplify good habits of writing at the workplace would be modifying the writing as per the audience.
The technical terms must be prevented before the audience that is not aware of it.
The other good habit is that it is searching for the mistakes that would assist in improving the vocabulary and pronunciation.
Thus, options A and B is the correct answer.
Learn more about "Workplace" here:
brainly.com/question/13838280
Because they do so much driving while visiting doctors' offices and hospitals, pharmaceutical sales representatives are often given company cars to drive. When a pharmaceutical company like Merck is preparing to purchase new company cars, sales reps' feedback will be sought on car models and features, but the final decision will be made by higher levels of management. What role(s) do the sales reps play in the buying center?
Answer: Users and Influencers
Explanation: The sales representatives are consulted being the ones who will make use of the purchased vehicle in order to aid business growth, the sales representative have become familiar with issues they experience during the use of previous cars which might be related to the model and certain mechanical features of the car. Therefore, the feedback provided may be considered when the ultimate decision is being made, here sales representatives acts as influencers as their opinion is put into perspective, even though other considerations may outweigh those provided by the sales representatives as the final decision is being made by the superior management.
Attestation standards apply when a CPA is engaged to issue a practitioner’s report on A preparation service. The subject matter of a compilation. An examination after performing agreed-upon procedures. A review of an assertion about subject matter that is the responsibility of another party.
Answer:
A review of an assertion about the subject matter that is the responsibility of another party
Explanation:
An attest engagement is defined as the independent review of a subject matter by a professional other than the auditor by conducting a specific procedure and he is expected to issue a report of his findings on the reliability of the subject matter.
The three stages of attestation services are compilation ,review and audit.
Attestation engagement is governed by the Statements on standard for attestation engagement (SSAE)
Design of experiments is a technique that helps identify which variables have the most influence on the overall outcome of a process. Understanding which variables affect outcome is a very important part of quality planning.
Answer:
True.
Explanation:
Design of experiments can be defined as a systematic approach used to determine the relationship between factors (variables) affecting a process and its overall outcome or end result.
Generally, design of experiments involves the process of planning, conducting, evaluating and interpretation of controlled data to yield valid and objective outcomes.
Hence, design of experiments is a technique that helps identify which variables have the most influence on the overall outcome of a process.
This ultimately implies that, in order to achieve greater success and optimum level of output in an organization; design of experiments can be used to find cause-and-effect relationships of a process.
In conclusion, understanding which variables affect outcome is a very important part of quality planning.
You are considering acquiring a common share of Sahali Shopping Center Corporation that you would like to hold for 1 year. You expect to receive both $1.25 in dividends and $35 from the sale of the share at the end of the year. The maximum price you would pay for a share today is __________ if you wanted to earn a 12% return. A. $31.25 B. $32.37 C. $38.47 D. $41.32
Answer:
B. $32.37
Explanation:
The computation of the maximum price for paying the share today is shown below:
Let us assume the buying price be x
Now we applying the following formula
Return = (sale price - buy price + dividend) ÷ (buy price)
12% = ($35 - x + $1.25) ÷ x
0.12 = $36.25 - x
1.12x = $36.25
x = $36.25 ÷ 1.12
= $32.37
Hence, the correct option is B.
suppose an unanticipated decrease in foreign spending on domestically produced goods causes the aggregate demand curve to shift to the left (from AD1 to AD2 ). According to adherents of the adaptive-expectations theory, the unanticipated change in aggregate demand will cause the economy to move in which direction
Answer:
Under the adaptive expectations theory, individuals and businesses base their future economic expectations using past events and experiences as their starting point. E.g. if the economy has been constantly growing steadily for the past 4 years, people and businesses will expect that it continues to grow in a similar way in the near future.
In this case, since the aggregate demand decreased (leftward shift) but this was the result of an unanticipated decrease in exports, economists, individuals and businesses will believe that the economy will not be affected and shall soon return to its normal path. The problem is that the economy actually starts to shrink, and since no adjustments are made on time, the problem will not improve, instead it will get worse. Eventually, once the people and businesses realize the negative effect on the economy, they will react abruptly.
This happened during the Great Recession when everyone thought that the prices of homes would increase forever, but once people realized their mistake, panic spread and the economy collapsed. This is not the same situation, but the negative effects will be eventually felt.
Soft and Silky, Inc. manufactures bedding sets. The budgeted production is for 53,000 comforters during the upcoming year. Each comforter requires 6 yards of material. The estimated January 1, 20Y7, beginning inventory is 31,000 yards. The desired ending balance is 30,000 yards of material. If the material costs $1.50 per yard, determine the materials budget for the year.
Answer:
The materials budget for the year = $475,500
Explanation:
let us first lay out the particulars
beginning inventory = 31,000 yards
ending balance = 30,000 yards
amount sold from beginning inventory = 31,000 - 30,000 = 1,000 yards
budgeted production = 53,000 comforters
requirement for each comforter = 6 yards
total budgeted yards to be required = (requirement for each comforter) × (number of comforters)
= 6 × 53,000 = 318,000 yards
Note that required number of yards to be required during the year = 318,000 yards, but we have 1,000 yards available from the beginning inventory, as shown above, therefore, the number of yards to be produced is calculated as follows:
number of yards to be produced = (required number of yards) - ( number of yards from beginning inventory)
= 318,000 - 1000 = 317,000 yards.
Next, we are told that material cost per yard = $1.50
1 yard = $1.50
∴ 317,000 yards = 1.50 × 317,000 = $475,500
Therefore the materials budget for the year = $475,500
Northern Company has bonds with an amortized cost of $600,000. At the end of the first reporting period, the bonds had a fair value of $675,000. 2 days after the end of the first reporting period, the bonds have a fair value of $680,000 and Northern decides to sell the bonds. The initial investment in the bonds was $700,000 and the discount on bond account has a $100,000 balance. Northern properly classifies these bonds as trading securities. The journal entry to record the sale of the bonds includes:______.
Answer and Explanation:
The journal entry for the sale of the bond is shown below:
Cash Dr $680,000
Discount on bond investment $100,000
To Investment in bonds $700,000
To Fair value adjustment $80,000
(Being the sale of the bond is recorded)
For recording we debited the cash and discount as it increased the assets and credited the bond investment and fair value adjustment so that proper posting could be done
The return on common stockholders’ equity is computed by dividing a) net income less preferred dividends by ending common stockholders’ equity. b) net income less preferred dividends by average common stockholders’ equity. c) net income by ending common stockholders’ equity. d) net income by average common stockholders’ equity.
Answer:
b) net income less preferred dividends by average common stockholders’ equity
Explanation:
Common stock dividends in a company is paid to stockholders after preferred dividends have been removed.
Preference shares are issued to investors with an agreement that they will recieve dividends before other shareholders.
So when calculating return on common stockholder's equity we will first deduct dividend paid to preference share holders.
The income coming to common share holders is now divided by average common stockholders equity to get the return on common stock equity.
Return on equity is usually used as a measure of how efficiently management uses company's assets to generate profits.
Timothy, a laboratory manager at a multinational photography company, manages a team of seven designers. All of them report to him, and he has the power to command them and assign duties to them. In this scenario, Timothy most likely has_____.
Answer:
line authority
Explanation:
Line authority is when someone that has a supervisor position has the power to give orders to his/her subordinates in order to accomplish the company's goals. According to this, the answer is that in this scenario, Timothy most likely has line authority because he has a team that he supervises and he has the authority to assign duties to them.
A bagel company bakes a specialty bagel that it sells by the dozen every day. These specialty bagels can only be baked early in the morning before the store opens for business. The company estimates that the daily demand (in dozens) for its specialty bagel is distributed as follows: Specialty bagels arc sold by the dozen only at a cost of $9.00 per dozen. The cost to make one bagel is $0.50. Leftover specialty bagels arc sold by the dozen the next day for a 50% discount. The optimal number of specialty bagels that should be baked tomorrow (in dozens) is:________ a) 5 dozen. b) 4 dozen. c) 3 dozen. d) 2 dozen.
Answer:
b) 4 dozen
Explanation:
The computation of the optimal number of specially bagels i.e expected value is shown below:
As we know that
Expected value = Demand × probability
= 1 dozens × 0.10 + 2 dozens × 0.15 + 3 dozens × 0.20 + 4 dozens × 0.25 + 5 dozens × 0.30
= 0.1 + 0.3 + 0.6 + 1 + 1.5
= 3.5 dozen or 4 dozen
Hence, the correct option is b.
The Easton manufacturing Company is looking to replace its conveyor belt system. A new system will cost $345,000, and will result in cost savings of $220,000 in the first year, followed by savings of $100,000 per year over the following 3 years. If the firm’s cost of capital is 9%, what is the discounted payback period for this project? (Do not round intermediate computations. Round final answer to two decimal places.)
Answer:
It will take 3 years and 279 days to cover for the initial investment.
Explanation:
Giving the following information:
Initial investment= $345,000
Annual cost saving:
Cf1= $220,000
Cf2 to 4= $100,000
Discount rate= 9%
The payback period is the time required to cover for the initial investment:
Year 1= (220,000/1.09) - 345,000= -143,165.14
Year 2= (100,000/1.09^2) - 143,165.14= -58,997.14
Year 3= (100,000/1.09^3) - 58,997.14= 18,221.21
To be more accurate:
(58,997.14/77,218.35)*365= 279 days
It will take 3 years and 279 days to cover for the initial investment.
what is the best business organization for annabeth’s new company?
a corporation, because she will need financing to get started.
a sole proprietorship, because the business is small and simple to operate.
a partnership, because she lacks the skills to make machine parts
a cooperative, because local businesses will be her customers.
Answer: A Corporation, because she will need financing to get started.
Explanation:
As Annabeth would like to buy a factory to begin making the parts, she would would need a huge cash outlay to get started. By starting a Corporation, she can raise cash easier from the shareholders as well as utilize the knowledge and expertise of others who will join the company to help her in areas she might not be well versed in such as in Accounting or business administration.
Another reason a Corporation would be better is because of the realization of her longer term plans. A Corporation is more likely to expand in the the future which will enable Annabeth realize her dreams of selling to Europe and South America. Indeed, she has a better chance of achieving that sooner rather than later.
Answer: A)
Explanation:
A business client is looking for ways to decrease its monthly premiums. To get down to the premium level sought after by the company, the agent realizes they have to go to a high deductible health plan. As part of your advice to the business, what should you include in your discussion?
Answer:
"Health savings accounts (HAS)" is the appropriate answer.
Explanation:
HAS should be used with values that are generally insurance coverage. With either an HSA, extra cash can be placed into another consideration that has been protected mostly on the purchase price, and afterward investments can also be used for predefined hospital expenses.Since the investments throughout the HSA consideration could also be used for healthcare facilities, respondents frequently use them instead of unprotected methodologies including certain chiropractic appointments and perhaps certain health-related facilities not encompassed by their insurers.A company issues $1,500,000 of par bonds at 98 on January 1, year 1, with a maturity date of December 31, year 30. Bond issue costs are $90,000, and the stated interest rate of the bonds is 6%. Interest is paid semiannually on January 1 and July 1. Ten years after the issue date, the entire issue was called at 102 and canceled. The company uses the straight-line method of amortization for bond discounts and issue costs, and the result of this method is not materially different from the effective interest method. The company should classify what amount as the loss on extinguishment of debt at the time the bonds are called
Answer:
$110,000 loss
Explanation:
Given the following :
Par value = $1,500,000 at 98
Maturity = 30 years
Interest rate = 6% paid semianually
Ten years after issue date, entire issue was called at 102 and canceled
Issue price of bond = (1500000 * 98%) = $1,470,000
Discount on issue = $1,500,000 - 1,470,000 = $30,000
After 10 years when bond was canceled :
Discount balance ;
($30,000 / maturity) * (maturity - 10)
($30,000/30)* 20 =1000 * 20 = $20,000
Issuing cost balance:
($90,000/30)*20 = 3000 * 20 = $60,000
Therefore, upon cancelation :
Carrying amount of bond
$(1500000 - 20000 - 60000) = $1,420,000
Reacquisition price :
($1,500,000 * 102%) = $1,530,000
Loss or gain :
$1,530,000 - $1,420,000 = $110,000 (loss)
The monetary liabilities of the Federal Reserve include currency in circulation and discount loans. government securities and reserves. currency in circulation and reserves. government securities and discount loans.
Answer:
currency in circulation and reserves.
Explanation:
The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.
Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.
The monetary liabilities of the Federal Reserve include currency in circulation and reserves. The currency in circulation includes all of the US paper currency (dollar bill) that are available in the country while reserves refers to the minimum deposits being held for the U.S Treasury and depository financial institutions by the Fed.
Additionally, the overall sum of the United States of America treasury monetary liabilities and the Federal Reserve System's monetary liabilities is generally referred to as the monetary base.
A customer, age 55, has a diversified portfolio of blue chip equity investments that pay a reliable cash dividend. The customer would like to retire at age 65. The customer has an expensive lifestyle, and even though he makes a good income, he uses the dividend income from his investments to pay his large monthly bills. The main problem that is evident here is that the:
Options :
A.) portfolio should be rebalanced to include a percentage allocation to fixed income securities because of the customer's age
B.) customer is unable to take advantage of the compounding effect of reinvesting dividends
C.) customer increases his tax liability by spending the dividends rather than reinvesting them
D.) customer needs to change his spending habits
Answer: B.) customer is unable to take advantage of the compounding effect of reinvesting dividends
Explanation: Investments have become a me a hugely important way of ensuring financial growth whereby individuals put hase stocks or shares in other to earn dividends. This investments has the capability of witnessing a very growth after the initial stock purchase whereby Dividend earned are accrued and reinvested thereby increasing the individual's investment capital and multiplying returns. In the scenario above, Dividend multiplication due to the compounding effect of the interest rate because the investor is unable to reinvest her Dividend and hence lose the huge benefit associated with compounding effect of Dividend Reinvestment in other to cater for her luxurious life style.
Cherries on Top, a national ice cream shop, is struggling financially to keep up with the bigger chains. The top executives have decided to close all the stores in the Northeast and Texas, as that will give them an additional one million dollars to put into marketing. This executive is practicing the
Answer:
utilitarian approach.
Explanation:
Cherries on Top is a national ice cream shop and is struggling financially to keep up with the bigger chains. The top executives have decided to close all the stores in the Northeast and Texas, as that will give them an additional one million dollars to put into marketing. This executive is practicing the utilitarian approach.
Utilitarianism can be defined as an ethical moral theory that offers anyone a relatively direct method for enhancing choices and making decisions about the right course of action for any particular situation.
Basically, the utilitarian approach analyzes and measure an action in terms of its outcome or consequences; by determining the net benefits and costs to all stakeholders of an organization individually.
The main purpose or focus of the utilitarian approach is to achieve the best possible outcome or results for the overall success of the business while creating the least amount of harm, loss, damage or suffering.
Hence, the executive of Cherries on Top is practicing the utilitarian approach.
The country of Maroji is a major exporter of dairy products. The country of Hipon is a major exporter of heavy machinery but also has a sizeable domestic dairy industry. Since it imports a sizeable amount of heavy machinery from Hipon, Maroji, at the request of Hipon, limited the amount of dairy products it exports to Hipon each year. This is an example of
Answer:
voluntary export restraint (VER).
Explanation:
In this scenario, the country of Maroji is a major exporter of dairy products. Also, the country of Hipon is a major exporter of heavy machinery but has a sizeable domestic dairy industry. Since it imports a sizeable amount of heavy machinery from Hipon, Maroji, at the request of Hipon, limited the amount of dairy products it exports to Hipon each year. This is an example of voluntary export restraint (VER).
A voluntary export restraint (VER) can be defined as a self-imposed trade restriction on the amount of goods that an exporting country exports to another country such as an importing country. It involves restrictive trade barriers between an exporting and an importing country, such as embargoes and quotas.
Sectoral shifts, frictional unemployment, and job searches Suppose the world price of steel falls substantially. The demand for labor among steel-producing firms in Pennsylvania will _____. The demand for labor among automobile-producing firms in Michigan, for which steel is an input, will _____. The temporary unemployment resulting from such sectoral shifts in the economy is best described as _____ unemployment.
Suppose the government wants to reduce this type of unemployment. Which of the following policies would help achieve this goal? Check all that apply.
a. Taxing the price of placing a resume or posting a job opening on a job-search website
b. Improving a widely used job-search website so that it matches workers to job vacancies more effectively
c. Increasing the benefits offered to unemployed workers through the government's unemployment insurance program
Answer:
fall
rise
frictional
b. Improving a widely used job-search website so that it matches workers to job vacancies more effectively
Explanation:
A fall in the price of steel would reduce the profitability of producing steel for steel producing companies. Hence, the supply of steel would fall. as a result, less labour would be needed, so the demand for labour would fall.
A fall in the price of steel would reduce the cost of producing cars and thus increase the production of cars. as a result, more labour would be employed to make cars.
Frictional unemployment is when labour is unemployed between the time he leaves his current employment and time he finds another. by improving on the job search website, workers would be matched faster with available jobs, this frictional unemployment would decrease.
Sutton Enterprises makes gadgets using a two-step process that involves machining and assembly, respectively. During the period, the Assembly Department completes 10,200 gadgets and transfers them to Finished Goods Inventory. At the end of the period, the Assembly Department has 2,600 gadgets in process that are 65% complete with respect to conversion. What are the equivalent units of production for conversion during the period?
Answer:
Total equivalent units= 11,890
Explanation:
Giving the following information:
Assembly Department completes 10,200 gadgets and transfers them to Finished Goods Inventory.
The Assembly Department has 2,600 gadgets in the process that are 65% complete for conversion.
To calculate the equivalent units, we need to multiply the % complete for the number of units started:
Units completed= 10,200
Units in ending inventory= 2,600*0.65= 1,690
Total equivalent units= 11,890
Commercially reasonable means Multiple Choice observing industry standards and practices that are generally accepted throughout various industries as proper business practices. charging a fair price for goods and not taking advantage of others in the industry. getting the highest price possible for goods without violating the law. observing industry standards and practices that may be unique to the particular industry.
Answer:
observing industry standards and practices that may be unique to the particular industry.
Explanation:
Commercially reasonable activities are based on a standard of reasonableness. It gauges what a reasonable person or entity will do in a given situation.
For example a standard for operation is defined in an industry and used as a basis the determine if business practices of a company are reasonable or not.
It involves good faiths effort on the part of the actors to meet as much as possible a similar objective or activity under similar circumstances.
In this instance commercially reasonable is defined as observing industry standards and practices that may be unique to the particular industry.
