What is the percent change in price when the price drops from $6 to $5? What is the percent change in price when the price drops from $6 to $5? Assume your answer is a percent and answer a numeric value only.

Answers

Answer 1

Answer:

16.7%

Explanation:

100/6 = 16.666666667% = 1/6

6-5 = 1

1/6 of the price is taken away so 1/6 is the percent it dropped.

Answer 2

Assuming number 6, then answer in numerical value in 16.7%.

What is the price?

Pricing is a very important factor in determining how well-liked a product is in the market.

100/6 = 16.666666667%

= 1/6

6-5 = 1

The price reduced by 1/6, or 1/6 of the original amount.

As a result, 16.7% is accurate.

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Related Questions

What is the intent of a Pigouvian​ tax? A. To encourage producers of a negative externality to increase production to the socially optimal level. B. To eliminate the force of the invisible hand in market transactions. C. To mandate by government fiat the reduction of production to the socially optimal level. D. To induce producers of a negative externality to reduce production to the socially optimal level.

Answers

Answer:

D

Explanation:

A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.

Government can regulate the amount of externality produced by placing an upper limit on the amount of negative externality permissible

Coase theorem has been proposed as a solution to externality. According to this theory, when there are conflicting property rights, bargaining between parties involved can lead to an efficient outcome only if the bargaining cost is low

Another solution to negative externality is through the activities of charities. Charities can raise donations to limit or regulate the activities of firms that constitutes a negative externality.

Job cost sheets can be used to: (Check all that apply.) Multiple select question. provide a permanent record for the Cost of Goods Sold account. monitor costs incurred to date and to predict and control costs for each job. provide a subsidiary ledger for the Finished Goods Inventory account. provide a subsidiary ledger for the Raw Materials Inventory account.

Answers

Answer: • provide a permanent record for the cost of goods sold account

• monitor costs incurred to date and to predict and control costs for each job.

• provide a subsidiary ledger for the finished goods inventory account.

Explanation:

Job cost sheet refers to the document that is used for the recording of the manufacturing costs and it is used as a subsidiary ledger for the work in process account due to the fact that it contains every details about the job in process.

From the options given, the job cost sheets can be used to:

• provide a permanent record for the cost of goods sold account

• monitor costs incurred to date and to predict and control costs for each job.

• provide a subsidiary ledger for the finished goods inventory account.

Suppose that Sandy owns a farm in North Carolina and Pat owns a farm in lowa, and Sandy's farm is generally more productive than Pan's. If both Sandy and Pat sell their com in the same market Sandy should produce the output at the marginal cost that is
A. equal to the marginal cost of Pars production
B. greater than the marginal cost of Pat's production
C. less than the marginal cost of Pat's production
D. equal to total revenue in the market

Answers

Answer:

A. equal to the marginal cost of Pars production

Explanation:

In the case when both sandy and pat sold their come in the similar market so here sandy should generated the result at the marginal cost that should be equivalent to the pat marginal cost of production

So as per the given situation, the option a is correct

And, the rest of the solutions are considered to be wrong

Zoe, the owner of Zoe's Bakery, determines that, at her optimal level of production in the short run, P < ATC and P > AVC. In the short run, Zoe should: Group of answer choices raise the price until she has maximized her profits. continue to operate, as she is making an economic profit. continue to operate, even though she is taking an economic loss. shut down immediately, as she is taking an economic loss.

Answers

Answer: continue to operate even though she is taking an economic loss.

Explanation:

Since at Zoe's optimal level of production in the short run, the price is more than the average total cost and P > AVC, then she should continue to operate even though she is taking an economic loss.

This is because even though she's making loss as the price is less than the average total cost, since the price is greater than the average variable cost, then she should continue in operation. Assuming P < AVC, then the company should shutdown in this case as only th fixed cost is incurred.

Violette is the CEO of Lafarge Advertising, based in Paris. Many distinctions exist between the different classes of people in her society. Most of the top managers in her organization, for example, come from the upper classes. This implies that French society has a high degree of

Answers

Answer:

social stratification

Explanation:

Social stratification is the way by which communities classify their citizens into socioeconomic tiers. These classifications are as a result of race, education, power, wealth, and education.

People that are at the top of the strata have more resources at their disposal and are fewer in number.

Those with less resources are at the bottom and are many.

In the give scenario many distinctions exist between the different classes of people in the society, and most of the top managers in her organization come from the upper classes.

This is an example of social stratification

Light Co. had the following bank reconciliation at March 31: Balance per bank statement, 3/31 $23,250 Add: Deposit in transit 5,150 28,400 Less: Outstanding checks 6,300 Balance per books, 3/31 $22,100 Additional information from Light's bank statement for the month of April is as follows: Deposits $29,200 Disbursements 24,800 All reconciling items at March 31 cleared through the bank in April. Outstanding checks at April 30 totaled $3,200. What is the amount of cash disbursements per books in April

Answers

Answer:

$21,700

Explanation:

Calculation to determine the amount of cash disbursements per books in April

CASH DISBURSEMENTS PER BOOKS

April disbursements per bank statement$24,800

Less March checks cleared in April statement($6,300)

Checks outstanding end of April $3,200

Total cash disbursements in April $21,700

Therefore the amount of cash disbursements per books in April is $21,700

What is the factor that you must remember
before investing that has to do with how
risky the investment is?

Answers

Answer:

safety of the investment.

Explanation:

Risk management can be defined as the process of identifying, evaluating, analyzing and controlling potential threats or risks present in a business as an obstacle to its capital, revenues and profits.

This ultimately implies that, risk management involves prioritizing course of action or potential threats in order to mitigate the risk that are likely to arise from such business decisions.

Market risk premium can be defined as a measure of the difference between a market rate of return on a market portfolio and the return on a risk-free investment such as government bonds (Treasury bills) or interest rate.

In Risk management, safety of the investment is the factor that you must remember before investing and it typically has to do with how risky an investment is.

McDonnell-Myer Corporation reported net income of $741 million. The company had 544 million common shares outstanding at January 1 and sold 36 million shares on February 28. As part of an annual share repurchase plan, 6 million shares were retired on April 30 for $47 per share. Calculate McDonnell-Myer's earnings per share for the year. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Answers

Answer:

the earning per share is $1.43 per share

Explanation:

The computation of the earning per share is shown below:

= Net income ÷ weighted no of shares

= $741 million ÷ (544 million shares - 36 million × 10 ÷ 12 + 6 million × 8 ÷ 12)

= $741 million ÷ (544 - 30 + 4)

= $1.43 per share

Hence, the earning per share is $1.43 per share

The same should be considered and relevant

What do safeguarding devices do to protect the worker?

Select the 3 answer options that apply.

Detects operator contact with the machine's point of operation


Prevents operator contact with the machine's point of operation

Answers

Answer:

Answer: Prevent contact:

Explanation:

]The safeguard must prevent hands, arms, and any other part of a worker's body from making contact with dangerous moving parts. A good safeguarding system eliminates the possibility of the operator or another worker placing parts of their bodies near hazardous moving parts.

Safeguarding devices prevent or detect operator contact with the point of operation to protect the worker. The correct option is b.

What is a safeguarding device?

Safeguarding devices are protective measures consisting of the use of specific technical means, to protect workers from hazards that cannot be reasonably removed or sufficiently limited by design. These devices encompass a variety of equipment that prevents or limits access to the hazards. These can include everything from controls that require the worker to use both hands, gates that block access to moving parts, and sensing devices that identify when the worker is too close to the hazard.

Employers are responsible for safeguarding machines. Any machine part, function or process with the potential for causing an injury must be safeguarded using control methods that prevent employee contact with hazardous areas through effective machine guarding techniques. Almost all new machinery is available with safeguards installed by the manufacturer.

However, used or older equipment may require either purchasing additional safeguards or building and installing them in-house.

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The risks associated with ethics auditing include all of the following, except for: Question 11 options: Potential cover-ups prevent accuracy Revealing a problem that might not be able to be remedied The lack of a guarantee that there is a solution Problems that the company would like to keep quiet might be made public

Answers

Answer:

Potential cover-ups

Explanation:

Ethics audit refers to a review of the company's ethics system with regard to the policy and procedures set up for employees to adhere to, so as to determine whether it was effective.

The risk associated with an ethics audit is discovering a problem that the company does not wish to disclose, identifying a problem that might not be solved, no assurance that audit is the solution, and the lack of standardisation in an audit.

This leaves out only one option that is not part of the risks associated with ethics audit which is Potential cover-ups.

Lester Dunbar sold to Walter Masters real property on which Charles Endicott held a first mortgage. Masters expressly assumed the mortgage debt. Subsequently, Masters defaulted in payment of the mortgage debt. Masters contends that Endicott must first proceed against Dunbar, the original mortgagor, because he is primarily liable for the mortgage debt. Based upon these facts, ___________.

Answers

Answer: Dunbar is, in fact, a surety and must satisfy the mortgage if Masters does not.

Explanation:

A surety refers to the individual who makes a promise to be responsible for the debt obligation of a borrower on a situation whereby the borrower defaults and doesn't take responsibility. The surety is also known as the guarantor.

Since Masters defaulted in payment of the mortgage debt, but contends that Dunbar, is the original mortgagor, because he is primarily liable for the mortgage debt, then Dunbar is a surety and must satisfy the mortgage if Masters does not.

Which of the following conflicts led to an expansion of Presidential foreign policy power?

1)World War I
2)World War II
3)Vietnam
4)None of these choices are correct.

Answers

They answer is Vietnam and world war 1

Of all the given conflicts, the two that led to an expansion of Presidential foreign policy power were World War I and Vietnam. Hence, options A and C are correct.

What is Presidential foreign policy?

In any country, there are few higher authorities that are involved in all the policies that are run by the government of that nation, and the policy that is related to foreign affairs involves the President of the country. There is no such separate foreign policy that is run by the President of the country.

In the case of the  U.S., the constitution of the country parcels the powers regarding foreign relations to both the houses that is the executive and the legislative. Although some powers are also granted to the military, while some to the President, and others, like the regulation of foreign commerce, to Congress. With the separation of power, there is a debate also spawned over the roles of the President and Congress in foreign affairs.

Thus, Options A and C are correct.

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A paper manufacturer is forced to make staff cutbacks because of declining profits. It decides to cut back each employee's hours and pay by one-half day per week rather than laying off two people. Senior managers believe that by allowing all their employees to keep their jobs, they are producing the greatest good for the greatest number of people. Which rule for ethical decision making does this example show

Answers

Answer:

Utilitarian

Explanation:

Utilitarianism is a morality theory that advocated the actions in order to foster the happiness and the actions that result harm or unhappiness could be opposed. It is an action that could be right so this would create a happiness for the larger no of people as a group or society as a whole

So as per the given situation, it is a utilitarian theory

which one of the following is not a financial intermediary?

A) Security dealers
B) Insurance companies
C) Real estate investment trusts
D) Pension funds ​

Answers

The answer is A

Security dealers.

A. Security Dealers are not a financial intermediary.

Suppose that the market for haircuts in a community is a perfectly competitive constant-cost industry and that the market is initially in long-run equilibrium. Subsequently, an increase in population increases the demand for haircuts. In the long run, we expect that: Question 7 options: a) firms will leave the market, driving the price of haircuts up and the profits of individual firms up. b) more firms will enter the market, driving the price of haircuts up and the profits of individual firms back down to zero. c) firms will leave the market, driving the price of haircuts up and the profits of individual firms back down to zero. d) more firms will enter the market, driving the price of haircuts down and the profits of individual firms back down to zero.

Answers

Answer:

d) more firms will enter the market, driving the price of haircuts down and the profits of individual firms back down to zero.

Explanation:

In the case when the demand is increased, the price of haircuts would also increased and due to this the firm could earn positive economic profit. And for earning the economic profit in a positive way, the no of firm should be rised that increased the supply so automatically the prices are decreasing

Therefore the above option should be the answer

Vaughn Manufacturing uses the percentage-of-receivables basis to record bad debt expense and concludes that 3% of accounts receivable will become uncollectible. Accounts receivable are $421,400 at the end of the year, and the allowance for doubtful accounts has a credit balance of $3,027. (a) Prepare the adjusting journal entry to record bad debt expense for the year. (b) If the allowance for doubtful accounts had a debit balance of $839 instead of a credit balance of $3,027, prepare the adjusting journal entry for bad debt expense.

Answers

Answer:The adjusting journal entry will be

a)Debit Bad debts expense  $9,615  

Credit Allowance for doubtful accounts   $9,615

b))Debit Bad debts expense  $13,481

Credit Allowance for doubtful accounts    $13,481

Explanation:

Estimated uncollectible= $421,400 × 3% = $12,642

Allowance for doubtful accounts with  a credit balance of $3,027

Allowance for Bad debts expense = $12,642 - $3,027= $9,615

Account titles and explanation                 Debit                Credit

Bad debts expense                                   $9,615

Allowance for doubtful accounts                                       $9,615        

When the Allowance for doubtful accounts has a debit balance of $839

$12,642+$839= $13,481

Account titles and explanation                 Debit                Credit

Bad debts expense                                 $13,481

Allowance for doubtful accounts                                      $13,481    

 

The quality of the report Jamie turned in was lower than expected. Here was
part of his explanation: 'Large portions of the material came from Luke down
the hall." What likely character flaw does this reveal in Jamie?

Answers

Answer:

he was not doing his job right? im sorry if this is wrong

Explanation:

Answer:

B.Lack of willingness to take responsibility

Explanation:

Congress passed the Sarbanes-Oxley Act to ensure that investors invest only in companies that will be profitable. select an option False 2. The standards of conduct by which actions are judged as loyal or disloyal are ethics. select an option True 3. The primary accounting standard-setting body in the United States is the Securities and Exchange Commission (SEC). select an option True 4. The historical cost principle dictates that companies record assets at their cost and continue to report them at their cost over the time the assets are held. select an option True 5. The monetary unit assumption requires that companies record only transactions that can be measured in money.

Answers

Answer:

1. False

2. False

3. False

4. True

5. True

Explanation:

1. False: Congress passed the Sarbanes-Oxley Act to ensure that investors invest only in companies that will be profitable.

Sarbanes-Oxley Act of 2002 is a legal framework which was passed by the 107th U.S Congress on the 30th of July, 2002. The law required that investment banking be completely made rid of research analysts who works at a broker-dealer firms, so that the analysts are not influenced to write favorable reports to enhance their potential investment banking businesses.

Hence, it is a federal law that imposes a stiffer penalty for any securities related law break offence by the accountants, auditors etc by mandating strict reforms to the existing securities regulations.

2. False: The standards of conduct by which actions are judged as loyal or disloyal are ethics.

Ethics can be defined as a standard of conduct that judges a person's action as either right or wrong.

Hence, it's a set of both written and unwritten principles, values or rules of moral conduct that guides (governs) human behaviors. Ethics is a reflection that is typically based on identifying what is good or bad, right or wrong and just or unjust with respect to human behaviors.

3. False: The primary accounting standard-setting body in the United States is the Securities and Exchange Commission (SEC).

In the United States of America, the financial accounting standards board (FASB) is the primary accounting standard-setting body.

The financial accounting standards board (FASB) is a private, non-profit organization saddled with the responsibility of establishing and maintaining financial accounting and reporting standards for general guidance of individuals or capital providers such as investors, issuers and auditors.

4. True: The historical cost principle dictates that companies record assets at their cost and continue to report them at their cost over the time the assets are held.

5. True: The monetary unit assumption requires that companies record only transactions that can be measured in money.

Finish Co. uses the allowance method based on the percent of sales method to account for bad debts. At the end of 2010, Finish Co.'s unadjusted trial balance shows an accounts receivable balance of $30,000; allowance for doubtful accounts balance of $200 (credit); and sales of $600,000. Based on history, Finish estimates that bad debts will be 1% of sales. The entry to record estimated bad debts will include a debit to Bad Debts Expense in the amount of: Multiple choice question. $500 $6,000 $6,200 $100 $5,800

Answers

Answer:

$6,000

Explanation:

Calculation to determine what The entry to record estimated bad debts will include

Bad Debts Expense=Sales of $600,000*1% of sales

Bad Debts Expense=$6,000

Therefore The entry to record estimated bad debts will include a debit to Bad Debts Expense in the amount of:$6,000

"If a loan of P dollars, at an interest rate of r percent per year compounded monthly, is payable in n monthly installments of m dollars each, then m is determined by the formula \small m=\frac{\frac{rP}{1,200}}{1-\left (1+\frac{r}{1,200}\right)^{-n}}. John and Sue took out loans whose monthly installments were determined using the formula above. Both loans had the same interest rate and the same number of monthly installments. John's monthly installment was what percent of Sue's monthly installment? (1) The amount of Sue's loan was 4 times the amount of John's loan. (2) Sue's monthly installment was 4 times John's monthly installment. "

Answers

Answer:

John's monthly installment was 25% of Sue's monthly installment.

Explanation:

The problem gives us the following data:

Sue's monthly installment was 4 times John's monthly installment.

if we wrote this as an equation we would get that:

[tex]m_{S}=4m_{J}[/tex]

where:

[tex]m_{S}[/tex]= Sue's monthly installment

[tex]m_{J}[/tex]= John's monthly installment

in order to find what percent of Johns monthly installment represented regarding Sue's monthly installment, we would need to find the following ratio.

[tex]percent=\frac{m_{J}}{m_{S}}*100\percent[/tex]

Therefore:

[tex]percent=\frac{m_{J}}{4m_{J}}*100\percent[/tex]

or:

percent=25%

If you wanted to use the given formula, you could also do that. Notice that the formula tells us that the monthly installments are proportional to the loan in dollars, so we get the following:

[tex]m=\frac{\frac{rP}{1,200}}{(1-(1+\frac{r}{1200})^{-n}}[/tex]

so we can use it to build our ration:

[tex]\frac{m_{J}}{m_{S}}*100\percent=\frac{\frac{\frac{rP_{J}}{1,200}}{(1-(1+\frac{r}{1200})^{-n}}}{\frac{\frac{rP_{S}}{1,200}}{(1-(1+\frac{r}{1200})^{-n}}}*100\percent[/tex]

Since most of the data remains constant and the monthly installments are proportional to the original amount of the loan, that ratio can be simplified to:

[tex]\frac{m_{J}}{m_{S}}*100\percent=\frac{P_{J}}{P_{S}}*100\percent [/tex]

So, the problem tells us that the amount of Sue's loan was 4 times the amount of John's loan, so:

[tex]P_{S}=4P_{J}[/tex]

so:

[tex]percent=\frac{P_{J}}{4P_{J}}*100\percent [/tex]

or:

percent=25%

4. When Jenna confided in Lew and Al that she, too was concerned about adding additional risk, Lew suggested that they explore the possibility of one of the newest forms of business ownership, a(n) ____________, which has very flexible ownership rules and would give them more choices in how the company's earnings are taxed while still protecting all owners from high levels of risk. Group of answer choices

Answers

Answer:

limited liability company

Explanation:

A limited liability company (LLC) can be regarded as a business structure that is very common in the United States, these business structure can be regarded as a one in which the owners can not be regarded as been personally liable for debts as well as the liabilities of the company. Limited liability companies can be regarded as hybrid entities which is the combination of the features of corporation s well as partnership

Select all that apply Job cost sheets can be used to: (Check all that apply.) Multiple select question. provide a subsidiary ledger for the Raw Materials Inventory account. provide a subsidiary ledger for the Finished Goods Inventory account. monitor costs incurred to date and to predict and control costs for each job. provide a permanent record for the Cost of Goods Sold account.

Answers

Answer:

provide a subsidiary ledger for the finished goods inventory account

monitor costs incurred to date and to predict and control costs for each job

provide a permanent record for the cost of goods sold account

Explanation:

job cost sheet is a recording of all expenses that should be related to the job segment or an individual job.

Also it give the subsidiary ledger for the finished goods. It checks the cost that should be incurred till date and to predict and control the cost. Moreover, it gives the permanenet record for the cost of goods sold

These 3 above statements should be considered

Abe receives a check from Bea for fixing Bea's car. Bea's bank is Bank B. Abe deposits the check into his bank, Bank A. Select all the statements that correct describe the check-clearing process. Multiple select question. Bank A increases its reserves at the Federal Reserve Bank by more than the amount of the check. Bank A increases Abe's checkable deposits by the amount of the check. Total reserves in the banking system remain unchanged. Total reserves in the banking system increase.

Answers

Answer:

Bank A increases its reserves at the Federal Reserve Bank by more than the amount of the check.

Bank A increases Abe's checkable deposits by the amount of the check.

Total reserves in the banking system remain unchanged.

Explanation:

In the case when Abe received the check from bea in order to fixed out the bea car so here Bank A should increased the reserve that should be exceed the check amount

Also it increased the abe checkable deposit via the amount check and the total reserves should remain the same

These should be considered

Bruce told Adam that he was selling his house in Syracuse, New York. Adam sent Bruce an e-mail containing an offer of $300,000 for the house. Bruce responded via e-mail that he wanted $315,000 for the house. After further e-mails, the parties finally agreed on a sale with a price of $310,000. A series of e-mails contained the terms of the sale, and all included a salutation containing their typewritten names. However, Bruce later decided to sell the house to Marty for $325,000. Adam sued Bruce, claiming that Bruce breached their contract for the sale of the house. Most likely, Adam will:

Answers

Answer: Win, because the essential terms of the contract were set forth in the signed e-mails.

Explanation:

Based on the information given in the scenario, Adam will win because the essential terms of the contract were set forth in the signed e-mails.

In this situation, Bruce told Adam that he was selling his house and they both negotiated and agreed agreed on a sales price of $310,000 and there were series of e-mails that indicates the terms of the sale, and all included a salutation containing their typewritten names.

Therefore, based on the above reason, the fact that Bruce sold the house to Marty is a breach of contract and Adam will likely win if he sued Bruce.

The unemployment rate may underestimate the true extent of unemployment if: Question 26 options: many part-time employees would like to work fulltime, but are unable to get the additional work. employees increase the number of hours they work overtime. there are a large number of people working in the underground economy. people are pretending to look for work so that they can continue receiving unemployment benefits.

Answers

Answer:

there are a large number of people working in the underground economy.

Explanation:

The unemployment rate is the rate of people in the labour force that is without a job but they are actively looking for employment

Types of unemployment

structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.  

Frictional unemployment:  the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Eg. when a real estate agent who leaves a job in Texas and searches for a similar, higher-paying job in California.

Voluntary unemployment: e.g. worker at a fast-food restaurant who quits work and attends college.

Cyclical unemployment: it occurs as a result of fluctuations in the economy. Unemployment would be high in a downturn and low in a boom  

If a large number of people are working underground, they would not be counted as part of the labour force and so the labour force would be smaller. This understates unemployment rate

Higher uncertainty of losses forces property-casualty firms to _________. A. invest in more short-term assets than life insurance firms. B. invest in more long-term assets than life insurance firms. C. hold a lower percentage of capital and reserves than life insurance firms. D. invest in riskier equity securities than life insurance firms. E. conduct more separate accounts business than life insurance firms.

Answers

B: invest in more long term asserts than life insurance

On January 1, 2013, Warfield Co. purchased a $600,000 machine, with a five-year useful life and no salvage value. The machine was depreciated by an accelerated method for book and tax purposes. The machine's carrying amount was $240,000 on December 31, 2014. On January 1, 2015, Warfield changed the depreciation method prospectively to the straight-line method for financial-statement purposes. Warfield can justify the change. Warfield's income tax rate is 30%. On December 31, 2015, what amount should Warfield report as deferred income tax

Answers

Answer:

$0

Explanation:

In the case when the depreciation method is changed so it should be treated propectively. The past year depreciation amount remains the same. So the starting year of change having no difference should be produced but the beginning to the closing year of change the deferred tax liability should be recorded the difference occured in the future that lies between the book and tax depreciation

So, it should be zero

Media Corp. is an accrual-basis, calendar-year C corporation. Its reported book income included $6,000 in municipal bond interest income. Its expenses included $1,500 of interest incurred on indebtedness used to carry municipal bonds and $8,000 in advertising expense. What is Media's net M-1 adjustment on its Form 1120, U.S. Corporation Income Tax Return, to reconcile to its taxable income

Answers

Answer:

-$4,500

Explanation:

The computation of the Media's net M-1 adjustment is given below:

= Expense included in interest that incurred on indebtness - book income reported

= $1,500 - $6,000

= -$4,500

Hence, the Media's net M-1 adjustment is -$4,500

The same should be considered and relevant

Therefore we ignored $8,000

The CEO of CLEO, Inc., in all her communications to employees consistently refers to her dream of CLEO becoming the company of choice for employee assistance programs. She keeps this theme uppermost and it is reflected in the firm's motto, the title of its Web newsletter, and even on the company T-shirts and mugs. This is an example of the firm's: Group of answer choices strategy. envisioned future. organizational culture. core ideology.

Answers

Selected Answer: A layoff will increase the slack at Clarita Cosmetics and allow the firm to absorb the increased number of errors employees may make until they learn their new tasks

Greenbaum Inc. sells a new product with a 2-year warranty. The company estimates that during the two years, the costs and related probabilities are: Year 1: $20,000 (40%) and $30,000 (60%); Year 2: $30,000 (70%); $20,000 (30%).The company's effective interest rate is 5%. Calculate the estimated warranty liability using the expected cash flow method.

Answers

Answer:

$49,252

Explanation:

Calculation to the estimated warranty liability using the expected cash flow method.

Estimated warranty liability =[($20,000 x .4)+($30,000 x .6) x 0.95238]+ [($30,000 x .7)+($20,000x .3) x 0.90703]

Estimated warranty liability =[($8,000+$18,000)×0.95238]+[($21,000+$6,000)×0.90703

Estimated warranty liability =($26,000×0.95238)+($27,000×0.90703)

Estimated warranty liability =$24,762+$24,490

Estimated warranty liability =$49,252

Therefore the estimated warranty liability using the expected cash flow method is $49,252

Other Questions
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