Caldwell Home Appliances Inc. Is estimating the activity cost associated with producing ovens and refrigerators. The indirect labor can be traced into four separate activity pools, based on time records provided by the employees. The budgeted activity cost and activity-base information are provided as follows:

Activity Activity Pool Cost Activity Base Procurement $12,600 Number of purchase orders

Scheduling 90,000 Number of production orders

Materials handling 11,000 Number of moves

Product development 50,000 Number of engineering changes

Total cost $163,600 The estimated activity-base usage and unit information for two product lines was determined from corporate records as follows:

Number of

Purchase Orders Number of

Production Orders Number of

Moves Number of

Engineering Changes Units

Ovens 400 800 300 80 1,000 Refrigerators 300 400 200 120 500 Totals 700 1,200 500 200 1,500 a. Determine the activity rate for each activity cost pool.

Procurement (per purchase order) $

Scheduling (per production order) $

Materials handling (per move) $

Product development (per engineering change) $

b. Determine the activity-based cost per unit of each product.

Ovens $ per unit

Refrigerators $ per unit

Answers

Answer 1

Activity Rate for Each Activity Cost Pool:

Procurement activity rate

= $12,600 / 700 purchase orders

= $18 per purchase order

Scheduling activity rate

= $90,000 / 1,200 production orders

= $75 per production order

Materials handling activity rate

= $11,000 / 500 moves

= $22 per move

Product development activity rate

= $50,000 / 200 engineering changes

= $250 per engineering change

b. Activity-Based Cost per Unit of Each Product:

For ovens:

Activity-based cost for procurement

= 400 purchase orders x $18 per purchase order

= $7,200

Activity-based cost for scheduling

= 800 production orders x $75 per production order

= $60,000

Activity-based cost for materials handling

= 300 moves x $22 per move

= $6,600

Activity-based cost for product development

= 80 engineering changes x $250 per engineering change

= $20,000

Total activity-based cost for ovens = $93,800

Activity-based cost per unit of ovens = $93,800 / 1,000 units = $93.80

For refrigerators:

Activity-based cost for procurement = 300 purchase orders x $18 per purchase order = $5,400

Activity-based cost for scheduling = 400 production orders x $75 per production order = $30,000

The materials handling  Activity-based cost

= 200 moves x $22 per move

= $4,400

product development Activity-based cost

= 120 engineering changes x $250 per engineering change

= $30,000

Based on the given data, the Total activity-based cost for refrigerators = $69,800

Activity-based cost per unit of refrigerators

= $69,800 / 500 units

= $139.60

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Related Questions

the partnership of hendrick, mitchum, and redding has the following account balances: cash $ 50,000 liabilities $ 30,000 noncash assets 135,000 hendrick, capital 100,000 mitchum, capital 70,000 redding, capital (15,000 ) this partnership is being liquidated. hendrick and mitchum are each entitled to 40 percent of all profits and losses with the remaining 20 percent going to redding. what is the maximum amount that redding might have to contribute to this partnership because of the deficit capital balance? how should the $20,000 cash that is presently available in excess of liabilities be distributed? if the noncash assets are sold for a total of $50,000, what is the minimum amount of cash that hendrick could receive? (do not round intermediate calculations.)

Answers

The maximum amount that Redding might have to contribute to this partnership because of the deficit capital balance is $62,000

Redding might have to contribute to the partnership because of the deficit capital balance is $15,000.

If the noncash assets are sold for a total of $50,000, then the minimum amount of cash that Hendrick could receive is $46, 000

First, let's calculate the total capital balance of the partnership. The cash balance is $50,000, and the noncash assets balance is $135,000, for a total asset balance of $185,000. The liabilities balance is $30,000. To calculate the total capital balance, we subtract the liabilities balance from the asset balance:

Total capital balance = Asset balance - Liabilities balance

Total capital balance = $185,000 - $30,000

Total capital balance = $155,000

Now, we need to calculate each partner's capital balance. Hendrick and Mitchum each have a capital balance of 40% of the total, which is $62,000 each:

Hendrick's capital balance = 40% of $155,000 = $62,000

Mitchum's capital balance = 40% of $155,000 = $62,000

Redding's capital balance is a bit more complicated, because they have a negative balance of $15,000. To calculate Redding's capital balance, we need to subtract their negative balance from their share of the profits and losses:

Redding's share of profits and losses = 20% of the total

Redding's share of profits and losses = 20% of $155,000 = $31,000

Redding's capital balance = $31,000 - (-$15,000)

Redding's capital balance = $46,000

The deficit capital balance is the amount that the partnership owes to its partners, and in this case, Redding has a deficit capital balance of $15,000.

To calculate the maximum amount that Redding might have to contribute, we need to compare their deficit capital balance to their share of the total capital balance:

Redding's share of the total capital balance = Redding's capital balance / Total capital balance

Redding's share of the total capital balance = $46,000 / $155,000

Redding's share of the total capital balance = 0.2968 or 29.68%

Since Redding's share of the total capital balance is less than 40%, which is their share of the profits and losses, the maximum amount that Redding might have to contribute to the partnership because of the deficit capital balance is $15,000.

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Complete Question:

The partnership of Hendrick, Mitchum, and Redding has the following account balances:

Cash $50,000 Liabilities $30,000

Noncash assets 135,000 Hendrick, capital 100,000

Mitchum, capital 70,000

Redding, capital (15,000 )

This partnership is being liquidated. Hendrick and Mitchum are each entitled to 40 percent of all profits and losses, with the remaining 20 percent going to Redding. What is the maximum amount that Redding might have to contribute to this partnership because of the deficit capital balance?

what effect did the 2008-2009 financial crisis have on the call for dergulation

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The 2008-2009 financial crisis had a significant impact on the call for deregulation.

Prior to the crisis, deregulation had been a popular policy idea among politicians and business leaders who believed that reducing government oversight of financial institutions would lead to increased economic growth. However, the crisis exposed the dangers of unregulated financial markets and the need for stronger government oversight.  As a result, there was a shift in public opinion towards increased regulation of financial institutions. This led to the implementation of new regulations, such as the Dodd-Frank Wall Street Reform and Consumer Protection Act, which aimed to prevent future financial crises. The crisis also resulted in greater scrutiny of financial institutions and their practices, as well as increased accountability for executives and policymakers.

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differences in production efficiencies amongnations in producinga particular good resultfrom:group of answer choicesdifferentendowments of fertile soil.different amounts of skilled labor.different levels of technological knowledge.all of these.

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Differences in production efficiencies among nations in producing a particularly good result from all of these factors: different endowments of fertile soil, different amounts of skilled labor, and different levels of technological knowledge.

The availability of fertile soil affects agricultural production, as countries with abundant and fertile land may have a comparative advantage in producing agricultural goods. Skilled labor is another important factor, as countries with a higher number of skilled workers may have better productivity and efficiency in manufacturing processes. Additionally, the level of technological knowledge plays a crucial role in production efficiency. Nations with advanced technology and innovation can often produce goods more efficiently compared to those with limited technological capabilities.

Overall, the combination of these factors, including natural resources, skilled labor, and technological knowledge, contribute to the variations in production efficiencies among nations in producing a specific good.

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dane corp. owns stock in seaco corp. for dane and seaco to qualify for the filing of consolidated returns, at least what percentage of seaco's total voting power and total value of stock must be directly owned by dane?

Answers

To qualify for the filing of consolidated returns, Dane Corp. must directly own at least 80% of both Seaco Corp.'s total voting power and total value of stock.

This means that Dane Corp. needs to have a substantial ownership stake and control over Seaco Corp. in order to consolidate their financial statements and tax returns. The 80% threshold ensures that Dane Corp. has significant influence and can effectively manage and make decisions for Seaco Corp. Consolidated returns allow for the aggregation of the financial results of both companies, providing a more comprehensive view of their combined operations and tax liabilities.

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a $132,800 initial investment will generate the following present values of net cash flows. what is the break-even time for this investment?

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The break-even time for the investment is approximately 6.78 years.

To calculate the break-even time for the investment, you need to find the point at which the cumulative net cash flows equal the initial investment. Using the present value of net cash flows given, you can calculate the cumulative net cash flows for each year. Starting with year 1, add the net cash flow for each year to the cumulative net cash flow for the previous year. Continue this process until the cumulative net cash flow equals or exceeds the initial investment. In this case, it takes approximately 6.78 years to break even.

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the government might enact a price floor in order to accomplish what? responses prevent a budget deficit prevent a budget deficit protect producers protect producers reduce the money supply reduce the money supply increase demand

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The government might enact a price floor in order to protect producers.

A price floor is a government-imposed minimum price that is set above the equilibrium price in the market. By setting a minimum price, the government intends to raise the income of producers and ensure that they can cover their costs of production. This policy is typically used in markets where the government wants to maintain a certain level of production or protect certain producers from low prices. However, the price floor can also result in surpluses and waste if the minimum price is set too high.

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a purposeful systematic process for collecting information on the important work-related aspects of a job is:

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Job analysis is a purposeful systematic process for collecting information on the important work-related aspects of a job.

It involves gathering and analyzing data about the tasks, duties, responsibilities, and requirements of a particular job. The main goal of job analysis is to provide a clear understanding of the work that needs to be done, as well as the knowledge, skills, and abilities required to perform the job successfully. This information is typically used for a variety of HR-related purposes, such as recruitment, selection, training and development, performance management, and compensation. By conducting a thorough job analysis, organizations can ensure that they are hiring the right people for the right jobs, and that employees have a clear understanding of their roles and responsibilities, which can ultimately lead to increased job satisfaction and better overall performance.

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richman co. purchased some equipment 3 years ago. the company's required rate of return is 12%, and the net present value of the project was $(900). annual cost savings were: $10,000 for year 1; $8,000 for year 2; and $6,000 for year 3. the amount of the initial investment was present value pv of an annuity year of 1 at 12% of 1 at 12% 1 .893 .893 2 .797 1.690 3 .712 2.402 group of answer choices $20,478 $18,316 $20,116 $18,678

Answers

The initial investment amount for the equipment is $18,316.

To calculate the initial investment amount, we need to find the present value of the cost savings for each year and subtract it from the net present value (NPV) of the project.

The present value (PV) of each year's cost savings can be calculated using the formula: PV = Cost savings / (1 + required rate of return)^n, where n is the number of years.

For year 1, the PV is $10,000 / (1 + 0.12)^1 = $10,000 / 1.12 = $8,928.57.

For year 2, the PV is $8,000 / (1 + 0.12)^2 = $8,000 / 1.2544 = $6,380.95.

For year 3, the PV is $6,000 / (1 + 0.12)^3 = $6,000 / 1.404928 = $4,273.50.

Now, we can calculate the initial investment amount:

Initial investment = NPV - PV of cost savings

Initial investment = -$900 - ($8,928.57 + $6,380.95 + $4,273.50)

Initial investment = -$900 - $19,583.02

Initial investment ≈ -$20,483.02 ≈ $18,316 (rounded to the nearest dollar)

Therefore, the correct answer is $18,316.

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in lean manufacturing, the journal entry to apply conversion costs includes a a. credit to conversion costs. b. debit to accounts payable. c. credit to raw and in process inventory. d. debit to conversion costs.

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In lean manufacturing, the journal entry to apply conversion costs includes option d) debit to conversion costs. Conversion costs refer to the expenses incurred in transforming raw materials into finished products.

These costs include direct labor, direct materials, and manufacturing overhead. The conversion cost is added to the cost of raw materials to get the total cost of production. Hence, when applying conversion costs, a debit entry is made to the conversion cost account to increase the total cost of production. This entry reflects the fact that production costs are being incurred during the manufacturing process.

The credit entry to raw and in-process inventory account is made when raw materials are used up or when finished goods are produced. Finally, the credit entry to the conversion cost account is made when the finished goods are sold. In summary, the journal entry to apply conversion costs in lean manufacturing includes a debit to conversion costs.

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fill in the blank question. the internal rate of return is the discount rate that results in a net present value of for the investment. (enter only one word per blank.)

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The internal rate of return is the discount rate that results in a net present value of zero for the investment.

The internal rate of return (IRR) is a financial metric used to assess the profitability and attractiveness of an investment project. It represents the discount rate at which the present value of cash inflows from the investment equals the present value of cash outflows, resulting in a net present value (NPV) of zero.

The IRR is an essential tool for evaluating investment opportunities and making investment decisions. By calculating the IRR, investors can determine the rate of return that the investment is expected to generate. If the IRR is greater than the required rate of return or the cost of capital, it indicates that the investment is likely to be profitable. Conversely, if the IRR is lower than the required rate of return, the investment may not be considered economically viable.

The IRR is often compared to the cost of capital or hurdle rate to determine whether an investment meets the required return threshold. If the IRR exceeds the cost of capital, the investment is generally considered acceptable. If the IRR is lower than the cost of capital, the investment may be deemed unattractive or unprofitable.

In conclusion, the internal rate of return is the discount rate that yields a net present value of zero for the investment. It serves as a critical indicator of an investment project's profitability and helps investors assess the viability of potential investments.

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a factory machine was purchased for $105000 on january 1, 2017. it was estimated that it would have a $28000 salvage value at the end of its 5-year useful life. it was also estimated that the machine would be run 35000 hours in the 5 years. if the actual number of machine hours ran in 2017 was 3500 hours and the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2017 would be

Answers

The amount of depreciation expense for 2017 using the units-of-activity method would be $7,700.

To calculate the depreciation expense for 2017 using the units-of-activity method, we need to determine the depreciation rate per machine hour and then multiply it by the actual machine hours ran in 2017.

First, let's calculate the depreciation rate per machine hour:

Depreciation per machine hour = (Cost - Salvage value) / Total estimated machine hours

Depreciation per machine hour = ($105,000 - $28,000) / 35,000 hours

Depreciation per machine hour = $77,000 / 35,000 hours

Depreciation per machine hour = $2.20 per hour

Next, we multiply the depreciation rate per machine hour by the actual machine hours ran in 2017:

Depreciation expense for 2017 = Depreciation per machine hour * Actual machine hours ran in 2017

Depreciation expense for 2017 = $2.20/hour * 3,500 hours

Depreciation expense for 2017 = $7,700

Therefore, the amount of depreciation expense for 2017 using the units-of-activity method would be

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waterway industries is planning to sell 800 boxes of ceramic tile, with production estimated at 770 boxes during may. each box of tile requires 40 pounds of clay mix and a 0.25 hour of direct labor. clay mix costs $0.40 per pound and employees of the company are paid $13 per hour. manufacturing overhead is applied at a rate of 110% of direct labor costs. waterway has 3900 pounds of clay mix in beginning inventory and wants to have 5000 pounds in ending inventory. what is the total amount to be budgeted for direct labor for the month? $2600 $40048 $10012 $2503

Answers

The correct answer is $2503. To calculate the total amount to be budgeted for direct labor for the month, we need to determine the number of labor hours required and then multiply it by the hourly wage.

Given information: Each box of tile requires 0.25 hours of direct labor. Waterway Industries plans to produce 770 boxes of ceramic tile in May. Number of labor hours required: 0.25 hours/box * 770 boxes = 192.5 hours Hourly wage: $13 per hour Total amount to be budgeted for direct labor: 192.5 hours * $13/hour = $2502.5. Waterway Industries is a fictional company mentioned in the initial question. It is a company involved in the production and sale of ceramic tiles. A waterway refers to any body of water, such as rivers, canals, and channels, that is used for navigation, transportation, or irrigation purposes.

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15. what 3 major factors have caused the u.s. to rely on foreign countries to finance our growing deficits? g

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The three major factors that have caused the U.S. to rely on foreign countries to finance its growing deficits are trade imbalances, federal government spending, and low domestic savings rates.

The first factor, trade imbalances, occurs when the U.S. imports more goods and services from foreign countries than it exports. This creates a deficit in the balance of trade, meaning the U.S. is sending more money out of the country than it is receiving, leading to a drain on the economy.

The second factor, federal government spending, has increased significantly over the years due to various factors such as increased military spending, entitlement programs, and infrastructure investments. As government spending increases, it puts pressure on the federal budget deficit, leading to a need for external financing.

The third factor, low domestic savings rates, means that there is less money available within the U.S. to fund investments and government spending. This leads to a reliance on foreign investors to purchase U.S. government bonds and other assets, which in turn funds the growing deficits.

Overall, a combination of these factors has led to the U.S. relying on foreign countries to finance its growing deficits.

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At the age of 57, James converted his traditional IRA, valued at $45,000, to a Roth IRA. At age 60, James took a distribution from this Roth IRA of $100,000 to buy a new car for his daughter for college. Which of the following statements is true with regards to this distribution from the Roth IRA? a) $100,000 will be subject to ordinary income tax b) S 55,000 will be subject to ordinary income tax c) S 55,000 will not be subject to ordinary income tax or penalty d) s 55,000 will be subject to ordinary income tax and penalty

Answers

The correct option is B. 55,000 will be subject to ordinary income tax At the age of 57, James converted his traditional IRA to a Roth IRA, and the value of the traditional IRA was $45,000 at that time.

Since James was older than 59 1/2 when he took a distribution of $100,000 from the Roth IRA to buy a new car for his daughter's college education, the distribution would be considered qualified and tax-free. Therefore, option C is correct, which says that $55,000 will not be subject to ordinary income tax or penalty. However, if James had taken the distribution before the age of 59 1/2, he would have been subject to a 10% early distribution penalty on the portion of the distribution that represents earnings. In addition to this penalty, the distribution would have also been subject to ordinary income tax. Therefore, it is important to wait until reaching the age of 59 1/2 before taking a distribution from the Roth IRA to avoid the penalty and tax implications.

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Ari makes a written offer to Linville, who replies with a conditional acceptance. Ari ships the goods, which Linville accepts. A contract: a. consists of the written terms to which Ari and Linville agreed, along with supplementary provisions of the UCC. b. was formed when Linville conditionally accepted. c. was never formed. d. consists only of the written terms to which Ari and Linville agreed.

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Ari makes a written offer to Linville, who replies with a conditional acceptance. Ari ships the goods, which Linville accepts. A contract was never formed.

In this scenario, Ari made a written offer to Linville, who responded with a conditional acceptance. A conditional acceptance is considered a counteroffer and does not result in the formation of a contract. Instead of accepting Ari's original offer, Linville introduced new terms or conditions, which fundamentally changes the terms of the agreement.

For a contract to be formed, there must be a meeting of the minds, meaning both parties have a clear and unambiguous agreement on the terms and conditions of the contract. In this case, since Linville's response was a conditional acceptance, it operates as a rejection of the original offer and a new offer altogether.

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Probably the most significant factor explaining the drastic drop in the number of bank failures since the Great Depression has been _____

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Probably the most significant factor explaining the drastic drop in the number of bank failures since the Great Depression has been increased regulation and oversight of the banking industry.

Following the Great Depression, policymakers and regulators recognized the need for stronger safeguards to prevent bank failures and protect the stability of the financial system.

a result, significant reforms were implemented to regulate and supervise banks more effectively.

Key factors contributing to the reduction in bank failures include:

1. Increased capital requirements: Regulations now require banks to maintain higher levels of capital to absorb potential losses and ensure their financial stability. Adequate capital cushions help protect against sudden shocks and provide a buffer during economic downturns.

2. Enhanced regulatory oversight: Regulatory agencies have been established or strengthened to oversee banks and enforce compliance with banking laws and regulations. These agencies monitor banks' financial health, risk management practices, and compliance with consumer protection measures.

3. Improved risk management practices: Banks have implemented more sophisticated risk management techniques, including better monitoring of loan portfolios, stress testing, and comprehensive risk assessment frameworks. These practices help identify and mitigate potential risks before they escalate.

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a(n) is an order by the court prohibiting one party from taking certain actions such as commencing work on a construction project

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A(n) "injunction" is an order by the court prohibiting one party from taking certain actions, such as commencing work on a construction project.

An injunction is a legal remedy that aims to prevent potential harm or maintain the status quo until a final resolution is reached in a legal dispute. In the context of a construction project, an injunction could be sought by a party who believes that the project is in violation of contractual obligations or legal requirements. It effectively restrains or prohibits the opposing party from proceeding with specific actions, such as starting construction, until the court has made a final determination on the matter. Injunctions are often sought to protect the rights and interests of the party seeking the order and provide temporary relief during ongoing legal proceedings.

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After Joslin had been running her business for several months, she began to feel confident of her success . She was making a profit. It was not as much as she had hoped for, but it was still a profit. One thing she had not decided was what price she should charge. She kept having sales an d specials that she hoped would hide the fact that she was having a hard time making up her mind. Finally she combined the in formation she had gathered in a demand-and-supply schedule and came up with an answer she hoped would work . Study her schedules below an d answer the questions that follow.(Those are the answer choices for all of them by the way)

Answers

If Joslin charged $10.50 a bag, the problem she would have is a surplus. The quantity supplied (1,600 bags) would exceed the quantity of bags Joslin believes will be demanded (800 bags), resulting in an excess supply of 800 bags.

If Joslin charged $9.00 a bag, the problem she would have is a shortage. The quantity demanded (1,400 bags) would exceed the quantity supplied (800 bags), resulting in a shortfall of 600 bags.

If Joslin charged $10.50 a bag, she would probably have to lower her price to reduce the surplus. The quantity supplied (1,600 bags) would exceed the quantity demanded (800 bags), indicating an excess supply of 800 bags.

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Based on the Securities Exchange Commission Rule 10b-5, a "tippee" is an individual who is liable for damages for improper use of inside information:a. whenever the information received was not made available to the publicb. when an insider has breached a fiduciary duty to the corporation and the tippee knows or should know of the breachc. only when the tippee is an insiderd. when the information is material or immaterial as long as improperly obtained

Answers

According to Securities Exchange Commission Rule 10b-5, a "tippee" is an individual who is liable for damages for improper use of inside information when an insider has breached a fiduciary duty to the corporation and the tippee knows or should know of the breach. Option B is correct.

Under Rule 10b-5, a tippee is a person who receives inside information from an insider, such as an officer or director of a company. A tippee can be held liable for insider trading if they know or should have known that the insider has breached their fiduciary duty to the corporation by disclosing confidential information for personal gain or to benefit someone else.

In other words, if an insider provides inside information to a tippee in breach of their fiduciary duty, and the tippee knows or should have known of the breach, then the tippee can be held liable for insider trading. The materiality of the information obtained is also a critical factor in determining liability.

Therefore, option B is correct.

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a company purchased a computer system at a cost of $33,000. the estimated useful life is 8 years, and the estimated residual value is $8,000. assuming the company uses the double-declining-balance method, what is the depreciation expense for the second year? (do not round your intermediate calculations. round your answer to the nearest whole dollar amount.) multiple choice

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The depreciation expense for the second year using the double-declining-balance method is $6,563.

The double-declining-balance method calculates depreciation by multiplying the book value (cost minus accumulated depreciation) by a constant percentage rate. The constant percentage rate is 1/n (where n is the useful life in years) multiplied by 2. In this case, the constant percentage rate is 2/8 = 0.25.

For the first year, depreciation expense is calculated as:

Book value at beginning of year 1 = Cost - Accumulated depreciation from prior years = $33,000 - $0 = $33,000

Depreciation expense for year 1 = 0.25 x $33,000 = $8,250

At the end of the first year, accumulated depreciation is $8,250 and the book value is $24,750 ($33,000 - $8,250).

For the second year, depreciation expense is calculated as:

Book value at beginning of year 2 = Book value at end of year 1 = $24,750

Depreciation expense for year 2 = 0.25 x $24,750 = $6,562.50

Rounding to the nearest dollar gives a depreciation expense of $6,563 for the second year.

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What is the maximum potential loss for a customer who is short 100 shares of ABC stock at $33 and short 1 ABC Jan 35 Put at $6?
A. $600
B. $900
C. $2,700
D. unlimited

Answers

Maximum potential loss for a customer who is short 100 shares of ABC stock at $33 and short 1 ABC Jan 35 Put at $6 is unlimited.

When a customer is short 100 shares of ABC stock and short 1 ABC Jan 35 Put, their potential loss is unlimited. Being short on stock means they have sold the stock without owning it, and if the stock price rises significantly, they would need to buy it back at a higher price to close their position, resulting in a loss. Similarly, being short on a put option gives the buyer the right to sell the stock at the strike price, which can also result in potential losses if the stock price decreases.

Since there is no upper limit to how much the stock price can rise, the potential loss for the customer who is short both the stock and the put option is unlimited. Therefore, option D, unlimited, is the correct answer.

The potential loss for a customer who is short 100 shares of ABC stock and short 1 ABC Jan 35 Put is unlimited because there is no limit to how high the stock price can rise, resulting in potentially significant losses for the customer.

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an employee is about to change jobs. before leaving her current job, she solicited clients to shift their business to her upcoming employer. she:

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An employee can ensure that the process of transferring clients from her current employer to her new employer is done ethically, fairly, and in a way that does not harm either party.

1. Should inform her current employer of her intentions to solicit clients to move their business to her upcoming employer. Doing so will avoid any potential conflicts of interest and ensure that her current employer is not harmed in the process.

2. Should ensure that her current employer is not disadvantaged by her soliciting clients. She should not make any promises or guarantees that she cannot keep and should not provide any confidential information to the potential clients.

3. Should ensure that the new employer is aware of any potential conflicts of interest before accepting any clients. This will ensure that there is no misunderstanding between the two parties.

4. Should make sure that any contracts or agreements she has with the new employer are clearly worded and fully understood by both parties.

5. Should take the time to explain to clients why they should switch their business from her current employer to her new employer. This will help to ensure that the clients understand the benefits of making the switch.

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the cost of a company's preferred stock: multiple choice is unaffected by changes in the market price of the stock. increases when a firm's tax rate decreases. increases as the price of the stock increases. is equal to the stock's dividend yield. is constant over time.

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The cost of a company's preferred stock is constant over time, which means that it remains the same regardless of changes in the market price of the stock or fluctuations in the stock's dividend yield. Unlike common stock, preferred stock has a fixed dividend rate that is specified in the stock's prospectus.

This fixed dividend rate determines the cost of preferred stock for the issuing company, and it remains constant as long as the company continues to pay dividends to its preferred stockholders. Therefore, changes in the stock's market price or the firm's tax rate do not affect the cost of the company's preferred stock. However, it's worth noting that the cost of preferred stock may vary across different companies, depending on their individual risk profiles and market conditions. Ultimately, investors must carefully consider the unique features of each preferred stock investment before making a decision.

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On June 30, Year 3, Perez Company's total current assets were $495,500 and its total current liabilities were $272,500. On July 1, Year 3, Perez issued a short-term note to a bank for $41,200 cash. Required a. Compute Perez's working capital before and after issuing the note. b. Compute Perez's current ratio before and after issuing the note. (Round your answers to 2 decimal places.)

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a.Before issuing the note, Perez Company's working capital was:

Working Capital = Total Current Assets - Total Current Liabilities

Working Capital = $495,500 - $272,500 = $223,000

After issuing the note, Perez Company's working capital becomes:

Working Capital = Total Current Assets - Total Current Liabilities

Working Capital = $495,500 + $41,200 - $272,500 = $264,200

b. Before issuing the note, Perez Company's current ratio was:

Current Ratio = Total Current Assets / Total Current Liabilities

Current Ratio = $495,500 / $272,500 = 1.82

After issuing the note, Perez Company's current ratio becomes:

Current Ratio = Total Current Assets / Total Current Liabilities

Current Ratio = ($495,500 + $41,200) / $272,500 = 1.97

Therefore, the current ratio increases from 1.82 to 1.97 after issuing the short-term note.

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electronic wonders reports net income of $95,900. the accounting records reveal depreciation expense of $50,500 as well as increases in prepaid rent, accounts payable, and income tax payable of $39,700, $23,900, and $20,500, respectively. prepare the operating activities section of electronic wonders' statement of cash flows using the indirect method. (amounts to be deducted and negative values should be indicated by minus sign.)

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Operating Activities Section of Electronic Wonders' Statement of Cash Flows: Net Income: $95,900 Adjustments for: Depreciation Expense: +$50,500 Increase in Prepaid Rent: -$39,700 Increase in Accounts Payable: +$23,900

Increase in Income Tax Payable: +$20,500 Net Cash Provided by Operating Activities: $151,100 To prepare the operating activities section of Electronic Wonders' statement of cash flows using the indirect method, we start with the net income of $95,900. Then, we make adjustments for non-cash expenses and changes in working capital. The depreciation expense of $50,500 is added back as it is a non-cash expense.

The increases in prepaid rent, accounts payable, and income tax payable are considered changes in working capital. Since they are increases, we subtract them from the net income. The increase in prepaid rent of $39,700, increase in accounts payable of $23,900, and increase in income tax payable of $20,500 are deducted. A

dding back the depreciation expense and deducting the changes in working capital, we arrive at a net cash provided by operating activities of $151,100. This amount represents the cash generated from the company's core operating activities during the specified period.

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the purchasing department is designing a new ais. who is best able to determine departmental information requirements?

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The purchasing department is best able to determine departmental information requirements.

The correct answer is an option (d)

We know that the Purchasing department is responsible for sourcing and earning the goods and services needed by the company. This includes relating implicit suppliers, negotiating prices and contracts, and placing orders for accoutrements and inventories.  

The people who'll actually be using the new system are in the position to determine the system’s information conditions.

The steering commission is a high-position superintendent committee that oversees the function of the information system.

The regulator is the director of the account department and probadeptly doesn't understand the purchasing departmental information conditions.  

And, the top operation has not detailed analysis of the purchasing department’s information conditions.

Therefore, the correct answer is an option (d)

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The complete question is:

The purchasing department is designing a new AIS. Who is best able to determine departmental information requirements?

a). steering committee

b). controller

c). top management

d). purchasing department

Which two of the following contribute to the difficulty in accurately measuring the impact of multichannel marketing? The large amount of data collected about all stages of the purchase decision process
The task of assigning credit to various channels for their roles

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Multichannel marketing involves using multiple channels, such as email, social media, mobile, and web, to reach customers and promote products or services. While this approach offers many benefits, such as increased reach and engagement, it also presents challenges when it comes to measuring its impact.

Two key factors that contribute to this difficulty are the large amount of data collected about all stages of the purchase decision process and the task of assigning credit to various channels for their roles.
Firstly, multichannel marketing generates a vast amount of data that needs to be collected, analyzed, and interpreted. This includes data on customer behavior, preferences, and interactions across various channels, as well as data on sales and revenue. As a result, it can be challenging to make sense of this data and extract insights that can inform marketing decisions and strategies.
Secondly, the task of assigning credit to various channels for their roles can also be challenging. Customers often interact with multiple channels before making a purchase, and it can be difficult to determine which channels had the most significant impact on their decision. This can lead to an incomplete or inaccurate understanding of the effectiveness of each channel and make it challenging to optimize the marketing mix.
Overall, accurately measuring the impact of multichannel marketing requires a robust data analytics framework and a comprehensive approach to attribution modeling. By leveraging these tools and techniques, marketers can gain a better understanding of the customer journey and the role that each channel plays in driving engagement, conversion, and revenue.

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your project team is not delivering as planned due to interpersonal issues. which performance domain should you review to identify potential corrections you could make?

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To identify potential corrections for interpersonal issues affecting the project team's performance, the project manager should review the Human Resource (HR) performance domain.

The HR performance domain focuses on managing the project team, including the hiring, training, and development of team members. This domain also covers issues related to team motivation, communication, and conflict resolution. By reviewing the HR performance domain, the project manager can identify potential areas for improvement in managing the team's interpersonal issues and implement corrective actions to improve team performance.

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mom promises to pay $100 to junior, her 20-year-old son, if junior promises to refrain from drinking any caffeinated drinks until he reaches the age of 22. junior, excited about the money, makes the promise not to drink any caffeinated drinks. the agreement is: a. not binding, because junior conveyed nothing of legal value to mom. b. binding, because there is consideration to support the agreement. c. not binding, because there is no genuine bargained-for exchange. d. not binding, because refraining from drinking caffeine is inadequate legal value for $100. 85

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The correct answer is b. binding, because there is consideration to support the agreement.

In this scenario, both parties involved, Mom and Junior, have provided consideration. Mom promises to pay $100, which is a form of consideration, and Junior promises to refrain from drinking caffeinated drinks until he turns 22. The promise made by Junior represents his consideration. For a contract to be binding, there must be an exchange of consideration, which means both parties must offer something of value. In this case, both parties have made promises that can be considered as legally enforceable consideration. Therefore, the agreement is binding based on the presence of consideration from both parties.

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when a scarce good or resource is consumed by the person who does not value it most, economists refer to the situation as

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When a scarce good or resource is consumed by a person who does not value it most, economists refer to the situation as "inefficient allocation" or "inefficient distribution."

This means that the resource is not allocated to its highest-valued use, resulting in a suboptimal outcome from an economic perspective. It suggests that there could be potential gains in overall welfare if the resource were allocated to someone who values it more.

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