Answer and Explanation:
The identification of the role that money plays in each of the following transactions done:
1. In the case when Van write the check so it would be classified as the medium of exchange
2. When van would easily measures the price of the super i.e. higher than the duper price so it would be classfied as the unit of the account
3. And, when van saved the amount of $4,000 in his checking account so it would be classified as the store of the value
National Orthopedics Co. issued 9% bonds, dated January 1, with a face amount of $900,000 on January 1, 2018. The bonds mature on December 31, 2021 (4 years). For bonds of similar risk and maturity the market yield was 10%. Interest is paid semiannually on June 30 and December 31.
(FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the standard factor tables.)
Required:
1. Determine the price of the bonds at January 1, 2018.
2. Prepare the journal entry to record their issuance by National on January 1, 2018.
3. Prepare the journal entry to record interest on June 30, 2018.
4. Prepare the appropriate journal entries at maturity on December 31, 2021.
Table Values Based On:
n=
i=
Cash Flow Amount Present Value
Interest
Principal
Price of Bonds
Answer:
1. Determine the price of the bonds at January 1, 2018.
PV of face value = $900,000 / (1 + 5%)⁸ = $612,525
PV of coupon payments = $40,500 x 6.4632 (PV annuity factor, 5%, 8 periods) = $261,760
market price of bonds = $874,285
2. Prepare the journal entry to record their issuance by National on January 1, 2018.
January 1, 2018, bonds issued at a discount
Dr Cash 874,285
Dr Discount on bonds payable 25,715
Cr Bonds payable 900,000
3. Prepare the journal entry to record interest on June 30, 2018.
Dr Interest expense 43,714
Cr Cash 40,500
Cr Discount on bonds payable 3,214
4. Prepare the appropriate journal entries at maturity on December 31, 2021.
Dr Bonds payable 900,000
Dr Interest expense 43,714
Cr Cash 940,500
Cr Discount on bonds payable 3,214
ICOT Industries issued 15 million of its $1 par common shares for $424 million on April 11, 2012. Legal, promotional, and accounting services necessary to effect the sale cost $2 million.
Required: Show the journal entry to record the issuance. How does this treatment compare to debt issue costs we talked about in chapter 14?
Answer:
Date Account title and Explanation Debit Credit
Apr 11 Cash ($424 million - $2 million) $422,000,000
Common stock $15,000,000
Paid in capital in excess of par value $407,000,000
($422,000,000 - $15,000,000)
(To record the issue of common Stock)
Self-Study Problem 10-1 Master Budget
Hansell Company’s management wants to prepare budgets for one of its products, Duraflex, for July 2019. The firm sells the product for $91 per unit and has the following expected sales (in units) for these months in 2019:
April May June July August September
3,900 6,500 6,600 8,200 9,200 5,800
The production process requires 4 pounds of Dura-1000 and 2 pounds of Flexplas. The firm’s policy is to maintain an ending inventory each month equal to 10% of the following month’s budgeted sales, but in no case less than 500 units. All materials inventories are to be maintained at 5% of the production needs for the next month, but not to exceed 1,000 pounds. The firm expects all inventories at the end of June to be within the guidelines. The purchases department expects the materials to cost $1.25 per pound and $5.00 per pound for Dura-1000 and Flexplas, respectively.
The production process requires direct labor at two skill levels. The rate for labor at the K102 level is $50 per hour and $20 per hour for the K175 level. The K102 level can process one batch of duraflex per hour; each batch consists of 100 units. The manufacturing of Duraflex also requires one-tenth of an hour of K175 workers’ time for each unit manufactured.
Required:
On the basis of the preceding data and projections, prepare the following budgets:
a. Sales budget for July (in dollars).
b. Production budget for July (in units).
c. Production budget for August (in units).
d. Direct materials purchases budget for July (in pounds).
e. Direct materials purchases budget for July (in dollars).
f. Direct manufacturing labor budget for July (in dollars).
Answer:
a.-Sales Budget (in dollars).
Budgeted sales in units 6,000
Budgeted selling price per unit $40
Budgeted sales $240,000
b. Production Budget (in units)
Desired ending inventory (July 31)
(The higher of 100 and 7,000 x 0,1) 700
Budgeted sales for July 2002 + 6,000
Total units needed for July 2002 6700
Beginning inventory (July 1) -
(The higher of 100 and 6,000 x 0,1) 600
Units to manufacture in July 6100
C.-Production Budget (in units)
for August 2002
Desired ending inventory (8,000 x 0,1) 800
Budgeted sales + 7,000
Total units needed 7800
Beginning inventory - 700
Units to manufacture in August 7100
d.-Direct Materials Purchases Budget (in pounds)
For July 2002
Direct Materials
Dura-tOOO Flexplas
(4Ib. each) (2Ib. each)
d Materials required for budgeted
production (6,100 units of duraflex) 24,400 12,200
Add: Target inventories (lower of 1,000 or 5 percent of
August production needs) 1,420 710 1000 710
Total materials requirements 25,400 12,910
Less: Expected beginning inventories (lower of 1,000 orr 5 percent) . 1,220 610 1000 610
Direct materials to be purchased 24,400 12,300
e.Direct Materials Purchases Budget (in dollars) For July 2002
Budgeted Expected
Purchases Purchase
(Pounds) Price per Unit Total
Dura-lOOO 24,400 $1.25 $30,500
Flexplas 12,300 $5.00 $61,500
Budgeted purchases $92,000
Explanation:
The firm's policy is to maintain a minimum of 100 units of duraflex on hand at alltimes with no fewer than 10 percent of units on hand at the end of a period to meet
the expected sales for the following month. 100 10%
All materials inventories are to be maintained at 5 ercent of the production needs for the next month, 5% but not to exceed 1000 pounds 1000
The firm expects all inventories at the end of June to be within the Guidelines.
The purchase department expects the materials to cost $1.25 per pound $1.25 and $5.00 per pound of dura-lOOO and flexplas, respectively. $5.00
The production process requires direct labor at two skill levels. rate per unit The rate for labor at the K102 level is $50 per hour and $50.00 $0.50 for the K175 level is $20 per hour. $20.00
The K102 level can process one batch of duraflex per hour; 1 each batch consists of 100 units. 100 No. of units in one hour rate per unit
The manufacturing of duraflex also requires one-tenth of an hour of K175 workers' time 0.10 10.0 $2.00 for each unit manufactured.
Manufactured overhead is allocated at the rate of $200 per batch and $30 per $200.00 per batch DIirect labor-hour. $30.00 per direct labor-hour.
Assess each of the "Post Marketing Concept Approaches" from the eText with regard to their suitability to individual competitive strategies. As an example, determine the marketing concept appropriate for cost leadership strategy and make the arguments in support of your perspectives.
Answer:
The marketing concept that is most suitable to Cost Leadership Strategy is the Production Concept.
The production concept of marketing places a strong emphasis on operations and how it can be constantly fine-tuned to deliver the required products as and when required at the quantity required and at the lowest cost possible. Minimal costs is crucial here because the market being played by the entrepreneur or the business is a growing one, most concerned about product availability and low prices than on quality.
So in order to come out on top as the leader with the lowest production cost, the business must invest in processes that help them do just that.
In this market, the quality is approximately standard across board. This means people worry less about quality and are focused on getting the same quality at the lowest price possible. In a perfect market, people who do large purchases will gravitate to the business with the lowest price even if the difference in the price of that of other producers are only a small margin.
Explanation:
The product concept marketing approach focuses on delivering the most exquisite product in the market. This an example of a company/companies in the mobile telecommunications market that do this are: Apple and Samsung.
In business, the trade-offs are usually between quality, cost and time.
It speaks to the fact that the higher the quality, the higher the cost. This Product concept as a marketing strategy rests on the premise that there are enough potential customer for the product and that existing ones are too loyal to shift their focus because of the added cost required for their products;
The selling concept: the premise for this concept derives from the assumption that the degree to which people purchase a product is directly proportional to the intensity of selling efforts. A company that adopts this concept will most likely have a very huge advertising budget and a large sales team/outlets.
The Marketing Concept: This concept takes root in the notion that for a business to succeed, it must outdo its rivals with regard to value delivery. Companies that adopt this approach seem to combine all the other concepts into one holistic marketing strategy because the focus is on gaining the most competitive advantage.
The Societal Marketing Concept:
As consumers grew more aware of the impacts of business activities on the environment and society, buying decisions started to be influenced by whether or not the company was being ethical. Ethical issues under consideration were:
a) does the production process of the company impact the environment negatively?
b) is the company involved in any social development project?
c) are there any illegal and or unethical issues on their supply chain? such as child labor, illegal acquisition of raw material, human trafficking etc.
Several global brands in the clothing business for instance, have recently been put in the spotlight for tolerating child slavery in one of the countries of origin for their raw material. This modern-day concept has become very important for most if not all multinational companies.
Cheers
For each of the following transactions, identify it as a financial capital inflow or financial capital outflow in the United States Balance of Payments. Also, determine if the transaction is in the Current or Financial Account.
a. The U.S. exports cars to be sold in Canada.
b. Pepsi buys a factory in Mexico.
c. A Brazilian company buys an apartment building in Boston.
d. The central bank of China purchases a U.S. Treasury Bond.
f. A businessman is paid dividends on the stock from a foreign corporation that he owns.
Answer: See explanation
Explanation:
The balance of payment show tge transactions that occur between a country and another country.
a. The U.S. exports cars to be sold in Canada.
This is a financial capital inflow and the transaction is in the current account.
b. Pepsi buys a factory in Mexico.
This is a financial capital outflow and the transaction is in the financial account.
c. A Brazilian company buys an apartment building in Boston.
This is a financial capital inflow and the transaction is in the current account.
d. The central bank of China purchases a U.S. Treasury Bond.
This is a financial capital inflow and the transaction is in the financial account.
e. A businessman is paid dividends on the stock from a foreign corporation that he owns.
This is a financial capital inflow and the transaction is in the financial account.
Stocks A and B have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the following statements is correct?
A B
Price $25 $40
Expected growth 7% 9%
Expected return 10% 12%
A) The two stocks should have the same expected dividend
B) The two stocks could not be in equilibrium with the numbers given in the question
C) A's expected dividend is $0.50
D) B's expected dividend is $0.75
E) A's expected dividend is $0.75 and B's expected dividend is $1.20
Answer: E) A's expected dividend is $0.75 and B's expected dividend is $1.20
Explanation:
Using the Gordon growth model, you can calculate the expected dividend. The formula is:
Price = Expected dividend/ (expected return - expected growth)
Stock A expected dividend
25 = D/ (10% - 7%)
D = 25 * 3%
= $0.75
Stock B expected divided
40 = D / (12% - 9%)
D = 40 * 3%
= $1.20
Option A, C and B are therefore wrong.
Option E is correct.
Silver Springs Company has an unfunded retiree health care plan. Each of the company's four employees has been with the organization since its inception at the beginning of 2020. As of the end of 2021, the actuary estimates the total net cost of providing benefits to employees during their retirement years to have a present value of $196,000. Each of the employees will become fully eligible for benefits after 28 more years of service, but aren't expected to retire for 30 more years. The interest rate is 8%. Required: 1. What is the expected postretirement benefit obligation at the end of 2021? 2. What is the accumulated postretirement benefit obligation at the end of 2021?
Answer:
1. The expected post-retirement benefit obligation at the end of 2021 is $196,000, the present value of total net costs of providing health care benefits.
2. Calculation of the accumulated post-retirement benefit obligation at the end of 2021 is as below:
APBO = EPBO * Full eligibility period / Attribution period
APBO = $196,000 * 2 / (2+28)
APBO = $196,000 * 2/30
APBO = $13066.66666666667
APBO = $13,066.67
Thus, accumulated post-retirement benefit obligation at the end of 2021 is $13,066.67.
The difference between the income
received from abroad for rendering factor services by the normal residents of the country to the rest of the world and income paid for the factor services rendered by
nonresidents in the domestic territory of a country is known as:
Select one:
a. Net Factor Income from Abroad
b. Capital consumption allowances
c. Depreciation
d. Subsidy
= Net Factor Income from Abroad
The difference between the income received from abroad for rendering factor services and income paid for the factor services rendered by nonresidents is known as Net Factor Income from Abroad. Thus the correct option is (B).
What is Income?Income refers to the money received by the individual over a period of time. In Business, income refers to the revenue generated after selling the goods and services to the customers.
Net factor Income from abroad refers to the income received from aboard after providing the services by the residents of the country to the rest of the world minus income paid for taking services from the domestic country.
Thus the correct option is (B).
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Overheating of the economy means
output is occurring at an unsustainably high level, at which the unemployment rate is lower than the natural rate of unemployment.
Select one:
a. The business cycle curve is below the growth trend, the economy is experiencing a negative output gap.
b. The business cycle will reach a peak and enter a recession.
c. None of the above
d. The business cycle will reach a troughand enter a recovery
= The business cycle will reach a peak and enter a recession.
Answer:
A is correct.
Explanation:
thank you.
If the United States could produce five televisions per hour of labor and China could produce three televisions per hour of labor, would it necessarily follow that the United States should specialize in television production? Why or why not?
Answer:
US specialisation in TV can be stated on the basis of Absolute Advantage, not comparative advantage.
Explanation:
Absolute Advantage is when a country can produce more output per input of a commodity, than other country.
Comparative Advantage is when a country can produce a good at lower opportunity cost (in terms of other sacrifised)
China can produce more (ie 5 units television) per hour employed, compared to US able to produce lesser (3 units) in the same time. So, on the basis of Absolute Advantage, it can be stated that US should specialise in TV production.
However, since other good's details have not been given. So, we cannot attain the relative opportunity costs. Hence, specialisation on the basis of comparative advantage can't be stated.
Countries do have areas of specialization. If the United States could produce five televisions per hour of labor and China could produce three televisions per hour of labor, It would be necessarily that the United States should specialize in television production.
Based on the fact that United states can produce 5 televisions per hour of labor as compared to 3 televisions per hour of labor in China, The US has an absolute advantage and can therefore specialize in it.Countries often produce more when they have an advantage. This advantage is known as the ability to a lower production cost of a good when compared to competitors but Comparative advantage is known to the lower opportunity cost of production of some specific goods when compared to competitors.
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Which of the following occupations would least likely to be
subjected to seasonal employment?
Select one:
a.
Easter Bunny.
b.
McDonald clown.
C.
Department store Santa Claus.
d.
Lifeguard.
= McDonald clown.
Answer:
McDonald Clown
Explanation:
B.
=MCDONALD
What can a speaker do to ensure that they are respectful of their audience, especially when speaking to a skeptical audience or an audience that has different values than their own?
ANSWER
Always state the facts pertaining to your speech.
Always avoid stereotypes during a speech.
Never bash or be bias.
Remain objective.
Have respect for the people and their values as well as beliefs .
Explanation:
Diskind Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During October, the company budgeted for 6,700 units, but its actual level of activity was 6,650 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for October:
Data used in budgeting:
Fixed element
per month Variable element per unit
Revenue — $34.20
Direct labor $0 $6.20
Direct materials 0 13.80
Manufacturing overhead 37,000 1.70
Selling and administrative expenses 25,500 0.20
Total expenses
$62,500
$21.90
Actual results for October:
Revenue $228,900
Direct labor $41,130
Direct materials $93,235
Manufacturing overhead $43,500
Selling and administrative expenses $30,470
The direct materials in the flexible budget for October would be closest to:
A. $91,770
B. $93,965
C. $92,460
D. $93,055
Answer:
A. $91,770
Explanation:
The direct materials in the flexible budget for October:
Cost = Variable Cost + Fixed Cost
Variable Cost = Actual level of activity*Direct material Variable element per unit = 6,650 units * $13.80 = $91,770
Fixed Cost = $0
So, the direct materials in the flexible budget for October = $91,770 + 0 = $91,770.
13.) An investor is in a 30% combined federal plus state tax bracket. If corporate bonds offer 6% yields, what yield must municipals offer for the investor to prefer them to corporate bonds
Answer:
the yield that must offer for the investor in order to prefer them is 4.2%
Explanation:
The computation is shown below:
The after tax yield is
= Corporate bond yield × (1 - tax rate)
= 6% × (1 - 0.30)
= 6% × 0.70
= 4.2%
hence, the yield that must offer for the investor in order to prefer them is 4.2%
The same is relevant
Assume, for Mexico, that the domestic price of oranges without international trade is lower than the world price of oranges. This suggests that, in the production o! oranges:________
a. Mexico has a comparative advantage over other countries and Mexico will export oranges.
b. Mexico has a comparative advantage over other countries and Mexico will import oranges.
c. Other countries have a comparative advantage over Mexico and Mexico will export oranges.
d. Other countries have a comparative advantage over Mexico and Mexico will import oranges.
Answer: Mexico has a comparative advantage over other countries and Mexico will export oranges
Explanation:
Based on the information given in the question, we can see that Mexico has a comparative advantage. This implies that Mexico can produce oranges at a lower opportunity cost when it is compared to other countries.
In this case, since Mexico has a comparative advantage over other countries, it implies that Mexico will export oranges.
Consider two economies that are identical, with the exception that one has a high marginal propensity to consume (MPC) and one has a low MPC. If the money supply is increased by the same amount in each economy, the high MPC economy will experience:
Select one:
a. a smaller increase in output and a
smaller decrease in the interest rate.
b. A larger increase in output and a
smaller decrease in the interest rate.
c. a larger increase in output and a
larger decrease in the interest rate.
d. A smaller increase in output and a larger decrease in the interest rate
= A larger increase in output and a
smaller decrease in the interest rate.
If the money supply is increased by the same amount in each economy, the high MPC economy will experience b. A larger increase in output and a smaller decrease in the interest rate.
What does a high MPC imply?A high MPC implies increased consumption while a low MPC shows increased savings.
Two factors that increase MPC include:
Readily available credit Lower interest rates.Thus, if the money supply is increased by the same amount in each economy, the high MPC economy will experience b. A larger increase in output and a smaller decrease in the interest rate.
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The Gorman Group issued $880,000 of 13% bonds on June 30, 2018, for $946,202. The bonds were dated on June 30 and mature on June 30, 2038 (20 years). The market yield for bonds of similar risk and maturity is 12%. Interest is paid semiannually on December 31 and June 30.
Required:
Record the company's journal entry.
Answer:
Missing word: "a. to record their issuance by The Gorman Group on June 30, 2018, b. interest on December 31, 2018 and c. interest on June 30, 2019 (at the effective rate)."
Par value of bonds = $880,000
Semi annual interest payment = 880,000 x 13% x 6/12 = $57,200
Effective interest rate = 12%, Semi annual Effective interest rate = 6%
Issue price of bonds = $946,202
Premium on bonds payable = Issue price of bonds - Par value of bonds = $946,202 - $880,000 = $66,202
a. Journal Entry on June 30, 2018
Date Account Debit Credit
6/30/2016 Cash 946,202
Bonds payable 880,000
Premium on Bonds payable 66,202
b. Journal Entry on on December 31, 2018
Date Account Debit Credit
12/31/2016 Interest expense 56,772
(946,202 x 6%)
Premium on bonds payable 428
(57,200 - 56,772)
Cash 57,200
c. Journal Entry on on June 30, 2019
Date Account Debit Credit
6/30/2019 Interest expense 56,746
(945,774 x 6%)
Premium on bonds payable 428
(57,200 - 56,746)
Cash 57,200
QUESTION 10 of 10: Your business owns an old truck. Liability insurance is required; collision is optional. Collision insurance costs $500 per year. The old truck has a value of $750. You think the likelihood of having a serious collision in a year is about 10%. Should you get the collision insurance? O a) Yes Ob) No
the answer for this question is No
hope this helps
Answer:
no
Explanation:
I had this one.
Fill in the blanks with the category of the expanded accounting equation (assets; liabilities; owner, capital; owner, withdrawals; revenues; expenses).
Inventory
Retained Earnings
Dividends
Cost of Goods Sold
Utilities Payable
Service Revenue
Accounts Payable
Rent Expense
Answer and Explanation:
The classification is as follows;
Inventory = current assets
Retained Earnings = stockholder equity
Dividends = dividend
Cost of Goods Sold = expense
Utilities Payable = current liabilities
Service Revenue = revenue
Accounts Payable = current liabilities
Rent Expense = expense
In this way it could be classified and the same is relevant
Five firms exist in the Liagiba industry. Their respective market shares are 35, 25, 15, 15, and 10 percent. Five firms exist in the Haras industry. Their respective market shares are 35, 30, 25, 8, and 2 percent.
Required:
What is the Herfindahl index for the both industries?
Answer:
Liagiba industry = 2400
Haras industry = 2818
Explanation:
The HHI is calculated by squaring the market share of each firm in the industry.
Liagiba industry = 35² + 25² + 15² + 15² + 10² = 1225 + 625 +225 + 225 + 100 = 2400
Haras industry = 35² + 30² +25² + 8² + 2² = 1225 + 900 + 625 + 64 + 4 = 2818
A manager of a large retail firm is interested in knowing what the company's product costs are. Which of the following would be considered a product cost for the manager's company?
A) Direct materials.
B) Product design cost.
C) Office expenses.
D) Selling expenses.
E) Advertising expense.
Answer: Direct materials.
Explanation:
Product cost us referred to as a cost that used to incur production and used to make a particular product. The product cost. The product costs are made up of the direct labor, the direct materials, factory overhead and the production supplies.
Of the options given, the one that'll be considered a product cost for the manager's company will be Direct materials.
Warner Clothing is considering the introduction of a new baseball cap for sales by local vendors. The company has collected the following price and cost characteristics.
Sales price $15 per unit
Variable costs 5 per unit
Fixed costs 50,000 per month
Required:
a. What number must Warner sell per month to break even?
b. What number must Warner sell per month to make an operating profit of $34,000 and $8,400. Assume that the company plans to sell 9,000 units per month. Consider requirements (b), (c), and (d) independently of each other.
c. What will be the operating profit?
d. What is the impact on operating profit if the sales price decreases by 10 percent? Increases by 20 percent?
Answer:
a. 5,000 units
b. 8,400 units and 5,840 units
c. $40,000
d. decrease of operating profit by 22.50 % and increase of operating profit by 45.00%
Explanation:
Breakeven point is level at which a firm makes neither profit nor loss
Break even units = Fixed Costs ÷ Contribution per unit
Break even units = 5,000 units
Units to achieve target profit = Target Profit + Fixed Costs ÷ Contribution per unit
Units to achieve profit of $34,000 = 8,400 units
Units to achieve profit of $8,400 = 5,840 units
Operating Profit = Contribution - Fixed Costs
= $40,000
The effect on change of operating profit can be best shown by calculation of the Degree of Operating Leverage (DOL)
DOL = Contribution ÷ Profit
= 2.25
Sales decreases of 10 percent = decrease of operating profit by 22.50 % (10 % × 2.25)
Sales Increases of 20 percent = increase of operating profit by 45.00% (20%× 2.25)
Value added per employee is a financial measure of how much product was sold vs. how many employees worked during the
period. Is this statement true or false?
Which of the following is punctuated correctly?
1) I need to know whether you are able to perform the following functions of the job, revising existing marketing materials, promoting the company at trade shows, and reaching potential customers through direct mail campaigns.
2) I need to know whether you are able to perform the following functions of the job; revising existing marketing materials, promoting the company at trade shows, and reaching potential customers through direct mail campaigns.
3) I need to know whether you are able to perform the following functions of the job: revising existing marketing materials, promoting the company at trade shows, and reaching potential customers through direct mail campaigns.
Answer:
The correctly punctuated is:
3) I need to know whether you are able to perform the following functions of the job: revising existing marketing materials, promoting the company at trade shows, and reaching potential customers through direct mail campaigns.
Explanation:
It has the colon at the right place, and the commas observe the standard Oxford Comma convention for making a list. Both colon and comma are punctuation marks that can be used in making a list. Usually, the colon is put after stating "the following," while commas separate one item from the other and are used when the items are three or more, with the last item started with a comma.
Which one is not a benefit to
employee which results through
positive attitude of an employee
Select one:
a. Job security
b. Promotion
c. Less stress
d. Enjoying life
= Promotion
Answer:
I think its B
Explanation:
A is the probability of not losing your job
C Needs a Postive Attitude
D also Needs a Positive Attitude
The one which does not benefit the employee as a result of positive attitude of an employee is Promotion. Thus, option (B) is correct.
What is Promotion?Promotion in the context of a career means raising a worker's position or rank within a hierarchical structure of the organization. The promotion given to those employees who excel in their performance.
Promotion is the one that does not benefit the employee as a result of the employee's positive attitude. Therefore, it can be concluded that option (B) is correct.
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Scientist of OB recognize that
organisations are not static but
dynamic and_________
Select one
a. Processing
b. Systematic
c. Researching
d. Ever changing
= Ever changing
Explanation:
the answer is = Ever changing
The effective operation of a firm and its supply chain is more important than the design and implementation of its processes.
True False
Answer: False
Explanation:
The above statement is false. The design and implementation stage is vital as well as thus is the point where a particular product is designed and where the project will be executed.
A product can only be supplied to the customers if such product has give through the design and implementation phase. This implies that the phase is if importance.
Some students and scholars may owe money with their tax return. Nonresidents have which of the following payment options?
a. Ask for an extension of time to pay or an installment agreement.
b. Pay the entire balance by the due date for the return.
c. Put the balance on a credit card.
d. All of the above.
Answer:
d. All of the above.
Explanation:
In the case where certain students and academics owes their tax return money, the non-resident has the below payment options.
a. Either apply for a pay time extension or an agreement to pay on the basis of payments
b. Pay at the due date of the return the total sum
c. On the credit card, put the balance
Therefore by all of the above options they can be eligible
hence, the correct option is d.
If the velocity of money is 3 and the amount of narrow money is $1.56 billion, what would be the nominal GDP?
Select one:
a. $8.5 trillion
b. $4.68 billion
c. $4.68 trillion
d. $5.68 billion
= 4.68 billion
Answer:
c. $4.68 trillion
Explanation:
Narrow money refers to the physical money coins and notes within an economy. It is a way of measuring the money that is available for immediate spending in the economy.
The velocity of money is the rate at which money circulates in the economy. Therefore, the velocity of money is a measure of the number of times narrow money circulates in the economy per period.
If the velocity of money is 3, narrow money circulates three times, meaning the value of GDP will be the velocity of money multiplied by narrow money
=3 x 1.56 billion
=4.68 billion
Case studies can _________ be cross-representational from company to company.
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