Answer:
1. family fights, 2. kids not wanting to work at the family business, 3. lack of training, 4. pressure to hire family members, 1. hire other people that arent in the family, 2. convinve them to work there, 3. hire well trained people to train family, 4 hire them and see is they are good for the job or not and have themmstart at a easy position
Explanation:
Suppose the money supply in Country X is $44,000 and the nominal GDP is $88,000. Calculate the velocity of money. Round your answer to the nearest hundredth.
Answer:
Velocity of money = 2 unit
Explanation:
Given:
Supply in country X = $44,000
Nominal GDP = $88,000
Find:
Velocity of money
Computation:
Velocity of money = Nominal GDP / Money supply in country
Velocity of money = $88,000 / $44,000
Velocity of money = 2 unit
Higher fixed costs are associated with:_____.
1. higher operating leverage.
2. lower operating leverage.
3. increased risk.
4. lower risk.
a. 1 and 3.
b. 1 and 4.
c. 2 and 3.
d. 2 and 4.
Answer:
a. 1 and 3.
Explanation:
Given that the operating leverage of a business firm is a sum of its fixed cost and variable cost about the way the firm's cost of business is attributed.
In this case, when a business firm has a high fixed cost, it normally requires a high number of sales to earn more profits. This is termed as "higher operating leverage." This thereby leads such business firms to have "increased risk."
Hence, It is practically correct that in business operation that when a business firm has Higher fixed costs it is associated with "higher operating leverage and increased risk"
who would u vote for presedent
statefarm
trump
kanye
biden
Answer:
Statefarm
Explanation:
"And like good a neighbor, Statefarm is there."
Which of these is not an example of a trade restriction?
O A. Quotas
OB. Subsidies
C. Tariffs
D. Rationing
Out of the given option, the one that is not a trade restriction is the system of D. Rationing.
What are trade restrictions?These are methods that a nation uses to control the imports that it receives. They include quotas, tariffs and subsidies.
Rationing is used to reduce consumption and is usually used when trade is under threat and so cannot be a trade restriction.
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An employee earned $42,900 working for an employer in the current year. The current rate for FICA Social Security is 6.2% payable on earnings up to $128,400 maximum per year and the rate for FICA Medicare 1.45%. The employer's total FICA payroll tax for this employee is:A. $0, since the FICA tax is only deducted from an employee's pay.B. $2,659.80.C. $622.05.D. $6,563.70.E. $3,281.85.
Answer:
E. $3,281.85
Explanation:
The following are given in the question:
Employee earnings in the current year = $42,900
FICA Social Security = 6.2%
FICA Medicare = 1.45%
Since the employee earning is still below $128,400 maximum per year, the employer's total FICA payroll tax for this employee can be calculated as follows:
Total FICA payroll tax = Employee earnings in the current year * (FICA Social Security + FICA Medicare) .................... (1)
Substituting the values into equation (1), we have:
Total FICA payroll tax = $42,900 * (6.2% + 1.45%)
Total FICA payroll tax = $42,900 * 7.65%
Total FICA payroll tax = $3,281.85
Therefore, the correct option is E. $3,281.85.
When asset specificity is very high and there is market uncertainty, then it is best for a firm to:_______.
a) vertically integrate
b) use a short-term contract
c) engage in a strategic alliance
d) buy in the open market
Answer: vertically integrate
Explanation:
When asset specificity is very high and there is market uncertainty, then it is best for a firm to vertically integrate.
Vertical integration is simply when an organization or a particular business controls its suppliers. This will be beneficial as it'll help by improving efficiencies and in the reduction of costs.
Comparing perfect first degree price discrimination to perfect competition one can conclude that: (i) Total social surplus is the same in either case (ii) Consumer surplus is higher under perfect
A. Only (1) is true
B. Only (ii) is true
C. Both (i) and (ii) are true
D. Neither (i) nor (i) is true
Answer:
C. Both (i) and (ii) are true
Explanation:
Under perfect price discrimination, consumer surplus doesn't exist since the supplier is selling the good or service at the maximum price that each consumer is willing to pay. This situation maximizes supplier surplus.
Under perfect competition, both supplier and consumer surplus exist.
Since total social surplus = supplier surplus + consumer surplus, total surplus should be the same in both situations.
purchase day book contains what
Answer:
??????????????????/
Explanation:
Answer:
hold up what did you just say
Explanation:
Coronado Industries has $16000 of ending finished goods inventory as of December 31, 2013. If beginning finished goods inventory was $11000 and cost of goods sold was $46000, how much would Coronado report for cost of goods manufactured
Answer:
$51,000
Explanation:
Coronado industries has $16,000 of ending finished goods
The beginning finished goods inventory is $11,000
Cost of goods sold is $46,000
Therefore the cost of goods manufactured for Corona report can be calculated as follows
=$46,000+($16,000-$11,000)
= $46,000+$5,000
= $51,000
Therefore the cost of goods manufactured is $51,000
Synovec Corporation is expected to pay the following dividends over the next four years: $6.60, $17.60, $22.60, and $4.40. Afterward, the company pledges to maintain a constant 5.25 percent growth rate in dividends forever. If the required return on the stock is 7 percent, what is the current share price?
Answer: $245
Explanation:
If the required return on the stock is 7 percent, the current share price would be calculated as:
= 6.60/1.07 + 17.60/1.07^2 + 22.60/1.07^3 + 4.40/1.07^4 + [(4.4 × 1.0525) / (7%-5.25%)] / 1.07^4
= $245.23
= $245 approximately
Therefore, the current share price will be $245
Greg is the marketing manager of an apparel manufacturing company that specializes in winter wear. He personally visited the old age homes in which the company sponsored Christmas lunches, as part of its corporate social responsibility initiative. In the context of managerial roles, which of the following roles does Greg illustrate in this scenario?
If Greg is the marketing manager of an apparel manufacturing company that specializes in winter wear. In the context of managerial roles, the roles that Greg illustrate in this scenario is: figurehead role.
What is figurehead role?Figurehead role can be defined as the way in which a person that is known to be a leader in a organization has little or no power in the organization based on the fact that although the person is a leader, such person does not carryout the duty of a leader but engages in different tasks.
Based on the scenario Grey has a figurehead role due to the fact he is a marketing manager but at the same he personally visit the old age homes.
Therefore the roles that Greg illustrate in this scenario is: figurehead role.
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The complete question is:
Greg is the marketing manager of an apparel manufacturing company that specializes in winter wear. He personally visited the old age homes in which the company sponsored Christmas lunches, as part of its corporate social responsibility initiative. In the context of managerial roles, which of the following roles does Greg illustrate in this scenario?
a. leader role
b. monitor role
c. figurehead role
d. disseminator role
You purchased 240 shares of stock at a price of $37.92 per share. Over the last year, you have received total dividend income of $255. What is the dividend yield
Answer: 2.8%
Explanation:
Dividend yield is calculated as dividend per share divided by the price per share.
Dividend per share = 255/240 = $1.0625
Dividend yield = 1.0625/ 37.92
= 2.8%
The small country assumption is made in developing models of international trade because it applies to US markets.
a) True
b) False
Answer:
The small country assumption is made in developing models of international trade because it applies to US markets.
b) False
Explanation:
The small country assumption, which states that a country's imports are small compared to the world market's imports, such that when this country's imports are eliminated, no noticeable effect will be felt on the world demand for the product or the product's price, cannot be applied to the US markets. For example, the US markets are so large in proportion to the world's market demand for a product like crude oil that when the US does not import its share of the quantities of crude oil, the price of crude falls, and the quantity supplied overruns quantity demanded, causing market disequilibrium. This assumption cannot, therefore, be applied to the US markets.
The US market covers a large proportion of the world's imports and export. The statement for the consideration of the US as a small country in international trade is false.
What is a small country assumption?The small country assumption is defined as the consideration of the little contribution of the country to the international import. The lack of prohibition of imports to that country did do not rise much effect on international trade.
The US has been the largest group involved in international trade. It is the major importer of many products from the world. Thus, it can not be considered a small country assumption.
Hence, the given statement is false.
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Why might a company issue a product recall
Answer:
The product is defective
Explanation:
Answer:
A product is defective
Explanation:
Product recalls occur as a result of safety or quality concerns related to a manufacturing or design defect in a product that may harm its users. Recalls may negatively affect a company's stock as they are expensive and can damage a firm's reputation, leading to declining sales.
True or False: If you have enough money for it, marketing is something you can do to boost business a bit.
Answer: True
Explanation:
Marketing is one of the key elements for success in a modern business. A large number of companies spend huge amounts of money on marketing. The world's largest corporations have special departments in which a large number of people work in marketing. Therefore, investing in marketing is recommended if someone is trying to improve their own business,
Answer:
False.
Explanation:
I just did the quiz.
During 20X1, Eleanor earns $146,000 in wages as an employee of an accounting firm. She also earns $26,000 in gross income from an outside consulting service she operates. Deductible expenses paid in connection with the consulting service amount to $6,000. Eleanor also has a recognized long-term capital gain of $1,000 from the sale of a stock investment. She must pay a self-employment tax on:________
a. $145,000.
b. $144,000.
c. $31,000.
d. $30,000.
e. $24,000.
Answer:
$20,000
Explanation:
Calculation for self-employment tax payment
Using this formula
Self-employment tax=Gross income-Deductible expenses paid in
Let plug in the formula
Self-employment tax= $26,000-$6,000
Self-employment tax=$20,000
Therefore She must pay on self-employment tax on:$20,000
Aloha Inc. has 5 percent coupon bonds on the market that have 6 years left to maturity. If the YTM on these bonds is 6.52 percent, what is the current bond price? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)
Answer:
926.46
Explanation:
The approaches I have chosen in determining the current bond price are a financial calculator and excel formula approaches as shown thus:
Financial calculator:
N=6( number of annual coupons in 6 years left to maturity)
I/Y=6.52( the yield on the bond)
PMT=50 (annual coupon=face value*coupon rate=$1000*5%)
FV=1000( face value which is $1000)
CPT PV=-$926.46
Excel PV function:
=-pv(rate,nper,pmt,fv)
=-pv(6.52%,6,50,1000)=-$926.46
Identify and explain the components of management compensation and the tradeoffs that compensation designers make.
Incorrect/Incomplete question: Complete question read;
Which of the following statements correctly describes management compensation options?
A) Managers do not receive fixed salaries; instead their compensation is based on bonuses and incentives.
B) Perks (perquisites) were eliminated as part of the Sarbanes-Oxley Act.
C) Bonuses are typically awarded for meeting or achieving specific goals.
D) Stock options and awards are part of fixed salary compensation.
Answer:
C) Bonuses are typically awarded for meeting or achieving specific goals.
Explanation:
All the options above with the exception of option C rightly describes management compensation plans. Remember, the term compensation includes both cash and non-cash payments an employee may receive for performing their duties well.
Hence, managers may award certain bonuses (eg 5% salary bonuses, etc) to their employees for working diligently to meet specific goals (like meeting a sales target, new customer acquisition targets, etc).
A company with excess capacity must decide between scrapping or reworking units that do not pass inspection. The company has 16,000 defective units that cost $5.20 per unit to manufacture. The units can be a) sold as is for $2.80 each, or b) reworked for $4.80 each and then sold for the full price of $8.00 each.
Answer:
If the company reworks the units, income will increase by $6,400 (compare to sell them as-is).
Explanation:
Giving the following information:
The company has 16,000 defective units.
We will not take into account the original cost of the units. It is irrelevant to the decision making. It will remain constant in both options.
Option A:
Effect on income= 16,000*2.8= $44,800
Option B:
Effect on income= 16,000*(8 - 4.8)
Effect on income= $51,200
If the company reworks the units, income will increase by $6,400 (compare to sell them as-is).
Flyer Company sells a product in a competitive marketplace. Market analysis indicates that its product would probably sell at $48 per unit. Flyer management desires a 12.5% profit margin on sales. Flyer's current full cost for the product is $44 per unit.
A. What is the desired profit per unit?
B. In order to meet the new target cost, how much will the company have to cut costs per unit, if any?
C. What is the target cost of the company's product?
D. If the company cannot cut costs any lower than they already are, what would the profit margin on sales be to meet the market selling price?
Market selling price = $48 per unit
Cost price = $44
Profit = 48 - 44 = $4
Profit margin = profit/selling price x 100 4/48 x 100 = 8.333%
To obtain a 12.5% profit margin the costs would have to be cut to $42 or the selling price would have to rise to $50.29
Profit margin = profit/selling price
= (selling price - cost price)/(selling price)
12.5% = 6 / 48
= 48 - 42 / 48
= 0.125 12.5% =
6.29 / 50.29 = 50.29 - 44 / 50.29 = 0.12507
On January 1, 2022, Above Co. purchased a 30% interest in Below Co. An acquisition differential of $50,000 was identified and allocated to equipment, which had an estimated remaining useful life of 10 years. During 2022, Below Co. sold merchandise it had purchased for $60,000 to Above Co. for $100,000. At the end of 2022, Above Co. held 50% of this merchandise in its inventory. For 2022, Below Co. reported net income of $100,000 and paid dividends of $20,000. Both companies are subject to 40% tax rates.
If Above Co. uses the equity method to account for its investment in Below Co., how much investment income will it report in 2022?
Multiple Choice
o $13,000
o $17,000
o $21,400 - Need explanation for this answer. Thanks.
o $22,600
When Above Co. uses the equity method to account for its investment in Below Co., the investment income will it report in 2022 is C. $21,400.
What is equity method?With the equity method of accounting, the investment is initially recorded at cost and later modified to reflect changes in the investor's portion of the investee's net assets following the acquisition. By recording a portion of the earnings based on its ownership interest, an investor who uses the equity method merely acknowledges its share of the investee's gains and losses.
The value will be:
Net income = 100000 × 30% = 30000
Less: amortization = 50000/10 = 5000
Less: Holdback of unrealized profit = 3600
Investment = 21400
Therefore, the correct option is C.
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Sold clothing manufacturing equipment for $31,000. originally purchased the equipment for $95,000, and depreciation through the date of sale totaled $78,500. What was the gain or loss on the sale of the equipment?
Answer:
Gain= $14,500
Explanation:
First, we need to calculate the book value of the equipment:
Book value= purchase price - accumulated depreciation
Book value= 95,000 - 78,500
Book value= $16,500
If the selling price is higher than the book value, the company made a profit by selling the equipment.
Gain/loss= selling price - book value
Gain/loss= 31,000 - 16,500
Gain= $14,500
In your review of ABC Company's financials, you note that Receivables have increased approximately 200% from the previous year, while Cash has declined. Further investigation reveals that 70% of ABC's receivables were booked within 7 days of the end of the quarter. If financial statement fraud is involved, which type is most likely
Answer:
Fictitious revenues
Explanation:
The fictitious revenue is a revenue that do not belong to the organization but it would be added to the revenue section intentionally.
Therefore as per the given situation, in the case when the fraud is involved in the financial statement so this is a type of fictitious revnenues
hence, the same is to be considered
Melodic Music, Inc., recently offered bonds for sale to the public. The unsecured corporate bond paid interest of 8% to investors for the 20-year life of the bonds. Melodic Music is obligated to
Answer:
a. Pay the principal and interest at the date of maturity
Explanation:
Options are "Pay the principal and interest at the date of maturity, Pay each owner their principal if and when they want to cash-in their investment, Pay stockholders their dividends, before paying bondholders their interest, List each bondholder as an owner in the company."
Melodic Music is obligated to pay the principal and interest at maturity as it is the basic obligation of a bond issuer and it is what separates the bond from equity.
Why do you think Starbucks has been so concerned with social responsibility in its overall corporate strategy
Answer: See explanation
Explanation:
Social responsibility simply means that companies should do thing that benefit the society at large and look out for the welfare of the people in the society.
Starbucks has been so concerned with social responsibility in its overall corporate strategy because social responsibility will help to bolster the image of the company. Also, this will be required to help the company continue building its brand, improve customers satisfaction and also organization's productivity.
Answer each of the following questions based on this scenario:
A decrease in the supply of in building materials (shortage) means that construction companies cannot get enough materials to complete all their projects. The owners of construction companies in Fiction Town have a choice between these two options:
To lay off (temporarily fire) 10% of their least experienced workers.
To reduce the hours of all employees by 5 hours a week, meaning they will be paid for 5 fewer hours of work.
What happens to the average income of people who are employed as construction workers?
The owners of the companies make profit from the payments made on their construction projects. What happens to the income of the owners?
Assume that construction workers are counted as part of the average income in all of Fiction Town. What happens to the average income of people there? Why?
What happens to the average income of people who are employed as construction workers is reduced by 10 percent.
The owners of the companies make profit from the payments made on their construction projects. What happens to the income of the owners is a balance on the income of the owners of the companies and by extension, the owners have or experience an increase in the profit.
Assume that construction workers are counted as part of the average income in all of Fiction Town. What happens to the average income of people there is that there would be a reduction in the average income of the people of Fiction Town.
This is because, if the construction workers were fired, then there will be lesser workers to be counted as part of the average income. in the same vein, if the hours of all employees were to be reduced, then, their earnings will also be reduced and therefore will affect the average income of all Fiction Town.
What happens when hours of employees are reduced?When hours of employees are reduced, it decreases one's expenses and increases profits. Nevertheless, it may could result to lost sales or an exodus of employees. Reduction of workers' hours may resulted into a lost "opportunity cost" of lost sales. With reduction of employees' working hour, one may lose a potential sale to a competitor, especially provided the business climate suddenly improves.
Therefore, the correct answer are as given above. When hours of employees are reduced, it lowers one's operating expenses and raises profits.
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what things get selling more than another’s and why ?
Answer:
Either because they are in high demand or are advertised well
Explanation:
What do you understand by the term stakeholder?
Explanation:
stakeholder is a party that has an interest in a company and can either affect or be affected by the business. The primary stakeholders in a typical corporation are its investors, employees, customers, and suppliers, i hope this answer your question.
Webster Corporation's monthly projected general and administrative expenses include $4,100 administrative salaries, $1,500 of other cash administrative expenses, $2,300 of depreciation expense on the administrative equipment, and .5% monthly interest on an outstanding bank loan of $29,000. Compute the total budgeted general and administrative expenses budget per month.
Answer:
$7,900
Explanation:
Computation for the total budgeted general and administrative expenses budget per month.
Monthly projected general and administrative expenses :
Arministrative salaries $4,100
Other cash administrative expenses $1,500
Depreciation expense on the administrative Equipment $2,300
Total budgeted general and administrative expenses budget per month $7,900
($4,100+$1,500+$2,300)
Therefore the total budgeted general and administrative expenses budget per month will be $7,900
GLE specializes in planning, implementing, and controlling the efficient and effective flow and storage of products and information from the point of origin to consumption to meet their clients' needs and wants. It also specializes in delivering transportation services for their clients. Due to GLE's efficiency in these areas, many firms outsource their core physical distribution activities to GLE. GLE is most likely to be a(n):________
a. manufacturers' agent
b. industrial distributor
c. third-party logistics firm (3PL)
d. freight forwarder
e. megacarrier
Answer:
C) third-party logistics firm (3PL)
Explanation:
From the question, we were informed about GLE who specializes in planning, implementing, and controlling the efficient and effective flow and storage of products and information from the point of origin to consumption to meet their clients' needs and wants. It also specializes in delivering transportation services for their clients. Due to GLE's efficiency in these areas, many firms outsource their core physical distribution activities to GLE. In this case GLE is most likely to be a third-party logistics firm (3PL). third-party logistics firm (3PL) . Third-party logistics (3PL) is engaged in ogistics as well as supply chain management, It entails the utilization of a third party business in the outsourcing ecommerce as well logistics process such as warehousing, distribution services as well as fulfilment of retail order.