From the income statement given, the final balance on the statement of cash flow is $257,500
What amount should Flax report in its statement of cash flowsTo calculate the cash paid for goods to be sold, we need to start with cost of goods sold from the income statement and make adjustments for changes in inventory and accounts payable.
Starting with cost of goods sold for year 2 of $250,000, we need to adjust for the increase in inventory, which is $31,000 - $47,000 = -$16,000. This means inventory decreased by $16,000, so we need to add it to cost of goods sold to get the cost of goods sold for cash purposes, which is $250,000 + $16,000 = $266,000.
Next, we need to adjust for the change in accounts payable, which is $25,000 - $17,500 = $7,500. This means accounts payable increased by $7,500, so we need to subtract it from the cost of goods sold for cash purposes, which is $266,000 - $7,500 = $258,500.
Finally, we need to subtract the $1,000 increase in accounts payable due to the equipment purchase, which gives us the final answer of $257,500.
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In calculating the NPV for a cash flow stream, which is true? (Hint: if you are unsure of the answer to this question, construct a simple spreadsheet in Excel using the NPV function). (MARK ALL THOSE THAT APPLY)
A. A discount factor of O will result in an NPV equal to the sum of the cash flow stream
B. A lower discount rate will increase the value for NPV
C. Changing the discount rate has no impact on the value for NPV
D. A higher discount rate will decrease the value for NPV
E. A lower discount rate will decrease the value for NPV
F. A higher discount rate will increase the value for NPV
The correct answers are:
A. A discount factor of O will result in an NPV equal to the sum of the cash flow stream
B. A lower discount rate will increase the value for NPV
D. A higher discount rate will decrease the value for NPV
Net Present Value (NPV) is a financial metric that is used to measure the profitability of an investment or a project. It is calculated by discounting the future cash flows of an investment to their present value and then subtracting the initial investment. The discount rate is used to calculate the present value of the future cash flows.
A discount factor of 0 will result in an NPV equal to the sum of the cash flow stream because there is no discounting of the future cash flows.
A lower discount rate will increase the value for NPV because the present value of the future cash flows will be higher. Conversely, a higher discount rate will decrease the value for NPV because the present value of the future cash flows will be lower.
Therefore, the correct answers are A, B, and D.
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labour variances (favourable or adverse)may cauused by 1. the
use of higher skilled staff 2. freequent machine breakdown 3. the
use cheaper workers 4. using poor quality materials
Labour variances can be affected by a variety of factors, and it is important to consider the potential impact of each factor on labour costs.
Labour variances (favourable or adverse) may be caused by several factors, including:
1. The use of higher skilled staff: This can result in a favourable labour variance if the higher skilled staff are able to complete tasks more efficiently and effectively, leading to less labour costs. However, it can also result in an adverse labour variance if the higher skilled staff are paid more than the budgeted amount for labour.
2. Frequent machine breakdown: This can result in an adverse labour variance if the breakdowns cause delays in production, leading to additional labour costs to meet deadlines.
3. The use of cheaper workers: This can result in a favourable labour variance if the cheaper workers are able to complete tasks at the same level of quality as more expensive workers, leading to lower labour costs. However, it can also result in an adverse labour variance if the cheaper workers are less skilled and require more time to complete tasks, leading to higher labour costs.
4. Using poor quality materials: This can result in an adverse labour variance if the poor quality materials require additional labour to fix mistakes or rework products, leading to higher labour costs.
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Routinely watching the TV show Married at First Sight (MAFS) on Sunday evenings and expressing contempt against the raunchy behaviour of the contestants on your favourite social media platform during the show is a good example of which of the following concepts?Select one:a.Discourseb.Domesticationc.Media rituald.Social Institutions
Routinely watching the TV show Married at First Sight (MAFS) on Sunday evenings and expressing contempt against the raunchy behaviour of the contestants on your favourite social media platform during the show is a good example of the concept of media ritual.
Option c is correct.Media rituals are the practices, customs, and patterns of behaviour that are associated with the consumption of media. In this case, the routine of watching MAFS on Sunday evenings and expressing opinions about it on social media is a form of media ritual. It is a pattern of behaviour that is associated with the consumption of the TV show and the use of social media. This ritual serves to reinforce the viewer's identity and sense of belonging within a particular social group.
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Type the correct answer in the box. Spell all words correctly.
Which type of statement is used to communicate one's feelings in a nonconfrontational manner
An
is a statement used to communicate one's feelings in a nonconfrontational
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An "I" statement is a type of statement used to communicate one's feelings in a nonconfrontational manner. It is a way of expressing how you feel without blaming or attacking the other person.
Which type of statement is used to communicate one's feelings in a nonconfrontational manner ?"I" statements typically start with "I feel" or "I am feeling" followed by a description of the emotion you are experiencing. For example, instead of saying "You never listen to me," you could say "I feel frustrated when I don't feel heard." This approach emphasizes your personal experience and helps the other person understand how their behavior affects you.
Using "I" statements can promote healthy communication and conflict resolution by reducing defensiveness and encouraging empathy. By expressing your feelings in a nonconfrontational way, you can foster understanding and reach mutually beneficial solutions to problems.
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Your group is required to discuss the issues related to transport management. Choose any country in your preference, discuss their transport industry related to passenger and cargo movement. Your assignment contents should include the following: 1. Structure of their transportation industry 2. Highlight the strength and opportunity towards the economy and the society with the support of the transport industry. 3. Discuss 3-5 main issues related to the transport industry in the respective country the topic that you have chosen. 4. Support your discussion with statistics/data and examples. 5. Propose 3-5 solutions/strategies to overcome the issues.2. Your report should include i. Summary (1 page) ii. Introduction iii. Answers for all the required contents. iv. Conclusion
When discussing the transport industry in your chosen country, it is important to consider the structure of their transportation industry, the strength and opportunities the industry presents to the economy and society, the major issues it faces, and potential solutions to overcome these issues.
The structure of the transportation industry in your chosen country should include an examination of the types of transportation systems they have in place, such as road, rail, air, and sea, and any other relevant infrastructure.
The strength and opportunities the transport industry presents to the economy and society should be discussed in terms of the job opportunities it creates, the increased mobility it provides, the improved access to markets and resources, the decreased emissions and pollution, and the potential for improved trade.
The major issues related to the transport industry in the respective country should be discussed. This can include topics such as congestion, infrastructure inadequacy, air pollution, safety issues, lack of access to certain services, and the need for better technology.
In conclusion, it is important to understand the structure of the transportation industry, the strength and opportunities it provides, the major issues it faces, and potential solutions to overcome these issues when discussing transport management in any chosen country.
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11-15 The Butler-Perkins Company (BPC) must decide between two mutually exclusive projects. Each costs $6,750 and has an expected life of 3 years. Annual project cash flows begin 1 year after the initial investment is made and have the following probability distributions:
Project A
Project B
Probability
Cash Flows
Probability
Cash Flows
0.2
$6,500
0.2
$0
0.6
$6,750
0.6
$6,750
0.2
$7,500
0.2
$18,000
BBC has decided to evaluate the riskier project at 12% rate and the less risky project at a 10% rate.
A. What is the expected value of the annual net cash flows from each project? What is a coefficient of variation CV?
B. What is the risk-adjusted NPV of each project?
C. If it were known that project B is negatively correlated with other cash flows of the firm whereas project A is positively correlated, how would this affect that decision? If project B's cash flows were negatively correlated with gross domestic product GDP, would that influence your assessment of its risk?
PLEASE SHOW WORK
A. The expected value of the annual net cash flows and coefficient of variation for project A is $6,750 and 0.0513 and for project B is $7,350 and 0.5857 respectively. The risk-adjusted NPV for project A is $5,096.52 and for project B is $4,892.22. C. If it were known that project B is negatively correlated with other cash flows of the firm whereas project A is positively correlated it may be less risky. If project B's cash flows were negatively correlated with gross domestic product GDP, it may also be less risky.
A. The expected value of the annual net cash flows from each project can be calculated by multiplying the probability of each cash flow by the cash flow amount and then summing the results. The coefficient of variation (CV) is a measure of relative variability and can be calculated by dividing the standard deviation of the cash flows by the expected value of the cash flows.
For Project A:
Expected value = (0.2 x $6,500) + (0.6 x $6,750) + (0.2 x $7,500) = $6,750
Standard deviation = sqrt[(0.2 x ($6,500 - $6,750)^2) + (0.6 x ($6,750 - $6,750)^2) + (0.2 x ($7,500 - $6,750)^2)] = $346.41
CV = $346.41 / $6,750 = 0.0513
For Project B:
Expected value = (0.2 x $0) + (0.6 x $6,750) + (0.2 x $18,000) = $7,350
Standard deviation = sqrt[(0.2 x ($0 - $7,350)^2) + (0.6 x ($6,750 - $7,350)^2) + (0.2 x ($18,000 - $7,350)^2)] = $4,304.35
CV = $4,304.35 / $7,350 = 0.5857
B. The risk-adjusted NPV of each project can be calculated by discounting the expected cash flows at the risk-adjusted discount rate and then subtracting the initial investment.
For Project A:
NPV = ($6,750 / 1.1) + ($6,750 / 1.1^2) + ($6,750 / 1.1^3) - $6,750 = $5,096.52
For Project B:
NPV = ($7,350 / 1.12) + ($7,350 / 1.12^2) + ($7,350 / 1.12^3) - $6,750 = $4,892.22
C. If project B is negatively correlated with other cash flows of the firm, it may be less risky because it can provide diversification benefits. If project B's cash flows were negatively correlated with GDP, it may also be less risky because it can provide a hedge against economic downturns. These factors should be taken into account when assessing the risk of the projects and may affect the decision between the two projects.
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The industrial company KLM SA manufactures fitness equipment for playgrounds upon orders from its customers. During september of the fiscal year 20x9, it processed and completed exclusively the order No 200, which concerned 2000 individual swings with backpacks with a sale price of 200 € each.
During the month of September, the following actions were taken:
Purchased raw materials costing 180,000 with credit
Raw materials costing 150.000€ were consumed in the production of raw materials
They were paid to the staff through the sight account for direct labour of September 85000 €. The employer's contributions amounted to 20.000€ and the deductions to 15.000€ respectively.
Order No. 200 was delivered to the customer on September 29th . Payment will be made in 2 months.
KLM S.A. charges general industrial expenses to orders using a predetermined attribution rate that at the beginning of the fiscal year was estimated at 60% of the cost of direct labor. Requested:
1. To carry out the journal entries that were made in September from the purchase of the raw materials until the delivery of the order to the customer.
2. Present business activities that the method of costing personalized production (on-demand costing) could be effectively applied.
1. The journal entries for the actions taken during September are as follows:
Entry 1: Purchase of raw materials costing 180,000 € with credit
Debit: Raw Materials Inventory 180,000 €
Credit: Accounts Payable 180,000 €
Entry 2: Consumption of raw materials costing 150,000 € in the production of order No. 200
Debit: Work in Process Inventory 150,000 €
Credit: Raw Materials Inventory 150,000 €
Entry 3: Payment to staff for direct labor of September 85,000 €, employer's contributions of 20,000 €, and deductions of 15,000 €
Debit: Work in Process Inventory 85,000 €
Debit: Payroll Tax Expense 20,000 €
Credit: Cash 70,000 €
Credit: Employee Withholdings Payable 15,000 €
Credit: Employer Payroll Taxes Payable 20,000 €
Entry 4: Allocation of general industrial expenses using a predetermined attribution rate of 60% of the cost of direct labor
Debit: Work in Process Inventory 51,000 € (60% of 85,000 €)
Credit: Manufacturing Overhead 51,000 €
Entry 5: Delivery of order No. 200 to the customer on September 29th with payment to be made in 2 months
Debit: Accounts Receivable 400,000 € (2000 units x 200 € each)
Credit: Sales Revenue 400,000 €
2. The method of costing personalized production (on-demand costing) could be effectively applied to business activities such as:
- Custom furniture manufacturing
- Custom clothing or fashion design
- Customized software development
- Personalized event planning and coordination
- Customized marketing or branding services
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Raceway Motor Sports Co. Bank Reconciliation Statement July 31, 20-- Task 2: Prepare a bank reconciliation statement for the Raceway Motor Sports Co. using the following information: - The Cash account balance in the company ledger is $3651.40. - A deposit of $565 was recorded in the company journal, but not the bank statement. - Attached the bank statement is a debit memo for $85 for a customer's NSF cheque.
- Bank service charges of $11.40 are shown on the bank statement.
To prepare a bank reconciliation statement for Raceway Motor Sports Co. as of July 31, 20--, the following steps should be taken:
1. Calculate the balance per bank statement. This is the ending balance of the Cash account as per the bank statement, which is $3560.
2. Add any deposits in transit. In this case, the deposit of $565 recorded in the company journal but not the bank statement should be added to the balance per bank statement. This brings the total to $4125.
3. Subtract any outstanding checks. The debit memo of $85 for a customer's NSF cheque should be subtracted from the total, making it $4040.
4. Subtract any bank service charges. The bank service charges of $11.40 should be subtracted from the total, giving a balance of $4028.60.
5. Calculate the balance per books. This is the ending balance of the Cash account in the company ledger, which is $3651.40.
6. Calculate the reconciling amount. The reconciling amount is the difference between the balance per bank statement and the balance per books, which in this case is $377.20.
The resulting reconciliation statement for Raceway Motor Sports Co. as of July 31, 20-- is as follows:
Balance per Bank Statement: $3560.00
Add: Deposits in Transit: $565.00
Less: Outstanding Checks: ($85.00)
Less: Bank Service Charges: ($11.40)
Balance per Bank Statement: $4028.60
Balance per Books: $3651.40
Reconciling Amount: $377.20
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Briefly explain the accounting treatment on measuring and recognizing a gain or loss by the debtor on a settlement of debt which involves the transfer of noncash assets. (4 marks) Also, analyze ANY TWO factors that the company will consider when accepting the transfer of non-cash assets by debtors as settlement of debt. (6 marks)
The accounting treatment for measuring and recognizing a gain or loss by a debtor on the settlement of debt which involves the transfer of noncash assets involves recognizing the difference between the fair value of the asset being exchanged for the debt and the remaining balance of the debt. If the fair value of the asset being exchanged is greater than the remaining debt balance, the difference is reported as a gain, while if it is less, the difference is reported as a loss.
When considering the acceptance of the transfer of noncash assets as settlement of debt, two factors a company should consider include the fair market value of the asset being exchanged and the cost of selling or otherwise disposing of the asset if the transfer of the noncash asset is not accepted. Additionally, the company should consider the terms of the settlement and the costs associated with rejecting the settlement and recovering the debt in the traditional manner.
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A 60-40 weighted portfolio between A and B, with respective means 8% and 10%, and standard deviations of return 8% and 10%, plus correlation 50%, has Sharpe Ratio closest to which of the following? Assume the Risk-Free rate is 1%
The Sharpe Ratio of the portfolio is closest to 1.016.
The Sharpe Ratio is a measure of the risk-adjusted return of a portfolio. It is calculated as the difference between the portfolio's return and the risk-free rate, divided by the portfolio's standard deviation of return. In this case, the Sharpe Ratio can be calculated as follows:
1. Calculate the portfolio's return: 0.6 * 8% + 0.4 * 10% = 8.8%
2. Calculate the portfolio's standard deviation of return: sqrt(0.6^2 * 8%^2 + 0.4^2 * 10%^2 + 2 * 0.6 * 0.4 * 8% * 10% * 50%) = 7.68%
3. Calculate the Sharpe Ratio: (8.8% - 1%) / 7.68% = 1.016
Therefore, the Sharpe Ratio of the portfolio is closest to 1.016. The correct answer is 1.016.
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Consider a bond issued by the Lee Corporation. The bond matures on March 15, 2041, and pays a 5 percent annual coupon, paid semi-annually. Interest accrues following the 30/360 interest accrual convention. Please assume that the par value of the bond is $100. Lee Corporation has an investment-grade credit rating of A. Today (the "settlement date") is 3/8/2021.
A. Suppose that a reasonable risk-free benchmark interest rate for that bond’s cash flows would be 4 percent per year. What would the (clean) price of this bond be if this bond were priced at this risk-free benchmark rate?
B. Suppose that the clean price of the bond is 95. What is the yield of this bond?
C. What is the implied spread to the risk-free benchmark described above?
D. What is the accrued interest and dirty price of this bond right now?
E. What is the Macaulay Duration of the bond?
F. What is the Modified Duration of the bond?
G. Use this Modified Duration to calculate an approximate measure of the bond’s percent price change if the benchmark yield were to rise 0.5% with no change in spreads.
A. The clean price of the bond at the risk-free benchmark rate is $104.46
B. The yield of the bond is 5.26%.
C. The implied spread to the risk-free benchmark is 1.26%
D. The accrued interest of this bond is $0.32 and the dirty price is $95.32
E. The Macaulay Duration of the bond is 18.32
F. The Modified Duration of the bond is 17.48
G. The approximate measure of the bond's percent price change if the benchmark yield were to rise 0.5% with no change in spreads is -8.74%.
A. The clean price of the bond at the risk-free benchmark rate of 4% can be calculated using the formula:
Price = (C/2) * [(1 - (1 + r/2)^-2n)/(r/2)] + (FV/(1 + r/2)^2n)
Where C is the annual coupon, r is the risk-free benchmark rate, n is the number of years until maturity, and FV is the par value of the bond. Plugging in the given values:
Price = (5/2) * [(1 - (1 + 0.04/2)^-2*20)/(0.04/2)] + (100/(1 + 0.04/2)^2*20)
Price = $104.46
Therefore, the clean price of the bond at the risk-free benchmark rate is $104.46.
B. The yield of the bond can be calculated using the formula:
Yield = [(C/2) + ((FV - Price)/(2n))] / [(FV + Price)/2]
Where C is the annual coupon, FV is the par value of the bond, Price is the clean price of the bond, and n is the number of years until maturity. Plugging in the given values:
Yield = [(5/2) + ((100 - 95)/(2*20))] / [(100 + 95)/2]
Yield = 0.0526 or 5.26%
Therefore, the yield of the bond is 5.26%.
C. The implied spread to the risk-free benchmark is the difference between the yield of the bond and the risk-free benchmark rate. In this case, the implied spread is:
Implied spread = 5.26% - 4% = 1.26%
D. The accrued interest of the bond can be calculated using the formula:
Accrued interest = (C/2) * (d/D)
Where C is the annual coupon, d is the number of days since the last coupon payment, and D is the number of days in the coupon period. In this case, the accrued interest is:
Accrued interest = (5/2) * (23/180) = $0.32
The dirty price of the bond is the sum of the clean price and the accrued interest. In this case, the dirty price is:
Dirty price = $95 + $0.32 = $95.32
E. The Macaulay Duration of the bond can be calculated using the formula:
Macaulay Duration = [(C/2) * (1 + (1/(1 + r/2))^2n - 1)/(r/2) + (2n * FV/(1 + r/2)^2n)] / Price
Where C is the annual coupon, r is the yield of the bond, n is the number of years until maturity, FV is the par value of the bond, and Price is the clean price of the bond. Plugging in the given values:
Macaulay Duration = [(5/2) * (1 + (1/(1 + 0.0526/2))^2*20 - 1)/(0.0526/2) + (2*20 * 100/(1 + 0.0526/2)^2*20)] / 95
Macaulay Duration = 18.32
F. The Modified Duration of the bond can be calculated using the formula:
Modified Duration = Macaulay Duration / (1 + r/2)
Where Macaulay Duration is the Macaulay Duration of the bond and r is the yield of the bond. Plugging in the given values:
Modified Duration = 18.32 / (1 + 0.0526/2)
Modified Duration = 17.48
Therefore, the Modified Duration of the bond is 17.48.
G. The approximate measure of the bond's percent price change can be calculated using the formula:
Percent price change = -Modified Duration * (change in yield)
Where Modified Duration is the Modified Duration of the bond and change in yield is the change in the benchmark yield. Plugging in the given values:
Percent price change = -17.48 * (0.005)
Percent price change = -0.0874 or -8.74%
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Under what conditions would a manufacturing companywant its capacity to lag demand ? To lead demand ?
A manufacturing company would want its capacity to lag demand under conditions where demand is expected to decrease in the future. This means that the company's capacity is lower than the demand for its products, so it is not producing more than it can sell.
On the other hand, a manufacturing company would want its capacity to lead demand under conditions where demand is expected to increase in the future. This means that the company's capacity is higher than the demand for its products, so it can produce more than it is currently selling. This helps the company prepare for future demand and avoid shortages.
In summary, a manufacturing company would want its capacity to lag demand when demand is decreasing, and lead demand when demand is increasing.
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Case analysisFTW corporation sells computer peripherals and related devices, such as printers, ink, flash drives and cables. FTW has a staff of three purchasing agents, each of whom oversees a specific set of inventory items.Each purchasing agent uses his/her discretion in making decisions about when to order inventory, how much inventory to order, and which vendor to purchase from. When ordered inventory arrives at FTW, one of two receiving clerks matches the items, quantities, and vendors against a copy of the purchase order, then either stocks the merchandise on the shelves or puts it in the storeroom. FTW's accountant receives a copy of the invoice from the vendor, as well as an e-mail from one of the receiving clerks indicating that merchandise has been received. The e-mail also includes the relevant purchase order number. The accountant files the invoice by date in a filing cabinet; once a week, the accountant removes invoices from the filing cabinet and pats them by check. To cut down on clutter in the office, the accountant shreds the vendor invoice after the check has been paid by the bank. The accountant also completes a bank reconciliation within two weeks of receiving the bank statement in the mail.1. upon reading the case, discuss the need of an operations audit.
The answers to the given question about the inventory is given below:
INPUT1. The receipt -because the receipt will be utilized with its instalment sum and agreements to clear the instalment. Thus this is a contribution to the instalment process
2. Agent's email having PO number - the bookkeeper will utilize buy request as the contribution to request to start instalment. He needs to coordinate the receipt sum with that in the PO. Along these lines, this is likewise a contribution to the instalment process.
PROCESS
1. Deliveringinstalmentss to the sellers - involving the contributions as referenced in the above para, the bookkeeper does this, subsequently,y this is the interaction.
2. Putting in a request This is a piece of the 'securing' process
Yield
1. Buy request - this a result of the procurement or buying process
2. Check - Check is created solely after the instalment cycle is finished. Henceforth this is a result of the instalment cycle
Capacity
1. Stock document - This will be remembered for the 'ace' record of capacity part
2. Receipt document is likewise remembered for capacity
Interior CONTROL
1. A representative furnishes an email with the PO number - this framework has been intended to shield the gamble of excessive charge or underpayment during the instalment interaction. consequently, this is essential for interior control
2. One of their representative's coordinates got things with that in the PO - this framework has been carried out to alleviate the gamble of misfortune due to getting an amount more than or not exactly the requested amount. This is additionally essential for inward control.
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How do you feel about extension and continuous training to
prevent cyber attacks?
Do you think this will make a noticeable difference?
What other prevention measures can be taken?
Extension and continuous training can play a significant role in preventing cyber attacks. By keeping employees up-to-date on the latest threats organizations can reduce the likelihood of successful attacks.
strong password policies, using firewalls and antivirus software other prevention measures can be taken.
This type of training can also help employees identify and respond to suspicious activity, preventing potential breaches before they occur.
In addition to extension and continuous training, there are several other measures that can be taken to prevent cyber attacks.
These include implementing strong password policies, using firewalls and antivirus software, and regularly updating software and systems to address vulnerabilities. It is also important to have a comprehensive incident response plan in place in the event of a cyber attack.
Overall, while extension and continuous training alone may not be enough to prevent all cyber attacks, it can make a noticeable difference when combined with other prevention measures.
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The Bartram-Pulley Company (BPC) must decide between two mutually exclusive investment projects. Each project costs $6,750 and has an expected life of 3 years. Annual net cash flows from each project begin 1year after the initial investment is made and have the following probability distributions:
Project A
Project B
Probability
Net Cash Flows
Probability
Net Cash Flows
0.2
$6,000
0.2
$0
0.6
$6,750
0.6
$6,750
0.2
$7,500
0.2
$18,000
BPC has decided to evaluate the riskier project at a 12% rate and the less risky project at a 10% rate.
1. What is the risk-adjusted NPV of each project?
2. If it were known that Project B is negatively correlated with other cash flows of the firm whereas Project A is positively correlated, how would this affect the decision?
3. If Project B’s cash flows were negatively correlated with gross domestic product (GDP), would that influence your assessment of its risk?
Please show formulas
1. To calculate the risk-adjusted NPV of each project, we need to first calculate the expected net cash flows for each project and then discount them at the appropriate rate.
For Project A:
Expected net cash flows = (0.2 * $6,000) + (0.6 * $6,750) + (0.2 * $7,500) = $6,750
Risk-adjusted NPV = [tex]-$6,750 + ($6,750 / 1.10) + ($6,750 / 1.10^2) + ($6,750 / 1.10^3) = $1,161.39[/tex]
For Project B:
Expected net cash flows = (0.2 * $0) + (0.6 * $6,750) + (0.2 * $18,000) = $8,250
Risk-adjusted NPV = [tex]-$6,750 + ($8,250 / 1.12) + ($8,250 / 1.12^2) + ($8,250 / 1.12^3) = $2,667.82[/tex]
2. If Project B is negatively correlated with other cash flows of the firm, it would provide diversification benefits and reduce the overall risk of the firm's cash flows. This would make Project B more attractive and could potentially change the decision in favor of Project B.
3. If Project B's cash flows were negatively correlated with GDP, it would mean that the project would perform better during economic downturns and worse during economic expansions. T
his would add an additional layer of risk to the project, as it would be more sensitive to changes in the macroeconomic environment. This could potentially make Project B less attractive and could influence the decision.
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The company’s profits have increased by ~30% from 2002 to 2006(E). How much of the profits estimated for the year 2006(E) will translate to the 'cash flow from operations' for the same year? Which of the three categories in the cash flow statement has contributed majorly to the decrease in the 'change in cash' by the company from 2003 to 2006(E)?
Answer:
$226,000
Explanation:
This refers to Ceres Gardening case study
organization communication 1200 wordsPart A.- Critically compare and contrast empathic and critical listening.- Design a set of guidelines for evaluating speaker’s message but also note when it would be fitting to withhold judgment. Please make sure that your suggested guidelines are well structured and justified.- Give examples of 4 types of nonverbal behavior and summarize the importance of each in a specific organization or career field. Please make sure that you demonstrate the significance of non-verbal behavior by providing examples from a specific organization or field that you are familiar with or you do have personal experience.
Empathic and Critical Listening: Empathic listening is the act of actively engaging with and understanding another person’s point of view. It is listening with the intent of truly understanding what is being said, without passing judgement or taking an argumentative stance. Critical listening, on the other hand, is the process of evaluating and analyzing what is being said. It requires close attention to details and a more objective approach.
Guidelines for Evaluating a Speaker’s Message:Pay close attention to the speaker’s message and strive to understand what they are trying to communicate.
Nonverbal Behavior: Nonverbal behavior is the communication of messages without words. This can include body language, facial expressions, and gestures. In an organization or career field, the importance of nonverbal behavior can range from maintaining respect in the workplace, to conveying the right attitude during an interview. Examples of nonverbal behavior include:
Eye contact: Maintaining eye contact conveys that you are paying attention and showing respect.Facial expressions: A smile or nod can communicate understanding or agreement.Gestures: Pointing or gesturing with your hands can help emphasize a point.Posture: Standing or sitting up straight can show that you are alert and engage.Nonverbal behavior is an essential part of communication, and in an organizational or career setting it is important to be mindful of it. It can be used to convey respect and understanding, or even to emphasize a point in a conversation.For such more questions on organization communication:
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Entrepreneur: Ken Kutaragi While employed as a sounds lab specialist at Sony, Ken Kutaragi bought his daughter a Nintendo (a game console made by a competitor of Sony). He found the sound effects primitive and thought he could make improvements to it using a digital sound clip. Consequently, Ken developed the SPC7000 for the next generation of Nintendo machines. On discovery of this innovation, the then CEO of Sony, Norio Ohga, realized its value and did not chastise Ken. Instead, he encouraged Ken to develop a gaming system for Sony, which became the PlayStation. This made Sony a major player in the games market, with PlayStation 2 becoming the best-selling game console of all time. Ken was persistent and he went on to develop other PlayStation products earning him the name The Father of the PlayStation. He was soon rewarded for his significant achievement. He was promoted to the position of Chairman and Chief Executive Officer of Sony Computer Entertainment (SCEI), the video game division of Sony Corporation, and made it into a major profit centre for the Sony Corporation.
(a) Distinguish between creativity and innovation. [6 marks]
(b) Name FIVE things which the management of Sony Computer Entertainment Inc did (in relation to Ken) to promote a culture of creativity. [5 marks]
(c) With reference to the case, identify TWO sources of innovation that was utilized by Kutaragi. [4 mmarks
please help!!
A creativity was to represent on the different way and innovation was the existing things to the involved new things.
What is innovation?The term innovation refers to the process of creating an idea and invention on particular commodities. The innovations are always easy to work for human. They already exist in goods and services, they also modification is called the innovation.
There are five things to promote the management of Sony Computer Entertainment was the promote a culture of creativity was the new way a digital sound clip, design, eco friendly, reusable, and the other things. Two way of innovation are sound pitch, and volume.
As a result, the conclusion of the sources of innovation and the creativity are the aforementioned.
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A government that is concerned about inflation wants to
A government that is concerned about inflation wants to take measures to reduce the rate of inflation. Inflation refers to the increase in prices of goods and services over time. To reduce inflation, the government can take various measures, including:
1. Monetary Policy: The government can adjust the money supply in the economy through its central bank. They can increase interest rates or decrease the money supply to reduce inflation.
2. Fiscal Policy: The government can also adjust its spending and taxation policies to manage inflation. They can increase taxes or reduce government spending to slow down economic growth and reduce inflation.
3. Supply-side policies: The government can implement policies that aim to increase the supply of goods and services in the economy. This can help to reduce prices and inflation.
4. Wage and Price Controls: The government can also impose price and wage controls to reduce inflation. This involves setting a cap on the prices of goods and services and limiting the amount that employers can pay their workers. However, this approach is controversial and can have unintended consequences, such as shortages of goods and services.
These are some of the measures that a government can take to reduce inflation. The specific measures taken depend on the economic conditions and the particular circumstances of the country.
Suppose your portfolio generates a net return (after expenses)
of -5.00%, and your benchmark generates a net return of
-10.00%. your portfolio's alpha will be
5% explain why and show math
The alpha of a portfolio is the excess return that the portfolio generates relative to a benchmark index. It is a measure of the portfolio's risk-adjusted performance.
In this case, the portfolio's net return is -5.00% and the benchmark's net return is -10.00%. To calculate the alpha, we subtract the benchmark's return from the portfolio's return:
Alpha = Portfolio Return - Benchmark Return
Alpha = -5.00% - (-10.00%)
Alpha = -5.00% + 10.00%
Alpha = 5.00%
Therefore, the portfolio's alpha is 5.00%. This means that the portfolio outperformed the benchmark by 5.00%, despite generating a negative return. In other words, the portfolio lost less money than the benchmark, which is a positive outcome in a declining market.
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Identify 2 ways in which social media makes a manager's job easier to do, and 2 ways in which it makes their job harder.
Answer:
First, let's start with the ways in which social media makes a manager's job easier.
Increased Visibility: Social media provides managers with a platform to reach a larger audience and gain more visibility for their brand. They can use social media to promote their products or services, engage with customers, and build their brand reputation. Social media also provides managers with real-time feedback on their products or services, allowing them to quickly respond to customer concerns and improve their offerings.
Easy Communication: Social media makes it easier for managers to communicate with their employees and team members. They can use social media platforms like Slack or Microsoft Teams to collaborate, share files, and stay in touch with each other, even if they're not in the same physical location. This is particularly useful for remote teams, as it allows managers to communicate with team members who may be located in different parts of the world.
Now, let's talk about the ways in which social media makes a manager's job harder.
Time Consuming: Social media can be incredibly time-consuming, with managers having to spend a significant amount of time monitoring and responding to social media activity. This can be particularly challenging for smaller companies or for managers who have other responsibilities that require their attention.
Negative Feedback: Social media can also be a double-edged sword for managers, as it provides a platform for negative feedback and criticism. While this feedback can be valuable in helping managers improve their products or services, it can also be damaging to a brand's reputation if it's not addressed appropriately. Managers need to be prepared to handle negative feedback on social media and respond in a timely and professional manner.
So, there you have it! Two ways in which social media makes a manager's job easier are increased visibility and easy communication, while two ways in which it makes their job harder are the time-consuming nature of social media and the potential for negative feedback.
Two ways social media makes a manager's job easier is Increased communication and Marketing and advertising and other one harder is Managing online reputation and Distractions
Here are 2 ways in which social media makes a manager's job easier and 2 ways in which it makes their job harder:
2 ways social media makes a manager's job easier:
Increased communication: Social media allows for easier and faster communication between managers and employees, as well as with customers. This can lead to quicker decision-making and problem-solving.Marketing and advertising: Social media is a powerful marketing and advertising tool that allows managers to reach a larger audience and promote their products and services more effectively.2 ways social media makes a manager's job harder:
Managing online reputation: With the prevalence of social media, managers have to be more vigilant about their company's online reputation and be prepared to respond to negative comments or reviews.Distractions: Social media can be a major distraction for employees, and it is the manager's job to ensure that it does not interfere with productivity and work performance.Learn more about Social Media: https://brainly.com/question/3653791
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eBook Problem Walk-Through Parramore Corp has $14 million of sales, $3 million of inventories, $3 million of receivables, and $1.5 million of payables. Its cost of goods sold is 65% of sales, and it finances working capital with bank loans at an 8% rate. Assume 365 days in year for your calculations.
What is Parramore's cash conversion cycle (CCC)? Do not round intermediate calculations. Round your answer to two decimal places. days
If Parramore could lower its inventories and receivables by 7% each and increase its payables by 7%, all without affecting sales or cost of goods sold, what would be the new CCC? Do not round intermediate calculations. Round your answer to two decimal places. days
How much cash would be freed up, if Parramore could lower its inventories and receivables by 7% each and increase its payables by 7%, all without affecting sales or cost of goods sold? Write out your answer completely. For Example, 13.2 million should be entered as 13,200,000. Do not round intermediate calculations. Round your answer to the nearest dollar. $
By how much would pretax profits change, if Parramore could lower its inventories and receivables by 7% each and increase its payables by 7%, all without affecting sales or cost of goods sold? Write out your answer completely. For Example, 13.2 million should be entered as 13,200,000. Do not round intermediate calculations. Round your answer to the nearest dollar.
Parramore's cash conversion cycle is 118.6 days. Parramore new cash conversion cycle is 104.65 days. The cash that would be freed up is $251,433. The pretax profits would be $1,115.60.
The cash conversion cycle (CCC) is a measure of how quickly a company can convert its inventory into cash. It is calculated as the sum of the days sales outstanding (DSO), days inventory outstanding (DIO), and days payables outstanding (DPO).
To calculate the CCC for Parramore Corp, we first need to calculate the DSO, DIO, and DPO.
DSO = (Receivables / Sales) * 365 = (3 / 14) * 365 = 78.21 days
DIO = (Inventories / Cost of Goods Sold) * 365 = (3 / (0.65 * 14)) * 365 = 80.77 days
DPO = (Payables / Cost of Goods Sold) * 365 = (1.5 / (0.65 * 14)) * 365 = 40.38 days
CCC = DSO + DIO - DPO = 78.21 + 80.77 - 40.38 = 118.6 days
If Parramore could lower its inventories and receivables by 7% each and increase its payables by 7%, the new CCC would be:
New DSO = (0.93 * 3 / 14) * 365 = 72.74 days
New DIO = (0.93 * 3 / (0.65 * 14)) * 365 = 75.12 days
New DPO = (1.07 * 1.5 / (0.65 * 14)) * 365 = 43.21 days
New CCC = 72.74 + 75.12 - 43.21 = 104.65 days
The amount of cash freed up would be the difference between the old and new CCC multiplied by the cost of goods sold:
Cash freed up = (118.6 - 104.65) * (0.65 * 14) = $251,433
The change in pretax profits would be the difference between the old and new CCC multiplied by the bank loan rate:
Change in pretax profits = (118.6 - 104.65) * 0.08 = $1,115.60
Therefore, the new CCC would be 104.65 days, the amount of cash freed up would be $251,433, and the change in pretax profits would be $1,115.60.
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Exercise: Coca cola Company has two support departments, HR and Maintenance, and two production departments A and B. HR Department costs are allocated based on the number of employees. Maintenance Department costs are allocated on the basis of budgeted maintenance-hours. Data on budgeted costs and allocation bases are as follows: Support Departments Production Departments HR Maintenance А B Dep. Dep. Budgeted costs $ 100,000 $ 80,000 $ 24,000 $ 160,000 Number of employees NA 20 80 100 Budgeted maintenance-hours 10 NA 50 40 # of units produced 1000 2000 Required: 1. Using the direct method, what amount of HR Department costs will be allocated to department A and B. 2. Using the step-down method, allocate the costs of support departments to production departments; assume HR will be allocated first. Then compute the cost/unit.
Question: Exercise: Coca cola Company has two support departments, HR and Maintenance, and two production departments A and B. HR Department costs allocated based on the number of employees.
Maintenance Department costs are allocated on the basis of budgeted maintenance-hours. Data on budgeted costs and allocation bases are as follows:
Support Departments Production Departments HR Maintenance А B Dep. Dep. Budgeted costs $ 100,000 $ 80,000 $ 24,000 $ 160,000 Number of employees NA 20 80 100 Budgeted maintenance-hours 10 NA 50 40 # of units produced 1000 2000 Required:
1. Using the direct method, what amount of HR Department costs will be allocated to department A and B.
Answer: Using the direct method, the amount of HR Department costs allocated to department A is $80,000 ($100,000 x 80/100) and the amount of HR Department costs that will be allocated to department B is $20,000 ($100,000 x 20/100).
Question: 2. Using the step-down method, allocate the costs of support departments to production departments; assume HR will be allocated first. Then compute the cost/unit.
Answer: Using the step-down method, the amount of HR Department costs allocated to department A is $64,000 ($100,000 x 80/100) and the amount of HR Department costs that will be allocated to department B is $36,000 ($100,000 x 20/100).
The allocated costs for department A is then $80,400 ($64,000 + $16,000 for Maintenance) and for department B it is $45,600 ($36,000 + $9,600 for Maintenance). The cost per unit for department A is then $80.40 (80,400/1000) and for department B it is $45.60 (45,600/1000).
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Some theorists have emphasized the dual influence of ----- and ----- on personality development. *Heredity and Early childhood experiencesSocial and Political influencesEarly childhood experiences and SocietyHeredity and environmental influencesWhen researchers use counting or video recording devices to capture customers' behaviors or responses, they use ----research. *Mechanical observationPhysiological observationExperimentsProjective techniqueIndividuals are somewhat more aware of their ----- needs than they are of their ----- needs. *Physiological, PsychologicalPsychological, PhysiologicalExtrinsic, PhysiologicalIntrinsic, Psychological
Some theorists have emphasized the dual influence of Heredity and environmental on personality development.
When researchers use counting or video recording devices to capture customers' behaviors or responses, they use Mechanical observation research.
Individuals are somewhat more aware of Physiological needs than they are of Psychological needs.
Theorists have emphasized the dual influence of heredity and environmental influences on personality development. Heredity influences an individual's personality through genetic factors, while environmental influences include factors such as social interactions, cultural norms, and personal experiences.
Researchers use mechanical observation when they use counting or video recording devices to capture customers' behaviors or responses. This type of research allows for objective and accurate data collection without the potential biases of human observation.
Individuals are somewhat more aware of their physiological needs, such as hunger, thirst, and sleep, than they are of their psychological needs, such as belonging, self-esteem, and self-actualization. This is because physiological needs are essential for survival and are therefore more immediately apparent, while psychological needs may be less obvious and more difficult to fulfill.
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MBA Course: MKTG 6900-01 Marketing Strategy
Discuss "LIFE WTR's (by PepsiCo USA) MARKETING BUSINESS
OBJECTIVES AND GOALS. (Please don't discuss Saudi Arabian Life
Water)
LIFE WTR is a premium water brand by PepsiCo USA. The brand's marketing business objectives and goals include - brand awareness, market share, more profits and expanding the business.
LIFE WTR is a premium water brand by PepsiCo USA. The brand's marketing business objectives and goals include:
1. Increasing brand awareness: LIFE WTR aims to increase brand awareness by promoting the brand through various marketing channels, such as social media, television commercials, and print advertisements.
2. Gaining market share: LIFE WTR aims to gain market share by offering a premium product that differentiates itself from other water brands in the market.
3. Building customer loyalty: LIFE WTR aims to build customer loyalty by offering a high-quality product and providing excellent customer service.
4. Expanding the product line: LIFE WTR aims to expand its product line by introducing new flavors and sizes to meet the needs of different consumers.
5. Generating profits: LIFE WTR aims to generate profits by increasing sales and reducing costs through efficient operations.
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. An example of a capital market instrument is: a. A long-termcorporate bond. b. A mortgage loan. c. A treasury -bill. d. Acredit- card loan.
An example of a capital market instrument is a A: long-term corporate bond.
Capital markets are financial markets where long-term debt or equity-backed securities are traded. These markets are used to raise long-term funds for businesses and governments. Capital market instruments include stocks, bonds, and other long-term investments.
A long-term corporate bond is a debt security issued by a corporation to raise funds for long-term investments. These bonds typically have a maturity of more than one year and offer a fixed rate of interest to investors.
A mortgage loan (option b) and a credit card loan (option d) are both examples of debt instruments, but they are not considered capital market instruments because they are typically short-term in nature. A treasury bill (option c) is also a debt instrument, but it is issued by the government and has a maturity of less than one year.
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Which of these should you consider while communicating in a diverse workplace?
Always try to learn about the history and culture of the people you meet. always pays close attention when others are speaking. Keep your thoughts and body active as you speak. Strive to overcome the linguistic barrier.
What is meant by diverse workplace?
Diversity refers to the range of parallels and distinctions that every employee brings to the workplace, including but not limited to factors such as language, national origin, race, color, disability, ethnicity, gender, age, religion, sexual orientation, gender identity, socioeconomic status, veteran status, and family structures.
A staff with a variety of backgrounds is better able to comprehend the needs of your consumers and develop solutions to meet those needs. The presence of diversity in the workplace will help boost employee morale and foster a drive to perform more effectively and efficiently.
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how do bullies form?
Bullying is best described as any kind of mistreatment, whether it be vocal, physical, or emotional. It entails repeatedly using increasingly violent or manipulative behavior with the aim of dominating another person or group. Bullying among adults is surprisingly prevalent, even though most of the time when we think of bullying, we think of the schoolyard or high school. Bullying at work is hurtful, intentional behavior that takes place there. It could be sarcastic, insulting, ridiculing, or threatening. It develops a pattern and is typically aimed at one or a small group of individuals. Here are a few instances of bullying: targeted practical pranks. purposefully misinformed about their responsibilities, Bullies at work employ more subtle strategies, whereas childhood bullies are simple to spot. Some of them are challengingSome of them are challenging to establish. Other habits enable bullies to remain unnoticed. However, it is critical to understand what behaviors comprise abuse because one workplace can be enough to create a toxic atmosphere. Because your health comes first. Bullying is defined by the World Bullying Foundation as "repeated, health-harming abuse of one or more people (the targets) by one or more offenders." The victim is intimidated, threatened, or humiliated as a result of the abusive behavior, including emotional abuse.
Answer:
Normally bullies form because they have a problem of there own at home or somewhere else, and they throw their problems onto someone else so that they feel bigger then someone since they have no one to talk to. Also I’m not assuming they have no one to talk to it’s just that if they did they prob would not be bullying.
Explanation:
Question 17 3 pts What is the coupon rate for a bond with 6 years until maturity, a price of $984.32, and a yield to maturity of 7%? Interest is paid semi-annually. Enter your answer as a number with 4 decimals.
The Annual coupon rate of the coupon rate for a bond with 6 years until maturity, is $47.3455 .
The coupon rate for a bond can be calculated using the following formula:
Coupon rate = (Annual coupon payment / Par value) * 100
In this case, we are given the price of the bond ($984.32), the yield to maturity (7%), and the number of years until maturity (6). However, we are not given the annual coupon payment or the par value. Therefore, we cannot directly calculate the coupon rate using the formula.
Instead, we can use the following formula to calculate the annual coupon payment:
Annual coupon payment = (Price * Yield to maturity) / (1 + (Yield to maturity / 2))^(2 * Years until maturity)
Plugging in the given values, we get:
Annual coupon payment = ($984.32 * 0.07) / (1 + (0.07 / 2))^(2 * 6)
Annual coupon payment = $69.9024 / 1.476173
Annual coupon payment = $47.3455
Now, we can use this value to calculate the coupon rate:
Coupon rate = ($47.3455 / Par value) * 100
Unfortunately, we are still missing the par value. Without this information, we cannot calculate the coupon rate. Therefore, the answer to this question is "cannot be determined."
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Which employment statistic about small businesses is true? Multiple Choice The number of women owning small businesses has remained constant. Small businesses create about 15% of all new jobs in the United States. A great majority of American workers find their first jobs with a small business. Growth of minority-owned businesses in the United States is declining.
Option C :The fact that the majority of American workers obtain their first employment through a small business is true.
How many small businesses exist in the United States?There are 32,540,953 million small businesses in the United States. Of these, 81 percent—or 26,485,532 businesses—have no employees and 19 percent—or 6,055,421 businesses—have paid employees. 16% of small businesses have between one and 19 employees, whereas the majority have no employees at all. Additionally, only 650,003 of the 33.2 million small businesses employ between 20 and 499 people. At least 38% of small businesses in the United States now have majority ownership held by women. In the United States, 11.3 million businesses are owned by women, and the annual revenue of women-owned small businesses exceeds $1.6 trillion.
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