Answer:
Food service managers are facing a larger percent decrease at 3.31%Explanation:
The percentage decrease in chefs/head cooks is:
= (100,600 - 99,800) / 100,600
= 0.795%
= 0.8%
Percentage decrease for food service managers is:
= (320,600 - 310,000) / 320,600
= 3.31%
The interest rate will increase as a result of:
Select one:
a. an open market purchase of bonds by the central bank
b. a reduction in income
c. Increase in tax rate
d. decrease in minimum lending rate
= decrease in minimum lending rate
Answer:
A-an open market purchase of bonds by the central bank
Explanation:
It just makes too much sence to me for it not to be A.
Boston, Inc. applies manufacturing overhead at the rate of $40 per machine hour. Budgeted machine hours for the current period were anticipated to be 120,000; however, a lengthy strike resulted in actual machine hours being worked of only 90,000. Budgeted and actual manufacturing overhead figures for the year were $4,800,000 and $4,180,000, respectively. On the basis of this information, the company's year-end overhead was:
Answer:
$580,000 underapplied
Explanation:
The computation of the ending overhead is shown below:
The applied overhead is
= Predetermined overhead rate × actual machine hours
= $40 × 90,000
= $3,600,000
Now the underapplied overhead is
= $4,180,000 - $3,600,000
= $580,000
So the ending overhead is $580,000 underapplied
The United States imports a lot of cars, despite having its own auto industry. Each of the following statements are arguments some people could make for restricting imports of cars into the United States. For each statement, identify the threat to the U.S. industry that the argument is trying to counter, and identify the opportunities that would be given up if the argument wins.
Choose the correct answer:
a. "Foreign manufacturers are offloading their cheap cars onto the U.S. market. We should stop this so that consumers have access to higher-quality U.S. cars."
-National security requires that strategically important goods be produced domestically.
-Protection can help infant industries develop.
-Foreign competition may lead to job losses.
-Anti-dumping laws prevent unfair competition.
-Trade should not enable foreign firms to skirt U.S. regulations.
b. "We must foster the innovation of small car companies, like Tesla. Allowing foreign electric vehicle manufacturers to sell cars in the U.S. will eliminate any chance of creating those cars domestically."
-Foreign competition may lead to job losses.
-Anti-dumping laws prevent unfair competition.
-National security requires that strategically important goods be produced domestically.
-Trade should not enable foreign firms to skirt U.S. regulations.
-Protection can help infant industries develop.
c. "You should not buy a car from Nissan or BMW! You are putting people here out of a job."
-Foreign competition may lead to job losses.
-Anti-dumping laws prevent unfair competition.
-National security requires that strategically important goods be produced domestically.
-Trade should not enable foreign firms to skirt U.S. regulations.
-Protection can help infant industries develop.
Answer:
a. "Foreign manufacturers are offloading their cheap cars onto the U.S. market. We should stop this so that consumers have access to higher-quality U.S. cars."
-Anti-dumping laws prevent unfair competition.
DUMPING REFERS TO GOVERNMENTS SUBSIDIZING EXPORTS IN ORDER TO LOWER THEIR PRICES. THIS IS AN ILLEGAL PRACTICE NOT ACCEPTED BY THE WORLD TRADE ORGANIZATION.
b. "We must foster the innovation of small car companies, like Tesla. Allowing foreign electric vehicle manufacturers to sell cars in the U.S. will eliminate any chance of creating those cars domestically."
-Protection can help infant industries develop.
EVEN THOUGH CAR ARE MANUFACTURED IN THE US SINCE MANY YEARS AGO, TESLA AND OTHER ELECTRIC CAR MANUFACTURERS ARE STILL AN INFANT INDUSTRY.
c. "You should not buy a car from Nissan or BMW! You are putting people here out of a job."
-Foreign competition may lead to job losses.
JOBS MAY BE AT RISK WHEN A DOMESTICALLY PRODUCED GOOD IS REPLACED BY AN IMPORTED GOOD
Consider the following information related to Honor Inc.:
Common stock at the beginning of the year$8,000Common stock issued during the year$2,000Net income for the year$5,200Dividends paid during the year$3,800 Which of the following is the accurate way of reporting the common stock and retained earnings on the statement of stockholders' equity at the end of the year?
a. $11,400 is shown as common stock, and $0 is shown as retained earnings.
b. $8,000 is shown as common stock, and $5,200 is shown as retained earnings.
c. $10,000 is shown as common stock, and $5,200 is shown as retained earnings.
d. $10,000 is shown as common stock, and $1,400 is shown as retained earnings.
Answer:
Honor Inc.
The accurate way of reporting the common stock and retained earnings on the statement of stockholders' equity at the end of the year is:
d. $10,000 is shown as common stock, and $1,400 is shown as retained earnings.
Explanation:
a) Data and Calculations:
Common stock at the beginning of the year $8,000
Common stock issued during the year $2,000
Common stock at the ending of the year $10,000 (8,000 + $2,000)
Net income for the year $5,200
Dividends paid during the year$3,800
Retained Earnings $1,400 ($5,200 - $3,800)
b) Honor's common stock increased from $8,000 to $10,000. The dividends paid during the year reduced the amount of the Retained Earnings.
If the price of imports rose, caused by a change in the value
of the pound then the AS would shift to the:
Select one:
a. None of the above
b. right
C. left
d. vertically
= left
Descriptive account does not capture all that is involved. (T/F)true or false
Answer:
truee..................
Many sources include both factual and analytical information. The factual information allows you to judge how credible the analysis in the source is.
a. True
b. False
Answer:
true
Explanation:
include both factual and analytical information, given statement is true because The factual information source allows you to determine how reliable the analysis is, depending on whether another source has the same content or equivalent. so correct answer is a. True1.1) The beta coefficient of Gans Ltd share is 0.9 and Handy Ltd share S has a beta of
1.8. The expected return on an average stock is 10%, the risk free rate is 4%. By how much
does the required return on the riskier stock exceed the required return on the less risky
stock?
You are given the following information on Daffy Ltd share and are required to answer the
questions that follow
State of economy
Boom
Normal
Bust
Probability
0.25
0.40
0.35
Return(%)
18
5
(2)
The risk free rate of interest is 4%, the return on the market is 10% and the beta of the firm is
1.2.
a) Calculate the expected return.
b) Calculate the required retum.
c) Explain whether the above asset should be purchased
Answer:
1. The riskier stock is the one with the higher beta which is Handy Ltd.
Use CAPM to calculate the required return on both stocks. The formula is:
Required return = Risk free rate + beta * (market return - risk free rate)
Gans Ltd Stock Handy Ltd Stock
= 4% + 0.9 * ( 10% - 4%) = 4% + 1.8 * (10% - 4%)
= 9.4% = 14.8%
Difference = 14.8 - 9.4
= 5.4%
2. a. Expected return
Expected return is a weighted average of the returns given the probability of the different state of economies.
= (0.25 * 18%) + (0.4 * 5%) + (0.35 * -2%)
= 0.045 + 0.02 - 0.007
= 5.8%
b. Required return
Using CAPM like in question 1:
Required return = Risk free rate + beta * (market return - risk free rate)
= 4% + 1.2 * ( 10% - 4%)
= 11.2%
c. The asset should not be purchased because its expected return is lower than its required return. This means that the stock is not providing enough return for the risk incurred.
want more points?//.?
Answer:
Yes Please
Explanation:
So I can get more help in school since I'm failing.
Answer:
thx
Explanation:
Trends that have contributed to the recent increase in eating disorders in the United States include a(n): a. More competitive workplace b. Increase in the number of divorces c. Focus on being thin as a measure of attractiveness d. Increase in the number of nonnutritional foods consumed ANS: C In most modern societies, a high value is placed on a slim body.
Answer:
The answer is "Option C".
Explanation:
In the US, mental illnesses have increasingly been on the rise, including patterns that are highly valuable in most modern societies. Anorexia and bipolar disorder are also included. These are complicated, severe but potentially destructive. These are also the result of a complex confluence of things such as biology, cell biology, sociology, culture, and the environment.
While external factors and internal factors often influence decisions on the individual level, the utilization of logic as a decision-making perspective is best defined as
Answer:
Normative.
Explanation:
Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment. The informations acquired through environmental scanning is then used by the executive management in strategically planning the organisation's future and exploitation of available opportunities for the success of the organization.
The internal environmental scanning offers an organization strength and weakness while the external environmental scanning provides information about opportunities and threats.
Generally, the external environmental scanning gives an overview of the opportunities in the market as well as potential threats to an organization.
Hence, while external factors and internal factors often influence decisions on the individual level, the utilization of logic as a decision-making perspective is best defined as normative. Thus, it is mainly associated with morality and preventing negativity or things considered bad.
What is a marginal tax rate?
the actual percentage of federal tax paid
the highest percentage of federal tax paid
the lowest percentage of federal tax paid
the rate difference between joint and single filers
Answer:
the highest percentage of federal tax paid
Explanation:
The marginal tax rate implies the highest tax rate applicable in a progressive tax system. It is the tax rate imposed on extra income. In a progressive tax system like the one used in the US, the tax rate rises as income increases. The marginal tax rate is the increased tax rate paid on the extra dollar earned.
The marginal tax rate is, therefore, the highest percentage of federal tax paid.
J.D. Power and Associates surveys new automobile owners to learn about the quality of recently purchased vehicles. The following questions were asked in the J.D. Power Initial Quality Survey, May 2012?
a. Did you purchase or lease the vehicle?
b. What price did you pay?
c. What is the overall attractiveness of your vehicle's exterior? (Unacceptable, Average,
Outstanding, or Truly Exceptional)
d. What is your average miles-per-gallon?
e. What is your overall rating of your new vehicle? (l- to 10-point scale with 1 Unacceptable and 10 Truly Exceptional)
Comment on whether each question provides categorical or quantitative data.
Answer:
a. Did you purchase or lease the vehicle? CATEGORICAL DATA
b. What price did you pay? QUANTITATIVE DATA
c. What is the overall attractiveness of your vehicle's exterior? (Unacceptable, Average, Outstanding, or Truly Exceptional) CATEGORICAL DATA
d. What is your average miles-per-gallon? QUANTITATIVE DATA
e. What is your overall rating of your new vehicle? (l- to 10-point scale with 1 Unacceptable and 10 Truly Exceptional) QUANTITATIVE DATA
Explanation:
Quantitative data can be measured in numbers, e.g. 20 miles per gallon. While categorical data refers to non-numerical responses, e.g. higher quality, better looks, and is generally obtained by choosing one response from a group of available answers.
5. Which commandment of computer ethics is violated on doing the following:
a) Hacking b) Software piracy c) Computer Virus
the answer is by hacking
Pedregon Corporation has provided the following information: Cost per UnitCost per Period Direct materials$ 6.35 Direct labor$ 3.75 Variable manufacturing overhead$ 1.50 Fixed manufacturing overhead $ 15,000 Sales commissions$ 0.50 Variable administrative expense$ 0.55 Fixed selling and administrative expense $ 4,500 If the selling price is $20.60 per unit, the contribution margin per unit sold is closest to:
Answer:
$ 7.95
Explanation:
Calculation for what the contribution margin per unit sold is closest to:
Sales price$ 20.60
Less: VARIABLE COSTS
Direct material$ 6.35
Direct labor$ 3.75
Variable manufacturing overheads$ 1.50
Sales commission$ 0.50
Variable admin expenses$ 0.55
Total Variable costs$ 12.65
Contribution margin$ 7.95
($20.60-$12.65)
Therefore the the contribution margin per unit sold is closest to:$ 7.95
Which of the following would cause the supply curve for t-shirts to shift left?
A: The price of cotton increases by 20%.
B: Laborers at a t-shirt factory agree to reduced wages.
C: T-Shirts become more fashionable amongst teenagers.
D: A new printing machine screen prints t-shirts at an increased rate.
1. What are the three key assets that Walmart can leverage (build on) to compete with Amazon and other online retailers
Answer:
The 3 important assets that Walmart can be used to remain competitive with Amazon have been listed below.
Explanation:
Driven by the increasing utilization of internet shopping, retail chains, together with Walmart, were concerned about its business model. However, as Walmart is still in a safe stance and has been for some moment, it could be said that this same corporation does have some methodologies to encourage Amazon, its biggest throughout the world corporation.
Walmart seems to have the biggest independent water channel transportation system. It would have the fastest-growing traditional retail stores across the U.S. Just because of this, this has become a density. Also, this same strategy will enhance the percentage of warehouses and therefore a retail distribution channel.The three key assets that Walmart can leverage (build on) to compete with Amazon and other online retailers are:
Employee: Making a good and large investment of time, training and money in educating, developing and managing its employees will give them a good advantage over AmazonTheir chains of stores: Walmart believes that their over 40,000 chains of stores as one of their key asset. the improvement of the interior and exterior of the stores, coordination and management will be a good advantage also.Walmart’s e-commerce: This is a major key asset of Walmat. Developing their e-commerce strategy to the best-in-class e-commerce and linking it with the assets of the retail organization can take them higher.
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Based on a reading of the following, which law led to the establishment of the agency that monitors food and drugs and
has the power to recall products?
Clayton Act of 1914
o Federal Food and Drug Act of 1906
o Consumer Product Safety Act of 1972
o Federal Trade Act of 1914
Answer:
Consumer Product Safety Act of 1972
Explanation:
Answer:
Federal Food and Drug Act
Explanation:
Identify five key indicators of performance (KPIs) for Amazon. Explain why you selected the five KPIs. Identify five KPIs that are not present in Amazon’s financial statements but that you believe are important to consider when making a decision about whether to invest in Amazon
The correct answer to this open question is the following.
Without further reference or text, we can say the following.
The five key indicators of performance (KPIs) for Amazon are the following.
1.- Sales. It is a basic indicator not only for Amazon but for every retail company.
2.- Revenue. A basic indicator that must be part of the statements to know how much the company is selling.
3.- Inventory. A fundamental indicator to know the rotation of products in real-time to always have the proper number of goods ready to be shipped.
4.- Order Fulfilling. To know if Amazon is delivering its promise of sending the goods on time.
5.- Customer Service claims. To seize the opinion of clients that use the e-commerce service.
The five KPIs that are not present in Amazon’s financial statements but that you believe are important to consider when making a decision about whether to invest in Amazon would be:
1.- Conversion rates.
2.- Speed of processing an order until is delivered.
3.- Reviews from customers and other ratings.
4.- Data of how Amazon is doing in the stock exchange.
5.- Competitors' performance, pricing, and reputation.
Foundation
QUESTION 8 / 10
Which of the following statements is TRUE about payday loans?
Answer:
what are the answer choices
Suppose a country's productivity last year was 84. If this country's productivity growth rate of 5 percent is to be maintained, this means that this year's productivity will have to be:
Answer:
88.2
Explanation:
Calculation for what the year's productivity will have to be:
Year's productivity=(84*(1+0.05))
Year's productivity=(84 * 1.05)
Year's productivity=88.2
Therefore this means that this year's productivity will have to be:88.2
Select the correct answer.
Student council requires that you be able to lead already.
A True
B. False
Answer:
A. True
Explanation:
In order to be on student council, you must already know how to lead. Student council isn't you learn to lead. It's meant to show others how to lead.
Answer:
A. True!
Explanation:
Student council requires you to already know how to lead because they are not going to teach you!
Which of Kant's basic human rights is violated when a supervisor requires an employee to do something that is unsafe or environmentally damaging, in spite of the employee clearly objecting to the order
Answer: freedom of conscience
Explanation:
Kant's basic human rights that is violated when a supervisor requires an employee to do something that is unsafe despite the fact that he objected us referred to as freedom of conscience.
Freedom of conscience is also referred to as the freedom of thought and it simply means that an individual has the freedom to have their own thoughts and be able to consider a fact irrespective of the viewpoint of others.
Sheridan Company purchased 70 Rinehart Company 5%, 10-year, $1,900 bonds on January 1, 2020, for $133,000. The bonds pay interest annually on January 1. On January 1, 2021, after receipt of interest, Sheridan Company sold 40 of the bonds for $73,150.
Required:
Prepare the journal entries to record the transactions described above.
Answer:
Date Account Details Debit Credit
Jan. 1, 2020 Debt Investment $133,000
Cash $133,000
Date Account Details Debit Credit
Dec. 1, 2020 Interest Receivable $6,650
Interest revenue $6,650
= 133,000 * 5%
= $6,650
Date Account Details Debit Credit
Jan. 1, 2021 Cash $6,650
Interest receivable $6,650
Date Account Details Debit Credit
Jan. 1, 2021 Cash $73,150
Loss on sale of investment $2,850
Debt investment $76,000
40 bonds are supposed to be:
= 40 * 1,900 = $76,000
Loss = 76,000 - 73,150 = $2,850
supplied goods costing
RS. 600 to mohan and
issued invoice at 10%
above cost and allowed
5% discount.
Answer:
Dr Mohan account 627
Cr Sales 627
Explanation:
Preparation of Journal entry
If the amount of RS. 600 is the goods costing that was supplied to mohan in which the issued invoice is 10% above cost with a 5% discounts the First step will be to calculate the Invoice price.
Calculation of the invoice price
Invoice price=[600+10%*600)+[5%*(600+10%*600)]
Invoice price=(600+60)-[5%*(600+60)]
Invoice price=660-(5%*660)
Invoice price=660-33
Invoice price=627
Now let prepare the Journal entry
Dr Mohan account 627
Cr Sales 627
(Being to record good sold to Mohan)
Consider the following transactions. Receive cash from customers, $16,000. Pay cash for employee salaries, $10,000. Pay cash for rent, $4,000. Receive cash from sale of equipment, $9,000. Pay cash for utilities, $2,000. Receive cash from a bank loan, $5,000. Pay cash for advertising, $8,000. Purchase supplies on account, $4,000.
Answer:
The ending balance is $22,000.
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question as follows:
Consider the following transactions. Receive cash from customers, $16,000. Pay cash for employee salaries, $10,000. Pay cash for rent, $4,000. Receive cash from sale of equipment, $9,000. Pay cash for utilities, $2,000. Receive cash from a bank loan, $5,000. Pay cash for advertising, $8,000. Purchase supplies on account, $4,000.
Required: Post transactions to the Cash T-account and calculate the ending balance. The beginning balance in the Cash T-accow1t is $16,000.
The answer to the question is now given as follows:
In the Cash T-account, only transactions involving cash receipts and payments are recorded. While cash receipts are posted on the debit side, cash payments are posted on the credit side of the Cash T-account. The difference between the total of the debit side and the credit side of the Cash T-account gives the ending balance.
Note: See the attached excel file for Preparation of Cash T-Account and Calculation of the ending balance.
In the attached excel file, the ending balance is $22,000.
Note that "Purchase supplies on account, $4,000" is not included in the Cash T-account because it is not a cash transaction.
Hakara Company has been using direct labor costs as the basis for assigning overhead to its many products. Under this allocation system product A has been assigned overhead of $2.82 per unit while product B has been assigned $13.58 per unit. Management feels that an ABC system will provide a more accurate allocation of the overhead costs and has collected the following cost pool and cost driver information:
Cost Pools Activity Costs Cost Driver Driver Consumption
Machine setup $ 158,000 Setup hours 2,000
Materials handling 112,000 Pounds of materials 16,000
Electric power 25,000 Kilowatt-hours 25,000
The following cost information pertains to the production of A and B, just two of its many products:
A B
Number of units produced 5,000 10,000
Direct materials cost $32,000 $41,000
Direct labor cost $41,000 $38,000
Number of setup hours 100 200
Pounds of materials used 1,000 1,000
Kilowatt-hours 2,000 4,000
Use activity-based costing to determine a unit cost for each product. (Round your final answers to 2 decimal places.)
Answer:
Unitary cost A : $17.98
Unitary cost B : $10.58
Explanation:
First, we need to calculate the predetermined overhead rate for each activity.
The predetermined manufacturing overhead rate = Total estimated overhead costs for the period / Total amount of allocation base
Machine setup
= 158,000/2,000
= $79 per setup hour
Materials handling
= 112,000/16,00
= $7 per pound
Electric power
= 25,000/25,000
= $1 per kilowatt.
Now, we can allocate overhead to each product
Allocated MOH = Estimated manufacturing overhead rate × Actual amount of allocation base
Product A
Machine setup
= $79 × 100
= $7,900
Materials handling
= $7 × 1,000
= $7,000
Electric power
= $1 × 2,000
= $2,000
Total = $16,900
Product B
Machine setup
= $79 × 200
= $15,800
Materials handling
= $7 × 1,000
= $7,000
Electric power
= $1 × 4,000
= $4,000
Total = $26,800
Finally, the total cost and the unitary cost
Product A.
Total cost
= Direct materials + Direct labor + Allocated MOH
= $32,000 + $41,000 + $16,900
= $89,900
Unitary cost
= Total cost/Number of units produced.
= $89,900/5,000
= $17.98
Product B
Total cost
= Direct materials + Direct labor + Total allocated MOH
= $41,000 + $38,000 + $26,800
= $105,800
Unitary cost
= Total cost/Number of units produced
= $105,800/10,000
= $10.58
Assume that you are in the 25% marginal tax bracket and that you have $50,000 to invest. You have narrowed your investment choices down to municipal bonds yielding 7% or equally risky corporate bonds with a yield of 10%. Which one should you choose and why
Answer: The corporate bond yield of 10% should be chosen
Explanation:
Based on the information given, we should note that the municipal bond will yield 7% and the corporate bind will yield an after tax of
= 10% × (1 - 25%)
= 10% × 75%
= 750%
= 7.50.
Therefore, we can see that the after tax yield of the corporate bond is higher and therefore should be chosen
Which of these is an advantage of checking accounts?
Checking accounts prevent the customer from having overdraft fees.
Checking accounts allow convenient ways to deposit or withdraw funds.
Checking accounts are processed immediately so customer and bank records always match.
Checking accounts offer limited checks but offer higher rates of interest.
Answer:
Checking accounts allow convenient ways to deposit or withdraw funds.
Explanation:
Checking accounts do not have restrictions on the number of withdrawals and deposits that a customer can make. It means one can withdraw and deposit as many times as they want.
The money saves in a savings accounts is considered risk free. The probability of losing the money is negligible. For this reason, a checking account offers a safe and convenient way of depositing and withdrawing.
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A service company has which of the following costs.
a. Direct materials
b. Overhead costs
c. Product costs
d. Expensed in the period incurred
Answer:
b. overhead costs
Explanation:
A service company is one that creates revenue by offering services rather than vending physical products.
Overhead costs are business costs that cater to the day to day running of the business. In the case of a service company, overhead costs are usually fixed and the include some of the following:
UtilitiesTravelAdvertisingOffice suppliesAdvertising costSalariesoverhead cost
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