Answer:
Accounting and economics both involve plenty of number-crunching. But accounting is a profession devoted to recording, analyzing, and reporting income and expenses, while economics is a branch of the social sciences that is concerned with the production, consumption, and transfer of resources.
I hope it's helpful!
One problem with using market values to measure GDP is that A. some useful goods and services are not sold in markets. B. you cannot compare completely heterogeneous goods by using their dollar values. C. prices for some goods change every year. D. market values of exported goods are usually priced in foreign currencies.
Answer:
C. prices for some goods change every year.
Explanation:
The reason why the real GDP (GDP adjusted to inflation) is a much better economic index than nominal GDP is that prices change over time, even if the quantities produced do not. It is actually possible for nominal GDP to increase even if total production output decreases due solely to high inflation rates.
the federal government has Group of answer choices separate capital and operating budgets only a capital budget an operating budget only a single budget that includes both operating expenses and capital spending
Answer:
A single budget that includes both operating expenses and capital spending.
Explanation:
A budget can be defined as a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis.
In the preparation of a budget, a list of each type of income and expense with respect to the budget is generally considered to be the first step. Also, the final step is making necessary adjustments to the budget by the top executive.
The federal government has a single budget that includes both operating expenses and capital spending on a cash basis.
Additionally, the benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.
A point inside the production possibilities curve is: A) attainable and the economy is efficient. B) attainable, but the economy is inefficient. C) unattainable, but the economy is inefficient. D) unattainable and the economy is efficient. Group of answer choices
Answer:
B) attainable, but the economy is inefficient.
Explanation:
In the case when there is a point that inside in the production possibility curve so it is attainable but there is non-efficient economy
Therefore according to the given options, the option B is correct
And, the rest of the options are wrong
So the same would be relevant too
Mark can produce 60 baseballs in a month and Katie can produce 42 baseballs in a month. Also, Mark can produce 40 bats in a month and Katie can produce 30 bats in a month. ______________has the absolute advantage in the production of bats, and _____________ has the comparative advantage in the production of bats.
Answer:
The answer is "Mark and Katie".
Explanation:
Through one month, Marked could manufacture 60 baseballs, but also Katie could manufacturing process 42 baseballs a couple of weeks, and inside the same month Katie may generate 40 bats in the same month 30 bats. In bats, Mark now has comparative advantages and Katie will have the peak value in bats production.
The €/$ spot exchange rate is €1.50/$ and the 120 day forward exchange rate is €1.45/$. The forward premium (discount) is Group of answer choices the dollar is trading at an 8% premium to the euro for delivery in 120 days. the dollar is trading at a 5% premium to the Swiss franc for delivery in 120 days. the dollar is trading at a 10% discount to the euro for delivery in 120 days. the dollar is trading at a 5% discount to the euro for delivery in 120 days.
Answer:
The forward premium (discount) is:
the dollar is trading at a 10% discount to the euro for delivery in 120 days.
Explanation:
a) Data and Calculations:
Spot exchange rate = €1.50/$
120 day forward exchange rate = €1.45/$
When the forward rate is less than the spot rate, the means that the currency is trading at a discount in the forward market.
The formula for calculating the forward premium or discount is:
= (Forward Rate Minus Spot Rate)/Forward Rate * 360/120
= (€1.45 - €1.50)/€1.45 * 360/120
= €-0.05/€1.45 * 3
= €-0.03448 * 3 = -10.3%
b) The forward premium occurs when the forward exchange rate is higher than the spot exchange rate. The forward discount occurs when the forward exchange rate is lower than the spot exchange rate. Forward premium or discount is normally expressed as the annualized percentage of the difference, using 360 days.
Which of the following values should be inserted to correctly balance the ledger shown below?
Date Description Deposit Withdrawal Balance
8-13-18 Balance $120.74
8-14-18 Automatic Deposit – Paycheck $343.52
8-14-18 City payment – Water, Trash (Monthly) $53.90
8-14-18 Internet payment (Monthly) $86.40
$222.78
$323.96
$410.36
$464.26
Compute the 2020 tax liability and the marginal and average tax rates for the following taxpayers. Click here to access the 2020 tax rate schedule. If required, round the tax liability to the nearest dollar. When required, round the average rates to four decimal places before converting to a percentage (i.e. .67073 would be rounded to .6707 and entered as 67.07%). a. Chandler, who files as a single taxpayer, has taxable income of $94,800.
Answer:
Tax liability:
Chandler is in 85,525 - 163,300 bracket.
Liability is:
= 14,605.50 + (24 % * (94,800 - 85,525))
= 14,605.50 + 2,226
= $16,832
Marginal Tax rate = 24%
Marginal tax rate for 85,525 - 163,300 bracket is 24%.
Average tax rate:
= Tax liability / Taxable income
= 16,832 / 94,800
= 17.76%
Virginia owns 100% of Goshawk Company. In the current year, Goshawk Company sells a capital asset (held for three years) at a loss of $40,000. In addition, Goshawk has a short-term capital gain of $18,000 and net operating income of $90,000 during the year. Virginia has no recognized capital gain (or loss) before considering her ownership in Goshawk. How much of the capital loss may be deducted for the year, and how much is carried back or forward if Goshawk is (a) a proprietorship and (b) a C corporation
Answer:
a. IF Goshawk Company is a sole proprietorship, it will deduct a total of $21,000 ($18,000 offset against the capital gain and $3,000 deducted from net operating income) of the $40,000 capital loss and carry forward the remaining $19,000 to subsequent years.
b. IF Goshawk Company is a C corporation, it will carry back and forward the remaining $22,000 to be deducted from its net operating income for previous or future years, after offsetting $18,000 from the $18,000 short-term capital gain.
Explanation:
a) Data and Calculations:
Long-term capital loss = $40,000
Short-term capital gain = $18,000
Capital loss remaining = $22,000 ($40,000 - $18,000)
Net operating income = $90,000
Use the information in the adjusted trial balance to prepare (a) the income statement for the year ended December 31; (b) the statement of retained earnings for the year ended December 31 [Note: Retained Earnings at December 31 of the prior year was $284,220]; and (c) the balance sheet as of December 31.
Question Completion:
The adjusted trial balance for Chiara Company as of December 31 follows.
Debit Credit
Cash $182,200
Accounts receivable 51,500
Interest receivable 21,000
Notes receivable (due in 90 days) 169,000
Office supplies 15,500
Automobiles 175,000
Accumulated depreciation-Automobiles $70,000
Equipment 142,000
Accumulated depreciation-Equipment 19,000
Land 85,000
Accounts payable 98,000
Interest payable 50,000
Salaries payable 16,000
Unearned fees 30,000
Long-term notes payable 152,000
Common stock 51,580
Retained earnings 284,220
Dividends 48,000
Fees earned 524,000
Interest earned 34,000
Depreciation expense-Automobiles 27,500
Depreciation expense-Equipment 18,500
Salaries expense 190,000
Wages expense 44,000
Interest expense 36,200
Office supplies expense 35,800
Advertising expense 60,000
Repairs expense-Automobiles 27,600
Totals $1,328,800 $1,328,800
Answer:
CHIARA COMPANY
a) Income Statement For Year Ended December 31
Fees earned $524,000
Interest earned 34,000
Total revenue $558,000
Depreciation expense-Automobiles 27,500
Depreciation expense-Equipment 18,500
Salaries expense 190,000
Wages expense 44,000
Interest expense 36,200
Office supplies expense 35,800
Advertising expense 60,000
Repairs expense-Automobiles 27,600
Total expenses $ 439,600
Net income $118,400
CHIARA COMPANY
2. Statement of Retained Earnings For Year Ended December 31
Retained earnings, Dec.31 prior year $284,220
Add: Net income 118,400
402,620
Less: Dividends 48,000
Retained earnings, Dec. 31 current year $354,620
CHIARA COMPANY
3. Balance Sheet December 31
Assets
Current assets:
Cash $182,200
Accounts receivable 51,500
Interest receivable 21,000
Notes receivable (due in 90 days) 169,000
Office supplies 15,500 $439,200
Long-term assets:
Automobiles 175,000
Accumulated depreciation 70,000 105,000
Equipment 142,000
Accumulated depreciation 19,000 123,000
Land 85,000 $313,000
Total assets $752,200
Liabilities + Equity
Current liabilities:
Accounts payable $98,000
Interest payable 50,000
Salaries payable 16,000
Unearned fees 30,000 $194,000
Long-term notes payable 152,000
Total liabilities $346,000
Equity:
Common stock $51,580
Retained earnings 354,620 $406,200
Total equity Total liabilities and equity $752,200
Explanation:
The financial statements above are prepared from the adjusted trial balance. The revenue items (temporary accounts) are closed to the income statement, while the assets, liabilities, and equity accounts (permanent items) are closed to the balance sheet. The Statement of retained earnings links the income statement and the balance sheet through the adjustments to the net income and retained earnings.
Henry is a manager in an operations department in a computer manufacturing company. He thoroughly studied the production process and calculated how long it takes to get the job done. Then he figured out a more efficient way to put all parts together for a computer. He trains and develops employees to use the new method and works with employees to implement the scientific principles. Which of the following management theories does Henry use in this case?
a. Theory X and Theory Y.
b. Systems management.
c. Human relations management.
d. Scientific management.
Answer:
d. Scientific management.
Explanation:
The management theory used by Henry in this case is scientific management, which can be understood as an administrative model created by Taylor.
The main objective of scientific management is to make work more efficient using less resources and efforts, that is, making work more flexible by rationalizing work and implementing scientific techniques and training employees so that there is efficiency and effectiveness in organizational processes, with the lowest cost, time and continuous improvement.
Nettle Co. uses process costing to account for the production of rubber balls. Direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. Equivalent units have been calculated to be 12,000 units for materials and 10,000 units for conversion costs. Beginning inventory consisted of $14,000 in materials and $8,000 in conversion costs. April costs were $72,000 for materials and $80,000 for conversion costs. Ending inventory still in process was 4,000 units (100% complete for materials, 50% for conversion). The cost per unit for materials using the FIFO method would be closest to:__________A. $6.0000B. $7.1666C. $14.5000D. $1.8334
Answer: $6.00
Explanation:
The following can be gotten from the question:
From the question, we are informed that April costs were $72,000 for materials with the equivalent units have been calculated to be 12,000 units.
Therefore, the cost per unit for materials using the First-In-First-Out (FIFO) will be:
= $72000 / 12000
= $6.00
The cost per unit for materials using the FIFO method would be closest to Option A. $6.0000.
The calculation is as follows:= Material cost ÷ equivalnet units for materials
= $72000 ÷ 12000
= $6.00
Learn more: https://brainly.com/question/17429689?referrer=searchResults
The following transactions occurred for the City of Fontaine’s General Fund. The budget prepared for the fiscal year included Total estimated revenues of $2,774,000 and appropriations of $2,693,000. Encumbrances issued against the appropriations during the year were $931,000. The current year’s tax levy of $2,005,000 was recorded; uncollectibles were estimated as $65,000. Collections of delinquent taxes from prior years’ levies totaled $132,000; collections of the current year’s levy totaled $1,459,000. Invoices were received and approved for payment for items ordered in documents recorded as encumbrances in Transaction (2) of this problem. The estimated liability was $851,200. Actual costs were $850,500. Revenue other than taxes collected during the year consisted of licenses and permits, $373,000; intergovernmental revenue, $400,000; and $66,000 of miscellaneous revenues. Payments on Vouchers Payable totaled $1,505,000. Prepare the journal entry.
Answer:
Realidades 2 WKBK page 109
Explanation:
Realidades 2 WKBK page 109
discussed why present age diseases are different from the pasr
Answer:
in the past we did not have much reshcearch to help figure out what is wrong
now we have the tech to help and we also have vacanation
Explanation:
Answer:
in the past we didn't have nuclear tech that could cause radiation and who knows what else so now we all gonna die within the next 200 years give me big brain plz i can be smart i am right now i gave clear answer then i make meme review part also nice
Explanation:
RainMan Inc. is in the business of producing rain upon request. They must decide between two investment projects: a new airplane for seeding rain clouds or a new weather control machine built by Dr. Nutzbaum. The discount rate for the new airplane is 9 percent, while the discount rate for the weather machine is 39 percent (it happens to have higher market risk). Which investment should the company select and why
Complete data:
Year___AirplaneWeather __ Machine
0 _______–90 _________ –900
1 _______500 ___________550
2 _______600 ____ ______600
3 _____________________685
Answer:
Weather machine, because it has a higher equivalent annual cash flow.
Explanation:
Discount rate :
New airplane = 9% = 0.09
Weather machine = 39% = 0.39
Calculate the Equivalent annual cashflow of each :
Using the relation :
New airplane :
(-900+500/1.09) + (600/1.09^2) * 0.09 / (1-1/1.09^2)
(−900+500÷1.09+600÷1.09^2)×9%÷(1−1÷1.09^2)
= 36.2249
Equivalent Annual cashflow of Weather Machine=(−900+550÷1.39+600÷1.39^2+685÷1.39^3)×0.39÷(1−1÷1.39^3)
= 38.0828
Based on the result of the equivalent annual cashflow, the company should opt for investing in weather machine.
2. Grocers Absorb Rise in Food Prices to Keep Customers From Straying Dec. 17, 2017 7:00 a.m.
ET: Retailers hold line on prices, fearing they will lose business to discounters and new rivals online
Food costs are ticking up after a multiyear glut of many staples. But consumers aren't paying
much more yet because grocers, discounters and online retailers are all holding down prices to win
business. Many grocers are investing in e-commerce operations to keep up with Amazon.com Inc., which
has slashed prices on products including avocados, organic milk and chicken since it acquired Whole
Foods Market this summer. "Price competition is getting more severe," said Kemper Isely, co-president of
the Colorado-based Natural Grocers by Vitamin Cottage Inc., a health-food chain that competes with
Whole Foods in the West. The chain has cut prices this year in part to try to beat Whole Foods discounts.
Considering grocers, how can you apply price elasticity of demand to this situation?
Which of the following statement is correct?
a. firms in monopoly can sell non-commodities while firms in monopolistic competition cannot.
b. firms in monopoly can sell a commodity while firms in monopolistic competition cannot.
c. firms in monopoly are price setters while firms in monopolistic competition are not.
d. firms in monopoly can make economic profit in the short run while firms in monopolistic competition cannot.
Answer:
the correct answer I to this question is c
The security market line (SML) is:__________
a) the line that represents the expected return-beta relationship.
b) All of the options.
c) also called the capital allocation line.
d) the line that describes the expected return-beta relationship for well-diversified portfolios only.
e) the line that is tangent to the efficient frontier of all risky assets.
Answer: a) the line that represents the expected return-beta relationship
Explanation:
The security market line simply refers to a line that is drawn on a chart and it is simply a representation of capital asset pricing model as it shows the expected return-beta relationship.
The graphical representation depicts the risk of the securities, against their expected return. Therefore, the correct option is A.
On April 1 of the current year, Morgan Jones established a business to manage rental property. She completed the following transactions during April: Opened a business bank account with a deposit of $60,000 in exchange for common stock. Purchased office supplies on account, $1,800. Received cash from fees earned for managing rental property, $22,300. Paid rent on office and equipment for the month, $7,000. Paid creditors on account, $1,100. Billed customers for fees earned for managing rental property, $3,600. Paid automobile expenses for month, $750, and miscellaneous expenses, $1,000. Paid office salaries, $4,000. Determined that the cost of supplies on hand was $250; therefore, the cost of supplies used was $1,550. Paid dividends, $5,000. Required: 1. Indicate the effect of each transaction and the balances after each transaction: For those boxes in which no entry is required, leave the box blank. For those boxes in which you must enter subtractive or negative numbers use a minus sign. (Example: -300)
Answer:
I used an Excel spreadsheet, see the attached file
Explanation:
______ says that the quantity demanded of a good folls when the price of 1 point the good rises.
A) The Law of Supply
B) The Law of Demand
C) Market Structure
D) Market Equilibrium
Answer:
A) The Law of Supply
Explanation:
Your farm encompasses 900 acres, and you are planning to grow soybeans, corn, and wheat in the coming planting season. Fertilizer costs per acre are: $5 for soybeans, $2 for corn, and $1 for wheat. You estimate that each acre of soybeans will require an average of 5 hours of labor per week, while tending to corn and wheat will each require an average of 2 hours per week. Based on past yields and current market prices, you estimate a profit of $9,000 for each acre of soybeans, $6,000 for each acre of corn, and $3,000 for each acre of wheat. You can afford to spend no more than $5,400 on fertilizer, and your farm laborers can supply 5,400 hours per week. How many acres of each crop should you plant to maximize total profits
Answer:
Using solver, the optimal solution = 900 acres of soybean resulting in $8,100,000 profit
Explanation:
you need to maximize 9000S + 6000C + 3000W
where:
S = acres of soybean
C = acres of corn
W = acres of wheat
constraints:
S + C + W ≤ 900
5S + 2C + 1W ≤ 5400
5S + 2C + 2W ≤ 5400
S, C, W ≥ 0
S, C, W are whole numbers
Using solver, the optimal solution = 900 acres of soybean resulting in $8,100,000 profit
In order for the economy to be strong, individuals must
a. produce goods and pay workers
b. provide labor and pay
workers
C.
produce goods and buy goods
d. provide labor and buy goods
Answer:
B
Explanation:
I took the test
Based on past experience, Maas Corp. (a U.S.-based company) expects to purchase raw materials from a foreign supplier at a cost of 1,000,000 francs on March 15, 2021. To hedge this forecasted transaction, on December 15, 2020, the company acquires a call option to purchase 1,000,000 francs in three months. Maas selects a strike price of $0.58 per franc when the spot rate is $0.58 and pays a premium of $0.005 per franc. The spot rate increases to $0.584 at December 31, 2020, causing the fair value of the option to increase to $7,500. By March 15, 2021, when the raw materials are purchased, the spot rate has climbed to $0.59, resulting in a fair value for the option of $10,000. The raw materials are used in assembling finished products, which are sold by December 31, 2021, when Maas prepares its annual financial statements. Prepare all journal entries for the option hedge of a forecasted transaction and for the purchase of raw materials. What is the overall impact on net income over the two accounting periods
Answer:
A. 15-Dec-20
Dr Foreign Currency Option $5,000
Cr Cash $5,000
2. 15-Dec-20 No Journal Entry Required
3 31-Dec-20 Dr Foreign Currency Option
$4,000
Cr To Accumulated - Other Comrehensive Income $4,000
4 31-Dec-20 Dr Option Expense (AOCI) $1,500
Cr To Foreign currency option $1,500
5 15-Mar-21 Dr Foreign Currency Option $6,000
Cr To Accumulated - Other Comrehensive Income $6,000
6 15-Mar-21 Dr Option Expense (AOCI) $3,500
Cr To Foreign currency option $3,500
7 15-Mar-21 Cash A/c $10,000
Cr To Foreign currency option $10,000
8 15-Mar-21 Dr Raw material inventory $590,000
Cr To Cash $590,000
9 15-Mar-21 Dr Accumulated - Other Comprehensive Income $6,000
Cr To Gain on sale of Option (Income statement) $6,000
b. Impact on net income in 2020= $2,500
Impact on net income in 2021 = $4,500
Explanation:
A. Preparation of all journal entries for the option hedge of a forecasted transaction and for the purchase of raw materials
15-Dec-20
Dr Foreign Currency Option Dr (1,000,000*0.005) $5,000
Cr To Cash $5,000
(Being call option purchased to acquire 1000000 marks at $0.005 per mark)
2 15-Dec-20 No Journal Entry Required
3 31-Dec-20 Dr Foreign Currency Option
[($0.584 - 0.58)*1000000] $4,000
Cr To Accumulated - Other Comrehensive Income $4,000
(Being adjustment of increase in fair value of option)
4 31-Dec-20 Dr Option Expense (AOCI) ($4,000 + $5,000 - $7,500) $1,500
Cr To Foreign currency option $1,500
(Being time value reduction of foreign currency option)
5 15-Mar-21 Dr Foreign Currency Option [(0.59 - 0.584)*1000000] $6,000
Cr To Accumulated - Other Comrehensive Income $6,000
(Being adjustment of increase in fair value of option)
6 15-Mar-21 Dr Option Expense (AOCI) ($7,500 + $6,000 - $10,000) $3,500
Cr To Foreign currency option $3,500
(Being time value reduction of foreign currency option)
7 15-Mar-21 Cash A/c $10,000
Cr To Foreign currency option $10,000
(Being sale of foreign currency option)
8 15-Mar-21 Dr Raw material inventory $590,000
Cr To Cash (1000000*0.59) $590,000
(To record purchase of raw material)
9 15-Mar-21 Dr Accumulated - Other Comprehensive Income $6,000
Cr To Gain on sale of Option (Income statement) $6,000
($4,500+$2,500)
(Being gain on option realzied and transferred to statement of comprehensive income)
b. Calculation for What is the overall impact
Impact on net income in 2020 = $4,000 - 1,500 = $2,500
Impact on net income in 2021 = $6,000 - $1,500 = $4,500
What is currency in economics
Answer:
Currency, in industrialized nations, portion of the national money supply, consisting of bank notes and government-issued paper money and coins, that does not require endorsement in serving as a medium of exchange; among less developed societies, currency encompasses a wide diversity of items (e.g., livestock, stone carvings, tobacco) used as exchange media as well as signs of value or wealth. In the developed nations, where checks drawn on demand deposits are an important means of transaction, currency may actually account for only a small portion of the total money supply
Explanation:
Since the abandonment of the gold standard in the 1930s, governments have not been obligated to repay the holders of currency in any form of precious metal. Consequently the volume of currency is determined by the actions of the government or central bank and not by the supply of precious metals.
A project has been assigned a discount rate of 12 percent. If the project starts immediately, it will have an initial cost of $480 and cash inflows of $350 a year for three years. If the start is delayed one year, the initial cost will rise to $520 and the cash flows will increase to $385 a year for three years. What is the value of the option to wait
Answer: $0.70
Explanation:
The value of the option to wait would be calculated thus:
Year Cash flow PVF at 12% PV
0 $-480 1.000 $(480.00)
1 $350 0.893 $312.50
2 $350 0.797 $279.02
3 $350 0.712 $249.12
Then, the Net present value will be:
= 312.50 + 279.02 + 249.12 - 480.00
= $360.64
Year Cash flow PVF at 12%. PV
0 $-1.000 1.000. 0
1 $-520 0.893 $(464.29)
2 $385 0.797 $306.92
3 $385 0.712 $274.04
4 $385 0.636 $244.67
Net present value = $361.34
The value of the option to wait would then be calculated as:
= $361.34 - $360.64
= $0.70
The ACE Equity Fund has an expected return E[r] of 11.830% and the ZQR Bond Fund has an expected return E[r] of 6.690%. A portfolio comprised of 3% ACE and 97% ZQR would have an expected return of __________%. (percent, rounded three places after decimal)
Answer:
The answer is "6.8442%".
Explanation:
The expected portfolio return is the total average portfolio return for all stocks
ACE fund weight (wA) =3%
ACE fund (ErA) expected return= 11.830%
Bond fund ZQR weight (wB) = 97%.
The ACE fund (ErB) expected return = 6.690%
Expected portfolio return = [tex](wA \times ErA)+(wB \times ErB)[/tex]
[tex]=(3\% \times 11.830 \% )+(97 \% \times 6.690\%)\\\\= 0.03 \times 0.1183 +0.97 \times 0.0669 \\\\=0.003549+ 0.064893\\\\=0.068442\\\\=6.8442 \%[/tex]
Answer and I give u brainliest and extra pts
Answer:
b
Explanation:
Question 4 of 10
Which budget strategy will reduce a country's national debt the most?
A. Raising taxes while lowering spending
B. Lowering both taxes and spending
C. Lowering taxes while raising spending
D. Raising both taxes and spending
Answer: raising taxes while lowering spending
Explanation: I just got it right on A p e x
The Retained earnings account has a credit balance of $39,000 before closing entries are made. Total revenues for the period are $57,200, total expenses are $40,800, and dividends are $9800. What is the correct closing entry for the expense accounts?
Answer:
Debit income summary $40,800
Credit expense accounts $40,800
Explanation:
The correct closing entry for expense account would be to debit the income summary for $40,800 and then credit the expense accounts for $40,800.
Here, other items such as revenue, retained earnings and dividends would all be ignored because we were specifically asked to get the correct closing entry for expense account, hence; only expense value would be considered.
Universal Containers is rolling out a new customer service process. Customer service managers will need to edit cases for their subordinates, but not cases for other groups. Managers and users should be able to view all cases. What is the recommended solution to configure this
Answer:
I. Create standard role hierarchies.
II. Set organization-wide sharing defaults to public read/only.
Explanation:
Workflow management systems can be defined as a strategic software application or program designed to avail companies the infrastructure to setup, define, create and manage the performance or execution of series of sequential tasks, as well as respond to workflow participants. Some examples of workflow management systems used around the world; YAWL, Windows Workflow Foundation, Apache ODE, Collective Knowledge, Workflow Gen, PRPC, Salesforce.com, jBPM, Bonita BPM etc.
In this scenario, Universal Containers is rolling out a new customer service process. Customer service managers will need to edit cases for their subordinates, but not cases for other groups. Managers and users should be able to view all cases. Therefore, the recommended solution to configure this are;
I. Create standard role hierarchies: this is to represent the various end users such as managers and their subordinates.
II. Set organization-wide sharing defaults to public read/only: this settings or feature would make it impossible for any user outside of the group (owner) to edit the cases. They will only be able to view but not modify.
fter 15 years of employment in the airline industry, John started his own consulting company to use physical and computer simulation in the analysis of commercial airport accidents on runways. He estimates his average cost of new capital at 8% per year for physical simulation projects, that is, where he physically reconstructs the accident using scale versions of planes, buildings, vehicles, etc. He has established 17% per year as the MARR. What net rate of return on capital investments for physical simulation does he expect
Answer:
The answer is "9%".
Explanation:
Please find the complete question in the attached file.
The formula for calculating the net return rate:
[tex]\to \text{Net return rate= MARR - Capital Cost}[/tex]
[tex]= 17\% - 8\% \\\\= 9\%[/tex]
Therefore, the net return rate is 9%.