Explanation:
Yes, since an organization is a reflection of the values of the society in which it operates, it is correct to say that business practices in an Islamic country may be different from business practices in a Christian country.
Some differences can be mentioned, such as in Islamic organizations, there is the incorporation of rules and laws arising from Islam, such as in the period of Ramadan, where there is a 6-hour working day, fasts and other religious practices. It is also possible to quote the dress code in the workplace, the treatment given to women among several other practices that differentiate an Islamic organization from a Christian one.
Using the information below for Laurels Company; determine the manufacturing costs added during the current year:
Direct materials used $5,000
Direct labor 7,000
Total factory overhead 5,100
Beginning work in process 3,000
Ending work in process 4,000
a. $12,000.
b. $16,100.
c. $17,100.
d. $18,100.
e. $13,600.
Answer:
C. $17,100
Explanation:
The manufacturing cost for the year is computed as;
Manufacturing cost = (Direct materials + Direct labor + Total factory overheads) + Beginning work in process - Ending work in process
Direct materials
$5,000
Direct labor
$7,000
Total factory overheads.
$5,100
Direct manufacturing costs
$17,100
Add beginning work in process
$3,000
Less ending work in process
($4,000)
Total manufacturing costs
$16,100
Jamison Construction has implemented a cost estimation system using regression analysis. The variable cost per hour of labor is $35 and the fixed cost was determined to be $186,000. If Jamison projects it will be working 204,000 hours in 2019, what is the projected total cost
Answer:
$7,326,000
Explanation:
Calculation for what is the projected total cost
Using this formula
Projected total cost=(Projected hours*Variable cost per hour of labor)+Fixed cost
Let plug in the formula
Projected total cost=(204,000 hours*$35)+$186,000
Projected total cost=$7,140,000+$186,000
Projected total cost=$7,326,000
Therefore the projected total cost will be $7,326,000
Suppose the United States chose to legalize the production and use of marijuana, but also decided to put a tax on the good. After doing so, suppose that the price that consumers paid fell, and the amount that growers got to keep also fell. This would
Answer:
indicate that the demand-side effect was greater than the supply-side effect.
Explanation:
In the case when the United States wants to select for legalization the production and chose the marijuana also at the same time it is decided to put a tax on the good now after that the price that paid by the consumers would fall and the amount also fall this would result in sharing the tax burden between the producers and consumers as the demand effect is greater than the supplies effect
If there is no written designated agency relationship, a client of Meramac Realty has what kind of relationship with Meramac
Answer: c. A nonagency relationship with everyone in the office.
Explanation:
For an agency relationship to exist in the eyes of the law, there must be a contract with a written designated agency relationship between the client and Meramac Realty.
With no such contract in existence, the law recognizes no agency relationship between Meramac and any of its affiliates with the client. There is therefore a non-agency relationship with everyone in Meramac.
Dealing with a customer or seller in another country ________.
a. A U.S. company can always choose to be governed by U.S. law.
b. A U.S. company is always required to deal with the law of the foreign country.
c. Always raises issues over which country or countries law(s) will be applied and issues of jurisdiction to hear the case.
Answer:
iraq
Explanation:
Dealing with a customer or seller in another country A U.S. company is always required to deal with the law of the foreign country. Thus the correct option is B.
What is a Customer?A customer is referred to as an individual who purchases a product or service. He may or may not be the consumer. A consumer refers to a person who utilizes or consume goods and service.
An e-commerce company will be governed by the rules and legislation of any other countries or states where you sell to customers. In the case, when the customer makes any complaint it will be handled by a foreign jurisdiction.
Therefore, it is crucial to start any business on an international border first need to check the legal environment to avoid any consequences in later terms and helps in the better positioning of the business.
Therefore, option B is appropriate.
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PLEASE HURRY
Using the chart below for reference, how would you describe the relationship between the amount of education you
receive and the amount of money you make?
Average Annual Earnings for College Graduates
and Non-Graduates
Professional Degree
$109,600
Doctoral Degree
$89,400
Master's Degree
$62,300
Bachelor's Degree
$52,200
Associate's Degree $38,200
Some College $36,800
High School Diploma $30,400
Some High School
$23.400
Answer:
I think it would be master's degree
sorry if I am wrong I really kind of don't know the real answer
Which lists the amount of education required for the Transportation and Logistics careers from least to greatest?
Brownfield Redevelopment Specialists, Ship Loaders, Aviation Inspectors
Transportation Planners, Diesel Engine Specialists, Freight Forwarders
Bicycle Repairers, Airline Pilots, Tank Loaders
Taxi Drivers, Aircraft Mechanics,Traffic Technicians
Answer:
It's D)
Explanation:
Taxi Drivers have bare minimum degrees, Aircraft Mechanics have associates or Bachelors, and Traffic Technicians have Bachelors or higher degrees.
Hope this helped! :D
Answer:
D
Explanation:
Im completly not sure but Im 99 %
Which statement is true about the purpose of a Work-In-Process constraint?
a. It identifies possible constraints for Solution completion.
b. It helps analyze, approve, and track Portfolio Epics and Enablers
c. It captures where all new "big" ideas come from
d. It encourages collaboration and enables flow
Answer:
a. It identifies possible constraints for Solution completion.
Explanation:
Work in process limits or constraints represent the fixed constraints that implemented on kanban boards that helps in removing the wastage from the processes
In the given statement, the first statement is true as it identifies the possible constraints in order to complete the solution
Therefore the same is to be relevant
Hence, all the other options are wrong
A SWOT analysis provides organizational strategists with key information and a realistic assessment and understanding of both the internal and external environments. This activity is important because a SWOT analysis is a useful tool in gathering information about the competitive environment to establish a grand strategy.
The goal of this exercise is to challenge your knowledge of SWOT analysis.
Wrtie down the most appropriate area of the SWOT analysis for each item.
1. The R&D program at the company produces world-class products
2. Our product is targeted to young professionals under 35 years of age. That group is growing.
3. The equipment the company owns is last generation and does not have the latest technology,
4- There have been several up and coming companies that are beginning to enter our market space,
5. Word is that a new highway is being built in the next couple of years. making it easier to transport our products from the factory.
6. The employees who work for us are highly skilled and leaders in their field.
7. Management does not provide a big budget to support the world-class staff that work for the company.
g. The company uses a fair amount of short-term debt financed through the bank. Economic projections indicate that interest rates may rise in the future and credit will be more difficult to obtain
Answer:
5. Word is that a new highway is being built in the next couple of years. making it easier to transport our products from the factory.
Explanation:
does anyone know a free app that i can watch shows on? what show u may ask it called the 100
A company reported average total assets of $1,240,000 in Year 1 and $1,510,000 in Year 2. Its net operating cash flow was $102,920 in Year 1 and $138,920 in Year 2. (1) Calculate its cash flow on total assets ratio for both years. (2) Did its cash flow on total assets improve in Year 2 versus Year 1
Answer:
A. Year 1 8.3%
Year 2 9.2%
B. Yes
Explanation:
(1) Calculation for its cash flow on total assets ratio for both years
Using this formula
Cash flow on total assets ratio =Net operating cash flow/Average total assets
Let plug in the formula
Year 1 Cash flow on total assets ratio=$102,920/$1,240,000
Year 1 Cash flow on total assets ratio=8.3%
Year 2 Cash flow on total assets ratio= 138,920/1,510,000
Year 2 Cash flow on total assets ratio= 9.2%
(2) Based on the above calculation YES it's cash flow on total assets improve in Year 2 versus Year 1
Question #5
Multiple Choice
The basic calculation for Cost of Goods Sold for a retail business is:
Beginning Inventory + Inventory Purchases + End Inventory = Cost of Goods Sold
O Beginning Inventory + Inventory Purchases - End Inventory = Cost of Goods Sold
Beginning Inventory - Inventory Purchases - End Inventory = Cost of Goods Sold
O Beginning Inventory - Inventory Purchases + End Inventory = Cost of Goods Sold
© 2016 Glynlvon, Inc.
Starting inventory + purchases - ending inventory = cost of goods sold.
Answer:
the correct answer is b
Explanation:
Effects Transaction a. The company pays cash toward an account payable. b. The company purchases equipment on credit. c. The owner invests cash in the business in exchange for its common stock. d. The company pays cash dividends to shareholders. e. The company purchases supplies for cash. f. The company provides services for cash.
Answer:
Transaction Effects on the accounting equation:
a. The company pays cash toward an account payable.
Asset (Cash) reduced = Liabilities (Accounts Payable) reduced + Equity
b. The company purchases equipment on credit.
Asset (Equipment) increased = Liabilities (Accounts Payable) increased + Equity
c. The owner invests cash in the business in exchange for its common stock.
Asset (Cash) increased = Liabilities + Equity (Common Stock) increased
d. The company pays cash dividends to shareholders.
Assets (Cash) reduced = Liabilities + Equity (Retained Earnings) reduced
e. The company purchases supplies for cash.
Assets (Supplies) increased and (Cash) reduced = Liabilities + Equity
f. The company provides services for cash.
Assets (Cash) increased = Liabilities + Equity (Retained Earnings) increased
Explanation:
The accounting equation shows that assets are always equal to liabilities and equity with each given business transaction. With the double entry system of accounting, each transaction has double effects on the accounting equation on one side or on both sides of the equation.
The effect transaction in this scenario is the owner invests cash in the business in exchange for its common stock. This transaction increases the company's cash balance and adds to its equity by increasing the owner's investment. Therefore, option c is correct.
In the context of accounting and finance, equity refers to the ownership interest in a business or organization. It represents the residual interest in the assets of the entity after deducting liabilities.
Equity can be in the form of common stock, preferred stock, or retained earnings. It reflects the claims of the owners or shareholders on the company's assets and represents their ownership rights.
Equity is an important component of a company's financial structure and plays a role in determining its value, financing options, and distribution of profits.
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RWJ inc., produces the different medical devices. the following relates to the three products for next year. under an activity-based costing system, the per-unit overhead cost of device z is closest to
Answer:
Exing relates to the three products for next yeaplaRWJ inc., produces the different medical devices. the following relates to the three products for next year.nation:
An income property generates $9,200 per month, and is valued at $985,000. What is its gross rent multiplier
Answer:
107.07
Explanation:
Calculation for What is its gross rent multiplier
Gross rent multiplier= Income Property value/income property generated per month
Let plug in the formula
Gross rent multiplier= $985,000/$9,200 per month
Gross rent multiplier=107.07
Therefore its gross rent multiplier will be 107.07
Panner, Inc., owns 35 percent of Watkins and applies the equity method. During the current year, Panner buys inventory costing $86,800 and then sells it to Watkins for $124,000. At the end of the year, Watkins still holds only $21,800 of merchandise. What amount of gross profit must Panner defer in reporting this investment using the equity method
Answer: $2289
Explanation:
First, we have to calculate the gross percentage which would be:
= (Revenue - Cost of goods sold) Revenue
= ($124000 - $86800) / $$124000
= 30%
Therefore, the amount of gross profit must Panner defer in reporting this investment using the equity method would be:
= ($21800 × 30%) × 35%
= $21800 × 0.3 × 0.35
= $2289
What is bootstrapping technique 1 buying as much as u can 2 leasing as much as u can
Answer:
2. Lease as much as you can.
Explanation:
The term 'bootstrapping' can be defined as a process used by entrepreneurs to bringing in use their own assets as the capital resource. These resources can include personal savings, personal property area, etc. An enterprenuer can use these resources to ensure positive cash flow.
The most common way of bootstrapping is to lease your resources. One can lease his/her resources as much as one can under bootstrapping technique.
Therefore, option 2 is correct.
Land and Sea Incorporated would like your opinion about various countries as potential markets and investment sites. What general information can you share with them about assessing the overall attractiveness of a potential country as a market
Answer:
Land and Sea Incorporated
Country Attractiveness:
The following are general information that can be used to assess the overall attractiveness of a potential country as a market and investment destination:
1. Economic Factors: Some consideration should be paid to the foreign exchange practices, the economic competitiveness, and the fiscal policies, including taxation of the destination country.
2. Political/Legal Factors: An investment destination needs a stable political system with smooth regime-transitions. Investors should be able to secure their basic property and intellectual property rights.
3. Socio-Demographic Factors: The market potentials (market growth, entry and exit, and profit growth) and the ease of doing business in an environment are also important considerations.
4. Physical Infrastructure: It is very important to understand how the destination country is developing its physical infrastructure. Are power and energy resources readily available? Does the country possess good transportation networks that will enable the free movement of persons and goods? The security of life and property is an important factor that should never be overlooked when considering the physical infrastructure.
Explanation:
Country attractiveness is the measure of a country's readiness to welcome both domestic and international investors and provide the enabling environment for business activities. However, there should be a thorough evaluation of potential investments in a foreign country to determine the country’s suitability is in terms of its external business environments. The critical decision to invest should not be left to sentiments and political rhetorics. Some governments are experts in advertising the attractiveness of their countries. Some of them, with their investment campaigns, are not bankable.
You are considering a gradual expansion of your restaurant's square footage. Three tables per year will increase your profits by 4% per year. Your current yearly profit is $135,000. What will your annual profit be after 5 years?
a) $138,909
b) $155,344
c) $164,248
d) $188,125
Answer:
Annual profit after 5 year = $164,248 (Approx)
Explanation:
Given:
Current year profit P = $135,000
Growth g = 4 % = 0.04
Number of year n = 5 year
Find:
Annual profit after 5 year
Computation:
Annual profit after 5 year = P(1+g)ⁿ
Annual profit after 5 year = 135,000(1+0.04)⁵
Annual profit after 5 year = $164,248 (Approx)
Answer:
C) $164,248
Explanation:
None, I did the quiz and that was the answer
If the reserve ratio is 5 percent, then $500 of additional reserves would ultimately generate:________
Answer: B. $10,000 of new money.
Explanation:
If the reserve ratio is 5 percent, then $500 of additional reserves would ultimately generate $10,000 of new money. Thus, option B is correct.
What is reserve ratio?
Capital requirements are rules established by central banks that specify the minimal volume of liquid assets that a financial institution must retain. The amount of reservable obligations as commercial banks must keep onto but instead of lend outside or reinvest is known as the reserve ratio.
The sum of money that a bank must have in reserve in order to pay its obligations in the event of unforeseen departures is known as the deposits. The central bank uses margin requirements as little more than a tool to alter the amount of cash in the system and affect lending rates.
The formula will be derived as the
(Additional reserve/ rate or the percent) * 100
= ( 500 / 5) 100
= 10000
Therefore, option B is the correct option.
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The question is incomplete, the complete question will be:
A. $10,500 of new money.
B. $10,000 of new money.
C. $9,500 of new money.
D. $2,500 of new money.
Jesse wants to work as a public relations specialist. What academic requirements should he complete?
A.
a bachelor’s degree
B.
on-the-job training
C.
a technical program
D.
a doctorate degree
E.
high school
otal asset turnover 2.6 Profit margin 6.6 % Equity multiplier 1.5 Payout ratio 25 % What is the sustainable growth rate?
Answer:Sustainable growth rate =0.19305=19.305%
Explanation:
Sustainable growth rate is calculated as
Return on equity X (1 - dividend payout ratio)
But
Return on equity = profit margin X total asset turnover X equity multiplier
= 6.6% X 2.6 X 1.5
= 0.2574 X 100
=25.74%
The dividend payout ratio is 25% or 0.25
Sustainable growth rate =25.74% X (1-0.25)
=0.2574 X 0.75
=0.19305 X 100
=19.305%
Based on your learning of value chain, business strategy and product / market combinations do you share Dawar’s arguments that marketing is indeed becoming strategy? Why?
Answer: Marketing is becoming more strategic, firms are in a fierce competition to prove themselves to their clients and customers that they are the best at what they do.
Explanation:
I share in Dawar's argument that marketing is becoming more strategic, firms are in a fierce competition to prove themselves to their clients and customers that they are the best at what they do. business strategies are now increasingly inclined towards customer centric activities. Businesses are now focused not only on increasing market share but also on retaining customers as the competition in the market are increasing day by day.
Souza Inc, which produces and sells a single product, has provided its contribution format income statement for October.
Sales (4,000 units) $88,000
Variable expenses 40,000
Contribution margin 48,000
Fixed expenses 41,700
Net operating income $6,300
If the company sells 3,500 units, its net operating income should be closest to:_______
a. $5,513
b. -$4,700
c. $6,300
d. $300
Answer:
d. $300
Explanation:
Calculation for what its net operating income should be closest to
Using this formula
First step is to calculate the contribution margin per unit using this formula
Contribution margin per unit= Contribution margin ÷ Number of units
Let plug in the formula
Contribution margin per unit= $48,000 ÷ 4,000 units
Contribution margin per unit= $12
Second step is to calculate the contribution margin
Contribution margin = 3,500 units × $12
Contribution margin = $42,000
Now let calculate the net operating income using this formula
Net operating income = Sales - Variable cost - Fixed expenses
Let plug in the formula
Net operating income= $42,000 - $41,700
Net operating income= $300
Therefore its net operating income should be closest to $300
intends on adding a new product line. the contribution margin ratio for the new product is 0.2. they have a target operating income of $60,000, and targeted sales volume in dollars is $480,000. then total fixed costs must be: g
Answer:
The total fixed costs must be:
$36,000.
Explanation:
a) Data and Calculations:
Contribution margin ratio for the new product = 0.2
Target operating income = $60,000
Targeted sales volume in dollars = $480,000
Fixed costs = targeted sales volume in dollars multiplied by contribution margin ratio, minus target operating income
Fixed costs = ($480,000 * 0.2) - $60,000 = $36,000
b) The focus should be on the break-even formula for dollar sales with a target profit. When the formula is reversed, the fixed costs can be calculated as shown above.
Great Pumpkin Inc., wants to purchase a vending machine for their common room and chooses dimensions of cost, reliability, and flexibility as critical. They evaluate three different vending machine companies and rate their performance on each criterion on a scale from 1 (poor) to 5 (excellent). Which company should Great Pumpkin choose
Question Completion:
Dimension Importance Spike Olaf Andy
Cost 4 1 5 3
Reliability 2 5 2 3
Cost 3 3 3 4
Answer:
Great Pumpkin Inc.
Great Pumpkin should choose Olaf Manufacturing with the highest weighted score of 33.
Explanation:
a) Data and Calculations:
Dimension Importance Spike Olaf Andy
Cost 4 4 (1*4) 20 (5*4) 12 (3*4)
Reliability 2 10 (5*2) 4 (2*2) 6 (3*2)
Cost 3 9 (3*3) 9 (3*3) 12 (4*3)
Total weighted scores 23 33 30
b) Based on the total weighted scores, Olaf Manufacturing performed best among the three companies. It should be chosen. To obtain the weighted scores for each company, the scale it obtains under each dimension is multiplied by the importance of the dimension. This is done for each dimension and each company before the total weighted scores are obtained and the company with the highest score is adjudged the winner.
what Is quality Control
Answer:
a system of maintaining standards in manufactured products
You want to learn more about how to align individual employee's goals with the overall organization's goals. which HRM function covers your concerns
Answer:
The HRM (Human Resources Management) function that covers concerns about how to align individual employee's goals with the overall organization's goals is:
Performance management.
Explanation:
In Human Resource Management (HRM), there are various functions dealing with Human resource planning, Recruitment and selection, Performance management, Learning and development, Career planning. The performance management unit ensures that individual employee's goals are aligned with the overall goals of the organization in order to achieve organizational success. The performance management function helps HR managers to establish, agree, and marry the goals of employees with organizational performance expectations.
The following costs were for Optimal View Inc., a contact lens manufacturer: Output Fixed Cost Variable Cost Total Costs 270 $ 5,300 $ 10,000 $ 15,300 320 5,300 12,000 17,300 370 5,300 14,000 19,300 420 5,300 16,000 21,300 At an output level of 500 lenses, per unit total cost is projected to be:
Answer:
Per unit total cost $49.00
Explanation:
The per unit total cost is as follows;
Particulars Total Costs Output
High level $21,300 420
Low level $15,300 270
Difference $6,000 150
Unit variable cost 40 ($6000 ÷ 150)
Fixed cost $4,500 ($21,300 - (420 × 40) )
Total cost at 500 lenses $24,500 ($4,500 + (500*40))
Per unit total cost $49.00 ($24,500 ÷ 500)
GROCERY STORE PROBLEM: A local grocery store faces demand for one of its items at a constant rate of 20,000 boxes per year. It costs them $5 to process an order and $0.50 per box per year to carry the item in stock. The stock is received three working days after an order is placed. Assume 250 working days in a year and no backordering. What is the demand during lead time assuming that there is no variability
Answer: 240
Explanation:
The following information can be gotten from the question:
Annual demand (D)= 20000
Daily demand (d) = 20000 / 250 = 80
Ordering cost (S) = 5
Holding cost (H) = 0.5
Lead time (L)= 3 days
The demand during lead time would be gotten by multiplying the daily demand by the lead time. This would be:
= 3 × 80
= 240