Answer:
The amount of the original loan was :
b. $70,905.60
Explanation:
Loan Amount 70.905,60
Annual Interest Rate 5,00%
Term of Loan in Years 12
First Payment Date 31/10/2018
Payment Frequency Annual
Compound Period Annual
Payment Type End of Period
Annual Payment 8.000
Portia is meeting with her subordinates to determine which workers from her department need training in order to handle production increases expected during the next nine months. Portia is involved inA. vision development.
B. operational planning.
C. controlling.
D. tactical planning.
E. developing an MBO.
Answer:
The correct answer is b) operational planning.
Explanation:
Operational planning OP (also known as a work planing) is the method of preparing strategic objectives to achieve the goals. It describes detailly the steps and conditions that will be put into operation during a specific period, usually the fiscal year of a project or business.
According to the United Nations, there were roughly 300 million humans on the planet 1,000 years ago.
Essentially all of them were poor by modern standards: They lacked antibiotics, almost all lacked indoor
plumbing, and none traveled faster than a horse or a river could carry them. Today, between 1 billion and 3
billion humans (out of about 7 billion total humans) are poor. So, over the last 1,000 years, what has
happened to the fraction of humans who are poor?
a. It rose.
b. It fell.
c. It stayed about the same.
d. The answer is impossible to determine from the given information.
Answer:
d) The answer is impossible to determine from the given information
Explanation:
One might think that the correct answer is the b) it rose. However, you should consider that the statement is comparing the lifestyle of humans 1000 years ago with modern standards of poverty. Which is not entirely correct, since 1000 years ago antibiotics had not been discovered, nor had processes developed to purify water, much less invented means of transport such as train or cars. It is possible that 1000 years ago, lacking these comforts wasn't an indicator of poverty as it is today, basically because at that time in history those things didn't exist.
Different companies using the same accounting principles is an example of _________________. For instance, this occurs when two different companies both use the accrual accounting rather than cash-basis accounting or when both companies use the same method to compute depreciation rather than using two different methods.
Answer: Comparability
Explanation: Financial statements of an organisation indicates the position of the business on the market and what are its future prospects. Thus, every organisation markets have to follow same accounting principles while preparing financial statements so that investors in the market could compare different alternatives.
Hence the given statement is an example of comparability.
Suppose that there is a checkable deposit intoYourBank. Which of the following statements is an accurate description of the changes that occur at YourBank? A. The required reserves decrease by the amount of the deposit times the required reserve ratio. B. The required reserves increase by the amount of the deposit. C. The required reserves increase by the amount of the deposit times the required reserve ratio. D. The excess reserves increase by the amount of the deposit times the required reserve ratio.
Answer: Option (C) is correct.
Explanation:
The required reserves are the reserves that banks have to keep it with central bank. Required reserves are the fraction of Check-able deposits. The required reserves are determined by multiplying the deposited amount with the required reserve ratio.
Required reserves = Deposited amount × Required reserve ratio
Required reserve ratio is set by the central bank.
The decision rule in a sell-or-process-further decision is:
process further as long as the incremental revenue from processing exceeds:
incremental processing costs.
variable processing costs.
fixed processing costs.
no correct answer is given.
Answer:
The answer is: Incremental processing costs
Explanation:
The decision rule in a sell or process further decision is the choice between selling a product now or process that product more so that more money can be made. This happens a lot in business that process agricultural products. For example, the company should sell corn as it is, or should it process it to make corn oil, or should it even process it a little more to make margarine.
The company will make a decision based on the incremental analysis of whether the additional incremental revenue provided by margarine exceeds all the additional incremental costs of producing margarine.
Production costs are not linear. Variable costs can change if the quantity being produced changes. For instance a company makes 100 chairs so it buys enough wood for the 100 chairs. But if they decide to produce 200 chairs, then they will probably be able to get a discount for buying a larger amount of wood. Fixed costs tend to decrease as the units produced increase until a point were a new machine is needed or new workers must be hired.
Suppose Dee's just acquired the assets of Flo's Flowers. The book value of Flo's Flowers assets was $68,000 but Dee's paid a total of $75,000. The additional $7,000 paid by Dee's will be recorded on Dee's balance sheet as:- accounts payable.- other current assets.- goodwill.- property, plant, and equipment.
Answer:
The correct answer is goodwill
Explanation:
The term Goodwill refers to an asset, categorized as intangible, it is associated with the purchase of one company by another; when the purchase price is greater than the sum of the fair value of all assets purchased in the acquisition and the liabilities assumed in the process.
Some examples of goodwill are patents and a company´s brand name
Which of the following is FALSE regarding the difference between debt and common stock? A. Equity is ownership in a firm but debt is not. B. Stockholders have voting power while creditors do not. C. Periodic payments made to both are tax deductible for the company. D. Interest payments are usually legally binding while dividend payments generally are not. E.
Answer:
C. Periodic payments made to both are tax deductible for the company.
Explanation:
Interest expense is tax deductible and dividends are not tax deductible.
This is because, interest is an expense charged to income statement and paid on debt, which is a compulsory payment.
Whereas, when we discuss about payment of dividend it is paid as part of retained earnings, as this is paid from retained earnings which is balance of net income added after tax to retained earnings.
Therefore, the statement which is false
C. Periodic payments made to both are tax deductible for the company.
Suppose that in 2018, nominal Gross Domestic Product (GDP) for the economy of Chiconia was $10 trillion and the Gross Domestic Product (GDP) price index was 200.0. What is Chiconia's real Gross Domestic Product (GDP) in 2018?
Answer:
Chiconia's real Gross Domestic Product (GDP) in 2018 is 0.05 Trillion or $ 50 billions
Explanation:
Real Domestic Product is GDP adjusted by price levels and can be found as:
Real GDP = Nominal GDP / Price Index
so in this case
Real GDP = $10 trillion / 200 = 0.05 Trillion or $ 50 billions
GDP is a measure of the monetary value of the production an economy that can be large either by an increase in production or in the prices you are selling . Real GDP always makes that adjustment.
Kristi goes shopping with a friend and notices her friend’s new duct tape wallet. She thinks of her own worn wallet and realizes she needs a new one. In which stage of the consumer purchase decision process was Kristi when she had this realization?
Answer:
Problem recognition
Explanation:
The problem recognition stage arises when the purchaser or consumer recognizes the need or problem which can be satisfied by a good or service in the market. This is the first stage of the consumer purchase decision process. Kristi recognized the need for a new wallet after seeing her friend's wallet.
If the Federal Reserve tightens the money supply, other things held constant, short-term interest rates will be pushed upward, and this increase will generally be greater than the increase in rates in the long-term market.
a) True
b) False
Answer:
The statement is true
Explanation:
Tightening monetary policy or curbing money supply in an economy is a move by Federal Reserve to control inflation or bring down over-heated economic growth.
Money supply is curbed by increasing short-term interest rates, thereby increasing cost of borrowing and making borrowing less attractive to public. This increase in short-term rates, also called Federal fund rates are usually greater than long-term interest rates prevailing in the market.
Julie is the CEO of a leading yet mature company in the automotive industry. Her company's sales growth has been steadily declining the past few years. To stimulate growth, Julie may have to: _________
Answer:
Invest in new product offerings that cannibalize existing sales of legacy products
Explanation:
Since the sales of the automotive industry has been going down in the past few years, Julie working as the Chief Executive Officer of the company has to make decision and make investments in new projects and products so that the company sustains and the the growth also rises. Starting new projects in the market will help Julie's company to gain their returns and will help sustaining the company. Julie can also make cannibalize or use the machine part or the spare as the source of raw materials to manufacture other parts. Thus in this way, Julie can regain her declining sales growth.
Answer:
Growth is expected to grow much more quickly than average.
Explanation:
As a major steel manufacturer, SteelMakers Inc. focuses on having the most efficient manufacturing processes in place. The company believes that its competitive edge lies in its ability to offer the best prices. They also maintain an excellent distribution network that ensures wide availability of their products. SteelMakers has a ________.A) selling orientationB) production orientationC) product orientationD) marketing orientationE) social orientation
Answer: Production orientation
Explanation: It refers to a strategy when the company focuses only to provide the best quality product in the market without taking into consideration the preference of the customers.
In the given case, Steel makers are focusing on making their business process the best in market so that they can gain a competitive advantage.
Thus, from the above we can conclude that the correct option is C.
SteelMakers Inc. has a production orientation because it focuses on efficient manufacturing processes to offer competitive prices and prioritize distribution efficiency.
SteelMakers Inc., with its emphasis on efficient manufacturing processes and ability to offer the best prices through those efficiencies, as well as an excellent distribution network for wide product availability, can be said to have a
B) production orientation.
This organizational approach prioritizes production efficiency and operations to minimize costs and maximizes distribution to outcompete others with lower prices. It focuses on the internal capability to produce and distribute goods at scale, often characterized by economies of scale in production, which are evident in the profitability of the company mentioned, providing significant ROI to shareholders.
Brooke Monroe, the Vice President of Manufacturing for Diacon Products has made a strong argument for the company to enter foreign markets via turnkey projects. However, the company's Chief Financial Officer, Nandu Kishore argues that turnkey projects being short-term propositions could be disadvantageous for the firm if a country subsequently proves to be a major market for the output of the process that has been exported. Brooke Monroe could counter this objection by arguing that Diacon Products can get around this problem by
Answer:
The answer is: If the new market proves to be big enough for Diacon Products (DP) to enter, they can always build a new facility for themselves.
Explanation:
Unless prohibited in the contract, DP will always be able to build new factories or facilities in the new markets they just entered. Their better know how on the production processes will always be an advantage for them.
For instance they might build a new cement factory in India. If India´s market for cement turns to be huge and DP decides to enter into it, of course they should be able to build a new cement plant for themselves. They will probably be able to set up the cement plant in a better way than before due to the experience they gained the first time.
Usually the worst thing to do is simply nothing. If they believe a market is so good for them to enter, then they should do it directly the first time. But if they are unsure, building a turnkey project for someone else is very good marketing research.
Brooke Monroe could counter this objection by arguing that Diacon Products can get around this problem by negotiating long-term service contracts or licensing agreements with the local firms in the foreign markets.
Brooke Monroe's argument for entering foreign markets through turnkey projects is based on the idea that such projects can provide immediate revenue and entry into new markets. However, Nandu Kishore's concern is valid as turnkey projects are typically short-term and may not provide sustained revenue streams if the market grows significantly after the project's completion.To address this concern, Brooke Monroe could propose that along with the turnkey project, Diacon Products should negotiate long-term service contracts or licensing agreements with the local firms. Here's how these strategies could mitigate the issue:
1. Long-term Service Contracts: By offering ongoing maintenance, support, and other services related to the turnkey project, Diacon Products can establish a continuous revenue stream. This would ensure that even after the initial project is completed, the company remains involved in the market, benefiting from the continued growth and demand for their expertise and services.
2. Licensing Agreements: Diacon Products could license the technology or process used in the turnkey project to the local firm. This would allow the local firm to continue producing the output, and Diacon Products would receive royalties or licensing fees. This approach ensures that Diacon Products can capitalize on the market's growth without having to manage the production facilities themselves.By implementing these strategies, Diacon Products can transform what would have been a short-term engagement into a long-term business relationship. This not only addresses the CFO's concerns about missing out on a major market but also positions the company to benefit from the market's potential over time.
Additionally, these approaches can help build strong local partnerships, enhance brand presence, and provide valuable market insights that can inform future business strategies.
What is the law of demand?
a table that lists the quantity of a good all consumers in a market will buy at each different price
the desire to own something and the ability to pay for it
a tendency for consumers to buy more of a good when its price decreases and less when its price increases
a table that lists the quantity of a good a person will buy at each different price
Answer: A table that lists the quantity of a good all consumers in a market will buy at each different price
Final answer:
The law of demand states that as the price of a good or service increases, quantity demanded decreases, and vice versa, assuming other factors remain constant. This principle illustrates the inverse relationship between price and demand, typically represented by a downward sloping demand curve.
Explanation:
The law of demand states that there is an inverse relationship between the price of a good or service and the quantity demanded. This means that, other things being constant, when prices rise, demand falls, and when prices drop, demand increases. This is because as the price of a good increases, the opportunity cost of purchasing that good also goes up, leading consumers to forgo the purchase or look for cheaper alternatives. The law of demand is often depicted graphically as a demand curve, which is typically downward sloping to reflect the negative relationship between price and quantity demanded.
Which of the following professional services would be considered an attestation engagement?A. Advising management in the selection of a computer system to meet business needs.B. Preparing the income statement and balance sheet for one year in the future based on client expectations and predictions.C. Advocating on behalf of a client about trust tax matters under review by the Internal Revenue Service.D. Providing financial analysis, planning, and capital acquisition services as a part-time, in-house controller.
Answer: Option B
Explanation:
In simple words, attestation engagement refers to the preparation of reports and investigation by a third party on the order or request from the client's side.
Attestation engagement requires independence in the working of the investigator. Audit is an example of attestation engagement.
Hence from the above we can conclude that the correct option is B.
_______________ is an approach that starts by investigating the general data and information needs of an organization at the strategic level and then examines more specific data and information needs for the functional areas and departments within the organization.
Answer:
The answer is Enterprise data modeling.
Explanation:
Enteprise data modeling is a component of data architecture, with subject, conceptual and enterprise logical models based on business concepts and requirements.
To define the subject area model, it is important to identify the key concepts for business expressed as singular nouns, there must be no more than 20 subjects, and they must no be functiones.
To define the enterprise logical data model, you should describe in detail the entities found, and related entities needed to complete the description.
Jane always finishes the work assigned to her before her team members. Her performance never dropped even when she was working on different projects with different teams. In the context of scientific management, Jane can be considered a(n) _____.
Answer: Rate buster
Explanation: Those employees that exceed their performance level beyond the agreed formal rate are called rate buster in scientific management. These are the workers who use their maximum ability while performing a job.
In the given case, Jane performs superior than her fellows even in case of difficult situations.
Hence, from the above we can conclude that Jane should be considered as a rate buster.
Jane can be considered a highly efficient worker in the context of scientific management, which emphasizes optimizing work processes to increase productivity according to Frederick W. Taylor's principles.
Explanation:Jane always finishes the work assigned to her before her team members and maintains consistent performance across various projects and teams. In the context of scientific management, Jane can be considered a highly efficient worker, embodying the principles of Frederick W. Taylor's scientific management. Taylor's methodology focused on analyzing and improving work processes through time-motion studies, and optimizing worker performance by designing tasks to increase efficiency, often at the cost of personal interaction and job satisfaction. Such workers were seen as cogs in a machine, with incentives provided to encourage productivity. Jane's ability to prioritize her tasks and work effectively, as indicated in her interactions with her supervisor, demonstrates her competence in a system driven by efficiency and precise management protocols.
It costs Calient Company $46 per unit ($27 variable and $19 fixed) to produce its product, which normally sells for $58 per unit. A Brazilian wholesaler offers to purchase 5,000 units at $36 each. Client would incur special shipping costs of $5 per unit if the order were accepted. Galiente has sufficient unused capacity to produce the 5,000 units. If the special order is accepted, what will be the effect on net income?
Answer:
The effect on net income will be $25,000, meaning the company will lose $25,000.
Explanation:
The Wholesaler offers = 5000×$36
= $180,000
Special shipping cost = 5000×$5
= $25,000
but the actual cost per unit = 5000×$46
= $230,000
The effect on the net income = $230,000 - $180,000 - $25,000
= $25,000
Therefore, the effect on net income will be $25,000. this means the company will lose $25,000.
The You Look Marvelous! cosmetic company is considering building a new shampoo factory. Its accountants and board of directors meet and decide that it is not a good idea to build the factory. If interest rates fall after the meeting
a.the present value of the factory rises. It’s more likely the company will build the factory.
b.the present value of the factory rises. It’s less likely the company will build the factory.
c.the present value of the factory falls. It’s more likely the company will build the factory.
d.the present value of the factory falls. It’s less likely the company will build the factory.
Answer:
A
Explanation:
The present value of cash inflows or of the factory project depends inversely on the interest rates; if interest rates fall, present value will rise. The formula attached shows the mathematical relationship but intuitively if the interest rate falls then the cost of money over the time decreases, then when you convert cash inflows into monetary units of today, you will discount less and net cash inflows will rise .In this case, cash inflows of the factory, converted into monetary units of today, will increase and the company will perceive better earnings if they decide to build the shampoo factory. Because of that it is more likely that the company will build the factory.
At the beginning of the year, Tektron Company had total assets of $600,000 and total liabilities of $300,000. If the total assets increased $100,000 and the total liabilities decreased $70,000, what is the amount of stockholders’ equity at the end of the year?
Answer:
what is the amount of stockholders’ equity at the end of the year is $470000
Explanation:
y1 Variation y2
Assets 600000 100000 700000
Liabilities 300000 -70000 230000
Equity 300000 470000
A toll of $1 per car is imposed on a road regardless of time of day. If the toll creates equilibrium travel flows at the busiest time of day, it will create a __________ at all other times.
Answer:
[tex]surplus[/tex] [tex]of[/tex] [tex]space[/tex]
Explanation:
Surplus of space definition - a more amount of something that was required.
This could fit into the blank
A clothing store chain tracks the sale of each product at each location. Managers use this information to calculate the organization's profits, to track inventory needs, and to determine which styles and fabrics are the most popular among its customers. This is an example of quality information that is ___________.
Answer:Flexible
Explanation:
According to the question, clothing store tracks the sale at each location so, they are taking a very large base of consumers and they are considering each consumer that is why the quality information is flexible.
Demands of each consumer may vary such that one wants cotton fabric, another wants polyester so this makes the information more flexible as it may vary largely.
Which of the following would NOT be considered an investment in human capital?
A
obtaining a college degree
B
purchasing a new computer
C
attending a first-aid class
D
paying for cooking lessons
Answer:
B: Purchasing a new computer
Explanation:
Investing your money in a new computer does not teach you new skills so it would not be counted as an investment in human capital. Obtaining a college degree, attending a first-aid class, and paying for cooking lessons enhances your creativity and skills so they are the perfect examples of investments in human capital. Moreover, one of the major characteristics of investing in human capital is that they are intangible so that's another reason why purchasing a new computer cannot be categorized as an investment in human capital.
Use the appropriate compound interest formula to find the amount that will be in each account, given the stated conditions. $26,500 invested at 3.85% annual interest for 2 years compounded (a) daily (n equals365); (b) continuously
Answer:
= $26.5000 * ( 1+ 0,0104%)^(365*2)
Explanation:
First of all, you have to convert the 3,85% annual interest rate in a daily interest rate because n= 365.
1) = ((1+annual interest)^ (1/n))-1
= ((1+3,85%)^(1/365))-1
= 0,0104% it the result of the daily interest rate
Secondly, you need to use the compund interest formula according with the invested money
2) = Capital invested*(1+ daily interest rate)^ (365 x numbers of years)
= $26.5000 * ( 1+ 0,0104%)^(365*2)
= $26.5000 * ( 1+ 0,0104%)^(365*2)
= $26.5000 * 107,85%
= $28.580,78
Finally, as you can see the compunded interest formula is elaborated by the information of the daily interest rate calculated first, multiplied by the days of the year (n) and the numbers of the years (2) that the investing is going to be generating profits.
The future value of an investment of $26,500 at an annual interest rate of 3.85% compounded daily for 2 years is $28,487.88. When the compounding is continuous, the future value becomes slightly higher at $28,495.67.
Explanation:The subject of your question is compound interest, where the interest in each compounding period is added to the principal before calculating the interest for the next period. Compound interest significantly enhances the growth of an investment over time compared to simple interest.
Part (a): Daily Compounding
For daily compounding, we use the formula A = P(1 + r/n)^(nt) where P = principal amount (initial investment), r = annual interest rate (in decimal), t = time the money is invested for (in years), n = number of times interest applied per time period.
By substituting the given values into the formula, we have A = $26,500 * (1 + 0.0385/365)^(365*2) = $28,487.88
Part (b): Continuous Compounding
For continuous compounding, we use the formula A = Pe^(rt), where P = principal amount, r = annual interest rate (in decimal), t = time for which the money is invested and e is Euler's number approximately equal to 2.71828.
By plugging in the given values, we get A = 26500 * e^(0.0385*2) = $28,495.67. Hence, the higher the frequency of compounding, the higher the future value of the investment.
Learn more about Compound Interest here:https://brainly.com/question/34614903
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Breaking down complex skills into smaller subskills or steps to make learning easier is known as _____. direct instruction programmed instruction applied learning task analysis
Answer:
Learning task analysis
Explanation:
Task analysis is used in education to know the capabilities of students and figure out which assignments presents more difficulties for them. Additionally, it´s also used the breakdown from complex to simple steps as a tool in behavioral modification. Objective: the way a subject should be taught and the necessary tools to get the best achievable performance
Which financial decision is this:
Radford is a small company that manufactures automobile bearings. Managers at the company must make decisions on the kind and the cost of equipment to buy.
Answer: Investment decision
Explanation: Investment decision refers to the financial decisions of an organisation that deals with the purchase of long term assets. It focuses on what type of asset should be procured by the organisation that suits the current needs.
In the given case, Radford is trying to decide what kind of of equipment to buy and how much to spend.
Thus, it is an example of investment decision.
The Spokes Bikes makes 18 bicycle models in more than 2 million combinations, with each combination designed to fit the needs of a specific customer. The customer chooses the model, size, color, and design. An analysis of this company's operation would indicate that it uses:
A. lean manufacturing.
B. flexible production.
C. mass customization.
D. continuous production.
Answer:
C. mass customization.
Explanation:
Mass customization is an economic term that refers to a company that promotes mass production of its products, but allows customization according to the needs and desires of the customer.
Therefore, it refers to the creation of a high volume product, which at the same time offers a wide range of options to the consumer, without compromising the gains in scale. The viability of this concept can be obtained by combining some strategies and technologies, such as modular product design and manufacturing technologies. Common marketing examples are the automobile and computer industries, where the customer, according to his needs and desires, "assembles" the product with the items he chooses. It is worth mentioning that until the moment of purchase, these items are stored, and their resupply depends on aggregate demand forecasts, while the assembly and configuration are triggered only by the specific order of the customer.
A recent study shows the benefits of using public transportation. Government officials have hired your consulting firm to increase the demand for public transportation. They come to you with three of their suggestions.
• Suggestion 1. Reduce the price of public transportation.
• Suggestion 2. Increase the price of private transportation by increasing tolls.
• Suggestion 3. Offer monthly and yearly passes that reduce the price paid per ride of public transportation.
Which suggestion(s) does your firm recommend?
A. 1
B. 2
C. 3
D. 1 and 3
Answer:
C. 3
Explanation:
The decision to use public or private transport is individual and depends on the tastes and preferences of each consumer. If there is a proposal to stimulate the use of public transport, it is necessary to affect these preferences, which are often associated with costs.
Measure 1 would only be feasible if a study showed that there is room for tariff reduction. Public transport should be used, but it should be sustainable without relying on subsidies.
Measure 2 may be adopted, as rising private transportation costs such as tolls, fares and so on may force people to decide to use public transport, but this is a more extreme measure that affects other sectors and I would not recommend it.
Measure 3 would be recommended because it is a stimulus to the consumption of public transport. If annual passes provide discounts, consumers' perceptions may change as public transport may become more economically attractive.
Which of the following refers to individual units within a firm that operate like separate businesses, with each having its own mission, business objectives, resources, managers, and competitors?
A. Business portfolio
B. Strategic business units (SBUs)
C. Market development strategies
D. Strategic plan
E. Diversification strategies
Answer:
B. Strategic business units (SBUs)
Explanation:
A strategic business unit, popularly known as SBU, is a fully-functional unit of a business that has its own vision and direction. Typically, a strategic business unit operates as a separate unit, but it is also an important part of the company. It reports to the headquarters about its operational status.
To estimate the percentage of defects in a recent manufacturing batch, a quality control manager at Toyota selects every 19th car that comes off the assembly line starting with the ninth until she obtains a sample of 120 cars.
What type of sampling is used?
(a) Simple random
(b) Systematic
(c) Cluster
(d)Convenience
(e) Stratified
Answer: Systematic
Explanation: It refers to a method of sampling in which the samples are selected from a population randomly but as per a set criteria and defined interval. The interval is computed by dividing the population with the sample size needed.
In the given case, the quality manager starts taking sample on the on a fixed interval, that is, every 19th car after the ninth car.
Hence from the above we can conclude that the correct option is B.