Assume that prior to January 1, 2019, a Reporting Company owned a 15 percent interest in a Legal Entity. The Reporting Company acquired its 15 percent ownership interest in the Legal Entity on June 15, 1998 for $45,000, and correctly accounted for this investment under the cost method (i. E. , it was a passive investment and it was not marketable). On January 1, 2019, the Reporting Company purchased an additional 30 percent interest in the Legal Entity for $180,000. As a result of an evaluation of the facts and circumstances on Janu-ary 1, 2019, the Reporting Entity determined that the Legal Entity is a variable interest entity (VIE) and that the Reporting Company is the primary beneficiary of the VIE. The Reporting Company also determined that, on January 1, 2019, the fair value of the previously held 15 percent interest is $90,000. In addition, in-dependent appraisals revealed that the fair value of the noncontrolling interest (i. E. , the 55 percent not owned by the Reporting Company) is $330,000. On January 1, 2019, the Legal Entity has reported book values for its identifiable net assets equal to $399,000 and fair values for its identifiable net assets equal to $570,000.


Assume that the Legal Entity is not a "business," as that term is defined in FASB ASC 805 ("Business Combinations"). Related to the initial consolidation of the Legal Entity on January 1, 2019, determine the following amounts:


Note: Use a negative sign with your answer in part b. To indicate a gain on initial consolidation of Legal Entity, if applicable.


Account


Amount


a. Goodwill Answer


b. (Gain) Loss on initialconsolidation of Legal Entity Answer

If Tom is charging different prices to different customers for the same service, even though the cost of serving those customers is the same, he is practicing price discrimination.

Price discrimination is a pricing strategy where a business charges different prices to different customers for the same product or service, with the goal of maximizing revenue by capturing the most value from each customer. This practice is often used in industries where the cost of serving customers is high, such as healthcare, transportation, or professional services.

In the case of Tom, he is charging different prices to different customers for the same dental service, which is a form of price discrimination. This practice may be based on various factors such as the customer's ability to pay, their insurance coverage, or other factors that may influence their willingness to pay.

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There! On January 1, 2021, Gundy Enterprises purchased an office building for $162,000, with $42,000 down and a $120,000 mortgage. The total payments over the 10 years amount to $174,712, which is calculated by multiplying the monthly payments of $1,455.93 by 120 months.

To determine the interest expense and actual payments on the loan, you'll need to subtract the total principal amount from the total payments:

Interest Expense: $174,712 (total payments) - $120,000 (principal) = $54,712

Actual Payments on the Loan (Principal): $120,000

So, the interest expense over the 10-year period is $54,712, and the actual payments on the loan (principal) are $120,000.

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Jillian is consistent with her savings plan and maintains an ending balance of $1000 or higher each month, she can earn a significant amount of interest over three years and end up with an impressive balance of $33,112.

Jillian's new savings plan involves depositing $100 into her account at the beginning of each month. To avoid monthly fees, she needs to maintain an ending balance of $1000 or higher at the end of each month. Therefore, she needs to save at least $900 each month ($1000 - $100 deposit).

Assuming she saves $900 each month, after one year, her total savings will be $10,800 ($900 x 12 months). If she manages to maintain an ending balance of $1000 or higher each month, she will not be charged any monthly fees. Thus, she will save $120 by the end of the year.

At the end of the year, her bank awards her an interest rate of 1% on her ending balance. If she has managed to maintain an ending balance of $10,800 or higher, her interest will be $108 (1% of $10,800). Her total savings by the end of the first year, including the interest earned, will be $10,928.

Assuming she continues with the same savings plan for three years, her total savings would be $32,784 ($10,928 x 3). The interest earned over the three years would be $328 (1% of $10,928). Her ending balance after interest at the end of three years would be $33,112 ($32,784 + $328).

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A franchise is able to control costs because franchise networks have greater buying power. The correct answer is b.

Franchises are able to leverage their brand recognition and collective purchasing power to negotiate better deals with suppliers, which allows them to control costs. Since franchisors often have a large network of franchisees, they can negotiate bulk pricing and other discounts with suppliers that would not be available to individual small businesses.

This can result in significant savings on inventory and supplies for franchisees.

In addition to purchasing power, franchises also benefit from standardized operating procedures and centralized management, which helps to streamline operations and reduce costs.

Franchisors provide training and support to franchisees to ensure that they are following the same procedures and using the same equipment and supplies, which helps to eliminate variability and increase efficiency.

Overall, franchises are able to control costs by leveraging the resources and buying power of the franchisor, implementing standardized procedures, and benefiting from economies of scale.

The correct answer is b.

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The methodology that takes the end product requirements from the MPS (Master Production Schedule) and breaks them down into their component parts and subassemblies to create a materials plan is called Materials Requirement Planning (MRP).

MRP is a computer-based inventory management system that helps to ensure that the right materials are available at the right time and in the right quantities to meet production demands. MRP takes into account the lead time for each component or subassembly, current inventory levels, and the production schedule to determine the timing and quantity of materials needed for each stage of production.

This allows companies to minimize inventory carrying costs while ensuring that production schedules are met. Aggregate capacity planning, capacity requirements planning, and order scheduling are other methodologies used in production planning, but they do not specifically address materials planning and inventory management in the way that MRP does.

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The taxable income of the bond over the next year is $60.

The taxable income of the bond over the next year can be calculated as follows:

Coupon payment = Coupon rate x Par value = 8% x $1,000 = $80

Accretion = (Market price - Par value) / Time to maturity = ($800 - $1,000) / 10 = -$20

Taxable income = Coupon payment + Accretion = $80 - $20 = $60

As a result, the bond's taxable income for the next year is $60.

The taxable income of a bond refers to the income that is subject to income tax. For a bond with a fixed coupon rate, the taxable income is equal to the coupon payment plus any accretion or amortization that occurs over the year. Accretion is the increase in the bond's value over time, which occurs as the bond approaches its maturity date.

In this case, the bond has a coupon rate of 8%, a par value of $1,000, and a time to maturity of 10 years. The current market price of the bond is $800. To calculate the taxable income of the bond over the next year, we first calculate the coupon payment, which is equal to the coupon rate times the par value. In this case, the coupon payment is $80.

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Avon's core mission and values are to empower women and provide high-quality beauty products. While both options have their merits, focusing on satisfying the needs and wants of sales representatives and customers is more aligned with Avon's core mission and values.

Avon was founded with the mission to empower women and offer them an opportunity to earn an income, and focusing on the needs and wants of sales representatives would align with this mission. Additionally, Avon has always been known for its customer-centric approach, and focusing on customer satisfaction would reinforce this aspect of the company's values.

While profitability is important for any company, prioritizing it over the needs and wants of sales representatives and customers may not align with Avon's core mission and values. It is important to find a balance between profitability and customer satisfaction, but ultimately, the needs and wants of sales representatives and customers should be the driving force behind Avon's decisions.

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The entries would depend on the specific accounts used by each company and their accounting method. You may need to consult with an accountant or refer to the company's financial records for guidance on how to prepare the entries.

To record the sales transactions and related taxes for each company, you need to determine the amount of sales and the amount of sales taxes. In the first situation, Wildhorse Co. separates sales and sales taxes on its cash register, so you can easily determine the amounts of each. The sales amount is $33,000, and the sales tax amount is $1,650.

In the second situation, Carla Vista Co. does not segregate sales and sales taxes on its cash register, so you need to calculate the sales amount and the sales tax amount separately. To do this, you can divide the register total by 1.06, which is the equivalent of adding 6% sales tax to the sales amount. The calculation would be as follows:

Sales amount = Register total ÷ 1.06

Sales amount = $25,440 ÷ 1.06 = $24,000

Sales tax amount = Register total - Sales amount

Sales tax amount = $25,440 - $24,000 = $1,440

Once you have determined the amounts of sales and sales taxes for each company, you can prepare the journal entries to record the transactions.

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Savings institutions participate in the swap market primarily to serve as an intermediary by matching up two parties in a swap.

A swap is a financial contract between two parties to exchange cash flows based on a notional amount for a specific period of time. Savings institutions act as intermediaries between parties who want to exchange cash flows in a swap transaction. They bring together parties who have opposite needs and match them up to complete the swap.

Savings institutions do not typically take on the counterparty position in a swap, as this would increase their interest rate risk. Instead, they facilitate the swap transaction without assuming any financial risk. By matching up parties in a swap, savings institutions earn a fee for their services, which helps to generate revenue. Therefore, the correct answer is: savings institutions participate in the swap market primarily to serve as an intermediary by matching up two parties in a swap.

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Article titled "Amazon's use of AI to hire workers is exacerbating inequality, lawsuit claims" published on The Guardian on October 10, 2018.

The article discusses a lawsuit filed against Amazon by three women who claim that the company's use of artificial intelligence (AI) for hiring purposes is discriminatory. According to the lawsuit, Amazon's AI system, which analyzes resumes and identifies the best candidates for open positions, was biased against women. The AI system reportedly used historical hiring data, which was predominantly male-dominated, to evaluate candidates and therefore resulted in fewer female candidates being selected for interview.

The ethical concern raised by this article is the potential for AI to perpetuate and even exacerbate existing biases and inequalities. In this case, the use of historical data that reflects past discriminatory hiring practices resulted in a biased algorithm that continued to discriminate against women. This can have significant consequences for individuals and society as a whole, as it can lead to a lack of diversity in the workplace and perpetuate gender inequality. Furthermore, this case highlights the need for companies to ensure that their use of AI is ethical and unbiased. As AI continues to play a more significant role in business operations, it is crucial that companies take steps to prevent algorithmic bias and ensure that their use of AI is fair and equitable. Failure to do so could result in legal and reputational consequences, as well as perpetuating inequalities in society.

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To calculate the total weekly costs for an optimum layout, we need to use the formula:

Total Cost = Distance x Flow x Cost per load per meter

Using the distances and flow matrices provided, we can calculate the total costs for each department in each area:

Department X:
- Area i: 0 x 0 = 0
- Area ii: 10 x 60 x 0.5 = $300
- Area iii: 20 x 90 x 0.5 = $900
Total Cost for Department X = $1,200

Department Y:
- Area i: 0 x 40 = 0
- Area ii: 10 x 0 x 0 = 0
- Area iii: 20 x 160 x 0.5 = $1,600
Total Cost for Department Y = $1,600

Department Z:
- Area i: 0 x 110 = 0
- Area ii: 10 x 140 x 0.5 = $700
- Area iii: 20 x 0 x 0 = 0
Total Cost for Department Z = $700

Therefore, the total weekly costs for an optimum layout is $3,500.

To determine which layout will minimize the total distance loads will be moved each week, we need to calculate the total distance loads for each layout option.

Layout Option 1:
- Department X in Area i, Department Y in Area ii, Department Z in Area iii
- Total distance loads = 10 + 20 + 140 = 170 meters

Layout Option 2:
- Department X in Area iii, Department Y in Area i, Department Z in Area ii
- Total distance loads = 20 + 10 + 110 = 140 meters

Layout Option 3:
- Department X in Area ii, Department Y in Area iii, Department Z in Area i
- Total distance loads = 10 + 20 + 110 = 140 meters

Therefore, Layout Option 2 and 3 will minimize the total distance loads, both with a total of 140 meters.

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In equilibrium, the price of a bushel of corn will be less than the marginal social cost of the last bushel of corn sold. So, correct option is B.

This is because the marginal social cost includes both the private cost incurred by the farmer in producing the corn and the external cost of the methane gas emissions.

In a free market, the price of corn is determined by the intersection of the supply and demand curves. The supply curve represents the marginal private cost of producing corn, which does not take into account the external cost of methane gas emissions.

The demand curve represents the marginal private benefit of consuming corn, which also does not consider the external costs.

However, the marginal social cost of producing corn is higher than the marginal private cost, as it includes the external cost of methane gas emissions. This means that the price of corn in a free market will be too low to reflect the true social cost of production, leading to an overproduction of corn and an inefficient allocation of resources.

To address this problem, policy interventions such as a tax on methane gas emissions or a cap-and-trade system can be implemented to internalize the external costs and ensure that the price of corn reflects its true social cost. This would lead to a reduction in corn production and a more efficient allocation of resources.

So, correct option is B.

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The marginal revenue curve for a single-price monopoly is downward-sloping and lies below the demand curve. This is because the monopoly has market power and can control the price it charges for its product.

When a monopoly lowers its price to sell more units, it faces two opposing effects: the output effect and the price effect.

The output effect is the increase in revenue resulting from selling more units at a lower price, while the price effect is the decrease in revenue resulting from lowering the price of all units sold. As the monopoly lowers the price, the output effect and price effect work in opposite directions, and the marginal revenue curve reflects the net effect of these two forces.

In a single-price monopoly, the marginal revenue curve will be below the demand curve because the price effect dominates the output effect. As a result, the marginal revenue curve slopes downward, but it is steeper than the demand curve.

At the profit-maximizing output level, the marginal revenue curve will intersect with the marginal cost curve, and the corresponding price will be higher than the marginal cost, resulting in a higher price and lower output than would occur in a perfectly competitive market.

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The expected annual cash flow for Project A is $6,950 and for Project B is $8,800. The standard deviation for Project B is $6,472 and the coefficient of variation is 0.74. Using these values, we can calculate the standard deviation for Project A as $7,800 and the coefficient of variation as 1.12.

To calculate the expected annual cash flow for each project, we need to calculate the weighted average of the cash flows based on their probabilities:

For Project A:

Expected annual cash flow = (0.2 x $6,250) + (0.6 x $7,000) + (0.2 x $7,750) = $6,950

For Project B:

Expected annual cash flow = (0.2 x $0) + (0.6 x $7,000) + (0.2 x $18,000) = $8,800

Therefore, the expected annual cash flow for Project A is $6,950, and for Project B is $8,800.

To calculate the values of ?A and CVA, we need to use the formula:

? = CV x E(x)

Where ? is the standard deviation, CV is the coefficient of variation, and E(x) is the expected value.

For Project B:

?B = CVB x E(B) = 0.74 x $8,800 = $6,472

For Project A:

?A = ?B / CVB x CVA = $5,776 / 0.74 = $7,800

CVA = ?A / E(A) = $7,800 / $6,950 = 1.12

Therefore, the values of ?A and CVA are $7,800 and 1.12, respectively.

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Bodily injury sustained by an insured would be covered under part b - medical payments coverage of an unendorsed personal auto policy if the insured is occupying a vehicle used for car pools.

Auto insurance, commonly known as automobile insurance, offers liability insurance coverage for harm or damage done to others and may also cover harm or damage done to the insured. A collision will cause damage to the insured's car, and comprehensive coverage will take care of any additional insurable losses to the car that are not caused by collisions, including stone chips in the windshield, vandalism, or theft.

Most people choose to get collision and comprehensive coverage if they have a newer car because it is typically optional. To safeguard their assets, most lenders demand collision and comprehensive coverage if the car was bought with an insurance.

Option A is the correct answer.

The complete question is, "Bodily injury sustained by an insured would be covered under part b - medical payments coverage of an unendorsed personal auto policy if the insured is occupying which vehicle?

A. a vehicle used for car pools

B. a motorcycle

C. the named insured's company car

D. a vehicle used as a residence"

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The revenue variance for May is $500.

Piechocki Corporation had budgeted to manufacture and sell 8,000 units of its product, but the actual level of activity in May was 8,050 units. The company has provided the fixed and variable elements per unit of its revenue, direct labor, direct materials, manufacturing overhead, and selling and administrative expenses, which were used in the budgeting process. The actual results for May have also been provided.

To calculate the revenue variance for May, we need to first determine the budgeted revenue and the actual revenue for the month. The budgeted revenue can be calculated as follows:

Budgeted revenue = Budgeted units x Budgeted revenue per unit

Budgeted revenue = 8,000 units x $35.50 per unit

Budgeted revenue = $284,000

The actual revenue for May was $284,500, which is $500 higher than the budgeted revenue. Therefore, the revenue variance for May is $500 F (favorable), since actual revenue exceeded the budgeted revenue.

It's worth noting that the revenue variance is a result of the difference between the actual selling price and the budgeted selling price per unit. However, we don't have enough information to calculate the price variance separately from the revenue variance in this scenario.

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Since the PDV of the future cash flows is greater than the total cost of the program, participating in the training program is worthwhile. Therefore, you should participate in the training program.

Whether participating in the training program is worthwhile, we need to calculate the present discounted value (PDV) of the future cash flows that will be generated as a result of completing the program.

Total cost of the program

Total cost = $1,900

Total additional income that will be generated as a result of completing the program

Additional income per month = $500

Number of months = 18

Total additional income = $500 x 18 = $9,000

PDV of the future cash flows using a discount rate of 5%

PDV = (Additional income per month / (1 + discount rate) * month) + ... + (Additional income in last month / (1 + discount rate)* month)

PDV = [tex]($500 / (1 + 0.05)^1) + ($500 / (1 + 0.05)^2) + ... + ($500 / (1 + 0.05)^18)[/tex]

PDV = $7,794.27

Compare the PDV of the future cash flows to the total cost of the program

PDV ($7,794.27) > Total cost ($1,900)

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The statement given "Peer-to-peer support and teamworking are important for enhancing the learning experience" is true because they both are important for enhancing the learning experience.

Peer-to-peer support is vital in the following ways:

It encourages students to participate in classroom and extracurricular activities because they feel supported and encouraged.

It assists students in identifying with their peers and feeling a sense of belonging.

It can help students manage stress and anxiety, which can lead to better academic performance.

Teamwork is vital in the following ways:

Collaboration is a key part of teamwork. When students collaborate on a project or an assignment, they learn from one another, improve their skills, and build their confidence.

Teamwork promotes leadership skills, as team members may have to take on different roles in order to achieve their goals.

Teamwork teaches time management and organization skills because the group must work together to achieve its objectives.

"

Complete question

Peer-to-peer support and teamworking are important for enhancing the learning experience.

True

False

"

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a) The 2020 season ticket revenue for championship state university football is $25,948,800.

b) We can conclude that the ticket revenues are fairly stated in all material respects

a. To estimate 2020 season ticket revenue for Championship State University football, we can use the following approach:

Calculate the total attendance for the 2020 season by adding up the attendance for each home game. Based on the information given, we know that two games had a lower attendance of 50,000 and the final game sold out, so we can assume an attendance of 88,300 for that game.

For the other four in-conference games, we can use the average attendance of 75,000 from the 2019 season as a benchmark.

Calculate the total number of tickets sold by multiplying the total attendance by the number of tickets sold per person, which is 1 since each person attending a game needs a ticket.

Calculate the estimated revenue by multiplying the total number of tickets sold by the ticket price of $56.

Using this approach, we estimate the 2020 season ticket revenue for Championship State University football to be:

Total attendance = (2 x 50,000) + (4 x 75,000) + 88,300 = 463,300

Total number of tickets sold = 463,300 x 1 = 463,300

Estimated revenue = 463,300 x $56 = $25,948,800

b. Based on the estimate, the ticket revenues for 2020 are only slightly higher than the reported unaudited revenues of $26,600,000. The difference is within the tolerable misstatement of $500,000. Therefore, we can conclude that the ticket revenues are fairly stated in all material respects, and no further investigation is necessary.

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If actual direct labor hours for the period for small table lamp production is 285,000 would be $456,000. So, the correct answer is (c)

The plantwide factory overhead rate is calculated by dividing the total factory overhead budget by the estimated direct labor hours. In this case, the plantwide factory overhead rate would be $1.60 per direct labor hour ($640,000 ÷ 400,000 direct labor hours).

To allocate factory overhead to small table lamp production, we multiply the actual direct labor hours used for small table lamp production (285,000) by the plantwide factory overhead rate of $1.60 per direct labor hour. This gives us an allocated factory overhead of $456,000 (285,000 × $1.60).

Therefore, the correct answer is (c) $456,000.

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The fair value adjustment for available-for-sale securities is recorded through the following journal entry:

Year 1:

Debit: Unrealized Gain/Loss on Available-for-Sale Securities $6,500

Credit: Accumulated Other Comprehensive Income $6,500

Year 2:

Debit: Unrealized Gain/Loss on Available-for-Sale Securities $9,100

Credit: Accumulated Other Comprehensive Income $9,100

Year 3:

Debit: Unrealized Gain/Loss on Available-for-Sale Securities $9,600

Credit: Accumulated Other Comprehensive Income $9,600

Year 4:

Debit: Unrealized Gain/Loss on Available-for-Sale Securities $4,900

Credit: Accumulated Other Comprehensive Income $4,900

The Unrealized Gain/Loss on Available-for-Sale Securities account is a temporary account that is closed to Retained Earnings at the end of each fiscal year. The Accumulated Other Comprehensive Income account is a permanent account on the balance sheet that accumulates the fair value adjustments until they are realized.

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The tax structure depicted in this tax schedule is a progressive. The correct option is b. Progressive.

This means that as a taxpayer's income increases, the percentage of their income paid in taxes also increases. This can be seen in the different tax brackets outlined in the exhibit, where those with higher incomes pay a higher percentage of their income in taxes compared to those with lower incomes.

A progressive tax structure is often used by governments to promote income equality and to fund social programs. By taxing higher earners at a higher rate, the government can generate more revenue to fund programs that benefit all citizens, including those who may not be able to afford basic necessities on their own.

Overall, a progressive tax structure is seen as a fair and equitable way to tax citizens, as those with more resources are able to contribute more to society. However, there may be arguments against this type of tax structure, such as the potential for higher earners to move to lower-tax jurisdictions or the impact on small businesses. The correct option is b. Progressive.

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Rachel should serve the regional food as she discusses each region during the presentation.

This approach will create an immersive experience for the audience, allowing them to fully engage with the presentation and experience the food and culture of each region. Additionally, serving the food during the presentation will help break up the monotony of the presentation and keep the audience engaged and attentive.

Serving the regional food at the beginning of the presentation may be overwhelming for the audience, as they may not be able to fully appreciate the significance of the food without the context of the presentation. On the other hand, serving the food at the end of the presentation may not be as effective, as the audience may be more focused on leaving the presentation than on enjoying the food.

By serving the regional food as she discusses each region, Rachel can provide a holistic experience for the audience, tying together the culture, history, and cuisine of each region. This approach will not only help the audience retain the information presented but also create a memorable and enjoyable experience for them.

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a. To calculate EPS for each plan, we need to find the earnings available for common shareholders.

Plan i:

EBIT = $14,800

Interest expense = $37,440 * 0.10 = $3,744

Earnings before taxes (EBT) = $14,800 - $3,744 = $11,056

Earnings available for common shareholders = $11,056

EPS = $11,056 / 3,500 = $3.16

Plan ii:

EBIT = $14,800

Interest expense = $66,560 * 0.10 = $6,656

Earnings before taxes (EBT) = $14,800 - $6,656 = $8,144

Earnings available for common shareholders = $8,144

EPS = $8,144 / 2,800 = $2.91

All-equity plan:

EBIT = $14,800

Earnings before taxes (EBT) = $14,800

Earnings available for common shareholders = $14,800

EPS = $14,800 / 4,400 = $3.36

Therefore, plan i has the highest EPS, and plan ii has the lowest EPS.

b. The break-even level of EBIT is the level at which EPS for a particular plan equals EPS for the all-equity plan.

Plan i:

EPS = $14,800 - $3,744 / 3,500 = $2.79

Break-even level of EBIT = $3.36 * 4,400 + $3,744 = $18,454.40

Plan ii:

EPS = $14,800 - $6,656 / 2,800 = $2.47

Break-even level of EBIT = $3.36 * 4,400 + $6,656 = $25,900.40

The break-even level of EBIT for plan ii is higher than that for plan i because it has more debt and thus higher interest expense.

c. To find when EPS is identical for plans i and ii, we can set the two EPS equations equal to each other:

$11,056 / 3,500 = $8,144 / 2,800

Solving for EBIT, we get EBIT = $16,771.20.

d. To calculate EPS and the break-even levels of EBIT with taxes, we need to adjust for the tax shield on interest expense.

Plan i:

EBIT = $14,800

Interest expense = $37,440 * 0.10 = $3,744

Taxable income = $14,800 - $3,744 = $11,056

Taxes = $11,056 * 0.21 = $2,321.76

Net income available for common shareholders = $11,056 - $2,321.76 = $8,734.24

EPS = $8,734.24 / 3,500 = $2.50

Break-even level of EBIT = $3.36 * 4,400 + $3,744 * 0.79 = $18,605.84

Plan ii:

EBIT = $14,800

Interest expense = $66,560 * 0.10 = $6,656

Taxable income = $14,800 - $6,656 = $8,144

Taxes = $8,144 * 0.21 = $1,710.24

Net income available for common shareholders = $8,144 - $1,710.24 = $6,433.76

EPS

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Flamingo Floyd's marginal revenue product from hiring the 6th worker is $616.

To calculate Flamingo Floyd's marginal revenue product (MRP) from hiring the 6th worker, we need to first calculate the marginal product of labor (MPL) and the marginal revenue (MR) of the tanning salon.

MPL is the additional output produced by adding one more worker. In this case, the MPL of the 6th worker is 56, which means that this worker will produce 56 additional tanning sessions.

MR is the additional revenue generated by selling one more unit of output. In this case, the price of a tanning session is $11, so the MR of the 6th worker is $11.

The MRP of the 6th worker can be calculated as:

MRP = MPL x MR

Substituting the values we have:

MRP = 56 x $11

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Companies generally decide to expand globally to increase their market share, revenue and profits. By expanding globally, companies have the opportunity to reach new customers and tap into new markets.

This allows them to increase their customer base and grow their business beyond their home country. Global expansion also allows companies to diversify their revenue streams, reducing their dependence on any one market or product. Another reason for global expansion is to take advantage of economies of scale. When companies expand globally, they can produce goods or services at a lower cost due to the ability to purchase raw materials or labor at a lower cost. This can increase their profitability and competitiveness in the global marketplace.

Finally, global expansion can provide companies with access to new technologies, talent and resources that may not be available in their home country. This can help them to stay competitive and innovative in their industry.Overall, global expansion can be a strategic move for companies looking to grow their business, increase their revenue and profits, and stay competitive in the global marketplace.

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The total cost of this plan is calculated by adding together the costs associated with hiring, laying off, holding, backorder, straight-time labor, and overtime labor.

Hiring costs $120 per new worker, laying off costs $240 per worker laid off, holding costs $21 per unit-quarter, backorder cost is $9 per unit, and straight-time labor is $12 per hour while overtime is $18 per hour.

To find the total cost of the plan, these costs need to be multiplied by the number of workers hired, laid off, and hours of labor needed to meet the demand forecast. The total cost of the plan is the sum of these costs.

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The contribution margin per unit of the constrained resource for product b, if labor time is the constrained resource, is $3 per minute. Option 2 is correct.

Since labor time is the constrained resource, we need to calculate the contribution margin per minute of labor for each product. For product A, contribution margin per minute of labor = contribution margin per unit / labor time per unit

For product B, contribution margin per minute of labor = contribution margin per unit / labor time per unit

Since both products have a contribution margin ratio of 40%, the contribution margin per unit of the constrained resource for product B would be $3 per minute. Hence Option 2 is correct.

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Flat organizations have a structure with few levels of middle management between leadership and employees—or, in some cases, no middle management at all. Small organizations and startups often have flat structures because they have fewer employees and less of a need for hierarchical management.

A Tall structure results in one long chain of command similar to the military. As an organization grows, the number of management levels increases and the structure grows taller. In a tall structure, managers form many ranks and each has a small area of control.

Decision making is decentralized in a flat organization, and staff members are given more freedom and accountability. This may result in a more responsive and adaptable organization, but it may also create problems with coordination and communication. For flat organizations to succeed strong leadership and transparent communication are essential.

In large bureaucratic organizations with distinct levels of authority and a centralized system of decision making, tall structures are frequently present. Tall structures have the advantage of offering clear lines of communication and control but they can also be slow to adapt to changes and can foster a rigid bureaucratic work environment.

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Answer:

The two accounts with the most liquidity are savings accounts and checking accounts. These accounts allow for easy and quick access to cash, and funds can be easily withdrawn or transferred.