Answer:
A. There is no change in real output
B. There is a change of $80,000,000 in the real output.
Explanation:
A. With regards to the question, the output being referred to is the gold amount produced in an imaginary situation.
Sales revenue for the first year is $80,000,000 and it doubled to $160,0000 the following year and the next. Since there is 100% increase in the price of gold over same period, it therefore means that the 100% price increase results in 100% increase in sales revenue.
The above simply means that the actual output of gold from the mine remains the same
B. Where the price remains the same in a possible scenario, it would then be that to achieve full increment in sales revenue(100%), then the actual output of Glitter Gulch would also change by the full output(100%).
The change in value would be
= $160,000,000 - $80,000,000
= $80,000,000
Research and select an organization that effectively implement the disaster recovery and business continuity plan. Identify the list of activities involved in the process and highlight the significance of this plan to the organization.
Answer:
Cyber net is an IT company which provide internet services to its customers and clients. The company has developed disaster recovery plan to avoid any cyber attack and if it happens than alternative business plan.
Explanation:
Disaster recovery plan is crucial for every business. The companies should develop disaster recovery plan in order to avoid any uncertain situation. The plan includes details of the business risks and possible attacks on the IT system of the business. The plan includes immediate resume of business in case of any uncertain event. It is important part of business continuity plan. The DRP process is complex and technical team is required to create DRP.
6
Marginal Cost of producing Pies
$1.60
$1.40
$1.20
$1.00
Marginal Cost
SO 80
$0.60
$0.40
$0.20
$0.00
O Pies
1 Pies
5 Pies
6 Pies
2 Pies 3 Pies 4 Pies
Quantity Supplied
According to the graph, the marginal cost begins to increase when the producer makes
0
two pies.
three pies
O four pies.
O five pies
Save and Exit
Next
Mark this and return
Submit
Answer: Four pies.
Explanation:
Marginal cost is the additional cost of producing one extra unit of a good or service.
From this graph we see the marginal cost rise when the first pie is produced and then it subsequently decreases as the second and third pie is produced which is where it reaches its lowest point.
From the fourth pie, the marginal cost begins to rise again which means the marginal cost begins to increase when the producer makes four pies.
There are four resources and four jobs to be done. Assume there must be one-to-one matching between jobs and resources. The time required for each resource to do each job is as follows:
Job (Hours)
Resource A B C D
1 5 8 7 7
2 4 9 5 9
3 6 9 8 7
4 7 6 6 9
What is the optimal assignment of resources to jobs?
Multiple Choice
1 to A; 2 to C; 3 to B; 4 to D
1 to B; 2 to D; 3 to C; 4 to A
1 to C; 2 to B; 3 to A; 4 to D
1 to D; 2 to B; 3 to C; 4 to A
1 to A; 2 to C; 3 to D; 4 to B
Answer:
1 → A ; 2 → C ; 3 → D ; 4 → B
Explanation:
From the given information, the table can be better structured as follows:
Job (Hours)
Resource A B C D
1 5 8 7 7
2 4 9 5 9
3 6 9 8 7
4 7 6 6 9
From the table, the allocation of resources is based on the minimum number of jobs i.e. time(hours) required to do all four tasks appropriately.
These are 1 → A ; 2 → C ; 3 → D ; 4 → B
Then, the time taken by this process is = (5 + 5 + 7 + 6)
= 23 hours
Which option identifies the process described in the following scenario? In rural Pennsylvania, a farmer joins a local cooperative to purchase seeds and sell his crops through the Co-op.
- vertical consolidation
- supply chain
- genetic engineering
- horizontal consolidation
Answer:
genetic engineering.supply chain
Sally received $78,300 of compensation from her employer and she received $540 of interest from a corporate bond. What is the amount of Sally's gross income from these items?
Answer: The amount of sally's gross income from these items is $78,300
Explanation:
Information provided from the question;
Amount received from employer as compensation = $78,300
Amount received as interest from a corporate bond = $540
Gross income is defined as the sum of all wages, salaries, profits, interest payments, rents, and other forms of earnings, before any deductions or taxes. However, the interest income earned from municipal bonds is exempted from all federal income taxes regardless of one's tax bracket. Therefore, the amount of Sally's gross income from these items is $78,300
Why might Gross Domestic Product not be the most accurate measure of an economy's health? (Explain at least 3 reasons)
Answer: See explanation
Explanation:
The gross domestic product is the value of an economy's final goods which the economy produces. The reasons why Domestic Product may not be the most accurate measure of an economy's health include:
• It doesn't take into account the value of the works of housewives, volunteers etc.
• The gross domestic product doesn't measure the quality of education that is offered, the children's health, happiness etc.
• GDP takes into consideration the market prices and therefore, activities that are outside the market are left out and not measured.
What is the relationship of
Stores function and other
departments
Answer:
Explanation:
The store function has the responsibility for the receipt custody and distribution of stocks and for the determination of appropriate quantities and qualities of material to be held since order that operational needs, may be in an economic possible therefore, store management can become an important tool. Therefore,every department in a store is supposed to work together to get sales. Managers of each department should work together to ensure each department is staffed and there is enough products.
If you found my answer useful then please mark me brainliest....
In the current year, Wilson Enterprises, a calendar year taxpayer, suffers a casualty loss of $90,000. The casualty was attributable to a Federally declared disaster. How much of the casualty loss will be deductible by Wilson under the following circumstances?
Required:
a. Wilson is an individual proprietor and has AGI of $225,000. The casualty loss was a personal loss, and the insurance recovered was $50,000 before any limitations. Wilson can claim a casualty loss as an itemized deduction of $_________
b. Assume Wilson is a C corporation, and the insurance recovered was $50,000 before any limitations Wilson can deduct $________
Answer:
Items Amount
a. Loss 90000
Less: Insurance Recovery 50000
Loss after Insurance reimbursement 40000
Less : Single event Deduction 100
Loss after $ 100 rule 39900
Less: 10%*225000(AGI) 22500
Casualty loss deduction $17,400
So, the casualty loss deductible by Wilson = $17,400
b. Wilson is a corporation, and the insurance recovered was $50,000. As the casualty loss is a personal loss, no deduction is available to Wilson Corporation . So,casualty loss deductible by Wilson = $0.
The number of levels and managers
an organization has is determined
by_____
= Formalization
Explanation:
it is called Formalization
hahahahahahahahaha
During 2018, Raines Umbrella Corp. had sales of $810,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $580,000, $90,000, and $135,000, respectively. In addition, the company had an interest expense of $91,000 and a tax rate of 21 percent. (Ignore any tax loss carryforward provisions and assume interest expense is fully deductible.) Suppose the company paid out $55,000 in cash dividends. If net capital spending and net working capital was zero, and if no new stock was issued during the year, what is the net new long-term debt
Answer:
$6,000
Explanation:
The computation of the net new long term debt is as follows:
But before that following calculations to be done:
Sales $810,000
Less: COGS ($580,000)
Less: S&A Expenses ($90,000)
Less: Depreciation ($135,000)
EBIT $5,000
Less: Interest ($91,000)
Taxable Income ($86,000)
Less: Taxes(21%) $0
Net Income(loss) ($86,000)
Now
OCF = EBIT + Depreciation - Taxes
= $5,000 + $135,000 - $0
= $140,000
Change in NWC = Net capital spending = Net new equity = 0
Cash flow from assets = OCF - Change in NWC - Net capital spending
= $140,000 - $0 - $0
= $140,000
Cash flow to stockholders = Dividends - Net New Equity
= $55,000 - $0
= $55,000
Cash flow to creditors = Cash flow from assets - Cash flow to stockholders
= $140,000 - $55,000
= $85,000
Cash flow to creditors = Interest - Net new LTD
$85,000 = $91,000 - Net new LTD
So,
Net new LTD is
= $91,000 - $85,000
= $6,000
Marketers can use to link the virtual world of online social networking with the
physical world of retail stores.
Why is it important for the business owner to
understand the market they are selling to?
Answer:
So they can advertise to the correct demographic
Explanation:
Alice lived with her parents in F-2 immigration status in the United States from August 2010 to June 2012. She returned to the U.S. to attend college in F-1 immigration status on May 1, 2019. Alice does not need to file Form 8843 for 2020.
A. True
B. False
Answer:
B. False
Explanation:
According to the rules guiding the F-1 visa holders, all "non-residents for tax purposes are required to file Form 8843."
So Alice entering into the U.s with F-1 status implies that she'll be treated as a "non-resident", therefore she would need to file Form 8843 for 2020.
He's a cat in boots and he don't wear socks but he does his little business in a litter box yes his little business in a litterrrr boxxxxx his business that I will not dicuss (might not know where this is from )
Answer:
what the heck is this?? lol
Explanation:
Identify the items/accounts from the following list that are likely to serve as source documents.
a. Sales ticket
b. Trial balance
c. Balance sheet
d.Telephone bill
e. Invoice from supplier
f. Company revenue account
g. Income statement
h. Bank statement
i. Prepaid insurance
Answer and Explanation:
The following are the items that considered as a source documents
a. sales ticket
b. Telephone bill
c. Invoice from supplier
d. The bank statement
These four items would be classified as source documents
Basically the source document is the information that used as a source for recording the accounting entries either in electronic form or in paper form
The following data is from Netflicks Company for 2020.
Sales revenue $96,000
Beginning inventory 12,800
Purchases 64,000
For each separate case a through e, estimate ending inventory.
a. Markup is 50% on cost. ?
b. Markup is 60% on sales. ?
c. Markup is 25% on cost. ?
d. Markup is 40% on sales. ?
e. Markup is 60% on cost. ?
Answer:
a. $12,800
b. $38,400
c. $0
d. $19,200
e. $16,800
Explanation:
Given the following;
Sales revenue $96,000
Beginning inventory $12,800
Purchases $64,000
Recall that
Opening inventory + purchases - sales = closing inventory
Also;
a. If Markup is 50% on cost, let the cost of the items sold be T then
50% * T + T = 96,000
1.5T = 96,000
Divide both side by 1.5
T = $64,000
Hence the closing inventory Y may be derived as
Y = 12800 + 64000 - 64000
Y = $12,800
b. If Markup is 60% on sale, let the cost of the items sold be T then
T = $96,000 - (60% * $96,000)
= $96000 - $57600
= $38400
Ending inventory Y = 12800 + 64000 - 38400
Y = $38,400
c. If Markup is 25% on cost, let the cost of the items sold be T then
25% * T + T = 96,000
1.25T = 96,000
Divide both side by 1.25
T = $76,800
Hence the closing inventory Y may be derived as
Y = 12800 + 64000 - 76800
Y = 0
This means all items were sold.
d. If Markup is 40% on sale, let the cost of the items sold be T then
T = $96,000 - (40% * $96,000)
= $96000 - $38400
= $57600
Ending inventory Y = 12800 + 64000 - 57600
Y = $19,200
e. If Markup is 60% on cost, let the cost of the items sold be T then
60% * T + T = 96,000
1.6T = 96,000
Divide both side by 1.6
T = $60,000
Hence the closing inventory Y may be derived as
Y = 12800 + 64000 - 60,000
Y = $16,800
Comment with your agreement or disagreement (and why) on the following quote; include in your answer a discussion of what the CEO’s role should be in setting ethical standards and in enforcing ethical behavior: ""Value statements serve as a cornerstone for culture building; a code of ethics serves as a cornerstone for developing a corporate conscience.""
Answer:
agreed
Explanation:
In simple words, the modern business environment is such that an unethical firm will not survive for long in the market. Thus, it is mandatory for firms to be ethical in every way. A CEO of a company represents the company and can considerations the face of the entity, thus, his or her authority obliges him or her to act and make others act in an ethical manner.
The value statements and code of ethics should be considered as must for the operative activities as it serves as a code of conduct for followers.
The Keynesian analysis of
aggregate demand indicates that a
decline in the price level causes:
Select one:
a. an increase in the real money
supply, a decline in interest rates,
an increase in investment
spending, and an increase in
aggregate output demanded.
b. a decline in the real money
supply an increase in interest
rates, a decline in investment
spending, and a decline in
aggregate output demanded.
c. a decline in the real money
supply, a decline in interest rates,
an increase in investment
spending, and an increase in
aggregate output demanded
d. an increase in the real money
supply, an increase in interest
rates, a decline in investment
spending and a decline in aggregate output demanded
= an increase in the real money
supply, a decline in interest rates,
an increase in investment
spending, and an increase in
aggregate output demanded.
The Keynesian analysis indicates that the fall in price level causes an increase in the real money supply, a decline in interest rates, an increase in investment spending, and an increase in aggregate output demanded.
What is an aggregate demand?
This refers to the total amount of demand of all goods and services produced in an economy.
The Keynes's theory asserts that the aggregate demand helps in measurement of spending by households, businesses, government etc
However, the analysis depicts that an increase in the real money supply, a decline in interest rates, an increase in investment spending, and an increase in aggregate output demanded.
Therefore, the Option A is correct.
Read more about aggregate demand
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'Structural unemployment arises from longer term changes in
the demand for and supply of labour in specific industries?
Select one:
True
False
= False
Answer:
It’s False
Explanation:
Paragraphs in a business email should be 20 to 40 words long. True False
Following are selected income statement and balance sheet data for companies in different industries.
$ millions Sales Cost of Gross profit Net income Assets Liabilities Equity
goods sold
Harley- $ 5,342 $ 3,302 $ 2,040 $ 960 $ 5,255 $2,171 $ 3,084
Davidson
Nike, Inc. 13,740 7,624 6,116 1,212 8,794 3,149 5,645
Starbucks 6,369 2,605 3,764 494 3,514 1,423 2,091
Corp.
Target 51,271 34,927 16,344 2,408 34,995 20,790 14,205
Corp.
a) Compute the following ratios for each company. Round all answers to one decimal place (percentage answer example: 0.2345 = 23.5%). Note: The liabilities to stockholders' equity ratio should not be converted into a percentage answer (round answers to one decimal place, for
Company Gross Profit/ Net Income/ Net incom/ Liabilities/
sales sales Equity equity
Harley-Davidson
Nike, Inc.
Starbucks Corp.
Target Corp.
(b) Which of the following statements about business models best describes the differences in gross (and net) profit margin that we observe?
a. The higher gross profit companies are typically those that have some competitive advantage that allows them to charge a market price for their products that cannot be easily competed away.
b. The lower gross profit companies are those that can manufacture their products at the lowest cost.
c. The higher gross profit companies are those that sell the highest unit volumes.
d. The lower gross profit companies are those that charge a higher price for their products.
Answer:
Which of the following statements about business models best describes the differences in gross
a.The higher gross profit companies are typically those that have some competitive advantage that allows them to charge a market price for their products that cannot be easily competed away
Explanation:
Sales Cost Gross profit Net In.Assets Liabilities Equity
Harley- 5,342 3,302 2,040 960 5,255 2,171 3,084
Nike, 13,740 7,624 6,116 1,212 8,794 3,149 5,645
Starbucks6,369 2,605 3,764 494 3,514 1,423 2,091
Target 51,271 34,927 16,344 2,408 34,995 20,790 14,205
Gross Profit Harley- 38.2% Net Income Harley- 18.0%
Nike, 44.5% Nike, 8.8%
Starbucks 59.1% Starbucks 7.8%
Target 31.9% Target 4.7%
Liabilities Harley- 0.70 ROE Harley- 1.7
Nike, 0.56 Nike, 2.4
Starbucks 0.68 Starbucks 3.0
Target 1.46 Target 3.6
a.The higher gross profit companies are typically those that have some competitive advantage that allows them to charge a market price for their products that cannot be easily competed away.
Wanda Company produces its finished product in two processing departments--Mixingand Finishing. The following information is available for the month of March:
Mixing Department:
The beginning work in process inventory was $17,130 ($14,880 direct materials and $2,250 converion costs) and consisted of 1.200 units.
During March, an additional 10.600 units were started into production. A total of 10.900 units were completed and transferred out to the Finishing Department.
The ending work in process inventory consisted of 900 units which were 80% complete as to conversion costs.
The following costs were incurred during March: direct materials $132,620; direct labor $140, 000; and overhead costs $101,770.
Direct materials are added at the beginning of the process in the Mixing Department and conversion costs are incurred evenly throughout the process.
Finishing Department:
The beginning work in process inventory was $57,210 ($44,250 transferred-in costs and $12,960 conversion costs) and consisted of 600 units.
During March, a total of 11.000 units were completed and transferred out to Finished Goods Inventory.
The ending work in process inventory consisted of 500 units which were 40% complete as to conversion costs.
The following costs were incurred during March: direct materials $143,000; direct labor $250, 000; and overhead costs $149.200.
Direct materials are added at the end of the process in the Finishing Department and conversion costs are incurred evenly throughout the production process.
Required:
a. Prepare a production report for March for the Mixing Department.
b. Give the general journal entry to record the transfer of the completed units from the Mixing Department to the Finishing Department for March.
c. Prepare a production report for March for the Finishing Department.
d. Give the general journal entry to record the completion of the units in the Finishing Department for March.
e. Draw the Work-in-Process Inventory T-accounts for the Mixing Department and the Finishing Department and enter the appropriate cost flow account data.
f. Why is computing cost of goods sold problematic in a process costing environment?
Answer:
Part a
Production report for March for the Mixing Department
Units Costs
Input
Opening Inventory 1.200 $17,130
Started during the period 10.600 $374,390
Total 11.800 $391,520
Output
Completed and transferred 10.900 $365,150
Ending Work In Process 900 $26,370
Total 11.800 $391,520
Part b
Debit : Work in Process - Finishing Department $365,150
Credit : Work in Process - Finishing Department $365,150
Part c
Production report for March for the Finishing Department
Units Costs
Input
Transferred 10.900 $365,150
Opening Inventory 600 $57,210
Started during the period 0 $542,200
Total 11.500 $964,560
Output
Completed and transferred 11.000 $933,130
Ending Work In Process 500 $31,375
Total 11.500 $964,560
Part d
Debit : Finished Goods Inventory $933,130
Credit : Work In Process - Finishing Department $933,130
Part e
Work-in-Process Inventory T-accounts for the Mixing Department
Units Costs
Debit
Opening Inventory 1.200 $17,130
Cost incurred 10.600 $374,390
Total 11.800 $391,520
Credit
Completed and transferred 10.900 $365,150
Ending Work In Process 900 $26,370
Total 11.800 $391,520
Work-in-Process Inventory T-accounts for the Finishing Department
Units Costs
Debit :
Transferred 10.900 $365,150
Opening Inventory 600 $57,210
Started during the period 0 $542,200
Total 11.500 $964,560
Credit :
Completed and transferred 11.000 $933,130
Ending Work In Process 500 $31,375
Total 11.500 $964,560
Part f
Cost of Goods Sold is a direct cost related to sale of goods. In process costing it is difficult to accurately value this amount since it contains the average cost. this means that units never sold would have been included in the calculation of the cost of goods sold.
Explanation:
It is important to first calculate the equivalent cost unit in each department to be able to solve the question. Calculations of equivalent units are shown below :
Mixing Department
Equivalent Units :
Conversion costs = 900 x 80% + 10,900 = 11,620
Material costs = 900 + 10,900 = 11,800
Equivalent Units Costs
Conversion = ($2,250 + $140,000 + $101, 770) ÷ 11,620 = $21.00
Material costs = ($14,880 + $132,600) ÷ 11,800 = $12.50
Finishing Department
Equivalent Units :
Process 1 = 11.000 + 500 = 11.500
Conversion costs = 500 x 40% + 11.000 = 11,200
Material costs = 11.000 + 500 = 11.500
Equivalent Units Costs
Process 1 = ($44,250 + $365,150) ÷ 11.500 = $35.60
Conversion = ($12,960 + $250,000 + $149,200) ÷ 11,200 = $36.80
Material costs = ($0 + $143,000) ÷ 11,500 = $12.43
Assume the economy of Ucheland is currently at full employment. The government of Ucheland reduces the tax rate on household interest earnings.
a. What will happen to private savings in Ucheland?
b. Draw a correctly labeled graph of the loanable funds market, and show the effect of the change in private savings identified in part (a) on the equilibrium real interest rate.
Answer:
a) since the tax rate oh household interest earnings increases, the number of households that will save money will increase, and the households that were already saving money might increase the amount saved. As a result, private savings will increase in Ucheland.
b) see attached image
Until 2002 public accounting firms were self-regulated. Beginning in 2002, public accounting firms auditing SEC registrants became subject to the oversight of which entities?
The correct answer to this open question is the following.
Although there are no options attached, we can say the following.
Until 2002 public accounting firms were self-regulated. Beginning in 2002, public accounting firms auditing SEC registrants became subject to the oversight of the following entity: the Public Company Accounting Oversight Board, also known as PCAOB.
This organization was formed on July 30, 2002, after US Congress passed the Sarbanes-Oxley Act, which became an investor protection Act, generating accountability and transparency when auditing companies after the corruption issues that happened at that time.
US Security and Exchange Commission oversees and has to approve any actions and changes of PCAOB when auditing companies or broker-dealers to present accurate, clear, and transparent reports.
what did andy davis do to change eddies behaviour?
Answer:
The Manager Andy Davis worked hard to improve Eddie's behavior and skills by implanting commitment in improving Eddie through team-based efforts.
Explanation:
Universal Foods issued 12% bonds, dated January 1, with a face amount of $175 million on January 1, 2018. The bonds mature on December 31, 2032 (15 years). The market rate of interest for similar issues was 14%. Interest is paid semiannually on June 30 and December 31. Universal uses the straight-line method.
Required:
a. Determine the price of the bonds at January 1, 2018.
b. Prepare the journal entry to record their issuance by Universal Foods on January 1, 2018, interest on June 30, 2018 and interest on December 31, 2025.
Answer:
Price of bond issued = $20,305,000 + $115,403,700 = $135,708,700
Explanation:
January 1 2018 ,
Investment in Bond issued by Universal Food (Dr.) $155,000,000
Discount on investment in Bonds issued by Universal Foods (Cr.) $19,291,300
Cash (Cr.) $135,708,700
June 30, 2018,
Cash (Dr.) $9,300,000
Discount in Investment in Bonds by Universal Foods (Dr.) $643,043
Interest Revenue (Cr.) $9,943,043
Dec 31, 2025,
Cash (Dr.) $9,300,000
Discount in Investment in Bonds by Universal Foods (Dr.) $643,043
Interest Revenue (Cr.) $9,943,043
Which option identifies the concept represented in the following scenario? Winn-Dixie has acquired the nine Gooding's grocery stores in Florida.
- vertical consolidation
- horizontal consolidation
- oligopolistic consolidation
- monopolistic consolidation
Answer:
oligopolistic consolidation
Answer:
maybe vertical
Explanation:
Financial managers use data prepared by accountants to develop strategies for improving the financial performance of the firm.
a. True
b. False
Answer:
A
Explanation:
What do you think a speaker can do to establish themselves as credibile and trustworthy?
Answer:
Speakers who make direct eye contact with the audience tend to appear as more trustworthy. Delivering speeches fluently by practicing beforehand can enhance a speaker's credibility.
Explanation:
Answer:
Speakers who make eye contact with the audience appear more open, trustworthy, and confident. Even if you are reading from a script or consulting cue cards, look up frequently to maintain your connection with the audience. Speak loudly, clearly, and confidently.
Hope this helps, have a wonderful day/night, and stay safe!
Which of the following statements accurately describe the phases of a business cycle?
A. A contraction phase is when an economy exhibits decreasing levels of production and consumption.
B. A period of expansion is when an economy exhibits decreasing levels of production and spending.
C. A trough occurs at the end of the contraction phase and the beginning of the expansion phase
D. A peak level of business activity occurs at the end of the expansion phase and the beginning of the contraction phase.
Answer:
Option A
Explanation:
In simple words, contraction relates to a period of the market cycle throughout which the market is in recession as a group When the economic cycle rises, a recession usually occurs, just before it reaches a trough. A contraction is triggered by three kinds of occurrences. We are talking of a sharp spike in borrowing rates a banking crash, or uncontrolled inflation . Paranoia and anxiety replace assurance.