Business

Nika wants to borrow some money from the bank and needs to determine her net worth. she has a car worth $3,400 and has $400 in her checking account. if her only debt is $600 she still owes on her car, what is her net worth? HELP ITS EASY ILL GIVE BRAINLY AND A HUG
1 Answer
Firms face competing pressures in the marketplace-how to achieve lower costs through proven approaches to production, while looking at how to maximize their effectiveness in local markets. A firm's choice of strategy must reflect these pressures, and the firm knows that the dynamics of competition may require changes in strategy. Pressures for local responsiveness mean that a firm may not be able to realize the full benefits from economies of scale, learning effects, and location economies. Customization of products brings benefits, but it also limits the firm's ability to realize significant scale economies and location economies. Companies generally choose from four main strategic postures: a global standardization strategy, a localization strategy, a transnational strategy, or an international strategy. The appropriateness of each strategy varies given the competitive realities and the firm's core competences.Read the case below and answer the questions that follow. Your firm has been a leader in several lines of fast-moving consumer goods. The firm has been following a localization strategy. Your products have been distributed in a number of foreign markets and regions, and they are distinct enough in local markets to respond to national tastes and preferences. Competition, however, has become more intense, with many competitors using lower cost structures to undercut your prices and still satisfy your customers. The firm must decide what kind of strategy it needs to follow to meet the demands of the local markets as well as the increased competitive pressures on cost. a. leverage skills and products associated with a firm's core competencies from one country to another. b. monitor and adapt to changing customer tastes in a large number of foreign markets. c. compete effectively in more than one international market.
1 Answer
An apparel company has introduced three different varieties of shoes at different price points. a company that produces shampoos have now introduced dishwashing liquids in the market. a shoe company sells its floaters at a price that does not even cover its production cost. a chocolate company introduces its new range of chocolates at a discounted price for limited stock only. loss leadership arrowRight promotional pricing arrowRight product line pricing arrowRight brand extension
2 Answers
Jeremy Pruitt Ltd is considering the replacement of a delivery truck. The current truck could last for 3 more years. Operating costs are 5000 per year. We are currently depreciating it at 4000 per year. We could sell it at the end of the 3 years for 2000 with a book value of zero. If we purchase the new truck for 32000, we could use three year MACRS. We could sell the old truck now for 7000. Operating costs would drop to 1000 per year. We can sell the new truck for 15000 at the end of the 3rd year. Tax rate is 40%, WACC is 10%. Should we replace the truck?
1 Answer
When an organization tries to influence the adaptation of individuals, the process of _____ is occurring. Group of answer choices encounter socialization individualization metamorphosis
1 Answer
What does it mean to consider logic when prioritizing tasks?
2 Answers
You hit the lottery! You get offered $10 million now or $1 million a year for 13 years. Assume a 3 percent interest rate. Which would you choose and why
2 Answers
Countess Corp. is expected to pay an annual dividend of $4.39 on its common stock in one year. The current stock price is $92 per share. The company announced that it will increase its dividend by 3.55% annually. What is the company's cost of equity
1 Answer
Interpreting the Accounts receivable Footnote Hewlett-Packard Company (HPQ) reports the following in its 2007 10-K report. October 31 (in millions) 2007 2006 Accounts receivable, net $13,420 $10,873 HPQ footnotes to its 10-K provide the following additional information relating to its allowance for doubtful accounts. For the fiscal years ended October 31 (in millions) 2007 2006 2005 Allowance for doubtful accounts-accounts receivable Balance, beginning of period $220 $227 $286 Increase in allowance from acquisition 245 3 4 Addition of bad debts provision 32 37 17 Deductions, net of recoveries (29) (48) (76) Balance, end of period $226 $220 $227 Required:a. What is the gross amount of accounts receivables for HPQ in fiscal 2007 and 2006?b. What is the percentage of the allowance for doubtful accounts to gross accounts receivable for 2007 and 2006?c. What amount of bad debts expense did HPQ report each year 2007 through 2006? What amount was actually written off?
1 Answer
The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,405,000, $141,000 in the common stock account, and $2,660,000 in the additional paid-in surplus account. The December 31, 2016, balance sheet showed long-term debt of $1,590,000, $151,000 in the common stock account, and $2,960,000 in the additional paid-in surplus account. The 2016 income statement showed an interest expense of $94,500 and the company paid out $146,000 in cash dividends during 2016. The firms net capital spending for 2016 was $970,000, and the firm reduced its net working capital investment by $126,000.What was the firm's 2016 operating cash flow, or OCF? (A negative answer should be indicated by a minus sign. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
1 Answer
Each of these is a key element of goal setting:specificintelligenttime-boundmeasurable
1 Answer
On January 1, 2021, the Moody Company entered into a transaction for 100% of the outstanding common stock of Osorio Company. To acquire these shares, Moody issued $400 in long-term liabilities and also issued 40 shares of common stock having a par value of $1 per share but a fair value of $10 per share. Moody paid $20 to lawyers, accountants, and brokers for assistance in bringing about this acquisition. Another $15 was paid in connection with stock issuance costs. Prior to these transactions, the balance sheets for the two companies were as follows: Moody Osorio Cash $180 $40 Receivables 810 180 Inventories 1,080 280 Land 600 360 Buildings (net) 1,260 440 Equipment (net) 480 100 Accounts payable (450) (80) Long-term liabilities (1,290) (400) Common stock ($1 par) (330) Common stock ($20 par) (240) Additional paid-in capital (1,080) (340) Retained earnings (1,260) (340) Note: Parentheses indicate a credit balance. In Moody's appraisal of Osorio, three assets were deemed to be undervalued on the subsidiary's books: Inventory by $10, Land by $40, and Buildings by $60. Compute the amount of consolidated inventories at date of acquisition.A. $1,080.B. $1,420.C. $1,065.D. $1,425.E. $1,440.
1 Answer
The purpose of environmental forecasting is to ______. Multiple choice question. collect and interpret data on competitors follow trends in a firm's external environment monitor the external environment predict change
1 Answer
drawing increase the investment of the owner true or false
2 Answers
What problems might robert encounter in comparing these companies to one another on the basis of their ratios? (select all the answers that apply.) a. financial ratios from software companies are never very reliable. b. the operating characteristics of firms across different industries vary significantly resulting in very different ratio values. c. the four companies are in very different industries. d. caution must be exercised when comparing older to newer firms, e.g., utility company vs. software company?
1 Answer
Mazeppa Corporation sells relays at a selling price of $28 per unit. The company's cost per unit, based on full capacity of 160,000 units, is as follows: Direct materials $6 Direct labor 4 Overhead (2/3 of which is variable) 9 Mazeppa has been approached by a distributor in Montana offering to buy a special order consisting of 30,000 relays. Mazeppa has the capacity to fill the order. However, it will incur an additional shipping cost of $2 for each relay it sells to the distributor. Required:a. Assume that Mazeppa is currently operating at a level of 100,000 units. Show the calculation for the unit price to charge the distributor which will generate an increase in operating income of $2 per unit.b. Assume that Mazeppa is currently operating at full capacity. To fill the special order, regular customers will have to be turned away. Now what unit price should it charge the distributor if it wishes to increase total operating income by $60,000 more than it would be without accepting the special order?
1 Answer
1. All receivables that are expected to be realized in cash within a year are reported in the __________ section of the balance sheet. current assets investments noncurrent assets current liabilities
1 Answer
The shoe buyer plans to promote flip-flop sandals at $24.99. The buyer needs to purchase10,000 flip flops for the event. 6,000 flip-flop sandals have been purchased at a cost of $11.50. The planned markup for the event is 59.0%. What will be the average cost of the remaining sandals?
1 Answer
Burke Company has a break-even of $600,000 in total sales. Assuming the company sells its product for $40 per unit, what is its margin of safety in units if sales total $1,000,000
1 Answer
Terrance lives in an area that is expensive, but he does not want to move. When looking at a career, what should Terrance consider? He should choose a career cluster that will allow him to support himself. He should pick a career that speaks to his heart and worry about the finances later. He should ask his family to help support him. He should not worry because he can dictate how much money he will earn.
1 Answer
Laws governing sales are only enacted when the rights of an organization are infringed upon TrueFalse
2 Answers
. A consumer electronics company introduced a new music system into the market with multiple features like built in alarm, mobile and iPod charger, radio and many more. The company is trying to influence the _____ perspective of quality by providing multiple features in a single
1 Answer
VitaLive has authorized the development of a video game based on new technology. Which of the following is an example of a risk that has to be accepted because it cannot be mitigated?
1 Answer
PinaCompany is preparing its master budget for 2017. Relevant data pertaining to its sales, production, and direct materials budgets are as follows. Sales: Sales for the year are expected to total 1,200,000 units. Quarterly sales are 20%, 25%, 26%, and 29%, respectively. The sales price is expected to be $40 per unit for the first three quarters and $43 per unit beginning in the fourth quarter. Sales in the first quarter of 2018 are expected to be 15% higher than the budgeted sales for the first quarter of 2017. Production: Management desires to maintain the ending finished goods inventories at 25% of the next quarters budgeted sales volume. Direct materials: Each unit requires 2 pounds of raw materials at a cost of $10 per pound. Management desires to maintain raw materials inventories at 10% of the next quarters production requirements. Assume the production requirements for first quarter of 2018 are 510,000 pounds.Required:Prepare the sales, production, and direct materials budgets by quarters for 2017.
1 Answer