Answer:
cash-flow-problem
Explanation:
Based on the scenario being described within the question it can be said that in this specific situation Tristan's company is facing a cash-flow-problem. This is a problem that occurs when a company begins to struggle to pay off it's debts as the due dates arrive. Which can easily cause a business to shut down due to not being able to pay off these debts.
Answer:
Cash-flow problem
Explanation:
Tristan the financial manager of a small company, experienced steady sales but customers are taking longer to pay, and he has had increasing difficulty obtaining short-term loans to finance the day-to-day operations of the company.
Hence, Tristan's company is facing a cash-flow problem.
In Business, a cash flow problem usually occurs when an individual or organization has difficulty or is struggling to obtain loans and pay its debts as they become due.
Gregory Trout has just received a memo explaining that because of his department’s success with the newly developed TemperTool, his request for three new employees has been approved. Gregory now faces the challenge of working with the areas of human resource management in recruiting, selecting, training, and maintaining effective employees. In recruiting and selecting employees for the new positions, Gregory will apply which human resource management goal?
Answer:
Maintaining an effective workforce
Explanation:
One of the major goals of human resource management function is ensuring productivity by providing an entity with right number of highly skilled and efficient employees.
Following are the key goals of human resource management process:
Mintaining productivity and workforce planningDeveloping training programs and modes of evaluationEngaging employees Policy creation w.r.t employeesCoherence of processes for efficiencyAn effective workforce refers to, all the employees as one group, working together, accomplishing the organizational goals in an efficient manner.
In the given case, Gregory's request for three new emoloyees has been approved. The immediate challenge for him being relating to selection, recruitment and training and maintaining effective employees.
Maintaining effective employees also refers to keeping and retaining efficient skilled employees and timely filling up gaps arising due to such employees leaving the organization.
Which of the following stages in a customer relationship management cycle is characterized by the sharing of customer information to all areas of a business after it has been analyzed and transformed into useful information?
a) identifying profitable and un-profitable customers.
b) leveraging customer information.
c) identifying customer relationships with the organization.
d) storing and integrating customer data.
Answer:
The correct answer is letter "B": leveraging customer information.
Explanation:
Customer Relationship Management (CRM) refers to the set of steps companies take to store and handle information about consumers to build long-lasting relationships with them. The CRM cycle involves:
Identifying customer relations. Understand interactions with the current customer base. Capture customer data based on interactions. Store and integrate customer data using IT. Identify the best customers. Leverage customer information.
Leveraging customer information implies studying the database including all the customer details, preferences and patterns to share it among different units within the firm. It is the final stage in the CRM cycle and the objective of the system since thanks to this data the institution will be able to profit out of the implementation of the CRM.
While conducting an audit of a new nonissuer client, an auditor discovers that accounting policies applied in relation to the financial statement opening balances are inconsistent with accounting policies applied during the period under audit. In this scenario, what should the auditor do?
A.Obtain sufficient appropriate evidence about whether changes in the accounting policies have been appropriately accounted for and adequately presented and disclosed in accordance with the applicable financial reporting framework.
B.Refrain from placing any reliance on information obtained from the review of the predecessor auditor's audit documentation of the prior period.
C.Request that management inform the predecessor auditor that the prior-period audited financial statements require revision.
D.Express a qualified or adverse opinion.
Answer:
A) Obtain sufficient appropriate evidence about whether changes in the accounting policies have been appropriately accounted for and adequately presented and disclosed in accordance with the applicable financial reporting framework.
Explanation:
When such things happen, the auditor must search more information regarding the accounting policies and must evaluate if the company's accountants adopted accounting policies that are legal and adjust to applicable financial reporting (e.g. GAAP in the US). The auditor must also try to determine the effects of the applied policies and if all proper disclosures have been included or not. The auditor should also try to determine why the company's accounting department did that and how do they justify it.
A _____ tour is one in which a tour representative only meets with the tour travelers when they need to see him or her. Hybrid student hosted fly-drive
Answer:
Hosted tour
Explanation:
A hosted tour is one in which a tour representative only meets with the tour travelers when they need to see him or her. A tour representative who is the "host" is usually the one in charge of the tour.
Answer:
A hosted tour
Explanation:
Any pre-planned (and prepaid) plan to one or more places for sightseeing.
In an hosted tour, the tour representative is available to answer questions throughout the duration of the tour, but the tour travellers are on their own most of the time.
Hosted tours are for your travellers that want the freedom to do what they want, but who would need tour representatives available whenever they have the need for them.
Increased investment alone will guarantee economic growth. A. This is a false statement, because an economy must rely on capital injections from abroad. B. This is a true statement, because money is the only resource needed for growth. C. This is a true statement, because growth occurs only with savings. D. This is a false statement, because economic growth hinges on the quality and type of investment as well as the human capital and improvements in technology.
Answer:
D
Explanation:
This is a false statement, because economic growth hinges on the quality and type of investment as well as the human capital and improvements in technology.
Increased investment in physical capital, such as factories, machinery, and roads, can yield increased productivity. Physical labour is not as efficient as Good factories and machinery.
The quality of human capital, that is the number and quality of skilled workers can also bring about Economic growth.
Technological improvements can cause an increase in productivity thereby causing increase in Economic growth.
Grey Corporation has $100,000 of accounts receivable on December 31. The unadjusted balance of its Allowance for Doubtful Accounts is a credit of $1,000. Experience suggests 5 percent of its receivables will be uncollectible. The amount that should be debited to Bad Debt Expense and credited to Allowance for Doubtful Accounts in the year-end adjusting entry is: a.$1,000 b.$2,070 c.$5,000 d.$6,000 e.$4,000
Final answer:
The amount that should be debited to Bad Debt Expense and credited to Allowance for Doubtful Accounts in the year-end adjusting entry is $4,950.
Explanation:
The amount that should be debited to Bad Debt Expense and credited to Allowance for Doubtful Accounts in the year-end adjusting entry is $4,950. Bad Debt Expense is calculated by multiplying the percentage of uncollectible receivables (5%) by the total accounts receivable ($100,000), resulting in $5,000. We then subtract the balance of the Allowance for Doubtful Accounts ($1,000) to get $4,000. Finally, we adjust the amount by the amount already reserved in the Allowance for Doubtful Accounts, which is $50 ($5,000 - $1,000). So, the answer is option e. $4,000.
A manufacturer of nickel-hydrogen batteries randomly selects 100 nickel plates for test cells, cycles them a specified number of times, and determines that 12 of the plates have blistered. (a) does this provide compelling evidence for concluding that more than 10% of all plates blister under such circumstances? state and test the appropriate hypotheses using a significance level of 0.05.
Answer:
Explanation:
The calculation is shown in the picture attached
P-value > 0.05 it is concluded that the null hypothesis is not reject.
There is not enough evidence to claim that the more than 10% of all plates blister under such circumstances.
Friends, a convenience store, has recently begun to redesign and restock its stores to offer a more upscale environment with higher quality products such as house wines and fresh foods. Friends has most likely changed its ________. A. organizational structure B. service level C. corporate identity D. price strategy E. positioning
Answer:
E. Positioning
Explanation:
Positioning deals with what organizations should do in order to sell its product and services to consumers. Positioning indicates an organization's product or service place in the mind of consumers. It is aimed at putting the product or services in the mind of the consumers. By redesigning and restocking the store to offer lre upscale environment with higher quality product, Friends had changed its positioning.
In the context of visionary leadership, _____ control and manipulate followers, do what is best for themselves instead of their organizations, want to hear only positive feedback, share information that is only beneficial to themselves, and have moral standards that put their interests before everyone else's.
A) ethical charismatics
B) democratic leaders
C) transformational leaders
D) unethical charismatics
Answer:
D. Unethical charismatics
Explanation:
Unethical charismatics leaders are the type of charismatic leaders that have unreasonably high sense of self importance which is based on gaining attention and getting commendations, applause, etc from others while they ignore opinions that are contrary or opposite.
Digg Co. installs a manufacturing machine in its factory at the beginning of the year at a cost of $36,000. The machine's useful life is estimated at 10 years, or 300,000 units of product, with a $6,000 salvage value. During its first year, the machine produces 14,000 units of product. Determine the machine's first year depreciation expense under the units-of-production method.
Answer:
Annual depreciation (year 1)= $1,400
Explanation:
Giving the following information:
Buying price= $36,000.
Useful units= 300,000 units of product.
Salvage value= $6,000
During its first year, the machine produces 14,000 units of product.
To calculate the depreciation expense for the first year under the units of production method, we need to use the following formula:
Annual depreciation= [(original cost - salvage value)/useful life of production in units]*units produced
Annual depreciation= [(36,000 - 6,000)/300,000]*14,000
Annual depreciation= 0.1*14,000= $1,400
To calculate the first year depreciation expense for the machine using the units-of-production method, subtract the salvage value from the machine's cost, divide by the estimated total units of production, and multiply by actual units produced. The depreciation expense was $1,400 for the first year.
The student has asked how to determine the machine's first year depreciation expense under the units-of-production method. To calculate this, we must first subtract the salvage value of the machine from its initial cost to determine the total amount that can be depreciated over the machine's useful life. Then, we determine the depreciation per unit by dividing this total depreciable amount by the estimated total units of production. Finally, we multiply the depreciation per unit by the actual units produced in the first year to find the depreciation expense for that year.
The formula for computing the depreciation per unit is:
Depreciation per unit = (Cost of machine - Salvage value) / Estimated total units of production
Therefore, for the Digg Co. machine:
Depreciation per unit = ($36,000 - $6,000) / 300,000 units
Depreciation per unit = $30,000 / 300,000 units
Depreciation per unit = $0.10 per unit
For the first year's depreciation expense:
First year depreciation expense = Depreciation per unit * Units produced in the first year
First year depreciation expense = $0.10 per unit * 14,000 units
First year depreciation expense = $1,400
For a bank, when a person deposits money into the bank, this: a creates a liability and an asset for the bank. b creates a liability for the depositor. c is most likely to result in a decrease in the money supply. d creates only a liability for the bank. e creates only an asset for the bank.
Answer:
The answer is A.
Explanation:
Bank deposits from customers create both a liability and an asset for the bank.
1. As a liability: The deposit is the customer's money. The bank is keeping the money for the customer. The customer can withdraw the fund any time.
2. As an asset: The money deposited by the customer can be used by the bank to generate revenue pending when the customer withdraws the money. The money not yet withdrawn by customers is still in the possession of the bank and the bank controls it.
Western Inc. purchases a machine for $70,000. This machine qualifies as a five-year recovery asset under MACRS with the fixed depreciation percentages as follows: year 1 = 20.00%; year 2 = 32.00%; year 3 = 19.20%; year 4 = 11.52%. The firm has a tax rate of 20%. If the machine is sold at the end of two years for $50,000, what is the cash flow from disposal?
Western Inc. purchases a machine for $70,000. This machine qualifies as a five-year recovery asset under MACRS with the fixed depreciation percentages- the cash flow from disposal is $46720
Explanation:
Given that the four-year sale is at $50,000.
we know that the book value of the machine must be established in order to determine if a gain or loss has been incurred at disposal.
The depreciation schedule for the $70,000 machine is: given as
Year 1: $70,000 × 0.2000 = $14,000
Year 2: $70,000 × 0.3200 = $22,400
Accumulated Depreciation = $14,000 + $22,400 = $36,400
Book Value of machine = $70,000 - $36,400 = $33,600
Gain on disposal is $50,000 - $33,600 = $16,400
Tax on Gain = Gain on disposal × Tax rate = $16,400 &
times; 0.20 = 20% of $16,400=20/100*16400=3,280
After-Tax Cash Flow at disposal = $50,000 - $3,280 = $46,720
The cash flow from disposal of the machine is $48,440.
Explanation:To determine the cash flow from disposal of the machine, we need to calculate the tax effects and subtract them from the sale price. Here's how:
Calculate the accumulated depreciation over the 2 years using the MACRS percentages. The accumulated depreciation is $12,800 ($70,000× 0.2 + $70,000 ×0.32).Calculate the adjusted basis of the machine by subtracting the accumulated depreciation from the purchase price. The adjusted basis is $57,200 ($70,000 - $12,800).Calculate the taxable gain by subtracting the adjusted basis from the sale price. The taxable gain is $7,800 ($50,000 - $57,200).Calculate the taxes owed on the gain by multiplying the taxable gain by the tax rate. The taxes owed are $1,560 ($7,800 ×0.2).Finally, determine the cash flow from disposal by subtracting the taxes owed from the sale price. The cash flow from disposal is $48,440 ($50,000 - $1,560).When the federal reserve does an open market operation to increase the U.S. money supply, it A. prints money, which is put into circulation through a tax cut on wages. B. sells bonds to individuals and financial institutions. C. buys bonds from individuals and financial institutions. D. reduces regulation on financial lending institutions to increase the multiplier effect.
Answer: buys bonds from individuals and financial institutions.
Explanation:
The central banks use different methods to decrease or increase the amount of money available in the banking system. The Federal Reserve Board, is the governing body which manages the Federal Reserve System and oversees all domestic monetary policy in the United States.
The Federal Reserve System can affect the money supply by using the open market operations where the Federal Reserve System buys and sells government securities. If the aim is to increase the money supply, the Federal Reserve System buys government bonds as this provides the securities dealers selling the bonds with cash, hence, increasing the overall money supply in the economy.
_______________ bring together shippers who post loads and carriers who post their available capacity in order to arrange shipments; compatible shippers and carriers are matched automatically based on business requirements, price, and service.
Answer:
internet transportation exchanges
Explanation:
Internet transportation exchanges bring together shippers who post loads and carriers who post their available capacity in order to arrange shipments; compatible shippers and carriers are matched automatically based on business requirements, price, and service.
Answer:
Internet transportation exchanges
Explanation:
Internet transportation exchanges bring together shippers who post loads and carriers who post their available capacity in order to arrange shipments; compatible shippers and carriers are matched automatically based on business requirements, price, and service.
Internet transportation exchanges also known as freight exchange. It is an internet-based software application that operates as a marketplace by connecting transportation companies(carriers) with clients(shippers) who have product to move. Subscription or transaction fees are charged.
The transportation companies involved in freight exchange are called CARRIERS.
Information are readily available to both shippers and carriers. Such as price, available capacity of truck, location and so on.
It helps shippers move their loads to the desired destination. It also help to save stress and time of searching for carriers.
The carriers generate more revenue and they have more customers.
Revenues that are legally restricted to expenditures for specified purposes should be accounted for in special revenue funds, including ____________.a. Proprietary fund revenues b. Gasoline taxes to finance road repairs c. Pension trust fund revenues d. Resources accumulated for payment of general long-term debt principal and interest
Answer:
b. Gasoline taxes to finance road repairs
Explanation:
Revenues that are legally restricted to expenditures for specified purposes should be accounted for in special revenue funds, including gasoline taxes to finance road repairs.
A put on Sanders stock with a strike price of $31 is priced at $2 per share, while a call with a strike price of $31 is priced at $2.50. The maximum per-share loss to the writer of an uncovered put is __________, and the maximum per-share gain to the writer of an uncovered call is _________.
Answer: $29; $2.50
Explanation:
The maximum per share loss to the writer of an uncovered put; that is price of put is zero on expiration
Strike price = $31, at $2 per share
Therefore, maximum per share loss ;
($31 - 0) - $2 =
Maximum per share gain to the writer of an uncovered put occurs when the stock price falls below $31 on expiration.
Maximum per share gain equals $2.50
The maximum per-share loss to the writer of an uncovered put is $29, and the maximum per-share gain to the writer of an uncovered call is -$26.
Explanation:The maximum per-share loss to the writer of an uncovered put is $31 (strike price) minus $2 (price per share), which equals $29. The maximum per-share gain to the writer of an uncovered call is the price per share of the call minus the strike price, which is $2.50 (price per share) minus $31 (strike price), which equals -$28.50. However, since the call writer receives a premium of $2.50 per share, the maximum per-share gain would be -$28.50 plus $2.50, which equals -$26.
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dentify the basic internal control guidelines which should be in place to protect a business's cash by selecting the correct answers below. (Check all that apply.) Excess cash should be left in the bank to maintain liquidity. Cash receipts are promptly deposited in a bank. Cash payments are made by check. Handling cash is separate from recordkeeping of cash. Bills should be paid immediately.
Cash receipts are promptly deposited in a bank.
Cash payments are made by check.
Handling cash is separate from recordkeeping of cash
The following information should be considered:
The guidelines regarding the basic internal control should for protecting the cash of the business by having the cash receipts. Cash payments.The cash should be distinct from cash recordkeeping.Learn more: https://brainly.com/question/1022920
Final answer:
To protect a business's cash, it is crucial to have strong internal controls such as promptly depositing receipts, making payments by check, and separating cash handling from recordkeeping. Excess cash should be managed to earn interest, and banks play a crucial role in facilitating transactions and cash management.
Explanation:
To protect a business's cash, several basic internal control guidelines should be in place. Cash receipts should be promptly deposited in a bank to minimize the risk of loss or theft. Cash payments are best made by check, or other traceable forms such as electronic transfers, to ensure there is a record of the payment. This also helps in preventing and detecting fraud. An important principle in internal controls is the separation of duties; therefore, the handling cash should be separate from recordkeeping of cash. This reduces the risk of embezzlement or errors going unnoticed. Bills should be paid according to their due dates to manage cash flow effectively, not necessarily immediately, which allows for better cash management. As for excess cash, it should not simply be left in a checking account but should be moved into a savings account or invested to earn interest. A sweep arrangement with the bank can automate this process.
Banks facilitate a complex economy by allowing individuals and businesses to store money and carry out transactions without the need to handle large amounts of cash directly. The use of bank accounts for storing money and making transactions via direct withdrawals, checks, or debit cards is crucial for modern financial operations. This explains the role of banks in providing conveniences and why businesses should utilize banking services to handle cash efficiently.
Вопрос 3 Moogle, Inc. is in the same business as Google, Inc., but has recently retired all its debt to become an all-equity firm. Its return on equity has dropped from 12.00% to 10.75% as a result of this. Google, Inc. continues to have debt in its capital structure, and its debt-to-equity ratio is 30.00%. What is the percentage return on assets of Google, Inc.? (Allow two decimals in the percentage but do not enter the % sign.)
The percentage return on assets (ROA) of Go--ogle, Inc. is 25.00%.
Explanation:To find the return on assets (ROA) for G--oogle, Inc., we need to calculate the percentage return on assets. ROA is calculated by dividing the net income by the total assets. We can find the net income by multiplying the return on equity (ROE) by the equity. Here's how:
ROE = 10.75%
Equity = 100% (since Moogle, Inc. is an all-equity firm)
Net Income = ROE * Equity = 10.75% * 100% = 10.75%
To calculate the total assets, we can use the debt-to-equity ratio of G--oogle, Inc. which is 30.00%. The formula to calculate total assets is:
Total Assets = Debt / (1 - Debt-to-Equity Ratio)
Total Assets = 30.00% / (1 - 30.00%) = 30.00% / 0.70 = 42.86%
Finally, we can calculate the ROA:
ROA = Net Income / Total Assets = 10.75% / 42.86% = 25.00%
A method for calculating price changes that takes an average of price changes using base years from consecutive years produces a A. value-added index. B. chain-weighted index. C. consumer-pricing index. D. import-weighted index.
Answer:
B. Chain weighted Index
Explanation:
Chain weighted index is a technique that measures changes in price and spending patterns of individuals and economy. It is an alternative form to the traditional consumer price index. It is used in calculating changes in price using average price from base year gotten from consecutive years. The chain weighted index puts products substitutions and other factors that affects spending made by consumers into consideration. Chain weighted index helps in estimating the real GDP.
Your organization acknowledges that providers want to improve their user experience with health information technology (IT) products. You want to raise awareness of the potential benefits to the organization. You could draw on stated benefits such as:
Answer:
1. Better productivity
2. Safety of all patients
3. Improved customer service and support costs.
Explanation:
Medical facilities can improve their user experience with health information technology (IT) products by raising awareness of the potential benefits to the organization.
Also, they could draw on stated benefits such as:
1. Better productivity
2. Safety of all patients
3. Improved customer service and support costs.
Answer:
Improved productivity , patient safety and decreased customer support costs
Explanation:
Your organization acknowledges that providers want to improve their user experience with health information technology (IT) products. You want to raise awareness of the potential benefits to the organization. You could draw on stated benefits such as: Improved productivity , patient safety and decreased customer support costs
The health information (IT) products seeks to provide better care for patients and help achieve health equity. It records, analyze and share data so as to help a patient's productivity, and safety.
Micro Tech, Inc. made the following cash expenditures during current-year related to the development of a new technology which was patented at the end of the year:Materials and supplies used - $38,000R&D salaries - 120,000Patent filing fees - 3,000Payments to external consultants - 50,000Purchase of R&D equipment - 140,000
The equipment purchased has no future use beyond the current project. $10,000 of the materials and supplies used and $32,000 in salaries relate to the construction of prototypes. In its current-year financial statements, Micro Tech should report research and development expenses of:
a. $348,000b. $306,000c. $208,000d. $351,000
Answer:
a.$348,000
Explanation:
Research & Development Cost=Materials and supplies+R&D Salaries+Consultant fees+purchase cost of equipment=38,000+120,000+50,000+140,000
=$348,000
Final answer:
Micro Tech, Inc. should report $348,000 as research and development expenses, which includes costs for materials and supplies, R&D salaries, payments to external consultants, and the purchase of R&D equipment that has no future use beyond the current project. Patent filing fees are not included in this expense.
Explanation:
To calculate the research and development expenses Micro Tech should report in its current-year financial statements, we need to consider costs that are directly associated with R&D activities. These would include:
Materials and supplies used: $38,000 (including the $10,000 for prototypes, since it's part of the R&D process).R&D salaries: $120,000 (including $32,000 for prototype construction).Payments to external consultants: $50,000.Purchase of R&D equipment: $140,000, since the equipment has no future use beyond the current project, it is part of the R&D cost.However, patent filing fees are not considered R&D expenses; they are considered separate intangible assets. Thus, we do not include the $3,000 patent filing fees in R&D expenses. Adding the applicable expenses, we get:
$38,000 + $120,000 + $50,000 + $140,000 = $348,000
Therefore, Micro Tech should report $348,000 as research and development expenses.
On Feb 10, Amara Inc. sold goods to a customer for $8,000 with credit terms 2/10, n/30. The company uses the net method of accounting for sales discounts. What entry would the company make on Mar 10, assuming the correct payment was received on that date?
Answer:
The answer is given below;
Explanation:
March 10
Bank Dr.$8,000
Accounts Receivable Cr.$7,840
Sales Discount (8,000*2%) Cr.$160
As the payment was not received within 10 days from the date of sale, therefore 2% discount will be reversed and full payment will be received.
Keystone predators can maintain species diversity in a community if they
Answer:
The options are given below:
A) competitively exclude other predators.
B) prey on the community's dominant species.
C) allow immigration of other predators.
D) reduce the number of disruptions in the community.
E) prey only on the least abundant species in the community.
the correct option is B
Explanation:
Keystone species refers to a predator which prevents a particular herbivorous species from wiping out the dominant plant species. If the number of prey are low, the keystone predators can be less abundant and still be effective. Keystone species have a disproportionately large effect on its environment relative to its abundance.
Therefore, by preying on a community's dominant species, keystone predators help to maintain the species diversity in the community, because they ensure that the dominant predators do not totally wipe out the various organisms present in the ecosystem.
What effect do you think seasonal demand might have on the price of goods? Explain
why.
If demand rises while supply stays unchanged, the optimum price and quantity rise as well.
Demand falls while supply remains constant, resulting in a lower equilibrium price.
Seasonal demand changes can have an impact on personnel, planning, and cash flow.
The aim is to balance demand by luring consumers with low pricing during sluggish periods and maximize earnings during peak periods by charging higher prices.
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If a firm is having financial difficulty, it typically begins to pay its accounts payable more slowly and to borrow from the bank—both of which will increase its current _____causing a decline in the current ratio. The quick ratio is a measure of a firm's ability to pay off _____obligations without relying on the sale of _____, which are typically the least liquid of a firm's current assets. Its equation is:
Quick, or acid ratio (current assets - inventories)/current liabilities
Answer:
Liabilities; short-term; inventories; quick ratio
Explanation:
If a firm is having financial difficulty, it typically begins to pay its accounts payable more slowly and to borrow from the bank—both of which will increase its current liabilities causing a decline in the current ratio.
The quick ratio is a measure of a firm's ability to pay off short-term obligations without relying on the sale of inventories which are typically the least liquid of a firm's current assets.
Its equation is quick ratio.
The liquidity position of a Firm would be satisfactory, if it is able to meet it's current obligations when they become due.
A financially struggling firm may slow down payments to its accounts payable and increase bank borrowings. This can inflate current liabilities, lowering the current ratio. The quick ratio, stripping out inventories from current assets, provides a stricter measure of a firm's short-term liquidity.
Explanation:When a firm is struggling financially, it typically slows down its payments to its accounts payable and borrows additional funds from the bank. Both of these actions can result in an increase in the firm's current liabilities, ultimately causing a reduction in the current ratio. This ratio is an indicator of a firm's short-term liquidity or its ability to cover its current liabilities with its current assets.
The quick ratio, on the other hand, serves as a more stringent measure of a firm's short-term liquidity. Unlike the current ratio, the quick ratio excludes inventories—which are usually the least liquid of a firm's current assets—from the calculation. Thus, the quick ratio effectively measures a firm's capacity to satisfy its short-term obligations using its most liquid assets only. Its formula is (current assets - inventories) / current liabilities.
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Every company is required to pay an unemployment tax that is based on the __________. Group of answer choices type of industry and its seasonal fluctuations in employment number of claims filed by ex-employees employer’s total payroll cost. total number of employees covered under workers’ compensation
Answer:
number of claims filed by ex-employees
Explanation:
According to Corporate Tax Laws and Regulations, every company is required to pay an unemployment tax that is based on the number of claims filed by ex-employees.
In early 2008, you purchased and remodeled a 120-room hotel to handle the increased number of conventions coming to town. By mid-2008, it became apparent that the recession would kill the demand for conventions. Now, you forecast that you will be able to sell only 20,000 room-nights, which cost $80 per room per night to service. You spent $30.00 million on the hotel in 2008, and your cost of capital is 20%. The current going price to sell the hotel is $25 million. If the estimated demand is 20,000 room-nights, the break-even price is $ per room, per night. (Hint: Remember that the cost of capital is the opportunity cost, or true cost, of making an investment.)
Answer:
The break-even price is $330
Explanation:
It is important to note that the break-even price is considered as the average avoidable cost. For each room, it is considered as the addition of marginal cost with the annual cost of avoidable capital/room.
The Break-even price is calculated below:
[tex]P^{BE} =[/tex] $25,000,000 × 20% / 20,000 + $80
= $330.
Therefore, the break-even price is $330.
Lucy has organized her craft shop as a sole proprietorship. Her sister has warned Lucy about the legal principle holding her responsible for paying off all of the debts of the business. What is the name of this principle?
Answer:
Unlimited liability
Explanation:
Unlimited liability means that
owners of businesses are liable to pay all the debts incurred by the business.
A sole proprietorship refers to owner of a business which has no distinct legal entity from its owner. It is not a legal entity because the owner can not be separated from the business and all the debts incurred by the business will be borne or paid by the owner.
An example of a sole proprietor is a barber who has his business registered with the corporate affairs commission. It therefore means that all the debts incurred by the business will be borned by the owner.
Katya is developing a business message about a green initiative that her company is hoping to launch. In the process of creating the business message, she studies the background of the employees and considers their needs and priorities. This action belongs to which step of the AIM planning process? a) ideas structuring message b) analysis audience c) analysis message d) development audience review.
Answer: B. analysis audience
Explanation: Audience analysis or Analyzing the Audience entails identifying the audience and creating a speech to adapt the audience style , attitude, interest , needs, priorities and understanding. Audience analysis tasks are done by technical writers in the early stage of a project.
Katya action in developing a business message on the green initiative her company is about to launch was " Audience analysis ".
You work for a major athletic brand company and have just recently entered a new market abroad. The marketing team has just identified the target market in the region and is in the process of asking questions that will help identify marketing mix strategies. Which of the following questions is correctly associated with the marketing strategy to which it relates?
A. The organization focuses its marketing strategies on multiple publics.
B. Cash cow
C. Your company has several strategic business units (SBUs)
D. Person marketing is only effective when the person representing your product is fully committed, and consumers believe that the pairing is realistic.
E. contribute meaningfully to the community and the greater good.
F. Star
G. Market tangible goods to help raise money.
Answer:
A
Explanation:
Among the different options given, option A is the correct one, where different people are targeted in the region with mix products to understand which type of customers would like which products.
Effective marketing strategies consist of the target marketing and marketing mix variables.
Marketing mix includes product, distribution, promotion, and price of the product and to get more effective results, these results should be applied to some variety of people in targeted region
In the above question, your options are not inline with the answer you need. However, I have provided you the answer.
Answer:
Is this item affordable in this new market?" This relates to price strategy.
Explanation:
When entering new market, one of the major concern of marketers is determine the price at which the product will be sold. marketing team after identifying the target market, they make research on whether the new items are affordable to the buying population depending, on whether their is alternative to the products or not and their purchasing power. All these questions relate to the price strategy.