Tim and sally should take a loan for 48 months that is for 4 years. As the number of compounding years has to be in multiples of 12, therefore n will be equal to 48 months which is 4 years.
What is the meaning of tenure in an annuity?An amount that is required to be paid at the end of a positive duration to reach a required sum or to pay a loan is called as an annuity. Tenure of the duration wherein the amount received is paid. we have the overall components to discover any of the missing values.
To calculate the N,
[tex]\rm\,P = PMT\times [1 -\frac{\frac{1}{(1+r)^{n} } }{r}]\\[/tex]
Here, P that is principal: $9,000
PMT that is payment is equal to $250
I is interest that is 9.5%, in this case as the payment will be given monthly, therefore i = 9.5/12 = 0.7916%
n is the number of compounding years that has to be calculated in this case.
[tex]\rm\,9,000 = 250\times [1 -\frac{\frac{1}{(1+0.007917)^{n} } }{0.007917}]\\\\\\(0.992145)^n = 1- 0.285012 = 0.714988\\\\\\n = 43.4[/tex]
Thus, As the number of compounding years has to be in multiples of 12, therefore n will be equal to 48 months which is 4 years.
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Organizations and activities that are close to the end customer in a supply chain are said to be _______, while organizations and activities that are close to the supplier in the supply chain are said to be _______. a. downstream; upstream b. tier 1 suppliers; tier 2 suppliers c. inbound; outbound d. open-ended; closed-ended
Answer:
a. downstream; upstream
Organizations and activities that are close to the end customer in a supply chain are said to be downstream activities, while organizations and activities that are close to the supplier in the supply chain are said to be upstream activities.
Explanation:
Upstream activities are those activities which bring information, raw materials to your organization in order to turn them into finished goods. Anything coming inside of your organization is simply termed as upstream portion of your entire supply chain.
Whereas, anything which is going out of your organization is defied as the downstream activities, which are mostly finished products. It is the mechanism which helps you reaching your goods to the final consumers in an efficient way. Both upstream and downstream activities are very much important for any organization's supply chain. If managed properly, it can proved you with a sustainable competitive advantage which will be very hard for the competitors to meet.
An insured has medical insurance coverage through 2 different providers, both covering the same expenses on an expense-incurred basis. Neither company knows in advance that the insured has coverage through any other insurers. The insured submits a claim to both insurers. How should the claim be handled?
Answer:
Contribution act of settling claims will be used
Explanation:
The contribution which is one of the principles in insurance business means when two insurance company comes together to settle a claim on a subject matter they insured in common, according to the extent of peril covered under each policy.
In this case where the both policy from the two insurance company covers the same extent under the health insurance, they are going to share the claim amount equally (i.e. 50:50)
Say the total benefit to be paid as a result of permanent disability is $50000, in this scenario, Insurance company A will pay $25000 and Company B will also pay $25000. This is because both policies cover the insured with the same benefit and conditions.
Answer: The Contribution method can be used by the 2 insurance companies to settle the claim.
Explanation: Insurance refers to a risk sharing whereby the insured is indemnified by the insurer when there is an eventuality.
According to Medi-claim insurance rules, one cannot make claims with two insurance companies at the same time. Two insurance companies cannot pay for the exact same claim.
However, a claim can be split between the 2 insurance companies depending on certain terms. Moreso, in a situation where the claimed amount is higher than the sum insured under the policy on which the insured has first made the claim, he can claim the balance amount from the second indemnity policy.
Pharoah Company started the year with $74400 in its Common Stock account and a credit balance in Retained Earnings of $54600. During the year, the company earned net income of $59500, and declared and paid $24800 of dividends. In addition, the company sold additional common stock amounting to $34700. As a result, the balance in retained earnings at the end of the year would be
Answer:
$89,300
Explanation:
The computation of the ending retained earning balance is shown below:
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
= $54,600 + $59,500 - $24,800
= $89,300
We simply added the net income and deduct the dividend to the beginning balance of retained earning so that the ending balance of retained earning could come
You would like to use the fixed-time-period inventory model to compute the desired order quantity for a company. You know that vendor lead time is 5 days and the number of days between reviews is 7. Which of the following is the standard deviation of demand over the review and lead time if the standard deviation of daily demand is 8
A. About 27.7
B. About 32.8
C. About 35.8
D. About 39.9
E. About 45.0
Answer: A.) About 27.7
Explanation:
Lead time = 5 days
Number of days between review = 7 days
Standard deviation of daily demand = 8
Standard deviation over review and lead time is given by:
Sqrt [(lead time + number of days between reviews) × standard deviation of daily demand ^2]
Sqrt [(5 + 7) × 8^2]
Sqrt[ 12 × 64]
Sqrt (768)
= 27.7
Standard deviation over review and lead time is about 27.7
Stan paid an insurance company $50,000 for a fixed annuity when he was 50 years old. At age 62, Stan plans to begin to receive payments from the insurer. There are no guarantees on the number of payments he will receive. Based on the description provided, what happens if Stan dies at age 60?
A. Stan's beneficiary will receive nothing from the insurance company.
B. Stan's beneficiary will receive the investment income earned from age 50 to 62, but the insurance company will keep the $50,000 to supplement payments to other annuitants.
C. Stan's beneficiary will receive monthly payments until the $50.000 Stan paid is returned.
D. Stan's beneficiary will receive the $50,000 Stan paid and the insurance company will keep all the investment income earned from age 50 to 62.
Answer:
Option d) Stan's Beneficiary will receive the 50,000 USD that Stan paid and the insurance company will keep all the investment income earned from age 50 to 62.
Explanation:
So, we know that the correct option is D. Let's give you some briefing about fixed annuity.
So what is annuity:
Annuity is a contract or a product through which people get fixed payments once they retire. Those payments are made depending upon the total amount submitted by the individual.
Here, in this case, Stan paid fixed annuity of 50,000 USD when he was 50 years old. And financial companies starts to release the payments to individual after a selecting number of years later in the future for example in this case it is 62 which means 12 years after the deposit. But the individual expires before 62 and it doesn't mean that the family of that person will get nothing out of that massive 50,000 USD.
So, the rule is, Stan's family will get that initial amount invested and the company will get the amount of money earned during the period of 50 to 62 years out of that 50,000 USD invested.
This is only the case in option D. so the correct option is D.
A. If Stan dies at age 60, his beneficiary will receive nothing from the insurance company because the fixed annuity payments were scheduled to start only at age 62.
Based on the description provided, the answer is: A. Stan's beneficiary will receive nothing from the insurance company. This is because a fixed annuity typically only starts payments at a predetermined future date, and if the annuitant dies before that date, the initial investment is typically forfeited, as in Stan's case. Since there are no guarantees on the number of payments he will receive, if he dies before the payments begin, no money is paid out to his beneficiary.
Sean checked the clock and saw that it was 10:00 a.m., which was the time the group had agreed upon to start the meeting. Clearing his throat to get the attention of his coworkers, he jumped right into explaining the project. Sean is taking on which role?
A. task
B. relational
C. individual
D. social
Answer:
A, task
Explanation:
A task can be defined as a of job or activity that needs to be accomplished within a specified period of time. It can also be said to be an activity that is meant to be completed within a time frame that is aimed towards a work-related goal.
A task can also be defined as a bit part of a larger project that is aimed at completing the project.
Completing a task requires coordination of other individuals involved in the task. The coordination brings about a synchronization of time, effort, energy, etc.
In the above question, Sean is taking on the task of starting and conducting the meeting as agreed to by members of the group; at 10a.m.
Cheers.
Answer:
Option A. Task
Explanation:
Sean is actually executing the plan that he has set and this execution of the plan involves performing of tasks that are very important to achieve the purpose of the plan. So suppose if had planned to get up early in the morning to go for jogging to have a better health. So if I don't get up early in the morning and going for jogging which is the task role then I will not achieve the purpose of the plan, which is having good health. So here Sean is performing the tasks (Taking the task role) to achieve the purpose of the plan.
Public Relations is: a) The most persuasive promotional tool b) Easy to measure the effectiveness of c) The media's portrayal of news related to brands and companies d) Any activity designed to create and maintain goodwill toward an organization e) Designed to impact immediate sales
Answer: Public Relations is d) Any activity designed to create and maintain goodwill toward an organization.
Explanation:
The term Public Relation refers to the sharing of business-related information of concerned firms to the public through sources like balance sheet statement release for every financial year. Secondly, through the pubic relation task activities, All the firms publish the facts and figures which linking with sales margin and the list of consumers who have strong liaison with the particular firms.
Public Relations helps firms to earn a good reputation and a good image among the common public by maintaining strong relations with all the firms. The strategy of public relations considered as the vital component to display the useful information of the firms to the public.
Final answer:
Public Relations is an activity designed to create and maintain goodwill toward an organization, and not necessarily for immediate sales or purely informational content like media/journalism. PR includes press releases and conferences and is focused on long-term reputation, not easily measurable in terms of effectiveness.
Explanation:
The definition of Public Relations (PR) is centered around activities that are designed to create and maintain goodwill towards an organization. Unlike journalism, which aims to inform the public in a neutral manner, PR is about positively influencing the public perception of an individual or organization. PR is carried out through various means such as press releases, press conferences, and message targeting through campaigns. However, PR should not be misconstrued as a means for immediate sales; its purpose lies more in shaping long-term reputation and trust.
It is also important to differentiate between PR and media's portrayal. The media may cover PR activities or news related to brands but is traditionally a separate entity that includes professionals such as journalists and reporters. With the advent of social media, the separation can sometimes blur; nevertheless, the objective of journalism remains to provide accurate and credible information to the public, free from the influence of PR's persuasive intentions.
Moreover, the effectiveness of PR is not easy to measure because its impact is often long-term and qualitative rather than immediate and quantitative. While the media relies on advertising revenue and the number of viewers or readers to survive, PR focuses on the strategic communication processes that build mutually beneficial relationships between organizations and their public.
NDP Mp will be equal to:
A. NDPFC + Depreciation
B. NDPFC + Indirect Taxes
C. NDPFC - Subsidies
D. NDPFC + Direct Taxes
Answer:
B) NDPFC + Indirect Taxes
Explanation:
Net domestic product (NDP) is obtained by subtracting depreciation from gross domestic product (GDP), and it can be calculated at market price (NDPmp) or at factor cost (NDPfc):
NDPmp = GDPmp – depreciationNDPfc = GDPmp – depreciation – indirect taxesIf we substitute NDPfc into option B, we will get:
NDPmp = NDPfc + indirect taxes
NDPmp = (GDPmp - depreciation - indirect taxes) + indirect taxes
NDPmp = GDPmp - depreciation
The following are true statements about distributive bargaining except:
a. It is confrontational and focused on the short term.
b. It can resolve disputes.
c. It tends to provide outcomes that satisfy all parties.
d. It often reduces the satisfaction of one or more negotiators.
Answer:
c. It tends to provide outcomes that satisfy all parties.
Explanation:
Base on the scenario been described in the question, distributive bargaining does all of the except that is doest not provide outcomes that satisfy all parties, the type of bargaining that satisfy both parties is integrative bargaining.
Distributive bargaining is an adversarial type of negotiation in which it is believed that if any gain of a competitor is a loss to the other party in the negotiation .
Distributive bargaining is when parties involved in a negotiation split a limited resource. It often leaves one or both parties unsatisfied contrary to statement 'c' which suggests all parties are satisfied.
Explanation:The subject of this question is distributive bargaining, a negotiation method in business where the parties involved split a limited resource, such as money. The statements listed above are mostly accurate with the exception of statement c: 'It tends to provide outcomes that satisfy all parties'. This is typically not the case with distributive bargaining, as it is a zero-sum game, meaning that the gain of one party corresponds to the loss of the other. Therefore, it often leaves one or both parties unsatisfied.
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Scot and Tiffany create an implied-in-fact contract. The parties’ conduct:
a. Demonstrates the existence of the contract and its terms.
b. Is not relevant to confirming the contract’s performance.
c. Is not relevant to the contract’s terms.
d. None of the above
A state or local government has the following funds Special revenue fund Pension (and other employee benefit) Enterprise fund Permanent fund Internal service fund Private purpose trust fund Custodial fund How many governmental funds does this entity have?
Answer:
Sales taxes collected by Harold to be distributed to other governmental units: 500,000 ... A special revenue fund is a governmental fund that accounts for the proceeds of specific revenue sources legally ... A state or local government has the following funds: ... Both proprietary funds (enterprise and internal service) are listed.
Explanation:
The financial statements of governmental funds are prepared on the modified accrual basis of accounting. Under modified accrual accounting, revenues are recognized when they are both measurable and available to finance expenditures of the current period.
Since Al's Auto Parts has had trouble with its windshield wiper manufacturer in the past, it is requesting a guarantee from the company before it will place another order. Which of the service quality dimensions is being addressed in this scenario?a. responsivenessb. ethicsc. tangiblesd. assurancee. Empathy
Answer:
Assurance
Explanation:
Assurance refers to the financial inclusion of compensation for goods and services. Assurance is partly different from insurance, the guarantee is applied partially for an unlimited period. Lack of trust due to past experience is what the company wants. Guarantees or insurance are usually provided to reassure customers. In this scenario it is possible to request a guarantee before the next order is issued.A catalog sales company promises to deliver orders placed on the internet within 3 days. follow-up calls to a few randomly selected customers show that a 90% confidence interval for the proportion of all orders that arrive on time is 88%plus or minus5%. what does this mean? are the conclusions below correct? explain. a right parenthesis between 83% and 93% of all orders arrive on time. b right parenthesis 90% of all random samples of customers will show that 88% of orders arrive on time. c right parenthesis 90% of all random samples of customers will show that 83% to 93% of orders arrive on time. d right parenthesis the company is 90% sure that between 83% and 93% of the orders placed by the customers in this sample arrived on time. e right parenthesis on 90% of the days, between 83% and 93% of the orders will arrive on time.
Answer:
The correct option is;
d. The company is 90% sure that between 83% and 93% of the orders placed by the customers in this sample arrived on time
Explanation:
The result of the follow up show that at a 90% confidence level, the proportion of the deliveries that arrived on time is between 93% and 83%.That is the highest proportion the company is confident arrived on time is 93% while the lowest proportion the company is 90% confident arrived on time is 83%.
Therefore, option d. (the company is 90% sure that between 83% and 93% of the orders placed by the customers in this sample arrived on time.
Confidence intervals help estimate population parameters. In this case, a 90% confidence interval for on-time deliveries implies 83% to 93% of orders arrive on time.
Confidence intervals help estimate the true value of a population parameter. In this context, a 90% confidence interval of 88% plus or minus 5% for on-time deliveries implies that we are 90% confident the true proportion of on-time orders is within the range of 83% to 93%.
The correct conclusion is:
Between 83% and 93% of all orders arrive on time.Therefore, the valid statement from the options provided is c which states that 90% of all random samples of customers will show that 83% to 93% of orders arrive on time.
Pretax financial statement income for the year ended December 31, 2018, was $25 million for Scott Pen Company. Scott’s taxable income was $30 million. This was a result of differences between depreciation for financial reporting purposes and tax purposes. The enacted tax rate is 30% for 2018 and 40% thereafter. What amount should Scott report as the current portion of income tax expense for 2018?
a. $7.5 millionb. $ 9 millionc. $ 10 milliond. $ 12 million
Answer:
Option B $9 million is the correct answer.
Explanation:
The current portion of income tax expense is the taxable for the year multiplied by the prevalen tax rate in the year.
Current portion of income tax expense=taxable income*tax rate
taxable income is $30 million
tax rate is 30%
current portion of income tax expense=$30 million*30%=$ 9 million
Option B is the correct answer
However,if one chooses option A,it implies that one had used pretax net income of $25 million in computing the income tax expenses instead of taxable income on which tax is payable
Answer:
B. $ 9 million
Explanation:
Pretax financial statement income for the year ended December 31 2018
Scott’s taxable income $30 million
Enacted tax rate is 30% for 2018
Hence;
$30 million × 30% = $9 million
Therefore the amount Scott should report as the current portion of income tax expense for 2018 is $9 million
A company ages its accounts receivables to determine its end of period adjustment for bad debts. At the end of the current year, management estimated that $28,750 of the accounts receivable balance would be uncollectible. Prior to any year-end adjustments, the Allowance for Doubtful Accounts had a credit balance of $505. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense?
Answer:
Debit : Bad Debts = $28,750
Credit : Allowance for doubtful debts = $28,750
Explanation:
An account for allowance for doubtful debts is a contra account created, predicting that certain debtors will not be able to pay for the goods and services they purchased. The amount may be based on historical experiences. Doubtful debts aren’t officially uncollectible, it is simply an estimation made, but bad debts are, where you have officially written off a certain accounts receivable as uncollectible.
An allowance for doubtful debts is recorded in the balance sheet, directly under accounts receivables. Bad debts are recorded as an expense in the income statement.
The entry to record the above transaction is:
Debit : Bad Debts = $28,750
Credit : Allowance for doubtful debts = $28,750
When the amount is officially declared uncollectible, the allowance for doubtful debts account will be debited and the accounts receivables account will be credited.
Ronak is a project manager. He ensures that his project is completed on time by dividing the activities in the project into two stages: production and quality check. Which problem-solving strategy is Ronak using to meet the deadline?
Answer:
Forming subgoals
Explanation:
Subgoal is formed when learners are working toward a certain goal and notice that a set of steps puts them in a situation that allows them to ultimately achieve the goal.
Options:
A. forming subgoals
B. working backward
C. trial and error
D. means-ends analysis
Answer:
A. forming subgoals
Explanation:
In project management, it is always necessary to break down the project's final objective (goal) in smaller subgoals, so that you can divide your schedule's content and time. Imagine a project for building a factory that should take 2 years, you need to divide the project's goal (factory) into smaller subgoals in order to control how the project advances. The sum of all the subgoals should be the final goal.
It is normal that projects suffer form setbacks, changes and other alterations, so the subgoals must be adjusted to them.
Martha makes a living working four different jobs. In the morning she walks dogs for four neighbors on her block, then she picks up and delivers groceries for Instacart. In the afternoons and evenings, she likes to either drive passengers around using Lyft or provide childcare using KangaDo. What term best describes the modern type of economy that creates Martha’s employment options?
Answer:
Gig
Explanation:
The workers who drive your Ubers, shop for your groceries, and show up at your house to hang your pictures are part of what’s known as the “gig economy.” This refers to a way of working that doesn’t involve stable, full-time employment with one company but rather a series of freelance jobs (“gigs”) that may take advantage of individuals’ unique skill sets but that provide neither stability nor benefits.
Tejasi brings suit against her employer under Title VII for disparate treatment on the basis of Texas's national origin. At trial, Tejasi proves that she is an Indian immigrant and that she was demoted at work after her boss stated to several coworkers: "Outsourcing is sending all of the good American jobs to India. I cannot believe that companies are giving good jobs to Indians in our own country, too." Tejaswi employer argues that her demotion was based on her poor performance and offers a poor review Tejasi received one week after the boss made his comment and one day before the demotion. Will Tejasi win her suit
Answer:
Yes
Explanation:
First, the law is against the action she claims her employer did.Secondly and more importantly is the fact that she has enough evidence to prove that the review of her performance by her employer was discriminatory. This facts are strong prove;Tejasi received the poor review one week after the boss made his comment and one day before the demotion.
Tri-state Financial Corporation hires Uri, a real estate agent, to locate investment properties for Tri-state. Uri learns of a warehouse available for $100,000, informs Tri-state, and makes an offer of $90,000 on Tri-state's instruction. The offer is rejected. Uri
A.the agent's fiduciary duties to the principal.
B.did nothing wrong.
C.failed to take advantage of a business opportunity.
D.made an unreasonable offer based on current market value.
Answer:
A.the agent's fiduciary duties to the principal.
Explanation:
Uri breaks the agent's duty to obey the principal. An agent must act in the best interests of the principal and not in the best interests of his or her own. The agent is paid to act on behalf of the principal, and by taking advantage of his position, the agent expressly terminates his contract with the principal. Therefore, the principal can sue the agent and recover damages.A limited partner will be liable for business debts if he or she
Answer:
actively manage the business
Explanation:
A Limited Partnership is a partnership consisting of a general partner and a limited partner.
A general partner manages the business and is liable for the business debts and obligations whereas a limited partner has limited liability and he does not participate in management.
A limited partner will be liable for business debts if he or she actively manage the business.
Waterway Industries has gathered the following information concerning one model of shoe: Variable manufacturing costs $35000 Variable selling and administrative costs $20000 Fixed manufacturing costs $160000 Fixed selling and administrative costs $120000 Investment $1700000 ROI 20% Planned production and sales 5000 pairs What is the desired ROI per pair of shoes
Answer:
0.004% or $68 of net profit per pair of shoes
Explanation:
return on investment = 20% (net profit / total investment)
since total investment = $1,700,000, then the company's profit = $1,700,000 x 20% = $340,000
if the company is planing on selling 5,000, then each shoe should generate $340,000 / 5,000 shoes = $68 in net profit
ROI per pair of shoes = $68 / $1,700,000 = 0.00004 x 100 = 0.004%
Increased size of financial institutions resulting from financial consolidation increases the ________ problem, because there are now more large institutions whose failure would expose the financial system to systemic risk.
Answer:Increased size of financial institutions resulting from financial consolidation increases the to big to fail problem,
Explanation:
First challenge which the financial consolidation poses is that when the financial institutions size increases it brings the to big to fail problem. The systematic risk exposure increases as it has more large institutions in the financial system.
The other challenge here includes that is when the financial consolidation takes place between the banks and other financial service firms then the government safety net covers the new activities undertaken. Which can be securities underwriting, real estate or insurance activities. This is provided as an incentive for taking huge risks.
In 2008, Jiffy Lube began a marketing campaign which encouraged women to focus on their cardiovascular health. Jiffy Lube's "Maintenance Partners for Life" combines the concepts of maintaining heart and vehicle health, while seeking to raise $1 million in support of the American Heart Association's current "Go Red for Women" campaign. Jiffy Lube is engaging in:
cause marketing
Answer:Cause marketing
Explanation:
Cause marketing is the strategy where the motive is to increase the profits of the organisation as well as have concern for the society. Jiffy Lube marketing campaign includes a social cause of maintaining the cardiovascular health and also through this campaign they are trying to raise $1 million which is monetary based.
So cause marketing is for both creating awareness about the cause and also to raise funds to support the campaign. The brand's message is also given as well as the profits are also made through this campaign.
Jiffy Lube's 'Maintenance Partners for Life' campaign is an example of cause marketing. This type of marketing strategy involves a company aligning its promotional campaigns with a charitable cause, benefiting both the company and the cause.
Explanation:In 2008, Jiffy Lube launched a campaign called 'Maintenance Partners for Life' focusing on both heart and vehicle health, aiming to raise $1 million for the American Heart Association's 'Go Red for Women' campaign. This strategy, in which a company aligns its marketing efforts with a charitable cause, is known as cause marketing.
Cause marketing, can enhance a company's public image, increase their customer base and boost sales, while also supporting a worthwhile cause. Jiffy Lube's campaign perfectly exemplifies a strategic approachthat benefits both the charitable organization and the business itself.
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Adding new channels in a multichannel distribution system provides the following advantage: It minimizes mass product customization. It expands market and sales coverage. It limits market complexity. It reduces marketing expenses. It reduces system controls.
Option B
Adding new channels in a multichannel distribution system provides the following advantage: It expands market and sales coverage.
Explanation:The multi-channel distribution management is a plan to accommodate customers with various ways to acquire the identical product. When brands put their stock in the pathway of customers who require them, whether in-store or online, sales, display, and customer reach will develop.
To manage a successful multi-channel distribution program, each companion must profit from the association. Enhanced coordination, in turn, generates the sought-after advantage of a multi-channel strategy: improved sales. Handling multiple types of channels can verify challenging.
Clay offers to pay Diane $50 for a golf lesson for Ewan. They agree to meet on Friday to exchange the cash for the lesson. These parties have made a bilateral contract. a unilateral contract. a void contract. an executive contract.
Answer:
Bilateral contract.
Explanation:
Bilateral contract: It is a legally binding contract between two or more parties, wherein each party agree to fullfil the promise made to each other.
There are four elements necessary for the existence of a bilateral contract:
Agreement.Consideration.Intention to create legal relations.Certainty.In the given case, Clay offers to pay Diane $50 for a golf lesson for Ewan, which they are fulfilling by agreeing to meet on Friday to exchange the cash for the lesson. Therefore, these parties have made a bilateral contract.
The appropriate maintenance policy is developed by balancing preventive maintenance costs and breakdown maintenance costs. The problem is that A. full breakdown costs are seldom considered. B. breakdown maintenance must be performed regardless of cost. C. preventive maintenance costs are very difficult to identify. D. preventive maintenance should be performed regardless of cost.
Answer:
A. full breakdown costs are seldom considered.
Explanation:
In developing an appropriate maintenance policy a business will have to consider cost. It will balance preventive maintenance costs and breakdown maintenance costs.
This process requires a full breakdown of the costs imvolved. On the one hand cost of preventive maintenance should only include essential activities without which preventive measures will fail.
While breakdown maintenance cost will involve activities that will bring broken down processes and assets back to functionality as soon as possible.
Answer:
A. full breakdown costs are seldom considered.
Explanation:
In Business economics, the appropriate maintenance policy is developed by balancing preventive maintenance costs and breakdown maintenance costs.
However, the problem is that full breakdown costs are seldom considered by businesses owners.
Full breakdown costs involves the process of identifying the individual elements that comprise the total cost of a particular product or service.
What is implied if the inventory account has increased?
A. Cash flow from financing activities has decreased relative to net income.
B. Cash flow from operating activities has increased relative to net income.
C. Cash flow from operating activities has decreased relative to net income.
D. Cash flow from financing activities has increased relative to net income.
Answer:
C. Cash flow from operating activities has decreased relative to net income.
Explanation:
As we know that
Operating activities involves those activities that impact the after-net income working capital. This will subtract the rise in current assets and a reduction in current liabilities, while adding the decline in existing assets and a rise in current liabilities.
It will adjust some adjustments in working capital. In addition, the depreciation expenses are applied to the net profit and the loss on the selling of assets is added, while the gain on the sale of assets is deducted
Hence, the C option is correct
Which of the following is NOT true? (Present values are calculated from the end of the life of the option to the beginning.) A. An American put option is always worth less than the present value of the strike price B. A European put option is always worth less than the present value of the strike price C. A European call option is always worth less than the stock price D. An American call option is always worth less than the stock price
Answer:
A.An American put option is always worth less than the present value of the strike price
Explanation:
Put option refers to a stock market instrument which gives the holder an option to sell an asset at an agreed price on or before a particular date.
Each contract covers around 100 shares for stock options.
An American call option provides the holder with the right to purchase an asset, while a put option provides the holder an option to sell it.
A European option can be implemented only at the expiration date of the option and an American option can be implemented at any time before the expiration date.
An American put option is always worth less than the present value of the strike price.
So, option A. is correct
The statement that is false among the given options is C. A European call option being always worth less than the stock price. The value of a European call option is dependent on various factors like the strike price, time to maturity, risk free rate, and volatility of the return on the underlying asset.
Explanation:The statement that is not true among the provided selections is: C. A European call option is always worth less than the stock price. It's necessary to note that the worth of a European call option is not always less than the stock price. It's contingent on several factors, which include the price of the strike, the time to maturity, the risk free rate, and the volatility of the return on the underlying asset.
In contrast, statements A, B, and D are quite often true in various circumstances. For instance, both an American and European put option are typically worth less than the present value of the strike price, because these options only gain value if the stock price falls below the strike price. Similarly, an American call option is generally worth less than the stock price, although there are specific exceptions to this as well.
Keep in mind that options and their values are a complicated subject in finance, dependent on a multitude of varying factors.
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Producer surplus equals a. Value to buyers - Costs of sellers. b. Amount received by sellers - Costs of sellers. c. Value to buyers - Amount paid by buyers + Amount received by sellers - Costs of sellers. d. Value to buyers - Amount paid by buyers.
The producer surplus in Economics equals the amount received by sellers minus the cost to sellers. It demonstrates the monetary gain by sellers for being able to sell a product at a price higher than the minimum price they would be willing to sell at.
Explanation:The correct answer to this question is: b. Amount received by sellers - Costs of sellers. This is known as the producer surplus. In economics, producer surplus represents the monetary gain obtained by producers because they are able to sell at a market price that is higher than the lowest price at which they would be willing to sell their goods. It is the difference between the price that producers actually receive for a product and the minimum price at which they would be willing to sell it.
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Producer surplus is the extra benefit received by sellers in a market, calculated by subtracting the costs of sellers from the amount received by sellers.
Explanation:. It represents the extra benefit received by the sellers in a market. To calculate producer surplus, you subtract the costs of sellers from the amount received by sellers. So the correct answer is a. Value to buyers - Costs of sellers. For example, if producers are willing to sell a product for $50 and the market equilibrium price is $40, the producer surplus would be $10.
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An organization has a standing order with a supplier. the organization has ordered the same product in the same quantity monthly over the past year. the purchasing manager has decided to change suppliers in order to get a better price. the order the purchasing manager places with the new supplier is an example of a ________.
Answer:
Modified Rebuy.
Explanation:
Modified Rebuy can be defined as the desires of a buyer to re-purchase or reorder the products previously bought but with certain modifications either in prices, products, suppliers, or terms. The buyer may modify the current purchasing terms because he may not be satisfied with the supplier or may have some new requirements.
In the given case, the modification in supplier has been made by the organization to get a better price. Thus this is an example of modified rebuy.
So, the correct answer is modified rebuy.