Answer:
Major consumer-protecting laws are:
Explanation:
1. Major federal Act Section 5- This legislation specifies that all firms are required to treat the customer equally and must not be at any disadvantage because of their exploitative treatment.
2. Fair Credit Report Act- This statute guarantees that it is treated equally and safely by all companies handling customer data. It makes sure that no unethical sharing of such information with any 3rd person takes place.
3. Financial Modernization Act - This legislation mandates all commercial banks in the United states to include it in principle how they safeguard and manage customer data securely.
When deciding whether or not to replace old equipment with new equipment, the overriding consideration is the
Answer: d. difference between future cost savings and the new equipment's costs.
Explanation:
When deciding whether or not to replace old equipment, the main thing the company should be concerned about is if the new equipment is worth it. This worth will be measured by how much it saves for the company over the old equipment vs its cost.
If the cost of the equipment is less than the future savings it will bring in, it should be bought to replace the old equipment because it would be contributing more than it costs. If the reverse is true then it should not be bought.
You are the manager of a firm that sells its product in a competitive market at a price of $50. Your firm's cost function is C = 40 + 5Q2. The profit-maximizing output for your firm is
Answer: Q = 5
Explanation:
In a competitive market, the profit maximising quantity is the quantity at which Marginal Cost is equal to Marginal revenue.
In a competitive market, price is equal to marginal revenue so marginal revenue is $50.
Marginal cost would be the differential of the cost function;
= 40 + 5Q²
= (2 * 5) * Q
= 10Q
10Q = 50
Q = 50/10
Q = 5
You are the HR manager for a fifty-person firm that specializes in the development and marketing of plastics technologies. When you were hired, you felt the company had little idea what you should be paid and just made up a number, which you were able to negotiate to a slightly higher salary. While you have been on the job for three months, you have noticed a few concerning things in the area of multiculturalism, besides the way your salary was offered. The following are some of those items:
1.You know that some of the sales team, including the sales manager, get together once a month to have drinks at a strip club.
2. A Hispanic worker left the organization, and in his exit interview, he complained of not seeing a path toward promotion.
3.The only room available for breast-feeding mothers is the women’s restroom.
4.The organization has a policy of offering $200 to any employee who refers a friend, as long as the friend is hired and stays at least six months.
5.The manufacturing floor has an English-only policy.
6.You have heard managers refer to those wearing turbans in a derogatory way.
Questions
1. What do you think needs to be done to create a more inclusive environment, without losing the culture of the company?
2?What suggestions would you make to those involved in each of the situations?
Answer:
read the paragraph and get the answer
Andriel do you remember me
Answer:
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Which of the following would be part of a financial managers investment decision?
a.
Raising money using equity finance.
b.
Spending money on Capital Expenditure.
c.
Spending money on revenue expenditure.
d.
Borrowing Funds.
Answer:
C
Explanation:
isk Co. purchases raw materials on account. Budgeted purchase amounts are April, $96,000; May, $126,000; and June, $136,000. Payments are made as follows: 70% in the month of purchase and 30% in the month after purchase. The March 31 balance of accounts payable is $38,000. Prepare a schedule of budgeted cash payments for April, May, and June.
Answer:
Given that Payments are made as follows: 70% in the month of purchase and 30% in the month after purchase, therefore, firstly we need to differentiate the total amount of purchases of each month into 70% and 30%. 70% of the purchases will be paid in current month and balance 30% of the purchases will be ending accounts payable for that month and paid in next month. This is shown as follows:
Particulars April May June
Current month purchases 70% $67,200 $88,200 $95,200
Ending accounts payable 30% $28,800 $37,800 $40,800
Total purchases $96,000 $126,000 $136,000
The schedule of budgeted cash payments for the month of April May and June are shown as follows:-
Schedule of Cash Payments
For April, May, and June
April May June
Cash payments for:
Current month purchases $67,200 $88,200 $95,200
Prior month purchases $38,000 $28,800 $37,800
Budgeted cash payments for materials $105,200 $117,000 $133,000
Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (8,500 units) $ 263,500 $ 31.00 Variable expenses 161,500 19.00 Contribution margin 102,000 $ 12.00 Fixed expenses 55,200 Net operating income $ 46,800 Required: (Consider each case independently): 1. What would be the revised net operating income per month if the sales volume increases by 50 units? 2. What would be the revised net operating income per month if the sales volume decreases by 50 units? 3. What would be the revised net operating income per month if the sales volume is 7,500 units?
Answer and Explanation:
The calculation of the revised net operating income per month in the following cases:
1. The sales volume increases by 50 units.
Sales revenue (8,550 units × $31) $265,050
Less: Variable expenses (8,550 units × $19) $162,450
Contribution margin $102,600
Less: Fixed expenses $55,200
Net operating income $47,400
2. The sales volume decreases by 50 units.
Sales revenue (8,450 units × $31) $261,950
Less: Variable expenses (8,450units × $19) $160,550
Contribution margin $101,400
Less: Fixed expenses $55,200
Net operating income $46,200
3. The sales volume is 7,500 units.
Sales revenue (7,500 units × $31) $232,500
Less: Variable expenses (7,500 units × $19) $142,500
Contribution margin $90,000
Less: Fixed expenses $55,200
Net operating income $34,800
Computer equipment was acquired at the beginning of the year at a cost of $70,700 that has an estimated residual value of $4,200 and an estimated useful life of 5 years. a. Determine the depreciable cost. $fill in the blank 1 b. Determine the straight-line rate. fill in the blank 2 % c. Determine the annual straight-line depreciation. $fill in the blank 3
Answer:
a, The depreciable cost when using the straight line method is;
= Cost of asset - Residual value
= 70,700 - 4,200
= $66,500
b. As the rate is uniform over the life of the asset, the rate is 100% divided by the life of the asset.
= 100%/5
= 20%
c. Annual depreciation will therefore be;
= Depreciation rate * depreciable cost
= 20% * 66,500
= $13,300
You are considering borrowing $10,000 for 3 years at an annual interest rate of 6%. The loan agreement calls for 3 equal payments, to be paid at the end of each of the next 3 years. (Payments include both principal and Interest.) The annual payment that will fully pay off the loan is?
a. $2,890.
b. $4,020.
c. $2,674.
d. $3,741.
A firm has an Inventory turnover (IT) of 5 times a year on a cost of goods sold (COGS) of $800,000. If the firm improves the inventory turnover to 8 times a year while the COGS remains the same, which of the following statements is true?
a $100,000 is additionally invested in purchasing stock.
b. $160,000 is released into the working capital.
C. $60,000 is additionally invested into purchasing stock
d. $60,000 is released into the working
Answer:
d. $60,000 is released into the working
Explanation:
A high inventory indicates that a company sells its stock many times in a year. It means its costs of managing inventory decreases.
The inventory turnover ratio is calculated as below
=Cost of goods sold/ average inventory
If COGS = $800,000 and the inventory turnover ratio =5,
the average inventory will be
=$800,000 /5
=$160,000
With a turnover of 8, and COGS remain $800,000, average inventory will now be
=$800,000/8
=$100,000
The average inventory will decrease to $100,000 from $160,000 previously.
$60,000 will be released to working capital.
in a market segment approach, which statement below dose not apply
You are graduating from college at the end of this semester and have decided to invest $ at the end of each year into a Roth IRA (a retirement investment account that grows tax free and is not taxed when it is liquidated) for the next years. If you earn percent compounded annually on your investment of $ at the end of each year, how much will you have when you retire in years? How much will you have if you wait 10 years before beginning to save and only make payments into your retirement account?
Answer:
the numbers are missing, so I looked for similar questions:
You are graduating from college at the end of this semester and have decided to invest $5,000 at the end of each year into a Roth IRA, (which is a retirement investment account that grows tax free and is not taxed when it is liquidated) for the next 45 years. If you earn 8 percent compounded annually on your investment of $5,000 at the end of each year, how much will you have when you retire in 45 years? How much will you have if you wait 10 years before beginning to save and only make 35 payments into your retirement account?
We have to determine the future value of an annuity:
FV = annual contribution x FV annuity factor
annual contribution = $5,000
FV annuity factor, 45 periods, 8% = 386.50562
FV = $5,000 x 386.505662 = $1,932.528
if you wait 10 years before starting to save, then the future value will be:
FV = annual contribution x FV annuity factor
annual contribution = $5,000
FV annuity factor, 45 periods, 8% = 172.3168
FV = $5,000 x 172.3168 = $861,584
Identify five areas of concern where business standards apply
Answer:
The government regulates the activities of businesses in five core areas: advertising, labor, environmental impact, privacy and health and safety.
Consumer protection Via Advertising Restrictions. ...
Employment and Labor Protection. ...
Environmental Impact of Business. ...
Date Security and Privacy Protection. ...
Safety and Health.
what is the last step in finding a solution to a problem?
A. choose a solution and try it
B. ignore the problem and it will go away
C. think about ways to solve the problem
D turn the problem into a question
Answer: d
Explanation: hope it helps
Answer:
Choose a solution and try it.
Explanation:
I just finished this lesson and my answer was correct ;}
"The Boyle Company estimated that April sales would be 10,000 units with an average selling price of $2.00. Actual sales for April were 8,000 units and average selling price was $2.10. The sales volume variance was:"
Answer:
-$4,000 unfavourable
Explanation:
The sales volume variance is calculated as ;
= (Actual sales units - Estimated sales units) × Estimated selling price.
Given that;
Actual sales units = 8,000
Estimated sales units = 10,000 units
Estimates selling price = $2 per unit
Therefore,
Sales volume variance = (8,000 - 10,000) × $2
Sales volume variance = -$4,000 unfavourable
Which diagram arranges the types of business organizations from the most complicated to start to the least complicated to start?
Answer:
C. Corporation- partnership - Sole Proprietorship
Explanation:
Corporation- partnership—Sole Proprietorship is the diagram arranges the types of business organizations from the most complicated to start to the least complicated to start. Hence, option C is correct.
What is partnership?Partnership is the deal between the two person or party to start the business, partnership can be legally registered or can also start without the partnership agreement.
In partnership the investment is invested by both the partners that and the profit and loss is divided into equally.
Thus, option C is correct.
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During the year, Carolina, Inc. writes off a client's Accounts Receivable of $1,600 because it determines that the receivable is uncollectible. Immediately before the write-off, Carolina has total Accounts Receivable of $120,000 and its Allowance for Doubtful Accounts is $16,000. After the write-off, what is the amount of Carolina's net accounts receivable
Answer:
the Net accounts receivables after write off is $104,000
Explanation:
The computation of the net account receivable after write off is shown below:
Net accounts receivables after write off is
= (Account receivable - written off) - (Allowance for doubtful accounts - written off)
= ($120,000 - $1,600) - ($16,000 - $1,600)
= $118,400 - $14,400
= $104,000
hence, the Net accounts receivables after write off is $104,000
A personal account earmarked as a retirement supplement contains $292,100. Suppose $250,000 is used to establish an annuity that earns 5%, compounded quarterly, and pays $5000 at the end of each quarter. How long will it be until the account balance is $0? (Round your answer UP to the nearest quarter.)
Answer:
It will take approximately 78 quarters until the account balance is $0.
Explanation:
This can be calculated using the following formula:
n = log(p / (p - A(q - 1))) / log(q) .................... (1)
Where;
n= Number of quarters it will take until the account balance is $0 = ?
A = Amount used to establish the annuity = $250,000
p = quarterly payment = $5,000
q = 1 + (Annual interest rate / Number of quarters in a year) = 1 + (5% / 4) = 1.0125
Substituting the values into equation (1), we have:
n = log(5000 / (5000 - (250000*(1.0125 - 1)))) / log(1.0125)
n = log(5000 / (5000 - (250000 * 0.0125))) / log(1.0125)
n = log(5000 / (5000 - 3125)) / log(1.0125)
n = log(5000 / 1875) / log(1.0125)
n = log(2.66666666666667) / log(1.0125)
n = 0.425968732272282 / 0.00539503188670614
n = 78.955739505805
Rounding to the nearest quarters, we have:
n = 78. This because the quartely payment is less than $5000 at the end of the 79th quarter.
Therefore, it will take approximately 78 quarters until the account balance is $0.
Your firm has the opportunity to buy a perpetual motion machine to use in your business. The machine costs $1,000,000 and will increase your profits by $75,000 per year. What is the internal rate of return?
Answer:
7.5%
Explanation:
A forever series formula for the interest rate is i = A / PV
Annual benefits = $75,000
Present value = $1,000,000
Thus, i = $75,000 / $1,000,000
i = 0.075
i = 7.5%
Therefore, the internal rate of return is 7.5%
Contractionary monetary policy is designed to:
A. reduce long-term interest rates.
B. increase the available money supply.
C. reduce overall economic activity.
D. offer treasury securities for sale.
Contractionary monetary policy is designed to: C. reduce overall economic activity.
What is a monetary policy?A monetary policy is also referred to as a fiscal policy and it can be defined as the use of government expenditures (spending) and revenues (taxation), so as to influence macroeconomic conditions such as:
Aggregate Demand (AD)InflationEmployment within a country. The types of monetary policy.In Economics, there are two main types of monetary policy and these include the following:
Expansionary monetary policy.Contractionary monetary policy.Generally, a contractionary monetary policy is designed and adopted by the government to reduce overall economic activity in a particular country.
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reduce overall economic activity.
4. What aspect of project management was omitted from the PMI definition that is included in the definition proposed by Meredith and Mantel
Answer:
Fulfilling client's expectations
Explanation:
Project management can be defined as the use of skills, tools and knowledge to effectively execute a project.
The Project Management Institute (PMI) aims to develop the project management profession.
PMI definition proposed by Meredith and Mantel has included client satisfaction as a criteria for project success.
Initially client satisfaction was not included in Project Management definition.
According to them project management is the use of skills, tools, and knowledge to meet and exceed customer expectations.
This definition now different from the previous one that focuses on meeting project specifications
Walters manufactures a specialty food product that can currently be sold for $21.80 per unit and has 19,800 units on hand. Alternatively, it can be further processed at a cost of $11,800 and converted into 11,800 units of Deluxe and 5,800 units of Super. The selling price of Deluxe and Super are $31.20 and $19.80, respectively. The incremental income of processing further would be:
Answer:
$51,360
Explanation:
The computation of the incremental income of processing further is shown below:
Given that
Total sales unit before further processing is 19,800 units
And, its sale price per unit is $21.80
So, the total sales price is
= 19,800 units × $21.80
= $431,640
$483000
Now after processing, the sales revenue in both the deluxe and super is
= 11,800 units × $31.20 + 5,800 units × $19.80
= $368,160 + $114,840
= $483,000
So, the incremental net income after further processing is
= $483,000 - $431,640
= $51,360
During a six month period, a department had planned sales of $75,000 and planned turnover of 2.6. Using the Basic Stock Method, determine the BOM stock for February, if planned sales for February are $10,500.
Answer:
the BOM stock is $26,846
Explanation:
The computation of the BOM stock for the feb month is shown below:
But before that following calculations need to be done
Average stock is
= net sales ÷ stock turnover
= $75,000 ÷ 2.6
= $28,846
Now the basic stock is
= Average stock - monthly sales
= $28,846 - ($75,000 ÷ 6)
= $16,346
And, finally BOM stock is
= Planned sales + basic stock
= $10,500 + $16,346
= $26,846
hence, the BOM stock is $26,846
A storage tank acquired at the beginning of the fiscal year at a cost of $90,000 has an estimated residual value of $12,000 and an estimated useful life of 25 years. a. Determine the amount of annual depreciation by the straight-line method. $fill in the blank 1 b. Determine the amount of depreciation for the first and second years computed by the double-declining-balance method.
Answer:
a) The amount of annual depreciation by straight-line method = Cost of the asset - Salvage Value / Number of years in useful life
= ($90,000 - $12,000) / 25 years
= $78,000 / 25 years
= $3,120
Thus, the amount of depreciation under straight-line method is $3,120.
b) Depreciation for first year under double declining balance method = Cost of the asset / Number of years in useful life * 2
= $90,000 / 25 years * 2
= $7,200
Thus, the amount of depreciation for the first year under double declining balance method is $7,200.
Depreciation for second year under double declining balance method = Cost of the asset - First year depreciation / number of years in useful life * 2
= $90,000 - $7,200 / 25 years * 2
= $6,624
Thus, the amount of depreciation for the second year under double declining balance method is $6,624.
You make $40,000 per year. You have been offered a promotion and a $5,000 raise per year. Your average federal income tax rate will go up from 10% to 15% per year. Should you take the new job and the raise?
Answer:
Yes, Accept the new Job and raise
Explanation:
With the old Job, the annual income is $40,000 and a tax rate of 10%.
The annual tax obligation is 10% of $40,000
=10/100 x $40,000
=0.1 x $40,000
=$4,000
Annual take home is $40,000 -$4,000
=$36,000
With the new salary, the tax obligation will be
Tax rate=15%
Salary =$45,000
=15/100 x $45,000
=0.15 x $45,000
$6,750
The new take home pay is $45,000- $,6750
=$38,250
With the new Job, the take-home pay increases from $36,000 to $38,250.
The new Job and raise should be accepted.
All of the following would have to be reviewed by a principal EXCEPT: A Letters recommending securities to all clients of a registered representative B Complaint letters received from customers C Form letters mailed to all customers D Form letters for internal use within a firm
Answer:
D Form letters for internal use within a firm
Explanation:
A principal is a shareholder that has 10% or more of the voting shares of a company that is privately held or publicly traded.
Principals take into consideration SEC rules for insider trading.
The principal studies various activities such as Letters recommending securities to all clients of a registered representative, Complaint letters received from customers, Form letters mailed to all customers.
This is done to ensure he makes informed decisions regarding investment.
Usually other shareholders take a cue from investing activities of the principal.
Form letters for internal use do not determine share performance, so it is not reviewed by a principal.
Principal is different from majority shareholder who has 50% of more of voting shares.
Will mark brainly
Martha runs a small travel and tourism business. She, along with her staff, organizes vacations for her clients. Recently, Martha opened a new branch of her business in a different city. She has decided to print new brochures and catalogs that give information about her business. She also plans to mail these brochures to various homes in a location that attracts customers. Which type of promotion does Martha plan to use?
A.
sales promotion
B.
direct marketing
C.
personal selling
D.
advertising
E.
public relations
Answer:
c
i can't ghshjdhnsjsggsbdn
Answer:
B - Direct Marketing
Explanation:
1. Plato
2. personal selling is meeting face to face. Direct marketing does not invlove interaction with customers. (:
Alex wrote the sentence: The big dog was really fat. He ate a lot. Why does Alex need a thesaurus? a. The sentences begin with the same word c. The sentences lack creativity b. Many words are repeated d. None of these
Answer:C
Explanation:
The sentences lack creativity does Alex need a thesaurus. Hence, option C is correct.
What is lack creativity?The main causes of a lack of creativity are typically overwhelm, the wrong approach, or overwhelming input. It's a straightforward problem to fix. Years ago, I struggled with writer's block. I wanted to create a book, but I was at a loss for good topics.
A lack of creativity or imagination as a trait. dullness, lack of creativity, unoriginality, and commonplaceness.
One of the reasons people don't feel motivated is because they believe innovation is a zero-sum game. They believe, "Never could I accomplish it! That is something I could never come up with as great! "when they notice somebody like Steve Jobs in the news or Einstein in the history books.
Thus, option C is correct.
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The strengths of a company can only include tangible things.
True
False
Answer:
True is the answer cause tangible things is a physical object that can be perceived by touches such as a building, vehicle, or gadget.
For a period during which the quantity of product manufactured exceeds the quantity sold, operating income reported under absorption costing will be smaller than operating income reported under variable costing. True False
Answer:
False
Explanation:
Operating income reported under absorption costing will be smaller than operating income when quantities of products manufactured are less than the quantities sold (Sales > Production). This is because Fixed costs deferred in inventory will be falling and the costs of sales in absorption cost will be rising.