What is the last step in developing an ABC system?

Answers

Answer 1

In the following question, among the conditions given, The last step in developing an ABC system is to implement the system and monitor its effectiveness.

What is an ABC system? Activity-Based Costing (ABC) is a technique for calculating the costs of business processes and products. The costs are assigned to individual products, services, or business processes according to the number and nature of the activities involved in their manufacture or provision. ABC is more accurate than traditional costing methods because it recognizes that various products consume various activities at varying levels of cost.

However, developing an ABC system requires a systematic and logical approach, as well as the following eight steps: Identify and define activities that are relevant to the cost object. Create activity cost pools and estimate the total cost of each pool. Determine the cost driver that has the most impact on each activity pool.

Establish a rate for each activity cost pool by dividing the pool's total cost by its cost driver activity. Estimate the total quantity of each cost driver activity that will be required for each product or service. Compute the cost of each product or service by multiplying the total quantity of each cost driver activity by the rate of the cost driver activity.

Compile the results and allocate the costs of each activity pool to the appropriate products, services, or business processes. Implement the system and monitor its effectiveness. The implementation of the ABC system involves the incorporation of the new process, method, or system into the company's culture. Monitoring the effectiveness of the ABC system assists to keep the system functioning effectively over time.

For more such questions on ABC system

brainly.com/question/30462590

#SPJ11



Related Questions

rico has been trying hard to get a certain building contract for his company. he talks to the government official who is managing the building contract allotment. rico promises the official a 'treat' if he directs the contract to rico's company. rico can be found guilty of . question 52 options: aiding and abetting money laundering bribery larceny embezzlement

Answers

Rico promises the official a 'treat' if he directs the contract to Rico's company. Rico can be found guilty of bribery.

What is bribery?

Bribery is the act of offering, providing, or receiving any valuable thing with the aim of influencing or rewarding the action of any public officer or another person, whether or not the person being influenced or rewarded holds a public office or position.

Rico promised the government official managing the building contract allotment a "treat" in exchange for him directing the contract to Rico's company. This is an act of bribery. If found guilty, Rico would be charged with the offense of bribery.

Rico can be found guilty of bribery if he promises a government official a "treat" if the official directs a certain building contract to Rico's company.

Learn more bribery here:

brainly.com/question/17779832

#SPJ11

Limited and general are the two traditional subcategories of which of the following business entities?a. Partnership
b. Limited liability company
c. Corporation
d. Sole proprietorship

Answers

Limited and general are the two traditional subcategories of partnership business entities .

What is a partnership business entity ?A partnership is a company where two or more people collaborate to run a company. They share profits and losses, duties, and responsibilities as well. Because there are two or more owners, a partnership is not a sole proprietorship. Furthermore, each partner has a say in how the company is run. A partnership's owners have a legal obligation to one another. They are also in charge of keeping the company running smoothly. A general partnership is the most prevalent kind of partnership. In a general partnership, all partners have a say in how the company is run, and all partners share in the firm's losses and gains.Limited Partnership: A limited partnership, also known as a limited liability partnership (LLP), is a partnership in which one or more partners is designated as a limited partner. As a result, they have limited legal responsibility for the company's debts and obligations. These partners are also less involved in the day-to-day operations of the company. The company's remaining partners are known as general partners. They are responsible for running the business and taking on the legal obligations of the firm. The general partners are also in charge of allocating profits and losses to the limited partners.

for such more questions on business entity

https://brainly.com/question/13142281

#SPJ11

which of these statements about the benefits of economic growth is true? answer unselected economic growth will eliminate poverty. unselected economic growth can help people at all income levels. unselected economic growth assures full employment.

Answers

The statement that is true about the benefits of economic growth is that it can help people at all income levels.

Economic growth can create new and better-paying jobs, increase the availability of goods and services, and provide more opportunities for individuals to save and invest. This, in turn, can lead to greater economic stability and improved standards of living for all members of society, regardless of their income level.

In addition, economic growth can lead to increased tax revenue, which can then be used to fund public services and reduce public debt.

However, economic growth does not automatically guarantee full employment or eliminate poverty. It is important to consider the structural and institutional factors that can affect the impact of economic growth on different groups in society.

To know more about economic growth click on below link:

https://brainly.com/question/11679822#

#SPJ11

during thegrowth stage of the product life cycle, sales begin to rise, as do profits, as companies begin to take advantag e of economies of scale in purchasing, manufacturing, and distribution. (true or false)

Answers

It is true that during the growth stage of the product life cycle, sales begin to rise as companies begin to take advantage of economies of scale in purchasing, manufacturing, and distribution because they want to expand their distribution channels and consider new markets to maximize sales and profits.

What is the product life cycle?

The product life cycle is a marketing concept that explains the stages a new product goes through during its time on the market. These four stages are: introduction, growth, maturity, and decline.

During the growth stage of the product life cycle, sales and profits begin to rise as a result of a variety of factors. Companies may begin to take advantage of economies of scale in purchasing, manufacturing, and distribution. Economies of scale are a cost-saving concept in which the cost of producing or providing a product or service decreases as the volume of production or output rises.

During the growth stage of the product life cycle, sales increase as the product becomes more well-known, sales channels expand, and consumer demand grows. This stage is characterized by an increase in advertising and promotion expenditures to encourage more people to purchase the product. During the growth stage, companies may also expand their distribution channels and consider new markets to maximize sales and profits.

Learn more about product life cycle here: https://brainly.com/question/14567370

#SPJ11

According to Cleo's physician, her blood cholesterol level is too high. Which of the following foods can Cleo add to her diet to help lower her cholesterol?
Fiber-fortified ready-to-eat cereal
Fat-free chocolate milk
Lean beef
American processed cheese food

Answers

According to Cleo's physician, her blood cholesterol level is too high. She can add Fiber-fortified ready-to-eat cereal to her diet to help lower her cholesterol.

Cholesterol is a fatty substance that is necessary for the body to function properly. However, too much cholesterol can cause heart disease and other health problems.There are two forms of cholesterol: LDL (low-density lipoprotein) and HDL (high-density lipoprotein). LDL cholesterol is the "bad" cholesterol that can accumulate in the arteries and increase the risk of heart disease. On the other hand, HDL cholesterol is the "good" cholesterol that helps remove LDL cholesterol from the arteries.

According to the American Heart Association, foods that are high in fiber, such as fruits, vegetables, and whole grains, can help lower cholesterol levels. Foods that are high in saturated and trans fats, such as fatty meats, full-fat dairy products, and processed foods, should be avoided or limited in the diet.In addition, incorporating foods that contain heart-healthy fats, such as nuts, seeds, and fatty fish, can also help lower cholesterol levels. It is important to maintain a healthy weight, engage in regular physical activity, and limit alcohol consumption to help lower cholesterol levels.

For more about cholesterol:

https://brainly.com/question/27756235

#SPJ11

demand in which quantity demanded does not respond at all to a change in price is known as demand.

Answers

The demand in which the quantity demanded does not respond at all to a change in price is known as Perfectly Inelastic demand.

The demand in which the change in quantity demanded is less than the change in price is called inelastic demand. This means that an increase in the price of a good or service will only marginally decrease the quantity demanded.

Perfectly Inelastic Demand is the term used to describe the situation where the quantity demanded of a product or service is completely unaffected by a change in its price.

Demand in which quantity demanded does not respond at all to a change in price is known as perfectly inelastic demand.

Learn more about elastic demand https://brainly.com/question/29801218

#SPJ11

The nurse is teaching a newly diagnosed client about systemic lupus erythematosus(SLE). What statement by the client indicates the teaching was successful?
a) "The belief is that it is an autoimmune disorder with an unknown trigger."
b) "This disorder is more common in men in their thirties and forties than in women."
c) "SLE has very specific manifestations that make diagnosis relatively easy."
d) "The symptoms are primarily localized to the skin but may involve the joints."

Answers

The statement by the client indicates the teaching was successful  are"The symptoms are primarily localized to the skin but may involve the joints." (D)

Systemic lupus erythematosus (SLE) is an autoimmune disorder that primarily affects the skin and joints. It is usually characterized by a butterfly rash, which is a red, scaly rash that covers the cheeks and bridge of the nose.

It can also cause joint pain and swelling, fatigue, and sensitivity to light. This indicates that the teaching was successful, as the client has demonstrated an understanding of the primary symptoms of SLE. (D)

To know more about Systemic lupus erythematosus click on below link:

https://brainly.com/question/9442577#

#SPJ11

The university president believes that increasing student tuition by 5% will increase revenues. If the president is correct that revenues will increase, then the tuition increase will: A) reduce the number of students enrolling by less than 5%. B) reduce the number of students enrolling by more than 5%. C) reduce the number of students enrolling by exactly 5%. increase the number of students enrolling by 5%.

Answers

The university president believes that increasing student tuition by 5% will increase revenues. If the president is correct that revenues will increase, then the tuition increase will A) reduce the number of students enrolling by less than 5%.

What is tuition?

Tuition is a sum of money charged for teaching or instruction by a school, college, or university. The president of a university believes that increasing tuition fees by 5% would result in an increase in revenue.

The number of students enrolling at the university, on the other hand, may be impacted by the tuition increase.Increasing the tuition fee by 5% will make it more difficult for many students to afford to attend the university. However, if the increase in tuition fees causes an increase in revenue, the tuition increase will result in a reduction in the number of students enrolling by less than 5%.

As a result, we can conclude that if the university president is correct about the increase in revenue resulting from the increase in tuition fees, the tuition increase will result in a reduction in the number of students enrolling by less than 5%.Option A is correct.

Learn more about tuition at

https://brainly.com/question/18703725

#SPJ11

business incubators rent space to new businesses or people wishing to start businesses but do not offer management advice or provide any other form of assistance. true false

Answers

False. Business incubators typically provide more than just physical space.

What else do business incubators do?

In addition to renting space, they often offer a range of services and support to help new businesses grow and succeed. This can include management advice, mentoring, access to funding, networking opportunities, and other forms of assistance.

The goal of business incubators is to help startups overcome the challenges of starting and growing a new business, and to create a supportive environment where entrepreneurs can thrive.

Read more about management advice here:

https://brainly.com/question/28072798

#SPJ1

on january 1, 2020, mcilroy, inc., acquired a 60 percent interest in the common stock of stinson, inc., for $365,400. stinson's book value on that date consisted of common stock of $100,000 and retained earnings of $216,100. also, the acquisition-date fair value of the 40 percent noncontrolling interest was $243,600. the subsidiary held patents (with a 10-year remaining life) that were undervalued within the company's accounting records by $75,100 and an unrecorded customer list (15-year remaining life) assessed at a $50,700 fair value. any remaining excess acquisition-date fair value was assigned to goodwill. since acquisition, mcilroy has applied the equity method to its investment in stinson account and no goodwill impairment has occurred. at year-end, there are no intra-entity payables or receivables.

Answers

The value of Goodwill is -$320,100..

Calculate the goodwill

As per the details given in the question, the following points can be determined:

Acquisition price = $365,400

Book value of Stinson = $100,000 + $216,100 = $316,100

Fair value of non-controlling interest = 40% of $609,000 = $243,600

Value of patents = $75,100

Value of customer list = $50,700

Goodwill = Acquisition price - Fair value of identifiable net assets

Acquisition price = $365,400

Fair value of identifiable net assets = $100,000 + $216,100 + $243,600 + $75,100 + $50,700 = $685,500

Goodwill = $365,400 - $685,500= -$320,100

Therefore, Goodwill is -$320,100.

Learn more about Goodwill at

https://brainly.com/question/29910695

#SPJ11

Which of the following is not one of the five questions that comprise the task of evaluating a company’s resources and competitive position?A) What are the company’s most profitable geographic market segments?B) How well is the company’s present strategy working?C) Are the company’s prices and costs competitive?D) Is the company competitively stronger or weaker than key rivals?E) What strategic issues and problems merit front-burner management attention?

Answers

Option A) What are the company’s most profitable geographic market segments? is not one of the five questions that comprise the task of evaluating a company's resources and competitive position.

About Comprise the task of evaluating a company’s resources and competitive position Questions

The five questions that comprise the task of evaluating a company’s resources and competitive position are as follows:

How well is the company’s present strategy working?

Are the company’s prices and costs competitive?

Is the company competitively stronger or weaker than key rivals?

What are the company’s resource strengths and weaknesses and its external opportunities and threats

Hence, option A) What are the company’s most profitable geographic market segments? is not one of the five questions that comprise the task of evaluating a company's resources and competitive position.

Learn more about market segment at

https://brainly.com/question/30916026

#SPJ11

Consultants notify management of Discount Pharmaceuticals that a stroke medication poses a potential health hazard. Counsel indicates that a product recall is probable and is estimated to cost the company $8 million. How will this affect the company's income statement and balance sheet this period?

Answers

When Discount Pharmaceuticals is informed by its consultants that a stroke medication poses a potential health risk, the company's income statement and balance sheet are affected. The effect of a possible product recall, which is estimated to cost $8 million, will be felt on both statements in the current period.

The income statement is a financial statement that provides information on a company's revenue and expenses for a specific period. The income statement shows a company's net income or loss by subtracting expenses from revenue.

A balance sheet is a financial statement that gives information on a company's assets, liabilities, and equity at a specific time. The balance sheet shows how much the company owns (assets), how much it owes (liabilities), and how much of the assets are funded by investors (equity).

When a product recall is probable, the estimated cost is recorded as an expense on the income statement. In this case, the estimated cost of the recall is $8 million. Therefore, the company will have an $8 million expense recorded on the income statement in the current period. When a company incurs a large expense, such as a product recall, its net income decreases. When the net income decreases, the company's equity also decreases. This decrease in equity is reflected on the balance sheet in the current period. Therefore, the company's net income and equity will decrease by $8 million during the current period.

Learn more about Balance Sheet: https://brainly.com/question/1113933

#SPJ11

A __________ refers to terms and conditions for a purchased service that indicate, among other things, what services will be performed and how the service provider will be evaluated. a) statement of work (i.e. scope of work) b) purchase order c) cost-based contract d) fixed-price contract

Answers

A  statement of work refers to terms and conditions for a purchased service that indicate, among other things, what services will be performed and how the service provider will be evaluated. (A)

A statement of work (SOW) is a document that defines the terms and conditions for a purchased service. It outlines the specific tasks and deliverables required from the service provider, how the service provider will be evaluated, and the payment conditions and structure.

The SOW also includes details about the contract duration, intellectual property rights, and any additional obligations. A SOW should be as specific and detailed as possible, and should also include any assumptions and limitations that are part of the agreement. (A)

To know more about intellectual property rights click on below link:

https://brainly.com/question/169200#

#SPJ11

6. Examples of price discrimination Complete the following table by indicating whether or not each scenario is an example of price discrimination. Hint: To determine whether a scenario is an example of price discrimination, think about whether the market can be segmented into two groups that pay different prices for the same good. Price Discrimination Scenario Yes No A local boutique is having a sale on sweaters, but customers are not aware of the sale until they are already in the store. In other words, there is no advertising of the sale other than signs in the back of the store that cannot be seen from the outside. All sweaters are marked as 25% off. Southeast Airlines offers domestic flights to a variety of U.S. cities. The company's last-minute flight discount service, Ping, can be downloaded for free from its website. Each day, Ping will alert users to that day's deals. These deals are available for a short period of time and are good for travel only between certain locations during specified travel periods. Therefore, business travelers tend not to take advantage of these offers.

Answers

Yes, the local boutique is an example of price discrimination, as customers have to enter the store in order to take advantage of the sale. No, Southeast Airlines is not an example of price discrimination, as it offers discounts to everyone who downloads its app and meets the specified criteria for travel.

What is Price Discrimination?
Price discrimination is a technique used by businesses to sell the same product to different buyers at different prices. This strategy is used to increase revenue by extracting the maximum price that each buyer is willing to pay for the product. In order to determine whether a scenario is an example of price discrimination, one must think about whether the market can be segmented into two groups that pay different prices for the same good.

Price discrimination occurs when a company can segment the market into two groups and charge different prices for the same good.

learn more about Price Discrimination here:

https://brainly.com/question/23342760

#SPJ11

incorporating the product/market expansion grid, tim hortons is considering introducing gluten-free donuts for the gluten-intolerant market which it has yet to serve. which of the following strategies is tim hortons undertaking? a. Market developmentb. Product developmentc. Market penetrationd. Diversification

Answers

Incorporating the product/market expansion grid, Tim Hortons is undertaking the strategy of  Product development. (option b)

The product/market expansion grid is a framework that helps companies identify the growth opportunities for their business by considering whether to develop new products or to enter new markets. It consists of four strategies: market penetration, market development, product development, and diversification.

In this scenario, Tim Hortons is considering introducing gluten-free donuts for the gluten-intolerant market that it has yet to serve. This strategy involves developing a new product (gluten-free donuts) to serve a new market (gluten-intolerant customers), which is an example of the product development strategy.

Market development would involve introducing existing products to new markets, market penetration would involve increasing market share in existing markets with existing products, and diversification would involve developing new products for new markets.

Therefore, the correct answer is B) Product development.

Learn more about product development here:

https://brainly.com/question/7035196

#SPJ11

Coca-Cola launched 500 drinks around the world, some of which are truly unique. The Indian Coke subsidiary launched a chunky mango juice. This is an example of a ________ strategy.
A. national
B. downstream
C. multidomestic
D. upstream

Answers

Coca-Cola launched 500 drinks around the world, some of which are truly unique. The Indian Coke subsidiary launched a chunky mango juice. This is an example of a multi-domestic strategy.

What is a Multi-domestic strategy?

A multi-domestic strategy is a decentralized approach that is used by a multinational corporation to expand into local markets. It encourages the company to modify products and operations to meet the specific demands of the local market. This technique is often used by multinationals to increase their global presence while still being mindful of regional sensitivities, which may necessitate changes to their strategy.

Coca-Cola is a multinational corporation that uses a multi-domestic strategy. It is important to note that this is not the same as Coca-Cola's upstream and downstream strategies. The upstream strategy relates to Coca-Cola's procurement of raw materials, while the downstream strategy relates to the delivery of finished products to retailers and end-users.

learn more about Multi-domestic strategy here:

https://brainly.com/question/30002417

#SPJ11

A decline in the number of young people joining the workforce and an increase in the number of active employees who are postponing retirement are examples of _____ forces in the general environment.

Answers

A decline in the number of young people joining the workforce and an increase in the number of active employees who are postponing retirement are examples of demographic forces in the general environment.

What is the general environment?

The general environment refers to the broad social, economic, and technological aspects of an organization's environment that impact its operations. Demographic, economic, political/legal, sociocultural, technological, and ecological/natural environmental elements make up the general environment. These external variables may have a significant impact on an organization's operations, marketing, and other decision-making procedures.

In this particular scenario, we are dealing with demographic forces, which are external environmental factors that are characterized by a population's demographic trends. Changes in population demographics have a significant impact on the demand for an organization's goods and services. Furthermore, demographics can have a significant impact on human resources, marketing, and other corporate operations.

Besides demographic forces, other environmental factors that an organization may face include economic, political/legal, sociocultural, technological, and ecological/natural environmental elements. These environmental factors are referred to as general environment forces in the business context.

Learn more about general environment here: https://brainly.com/question/14697724

#SPJ11

mica wanted to demonstrate the increase in medical costs over the past ten years as compared with the increase in real income for the same period. the best visual aid to accomplish this would be a .

Answers

The best visual aid to demonstrate the increase in medical costs over the past ten years as compared to the increase in real income for the same period would be a line graph.

A line graph is a useful tool for displaying trends over time, making it an ideal choice for showing the change in medical costs and real income over the past decade. The x-axis of the graph would represent time, while the y-axis would show the values of medical costs and real income. Two lines could be plotted on the graph, one showing the increase in medical costs over time, and the other showing the increase in real income. This would allow for a clear visual comparison of the two trends and help to demonstrate the difference between the two increases over time.

You can learn more about line graph at

https://brainly.com/question/9699786

#SPJ11

the annual cost of the electricity for the family showers, assuming that 2.5 gallons per minute of the water used is from the hot-water heater

Answers

Annual cost of the electricity for the family showers is $322.50

The annual cost of electricity for the family showers depends on several factors, including the rate per kilowatt-hour charged by the utility company, the wattage of the hot-water heater, and the amount of water used. To calculate the cost, you will need to multiply the kilowatt-hour rate by the wattage of the hot-water heater, then multiply that number by the number of hours per year in which hot water is used, and then divide by 1000 to convert from watts to kilowatts. Specifically, you need to calculate:

Annual Cost = (Kilowatt-hour rate x Wattage of hot-water heater x Number of hours per year in which hot water is used) / 1000

For example, if the kilowatt-hour rate is $0.10, the wattage of the hot-water heater is 4,500 watts, and the amount of water used is 2.5 gallons per minute, then the annual cost of electricity for the family showers would be:

Annual Cost = (0.10 x 4,500 x 7,300) / 1000 = $322.50


Q: The annual cost of the electricity for the family showers, assuming that 2.5 gallons perminute of the water used is from the hot-water heater (2 points—1 point for correct setup and 1 point for correct answer with units)

Learn more about Annual cost: https://brainly.com/question/5038376

#SPJ11

Which of these are consequences of an increase in long-run aggregate supply? Correct Answer(s) Drag appropriate answer(s) here an increase in the price level an increase in full-employment output an increase in short-run aggregate supply
an increase in the price level a decrease in the long-run rate of unemployment
Drag appropriate answer(s) here Incorrect Answer(s)

Answers

We can see consequences of an increase in long-run aggregate supply are:

an increase in full-employment outputa decrease in the long-run rate of unemployment.

What is aggregate supply?

Aggregate supply refers to the total quantity of goods and services that firms in a national economy are willing and able to produce in a given period of time, at a given price level. It is the sum of all individual supply curves for all goods and services in an economy.

Aggregate supply can be divided into short-run aggregate supply, which is affected by changes in the price level, and long-run aggregate supply, which is determined by the availability and productivity of factors of production.

Learn more about aggregate supply on https://brainly.com/question/15100476

#SPJ1

Wisdom Co. has a note payable to its bank. An adjustment is likely to be required on Wisdom's books at the end of every month that the loan is outstanding to record the:A. amount of interest paid during the month.B. amount of total interest to be paid when the note is paid off.C. amount of principal payable at the maturity date of the note.D. accrued interest expense for the month.

Answers

An adjustment is likely to be required on Wisdom's books at the end of every month that the loan is outstanding to record the accrued interest expense for the month. So, the correct option is D.

What does Wisdom Co. need to record?

Wisdom Co. has a note payable to its bank. An adjustment is likely to be required on Wisdom's books at the end of every month that the loan is outstanding to record the accrued interest expense for the month.

In a business, when a company takes a loan from a bank or financial institution, they incur an expense of interest on that loan on a monthly or quarterly basis, depending on the loan agreement. The interest expense needs to be recognized in the books of account at the end of each accounting period or monthly basis.

In the case of Wisdom Co., it has taken a loan from its bank. The company will have to recognize the interest expense that has accrued on the loan on a monthly basis.

The accrued interest expense for the month is recognized in the adjusting entries at the end of each month. This adjustment is required to ensure that the financial statements of Wisdom Co. show the accurate financial position of the company.

Learn more about interest expense at

https://brainly.com/question/14185533

#SPJ11

probability proportional to size selection is used with ______ . multiple choice question. a) both monetary unit and classical b) variables sampling classical c)variables sampling only monetary d) unit sampling only

Answers

The probability proportional to size selection is used with variables sampling only monetary.

What is probability proportional to size (PPS)? Probability proportional to size (PPS) is a method of sampling. In this technique, a weighted selection procedure is used. In other words, the probability of selecting an item is proportional to its size.

How do we use the probability proportional to size method of sampling? We use the probability proportional to size method of sampling to ensure that each item in a population has an equal chance of being selected. The probability of choosing an item is determined by its size or value.

You can read more about sampling at https://brainly.com/question/27829028

#SPJ11

What is the present value of an annuity that pays $74 per year for 5 years and an additional $1,000 with the final payment? Use a nominal rate of 9.65%.
a. $1,019b. $1,017c. $1,002
d. $914
e. $1,092

Answers

The present value of an annuity that pays $74 per year for 5 years and an additional $1,000 with the final payment is $1,019.

This is calculated using the formula for present value of an annuity which takes into account the future value of a series of payments made at the end of each period.

To calculate the present value, we need to know the nominal rate (in this case, 9.65%), the payment per period (in this case, $74) and the number of payments (in this case, 5). We also need to factor in the additional $1,000 that is paid out with the final payment.

The formula for present value is:
PV = C x [((1 + r)^n - 1)/r]

Where,
PV = Present Value
C = Payment per period
r = Nominal rate
n = Number of payments

Substituting our values into the formula, we get:
PV = 74 x [((1 + 0.0965)^5 - 1) / 0.0965] + 1000

Simplifying, this is:
PV = 74 x [((1.0965)^5 - 1) / 0.0965] + 1000

Calculating this further, we get:
PV = 74 x [5.4732 - 1) / 0.0965] + 1000
PV = 74 x 4.4767 + 1000
PV = $1,019

Therefore, the present value of an annuity that pays $74 per year for 5 years and an additional $1,000 with the final payment is $1,019.

For more question on "Annuity" :

https://brainly.com/question/25792915

#SPJ11

Final answer:

The present value of the annuity can be calculated using the present value of an annuity formula and the present value of a future lump sum formula. Unfortunately, none of the provided options appear to be correct.

Explanation:

The present value of an annuity can be calculated using the formula PVA = PMT * [(1 - (1 + r)^-n) / r]. In this case, PMT refers to the annuity payment per period which is $74, r is the interest rate per period as a decimal (9.65%/100) = 0.0965, and n is the number of periods which is 5 years. However, since the annuity includes an additional lump sum of $1000 with the final payment, we will have to consider this separately as a present value of a future lump sum. The present value of a future lump sum can be calculated using the formula PV = FV * (1 + r)^-n. Therefore, the present value of the annuity is the sum of the present value of the annuity payments and the present value of the final lump sum payment. Unfortunately, none of the provided options (a. $1,019 b. $1,017 c. $1,002 d. $914 e. $1,092) seem accurate based on these calculations.

Learn more about Present Value of Annuity here:

https://brainly.com/question/33116077

#SPJ12

Workers in high-income countries have ________ to work with than do workers in low-income countries. A. more labor and less physical capital B. less physical capital C. more labor D. more physical capital

Answers

Workers in high-income countries have more labor and less physical capital to work with than do workers in low-income countries Option (a)

Workforce productivity is the amount of products and services produced by a group of workers in a particular period of time. It is one of numerous forms of productivity measured by economists. Workforce productivity, also known as labour productivity, is a metric that can be used to an organisation or firm, a process, an industry, or a country.

Workforce productivity is distinct from employee productivity, which is a measure used at the individual level based on the assumption that overall productivity can be broken down into increasingly smaller units until, eventually, to the individual employee, to be used for example, allocating a benefit or sanction based on individual performance.

Learn more about Workforce productivity

https://brainly.com/question/30482805

#SPJ4

An example of innovative change is a department store deciding to adopt a new practice used by competitors by staying open 24 hours a day and requiring employees to work flexible schedules, a change that employees are likely to see as moderately threatening.T/F

Answers

The statement is "true." An example of innovative change is a department store deciding to adopt a new practice used by competitors by staying open 24 hours a day and requiring employees to work flexible schedules, a change that employees are likely to see as moderately threatening.

Therefore if it is, Staying open 24 hours a day is an example of an innovative change, as it is a change from the status quo. The practice of requiring employees to work flexible schedules may be seen as moderately threatening, as it requires employees to alter their usual routines and schedules.

For more such questions on department

https://brainly.com/question/30062392

#SPJ11


what industry was the first to be greatly affected by the industrial revolution?

Answers

The textile industry was the first to be greatly affected by the industrial revolution.

The Industrial Revolution was a period of rapid industrialization that took place from the 18th to the 19th century in Europe and North America. It was characterized by the transition from hand production methods to machine-based manufacturing, leading to an increase in productivity and the creation of new industries.

The revolution began in Britain in the mid-18th century and spread throughout Europe and North America. The introduction of new machines and technology, such as the spinning jenny and steam engine, enabled the mass production of goods and the mechanization of formerly manual tasks. This revolutionized the way goods were produced and distributed, leading to the growth of factories, mass production, and urbanization.

To learn more about Industrial revolution visit here:

brainly.com/question/855594

#SPJ4

A ______ is one between a manufacturer and a dealer, which assigns the dealer an exclusive territory, and the manufacturer agrees not to sell to other dealers in that territory in exchange for an agreement by the dealer that it will not operate outside the area assigned.
A. vertical territorial agreement
B. conglomerate territorial agreement
C. congeneric territorial agreement
D. tying territorial agreement
E. per se territorial agreement

Answers

Answer:

B. conglomerate territorial agreement

the post-closing trial balance does not include any revenues, expenses, or dividends, because these accounts are permanent accounts. group startstrue or false true, unselected false, unselected

Answers

The statement "the post-closing trial balance does not include any revenues, expenses, or dividends, because these accounts are permanent accounts" is true.

A post-closing trial balance is a trial balance that is prepared after closing entries are recorded in the company's books. It is used to verify that the total amount of debit balances in the ledger equals the total amount of credit balances in the ledger.

A post-closing trial balance only contains the balances of permanent accounts. Permanent accounts are accounts that carry forward their balances to the next accounting period. Examples of permanent accounts include asset accounts, liability accounts, and equity accounts. The balances of these accounts are not closed out to zero at the end of an accounting period.

See more about trial balance at https://brainly.com/question/24914390.

#SPJ11

what can be the advantage of currency undervaluation? group of answer choices increase export increase outward foreign direct investment protect domestic exporting firms protect domestic consumers by giving them more purchasing power over foreign goods and services

Answers

Advantages of currency undervaluation include increased exports, increased outward foreign direct investment, protection of domestic exporting firms, and protection of domestic consumers by giving them more purchasing power over foreign goods and services.(A,B,C,D)

Currency undervaluation is when a country deliberately sets their exchange rate to make their currency less valuable compared to other currencies. This makes the country's exports cheaper compared to its competitors, boosting the country's export sector.

Furthermore, it can make the country's stock market and other investment opportunities more attractive to foreign investors, leading to increased outward foreign direct investment.

Domestic exporting firms are also protected as the lower currency rate increases the competitiveness of their products. Finally, domestic consumers can benefit from the undervalued currency as they can purchase more foreign goods and services with their money.(A,B,C,D)

To know more about currency undervaluation click on below link:

https://brainly.com/question/30035785#

#SPJ11

Complete question:

what can be the advantage of currency undervaluation? group of answer choices

A) increase export

B) increase outward foreign direct investment

C) protect domestic exporting firms

D) protect domestic consumers by giving them more purchasing power over foreign goods and services

17. Deerhoof Company purchases equipment for $2,700 and supplies for $400 from Milkman Co. for $3,100 cash. The entry for this transaction will include a A) credit to Accounts Payable for Deerhoof. B) debit to Equipment $2,700 and a debit to Supplies Expense $400 for Milkman C) debit to Equipment $2,700 and a debit to Supplies $400 for Deerhoof. D) credit to Cash for Milkman. 45. On July 7, 2015, Hidden Camera Enterprises performed cash services of $1,700. The entry to record this transaction would include A) a credit to Accounts Payable of $1,700. B) a debit to Cash of $1,700. C) a debit to Service Revenue of $1,700. D) a credit to Accounts Receivable of $1,700.

Answers

17. The entry for this transaction will include a debit to Equipment $2,700 and a debit to Supplies $400 for Deerhoof.

The correct option is C, debit to Equipment $2,700 and a debit to Supplies $400 for Deerhoof. Deerhoof Company purchased equipment worth $2,700 and supplies worth $400 from Milkman Co. for $3,100 cash.

Therefore, this transaction will be recorded in the accounts as follows: Debit to Equipment $2,700 and a debit to Supplies $400 for Deerhoof. Credit to Cash $3,100 for Milkman Co.45. The entry to record this transaction would include a debit to Cash of $1,700.The correct option is B, a debit to Cash of $1,700.

Hidden Camera Enterprises performed cash services of $1,700 on July 7, 2015. Therefore, this transaction will be recorded in the accounts as follows: Debit to Cash $1,700 and a credit to Service Revenue $1,700. There is no account payable, accounts receivable or any other account involved in this transaction. Hence, the correct answer is a debit to Cash of $1,700.

You can read more about debit transaction at https://brainly.com/question/28390335

#SPJ11

Other Questions
"Yes: Mexico must be thoroughly chastised! . . . The news of yesterday [at the southern border] has added the last argument wanted to prove the necessity of an immediate Declaration of War by our government toward its southern neighbor."We are justified in the face of the world, in having treated Mexico with more forbearance [tolerance] than we have ever yet treated an enemy. . . . We have . . . submitted thus far to a most offensive rejection of an Ambassador personifying the American nation, and waited for years without payment of the claims of our injured merchants. We have sought peace through every avenue, and shut our eyes to many things, which, had they come from England or France, the President would not have dared to pass over without stern and speedy resentment. We have dammed up our memory, of what had passed in the South [Texas] years agoof devilish massacres of some of our bravest and noblest sons . . . in violation of all the rules of war. . . ."We think there can be no doubt of the truth of yesterday's news; and we are sure the people here, ten to one, are for prompt and hostilities. . . . Let our arms now be carried with a spirit which shall teach the world that, while we are not forward for a quarrel, America knows how to crush, as well as how to expand!"Walt Whitman, journalist and poet, editorial in the Brooklyn Eagle, 1846"President [James K. Polk] in his message, as a pretext for sending our army to invade and conquer the country upon the Rio Grande, says: "Texas by its [legislative] act of December 19, 1836, had declared the [Rio Grande] to be the boundary of that [formerly independent] republic.' . . . The truth is that Texas had agreed upon the Nueces [River] as her boundary. . . ."If [Mexico] be ours, why does he seek to justify the taking possession of it by references to the fact that Mexico is indebted to some of our people? If it be not ours, and he has taken possession of it in order to compel Mexico to pay those debts, why not say so? The fact that Mexico has not paid the debts due to our citizens can have no legitimate connection with taking possession of [it as] our own soil. But [the president] was obviously conscious that this invasion of the Mexican territory could not be justified. . . ."When the Executive and Congress openly and avowedly took upon themselves the responsibility of extending and perpetuating slavery by the annexation of Texas, and by the total overthrow and subversion of the Constitution, . . . my confidence in the stability of our institutions was shaken, destroyed. . . . Our Union continues, but our Constitution is gone. . . .". . . No man regards this war as just. We know, the country knows, and the civilized world are conscious, that it has resulted from a desire to extend and sustain an institution on which the curse of the Almighty most visibly rests."Joshua Giddings, congressman from Ohio, speech in the United States House of Representatives, 1846-Based on their arguments in the excerpts, Giddings would likely agree with and Whitman would likely disagree with which of the following claims about the causes of the Mexican-American War? Which positioning base for a product or service focuses on a personality or type of consumer? a. Product class b. Attribute C. Emotion d. Product user The Venn diagram here shows the cardinality of each set. Use this to find the cardinality of the given set.n(A)= Q1. Sulphur burns in air upon gentle heating with a pale blue flame. Itproduces colourless and poisonous sulphur dioxide gas. a) What are the reactants and products in this reaction? Write as aword equation. iintellectual property rights may be legally protected in several ways. which of the following answer options is not one of the ways of protecting intellectual property? Bria is a customer who would like to display her collection of soap carvings on top of her bookcase. The collection needs an area of 300 square inches. What should b equal for the top of the bookcase to have the correct area? Round your answer to the nearest tenth of an inch. I need help D: Please !!!! true/false. some governments initiate restrictive standards that detail exactly how a product must be sold in a country. trade experts call these restrictions Please label the following statements as T (true) or F (false).1. Loading errors are systematic uncertainty.2. Resolution uncertainty is usually treated as random uncertainty.3. The mass balance in the lab has a resolution of 1 g.4. The Fluke 45 multi-meter reads faithfully at a frequency of 2 Hz.5. For the function generator in the lab, a range under 20 kHz range button with a dial position 1.2 gives a wave with frequency of about 12 kHz.6. Regression analysis is limited to linear regression.7. In the Displacement and Strain lab, the surface (fiber) stress is measured by the strain gage.8. A gage factor of 2.0 is used in the strain gage in the Displacement and Strain lab.9. The proximity probe is used to verify the Euler-Berboulli Beam theory while the strain gage is used to verify Hooks law in our Displacement and Strain lab.10. The proximity probe in the lab is powered by 15 VAC. what land extends from central mexico to costa rica? ComprensionDUECompleta las oraciones. 1. El deporte del surf se origin en hawaiHawai2. Gabriel Villarn naci en problementeproblemente 3. Junto con el futbol, el surfes uno de los deportes ms populares en Latinoamrica. surf& 4. A los dieciocho aos, Pellizari gan el Campeonato Latinoamericano de Surf Profesional para mujermujertiene su origen en el Pais Vasco. * 5. El deporte del surfsurf which models of decision making describe how managers actually make decisions? group of answer choices nonrational rational intellectual analytical A 12100 kg railroad car is coasting on a level, frictionless track at a speed of 19.0 m/s when a 4790 kg load is dropped onto it.If the load is initially at rest, find the new speed of the car and the % change of the kinetic energy.Hint 1: If the load is dropped into the car, it is like the car is "colliding with a stationary load. If the load is stuck in the car, can they have different final velocities from one another? Find the following percentiles for the standard normal distribution. Interpolate where appropriate. (Round your answers to two decimal places.)a. 81stb. 19thc. 76thd. 24the. 10 th Seo-yeon owns a condominium. In each of the following alternative situations, determine whether the condominium should be treated as a residence or a nonresidence for tax purposes. Required: a. Seo-yeon lives in the condo for 19 days and rents it out for 22 days. b. Seo-yeon lives in the condo for 8 days and rents it out for 9 days. c. Seo-yeon lives in the condo for 80 days and rents it out for 120 days. d. Seo-yeon lives in the condo for 30 days and rents it out for 320 days. in a study of classical conditioning, a. j. repeatedly hears a tone just before having a puff of air directed into his eye. blinking in response to a tone presented without a puff of air is a(n): 4) Ella drives 60 miles per hour. How far will she drive in 2% hours? Ten percent of customers who walk into a golf store purchase a golf club and 30% of customers purchase golf balls. Six percent of customers purchase both clubs and balls. The percentage of customers who do not purchase clubs or balls is______. A) 0.24 B) 0.34 C) 0.41 D) 0.66 Critically discuss why the environment in most communities continue to be dirty amidst the existence of local government structures Online shoe retailer, Zappos, uses a system of self-management called Holacracy. Employees have autonomy over their work and are able to use their own creativity to accomplish tasks. This ___ allows for a creative work environment. - removal of impediments - work group encouragement- freedom - supervisory encouragement Which of the following features of e- commerce technology allows users to participate in the creation of online content? * Ubiquity Global reach Information density Social technology