Think about a recent order you made (pizza, book, clothes, shoes, etc) online or over the phone. Describe the processes used in taking an order, filling the order, and receiving payment. Create a flowchart showing the steps used. Then, create a second flowchart indicating where you would recommend improvements to the processes and why.
Answers
Answer:
Attached below is the required flowchart
Explanation:
Process used in placing an order
Registration/signing up of user selection of goods by userProcess for filing the Order
picking the exact quantity and type of goods placing order on selected items checking outprocess for receiving payment
Paying for goods that are Pay before delivery Cancellation of order incase order was not fulfilled
Related Questions
The Internal Revenue Service Department of Tax Regulations writes regulations in accord with laws passed by Congress. On average, the department completes 300 projects per year. The Wall Street Journal reported that, as of October 11, 1997, the number of projects "on the Department’s plate" was 588. Nevertheless, the department head claimed that average time to complete a project was under six months. Do you have any reason to disagree? Why or why not?
Answers
Answer:
The IRS's claim (that the average time it takes to complete a project is < 6 months) is wrong. It takes the Department 23.52 months to complete a project.
Explanation:
a) Data and Calculations:
Number of projects "on the Department’s plate" (I) = 588 Projects
Average projects completed per year (R) = 300 Projects
Therefore, the flow time (the average time to complete a project by the department), T, = I / R
= 588 / 300 = 1.96 years = 1.96 X 12 = 23.52 months
b) The steps to calculate flow time (the amount of time a flow unit spends in a business process from beginning to end) are given as:
1. The number of projects handled over a period of time.
2. Let R = the number of units produced / duration of time period .
3. Compute the average inventory (I).
4. Compute flow time T =I/R.
During 2020, Mike's current FICA taxable is $2,700 and will not change for the remainder of the year. As of the 48th pay, he had earned $134,400 as FICA taxable income (he had a bonus earlier in the year). Determine the amount of FICA taxes to be withheld from the next three payroll periods.
Answers
Answer:
Social Security:
Week 49 = $167.4
Week 50 = $37.20
Week 51 = $0
Medicare Tax:
Week 49 = $39.15
Week 50 = $39.15
Week 51 = $39.15
Explanation:
Note: This question is not complete. But I have found similar question on the internet and in that question we are asked to assume the Tax Caps 2020. So, we will solving this question accordingly.
Solution:
According to 2020 slabs Social Security W/H, the upper limit is $137,700, after this amount employer will not withhold social security tax.
On the other hand, there is no limit for Medicare Tax.
According to the question, we know that, Mike's Pay period per amount = $2700.
And, until 48th pay, he has earned $134,400
So,
For week 49, the amount of 2700 will be added to the net amount.
$134,400 + $2700 = $ 137,100
Hence, it does not breach the upper limit so, it will be taxed to $2700 only.
%6.2 x 2700 = $167.4
For Week 50, now the net amount is $ 137,100, and further $2700 will definitely breach the upper limit by $600.
$ 137,700 - $137,100 = $600
So, the $600 will be taxed for 6.2%
6.2% x $600 = $37.20
For week 51, there is clear breach of the upper limit, so according to the 2020 slab for social security, there will be no social security tax over the limit of $137,700. Hence, it will be 0.
Now, for Medicare Tax:
There is no limit.
And 1.45% on the FICA.
FICA earned per period = $2700
Hence,
1.45% x $2700 = $39.15 for each week.
So,
Social Security:
Week 49 = $167.4
Week 50 = $37.20
Week 51 = $0
Medicare Tax:
Week 49 = $39.15
Week 50 = $39.15
Week 51 = $39.15
Flax Corp. uses the direct method to prepare its Statement of Cash Flows. Flax's trial balances at December 31, 20X4 and 20X3, are as follows: December 31 20X4 20X3 Debits: 33,000 30,000 Cash $35,000 $32,000 Accounts receivable 33,000 30,000 Inventory 31,000 47,000 Property, plant, & equipment 100,000 95,000 Unamortized bond discount 4,500 5,000 Cost of goods sold 250,000 380,000 Selling expenses 141,500 172,000 General & administrative expenses 137,000 151,300 Interest expense 4,300 2,600 Income tax expense 20,400 61,200 $756,700 $976,100 Credits: Allowance for uncollectible accounts $1,300 $1,100 Accumulated depreciation 16,500 15,000 Trade accounts payable 25,000 17,500 Income taxes payable 21,000 27,100 Deferred income taxes 5,300 4,600 8% callable bonds payable 45,000 20,000 Common stock 50,000 40,000 Additional paid-in capital 9,100 7,500 Retained earnings 44,700 64,600 Sales 538,800 778,700 $756,700 $976,100 Flax purchased $5,000 in equipment during 20X4. Flax allocated one-third of its depreciation expense to selling expenses and the remainder to general and administrative expenses. What amounts should Flax report in its Statement of Cash Flows for the year ended December 31, 20X4, for cash paid for goods to be sold?
Answers
Answer:
the cash paid for goods to be sold is $226,500
Explanation:
The computation of the cash paid for goods to be sold is shown below:
= Cost of goods sold + Opening trade account payable - closing trade account payable + closing inventory - beginning inventory
= $250,000 + $17,500 - $25,000 + $31,000 - $47,000
= $226,500
Hence, the cash paid for goods to be sold is $226,500
Your farm encompasses 900 acres, and you are planning to grow soybeans, corn, and wheat in the coming planting season. Fertilizer costs per acre are: $5 for soybeans, $2 for corn, and $1 for wheat. You estimate that each acre of soybeans will require an average of 5 hours of labor per week, while tending to corn and wheat will each require an average of 2 hours per week. Based on past yields and current market prices, you estimate a profit of $9,000 for each acre of soybeans, $6,000 for each acre of corn, and $3,000 for each acre of wheat. You can afford to spend no more than $5,400 on fertilizer, and your farm laborers can supply 5,400 hours per week. How many acres of each crop should you plant to maximize total profits
Answers
Answer:
Using solver, the optimal solution = 900 acres of soybean resulting in $8,100,000 profit
Explanation:
you need to maximize 9000S + 6000C + 3000W
where:
S = acres of soybean
C = acres of corn
W = acres of wheat
constraints:
S + C + W ≤ 900
5S + 2C + 1W ≤ 5400
5S + 2C + 2W ≤ 5400
S, C, W ≥ 0
S, C, W are whole numbers
Using solver, the optimal solution = 900 acres of soybean resulting in $8,100,000 profit
f the U.S. government were to ban imports of Canadian beef for reasons unrelated to health concerns, what would be the effect on the price of beef in the United States? How would the typical American’s diet change? What if the ban suggested to consumers that there might be health risks associated with beef?(Hint: Again, think about which curve(s) will shift and what would be the effect on price and quantities.)
Answers
Answer:
Following are the steps to the given question:
Explanation:
In step 1:
When the Us administration prohibits beef imports through Canada for health reasons, therefore the import and export of beef would affect beef availability, thereby dropping the cost of beef on an Us market, which will also raise.
In step 2:
Its impact on beef consumption would be less required mostly on the U.S. market as well as the degree for effective change depended on relative prices of beef consumption even Among consumers. If this is costly, then citizens may replace this with a lower-price substitute.
In step 3:
In Canada, the beef manufacturers have acquired beef stocks and therefore are selling in the Canadian market at a low price. If beef-related health effects are listed among explanations because of its ban this will deter consumers from eating very little on excess supply but will reduce demand by as much as previously.
You will receive $5,000 one year from now, 6000 three years from now, and 7000 five years from now in real terms. Each payment will be received at the end of the period with the first payment occurring one year from today. The relevant nominal discount rate is 9.625 percent and the inflation rate is 2.3 percent. What are your winnings worth today in real dollars
Answers
Answer:
$14,495.56
Explanation:
The value of the earnings today can be determined using a financial calculator.
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow in year 1 = $5,000
Cash flow in year 2 = 0
Cash flow in year 3 = $6,000
Cash flow in year 4 = 0
Cash flow in year 5 = $7,000
I = 7.16%
PV =
According to the fisher equation : (1 + nominal interest rate) = (1 + real interest rate) x (1 + inflation rate)
(1.09625) = (1 + real interest rate) x (1.023)
(1 + real interest rate) = 1.09625 / 1.023
real interest rate = 7.16%
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Revenue from a contract with a customer cannot be recognized until a contract exists. is recognized even if the contract is still wholly unperformed. can be recognized even when a contract is still pending. is recognized when the customer receives the rights to receive consideration
Answers
Answer:
cannot occur until a contract exists.
Explanation:
Revenue according to GAAP Definition is simply said to be increase or decrease of asset and/or combination of both by production or goods delivery, or offering services that are all about a major running operations. Revenue Recognition also according to GAAP is the Revenue is known(recognize) when it has been realized and earned.
SEC Criteria to Recognize Revenue are the evidence of an arrangement exists, Goods Delivered or Services Rendered and others.
Revenue from a contract with a customer cannot be recognized until a contract exists which form the beginning of the contract.
Using the information presented above, determine the following: Determine EPS for Net Income ('x2) $_____________________ (Round your answer to the nearest whole cent. Example: if you determine EPS from Net Income to be $6.94724, round your answer to 6.95. If you determine EPS from Net Income to be $6.94321, round your answer to 6.94. Do not use dollar signs in recording your answer.)
Answers
Question Completion:
Income Before Taxes (from ongoing operations) $2,470,000
Income Tax Rate (’x2) 30%
5% Preferred Stock ($100 Par, 10,000 shares issued)
Common Stock ($1 par, 600,000 shares issued, 500,000 outstanding)
Answer:
The company's EPS is:
= 3.46
Explanation:
a) Data and Calculations:
Income Before Taxes (from ongoing operations) (’x2)= $2,470,000
Income Tax Rate (’x2) = (30% * $2,470,000) = $741,000
Net Income after taxes = $1,729,000
5% Preferred Stock ($100 Par, 10,000 shares issued) = $1,000,000
Common Stock ($1 par, 600,000 shares issued, 500,000 outstanding)
Outstanding common stock = $500,000
EPS (Earnings per share) = Net income after taxes/No. of outstanding shares
= $1,729,000/500,000
= $3.458
b) The earnings per share (EPS) equals Company A's net profit after taxes divided by the number of its outstanding common stock shares. Using the EPS, it indicates how much money Company A makes for each share of its stock. As a widely used metric, a potential stockholder of Company A can use it to estimate Company A's value when combined with the price per share.
Columbia Sportswear makes nylon activewear. Its marketing manager set a goal to increase sales 12 percent over the next three years through the introduction of a new line of comfortable, lightweight clothing for people who fish. The marketing manager is engaged in ________.
Answers
Answer:
a) functional planning
Explanation:
The functional planning is the planning that need to be done for each type of department so that the goals and the objectives of the company could be accomplish in a efficient and effective manner
Since in the question it is mentioned that the marketing manager have set a goal to rise the sales by 12% over the next three years so this represent that the manager is engaged in the functional planning
Navistar Electric issued 1000 debenture bonds 2 years ago with a face value of $5,000 each and a bond interest rate of 15% per year payable semiannually. The bonds have a maturity date of 20 years from the date they were issued. If the interest rate in the market place is 10% per year compounded semiannually, determine the present worth today of one bond.
Answers
Answer:
$7,081.25
Explanation:
Face value = 5000
Coupon = 15% paid annually. Semi annual payment = 750/2 = 375
Time to maturity = 18 years
Interest rate = 10% compounded semi-annually
P = 375(P|A, 5%, 36) + 5000(P|F, 5%, 36)
P = 375(16.58131488) + 5000(0.17265193)
P = 6217.99308 + 863.25965
P = 7081.25273
P = $7,081.25
So, the present worth of one bond today is $7,081.25
International monetary analysis focuses on Group of answer choices the international trade side of the international economy. the real side of the international economy. the issues of international cooperation between Central Banks. the monetary side of the international economy, such as currency exchange. the international investment side of the international economy.
Answers
Answer:
the monetary side of the international economy, such as currency exchange.
Explanation:
Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
An exchange rate can be defined as a number used to represent the value of one country's currency in comparison to another.
International monetary analysis focuses on the monetary side of the international economy, such as currency exchange.
Suppose the same facts as above, except that Kimberly-Clark incurred legal fees resulting from the execution of the lease of $5,000, and received a lease incentive from Sheffield to enter the lease of $1,000. How would the initial measurement of the lease liability and right-of-use asset be affected under this situation
Answers
Answer:
Kimberly-Clark
The initial measurement of the lease liability and the right-of-use asset would not be affected under this situation.
Explanation:
a) Data:
Legal fees resulting from the execution of the lease = $5,000
Incentive received from Sheffield to enter the lease = $1,000
b) The legal fees will be expensed, while the lease incentive will be recorded as income. Legal fees paid to professionals for lease agreements can be deducted as operating expenses. In this situation, the legal fees can be reduced by the lease incentive received from the lessor.
The following statements are financial transactions completed by Carver Industries. Identify which financial statement accounts are affected by the transactions.
1. Carver owes one of Its suppliers $120,000 on account for past purchases. Carver sent this supplier $50,000 to pay down the account.
2. Carver has $200,000 of long-term bonds outstanding that pay investors 8% annual interest at the end of the year. Carver has Just made this payment to bond investors.
3. Carver paid $1,500 to the utility company to cover this month's electric bill.
4. Carver issued new long-term bonds at their par value of $300,000 to fund a new Investment project.
5. Carver closed a large sale to a major customer for $200,000, though the Inventory was only valued at $140,000 on the company's balance sheet. The customer paid $70,000 upfront and has agreed to pay the rest of the bill in the next month.
Answers
Answer: See explanation
Explanation:
1. Carver owes one of Its suppliers $120,000 on account for past purchases. Carver sent this supplier $50,000 to pay down the account.
In this case, the account payable will have to be reduced by $50000.
Cash will also decrease by $50000.
2. Carver has $200,000 of long-term bonds outstanding that pay investors 8% annual interest at the end of the year. Carver has Just made this payment to bond investors.
In this case, the interest expnese will increase by := 8% × 200,000
= 0.2 × $200,000
= $16000
Also, the cash will as well decrease by $16000.
3. Carver paid $1,500 to the utility company to cover this month's electric bill.
The operating expenses will have to increase by $1500 while cash will decrease by $1500.
4. Carver issued new long-term bonds at their par value of $300,000 to fund a new Investment project.
There'll be an increase of $300,000 in the long term liabilities. Cash will also increase by $300,000
5. Carver closed a large sale to a major customer for $200,000, though the Inventory was only valued at $140,000 on the company's balance sheet. The customer paid $70,000 upfront and has agreed to pay the rest of the bill in the next month.
In this case, there'll be an increase in the sales revenue by $200000.
Increase in cash by $70000
Increase in the account receivable by $130000
Decrease in the inventory by $140000
Increase in the cost of goods that are sold by $140000.
All of the following pairs of goods are substitutes except A. we observe the price of automobiles decreases and the demand for public transit decreases. B. we observe the price of bacon increases and the demand for eggs decreases. C. we observe the price of coffee increases and the demand for tea increases. D. we observe the price of tennis racquets decreases and the demand for golf clubs decreases.
Answers
Answer:
Option B: We observe the price of bacon increases and the demand for eggs decreases.
Explanation:
Substitute goods are a defined as goods that has near or a close replacement for each another that is the increase in price leads to an increase in demand for the goods. In substitute goods, price of one good and the quantity demanded of a related goods move in different (opposite) directions. Thus the answer of bacon and egg are as two goods are not substitutes.
A Common example of Substitute Goods includes; margarine and butter, turkey and chicken e. t. c.
11. King Arthur is going into battle and he needs to decide how many more swords and helmets he should buy. The tables show the total benefit for swords and helmets. Assume each sword costs two dollars and each helmet costs one dollar. If King Arthur only has $10, how many swords and helmets should he buy to maximize his total benefit
Answers
A couple of generations ago, a relative of John wanted to share her wealth with family members and decided to open a special bank account. The purpose of such financial instrument was to pay out an annuity forever, which would be shared among all family members. Given that the initial deposit was 401,935 dollars and the prevailing interest rate at that time was 5 %, compounded annually, find the value of the annuity this family collects every year. (note: round your answer to the nearest cent, and do not include spaces, currency signs, plus or minus signs, or commas)
Answers
Answer: 20097
Explanation:
Based on the information provided, the value of the annuity this family collects every year will be calculated as:
Present value of annuity will be:
= Annual cash flow × Interest rate
= 401,935 × 5%
= 401935 × 5/100
= 401935 × 0.05
= 20096.75
= 20097
The annuity collected every year will be 20097.
Reeves Co. filed suit against Higgins, Inc., seeking damages for copyright violations. Higgins' legal counsel believes it is probable that Higgins will settle the lawsuit for an estimated amount in the range of $170,000 to $270,000, with all amounts in the range considered equally likely. How should Higgins report this litigation
Answers
Answer:
As a liability for the minimum amount of $170,000 along with disclosure of the range
Explanation:
Based on the information given Higgins should report this litigation as a LIABILITY for the amount of $170,000 along with disclosure of the range reason been that we were told he will settle the lawsuit with an amount in the range of $170,000 to $270,000 in which all the amounts in the range are considered to be both equally likely which therefore means that he will have to record the LIABILITY at the amount of $170,000 which is appear to be the minimum amount in the range.
Therefore Higgins should report this litigation As a liability for the minimum amount of $170,000 along with disclosure of the range.
On June 30, Joanna Fabrics has the following data pertaining to the retail inventory method. Goods available for sale: at cost $38,000; at retail $50,000; net sales $40,000; and ending inventory at retail $10,000. Compute the estimated cost of the ending inventory using the retail inventory method. The estimated cost of the ending inventory
Answers
Answer: 7600
Explanation:
The estimated cost of the ending inventory would be calculated as thus'
First, we have to calculate the cost to retail percentage which will be:
= cost/retail price
= 38000/50000
= 0.76
The cost of sales would be:
= net sales × cost to retail percentage
= 40000 × 0.76
= 30400
Then, the ending inventory would then be:
= 38000-30400
= 7600
The estimated cost of the ending inventory is $7,600.
First step
Cost to retail percentage= Cost/Retail price
Cost to retail percentage = 38000/50000
Cost to retail percentage = 0.76
Second step
Cost of sales= Net sales × Cost to retail percentage
Cost of sales= 40000 × 0.76
Cost of sales= 30400
Third step
Estimated cost of ending inventory=38,000-30,400
Estimated cost of ending inventory= 7,600
Inconclusion the estimated cost of the ending inventory is $7,600.
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Kansas Enterprises purchased equipment for $60,000 on January 1, 2021. The equipment is expected to have a five-year service life, with a residual value of $5,000 at the end of five years. Using the double-declining balance method, depreciation expense for 2021 would be:
Answers
Answer:
Annual depreciation= $11,000
Explanation:
Giving the following information:
Purchase price= $60,000
Salvage value= $5,000
Useful life= 5 years
To calculate the depreciation expense under the double-declining balance method, we need to use the following formula:
Annual depreciation= 2*[(book value)/estimated life (years)]
Annual depreciation= (60,000 - 5,000) / 5
Annual depreciation= $11,000
The depreciation expense using the double-declining balance method for 2021 starts from $24,000 and finally in the fifth year the residual value will be left that is $4,666.
What is double-declining method of depreciation?When opposed to straight-line depreciation, which employs the same amount of depreciation each year, the double-declining balance depreciation method technique is an expedited depreciation approach that counts as an expense more quickly.
The formula for depreciation using double-declining depreciation:
[tex]\rm\,Periodic\,Depreciation\,expense= Beginning\,book\,value\times\,Rate\,of \,depreciation.[/tex]
[tex]\rm\,Rate\,of\,depreciation= \\\\\ Expense = \(\dfrac{100\%}{Useful\,life\,of\,the\,asset}\times\,2\\\\Expense = \dfrac{100\%}{5}\times\,2\\\\= 40\%[/tex]
The calculation of the depreciation amount for the given case has been attached in the image below.
Hence, Kansas enterprise will have the following depreciation amounts using the double-declining-balance method for the period of 5 years: $24,000,$14,400, $8,640, $5,184, and $3,110 respectively.
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Jordan plans to add a porch to her house. The new 16' 18' porch will cost an average of $27 por square foot. Jorden also plans to have a 15' sidewalk poured. The cost of the sidewalk will be an additional gas per foot. The gate on the parch will cost $500.00 extra. What will the total cost be?
Answers
Question is incomplete as the cost of the sidewalk is not given :
Assume the sidewalk cost an additional $6 per foot.
Answer:
$8366
Explanation:
Given that :
Size of porch = 16 by 18 feets
Area of porch = (16 * 18) = 288 ft²
Cost per ft² = $27
Cost of porch = ($27 * 288) = $7,776
Sidewalk = 15feets
Cost per foot = $6
Cost of sidewalk = ($6 * 15) = $90
Cost of gate = $500
Total cost :
(cost of porch area + side walk + gate)
($7776 + $90 + $500) = $8366
Kindly note that the cost pwr foot of sidewalk was erroneously excluded and the value employed for the cost was only assumed.
Jane James owns an appliance store. She normally receives $50,000 worth of appliances per month. She does not like to owe people money and always pays her bills on the day she receives the invoice. Someone told her that if she delayed payment, she could actually increase her profit because the money would be earning interest in her account. She went through her bills and found that she actually had an additional ten days, on average to pay her invoices. She also found that she was earning 5 percent interest on the money she had in her money market savings account. If she delayed payment by ten days, how much additional interest would she earn for the year
Answers
Answer:
The correct answer is "$820".
Explanation:
Whenever she delays compensation by 10 days a month (even though she receives monthly invoices), she will indeed earn interest for something like a combined amount of 120 days (10 days x 12 months) again for full year of 365 days.
The interest earned will be:
⇒ [tex]50000\times 5 \ percent\times \frac{120}{365}[/tex]
⇒ [tex]50000\times 0.05\times 0.328[/tex]
⇒ [tex]820[/tex] ($)
On September 30, 2021, Athens Software began developing a software program to shield personal computers from malware and spyware. Technological feasibility was established on February 28, 2022, and the program was available for release on April 30, 2022. Development costs were incurred as follows: September 30 through December 31, 2021 $ 2,310,000 January 1 through February 28, 2022 910,000 March 1 through April 30, 2022 510,000 Athens expects a useful life of five years for the software and total revenues of $7,000,000 during that time. During 2022, revenue of $1,050,000 was recognized. Required: Prepare a journal entry in each year to record development costs for 2021 and 2022.
Answers
Answer and Explanation:
The journal entries are shown below:
For 2021
Research and development expense $2,310,000
To Cash $2,310,000
(Being expenses incurred on R&D is recorded)
Here expenses are debited as it increased the expense and credited the cash as it decreased the assets
For 2022
Research and development expense $910,000
Software development expense $510,000
To Cash $1,420,000
(Being expenses incurred is recorded)
Here expenses are debited as it increased the expense and credited the cash as it decreased the assets
1. For financial accounting purposes, what is the total amount of product costs incurred to make 21,750 units
Answers
Answer: $450,225
Explanation:
Product costs = Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead
= (21,750 * 7.80) + (21,750 * 4.80) + (21,750 * 2.30) + (21,750 * 5.80)
= 169,650 + 104,400 + 50,025 + 126,150
= $450,225
You've collected the following information about a company: Assets Liabilities and Equity Cash 13,000 Accounts payable 16,000 Marketable securities 2,000 Notes payable 6,000 Accounts receivable 4,000 Current liabilities Inventory 32,000 Long-term debt 95,000 Current assets Total liabilities Machines 34,000 Paid-in capital 20,000 Real estate 80,000 Retained earnings Fixed assets Equity Total assets Total liab. & equity Attempt 1/10 for 10 pts. Part 1 What are total assets? 165000 Correct ✓ Total assets are the sum of current and fixed assets. Assets Liabilities and Equity Cash 13,000 Accounts payable 16,000 Marketable securities 2,000 Notes payable 6,000 Accounts receivable 4,000 Current liabilities Inventory 32,000 Long-term debt 95,000 Current assets 51,000 Total liabilities Machines 34,000 Paid-in capital 20,000 Real estate 80,000 Retained earnings Fixed assets 114,000 Equity Total assets 165,000 Total liab. & equity Total assets = Current assets + Fixed assets = 51,000 + 114,000 = 165,000
Answers
Answer:
The answer is "$228,000"
Explanation:
Formula:
[tex]\text{Total Assets = Current Assets + Fixed Assets}[/tex]
[tex]= [\$ 13,000 + \$ 2,000 + \$ 4,000 + \$ 95,000] + [\$ 34,000 + \$ 80,000]\\\\= [\$ 114,000] + [\$ 114,000]\\\\= \$ 228,000[/tex]
A company upgraded production machinery to collect data about the fit tolerance for assembled parts of each unit produced along with environmental data such as machine temperature, parts temperature, ambient air temperature, humidity, and atmospheric pressure. Before the upgrade, only fit tolerance data was collected. The upgrade represents an increase in
Answers
Answer: Data variety
Explanation:
Based on the information provided in the question, the answer is Data Variety. Data variety has to do with the diversity of data with regards to its collection.
This can be seen from the question where we are told that only the data for fit tolerance was collected before the upgrade but the upgrade led to the collection of environmental data as well.
Therefore, the upgrade represents an increase in data variety
When the company collected only the fit tolerance data for the upgrade, the upgrade represents an increase in Data variety
The Data variety refers to the diversity of available data during data collection.
The variety of data may either be structured, unstructured and semistructured that are gathered from different sources.
Here, only the fit tolerance data was collected from the production machinery and used to decide an upgrade on the machine.
Therefore, the Data Variety is correct because its best relates to the increase in machine upgrade.
The missing options Includes "data variety, data velocity, data veracity, data validity"
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On April 11 of the current year, Zack Corporation had a market price of $48 per share of common stock. Its par value was $10 per share. For the previous year, Zack paid an annual dividend of $3.90 per share. Zack's gross revenues and net income was $5,000,000 and $2,500,000, respectively. The dividend yield for Zack Corporation would be:_________a) 8%.b) 0.8%.c) 39%.d) None of these choices are correct.
Answers
Answer:
8%
Explanation:
Dividend yield is a measure of business performance, used by investors which compares dividend paid by a stock to its market share.
Given the above information,
Dividend yield = $3.90/$48 × 100 = 8.13%
Universal Containers is rolling out a new customer service process. Customer service managers will need to edit cases for their subordinates, but not cases for other groups. Managers and users should be able to view all cases. What is the recommended solution to configure this
Answers
Answer:
I. Create standard role hierarchies.
II. Set organization-wide sharing defaults to public read/only.
Explanation:
Workflow management systems can be defined as a strategic software application or program designed to avail companies the infrastructure to setup, define, create and manage the performance or execution of series of sequential tasks, as well as respond to workflow participants. Some examples of workflow management systems used around the world; YAWL, Windows Workflow Foundation, Apache ODE, Collective Knowledge, Workflow Gen, PRPC, Salesforce.com, jBPM, Bonita BPM etc.
In this scenario, Universal Containers is rolling out a new customer service process. Customer service managers will need to edit cases for their subordinates, but not cases for other groups. Managers and users should be able to view all cases. Therefore, the recommended solution to configure this are;
I. Create standard role hierarchies: this is to represent the various end users such as managers and their subordinates.
II. Set organization-wide sharing defaults to public read/only: this settings or feature would make it impossible for any user outside of the group (owner) to edit the cases. They will only be able to view but not modify.
Suppose the price elasticity of demand for cigarettes is -0.8 and that the government can essentially set the price of cigarettes by altering the tax rate. If the government wishes to reduce the quantity of cigarettes demanded by 15 percent, how much must it raise the price of cigarettes? The government, to achieve its goal, must raise the price of cigarettes by nothing percent. (Enter your response rounded to two decimal places.)
Answers
Answer: 18.75%
Explanation:
Price elasticity of demand shows the change in quantity demanded as a result of a change in price.
If the price elasticity is negative, it means that quantity demanded and price move in opposing directions. If prices increase, quantity demanded decreases and vice versa.
Price elasticity of demand = Change in quantity demanded / Change in price
-0.8 = - 15% / x
-0.8x = -15%
x = -15% / -0.8
= 18.75%
New Hampshire adopted a tax law that in effect taxed the income of nonresidents working in New Hampshire only. Austin, a nonresident who worked in New Hampshire, claimed that the tax law was invalid. Was he correct
Answers
Answer:
He was correct. It violates equal protection, as this only applies to non-residents.
Explanation:
From the question we are informed about New Hampshire which adopted a tax law that in effect taxed the income of nonresidents working in New Hampshire only. Austin, a nonresident who worked in New Hampshire, claimed that the tax law was invalid. In this case, He was correct since It violates equal protection, as this only applies to non-residents. Income Tax Act can be regarded as an act that governs tax charged which applies to income of individuals, body of individuals as well as famies. The Section 1 of this Act state that tax is an obligation that needed to be fulfilled to State Inland Revenue Service in as much the the individual resides there.
Beachballs, Inc., expects abnormally high earnings for the next three years due to the forecast of unusually hot summers. After the 3-year period, their growth will level off to its normal rate of 6%. Dividends and earnings are expected to grow at 20% for years 1 and 2 and 15% in year 3. The last dividend paid was $1.00. If an investor requires a 10% return on Beachballs, the price she is willing to pay for the stock is closest to:
Answers
Answer: $36.50
Explanation:
The price she will be willing to be paid according to the Dividend Discount model is calculated by finding the present value of the future dividends and the terminal value.
Dividend year 1 = 1 * (1 + 20%) = $1.20
Dividend year 2 = 1.20 * (1 + 20%) = $1.44
Dividend year 3 = 1.44 * (1 + 15%) = $1.656
Terminal value = Dividend in year 4 / (required return - growth rate)
= (1.656 * (1 + 6%)) / ( 10% - 6%)
= $43.884
[tex]Price = \frac{1.2}{(1 + 0.10)} + \frac{1.44}{(1 + 0.10)^{2} } + \frac{1.656}{(1 + 0.10)^{3} } + \frac{43.884}{(1 + 0.10)^{3} }\\\\= 36.4959\\\\= 36.50[/tex]
= $36.50