What should you do first to best use your personal goals as a means for a promotion

Answers

Answer 1

Answer:

The solution to this question can be defined as follows:

Explanation:

To achieve any goal, first of all, we need to make a quite high range of the ambition and after preparing the ambition we need to get hard work to achieve that goal. we must not be lazy, in another word we can say that laziness will make a boundary, that we can't pass. If we want to get the goal is to be promoted by using personal goals. that's why we suggest that the separate your personal and work goals, and try to work hard to achieve the goal.


Related Questions

Before work can begin on the project, the customer must Group of answer choices sign a contract with the contractor that includes the project start date and payment plan. assess the risks for completing the project on time and reduce the award amount if there is any risk. announce who won the bid for the project so the work can start immediately. contact the contractor and say the project is the winner so the work can start immediately.

Answers

Answer:

sign a contract with the contractor that includes the project start date and payment plan.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.

Hence, before work can begin on the project, the customer must sign a contract with the contractor that includes the project start date and payment plan.

A consulting engineer has been engaged to advise a town how best to proceed with the construction of a 200,000 water supply reservoir. Since only 120,000 of storage will be required for the next 25 years, an alternative to building the full capacity now is to build the reservoir in two stages. Initially, the reservoir could be built with 120,000 of capacity and then, 25 years hence, the additional 80,000 of capacity could be added by increasing the height of the reservoir. Estimated costs are as follows construction cost, and annual maintenance cost, build in 2 stages first stage 120,000 reservoir $14'200,000 $75,000; second stage add 80,000 of capacity $120600,000 and $25,000 additional construction cost build in full capacity now 200,000 reservoir $22'400,000 and $100,000 if the interest is computed at 4%, which construction plan is preferred?

Answers

Answer:

Single stage construction

PW of Cost = $22,400,000 + 100,000(P/A, 4%, 25)

PW of Cost = $22,400,000 + 100,000(15.622)

PW of Cost = $22,400,000 + $1,562,200

PW of Cost = $23,962,200

Tow stage construction

PW of cots = $14,200,000 + $75,000(P/A, 4%, 25) + $12,600,000(P/F, 4%, 25)

PW of cost = $14,200,000 + $75,000(15.622) + $12,600,000(0.3751)

PW of cost = $14,200,000 + $1,171,650 + $4,726,260

PW of cost = $20,097,910

Conclusion: We should choose two stage construction as it has lesser Present worth of cost.

Here we preferred two stage construction as it has lesser Present worth of cost.

Calculation of the selection of the construction plan:

For Single stage construction

PW of Cost = $22,400,000 + 100,000(P/A, 4%, 25)

= $22,400,000 + 100,000(15.622)

= $22,400,000 + $1,562,200

= $23,962,200

Now

For Tow stage construction

PW of cots = $14,200,000 + $75,000(P/A, 4%, 25) + $12,600,000(P/F, 4%, 25)

= $14,200,000 + $75,000(15.622) + $12,600,000(0.3751)

= $14,200,000 + $1,171,650 + $4,726,260

= $20,097,910

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Marigold Corp. applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under- or overapplication of overhead for the period:

Estimated annual overhead cost $1400000
Actual annual overhead cost $1375000
Estimated machine hours 500000
Actual machine hours 490000

a. $1372000 applied and $3000 overapplied
b. $1400000 applied and $3000 overapplied
c. $1372000 applied and $3000 underapplied
d. $1375000 applied and neither under-nor overapplied

Answers

Answer:

World biggest Logic To solve anything

Required information E4-12 and E4-13 Skip to question Bunker makes two types of briefcase, fabric and leather. The company is currently using a traditional costing system with labor hours as the cost driver but is considering switching to an activity-based costing system. In preparation for the possible switch, Bunker has identified two activity cost pools: materials handling and setup. Pertinent data follow: Fabric Case Leather Case Number of labor hours 15,000 8,000 Number of material moves 672 1,428 Number of setups 108 162 Total estimated overhead costs are $393,300, of which $315,000 is assigned to the materials handling cost pool and $78,300 is assigned to the setup cost pool. E4-12 (Algo) Assigning Costs Using Traditional System, ABC System [LO 4-1, 4-3, 4-4, 4-5, 4-6] Required: 1. Calculate the overhead assigned to the fabric case using the traditional costing system based on direct labor hours. 2. Calculate the overhead assigned to the fabric case using ABC. 3. Was the fabric case over- or undercosted by the traditional cost system compared to ABC

Answers

Answer:

1. $256,500

2. $132,120

3. The fabric case is over costed by the traditional cost system compared to ABC

Explanation:

1. Calculation for the overhead assigned to the fabric case using the traditional costing system based on direct labor hours.

Traditional costing

Overhead Assigned under traditional costing = 393,300/(15,000+8,000)*15,000

Overhead Assigned under traditional costing = 393,300/23,000*15,000

Overhead Assigned under traditional costing = $256,500

Therefore the overhead assigned to the fabric case using the traditional costing system based on direct labor hours will be $256,500

2. Calculation for the overhead assigned to the fabric case using ABC.

ABC Costing

First step is to calculate the Material handling rate

Material handling rate = 315,000/(672 +1,428)

Material handling rate = 315,000/2,100

Material handling rate = 150 per move

Second step is to calculate the Setup cost

Setup cost=78,300/(108+ 162)

Setup cost = 78,300/270

Setup cost= 290 per setup

Now let calculate the Overhead assigned to ABC

Overhead assigned to ABC = (672*150)+(108*290)

Overhead assigned to ABC=100,800+31,320

Overhead assigned to ABC=$132,120

Therefore the overhead assigned to the fabric case using ABC will be $132,120

3. Based on the above calculation Fabric case is OVER costed with the amount of $256,500 Under traditional costing system compared to ABC.

A group of middle school students wants to raise money to help build a new school track. They decided to sell donuts before school. Demand is 275 donuts when the donuts are given away free, and the demand drops to 175 donuts when the price is 25 cents per donut. However, the middle school administration is prepared to supply only 150 donuts free of charge but will supply 200 donuts when the price is 50 cents per donut. Assume that the demand and supply functions are both linear functions. What price should the students charge per donut so that there is neither a surplus nor a shortage of donuts

Answers

Answer:

25 cent/donuts

Explanation:

Demand function have these two points (275, 0), (175, 25)

Demand function equation:

y - 25 = [tex]\frac{25 - 0}{175-275}[/tex] (x-175)

-100y + 2500 = (x - 175)

-4y + 100 = x - 175

x + 4y = 100 + 175

x + 4y = 275....................equ 1

Similarly Supply function have these point (150,0), (200, 50)

Supply function equation:

y - 50 = [tex]\frac{50 - 0}{200-150}[/tex](x- 200)

50y - 2500 = x - 200

y - 50 = x - 200

x - y = 200 - 150

x - y = 150

By equation 1 & 2

x + 4y = 275

x - y =  150 ==> x = 150+y

So from equ 1 => x + 4y = 275

=> 150+y+4y = 275

=> 150+5y = 275

=> 5y = 275 - 150

=> 5y = 125

=> y = 25

So, the price that the students should charge per donut so that there is neither a surplus nor a shortage of donuts is 25 cent/donuts

Abigail has just signed a 5-year lease for her new business. The full annual lease amount is due at the beginning of every year and such cash flows have been agreed to be 20,156 dollars now and the subsequent payments to increase by 5% per year until maturity. Given that the prevailing average market interest rate is 8% per year compounded monthly, compute the present value of this financial asset. (note: round your answer to the nearest cent and do not include spaces, currency signs, or commas)

Answers

Answer: $93,088

Explanation:

Rate is compounded monthly which makes it:

= 8% / 12

= 0.6667%

= 0.006667

The payment of $20,156 is to increase yearly at a rate of 5%. Payments are at the beginning of the period so the first payment does not have to be discounted.

[tex]= 20,156 + \frac{20,156 * 1.04}{(1 + 0.006667)^{12} } + \frac{20,156 * 1.04^{2} }{(1 + 0.006667)^{24} } + \frac{20,156 * 1.04^{3} }{(1 + 0.006667)^{36} } + \frac{20,156 * 1.04^{4} }{(1 + 0.006667)^{48} }\\\\= 20,156 + 19,355.65 + 18,587.08 + 17,849.02 + 17,140.27\\\\= 93,088.02[/tex]

= $93,088

What is the present value of the following cash flow stream at a rate of 11.5% per year? Select the correct answer. a. $425.24 b. $419.54 c. $430.94 d. $442.34 e. $436.64

Answers

Answer:

the answer to the question would be E

Indiana Company produces couches. The fixed monthly cost of production is $8,000, and the variable cost per unit is $65. The couches sell for $180 apiece. Answer these questions: 3 points each 1) For a monthly volume of 300 tables, determine the total cost, total revenue, and profit. 2) Determine the monthly break-even volume for Indiana Company.

Answers

Answer: See explanation

Explanation:

1) For a monthly volume of 300 tables, determine the total cost, total revenue, and profit.

Fixed monthly cost = $8000

Variable cost per unit = $65

Selling price = $180 each

Monthly volume = 300

Therefore, the total cost will be

= $8000 + ($65 × 300)

= $8000 + $19500

= $27500

The total revenue will then be:

= Price × Quantity

= $180 * 300 units

= $54000

Total profit will be:

= Sales revenue - Cost

= $54000 - $27500

= $26500

b) Break even volume simply means the volume whereby no profit or loss is incurred. This will be:

= $8000 / ($180 - $65)

= $8000 / $115

= 69.56 units

= 70 units


Which of the following is a reason companies are hiring temporary workers more often than in the past?

A- Temporary employees work harder than permanent employees.

B- Temporary workers are more loyal to the company, thereby making them more productive.

C- Most companies provide temporary workers with very few, if any, benefits.

D- Workers seeking temporary employment are better educated than those seeking permanent employment​

Answers

C temporary workers do not receive any benefits & it save the company money.
the answer for this problem is C

On January 1, 2019, Cullumber Corporation acquired machinery at a cost of $1650000. Cullumber adopted the straight-line method of depreciation for this machine and had been recording depreciation over an estimated life of ten years, with no residual value. At the beginning of 2022, a decision was made to change to the double-declining balance method of depreciation for this machine. Assuming a 30% tax rate, the cumulative effect of this accounting change on beginning retained earnings, is

Answers

Answer:

$0

Explanation:

Since in the given situation there is a depreciation method change i.e. from the straight-line method to double-declining method so there would be no impact restrospectively.

Hence, there would be no cumulative impact as it creates the impact prospectively

So the impact would be zero

1. What information is provided by the budget? Specifically, what questions can the bank manager ask of the Operations Department
manager?
2. What information does the static budget fail to provide? Specifically, could the budget information be presented differently to
provide even more insight for the bank manager?

Answers

Answer:

Some of the information provided by the budget is...

fixed costs - items such as rent, salaries and financing costs

variable costs - including raw materials and overtime

one-off capital costs - purchases of computer equipment or premises, for example

Some interview questions include:

What would you say is your leadership style?

You have an underperforming team member–how do you handle that?

Your team's morale has been low–how would you go about fixing that?

Tell me about a past project that did not go as planned.

2. One key disadvantage of a static budget is that it is not flexible and so it cannot be changed to take advantage of changes in revenue or expenses as the year proceeds. With a static budget, companies cannot manage the impact of changes, for example, by decreasing a portion of the budget in response to slow sales.

Explanation:

Hopefully this helps!


2. What are the advantages/disadvantages of being right-brain thinker in terms of the

capabilities?

Answers

Answer:

The answer is below

Explanation:

Advantages of being a right thinker in terms of the capabilities are:

Such person possesses these abilities:

1. creativity

2. free-thinking ability

3. ability to see the big picture

4. spontaneous ability

5. inclined to visualize the situation.

Disadvantages may include the following

1. Not strong in the area of analytical thinking;

2. Les logical evaluation;

3. less detail- and fact-oriented

numerical

The following trial balance was prepared from the ledger accounts of Ricardo Company: RICARDO COMPANY Trial Balance April 30, Year 2 Account Titles Debit Credit Cash $ 71,900 Accounts receivable 36,000 Supplies 2,400 Prepaid insurance 4,200 Land $ 11,000 Accounts payable 10,200 Common stock 100,000 Retained earnings 29,640 Dividends 8,600 Service revenue 70,000 Rent expense 10,200 Salaries expense 32,700 Operating expense 33,600 Totals $ 199,600 $ 220,840 When the trial balance failed to balance, the accountant reviewed the records and discovered the following errors: The company received $590 as payment for services rendered. The credit to Service Revenue was recorded correctly, but the debit to Cash was recorded as $770. A $1,200 receipt of cash that was received from a customer on accounts receivable was not recorded. A $580 purchase of supplies on account was properly recorded as a debit to the Supplies account. However, the credit to Accounts Payable was not recorded. Land valued at $11,000 was contributed to the business in exchange for common stock. The entry to record the transaction was recorded as a $11,000 credit to both the Land account and the Common Stock account. A $800 rent payment was properly recorded as a credit to Cash. However, the Salaries Expense account was incorrectly debited for $800.

Answers

Question Completion:

Prepare the corrected Trial Balance of Ricardo Company.

Answer:

RICARDO COMPANY

The corrected Trial Balance April 30, Year 2

Account Titles               Debit Credit

Cash                             $ 72,920

Accounts receivable       34,800

Supplies                            2,400

Prepaid insurance            4,200

Land                                 11,000

Accounts payable                          $10,780

Common stock                              100,000

Retained earnings                          29,640

Dividends                        8,600

Service revenue                             70,000

Rent expense                11,000

Salaries expense          31,900

Operating expense     33,600

Totals                      $ 210,420 $ 210,420

Explanation:

a) Data and Calculations:

RICARDO COMPANY

Trial Balance April 30, Year 2

Account Titles                  Debit     Credit

Cash                             $ 71,900

Accounts receivable      36,000

Supplies                            2,400

Prepaid insurance            4,200

Land                                                 $11,000

Accounts payable                            10,200

Common stock                              100,000

Retained earnings                          29,640

Dividends                        8,600

Service revenue                             70,000

Rent expense               10,200

Salaries expense         32,700

Operating expense     33,600

Totals                      $ 199,600 $ 220,840

Cash Account:

Account Titles                  Debit     Credit

Balance                        $ 71,900

Overstated service revenue                 180

Accounts receivable        1,200

Balance                                          $72,920

Totals                           $73,100      $73,100

Balance                       $72,920

Accounts Receivable

Account Titles                  Debit     Credit

Balance                          $36,000

Cash                                                 $1,200

Balance                                         $34,800

Totals                            $36,000 $36,000

Balance                         $34,800

Accounts Payable

Account Titles                  Debit     Credit

Balance                                        $10,200

Supplies                                             580

Balance                        $10,780

Totals                           $10,780  $10,780

Balance                                       $10,780

Land

Account Titles                  Debit     Credit

Balance                                           $11,000

Correction of error      $22,000

Balance                                           $11,000

Totals                           $22,000  $22,000

Balance                         $11,000

Salaries Expense

Account Titles                  Debit     Credit

Balance                      $32,700

Rent Expense                                   $800

Balance                                        $31,900

Totals                        $32,700    $32,700

Balance                     $31,900

Rent Expense

Account Titles                  Debit     Credit

Balance                          $10,200

Salaries Expense                 800

Balance                                          $11,000

Totals                             $11,000   $11,000

Balance                          $11,000

The toy buyer had the option of ordering stuffed animals directly from the manufacturer or from a nearby wholesaler. The manufacturer will not ship orders for less than $1,200 total list price. Delivery typically requires five weeks, and freight averages 2.5% of total billed cost. Trade discounts on this merchandise are 40% and 10%; terms are 2/10, n/30.

A wholesaler, located in the retailer's area, stocks many of the same stuffed animals. He does not require a minimum order and will deliver at no charge in the area if the order has a billed cost of at least $500. The manufacturer and wholesaler base cost on the same list price; however, the wholesaler sells with trade discounts of 40% and 8% and terms of 1/15. n/30.

Required:
What is the difference in the total net cost (including freight) of merchandise with a total list price of $1, 200 from these two vendors?

Answers

Answer:

difference between supplies = $4.68

Explanation:

cost of merchandise from manufacturer if paid within discount period:

$1,200 x (1 - 40%) = $720

$720 x (1 - 10%) = $648

freight cost = $648 x 2.5% = $16.20

discount for early payment = $648 x 2% = $12.96

total cost = $651.24

cost of merchandise from wholesaler if paid within discount period:

$1,200 x (1 - 40%) = $720

$720 x (1 - 8%) = $662.40

discount for early payment = $648 x 1% = $6.48

total cost = $655.92

difference between supplies = $4.68

Cost of merchandise from manufacturer if paid within discount period:

$1,200 x (1 - 40%) = $720 and $720 x (1 - 10%) = $648

Cost of merchandise

Freight cost = $648 x 2.5% = $16.20

Discount for early payment = $648 x 2% = $12.96

Then Total cost is = $651.24

Then the price of merchandise from wholesaler if paid within discount period: $1,200 x (1 - 40%) = $720 and $720 x (1 - 8%) = $662.40

After that discount for early payment is= $648 x 1% = $6.48

Then the full cost is = $655.92

Thus, the right answer is that the difference between supplies = $4.68

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Write a two-page business summary including the following sections:

a. Company introduction (general introduction about the company)
b. Business model (how does this business work and generate profit)
c. The current information systems configuration in this company if applicable
d. The potential opportunities using Information Technologies as a strategic tool for this company
e. The trend in this particular business or industry in terms of Information technologies

Answers

Answer:

The answer is as per the attached document.

Cheers

Which are included in a customer profile?

Select all that apply.

A.)social media messages
B.)socioeconomic status
C.)promotions and prices
D.)attitudinal and behavioral details
E.)marketing strategies
F.)demographic information

Answers

Hey there!

I would say the answers are B, C, F

The others do not seem like something that would be in a customer profile.

Hope it helps and have a great day!

Question Mode Multiple Select Question Select all that apply At the end of the previous year, a customer owed Chocolates R US $500. On January 31 of the current year, the customer paid $900 total, which included the $500 owed plus $400 owed for the current month of January. What would be the journal entry on January 31 that reflects this

Answers

Answer:

January 31

Dr Cash $900.

Cr Service revenue $400.

Cr Accounts receivable $500.

Explanation:

Preparation of the journal entry

Based on the information given What would be the journal entry on January 31 that reflects this are :

January 31

Dr Cash $900.

Cr Service revenue $400.

Cr Accounts receivable $500.

Onisha manages a group of apartment complexes and is trying to create a budget for next year. Below are the monthly expenses for the last three years, in thousands of dollars. Help her by finding the appropriate seasonal indices for April and October.

Year 1 Year 2 Year 3
January 170 180 195
February 180 205 210
March 205 215 230
April 230 245 282.3
May 240 265 290
June 315 330 390
July 360 400 420
August 290 335 330
September 240 260 290
October 240 270 294.8
November 230 255 280
December 195 220 250

Select one:
a. April = 0.24, October = 268.27
b. None of the other options.
c. April = 2.86, October = 1.01
d. April = 0.95, October = 1.01
e. April = 252.43, October = 268.27
f. April = 0.95, October = 22.36

Answers

Answer:

Onisha

The appropriate seasonal indices for April and October are:

d. April = 0.95, October = 1.01

Explanation:

a) Data and Calculations:

            Year 1           Year 2         Year 3     Yearly Averages

January   170               180               195              181.67

February 180              205               210              198.33

March    205               215               230              216.67

April       230               245               282.3          252.43

May       240               265               290              265

June       315               330               390              345

July       360               400               420              393.33

August 290               335                330              318.33

September 240        260               290              263.33

October     240         270               294.8           268.27

November 230         255               280              255

December 195          220               250              221.67

Total average                                              264.92 (31,79.03/12)

         

April = 252.43/264.92 = 0.95

October = 268.27/264.92 = 1.01

b) A season index is defined by the value for the season divided by the seasonal average.

Consider how health insurance affects the quantity of health care services performed. Suppose that the typical medical procedure has a cost of $100, yet a person with health insurance pays only $20 out of pocket. Her insurance company pays the remaining $80. (The insurance company recoups the $80 through premiums, but the premium a person pays does not depend on how many procedures that person chooses to undergo.) Consider the following demand curve in the market for medical care.
1. Based on the given demand and​ supply, the given transportation problem is
________?
2. Before finding the initial​ solution, a dummy_____________ should be introduced.?
3. The total cost of the optimal solution​ =____________?

Answers

Answer:

hello your question has some missing part attached below is the missing demand curve

Answer :

1) the quantity of health procedures Individuals will demand is greater than the optimal quantity ( 20  procedures )

2)  quantity of medical procedure

3) $200

Explanation:

1) Based on the given demand and supply, the given transportation problem is  the quantity of health procedures Individuals will demand is greater than the optimal quantity ( 20  procedures )

2) A dummy quantity of medical procedure should be introduced

3) Total cost of optimal solution

optimal quantity of medical procedure ( Qd) * price of medical procedure(Qp)

= 20 * 100

= $200

Coronado Corporation had income from continuing operations of $10,661,000 in 2020. During 2020, it disposed of its restaurant division at an after-tax loss of $190,500. Prior to disposal, the division operated at a loss of $321,600 (net of tax) in 2020 (assume that the disposal of the restaurant division meets the criteria for recognition as a discontinued operation). Coronado had 10,000,000 shares of common stock outstanding during 2020. Prepare a partial income statement for Coronado beginning with income from continuing operations

Answers

Answer and Explanation:

The preparation of the partial income statement for Coronado beginning with income from continuing operations is presented below:

Income from continuing operations $10,661,000

Discontinued Operations :  

Loss from operations of discontinued restaurant division ($321,600)  

After tax Loss from disposal of restaurant division ($190,500)  

Net Income  $10,148,900

Earning Per Share :  

Income from continuing operations [$10,661,500 ÷  10,000,000] $1.07

Discontinued Operations [$521,100 ÷ 10,000,000]  ($0.05121)

Net Income [$10,148,900 ÷  10,000,000]  $1.01489

Your firm has a credit rating of Baa. You notice that the credit spread for five-year maturity Baa debt is 150 basis points (1.50%). Your firm is issuing a five-year 5% semiannual coupon bond. You see that new five-year Treasury notes are being issued at par with a coupon rate of 3.5%. Should your bond be issued at par, at a discount, or at a premium?

Answers

Answer: Par

Explanation:

The credit spread measures the difference between the risk free rate/ yield for a certain type of security and the yield the security offers.

The credit spread here is 1.50%.

The risk free rate is 3.5%.

The expected yield in the market for the type of security you are issuing is therefore:

= 3.5% + 1.50%

= 5.00%

Your Baa bond is expected to have a yield of 5% which is the coupon rate you are issuing it at.

Bond will therefore be issued at Par which is what happens when the Coupon and the Yield are equal.

Each of the three independent situations below describes a finance lease in which annual lease payments are payable at the beginning of each year. The lessee is aware of the lessor's implicit rate of return.

Situation
1 2 3
Lease term (years) 12 20 4
Lessor's rate of return (known by lessee) 11% 9% 12%
Lessee's incremental borrowing rate 12% 10% 11%
Fair value of lease asset $620,000 $1,000,000 $205,000

Required:
a. Determine the amount of the annual lease payments as calculated by the lessor and above situations.
b. Determine the amount lessee would record as a leased asset and a lease liability for above situations.

Answers

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Answe                                                                                                                            

Explanation:

                                                 

The amount of the annual lease payments as calculated by the lessor and above situations are $86,033.44, $100,501.35, and  $60,261.66 respectively.  The amount lessee would record as a leased asset and a lease liability for above situations are  $620,000, $1,000,000 $205,000 respectively.

What are lease payments?

Lease payments are regular payments made to the lessor, who owns the asset, and the lessee, who will utilize it, as per the conditions of a contract. Before the lessee either returns the object or purchases it outright, the lease payments often continue for a predetermined amount of time.

a)  For Situation 1:

Formula for calculating annual lease payments is:

Annual lease payments = Fair value of assets ÷ Present value for annuity due.

Where,

Fair Value of Assets of the leased asset = $620,000

Lease term = 12 years

Lessor's rate of return = 11%

The present value of annuity due 12 years at the rate of 11% is 7.2065

Putting in the values in the formula we get:

Annual lease payments =  $620,000/7.2065  = $86,033.44

b) Formula for the lease liability = Annual rent payment × present value of annuity due.

Lease liability = $86,033.44 x 7.2065 = $620,000

For Situation 2:

a) The present value of annuity due 20 years at the rate of 9% is 9.9501

Annual lease payments = $100,000/9.9501  = $100,501.35

b) Lease liability = $100,501.35 x 9.9501 = $1,000,000

For Situation 3:

a) The present value of annuity due 4 years at the rate of 12% is 3.4081

Annual lease payments =  $205,000/3.4081  = $60,261.66

b) The lease ability = $60,261.66 x 3.4801  = $205,000

Therefore, the amounts that of the lease payment for the lessor and the lessee is determined above.

To learn more about lease payment, click here:

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Melissa is conducting a survey of our classmates because our teacher wants the class to learn more about hygiene habits Melissa House develop a list of 10 questions

Answers

What’s the question exactly ??

According to the substitution effect of labor supply, when the wage rate goes up: Group of answer choices it becomes more costly to consume leisure, so people will work more. it becomes less costly to consume leisure, so people will work more. the opportunity cost of enjoying leisure goes down. firms will hire more workers since people are more willing to work.

Answers

It becomes more costly to consume leisure—i.e., when wages rise, the cost of not working to earn those higher wages also rises.

According to the substitution effect of labor, firms would hire more workers because people are more willing to work more.

The substitution effect of labor tells us that as income is raised, people would be more willing to give up leisure hours to work more.

This is due to the fact that they would earn more money for the extra hours that they would have spent on leisure.

There would be more willingness to work and the firms would have more people to hire.

Read more on the substitution effect here:

https://brainly.com/question/1319399

When manager Mariah Pitner delivered the company's financial report to local bankers and analysts, she was acting in a(n) _____ role.

Answers

Answer:

When manager Mariah Pitner delivered the company's financial report to local bankers and analysts, she was acting in a(n) _assistant secretary_ role.

Vanessa Kaiser and Mariah Newman decide to form a partnership by combining the assets of their separate businesses. Kaiser contributes the following assets to the partnership: cash, $25,800; accounts receivable with a face amount of $187,600 and an allowance for doubtful accounts of $5,400; merchandise inventory with a cost of $118,900; and equipment with a cost of $175,800 and accumulated depreciation of $58,200. The partners agree that $6,000 of the accounts receivable are completely worthless and are not to be accepted by the partnership, that $5,700 is = reasonable allowance for the uncollectibility of the remaining accounts, that the merchandise inventory is to be recorded at the current market price $131,400, and that the equipment is to be valued at $104,900.

Required:
Journalize the partnership's entry to record Kaiser's investment.

Answers

Answer:

Date    Accounts title and Explanation               Debit         Credit

           Cash                                                         $25,800

           Account receivables(187,600-6,000)    $182,200

           Merchandise Inventory                           $118,900

           Equipment                                                $104,900

                   Allowance for Doubtful Accounts                        $5,700

                   Kaiser, Capital                                                       $426,100

           (To record Kaiser Investment in Partnership Entity)  

Each of the following is a characteristic of a defined benefit retirement plan EXCEPT: Question 3 options: The plan assigns the risk of pre-retirement inflation, investment performance, and adequacy of retirement income to the employee. The plan specifies the benefit an employee receives at retirement. The plan has less predictable costs as compared to defined contribution plans. The law specifies the maximum allowable benefit payable from the plan is equal to the lesser of 100% of salary or $230,000 (2020) per year currently

Answers

Answer:

Each of the following is a characteristic of a defined benefit retirement plan EXCEPT:

The plan assigns the risk of pre-retirement inflation, investment performance, and adequacy of retirement income to the employee.

Explanation:

No.  With a defined benefit retirement plan, the risk of pre-retirement inflation, investment performance, and adequacy of retirement income is never assigned to the employee.  Instead, the employer bears this risk.  The defined benefit plan always specifies the benefit to which an employee is entitled to at retirement.  It also demands that the employee must work for a certain defined period to be entitled to this benefit.  By its nature, the defined benefit plan provides a fixed and pre-established benefit for employees.  This is why it is preferred by employees.

An article in The Globe and Mail, February 16, 2002, reported that IBM used the $300 million proceeds of a sale of one of its business units to reduce operating expenses in its fourth quarter 2001 income statement. This added about 8 cents per share to its fourth quarter earnings. As a result, IBM beat analysts' forecasts by 1 cent per share.

IBM defended its treatment by claiming that buying and selling businesses is a normal business practice, and that most of the sale proceeds related to intellectual property that it had developed. The article quotes a Merrill Lynch analyst as saying, "Our only concern is that the company could have done more to call out the magnitude of the transaction." According to the article, IBM's share price fell by 4% as a result of this news.

While not mentioned in this article, the SEC opened a preliminary inquiry into IBM's accounting practice, expressing concerns that IBM had let it be known that the reason for its higher operating earnings was tight cost controls, rather than the sale proceeds. This inquiry was subsequently dropped, but the SEC issued a bulletin reminding firms to report gains or losses on asset sales separately from operating costs.

Required

Explain why IBM's share price dropped following the Merrill Lynch analyst's comment and the news of the SEC's preliminary inquiry.

Answers

Answer:

The sale of business units are one time events that should not be common. If the only way that IBM can show profit is by selling business divisions, in a very short time it will run out of divisions to sell. A company's intrinsic value is given by its cash flows, especially the operating cash flow.

Stephen discusses with his boss his initial ideas on how to approach his hosting duties. His boss claims he is on the right track, but that he should remember to build goodwill in his remarks. Stephen remembers that this will be the workers' introduction to him, so he needs them to trust him in the role of chief operating officer going forward. Although he will be introducing other speakers during the meeting, he doesn't want to get his goals confused. Select the statement that describes something Stephen should do for a goodwill speech.A. Stephen contacts his boss to ask him what information about himself he would like shared. B. Stephen speaks respectfully about his boss and his positive characteristics. C. Stephen tells the workers that he also believes in fairness and teamwork. D. Stephen conducts research to understand more about the corporate executives.

Answers

Answer:

D. Stephen conducts research to understand more about the corporate executives.

Explanation:

Analyzing the information above, it is correct to say that a good presentation should be able to retain the public's attention and positively impact people. For this, it is considered that the letter D is the most relevant option for Stephan to achieve his goals in his speech, because knowing his audience in depth will be a decisive factor to align his presentation with the interests of the audience and thus retain attention and integrate them with what is being said. Therefore, research to understand more about corporate executives will lead Stephan to achieve effectiveness in his presentation.

What factors account for a fall in the long-run cost curve?

Answers

Economies of Scale and Long Run Average Cost (LRAC)

In the long run all costs are variable and the scale of production can change (i.e. no fixed inputs)
Economies of scale are the cost advantages from expanding the scale of production in the long run. The effect is to reduce average costs over a range of output
These lower costs represent an improvement in productive efficiency and can give a business a competitive advantage in a market. They lead to lower prices and higher profits – this is called a positive sum game for producers and consumers (i.e. the welfare of both will improve)
We make no distinction between fixed and variable costs in the long run
As long as the long run average total cost curve (LRAC) is declining, then internal economies of scale are being exploited.
The table below shows a numerical example of falling LRAC

Long Run Output (Units) Total Costs (£s) Long Run Average Cost (£ per unit)
1000 12000 12
2000 20000 10
5000 45000 9
10000 80000 8
20000 144000 7.2
50000 330000 6.6
100000 640000 6.4
500000 3000000 6
Returns to Scale and Costs in the Long Run

The table below shows how changes in the scale of production can, if increasing returns to scale are exploited, lead to lower average costs.

Factor Inputs Production Costs
(K) (La) (L) (Q) (TC) (TC/Q)
Capital Land Labour Output Total Cost Average Cost
Scale A 5 3 4 100 3256 32.6
Scale B 10 6 8 300 6512 21.7
Scale C 15 9 12 500 9768 19.5
Costs: Assume the cost of each unit of capital = £600, Land = £80 and Labour = £200
Because the % change in output exceeds the % change in factor inputs used, then, although total costs rise, the average cost per unit falls as the business expands from scale A to B to C

Examples of Increasing Returns to Scale

Much of the new thinking in economics focuses on the increasing returns available to growing businesses:

An example of this is the software and computer gaming industry.

The overhead costs of developing new software programs or computer games are huge - often running into hundreds of millions of dollars
The marginal cost of one extra copy for sale is close to zero, perhaps just a few cents or pennies
If a company can establish itself in the market, positive feedback from consumers will expand the installed customer base, raise demand and encourage the firm to increase production
Because marginal cost is low, the extra output reduces average costs creating economies of scale
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