Complete Question:
The senior management of BonusOne Bank formulates a new set of strategic plans for the next financial year and conveys it to the middle management. The middle management, in turn, conveys the same to their respective subordinates. In the context of communication channels, the given scenario illustrates?
Group of answer choices
A) downward communication
B) upward communication
C) horizontal communication
D) informal communication
Answer:
A) downward communication.
Explanation:
In this scenario, the senior management of BonusOne Bank formulates a new set of strategic plans for the next financial year and conveys it to the middle management. The middle management, in turn, conveys the same to their respective subordinates. In the context of communication channels, the given scenario illustrates a downward communication.
A downward communication can be defined as the formal flow of information and messages within an organizational hierarchy; which is mainly from a higher level (senior management) of an organization to a lower level (middle management) and lastly, to the least (subordinates).
When downward communication are effectively and properly used in an organization, it helps them to achieve their aims, goals and objectives successfully.
Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1,000, 15 years to maturity, and a coupon rate of 7.3 percent paid annually.If the yield to maturity is 8.6 percent, what is the current price of the bond? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
Current price �
Answer:
892.69
Explanation:
Given the following :
Par value of bond (FV) = 1000
Period (n) = 15 years
Coupon rate (r) = 7.3% annually
Yield to maturity (r) = 8.6% = 0.086
The coupon price = 7.3% of par value
Coupon price (C) = 0.073 * 1000 = 73
Current price of bond can be computed using the relation:
= C * [1 - 1 / (1 + r)^n] / r + (FV / (1 + r)^n)
73 * [1 - 1/(1+0.086)^15]/0.086 + 1000/(1 + 0.086)^15
73*(1 - 1/3.44704)/0.086 + (1000/(1.086)^15)
= 73*8.2546131 + 290.10326
= 602.5867563 + 290.10326
= 892.69
Company A has a patent with a book value of $500,000. At December 31, 2019, the fair value of the patent is determined to be $450,000. The expected future cash flows associated with the patent is $650,000. What amount of impairment should Company A record on this patent at 12/31/19?
Answer:
$50,000
Explanation:
A patent should be recorded at fair market value. When the book value of a patent is higher than its market value, then its book value should decrease. This decrease in the book value is called impairment.
In this case, the patent's book value is $500,000, but its market value is $450,000. The impairment loss = $500,000 - $450,000 = $50,000.
According to an old myth, Native Americans sold the island of Manhattan about 400 years ago for $24. If they had invested this amount at an interest rate of 7 percent per year, how much, approximately, would they have today
Answer:
FV= $13,605,744,645,293.70
Explanation:
Giving the following information:
Initial investment= $24
Number of years= 400
Interest rate= 7 percent compounded annually
To calculate the value of the investment today, we need to use the following formula:
FV= PV*(1+i)^n
FV= 24*(1.07^400)
FV= $13,605,744,645,293.70
Answer:
They would have approximately $14 000 000 000 000.
Explanation:
From the compound interest formula,
Amount = P[tex](1 + \frac{r}{n}) ^{t}[/tex]
Given that: P = $24, R = 7%, t = 400 years,
Amount = 24[tex](1 + \frac{7}{100}) ^{400}[/tex]
= 24[tex](\frac{107}{100}) ^{400}[/tex]
= 1.360574465 × [tex]10^{13}[/tex]
The amount they would have is approximately $1.4 × [tex]10^{13}[/tex]
To stay in "fashion" many people buy a new car even though their old car is still in excellent-to-good condition. Similarly, people tend to buy new clothes before they wear out the clothes they already have. Such actions speak to
Answer:
NO
Explanation:
Causal research describes the marketing phenomena under study. B. Causal research is informal and unstructured. C. Causal research isolates the relationship between an independent variable and a dependent variable. D. Causal research answers the questions of who, what, when, where and how. E. Causal research is the seventh step in the marketing research process.
Answer:
Option B (Causal research is informal and unstructured) is the correct choice.
Explanation:
As when the process has gained, causal research has been undertaken to diagnose the source surrounding a person's action. It wants to find this same relationship among variables as to conjecture. It attempts to evaluate whether the explanatory variables shift throughout the exponential function, with variants.It could also be used in such a corporate setting to measure the impact that a transition to some of its present activities would have to aid in the corporate planning phase for its potential production rates.Some other three choices have no relation to the given incident. Such that the stated option is B.
Seneca owns an interior painting service. Seneca promises Fran, a homeowner, that Seneca will paint the outside of Fran’s house. Seneca knows that all of the painter-employees are busy for the next two months and really does not intend to paint Fran’s house. In this case, Seneca’s tortious behavior is known as:
Answer:
Promissory fraud.
Explanation:
In this scenario, Seneca owns an interior painting service. Seneca promises Fran, a homeowner, that Seneca will paint the outside of Fran’s house. Seneca knows that all of the painter-employees are busy for the next two months and really does not intend to paint Fran’s house. In this case, Seneca’s tortious behavior is known as promissory fraud.
Promissory fraud can be defined as a promise made by an individual or business entity (promisor), when in actual fact they have absolutely no intention to perform the actions or fulfil the promise when it was made the other party.
Hence, Seneca exhibited a promissory fraud because he is aware that all of the painter-employees are busy for the next two months and really does not intend to paint Fran’s house.
You receive a technical support call from a department manager. She reports that the laser printer in her department prints only blank pages. A telephone interview reveals that the paper is not jamming in the printer and that the problem began occurring after the toner cartridge was replaced. What is the most likely cause of the problem
Answer:
Option B, the sealing tape was not removed from the toner cartridge, is the right answer.
Explanation:
Option B, is the correct answer because in the given case the problem of blank paper arises only after installing the toner cartridge. However, there may other reasons that cause the same problem as defective laser or corona wire. But, in the given case, there is some relation between the effect and the installation of the toner cartridge. Therefore, not removing the tape form toner before its installation is the correct answer.
A member of the city commission insists that the city's internal service fund prepare and submit a budget for commission approval. The commissioner argues that it is only through the budget that the commissioners will be able yo ensure control over the internal service fund. Do you agree or disagree with the commissioner's argument
Answer:
Disagree
Explanation:
In simple words, I will differ with the statement, as I feel that the City Commission will be in a position to monitor the cash flow inside the service delivery resources by providing the expenditure.
There are various sources such as frequent auditing as well as various approvals that has to go through the high command, for using the funds generate.
Thus, the commissioners is arguing wrong perspective with the council.
A perfectly competitive small organic farm that produces 1,000 cauliflower heads in the short run has an ATC = $6 and AFC = $2. The market price is $3 per head and is equal to MC. In order to maximize profits (or minimize losses), this farm should:
Answer:
the firm should shut down, at least temporarily until the marginal revenue increases or definitely if the marginal revenue doesn't increase
Explanation:
if average total costs = $6 and average fixed costs = $2, then average variable costs = $6 - $2 = $4
since the average variable costs are higher than marginal revenue: $4 > $3, then the company is losing money (-$1) every time it sells its products.
Century Real Estate’s primary broker is John Kerr. John is licensed as the broker of that company and he is licensed as a broker sales associate in his brother-in-law’s firm of Boch Real Estate, where John only works once a week or so. In this case:
Answer:
The broker is doing two different jobs; so it is okay to have two different licenses.
Explanation:
In this case, since the broker is doing two different jobs then it is okay for him to have two different licenses. In a hypothetical case that the individual Broker was doing the same job role for two different companies then that would be considered a form of conflict of interest and may cause problems with both firms in the future. Since this is not the case, then he should not have any problem.
A deficit on the current account Group of answer choices normally causes a surplus on the capital and financial account. has no relationship to the capital and financial account. means that a nation is making international transfers. normally causes a deficit on the capital and financial account.
Answer:
normally causes a surplus on the capital and financial account.
Explanation:
A deficit can be defined as an amount by which money, falls short of its expected value.
In Financial accounting, deficit is usually as a result of revenue falling below expenses or expense exceeding revenue at a specific period of time.
For instance, if in a country liabilities exceeds assets or import exceeds export there would be a deficit in the financial account of the country.
Generally, a deficit on the current account normally causes a surplus on the capital and financial account. This is simply as a result of a country having to import more goods and services than it is exporting to other countries in trade.
In conclusion, a deficit on the current account is because the value of goods and services exported is lower than the value of goods and services being imported in a particular country.
Payroll deductions are the same for all employees. True False
Answer:
may be yeah...it can be true
Answer:
False
Explanation:
because it would mean that all the jobs that are done are the same just like your work position like manager, and other stuff like that
imothy, 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 can be defined authority or power given to an individual in a supervisory role to manage and mandate his subordinates to help an organization fulfil its objectives.
From the above definition, it is seen that Timothy has a group of 7 persons under him which means he is in a supervisory role or position within the company. As the supervisor, Timothy assigns duties to the members of the group after which he reports to a higher authority.
Cheers.
You are going to receive $80 at the end of each year for the next 12 years. If you invest each of those amounts at 12%, then what amount of money will you have at the end of the 12th year
Answer:
FV= $1,930.65
Explanation:
Giving the following information:
Cash flow= $80 a year
Number of periods= 12 years
Interest rate= 12% compounded annually
To calculate the future value, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {80[(1.12^12) - 1]} / 0.12
FV= $1,930.65
"Literacy is prerequisite of development. Justify this statement with examples.
Answer:
The classification of the subject in question is mentioned throughout the paragraph below.
Explanation:
Literacy seems to be a developmental requirement since knowledge and learning require the ability or skills to read and understand. Each body produces to speak and understand skills. Upcoming generation, as well as young ones, is incredibly knowledgeable, individuals who could get strong knowledge only need a graduate assistantship.
The following information is available for Armstrong Company: Net income $450 Increase in plant and equip. $170 Depreciation expense 80 Payment of dividends 10 Decrease in accts. receiv. 20 Increase in long-term debt 100 Increase in inventories 15 Decrease in accounts payable 30 What is cash flow from operating activities for Armstrong Company?
Answer:
$505
Explanation:
Armstrong Company
Cash flow from operating activities
Adjustments to reconcile net income to operating cash flow.
Net income
$450
Less : Increase in plant and equipment
($170)
Add : Depreciation expenses
$80
Add : Payment of dividends
$10
Add : Decrease in accounts receivable
$20
Add : Increase in long term debt
$100
Less : Increase in Inventories
($15)
Add : Decrease in Account payable $30
Net Cash flow from operating activities
$505
Compute the MIRR statistic for Project I and note whether to accept or reject the project with the cash flows shown as follows if the appropriate cost of capital is 15 percent. Project I
Answer:
13%
Explanation:
The computation of MIRR is shown below:-
=MIRR({-1000;400;300;200;300;50},15%,15%)
= 12.666%
or
= 13%
Since the MIRR is 12.67% and the appropriate cost of capital is 15% so the project should be rejected as it is less than the cost of capital
For more clarification please find the spreadsheet so that we make more understand.
A landlord rented an apartment to a person with a wheelchair. The landlord allowed the tenant to install bath rails and replace the bathroom sink vanity with a pedestal sink with lever faucet handles; however, the landlord required the tenant to sign a restoration agreement that the accommodations would be restored to their former condition at the end of the lease. In addition, the landlord required the tenant to pay sufficient funds (over a period of time) into an escrow account to cover the bathroom restoration. Has the landlord violated the Fair Housing Act
Answer: No, the landlord can require a restoration agreement and the escrow account
Explanation:
The options to the question are:
A. No, the landlord can require a restoration agreement and the escrow account
B. Yes, the landlord cannot require the escrow account
C. Yes, the landlord cannot require restoration of the modifications
D. No, the landlord does not have to allow the tenant to make any of these modifications
The Fair Housing Act is a law that was put in place in order to curtail the discrimination towards home seekers and tenants by landlords. According to the act, every American should have a fair and equal opportunity regarding the place to reside without discrimination of any sort.
Based on the scenario that have been provided in the question, the landlord can require a restoration agreement and the escrow account.
Pete noticed a pattern at the annual budgeting session of his company. Mid-level managers were asking for unrealistically high budgets while top management was attempting to limit budgets under last year's actual expenditures. Management used ________ strategies.
Answer:
Tactical behavior.
Explanation:
In this scenario, Pete noticed a pattern at the annual budgeting session of his company. Mid-level managers were asking for unrealistically high budgets while top management was attempting to limit budgets under last year's actual expenditures. Hence, we can safely conclude that the management used tactical behavior strategies.
Tactical behavior strategy can be defined as the process of using tactics or maneuvers to achieve the best outcome which is aimed beyond an immediate action to problems.
The Uniform Securities Act is designed to protect the general public and not restrict investment activities of institutional or professional investors. Any offer or sale to any of the following would be considered exempt from the registration and advertising filing requirements of the USA EXCEPT:__________- A) savings institutions B) broker-dealers C) chief executive officers of companies listed on the NYSE D) banks
Answer: C. chief executive officers of companies listed on the NYSE.
Explanation:
The Uniform Securities Act was put in place in order to curtail securities fraud. It was designed in order to protect the public.
It should be noted that Any offer or sale to any of the following would be considered exempt from the registration and advertising filing requirements of the USA except the chief executive officers of companies listed on the NYSE.
John and Jane are a married couple. John is a medical doctor, while Jane is a business executive. They maintain their finances separately - John has his options account at BD "A." while Jane has her options account at BD "B." John and Jane were talking over dinner about the latest news coming from XYZZ Corp. and they decide that the stock will likely move up rapidly. The next day, John places an order with his broker to buy 140,000 XYZZ calls and Jane calls her broker and places an order to buy 160,000 XYZZ calls. The position limit for XYZZ is 250,000 contracts on each side of the market. Which statement is TRUE
Answer:
The remaining part of the question is:
Which Statement is True:
A. This is not a violation of position limits because the positions were taken in accounts at different broker-dealers
B. This is not a violation of position limits because each individual acted independently when placing his or her order
C. This is not a violation of position limits because of the marriage exemption from position limit violations
D. This is a violation of position limits
Correct Answer:
D. This is a violation of position limits
Explanation:
Since Jane and John are couple, it would be treated as a single entity despite the fact that, they operate different account in different banks. The position limit for XYZZ is 250,000 contracts whether as an individual or as a couple placed independently or jointly.
______is a corporate-level strategy that emphasizes re-investing a company's profits in strengthening its competitive position in its current industry. A. Concentration on a single industry.B. Forward vertical integration.C. Diversification.D. Backward vertical integration.E. International expansion.
Answer:
A. Concentration on a single industry
Explanation:
The concentration strategy refers to the strategy in which the company wants to compete successfully handling a single industry. The company focused on a single product or the single market in this type of strategy
Here in the given situation, the reinvesting a company profits to strengthen the competitive position in the current industry represents the concentration on a single industry
Hence, the correct option is A.
To market Suave shampoo, Unilever used PRIZM to identify neighborhoods with high concentrations of young working women. These women responded best to advertisements conveying the message that Suave is inexpensive, yet will make their hair "look like they spend a fortune on it." What segmentation tool did Unilever use in this example
Answer: Geodemography
Explanation:
Geodemography is used in market and it occurs when the marketplace of the consumers are divided into segments
thar will be reachable and locatable to the consumers who live around that particular neighborhood.
Based on the analysis explained in the question above, this is the segmentation tool that was utilized by Unilever.
The receipt of dividends and interest from abroad as a result of ownership of foreign assets by a country's residents is recorded as what:____________.
Answer:
income-generating assets under the current account of the balance of payment.
Explanation:
In international trade to balance of payments between countries looks at inflow and outflow of funds as a result of trade.
When there is balance of trade deficit the country imports from others. When there is balance of payment surplus the country exports to others.
The fund movement is recorded in various accounts. These are current account, capital account, and financial account.
The current account is used to record funds recieved from goods, services, income, and current transfers.
The receipt of dividends and interest from abroad as a result of ownership of foreign assets by a country's residents is recorded as
income-generating assets under the current account of the balance of payment.
The buyer of a futures contract is said to have a __________ position, and the seller of a futures contract is said to have a __________ position in futures. Group of answer choices margined; long short; long short; short long; short long; long
Answer: long; short
Explanation:
The buyer of a futures contract is said to have a long position, and the seller of a futures contract is said to have a short position in futures.
The buyer of a futures contract is said to have a long position as the individual wants to buy the commodity at its delivery date while the seller will deliver when it matures.
A company has revenues of $1,250,000 with a net profit margin of 10%. If the depreciation for the year is $75,000, short-term investments decreased by $15,000, accounts receivable increased by $10,000, inventory decreased by $5,000 and accounts payable decreased by $6,000, what is the net cash provided by operations.
Answer:
$204,000
Explanation:
The computation of net cash provided by operations is shown below
Cash flow from operating activities
Net profit ($1,250,000 × 10%) $125,000
Add: depreciation expense $75,000
Add: Decrease in short term investment $15,000
Less: Increase in account receivable -$10,000
Add: Decrease in inventory $5,000
Less: Decrease in account payable -$6,000
Net Cash provided by operations $204,000
The minus sign depicts the cash outflow and the positive sign depict the cash inflow
When it is time for Margaret to provide performance appraisals, she organizes her subordinates in a list from best employee to worst employee. Which method does Margaret most likely use
Answer:
Ranking method
Explanation:
Ranking method for performance appraisal is the oldest, and it involves the use of rankings in evaluating the performance of employees. Employees are usually organized depending on their worth; they are ranked in different categories from the highest performance to the lowest performance or from the best employee to the worst employee. This type of method compares between employees.
The market inverse demand curve is P = 90 – Q, where Q is the total market output consisting of Firm 1's output, q1, and Firm 2's output, q2. Both firms have a constant marginal cost of $10. If Firm 1 selects its output level first, how much output does each firm produce?
Answer:
Firm 1 produces 40 and Firm 2 produce 20
Explanation:
Given that:
The market inverse demand curve is P = 90 – Q
Total TC = 10q + 10
and θ = q₁ + q₂
Both firms have a constant marginal cost
Then :
TC₁ = 10q₁ + 10
TC₂ = 10q₂ + 10
If Firm 1 selects its output level first, then it acts as a leader and firm 2 acts as a follower.
So, let have :
Ф₂ = pq₂ - TC₂
Ф₂ = (90 - θ)q₂ - 10q₂ - 10
Ф₂ = 90q₂ - (q₁ + q₂)q₂ - 10q₂ - 10
Ф₂ = 80q₂ - q₁q₂ - q₂² - 10
[tex]\dfrac{d \phi_2}{dq_2} = 80 - q_1 - 2q_2[/tex]
80 - q₁ - 2q₂ = 0
80 - q₁ = 2q₂
2q₂= 80 - q₁
[tex]q_2 = \dfrac{80 - q_1}{2}[/tex]
[tex]q_2 = 40 - \dfrac{ q_1}{2}[/tex]
Ф₁ = pq₁- TC₁
Ф₁ = ( 90 - θ )q₁ - 10q₁ - 10
Ф₁ = 90q₁ - (q₁ + q₂)q₁ - 10q₁ - 10
Ф₁ = 80q₁ - q₁² - q₁q₂ - 10
Replace the value of q₂ in the above equation ,
[tex]\phi _1 = 80q_1 - q_1^2 - q_1 (40 - \dfrac{q_1}{2}) - 10[/tex]
[tex]\phi _1 = 80q_1 - q_1^2 - 40q_1 - \dfrac{q_1^2}{2} - 10[/tex]
[tex]\phi _1 = 40q_1 - \dfrac{q_1^2}{2} - 10[/tex]
[tex]\dfrac{ d \phi_1}{ d q_1} = 40 - \dfrac{2q}{2} - 0[/tex]
[tex]\dfrac{ d \phi_1}{ d q_1} = 40 - q_1[/tex]
40 - q₁= 0
q₁ = 40
Recall that
[tex]q_2 = 40 - \dfrac{ q_1}{2}[/tex]
[tex]q_2 = 40 - \dfrac{ 40}{2}[/tex]
[tex]q_2 = \dfrac{ 80-40}{2}[/tex]
[tex]q_2 = \dfrac{ 40}{2}[/tex]
q₂ = 20
Firm 1 produces 40 and Firm 2 produce 20
Sarah Meeham blends coffee for Tasti-Delight. She needs to prepare 170 pounds of blended coffee beans selling for $3.76 per pound. She plans to do this by blending together a high-quality bean costing $5.00 per pound and a cheaper bean at $2.00 per pound. To the nearest pound, find how much high-quality coffee bean and how much cheaper coffee bean she should blend
Answer:
The quantity of high-quality coffee been is 100 and cheaper coffee bean is 70.
Explanation:
Let the quantity of high-quality coffee bean = x
The price of high-quality bean = $5 per pound.
Let the cheaper coffee bean = y
The price of cheaper coffee bean = $2 per pound.
So, from the equation there are two equation can be formed.
x + y = 170
5x + 2y = 170×3.76
Now, solve both the equation for the value of x and y.
x + y = 170
x = 170-y
now insert, x = 170 – y in the below equation.
5x + 2y = 170×3.76
5 (170 – y) + 2y = 639.2
850 – 5y + 2y = 639.2
-3y = 639.2 – 850
- 3y = -210.8
y = 70.26 or the 70
now insert 70 in x = 170-y.
x = 170 – 70
x = 100
Thus, the quantity of high-quality coffee been is 100 and cheaper coffee bean is 70.
Considere que a empresa vale dos lirios Ltda, recebeu por meio de caixa, o valor registrado an conta de clientes referente a venda efetuada no mês de marco/2020- no valor de $3.400,00. Qual a alternativa que corresponde o método das partidas dobradas?
Responda:
Por favor, verifique a explicação
Explicação:
O método de dupla entrada simplesmente se refere a um princípio contábil em que cada transação realizada tem um registro duplo, ou seja, se uma operação de crédito é realizada, o débito correspondente é registrado, da mesma forma, quando ocorre um débito, o lançamento a crédito correspondente também é registrado ao lado.
No cenário acima, a entrada de débito do ativo adquirido pelo cliente à vista de R 3.400 enquanto a vale Lirios Ltda é creditada com o dinheiro recebido na venda de seu ativo.
Ativo Caixa R $ 3.400 - - - - Débito
vale Lirios Ltda (ativo) R $ 3.400 - - - crédito
