Answer:
interest expense 450,000
Explanation:
The interest expense will be the carrrying value times the market rate
face value 10,000,000
issued at 9,000,000
discount 1,000,000
face - discount = carrying value = 10 - 1 = 9 millions
9,000,000 x 10%/2 = 450,000 interest expense
then face value x bond rate = cash proceeds
10,000,000 x 8%/2 = 400,000 cash proceeds
the diference wil lbe the amortization
amortization 450,000 - 400,000 = 50,000
interest expense 450,000
cash 400,000
discount on BP 50,000
next period the carrying value will be
10,000,000 - 950,000 = 9,050,000
The bond interest expense for L. N. Bean for the 6 months ended December 31, 2018, using the effective interest method, is calculated as 10% of the issue price ($9 million) for half a year, resulting in an expense of $450,000.
The question asks how to calculate the bond interest expense using the effective interest method for L. N. Bean's bonds for the 6 months ended December 31, 2018. As the bonds were issued at a discount (issued for $9 million but with a face value of $10 million), the effective interest rate of 10% must be used for the calculation.
To calculate the bond interest expense, we first find the interest for the 6-month period by taking 10% (annual yield) of the issue price ($9 million) for half a year. This is calculated as:
Interest expense for 6 months: ($9,000,000 x 10%) / 2 = $450,000.This interest expense represents the amount that will be reported by the company for the period.
Slimline and Distributor signed a contract providing that Distributor would use reasonable efforts to promote and sell Slimline’s diet drink. Slimline was already being sold in Warehouse Club. After the contract was signed, Distributor stopped conducting in-store demos of Slimline. It did not repackage the product as Slimline and Warehouse had requested. Sales of Slimline continued to increase during the term of the contract. Slimline sued Distributor, alleging a violation of the agreement. Who should win?
Answer: In this case, Slimline would win the case because Distributor's conduct and less inclination towards the product is breach of the contract. Therefore Slimline sued Distributor, alleging a violation of the agreement.
Hence, in this case Slimline is more likely to win the case as it was asked of the distributor to use reasonable efforts to promote and sell Slimline’s diet drink.
Final answer:
If Distributor's efforts to promote and sell Slimline, although not including in-store demos or repackaging, can be considered reasonable and sales increased, they may have fulfilled their contractual obligations. The court will look at the specific terms of the contract and what constitutes reasonable efforts.
Explanation:
When determining which party should win in the lawsuit between Slimline and Distributor, a court will likely examine the explicit terms of the contract, the definition of reasonable efforts, and the performance outcomes during the term of the contract. If the contract provided that Distributor would use reasonable efforts to promote and sell Slimline's diet drink, but did not specify that in-store demos or repackaging were required, Distributor's obligation may have been met as long as their efforts fell within what is considered reasonable under the circumstances. An important factor is that sales of Slimline increased despite Distributor stopping in-store demos and not repackaging the product. Consequently, Distributor may argue that they have fulfilled their contractual obligations since there was no negative impact on sales, implying that they may have used other reasonable methods to promote and sell Slimline's product.
In its year 3 income statement, Cere Co. reported income before income taxes of $300,000. Cere estimated that, because of permanent differences, taxable income for year 3 would be $280,000. During year 3 Cere made estimated tax payments of $50,000, which were debited to income tax expense. Cere is subject to a 30% tax rate. What amount should Cere report as income tax expense?
Answer:
$84,000
Explanation:
In this case there will arise deferred tax asset as the book profit is more than taxable profit, now
Tax liability = $300,000 X 30% = $90,000
Though out of which deferred tax asset = ($300,000 - $280,000) X 30% = $6,000
Now tax expense for the year = $280,000 X 30% = $84,000
Therefore, Cere should report a tax expense of $84,000
Even though the liability is of $90,000
Final Answer
$84,000
Staff-level briefings are conducted by the supervisor to introduce co-workers, clarify tasks, define the scope of work, describe sources of work supplies, and present the work schedule. True or false?
Answer:
The given statement is True. Staff level briefings are conducted by the supervisors to introduce co workers, clarify tasks, define the scope of work, describe sources of work supplies and present the work schedule.
Explanation:
Staff level briefings are the meetings in which employees in the company are given briefings about different things by the supervisor. Higher level management is not present in such briefing sessions. Briefings are conducted to make employees comfortable with each other, to know each other, to have a clarity about the work and tasks, and the scope of their work, and to have a know how about the work schedules. Supervisor tells all such things to the staff in the briefing sessions.
Staff-level briefings do indeed serve to introduce new co-workers, define tasks, outline the scope of work, share sources of supplies, and distribute work schedules. They are important for maintaining open communication and effective operation in a workplace.
Explanation:The statement posed in your question is true. Staff-level briefings are routine meetings held by the supervisor or management to communicate important information about the workplace to their staff. These briefings may be used to introduce new co-workers, define tasks or the scope of a project, share sources of work supplies, and to distribute the work schedule. The goal of these meetings is to ensure everyone is on the same page and working effectively together, and to provide a forum for questions and clarification.
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Suppose that consumers decide to walk to work more frequently and drive cars less. Companies that make walking shoes hire workers, while automobile companies lay off workers. This is an example of a. structural unemployment created by sectoral shifts. b. frictional unemployment created by efficiency wages. c. frictional unemployment created by sectoral shifts. d. structural unemployment created by efficiency wages.
Answer: Option C
Explanation: Shoe working companies are hiring workers and car manufacturing companies are laying of workers due to change in preference of consumers in general is an example of frictional unemployment created by sectoral shifts. Frictional unemployment means the unemployment caused when an individual is searching for a job and transitioning from one job to another. In this case due structural shift from cars to walk the workers of car factories have to shift to shoe factories.
Which of the following statements is correct? a. If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling fewer units at a higher price per unit. b. If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit. c. If the monopolist is earning a positive economic profit, it must be producing where MR equals MC. d. When a monopolist produces where price equals the minimum of average total cost, it earns a positive economic profit.
Answer:If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit.
Explanation:
If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit. In the case of higher MR , the maximum profit will come about at the level of where MR is equal to the MC. So in this case to increase the profit, MR i,e, also the price can be lower to the level of MC to sell more commodity and earn higher profits.
1. Which type of business proposal or report is most likely to capture the attention of your manager? Explain your choice using information from this reading week's material.
Explanation:
A business proposal is a written document in which the offers and proposed plans given to the clients are listed. This proposal or report is got checked by the manager before sending to the client. Even if the simple report has to be presented to the manager, it must have some points that capture the attention of your manager. The proposal or report must cover every aspect which is being discussed.
- The writing of the proposal or report must be persuasive.
- It should be precise.
- The tone of the proposal must be professional.
- Important points should be marked bold or italic.
- Paragraphing should be used.
- Bullets, lists and Tables should be used where needed.
- The document should have a visual appeal.
All such things will make the document appealing and will capture the attention of your manager.
Barrett, Inc. reports the following information for the year ended December 31: Beginning Finished Goods Inventory 70 units Units produced 450 units Units sold 520 units Sales price $ 150 per unit Direct materials $ 25 per unit Direct labor $ 10 per unit Variable manufacturing overhead $ 15 per unit Fixed manufacturing overhead $ 15 comma 600 per year Variable selling and administrative costs $ 6 per unit Fixed selling and administrative costs $ 13 comma 000 per year The beginning Finished Goods Inventory costs were $ 3 comma 600 under absorption costing and $ 3 comma 500 under variable costing. What is the operating income using variable costing
Answer:
Operating Income 20,600
Explanation:
First Step will be to calculate the contribution of the begining inventory and the contribution of the untis produced in this period:
BEGINNING INVENTORY
70 units at $150 = $10,500
cost of BI $3,600
Contribution Begining Inventory $6,900
get the production of this year contribution
Sales Units 150
Direct Materials 25
Direct Labour 10
Variable MO 15
Variable S&A 6
Total Variable 56
Contribution 94
Unit produced 450
Contribution Produced units 42300
Second, the operating income:
Contribution Begining Inventory $6,900
+ Contribution Produced units 42,300
Total contribution = 49,200
Fixed Cost
fixed MO 15,600
fixed S&A 13,000
Total Fixed Cost 28,600
Operating Income 20,600
Operating income, also known as operating profit or operating earnings, is a financial metric that measures a company's profitability from its core business operations. Hence Operating Income 20,600. Hence option B is correct.
Operating Income 20,600.
Explanation:
The first Step will be to calculate the contribution of the beginning inventory and the contribution of the units produced in this period:
BEGINNING INVENTORY
70 units at $150 = $10,500
cost of BI $3,600
Contribution Begining Inventory $6,900
get the production of this year contribution
Sales Units 150
Direct Materials 25
Direct Labour 10
Variable MO 15
Variable S&A 6
Total Variable 56
Contribution 94
Unit produced 450
Contribution Produced units 42300
Second, the operating income:
Contribution Begining Inventory $6,900
+ Contribution Produced units 42,300
Total contribution = 49,200
Fixed Cost
fixed MO 15,600
fixed S&A 13,000
Total Fixed Cost 28,600
Operating Income 20,600
It represents the revenue generated by a company's primary activities, such as selling goods or providing services, minus the direct costs associated with those activities, including production costs and operating expenses.
Operating income is a crucial indicator of a company's operational efficiency and its ability to generate profits before considering non-operating items such as interest and taxes. It provides insights into the company's financial health, its ability to cover fixed costs and its potential for growth and expansion.
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Barrett, Inc. reports the following information for the year ended December 31: Beginning Finished Goods Inventory 70 units Units produced 450 units Units sold 520 units Sales price $ 150 per unit Direct materials $ 25 per unit Direct labor $ 10 per unit Variable manufacturing overhead $ 15 per unit Fixed manufacturing overhead $ 15 comma 600 per year Variable selling and administrative costs $ 6 per unit Fixed selling and administrative costs $ 13 comma 000 per year The beginning Finished Goods Inventory costs were $ 3 comma 600 under absorption costing and $ 3 comma 500 under variable costing. What is the operating income using variable costing? What is the operating income using variable costing? A) $14,380 B) $20600 C) $4780 D) $45,200
When the dollar depreciates, U.S. a. net exports fall, which increases the aggregate quantity of goods and services demanded. b. net exports fall, which decreases the aggregate quantity of goods and services demanded. c. net exports rise, which increases the aggregate quantity of goods and services demanded. d. net exports rise, which decreases the aggregate quantity of goods and services demanded.
Answer:
The correct option here is c) the net export will rise and the aggregate quantity of goods and services demanded would also increase.
Explanation:
When the value of dollar currency depreciates, the net export of US would rise because due to depreciation of the currency , the goods that are produced in US have now become cheaper and because of this the total aggregate demand of the goods and services produced in US has increased and thus all of this would lead to increase in export and decrease in import.
Depreciation of the dollar leads to an increase in U.S. net exports, and consequently an increase in the aggregate quantity of goods and services demanded. This happens because lower value of dollar encourages more foreign purchases of U.S goods.
Explanation:When the dollar depreciates, the correct answer is option C: U.S. net exports rise, which increases the aggregate quantity of goods and services demanded. This is because the relative cost of U.S goods and services will decrease for foreign consumers, which encourages selling more to foreign markets (leading to a rise in net exports). An increase in demand for these goods and services raises the overall demand in the aggregate economy. Conversely, a rise in the value of the dollar would make U.S goods more expensive for foreign consumers, potentially leading to a decrease in net exports and a decrease in the aggregate demand.
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Which nims structure makes cooperative multi-agency decisions?
Answer:
The correct answer to the following question will be "MAC groups".
Explanation:
MAC Teams are mandate-setting bodies usually composed of or appointed by the Agency's administrators/executives. Underneath the NIMS (National Incident Management System), either the EOC or the MAC Team has any immediate incident control presence and will sometimes be situated some way from the site of the incident.Therefore, MAC groups are the right answer.
In the National Incident Management System (NIMS), the Unified Command structure facilitates cooperative multi-agency decisions, allowing different agencies to coordinate and plan effectively while maintaining their unique responsibilities.
Explanation:In the National Incident Management System (NIMS), the structure that facilitates cooperative multi-agency decisions is the Unified Command. This approach enables institutions and agencies with different legal and functional responsibilities to effectively coordinate, plan, and interact. An example could be a disaster scenario where multiple agencies such as the fire department, police, and health services need to work together. In such a situation, the Unified Command system allows these different entities to make cooperative decisions without losing their individual agency authority, responsibility, or accountability.
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How have right to work laws affected union workers? a. They have increased union membership. b. They have decreased union membership. c. They have kept membership rates steady. d. They have had no effect on union membership.
Answer:
They have decreased union membership- b.
A company has an operating income of $100 million, depreciation of $15 million, an asset sale of $50 million, a capital expenditure of $10 million, and an increase in net working capital of $10 million. Calculate this company’s free cash flow for the year.
Answer:
145 millons free cash flow for the year
Explanation:
100 operating income
+ 15 depreciation (this expense do not involve cash, so they add up cash)
+50 long term asset sales (more cash in form of currency)
-10 capital expenditure (cash used purchase, mantaing or improve their assets)
-10 investment in working capital (we use it to adquire assets or pay liabilities)
-----
145 millons free cash flow for the year
When an incident occurs and relevant agencies or departments are dispatched to the scene, the lead agency assumes Incident Command and a PIO is designated. This person is usually: A. The local or regional Emergency Manager. B. A full-time PIO whose role has been predetermined in emergency plans and SOPs. C. The Incident Commander, who originates from the lead agency. D. A volunteer PIO who is experienced in incidents of all sizes and magnitudes.
Answer:
When an incident occurs and relevant agencies or departments are dispatched to the scene, the lead agency assumes Incident Command and a PIO is designated. This person is usually A full-time PIO whose role has been predetermined in emergency plans and SOPs- B.
Answer:
C
Explanation:
Diversification a. increases the likely fluctuation in a portfolio’s return. Thus, the likely standard deviation of the portfolio’s return is higher. b. reduces the likely fluctuation in a portfolio’s return. Thus, the likely standard deviation of the portfolio’s return is higher. c. reduces the likely fluctuation in a portfolio’s return. Thus, the likely standard deviation of the portfolio’s return is lower. d. increases the likely fluctuation in a portfolio’s return. Thus, the likely standard deviation of the portfolio’s return is lower.
Answer:
The correct answer is option C.
Explanation:
Portfolio diversification can be defined as the process of spreading investment to a number of assets in order to reduce risk.
Higher risk is associated with higher return. In the process of diversification we invest on various assets, because investing on a single assets creates higher risk of loss.
Portfolio standard deviation measures overall portfolio's risk.
Diversification reduces fluctuation in the overall portfolio's return. The standard deviation of portfolio's return is also lower.
What element do the potential solutions of raising the retirement age, increasing payroll taxes, and reducing benefit payments all share?A.Each one would completely solve the Social Security problem. B.Each one would require someone to give up money and/or benefits.C.Each one would be protested by people who are already retired. D.Each one would force citizens to wait longer to collect benefits.
Answer:
B.Each one would require someone to give up money and/or benefits.
Answer:
B.Each one would require someone to give up money and/or benefits.
Explanation:
Raising the retirement age would cause people to lose some benefit as they will be getting their money a few years later and they will have to work for more time.
Increasing payroll taxes would make people to have more money deducted from their salaries which means that they would be receiving less money for the same job.
Reducing benefit payments would make people with different types of needs to receive less money and have fewer resources to get the things they require.
According to this, the answer is that the element that the potential solutions all share is that each one require someone to give up money and/or benefits.
Charlotte needs to raise money for a charity benefit she is attending. At lunch, she asks her friend, Samantha, to attend the benefit to keep her company and Samantha gladly accepts. By the end of lunch, Charlotte has told Samantha all about the purpose of the benefit and asks if she'd be willing to make a $100 donation to support the cause. What technique did Charlotte use?
A. Ingratiation
B. Door-in-the-Face
C. Need satisfaction
D. Foot-in-the-door
E. Adaptive Selling
Answer: Foot in the door
Explanation:
A. In Ingratiation one tries to influence the respondent by using flattery or compliments etc.
B. In Door-in-the-Face technique the influencer first make a big request followed by a small one that the respondent will most likely accept.
C. In need satisfaction the influencer first try to understand the needs of the respondent and then make his move as per the observations made.
D. In foot in the door first a small request is made which the respondent will most likely accept and then the crucial request is presented before the respondent.
E. In Adaptive Selling the technique of changing behavior is used as per the changing requirements.
Hence, from the above we can conclude that Charlotte used foot in the door.
Olsen Company paid or collected during 2014 the following items: Insurance premiums paid $ 25,800 Interest collected 62,800 Salaries and wages paid 260,400 The following balances have been excerpted from Olsen's balance sheets: December 31, 2014 December 31, 2013 Prepaid insurance $ 2,400 $ 3,000 Interest receivable 7,400 5,800 Salaries and wages payable 24,600 21,200 Salaries and wages expense on the income statement for 2014 was _______.
Answer:
Salaries and wages expense on the income statement for 2014 was $263,800.
Explanation:
Provided details of salary expense
Outstanding on December 2013 = $21,200
Outstanding on December 2014 = $24,600
Paid in current year = $260,400
Outstanding at previous year end means that it was paid in current year, that is $260,400 - $21,200 = Current year expense paid in current year = $239,200.
Outstanding at current year end means expense of current year no paid, that is current year expense = $239,200 + $24,600 = $263,800.
Salaries and wages expense on the income statement for 2014 was $263,800.
Answer:
Salaries and wages expenses on the income statement for 2014 was $263,800.
Explanation:
given information to us here is that -
TOTAL SALARIES AND WAGES COLLECTED = $260,400
SALARIES AND WAGES PAYABLE FOR YEAR 2014 = $24,600
SALARIES AND WAGES PAYABLE FOR YEAR 2013 = $21,200
FOR CALCULATING THE SALARIES AND WAGES EXPENSES FOR 2014 =
TOTAL SALARIES AND WAGES COLLECTED
+
SALARIES AND WAGES PAYABLE FOR YEAR 2014
-
SALARIES AND WAGES PAYABLE FOR YEAR 2013
= $260,400 + $24,600 - $21,200
= $263,800
Randy Jones, regional director for CVS Minute Clinic, recently brought together a team made up of individuals with varying specialties, expertise, and skills, to resolve an issue—in this case, to develop solutions for low customer satisfaction scores at area locations. What kind of team did he form?
Answer:
Problem solving team.
Explanation:
You're welcome
Randy Jones formed a problem-resolution team to address the issue of low customer satisfaction scores in CVS Minute Clinic area locations. This team type is made of individuals with diverse skills and expertise specifically formed to solve a certain problem.
Explanation:Randy Jones, as a regional director for CVS Minute Clinic, formed a problem-resolution team. This type of team is specifically designed to address a particular problem or issue within an organization. Members of a problem-resolution team typically come from various areas of the organization and provide diverse expertise and skills that are useful in troubleshooting and resolving the issue at hand. In this case, Jones' team is trying to address the issue of low customer satisfaction scores at area locations.
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The Surgeon General announces that eating apples promotes healthy teeth. As a result, the equilibrium price of apples A. increases, and producer surplus increases. B. decreases, and producer surplus decreases. C. increases, and producer surplus decreases. D. decreases, and producer surplus increases.
Answer:
The correct answer is option A.
Explanation:
When the surgeon general announces that eating apples is good for teeth, it would increase the demand for apples. The demand curve will shift rightwards. This will further lead to increase in price level. The producer surplus will also increase.
This is shown in the graph below:
When there is an increase in the demand, the demand curve moves to D' leading to an increase in the price level. It is further accompanied by an increase in the producer surplus.
Final answer:
Price increase decreases producer surplus; Consumer surplus increases as price decreases.
Explanation:
The effect of a price increase on producer surplus is a decrease. When the Surgeon General announces that eating apples promotes healthy teeth, resulting in an increase in equilibrium price of apples, producer surplus decreases.
Consumer surplus will increase as the price gets lower. An increase in price reduces consumer surplus, while a decrease increases it. The sum of consumer surplus and producer surplus is greatest at the equilibrium price.
You are thinking of making your home more energy efficient by replacing some of the light bulbs with compact fluorescent bulbs, and insulating part or all of your exterior walls. Each compact fluorescent light bulbs costs $4 and saves you an average of $2 per year in energy costs, and each square foot of wall insulation costs $1 and saves you an average of $.20 per year in energy costs. Your home has 60 light fittings and 1100 sq. ft of uninsulated exterior wall. You can spend no more than $1200 and would like to save as much per year in energy costs as possible. How many compact fluorescent light bulbs and how many square feet of insulation should you purchase? How much will you save in energy costs per year?
Answer:
The optimal solution is 80 bulbs and 1280 square feet insulation.
Your expected energy saving will be 416 dollars.
Explanation:
To maximize annual energy savings within a $1200 budget, purchase 60 CFLs for $240 and 960 sq. ft of insulation for $960, saving a total of $312 per year.
To determine the most cost-effective way to make a home more energy efficient within a budget of $1200, we need to compare the savings provided by compact fluorescent light bulbs (CFLs) and wall insulation. Each CFL costs $4 and saves $2 annually in energy costs, while each square foot of wall insulation costs $1 and saves $0.20 annually.
First, let's calculate the maximum number of CFLs that can be bought with the budget:
Max CFLs = Budget / Cost per CFL = $1200 / $4 = 300 CFLs
Since the home has 60 light fittings, we can only buy 60 CFLs, using $240 of the budget, leaving $960 for insulation. Now, let's calculate how much insulation can be purchased:
Max Insulation (sq. ft) = Remaining Budget / Cost per sq. ft = $960 / $1 = 960 sq. ft
The house has 1100 sq. ft of uninsulated exterior wall, so the full budget can be used.
Total Savings = (Savings per CFL * Number of CFLs) + (Savings per sq. ft * sq. ft of insulation)
Total Savings = ($2 * 60) + ($0.20 * 960)
Total Savings = $120 + $192 = $312 per year
Discussion
Energy efficiency investments can initially seem expensive, but CFLs illustrate how savings add up over time. CFLs use at least 75% less energy than incandescent bulbs and for businesses, the reduced labor costs due to less frequent replacement enhance these savings even further.
Pahn, a nongovernmental not-for-profit organization, received an unconditional pledge of $50,000. The donor stipulated that the pledge must be used in the next fiscal year. Pahn received and spent the $50,000 in the next year. For the current fiscal year, what element of Pahn's statement of financial position will increase as a result of the unconditional pledge?
Answer:
The element of Pahn's statement that will increase as a result of the unconditional pledge will be pledge receivables.
Explanation:
In the question it is given that Pahn (a non governmental not for profit organization ) has received a unconditional pledge $50,000 from a donor , who has given the stipulation that this $50,000 must be spent in the next year, this will lead to increase in the pledge receivables.
Whenever a not for profit organizations receives a pledge , it is recorded as pledge receivables , with given donor restriction ( restriction here are temporary inn nature ).
Bob N. Zing, the Director of Human Resources at CAP Co, Inc., has to write an internal message to announce impending layoffs across the company. Rather than addressing the layoffs directly, Bob decides to refer to them as restructuring operations and eliminating redundancies. In this case, these euphemisms
A) reflect the standards of ethical information.B) convey the "you attitude" for delivering bad news.C) help employees understand the gravity of the situation.D) fail to meet the "you" attitude test and ethical information standards.E) place an emotional burden on the reader.
Answer: In this case, these euphemisms fail to meet the "you" attitude test and ethical information standards.
Explanation: Here rather than addressing the layoffs directly, Bob decides to refer to them as restructuring operations and eliminating redundancies.
∴ This expression in rudimentary terms refer to the where one fail to meet the "you" attitude test and ethical information standards.
The euphemisms used by Bob N. Zing, the HR Director at CAP Co, to describe impending layoffs, such as 'restructuring operations' and 'eliminating redundancies', fail to meet ethical standards and the 'you attitude' for communication. This kind of unclear message can create confusion and may add to the emotional burden of the employees.
Explanation:In this case, Bob N. Zing's decision to use euphemisms like 'restructuring operations' and 'eliminating redundancies' to describe layoffs does not meet the standards of ethical information or the 'you attitude' test. The communication is not direct, clear, or upfront, which can be misleading and confusing for the employees. The 'you attitude' emphasizes the needs and interests of the reader, which in this situation should be providing certainty and clarity. Instead, this message may actually place an emotional burden on the reader by causing worry and fear due to its vagueness and indirectness.
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(03.03 MC) You just saw a billboard that states “85% of doctors use our product!” What technique has the advertising company used to persuade you to get the product?
(A) Bandwagon
(B) Plain folks
(C) Scientific evidence
(D) Testimonials
Answer: the correct answer is C. scientific evidence.
Explanation:
In this particular case, the company uses scientific evidence that smart consumers have to corroborate. Consumers might infer that the product is good and buy it.
Joshua, a manager, instructed his subordinate, Leona, to mobilize their team and prepare a report on how the office could be made more environment-friendly. Leona misunderstood Joshua and explained to her team members that their manager wanted them to minimize the usage of office resources. In this context, why would it have been better for Joshua to communicate to Leona through an e-mail instead of instructing her orally?
Answer:
The email message can be read again for further reference by Leona.
Explanation:
The oral communication tends to he an effective way to give a message, however sometimes it can present difficulties. The oral communication can be misunderstood when there are phonetic expressions or physical expressions that might confuse to the person who receives the message.
The email or written communication is a more formal way to give a message, the person who receives the message can read it multiple times avoiding mistakes, furthermore, when there is a written message the person who wrote it selected the word and refine the information making it clear and easy to read.
Instructing Leona through an e-mail would have provided clear documentation, reduced the risk of miscommunication, and ensured that all team members had access to the same information. Emails are a critical part of business communication, serving as a reliable reference for detailed instructions and expectations.
Joshua's decision to instruct Leona orally led to a misunderstanding, which could have been avoided with written communication such as an e-mail. E-mails serve as a clear record of instructions and can reduce the miscommunication that often occurs with oral instruction. This is particularly important when a task involves complex details or nuances that may be lost or misinterpreted in speech. Additionally, Leona and her team members could refer back to the e-mail to ensure they understood and fulfilled the instructions correctly. An e-mail would also allow Joshua to outline specific expectations or strategies for making the office more environment-friendly, which is different from simply minimizing resource usage.
Written communication ensures that there is clear documentation that can be referenced later, minimizes the potential for misunderstanding, and can be shared easily among team members to ensure everyone has the same information. This is consistent with business best practices, which recommend establishing a clear structure within project teams and require clear and unambiguous communication to prevent management nightmares and misinterpretations.
Zimmerman Auto sells new and used cars. Among its assets are the following: (1) the showroom building, a separate building used to service customer cars, and various parking lots, (2) a nearby acre of land not currently used by the auto dealership, (3) new and used cars and trucks for sale to customers, and (4) a car that is used to provide rides to customers who prefer to wait at home while their cars are serviced. The assets that are classified as plant assets on the company's balance sheet include _____.
Answer: The assets that are classified as plant assets on the company's balance sheet include :
(1) the showroom building, a separate building used to service customer cars, and various parking lots.
Plant asset is known as the long-term fixed asset that is used to bring forth or sell commodities and services for the institution. These assets are tangible and are expected to produce economic benefits for the organization.
Suppose that a firm has only one variable input, labor, and firm output is zero when labor is zero. When the firm hires 6 workers it produces 90 units of output. Fixed cost of production are $6 and the variable cost per unit of labor is $10. The marginal product of the seventh unit of labor is 4. Given this information, what is the total cost of production when the firm hires 7 workers?
The total cost of production when the firm hires 7 workers is $106.
Explanation:The total cost of production when the firm hires 7 workers can be calculated by adding the fixed costs and the variable costs. In this case, the fixed costs are $6 and the variable cost per unit of labor is $10. The marginal product of the seventh unit of labor is 4, meaning that the firm produces an additional 4 units of output when it hires the seventh worker.
To calculate the total cost of production when the firm hires 7 workers, we need to consider the total cost of production when it hires 6 workers and add the additional cost of hiring the seventh worker. When the firm hires 6 workers, it produces 90 units of output. So the total cost of production when it hires 6 workers is $6 (fixed costs) + $10 (variable cost per unit of labor) * 6 (number of workers) = $66.
The additional cost of hiring the seventh worker can be calculated by multiplying the variable cost per unit of labor by the marginal product of the seventh worker. So the additional cost of hiring the seventh worker is $10 (variable cost per unit of labor) * 4 (marginal product of the seventh worker) = $40.
Therefore, the total cost of production when the firm hires 7 workers is $66 (total cost of production when it hires 6 workers) + $40 (additional cost of hiring the seventh worker) = $106.
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To calculate the total cost of production when the firm hires 7 workers, we need to determine the variable cost for the seventh unit of labor. Given that the marginal product of the seventh unit of labor is 4, and the variable cost per unit of labor is $10, the total cost of production when the firm hires 7 workers is $286.
Explanation:To calculate the total cost of production when the firm hires 7 workers, we need to determine the variable cost for the seventh unit of labor. Given that the marginal product of the seventh unit of labor is 4, and the variable cost per unit of labor is $10, we can calculate the variable cost for the seventh unit as follows:
Variable Cost for 7th unit = Marginal Product of 7th unit * Variable Cost per unit of labor
Variable Cost for 7th unit = 4 * $10 = $40
The total cost of production when the firm hires 7 workers is the sum of the fixed cost and the variable cost:
Total Cost of Production = Fixed Cost + Variable Cost
Total Cost of Production = $6 + ($40 * 7) = $6 + $280 = $286
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The Operations Section Chief: A. Sets up and maintains all incident facilities and food services. B. Coordinates communication between all responding agencies. C. Develops and implements strategies and tactics to achieve the incident objectives. D. Prepares and implements the Incident Communication Plan.
Answer:
Develops and implements strategies and tactics to achieve the incident objectives ( C )
Explanation:
An operation section chief is the head of the operations department in a company and his primary goals is to develop and implement strategies and tactics to achieve the incident objectives of the company. because the operations department is all about organizing and direction of action plans towards an incident.
coordination of communication between all responding agencies is not the duty of the operations section of the organization. the operations sets up/supervises incident facilities but not food services. this is done by the welfare section which duty is to cater for staffs well being in the company.
The Operations Section Chief is responsible for incident facilities, food services, and coordinating communication between responding agencies.
Explanation:The Operations Section Chief is responsible for setting up and maintaining all incident facilities and food services. This includes establishing Command Centers and base camps and ensuring that there are adequate food resources for responders.
Coordination of communication between all responding agencies is the responsibility of the Communications Unit Leader, who reports to the Operations Section Chief.
The development and implementation of strategies and tactics to achieve the incident objectives falls under the responsibility of the Planning Section Chief.
Preparing and implementing the Incident Communication Plan is the responsibility of the Communication Unit Leader, who also reports to the Operations Section Chief.
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Nadya and Owen work at Purified Water Company. Nadya is a sales representative who works with Purified’s customers, including restaurants, grocery stores, and other businesses, as well as individual consumers. Purified closely supervises all of its sales reps, and dictates their schedules. Owen is an engineer who works in Purified’s water treatment, but does not deal with third parties.With respect to third parties, Nadya is Purified’s a. employee, agent, and independent contractor. b. employee and agent. c. employee but not agent. d. independent contractor.
Answer:
B. employee and agent
Explanation:
Nadya is an employee of Purified Water Company because according to the situation, the company supervises her as a sales representative, also because she has a pre established schedule given my the company. These are specific aspects that make the difference between an independent contractor and an employee.
In the same way, an agent is a person who represents a company or a business with clients, other companies or other third parties. in Nadya's case, she is a sales agent, she represents Purified Water Company with Restaurants, grocery stores, and other businesses, as well as individual consumers.
Suppose that efficiency wages become more common in the economy. Imposing efficiency wages a. increases the quantity demanded and decreases the quantity supplied of labor. b. decreases the quantity demanded and increases the quantity supplied of labor. c. increases the quantity demanded and decreases the quantity supplied of labor. d. decreases the quantity demanded and increases the quantity supplied of labor.
Answer:
b. decreases the quantity demanded and increases the quantity supplied of labor.
Explanation:
The efficiency wage theory suggests that some firms tend to make improvements in their processes when they pay their workers above the market wage. This is because these workers are more satisfied, less stressed and tend to devote less. In addition, the turnover trend between jobs also decreases. Thus, the firm increases its productivity, decreasing the required labor demand. Regarding the supply of labor, naturally there will be greater supply as wages are higher.
This scenario aligns with option b. decreases the quantity demanded and increases the quantity supplied of labor. Employers demand less labor because the higher wage increases the cost of hiring workers. Conversely, the higher wages attract more individuals to the labor market, willing to offer their labor, thus increasing the supply.
When efficiency wages become more common in the economy, they create a situation where wages are above the market-clearing level. An efficiency wage is an elevated wage that firms voluntarily pay to motivate better performance and reduce turnover. Since these wages are higher than the current market wage, they lead to an increase in the quantity of labor supplied as more individuals are willing to work for higher wages (income effect). On the other hand, the quantity of labor demanded by firms decreases because it costs more to hire each worker (substitution effect).
The ______ perspective views cultural systems by examining various components (natural environment, history, economics, etc.). A. human B. emic C. etic D. holistic E. linguistic
Answer:
Holistic perspective
Explanation:
As a general definition, the term holistic refers to the concept of the total variables in different ways that involve a situation. As a result the holistic perspective about a cultural system evaluates all the exisiting variables that affect the culture, involving, human, linguistic, social, economical, historical and all possible factors affecting an specific culture
Final answer:
The holistic perspective (D) is used by anthropologists to view cultural systems by examining its various components and how they interact within the socioecological system. It seeks to understand the interconnected nature of cultural elements rather than isolating any single part. It differs from etic perspectives, which are from an outsider's view and aim to avoid cultural biases. The correct answer is option (D).
Explanation:
The correct answer to the student's question is D. holistic. The holistic perspective is one that anthropologists use to study cultures by examining various components, including the natural environment, history, economics, and more. This approach considers the numerous connections between cultural institutions such as religious beliefs, kinship systems, economies, gender ideology, political life, cultural understandings of health, among others. The goal is not to isolate a single aspect of culture but to understand the interconnections and interactions between various elements that make up the socioecological system.
Etic perspectives, by contrast, offer an outsider's view of a culture, attempting to explain behaviors in ways that are meaningful to the observer and free of cultural biases. They are informed by scientific methods and can be helpful in studying cultures without altering them through direct interaction. Nevertheless, these provide a different type of value compared to the rich, detailed insights often derived from emic perspectives, which are based on the intrinsic cultural distinctions meaningful to the members of the society being studied.
Opportunity cost __. A) is always the value of the next best forgone opportunity B) can only be measured as a paid cost C) does not exist since there are no receipts D) is always the lowest valued alternative
Answer:
A) is always the value of the next best forgone opportunity
Explanation:
Opportunity cost is always the value of the next best forgone opportunity.