Answer:
The cost of goods sold is $3400 and option D is the correct answer.
Explanation:
Specific identification method is a method for valuing ending inventory which requires a detailed physical count to determine what units of inventory are available to the company as closing inventory.
The cost of goods sold will be the sum of the costs of the specified inventory units which are sold.
The cost of goods sold for Eaton will include a TV from the beginning inventory for serial no 11534894 at a cost of $1800 and a TV from the April purchases with serial no 11542631 at a cost of $1600.
The cost of goods sold is thus = 1800 + 1600 = $3400
A recent MSOE graduate wants to set up an endowment fund that can award scholarships to engineering students totaling $100,000 per year forever. The first scholarships are to be granted now and continue each year from now on. How much must the alumni donate now, if the endowment fund is expected to earn interest at a rate of 5% per year?
Answer:
The amount of donation would be of $2,000,000
Explanation:
According to the given data we have the following:
Perpetual scholarships= $100,000
interest rate=5%
Hence, in order to calculate how much must the alumni donate now if the endowment fund is expected to earn interest at a rate of 5% per year, we have to use the following formula:
Present Value= Annual Amount/Rate
Present Value=$100,000/5%
Present Value=$2,000,000
The amount of donation would be of $2,000,000
If the dollar appreciates relative to the Euro then: Multiple Choice European cars will become less expensive in the United States. American cars will become less expensive in Europe. the price of cars will not be affected. European cars will become more expensive in the United States. American cars will become less expensive in the United States.
Answer:
The correct answer is letter "A": European cars will become less expensive in the United States.
Explanation:
When a currency appreciates over another it means its value is greater than the other. For instance, if the dollar appreciates over the euro, all European items will be cheaper in countries where the dollar is the official currency. Besides, American items will be expensive in countries where the euro is the official currency for trade.
Therefore, European cars in the U.S. will be less expensive.
Florence Inc. lost an entire plant due to an earthquake on May 1, 2018. In preparing its insurance claim on the inventory loss, the company developed the following data: Inventory Jan1, 2018, $470,000; sales and purchases from Jan 1, 2018, to May 1, 2018, $1,260,000 and $895,000, respectively. Florence consistently reports a 30% gross profit.
The estimated inventory on May 1, 2018, is:
Answer:
$483,000
Explanation:
The computation of the estimated inventory on May 1, 2018, is shown below:
= Inventory as on Jan 1, 2018 + purchase of inventory + sales on inventory × gross profit rate - sales on inventory
= $470,000 + $895,000 + $1,260,000 × 30% - $1,260,000
= $470,000 + $895,000 + $378,000 - $1,260,000
= $483,000
By applying the above formula we can get the ending estimated inventory
Leaf Industries is preparing its master budget for 2013. Relevant data pertaining to its sales budget are as follows:Sales for the year are expected to total 8,000,000 units. Quarterly sales are 25%, 30%, 15%, and 30%, respectively. The sales price is expected to be $2.00 per unit for the first quarter and then be increased to $2.20 per unit in the second quarter. 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Total for YrUnit Sales 8,000,000Unit Selling Price Total Sales
Answer:
Total sales revenue is $17,200,000
Average selling price is $2.15
Explanation:
Q1 Q2 Q3 Q4 Total
sales (8,000,000*25%)2,000,000 2,000,000
sales (8,000,000*30%) 2,400,000 2,400,000
sales(8,000,000*15%) 1,200,000 1,200,000
sales(8,000,000*30%) 2,400,000 2,400,000
sales price $2 $2.20 $2.20 $2.20
Revenue(price*qty) $4,000,000 $5,280,000 $2,640,000 $5280,000
Total sales=( $4,000,000+ $5,280,000+ $2,640,000 + $5280,000)=$17,200,000
Average sales price=total revenue/total volume
total revenue of $17,200,000
total volume 8,000,000
average sales price=$17,200,000/8,000,000=$2.15
Haystack, Inc. manufactures machinery used in the mining industry. On January 1, 2017 it leased equipment with a cost of $480,000 to Silver Point Co. The 5-year lease calls for a 10% down payment and equal annual payments at the beginning of each year. The equipment has an expected useful life of 5 years. If the selling price of the equipment is $780,000, and the rate implicit in the lease is 8%, what are the equal annual payments
Answer:
$175,808
Explanation:
P=R (1-(1+i)^-n)/i
Where P=780,000*90%=$702,000
R=?
i=8%
N=5 years
By putting above values in formula, we get
P=R(1-(1+.08)^-5)/.08
702,000=R*3.993
R=702,000/3.993
R=$175,808
Consider the following cash flows: Year Cash Flow 0 –$ 32,500 1 14,800 2 16,900 3 12,200 What is the IRR of the above set of cash flows? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Internal rate of return %
Answer:
The correct answer is 17.22%.
Explanation:
According to the scenario, the computation of the given data are as follows:
Let IRR be X, then we can calculate the IRR by using following formula:
Year 0 = Year 1 cash flow ÷ ( 1 + IRR)^1 + Year 2 Cash flow ÷ ( 1 + IRR)^2 + Year 3 Cash flow ÷ ( 1 + IRR)^3 + Year 0 Cash flow
By putting the value, we get
0 = $14,800 ÷ ( 1 + X)^1 + $16,900 ÷ ( 1 + X)^2 + $12,200 ÷ ( 1 + X)^3 - $32,500 By solving the function
IRR = 17.22%
Steven, age 43, earns $80,000 annually; and his wage replacement ratio has been determined to be 80%. He expects inflation will average 3% for his entire life expectancy. He expects to work until 68, and live until 90. He anticipates an 8% return on his investments. Additionally, Social Security Administration has notified him that his annual retirement benefit, in today's dollars will be $26,000. Using the capital needs / annuity method. Calculate how much capital Steven will need.
Answer:
Steven will need a capital of $1,061,342.10
Explanation:
Annual Savings
= $80,000*0.8
= $64,000.00
Period
= 68 - 43
= 25
Future Value of annual savings
= FV
= $64000*(1 + 0.03)^25
= $134,001.79
Future Value of social security
= FV
= $26000*(1 + 0.03)^25
= $54,438.23
Annual Investment required at age of 68
= $134,001.79 - $54,438.23
= $79,563.56
Present value of a number of cash flows over his retirement years,
Inflation Adjusted Rate
= (1.08/1.03) - 1
= 4.85%
Period
= 90 - 68
= 22
Capital Required
= PV(4.85%,22,-79563.56)
= $1,061,342.10
Therefore, Steven will need a capital of $1,061,342.10
What is the value of the monetary base, given that the value of deposits at all depository institutions equals $ 2265.83 billion, currency is $ 1144.60 billion, and bank deposits held at the Fed are $ 1422.30 billion?
The value of the monetary base, given that the value of deposits at all depository institutions should be $2,566.9 billion
Calculation of the value of the monetary base:
Data provided as per the question:
Currency = $1144.60 billion
Bank deposits = $1422.30 billion
So,
Value of the monetary base = Currency + bank deposits
= $1144.60 billion + $1422.30 billion
= $2,566.9 billion
Therefore for computing the value of the monetary base we simply added currency with bank deposits.
Learn more about deposits here: https://brainly.com/question/24300830
The monetary base is calculated by adding the value of currency in circulation and reserves held at the central bank. Given the provided information, the monetary base is $2566.90 billion.
Explanation:The monetary base, often called high-powered money or reserve money, is a measure of the money supply and includes all of the physical currency in circulation plus reserves held at the central bank, in this case, the Federal Reserve (Fed). The equation for the monetary base is MB = Currency + Reserves. Given the data you provided, the value of the monetary base (MB) can be found by summing the currency in circulation and the deposits held at the Fed. That is,
MB = Currency + Deposits at the Fed = $1144.60 billion + $1422.30 billion = $2566.90 billion
It's important to remember that the deposits at depository institutions are not included in the monetary base calculation. This figure represents the money that banks and other financial institutions have in their accounts, not the money held by the central bank or in circulation among the public.
Learn more about Monetary Base here:https://brainly.com/question/31635047
#SPJ3
A pizza deliverer who is in an accident while en route to deliver a pizza for a restaurant has: a. no liability for the accident. b. the only liability for the accident if he was driving his own car. c. liability along with the restaurant for the accident. d. none of the above
Answer:
B is the answer
Explaination step by step:
Final answer:
In a car accident involving a pizza deliverer, liability may be shared between the driver and the restaurant due to the concept of vicarious liability, depending on the employment arrangement and the accident's circumstances.
Explanation:
In assessing who holds responsibility in a car accident scenario like the one described, it's important to consider both the actions of the driver and the context of the accident. If the pizza deliverer was driving their own vehicle and had an accident while performing duties for the restaurant, both the driver and the restaurant may share liability contingent on the specific details of their employment arrangement and the circumstances of the accident. This is due to the legal concept known as 'vicarious liability,' where an employer can be held responsible for the actions of its employees, provided those actions occur within the scope of their employment. However, if the deliverer was obeying all traffic laws and their actions in driving were not the proximate cause of the accident, they might evade liability as suggested in the case of the driver triggering an explosion by using the turn signal without fault.
Consider a zero-coupon bond with a $1000 face value and 10 years left until maturity with annual compounding. If the YTM of this bond is 10.4%, then the price of this bond is closest to:
Answer:
$372
Explanation:
FV = 1000
Ytm=10.4%=0.104
N=10
Compute FV
FV=X(1+i)^-n
FV=1000(1+0.104)^-10
FV=1000(1.104)^-10
FV= 1000(0.3717)
FV=371.799
FV=372
The price closest to the bond is $372
Sako Company's Audio Division produces a speaker that is used by manufacturers of various audio products. Sales and cost data on the speaker follow:
Selling price per unit on the intermediate market $43
Variable costs per unit $20
Fixed costs per unit (based on capacity) $6
Capacity in units 58,000
Sako Company has a Hi-Fi Division that could use this speaker in one of its products. The Hi-Fi Division will need 9,000 speakers per year. It has received a quote of $35 per speaker from another manufacturer. Sako Company evaluates division managers on the basis of divisional profits.
Required:
1. Assume that the Audio Division is now selling only 49,000 speakers per year to outside customers.
a. From the standpoint of the Audio Division, what is the lowest acceptable transfer price for speakers sold to the Hi-Fi Division?
b. From the standpoint of the Hi-Fi Division, what is the highest acceptable transfer price for speakers acquired from the Audio Division?
c. If left free to negotiate without interference, would you expect the division managers to voluntarily agree to the transfer of 9,000 speakers from the Audio Division to the Hi-Fi Division?
No
Yes
d. From the standpoint of the entire company, should the transfer take place?
Transfer should take place.
Transfer should not take place.
2. Assume that the Audio Division is selling all of the speakers it can produce to outside customers.
a. From the standpoint of the Audio Division, what is the lowest acceptable transfer price for speakers sold to the Hi-Fi Division?
b. From the standpoint of the Hi-Fi Division, what is the highest acceptable transfer price for speakers acquired from the Audio Division?
c. If left free to negotiate without interference, would you expect the division managers to voluntarily agree to the transfer of 9,000 speakers from the Audio Division to the Hi-Fi Division?
No
Yes
d. From the standpoint of the entire company, should the transfer take place?
Transfer should take place.
Transfer should not take place.
Answer and Explanation:
Sako Company's Audio Division
a. If Audio Division is currently selling only 49,000 speaker each year to outside customers at the stated $43 price, it means division is having spare capacity of 9000 speaker.
Lowest acceptable transfer price from the perspective of the audio Division = Variable cost per speaker
= $20
b. Highest acceptable transfer price from the perspective of the Hi-fi Division = marker price from outside supplier = $35 per speaker
c. Range of acceptable transfer prices (if any) between the two divisions = $20 to $35
Yes, the managers of the Audio and Hi-fi Divisions likely to voluntarily agree to a transfer price for 9,000 speakers.
d. Yes, from stand point of company also, this transfer should take place.
Solution 2:
a. If Audio Division can sell all of its speaker to outside customers for $43 per speaker, lowest acceptable transfer price from the perspective of the audio Division is selling price i.e. $43 per speaker
b. Highest acceptable transfer price from the perspective of the Hi-fi Division = marker price from outside supplier = $35 per speaker
c. Range of acceptable transfer prices (if any) between the two divisions - Range of acceptable transfer price cannot be established as lowest acceptable transfer price for audio division is higher than highest acceptable transfer price of Hifi division.
Manager of Audio and Hi -fi division is not likely to voluntarily agree to a transfer price for 9,000 speakers.
d. From stand point of the entire company also, this transfer should not take place.
Accounting Rate of Return Each of the following scenarios is independent. Assume that all cash flows are after-tax cash flows. Cobre Company is considering the purchase of new equipment that will speed up the process for extracting copper. The equipment will cost $3,600,000 and have a life of 5 years with no expected salvage value. The expected cash flows associated with the project are as follows: Year Cash Revenues Cash Expenses 1 $6,000,000 $4,800,000 2 6,000,000 4,800,000 3 6,000,000 4,800,000 4 6,000,000 4,800,000 5 6,000,000 4,800,000 Emily Hansen is considering investing in one of the following two projects. Either project will require an investment of $75,000. The expected cash revenues minus cash expenses for the two projects follow. Assume each project is depreciable. Year Project A Project B 1 $22,500 $22,500 2 30,000 30,000 3 45,000 45,000 4 75,000 22,500 5 75,000 22,500 Suppose that a project has an ARR of 30% (based on initial investment) and that the average net income of the project is $120,000. Suppose that a project has an ARR of 50% and that the investment is $150,000. Required: 1. Compute the ARR on the new equipment that Cobre Company is considering. Round your answer to one decimal place. % 2. Conceptual Connection: Which project should Emily Hansen choose based on the ARR
Answer:
Computation of Accounting Profit of the new project
Years Cash Revenue Cash expenses Depreciation Profit
1 $6,000,000 $4,800,000 720,000 480,000
2 6,000,000 4,800,000 720,000 480,000
3 6,000,000 4,800,000 720,000 480,000
4 6,000,000 4,800,000 720,000 480,000
5 6,000,000 4,800,000 720,000 480,000
Accounting rate of return of the new project
= Average Profit / Initial investment
= $480,000/$3,600,000
= 13.3%
2. Project A 's ARR = 30%
Project B's ARR = 50%
New Project's ARR = 13.3%
Emily Hansen should choose project with highest ARR. Therefore, project B should be selected since it has highest ARR of 50% as compare to others.
Explanation:
The Accounting Rate of Return is the analytical tool that measures the average return the business will gain from the initial investment upon a specified project. The higher the ARR higher are the chances for the project to provide higher returns.
1. The Accounting Rate of Return for the new project is 13.30%.
2. Based upon ARR Emily Hansen should choose "Project B"
Computations:
1. The Accounting Rate of Return for the new project is computed as follows:
[tex]\begin{aligned}\text{Accounting Rate of Return}&=\frac{\text{Average Profit}}{\text{Initial Investment}}\\&=\frac{\$480,000}{\$3,600,000}\times100\\&=13.30\%\end{aligned}[/tex]
The computation of the average profit is shown in the image below.
2. The ARR of all the projects is:
Project A: 30%
Project B: 50%
Project C: 13.30%
For the independent scenarios, the investor or the business owner must choose the project having the highest ARR.
Therefore, upon the comparison, Emily Hansen will choose Project B having the highest ARR of 50%.
To know more about Accounting Rate of Return, refer to the link:
https://brainly.com/question/13034173
Sheffield Company purchases $50,300 of raw materials on account, and it incurs $63,900 of factory labor costs. Supporting records show that (a) the Assembly Department used $27,100 of the raw materials and $40,100 of the factory labor, and (b) the Finishing Department used the remainder. Manufacturing overhead is assigned to departments on the basis of 160% of labor costs. Journalize the assignment of overhead to the Assembly and Finishing Departments.
Answer:
Work-in-process - Assembly Department $64,160 (debit)
Work-in-process - Finishing Department $38,080 (debit)
Overhead $102,240 (credit)
Explanation:
Assembly Department Costs Assignments
J1 : Raw Materials
Work -in-process $27,100 (debit)
Raw Materials (credit)
J2 : Labor
Work -in-process $40,100 (debit)
Salaries and Wages Payable $40,100 (credit)
J3 : Overheads
Work-in-process $64,160 (debit)
Overhead $64,160 (credit)
Finishing Department Costs Assignments
J1 : Raw Materials
Work -in-process $23,200 (debit)
Raw Materials $23,200 (credit)
J2 : Labor
Work -in-process $23,800 (debit)
Salaries and Wages Payable $23,800 (credit)
J3 : Overheads
Work-in-process $38,080 (debit)
Overhead $38,080 (credit)
Summary of assignment of overhead
Work-in-process - Assembly Department $64,160 (debit)
Work-in-process - Finishing Department $38,080 (debit)
Overhead $102,240 (credit)
If China wished to reduce their accumulation of foreign exchange reserves they could:
A. allow their currency, the yuan, to float freely in the market place.
B. reduce their current account surplus by importing more goods than they export.
C. undertake both of the activities identified in choices A and B.
D. try their best to reduce the trade imbalances with the rest of the world.
Answer:
D. try their best to reduce the trade imbalances with the rest of the world.
Software Distributors reports net income of $54,000. Included in that number is depreciation expense of $9,500 and a loss on the sale of land of $4,900. A comparison of this year's and last year's balance sheets reveals a decrease in accounts receivable of $24,000, a decrease in inventory of $14,500, and an increase in accounts payable of $44,000. Prepare the operating activities section of the statement of cash flows using the indirect method.
Answer:
Cash flow from operating 150,900
Explanation:
The operating activities section of he cash flow statement would like this
$
Net Income 54,000
Adjustments:
Add depreciation expense 9.500
Add loss on sale of land 4,900
decrease in account receivable 24,000
Decrease in inventory 14,500
Decrease in payable 44,000
Cash flow from operating 150,900
All decrease in assets and increase in liabilities are added. All increase in assets and decrease in liabilities are subtracted.
Colter Steel has $5,600,000 in assets. Temporary current assets $ 3,200,000 Permanent current assets 1,610,000 Fixed assets 790,000 Total assets $ 5,600,000 Short-term rates are 10 percent. Long-term rates are 15 percent. Earnings before interest and taxes are $1,180,000. The tax rate is 20 percent. If long-term financing is perfectly matched (synchronized) with long-term asset needs, and the same is true of short-term financing, what will earnings after taxes be
Answer:
The Earnings after taxes will be $400,000
Explanation:
According to the data we have the following Long term financing funds of Permanent current assets = $1,610,000 and Fixed assets = $790,000 so the total of Long term financing funds= $ 2,400,000
Also, we have Termperory current assets = $3,200,000
Therefore, the Long term interest expenses = $2,400,000 * 15%
= $360,000
and the Short term interest expenses = $3,200,000* 10%
= $ 320,000
Hence, Total interest expenses=$360,000+$ 320,000 =$680,000
So, Earnings before taxes=Earnings before interest and taxes-Interest expenses=$ 1,180,000- $ 680,000 =$500,000
The tax rate is 20 percent, hence, taxes=$500,000*20%=$100,000
Therefore, The Earnings after taxes would be=Earnings before taxes-taxes
=$500,000-$100,000
=$400,000
On January 1, the Elias Corporation issued 10% bonds with a face value of $99,000. The bonds are sold for $97,020. The bonds pay interest semiannually on June 30 and December 31 and the maturity date is December 31, ten years from now. Elias records straight-line amortization of the bond discount. The bond interest expense for the year ended December 31 of the first year is. a.$10,098 b.$9,900 c.$9,702 d.$1,980
The bond interest expense for the year ended December 31 of the first year is $990.
Explanation:To calculate the bond interest expense for the year ended December 31 of the first year, we need to determine the bond discount and the number of interest payments made during the year. The bond discount is the difference between the face value of the bond ($99,000) and the selling price ($97,020), which is $1,980. Since the bonds pay interest semiannually, there would be two interest payments made during the year. The bond interest expense would be the bond discount divided by the number of interest payments, which is $1,980 / 2 = $990.
The long-term liability section of Eastern Post Corporation’s balance sheet as of January 1, 2018, included 12% bonds having a face amount of $42.4 million and a remaining premium of $6.6 million. On January 1, 2018, Eastern Post retired some of the bonds before their scheduled maturity.
Required:Prepare the journal entry by Eastern Post to record the redemption of the bonds under each of the independent circumstances below:1. Eastern Post called half the bonds at the call price of 104 (104% of face amount).2. Eastern Post repurchased $11.7 million of the bonds on the open market at their market price of $12.2 million.
Explanation:
Carrying amount of the bonds at January 1, 2018 = $42.4 million + $6.6 million = $49m, so half of that is $24.5m. Selling price was at 104, so proceeds from the sale = $21.2m x 104% = $22m, so there's a gain of $24.5m - $22m or $2.5m
Dr Bonds payable $21.2m
Dr Premium on bonds payable $3m
Cr Cash $22m
Cr Gain on redemption of bonds $2.5m
2. Eastern Post repurchased $11.7 million of the bonds on the open market at their market price of $12.2 million
We are repurchasing $11.7 m out of $42.4m here, so remember to use only 25% of the amounts given to you in the question.
Dr Bonds payable $11.7m
Dr Premium on bonds payable $1.5m
Cr Cash $12.2 m
Cr Gain on redemption of bonds $1m
The journal entry debits the Bond Liability and Premium on Bonds Payable accounts for the respective amounts, debits Loss on Bond Redemption for the loss incurred, and credits Cash for the total amount paid. The Bond Liability and Premium on Bonds Payable accounts are credited for the amounts being retired.
1. When Eastern Post called half the bonds at the call price of 104 (104% of face amount), the journal entry would be:
Debit: Bond Liability for $21.2 million (half of $42.4 million)
Debit: Premium on Bonds Payable for $2.31 million (half of $6.6 million)
Debit: Cash for $22.064 million (104% of $21.2 million)
Credit: Cash for $22.064 million
Credit: Bond Liability for $21.2 million
Credit: Premium on Bonds Payable for $2.31 million
2. When Eastern Post repurchased $11.7 million of the bonds on the open market at their market price of $12.2 million, the journal entry would be:
Debit: Bond Liability for $11.7 million
Debit: Premium on Bonds Payable for $1.65 million (25% of $6.6 million, proportional to the amount retired)
Debit: Loss on Bond Redemption for $49,000 ($12.2 million - $11.7 million - $1.65 million)
Credit: Cash for $12.2 million
Credit: Bond Liability for $11.7 million
Credit: Premium on Bonds Payable for $1.65 million
1. For the bond call:
- The face amount of the bonds being called is half of the total face amount, which is $42.4 million / 2 = $21.2 million.
- The premium on the bonds being called is also half of the total remaining premium, which is $6.6 million / 2 = $2.31 million.
- The call price is 104% of the face amount of the bonds being called, which is $21.2 million * 1.04 = $22.064 million.
- The journal entry debits the Bond Liability and Premium on Bonds Payable accounts for the respective amounts and credits the same accounts for the amounts being redeemed. Cash is debited for the total amount paid, which is the sum of the face amount and the premium.
2. For the open market repurchase:
- The face amount of the bonds being repurchased is $11.7 million.
- The proportional amount of the premium being retired is calculated based on the ratio of the repurchased bonds to the total bonds, which is ($11.7 million / $42.4 million) * $6.6 million = $1.65 million.
- The market price paid for the bonds is $12.2 million.
- The loss on bond redemption is calculated as the difference between the market price paid and the sum of the face amount and the premium being retired, which is $12.2 million - $11.7 million - $1.65 million = $49,000.
1. Understanding Persuasion in a Social and Mobile Age Contemporary businesses have embraced leaner corporate hierarchies, simultaneously relying on teams, eliminating division walls, and blurring the lines of authority. As teams and managers are abandoning the traditional command structure, excellent persuasive skills are becoming ever more important at work. Effective businesspeople must learn to in order to improve relationships with teams and coworkers. influence The most striking developments, summ on, are less than three decades old. be authoritative be blunt Check all that apply command How has persuasion changed in the digitar ager Check an that apply. All businesses are in the persuasion business Persuasion is more complex and impersonal Persuasive techniques are more subtle and misleading Persuasive messages are slow to engage audiences Persuasive messages are targeted to very specific audiences While delivery channels have changed, the principles of effective persuasion have not. 1. Understanding Persuasion in a Social and Mobile Age Contemporary businesses have embraced leaner corporate hierarchies, simultaneously relying on teams, eliminating division walls, and blurring the lines of authority. As teams and managers are abandoning the traditional command structure, excellent persuasive skills are becoming ever more important at work. Effective businesspeople must learn to in order to improve relationships with teams and coworkers. The most striking developments, summarized in this section, are less than three decades old. Check all that apply How has perstasion changed in the digital age? Check all that apply All businesses are in the persuasion business Persuasion is more complex and impersonal Persuasive techniques are more subtle and misleading Persuasive messages are slow to engage audiences Persuasive messages are targeted to very specific audiences While delivery channels have changed, the principles of effective persuasion have not.
Answer:
Explanation:
1. Understanding Persuasion in a Social and Mobile Age Contemporary
businesses have embraced leaner corporate hierarchies, simultaneously relying on teams, eliminating division walls, and blurring the lines of authority.
As teams and managers are abandoning the traditional command structure, excellent persuasive skills are becoming ever more important at work.
As businesses change their hierarchies, persuasive skills are becoming ever more important at work as teams.In the digital age, businesses have moved toward leaner corporate hierarchies, simultaneously relying on teams, dismantling division walls, and blurring the lines of authority. This is why persuasive skills are becoming ever more important at work, as teams and managers are abandoning the traditional
command structure
How has persuasion changed in the digitar age Check an that apply.
All businesses are in the persuasion business
Persuasion is more complex and impersonal
Persuasive techniques are more subtle and misleading:Instead of a blunt, pushy hard-sell approach, persuaders play on emotions by using flattery, empathy, nonverbal cues, and likability appeals, which can be more subtle and misleading
The volume and reach of persuasive messages have exploded
In the digital age, business persuasion relies heavily on subtlety, credibility and physical attractiveness. The principles of effective persuasion have remained largely unchanged, but the delivery channels have evolved. All businesses are in essence in the persuasion business.
Explanation:The nature of persuasion has significantly evolved in the digital age. As businesses shift towards leaner corporate hierarchies, and traditional command structures are blurred, the power of persuasion has become a critical skillset for individuals and teams within a business structure.
In the digital age, all businesses are essentially in the persuasion business. Persuasion has become simultaneously more complex and impersonal due to several factors. Foremost among these factors is the shift towards subtle and nuanced techniques that are often more effective than direct messages. Yet, the principles of effective persuasion have remained largely unchanged.
In today's rapidly evolving workplace environments, characterized by shifts in technology, economics, foreign competition, globalization, and demographics, excellent persuasive skills are becoming ever more critical. Teams and managers need to use persuasive power to influence others and build group consensus, especially when authority is diffused throughout the organization.
In summation, while the delivery channels of persuasion have changed, the principles of effective persuasion - such as credibility, physical attractiveness, and subtlety - have remained the same. All businesses - irrespective of their field of operation - must learn to influence to improve relationships with teams and coworkers in today's social and mobile age.
Learn more about Persuasion in the Digital Age here:https://brainly.com/question/28098250
#SPJ3
LCI Cable Company grants 2.9 million performance stock options to key executives at January 1, 2021. The options entitle executives to receive 2.9 million of LCI $1 par common shares, subject to the achievement of specific financial goals over the next four years. Attainment of these goals is considered probable initially and throughout the service period. The options have a current fair value of $20 per option.
Prepare the appropriate entry when the options are awarded on January 1, 2021.
Answer:
On the date of grant of options-January 1 2021 no entries are required yet in the books of accounts
Explanation:
The value of the options granted to the key executives is computed as follows:
total options fair value=number of shares *current fair value per option
number of shares granted is 2.9 million
current fair value per option is $20
total options fair value=2,900,000*$20
=$58,000,000
the total options value would recognized in the books over four year period on straight line basis =$58,000,000/4
=$14,500,000
At 31 December 2021 for instance,the following entries would be passed:
Dr Compensation expense $4,500,000
Cr Paid-in capital-stock options $4,500,000
However, on the date of grant of options-January 1 2021 no entries are required yet in the books of accounts
Final answer:
LCI Cable Company would record the grant of performance stock options as a compensation expense, recognized over a four-year service period. The total fair value of $58 million would be spread out equally, resulting in an annual expense of $14.5 million. The entry on January 1, 2021, would be to debit Compensation Expense and credit Equity - Stock Options Outstanding for $14.5 million.
Explanation:
When LCI Cable Company grants performance stock options to key executives at the beginning of 2021, the company is creating a compensation expense that will be recognized over the service period, which in this case is the next four years. As the attainment of the specific financial goals tied to the stock options is considered probable, the company would record the total fair value of the stock options as a compensation expense over the four-year period.
The journal entry on January 1, 2021, to record the grant of these options would be:
Credit Equity - Stock Options Outstanding, a part of stockholders' equity, reflecting the company's commitment to issue shares in the future if executives meet the vesting requirements.
To calculate the annual expense, you would take the fair value of the options, which is $20 per option, and multiply by the total number of options, which is 2.9 million. This gives a total fair value of $58 million, which would be spread evenly over the four years, resulting in an annual compensation expense of $14.5 million, assuming straight-line amortization.
Debit Compensation Expense for $14.5 million
Credit Equity - Stock Options Outstanding for $14.5 million
Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one cup of tea, one biscuit, and one magazine. In year one, the basket costs $10.00. In year two, the price of the same basket is $9.00. From year one to year two, there is at an annual rate of . In year one, $50.00 will buy baskets, and in year two, $50.00 will buy baskets. This example illustrates that, as the price level falls, the value of money .
Answer: Please refer to Explanation
Explanation:
Your question is not very clear so I shall be adding the missing spaces as I go along
1. From year one to year two, there is __________ at an annual rate of ________.
In year one the price was $10 and in year 2 the price was $9.
The decrease therefore can be calculated by,
= 10 - 9 / 10
= 0.1
= 10%
So from year 1 to year 2 there is A DECREASE at an annual rate of 10%.
2. In year one, $50.00 will buy ______ baskets, and in year two, $50.00 will buy _______ baskets.
In year 1, with a price of $10 per basket, $50 will buy,
= 50/10
= 5 baskets.
In year 2, with a price of $9 per basket, $50 will buy,
= 50/9
= 5.5 baskets.
= 5 baskets if they don't allow a half basket.
3. This example illustrates that, as the price level falls, the value of money ________. RISES.
As we just saw, when price levels go down, the value of money comes up meaning that you can buy more goods for the same amount of money.
If you need any clarification do comment.
The example demonstrates the inverse relationship between the price level and the value of money. As the price level falls from year one to year two, the value of money increases, allowing one to buy more goods with the same amount of money. This concept is essential in understanding inflation and the purchasing power of money.
Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one cup of tea, one biscuit, and one magazine. In year one, the basket costs $10.00. In year two, the price of the same basket is $9.00. This change illustrates that as the price level falls, the value of money increases. In year one, $50.00 will buy 5 baskets (since $50/$10 = 5), and in year two, $50.00 will buy approximately 5.56 baskets (since $50/$9 ≈ 5.56). This example demonstrates the inverse relationship between the price level and the value of money: when the price level decreases, the purchasing power of money increases, allowing one to buy more goods and services with the same amount of money.
The concept of price level and its impact on the value of money can be further understood through index numbers and inflation rates. The price level is often expressed in terms of index numbers, which simplify the task of comparing changes in the cost of buying a basket of goods and services over time. When prices increase (inflation), the value of money decreases; conversely, when prices decrease (deflation), the value of money increases.
Eighty units of end item X are needed at the beginning of week 6, and another 30 units are needed at the beginning of week 8. Prepare a material requirements plan for component D. D can only be ordered in whole cases (50 units per case). One case of D is automatically received every other week, beginning in week 1 (i.e., weeks 1, 3, 5, 7). Lot-for-lot ordering will be used for all items except D. Also, there are 30 units of B and 20 units of D now on hand. Lead times for all items are a function of quantity: one week for up to 100 units, two weeks for 101 to 200 units, three weeks for 201 to 300 units, and four weeks for 301 or more units.
Answer:
Find attached in the files below
is a list of steps from 1 to 7 containing solution
to the above problem
The first image also contains the complete question
Radar Company sells bikes for $490 each. The company currently sells 4,300 bikes per year and could make as many as 4,620 bikes per year. The bikes cost $260 each to make: $180 in variable costs per bike and $80 of fixed costs per bike. Radar received an offer from a potential customer who wants to buy 320 bikes for $460 each. Incremental fixed costs to make this order are $48,000. No other costs will change if this order is accepted.
Required:
Compute Radar’s additional income (ignore taxes) if it accepts this order.
Answer:
Radar's additional income for accepting the order is calculated as follows:
Sales - 320 x $460 = $147,200
less Cost of Sales = 320 x $180 + $48,000 = $105,600
Additional Income = $41,600
Explanation:
The additional income of $41,600 is $147,200 - $105,600, which is the result of deducting cost of sales from Sales.
The cost of sales includes the variable cost per bike, including the incremental fixed costs ($48,000) to make this order.
To make a decision whether to accept an order or not, the company needs to consider all variable costs, including the incremental fixed costs. The resulting additional income is what is available to offset the fixed costs.
Final answer:
Radar's additional income if it accepts the special order of 320 bikes at $460 each would be $41,600, which is calculated by subtracting the incremental costs ($105,600) from the incremental revenue ($147,200).
Explanation:
To calculate Radar's additional income if it accepts the special order of 320 bikes at $460 each, we need to consider the incremental revenues and costs associated with the order.
Incremental Revenue and Costs
The incremental revenue from selling the additional 320 bikes at $460 each would be $147,200 (320 bikes * $460).
The incremental costs include the variable costs of making the bikes ($180 per bike) and the additional fixed costs of $48,000. The total incremental cost for producing 320 bikes would be $57,600 ($180 variable cost per bike * 320 bikes) plus $48,000 in fixed costs, totaling $105,600.
Additional Income Calculation
To compute the additional income, subtract the incremental costs from the incremental revenues: $147,200 (incremental revenue) - $105,600 (incremental costs) = $41,600.
Thus, Radar's additional income from accepting the special order is $41,600.
7.37 For the net cash flow series, (a) determine the number of possible i* values using the two sign tests, (b) find the EROR using the MIRR method with an investment rate of 20% per year and a borrowing rate of 10% per year, and (c) use the MIRR function to find the EROR.
Answer:
The answer is 25.19% .
Note: The values were not stated for the net series cash flows, during my research and i found the complete question and solved it.
Explanation:
From the question given,
The first step is to make use of a table for the net cash flow series
Year 1 2 3 4 5 6
Net cash flow $4100 $2000 $7000 $12000 $700 $800
Then,
Solution : MIRR is defined as modified internal rate of return, It accounts for the positive cash flows with reinvestment by using re-investment rate and negative cash flows are calculated at their present values to keep the fund aside by using finance rate.
As given also reinvestment rate = 20% and finance cost rate = 10%.
Now, from the table given of cash flows, we will calculate the future value of all cash flows in year 6.
FV = 4100*(1+0.20)^5 + 12000*(1+0.20)^2 + 800*(1+0.20)^0 = $28282.11
Now,
By applying the rate of we will computer teh PV of -ve cash flows :
PV = -2000/(1+0.1)^2 + -7000/(1+0.1)^3 + -700/(1+0.1)^5 = -$7346.73
Now MIRR can be calculated by using the formula , MIRR = \√[n]{FV(positive cash flows/PV of negative cash flows)}-1 = \√[6]{28282.11/7346.74)}-1
MIRR = 1.2519-1 = 0.2519 or 25.19%
Therefore, the only value Possible = 25.19% in this case.
Iris Company has provided the following information regarding two of its items of inventory at year-end: There are 160 units of Item A, having a cost of $18 per unit, a selling price of $22 and a cost to sell of $6 per unit. There are 110 units of Item B, having a cost of $48 per unit, a selling price of $54 and a cost to sell of $4 per unit. How much is the ending inventory using lower of cost or net realizable value
Final answer:
The ending inventory using lower of cost or net realizable value is $8,060.
Explanation:
The ending inventory using lower of cost or net realizable value is calculated by comparing the cost of each item with its net realizable value and selecting the lower value.
For Item A: Cost of 160 units = $18 x 160 = $2,880 Net realizable value = Selling price - Cost to sell = $22 - $6 = $16 per unit Net realizable value of 160 units = $16 x 160 = $2,560
For Item B: Cost of 110 units = $48 x 110 = $5,280 Net realizable value = Selling price - Cost to sell = $54 - $4 = $50 per unit Net realizable value of 110 units = $50 x 110 = $5,500
Hence, the ending inventory using lower of cost or net realizable value is the sum of the net realizable values for both items: $2,560 + $5,500 = $8,060.
Employees at Clearwater Plumbing Supply, Inc. asked the management to hold an election to determine which radio station would be played on the warehouse public address (PA) system while they are working. The winning station was a Christian music station. After a few weeks of having exclusively Christian music played over the loudspeakers at work, some Muslim employees complained to the management that it was religious discrimination. The management stopped playing music on the PA system and allowed employees to wear headsets or have small radios at their workplace. An employee who is a devout Christian was extremely disappointed by this change and brought a complaint under Title VII.
(A) What is true of this scenario?
Answer:
Check the explanation
Explanation:
Going by the question we can derive a scenario whereby the employee cannot demonstrate disparate treatment since prohibiting a specific kind of music at work, even that which has been approved by a majority or popular employee vote, is not an unpleasant and adverse employment action.
Answer:
Explanation:
The employee cannot show disparate treatment because prohibiting a certain kind of music at work, even that which has been approved by a majority employee vote is not an adverse employment action.
An advantage of team diversity is that: a. diverse teams are much more challenging to manage. b. if speed and efficiency are important, a diverse team is appropriate. c. diverse team members are less creative and innovative over the long term. d. diverse team members possess more complementary information and expertise.
Answer: d. diverse team members possess more complementary information and expertise
Explanation:
Diverse team members are increasingly becoming welcome in the business world. Look at most Boards for instance, they don't usually solely comprise of people in the same industry but rather people from different industries and expertise. Why is that?
Simple. If you look at a problem from one angle alone, you can't completely fix it. This is why a diverse team is important. They bring different types of information and various angles that COMPLIMENT each other.
The expertise that people from various backgrounds can bring together can be very useful because again, they can compliment each other and more often than not, make the project way better than it could be if it was approached from one angle.
During each of the next three years, Silver reported net income of $30,000 and paid dividends of $10,000. On January 1, 20X9, Plate sold 1,500 shares of Silver's $10 par value shares for $60,000 in cash. Plate used the fully adjusted equity method in accounting for its ownership of Silver Company. Based on the preceding information, what was the balance in the investment account reported by Plate on January 1, 20X9, before its sale of shares?
Answer:
$255,000
Explanation:
If a company acquires shares of another company the investment amount is shown in the balance sheet of the acquirer. When Plate acquired shares of Silver, it reported the investment of $225,000. The Silver reports a profit of $30,000 on January 2019. The amount reflected in the balance sheet of Plate will be $255,000. This is the sum of investment plus the profit reported by the Silver.
A professional theater company wants to hire a young actor to play an important part in a play. Many actors have expressed an interest in the part, and the theater company cannot audition all of them. Since the actors are young, none have any professional experience. Which of the following sends the strongest signal ofquality?
A. An actor who has directed some plays.
B. An actor who has acted in plays at small local theaters.
C. An actor who comes from a respected talent agency.
D. An actor who has written a play.
Answer: C. An actor who comes from a respected talent agency.
Explanation:
Talent Agencies are professionals in the field. The people they send have been put through training programs that the Talent Agency knows will serve them well because they are in that same industry. For this reason, actors from Talent Agencies send the strongest signals.
Look at it this way, would you take investment advice from an investment banker or from an entrepreneur? Both could present very strong cases but the Investment Banker has expertise in the subject and is more likely to be picked.
It is the same here. The Talent Agency is believed to have expertise and so when they send someone, that person is considered first.
Final answer:
The strongest signal of quality for a young actor to play an important role in a play is c) coming from a respected talent agency.
Explanation:
Quality in the context of selecting a young actor for an important role in a play can be best signified by an actor who comes from a respected talent agency. Talent agencies often represent actors who have potential, and being associated with a respected agency can signal a level of professionalism and readiness for the role.
Actors who are part of respected talent agencies usually have access to better opportunities, networking, and guidance, which can enhance their skills and prepare them for challenging roles in professional theatre.
Therefore, out of the given choices, selecting c) an actor who comes from a respected talent agency would send the strongest signal of quality for the theater company.
Billings Company produces two products, Product Reno and Product Tahoe. Each product goes through its own assembly and finishing departments. However, both of them must go through the painting department. The painting department has capacity of 2,460 hours per year. Product Reno has a unit contribution margin of $120 and requires 4 hours of painting department time. Product Tahoe has a unit contribution margin of $78 and requires 3 hours of painting department time. There are no other constraints. What is the optimal mix of products?
Answer:
Optimal mix
Reno = 615 units
Tahoe = 0 units
Explanation:
Whenever a company is faced with a limiting factor i.e a resource in short supply, the company should allocate the resource to the product with he highest contribution per unit of the scare resource
Product Cont/unit painting hr /unit cont/hr Ranking
Reno $120 4 30 Ist
Tahoe $78 3 26 2nd
The company should use all of its limited 2,460 painting hours to produce the two products as follows:
Reno
= 2460/4
= 615 units of Reno
This is so as long as Billings Company can produce and sell as many units of Reno as it can produce.
Optimal mix
Reno = 615 units
Tahoe = 0 units