Answer:
The correct answer is an expansionary monetary policy would DECREASE interest rates and thus REDUCE the extent of crowding out.
Explanation:
Expansive monetary policy is a type of monetary policy that is mainly characterized by trying to stimulate the size of a country's money supply. Those responsible for its control are generally a central bank or other similar economic power.
When individuals prefer to save money instead of spending it or investing it, aggregate demand is very weak, which can lead to recessions. Through the performance in financial markets with expansive monetary measures, we seek to move towards economic growth and job creation by companies in a country. This makes the use of expansionary monetary policies frequent in situations of economic crisis or recession. Through various stimuli, on the one hand, it is about stimulating the production of goods and services and, therefore, the level of income of its citizens. On the other hand, it is about influencing the markets so that banks grant greater credit to families and businesses.
Kevin Chitry, a sales executive for CIT Manufacturing, frequently took clients out for dinner and shows when they came to town to tour the plant. He usually paid for these expenses himself and submitted the receipts to his supervisor for approval and reimbursement. Occasionally, however, he also took his family out to restaurants and rock concerts and included these expenses in his reimbursement requests by indicating that he was entertaining a client. This type of fraud is known as a(n):
Answer: Mischaracterized expense
Explanation:
Here, in this particular case we can state that this kind of fraud is referred to as a Mischaracterized expense. Mischaracterized expense are referred to as the situation under which an employee tends to attempts or try to receive the remuneration or rectification for the personal expense by further categorizing it as an organization expense.
For each of the goods below, identify the characteristics that describe each good. Note that each good will be characterized with two characteristics. Rivalrous is also referred to as rival in consumption. Consider only the immediate benefits and costs, not any externalities.
National Defense Excludable
Pay per view cable TV Nonexcludable
A Hot Pocket sandwich Rivalrous
Private classroom education Npnrivalrous
Pajamas
A unicycle
Goods are characterized as rivalrous or non-rivalrous and excludable or non-excludable. A Hot Pocket sandwich is rivalrous and excludable, national defense is non-rivalrous and non-excludable, and classroom education is typically excludable and can be either rivalrous or non-rivalrous. Pajamas and a unicycle are both rivalrous and excludable.
Explanation:In economics, goods can be classified along two main characteristics: rivalrous (or rival) and excludable.
Rivalrous goods are those that cannot be enjoyed by more than one person at a time without diminishing the supply. For example, a Hot Pocket sandwich is rivalrous because once someone consumes it, it's gone, and no one else can consume that same sandwich.
Excludable goods are those from which it is possible to prevent people from benefiting. For example, Pay per view cable TV is excludable because the provider can restrict access to those who have not paid for the service.
Non-rivalrous goods can be used by one person without preventing simultaneous use by others. National Defense is a classic example of a non-rivalrous good since one person's use does not diminish availability to others.
Non-excludable goods are available to all and cannot effectively exclude anyone from using them. Again, National Defense is non-excludable because it protects all citizens regardless of whether an individual has contributed to its provision.
Private classroom education is typically excludable, as only paying students can attend the classes. However, it can be either rivalrous or non-rivalrous, depending on the context. If the class size is limited and additional students are excluded from enrolling because the class is full, it is rivalrous. But if the class can accommodate more students without affecting the educational experience, it is non-rivalrous. For this example, if the class size is indeed limited, making it so one student's enrollment prevents another from joining, it will be rivalrous and excludable.
Items like pajamas and a unicycle are both rivalrous (since only one person can use them at a time) and excludable (owners can prevent others from using them).
The goods can be classified as follows: 1) National Defense: Non-excludable, Non-rivalrous. 2) Pay-per-view Cable TV: Excludable, Non-rivalrous, 3) Pay-per-view Cable TV: Excludable, Non-rivalrous, 4) A Hot Pocket Sandwich: Excludable, Rivalrous, 5) Private Classroom Education: Excludable, Rivalrous, 6) Pajamas: Excludable, Rivalrous and 7) A Unicycle: Excludable, Rivalrous.
National Defense
Excludable or Non-excludable?: Non-excludable. Everyone in the country is protected by national defense regardless of whether they have directly paid for it.Rivalrous or Non-rivalrous?: Non-rivalrous. One person's protection does not decrease the protection available to others.Pay-per-view Cable TV
Excludable or Non-excludable?: Excludable. You need to pay to access pay-per-view cable TV.Rivalrous or Non-rivalrous?: Non-rivalrous. One person's use of the service does not reduce its availability to others.A Hot Pocket Sandwich
Excludable or Non-excludable?: Excludable. You have to buy a Hot Pocket sandwich to consume it.Rivalrous or Non-rivalrous?: Rivalrous. If one person eats a Hot Pocket, it cannot be consumed by anyone else.Private Classroom Education
Excludable or Non-excludable?: Excludable. You need to pay tuition to attend a private school.Rivalrous or Non-rivalrous?: Rivalrous. Class sizes are limited, so if one person occupies a seat, it means fewer seats are available for others.Pajamas
Excludable or Non-excludable?: Excludable. You need to purchase pajamas to wear them.Rivalrous or Non-rivalrous?: Rivalrous. Only one person can wear a pair of pajamas at a time.A Unicycle
Excludable or Non-excludable?: Excludable. You must buy a unicycle to use it.Rivalrous or Non-rivalrous?: Rivalrous. Only one person can ride a unicycle at a time.Complete question-
For each of the following goods, identify whether they are excludable or nonexcludable and whether they are rivalrous or nonrivalrous: National Defense, Pay-per-view cable TV, A Hot Pocket sandwich, Private classroom education, Pajamas, and a unicycle.
When setting prices, the price floor is usually defined by ______ of producing and marketing the product.A. The total costsB. The total fixed costsC. The average variable costsD. The average total costsE. None of the above.
Answer: Option E - None of the above
Explanation:
Price floor is a situation whereby, the price to be charged falls above or below the market's force equilibrium price of supply and demand. This can be government or group imposed price, price floor has to be above the equilibrium price for it to be effective.
If the market for corporate control were efficient as a governance device, then only __________ would be targets for takeovers. a. firms with unethical top executives b. poorly performing firms c. overvalued firms d. firms earning above-average returns
Answer: Option B
Explanation: In simple words, corporate governance refers to the set of rules and guidelines which are used for operating and managing an organisation. These rules are implemented so that all the actions of the organisation will be ethical and lawful so that no potential threats like lawsuit etc will occur in the future.
Thus, if the corporate control is as efficient as a governance device than any breach of rule will be easily detected ans strict actions would be taken against it. And chances of doing a breach is high for an organisation in which the top executives are unethical.
Hence the correct option is B .
Bank A has a higher ROA than Bank B. Both banks have similar interest income to asset ratios and noninterest income to asset ratios. We know that
I. Bank A has a higher profit margin than Bank B.
II. Bank A has a higher AU ratio than Bank B.
III. Bank A must have a higher PLL/OI ratio.
A) I only
B) II only
C) I and II only
Answer:
A) I only
Explanation:
We can conclude that bank A will be more profitable than bank B since ROA is a measurement of profitability, and if the banks are operating in a similar manner (both interest income to asset ratios and noninterest income to asset ratios are similar), then the bank with the highest ROA is the most profitable one.
Daniel and Annie signed a contract providing that Daniel would lend $50,000 to Annie's craft beer business at an interest rate of 8 percent. During negotiations, Daniel and Annie agreed that the interest rate would go down to 5 percent once she had sold 25,000 cases. This provision never made it into the contract. After the contract had been signed, Daniel agreed to reduce the interest rate to 6 percent once volume exceeded 25,000 cases. The contract had an integration provision but no modification clause. What is an integration clause?
Answer:
Explanation:
An integration clause is a form of restriction in a contract which establishes that only the terms and conditions of the agreement written down in the contract will be taken into account, leaving other factors or treatments previously agreed upon prior to the signing of the agreement invalid. In this case, the verbal agreement to lower the interest rate to 5%, as it is not written in the contract, is not valid. For this reason, Annie would be forced to accept the 6% that Daniel finally offers her.
Swifty, Inc. buys 1,400 computer game CDs from a distributor who is discontinuing those games. The purchase price for the lot is $7,000. Swifty will group the CDs into three price categories for resale, as indicated below. Group No. of CDs Price per CD 1. 300 $5 2. 800 10 3. 300 15Determine the cost per CD for each group using the relative sales value method (round to 2 decimal places)
Group 1 _________
Group 2 _________
Group 3 __________
Answer:
Group 1 CD cost per unit = $2.50
Group 2 CD cost per unit = $5.00
Group 3 CD cost per unit = $7.50
Explanation:
Group 1 : 300 CDs x $5 per CD = $1,500
Group 2 : 800 CDs x $10 per CD = $8,000
Group 3 : 300 CDs x $15 per CD = $4,500
total sales price = $1,500 + $8,000 + $4,500 = $14,000
total cost of 1,400 CDs = $7,000
cost per CD relative to sales value = $7,000 / $14,000 = 0.5
Group 1 CD cost per unit = $5 x 0.5 = $2.50
Group 2 CD cost per unit = $10 x 0.5 = $5.00
Group 3 CD cost per unit = $15 x 0.5 = $7.50
The fixed cost of Brendon Willows, a baseball bat manufacturing company, is $500,000 per year. The cost of wood and labor to manufacture one bat is $5. If the customers pay $25 to buy one bat, how many bats does Brendon Willows need to sell to break even?A. 20,000B. 25,000C. 100,000D. 150,000
Answer:
option (B) 25,000
Explanation:
Data provided in the question:
Fixed cost = $500,000 per year
Cost of wood and labor to manufacture one bat = $5
Selling price of the bat = $25
Now,
At breakeven, total cost equals to the total revenue
let the breakeven quantity be 'x'
thus,
$500,000 + $5x = $25x
or
$25x - $5x = $500,000
or
$20x = $500,000
or
x = 25,000
Hence,
the correct answer is option (B) 25,000
Last summer, to earn money for their college tuition, George and Tom operated a food kiosk at Clearwater Beach, Florida for 3 months. They sold soft drinks, chips, crackers, and candy bars. A month before they were planning to open, Larry found a location that rented for $500 a month and a small refrigerator unit which they rented for $60 per month. Alan found distributors for the food products as well as for the paper products that they would need. Alan also purchased a business license for $80 and bought 3-month's worth of liability insurance for $100. The cups, straws, napkins, and extra sales people needed to staff the stand are all examples of:Marginal costs.Break even points.Variable costs.Fixed costsAverage costs.
Answer: Fixed Costs
Explanation: Fixed Costs are cost incurred by an organisation during the cause of business.
They are fixed in nature which means they are incurred in as much as the business is operational. They are costs that must be incurred on the business and they include salaries and wages, cost of consumables, rent, rate etc.
Fixed costs are constant when calculating the profit or loss of a business.
Chevron placed several ads for its "We Agree" campaign placed ads stating its support for renewable energy, protecting the planet, and community development. This is an example of Multiple Choice competitive institutional advertisements. pioneering institutional advertisements. competitive product advertisements. advocacy advertisements. publicity announcements.
Answer:
The correct answer is Advocacy advertisements.
Explanation:
In general terms, for a potential customer or buyer (person, company, organization, government) to acquire or buy a product that he needs or desires (be it a good, service, idea, place, person or combinations of these), he needs before: 1) know of its existence, 2) feel persuaded to buy that product and 3) remember that it exists.
Therefore, if we want to get potential customers to buy an X product (which obviously has to be of good quality, meet needs or desires, have a price that customers are willing to pay and be available at the right time and place), It is essential to carry out a series of activities that adequately communicate to those potential customers the existence of that product, persuade them to buy it and then remind them that it exists. And all this is part of a marketing tool: THE PROMOTION.
Dia is a computer engineer in a small company. She notices that the company does not have its own website and realizes that the company needs one. In this example, Lydia is in the stage of the creative process. Maurice has decided the theme for his university's photography contest. He concentrates and comes up with several ideas for its implementation without finalizing or evaluating them. In this scenario, Maurice is in the stage of the creative process. Lucy, a doctoral fellow, does not appear to be working on the preliminary research presentation to be delivered next week. However, she has collected all the required data and her subconscious mind is engaged. This example shows an individual in the stage of the creative process:__________
Answer:
The answer is incubation process of creativity
Explanation:
This example shows an individual in the stage of the creative process called incubation. Because it is related to her intuition and insights about what she knows and intents to her presentation.
Carol wants to invest money in a 6% CD account that compounds semiannually. Carol would like the account to have a balance of $130,000 7-years from now. How much must Carol deposit to accomplish her goal?
Carol must deposit approximately $86,040.31 today into a 6% CD account compounded semiannually to have $130,000 in 7 years. The calculation involves rearranging the compound interest formula to solve for the present value, then substituting the given values to find the required initial deposit.
Finding the Present Value for a Compound Interest Account
To find out how much Carol needs to deposit today to reach her goal of $130,000 in 7 years with an interest rate of 6% compounded semiannually, we need to use the formula for the present value of a future amount in compound interest, which is:
A = P(1 + r/n)(nt)
Where:
A is the future value of the investment/loan, including interest.
P is the principal investment amount (the initial deposit or loan amount).
r is the annual interest rate (decimal).
n is the number of times that interest is compounded per year.
t is the time the money is invested or borrowed for, in years
In Carol's case, we have:
A = $130,000
r = 6% or 0.06 (as a decimal)
n = 2 (since the interest is compounded semiannually)
t = 7 year
Now, we can rearrange the formula to solve for P (the present value):
P = A / (1 + r/n)(nt)
Substituting the values we get:
P = $130,000 / (1 + 0.06/2)²ˣ⁷
P = $130,000 / (1 + 0.03)¹⁴
P = $130,000 / (1.03)¹⁴
P = $130,000 / 1.5103844462
P ≈ $86,040.31
Carol must deposit approximately $86,040.31 today to have a balance of $130,000 in a 6% CD account compounded semiannually after 7 years.
When you take out a mortgage your home becomes the collateral. True or Fals
Answer:
The statement is true.
Explanation:
Mortgage is the long term loan which is issued by the financial institution like banks. These are those loans which are obtained or acquired for a large amount of finance required.
For example, an entrepreneur need a 50 million for the business expansion. Therefore, in this case, usually a house is worth the amount so it is offered as collateral security.
And if entrepreneur fails to make the payment to the lender that is bank, in that case, the bank has an option of claiming the ownership of the property. This result in seizing the mortgage collateral.
In 2018, Gathering Company repurchased its own stock at a cost of $ 48,000. During the year, the company purchased land with cash for $ 124,000 and issued bonds payable for $ 375,000. Net cash provided by financing activities for the year would have been _________.
Answer:
$327,000
Explanation:
Stocks owned by the Gathering Company after repurchasing = $48,000
Cash paid for the purchase of land = $124,000
Amount of issued bonds payable = $375,000
Now,
Net cash provided by financing activities for the year would have been
= Amount of issued bonds payable - Stocks owned by the Gathering Company
= $375,000 - $48,000
= $327,000
Day care for children is a competitive industry in long-run equilibrium at a price of $60 per day. In an effort to make day care more affordable for a larger number of families, the government passes a law that limits the amount day care providers can charge to $45 per day. As a result of this price ceiling, A. parents have a more difficult time finding day care providers for their children. B. the demand for day care increases and causes price to rise above the original $60 per day. C. the demand for day care increases and many new day care centers are established. D. the supply of day care services falls and causes price to fall below $45 per day.
Answer:
A. parents have a more difficult time finding day care providers for their children.
Explanation:
A price ceiling is usually set by the government or an agency of the government and it usually places a maximum amount on the prices that can be charged for a good or service.
When a price ceiling is set below equilibrium price, it usually discourages producers or suppliers who respond by reducing the quantity supplied.
Therefore, if a price ceiling is placed on day care, a lot of day care centres would close which would make it difficult for parents to find centres for their kids. Since a price ceiling is binding, prices would not increase.
I hope my answer helps you.
All the best
Setting a price ceiling of $45 on day care services below the equilibrium price of $60 creates a shortage, making option A the most likely outcome where parents struggle to find available providers.
When the government sets a price ceiling on day care services at $45 per day, which is below the long-run equilibrium price of $60 per day, this results in a shortage of day care services. Supply and demand analysis suggests that at this lower price, more parents will want day care services (since it is now more affordable), but fewer day care providers will be willing to offer their services at the lower price. This mismatch between higher demand and lower supply leads to a shortage.
Considering the options provided, the most likely and immediate outcome of instituting a price ceiling would be: A. parents have a more difficult time finding day care providers for their children. This is because the quantity of day care services demanded by parents will exceed the quantity supplied by providers at the price ceiling of $45, making it more challenging for parents to find available spots for their children.
At the end of 2020, Oriole Co. has accounts receivable of $775,800 and an allowance for doubtful accounts of $71,100. On January 24, 2021, the company learns that its receivable from Megan Gray is not collectible, and management authorizes a write-off of $7,200. On March 4, 2021, Oriole Co. receives payment of $7,200 in full from Megan Gray. Prepare the journal entries to record this transaction.
Answer:
January 24, 2021 (write off)
Dr Allowance for Doubtful Accounts account 7,200
Cr Accounts Receivable account 7,200
March 4, 2021 (write off reversing)
Dr Accounts Receivable account 7.200
Cr Allowance for Doubtful Accounts account 7,200
March 4, 2021 (record collection)
Dr Cash account 7,200
Cr Accounts Receivable account 7,200
Final answer:
On January 24, 2021, Oriole Co. would write off Megan Gray's uncollectible account by debiting Allowance for Doubtful Accounts and crediting Accounts Receivable for $7,200. Upon receiving the payment on March 4, 2021, the company would reverse the write-off and then record the cash receipt.
Explanation:
When Oriole Co. writes off Megan Gray's uncollectible account, the journal entry on January 24, 2021, will involve debiting the Allowance for Doubtful Accounts and crediting Accounts Receivable. This action does not affect the total assets, as it is merely an adjustment within assets.
The journal entry on January 24, 2021 would be:
Debit Allowance for Doubtful Accounts $7,200
Credit Accounts Receivable $7,200
Upon receiving the unexpected payment from Megan Gray on March 4, 2021, Oriole Co. would reverse the previous write-off and then recognize the cash receipt. The journal entries would be:
Debit Accounts Receivable $7,200
Credit Allowance for Doubable Accounts $7,200
Followed by:
Debit Cash $7,200
Credit Accounts Receivable $7,200
This sequence makes sure the receivable is reinstated before the cash is recognized, allowing the books to reflect the actual transaction flow.
True or False: If Hubert's Fire Engines were a competitive firm instead and $100,000 were the market price for an engine, decreasing its price from $100,000 to $80,000 would result in the same change in the production quantity and, thus, total revenue.
Answer:
False
Explanation:
In a perfectly competitive market the sales revenue is based on pricing also. As the pricing policy also plays an important role in the marketing technique to attract customers.
As the quality served is generally the same in the market, there is no issue in that but when the price is reduced expected sales will increase and accordingly the expected revenue also increases.
As the sales is expected to increase the revenue will also increase accordingly, even though the price is reduced, due to increase in sales quantity the expected change shall not be same as that of the change in price.
Thus, the statement is False.
According to the sticky-price model, other things being equal, the greater the proportion s of firms that follow the sticky-price rule, the ______ the ______ in output in response to an unexpected price increase.
a. greater; decrease.
b. smaller; increase.
c. greater; increase.
d. smaller; decrease.
Answer:
The correct answer is c. greater; increase.
Explanation:
The models follow one another by altering the assumptions about the flexible or rigid nature of the prices determined in the different markets.
• Flexible price: the price varies, increasing when there is excess demand and decreasing when there is excess supply.
• Rigid price: it does not follow the logic of the mentioned variation because it responds to other factors or because although it varies according to the logic described above, it does not do so sufficiently for the market to balance instantly. (IMP .: do not confuse rigid price with constant price).
An example of business-to-business sales is selling ________.
a) grocery items to grocery stores
b) automobile insurance to a pet shop owner
c) life insurance to a new parent
d) evening gowns to Oscar award nominees
e) a washing machine to a theatre company
Answer:
a) grocery items to grocery stores
Explanation:
Business -to -business (B2B) sales occur between different companies unlike Business to Consumer (B2C) sales that are between a company and a individual customers. To answer this question, you identify an option that shows that a wholesaler sells goods to a retailer who then sells to a customer which is supply of grocery items to grocery stores.
'Automobile insurance to a pet shop owner' and 'evening gowns to Oscar award nominees' are B2C. And 'a washing machine to a theatre company' is irrelevant
Business-to-business (B2B) sales typically involves sales between two businesses, so selling grocery items to grocery stores represents the most common example of such transactions.
Explanation:
An example of business-to-business sales is selling grocery items to grocery stores. This is because business-to-business (B2B) involves transactions between two businesses, instead of direct sales to consumers. For instance, a producer or wholesaler would sell grocery items to grocery stores, who in turn sell these items to individual consumers. Other examples listed, including selling automobile insurance to a pet shop owner or a washing machine to a theatre company might also be considered B2B sales, but they do not represent the more typical examples of wholesale trade involved in selling tangible goods to businesses.
Learn more about Business-to-business sales here:https://brainly.com/question/39417789
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The § 222 deduction for tuition and related expenses is available: a.Regardless of the amount of a taxpayer's MAGI. b.To cover room and board expenses to attend college. c.Even if a taxpayer does claim the standard deduction. d.To a married taxpayer filing a separate return. e.None of these
Answer:
e.None of these
Explanation:
The 222 deduction for tuition and related expenses is not available in above given options.
A flight route is served by American Airlines (AA) and Southwest Airlines (SW). Suppose American is the industry leader American will decide whether to raise airfares, and then Southwest will decide whether to match the price increase. What is the Nash equilibrium of the game?
a) The game does not have a Nash equilibrium.
b) American will leave fares unchanged and Southwest will leave fares unchanged
c) American will leave fares unchanged and Southwest will raise fares
d) American will raise fares and then Southwest will leave fares unchanged
e) American will raise fares and then Southwest will raise fares.
Answer:
The correct answer is b) American will leave fares unchanged and Southwest will leave fares unchanged.
Explanation:
The Nash Balance is a situation where individuals or players have no incentive to change their strategy taking into account the strategy of their opponents.
In the Nash equilibrium, the strategy chosen by each participant of a conflict or game is optimal, given the strategy chosen by the others. In other words, nobody will gain anything if they decide to change their strategy under the assumption that the other individuals do not change theirs.
It should be noted that under the Nash equilibrium the greatest gain is not necessarily obtained for all individuals or players as a whole. It is only true that each responds optimally to the strategy of others. In many cases, individuals would like to be able to reach another balance with higher profits but fail to do so because they face the risk of being betrayed.
Which is probably the most immediate and significant effect of database technology on accounting?
a. change in the nature of financial reporting
b. elimination of traditional records such as journals and ledgers
c. replacement of the double entry-system
d. quicker access to and greater use of accounting information in decision-making
Answer: quicker access to and greater use of accounting information in decision-making
Explanation: Database technology is used in accounting to easily carry out accounting calculations for income, expenses, and tax and also database technology helps to keep financial records of an organization overtime all done on a computer or the mobile application.
Database technology helps organization to easily access financial data stored on their database, which would have taken longer time using previous database storage methods.
ABC’s investment managers buy an assortment of stocks and bonds or other investments and then repackage them into different products investors may wish to purchase. The company then sells shares of their ________ to interested investors.
Answer:
mutual funds
Explanation:
Mutual funds are made up of a pool of money from different investors and that money is used to buy securities, stocks, bonds, etc. The mutual fund manager decides on what the mutual fund will invest. The mutual fund's portfolio has to be structured to match the investment objectives of the fund. Mutual funds are usually considered safe investments since a large portion of their funds comes from employer sponsored retirement plans.
Janet and Julie work at ABC Interiors. Janet is a designer who works with clients of ABC on interior design projects. ABC closely supervises all of its designers, and dictates their work schedules. Julie works part-time in the evenings cleaning the offices.Refer to Fact Pattern 31-1. Janet is ABC’sa. employee, agent, and independent contractor.b. employee and agent.c. employee but not agent.d. independent contractor.
Answer:
c. employee but not agent
Explanation:
Agent(legal definition): a person whom act in the name of another yo enter contracts with third parties. Once perform, it is the principal (the party the agent represents) who assumes contracts obligation and benefits.
While an employee has a contract with an employer to provide his workforce. The law will assume someone employee if cannot be determinate otherwise.
In this case Janet works with clients but it do not signs contract with them. Also it is ABC which determinates their works schedules. An Agent has more liberty to search from potential client or from the list of client to negociate on his own and later offer a proposal to the principal.
This is not the case. As it cannot be proveen agent we assume is an employee of ABC
Soles is a footwear company which has recently set up its store in Ambrosia. To manufacture its products, Soles incurs a range of different costs. Which of the following would be an example of an indirect cost?
a. Salary paid to factory workers
b. Cost of leather used to manufacture shoes
c. Electricity used to run its factories
d. Cost of machines to produce shoes
Answer:
c. Electricity used to run its factories
Explanation:
Indirect costs are expenses that cannot be assigned to a particular project or item exclusively. They are associated with various activities in an organization or a project. Indirect costs will mostly comprise overheads or fixed costs. Unlike direct cost that can be attached to a specific item, indirect costs are the general expenses.
The cost of electricity used to run factories cannot be associated with the store in Ambrosia solely. It may include costs from other centers or factories. The other option which consists of the cost of machines, cost of leather and salary for factory workers are directly related to shoe production.
Sheffield Corp. prepared a 2019 budget for 105000 units of product. Actual production in 2019 was 115000 units. To be most useful, what amounts should a performance report for this company compare? The actual results for 115000 units with a new budget for 115000 units. The actual results for 115000 units with last year’s actual results for 118500 units. It doesn’t matter. All of these choices are equally useful. The actual results for 115000 units with the original budget for 105000 units.
Answer:
The actual results for 115000 units with a new budget for 115000 units.
Explanation:
In order to evaluate Sheffield's performance, you have to evaluate the actual production costs of producing 115,000 units compared to a new production budget for the same 115,000 units.
Budgets are stated in dollars, so if you compare this production level to a smaller production level then you might conclude that there was an unfavorable variance because more money than expected was spent, without considering that the total production had creased. If you compare this actual production to a budget for a larger production you might conclude that you underspent (had a favorable variance) without considering the fewer units produced.
A particular brand of shampoo costs 6 Canadian dollars in Toronto. The nominal exchange rate is about 1.2 and the real exchange rate is .90 . These numbers imply that the U.S. dollar price of the same shampoo is about___________.
a. $7.99
b. $6.49
c. $5.39
d. $4.49
Answer:
The correct answer is D that is $4.49
Explanation:
The US dollar price of the shampoo is computed as:
Price in US = (Price in Canada × Real exchange)/ Nominal exchange rate
where
Real exchange is 0.90
Price in Canada is 6
Nominal exchange rate is 1.2
Putting the values above:
Price in US = (6 × 0.90) / 1.2
= 5.4 / 1.2
= $4.49 or $4.5
A "foreign bond" issue is
a.one denominated in a particular currency but sold to investors in national capital markets other than the country that issued the denominating currency.
b. one offered by a foreign borrower to investors in a national market and denominated in that nation's currency.
c. for example, a German MNC issuing dollar-denominated bonds to U.S. investors.
d. both b and c
Answer:
d. both b and c
A foreign bond is when a foreign entity issues a bond in a local market and in local currency so for example if a Italian company issued a bond to borrow money from American markets, and the bond was issued in USA and it's currency was dollars then it would be classified as a foreign bond so in this case both B and C are correct because a German MNC issuing dollar denominated bonds is an example of a foreign entity issuing a bond in a local market denominated in local currency, and a bond issues by a foreign borrower to investors in national market and denominated in that nation's currency is also an example of a foreign bond
Explanation:
A foreign bond issue refers to a bond offered by a foreign borrower to investors in a national market, denominated in that nation's currency.
Explanation:A 'foreign bond' issue is option d, which means both b and c. It refers to a bond that is offered by a foreign borrower to investors in a national market and is denominated in that nation's currency. This could include, for example, a German multinational corporation issuing dollar-denominated bonds to U.S. investors.
Which of the following is a step in the control process? _______
A) implement TQM
B) compare work units to one another
C) establish standards
D) complete a job redesign
E) evaluate opportunities
Answer:
The correct answer is (C)
Explanation:
Controlling is one of the most significant elements of the executives. Its fundamental goal is to guarantee that an association's exercises are progressing as arranged. The initial phase in the control procedure is to set up standards against which results can be estimated. It is significant for directors to convey their organisations objectives, measures and targets as plainly as could reasonably be expected
Xeris, Inc. has 1,000 shares of 5%, $100 par value, cumulative preferred stock and 50,000
shares of $1 par value common stock outstanding at December 31, 2010. What is the
annual dividend on the preferred stock?
a. $50 per share
b. $5,000 in total
c. $500 in total
d. $.50 per share
Answer:
b. $5,000 in total
Explanation:
Preference shares which are cumulative in nature, require a fixed dividend, even in case it is not paid in the current year, the amount gets accumulated and then had to be paid in next year.
But in no manner the payment can be declined.
The rate written as a prefix to preference shares provide for the fixed dividend.
In the given case 5%
Total par value of preference shares = $100 [tex]\times[/tex] 1,000 = $100,000
Dividend = 5% of $100,000 = $5,000
Final answer:
The annual dividend on the preferred stock for Xeris, Inc. is $5 per share, resulting in a total annual dividend of b. $5,000 for all 1,000 shares.
Explanation:
The annual dividend on the preferred stock for Xeris, Inc. is calculated by taking the percentage of the dividend rate times the par value of each share. Since Xeris, Inc. has 1,000 shares of 5%, $100 par value cumulative preferred stock, you multiply 5% (or 0.05 as a decimal) by the $100 par value to find the dividend per share.
Then, multiply that dividend per share by the total number of preferred shares to find the total annual dividend. The dividend per share is $5.00 (0.05 x $100), and the total annual dividend for all 1,000 shares would be $5,000 (1,000 x $5.00). Therefore, the correct answer is b. $5,000 in total.