Change champions are biased and only bring selective change. Defend the statement.
No plagarism
500 words
cite and give refertence

Answers

Answer 1

Change champions are individuals who are passionate about driving change and innovation within an organization. They are often seen as leaders and influencers, and their role is to help guide and support others through the change process. However, it is important to note that change champions can also be biased and may only bring selective change.

One reason for this bias is that change champions may have a personal agenda or vested interest in the change that they are advocating for. For example, if a change champion is advocating for a new technology system that they personally stand to benefit from, they may be biased in their support of this change and may only push for the changes that will benefit them personally.

Another reason for bias among change champions is that they may be more focused on their own ideas and perspectives, and may not be open to the ideas and perspectives of others. This can lead to a selective approach to change, where only the changes that align with the change champion's ideas and perspectives are pursued.

Furthermore, change champions may also be biased in their selection of team members and stakeholders to involve in the change process. They may choose to only involve those who they believe will be supportive of their ideas and perspectives, and may exclude those who they believe will be critical or unsupportive of their agenda.

Despite these potential biases, it is important to remember that change champions can also play a valuable role in driving change and innovation within an organization. They can help to inspire and motivate others, and can provide valuable support and guidance throughout the change process.

However, it is important to be aware of the potential biases that can arise among change champions, and to take steps to ensure that the change process is inclusive, transparent, and unbiased.

In conclusion, change champions can be biased and may only bring selective change. This can be due to personal agendas, a focus on their own ideas and perspectives, and a biased selection of team members and stakeholders.

However, change champions can also play a valuable role in driving change and innovation within an organization, and it is important to be aware of the potential biases that can arise and to take steps to ensure that the change process is inclusive, transparent, and unbiased.


References:
Cameron, E., & Green, M. (2015). Making sense of change management: A complete guide to the models, tools, and techniques of organizational change (4th ed.). London: Kogan Page.

Kotter, J. P. (1996). Leading change. Boston: Harvard Business School Press.

Senge, P. M. (1990). The fifth discipline: The art and practice of the learning organization. New York: Doubleday.

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Related Questions

Case analysisFTW corporation sells computer peripherals and related devices, such as printers, ink, flash drives and cables. FTW has a staff of three purchasing agents, each of whom oversees a specific set of inventory items.Each purchasing agent uses his/her discretion in making decisions about when to order inventory, how much inventory to order, and which vendor to purchase from. When ordered inventory arrives at FTW, one of two receiving clerks matches the items, quantities, and vendors against a copy of the purchase order, then either stocks the merchandise on the shelves or puts it in the storeroom. FTW's accountant receives a copy of the invoice from the vendor, as well as an e-mail from one of the receiving clerks indicating that merchandise has been received. The e-mail also includes the relevant purchase order number. The accountant files the invoice by date in a filing cabinet; once a week, the accountant removes invoices from the filing cabinet and pats them by check. To cut down on clutter in the office, the accountant shreds the vendor invoice after the check has been paid by the bank. The accountant also completes a bank reconciliation within two weeks of receiving the bank statement in the mail.1. upon reading the case, discuss the need of an operations audit.

Answers

The answers to the given question about the inventory is given below:

INPUT

1. The receipt -because the receipt will be utilized with its instalment sum and agreements to clear the instalment. Thus this is a contribution to the instalment process

2. Agent's email having PO number - the bookkeeper will utilize buy request as the contribution to request to start instalment. He needs to coordinate the receipt sum with that in the PO. Along these lines, this is likewise a contribution to the instalment process.

PROCESS

1. Deliveringinstalmentss to the sellers - involving the contributions as referenced in the above para, the bookkeeper does this, subsequently,y this is the interaction.

2. Putting in a request This is a piece of the 'securing' process

Yield

1. Buy request - this a result of the procurement or buying process

2. Check - Check is created solely after the instalment cycle is finished. Henceforth this is a result of the instalment cycle

Capacity

1. Stock document - This will be remembered for the 'ace' record of capacity part

2. Receipt document is likewise remembered for capacity

Interior CONTROL

1. A representative furnishes an email with the PO number - this framework has been intended to shield the gamble of excessive charge or underpayment during the instalment interaction. consequently, this is essential for interior control

2. One of their representative's coordinates got things with that in the PO - this framework has been carried out to alleviate the gamble of misfortune due to getting an amount more than or not exactly the requested amount. This is additionally essential for inward control.

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Consider a bond issued by the Lee Corporation. The bond matures on March 15, 2041, and pays a 5 percent annual coupon, paid semi-annually. Interest accrues following the 30/360 interest accrual convention. Please assume that the par value of the bond is $100. Lee Corporation has an investment-grade credit rating of A. Today (the "settlement date") is 3/8/2021.
A. Suppose that a reasonable risk-free benchmark interest rate for that bond’s cash flows would be 4 percent per year. What would the (clean) price of this bond be if this bond were priced at this risk-free benchmark rate?
B. Suppose that the clean price of the bond is 95. What is the yield of this bond?
C. What is the implied spread to the risk-free benchmark described above?
D. What is the accrued interest and dirty price of this bond right now?
E. What is the Macaulay Duration of the bond?
F. What is the Modified Duration of the bond?
G. Use this Modified Duration to calculate an approximate measure of the bond’s percent price change if the benchmark yield were to rise 0.5% with no change in spreads.

Answers

A. The clean price of the bond at the risk-free benchmark rate is $104.46

B. The yield of the bond is 5.26%.

C. The implied spread to the risk-free benchmark is 1.26%

D. The accrued interest of this bond is $0.32 and the dirty price is $95.32

E. The Macaulay Duration of the bond is 18.32

F. The Modified Duration of the bond is 17.48

G. The approximate measure of the bond's percent price change if the benchmark yield were to rise 0.5% with no change in spreads is -8.74%.

A. The clean price of the bond at the risk-free benchmark rate of 4% can be calculated using the formula:
Price = (C/2) * [(1 - (1 + r/2)^-2n)/(r/2)] + (FV/(1 + r/2)^2n)
Where C is the annual coupon, r is the risk-free benchmark rate, n is the number of years until maturity, and FV is the par value of the bond. Plugging in the given values:
Price = (5/2) * [(1 - (1 + 0.04/2)^-2*20)/(0.04/2)] + (100/(1 + 0.04/2)^2*20)
Price = $104.46
Therefore, the clean price of the bond at the risk-free benchmark rate is $104.46.
B. The yield of the bond can be calculated using the formula:
Yield = [(C/2) + ((FV - Price)/(2n))] / [(FV + Price)/2]
Where C is the annual coupon, FV is the par value of the bond, Price is the clean price of the bond, and n is the number of years until maturity. Plugging in the given values:
Yield = [(5/2) + ((100 - 95)/(2*20))] / [(100 + 95)/2]
Yield = 0.0526 or 5.26%
Therefore, the yield of the bond is 5.26%.
C. The implied spread to the risk-free benchmark is the difference between the yield of the bond and the risk-free benchmark rate. In this case, the implied spread is:
Implied spread = 5.26% - 4% = 1.26%
D. The accrued interest of the bond can be calculated using the formula:
Accrued interest = (C/2) * (d/D)
Where C is the annual coupon, d is the number of days since the last coupon payment, and D is the number of days in the coupon period. In this case, the accrued interest is:
Accrued interest = (5/2) * (23/180) = $0.32
The dirty price of the bond is the sum of the clean price and the accrued interest. In this case, the dirty price is:
Dirty price = $95 + $0.32 = $95.32
E. The Macaulay Duration of the bond can be calculated using the formula:
Macaulay Duration = [(C/2) * (1 + (1/(1 + r/2))^2n - 1)/(r/2) + (2n * FV/(1 + r/2)^2n)] / Price
Where C is the annual coupon, r is the yield of the bond, n is the number of years until maturity, FV is the par value of the bond, and Price is the clean price of the bond. Plugging in the given values:
Macaulay Duration = [(5/2) * (1 + (1/(1 + 0.0526/2))^2*20 - 1)/(0.0526/2) + (2*20 * 100/(1 + 0.0526/2)^2*20)] / 95
Macaulay Duration = 18.32
F. The Modified Duration of the bond can be calculated using the formula:
Modified Duration = Macaulay Duration / (1 + r/2)
Where Macaulay Duration is the Macaulay Duration of the bond and r is the yield of the bond. Plugging in the given values:
Modified Duration = 18.32 / (1 + 0.0526/2)
Modified Duration = 17.48
Therefore, the Modified Duration of the bond is 17.48.
G. The approximate measure of the bond's percent price change can be calculated using the formula:
Percent price change = -Modified Duration * (change in yield)
Where Modified Duration is the Modified Duration of the bond and change in yield is the change in the benchmark yield. Plugging in the given values:
Percent price change = -17.48 * (0.005)
Percent price change = -0.0874 or -8.74%

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At what rate of interest will a payment of 1 now and 2 in one
year accumulate to 4 in 2 years?

Answers

The interest rate cannot be negative, the answer is i ≈ 0.79, or approximately 79%.

To find the rate of interest at which a payment of 1 now and 2 in one year will accumulate to 4 in 2 years, we can use the formula for the future value of an annuity:

FV = PMT × [(1 + i)ⁿ - 1] / i

Where FV is the future value, PMT is the payment, i is the interest rate, and n is the number of periods.

In this case, we have:

FV = 4
PMT = 1 + 2 = 3
n = 2

Substituting these values into the formula, we get:

4 = 3 × [(1 + i)² - 1] / i

Simplifying and rearranging, we get:

4i = 3(1 + i)² - 3

Expanding and rearranging again, we get:

0 = 3i² - 4i - 3

Using the quadratic formula, we can solve for i:

i = (-b ± √(b² - 4ac)) / (2a)

Where a = 3, b = -4, and c = -3.

i = (-(-4) ± √((-4)² - 4(3)(-3))) / (2(3))

i = (4 ± √(16 + 36)) / 6

i = (4 ± √52) / 6

i ≈ 0.79 or i ≈ -1.13

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Free-trade zones and free trade agreements are basically the same things?
True
False

Answers

It is a false statement that free-trade zones and free trade agreements are basically the same things.

What is difference in Free-trade zones and free trade agreements?

Free-trade zones and free trade agreements are both initiatives that promote international trade and economic growth by reducing barriers to trade between countries. However, they differ in their approach and scope.

Free-trade zones are designated geographic areas where goods can be imported, manufactured, and exported without being subject to the tariffs and other trade barriers that apply outside the zone. This allows businesses to take advantage of lower costs and greater efficiency by setting up operations in the zone. Examples of free-trade zones include Dubai's Jebel Ali Free Zone and China's Shenzhen Special Economic Zone.

Free trade agreements are agreements between two or more countries that establish mutually beneficial terms for trade between them. They eliminate or reduce tariffs and other trade barriers on goods and services traded between the countries, and may also address other issues such as intellectual property rights

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Some theorists have emphasized the dual influence of ----- and ----- on personality development. *Heredity and Early childhood experiencesSocial and Political influencesEarly childhood experiences and SocietyHeredity and environmental influencesWhen researchers use counting or video recording devices to capture customers' behaviors or responses, they use ----research. *Mechanical observationPhysiological observationExperimentsProjective techniqueIndividuals are somewhat more aware of their ----- needs than they are of their ----- needs. *Physiological, PsychologicalPsychological, PhysiologicalExtrinsic, PhysiologicalIntrinsic, Psychological

Answers

Some theorists have emphasized the dual influence of Heredity and environmental  on personality development.

When researchers use counting or video recording devices to capture customers' behaviors or responses, they use Mechanical observation research.

Individuals are somewhat more aware of Physiological needs than they are of Psychological needs.

Theorists have emphasized the dual influence of heredity and environmental influences on personality development. Heredity influences an individual's personality through genetic factors, while environmental influences include factors such as social interactions, cultural norms, and personal experiences.


Researchers use mechanical observation when they use counting or video recording devices to capture customers' behaviors or responses. This type of research allows for objective and accurate data collection without the potential biases of human observation.


Individuals are somewhat more aware of their physiological needs, such as hunger, thirst, and sleep, than they are of their psychological needs, such as belonging, self-esteem, and self-actualization. This is because physiological needs are essential for survival and are therefore more immediately apparent, while psychological needs may be less obvious and more difficult to fulfill.

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How to find process capability ratio acceptance sampling operating characteristics curve average outgoing quality discuss eac with examples

Answers

The process capability ratio is a measure of how well a process can produce a product within specified quality limits. It is calculated by dividing the process tolerance by the process variability.

There are several steps involved in finding the process capability ratio:

1. Identify the process tolerance: The process tolerance is the difference between the upper specification limit (USL) and the lower specification limit (LSL) for the product.

2. Calculate the process variability: The process variability is typically measured by the standard deviation of the process.

3. Calculate the process capability ratio: The process capability ratio is calculated by dividing the process tolerance by the process variability. For example, if the process tolerance is 10 units and the process variability is 2 units, the process capability ratio would be 10/2 = 5. Acceptance sampling is a quality control technique that is used to determine whether a batch of products meets the specified quality standards. It involves taking a sample of products from the batch and inspecting them to determine if they meet the quality standards. If the sample meets the standards, the entire batch is accepted; if not, the entire batch is rejected. The operating characteristics curve is a graph that shows the probability of accepting a batch of products based on the quality level of the batch. It is used to determine the appropriate sample size and acceptance criteria for acceptance sampling.

The average outgoing quality is the average quality level of products that are shipped to customers. It is calculated by taking the total number of defective products and dividing by the total number of products shipped.

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You want to save $500,000 dollars for retirement in your 401K over the next 30 years, 27. How much must you deposit weekly if the annuity is paying 7.35%? 28. What will be your total payments into the annuity over the 30 year period? 29. How much interest did you earn while building your annuity? 30. You retire with $500,000 in your 401K which earns 7.35%. What distribution would you receive monthly if you plan to withdraw funds for the next 25 years?

Answers

To answer these questions, we need to use the formula for a future value annuity:

FV = P * [(1 + r)^n - 1] / r, where FV is the future value, P is the payment, r is the interest rate, and n is the number of periods.


27. To find the weekly payment, we can rearrange the formula to solve for P: P = FV * r / [(1 + r)^n - 1]. Plugging in the given values, we get:
P = $500,000 * 0.0735 / [(1 + 0.0735)^(30 * 52) - 1] = $40.22
So you must deposit $40.22 weekly to reach your goal.
28. The total payments into the annuity over the 30 year period will be the weekly payment multiplied by the number of weeks: $40.22 * 30 * 52 = $62,741.20
29. The interest earned while building the annuity will be the difference between the future value and the total payments: $500,000 - $62,741.20 = $437,258.80
30. To find the monthly distribution, we can use the formula for a present value annuity: PV = P * [(1 - (1 + r)^-n) / r], and rearrange to solve for P:
P = PV * r / [(1 - (1 + r)^-n)] = $500,000 * 0.0735 / [(1 - (1 + 0.0735)^-(25 * 12))] = $3,323.37
So you would receive $3,323.37 monthly for the next 25 years.

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3. Show that the Black-Scholes formula for a call option gives a
price which tends to [ST − K]+ as t → T .

Answers

The Black-Scholes formula for a call option is given by:

C(S, t) = SN(d1) - Ke^(-r(T-t))N(d2)

where S is the current stock price, K is the strike price, T is the time to maturity, r is the risk-free interest rate, and N is the cumulative normal distribution function. The terms d1 and d2 are given by:

d1 = (ln(S/K) + (r + σ^2/2)(T-t))/(σ√(T-t))

d2 = d1 - σ√(T-t)

As t → T, the terms d1 and d2 will approach infinity and negative infinity, respectively. This means that N(d1) will approach 1 and N(d2) will approach 0. Therefore, the Black-Scholes formula will simplify to:

C(S, t) = S - Ke^(-r(T-t))

As t → T, the term e^(-r(T-t)) will approach 0, so the formula will further simplify to:

C(S, t) = S - K

This is equivalent to the payoff of a call option at maturity, [ST − K]+. Therefore, the Black-Scholes formula for a call option gives a price which tends to [ST − K]+ as t → T.

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1. What is definition of a good User Experience (UX) Design?
2. UX Design is defined as User-Centered, please explain why.
3. One of the principle of design in UX is to have "Great Design is invisible", please describe what this means!
4. Another UX principle design is to let your users get involved in the product design process. How would you propose to do this?
5. How do you plan to make your design work for everyone?
6. One of the important rule in the UX design is designing with accessibility. Please define this!
7. UX design focused on solving the users’ problem, please describe usability!

Answers

1. The definition of a good User Experience (UX) Design is creating products and services that provide meaningful and relevant experiences to users. This includes the design of the entire process of acquiring and integrating the product, including aspects of branding, design, usability, and function.

2. UX Design is defined as User-Centered because it focuses on the needs, wants, and limitations of the end user. The goal is to create a product that is easy to use and provides a positive experience for the user.

3. The principle of "Great Design is invisible" in UX means that the design should be so intuitive and seamless that the user does not even notice it. The user should be able to accomplish their tasks without thinking about the design or interface.

4. To involve users in the product design process, one can conduct user research, create user personas, and involve users in usability testing. This allows for feedback and input from the users, which can then be incorporated into the design.

5. To make a design work for everyone, it is important to consider accessibility and inclusivity. This means designing for users with disabilities, different cultural backgrounds, and different levels of technical proficiency.

6. Designing with accessibility means ensuring that the product can be used by people with disabilities, such as those with visual, hearing, or mobility impairments. This can be achieved through the use of accessible design principles, such as providing alternative text for images, using clear and simple language, and providing keyboard accessibility.

7. Usability in UX design refers to how easy a product is to use and how effectively it helps the user accomplish their goals. This includes factors such as ease of learning, efficiency of use, and user satisfaction.

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labour variances (favourable or adverse)may cauused by 1. the
use of higher skilled staff 2. freequent machine breakdown 3. the
use cheaper workers 4. using poor quality materials

Answers

Labour variances can be affected by a variety of factors, and it is important to consider the potential impact of each factor on labour costs.

Labour variances (favourable or adverse) may be caused by several factors, including:

1. The use of higher skilled staff: This can result in a favourable labour variance if the higher skilled staff are able to complete tasks more efficiently and effectively, leading to less labour costs. However, it can also result in an adverse labour variance if the higher skilled staff are paid more than the budgeted amount for labour.

2. Frequent machine breakdown: This can result in an adverse labour variance if the breakdowns cause delays in production, leading to additional labour costs to meet deadlines.

3. The use of cheaper workers: This can result in a favourable labour variance if the cheaper workers are able to complete tasks at the same level of quality as more expensive workers, leading to lower labour costs. However, it can also result in an adverse labour variance if the cheaper workers are less skilled and require more time to complete tasks, leading to higher labour costs.

4. Using poor quality materials: This can result in an adverse labour variance if the poor quality materials require additional labour to fix mistakes or rework products, leading to higher labour costs.

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The Bartram-Pulley Company (BPC) must decide between two mutually exclusive investment projects. Each project costs $6,750 and has an expected life of 3 years. Annual net cash flows from each project begin 1year after the initial investment is made and have the following probability distributions:
Project A
Project B
Probability
Net Cash Flows
Probability
Net Cash Flows
0.2
$6,000
0.2
$0
0.6
$6,750
0.6
$6,750
0.2
$7,500
0.2
$18,000
BPC has decided to evaluate the riskier project at a 12% rate and the less risky project at a 10% rate.
1. What is the risk-adjusted NPV of each project?
2. If it were known that Project B is negatively correlated with other cash flows of the firm whereas Project A is positively correlated, how would this affect the decision?
3. If Project B’s cash flows were negatively correlated with gross domestic product (GDP), would that influence your assessment of its risk?
Please show formulas

Answers

1. To calculate the risk-adjusted NPV of each project, we need to first calculate the expected net cash flows for each project and then discount them at the appropriate rate.

For Project A:

Expected net cash flows = (0.2 * $6,000) + (0.6 * $6,750) + (0.2 * $7,500) = $6,750

Risk-adjusted NPV = [tex]-$6,750 + ($6,750 / 1.10) + ($6,750 / 1.10^2) + ($6,750 / 1.10^3) = $1,161.39[/tex]
For Project B:

Expected net cash flows = (0.2 * $0) + (0.6 * $6,750) + (0.2 * $18,000) = $8,250

Risk-adjusted NPV = [tex]-$6,750 + ($8,250 / 1.12) + ($8,250 / 1.12^2) + ($8,250 / 1.12^3) = $2,667.82[/tex]

2. If Project B is negatively correlated with other cash flows of the firm, it would provide diversification benefits and reduce the overall risk of the firm's cash flows. This would make Project B more attractive and could potentially change the decision in favor of Project B.

3. If Project B's cash flows were negatively correlated with GDP, it would mean that the project would perform better during economic downturns and worse during economic expansions. T

his would add an additional layer of risk to the project, as it would be more sensitive to changes in the macroeconomic environment. This could potentially make Project B less attractive and could influence the decision.

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Type the correct answer in the box. Spell all words correctly.
Which type of statement is used to communicate one's feelings in a nonconfrontational manner
An
is a statement used to communicate one's feelings in a nonconfrontational
Reset
Next

Answers

An "I" statement is a type of statement used to communicate one's feelings in a nonconfrontational manner. It is a way of expressing how you feel without blaming or attacking the other person.

Which type of statement is used to communicate one's feelings in a nonconfrontational manner ?

"I" statements typically start with "I feel" or "I am feeling" followed by a description of the emotion you are experiencing. For example, instead of saying "You never listen to me," you could say "I feel frustrated when I don't feel heard." This approach emphasizes your personal experience and helps the other person understand how their behavior affects you.

Using "I" statements can promote healthy communication and conflict resolution by reducing defensiveness and encouraging empathy. By expressing your feelings in a nonconfrontational way, you can foster understanding and reach mutually beneficial solutions to problems.

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In calculating the NPV for a cash flow stream, which is true? (Hint: if you are unsure of the answer to this question, construct a simple spreadsheet in Excel using the NPV function). (MARK ALL THOSE THAT APPLY)
A. A discount factor of O will result in an NPV equal to the sum of the cash flow stream
B. A lower discount rate will increase the value for NPV
C. Changing the discount rate has no impact on the value for NPV
D. A higher discount rate will decrease the value for NPV
E. A lower discount rate will decrease the value for NPV
F. A higher discount rate will increase the value for NPV

Answers

The correct answers are:
A. A discount factor of O will result in an NPV equal to the sum of the cash flow stream
B. A lower discount rate will increase the value for NPV
D. A higher discount rate will decrease the value for NPV


Net Present Value (NPV) is a financial metric that is used to measure the profitability of an investment or a project. It is calculated by discounting the future cash flows of an investment to their present value and then subtracting the initial investment. The discount rate is used to calculate the present value of the future cash flows.
A discount factor of 0 will result in an NPV equal to the sum of the cash flow stream because there is no discounting of the future cash flows.
A lower discount rate will increase the value for NPV because the present value of the future cash flows will be higher. Conversely, a higher discount rate will decrease the value for NPV because the present value of the future cash flows will be lower.
Therefore, the correct answers are A, B, and D.

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Suppose your portfolio generates a net return (after expenses)
of -5.00%, and your benchmark generates a net return of
-10.00%. your portfolio's alpha will be
5% explain why and show math

Answers

The alpha of a portfolio is the excess return that the portfolio generates relative to a benchmark index. It is a measure of the portfolio's risk-adjusted performance.

In this case, the portfolio's net return is -5.00% and the benchmark's net return is -10.00%. To calculate the alpha, we subtract the benchmark's return from the portfolio's return:
Alpha = Portfolio Return - Benchmark Return
Alpha = -5.00% - (-10.00%)
Alpha = -5.00% + 10.00%
Alpha = 5.00%
Therefore, the portfolio's alpha is 5.00%. This means that the portfolio outperformed the benchmark by 5.00%, despite generating a negative return. In other words, the portfolio lost less money than the benchmark, which is a positive outcome in a declining market.

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Look up the exchange-traded funds offered by Vanguard and
Fidelity. What are the commissions if you buy Vanguard or Fidelity
ETFs directly from Vanguard or Fidelity?

Answers

Both Vanguard and Fidelity offer a wide range of exchange-traded funds (ETFs) for investors to choose from. When buying ETFs directly from Vanguard or Fidelity, the commissions can vary depending on the specific ETF.

For Vanguard ETFs, there are no commissions if you buy them directly from Vanguard. This means that you can buy and sell Vanguard ETFs without having to pay any commission fees. However, if you buy Vanguard ETFs through a different brokerage firm, you may be subject to commission fees.
For Fidelity ETFs, there are also no commissions if you buy them directly from Fidelity. This means that you can buy and sell Fidelity ETFs without having to pay any commission fees. However, if you buy Fidelity ETFs through a different brokerage firm, you may be subject to commission fees.
In conclusion, if you buy Vanguard or Fidelity ETFs directly from Vanguard or Fidelity, there are no commissions. However, if you buy these ETFs through a different brokerage firm, you may be subject to commission fees. It is always best to check with the specific brokerage firm to determine what their commission fees are before buying any ETFs.

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Raceway Motor Sports Co. Bank Reconciliation Statement July 31, 20-- Task 2: Prepare a bank reconciliation statement for the Raceway Motor Sports Co. using the following information: - The Cash account balance in the company ledger is $3651.40. - A deposit of $565 was recorded in the company journal, but not the bank statement. - Attached the bank statement is a debit memo for $85 for a customer's NSF cheque.
- Bank service charges of $11.40 are shown on the bank statement.

Answers

To prepare a bank reconciliation statement for Raceway Motor Sports Co. as of July 31, 20--, the following steps should be taken:

1. Calculate the balance per bank statement. This is the ending balance of the Cash account as per the bank statement, which is $3560.

2. Add any deposits in transit. In this case, the deposit of $565 recorded in the company journal but not the bank statement should be added to the balance per bank statement. This brings the total to $4125.

3. Subtract any outstanding checks. The debit memo of $85 for a customer's NSF cheque should be subtracted from the total, making it $4040.

4. Subtract any bank service charges. The bank service charges of $11.40 should be subtracted from the total, giving a balance of $4028.60.

5. Calculate the balance per books. This is the ending balance of the Cash account in the company ledger, which is $3651.40.

6. Calculate the reconciling amount. The reconciling amount is the difference between the balance per bank statement and the balance per books, which in this case is $377.20.

The resulting reconciliation statement for Raceway Motor Sports Co. as of July 31, 20-- is as follows:

Balance per Bank Statement: $3560.00

Add: Deposits in Transit: $565.00

Less: Outstanding Checks: ($85.00)

Less: Bank Service Charges: ($11.40)

Balance per Bank Statement: $4028.60

Balance per Books: $3651.40

Reconciling Amount: $377.20

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A 60-40 weighted portfolio between A and B, with respective means 8% and 10%, and standard deviations of return 8% and 10%, plus correlation 50%, has Sharpe Ratio closest to which of the following? Assume the Risk-Free rate is 1%

Answers

The Sharpe Ratio of the portfolio is closest to 1.016.

The Sharpe Ratio is a measure of the risk-adjusted return of a portfolio. It is calculated as the difference between the portfolio's return and the risk-free rate, divided by the portfolio's standard deviation of return. In this case, the Sharpe Ratio can be calculated as follows:

1. Calculate the portfolio's return: 0.6 * 8% + 0.4 * 10% = 8.8%
2. Calculate the portfolio's standard deviation of return: sqrt(0.6^2 * 8%^2 + 0.4^2 * 10%^2 + 2 * 0.6 * 0.4 * 8% * 10% * 50%) = 7.68%
3. Calculate the Sharpe Ratio: (8.8% - 1%) / 7.68% = 1.016

Therefore, the Sharpe Ratio of the portfolio is closest to 1.016. The correct answer is 1.016.

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The industrial company KLM SA manufactures fitness equipment for playgrounds upon orders from its customers. During september of the fiscal year 20x9, it processed and completed exclusively the order No 200, which concerned 2000 individual swings with backpacks with a sale price of 200 € each.
During the month of September, the following actions were taken:
Purchased raw materials costing 180,000 with credit
Raw materials costing 150.000€ were consumed in the production of raw materials
They were paid to the staff through the sight account for direct labour of September 85000 €. The employer's contributions amounted to 20.000€ and the deductions to 15.000€ respectively.
Order No. 200 was delivered to the customer on September 29th . Payment will be made in 2 months.
KLM S.A. charges general industrial expenses to orders using a predetermined attribution rate that at the beginning of the fiscal year was estimated at 60% of the cost of direct labor. Requested:
1. To carry out the journal entries that were made in September from the purchase of the raw materials until the delivery of the order to the customer.
2. Present business activities that the method of costing personalized production (on-demand costing) could be effectively applied.

Answers

1. The journal entries for the actions taken during September are as follows:

Entry 1: Purchase of raw materials costing 180,000 € with credit
Debit: Raw Materials Inventory 180,000 €
Credit: Accounts Payable 180,000 €

Entry 2: Consumption of raw materials costing 150,000 € in the production of order No. 200
Debit: Work in Process Inventory 150,000 €
Credit: Raw Materials Inventory 150,000 €

Entry 3: Payment to staff for direct labor of September 85,000 €, employer's contributions of 20,000 €, and deductions of 15,000 €
Debit: Work in Process Inventory 85,000 €
Debit: Payroll Tax Expense 20,000 €
Credit: Cash 70,000 €
Credit: Employee Withholdings Payable 15,000 €
Credit: Employer Payroll Taxes Payable 20,000 €

Entry 4: Allocation of general industrial expenses using a predetermined attribution rate of 60% of the cost of direct labor
Debit: Work in Process Inventory 51,000 € (60% of 85,000 €)
Credit: Manufacturing Overhead 51,000 €

Entry 5: Delivery of order No. 200 to the customer on September 29th with payment to be made in 2 months
Debit: Accounts Receivable 400,000 € (2000 units x 200 € each)
Credit: Sales Revenue 400,000 €

2. The method of costing personalized production (on-demand costing) could be effectively applied to business activities such as:
- Custom furniture manufacturing
- Custom clothing or fashion design
- Customized software development
- Personalized event planning and coordination
- Customized marketing or branding services

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1. Discuss the contributing factors to the success or failure ofABC (Activity-Based Costing) implementation in companies.2. Discuss how ABC can help companies in performingcustomer profitability analysis.

Answers

1 - Success or failure in implementing ABC can be attributed to several factors, including proper training and communication of all stakeholders, commitment to the process from leadership, data accuracy and availability, and accurate identification and measurement of activities.

2- ABC can help companies in performing customer profitability analysis by providing accurate and detailed cost information about each customer.

1-  Several factors, including proper training and communication of all stakeholders, commitment to the process from leadership, data accuracy and availability, and accurate identification and measurement of activities can be attributed to success or failure in implementing ABC. Properly understanding and identifying the cost drivers of an organization’s activities is essential to successful ABC implementation. Additionally, companies must be able to allocate overhead costs correctly, which is a difficult task. Lastly, ABC is most successful when companies are willing to adopt a culture of continuous improvement and adjust their ABC model regularly as business conditions change.

2 - By providing accurate and detailed cost information about each customer, ABC can help companies in performing customer profitability analysis. Companies can use this cost information to determine the profitability of each customer, by analyzing the cost of providing goods and services to each customer, as well as the customer’s spending behavior. Additionally, ABC can be used to identify the most profitable customer segments and target these segments for future marketing campaigns. ABC can also help companies analyze the cost of production and optimize operations, helping to improve customer profitability.

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eBook Problem Walk-Through Parramore Corp has $14 million of sales, $3 million of inventories, $3 million of receivables, and $1.5 million of payables. Its cost of goods sold is 65% of sales, and it finances working capital with bank loans at an 8% rate. Assume 365 days in year for your calculations.
What is Parramore's cash conversion cycle (CCC)? Do not round intermediate calculations. Round your answer to two decimal places. days
If Parramore could lower its inventories and receivables by 7% each and increase its payables by 7%, all without affecting sales or cost of goods sold, what would be the new CCC? Do not round intermediate calculations. Round your answer to two decimal places. days
How much cash would be freed up, if Parramore could lower its inventories and receivables by 7% each and increase its payables by 7%, all without affecting sales or cost of goods sold? Write out your answer completely. For Example, 13.2 million should be entered as 13,200,000. Do not round intermediate calculations. Round your answer to the nearest dollar. $
By how much would pretax profits change, if Parramore could lower its inventories and receivables by 7% each and increase its payables by 7%, all without affecting sales or cost of goods sold? Write out your answer completely. For Example, 13.2 million should be entered as 13,200,000. Do not round intermediate calculations. Round your answer to the nearest dollar.

Answers

Parramore's cash conversion cycle is 118.6 days. Parramore new cash conversion cycle is 104.65 days. The cash that would be freed up is $251,433. The pretax profits would be $1,115.60.

The cash conversion cycle (CCC) is a measure of how quickly a company can convert its inventory into cash. It is calculated as the sum of the days sales outstanding (DSO), days inventory outstanding (DIO), and days payables outstanding (DPO).

To calculate the CCC for Parramore Corp, we first need to calculate the DSO, DIO, and DPO.

DSO = (Receivables / Sales) * 365 = (3 / 14) * 365 = 78.21 days
DIO = (Inventories / Cost of Goods Sold) * 365 = (3 / (0.65 * 14)) * 365 = 80.77 days
DPO = (Payables / Cost of Goods Sold) * 365 = (1.5 / (0.65 * 14)) * 365 = 40.38 days

CCC = DSO + DIO - DPO = 78.21 + 80.77 - 40.38 = 118.6 days

If Parramore could lower its inventories and receivables by 7% each and increase its payables by 7%, the new CCC would be:

New DSO = (0.93 * 3 / 14) * 365 = 72.74 days
New DIO = (0.93 * 3 / (0.65 * 14)) * 365 = 75.12 days
New DPO = (1.07 * 1.5 / (0.65 * 14)) * 365 = 43.21 days

New CCC = 72.74 + 75.12 - 43.21 = 104.65 days

The amount of cash freed up would be the difference between the old and new CCC multiplied by the cost of goods sold:

Cash freed up = (118.6 - 104.65) * (0.65 * 14) = $251,433

The change in pretax profits would be the difference between the old and new CCC multiplied by the bank loan rate:

Change in pretax profits = (118.6 - 104.65) * 0.08 = $1,115.60

Therefore, the new CCC would be 104.65 days, the amount of cash freed up would be $251,433, and the change in pretax profits would be $1,115.60.

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Which employment statistic about small businesses is true? Multiple Choice The number of women owning small businesses has remained constant. Small businesses create about 15% of all new jobs in the United States. A great majority of American workers find their first jobs with a small business. Growth of minority-owned businesses in the United States is declining.

Answers

Option C :The fact that the majority of American workers obtain their first employment through a small business is true.

How many small businesses exist in the United States?

There are 32,540,953 million small businesses in the United States. Of these, 81 percent—or 26,485,532 businesses—have no employees and 19 percent—or 6,055,421 businesses—have paid employees. 16% of small businesses have between one and 19 employees, whereas the majority have no employees at all. Additionally, only 650,003 of the 33.2 million small businesses employ between 20 and 499 people. At least 38% of small businesses in the United States now have majority ownership held by women. In the United States, 11.3 million businesses are owned by women, and the annual revenue of women-owned small businesses exceeds $1.6 trillion.

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Entrepreneur: Ken Kutaragi While employed as a sounds lab specialist at Sony, Ken Kutaragi bought his daughter a Nintendo (a game console made by a competitor of Sony). He found the sound effects primitive and thought he could make improvements to it using a digital sound clip. Consequently, Ken developed the SPC7000 for the next generation of Nintendo machines. On discovery of this innovation, the then CEO of Sony, Norio Ohga, realized its value and did not chastise Ken. Instead, he encouraged Ken to develop a gaming system for Sony, which became the PlayStation. This made Sony a major player in the games market, with PlayStation 2 becoming the best-selling game console of all time. Ken was persistent and he went on to develop other PlayStation products earning him the name The Father of the PlayStation. He was soon rewarded for his significant achievement. He was promoted to the position of Chairman and Chief Executive Officer of Sony Computer Entertainment (SCEI), the video game division of Sony Corporation, and made it into a major profit centre for the Sony Corporation.

(a) Distinguish between creativity and innovation. [6 marks]

(b) Name FIVE things which the management of Sony Computer Entertainment Inc did (in relation to Ken) to promote a culture of creativity. [5 marks]

(c) With reference to the case, identify TWO sources of innovation that was utilized by Kutaragi. [4 mmarks

please help!!

Answers

A creativity was to represent on the different way and innovation was the existing things to the involved new things.

What is innovation?

The term innovation refers to the process of creating an idea and invention on particular commodities. The innovations are always easy to work for human. They already exist in goods and services, they also modification is called the innovation.

There are five things to promote the management of Sony Computer Entertainment was the promote a culture of creativity was the new way a digital sound clip, design, eco friendly, reusable, and the other things. Two way of innovation are sound pitch, and volume.

As a result, the conclusion of the sources of innovation and the creativity are the aforementioned.

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An aggressive working capital policy:
A. Uses more short-term financing than long-term
B. Uses short-term financing to support only the temporary working capital
C. Supports a portion of permanent working capital with short-term financing
D. Both A and B
E. Both A and C

Answers

An aggressive working capital policy uses more short-term financing than long-term and Supports a portion of permanent working capital with short-term financing. Therefore, the correct answer is E. Both A and C.

An aggressive working capital policy uses more short-term financing than long-term financing and also supports a portion of permanent working capital with short-term financing. This type of policy is used by companies who are willing to take on more risk in order to potentially achieve higher returns. By relying on short-term financing, a company can potentially reduce their overall financing costs, but they also run the risk of not being able to meet their short-term obligations if they run into financial difficulties.

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The term "cash build" is measured as:
Question 3 options:
A)
net income plus depreciation
B)
net sales minus expenses minus (plus) an increase (decrease) in inventories
C)
net sales minus (plus) an increase (decrease) in receivables
D)
net income plus depreciation minus (plus) an increase (decrease) in payables

Answers

The term "cash build" is measured as b. net sales minus expenses minus (plus) an increase (decrease) in inventories.

Cash build refers to the amount of cash generated by a company's operating activities after accounting for changes in working capital, such as inventory, receivables, and payables.

Option B represents the correct formula for measuring cash build, where net sales are reduced by expenses and any increase or decrease in inventory. This formula is also known as the cash conversion cycle.


Option A, net income plus depreciation; Option C, net sales minus (plus) an increase (decrease) in receivables; Option D, net income plus depreciation minus (plus) an increase (decrease) in payables do not account for changes in working capital and therefore do not represent the cash build measure accurately.

Thus the term "cash build" is measured as net sales minus expenses minus (plus) an increase (decrease) in inventories.

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Which of these should you consider while communicating in a diverse workplace?


Answers

Always try to learn about the history and culture of the people you meet. always pays close attention when others are speaking. Keep your thoughts and body active as you speak. Strive to overcome the linguistic barrier.

What is meant by diverse workplace?

Diversity refers to the range of parallels and distinctions that every employee brings to the workplace, including but not limited to factors such as language, national origin, race, color, disability, ethnicity, gender, age, religion, sexual orientation, gender identity, socioeconomic status, veteran status, and family structures.

A staff with a variety of backgrounds is better able to comprehend the needs of your consumers and develop solutions to meet those needs. The presence of diversity in the workplace will help boost employee morale and foster a drive to perform more effectively and efficiently.

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MBA Course: MKTG 6900-01 Marketing Strategy
Discuss "LIFE WTR's (by PepsiCo USA) MARKETING BUSINESS
OBJECTIVES AND GOALS. (Please don't discuss Saudi Arabian Life
Water)

Answers

LIFE WTR is a premium water brand by PepsiCo USA. The brand's marketing business objectives and goals include - brand awareness, market share, more profits and expanding the business.

LIFE WTR is a premium water brand by PepsiCo USA. The brand's marketing business objectives and goals include:

1. Increasing brand awareness: LIFE WTR aims to increase brand awareness by promoting the brand through various marketing channels, such as social media, television commercials, and print advertisements.
2. Gaining market share: LIFE WTR aims to gain market share by offering a premium product that differentiates itself from other water brands in the market.
3. Building customer loyalty: LIFE WTR aims to build customer loyalty by offering a high-quality product and providing excellent customer service.
4. Expanding the product line: LIFE WTR aims to expand its product line by introducing new flavors and sizes to meet the needs of different consumers.
5. Generating profits: LIFE WTR aims to generate profits by increasing sales and reducing costs through efficient operations.
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(a) Evaluate the impacts of Suez Canal incident to global businesses and supply chain. [30 marks] (b) Examine the freight options and strategies that businesses can consider when mitigating the risks. Support your answer with examples. [30 marks]

Answers

(a) The Suez Canal incident had a significant impact on global businesses and supply chains. One of the main impacts was the disruption of global trade, as the canal is a major artery for global shipping.

This led to delays in the delivery of goods and raw materials, which affected businesses and consumers around the world. Additionally, the incident caused a spike in shipping costs, as companies had to find alternative routes or wait for the canal to be cleared.

This increase in costs was passed on to consumers in the form of higher prices for goods. Another impact was the disruption of supply chains, as many businesses rely on the Suez Canal for the transport of goods and raw materials. This led to shortages of certain products and difficulties in meeting demand.

(b) To mitigate the risks of incidents like the Suez Canal, businesses can consider a variety of freight options and strategies. One option is to diversify their supply chains and use multiple routes for shipping goods.

This can help reduce the impact of disruptions on one route. Another strategy is to maintain a buffer stock of goods and raw materials, which can help mitigate the impact of delays in shipping. Businesses can also consider using alternative modes of transportation, such as air freight, to avoid disruptions in shipping.

Additionally, businesses can invest in supply chain visibility and tracking technologies, which can help them better anticipate and respond to disruptions. Examples of companies that have successfully implemented these strategies include Amazon, which maintains a large buffer stock of goods, and Maersk, which uses multiple routes and modes of transportation for shipping goods.

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Question 17 3 pts What is the coupon rate for a bond with 6 years until maturity, a price of $984.32, and a yield to maturity of 7%? Interest is paid semi-annually. Enter your answer as a number with 4 decimals.

Answers

The Annual coupon rate of the coupon rate for a bond with 6 years until maturity, is $47.3455 .

The coupon rate for a bond can be calculated using the following formula:

Coupon rate = (Annual coupon payment / Par value) * 100

In this case, we are given the price of the bond ($984.32), the yield to maturity (7%), and the number of years until maturity (6). However, we are not given the annual coupon payment or the par value. Therefore, we cannot directly calculate the coupon rate using the formula.

Instead, we can use the following formula to calculate the annual coupon payment:

Annual coupon payment = (Price * Yield to maturity) / (1 + (Yield to maturity / 2))^(2 * Years until maturity)

Plugging in the given values, we get:

Annual coupon payment = ($984.32 * 0.07) / (1 + (0.07 / 2))^(2 * 6)
Annual coupon payment = $69.9024 / 1.476173
Annual coupon payment = $47.3455

Now, we can use this value to calculate the coupon rate:

Coupon rate = ($47.3455 / Par value) * 100

Unfortunately, we are still missing the par value. Without this information, we cannot calculate the coupon rate. Therefore, the answer to this question is "cannot be determined."

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Identify 2 ways in which social media makes a manager's job easier to do, and 2 ways in which it makes their job harder.

Answers

Answer:

First, let's start with the ways in which social media makes a manager's job easier.

Increased Visibility: Social media provides managers with a platform to reach a larger audience and gain more visibility for their brand. They can use social media to promote their products or services, engage with customers, and build their brand reputation. Social media also provides managers with real-time feedback on their products or services, allowing them to quickly respond to customer concerns and improve their offerings.

Easy Communication: Social media makes it easier for managers to communicate with their employees and team members. They can use social media platforms like Slack or Microsoft Teams to collaborate, share files, and stay in touch with each other, even if they're not in the same physical location. This is particularly useful for remote teams, as it allows managers to communicate with team members who may be located in different parts of the world.

Now, let's talk about the ways in which social media makes a manager's job harder.

Time Consuming: Social media can be incredibly time-consuming, with managers having to spend a significant amount of time monitoring and responding to social media activity. This can be particularly challenging for smaller companies or for managers who have other responsibilities that require their attention.

Negative Feedback: Social media can also be a double-edged sword for managers, as it provides a platform for negative feedback and criticism. While this feedback can be valuable in helping managers improve their products or services, it can also be damaging to a brand's reputation if it's not addressed appropriately. Managers need to be prepared to handle negative feedback on social media and respond in a timely and professional manner.

So, there you have it! Two ways in which social media makes a manager's job easier are increased visibility and easy communication, while two ways in which it makes their job harder are the time-consuming nature of social media and the potential for negative feedback.

Two ways social media makes a manager's job easier is Increased communication and Marketing and advertising and other one harder is Managing online reputation and Distractions

Here are 2 ways in which social media makes a manager's job easier and 2 ways in which it makes their job harder:

2 ways social media makes a manager's job easier:

Increased communication: Social media allows for easier and faster communication between managers and employees, as well as with customers. This can lead to quicker decision-making and problem-solving.Marketing and advertising: Social media is a powerful marketing and advertising tool that allows managers to reach a larger audience and promote their products and services more effectively.

2 ways social media makes a manager's job harder:

Managing online reputation: With the prevalence of social media, managers have to be more vigilant about their company's online reputation and be prepared to respond to negative comments or reviews.Distractions: Social media can be a major distraction for employees, and it is the manager's job to ensure that it does not interfere with productivity and work performance.

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How do you feel about extension and continuous training to
prevent cyber attacks?
Do you think this will make a noticeable difference?
What other prevention measures can be taken?

Answers

Extension and continuous training can play a significant role in preventing cyber attacks. By keeping employees up-to-date on the latest threats  organizations can reduce the likelihood of successful attacks.
strong password policies, using firewalls and antivirus software  other prevention measures can be taken.

This type of training can also help employees identify and respond to suspicious activity, preventing potential breaches before they occur.

In addition to extension and continuous training, there are several other measures that can be taken to prevent cyber attacks.

These include implementing strong password policies, using firewalls and antivirus software, and regularly updating software and systems to address vulnerabilities. It is also important to have a comprehensive incident response plan in place in the event of a cyber attack.

Overall, while extension and continuous training alone may not be enough to prevent all cyber attacks, it can make a noticeable difference when combined with other prevention measures.

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How were muckrakers able to influence American society and ultimately inspire reform? They led frequent marches and strikes. They worked as government officials. They contributed photographs and articles to magazines. They controlled factories and labor unions. A fire destroyed xyz manufacturing company completely on january 29, 2004. Fortunately certain accounting records were kept in another building. It revealed the following for the period from january 1, 2004 to january 29, 2004. Direct material purchased br. 160, 000 wip january1 34,000 direct material january1, 2004 16,000 finished goods january1, 2004 30,000 moh cost 40% of conversion cost revenue 500,000 direct labor cost 180,000 prime cost 294,000 gross profit based on sales 20% cost of goods available for sale 450,000 required: a. Direct material of ending inventory b. Work in progress of ending inventory C. Finished good of ending inventory Horizontal Method For Numbers 3 - 4,PLS HELP 100 POINTS1. ( 3 x 3 ) ( 8 x + 1 ) = ( ) ( 8 x ) + ( ) ( 1 ) ( 8 x ) 3 ( ) = ( ) x ^2 + 3 x ( ) x 3 = ( ) x ^2 ( ) x 3 2. ( x 4 ) ( 3 x y + 3 ) = x ( ) + x ( ) + x ( ) 4 ( ) 4 ( ) 4 ( ) = 3 x ^2 ( ) + ( ) ( ) + ( ) + ( ) = 3 x ^2 x y 9 x + 4 y + 12 PLS HELP GIVING 100 POINTS The federal government requires medicines to be tested extensively before they can be sold two and used by the general public.How does this requirement affect drug manufacturers and consumers?Do you agree with this policy? Explain why or why not.Use details and examples to support your answer. A nature journal entry is a document that you make while you are outdoors. You can observe a species (like a bird flying overhead, a squirrel foraging for seeds, a tree blowing in the wind, etc.) a group of animals or plants (a group of pigeons downtown, a group of deer, a patch of tall grass, etc.), or a natural or created ecosystem (a park, a pond, your back yard, the sidewalk, etc.). 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