Answer:
A. There is a 2.5% probability of a negative return.
Explanation:
The stock returns are often assumed to be normally distributed for the prediction of future returns. Although there are some weird characteristics of stock returns that normal distribution is unable to capture, it is widely used because of its easy to apply.
Given the following information,
E(R)=10%
σ=5%
Since returns are normally distributed and the normal distribution is symmetric, the probability that Stonehenge Construction will yield a negative return is two standard deviations below the mean.
In the case of the normal distribution, approximately 95% of observations lie within two standard deviations about the mean. Therefore, by symmetry, only 2.5% of observations have a probability of yielding a negative return for Stonehenge Construction. SO, the answer is (A).
In the loanable funds market, who is usually the supplier and who is usually the demander? Entrepreneurs supply loanable funds, and savers demand loanable funds. Entrepreneurs demand loanable funds, and savers supply loanable funds. Entrepreneurs supply loanable funds, and savers also supply loanable funds. Entrepreneurs demand loanable funds, and savers demand loanable funds.
Answer:
Entrepreneurs demand loan-able funds, and savers supply loan-able funds.
Explanation:
The market for loan-able funds is where suppliers of loan-able funds(savers) trade with demands of loan-able funds(borrowers). Trading in the market for loan-able funds determines the equilibrium interest rate.
Final answer:
In the loanable funds market, savers are the suppliers of financial capital, while entrepreneurs and others who need to borrow money are the demanders.
Explanation:
In the loanable funds market, the suppliers are typically those who have financial capital to lend, such as savers or investors. Conversely, the demanders are those who need to borrow financial capital, such as entrepreneurs or firms looking to invest in business opportunities. Therefore, the correct statement is: Entrepreneurs demand loanable funds, and savers supply loanable funds.
Any individual or business that is saving money is on the supply side of this market. On the other side, any individual, firm, or government entity that seeks to borrow money is contributing to the demand for loanable funds. This interaction defines the dynamics of supply and demand within the financial markets.
Most insurance companies will replace a vehicle any time an estimated repair exceeds 80% of the "blue-book" value of the vehicle. Michelle's insurance company paid $7000 for repairs on her car after an accident. What can be concluded about the blue-book value of the car?
Answer:
The Blue Book value of the car is probably greater than $8750.
Explanation:
The term Blue Book Value is used to refer to the value of a vehicle by a guide known as the Kelley Blue Book. Since the 1920s, the Kelley Blue Book has served as a standard within the auto industry in the United States.
If Michelle's insurance company paid $7000 for repairs, then:
$7000/0.80 = $8750.
We can therefore conclude that the Blue Book value of the car is probably greater than $8750.
The blue-book value of Michelle's car is $8750.
Explanation:The insurance company will replace a vehicle if the estimated repair cost exceeds 80% of the blue-book value of the car. Michelle's insurance company paid $7000 for repairs, so we can conclude that the estimated repair cost is greater than 80% of the blue-book value. Let's set up an equation to find the blue-book value:
80% of the blue-book value = $7000
To solve for the blue-book value, we divide both sides of the equation by 80% (which is equivalent to multiplying by 1/0.8 or 1.25):
Blue-book value = $7000 / 0.8 = $8750
Therefore, we can conclude that the blue-book value of Michelle's car is $8750.
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Mia Kaminsky wants to attend Riverside Community College. She will need to have $25,000 six years from today. Mia is wondering what she will have to put in the bank today so that she will have $25,000 six years from now. Her bank pays 6% compounded semiannually. Using the tables in the handbook, the amount Mia will have to deposit is:
Answer:
$17,534.50
Explanation:
F = P(1 + i)^n
F = Future value = $25,000
P = Present value = unknown
i = 6% compounded semiannually; This means 6/100/2 per compounding period
n = number of compounding periods = 12 (2 periods per year for 6 years)
25,000 = P(1 + 6/100/2)^12
You are solving for P
25,000 = P(1 + 0.03)^12
25,000 = P(1.03)^12
25,000 = P(1.42576)
P = 25,000/1.42576
P = $17,534.50
Therefore the amount Mia will have to deposit is $17,534.50
Final answer:
To calculate the present value of a future payment, Mia Kaminsky would need to deposit approximately $18,659.36 in the bank today to have $25,000 six years from now.
Explanation:
The formula for calculating the present value (PV) of a future payment is:
$$ PV = rac{FV}{[tex](1 + r)^n[/tex]} $$
Where:
PV is the present value, FV is the future value, r is the interest rate per period, and n is the number of periods.
For Mia Kaminsky's situation:
FV = $25,000, r = 6% compounded semiannually, and n = 6 years.
By plugging in these values, Mia would need to deposit approximately $18,659.36 in the bank today to have $25,000 six years from now.
George owns Luxury Yacht Company and has just received an order for one of its luxury models. To protect his company against the possibility that the customer cannot pay or that other economic and political conditions might intervene, he asks the customer to provide a __________.
Answer: Letter of credit
Explanation:
The letter of credit is one of the type of payment process that is specifically used for the purpose of international trading as it helps in proving the economical guarantee from the bank to the trader of various type of goods and the services.
The letter of credit is also refers as the documentary based credit and also the guarantee undertaking letter which is used at the time of payment and the main advantage of the letter of credit is that it is highly customizable, safety business process, Payment assured and also free from all the types of credit risk.
According to the given scenario, George asked the customer for providing the letter of credit for the purpose of protect his company fro the various types of payment and economical issue.
Therefore, Letter of credit is the correct answer.
The net income reported on the income statement is $90,000. However, adjusting entries have not been made at the end of the period for supplies expense of $2,700 and accrued salaries of $1,300. Net income, as corrected, is:________.
a. $87,300
b. $90,000
c. $88,700
d. $86,000
Answer:
Corrected net income = $86,000
Explanation:
Given:
Net income in statement = $90,000
Supplies expense (Not deducted) = $2,700
Accrued salaries (Not deducted) = $1,300
Corrected net income = ?
Computation of Corrected net income:
Corrected net income = Net income in statement - Supplies expense (Not deducted) - Accrued salaries (Not deducted)
Corrected net income = $90,000 - $2,700 - $1,300
Corrected net income = $86,000
The production head at the canned juice unit of True Candy Inc. would frequently stay back after office hours and experiment with new organic hard candy flavors even though this was part of the new product development team's job. As a result of these experiments, he came up with two new flavors of organic hard candy, raspberry-apricot, and strawberry-apple. After rigorous test marketing, which proved that the market would accept the new candy, the product variants were successfully launched. Which of the following strategies does this scenario best illustrate?
a. Unrealized strategy
b. Emergent strategy
c. Tactical strategy
d. Intended strategy
Answer:
B. Emergent strategy
Explanation:
The scenario illustrate emergent strategy.
Emergent strategy: It can also be called "realized strategy". It refers to the pattern of action developed over time by a firm in the presence of absence of specific mission and goals. It implies that an organization is learning what works in practice.
Emergent strategy can be defined as a set of actions, or behavior, consistent over time that was not intended. It is a strategy that develops when an organization takes a series of actions that becomes a consistent pattern of behavior with time.
Emergent strategy involves strategic and tactical changes which responds to events as they arises.
Answer:
Emergent Strategy
Explanation:
Mintzberg defines emergent strategy as an action outside the original or defined plan of an organization that is consistently carried out over a period of time in order to achieve a particular set goal.
It allows flexibility in operation and production processes as it permits new innovation . Employees moral are boosted and work culture improved.
The production head commitment to new organic hard candy flavor experiment despite the fact that it was out of his scope of work is a typical illustration of Emergent strategy
Suppose that as the output of mobile phones increases, the cost of touch screens and other component parts decreases. If the mobile phone industry features pure competition, we would expect the long-run supply curve for mobile phones to be:
Answer:
Downward sloping
Explanation:
The demand curve illustrate what's known as the law of demand in economics. Consumers buy more of something when its price is lower and less when the price is higher. There is an inverse relationship between price and demand, meaning that when one rises, the other falls.
Economists give three basic reasons for the law of demand and thus for the downward slope. First is the "income effect" when prices drop (or rise), people can buy more(or less) of a good for the same amount of money. Second is the "substitution effect" if a consumer doesn't see a meaningful difference between products, they'll buy the one with the lowest price, so a price increase will drive them toward substitutes, while a reduction will draw them in.
Third is the concept of "diminishing marginal utility": if you already have plenty of something, you have less of a need to buy more of it.
An insured's CGL has a Products and Completed Operations Aggregate Limit of $100,000 with a $20,000 limit per occurrence. Following claims for two separate occurrences in the amounts of $35,000 and $25,000, how much of the aggregate remains for all other claims in the policy period?
The aggregate remains for all other claims in the policy period is $60,000.
What is a policy claim?A Policy Claim is a liability incurred as a result of a contract or policy of insurance issued by an unauthorized insurer, as defined in Chapter 101. Claims under reinsurance contracts and claims of other creditors are not included in the definition.
The aggregate remains for all other claims in the policy period is calculated as:-
General aggregate limit of CGL policy = $100,000
Per-occurrence limit = $20,000
For the first claim for a $35,000, the maximum amount paid will be the Per-occurrence limit i.e. $20,000
Subsequently for a second claim for a $25,000 loss the amount paid will be minimum of the Per-occurrence limit or the loss amount claimed i.e. $20,000.
Total amount of claim provided by the insurer up to the second claim:
= $20,000 + $20,000
= $40,000
Amount remaining
= General aggregate limit of CGL policy - Total amount of claim provided by the insurer till second claim
= $100,000 - $40,000
= $60,000
Therefore, $60,000 is the amount remaining for all other claims in the policy period.
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Final answer:
After two claims of $35,000 and $25,000, the remaining aggregate limit on the CGL policy is $40,000, calculated by subtracting the total claims paid from the original aggregate limit of $100,000.
Explanation:
The student's question pertains to the calculation of the remaining aggregate limit in a Commercial General Liability (CGL) policy after two claims have been filed and paid.
The original Products and Completed Operations Aggregate Limit is $100,000, and the limit per occurrence is $20,000.
With claims of $35,000 and $25,000, the total amount paid out is $60,000. To determine how much of the aggregate remains, we subtract the total amount of the claims from the original aggregate limit:
$100,000 (original aggregate) - $60,000 (total claims paid) =
$40,000 remaining aggregate limit
Thus, the policy has $40,000 remaining to cover any other claims that may occur during the policy period.
During which stage in the management of a special project can the project manager make statements such as, "if the staff and budget resources specified are available, the project's estimated completion date is the first of next month."
Answer: Planning stage
Explanation:
The Project Planning Phase is the second stage in the project life cycle and it involves the creation of a set of plans that help in guiding ones team while executing and closing the project. The plans that are created during this stage will help in managing time, quality, cost, change, risk and issues.
At the planning phase, the project plans are documented, project deliverables are defined, and the schedule of the project is created. At this stage, the project manager can make statements like "if the staff and budget resources are available etc
Answer:
Planning stage
Explanation:
Planning stage of project management is the second stage that involves creating a set of executable plan for your project team so that a they have a clear path and direction to follow.
When considering the education and training a career requires you must be aware of
a. the amount of time it will take
b. the amount of money it will take
the amount of effort it will take
all of the above
Please select the best answer from the choices provided
Answer:
D all of the above
Explanation:
Right on edge 2020
At Honest Tea, there are no salespeople who attempt to coerce consumers into buying their product. Instead they rely on word-of-mouth, which indicates the company is not involved in which of the following criticisms of marketing?
Mr. Stone's students have been completely engrossed in a physics experiment.At the end of the experiment, all of his students scored 100% on the follow-up quiz. This is one of Mr. Stone's most effective class sessions. This illustrates:________.
a. engaged time or time on task.
b. access to learning.
c. academic learning time.
d. instructional time.
Answer: Academic learning time
Explanation:
Academic learning time is the amount of time when students are actively, and productively engaged in learning their relevant academic content. A high level of Academic Learning Time simply means that the students are covering vital content in their academics, the students are on-task for most of the class period; and are also successful on most the assignments they do.
Me Stone's is using academic learning time which is shown in the success rate of the experiments done by the students.
Answer:
The correct option is C,academic learning time.
Explanation:
Academic learning time refers to a specific time students actively participated,contributed and exhibited a high level of interest in academic content being taught by their teacher.
The results of the quiz of 100% only goes to show the high level of attention paid by the students to their class activities,at 100% performance,it is right to say that the students paid attention to the Physics experiment wholeheartedly.
you expect it to pay a dividend of $3 in 1 year, $4.25 in 2 years, and $6.00 in 3 years. You expect to sell the stock for $100 in 3 years. If your required return for purchasing the stock is 12 percent, how much would you pay for the stock today
Answer:
$81.52
Explanation:
In this question, we are asked to state the price to pay for a stock at this present day.
To calculate this, we compute it mathematically.
Mathematically, we have;
dividend/(1+required return rate)^year
we then add together
we have
=3/(1.12) + 4.25/(1.12)^2 + 6/(1.12)^3 + 100/(1.12)^3 = 81.52
Melodyâs Piano School operations for the month of May were limited to the following transactions:1. Provided $500 of instruction to students. 2. Of the $500 of instruction provided in May, $400 is collected in cash, and an additional $300 is collected for lessons provided in April. 3. Paid April's piano rental bill of $100. Received May's bill of $150 but did not pay.What is Melody's Net Income for May using the cash basis of accounting?
Answer:
$600
Explanation:
Under the cash basis, the cash surplus is reported as profit which is calculated as under:
Cash Surplus = Cash inflow - Cash outflow
Here cash inflow are the receipt of cash which includes $400 and $300. Furthermore, the cash outflow includes $100 only.
So by putting values, we have:
Cash Surplus = ($400 + $300) - $100 = $600
This cash surplus of $600 will be reported as net income for the year under the cash basis of accounting.
_____ involves determining, through observation and study, the specific tasks that comprise a job and the knowledge, skills, and abilities necessary to perform the job. A. Job descriptionB. Job specificationC. Job designD.Job analysisE. Job appraisal
Answer:
The correct answer is letter "D": Job analysis.
Explanation:
Job analysis refers to the study of the duties of a given job position to determine what qualifications, skills, and expertise is needed to perform those activities. This analysis is typically conducted by members of the Human Resources (HR) department with the assessment of each other departments' managers. This data gathered is useful to update the Job Description Book.
Una empresa contrató cuatro trabajadores a tiempo completo el año pasado, con un coste de 18.000 € anuales cada uno; empleó 12.000 unidades de materiales, con un coste de 1,5 € por unidad. Además empleó 1.500 horas de maquinaria, con un coste de 4 €/hora. Con todos esos materiales, la empresa produjo 1.000 bicicletas y 2.000 monopatines. Este año, la empresa redujo a tres el número de trabajadores, aumentó un 12 % el consumo de unidades de materiales y descendió un 5 % el funcionamiento de horas de máquina. La producción ha variado este año, ya que obtuvo 500 bicicletas y 2.500 monopatines. Sabiendo que el precio de las bicicletas fue el año pasado de 100 € y el de los monopatines de 70 €, calcule la productividad de la empresa cada año y calcule y comente brevemente su evolución porcentual,
La productividad de una empresa se calcula dividiendo el valor de la producción por el costo total de los insumos. Para medir la evolución porcentual de la productividad se comparan los valores obtenidos entre dos años distintos. Este cálculo proporcionará una visión clara de cómo la empresa ha mejorado o empeorado su eficiencia.
Explanation:Para calcular la productividad de la empresa, es necesario tomar en cuenta tanto los insumos (costes) como los productos (cantidad de unidades producidas) cada año. La productividad puede medirse como el valor total de las unidades producidas dividido por el costo total de los insumos. Para calcular la evolución porcentual de la productividad entre los dos años, primero se tiene que obtener la productividad de cada año y luego compararlas para ver el cambio porcentual.
El primer año, la productividad se calcula sumando el costo de los trabajadores (4 trabajadores × 18.000 €), el costo de los materiales (12.000 unidades × 1,5 €) y el costo de maquinaria (1.500 horas × 4 €), luego dividiendo el valor de producción (1.000 bicicletas × 100 € + 2.000 monopatines × 70 €) por este costo total. Para el segundo año, se hacen cálculos similares, considerando la reducción del número de trabajadores, el aumento del 12 % en el consumo de materiales y una disminución del 5 % en horas de máquina. La productividad se calcula dividiendo el valor de producción del segundo año (500 bicicletas × 100 € + 2.500 monopatines × 70 €) por el nuevo costo total.
Finalmente, se calcula la evolución porcentual de la productividad mediante la fórmula ((Productividad Año 2 - Productividad Año 1) / Productividad Año 1) × 100.
A CFO’s responsibility is to manage financial risk, and that covers which other element?
a.The catered lunch in the boardroom.
b.All the information and data in the company.
c.The after-hours card games.
d.Costs associated with the building’s janitorial contractor.
Answer:
b.All the information and data in the company.
Explanation:
A CFO is the Chief financial officer is an organization. He or she is responsible for the company's financial risks, management, and reporting. The CFO evaluates a company's financial opportunities against its threats and manages the lower level finance managers.
Since the CFO is responsible for the organization's finances, he or she supervises the preparation and presentation of financial reports. The CFO guarantees the accuracy of the data reported. He or she ensures that the data used in the preparation of the reports is safely stored within the organization.
Citynet, LLC, established an employee incentive plan 'to enable the Company to attract and retain experienced individuals.' The plan provided that a participant who left Citynet's employment was entitled to 'cash out' his or her entire vested balance. (When an employee's rights to a particular benefit become vested, they belong to that employee and cannot be taken away. The vested balance refers to the part of an account that goes with the employee if he or she leaves the company.)When Citynet employee Ray Toney terminated his employment, he asked to redeem his vested balance, which amounted to $87,000.48. Citynet refused, citing a provision of the plan that limited redemptions to no more than 20 percent annually. Toney filed a suit in a West Virginia state court against Citynet, alleging breach of contract. Citynet argued that the plan was not a contract but a discretionary bonus over which Citynet had sole discretion.
Was the plan a contract? If so, what was the consideration?
Answer:
There is a contract but a unilateral one.
Explanation:
There is a contract but a unilateral one.
Employee incentive plan “to enable the Company to attract and retain experienced individuals" is an offer ,to which the extended stay of Toney is the acceptance. And, naturally, Citynet is obligated to fulfill the "promise" promised. The plan is very much a contract with the above said offer and its acceptance that makes the promise binding and legally enforceable..
Consideration here is Toney's staying on the job.
On stay,the plan provided “cash out” of his or her entire vested balance ie.when an employee’s rights to a particular benefit become vested, they belong to that employee and cannot be taken away. The vested balance refers to the part of an account that goes with the employee if he or she leaves the company.
Nowhere, the amount to vest on voluntary termination , is left to the sole discretion of Citynet .
As such in the above case, Toney is right in suing Citynet for breach of contract as all the essential elements of a contract ,namely, valid offer and its acceptance and a legally acceptable consideration --are present to make the incentive plan and the promises contained therein, binding and enforceable on Citynet .
Yes, the plan is considered a contract, and the consideration for the contract is the mutual exchange of promises between Citynet, LLC, and its employees.
Specifically, the employees promise to perform their job duties effectively, and in return, Citynet promises to provide the incentive plan benefits, including the ability to cash out the vested balance upon termination of employment.
In the context of employment law, a contract is formed when there is an offer, acceptance, and consideration. Consideration refers to something of value that is exchanged between the parties. In this case, Citynet's employee incentive plan constitutes a unilateral contract where the company offers benefits in exchange for the employees' continued service and performance.
The plan itself outlines the terms of the agreement, including the eligibility criteria, the vesting schedule, and the conditions under which an employee can cash out their vested balance. By continuing to work for Citynet and fulfill their job responsibilities, employees accept the terms of the plan and provide their consideration in the form of their services.
Citynet's argument that the plan is a discretionary bonus rather than a contract is undermined by the explicit terms of the plan, which promise specific benefits upon the occurrence of certain conditions, such as termination of employment. The fact that the plan was established to enable the Company to attract and retain experienced individuals indicates that it was intended to be binding and to provide a tangible benefit to employees in exchange for their continued service.
Furthermore, the vested balance is not merely a gratuitous payment but is part of the employees' compensation package that they earn over time through their service to the company. The vesting process itself is a clear indication of a contractual relationship, as it represents a gradual transfer of ownership of the benefit from Citynet to the employee, based on the fulfillment of the employment term.
In conclusion, the employee incentive plan is a contract because it involves a mutual exchange of promises: Citynet promises to pay the vested balance upon termination, and the employee promises to provide services to the company. The consideration is the employees' work and loyalty in exchange for the company's promise to provide the benefits outlined in the plan, including the cash out option for the vested balance. Therefore, Citynet's refusal to allow Ray Toney to redeem his full vested balance as per the terms of the plan would constitute a breach of contract.
A paint company mixes ten different base colors into 3,000 different color options. If production scheduling is organized around the ten different base colors , then the bills of material are classified as which of the following?1A) phantomB) planningC) modularD) low-levelE) A and B
Answer:
C) modular
Explanation:
In supply chain management, a modular bill of material is used when you manufacture products with several modules or optional features. In this case, the 10 base colors can be mixed together to form 3,000 different colors. Modular billing allows the company to organize them by subassemblies or product options.
An exchange rate table makes it easy to compare the
Answer: A
Explanation: it’s easy to compare
Answer:
value of the currencies for two or more countries
Explanation:
Walmart's customers have come to expect to find P&G products in stores, and P&G depends on Walmart to purchase a good portion of its output to sell to its own customers. This scenario represents the first phase of a___.
Answer:
vertical marketing system
Explanation:
Based on the scenario being described within the question it can be said that this scenario represents the first phase of a vertical marketing system. This is a cooperative system of business, in which members work together in order to correctly promote efficient manufacturing and product delivery to the customers, to meet customer needs.
Assume that the football team is set up as limited partnership. Lenny is the only general partner and Sarah and Sam are the only limited partners. Who would make the decision about whether or not to fire the quarterback?a) Lenny, Sarah and Sam would vote on it.b)The board of directors of the team.c) Only Lenny.d) Only Sarah and Sam.
Answer:
b. The board of directors of the team.
Explanation:
Limited partnership is a form of partnership owned by two or more partners and in which liabilities of some partners are only limited to their investment in the business. The partnership business is being managed and controlled by the general partner who has unlimited liabilities.
For a general partner in a limited partnership, he has unlimited liability. In case of dissolution of the partnership business , he losses both his investment in the business and personal properties.
The limited partners only looses their investment in the business in case of liquidation.
Darren is eligible to contribute to a traditional 401(k) in 2019. He forgot to contribute before year-end. If he contributes before April 15, 2020, he is allowed to treat the contribution as though he made it during 2019.
Answer:
True
Explanation:
Base on the scenario been described in the question which, Darren was eligible to assist to a traditional of 401,000 in 2019, but we were told he forgot and later he paid in 15, June 2020, he is look as though he paid in 2019 because and it is true.
The reason why the answer is true is that Darren is that the time he paid the money in July 15, 2020, it was still within the time he allowed to still pay for the year 2019, that's why he considered as though he paid in 2019.
Increasingly, the large assembly line factories, in which an individual worker performs a single task (or set of tasks) is being replaced by workplaces where cooperation among workers is encouraged and __________.
a. jobs are more interchangeable and interconnected
b. jobs are less interchangeable and interconnected
c. jobs require individuals to become true craftsmen
d. managers attempt to squeeze as much out of workers as possible
Answer:
a. jobs are more interchangeable and interconnected
Explanation:
In the assembly line model, workers specialize in performing a single function, the assembly line is being replaced by a model where cooperation between workers is essential since their functions are more interconected and sometimes even overlap each other. In this model, teamwork and a strong sense of multidisciplinarity favor production.
Therefore, the answer is a. jobs are more interchangeable and interconnected
Neon Electronics Inc. sourced touch screens required for its tablet computers, cell phones, and televisions from a manufacturer in China. But the demand for such components was high globally, and the supplier could not meet the quality standards of Neon Electronics. Thus, Neon Electronics decided to set up its own unit to develop and manufacture the required touch screens. What does this scenario best illustrate?
A. crowdsourcing
B. new product development
C. backward vertical integration
D. conglomerate diversification
Answer:
C. backward vertical integration
Explanation:
Vertical integration is one in which the supply chain of a clothe producing company is owned by the
Backward integration is a type of vertical integration in which a firms starts to fill in the role it once designated to another in the manufacturing of its product. Backward vertical integration would see a company buying another to fulfill its needs as regarding production.
From the above question, it can be seen that due to the inability of the china firm to meet up with Neon Electronics Inc; it started to produce the touchscreens needed for the tablet computers.
Cheers.
Cost of goods available for sale is computed by adding: a) purchases to beginning inventory.b) beginning inventory to the cost of goods purchased. c) net purchases and freight-in. d) beginning inventory to net purchases.
Answer:
The correct answer is B and D
Explanation:
Cost of goods available for sale is defined as the price paid for the inventory which is ready for the customers to purchase. In short, it is the purchase price or the amount of all the merchandises that is ready for sale with the retailer in the market.
The formula to computing the cost of goods available is as:
Cost of goods available for sale = Net (Total) Purchases + Beginning Inventory
OR
Cost of goods sold for sale = Beginning (Starting) inventory + Cost of goods purchased
This computation measures or evaluates the inventory amount or price that the retailer has at any point during the period.
The cost of goods available for sale is computed by adding the beginning inventory to the net purchases.
Explanation:The cost of goods available for sale is computed by adding the beginning inventory to the net purchases.
Net purchases represent the total purchases made by a company during a specific period, minus any purchase returns, discounts, or allowances. It is the amount of inventory acquired by the company during that time.
Beginning inventory refers to the value of inventory that the company has at the start of the period.
By adding the beginning inventory to the net purchases, we get the total cost of goods that were available for sale during the period.
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Katz is an all-equity development company that has 36,000 shares of stock outstanding at a market price of $25 a share. The firm's earnings before interest and taxes are $29,000. Katz has decided to issue $200,000 of debt at a rate of 6 percent and use the proceeds to repurchase shares. What should Leslie do if she owns 600 shares of Katz stock and wants to use homemade leverage to offset the leverage being assumed by the firm?
Answer:
Leslie needs to reduce its investment in the firm by 22.22% and so, needs to sold 133 shares
Explanation:
In order to know what should Leslie do we need to calculate first the share repurchased and the value of equity.
Share repurchased = 200,000/ 25 = 8,000
Value of Equity = (36,000- 8,000) * 25 = 700,000
Next, we have to calculate the debt radio, according to data Value of debt = 200,000, hence Debt Ratio = 200,000/ (200,000 + 700,000) = 0.2222
Therefore, Leslie needs to reduce its investment in the firm by 22.22%
So, Leslie will sold stocks = 0.2222 * 600 = 133 shares
Cracker Jack, an American brand snack of caramel-coated popcorn and peanuts, has been in existence since 1896. The brand became popularized due to its free prize inside every box. Which of the following promotion tools does this exemplify? A) coupon B) sample C) premiumD) price pack E) rebate
Final answer:
The correct answer is C) premium. The inclusion of a free prize inside every box of Cracker Jack illustrates the use of a premium as a promotion tool, aimed at enhancing perceived value and creating brand loyalty.
Explanation:
The promotion tool exemplified by Cracker Jack including a free prize inside every box is a premium. This marketing strategy involves offering an additional item or gift to promote the product and encourage purchase, and it differs from coupons, samples, price packs, and rebates. In the case of Cracker Jack, the premium takes the form of a small toy or prize that adds value to the overall purchase for the consumer.
The use of premiums is a historical practice to create brand loyalty and differentiate products in a crowded market. This strategy of providing something 'extra' in the package can enhance the consumer's perceived value of the product. Brands like Cracker Jack have built a nostalgic association with their products by consistently offering premiums, which in turn helps to maintain a strong and loyal customer base over time.
IN excel which
dialog box in backstage view should you access to view and alter your workbook's properties?
Answer:
The answer is option dialog box
Explanation:
The excel option window is generally associated with backstage view. Hence, by clicking the option entries in the backstage view of the excel sheet, there's an unrestricted access to view and alter individual's workbook properties. The answer here is Option dialog box.
Workers may be able to accomplish their tasks in an autonomous fashion, but the products of their efforts must be coordinated in order for the group to be successful. This refers to: task autonomy. task feedback. task interdependence. task structure.
Answer:
task interdependence.
Explanation:
Task interdependence: Th term "task interdependence" is described as a phenomenon within a specific team as the degree to which the team members needs to interact with one another in order to complete or fulfill their tasks.
According to one of the organizational theorists named James Thompson, three distinct types of task interdependence is being utilized to design a specific team including reciprocal, pooled, and sequential.
In the question above, the given statement represents task interdependence.