A grocery chain is interested in exploring the impact effective supply chain management would have. Suppose that for every $1 of sales, 4% is profit, 50% is spent in the supply chain, and the remaining 46% is evenly divided between fixed and production costs. If the chain can save $1 in the supply chain, it would take how many dollars of increased sales to have the same increase in profit? Assume that fixed costs are fixed so that the portion of increased sales allocated to fixed costs is instead profit (27% profit margin combined now).

Answers

Answer 1

Answer:

$3.70

Explanation:

In this question we have to assume the items values

Let say

Sales = $100

So supply chain it spends 50% i.e $50

Profit is 4% i.e $4

Since the 46% is dividend among fixed and production costs

So the fixed cost is $23 and variable cost is $23

Now if the sales increase by $X, the revenue will increase by X.

So it would also increased the cost by X × (0.5+0.23)

And in overall, the profit is also increased

Plus it is given that there is  27% profit margin

So, the equation is

0.27X = 1

Therefore X = $3.70 with additional profit of $1


Related Questions


"Health Insurance, Inc., believes that its employees waste work time talking and texting on their own phones. The employer notifies its employees that it will monitor these communications. Some employees file a suit, claiming a violation of privacy. The court is most likely to hold that, with respect to the employees’ own phones,"?
A. federal law prohibits the employees’ privacy claim.
B. they have a reasonable expectation of privacy.
C. federal law prohibits the employer’s "intentional interception."
D. the employer did not violate the employees’ privacy rights.

Answers

Answer:

Option B

They have a reasonable expectation of privacy.

Explanation:

By Federal laws, the employees of an organization are entitled to a reasonable amount of privacy.This is seen in a more general term as  "the right to be let alone." This means that they have a right to have their cellphone activity kept private and not monitored by the company.

Definitely, the court will rule in the favor of the employees because the monitoring of employees cellphones is against the privacy laws of the nation

C. calculate the dollar value of us bonds held by the chinese government. explain how you determined your answer. identify the relationship between financial inflows and outflows for each country ( ____/5)

Answers

Answer:

The Chinese government holds $200 of U.S. bonds.

Explanation:

LThe Chinese government holds $200 of U.S. bonds. This is so because of payments must the same to each other and since the U.S spent a total of $2,100 and the Chinese as we can see also spent a total of $1,900 with the bonds not been included, getting the difference between them American and Chinese bond ($2,100-$1,900) which is $200.Financial Account for U.S =$200 and the Financial Account for Japan=$800 For the U.S., it is more money coming in than out so it has a $600 Financial account Surplus. China has a $600 outflow or money going out, for this reason China will be the one having a deficit in its financial account.

Answer:

Japan and China are the largest foreign holders of US debt. By January 2018, China held $1.17 trillion of US debt, which is a lot of money. But it has decreased to $1.1 trillion by January 2020 (still is a lot of money).

Current American national debt is approximately $23.4 trillion, so China's share is almost 5%. Currently only Japan owns more national debt than China, with $1.17 trillion approximately.

What both countries have in common is that the US has a trade deficit with them. Logically we can assume that countries that have high trade surpluses with the US, will also have large amounts of US securities. Both China and Japan benefit from trading with the US and instead of taking money, they take home US securities. The financial outflow to those countries is larger than the financial inflow from those countries.  

Andrea, an enterprising individual, wants to open a store in her town. She wants her store to be of the same type as a popular coffee chain that is successfully opening in a city nearby. Andrea wants to become a(n)

A. business incubator.
B. innovator.
C. angel investor.
D. franchisee.
E. intrapreneur.

Answers

Answer:

D. Franchisee

Explanation:

A franchisee can be defined as an individual who is a small business owner who operates a franchise. A franchisee is given license by the franchisor to run a business under the franchisor's trade mark, trade name and method of operations. A franchise is a business in which the owners sell the rights to their business trade mark, trade name, logo and method of operations to a third party outlet or individuals owned separately by who we refer to as the franchisee. In this case, Andrea wants to become a franchisee by opening the same type of popular coffee chain in her town that is found in a nearby town.

In 2019, Joan accepted and received a $10,000 award for outstanding civic achievement. Joan was selected without any action on her part, and no future services are expected of her as a condition of receiving the award. What amount should Joan include in her 2019 gross income in connection with this award?A. $0B. $4000C. $5000D. $10000

Answers

Answer:

A) $0

Explanation:

If the award was unsolicited and given to Joan in recognition for her accomplishments in scientific, educational, literary, religious, artistic, or civic fields, then the award is not taxed.

The unsolicited part is the key here, since most awards are given to candidates that have been previously been nominated by someone, e.g. Nobel prizes are only given to nominated candidates and the winners must pay income taxes.

The Keynesian cross shows: A) determination of equilibrium income and the interest rate in the short run. B) determination of equilibrium income and the interest rate in the long run. C) equality of planned expenditure and income in the short run. D) equality of planned expenditure and income in the long run.

Answers

Answer:

C. Equality of planned expenditure and income in the short-run

Explanation:

The Keynesian cross shows equality of planned expenditure and income in the short-run

The Keynesian Cross plots aggregate income(Y) on the horizontal axis and planned total spending or aggregate expenditure(AD) on the vertical axis.

The Keynesian cross diagram is a formulation of the central ideas in Keynes' General Theory.

From the attached diagram,

the upward sloping blue line represents the aggregate expenditure for goods and services by all households and firms as a function of their income.

The 45-degree line represents an aggregate supply curve which embodies the idea that, as long as the economy is operating at less than full employment, anything demanded will be supplied.

Aggregate expenditure and aggregate income are measured by dividing the money value of all goods produced in the economy in a given year by a price index. The resulting construct is referred to as Real Gross Domestic Product.

Billy's occupation is a potentially dangerous one long dash— he is a skydiving instructor. His agent pointed out that the monthly premiums will be high. Billy wants a lot of value for his money. He could take advantage of​ ______ life insurance at this time to save money.

A. whole.
B. variable.
C. universal.
D. credit.
E. term.

Answers

Term life insurance

On January 1, 2021, the Esquire Corporation purchased equipment at a cost of $165,000. The equipment was expected to have a service life of 10 years and a $15,000 residual value. The straight-line depreciation method was used. At the beginning of 2023 the estimate of residual value was revised from $15,000 to zero. Depreciation for 2023 should be:

Answers

Answer:

$45,000

Explanation:

Equipment cost: $165,000

We substract first the residual value of $15,000

Depreciable amount = $165,000 - $15,000

                                  = $150,000

By the straight-line method, we divide the depreciable amount by the number of useful life years to obtain the depreciation per year:

Depreciation per year = $150,000 / 10 years

                                      = $15,000

The equipment was purchased in 2021, it means that 3 years will have passed by the end of 2023. To find the depreciation expense at this moment in time we multiply the previous number by three.

Depreciation for 2023 = $15,000 x 3

                                      = $45,000

Final answer:

The depreciation for 2023 after adjusting for the residual value is $15,000.

Explanation:

The initial book value of the equipment is the cost minus the initial residual value, which is $165,000 - $15,000 = $150,000. This value is then depreciated equally across 10 years which is $15,000 per year. However, at the beginning of 2023, the residual value was revised from $15,000 to zero. This means the remaining book value after 2 years (which is $120,000) will be depreciated over the remaining 8 years, giving a depreciation amount of $15,000.

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(Brainliest only)
12. The price at which a nation's currency can be bought using another nation's currency is known as
O A. consumer advantage.
O B. globalization.
O C. the rate of exchange.
O D. currency trade.

Answers

answer: c. the rate of exchange

explanation:

Answer:  C.

Explanation: THE RATE OF EXCHANGE

When the Federal Reserve wants to decrease the money supply, it can: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices lower the required reserve ratio. raise the required reserve ratio. buy Treasury bills. lower the discount rate.

Answers

Answer:

Raise the required reserve ratio.

Explanation:

The reserve ratio is the amount of reserves that commercial banks must hold as a percentage of the total amount of funds.

In the United States, the reserve ratio is currently around 10 percent, which means that banks must keep 10 percent of their total demand deposits as reserve.

Because commercial banks literally create money when they make loans, loans that are made with the money they obtain from the demand deposits that users provide, raising the reserve ratio is a powerful tool that the Federal Reserve has if it wants to decrease the money supply.

This is because a higher reserve ration means that commercial banks will have to keep more demand deposits as reserves, reducing the amount of funds they can loan out, in turn decreasing the quantity of money that they create, which lowers the money supply.

Countries with socialist economies aspire to be "classless." b) Socialism involves an economic ideology in which the government or state plays a strong role in the economy and may own stakes in certain businesses. c) Socialistic countries put a high degree of importance upon worker and labor rights. d) Many European countries have strong socialistic orientations. e) Socialistic economies tend to be somewhat more collectively than individualistically oriented.

Answers

Answer:

Socialism involves an economic ideology in which the government or state plays a strong role in the economy and may own stakes in certain businesses

Explanation:

Socialism is an Economic system owned, managed & run by state (government). The central problems of economy : what, how, for whom to produce - are solved by state. State decisions are based on social welfare guidelines. Market forces are insignificant, private accumulation of property is not there.

However, in Capitalist system - resources are owned, managed, controlled by private sector. The central problems of economy are solved by private sector, as per market forces & profit maximisation guideline. Private accumulation of property is allowed. The system has two classes : Bourgeoisie (Capitalist wealthy entrepreneur class) & Proletariat (Labourers)

So, Socialism having everything under state control, has no classes -Bourgeoisie (entrepreneurs) & Proletariat (Labourers). Hence, it is a Classless Economic System

Collective bargaining is an activity whereby union and management officials attempt to resolve conflicts of interest by exchanging commitments in a manner intended to sustain and possibly enrich their continuing relationship.
A. True
B. False

Answers

A true for sure is the answer

Cynthia's job description states that as assistant director of the HIM department, she will supervise day-to-day operations for the record processing, birth registry, and release of information areas. What principle of management is described?

Answers

Answer:

The correct answer in this case, is Span of Control principle of management or Span of Management.

Explanation:

Under span of control management system or principle of management, the manager of any business or company manages certain number of employee or subordinates who work under him or her. The manager assigns various roles and responsibilities to the respective subordinates according to their pre-assigned designations.If the manager of any organization or business manages a considerably large number of employees or subordinates, then the span of control is wide and if there are relatively fewer number of subordinates or employees working under the manager,it is known as narrow span of control.In this instance, as an assistant director of the HIM department, Cynthia has been assigned the responsibilities and duties mentioned in the question based on their occupational designation. From the information provided, it can be reasonably assumed that she has multiple functions under her supervision and for operational convenience,she may also assign various subordinates or sub-departments working under her control to effectively carry out the concerned duties and responsibilities that fall under her department.Therefore, Cynthia is the reporting supervisor or the assistant director in the HIM department.

The principle of management discussed is 'organizing,' encompassing the structuring of activities and resources to achieve organizational goals. As an assistant director, Cynthia supervises the HIM department's routine operations to ensure ethical and professional information management.

The principle of management described in the student's question is organizing. This principle refers to the structure and coordination of varied activities and resources within an organization necessary to achieve its goals efficiently and effectively. As the assistant director of the HIM (Health Information Management) department, Cynthia is tasked with supervising the day-to-day operations for record processing, birth registry, and release of information areas. This involves overseeing various tasks, aligning them with departmental goals, and ensuring that information handling and dissemination are conducted ethically and professionally. The role also implies that Cynthia is responsible for creating a work environment that balances the needs of the staff and the objectives of the department, consistent with professional information management.

The management practices referred to in the context of Cynthia's job align with the broader theories of management which include planning, organizing, leading, and controlling. Proper information management suggests a systematic approach to handling data and making it accessible, adhering to principles such as honesty, ethics, and appropriate data handling methods.

Huge Co. issues 170,625 shares of common stock ($1 par value) to acquire Little Co. in a purchase business combination. The market value of Huge's common stock is $9. Consulting fees incurred in relationship to the purchase are $80,000. Issuance and registration costs for the common stock are $50,000. What should be recorded in Huge's additional paid-in capital account for this business combination?

Answers

Answer: additional paid-in capital account for this business combination is $1,315,000

Explanation:

Number of shares = 170,625 at $1 par value

Market value = $9

Consulting fee = $80,000

Issuance and registration = $50,000

Investment (170,625 × $9). 1,535,625. Dr.

Consulting expenses 110,000. Dr.

Additional paid in capital is given by;

170,625 × ($9 - $1) - Issuance and registration fee

= $1,365,000 - $50,000

$1,315,000

An ad for Mongoose mountain bikes shows a serious biker traversing remote and rugged but beautiful terrain and states, "There are places that are so awesome and so killer that you'd like to tell the whole world about them. But please, don't." This ad uses the ________ appeal.

Answers

Answer:

sensory  

Explanation:

Sensory appeal: The term "sensory appeal" is described as one of the types of market branding that tends to appeal to every sense associated with a specific brand. Sensory appeal ought to utilize the senses to associate with different customers on a particular "emotional level". However, brands can even forge "emotional associations" in a customer's mind through senses appealing.

In the question above, the given statement represents sensory appeal.

Final answer:

The advertisement uses the emotional appeal technique, aiming to invoke a sense of adventure, independence, and exclusivity in its audience by portraying a rugged, beautiful terrain.

Explanation:

The ad you are referring to uses the emotional appeal method. Emotional appeals are utilized when advertisers want the audience to connect with the message on a deeper, often subconscious, level. In this context, the ad tries to invoke a sense of adventure, independence, and belonging in the viewer. The phrase "There are places that are so awesome and so killer that you'd like to tell the whole world about them. But please, don't." emphasizes the exclusivity and uniqueness of owning a Mongoose mountain bike, thus appealing to emotions and desires of the intended audience.

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You work for a food-processing plant that manufactures corn tortillas. You have been asked to review the activities of upstream management to determine if costs can be cut in that area. Which activities listed below will be your concern?
Select all that apply.a. Contacting the farming cooperative to negotiate the price of corn for your upcoming contract.b. Checking the feasibility of raising the price at which corn tortillas are sold to your business customers.c. Investigating the possibility of diversifying into producing not only corn tortillas but flour tortillas as well.d. Decreasing the cost resulting from returns due to improper handling and packaging of corn tortillas.

Answers

Answer:

A) Contacting the farming cooperative to negotiate the price of corn for your upcoming contract.

Explanation:

You need to cut upstream costs, which means costs related to the supply of materials, parts and components, and the processing of the final goods.

Upstream costs include the price of raw materials and in this case, the raw materials are bought from a farming cooperative. By negotiating a lower price for corn with them, you can actually reduce your upstream costs.

The correct options are a and d. Key upstream management activities to cut costs in a food-processing plant are negotiating corn prices and reducing costs related to returns.

Upstream management activities that would be a concern for cutting costs are:

Contacting the farming cooperative to negotiate the price of corn: By negotiating a lower price for corn, the cost of raw materials can be reduced.Decreasing the cost resulting from returns due to improper handling and packaging: By addressing return issues, costs can be cut.

These activities directly impact production costs and can lead to cost savings in the manufacturing process.

Analysts estimate that one year from today, a bond has a probability of 40 percent of being priced at $950 and a probability of 60 percent of being priced at $1,050. The bond is also callable at any time at $1,010. What is the expected value of this bond in one year

Answers

Answer:

Expected value of bond = $986

Explanation:

given data

probability = 40 percent

priced = $950

probability = 60 percent

priced = $1050

Callable price bond = $1010

solution

we get here Expected value of  bond in one year that is express as

Expected value of bond = (Probability × Price of bond) + (Probability ×  Callable price bond)   ................1

put here value and we get

Expected value of bond =  (0.4 × $950) + (0.60 × $1010)

solve it we get

Expected value of bond = $986

After the death of her husband, Gina Baker, 35, received a check for $350,000 from a life insurance company. Gina has two small children and wants to make sure that both she and the children are taken care of in the future. Based on this information, which of the investment factors listed below would be the most important to Gina in her investment program?
beta
safety
business failure
market risk
liquidity

Answers

Answer: Safety

Explanation:

 According to the given question, Gina is using the safety investment factor as it is one of the important factor in the investment program after her husband death and she is using the safety investment process for the purpose of securing her and the children's future.  

 The safety is basically stand for the simple agreement for the future equities and the secondary purpose of the investment program is to earn some interest money. The investment program is one of the type of monetary assets which is basically provide some profit in the future for example the mutual funds.

 In the same way, the life insurance is one of the program in which the person makes the payment on some regular basis to the insurance company and after the persons; death the company give money to their family.  

 Therefore, Safety is the correct answer.

Answer: Safety

Explanation: After the death of her husband, Gina Baker, 35, received a check for $350,000 from a life insurance company. Gina has two small children and wants to make sure that both she and the children are taken care of in the future. Based on this information, SAFETY investment factors listed below would be the most important to Gina in her investment program.

PLEASE MARK ME AS BRAINLIEST IF MY ANSWER IS HELPFUL thank you

Which of the following procedures would be generally performed when evaluating the accounts receivable balance in an engagement to review financial statements in accordance with Statements on Standards for Accounting and Review Services? .
A. Perform a reasonableness test of the balance by computing days' sales in receivables
B. Vouch a sample of subsequent cash receipts from customers
C. Confirm individually significant receivable balances with customers
D. Review subsequent bank statements for evidence of cash deposits

Answers

Answer:

A. Perform a reasonableness test of the balance by computing days' sales in receivables

Which of the following statements about entrepreneurs is FALSE? A. Entrepreneurs are people who start a new business. B. Entrepreneurs assume all the rewards of starting a new business. C. Entrepreneurs aren’t exposed to any risk when starting a new business. D. Entrepreneurs often come up with new ideas for their business.

Answers

Answer:

C. Entrepreneurs aren’t exposed to any risk when starting a new business.

Explanation:

Entrepreneurs are the person who starts their own business and took a financial risk from the start. Entrepreneurs manage the activities on their own,  develop new ideas. and create the team for the benefit of the organization

Therefore, Entrepreneur exposed to the financial risk while starting their own business

hence, the correct option is C.

Dale City is accumulating financial resources that are legally restricted to payments of general long-term debt principal and interest maturing in future years. At December 31, Year 1, $5,000,000 has been accumulated for principal payments and $300,000 has been accumulated for interest payments. These restricted funds should be accounted for in the: Debt service fund General fund A. $0 $5,300,000 B. $300,000 $5,000,000 C. $5,000,000 $300,000 D. $5,300,000 $0

Answers

Answer:

D. $5,300,000 $0

Explanation

Debt service Fund General fund

Accumulated for principal payments $5,000,000 ( Debt service Fund)

Add Accumulated for interest payments $300,000( Debt service Fund)

Total $5,300,000

General fund

$0

$0

These restricted funds should be accounted for in the: Debt service fund General fund is $5,300,000 because the restricted funds of $5,000,000 accumulated for principal payments and $300,000 accumulated for interest payments should both be accounted for in the debt service fund.

Answer:

D. $5,300,000 $0

Explanation:

Base on the scenario been described in the question, option d is correct answer. This is so because funds been restricted is $5,000,000 it then accumulate for principal payments and $300,000 and the interest that accumulated has to pay for both be accounted debt service funds as seen in the question.

A saleswoman works for a base salary of $420 a month plus 6% commission on all the merchandise she sells beyond $7,000. If she sells $8,200 worth of merchandise in one month, what will her total salary be for the month? The total salary for the month would be:

Answers

Answer:

$492

Explanation:

The computation of the total salary for the month is shown below:

= Base salary of a sales women + commission amount

where,

Base salary of a sales women = $420

And, the commission amount is

= ($8,200 - $7,000) × 6%

= $72

So, the total salary for the month is

= $420 + $72

= $492

Basically we added the base salary and the commission amount for computing the total salary

A foreign subsidiary's functional currency is its local currency, which has not experienced significant inflation. The weighted average exchange rate for the current year would be the appropriate exchange rate for translating:

Wages Expense Sales to Customers

a) Yes No

b) Yes Yes

c) No Yes

d) No No

Answers

Answer:

b) Yes Yes

Explanation:

Wage expenses are a cost incurred by the companies to pay to the hourly employees and may also include the payroll taxes and the benefits that are paid to the employees. The weighted average exchange rate may vary from one year to another depending on the number of the business days. Sales to the customers would also be not affected as the changes in the exchange rates by the foreign subsidy functional currency in ts local currency has not been inflated.

Manufacturers realize that their clothes might be soiled when people are trying them on in the stores; therefore it's not necessary to worry about keeping clothes clean and unwrinkled in the dressing rooms. Please select the best answer from the choices provided T F

Answers

Answer:

False

Explanation:

In order to catch potential customers' attention, it's necessary for manufacturers to worry about keeping their clothes clean and unwrinkled in the dressing rooms.

This would also go a long way in improving their sales and boost customer satisfaction.

Answer:

False

Explanation:

Customers are to be treated with utmost priority because they determine the success or failure of companies or businesses. Keeping them satisfied is key for any company, therefore, necessary measures should be in place to ensure that they are satisfied.

Based on our scenario, if manufacturers think that keeping clothes clean and unwrinkled in the dressing rooms is unnecessary, then it could greatly affect their customer satisfaction negatively, which will, in turn, affect sales.

Alpha inc. Is a firm that relies heavily on monitoring its employees to make sure they are exerting effort. Which characteristic is more likely to be associated with alpha inc.?

Answers

Group of Answer Choices:

Tall hierarchy

Payments closely linked with performance

Forward vertical integration

Backward vertical integration

Answer:

Payments closely linked with performance

Explanation:

When the job is paid based on the performance of the employee the company then closely monitors the progress and the quality of the work done of the employee to reward them accordingly. If the employee is exerting lower level of effort then they are paid lower and vice versa. So the most likely characteristic associated with Alpha Incorporations is that it pays according to the performance of each employee.

Hailey's parents demand that she follow their instructions without asking any question. Isabella's parents are firm as well, but they are more likely to reason with her and explain the consequences of her behavior. In Baumrind's terms, Hailey's parents are _____, while Isabella's parents are _____.
A. authoritarian; authoritativeB. authoritative; authoritarianC. permissive; authoritarianD. authoritative; permissive

Answers

In Baumrind's terms, Hailey's parents are authoritarian while Isabella's parents are authoritative. Thus option A is correct.

What are Baumrind's terms of parenting?

The terms authoritative, authoritarian, and permissive were introduced by clinical and developmental psychologist Diana Baumrind which helps to Evaluate a caregiver's level of assistance and rigor. 

In general, kids tend to grow more competent and self-assured when parents have high demands for their behavior, sometimes known as an authoritative parenting style as described in the case of Isabella.

Parents that take an authoritarian stance are unsupportive and demanding. As demonstrated in the example of Hailey's parents, these parents demand and expect obedience.

Therefore, option  A is appropriate.

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Ferris owns an apartment in an apartment complex. The apartment-complex rules require the owner of each apartment to maintain it in reasonable condition. Failure to do so is grounds for action against the owner by the apartment complex or a tenant. Erica rents Ferris's apartment. During her first year of renting, many appliances in the apartment break, and there are repeated incidents of leaking through the roof. Ferris does nothing to fix the apartment. Erica sues Ferris, who claims he has no contractual duty to Erica. A court will likely find that:_____________.
a. Erica is a donee beneficiary, so Ferris does have a contractual obligation to her.
b. Erica is a contractual beneficiary, so Ferris does have a contractual obligation to her.
c. Erica is an incidental beneficiary, so Ferris does have a contractual obligation to her.
d. Erica is a creditor beneficiary, so Ferris does have a contractual obligation to her.

Answers

Answer:

Correct option is (d)

Explanation:

Creditor beneficiary is a party who is entitled to enjoy the benefits of the contract that has been put in place. They are not actively involved in the contract but are entitled to receive the benefit of contract executed by the promisor.

In this case, Erica is a third party creditor beneficiary for whom Ferris is legally obligated to perform his duties as the rules require owner to maintain the apartment which Ferris failed to oblige. So, Ferris breached contractual obligation to her.

Gaming Inc. is a popular video game console manufacturer with almost 150 video games to its credit. It has recently launched a special line of adventure video games based on a popular movie character exclusively for its young customers in the age group 5–12. In this scenario, which of the following market segmentation approaches is Gaming Inc. using?

Answers

Answer:

Niche Marketing

Explanation:

Niche marketing is a form of marketing/advertising strategy whereby the producer or organization focuses on a particular group or type of target market. It is a marketing strategy that involves focusing on a small segment of a larger market. It is aimed at solving the needs of a unique target market. In this case, the target market is kids or young customers belonging to the age group of between 5 - 12 years of age.

During the current fiscal year, jeremiah corp. signed a long-term noncancellable purchase commitment with its primary supplier. jeremiah agreed to purchase $2.0 million of raw materials during the next fiscal year under this contract. at the end of the current fiscal year, the raw material to be purchased under this contract had a market value of $1.6 million. what is the journal entry at the end of the current fiscal year?



a. debit unrealized holding gain or loss for $400,000 and credit estimated liability on purchase commitment for $400,000.



b. debit estimated liability on purchase commitments for $400,000 and credit unrealized holding gain or loss for $400,000.



c. debit unrealized holding gain or loss for $1,600,000 and credit estimated liability on purchase commitments for $1,600,000.



d. no journal entry is required.

Answers

Answer:

Option A. Debit unrealized holding gain or loss for $400,000 and credit estimated liability on purchase commitment for $400,000.

Explanation:

According to the Accounting Principles losse are always debited and gains are always credited. This means that the notional loss or gain due to the decrease or increase in the value of the contract must be recorded in the current year by debit or credit respectively.

The notional gain or loss at the end of fiscal year, can be calculated by taking the difference of the Agreed value and the current market value of the contract.

The agreed value of the contract is $2,000,000 and the Market Value is $1,600,000, which means that the unrealized losses are $400,000 ($2,000,000 - $1,600,000).

The double entry would be recording the losses of $400,000 due to technologically decrease in the value:

Dr Unrealized Loss $400000  

Cr Estimated liability on Purchase Commitment  $400000

Daniel, Steven, and Chris work as engineers in Connecticut. The demand for engineers starts to decline as their companyâs profits start to decrease during a recession. As a result, Daniel and Steven are laid off from their jobs. Daniel and Steven would be classified as:a. frictionally unemployed. b.overemployed. c. discouraged workers. d. structurally unemployed. e.cyclically unemployed.

Answers

Answer:

E. Cyclically unemployed.

Explanation:

Cyclically unemployed: It is a kind of unemployment that occurs due to decline in demand for goods and services in the market, which forces the economy to slow down and can not afford full employment, it causes employees to be laid off in companies during the period of economic contraction. It helps the company to reduce labor costs on the production of goods and services.

In the given case, Daniel and Steven are laid off from their jobs due to the recession in the economy, which is classified as Cyclically unemployed.

Corporate power refers to: a. The capability of competitors to influence legislation, trade, and the stock market based on their organizational resources. b. THE CAPABILITY OF POLITICIANS TO INFLUENCE CORPORATIONS, EMPLOYEES AND UNIONS BASED ON THEIR ORGANIZATIONAL RESOURCES. c. THE CAPABILITY OF CORPORATIONS TO INFLUENCE GOVERNMENT, THE ECONOMY AND SOCIETY BASED ON THEIR ORGANIZATIONAL RESOURCES. d. THE CAPABILITY OF CEOS TO INFLUENCE PRODUCT DEVELOPMENT, EMPLOYEE MORALE, AND CURRENCY INDICES BASED ON THEIR ORGANIZATIONAL RESOURCES.

Answers

Answer:

In this case,the correct answer would be option c. given in the answer choices or options or the capability of corporations to influence governments, the economy and society based on their organizational resources.

Explanation:

In a general sense, corporate power can be considered as the overall extent of influence of corporate organizations in the society, economy and political spectrum as a whole.In this regard, corporate powers of individual corporate leaders and personalities can be effectively utilized to influence the socio-economic infrastructure and government or administrative decisions and actions to their favor by using various organizational resources.A corporate company can essentially utilize its Public Relations and Media Outreach tools to reach the concerned entities in the society and the overall political field to influence them to fulfill their corporate motives and intentions.

Corporate power refers to "The capability of corporations to influence government, the economy, and society based on their organizational resources." (Option C)

What is corporate power?

Corporate power refers to the significant influence and control that large corporations can wield over various aspects of society, including government policies, economic decisions, and social matters.

This influence stems from the vast resources, financial strength, and political connections that corporations possess.

Through lobbying, campaign contributions, and other means, corporations can shape legislation, trade policies, and societal norms, often leading to debates about the balance of power and accountability between corporations and democratic institutions.

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