The largest purchaser of residential mortgages has historically been commercial banks. (D)
Commercial banks are financial institutions that accept deposits and make loans to businesses and individuals, and they are the most likely to offer mortgage services to the public.
They are also one of the most accessible mortgage providers, offering customers the ability to go in-person to apply for a loan or get advice. Commercial banks usually have the lowest interest rates, making them the most attractive option for homeowners.
The process of buying a mortgage through a commercial bank is also relatively straightforward and requires only a few documents.
Additionally, commercial banks have the widest range of loan products and services, meaning they can provide a variety of mortgage products to meet the needs of their customers.(D)
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In a single-factor model (with a market index factor with
return, rm), you calculate that β= 1, σ2m = 20% and σ2(εa) = 5%.
What is the R-squared?
In a single-factor model (with a market index factor with return, rm), you calculate that β= 1, σ2m = 20% and σ2(εa) = 5%. The R-squared can be calculated by using the given data. What is the single-factor model? A single-factor model is a model that is used to calculate the relationship between a particular security's or portfolio's returns and the returns of the overall market.
A single-factor model is utilized to account for systematic risk, which is caused by market wide variables that influence most or all securities in the market. Systematic risk cannot be reduced through diversification or other investment strategies. R-squared is the ratio of the explained variation to the total variation of the dependent variable.
It represents the percentage of the variation in the dependent variable that is explained by the independent variables. What is the R-squared? To calculate the R-squared, we will use the following formula:R2 = β2σ2m / (β2σ2m + σ2(εa))R2 = 12(20%) / [12(20%) + 5%]R2 = 20 / 25R2 = 0.8
The R-squared in the single-factor model is 0.8, as determined using the given data. The R-squared value indicates that 80% of the variance in the security's or portfolio's returns is accounted for by the market index factor.
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Case Study A: (1500 words) Industry Category: Pharmaceutical Manufacturing Company Name: ABC Pharmaceutical Location: Riyadh – KSA Go through the case study and answer the questions that follow. ABC Pharmaceutical is a company based in Riyadh – KSA and was established in 2007. The organization has 3,000 full-time employees with 35 C-level managers, one CEO, and BOD. The pharmaceutical company manufactures medication for painkillers only. The cost for 24 tablets in one box is $10.00 USD and uses natural ingredients. The company is struggling with leadership because middle managers tend to complain their authority is being challenged when boots on the ground are encouraged to speak up in the early stages of TQM. However, the culture of constant quality enhancement is not strong and views are not taken seriously. Statistics 3,000 Employees 240,000,0000 tablets manufactured in 2022 $25m Profits (current) in 2022 financials $35m Profits (projected) after quality improvement strategy Questions to Answer: 1. What are the major weaknesses (gaps) of ABC Pharmaceutical? 2. What TQM strategies would you implement to eliminate or minimize these gaps? 3. How would you implement Kanban system for ABC Pharmaceutical? Give specific examples 4. How would you implement Kaizen system for ABC Pharmaceutical? Give specific examples 5. What other continuous improvement strategies would you recommend to ABC Pharmaceutical? Give specific examples 6. How would you implement six sigma in ABC Pharmaceutical? Give specific examples
Major Weaknesses of ABC Pharmaceutical:
a. Leadership Challenges
b. Weak Culture of Quality Enhancement:
2. What TQM strategies would you implement to eliminate or minimize these gaps?
a) Leadership commitment
b) Employee involvement
c) Continuous improvement
3. How would you implement Kanban system for ABC Pharmaceutical? Give specific examples.
a) Identify the process
b) Define the inventory levels
c) Create Kanban cards
d) Implement the system
4. How would you implement Kaizen system for ABC Pharmaceutical? Give specific examples.
a) Identify the process
b) Analyze the process
c) Implement improvements
5. What other continuous improvement strategies would you recommend to ABC Pharmaceutical? Give specific examples.
a) Lean manufacturing
b) Value stream mapping:
What is the issue with ABC Pharmaceutical?1. Major Weaknesses of ABC Pharmaceutical:
a. Leadership Challenges: The company is struggling with leadership due to middle managers who feel their authority is being challenged when employees on the ground are encouraged to speak up in the early stages of Total Quality Management (TQM).
b. Weak Culture of Quality Enhancement: Although the company claims to have a culture of continuous quality enhancement, views are not taken seriously, and the culture is not strong.
2. To address the leadership gap in ABC Pharmaceutical, the following TQM strategies can be implemented:
a) Leadership commitment: The CEO and the BOD should take an active role in promoting a culture of quality improvement. They should communicate their commitment to TQM, set quality goals, and provide the necessary resources and support to implement quality improvement initiatives.
b) Employee involvement: To overcome the resistance of middle managers, employees should be encouraged to participate in quality improvement initiatives.
c) Continuous improvement: The organization should adopt a continuous improvement philosophy that emphasizes the need to improve processes, products, and services on an ongoing basis.
3. Kanban is a visual system used to manage inventory and production in a lean manufacturing environment. To implement a Kanban system in ABC Pharmaceutical, the following steps can be taken:
a) Identify the process: The first step is to identify the process that will benefit from a Kanban system. In ABC Pharmaceutical, the production process can be a good candidate for a Kanban system.
b) Define the inventory levels: The next step is to define the inventory levels for each stage of the process. In ABC Pharmaceutical, the inventory levels can be defined for raw materials, work-in-progress, and finished goods.
c) Create Kanban cards: Kanban cards are used to signal when inventory levels need to be replenished. In ABC Pharmaceutical, Kanban cards can be created for each stage of the process, and the number of cards can be based on the inventory levels.
d) Implement the system: Once the Kanban cards are created, the system can be implemented. When inventory levels reach a predetermined level, the Kanban card is sent to the supplier, indicating that more materials are needed. The supplier then sends the necessary materials, and the Kanban card is returned to
4, Kaizen is a continuous improvement approach that involves making small, incremental changes to processes and systems to improve efficiency and effectiveness. To implement a Kaizen system in ABC Pharmaceutical, the following steps can be taken:
a) Identify the process: The first step is to identify the process that needs improvement. In ABC Pharmaceutical, the packaging process can be a good candidate for a Kaizen system.
b) Analyze the process: The next step is to analyze the process to identify areas for improvement. In ABC Pharmaceutical, the analysis can include identifying bottlenecks, waste, and inefficiencies in the packaging process.
c) Implement improvements: Once the areas for improvement are identified, the necessary changes can be implemented. In ABC Pharmaceutical, the improvements can include changing the layout of the packaging area, improving the packaging materials, or streamlining the packaging process.
d) Monitor and evaluate: The improvements should be monitored and evaluated to ensure that they are effective. In ABC Pharmaceutical, the
5. In addition to TQM, Kanban, and Kaizen, the following continuous improvement strategies can be recommended for ABC Pharmaceutical:
a) Lean manufacturing: Lean is a manufacturing philosophy that focuses on minimizing waste and maximizing efficiency. In ABC Pharmaceutical, lean principles can be applied to reduce lead times, inventory, and costs in the production process.
b) Value stream mapping: Value stream mapping is a tool used to analyze and improve the flow of materials and information in a process. In ABC Pharmaceutical, value stream mapping can be used to identify bottlenecks, redundancies, and inefficiencies in the production process.
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The accounting equation for Quattro Enterprises is as follows:
Assets Liabilities Stockholders' Equity
$120,000 = $60,000 + $60,000
If Quattro purchases office equipment on account for $25,000, the accounting equation will change to
Assets Liabilties Stockholders' Equity
a. $120,000 = $60,000 + $60,000
b. $145,000 = $60,000 + $85,000
c. $145,000 = $72,500 + $72,500
d. $145,000 = $85,000 + $60,000
The accounting equation for Quattro Enterprises is as follows: Assets = Liabilities + Stockholders' Equity ($120,000 = $60,000 + $60,000).
After Quattro purchases office equipment on account for $25,000, the accounting equation will change to $145,000 = $60,000 + $85,000.
Therefore, the accounting equation for Quattro Enterprises after they purchase office equipment on account for $25,000 is: Assets = Liabilities + Stockholders' Equity ($145,000 = $60,000 + $85,000).
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jessica sold the shares of a company, of which her sister-in-law was the ceo, just a short while before the company filed for bankruptcy. jessica used information about the company that was not public knowledge to save her from the loss. due to the drastic fall in the market value of the company, however, the general public that had invested in the company suffered huge losses. what type of a fraudulent crime does this scenario best illustrate?
A few months before the company filed for bankruptcy, James sold the shares of the business where his brother-in-law was the CEO.
What is the most important thing that determines the worth of a firm quizlet?Terms in this set (116) (116) The historical earnings and dividends of a stock are the most significant elements affecting its current price. Sales growth and net profit margin hold the key to a company's future behavior. High dividend payout ratios are frequently found in businesses with high P/E ratios.
What are the top five business success factors, and why are they crucial?Strategic focus, people, operations, marketing, and finance are the five essential success factors that aid businesses in choosing their long-term success strategy. On the other side, crucial success elements are the actions a business must take to accomplish a task.
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All of the positions listed will benefit from a price increase,
except:
A. Long Forward
B. Short Call
C. Long Stock
D. Short Put
The position that will not benefit from a price increase is B. Short Call.
What would be the benefitsA long forward (A) will benefit from a price increase because the holder of a long forward contract is obligated to buy the underlying asset at a set price, so a price increase means that they can buy the asset at a lower price than the market value.
A long stock (C) will benefit from a price increase because the holder of a long stock position owns the underlying asset, so a price increase means that the value of their investment has increased.
A short put (D) will benefit from a price increase because the holder of a short put position is obligated to buy the underlying asset at a set price, so a price increase means that they can buy the asset at a lower price than the market value.
However, a short call (B) will not benefit from a price increase because the holder of a short call option has sold the right to buy the underlying asset at a set price, so a price increase means that the holder may have to sell the asset at a lower price than the market value, resulting in a loss.
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A loss on sale of equipment for $2,000 is debited when a company sells equipment with a net book value of $45,000 for $43,000. True Fase
The statement "A loss on sale of equipment for $2,000 is debited when a company sells equipment with a net book value of $45,000 for $43,000" is True.
When a company sells an asset or equipment for less than its book value, it is known as a loss on the sale of the asset. The value of the asset sold (in this scenario, equipment) is compared to its net book value (NBV), which is the difference between the asset's value and the accumulated depreciation.
In the event that the asset is sold for less than the NBV, a loss is incurred. The loss on the sale of equipment is debited to reflect the loss in value. The amount debited is the difference between the sales price and the net book value, in this case $2,000. This entry lowers the company's profits for the year and reduces the value of the company's assets. The Journal Entry for the loss on the sale of equipment would be:
Debit Loss on Sale of Equipment $2,000CreditEquipment $45,000CreditAccumulated Depreciation $43,000The debit to Loss on Sale of Equipment account would reduce the net income (profit) and credit to the Equipment and Accumulated Depreciation accounts would reduce the carrying value of the equipment on the balance sheet.
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Question 1: you need to identify the alignment between the two mission statements [100 points).
HCT mission is to provide applied higher education to equip generations with knowledge, skills and competencies that meet international standards and the future needs of the UAE industry and society.
The Faculty of Engineering Technology and Science mission is to provide world class engineering programs empowering graduates with the desire for learning, discovery and innovation, and provide highly competent technologists and engineers to meet present and future industry needs nationally and globally. The reputation and academic integrity of Engineering Technology and Science programs at HCT.
The alignment between the two mission statements is that both mission aims to provide quality education to the students in order to prepare them to fulfill the future industry and societal needs.
To identify the alignment between the two mission statements of HCT and the Faculty of Engineering Technology and Science, we need to analyze the similarities and differences between them. Let's start with the similarities between these two statements:
Both mission statements are focused on providing education to students.They aim to equip the students with the necessary knowledge, skills, and competencies.Both are looking forward to meeting the needs of the industry and society.Both want to create highly competent technologists and engineers to meet present and future industry needs nationally and globally.Both are focused on providing education that meets international standards.Now, let's discuss the differences between the two mission statements:
HCT's mission statement is broader and covers all fields, whereas the Faculty of Engineering Technology and Science's mission statement is more specific and focused on engineering programs.The Faculty of Engineering Technology and Science's mission statement emphasizes the reputation and academic integrity of their programs, while HCT's mission statement does not.Therefore, the alignment between these two mission statements is that both want to provide quality education to the students and prepare them to meet the future needs of the industry and society. Both are committed to meeting the international standards of education, but the Faculty of Engineering Technology and Science focuses more on the academic integrity of their programs.
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Think about one of the items you own and trace the global value
chain for that item. (minimum of 7 sentences)
One of the items that I own is a pair of Adidas sneakers. As far as I know, the global value chain is as written below.
The global value chain for Adidas shoes can be traced as follows:
Raw materials: Adidas sources the raw materials for their sneakers from various countries around the world. The leather for the upper part of the shoes comes from Italy, while the rubber for the soles comes from Malaysia.Manufacturing: The shoes are manufactured in factories in China, Vietnam, and Indonesia. These factories are owned by Adidas or are contracted to produce their products. Logistics: After the shoes are manufactured, they are transported to regional distribution centers around the world. From there, they are sent to retail stores where customers can purchase them. Retail: Adidas has retail stores in countries all around the world. In addition to their own stores, they also sell their products through third-party retailers such as Foot Locker and JD Sports. Consumer: Finally, the shoes are purchased by consumers and worn around the world. Some consumers may even resell the shoes to others, creating a secondary market for the product.In conclusion, the global value chain for my Adidas sneakers involves raw materials from Italy and Malaysia, manufacturing in China, Vietnam, and Indonesia, distribution to retail stores worldwide, and ultimately purchase and use by consumers.
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john quit his current job and has taken a new job for higher pay. the new job starts in two weeks. during the two weeks between jobs, john is unemployed. multiple choice question. frictionally permanently cyclically structurally
Frictional unemployment is the type of unemployment that occurs when a person is between jobs. This is the type of unemployment that John is experiencing, as he has quit his current job and is waiting for two weeks for his new job to start.
Frictional unemployment is a natural part of the job market and occurs when workers are transitioning between jobs, either voluntarily or involuntarily. It is a short-term phenomenon and does not last for long periods of time. Workers are typically able to find new employment quickly, as they often have the necessary skills and experience.
Frictional unemployment is a normal part of the economy and is usually not considered to be detrimental, as workers can usually find new jobs quickly. It can, however, be costly to workers in terms of lost wages and opportunities, and to the economy in terms of lost productivity.
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"Use the following information:
Net sales
$205,000
Cost of goods sold
144,000
Beginning inventory
46,000
Ending inventory
36,000
a. Calculate the inventory turnover ratio. (Round your answer to 1 decimal place.) Inventory turnover ratio times b. Calculate the average days in inventory. (Assume 365 days in a year. Round your intermediate calculations and final answer to 1 decimal place.) Average days in inventory days c. Calculate the gross profit ratio. (Round your answer to 2 decimal place.) Gross profit ratio
A. Calculation of inventory turnover ratio:
To calculate the inventory turnover ratio, we use the following formula:
Inventory turnover ratio = cost of goods sold / average inventory
Average inventory = (beginning inventory + ending inventory) / 2
Now we have all the information required to compute inventory turnover ratio.
I.T.R. = 144000 / ((46000+36000)/2) = 144000 / 41000 = 3.51.
B. Calculation of average days in inventory:
To calculate the average days in inventory, we use the following formula:
Average days in inventory = 365 / inventory turnover ratio
Again, we have all the information we need to calculate average days in inventory.
A.D.I. = 365 / I.T.R. = 365 / 3.51 = 103.849 or 103.9 days, which we round to the nearest tenth.
C. Calculation of gross profit ratio:
The gross profit ratio is calculated as follows:
Gross profit ratio = (Net sales - Cost of goods sold) / Net sales
We can substitute all the values that we know into the formula.
G.P.R. = (205000 - 144000) / 205000 = 61000 / 205000 = 0.297 or 0.30, which we round to the nearest hundredth.
Therefore, the inventory turnover ratio is 3.51, the average days in inventory is 103.9 days, and the gross profit ratio is 0.30.
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Suppose your expectations regarding the stock price are as follows: Use the equations E(r)=Sigma p(s) r(s) and sigma^{2}=Sigma p(s)[r(s)-E(r)]^{2} to compute the mean and standard deviation
The mean and standard deviation of the stock price are E(r)=$9.4 and sigma=$5.01, respectively.
To compute the mean and standard deviation using the given equations, you need to have the probabilities and possible returns of the stock price. Let's assume there are three possible prices: $10, $12, and -$5, with probabilities of 0.3, 0.5, and 0.2, respectively.
Using the equation E(r)=Sigma p(s) r(s), the expected return is: E(r) = 0.3 * 10 + 0.5 * 12 + 0.2 * (-5) = $9.4
Using the equation sigma^{2}=Sigma p(s)[r(s)-E(r)]^{2}, the variance is: sigma^{2} = (0.3*(10-9.4)^2 + 0.5*(12-9.4)^2 + 0.2*(-5-9.4)^2) = $25.14
Therefore, the standard deviation is: sigma = sqrt(sigma^{2}) = $5.01
So, the mean and standard deviation of the stock price are E(r)=$9.4 and sigma=$5.01, respectively.
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From the 10 skills, choose two skills you want to focus on improving. You can use the two skills you wrote about for the Week 2 Assignment, Employability Skills and the Future of Work, or any two new skills from the 10 skills. The two skills you chose will be used to complete the rest of this template.
Two of the 10 skills listed in the World Economic Forum's Future of Jobs report that people may want to focus on improving are:
analysis and critical thinkingemotional intelligenceOne skill that people may want to focus on improving is analysis and critical thinking. Improving analytical and critical thinking skills involves developing the ability to identify and evaluate arguments, recognize biases, and make logical connections between ideas.
Another skill that people may want to focus on improving is emotional intelligence. Emotional intelligence involves the ability to understand and manage one's own emotions, as well as the emotions of others. It includes skills such as empathy, self-awareness, and social awareness.
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PLEASE HELP ME! I WILL MAKE U BRAINLIST (20 POINTS)
Write in your own words! And add the number beside the question so I know which answer is for which question.
1. What does it mean to be a franchisee?
2. What does the franchisee typically buy from the franchiser?
3. Explain how the payments are typically made to the franchiser.
Answer:
Being a franchisee means that an individual or a company has obtained the right to operate a business using the branding, products, and services of an existing company (the franchisor). The franchisee runs the business according to the terms and conditions outlined in the franchise agreement, including paying fees and royalties to the franchisor.
Typically, the franchisee buys the right to use the franchisor's brand name, trademark, and operating system. The franchisor also provides the franchisee with training, support, and assistance in setting up and running the business. In some cases, the franchisor may also provide the franchisee with inventory, equipment, or supplies.
The payments made by the franchisee to the franchisor are typically outlined in the franchise agreement. The franchisee usually pays an initial fee to obtain the right to use the franchisor's brand and operating system. In addition to the initial fee, the franchisee typically pays ongoing royalties based on a percentage of their sales. The franchisee may also be required to pay other fees, such as marketing or advertising fees. Payments are usually made at regular intervals, such as monthly or quarterly, and are often accompanied by reports on sales or other business metrics.
1. A franchisee is someone who works a business.
2. The Franchisee sells it the right/ makes it okay to use the name of it/the overall idea of it. The Franchisee buys this in order to sell it.
3. The franchiser makes money from the fees the owner pays. This is usually made from the let overs after the profits they make and use to buy more.
In 3-4 sentences summarize what the advantages and disadvantages
are of sole proprietorships?
The advantages of sole proprietorships is that the owner has complete control over the company and is relatively easy to set up and operate. On the other hand, the disadvantage of it is that the owner is personally liable and may not have access to the same resources as larger corporations.
Sole proprietorship is a form of business ownership in which an individual is solely responsible for the management of the business.
One of the significant advantages of sole proprietorship is that the owner has complete control over the company. They can make decisions about their business without consulting others. The owner also has the flexibility to change the course of their business at any time. Another advantage is that sole proprietorship is relatively easy to set up and operate.
However, there are some disadvantages to sole proprietorship. One of the most significant disadvantages is that the owner is personally liable for any debt incurred by the business. Additionally, the business may be limited in its ability to raise capital, and the owner may not have access to the same resources as larger corporations. Finally, the business may struggle to survive if the owner becomes ill or unable to work.
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this morning, you observe in the markets that the nominal interest rate is 6%, which includes inflation expectations of 4%. if inflation expectations go up by 1% and nominal interest rates go up by 1.5%, what is the resulting real interest rate?
The nominal interest rate is 6%, the inflation expectations are 4% (6% - 4%), and the increase in nominal interest rates is 1.5%, the real interest rate in this case would be 2.5%.
When we consider nominal interest rate, it is just a loan rate that is given to borrowers. Nominal interest rate does not factor in inflation, which is the general increase in prices of goods and services that takes place over time. However, when we factor in inflation, we get real interest rate. Real interest rate is the nominal interest rate minus the inflation rate. It shows the purchasing power of the interest rate. So, in order to get the resulting real interest rate, we will need to calculate the real interest rates before and after the change in inflation expectations and nominal interest rates.
Before change in inflation expectations and nominal interest rates:
Nominal interest rate = 6%; Inflation expectation = 4%;
Real interest rate = Nominal interest rate - Inflation expectation= 6% - 4%= 2%
After change in inflation expectations and nominal interest rates:
Nominal interest rate = 6% + 1.5% = 7.5%
Inflation expectation = 4% + 1% = 5%
Real interest rate = Nominal interest rate - Inflation expectation= 7.5% - 5%= 2.5%
Therefore, the resulting real interest rate after inflation expectations go up by 1% and nominal interest rates go up by 1.5% is 2.5%.
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question 8 as a project manager, you ensure that everyone working on the project understands their task goal as well as the big picture goal for the finished product. this adds value to your project in which way?
As a project manager, ensuring that everyone working on the project understands their task goal as well as the big picture goal for the finished product adds value to the project by increasing productivity and efficiency.
It also helps to keep everyone on the same page and working towards the same end goal. In addition, it can reduce the risk of errors or misunderstandings that can lead to delays or even project failure. This is because if everyone understands their role in the project and how it fits into the overall goal, they are more likely to complete their tasks accurately and on time.
In addition, having a clear understanding of the big picture goal can help team members to stay motivated and focused on the end goal, which can lead to increased creativity, innovation, and problem-solving skills. It can also help to build a sense of teamwork and collaboration, as team members work together towards a common goal.
Overall, ensuring that everyone understands their task goal as well as the big picture goal for the finished product is essential for project success. It adds value to the project by increasing productivity and efficiency, reducing the risk of errors or misunderstandings, and fostering teamwork and collaboration among team members.
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Fair Engineering Company manufactures part QE767 used in several of its engine models Monthly production costs for 10,000 units are as follows: ect materials ect labor ariable support costs ixed support costs 80,000 20.000 50,000 40,000 otal costs S190,000 It is estimated that 20% of the fixed support costs assigned to part QE767 will no longer be incurred if the company purchases the part from the outside supplier. Fair Engineering Company has the option of purchasing the part from an outside supplier at S16 per unit. 5a. If Fair Engineering Company accepts the offer from the outside supplier, the monthly avoidable costs (costs that will no longer be incurred) total(Ans: S 158,000) 5b. If Fair Engineering Company purchases 10,000 QE767 parts from the outside supplier per month, then its monthly operating income wil: (Ans:decrease by S2,000). 5c The maximum price that FairEngineering Company should be willing to pay the outside supplier for each unit of part QE767 is: (Ans:S15.80).
If Fair Engineering Company accepts the offer from the outside supplier, the monthly avoidable costs total $158,000. This is calculated by subtracting the 20% fixed support costs, or $40,000 from the total costs of $190,000.
Avoidable costs are the costs that can be eliminated or avoided if a particular business decision is not taken or if a particular activity is not performed. These costs are also known as "relevant costs" or "differential costs" because they are the costs that differ between two alternative courses of action.
For example, if a company is considering whether to manufacture a new product line, the avoidable costs would include the costs of materials, labor, and overhead that would be incurred only if the new product line is manufactured. The company's fixed costs, such as rent and salaries, would not be avoidable costs because they would be incurred regardless of whether the new product line is manufactured.
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CONESTOGA Connect Life and Learnirg QUAL8320 Assignment 4 - QMS (Bakery product) You are the head baker for a large Bakery in Waterloo, Ontario. The company wants to launch a new type of bread. (A) By studying the "voice of the customer", list the bread features (i.e., matrix output variables) that you feel are important for this new bread to be a big hit with the customers and in-turn increase sales. Explain, in detail, why you choose each. (B) List the process steps (i.e., matrix inputs) that need to be improved prior to launching production of this new bread. Explain, in detail, why you choose each. (C) Create a Priority Matrix for this process (using Excel Table provided) and determine the top four (4) steps (with their \% weighting), that need to be focused on. Note: Use your judgement in assessing the relationship/correlation between key input variables and the customer outputs and rank each input variable accordingly, when filling in the matrix table. (D) If you must remove two (2) steps from your Priority Matrix, in the making of this new bread, which would you choose and why?
Based on the "voice of the customer," identifying process steps that need improvement, creating a Priority Matrix to focus on the top four steps, and considering the removal of the lowest weighted input variables that have the weakest correlation to customer output variables.
How to approach each of the questions:
A) To determine the important features of the new bread, the head baker should study the "voice of the customer" data to understand the needs, preferences, and expectations of the target customers. Based on this information, the head baker can identify the key matrix output variables that are most important for the success of the new bread. For example, the bread features that may be important to customers could include taste, texture, freshness, appearance, nutritional value, packaging, and price.
B) To improve the process steps for the new bread, the head baker should conduct a detailed analysis of the current production process to identify any areas of inefficiency, waste, or quality issues. Based on this analysis, the head baker can identify the key matrix input variables that need to be improved prior to launching production of the new bread. For example, the process steps that may need improvement could include the ingredient sourcing, mixing, proofing, baking, packaging, and distribution.
C) To create a Priority Matrix, the head baker can use an Excel table to rank the key input variables according to their impact on the customer output variables. The Priority Matrix should include the input variables and output variables, along with their weighting and correlation values. The top four steps that need to be focused on can be identified based on the highest weighted input variables that have the strongest correlation to the customer output variables.
D) If two steps must be removed from the Priority Matrix, the head baker should consider removing the steps that have the lowest weighted input variables and the weakest correlation to the customer output variables. However, the specific steps that are chosen for removal should be based on a detailed analysis of the production process and their impact on the customer output variables.
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What would you expect net income to be in 2015 if you assume the same growth rate as 2013 to 2014? group of answer choices 353 363 373 343
Without any additional information or context, it is impossible to determine the exact net income for 2015 based solely on the growth rate from 2013 to 2014.
However, we can make an estimate assuming that the growth rate from 2013 to 2014 continues at the same rate in 2015.
If we assume the growth rate from 2013 to 2014 is applied to the net income of 2014, then we can calculate an estimate for the net income in 2015 as follows:
2014 net income + (growth rate x 2014 net income) = estimated 2015 net income
Let's assume that the 2014 net income is 353.
Using the growth rate of 3%, we can calculate the estimated net income for 2015 as:
353 + (0.03 x 353) = 363.59
Therefore, if we assume the same growth rate as 2013 to 2014, we would expect the net income for 2015 to be around $363 million.
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a firm does not pay a dividend. it is expected to pay its first dividend of $0.48 per share in three years. this dividend will grow at 14 percent indefinitely. use a 15 percent discount rate. compute the value of this stock.
The value of the stock is $48.
A firm does not pay a dividend. It is expected to pay its first dividend of $0.48 per share in three years. This dividend will grow at 14% indefinitely. We have to compute the value of this stock at a 15% discount rate.
What is the meaning of stock?
Stock is an equity security that represents ownership in a corporation. It is a type of security that denotes ownership in a company and represents a claim on part of the company’s assets and earnings. Stockholders are commonly known as shareholders.
How to calculate the value of this stock?
Here, it is given that the first dividend the company is expected to pay is $0.48 per share in three years. We can find the value of the stock using the formula for a constant growth rate:
V₀ = D₁ / (r - g)
where:
V₀ = Value of the stock today
D₁ = Value of the dividend in the first year
r = Discount rate
g = Growth rate
In this problem, D₁ = $0.48, r = 15%, and g = 14%.
V₀ = $0.48 / (0.15 - 0.14)
V₀ = $48
The value of the stock is $48.
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Currently, the interest rate for a 10-year bond issued by Ford is 7.57%, and the interest rate for a 10-year bond issued by General Motors is 6.42%. The liquidity risk premium for Ford is 0.42%, whereas the liquidity risk premium for General Motors is 0.31%. What is the difference in the default risk premium between Ford and General Motors?
these differences 2% separates two defalut risk premiums.
What is and how is the defalut risk premium calculated?The default risk premium, which can be mathematically defined as the difference between the interest rates payable on bonds and a risk-free rate of return, is an additional amount of interest rates paid by a borrower to a lender or investor as compensation for the higher credit risk of the borrower assuming his failure to pay back the principal amount in the future.
In the event that the borrower fails on their obligation, the default risk premium (DRP) serves as a restitution payment to investors or lenders. DRP is frequently appropriate when dealing with bonds.
rd = r* +IP + MRP + DRP + LP is the formula.
so in the first case the DRP will be 2%
and in the second case DRP will be 0% so the difference will be 2%-0%= 2%
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Would it make sense to buy a house when mortgages rates are 14% and expected inflation is 15%? Explain your answer. (Even though the nominal rate for the mortgage appears high, the real cost of borrowing the funds is the difference between the two rates (14%-15%= -1%) So yes, under this circumstance it would be reasonable to make this purchase [explain why…explain how the inflation works and how the interest rates in mortgages really affects our decisions)
Answer: The nominal rate of mortgage (14%) is high, but when it is compared to expected inflation (15%), it is lower, which in turn makes the real or effective borrowing cost negative (-1%).
you can afford only the minimum payment of $60 per quarter. the interest rate on the credit card is 18 per year compounded quarterly. how many years will you need to pay off the $1,000?
It will take you approximately 10 years to pay off the $1,000 with the given information.
To calculate the time it will take to pay off the $1,000 with a minimum payment of $60 per quarter and an interest rate of 18% per year compounded quarterly, we can use the formula
P = A/(1-(1+r)^(-n)), where P is the payment, A is the principal (in this case $1,000), r is the interest rate (in this case 0.18/4), and n is the number of payments (in this case 40). Solving for n, we get n = 10.
This means it will take you 10 years to pay off the $1,000 with the given information.
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An assembly line consists of 5 work stations. In order to assemble a complete finished product, the work has to proceed from Work Station 1, to Work Station 2, to Work Station 3, to Work Station 4, then finally to Work Station 5. The output from Work Station 5 is the finished product. The shop floor supervisor sees that unnecessary inventory is accumulating between Work Stations 3 and 4. This inventory is best called:
Unnecessary inventory accumulating between Work Stations 3 and 4 is best called work-in-process inventory.
An assembly line refers to a production process in which various workers perform specific tasks on a product as it progresses through a series of workstations. Work-in-process inventory is one of the most prevalent forms of inventory in an assembly line.
The inventory that accumulates between Work Stations 3 and 4 is best known as work-in-process inventory. This happens when an item is undergoing production but has not yet been finished or has not reached the final assembly station. It is stored in between stations until it is finished.
The production process between Work Stations 3 and 4 is causing the work-in-process inventory to accumulate. This is either because Work Station 3 is producing too many items or because Work Station 4 is not processing them quickly enough.
As a result, the work-in-process inventory between Work Stations 3 and 4 grows. This indicates that the production process is inefficient and that changes need to be made to improve it. Work-in-process inventory is viewed as waste in a lean production environment, which strives to reduce waste wherever possible.
Therefore, the shop floor supervisor must take appropriate steps to eliminate the accumulation of work-in-process inventory between Work Stations 3 and 4.
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The following selected transactions were taken from the books of Ripley Company for Year 1 :
1. On February 1 , Year 1 , borrowed$54,000cash from the local bank. The note had a 5 percent interest rate and was due on June 1 , Year 1. 2. Cash sales for the year amounted to$250,000plus sales tax at the rate of 7 percent. 3. Ripley provides a 90-day warranty on the merchandise sold. The warranty expense is estimated to be 2 percent of sales. 4. Paid the sales tax to the state sales tax agency on$210,000of the sales. 5. Paid the note due on June 1 and the related interest. 6. On November 1 , Year 1 , borrowed$35,000cash from the local bank. The note had a 8 percent interest rate and a one-year term to maturity. 7. Paid$3,200in warranty repairs. 8. A customer has filed a lawsuit against Ripley for$100,000for breach of contract. The company attorney does not believe the suit has merit. Required a. Answer the following questions: 1. What amount of cash did Ripley pay for interest during Year 1 ? 2. What amount of interest expense is reported on Ripley's
1. The cash paid for interest during Year 1 is $1807, and
2. The amount of interest expense is reported on Ripley's statement is $1535
Why is interest significant to business?The charge a company makes to a lender (the creditor) for a loan is known as interest. Although there are many more options, interest payments are typically based on the remaining balance of a loan and are made monthly. When an interest rate is agreed upon, interest is often computed as a percentage of the loan balance. In a market economy, interest performs several vital tasks. However, the interest can be both simple or compound. The most common way is hence to represent interest as a percentage of a loan's total amount per year.
Given:
1. Cash paid for interest is :
= $ 54000 x 6% x 4 / 12 = $ 1080
2. Interest expense: $1807
The interest expense = $1080 + ($39000 x 7 % x 2 / 12)
= $1080 + $455 = $1535
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What accounting treatment is given to the following costs
under SE: acquisition costs, exploration costs, development costs,
and production costs (oil and gas) ?
Acquisition costs are typically capitalized and expensed over the life of the asset.
Under SE, the accounting treatment given to exploration costs is as follows:
Accounting treatment for the following costs under SE:
Exploration costs: Exploration costs are treated as capital expenses and included in the cost of oil and gas properties acquired. Exploration expenses, on the other hand, are recognized in the profit and loss account.Development costs: Development costs are typically capitalized and included in the cost of oil and gas properties.Production costs: Production costs are treated as expenses and included in the profit and loss account, and they include the costs of labor, materials, and overheads related to the production process.Acquisition costs: Acquisition costs, also known as goodwill, are recognized as intangible assets, and they are capitalized and amortized over their useful life.Learn more about accounting treatment at https://brainly.com/question/26690519
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A bona fide occupational qualification is one that:
a. Is required for the job
b. Prohibited by the EEOC
c. Exempts an employee from workers compensation
d. Stipulates accommodations for religious beliefs
A bona fide occupational qualification is one that is required for the job. Therefore, the correct option is A.
A bona fide occupational qualification, or BFOQ, is a defense that an employer may use in cases of discrimination. It is a requirement that is related to the job that is being performed.There are specific types of jobs that may require a particular gender, race, or religion, and the employer must comply with all relevant legislation. BFOQs are an exception to the discrimination rule, but they must be demonstrated to be essential for the job's function.
For instance, it is illegal for a restaurant to refuse to hire male waiters, but it is permitted to hire only female waiters if the business's theme is that of a '50s-style diner that exclusively employs female waitresses.For example, a hospital may require that its employees be vaccinated against the flu, and this would be considered a BFOQ since it is necessary to safeguard patients from illnesses. A BFOQ will protect employers from discrimination claims if it is necessary for the position and does not unjustly exclude an entire group of individuals from work.
Hence, the correct option is A.
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wember catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. the cost formula for catering supplies is $550 per month plus $82 per job plus $10 per meal. a typical job involves serving a number of meals to guests at a corporate function or at a host's home. the company expected its activity in september to be 25 jobs and 144 meals, but the actual activity was 21 jobs and 141 meals. the actual cost for catering supplies in september was $3,630. the catering supplies in the planning budget for september would be closest to: multiple choice $3,682 $4,180 $3,630 $4,040
The expected cost for catering supplies in September was $3,682, which is closest to the actual cost of $3,630.
This can be calculated using the cost formula of $550 per month plus $82 per job plus $10 per meal. The expected activity was 25 jobs and 144 meals, but the actual activity was 21 jobs and 141 meals.
Therefore, the expected cost would be calculated as $550 + (25 x $82) + (144 x $10) = $3,682. However, the actual cost was $550 + (21 x $82) + (141 x $10) = $3,630.
Therefore, the expected cost for catering supplies in September was $3,682, which is closest to the actual cost of $3,630.
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al's sport store has sales of $897,400, costs of goods sold of $628,300, inventory of $208,400, and accounts receivable of $74,100. how many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit
Inventory Turnover Period is 121 Days when all sales are on credit.
The given information is as follows:
Sales = $897,400
Costs of goods sold = $628,300
Inventory = $208,400
Accounts receivable = $74,100
We have to calculate the average number of days for the firm to sell its inventory assuming that all sales are on credit.
To solve the given question, we use the formula of Average Collection Period.
The formula for calculating the Average Collection Period is:
Average Collection Period = (Accounts Receivable / Credit Sales) * 365 Days
Credit Sales can be calculated by subtracting the Costs of Goods Sold from Sales.
Credit Sales = Sales - Costs of Goods Sold
Credit Sales = $897,400 - $628,300
Credit Sales = $269,100
Now, we can calculate the Average Collection Period by substituting the values.
Average Collection Period = (Accounts Receivable / Credit Sales) * 365 Days
Average Collection Period = ($74,100 / $269,100) * 365 Days
Average Collection Period = 100.08 Days ≈ 100 Days
Thus, the Average Collection Period is 100 days.
Now, we have to calculate the Inventory Turnover Period using the below formula.
Inventory Turnover Period = 365 Days / Inventory Turnover Ratio
The formula to calculate the Inventory Turnover Ratio is:
Inventory Turnover Ratio = Cost of Goods Sold / Average Inventory
Therefore, Inventory Turnover Ratio = Cost of Goods Sold / Average Inventory
Average Inventory = (Beginning Inventory + Ending Inventory) / 2
We have the following values:
Cost of Goods Sold = $628,300
Average Inventory = $208,400
Inventory Turnover Ratio = $628,300 / $208,400
Inventory Turnover Ratio = 3.017
Inventory Turnover Period = 365 Days / 3.017
Inventory Turnover Period = 120.8 Days ≈ 121 Days
Therefore, it takes 121 days for the firm to sell its inventory.
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A quote selected in a document that is enlarged and displayed in a strategic position is referred to as a(n)
A quοte selected in a dοcument that is enlarged and displayed in a strategic pοsitiοn is referred tο as a(n) pull quοte.
What is quοte?A quοte is a phrase οr a sentence that is taken frοm a bοοk, speech, οr οther published text. Quοtes are used tο illustrate a pοint, tο emphasize an οpiniοn, οr tο prοvide an example οf sοmething. Quοtes can alsο be used tο prοvide evidence fοr an argument οr tο suppοrt a claim.
Quοtes are οften used in writing and speeches tο add an air οf authοrity and credibility tο the speaker οr writer. Quοtes can alsο be used tο prοvide humοr οr tο prοvide a sense οf understanding tο a particular situatiοn.
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Complete question
Fill in the blanks,
A quote selected in a document that is enlarged and displayed in a strategic position is referred to as a(n) _________.