Answer:
False
Explanation:
The Association of Southeast Asian Nations (ASEAN) is a regional economic block made up of 11 southeast Asian countries. The block's primary objectives are to promote economic, cultural, and social integration among the member countries. Members of ASEAN are Brunei, Burma (Myanmar), Cambodia, Timor-Leste, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam.
Singapore, Britain, and Japan are not members of ASEAN. ASEAN is a regional body and Britain is not is Asian.
the vikings company, based in minnesota, is committed to training new employees. assuming the company uses the incremental learning curve method, what is the total labor cost for 4 jobs
Answer:
$19,500
Explanation:
The complete question is: "Each time the Company hires a new employee, it must wait for some period of time before the employee can meet production standards. New employees are paid $150 per hour. Management is unsure of the learning curve in its operation, but it knows the first job by a new employee takes 40 hours and the second and third job take 32 and 28 hours respectively. Assume all jobs to be equal in size. Assuming that the company uses the incremental learning curve method, the total labor cost for 4 units will be closest to?"
The first job takes 40 hours.
The next job takes 32 hours.
So, the total hours for first 2 jobs = 40 hours+ 32 hours= 72 hours
Average hours for first 2 jobs = 72 hours / 2 = 36 hours. Learning curve percentage = 36 hours / 40 hours = 0.9 = 90%
So, the average for 4 jobs (double of 2 jobs) shall be 36*90% = 32.40 hours. Hence, Total hours for 4 jobs = 32.40 hours * 4 = 129.60 hours ≅ 130 hours. So, the total labor cost for 4 jobs = 130 hours * $150 per hours = $19,500
Which is the best answer choice for the question? To be deductible as the cost of special work clothing or uniforms: a. The clothing must not be suitable for everyday use and must be required as a condition of the job. b. The clothing must be required as a condition of the job, but can also be suitable for everyday use. c. The clothing need not be required as a condition of the job, but must not be suitable for everyday use. d. Only the cost of the clothing is included; upkeep is not deductible.
Answer:
a. The clothing must not be suitable for everyday use and must be required as a condition of the job.
Explanation:
For the cost of special work clothes or uniforms to be deductible by the IRS, there must be a number of requirements, it is necessary that work clothes are required as a working condition and that the clothes are used only in the work environment, and not for the employee's personal use.
It is also necessary that the uniforms guarantee the conditions in accordance with the function performed, adding protection instruments when necessary for the health and safety of the employee, in addition, the costs with work clothes can be deductible when they present company logos by example, attesting that such clothing is not for personal use outside the workplace.
If the inflation rate in the United States is greater than the inflation rate in Britain, other things held constant, the British pound will a. appreciate against the U.S. dollar. b. appreciate against the dollar and other major currencies. c. remain unchanged against the U.S. dollar. d. appreciate against other major currencies. e. depreciate against the U.S. dollar.
Answer:
a. appreciate against the U.S. dollar.
Explanation:
Using relative purchase power parity as example for explanation. Assume, the US inflation rate is 4 percent, the British inflation rate is 2 percent, and the current exchange rate is £0.60 to US$1.
The British inflation rate is 2% lower than the US inflation rate, so the British currency will appreciate by 2% against the US currency. So the exchange rate will be £0.60*0.98 = 0.588 to US$
Your forecast shows $500,000 annually in sales for each of the next 3 years. If your second and third year predictions have failed to incorporate the 3% expected annual inflation, how far off in total dollar sales is your 3-year forecast
Answer:
$45,450
Explanation:
your first year sales should be $500,000
your second year sales should be $500,000 x 1.03 = $515,000
your third year sales should be $515,000 x 1.03 = $530,450
total sales = $1,545,450
since you previously budgeted $1,500,000 in sales for the 3 years, you were off by $45,450
Prepare the general journal entries for the following transactions. 20-a Jan. 2 Purchased land with a building on it for $750,000. The land is worth $300,000. Paid $150,000 down and signed a mortgage to be paid over 20 years. Dec. 31 Depreciation is computed using the straight-line method. The building has an estimated salvage value of $75,000 and an estimated life of 20 years. 20-b Jul. 1 The building and the land are sold for $825,000 cash. If an amount box does not require an entry, leave it blank.
Answer:
Journal Entries:
Jan. 2:
Debit Land $300,000
Debit Building $450,000
Credit Cash $150,000
Credit Mortgage $600,000
To record the purchase of land and building.
December 31:
Debit Depreciation Expense on Building $18,750
Credit Accumulated Depreciation $18,750
To record the depreciation expense for the year.
July 1:
Debit Depreciation Expense on Building $9,375
Credit Accumulated Depreciation $9,375
To record depreciation expense for six months.
Debit Cash Account $825,000
Credit Sale of Land $330,000
Credit Sale of Building $495,000
To record the sale of the land and building for cash.
Debit Sale of Land $300,000
Debit Sale of Building $450,000
Credit Land $300,000
Credit Building $450,000
To close the accounts to the sale of asset accounts.
Debit Accumulated Depreciation $28,125
Credit Sale of Building $28,125
To close the accumulated depreciation account.
Explanation:
a) Data and Calculations:
Jan. 2
Cost of purchased land with building = $750,000
Value of the land = $300,000
Value of the building = $450,000 ($750,000 - $300,000)
Ratio of land to building = 4:6
Payment made on the purchase = $150,000
Allocation of payment:
Land = $60,000 ($150,000 * 0.4)
Building = $90,000 ($150,000 * 0.6)
Mortgage signed = $600,000
Allocation of Mortgage:
Land = $240,000 ($600,000 * 0.4)
Building = $360,000 ($600,000 * 0.6)
Method of depreciation = straight-line
Salvage value of building = $75,000
Estimated life of building = 20 years
Depreciable amount of building = $375,000 ($450,000 - $75,000)
Depreciation expense per year = $18,750 ($375,000/20)
Depreciation expense for six months = $9,375 ($18,750/12 * 6)
July 1: Sale of building and land = $825,000
Allocation of sale proceeds:
Building = $495,000 ($825,000 * 0.6)
Land = $330,000 ($825,000 * 0.4)
When determining whom might be affected by a business decision it is important to go beyond the obvious in identifying _____________.
Answer: stakeholders
Explanation:
Stakeholders simply refers to an economic entity which could be an individual or an organization that is interested in a particular project or organization and can be impacted by the activities of such organization.
It should be noted that the main stakeholders in an organization are the investors, customers, the employees, and the suppliers. Therefore, the answer to the question is stakeholders.
does anyone know how combined shipping works on eBay?
do u take the original price, for example $6.00 and $6.00 and add that buy the combined shipping given by the seller, for example $4.80? and that’ll be the total?
if I got anything wrong, correct plz - thanks!
Answer:
I have no idea because I don't shop on ebay I shop on Amazon.
Explanation:
A Company had beginning retained earnings of $190,000, net income of $52,000, and
dividends of $52,000. The ending retained earnings is;
Answer:
$190,000
Explanation:
Retained earnings are the profits not distributed to shareholders as dividends. In a given period, retained earnings will be the difference between profits and dividends.
I.e., retained earning = profits - dividends.
Therefore, Ending retained earning can be calculated as
Beginning retained earning + profits - dividends.
In this case
retained earnings = $190,000 + $52,000 - $52,000
=$242,000 - $52,000
=$190,000
Eeeee I need help siks djnakwidbdh
Answer: skits?
Explanation:
How are technology and technical profession related ? use example to write answer
Answer:
Technician and technologist are two different terms. However, these two terms are interrelated. ... A technician has a good knowledge of the general principles of the field he is in, whereas, a technologist is a person who is completely aware of various technologies. A technician works under a technologist.
Answer:
techonology is a term wher technical profession are the jobs in which a person is technically and professionally expert . for eg:an bank network is a techonolgy but the seat for the controller of this network is technical profession.
Your résumé/CV is an essential component of your professional portfolio. How is it used to convey your professional identity prior to the job interview?
Answer:
The interpretation including its respondent is characterized throughout the explanation section following the table.
Explanation:
Anyone's Resume might become having a great individuality once you have been currently going to interview. It characterizes someone's professional qualification, affords an appearance of each other something to the potential future interview process, includes information of someone's strong points, susceptibility as well as relevant qualifications, but instead provides information of your interest and even some knowledge and insight into clients style of writing public persona.The above, benefit of the entire, includes an explanation but instead encourages others to check whether or not you meet their expectations or even just their advocacy group. Descriptions seem to be about yourself, your qualifications, visibility, and personal traits.Select the correct answer.
Democratic leaders balance leadership and respect for employees.
A. True
B. False
Answer:
True
Explanation:
At December 31, 2017 (the end of the fiscal year), Grouper Corporation owes $1,720,000 on a note payable due January 31, 2018. If Grouper refinances the obligation by issuing a long-term note on February 20, 2018 and using the proceeds to pay off the note due January 31, how much of the $1,720,000 should be reported as a current liability at December 31, 2017
Answer:
Nil or $0
Explanation:
The entire amount of $1,720,000 should be reported as long term liability, as the both the criteria of intent and ability are met. The second note (long term note) was issued to repay the first one. It is presumed the firm did not have enough current assets to pay the first note and that the second note is made before the issue of the balance sheet. So, the amount to be reported as current liability is "nil".
Assets and liabilities at the beginning of the period were $100,000 and $60,000, respectively. Assets and liabilities at the end of the period were $175,000 and $105,000, respectively. Withdrawals by the owner during the period were $15,000 and there was no investment by the owner during the period. The income during the period was
Answer:
$45,000
Explanation:
The computation of the income during the period is shown below:
Beginning stock holder equity
= $100,000 - $60,000
= $40,000
And, the ending stockholder equity is
= $175,000 - $105,000
= $70,000
Now the net income is
As we know that
Net income = Ending balance + withdrawls - opening balance
= $70,000 + $15,000 - $40,000
= $45,000
Which of the following is typically not a good place to find a deal
you need to attach a picture so people can see the choices
Suppose you win a small lottery and have the choice of two ways to be paid: You can accept the money in a lump sum or in a series of payments over time. If you pick the lump sum payout, you get $3,000 today. If you pick the payments over time payout, you get three payments: $1,000 today, $1,000 one year from today, and $1,000 two years from today.
At an interest rate of 6% per year, the winner would be better off accepting the ________ , since it has the greater present value.
At an interest rate of 9% per year, the winner would be better off accepting ________ , since it has the greater present value.
Years after you win the lottery, a friend in another country calls to ask your advice. By wild coincidence, she has just won another lottery with the same payout schemes. She must make a quick decision about whether to collect her money under the lump sum or the payments over time. What is the best advice to give your friend?
a. The lump sum is always better.
b. The payments over time are always better.
c. It will depend on the interest rate; advise her to get a calculator.
d. None of these answers is good advice.
Answer:
Part 1:
At an interest rate of 6% per year, the winner would be better off accepting the lump sum, since it has the greater present value.
At an interest rate of 9% per year, the winner would be better off accepting lump sum, since it has the greater
Part 2:
a. The lump sum is always better.
Explanation:
This question can be answered in two parts as follows:
Part 1: Decision to accept lump sum or series of payment
This can be deteermined using the present values of both forms of payments.
Present value of the lump sum = $3,000
Present values of the series of payment at 6% and 9%
Since the amount to receive is an equal amount of $1,000 annually, we use the formula for calculating the present value of an ordinary annuity as follows:
PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)
Where;
PV = Present value =?
P = Annual receipt payment = $1,000
r = Interest rate = as given
n = number of years = 3
Substitute the values into equation (1), we have:
PV of series of payment at 6% annual interest = $1,000 * ((1 - (1 / (1 + 6%))^3) / 6%) = $2,673.01
PV of series of payment at 9% annual interest = $1,000 * ((1 - (1 / (1 + 9%))^3) / 9%) = $2,531.29
Therefore, we have:
At an interest rate of 6% per year, the winner would be better off accepting the lump sum, since it has the greater present value.
At an interest rate of 9% per year, the winner would be better off accepting lump sum, since it has the greater
Part 2: Advising a friend
a. The lump sum is always better.
This is because the idea of a present value is that the worth of an amount of money today is more than the worth of the same amount in the future.
From part 1 above, future series of payment have to bee discouted at 6% and 9% and the present values are less than the lump sum using both interest rates. In addition, the higher the interest rate, the lower the present value.
Therefore, the lump sum is always better.
PuLL M5 ucides diu Sdles Omalom
Sales
Purchases
20 units at $110
20 units at $120
January:
February:
May:
November:
15 units
10 units at $130
Using the weighted average inventory costing method, what is the value of the cost of goods sold on May?
$2,650
B. $2,670
C. $4,240
$1,725
Answer:
d. $1,725
Explanation:
Note: The organized question is attached below
Cost of goods available for sale as on May
=> 20 * $110 = $2,200
=> 20 * $120 = $2,400
Total cost of goods available for sale = $2,200 + $2,400 = $4,600
Weighted average cost per unit = Cost of goods available for sale / Units in inventory
Weighted average cost per unit = $4,600 / (20 + 20)
Weighted average cost per unit = $4,600 / 40
Weighted average cost per unit = $115
Cost of goods sold by using weighted average method on May = Units sold * Weighted average cost per unit = 15 * $115 = $1,725
So therefore, the value of the cost of goods sold on May is $1,725
If the consumer gets 40 utils from buying four DVDs, 45 utils from buying five DVDs and 48 utils from buying six DVDs, then the consumer's marginal utility is: Group of answer choices decreasing. constant. increasing at an increasing rate. increasing.
Answer:
decreasing
Explanation:
Since in the question it is mentioned that of the consumer buy four DVds and he gets 40 utils and if he buy more he get more utils and so on so the utility of the consumer would be decreased in the case when he consumes more
Therefore as per the given situation the first option is correct
The same is considered and relevant too
8. How does working with other cultures affect stakeholders?
Answer:
In his recent Harvard Business Review blog post, Peter Bregman describes a scenario where a hopeful employee missed out on a promotion in part because he didn’t say thank you. I can only begin to imagine the employee’s disappointment over what appears to have been such a trivial oversight.
This example highlights the importance of having an appreciation for the corporate culture and the national culture of the organization and the stakeholders with which you are working. This appreciation of culture—including national culture—is of paramount importance on projects too.
Many projects today span organizations, countries, and time zones. Business analysts and project team members will be interacting with multiple stakeholders, potentially distributed all over the globe.
The reality—and this certainly won’t come as a surprise—is that different cultures are different. They have different values, norms, rituals, and expectations. This complex stakeholder landscape raises the risk of inadvertent misunderstandings, conflict, and culture clash.
When working with stakeholders to understand their needs and requirements, it’s essential to build rapport—and this requires empathy and understanding of differences in cultures.
One of the challenges is that while it’s easy to observe the culture of others, it’s often difficult to look introspectively and observe our own culture. I spent most of my childhood years in Britain, but I spent one year in the US. I remember subtle differences in language, as well as significant differences in culture. I remember my American friends were far more forthright and direct in their communication; we Brits tend to hide behind politeness and indirectness.
Neither is inherently better or worse—just different. However, the important point is that we tend to observe others through our own internalized cultural lens.
An important way to avoid culture clashes on projects is to focus on developing self awareness of culture—that is, to understand our own cultural identity and norms.
Professor Geert Hofstede has written and researched on cultural differences, and the Hofstede Centre website provides a useful reference point for understanding how your native culture compares with others, as well as how others might perceive your culture. Hofstede proposes a number of cultural dimensions on which cultures can be compared.
This is extremely useful to consider for projects that span countries and cultures—as different cultures have different attitudes toward authority, for example. This might affect how you elicit requirements. In a highly hierarchical culture, lower-ranking employees might not feel empowered to speak openly in front of their supervisors, and you may need to plan for this.
Whilst Hofstede’s research is extremely useful, it’s also beneficial to understand specific cultural norms and practices. It is well worth reading cultural guides so you can build an understanding of any specific cultural practices that might be important to your stakeholders. This kind of knowledge will help you avoid inadvertent cultural slip-ups.
For projects that span countries and nationalities, culture matters. Cultural research and self-awareness pay dividends.
Explanation:
...........
compare, contrast, and discuss the connections between the ever-changing global business environment and the changes in the dynamic and diverse workplace, including the challenges of global economics and social responsibility.
Explanation:
Globalization and new technologies have impacted social and economic relations around the world. The distances between countries have become shorter as a result of internet communication, in addition to the transport and flow of information, which occurs instantly in everyone today.
This new scenario enabled the expansion of businesses in search of profitability and cost reduction, companies opened new branches in different countries and diversified their work environment, making it multicultural, with workers of different cultures and values. This environment allows a very positive exchange for organizations, which achieve innovation and creativity through people with different worldviews.
Globalization has also impacted the way companies are perceived, they are no longer just profitable entities to become promoters of social and environmental responsibility, due to the way that society changes its consumption and interaction paradigms and encourages companies to adapt to continue meeting society's demand. The organizational image strengthened through social programs and reduction of environmental impact provides long-term competitive and strategic advantages for companies, such as attracting investors, greater value for stakeholders, continuous improvement, etc.
The following items are reported on a company's balance sheet: Cash $100,000 Marketable securities 50,000 Accounts receivable (net) 60,000 Inventory 70,000 Accounts payable 140,000 Determine (a) the current ratio and (b) the quick ratio. Round to one decimal place. a. Current ratio fill in the blank 1 b. Quick ratio fill in the blank 2
Answer:
a. 2.00
b. 1.50
Explanation:
The Current and Quick ratios are both liquidity ratios that are used to determine the ability of a company to pay off its current liabilities with current assets.
a. Current Ratio
= Current assets / Current liabilities
= (100,000 + 50,000 + 60,000 + 70,000) / 140,000
= 2.00
b. Quick ratio
= (Current assets - Inventory) / Current liabilities
= (100,000 + 50,000 + 60,000) / 140,000
= 1.50
if i work 3:30pm to 9:30pm how many hours did I work
Answer:
You worked 6 hours
Explanation:
Answer:
6 hrs
Explanation:
The liabilities of Oriole Company are $117,000 and the owner’s equity is $227,000. What is the amount of Oriole Company’s total assets?
Answer:
$344,000
Explanation:
Assets can be calculated by applying the accounting equations. In the accounting equations
Assets = Liabilities + Equity
In this case, liabilities are $117,000 and Equity is $227,000.
Therefore,
Assets = $117,000 + $227,000
Assets = $344,000
Yard Designs (YD) experienced the following events in Year 1, its first year of operation:
a. On October 1, Year 1, YD collected $26,400 for consulting services it agreed to provide during the next 12 months.
b. Adjusted the accounts to reflect the amount of consulting service revenue recognized in Year 1.
Required
Based on this information alone,
a. Record the events under an accounting equation.
b. Prepare an income statement, balance sheet, and statement of cash flows for the 2016 accounting period.
c. Ignoring all other future events, what is the amount of service revenue that would be recognized in 2017?
Answer:
a)
Assets Liabilities Equity Revenue Expenses Net income
26,400 26,400 0 0 0 0
6,600 -6,600 6,000 6,600 0 6,600
b) income statement
Revenues $6,600
Expenses $0
Net income $6,600
balance sheet
Assets
Cash $26,400
Total assets $26,400
Liabilities
Deferred revenue $19,800
Total liabilities $19,800
Equity
Retained earnings $6,600
Total equity $6,600
Total liabilities + equity $26,400
Statement of cash flows
Cash flows from operating activities:
Net income $6,600
Adjustments to net income
Increase in liabilities $19,800
Total cash flows from operating activities $26,400
Cash flows from investing activities $0
Cash flows from financing activities $0
Net increase in cash $26,400
Initial cash balance $0
Ending cash balance $26,400
c) revenue recognized during year 2 = $19,800
The explanation for why marginal cost is positive and rising in the short run is ________ marginal product of labor in the production process. A) a zero B) a constant C) an increasing D) a diminishing
Due to an increase in the marginal cost of production for more units than the marginal product of labor is increasing.
What is Marginal production?Marginal production is the additional production of units and additional input of labor over the expected production level. The cost incurred for the marginal production changes in total, but remain constant per unit of production.
There is a direct relationship between the marginal cost of production and the marginal product of labor.
Since the labor is the only variable input for the production and the marginal cost of production is diminishing, this means the cost of producing an additional unit of production is lower.
Thus, the reduction in the marginal cost will increase the marginal product of labor.
Learn more about marginal production here,
https://brainly.com/question/14039562
#SPJ2
On January 2, 2020, Vaughn Manufacturing began construction of a new citrus processing plant. The automated plant was finished and ready for use on September 30, 2021. Expenditures for the construction were as follows:
January 2, 2020 $ 599000
September 1, 2020 1801200
December 31, 2020 1801200
March 31, 2021 1801200
September 30, 2021 1220000
Vaughn Manufacturing borrowed $3230000 on a construction loan at 10% interest on January 2, 2020. This loan was outstanding during the construction period. The company also had $13680000 in 7% bonds outstanding in 2020 and 2021.
The interest capitalized for 2020 was:
a. $159600
b. $479060
c. $478800
d. $119940
Answer:
d. $119,940
Explanation:
We must first calculate the weighted accumulated expenditures 2020:
January $599,000 x 12/12 = $599,000 September $1,801,200 x 4/12 = $600,400 December $1,801,200 x 0/12 = $0total = $1,199,400capitalizable interests = $1,199,400 x 10% (interest rate of specific construction loan) = $119,940
you will consider other interest rates only if expenses are higher than the specific construction
state five ways a swot analysis can help in stategic planing
Answer:
Five ways a swot analysis can help in strategic planing:
1. It establishes the most relevant external threats that the company faces in the market.
2. It establishes the most relevant external opportunities that the company has in the market.
3. It establishes the most important internal strenghts that the company can take advantage of.
4. It establishes the most important internal weaknesses that the company should be wary of.
5. It matches these four elements, two at a time, in order to guide the strategic planning process.
A man invests his savings in two accounts, one paying 6% and the other paying 10% simple interest per year. He puts twice as much in the lower-yielding account because it is less risky. His annual interest is $2420 dollars. How much did he invest at each rate
Answer:
$11,000 - amount put in higher yielding account
$22,000 - amount he puts in the lower-yielding account
Explanation:
simple interest = principal x time x interest rate
Let x = amount he put in the higher yielding account
let 2x = amount he puts in the lower-yielding account
(2x x 0.06 x 1 ) + (x x 0.1 x 1) = $2420
0.12x + 0.1x = $2420
0.22x = $2420
x = 11,000 = amount he put in the higher yielding account
amount he puts in the lower-yielding account = 2x = 11,000 x 2 = $22,000
The owner of the business where you work has asked for your advice on restructuring the organization. You know that customer service is the cornerstone of the company. What do you recommend
Answer:
Flatter structures are appropriate for organizations that empower employees to solve customer problems.
Explanation:
These are the options for the question below;
✓A taller structure will improve the speed at which decisions are implemented.
✓Flatter structures are appropriate for organizations that empower employees to solve customer problems.
✓With a tall structure, supervisors can avoid hearing about customer complaints.
✓A flatter structure will further centralize decision making.
From the question, we are informed about an instance, where The owner of the business where i work has asked for your advice on restructuring the organization. Since I know that customer service is the cornerstone of the company. In this case I will recommend Flatter structures which is the best structure for organization that give empowerment to their employees in order to be able to solve problems associated with customers.
Flatter structure in an organization can be regarded as a structure that posses limited level of management or no level existing between the staff employee and the management of the organization. Flatter structure gives little supervision to the employees though it brings in their involvement when it comes to decision making
.
If a household's income rises by 30%, its budget constraint will A) shift out parallel to the old one. B) pivot at the Y-intercept. C) shift in parallel to the old one. D) be unaffected
Answer:
A
Explanation:
A budget constraint is a graph that shows all the combination of goods a consumer can consume given current prices and income of the consumer.
If income increases, the budget constraint will shift out parallel to the old
If income decreases, budget constraint will shift in parallel to the old one.
