Check Cashing Business. Susan owns and operates a check cashing business. A customer, Bob, claiming to be Sam, came in and cashed a $2,000 check issued by ABC Trucking to Sam. The day after Susan cashed the check, she received a notice from ABC Trucking that some checks had been stolen. It was later discovered that the customer had forged Sam's name on the check issued by ABC Trucking. At the time she took the ABC Trucking check, Susan was very busy with several customers in line. She simply glanced at the check and cashed it. A reasonable examination would have revealed that the check had been materially altered and changed from the amount of $200 to $2,000. Susan decided that she needed to hire some people to help her because she also had a problem with another check. On the same day that she took the ABC Trucking check, she took a check from another customer, Maurice. It was later discovered that the check from Maurice, which was four months old, was the subject of a dispute between Maurice and the issuer of the check for whom Maurice had done some work. The issuer claimed that the work was improperly done. Both ABC Trucking and the issuer of the check to Maurice stopped payment on the checks. Susan claims that she was entitled to the status of a holder in due course and was entitled to payment on both checks. What is the effect of Susan receiving notice the day after she cashed the check for Bob that the check had been stolen?

Answers

Answer 1

Answer:

Since the check was altered (it was originally a $200 check and was altered to seem like a $2,000 check), then Susan cannot be considered a holder in due course.

A holder in due course of a check would be a person that receives a third party check in good faith without knowing any possible claim or defect.

If the check had been stolen and wasn't altered to change its value, then Susan could have claimed to be a holder in due course of the check since she was notified later about the theft.


Related Questions

The 2005 Boston Globe article discussing ticket scalping points out that the price people will pay for tickets will rise when a. supply and demand are both limited. b. supply is limited and demand is not limited. c. supply is limited and demand is not limited. d. supply and demand are both not limited.

Answers

Answer:

Supply is limited and demand is not limited.

Explanation:

According to the law of demand, there is a inverse relationship between the price of the goods and the demand for the goods. On the other hand, law of supply says that there is a direct relationship between the price of the good and supply of the good. If there is a shortage of goods in the market then this will result in a higher price for a good because of the higher demand for the product. The producers try to make more profits by charging higher prices because of the shortage in the economy.

Hence, the price people will pay for tickets will rise when the supply of tickets is limited and demand for tickets is not limited.

4. The three NIMS guiding principles are:
A. Unity of effort, preparedness, resource management.
B. Flexibility, standardization, unity of effort.
C. Resources, organization, standardization.
D. Planning, response, recovery

Answers

Answer: (B) Flexibility, standardization, unity of effort.

Explanation:

 The NIMS stand for the national incident management system and it basically provide the proactive and the systematic approach for guiding the all the level of organization such as government and the non-government department.

The main purpose of the NIMS is that it help in evaluate an approach by developing the command system and also minimize the impact of the business operation.

The three main NIMS principle are as follows:

Flexibility,StandardizationThe unity of efforts

Final answer:

The three NIMS guiding principles are unity of effort, preparedness, and resource management.

Explanation:

The three NIMS guiding principles are unity of effort, preparedness, and resource management. These principles provide a framework for effective emergency response and management. Unity of effort emphasizes collaboration and coordination among all levels of government, as well as with non-governmental organizations and private sector partners. Preparedness involves planning and training so that all response personnel are ready to handle emergencies. Resource management focuses on efficiently allocating and utilizing resources during response and recovery operations.

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Lauren owns a bakery. She wants to increase her daily production of baked goods, so she knows she needs to acquire more resources. Which of the following actions would represent an increase in the human capital resource at her bakery?
a. repairing a broken delivery van
b. buying better-quality ingredients
c. increasing employee training
d. purchasing ingredients in bulk
e. moving into a larger space

Answers

Answer:

The correct answer is option c.

Explanation:

Resources are of several types. In economics, we classify resources into four types as land, labor, capital, and entrepreneurship. Capital is further classified as physical capital and human capital.  

Human capital is a nontangible, nonphysical asset that is not mentioned on a company's balance sheet.  It is the value of a worker's skills, education, training, experience, health, intelligence, etc.  

In the given example, providing employee training will increase human capital resources for Lauren and it will help her efficiently utilize physical capital.  

Final answer:

Increasing employee training at Lauren's bakery contributes to enhancing human capital, resulting in greater productivity and capacity for innovation.

Explanation:

Lauren's goal to increase the daily production of baked goods at her bakery necessitates the accumulation of more resources. Among the options provided, the action that would represent an increase in the human capital resource at her bakery would be c. increasing employee training. By improving employees' skills, knowledge, and abilities through training, Lauren enhances the human capital of her bakery. This investment in human capital is associated with increased productivity and better utilization of other resources such as physical capital and technology. As a result, workers are more likely to innovate and efficiently operate new equipment, contributing to the overall economic growth of the bakery.

Evaluate the following two statements:_________
I. Interest on bonds must be paid in full even when the corporation operates at a loss.
II. When bonds are issued at a premium, the annual interest expense reported will be greater than.

Answers

Answer:

I. True. Bond is an corporate's liabilities rather than an equity. Thus, the bond issuance is liable to its bond's holders to pay the promised interest expense on-time and in full amount being promised at the time of issuance regardless of their business's performances.

II. False. When the bonds are issued at a premium, annual interest expense will be lower. The Premium amount will be credited at first and then being allocated through out the bond's life time ( debited). This will reduce the amount of interest expense being recorded during the year of bond's life time.

Explanation:

Economic growth in the country of Southville has slowed down in the last few months. Following a collapse in housing prices, several homeowners have defaulted on their mortgages. Given that this sector accounts for a sizeable portion of the GDP. many commentators believe that this will prompt a 'domino effect' in the economy. On a TV chat show: three industry experts are discussing the crisis and its possible impacts. Megan Greenboe is of the opinion that housing prices were driven up by speculation prior to the crisis. According to her, this crisis will eventually reduce liquidity in the economy and lead to a credit crunch. Bob Sacberg, however, does not agree with Megan. Bob feels that the increase in housing prices can be explained by the steady growth in population and were therefore driven by fundamentals. Samantha Morris meanwhile is not very convinced that the housing sector is solely responsible for the economic slowdown. She argues that a twelve percent fall in housing prices is unlikely to have a very widespread impact. Which of the following, if true, will weaken Bob's argument that fundamental factors in the housing market led to the increase in housing prices?

a. According to census data, the percentage of Southville's population that lives in rural areas has gradually been shrinking
b. The standards for obtaining a mortgage loan in Southville have been more stringent compared to many other countries
c. Prior to the crisis, the prices of existing homes also increased in proportion to the prices of new homes in Southville
d. A large proportion of home buyers in Southville were individuals who already owned one or more houses
e. The inflation-adjusted real wage in the construction industry increased by 10 percent prior to the crisis

Answers

Answer:

D) A large proportion of home buyers in Southville were individuals who already owned one or more houses

Explanation:

Bob argues that the price of houses in Southville increased because more the population, so more people equals more demand for houses, and more demand equals higher prices. But if many of the new houses were not primary residencies, then Bob's argument collapses. This would mean that the higher price for houses was not caused by fundamental factors, but is probably due to speculation.

Darlene is getting an FHA-insured loan to purchase a house. The purchase price is $278,000, and she’s paying 3.5% down. She will have to pay an upfront mortgage insurance premium of $4,865, which will be financed as part of the loan. What is the loan-to-value on this loan?

Answers

Answer:

96.5%

Explanation:

Data provided in the question:

Purchase price i.e the value = $278,000

Down payment paid = 3.5%

Upfront mortgage insurance premium = $4,865

Now,

Amount of down payment = 3.5% of loan value

= 0.035 × $278,000

= $9,730

Therefore,

The loan value = value - Amount of down payment

= $278,000 -  $9,730

= $268,270

Thus,

loan-to-value on the loan = [ loan value ÷ value ] × 100%

= [ $268,270 ÷ $278,000 ] × 100%

= 96.5%

Sandra, a manager at Evolve Corp, frequently engages her team in recreational activities. Every employee is friendly with one another. For Sandra, building a healthy work environment is the primary concern and employee performance is secondary. In the context of the Blake/Mouton leadership grid, which of the following leadership styles is Sandra using in this scenario?A) The middle-of-the-road styleB) The country club styleC) The authority-compliance styleD) The impoverished style

Answers

Answer:

B) The country club style

Explanation:

The Blake Mouton Managerial Grid tries to balance two important aspects of management: concern for your employees and concern for your company's results. Usually management theories focus on one aspect over the other but Blake and Mouton tried to develop a style where both could be achieved.

They defined five leadership styles:

Impoverished Management – Low Results/Low People Produce-or-Perish Management – High Results/Low PeopleMiddle-of-the-Road Management – Medium Results/Medium People Country Club Management – High People/Low Results: This management style focuses more on the well being of the employees, believes that happy employees work harder. In productive terms, this style is not very efficient because it lacks direction and control.Team Management – High Production/High People

The unemployment rate in Economy X when it is growing normally is 5%. When Economy X is in a recession, the unemployment rate is 10%. Drag each word or phrase to the appropriate blank space in order to complete the paragraph correctly.

For Economy X, the natural rate of unemployment ________ 5%. This rate is not due to _______ factors. It applies _______.

Answers

Final answer:

For Economy X, the natural unemployment rate is 5%, which isn't affected by external factors like a recession. It's the standard unemployment rate under normal economic growth, attributable to regular job market activity.

Explanation:

For Economy X, the natural rate of unemployment is 5%. This rate is not due to external factors such as a recession but is the average rate at which the economy operates when it's experiencing normal growth. This natural rate of unemployment represents the number of people who are unemployed not due to a lack of job opportunities, but due to regular labor market activity, such as job-switching or searching for a better position. This rate applies whether the economy is expanding or contracting.

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Let’s look at a company that is currently not paying dividends. You predict that in five years the company will pay a dividend for the first time. The dividend will be $0.50 per share. You expect the dividend to grow at an 8% rate per year indefinitely at that time. The required return on companies like this one is 15%. What is the price of the stock today?
a. $5.39
b. $7.14
c. $4.08
d. $3.45
e. $1.75

Answers

Final answer:

Using the Gordon Growth Model, starting with a future dividend of $0.50 with an 8% growth rate and a 15% required return, when discounted back to present value, the stock today is worth $3.45.

Explanation:

The price of the stock today can be calculated using the Gordon Growth Model formula for a stock that is expected to start paying dividends in the future. The formula PV = D / (k - g) is adjusted for the time value of money to account for the fact that the first dividend will be paid five years from now. In this scenario:

Dividend (D) in five years is $0.50.Constant growth rate (g) is 8% or 0.08.Required return (k) is 15% or 0.15.Price of stock today (PV) is calculated as the present value of the first dividend divided by the difference between the required return and growth rate, then discounted back five years.

Calculation:

Expected dividend after five years (D1) = $0.50
Expected growth rate (g) = 8% = 0.08
Required rate of return (k) = 15% = 0.15
The present value of a perpetuity is D1 / (k - g). First, calculate the price of the stock in year five, which is $0.50 / (0.15 - 0.08) = $7.14. Then, discount this back to the present value using the formula PV = FV / (1 + k)^n, where FV is the future value and n is the number of years.

Price of the stock today [tex](PV) = $7.14 / (1 + 0.15)^5 = $3.45[/tex]

Maria, an active partner in the Grifton/Blum CPA firm partnership, receives an annual bonus of 10% of partnership net income after deducting the bonus. For the year ended 2017, partnership income before the bonus was $220,000. Maria should receive a bonus of_________.

Answers

Answer: $19,800

Explanation: Annual Bonus is 10% of 220,000= 22,000

Net income of partnership = 220,000- 22,000= 198,000

Bonus due to maria is 198,000*10%= 19,800

The World Bank is a vital source of financial and technical assistance to developing countries around the world. It is not a bank in the common sense. It plays a different but supportive role in its mission of global poverty reduction and the improvement of living standards. It provides low-interest loans, interest-free credit, and grants to developing countries for education, health, infrastructure, communications, and many other purposes. According to the excerpt, what is the organization’s primary purpose?
a) to serve as a banking institution for countries that do not have banking systems
b) to provide loans directly to people living in poverty
c) to reduce global poverty and improve the standard of living
d) in developing countries to provide technical assistance to developed countries

Answers

Answer:

C

Explanation:

According to the excerpt, reducing global poverty and improving the standard of living is the organization’s primary purpose. Thus, option C is correct.

What is an organization?

An Organisation can be defined as an entity that is made up of an individual or a group of individuals who come together for a single purpose. Then the organization can be a profitable and nonprofitable one.

According to the world when there are various sources that are being used by the bank to clear global interest. This is to reduce global poverty and as well as by providing them with money and giving them loans they are also increasing their organization's primary purpose of increasing the standard of living among the people.

Therefore, option C is the correct option.

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Lena is a sole proprietor. In April of this year, she sold equipment purchased four years ago for $26,000 with an adjusted basis of $15,500 for $17,000. Later in the year, Lena sold another piece of equipment purchased two years ago with an adjusted basis of $8,200 for $5,500. What are the tax consequences of these tax transactions?

Lena has Selecta:
(capital gain, a capital loss, an ordinary gain, an ordinary loss) of $_______ from the sale of the first equipment.
Lena has Selecta:___________.

Answers

Answer:

Lena has a ORDINARY GAIN of $1,500 from the sale of the first equipment. Lena has a ORDINARY LOSS of $2,700 from the sale of the second equipment.

Explanation:

Lena sold the first equipment for $17,000, and that resulted in an ordinary gain = $17,000 - $15,500 = $1,500. This gain was due to a §1245 depreciation recapture.

Lena sold the second equipment for $5,500, and that resulted in an ordinary loss (§1231 loss) = $5,500 - $8,200 = $2,700.

Final answer:

Lena has a capital gain of $1,500 from the sale of the first equipment and a capital loss of $2,700 from the sale of the second equipment. Both transactions involve long-term capital gains and losses since the equipment was owned for more than one year.

Explanation:

Lena, as a sole proprietor, has two separate transactions to report for tax purposes. For the first equipment, she sold it at $17,000 which was purchased for $26,000 with an adjusted basis of $15,500. The tax consequence of this transaction is a capital gain since the selling price ($17,000) is above the adjusted basis ($15,500). Therefore, the capital gain Lena has is $17,000 - $15,500 = $1,500.

For the second piece of equipment, Lena sold it for $5,500 but it had an adjusted basis of $8,200. This transaction resulted in a capital loss, calculated as $8,200 (adjusted basis) - $5,500 (selling price), which equals $2,700.

Since Lena owned both pieces of equipment for more than one year, these are considered long-term capital gains and losses. The net effect on Lena's taxes will depend on reporting the gains and losses on her tax return and her total taxable income will determine the tax rate applicable to the long-term capital gain.

A product has a contribution margin per unit of $17 and sells at $25 per unit. If the break-even point is 82,000 units, calculate

a. the variable costs per unit and
b. the total fixed costs.

Answers

Answer:

a. $8 b. $1,394,000

Explanation:

The contribution margin per unit of a product is $17.

The price per unit is $25.

The break-even point is 82,000 units.

a. Contribution margin per unit = Sales per unit - AVC

$17 = $25 - AVC

AVC = $25 - $17

AVC = $8

So, the variable cost per unit is $8.

b. Fixed costs

= [tex]Breakeven\ in\ units\times Contribution\ margin\ in\ units[/tex]

= [tex]82,000\times 17[/tex]

= $1,394,000

Project managers must often face the challenge of compressing the project schedule. All of the following actions can be taken to reduce the duration of the critical path EXCEPT: ​
a. Overlap sequential activities using finish-to-finish, start-to-start, or start-to-finish relationships.
b. Reduce the project scope and /or quality.
c. Use the float in critical path activities
d. Partially overlap sequential activities by using time leads.

Answers

Answer:

A) Overlap sequential activities using finish-to-finish, start-to-start, or start-to-finish relationships.

Explanation:

If the project manager uses finish to finish relationships, a successor activity cannot finish until the predecessor activity has not finished.  

If the project manager uses start to start relationships, a successor activity cannot start until the predecessor activity has not started.  

If the project manager uses start to finish relationships, a successor activity cannot finish until the predecessor activity has not started.

Answer:

Overlap sequential activities using finish-to-finish relationships

Explanation:

Overlap sequential activities using finish-to-finish relationships. This overlaping does not account for unexpected events and might not account possible relations between the legs or stages of a project

Gina hired Frank, an attorney, to handle her divorce. If, during face-to-face negotiations, Frank strikes the opposing attorney, Gina will be liable because Frank was her agent employee.

Answers

Answer:

false

Explanation:

An employer could be responsible for an injury caused by his/her employee only if the employee is acting within the scope of employment. Striking the opposing attorney cannot be considered acting under the scope of being an attorney representing a client, unless you are a mobster.

For example, if you are driving your company's car while shopping for Christmas and you hit a pedestrian, your company is not liable for the accident since you were not involved in any activity related to your normal work.

Final answer:

Gina is typically not liable for Frank's action of striking the opposing attorney as it falls outside the scope of his professional duties. Agency law requires the agent's acts to be within the employment scope for principal liability to arise.

Explanation:

The question relates to the legal concept of principal-agent liability, specifically within the context of an attorney (agent) acting on behalf of a client (principal). It's important to note that in most cases, a principal is not liable for the intentional torts of an agent that are outside of the scope of agency. Agency law dictates that for a principal to be held liable for the acts of an agent, the agent's acts must be within the course and scope of employment. In the scenario provided, because Frank's actions (striking the opposing attorney) would likely be considered outside the scope of his professional responsibilities as an attorney handling divorce proceedings, Gina would typically not be liable for Frank's conduct. The right to an attorney and standards of representation are addressed in cases such as Glasser v. United States, which discusses conflicts of interest, but this is distinct from the question of physical acts committed by an attorney.

A firms total cost function is: TC= 500 + 150q - 20q2 + q3 what is the dollar value at the minimum of the average variable cost (avc) curve? $50?

Answers

Answer:

the  correct answer is $150

Explanation:

TC=500 + 150q - 20q^2 + q^3

AVC=(150Q-20Q^2+Q^3)/Q

       =150-20Q+Q^2

When AVC is at  its minimum means that the marginal cost( CM) is igual to AVC, so we could consider this analysis:

CM= d(TC)/dq =150-40Q+3Q^2

CM=AVC

150-40Q+3Q^2=150-20Q+Q^2

Join similar terms:

150-150-40Q+20Q+3Q^2-Q^2=0

0-20Q+2Q^2=0

Q(-20+2Q)=0

Q_1=0   y  Q_2=20/2=10

with q_1                                               with q_2

150-40*0+3*0=150-20*0+0                 150-40*10+3*10^2=150-20*10+10^2

$150=$150                                                 150-400+300    =150-200+100

                                                                                  $50= $ 50

We have two solution  if we assume that q=0  like the  minimum then the results is $150.

f we assume that q=10  like the  minimum then the results is $50.

When using various forms of promotion to carry the promotion message, it is important that the recipients of the message interpret it in the same way. Creating a unified promotional message, where potential customers perceive the same message, whether it is in a TV commercial, or on a billboard, or in a blog, is called ____________.
A. personalized sellingB. integrated marketing communicationC. delivery cue analysisD. branding assimilation

Answers

Answer:

B. integrated marketing communication

Explanation:

Based on the information provided within the question it seems that this is called integrated marketing communication. This term refers to making sure that all promotional communications and messages are meticulously linked together when advertising a product or service, in order for the recipients of the message to interpret it in the same way regardless of the platform. Which is what is being described in this scenario.

Accredited investors are_______a.investors with incomes of no less than $5,000 in each of the last two years.b.investors whose net worth is $500,000 or less.c.investors who purchase over $5,000 of the venture's securities.d.directors, executive officers, and general partners of the issuing company.

Answers

Final answer:

An accredited investor is an investor who meets certain financial criteria set by the SEC. They have incomes of no less than $5,000 in each of the last two years.

Explanation:

An accredited investor is an investor who meets certain financial criteria set by the Securities and Exchange Commission (SEC) in the United States. The correct option for this question is:

a. investors with incomes of no less than $5,000 in each of the last two years.

An investor purchased 100 shares of MJS on June 19, 2015 at a price of $40 per share. On June 1, 2016, MJS declared a 25% stock dividend. On July 1, 2016, the investor sold 50 shares of the MJS at $50 per share.
Which of the following statements are correct?
I. The adjusted cost basis of the shares is $30
II. The adjusted cost basis of the shares is $32
III. There is a short-term capital gain on 25 shares, long-term gain on the other 25 shares
IV. There is a long-term capital gain on all of the shares sold

Answers

Answer:

IV) There is a long-term capital gain on all of the shares sold

Explanation:

Long term capital gains refers to a profit made on an asset that an individual or business has held for more than a year. In this case, the investor had a long term capital gain when he sold 50 shares at $50 per share, since their cost basis was $40 per share ($10 per share as long term capital gains). He bought the shares on June 19, 2015 and sold them on July 1, 2016.

He also had some short term capital gains, since he received 25% stock dividends on June 1, 2016.

Long-term capital gains are those you earn on assets you've held for more than a year. ... The long-term capital gains tax rates are 0%, 15% and 20%, and they're typically much lower than the ordinary income tax rate

Jayden is a project manager in a multinational company and is currently managing a complicated project. This has affected his mental as well as physical health. He is going through a rough phase where he is neither able to do his regular job properly nor interact with his clients cordially. Which of the following "4 Ds" of determining whether something is a mental disorder does Jayden's condition reflect?
A. Dysfunction
B. Deviance
C. Distress
D. Disturbance

Answers

Answer:

Dysfunction

Explanation:

A dysfunctional mental disorder occurs when an individual starts to behave in an unusual and abnormal way as a result of stress or mental impairment. The pattern of thought ,emotion and behavior will no longer be in line with his  normal way of life as deviation from normal social life and ideal mental health becomes obvious.

Jayden's failure to do his regular job again and even cordially interact with his clients are evidences that he is going through a dysfunctional mental disorder as a result of the complicated project he is handling.

In the traditional labor model, the amount that an additional worker hired adds to the revenues of the firm is called the _____ of labor. Question 4 options: maximum revenue price marginal factor cost marginal product marginal fractional cost

Answers

Answer:

The correct answer is marginal product.

Explanation:

The marginal product of labor is the change in the output or total product because of hiring an additional unit of labor. In other words, the amount that an additional worker adds to the revenue is its marginal product.  

It can be expressed as,

[tex]MP_{L} \ =\ \frac{\Delta Y}{\Delta L}[/tex]

The marginal product of labor depends on the quantity of capital and labor already employed.

Consider the market for electronics. Patents are granted to investors of a product or process for a certain number of years. The reason for this is to encourage innovation in the economy, without the existence of patents; it is argued that research and development for improved electronics is unlikely to take place, since there's nothing preventing another firm from stealing the idea, copying the product, and producing it.Which of the following best explains the barriers to entry that exist in this scenario?a. Legal barriersb. Exclusive ownership of a necessary resourcec. Economies of scale

Answers

Answer:

The answer is a. Legal barriers.

Explanation:

As government granted patent, copyright, trademark for a player in electronics market, they legally protect the intellectual right of that player. As a result, the government also have set up a legal barrier for any potential new players who want to join the market from taking the existing best ideas/ innovation from their starting, instead, they will have to either purchase the patent or invest in R&D for keeping up with the market most modern technology; both at a very high cost.

Ultimately, this type of legal protection will create a barrier to enter for any new player as they will have to prepare for huge expenditure for getting the best technologies at the time.

Sweet Acacia Industries had a beginning balance in accounts receivable of $75,360 and an ending balance of $91,160. Credit sales during the period were $645,360. Determine cash collections.

Answers

Answer:

Cash collections = $629560

Explanation:

given data

beginning balance = $75,360

ending balance = $91,160

Credit sales = $645,360

to find out

Determine cash collections

solution

we get here Cash collections as

Cash collections = Opening balance - Closing balance + credit sales    ....................1

put here value we get

Cash collections = $75,360 - $91,160 + $645,360

Cash collections = $629560

Beginning with __________, a body of law has grown that requires organizations to provide employees with nonhazardous working conditions.
A.)the Occupational Safety and Health Act (OSHA) of 1970
B.) the Taft-Hartley Act
C.) establishment of the National Labor Relations Board
D.) Title VII of the Civil Rights Act of 1964
E.) the Fair Labor Standards Act of 1938

Answers

Answer:

A.) the Occupational Safety and Health Act (OSHA) of 1970

The Carolina Christmas Tree Corporation grows and sells 500 Christmas trees. The average cost of production per tree is $50. Each tree sells for a price of $65. The Carolina Christmas Tree Corporation’s total revenues are?

Answers

Answer:

$7500

Explanation:

Cost of production of Carolina Christmas trees were $50 each, and 500 trees were commercialized.  Then, the Corporation invested $25000, and earned $32500 when sales were over.  The revenues were $7500; this comes from deducting $25000 from $32500

Final answer:

The Carolina Christmas Tree Corporation's total revenues are $32,500.

Explanation:

The Carolina Christmas Tree Corporation sells 500 Christmas trees at a price of $65 each.

The average cost of production per tree is $50.

To find the total revenues, we can multiply the number of trees sold by the sale price per tree.

Total Revenues = Number of Trees Sold x Sale Price Per Tree

Total Revenues = 500 trees x $65/tree

= $<<500*65=32500>>32,500

Hallie owns 20% of the common stock of the Bean Brothers Coffee Company. The company announced plans to offer an additional 10,000 shares of common stock for sale. If Hallie exercises her preemptive rights, Bean Brothers must offer her the opportunity to purchase?

Answers

Answer:

2,000 shares

Explanation:

Hallie's preemptive rights allow her to buy up to 20% of the new stocks issued, so 20% of 10,000 is 2,000.

Preemptive rights give a shareholder the right to purchase a proportionate number of shares of future shares issued, this way the investor may keep the same ownership proportion.

Safety stock can be computed when using the fixed-order quantity inventory model by multiplying a "z" value representing the number of standard deviations to achieve a service level or probability by the standard deviation of periodic demand. True or false?

Answers

Answer:

TRUE

Explanation:

The Z value determinates the level of service at a normalize distribution of (0;1) We then convert this value to the deviation of our distribution by multiplying each other.

The Z value represent the the value at which a 99% or 95% or whatever percent of change of safety is achieve. We convert by our deviation to adapt the normalize distribution of (1;0) to our values.

There is always a chance for stock-out as we work with probabilities and at more higher safety level we require more units to make up for the change of a single customer from nowhere purchase an unexpected amount. As this person can appear anytime and purchase any amount there is always a level of uncertain (5% or  1% or less)

During which stage of team development do members accept that they are part of a project group but resist the constraints that the project and the group put on their individuality? ch11 Select one: a. Storming b. Performing c. Forming d. Adjourning e. Norming

Answers

Answer: Forming

Explanation: There are five stages of team development, the stages includes the: Forming, storming, norming, performing and the adjourning.

Each stage is a phase each team passes when they come together to achieve a common purpose.

The stage where team members accept their responsibility as a group but still have some individualistic frictions is the storming stage. This stage can either grow or scatter a team, therefore it needs to be handled carefully.

Sean is looking for a new job that will allow him the flexibility to work from home at least one day a week so he can care for his ailing parents. Some describe this as a boundaryless career pattern. Why?

Answers

Answer:

Boundaryless career pattern is similar as temporary workers.

Explanation:

“Boundaryless career” has been a new perspective in any organisation these days. This type of career pattern provides the employees flexibility in terms of working hours. They pay them high wages for their excellent skill set.  

A person works with several organisations at a single point of time and quickly develops his career. Knowledge of such people is quite high, and companies gain from their expertise. As given in the question, Sean is provided flexibility by allowing him to work from home so that he can take care of his parents. So, this is a boundaryless career pattern.

Consumption spending is $16 million, planned investment spending is $4 million, unplanned investment spending is $2 million, government purchases are $6 million, and net export spending is $1 million. What is aggregate expenditure?

Answers

Answer:

The aggregate expenditure is $27 million.

Explanation:

The consumption spending is $16 million.

Planned investment spending is $4 million.

Unplanned investment spending is $2 million.

The government purchases are $6 million.

The net export spending is $1 million.

The aggregate expenditure is

= Consumption spending + Planned Investment + Government spending + Net export

= $(16 + 4 + 6 + 1) million

= $27 million

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