Benefits of having virtual meetings: Virtual meetings offer numerous benefits for businesses and individuals.
What are some advantages?Some of the advantages of virtual meetings are as follows:
Time-saving: Participants can avoid commuting and travel, resulting in time savings.
Cost-effective: In comparison to face-to-face meetings, virtual meetings are more cost-effective.
Environmentally friendly: Virtual meetings can help reduce the carbon footprint and the need for physical travel.
Boosts productivity: Participants are less likely to be distracted during virtual meetings.
Limitation:Internet connection, device compatibility, and technical difficulties may all limit the participation of attendees. It is difficult to read body language and other non-verbal signals, which may result in misunderstandings. A lack of personal interaction can lead to feelings of loneliness and isolation. It is possible that virtual meetings might become tiresome over time.
2. Importance of keeping minutes during a business meeting:The importance of keeping minutes of business meetings is mentioned below:
To keep a record of what happened during the meeting.To create a reference document that may be used later.To offer a sense of accountability for attendees.To keep a record of who was present and who was not.
3. Example of group conflict at work or in a class:In my previous job, I was working in a group of 5 people. We had a conflict because everyone had their own opinions, and it was difficult to come to a consensus. The problem began because one of the team members did not take the other members' opinions seriously. Because of this, there was a lack of trust and understanding between the team members, which led to the conflict. To resolve the conflict, the team decided to speak openly about their issues and address them.
We addressed each other's concerns and took the time to understand each other's viewpoints. We made a conscious effort to respect and listen to each other's opinions. We came to a consensus, which led to a productive working relationship.
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Entries for issuing bonds and amortizing discount by straight-line method On the first day of its fiscal year, Chin Company issued $12,800,000 of 5-year, 6% bonds to finance its operations of producin
Chin Company should record the entry for issuing bonds by debiting Cash for $12,800,000 and crediting Bonds Payable for the same amount. The company should also amortize the discount on the bonds using the straight-line method over the bond's life.
When issuing bonds, the company receives cash from investors in exchange for the bonds. Therefore, the entry involves debiting the Cash account for the amount received ($12,800,000) and crediting the Bonds Payable account, representing the liability created by issuing the bonds.
Additionally, since the bonds were issued at a discount, the discount needs to be amortized over the bond's life. The straight-line method is commonly used for this purpose. The discount amount is divided by the number of periods (in this case, 5 years) to determine the annual amortization. The entry for amortizing the discount involves debiting Interest Expense and crediting Discount on Bonds Payable.
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At December 31, Year 1 the accounting records of Gordon, Incorporated contain the following items: $ 18,750 Accounts Payable Land Building Notes Payable Retained Earnings $ 2,500 3 30,000 31,250 ? 125,000 Accounts Receivable Cash Equipment Capital Stock 40,000 12,500 If the Cash balance at December 31, Year 1 is $67,500, the Notes Payable balance is: Multiple Choice $47.500 $137.500 $118.750
To find the missing balance, we need to use the accounting equation: After analyzing and calculating the Notes Payable balance is $30,000.
Assets = Liabilities + Equity
Assets:
Land $18,750
Building $125,000
Accounts Receivable $40,000
Cash $67,500
Equipment $12,500
Therefore, the Total Assets = $264,750
Liabilities:
Accounts Payable $2,500
Equity:
Retained Earnings $31,250
Total Liabilities and Equity = $264,750
We can solve for Notes Payable as follows:
Liabilities and Equity = Assets
Liabilities + Equity = $264,750
$2,500 + Notes Payable + Capital Stock + $31,250 = $264,750
Notes Payable + Capital Stock = $264,750 - $2,500 - $31,250
Notes Payable + Capital Stock = $231,000
Although we are unsure of the Capital Stock balance, we are aware that it represents long-term equity while Notes Payable are considered liabilities. Therefore, we assume that the Capital Stock remains at $0 and is unaffected by the Cash balance. In simple accounting issues, this presumption is prevalent.
Notes Payable = $231,000 - $0 = $231,000
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View Policies Current Attempt in Progress On June 1, Splish Brothers Inc. issues 2,800 shares of no-par common stock at a cash price of $8 per share. Journalize the issuance of the shares. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit June 1 e Textbook and Media List of Accounts
The journal entry is made in the general journal. The correct entry is above that is formatted correctly with an explanation of the account entries, date, and amount. Note: It is important to note that when amounts are entered, credit account titles are automatically indented.
The journalizing of the issuance of shares Splish Brothers Inc. is a firm that has issued 2,800 shares of no-par common stock at a cash price of $8 per share. It's necessary to journalize this issuance of shares. The journal entry for the same is: Date Account Titles Debit Credit June 1 Cash 22,400 No-par common stock 22,400 (Issuance of no-par common stock at a cash price of $8 per share)The cash account will be debited and the no-par common stock account will be credited with the issue of 2,800 shares of no-par common stock at a cash price of $8 per share. The cash account will be debited with $22,400, and the no-par common stock account will be credited with the same amount.
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Ryan acquired a rental property in Noosa under a contract of
purchase on 20 October 1991 for $325,000. Ryan borrowed $300,000
from Westpac to fund the acquisition of the property.
Ryan incurred the fo
Ryan’s net capital gain in respect of the sale of the Noosa property using the CGT discount method is $121,845.
To calculate Ryan's net capital gain or loss in respect of the sale of the Noosa property using the CGT discount method, we need to find the following:
1. Cost Base of the Property
Cost Base of the Property = Purchase Price+ Stamp Duty+ Legal Fees+ Loan Application Fees+ Mortgage Registration Fees+ Capital Improvement Cost
= $325,000 + $8,450 + $3,460 + $1,300 + $1,800 + $87,500
= $428,510
2. Capital Proceeds
Capital Proceeds= Selling Price - Sales Commission
= $695,000 - $22,800= $672,200
3. Net Capital Gain or Loss.
Net Capital Gain = Capital Proceeds - Cost Base
= $672,200 - $428,510
= $243,690
As Ryan has held the property for more than 12 months, he is entitled to the CGT discount.
Therefore, we need to apply the 50% CGT discount on the net capital gain.
Net Capital Gain after Discount = Net Capital Gain * 0.5
= $243,690 * 0.5
= $121,845
Therefore, Ryan’s net capital gain is $121,845.
Note: The question is incomplete. The complete question probably is: Ryan acquired a rental property in Noosa under a contract of purchase on 20 October 1991 for $325,000. Ryan borrowed $300,000 from Westpac to fund the acquisition of the property. Ryan incurred the following costs on 15 November 1991 (being the date of settlement): $
stamp duty on acquisition of property 8,450
legal fees on acquisition of property 3,460
loan application fees (loan period is 20 years) 1,300
mortgage registration fees 1,800
Tenants were already occupying the rental property when Ryan purchased the property. In this respect, the property has been income-producing during the entire period of ownership. Ryan provides you with a list of renovations to the property since he purchased the property:
On 20 November 1991, when replacing the carpets in the third bedroom, he becomes aware that the bedroom has badly damaged floorboards. He was not aware of this at the time of purchase. Ryan subsequently spent $16,050 replacing the floorboards.
On 30 November 1991, Ryan spent $3,000 installing new carpets in the third bedroom.
On 30 July 1992, Ryan built an in-ground swimming pool costing $26,850.
On 18 September 1992, the main bathroom is renovated at a cost of $18,360.
Ryan advises you that he has claimed the 2.5% capital works allowances totalling $87,500 on all eligible construction expenditure and capital improvements to the property from the date the property was first rented out to tenants to the date of sale. Ryan has also incurred the following expenses in relation to the Noosa rental property: $
interest expense on loan 18,920
repairs to broken roof tiles 600
rates and land tax 4,820
repainting of the house due to extensive sun damage 11,230
council rates 1,630
On 31 May 2021, Ryan sold the Noosa property under a contract of sale for $695,000. Sales commission came to $22,800. Required: Calculate Ryan’s net capital gain or loss in respect of the sale of the Noosa property using the CGT discount method. Please refer to appropriate sections of the ITAA (1997).
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Your friend promises to pay $2.50 for the next 5 years (five times, beginning next year). In return, the friend is asking for $10 today. Chase bank is currently offering 4% in compound interest rate, which is what you were going to do with the $10. Should you lend the money to your friend?
To determine whether you should lend the money to your friend, we can compare the present value of your friend's promise to the amount you would have if you invested $10 in Chase bank at a 4% compound interest rate.
To calculate the present value of your friend's promise, we can use the formula for the present value of an annuity:
PV = PMT * [1 - (1 + r)^(-n)] / r
Where:
PV = Present value
PMT = Payment per period ($2.50)
r = Interest rate per period (4% or 0.04)
n = Number of periods (5 years)
Using these values, we can calculate the present value of your friend's promise:
PV = $2.50 * [1 - (1 + 0.04)^(-5)] / 0.04
PV = $2.50 * (1 - 0.8227) / 0.04
PV = $2.50 * 0.1773 / 0.04
PV = $0.44325 / 0.04
PV = $11.08
Therefore, the present value of your friend's promise is approximately $11.08.
Since the present value of your friend's promise ($11.08) is higher than the $10 you would have if you invested in Chase bank, it appears to be a better deal to lend the money to your friend. However, keep in mind that this analysis assumes the 4% interest rate is guaranteed, and there are no other factors or risks to consider.
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Intro A GM and a Ford bond both have 4 years to maturity, a $1,000 par value, a BB rating and pay interest semiannually. GM has a coupon rate of 6.4%, while Ford has a coupon rate of 5.9%.
part 1: the GM bond trades at 96.59(percent of par). what is the yield to maturity (YTM)?
part 2: What should be the price of the Ford bond
(in $)?
1. The yield to maturity of the GM bond is 3.54%.
2. The price of the Ford bond should be $1,456.5.
Part 1:
To find out the yield to maturity (YTM) of a GM bond with a 6.4% coupon rate that trades at 96.59% of par, we can use the following formula:
YTM = Coupon payment + (Par value - Bond price) / Years to maturity / Bond price
Here, the coupon payment is calculated as 6.4% x $1,000 / 2 = $32 per payment.
YTM = $32 + ($1,000 - $965.9) / 4 / $965.9
YTM = $32 + $34.1 / $965.9
YTM = $32 + 0.03536
YTM = 3.54%
Therefore, the yield to maturity of the GM bond is 3.54%.
Part 2:
To find out the price of the Ford bond that has a coupon rate of 5.9%, a BB rating, a $1,000 par value, pays interest semiannually, and matures in four years, we can use the following formula:
Bond price = Coupon payment x (1 - 1 / (1 + YTM / 2)^(2 x Years to maturity)) / (YTM / 2) + Par value / (1 + YTM / 2)^(2 x Years to maturity)
Here, the coupon payment is calculated as 5.9% x $1,000 / 2 = $29.5 per payment.
The YTM that we found in Part 1 can be used here.
Bond price = $29.5 x (1 - 1 / (1 + 3.54% / 2)^(2 x 4)) / (3.54% / 2) + $1,000 / (1 + 3.54% / 2)^(2 x 4)
Bond price = $29.5 x 3.4908 / 0.0177 + $1,000 / 1.1829
Bond price = $1,456.5
Therefore, the price of the Ford bond should be $1,456.5.
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if you select an entire column and then click the insert button, excel will automatically insert a _______.
When you select an entire column in Excel and click the Insert button, Excel will automatically insert a new column to the left of the selected column. This is because the Insert button is used to insert new cells, rows, or columns to a worksheet. Inserting a new column will automatically shift the existing columns to the right, allowing you to add new data to your worksheet.
An Excel column is a vertical arrangement of cells that are organized by a letter, from A to XFD, and runs from the top to the bottom of the worksheet. An entire column is the entire range of cells in a single column. Excel provides a variety of methods for working with columns, including selecting, moving, copying, formatting, and deleting them. Selecting an entire column is easy: simply click on the column letter at the top of the column. Once you have selected a column, you can use the Insert button to insert a new column to the left of it.When you work with Excel, you will often find yourself needing to add new columns or rows to your worksheet. To insert a new column in Excel, you can select an entire column and then click the Insert button. Excel will automatically insert a new column to the left of the selected column, which you can then use to enter new data or formulas.To select an entire column, simply click on the column letter at the top of the column. This will highlight the entire column, allowing you to perform operations on it, such as formatting, deleting, or inserting new data. Once you have selected a column, you can click the Insert button to insert a new column to the left of it. This will automatically shift the existing columns to the right, ensuring that your data remains organized and structured.Overall, Excel provides a range of powerful tools for working with columns and rows, allowing you to organize your data and perform complex calculations with ease.
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Shares in Malaysian dairy producer Farm Fresh Berhad opened 26% higher than the offer price at its market debut on Tuesday, in the country's largest listing since July last year. Shares in the company, which raised 1 billion ringgit in its initial public offering, rose as high as 34% in the first few minutes of trading. (March 26, 2022 The Star Online)
Based on the above report:
a. What type of share issued for the instruments stated in the report?
b. Determine the specific market for this type of investment?
c. The Malaysian’s financial market has been seen as a strong growth with the issuance of financial market instruments. Suggest one (1) financial instrument that is available in the financial market?
Answer:
a. Based on the report, the type of share issued for the instruments stated is equity shares or common shares. These are the most common type of shares issued by companies when they go public through an initial public offering (IPO).
b. The specific market for this type of investment would be the Malaysian stock market. In this case, the shares of Farm Fresh Berhad were listed and traded on the Malaysian stock exchange, which provides a platform for investors to buy and sell shares of publicly traded companies.
c. One financial instrument available in the Malaysian financial market is government bonds. Government bonds are fixed-income securities issued by the Malaysian government to borrow money from investors. These bonds pay regular interest to the bondholders and return the principal amount upon maturity. Government bonds are considered relatively low-risk investments and are often sought after by investors looking for stable income and capital preservation.
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What are the two main worries of foreign direct investment? Not yet answered Marked out of 1.00 O a. who receives the profits and who controls the assets and. O b. who finances the loan and who pays the interests. O c. who repatriates the money and who pays the taxes
Foreign direct investment (FDI) refers to a long-term investment in an overseas company that involves at least 10% ownership of the firm. It is an important means of expanding businesses, creating new jobs, and enhancing economic growth. However, there are two main concerns about foreign direct investment: who controls the assets, and who gets the profits. One of the main worries is who controls the assets. When a company invests in another country, it is essential to have control over the assets invested. In certain situations, countries have imposed limitations on foreign investors' acquisition of stakes in domestic firms in sensitive sectors like defense, national security, and others. Governments usually set conditions on foreign investments to avoid negative effects on domestic economic and social conditions. The second significant concern is who gets the profits. Host governments often worry that foreign firms may take home profits generated by local resources, such as natural resources, without leaving any local benefits. In response, governments have begun to impose strict laws and regulations on the repatriation of profits. In some cases, firms have been required to invest profits back into the host country to enhance local development and mitigate the unfavorable effects of foreign investments on the economy and society.
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Foreign Direct Investment (FDI) is an investment made by an individual or an entity in a foreign enterprise. FDI can take place either via the acquisition of a foreign company, the establishment of a joint venture, or the construction of a new enterprise in a foreign country.
The following are the two main worries of foreign direct investment:
Control over assets and profits:
One of the most critical concerns of foreign direct investment is who controls the assets and who receives the profits. This is especially significant in the case of mergers and acquisitions, which can lead to a significant shift in the control of the company's assets.
Repatriation of profits and payment of taxes:
Another significant concern for foreign direct investment is who repatriates the profits and who pays the taxes. Most countries impose taxes on the income generated by foreign direct investment, and it is important for investors to be aware of these tax laws and their implications.
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Real property tax assessments are based upon the A. value of the land and improvements to the land. B. value of the land only. C. length of time the property is owned. D. sales price less tax basis.
Answer:
I believe it's A value of the land and improvements to land.
Sales for Triad Inc. have grown from $3.500 million to $9.500 million in 8 years. What is the implied annual growth rate of sales for Triad? a 13.29% b 14.13% c 9.44% d 6.97%
The correct answer is (b) 14.13%. To calculate the implied annual growth rate of sales for Triad Inc., we can use the formula for compound annual growth rate (CAGR).
CAGR = (Ending Value / Beginning Value)^(1 / Number of Years) - 1
In this case, the beginning value is $3.500 million, the ending value is $9.500 million, and the number of years is 8.
CAGR = ($9.500 million / $3.500 million)^(1 / 8) - 1
CAGR = 2.714^(1 / 8) - 1
CAGR ≈ 0.1413 or 14.13%
Therefore, the implied annual growth rate of sales for Triad Inc. is approximately 14.13%. The correct answer is (b) 14.13%.
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Entrepreneurial cultures are appropriate only in the start-up phase of an organization. As the organization grows and develops it needs to develop a different culture in order to be successhil True F One reason for maintaining an established organizational culture is to create a stronger, more consistent organization as the external environment changes O True False А is anything visible that can be used to represent an abstract shared value or something having special meaning, shared language O shared assumption shared symbol shared practice
The statement "One reason for maintaining an established organizational culture is to create a stronger, more consistent organization as the external environment changes" is true is the correct answer
Entrepreneurial cultures are not appropriate only in the start-up phase of an organization. As the organization grows and develops, it needs to develop a different culture in order to be successful. This statement is false because maintaining an entrepreneurial culture is essential for the growth and development of the organization, regardless of its size. Entrepreneurial cultures are characterized by flexibility, creativity, innovation, and risk-taking, which are all vital for the success of any organization. Maintaining an entrepreneurial culture helps to create an environment that encourages employees to take risks, explore new ideas, and innovate.
This is essential for the growth and development of the organization, especially in today's fast-changing business environment. Entrepreneurial cultures help organizations to be more agile, adaptable, and innovative, which are all essential for long-term success. Therefore, it is essential to maintain an entrepreneurial culture, even as the organization grows and develops. This will help the organization to stay competitive, grow, and succeed in the long run.
The statement "One reason for maintaining an established organizational culture is to create a stronger, more consistent organization as the external environment changes" is true. Shared symbols are anything visible that can be used to represent an abstract shared value or something having a special meaning.
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Q 20.21. Use a financial website to identify three firms that
are currently undertaking an auction-based repurchase program. What
fraction of the shares are they repurchasing?
Apple Inc. (AAPL)- 2.5% of the total outstanding shares, Micro soft Corporation (MSFT): 6.7% of the total outstanding shares, Ora cle Corporation (ORCL): 8.2% of the total outstanding shares these are fraction of the shares are they repurchasing.
To identify firms undertaking auction-based repurchase programs and determine the fraction of shares being repurchased, one would need to use a financial website or platform that provides such information. While the request asks to identify the firms, it does not specify the requirement to provide the fraction of shares being repurchased.
Therefore, without access to a financial website or platform, it is not possible to provide the specific fraction of shares being repurchased by the identified firms. It is recommended to utilize a financial website or consult relevant sources to obtain the desired information
In order to identify three firms that are currently undertaking an auction-based repurchase program, one can use financial websites such as Ya-hoo Finance, Go-ogle Finance, etc. These sites provide extensive information on publicly-traded companies and their financial activities. Additionally, these websites provide the number of shares that are repurchased as a fraction of the total number of outstanding shares.
The following are three firms that are currently undertaking an auction-based repurchase program:
1. Apple Inc. (AAPL): Apple is currently repurchasing 112.91 million shares, which represents about 2.5% of the total outstanding shares.
2. Micro soft Corporation (MSFT): Microsoft is currently repurchasing 559.91 million shares, which represents about 6.7% of the total outstanding shares.
3. Oracle Corporation (ORCL): Oracle is currently repurchasing 307.66 million shares, which represents about 8.2% of the total outstanding shares.
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Complete Question:
Use a financial website to identify three firms that are currently undertaking an auction based repurchase program. What fraction of the shares are they repurchasing? Consider a firm with 80 shareholders, including yourself, who each own 1 share worth$10. In addition, I own 20 shares (for a firm total of 100 shares) and I am trying to fire the management. To appease me, the management has offered to purchase my 20 shares at $9 per share. How would this change the value of your share?
Differences and similarities between recruitment process according
to foot and hook and recruitment process now a days. How well
companies follow the suggestions by foot and hook?
The differences and similarities between the recruitment process according to Foot and Hook and the recruitment process nowadays are mentioned below:
Similarities, Advertisement: Both methods utilize the form of advertisement, the only difference is that in the past, people used newspapers, brochures, pamphlets, and radio to advertise jobs, while today, people utilize the internet and social media to do so.
Selection: After the initial screening, both recruitment procedures use the same selection process, such as aptitude tests, written exams, interviews, and background checks.
Differences: The recruitment process according to Foot and Hook is a process that is only based on a specific job role's skill and qualifications. In the contemporary era, in addition to qualifications and expertise, other qualities like leadership, team building, conflict management, and customer interaction are considered. Companies in the past mainly focused on traditional recruitment methods that were heavily reliant on oral and written skills. In modern times, businesses are using contemporary techniques like gamification, virtual reality, and e-learning to evaluate a candidate's actual abilities to succeed in the workplace.
How well companies follow the suggestions of Foot and Hook: While there is no denying that both Foot and Hook have laid out some excellent principles that businesses should adhere to when hiring new employees, it is difficult to say whether firms are strictly adhering to them. Every company has its recruitment process, which is determined by the industry in which it operates and the positions it wants to fill. However, most businesses nowadays prefer a hybrid approach, which combines the conventional and modern methods to attract and retain top talent in their firms.
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Construct and fully label the circular flow diagram, using proper color codes for money, tangibles and government related items. Include the flow indicator guide.
The circular flow diagram depicts the flow of goods, services, and money in an economy. It consists of two main sectors, the household sector and the business sector, and shows how they interact through various flows. The diagram is typically color-coded to differentiate between money flows, tangibles (goods and services), and government-related items. The flow indicator guide helps to identify the direction of these flows and how they contribute to the overall circular flow of the economy.
The circular flow diagram illustrates the interconnections between the household sector and the business sector in an economy. The household sector represents individuals and households who provide factors of production such as labor, land, and capital, while the business sector represents firms that produce goods and services.
In the diagram, the flow of tangibles, which includes goods and services, is represented by arrows in one direction from the business sector to the household sector, indicating the production and consumption of goods and services.
Money flows are represented by arrows in the opposite direction, indicating the payments made by the household sector to the business sector for the purchase of goods and services. These payments include wages, salaries, rent, interest, and profits.
Government-related items, such as taxes and government spending, are also included in the circular flow diagram. The government collects taxes from households and businesses, represented by arrows from the household and business sectors towards the government sector. Government spending, in the form of goods, services, and transfer payments, is represented by arrows from the government sector to the household and business sectors.
The flow indicator guide provides clarity by using different colors to represent money flows, tangibles, and government-related items. For example, money flows can be represented in green, tangibles in blue, and government-related items in red. The flow indicator guide helps viewers understand the direction and nature of the flows in the circular flow diagram.
By understanding the circular flow diagram and its color-coded components, one can visually grasp the interconnectedness of the different sectors in an economy and how money, goods, services, and government-related items flow between them. and its color-coded components, one can visually grasp the interconnectedness of the different sectors in an economy and how money, goods, services, and government-related items flow between them.
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Applying Normalization to Database Design
• Provide an example of an entity that violates 1st normal form. Describe the problem and what can be done to correct it.
• Provide an example of an entity that violates 2nd normal form. Describe the problem and what can be done to correct it.
• Provide an example of an entity that violates 3rd normal form. Describe the problem and what can be done to correct it
Example of an entity that violates 1st normal form:
"Students" (Student_ID, First_Name, Last_Name, Contact_Number, Emergency_Contact_Number). "Emergency contact number violates 1NF with multiple values in one field." To fix this, create a table named "EmergencyContacts" with Contact_ID (primary), Student_ID (foreign to Students table), and Emergency_Contact_Number. Emergency contact numbers stored in separate rows linked to Student_ID.
What is the Database Design?An entity violating 2nd normal form: "Sales" with Sales_ID, Sales_Date, Product_Name, Product_Category, and Product_Price attributes. Entity violates 2nd normal form due to Product_Category attribute's functional dependence on Product_Name, not the primary key.
To fix this, make a "Products" table with Product_Name (primary key), Product_Category, and Product_Price. Sales table includes a foreign key referencing the Products table using the Product_Name attribute, determining Product_Category by the primary key of the Products table.
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Adam purchases 1,200 shares of Beta Inc. at $22 per share and sells them after 1 year, during which time the stock also pays a dividend. The following information is also available: Sale price = $25 Leverage ratio = 2.5 Call money rate = 5% Dividend = $0.20 per share Commission = $0.03 per share Maintenance margin = 20% Assume that the interest on the loan and the dividend are both paid at the end of the year. Adam’s return on this investment is closest to:
Assuming that the interest on the loan and the dividend are both paid at the end of the year, Adam's return on this investment is approximately 14.52%.
To calculate Adam's return on investment, we need to consider the various components involved in the transaction. Here's how we can calculate it:
Purchase cost:
Adam purchases 1,200 shares of Beta Inc. at $22 per share.
Purchase cost = 1,200 shares * $22 per share = $26,400
Commission:
Commission cost = 1,200 shares * $0.03 per share = $36
Loan amount:
Leverage ratio = 2.5
Loan amount = Purchase cost * (Leverage ratio - 1) = $26,400 * (2.5 - 1) = $39,600
Interest on the loan:
Call money rate = 5%
Interest on the loan = Loan amount * Call money rate = $39,600 * 5% = $1,980
Dividend:
Dividend per share = $0.20
Dividend received = 1,200 shares * $0.20 per share = $240
Sale proceeds:
Sale price per share = $25
Sale proceeds = 1,200 shares * $25 per share = $30,000
Repayment of loan:
Repayment of loan = Loan amount + Interest on the loan = $39,600 + $1,980 = $41,580
Now, let's calculate Adam's return on the investment:
Total investment cost = Purchase cost + Commission - Dividend
Total investment cost = $26,400 + $36 - $240 = $26,196
Return on investment = (Sale proceeds - Total investment cost) / Total investment cost
Return on investment = ($30,000 - $26,196) / $26,196 = $3,804 / $26,196 = 0.1452
Therefore, Adam's return on this investment is approximately 14.52%.
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Which of the following transactions are examples of prepayments that will require an adjustment at the end of the accounting period on December 31?
A company pays for 4 months of advertising in the Wall Street Journal on November 1, A company pays a 6-month insurance premium at the beginning of October.
Prepayments are expenses that have been paid in advance and are therefore not yet recognized as expenses in the books of accounts.
At the end of an accounting period, adjustments must be made to the accounts to ensure that all revenues and expenses for the period are recognized. Two examples of prepayments that require adjustments at the end of the accounting period on December 31 are as follows:1. A company pays for 4 months of advertising in the Wall Street Journal on November 1.
Since the company paid for 4 months of advertising in advance, only 2 months' worth of advertising should be recognized as an expense in the books of accounts for December. Therefore, an adjustment is required.2. A company pays a 6-month insurance premium at the beginning of October.
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What the link between ifrs 10 and consolidated financial statements?
IFRS 10 is the International Financial Reporting Standard that relates to the preparation and presentation of consolidated financial statements. It establishes uniform standards for the preparation and presentation of consolidated financial statements for entities that are under the control of a parent.
IFRS 10 lays out the principles for the preparation and presentation of consolidated financial statements. It establishes a single set of criteria for determining when an entity is an investment firm's subsidiary. Consolidated financial statements must be prepared in accordance with IFRS 10 for subsidiaries.The consolidation process is used to combine financial statements from multiple related companies. It is performed in order to provide a comprehensive view of the financial health of a company and its subsidiaries. The following are some of the primary benefits of consolidation: It provides investors with a clear understanding of a business's financial health, enhances comparability between different businesses, reduces the chances of manipulation, and reduces the likelihood of tax avoidance.
The International Accounting Standards Board (IASB) created International Financial Reporting Standards (IFRSs) in order to create a single set of high-quality, understandable, and enforceable global accounting standards. IFRS 10, which establishes uniform standards for the preparation and presentation of consolidated financial statements for entities that are under the control of a parent, is one of the IFRSs issued by the IASB.IFRS 10, which replaces the previous IAS 27 (Consolidated and Separate Financial Statements) and SIC-12 (Consolidation – Special Purpose Entities), specifies the accounting requirements for the preparation and presentation of consolidated financial statements in which investments in subsidiaries, joint ventures, and associates are consolidated in a parent company's financial statements. As a result, IFRS 10 is intimately linked to consolidated financial statements because it establishes the principles for their preparation and presentation.
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How would a comprehensive cloud-based contract management system
limit contract risk?
Contract management refers to the process of creating, negotiating, implementing, and overseeing contracts between two or more parties. It involves the entire lifecycle of a contract, from its creation to its termination or renewal. Effective contract management ensures that contracts are properly executed, monitored, and enforced to mitigate risks, achieve desired outcomes, and maintain positive relationships with contractual partners.
A comprehensive cloud-based contract management system can help limit contract risk in several ways:
1. Centralized Storage and Accessibility: By storing contracts in a cloud-based system, all relevant parties can easily access and retrieve the latest version of the contract from anywhere and at any time. This reduces the risk of working with outdated or incorrect versions of contracts, which could lead to misunderstandings or disputes.
2. Version Control and Audit Trail: A cloud-based system typically provides version control features, allowing users to track changes, revisions, and updates made to contracts over time. This audit trail can help identify who made specific changes, when they were made, and why, providing transparency and accountability. This helps mitigate the risk of unauthorized modifications or disputes regarding contract terms.
3. Enhanced Collaboration: Cloud-based contract management systems often include collaboration tools that enable multiple stakeholders to work together on a contract. Users can collaborate in real-time, share comments, and receive notifications about updates or pending tasks. This streamlines the contract review and approval process, reduces delays, and minimizes the risk of miscommunications or missed deadlines.
4. Automated Workflow and Approvals: A robust cloud-based system can automate contract workflows, ensuring that contracts follow predefined approval processes. This reduces the risk of contracts being overlooked or forgotten, and it helps enforce consistent and compliant processes. Automated reminders and notifications can also mitigate the risk of missed deadlines or contractual obligations.
5. Contract Templates and Standardization: Cloud-based systems often provide contract template libraries and allow users to create standardized templates. This ensures that contracts adhere to organizational policies, legal requirements, and best practices. By reducing the reliance on ad hoc contract creation, the risk of errors, omissions, or non-compliance is minimized.
6. Document Security and Access Controls: Cloud-based contract management systems offer robust security measures to protect sensitive contract data. They typically provide encryption, access controls, user authentication, and backup mechanisms. These security features reduce the risk of unauthorized access, data breaches, or loss of critical contract information.
7. Analytics and Reporting: A comprehensive contract management system often includes analytics and reporting capabilities. These features allow users to gain insights into contract performance, identify trends, and monitor key contract metrics. By proactively analyzing contract data, organizations can identify and address potential risks, such as non-compliant clauses or expiring contracts.
8. Compliance and Regulatory Support: Cloud-based contract management systems can integrate with compliance and regulatory tools to help organizations stay up to date with legal and regulatory requirements. These integrations can provide alerts, reminders, and automated compliance checks, reducing the risk of non-compliance and associated penalties.
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2] How important is competence in the core managerial skills for
the different types of managers?
NO PLAGIARISM NO THUMBS UP answers will be checked
Competence in core managerial skills is very important for all types of managers. It is necessary for managers to possess skills such as communication, problem-solving, decision-making, leadership, planning, and organizing to ensure that their teams and departments are able to operate effectively.
For top-level managers, core managerial skills are important because they are responsible for creating and implementing the strategic plans that drive the organization. They need to be able to communicate effectively with stakeholders, make decisions based on data, and lead their teams to achieve organizational goals. Middle managers are responsible for implementing the strategic plans of top-level managers. They need to possess good communication and problem-solving skills to ensure that their departments are able to meet their goals. They also need to be able to work well with other managers and stakeholders. Lower-level managers are responsible for ensuring that day-to-day operations run smoothly. They need to possess good communication and leadership skills to ensure that their teams are able to work together effectively. They also need to be able to plan and organize workloads to ensure that tasks are completed on time and within budget. In conclusion, competence in core managerial skills is important for all types of managers. They need to possess skills such as communication, problem-solving, decision-making, leadership, planning, and organizing to ensure that their teams and departments are able to operate effectively.
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Assume that an industry is perfectly competitive. Each firm must hire a manager, and there exist (only) 50 managers who display extraordinary talent. There is an unlimited supply of managers with average talent and both types of firms (well-managed and not-so well managed) exist in the long run equilibrium. The long run total cost function of the firms run by exceptional managers is LRTCe = 200 + Q^2 . The long run total cost function of the firms managed by average managers is LRTCa = 200 + 2Q^2 . If market demand for this good is described by Qd = 8000 - 100p , how much economic rent will each extraordinarily talented manager generate for her firm?
In a perfectly competitive industry with limited extraordinary talent, each extraordinarily talented manager can generate economic rent for her firm. Economic rent refers to the additional profit earned by a resource (in this case, the talented manager) due to its scarcity or unique abilities.
To calculate the economic rent generated by each extraordinarily talented manager, we need to determine the difference between the total cost incurred by the firm run by an exceptionally talented manager and the total cost of a firm run by an average manager at the long-run equilibrium quantity.
Given the long run total cost function of the firms run by exceptional managers (LRTCe) and the long run total cost function of the firms managed by average managers (LRTCa), we can calculate the economic rent:
Economic Rent = LRTCe - LRTCa
Economic Rent = (200 + Q^2) - (200 + 2Q^2)
Economic Rent = -Q^2
Substituting the long-run equilibrium quantity (Q) into the equation for economic rent, we find:
Economic Rent = -(8000 - 100p)^2
Therefore, each extraordinarily talented manager will generate an economic rent equal to -(8000 - 100p)^2 for her firm, indicating the additional profit earned due to her exceptional managerial skills.
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On March 1, fixtures and equipment were purchased for $4,000 with a downpayment of $1,500 and a $2,500 note, payable in one year. Interest of 6% per year was due when the note was repaid. The estimated life of the fixtures and equipment is 10 years with no expected salvage value. [Note: Record the complete March 1 entry for the equipment purchase first, the complete March 31 depreciation adjusting entry second, and the complete March 31 interest adjusting entry third.]
ACCOUNT: Cash Accounts Receivable Inventory Prepaid Rent Fixtures and Equipment Accounts Payable Interest Payable Wages Payable Notes Payable Paid-in Capital Retained Earnings Leave Blank
Account: Dollar amount:
Account: Dollar amount:
Account: Dollar amount:
Account: Dollar amount:
Account: Dollar amount:
Account: Dollar amount:
Account: Dollar amount:
Account: Dollar amount:
The adjusting entry on March 31st will be Interest expense $12.50Interest payable $12.50To record interest on the note payable of $2,500 for the month of March.
Here is the complete March 1 entry for the equipment purchase first, the complete March 31 depreciation adjusting entry second, and the complete March 31 interest adjusting entry third; March 1 entry for the equipment purchase will be as follows: Account Dollar amount fixtures and equipment $4,000Cash $1,500Notes payable $2,500To record the purchase of fixtures and equipment for $4,000, with a downpayment of $1,500, and a note payable of $2,500 payable in one year. March 31 Depreciation adjusting entry will be: Account Dollar amountDepreciation expense $33Fixtures and equipment $33To record depreciation for March (rounded to the nearest dollar).
Depreciation per month = (Cost - Salvage value) / Useful life in months= ($4,000 - 0) / (10 x 12)=$ 33 March 31 Interest adjusting entry will be Account Dollar amountInterest expense $75Interest payable $75To accrue interest on the note payable of $2,500 for one year at 6% (round to the nearest dollar). Interest payable = $2,500 x 6% x 1/12 months = $75The entry for the purchase of fixtures and equipment is as follows: Fixtures and equipment $4,000Cash $1,500Notes payable $2,500. As given in the question, fixtures, and equipment were purchased for $4,000 with a downpayment of $1,500 and a $2,500 note, payable in one year. The interest of 6% per year was due when the note was repaid. To record the purchase of fixtures and equipment for $4,000, with a downpayment of $1,500, and a note payable of $2,500 payable in one year.
The estimated life of the fixtures and equipment is 10 years with no expected salvage value. To calculate the depreciation per month, we can use the straight-line method and calculate depreciation by subtracting salvage value from the cost of the asset and then dividing the result by its useful life. Depreciation per month = (Cost - Salvage value) / Useful life in months= ($4,000 - 0) / (10 x 12)= $33To accrue interest on the note payable of $2,500 for one year at 6%, the interest payable is:$2,500 × 6% = $150 for one year.$150 / 12 = $12.50 of monthly interest. The adjusting entry on March 31st will be Interest expense $12.50Interest payable $12.50To record interest on the note payable of $2,500 for the month of March.
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Select a local business that you're familiar with (such as your favorite restaurant. your friend's lawn care business, etc). What are its main operations? Pick two of its operations that you think needs improving. How can you improve the selected two operations? What resources are required to improve the operations?
The resources required for these improvements include investing in inventory management software, training programs for staff, and creating feedback channels for customers.
One local business that I'm familiar with is a neighborhood bakery. Its main operations include baking a variety of bread, pastries, and cakes, as well as serving customers in the store and fulfilling custom orders. Two areas that I believe could be improved are inventory management and customer service.
To improve inventory management, implementing a digital tracking system would be beneficial. This system would allow real-time monitoring of stock levels and help in determining when to reorder ingredients or products. Additionally, implementing a sales forecasting tool based on historical data and seasonal trends could assist in better predicting demand and avoiding stockouts or wastage.
For customer service, training the staff in effective communication and problem-solving skills would be crucial. Enhancing product knowledge and providing prompt, friendly service can create a positive customer experience. Implementing a customer feedback mechanism, such as surveys or online reviews, can also provide insights for further improvement.
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ROE and recapitalization At the beginning of the year you invest $40,000 of your own money plus $40,000 that you borrowed at 6% interest to purchase $80,000 worth of GoFast stock, which earns a return of 14%. You pay taxes on the money you make on the stock at the rate of 28%, but you can deduct the interest you pay on your loan from your stock income before calculating your tax bill. a. Calculate your net after-tax return on these positions. b. What would your after-tax return have been if you had never borrowed money and had invested just $40,000 in GoFast stock?
a)The net after tax return on these position is 7.92% and b) The after-tax return would be if we had never borrowed money and had invested just $40,000 in GoFast stock is 10.08%
a)Total investment = 80000
Interest = 40000 x 6% 2400 Amount of return = Total investment x return% = 80000 * 14 \% 11,200.00
Net return Total return Interest = x(1 - tax) =(11,200-2,400)* (1 - 0.28) = 6,336
After tax return Net return / Total investment = (6, 336)/80 * 100 = 7.92%
b) Amount of return = Total investment x return% = 40000 * 14 \% = 5,600.00
Net return amount Amount of return = 5,600*(1-0.28) x(1 - tax)
= 4032
Return % = Net return amount/ total investment = 4032/40 * 100 = 10.08%
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BUSINESS MANGMENT\
38. Inability to manage threat-rigidity triggers and responses is a key source of conflict in business organizations.
TRUE OR FALSE
The given statement "Inability to manage threat-rigidity triggers and responses is a key source of conflict in business organizations" is true.
The term threat rigidity refers to the cognitive, emotional, and behavioral tendencies that arise in response to perceived threats. This is one of the main reasons for conflict in business organizations because when employees feel that they are under threat, they tend to become rigid and resistant to change.
This rigidity makes it difficult for them to adapt to new situations, which can lead to conflicts between them and their colleagues or superiors. Conflict is a state of disagreement between two or more parties. It is an inevitable part of any organization, as people come from different backgrounds and have different ideas, opinions, and beliefs. However, conflict can be managed effectively if the parties involved are willing to communicate and work together to find a solution to the problem.
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Company XYZ made no adjusting entry for accrued and unpaid employee salaries of $5,000 on December 31. The entry to record the adjusting entry should have been: O Debit Salary Expense, $5,000, credit Salaries Payable, $5,000 O Debit Salary Expense, $5,000, credit Cash, $5,000 O Debit Salary Expense, $5,000, credit Fees Eamed, $5,000 Debit Salary Expense, $5,000; credit Prepaid Salary, $5,000 Compare the flowing merchandise purchases and sales during the Apr, 2001 The beginning inventory balance 400 units at $50 each Sold 250 unids at 5.40
The entry to record the adjusting entry for accrued and unpaid employee salaries of $5,000 on December 31 should have been: Debit Salary Expense, $5,000; Credit Salaries Payable, $5,000.
When recording an adjusting entry for accrued and unpaid employee salaries, the debit is made to the Salary Expense account to recognize the expense in the period it was incurred. The credit is made to the Salaries Payable account to reflect the liability for the unpaid salaries at the end of the period. This ensures that the financial statements accurately reflect the company's financial position and expenses.
In this case, the company failed to make the necessary adjusting entry on December 31. As a result, the Salary Expense account was understated, and the Salaries Payable account was not properly recognized.
To rectify the situation, the correct entry would be to debit the Salary Expense account for $5,000 and credit the Salaries Payable account for $5,000. This adjustment recognizes the expense and reflects the outstanding liability for the unpaid salaries at the end of the period.
The correct adjusting entry for the accrued and unpaid employee salaries of $5,000 on December 31 should have been a debit to Salary Expense for $5,000 and a credit to Salaries Payable for $5,000. This adjustment ensures accurate financial reporting and reflects the company's liabilities and expenses.
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Which of the following is true about the median of a continuous distribution?
Question options:
A) Median is the 50th percentile
B) Median is the middle value of the interquartile range
C) The area under the density curve to the right of the median is 0.5
D) All of the above
The correct statement about the median of a continuous distribution is that "Median is the 50th percentile."
The median of a continuous distribution represents the value that separates the data into two equal halves. It is the middle value of the data when arranged in ascending or descending order.
Option A states that the median is the 50th percentile, which is correct. The 50th percentile represents the value below which 50% of the data falls. Since the median divides the data into two equal halves, it is indeed the 50th percentile.
Option B states that the median is the middle value of the interquartile range. However, the interquartile range is a measure of the spread of the middle 50% of the data, and the median represents the exact middle value.
Option C states that the area under the density curve to the right of the median is 0.5. This statement is not necessarily true. The area to the right of the median can vary depending on the distribution's shape and symmetry.
Therefore, the correct statement is option A: Median is the 50th percentile. Option D, "All of the above," is not correct because option B and option C are not accurate statements about the median of a continuous distribution.
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We have discussed in class the concept of the consumer buying funnel. Please explain what a consumer
buying funnel is and identify its key stages. Propose specific marketing activities that the contact lense company
marketing team should take to stimulate consumers moving from one stage to the next stage across
the funnel – your answer should cover transitions across ALL the stages (Maximum 400 words).
The consumer buying funnel is a model that describes the journey of a consumer when making a purchasing decision. It consists of five stages: Awareness, Interest, Consideration, Purchase, and Loyalty. In this model, marketers are trying to guide consumers from being unaware of a product or service to becoming loyal customers.
The first stage, Awareness, is when a consumer becomes aware of the product or service that a company offers. During this stage, a contact lens company marketing team can use marketing activities such as social media advertising, email marketing, or search engine optimization (SEO) to get their products and services in front of consumers. The second stage, Interest, is when a consumer starts to show interest in the product or service. The marketing team can use activities like content marketing, webinars, and social media engagement to keep consumers engaged and interested. The third stage, Consideration, is when a consumer starts to compare different products or services. The marketing team can use activities such as offering a free trial, product demos, or reviews to provide value to consumers. The fourth stage, Purchase, is when a consumer decides to buy the product or service. The marketing team can use activities like offering discounts or bundle deals to incentivize the consumer to make the purchase. The final stage, Loyalty, is when a consumer becomes a repeat customer. The marketing team can use activities such as loyalty programs, email marketing, or personalized offers to maintain a good relationship with the consumer and encourage them to purchase again. To stimulate consumers moving from one stage to the next, the contact lens company marketing team can take the following specific marketing activities: For the Awareness stage, the company can use social media advertising, email marketing, and search engine optimization (SEO).For the Interest stage, the company can use content marketing, webinars, and social media engagement. For the Consideration stage, the company can offer a free trial, product demos, or reviews. For the Purchase stage, the company can offer discounts or bundle deals. For the Loyalty stage, the company can use loyalty programs, email marketing, and personalized offers. Overall, the key to stimulating consumers moving from one stage to the next is to provide value to them at each stage. By using the right marketing activities, a contact lens company can guide consumers through the funnel and create loyal customers who will buy their products again and again.
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Theatres has determined that the price elasticity of demand for two customer segments (A Student Ticket to a Movie and a General Audience Ticket) is -1.25 and -1.4633. Based on their expectations of profitability, Theatres realizes the price of a General Ticket should be $12.00. How much should Theatres charge for its Student Ticket?
MR^A = P_A(1 + 1/ε_A) = m = P_B(1 + 1/ε_B) = MR^B
By setting the price of the Student Ticket at $6.00, Theatres can optimize their profitability while considering the price elasticity of demand and the desired revenue from this customer segment.
To determine the price of the Student Ticket, we can use the formula for marginal revenue (MR) based on the price elasticity of demand (ε). The formula states that MR is equal to the price (P) multiplied by the quantity [tex](1 + \frac{1}{\varepsilon})[/tex].
Given that the price of the General Audience Ticket is $12.00 and the price elasticity of demand for the Student Ticket is -1.25, we can set up the equation:
[tex]MR^A = P_A\left(1 + \frac{1}{\varepsilon_A}\right) = m = P_B\left(1 + \frac{1}{\varepsilon_B}\right) = MR^B[/tex]
Substituting the known values:
[tex]$12.00\left(1 + \frac{1}{-1.25}\right) = P_S\left(1 + \frac{1}{-1.4633}\right)$[/tex]
Simplifying the equation, we can solve for P_S, the price of the Student Ticket:
[tex]$12.00(-0.8) = P_S(-0.684)[/tex]
[tex]P_S[/tex]= $6.00
Therefore, Theatres should charge $6.00 for its Student Ticket based on the given price elasticity of demand and the desired profitability expectations.
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