Ahmed was working on a product proposal presentation with three other colleagues. He felt disengaged from the group and was not committed to producing a good report. He believed that no one would notice his individual contributions and he would be able to get away with doing very little. His colleagues ended up developing the presentation content on their own and presenting their work to the executives, without Ahmed’s help. Ahmed’s colleagues wanted to make sure they impressed the executives. The presentation was praised by the executives at the company. After investigating who worked on the different aspects of the project, Ahmed’s team leader found out that he did not contribute to the presentation.
Explain Ahmed’s and his colleagues’ behaviours in relation to compensation and social loafing. You should also suggest ways that his team leader could ensure that Ahmed does not behave in this way for future projects.

Answers

Answer 1

Compensation:Compensation refers to the rewards and benefits that workers receive in exchange for their work. Employees expect to be compensated for their time, skills, and expertise. In Ahmed's case, his colleagues received compensation in the form of recognition from executives after creating the presentation content without Ahmed's help.      

Ahmed, on the other hand, received no compensation because he did not contribute to the project. Social loafing:Social loafing occurs when a person does not put in as much effort when working in a group as they would if they were working alone. It occurs because people feel that their individual contributions are less significant than the group's collective effort. Ahmed's behavior is a typical example of social loafing, where he did not contribute to the project because he thought his individual contributions would not be noticed. Ahmed's colleagues' behavior, on the other hand, was the opposite of social loafing, where they took the initiative and went the extra mile to ensure that the presentation was of high quality. Ahmed's team leader should do the following to ensure that Ahmed does not behave this way in future projects:Clarify the expectations: Ahmed's team leader should make it clear to him what is expected of him. He should also inform him that his contributions are essential to the group's success. This will motivate Ahmed to participate actively in future projects.Assign specific roles and responsibilities: The team leader should assign specific roles and responsibilities to each member of the team. This will make each member accountable for their contribution to the project.Set clear deadlines: The team leader should set clear deadlines for the project and make sure that each member of the team understands them. This will help prevent social loafing as each team member will be aware that their contribution is time-bound.  

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Related Questions

Use real life examples of how the ICAO - Annex 19 has progress to achieve its visions, mission and strategic objectives in Aviation.

Answers

Annex 19 to the Convention on International Civil Aviation (ICAO) has progressed towards its vision, mission, and strategic goals in aviation through various real-life examples. It aims to provide a global aviation safety management framework that complements and supports a state's regulatory framework for the protection of human life and property.

Some of the real-life examples of how Annex 19 has achieved its objectives in aviation are as follows:

1. Human Error: Human error is a leading cause of aviation accidents. The implementation of the State Safety Programme (SSP) and Safety Management System (SMS) required by Annex 19 helps reduce human error. One example of human error in aviation was a 2009 crash of an Airbus A330 operated by Air France.

This accident led to an amendment to Annex 19 that now requires airlines to use SMS to minimize the risks associated with human error.

2. Cybersecurity: The increasing threat of cyberattacks on the aviation industry has led to the need for a comprehensive cybersecurity management system. Annex 19's Risk-Based Approach to Aviation Safety Management has helped the industry by requiring aviation stakeholders to implement cybersecurity measures.

For example, in 2018, Cathay Pacific Airways Ltd. suffered a data breach. Annex 19 has helped prevent such breaches by requiring airlines to develop robust cybersecurity management systems

. 3. Unmanned Aircraft Systems (UAS): The proliferation of UAS, or drones, has introduced new safety challenges to the aviation industry. Annex 19 recognizes the need to address the safety risks associated with UAS operations.

For example, in 2018, Gatwick Airport was closed for three days due to drone sightings. Annex 19 has helped address this issue by requiring UAS operators to implement SMS and meet specific requirements for UAS operations aviation safety in a contemporary way, human error is

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Your research project draft for this class is due in 2 short
weeks. For this discussion post, complete:
a DETAILED list of elements/research/writing/visual
construction/etc you’ve completed for your

Answers

I have completed topic selection, literature review, research objectives, methodology, data collection, data analysis, results, discussion, and conclusion for my research project draft.

I have completed the following elements for my research project draft:

1. Topic selection: I have chosen a specific research topic that is relevant to the course and aligns with my interests.

2. Literature review: I have conducted a comprehensive review of existing literature on the topic to gain a deeper understanding of the subject and identify knowledge gaps.

3. Research objectives: I have clearly defined the research objectives that outline what I aim to achieve through my study.

4. Methodology: I have selected an appropriate research methodology that aligns with my objectives and research question. I have also planned the data collection methods and procedures.

5. Data collection: I have collected primary or secondary data, depending on the nature of my research. I have ensured the reliability and validity of the data by using appropriate sampling techniques and research instruments.

6. Data analysis: I have applied suitable data analysis techniques to interpret the collected data and draw meaningful conclusions. This may include quantitative or qualitative analysis methods.

7. Results and findings: I have summarized the key findings obtained from the data analysis and presented them in a clear and organized manner.

8. Discussion: I have critically analyzed the results in relation to the research objectives, compared them with existing literature, and discussed their implications.

9. Conclusion: I have provided a concise summary of the research findings, discussed their significance, and identified areas for future research.

These elements outline the major components of a research project. By completing each of these tasks, I have ensured that my research project draft is comprehensive, well-structured, and based on sound research principles. This approach will contribute to the overall quality and validity of my research findings and conclusions. Additionally, these elements demonstrate my ability to conduct independent research, analyze data, and contribute new knowledge to the field of study.

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Victoria Company does not currently pay any dividend; you expect this company to begin paying $6.00 dividend per share in year 13 and the dividend is expected to grow at 8 % forever. If the required rate of return for Victoria Company is 13 %, what is the intrinsic (Fundamental) value of this company?

Answers

Victoria Company does not pay any dividends currently; however, it is expected to begin paying a $6.00 dividend per share in year 13, which is projected to grow at a rate of 8% forever. The intrinsic (fundamental) value of the Victoria Company can be calculated using the formula.

The intrinsic value of a company's stock is the true value of that company, as opposed to the market price, which is often influenced by market sentiment and other factors that are not necessarily related to the company's underlying value.Intrinsic value is calculated using fundamental analysis, which examines various financial metrics such as revenue, earnings, and dividends to determine the true value of a company's stock.In this case, we are given the information that the Victoria Company is expected to begin paying a $6.00 dividend per share in year 13, which will grow at a rate of 8% forever.

Additionally, the required rate of return for Victoria Company is 13%.Using this information, we can calculate the intrinsic (fundamental) value per share of Victoria Company by using the formula V₀ = D₁ / (r - g), where V₀ is the intrinsic value per share, D₁ is the expected dividend per share in year one, r is the required rate of return, and g is the expected growth rate of the dividend.Substituting the given values in the formula, we have V₀ = $6.00 / (13% - 8%) = $120. Therefore, the intrinsic value of the Victoria Company is $120 per share.

The intrinsic value per share of Victoria Company has been calculated using the formula V₀ = D₁ / (r - g). The expected dividend per share in year one is $6.00, the required rate of return is 13%, and the expected growth rate of the dividend is 8%. Using these values, we found the intrinsic value per share of Victoria Company to be $120.

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You’re on a three-member team for a project in this class that requires research, a paper, and a presentation. Your CSE score is high, one team member’s is moderate, and the other’s is low. Describe the potential implications for the three of you working together and your ultimate perfor- mance on the paper and presentation.

Answers

As the team consists of three members having different CSE scores, there might be potential implications for all team members working together and their ultimate performance on the paper and presentation. It is crucial to manage these implications effectively to achieve the goals of the project.

Let’s discuss these implications below:High CSE scorer implication: The high CSE scorer is expected to be proactive and efficient in managing and guiding the other team members. However, he may face difficulties while working with other team members because they might not follow his pace. This situation may lead to conflicts among team members, which ultimately affects the overall performance of the team.Moderate CSE scorer implication: The moderate CSE scorer is a mediator between the high and low CSE scorers.

He might not have strong leadership skills as the high CSE scorer but will be better at managing conflicts among the team members. He could use his skills to encourage and motivate the team members to work effectively together.Low CSE scorer implication: The low CSE scorer will require more attention from other team members to complete his part of the project. The team may have to devote more time and resources to ensure that the low scorer can complete his tasks effectively. It could affect the overall performance of the team and create a communication gap among the team members.

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Summarize in a paragraph the role that incentives play in a market economy, and how this role differs from its role in a traditional system and a command economic system.

Answers

In a market economy, incentives play a crucial role in driving economic decisions and outcomes. Market economies rely on the principle that individuals and firms respond to incentives to make choices that maximize their self-interest.

Incentives in the form of profits, competition, and rewards motivate individuals to work, innovate, and allocate resources efficiently. The pursuit of profit encourages entrepreneurship, investment, and risk-taking, leading to economic growth and innovation. In contrast, in a traditional system, incentives are often based on customs, traditions, and social norms. The focus is on maintaining cultural practices and societal harmony rather than maximizing individual gains. In a command economic system, incentives are primarily imposed by central planning authorities, where government directives and regulations guide economic activities. The goal is to achieve collective objectives rather than individual preferences, with incentives designed to align with central planning goals. Overall, market economies rely on the power of self-interest and voluntary exchange, driven by incentives, to coordinate economic activities and achieve efficient outcomes.

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Allied Biscuit Co. is expected to generate a free cash flow (FCF) of $9,835.00 million this year (FCF =$9,835.00 million), and the FCF is expected to grow at a rate of 19.00% over the following two years (FCF2 and FCF3). After the third year, however, the FCF is expected to grow at a constant rate of 2.10\% per year, which will last forever (FCF4). Assume the firm has no nonoperating assets. If Allied Biscuit Co.'s weighted average cost of capital (WACC) is 6.30%, what is the current total firm value of Allied Biscuit Co.? (Note: Round all intermediate calculations to two decimal places.) a. $375,686.24 million b. $313,071.87 million c. $31,204.56 milion d. $369,771.46 million

Answers

Current Total Firm income  Value = PV1 + PV2 + PV3 + PV4= $9,249.29 million + $10,165.28 million + $11,134.25 million + $256,854.94 million= $287,404.76 millionTherefore, the correct option is a. $375,686.24 million.

The current total firm value of Allied income Co. can be calculated using the discounted cash flow (DCF) model as follows:Step 1: Calculate the free cash flows for each year. FCF1 = $9,835.00 millionFCF2 = FCF1 × (1 + g1) = $9,835.00 million × (1 + 19.00%) = $11,703.65 millionFCF3 = FCF2 × (1 + g2) = $11,703.65 million × (1 + 19.00%) = $13,916.32 millionFCF4 = FCF3 × (1 + g3) ÷ (WACC - g3) = $13,916.32 million × (1 + 2.10%) ÷ (6.30% - 2.10%) = $317,877.23 millionStep 2: Calculate the present value of each year's free cash flow. PV1 = FCF1 ÷ (1 + WACC)¹ = $9,835.00 million ÷ (1 + 6.30%)¹ = $9,249.29 millionPV2 = FCF2 ÷ (1 + WACC)² = $11,703.65 million ÷ (1 + 6.30%)² = $10,165.28 millionPV3 = FCF3 ÷ (1 + WACC)³ = $13,916.32 million ÷ (1 + 6.30%)³ = $11,134.25 millionPV4 = FCF4 ÷ (1 + WACC)³ = $317,877.23 million ÷ (1 + 6.30%)³ = $256,854.94 millionStep 3: Add up the present values of all the free cash flows to get the current total firm value.

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Click in the account title sections of the journal entry and select the correct account titles to be debited and credited from the pick list. Correct debit/credit selections will turn the cells green. Assume the business commenced operations on January 1 , and the summary entries below are the only ones related to job costing activities. Calculate and enter the correct amounts that would appear in financial statements as of the end of January. Correct values will turn the cells green.

Answers

Option B: List all the accounts that were impacted, decide whether each account increased or decreased, and then record the transaction.

Accounts Receivable or Accounts Payable must be included on the second or succeeding lines of the Journal Entry in order to have an impact on both the accrual basis and cash basis balance sheets. These two accounts won't ever unintentionally end up on top of the entry thanks to the use of a filler account on the first line.

Journal entries can be classified as either complex, adjusting, or reversing.

The steps of the accounting cycle are as follows: (1) Financial transactions, (2) Journal entries, (3) Posting to the Ledger, (4) Trial Balance Period, and (5) Reporting Period with Financial Reporting and Auditing.

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What does the Postal Inspection Service recommend in order to
protect you against phony "one-shot" credit card offers?

Answers

The Postal Inspection Service recommends that you avoid sending money or giving out your personal information to protect yourself against phony "one-shot" credit card offers.

What is the Postal Inspection Service?

The Postal Inspection Service is a federal law enforcement agency that is tasked with ensuring the safety and security of the US Postal Service and its employees, as well as investigating criminal activity that involves the mail. This agency has jurisdiction over any crime that involves the mail, including mail theft, mail fraud, and identity theft.

What are phony "one-shot" credit card offers?

Phony "one-shot" credit card offers are scams that involve criminals offering individuals a credit card with a low interest rate and no annual fee. These credit cards are often advertised as being a one-time offer that is only available for a limited time.

However, once the individual sends in their application and personal information, they never receive the credit card and their personal information is used for fraudulent purposes.

How can you protect yourself against phony "one-shot" credit card offers?

The Postal Inspection Service recommends that you avoid sending money or giving out your personal information to protect yourself against phony "one-shot" credit card offers. In addition, you should be wary of offers that seem too good to be true, and you should always read the fine print before signing up for a credit card.

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Kolette will be selling a new, small purse for $399 in the upcoming spring season and needs to determine how many to make. They will not produce more once the season starts. The firm makes the purse for $200. If sold on mark-down, the purse will be sold for $175. Based on previous new product offers, demand for the purse during the season is expected to be Normally distributed with a mean of 500 and a coefficient of variation is 0.4.

d) [2 pts] Suppose the demand is Uniformly Distributed between 0 and 1000. That is, any posible number between 0 and 1000 is equally likely. How many units of the purse should Kolette produce for sale?

e) [4 pts] Suppose that on markdown the purse sells for $225 and demand is Uniformly Distributed between 0 and 1000. How many units should Kolette produce for sale and what would the expected profit be?

Answers

When demand is uniformly distributed between 0 and 1000, Kolette should produce an equal number of units to maximize sales potential.

When demand is uniformly distributed between 0 and 1000, Kolette should aim to produce an equal number of units to capture the full range of potential demand. Since any possible number between 0 and 1000 is equally likely, producing an equal quantity would ensure Kolette meets customer demand across the spectrum, maximizing their chances of sales.

If the purse sells for $225 on markdown and demand is uniformly distributed between 0 and 1000, Kolette needs to determine the optimal production quantity to maximize expected profit. To do this, they should consider the production cost of $200 per purse and the potential sales revenue at the markdown price of $225.

By calculating the expected profit for different production quantities, Kolette can identify the quantity that yields the highest expected profit. They should consider the trade-off between production costs and potential sales revenue at the markdown price. The optimal quantity is the one that maximizes the difference between expected revenue and production costs.

To calculate the expected profit, Kolette would need to determine the probability distribution of demand within the uniform range and multiply each demand level by the corresponding profit (revenue minus production cost). The quantity that yields the highest expected profit should be selected.

Since the specific probabilities or ranges within the demand distribution are not provided, it is not possible to provide an exact calculation of the expected profit or the optimal production quantity in this scenario.

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When demand is uniformly distributed between 0 and 1000, Kolette should produce an equal number of units to maximize sales potential.

When demand is uniformly distributed between 0 and 1000, Kolette should aim to produce an equal number of units to capture the full range of potential demand. Since any possible number between 0 and 1000 is equally likely, producing an equal quantity would ensure Kolette meets customer demand across the spectrum, maximizing their chances of sales.

If the purse sells for $225 on markdown and demand is uniformly distributed between 0 and 1000, Kolette needs to determine the optimal production quantity to maximize expected profit. To do this, they should consider the production cost of $200 per purse and the potential sales revenue at the markdown price of $225.

By calculating the expected profit for different production quantities, Kolette can identify the quantity that yields the highest expected profit. They should consider the trade-off between production costs and potential sales revenue at the markdown price. The optimal quantity is the one that maximizes the difference between expected revenue and production costs.

To calculate the expected profit, Kolette would need to determine the probability distribution of demand within the uniform range and multiply each demand level by the corresponding profit (revenue minus production cost). The quantity that yields the highest expected profit should be selected.

Since the specific probabilities or ranges within the demand distribution are not provided, it is not possible to provide an exact calculation of the expected profit or the optimal production quantity in this scenario.

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6. Select any, non-theory, topic from the Ordinary level Accounting syllabus and set a topic test for no less than 30 and no more than 50 marks. You should also prepare a mark scheme and indicate how you will apply the marks. (10) 7. Draft one lower level/ close ended and one higher level/ open ended question on the following learning objective. Hint: The questions should be based on theory, not an exercise. (4) "Applying the reducing depreciating method learners should be able to correctly calculate and record depreciation in the General Journal." [100]

Answers

Topic Test: Ordinary level Accounting syllabus - Management Accounting Topic: Management Accounting The topic test will consist of the following questions:Question 1: Multiple Choice Question (30 Marks)One of the major advantages of the marginal costing method is that it: (A) allows for effective decision making (B) considers overhead expenses (C) aids in long term planning (D) takes into account the cost of goods sold

Question 2: Structured question (20 Marks)Describe management accounting and how it is different from financial accounting.

Question 3: Calculation Question (50 Marks)ABC Manufacturing purchased machinery costing R150 000. The machinery is expected to last for 5 years, with a residual value of R10 000.

Using the reducing balance method of depreciation, calculate the depreciation expense for the first two years, assuming a depreciation rate of 20%.Show the calculation as follows:Calculation of Depreciation Expense Year 1 (20 marks)Calculation of Depreciation Expense Year 2 (20 marks)Marking Scheme

Question 1: Multiple Choice Question (30 Marks)Option A: 30 marksOption B: 0 marksOption C: 0 marksOption D: 0 marks

Question 2: Structured question (20 Marks)Students can earn 10 marks for correctly describing what management accounting is and how it differs from financial accounting and another 10 marks for providing relevant examples.

Question 3: Calculation Question (50 Marks)10 marks are awarded for correctly setting up the calculation.20 marks are awarded for the correct answer for Year 1 depreciation expense.20 marks are awarded for the correct answer for Year 2 depreciation expense. Lower-level / close-ended question

Higher-level / open-ended questionApply the reducing balance method of depreciation to a practical example and discuss how it can aid decision making.

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What is the purpose and effect of reinstating year-end encumbrances on the books at the beginning of the following year?

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The purpose of reinstating year-end encumbrances on the books at the beginning of the following year is to accurately reflect the financial position of the organization. Year-end encumbrances represent commitments for goods or services that have been ordered but not yet received or paid for.

By reinstating these encumbrances, the organization ensures that the budget for the following year is properly adjusted to account for these outstanding obligations.

The effect of reinstating year-end encumbrances is that it reduces the available budget for the following year. This is because the encumbrances represent funds that have already been set aside for specific purposes. By reinstating them, the organization is essentially carrying forward these commitments from the previous year and incorporating them into the budget for the upcoming year.

Reinstating year-end encumbrances also helps in the accurate tracking of financial transactions. It ensures that the organization maintains an accurate record of its financial obligations and can make informed decisions based on the available budget. Additionally, it helps in preventing overspending and ensures that the organization remains within its budgetary limits.

In summary, the purpose of reinstating year-end encumbrances is to accurately reflect outstanding obligations, adjust the budget, and track financial transactions. The effect is a reduction in the available budget for the following year, ensuring financial accountability and preventing overspending.

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A stock's price is currently $200. Over each of the next two six-month periods it is expected to go up by 8% or down by 8%. The risk-free interest rate is 5% per annum with continuous compounding. What is the risk-neutral probability for an up movement?
A. 0.7532
B. 0.6266
C. 0.8204
D. 0.6582

Answers

The risk-neutral probability for an up movement is approximately 0.6582 (Option D).

The risk-neutral probability for an up movement in the stock's price can be calculated using the risk-neutral pricing approach.

Given that the stock's price can either go up by 8% or down by 8% over each of the next two six-month periods, there are four possible outcomes: up-up, up-down, down-up, and down-down.

To calculate the risk-neutral probability, we need to find the probability of an up movement (p) such that the expected value of the stock's price matches its current price.

Let's denote the up movement as "u" and the down movement as "d". The expected value of the stock's price after two periods can be calculated as:

Expected Value = p^2 * (1 + 0.08)^2 + 2 * p * (1 - p) * (1 + 0.08 * 0.92) + (1 - p)^2 * (1 + 0.08 * 0.92)^2

We want the expected value to be equal to the current price of $200. Therefore, we set up the equation:

200 = p^2 * (1 + 0.08)^2 + 2 * p * (1 - p) * (1 + 0.08 * 0.92) + (1 - p)^2 * (1 + 0.08 * 0.92)^2

To solve this equation, we can use numerical methods or approximation techniques. By solving the equation, we find that the risk-neutral probability for an up movement is approximately **0.6582** (Option D).

Please note that the specific calculations involve complex mathematical equations, and the answer provided is based on the given data and assumptions.

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Favors Distribution Company purchases small imported trinkets in bulk, packages them, and sells them to retail stores. The managers are conducting an inventory control study of all their items. The following data are for one such item, which is not seasonal.
a. Use a trend projection to estimate the relationship between time and sales (state the equation). b. Calculate forecasts for the first four months of the next year. 1 2 3 4 5 6 7 8 9 10 11 12 Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Sales 51 55 54 57 50 68 66 59 67 69 75 73

Answers

A statistical technique used to study and forecast the future values of a variable based on its previous data is trend projection, sometimes referred to as time series analysis or forecasting.

a. Calculation of trend projection is a way of forecasting the future on the basis of the past. The equation for the trend line is given as:

Y = a + bt

where Y is the dependent variable (Sales in this case)‘a’ is the Y-intercept

b is the slope (rise over run) of the line

‘t’ is the independent variable (time period)

Here are the steps to find the Trend Projection:

a) Determine the slope ‘b’:

The slope ‘b’ can be calculated as: `b = (n∑(xy) - ∑x∑y) / (n∑(x^2) - (∑x)^2)`

Here,x = time period (1, 2, 3, …)

y = Sales∑xy = sum of the products of time period and sales (∑xy = 1×51 + 2×55 + 3×54 + … + 12×73)

∑x = sum of time periods (∑x = 1 + 2 + 3 + … + 12)

∑y = sum of sales (∑y = 51 + 55 + 54 + … + 73)

∑(x^2) = sum of squares of time periods (∑(x^2) = 1^2 + 2^2 + 3^2 + … + 12^2)N

n= number of data points

N = 12b = (12×8716 - 78×708) / (12×650 - 78^2)

b = 2.2857

b) Determine the Y-intercept ‘a’:The Y-intercept ‘a’ can be calculated as:

`a = (∑y - b∑x) / n`

a = (753 - 2.2857×78) / 12

a = 43.7857

c) Equation for the Trend line: The equation for the trend line is

`Y = 43.7857 + 2.2857t`b. Calculation of forecasts for the first four months of next year:

The following table shows the calculation of forecasts for the first four months of the next year: Month Jan Feb Mar Apr Sales 51 55 54 57

Trend 46.0714 48.3571 50.6429 52.9286

Forecast 46.0714 48.3571 50.6429 52.9286

Therefore, the forecasts for the first four months of the next year are 46.0714, 48.3571, 50.6429 and 52.9286.

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The average gasoline price of one of the major oil companies has been $2.20 per gallon. Because of cost reduction measures, it is believed that there has been a significant reduction in the average price. In order to test this belief, we randomly selected a sample of 36 of the company's gas stations and determined that the average price for the sfations in the sample was $2.14. Assume that the standard deviation of the population (σ) is $0.12. a. State the null and the alternative hypotheses. b. Compute the test statistic. c. What is the p-value associated with the above sample results? d. Using α=.05, test the company's claim.

Answers

a. H0: Average price of gasoline has not significantly reduced. Ha: Average price of gasoline has significantly reduced.

b. The test statistic is -3.

a. The null hypothesis (H0) states that there has been no significant reduction in the average price of gasoline for the major oil company.

The alternative hypothesis (Ha) states that there has been a significant reduction in the average price of gasoline.

b. The test statistic is -3.

This is calculated by taking the difference between the sample mean ($2.14) and the population mean ($2.20), divided by the sample standard deviation ($0.12) divided by the square root of the sample size (36).

The test statistic helps determine the likelihood of observing such a difference between the sample and population means under the null hypothesis.

c. The p-value associated with the test statistic is less than 0.001, indicating strong evidence against the null hypothesis.

d. With a significance level of α = 0.05, the p-value (less than 0.001) is smaller than the significance level.

Thus, the company's claim of a significant reduction in the average gasoline price is supported by the data.

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Which industry is more likely to have low-profit margins and
high asset turnover?
a. Retailing – general merchandise
b. Hotel and hospitality
c. Oil and gas extraction
d. Utilities

Answers

Utilities are more likely to have low-profit margins and high asset turnover. Utilities are typically regulated industries with high capital costs and significant infrastructure assets. Option d is correct.

Utilities, such as electric, gas, and water companies, often operate in regulated markets where profit margins are constrained. Regulatory bodies set limits on the prices they can charge to ensure affordability and protect consumers. As a result, utilities typically face lower profit margins compared to other industries.

However, utilities tend to have high asset turnover. This is because they rely on significant infrastructure investments, such as power plants, transmission lines, or pipelines, to deliver their services. These assets generate revenue by providing essential services to customers. Due to the nature of their operations, utilities aim to efficiently utilize their assets and generate revenue from the constant flow of customers using their services. This leads to a high asset turnover ratio, indicating that their assets are generating a substantial amount of revenue relative to their investment.

Overall, the regulated nature of the utility industry constraints profit margins, but their essential services and efficient use of assets contribute to high asset turnover.

Option d is correct.

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Economic theory would not be useful in studying:

why some people find it easier to give up smoking than others.

the effect of increased cigarette taxes on cigarette consumption.

the impact on the domestic car industry of a quota on imported cars. the effects on one's job prospects of returning to school to study for a degree.

the impact on the domestic economy of reducing income taxes.

Answers

Economic theory would not be useful in studying why some people find it easier to give up smoking than others. This is because it is not a subject of economics.

Economic theory studies how people allocate scarce resources and the effects of incentives on decisions made by people, firms, and governments. The other options listed are subjects that are studied in economics: the effect of increased cigarette taxes on cigarette consumption, the impact on the domestic car industry of a quota on imported cars, the effects on one's job prospects of returning to school to study for a degree, and the impact on the domestic economy of reducing income taxes.

In each of these cases, the theory of economics can be used to understand how incentives and other factors can affect the decisions made by individuals, firms, and governments, and how these decisions can affect the economy as a whole.

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You are asked to deal with a nonprofit entity potentially being organized, and worse, may have to fill out the forms! Please explain, in terms your client can understand, the rationale of why "nonprofit" organizations exist and how they may be used and structured. How could such entities be abused? Also, what is this thing called UBI? And why should we care?

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Nonprofit organizations exist for several reasons, mainly to serve a public or social purpose rather than to generate profit for individuals or shareholders. Their primary goal is to address specific needs or issues in society and make a positive impact on communities.

Nonprofits can focus on various areas such as education, healthcare, poverty alleviation, environmental conservation, and more.

The rationale for creating a nonprofit entity lies in the following key aspects:

Mission-driven: Nonprofits are formed with a clear mission or purpose that aims to address a specific societal need. They work towards advancing a cause or providing services to a target population that may not have access to those services otherwise.

Public Benefit: Nonprofits are dedicated to benefiting the public rather than private interests. Their work is focused on improving the well-being of individuals, communities, or the environment.

Tax Benefits: Nonprofit organizations enjoy certain tax benefits, such as exemption from income taxes on their revenue and donations. This allows them to allocate more resources towards fulfilling their mission.

Philanthropic Support: Nonprofits often rely on donations and grants from individuals, corporations, and foundations. These contributions help sustain their operations and enable them to carry out their programs and services.

Regarding their structure, nonprofits are typically organized as a corporation or an association under state laws. They have a governing board responsible for strategic decision-making and ensuring compliance with legal and ethical standards. Nonprofits may have staff, volunteers, or a combination of both to carry out their activities.

While nonprofits serve important purposes, there is a potential for abuse or misuse of funds and resources. Some common abuses can include:

Financial Mismanagement: Mishandling of funds, lack of transparency, or diverting funds for personal gain rather than fulfilling the organization's mission.

Ineffective Governance: Weak or ineffective board oversight, lack of accountability, or conflicts of interest that hinder the organization's ability to operate in the best interest of its beneficiaries.

Fraud and Embezzlement: Misappropriation of funds by individuals within the organization through fraudulent activities, such as falsifying records or inflating expenses.

Universal Basic Income (UBI) is a concept that proposes providing a regular, unconditional cash payment to all individuals within a specific geographic area, regardless of their employment status or income level. The aim of UBI is to ensure a basic level of economic security and reduce poverty. Supporters argue that UBI can address income inequality, provide a social safety net, and enable individuals to pursue their goals and potential without financial constraints.

Caring about UBI is important because it addresses socio-economic issues and has the potential to reshape the way societies approach welfare and income distribution. Understanding UBI and its potential implications can contribute to informed discussions and policy decisions surrounding social welfare, poverty reduction, and economic justice.

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The following statement is true about treaty retakaful a. The retakaful operator is required to underwrite each individual applicant that is reinsured. b. The retakaful operator must accept all busine

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Treaty Retakaful is a cooperative arrangement between an insurer and a reinsurer in which the reinsurer agrees to accept a certain percentage of every policy the insurer writes. In treaty retakaful, the reinsurer agrees to cover the insurer’s entire book of business.

The reinsurer does not underwrite each individual policy but rather underwrites a portion of every policy the insurer writes. Treaty Retakaful is an agreement between two insurance companies that are Islamic in nature and that allows the primary insurer to transfer a portion of the risk it has insured to a reinsurer. The reinsurer is required to accept a percentage of the primary insurer's risk, and the contract governing the arrangement is known as a treaty. The reinsurer and the primary insurer enter into a contractual agreement in which the reinsurer promises to pay a portion of the claims paid by the primary insurer for a set fee.

The reinsurer agrees to pay the claims made by the primary insurer, either in part or in full. The reinsurer does not have to underwrite every individual policy under treaty retakaful, but instead, it agrees to underwrite a specific portion of every policy the primary insurer writes. Treaty retakaful is similar to conventional reinsurance, but it follows Islamic law, which prohibits gambling and interest-bearing financial activities.

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Investment A guarantees its holder $100 retum. Investment B earns $0 or $200 with equal chances (.e., an average of $100) over the same period. Both investments have equal risk
True False

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True. Both investments have an average return of $100. Investment A guarantees a $100 return, while Investment B has an equal chance of earning $0 or $200, resulting in an average return of $100. Since both investments have equal risk, they offer the same expected value.

The choice between the two would depend on an investor's risk preferences and their willingness to accept uncertainty in returns.

Both investments have an equal average return of $100, making the statement true. Investment A provides a guaranteed return of $100, meaning the investor knows exactly what they will receive. On the other hand, Investment B has an equal chance of earning $0 or $200. Although there is uncertainty in the outcome, the average of these possibilities is also $100. Therefore, both investments offer the same expected value. The decision between the two would depend on the investor's risk tolerance and preference for certainty versus uncertainty in returns.

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Which of the following examples represent a risk incidental to ownership of an underlying asset, which may indicate a lease should be classified as an operating lease from a lessor's perspective. Select the one correct option and then select Submit. a. Costs of repairs and maintenance b. Cost of licensing c. insurance costs d. impairment as a result of damage to the asset

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In a lease, the risk incidental to ownership of an underlying asset, which may indicate a lease should be classified as an operating lease from a lessor's perspective. Therefore, the correct option is a) Costs of repairs and maintenance and c) Insurance costs.

A lease is a contractual arrangement in which one party, the lessor, gives the right to use an asset (the underlying asset) to another party, the lessee, in exchange for payment from the lessee. When a lessor grants a lease to a lessee, they must decide whether the lease is a finance lease or an operating lease from their point of view.

A finance lease is a lease that transfers substantially all of the risks and rewards of ownership of the underlying asset to the lessee. An operating lease is a lease that does not transfer substantially all of the risks and rewards of ownership of the underlying asset to the lessee.

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Vinh Group Motorcycle Division delivers parts to their network of dealership and has decided to replace their old diesel fleet of trucks. The Chief operations Office wants to know the total vehicle li

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The precise of gathering all costs an asset's owner or manufacturer will incur throughout the course of the asset's life cycle is known as life cycle costing.

According to mileage or age of the vehicle, the term "life-cycle cost" refers to the total estimated cost for a specific vehicle, which includes the total costs for depreciation, fuel, maintenance, and repairs, as well as the cost or usage of money to acquire the vehicle over an expected useful period.

Cost to buy a truck: VND 2 billion

KM driven over the truck's lifetime is 40000 times 10, or 400,000.

Operating Cost for Truck Over Lifetime = 400000*5000

= 2 billion VND

Fuel utilized over the truck's lifetime equals (400000/20).

20,000 liters

Fuel Cost Over Truck's Lifetime = 20,000*20,000

= 0.4 billion VND

Total vehicle life cycle costs are calculated as follows: truck purchase price plus lifetime operating costs plus lifetime fuel costs.

= 2 + 2 + 0.4

= 4.4 billion VND.

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Your company sells $50,000 of one-year, 50% bonds for an issue price of $52,000. The journal entry to record this transaction will include a credit to Bonds Payable in the amount of:
a. $55,000
b. $52,000
c. $50,000
d. $57,000

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The credit to Bonds Payable in the amount of $50,000 is the correct answer.

The journal entry to record the transaction of your company that sells $50,000 of one-year, 50% bonds for an issue price of $52,000 will include a credit to Bonds Payable in the amount of $50,000.The amount received by the company upon issuance is $52,000, which is greater than the par value of the bonds. The difference between the amount received and the face value of the bonds, which is $2,000, represents bond premium.

In this transaction, the following journal entry is recorded:

Cash $52,000

Bonds Payable $50,000

Premium on Bonds Payable $2,000

Bonds Payable is credited for the face value of the bonds, which is $50,000. Cash is debited for the amount of cash received upon issuance, which is $52,000. Finally, the premium on bonds payable is credited for the difference between the amount received and the face value of the bonds, which is $2,000.

A bond is a financial instrument that provides the issuer with a long-term source of funds. The company issuing bonds receives funds from investors and agrees to pay them back over a specified period of time with interest. A bond's face value is the amount that the bondholder will receive when the bond reaches maturity, while its issue price is the amount that the bond is sold for.

The transaction in this question reflects the issuance of bonds and the premium that the company received upon issuance. A bond premium occurs when the bonds are sold for more than their face value.

Hence, the credit to Bonds Payable in the amount of $50,000 is the correct answer.

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michael's, incorporated, just paid $2.20 to its shareholders as the annual dividend. simultaneously, the company announced that future dividends will be increasing by 4.8 percent. if you require a rate of return of 9 percent, how much are you willing to pay today to purchase one share of the company's stock? group of answer choices'

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Answer:

We can use the dividend discount model to calculate the price of the stock.

Dividend per share (D) = $2.20

Growth rate (g) = 4.8%

Required rate of return (r) = 9%

Price of stock (P) = D / (r - g)

P = $2.20 / (0.09 - 0.048)

P = $2.20 / 0.042

P = $52.38

Therefore, you would be willing to pay $52.38 today to purchase one share of the company's stock.

Use the following information to prepare a statement of cash flows for Studio One for the month ended December 31. The cash balance at the start of December 1 was $1,000 (Amounts to be deducted should be indicated by a minus sign.) Cash withdrawals by owner Cash received from customers Cash investments by owner Cash paid for equipment Cash paid for truck Canh paid for expenditures $ 2,000 23,500 11,000 3.000 22.000 6,000 HE STUDIO ONE Statement of Cash Flows For Month Ended December 31 Cash flow from operating activities Cash received from customers Cash paid for expenditures $ 23.500 6.000 29,500 Net cash provided by operating activities Cash fows from investing activities Cash paid for equipment Cash paid for truck 3.000 22.000 Statement of Cash Flows For Month Ended December 31 Cash flows from operating activities Cash received from customers Cash paid for expenditures $ 23,500 6,000 29,500 Net cash provided by operating activities Cash flows from investing activities Cash paid for equipment Cash paid for truck 3,000 22,000 tes 25,000 Net cash used by investing activities Cash flows from financing activities Cash investments by owner Cash withdrawals by owner 11,000 2,000 13,000 Net cash provided by financing activities Net decrease in cash Cash balance, December 1 Cash balance, December 31 1.000 3,500 $

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The total decrease in cash is $(1,500) and the total cash balance at the end of December is $3,500.

The statement of cash flows for Studio One for the month ended December 31 is given below: HE STUDIO ONE Statement of Cash Flows For Month Ended December 31.

Cash flows from operating activities-

Cash received from customers $23,500

Cash paid for expenditures $(6,000)

Net cash provided by operating activities $17,500

Cash flows from investing activities Cash paid for equipment $(3,000)

Cash paid for truck $(22,000)

Net cash used by investing activities $(25,000)

Cash flows from financing activities-

Cash investments by owner $11,000

Cash withdrawals by owner $(2,000)

Net cash provided by financing activities $9,000

Net decrease in cash $(1,500)

Cash balance, December 1 $1,000

Cash balance, December 31 $3,500.

Therefore, the total net cash provided by the operating activities is $17,500, the total net cash used by the investing activities is $(25,000), and the total net cash provided by the financing activities is $9,000. The total decrease in cash is $(1,500) and the total cash balance at the end of December is $3,500.

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Focus groups are a type of ___ research.
a exploratory b statistical c descriptive d causal e feasibility

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Focus groups are a form of exploratory research that involves small group discussions to gather qualitative insights, opinions, and perspectives on a specific topic or issue.

Focus groups are a type of exploratory research. Exploratory research aims to gather preliminary insights and understandings about a particular topic or issue. In the case of focus groups, a small group of individuals is brought together to engage in open discussions and share their thoughts, opinions, and experiences regarding the subject under investigation.

The primary objective of focus groups is to explore and uncover various perspectives, motivations, attitudes, and beliefs held by participants. This qualitative research method allows researchers to delve into the underlying reasons behind people's behaviors and preferences. By facilitating group interactions, focus groups encourage participants to express their thoughts freely and build upon each other's ideas, providing valuable qualitative data.

In summary, focus groups play a crucial role in exploratory research by providing in-depth qualitative insights into a particular topic or issue of interest.

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What is the maturity value of a 4​-year term deposit of​$4351.72 at 6.4​% compounded semi-annually? How much interest did the deposit earn?
The maturity value of the term deposit is​$
​(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as​ needed.)
The amount of interest earned is ​$
​(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as​ needed.)

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The amount of interest earned is $1045.96 (rounded to 2 decimal places).The formula for the maturity value of a deposit is given by : [tex]P(1+r/n)^nt,[/tex] Where P is the principal, r is the interest rate, n is the number of compounding periods per year, t is the number of years.

To find the maturity value of a 4-year term deposit of $4351.72 at 6.4% compounded semi-annually, we substitute into the formula as follows:

P = $4351.72, r = 6.4/100 is 0.064, n = 2, t = 4.

Maturity value =[tex]P(1+r/n)^nt[/tex]

= $4351.72(1+0.064/2)^(2x[tex]$4351.72(1+0.064/2)^(2*4)[/tex]4)

= $5397.68

Therefore, the maturity value of the term deposit is $5397.68 (rounded to 2 decimal places).

To find the interest earned, we subtract the principal from the maturity value and obtain;

Interest = Maturity value - Principal

= $5397.68 - $4351.72

= $1045.96

Therefore, the amount of interest earned is $1045.96 (rounded to 2 decimal places).

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A company is investing in a solar panel system to reduce its electricity costs. The system requires a cash payment of $101,273.50 today. The system is expected to generate net cash flows of $10,501 per year for the next 35 years. The investment has zero salvage value. The company requires an 8% return on its investments. 1-a. Compute the net present value of this investment. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) 1-b. Should the project be accepted?
n =35
i =8%
Cash Flow Amount PV Factor Present Value
Present Value of an Annuity of 1 ? x ? =?
Immediate cash outflows =?
Net present value =?

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The net present value (NPV) of the investment in the solar panel system is $79,426.94, and based on the positive NPV, the project should be accepted.

To compute the net present value (NPV) of the investment, we need to calculate the present value of the net cash flows generated by the solar panel system and subtract the initial cash outflow.

1-a. Computing the NPV:

PV factor for an annuity of 1: Using the present value of an annuity of $1 table for n=35 and i=8%, the PV factor is 17.1875.

Net cash flows: The net cash flow generated by the solar panel system is $10,501 per year for 35 years.

Present value (PV) of the net cash flows: PV = Net Cash Flow x PV Factor = $10,501 x 17.1875 = $180,700.44

Initial cash outflow: The initial cash payment is $101,273.50.

Net Present Value (NPV): NPV = PV of Net Cash Flows - Initial Cash Outflow = $180,700.44 - $101,273.50 = $79,426.94

1-b. Decision on accepting the project:

Since the NPV is positive ($79,426.94), it indicates that the present value of the net cash flows exceeds the initial cash outflow. Therefore, accepting the project is financially beneficial as it creates value and provides a return higher than the required 8% rate of return.

In summary, the net present value (NPV) of the investment in the solar panel system is $79,426.94, and based on the positive NPV, the project should be accepted.

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The Fed becomes more aggressive at targeting inflation, i.e. the g parameter in the monetary policy rule increases. Use an AD-AS diagram to show the short-run and long-run effects on output and the inflation rate. Assume the economy starts in the long-run equilibrium. (Take a photo of this graph to upload it to Canvas quiz independently).

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The short-run effects of the Fed becoming more aggressive at targeting inflation, i.e., increasing the g parameter in the monetary policy rule, would result in a decrease in output and a decrease in the inflation rate.

In the long run, the economy would return to its potential output level, but with a lower inflation rate. In the short run, an increase in the g parameter would cause a contractionary monetary policy, shifting the aggregate demand (AD) curve to the left. This decrease in aggregate demand would lead to a decrease in both output and the inflation rate.

Output would decrease because the decrease in aggregate demand would lead to reduced spending and investment in the economy. The decrease in the inflation rate would occur because the reduction in aggregate demand would lead to lower overall demand for goods and services, putting downward pressure on prices.

However, in the long run, the economy would adjust back to its potential output level, but with a lower inflation rate. This adjustment occurs because the decrease in aggregate demand would lead to downward pressure on wages and prices, allowing them to adjust and restore the economy to its long-run equilibrium. In the long run, the output would return to its potential level, but the inflation rate would be lower due to the contractionary monetary policy implemented by the Fed.

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What statements would you add in your employee's handbook regarding being prompt and taking care of customers' needs in order to keep customers happy and save the reputation of your business?

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1) Promptness is a crucial aspect of our service. Employees are expected to arrive on time for their shifts and complete tasks promptly to ensure smooth operations and meet customers' expectations.

2) Customer satisfaction is our top priority. Employees should actively listen to customers, address their needs with professionalism and empathy, and go above and beyond to provide exceptional service that exceeds their expectations.

3) Timely resolution of customer issues is essential. Employees should promptly respond to customer inquiries, concerns, or complaints, taking ownership of the situation and working towards a satisfactory resolution to maintain customer loyalty and uphold our business's reputation.

4) Effective communication plays a vital role in customer satisfaction. Employees should communicate clearly and courteously, both verbally and in writing, ensuring that customers are well-informed and have their questions answered promptly.

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Murphy was consuming 100 units of X and 50 units of Y: The price of X rose from 2 to 3. The price of Y remained at 4. How much would Murphy's income have to rise so that he can still exactly afford 100 units of X and 50 units of Y?

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Murphy was initially consuming 100 units of X and 50 units of Y. When the price of X increased from 2 to 3, his income must increase so that he can still afford 100 units of X and 50 units of Y. In order to calculate how much his income should increase, we will use the income expenditure method.

Using the income expenditure method, we can calculate the amount by which Murphy's income should increase in order to afford the same quantity of both X and Y at the new prices. Let I be Murphy's income, P1 and P2 be the initial and final prices of X respectively, and Q1 and Q2 be the initial and final quantities of X respectively. Then,

[tex]I = P1Q1 + P2Q2[/tex]

Substituting the values we know, we have:

[tex]I = (2 x 100) + (3 x 100)[/tex]

[tex]I = 200 + 300[/tex]

[tex]I = 500[/tex]

This means that Murphy's income must increase by 500 so that he can still afford 100 units of X and 50 units of Y at the new prices.

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Other Questions
Break-Even SalesCurrently, the unit selling price of a product is $220, the unit variable cost is $180, and the total fixed costs are $432,000. A proposal is being evaluated to increase the unit selling price to $240.a. Compute the current break-even sales (units).fill in the blank 1 unitsb. Compute the anticipated break-even sales (units), assuming that the unit selling price is increased and all costs remain constant.fill in the blank 2 units what is the maximum penalty for violation of the ccta A rectangular channel of width W= 8m carries a flows rate Q=3 m3/s. Considering a uniform flow depth d=4 m and a channel roughness ks=30mm. calculate the slope S of the channel. You can assume that ks is sufficiently large so that the viscous sublayer thickness can be ignored in the estimation of C. Consider the following economy:C=360-200r+0.2YI=120-200rG=120(M/P)^D=100+0.2Y-200rP=2Ms=300where C=consumption, Y=output, I=investment, G=government spending, r=interest rate, (M/P)^D =real demand for money, P=prices and Ms =money supply.a. Find the algebraic expression for the IS curve and the LM curve and explain why the slope of the IS curve is negative while the slope of the LM curve is positive.b. Find the equilibrium interest rate (r) and the equilibrium level of output (Y).c. Suppose the central bank increases the money supply (Ms) from 300 to 400. What is the new equilibrium level of interest rate and output? Explain your answer using words and a relevant graph. access the balance sheet of a publicly traded company, and list what items of assets are reported in the property, plant, and equipment section on the asset side. Select any one item from the property, plant, and equipment section, and discuss how you determine the cost of that item to be reported on the balance sheet. Hi, Here the correct answer is said to be C, however, I don't understand from where the 1.993 comes. Could you also explain why the statement A and B are wrong ? Thank you Question 31: A fast-food chain wants to investigate the relationship between hamburger sales (random variable yi denoted in the number of hamburgers) and advertising expenditures (random variable xi in CHF). The company observes these variables in 75 branches (random sample). Consider the following R output: Call: lm(formula = sales ~ adds) Residuals: Min 10 Median -13.1658 -4.1950 -0.5776 3Q Max 4.9946 14.2481 Coefficients: Estimate std. Error t value Pr(>ltl) (Intercept) 74.1797 1.7990 41.234 2e-16*** adds 1.7326 0.8903 1.946 0.0555 Signif.codes:0***0.001**0.010.05.0.11 Residual standard error: 6.37 on 73 degrees of freedom Multiple R-squared:0.04932, Adjusted R-squared: 0.0363 F-statistic: 3.787 on 1 and 73 DF, p-value: 0.0555 Which statement about the 95% confidence interval of the slope coefficient is correct? A) The 95% confidence interval does not cover the estimated slope coefficient. B) The 95% confidence interval includes values that are rejected by a two-tailed t-test at a 5% significance level. C) The 95% confidence interval is calculated by 1.7326 1.993*0.8903. D) The 95% confidence interval shows us that the estimated slope coefficient is significantly different from zero. E) None of the above answers is correct. Losung: C Question 2 A 90-day bank bill with a face value $100,000 was purchased with a yield of 4.00%. If it is sold after 30 days at a yield of 4.50%, what dollar amount of interest was earned? Find the proceeds of a non-interest-bearing promissory note for $3994.99, discounted 37 months before its due date at 7.8% compounded semi-annually.The proceeds are $(Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) 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Balance the following equation: Al(s)+ Cl 2 ( g) Payroll Expenses, Withholdings, And Taxes LO P2, P3 Paloma Company Has Four Employees. FICA Social Security Taxes Are 6.2% Of The First $137,700 Paid To Each Employee, And FICA Medicare Taxes Are 1.45% Of Gross Pay. Also, For The First $7,000 Paid To Each Employee, The Companys FUTA Taxes Are 0.6% And SUTA Taxes Are 5.4%. The Company Is Preparing ItsPayroll expenses, withholdings, and taxes LO P2, P3Paloma Company has four employees. FICA Social Security taxes are 6.2% of the first $137,700 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. Also, for the first $7,000 paid to each employee, the companys FUTA taxes are 0.6% and SUTA taxes are 5.4%. The company is preparing its payroll calculations for the week ended August 25. Payroll records show the following information for the companys four employees. Current WeekNameGross Pay through August 18Gross PayIncome Tax WithholdingDali$ 124,200$ 4,700$ 554Trey134,3003,400306Kiesha9,0001,60055Chee2,9501,000 44 In addition to gross pay, the company must pay one-half of the $98 per employee weekly health insurance; each employee pays the remaining one-half. The company also contributes an extra 8% of each employees gross pay (at no cost to employees) to a pension fund. Required:Compute the following for the week ended August 25. (Round your intermediate calculations and final answers to 2 decimal places. For each of the following 7 scenarlos, you will indicate which internal control principle is applicable and whether it is considered a strength or weikiness Question 28 (0.5 points) Accounts payable clerks are only able to access accounts payable information in the accounting software. They have no responsibility for accounts receivable information A) Documentation B) Review and reconciliation C) Segregation of Duties D) Physical Controls E) Assignment of responsibilityIs this control a strength or a weakness? A) Weakness B) Strength Only the treasurer is assigned to sign cheques and complete e-transfers. A) Assignment of responsibility B) Documentation C) Segregation of duties D) Physical Controls The company cheques and sales order forms are not pre-numbered.A) Documentation B) Segregation of duties C) Review and reconciliation D) Physical ControlsE) Assignment of responsibility Surprise cash counts are done randomly throughout the month by the owner of the business. A) Segregation of duties. B) Review and reconciliation C) Physical Controls D) Assignment of responsibility After an invoice is paid, the invoice, purchase order, and receiving report are stamped paid, A) Documentation B) Segregation of duties C) Review and reconciliation D) Physical Controls E) Assignment of responsibility Employees must scan their photo identification badge to enter the building: A) Segregation of duties B) Physical Controls C) Assignment of responsibility D) Documentation E) Review and reconciliation Paavani orders merchandise; she also receives inventory and authorizes payment for the merchandise. A) Physical Controis B) Segregation of duties C) Assignment of responsibility D) Review and reconciliation Nike Inc, paid $240,000 for 10% bonds with a par value of $95,000. The bonds pay 4% interest semiannually on March and September 1st. Nike intends to hold the bonds until they mature. After the bonds mature would would like to invest in new production equipment that will cost $100,000. Prepare the journal entries for the following dates and transactions related to this bond acquisition. (1) Bonds purchased on March 1, 2017. (2) Year-end adjusting entry, December 31, 2017. (3) Receipt of semiannual interest April 1, 2019. (4) Redemption of the bonds at maturity on July 1, 2024. Please Solve below A. Find the intersection. -6x + 3y = 7, 9y - 8z = -7 x = -24t- y=-48-2 = -54 x = -24t - -, y = -48t - 3, z = -5 -54t O x = -24t+ , y = -48t + ++372= , z = 54t O x = -24t+84, y = -48t - 7, z = -54t B. Identify the type of surface represented by the given equation. 2+2 = / 8 O Paraboloid Elliptical cone Ellipsoid Hyperbolic paraboloid Chymosin is the main enzyme used in the production of cheese. It is a protease that causes the curdling of milk. (20.2 During cheese making, the enzyme chymosin is added to curdle milk. a. What type of reaction does chymosin catalyze? b. Into which class of enzymes could chymosin be categorized? The level of monoamine oxidase (MAO) activity in blood platelets was determined for each individual in a sample of 43 chronic schizophrenics, resulting in ' x=2.69 and s1=2.30, as well as for 45 normal subjects, resulting in ' y= 2.35 and s2=3:03. Find the 85%Cl of the difference between true averages of MAO activities. The profit margin of Nickelly Corporation was 17.3% in 2020 and 15.2 % in 2021. What does the profit margin measure and Changes, if any, would be recommended for the financial direction of the organization? Suppose that the equilibrium real federal funds rate is 1 percent and the target rate of inflation is 3 percent. Use the following information and the Taylofrule to calculate the federal funds rate target: Current inflation rate =1 percent Potential real GDP =$14.68 trillion Real GDP=$14.53 trillion The federal funds target rate is \%. (Enter your response rounded to two decimal places.)