Answer:
the times interest earned ratio is 5.87 times
Explanation:
The computation of the times interest earned ratio is shown below:
Interest expense is
= Bonds payable × Interest rate
= $1,106,989 × 6%
= $66,419
Now
Times interest earned ratio is
= (Income before income tax for year + Interest expense) ÷ Interest expense
= ($323,108 + $66,419) ÷ ($66,419)
= 5.87 times
Hence, the times interest earned ratio is 5.87 times
The town of Franklin has an economy composed entirely of two equally sized specialized tire manufacturers. Both company X and company Z produce race car tires and airplane tires. Company X is better at producing race car tires than Company Z which is better at producing airplane tires. In order to maximize output, Company X should:_________
a. reduce its production of race car tires in order to commit resources to learn how to better produce airplane tires.
b. abandon the production of airplane tires to fully specialize in the production of race car tires and then trade with Company Z for airplane tires.
c. keep producing both products at the going rate.
d. produce both race car tires and airplane tires on its own and sell its excess race car tires to Company Z for additional airplane tires.
Answer:
b. abandon the production of airplane tires to fully specialize in the production of race car tires and then trade with Company Z for airplane tires.
Explanation:
Company X has a comparative advantage at producing race car tires
Company Z has a comparative advantage at producing airplane tires.
A country (company) has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries (companies).
A company should specialise only in the production of the good for which it has a comparative advantage.
Company X should specialise in producing race car tires and stop producing airplane tires
Company Z should specialise in producing airplane tires and stop producing race car tires
Answer:
B. abandon the production of airplane tires to fully specialize in the production of race car tires and then trade with Company Z for airplane tires.
Explanation:
If the current exchange rate of the Mexican peso and the Brazilian real is 0.20 real per peso, and the equilibrium exchange rate is 0.18 real per peso, which of the following describes the foreign exchange market for the Mexican peso?
a) There is a shortage of pesos and the peso will appreciate.
b) There is a shortage of pesos and the peso will depreciate.
c) There is a surplus of pesos and the peso will appreciate.
d) There is a surplus of pesos and the peso will depreciate.
e) There is a surplus of pesos and the real will depreciate.
Answer:
A
Explanation:
Exchange rate is the rate at which 1 unit of the base currency is exchanged for the foreign currency.
the equilibrium exchange rate is 0.18 real per peso. Thus the current exchange rate is selling at a higher rate than what is indicated by the equilibrium exchange rate .
This means that the peso (base currency) is buying more unit of the real (foreign currency) at the current exchange rate.
This means there is a shortage of the Pesos. The demand for Pesos exceeds it supply, thus exchange rate would rise. When there is a shortage, value of the currency rises
The exchange rate is the rate is currencies for a single unit in the context of its value when exchanged against the foreign currency. It is used to convert domestic currency into foreign currency.
The statement describing the foreign exchange market for the Mexican peso is correct in option A) There is a shortage of pesos and the peso will appreciate.
In the given case the exchange rate is 0.18 real per peso this shows that the present or the current exchange rate is selling at a higher rate as compared to the indicated equilibrium exchange rate.
It can be concluded that the peso which is the base currency is buying more units at the current exchange rate of foreign currency. This shows the shortage of Pesos.
The shortage occurred due to excess demand over the supply of Pesos that will raise the exchange rate.
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You form an alliance with a group of your coworkers at the office and agree that you will only discuss group-related matters at 1pm on Wednesdays. This is an example of a:
a. Group decision
b. Group dynamic
c. Group cohesiveness measure
d. Group Norm
Answer:
d. Group Norm
Explanation:
Group Norms are informal rules that generally discourage behaviors that impede the efficacy of a group and and encourage the group to work efficiently.
They are regulations that groups adopt that ensure some form of order and they are also a reflection of the expectation of members of the group should interact and work.
Here, agreeing that members of the group will only discuss group-related matters at 1pm on Wednesdays is an example of a Group Norm because;
1. It is an unwritten rule
2. It is majorly to ensure that order is maintained so that the purpose of the group remains undefeated.
The difference between indirect tax and subsidy is known as:
Select one:
a. Net Indirect Tax
b. Depreciation
c. Capital consumption allowances
d. Net Factor Income from Abroad
= Net Indirect Tax
Answer:
A. Net Indirect Tax
Explanation:
Net Indirect Tax is the difference between the Indirect tax and subsidy. To find out Market Prices (MP), indirect taxes are added and subsidies are subtracted from Factor Cost (FC) as explained above. In short, MP includes net indirect tax whereas FC does not.
Answer:
Net indirect tax is the difference
Do you think people tailor their behavior to suit those in power more than they admit?
Answer:
yes, of course they do
Explanation:
people will always tailor their behavior wether it's against them or for them, depending on how they feel they will act a certain way
Regardless of whether something is working in their favor or against them, people will always adjust their conduct to suit their feelings.
People tailor their behavior to suit those in power more than they admit?I concur that most people behave differently in front of influential people. They modify their actions to suit those in positions of authority. In front of influential individuals, they also refuse to acknowledge the full amount of their subordination.
From a different angle, we must recognize that those in positions of authority do so for a cause. They are required to keep society working properly and in order. Because our supervisors have coercive power over us in addition to their position, we typically perform tasks at work according to their requirements and in their preferred style.
Therefore, If we don't change our conduct to fit their needs, we risk losing our jobs. In other cases, something else that we see as being important to us might take the place of the work. The source is driven into submission or obedience by the fear of losing that "Something."
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# SPJ 2
Validity in interviews is strengthened by the following EXCEPT:
Select one:
a. Prompting respondents to expand on initial responses
b. Building rapport with interviewees
c. Multiple questions cover the same theme
o
d. Constructing interview schedules that contain themes drawn from the literature
Answer:
c. Multiple questions cover the same theme
Explanation:
Interview validity is a measure of how specific interview questions are in tandem with the expected competence required.
Validity in interviews is strengthened by the following;
I. Prompting respondents to expand on initial responses.
II. Building rapport with interviewees.
III. Constructing interview schedules that contain themes drawn from the literature.
Generally, broadcast news and text-based news comprises of the following features;
A. Interviews with eyewitnesses: it involves locating people who are a witness to an event and interviewing them directly.
B. Statements by officials: this involves seeking and providing official press statements from various establishments.
Loggers are much __________ likely to supply wood to the market if property rights are not enforced.
Classify the source of market failure in each case listed.
a. A house party plays music at a very high volume, disturbing other residents in the neighborhood.
b. A single public utilities company is responsible for supplying electricity for an entire state. As a result, the utilities company can set the price of electricity.
Answer:
Loggers are much more likely to supply wood to the market if property rights are not enforced.
When property rights are not well enforced, ownership of the resource is not well defined either. This will lead to more people taking advantage of the resource like the loggers above. They will supply more wood because the ownership of their resource source is not well defined.
Options for the 2 questions below are Market Failure or Externality.
a. A house party plays music at a very high volume, disturbing other residents in the neighborhood. EXTERNALITY.
This is a negative externality. Negative externalities are when third parties suffer negative consequences as a result of transactions that they are not a party to. The neighbors are not playing music but it is disturbing them.
b. A single public utilities company is responsible for supplying electricity for an entire state. As a result, the utilities company can set the price of electricity. MARKET POWER.
The Utility company is not facing competition in this state and so can set the price it wants. This can lead to market failure simply because the company would have too much market power.
Work attitudes can be reflected in
an organization through
Select one:
a. All of these
b. Job satisfaction
Organisational Citizenship
Behaviour
d. Organizational commitment
= All of these
Answer:
Indeed it is A
Explanation:
At the beginning of 2018, Artichoke Academy reported a balance in common stock of $151,000 and a balance in retained earnings of $51,000. During the year, the company issued additional shares of stock for $41,000, earned a net income of $31,000, and paid dividends of $10,100. In addition, the company reported balances for the following assets and liabilities on December 31.
Assets Liabilities
Cash $ 52,700 Accounts Payable $ 7,100
Suppies 11,000 Utilities Payable 2,600
Prepaid Rent 24,500 Salaries payable 3.600
Land 205,000 Notes payable 16,000
Required:
Prepare a statement of stockholders' equity.
Answer:
$261,900
Explanation:
Preparation of a statement of stockholders' equity
Statement of stockholders' equity:
Beginning balance Jan1 $200,000
($151,000+$51,000)
Add Issuance of common stock $41,000
Add Net income $31,000
Less Dividend ($10,100)
Statement of stockholders' equity $261,900
Therefore the stockholders' equity will be $261,900
Real and nominal income is calculated respectively at----
Select one:
a. Current price and current price
b. Constant price and Constant price
c. Current price and Constant Price
d. Constant price and Current price
= Constant price and Current price
Answer: Constant price and Current price
Explanation:
Real income and nominal income is calculated respectively at the constant price and the current price.
The constant prices has to do with the real values that has taken inflation into consideration. They are typically in real value.
The current prices are the prices of goods and services at a particular point in time. Current prices are typically in nominal value.
Therefore, the answer is option D.
Which of the following situations generally exists when disinflation occurs?
Select one:
a. the rate of inflation is falling from 5% to 3%
b. the rate of inflation falling from 3% to -2%
c. 3% decrease in inflation and 2% fall in unemployment rate
d. 5% increase in inflation and 3%
increase in unemployment rate
= the rate of inflation is falling from 5% to 3%
Answer:
d. 5% increase in inflation and 3% increase in unemployment rate
Explanation:
Disinflation is a term that describes the slowing down of the rate of inflation. Disinflation will occur when inflation was rising at a high rate, and then it starts to rise at a decreasing rate. Disinflation may be a result of contractionary measures.
Disinflation is a positive situation in the economy because it represents a corrective measure. Inflation was rising at a high rate but has since started to slow down. Disinflation is different from deflation, which is a negative inflation rate. Inflation slowing from 5% to 3% is disinflation.
If the equipment account has a balance of INR. 22,50,000 and the accumulated depreciation
account has a balance of INR. 14,00,000, the book value of the equipment is
Select one:
O a. 8,50,000
O b. 17,00,000
O c. 14,00,000
O d. 36,50,000
Answer:
a. 8,50,000
Explanation:
Account balance INR, 22, 50,000
Accumulated depreciation INR. 14,00,000
The book value is the difference between the account balance and the accumulated depreciation
= INR, 22,50,000 - INR. 14,00,000
=INR, 8,50,000
How is poverty anywhere a threat to prosperity everywhere?
Answer: Here poverty can be explained as a barrier to growth.
Explanation:
Although we indeed live today in a globalized world, where there are greater opportunities for more people, poverty continues to be a problem that can be a barrier to the growth of wealth.
Poverty interferes with the growth of the human being since it limits it and does not allow it to develop its potential, which leads it to remain at the same level where it was and contributes to the growth of poverty.
When poverty is higher, prosperity is lower. Inequalities in many aspects are becoming more marked and although it is true there seem to be greater opportunities, many times those people who come from poverty face difficulties to get out of there, which makes it a kind of circle.
Bakers are much _________ likely to supply pastries to the market if property rights are not enforced. In the presence of market failures, public policy can improve economic efficiency.
Classify the source of market failure in each case listed.
a. A manufacturing plant dumps chemical waste into a nearby river, poisoning the water supply for a small town downstream.
b. There is only one car dealership in a small town, giving the dealership the ability to influence the price of cars.
Answer and Explanation:
In the case when the property rights are not enforced so here the bakers are less likely to supply the pastries
Now the classification of the market failure is as follows;
a. When the manufacturing firm dump the chemical water in near by river so it would be classified as an externality
b. And, when there is only one car dealership so this represent the market power
. Explain the puropose of the project charter ? Explain 3 tools and techniques that can be used to develop it
Answer:
It provides a preliminary delineation of roles and responsibilities, outlines the project's key goals, identifies the main stakeholders, and defines the authority of the project manager. A project charter should: Contain the essence of the project. Provide a shared understanding of the project
Explanation:
Develop a Project Charter - Tools and Techniques
Expert Judgment: A crucial step in executing the project by taking opinions from subject matter experts, garnering valuable inputs and understanding the business case complexity related to the project. ...
Data Gathering. ...
Interpersonal and Team Skills. ...
Meetings.
Which of the following statements is correct with respect to economic incentives to release financial information?
a. Owners and managers do not have an economic incentive to supply the amount and type of financial information because it has no effect on the company's ability to raise capital at the lowest cost.
b. Companies have an economic incentive to supply the formation investors want in order to raise capital at the lowest possible cost.
c. Because financial disclosures are regulated, owners and managers have little economic incentive to supply the amount and type of financial information that will enable them to raise capital most cheaply.
d. Because companies have an economic incentive to supply information investors want, regulatory groups have intendence over the amount and type of financial information that Comores descone.
Answer:
B
Explanation:
If investors do not have adequate information about the company they are investing, they would demand an higher rate of return. This would increase the cost of raising capital. So, financial managers who want to raise capital at a cheap rate would have the incentive to disclose information
How many miles is 64km?
Answer:
The Answer is 39.769 miles
Using the following routing information and a From-To Chart, determine the total flow efficiency of the parts assuming an alphabetical order. Give your results in terms of percentage, not as a decimal value, i.e., 54.3 as opposed to .543.
Part Order Relative Weighted Value
1 R E B D C A S 4
2 R A B C D E S 2
3 R C B D A E S 3
Answer:
hello your question is incomplete attached below is the complete question
answer: 28.12%
Explanation:
The first table is the allotting of relative weighted value in from to chart and also finding the Total.
The second table is found by multiplying 1-times cell distance in the upper 2-times with cell distance in lower triangular values.
Hence Flow efficiency = (Total / penalty ) * 100
= ( 36 / 128 ) * 100 = 28.12%
Breakthrough innovations account for ___% in the golden ratio on innovation
Group of answer choices
a. 20
b. 10
c. 5
d. 15
e. 25
____involves relying on one's
authority position or stressing that a
request is in accordance with
organizational policies or rules.
Select one:
a. Consultation
b. Legitimacy
c. Exchange
d. Rational persuasion
= Legitimacy
Explanation:
legitimacy involves relying on one's
authority position or stressing that a
request is in accordance with
organizational policies or rules.
When Sarafina deposits money in an IDA, _____.
it earns the highest interest rates available at a bank
it is good for the government
an organization matches the amount she deposited
the interest on the account is not taxed
Answer:
an organization matches the amount she deposited
Explanation:
An individual development account ( IDA) is a special program account that assists low-income groups and other marginalized groups achieve financial stability. An IDA helps these individuals save for education, purchase a home or start a business.
With an IDA, the contributions individuals make are matched by the state or other donor projects. The matching initiative serves as an encouragement to the target group to save and attain financial stability.
Suppose that Yakov, an economist from a university in Arizona, and Ana, an economist from a nonprofit organization on the West Coast, are arguing over saving incentives. The following dialogue shows an excerpt from their debate:
Kyoko: I think it' safe to say that, in general, the savings rate of households in today's economy is much lower than it really needs to be to sustain an improvement in living standards.
Jacques: I think a switch from the income tax to a consumption tax would bring growth in living standards.
Kyoko: You really think households would change their saving behavior enough in response to this to make a difference? Because I don't.
The disagreement between these economists is most likely due to _________
a. differences in scientific judgments
b. differences between perception versus reality
c. differences in values
Answer: a. differences in scientific judgments
Explanation:
Economists generally argue about most policies due to the different schools of thought that they adhere to.
These schools of thought are influenced by scientific judgements they believe to be the most applicable to the economies of nations. This difference in opinion between these two is most likely because they follow different schools of thought with differences in scientific judgements.
Smashed Pumpkins Co. paid $160 in dividends and $589 in interest over the past year. The company increased retained earnings by $492 and had accounts payable of $630. Sales for the year were $16,370 and depreciation was $732. The tax rate was 40 percent. What was the company's EBIT
Answer: $1675.67
Explanation:
Based on the information given in the question, the company's EBIT would be calculated as:
Earnings After Tax will be:
= Retained Earnings + Dividends
= 492 + 160
= 652
Earnings Before Tax will be:
= EAT / (1 - tax rate)
= 652 / (1 - 40%)
= 652 / (1 - 0.40)
= 652/0.60
= 1086.67
EBIT would then be calculated as:
= EBT + Interest
= 1086.67 + 589
= 1675.67
You are the executive vice president for Cooper Tire, the sixth largest U.S. tire maker. You have the responsibility to locate land for a new distribution center in Mississippi, and you own over 1,000 acres of land near one site in Tupelo. This could create for you:________.
A) a code of ethics.
B) the usual decision-making problems of cost versus benefit to Cooper Tire.
C) a wonderful, ethical opportunity to make a lot of money.
D) an ethical opportunity to move the distribution center to your hometown.
E) a conflict of interest.
Answer:
This could create for you:________.
E) a conflict of interest.
Explanation:
The conflict of interest will occur when, as the executive vice president for Cooper Tire, you decide to buy the land for your company from your own acres of land. It means that your personal interests (or family, friendships, financial, or other social factors) are being served, perhaps at the detriment of your employer's. In this situation, it is likely that you could compromise your judgment, decisions, or actions in the workplace by going ahead to acquire this land for your company because you want to serve your personal and community interests. However, you can avoid the conflict by clearly stating your positions to your company and allow other management staff to make the needed decision with regards to your land.
Scenario #2: One spouse thinks that their two children need new shoes. The other
spouse thinks that the family vehicle needs an oil change. Can both be done with only
$30 in the budget for blow money? How can this issue be resolved in the future?
What is my GPA if you have 5 A's and 1 F
Answer:
Honesly I don't really now but I could probobly find out
which business is more likely to borrow from an investment bank
Answer:
Investment banks were seeking to borrow more money to trade more debt and earn more profits. Early on, for every one dollar the investment bank invested from its own funds, it invested an additional three dollars of borrowed funds.
Suppose Kim purchases a new personal computer produced in China for $1,900. What is the effect on the components of GDP and GDP as a whole?
Instructions: If there is no impact on that component enter a O for $0. If there is a positive contribution to the component enter in a the whole dollar amount. If there is a negative contribution to the component enter a negative sign before the dollar amount. Be sure all boxes include a number.
Consumption _____$
Investment _______ $
Government Expenditures ________$
Net Exports _____ $
Change in GDP as a result of the transaction __________ $
Answer:
Consumption $ 1900
Investment 0
Government Expenditures 0
Net Exports -$ 1900
Change in GDP as a result of the transaction 0
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
The purchase of the laptop is part of durable consumption. So, consumption increases by $1900
The purchase of the laptop is not by a business or by the government. Investment and government expenditure remains unchanged.
The purchase of the laptop from China constitutes an import activity. Import increases. But import is a negative function of import, so net export decreases.
Total change in GDP = $1900 + 0 + 0 - $1900 = 0
The President of a company that produces an electronic gadget and sells it in a competitive market observed that the demand for the product is represented by a linear equation of the form P = 10 - .2Qd and the supply by P = .2Qs. He asked the Vice President for Marketing what P and Q will be at equilibrium?
Answer and Explanation:
The computation is shown below:
Demand is
P = 10 - 0.2Qd
And
supply is
P = 0.2QS
Now as we know that
Equilibrium would be
Qd = Qs = Q
So
10-0.2Q = 0.2Q
0.4Q = 10
Q = 25 units is the equilibrium quantity
and P = 0.2Q
= 0.2 × 25
= $5 is the equilibrium price
Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows:
Inventories January 1 January 31
Materials...........................$180,000.....................$145,500
Work in process....................334,600.....................290,700
Finished goods.....................675,000.....................715,000
Direct labor.........................................................$2,260,000
Materials purchased during January....................1,375,000
Factory overhead incurred during January:
Indirect labor......................................................115,000
Machinery depreciation.......................................90,000
Heat, light, and power.........................................55,000
Supplies..............................................................18,500
Property taxes.....................................................10,000
Miscellaneous costs............................................33,100
a. Prepare a cost of goods manufactured statement for January.
b. Determine the cost of goods sold for January.
Answer and Explanation:
a. The preparation of the cost of goods manufactured statement for January is presented below:
Diskan Manufacturing Company
Statement of Cost of Goods Manufactured
For the month ended January 31
Work In Progress Inventory, January 1 $334,600
Direct Material:
Material Inventory, Jan 01 $180,000
Add; Purchases during January $1,375,000
Cost of Materials available for use $1,555,000
Less; Material Inventory, Jan 31 (Ending Inventoy) $145,500
Cost of Direct Materials used in Production $1,409,500
Direct Labor $2,260,000
Factory Overhead:
Indirect Labor $115,000
Machinery depreciation $90,000
Heat, Light and Power $55,000
Supplies $18,500
Property Taxes $10,000
Miscelleneous Costs $33,100
Total Factory Overhead $321,600
Total Manufacturing Cost Incurred during January $3,991,100
Total Manufacturing Costs $4,325,700
Less: Work In Progress Inventory, January 31 $290,700
Cost of Goods Manufatured $4,035,000
b. The cost of goods sold is
= Opening balance of finished goods inventory + cost of goods manufactured - ending balance of finished goods inventory
= $675,000 + $4,035,000 - $715,000
= $3,995,000